1: This is the truth that led to Lin Qingxia’s divorce. Xing Liji: I want to make a will

On April 15, someone broke the news that Lin Qingxia’s husband Xing Lijing had a mistress outside and gave birth to an illegitimate child. In fact, it is not very uncommon for men to have extramarital affairs now, and Xing Lijing is also on the Forbes Global Billionaires List ", but it is unimaginable that Lin Qingxia tolerated her husband Xing Lijing’s affair for 20 years.

In fact, this matter has to start from 1992. Lin Qingxia met Hong Kong wealthy businessman Xing Lijing at a party. After a period of time together, Xing Lijing was deeply attracted to this poetic woman Lin Qingxia, so she launched a confession and marriage ceremony. Lin Qingxia may have felt that their understanding was not enough to advance to the point of marriage, so she rejected Xing Lijing, but something happened later that made Lin Qingxia completely accept Xing Lijing in her heart.

Not long after rejecting Xing Lijing at that time, Lin Qingxia was going to Shanghai to film a play. After a long time of hard work and irregular diet, Lin Qingxia’s body was in a state of illness and was hospitalized. Xing Lijing, who learned the news, immediately put down all the work at hand to take care of Lin Qingxia, and brought Lin Qingxia’s favorite hairy crab from the local area. At that time, Lin Qingxia was quite touched. After much deliberation and testing, Lin Qingxia finally agreed to Xing Lijing’s marriage proposal half a year later, and the two began a sweet love affair.

On June 29, 1994, Lin Qingxia and Xing Liji held their wedding in San Francisco, USA. At that time, the number of people invited was not large. Except for their relatives, the rest were their very good friends.

After the two got married, Xing Liji also loved Lin Qingxia very much. He bought all the best things for Lin Qingxia, such as gems the size of pigeon eggs, mansions, etc., just to win Lin Qingxia’s happiness and love. On January 2, 1996, Lin Qingxia gave birth to a daughter for Xing Liji, named Xing Ailin. This name also wanted to let each other know their love for each other.

After a lapse of five years, in 2001, Lin Qingxia gave birth to a daughter for Xing Lihui again, named Xing Yanai. At that time, Lin Qingxia was already 47 years old and had already entered the age of advanced maternal age, but she was willing to take the risk again to give birth to a child for Xing Lihui, which is enough to show the relationship between the two.

After that, the lives of the two were seen by everyone on the screen. The attendance of various business circles, the dazzling array of jewelry, luxury cars, and luxury houses were given to each other, showing love and sweetness, which made people envious. But yesterday, April 15th, someone broke the news that Lin Qingxia was forced to divorce, and the third mother was expensive.

According to the revelation: Xing Liji cheated on her marriage, and the woman even gave birth to a son. The whistleblower said that his friend and wife worked in Lin Qingxia’s husband’s company 20 years ago. Everyone knows about Xing Liji’s adoption of "Xiaosan". The company said that Xiaosan is in the company and works. It can be said that she is young and beautiful. Her work in the company is mainly responsible for training. After the two were together, the woman gave birth to a son for Xing Liji and has been raising him in Shanghai. The most infuriating thing is that Xiaosan’s arrogance has provoked Lin Qingxia many times.

It is said that as early as around 2001, Xing Lihui had already cheated, and after Lin Qingxia gave birth to her second child, the third child also gave birth smoothly. Compared with Lin Qingxia, both children were daughters, and the third child also relied on Xing Lihui to give birth to a son, which was particularly valued by Xing Liji. It was precisely for this reason that the third child dared to provoke Lin Qingxia many times and forced her to divorce.

At that time, Xing Liji’s love for Lin Qingxia had not subsided, so Xiao San’s "conspiracy" did not succeed, but it is different today.

If the revelations were true, Xing Liji’s illegitimate son was in his early 20s this year. As the only male in Xing Liji’s family, Xing Liji would not let his son carry the stigma of "illegitimate child" all the time. In addition, Xing Liji’s huge industry also needs to be inherited and passed down.

According to relevant reports: Xing Li, chairman of the board of directors of Hong Kong Esprit Global Holdings, the 875th place on the Forbes global billionaire list, sits on 14 billion assets, which is also a top priority for Xing Li, while Lin Qingxia has worked hard for many years but did not give Xing Li a son. According to the traditional concept of China for thousands of years, the inheritance of the family business must be male first. Some people broke the news that Xing Li made a will and wanted to distribute the property to his son. He also wanted his son to manage the family business justifiably, which led to the "forced palace" original match, the little third mother is expensive by the child, and the upper position is successful.

In fact, before marrying Xing Liji, Lin Qingxia’s love history was also complicated, entangled for many years but ended in vain. Among them, the most attention was the love entanglement with Qin and Han Dynasties.

2: Qin Han: "I can’t lose you, but I love Lin Qingxia very much

In 1972, when Lin Qingxia was filming her first film "Outside the Window", she developed feelings for Qin Han, a married man who also starred in the film.

Before Lin Qingxia met Qin Han himself, she was his fan girl. This time, Lin Qingxia was even more infatuated with him. During the filming process, there were kissing scenes.

But at that time, Qin Han was already a married man. His wife was white and beautiful, and her family had money and power. Her power should not be underestimated.

Lin Qingxia "lost to" ignorance and ignorance. Knowing that Qin Han already had a family, she still fell in love with him without hesitation, and did not hesitate to bear the infamy of "Xiao San" to be together. Her mother really couldn’t see it, and explained to the media on the spot: The two are just colleagues at work, and nothing else is possible.

At that time, Qin Han was in love with Lin Qingxia, both of whom were reluctant to give up. The public opinion grew louder and louder. Qin Han’s wife also knew about it. Qin Han thought for a while and confessed to his wife: I can’t lose you, but I love Lin Qingxia very much.

It just so happened that the overwhelming public opinion commented on the two. Under the public opinion, Qin Han did not come forward to defend Lin Qingxia. In a fit of anger, Lin Qingxia chose to break up. This relationship ended for the first time.

In 1978, Qiong Yao’s new work "A Red Bean" began filming, and the actors were Qin Han and Lin Qingxia. The two reunited again, and they loved each other. The reunion rekindled the old relationship between the two, regardless of gossip, and insisted on being together. At that time, Qin Han proposed divorce to his wife for Lin Qingxia many times. The wife said: You can get a divorce, but Qin and Han are not allowed to remarry within 10 years. Qin and Han repeatedly rejected his wife, but it angered Lin Qingxia. She could not see the hope of being with Qin and Han and flew to the United States to live.

In order to recover his true love for Lin Qingxia, Qin Han finally got the divorce certificate after many efforts. After that, he simply packed his bags and immediately flew to the United States to find Lin Qingxia.

After several on-again, off-again, together again, the two have no identity shackles to accompany, and they are together without any worries. No matter how beautiful love is, it can’t be worth the firewood, rice, oil and salt of the long years. After the two got back together for half a year, there were many fierce quarrels, and finally the two broke up and said goodbye to each other completely.

3: Lin Qingxia is "a complete exhibitionist". Directly scare away friend Zhang Shuping

The ups and downs of love made Lin Qingxia meet her current male girlfriend Zhang Shuping by chance. The two gradually became friends who talked about everything. When Lin Qingxia was frustrated in her relationship, she cried to Zhang Shuping. After a long time, the relationship between the two became closer and closer.

