As an important development direction of people’s livelihood service in China, the "one-card" social security card service for residents has become a basic indicator to measure people’s livelihood level, and it is an indispensable service for most urban and rural residents. In recent years, many places are exploring the establishment of a "one card" service management model based on social security cards. How much do you know about social security cards? What functions will you use it?

　　A multi-functional card

　　At the beginning of 2022, Liu Huiling, a resident of Zhenjiang City, Jiangsu Province, who went through the retirement formalities, received the first pension, but unlike during her employment, the money was received from the social security card. "In the past, I used to use my social security card to see a doctor and buy medicine. Now I even withdraw my pension from my social security card. The third-generation social security card in my hand has so many functions that I can also take buses and visit parks in Nanjing and Yangzhou." Liu Huiling said.

　　The first social security card in China was issued in 1999, and the medical insurance function was the first to be activated. Most residents began to know the social security card from consultation and drug purchase. Today, the list of "one card" applications of social security cards in China has reached 160 items, covering human resources and social security, medical treatment and medicine purchase, government services, subsidies for benefiting people and farmers, transportation, cultural tourism, old-age services, services for the disabled, grants and other application fields. It can be said that the continuous expansion of social security card functions has increased the depth of serving people’s livelihood to a certain extent.

　　The reporter learned from Ministry of Human Resources and Social Security that at present, 95 applications in the field of human society have generally opened cards, and people can enjoy services quickly by swiping physical cards or electronic cards, such as young people registering for insurance and enjoying employment services; Middle-aged people participate in vocational training and handle the transfer of social security relations; The elderly can do treatment qualification certification and social security rights inquiry online and offline.

　　Zhao Jiaqiang, the country’s chief career instructor who provides employment guidance in the public service hall of Dongcheng District, Beijing, told reporters: "Young people often come to consult employment problems. In fact, many of them can apply directly on the electronic social security card in their mobile phones, such as employment registration, unemployment registration, employment introduction, employment support policy application, employment assistance application, etc."

　　Social security card not only extends many new functions, but also the most basic medical insurance service is very different from the past. The reporter learned that the physical social security card has fully supported the purchase of medicines for medical treatment in various places, the settlement of work-related injury medical expenses, and the direct settlement of medical treatment in different provinces. By the end of 2021, 138 cities in 16 provinces have realized electronic social security cards for medical treatment and drug purchase. Recently, the "General-to-General" channel between Ministry of Human Resources and Social Security and the National Medical Insurance Bureau was officially opened, which supported the parallel use of electronic social security cards and medical insurance electronic certificate in the field of medical treatment and drug purchase.

　　A card to improve people’s livelihood

　　It is the direction of people’s livelihood security work to explore the establishment of a "one-card" service for residents with social security cards as the carrier and take the lead in realizing "treatment in the same city" in transportation, tourism and cultural experience. By the end of 2021, the number of social security card holders in China has reached 1.352 billion, with a penetration rate of 95.7%, including 138 million third-generation social security card holders. Many people’s livelihood benefits have been implemented through the carrier of social security card.

　　In terms of benefiting people and farmers, at present, some cities in 31 provinces distribute subsidies for benefiting people and farmers through social security card bank accounts. Sichuan is the first province in China to fully realize the distribution of "one card" funds. All kinds of financial subsidies for benefiting the people and farmers are uniformly distributed through the bank account of social security card, so as to effectively supervise the whole process of people’s livelihood funds and prevent corruption such as false reporting, interception and misappropriation, and eating and taking cards.

　　In terms of transportation, some cities in 19 provinces, including Shanxi, Jilin, Zhejiang, Jiangsu, Anhui, Guangdong and Hainan, have realized taking urban public transportation with social security cards.

　　In terms of cultural tourism, some cities in 20 provinces such as Zhejiang, Jiangsu, Anhui, Henan, Hainan, Sichuan, Guangdong, Tianjin and Chongqing have access to libraries, museums, parks and scenic spots with social security cards.

　　In terms of supporting the elderly, social security cards are widely used in various places to load services for the elderly, such as pension collection, pension insurance qualification certification, and aging-appropriate services. For example, in Xiamen, Fujian, the function of identifying social security cards is added to the pre-screening and triage gates of medical institutions. When the elderly pass through the gates with social security cards, the system will automatically read the social security card identity information and upload it to the Minzhengtong information system. After the system obtains the health code information of the insured, it can automatically complete the inspection work, which solves the problem that the elderly are scrambling to find their mobile phones and read the health codes before going to the hospital.

　　In addition, social security cards in Ningxia, Qinghai, Shandong, Hainan, Jiangxi and other places have also been loaded with services for the disabled, and some cities in Jiangxi, Shandong, Hainan, Chongqing, Xizang and other places have paid employees’ salaries and handled provident funds through social security card bank accounts.

　　A smart and convenient card

　　On April 22, 2018, the Ministry of Human Resources and Social Security issued the first national unified electronic social security card at the first Digital China Construction Achievement Exhibition in Fuzhou. Since then, social security cards have been continuously opened online and offline, and more service ecosystems are gradually taking shape. At present, the number of recipients of electronic social security cards exceeds 500 million, and the population penetration rate is 35.4%. Electronic social security card services can be obtained through more than 400 channels such as apps and small programs. In 2021, 11.251 billion online services were provided. Song Jingyan, deputy director of the Information Center of the Ministry of Human Resources and Social Security, said that electronic social security cards and physical social security cards have one-to-one correspondence, the same status and the same functions. They are two forms of social security cards, which bring cardholders convenient services that can be freely selected online and offline.

　　How to apply for an electronic social security card? At present, in many places, the application for physical social security cards is "first-class", and the application for electronic social security cards is "synchronous". People who have applied for physical social security cards can apply for electronic social security cards on their mobile phones.

　　What functions have been added to the electronic social security card? It is understood that the electronic social security card has opened 62 national services, involving employment and entrepreneurship, social insurance, personnel, labor relations, social security card services, etc., and more than 1,000 local services have been opened in various provinces and cities. Among them, "Employment Online", which is frequently used, is a "flagship store" that gathers all kinds of human resources service institutions, realizes the gathering, sharing and publishing of recruitment and job-seeking information, and supports cross-regional and cross-level recruitment and job-seeking services. At present, there are 202 human resources service organizations in China, which have released 16.35 million job information, registered 16.72 million users, and visited 91.96 million times, with 8.11 million effective jobs at present.

　　All localities have their own brilliant ideas in promoting the intelligent use of electronic social security cards. In Jiangmen, Guangdong, citizens can quickly log in to the social security card self-service machine to handle social services such as annual pension review, social security balance inquiry, social security payment inquiry and voucher printing through the electronic social security card. Xinyu, Jiangxi is connected to the national social security card service platform. Through the QR code of the electronic social security card, people can pay for shopping at Shangchao and realize the mobile payment of the electronic social security card, which provides a brand-new, safe and convenient service mode for residents’ daily consumption.

Daily medical broadcast

Editor | American Stock Research Society

The American Stock Research Institute launched the column "Daily Medical Broadcast" to provide you with the latest medical information and practical knowledge, and comprehensively interpret the trends of medical and health investment, financing and mergers and acquisitions.

Johnson & Johnson may put talcum powder debt in the new business of filing for bankruptcy.

Johnson & Johnson Company (new york Stock Exchange code: JNJ) According to a report from Reuters, the company is exploring a plan to transfer its debts in baby powder lawsuit to a newly established enterprise and then seek bankruptcy protection.

According to the report, Johnson & Johnson has not yet decided whether to actually implement the bankruptcy plan. It is unclear whether the company has hired a restructuring lawyer to help explore the bankruptcy plan.

The company faces legal proceedings by tens of thousands of plaintiffs, accusing its baby powder and other talc products of containing asbestos and causing cancer.

According to recent reports, FDA has begun to investigate why benzene, a carcinogen, was found in some samples of J&J Neutrogena and Aveeno brand sunscreens.

Moderna became the headline news of weekly health care winners; FibroGen and Biogen trails

Healthcare stocks in the Standard & Poor’s 500 Index rose after falling for three consecutive days, and closed down only about 0.2% this week, which was better than the decline of about 1.0% in the Standard & Poor’s 500 Index.

Moderna (Nasdaq: mRNA) rose about 23.0% this week, easily surpassing the market value of $100B due to the prospect of gaining a place in the Standard & Poor’s 500 Index.

From the record initial public offering in 2018 to the listing of some of the largest companies in the United States next week, the leader in COVID-19 vaccine development took less than three years.

Although Moderna led the gains in large-cap stocks, the nano-stock health technology company SCWorx (NASDAQ: WORX) rose by about 59.9%, setting a weekly best performance.

At the same time, FibroGen (NASDAQ: FGEN) lost about 45.8% because it failed to get the approval of the expert group appointed by FDA for the treatment of kidney diseases.

