BEIJING, Beijing, June 8 th On the 8 th, the national college entrance examination in 2024 entered the second day, and the college entrance examinations in some provinces will end today. At present, Gansu, Hubei, Jiangxi, Chongqing, Guangdong and other places have announced the time of the college entrance examination.

　　On the first day of college entrance examination, the essay topic is hotly debated.

　　On the 7th, the 2024 college entrance examination officially kicked off. According to the Ministry of Education, the number of applicants for the national college entrance examination reached 13.42 million in 2024. There are 7,926 test sites, 359,000 ordinary test sites, 22,000 standby test sites and 1.07 million invigilators.

　　After the first Chinese exam in the morning, the composition topic of the college entrance examination once again occupied a hot search.

　　In 2024, the Education Examinations Institute of the Ministry of Education ordered a total of three sets of Chinese examination papers for the national college entrance examination, namely, the national A-volume, the new curriculum standard I-volume and the new curriculum standard II-volume, plus the Beijing-volume, Tianjin-volume and Shanghai-volume. At present, there are six sets of composition questions.

　　This year, artificial intelligence, aerospace, and WeChat friends circle have all entered the composition topic.

　　The writing test "Answers and Questions" in Volume I of the new curriculum standard focuses on the number of questions under the background of the popularity of the Internet and the application of artificial intelligence, so that students can choose the right angle, determine their ideas and write their own thoughts.

　　The national A-volume writing test mentioned that "honest communication is likely to usher in a real encounter", so that candidates can explore what kind of association this test triggered.

　　Announce the time of the college entrance examination in many places

　　The start date of the national college entrance examination in 2024 is June 7, but the examination schedules are different in different places, and the end time of the college entrance examination is not consistent.

　　Shaanxi, Henan, Sichuan, Inner Mongolia and other provinces will end the college entrance examination on the afternoon of the 8th. In addition, college entrance examinations in many provinces will be closed on the 9th and 10th.

　　For example, Guangdong, Jiangsu, Anhui, Shanghai, Chongqing and other provinces will end all exams on the 9th. Beijing, Tianjin, Gansu, Shandong, Zhejiang and other provinces will end the exam on the 10th.

　　At present, some provinces have announced the query time of the results of this year’s college entrance examination. Gansu, Hubei, Jiangxi, Chongqing and Guangdong all revealed that the results of the college entrance examination are expected to be announced around June 25th.

　　In addition, some provinces have given the approximate time range of the score. According to the introduction of Shandong Education Admissions Examination Institute, the original scores of national unified college entrance examination subjects and the conversion scores of ordinary high school level examination subjects were announced before June 26th.

　　Candidates in these areas should pay attention to high temperature and rainfall.

　　The weather conditions during the college entrance examination are also the most concerned by candidates and parents. According to the forecast of the meteorological department, some areas may face the test of heavy rain and high temperature in the next few days.

　　According to the China Meteorological Bureau, there will be scattered moderate to heavy rain in Guizhou, South China and most parts of the south of the Yangtze River from July 7 to 10, among which there will be local heavy rain or heavy rain in central and southern Guizhou, Guangxi, southern Hunan, southwestern Jiangxi, western Fujian and northern Guangdong, accompanied by strong convective weather such as short-term heavy precipitation or thunderstorms.

　　In terms of temperature, there will be hot weather in central and southern North China, Huanghuai, western Inner Mongolia, Xinjiang and other places from August 8 to 13. After 10 days, the high temperature will be significantly enhanced, and the temperature in southern Hebei and parts of Henan will exceed 40 C.

　　China Meteorological Bureau reminded that during the college entrance examination, it is necessary to guard against the possible adverse effects of strong convective weather on the exam, and candidates should take precautions against rain and wind.

Editor’s Note: This article is from WeChat WeChat official account’s "FBIF Food and Beverage Innovation" (ID:FoodInnovation), by FBIF, published by 36Kr with authorization.

Author: lamb

Editor: Momo

There is a classic line in "The Best Life of a Spoiled Woman": How can you eat Bunny, Bunny is so cute?

Qi Wei, a rabbit eater, once described the rabbit head to Xiao S in a variety show: delicious and fried. She describes how to eat the rabbit’s head while doing actions-first of all, you have to break the rabbit’s chin completely from this position. Amway has invited many netizens to try to eat the rabbit’s head.

The love for rabbits has been integrated into the blood of Sichuanese. It is reported that Sichuan people eat more than 200 million rabbit heads every year [1]. With the development of tourism, rabbit’s head has been included in the must-eat list of Sichuan tourism and has become one of the soul foods in Chengdu. Rabbit head, a delicacy that once could not leave Sichuan, began to be accepted by more tourists from all over the country.

In addition to the rabbit head in Chengdu, Changsha tasty shrimp and Wenzhou lard residue ……………………………………………………………………………………………………………………………………………

In the past May Day this year, there were 230 million domestic tourist trips, and the tourism market reappeared the scene of "people following the crowd". In addition to the hot spots, the food punch points are also crowded with people. In Changsha, someone in Wenheyou ranked more than 7,000 people one day in advance.

The unique meat food not only made tourists enjoy themselves at that time, but also made many people forget it. After the trip, they would also buy similar products online to "relieve their cravings". Therefore, in the form of pre-packaged snacks, expanding to a larger sales area through online and offline channels has become an inevitable way for local meat food to develop and grow.

Nowadays, duck neck, chicken feet and other categories have successfully gone to the whole country, and the brand of "King" has begun to appear. For example, Tmall flagship store in Zhou Heiya has 3.91 million fans, and the best-selling boxed duck neck has a monthly sales of 300,000+. So, what other meat dishes are likely to be nationalized? How to locate the brand and build products when the local flavor is nationalized?

In fact, meat snacks with local flavor are not new. Zhou Heiya and Juewei used to be local flavors, and after continuous expansion, they have become the favorite foods of the whole country. In Tmall’s consumption trend of halogen products in 2020, it can be seen that some minority meat foods are becoming hot, such as rabbit meat, donkey meat and other categories show rapid growth [1].

Nowadays, local meat snacks with full flavor are also trying to "get out of the circle". Rabbit Cold, Xiao three old ladies, Miss Fu and other cold-eating rabbit brands have successively entered the live broadcast room in Li Jiaqi. According to Xiao three old ladies’s founder, Xiao three old ladies’s sales increased by 100% through cooperation with Li Jiaqi Live [3]. Donkey brand is not stubborn. It appeared in the audition of "The Voice of China" in Hubei Division, and was recognized and purchased by more users.

The richness of meat snacks comes from the combination of technology, ingredients and tastes: by processing different parts such as head, neck and internal organs with sauces, salt baking and frying, products with varied flavors can be processed with spicy, spiced and rattan pepper. The diversity of food culture in China provides more possibilities for the research and development of leisure meat products.

What are the potential stocks of the popular flavor meat?

When it comes to Sichuan, you can’t get around the word gourmet. In addition to hot pot, skewers and roadside stalls, there are many mouth-watering foods in the snack bar. Rabbit meat, fat sausage and light shadow beef are among them.

rabbit meat

It is said that no rabbit can leave Sichuan alive. Although many people thought at first: Bunny is so cute, how can you eat Bunny! But when the rabbit meat enters the mouth, the delicious taste and complicated eating experience make people can’t help saying: It’s delicious! Rabbit meat has a certain "earthy taste", which is not suitable for stewing or soup. The spicy taste of Sichuan food can just cover up the lack of taste and give full play to the tight taste of rabbit meat.

Rabbit meat has the reputation of "the essence of meat" and "beauty meat". It has high protein content, low fat and low cholesterol. Compared with pork, eating rabbit meat is not easy to gain weight. In 2019, China’s rabbit meat market was 29.099 billion yuan, up about 12% year-on-year [3].

At present, brands such as Tan Baye and Rabbit Chilling have been produced in prepackaged foods, and products such as rabbit legs, rabbit heads and diced rabbits have been developed. Products are mostly in the form of short warranty, which expands the sales scope while maintaining the flavor. Only the rabbit leg products with small cold brand sold more than 800,000 bags on Tmall platform from September 2018 to April 2021.

In addition to rabbit head, Sichuan’s special cuisine also has fat sausage, and Sichuan Jiangyou fat sausage is the most famous. Chen Xiaoqing, the general director of China on the Tip of the Tongue, once said: Jiangyou is the hometown of fat sausage all over the world, and the best fat sausage in China is Jiangyou. There is a certain amount of fat in the fat sausage, and the meat is tough. For those who love fat intestines, this delicious and chewy taste is hard to give up. Yang Di, the star, has lived a fat life many times in different programs.

Cold Wang, Shixiang and other brands launched Jiangyou Feichang prepackaged foods. In addition to making snacks, consumers have also invented many ways to eat, such as making a bowl of authentic fat sausage noodles/noodles as a partner of noodles and powders.

Dengying beef is one of the delicacies in Dazhou, Sichuan. According to legend, after Yuan Zhen, a poet in the Tang Dynasty, was demoted to Tongzhou (now Dazhou), he went to a hotel for a drink one day and found that the beef tasted thin and had no residue at the entrance, which was quite appreciated and was immediately called "Dengying Beef".

