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:The restored dinosaur is still a skeleton. If we can add muscle and skin to it, and match it with the plants and landscapes of that year, I believe our dinosaur will be more easily remembered by everyone, which is inseparable from a group of the most romantic people in the laboratory. Today’s Discovery Dinosaur Lab will show you how the scientific painter restored these lost friends for us.

　　Reporter:A popular science book and a dinosaur picture book are probably the places where many people first got to know dinosaurs, but have you ever wondered how a dinosaur skeleton like this finally presented such a lively and interesting science cartoon or such a portrait in front of your eyes? This is the question that we are going to take you to find the answer today.

　　Respect for science is the key to painting dinosaurs. Before writing, the painter should fully communicate with the researchers, be familiar with the characteristics of this dinosaur, and take photos of fossils or fossil models and import them into the computer as the basis of the draft.

　　How to restore the flesh and blood of dinosaurs with accurate bone proportions? This depends on the artist’s years of human sketching skills. Because this step needs to refer to the relationship between human muscles and bones to restore the muscle trend of dinosaurs.

　　Of course, in scientific painting, painters are not always so bound. When it comes to coloring dinosaurs, painters can be bold. Since science can’t determine the color of dinosaurs, why not give it to art?

　　In order to keep his imagination within a reasonable range, the painter should refer to living reptiles, such as lizards and crocodiles, their skin texture, texture, movements and so on. Let the flying imagination always have a scientific line to pull.

　　Ren Minghui, a scientific and artistic painter of vertebrate paleontology Institute of Paleoanthropology, Chinese Academy of Sciences:I think it is a bridge and a connection. In this field of scientific painting, what we have to do is to make this piece popular, that is, to let everyone understand it, not to say that this thing can only be understood by researchers.

　　"Tashildler!"

　　"Tashildler!"

　　Such greetings every day are as indispensable as three meals a day. From the morning when she received a bowl of hot Tibetan noodles in the teahouse, the clear and shy eyes of Pum (the girl) were filled with "Tashildler", and the sunset in the evening filled the Potala Palace, and the golden air was filled with "Tashildler". The beauty of Xizang contains the common aspiration of all mankind, just as this sentence "Tashildler" sincerely conveys the most sincere blessing to the world.

　　Standing on the land of Xizang, it’s beautiful without speaking, always moved by inexplicable feelings, always filled with tears, always trying to turn all this beauty into a "Tashildler" and gently send it to your ear. Who can be transformed into hundreds of billions? A plum blossom in a tree blooms. The theme of the 4th Xizang Network Video Festival in 2023 is "Tashildler". You are invited to externalize the inner beauty of Xizang with cameras, brushwork and music, and present the beauty of Xizang in your eyes, the wind of Xizang in your ears and "Tashildler" in your heart … … Give us all your original works, whether they are pictures, short videos, cartoons, online songs and micro-movies. There are great prizes in your arms, great exhibitions, big coffee reviews and fans’ indulgence. We will create a different platform for you to show, communicate and keep.

　　Tashildler!

　　 　Attached:

　　Announcement on the Collection of Works of the 4th Xizang Network Video Festival "Tashildler"

　　I. Organizational structure

　　Guiding units: Network Communication Bureau of Central Network Information Office and Propaganda Department of Xizang Autonomous Region Party Committee.

　　Organizer: Network Information Office of Xizang Autonomous Region Party Committee

　　Co-organizers: Xizang Autonomous Region Cultural Department, Xizang Daily, Xizang Autonomous Region Federation of Literary and Art Circles, District Radio and Television Bureau, Xizang Radio and Television Station, and Network Offices of local (municipal) committees.

　　Supporting units: State Grid Xizang Electric Power Co., Ltd., Xizang Autonomous Region Branch of China Construction Bank Co., Ltd. and Xizang Autonomous Region Branch of China Industrial and Commercial Bank Co., Ltd.

　　Executing unit: Xinhuanet Co., Ltd., Xizang Center of Xinhua News Agency, vision china.

　　Cooperatives: Xizang Autonomous Region Photographers Association, Musicians Association, Internet Association, Animation Association.

