China Securities Journal

　　Deconstructing the "impossible trinity" of the new tea industry: the logical paradox of short-term competition and long-term ism of enterprises such as Mixue Group

　　After Naixue’s tea landed on the Hong Kong Stock Exchange in December 2021, the new tea industry has recently stepped up its listing: Mixue Group, Guming and Chabaidao successively landed on the Hong Kong Stock Exchange in early 2025, while Bawang Chaji and Auntie Shanghai are respectively promoting the listing of US stocks and Hong Kong stocks.

　　Behind the intensive listing, the new tea companies have shown a scene of ice and fire in the capital market: Naixue’s tea, as the "first share of new tea", once surprised the market with a market value of nearly HK$ 34 billion, and now its share price has dropped to HK$ 0.94 (as of the close of April 8), which is about one twentieth of the issue price, with a market value of only HK$ 1.603 billion; On the first day of listing, the market value of Chabaidao has evaporated by about HK$ 7 billion, and the current share price has halved compared with the issue price. In sharp contrast, the IPO of Hong Kong stocks of Mixue Group triggered a subscription boom, and its market value quickly exceeded HK$ 150 billion after listing. Gu Ming’s share price doubled in about one month after listing.

　　According to industry insiders, there is a fundamental business paradox behind this difference in the new tea track-it seems difficult for enterprises such as Bawang Tea Ji, Mixue Group and Naixue Tea to achieve the triple goals of scale expansion, cost control and brand tonality at the same time. This "impossible trinity" is becoming a dead knot that restricts the development of the new tea industry.

　　Large funds to stabilize the market, the turnover of many broad-based ETFs reached a new high.

　　Since April 7, a number of state-owned institutions have voiced their increasing holdings of ETFs. From the perspective of turnover and capital flow, the signs of jiacang are mainly reflected in mainstream broad-based ETFs.

　　On April 8, A-shares rebounded at the opening. Although it fluctuated in intraday trading, it rose in late trading, and the three major stock indexes finally closed up. The core leading broad-based ETF was active. On April 7th and 8th, the turnover of large-cap broad-base ETFs such as Shanghai and Shenzhen 300ETF continued to dominate, and small and medium-sized broad-base ETFs such as CSI 500 and CSI 1000 rose suddenly, and the turnover of many products set a new one-day historical record.

　　Fund custody will "trust and manage" the welcome plan, which is widely expected.

　　Recently, a draft for comments on the management measures of fund custody business has been circulated in the industry. The opinion draft has made new adjustments to the fund custody norms from many aspects, such as improving the entry threshold, strengthening risk isolation, compacting the custodian’s responsibility and improving the exit mechanism. Among them, avoiding "trust without care" and "trust without management", clarifying the application of "one trust to the end" for private equity investment funds and related custody requirements have attracted the attention of the industry.

　　China securities journal reporter learned in the interview and investigation that some private equity institutions had risk events before, and the standardized development of fund custody business was gradually paid attention to, and many custodians had spontaneously made risk control adjustments to varying degrees. For example, from the previous request to provide a first-and second-level net worth valuation table, to see a four-level valuation table that penetrates more into the underlying assets. Some fund custodians said that on the whole, the new draft for comments will help to further systematically regulate the custody of funds, especially private equity funds.

　　It is difficult to repay the loan in advance. Some banks raise the threshold.

　　"Last month, I found that the number of prepayments on ICBC’s mortgage online was up to 5 times a year. I checked it again a few days ago, only twice, and I can only pay back 200,000 yuan at most. " Ms. Zhang, a borrower who lives in Yangpu District, Shanghai, told reporters on April 8.

　　Recently, many mortgage borrowers have reported that some banks have tightened the amount and frequency of online mortgage prepayment, and the repayment appointment time has also been extended to some extent. Some banks responded that the business volume of repaying loans in advance has indeed increased recently, and banks have made timely adjustments to related businesses according to the latest situation.

　　According to industry analysts, when the scale of early repayment exceeds expectations, banks usually control the pace and scale of mortgage business by adjusting the policy of early repayment according to their own capital arrangements, operating conditions and risk preferences. At the same time, banks should also pay attention to the legal compliance of policy adjustment, provide convenience for customers to repay loans in advance, and optimize their financial service experience.

　　Shanghai Securities News

　　The "good news" of listed companies in the first quarter frequently reflects the warmth of China’s economic fundamentals.

　　What are the economic fundamentals of China in 2025? The first quarterly report and the first quarter operating data of listed companies that are intensively released reflect a deep warmth.

　　The data shows that as of 21: 00 on April 8, a total of 107 A-share listed companies disclosed the first quarter 2025 performance forecast. Among them, 59 companies increased in advance, 29 companies increased slightly, 11 companies turned losses and 3 companies continued to make profits.

　　At the same time, a number of companies also handed over eye-catching first-quarter production and sales "transcripts." From an industry perspective, listed companies in non-ferrous metals, basic chemicals, national defense and military industry, transportation and other industries have outstanding performance. The reporter found out that the growth of sales data, the rising price of related products and the fullness of hand-held orders have become the motivation for the great increase in performance of many companies.

　　Mu Yuan shares went out to sea for the first time to raise pigs and animal husbandry in Vietnam, setting off a new round of "going to Southeast Asia"

　　"There are two main things to go to Hanoi this time: one is to exchange views on pig raising in buildings of local concern; The second is to go to the local agriculture and forestry university in Vietnam to recruit talents for the company’s business. " () Liu Bo, general manager of overseas development, said. A few days ago, when Liu Bo spoke to a reporter from shanghai securities news, he was waiting at Ho Chi Minh City Airport in Vietnam. About 30 minutes later, he will take a flight to Hanoi, the capital of Vietnam.

　　The recruitment of international management students in Mu Yuan is progressing simultaneously. According to the plan, Mu Yuan will recruit a group of Vietnamese employees, and after training in China, they will be assigned to Vietnam for development. The work includes farming techniques in Mu Yuan and standardized operation procedures.

