Supreme Law: Resolutely prevent economic disputes from being treated as crimes

  CCTV News:Today, the Supreme People’s Court held a press conference to issue the Opinions on Giving Full Play to the Judicial Function and Strengthening the Judicial Protection of Property Rights, which put forward clear requirements for the relevant judicial execution from three aspects: the basic principles of strengthening the judicial protection of property rights, judicial policies and mechanism construction.

  Today, the Supreme People’s Court also issued the Implementation Opinions on Properly Handling Historical Property Rights Cases in accordance with the Law. The Implementation Opinions require adhering to the principles of seeking truth from facts, equal protection, correcting mistakes according to law and combining correction with prevention, providing equal judicial protection for all types of property rights subjects, unblocking the filing channels of property rights complaint cases, and standardizing the application of retrial procedures.

  Equal protection of economic property rights of all forms of ownership

  The "Opinions" require that the litigation status and legal application of all kinds of property rights subjects be treated equally, pay attention to equal protection of non-public property rights, and equally protect the litigation rights and substantive rights of Chinese and foreign parties.

  Punish all kinds of crimes against property rights according to law, and equally protect economic property rights of all forms of ownership.

  Yan Maokun, Director of the Supreme People’s Court Research Office:It is emphasized that crimes against state-owned and collective assets should be punished according to law, and criminal law protection for non-public property should be strengthened, and crimes against the property rights of non-public enterprises and investors, managers and employees in the non-public economy should be punished according to law.

  The "Opinions" require an objective view of the irregularities in business operations, and acquit those who have insufficient conviction basis according to law.

  Yan Maokun, Director of the Supreme People’s Court Research Office:It is emphasized that we should treat it objectively from the perspective of history and development, strictly follow the principles of a legally prescribed punishment for a crime, never suspecting a crime, and handling related cases fairly according to law. All kinds of economic activities, except those explicitly prohibited by laws and administrative regulations, shall not be treated as crimes; Those who violate laws and regulations but do not constitute a crime, or whose crimes and non-crimes are unclear, shall be declared innocent according to law.

  Resolutely prevent economic disputes from being treated as crimes

  The Opinions call for a strict distinction between economic disputes and criminal offences, and resolutely prevent economic disputes from being treated as crimes. Emphasis is placed on giving full consideration to the characteristics of the non-public economy, strictly grasping the criteria for identifying criminal offences, and resolutely preventing economic disputes from being identified as criminal offences. For all kinds of economic disputes, regardless of the actual losses, we must always adhere to handling cases according to law and fair trials.

  Use coercive measures and seizure and freezing measures with caution according to law.

  In the past, in some places, there were some irregular problems in sealing up, distraining and freezing measures, such as mistakes, exceeding the standard, sealing up, distraining and freezing the property of outsiders, resulting in property damage and loss, and some enterprises that still have the ability to produce and operate could not produce and operate normally. The "Opinions" clearly stated that compulsory measures and seizure, seizure and freezing measures should be used with caution in accordance with the law to minimize the adverse impact on the normal production and operation activities of enterprises.

  Yan Maokun, Director of the Supreme People’s Court Research Office:If it is required that in criminal trial, the defendant who has been arrested meets the conditions of obtaining a guarantor pending trial and monitoring his residence, the compulsory measures shall be changed; In criminal, civil and administrative trials, if it is really necessary to take measures of seizure, seizure and freezing, except for enterprises that need to be ordered to close down according to law, necessary working capital and current accounts may be reserved for enterprises as appropriate.

  Strictly regulate the disposal of property involved.

  The "Opinions" require strict regulation of the disposal of the property involved, and safeguard the legitimate rights and interests of enterprises and personnel involved in the case according to law.

  Yan Maokun, Director of the Supreme People’s Court Research Office:It is required to strictly distinguish between illegal income and legal property, strictly distinguish between personal property and corporate property, and strictly distinguish between personal property and family members’ property. In accordance with the requirements of openness, fairness, standardization and efficiency, strictly implement and constantly improve the system of custody and disposal of property involved.

  Fair trial of administrative agreement cases according to law

  The "Opinions" require fair trial of administrative agreement cases according to law, and promote the construction of a government ruled by law and government integrity.

  Yan Maokun, Director of the Supreme People’s Court Research Office:It is emphasized that for disputes caused by investment promotion, cooperation between government and social capital, we should carefully examine the reasons why the agreement cannot be fulfilled and the liability for breach of contract.If the government violates its commitments, especially for reasons such as the change of government and the replacement of leaders, it will resolutely support the reasonable demands of the administrative counterpart according to law.

  Fair trial of cases of property expropriation and requisition according to law

  The Opinions emphasize that cases of property expropriation and requisition should be tried fairly according to law and the legitimate rights and interests of administrative counterparts should be safeguarded. It is required to reasonably grasp the scope of public interests applicable to expropriation and requisition, and resolutely prevent the expansion of public interests. Follow the principle of timely and reasonable compensation, and fully protect the legitimate rights and interests of the expropriated.

  The "Opinions" call for punishing intellectual property crimes according to law and strengthening judicial protection of intellectual property rights. Deal with historical property rights complaint cases according to law, and resolutely implement the requirement that mistakes must be corrected. It is required to establish a special working mechanism and pay close attention to screening and correcting a number of complaints about property rights disputes that have been strongly reflected by the society. If the facts are unclear, the evidence is insufficient, and the applicable law is wrong after examination, the party concerned shall be corrected and compensated in time according to law.

  Properly handle historical property rights cases according to law.

  The "Implementation Opinions on Properly Handling Historical Property Rights Cases in accordance with the Law" requires adhering to the principles of seeking truth from facts, equal protection, correcting errors according to law and combining correction with prevention, providing equal judicial protection for all types of property rights subjects, unblocking the filing channels of property rights appeal cases, and standardizing the application of retrial procedures.

  The "Implementation Opinions" clearly put forward that the people’s courts should promptly review and carefully screen the effective judgments on property disputes involving major property disposal and illegal crimes committed by private enterprises and investors since the reform and opening up, and if the parties or outsiders lodge complaints; If there are mistakes, they should be resolutely corrected according to law. Focus on the screening, correction and publicity of major typical cases.

Screening and retrial of property rights complaint cases caused by government actions according to law

  The "Implementation Opinions" stipulates that when screening and retrial property rights cases, the people’s court shall retry and revise the legal rights and interests of the investors for all kinds of contracts signed with the investors according to law in activities such as attracting investment, cooperation between the government and social capital, etc. because of the change of government and the replacement of leaders, or because of legal reasons, the government promises and contract agreements are changed, and the property losses suffered by the investors are not compensated according to law.

  Teng Wei, Vice President of the Supreme People’s Court Trial Supervision Court:In the process of expropriation and requisition of land, houses and other property, the people’s court shall review the wrong judgment that the government failed to give fair and reasonable compensation to the expropriated person in accordance with the scope, form and standard of compensation, and initiate a retrial.In the retrial review and trial, we should pay attention to the use of administrative reconciliation coordination mechanism and civil mediation to properly resolve property disputes.

  Carefully grasp the screening and correct the judicial policy

  The "Implementation Opinions" also emphasizes the need to carefully grasp the judicial policy of screening and correcting, accurately identify the nature of economic disputes and economic crimes, and resolutely correct the wrong effective judgments that treat economic disputes as crimes.

  Accurately grasp the legal boundary between crime and non-crime

  The "Implementation Opinions" emphasizes that the boundary between economic disputes and economic crimes, especially contract disputes and contract fraud, the boundary between legitimate financing and illegal fund-raising of enterprises, the boundary between economic disputes involved in the merger and reorganization of state-owned enterprises by private enterprises and malicious occupation of state-owned assets should be strictly distinguished, and the legal boundary between crime and non-crime should be accurately grasped.

  Teng Wei, Vice President of the Supreme People’s Court Trial Supervision Court:For economic activities in production, management, financing, etc., those that were not explicitly prohibited by laws and administrative regulations at that time and were punished as crimes, or those that were illegal but did not constitute crimes should be corrected according to law.

  Resolutely correct the wrong judgment caused by criminal law enforcement intervening in civil disputes.

  The "Implementation Opinions" stipulates that if the parties are forced to express their will by criminal means, which leads to the mistakes in the effective civil judgment, they must be resolutely corrected. Investors in private enterprises involved in crimes shall be guaranteed to exercise their property rights and other civil rights in accordance with the law during the period when the parties are subjected to compulsory measures or serving their sentences.

  Teng Wei, Vice President of the Supreme People’s Court Trial Supervision Court:The people’s court shall investigate and verify the private enterprise investors’ exercise of civil litigation rights seriously affected by the restriction of personal freedom, and after the restriction of personal freedom is lifted, they provide new evidence for the facts of the civil case, which may overturn the effective judgment. Those who meet the conditions for retrial shall start retrial according to law.