　　Cooperative media: People’s Daily, Xinhuanet, China Economic Net, Tibet, China Net, Yangguang Net, China News Net, Sohu Net, Tencent Net, Phoenix Net, Sina Net, Xizang Daily, Xizang Radio and Television Station, Everest Cloud, Tibet, China News Net, Voice of Tibet, China Net, Quick Search Tibet Net, Xizang Headline Net, etc.

　　Second, the evaluation method: netizens voted in the sea election+experts offline evaluation.

　　The organizing Committee organized professional photo editors to screen the submitted works; Synchronize the voting links of netizens to generate the best popularity award; An expert review committee composed of the Institute of Art Anthropology of the Chinese Academy of Art, Beijing Film Academy, China Photographers Association, Tsinghua University School of Journalism and Communication, Communication University of China, Pingyao International Photography Festival, photographers signed by VU Photo Agency of France, and Xizang Photographers Association conducted review, political review and final review.

　　Third, the collection object

　　Photographers, creators, art lovers and netizens all over the world.

　　Fourth, the collection content

　　(1) Ordinary alleys: A certain day, a certain person, a certain event, a certain food, ordinary alleys and streets are all the sources of your creation, and they are all stories we want to collect;

　　(2) The New Classic of Mountains and Seas: Tired of visitors at the end of the world, returning home in the mountains, looking at the heart of the homeland. It’s the summer vacation, and many students return home, pick up your mobile phone and camera, record your relatives, land, cattle, sheep and pasture in your hometown, and send "Tashildler" to compose a "New Mountain and Sea Classic";

　　(3) Polar Elves: The polar regions of the world are magnificent and spectacular. Tibetan antelopes and wild yaks run wildly; Rhododendrons and peach blossoms are in full bloom, and these polar elves give the world a smart light. Encounter them, record them, show them, and humans and elves go on a romantic journey of "Tashildler";

　　(4) Plateau Mother: My father gave birth to me and my mother bowed to me. The plateau mother, the "beauty among beauties", is strong, brave, warm and powerful, with affectionate eyes and hard-working hands, making far-reaching plans for the plateau children and seeking the future. Praise the plateau mother and softly say "Tashildler"!

　　V. Requirements of the work

　　1. The submitted works must be original, and the author has not participated in the evaluation of award-winning original works on any platform. Keep the RAW file after submission, so as to check the originality of the work after winning the prize.

　　2. Attach the title and description of the work with the work, indicating the shooting time, place, shooting content and subject.

　　3. Pictures: must be high-definition pictures, black and white, color is not limited; Pixel is not less than 800 w; The format of the work is JPG and PNG, and the volume of the photo file is not less than 2m; Including group pictures, moving pictures, etc., the number of pictures in group pictures should be between 4 and 12. Computer software (such as Photoshop, lightroom, etc.) is forbidden to process pictures. Participants can post-process the pictures APPropriately in the editing background of mobile phones or in the image processing app in mobile phones, such as brightness, contrast, white balance and saturation, but they are not allowed to change the original content of the works by using technologies such as composition, and must keep complete EXIF information. For the pictures that can’t provide the original picture information, they are regarded as invalid works.

　　4. Short video: it must be controlled within 5 minutes; Short video works with dialogue or dubbing must have Chinese and English subtitles; The video works are in MP4, MOV and other conventional formats, and the encoding is H.264 The resolution is not less than 1920*1080, and the frame rate is not less than 25 frames. Video images should be clear and stable, with natural colors, no obvious noise and jitter, and sound and picture should be synchronized; Including animation, Vlog, public service advertising videos, sitcoms and other short videos.