The traditional Dengying beef is made of beef hind leg tendon meat, which is very popular because of its thin paper, bright red color, spicy and crisp taste. Using the image metaphor of shadow play, consumers can feel that the meat slices are so thin that they can reveal objects under the light, just like the curtain in shadow play.

The early Dengying brand beef was a representative brand of the category. Dengying beef in its heyday was once a state banquet item designated by the Great Hall of the People and Diaoyutai Hotel, and was also given to foreign friends as a gift. However, due to the neglect of brand management, Dengying beef gradually evolved into a common name of finished products, and the influence of Dengying brand weakened.

Nowadays, in addition to local brands such as Bangbangwa and Chuanhanzi, brands such as Liangpin Shop and Laiyifen have also launched related products. The products are mainly shredded beef products, but they do not reflect the characteristics of Dengying beef.

Lard residue and fat residue are similar in technology. They are all processed by degreasing, squeezing and seasoning pork. They are called lard residue in Wenzhou and fat residue in Qingdao. The product retains the crisp feeling of meat, combines fat and thin, and is fragrant but not greasy. The raw materials are mostly fat and thin strips of meat. Too much lean meat tastes like firewood, and too much fat meat will be greasy.

Although lard residue/fat residue product is processed from pork, consumers evaluate it as crisp, fragrant and not greasy. Lard residue/fat residue broadens the eating scene of pork in the form of snacks, and at the same time, it can also be used as a seasoning for rice, noodles and other meals, and can be used to mix noodles and rinse hot pot.

At present, lard residue/fat residue products are mainly consumed by local people. Wenzhou and Qingdao have their own representative brands, and Wenzhou Jinenfanti carries the food memories of Wenzhou people. Qingdao Zheng Zhuang and Li Ji are representatives of fat residue, and Zheng Zhuang brand has also won the honorary title of Qingdao Top 100 Must-Eat Merchants.

When it comes to Jingjiang, you may not have much impression. But when it comes to pork breast, students who have eaten it will never forget the salty and delicious taste. Dried pork is a special food in Jingjiang, which is agate and ruby in color, square in shape and as thin as paper. In 2018, "Jingjiang Pork jerky" was recognized as a national geographical indication certification trademark.

Jingjiang pork jerky is very particular about the choice of meat. The pure lean meat of fresh pig hind legs is used as raw material, and then sliced into thin slices, seasoned, baked and other processes to become thin and bright dried meat. When it is torn, the pork texture can be seen.

Established in 1936, the representative brand of Jingjiang pork jerky, Pisces, is an old-fashioned brand certified by Jiangsu, and is also one of the units that formulated the national standard GB/T 31406 of "Meat jerky". Its processing technology of meat jerky was rated as the cultural heritage of Jiangsu Province. Many foreigners will choose Pisces pork jerky as a gift to take home when they come to Jingjiang. Chu Jieming, chairman of Pisces, once explained the tasting steps of authentic double-fish breast with great interest: "Take a piece of meat breast, tear it according to the muscle texture, put it in your mouth, chew it slowly, taste it carefully, and add a cup of warm tea, and you will feel the fullness and mellow aftertaste of the meat breast."

Taste is also an important innovation direction of pork jerky. In addition to the original flavor, innovative flavors such as honey pork flavor, spicy flavor, sesame flavor and XO sauce were introduced, which enriched the choice of preserved pork.

Goose can often be seen in Hong Kong films about street life. Braised goose is a special snack in Chaoshan area of Guangdong province, which has a strong mass base. Chaoshan people who are employed in Guangzhou will eat braised goose once every two weeks [4].

The Internet catering project "Braised Goose in Things" established in June 2016 is a new brand based in Guangzhou, focusing on Chaoshan Luwei. Wuzhi braised goose is positioned as a chain brand of community braised fresh food, and the brand of braised goose is built with standardized operation mode. At present, there are nearly 50 stores in China, and there are also brand flagship stores in Tmall.

Braised geese are mainly served with meals. At the same time, ready-to-eat snack products such as goose head, goose wing and goose web are added to the product line layout, and consumers’ choices are increased in scenes such as afternoon tea snacks and outings.

At present, braised goose products are mainly concentrated in the Pearl River Delta region. Chicken and duck have produced category giants, but braised goose has no national brand at present. Finding an accurate product positioning, braised goose may also go from the Pearl River Delta to the whole country, just like Wang Laoji herbal tea.

As the saying goes, "Dragon meat in the sky, donkey meat on the ground" is the highest praise for donkey meat. The protein in donkey meat is as high as 27g/100g, and the contents of 8 essential amino acids and 10 non-essential amino acids are very rich, including unsaturated fatty acids and trace elements such as calcium, magnesium, iron and selenium. According to "Compendium of Materia Medica", "Donkey meat nourishes the blood, cures the old age damage, cooks the drink, strengthens the foundation and cultivates the yuan".

Donkey meat is mainly used in catering industry. In addition to the well-known burning of donkey meat in Hebei, Dunhuang donkey meat yellow noodles and Hunan griddle donkey meat are also local delicacies. However, the output of donkey meat is lower than other meats, and there are fewer prepackaged products.

Bujue, a brand of donkey meat snacks, was established in August, 2020. It is a brand focusing on healthy food of donkey meat, and has launched a series of snack products such as hand-torn donkey meat, roasted donkey meat, sauce and brine. At present, I am not stubborn and settled in the box horse fresh life, and I have grown into the top three snacks made of box horse meat. While laying out channels, brands reach potential consumers through live broadcasts, which have appeared in big V live broadcast rooms such as Christy Chung, Julian Chen and Lieer Baobei, and let more people know about the category of donkey meat snacks.

Zhoushan, Zhejiang, Ningbo and other places are rich in small yellow croaker. The small yellow croaker crisp, which was made from small yellow croaker, removed the head and internal organs, and replaced frying with low-temperature baking technology, retaining the high nutrition of small yellow croaker. The product emphasizes crispness, less thorns, no fishy smell, no biting when eaten, and the product is rich in protein.

Image source: Xingzaidao flagship store

The high-quality characteristics of yellow croaker crisp are being discovered. Some bloggers in Xiaohongshu recommend small yellow croaker products, which mainly focus on low calorie, high protein, non-fried and other interests, and become a gluttonous snack choice during weight loss. You can also see the small yellow croaker crisp on WeChat WeChat official account, Tik Tok and other platforms. There are many stars in Tik Tok, and online celebrity is calling for the yellow croaker crisp.

At present, the consumption of small yellow croaker crisp is mainly local. Based on the improvement of consumers’ health demand, the processing technology of baked fish represented by yellow croaker crisp may usher in new opportunities.

Dalian is a charming coastal city, known as "the window to the northeast" and "the pearl of the north". Shrimp scallop is one of the specialties of Dalian, and it is also one of the most representative aquatic products in Dalian. 90% of the scallops in China come from Dalian.

In 2010, Dalian scallop was recognized as a geographical indication product of agricultural products by the Ministry of Agriculture. Besides the high content of protein, the Japanese scallop (Chlamys yessoensis) is also rich in unsaturated fatty acids EPA and DHA. Seafood products are limited by geographical location. Shrimp scallops in the form of snack products can increase scallop consumption channels, expand consumption scenarios and reduce dependence on cooking.

At present, brands such as Liangpin Shop and Baicaowei have also introduced scallop products. Judging from the consumer evaluation, the slightly higher price and small weight are the points that the product has been criticized. If the brand can be adjusted and the products can be optimized, there is still a great market space for scallop snacks.

Changsha is a hot city in online celebrity in recent two years. There are 79w+ notes about Changsha in Little Red Book’s "City List", and Changsha won the national championship in 2020. On May 1st this year, Changsha ranked second in the national hot list of Zhihu.

Tasty shrimp is one of the representative cuisines in Changsha. After stir-frying with spicy sauce, its color is bright and red, and its taste is spicy and fresh. It is very enjoyable, and it is deeply loved by those who are fond of spicy and heavy taste. Tasty shrimp is the main product of roadside stalls and midnight snack stalls, and it also gives birth to special shops such as Meiyuan and Wenheyou.

At present, the taste shrimp is mostly eaten in the hall, and as a food with great flavor, the taste shrimp is gradually changing to prepackaged foods. Products such as spicy shrimp tails and whole shrimp have been launched in Wenheyou Tmall flagship store, but they still need to be thawed and heated for consumption. Based on nitrogen-filled fresh-keeping technology, the development of ready-to-eat tasty shrimp products is promising, which can bring more convenient eating experience to consumers.

Local flavor food has great potential in taste and nutrition. The success of brands such as Zhou Heiya, Youyou and Jinzai has given local meat snacks hope for development and growth. However, due to the reasons of technology, channels and promotion, compared with duck neck, pickled chicken feet and other categories, there are still several hurdles to cross.

First of all, the taste of the product should be able to "reproduce" the flavor of the restaurant. Whether it’s a traveler who wants to taste his hometown or a tourist who is obsessed with prepackaged snacks, taste is an important reason for consumers to judge whether they will repeat purchases and share recommendations. In the user evaluation of some local specialty foods online, you can often see descriptions of "the same as those eaten locally" and "very authentic".

