Text | Car Story Green Lemon

At 21: 00 on July 30th, Beijing time, the LI built by Li Xiang was officially listed on NASDAQ. The issue price is $11.5 per share, with a total market value of $9.724 billion, 95 million shares in circulation and 846 million shares in total. LI became the second new car-making force to successfully IPO in the United States after Weilai.

It is reported that the subscription of LI in the pre-listing period was very good, which not only ended the subscription in advance, but also rang the bell on Nasdaq one day earlier.

At 21: 00 p.m. on July 30th, Beijing time, LI was officially listed on NASDAQ. The stock code is LI, and the issue price is $1.15/share. The pre-market value is $9.724 billion, the circulating market value is 1.092 billion yuan, the circulating share capital is 95 million shares, and the total share capital is 846 million shares.

So far, apart from Weilai, LI has become the second new car-making force to successfully go public in the United States. At the same time, for Li Xiang, the founder, his second personal entrepreneurial project was listed on Nasdaq after the car.

In fact, since the day LI was born, IPO has been no secret, but what has not been confirmed is where it will be chosen.

It was not until July 10th this year that LI officially submitted a prospectus to the Securities and Exchange Commission (SEC) of the United States, and the listing location was really hammered.

According to this prospectus, in terms of ownership structure, LI is divided into A shares and B shares. Among them, Li Xiang, as the largest natural person shareholder in LI, holds about 356 million A and B shares, accounting for about 25.1% of the total share capital and having 70.3% of the voting rights; Wang Xing (and Meituan) is the second largest shareholder in LI, holding 332 million A shares, accounting for 23.5% of the total share capital, but only 9.3% of the voting rights; Shen Yanan, co-founder and president of LI, holds 1.1% A shares and has 0.4% voting rights; Li Tie, the co-founder and CFO, holds 1.0% of A shares and has 0.4% of voting rights.

In addition, in terms of institutional shareholding, Amp Lee Ltd (which Li wants to enjoy through trust) holds 25.1% of Class A shares; Zijin Global Fund holds 8.9% shares and has 3.5% voting rights; Rainbow Six Limited holds 6.1% shares and has 2.4% voting rights; Inspired Elite Investments Limited (a wholly-owned subsidiary of Meituan) holds 14.5% of the shares and has 5.8% of the voting rights.

Through the AB-share structure design, Li wants to achieve absolute control over LI. This is also conducive to the flat operation of this innovative company in the operation process and helps to achieve extremely fast response.

Based on the calculation of initial public offering, LI raised 1,092.5 million US dollars. For this fund, LI said in the prospectus earlier that it will be used for the research and development of new products and the company’s working capital.

According to sales data, in the second quarter of this year, LI delivered a total of 6,604 new cars, an increase of 128% compared with 2,896 in the first quarter. Its revenue in the second quarter also increased by 128.6% compared with the first quarter. The gross profit margin increased from 8% in the first quarter to 13.3% in the second quarter.

Better-than-expected data also made investors optimistic about LI.

Just at the time of LI’s official listing tonight, Jingwei Zhang Ying said on the social platform: "Congratulations to Li Xiang, congratulations to the ideal. For early investors, the most important thing is always people, and excellent founders are greater than everything."

As the main investor of LI A round, Cao Yi, the founding partner of the source code, also said in an interview: "The huge industry, the big bottom changes are gestating, the S-class entrepreneurs, the excellent business natural attributes, etc. are all in LI. You can see it on this company."

Of course, listing is only a phased goal in the initial stage of LI’s Long March. Its achievement does not mean that LI can breathe a sigh of relief. There are still more problems waiting for Li Xiang (LI) in product quality control, new vehicle research and development, and the expansion of intelligent network. In addition, compared with the product side, how to improve the soft power of the server also tests the comprehensive strength of how LI grabs orders from competing products.

Zhang Xinxin, a student from Wenquan Village, Andi Town, yinan county City, Linyi City, Shandong Province, has a difficult family life. He used to need to borrow someone else’s mobile phone to attend the "air class" offered by the school. The picture shows a volunteer from yinan county Da Ai Yimeng Volunteer Service Team (right) sending a tablet computer to Zhang Xinxin and teaching her how to use it. Photo by Du Yubao (People’s Vision)

Students are reading personalized books recommended by e-readers. Photo by Shi Yalei (people’s picture)

　　The COVID-19 epidemic has had a great impact on consumption in China in the first quarter of this year. The data shows that from January to February, the total retail sales of consumer goods nationwide decreased by 20.5% year-on-year. However, in the "home" life and "cloud" life, the sales of some consumer electronic products have increased against the trend, which has become a bright color when consumption is cold in the short term. Green consumer products represented by electronic products are helping to boost consumption and consumption upgrading.

