Editor’s Note: The Third Plenary Session of the 20th CPC Central Committee emphasized that education, science and technology and talents are the basic and strategic support for Chinese modernization. To achieve high-level scientific and technological self-reliance, in the final analysis, we must rely on high-level innovative talents. The popular science department of China Association for Science and Technology and Guangming. com jointly launched the column "Serving the country scientifically at the right time" to interpret the setting of science and technology disciplines and the training mode of talents in colleges and universities, guide the vast number of young people to integrate their personal ideal pursuit into the great cause of national development, continue the tradition of serving the country scientifically, and build a solid foundation and base for scientific and technological innovation.# 10 million IP Chuangkepu

Chips occupy a core position in science and technology.

It is widely used and omnipotent.

The discipline of microelectronic integrated circuits focuses on chip research.

It is a strong driving force for the development of electronic information industry.

Promote the vigorous development of the industry.

Shenzhen University School of Electronic and Information Engineering

(hereinafter referred to as "College")

Actively respond to national strategic needs,

Facing the major needs of the country and the international academic frontier,

Turn scientific research achievements into practical applications,

It provides more convenient and efficient services for the society.

And provide high-quality teaching resources and rich practical opportunities.

Deliver a large number of professionals to the society,

Promote the development of related industries.

Distinguished professor Huang Lei, Executive Dean of the College, said,

The college pays attention to personnel training,

Construct a teaching system combining theory with practice,

He encouraged scientific research and innovation,

And advocate the scientific research concept of "having fun in it".

Professor Zhao Xiaojin led the team to successfully develop a variety of chips.

And committed to the industrial application of scientific research results.

He actively participated in national scientific research projects,

Contribute to the country’s solution to the "stuck neck" engineering and technical problems.

Shenzhen University School of Electronic and Information Engineering

Relying on unique resource advantages and geographical location,

Shoulder the mission and responsibility,

Go all out to train high-level scientific and technological talents.

Today, let’s walk into

School of Electronic and Information Engineering, Shenzhen University,

Listen to the story of science serving the country,

Feel the technological power of microelectronics.

Producer

Yanggu

Chief producer

Song Leyong fought Zhao.

Master plan

Song yajuan

journalist

Lin Jiaxin

Director of this issue

Lin Jiaxin Meng Chen

Text arrangement

Zhao Jin (Internship)

check

Huang Lei Zhao Xiaojin

Joint production

Guangming. com, Science Popularization Department of China Association for Science and Technology

Special Thanks

Propaganda Department of Shenzhen University Party Committee

Shenzhen University School of Electronic and Information Engineering

[Editor: Li Xinzhe]

　　sevenmoonthreeDay,Tucki revealed it at this year’s Beijing Auto Show.“MONA”Finally unveiled the mystery,MONAThe first model of the series–TuckiMONA
M03the whole worldmake one’s debut. This intelligent pure electric hatchback coupe for young users has a drag coefficient.0.194Cd, the cruising range will exceed500kmFocus on10-15Ten thousand yuan market. Chairman Xpeng MotorsCEOHu Anma, Vice President of He Xiaopeng Hand in Hand Modeling Center·Lopez (JuanMa
Lopez) attended the live broadcast together and deeply interpreted Tucki.MONA
M03The design creation concept and the technical strength behind it.

　　Perfect combination of technology and aesthetics

　　TuckiMONA
M03The appearance of is from the world’s top designer Juan Ma.·Lopez (JuanMa
Lopez), adopted "Smart
Design AIQuantitative aesthetics "design language, with classic and beautiful wide-body coupe posture,479mmThe low center of mass,3.31The aspect ratio,1.31The aspect ratio of and0.47The tire height ratio makes the car body ratio just right. In addition, the new car will provide new color matching options such as Xingyaolan and Xinghanmi to fully meet the individual needs of young consumers.

　　Specifically,MONA
M03The front face adopts a closed grille with the concept of "binary"010”Split three-dimensional space star-awn lamp group is very recognizable in shape and built-in.300particleLEDThe lamp bead, combined with the cutting-edge thick-walled light guide technology, has the longest irradiation distance.150Rice. The side of the car body is slender as a whole, with a slip-back shape and a relatively coordinated side ratio.CThere is also a spoiler design at the bottom of the column. Secondly, the vehicle is equipped with a hidden door handle, and the blue intelligent driving indicator light appears on the front fender.

　　Many design details at the rear of the car echo the front of the car. First of all, it has the same model.TThe tail light of the model "B" has the same effect as the headlight when it is lit. Meanwhile, TuckiMONA
M03The trunk has a stylish hatchback design, providing a spacious opening for loading large items.In addition,In terms of color matching, Tucki MONA
M03have providedfiveAmong the three schemes, Xinghanmi and Xingyaolan meet the diverse aesthetic needs of young users with elegant low saturation colors.

　　Both low wind resistance and large space are needed.

　　twentyWannei’s products generally talk about wind resistance, but TuckiMONA
M03From the beginning of design, the idea of "low wind resistance" was integrated into manufacturing engineering.A total of1000A number of program analysis, accepted.10Second, super100Hours of wind tunnel testing,right15Key group optimization,andThe whole system comes standard with the same super run.AGSFully integrated active air intake grille, its irregular single blade design is not only integrated with the appearance, but also can balance the wind resistance optimization and electric drive cooling requirements at different speeds and intelligently adjust the opening and closing.This series of "dead bumps to the end",TuckiMONA
M03In the endCd0.194Excellent performance, becoming the world’s lowest wind resistance mass production of pure electric hatchback coupe, energy consumption per 100 kilometers has been reduced.15%, the highest can be improved.60kmThe cruising range.

　　Not only that, but to our credit,For a long time, in order to pursue the smoothness and beauty of the outline lines of the whole car, the coupe had to sacrifice the whole riding space, which made it difficult to have both aesthetics and space, and could not meet the travel needs of users in the whole scene.butTuckiMONA
M03Broke this cognition to4780mmThe conductor and2815mmThe wheelbase is comparable.BLevel of dimensional performance, plus63.4°The design of the largest front windshield inclination angle at the same level reduces the wind resistance and also creates a low and elegant front cabin contour, leading the space experience at the same level.

