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Source: Beijing Science Popularization Development and Research Center

　　Xinhua News Agency, Beijing, October 9 th: What does it mean to repeat "blocking and blocking" and "people follow the crowd" — — Take stock of the eight-day National Day Mid-Autumn Festival holiday

　　Xinhua News Agency "Xinhua Viewpoint" reporter

　　If the highway reappears "blocking and blocking" and the tourist attractions return to "people following the crowd", we can not fully sum up the just-concluded Mid-Autumn Festival and National Day, then we can add a set of data: 637 million domestic trips, and the sales of national retail and catering key monitoring enterprises are about 1.6 trillion yuan … …

　　Popularity and consumption power far exceed expectations, and new and upgraded market trends are constantly emerging. The stories that happened this holiday are not only related to the successful experience of epidemic prevention and control in China, but also reflect the importance of China’s economic recovery and smooth domestic circulation.

　　Festivals: The activities highlight the celebration of home and country, and the red theme and Mid-Autumn Festival tradition are deeply rooted in the hearts of the people.

　　At the National Day special event held by Chaoyang District Cultural Center in Beijing, guests took photos with the national flag (photo taken on October 1). Xinhua News Agency reporter Jin Liangkuai photo

　　The two festivals coincide to celebrate the whole country, and various red theme activities have been launched in various places to sing the main theme of "I and my motherland".

　　On October 1st, bright national flags were raised all over Ran Ran, reflecting people’s solemn and dignified faces. Zhang Dingyu, president of Wuhan Jinyintan Hospital, led the medical staff to sing the national anthem.

　　From Wuhan to Changsha, from Liaoning to Xinjiang, various places have launched "flash mob" activities to present the 71st birthday of New China. In the grasslands of northern Xinjiang, festive songs ring and Ma Touqin sounds convey people’s blessings; In Baoding, Hebei Province, tens of thousands of people visited the Revolutionary Memorial Hall in the Shanxi-Chahar-Hebei Border Region to receive revolutionary traditional education and patriotic education.

　　According to the report released by Donkey Mama Travel Network, the number of red tourists has increased greatly. Especially in the two days before the holiday, the number of red tourism-related consultations and reservations has increased by more than three times compared with this year’s Dragon Boat Festival holiday.

　　In addition, this year’s National Day movies, such as My People My Homeland and Leap, are based on the theme of homesickness and love for the motherland. Ming Zhenjiang, chairman of the China Film Producers Association, said that these works embody the national spirit and patriotism.

　　Epidemic prevention and control: safety measures permeate all links, and the key words are quota, appointment, peak shift and mask.

　　On October 8, passengers stopped at Hankou Railway Station. On the last day of the "Eleventh" Golden Week holiday, Hankou Railway Station in Wuhan ushered in the peak of passenger flow, and it is estimated that 80,000 passengers will be sent on that day. Hankou Railway Station strengthens epidemic prevention work such as scanning health code, taking temperature and keeping a safe distance for inbound passengers, and increases the frequency of disinfection in the station to ensure passengers’ safe travel. Xinhua News Agency reporter Xiao Yijiu photo

　　The reporter learned that during the "Eleventh" period, the relevant requirements for epidemic prevention and control were strictly implemented throughout the country, and there were no new confirmed cases in China.

　　"Limited quantity, reservation and peak shifting" has become the standard of tourist attractions around the country. Sichuan continues to implement the "three more and two more" measures in various cultural and tourist sites, that is, more staff, more entrances, more detection points, evacuation places and isolation places, so as to ensure that there are enough staff to maintain the order at the site and improve the service quality.

　　This holiday, a large number of collective appearances, major theaters are insisting on epidemic prevention work. In a cinema in Beijing, the reporter saw that the audience queuing in front of the ticket vending machine wore masks and consciously kept their distance; Viewers watching 3D movies need to buy their own 3D glasses, which cannot be reused. After the film, the staff will clean and disinfect the cinema immediately.

　　Although epidemic prevention is a standardized operation, the management details reveal flexibility and warmth. Recently, Wuxi Railway Station has specially opened a service channel for passengers who use old man-machine and have no WeChat or mobile phone, that is, they can’t show their health codes, which has attracted many netizens’ praise.

　　Travel: Multi-site high-speed reappearance of "blocking and blocking"

　　A Fuxing high-speed train passed the Juyongguan Great Wall from Beijing-Zhangjia high-speed railway (photo taken on October 6). Xinhua News Agency reporter Yan Huanzong photo

　　Although we are still cautious about epidemic prevention and control, people’s enthusiasm for traveling during the holidays can be called "fiery". The reporter learned from the Ministry of Transport that from October 1 to 8, the national railways, highways, waterways and civil aviation sent 62.115 million passengers every day.

　　"I have been squatting for half a year, knowing that I may encounter congestion and I must go out." Many interviewees said. According to the relevant person in charge of the Ministry of Transport, during the holiday period, the demand for people to return home to visit relatives and travel is relatively strong, and the road passenger traffic volume has increased significantly compared with that before the holiday.

　　A prominent feature of holiday traffic is that the passenger flow is obviously diverted to private cars and railways due to the superposition of factors such as the epidemic situation in COVID-19, free highway traffic and relatively sufficient railway (high-speed rail) transportation capacity. Long-lost vehicle "blocking" scenes have reappeared.

　　The news of "Highway Traffic Congestion" continues to be on the list of online hot searches, and many people have exposed pictures and videos of "traffic jams and long queues" and "people are blocking the road in various funny ways" on social platforms.

　　Some netizens laughed at themselves humorously and stayed out of the city for a night. "I watched a sunrise on the highway by the way." Some get off the bus during traffic jams, walk the dog and play the piano … …

　　The "2020 National Day Travel Report" released by Gaode Map shows that from October 1 to 7, the proportion of national high-speed congestion mileage increased by 66% year-on-year. Guangdong-Hong Kong-Macao Greater Bay Area has the highest degree of expressway congestion, followed by the Yangtze River Delta, and Chengdu-Chongqing and Beijing-Tianjin-Hebei regions rank third and fourth respectively.

　　Tourism: the scenic spot repeats "people follow the crowd", and the situation of upgrading leisure tourism is obvious.

　　People watch the light show on the Bund in Shanghai (photo taken on October 5). Xinhua News Agency reporter Wang Xiang photo

　　During the two festivals, tourists from many scenic spots were "bursting" and staged a scene of "people following the crowd". According to china tourism academy (Data Center of the Ministry of Culture and Tourism), during the eight-day holiday, the country received 637 million domestic tourists, a year-on-year recovery of 79.0% according to comparable caliber; Domestic tourism revenue reached 466.56 billion yuan, a year-on-year recovery of 69.9% according to comparable caliber.

　　Many people still choose traditional hot spots during limited holidays. The data shows that traditional popular scenic spots such as Huangshan, Zhangjiajie and Emei Mountain are still popular destinations for people to travel. The total number of tourists in popular areas such as Beijing, Shanghai, Guizhou and Shaanxi is about 226 million, accounting for about one-third of the total number of visitors in the country.