  In addition, the "Implementation Opinions" also provides for issues that are strongly reflected by the society, such as the trial of cases, the disposal of property involved in execution procedures, and state compensation. (CCTV reporter Zhang Sai)

Shock Wave 2 exposed the "explosion special" and the box office broke 400 million in the first weekend.


1905 movie network news Directed by Qiu Litao, supervised by Andy Lau, and starring Liu Qingyun and NiNi, the film has exceeded 400 million at the box office and achieved excellent results in the first weekend. It was released for 4 days, and won the box office and film arranging champion for 4 consecutive days, and broke through the box office of 100 million in a single day. The super reputation of the film continues to ferment, and the audience’s enthusiasm for watching movies is quite hot, which also makes the film’s next film arrangement and pre-sale rank first.

From the first film to Shock Wave 2, the explosion scene has always been the highlight of the film. In this movie, not only the "sum of all fears", which is rare in Chinese movies, appeared, but also the explosion scene was more realistic. The opening minute was the airport explosion, followed by a bomb attack that was more explosive than the last one. At the end, the shocking picture of the Tsing Ma Bridge being blown into two parts also made the audience feel, "Dismantling the nuclear bomb and bombing the bridge, the hairs were blown up, which is simply a famous scene of the year." A few days ago, the film also exposed an "explosion special" to reveal how the explosion scene in the film was shot.

 

The visual layers are overweight, and the explosion scene is thrilling.

Audience: Just the scene can be recorded in a Chinese film.

After the film was released, the audience mentioned the most audio-visual feeling as "explosion", and they were particularly impressed by the explosion in the film and were quite satisfied. Some viewers said, "visually, the layers are overweight, and the opening brings a climax. The explosion fragment of the airport was absolutely amazing, the fire was sky-high, and the plane was instantly reduced to ashes, and the effect was too shocking. " At the same time, some viewers said that whether it is the blasting of a big scene or the dark battle of a small pattern, "it is full of tension and extremely shocking in audio and video."

In addition to the audio-visual impact brought by the big scene, the audience felt that "the scene alone can be recorded in a Chinese film", and the story of the film was also well received by the audience. "Multi-angle narration makes the story thick, the memory complex and changeable, and also makes the characters have complex humanity." Some viewers also said, "Imagination is very bold, not only explosive drama, action drama, but also literary drama. It is a real, flesh-and-blood story."

 

The bomb becomes a nuclear bomb, and the difficulty is fully upgraded.

Even the actors felt "too shocked" when shooting.

In Shock Wave 2, the explosion scene is more spectacular than the first one, and the bomb is also upgraded to a "nuclear bomb". A few days ago, the "explosion special" revealed how the "explosion scene" that left a deep impression on the audience and received constant praise was filmed. In order to give the audience a stronger shock, the director and the whole crew made a lot of preparations, such as conceiving the fresh link of setting up the bomb, and planning the distribution map of "sum of all fears" in the film in detail.

Previously, when it was released, the big explosion in Hung Hom Tunnel left a very deep impression on the audience. In Shock Wave 2, there are more real-life shots, and they really entered the Airport Railway Station connecting Tsing Ma Bridge and Chek Lap Kok Airport. In the special edition, even the actors themselves felt that "it was really shocking to push a car full of bombs."

Personnel adjustment in three cities of Jiangsu: three acting mayors take up new posts

  BEIJING, Beijing, May 15 (Wei Xianghui) On April 28 this year, the Organization Department of jiangsu provincial party committee issued a number of pre-service announcements for leading cadres in provincial administration. Among them, Zhang Mingkang, Pan Guoqiang and Liu Hao intend to recommend and nominate candidates as mayors of districts and cities. As of May 15th, the whereabouts of the above three people have been made clear.

The picture shows Zhang Mingkang Image source: WeChat WeChat official account "Suqian Release"

  According to the website of the Organization Department of the CPC jiangsu provincial party committee, the 11th meeting of the Standing Committee of the Ninth Yancheng Municipal People’s Congress decided on May 15th to accept Zhou Bin’s request to resign as the mayor of Yancheng Municipal People’s Government and appointed Zhang Mingkang as the deputy mayor and acting mayor of Yancheng Municipal People’s Government.

  On May 13th, the 9th meeting of the Standing Committee of the Ninth People’s Congress of Yangzhou decided to accept Wang Jinjian’s request to resign as mayor of Yangzhou Municipal People’s Government and appointed Pan Guoqiang as deputy mayor and acting mayor of Yangzhou Municipal People’s Government.

Pan Guoqiang took the constitutional oath. Image source: WeChat WeChat official account "Yangzhou Release"

  On May 12th, the 10th meeting of the Standing Committee of the Sixth Suqian Municipal People’s Congress decided to accept Chen Zhongwei’s request to resign as mayor of Suqian Municipal People’s Government and appointed Liu Hao as deputy mayor and acting mayor of Suqian Municipal People’s Government.

  According to the information published on the website of jiangsu provincial party committee Organization Department, all three are "post-70s".

  Zhang Mingkang, male, Han nationality, born in July 1973, university, bachelor’s degree, party member, CPC.

  Pan Guoqiang, male, Han nationality, born in October 1974, graduate student of Party School of Provincial Party Committee, bachelor’s degree, party member, CPC.

  Liu Hao, male, Han nationality, born in May 1973, holds an in-service postgraduate degree, and holds an MBA in party member, CPC.

  Zhang Mingkang has worked in Wuxi for a long time. He used to be the director of Wuxi Statistics Bureau, the party secretary, the director of Wuxi Development and Reform Commission and the party secretary.

  In January 2019, Zhang Mingkang was appointed Secretary-General of Wuxi Municipal Government, a member of the party group, and concurrently served as the director of the research office of the municipal government. In July 2020, he served as the deputy mayor of Wuxi. In 2021, Zhang Mingkang was transferred to the Standing Committee of Suqian Municipal Committee and executive deputy mayor until this time in Yancheng.

  Pan Guoqiang has worked in Suzhou for a long time. He used to be the director, office director and deputy researcher of the Research Office of the Organization Department of Suzhou Municipal Committee, the member of the Standing Committee of Wuzhong District Committee, the director of the United Front Work Department, the deputy secretary-general of Suzhou Municipal Committee and the director of the Municipal Reception Office.

  In 2018, Pan Guoqiang was appointed as the acting mayor of Zhangjiagang City, and later as the mayor. In 2020, he was appointed as the secretary of the Zhangjiagang Municipal Party Committee. In 2021, he served as member of the Standing Committee and Secretary General of Suzhou Municipal Committee, and was transferred to Yangzhou this time.

  Suqian City, Liu Hao, is the youngest prefecture-level city in Jiangsu Province. According to official website, the local government, Suqian, located in the north of Jiangsu Province, belongs to the cross-radiation area of Huaihai Economic Belt, Coastal Economic Belt and Riverside Economic Belt.

The picture shows Liu Hao Source: WeChat WeChat official account "Chongchuan Online"

  Liu Hao once worked in the general office of jiangsu provincial party committee for a long time, and served as the secretary of the Economic Department of the General Office of the Provincial Party Committee, the deputy director and researcher of the Economic Department of the General Office of the Provincial Party Committee, the deputy director and director of the General Office, and the deputy inspector of the Research Office of the Provincial Party Committee.

  In July 2017, Liu Hao was transferred to the Standing Committee of Nantong Municipal Committee and Minister of Propaganda Department. In 2018, he served as the Standing Committee of Nantong Municipal Committee and Secretary of Chongchuan District Committee. In 2021, Liu Hao became the Standing Committee of Taizhou Municipal Committee, Deputy Secretary of the Party Group and Executive Deputy Mayor of the Municipal People’s Government. Today, he goes to Suqian. (End)

One month after the original The Knockout ended, the supporting role was busy making money, but the protagonist refused all interviews and did not accept advertisements.

The afterheat of The Knockout has not dissipated, because the supporting actors in the play are still enjoying the bonus through the heat of the drama. The two real protagonists in the play seem to be "completely uninterested" in money.

1, small five-go to the real estate.

Wu Jingli, who plays Xiao Wu in The Knockout, was originally a music teacher, and her sideline job was as a group actor. It’s better to play with a group of actors than with a group. If you stay in the group, you will have a fixed role, lines and more opportunities to appear than the flash of group performances.

The Knockout is Wu Jingli’s first play, because she plays a policeman in the play. She also accepted an activity to preach fire safety knowledge on campus, which should be public welfare.

Later, Wu Jingli went to participate in the opening activities of a real estate, and brought her role bonus to the extreme.

The netizen also left a message under her Weibo, telling her not to go to the real estate.