　　The reporter noted that not only Mu Yuan, but also New Hope, () and Yangxiang Group have chosen to go deep into Vietnam, and the pace of China’s farming and animal husbandry enterprises "going to South Asia" has obviously accelerated. According to the analysis of insiders, at present, China’s farming and animal husbandry enterprises’ going out to sea is essentially to transform the technology, management experience and cost control ability accumulated in China into the competitive advantage in the international market. This internationalization strategy of "exchanging technology for market" not only reflects the new trend of China’s farming and animal husbandry development, but also promotes China’s farming and animal husbandry to occupy a more favorable position in the global value chain.

　　Securities firms strengthen the risk monitoring of financial integration. At present, the overall risk of financial integration is controllable.

　　Despite the global trade conflict caused by tariffs, the risk aversion of China’s financial market increased significantly on April 7, but from the data of the previous day’s financial integration disclosed on April 8, the market leveraged funds remained stable, and the overall risk of financial integration was under control.

　　As of April 7, the balance between Shanghai, Shenzhen and North China was 1,854.074 billion yuan, a decrease of 49.032 billion yuan or 2.58% compared with the previous trading day. Among them, the financing balance was 1,843.994 billion yuan, a decrease of 47.964 billion yuan or 2.54% compared with the previous day. From the perspective of position preference, there is a strong sentiment of capital defense. Only six sectors, including banks, shipping ports, agriculture, animal husbandry, feed and fishery, coal, gas and airport, have received net capital inflows, but financiers are generally cautious in adding positions. Except for banks, the net inflows of other sectors have not exceeded 40 million yuan.

　　The brokers interviewed believe that although the financing balance has declined, the overall controllable situation of the risks of the two financial institutions has not changed, and the stability of leveraged funds has fully demonstrated the confidence of the market.

　　China version of stabilization fund leads the way to stabilize the stock market and blows the assembly number.

　　Stabilize the stock market, all parties are acting.

　　Within 48 hours, large funds from large institutions such as Central Huijin Company frequently shot, and the People’s Bank of China and the General Administration of Financial Supervision successively voiced their voices, and the "China Edition Stabilization Fund" was born; The State Council State-owned Assets Supervision and Administration Commission, many central enterprises and state-owned assets operation platforms are constantly moving, and central state-owned assets join hands to enter the market; A large number of listed companies have announced plans to increase their holdings or buy back, and brokers and fund companies have been buying from themselves … A series of measures have released a strong signal to stabilize the stock market and made concerted efforts to boost the capital market.

　　Securities Times

　　It is the right time to raise the equity ratio, and insurance companies should be real "patient capital"

　　Yesterday, the State Financial Supervision and Administration issued the Notice on Adjusting the Supervision Proportion of Equity Assets of Insurance Funds (hereinafter referred to as the Notice). In this regard, many head insurance institutions believe that this will further open up the investment space of equity assets of insurance funds. A number of insurance institutions said that they are firmly optimistic about the development prospects of China’s economy and China’s capital market, and will give full play to the long-term advantages of insurance funds and make real "patient capital".

　　Listed companies calmly respond to tariff shocks when they see the move.

　　The lasting vitality of cross-border trade comes from the endogenous motivation of the participants to continuously create value. Although the so-called "reciprocal tariff" promoted by the US government has brought pressure to all trading parties, Chinese and American enterprises in it have not waited and watched.

　　The Securities Times reporter learned that recently, various listed companies have actively communicated with American customers and tried to find pragmatic solutions. It is this initiative among market players that has injected the firm confidence that "the sky will not fall" into China’s economy.

　　Further loosening of insurance funds into the market is expected to achieve win-win results.

　　Recently, the State Financial Supervision and Administration Bureau issued the Notice on Relevant Matters Concerning Adjusting the Supervision Ratio of Equity Assets of Insurance Funds, optimized the supervision policy of insurance funds ratio, and increased support for the capital market and the real economy.

　　The "Notice" mainly includes three measures: First, raise the upper limit of the allocation ratio of equity assets. Simplify gear standards and increase the proportion of equity assets corresponding to the solvency adequacy ratio of some gears by 5%. The second is to increase the concentration ratio of investment venture capital funds. The third is to relax the regulatory requirements for the tax extension pension ratio.

　　The issuance of the Notice is an important measure to optimize the asset allocation of insurance funds, which is conducive to promoting the insurance industry to do the "five big articles" in finance, giving full play to the advantages of long-term funds and patient capital, and will achieve win-win results from multiple levels.

　　Agricultural Power Planning Releases Strong Growth of Seed Industry Plate

　　Recently, the Central Committee of the Communist Party of China and the State Council issued the Plan for Accelerating the Construction of an Agricultural Power (2024-2035) (hereinafter referred to as the Plan), proposing that by 2027, the construction of an agricultural power will make significant progress; By 2035, the construction of a strong agricultural country has achieved remarkable results. The Plan puts forward new goals and requirements for consolidating the foundation of food security in all directions, promoting the innovation of agricultural science and technology equipment in all fields, improving the modern agricultural management system in all links, promoting the upgrading of agricultural industrial system in all chains, and cultivating new advantages in agricultural international competition.

　　On April 4th, the State Council Customs Tariff Commission issued a notice on imposing tariffs on imported goods originating in the United States, including a cumulative 49% tariff on 29 kinds of goods originating in the United States, such as chicken, wheat, corn and cotton. A total of 711 categories of goods such as sorghum, soybeans, pork, beef, aquatic products, fruits, vegetables and dairy products are subject to a cumulative tariff of 44%.

　　Securities daily

　　The performance of 41 A-share food and beverage companies last year showed the resilience of the industry.

　　As consumption heats up, the food and beverage industry, which is already very resilient in performance, will usher in good results again.

　　As of April 8, a total of 41 food and beverage listed companies in Shanghai and Shenzhen stock markets released their 2024 performance reports. According to the "Securities Daily" reporter, the total revenue and net profit of 41 companies achieved year-on-year growth last year. It is particularly worth mentioning that () Liquor Co., Ltd. (hereinafter referred to as "Kweichow Moutai"), as the "first brother of liquor", has shown super profitability despite the deep adjustment period of the industry. Last year, a company’s net profit accounted for more than 70% of the total net profit of 41 companies.

　　Dividend is one of the most direct and effective ways for listed companies to return investors. The food and beverage industry has always been a "hot field" with high dividends. Among the above 41 companies, there are as many as 22 companies whose annual cash dividend ratio exceeds 60%.