　　At the same time,At the level of storage design, TuckiMONA
M03The whole system comes standard with an electric hatchback tailgate.621LThe large volume can be placed at the same time.oneindividual28Inch,fourindividualtwentyInch suitcases, camping tents, fishing gear and balance cars for parties can be safely stored, so that you don’t have to make multiple-choice questions when you travel.1136mmThe width of the opening makes it more elegant to take and put things. No matter whether it is daily commuting in the city or relaxing in the suburbs on weekends, it can fully meet the needs of young users to travel in the whole scene, and enjoy comfort in every journey.

　　Go with negative "emphasis", or you will die if you don’t succeed.

　　Since the beginning of this year, it is an indisputable fact that Xpeng Motors’s competitiveness has declined among a number of new power brands, and it is under the competitive pressure of Weilai, Ideals and a number of new energy brands. Judging from the delivery results of new power brands in the first half of the year, Xpeng Motors lags far behind LI, Weilai, Zero Run and Extreme Krypton, and the sales of the above brands are all in.eightMore than ten thousand vehicles. Even Nezha cars.sixThe monthly sales volume is not as good as that of Xpeng Motors, but it is still in the first half of the year53769The result of this car is slightly ahead of Tucki.

　　Therefore, for Tucki at this time, there is an urgent need for a product with the right price, which can play and measure, and stand out in the market. TuckiMONA
M03It can be said that it took Xpeng Motors nearly four years to build the first intelligent pure electric hatchback coupe in China. Even at the press conference, He Xiaopeng stressed: "Tucki is willing to spend a little more time and cost to build a" nice and interesting "car for young people."

　　From the current point of view, TuckiMONA
M03It is still very powerful, with high originality, ultra-low wind resistance and perfect body proportion. Although the space and intelligent configuration have not been officially announced, according to the original agreement between Didi and Tucki, Didi will open the whole ecology for Xpeng Motors for the first time. Empowered, for "MONA”Provide multi-dimensional strong support including intelligent cockpit, intelligent driving and shared travel market, which is certain.MONA
M03The performance will not be bad, and it is worth looking forward to.

　　At the same time, for the electric vehicle market,MONA
M03Could be subversive—15The price below 10,000 yuan can realize intelligent driving, and Tesla first achieved the fair-price intelligent driving model on the market. However, Tucki.MONA
M03In fact, the market segments in which they are located are also quite voluminous. The products of established car companies such as BYD, Changan and Geely have already formed a layout, and the price/performance ratio alone is not enough. It is also necessary to see whether more information officially announced later is enough to surprise people and ensure mass production delivery.

Recently, chengdu research base of giant panda announced that, in order to further protect animal welfare, chengdu research base of giant panda plans to explore a trial animal rest system, and will temporarily try to close the juvenile giant panda villa area on Mondays from December 25, 2023. Giant pandas like to mention "legal holidays", which reflects the public’s love for giant pandas from the side. In 2023, in addition to the giant panda, which animal friends will "go out of the circle"?

Giant pandas also have a "rest day"?

On December 22nd, chengdu research base of giant panda announced that it would temporarily try to close the juvenile giant panda villa area on Mondays from December 25th, 2023 (inclusive). And remind tourists that during the closing period, the area is temporarily closed to tourists, so please plan your tour reasonably.

Image from chengdu research base of giant panda WeChat WeChat official account

It is worth noting that the reason for the announcement that the museum is "closed every Monday" is that in order to further protect animal welfare, it is planned to explore the trial system of animal rotation.

　

In my impression, this is still a park with ornamental projects, including animal breeding research base and wildlife park. It is the first time to adjust the operating system of the park for the reason of "animal welfare", not just because of "the need of park management".

　

Different from the controversial topic about being kind to animals in the past, after the announcement of "Rest in Rotation" in chengdu research base of giant panda, the comments of netizens were all praise. Almost no one questioned this "rest in rotation" measure, even if some people would not be able to see the true face of the panda baby or affect their travel itinerary because of the "rest in rotation" closure.

On the one hand, the giant panda has never clashed with the daily life of the public and has a good "reputation"; On the other hand, because giant pandas, as "national treasures", have been making contributions to China’s panda diplomacy and wildlife protection, people may think that they should enjoy corresponding "welfare".

　

But in theory, other animals, including cattle and horses as means of production, cats and dogs as companions for human beings, pigs and sheep as food, and even those wandering animals, as the lives of people living on the same earth, should also receive corresponding attention.

Read more about "Panda likes to take a rest in rotation", and animals deserve a "legal holiday" | Beijing News column.

How did the giant panda become a "top stream" star?

　

How many times have you been cured by giant pandas this year? The national treasure panda has always been loved by everyone. In 2023, panda-related topics occupied people’s mobile phone screens for many times-Meng Lan, the "three princes" in Xizhimen, and Hua, the "female stars" in Sichuan … On social networks, the list of star pandas grew stronger and stronger. In April, the return of giant panda Yaya to China in the United States once caused a heated discussion, and the topic of "taking Yaya home together" reached 620 million readings. In Chengdu, Sichuan, giant pandas and flowers became popular on the Internet with their triangular rice balls, and what was even more remarkable was the "summoning technique" of grandpa Tan, a breeder, and a short video platform of "flowers and flowers, fruit depends". A video platform showed that a short video about "pandas understand Sichuan dialect series" reached 1.366 million likes.

Do you know who is the giant panda and the flower through the back?

The picture is from CCTV.

Family portrait of the giant panda in Beijing Zoo

Image from @ Beijing Daily

Offline, these national treasures are also worthy of the name "top flow". As the "top stream" of Beijing Zoo, there is always a long queue outside the exhibition hall of Meng Lan, a giant panda. According to the Beijing News, during the May 1 ST period, due to the high enthusiasm of tourists, the queue of the "Menglan" sports ground was specially set up in the museum. Visitors who want to see "Menglan" need to wait in line, and some tourists finally see "Menglan" after waiting in line for 4 hours.