　　The recovery of tourism is nothing more convincing than the strong popularity of Hubei scenic spots. It is reported that 30 key scenic spots in Hubei have received a total of 2,071,100 tourists, achieving a comprehensive tourism income of 205 million yuan. The Yellow Crane Tower ranks first in the popularity of domestic scenic spots, and the Wuhan Sports Center, once a shelter hospital, has resumed its opening to the outside world, and the sports venues are all full.

　　Tourists visit the Changqiao Scenic Area of West Lake in Hangzhou (photo taken on October 1). Xinhua News Agency (photo by Jianghan)

　　It is worth noting that during the holidays, the tourism market, which is obviously warming up, obviously shows the trend of consumption upgrading, and personality and quality have become important demands of tourists.

　　Ctrip released the Mid-Autumn National Day Holiday Tourism Big Data Report, which shows that the domestic tour has turned into a leisure holiday, and the in-depth tour, go on road trip tour and customized tour are more "hot". During the holidays, the number of people renting cars in go on road trip and their consumption reached a record. The number of car rentals increased by 50% compared with last year, and private groups increased by 100%.

　　In addition, in previous years, every holiday, tourists often complained about some businesses’ unreasonable price increases and "black tour guide" cheat people’s harm to consumers’ rights and interests, but this year, such cases have been greatly reduced. Experts said that this is the result of strict management and strengthened governance in scenic spots around the country.

　　Consumption: The average daily sales exceeded last year’s "Eleventh" Golden Week, and the sinking of online consumption, new consumer groups and digital life attracted people’s attention.

　　During the long holiday, the trend of consumption recovery is prominent. According to the monitoring of the Ministry of Commerce, from October 1 to 8, the sales of key monitoring enterprises in retail and catering nationwide was about 1.6 trillion yuan, and the average daily sales increased by 4.9% compared with last year’s "Eleventh" Golden Week. Seven days before the holiday, the box office of movies was nearly 3.7 billion yuan, ranking second in the National Day box office over the years.

　　Bright data cannot be separated from multi-departmental and local policy assistance. Various localities have organized a series of activities of "Consumption Promotion Month" in depth, launched measures such as benefiting the people and making profits, and generously distributed subsidies and coupons for automobiles, home appliances, catering and other products. Beijing takes "national tide, domestic products, national wind and national rhyme" as the main line to promote consumption, Shaanxi organizes nearly 2,000 commercial and trade circulation enterprises and holds more than 60 large-scale consumption promotion activities, and Changsha "Night Star City" consumption festival has nearly 10,000 enterprises, driving sales to increase by nearly 30% year-on-year.

　　Tourists are enthusiastic about "buying in buy buy". Duty-free shopping in Hainan’s outlying islands is extremely active, attracting consumption abroad to return. Seven days before the Golden Week, the retail sales of four duty-free shops in Haikou, Sanya and Qionghai increased by 167% year-on-year, and the number of duty-free shoppers increased by 64% year-on-year.

　　Consumers buy goods at Haikou Riyue Plaza Duty Free Shop (photo taken on October 4). Xinhua News Agency reporter Pu Xiaoxu photo

　　The consumption of catering, leisure and other services is also heating up rapidly. The traffic of some old restaurants in Sichuan and online celebrity increased by 10% to 20% year-on-year. The number of food and beverage orders in Guangzhou increased by over 30% year-on-year. According to the Living Consumption Report of the 2020 "Eleventh" Long Holiday released by Meituan, the consumption at night increased in an all-round way four days before the "Eleventh" long holiday, and the consumption at night catering increased by more than 30% compared with last year’s "Eleventh" holiday.

　　Some new market trends are eye-catching:

　　— — New consumption, such as online shopping, live broadcast with goods, online ordering and customized travel, has been growing vigorously during the Golden Week. Liaoning catering retail enterprises account for more than 20% of online consumption through live offline drainage and online platform streaming. The volume of new consumer orders, such as escape from the secret room, VR games and Hanfu experience, on large-scale online platforms increased by 58% year-on-year.

　　— — The rise of "post-95" and 60-year-old consumer groups.

　　According to the latest "Alibaba 2020" Eleventh "Holiday Consumption Travel Trend Report", "post-95" has become the main force of National Day travel for the first time, accounting for 30%, ranking first.

　　In the field of digital life services, although the main user groups are young people, two age groups, one old and one young, are also emerging. According to the report of Meituan, during the "Eleventh" period, users under the age of 20 and users over the age of 60 of Meituan App grew the fastest, with the number of users over the age of 60 increasing by over 80% and users under the age of 20 increasing by 65.3%.

　　— — Digital life sinks.

　　Digital life service is infiltrating from big cities to small and medium-sized cities. The data shows that during the "Eleventh" period, the order volume of Meituan in fifth-tier cities increased the highest compared with last year, up by 29%, followed by the growth of 23% in fourth-tier cities. (Reporter Song Jia, Shu Jing, Yu Junjie, Xie Xiyao, Wei Yukun, Wang Yuxiao, Bai Ying)

Wen | The Secret Exploration of Space Qi Yanyan

These days, Vanke has a lot of news. In the field of long-term rental apartments, it is reported that Vanke will sell part of its equity in the park. As one of the head brands of long-term rental apartments in China, Boyu has announced its first breakthrough in profitability in 2023, becoming one of the few brands in the long-term rental track to achieve profitability. Will Vanke really give up Boyu?

01 Vanke sells part of the equity of Park House?

According to the news, Vanke is planning to sell part of the equity of its long-term rental apartment company Boyu, and the potential buyers involved in the negotiations include state-owned enterprises. The news was alleged to come from the English and Chinese versions of a dollar bond VNKRLE issued by Vanke, which triggered an industry shock once it broke out.

Since the beginning of 2024, it has been an eventful spring for Vanke. Before the sale of berths came out, it was also rumored in the market that Vanke was discussing the extension of non-standard debts with lending institutions, mainly insurance companies, and the 10 billion yuan debt extension negotiations with Xinhua Asset Management were rejected. Vanke did not express its position on the truth of the news, but another protagonist of the rumor, "Xinhua Asset Management", came out to blame. On the morning of March 3, Xinhua Asset Management Co., Ltd. issued a statement in its official WeChat official account, saying that it was concerned about the false information about Vanke, and had been maintaining normal business cooperation with Vanke. Even so, the market’s doubts about Vanke have not been "turned off".

This time, it is reported that the long-term rental apartment that Vanke will sell, Boyu, is one of Vanke’s high-quality projects and has therefore become the focus of attention. By the end of 2023, the parking business has been deployed in 32 cities across the country, with 236,000 managed and operated houses and about 180,000 opened. At present, in the field of centralized apartments in China, the scale and operational efficiency of parking houses rank first in the industry.

