Under the competition of music oligopoly, will soda music have a future?

Editor’s Guide: Recently, Tik Tok launched the music streaming platform of "Soda Music". This paper describes five specific reasons why Tik Tok officially launched the music streaming media platform and the future development space of "soda music". Finally, it is concluded that soda music is not only a product with strategic significance, but also can re-enhance the musical gene of Tik Tok’s overall product and reshape the musical image of Tik Tok. Let’s take a look.

In fact, as early as 2019, it was reported that ByteDance was testing music products, and in 2020, it launched Resso in India and Indonesia (followed by covering the Brazilian market), and achieved a lot of results, winning the honor of the best application in the Google Play Store in Indonesia. ByteDance has a layout of copyright, announcement and distribution in the music field at home and abroad, and the product positioning of Tik Tok’s online place is: "Music creative short video social software",music DNA early in Tik Tok’s genes.

And why did Tik Tok choose this year to officially launch its own music streaming platform? Mainly from 5 points:

1. The growth of users in Tik Tok has peaked, and a new growth engine is urgently needed to drive the business growth in Tik Tok; In the past, the way of expanding the scope of content has completed the multi-layered and multi-level short video content ecology in Tik Tok; And expand the scope of business, increase e-commerce services, and eat cakes that sell goods live; Now, I am trying to deepen the music field, increase the depth of music business, keep the music flow in Tik Tok business, and drive the growth of Tik Tok business.

2. Last year (2021), Xiami Music was removed from the shelves, and a new pattern of the music market was formed. Tencent and Netease were the two giants in the domestic music market. At this time, QQ Music and Netease Cloud Music were both launched with short videos, live broadcasts and other functions, which eroded the original market of short music videos and music networks in Tik Tok. If Tik Tok could no longer meet the music needs of users, but searched the Tik Tok Divine Comedy on two other music platforms, resulting in an outflow of traffic, Tik Tok’s growth would not be formed.

Under the competition of music oligopoly, will soda music have a future?

3. The anti-monopoly policy of Internet and music has brought new possibilities to the music market, which was originally dominated by "content copyright". The competition of music platforms can no longer form a moat from copyright monopoly, and the market after copyright opening is full of infinite possibilities.

4. Successful cases inside and outside the company increase ByteDance’s confidence in betting on music streaming media; The success of Resso owned by Byte is the same as Youtube Music’s successful case of expanding from video to music streaming platform.

5. Tik Tok has launched music streaming media (My Music) within the product, and can collect music, create song lists and listen to music, which can be used as the relevant data of MVP products to further verify the success probability of Tik Tok’s own music platform. At present, soda music should be only after the MVP data reaches the standard, and ByteDance will further invest resources in research and development.

Under the competition of music oligopoly, will soda music have a future?

YouTube Music is an extension of YouTube video platform, and it has replaced Google Play Music, the original product of Google layout music market, and has become one of the pre-installed apps for overseas Android mobile phones.

Under the competition of music oligopoly, will soda music have a future?

The soda music extended from Tik Tok is similar to Youtube Music, and both are products extended from the video platform. Let’s summarize and compare the information of the two, as follows:

Under the competition of music oligopoly, will soda music have a future?

Although both of them are video platforms, music and both of them have deep DNA origins. The music market is the action of pushing the boat with running water, and it is also the best direction to go out. Let’s take a look at the achievements of Youtube Music.

Under the competition of music oligopoly, will soda music have a future?

At present, there are 500 million music paying users in the world, of which Spotify is still the leader with 165 million, followed by Apple Music with 77.9 million, Amazon Music with 63.3 million and YouTube Music with 39 million.

Under the competition of music oligopoly, will soda music have a future?

Although Apple Music was launched in 2015 in the same year, and the number of paying users was more than twice that of Youtube Music, Applie Music inherited the foundation of Apple iTunes and the advantages of iPhone users. If we only look at the performance of Youtube Music in Taiwan Province market, It entered the Taiwan Province market four years later than Apple Music (in 2019), but it has surpassed Apple Music in popularity and usage rate in Taiwan Province market, ranking second in Taiwan Province market. Apart from the cognitive differences and usage habits of users in the market, it is also related to the fact that the Chinese music market prefers products like MV.

Of course, Youtube Music can achieve such a great success in the Taiwanese music market in a short period of time, which is not only related to the leading position of Youtube in the Taiwan Province market, but also related to the linkage pricing and sales of Youtube and Youtube Music.

Under the competition of music oligopoly, will soda music have a future?

Under the competition of music oligopoly, will soda music have a future?

However, the sales linkage between Tik Tok and soda music, such as Youtube and Youtube Music, cannot be formed, because Tik Tok is not a commercial model such as paying members, and soda music currently has only the business model of paying members. In the future, the commercial exploration of soda music cannot directly borrow Youtube model, nor can it directly generate commercial linkage with Tik Tok. Whether it can directly profit from soda music still has great obstacles and exploration space …

Under the competition of music oligopoly, will soda music have a future?

ByteDance has made remarkable achievements in exploring the music streaming platform with Resso. Among the three markets opened up, it won the second place in Indonesia and Brazil and the fourth place in India, beating the music products of other global Internet giants.

Under the competition of music oligopoly, will soda music have a future?

Under the competition of music oligopoly, will soda music have a future?

From the screenshots and copywriting of soda music and Resso’s App Store promotion, there is a high similarity between them. Besides, soda music also directly opened Tik Tok’s user account to share user information and data, which saved the process of user data accumulation during the cold start, and inherited Resso’s verified interaction and visual effects. I believe that there will be no major flaws or problems in product design and algorithm, and there is a huge fantasy space for development potential.

From the market in 2019, it has been reported that ByteDance will launch music products, and Byte took the lead in launching Resso in India, Indonesia and Brazil, and achieved great results; And "My Music" was launched in Tik Tok products, which was originally only used to collect BGM music and promote users to create short videos, and further developed into a complete music streaming media product, becoming a "prequel" of soda music. (MVP version)

Under the macro-environment anti-monopoly policy, the entry threshold of music copyright in the past has been lowered for soda music. With Youtube Music as a successful lesson, plus the capital strength of Byte itself and the blessing of Tik Tok’s huge user system, soda music has an excellent starting height.

Tik Tok is in urgent need of music as a new business growth engine, and will certainly be willing to invest a lot of resources in soda music; And Tik Tok’s internal "My Music"+user data sharing has completed the preliminary data verification process for soda music, and saved all kinds of investment accumulated by users in the early stage. I believe that after the soda music is officially launched in the future, it will have a great chance to occupy a place in domestic music, and even have the opportunity to challenge the Jianghu status of QQ music and Netease cloud music …

Soda music is not only a product with strategic significance, but also has a strong tactical defense function, which re-promotes the music gene of Tik Tok’s overall product and reshapes the music image of Tik Tok. It keeps the traffic in Tik Tok’s ecology, no longer flows to outsiders, and also reduces the market share of short music videos and live music broadcasts in Tik Tok eroded by other music platforms. Even if soda music fails to achieve the goal of profit, it is definitely a good deal for Tik Tok …

 

This article was originally published by @ Interesting Xuan Xuanzai. Everyone is a product manager. It is forbidden to reprint without permission.