Micro-stock companies are dominated by Ayala Pharma (NASDAQ: AYLA), with a growth rate of about 45.4%, while IMV (NASDAQ: IMV) lags behind. The loss of 36.1% was driven by a capital increase of $ 25M, which ended this week.

Ada Gene (NASDAQ: ADAG), as a recent component of the FTSE Russell Index, rose about 31.3% this week, leading the small healthcare stocks. The clinical biotechnology company, which went public in February, announced a $20 million share repurchase plan last week.

The improvement of guidance in 2021 pushed InMode (Nasdaq: INMD) to lead the mid-cap stocks by about 10.0%. At the same time, Glaucus (new york Stock Exchange code: GKOS) dropped by about 25.5% after CMS proposed the reimbursement rate this week, indicating that the company’s products were greatly reduced.

10x Genomics (NASDAQ: TXG) dropped by about 10.1%, which was the biggest drop among large-scale peers, while Biogen (NASDAQ: BIIB) saw its share price drop by about 9.3% for fear that patients would accept the company’s newly approved treatment for Alzheimer’s disease.

Obtained the highest target price on Wall Street from a Wall Street analyst, Danaher (new york Stock Exchange code: DHR) ignored the guidance of smaller competitor Qiagen to cut back (new york Stock Exchange code: QGEN) and surpassed the big players with a weekly profit of about 2.6%.

Inevitably, Abbott Laboratories (new york Stock Exchange: ABT) fell behind by about 1.9%. However, the author of Seeking Alpha and Wall Street analysts agree that the company has a bright future.

Piper Sandler: Teleflex and Itamar sell off "too harshly"

On Thursday, Teleflex (new york Stock Exchange code: TFX) and Itamar Medical (Nasdaq: ITMR) announced the newly published reimbursement rates of the American Medical Insurance and Medicaid Service Center (CMS), indicating that the reimbursement rates of the company’s products have dropped significantly.

Today, after Piper Sandler analyst Matt O’Brien defended the two companies, Teleflex has recovered from losses for four consecutive trading days.

The interest rate cut is "eye-catching", but similar to the procedures of competitors, analysts believe that the overweight rating of stocks should be maintained.

O’Brien urged investors to take advantage of the weakness, saying that the selling was "too harsh" on the potential impact.

Layoffs may have a considerable impact on Teleflex’s Urolift and have a serious impact on doctors’ profitability. However, analysts added that the impact on Teleflex’s revenue and growth rate was only moderate.

At the same time, according to O ‘Brien, Itamar’s WatchPAT can remain profitable even at low interest rates, and the company points out that even if there are any cuts, the impact will be minimal.

After Glaucus (new york Stock Exchange code: GKOS) sold sharply on Wednesday, CMS proposed to reduce the reimbursement rate, and the company also recovered.

The FDA approved Belumosudil to treat graft-versus-host disease, and Kadmon traded at a higher price.

The share price of Kadmon Holdings (KDMN+18.0%) rose because the FDA granted Rezurock (Belumosudil) the marketing license of oral therapeutic drugs for chronic graft-versus-host disease (cGVHD).

According to the FDA website, Rezurock 200mg tablets have been approved. Belumosudil (KD025) is a selective inhibitor of Rho-related coiled helix kinase 2 (ROCK2), which has been given priority review by FDA for cGVHD.

In March this year, the company announced that the regulator had extended the review period of the therapy and set the date of FDA action as August 30.

Kadmon said that the purpose of extending the review period is to evaluate the additional information submitted by the company in response to the FDA’s request.

Regeneron spent $1.8 billion to expand its business in new york.

Governor Andrew Cuomo announced that Regeneron Pharmaceutical Company will invest $1.8 billion in the next six years to expand the park in Tarrytown, New York.

The expanded scope includes research, preclinical manufacturing and support facilities.

It is estimated that about 1000 new jobs will be created.

If Regeneron meets the recruitment target, the company will receive a tax credit of up to $100 million.

Update of REGENXBIO and Abeona on Arbitration of Licensing Disputes

Due to the dispute between RGNX +2.5% and Abeona Therapeutics, the arbitration tribunal has awarded 28 million US dollars in damages and about 6.1 million US dollars in interest (ABEO -2.2%) through the license agreement.

REGENXBIO said in a regulatory document today that if Abeona does not comply with the ruling, "the company expects to take appropriate measures to implement the ruling". It added that the exact time and amount of recovery were uncertain.

On May 2, 2020, the agreement was terminated because Abeona failed to pay $8 million, and the additional fee of $20 million payable by Abeona in November 2020 was paid within 15 months of the termination date.

However, in May 2020, Abeona filed a claim with arbitration, accusing REGENXBIO of violating some terms of the license agreement. Subsequently, in a counterclaim, REGENXBIO sought unpaid fees and interest totaling $28 million.

At the same time, Abeona said that before the arbitration decision, the two companies reached a settlement agreement, which, according to the company, "replaced the decision of the arbitral tribunal".

"Abeona intends to seek to implement the settlement agreement," the company pointed out in today’s 8-K document.

As Nasdaq trading began, Stevenato’s share price fell.

The stock of Steven ATO Group SPA ("STVN") got off to a bad start on the first day of trading on Nasdaq.

As of 1242p EDT, the share price fell by 15% to $17.85.

Last night, Stevanato, who is engaged in drug delivery products and diagnostic services, priced its initial public offering of 32 million shares at $21 per share.

Donovan Jones, who seeks Alpha author IPO Edge, is optimistic about Stevanto, pointing out that the company is growing rapidly, generating profits and having free cash flow.

Bristol-Myers Squibb settled the Spycel patent case with Reddy and Lupin.

According to Bloomberg News, Bristol-Myers Squibb reached a settlement with generic drug manufacturers Dr. Reddy and Lupin on the patent lawsuit of leukemia drug Sprycel (dasatinib).

Details of the settlement have not yet been announced.

Lupin’s settlement was submitted on Wednesday, but it has not been approved, and Dr. Reddy’s settlement was approved yesterday. Both cases were tried in a federal court in Trenton, New Jersey.

Bristol accused the two companies of infringing three of their patents by proposing Sprycel generic drugs.

Sprycel’s sales in 2020 will be about $1.3 billion.

Atosa fell for the second consecutive trading day after a sharp rise this year.

Atossa Therapeutics (ATOS -15.1%) is expected to lose money continuously today after losing more than one tenth on Thursday.

So far this year, the value of the stock has increased more than five times, which enabled the company to gain a place in the Russell 2000 and Russell 3000 indexes on June 28th.

This clinical biopharmaceutical company focuses on cancer treatment and infectious diseases, including COVID-19.

Last week, Atossa announced that Australian regulators had approved the start of a clinical study of AT-H201, which is the inhaled COVID-19 therapy developed by the company.

At the same time, a group of researchers led by Steven Quay, CEO of the company, published a study that emphasized the need to investigate the origin of COVID-19.

In the preprint, the team of scientists and data analysts concluded that the survey should assume that laboratory infections or research-related accidents are as likely to be the origin of the virus as pathogens jumping out of animals.

Tilray and other Canadian operators performed poorly due to the uncertainty of legalization of federal marijuana.

Senators said this week that the bill to legalize marijuana at the federal level proposed by Senate Majority Leader Chuck Schumer did not have enough votes to pass.

As the Cannabis Management and Opportunity Act faces an uphill battle to become law, the shares of multi-state operators and their Canadian competitors have sold off.

However, Canadian cannabis dramas such as Tilray (TLRY -2.1% ), HEXO Company (HEXO -3.3%), Aurora Cannabis (ACB -2.3%) and sundial growers (SNDL +0.6%) performed worse in the past five days.

Meanwhile, David Klein (CGC -1.8%), CEO of Canopy Growth, said in an interview with Yahoo Finance that the draft legislation was "very positive".

"For me, the bill may just represent the beginning or a new beginning of the legislative road to complete it," Klein said, adding that he hoped to see the gradual progress of federal reform.

In April, Bank of America cited the potential legalization of federal marijuana as the reason for its buy rating of Tilray and Canopy Growth.

China SXT Pharmaceuticals and Trinity Biotechnology lead the health care unit; FibroGen and Neptune health solutions among the main losers

Friday, July 16th

Winners: China SXT Pharmaceutical (NASDAQ: SXT TC)+37%, Sany Biotechnology (NASDAQ: TRIB) +11%, Modena (NASDAQ: mRNA) +9%, Aptevo Therapy (NASDAQ: APVO) +9%, Apollo Medical (NASDAQ: AMEH)+4.

Losers: FibroGen (NASDAQ: FGEN) -45%, Neptune Health Solutions (NASDAQ: NEPT) -20%, Atosa Therapy (NASDAQ: ATOS) -16%, Raven Pharmaceutical (NASDAQ: CRVS) -8%, alzas Mende Nerve (NASDAQ: ALZn).