　　Electronic products sell well against the trend

　　"Kindle reader, Bluetooth speaker … …” Zach Li, an engineer working in Beijing, found that he spent the most on electronic products besides daily necessities such as rice, oil and salt.

　　"Reading, games and music are all long-term learning and entertainment activities for epidemic prevention at home, and these electronic products make it long and boring ‘ Zhai ’ Life adds interest. " Zach Li said.

　　When consumption was cold due to the epidemic, "cloud life" drove the sales of some consumer electronic products to increase greatly, and the supply of emerging products continued to increase, allowing many new formats to develop against the trend.

　　Statistics from the National Bureau of Statistics show that from January to February this year, the demand for electronic products such as 3D printing equipment, smart watches and smart bracelets increased rapidly, and the output increased significantly year-on-year, with growth rates of 101.0%, 119.7% and 45.1% respectively. The growth momentum of emerging kinetic energy has not changed.

　　On several major e-commerce platforms, the sales of electronic products have also increased. In February, notebook computers, tablet computers, printers and smart cameras became hot items on e-commerce platforms such as Suning.cn and JD.COM, and some products were even out of stock. Perhaps it is precisely because of the new consumer demand generated by the epidemic that many consumer electronics companies choose to release their new products in the near future. Among them, Apple recently launched a new tablet iPad Pro and computer Macbook Air, which received wide attention.

　　Smartphones hit bottom and rebounded.

　　The situation of epidemic prevention and control in China continues to improve, and the consumer market is recovering with the warm spring. At the same time, related enterprises have also actively launched "self-help".

　　In the field of smart phones, the rebound and recovery of consumption are more obvious. Previously, affected by the epidemic, many mobile phone manufacturers closed their factories, and normal mobile phone production could not be guaranteed. Under the background of the whole society’s resumption of work and production, the mobile phone industry is increasing its productivity, and the output is gradually approaching the normal level. Recently, many mobile phone manufacturers, such as Huawei, have said that they are fully restoring the supply chain to ensure market supply.

　　A person in charge of a mobile phone manufacturer said that from the sales performance at the beginning of March, the sales volume of smart phones in China has approached or even exceeded the same period last year. Industry insiders predict that the domestic 5G smartphone market is expected to resume its growth momentum in the second quarter of this year.

　　While increasing horsepower to ensure production, the release of new machines by major manufacturers has also been carried out one after another. Since late February, the listing speed of new 5G mobile phones has obviously accelerated. According to the data of China Information and Communication Research Institute, there were 16 new models listed in February this year, including 11 5G mobile phones. Recently, Huawei held an online conference to release three P40 series mobile phones to the world — — P40, P40 Pro and P40 Pro+. It is worth mentioning that this model is equipped with the HMS Apps terminal cloud service ecosystem independently developed by Huawei.

　　Experts said that in the fields covered by "new infrastructure", 5G is considered to be the top priority, and the industrial chain extended by 5G will also be rapidly driven. Thanks to the acceleration of "new infrastructure", the construction of 5G infrastructure and the improvement of 5G communication environment will further stimulate the recovery of the industry and promote the arrival of the "replacement tide" of 5G mobile phones.

　　Create a new consumption format

　　In order to better release the new consumption potential, in recent days, the central and local governments have successively introduced a series of measures to promote consumption to promote consumption in electronic products and other fields.

　　A few days ago, the National Development and Reform Commission and other 23 departments jointly issued the "Implementation Opinions on Promoting Consumption Expansion and Upgrading to Accelerate the Formation of a Strong Domestic Market", increased support for electronic products and other fields, and proposed to encourage green smart consumption, accelerate the improvement of recycling networks in the fields of home appliances and consumer electronic products, and encourage enterprises to use technologies such as the Internet of Things, big data and artificial intelligence to promote the intelligent upgrading of various electronic products.

　　At the same time, many governments have accelerated the introduction of preferential measures to encourage green and smart consumption and promote product upgrading through measures such as issuing consumer subsidies and replacing old electronic products with new ones. Many e-commerce platforms have also launched promotional activities such as home appliances and electronic products.

　　Experts said that in this COVID-19 epidemic, new consumption formats and new consumption models represented by electronic products showed strong growth potential. With the progress of science and technology and the acceleration of the updating of consumption concepts, the upgrading and intelligent upgrading of electronic consumer goods and other products will enter a fast-paced stage. How to cultivate and grow the new consumption and upgrading consumption power generated by the epidemic, and how to realize the long-term development of short-term products is a new test faced by the government and enterprises, which is of great significance for stimulating the formation of new kinetic energy and promoting steady economic growth.