At the same time, in the process of nationalization, brands should control the quality of products, do a good job in supply chain management, ensure the stability of product quality, and carefully replace raw materials that affect the flavor of products, such as peppers and peppers, and must not lower the requirements for product quality in pursuit of low cost.

It can not only ensure the taste, but also give consideration to the shelf life and transportation and distribution, which requires the brand to optimize the technological process and maximize the benefits on the basis of maintaining the traditional flavor.

Secondly, can you dig out the interests that users pay attention to? For some categories that users are not paying attention to at present, this point should be paid more attention to. Take small yellow croaker crisp, scallop and so on as examples. In addition to being tasty products, the high protein cognition of seafood products can make the products add the label of diet replacement and high nutrition, which can further expand the consumption scene of the products.

Thirdly, strengthen the publicity and promotion of categories, so that categories can move from the small crowd to the public. The reason why many local cuisines are difficult to get out of the local area is because there is an acceptance threshold for products. For example, silkworm chrysalis, as a product with rich nutrition and distinctive flavor, is deeply loved by people who love it, and shunned by people who don’t, which makes it difficult for this kind of products to go out of the circle, and more is confined to the small circle of enthusiasts. Similarly, like rabbit head, fat sausage, donkey meat and other categories, ordinary consumers are not familiar with the products, and will also have certain psychological obstacles. Brands need to dispel their concerns through communication guidance and make products acceptable to more consumers.

In addition, the development of the category can not be separated from the collaborative management and support of the government, and the help of the government can make the category better survive the fragility in the bud and grow faster. China on the Tip of the Tongue made more consumers know about snail powder. A series of measures taken by the Liuzhou government have added fuel to the flames, making snail powder rapidly grow into instant food with a scale of over 10 billion. In 2014, the first pre-packaged snail powder brand was registered, which marked that Liuzhou snail powder entered the stage of industrial production from the era of manual workshops. Liuzhou government is determined to scale and standardize snail powder, so as to create a business card of Liuzhou. In addition to the promulgation of policies such as "Implementation Plan for Liuzhou City to Vigorously Promote the Upgrading and Development of Liuzhou Snail Powder Industry", in 2016, Liuzhou Municipal Government invested in the construction of snail powder industrial park, gradually improved the upstream industrial chain, deployed specialized breeding bases, and promoted the further mature development of the industry.

Similarly, in the development of Jiangyou fat sausage, we also saw the strong support of the government. In June 2014, the Propaganda Department of Jiangyou Municipal Committee and the Municipal Agricultural Office decided to develop Jiangyou fat sausage food at room temperature. In 2016, canned Jiangyou fat sausage and vacuum bag of fat sausage were put on the market successively. In December, Jiangyou fat sausage standardization implementation plan was announced, and Jiangyou fat sausage entered the stage of standardized food from catering.

Although these local flavor meat snacks can be found in their own geographical world, for users outside the region, they either know little about the products or have misunderstandings about them, and there may be such questions in their hearts: Can they eat, are they delicious, and what are the benefits of eating them? In order to dispel users’ concerns, brands need to constantly spread products in a variety of media forms.

At the same time, in the process of nationalization, new brands should form a clear category image and establish category relevance in consumers’ minds. When they think of duck neck, they think of delicious and Zhou Heiya, and when they think of pickled peppers and chicken feet, they think of friends, which will help reduce the cost of trial and error for users.

A common problem in snacks of leisure meat products is that there are categories without licenses. Even the snack brands such as Liangpin Shop and Three Squirrels, because the product lines involved are too long, the attribute characteristics of a single product are not obvious. This also causes that when consumers want to choose a certain product, there is no first brand to choose from.

This situation is just a good opportunity for innovative categories. Brands can operate through a single category, create explosive products, establish mental connections in consumers’ minds, and become consumers’ first choice in this category. Take Wang Xiaolu as an example. Although it has other products, it is basically based on natural flow and does not actively promote it. Instead, it concentrates on constantly building consumers’ awareness in the vertical category of tiger skin and chicken feet, which provides a brand foundation for the rapid development of tiger skin and chicken feet.

In recent years, many innovative brands have built their brand influence through this model, such as the loose powder of Hua Xizi, the mascara of Little Odin, the little fat bottle of WonderLab, etc., all of which are based on the user’s mental status by creating a single explosion.

For a relatively small category, creating a "online celebrity" can help categories and brands break the circle more quickly. Whether it is a content platform such as Little Red Book and Tik Tok, or a live broadcast platform with sales transformation, the vivid description of KOL can better convey the flavor characteristics, eating methods, taste and taste, nutritional value and other information of products. A relatively objective third-party KOL is also more likely to be recognized by users.

The fish chip products in the food inspection room, such as Little Red Book, WeChat, Tik Tok and other content platforms, won the first batch of consumers through KOL guidance. In the communication, it is clear at a glance to show the oil content of potato chips and fish crisps with oil-absorbing paper, which is very conducive to the spread of product concepts, stimulating users’ interest and bringing about transformation.

Some brands of meat products and snacks, such as Bujue and Leng Bunny, began to enter major live broadcast rooms, and with the influence of big anchors, they radiated to more consumer groups. Through the combination of various media channels, a wide range of "planting grass" information coverage is formed, which enhances the "prosperity" of the category and attracts consumers to try to transform.

In the book Sense of Participation, it is mentioned that building a sense of participation means opening up the process of making products, services, brands and sales, allowing users to participate and establishing a brand that can be touched, owned and grown together with users. Brands that give consumers a sense of participation often gain more support and tolerance from users, become loyal fans of the brand, and become the "tap water" for brand communication.

For example, Wang Xiaolu pays attention to the participation of consumers. The brand has a WeChat evaluation group of 200 people, all of whom are "national first-class foodies" with high standards and strict requirements for products. Four or five new products are evaluated every month, and the most potential products are screened out. This community also provides loyal seed users for Wang Xiaolu, helping the brand to continuously optimize its products.

Food has no boundaries. With the great migration of population and the rapid development of network sharing, regional meat snacks, whether in the status of "hometown flavor" or "online celebrity cuisine", have the opportunity to become the next "Zhou Heiya" when they are loved and accepted by more and more consumers. When you are tired of eating duck neck, you might as well have a rabbit head and feel a different flavor world.

Reference source:

[1] Chinese chews off 500 million rabbit heads a year, accounting for one-fifth of imports, on July 23, 2014, Huaxi Dushi Bao.

[2] Report on Consumption Trend of Halogen Products Industry in 2021, CBNData× Tmall.

[3] Tmall 618 locks the home court! Sichuan industrial belt borrows Taobao live broadcast, and the sales of Sichuan wine live broadcast increases by 20 times. On July 2, 2020, Sichuan e-commerce

[4] After enjoying tea, there is another phenomenal queuing shop with a daily income of more than 20,000. What does this braised goose rely on? November 22, 2017

Take-out headlines

　　Original title: The expansion and upgrading of Line 13 and the completion of the first shield tunnel will build a shortcut for Huitian area and Haidian Software Park.

　　After the capacity expansion and upgrading project of Beijing Metro Line 13, the tunnel between Changcun Station and Xinlongze Station was completed on August 15th, which is also the first tunnel section opened by Line 13. At present, the main structure construction of the new section of the capacity expansion and upgrading project of Line 13 has entered the stage of full sprint.

　　On the morning of August 15th, at the construction site of Houchangcun Station, the shield machine that has just completed tunnel excavation has stopped firmly in the receiving well. After dismantling, it will be transferred to continue the shield construction from Houchangcun to Software Park.

　　The capacity expansion and upgrading project of Line 13 is the largest existing line reconstruction project in China. The relevant person in charge of the 14th Bureau of China Railway, the construction unit, said that the through tunnel spans Changping and Haidian districts, and there are many underground pipelines along the construction line and the construction environment is complicated. Since its launch in October 2022, the maximum settlement data of two shield machines have been controlled within 2 mm in the process of crossing the first-class risk sources such as Beijing-Xinjiang Expressway ramp and Houchangcun Road for a long distance, and the road surface has not been deformed, and the traffic above has not been affected.

　　The capacity expansion and upgrading project of Line 13 is in the existing Xi ‘erqi-Long Ze-Huilongguan Station section of Line 13, with 19 new stations, 29 kilometers of new lines and 34 kilometers of reconstructed lines. From the route map, the project is to split the inverted U-shaped line of the existing Line 13, and build the "X"-shaped east and west transverse lines between Line 16 and Line 17, respectively, from Chegongzhuang via Xizhimen and Xinlongze to Tiantongyuan East, connecting the western section of the existing Line 13, Tiantongyuan and Huilongguan areas; From Malianwa Station of Line 16 in Haidian District to Dongzhimen Station via Xinlongze, it connects Shangdi Software Park, Huilongguan, Tiantongyuan and the eastern section of Line 13 in series. The split two lines have the conditions of interconnection and intercommunication, and at the same time, the cross-line operation conditions are reserved, which can realize cross-line organization and operation.