The title map comes from Unsplash and is based on CC0 protocol.

Wisdom in Everything, Wisdom in Painting the Future | China Mobile IOT makes a wonderful appearance at the 2022 World Internet of Things Expo.

From November 25th to 27th, the 2022 World Internet of Things Expo (hereinafter referred to as "Expo") was held in Wuxi, Jiangsu Province, with the theme of "wisdom from things, symbiosis between numbers and reality", and a "1+1+6" was created through summit forums, exhibitions, docking exchanges, high-end achievements and other forms (1 World Internet of Things Wuxi Summit and 1 Internet of Things application). On-site collection of global technology frontier information, gathering of high-end innovative resources, comprehensive display of the latest achievements in industrial development and application, and providing a platform for exchanges and cooperation for the new generation of information technology innovation, industrial progress and integrated development in the world.
China Mobile Internet of Things Co., Ltd. (hereinafter referred to as "China Mobile Internet of Things"), as a leading enterprise in the field of Internet of Things, actively promotes the acceleration of digital economy and the transformation of digital intelligence in the whole society. In this Expo, China Mobile’s products and applications, such as OneNET urban Internet of Things platform, OneChip chip, OneMO module, OneBOX 5G industrial gateway, and intercom, were unveiled at the China Mobile Exhibition Area, showing the core expertise, cutting-edge innovations and advanced application cases of China Mobile.
OneNET city internet of things platform
China Mobile Internet of Things is based on the OneNET urban Internet of Things platform, integrates into six scenarios, focuses on nine low-speed industries, and builds a new infrastructure of the "169" urban Internet of Things, realizing platform connectivity, data integration and application penetration, and accelerating the integrated development of the Internet of Things industry.
OneNET urban Internet of Things platform focuses on customers in key industries such as government, education and finance, and provides six capabilities, including global perception, digital integration, data governance, digital twinning, open application and visual operation, to help build a governance system of "unified management with one network", to solve the governance pain points of decentralized urban perception, difficult mining of data value, difficult interoperability of application islands and difficult integration of technologies, to improve the level of urban digital intelligence governance and realize urban integration from the Internet of Things.
Up to now, the OneNET urban Internet of Things platform has deployed 100+ urban platforms, served 1000+ smart parks and 10000+ smart communities, and accumulated 100 million+terminal devices, which fully contributed to China’s mobile power in the IOT era.
OneChip chip
In the OneChip chip exhibition area, the chip company of China Mobile IOT, Xinsheng Technology, exhibited a total of 12 chip products, covering the three major directions of "security, communication and computing". Among them, "Spark ·AT1", as the first active logo carrier chip released by Xinsheng Technology, combines industrial Internet logo and SIM technology of IOT card, marking the exploration and achievements of China Mobile IOT in the field of industrial Internet logo. At present, Xinsheng Technology is combining active identification carrier, identification analysis module, credible analysis platform and identification management service to empower gas enterprises to identify and analyze, and complete the whole life cycle management of gas meter equipment from production, testing, installation, operation to after-sales.
At the same time, China Mobile IoT began to lay out the IoT patch card market in 2018, with a cumulative shipment of over 100 million pieces. Relying on the advantages of self-developed chips, China Mobile ranked first in the supply of IoT cards in the first half of 2022, and gradually developed into the only enterprise in the industry with self-controlled core competence of "self-developed SIM chip+self-developed SIM operating system+independent production".
OneMO module
In this conference, OneMO displayed a total of 16 modular products of NB-IoT/4G/5G, which can be widely used in many fields such as energy meter, financial payment, asset tracking, intelligent security, smart industry, medical health, smart agriculture and so on. At present, the annual shipment of OneMO modules exceeds 10 million pieces, the cumulative shipment exceeds 70 million pieces, and the cumulative number of service customers exceeds 5,000.
OneMO 5G module completes the full coverage of mainstream chip platforms, supports 5G NSA and SA modes, and supports 700MHz frequency band. It is worth mentioning that OneMO’s latest MF309/MF310 series modules have the characteristics of high cost performance, cloud network integration, rich interfaces and multi-slicing, which have attracted wide attention from industry partners and engineers.
The China Mobile IOT site also displayed the OneBox 5G industrial gateway, intercom, 5G enterprise gateway, intelligent gas meter solution board for the Internet of Things, and a series of innovative practices and industrial applications in the field of the Internet of Things, such as the small Rubik’s cube, manhole cover change sensor, door magnetic sensor, water immersion sensor, human infrared sensor and geomagnetic sensor of eco-manufacturers. China Mobile IoT accelerates the penetration and popularization of "connectivity+computing power+capability" services, unites ecological partners, empowers advanced perception, car networking and industrial Internet industries, builds a solid foundation of "digital intelligence infrastructure" and empowers the "digital intelligence scene" to prosper.
(Source: China Youth Network)
Reporting/feedback

Crazy by her new drama, her face value and her acting skills!

Although the epidemic has brought the Hollywood film industry to a standstill.

However, we still have ways to consume and entertain.

For example, a while ago, there was a play in Hollywood that was popular all over the world.

That is, from NetflixThe Queen’s Gambit》。 Rotten tomatoes are 100% media fresh.

IMDb 8.8 points

So is watercress.9.1 pointsThe high score is definitely the most watched American TV series in the near future.

This "Abandoning Soldiers in the Rear Wing" also ignited the enthusiasm of the whole network.

Countless viewers stayed up all night for it, and they were so excited that they couldn’t sleep all night.

Even the writer Stephen King couldn’t help calling it crazy, calling it "Own best of the year”。

One of the reasons why the drama can achieve such high reputation and attention is that it also benefits fromAnya Taylor-JoeyA perfect interpretation of Beth Harmon.

"Abandoning Soldiers in the Rear Wing" tells the story of how Beth played the blame and upgraded all the way in the male-dominated chess field, and finally became the "queen" of chess.

As far as the narrative mode is concerned, this is a very typical drama.

Beth, the hostess, who lost her mother since childhood and grew up in an orphanage, is a talented girl who is indifferent, alienated and inarticulate.

She has a very talented side and a very fragile side.

Anya grasped the complexity of this role, and made her remarkable and highly hierarchical.

A pair of big sparkling eyes, as smart as a deer, make people unforgettable.

With all kinds of micro-expressions and small gestures, she explained the progress and transformation that this talented chess player experienced from girl to queen.

Being teased by her first love, she seed of love, with spring in her eyes, looks a little shy and expecting.