　　The top-level design is constantly improving, and the low-altitude economy is "ready to go"

　　On April 7, in order to ensure the high-quality development of general aviation and low-altitude economy, the Central Air Traffic Control Commission issued special measures, focusing on improving the low-altitude management system, optimizing the allocation of airspace resources, improving the quality and efficiency of operational services, consolidating basic support capabilities, and strengthening the management of air use according to law. Deploy and strengthen low-altitude air traffic control work to the national air traffic control system.

　　Lu Dingliang, a lawyer of Beijing Jingshi Law Firm, told the Securities Daily reporter that the deployment of the Central Air Traffic Control Committee marks that China’s low-altitude economy has entered a stage of systematic construction. "Improving the low-altitude management system" and "optimizing the allocation of airspace resources" are aimed at solving the core problems that have long restricted the development of low-altitude economy. Strengthening low-altitude air traffic control this time is conducive to further releasing airspace resources, promoting a high-level dynamic balance between airspace supply and demand through flexible airspace management modes (such as dynamic release and classification), and providing more space for emerging navigation applications such as drones and eVTOL.

　　Many small and medium-sized banks cut deposit interest rates, and large deposit certificates were cut by 40 basis points.

　　In April, the adjustment of bank deposit interest rate continued. According to the incomplete statistics of the Securities Daily reporter, local small and medium-sized banks and private banks such as Liaoshen Bank, Zhongbang Bank and Xin ‘an Bank have intensively started to reduce the interest rates of deposits and certificates of deposit, and some banks have reduced the interest rates of five-year certificates of deposit by 40 basis points.

　　Respondents said that this interest rate adjustment is an important measure for banks to actively optimize their debt structure. High-interest deposits in small and medium-sized banks account for a relatively high proportion. Differential interest rate adjustment can effectively reduce the cost at the debt end and create conditions for stabilizing profit margins. It is worth noting that although the market interest rate continues to decline, the trend of resident deposits’ regularization is intensifying. Judging from the data of A-share listed banks that have disclosed the 2024 annual report, the deposit regularization rate continues to rise, indicating that the pressure on bank debt management has intensified.

　　Silver-haired economy develops vigorously, and listed companies seize market opportunities

　　Recently, the Guangzhou Municipal People’s Government issued the "Several Measures to Promote the High-quality Development of Service Consumption in Guangzhou", which proposed to expand the supply of old-age care to meet the needs of people’s livelihood. Taking the implementation of the "Ten Articles of Silver Hair Economy" as the starting point, we will cultivate the main business entities of silver hair economy, vigorously carry out the activities of "Silver Age Action" and "Silver Hair Market", and promote the innovative application of old-age service scenarios. In fact, in recent years, many measures have been introduced to increase the development of silver-haired economy.

　　Yuan Shuai, deputy secretary-general of Zhongguancun Internet of Things Industry Alliance, told the Securities Daily that under the influence of multiple factors such as the continuous promotion of policies and the growth of domestic demand for aged care services, the silver-haired economic market has played an important role in promoting social and economic development.

　　According to the securities research report, China has entered the stage of silver-haired economy development, and the industrial demand is rich and diverse, covering ten fields of "clothing, food, housing, transportation, money, education, music, medicine, nutrition and health". These industrial directions meet the consumption needs of different elderly groups, which is of great significance to promoting the development of silver-haired economy and tapping consumption potential, and is expected to help silver-haired economy become a new pillar of high-quality economic development in China.

　　BEIJING, Beijing, January 9 (Reporter Li Jinlei) The professional title system has ushered in great changes. The General Offices of the General Office of the Central Committee of the CPC and the State Council issued the Opinions on Deepening the Reform of Professional Title System on the 8th, demanding to overcome the tendency of "only academic qualifications, only qualifications and only papers".

　　According to the opinion, the evaluation title will change greatly in the future: posts with low requirements for foreign languages and computers do not need to take foreign languages and computers; Thesis is no longer a "hard lever", and teaching plans, medical records and other achievements can also be replaced; All professional titles are set to senior, and primary school teachers can also evaluate "professors"; The "one-vote veto system" for academic fraud will be implemented, and all titles obtained through fraud will be revoked.

　　Foreign languages and computers are no longer unified.

　　— —

　　Obviously, the job requirements for foreign languages are not high, or even irrelevant to foreign languages, but if you fail the foreign language examination, you will not be able to evaluate your professional title. This criticized phenomenon will be changed.

　　The opinion puts forward that there is no uniform requirement for the professional title foreign language and computer application ability examination. If it is really necessary to evaluate the level of foreign languages and computers, the employer or the evaluation institution shall independently determine the evaluation conditions.

　　At the same time, professional and technical personnel working in hard and remote areas and at the grassroots level, as well as professional title series and posts with low requirements for foreign languages and computer skills, are not required to have professional titles in foreign languages and computer application ability.

　　That is to say, in the future, jobs with low requirements for foreign languages and computers can be exempted from taking foreign languages and computers.

　　The reporter of Zhongxin. com noticed that many places have issued notices at present, and the foreign language level is no longer linked to the professional title evaluation. For example, the Beijing Municipal Bureau of Human Resources and Social Security recently issued the "Notice on Issues Related to Beijing Professional Title Foreign Language and Computer Application Ability Examination", clarifying that from January 1, 2017, the professional title foreign language level examination and computer application ability examination will not be used as the necessary conditions for applying for professional title evaluation.

　　Thesis is no longer a "hard lever"

　　— — Results such as lesson plans and medical records can also be substituted.

　　The tendency of "only papers" will also be corrected. The opinion requires that the conditions of papers and scientific research achievements in the evaluation of professional titles should be set reasonably, and papers should not be used as restrictive conditions for evaluating applied talents.

　　At the same time, the professional and technical personnel who work in hard and remote areas and at the grassroots level should be diluted or not required to make papers; For the series of professional titles with strong practicality and operability and unclear research attributes, no paper requirements are required.

　　In addition, explore the patent achievements, project reports, work summaries, engineering plans, design documents, teaching plans, medical records and other results to replace the paper requirements; Carry out the representative work system, focus on the research results and the quality of creative works, and dilute the number of papers.

