Xinhua News Agency, Beijing, May 28th Title: Well-known enterprises "fall down when they say it", and virtual cards become new "slots" — — Re-investigation of prepaid card consumption chaos

　　Xinhua News Agency reporter Yang Yang

　　"Beauty, what about swimming and fitness?" I believe many people have heard of similar "strike up a conversation". Merchants use various discounts to attract you to spend money on cards, but once you pay for it, you may fall into a ring-by-ring routine … …

　　According to the reporter’s investigation, as an emerging business model, prepaid card consumption is favored by many businesses because of its convenience and benefits. However, the deep-seated reasons, such as the blind spot in the prepaid card filing system, light punishment and imperfect credit information system, have led to frequent chaos and repeated prohibitions in this field, and some well-known enterprises are also involved.

　　Well-known enterprises "say it, but they will fall", but they are still applying for new cards when they can’t pay.

　　"If you come to apply for a card today, you can enjoy the lowest price, buy it for two years and get it for one year!" In March this year, Mr. Gao spent 2,700 yuan on a three-year fitness card in Beijing Haosha Fitness Jinsong Store.

　　However, after the May 1 ST, this well-known chain gym has had problems such as the cancellation of group exercises, the closure of swimming pools, the disconnection of power and hot water, and the failure of equipment without maintenance. "Seven out of 10 treadmills are broken, and the front desk still shows ‘ Direct entry without swiping the card ’ Brand. " A member told reporters.

　　Even so, the gym is still selling cards. According to members’ memories, on May 6th, Xiaoli, a salesman, was still soliciting guests in a circle of friends. Later, according to another salesperson, in March this year alone, the store’s sales reached more than 500,000 yuan.

　　The gym can’t be used normally, and many members have proposed to return their cards. However, Mr. Gao found that the contract said, "This is a special card, and it can’t be returned." After rummaging through his pockets, he realized that he didn’t even give the payment receipt and invoice. Mr. Shan, the operation manager of the gym, said: "The company has no money and can’t refund the fee."

　　According to the national enterprise credit information publicity system, "Beijing Haosha Jianli Fitness Service Co., Ltd." on the official seal of the membership card agreement was listed in the business exception list of the industrial and commercial departments on April 30 this year, and its shareholder Haosha Ai Ya (Beijing) Fitness Service Co., Ltd. was also listed in the business exception list on March 20. The reporter called the company’s reserved phone number several times, but never contacted the senior person in charge.

　　Relevant sales staff of Haosha Jinsong Store revealed that due to the break of the company’s capital chain, some stores in Beijing will be closed.

　　The relevant person in charge of Shuangjing Industrial and Commercial Office of Chaoyang Branch of Beijing Administration for Industry and Commerce told the reporter that the industrial and commercial department is negotiating with Haosha Fitness to solve related problems. Haosha Jinsong Store will be taken over by other companies, but this company can only provide services and cannot handle the refund problem. If you really need a refund, it is recommended to go to court as soon as possible.

　　Small enterprises are the hardest hit areas for complaints, and virtual cards become new "slots"

　　The "Analysis of Complaints Accepted by National Consumers Association in 2018" released by China Consumers Association shows that life and social services rank first in service complaints. In the field of service segmentation, remote shopping, beauty salons, catering, maintenance and repair, and fitness services are all on the list.

　　By combing typical cases in various places, the reporter found that prepaid card consumption disputes are mainly concentrated in the service industry, especially in the fields of beauty salons, fitness, photography, car beauty, catering, etc. Among them, some small-scale enterprises have become the hardest hit areas for running away and disputes.

　　"The money in the prepaid card is the money that consumers deposit in the other party’s account in advance to fulfill multiple contracts. It should be consumed once, and the operator deducts money from the card once. " Heshan, president of china law society Consumer Rights Protection Law Research Association, said.

　　"But in real life, prepaid transactions are gradually deviating from the original intention, becoming a means for illegal operators to infringe on the legitimate rights and interests of consumers, resulting in a large number of legal disputes." Wang Jijin, supervisor of Beijing Lawyers Association and lawyer of Construction Law Firm, said.

　　In addition, the reporter’s investigation found that with the development of mobile Internet, online prepaid consumption has gradually become a new complaint "slot". Recently, a number of consumers told reporters that they had booked flowers for several months in their lives, but they found that the applet was offline after not receiving it several times.

　　Liu Junhai, a professor at the Law School of Renmin University of China, said that the low cost of corporate dishonesty and the high cost of consumer rights protection led to a significant increase in prepaid arbitrage.

　　Education, fitness and other industries are not included in the record, and combination boxing is needed to control the chaos.

　　In response to the frequent chaos of prepaid cards in various places, as early as September 2012, the Ministry of Commerce issued the Measures for the Administration of Single-use Commercial Prepaid Cards (Trial), requiring card-issuing enterprises to go to the competent commercial authorities at all levels for filing within 30 days from the date of launching the single-use card business, and implement a fund depository system for related enterprises, and deposit funds in commercial banks according to a certain proportion of the funds received in advance. Once the violation occurs, it can form a constraint on enterprises.

　　"But the reality is that there is a lack of supervision over the subsequent use of depository funds. In addition, the measures only involve ‘ Retail, accommodation and catering, residential service ’ Three industries, but there is no coverage for high-incidence areas such as fitness, beauty salons, education, entertainment, online car, and individual industrial and commercial households. " Wang Jijin said that in addition, a fine of less than 30,000 yuan will be imposed on the illegal acts of card issuing enterprises or card selling enterprises, which is relatively light and difficult to play a deterrent role.

　　Heshan suggested raising the threshold for issuing prepaid cards for a large number of individual industrial and commercial households, for example, stipulating that operators should pay a deposit or provide corresponding guarantees in order to obtain the right to issue cards.

　　Qiu Baochang, an expert from the Expert Committee of China Consumers Association, suggested setting a qualification threshold for card-issuing merchants and their main managers, such as requiring operators to have no major violations of laws and regulations and no bad records of fraudulent consumer behavior. Wang Jijin suggested: "Establish a blacklist system as soon as possible, register and publicize untrustworthy enterprises and individuals, and raise the threshold in handling industrial and commercial licenses."

　　Some insiders also believe that the mode of prepayment leads to the one-way risk of consumers, and this consumption mode can be abandoned. Commercial enterprises should rely on improving services instead of paying in advance and then discounting to tie consumers down.

Press conference video

　　At 10: 00 on November 19, 2022, the Information Office of the provincial government held a press conference on the results of the Zhengzhou-Luxembourg International Cooperation Forum on the "Aerial Silk Road".

　　Release content:Introduce the achievements of Zhengzhou-Luxembourg International Cooperation Forum on "Aerial Silk Road" and answer questions from reporters.

　　Published by:

　　Party Secretary and Director of Majian Provincial Development and Reform Commission

　　Liang Jieyi, Director of the Office of the Foreign Affairs Working Committee of the Provincial Party Committee

　　Party Secretary and Director of Tiankai Provincial Cultural Relics Bureau

　　Pan Kaiming, Deputy Mayor of Zhengzhou Municipal People’s Government

　　Qiao Chang ‘en, Deputy General Manager of Henan Hangtou Group

　　Kang Shuxia, Deputy General Manager of Henan Airport Group

　　Yang Xiaofeng Director of Science and Technology Talent Bureau (Industry Service Bureau) of Zhengzhou Airport Economic Comprehensive Experimental Zone

　　Zeng Deya, Executive Vice Minister of Propaganda Department of Provincial Party Committee

　　Ladies and gentlemen, friends from the media,

　　Hello everyone! Welcome to the press conference held by the Information Office of Henan Provincial People’s Government.

　　On November 16th, Zhengzhou-Luxembourg International Cooperation Forum on "Aerial Silk Road" was successfully held. Thanks to the media friends for their full coverage. Today’s press conference continued to focus on making Zhengzhou-Luxembourg "Aerial Silk Road" bigger and stronger, invited responsible comrades of relevant units, focused on thoroughly implementing the spirit of the important instructions of the important speech of General Secretary of the Supreme Leader, promoted the transformation of the results of the forum, and jointly built the "Aerial Silk Road" with high quality at a new starting point, introduced relevant information and answered your concerns.

　　First of all, let me introduce the publishers who attended today’s press conference. They are:

　　Mr. Ma Jian, Party Secretary and Director of Provincial Development and Reform Commission;

　　Mr. Liang Jieyi, Director of the Office of the Foreign Affairs Working Committee of the Provincial Party Committee;

　　Mr. Tian Kai, Party Secretary and Director of Provincial Cultural Relics Bureau;

　　Mr. Pan Kaiming, Vice Mayor of Zhengzhou Municipal People’s Government;

　　Mr. Qiao Chang ‘en, Deputy General Manager of Henan Hangtou Group;

　　Ms. Kang Shuxia, Deputy General Manager of Henan Airport Group;

　　Mr. Yang Xiaofeng, Director of Science and Technology Talent Bureau (Industry Service Bureau) of Zhengzhou Airport Economic Comprehensive Experimental Zone.

　　Next, please let Mr. Ma Jian make the announcement.

　　Ma Jian, Party Secretary and Director of the Provincial Development and Reform Commission

　　Dear friends in the press,

　　Good morning everyone! Under the strong leadership of the Henan Provincial Party Committee and the provincial government, and with the joint efforts of all parties, the Zhengzhou-Luxembourg International Cooperation Forum on "Aerial Silk Road" was successfully held in Zhengzhou, Henan Province on November 16, and achieved a series of fruitful results. The central and provincial authoritative media, as well as new media, widely reported the grand occasion of the forum. The Chinese Embassy in Luxembourg published a promotional film of the forum and a video of online photo exhibition on the embassy website and Luxembourg social platform, which attracted the attention of China and foreign countries and formed a publicity upsurge of the forum. Here, on behalf of the Office of the Forum Organizing Committee, I would like to express my heartfelt thanks to the friends from all walks of life and the news media who care about and support this forum!

　　This forum is an active practice of implementing the important instructions of the Supreme Leader General Secretary on the construction of the "Aerial Silk Road", reaching an important consensus on promoting the high-quality development of the "Aerial Silk Road", signing and releasing 31 important cooperation projects, and contributing to the deepening of the joint construction of the "Belt and Road" and promoting international exchanges and cooperation. To sum up, the results of the conference are concentrated in three aspects.

　　First, build consensus and firmly promote the direction of high-quality development of the "Silk Road in the Air"

　　At the opening ceremony of the forum, the Political Bureau of the Communist Party of China (CPC) Central Committee, director of the National Development and Reform Commission He Lifeng, Luxembourg Prime Minister Xavier Berthaire, Luxembourg Deputy Prime Minister and Minister of National Defense, Transportation and Public Works Fran? ois Bosch, and Secretary of the Provincial Party Committee Lou Yangsheng delivered speeches or sent congratulatory letters. The distinguished guests fully affirmed the construction effect of Zhengzhou-Luxembourg "Aerial Silk Road" and put forward suggestions for jointly promoting the high-quality development of the "Aerial Silk Road".

　　Director He Lifeng pointed out that the construction of the "Aerial Silk Road" has achieved a series of pragmatic results and has become a distinctive brand for jointly building the "Belt and Road". China is willing to continue to work with Luxemburg to push this "Silk Road in the Air" to a new level. To this end, three initiatives are put forward: first, jointly build a broader logistics network. The second is to jointly create a mutually beneficial and win-win demonstration project. The third is to jointly build a institutionalized cooperation platform.

　　Premier Berthaire said that the "Aerial Silk Road" between China and Luxembourg is one of the most tangible pillars of bilateral cooperation. The relationship between Luxembourg and China is the most dynamic relationship between Luxembourg and countries outside Europe, and the two sides have established a solid friendship. Luxemburg is willing to contribute to the development of China’s trade and service industry and promote high-quality growth and innovation under the framework of the "Silk Road in the Air".

　　Lu Erxue, deputy director of the Civil Aviation Administration of China, put forward three suggestions on practical cooperation in the civil aviation field with countries that have jointly built the "Belt and Road": First, strengthen cooperation in civil aviation infrastructure construction and operation, and jointly build a more accessible international route network. The second is to strengthen the docking of aviation development planning, policies and standards in the fields of civil aviation safety, airworthiness, air traffic control, green and wisdom. The third is to improve the cooperative and open cooperation mechanism and promote mutual learning and learning.

　　Lou Yangsheng, secretary of the CPC Central Committee, put forward the "Henan Plan" for strengthening the "Silk Road in the Air" of China-Luxembourg freight route: First, insist on the "hard connectivity" of infrastructure as an important direction, and speed up the construction of the "four-in-one" interconnection road of air, land, network and sea. Second, adhere to the rules and standards of "soft connectivity" as an important support, and speed up the road of smooth circulation and mutual benefit. Third, adhere to the "heart-to-heart connection" of the people along the route as an important foundation, and speed up the road of civilized integration, mutual learning and mutual learning.