　　According to the relevant person in charge of the Municipal Major Project Office, after the completion of the capacity expansion and upgrading project of Line 13, it will effectively solve the problems such as poor return conditions of trains at Xizhimen terminal, inability to shorten the departure interval and crowded cars on Line 13. Build fast travel conditions between Tiantongyuan area in Huilongguan, Changping District and Haidian District Software Park area, and focus on strengthening the connection between large residential groups in the north and Shangdi Software Park, Zhongguancun and other employment-concentrated areas, greatly shortening the travel time between regions and improving the travel efficiency of citizens along the line. At the same time, it will further improve the rail transit network in the northern region and improve the rail transit service level.

　　According to the relevant person in charge of the Second Branch of the Beijing Railway Company, the capacity expansion and upgrading project of Line 13, as a "smart site" demonstration line of Beijing rail transit, uses the "smart site" management system in the whole construction process, effectively improving the safety and quality management level of the construction site and ensuring that the construction production is always in a state of controllable safety and quality. (Li Bo)

March is in the early spring, the weather is changeable, sometimes cold and sometimes warm, and the temperature difference between day and night is large. All kinds of respiratory infectious diseases are still in the high-risk season. After the Spring Festival, all kinds of schools have started school one after another, with frequent personnel flow and contact, and at the same time, the temperature has risen, the number of people going out for an outing and traveling has gradually increased, and the chances of infection of various infectious diseases have increased. Xi ‘an CDC reminds the general public to take precautions against Covid-19 infection, influenza and other respiratory infectious diseases and norovirus-infected diarrhea, and to do personal protection when going out for an outing and traveling, so as to travel safely and healthily.

Prevention of novel coronavirus infection

At present, COVID-19 infection in Xi ‘an is still at a low epidemic level. As a popular tourist city, Xi ‘an has a large number of foreign tourists, and the gathering of people provides favorable conditions for the spread of the virus. The general public should be the first person responsible for their own health, maintain good personal hygiene habits and prepare necessary protective equipment.

Health tips

1. Do a good job of personal protection. Wear a mask scientifically, keep a social distance, and wash your hands frequently, often ventilate and gather less. Open windows regularly at home and workplace for ventilation, and do a good job in daily hygiene of the room. When taking public transportation such as airplanes, high-speed trains, trains and air-conditioned buses, you should wear masks and keep your hands clean.

2. Daily health monitoring. Pay close attention to your family and your own health every day. When you have symptoms of Covid-19 infection, such as fever, cough, fatigue, sore throat and decreased sense of smell and taste, try to reduce your outdoor activities as much as possible, avoid going to school or work with illness, and go to a fever clinic in a nearby hospital as appropriate.

3. Actively vaccinate. XBB mutant in Covid-19 is currently the main epidemic strain in China. It is suggested that the elderly aged 60 and above or the key population aged 18-59 with serious basic diseases, people with low immune function and people with high risk of infection should be vaccinated with Covid-19 vaccine according to conditions, and COVID-19 vaccine containing antigen components of XBB mutant should be given priority.

4. Enhance your own immunity. Improving one’s own immunity is an important means to prevent various diseases. Please keep regular work and rest, exercise properly, eat properly, maintain a good attitude and adhere to a healthy and civilized lifestyle.

Prevent influenza

Influenza is an acute respiratory infectious disease caused by influenza virus, which has the characteristics of short incubation period, strong infectivity and rapid spread. It is mainly spread through droplets in the air, and may also spread through close contact between people. Clinically, it is mainly manifested as high fever, headache, limb pain, fatigue and upper respiratory symptoms accompanied by runny nose and cough. People are generally susceptible and have certain immunity after illness. March is still in the flu season, so the general public should pay attention to protection and avoid infection.

Health tips

1. Develop good personal hygiene habits. When coughing or sneezing, cover your mouth and nose with paper towels and towels. Wash your hands before and after meals and after touching dirty things, and try to avoid dirty hands touching your mouth, eyes and nose.

2. Open the window regularly and ventilate several times every day to keep the indoor air fresh. During the peak epidemic period, people should avoid going to crowded places. If there are related symptoms, they should seek medical advice in time, stay at home as much as possible, and go to work without illness to reduce the spread of the disease.

3. Vaccination against influenza is one of the most economical and effective prevention and control measures to prevent influenza and reduce the burden of influenza disease. Anyone over 6 months old who is willing to vaccinate and has no contraindications can voluntarily vaccinate against influenza at his own expense.

Prevention of other respiratory infectious diseases in spring

Respiratory infectious diseases are infectious diseases caused by viruses, bacteria, mycoplasma and other pathogens, which are mainly transmitted through the respiratory tract. The weather in spring is changeable, the temperature difference between morning and evening is large, and the immunity of human body is relatively low, which is particularly vulnerable to the invasion of pathogenic microorganisms and causes respiratory diseases. Besides COVID-19 and influenza, common respiratory infectious diseases in spring include mumps, chickenpox, measles, rubella and scarlet fever. Different respiratory infectious diseases have different clinical manifestations, mainly including fever, sore throat, headache, cough, expectoration, rash and fatigue. Collective units such as kindergartens, schools and nursing homes are at greater risk of cluster cases, which need to be paid attention to.

Health tips

Although the clinical manifestations are different, the modes of transmission of respiratory infectious diseases are mainly through air and contact, so the methods to prevent various respiratory infectious diseases are also common, including the following measures:

1. Maintain good personal and environmental hygiene, wash your hands frequently and pay attention to indoor ventilation and cleanliness. Drink more boiled water, strengthen outdoor physical exercise and improve your immunity.

2. During the peak epidemic period, people should avoid going to crowded places, and wear masks in public places such as hospitals, subways, buses and shopping malls to avoid excessive fatigue and catching cold. When coughing or sneezing, you should cover your mouth and nose with handkerchiefs and paper towels to avoid the spread of droplets. If you have related symptoms, you should seek medical attention in time, reduce contact with others and try to rest at home.

3. Schools and kindergartens should focus on preventing respiratory cluster cases or outbreaks, and strictly implement prevention and control measures such as morning and afternoon check-up, missing classes due to illness, ventilation and disinfection, etc. Once a cluster epidemic occurs, it should be reported to the health and education departments in a timely manner.

4. Vaccination is a very effective protective means to prevent all kinds of respiratory infectious diseases. For infectious diseases with vaccine prevention, such as measles, chickenpox and mumps, children, the elderly and other susceptible groups should be vaccinated in time and in the whole process according to the relevant vaccination requirements.

Prevention of Norovirus Infectious Diarrhea

Norovirus is a common pathogen that causes cluster diarrhea/acute gastroenteritis in schools and kindergartens. The main symptoms are vomiting in children and diarrhea in adults. Norovirus spreads in various ways, mainly through ingestion of food or water contaminated by feces or vomit, contact with patients’ feces or vomit, inhalation of aerosol generated during vomiting, and indirect contact with articles and environment contaminated by feces or vomit. At the beginning of the school season, norovirus infection has entered a period of high incidence, so schools and kindergartens should focus on it and take protective measures.

Health tips

1. Maintaining good hand hygiene is the most important and effective measure to prevent norovirus infection and control the spread of norovirus. Wash your hands carefully with soap and running water for at least 30 seconds before and after meals. It should be noted that sterilized paper towels and washless hand sanitizers cannot replace hand washing.

2. Pay attention to the hygiene of drinking water and maintain good eating habits. Wash fruits and vegetables carefully, cook food correctly, and avoid eating cold and unclean food, especially those with high risk of norovirus infection such as shellfish and seafood, which should be thoroughly cooked. Do not drink raw water, drinking utensils should be disinfected regularly to ensure drinking water hygiene.

3. Patients with norovirus gastroenteritis should be isolated at home until 2 days after the symptoms completely disappear, so as to avoid infecting others. If family members are infected with norovirus, patients should use their own utensils and daily necessities, try not to have close contact with their families, and pay special attention not to make food or take care of the elderly and infants.

4. In case of Norovirus clustering epidemic, emergency response should be done well, focusing on standardized disposal of patients’ feces and vomit, and strict disinfection should be carried out on the surfaces of environmental objects, daily necessities, food processing tools and drinking water contaminated by patients’ vomit, feces and other pollutants.

5. Nursery institutions, schools and other collective units should strengthen the safety management of food and drinking water, and those who suffer from gastrointestinal discomfort such as diarrhea and vomiting in food practitioners should temporarily leave their posts. Do a good job in class morning and afternoon check-up and registration of absence due to illness. Once children and students are found to have symptoms such as vomiting and diarrhea, they should be sent to the hospital for treatment and report to the local health and education departments in time.

Pay attention to safety when traveling in spring

In March, the temperature rose, spring blossomed, everything recovered, and it was the right time to travel. The general public should pay attention to personal protection when going out to play, to prevent allergic rhinitis, asthma and food poisoning caused by pollen allergy, and to prevent accidental injuries.

Health tips

1. Before going out, you should know the weather and road information in advance, change clothes in time according to climate change, avoid going out in bad weather, improve personal safety awareness, pay attention to traffic safety and prevent accidental injuries.

2. Don’t pick, buy, process and eat wild vegetables, wild fruits and fungi that are unfamiliar or of unknown origin when going out for an outing.

3. Pay attention to food safety, do not eat incompletely cooked food, and do not drink unclean raw water. When eating out, you must pay attention to choosing a regular restaurant or restaurant with good sanitary conditions.