　　Cctv newsAccording to the website of the General Administration of Market Supervision, in 2022, the national market supervision departments received a total of 29.4077 million consumer complaints, reports and inquiries through the national 12315 platform, telephone, fax and windows, a year-on-year increase of 23.5%. Among them, there were 13,103,800 complaints and 4,722,300 reports, which saved economic losses of 4,519 million yuan for consumers and effectively protected their legitimate rights and interests. It mainly presents ten characteristics:

　　First, the acceleration of consumer complaints, the recovery and expansion of consumption needs balanced development.

　　From the trend of the past three years, due to the cross-regional expansion of platform economy, the cross-regional flow of population capital and the cross-regional allocation of market factors, the consumption of Guangdong, Zhejiang, Shanghai and Beijing is accelerating. There is a positive correlation between the number of consumer complaints and the level of consumer activity. The proportion of consumer complaints in the four provinces and cities in the country has increased from 31.8% in 2020 to 45.16% in 2022. To some extent, the accelerated gathering of consumer complaints reflects the unbalanced development of the supply side of consumption, so it is necessary to further restore and expand consumption in the central and western regions and promote higher quality and more balanced development.

　　Second, recover the loss of over 10 billion yuan, boost confidence and release vitality.

　　In the past three years, in the face of the impact of the epidemic, the downward pressure on the economy and the impact of the international situation, improving the consumption environment, stabilizing consumption and promoting consumption have become important supports for stabilizing the economic market and safeguarding people’s livelihood and well-being. Market supervision departments at all levels have handled a total of 74.5229 million complaints, reports and consultations, recovering economic losses of 14.472 billion yuan for consumers, effectively defending consumers’ legitimate rights and interests, and protecting consumption power and economic endogenous motivation. We will strengthen the maintenance of commodity services concerned by the masses. For example, the mediation success rate of fiber products, medical devices, production, maintenance and repair services has increased significantly compared with the previous year, with an increase of 15.51, 13.15 and 12.26 percentage points respectively.

　　Through the continuous evaluation of "five-level circular linkage", the disposal efficiency of the national 12315 platform has been greatly improved. The timely handling rate of complaints and reports was as high as 98.99%, an increase of 12.55 percentage points; The highest satisfaction of the masses is 4.74 points (out of 5 points). At present, the platform has accumulated 16.0108 million registered users, with an average annual growth of 3 million, and has become a consumer rights protection platform trusted by the people.

　　Three, rapid response, strong disposal, complaints and reports of epidemic-related materials fell rapidly.

　　After the promulgation of "Article 20" and "New Article 10", the focus of epidemic prevention shifted from prevention and control of infection to medical treatment. The demand for epidemic-related drugs and medical supplies surged, the supply was not smooth, the price fluctuated abnormally, and product quality problems frequently occurred. At one time, the number of related complaints and reports increased by spurt. From November 10, 2022 to the end of 2022, the national 12315 platform received 241,100 related complaints and reports, up 3.88 times year-on-year, 2.95 times quarter-on-quarter, and the highest peak reached 19.5 times. Among them, there were 141,800 complaints and 99,300 reports, recovering economic losses of 4,981,700 yuan.

　　The market supervision department responded quickly, launched a special campaign to stabilize the price and guarantee the quality of epidemic-related drugs and medical supplies at the first time, promptly checked the complaints and reports of epidemic-related drugs and medical supplies, and fully protected the health and safety of the people, with a total of 12,900 cases filed. As of February 10th, the reports on epidemic-related prices, unfair competition and advertisements, online transaction supervision, product quality, and the production and circulation of drugs and medical devices have dropped by 99.14%, 87.87%, 73.89%, 88.35% and 87.79% on an average daily basis, and the demands for epidemic-related drugs and medical supplies have returned to daily life, and the market order tends to be stable.

　　Fourth, the downward pressure on the economy has increased, and after-sales problems such as non-delivery and non-refund have become more prominent.

　　In 2022, the national market supervision department accepted 13.1038 million consumer complaints, a year-on-year increase of 43.84%, and the growth rate was enlarged compared with 2021. From the complaints, there were 2,987,000 pieces of quality, 2,489,600 pieces of after-sales service, 1,159,100 pieces of contract and 1,090,600 pieces of food safety, accounting for 58.96% of the total complaints. Among them, the problem of after-sales service grew fastest, and the masses reflected it most strongly, with a year-on-year increase of 57.67%.