　　Through high-level dialogue, China and Luxembourg have further consolidated their consensus and strengthened their confidence, laying a solid foundation for pooling resources to promote the high-quality development of the "Silk Road in the Air".

　　Second, exchange discussions and gather experience and wisdom to promote the high-quality development of the "Aerial Silk Road"

　　More than 500 Chinese and foreign guests were invited to participate in this forum online and offline, and exchanged ideas and discussions around the theme of "making China-Luxembourg freight route’ air silk road’", analyzed the new situation and new opportunities, and put forward innovative and constructive thoughts and suggestions. Mainly concentrated in seven aspects:

　　First, deepen Zhengzhou-Luxembourg "double hub" strategic cooperation. Give full play to the linkage effect of international and domestic markets, build Zhengzhou into a modern and international world-class comprehensive transportation hub, and build a trading center, a logistics distribution center and an air express distribution exchange center that radiates across the country and connects the world.

　　The second is to promote the development of the aviation industry. Strengthen cooperation with China Commercial Aircraft and other leading enterprises in the fields of large aircraft industry chain supply chain construction and new technology development. Promote cooperation with European countries such as Luxembourg, introduce high-end manufacturing industries such as biomedicine, artificial intelligence, aircraft and parts manufacturing, and build an aviation economic industrial system based on aviation logistics and supported by aviation-preferred high-end manufacturing industries.

　　The third is to speed up the construction of Zhengzhou Airport and Zhengzhou Airport Port Area. Improve the operational service capacity of Zhengzhou Airport, apply for the implementation of the seventh freedom right, actively attract international freight forwarders and third-party logistics service providers, speed up the construction of Zhengzhou New land port and the high-speed rail logistics center of the airport, strive for the qualification of free trade pilot zone or free trade port, and promote the diversified development of Zhengzhou airport port industry.

　　The fourth is to deepen international cooperation in civil aviation. Deepen cooperation in the fields of international aviation hub construction and open development, route network interconnection, digital, intelligent and intelligent transformation of civil aviation industry, Unicom of civil aviation rules and standards, international capacity cooperation of civil aviation equipment manufacturing, and construction of civil aviation "Belt and Road" cooperation platform.

　　The fifth is to strengthen policy innovation. Strive to set up a comprehensive pilot project of digital cross-border flow, digital trade, national service industry expansion and opening up, and comprehensively deepen the pilot project of service trade innovation and development in Henan. Strive for national support for Henan’s cooperation with overseas countries, and build the World Electronic Trade Platform (eWTP) and overseas hub warehouses. Expand opening up in areas such as overseas M&A activities and cross-border supply chain management activities.

　　Sixth, accelerate the facilitation of customs clearance. Intensify innovation in concept, mechanism, technology, operation and process, and fully implement electronic single-window customs declaration for import and export commodities. Actively promote and jointly build the "Belt and Road" countries in the field of customs clearance standards, and promote the sharing of standard information and services. Construct and improve the port public health system and promote the implementation of accurate quarantine at smart ports.

　　The seventh is to build a green "Silk Road in the Air". Focusing on the goal of peak carbon dioxide emissions and carbon neutrality, we will promote the operation of carbon neutral flights between Luxemburg and Zhengzhou and other destinations in China. Give full play to Luxembourg’s advantages in green finance and deepen cooperation between Henan and Luxembourg in the field of green finance.

　　The above suggestions have injected impetus and vitality into the high-quality development of "Aerial Silk Road".

　　Third, work hard to further consolidate and smooth the "air bridge between China and Europe"

　　On November 16th, the Chairman of the Supreme Leader exchanged congratulatory messages with Henri, Grand Duke of Luxembourg, on the 50th anniversary of the establishment of diplomatic relations between China and Luxembourg, pointing out that "the Zhengzhou-Luxembourg Aerial Silk Road has built an aerial bridge connecting China and Europe", which is following the decision on June 14th, 2017 to "support the construction of the Zhengzhou-Luxembourg Aerial Silk Road" and the decision on February 6th, 2022 to "enlarge and strengthen the China-Luxembourg freight route" Aerial Silk Road ". This is not only a high affirmation of our province’s work in promoting Zheng-Lu’s "Silk Road in the Air", but also points out the direction for future development.

　　In the next step, we will take the success of this forum as an opportunity, take the spirit of the important speeches made by the 20th National Congress of the Communist Party of China and the General Secretary at the third symposium on the construction of the Belt and Road as a guide, thoroughly implement the spirit of the three important instructions of the General Secretary on the Zhengzhou-Luxembourg "Aerial Silk Road", and strive to build the Zhengzhou-Luxembourg "Aerial Silk Road" into a stronger, smoother and more well-being aerial bridge between China and Europe.

　　The first is to expand the air transport network. Focusing on the "double hub" construction of Zhengzhou-Luxemburg Airlines, we will speed up the construction of the third phase of Zhengzhou Airport, encrypt the direct flights between Henan and Shandong, expand the pilot scale of air-to-air transfer, make good use of the fifth freedom right, strive for the seventh freedom right, and continuously improve the international route network of Zhengzhou Airport. Steadily increase the scale of Zhengzhou-Lu air freight, and provide strong support for the "air silk road" of China-Lu freight route.

　　The second is to strengthen the docking of high-end industries. Give full play to the advantages of Luxembourg as a founding member of the European Union, and strengthen docking and cooperation with Luxembourg and other EU countries in the fields of aviation logistics, new energy, biomedicine, advanced manufacturing and cross-border e-commerce. Increase the financial docking between Henan and Shandong, give full play to the advantages of Luxembourg’s green finance, and help Henan enterprises to transform and develop in a green way.

　　The third is to comprehensively strengthen economic and trade exchanges. Accelerate the layout of two-way overseas warehouses in Henan and Shandong, innovate the customs clearance service mode, further promote the facilitation of customs clearance in Henan, Shandong and Europe, promote the quick inspection and release of general goods, e-commerce and mail goods, continuously expand the import and export categories and scale of high-quality featured products, and build a development pattern of "excellent entry and excellent exit".

　　The fourth is to deepen humanities exchanges and cooperation. Give full play to the advantages of our province as a major cultural province and a major sports province, continue to promote cultural relics exhibitions between Henan and Shandong, and strengthen cooperation in competitive sports and sports industries, as well as education, science and technology. Make good use of the convenient service platform of Luxembourg tourist visa (Zhengzhou) and continue to promote the series of "Zhonghuayuan" tourism in Henan.

　　The fifth is to establish a institutionalized cooperation platform. Strengthen exchanges and dialogues between the governments of Henan and Shandong, and explore the establishment of a institutionalized cooperation platform. Continue to run the "Aerial Silk Road" international cooperation forum well and build a national-level forum brand with strong international influence, which has become an important window for spreading the Silk Road spirit, an important link for connecting regional development and an important platform for promoting world cooperation.

　　Finally, thank you again for your friends in the news media. I hope you will continue to pay attention to the construction of Zhengzhou-Luxembourg "Aerial Silk Road" and the construction of an open and strong province in Henan, and work together to create a better future. thank you

　　Zeng Deya, Executive Vice Minister of Propaganda Department of Provincial Party Committee

　　Thank you, Director Ma Jian! Next, welcome all journalists and friends to ask questions. Please inform your news organization before asking questions.

　　People’s Daily reporter

　　As mentioned in the release just now, the forum was a complete success and yielded fruitful results. Then, in the next step, what other measures will be taken to deepen exchanges and cooperation between Henan and Shandong and promote the air bridge between China and Europe to be more stable and smooth? Thank you.

　　Liang Jieyi, Director of the Office of the Foreign Affairs Working Committee of the Provincial Party Committee

　　Thank you for your question. The day of the forum was the 50th anniversary of the establishment of diplomatic relations between China and Luxembourg. When the Chairman of the Supreme Leader exchanged congratulatory messages with the Grand Duke of Luxembourg, he pointed out that the Zhengzhou-Luxembourg "Silk Road in the Air" has built an air bridge between China and Europe. Luxembourg Prime Minister Berthaire also said in his speech at the forum, "This year marks the 50th anniversary of the establishment of diplomatic relations between Luxembourg and China, and it is also the 5th anniversary of the joint initiative of the two sides to support the construction of Zhengzhou-Luxembourg" Silk Road in the Air ". The’ Aerial Silk Road’ has become one of the most tangible pillars of bilateral cooperation between China and Luxembourg. " This forum is of great significance and far-reaching influence, which has opened a new journey and injected new connotation into the construction of Zhengzhou-Luxembourg "Aerial Silk Road" and pragmatic cooperation between China and Luxembourg. Both the Chinese Embassy in Luxembourg and the Luxembourg Embassy in China publicized the forum on their official social media, which attracted great attention from all walks of life in China and Luxembourg. In the next step, we will proceed from the following four aspects to promote the air bridge to be more stable and smooth.

　　First, strengthen high-level visits and promote policy communication. China has a saying, "As friends get closer, relatives get closer". Maintaining frequent high-level exchanges and contacts between the two sides and strengthening strategic communication will raise the flag and steer the ship for Henan-Luxembourg cooperation, which will play a vital leading role in enhancing mutual trust and deepening pragmatic cooperation between the two places. After the epidemic, we will strengthen the exchange of high-level visits, and lead the comprehensive cooperation between the two places with high-level exchanges.

　　The second is to improve the cooperation mechanism and promote smooth trade. Establish a mixed committee mechanism for cooperation between Henan and Lu, conduct regular exchanges and consultations, strengthen communication and cooperation, enhance the partnership between the governments, departments, business associations and enterprises of the two places, coordinate and promote cooperation in air freight, economic and trade exchanges, cultural exchanges and other fields, and make pragmatic cooperation between Henan and Lu enter a normal, long-term, institutionalized and convenient track.

　　The third is to expand people-to-people exchanges and enhance people-to-people communication. In recent years, the two sides have a good foundation for cooperation in humanities. The "Happy Spring Festival" visit of Henan Art Troupe and the exhibition of Henan cultural relics and treasures have caused a sensation in Luxembourg. We will give full play to Henan’s resource advantages in culture and sports, and hold more cultural exchange activities such as Henan Culture Week and table tennis friendly match with the help of important platforms such as China Cultural Center in Luxembourg, European Branch of China Table Tennis Institute and Confucius Institute in Luxembourg University, so as to further promote mutual understanding of civilizations and enhance the common feelings of the people.

　　The fourth is to strengthen industrial docking and promote industrial integration. Zhengzhou-Luxembourg "Aerial Silk Road" is not only an air cargo passage connecting China and Europe, but also a link for the common development of China and Europe, and it is also an international cooperation platform for building the "Belt and Road" with high quality. We will give full play to the comprehensive advantages and brand and platform effects of Zhengzhou-Luxembourg "Aerial Silk Road", actively promote industrial docking and cooperation between China and Luxembourg in the fields of logistics, finance, electronic information, new energy, biomedicine and cross-border e-commerce, and make better use of the two markets and resources of China and Europe to achieve closer interconnection. thank you

　　China news agency reporter

　　We know that Zhengzhou released the Construction and Prospect of Zhengzhou International Air Cargo Hub at this forum. What specific efforts will Zhengzhou make to strengthen the construction of international air cargo hub in the next step? Thank you.

　　Pan Kaiming, Vice Mayor of Zhengzhou Municipal People’s Government

　　Thank you for your question. The Party’s Report to the 20th CPC National Congress put forward: "Promote the high-quality development of the Belt and Road". This has pointed out the direction and path for us to promote high-level opening up. In the next step, under the guidance of the spirit of the 20th National Congress of the Communist Party of China, Zhengzhou will thoroughly implement the spirit of the important instructions of the Supreme Leader General Secretary on supporting the construction of the Zhengzhou-Luxembourg "Aerial Silk Road" and "building a logistics channel hub connecting domestic and foreign countries and radiating east, west and east", focusing on the strategic goal of "buying the world and selling the world", optimizing the allocation of resources around the "double hub" and taking air transportation as the basis. Expand the deep integration of industrial chain and supply chain, give priority to domestic big circulation, smooth domestic and international double circulation, consolidate and enhance development advantages, enhance the strength, toughness and vitality of Zhengzhou aviation economy, and make the "Aerial Silk Road" bigger and stronger.

　　The first is to build a hub portal with high standards. Guided by the construction of the "Silk Road in the Air", we will deepen the strategic cooperation of "double hubs", support Zhengzhou Airport to increase the introduction of cargo charter flights, encourage and support regular flights, build a high-quality route network layout, and connect the top 30 cargo hub destinations in the world with high frequency, so as to achieve efficient access to major cargo hub routes in the world. Relying on Zhengzhou airport-type national logistics hub, we will enhance the international competitiveness of the base airline company, build a hub-type local base airline, comprehensively improve the scale of passenger and cargo transportation, route network system, transit service level and regional contribution level, build a global and efficient freight route network system and transportation channels, and build a "global air freight hub" and a "modern international integrated transportation hub".