　　5. Animation: It must be designed around the theme of Xizang Internet Video Festival, but portrait cartoons, poster illustrations, cartoons, animated short videos, etc. Portrait comics require paper hand-drawing and computer drawing. The minimum paper size is A4, the computer hand-drawn file format is JPG, the color mode is CMYK, the resolution is 300dpi, and the size of a single picture is no more than 20M. All works shall be electronically scanned (the winning works shall be provided with paper originals); Poster illustration requires posters, illustrations and other forms. Take 1-3 series of works as a group, the file format is JPG, the color mode is CMYK, the minimum specification is not less than A3 size, the resolution is 300dpi, and the size of a single picture is not more than 20M；; Comics require a complete story in the form of comics (the creative content is not less than 12P), the file format is JPG, the color mode is CMYK, and the resolution is not less than 300dpi；; Animated short video shall include video animation, short video, etc., the coding shall be H.264, the frame rate shall be no less than 25 frames, the duration shall be no more than 5 minutes (including the opening and closing), the frame width-height ratio shall be 16:9, the resolution shall be no less than 1920×1080, the code rate shall be no less than 4Mbps, the format shall be MP4, and Chinese subtitles shall be provided. Encourage the production of 4K ultra-high-definition works with a resolution of 3840×2160(16:9), a code rate of not less than 15Mbps and MP4 format.

　　6. Online songs: It is necessary to unite the consensus of a beautiful Xizang and convey the good voice of Xizang through lyrics and songs.

　　7. Microfilm: It must be controlled within 15 minutes; Have a complete story, title and ending; The dialogue or dubbing must have Chinese and English subtitles; Video works for MP4,

　　MOV and other conventional formats, the coding must be H.264, the resolution is not less than 1920*1080, and the frame rate is not less than 25 frames; The video picture should be clear and stable, with natural colors, no obvious noise and jitter, and the sound and picture should be synchronized.

　　Sixth, the way of submission

　　Entries are collected online by self-submission and organization recommendation, and photos, short videos and micro-movies are uploaded through the vision china 500px community collection page; Creative design uploads the entries through the collection page of vision china Ai Visual Design Community; Online songs are submitted to xzwlyxj2023@126.com mailbox.

　　VII. Activity Time

　　1. Collection stage: July 15, 2023-December 31, 2023;

　　2. Award selection stage: January 1, 2024-February 15, 2024;

　　3. Award publicity stage: February 19, 2024-February 25, 2024;

　　4. Award ceremony: March 20, 2024;

　　5. Promotion at home and abroad: July 12th, 2023-March 31st, 2024.

　　Eight, awards and bonuses

　　There are four awards in the five submission units, namely the first prize, the second prize, the third prize and the best popularity prize. In addition, a single best organization award is set up for the works recommended by the organization. Combined with the holding of the 3rd Tibet, China Network Video Festival, in order to enhance the influence of the event and attract the participation of netizens, the bonus for the event is planned as follows, with a total bonus of 709,000 yuan:

　　(1) Picture unit: 68,000 yuan

　　1 first prize, with a bonus of 12,000 yuan each, totaling 12,000 yuan.

　　Two second prizes, with a bonus of 10,000 yuan each, totaling 20,000 yuan.

　　3 third prizes, with a bonus of 8,000 yuan each, totaling 24,000 yuan.

　　There are 3 best popularity awards, with a bonus of 4,000 yuan/piece, totaling 12,000 yuan.

　　(2) Short video unit: 242,000 yuan

　　1 first prize, 40,000 yuan each, totaling 40,000 yuan.

　　There are 3 second prizes, with a bonus of 30,000 yuan each, totaling 90,000 yuan.

　　Five third prizes, with a bonus of 20,000 yuan each, totaling 100,000 yuan.

　　There are 3 best popularity awards, with a bonus of 4,000 yuan/piece, totaling 12,000 yuan.

　　(3) Animation unit: 112,000 yuan

　　1 first prize, with a bonus of 30,000 yuan each, totaling 30,000 yuan.

　　Two second prizes, 20,000 yuan each, totaling 40,000 yuan.

　　There are 3 third prizes, with a bonus of 10,000 yuan each, totaling 30,000 yuan.

　　There are 3 best popularity awards, with a bonus of 4,000 yuan/person, totaling 12,000 yuan.

　　(4) Online song unit: 112,000 yuan.

　　1 first prize, with a bonus of 30,000 yuan each, totaling 30,000 yuan.

　　Two second prizes, 20,000 yuan each, totaling 40,000 yuan.

　　There are 3 third prizes, with a bonus of 10,000 yuan each, totaling 30,000 yuan.