　

According to the cultural and tourism market of Sichuan Province released by the Sichuan Provincial Department of Culture and Tourism in May this year, "online celebrity" giant panda "Huahua" led 264,000 tourists to visit chengdu research base of giant panda, ranking second among the top ten scenic spots in China. During the Chengdu Universiade, the mascot "Rongbao" won people’s attention, including straw hat "Rongbao", peach "Rongbao" and Sichuan Opera "Rongbao" … It is reported that since the release of the mascot "Rongbao", the peripheral products have been continuously innovated and upgraded, and more than 1,000 licensed products have been launched in 18 series. Popular styles are out of stock and restricted, and "Rongbao" has become a "conspicuous bag" in Chengdu this summer.

All kinds of "Rongbao"

The picture is from Xinhua News Agency.

In 2023, what other "out of the circle" animal friends are there?

　

"Capibala"

Image from IC Photo

The capybara, alias "Capibala", has become synonymous with "emotional stability" because of its mental state of "being trampled on by other animals". As the new favorite of IP in the animal kingdom, "capybara" has been played 1.64 billion times on a short video platform.

　

"Cat Security" in the Forbidden City

Image from @ Palace Museum

As early as the Ming Dynasty, there was a "Royal Cat Room" in the Forbidden City, in which all the cats kept were serious cats. Since then, 600 years have passed, and these royal cats have been breeding in the Forbidden City and never left. Later, after the establishment of the new China Palace Museum, the descendants of the royal cats were first certified as orthodox by blood, and then they were "collected" again and registered in the book, each with its own name. On December 14, Beijing was snowing heavily, and the Palace Museum sent a group of photos of cats in the snow. The netizen said, "Who is not confused about the cuteness in the snow?"

　

Hoh Xil Net Red Wolf

Image from People’s Daily

In October this year, some netizens released a video saying that a wild wolf in Hoh Xil, Qinghai was "as fat as two wolves" because it was often fed by drivers and tourists in the past. Not only will it become round, but it will wag its tail at the vehicle and "beg for food". Experts remind that whether in the wild or in the zoo, private feeding will either cause harm to the feeder or the animals to be fed, and may even lead to an epidemic, so it is not advisable to feed.

　

"Wandering" Macaque

"Walking monkeys" live a life of food and shelter, and "neighbors" include herons and wild boars.

The Beijing News knows the video.

In November, macaques appeared in Chaoyang, Haidian, Tongzhou and other places in Beijing. The Forest Public Security Bureau, together with the Beijing Wildlife Rescue Center and other relevant departments, tried their best to find them. On the afternoon of November 7, they were all found near Dongsishitao in Dongcheng District and Gaobeidian in Chaoyang District, respectively, and have been properly placed in the Beijing Wildlife Rescue Center. Experts remind that wild monkeys are generally more vigilant. If they have not been fed food by humans, they will not approach humans, and even choose to take the initiative to avoid them when they meet humans. But captive monkeys are not afraid of people, they will associate people with food, and even go to places with more people to look for food when they are hungry. If you meet a monkey in the wild, don’t disturb and tease, and keep a proper safe distance. If you encounter monkeys in residential areas, you can contact the wildlife authorities immediately.

　

The cute bird "Little Fat Choo"

Image from @ CCTV News

Recently, the northern long-tailed tits appeared in Beijing. Wrapped in a piece of silver, the furry tits sometimes sing and sometimes spread their wings and fly, lively and lovely. They often hang upside down from the branches to feed, and then fly to the next tree in a moment, usually without long-distance flight. The northern long-tailed tit belongs to the long-tailed paridae of passeriformes, which is a "three-owned" protected animal with important ecological, scientific and social values, and is relatively common in northeast China and northern Xinjiang. According to the records of Beijing ornithology, the northern long-tailed tits appeared in Beijing in the 1960s, but their numbers were relatively small in the past. This year, compared with previous years, the number is much more and they are in groups, which is rare.

　

Integrated from Xinhua News Agency, CCTV News, Guangming Daily, Beijing News, Beijing Haidian WeChat WeChat official account, etc.

Editor Ma Haoge

Proofread Li Lijun

On August 31, the reporter learned from the Provincial Information Center that the Henan credit information sharing platform has realized data networking with more than 40 industries such as safety production, environmental protection and taxation, and monitored the status of credit subjects through online big data visualization analysis, realizing "every batch must be checked" and "everything must be checked".

Henan credit information sharing platform is one of the important contents of building a pilot province of social credit system and big data integration development in Henan. After the platform is networked, all departments and units can reward and punish credit subjects through online inquiry in the near future and system docking in the long term when using the platform to carry out administrative work. For example, when the transportation department handles the examination and approval of the business license, the staff members log on to the Henan credit information sharing platform and enter key information such as the name of the legal person of the transportation company, the unified social credit code, the organization code, etc., so as to inquire whether the parties belong to the object of rewards and punishments. For the parties who belong to the object of rewards and punishments, the platform will automatically list the types and times of red and black lists and the corresponding list of reward and punishment measures.

Before the end of this year, the data of Henan credit information sharing platform will be embedded in the "online" service process, which will be integrated with the data of Henan government service network to realize the whole process of joint rewards and punishments, such as automatic warning, automatic retrieval, automatic trigger, automatic implementation and automatic feedback. In other words, if a faithless person breaks his promise once, the result will be automatic restriction everywhere.

In accordance with the requirements for the construction of a pilot province integrating the national social credit system and big data, Henan should become an important information big data gathering and sharing center and development and application center in China, and take the lead in sketching out a multidimensional credit "genetic map" for five categories of subjects including government, enterprises, individuals, institutions and social organizations. The relevant person in charge of the Credit Department of the Provincial Development and Reform Commission said that in the future, personal credit will become the second "identity card", and trustworthy people can enjoy the benefits of renting a car and staying in a hotel without paying a deposit, while untrustworthy people may even have difficulty going out to take a taxi and shopping in a supermarket. (Reporter Luan Shan)

Gree Electric (000651) is gradually reducing its shares in listed companies recently.