　　The second is to vigorously cultivate the airport hub economy. Create a legalized, international and convenient business environment for upstream and downstream enterprises in the industrial chain, and actively support large-scale logistics integrators such as UPS, DHL, FedEx (FedEx), China Eastern Logistics, SF Express and Zhongtong to set up port operation areas or distribution centers in Zheng, so as to continuously gather sources of goods and realize the large-scale development of aviation logistics. Attract high-end manufacturing, trade logistics and the upstream and downstream development of the industrial chain, and form the integration point of the industrial chain supply chain. We will build a modern service industry focusing on modern logistics, cross-border e-commerce and trade exhibitions, and a high-end manufacturing industry focusing on electronic information, intelligent manufacturing and biomedicine, strengthen the allocation capacity of industrial factors in human resources, technological innovation and modern finance, and gradually improve the total factor productivity. Establish an ecosystem of hub economic development, strengthen the pooling capacity of global resources, build a hub economic cluster with international influence, and cultivate a national logistics hub economic demonstration zone with distinctive characteristics.

　　The third is to continuously improve the multimodal transport system. Explore the development model of "aviation+high-speed rail" combined transport, plan and build air-rail combined transport logistics facilities, accelerate the integration of air freight and high-speed rail express, and take the lead in building a high-speed rail freight hub. Make overall use of and integrate air freight, high-speed rail logistics and truck flight resources, and explore the organization form of high-speed rail freight, the standard of air-rail combined transport facilities and the transfer process in terms of source information sharing, cargo distribution and transshipment, and rapid collection and distribution. Actively cooperate with the Ministry of Transport and other transportation authorities to promote the standardization of air-public transport loading equipment, and guide Zhengzhou Airport and local capable enterprises to jointly develop more standardized air-land transport loading equipment. Actively participate in the pilot construction of multimodal transport and the formulation and promotion of standards, accelerate the "one single system" of multimodal transport, and create a high-quality national model of multimodal transport.

　　The fourth is to continuously improve the efficiency of customs clearance at ports. Promote the continuous optimization of the customs clearance environment and ensure that the advantages of customs clearance are leading the country. Promote the construction of Zhengzhou international mail hub port, optimize the list of pharmaceutical products sold by cross-border e-commerce, and strengthen the joint development of air ports and Xinzheng comprehensive insurance zone. Expand the "single window" service function and application field of international trade, accelerate the promotion of pilot experience of aviation electronic freight transportation at Zhengzhou Airport, expand data interconnection between Zhengzhou Airport and relevant international airports, and build an international regional aviation logistics information exchange hub.

　　Fifth, focus on deepening humanities exchanges and cooperation. Relying on the historical origins of countries along the "Belt and Road", we will strive to build a cultural exchange center on the Silk Road, extensively carry out cooperation in the fields of culture, tourism, education, science and technology, medical care, etc., lay a solid public opinion and social foundation for comprehensively deepening cultural exchanges and mutual learning, continue to promote and promote cultural brands with Zhengzhou characteristics, and consolidate and enhance the status of Zhengzhou as an important node of the "Belt and Road". thank you

　　Henan Daily reporter

　　We know that Henan Hangtou Group has achieved outstanding results in promoting the construction of Zhengzhou-Luxembourg "Silk Road in the Air". I want to know, how does Hangtou Group consider the next step of transforming the advantages of aviation logistics into the advantages of hub economy through the construction of the "Aerial Silk Road"? How will we continue to promote the high-quality development of the aviation industry? Thank you.

　　Qiao Chang ‘en, Deputy General Manager of Henan Hangtou Group

　　Thank you for your attention and questions from media friends. At the Zhengzhou-Luxemburg International Cooperation Forum on the "Aerial Silk Road" just past, Director He Lifeng of the National Development and Reform Commission and Secretary Lou Yangsheng of the Provincial Party Committee made arrangements for the construction and development of Zhengzhou-Luxemburg’s "Aerial Silk Road" in the next step. The speeches and exchanges of experts at the meeting released the highest-level research results at present. At present, we must first study and implement them. Hub construction and industrial development are the two main areas of the "Silk Road in the Air", and they are also the two directions that Aviation Investment Group has been focusing on. Guided by the construction of the "Silk Road in the Air", we will help Henan to closely connect with the global industrial chain supply chain system with the development of air transportation, continuously improve the concentration of aviation industry with the focus on aviation manufacturing, and continue to help Henan’s transportation advantages transform into hub economic advantages. Specifically, there are three aspects:

　　First, multi-strategies should be taken simultaneously to weave Henan’s air network connecting with the world and continue to expand air transport business. We will continue to deepen the "double hub" cooperation relationship with Luxemburg Cargo Airlines, enhance the level of strategic coordination, strive to expand the fifth freedom right destination, support and promote Luxemburg Cargo Airlines to further encrypt the flight routes in Europe and North America in Zhengzhou, enhance the radiation accessibility of the hub of "connecting three continents with one point", help Henan’s economy better integrate into the global division of labor system, and serve the overall situation of national open economic development. At the same time, Zhongyuan Long Hao Airlines, a subsidiary of Henan Aviation Investment Group, will continue to expand its fleet size and promote large-scale and networked construction. In the near future, it will mainly establish an air cargo network covering the main areas of RCEP and reaching major cities in China, deepen the cooperation mode of air-to-air, dry-to-branch combined transport with Luxemburg Cargo Airlines, and jointly build an integrated operation platform of "double cargo navigation", "double hub" and "double base" to realize intercontinental routes and regions.

　　Second, make efforts in many directions, focusing on air transportation and aviation manufacturing, and promote the accelerated development of aviation economy in many fields. For many years, Henan Aviation Investment Group has been committed to building the whole industrial chain of aviation economy, insisting on focusing on the main aviation industry and building industrial synergy advantages. At present, the industrial sector has covered many fields such as civil aviation transportation, aviation logistics, aviation training, general aviation, aviation finance, aviation manufacturing, aviation infrastructure, aviation informatization, aviation cultural tourism and so on. At the just-concluded Zheng-Lu "Aerial Silk Road" international cooperation forum, we achieved 11 signing achievements with Chinese and foreign partners. In the next step, we will continue to focus on the aviation industry map, make efforts in various directions, make efforts to extend and supplement the chain, continuously gather high-end factor resources, actively build aviation logistics service integrators, strive to integrate into the supply chain system of the large aircraft industry chain, promote the construction of the largest aviation simulation industrial base in China, and actively promote the construction of a one-stop aircraft maintenance project in Zhengzhou, vigorously develop the general aviation industry, build a low-altitude economic industrial ecosystem, and promote air transportation to lead the development of aviation economy in many fields.

　　The third is multi-party cooperation, focusing on innovation for the development of aviation industry, and promoting open cooperation through platform construction. We will vigorously promote the integration of production and innovation, production and talent, promote the establishment of "Henan Advanced Aviation Simulation Technology Industry Research Institute" with Beihang University and China Civil Aviation Science and Technology Research Institute, and build an innovative consortium of "politics and Industry-University-Research". At the same time, we will do a good job in the concrete implementation of the cooperation between the provincial government and Comac China, and actively promote the key technical research and the transformation of scientific and technological achievements in the field of domestic large aircraft flight simulation. At the forum, we signed a cooperation agreement with China Civil Aviation Management Cadre College, and will cooperate in base co-construction, cadre education, academic education, industry training and scientific and technological innovation, so as to empower the development of aviation industry. We will continue to build a high-energy platform for open cooperation, gather strength to enhance the influence and drive of Zhengzhou-Lu International Cooperation Forum on the "Aerial Silk Road", actively promote the forum to be held in Zhengzhou and Luxembourg in turn, deepen and expand international cooperation at a higher level, and gather energy for the high-quality construction and development of the Aerial Silk Road. thank you

　　Henan radio and TV reporter

　　We learned that at this forum, Chinese and foreign guests jointly praised the pragmatic achievements in the construction of the "Aerial Silk Road" and were full of expectations on how to build a high-quality "Aerial Silk Road" in the future. Excuse me, Zhengzhou Airport, as one of the two main hub airports at both ends of the "Silk Road in the Air", what specific measures will Zhengzhou Airport take in building a modern, international and world-class air cargo hub? Thank you.

　　Kang Shuxia, Deputy General Manager of Henan Airport Group

　　Zhengzhou-Luxembourg International Cooperation Forum on "Aerial Silk Road" was successfully held in Zhengzhou, which was a great event under the background of the initial success of Zhengzhou International Air Cargo Hub, and attracted the attention of airports, airlines and logistics enterprises at home and abroad. Participants made suggestions and suggestions on the construction of the "Aerial Silk Road" and the transformation and development of aviation logistics, which enhanced the reputation and influence of Zhengzhou International Air Cargo Hub in the global aviation market, and pointed out the direction for further grasping the market development law, clarifying the strategic layout of aviation logistics development, and enhancing the competitiveness of the hub and the radiation-driven ability of the "Aerial Silk Road".

　　In the next step, we will focus on "three upgrades" and "three transformations", highlight the functions of "six centers" and accelerate the development of Zhengzhou Airport into a modern, international and world-class air cargo hub.

　　To build a world-class air cargo hub, it is necessary to continuously promote the improvement of service, efficiency and ability. First, in terms of service improvement, we will further improve the hub route network, strengthen the fulcrum of overseas cargo terminals, and smooth the air economic corridor; Set up cargo terminals in different places, optimize the ground collection and distribution system, enhance the ability of goods gathering, and form an efficient, coordinated and mutually supportive international supply chain industry chain guarantee mode of "air-ground double network". Accelerate the construction of the third phase of the project, optimize the functional layout of the cargo terminal as a whole, plan and build freight export collection and import supervision facilities, and form first-class facilities and complete hardware support. Explore the "bonded+airport" business and form an innovative operation mode with overlapping and complementary functions. Establish an air transport security mechanism, implement the "white list" system of air transport enterprises, and ensure air transport security and smoothness in an emergency. Second, in terms of efficiency improvement, we cooperated with the resident units to continuously innovate the supervision mode, improve customs clearance efficiency, and provide convenient customs clearance services for customers. Further promote the pilot construction of electronic freight, expand the scope of paperless application, and provide customers with the lowest cost and higher efficiency platform services. Improve the air-to-air business process, form an international and domestic, single-airline and multi-airline, multi-category cargo integration and mutual transfer mode, and strengthen the hub network function. Through the construction of intelligent vision platform, automatic weighing and code scanning system, automatic three-dimensional warehouse and unmanned forklift are introduced to improve the operation efficiency of the cargo terminal. Third, in terms of capacity improvement, it is first-class in the benchmarking industry, and implements the access mechanism for operation business in the reservoir area to realize iterative upgrading of operation management level. Optimize manpower allocation,Strengthen international cooperation and exchange, and build a professional support team. Establish an enterprise credit system, simplify the guarantee process, reduce the package opening rate of security inspection, and improve the efficiency of goods inspection. Introduce international first-class enterprises, learn from international management experience, optimize and standardize operation standards, and improve the internationalization and specialization level of cargo terminal operation.

　　On the basis of improving the service, efficiency and capacity of the hub in an all-round way, we will focus on three changes, namely, "from a single air freight channel to a domestic and international dual-cycle system, from resource-dependent to innovation-driven and from mutual competition to model innovation", so as to further enhance the competitiveness of the hub. We will continue to take customer service as our responsibility, broaden the domestic and foreign aviation logistics head enterprises, expand the global "circle of friends" and enhance the influence of the hub. Strive to form a hub operation center with efficient operation and first-class guarantee through 3-5 years’ efforts; Network service center with internal and external linkage and efficient land-air connection; Smart, green, convenient and fast information service center; Practice and innovation center with pilot first and innovation leading; A financial service center with convenient investment and trade and gathering hub resource elements; High-end industrial agglomeration and radiation drive significant industrial agglomeration centers.

　　In the future, under the guidance of the spirit of the 20th National Congress of the Communist Party of China, Henan Airport Group will thoroughly implement the important guiding spirit of the Supreme Leader’s General Secretary on "making the air silk road of China-Luxembourg freight routes bigger and stronger", continue to devote itself to building a modern, international and world-class air cargo hub, continue to build an air bridge connecting China and Europe and even countries around the world, continuously improve the development level of Zhengzhou International Air Cargo Hub, continue to give full play to its industrial advantages, and make new contributions to the high-level opening up of our province. thank you

　　Top journalist

　　Zhengzhou Airport Economic Comprehensive Experimental Zone, as a national aviation economic pioneer zone, how will Zhengzhou Airport Economic Comprehensive Experimental Zone rely on the "Aerial Silk Road" to build a large hub and promote the signing of the forum to strengthen the aviation economy? Please introduce it, thank you.