Wu Jingli is still young. Although she is not a trained actress, she may get some plays with the help of the east wind in The Knockout. Let’s take good care of her feathers.

2, Qisheng Gao-endorsement online games, go to the live room to bring goods.

Su Xiaowan, the actor of Qisheng Gao, is deeply attached to his brother Gao Qiqiang, and has gained a lot of audience’s love, so he has invited many brands.

Su Xiaowan first endorsed an advertisement for an online game. Although netizens thought it was a bit LOW, he did make money.

In addition, Su Xiaowan was invited by a certain tens of millions of online celebrity to go to the live broadcast room in online celebrity to bring goods and interact with online celebrity. It was awkward to watch.

Su Xiaowan is a child star born in the 1990s. He started acting at the age of 3, and officially entered the entertainment circle at the age of 7. He has acted in such hot TV dramas as Snow Leopard, Rouge and No Boundless Charmer, but he has been in a state of "nobody knows".

Maybe he wants to seize this opportunity and earn more money.

Su Xiaowan or Dong Xuan talked about love, probably in 2020, and later broke up and became her predecessor.

3, Lao Mo-live room with goods

Feng Bing, the actor of Lao Mo, has also been in the entertainment circle for many years. Last year, his "Picture Book of Hunting Crime" and "Glory of Special War" were broadcast one after another, but only The Knockout was the most popular.

Lao Mo also went to the live studio to bring goods, and he went to the same house as Su Xiaowan. For a supporting actor who has not been popular for many years, it is really rare to have a chance to be popular.

In March, Lao Mo went fishing and shared the news. Such a simple thing rushed to the hot search, which shows that the audience’s "sequela" of The Knockout has not been alleviated!

4. Secretary Wang-take the endorsement and take a photo.

Compared with selling goods in the live broadcast room, Zheng Jiabin, the actor of Secretary Wang, seems to be treated better, because he received a perfume advertisement, at least it looks very stylish, not fall in price.

Zheng Jiabin, born in the 1990s, walks in the elegant style of a handsome man. He not only has endorsements, but also has some photo shoots, which looks very advanced.

Although the role he plays is obscene, he is clean and handsome, and many viewers have studied his previous private service. It is found that his post-90 s actor is very scarce in the entertainment circle.

Maybe he has a longer-term plan than making quick money for a while.

5, Gao Ye-6 endorsements a month

Although Gao Ye, who plays the eldest sister-in-law, is a female partner, she is much stronger than the heroine and receives more advertisements than the heroine. She received six advertisements within one month.

However, it is said that Gaoye is connected with top brands, and it is very well-known for not looking for Gaoye to advertise.

The brand style is high enough, so Gao Ye won’t go to fall in price next, let alone "cut leeks", and she can make money herself.

Even if you take the endorsement, Gao Ye will not pick it up indiscriminately, which is still worthy of recognition.

In addition, she also rushed to attend the awards ceremony, and was able to sit in the same row with Rachel Momo, which shows that her popularity and coffee table have skyrocketed.

The above are advertisements and endorsements, but after The Knockout became popular, the two leading actors, Zhang Yi and Zhang Songwen, were not in a hurry to make money, so they kept a low profile.

6. Zhang Yi

Rumors about Zhang Yi’s disagreement with The Knockout’s cast have been discussed by netizens. In addition, since the beginning of the series, Zhang Yi hasn’t made any dynamic publicity, which seems to confirm this rumor.

But for the audience, it doesn’t matter whether to publicize or not, as long as the actors present excellent works.

Zhang Yi himself doesn’t deal with the "cast", and he is low-key, so he naturally doesn’t want to eat the bonus of the drama’s popularity. In addition, Zhang Yi didn’t even attend The Knockout’s celebration dinner.

At present, the ratings of Zhang Yi’s new drama "Who Is He" are also very bright, and some viewers even said that the drama has surpassed The Knockout!

As an actor, Zhang Yi is really excellent and successful!

7. Zhang Songwen

Although Zhang Songwen attended the celebration dinner and had a good relationship with The Knockout, he didn’t eat the bonus of exploding fire.

According to insiders, all business people in the circle want to find Zhang Songwen and cooperate with him, but all of them are rejected by Zhang Songwen. I feel that Zhang Songwen has "lost hundreds of millions"!

Not only did he not accept advertisements, but Zhang Songwen also rarely interviewed, and he remained "invisible".

Zhang Songwen refused, on the one hand, he really kept a low profile. A while ago, a few fans ran to the airport to pick up the plane. Zhang Songwen was a little troubled, but he didn’t blame the fans. First, he called everyone to take a photo together, and then he gently comforted the fans, hoping that they wouldn’t pick up the plane at the airport in the future. The fans are also very obedient.

Moreover, Zhang Songwen, who became popular, seems to be no different from before. She continues to shoot silently in the crew, share her interesting daily life in Weibo and interact with fans.

On the other hand, Zhang Songwen actually thinks that Gao Qiqiang, who he plays, is always a villain. In his essay, Zhang Songwen hopes that the three brothers and sisters can live a simple and peaceful life.

Zhang Songwen doesn’t want his negative role to be touted, so as not to bring bad influence and wrong effect.

The role is the role, the reality is the reality, and Zhang Songwen clearly distinguishes it. It is good for Zhang Songwen to reduce his sense of existence after The Knockout. He is too smart and sober.

Indeed, the positive characters are silent, but the villains are arrogant, which may, in a sense, have a bad guide to the audience who have not yet formed the three views.

Punishing evil and promoting good must be the most basic principle. I hope that the supporting actors in The Knockout will make money and don’t forget to guide them well!

Li Changxiu, representative of the delegation: Do your job well with the example of disaster-resistant heroes.

Topic: 16th National Congress of China Communist Youth League.

  On the afternoon of June 11th, a report on the heroic deeds of the 16th Communist Youth League’s earthquake relief was held in the Great Hall of the People. Six heroic models and one representative of the grassroots league cadres of the heroic deeds report group on earthquake relief organized by Publicity Department of the Communist Party of China, the Central Organization Department, the General Political Department of the People’s Liberation Army and the Sichuan Provincial Committee of the Communist Party of China reported to all the representatives of the 16th Communist Youth League.


  The delegates said that they were deeply moved and infected after listening to the report on the advanced deeds of young heroes in earthquake relief. While being baptized by their souls and sublimated, they were determined to follow the example of young heroes, actively participate in the earthquake relief struggle and contribute their youth. The following is Li Changxiu, secretary of the directly under the authority Youth League Committee of the National Development and Reform Commission.


  The two-hour report meeting ended in a blink of an eye, and I was deeply moved by the deeds of the disaster-resistant warriors. Their heroic earthquake relief actions have shown the world that our government, army and people are United as one, United as one, indomitable, and concentrated on the glory of the traditional virtues of the Chinese nation, which moved the whole world and made all Chinese sons and daughters proud! I will take these advanced figures and typical deeds as examples with the broad masses of young cadres of the National Development and Reform Commission, carry forward the spirit of not being afraid of fatigue and fighting continuously, do a solid job in emergency coordination and support, and further play the role of a new force and commando in earthquake relief. I feel that my post is also a battlefield for earthquake relief. Together with the youth members of the National Development and Reform Commission, I will learn and carry forward the lofty spirit of heroes who are fearless, resourceful and brave, and the people’s interests are above all else. I will dare to overcome difficulties, do my duty, be the new force and commando of development and reform, and support the reconstruction of disaster areas with practical actions to serve the motherland.

Editor: Li Erqing

Frontier field of cell therapy: TCR-T cell therapy

foreword   

At present, tumor immunotherapy is in the ascendant, and one of the most effective treatment strategies is adoptive cell transfer therapy (ACT). Chimeric antigen receptor (CAR) and engineered T cell receptor (TCR) are the main adoptive T cell immunotherapy in recent years. TCR engineering T cells express tumor antigen-specific receptors, and their α chains and β chains are produced by high-quality and high-affinity antigen-specific T cell clones.

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TCR molecule belongs to a superfamily of immunoglobulin, which consists of two covalently bound polymorphic subunits, each of which is antigen-specific, and they are related to at least four different types of signal transduction chains. In order to activate T cells, there must be interaction between TCR and MHC.

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The interaction between TCRs and pMHC(peptide-MHC) determines the fate of immature thymocytes, which is very important for the survival of naive T cells. Therefore, TCR-T immunotherapy technology activates the host’s immune system through effective interaction with MHC, especially class II molecules, which are specifically recognized by TCR-T cells and CAR-T cells. TCR-T cells can recognize tumor-specific antigens in cells, while CAR-T cells mainly recognize tumor-specific antigens on the surface. This makes TCR-T cells more effective in tumor treatment.