　　After-sales service status is directly related to operators’ confidence and expectation. Affected by the epidemic, the problem of after-sales service has been highlighted. Consumer demands mainly focus on non-refund, non-delivery, non-performance of the "three guarantees" commitment, non-implementation of the seven-day unreasonable return obligation, and untimely delivery. From the perspective of commodity categories, it is mainly concentrated in mobile phones, shoes, coats, furniture and automobiles, accounting for 25.61% in total; Printed matter, dairy products, computer peripherals, air conditioners and luggage increased by 154%, 120%, 98%, 98% and 90% respectively.

　　Fifth, the proportion of commodity complaints increased, and the consumption of new energy vehicles was short-lived.

　　In 2022, the national market supervision department accepted a total of 8,623,200 commodity complaints, accounting for 65.81% of the complaints, up 4.37 percentage points from the previous year; There were 4,480,600 service complaints, accounting for 34.19% of the complaints. The increase in the proportion of commodity complaints reflects the prominent product quality problems under the downward pressure of the real economy. Among them, the top complaints are: ordinary food, clothing, shoes and hats, household items, household appliances, transportation and communication products, accounting for 58.43%. The top service complaints are: catering, accommodation, sales, Internet services, culture, entertainment and sports, beauty salons and baths, accounting for 46.37%.

　　It is worth noting that with the rapid increase in the penetration rate of new energy vehicles, consumers’ requirements for quality are also constantly improving. In 2022, the platform received 16,000 complaints and reports about new energy vehicles, a year-on-year increase of 62.84%. Among them, contract problems, quality problems and false propaganda problems grew rapidly, increasing by 126.33%, 77.35% and 75.65% respectively. Consumer demands focus on: imperfect after-sales service, failure to fulfill the "three guarantees" commitment; Sudden flameout, oil leakage, abnormal engine sound, brake steering failure and battery module damage during driving; Publish false information, induce consumers to sign unfair format clauses, and reduce the responsibility of car companies.

　　Six, new consumption hotspots are constantly emerging, and the accompanying consumer disputes are rising.

　　In recent years, "new consumption" is becoming the "accelerator" of economic development. While meeting the diversified needs of consumption, some new situations of infringement and new problems of rights protection are gradually exposed, reflecting the new pain points of consumer rights protection.

　　In 2022, new model problems such as digital collection (NFT) rose, making supervision more difficult, with 59,700 related demands (only 198 in the previous year), mainly focusing on non-delivery, non-refund, malicious price gouging, high handling fees, and arbitrary closure of consumer accounts. Under the craze of "blind box", consumer demands reached 41,400 pieces, up 61.72% year-on-year. IP cross-border co-branded products set off a buying frenzy, with 38,100 related demands, up 66.96% year-on-year. Some merchants took the opportunity to raise prices, but the problems of uneven product quality, fake and shoddy products, delayed delivery and lack of after-sales service were outstanding. Behind the fiery outdoor sports such as camping, the demands for sunscreen products and mosquito-repellent products increased by 99.12% and 149.62% respectively. Ice and snow sports are popular, but the related demands are as high as 8677, up 60.51% year-on-year. The quality problems such as ski clothes and skis are outstanding, and the tickets, deposits and safety issues of ski resorts need urgent attention.

　　Seven, online consumption continues to escalate, and consumer satisfaction still needs to be improved.

　　With the continuous development of e-commerce in China, the epidemic situation catalyzes online consumption habits, and the online shopping field ranks "half of the country’s consumers’ demands". In 2022, the online shopping demand increased by 56.38% year-on-year, which mainly has three characteristics:

　　(1) The format of "cloud consumption" has expanded rapidly, and complaints have grown rapidly.

　　Various "cloud consumption" modes, such as live delivery, cross-border e-commerce, fresh e-commerce, online shopping, online entertainment, and private kitchen customization, have emerged, which has become a bright spot in the growth of weak consumption last year, but related demands are also rising. There were 220,900 requests for live broadcast with goods, up 1.15 times year-on-year and 5.01 times higher than that in 2020. There were problems such as no products, shoddy products and false propaganda. Cross-border e-commerce demands were 334,500, up 42.63% year-on-year and 1.47 times higher than that in 2020. The problems of negative after-sales service, failure to fulfill warranty commitments and counterfeiting of overseas products were prominent.

　　(B) There are many new types of price fraud, and supervision and law enforcement are facing new challenges.