In October this year, Wentai Technology (600745) announced the shareholding reduction plan of shareholder Gree Electric; In November, Haili Co., Ltd. (600619) disclosed the change of shareholder Gree Electric’s shareholding in the announcement. During the period from October to November, it has sold more than 40 million shares of Haili, and the cash amount is estimated to be more than 600 million yuan.

With the stable profit and abundant cash flow brought by household appliances, Gree Electric has made continuous foreign investment in the past few years, including not only Yinlong, which has attracted much attention, but also a number of A-share listed companies, and has quietly formed a huge investment map with a total market value of over 10 billion yuan.

But this year, Gree Electric’s "buy buy Buy" has slowed down and turned to reduce its shares in listed companies. What are the reasons behind it?

Reduce the shares of the two companies

At the beginning of November, Haili became a hot A-share stock, and its share price rose by more than 280% in just two months. As the second largest tradable shareholder of Haili, Gree Electric reduced his holdings in batches.

According to the announcement, Gree Electric reduced its holdings of Haili shares by 43,046,600 shares from October 10th to November 8th this year, accounting for 4.01% of the total share capital.

According to the third quarterly report of Haili in 2024, as of the end of the quarter, Gree Electric held 90,223,200 shares of Haili, accounting for 8.41% of the total share capital; Gree Electric’s Hong Kong Gree Electric Sales Co., Ltd. (hereinafter referred to as "Hong Kong Gree") holds 6,490,600 shares, accounting for 0.60% of the total share capital. Gree Electric and his concerted action Hongkong Gree hold a total of 96,713,800 shares, accounting for 9.01% of the total share capital.

After this round of reduction, Gree Electric and his concerted actions still hold 53,667,150 shares of Haili, accounting for 4.999993% of the total share capital, and they are no longer shareholders holding more than 5% of the shares of Haili.

From the operational point of view, the first wave of Gree Electric’s reduction period was from October 10th to November 5th, and the share price of Haili shares fluctuated upward, rising from early 10 yuan to near 14 yuan. During this period, the average price of reduction was about 10.44 yuan, so it is estimated that the amount of Gree Electric’s reduction was about 112 million yuan.

The second wave of Gree Electric’s reduction occurred on November 6th, when the word "T" of Haili shares was at the daily limit for most of the day. On this day, Gree Electric sold 25,551,600 shares, with an average price of 15.38 yuan, and the cash amount was about 393 million yuan.

The third wave of Gree Electric’s reduction was from November 7th to November 8th. On these two days, the share price of Haili shares continued to go up and down, with an average price of 16.59 yuan. The estimated cash amount of 6,763,700 shares sold by Gree Electric was about 112 million yuan. According to this calculation, Gree Electric’s accumulated cash in this round of reduction of Haili shares is more than 600 million yuan.

For this round of reduction, Gree Electric only briefly stated that this change in equity is a transaction according to his own business arrangement, and the company has no clear plan, agreement or arrangement to increase or decrease its equity in listed companies in the next 12 months.

In early October, Gree Electric also announced its plan to reduce its holdings of Wentai Technology. It is planned to reduce its holdings of Wentai Technology by means of centralized bidding, not exceeding 12,428,100 shares, not exceeding 1% of its total share capital. Prior to this reduction, Gree Electric and his concerted action Zhuhai Ronglin held 116 million shares of Wentai Technology, accounting for 9.33% of the company’s total share capital.

At present, Wentai Technology has not announced the progress of Gree Electric’s reduction. Since Gree Electric announced the plan to reduce its holdings, the share price of Wentai Technology has continued to fluctuate upward, with an increase of more than 20%.

Billion A-share investment map

With its leading position in the domestic air-conditioning industry, Gree Electric has achieved good performance growth in the past ten years, and also brought abundant cash flow. In 2017, Gree Electric’s book monetary funds approached 100 billion yuan, and it has been maintained at a scale of more than 100 billion yuan since then. It is from this moment that Gree Electric gradually increased its investment layout in the A-share market.

In September 2017, Gree Electric listed Haili shares in the secondary market for the first time, and listed for the second time in July 2018. By the end of the third quarter of 2018, Gree Electric and his concerted action Hongkong Gree held a total of 96.7138 million shares of Haili, accounting for 9.01% of its total share capital.

At the end of 2018, Gree Electric contributed 3 billion yuan to help Wentai Technology acquire Anshi Group by increasing its capital in Hefei Zhongwen Jintai and Zhuhai Ronglin, thus becoming an important shareholder of Wentai Technology. Gree Electric and his concerted action in Zhuhai Ronglin acquired 116 million shares of Wentai Technology, accounting for 9.33% of its total share capital.

In 2019, Sanan Optoelectronic (600703) launched a fixed increase plan of 7 billion yuan, and Gree Electric suddenly appeared on the subscription list, with a subscription amount of 2 billion yuan. In 2020, the increase of Sanan Optoelectronics was successfully implemented, and Gree Electric obtained 115 million shares of Sanan Optoelectronics.

In 2021, Gree Electric planned to enter the main shield environment. In 2022 and 2023, he acquired 410 million shares of shield environment at a total cost of 3 billion yuan, accounting for 38.78% of the latter’s total share capital. This is also the first time that Gree Electric has controlled a-share listed company.

Judging from the shareholding situation at the end of the third quarter of 2024, Gree Electric (including concerted action) held 96.7138 million shares of Haili, 116 million shares of Wentai Technology, 115 million shares of Sanan Optoelectronics and 410 million shares of Dunan Environment respectively. Based on the stock price at that time, the total market value of Gree Electric’s shareholding in these four listed companies was about 10.9 billion yuan. In fact, the share prices of these four listed companies rose to varying degrees during October and November.

In addition to the investment of A-share companies, the acquisition of Yinlong is also an important investment of Gree Electric. In August, 2021, Gree Electric won 30.47% equity of Yinlong at a total price of 1.828 billion yuan by participating in the public auction of judicial auction. Combined with the entrustment of Dong Mingzhu’s personal voting rights in 17.46% equity of Yinlong, he completed the holding of Yinlong and later renamed it Gree Titanium.