At the media exchange meeting of Vanke in October last year, Boyu once said that since June 2023, Boyu has realized a continuous return of monthly profits, and in September, it realized a return of accumulated net profit of equity. It is expected that it will achieve overall profit in 2023 and become one of the few profitable enterprises in the long-term rental apartment market. The perennial investment in the layout has made the park finally see the "dawn" of profit. From 2016, it officially cut into the long-term rental apartment track with "parking", and the whole cycle was as long as 7 years.

Not only that, Vanke also said that due to the long business cycle, slow effect and low profit, it intends to securitize apartment assets. Vanke’s long-term rental apartments, commerce, logistics and other real estate businesses are actively preparing REITs, so that the business model of the entire service business can be closed. It can be seen that in Vanke’s long-term commercial map, the apartment plate is an important part of its transformation.

Until March 5, according to Vanke’s latest statement, it did not respond positively to the rumors of selling Boyu shares. It only said that all the funds had been put in place and the debt repayment work was in an orderly arrangement.

Vanke has started the "sell sell" mode.

After Country Garden, Sunac, Evergrande and other housing enterprises, Vanke has also embarked on the road of "selling and selling". In addition to the rumors of selling berths, Vanke has sold its high-quality assets at a discount many times in the near future.

In December 2023, after six years of cooperation with the well-known hotel brand Banyan Tree Group, Vanke sold the management rights of several Banyan Tree hotels for 480 million yuan. The staff said: although the hotel business accounts for a relatively low revenue in the core business, this transaction is not an initiative to divest non-core assets, but a normal commercial transaction. The strategic direction of the company from development business to development, operation and service has not changed. For housing enterprises that are short of money, selling non-core business can further "slim down" and focus on the development of main business, but 480 million yuan is only a drop in the bucket for Vanke’s huge debt.

In January 2024, Shenzhen Yingda Investment Fund Management Co., Ltd., a wholly-owned subsidiary of Vanke, sold its 6.16% stake in Shenzhen Gaoxintou Group Co., Ltd. to Shenzhen Investment Holding Co., Ltd., with an estimated consideration of more than 1 billion yuan. The direct shareholding ratio of Shenzhen Investment Control to Shenzhen Hi-tech Investment increased from 39.65% to 45.81%. Among them, Shenzhen Investment Control is 100% owned by Shenzhen State-owned Assets Supervision and Administration Commission. At present, Shenzhen Metro Group Co., Ltd. is still the largest shareholder of Vanke, holding 27.18%, and Shenzhen Railway Group is 100% controlled by Shenzhen State-owned Assets Supervision and Administration Commission.

In February 2024, Vanke sold 50% equity of Shanghai Qibao Vanke Plaza with a valuation of 7 billion at a 30% discount, and sold it at a discount of more than 2 billion to the Hong Kong Pavilion Leading Fund. Shanghai Qibao Vanke Plaza is Vanke’s first plaza shopping center in Shanghai. This property has a high-quality and diversified merchant portfolio, and the occupancy rate has been steadily maintained at a high level of about 95%. This project is also known as "Vanke’s most profitable commercial project". According to the latest valuation report as of the end of January 2024, the property was valued at RMB 7.06 billion, and Vanke sold it at a discount of about 26.3%.

At the same time, Vanke’s "Samsung Vision" old renovation project located in the east of Lianhua Mountain in Shenzhen is also negotiating with Shenzhen state-owned assets for sale. If the old reform project of Samsung Vision is sold successfully, it will bring tens of billions of funds back to Vanke.

Now, it is reported that Vanke will sell part of its equity in Boyu. Since the end of 2023, Vanke, which has always been regarded as a top student in real estate, has also started a high-frequency "selling and selling" model, and the assets traded involve hotels, businesses, old buildings and other fields. Previously, "selling and selling" has always been regarded as a dangerous signal of tight cash flow of housing enterprises. Now a number of high-quality assets have been put on the shelves. On the one hand, we can see Vanke’s determination to "sell", on the other hand, it also shows the urgency of its current debt repayment.

03 it’s true and false to cut the "apartment" reluctantly

However, among all the asset sales, parking brings more shock to the market. The reason is that Park House has always been regarded as one of Vanke’s best assets and diversified layouts, and Park House can be described as Vanke’s "darling". After seven years of investment and lean management, it has experienced the most difficult loss stage of long-term rental apartments, and the operation mode of parking has been verified by the market. The biggest question in this market is, as one of the few profitable brands in the field of long-term rental apartments, why has Boyu reached the point where it has to be sold?

First, for debt. 2024 is called the "key year" of Vanke. In the first half of the year, domestic debts and foreign debts will be concentrated, and Vanke will usher in a wave of debt repayment peaks. In the first half of 2024, Vanke needs to pay a total of about 9 billion yuan of overseas debts. In 2024, Vanke mainly had three US dollar debts due, which was equivalent to about 11 billion yuan as a whole. According to WIND data, apart from US dollar bonds, up to now, the balance of domestic bonds of Vanke is about 64 billion yuan, and the maturity in the next 12 months is 24.08 billion yuan.

Judging from the market reaction, after the news of "selling the equity of Boyu" broke out, many bonds of Vanke showed a downward trend. Among them, "22 Vanke 06" once fell by nearly 20%, "200 Vanke 08" fell by over 35%, and "21 Vanke 02" fell by nearly 3%. On March 4, Vanke’s US dollar bonds due in 2029 also recorded the biggest decline in more than a year. The biggest decline this time was the US dollar bonds due in November 2029. With the maturity of debt and the decline of bond interest rate, the test of Vanke’s debt repayment is increasing.

Vanke also issued a statement on March 5 to respond to the rumors. All funds have been put in place for the $630 million debt due on March 11, and the debt repayment work is in an orderly arrangement.

According to Vanke’s latest financial report for the third quarter of 2023, as of the end of the third quarter, Vanke’s cash in hand was 103.68 billion yuan, covering 2.2 times of short-term debts. During the year, no overseas financing expired, and domestic outstanding credit debts were 380 million yuan. From this point of view, Vanke’s short-term debt repayment pressure does not seem to be great. However, the domestic and foreign debts due in the first half of 2024, and the value of 4.2% bonds due in 2024 fell by 7.3 cents to 77.2 cents, so Vanke’s financial situation and capital turnover in the first half of the year were really under great pressure.

Second, the sales market is cold, and it is difficult for funds to return to blood. According to the latest data, in January 2024, Vanke achieved a contracted sales area of 1.254 million square meters, with a contracted sales amount of 19.45 billion yuan, down by 25% and 32.1% respectively. In 2023, Vanke achieved a total contracted sales area of 24.66 million square meters and contracted sales amount of 376.12 billion yuan, down 6.2% and 9.8% respectively.

According to Kerui data, in the first two months of 2024, Vanke achieved full-caliber sales of 33.45 billion yuan, down 41.65% year-on-year. Housing enterprises superior to TOP100 decreased by 51.6% year-on-year, and the sales scale of Vanke still ranked second in the industry.