　　Yang Xiaofeng, Director of Science and Technology Talent Bureau (Industry Service Bureau) of Zhengzhou Airport Economic Comprehensive Experimental Zone

　　Thank you for your question, and thank you for your continuous concern about the development of the airport area in recent years.

　　On March 7, 2013, Zhengzhou Airport Economic Comprehensive Experimental Zone was formally approved for establishment, which is the first and only aviation economic pioneer zone approved by the State Council in China. On June 14th, 2017, when meeting with Luxembourg Prime Minister Berthaire, the Supreme Leader of president clearly proposed to support the construction of Zhengzhou-Luxembourg "Silk Road in the Air". In the past five years, we have always kept in mind the entrustment of the leaders, adhered to the construction of the "Silk Road in the Air" as the guide, unswervingly followed the path of "hub+opening", realized the strong rise of Henan’s aviation economy, and successfully created an inland open brand of "flying in the blue sky without the sea, along the border and on a runway", which has made active explorations for the development of aviation economy in China, especially in inland areas.

　　First, continue to plan and build a "big hub." With the goal of building a leading "air-to-ground transit" airport in China, the airport port introduces various modes of transportation such as high-speed railway, intercity railway, urban rail transit and expressway, and promotes the coordinated development of airport, railway port, highway port, seaport and data port. With the upgrading of Zhengzhou Airport to 4F-class airport, the airport north cargo area and high-speed rail airport station were completed and put into use, and the land port airport area and Zhengzhou (water) port successively landed, officially entering a new era of integrated development of "air, land, iron and water". At present, we are accelerating the construction of a modern, international and world-class logistics hub.

　　The second is to continuously expand the aviation economy. In recent years, the airport area has focused on cultivating six leading industries: aviation logistics, electronic information, biomedicine, new energy vehicles, aerospace and modern service industry. In 2021, the output value of electronic information industry in the whole region reached 411 billion yuan, accounting for 79% of the whole province. Zhengzhou Linkong Biomedical Park has been built, with more than 70 biomedical enterprises such as Hongyun Huaning and Shengsi Bio-tech, and more than 10 national 1.1 innovative drug projects under research. The total import and export volume of Zhengzhou Xinzheng Comprehensive Insurance Zone has increased by ten consecutive years since it was closed, and it has been praised by the General Administration of Customs as "a model for small communities to drive big provinces". Cross-border e-commerce business has doubled for five consecutive years, reaching 130 million orders in 2021, ranking first in the central and western regions, and achieving "buy the world and sell the world". In June this year, the aviation manufacturing industrial park was completed and put into operation, and the first set of "Henan-made aviation simulation equipment" was exported overseas. Driven by the aviation economy, in 2021, the GDP of the whole region was 117.3 billion yuan, and the foreign trade import and export was 524.6 billion yuan, 5.7 times and 3 times that of 2012 before the approval.

　　The third is to provide excellent service and promote development. The airport port vigorously implements the strategic actions of innovation-driven, rejuvenating the region through science and education, and strengthening the region with talents, firmly establishes the clear orientation of "project is king", makes renewed efforts in the cultivation of industrial clusters, grabs the increment by "three batches" and expands the stock by "ten thousand people help ten thousand enterprises", and further promotes the "five chains" coupling development of industrial chain, innovation chain, supply chain, value chain and institutional chain. Improve the investment promotion mechanism, innovate investment promotion methods, optimize enterprise and project services, strive to create a first-class market-oriented, rule-based and international business environment, and ensure that the project will start, put into production and achieve early results. On November 16th, with the help of the international platform built by Zhengzhou-Luxembourg International Cooperation Forum on "Aerial Silk Road", we signed a number of new high-quality projects, such as high-speed rail multimodal transport modern intelligent comprehensive logistics park, international aviation bonded logistics base, aviation material sharing center, aviation simulator R&D and manufacturing, and aircraft leasing. These projects are highly compatible with the development orientation of leading industries in our region and inject new vitality into further accelerating the development of aviation economy in our region.

　　In April this year, the provincial party committee and the provincial government reformed Zhengzhou Airport Area, giving it a new orientation, new goals and new requirements. The airport area officially launched the "second venture" and studied and implemented the spirit of the 20th Party Congress throughout the country. We will comprehensively and thoroughly study and understand the spirit of the congratulatory message on the 50th anniversary of the establishment of diplomatic relations between China and Luxembourg, take the "Aerial Silk Road" as the guide, and make overall plans to promote the coordinated development of "air-land molten iron". Accelerate the construction of a modern, international, world-class logistics hub and a high-quality modern city with outstanding aviation characteristics, and contribute to the construction of a strong and open province in Henan with the "second take-off" of Zhengzhou Airport Port. thank you

　　Hong kong business daily reporter

　　As we know, Henan is the main birthplace of Chinese civilization and an important province of cultural relics resources in China. Excuse me, how will we expand the international influence of Central Plains culture through "cultural relic diplomacy" and let the world know more about Henan and China? Thank you.

　　Tian Kai, Party Secretary and Director of Provincial Cultural Relics Bureau

　　Thank you for your concern about cultural relics work. Henan is a big province of cultural relics and an important birthplace of Chinese nation and Chinese historical civilization. In the history of China, from the Xia Dynasty to the Northern Song Dynasty, 20 dynasties established or moved their capitals here. In the history of civilization of more than 5,000 years, Henan was in the political, economic and cultural center of the country for more than 3,000 years. Henan cultural relics are abundant, widely distributed, complete in categories and high in value, which are important advantageous resources for inheriting Chinese historical civilization and promoting foreign cultural exchanges.

　　In order to actively integrate into the "Belt and Road", implement the important instructions of the Supreme Leader General Secretary, actively serve the construction of Zhengzhou-Luxembourg "Silk Road in the Air", and promote cultural exchanges between China and Luxembourg, as well as with countries along the Silk Road and European countries, in June 2017, our bureau signed the first five-year strategic cooperation agreement with the Luxembourg National Museum of History and Art, stipulating that the two sides will cooperate in cultural relics exhibition, museum management and other cultural heritage fields. Under this strategic framework, in order to better serve the "Belt and Road" construction and expand cultural exchanges with countries along the route, we held "Luoyang Tang Sancai Art Exhibition" in Poland in December 2017, "Chinese Treasures Exhibition" in Saudi Arabia in September 2018, "Henan Cultural Relics and Treasures Exhibition" in Luxembourg in November 2018, and in Uzbekistan in October 2019. At the same time, cultural relics from Czech Republic, Britain, Germany, Italy and other countries were also introduced to Henan for exhibition, such as European glass art treasures exhibition-the collection of Prague National Arts and Crafts Museum in Czech Republic, Majori Kaqian ceramics essence-the collection of Faenza International ceramics museum in Italy, the Egyptian cultural relics exhibition of "The Palace of Immortality" in Italy, the Afghan National Treasure Exhibition, the roving exhibition of Napoleon’s cultural relics (China) and the German "White Gold East and West Porcelain Capital"."Microscopic Works-Collection Exhibition of Victoria and Albert Museum in Britain", etc. Through these exhibitions, the relationship between them has been brought closer, cultural exchanges have been promoted, the Central Plains civilization has been publicized, and mutual learning among civilizations has been promoted. Cultural relics are becoming an important bridge and medium for Henan to go to the world, and a beautiful business card for the foreign exchange of Central Plains culture. Up to now, Henan cultural relics have been exhibited in nearly 120 cities in more than 40 countries through more than 170 exhibitions.

　　This year marks the 50th anniversary of the establishment of diplomatic relations between China and Luxembourg. The Supreme Leader of president and Grand Duke Henry of Luxembourg exchanged congratulatory messages to celebrate the 50th anniversary of the establishment of diplomatic relations between the two countries. They pointed out: "The exchanges and cooperation between the two countries in various fields have yielded fruitful results, and the Zhengzhou-Luxembourg’ Aerial Silk Road’ has built an aerial bridge connecting China and Europe." In order to further accelerate the cultural exchanges and cooperation between Henan and Lu, improve the level of cultural exchanges between Henan and Lu, and deepen the "heart-to-heart" between the people of Henan and Lu, we signed the second five-year cooperation agreement with the Luxembourg National Museum of History and Art, which will continue to promote more cooperation between the two sides in the fields of cultural relics protection, archaeological research and cultural relics. According to the plan, in September 2023, we will introduce Luxembourg fine cultural relics to Henan for exhibition.

　　In the next step, we will continue to strengthen cooperation with Henan Civil Aviation Development and Investment Group and other units under the guidance of the spirit of the 20th Party Congress and the important instructions of the Supreme Leader’s General Secretary to inspect Anyang, and take this Zhengzhou-Luxembourg "Aerial Silk Road" international cooperation forum as an opportunity to further deepen the cultural cooperation and exchange between Henan and Europe with Luxembourg as the hub, and excavate and explain the Chinese ideological connotation and Chinese cultural value contained in Henan’s rich and heavy cultural relics. Carry out the introduction of Henan cultural relics into Europe, introduce European cultural relics into the Central Plains, promote the pace of Central Plains culture entering Europe and going global, and establish a platform to show China’s excellent culture to countries along the Silk Road and the world, and exchange and learn from each other’s civilizations, which will help to promote the strategic development of Henan’s integration of culture, tourism, culture and creation, shape the cultural brand of "Walking in Henan and Understanding China", tell China stories and Central Plains stories well, and spread the voice of China and Henan well. Thank you.

　　Zeng Deya, Executive Vice Minister of Propaganda Department of Provincial Party Committee

　　Thank you publishers! Time, that’s all for today’s on-site questions. If you have other concerns, you can contact the relevant units for an interview after the press conference.

　　Media friends, the 20th National Congress of the Communist Party of China emphasized: "China adheres to the basic national policy of opening to the outside world, firmly pursues an open strategy of mutual benefit and win-win, constantly provides new opportunities for the world with the new development of China, and promotes the construction of an open world economy to better benefit the people of all countries." Recently, everyone has noticed that in these days when the 20th National Congress of the Communist Party of China was successfully closed, the General Secretary of the Supreme Leader intensively met with leaders from many countries, from Beijing to Bali to Bangkok, and launched a series of important diplomatic activities, bringing positive energy for the chaotic and intertwined world to seek common development and progress and jointly promote peace and stability. Among them, the high-quality "Belt and Road" shows that China is a big country with openness to relieve the difficulties of development, the power of open exchange cooperation, the trend of innovation through openness, and the benefit of sharing through openness.

　　We know that the Silk Road spirit originated in China, belongs to the world, and is also the sunshine avenue that builds a community of human destiny. As just introduced by various publishers, in the past five years, General Secretary of the Supreme Leader has given important instructions to support the construction of the Zhengzhou-Luxembourg "Aerial Silk Road", we have always kept in mind the leader’s entrustment, and promoted the "Aerial Silk Road" from a route to the world, from trade to people’s hearts. It has become an important channel for international cooperation, a solid bridge for development linkage, and a valuable bond for friendship, which has driven Henan out of a new way of opening up to the outside world in inland areas. At today’s press conference, this series of important messages depicts a clear map of our joint construction of the "Belt and Road" on the new journey, especially the high-quality promotion of the "Silk Road in the Air"; It shows that on the new journey, Henan has thoroughly implemented the spirit of the important instructions of the important speech of the Supreme Leader General Secretary, and has a better prospect of building the "Aerial Silk Road" with high quality, which has released Henan’s firm confidence and strong signal of grasping the strategic opportunity of building a new development pattern and coordinating epidemic prevention and control and economic and social development. Here, I hope that media friends will focus on China and Henan, the construction of the "Silk Road in the Air" and the integration of the "Four Silk Roads", and tell the story of Henan’s high-level opening, deepening policy communication with the world, connecting facilities, smooth trade, financing and people’s hearts at a higher level and at a deeper level, so as to provide strong public support for the construction of modern Henan.Concentrate on the powerful force to overcome the difficulties and move forward bravely!

　　That’s all for today’s press conference. Thank you, goodbye!

　　(1) Training target: enterprises and institutions that have a certain demand for various applications of patents and have a certain ability to use them, except patent applications. Have a certain patent foundation, a special intellectual property department in the enterprise, and intellectual property management personnel with certain patent-related knowledge.

　　(2) Course orientation: patent creation, intermediate courses and practical training.

　　(3) Training time: 4 class hours.

　　(4) Teaching content: Patent mining refers to the process of analyzing, sorting, splitting and screening the obtained technical achievements from the technical and legal levels in technology research and development or product development, so as to determine the technological innovation points and technical solutions for applying for patents, and it is a process of extracting the technological innovation points and solutions with patent application and protection value from the innovation results. Patent mining is at the front end of enterprise patent workflow, which has a far-reaching impact on patent management, application and protection in the later period. It is the foundation of enterprise patent work and is conducive to maximizing legal rights and commercial benefits and minimizing patent infringement risks. This course highlights the characteristics of patent mining through the process of gold panning, shows and explains all the steps in the whole process of patent mining through the case of "soap box", and puts forward three "grasping hands" to effectively carry out patent mining at the end of the course. Through this simple way, the purpose is to enable the trainees to understand and master the significance and specific process of patent mining as soon as possible, and to understand how enterprise managers and patent workers can carry out patent mining within the enterprise, so as to prompt the innovation achievements of the enterprise to be converted into patent applications in time, so as to obtain stronger patent protection.