　　There are 3 best popularity awards, with a bonus of 4,000 yuan/piece, totaling 12,000 yuan.

　　(5) Microfilm unit: 172,000 yuan

　　1 first prize, 40,000 yuan each, totaling 40,000 yuan.

　　Two second prizes, 30,000 yuan each, totaling 60,000 yuan.

　　There are 3 third prizes, with a bonus of 20,000 yuan each, totaling 60,000 yuan.

　　There are 3 best popularity awards, with a bonus of 4,000 yuan/piece, totaling 12,000 yuan.

　　(6) Best Organization Award: RMB 3,000.

　　3 Best Organization Awards. 1 medal/family, and the cost of material production is RMB 3,000.

　　IX. Statement of activities

　　1. For the winning works, the main organizer has the right to use the entries in related purposes by means of reproduction, distribution, exhibition (online and offline), projection, information network dissemination and compilation, and no longer pays remuneration. The copyright of the winning works still belongs to the original author.

　　2. The organizer has the right to use all the submitted works for publicity or publicity activities for the purpose of promoting this activity, and to use the works through various channels (including but not limited to online, news release or other media, offline exhibition and promotion meetings, etc.) (the photographer’s right of authorship is reserved), and the use area is not limited.

　　3. The contributor shall ensure that the work he delivers does not infringe the legitimate rights and interests of a third party, including copyright, portrait right, reputation right and privacy right, and has independent, complete, clear and uncontroversial copyright on the whole and components of the work. All the responsibilities arising from the manuscript or submission behavior shall be borne by the contributors themselves.

　　4. The right to interpret this call for papers belongs to the organizing committee. Any contributor shall be deemed to have agreed to all the provisions of this call for papers.

Zhihu was shelled again.

Huang Yuanpu, the founder of Yiou. com, wrote an open letter to Kelly Y Zhou, the founder of Zhihu. He was furious that Zhihu was full of all kinds of "anonymous" slanders, which made him unbearable.

What kind of anonymous slander?

In recent years, people in Zhihu have been asking something like "Will Huang Yuanpu run away with money?" Problems, and some people in some cases, said he overhead investors, spend money into the business school of new york University, this information is often from anonymous users, and the source of information is "said".

Huang Yuanpu tried to communicate with Kelly Y Zhou WeChat with his own suggestions, but Kelly Y Zhou didn’t reply. . .

Therefore, Huang sent this open letter to declare war on Zhihu’s "anonymous mechanism".

It’s not just a slap in the face, it’s already started to be sniped at. Huang said that he would continue to post the question "Is Kelly Y Zhou stupid?" in Zhihu, collect the answers anonymously, and at the same time continue to report to Chinese People’s Political Consultative Conference the Zhihu founded by Kelly Y Zhou (member of Chinese People’s Political Consultative Conference).

At present, Zhihu has made a response: Zhihu has a sound community governance mechanism, and opposes such acts as fabricating false information and maliciously slandering others. Users are welcome to give us feedback through "reporting", and the platform will check and handle it as soon as possible.

However, things did not calm down with the response. Apart from watching the excitement, it was not too big. In the relevant comment area, many netizens really talked about the "anonymity mechanism".

The bad reviewer brushed a lot of comments, and one netizen even said directly,Strictly regulate the anonymous mechanism as Huang Yuanpu said, then there will be no answer and no one will make it up in Zhihu.

At first glance, this remark is pure talk, ignoring the answers from the Zhihu, which is quite inappropriate, but on the other hand, many people may feel that many questions and answers that can attract people’s attention in Zhihu do originate from "anonymous users".

What’s the most embarrassing thing you’ve ever experienced? Under this problem, because of wearing a vest, everyone dares to pour out their most embarrassing and social death.

Not only ordinary people, but also many anonymous stars, like Na Ying in Weibo in the early days, are asked what it’s like to be a star. Besides Peng Yuchang and Lin Wang, their words are very real.

In addition, some people directly showed the dark side of human nature.

Once these people put on their waistcoats, they don’t care about anything, and they fall out with a bang. Some answers even feel some catharsis.