According to the news, on Lin Qingxia’s 66th birthday, Lin Qingxia’s new book happened to be released on the same day. In the book, Lin Qingxia talked loudly about her feelings with her male best friend Zhang Shuping, and even ignored her rich husband Xing Li < unk >. Lin Qingxia claimed that she had shared nude photos with her friend Zhang Shuping and asked him if he "looked good". Zhang Shuping was directly scared away. Later, Lin Qingxia became a complete exhibitionist. Later, Lin Qingxia broke the news that she had also distributed swimsuit photos to the neighborhood. I don’t know if Lin Qingxia’s long American career changed Lin Qingxia’s conservative traditional concept and became enthusiastic.

4: 1.80 billion mansion turned to ashes overnight, Lin Qingxia understated: They are all very good, Lin Qingxia and her husband Xing Liji, how rich are they?

In the first half of 2022, the news of a fire house attracted attention. The White Goose Mountain mid-level mansion in Taiwan suddenly caught fire at 0:00 in the morning. The mansion covers an area of 4645 square meters on three floors, and the owner of the mansion is Lin Qingxia. It was a gift from her husband Xing Li < unk > to Lin Qingxia at the age of 60 and the 20th anniversary. It is said that the total value is as high as 1.10 billion Hong Kong dollars.

The mansion was surrounded by beautiful scenery and was very suitable for living. When Xing Liwei bought this mansion, he considered Lin Qingxia’s personal safety the most. High walls, gates, barbed wire, sensors, and alarms were installed outside the house.

The fire broke out at that time, but fortunately there were no casualties. The 18 servants, plus the two drivers, were all safe and sound. When Lin Qingxia was interviewed at that time, she just said lightly: All are well, thank you for your concern. There was no sign of sadness about the loss of the mansion.

It is said that at that time, there were a total of 18 servants in the mansion, and each person’s monthly salary started at 5000, and the salary of a moonlight was as high as 90,000, as well as the cost of cats and dogs. About thirty or forty thousand yuan a month, and the cost of a moonlight mansion is about 500,000.

According to reports, Lin Qingxia’s husband Xing Li Bing ranked 875 on the 2020 Forbes Global Billionaires List with a fortune of $2.40 billion in 2020. In 2021, he was listed as the 34th richest gang in Hong Kong, China. It shows that his strong strength and strong family background make Lin Qingxia, who only had two daughters, only end in divorce in his later years.

5: In the face of Xiaosan’s provocation, Lin Qingxia can face it calmly, in fact, there is a reason

On April 15th, Lin Qingxia was exposed and was forced to take the position by the third child. In fact, Lin Qingxia did not put it in her heart at all for the various coercion and inducement of the third child, and the means of door-to-door demonstration. Lin Qingxia could face the yelling and nonsense of the third child calmly and compete with it for many years. This is closely related to Lin Qingxia’s love history over the years and her years in the entertainment industry.

Everyone knows that Lin Qingxia used to be the most beautiful woman in Hong Kong, and she attracted much attention everywhere. First, she fell in love with her first love, Goufeng, who was also a famous singer at that time. At that time, Lin Qingxia was only 18 years old. It was considered a puppy love. Usually, puppy love is fruitless. After a period of sweet love, the two ended up in vain.

Later, Lin Qingxia became a married Qin Han because of the play, and the two quickly fell in love, regardless of public opinion and moral judgment. Lin Qingxia also walked with Qin Han as a mistress.

The scene of dog blood is that the 28-year-old Qin Xianglin and Xiao Fangfang divorced soon and were fortunate to meet Lin Qingxia. Whether it was love at first sight or a sexual uprising, Qin Xianglin was deeply attracted by Lin Qingxia’s beauty, so he launched a strong pursuit.

Qin Han, Qin Xianglin, and Lin Qingxia’s complex "love triangle" relationship has been entangled with each other for many years. They have all had each other, and they have not been able to grow old together as they wished.

During this period, Lin Qingxia also had a rather dull love affair with Zhao Ning, the author of "Crown" magazine. The two only had a beginning and an end, without an earth-shattering process. Later, they were in love with their current husband, Xing Li, but they both failed to fulfill their original vows to grow old.

Therefore, when it comes to the mistress who cheated on her marriage, Lin Qingxia will not pay attention to her many times of door-to-door provocation and shouting. It is like watching a "jumping clown". Even if you have thousands of measurements, I can’t stand it. My heart is like a rock, and I don’t move at all. If it wasn’t for her husband Xing Lihui’s justification for his son’s name, it might not have been possible for her to rise to the top.

Responsible editor:

　As the youngest of Fan Xian’s six fathers, Tong Mengshi played Wuzhu, and audiences have been eagerly anticipating his appearance since the broadcast of "Qingyu Nian 2". According to Tong Mengshi, in addition to makeup and rest, 90% of the time on the set is to wear blindfolds, which are almost completely invisible during night scenes, and need to rely on audible identification to complete the performance. During the day, you can follow the figure while filming blindfolded, but at night it is more troublesome and requires repeated shots. This extreme interpretation method and the difficulty of performing make Wuzhu’s role more engaging, but it also tests the actor’s acting skills.

　　As a robot, Wuzhu itself is fundamentally different from humans in terms of emotion, cognition and behavior. When interpreting Wuzhu, Tong Mengshi is required to present the robot’s mechanical characteristics and artificial intelligence behavior patterns through precise body control, suppression of emotional expression and special processing of voice. In terms of body language, Tong Mengshi makes the audience feel the non-human characteristics of the character through repeated and meticulous practice. Every shot of Wuzhu is precise and decisive, like a sharp sword unsheathed, showing its sharp edge. In terms of language performance, Tong Mengshi’s feeling of language frustration in the corner of Wuzhu is also in place. The electronic voice and intonation of the character design enhance the character’s convincing power, allowing the audience to enter the play in one second.

　　The segment that moved the audience was the mutual trust between Wuzhu and Fan Xian. On the wedding night, Wuzhu secretly sneaked into Fan’s mansion to give advice. Wuzhu, who was confused with memory, didn’t even dare to believe himself, but still chose to protect and trust Fan Xian. He was no longer the mechanical existence who would only follow orders and perform tasks, but a living individual with his own thoughts, emotions and choices. In terms of emotional expression, Tong Mengshi skillfully completed Wuzhu’s evolution from rationality to sensibility, not only maintaining the essential characteristics of the robot, but also showing its gradually awakening human face, adding human warmth to the cold and treacherous world of martial arts.

　　Tong Mengshi’s portrayal of the character of Wuzhu in "Qingyu Nian 2" reflects a high degree of physical training and emotional regulation ability, and has a deep understanding and analysis of the role of Wuzhu, which is affectionately called "Xiao Zhuzhu" by the audience. Next, Tong Mengshi also has "National Color Youth", "Qianqiu Ling", "New God Condor Heroes", "Fox Demon Little Matchmaker King Power", "Young White Horse Drunk Spring Breeze" and "Real Warrior" to be broadcast, which is worth looking forward to.

Disclaimer:

The purpose of reprinting this article is to convey more information and does not represent the views and positions of this website.

The content of the article is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk.

CCTV NewsWhat is it?On the 18th.The State Council’s regular policy briefing will introduce the guiding opinions on safeguarding the labor security rights and interests of workers in new employment forms.

At present, there are 236 online car-hailing platform enterprises in the country, and more than 3.51 million licensed online car-hailing drivers. However, after individual online car-hailing platforms have gained market dominance, they can adjust the pricing rules and other business strategies at will, and set too high a proportion, which induces drivers to work overtime and drive fatigued, infringing on the driver’s labor rights and interests such as labor remuneration and rest.