Moderna jumped to a record high after being included in the Standard & Poor’s 500 Index.

After the Standard & Poor’s 500 Index announced on July 21st that the company would be included in the Standard & Poor’s 500 Index, the share price of Moderna (MRNA+9.7%) has reached its highest level since its initial public offering in 2018.

Moderna’s valuation has more than tripled in the past 12 months, because its COVID-19 vaccine has joined the global efforts to fight the pandemic under the authorization of global regulators.

In 2021, the company expects to provide 800 million to 1B doses of vaccine, and the goal in 2022 is to provide 3B doses.

Although competitors appeared in the COVID-19 vaccine competition, Moderna has increased by about 148.6% so far this year. As the chart shows, the sharp rise in the stock price coincides with the rise in Wall Street’s bearish rating on the stock.

At the same time, the authors of Seeking Alpha and Wall Street analysts agree with their neutral rating on the vaccine manufacturer.

FibroGen was affected by the downgrade, and Danaher gave the highest goal of Wall Street-the analyst action on July 16th.

After FDA’s setback to Roxadustat, FibroGen Court downgraded the rating.

Fiber Gene (NASDAQ: FGEN) lost about 35.7% before the drug went on the market because it was not approved by the FDA expert group to treat anemia caused by chronic kidney disease (CKD).

This setback triggered several downgrades on Wall Street.

Bank of America analysts headed by Jason Gerberry believe that this therapy has no way out in the US market. Analysts downgraded the stock from buy to neutral because the drug jointly developed by the company and AstraZeneca has no US royalty. The target price is lowered from $43.00 to $29.00 per share, which means a premium of about 16.7%.

Meanwhile, Annabel Samimy, an analyst at Stifel, lowered her holding advice from buy and lowered her target per share from $55.00 to $29.00.

At the end of last month, FibroGen received a positive evaluation from the European Medicines Agency (EMA) and was used to treat anemia caused by CKD with Roxadustat.

Zoetis lowered Raymond James’ valuation.

Noting that the company’s share price has risen by 30% since the beginning of March, Raymond James downgraded Zoetis (new york Stock Exchange code: ZTS) from outperforming the market to market performance.

As the largest participant in the animal health industry, Shuo Teng is the representative of industry sentiment and valuation, the analyst wrote. "Our downgrade was carried out before the more uncertain and possibly slowing growth after the pandemic."

Earlier this week, despite the changes in the rating of the animal health sub-industry, Guggenheim kept the buy rating of Shuoteng unchanged.

Oppenheimer is bullish on Nkarta

Nkarta (Nasdaq: NKTX) has an advertisement DED? 6.7%, after Oppenheimer started to cover the overweight rating in early trading. The target price of $75.00 per share means a premium of about 150.2%.

Analysts note that natural killer (NK) cell therapy has potential compared with currently available T cell therapy, and he points out that Nkarta is the only listed biotechnology company focusing on new technologies.

The company saw the purchase opportunity before the first human data of NKX101 acute myeloid leukemia (AML). Nkarta said in May that the preliminary clinical data of the ongoing NKX101 trial is expected to be released before the end of 2021.

Cryoport is BTIG’s new acquisition of the prospect of cell and gene therapy.

BTIG analyst David Larsen initiated a report on Cryoport (Nasdaq: CYRX) with a buy rating. The analyst pointed out that the company has the potential to benefit from the estimated annual growth rate of more than 30% in the field of cell and gene therapy in the next decade.

The target price of $80.00 per share indicates a premium of about 48.7%. According to Larsen, with "a series of shippers" and the technology to track their journey, the company has the ability to provide ultra-cold supply chain logistics for cell and gene therapy products.

In June, Cryoport fell from Russell Micro Capital Index.

Danaher wins Benchmark’s highest street goal

Benchmark analyst Robert wasserman estimates that Danaher’s street price target of $330.00 per share (new york Stock Exchange code: DHR) means a premium of about 17.5%. The analyst cited the downwind brought by large acquisitions and the demand for products related to Covid.

Wasserman wrote that the company should benefit from its $21 billion acquisition of GE’s biopharmaceutical business, and pointed out that the company’s $1 billion expenditure was aimed at expanding the production capacity of some of its health-related businesses, thus bringing growth opportunities.

Wasserman also expects Danaher’s acquisition of Aldevron to be completed next year. In June, the company agreed to pay $ 9.6B for the acquisition of privately held Aldevron.

Needham saw the buying opportunity of cardiovascular system.

Cardiovascular system (NASDAQ: CSII) This figure dropped to a two-month low after the CMS doctor’s fee schedule proposed a 22% reduction in peripheral atherosclerosis resection.

In response, Needham quoted the buying opportunity of the company’s stock. He wrote: "Even if there is a reduction, we don’t think it will have much impact on CSII (if any)."

Mike mattson, an analyst, expects to be opposed by the medical association during the public consultation period. He thinks that the final rules expected later this year may be different from the proposal.

Needham gave Cardiovascular Systems a buy rating with a target price of $50.00 per share, which means a premium of about 38.9%. Wall Street has bought six times, held four times and sold zero, and is optimistic about the stock as a whole.

Unless otherwise specified, all stock price movements are based on the market closing price.

Bristol-Myers Squibb’s Opdivo combination failed to achieve the main goal of advanced cancer trials.

Bristol-Myers Squibb (new york Stock Exchange code: BMY) announced that its late trial of Opdivo, a heavy anticancer drug, failed to meet the needs of patients with recurrent or metastatic head and neck squamous cell carcinoma (SCCHN) as the main end point of first-line treatment.

The company said that among the patients whose tumor expressed PD-L1 and whose comprehensive positive score (CPS) CPS) ≥ 20, the combination of Opdivo and Yervoy showed an obvious and positive overall survival (OS) trend, but pointed out that the study did not meet its main end point.

The safety of combined drugs in this trial is consistent with the previously reported solid tumor research.

"We are disappointed that these results are not statistically significant, and we are still committed to promoting research and supporting patients with this refractory cancer," said Abderrahim Oukessou, vice president and development leader of Bristol-Myers Squibb chest cancer.

The company will complete a comprehensive evaluation of the data and cooperate with investigators to share the results.

The stock price fell nearly 1% before the market.

TScan Therapeutics, a cancer biotechnology, priced 6.7 million IPO shares at $15.

TScan Therapeutics (TCRX) has priced its IPO of about 6.7 million common shares at $15.00/share, with a total revenue of $100 million.

The company initially applied to issue 6.25 million shares at a price of $ 15-17.

The transaction began on July 16th.

The underwriter’s over-allotment is an extra 1 million shares.

The deadline is July 20th.

TScan is a biopharmaceutical company, focusing on developing T cell receptor engineering T cell therapy (TCR-T) for cancer patients.

TSC-100 and TSC-101, the company’s main liquid tumor TCR-T therapy candidates, are being developed to treat patients with hematological malignancies in order to eliminate residual leukemia and prevent recurrence after hematopoietic stem cell transplantation.

TCRX is also developing multiple TCR-T candidate therapies for the treatment of various solid tumors.

The company plans to submit an IND application for TSC-100 and TSC-101 to the FDA in the fourth quarter of 2021.

Donovan Jones, a contributor seeking Alpha, discussed in depth and said, "TCRX is still in the pre-clinical development stage, so IPO may be more suitable for long-term institutional investors; I will observe the IPO on the sidelines. "

Erasca, a precision oncology company, expanded its IPO to 19 million shares and priced it at $16.

Elasca (NASDAQ: ERAS) has priced its IPO of 18.75 million ordinary shares at $16.00 per share, with an expected total income of $300 million.

The company initially applied to issue 17.5 million shares at a price of $ 14-16.

The transaction began on July 16th.

The underwriter’s over-allotment is about 2.8 million extra shares.

The deadline is July 20th.

Erasca is a clinical precision cancer company, focusing on the discovery, development and commercialization of treatment methods for cancer patients driven by RAS/MAPK pathway.

The main candidate products of the company are ERAS-007 (oral ERK1/2 inhibitor) and ERAS-601 (oral SHP2 inhibitor), which together constitute the first MAPKlamp.

ERAS-007 has been evaluated as a single drug in phase I clinical trials of patients with advanced solid tumors. In the fourth quarter of 2020, ERAS launched FLASH HP-1, which is a phase I clinical trial of ERAS-601 in patients with advanced solid tumors. The following is an overview of the company’s drug development pipeline.

Donovan Jones, a contributor seeking Alpha, conducted an in-depth study on IPO and said, "ERAS showed early hope in preclinical research, but the pricing of IPO is much higher than the typical range of biopharmaceutical companies at IPO, so I will observe it from the sidelines."

Original link: https://seekingalpha.com/premium-news/healthcare

This article was first published on WeChat WeChat official account: American Stock Research Society. The content of the article belongs to the author’s personal opinion and does not represent Hexun.com’s position. Investors should operate accordingly, at their own risk.