4. People with allergic history should go to places with lush flowers and trees as little as possible, and don’t touch wild flowers and plants casually. When going out for an outing, it is best to bring anti-allergic drugs, wear hats, masks and long-sleeved clothes, try to avoid direct contact with pollen, and seek medical advice in time if you feel unwell.

Spring is the season of high incidence of respiratory infectious diseases.

It’s the turn of winter and spring.

Repeated climate change

In addition, there are more population movements.

In places where people are relatively concentrated

It is easy to cause the spread of respiratory infectious diseases

Remind family and friends to take precautions.

Keep sliding to see the next one.

Prevention of virus infection and influenza … The latest tips for Xi ‘an disease control Shaanxi Net Touch to read the original.

Shaanxi Net Zan Sharing is reading and writing a message, sliding up to see the next one.

Original title: "Prevention of virus infection and influenza … The latest tips for disease control in Xi ‘an"

Read the original text

　　Yantai Development Zone Senior Middle School held the ceremony of campus youth adulthood. Photo courtesy of Yantai Education Bureau

　　editorial comment/note

　　In the process of educational reform and development, many typical models have emerged. They have had an important influence and made important contributions in the history of new China’s education development. For many years, they have also been persistent in the journey of educational reform. In order to present these typical new achievements and experiences in further promoting education reform, starting from today, this newspaper will open the column of "70 Years of Magnificence and Typical Return Visit in the New Era of Struggle", and successively publish the typical return visit reports that have been launched by this newspaper, so please pay attention.

　

　　Quality education is an unavoidable topic in contemporary China education. From the early days of reform and opening up, many places have begun to explore hard. In this exploration, Yantai is another unavoidable place.

　　In 1984, the first experimental area of educational reform in China was born in Yantai. In 1990, the State Education Commission identified Yantai as a pilot city for comprehensive urban education reform in China. In 1992, Yantai’s experience in quality education reform attracted much attention, and People’s Daily and China Education News reported it one after another. In September 1997, the national experience exchange meeting of quality education in primary and secondary schools was held in Yantai, which became an advanced model of quality education in China.

　　In the development history of quality education, the pace of Yantai people’s reform has never stopped. For more than 30 years, they have unswervingly implemented quality education and written a rich and colorful stroke.

　　Recently, our reporter went deep into Yantai, Shandong Province for investigation and interview, revisited the forefront and fiery scene of the reform in that year, and analyzed the latest progress of quality education reform, with a view to providing a reference model for the latecomers who promote quality education today with Yantai, the "living fossil" of quality education.

　　From the individual to the whole — —

　　Always take the growth of students as the foundation.

　　Qu Wenteng, a chemistry teacher at Dayao Middle School in Muping District, is very happy in recent years. Because of the appearance of the tutorial case, a teaching pain point that has plagued him for many years has been solved at once: the problem of uneven students’ level — — Some people don’t have enough to eat, and some people can’t eat.

　　The guiding plan adheres to the design principle of few, precise and thoughtful. By designing hierarchical learning objectives, leading questions and corresponding exercises, students with different learning situations can be guided to find their own content and methods. This efficient classroom reform with the guidance plan as the core has been carried out in Dayao Middle School for more than ten years. President Sui Zhengong said that this model is based on respecting students’ differences, aiming at developing students’ differences and cultivating students’ self-learning ability, and its core is student-oriented.

　　Speaking of the concept of differentiated teaching, Sui Zhengong said that this is actually in line with the junior high school quality education reform implemented by Dayao Middle School more than 30 years ago.

　　Back in the 1980s, in order to consolidate the achievements of "Nine-Year General Education" and better implement quality education in junior high schools, Yantai City, starting from the goal of all-round development, lost no time in launching the overall reform plan of "two-for-all, two-for-four reform" with classified guidance and separate teaching as the main ways, with 16 different types of junior high schools such as Dayao Middle School in Muping District, Beima Middle School in Longkou City and Qixia Experimental Middle School taking the lead in "classified guidance".

　　Dayao Middle School at that time was the pioneer of reform. Under the leadership of Li Peizhi, then principal of the school, the school explored and built a junior high school education model of "two parts", which was praised as "the golden key to open junior high school quality education". Subsequently, Dayao Middle School was recognized as "an advanced model of quality education in primary and secondary schools in China" by the State Education Commission and relevant experts. In September 1997, the State Education Commission held a national experience exchange meeting on quality education in primary and secondary schools in Yantai, and Dayao Middle School was selected as a "junior high school" to visit the site.

　　From the individual to the whole, this question, which was once placed in front of Li Peizhi and Sui Zhengong, got a similar answer in line with the spirit of the times under the concept of differentiated teaching.

　　More than 30 years have passed, and the research on differential education has never stopped in Yantai. The research on differential education has become an excellent research project that regional professional researchers and front-line principals and teachers have participated in and adhered to for 23 years. More than 1,000 experimental teachers from 212 experimental schools have participated in the project experiment. The research achievement won the second prize of provincial basic education teaching achievement twice in a row.

　　Focusing on the all-round development of students, the student-oriented curriculum reform is being continuously and comprehensively promoted in Yantai. At present, differentiated teaching has been extended to all disciplines and all aspects of school work, and different students have obtained development paths suitable for their own growth here.

　　From result to process — —

　　Always take evaluation reform as the guide.

　　Sports and art are a happy thing in Laizhou bilingual school. This is the goal that President Zhao Fuqing has been pursuing for many years. "I just want to make sports and art change from passive to conscious, from task to interest, and from result to process."

　　In order to achieve this goal, the school has set up a set of evaluation system of physical arts based on process evaluation, such as classroom observers, nine-day sports meeting, home sports homework, sports cooperation teaching, and the evaluation scheme of "physical fitness+skills" & HELIP; …

　　The sports meeting of Laizhou Bilingual School lasts for 9 days, from class to department and then to the whole school. Everyone is an athlete and everyone can get evaluation. During holidays, with the participation of parents, students have to complete a physical exercise every day; In the classroom, evaluation is divided into teacher evaluation and student evaluation, and student evaluation evaluates and summarizes the performance of each group by classroom observers in each class … …

　　Zhao Fuqing, who has been teaching for many years, has participated in and experienced the quality education reform in Yantai for many years. In his view, Yantai’s sports and arts reform comes down in one continuous line.

　　After the resumption of the college entrance examination in 1977, Yantai’s enrollment rate has been among the best in Shandong Province, and people used to be proud of it. Later, in order to pursue the enrollment rate, some schools began to take further studies as the baton and cut off the courses of music, physical education and beauty.

　　The reform of quality education in Yantai begins with the reform of examination system and evaluation system. First of all, the reform of the 100-point system was abolished in primary schools, and the evaluation method of "grade+specialty+comment" was implemented to liberate primary school students from the weight of scores. All subjects in primary schools are assessed by sub-items, and rated according to four grades: excellent, good, passing and failing. The assessment will be carried out by combining the daily examination with the comprehensive examination.

　　Looking back on the past, how similar this is. Since 2012, Yantai Education Bureau has studied and put forward the idea of school physical education reform of "scientific research leading, administrative promotion, point-to-area and regional promotion", taking the lead in establishing the development concept of "healthy sports, scientific sports and all-round sports" in the country. After more than six years of exploration and practice, the city’s education system has gradually established a five-in-one school physical education reform system of "complete guarantee, curriculum optimization, training promotion, competition guidance and standard guidance", laying a solid foundation for students’ lifelong physical education.

　　From the baton focusing on results to the evaluation system focusing on process, Yantai quality education has blossomed in various campuses. On the campus of Penglai No.2 Experimental Primary School, the hall of the teaching building has become a stage for students to display, and the most conspicuous wall is reserved for the "one-star" students who perform best every month. Even the piano in the corner has become a stage for students to compete for display, and the campus is full of students’ cheers and smiling faces. At the Second Experimental Primary School in Muping District, every day at noon, the reading forum starts on time and persists every day, rain or shine. This normalized speech activity has cultivated students’ confidence and ability to speak and express in front of everyone.

　　From school to society — —

　　Always aim at all-round development.

　　For students living in Yantai, social practice is a necessary action to participate in and complete with their parents.

　　Since the summer of 2013, Yantai has organized and guided students and parents to participate in the social practice activities of "practice base group, social big classroom" in the city by means of "parents’ full participation and timely guidance from the school", and entered social venues such as museums, nuclear power plants and air forces that are open to primary and secondary school students free of charge.

　　After more than six years, Yantai has gradually established a comprehensive practical activity curriculum system with the theme of "ideal moral construction, vocational skills training, scientific exploration and innovation, and comprehensive quality improvement" and the characteristics of "school+base group". Up to now, Yantai has built 33 municipal social practice listing bases, 139 county-level listing bases and 560 school-level listing bases, and the characteristic practice education base group of primary and secondary schools has begun to take shape.

　　The comprehensive practical curriculum system in full swing is just one of the two wings of the new regional integrated moral education curriculum system that Yantai has continuously promoted in recent years. On the whole, Yantai’s framework is a new framework of "one subject and two wings" regional integrated moral education curriculum, which focuses on subject moral education curriculum and takes traditional culture curriculum and practical activity curriculum as two wings.