Diamond cut diamond, who is slightly better, will stare at each other, her mouth slightly rising, with a little pride and a little schadenfreude.

After winning the peak, she calmly took a seat on the street, crossed her hands and looked directly at her opponent, exuding the queen’s aura of the world.

If Anya doesn’t exist, I believe this drama will be greatly discounted.

In addition to "Abandoning Soldiers in the Rear Wing", Anya participated in "New mutant"also appeared in the audience’s field of vision recently.

Although the film has been fixed for five times, repeated remakes and re-editing, it is still difficult to hide its decline after its release, and both word-of-mouth and box office have fallen on the street, disappointing the audience.

It can be said that it is a proper bad film.

Even so, Anya’s appearance still gave me a little courage to watch this movie to some extent. She also contributed a rare point of view, but also a very few highlights of the film.

In the film, illyana rasputine, the "secret guest" she plays, looks equally elegant and beautiful, and her aura is bursting.

The secret guest is a magic user. She can not only make magic armor and a soul blade, but also use the border of hell as a transit point to realize space jump. Although the plot of New Mutant is perfunctory, Anya still has its charm with her handsome modeling and neat movements.

Since her debut in 2014, Anya has become the fastest "super star" in Hollywood in just six years.

Before that, she had proved her strength with many films.

So, today, let’s talk about Anya.

On April 16th, 1996, Anya was born in Miami, Florida, USA. She is the youngest of six children in her family. She is a mixed-race child of Scotland, Argentina, Britain, South Africa and Spain, and has the nationality of the United States, Britain and Argentina.

Anya’s mother is a photographer and interior designer; Anya’s father is a yacht racer.

When she was a child, she moved around with her parents, first from the United States to Argentina, and then from Argentina to the United Kingdom.

After settling in London at the age of 6, Anya first entered Hillhouse International Preparatory School, and then entered Queen’s Gate School, an aristocratic school.

Anya is not happy here. She was bullied for her poor English and strange appearance (wide eye distance).I am often locked in a locker, kicked out of the classroom, not invited to participate in activities, always hiding in the toilet and crying, which is very unpleasant.. "

Students often mock her and say that she "As ugly as a fish”。

These bullying actions made Anya fall into a deep inferiority complex.

Although her looks are not valued by people around her, Anya has buried an actress dream in her heart.

As the oldest in the family, Anya has always been the most favored one.

Since childhood, she has been keen on acting and likes to stand on high places to attract everyone’s attention.

Excellent family genes gave her a doll-like face and a supermodel figure of 1.73 meters.

At the age of 17, Anya walked her dog on the streets of London in her mother’s high heels at night in order to adapt to the party the next day.

During this period, she happened to meet Sarah Dokas, a famous talent scout.

Dokas is the founder of Storm Model Agency, and has excavated many supermodels such as Kate Moss and cara delevingne.

After being excavated by Dokas, Anya signed a contract and started her modeling career.

Although Anya made her debut as a model, in her heart, she always put the actor at the top of her career planning. "Although I like those beautiful clothes very much, the model didn’t give me a sense of accomplishment and happiness. I am eager to be an actor. It has always been."

So, not long after that, she crossed the border into the film and television circle and began to look for opportunities through auditions.

The first movie Anya auditioned for was Disney’s Sleeping Curse.

She signed up for an audition to challenge the younger version of Mephiser, and the audition ended in failure.

The young version of Mephiser was finally played by Isobelle Molloy.

To this end, Anya was sad for a long time, and the tears could not stop flowing.

However, after this failure, she also grew a lot. She made up her mind in her heart that she would never cry again because she was rejected for the audition.

Since 2014, Anya has successively participated in some film and television works.

First, he participated in the horror comedy Vampire Academy: Bloodthirsty Sisters (the scene was deleted from the feature film), and then he played a small role as a walk-on in the second season of the crime drama Detective Moss.

Fortunately, such a walk-on career did not last long.

The following year, Anya met The Witch, which made her famous.

The Witch is a suspense horror film.

This small-budget movie, based on the famous witch hunt in Salem, tells a creepy story.

The heroine played by Anya Taylor-Joy, after experiencing a series of mysterious events, finally kills her mother, talks with the black goat and prays for exchanging souls with the darkness …

With frightened eyes like small animals, she created one frightened scene after another in the film, and grasped the role’s panic, firmness and inferiority just right.

With this role, Anya made a blockbuster and won the annual breakthrough actress award in the 26th Gotham Independent Film Awards and the best new actress award in the 22nd British Imperial Film Awards, which made more people see her strength as an actress and successfully got the "admission ticket" in Hollywood.

After that, many plays extended olive branches to her.

Most of them are thriller and horror types.

Although the type is a little single, Anya didn’t refuse-

In Morgan, she plays the strange creature "Morgan" whose DNA is synthesized.

In The Secret of Marou’s House, she plays Ali, an orphan with a horrible secret.

In "thoroughbred animals", she plays the shrewd girl Lily.

Although Anya has appeared in many horror films, I’m afraid the most familiar one is Split.

In "Split", she and James McAvoy, who plays Kevin, compete on the same stage, but they don’t fall in the wind.

Kathy, the heroine she plays, is a withdrawn, smart and observant girl. In the face of Kevin with schizophrenia, Kathy fought with him and finally saved herself successfully.

After "Split", director M Knight Shamalan prepared a sequel "Mr. Glass", which blended classic characters from his previous works into this film.

 In "Mr. Glass", Anya made persistent efforts to cooperate with powerful coffee makers such as samuel jackson and Bruce Willis.

In less than four years, Anya has successively taken over nearly ten horror and thriller movies, and has been praised as a "horror professional" by The Hollywood Reporter.

However, becoming the "screaming queen" in the field of horror movies is not the real purpose of Anya’s involvement in the film and television industry.

So, in order to expand her career, Anya has tried many kinds of film and television works in the past two years.

For example, a gangster-themed crime film like Peaky Blinders (Season 5); Or, a romantic comedy adapted from literature like Emma.

This year alone, Anya presented three starring works: Emma’s New Mutant and Abandoning Soldiers in the Rear Wing.

Among them, Emma, especially adapted from Jane Austen’s novel of the same name, is the most refreshing.

Emma is the screen debut of director autumn de Wilder.

Emma, played by Anya, is a smart and beautiful rich girl.

Pretentious as she is, she always likes to act as a matchmaker, misfits, in a detached manner.

However, in the process of matchmaking for the girl Harriet, she fell in love with Mr. Knightley, a gentleman much older than her …

As the heroine, Anya perfectly balances the meanness and the finals, the abomination and the cuteness of the character with her smart big eyes, and plays this heroine who has many personality shortcomings but does not lose her charm.

Through this film, Anya successfully transformed and showed her powerful driving ability.

It can be said that Anya can handle it with ease, whether it’s a horror movie, a romance movie or a big female drama like Abandoning Soldiers in the Rear Wing.