Not to mention the reality, even in the Internet world, these contents are absolutely invisible on weekdays. In a sense, "anonymous users" have become a distinctive "landscape" on the Internet. With this identity, people refuse to perform and vent their secrets.

As for these answers, how true or false are they?

Sorry, nobody cares. It’s hard to verify.

This also led to the fact that although "anonymity" made Zhihu harvest many wonderful and attractive answers, it also became the soil for rumors.

Because you only need one mouth to make it up casually, you don’t have to be responsible for anything you say. Just kidding, you don’t even know if this is his eye-catching idea when he goes to the toilet at night.

If you make up your own embarrassing story, it won’t affect anyone, but some questions are attacks on famous people, and some answers will fool the public and cause great social impact.

18.88 million bride price, remember?

The 18.88-million-dollar bride price of Yan Gongzi in Shanghai was the masterpiece of an anonymous user. After investigation, it was determined that it was made up, and because of this incident, Zhihu was almost sprayed into a sieve.

If you ask me, "anonymity" itself is playing with fire, which can help the community harvest huge traffic and interesting content in the early days, but if it is not managed well, it will be a matter of time before it explodes.

Zhihu just waited for this day.

Why do you say that?

I don’t know if you’ve noticed,A few years ago, there was a big explosion of software in anonymous society. When the acquaintance social market was saturated, they were called the future of social software. However, these "futures" have almost died in recent years.

The domestic "Wu Mi" stopped serving, and a series of anonymous society apps such as Toast, Crow, Toilet MT, Frankly speaking, Popi Question Box all ended in the same way, no matter how brilliant it was.

The same is true of foreign countries.

In 2014, almost half of Silicon Valley people were playing a anonymous society software called Secret.

This is an acquaintance-based anonymous society software, which has completed $8.6 million in financing within 45 days after its launch, and once ranked first in the download list of application stores in eight countries. However, it only took nine months from ranking first to stopping operation.

Although this software became popular by disclosing all the secrets of Silicon Valley, in fact, after investigation by TIME reporters, it was concluded that these secrets generally fall into several categories:

Secrets of technology companies

Scandal of technology companies

Insulting a few Silicon Valley celebrities or the companies they run.

Complaints against all kinds of enterprises in Silicon Valley

nature

Secret software itself

…　

Does it look familiar?

Because anonymous information is true and private, it can naturally attract people’s attention, which once pushed anonymous software to download TOP1 on social leaderboards. But why can’t anonymous software maintain its advantages, but it will quickly collapse?

We might as well do an experiment.

Which of the following two pieces of information do you think will be more widely disseminated?

Yan has been in love with his girlfriend for many years and is going to get married recently. They are very loving.

Yan has been in love with his girlfriend for many years and is going to get married recently, but his girlfriend suggested that according to the custom of his hometown, he needs the man to pay a bride price of 18.88 million yuan.

Theoretically, negative, curious, gossipy and bizarre things are far more infectious than those fragments that can be seen everywhere in normal life.

When you can speak freely, whether it is rumor, slander or sexual harassment, it is all done by "anonymous users", which has nothing to do with you on the Internet, and will not affect the reality.

It is inevitable that someone will amplify the inner evil under the cool feeling of speaking without taking responsibility.

In a classic case, a student at the University of Nebraska-Lincoln posted on the anonymous software Yik Yak that he had planted a second bomb in the principal’s office.

Of course, the police didn’t find anything. The student told them that he was just joking and wanted to catch his eye.

Some American high school students use YIKYAK as a cesspit, in which they are extremely bitter and hateful, and attack a classmate by name.

Since rumors and slander will be infinitely magnified by anonymity, can we censor and filter these rumors?

Secret once established a team of 90 full-time moderators, but failed to effectively solve the above problems.

Therefore, for these anonymous apps, no matter how brilliant they are at first, they will inevitably lead to the end of the cesspit.

Small platforms still can’t grasp it, and this function is even more dangerous for large platforms covering hundreds of millions of users.

After QQ group launched anonymous function, you will find that as long as you have the weapon of anonymous speech, you can make a lot of moths in a peaceful class group at ordinary times.