　　Technologies such as big data algorithm of platform economy improve transaction efficiency, and it is also easy to induce new price fraud. The online shopping price demand was 106,700 pieces, up 99.03% year-on-year, which mainly included the problems of killing big data, changing trading conditions in real time, "marking low and closing high", concealing preferential threshold conditions, and the preferential treatment for non-members was greater than that for members, which brought higher challenges to the price supervision and law enforcement in the platform economy field.

　　(C) Video membership service routines, consumer experience needs to be improved.

　　At present, paid members have become the "standard" of video websites, but there is a lack of "standard" of member services, with 8534 related demands, up 103.82% year-on-year. The problems reflected by consumers mainly focus on: unreasonable advance on demand, suspected of repeated charges; The "free advertisement" is not honored, and the video is inserted with advertisements; The prompt of automatic renewal is not obvious, the way of cancellation is difficult to query, and consumers are easy to buy by mistake. Others rely on word games such as adjusting fees and changing rights to make up for losses and reduce users’ trust.

　　Eight, "ODR" continued to expand, and diversified solutions to disputes steadily improved.

　　Market supervision departments have vigorously promoted the construction of online consumer dispute resolution (ODR) mechanism, and the success rate of settlement and consumer satisfaction have made steady progress. 114,000 ODR enterprises have been developed in various places and settled in the national 12315 platform, and 3,094,800 disputes have been directly negotiated with consumers online. Compared with the traditional administrative mediation method, the average processing time is 7.69 days, which is greatly reduced by 14.2 days; The success rate of reconciliation increased by 11.25 percentage points; Covering 97% of cities, an increase of 2.36% over the previous year, fully releasing the institutional innovation advantages of ODR. On the whole, ODR’s social influence is constantly expanding, and the enthusiasm of market participants for voluntary participation is constantly improving, which has made a useful exploration for diversified solutions to consumer disputes and social co-governance.

　　Nine, "sunshine" consumer complaint information, effectively strengthen the source of governance.

　　The General Administration continued to promote the publicity of consumer complaint information, formulated a publicity system and built a publicity system, and launched pilot projects in some cities in Jilin, Guangdong, Sichuan and Xinjiang from November 2022. At present, 20,817 complaints from 14,114 enterprises have been publicized, effectively strengthening social supervision and credit constraints, and improving the transparency of the consumption environment, the integrity of operators and the satisfaction of consumers. After publicity, the success rate of complaint mediation in the pilot area increased by 8.39 percentage points compared with that before publicity and 5.97 percentage points compared with the same period of the previous year; The average complaint settlement time was 11.77 days, 2.17 days faster than the same period of the previous year; The consumer evaluation was 4.8 points (out of 5 points), 0.1 points higher than before publicity.

　　X. Complaints and reports have become an important channel for discovering illegal clues, and the social supervision role of consumers continues to emerge.

　　Consumers actively played the role of social supervision. In 2022, they reported 4,722,300 illegal clues to the market supervision department, up 40.34% year-on-year, including 2,027,300 illegal advertisements, 723,100 violations of consumers’ rights and interests, and 341,800 illegal food safety behaviors. Judging from the increase, reports of unfair competition, trademark violations and online trading violations all increased by more than 60% year-on-year.

　　Market supervision departments adhere to the people’s livelihood orientation, strengthen the analysis and judgment of complaints and reports, and severely investigate and punish violations of laws and regulations according to law. 281,100 cases were filed for reports of illegal advertisements and false propaganda; 63,000 cases were reported and filed against violations of consumers’ rights and interests, mainly involving the sale of products that do not meet safety requirements, counterfeiting and cheating consumers; 48,700 illegal reports on food safety were filed.

Schwarzenegger and Hamilton

1905 movie network news On July 18th, North American time, Arnold Schwarzenegger, linda hamilton, director tim miller and many other masters brought their new films (provisional translations) to SDCC Comic-Con. In addition to a brand-new behind-the-scenes production special, the Terminator crew also announced that edward furlong, who plays kate connor in the film, will return to play in the headquarters for the first time.

In this special edition, directors tim miller, Schwarzenegger and linda hamilton appeared in turn to recommend the highlights of the film for fans. The whole film continues the hard-core fighting style of the series, and has been upgraded on this basis. Various blasting melee scenes are dazzling and shocking. Although James Cameron was absent from the event, in the special edition, Cameron said that the latest Terminator would bring "adrenaline rush" to the audience, and "Card God" also praised director tim miller for filming the original style of the series.