Although the sales performance still ranks first in the industry, the overall bleak sales market still hangs over the housing enterprises. In the final analysis, although there is a short-term recovery in the sales market, the industry is declining, and it is impossible to guarantee the long-term stable return of funds. The debt risk of enterprises is still "high and low". Nowadays, the market has reacted violently to a rumor of Vanke, not necessarily because it is not optimistic about Vanke, but because it is worried about the prospects of the real estate environment and the future housing market is still on the sidelines.

Third, the long-term "hematopoietic" ability of long-term rental apartments is unclear. In the field of long-term rental, state-owned enterprises have more innate advantages, but the survival situation of private long-term rental apartment brands is not too optimistic. Up to now, only a few long-term rental apartment brands have achieved profitability, and long-term rental apartments are therefore called low-profit industries. According to industry data, the average profit level of long-term rental apartment industry is only 2%-4%.

Vanke’s Boyu announced its profit for the first time in 2023, and announced that it will realize the return of accumulated equity net profit in September 2023, but it can be expected that the profit is limited, otherwise it will not even announce the specific amount. Although Boyu has achieved the head position in the industry, it has been established for 7 years before this. In 2020, Yu Liang, chairman of Vanke’s board of directors, also said that Vanke’s long-term rental apartments had accumulated losses of 9 billion yuan. At the same time, many state-owned enterprises are actively laying out long-term rental apartment tracks, and there are also many state-owned enterprise buyers in the market. Under such a market trend, it is also reasonable to "cut the meat" and sell part of the equity "at a good price" in exchange for funds to repay debts. However, the sale of commercial assets has always been a "game" between light and shade. It is still unclear whether it is true or not.

Will Vanke really sell berths?

In the transformation period of the real estate industry, even with strong state-owned endorsement, it may not be possible to survive. After the collapse of the former real estate giants, any details related to the real estate industry will touch the sensitive nerves of the outside world. At the moment when the post-real estate ecology is not clear, Vanke’s every move has attracted much attention from the outside world.

Although Vanke has a strong state-owned background behind it, its largest shareholder is Shenzhen Metro Group. However, in the special period of real estate transformation, real estate enterprises are not experiencing a general industry downturn at this time, but a radical change in re-establishing a new industry order. Vanke, as a head real estate enterprise, first of all, it is an inevitable guarantee for the development of the enterprise to optimize its asset structure and keep its cash flow healthy.

Will Vanke really sell berths? Space Secret also tries to make the following guess.

First, reducing debt and keeping alive does not rule out giving up the long-term rental apartment industry. In the market environment of declining real estate and poor sales, debt is a mountain in front of real estate enterprises, even real estate enterprises with state-owned background can’t go against the trend. For housing enterprises that are deeply involved in the debt crisis, no matter how high-quality assets, realizing and resolving the crisis is the first priority. Therefore, Vanke sells berths, in fact, it needs to solve the "urgent need" by selling funds. Considering that the profit model of parking apartments is not clear, Vanke still has many parking apartments that are heavy assets. It is not excluded to take this opportunity to completely eliminate the heavy assets of long-term rental apartments, or even directly abandon the brand of parking apartments that are light assets.

However, it must be said that if this step is reached, the "blow" to Vanke is also very great, because the long-term rental apartment brand is an important territory of diversified industries cultivated by Vanke for many years, and it is also closely related to the main real estate industry. Perhaps the next few years will be the best time to harvest, because it is a pity to give up the temporary "lack of money" completely.

Second, renting apartments for a long time is only a "plan to slow down the troops", so it is less likely to sell the apartments completely. However, in today’s long-term rental market, compared with the commercial housing market, it is obviously a "sunrise industry". Despite the strong expansion of rental housing, the living space of market-oriented long-term rental brands has been increasingly compressed, and many long-term rental apartments have not got rid of the profit problem. However, relying on the long-term rental apartment industry to issue REITs is regarded as a "life-saving straw" in the future and an important new mode of capital financing. According to the observation of Space Secret, although the REITs market for renting houses is still dominated by state-owned enterprises, the long-term rental apartment enterprises with healthy heads will certainly get more financial opportunities in the future. As the most important card in Vanke’s capital market, the long-term rental apartment may have more significance than the industrial profit itself. Therefore, Vanke may achieve strong cooperation by selling part of its equity, killing two birds with one stone, but the possibility of completely selling the berth is still small.

In addition, Vanke also has the long-term accumulated credit value of its brand in the industry. Previously, the Shenzhen State-owned Assets Supervision and Administration Commission and the major shareholder, Shenzhen Metro, made a high-profile platform, and they both promised to undertake projects when necessary to improve Vanke’s liquidity. The State-owned Assets Supervision and Administration Commission of Shenzhen said: We have full confidence, sufficient financial resources and tools to help Vanke actively respond through all possible means of marketization and rule of law. Shenzhen Metro, the major shareholder of Vanke, also said that Shenzhen Metro will stand firmly with Vanke and has prepared a rich "toolbox" to support it. Specifically, it includes: undertaking some urban renewal projects of Vanke in Shenzhen in a market-oriented and rule-of-law manner, helping Vanke to revitalize its bulk assets and inject new liquidity into Vanke. The transaction amount is expected to exceed 10 billion yuan; At the same time, we will actively prepare and buy bonds issued by Vanke in the open market to boost market confidence.

In other words, Vanke’s current debt crisis is only a temporary difficulty in crossing the industry cycle. Some people in the industry joked that Vanke is like a rich man. Because of business involvement, there is not much cash at home, and suddenly it is found that there are many foreign debts, and I don’t know how to pay them back at the moment. But a rich man is a rich man, and whatever part of his home’s real estate, fields and works of art can actually be realized. The most important thing is that Vanke has many friends who all recognize Vanke’s brand value, which is the so-called "Jianghu reputation".

Therefore, Vanke’s difficulties may be temporary. I sincerely hope that Vanke, the first Vanke to shout "live", can survive the temporary difficulties and solve the problem with a lot of effort. Of course, I also hope that Vanke will cultivate a better future in the long-term rental apartment sector.

CCTV News:On December 20th, the first inter-provincial special customs supervision area in China — — Beijing Daxing International Airport Comprehensive Bonded Zone (Phase I) officially passed the acceptance inspection, which indicates that Daxing Airport Comprehensive Bonded Zone (Phase I) has entered a new stage of customs clearance operation.

Daxing Airport Comprehensive Insurance Zone was approved by the State Council on November 5, 2020, with a planned area of 4.35 square kilometers, which spans Beijing and Hebei, and will be the first in the country to create an integrated customs clearance mode of "one system, one cargo handling, one inspection and one departure".

Liu Zhigang, Chairman of Platform Company of Daxing Airport Comprehensive Insurance Zone:Promoting the integrated development of comprehensive insurance zones and air ports has greatly shortened the overall customs clearance time for enterprises’ import and export goods, and systematically improved the operational service and customs clearance efficiency of comprehensive insurance zones.