　　"The outstanding feature of the new system of Yantai regional integration moral education curriculum is three combinations." Xu Jianmin, director of Yantai Education Bureau, introduced that the combination of administrative decision-making and scientific research guidance, inheritance and innovation and development, and school, family and social education should be adhered to.

　　Since it was established as a national experimental area for educational reform in 1984, Yantai has made rich experience and achievements in the field of moral education reform in primary and secondary schools while deepening the reform of quality education. On the one hand, Yantai organically integrates the scattered experience of a single point, and then grasps the point and gives full play to the role of demonstration radiation; On the other hand, based on the new situation and requirements of moral education and the new situation and problems of school moral education reform and development, the classic educational wisdom is organically integrated into the brand-new moral education practice.

　　After three years of exploration and practice, the reform and development of integrated moral education curriculum in Yantai city is in good condition. Five schools in the city have been rated as national excellent Chinese traditional culture demonstration schools, and the moral education courses of more than 130 schools have become gold medals in their respective districts and cities, becoming the "favorite" for school principals and teachers in the city and the region to watch and learn.

　　Walking into the second experimental primary school in Muping District, I was just catching up with an "apricot" thing at school: picking apricots. In the school’s "pocket garden" and dozens of apricot trees near the courtyard wall, golden and full apricots are ripe. The students excitedly and carefully picked the apricots they planted one by one.

　　President Jiang Yuemei introduced that in order to provide students with sufficient practice space and create opportunities for "working all the time", the school has carried out four aspects of work: developing "pocket vegetable garden" and building a labor platform; Scientific planting management to improve labor quality; Carry out research study to enhance labor skills; Take advantage of the charity sale and feel the meaning of labor. It is worth mentioning that according to the solar terms, the school compiled the school-based textbook "Follow the solar terms", and these "small farmers" followed the solar terms textbook to carry out inquiry learning and research.

　　In 2017, the integrated observation and exchange activities of moral education courses in primary and secondary schools in Shandong Province were held in Yantai, which was highly praised by the Provincial Department of Education and peers in the province. In 2018, the results of the integrated reform of Yantai moral education curriculum won the second prize of the provincial basic education teaching achievements.

　　From Method to Theory — —

　　Always guided by education and scientific research.

　　Under the observation and discussion of more than 600 people in two days, Yin Shaoping, the principal of Zhaoyuan Experimental Primary School, has a deeper and broader understanding of the "12xue internet plus Teaching Characteristic Model" that she insists on, and at the same time, she has strengthened her confidence in going on. In November 2018, the "Yantai Education and Scientific Research Tour" series of activities was held in Zhaoyuan, Yantai. More than 600 people from all the staff, principals of primary and secondary schools and key teachers of all counties and cities participated in the activities.

　　"This session is ‘ A trip to education and scientific research ’ The ninth stop. " Guan Xiji, Dean of Yantai Academy of Educational Sciences, said that this activity was started in 2010 in Yantai, and it entered a county every year. The number of participants exceeded 1,000 for many years. The content of the activity deepened year by year, and the coverage continued to expand. A large number of advanced units and outstanding teachers emerged with this platform, forming a core brand in the field of regional education and scientific research.

　　"Yantai’s quality education reform has always had an important principle — — Guided by scientific research. " Guan Xiji hit home.

　　Xu Jianmin put forward the basic requirements of "improving our work with research spirit, research thinking, research methods and research standards, taking research as a way of work and becoming the level of work we pursue", and "promoting educational research with administrative power and carrying out educational administration with research spirit".

　　It is under the guidance of research spirit that Yantai can break through the primary stage of finding solutions to practical problems and transform and refine various reforms into scientific tools and even theories in time. According to statistics, in 2016, the first outstanding achievements in educational science research in Shandong Province were selected, and Yantai ranked first in the province in terms of the number of awards, the passing rate and the fields involved; In 2017, the number, passing rate and categories involved in the annual project of the 13 th Five-Year Plan for Education Science in Shandong Province ranked first in the province; In 2018, the province’s basic education teaching achievement award passed the second place in the province; In 2019, the passing rate of basic education and teaching reform projects in Shandong Province once again ranked first in the province.

　　Thirty years of hard work. In the late 1980s, for a long time after the resumption of the college entrance examination, students, parents, schools and society were all pursuing the enrollment rate, and there were many calls for reform, and all localities explored ways to promote students’ all-round development. The quality education reform in Yantai is just the right time.

　　From "cancel the percentage system and implement ‘ Grade+specialty+comment ’ The evaluation method, liberating primary school students from the weight of scores ",to" implementing ‘ Classification guidance ’ , implemented in the graduation grade ‘ Diversion education ’ , don’t have to hordes to squeeze ‘ A wooden bridge ’ " Finally, to "reform the enrollment system of senior high school entrance examination, link the enrollment quota of senior high schools and technical secondary schools with the conditions and level of running schools in towns and villages, and turn the competition for further education into the competition for running schools" … …

　　In 1997, the national experience exchange meeting on quality education in primary and secondary schools was held in Yantai. The meeting not only summed up the experience, but also made a comprehensive plan and deployment for the implementation of quality education throughout the country. This marks that the reform of quality education in China has entered the stage of national reform from regional experiment.

　　Yantai contributed a lot.

　　Now, when you walk into Yantai, you will find that learning has become a happy and fulfilling thing. Students with comprehensive qualities have made great achievements in the college entrance examination and talented people have emerged in large numbers. Walking into Yantai, you will find that the implementation of quality education is no longer a slogan, but a real action by governments, schools and teachers at all levels; Walking into Yantai, you will find that the strategic vision and great courage of the pioneers of reform have been inherited in the same strain, and the motivation for reform has not diminished.

　　Yantai, always on the road … …

　　Our reporter Yan Yuekun Zhang Shenghua correspondent Lu Peng

Tesla has a great reputation, but it is controversial. It is hard to say whether it is good or bad. Everyone has different opinions. Domestic news has negative news about Tesla every year, but most people still like Tesla’s cars, so the sales volume has not decreased, and there is even an upward trend, which is quite surprising. In 2023, Model Y sold a total of 456,000 vehicles in China. BYD did not dare to touch porcelain.

In 2024, the sales volume of Model Y continued to grow, with a monthly sales volume of more than 30,000 and over 40,000 in recent months, which means that BYD Qin PLUS can compete with Tesla. As can be seen from the data, the sales volume of Model Y is very high, and the price of this car is not cheap, and it is sold according to the manufacturer’s guidance price. The price of most consumers buying a car is around 300,000. Some people say that the sales of Model Y will reach a new high in the second half of this year, because there will be six models, and the official has already rumored that there will be no six. Let’s take a look at the current car.

In terms of appearance, Tesla’s car is similar in design, but it looks good anyway, and the body is like a one-piece cut. The front face is a closed grille design, but the concave shape shows the outline of the grille, with sharp lines and a sense of movement. The lamp group is located on the hood, with sharp shape and Tesla logo in the middle, which is highly recognizable. There is a big black mouth at the bottom, the front lip is prominent, and the whole front face smells like a sports car, which is in line with the aesthetics of most Chinese people.

Viewed from the side, the silver body is a bit like a mech, with a prominent waistline and a hidden door handle. Is the roof a slip-back design or a sense of movement? The hub of the new car adopts a spoke structure with red calipers inside, which is very radical for a big car. The tail is still of conventional design. It is said that the new car is a penetrating taillight, but the current car is still designed separately, with a large area of blank space at the bottom, which is not monotonous in perception. The size of the new car is 4750*1921*1624mm and the wheelbase is 2890 mm. As a medium-sized car, the size is quite satisfactory.

In the interior part, the interior design of the new car is relatively simple, there is no physical button on the center console, and bright materials are added to make it look fashionable. The round steering wheel is heavy, so nobody likes the special-shaped steering wheel. They are all genuine leather, support four-way adjustment, and are equipped with electronic pocket design, which is a little fun to drive. In terms of technology, this car has a large LCD screen, which is 15 inches, and it looks very atmospheric. In terms of functions, it supports speech recognition and remote control of mobile APP, and can diagnose the condition of vehicles by itself. The seat is made of imitation leather, supports lumbar support adjustment, can be heated, and is very comfortable to ride.

Low-profile models only have rear motors, with a motor power of 220kw and a torque of 440 N m. There are motors before and after the middle-high models. The total power of the middle-high models is 331kw and 357kw, and the torque is 559N·m and 659N·m, respectively. The low-profile battery Contemporary Amperex Technology Co., Limited has a capacity of 60 degrees, while the medium-high-profile battery LG New Energy has a capacity of 78.4 degrees, and its battery life is 554km, 688km and 615km respectively.

Generally speaking, expensive does have the advantage of being expensive. Low-equipped models are not only inferior in battery, but also slightly different in configuration materials. Consumers with high budgets suggest buying medium-equipped models.

　　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.

　　On the occasion of the May 4th Youth Day, an online movie dedicated to the youth in China attracted attention. Youth stories of different ages convey the power of youth through time and space.

　　Young people, life is also splendid. People always give the best words to youth and place their warmest hopes on them. Generations of young people have answered the questions of "what is youth" and "what is youth" in their fearless struggle for home and country. More than a hundred years ago, a group of young people with lofty ideals shouted that they would give up their lives and forget their lives, pushing China into the "awakening era"; To this day, young people in the new era are full of self-confidence that they can look at the world, and grow together with the times … … Countless young people, with their youthful strength and creation, have pushed the Chinese nation forward bravely and shaped the most beautiful appearance of youthful China.