　 　1905 movie network news The romantic blockbuster directed by John Woo was officially released in the Mainland on December 2nd. Based on the sinking of the Taiping wheel in the history of China, this film tells three love stories of three couples. Shipwreck? Love? Many people will think of the film directed by James Cameron that touched millions of people at the first time. In fact, the Taiping Wheel was once called "Titanic of China". There are many similarities between these two films: they are both based on the real shipwreck in history, with love stories as the core, and they both spend a lot of money to restore the shipwreck scene at that time with scenery and special effects, and one third of the special effects of Taiping Wheel were completed by the original special effects team of Titanic.

　 　 However, John Woo believes that his films and Cameron’s works are two very different films. The latter takes place almost entirely on ships, but the former is not. Its time and space span is broader, emphasizing the fate of characters under the background of war. And according to him, the ending of this movie is more optimistic than Titanic. What the truth is, I think the audience will have their own minds after watching the film. But before watching the film, you can follow us to learn something that won’t be told on the screen: how did John Woo conceive his love story? What kind of disaster is the sinking of the real Taiping wheel? How is the grand disaster scene created?

David and Zhang Ziyi.

The action movie guide of "Violence Aesthetics": Love seems not to be John Woo’s domain.

　 　　Cameron is famous for his sci-fi action movies:, series, all sci-fi movies, and "Card God" rarely touches simple love stories. So is John Woo. For many years, he has been labeled as "action film director" and "violence aesthetics". Whether he became famous in the 1990s, or he marched into Hollywood’s FACE/OFF, until his last work, it was an out-and-out action blockbuster. However, the director had a wish to shoot a romantic film as early as after filming "The True Color of Heroes", but this wish has never been put into practice. Although the Taiping Wheel has a broad background and grand scenes, involving politics, home country and other issues, the center of the story is placed on love.

　 　　The film tells three love stories: one is the love between young people in Taiwan Province and Japanese girls, the other is the love between Kuomintang officers and Shanghai rich girls, and the other is the love between prostitutes and communication soldiers. They were adapted by Wu Yusen according to his own experience and stories, and there is no direct correspondence with historical figures. Different from the difference in wealth and status between the two protagonists in Titanic, these three love relationships can basically be called suitable couples. Wu Yusen has his own view of love. In his view, love means responsibility. Although he is not opposed to love at first sight, he believes that whether he can persist after love at first sight is the most important issue of love.

　 　　In fact, Titanic is a story of persistence. Although the love in this film starts with the love between Jack and Rose at first sight, its value lies in that Jack can make sacrifices for love after the collision, while Rose can carry on living with this love. Similarly, Taiping Wheel focuses on the power of love and the courage to survive. John Woo hopes to show the greatness of love in turbulent times. No matter what the times are, love will never change. He intends to leave hope for the audience at the end of the film: although things are chaotic and disasters are inevitable, the last survivors have the courage to live.

Song Hye Kyo and Huang Xiaoming.

Open the sense of space with three stories: tell three different kinds of love.

　 　　If the cross-class love of Titanic falls into the stereotype, then the love of Taiping Wheel is not so fresh, and its role setting always makes people feel deja vu. However, the connotations of the three love stories are different. Lei Yifang, a Kuomintang officer, and Zhou Yunfen, a rich lady, were played by Huang Xiaoming and Song Hye Kyo respectively. They met at a dance after War of Resistance against Japanese Aggression’s victory and got married soon. After the outbreak of the civil war, Lei Yifang once again set foot on the battlefield, leaving his new wife and children in his womb. Zhou Yunfen suddenly walked out of the carefree world and had to deal with the chaotic world and difficult life alone. Only then did she realize how important her husband’s love is. This is a story of cognition and growth. Thanks to the turmoil of the times, love is no longer superficial, but has become profound.

　 　　David and Zhang Ziyi, who play the role of messenger Tong Daqing and prostitute Yu Zhen respectively, live at the bottom of society. The former belongs to Lei Yifang’s troops and is optimistic and cheerful; The latter receives guests at night and takes care of the wounded during the day, and has a strong personality. However, the relationship between these two people is not strictly love, but more like a relationship of caring for each other. They came together just to survive, out of the need for each other. Yu really loved her first boyfriend. She didn’t know that her boyfriend had died the moment she boarded the Taiping wheel. She is a passive role, and she doesn’t have many choices, but she persists in living. It is love that keeps her going, even if it can’t be realized in the end.

Masami Nagasawa and Takeshi Kaneshiro.

　 　　Taiwan Province young man Yan Zekun and Japanese girl Masako are played by Takeshi Kaneshiro and Masami Nagasawa. Yan Zekun is a Japanese military doctor who was captured by Tong Daqing in the Sino-Japanese War. The love between him and Masako is pure love of mutual consent. Both of them are simple people, but the differences in nationality and culture and the opposition of Yan Zekun’s mother have greatly hindered their love. Like Yu Zhen, these two characters are also somewhat passive. Probably born in that era, it is difficult for anyone to hold their destiny firmly in their hands. All they can do is struggle. But the separation was inevitable. Yan Zekun got on the boat with a lot on his mind. He didn’t know that there was a huge disaster waiting for him.

The maple leaves in Yuelu Mountain are red all over the floor again.

Liuyang River continues its nine-bend waterway.

Inflow into Xiangjiang River and breed children of Huxiang.

The beautiful land and water continent is still full of vitality.

This is the environment in which we live.

But some people want to destroy it.

On June 5 this year, Changsha Intermediate People’s Court set up an environmental resources court to hear cases involving environmental resources protection according to law. Over the past year, under the guidance of the supreme leader’s ecological civilization thought, Changsha two-level courts have actively tried environmental resources to make the mountains greener, the water clearer, the sky bluer and the clouds whiter, and provided strong judicial guarantee for ecological security protection on the basis of the results of centralized trial and implementation of "Spring Thunder Action" in protecting "Mother River" and "Mother Lake". Fully safeguard the ecological environment safety and public environmental rights and interests in Liuyang River, Laodao River and Nanchuan River basins.

one

One kilogram of electric fish was sentenced to release 1600 fry.

The pictures in this article are all from the "Changsha Intermediate People’s Court" WeChat WeChat official account

Basic case: Since April 1, 2016, the Changsha Municipal People’s Government has banned fishing all the year round in the waters of Liuyang River from Xiangjiang River estuary to Dongtunduqiao. At about 21: 00 on June 13, 2018, Ye Moguo and Deng Mou were in the no-fishing area on the west side of Wanjiali Viaduct in Liuyang River, Furong District, Changsha City. Ye Jianguo used a battery electric shock fishing device for illegal fishing, and Deng Bo was responsible for using barreled fish. About an hour later, he was arrested by the police on the spot. Seizure of a set of electric shock fishing devices, a plastic bucket, two headlights and various illegally caught aquatic products.

Referee’s result: The court ruled that Ye Mouguo was guilty of illegal fishing of aquatic products, and sentenced him to 2 months’ criminal detention and suspended for 3 months. Ye Moguo and Deng Mou, the defendant in the incidental civil public interest litigation, shared the responsibility of repairing the fishery ecological environment and fishery resources, and put no less than 1,600 silver carp and bighead carp in their electric fish waters, weighing more than 80 kilograms, with 50% silver carp and bighead carp fry each, and publicly apologized in the news media at or above the municipal level.

2

In order to eat fish, father and son were both sentenced for fishing during the fishing ban.

Basic case: In order to have fun and improve food, Chen Mou Fu took his son Chen Mou Fang to the waters of Laodao River in Changsha for electric fishing. The two men drove to the waters of Laodao River with electric fishing tools brought from their hometown, and carried out illegal fishing during the fishing ban and fishing ban. Chen Mou Fushen’s back battery is responsible for electric fish, and Chen Mou Fang is carrying barreled fish to catch two kilograms of various aquatic products. The two were arrested by the public security organs after being reported by the masses.

Referee’s result: Defendant Chen Mou Fu committed the crime of illegal fishing of aquatic products and was sentenced to three months’ criminal detention and suspended for three months; Defendant Chen Mou Fang was convicted of illegal fishing of aquatic products and sentenced to two months’ criminal detention and suspended for two months.

three

A 60-year-old man who discharged nearly 300 times of zinc-containing wastewater was sentenced

Basic case: In August 2017, the defendant Sun Mouxian started to set up a galvanizing workshop in the rented demolition transition room, mainly engaged in punching processing of metal products and galvanizing in electroplating bath. On October 20, 2017, the Monitoring Brigade of Tianxin District Environmental Protection Bureau conducted an on-site inspection of the workshop, and found that Sun’s galvanized workshop did not go through any environmental assessment procedures and had no sewage treatment facilities. The raw materials used were mainly iron plates, zinc ingots and galvanized blue-white passivators, which were discharged. In this workshop, four vats of tap water are used to cool the galvanized sheet, and the wastewater is directly dumped in the courtyard, and flows into the drainage ditch and rainwater ditch together with domestic water and rainwater, and directly discharged to the vegetable field outside the wall without any treatment. After testing, the total zinc emission exceeds the national standard by 100-300 times.