Comprehensive Bonded Zone is an important platform of open economy, which plays an important role in developing foreign trade, attracting foreign investment and promoting industrial transformation and upgrading. Daxing Airport Comprehensive Insurance Zone is located in the global resource allocation center in Northeast Asia, focusing on the development of international trade and supply chain management, aviation industry, medical health, next-generation information technology, emerging industrial services and other industries.

CCTV News:Wheat harvest was in full swing in the north, and summer sowing in the south was also at that time. Since June, thousands of acres of terraces in Shijing Village, Zhangzhou City, Fujian Province have ushered in the rice transplanting season. Viewed from the air, the newly ploughed terraces have distinct layers, just like fingerprints embedded in the earth, which are beautiful. Plowing fields, dissolving fields, separating seedlings and transplanting seedlings, with the cooperation of villagers, rows of lush seedlings are neatly arranged in the fields.

In recent years, relying on terrace resources, the local area has developed single-season rice planting, at the same time, it has created rural leisure agriculture sightseeing tourism, developed multi-industry integration mode, and driven villagers to become rich.

abstract

Ministry of Commerce: It is promoting the introduction of guiding opinions to promote the high-quality development of the catering industry.

Development and Reform Commission and Energy Bureau: Strengthen the power system stability under the new situation.

Relevant policies of Hangzhou Municipality on adjusting and optimizing housing provident fund credit.

Lei Jun: Xiaomi Automobile is progressing very smoothly and will be officially listed in the first half of next year.

AITO Auto clarified that "Huawei will fully take over the cross-border sales system" is false news.

Shenzhen: Increase the support for employees of families with many children to withdraw the rental provident fund.

Rong Ke Science and Technology: It is rumored that the company is a "Kunpeng" concept stock, which is suspected of market speculation.

The three major US stock indexes fell across the board, with the Nasdaq down 2.43%.

Guoxuan Hi-Tech plans to invest in the United States to build a battery material project with a total investment of over 2.3 billion US dollars.

Ant Financial has been approved to increase its capital to 23 billion yuan, with 13 shareholders.

Overnight outer disk

The three major US stock indexes fell across the board. At the close, the S&P 500 index fell 1.43% to 4,186.77 points. The Dow fell 0.32% to 33,035.93 points; The Nasdaq fell 2.43% to 12,821.22 points. Most large technology stocks fell, with Apple down 1.35%, Amazon down 5.58%, Netflix down 0.6%, Facebook down 4.17%, Microsoft up 3.07% and Google down 9.51%.

Europe’s three major indexes rose across the board. At the close, Britain’s FTSE 100 index rose 0.33%, France’s CAC40 index rose 0.31%, and Germany’s DAX30 index rose 0.08%.

Hot spot focusing

1. Ministry of Commerce: It is promoting the introduction of guiding opinions to promote the high-quality development of the catering industry.

Zhu Guangyao, head of the Department of Service Trade and Business Services of the Ministry of Commerce, said at the press conference today that the Ministry of Commerce is promoting the introduction of guiding opinions to promote the high-quality development of the catering industry, and will accelerate the high-quality development of the catering industry from the aspects of improving service quality, innovating consumption scenarios, cultivating development momentum, promoting catering culture, and promoting green and safe development. One of the important contents is to better serve the elderly.

2. Development and Reform Commission and Energy Bureau: Strengthen the power system stability under the new situation.

The National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) issued guiding opinions on strengthening the stability of power system under the new situation. The opinions mentioned that the reliable power generation capacity should meet the needs of power and electricity balance and leave a reasonable margin, so as to provide the system with sufficient peak shaving, frequency modulation, voltage regulation and damping support; Scientifically determine the voltage level of power supply connected to the power grid to realize effective support for power grids at all levels; Construct a multi-element and complementary comprehensive energy supply system. Enhance the support ability of conventional power supply regulation. All newly-built coal-fired power units have realized flexible manufacturing, and the flexible transformation of active power units should be completely changed, supporting the transformation of retired thermal power units into emergency standby and phase modulation functions, and continuously improving the network-related performance of units; Actively promote the expansion of hydropower units in major river basins, the adjustment of cascade planning in river basins, etc., carry out the transformation and capacity expansion of hydropower units in accordance with laws and regulations, and configure the phase modulation function as needed for new hydropower units; Actively, safely and orderly develop nuclear power and strengthen the construction of self-power supply capacity of nuclear power bases; Appropriate layout of peak shaving gas and electricity under the premise of implementing gas source; Steady development of biomass power generation.

3, Hangzhou city to adjust and optimize the housing provident fund credit policies.

"Hangzhou Provident Fund Released" WeChat WeChat official account News, Hangzhou adjusted and optimized the relevant policies of housing provident fund credit. First, if there is no housing under the name of the employee’s family and there is no record of housing provident fund loans, the first suite policy will be implemented. Two, workers have a family name housing, or a housing provident fund loan records and the corresponding loans have been settled, the implementation of the second suite policy. Three, workers have two or more houses under the family name, or have two housing provident fund loan records, or outstanding housing provident fund loans, shall not apply for housing provident fund loans. 4. If the employee’s family purchases a house within the scope of housing purchase restriction and implements the first suite policy, the down payment ratio shall not be less than 25%; If the second suite policy is implemented, the down payment ratio shall not be less than 35%. 5. If the employee’s family purchases a house within the scope of non-housing purchase restriction and implements the first suite policy, the down payment ratio shall not be less than 20%; If the second suite policy is implemented, the down payment ratio shall not be less than 30%.

4. Lei Jun: Xiaomi Automobile is progressing very smoothly and will be officially listed in the first half of next year.

According to Weibo, chairman and CEO of Xiaomi, Xiaomi Automobile is progressing very smoothly and will be officially listed in the first half of next year. Xiaomi 14 series will be the first stable version of Xiaomi 澎湃 OS.

5. AITO Auto: Huawei will take over the global sales system as false news.

AITO Automobile issued a clarification statement in the evening, saying that Wenjie Automobile has been loved and recognized by consumers since its listing. In order to provide consumers with a better sales and service experience, Huawei will further increase the construction of direct-operated stores. The report that Huawei will fully take over the cross-border sales system is false news.

6. Shenzhen: Increase support for the withdrawal of housing provident fund for employees with many children.

The Shenzhen Housing and Construction Bureau issued the Notice of the Shenzhen Housing Provident Fund Management Committee on Relevant Matters Concerning the Rental Withdrawal of the Municipal Housing Provident Fund. The notice pointed out that employees and their family members do not own commercial housing, policy housing and affordable housing in this city, and employees who handle the rental withdrawal business can withdraw according to the maximum amount that should be paid in the month of application. For families with two or more children and at least one minor child, employees themselves and their family members do not own commercial housing, policy housing and affordable housing in this city, and if they apply for the rental extraction business, they shall file the rental contract with the municipal housing authority, and after providing the rental contract and rental invoice, they can extract it according to the actual monthly rent, which is not limited by the monthly payment amount. Employees who rent public rental housing in this city can apply for rental extraction business, which can be extracted according to the actual monthly rent, and are not limited by the monthly deposit amount. The notice shall come into force on November 1, 2023 and be valid for one year.