As an important protection in the process of drug development, patent is self-evident. The number of patents owned by an enterprise not only forms important intellectual property protection for products, but also reflects the status and value of the enterprise. However, patents are also divided into "three, six and nine grades". A high-quality authorized patent not only protects the value of the product, but also has high value itself. However, a patent full of loopholes is difficult to obtain authorization. Even if it is authorized, it will be easily challenged by competitors, and eventually it will be "invalid", which will bring serious economic losses to enterprises. Therefore, it is extremely important for the pharmaceutical industry to understand "invalid patent" and achieve "from defense to attack"

What is the "patent invalidation system"

Patent invalidation system, which is regarded as "a corrective procedure for wrong patent authorization", has attracted much attention in patent systems in various countries, and its essence has the functions of error correction, defense and defense. The invalidation of patent will have a direct impact on the validity of patent right, and whether the patent right is effective and stable is an important premise and index to measure the quality of patent. Generally speaking, the invalidation of an invention-creation experience is finally kept valid, and its patent value is higher, which will also have an important impact on the subsequent measures taken by the patentee and the invalid claimant.

With the rapid increase in the number of drug patent applications and patent authorizations in China, there are more and more phenomena of using invalidation to challenge other people’s drug patents and expand their own benefits. Even the patent departments of some companies will organize personnel to "attack" competitors’ patents; At the same time, in order to keep the core claims of their own patents, some patentees have reduced their patent protection scope through invalidation to avoid subsequent patent litigation. In short, it is one of the necessary skills for every pharmaceutical company to protect its "core rights" by using the patent invalidation system as much as possible.

Based on the case of sildenafil patent in Pfizer, the author explains the importance of "invalid patent". In this case, the key points of the game for "invalid reasons" are as follows:

1. The patent specification shall explain the drug activity, preparation method, effective dosage and use method of the drug, and describe the medical effect of the drug on the second indication in detail through animal experiment or clinical trial data. However, the writing of the instructions is far from the above requirements, so that technicians in the technical field can’t know what medicine to use, what disease to treat, how to use the medicine correctly and how effective it is by reading the instructions without creative labor.

Second, this patent specification only generally records that the compounds of the present invention have been tested in vitro and found to be strong selective inhibitors of PDE-V with specificity for cGMP; Ordinary technicians in this profession can’t see what the so-called particularly preferred compounds are from this description, while the claims seek to protect the use of four products, and ordinary technicians in this profession can’t determine the relationship between these four products and the particularly preferred compounds in the above text description.

Three, the applicant made a major amendment to the claim, in fact, after the original claim was deleted and reassembled. This modification cannot be directly and undoubtedly derived from the information disclosed in the original specification and claims. Obviously, because the original specification and the claims did not fully disclose that the products in the present claims have clear medical functions and unexpected technical effects as required by the Patent Law, the modification results of the claims cannot be directly and undoubtedly derived from the specification and the original claims.

4. As the existing cGMP and PDE inhibitors can be used to treat ED, it has been suggested and suggested many times in the relevant literature, it is not difficult for ordinary technicians in this field to draw the results in the claims from these tips and suggestions.

On the above questions, Pfizer answered each "invalid reason" one by one, proving that there is no problem with the creativity of its patent. After that, the original Patent Reexamination Board of China National Intellectual Property Administration finally declared the patent authorized by the original research company Pfizer invalid through in-depth research. Pfizer was dissatisfied with the above decision of the original re-examination board, and immediately appealed to the Beijing No.1 Intermediate People’s Court to sue the original patent re-examination board, requesting the court to cancel its decision of invalidation. After repeated debates, in 2006, the Beijing No.1 Intermediate People’s Court officially announced the revocation of the decision of No.6228 made by the original Patent Reexamination Board. Since then, Pfizer’s Viagra has made huge profits in China every year, but sildenafil produced by domestic generic drug companies cannot be listed. This situation continued until the listing of domestic sildenafil "Jinge" in 2014.

The importance of "public opinion"

The application for "invalid patent" can not be disputed only after authorization. When the application documents appear, they can be questioned in the form of "public opinions". Article 48 of the Detailed Rules for the Implementation of the Patent Law stipulates that "from the date of publication of an application for a patent for invention to the date of announcement of the grant of a patent right, anyone may put forward opinions to the patent administration department of the State Council and explain the reasons", which is also called "public opinions" in the industry. Pharmaceutical enterprises should make full use of this provision to protect their own interests to the maximum extent.

The rosiglitazone case illustrates the importance of "public opinion". In 1993, GlaxoSmithKline applied for a series of patents including pharmaceutical compounds and compositions, such as the invention patent application with the application number of CN98805686.0, which requested to protect the pharmaceutical composition containing 2mg~8mg of rosiglitazone. The application date was June 2, 1998, the publication date was July 5, 2000, and it was authorized on July 2, 2003. It can be seen that it took about three years from the disclosure of the patent application to the announcement of authorization. During these three years, the relevant enterprises in China did not put forward any "public opinions".

In 2004, when Shanghai Sanwei Pharmaceutical, Zhejiang Wanma Pharmaceutical, Chongqing Taiji Group and other domestic enterprises have invested a lot in research and development of this drug or entered the stage of drug registration, they suddenly received a lawyer’s letter from GlaxoSmithKline, claiming that the products developed by the above-mentioned enterprises infringed their patent ZL98805686.0, demanding that the above-mentioned enterprises stop the research and development and listing of related products and compensate for the losses. As a result, these enterprises jointly requested the original patent reexamination board to declare the patent invalid. Although the case ended in GlaxoSmithKline’s abandonment of the patent, it lasted for a long time and had a great impact, causing huge losses to China enterprises.

Analyzing the case, when domestic pharmaceutical companies were ready for production and even obtained the approval of drug production, they found that they were facing the infringement lawsuit of foreign pharmaceutical companies, so they passively responded and rushed to the original Patent Reexamination Board to file a patent invalidation request in an attempt to invalidate the patent. In this case, even if the patent right can finally be declared null and void in whole or in part, China enterprises still face huge market risks and interest losses due to the long trial period and long-term uncertainty of rights.

In fact, an application for a patent for invention will be published within 18 months from the date of filing (unless the applicant requests it to be published in advance), and then the Patent Office will start substantive examination on it at the request of the applicant. If the examiner thinks that the patent application conforms to the relevant provisions of the Patent Law and the Detailed Rules for the Implementation of the Patent Law, the patent right will be granted and announced to the public, otherwise, it will be rejected. After the patent is granted, anyone (the third party) who thinks there is a problem with the patent grant may go to the relevant department to request that the patent be declared invalid. Of course, if you are not satisfied with the invalidation or review decision made by the relevant department, either party can also bring a lawsuit in court. Generally speaking, after an invention patent is published 18 months from the date of filing, it sometimes takes 2-4 years to decide whether to authorize it. At this stage, whether the patent application can be finally authorized is still in a pending state, which is the time allowed to put forward "public opinions" as stipulated in Article 48 of the Detailed Rules for the Implementation of the Patent Law. It can be seen that how to reduce the losses caused by patent disputes relatively, the "public opinion" before patent authorization is very important.

In recent years, Chinese pharmaceutical enterprises have paid more and more attention to the protection of intellectual property rights. The intellectual property departments of many large pharmaceutical companies have even reached the scale of 100 people. In addition, for some important patent applications, some pharmaceutical companies will take them to more professional patent agencies for secondary processing and polishing before submitting applications. It can be seen that pharmaceutical companies pay more and more attention to patent application and are more and more cautious about controlling patent quality. With the increasing number of patent challenges and invalid patent applications, the trend of domestic pharmaceutical companies turning from defending to attacking intellectual property rights has been initially established.

(Qiang Sen)

The State Taxation Bureau of all provinces, autonomous regions, municipalities directly under the Central Government and cities under separate state planning:

　　　　In order to strengthen the collection and management of value-added tax and plug the loopholes, the State Administration of Taxation has decided to comprehensively popularize and apply the red-letter VAT special invoice notice management system (hereinafter referred to as the red-letter invoice notice management system). The relevant work is hereby notified as follows:

　　　　I. Systematic training

　　　　(A) tax training

　　　　The State Administration of Taxation is responsible for organizing the training of teachers’ classes in all provinces. Each province is responsible for the training of relevant personnel in this province, and the training work was completed before September 30, 2008. The specific training arrangements are as follows:

　　　　1. In the middle and late September of 2008, the State Administration of Taxation organized and completed the training of teachers in all provinces of China. The time, place and participants will be notified separately.

　　　　2. Before September 30, 2008, the provinces shall be responsible for organizing and completing the training of personnel in specific operating positions in the province.

　　　　(B) Enterprise-side training

　　　　From October 1, 2008 to November 30, 2008, all localities should complete the training of anti-counterfeiting and tax-controlled enterprises.

　　　　For enterprises that have been upgraded to a multi-ticket system with one machine, the training is conducted in a free and centralized way, and the competent tax authorities are responsible for providing training places and doing a good job in publicity and organization. Service units around the country provide training teachers free of charge. The training content includes tax personnel’s preaching on the relevant business policies and regulations of red-letter VAT special invoices, and service unit personnel’s introduction on the upgrading and operation of the invoicing system.

　　　　For enterprises that have not been upgraded to one-machine-multi-ticket system, service units should also carry out training on one-machine-multi-ticket billing system. For the specific training scheme, refer to the Notice of State Taxation Administration of The People’s Republic of China on Implementing the One-machine-multi-ticket System for VAT Anti-counterfeiting and Tax Control (Guo Shui Fa [2006] No.78).

　　　　Second, the system upgrade

　　　　(A) tax upgrade work

　　　　Before September 30, 2008, the State Administration of Taxation will organize relevant software development units to complete the upgrade of relevant systems of the State Administration of Taxation in all provinces, autonomous regions, municipalities directly under the Central Government and cities with separate plans. The specific arrangements will be notified separately.

　　　　(B) Enterprise-side upgrade work

　　　　All localities should complete the upgrading of the enterprise-side billing system from October 1st to November 30th, 2008. For different versions of the billing system, the upgrading methods are different. The specific methods are as follows:

　　　　1 for enterprises that have been upgraded to a multi-ticket system, in principle, enterprises should use the upgrade CD to complete the software upgrade themselves. The upgraded CD-ROM will be distributed free of charge when the enterprise participates in the training. In case of unsuccessful upgrade or abnormal system, local service units will provide free on-site upgrade service.

　　　　2. For enterprises that have not been upgraded to a multi-ticket system with one machine, the upgrading scheme shall refer to the requirements of documentNo. [2006]78 of the State Administration of Taxation.

　　　　3. Host sharing system enterprises need to upgrade the upper software, and the upgrade work is completed by the service unit.

　　　　4. The tax authorities need to load the bottom layer of the golden tax card and upgrade the upper layer software to open the special VAT invoice system on behalf of the tax authorities, and the tax authorities will assist the service units to complete it together.

　　　　Third, the system operation

　　　　From October 1, 2008, the national tax system must use the red-ink invoice notice management system to issue the Notice of Issuing Special VAT Invoices in Red-ink (hereinafter referred to as the Notice), and stop using the original method to issue the Notice. Enterprises must complete the upgrading of the billing system before November 30, 2008, and the upgraded enterprises will use the new billing system to issue red-ink VAT invoices from the date of upgrading.

　　　　IV. Relevant requirements

　　　　(1) From October 1, 2008, all competent tax authorities shall designate relevant post personnel to issue and manage the Notice through the upgraded VAT anti-counterfeiting and tax-controlled tax terminal system. The abnormal information found in the issuance and verification of the Notice and the verification of tax returns shall be promptly transferred to the audit and inspection post by the relevant post personnel for verification and handling.

　　　　(II) According to the actual situation of the trial operation of the red-ink invoice notice management system, the State Administration of Taxation has revised the application form for issuing special red-ink VAT invoices and the notice form. See the annex for the new form format. From October 1, 2008, the new form will be uniformly used for enterprises that newly apply for issuing special red-ink VAT invoices.

　　　　(3) The certified invoices are special VAT invoices that cannot be certified, and the certified post personnel must confirm and save the results that cannot be certified in the certification subsystem.

　　　　(4) When the enterprise declares, the personnel who declare the collection post shall strictly examine whether the red-ink special VAT invoice has been issued and obtained the effective Notice, and those who have not obtained the effective Notice shall be transferred to the examination post in time, and the examination post personnel shall check and deal with it in accordance with relevant regulations.