Referee’s result: Defendant Sun Mouxian was sentenced to one year’s imprisonment and fined 10,000 yuan for environmental pollution.

four

The first case of environmental pollution caused by illegal disposal of hazardous waste was convicted.

Basic case: Defendants Cao Moumou, Zhang Moumou and Li Mou are the legal representative, deputy general manager of quality management and manager of quality management department of the pharmaceutical company of the defendant unit respectively. On the morning of February 7, 2018, due to the excessive accumulation of expired drugs and unqualified drugs in the unqualified warehouse, the pharmaceutical company needed to deal with them in time. After discussion and discussion, it was decided to transport the above-mentioned drugs to a construction site on the west side of Dongqi Road in Changsha County for direct incineration and burial. On the afternoon of the same day, Zhang Moumou and Li transported the drugs that needed to be treated by truck to the place designated by Cao for incineration, which was discovered by the staff of Changsha County Administrative Law Enforcement Bureau.

Referee’s result: The actions of the defendant’s pharmaceutical company, the defendants Cao Moumou, Zhang Moumou and Li Mou all constituted the crime of environmental pollution, and at the same time, it was found that the defendant’s pharmaceutical company was fined 60,000 yuan according to law, and the defendants Cao Moumou, Zhang Moumou and Li Mou were sentenced to fixed-term imprisonment ranging from one year to six months and fined.

five

The first case of criminal incidental civil environmental public interest litigation in the city

Basic case: At 19 o’clock on August 31, 2017, Xiong and Wang drove an electric fishing boat to fish with electricity in the waters from Caijiazhou to Hongjiazhou in Wangcheng District of Xiangjiang River. At about 22 o’clock that night, the police rushed to the scene to arrest Xiong and Wang. On the spot, the police seized an electric fishing boat used by Xiong and Wang, a Sanxiang AC synchronous generator, two electric fishing rods, two fishing nets, a plastic bucket for fish and 17.48 kilograms of aquatic products.

Referee’s result: Defendant Xiong violated the laws and regulations on the protection of aquatic resources, and together with Wang, he used the method of banning electric fish in the no-fishing area and during the no-fishing period. The circumstances were serious, and his behavior constituted the crime of illegal fishing of aquatic products. The defendant Xiong was convicted of illegal fishing of aquatic products and sentenced to one year’s imprisonment. The criminal judgment of Shanghai Pudong New Area People’s Court (2016) No.2825 at the beginning of sentence 0115 was revoked, and the defendant Xiong was suspended for three years for committing credit card fraud. The combination of two crimes decided to execute three years’ imprisonment; Confiscate criminal tools according to law; Defendant Xiong and defendant Wang shared the responsibility of destroying the fishery ecological environment and restoring fishery resources, and publicly apologized in the news media above the municipal level.

six

If you are lucky enough to traffic camphor, you will plead guilty and be punished for violating the criminal law.

Basic case: Since February 2018, Liu Moxiu has contacted Wen Mousheng and others, and agreed to purchase camphor trees with DBH of 15cm, 18cm and 20cm at the price of each plant in 120 yuan, 140 yuan and 160 yuan, and paid a deposit of 2,000 yuan to Wen Mousheng. In order to make illegal profits, it is also agreed to purchase "Cinnamomum camphora" by doping. At the beginning of March, Wen Mou-sheng dug 21 camphor trees in his own hilly land, and together with Wen Mou-bing, he bought 47 camphor trees at the price of each tree in 40 yuan, made them into "bald seedlings" without soil balls, and sold them to Liu Mou-xiu for 8,840 yuan. On March 12th, Liu Moxiu transported 68 camphor trees and 11 camphor trees purchased from other places to Shuangjiangkou Town, and was seized by Ningxiang Forest Public Security Bureau. Seven camphor trees were found to be the national second-class key protected plants, of which six were excavated by Wen Mousheng from his own mountain, and one was acquired by Wen Mousheng and Wen Mobing.

Referee’s result: Wen Mousheng, Wen Mobing and Liu Moxiu all violated the provisions of Article 344 of China’s Criminal Law, which respectively constituted the crime of illegally purchasing and selling state-protected plants and the crime of illegally purchasing and transporting state-protected plants. The court sentenced three people to criminal detention and fined them.

seven

Arbitrary discharge of sewage is punished

Basic case: The defendant Su Mou carried out illegal electroplating without obtaining environmental impact assessment documents, going through environmental protection-related examination and approval procedures and having no pollution prevention facilities. The generated wastewater is directly discharged into the sewer and seepage pit without any leakage-proof facilities. After testing, the discharged wastewater contains heavy metal toxic substances such as hexavalent chromium and zinc, which exceeds the national discharge standard of electroplating pollutants and causes serious pollution to the environment.

Referee’s result: After hearing the case, the court held that the defendant Su Mou violated the state regulations and discharged wastewater containing heavy metals and toxic substances, which seriously polluted the environment. He was sentenced to one year and six months’ imprisonment for environmental pollution and fined RMB 10,000.

eight

Illegal fishing of aquatic products was sentenced.

Basic case: On the evening of March 13th, 2018, Mao Mouyou and his son Mao Mobao illegally fished in conservation zone, a national aquatic germplasm with endemic fish in Liuyang River, from the sewage outlet of Daxi River in Mazhou Community of Dahu Town to Rubber Dam Hydropower Station. In four hours, Mao Mouyou and his son captured 10.85 kilograms of aquatic products such as grass carp and carp in the waters.

Referee’s result: After hearing the case, the court held that Mao Mouyou and Mao Moubao violated the laws and regulations on the protection of aquatic resources, and used prohibited methods to catch aquatic products in the no-fishing area and during the no-fishing period. The circumstances were serious, and their actions both violated the provisions of Article 340 of the Criminal Law of People’s Republic of China (PRC), which constituted the crime of illegal fishing of aquatic products. At first instance, Mao Mouyou was sentenced to six months’ imprisonment, and Mao Moubao was detained for four months and suspended for four months.

# Operation Spring Thunder #

Since 1950, the world population has nearly doubled. But since 1950, we have made more fundamental changes to our island, the earth, than in the past 200 thousand years. Mountains, rivers and energy are all decreasing rapidly. In order to give children a green mountain and clear water to grow up in, what we have to do is to unite as one and resolutely crack down on environmental pollution. This is not an individual behavior, but should be the goal of families, groups and even all mankind!

What matters is not what has disappeared, but what we have now. We still have half the world’s forests, thousands of rivers, lakes and glaciers, and thousands of biological species.

So, take action and protect your home by yourself!　

(The original title "Changsha court warned by case: those who destroy the ecological environment have to stop! 》）

Concept poster of Journey to the West: The Country of Daughters

1905 movie network news　The third part of the fantasy romantic comedy The Journey to the West series will be launched in November this year, and the schedule is scheduled in advance, and it is scheduled to play the Spring Festival file again and again at the beginning of 2018. A few days ago, the film released heavy news again, and Bo Huang, the powerful film winner, will also join "Girl Country" and transform for the first time, becoming one of the producers behind the scenes. It is understood that following the release of Monkey King Thrice Defeats the Skeleton Demon, two billion-dollar blockbuster movies, the The Journey to the West series has entered a mature stage, and it has become the leading Chinese film super IP. This time, "Girl Country" teamed up with Bo Huang, and the film has been absolutely eye-catching before it started, and its future market performance is also expected.

Bo Huang served as the producer of Journey to the West: The Country of Daughters behind the scenes of transformation.

　

Bo Huang is the first producer to lock the authentic Westward Journey series.

As a powerful film emperor with great box office appeal, Bo Huang, the producer of "Girl Country", attracted people’s attention. From 2006 to now, Bo Huang has appeared in many works that have won both word-of-mouth and box office, and has won numerous titles such as Golden Horse Award.

After ten years of success, the actor who focused on movies and roles turned his eyes behind the scenes. This time, as a co-producer of Girl Country, Bo Huang’s road to transformation seems to be traceable. During the Shanghai Film Festival in June this year, Bo Huang launched the "HB+U" new director assistance program, hoping to learn from the mature system of Hollywood film industry, select outstanding new directors for the whole society, and create excellent genre films. While pushing new people, Bo Huang also began to get involved in the development and production of film projects. Surprisingly, Bo Huang, who participated in the production of the film for the first time, did not choose the type of urban comedy he was good at, but turned his attention to the third film of the The Journey to the West series, Daughter Country. As we all know, the previous films, Make a scene in Heaven and Monkey King Thrice Defeats the Skeleton Demon, both closed at the box office of more than one billion yuan, and Bo Huang chose the third film of the same series as his first production, which was a unique insight.