In response to these problems, the Ministry of Transport will combine the actual situation of the reform and development of the online car-hailing industry, and work with relevant departments to accelerate the implementation of various measures in the "Guiding Opinions" to effectively protect the labor rights and interests of online car-hailing drivers and other groups. The key points include four aspects:

The first is to consolidate the main responsibility of the platform enterprise, guide and supervise the online car-hailing platform enterprises to employ workers in compliance with the law, adopt more employment contract employment methods, implement the responsibility of protecting the rights and interests of drivers, and reasonably determine the rights and obligations between the platform and the driver.

The second is to standardize the business behavior of platform enterprises, requiring online car-hailing platform enterprises to standardize their independent pricing behavior, reduce the excessive proportion of the commission, strengthen communication and negotiation with drivers, set the upper limit of the commission, and announce it to the public.

The third is to ensure the reasonable labor compensation of drivers, and to urge online car-hailing platform enterprises to comprehensively consider factors such as the nature of work, labor intensity, work tasks, local average wages, and market operating conditions, and reasonably determine the driver’s labor compensation standards and make them known to the public.

The fourth is to protect the driver’s reasonable rest rights and interests, requiring online car-hailing platform enterprises to continuously optimize the dispatch mechanism, improve the operation efficiency of the vehicle during the online period as much as possible, scientifically determine the driver’s working hours and labor intensity, avoid overtime labor and fatigue driving, and effectively safeguard the rights and interests of the majority of online car-hailing drivers.

　　[Aika Automobile, Industry Information, Original]

　　Hengchi, a brand owned by Evergrande, recently posted a message on its official Weibo account about "recruitment of authorized agents".

　　For the standard of building a store, Hengchi Automobile requires an exhibition hall area of 200-300 square meters and a display area of more than 150 square meters. In terms of agent qualification requirements, Hengchi Automobile requires agents to agree with Hengchi Automobile’s business philosophy and sales model, be confident in the cause, and be willing to invest in long-term common development; Registered by the national industrial and commercial administration, with independent legal personality and legal business certificate, and the registered capital is not less than 5 million yuan; Have a venue to meet the business needs of Hengchi Automobile; Can form a qualified management team; Good business conditions and sufficient financial strength.

　　There are 18 cities for this investment promotion, namely Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu, Hangzhou, Chongqing, Xi’an, Suzhou, Wuhan, Nanjing, Tianjin, Zhengzhou, Changsha, Dongguan, Foshan, Qingdao and Haikou.

　　The sales model of Hengchi Automobile specifically includes three aspects: order-based sales and asset-light operation, requiring the exhibition hall to be small, precise and located in the automobile business district, and a unified retail price to ensure sales profits.

　　According to the progress previously revealed by the official, the work of the first car (|) is progressing smoothly, and the pre-sale is about to be fully launched. Xu Jiayin also requested that the mass production of Hengchi 5 must be completed before June 22, laying a solid foundation for the healthy and sustainable development of Hengda Automobile.

　　Editor’s comment:Entering the new energy vehicle market, Hengda seems to have been well-prepared again and again, but after the official sale of Hengda vehicles, we still don’t know the specific sales situation.

Highlights Review:

Hengchi 5 configuration information is exposed, listed or has been put on the agenda

Pioneer out, first to explore the store Hengchi Auto & real shot Hengchi 5

Hengda Automobile’s first model, Hengchi 5, officially rolled off the assembly line

　　Data Source: iiMedia Consulting

　　core reading

　　In recent years, with the continuous improvement of consumers’ demand for instant time saving, instant logistics with errands as the main form is booming, and the market scale is growing rapidly.

　　From "food delivery" to "delivery of all things", consumers’ demand for errand handling services is becoming more and more personalized and diverse, and relevant policies and measures have been introduced one after another to help the healthy and orderly development of the industry.

　　Forgot to bring items, use "errands" to help pick up and deliver; on holidays, call a "errand" to send flowers; can’t get out, place an order for "errands" to help pick up numbers… With the continuous improvement of consumers’ immediate time-saving needs, to provide non-standardized new forms of service such as intra-city pickup, purchasing goods on behalf of others, and helping with affairs – errand services are on the rise.

　　Recently, the 2022 China errand economy market insight report (hereinafter referred to as the "report") released by relevant consulting institutions shows that the market size of our country’s errand economy will reach 13.10 billion yuan in 2021, and it is expected to reach 66.40 billion yuan in 2025.

　　As a new form of service derived from instant logistics, why did errand services rise rapidly? How can we continue to stimulate market potential? In response to these questions, the reporter conducted in-depth interviews.

　　From "Delivery" to "Delivery of Everything"

　　The service scene is wider and the demand is stronger

　　"It’s so convenient to pick up the key at the door in 10 minutes, and deliver it to your parents’ house in 30 minutes!" Recently, Mr. Li from Shanghai’s Pudong New Area found that he had forgotten to return the key to the renovation of the new house to his parents. He sent a round-trip trip of nearly 30 kilometers, so he placed an order through Dada Express to run errands. "Door-to-door at an agreed time, delivered on time and safely, economical and convenient."

　　Zhang Yanyan, a *******-based Meituan errand delivery worker, feels the strong demand for errand services. "The ****** is just right, and many consumers go out to enjoy the ******. In recent days, the number ** errand orders delivered to scenic spots has risen rapidly. Since April this year, I have run errands in the urban area for more than 1,000 kilometers." Zhang Yanyan said that the errand job ** helping to deliver forgotten ID cards, picking up parasols, queuing in advance, not only brings convenience to users, but also gains the value ** helping others.

　　The "rush, busy, forget" in work and life has become a typical demand scenario for errand services. Data show that 38.4% of consumers use errands to pick up and deliver because they forgot to bring items; 37.3% of consumers use errands to buy things; in addition, the demand for queuing and sending documents is also gradually increasing.

　　At the same time, the errand service has a strong holiday attribute. More consumers send gifts and help with errand services to convey their hearts and minds on important festivals. Data show that during the "March 8th" International Working Women’s Day this year, the delivery order volume of flowers and cakes on the Dada Express delivery platform nearly doubled year-on-year.

　　From the perspective of consumer groups, consumers in first- and second-tier cities have gradually formed the consumption habit of errand services. Consumers in third- and fourth-tier cities are gradually getting used to using errand services to enjoy the convenience of life. Among them, the post-80s and post-90s use services more frequently, and have become the main force of errand consumption. With the continuous expansion of the errand market and the growth in demand in small and medium-sized cities, errand services will enter more people’s daily lives.

　　"As an important part of real-time logistics, errand services are highly efficient, non-standard, regional and complex, and are mainly used to solve consumers’ temporary needs for cross-regional services in a small range." Wang Yuehan, director of the Industrial Economic Research Department of the Development Research Center of the State Post Bureau, introduced that from the perspective of service types, errand services are roughly divided into three types of services, such as intra-city pickup, intra-city purchasing, and help services. As consumers’ income levels improve and their personalized needs increase, the application scenarios of future errand services will continue to expand to meet more immediate service needs of consumers.

　　Supply and demand continue to force in both directions

　　The growth momentum of errand services is strong

　　In just a few years, how did errand services rise rapidly and become an indispensable part of people’s daily lives?

　　From the demand side, the explosion of immediate demand and the acceleration of consumption upgrades together constitute a strong driving force for the continuous growth of errand services.