Many media have said that Anya is likely to be a strong contender for the best actress in next year’s Emmy Award with her outstanding performance in Abandoning Soldiers in the Rear Wing.

Next, she will continue to exert her strength and bring more works-

It is reported that just last month, director george miller just announced that Anya will play the leading role in the rumored film Crazy Max: Freosa, replacing Oscar-winning Charlize Theron as the younger version of Freosa.

After the film comes out, Anya will undoubtedly go further towards the first-line movie star.

At the age of 24, she is not only a rising star in Hollywood, but also one of the most potential newcomers in Hollywood.

We have reason to believe that the road ahead of her will be smoother and wider.

Some foreign media have predicted that it is only a matter of time before Anya Taylor-Joy wins an Oscar statuette …

Well, let’s wait and see!

Water Quality of Municipal Centralized Drinking Water in Beijing (second quarter of 2024)

  In order to implement People’s Republic of China (PRC) Environmental Protection Law and People’s Republic of China (PRC) Water Pollution Prevention Law, and improve the public’s right to know about the quality information of domestic drinking water, the city will publish the water quality status of Beijing municipal centralized domestic drinking water (drinking water source, factory water of waterworks and urban peripheral water) every quarter from 2016.

  I. Monitoring situation

  (1) Monitoring points

  1. Drinking water sources

  In the second quarter of 2024, the city monitored five municipal centralized drinking water sources, including two surface water sources (Miyun Reservoir and South-to-North Water Transfer Project) and three groundwater sources (Haidian garden village, Chaoyang Huajiadi and Mihuaishun).

  2. Water from waterworks

  In the second quarter of 2024, the water quality of 19 urban waterworks was monitored.

  3. Urban peripheral water

  In the second quarter of 2024, 140 urban peripheral water monitoring points were set up for municipal centralized drinking water.

  (2) Monitoring items

  1. Drinking water sources

  For surface water sources, the basic items in Table 1 (23 items except chemical oxygen demand), supplementary items in Table 2 (5 items) and optimized specific items in Table 3 (33 items) in the Environmental Quality Standard for Surface Water (GB 3838-2002) are tested every month, with a total of 61 indicators, and all 109 indicators are tested once a year.

  Groundwater sources are tested for 39 conventional indicators in the Groundwater Quality Standard (GB/T 14848-2017) every month, and all 93 indicators are tested once a year.

  2. Water from waterworks

  In the monitoring project, according to the requirements of Hygienic Standard for Drinking Water (GB 5749-2022), 43 routine indicators are tested for the effluent water of various waterworks every month, all 97 indicators are tested for the effluent water of surface waterworks every six months, and all 97 indicators are tested for the effluent water of underground waterworks every year to ensure the water quality safety.

  3. Urban peripheral water

  According to the requirements of Hygienic Standard for Drinking Water (GB 5749-2022), the monitoring project carries out routine index detection on the monitoring water samples of urban peripheral water.

  (3) Evaluation criteria and methods

  1. Drinking water sources

  According to Environmental Quality Standard for Surface Water (GB 3838-2002), the surface water source was evaluated by single factor evaluation method. When each index meets the requirements of the corresponding standards, the water quality is considered qualified.

  According to the Groundwater Quality Standard (GB/T 14848-2017), the groundwater source is evaluated by single factor evaluation method. When each index meets the requirements of the corresponding standards, the water quality is considered qualified.

  2. Water from waterworks

  According to Hygienic Standard for Drinking Water (GB 5749-2022), the effluent water of waterworks was evaluated by single factor evaluation method. When each index meets the requirements of the corresponding standards, it is considered that the effluent quality of the water plant is qualified.

  3. Urban peripheral water

  The urban peripheral water is evaluated according to the Hygienic Standard for Drinking Water (GB 5749-2022), and the unqualified indicators are given health tips according to the degree of harm to human health.

  Second, the evaluation results

  (A) the quality of drinking water sources

  In the second quarter of 2024, the water quality of 2 surface water sources and 3 groundwater sources all reached the standard, with a compliance rate of 100.0%.

  (2) Water quality of waterworks

  In the second quarter of 2024, the water quality of 19 waterworks was all qualified, and the compliance rate was 100.0%.

  (3) The quality of the terminal water

  In the second quarter of 2024, 374 water samples were detected in 140 municipal centralized drinking water city peripheral water quality monitoring points, and the qualified rate was 100.0%.

  See Table 1- Table 3 for the evaluation results.

  attached table

Table 1 Water quality of municipal centralized drinking water sources in Beijing in the second quarter of 2024

Water quality of centralized drinking water sources in Beijing in the second quarter of 2024

Table 2 Water quality of Beijing urban waterworks in the second quarter of 2024

Water quality of Beijing urban waterworks in the second quarter of 2024

Table 3 Water quality status of municipal centralized drinking water in Beijing in the second quarter of 2024

Water quality status of Beijing municipal centralized drinking water cities in the second quarter of 2024

Global military spending has maintained growth for the eighth consecutive year-the world security situation is even more severe.

  "No more wars! No more wars! No more wars! " A few days ago, thousands of anti-war activists in the United States held a rally in front of the Lincoln Memorial in Washington, DC, shouting in unison. Protesters demanded that the United States stop inciting the Russian-Ukrainian conflict, promote peace talks between the two sides, dissolve the North Atlantic Treaty Organization (NATO), and cut US military spending. The picture shows a protester holding a slogan to attend a rally in front of the Lincoln Memorial.

  Xinhua News Agency reporter Liu Jieshe

  Recently, the Stockholm International Peace Research Institute (SIPRI) in Sweden released a statistical report on global military expenditure data in 2022. According to the report, in terms of actual purchasing power, global military spending maintained growth for the eighth consecutive year in 2022, an increase of 3.7% over 2021, and the total expenditure reached 2.24 trillion US dollars.

  "The continuous growth of global military expenditure in recent years shows that we live in an increasingly unsafe world." Tian Nan, a senior researcher at SIPRI, pointed out that in order to cope with the deteriorating security environment, many countries in the world are strengthening their military strength, and this situation is not expected to improve in a short time.

  Global military spending growth has entered an accelerated period.

  SIPRI report shows that in 2022, the actual US military expenditure reached 877 billion US dollars, accounting for 39% of the total global military expenditure. Europe’s military expenditure reached US$ 480 billion, up 13% year-on-year, which was the largest increase in the world, surpassing the level at the end of the Cold War in 1989 for the first time.