Bo Huang is the producer of Journey to the West: The Country of Daughters, and the film will be launched in November.

"Girl Country" started in November, and the news climax continued.

The filmmaker recently announced that "Girl Country" will be officially launched in November this year, and the director is still Zheng Baorui. The director revealed that "Girl Country" will be based on the new production team. At present, most of the 2,400 crew members of "San Da" have started to return to the team and enter the preparations for the new film. The special effects team with an elite of more than 1,000 people from multinational industries is bound to further improve the production level of "Girl Country", of which only one special effect will cost tens of millions of dollars, which will set a new benchmark for Chinese special effects films after "Monkey King Thrice Defeats the Skeleton Demon".

At the same time, in terms of plot, the story of "Girl Country" will be richer in maintaining the essence of the original, and the plot will be more suspenseful and fresh. For the core plot that everyone is familiar with, there will be a new interpretation of the affection between Tang Priest and the king of the daughter country. At the first press conference on August 15th, William Feng and Xiao Shenyang announced that they would continue to star in "The Country of Daughters", and other starring roles would be announced one by one before the launch.

　

Poster of global auditions for thousands of people in the daughter country

At present, the live draft of "Next Stop, Girl Country" is in full swing, and sea elections will be held in Beijing, Shanghai, Guangzhou and Chengdu, and 1,000 "girl country nationals" will be selected for the movie "Girl Country" to create "the world’s most actress movies".

　　On June 30th, the 14th meeting of the Central Committee for Comprehensively Deepening Reform was held, which released an important signal of relying on reform to cope with changes and open up new opportunities.

　　At the end of the first half of 2020, it is of great significance to detail the new reform measures deployed at this meeting.

　　When building a well-off society in an all-round way and the 13th Five-Year Plan comes to an end, and the COVID-19 epidemic suddenly happens, the risk challenge before China in 2020 is unprecedented.

　　The whole world is paying attention to how China will solve the development dilemma. This meeting gave a clearer answer — —

　　To successfully accomplish the main objectives and tasks of the 13th Five-Year Plan, win the battle against poverty, build a well-off society in an all-round way, and start a new journey of building a socialist modernized country in an all-round way, we must give full play to the breakthrough and leading role of reform, rely on reform to cope with changes, open up new situations, adhere to goal-oriented and problem-oriented, and be good at accumulating momentum, grasping the key points, actively encouraging exploration, highlighting the effectiveness of reform, and promoting reform to better serve economic and social development.

　　Practice has long proved that in the past 40 years of reform and opening up, our party has led the people of the whole country to respond to development problems by unswervingly deepening reform and opening up.

　　Since the beginning of this year, in the face of rare difficulties, China has made overall plans for epidemic prevention and control and economic and social development. On the one hand, resolutely implement the tasks of "six stabilities" and "six guarantees" and safeguard the overall situation of economic development and social stability; On the other hand, the reform and opening-up has not stopped, and a series of heavy measures have been launched one after another, with high frequency, high density and heavy weight, which has attracted much attention — —

　　On April 9, the Opinions of the Central Committee of the Communist Party of China and the State Council on Building a More Perfect System and Mechanism for Market-oriented Allocation of Factors was published, and the reform direction of five factors, namely land, labor, capital, technology and data, was proposed by classification, which was regarded as another significant achievement in promoting economic system reform in the new era.

　　On May 17th, "Guiding Opinions of the Central Committee of the Communist Party of China and the State Council on Promoting the Development of the Western Region in the New Era to Form a New Pattern" was published, in order to clear the direction for solving the problem of insufficient development imbalance in the western region, promoting sustainable development, promoting high-quality development, improving the level of opening up, and realizing national unity and border stability in the western region;

　　On May 18th, "Opinions of the Central Committee of the Communist Party of China and the State Council on Accelerating the Improvement of the Socialist Market Economic System in the New Era" was published, in order to systematically design a more complete, mature and stereotyped high-level socialist market economic system.

　　The opening ceremony of Hainan Free Trade Port Ecological Software Park filmed in Chengmai County, Hainan Province. (Photo by Xinhua News Agency reporter Yang Guanyu)

　　On June 1st, the "Overall Plan for the Construction of Hainan Free Trade Port" was announced, focusing on creating a clear banner and an important open door to lead the opening up in the new era, and the construction of a free trade port with China characteristics took a key step;

　　Corner of Lingang New Area in China (Shanghai) Pilot Free Trade Zone. (Photo by Xinhua News Agency reporter Ding Ting)

　　On June 24th, China published the 2020 edition of the negative list of foreign investment access in China and the negative list of foreign investment access in the Pilot Free Trade Zone. On the basis of the reduction for three consecutive years, the negative list of foreign investment access has been greatly reduced again, releasing a clear signal … …

　　Taking advantage of the situation, the fourteenth meeting of the Central Committee for Deep Reform closely followed the key points of the current reform and deliberated and adopted a series of reform plans.

　　Among them, the "Three-year Action Plan for State-owned Enterprise Reform (2020-2022)" is of great significance for grasping the key stage of state-owned enterprise reform in the next three years, promoting the optimization and structural adjustment of state-owned economy, enhancing the vitality of micro-subjects, and adhering to and improving the basic economic system.

　　Workers work in the production line of Wuhan East Style Trak Automobile Gearbox Co., Ltd., Hubei Province. (Photo by Xinhua News Agency reporter Cheng Min)

　　Guiding Opinions on Deepening the Integration and Development of New Generation Information Technology and Manufacturing Industry points out the direction for grasping the rapid development stage of new industrialization, informationization, urbanization and agricultural modernization, conforming to the new round of scientific and technological revolution and industrial transformation trend, and improving the digital, networked and intelligent development level of manufacturing industry.

　　The "Pilot Program for Deepening the Reform of Rural Homestead System" focuses on the important content of promoting the market-oriented allocation reform of land elements, which is of great significance for exploring the "separation of ownership, qualification and use rights" of rural homesteads and realizing, safeguarding and developing farmers’ rights and interests.

　　In 2020, we have reached the medium range, so we should keep a clear understanding of the joys and sorrows of the development in the second half.

　　The domestic economy continues to release recovery signals, and its future development prospects are improving, but it faces difficulties and challenges brought about by the interweaving of structural, institutional and cyclical problems; The global epidemic and the world economic situation are still complicated and severe, and the impact and influence on China’s economic development are still emerging.

　　The meeting stressed that an important task at present is to combine the implementation of the reform tasks deployed since the Third Plenary Session of the 18th CPC Central Committee with the completion of the main objectives and tasks of the 13th Five-Year Plan, winning the battle against poverty and building a well-off society in an all-round way, linking the overall promotion of normalized epidemic prevention and control and economic and social development, and making targeted arrangements to promote key reforms.

　　Facing the upcoming "14th Five-Year Plan", we should pay more attention to the construction of system and governance system when planning the future reform work in advance, and solve more deep-seated institutional problems.

　　The greatest vitality of reform and innovation lies among the grassroots and the masses. The meeting stressed that it is necessary to strengthen encouragement and guidance in dealing with new things and practices, so that new things can grow healthily and new kinetic energy can be accelerated. This is of great significance to the future reform process. (Reporter An Bei)

　　On the morning of September 8th, the national commendation meeting for fighting COVID-19 epidemic was held in the Great Hall of the People. This is Zhong Nanshan, winner of the Medal of the Republic. Xinhua News Agency reporter Xie Huanchi photo

　　Xinhua News Agency, Guangzhou, November 10th, by topic　Zhong Nanshan: Health depends on life.

　　Xinhua News Agency reporters Xiao Sisi and Xu Hongyi

　　17 years ago, I bravely shouldered the heavy burden in the fight against SARS; This year, the fight against "COVID-19" went out again.

　　"In the prevention and control of the COVID-19 epidemic, the price paid is very high. Putting people’s life and health first, we did it. " On the 9th, Zhong Nanshan, winner of "Medal of the Republic", academician of China Academy of Engineering and director of the National Center for Clinical Medicine of Respiratory Diseases, said at the national report meeting on advanced deeds of fighting COVID-19 epidemic.

　　Since the beginning of this year, in the face of the sudden COVID-19 epidemic, 84-year-old Zhong Nanshan has interpreted the concept of "people first, life first" with practical actions, and put forward prevention and control strategies and rescue measures to save countless lives.

　　Zhong Nanshan attended the news briefing on epidemic prevention and control in Guangzhou (photo taken on March 18th). Xinhua News Agency reporter Lu Hanxin photo

　　Retrograde expedition, COVID-19 bravely takes responsibility

　　On January 18th, Zhong Nanshan boarded the high-speed train from Guangzhou to Wuhan. He was appointed as the leader of the high-level expert group in National Health Commission in order to find out an unknown "new pneumonia" reported in Wuhan. A few days ago, Zhong Nanshan also appealed to the people all over the country not to go to Wuhan unless there is an urgent need.