　　For a long time, publishing papers has been a pain for many professional and technical personnel. In reality, it is difficult for doctors with excellent medical skills and teachers with strong teaching ability to break through the "hard lever" of "not publishing papers and evaluating titles". This also breeds chaos and industry interest chains such as paper fraud and plagiarism, spending money to send papers.

　　In the opinion of experts, papers are no longer a rigid requirement for evaluating professional titles, so that people can have more time to concentrate on their jobs instead of trying to distribute papers. Instead of papers, teaching plans, medical records and other forms of results are more in line with the law of talent evaluation. With the implementation of measures, the chaos in related industries is also expected to be improved.

　　All title series are set to positive advanced level.

　　— — Primary school teachers can also evaluate "professors"

　　In terms of title series, the opinion proposes to continue to use the title series in the fields of engineering, health, agriculture, economy, accounting, statistics, translation, press and publication, radio and television, art, teachers, scientific research, etc., cancel individual title series that are not suitable for economic and social development, and integrate title series with similar professional attributes.

　　Among them, each title series is provided with junior, intermediate and senior titles, in which senior titles are divided into senior and deputy senior titles, and junior titles are divided into assistant and clerk grades, and only assistant grades can be set according to needs. At present, the title series without positive and senior titles are all set to positive and senior titles.

　　Previously, accounting, primary and secondary school teachers and other professional title series did not have full and senior titles. After the reform, it will break through the "ceiling" of these people’s careers and greatly expand the career development space of professionals. It is also possible for primary school teachers to be rated as "professors" in primary schools.

　　Implement the "one-vote veto system" for academic fraud

　　— — The title obtained by fraud will be revoked.

　　The opinion puts forward that moral character should be put in the first place in the evaluation of professional and technical personnel, and the professional ethics of professional and technical personnel should be emphatically investigated.

　　At the same time, we will improve the disciplinary mechanism of good faith commitment and dishonesty, implement the "one-vote veto system" for academic fraud, and revoke all titles obtained through fraud, black-box operation and other violations.

　　Previously, under the tendency of "only papers", academic fraud and other phenomena emerged one after another. Last year, there were media reports that a large number of papers by Dr. China were suspected of plagiarism or ghostwriting in Brazilian academic journals.

　　It can be expected that with the paper no longer being a rigid requirement for evaluating professional titles and the implementation of the "one-vote veto system" for academic fraud, the practice of fraud in order to obtain professional titles will be greatly reduced. (End)

Hua Chenyu has a strange shape.

1905 movie network news February 7th is Hua Chenyu’s 28th birthday. This afternoon, he took a photo in Weibo to thank his fans for their birthday wishes, and wrote: "Thank you, Happy Birthday and Happy Year of the Dog! ! ！”In the photo, Hua Chenyu is wearing a sweater with a cartoon pattern and a pair of loose jeans. The sunshine is handsome, but his photo pose is strange, with his mouth open, his head tilted, his waist bent and his hands drooping, which is very funny.

Hua Chenyu thanks the fans for taking photos on his 28th birthday.

Netizens have left messages saying: "You said! Did you leave your clothes in Beijing? " "Happy birthday! I wish you more and more fat in 18 years. "

Time Network News is directed by Wu Ershan, and the mythical epic film "Feng Shen I" starring ChristianRandPhillips, Li Xuejian, Bo Huang, Yu Shi, Chen Muchi and Na Ran is being released. A few days ago, the film’s director Wu Ershan accepted an exclusive interview with Time.com to share the behind-the-scenes story of the film.

The first part of "Feng Shen" opened the prelude of "Feng Shen Trilogy", which tells the story that Wang Yinshou, a merchant, colluded with da ji, a fox demon, and was tyrannical and heartless, causing a scourge. Jiang Ziya, the immortal of Kunlun Mountain, went down the mountain with the "list of gods" to find a common master in the world to save the whole people. Ji Fa, the son of Xibohou, gradually discovered the true colors of Yin Shou, and turned out to sing songs. The forces of all parties are surging, and the signs of changes are beginning to appear …

The story of "the list of gods" is a household name, and it is also a big IP that many domestic film and television works love very much. Wu Ershan, the director, said, "The core of the story hasn’t changed much, such as the tyranny of the Shang king, the gall of the Wen king, the digging of the heart by Bigan, and the admonition of the Queen Jiang. However, we have to do a new look at the original story from a contemporary perspective and contemporary values, and we have to reorganize his story line and the logic of the story. "

"For example, there is a very important plot in the original, which may be unknown to everyone, and that is why da ji went into the Shang Dynasty to destroy it. Because Yin Shou wrote a poem and molested Nu Wa. Many people don’t know why. What’s wrong? Is it that big? From the perspective of contemporary people, this is nothing, and it is a little bold. According to the current audience in China, this is actually a trivial matter, and it is not enough to overthrow a dynasty. Including da ji, she has been instilling many evil ideas into Yin Shou, and the setting that women are femme fatale. This is unacceptable to the contemporary audience, especially to me. It is very demeaning to women and a concept that is disrespectful to women. These things need to be adjusted and redesigned to make it more in line with our modern people’s feelings and values. "

"For example, I like the Ji Chang family in the original story very much. I like Ji Chang very much, a father who bears the burden of humiliation. But I don’t think the description of him in the original is convincing enough-why did he endure the pain to eat his son’s meat? In the original, he cheated Yin Shou, then escaped and returned to his hometown to survive. But I think this father is too cunning. We reset the logic of his doing this thing in order to protect his second son, because he has already lost a son, and he wants to protect the surviving son. He can only accept such humiliation and do what he doesn’t want to do, and then the son is determined to rescue him. He is not a sly father. "

It has been several years since the start of the project and the release of the first part of the project, so that many viewers have been worried about the fate of this project. However, Wu Ershan said that the progress of the trilogy of deities was basically within his plan. "Three continuous shooting, fairy epic, our original plan is to complete it in 8 to 10 years, because we predict that this work is very difficult. There was no epidemic at that time. We planned for 8 to 10 years at that time, and this year is the tenth year, so I think it is basically objective. "

"The longest film I shot before was" Searching for Dragons ",which took five months. But it took 18 months to make the trilogy of gods. At the peak of our crew, there were 2,800 crew members working at the scene in one day. In a year and a half, more than 8,000 staff members participated in the pre-filming of the film. "

The first part of "Feng Shen" was released smoothly, and many viewers began to care when they could see the second and third parts. Wu Ershan said that if all goes well, the latter two films will be released in the summer of 2024 and the summer of 2025. The structure of the film trilogy is basically the same as that in the mythical story of "deifying": The second part will tell the story of Ji Fa defending his homeland in Xiqi, and Xiqi, under the protection of Jiang Ziya and other Kunlun immortals, fought against the army of Yin and Shang, and defeated the Ten Commandments. The third part tells that Ji Fa ordered 800 vassals to join the Mengjin League, and began to attack. Immortals, such as Yuanshi Tianzun and Tongtian Patriarch, all participated in the final decisive battle, and finally Ji Fa defeated Yin Shou and established the Zhou Dynasty.