In December 2023, Gree Electric announced that it had acquired 24.54% of the shares held by the existing shareholders of Gree Titanium at a price of about 1.015 billion yuan. After the transfer, Gree Electric directly held 55.01% of the shares of Gree Titanium and controlled 72.47% of the voting rights.

Diversification through investment

From the time line, 2017 is the starting point for Gree Electric to build the A-share investment map. The Securities Times reporter noted that this year was also an important watershed in Gree Electric’s performance growth.

In 2017, Gree Electric’s net profit historically exceeded 20 billion yuan, reaching 22.400 billion yuan. From 2011 to 2017, Gree Electric’s net profit increased from 5.237 billion yuan to 22.400 billion yuan, an increase of 328%.

Since 2017, the growth rate of Gree Electric’s net profit has continued to slow down. By 2023, the company’s net profit has not exceeded 30 billion yuan. From 2017 to 2023, Gree Electric’s net profit increased from 22.400 billion yuan to 29.017 billion yuan, an increase of only 29.54%.

The slowdown in Gree Electric’s performance growth is largely due to the saturation of the core product air conditioning market, which Dong Mingzhu has long recognized. At the second China Manufacturing Summit held in July 2016, Dong Mingzhu publicly shouted the slogan of "diversification". She said: "Gree will continue to take the air-conditioning industry as the pillar, vigorously develop new energy, household appliances, industrial products, precision molds, mobile phones, smart equipment and other emerging industries, and transform Gree from a simple household appliance manufacturing enterprise to a precision manufacturing enterprise to achieve diversified and steady development."

Since then, foreign investment has also been regarded by Gree Electric as an important means of diversification.

Among them, Haili Co., Ltd. is one of the upstream compressor suppliers in Gree Electric. As for the reason why Haili shares were listed twice, Gree Electric responded at that time that it aimed to expand the industrial chain structure and integrate high-quality industrial resources, and build an international enterprise with a more complete industrial chain by taking advantage of talents, information and innovation in Shanghai’s international status.

Dong Mingzhu also said in an interview at that time: "Haili has a long-term cooperative relationship with us, and we are Haili’s biggest customer. We don’t have to hold it, but we can participate. For this reason, we have become shareholders of Haili, and we can communicate better technically. We hope to make Haili bigger and become a world-class compressor factory, not to fight for control. We don’t rely on stock appreciation to make money, but hope to make Haili better. "

Wentai Technology and Sanan Optoelectronics are both related to semiconductors. Gree Electric previously announced that investing in Wentai Technology will help the company to increase cooperation with Wentai Technology in communication terminals, Internet of Things, intelligent hardware and other businesses. With the help of Wentai Technology’s 5G R&D capability, the company will strategically lay out the 5G industrial chain, rely on the company’s leading advantages in the air conditioning field, seize the huge business opportunities of smart home and Internet of Things under the 5G platform, shape the core competitiveness under the new situation, and realize the "diversified" steady and coordinated development in the fields of smart home, smart equipment and communication equipment.

Regarding the strategic shareholding in Sanan Optoelectronics, Gree Electric said that it will help the company’s central air conditioning, intelligent equipment, precision molds, photovoltaic and energy storage sectors to enter the semiconductor manufacturing industry, and at the same time, through cooperative research and development with Sanan Optoelectronics in the semiconductor field, it will help to further enhance the company’s technology accumulation in related fields.

Regarding the holding environment of Dunan, Dong Mingzhu personally responded at the 2021 annual general meeting of shareholders: "Gree rarely made mergers and acquisitions in the past, but as you can see, we recently acquired Dunan (Environment). This company is our long-term partner, providing us with accessories. When they were in the most difficult time, we couldn’t watch it collapse, so we lent a helping hand. We believe that this is to save others and a breakthrough for us, because our control over the industrial chain is more complete. "

Why turn?

Compared with a few years ago, Gree Electric’s investment layout turned to be cautious in 2024, and basically stopped the action of foreign investment in shares, and began to sell its shares of listed companies in the secondary market after entering the fourth quarter. Why did Gree Electric shrink its investment territory at this time?

"Previously, Gree Electric had outstanding business performance and sufficient cash reserves. In order to better manage cash and establish a strategic layout conducive to Gree’s long-term development, it made some equity investments. However, as Gree Electric’s demand for liquidity increases, the effect of some strategic cooperation is not as good as expected, so the action of reducing its holdings is made. " Shen Meng, director of chansons Capital, said in an interview with a reporter from Securities Times E Company.

The reporter noted that the third quarterly report of 2024 recently disclosed by Gree Electric is a good observation window. In the first three quarters of this year, Gree Electric achieved operating income of 146.722 billion yuan, down 5.34% year-on-year; The net profit was 21.961 billion yuan, a year-on-year increase of 9.30%. Among them, the operating income in the third quarter was 46.939 billion yuan, a year-on-year decrease of 15.84%; The net profit was 7.825 billion yuan, a year-on-year increase of 5.47%.

Gree Electric’s abundant cash flow used to be a solid guarantee for large-scale foreign investment, but in the first three quarters of this year, Gree Electric’s net operating cash flow was 12.712 billion yuan, a decrease of 67.89% compared with 39.596 billion yuan in the same period last year. The third quarterly report explained that the decline in the data was mainly due to the decline in cash received from the sale of goods and the provision of services.

Book monetary funds are also an important observation index. At the end of June, 2023, Gree Electric’s book monetary fund reached a new record of 191.654 billion yuan, and at the end of September, 2024, Gree Electric’s book monetary fund dropped to 111.397 billion yuan.

Kuang Yuqing, the founder of lens consulting, said in an interview with the reporter of Securities Times E Company that it is also a common phenomenon for large enterprises to shrink their investment map in the current environment. "These giant enterprises, including Tencent, are shrinking their capital and controlling investment risks, which is also the common influence brought by the overall external environment."

"Another important factor is that Gree Electric introduced Gao Xuan, the largest shareholder, during the mixed reform, and Gao Xuan also took on a large leverage when he became a shareholder. This also means that shareholders may put higher pressure on the performance growth of listed companies. In the case of relatively large pressure on the short-term main business, it is not excluded that the company will support its performance by realizing some investment projects with good returns. " Kuang Yuqing said.