　　　　(5) After the upgrading of the enterprise billing system, the Notice issued in the original way must be issued before November 30, 2008, and after December 1, 2008, it can no longer be used as the basis for issuing red-ink VAT invoices. For the Notice issued by the original method, when issuing a special red-ink VAT invoice, the number of the Notice must be entered according to the 16-digit coding rule, which is: 1234569911+6 digits of the Notice number issued by the original method (if the number of the Notice issued by the original method exceeds 6 digits, the next 6 digits will be taken; If it is less than 6 digits, then add 0 before the original number).

　　　　(VI) The upgrade involves a wide range and the time is short. Local tax authorities should attach great importance to it, seriously organize and implement it, do a good job in publicity and guidance for taxpayers by various means, and supervise local service units to distribute CDs to all enterprises free of charge. It is not allowed to charge various fees or tie-in equipment by this upgrade.

　　　　Please contact the call center of the State Administration of Taxation (400-811-2366) if there are any problems in the implementation of the local governments.

　　　　Attachment: 1.
Application Form for Issuing Special VAT Invoice in Red Letter

　　　　　　　　　 2.
Notice of issuing special VAT invoice in scarlet letter　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　

　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　State Administration of Taxation (SAT)

　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　Press release issued on 25th August, 2008

Beijing Medical Insurance Fa [2023] No.1

District medical insurance bureaus, finance bureaus, health and wellness committees, social undertakings bureau of Beijing Economic and Technological Development Zone, financial audit bureau, and relevant designated medical institutions:

　　In order to conscientiously implement the decision-making arrangements of the CPC Central Committee, the State Council, the Municipal Party Committee and the Municipal Government, according to the requirements of the Notice of the National Medical Insurance Bureau, the Ministry of Finance, the National Health and Wellness Commission and the National Disease Control Bureau on Optimizing the Relevant Policies of Medical Insurance for Infected Patients in novel coronavirus after the Implementation of "Class B Management" (No.1 [2023] of Medical Insurance), and to ensure that the people can smoothly spend the peak period of infection, it is decided to optimize and adjust the relevant policies of medical insurance in this Municipality. Relevant matters are hereby notified as follows:

　　First, optimize the medical insurance payment policy and improve the level of reimbursement for medical treatment at the grassroots level.

　　Novel coronavirus infected patients in all admitted medical institutions, in line with the novel coronavirus infection diagnosis and treatment plan formulated by the health department of hospitalization medical expenses, the implementation of the upfront cost guarantee policy, by the basic medical insurance, serious illness insurance, medical assistance, etc. in accordance with the provisions of payment, the personal burden of part of the financial subsidies, the required funds paid by the financial sector in advance, the central government according to the actual cost of 60% subsidies. This policy is based on the time of admission of patients and will be implemented until March 31, 2023.

　　Cooperate to promote the implementation of graded diagnosis and treatment, guide patients to seek medical treatment at the grassroots level, and ensure stable and orderly medical services. According to the actual situation of this Municipality, we will increase the support for bringing village clinics and community health service institutions in rural areas into the designated medical institutions for medical insurance in this Municipality, and sign an agreement on temporary designated medical institutions with interested village clinics and community health service institutions in rural areas. Encourage medical institutions to supply novel coronavirus infection treatment drugs in the medical insurance drug list (including temporary supplements in this Municipality). For the insured patients with novel coronavirus infection and 11 kinds of suspected symptoms (see Annex for details) in the designated medical institutions at the second level and below in this city, special guarantee will be implemented for outpatient and emergency expenses, with no deductible line and capping line, and the reimbursement ratio will be 90%, which will be implemented first until March 31, 2023.

　　Due to the increased expenses paid by the medical insurance fund due to the adjustment of reimbursement ratio, the medical insurance department automatically made up the difference through the information system in April according to the medical information of the insured patients uploaded by the medical institutions, and directly allocated the difference-making expenses to the entrusted bank account bound by the insured, and the insured did not need to declare.

　　The outpatient and emergency expenses of novel coronavirus infection treatment for insured patients in other medical institutions shall be implemented in accordance with the medical insurance policies for other Class B infectious diseases.

　　Two, the implementation of temporary medical insurance drug list, to meet the needs of patients.

　　According to the "novel coronavirus Infection Diagnosis and Treatment Plan" issued by the National Health and Wellness Commission and the State Administration of Traditional Chinese Medicine, the temporary payment policy for novel coronavirus treatment drugs in the plan will be implemented until March 31, 2023. With the consent of the State Medical Insurance Bureau, the drugs identified by the joint prevention and control mechanism in this Municipality for treating novel coronavirus infection will be temporarily included in the list of medical insurance drugs in this Municipality, and will be implemented first until March 31, 2023.

　　Third, do a good job in the "internet plus" medical insurance service to help patients with online diagnosis and treatment

　　The administrative department of health shall promptly publish the list of medical institutions providing Internet diagnosis and treatment services, provide mobile payment and settlement services for patients with symptoms related to novel coronavirus infection and meeting the Guidelines for Home Treatment of Covid-19 Infected Persons, and the medical insurance department shall support the price policy of Internet first-visit medical services according to the principle of online and offline consistency, and the reimbursement standard is consistent with offline. The follow-up service for infection-related symptoms in novel coronavirus is still implemented according to the current reimbursement policy for follow-up visits on the Internet.

　　Fourth, improve the price formation mechanism and enhance the ability of medical insurance.

　　We will continue to do a good job in price negotiation or consultation, centralized procurement, online procurement, filing procurement and price monitoring of drugs needed for the treatment of infected patients in novel coronavirus, so as to reduce the treatment cost of infected patients in novel coronavirus. Combined with the actual operation of the medical insurance fund, the medical insurance department promotes the implementation of the policy as a whole and scientifically determines the scope and level of protection, which not only reasonably reduces the burden on the masses, but also ensures the safety and sustainability of the medical insurance fund. On this basis, the medical insurance fund does not meet the expenditure, and the financial department will give appropriate subsidies.

　　Five, optimize the medical insurance handling process, provide convenient medical insurance services.

　　We will continue to provide convenient medical insurance services, implement the long-term prescription medical insurance payment policy, and implement online routine medical insurance handling, timely emergency handling, private special matters, delayed non-urgent matters, and eliminate hidden dangers. According to the needs, and belong to the municipal health department to determine the scope of medical institutions that provide Covid-19 infected patients with the ability to treat novel coronavirus infection, non-medical insurance designated medical institutions signed the Temporary Special Agreement on the Settlement of Medical Insurance Expenses of novel coronavirus Infected Patients, guiding all kinds of medical institutions to do a good job in the collection and uploading of information related to novel coronavirus infection diagnosis and settlement, and the settlement of medical insurance expenses. Give full play to the handling power and promote the sinking of services. Agencies at all levels should cooperate with relevant departments to do a good job in health promotion in rural areas and urban communities, popularize knowledge of epidemic prevention and control, raise people’s awareness of self-protection, and earnestly ensure that medical insurance management is not loose and medical insurance handling services are uninterrupted. All designated medical institutions should diagnose the new coronavirus infection and 11 kinds of suspected symptoms, accurately express the diagnosis information and upload it in time.

　　Sixth, strengthen departmental coordination and linkage to ensure that policies are effective.

　　The implementation of "Class B management" for novel coronavirus infection is an important decision made by the CPC Central Committee and the State Council on the basis of comprehensive evaluation of virus variation, epidemic situation and prevention and control work in China. All relevant departments should improve their political stance and earnestly perform their duties. The medical insurance department is responsible for the audit and settlement of related expenses and strengthen fund supervision; The financial department is responsible for timely disbursement of financial subsidies; The health department is responsible for guiding medical institutions to do a good job in the identification, information registration and uploading of infected patients in novel coronavirus; The CDC is responsible for uploading information and data of infected patients in novel coronavirus. Strengthen coordination and linkage to ensure that the decision-making and deployment of the CPC Central Committee and the State Council are fully implemented.

　　This notice shall come into force as of the date of the implementation of the "Class B tube" for novel coronavirus infection.

Beijing Municipal Medical Security Bureau　　　　

beijing finance bureau　　　　

Beijing Municipal Health and Wellness Committee　　　　

January 7, 2023　　

　　The Beijing Housing Provident Fund Center recently released the hot questions of the 12329 hotline. In this group of "business questions and answers", there is a more detailed description of whether you can apply for withdrawal of provident fund when buying a house outside the administrative area of Beijing with a loan and how to withdraw the provident fund when buying a house outside Beijing.

　　Beijing Housing Provident Fund Center said that if commercial bank loans and off-site housing provident fund loans are used to purchase houses outside the administrative area of Beijing, the paid employees and spouses should have no record of purchasing houses within the administrative area of Beijing and can apply for withdrawal if certain conditions are met. In addition, if there is no self-owned housing in the administrative area of Beijing, you can also apply for housing provident fund withdrawal without a rental contract and invoice. You can withdraw it once a month at the standard of 1,500 yuan every quarter, and you need to reapply after one year of withdrawal.

　　Purchase

　　It is necessary to meet the conditions that the depositor and spouse have no room in Beijing.

　　The Beijing Housing Provident Fund Center said that if you use loans from commercial banks and loans from housing provident funds in different places to purchase houses outside the administrative area of Beijing, the employees and their spouses who have paid in should have no record of purchasing houses in the administrative area of Beijing, and they can apply for withdrawal if they meet one of the following conditions: First, buy houses in the province where their ID cards and household registration books are located; Second, the depositor and his spouse have no house in Beijing, and buy houses in Tianjin and Hebei Province or houses where relatives are located (such as grandma’s house).

　　It should be noted that there is a big principle in both cases of purchasing houses outside the administrative area of Beijing — — Deposited employees and spouses should have no record of purchasing houses within the administrative area of Beijing.

　　Two kinds of application extraction methods

　　The first method: housing provident fund online business system application, counter settlement.

　　Log in to Beijing Housing Provident Fund Network, click "Personal Online Business Platform" on the right, enter "Personal Online Business Platform (Beijing Center)", click "Registered User Login" and log in with registered account and password. Employees who log in for the first time need to register as registered users. After logging in successfully, complete the extraction application according to the following steps.

　　Step 1: Select the extraction items and enter the extraction information.

　　The applicant clicks "I want to withdraw" on the left side of the page, and then clicks "Withdraw Application" in the "Withdraw Provident Fund" tab to enter the withdrawal application interface. Click "Use commercial bank loans and use off-site housing provident fund loans to purchase housing outside the administrative area of Beijing and apply for housing provident fund withdrawal" in the new event application list to enter the event application page, and the system will automatically display the basic information of users. After selecting "payee’s co-branded card bank", the system will automatically display the corresponding co-branded card number. Enter the loan contract number, location of the purchased house, date of loan, repayment period, loan amount and purchase amount.

　　Step 2: Personal authorization and commitment.

　　Applicants should carefully read and check the Personal Information Verification Authorization and Commitment Letter, and click the "Submit" button, and the system will display that the submission is successful.

　　Step 3: Submit the application and print the receipt.

　　The applicant clicks "Print Receipt" to print the business receipt of this application, and clicks "OK" to complete the application. Submit the printed application business receipt and relevant materials prompted by the system to the unit manager (with the original ID card) to any management department or the entrusted bank agency for on-site handling. If you need to inquire about the business handling institution, click "handling outlets".

　　The second way: through the housing provident fund business counter.

　　The unit manager must hold the original ID card and extract the materials provided by the applicant to any management department or entrusted bank agency of Beijing Housing Provident Fund Management Center. Extracting the materials provided by the applicant is: (1) extracting the original ID card of the applicant; (2) Original uniform invoice or deed tax payment certificate (second-hand house) for sales of real estate; (3) The original loan contract; (4) If the county and city where the house purchase address is located are inconsistent with the ID card, the original household registration book is also required; (5) Fill in the Application Form for Using Commercial Bank Loans and Using Off-site Provident Fund Loans to Purchase Houses Outside the Administrative Region of Beijing and Withdraw Housing Provident Fund (Table 107 of Housing Provident Fund). The counter staff returned all the materials on the spot after verification, retained the application form for housing provident fund and entered it into the system according to the contents filled in, and initiated a "personal credit inquiry" to the Credit Information Center of the People’s Bank of China. 2-3 working days after the feedback query results are consistent, for the applicant to extract; The staff with inconsistent results will inform the applicant or the unit manager by telephone.

　　renting a house

　　You can also withdraw the provident fund without a rental contract and invoice in Beijing.

　　According to the recent hot questions of hotline 12329 issued by Beijing Housing Provident Fund Center, if there is no self-owned house in the administrative area of Beijing, you can also apply for housing provident fund withdrawal without rental contract and invoice, and withdraw it once a month at the standard of 1,500 yuan, and you need to reapply after one year of withdrawal.

　　Two kinds of application extraction methods

　　The first way is to apply through the online business system of housing provident fund.