  In 2023, from America to Europe and Asia, many countries accelerated the growth of military expenditure. According to public data, in fiscal year 2023, the US defense budget reached US$ 857.9 billion, an increase of nearly 14% compared with US$ 753 billion in 2022. The British defense budget is 50 billion pounds, an increase of 17%; The French defense budget is $48.7 billion, an increase of 7.4% over 2022; Japan’s annual defense budget has increased to about 6.8 trillion yen, which is 1.26 times of the original budget in 2022; India’s defense budget has risen to 5.94 trillion rupees, 13% higher than the previous preliminary estimate & hellip; …

  With the global military spending increasing year after year, the military trade market has also warmed up. According to the "Top 100 Global Defense Companies in 2022" published by the US National Defense News Network, the ranking of world military enterprises in 2022 shows that the total defense income of the top 100 companies on the list is 595 billion US dollars, an increase of 44 billion US dollars over 2021, with an annual growth rate of nearly 8%. In terms of geographical distribution, a total of 46 companies in the United States were shortlisted in the list of the top 100 global military enterprises, and defense revenue accounted for 53% of the total list. Eight companies in the UK, five companies in France and three companies in Germany were shortlisted.

  The Associated Press reported that scranton Army Ammunition Factory, located in Pennsylvania, USA, is working overtime to produce 155mm caliber howitzers, and is also investing in new production lines. The Financial Times reported that US Deputy Secretary of the Army Gaby Camarri Lowe said in March this year that the Army is spending about 1.5 billion US dollars to increase ammunition production; By 2028, the production capacity of 155 mm artillery shells in the United States will increase from 14,000 rounds per month before the outbreak of the Russian-Ukrainian conflict to more than 85,000 rounds per month. "Nihon Keizai Shimbun" reported that after the Cold War, Germany has been reducing the number of tanks, and now it has begun to increase production again.

  Zou Zhibo, deputy director of the Institute of World Economics and Politics of the Chinese Academy of Social Sciences and director of the National Global Strategic Think Tank, told this reporter that the global military spending growth has entered an accelerated period, and more and more countries have participated in the wave of military purchases. With the support of sufficient military expenditure, countries with relatively backward military strength have greatly increased their demand for advanced weapons, while countries with strong military strength have increased their research and development of advanced weapons and equipment, and have continuously put advanced weapons into use and foreign trade.

  Insecurity is everywhere.

  "The global military spending has increased year after year, reflecting some new changes in the global security situation." Guo Xiaobing, director of the Arms Control Research Center of the China Institute of Contemporary International Relations, pointed out in an interview with this reporter that the world is not peaceful: First, the trend of accelerated camp is more obvious. Stimulated by the conflict between Russia and Ukraine, NATO regained its vitality and adopted a series of measures to rally. At the same time, the United States is also striving to transform the hub-and-spoke alliance system in the Indo-Pacific region into a network-based alliance system, trying to create "India is too small for NATO"; Second, the confrontational side in the relations between major powers is more obvious. The conflict between Russia and Ukraine is essentially a confrontation and indirect confrontation between Russia and NATO system; Third, there has been a major shift in Japan’s defense policy. At the end of last year, three security policy documents, including the National Security Strategy, were launched, which greatly increased military spending and developed non-nuclear strategic offensive forces such as missiles. This means that Japan will essentially break through the principle of "defending exclusively" and may once again awaken the ghost of the source of the "Great East Asian War".

  In February this year, the Munich Security Report 2023, released before the 59th Munich Security Conference, emphasized that the world has entered a crucial decade of international order adjustment. According to the Munich Safety Index released at the same time, the world has entered a new stage where insecurity is everywhere.

  The United States still maintains the position of the first place in military expenditure with absolute advantage. Zou Zhibo pointed out that behind the scale of military expenditure and military strength is the support of national scientific and technological level and economic strength. The huge military expenditure of the United States shows that the United States still has great advantages in strength. At present, in order to maintain its global hegemony, although the economy is facing the risk of recession, the US military expenditure continues to set a new record. This also exposes the side of the United States that ignores the economy and people’s livelihood and is militaristic.

  "In 2022, Europe became the region with the largest increase in global military spending, mainly due to the overall escalation of the Ukrainian crisis." Zou Zhibo analyzed that "India, Saudi Arabia, South Korea and Japan’s entry into the top 10 military expenditures is related to seeking the status of a big country and occupying a favorable strategic position in the new geographical pattern."

  "The growth of global military spending has entered an accelerated period, which is closely related to the new changes in the current international security situation." Zou Zhibo believes that, first, the country represented by the United States has entered a period of strategic adventure, and in order to maintain its hegemonic position, it will not hesitate to provoke confrontation among major powers; Second, the game between big countries is unprecedentedly fierce, and the contest between old and new forces is developing in the direction of competition and confrontation; Third, the fierce confrontation between big countries has seriously impacted the regional and even global security situation, and the insecurity of relevant countries and regions has risen sharply, making it an inevitable choice to strengthen arms construction.

  Complex, changeable and turbulent special period

  Zou Zhibo pointed out that global arms control and competition are two sides of the same body, which is the "pointer" to the state of world peace and security. When the world is in a relatively peaceful period, arms control has become the mainstream, which is the reason why international arms control has made rapid and significant progress after the end of the Cold War in the 1990s. In recent years, the international security situation has entered a downward state, global military spending has increased rapidly, and the arms race has intensified.

  "At present, global military spending has entered a period of acceleration, especially the sustained and rapid growth of military spending by big countries, which may lead to an arms race among big countries and even the risk of war among big countries. In addition, the increasing global military expenditure will inevitably further increase the burden on countries, making the weak recovery of the world economy ‘ Make matters worse ’ 。” Zou Zhibo said. On May 2, the International Monetary Fund issued a report saying that 2023 will be a challenging year for the global economy. Due to the tightening of monetary policy and the continued pressure on economic activities caused by the conflict between Russia and Ukraine, global economic growth will slow down. The New York Times said that the Russian-Ukrainian military conflict is undermining the economic growth in Europe, sowing the seeds of anxiety, and putting European government resources under greater pressure than the United States and other countries and regions.

  "Global military spending has maintained growth for eight consecutive years and will continue to grow in the future. This reflects the grim situation that the global arms race is escalating, the strategic competition and confrontation of big countries continue to heat up, and the global security situation is more complicated and tense. " Zou Zhibo said: at present, the world is facing a great change that has never happened in a century, and the international security situation has entered a special period of complexity, changeability and turbulence.

  "In recent years, while resolutely defending its core interests, China has made extensive efforts to persuade peace and promote talks, put forward global security initiatives, promoted reconciliation between Saudi Arabia and Iran, and worked hard to turn storms into gentle winds and drizzles, and turned division and confrontation into harmony and symbiosis, making its own unique contribution to safeguarding world peace and stability." Guo Xiaobing said.

  April 21st this year marks the first anniversary of the global security initiative put forward by the Supreme Leader. Wang Wenbin, spokesman of China’s Ministry of Foreign Affairs, said that China is the initiator of the Global Security Initiative, and it is also the activist to implement this major initiative. China adheres to the common, comprehensive, cooperative and sustainable security concept, and has carried out in-depth exchanges of security concepts and policies with all parties to promote the common security. China is willing to work with all parties to uphold the concept of security community, adhere to true multilateralism, work together to meet various traditional and non-traditional security challenges, and jointly promote the lofty cause of peaceful development of mankind.