In addition to the reasons for the profit reduction, the Securities Times reporter also noted that the strategic cooperation between Gree Electric and the invested enterprises may also be an influencing factor.

In 2017, 1.074 billion yuan of compressor purchases in Gree Electric came from Haili; In 2018, Gree Electric listed Haili shares for the second time, and the business cooperation between the two parties reached its peak. In that year, Haili shares sold products to Gree Electric for 3.028 billion yuan, accounting for about 26% of its total revenue.

From 2019 to 2023, the sales of Haili shares to Gree Electric were 2.678 billion yuan, 1.810 billion yuan, 2.311 billion yuan, 1.581 billion yuan and 1.093 billion yuan, respectively, and the overall sales continued to decline.

Although Dong Mingzhu has publicly stated that he "hopes to make Haili bigger", Gree Electric’s purchase from Haili shares has been declining since then. In the same period, the operating performance of Haili shares also showed a downward trend. In 2022, the net profit decreased by 89.02% year-on-year, and in 2023, the net profit decreased by 13.94% year-on-year. In the market’s view, the space for strategic cooperation between the two sides has become smaller and smaller, and the strategic goal of Gree Electric’s original shareholding may be difficult to achieve, so it is reasonable to reduce its shareholding.

Editor: Li Dan

Proofreading: Yao Yuan

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There are many options for gasoline cars now, as we said today. Next, let’s take a look with Xiaobian.

Let’s look at the appearance of Binyue first. Binyue’s front face looks very unique, and with the three-piece air intake grille, people will never forget it. Headlights are young and fashionable, and the overall look has a certain sense of hierarchy. The car is equipped with LED daytime running lights, automatic opening and closing, delayed closing and so on. Come to the car side, the car body size is 4330MM*1800MM*1609MM, the car uses eye-catching lines, the car side looks very elegant, with large-sized thick-walled tires, the shape is quite atmospheric. In the rear part, the rear looks sharp, and the taillights show a capable design style. Together with the bilateral double exhaust pipes, it is still relatively sharp in general.

Coming to Binyue car, Binyue interior looks very fashionable and simple, full of fighting atmosphere. The steering wheel design of the car is very elegant, made of leather, and the grip is good. Take a look at the central control. The car is equipped with a stylish and simple touch-sensitive LCD central control screen, which makes the interior design quite layered and conforms to the mainstream aesthetics. The interior feels good. Let’s take a look at the dashboard and seats. The dashboard of the car presents a lovely design style, highlighting the trendy temperament. The car uses a leather-like seat, which is wrapped in place and comfortable.

Binyue is matched with CVT gearbox, with the maximum power of 93KW and the maximum torque of 152N.m, and the power performance is good.

The space in the back row of Binyue is still spacious, and there is a certain margin in the head and legs, which can be said to be more than enough for daily use. In addition, the car is equipped with anti-lock braking system (ABS), LED daytime running lights, brake assist (EBA/BAS, etc.), braking force distribution (EBD), traction control (ASR/TCS, etc.), main driver airbag and co-pilot airbag.

After reading the above description, Xiaobian will make a summary. The car introduced today is not only eye-catching in space, but also has reached the mainstream level in various configurations, and there is nothing to be picky about driving experience and space experience.

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The design of Mercedes-Benz EQE continues the elegance and luxury of family style, and the front face adopts a closed grille design, which shows its electric identity. The internal details of the grille are exquisite, and with the sharp LED headlights on both sides, the front face is very recognizable. The body lines are smooth, creating an atmosphere of dynamic and technological coexistence. The overall style is elegant without losing the sense of modernity, showing the brand-new features of Mercedes-Benz in the era of electrification.

Mercedes-Benz EQE has a body size of 4969*1906*1514mm and a wheelbase of 3120mm, showing a slender and elegant posture. The lines on the side of the car are smooth, extending from the headlights to the taillights, showing a unique sense of movement. The front and rear wheel tracks are 1634mm and 1645mm respectively, and the front and rear tyre size are both 255/45 R19. With the unique rim style, the whole vehicle looks more dynamic.

Mercedes-Benz EQE’s interior style is simple and full of science and technology, using high-quality materials and exquisite craftsmanship to create a high-end luxury atmosphere. The steering wheel is made of genuine leather, which has a delicate feel and supports electric up-and-down and front-and-back adjustment, providing drivers with extremely high comfort and convenience. The central control screen has a size of 12.8 inches, integrates the control functions of multimedia system, navigation, telephone, air conditioner and skylight, and supports voice recognition control system, so that drivers can operate easily. The seat is made of imitation leather. The main and auxiliary seats have various adjustment functions, such as front and rear adjustment, backrest adjustment, height adjustment (4 directions), leg rest adjustment and lumbar support (4 directions), and are also equipped with heating and ventilation functions to provide a full range of comfortable experience. The front seats also have electric memory function, which is convenient for drivers to quickly adjust to their favorite sitting position. In addition, the car is equipped with multiple Type-C interfaces, which meet the charging requirements of different devices, and also provide wireless charging function, which facilitates the charging of electronic devices such as mobile phones.

Mercedes-Benz EQE is equipped with an excellent electric engine with a maximum power of 300kW and a peak torque of 858 N m.. This powerful power output provides excellent acceleration performance and driving experience for the vehicle.

Car home car owners are full of praise for the interior of Mercedes-Benz EQE, and he thinks that the quality and luxury of the interior are a highlight of the car. "I am a custom-made solid wood, so I especially like the solid wood center console, which I am familiar with." He also spoke highly of the zero-level operation convenience of the central control panel, which made the vehicle more intelligent. In addition, the sports dashboard, atmosphere lights and simple metal air outlets all satisfied him. In a word, the interior design of Mercedes-Benz EQE fully demonstrates its luxury and sense of technology.

　　[Striving forward in the direction guided by the General Secretary, the integration of culture and technology in the past five years]

　　In the face of increasingly fierce international competition, we must put innovation at the core of the overall development of the country and constantly promote innovation in theory, system, science and technology and culture.