　　After on-the-spot investigation in Wuhan, the high-level expert group of National Health Commission confirmed that this "new pneumonia" has appeared "human-to-human" phenomenon. On January 20th, when Zhong Nanshan was interviewed by the media in Beijing, he decisively announced to the public the existence of "human-to-human transmission" in COVID-19, which set off an alarm for the prevention and control of COVID-19 epidemic in China.

　　Since then, he has attended many press conferences to answer questions for the public and inject confidence into the first-line war "epidemic".

　　Zhong Nanshan (former middle school) was sworn in at the swearing-in ceremony of party member, the first frontline of the First Affiliated Hospital of Guangzhou Medical University (photo taken on March 2). Xinhua News Agency reporter Deng Hua photo

　　"The national help, wuhan is able to pass! Wuhan was originally a heroic city. " On January 28th, at the most anxious moment in Wuhan’s fight against the COVID-19 epidemic, Zhong Nanshan said emotionally in an exclusive interview with Xinhua News Agency.

　　This is not the first time that Zhong Nanshan "dares to speak out". As early as 2003, during the SARS epidemic, he proposed and confirmed that the cause of SARS was a kind of novel coronavirus under the background that chlamydia was the cause.

　　In August, 2020, the Supreme Leader of president signed a presidential decree and awarded Zhong Nanshan the "Republic Medal" in recognition of his outstanding contribution in the process of fighting the COVID-19 epidemic.

　　People first, life first.

　　"What is the greatest human right? We have saved so many lives, which is the performance of our greatest human rights. " In the "first lesson" of primary and secondary school students all over the country, Zhong Nanshan said emotionally.

　　On April 15th, the Information Office of Guangzhou Municipal People’s Government held the 78th news interview on epidemic prevention and control in Guangzhou Medical University. Zhong Nanshan (first from right) had a discussion and exchange with representatives of foreigners working and studying in Guangzhou. Xinhua News Agency reporter Li Jiale photo

　　On August 27th, Zhong Nanshan led a team from the Department of Critical Care Medicine of the First Affiliated Hospital of Guangzhou Medical University to announce that a COVID-19 patient who had been assisted by extracorporeal membrane oxygenation (ECMO) for 111 days had successfully recovered and was discharged from hospital, creating a miracle of medical treatment.

　　ECMO is the core support for severe heart and lung failure at present, and it is regarded as the "last straw" for critically ill patients. Zhong Nanshan said: "As long as there is a glimmer of hope in the process of treatment, we can do whatever it takes. Even if it seems that patients will die, we still have to rescue them like embroidery. "

　　In the fight against SARS in 2003, Zhong Nanshan’s sentence "Send the most critical patients to me" landed loudly and forcefully; In the fight against the COVID-19 epidemic, he once again made a solemn promise of "never giving up any patient".

　　In the critical period of fighting COVID-19 epidemic, Zhong Nanshan has consulted critically ill patients in Hubei and other places for many times through telemedicine platform, giving local doctors and patients "reassurance".

　　"Because of the large number of patients in Wuhan, the Central Committee immediately organized more than 42,000 medical personnel from all over the country to support Wuhan, and built Vulcan Mountain and Thunder God Mountain hospital in a very short time. The medical staff assisting Hubei are all proud to be able to participate in the fight against the epidemic. " Zhong Nanshan said: "Putting people’s life and health first, we have done it."

　　"I am just an ordinary medical worker and I am very excited to get the Medal of the Republic. But I think more about the word’ responsibility’. " He said: "We should redouble our efforts to build a platform for the prevention and control of respiratory diseases and public health emergencies, and contribute to further defeating COVID-19 and preventing and controlling new public health emergencies."

　　Academician Zhong Nanshan works in the clinic of the First Affiliated Hospital of Guangzhou Medical University (photo taken on August 2, 2018). Xinhua News Agency reporter Deng Hua photo

　　Health depends on life.

　　At the national report meeting on the advanced deeds of fighting the COVID-19 epidemic, Zhong Nanshan said that the anti-epidemic heroes in all walks of life have the same goal, because "health depends on life".

　　"The international epidemic situation is still relatively serious. We can’t stop there. We must improve the level of scientific research and prevention and make greater contributions to the world." He said.

　　While guiding the first-line treatment, Zhong Nanshan has always adhered to the front line of international medical research and shared China’s anti-epidemic practices and experiences at the first time.

　　"Infectious diseases have no national boundaries, and overcoming the epidemic requires global cooperation." Zhong Nanshan said that in the face of the COVID-19 epidemic and other possible outbreaks in the future, human beings need to face it together. "Through communication, other countries can avoid detours. Because we have gone through a difficult road, we must support each other. "

　　On January 21st, the Ministry of Science and Technology announced the establishment of an expert group for scientific research on the joint prevention and control mechanism of pneumonia in novel coronavirus, with Academician Zhong Nanshan as the leader and 14 experts, to provide scientific and technological support for the first-line prevention and treatment.

　　Now, the scientific research team led by Zhong Nanshan has made a series of achievements in rapid detection, new use of old drugs, vaccine research and development, prevention and control of nosocomial infection, animal models and so on, and played an important role in epidemic prevention and control.

　　Related reports:

　　Zhang Boli: Fighting the epidemic with the "China Plan"

　　Zhang Dingyu: In the epidemic "eye of the storm", the "gradually frozen" body races against time.

　　Party affairs openly set new rules, highlighting the image of a self-confident, open and transparent political party.

　　To rectify school bullying, 11 departments have "shown their swords".

　　The green development index is the key to the appointment and dismissal of cadres.

　　The overseas withdrawal of bank cards will be capped at 100,000 per year, and the excess will be blacked out … …

　　Many great events happened in the last week of 2017.

　　What is worthy of attention? What is closely related to you?

　　Let’s take a look together.

　　[Strictly administering the Party] The issuance of the regulations on the openness of party affairs in the Communist Party of China (CPC) has added a new "weapon" to strictly manage the party in an all-round way

　　On December 25th, the full text of the Central Committee of the Communist Party of China’s Regulations on the Openness of Party Affairs in the Communist Party of China (CPC) (Trial) was published. This is the first regulation issued after the 19th National Congress of the Communist Party of China, and it is also the first basic main regulation in the field of party affairs openness.

　　The "Regulations" clearly define the definition, principles, contents and scope, procedures and methods of party affairs publicity, and set up the "four beams and eight pillars" of party affairs publicity in the new era, marking that the party affairs publicity work has embarked on an institutionalized, standardized and procedural track.

　　Open what? Who will make it public? To whom? The "Regulations" clearly define the content, subject and scope of party affairs disclosure.

　　[Prevention and treatment of school bullying] It is more powerful to have a clear definition of student bullying.

　　In order to effectively prevent bullying among primary and secondary school students, 11 departments, including the Ministry of Education, recently issued the Plan for Strengthening the Comprehensive Management of Bullying among Primary and Secondary School Students, which was deliberated and approved by the National Education System Reform Leading Group Meeting. The scheme clearly defines bullying among primary and secondary school students as an event that occurs inside and outside the campus (including primary and secondary schools and secondary vocational schools) and among students. One party (individual or group) intentionally or maliciously bullies and insults through physical means, language and the Internet for one or more times, resulting in physical injury, property loss or mental damage to the other party (individual or group).

　　Therefore, language bullying and cyber bullying are all bullying!

　　[Awesome, word CPC Central Committee] From next year, the armed police will be under the centralized and unified leadership of the CPC Central Committee and the Central Military Commission.

　　A few days ago, the Central Committee of the Communist Party of China issued the "Decision of the Central Committee of the Communist Party of China on Adjusting the Leadership and Command System of the Chinese People’s Armed Police Force". Since 0: 00 on January 1, 2018, the Armed Police Force has been under the centralized and unified leadership of the CPC Central Committee and the Central Military Commission, and the leadership and command system of the Central Military Commission, the Armed Police Force and the Armed Police Force has been implemented.

　　The "Decision" made it clear that the Armed Police Force was established by the Central Military Commission, and it was no longer listed in the the State Council sequence. The construction of the Armed Police Force shall be organized and led according to the organizational relationship stipulated by the Central Military Commission.

　　[New Foreign Exchange Policy] Large overseas withdrawals will be limited: no more than 100,000 yuan a year.

　　The State Administration of Foreign Exchange has issued new regulations, which require individuals to withdraw cash abroad with domestic bank cards, and the total amount of bank cards (including supplementary cards) in their own names shall not exceed the equivalent of 100,000 yuan in each natural year.