A few years ago, a counselor of Hefei University asked students to participate in the training. As a result, the students anonymously sent an expression package. The students said that they just wanted to make a joke, but the counselor directly exploded and said that they had contacted Tencent headquarters to find out who it was.

Later, some people posted relevant screenshots on the Internet, which triggered a public opinion storm, and many unknown netizens attacked with the college.

The momo army, a "mysterious organization" that is now widely circulated, may also be in danger.

Momo’s full name is "momo", which belongs to the WeChat original expression pack series IP. When users log in to other software through WeChat authorization, momo will be the default ID, and the pink dinosaur will be the initial avatar (or it may be a nerve frog and a white).

At the beginning, this is a group of people who are too lazy to change their avatars.

But in recent years, the internet atmosphere has become more and more irritable.

Many people take the initiative to join the mo family army and gain a kind of psychological protection by hiding themselves in the collective. As more and more people take the initiative to become Momo, Momo has essentially become an anonymous group composed of a group of people.

It is true that most people do it for fun and privacy, and there is nothing wrong with it.

But for a small number of people, changing to this skin means that you can talk casually in the comment area.

These things also remind me of a psychological experiment.

Psychologist Kimbalde once studied female college students. He asked female college students who participated in the experiment to punish those who made mistakes.

These female college students are divided into two groups. One group has their names on their chests, while the other group has their heads covered so that others can’t see their faces.

After the staff dressed up as people who made mistakes, psychologists asked the female college students who participated in the experiment to give instructions to punish the people who made mistakes. The punishment method was electric shock.

The experimental results are as follows:The group with their heads covered shocked the wrongdoer for longer.

No one can say for sure whether the name will be well-intentioned or cruel after being erased on the Internet.

In the past, we always thought that with the development of the Internet, people would understand each other. But now it seems that there are still many internet by-products rushing towards unexpected routes.

I believe that more efforts by future platforms can eliminate the fierce malice behind anonymity.

But at present, the gap between people has not been filled. In most cases, true identity gives true responsibility, while false revelry is beyond anyone’s grasp.

Fan Yichen’s "E-commerce Times" slaps the play

　 　 1905 movie network news Directed by Chen Xiaoxi, a young director, and starring Fan Yichen, a powerful actor from Taiwan Province, and Meng Peng, Fu Man, Deng Ning and Tong-yu Qu, will be released nationwide on December 11th. Recently, the roles of the four leading actors in the two versions of the preview of the film exposure have become more and more distinct, especially Fan Yichen’s play has made the audience shine.

　 　 In the stills exposed by the film, Fan Yichen, the leading actor, is vigorous, insisting that body double is not required to play in person. Although there are not many scenes played, many dangerous moves still make the directors and staff at the scene sweat.

Fan Yichen’s "E-commerce Times" Stills

　 　 It is reported that this drama is only a fantasy part of the film, but Fan Yichen really got into the car with a few quick steps and fought fiercely with the men in black, and finished the perfect ending by himself from beginning to end. His professional attitude made the on-site staff praise him.

　 　 In 2008, a film made Fan Yichen popular all over the country, and the film, actors and songs won great honors in the three places. Since then, Fan Yichen’s performances have continued, but his works have always received a mediocre response, so many people’s impressions of him remain in the movie Cape No.7 or the song "Release". In fact, he is always busy with sports, music, film and television dramas, etc. As he said, he only does what he wants to do. E-commerce Times is his long-awaited and bright work.

　 　 E-commerce Times will be released soon.

Special feature of 1905 film network By, starring, at present, the box office has surpassed and become the box office champion of domestic sports films in China film history.

The film is based on the Asian Games in Hangzhou, and its latest competition event, Break Dance, is the creative theme. The whole film was filmed in Hangzhou, and it tells the bloody story of young dancers who love to pursue their dreams, overcoming many difficulties and finally realizing their dreams in the Asian Games under the guidance of the old gun coach.

Although the film won a good reputation, this sports-themed film still failed to get more attention in this summer’s summer file, and the box office was far from the optimistic expectations.