　　— — Excerpt from the speech of the Supreme Leader General Secretary at the symposium of intellectuals, model workers and youth representatives on April 26th, 2016.

　　Recently, the planning scheme of "China Sound Valley" was unveiled in Hefei, Anhui Province, focusing on the intelligent voice industry and building strategic emerging industries, which not only releases the imagination of cultural creativity, but also stimulates the support of scientific and technological innovation. It is estimated that by 2020, the operating income of "China Sound Valley" enterprises will reach 100 billion yuan, with an average annual growth rate of 40%.

　　Since the 18th National Congress of the Communist Party of China, China’s culture and scientific and technological development have been deeply integrated, and cultural creativity and scientific and technological innovation have produced a "chemical reaction", which not only brought new changes in the cultural field, but also injected new kinetic energy into the social economy. It not only brings the collision and agitation of ideas, but also provides a new scheme and path for reform and development.

　　Realize the transformation and upgrading of cultural construction.

　　The "singing microphone" with black head and red body makes KTV palm-shaped and free-spirited. Its design implies that "every singer can become the king in his heart with the protection of the microphone"; The kernel technology adopts intelligent audio processing chip and dual noise reduction function, which greatly improves the quality of music, integrates into people’s daily life more professionally, conveniently and fashionably, and helps upgrade the traditional music industry and KTV industry.

　　There is more than a small "singing microphone" that combines the "face" of cultural creativity and the "lining" of technological innovation. In the past five years, cultural industries such as art inspection, museum exhibition, dance design, film equipment, printing and publishing have also inserted the wings of science and technology, and "transformed" through scientific and technological innovation to achieve industrial upgrading.

　　The traditional publishing industry has given full play to the guiding role of financial funds, implemented a number of transformation and upgrading projects, accelerated the construction of platforms such as technical support services, content resource management, data sharing and knowledge services, and achieved phased results in the digital transformation and upgrading of the publishing industry.

　　In the field of public cultural services, the cultural sharing project combines traditional library services with public electronic reading room services, and the network covers urban and rural areas, and also directly reaches remote villages and towns, improving the imbalance of public cultural services at the grassroots level in China.

　　From the innovation of service form to the innovation of content construction, from the innovation of communication means to the innovation of management mechanism, science and technology promote cultural innovation, further liberate and develop cultural productivity, and better meet the growing spiritual and cultural needs of grassroots people.

　　Enlarge the fission effect of Internet cultural industry.

　　On September 17th, Tencent Pictures released 43 films in one breath, covering pan-entertainment projects with full copyright linkage such as movies, TV dramas and online dramas, and well-known IP lists such as Shanghai Fortress, Tibetan Code and Journey to the West are famous. Tencent’s "big hand" comes from the new concept of "not doing film and television in isolation, but being an open content platform"; The "confidence" of Tencent Pictures comes from the strategic layout of "not being a traditional film and television company, but based on the pan-entertainment cultural ecology".

　　Tencent Pictures is striding towards "Disney" in China, catching up with the new opportunities and good times when the Internet platform gave birth to the "Big Mac" of cultural enterprises, and further improving the market competitiveness of cultural enterprises. Since the 18th National Congress of the Communist Party of China, emerging cultural formats such as online literature, online music, online movies, online performances and online animation have developed rapidly, gathering new momentum for the development of cultural industries.

　　2016 is called "the first year of live broadcast". As soon as the new live broadcast was unveiled, the industrial boundary continued to expand, from entertainment to all aspects of production and life. In just one year, the output value of the live broadcast industry has exceeded 50 billion yuan, exceeding the box office of movies and amplifying the fission effect of the Internet cultural industry.

　　At the first China "Internet Literature Plus" conference held in Beijing, a set of data showed people a "new version" of China’s online literature industry. In 2016, the number of online literature users in China exceeded 300 million, and 40 major online literature websites launched 14.548 million works, with a market scale of 9 billion yuan. With the cultivation of paid reading users, the deep development and multiple utilization of original works IP, online literature will be in a golden period of development in the next decade, which will create greater spiritual and material value.

　　Taking online literature as the origin, it extends to TV series, games, animation and other industrial chains, detonating the value of creativity and stories. In 2016, the business income of the cultural information transmission service industry with "internet plus" as the main form increased by more than 30% year-on-year. Internet technology has enriched the channels of cultural consumption, changed the mode of production of cultural industries, expanded the cultural market, and spread the "China Story" and "China Spirit" quickly and powerfully.

　　Meet the new wave of integration and development

　　Traditional brocade technology can only show more than 20 colors, while brocade using digital technology can show nearly a thousand colors. The national cultural innovation project "Silk Brocade Cultural Creativity and Technological Innovation and Demonstration Promotion", in addition to technological innovation, also tries to build a research and development platform for modern brocade cultural creative products, integrate modern painting artistic content and visual design, and enrich product themes and cultural connotations. This technology, which is full of cultural elements and scientific and technological contents, has developed more than 200 series products in five categories: tourist souvenirs, brocade thangka, art derivatives, dress cheongsam and home decoration products in more than two years, initially forming a digital production line with an annual output of 100,000 pieces of brocade crafts, which has enabled traditional crafts to realize cultural creativity and technological innovation in the new era.

　　Science and technology are hard power and culture is soft power; Scientific and technological innovation optimizes the use function of products, and cultural creativity enhances the added value of products; Scientific and technological innovation meets the needs of utensils, while cultural creativity goes straight to the heart, touches emotions and meets spiritual and cultural needs; Scientific and technological innovation should be good, and cultural creativity should be beautiful.

　　Cultural creativity and technological innovation are like two sides of the same coin, which complement each other; Cultural creativity and scientific and technological innovation are the two major driving forces of cross-industry and cross-domain product innovation, just like one body and two wings, taking off across borders. Virtual technologies such as 3D, VR, AR, MR, artificial intelligence, big data and other new terms will change the future production and life and form an imaginative economy. With the deep integration and development of culture and technology, we can build new products and services as long as we want and can do it, and promote industrial exchanges and upgrading.