Terminator: Dark Fate also announced another heavy news in SDCC activities: edward furlong, the actor who plays the young kate connor in Terminator 2: Judgment Day, will return to Terminator: Dark Fate this time. This is the first time that edward furlong has returned to star in this series of films after Terminator 2.

Creative group photo

In Terminator: Dark Fate (tentative translation), Arnold Schwarzenegger, the soul figure, made a heavy return as the "Terminator T-800" for the sixth time. Linda hamilton will once again play the role of Sarah Connor, the first female host. As the "father of the Terminator", Cameron is the screenwriter and producer himself. The reunion of the series of golden triangle also makes this terminator’s latest work more exciting.

Schwarzenegger

In this SDCC activity, Arnold, who is about to celebrate his 72nd birthday, is full of energy, not only in a good mood, but also praises the SDCC comic exhibition as a good place to promote movies. And linda hamilton, the heroine, is still in excellent spirits. At the event, Linda was domineering, and she kissed the "governor" on her own initiative, causing an uproar. I wonder if the two of them will join hands to fight against the villains again.

Mackenzie davis, a former actor, plays the biochemical Grace in Terminator: Dark Fate, protecting Dany, a dark-haired girl played by Natalia Reyes. Mackenzie spoke highly of linda hamilton in the interview. When asked who would win the battle for the actress in the cast, Mackenzie replied without hesitation; "Linda will win because she has a strong inner spiritual strength."

Mackenzie Davis

It is reported that Terminator: Dark Fate (temporarily translated) follows Terminator 2: Judgment Day in the plot and forms Cameron’s orthodox Terminator Trilogy together with the first two films. The film will be released in North America on November 1, 2019. I believe that it will once again set off a classic frenzy, which will bring new shock and emotion to thousands of fans.

CCTV News:On May 3, some netizens reported that a "pet blind box" was collected and delivered at a courier station in Chengdu, Sichuan, and the kittens and puppies in cages were dying. Some caring people in Chengdu immediately organized rescue. A caring person who participated in the on-site rescue said that the delivery place of these cats and dogs was Chengdu Sanlian Flower and Bird Market, and the merchants delivered live pets to the buyers in the name of selling "blind boxes".

At 22: 30 on May 3, the reporter arrived at Xiqiao West Street, Chengdu Railway Station. The scene was filled with the cries of cats and dogs, which came from cages on the ground.

Chen Yulian, head of Chengdu Love Home Animal Rescue Center:This car pulled a car (cats and dogs) over, and then we followed. They just (turn) the car (cats and dogs) onto this car. Let’s take a look at this van. It’s completely closed. Close the two back doors, and all the cats and dogs must be locked inside.

Subsequently, the two trucks were stopped by volunteers in the rescue center and called the police. The reporter saw that a woven bag was put on the outside of each cage, and ZTO Express’s express bill was posted on each bag. After stopping the van, the volunteers tore a piece of each woven pocket to give the kittens and puppies air and water to drink. Subsequently, the reporter found the person in charge of the express delivery site to understand the situation.

Soon, the police of the local police station and the staff of the street office have arrived at the scene. In the early morning of May 4, these kittens and puppies were safely transferred, and law enforcement officers began to verify the information.

Chengdu Postal Administration: It will be put on file for handling.

The relevant person in charge of Chengdu Postal Administration said yesterday (May 5) that the postal administration immediately launched an investigation after paying attention to the situation of "delivering blind boxes for pets". For the behavior of the courier outlet suspected of illegally receiving and sending live animals, it will be put on file and the handling of the case will be disclosed in a timely manner according to law. At present, the local animal inspection department in Chengdu has temporarily detained all cats and dogs according to law, and temporarily placed them for inspection.

In addition, the ZTO Express company involved also issued a notice saying that these live animals were sold online by e-commerce customers of the platform, and were illegally collected by Lotus Pond outlets in Chengdu, ZTO Express. At present, the express collection business of this outlet has been suspended, and the person in charge of delivery safety of ZTO Express Sichuan Provincial Management Center has been suspended for inspection.

The transportation and delivery of live animals has been clearly stipulated by law.

Since May 1 this year, the Law on Animal Epidemic Prevention has been implemented, and there are clear legal provisions on the transportation and delivery of live animals. On March 19th last year, the State Post Bureau also issued a notice, demanding to regulate the delivery of live animals, severely crack down on the illegal delivery of wild animals and their products, and strictly regulate the delivery of live animals other than protected wild animals. Then, whether the merchants and platforms selling "pet blind boxes" and the express delivery responsible for transportation are illegal, experts have given corresponding interpretations.