I am very satisfied with the fuel consumption, and it is not used frequently at present, but the fuel consumption is within the acceptable range. High-speed comprehensive fuel consumption: At present, I have run back and forth several times at high speed, and started the sports mode, which is super powerful. I drive more than seven cars in the urban area. I usually go to work, go to the supermarket or something, and occasionally go out to play on holidays. I still yearn for freedom. For this car, it is not too high or too low in our county.

This car is still relatively small. If a big person sits in the back row, the space will be a little insufficient. However, there are very few people sitting in the back row, and occasionally sitting does not affect the space and comfort of sitting in the front row. The seat of this car is designed to fit the skin very well, and it is quite comfortable to sit on, and the hardness is just right. I like its dynamic response. I think it is necessary to drive fast in the city, and don’t think that strong power is not needed in traffic jams. Although it is a 1.4T engine, the power feedback is still very strong, so it is easy to cut in and overtake in traffic jams. If the power is insufficient, I will only be cut in line.

Nowadays, the exterior design is becoming more and more fashionable, and the front face is very impactful. It still belongs to the kind that is very resistant to driving. The black middle net and the logo have a special feeling, and the tail is not too framed. The overall appearance is very round. Personally, I think it is very similar to the interior of the car. Of course, Geely’s gear handle and central control design are basically the same, which makes it difficult for you to see that this is a car that is less than 100,000 yuan. That kind of luxury and enjoyment is really true.

Although I like the appearance and interior very much, all I took out was real money. I thought about buying a car for a long time and finally chose this one after paying attention to many models. The price is really not high. And the configuration is not bad. At the same time, the cost of car maintenance in the later period is not high. On the whole, I think the price/performance ratio is also the biggest highlight of this car. Automatic headlights, automatic locking, electric adjustment of rearview mirror, full-screen HD display, front and rear, keyless entry, large skylight, rear cup holder, voice system, five-year free network and 360-degree image of reversing radar really guarantee safety, and are also very worry-free, making driving feel easier.

The handling of the car is very good, and its throttle is very light, so it has very good sensitivity when driving at high speed, including when cornering. And the chassis is also very stable when driving at high speed, and there is electricity when braking, and the braking distance is also very short. The safety factor of the car is quite high, the comfort of the whole car is good, and the seat is not very soft, so the support is relatively good. This seat will not feel tired when running at high speed for a long time, and this car has been driving for thousands of kilometers now, and it feels that there is no smell in the new car. Normal new cars should have the taste of leather, but this car feels very small. Even if the child sits in the car, it is more reassuring.

This car has these four shortcomings:

First, the storage capacity of the fuel tank is slightly small, only 45L, which is acceptable for friends who usually use a small amount of cars, but for friends who use cars frequently for a long time, they are somewhat stretched, and they have to refuel once a week or so. In addition, if they run a long distance, there are some disadvantages to a small fuel tank with less battery life.

The second is that there is no air outlet in the back row, which is somewhat lacking in design. It is convenient for us to buy a car, and it is also convenient for our families to take a trip, including sometimes bringing some friends, so the family or friends sitting in the back row are not so comfortable.

The third is that there are six speakers in the car, but actually four speakers can be used. Only four speakers in the front row can play audio media, and the two speakers in the back are not available. Driving is boring, playing music, only the front side has a speaker, so friends who pursue a sense of music may feel that there is still a trace of regret.

Fourth, if the back seat takes more than one and a half hours, the pain in the whole back will become more and more obvious. If there is a real need for long-distance riding, you must prepare an headrest later, be better to yourself and pay attention to it.

Beijing News Shell Financial News (reporter, Wang Linlin) On September 26, FAW-Volkswagen Audi’s first long-axis luxury B-class coupe SUV, the new Audi Q5L Sportback, completed its world debut. At the same time, Audi Q5 Sportback also completed its world debut online.

"The new Audi Q5L Sportback is the first model that FAW-Volkswagen Audi has innovated and lengthened before Audi globally based on Chinese user requests, and achieved the global debut of both China and Germany simultaneously," said Liu Yigong, director, party secretary and general manager of FAW-Volkswagen Automobile Co., Ltd.

The new Audi Q5L Sportback combines the characteristics of a coupe and an SUV. It is positioned in a mid-sized SUV, and the B-pillar has been redesigned. At the rear, digital OLED lighting technology is applied for the first time to the taillights, allowing for customized lighting display patterns while also issuing safety warnings.

In terms of power, it is equipped with a 2.0TFSI turbocharged engine and a 7-speed dual-clutch transmission. According to official data, the acceleration of 100 kilometers is 6.8 seconds.

Beijing News reporter, Wang Linlin, editor, Xu Chao, proofreader, Zhang Yanjun

Speaking of the most famous model couple in the entertainment industry, Tong Dawei and Guan Yue, who have been married for nearly 13 years, are definitely on the list. This couple has been in love for many years, with two beautiful little princesses and a handsome little prince, and they have slowly grown up…

On April 3, some media released a rare photo of Tong Dawei’s family. The family of five took advantage of the sunny spring day to pick vegetables together.

In the photo, Tong Dawei is wearing a baseball cap, wearing a black cotton-padded coat, holding a basket of vegetables and smiling at the camera. Under the sunlight, his whole body is filled with happiness and warmth.

However, compared to Tong Dawei’s appearance, which had not changed much from before, what was more noticeable was that all three of Tong Dawei’s children had been exposed.