Developing Emerging Industries and Strengthening Digital Economy in Zhoukou, Henan Province

  Economic Daily-China Economic Net News (Reporter Xia Xianqing correspondent Han Zhigang) promoted the cooperation between Jingdong Logistics and JD.COM (Zhoukou) Commercial Service Technology Center at full speed. Huawei settled in Henan’s first industrial Internet application operation center, and joined hands with Inspur Group to build Yunhui Sanchuan Shayingyun Operation Center Project & HELIP; … Since 2020, Zhoukou City, Henan Province has actively explored the layout of emerging industries, vigorously attracted investment, strengthened factor protection, promoted the rapid development of digital economy, and accelerated industrial transformation and upgrading.

  Digital Industrial Park located in Zhoukou High-tech Zone is an important platform for local information construction and development of digital economy. In order to expand the digital industrial park, the local government has issued a series of policies to provide protection for enterprises in terms of rent subsidies, entrepreneurial support, tax incentives, and scientific and technological funding. At the same time, Zhoukou aims at well-known digital enterprises to attract investment, and strives to introduce enterprises with strong strength, good growth and high scientific and technological level to settle in the park, forming an industrial agglomeration effect. Well-known enterprises such as Huawei and Inspur have successively signed contracts to settle in Zhoukou Digital Industrial Park.

  Not long ago, Henan Ruite Electric installed Changjietong ERP system with the help of Zhoukou Operation Center of Huawei Industrial Internet Application, which not only effectively solved the financial and management problems, but also played a role in reducing costs and increasing efficiency. Like Ruite Electric, Huawei Industrial Internet Application Zhoukou Operation Center has cooperated with about 20 Zhoukou enterprises to intelligently transform traditional industries by using big data and intelligent technologies.

  The live e-commerce industrial base located in Zhoukou Digital Industrial Park has a construction area of nearly 12,000 square meters, covering e-commerce live broadcast, planning and operation, short video production, supply chain YEATION and other functional sectors. The e-commerce platform for poverty alleviation in Zhoushang, Zheng Ou Ban Lie and some local live broadcast companies have settled in.

  It is reported that after the completion of Zhoukou Digital Industrial Park, it can accommodate more than 100 enterprises of various types and provide 2,000 employment opportunities. Li Zongxi, secretary of the Chuanhui District Party Committee of Zhoukou City, said that the next step will be to actively introduce high-quality projects from outside, nurture development momentum, and make every effort to build a new generation of information technology industry innovation leading zone, a real economy digital transformation experimental zone, and a high-end information technology talent gathering zone to promote the regional digital economy. Accelerate development.

"Octagonal Cage" appeared in the China Watch Award, and Wang Baoqiang and Chen Yongsheng attended.


1905 movie network news On May 23rd, the 18th and 19th China Film Awards Ceremony was held in Beijing. Filmmakers gathered together to attend the film festival. The film director and lead actor, lead actor and lead actor make a joint appearance.


In the promotion of the new film, Wang Baoqiang also told the story of himself and The Octagonal Cage, and said that the story in the film also inspired him. "The film The Octagonal Cage, directed and performed by me, is about ordinary people looking for a way out and working hard. On July 6 th, it was released nationwide. Thank you for your support. "


As the second film directed by Wang Baoqiang, "In the Octagonal Cage" incorporates the director Wang Baoqiang’s thoughts and feelings about life. With a temperature lens, the film shows the tenacity and strength of ordinary people and conveys positive spiritual strength to the audience through the story of an ordinary person leading a group of children to break through the encirclement of fate and find a way out of life.


In the film, Wang Baoqiang plays a coach who has become a child’s reliance like a big tree — — Xiang Tenghui’s role is complex and multifaceted, which is very different from the role that Wang Baoqiang created in the past. Chen Yongsheng plays the careless boy who is a bit rebellious but tenacious. The trivial daily life of "loving and killing each other" with Xiang Tenghui in the film is also a highlight of the film.


Newcomer actress Zhang Yiyun plays the children’s sister in the film. She is a seemingly small but tenacious role in the film, which gives children psychological support in a poor life.


Let the world fall in love with China beauty, and the second "Guangzhou International Beauty Week" is about to open.