Respect the law and refuse the blind box "out of line"

The rise of blind box economy is largely due to satisfying consumers’ curiosity and surprise about uncertainty. However, using blind boxed animals to build some people’s happiness on the basis of animal suffering or even loss of life is a departure from human nature and alienation of entertainment. Merchants must abide by the relevant laws and regulations on the delivery of live animals, and courier companies should not knowingly commit crimes.Respect for human nature, respect for the law, and people’s hearts are not blind, so there will be no such bad and out-of-line blind box.

　　Although the level of playing football has not yet been in line with the international standards, many domestic football stars have a sense of touch in fashion. And the high income and frequent opportunities to go abroad also enable them to get in touch with the most cutting-edge things in fashion. Over time, these stars have gradually formed their own set of "fashion classics".

　　Hui XieGood taste

　　Dress up, the model wife listens to him.

　　When it comes to players and fashion, everyone will think of Xie Hui first. This handsome star who just went to Germany to continue studying abroad is also recognized as a fashion gentleman in the circle, showing fashion elements from head to toe. Moreover, Xie Hui is also a frequent visitor to various catwalk activities, which is not something that ordinary people can do.

　　

　　

　　Xie Hui and his wife walked the catwalk together.

　　In terms of dress, Xie Hui doesn’t like to follow the crowd. "Many people think that as long as they buy the best brand, they are pursuing fashion. I don’t think so. While pursuing the brand, I prefer the brand that suits me. " As for shoes and bags, Xie Hui thinks it is very important to match clothes. "The choice of bags and shoes can play a very good role, otherwise the whole body will fail."

　　Is Xie Hui’s wardrobe full of clothes? "I may have more clothes than others, because I like to buy clothes and keep up with the trend." Xie Hui said, "However, don’t think that I have too many clothes, or I often keep changing new clothes." Xie Hui buys clothes, and never buys clothes that are worn for one quarter and immediately eliminated the next year. "I like to buy some clothes that can last for a long time, no matter the brand or the style. Many of my clothes, whether in style or texture, can be worn for a long time. "

　　Does Xie Hui’s fashion inspiration come from his supermodel wife Tong Chenjie? "On the contrary, I have more ideas than my wife. When we buy clothes together, I often give her advice and she listens to me." Not only clothing, including furniture, daily necessities and so on, if you need to make up your mind, it’s basically Xie Hui. "Because I have a good eye, Tong Chenjie also trusts me."

　　Yu Tao is the most willing.

　　Shopping, brand recognition regardless of cost

　　Someone once said: "Pu Wei said that her bag brand was big, and Yu Tao smiled." Yu Tao really loves to buy bags, but Yu Tao likes to buy clothes more than bags.

　　When Yu Tao was in the National Youth Olympic Team, he often had the opportunity to play abroad. At that time, Yu Tao chose luxury goods regardless of the cost. "At that time, he was young and casual, and he bought what he liked, regardless of whether he needed it or not." One more thing, when I bought clothes abroad, my best friend Qu Bo always stood on the side of the salesperson, so that Yu Tao couldn’t help but pay for it. "With the encouragement of Qu Bo, I bought a lot of things."

　　LV and PRADA are the first choice for Yu Tao to buy bags, while Yu Tao prefers clothes designed by Italian designers such as PRADA, Cerruti1881 and ARMANI.

　　What satisfied Yu Tao the most was a KENZO suit he bought when the Olympic team was training in Paris. At that time, Yu Tao took a fancy to this black suit when he was shopping, and it fit perfectly after trying it on. "It felt like it was made for me, so that a thin person like me could buy such a suit in Europe. I wanted it without thinking." As a result, this suit was really put to great use. Yu Tao took this KENZO suit as the second formal suit at the wedding with his wife Ren Ne.

　　In fact, at the beginning of buying clothes, Yu Tao had no specific brand concept. "At that time, there was no brand awareness, so I felt that expensive things must be good. Later, I gradually got to know so many brands, and I really have something extraordinary in terms of workmanship and texture. " Today, Yu Tao’s wardrobe is full of brand-name clothes he bought from abroad and at home in the past two years.

　　SunjiEmphasis on individuality

　　Understanding, suitability is the best.

　　Sun Ji, the elder brother of "Lucky Brothers", is good at matching different clothes according to different occasions, which is due to his frequent reading of fashion magazines and watching various top fashion shows regularly broadcast by TV stations. However, Sun Ji believes that it is not enough to just look at it. The key is understanding. "In addition to observing other people’s dressing styles, we must also find a feeling that suits us. Dressing that suits others may not suit us." Sun Ji’s friend said to him, "Ah Da, if you don’t play football, you can be a runway model. What a nice clothes rack." Sun Ji laughed heartily. "How can you say that? When I buy clothes, the shop assistants all say that."