Her eldest daughter, Tong Hanyue, is now 12 years old. She has long hair, a shawl, and a strawberry in her hand. She looks down at the camera slightly.

In particular, her thick eyebrows and large eyes, coupled with her high nose bridge and small oval face, made her stand out in the photos taken at random. It is no wonder that some people think that she looks a little like "Muse" Wang Zuxian. After all, few people have this iconic eyebrow.

I still remember that in a fashion show before, Tong Dawei’s eldest daughter walked on the same stage with Duoduo, Duomei, and Li Yan, which also amazed the audience and was considered to have the aura of a supermodel at a young age.

You must know that Duoduo and Li Yan, the two famous "star second generation", have always been known for their high appearance and good temperament. In this comparison, the eldest daughter is still not defeated, and many people even think that she is more eye-catching, enough to see how high her appearance should be.

In this group of photos, there is also Tong Dawei’s second daughter, who wears black-rimmed glasses, a white T-shirt, and a small braid on her head, looking very well-behaved. Although her sister’s appearance is not as superior as her sister’s, it is slightly ordinary in comparison, but her temperament is also outstanding.

Previously, the second daughter had been invited to interview Robert Downey Jr. In an all-English environment, she was still able to answer fluently without any nervousness. Her excellent performance made the majority of netizens admire her. Not only that, she could draw and write calligraphy at a young age, which could be said to be very excellent.

Moreover, the second daughter is still young, and with time, her facial features will grow, maybe she is also a great beauty that everyone loves.

In addition to his daughter, Tong Dawei’s son also made a rare appearance. He looked very cute with a radish in his hand. From his facial features, he was quite stylish at a young age.

I have to say that Tong Dawei can definitely be regarded as a winner in life. The eldest daughter is beautiful, the second daughter is excellent, and the youngest son is very cute. The family of five is super happy.

Recently, some media revealed that BYD’s Han EV will launch 2023 Genesis models in the near future, and the new car is expected to be listed in early March.

As a modified model, the new car will be upgraded in four aspects: appearance, comfort, chassis performance and intelligence. It is expected that the overall product strength will be improved.

In terms of appearance, the new car will be consistent with the current models in general design. Bright chrome trim strips connected with the narrow and sharp headlights on both sides are common designs of many BYD models, which create a lot of simple atmosphere with the segmented lower enclosure with lower ventilation grille and air guide and the slender and low front.

At the same time, the 506/605km version of the Han EV model that is currently on sale will be upgraded to the Genesis version, and the appearance of the overall car system will remain unified. In addition, the new car will also add a brand-new glacier blue color scheme, and the visual experience will be more advanced.

In terms of interior, the new car will also continue the design layout of the current model. The new car will be equipped with an embracing cockpit design, a dual-frame multi-function steering wheel, an electronic gear lever of "Heart of the Dragon Engine", a 12.3-inch full LCD instrument and a rotatable 15.6-inch suspended central control panel, which is decorated with piano paint trim panels and chrome trim strips. The overall texture is good for many luxury brands of the same level.

In terms of configuration, the new car will be equipped with ambient light, heat pump air conditioner, 5G car, Apple NFC car key, etc. Some models will also upgrade the BSD blind spot monitoring system and other functional configurations, while the flagship model will add steering wheel heating, and the distinguished model will add Dana audio and other configurations.

In terms of power, it is expected that the new car will remain unchanged, and it will provide single-motor front drive and front and rear dual-motor four-wheel drive options. As a reference, the maximum output power of the single-motor model of the current model is 163/180kW, the comprehensive output power of the dual-motor model is 380kW, and the zero-hundred acceleration takes only 3.9 seconds.

In terms of endurance, the new car is equipped with a Ferrous lithium phosphate blade battery pack with a capacity of 64.8/76.9/85.4kWh. The cruising range is 506km, 605km, 610km and 715km respectively, which allows many users to choose according to their own needs and meets the needs of most consumers for medium and long-distance travel.

In addition, in terms of chassis configuration, the new car will also come standard with aluminum alloy suspension, the two-wheel drive version will come standard with FSD variable damping suspension, and the flagship model will also provide DiSus-C intelligent electronic control active suspension configuration options.

There are many substantial improvements in the configuration of the new model after this change, which will also make its comprehensive products more powerful in by going up one flight of stairs, and its cost performance is much higher than that of the old model. If friends have the idea of considering starting, they may wish to wait until the new model is listed before making a choice.

(Note: Some pictures are from network intrusion)

　　　　　　 CCTV News:

　　　　　　 [Keywords:] Hui Nantian

　　　　　　 According to CCTV-13 news channel "News Live Room", since the winter of 2018, it has been raining continuously in many provinces and cities in southern China, and the sun has become a rarity. In response to the continuous rainy days, many southern netizens not only spit out: It is not only the earth that wanders, but also the sun?

　　　　　　 Southern friends call this continuous rainy weather "going back to the south". "Returning to the South Sky" is a weather phenomenon in southern China. From March to April every year, the warm and humid airflow blowing from the South China Sea in China meets the cold air coming from the north of China, which makes the weather in southern China uncertain and very humid, with light rain or fog during the period, resulting in the phenomenon of "returning to the South Sky".

　　　　　　 Now everyone is most concerned about when this "longest rainy season" will end. Sun Jun, chief forecaster of the Central Meteorological Observatory, said that the continuous rainy weather has a great impact on agriculture, and at the same time it has a certain impact on people’s production and life, health and transportation in the southern region. It is expected that the rainy weather in the southern region will continue in early March, and the accumulated precipitation in many places is more than 50% than normal.

　　　　　　 Keywords: Post-holiday rent market survey

　　　　　　 According to CCTV-13 news channel "News Live Room", after the Spring Festival, the rent market in large and medium-sized cities such as Beijing and Hangzhou is more active. Regarding the trend of the national rent market this year, experts said that the housing rental market will remain in a relatively stable state.

　　　　　　 Liu Weimin, a researcher at the State Council Development Research Center, said: "I feel that with the policy orientation of" staying and not speculating "and a series of macro-control policies for housing being put in place, especially the main responsibility of local governments for real estate regulation and control, in some first-tier cities, including some hot-spot second-tier cities, we see that with the completion and launch of relevant policy-based housing products, the overall rental market will show a relatively stable operation trend under these backgrounds."