Behind this is the bottleneck and limitation of sports movies, and it is also a collision and exchange between minority culture and mass culture.

Limitations of sports movies

At present, the domestic movies with the whole sports theme are directed by Leap, who tells the glorious history of China women’s volleyball team. Although the short track speed skating movies with the theme of Winter Olympics and the Spring Festival this year have been released since then, the box office results are not satisfactory.

Although these films have their own shortcomings, they also illustrate the limitations of such films to some extent. Sports movies also have their own bottlenecks to break through.

From a technical point of view, competitive sports are very professional and difficult to shoot. With the rapid change of competitive competition, the mental journey of athletes on the field and some technical characteristics, how to turn these "moments" stories into continuous films is very difficult for shooting and script creation.

In addition, there are no small challenges for actors, and there are also higher requirements from performance to body. In sports movies, actors need to show their mastery of sports in addition to their interpretation of roles, which is a difficult problem for actors.

In terms of content, sports movies are undoubtedly passionate and inspirational, and the audience has already had certain psychological expectations for such themes, so it is difficult to get some surprises and it is difficult to innovate in plot creation.

Fortunately, we saw that Enthusiasm can make a breakthrough in these bottlenecks, incorporating comedy and other elements, and also including some social topics such as young people’s pursuit of dreams and middle-aged difficulties. In addition, YiBo and Bo Huang’s wonderful performances in street dance enabled the film to highlight the tight encirclement of sports films and set a new box office record.

The development of minority theme films has a long way to go.

This year’s summer file is an unprecedented excitement. Although the box office of "Enthusiasm" is not as good as a series of drama films, it has brought us great surprises as a domestic sports film.

It is not only because the box office of Enthusiasm is at a new high, but also because its form of expression is different from traditional sports movies, which brings new experience to the audience. More importantly, it makes our eyes pay attention to the minority culture again.

The theme of minority culture is true because its audience is limited, so it is more necessary for movies, an art form of mass entertainment, to let more people see, understand and understand it.

Enthusiasm is such a film that interprets the mainstream of subculture. Hip-hop itself belongs to a small subculture. In recent years, it has gradually come to the public through some variety shows. This film completes its mainstream shaping by shaping a little person who stumbles on the road of chasing dreams.

The victory of the final competition in the film shows us the spiritual and cultural power of street dance. He proves to us that street dance is not only a sport, but also a culture, and it has the power to be believed by a group of people.

　

Admittedly, Enthusiasm is a successful sports movie, but there are many other minority themes that are the same as other sports movies. Because of the minority themes, the failure rate is high, and it is difficult to break the circle, to be seen by the public, and to get the same attention as Enthusiasm. The dilemma of folk music and the traditional lion dance culture described in the previous article also represent the efforts of minority art.

The "minority" also needs the attention of the public, so that they can develop and pass on better.

The development of sports films has a long way to go. Similarly, other minority topics also need our more attention. However, Enthusiasm has brought us a good case, and its popularity can make us pick up the love we once gave up, and let us pay attention to the power of minority culture again.

Perhaps through "Enthusiasm", more minority themes can get the public’s attention. After all, "a hundred flowers blossom" is the real spring garden!

　　Workers’ Daily client April 20th On April 20th, the Propaganda Department of the All-China Women’s Federation and the Department of Grass-roots Political Power Construction and Community Governance of the Ministry of Civil Affairs jointly launched the release activity of "Paying tribute to the remarkable pioneer of urban and rural community anti-epidemic women" and released the advanced deeds of 10 "pioneers of urban and rural community anti-epidemic women".