At present, some new technologies and tools are being applied to TCR-T, which is helpful to improve the efficacy and safety of TCR-T therapy. TCR-T cell therapy is showing great potential for anti-tumor therapy.

  Comparison between CAR-T and TCR-T

In ACT therapy, TCR-T and CAR-T cells have been successfully used in the clinical treatment of solid tumors.

29881653003319813

CAR contains single chain antibody targeting tumor antigen, transmembrane domain and intracellular activation domain of CD3ζ. In this way, the engineered CAR can recognize specific tumor-associated antigens, and CAR can bind untreated tumor surface antigens without MHC treatment.

The first generation of CAR-T cells showed limited expansion and relatively short persistence, and the "second generation" CAR-T added costimulatory receptors CD28, 4-1BB/CD137 and OX40. These costimulatory receptors are added to the CD3ζ domain of CAR-T cells, thus promoting a more powerful and lasting T cell response. The third generation CARs combines two co-stimulatory signals (CD28 and 4-1BB) at the same time, which has better amplification and longer persistence than the second generation CARs.

On the contrary, TCR is an α/β heterodimer that binds to MHC antigen complex. Compared with TCR, CARs has some disadvantages in identifying tumor antigens, such as extratumoral toxicity. Compared with CARs, TCRs has some structural advantages in T cell-based therapy, such as more subunits (10: 1) in its receptor structure, more tyrosine-based activation motifs (ITAMs) in immune receptors (10: 3), less dependence on antigens (1: 100), and more costimulatory receptors (CD3, CD4, CD28, etc.). TCR with a low MHC affinity range (104-106M-1) can effectively activate T cells, whereas CARs needs a higher affinity range (106-109M-1).

77941653003319978

Therefore, CAR-mediated cytotoxicity depends on higher density of cell surface antigens. In addition, T-cell/antigen interaction IS initiated in the structure of immune synapse (IS), in which TCR presents an annular region with peripheral LFA-1 adhesion, while CAR presents a diffuse LFA-1 distribution without annular region. Therefore, TCR-IS is slower but lasts longer than CAR-IS. At the same time, CAR-T cells show faster killing function and migrate to the next tumor target (serial killing), which is in sharp contrast to TCR-T cells’ prolonged signal transduction and killing time.

Recombination TCRs  

TCR is one of the most complex receptors in human body. It contains six different receptor subunits, which have a very wide range of functions in T cells. The change of TCR of tumor infiltrating lymphocytes (TILs) significantly affects tumor-specific T cells. Among them, the change of TCR is helpful to the proliferation of T cells, and the diversity of TCR is related to the anti-tumor effect.

TCR engineering of TIL is one of the best treatment methods for tumors. TCR consists of α chain and β chain bound to peptide -MHC ligand, signal subunits (,γ and δ) of CD3 complex and CD3ζ homodimer. Except CD3ζ, all subunits have extracellular immunoglobulin (Ig) domain. Based on these structures, new technologies using engineering TCR include ImmTAC, TRuCs and TAC.

Immune mobilization monoclonal t cell receptor (ImmTAC)

ImmTACs is designed using engineered, soluble and affinity-enhanced monoclonal TCRs(mTCRs). ImmTACs is basically a fusion protein, which combines the engineering TCR targeting system and single chain antibody fragment (scFv) effector function. In the construction of ImmTACs, TCR can recognize peptides from intracellular targets presented by human leukocyte antigen (HLA).

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ImmTAC specifically targets HLA- peptide complexes on the surface of tumor cells, and promotes T cell-mediated effector function through the interaction between scFv antibody fragments and CD3. ImmTAC also activates CD8+T cells in a dose-dependent manner, and can effectively redirect and activate CD8+ and CD4+ cells. ImmTAC shows multifunctional reaction by secreting various cytokines, such as TNF-α, IFN-γ, IL-6, MIP1α-β and IFN-γ inducible protein 10.

In addition, selecting the appropriate target antigen is the key to ImmTACs, and mass spectrometry and MHC polymer technology are helpful to identify the appropriate antigen. It is worth noting that TCR engineered T cells also show unexpected targeted toxicity. Generally speaking, ImmTACs has been proved to enhance the anti-tumor response of TCR-T cells, but its safety needs further study.

T cell receptor fusion structure

T cell receptor fusion structure (TRuCs), an antibody binding domain fused with T cell receptor subunits, is designed to effectively recognize tumor surface antigens. TRuCs is composed of specific antibodies targeting tumor-associated antigens fused to the extracellular N- terminal of five TCR subunits (TCRα, TCRβ, CD3, CD3γ and CD3δ), which provides new targeting specificity and HLA-independent target cell clearance for engineered T cells and can be activated by corresponding target cells.

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Compared with the second generation of CAR-T cells, this method shows better anti-tumor effect. In addition, TRuCs dominates all the signal mechanisms of TCR complex, while CARs only uses the limited signal of the isolated intracellular segment of CD3ζ.

T cell antigen coupling agent (TAC)

T cell antigen coupling agent is another engineered TCR cell, which can induce more effective anti-tumor response and reduce toxicity in an MHC-independent way. TAC chimeric protein can form TCR/CD3 complex and get more T cell responses by binding to CD3 domain.

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The activity of TAC receptor is closely related to the selection of CD3 binding domain. For example, a single chain antibody from OKT3(muromonab-CD3) has lower cytokine production and cytotoxicity compared with UCHT1, which may lead to substantially different functional results. Compared with the second generation of CARs, T cells engineered with TAC gene are not only beneficial to the greater infiltration in solid tumors after adoption, but also reduce the expansion and extratumoral toxicity of T cells in healthy tissues expressing antigens.

Workflow of TCR-T cell therapy  

In order to isolate therapeutic TCR, antigen-specific T cells must be isolated from the blood of patients or healthy blood donors and amplified in vitro with specific peptide antigens and cytokines (such as IL-2 and IL-15). This process needs to determine the specific tumor-related peptide targets that can be safely targeted to patients in advance. After selecting the target antigen, different methods can be used to screen TCR with the required high affinity and tumor specificity. Pre-clinical safety testing is also necessary to ensure the minimum off-target effect and cross-reactivity of isolated high affinity TCR. Viral vectors are usually used to genetically modify autologous patient T cells to express the proven therapeutic TCR, and then transfuse it back into patients.

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Determine the target antigen

Melanoma antigen 1(MART-1) recognized by T cells is the first tumor-related antigen targeted in TCR-T clinical trials. After this breakthrough, TCR-T therapies for various tumor antigens have been developed, including TCR-T therapies for MAGE-A3, MAGE-A4, GD2, mesothelin, gp100, MART1, AFP, CEA, NY-ESO-1 and viral peptides derived from HPV and EBV. Among them, NY-ESO-1 has been proved to be one of the most promising targets of TCR-T cells, and it has achieved success in the treatment of synovial sarcoma, with an objective effective rate of 67%.

The ideal TCR-T target antigen shows the following characteristics: (1) the ability to induce immune response; (2) It is related to driving tumor phenotype (such as oncogene) to reduce the risk of antigen loss and tumor immune escape; And (3) expression on tumor stem cells to promote permanent tumor eradication.

Identification method of tumor-associated antigen

High-resolution mass spectrometry (MS) has been proved to be the most powerful Qualcomm method to promote the direct identification of HLA-I binding peptides from tumor cells. In this method, HLA-I/ peptide complexes are separated from tumor tissues or cell lines by immunoprecipitation (IP), and then the binding peptide antigens are separated from HLA-I molecules and antibodies for IP by fully washing and applying acidic elution buffer. This strategy allows each tumor sample to identify thousands of validated peptide targets, and has been used to identify HLA-I ligands of glioblastoma (GB), melanoma, renal cell carcinoma (RCC) and colorectal cancer (CRC).

Identification method of new tumor antigen

Although MS-based technology can be used to identify new antigens, it is more difficult to identify them, especially for tumor samples with limited size, because of their relatively low abundance and limited sensitivity of MS. However, the development of new generation sequencing technology is helpful to identify and locate such tumor targets. All-exon DNA sequencing, combined with computational prediction algorithm, allows to identify specific genetic changes in cancer cells, which can produce mutant peptides and present them on tumor HLA-I molecules.

All somatic mutant genes can be analyzed by computer to predict the potential high affinity epitopes that may bind to HLA-I molecules of patients, so as to be recognized by T cells. With the use of large MS elution peptide database, HLA-I peptide binding prediction algorithm is constantly updated and improved, and other prediction algorithms try to consider biological variables related to the complexity of intracellular processes.

Another commonly used method is tumor RNA sequencing, which allows the selection of new antigens with the highest transcriptional expression. It is worth noting that although these prediction methods usually show very good accuracy in identifying presented and highly immunogenic new antigens, the number of new antigen targets they usually predict is 1 to 2 orders of magnitude higher than the actual number of real targets.