　　　　　　 [Keywords:] Demolition of "Mountain Villa"

　　　　　　 According to CCTV-13 news channel "News Live Room", recently, some media reported that there were cases of cutting mountains to build villas in Shijiazhuang, Hebei Province. These illegally built villas on 19 acres of land have neither a development certificate nor a sales certificate, but these illegally built villas have already been developed and sold. Once reported by the media, the local reaction was extremely rapid, and the secretary of the Hebei Provincial Party Committee gave instructions, and the villa began to be demolished that day.

　　　　　　 Experts believe that introducing the tertiary industry into rural areas and developing tourism and leisure projects are effective ways to realize the strategy of rural revitalization. With the introduction of tourists, the public health service and infrastructure construction in the surrounding areas will inevitably improve accordingly. However, it is undeniable that due to the lack of strict planning approval and scientific ecological assessment, in recent years, there have been many counterproductive examples in various parts of the country: for example, in order to build luxury villas, the famous scenic spot "Lover Lake" in Erhai Park in Dali was completely landfilled, and the Ciyun Temple scenic spot in Qinglong Mountain, Henan Province also cut down thousands of square meters of trees; In Gaolan County, Lanzhou, more than 10,000 mu of green land has become a desert, resulting in scars that can never be healed.

　　　　　　 In recent years, the tentacles of illegal development of real estate projects have gradually penetrated into poorly regulated and unknown mountainous areas and rural areas from the urban fringe and famous scenic spots. Experts appeal that in order to curb this trend, in addition to strengthening supervision, it is necessary to draw three red lines, namely, the red line of cultivated land, the red line of ecological land and the red line of construction land, and limit development to the red line.

　　　　　　 [Keywords:] online celebrity formaldehyde detector

　　　　　　 According to the weekly quality report of CCTV-13 news channel, in recent years, consumers have paid more and more attention to the safety and comfort of their living environment, especially the air quality in their homes after renovation. Some merchants have seen the business opportunities and introduced formaldehyde detectors which are cheap and easy to carry, and the sales on the Internet are good. Are the test results of these detectors accurate?

　　　　　　 The result is surprising: there are more than 20 brands and more than 40 samples, and none of the formaldehyde detectors in online celebrity have reliable test results.

　　　　　　 According to the reporter’s investigation, the problems reflected in this risk monitoring have attracted the attention of the regulatory authorities.

　　　　　　 Tian Yilong, head of the Metrology Department of Shanghai Municipal Market Supervision Bureau, said: "In fact, from its publicity and the analysis of our test results, there is indeed a suspicion of misleading consumers. In the next step, we will release some corresponding risk monitoring results to the society, and put forward some relevant early warning information to the society, especially consumers. At the same time, we must also urge production enterprises to continuously optimize product design, strengthen quality control and improve product standards. "

　　　　　　 [Keywords:] young people chasing the moon

　　　　　　 According to CCTV-13 news channel Newsweek, in May 2018, Queqiao, the relay communication satellite of Chang ‘e-4 mission, was launched, and Longjiang-2 small satellite went to the moon together, and now it is orbiting the moon. It is equipped with a miniature camera, waiting to receive the signal, which is a group of young post-90 s students of Harbin Institute of Technology.

　　　　　　 Like collecting hand-made, playing games, or obsessed with military weapons, the members of the satellite team are no different from ordinary students, but time is limited, and sometimes they can only ignore these hobbies. Sending the names of favorite singers into space or collecting postcards of "We live for dreams" is their unique romance. Nowadays, this young team has been involved in new projects, and the attention and praise of the media have not changed their pace. The dream of space is long and long, and everything has just begun.

　　　　　　 [Keywords:] selling tickets by height

　　　　　　 According to CCTV-13 news channel Newsweek, is it reasonable and legal for height to be used as the standard of children’s discount tickets? On February 18th, Guangdong Consumer Council filed a public interest lawsuit on behalf of consumers in response to the height standard of children’s tickets of Guangzhou Changlong Group, and Guangzhou Intermediate People’s Court has filed a case for acceptance.

　　　　　　 After investigation by Guangdong Consumer Council, it is considered that the height of 1.5 meters in many amusement places of Changlong Group restricts most underage consumers from buying discount tickets, which is equivalent to "punishing tall people" in disguise, which is unfair and discriminatory to minors who grow tall and fast. It is a legal right for minors to enjoy fare concessions. According to international practice, age should be the criterion for the classification of children’s tickets.

　　　　　　 Therefore, the Guangdong Consumer Council requested that Changlong Group stop "selling tickets by height" and give all underage consumers the preferential treatment they deserve. It is worth looking forward to whether this first domestic public interest litigation for the protection of minors’ consumer rights can break the old rule of "selling tickets by height".

　　　　　　 Keywords: relocation of US military bases

　　　　　　 According to CCTV-13 news channel "News Live Room", on the morning of 24th, Okinawa Prefecture of Japan held a referendum on the relocation of the Futenma base of US troops stationed in Japan. The citizens of the county who voted will express their opinions on whether to support the relocation of the Futenma base of the US military stationed in Japan to the ancient border area in the county.

　　　　　　 The Futenma base of American troops stationed in Japan is located in Ginowan City, Okinawa Prefecture, close to residential areas, and has been criticized for a long time. The Japanese and American governments had previously agreed to relocate it to the ancient border area of Nago City in the prefecture. The people of Okinawa strongly oppose this and hope to completely move the base out of Okinawa. (Editor in Charge/Liu Shan)

Special feature of 1905 film network "What is the biggest secret of China’s atomic bomb? It can be made. " "I believe that the plane is the same, whether it is an engine or a stealth fighter, it can be made."

In the movie, these words played by Zhang Ting and Lei Yu explain the firm and victorious belief that generations of China aviation people have made great powers.

The film portrays the heroic image of a new generation of China Air Force test pilots through starring YiBo, Hu Jun, etc. At the same time, it reveals the history behind the difficult birth of new fighters in China.