　　Log in to Beijing Housing Provident Fund Network, click "Personal Online Business Platform" on the right, enter "Personal Online Business Platform (Beijing Center)", click "Registered User Login", and log in with registered account and password. Employees who log in for the first time need to register as registered users. After logging in successfully, complete the extraction application according to the following steps.

　　Step 1: Select the extraction items and enter the extraction information.

　　The applicant clicks "I want to withdraw" on the left side of the page, and then clicks "Withdraw Application" on the "Withdraw Provident Fund" page to enter the withdrawal application interface. Click "Rent Application and Withdraw Housing Provident Fund" in the new event application list to enter the event application page, and the system will automatically display the basic information of the user. After selecting "Payee Joint Card Bank", the system will automatically display the corresponding bank card number. Select "No self-owned house (1,500 yuan per month)" in the "Rental Type" item.

　　Step 2: Personal authorization and commitment.

　　Applicants should carefully read and check the Personal Information Verification Authorization and Commitment Letter, and click the "Submit" button, and the system will display that the submission is successful.

　　Step 3: Submit the application and print the receipt.

　　The applicant clicks "Print Receipt" to print the business receipt of this application, and clicks "OK" to complete the application. Submit the printed application business receipt and relevant materials prompted by the system to the unit manager for on-site handling at any management department or entrusted bank agency.

　　The second way: through the housing provident fund business counter.

　　The unit manager must hold the original ID card and extract the materials provided by the applicant to any management department or entrusted bank agency of Beijing Housing Provident Fund Management Center.

　　Extracting the materials provided by the applicant is: (1) extracting the original ID card of the applicant; (2) Extract the "Application Form for Extracting Housing Provident Fund from Renting" that the applicant has filled out.

　　Text/reporter Zhu Kaiyun

　　BEIJING, April 28 (Xinhua) According to Hong Kong’s Ming Pao, since the beginning of the last century, Hong Kong has produced more than 10,000 films, of which 4,000 have become the collections of the Hong Kong Film Archive. In 2019, the Hong Kong Budget allocated HK$ 20 million, which enabled the Film Archive to digitize an additional 30 films each year. The museum revealed that 10 of them will be digitized in the first year after the grant, including Bruce Lee’s early films and Huang Feihong’s film series, which are expected to be released to the public as soon as 2020-2021.

　　Yang Kexin (left), director of the Hong Kong Film Archive, said that he has been collecting film from different sources, and the collection now covers 4,000 films. . Image source: Hong Kong Ming Pao/photo by Zhong Linzhi

　　Digital movies contain martial arts, detective, horror and other themes.

　　Yang Kexin, director of the Film Archive, said that the digitized films mainly came from the 1950s and 1960s, and most of them had only one copy or negative, hoping that digitization could preserve these orphan copies.

　　In 1950s and 1960s, Hong Kong’s film industry flourished. In the first year after the film archive was funded, many digital films were produced during this period. Ten films included Bruce Lee’s early films, Kwan Tak-hing’s Huang Feihong series, Chen Baozhu’s "Jane Bond Film" and "Ghost Talented Director" Gongliang Yang’s horror films.

　　Yang Kexin said that most of the films digitized after the grant were orphans, and many of them were never shown after being collected. "If you get a copy, you will try not to use it, because every time the film is broadcast by the projector, it will inevitably be worn out.".

　　Yang Kexin said that he has been collecting films from different sources. In recent years, the most important batch came from a San Francisco theater, which was Hong Kong film before the 1930s and 1940s, and it was a very important cultural heritage.

　　She said that among the 4,000 films, about 170 films have digital versions. In the past, 20 films could be digitized every year. After funding, more manpower and resources can be increased, and 30 more films can be made every year. "The goal is that 1/10 of the collections will have digital versions in five years."

　　Hire young technicians to inherit the film restoration technology

　　The film should be preserved, and the technology of repairing film and film repair should also be passed on. Before the film is digitized, it is necessary to check whether the film is damaged. Yang Kexin said that film repair is a professional technology. At present, several technicians in their twenties and thirties joined the museum two or three years ago, and some of them were "laymen". Only after they joined the museum did they learn from Master to check and repair damaged films.

　　After the film is digitized, it may need to be digitally restored to improve the quality of sound and pictures. Yang Kexin said that unlike commercial restoration, the restoration in the museum is based on the principle of restoration, "it will not be better than the released version of that year".

　　Yang Kexin said that the film archive will study whether it needs to be expanded, but it is a long-term plan. "We need to consider whether more people and more places are needed to place the collections, but this needs to be linked to the growth of the collections." The space of the data library is limited, so it is not necessary to expand the scope of the museum. We can also find warehouses outside the museum to store the collections.

Is the "Four-Party Alliance on Chip" established? What are the impacts on China?

"Four-party Chip Alliance" is an idea put forward by the United States in March this year. The United States hopes to set up a chip alliance composed of the United States, Japan, Taiwan, China and South Korea to realize a closed-loop chip production and exclude mainland enterprises. The idea of four-party alliance put forward by the United States has gathered four major countries and regions in the field of chip manufacturing in the world. Among them, the United States has long been in the leading position in the field of chips, while Japan and Taiwan, China also have their own advantages in parts and OEM, and South Korea also has unique advantages. If South Korea does not join, it is likely to be sanctioned by another three parties, and the domestic chip field will face a huge disaster.

The United States has long planned to set up a "chip quartet" to contain China.

This alliance can be regarded as version 2.0 of the Semiconductor Alliance of America (SIAC).

As early as May 11th, 20211, the American Semiconductor Alliance (SIAC) was officially announced.

This is a cross-industry alliance, which consists of semiconductor design and manufacturing enterprises and downstream customers who widely use semiconductors in products in important fields such as consumer and military.

At present, the alliance has 64 enterprise members, including Apple and AT&; T, Google and other technology giants also own chip design companies such as AMD, NVIDIA and Qualcomm, as well as chip manufacturers such as TSMC, Samsung, SKHynix and Infineon.

The Semiconductor Alliance of the United States does not accept Chinese mainland enterprises and has an obvious tendency of "excluding China".

However, it is still a business alliance in essence.

However, the "chip quartet" has obvious political color.

One of the most obvious signs is that this alliance is not divided by industry, but by country (region).

The so-called "quartet", that is, the United States, Japan, South Korea and Taiwan, China, has completely rejected Chinese mainland.

Chip quartet

This alliance is surprising, including almost the main participants in the chip industry, and can be called "the strongest alliance in the history of semiconductors".

According to ICinsights’ chip market research report, in the list of the top ten semiconductor companies in 2021, the United States monopolized seven seats, South Korea occupied two seats, and Taiwan, China occupied one seat, all within the alliance.

The four-party alliance covers the fields of chip research and development, production, sales and technology update, and basically realizes the closed loop of chip production.

The United States hopes to take this opportunity to exclude China from the semiconductor industry chain, thus curbing China’s chip development.

In March this year, the United States put forward the idea of establishing a "chip quartet" and planned to hold a meeting in August.

The meeting will be held soon, but South Korea is unwilling to make a statement.

Why doesn’t Korea want to get involved in this matter?

First of all, South Korea has invested a lot of money in the field of chips in Chinese mainland.

Not to mention other companies, just look at the investment and production capacity of Samsung Electronics and SK Hynix.

In 2021, the vice president of Samsung said that the investment in China has reached 46 billion US dollars (about 310 billion yuan).

In February, 2022, Samsung invested another 101 billion yuan to expand the second phase factory of Xi flash memory and build a 12-inch 3Dv-nand production line.

In terms of production capacity, the production capacity of Samsung Electronics Xi factory accounts for 42% of Samsung’s total flash memory production capacity and 15% of the global production capacity.

Samsung electronics Xi factory

From the perspective of SK Hynix, it has been deeply involved in the China market for more than ten years, with an accumulated investment of more than 20 billion US dollars (about 134.8 billion yuan), and plans to invest 2,394 trillion won (about 12.2 billion yuan) in Wuxi factory in the next three years.

SkHynix produces DRAM chips in Wuxi, accounting for 47% of the company’s total output of DRAM chips.

To sum up, Samsung Electronics and South Korea Hynix have invested more than 550 billion yuan in China.

Investing in China is about making money.

In China, Samsung Electronics and Hynix really made a lot of money.

If South Korea joins the "four-chip alliance" led by the United States, it will have to worry about what to do with the invested funds.

Second, China is Korea’s largest trading partner.

In 2021, in addition to investing in chip production in China, South Korea also exported memory chips worth $69 billion to China, accounting for nearly half of the export volume.

As far as international trade is concerned, China is the largest trading partner of South Korea.

According to the data released by Yonhap News Agency recently, China has been Korea’s largest trading partner for 18 consecutive years, with an absolute advantage of 25% in exports to China, ranking first in Korean exports.

What is the working principle of the chip and why it is difficult to build;

Chip is an integrated circuit, which is composed of a large number of transistors. The circuit can be manufactured on the surface of semiconductor chip for operation and processing. The development and supply of the first and second generation semiconductor materials in China are restricted by people, and the third generation semiconductor is an important way to improve the performance of integrated circuits in the post-Moore era. The working principle of the chip is to make the circuit on the surface of the semiconductor chip for operation and processing.

The first step of the chip is design.

Just like building a building, you must have a design before building it, so that your house will be built stably and safely. On this premise, you can make the layout of the building on the first floor more reasonable, the utilization rate is higher, and more people live in it. Then the design drawing is more recognized, and the house you built will be better.

Why is it so difficult to make a chip?

Making a chip is as difficult as creating a city, even more difficult than creating a city!

A series of China enterprises, such as Huawei ZTE, were sanctioned by chips, China tightened its belt to make chips, and by 2022, the whole world began to make chips crazily. This silicon wafer, which is almost the size of a thumb, makes the whole world crazy. So why is the chip so difficult to make? What is its principle and manufacturing process? Let’s find out! Whether it is smart wearable devices (smart watch bracelets), digital microwave ovens or refrigerators, more common mobile phones and computers, Internet of Things devices, etc., you can see the chip.

What is the essence of the chip: the chip is also called integrated circuit IC (generally referred to as large-scale integrated circuit). Generally, it is mainly a large-scale circuit system composed of transistors (semiconductor devices, diode triodes or various subdivided gate-level components). Now, the transistors in the mainstream mobile phone computer chips have reached tens of billions, and some even rose to hundreds of billions. So how can such a large-scale transistor circuit be placed on an area the size of a fingernail?

The primary product of the chip: wafer

The chip is mainly burned or placed on the wafer, and finally cut, and so on. We can look like a CD, place or carve something on each unit area of the CD, and finally cut it in unit area.

So what is a round chip?

Polysilicon is dissolved and doped with silicon crystals, and then it is precipitated by various technologies to form cylindrical monocrystalline silicon. Then the silicon crystal is grinded, polished and sliced to form a flaky product of the silicon wafer, that is, the wafer.

(General process from wafer fabrication to chip production)

Mask aligner-the mother embryo of the chip.

What is the principle of mask aligner? Mask aligner’s principle of preliminary treatment of round crystal is similar to that of general circuit board manufacturing, and a protective film on the wafer surface is removed by using a designed template. Then, the wafer is soaked in the designed etching solution, and the part that lost the protective film is etched away to form the circuit we need. Then the impurities remaining on the wafer surface are washed with pure water. Among them, the exposure machine is a device that uses ultraviolet rays to remove the protective film on the wafer surface through the template. Then in the end, we can think of mask aligner as how to map the design drawings on a circular wafer with a unit area. It can be seen how complicated and delicate the manufacturing process is.

photoetching machine

What are the commercial chip manufacturing companies at present?

The most famous is TSMC in Taiwan, China: a manufacturer of integrated circuits and wafers, and most of a series of technology companies like Apple, Huawei and Qualcomm are actually manufacturing in TSMC.

South Korea’s Samsung Company: Samsung also has its own foundry, and its own chips, including those of other companies, can be produced in Samsung. However, some people in the industry think that there are still some gaps in the production process between Samsung and TSMC, so TSMC accounts for a larger proportion.

Samsung Semiconductor and TSMC

However, no matter how great the international scientific and technological situation changes, Chinese can always find a way to deal with it. It is believed that the country will occupy an important position in the cutting-edge chip in the near future with strong basic science and scientific research strength.

In fact, from the process of wafer production, we can see that it is very difficult to make chips, and the process and technology of wafer production cover a series of disciplines such as materials science, optics, crystallography, process flow, automation and so on, which shows that it is very difficult. In fact, wafer fabrication is not the most difficult in the whole process of the chip! Chip architecture design: since the chip is compared to building a city, then the wafer just bulldozes the land. How to plan and create a city is the most difficult!