Discovering new antigens by trogocytosis is a new method in recent years. Trogocytosis is a biological phenomenon in the process of cell combination, in which cells share and transfer membrane and membrane-related proteins. Li et al. found that T cell membrane proteins were specifically transferred to tumor target cells, which presented homologous HLA-I/ peptide complexes. Using these T cell-target cell interactions, they created a new antigen discovery system by incubating T cells expressing orphan TCR with homologous target cells. By transferring fluorescent markers from T cells to target cells, this method can isolate these target cells and sequence homologous TCR ligands, thus establishing a new antigen library.

Isolation of tumor-specific T cells and TCR

Using HLA-I polymer, single cell TCR sequencing or antigen-negative humanized mice, tumor-reactive T cells and TCR can be identified from autologous, allogeneic or xenogeneic cell banks.

Using HLA-I multimer method, antigen-specific CD8+T cells can be directly separated by multimer staining and flow cytometry. Before isolating the paired full-length TCR sequences, these polyclonal T cells were tested for homologous peptide recognition and anti-tumor function. TCR with high affinity and specificity can be obtained by using a highly sensitive PCR-based single cell TCR analysis method (TCR-SCAN).

Another method uses humanized mouse TCR gene bank, which will not cause T cell clone deletion or tolerance in humans. Therefore, Li et al. used the whole human TCRα/β gene locus and chimeric HLA-A2 transgene to construct transgenic mice to isolate human TCR against human TAA.

Single cell sequencing method represents a more promising method to isolate tumor-specific TCR coding genes by Qualcomm method. Using RNA bait libraries targeting each individual V and J element in TCRα and TCRβ loci, TCR coding genomic elements can be selectively isolated from excised genomic DNA(gDNA) fragments for subsequent paired terminal deep sequencing. This makes it possible to identify antigen-specific TCR from human materials or oligoclonal T cell populations of TCR humanized mice.

Infantile T cells can also be used as TCR sources for TCR-T therapy. TAA and new antigen-specific T cells can be derived and amplified from low-frequency precursors in peripheral blood of cancer patients, and can be reinfused or used as the source of antigen-specific TCR. Because cancer patients usually show immunosuppression or dominant T cell tolerance, the original sequence of HLA-I matched healthy donors also represents a reliable source, because it has a huge diversity of TCR sequences, and theoretically T cells have any antigen specificity, including new tumor antigens. A Qualcomm-quantity technology platform has been developed to find the original sequence, so as to quickly and effectively identify the rare but valuable TCR for personalized adoptive T cell therapy.

Cloning of TCR

Most TCR-based gene therapy methods rely on in vitro transduction of T cells with viral vectors, and adenovirus is the earliest vector used for gene therapy. However, due to their inability to integrate transgenes into the host genome, TCR expression will be lost during T cell proliferation. In addition, the immune genetic characteristics of adenovirus also limit its application as a gene therapy vector. In contrast, retroviruses show greater prospects as gene transfer vectors, because they can infect a variety of cells and have the ability to insert transgenes into the host genome, thus making the ectopic TCRα/β chain stably expressed.

Retroviral vectors derived from γ -retroviruses such as mouse leukemia virus (MLV) have been widely used for gene transfer into human T cells. This method has been used to transfer various genes, including suicide gene, TCR and CARs. The main disadvantage is that they cannot transduce non-proliferative target cells, which excludes the application of resting T cells in TCR-T therapy. In addition, retrovirus insertion mutation may cause potential side effects.

Recently, lentiviral vectors (LV) have attracted more attention as gene transfer vectors, because they can transfer genes into mitotic and non-splinter cell. Various techniques, such as Golden Gate cloning and LR cloning, are usually used to construct a vector for inserting TCRα/β gene.

Adeno-associated virus (AAV) is another widely used virus vector. Compared with adenovirus vector, AAV has lower immunogenicity and wider cell tropism, so it has been widely used in tumor gene therapy. In order to promote the integration of transgenes, people have developed self-complementary AAV vector (scAAV) to make AAV independent of the complementary strand synthesis of host cells. scAAV is more effective than traditional AAV in preclinical model.

At the same time, some non-viral gene editing methods have also been developed. MRNA electroporation has been proved to achieve transient expression of TCR and CAR, thus minimizing the risk of persistent virus components. Clinical data show that both TCR-T and CAR T cells modified by mRNA are feasible and safe, and there is no obvious evidence that they have non-targeted toxicity to normal tissues. However, the lack of continuous TCR expression may limit the curative effect and require repeated infusion. In addition, the non-viral sleeping beauty retrotransposon system is also used for the transduction of TCR and CARs.

Gene editing can insert large gene fragments into target cells specifically and efficiently through homologous directional repair (HDR). TCR-T cells developed by CRISPR/CAS9 have been proved to specifically recognize tumor antigens in vitro and induce a productive anti-tumor response in vivo.

Verification method of TCR

After TCR cloning, extensive preclinical verification is needed to prove the specificity and safety of engineered TCR-T cells. Verification includes evaluating the affinity of TCR by titration of homologous peptide antigens and measuring the killing effect of a group of HLA-I matched tumor cell lines. If there is no such tumor cell line, the target cells can transductively express related antigens and related HLA-I molecules. The new antigen can also be expressed in autologous antigen presenting cells to evaluate the antigen reactivity of TCR.

The safety test includes testing the ability of candidate TCR-T to identify HLA-I matching primary tissues, so as to ensure that there is no normal tissue as the target, which may lead to non-targeted toxicity. In at least two clinical trials of TCR-T cell therapy, there was a cross reaction between normal brain cells and heart cells, which led to the death of patients. These test results emphasize the importance of extensive safety tests before TCR enters clinical trials.

Safety of TCR-T  

The ACT of TCR-T cells showed high tumor killing, but some serious adverse events also appeared in some clinical studies. It is very important to optimize TCR affinity in engineered T cells, and receptor affinity can determine the safety and effectiveness of T cell therapy. In terms of curative effect, affinity TCR interaction is enough to activate T cells, but strong affinity is needed to maintain the expansion of T cells.

In phase I/II ACT clinical trials, engineered T cells with low affinity show safer characteristics, but their anti-tumor response is weak. By identifying the TCR-pMHC interaction of T cells, engineered T cells can be divided into high affinity type and low affinity type. In addition, some technologies have been developed to improve the safety of TCR-T.

The safety switch mechanism based on engineered T cells is an attractive strategy. Thymidine kinase gene from herpes simplex virus type I (HSV-TK) is one of the most common suicide genes.

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Although HSV-TK shows safety in cell-based immunotherapy, it is necessary to introduce phosphorylated nucleoside analogues. Another safer induced T cell safety switch is called inducible caspase-9(iC9). IC9 is a modified human FK binding protein, which can be activated by a small molecule compound AP1903, and this process depends on the mitochondrial apoptosis pathway.

The immunogenicity of iC9 suicide gene is low, and the immune response to transgenic cells is reduced. IC9-based safety switch has been proved to be more potential for cell therapy than previous suicide genes.

Clinical status of TCR-T cell therapy  

As of August 9, 2021, there are 175 studies using TCR-T therapy in ClinicalTrials, 71 of which are specific TCR for specific TAA or new antigen, and 32 studies have been completed. NY-ESO-1 is the most common targeted antigen, which is expressed in many cancers, including myeloma and melanoma. Other tumor testis-associated antigens, such as PRAME and MAGE proteins, melanoma differentiation antigens MART-1 and gp100, and recent cancer drivers, such as WT1, KRAS and TP53, are also popular TCR-T targets.                     

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A total of 83 sponsors/collaborators initiated or participated in the research of TCR-T cell therapy, including the National Institutes of Health (NIH), government organizations, industries and universities/academic institutions. At present, the National Cancer Institute (NCI) has supported 53 TCR-T projects, accounting for 20% of all ongoing projects.

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Among the 29 pharmaceutical companies developing TCR-T therapy, GlaxoSmithKline and Adaptimunime initiated the most clinical trials, with 11 and 7 respectively. Recently, a phase 1 clinical trial (NCT02858310) of TCR-T cells targeting human papillomavirus (HPV)-16 E7 protein in the treatment of metastatic human papillomavirus-related epithelial cancer was reported. In this study, 6 of the 12 patients who received treatment showed objective clinical response and observed steady tumor regression. This is a landmark clinical trial of TCR-T cell therapy, which proves that targeted virus antigen has good clinical effect on patients with virus-related cancer. Other viral antigens explored as TCR targets include HPV-E6 protein, antigens from Epstein-Barr virus (EBV) and human endogenous retrovirus (HERV) targets, such as Herv-E.