　　"From food takeaway to retail supplies, and then to errand services, consumers’ demand for timeliness in consumption is constantly improving, and errand services include picking up and delivering goods in the same city, buying and helping in the same city, etc., which can meet consumers’ needs of staying at home and saving time." According to the relevant person in charge of Dada, it is estimated that in 2022, our country’s instant delivery orders will break 40 billion orders, and the user scale will break 750 million. This trend reflects that consumers’ demands for saving time and effort have gradually become rigid demand.

　　In Wang Yuehan’s opinion, with the improvement of the income level of residents in our country and the gradual emergence of young people as the main consumer, people’s requirements for life are upgraded from meeting basic needs to pursuing quality, and they have the ability and willingness to pay for services to obtain better products and a more leisurely life.

　　From the supply side, the abundant market capacity and logistics technology innovation have strongly supported the sustainable development of errand services.

　　The boundaries of the service network continue to expand. Thanks to more flexible employment methods, many errand platform enterprises have gained a large number of employees in a short period of time through crowdsourcing, and built a relatively extensive service network to support the development of large-scale and high-frequency errand services. For example, Dada Express’s local instant delivery business covers more than 2,600 counties (districts and cities) across the country, and millions of knights provide services to consumers, establishing a full-scene service system composed of instant distribution, floor distribution, and personal distribution.

　　The real-time delivery experience continues to be optimized. Some errand services rely on platform enterprises to organically integrate business flow, logistics, and information flow. By optimizing resource allocation, they promote supply and demand docking, effectively reduce the search cost between merchants and consumers, and improve the real-time delivery logistics experience.

　　By transforming the process of traditional logistics "receiving and transporting" into the direct delivery mode of "receiving" and "sending", SF Express combines the front warehouse layout to shorten the delivery radius, achieve "average 1 hour" city-wide delivery, and improve the efficiency of item delivery; relying on the Meituan "super brain" distribution system, users can automatically complete order matching, path planning and time estimation after placing an order, estimate the delivery time for each order, assign a suitable rider, and design a suitable pickup route for the rider to ensure the consumer experience.

　　Service 15 minutes life circle

　　Towards diversification, specialization, and orderly development

　　In the interview, many companies and experts are optimistic about the development prospects of errand services in our country. They said that in the future, with the rapid development of the local life service industry and the two-way force on both sides of supply and demand, errand services will play an important role in building a 15-minute life circle and play a positive role in facilitating people’s lives and promoting the development of merchants.

　　From the initial emergence and rapid development of the catering takeaway scene, the scope of errand services has gradually expanded from catering to retail categories such as supermarkets, daily necessities, and pharmaceuticals, and further expanded to non-standardized services. Wang Yuehan believes that from "delivery" to "delivery of all things", when the habit of using errands to pick up and deliver items is basically developed, consumers have more personalized and diverse non-standard needs for errand agency services, which will further promote the horizontal extension of service types.

　　In recent years, relevant policies and measures have been introduced one after another to help the healthy and orderly development of the industry. In August 2021, the "Action Plan for the High-Quality Development of Commercial and Trade Logistics (2021-2025) " issued by the Ministry of Commerce and other 9 departments mentioned that it is necessary to improve the front warehouse distribution, store distribution, instant delivery, online order store pickup, self-service pickup and other end distribution models. In January 2022, the National Development and Reform Commission issued the "14th Five-Year Plan" for the Construction of Modern Circulation System and proposed to improve urban distribution facilities and county and rural express logistics distribution systems, and improve the end network service capabilities.

　　Seizing market development opportunities, many companies continue to make efforts to distribute efficiency and service quality, and strengthen the errand economy in better meeting segmented needs. Meituan errands launched the "special person direct delivery" function, and riders only receive one order throughout the process to improve the delivery timeliness and delivery safety of goods; for key categories such as flower cakes, Dada Express is equipped with car delivery services, with an average delivery time of 20 minutes faster than electric vehicles.

　　As an emerging business, the errand economy is moving towards high-quality development, which still depends on continuously improving the service standard system and strengthening service quality inspection and evaluation. Wang Yuehan proposed that due to the wide variety and field of errand services, a regulatory mechanism should be built to adapt to the development of new business models of errand services, strengthen cross-departmental joint supervision, innovate supervision models, give full play to the role of smart supervision and credit supervision, and continuously promote the standardized development of services to create a fair and orderly competitive environment.

　　After the first phase of the announcement of the online car-hailing service rate ("commission"), Didi’s "Questions and Answers" launched the second phase of the content today, focusing on the price issues that drivers and passengers are generally concerned about. Guo Fei, technical director of Didi’s online car-hailing supply and demand strategy department, answered the factors that determine the price change of online car-hailing and solicited comments and suggestions from the public.

　　Guo Fei pointed out that, like the "fruit freedom" that has caused heated discussions in the media and netizens some time ago, the decrease in supply and extreme weather have led to the increase in the price of vegetables and fruits, and netizens have said that they cannot afford to eat fruits. The price of online car-hailing is affected by factors such as supply and demand, local consumption level, income level and energy price. Among them, supply and demand are the most important and complex factors. Passenger demand is stronger in morning and evening peaks, extreme weather, hot summer and cold, and driver willingness, compliance policies, safety and security will affect the supply of drivers. Any change in demand or supply will upset the original balance.

　　Guo Fei said that the relationship between supply and demand fundamentally determines the fluctuation of prices. Only when the demand for travel is growing rapidly, and the city continues to be in short supply and capacity shortage, the price needs to be raised. But when the supply and demand are balanced, random price increases will definitely reduce the demand for passengers to take a taxi, directly affecting the income of drivers and platforms, which also determines that Didi will not raise prices at will. Didi will continue to work hard to continuously explore the characteristics of temporal and spatial changes related to supply and demand and analyze the influencing factors, summarize the laws of supply and demand changes in the travel field; respect the market, so as to better serve users.

　　Since September last year, Didi has continued to strengthen dialogue and communication with the public, and has successively launched communication columns such as "Public Council", "Answers to Questions", and "Safe Release". Didi will continue to be open and transparent, and actively work with all sectors of society to build a safe and healthy travel ecosystem.

　　The following are the original questions and answers of Didi’s second "Ask and Answer":

　　What factors determine the price of a car on Didi?

　　(Guo Fei, Technical Director of Online Car-hailing Supply and Demand Strategy Department)

　　Passenger:

　　Taxi prices often change, so why should Didi adjust it?

　　Peak price increases, is Didi taking advantage of the fire?

　　Driver:

　　Oil prices are rising, and the air conditioner is turned on in summer. Should the fare be increased?

　　What should I do if I change the car and insurance after compliance, the cost is high and the income is less?

　　After answering the questions related to "platform service rates (commonly known as commissions) " in the last issue of "Questions and Answers", we received feedback and questions from many driver masters and passenger friends, including many of the above questions about online ride-hailing prices.

　　In fact, just like the "fruit freedom" that caused heated discussions in the media and netizens some time ago, the decrease in supply and extreme weather have led to the increase in the price of vegetables and fruits, and netizens have said that they cannot afford to eat fruits. The fluctuation of online car-hailing prices is also similar, which is affected by factors such as supply and demand conditions, local consumption levels, income levels and energy prices. Among them, the supply and demand situation is the most important and complex factor. Any change in demand or supply will upset the original balance.

　　Demand: Morning and evening peaks, extreme weather, heat and cold are more vigorous

　　There are travel tides in the city, not only is it difficult to take a taxi in the morning and evening peaks, but also in bad weather, extreme heat and cold and peak tourist seasons, using Didi to call a car will also encounter "queues", because there are more people taking a taxi at this time, and everyone hopes to travel conveniently and comfortably.