　　History is magnificent, and the names of young people are engraved; Wan Li is in the sky in the future, looking forward to the March of youth. The General Secretary of the Supreme Leader pointed out: "Tomorrow’s China hopes to be placed on the youth." National development depends on the vast number of young people, and national rejuvenation calls for young people to run in relay. The vast majority of young people cherish their youth, make positive progress, leap forward like rabbits, run at a high speed, sweat in the vast countryside, strive for first-class in the factory workshop, contribute their talents in the scientific and technological front, guard the wind and snow, compete in all walks of life, show their elegance, and make the spectrum of youth broader. Tomorrow’s China will be even better.

　　Youth is always accompanied by dreams, and dreams need to go hand in hand with struggle. At that time, a team of young reclamation teams went to the wasteland frozen soil and fought against the sky, turning the "Great Northern Wilderness" into "Great Northern Warehouse"; In the new era, the graduates who teach in the west of Baoding College in Hebei Province, like red willows and Gesanghua, take root in the west and spread knowledge, bringing endless vitality to the vast land. Being in the key stage of national rejuvenation and in the best years of life, young people in the new era need to carry forward the tradition of struggle and release their passion for struggle. Struggle is not a rootless tree or passive water. Only when it is rooted in the place where the motherland and the people need it most can youth blossom brilliantly. Struggle is not just a loud slogan, but to see the spirit and show responsibility in doing every little thing well, completing every task and performing every duty. The road to struggle will not be smooth sailing, but every time you try to explore without fear of challenges and carry forward without fear of difficulties, it is the most effective tempering for youth. Rooted down, struggling up, let the ideals and beliefs sublimate in the entrepreneurial struggle, and the vast number of young people will certainly be able to raise the sails of their ideals in life and reach the other side of their dreams.

　　Young people are always new, most enthusiastic and motivated to innovate. After more than ten years of hard work, Zhou Lei cultivated 16 new rice varieties with high quality and high yield, adding confidence to the "China Bowl" with "China Grain"; After unremitting exploration, Pan Shilong led the team to develop the world’s first ultra-high resolution microwave photon imaging radar, and explored a feasible way for the future development of the radar … … Looking at the land of China, a large number of young people take the lead and shoulder heavy responsibilities in innovation and creation, demonstrating the spirit of young people who dare to be the first, break through and innovate. Today, we are promoting Chinese modernization, which is an exploratory undertaking, calling for a large number of innovative talents. As the most energetic and enterprising group in the society, young people should especially keep the momentum of "newborn calves are not afraid of tigers", inspire the lofty sentiments of "daring to teach the sun and the moon to change into a new sky", strive to be the vanguard of conquering the technology of "blocking the neck", be good at building a new development pattern, make bold explorations in helping people live a better life, and let youth shine in innovation and creation.

　　Youth breeds infinite hope. General Secretary of the Supreme Leader stressed: "Contemporary youth in China are a generation that walks in the same direction and advances together with the new era. They live in prosperity and shoulder heavy responsibilities." On the new journey, the vast number of young people cherish the feelings of home and country, cultivate enterprising character, and inspire the strength of youth with a struggling attitude, so as to live up to the times and the Chinese New Year, pave the way for national rejuvenation and contribute to the construction of a strong country.

Xinhua News Agency, Geneva, July 12 (Reporter Chen Junxia and Nie Xiaoyang) GAVI)12 released a press release on July 12, announcing that it had signed pre-purchase agreements with China Sinopharm Group and Kexing Company respectively, which means that Sinopharm and Kexing vaccines have entered the "COVID-19 Vaccine Implementation Plan" (COVAX) vaccine bank and can be supplied to COVAX for COVID-19 epidemic prevention and control in developing countries from July.

COVAX is dominated by the World Health Organization and the Global Alliance for Vaccine Immunization. According to the press release, considering that these two vaccines have entered the WHO emergency use list, they can be supplied to COVAX participants immediately. According to the agreement, two China companies can supply COVAX with 110 million doses of COVID-19 vaccine before the end of October this year, and then supply it for a long time.

The agreement between GAVI and China comes at a time when the world, especially developing countries, urgently need to expand vaccination coverage and curb the spread of Covid-19. Seth Berkeley, CEO of GAVI, said in the communique: "I welcome today’s agreement, which enables COVAX participants to get vaccines immediately."

The relevant personnel of the Permanent Mission of China to the United Nations said that the signing of the agreement between the two companies and the Global Alliance for Vaccine Immunization is an important manifestation of China’s commitment to implement vaccine as a "global public product" with practical actions. China government has been actively encouraging and supporting China vaccine research and development enterprises to participate in COVAX and provide vaccines to developing countries. At present, a number of COVID-19 vaccines in China have obtained emergency use licenses in China, and a number of vaccines are in the clinical trial stage. In addition, many China vaccine companies have expressed their positive intention to join COVAX. We expect more China vaccines to enter the WHO emergency use list as soon as possible and be selected into COVAX vaccine bank as soon as possible, thus making positive contributions to global solidarity against the epidemic.

It thundered on the ground! "Snacks are Busy" and "Zhao Yiming" announced the merger of the head players in this mass snack industry. The news fever has not dissipated, and the lawsuit is coming!

On December 6th, according to media reports, "Liangpin Shop sued Zhao Yiming: Deliberately concealing major events of the company and damaging minority shareholders’ right to know". Judging from the specific information, Ningbo Guangyuan Juyi Investment Co., Ltd. (hereinafter referred to as "Guangyuan Juyi"), a wholly-owned subsidiary of Liangpin Shop, was invested by Yichun Zhao Yiming Food Technology Co., Ltd. (hereinafter referred to as "Zhao Yiming") during the cooperation period between the two parties.Deliberately concealing major events of the company, damaging minority shareholders’ right to know,On November 27, he formally filed a lawsuit with the people’s court. At present, the court has accepted the case.

Zhao Yiming Snacks was established in 2019, and in February, 2023, it was favored by good shops, which invested 45 million yuan through its subsidiary "Guangyuan Juyi". Enterprise investigation shows that at that time, it was financed by 150 million yuan led by Black Ant Capital and invested by good shops, with a valuation of about 1.5 billion yuan. After the completion of financing, it began to accelerate its expansion.

Only half a year later, on October 17th this year, Liangpin Store announced that Ningbo Guangyuan Juyi Investment Co., Ltd., a wholly-owned subsidiary, planned to transfer its 3% equity of Yichun Zhao Yiming Food Technology Co., Ltd. (hereinafter referred to as Zhao Yiming) for a total price of about 105 million yuan. The good shop chose clearance.

The huge market volume of discount snacks and every change in the industry may lead to the actual interests of thousands of investors and franchisees behind them. As early as before the merger of Busy Snacks and Zhao Yiming, there were investors arguing about Busy Snacks and the investment value of Zhao Yiming.

Undoubtedly, this complaint once again put Snacks Busy and Zhao Yiming on the front page of the industry public opinion and even the investment circle.

In the media reports, Liangpin Store said that its investment was based on the original intention of achieving better development of its partners, but after the news of the merger was announced, it was deeply felt that it was maliciously deceived and its rights and interests were damaged.

Review the timeline.

On October 16th, Guangyuan Juyi transferred its 3% equity of Zhao Yiming Company to Shanghai Yihai Enterprise Management Consulting Partnership (hereinafter referred to as "Yihai Partnership") and Xiamen Heiyi No.3 Overseas Connection Venture Capital Partnership (hereinafter referred to as "Heiyi Partnership"). "Guangyuan Juyi" received all equity transfer funds on October 19, 2023.

In "Guangyuan Juyi"Only 22 days after the transfer of equity, that is, on November 10th, Zhao Yiming and Snacks were very busy to release a "merger" statement.According to the national enterprise information credit publicity system, both parties have completed the industrial and commercial change registration on the day of announcement.

From the perspective of the merged shareholding structure, Snacks Busy holds 87.76% of the shares in Zhao Yiming, while Zhao Ding, the founder of Zhao Yiming, holds 32% of the shares of Snacks Busy through Yichun Bird Nest Advertising Information Culture Communication Co., Ltd. and Yichun Bird Management Partnership (Limited Partnership), becoming the second largest shareholder of Snacks Busy.

It is worth noting that on September 28th this year, Wang Pingan, Zhao Ding and other "Zhao Yiming" executives completed the registration in Yuanzhou District, Yichun, one of the shareholding platforms for holding "snacks are very busy", and the executive partner of this enterprise appointed Zhao Ding as the representative.

"The Company Law clearly stipulates that Liangpin Store, as a shareholder of Zhao Yiming, has the right to know the important resolutions of Zhao Yiming, and enjoys the legal rights of knowing, making decisions, inspecting and preempting in such a major asset reorganization. If Zhao Yiming informs Liangpin Store of its busy merger plan with snacks, Liangpin Store will probably exercise its preemptive right.

As a listed company, the financial loss of Liangpin Store, especially the loss of industrial integration, is really great. "A person close to the good shop revealed.