After the release of "King of the Sky", a bright report card was handed over: after four days of release, the cumulative box office broke 300 million, ranking as the May 1st box office champion so far. Taobao Film 9.7, Cat’s Eye 9.6, Douban 7.0, ranked first in May 1st, with popcorn index of 97% and IMDb8 score of 8, which was well received by the whole network at home and abroad.

Then, as a film, How was King of the Sky made? In 1905, the film network interviewed the director of "King of the Sky" and listened to him decrypt the behind-the-scenes story of the film from many angles.

It is both a film project and a scientific research project.

Director Liu Xiaoshi is an aviation fan. When he was studying in the director department of Beijing Film Academy, he made a documentary for the aviation industry group. After graduation, he also worked in the aviation industry for 15 years.

Liu Xiaoshi knows the story of the test pilot group and the flight test process very well. He participated in the riveting ceremony of the first screw produced by the J -20 and contacted the J -20 fighter many times. Li Gang, the chief test pilot of the J -20, is also his good friend.

"I am very touched by what happened to the test pilot. It is necessary to make a film about the test pilot to let more people know about such a group and how difficult it is to know the progress of aviation equipment in our country."

The first script of "The King of the Sky" was released in 2019. He and the screenwriter Guiguan spent more than three years repeatedly revising and polishing. "There are about forty scripts with numbers, and there are about one or two hundred scripts without numbers."

Liu Xiaoshi said that this script has a lot of rigorous aviation science logic, which needs to be repeatedly demonstrated with relevant engineers and scientists, and it is a very big challenge and topic to write the story satisfactorily and write the characters with flesh and blood.

Because of his work, he has photographed many planes and accumulated some failed experiences and lessons. Liu Xiaoshi didn’t want to make mistakes again in this film, so he spent nearly a year exploring the previous technology. "I very much hope that there will be a leap and improvement in shooting technology. For example, we used virtual shooting to control the linkage between the background image and the mechanical device by programming. "

The crew also prepared for the production one and a half years in advance. Every aerial scene will not only prepare one shooting plan. "It’s really like scientific research, there are several ABC plans. We did tests in Beijing, Fuzhou, Xiangshan and other places, and the plan was very rich and sufficient. "

In the view of director Liu Xiaoshi, the production of "The King of the Sky" is "both a film project and a scientific research project."

Aviation equipment is growing, and so are people.

"The King of the Sky" is not only a passionate Chinese air force blockbuster, but also a film about growth. "The film is about the growth of a generation of young test pilots and the progress of a generation of equipment. Equipment is growing and people are growing. "

Liu Xiaoshi said that Zhang Ting, the captain played by Hu Jun, was an example for the test flight team. "Zhang Ting voluntarily gave the chief to others, which was very touching to both Lei Yu and Deng Fang. What everyone thinks is very important, Zhang Ting doesn’t care at all, because he wants to inspire everyone to compete and improve their ability. Only through these experiences can Lei Yu and others really grow up.

Including the sacrifice of Zhang Dadui. He told Lei Yu who would jump first, but Zhang lied to him. Because someone must fly the plane out of the city and land in no man’s land, in order to skydive completely. This is all an inner influence on a person, which enables Lei Yu to grow up. "

In the film, Lei Yu and Deng Fang changed from competitors who looked down on each other to working together to accomplish difficult tasks, and became real comrades-in-arms. The formation of this friendship is also very moving in Liu Xiaoshi’s view.

Repeated trials and transformations have given Lei Yu a complete growth line. Among them, when he made a mistake, he was sent to pack an umbrella, which is rare in similar air force movies, which stems from the advice provided by the air force leaders. Before shooting, Liu Xiaoshi led the creative team to visit the umbrella bag room, and saw that the umbrella bag man, like a skilled craftsman, carefully filled a messy rope into the umbrella tube, which inspired him.

"Once there is a small negligence in the process of umbrella packing, it may have a particularly great impact on the landing and safety of the aircraft. At that time, we felt that this was very important for the growth of the characters, so we wrote it in the story. " The process of learning to wrap an umbrella made Lei Yu understand his mission better, and inspired him to design ideas to alleviate the problem of airplane spin.

As a new actor, Lei Yu played by YiBo brought many surprises to Director Liu Xiaoshi. "Now Lei Yu, YiBo is very suitable, he should play such a person. Yibo is a very polite and thoughtful person, and so is Lei Yu. "

"He is a very sensitive actor and enters the situation quickly. When he played many plays for the first time, I was quite surprised. Many details were entirely his own play. " For example, in the first scene of filming, Lei Yu fell into the sheepfold. "After he pulled out from under the umbrella, he looked at the sky. At this look, I think he can do it, completely putting himself into the situation after a pilot fell into the sheepfold. "

"In the more than 100 days we filmed, he was never late once, and he was very dedicated every day. No matter whether it was dangerous or suffering, he did not give a discount to carry out it." Liu Xiaoshi recalled.

Write stories about China people and don’t blindly imitate western movies.

The test pilot is a dancer on the tip of a knife and a warrior in the blue sky. Only when they break through the limits again and again can they try out the limits of new planes and explore new fighters that roar in the sky.

"The biggest difference between a test pilot and a front-line combatant is that one has to beat himself and the other has to beat his opponent. The target of frontline combatants is the enemy. The test pilots should improve their flying ability and aviation theory knowledge, and overcome their fears. " There is a line in the movie that says, "The new generation of test pilots are designers and engineers who can fly." They should know not only actual combat and theory, but also design technology.

Liu Xiaoshi believes that only by approaching the current test pilot group, feeling, seeing and observing can we write their stories well. "We must write China people’s own stories, and we can’t blindly imitate western movies. They ride motorcycles, and we also ride motorcycles in movies, but China soldiers don’t; They go to the bar, so do we. Our troops are not like this. "

The film has a hopeful ending. Instead of captain Zhang Ting, Lei Yu flew by on the football field, realizing Zhang Ting’s son’s wish. The growth story of Lei Yu and the younger generation and their dream of flying are still going on. Liu Xiaoshi revealed that "The King of the Sky" does not rule out the plan of making a sequel.

He hopes that the audience can understand the spiritual outlook of contemporary young test pilots and soldiers through King of the Sky, so that more and more people can understand the difficulties behind the development of China’s aviation industry and inspire the next generation to embrace the beautiful ideal of loving flying.