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MART-1 and NY-ESO-1 TCR-T therapy targeting TAAs also showed clinical efficacy in advanced melanoma, myeloma and non-small cell lung cancer. The total effective rate (ORR) of TCR-T clinical trial is between 0 and 60%. It is worth noting that most of these TCR-T clinical trials only enrolled a small number of patients (2 to 25), so ORR may not be statistically accurate. Therefore, larger-scale phase II and III clinical trials are needed to confirm the actual clinical efficacy of these TCR-T therapies.

Challenges and potential solutions of TCR-T cell therapy  

Although immunotherapy based on TCR-T cells has shown certain clinical efficacy in most patients receiving treatment, it still faces many challenges in many fields. These challenges include: (1) Immunotoxicity caused by targeting normal tissues; (2) The expression of TCR in engineered T cells is insufficient or transient; (3)T cell exhaustion and dysfunction; (4) tumor immune escape, and (5) most cancer patients lack effective tumor-specific antigens as targets. Overcoming these challenges will be the key to greater clinical success in the future.            

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Discovery of new targets

At present, the target of peptide antigen for effective and safe immunotherapy of TCR-T is very limited. At present, most of the targets used are TAA. Although it is up-regulated in tumor tissues, it still maintains a low level of expression in normal tissues, which may lead to autoimmune toxicity. Therefore, the new antigen seems to be the safest target for TCR-T cancer treatment. However, the main challenges of developing new antigens in TCR-T clinic include: (1) the mutation of new antigens is individualized to a great extent, and there are differences among cancer patients, so it is difficult to develop widely used immunotherapy products; (2) The expression of new antigens in tumor tissues is often heterogeneous.

Nevertheless, recent reports have highlighted the emergence of new immunogenic antigens widely shared by tumor cells, including mutated KRAS and TP53. Many other studies have also demonstrated the immunogenicity of shared new antigens that can be used to generate potential therapeutic tumor-specific TCR. With the development of next generation sequencing technology, especially single cell DNA sequencing, transcriptome sequencing and mature in vitro verification methods, TCR-T immunotherapy targeting personalized new antigens may become a popular cancer treatment method in the next few years. In addition, the emerging TAA class, such as carcinoembryonic antigen, may also constitute a feasible target for the future development of TCR-T.

Maximize therapeutic TCR expression

The correct pairing of transgenic α and β chains is one of the main challenges that hinder the development of TCR-T cells. Since each transduced T cell includes two endogenous TCR chains and two transformed TCR chains, heterodimers with unknown specificity can lead to potential autoimmune consequences. Another related problem is that improper α/β chain TCR pairing will compete for CD3 complex, thus reducing the surface expression and signal transduction of therapeutic TCR.

There are several methods to properly pair the transduced TCR chains, including: (1) the constant region of partially murine TCR; (2) adding cysteine residues to promote the introduction of disulfide bonds in TCR chains; (3) changing the secondary structure of the constant region of endogenous TCR; (4) adding a signal domain to the intracellular part transduced with TCR; (5) Introducing TCR-α/β chain into substitute effector cells or constructing single-stranded TCR.

Methods to enhance the expression of therapeutic TCR include: (1) codon optimization of TCR-α and TCR-β chain transgene, and (2) changing the configuration of TCR-α/TCR-β vector to optimize expression.

Reduce adverse events

Usually, targeting non-tumor toxicity is the main key obstacle of TAA, and this risk urges researchers to study common new antigens more carefully. At present, several oncogene hot spot mutations are being studied as potential TCR targets, such as phosphoinositide -3- kinase (PI3K), KRAS and TP53. In addition, genetically engineered TCR-T cells with suicide genes are an important safety measure. Obviously, it is very important to develop reliable, identifiable, personalized, highly specific and immunogenic tumor antigen targets to reduce adverse events related to TCR-T cell therapy.

Graft-versus-host disease of allogeneic T cells

Using allogeneic T cells is a very promising scheme, which can overcome manufacturing problems, patient-related immune cell defects and treatment delays. In order to use allogeneic T cells, it is necessary to control graft-versus-host disease caused by transduced allogeneic reactive lymphocytes and rejection of engineered lymphocytes by host immune system.

The deletion of endogenous TCR gene, HLA-I locus or CD52 molecule is one of the strategies to avoid the failure of TCR-T transplantation, which can be achieved by many methods, such as gene editing or using siRNA. In addition, pluripotent stem cell technology is also considered as a potential solution.

  summarize

In recent years, engineered T cells have shown excellent curative effect in the treatment of hematological tumors. TCR regulation is very important for T cell reactivation, immune response and its clinical effect on foreign antigens. TCR-T cells have incomparable advantages over CAR-T cells, and show great potential in preclinical and clinical research.

However, there are still several key challenges to improve the anti-tumor efficacy of TCR-T immunotherapy, including how to safely increase the affinity of therapeutic TCR, how to identify the common tumor-specific antigen and TCR in the patient population, and how to regulate the expression of TCR and achieve the best function. The solution of these problems will help to give full play to the potential of TCR-T cell therapy and bring hope to cancer patients to relieve their pain.

References:

1.Engineered TCR-T CellI mmunotherapy in Anticancer Precision Medicine: Pros and Cons. Front Immunol. 2021; 12: 658753.

2. Evolution of CD8+ T Cell Receptor(TCR) Engineered Therapies for the Treatment of Cancer. Cells. 2021 Sep; 10(9): 2379.

Eternal Monument: Ten Military Principles

  
The People’s Liberation Army (PLA) has accumulated rich operational experience after a year and a half of fighting, especially since it turned to a strategic offensive. Mao Zedong made a systematic and scientific summary of these experiences. From December 25th to 28th, 1947, the Central Committee of the Communist Party of China held an enlarged meeting in Yangjiagou, Mizhi County, northern Shaanxi, at which Mao Zedong made a report on "Current Situation and Our Tasks". In this report, the famous "Ten Military Principles" were put forward. The main contents are: fight scattered and isolated enemies first, and then fight concentrated and powerful enemies; Take small cities, medium-sized cities and vast villages first, and then take big cities; The main goal is to annihilate the enemy’s effective forces, not to preserve or seize cities and places; Concentrate absolute superior forces in each battle, surround the enemy on all sides, and strive to wipe out the enemy, so as not to escape the net; Don’t fight unprepared battles, don’t fight uncertain battles; Carry forward the style of fighting bravely, not afraid of sacrifice, not afraid of fatigue and continuous fighting; Strive to annihilate the enemy in the movement, while paying attention to position attack tactics; On the issue of siege, all enemy strongholds and cities with weak defenses are firmly seized, all enemy strongholds and city cameras with medium defenses are seized, and all enemy strongholds and cities with strong defenses are seized when conditions are ripe; Replenish ourselves by capturing all the enemy’s weapons and most of their personnel. The source of our army’s manpower and material resources is mainly at the front. Be good at using the gap between the two campaigns to rest and train troops.
The full text of the top ten military principles is 593 words. In incisive language, Mao Zedong made the strategic and tactical principles of the People’s Liberation Army clear, which is both easy to understand and easy to remember. It is completely different from his opponent Chiang Kai-shek’s long speech. In the later stage of strategic decisive battle and strategic pursuit, the People’s Liberation Army flexibly applied ten military principles, further enriched and developed this theoretical treasure, and finally relied on this treasure to completely defeat eight million Kuomintang troops.
From the sixteen-character formula to the ten military principles, it marks the improvement of the strategic and tactical theory of the people’s army, and marks that Mao Zedong’s military thought reached an unprecedented height during the War of Liberation. Therefore, it is not difficult for people to understand why Chiang Kai-shek, who was an excellent cadet studying in the Japanese military academy and the president of the Whampoa Military Academy, was finally defeated by Mao Zedong, who had never been to a military academy for a day. Batman, a British military expert, commented: "Mao Zedong is an era figure who holds all the keys to unlock the military mysteries of this era." (Xinhua News Agency)

Editor: Cao Jin

The Ministry of Foreign Affairs responded to Trump’s remarks on tariffs: Chinese never eats this set.

  According to reports, on 26th, US President Trump said in an interview that the US and China have exchanged views on economic and trade issues in the past few days, and the two sides may reach an agreement during the G20 summit. If no agreement can be reached, he will impose additional tariffs on China. At today’s (27th) regular press conference of China’s Foreign Ministry, Geng Shuang, a spokesman, said that the US threat could not scare the people of China, and a trade war would harm others and harm themselves, which could not solve the problem at all.