　　The power of cultural and technological integration should not be underestimated. In the 13th Five-Year National Strategic Emerging Industry Development Plan issued by the State Council in December 2016, the "digital creative industry" was listed as one of the five new pillar industries with an output value of 10 trillion yuan for the first time. Under the guidance of the basic strategic idea of "cultural and technological integration", we will build a public service system of the whole industrial chain based on digital technology, and help the transformation of China’s economic development mode through the integration with the real economy.

　　Count these five years.

　　In recent years, the cultural information transmission service industry with "internet plus" as the main form has developed rapidly, and the added value will be realized in 2015.2858Billion yuan, an increase over 2013.1055100 million yuan, with an average annual growth rate of25.9%. In 2016, the cultural service industry grew rapidly, and the operating income of the cultural information transmission service industry with "internet plus" as the main form.5752Billion yuan, growth30.3%.

　　(Reporter Zhang Yuling)

There is a unique and rare animal in China called golden monkey. This kind of clever, lively and lovely monkey is a national first-class protected animal and a favorite in people’s minds.

Golden monkeys usually live in mountains or forests. They like to live in big trees and stay away from the noise of the human world. The golden monkey is curious and full of interest in anything new.

The golden monkey is a national first-class protected animal. They have sensitive hearing and vision, and can quickly respond to anything that happens around them. Golden monkey cubs are good at imitating humans. They can not only hold food with their hands, but also operate tools simply.

Golden monkeys are good at socializing and communicating. They express their inner thoughts by making different sounds, such as warning to their peers, courtship, and alarm when they are in danger. They communicate with each other by making sounds and body language, and connect with each other. Little golden silk monkeys playing and jumping are almost moving in groups. They depend on each other and always help each other to ensure the safety of the whole group in the face of danger.

Golden monkey pays great attention to hygiene and cleanliness. They often use insects to remove all kinds of parasites from themselves and comb their hair with saliva to ensure that the hair color is clean and beautiful. …

The photos of golden monkeys in Shennongjia in spring, summer, autumn and winter recorded the behaviors, joys and sorrows of golden monkeys from all aspects. Because Shennongjia area is vast and sparsely populated, and the number of golden monkeys is small, it belongs to the national first-class protected animals, so this group of pictures is very valuable.

Patrol

Shennongjia in winter is covered with snow. Because the golden monkey family has its own territory, and this male golden monkey is even more majestic when he walks through the thick snow to patrol his territory.

Emotional communication

Golden monkeys have the habit of grooming each other all year round, so as to consolidate and develop their feelings. This male golden monkey is lying on the snow, with one leg up high, and let his "wife" cut his hair. The male golden monkey’s eyes are slightly closed, so he looks relaxed and proud.

Mother and child observation

Golden monkeys belong to arboreal animals, and they live in forests above 1800 meters above sea level all the year round. The female golden monkey in the picture is sitting on a high branch with her baby monkey in her arms. The baby monkey opens her mouth and looks around, showing that she is surprised by everything around her.

Race walking

An underage monkey stands and walks behind his mother, like an athlete running.

Snuggle up

In the snow, the little golden silk monkey snuggled in its mother’s arms, conveying the deep friendship between the mother monkey and the young monkey.

Whistling monkey

Golden monkeys belong to arboreal social animals, and they have strict order and division of labor. This golden monkey, who is responsible for "security" on a branch, is very vigilant and often looks around.

Exclusive

Sichuan golden monkey has mating behavior all year round, but it only plays a reproductive role in mating season. Female golden monkey has estrus synchronization, that is, there may be multiple females in estrus at the same time on the same day of mating season. Females have no obvious estrus traits, but they have invitation behavior, that is, most of the mating behavior is made by females in a prostrate posture, while males are invited. The world of golden monkeys mainly pursues "polygamy". The pregnancy of female monkeys is about 7 months, and the reproductive rate is low. In the picture, this monkey king is mating with a female monkey.

Pose

The mother monkey is sitting on the grass with her baby monkey in her arms. The young monkey’s eyes are wide open and look straight ahead. Holding his head in his left hand, he posed as a model.

Go your own way

Golden monkey young monkeys generally have the habit of being curious and active. In the picture, one golden monkey looks at the front curiously, while the other two golden monkey young monkeys are fighting for food, and the three golden monkeys form a contrast between reality and reality.

Jump

When golden monkeys jump in the forest, they usually shake the trees hard first and then jump. I used the camera to freeze this golden monkey leap photo.

Sisters

Two young monkeys of similar age are crawling on the tree and looking in the same direction. What are they looking for?

Prepare for battle

Golden monkeys usually live in the forest as a family. Different families often have conflicts over food and sexual behavior. This monkey king and his members send a signal of fighting to each other, and the two golden monkeys are eager to try.

Debut

The golden monkey posed as a model and asked the photographer to take pictures of it.

I want to sing

In spring, young monkeys climb on trees and open their mouths as if to say "I want to sing".

Head-up

This golden monkey, who once participated in the "Monkey King Championship", suffered an eye injury. He lay down on the snow and looked straight ahead, and asked the photographer to take pictures of him.

Holding a group to keep warm

In winter in Shennongjia, it is snowy and the temperature is cold. The golden monkeys hold a group to keep warm.

Wait and see

In the snow and on the branches, what is this golden monkey watching?

I want to leap

The golden monkey will shake the branches before jumping, jump forward with the help of the elasticity of the branches, then grab the branches in front and climb the treetops quickly.

Gentleman’s demeanor

Young golden monkey often imitates human beings, and sometimes it can stand and walk, so it looks like a gentleman.

Delicious

Spring has come and everything is revived. This golden monkey who has survived the cold winter eats a lot of leaves and grass. It looks really cute with relish.

Brief introduction of the author

Chen Jinwu is from Nanzhang County, Xiangyang City, Hubei Province. Member of China Photographers Association, member of China Photography Copyright Association, member of Hubei Photographers Association, member of Entrepreneur Photography Association (Shenzhen), student of the 25th Art Class of Shenzhen Branch of Beijing Film Correspondence College, and consultant of Shennongjia Forest Photographers Association.

END

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