　　During the peak of the working day, or when the spring flowers are blooming and the autumn is cool, the number of people traveling by bus, subway, and bicycle will increase, and the number of people taking taxis will be relatively small. At this time, it is easier for passengers to order a car, but the driver’s perception is "less orders."

　　Supply: Affected by driver willingness, compliance policy, safety assurance, etc

　　During holidays such as the Spring Festival and National Day, drivers prefer to accompany their families or travel, rather than go out to take orders. However, in rainy days, severe road flooding or other extreme weather, for their own safety reasons and to avoid vehicle damage, the number of drivers leaving the car will also be greatly reduced.

　　Although the number of passengers taking taxis increases in summer, turning on the air conditioner will also significantly increase fuel consumption and increase additional costs. Therefore, drivers often decide whether to take orders based on their income, weather, traffic jams, etc., which also leads to constant changes in supply.

　　In addition, the implementation rules for the management of online car-hailing business services in various places have different regulations on the access of drivers and vehicles, and relatively few drivers meet this condition. Drivers change vehicles according to restrictions such as vehicle wheelbase, displacement, and vehicle price, and pay operating insurance, which also greatly increases costs, and even some drivers change careers as a result.

　　Another thing to note is that since last September, we have continued to upgrade our security, and we have intensively launched security measures such as late-night service driver standards, APP facial recognition, and in-car video recording equipment, which have also affected the supply to a certain extent.

　　Price adjustments help to ease the imbalance between supply and demand

　　When a city’s response rate continues to decline at certain times or throughout the day for a certain period of time, and the supply and demand are obviously out of balance, passengers will feel that it is difficult to get a taxi, and 3 out of every 10 taxis may not be called, as happened in Shenyang recently. When prices are appropriately raised, price-sensitive demand will be reduced, and at the same time, more drivers will be attracted and encouraged to get out of the car and go to hot spots to take orders. Supply and demand can be balanced. At present, most cities are in a state of more passengers and less drivers.

　　On the contrary, if a city has a long-term oversupply during certain periods or throughout the day, and drivers receive fewer orders for a long time, they will not be able to obtain a reasonable income. At this time, the price of online car-hailing is appropriately reduced, which not only allows passengers to get a ride at a cheaper price, but also guarantees the driver’s income. For example, in the first half of this year, the express train in Jiyuan, Henan Province, and the special car in Hefei, Anhui Province, and the special car in Urumqi, Xinjiang Province, have been oversupplied for a long time in some periods, so the starting price, mileage fee and duration fee for the corresponding period have been reduced.

　　The relationship between supply and demand fundamentally determines the fluctuation of prices. Prices need to be raised only when the demand for travel is growing rapidly, and the city continues to be in short supply and capacity shortage. But when supply and demand are in balance, random price increases will definitely reduce the demand for passengers to take a taxi, directly affecting the income of drivers and platforms, which also determines that Didi will not raise prices at will. Due to the continuous development of the economic level and urbanization process, the demand for travel and the labor and living costs of drivers in most cities continue to grow, so everyone will feel that prices have risen more and fallen less.

　　The supply and demand situation is complex and changeable, and we are still working hard to continuously explore the characteristics of spatiotemporal changes related to supply and demand and analyze the influencing factors, summarize the laws of supply and demand changes in the travel sector, and respect the market in order to better serve users.

　　On the morning of the 26th, it was revealed that the audience shouted refund for the #WubaiHefei concert. According to Nine Pai News Video, on November 24th in Hefei, Anhui Province, before the performance of the Wubai concert, many audience shouted "refund" because of unreasonable seating arrangements, which attracted widespread attention. On the 25th, an audience member said that he bought a VIP area of 1,280 yuan and was assigned to the V6 area. "The stage is recessed, and two large screens are added on each side. We can only see half of the stage on both sides of V5 and V6. The band behind us is basically invisible, and people can’t see it. The big screen looked up. Many fans said that they went to massage after watching it." It claims that the organizers did not inform them in advance of the risk of being blocked from view in zones V5 and V6.

　　Wubai concert scene. Video screenshot

　　This is not the first concert this year that has caused complaints because of the obstruction of the viewing location. Before this, the "pillar ticket" of Liang Jingru’s concert in Shanghai also attracted public attention. According to the upstream news, with the explosive recovery of the concert market this year, the old problems such as high-priced tickets, scalper tickets, and "pillar" tickets continue to appear, and with the "sinking market" of concerts, some chaos in concerts held in third- and fourth-tier cities has begun to appear.

　　The performance market will explode in 2023

　　According to statistics, the total box office of national commercial performances in the first half of 2023 increased by nearly seven times year-on-year, according to Beijing Youth Daily. According to data released by the China Performance Industry Association, the total number of national commercial performances in the first half of 2023 was 193,300, with a total box office of 16.793 billion yuan, an increase of 673.5% year-on-year. Recovery and growth have become the core keywords of the offline performance market. According to Crowley’s report data on the economic development of offline music performances in 2023, from February to March this year, the number of daily active users of Damai.com increased by 74% compared with the same period in 2019, 4 times more than the same period in 2022, setting a five-year high. During the same period, Barley sold 47,000 performances, which was 3 times that of 2019. The platform box office scale and ticket purchases increased by 127% and 87% respectively compared with the same period in 2019. The box office of offline music performances increased significantly.

　　According to media reports, the opening ceremony of the 22nd China Shanghai International Arts Festival Performance Fair and the 28th Yangtze River Delta Performance Fair, Liu Kezhi, president of the China Performance Industry Association, shared relevant data in his opening speech: In the first three quarters of 2023, the number of commercial performances (excluding entertainment venues) reached 342,400, an increase of 278.76% year-on-year; the box office revenue reached 31.54 billion yuan, an increase of 453.74% year-on-year; unique viewers 100 million 11.05 million, an increase of 532.6% year-on-year, showing the huge market vitality of the national performance industry. However, with the recovery of the performance market, the important segments of the concert market, such as high-priced tickets, scalper tickets, and "pillar" tickets, continued to emerge. With the "sinking market" of concerts, some of the concerts held in third- and fourth-tier cities began to show some chaos.

　　Big concertIt’s hard to get a ticket "the goods are not on the right board"

　　According to Jiupai News, after more than a month of warm-up, on the evening of July 21, the TFBOYS "Ten-Year Covenant" concert was officially announced. In the afternoon of the same day, the entry "TFBOYS Official Expo Online" was already on Weibo’s trending topic list. Shortly after the official announcement of the concert, the first row of tickets was marked to 200,000 by "scalpers", and the second and third rows were also 150,000 yuan each.

　　According to a number of "scalpers", compared with the sky-high price invitation letter, the auction is the most cost-effective way to buy TFBOYS concert tickets. According to the auction fee table of a "scalper", a ticket with the highest price of 2013 yuan for a TFBOYS concert costs more than 7,000 yuan, while a ticket with a face value of 806 yuan costs more than 3,000 yuan. On the eve of the ticket grab, many scalpers made it clear that the order has been saturated and stopped taking orders. "After tonight, I can’t accept the 10,000 generation grab fee, and the pit space is limited." According to reports, a "scalper" group composed of several hundred college students received more than 50 orders, and it cost 3,000 yuan to find a programmer to write a ticket grab program to prepare a machine and manual dual channel to grab tickets. Some scalpers even recruited temporary part-time shooters due to insufficient demand. If the 2013 yuan ticket price is successfully grabbed, there will be a commission of 3,500 yuan, with an average of 4-5 people grabbing a ticket.