  Foreign Ministry Spokesperson Geng Shuang:China has always advocated resolving Sino-US economic and trade frictions through dialogue and consultation, but at the same time it will firmly defend its legitimate rights and interests. The US threatened to impose additional tariffs on China, which did not scare the people of China. Chinese believes in no evil and is not afraid of pressure. He never buys it. I would like to advise the US side once again that a trade war and tariff increase will not solve the problem at all. I hope that the US side will listen carefully to the opposition of different groups and the general public in the United States to trade wars and tariff increases in recent days, and also listen carefully to the resistance of the international community to unilateralism, protectionism and bullying during the G20 summit.

  Geng Shuang expressed the hope that the US and China will move in the same direction, take care of each other’s reasonable concerns on the basis of mutual respect, equality and mutual benefit, and strive for mutual benefit and win-win. This is not only in the interests of China and the United States and the two peoples, but also the general expectation of the international community.

The Israeli army bombed indiscriminately! It has attacked more than 7,000 targets in Gaza, and the Palestinian death toll exceeds the fifth Middle East war.

The Israeli bombing campaign in Gaza has lasted for 20 days. The scale of this round of air strikes and the heavy casualties have attracted worldwide attention, and the Palestinian death toll has surpassed the fifth Middle East war.

The Israeli military has attacked more than 7,000 targets in Gaza.

The Israeli bombing campaign in Gaza lasted for 20 days, and it has become one of the most intense bombing campaigns in the 21st century, which has attracted increasing global attention to its scale, purpose and casualties. The Israeli military says it has attacked more than 7,000 targets in Gaza. This figure is higher than any previous Israeli military action in this narrow flying field.

Communication and Internet services in Gaza were completely disrupted.

On the evening of 27th, the Palestinian Telecommunications Company announced that all communication and Internet services in the Gaza were completely cut off due to intensive bombing by Israeli warplanes.

Israeli Army 27 expanded the scale of ground operations in the Gaza.

The World Health Organization (WHO) said on the 27th that it has lost contact with its staff in Gaza and other local humanitarian partners. Due to the interruption of communication, the ambulance could not reach the bombing site. At present, there are no specific statistics on casualties. On the 27th, the Israeli military expanded its ground operations in the Gaza and intensified its air strikes in the Gaza.

The Israeli army said that the main operation base in Hamas is located on the ground floor of Shifa Hospital.

According to the Israel Times reported on the 27th, Daniel Hagari, the chief spokesman of the Israel Defense Forces, said that Hamas’s main operation base is located in the underground of Shifa Hospital in Gaza. According to Hamas, according to the information available, there are several tunnels leading to underground bases outside the hospital, so Israeli officials can access them without entering the hospital.

Israeli army spokesman Hagari:

Hamas has turned hospitals into command and control centers and hiding places for terrorists and commanders in Hamas. Besides, according to the information we have, I can confirm that there is fuel in hospitals in Gaza. I repeat, there is fuel in hospitals in Gaza, and Hamas is using it to maintain its terrorist infrastructure.

An IDF spokesman warned Gaza Hospital.

Hamas later issued a statement saying that Israel’s claim that Shifa Hospital was used for military purposes or as an organizational base was false, and called on the United Nations and Arab countries to intervene immediately to stop Israeli air strikes and damage to the medical system.

According to Al Jazeera, the Israeli Air Force bombed the vicinity of Shifa Hospital and an Indonesian hospital on the evening of 27th.

Israeli army spokesman Peter Lerner:

What I want to say is that if hospitals continue to take these actions under certain circumstances, hospitals may indeed lose the protection they have obtained.

The Palestinian death toll has surpassed the fifth Middle East war.

Since the outbreak of the new round of Palestinian-Israeli conflict, Israel’s bombing of Gaza has lasted for nearly three weeks, and its scale and heavy casualties have attracted worldwide attention. According to the data of the British Conflict Monitoring Agency, this round of air strikes by the Israeli army even exceeded the one-month heavy bombing of the Iraqi city of Mosul controlled by extremist organizations by the US-led military alliance. In March 2017, the military alliance against extremist organizations fired about 5,000 artillery shells, and Israel fired at least 2,000 more in less than three weeks. Health authorities in the Palestinian Gaza said that more than 7,300 people had died in the Gaza since the current round of Palestinian-Israeli conflict broke out. This is the conflict with the largest number of Palestinian deaths since the fifth Middle East War in 1982.

The General Assembly adopted a resolution calling for a humanitarian truce between the Israeli and Palestinian parties to the conflict.

On 26th local time, in view of the tension in Gaza, the United Nations General Assembly resumed its tenth emergency special session on the Palestinian-Israeli conflict.

Mansour, Permanent Observer of Palestine to the United Nations:

In the past three weeks, 7,000 Palestinians in the Gaza were killed by Israelis, and 70% of the victims were women and children. Why can some people feel the pain of Israelis, but not the pain of Palestinians? What the hell is going on here?

On the 27th, the emergency special session of the United Nations General Assembly adopted a resolution with 120 votes in favor, 14 votes against and 45 abstentions, calling on the Israeli and Palestinian parties to the conflict to immediately implement a lasting and sustained humanitarian truce, thus contributing to the cessation of hostilities.

Israel refused to accept the relevant resolutions adopted by the General Assembly.

Israel said it refused to accept the relevant resolutions adopted by the UN General Assembly and would use "all means" to attack Hamas.

US media: The Israeli army is conducting simulation training in the southern "Little Gaza"

According to the Wall Street Journal, the Israeli army has been training in a simulated Palestinian town in southern Israel, which is equipped with a tunnel network and officially called an urban training center. The soldiers called it "Little Gaza".

Wall Street Journal reporter:

This simulated small town is located in the middle of the desert. It has minarets of mosques, simulated schools and hospitals, and completely reproduces the enemy towns that the IDF is about to infiltrate and fight in.

Israeli gun shops and shooting training grounds have seen a sharp increase in customers.

After the new round of conflict between Palestine and Israel broke out, the number of customers in Israeli gun shops and shooting training grounds surged to a record high. The Israeli authorities have set up hundreds of voluntary security groups composed of civilians throughout the country and equipped them with weapons such as guns. These members of the civil security group patrol the streets and cooperate with the police. The purpose is to prevent conflicts between Arabs and Jews in Israel. Ithama Ben-Gewell, Israel’s Minister of National Security, has ordered the relaxation of restrictions on Israeli citizens’ obtaining gun licenses.

Expert: The game between the international community and Israel will continue.

The flash that was picked up by white-collar workers changed from the first to small and beautiful.

In March 2021, when the financing was announced, media reports showed that there were more than 1 million riders in the flash.

Just over three years later, the flash prospectus shows that there are 2.7 million registered riders, an increase of nearly 1.7 million.

However, during this period, the revenue of flash delivery only increased by about 50%, far less than the growth rate of riders.

The result can only be the compression of delivery time and the decline of revenue per order.

Just needed, small track

Express delivery, logistics, take-out and instant delivery are essentially the exchange of money and time. It takes some people’s time to help others complete time-consuming and labor-intensive things.

Express delivery and logistics are long-distance delivery, take-out is short-distance delivery, and running errands and the same city are in between. Flash is located on this track. Because Dada occupied the "first share of instant retail" and SF City became the "first share of third-party instant delivery", Flash delivery had no chance to become the "first share", so it was necessary to emphasize its uniqueness, so it became the "largest independent on-demand delivery service provider".

The so-called on-demand courier service is one-to-one express delivery, and the flasher only serves one customer at a time from picking up to delivery, and delivers it point to point. In this mode, flash has several core advantages.

First of all, one-to-one service, each important document has a direct person in charge, and there are almost no problems such as lost parts and damage. The flash prospectus shows that in 2023 and the first half of this year, its loss rate is very low, only 0.01%.

Secondly, compared with other distribution, one-to-one service naturally costs more. According to the prospectus, customers are willing to pay a high price for the service experience. According to iResearch, the average price per order in the first half of the year was 16.5 yuan, which is a significant premium compared with other major participants in the on-demand distribution industry.

Third, just need. In the case of safety requirements, one-to-one distribution is naturally more secure than centralized distribution, especially for items with strong timeliness and great importance. For first-tier cities, although such scenes do not often appear in work and life, most people will have demand more or less.

The story of "saving" the marriage between Justin and Zhang Xinyi is often mentioned. In 2016, Zhang Xinyi and Justin will hold a wedding in Germany. At the airport, because Zhang Xinyi forgot to bring his mobile phone and wedding veil, thanks to the timely delivery of the younger brother, the trip was not delayed. This aspect reflects the value of instant delivery.

According to the prospectus, on this track, flash has occupied 33.9% market share. However, this is not a big track. In 2023, the revenue of flash delivery was 4.5 billion. From this calculation, the whole market was only 13.2 billion, and it was a small track with a very obvious ceiling.

Focus is the key to the success of flash.