7. There are 13 approved shareholders whose capital is increased to 23 billion yuan by Ant Financial.

On October 25th, it was approved by Chongqing Supervision Bureau of the State Financial Supervision and Administration Bureau to increase the registered capital of Chongqing Ant Consumer Finance Co., Ltd. (hereinafter referred to as Ant Financial) from 18.5 billion yuan to 23 billion yuan. After increasing the registered capital and adjusting the ownership structure this time, there are 13 ant shareholders.

Theme opportunity

1. The two departments issued a document to promote the construction of pumped storage, and the installed capacity of pumped storage is expected to increase steadily.

On October 25th, the National Development and Reform Commission and the National Energy Administration issued guidance on strengthening the power system stability under the new situation. It is mentioned that, according to the demand of power system, we should coordinate the construction of all kinds of regulation resources, promote the scientific allocation of all kinds of energy storage according to local conditions, form the power regulation and stability control ability of multi-time scale and multi-application scenarios, improve the output characteristics of new energy, optimize the load curve, and support a high proportion of new energy delivery. Build pumped storage in an orderly manner, promote the construction of qualified pumped storage power stations in an orderly manner, explore the technical application of changing conventional hydropower into pumped storage power stations and hybrid pumped storage power stations, and the newly built pumped storage units should have the function of phase modulation.

Pumped storage power station has many functions, such as peak regulation, valley filling and energy storage. It is an important support for building a new energy system and realizing the goal of "double carbon" with flexible start and stop, fast response and strong peak regulation ability. With the development progress of conventional hydropower gradually slowing down, in order to meet the needs of new power system construction and large-scale and high-proportion new energy development, the National Energy Administration issued the Medium-and Long-term Development Plan for Pumped Storage (2021-2035), which proposed that by 2025 and 2030, the installed capacity of pumped storage in China will reach 62/120GW respectively. By the end of 2022, the installed capacity of pumped storage in China has reached 167 million kilowatts, of which 45.79 million kilowatts have been built, accounting for 26.2% of the installed capacity of pumped storage in the world, ranking first in the world. With the rapid expansion of new energy, the installed capacity of pumped storage is expected to rise steadily, benefiting industrial chain companies. Related companies include Zhongyuan Co., Ltd. and Gan Consulting.

2. China promotes the development of high-power power devices and the power semiconductor industry is improving.

The National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) recently issued guidance on strengthening the stability of power system under the new situation, and proposed to develop electrical equipment to improve the stability of power system, such as large-capacity circuit breakers, high-power and high-performance power electronic devices, active support of new energy, and large-capacity flexible DC transmission. Promote the development of new energy storage technology to high safety, high efficiency and active support; Improve the self-control level of power industrial control chips, basic software, key materials and components. Puyin International said that the fundamental cycle of power semiconductors is close to the bottom, and the demand for new energy applications such as wind, light and vehicle storage provides a long-term market scale doubling space. Looking into the future, the growth rate of revenue side of China power semiconductor industry has bottomed out, and it is expected to continue to improve in the second half of this year, while the profit side is expected to stabilize and form the bottom in the third and fourth quarters of this year. Related companies include Xinjieneng and Tianyue Advanced.

3. Open source HarmonyOS PC-side operating system welcomes important progress. Core ecological chain companies are concerned.

According to media reports, the Orange Pi OS(OH) customized by Shenzhen Xunlong Software Co., Ltd. based on OpenHarmony will be released soon, which means that Xunlong software generals will take the lead in launching PC-side open source HarmonyOS system before Huawei and Shenkaihong. At present, Orange Pi OS (OH) mainly adapts to PCs supporting ARM architecture. Xunlong Software has set up a team focusing on the R&D and commercialization of open source HarmonyOS, and the next step is to adapt to PCs with X86 architecture.

HarmonyOS system is a highly decentralized operating system that spans multiple operating systems, devices and scenarios, and it can run seamlessly in different scenarios. On this basis, an enterprise data center management system based on cloud computing technology is designed and developed by combining cloud computing, big data processing and other technologies. Another striking feature of HarmonyOS system is cross-terminal migration. Various devices in the family, such as computers, mobile phones, televisions and watches, can run the same HarmonyOS system, thus realizing seamless information transmission and sharing.

By August 2023, the number of HarmonyOS Eco-devices has exceeded 700 million, and 2.2 million Harmony OS developers have invested in the development of the HarmonyOS world. With the breakthrough of related technologies, HarmonyOS is expected to build 100% home-made computers, including CPU, memory, hard disk, operating system and software. Related companies include Changshan Beiming and Tuowei Information.

Company news

1. Rong Ke Science and Technology: It is rumored that the company is suspected of market speculation for the "Kunpeng" concept stock.

Rong Ke Science and Technology (300290) announced the change on the evening of October 25. Recently, the company paid attention to the false information about the company rumored in the market, saying that the company and "Hyperfusion" had the expectation of asset injection, which was inconsistent with the facts; At the same time, calling the company a "Kunpeng" concept stock is suspected of market speculation.

2. Yuancheng Shares: No business cooperation or contact with Changjiang Storage.

Yuancheng Co., Ltd. (603388) issued a warning announcement on the risk of stock trading on the evening of October 25th, saying that recently, the company was concerned about the news that the company was involved in "accepting industrial chain research, and the company recently won an order of 100 million yuan for storage in the Yangtze River". Now, the relevant situation is as follows: Up to now, the company and its subsidiary Simi Electronics have not accepted industrial chain research activities, and have not had any business cooperation or contact with Changjiang Storage Technology Co., Ltd. According to the semi-annual data in 2023, the contribution of the company’s main business income has not changed significantly. The business income of Silimi Electronics accounts for 4.63% of the company’s total revenue, and the business accounts for a relatively small proportion, which has limited impact on the company’s performance.

3. Guanghong Technology: The net profit in the third quarter of 2023 increased by 87% year-on-year.

Guanghong Technology (300735) released its third quarterly report on the evening of October 25th, with revenue of 3.454 billion yuan in the first three quarters, up by 14.36% year-on-year; The net profit was 238 million yuan, up 18.74% year-on-year; The basic earnings per share is 0.3106 yuan. Among them, the net profit in the third quarter was 112 million yuan, an increase of 87.17%. The company said that with the growth of orders, the company’s current capacity utilization rate has been at a high level. Since the third quarter, the company is actively purchasing equipment and recruiting employees to meet the increasing demand for orders in the future.