On December 10th, the Information Office of Guangzhou Municipal Government held the second press conference of Guangzhou International Beauty Week (the 38th in 2024). According to the press conference, the main venue of this year’s Beauty Week is located in Baiyun District, and the sub-venues are located in six districts of Yuexiu, Haizhu, Tianhe, Huangpu, Huadu and Conghua, adding two new sub-venues. This year’s beauty week is heavier and more international, presenting four highlights.
1 main venue +6 sub-venues: two sub-venues were added.
It is reported that the second "Guangzhou International Beauty Week" will be held from December 17th to 21st this year. This year’s Beauty Week is co-sponsored by Guangdong Drug Administration and Guangzhou Municipal People’s Government, and the Municipal Market Supervision Bureau and relevant district governments jointly act as the organizing unit of the event. The theme of this year’s Beauty Week is "The Beauty Spot World in Jumeiwan District", and the slogan of the event is "Let the World Fall in Love with China Beauty". The main venue of the event is located in Baiyun District, and the sub-venues are in Yuexiu District, Haizhu District, Tianhe District, Huangpu District, Huadu District and Conghua District. Among them, Yuexiu and Tianhe are the newly added sub-venues.
"We held’ Guangzhou International Beauty Week’ as an important measure for Guangzhou to build the world’s’ beauty capital’, build an international consumption center city and accelerate the high-quality development of the cosmetics industry." Wanzhong, deputy director of Guangzhou Municipal Market Supervision Bureau, said that as the largest city in China’s cosmetics industry, Guangzhou has been anchored in the pursuit of "the vanguard, the leader and the locomotive" in recent years, unswervingly promoting the industry first and the establishment of the manufacturing industry, and fully promoting the cosmetics industry to achieve standard upgrading, product quality improvement and brand efficiency improvement, which has created a broad stage for the development of global cosmetics enterprises and professional institutions in Guangzhou. Last November, during the first "Guangzhou International Beauty Week", 649 enterprises from 16 countries and regions around the world gathered together, which boosted investment by 720 million yuan, achieved sales or reached initial purchase intention by 760 million yuan, and achieved both social and economic benefits.
Highlight 1: The weight is heavier, creating a grand ceremony for innovation and development.
"Compared with the last beauty week, this beauty week is heavier and more international." Wanzhong said that it will make every effort to make this event a grand ceremony for the innovation and development of the beauty industry. On the opening day of the event, an international cosmetic industry development conference will be held in Baiyun International Hall. The event will be attended by leaders of higher-level drug regulatory authorities and relevant government departments of provinces and cities, and experts, academicians, entrepreneurs and representatives of business associations at home and abroad will be invited to participate, so as to build a communication platform for Industry-University-Research and discuss the high-quality development plan of cosmetics in Guangzhou. Some leaders of provincial drug supervision departments, leaders of market supervision departments of Greater Bay Area brother cities and some officials of consulates in Guangzhou will also attend the meeting.
At the meeting, the drug regulatory authorities at higher levels will issue a new policy for the supervision of the cosmetics industry, and the Municipal Market Supervision Bureau will issue the "2024 Guangzhou Cosmetic Industry Development Report" to deeply analyze the development status, comparative advantages and future path of the cosmetics industry in Guangzhou. The report is also accompanied by a collection of cases of cosmetic head enterprises in the city, so that all sectors of society can fully appreciate the gorgeous style of Guangzhou beauty industry. "During the event, we will also organize the whole chain exchange activities such as R&D, design and sales of the beauty industry, and hold consultation activities such as intellectual property rights to help cosmetics companies’ going out to sea, and play the chorus of the cosmetics industry." People said.
Highlight 2: Internationalization is more beautiful to create an international cooperation event.
"We will do our best to make this event a grand event of international cooperation in the beauty industry." Wanzhong introduced that in the early stage, it was deeply linked with CBE Shanghai Beauty Expo and Hong Kong Asia-Pacific Beauty Exhibition to promote this year’s Beauty Week and further enhance its overseas influence. Introduce the exhibition giant Inman Group as a partner, and rely on the global exhibition layout of Inman Group to extend to Europe, America, Japan and South Korea.
Seize the opportunity of the 60th anniversary of the establishment of diplomatic relations between China and France, deepen cooperation with the French cosmetics industry, and attract high-end cosmetics industry resources. Invite international cosmetics leaders such as Procter & Gamble, L ‘Oré al and Unilever, as well as international organizations with well-known influence in the industry such as French Cosmetic Valley European Hot Springs Association. "We will also organize important guests and international buyers to visit the R&D centers and factories of key cosmetics enterprises in Guangzhou to further deepen the cooperation between Chinese and foreign cosmetics industries." People said.
Highlight 3: Communication and docking are more prosperous, creating a business docking event
"We will do our best to make this event a grand event for businesses in the beauty industry." Wanzhong said that at present, there are 1841 licensed cosmetics production enterprises in the city, accounting for 56% of the province and 31% of the country; The number of cosmetics registered and filed exceeds 1 million, accounting for 71% of the whole province and 58% of the whole country. The output value of the cosmetics industry in the city exceeded 100 billion, ranking first in the country. The city has formed many cosmetic industry clusters with outstanding advantages, such as Baiyun Meiwan, Huangpu Meigu in the South, Huadu Meidu in China, and Conghua Meigu in the Bay Area. These clusters have not only gathered a large number of excellent cosmetic manufacturers, but also attracted many well-known brands and R&D institutions at home and abroad to settle in and jointly built a complete and efficient industrial chain.
To this end, the event vigorously promoted the industrial Internet to empower offline entities and the consumer Internet to empower online brands, strengthened the docking with head beauty e-commerce companies, live e-commerce platforms and MCN institutions, and carefully planned a series of activities. In particular, we helped domestic beauty products sail out to sea, organized and planned international buyers’ matchmaking meeting, China Beauty Products Going Out to Sea New Era Conference and other activities, and built a communication bridge between local enterprises and overseas. Insist on stimulating the potential of beauty consumption, and promote beauty promotion activities in core business districts such as Beijing Road and Tianhe Road. Insist on expanding effective investment and promote potential international projects to settle in Guangzhou.
Highlight 4: Urban brands are more prominent, creating a feast of cultural display.
"We will do our best to make this event a feast for the cultural display of the beauty industry." Wanzhong said that the organizers pay attention to Guangzhou International Beauty Week as a part of the industrial brand system and city image strategy, vigorously promote the integration of cultural and business travel, and present the deep integration of Guangfu culture and beauty cosmetics from different aspects in combination with the characteristics of major business districts, and convey beauty cosmetics to the public as urban characteristics, urban vision and urban culture, so as to enhance the public’s recognition and cognition of the city and beauty industry. Strive for a breakthrough in the creation of cultural atmosphere, take Baiyun New Town as the basic point, and comprehensively set off the atmosphere of Beauty Week around the main venue.
During the event, the organizers also organized exhibitions such as beauty hair style and national style make-up to show the famous brands and cutting-edge strength of Guangzhou beauty, and let the citizens know about China beauty products, perceive China beauty enterprises and understand China beauty culture.
"We sincerely welcome domestic and foreign enterprises, professionals and consumers to actively participate in the second Guangzhou International Beauty Week. We sincerely hope that every enterprise participating in the Beauty Week will have a full harvest and every citizen friend participating in the Beauty Week will enjoy it! Let the world fall in love with China beauty. " People said.
Text/Guangzhou Daily Xinhua City Reporter: He Yingsi, Tang Nan, Tan WeitingFigure/Guangzhou Daily Xinhua City Reporter: Yan WangVideo/Guangzhou Daily Xinhua City Reporter: Yan WangGuangzhou Daily Xinhua City Editor: Zhang Yingwu
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What do you think of the changes in the real estate industry when two former 100 billion housing enterprises withdrew from the market?

  BEIJING, Beijing, August 10 (Zhongxin Finance reporter Zuo Yukun) In the recent real estate market, the delisting of several well-known housing companies in the past is embarrassing.

  On August 4th, ST Sunshine City announced that the company received the "Decision on the Termination of the Listing of Sunshine City Group Co., Ltd." issued by Shenzhen Stock Exchange, and the company was decided to terminate the listing; On August 3, ST Taihe announced that the company’s stock has been decided by Shenzhen Stock Exchange to terminate its listing and will be delisted on August 4, 2023.

  A-shares have been ups and downs for several years, and the journey of real estate giants who once dominated the country in the capital market has temporarily come to an end, but the road ahead is far from the end.

  Two Fujian-based housing enterprises were forced to withdraw from the market.

  "Taihe’s products have won high recognition from customers, but Taihe’s stock has not been recognized by the capital market." In May, Huang Qisen, chairman of Taihe Group, said this when he visited Xiamen Yard and Tingxi Yard in Xiamen.

  It is reported that from May 8, 2023 to June 2, 2023, the daily closing price of Taihe Group’s share price was lower than that of 1 yuan for 20 consecutive trading days, which touched the relevant provisions of the Stock Listing Rules (Revised in 2023) of Shenzhen Stock Exchange. According to the relevant regulations, the stock of Taihe Group was directly terminated from listing and did not enter the delisting period.