　　The notice also stipulates that the daily quota of RMB cards and foreign currency cards for overseas cash withdrawal will be unified to the equivalent of RMB 10,000; At the same time, individuals who withdraw cash overseas with domestic bank cards exceed the annual quota will be suspended from withdrawing cash overseas with domestic bank cards this year and the following year. Individuals who exceed the annual quota will be included in the list of suspending the withdrawal of cash from overseas with domestic bank cards, and will be suspended from withdrawing cash from overseas with domestic bank cards this year and the following year, and may even be punished.

　　The notice will be implemented as of January 1, 2018, and the annual amount of overseas cash withdrawal in 2018 will be calculated cumulatively from January 1, 2018.

　　[When environmental protection is going on] China’s first release of the Green Development Index will become an important basis for the appointment and dismissal of cadres.

　　The National Bureau of Statistics, the National Development and Reform Commission, the Ministry of Environmental Protection and the Central Organization Department jointly issued the Bulletin on the Annual Evaluation Results of Ecological Civilization Construction in 2016, which announced the green development index and public satisfaction of each province in 2016 for the first time.

　　The green development index and public satisfaction not only show the green development of the provinces in that year, but also will be included in the five-year assessment of ecological civilization construction objectives. The assessment results will become an important basis for the comprehensive assessment and evaluation of party and government leaders and the appointment and dismissal of cadres in various provinces.

　　[Beautiful China] The Regulations for the Implementation of the Environmental Protection Tax Law will be implemented simultaneously with the environmental protection tax law on New Year’s Day.

　　The People’s Republic of China (PRC) Environmental Protection Tax Law was adopted at the 25th meeting of the 12th the NPC Standing Committee on December 25th, 2016, and will come into force on January 1st, 2018. This law is of great significance for protecting and improving the environment, reducing pollutant emissions and promoting the construction of ecological civilization.

　　The Regulations clearly stipulate the mechanism for determining the specific scope of other solid wastes, the scope of centralized sewage treatment sites in urban and rural areas, the calculation of solid waste discharge, the conditions and standards for reducing environmental protection tax, and the cooperation mechanism between tax authorities and environmental protection authorities.

　　 [Remember history] Nanjing established a lawyers’ alliance to safeguard the historical truth of the Nanjing Massacre.

　　The Alliance of Lawyers Defending the Historical Truth of the Nanjing Massacre was formally established recently. It will devote itself to protecting the rights and interests of the survivors of the Nanjing Massacre, studying the legal issues of the Nanjing Massacre, and promoting civil litigation.

　　 The League issued the "Declaration of Lawyers Defending the Historical Truth of the Nanjing Massacre", announcing that the Nanjing Massacre was a serious violation of the relevant international laws and laws of war, and the evidence collation and legal argumentation would be carried out; To sort out and study the trial materials of the Tokyo International Court of Justice on the Nanjing Massacre; To sort out and study the trial materials of the China court on the Nanjing Massacre; To sort out and study the civil litigation materials of Nanjing Massacre; Collect, sort out and study the legal evidence of the Nanjing Massacre by the international community. (Editor: Zhang Mingyu Comprehensive Xinhua News Agency, Xinhuanet and other media)

Amazon sellers have long been plagued by two problems: one is that they can’t replenish their goods in time, and the other is the backlog of inventory. Compared with no order, shortage is more troublesome, which will directly affect the ranking of sellers’ stores, thus affecting sales.

Therefore, inventory management is a very important part in the operation of Amazon sellers, which affects the normal operation of the entire supply chain system.

Inventory management is the key to promotion and sales.

What should the seller do if he doesn’t want to be unsalable or out of stock? First of all, we should understand three formulas:

Replenishment lead time= (internal processing days+purchase days+transit warehouse operation days+logistics processing days+destination warehouse operation days+safety stock days)

Maximum inventory value= (Replenishment lead time+lead time) * Average daily sales volume

Replenishment quantity= Maximum Inventory-In-transit Inventory

Sellers can first estimate the inventory situation according to the above three formulas, and then make adjustments according to the situation of their own stores when actually accounting.

The stock just sold out and the materials arrived at the same time.

Inventory management not only affects store sales, but also ultimately affects sellers’ recovery of funds. If the seller’s shop is out of stock, the ranking of the explosive products that are hard to build may drop sharply. When this happens, competitors may occupy the position, and sellers will have to pay more time and money to return to the previous ranking position. Therefore, the seller should check the FBA inventory in real time and arrange the replenishment reasonably, so as to better manage the FBA inventory and let the funds flow back quickly.

Inventory management can’t be solved efficiently and systematically by manpower alone, so there is a "magic weapon" for inventory management with the help of digital and refined ERP management software.

The R&D team of Jijia ERP puts itself in the position, excavates the inventory management needs of cross-border sellers, introduces intelligent replenishment, red and green lines and other functions, breaks the pain points of sellers’ inventory operation one by one, grasps the order quantity and inventory in real time, and operates efficiently.

Intelligent replenishment of various reference dataUpdate every hour., so that operators can control the inventory dynamics at any time and make sales strategies quickly.

① MSKU dimension: the most common dimension, which is suitable for operation colleagues to check the replenishment of MSKU under their responsibility.

② ASIN dimension: If a single ASIN corresponds to multiple MSKU, and the operation colleagues want to see the replenishment of the whole ASIN, they can view the ASIN dimension; In addition, in general, there will be a main MSKU under an ASIN, but the historical sales of the main MSKU may be affected because of out-of-stock. If we only look at the replenishment situation of one MSKU, it will cause human error in judgment. As a whole, all MSKU data under this ASIN will know the data of other MSKUs, so that the judgment of the main MSKU will be more accurate.

③ SKU dimension: If a SKU maps multiple MSKUs, the operation colleagues can view the replenishment status of the whole SKU and all the corresponding MSKUs in this dimension.

④ Parent ASIN dimension: the replenishment status of the whole parent ASIN can be viewed, and the list is displayed by parent ASIN group, and the parent ASIN group is displayed by ASIN; If there is no parent ASIN, it is displayed directly according to the ASIN group; Limited display of groups with parent ASIN.

At the same time, intelligent replenishment supports single/multiple countries to view data, and also supports selecting specific FBA warehouses to view the replenishment status of corresponding goods.

Intelligent replenishment can help sellers to stock goods reasonably.Let the sales continue, and the goods can be sold at any time; The inventory is not overstocked and the inventory quantity reaches a reasonable state.Let all the inventory in the seller’s warehouse just be sold out, and the next batch of purchased materials will arrive at the same time.

Efficient prediction of out-of-stock time by red and green lines

The red-green line is based on the on-hand quantity, daily average consumption, goods in transit and the expected warehousing time of the FBA warehouse to predict the future consumption and replenishment trend, and intuitively reflect the shortage interval with charts. In this way, the seller can micro-control at any time, modify the daily average, make emergency replenishment, etc., among which the ideal state isAll green lines.

The red-green line is mainly divided into four parts, and the seller can check it according to the actual situation and arrange replenishment.

The first part: The seller can clearly see the data such as delivery date, target inventory days, target inventory, daily average sales, on-hand inventory, etc. Among them, the seller can set the rules for calculating the daily average (in the intelligent replenishment interface), which also takes into account the different sales of different sellers in the off-season and peak season, so as to adjust the daily average.

The second part: The data pie chart can obtain the data in the product inventory in real time. Through the graphic intuitive display, the seller can see the details by moving the mouse gently. In busy situations, it only takes 3 seconds to grasp the inventory situation and make timely decisions.

The third part: The seller can check the late replenishment effect according to the products with the least inventory, add an estimate on the right, and after selection, you can see the predicted out-of-stock time after the new order is placed. The system will calculate the most suitable logistics mode according to the out-of-stock date, saving the budget.

Part IV: The seller can view all the unprocessed supply chain documents corresponding to this destination warehouse, that is, the documents that have not been put into storage, including purchase plans, purchase orders, delivery orders, delivery orders and transfer orders. It also supports viewing FBA received inventory data and FBA shipment information.

After mastering the inventory situation in time, replenish the goods intelligently and quickly, then the problem of FBA inventory management will be solved, and multi-site and multi-store will follow up the warehousing information in one stop, so that sellers can grasp the warehousing situation of products more efficiently, accurately and intuitively, so as to arrange the operation tasks accordingly.

Poor inventory management also directly affects your IPI score. If the seller already has an IPI score, and the IPI score exceeds 400 points at six weeks before the end of the current quarter and the last day of the quarter, it will be obtained in the next quarter.Infinite storage capacity.

If it is lower than 400 points at both time points, the warehousing in the next quarter will be limited, and the excess will be charged extra, but the seller need not worry, and the IPI score will be naturally high by using the total inventory of accumulated ERP!

Finally, don’t sell redundant products at a one-time discount, which will not only be popular, but will also be forced to join the ranks of Add-on Item.

We should make a concrete analysis according to the actual situation, such as whether it is possible and necessary to continue to sell redundant products, that is, whether buyers still have demand? Is it profitable to sell products? So as to obtain different treatment schemes.