　　Concert ticket purchase page. Network screenshot

　　And similar to the situation of the Wu Bai concert, according to the previous news Knews news, some audience reported that they spent thousands of yuan to buy tickets for Liang Jingru’s Shanghai concert, but after arriving, they found that their vision was blocked by the pillars around the stage, and watching the singer became a pillar.

　　According to reports, footage taken by Ms. Zhang, a Shanghai resident, at her concert on May 20 showed that she bought a ticket worth 1,299 yuan on the second-floor grandstand, and the pillar directly in front of the seat happened to block the singer. Coincidentally, Mr. Liu, who bought a ticket of 999 yuan, also encountered a similar situation. On the Internet, the topic of the two Liang Jingru concerts in Shanghai blocking the line of sight caused heated discussions, and hundreds of consumers who had the same experience launched rights protection. According to reports, Damai has communicated the matter with the project organizers; the concert organizer, Shanghai Rubik’s Cube Pan Culture Performing Arts Co., Ltd., said that during the ticketing stage, they did not know that there would be four pillars in the stage design; Xuhui District Consumer Protection Commission has intervened and interviewed the company, and will urge the formulation of a solution in the future.

　　According to Red Star News, on November 15, the lawsuit related to the "pillar ticket" of Liang Jingru’s concert in Shanghai was heard in the Meilong Court of the People’s Court of Minhang District, Shanghai. A total of 9 spectators filed a lawsuit against the concert organizer, Shanghai Rubik’s Cube Pan-Culture Performing Arts Co., Ltd. The court combined the nine lawsuits and has not yet pronounced a verdict. According to reports, on the issue of concert disputes, the Shanghai Consumer Rights Protection Commission has counted that since 2023, concerts have become a new hotspot of consumption, resulting in an increase in concert-related complaints. The Municipal Consumer Protection Commission has accepted more than 7,000 concert-related consumer complaints, including group complaints caused by obstruction of consumers’ seat views. Due to the difficulty in reaching a consensus between operators and consumers on the consequences of damage and liability for compensation, complaints about the occlusion of the concert line of sight are frequent and highly concentrated.

　　Liang Jingru concert scene. Video screenshot

　　As if it was a response to Liang Jingru’s concert "pillar ticket", according to the Yangzi Evening News Network, after the official announcement of Jay Chou’s 2023 Carnival World Tour Concert Hohhot Station, a "Special Ticket Announcement" appeared in the official ticketing channel Cat’s Eye Ticketing. On August 14, the organizer of this concert, Shanxi Xingtai Guangying Culture and Entertainment Co., Ltd. issued an announcement, saying that it would meet the needs of the majority of fans, so that more fans could experience the joyous atmosphere of the "Jay Chou Carnival Concert" Hohhot station on the spot, and reduce congestion outside the concert venue. After coordination and striving with all parties, the organizer will sell seats with special discounts due to poor visibility in the area blocked by the sound console. The organizers also stated in the announcement that the seats in this area are blocked to varying degrees, and it is impossible to fully see the whole stage. A large screen is set up behind the sound console for the audience to watch, and the special tickets will not be refunded or exchanged after purchase. What caused the audience’s heated discussion was that although it is a blocked ticket, it is also divided into three gears, which are divided into 600 yuan, 500 yuan and 300 yuan. "I never expected that this will be divided into gears?" Some fans complained.

　　How to protect the rights of "pillar ticket" and "wall ticket"

　　Zhang Ming, a lawyer and partner of Beijing Jingshi Law Firm, said in an interview with China News Agency that Article 8 and Article 9 of the Consumer Rights Protection Law stipulate that consumers have the right to know and the right to choose goods or services independently. Viewers have the right to know the true situation of the services available for the selected seat when purchasing tickets. If the ticket seller and the organizer do not distinguish the seats whose line of sight is blocked in advance by marking and reducing the price, consumers can exercise reasonable rights protection based on the Consumer Rights Protection Law.

　　However, Zhang Ming also admits that the current cost of protecting fans’ rights is too high. Although the price of concert tickets may be as high as thousands of yuan, from the perspective of litigation, the amount is still very small. Litigation itself usually requires the appointment of lawyers, and it also requires a long cycle and high cost. Therefore, few people choose to go to the court to safeguard rights litigation. Generally, they can only choose to negotiate, seek help from consumer rights protection organizations, or complain to administrative supervision departments.

　　Fu Jian, director of Henan Zejin Law Firm, believes that enjoying a complete audio-visual experience is the main right of concert ticket buyers and the main obligation of the organizers. Due to the failure of live performance equipment, the audience cannot hear the sound, or the performance cannot be seen due to occlusion, etc., the services provided by the organizers are defective, and consumers can ask the organizers to refund the tickets or refund part of the fees.

　　According to the Consumer Rights Protection Law, if the goods or services provided by the operator do not meet the quality requirements, consumers can return the goods in accordance with national regulations and the parties’ agreement, or require the operator to perform obligations such as replacement and repair, Fu Jian said. Consumers can communicate with the organizer to request compensation or refund. If the two parties cannot reach an agreement, they can report the complaint to the market supervision department or consumer association, or sue the court to claim their legitimate rights and interests.

　　In response to the provision that concert tickets are generally sold without refund, Fu Jian believes that the concert ticket purchase agreement belongs to the format clause, and the non-return and exchange once sold excludes the main rights of consumers. According to the provisions of the Civil Code, the format clause that excludes the main rights of the other party is invalid, and the concert tickets in the Interim Measures for the Return of Goods Purchased Online in Seven Days without Reason are not non-refundable goods. The platform unilaterally restricts the rights and interests of consumers to return and exchange tickets, which is a situation that aggravates the responsibility of the other party, and it is likely to be found to be invalid. However, considering that concerts have a certain timeliness, and the refund of tickets for upcoming performances is likely to affect secondary sales, it is reasonable to make restrictive provisions on refund.

　　The China Consumers Association also suggested that relevant performance ticketing platforms and organizers should consider how to better protect consumers’ rights and interests and improve consumer experience from the perspective of promoting the release of consumption potential, and reasonably formulate ticket return and exchange rules based on the principle of fairness and publicize them to consumers to ensure that consumers are fully informed and actively confirmed before purchasing tickets. If "no return, no exchange" tickets are launched, refundable tickets should be launched at the same time, and reasonable prices should be set for consumers to choose and arm’s length transaction.

　　On September 13, the Ministry of Culture and Tourism and the Ministry of Public Security jointly issued the "Notice on Further Strengthening the Standardized Management of Large-scale Commercial Performance Activities and Promoting the Healthy and Orderly Development of the Performance Market". It requires that performance organizers should establish a ticket refund mechanism for large-scale performance activities, set a reasonable level of ticket refund fees, and ensure the legitimate refund rights of ticket buyers.

　　A little more news:

　　The "sinking" concert market is full of slots

　　According to the China Performance Industry Association’s "National Performance Market Brief for the First Half of 2023", music performances in third- and fourth-tier cities will increase in 2023, and performance cities will extend from first- and second-tier cities to third- and fourth-tier cities. In this regard, People magazine interviewed five young people who watched concerts in their hometowns, and upstream news sorted out some of the characteristics displayed.