  In 2010, Taihe became the only listed real estate enterprise in China by "backdoor" Fujian Agriculture, Countryside and Farmers. From the region to the whole country, Taihe has many high-light moments with sales exceeding 100 billion. At the peak of 2018, Taihe’s share price once surpassed 21 yuan/share, but this year, the delisting price of 0.43 yuan/share has dropped by 98% compared with the historical high.

  2018年对于阳光城来说,同样也是值得纪念的一年。身为闽系房企曾经的“领头羊”,自2002年在深交所上市后,阳光城的销售额在2018年突破千亿并愈战愈勇,在2020年冲破2000亿元的门槛,先后布局全国逾100座城市,综合实力曾位列中国地产20强。

  但它也在今年转动了和泰禾相似的命运齿轮。阳光城集团股份有限公司股票在2023年5月15日至2023年6月9日期间,连续二十个交易日的每日收盘价均低于1元,被终止上市。

  阳光城创始人林腾蛟一向看重人才,将人力资源视为第一战略,更是舍得在人才上花钱。这也让阳光城一度以高薪酬著称,有报道称其曾以人均40万元的年薪居地产圈之最。

  在2021年公司出现流动性问题后,林腾蛟积极奔走自救,阳光城更是上至高管、下至一线员工全部降薪。但同舟共济并未能带领企业走出困境,退市锤音落下,阳光城的斜晖引来不少股民感慨“世界500强,恍如昨日”。

  "Defence War" under the Crisis

  In 2020, the introduction of the "three red lines" forced real estate to deleverage, completely rewritten the industry rules, officially declared the end of the industry’s mode of relying on high leverage, high debt and high turnover to achieve high growth, and also changed the fate of many blindly expanding housing enterprises.

  "At present, judging from the reasons for the delisting of real estate enterprises, most of them have negative net profit and revenue of less than 100 million yuan, and the closing price for 20 consecutive trading days is lower than the face value of the stock. In other words, most of the delisting of housing enterprises can be attributed to the continuous large losses caused by poor management. Therefore, many housing enterprises will face ‘ Unable to issue or issue a negative audit opinion ’ 。” Zhang Bo, dean of 58 Anjuke Research Institute, said.

  In the competition of the capital market, although the par value is lower than that of 1 yuan, it almost means that one foot has entered the rhythm of delisting, but there are still many people who are struggling to save themselves.

  For example, the share price of Jinke Co., Ltd. hit a record low of 0.77 yuan/share in May this year, and its face value is lower than that of 1 yuan, so the delisting situation is in jeopardy. It then used "delaying tactics" such as increasing its holdings, capital injection and acquisition plan to operate, and its share price was restored to above 1 yuan/share.

  At the same time, it has caught up with the timely introduction of various real estate adjustment policies, and Jinke Co., Ltd. "turned over" has become the rising leader of real estate stocks in the secondary market. At present, the share price has risen above 2 yuan/share, and the crisis of delisting at par value has basically been lifted.

  A number of Hong Kong-listed housing enterprises also ushered in a turning point. In the first half of the year, Kaisa Group, Jing Rui Holdings and Sunac China, listed real estate companies in Hong Kong stocks, successfully resumed trading. Although the stock price has not stabilized after the resumption of trading, the financing channels in the capital market are temporarily saved.

  However, there are only a few listed companies that can get rid of the crisis from the edge of delisting. According to the statistics of the Central Finger Research Institute, two housing enterprises have been delisted in the first half of the year, eight housing enterprises have been delisted, and many housing enterprises are facing the risk of delisting. In the second half of the year, there is a greater probability that listed housing enterprises will delist.

  How to treat the industry change

  Liu Shui, director of enterprise research at the China Central Finger Research Institute, believes that on the one hand, the delisting of stocks will reduce the valuation of the company’s value, damage the interests of shareholders, affect investors’ confidence, limit financing channels, damage the brand, affect project sales, and have an adverse impact on debt restructuring and risk clearing; On the other hand, the delisting of many real estate enterprises has a great impact on debt restructuring, building security and boosting industry confidence.

  But what needs to be clear is that delisting itself also belongs to the normal operation of the capital market. Bank of China Securities said that enterprises facing delisting risk are still individual phenomena, and the market value accounts for only 2% of the total market value of 115 real estate A-share companies, which has relatively limited impact on the sector and should be treated rationally. Strengthening the delisting system will help to ensure the reasonable supply of the stock market, enhance investors’ risk awareness and accelerate the clearing of the industry.

  The delisting mechanism is not cruel, but it is also one of the manifestations of the survival of the fittest in the competition for the real estate industry. Even if the resumption of trading is successful, the industry only regards it as the first step out of the risk, and returning the company to normal operation is the good medicine to restore investor confidence. Soochow securities Research Report pointed out that a new era of the industry has arrived, and all the housing enterprises that can pass through this round of industry contraction will usher in a new pattern of obviously optimized competitive environment.

  Since the end of 2022, bank credit support, bond financing assistance and equity financing of financial policies have been loosened, and high-quality housing enterprises have enjoyed more support. At the same time, the distance between high-quality housing enterprises and dangerous housing enterprises has further widened. "In the past two years, the pattern of the real estate industry has been changing constantly, and the differentiation between housing enterprises has become more and more obvious." Soochow securities said.

  According to the monitoring of the Central Finger Research Institute, under the period of deep market adjustment, the differentiation of different types of enterprises has intensified, the market share of central state-owned enterprises has increased compared with last year, and new power housing enterprises are also rising. One is diversified industrial enterprises focusing on developing existing real estate business, and the other is local small and medium-sized real estate enterprises, which focus on the market where the enterprises are located and cooperate with large housing enterprises to develop projects.

  The new pattern has begun, and where the new development model is, it still needs to be explored by all housing enterprises. (End)

The spy photos of M8 tail continue the classic design of M9, which looks a bit like an ideal from a distance. It is expected to be listed at the beginning of the year.



Home of the car

Home of the car

The latest exposed spy photos of the rear of the car show that the M8 continues the style of the M9 taillight, but the details are obviously different. First of all, the tail light is a horizontal through light, and the brake light is also a horizontal style. The light curtain area with variable style is reserved, which is consistent with M9. The overall focus on spatial performance, and even the design is very close to the ideal model.

Home of the car

The previously exposed front face shows that the headlights of the new car are designed in one piece, the intelligent light curtain of the headlight group+penetrating LED daytime running lights, and there are air inlets on both sides of the headlights. At the same time, it can be seen that the roof of the new car is equipped with laser radar.

Home of the car

Home of the car

Referring to the previous interior spy photos, the new car adopts a triple screen design similar to that of the asking world M9, but it obviously looks narrower than the screen height of the asking world M9, and the lower wireless charging panel area is also different from that of the asking world M9. It can be seen that the new car is equipped with a head-up display and Huawei’s exclusive audio, and the overall configuration level is not inferior to that of the M9. The new car will still use two power systems: extended range and pure electric. (Text/car home Qin Chao)