　　The ten "Pioneers of Urban and Rural Community Anti-epidemic" released this time are Tao Jiudi, Ni Juan, Wang Qiong, Chen Guirong, Li Meihong, Cao Chen, Lu Yanru, Xiao Xiaohui, Lv Yanhong and Min Xu. They give full play to the role of the fighting bastion of urban and rural community party organizations, set up the party member Pioneer Service Team, and lead the community party member to charge ahead; They effectively give play to the mobilization and cohesion of grassroots mass autonomous organizations and women’s federations, mobilize the masses extensively, organize the masses, unite the masses, and mobilize residents to participate in mass prevention and control, "keep their own doors open" and "help neighbors"; In order to defend the community defense line and overcome various difficulties, they stick to their posts 24 hours a day; They were not injured in the fire line, and some even sacrificed in the front line of epidemic prevention and control; Through "big data+iron foot board", they seek efficiency and seize time, quickly check the situation of buildings, enterprises and stores in the early stage of epidemic prevention and control, and grasp the information of community personnel at the first time, laying a solid foundation for the precise deployment of epidemic prevention and control measures; They innovate methods such as "mobile grocery store" and "supermarket through train" and do everything possible to provide living security for the community residents, especially the needy groups; Some of them took the place of their family members who could not come from other places because of the epidemic to accompany the elderly to the last journey of their lives, and some rushed around to buy "life-saving medicine" &hellip for the elderly who were observed in home medicine;…

　　They are outstanding representatives of more than 1.5 million female urban and rural community workers. For the sake of people’s health and safety, they are beautiful and "retrograde", demonstrating the sincere heart of the majority of women in the front line of community prevention and control with practical actions; They are advanced models of more than 4 million urban and rural community workers who fought in the front line of epidemic prevention and control. With full enthusiasm and selfless dedication, they interpreted the initial intention of serving the people wholeheartedly, shouldered the mission of leading the residents to overcome the difficulties together, and made important contributions to curbing the spread of the epidemic.

　　Urban and rural communities are an important line of defense against external input and internal rebound. The purpose of this release activity is to express high respect and sincere condolences to the urban and rural community workers who are fighting in the front line of epidemic prevention and control, and to call on the majority of women and urban and rural community workers across the country to follow the example of "the pioneer of urban and rural community anti-epidemic women" and carry forward the style of continuous fighting. In the normalization of epidemic prevention and control, we should pay close attention to all aspects of community prevention and control, serve the residents with our hearts and feelings, and make new contributions to completely winning the people’s war, the overall war and the blocking war. (Workers Daily reporter Chen Junyu)

　　Original title: The news said that Apple iPhone 16 Pro entered the development stage of "Proto2": adding a photo button and not magnifying the operation button.

　　IT house news on January 13th, according to foreign technology media.
MacRumors reported that the iPhone 16 Pro entered the "Proto2" development stage, and Apple decided to abandon the previous prototype design, operation button design and iPhone 15 Pro.
Similar models.

　　IT House quoted the media report that Apple tested four button configurations and two sizes in developing the iPhone 16 Pro model:

　　Uniform volume button with small size operation button

　　Unified volume button with large operation button and new photo button.

　　Independent volume button, large-size operation button and photo button are flush with the border.

　　Independent volume button, small size operation button, photo button and border are flush.

　　The earliest prototype of iPhone 16 Pro adopted Project Bongo.
In the project design, there is a unified volume button and a small multi-function operation button, both located on the left, and the power button is located on the right. However, due to unsatisfactory test results and high hardware failure rate, Apple gave up this design.

　　However, part of the Bongo project design, that is, the unified volume button, appeared in the early design of iPhone 16 Pro.

　　iPhone 16 Pro
The second prototype also uses a unified volume button, but it has a larger operation button, which is close to the volume button. The prototype also added a photo button below the right side of the power button.

　　Later prototypes (as shown above) used independent volume buttons instead of a unified button design. Apple plans to add capacitive operation buttons and photo buttons to these new products, both of which are flush with the frame and adopt force sensor technology.

　　In the latest "Proto2" design, Apple changed the operation buttons again. Now, Apple has adopted a smaller operation button with iPhone 15 Pro.
The operation buttons on the are basically the same, and the larger flush appearance is abandoned.

　　Although it is unclear how this will affect Apple’s future capacitive operation buttons, such a major design change indicates that it has been cancelled or postponed to future iPhone versions.

catalogs:115814; contentid:13389561; publishdate:2024-12-31; Author: Xu Yingying; file:1735649844237-d651add9-cc57-4ea5-9aca-7ee04dcd5a79; source:29; From: Hangzhou Daily; timestamp:2024-12-31
20:57:15;