According to "Guangyuan Juyi", it is impossible for two head enterprises in the discount snack industry, involving nearly 7,000 stores, with consolidated sales exceeding 7 billion in 2022 and current valuation of about 9 billion, to complete all the processes required for the merger in just 22 days, such as due diligence, negotiation, contract drafting, investor approval, etc., and judging from the clues such as the establishment time of the shareholding platform, the start and decision of the merger between the two parties took place in "Guangyuan Juyi" and "Zhao Yiming"."

Obviously, Zhao Ding deliberately concealed his real purpose from the good shop. Looking back now, Black Ant bought the shares of Zhao Yiming held by a good shop, and I don’t know if it is ready for the merger of snacks and Zhao Yiming. "The above person said.

The format of discount snacks began to expand rapidly in 2020. According to Huachuang Securities, the total number of discount snacks stores has exceeded 10,000 in 2020, and a pattern of regional brands standing side by side has been formed, such as Hunan snacks are busy, Sichuan and Chongqing snacks are famous, and Jiangxi Zhao Yi is famous.

Among them,Snacks have been busy for only five years, and the number of stores has exceeded 2,000, leading the industry, and a number of investors have gathered behind them, including Sequoia China, Gaorong Capital, Qicheng Capital and Mingyue Capital.

In July this year, it was reported that snacks were busy and intended to be listed on the mainland A-share market in China or Hongkong, and the fund-raising could reach 100 million to 200 million dollars. If you choose to go public in Hong Kong, you will have an IPO as early as 2024.

Although the follow-up, snacks are very busy in response to the rumors of listing: there is no clear listing plan and location. However, judging from its multiple rounds of financing and the acquisition of Zhao Yiming, the ultimate goal is to expand the scale of listing.

"Snacks Busy" and "Zhao Yiming Snacks" announced the completion of the strategic merger on November 10th, with Yan Zhou, the founder of Snacks Busy, as the chairman of the new group. At this point, the two head players came together at the discount snack track, which attracted a lot of capital and media attention.

According to the public information of Tianyancha, Zhao Ding holds 32% of the shares in the merged entity of Busy Snacks/Zhao Yiming, which is the second largest shareholder in the company after Yan Zhou, and concurrently serves as the director of the company and the CEO of Zhao Yiming.

Coincidentally, on November 10th, China Securities Regulatory Commission just released the latest opinion draft explanation on the regulation of IPO guidance for A-shares, which clearly stated: "In order to promote the establishment of honesty, self-discipline and legal awareness of the actual controllers and directors of the company, and improve the quality of listed companies from the source", the reputation of the actual controllers, directors, supervisors and senior managers of the company to be listed will become the focus of IPO audit.

With the complaint filed by Liangpin Shop, there is no doubt that the honesty, contractual spirit and even legal consciousness of the second person of the new company have been publicly questioned.

It should be noted that Liangpin Store has made it clear that it has filed a lawsuit against Zhao Ding on the grounds of "deliberately concealing important matters of the company and damaging the right of minority shareholders to know".

"If the good shop wins the case, Zhao Ding and even the snacks after the merger are very busy and may face huge compensation, and the merger that has been negotiated may also be forced to cancel."

From the perspective of the listing prospect, the clear and stable equity, whether there are disputes and potential risks are the key points of the listing review of the CSRC. From the recent cases that Honey Snow Ice City and Laoxiang Chicken are difficult to list, it can be clearly seen that the red and yellow light policy of the CSRC has strict restrictions on the industry.

"Therefore, regardless of the outcome of the lawsuit, snacks are very busy. Under the multiple influences of the restrictions imposed by the CSRC and the reputation crisis of the company’s No.2 key person, the road to listing has been bumpy."The above-mentioned relevant person told reporters.

If snacks are too busy to be listed in Hong Kong stocks, they still need to be filed with the China Securities Regulatory Commission before filing, and the CSRC will still review domestic companies planning to list in Hong Kong. The Hong Kong Securities Regulatory Commission (CSRC) also has clear requirements on the clarity, stability and non-equity disputes of listed companies. At that time, both the litigation disputes with good products and the reputation of key people in the company will become the focus of the CSRC’s key review.

According to the reporter’s understanding, as early as before the merger of Busy Snacks and Zhao Yiming, there were investors arguing about Busy Snacks and the investment value of Zhao Yiming.

LP, an organization with knowledge of the situation, revealed to reporters:"As early as May this year, Zhao Yiming began to communicate with potential investors for a new round of financing. The company expanded aggressively this year, and the capital chain behind it has been in a tight state. Several head funds contributed by us have basically pass after all the adjustments. As soon as this complaint came out, even the expectation of withdrawal was gone, which is a common concern of investors. "

The source said, "Snacks are very busy and Zhao Yiming is planning to list on the Hong Kong stock market. However, investors know clearly that such a target land will basically have no liquidity after the listing of Hong Kong stocks. "

In the past two years, Hong Kong stocks have been an important choice for consumer goods companies to go public. Brands such as Pot Circle, October Paddy Field and Youbao Online have all been successfully listed on the Hong Kong Stock Exchange, and companies such as Chabaidao have already submitted their watches to the Hong Kong Stock Exchange. Some companies that have previously hit A-share IPOs, such as Yanzhiwu, Lancang Ancient Tea, Laopu Gold and Mengjinyuan, have also moved to Hong Kong stocks. However, the liquidity problem of Hong Kong stock market has always troubled investors.

A good reference is the pot circle that has just been listed in Hong Kong recently, with a daily turnover of less than HK$ 1 million; Two years ago, hellens and Naixue, which enjoyed unlimited scenery, now have a daily turnover of only a few million Hong Kong dollars, and their market value has dropped by more than 70% compared with their respective highs; Wei Long used to be valued at 70 billion, but now the market value of Hong Kong stocks is 17.7 billion, and the daily turnover is only several hundred thousand. In other words, shareholders, including investors and employees, can’t sell stocks at all.

"Snacks are busy and the share ratio of Zhao Yiming investors’ shareholders is already very high. After the merger, the share ratio of investors is close to 15%, and the accumulated investment cost is nearly 600-700 million. According to the liquidity of several million Hong Kong dollars a day, even if it is sold every day, investors will have to reduce their holdings for several years before they can return to their capital. If you add employees and founders to reduce their holdings, you don’t know when to sell them. Once investors and founders start to reduce their holdings, the market value of the company will inevitably fall sharply. "

"So, even if snacks are busy and successfully listed in Hong Kong stocks, such projects are superficial. Whether an investment institution can sell it back is a problem, not to mention LP making money. "The LP investor admitted to the reporter: "As an LP, in the current environment, we definitely look at liquidity and DPI. Projects that are both illiquid and difficult to quit are very dangerous and can’t be touched at all. If the funds we invest in only focus on book returns and reputation, it will be a trust injury to the whole industry. "

When Snacks Busy merged with Zhao Yi Mingguanxuan, it was declared that "the two sides will learn from each other’s strong points and integrate deeply … to jointly empower franchisees and contribute to the healthy development of the industry …" Now, it seems somewhat ironic.

"In fact, before the busy merger with snacks, Zhao Yiming’s financial stability has always been an element of concern and concern for franchisees. Regardless of the rapid expansion of cost, how long can Zhao Yiming’s tactics of subsidizing burning money last? Everyone has a question mark. Although it is very busy to merge with snacks, it is now facing a lawsuit from a good shop. If it cannot be listed in the future and investors ask the company to buy back shares in cash, there may really be a capital chain crisis, which will lead to a sudden interruption of the subsidy for burning money. "

According to Zhao Yiming’s internal staff, "Snacks are very busy and both Zhao Yiming have made employee incentives through the employee stock ownership platform, allocating equity to employees and emphasizing the cash value brought by equity after listing." Nowadays, with the background of a series of events exposed by the lawsuit of defending the rights of good shops, after the hope of listing is slim, the equity incentives that employees strive for may be dashed.

The core of enterprise management is "people", and enterprise management often takes equity incentive as the weight to retain talents. When employees regard enterprise development as their goal, who should pay for those promises that are overhead? If the capital chain is broken, how can the subsidy policy promised to franchisees be guaranteed? And how to realize the small and medium-sized brands acquired with equity value?

In the past two years, snacks started in Changsha, Hunan Province were very busy, and snacks from Zhao Yiming, which came out of Yichun, Jiangxi Province, attacked the city all the way, opening more than 4,000 stores and more than 2,500 stores respectively. With the arrival of the merger, the number of the two stores added up to nearly 7,000. This involves most employees, suppliers and franchisees. If Zhao Yiming really cheats for his own interests, how can he be honest with franchisees?

Actually, Snacks Busy and Zhao Yiming, as two large-scale enterprises in the hot industry, have made outstanding contributions in the development of the industry. Perhaps their initial intention is just a commercial contest, but they may lack some understanding of laws and regulations. As a listed company, Liangpin Store is indeed its due obligation to safeguard the rights and interests of its own shareholders and shareholders.

In today’s market environment, we all hope that more enterprises and investors will have a positive voice, sit tight and create a more honest and fair market environment, so that the industry can continue to develop in a healthier direction. Regarding this lawsuit, we will also continue to pay attention to the follow-up development.