　　Handan: The stars converge like a rural stage

　　The interviewee, Ms. Wang, said that in June, Handan held another concert. The title seller of the concert was a well-known wine company in Handan. "This concert also gave away a lot of tickets. The school teachers will send it out, the surrounding residents will send it out, the wine will be sent out, and the developers will also send it out. I feel like I can’t wait for half of Handan City to go."

　　Music festival scene. People magazine

　　According to his introduction, maybe because of the gathering of stars, four hosts were arranged to join the show, "But I think this host is also strange. There are one and the other to make everyone shout slogans and advertising words, and the interaction is very embarrassing, a bit like that kind of rural stage."

　　Maoming: Pour Coke in a Coke bottle and sell it for 15 yuan

　　The interviewee, Mr. Li, said that he was more speechless about spending during the music festival. "Food and water are not allowed at this music festival, even umbrellas are not allowed. I brought an umbrella and it was taken away… The umbrellas sold in the booth are 50 yuan a piece." Mr. Li also said that when he was hungry, he and his colleagues went to buy beef instant noodles, even if the instant noodles were added with a few pieces of beef, it cost about 40 yuan. "I went to buy Coke, and the staff poured Coke directly from a large Coke bottle, added a few pieces of ice, and sold it to me for 15 yuan." In addition, at the end of the performance, Mr. Li and his friends drove away. When they arrived at the exit of the parking lot, they found a large area blocked. They scanned the code to pay the parking fee. As a result, the signal was very weak, and they could not pay the fee. There were no staff there to serve.

　　Guigang: The sound quality is too poor, and the stars sing with difficulty.

　　The interviewee, Ms. Luo, said that the only concert she saw this year was a star concert. She said that on the first day of the ticket release, she grabbed 388 yuan of tickets from the grandstand area. "It stands to reason that the tickets bought on the first day must be closer to the stage, but when we arrived at the venue, we were at the’top of the mountain ‘in the last row." Ms. Luo asked the people in front of the seat that they bought tickets only a week before the show started, which cost only 200 yuan, or locally. The infield is even more exaggerated, and the tickets of 1200 yuan can be bought for more than 500 yuan before the opening. "Although the venue is quite large, the stage is really too small, which I can tolerate. But the sound quality is really bad. The celebrities also sing very hard, and they feel a little unable to speak. "

　　Nanping: Order and Chaos star performance is sloppy

　　According to the interviewee, Ms. Zhang, the organizers of the concert did little publicity and did not have a guide sign. As the opening approached, people began to sit in the stadium one after another, but many people took free and discounted tickets. "The person next to me came after dinner, and he said that he drank some wine in the evening, and he still smelled of alcohol." Ms. Zhang said that the order was also a bit chaotic after the performance began. Some people left their seats and squeezed into the front row, and the security did not care. "My husband and I both felt that a certain star acted sloppily when singing, like completing a task. After singing, they left the stage without interacting."

　　A city in Hebei: Sponsor "bottle" ads are played throughout the screen

　　The interviewee, Ms. Zhang, introduced that after the opening of the "All Stars Concert", everyone began to shout "refund". When the first singer came out, everyone did not give face at all, and they were also shouting, "There were some artists singing in the middle of the journey. Obviously, they were frightened by this scene, and they did not interact much.

　　Wine ads scrolled on the big screen. People magazine

　　Ms. Zhang said that from the perspective of the scene, the lighting design is not very reasonable. People are sitting in the infield, and the lights are directly shining on people’s faces, which is very dazzling. "There are a few small screens on the stage, and four of them play animations of wine bottles throughout. When the artist sings, the’big wine bottle ‘is still rolling next to it, which is very eye-catching."

　　Upstream news is comprehensive from "People" magazine, China-Singapore Jingwei, Jiupai News, Beijing Youth Daily, Kan News, etc

On January 16, at the 2024 Changan Automobile Global Partner Conference, Zhu Huarong, Chairperson of Changan Automobile, responded to and shared the establishment of a joint venture with Huawei, the 2024 sales target, and recent personnel changes.

"The new joint venture between Changan and Huawei is tentatively named’Newcool ‘." According to Zhu Huarong, since August last year, the two sides have carried out multiple rounds of exchanges on the establishment of the new company. The two sides are very compatible in terms of industrial judgment, development concepts, and cooperation ideas. Therefore, in less than three months, Changan and Huawei reached a cooperation intention and signed an "Investment Cooperation Memorandum" at the end of November last year.

It is reported that the two sides are conducting transactions and cooperation agreement negotiations, and all related work is progressing smoothly as planned. The new company is mainly engaged in the research and development, design, production, sales and service of automotive intelligence systems and component solutions. The business scope includes seven major fields such as automotive intelligent driving solutions, automotive intelligent cockpit, intelligent vehicle digital platform, intelligent vehicle cloud, AR-HUD and intelligent lights. Zhu Huarong also mentioned that during the cooperation process, Huawei promised not to engage in the whole vehicle business; not to engage in the new company business; for the smart selection business, the two sides have also done good research and discussion.

In addition to the cooperation form mentioned above, Avita, a brand of Changan Automobile, and Huawei adopt the HI model (Huawei provides full-stack integrated solutions), which is also the only one among the mainstream car companies. In this regard, Zhu Huarong explained that doing so (adopting the HI model) is in line with the laws of the industry and meets the requirements of industrial policies, so that the interests of users can be fundamentally guaranteed. We and Huawei’s innovative model, strong alliances, complementary advantages, maximize their respective advantages, and form a bundle of interests. From another perspective, this is also the best result of the CHN model.

In 2023, Avita 11 and Avita 12 will be launched on the market, of which Avita 12 will make its world debut at the Munich Motor Show, and will break through 20,000 cars in the first month of listing. Avita 12 is equipped with HarmonyOS 4.0. At the same time, Avita 12 is also equipped with Huawei’s high-end intelligent driving system ADS2.0, which reduces dependence on high-precision maps and realizes a very "smart" driving experience covering all scenarios such as high-speed sections, urban sections and parking links.

As the second product of Avita and an important phased achievement of the mid-term goal of "four-year four-car", Avita 12 adheres to the product concept of "forward-looking design" and "warm technology", and will also open up a new market in the luxury coupe field, creating a unique and futuristic travel and life experience for users.

Changan and Huawei’s new company is named "Newcool". The first reaction to seeing this news is that Avita 12 is going to take off in situ. With the deep blessing of these two dads, future cutting-edge technologies should give Avita 12 priority. Looking forward to living in the family!

[Click to watch the exclusive video]

Andy Lau is not a "godfather" in Beijing’s "Ring" and is not afraid of "debt"

　　　　　　　 Movie Network News(Photo/Qian Jia’s memoir/Xie Yawei) "I don’t like the title of’godfather ‘, and I feel that one day I will go to jail." On May 11, "The Ring" held a media meeting in Beijing. As an investor, Andy Lau appeared with Guo Zijian and Zheng Sijie, two new directors, and Lin Jiadong, the producer. Because of his dedication to the excavation and promotion of new directors in recent years, Andy Lau has been praised by the media as the "godfather" of the new director, but Andy is very resistant to this title, bluntly saying that he feels like a gangster. When talking about the new work he invested in, Andy Lau admitted that it is like his own child. As a parent, he must lead it out to meet people, otherwise it is likely that no one will pay attention. The film will be released simultaneously in mainland China and Hong Kong on June 4.