4. TCL Central: It is planned to buy back shares of RMB 500 million to RMB 1 billion.

On the evening of October 25th, TCL Zhonghuan (002129) announced that it planned to buy back 500-100 million yuan of shares at a price not exceeding 34.15 yuan/share (inclusive). The repurchased shares will be used for equity incentive or employee stock ownership plan at an appropriate time in the future. In addition, the company achieved a net profit attributable to shareholders of listed companies of 1.652 billion yuan in the third quarter, down 20.72% year-on-year (after adjustment).

5. Geer Software: The chairman proposed to buy back the shares of the company from 15 million yuan to 30 million yuan.

Geer Software (603232) announced on the evening of October 25th that Yang Wenshan, the chairman of the company, proposed that the company buy back the shares of the company at a price of 15-30 million yuan, and the repurchased shares are intended to be used for employee stock ownership plans or equity incentives.

6. Tenglong shares: received the designated project of a domestic independent brand OEM.

Tenglong Co., Ltd. (603158) announced on the evening of October 25th that the company recently received a fixed-point notification letter from a domestic independent brand main engine factory, and the company became a supplier of thermal management air conditioning side integrated module for its new project. According to the customer’s plan, the project is expected to start mass production in March 2025, with a total life cycle of about 599 million yuan and a life cycle of about 5 years.

7. Xinjin Power: The holding subsidiary received the bid-winning notice of the zero hydrocarbon ammonia project.

Xinjin Power (300157) announced on the evening of October 25th that its holding subsidiary, Xinjin Chemical Machinery, recently received the bid-winning notice from Yuanjing Zero Carbon Technology (Chifeng) Co., Ltd., and determined Xinjin Chemical Machinery as the winning bidder for the P1 phase of Yuanjing Zero Carbon 1.52 million tons/year zero hydrocarbon ammonia project (Phase I).

8. Jianglong Boat: The subsidiary signed a sales contract of 251 million yuan.

On the evening of October 25th, Jianglong Boat (300589) announced that on October 25th, 2023, its subsidiary Aolong Boat Technology Co., Ltd. and Zhuhai Jiuzhou Marine Industry Investment Holding Co., Ltd. signed the "Jiuzhou No.1" Construction Contract for Zhuhai Jiuzhou Shenyuanhai Aquaculture Boat, with a contract amount of 251 million yuan, accounting for 36.85% of the company’s audited operating income in 2022. In addition, the company won the bid for the Law Enforcement Boat Construction 2022 project of Zhejiang Ocean and Fisheries Law Enforcement Corps (600-ton fishery boat project), with the winning bid amount of 77.66 million yuan, accounting for 11.41% of the company’s audited operating income in 2022.

9. Guanghua Technology: Sun Company plans to set up a joint venture company Guangzhou to build a battery comprehensive service demonstration base.

Guanghua Technology (002741) announced on the evening of October 25th that Sandian Technology, a wholly-owned Sun Company, and Guangzhou Public Transport Group New Energy Development Co., Ltd. planned to jointly establish a joint venture company, Guangzhou Core Power Technology Co., Ltd., and Sandian Technology invested 8.575 million yuan, accounting for 49%. The joint venture company will build the first "battery comprehensive service demonstration base" in Guangzhou.

10. Guoxuan Hi-Tech: The total investment of the battery material project to be invested in the United States exceeds 2.3 billion US dollars.

Guoxuan Hi-Tech (002074) announced on the evening of October 25th that it planned to build a battery material project in Michigan, USA, and entrusted Guoxuan, a wholly-owned subsidiary of the company, to sign relevant agreements with the Michigan government and other third-party partners, with a total planned investment of US$ 2.364 billion. This project aims to realize the local independent supply of core raw materials for new energy power and energy storage batteries in North America.

Editor: Zhang Qian

Proofreading: Liao Shengchao

1905 movie network news Recently, the film started the fourth round of advance screening, and many parent-child families celebrated the New Year together in the cinema to enjoy this adventure story about courage, justice and friendship in advance. At the movie-watching scene, the funny and hilarious plot made the children laugh constantly and won numerous praises.

The popularity of the national screening has warmed up. The Animal Secret Service has been included in the list of "must-see for winter vacation"

So far, the Animal Secret Service has been opened one after another.More than a thousand national advanced screening, word of mouth continues to heat up. Many highlights of the film, such as the ups and downs of adventure plot, interesting animals with full brains, and the natural attributes of entertaining and entertaining, are quite in line with the holiday atmosphere and are listed as a must-see choice for many parent-child audiences during the winter vacation.

The most reversed plot in the movie is the villain that runs through the whole movie.At the moment when the identity of "Ice Devil" was exposed, simple and lovely children were moved by this scene and understood the environmental protection core of the film "Pay attention to the ecological environment of the earth and protect animal diversity".

After the screening, even children’s brains were wide open, saying that the global temperature was rising, and polar bears almost had no place to live. I hope that ice launchers can be used to prevent icebergs from melting and protect them. Parents have been sprouted by children’s "children’s talk", indicating that movies not only make children grow up happily in adventure, but also convey the environmental protection concept of protecting species diversity. This subtle value implantation is a clever way of entertaining and entertaining.

The brand-new "cat and mouse partner" strength circle powder cute baby enters the world of exotic animals

The "cat-and-mouse partnership" in Animal Secret Service broke through the inherent hostile image and turned into a pair of cat-and-mouse brothers who put aside prejudice and saw the truth in adversity."spy cat"Zhang Dawei and"A Qiu", the hacker mouse, was involved in a shocking conspiracy while performing his task.

This pair of cat and mouse partners in the halfway combination have different personalities. Zhang Dawei is brave, witty, cold and arrogant; A Qiu often makes a fool of himself, but he is a master hacker. He can always help Zhang Dawei at the critical moment. In the battle against the ultimate BOSS "Ice Devil", A Qiu even risked his life to stand in front of Zhang Dawei. This highlight moment of cat-and-mouse friendship touched many audiences.

There are also many anthropomorphic animal characters in the film that are full of whimsy and funny, such as the salty and sweet rabbit woman, the eye-catching four-eyed spider, and the powerful bee baby … more than 40 species and more than 90 animal characters, which can be called cartoon movies.The largest number of animals in history.

In addition, the CG animation of Animal Secret Service is even more eye-catching. Every hair of Zhang Dawei is clearly visible, and even extinct animals such as peas and mammoths are vividly restored to the big screen. Parents have said that this film provides a new way of education. Compared with the past, children can only be taken to zoos and museums to learn about animals, and it is also a good choice to accompany children into the cinema to gain growth.

　　Xinhua News Agency, Shenzhen, September 8th (Reporter Simomo, Mao Siqian, Bai Yu) … … From the evening of the 7th to the morning of the 8th, there was an extremely heavy rainstorm in Shenzhen, and the whole city mobilized urgently to carry out rescue work to ensure the safety of citizens’ lives and property to the maximum extent and reduce losses.

　　Many roads have accumulated water, cars have been soaked in water, and floods have flooded into the community … … In the face of the disaster, many districts in Shenzhen started the first-level response mechanism for flood control at the first time, set up on-site headquarters, and organized emergency departments, water affairs, housing construction, urban management, public security, fire protection and other departments and streets in the districts to fully carry out rescue work.