The flash startup team lacks "star flavor". Founder Xue Peng graduated from the School of Science of North China University of Science and Technology in 2005, majoring in information and computing science, and then went to the Royal holloway College of University of London to study for a master’s degree. He has very little information. It is reported that his family conditions are good, and his family involves many enterprises such as real estate, taxis and driving schools, but this low-key "rich second generation" finally chose to start a business. In 2007, Xue Peng returned to China to start a business and founded an integrated service platform for express logistics-Easy Post.

In contrast, Kuai Jiaqi, founder of Dada Group, graduated from Massachusetts Institute of Technology. He holds a bachelor’s degree in logistics engineering from Tongji University and a master’s degree in logistics engineering from Massachusetts Institute of Technology.

However, Flash finally broke through in the fierce competition and once became the "leader" of the industry. It has successively completed 11 rounds of financing, attracting many well-known investment institutions such as Lei Junshun Capital and Jingwei Venture Capital, and Pusi Capital, a subsidiary of Wang Sicong, has also participated in the investment for two consecutive rounds.

Listing is capital.

Flash delivery has always been the main on-demand mail service, and today, it still maintains a good development situation.

According to Xue Peng’s understanding, once the city-wide real-time distribution mode from person to person forms a scale, it will form a strong competitive advantage and the entry threshold is relatively high. Flash delivery has indeed built a certain industry barrier for itself. For example, there are 2.7 million registered riders, 88.9 million users, more than 270 million orders a year, and higher customer unit prices in the industry. In terms of rider and user scale, brand awareness, customer consumption willingness, etc., flash delivery does have a good accumulation.

In terms of performance, the development of flash delivery is in good condition. The overall order volume of flash delivery keeps increasing. The orders in 2021-2023 and the first half of 2024 were 159 million, 213 million, 271 million and 138 million respectively. With the increase of orders, the revenue also keeps growing, which is 3 billion yuan, 4 billion yuan, 4.5 billion yuan and 2.3 billion yuan respectively. Under normal circumstances, it is highly probable that this year’s growth will continue to be positive, but the growth rate continues to slow down.

Flash also maintained a stable profit. In 2023, the profit was 110 million, and in the first half of this year, the profit was 120 million, which had the effect of government subsidies, but it was still profitable if this factor was excluded. In contrast, Dada Group has never made a profit, losing 600 million yuan in the first half of this year.

Cash flow has also steadily turned positive in the last year and a half. The inflow was 45.71 million yuan in 2023 and 20.67 million yuan in the first half of this year. Cash increased from 690 million in the same period last year to 710 million in the middle of this year, which has increased steadily in recent years.

As early as 2020, Flash executives said in an interview with the media that the company may go public soon. At that time, Flash was in a state of loss, and perhaps it really needed listing financing, but the financing was received in the following year, and it was profitable again in 2023. Flash has entered a relatively positive track, and the urgency of the company’s listing financing is not strong, more like listing to meet the requirements of the capital side.

In mid-2020, Dada Group became the first share of instant delivery. After more than four years, its share price has shrunk by 90%. At the end of 2021, SF Express, an independent company, went public in Hong Kong, and its share price was slightly better, shrinking by 30%.

With the previous reference, Flash was broken on the second day of listing and once fell to $11.47, which was not sought after by the market.

The problems faced by flash at this stage make the future more unknown.

Struggling 2.7 million riders

Focus is the key to the listing of Flash, but it is also the reason why Flash can’t open the situation.

There are few companies that don’t make any kind of distinction between revenues, and flash delivery is one of them. A single business is closely bound to the order volume, and the revenue will increase when the order volume is high. After 10 years of development, the on-demand courier service has entered a gentle development period, which is also the reason why there has been no financing for flash delivery in the last three years. If you want to increase orders, you need to reduce prices and expand the market.

According to the order volume and revenue, the average revenue per order in 2021-2023 and the first half of 2024 was 19.12 yuan, 18.79 yuan, 16.71 yuan and 16.55 yuan respectively. In a state of continuous decline.

In addition to price reduction, flash delivery is also increasing consumption scenarios. At first, the main scenes were urgent matters, important documents, etc. Later, Flash began to provide expedited delivery services for customers of local restaurants, flower shops and bakeries, and to distribute valuable electronic products to consumers.

The expansion of the scene will indeed increase the order volume, but as mentioned above, the space in this market is too small. Instant delivery can be divided into four categories, namely, food and beverage takeout represented by Meituan and Hungry, which is high frequency, strong demand and most valuable. Fresh home delivery and Shangchao, represented by Dada, are equally high-frequency and just needed, but to a lesser extent than takeout. The logistics in the same city, represented by SF Express, is not high-frequency, but it faces more scenes and has stronger carrying capacity. Finally, there is the running errands represented by flash, and the demand frequency is lower than other modes.

Without the high-frequency feature, flash can’t use full-time riders like Meituan and Hungry, so it can only adopt crowdsourcing mode. Therefore, there are a large number of riders, with 2.7 million riders far exceeding 1.2 million in Dada Group and 950,000 in Shunfeng City, almost reaching the scale of being hungry. But obviously, the presence of the flash rider is far lower than that of hungry.

The advantage of flash delivery is that the customer unit price is high, and there is a lot of room for operation. However, crowdsourcing riders are not loyal, and they often take orders from multiple platforms at the same time, resulting in high personnel mobility. This requires flash delivery to benefit riders as much as possible. In 2021-2022, the salary and reward paid by flash delivery will exceed 90.5% of the revenue. However, the flashing needs to be profitable, and it has to be directed at the rider. In 2023 and the first half of this year, the proportion dropped to 85.4%.

To sum up, on the one hand, it is necessary to reduce the price and increase the order, on the other hand, it is necessary to maintain a high share for the rider, and on the other hand, it is necessary to consider its own operation and reduce the cost from the rider as much as possible. According to the scale of 2.7 million riders, combined with revenue, order volume and unit price, in 2023, there will be 740,000 orders per day, generating revenue of 12.41 million yuan, and the reward allocated to riders will be 10.9 million yuan. By this year, although there are 770,000 orders every day, the reward allocated to riders is only 10.84 million, with the increase of orders and the decrease of rewards.

At the same time, the prospectus shows that in 2021-2023 and the first half of this year, the average delivery time of orders was 35 minutes, 31 minutes, 29 minutes and 27 minutes respectively, which has been compressed, and the delivery pressure of riders continues to increase.

The rider’s income drops, the pressure of order limitation continues to increase, the competition becomes cruel, and the living environment is very difficult. At the present stage, it is no problem for riders to increase their income sources, but after all, they can’t keep the platform running by squeezing riders.

Of course, rider ecology is not a serious problem, and the real challenge comes from the external environment.

Small and beautiful, false proposition

Without backing the giants, the most well-known employer is Shunwei Capital of Xiaomi, accounting for only 7.8% of the shares. Although it is known as the largest on-demand delivery service platform, the scale of flash delivery is only half that of Dada and less than 40% of that of SF. Such a "small but beautiful" platform is often difficult to maintain for a long time in China Internet market.

The so-called moat flashing is more relative to the start-up platform. At this stage, it is not a small platform that competes with flash. Meituan’s errands, hummingbirds, SF Express and Dada are all backed by super platforms, and the order volume is incomparable. These platforms are involved in the field of flash, which is just a supplement to the business. Taking SF City as an example, getting involved in the same city business is only to supplement the short-distance delivery business and improve the choice of customer unit price, which can increase the income of the courier brother, and also expand the fresh home delivery, Shangchao and even take-away business when necessary, and improve the human efficiency without harm.

Giants not only have traffic, brands, service guarantees, but also the ability to price war. Previously, SF executives in the same city mentioned that the price is expected to fall this year, and the price is its core competitiveness. There is no doubt that in the face of price war, flash has basically no ability to parry. Flash delivery has almost no counter-ability, and it can be said that it is difficult for flash delivery to enter the take-away and logistics markets.

In fact, flash delivery is in a state of being a fish. In 2021, after the D2 round of financing, the flash valuation reached 2 billion US dollars. In 2024, the Hurun Global Unicorn List, the flash valuation was 7.1 billion yuan. After listing, the market value of Flash is only $1.07 billion. The downward adjustment of the flash valuation in the capital market has already explained many problems.

Flash delivery is actually a microcosm of the economic development of the Internet platform. Small and beautiful is a false proposition. If the scale is not reached, it will be impossible to compete with the giants. We can only pray that the giants will despise the "fly legs". An action of a giant that is often completely irrelevant may directly determine the life and death of a platform.

References:

1. A single income in 16 yuan, 2.7 million riders sent to the market, source: fixed focus.

2. Before going to the US IPO, flash to deal with the "same paragraph" problem of SF. Source: Wall Street.

3. Flash IPO to the United States: the price of a single customer has been declining year after year, and the unicorn valuation is "big waist" | BUG, source: Sina Technology