Andy Lau is unwilling to be a new director "The Godfather" to invest in new films "Not bad money"

　　　　　　　 "Crazy Stone" attracted much attention at the beginning of its release because Andy Lau was an investor, and then its own quality made the film "out of control" with Ning Hao and Huang Bohong. Andy Lau has paid great attention to and promoted new directors in recent years. As long as he likes the script, he will invest boldly, so that many newcomers can get a platform to show their talents. Therefore, he has been praised by the media as the "godfather" of new directors. Hearing this title, Andy Lau seemed a little disgusted, "I don’t like the title of’godfather ‘, I feel like I will go to jail one day, too much like a gangster." He said that he can only be regarded as a stalwart, but his strength is limited, and he is very happy that many big companies are now paying attention to new directors.

　　　　　　　 In the past, Andy Lau and Lin Jiadong acted in many movies as partners. In "The Ring", the relationship between the two people changed, one was the boss and the other was the producer, so "asking for money" became something Lin Jiadong had to do, "He is a good boss, I will ask him for money, and he was very happy when he signed the check." Andy Lau, the boss, did it very easily. He showed up once when the film was on, and never went to the set after that. "The total investment of the film 8 million, and their budget is very well controlled. After watching the first edited film, I gave them a little money to make them do better." It seems that Andy Lau, the boss, is indeed "not bad money".
　

　　On the evening of November 13, Alibaba submitted a listing prospectus to the Hong Kong Stock Exchange. The prospectus shows that the funds raised by Alibaba’s IPO will be mainly used to drive user growth and increase participation, help enterprises achieve digital transformation, improve operational efficiency, and continue to innovate. It mentions specific businesses such as Ele.me, Flying Pig, Youku, and cloud computing technology.

　　Industry experts point out that Alibaba’s return to the Hong Kong stock market not only allows it to develop its business through new fundraising, but also helps to enhance its influence in the Greater China region and promote the development of its business.

　　Alibaba data map, photo by Zhongxin Jingwei

　　Proceeds raised will be used in three ways, mentioning companies such as Ele.me and Youku

　　Regarding the use of the proceeds raised, Alibaba said that the company plans to use the funds from the global sale to promote the execution of the strategy in three areas: driving user growth and increasing engagement, helping enterprises achieve digital transformation, improving operational efficiency, and continuous innovation.

　　Among them, Alibaba specifically mentioned that the company will continue to expand and enhance life services through Ele.me and Flying Pig, and will continue to build digital media and entertainment services through Youku and other content platforms. In addition, cloud computing technology is also a key word that Alibaba has mentioned many times in its fundraising purposes.

　　However, the specific issuance plan has not been disclosed in the prospectus this time. According to previous media reports, Alibaba Group plans to issue 500 million new ordinary shares through the global sale and list them on the main board of the Hong Kong Stock Exchange. The issuance includes 500 million ordinary shares and an overallotment share that can issue up to 75 million additional ordinary shares. It is expected to be priced as early as November 20, Hong Kong time. The company’s fundraising amount may be between 100-15 billion US dollars, and the price range is calculated at a 4% discount to the US stock price, around 180 US dollars per share.

　　Ma Yun holds 6.1% of the shares, and the company implements a different rights structure for the same shares

　　In addition, the prospectus also disclosed Alibaba’s shareholding structure, with SoftBank holding 25.8%, Ma Yun holding 6.1%, Cai Chongxin holding 2.0%, other directors and senior management holding 0.9%, and other public shareholders holding 65.2%.

　　In addition, Alibaba also talked about the company’s partnership system in the prospectus. According to the prospectus, in July 2010, Alibaba officially established the Alibaba Partnership, which currently has 38 members.

　　According to the disclosure, the members of the organization only have a single class of shares, and each share corresponds to one voting right, but according to the Articles of Association, Alibaba Partners has the exclusive right to nominate (or in limited cases, great men) a simple majority of the board members. These rights are classified under different voting rights structures under the Hong Kong Listing Rules, so Alibaba is considered a company with different share rights structures.

　　In the second quarter, more than 60% of Alibaba’s revenue came from Tmall and Taobao.

　　On the evening of November 13, the prospectus disclosed by Alibaba in Hong Kong stocks shows that in the fiscal year 2019 (April 1, 2018 – March 31, 2019), the company achieved a total revenue of 376.844 billion yuan and a net profit of 80.234 billion yuan. In addition, from April 1, 2019 to June 30, 2019, Alibaba achieved a total operating income of 114.924 billion yuan and a net profit of 19.122 billion yuan.

　　In addition to disclosing financial data, Alibaba also showed its commercial version in the prospectus. At present, Alibaba’s main business includes core business, cloud computing, digital media and entertainment, and innovation business. Among them, core business is Alibaba’s main source of income. A total of 323.40 billion yuan in fiscal year 2019, accounting for 85.82% of total revenue.

　　In the core business, China’s retail business, dominated by Taobao and Tmall, generates the highest revenue. According to the financial report, during the three months from April 1, 2019 to June 30, 2019, approximately 66% of Alibaba’s revenue came from China’s retail business.

　　According to the prospectus, the core business can be divided into six specific business directions, namely China retail business (mainly Taobao and Tmall), cross-border and global retail business (Tmall overseas, Koala, AliExpress and South East Asia, Turkey, Pakistan and other countries and regions of the e-commerce platform), China wholesale business (1688.com and retail), cross-border and global wholesale business (alibaba.com), logistics service business (Cainiao network), life service business (Ele.me, word of mouth, flying pig).

　　In addition to its core business, Alibaba’s business also includes cloud computing (Alibaba Cloud), digital media and entertainment (Youku, UC Browser, Alibaba Pictures), and innovation (Autonavi, DingTalk, Tmall Genie).

　　Ali’s commercial version, the picture is taken from Alibaba’s prospectus

　　It is worth noting that in the prospectus, Alibaba also stated that the company has held a total of 33% shares in Ant Financial since September 2019. In addition, since June 30, 2019, Alibaba has made or plans to make equity investments in a total of 24 companies, with a total amount of 38.529 billion yuan.

　　Expert: Alibaba’s return to Hong Kong for listing will enhance the company’s influence

　　Yang Delong, managing director and chief economist of Qianhai Open Source Fund, pointed out to China New York Matrix that Alibaba’s return to the Hong Kong stock market has three major benefits, one is to make up for the regret of not being able to list on the Hong Kong Stock Exchange in the past, and the other is to achieve new financing. Finally, because Alibaba’s main revenue and profits come from China, listing on the Hong Kong Stock Exchange is conducive to further expanding Ali’s influence in Greater China and promoting its business growth.

　　In addition, for the possible impact of Alibaba’s listing on the market, Yang Delong believes that according to the current news, Alibaba’s listing on the Hong Kong Stock Exchange will raise 100-15 billion US dollars, which will become the largest fundraising in the history of the Hong Kong Stock Exchange. Therefore, in the short term, it may indeed bring pressure on the Hong Kong stock market to divert funds.

　　"But we can’t just see the role of capital diversion brought by Alibaba’s Hong Kong stock listing. As a representative of the new economy, Alibaba provides new investment targets for Hong Kong stock investors, which helps to attract some investors to invest, thus stimulating the active level of the Hong Kong stock market. In addition, with Alibaba’s return to Hong Kong stocks, it will sooner or later be included in the targets of Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, which also provides a new opportunity for mainland investors, and may also bring new incremental funds to the Hong Kong stock market." Yang Delong said. (China-Singapore Jingwei APP)

　　(The views in this article are for reference only and do not constitute investment advice. Investment is risky, and caution is required when entering the market.)