　　On September 7, the fire rescue personnel of Shenzhen Fire Rescue Detachment helped the citizens to move in the area with serious water accumulation in Yulong Road, Longgang District, Shenzhen. Xinhua News Agency (photo by Wei Weijia)

　　In the rainstorm on the evening of the 7th, there were flash floods and mudslides on the Panshan Highway in Wutong Mountain, the highest peak in Shenzhen, and 11 people were trapped on the mountainside. The 13th Squadron of the Second Detachment of the Guangdong Armed Police Corps climbed over the mountains, broke the roadblocks at the landslide and successfully transferred them to a safe place. At about 4 am on the 8th, 22 people were trapped in Binhe New Village, Futian District, including 10 blind people. The water search and rescue team of Shenzhen Public Welfare Rescue Team immediately dispatched after receiving help and successfully rescued all the trapped people.

　　On the evening of the 7th, Dong Shuang, a firefighter from Luohu Fire Rescue Station of Luohu District Fire Rescue Brigade, who was originally on vacation, received a notice from the team that all the people in Shenzhen returned to the team urgently due to the rainstorm. He and his teammates rushed to Xindu Hotel in Nanhu Street of Luohu District that night to rescue two staff members trapped in the warehouse on the first floor.

　　"If the mobile phone can’t contact the two people, we will locate their position by tapping the ground. First, we will dig a small hole to understand their state, send them relief supplies, and make spiritual appeasement, and then slowly expand the hole to save them." Dong Shuang introduced that two trapped people were successfully rescued at about 5: 40 am on the 8 th.

　　According to the data, from 18: 00 on September 7th to 6: 00 on September 8th, Shenzhen Firefighters dispatched 3,927 firefighters, 721 fire rescue vehicles and 80 boats to rescue more than 500 people trapped, and transferred more than 1,300 people. At the same time, Shenzhen Public Welfare Rescue Team, Blue Sky Rescue Team and other major rescue forces successively went to the front line to rescue the trapped people.

　　According to the report of Shenzhen Meteorological Observatory, this torrential rain has the characteristics of "super intensity, long duration and wide range of heavy rainfall". As of 15: 00 on the 8 th, it broke seven historical extremes since Shenzhen had meteorological records in 1952.

　　Due to continuous rainfall, the water level of Shenzhen reservoir is close to the flood limit level, and flood discharge began at 0: 15 on the 8 th, with a flow rate of 70-80 cubic meters per second; At 3: 15, the flood discharge was adjusted to 120 cubic meters per second.

　　In addition, various departments in Shenzhen mobilized all kinds of resources to fully carry out emergency rescue. District civil affairs departments, street offices, community work agencies, rescue management agencies and charity supermarkets can help provide physical assistance such as clothing, food and drinking water; Citizens who can’t return to their homes due to heavy rain can go to the rescue management agencies at all levels in the city, and the rescue management agencies will provide temporary accommodation and provide food and life care. The relevant person in charge of the Shenzhen Civil Affairs Bureau said that citizens can apply for temporary assistance to the sub-district office within three months from the date of difficulties.

　　On September 8, people traveled in the rainstorm. Xinhua News Agency reporter Liang Xushe

　　In addition to government departments, many enterprises and people also consciously carry out support work. In order to ensure the delivery safety of takeaway riders, the takeaway platform quickly launched a special weather response plan, and took measures such as overtime exemption, extending the delivery time and narrowing the delivery scope.

　　In the storm, many parties have joined forces and actively participated in personnel search and rescue, inspection and inspection, and distribution of living materials.

　　On March 20th, the power plant was informed that, SU7 is scheduled to be officially listed on March 28th. However, in the last month, preparations for vehicle sales are in full swing. In addition to speeding up the establishment of stores, the power plant learned from Xiaomi’s partners, supply chain and employees that Xiaomi opened the test drive of SU7 within the company and distributed a questionnaire survey to employees to understand their potential willingness to buy cars.

　　At the same time, Xiaomi also sent invitations to buy cars to supply chains, channel partners, eco-chain companies and invested companies with Xiaomi. The top management of these companies received the F code from Xiaomi, which is a purchase invitation code used when Xiaomi’s mobile phone products are selling well. Using F code to buy a car can guarantee priority delivery, but there is no corresponding discount for car buyers to use F code, that is to say, even if it is an internal purchase method, SU7 will not provide discount.

　　Three employees of Xiaomi Company and more than two people from supply chain and ecological chain companies confirmed the above news to the power plant. They stressed that these test drive, research and issuance of invitation codes are not mandatory purchase requirements, but still follow the voluntary principle. One of the eco-chain executives said that based on the cooperation with Xiaomi, he planned to buy a SU7.

　　"Xiaomi employees can register information on the intranet, and then there will be corresponding people to contact the test drive. The contents of the questionnaire also include the status of family vehicles, whether they have the qualification to buy a car, driving experience and so on." According to three Xiaomi employees, Xiaomi has been holding a test drive for employees in the last two weeks, but this is not a mandatory requirement. If there is a car at home but there is no registration information, a test drive will not be arranged. Even after the test drive, Xiaomi employees were not informed of the price information.

　　A person from the supply chain and another person from Xiaomi Eco-chain said that they recently received the F code from Xiaomi-this purchase invitation code was widely used in the early days of Xiaomi mobile phone snapping, and the F code means the priority to buy. With the purchase invitation code of Xiaomi automobile SU7, priority can be given to delivery. At present, the scale of Xiaomi’s distribution of F code is not known, but a person from Xiaomi’s ecological chain enterprise said that "the top leader can get at least one F code, or he can ask Xiaomi for more."

　　At present, the power plant cannot determine the number of F codes issued by Xiaomi Automobile. Xiaomi once disclosed in an ESG report that by the end of 2022, Xiaomi had more than 1,000 suppliers. The number of eco-chain enterprises disclosed in Xiaomi Financial Report is about 400. At the same time, including companies invested by Xiaomi, there are more than 900 invested companies with capital relations with Xiaomi (data disclosed in 2021). One of the eco-chain company executives who got the F code is optimistic that Xiaomi’s circle of friends and employees’ in-house purchase are expected to bring at least 2000 vehicles.

　　After the large-scale delivery, the areas around Qinghe and Yizhuang in Beijing may become the most densely exposed areas of Xiaomi SU7.

　　On March 19th, at the performance meeting of Xiaomi Group, President Lu Weibing claimed that SU7 was a C-class high-performance eco-technology car with excellent performance, configuration and experience, so the pricing would be a bit expensive. Looking forward to the launch of the car, Xiaomi’s phased goal is to enter pure electricity.The top three sales of cars. He also disclosed some data and published an appointment tasting in Lei Jun.After that, the number of people who made an appointment to go to the store for a test drive increased by more than 100 thousand in one day, and some of them made an appointment in a single store for more than 10 thousand.