The Soul of Chip-Chip Architecture Chips are not all the same. Different architectures (design drawings) have different types of chips, just like the selection of cities, whether inland cities or coastal cities. These cities are divided into transportation hub cities or port cities, etc. Different chip architectures have different chip design requirements and manufacturing processes. At present, the mainstream chip architecture is arm architecture and Intel’s X architecture. ARM is mainly used in embedded systems (including mobile phones, embedded computers, Internet of Things devices, etc., Huawei Kirin processors, and Apple A and M series chips all belong to ARM architecture). Intel chips are mainly desktop processors, which are mainly produced for various computers, but also some embedded chips and other types of chips. To sum up, the chip architecture is very important, and the knowledge involved in designing the chip architecture is also very much: mathematics (especially the mathematical analysis of matrix theory, applied mathematical model-operational research, etc.), not to mention physics (circuit analysis-analog circuit digital circuit, automatic chemistry, heating modeling of nonlinear system, etc.), computer science (studying its clock frequency, pulse signal, instruction set and other issues) and so on. So how do you put the chip architecture on the wafer? This is the core problem of chip making, just like how to build the city on the drawing!

　　Stock trading depends on Jin Qilin analyst research report, which is authoritative, professional, timely and comprehensive, and helps you tap the potential theme opportunities!

　　Source: Yema Finance

　　What happened to "the first share of new energy garden machinery"?

　　The first report card after listing made investors very dissatisfied.

　　On January 31, 2024, Gree Bo released a performance forecast, saying that the company expects its operating income to be 4.6 billion yuan to 4.7 billion yuan in 2023, down 9.8% to 11.7% in the same period; It is estimated that the net profit returned to the mother will be a loss of 370 million yuan to 430 million yuan, a year-on-year decrease of 239.1% to 261.7%; It is estimated that the non-net profit will be a loss of 300 million yuan to 360 million yuan, down 235.7% to 262.9% year-on-year.

　　The year of listing was a huge loss, which immediately attracted the attention of Shenzhen Stock Exchange. On February 6, Shenzhen Stock Exchange sent a letter of concern to Gree Bo, asking Gree Bo to explain the specific impact of downstream retailers’ destocking on the company’s income; Rationality of the decline in gross profit margin; The reason and rationality of the increase in sales expenses.

　　Source: Screenshot of Gree Bo Announcement

　　In this regard, many investors said that "listing will be a huge loss, a problem company!" "It’s been falling every day this month, but it’s still falling and not rebounding", "Doubtful life of falling", etc., and some investors questioned Gree Bo’s "fraud".

　　Source: screenshot of the stock bar

　　Moreover, according to the statistics of the media "Deepwater Finance and Economics", among the 1,072 listed companies that have issued advance notices, only 10 will be listed in 2023, of which 3 will reduce losses and 5 will increase losses. Among the 2 pre-losses, except those listed on the North Stock Exchange,(830809.BJ), Gree Bo is the only company that lost money in the first year of listing.

　　In 2019 and 2020, Gree Bo also has a net profit growth rate of over 200%; A year ago, with the aura of "the first share of new energy garden machinery", Gree Bo successfully went public with a gross profit margin and price-earnings ratio much higher than that of the same industry. What happened to Greebo in just one year?

　　Where is the loss?

　　In fact, Greebo’s losses have long been warned.

　　On February 8, 2023, Greebo successfully landed on the founding board. The first quarterly report after the listing of Greebo showed a decline in revenue and net profit. In the first quarter of 2023, Greebo’s operating income was 1.551 billion yuan, a slight decrease of 0.77%. The net profit of returning to the mother was 87 million yuan, down 40.78% year-on-year.

　　By the second quarter, Greebo directly turned into a loss. According to the semi-annual report of Gree Bo in 2023, in the first half of 2023, the company achieved an operating income of 2.581 billion yuan, down 18.79% year-on-year, and the net profit attributable to the mother was a loss of 54 million yuan, down 121.24% year-on-year.

　　In this regard, Gree Bo explained that the main reason is that retail wholesalers gradually turned to the active destocking stage, which slowed down the procurement pace of suppliers and the sales of the company’s products declined. Moreover, in order to go out of stock, Greebo stepped up product promotion in stages and lowered the prices of some old products through discounts and other means. In the first half of 2023, the gross profit margin of Gree new energy garden machinery products was 25.26%, down 1.17% year-on-year.

　　Even if the demand of downstream suppliers weakens, it is necessary to go to stock by promotion. But Greebo still believes that this is a good time to grab the market.

　　"In order to seize the favorable position in the market and strive for greater profits in the future, the company increased its sales investment. In the first half of the year, the company continued to increase its brand building, the sales staff increased, the marketing expenses increased, and due to the increase of the company’s scale and inventory goods, the storage expenses also increased significantly year-on-year."

　　According to the semi-annual report of 2023, the sales expenses of Gree Bo were 398 million yuan, up 40.93% year-on-year.

　　Although Greebo spent a lot of sales expenses, it still failed to stop the downward trend of performance. By the third quarter of 2023, Greebo’s losses were further aggravated, with revenue of 3.468 billion yuan, down 16.93% year-on-year; The net profit of returning to the mother was-175 million yuan, down 186.58% year-on-year.

　　The trend of "falling endlessly" still failed to stop in the fourth quarter. The operating income in 2023 is expected to be 4.6 billion yuan to 4.7 billion yuan, down 9.8% to 11.7% year-on-year; It is estimated that the net profit returned to the mother will be a loss of 370 million yuan to 430 million yuan, a year-on-year decrease of 239.1% to 261.7%.

　　According to Greebo’s disclosure, the reasons for the decline in performance are similar to those in the first three quarters. Including: due to the destocking of downstream retailers, the company’s operating income decreased by 9.8% ~ 11.7% year-on-year; The decline in operating income and gross profit margin affected the company’s gross profit by 190-210 million yuan; Sales expenses, research and development expenses and management expenses increased by 270-290 million yuan year-on-year; Due to the sharp year-on-year decrease in exchange income, the company’s financial expenses increased by about 130 million yuan in 2023.

　　Is the loss reasonable?

　　The huge difference before and after listing has made many investors question whether Greebo is "fraudulent".

　　Source: screenshot of the stock bar

　　First of all, the "destocking" mentioned by Gree Bo in the financial report is indeed the key word of the whole industry of lithium battery OPE in 2023.

　　"After two consecutive rounds of restocking, the channel inventory of retailers in Europe and the United States reached a historical high, and the demand side began to cool down under the influence of the Fed’s continuous interest rate hike. Therefore, since 2022Q3, retail began to enter the destocking cycle, and the order placing speed slowed down, which was reflected in the decline in the order growth rate of domestic agents and brands at the upstream production end." Ji Xiangyang, a researcher at China Merchants Household Appliances, said.

　　However, knowing that downstream suppliers have gone to their own inventory and there is no high consumer demand, Gree Bo still chooses to spend a lot of sales expenses.

　　According to the semi-annual report of 2023, among the sales expenses, all the detailed items of sales expenses of Gree Bo almost doubled. Among them, wages and salaries rose from 75.47 million yuan to 97.49 million yuan, advertising and marketing expenses rose from 109 million yuan to 128 million yuan, and storage expenses rose from 41.68 million yuan to 87.66 million yuan.

　　Source: screenshot of annual report

　　Although on the record sheet of investor relations activities on September 4, Greebo said that there were three major sales expenses in the first half of the year, namely, personnel salary, marketing and warehousing. With the decline of inventory level, warehousing expenses will decline in the second half of the year.

　　However, in the third quarterly report, Greebo’s sales expenses increased by 26.66% year-on-year, due to the increase of sales channels, storage fees and brand building and marketing.

　　Unsurprisingly, the money was spent and failed to bring corresponding returns. In 2023, Gree Bo’s revenue, net profit and gross profit margin declined across the board.

　　In this regard, Gree Bo still blames the downstream suppliers. "Due to the destocking of downstream retailers, the company’s related investment did not achieve the expected revenue growth. In 2023, the company’s own brand business revenue was basically the same as that in 2022."

　　It is worth noting that before listing, Gree Bo’s sales expense ratio was lower than that of its peers, and its gross profit margin was higher than that of its peers, which shows that Gree Bo can obtain higher sales revenue and profits at a lower cost. However, after listing, this advantage of Greebo suddenly disappeared, which increased the sales expenses, but the gross profit margin fell to the average level of peers. From 2019 to 2022, and from January to June in 2023, the comprehensive gross profit margin of Gree Bo was 34.49%, 35.10%, 27.5%, 25.72% and 25.26% respectively.

　　Source: Screenshot of Prospectus

　　"If a company’s gross profit margin is high, it means that the competitiveness of its products is stronger than that of other companies in the same industry, and the company should have certain negotiating advantages in product sales. It can be inferred that the company’s sales expenses will not account for a high proportion of operating income. If the gross profit margin of the company is much higher than that of the same industry, and its sales expense ratio is also lower than that of the same industry, it is unreasonable; Similarly, if the company’s gross profit margin is much lower than that of the same industry and its sales expense ratio is higher than that of the same industry, it is equally unreasonable. " Ma Jinghao, an expert in finance and taxation, said.

　　On March 22nd, 2023, just one month after the listing of Gree Bo, Kelvin Cui, then the company’s chief financial officer, and Ji Zhenghua, the secretary of the board of directors, left their posts. Among them, Kelvin Cui has served as the chief financial officer, director and chief financial officer of Gree Bo since November 2018; Since December 2018, Ji Zhenghua has served as assistant to the chairman of Gree Bo and secretary of the board of directors of Gree Bo.

　　As of February 8, 2024, Gree Bo’s share price closed at 11.35 yuan/share, which was 63.21% lower than the issue price (30.85 yuan/share). The total market value has shrunk to 5.553 billion yuan.

　　Source: screenshot

　　The stock price fell to "knee"

　　Can the Master of Returnees "pull back a city" by increasing their holdings?

　　According to the Prospectus, Gree Bo was established in 2002, and has been engaged in research and development, design, production and sales of new energy garden machinery since 2007. It is one of the leading enterprises in the global new energy garden machinery industry.

　　The company mainly sells its own brands, and its products can be divided into lawn mowers, lawn mowers, cleaning machines, hair dryers, pruning machines, chain saws and intelligent mowing according to their uses., intelligent mounted mowing vehicle, etc. At present, there are brands such as greenworks and POWERWORKS under the company flag (Jin Qilin analyst).

　　The actual controller of the company is Chen Yin, the co-founder and chairman, who was born in 1973 and is 51 years old.

　　Chen Yin has rich working experience in foreign-funded enterprises. He studied in England and got a master’s degree. After that, he successively served as the product manager of Shanghai Biocy Gas Co., Ltd., a foreign-funded enterprise, and the general manager of Shanghai Star Jack Power Tools Department, a foreign-funded enterprise. Later, he also served as the general manager of the Asia-Pacific procurement center of Fiskars Group in Finland.

　　In 2016, Chen Yin, who has a foreign working background, also introduced an external investor from Germany-STIHL to Greebo. STIHL is a manufacturer of garden machinery and a customer of Greebo.

　　In 2020, Greebo was changed into a joint-stock company, and on May 21, 2021, it submitted the Prospectus on the Growth Enterprise Market of Shenzhen Stock Exchange. After nearly three years, Greebo went public on February 8, 2023. At that time, it was called "the first share of new energy garden machinery" by the outside world.

　　After listing, the performance of Greebo’s share price rose all the way. Its listing price was 30.85 yuan/share, the highest price reached 41.82 yuan/share on the first day of listing, and finally closed at 38.3 yuan/share, with a total market value of 18.62 billion yuan.

　　According to the third quarterly report in 2023, Chen Yin holds about 56.32% of the shares in Gree Bo. Based on this calculation, Chen Yin is worth 10.487 billion yuan.

　　Who knows, Greebo’s share price peaked when it went public. Only one month later, it "showed its original shape" and then it "sat on the slide" all the way. On March 14th, 2023, Gree Bo’s share price fell below the issue price, and the lowest price on that day was 29.17 yuan/share.

　　Chen Yin’s worth has also shrunk. According to the Hurun Report, Chen Yin made his debut in the 2023 Hurun Report with a net worth of 5.5 billion yuan.

　　Source: screenshot of Hurun Report

　　Galaxy Securities said that the deduction of new shares breaking tide is directly related to the price-earnings ratio of initial public offering. According to the Prospectus, the initial price-earnings ratio of Gree Bo is over 63 times, which is significantly higher than the industry’s price-earnings ratio of 33 times. According to wind data, as of February 7, 2024, the static P/E ratio of Gree Bo was 18.09 times.

　　Source: screenshot of straight flush

　　Faced with this situation, on February 6, 2024, Gree Bo released an increase plan. According to the announcement, GHHK, the controlling shareholder of the company, or Chen Yin, the chairman of the company, intends to increase the company’s shares within six months. The planned amount of this increase is between 25 million yuan and 50 million yuan.

　　However, can Chen Yin, a master of returnees, "stop" the falling stock price by increasing his holdings?

　　What do you think of Greebo’s "performance change" in its first year of listing?