　　The brand of clothes is not Sun Ji’s most concerned point, but the texture and style of clothes are Sun Ji’s first consideration. Sun Ji prefers clothes that are casual and not stuffy, but have a little shape but don’t look fancy, such as standing collar, or the neckline is asymmetrical, left or right, which makes people look youthful and lively. Sometimes, on a whim, Sun Ji will also buy a dress with a jump color.

　　Sun Ji not only pays attention to the collocation of clothes, but also the collocation of backpacks. Sun Ji always likes backpacks, and his favorite brand is GUCCI. Under the influence of Sun Ji, Sun Xiang, the younger brother who never used to carry a backpack, was also willing to carry a bag on his shoulder. During the trial training in Eindhoven, Sun Ji found that many local people carried backpacks, which made people feel relaxed and comfortable, so Sun Ji bought a backpack for himself. "Casual and generous, people’s mood is also comfortable."

Editor: Shuo Yang

　　At 8 o’clock, witness the news every day. CCTV will sort out the big and small things that happened around us within 24 hours for you.

　　[Concern of the two sessions]

　　At 9: 00 on the 12th, the Second Session of the 13th National People’s Congress held its third plenary meeting to hear Zhou Qiang, President of the Supreme People’s Court’s report on the Supreme People’s Court’s work and Zhang Jun, Procurator-General of the Supreme People’s Procuratorate’s report on the Supreme People’s Procuratorate’s work; After the plenary meeting, the second meeting of the presidium was held. In the afternoon, the delegation held a plenary meeting to review the revised draft of the foreign investment law and the work report of the "two highs".

　　Wang Zhigang, Minister of Science and Technology: State-owned and private enterprises are treated equally regardless of their origins.

　　On March 11th, the Ministry of Science and Technology answered a reporter’s question on "accelerating the construction of an innovative country". On the issue of encouraging private enterprises, Wang Zhigang said that from the perspective of the Ministry of Science and Technology, it is the same for state-owned and private enterprises to participate in innovation regardless of their origins. The rules are fair and the opportunities are fair. We try to have a good environment and good rules to provide equal opportunities. This is what we have to do.

　　Li Ganjie, Minister of Ecology and Environment, talks about the construction of ecological civilization: related work cannot be said to be important or done to be secondary.

　　3月11日15时，十三届全国人大二次会议新闻中心在梅地亚中心新闻发布厅举行记者会，邀请生态环境部部长李干杰就“打好污染防治攻坚战”相关问题回答中外记者提问。李干杰表示，在保护生态环境问题上，不能道理是道理、干事归干事，说起来重要、做起来次要，抓一阵松一阵，上面督察得紧就抓一下，风头过去了又放一边。更不能因为经济发展遇到一点困难，就开始动铺摊子上项目、以牺牲环境换取经济增长的念头，甚至想方设法突破生态保护红线。

　　多名政协委员建议建立科研人员学术信用记录归档制度

　　学术不端现象，已经从社会舆论领域进入国家行动计划。今年两会中，多名政协委员就此建言，提出成立学术不端行为独立调查委员会、建立科研人员学术信用记录归档制度等建议。

　　【国内】

　　中办印发文件将2019年作为“基层减负年”。

　　中共中央办公厅近日印发《关于解决形式主义突出问题为基层减负的通知》，《通知》说，近期，习近平总书记专门作出重要批示，强调2019年要解决一些困扰基层的形式主义问题，切实为基层减负；经中央领导同志同意，决定将2019年作为“基层减负年”。

　　The TD-SCDMA built by China Mobile’s 100 billion yuan began to withdraw from the network.

　　On March 11th, the reporter noticed a news earlier in official website, Fuzhou Municipal People’s Government. According to the letter, "after research, it is agreed to cancel 6,535 TD-SCDMA base stations that your company has stopped using, seal the data of TD-SCDMA base stations in the database and recover the original radio station licenses". A technical staff member of an operator said that it is the general trend that 2G and 3G will drop out of the network, and China Mobile’s 3G communication industry chain has little support power to make way for 5G construction, so it is inevitable that 3G will drop out of the network. China Mobile has invested at least 300 billion yuan in 3G networks. At present, the three major operators are making preliminary preparations for the construction of 5G, clearing the frequency and withdrawing from the network.

　　Is it affected for enterprises to reduce personal pensions in the future? Experts say this.

　　In the package of tax reduction and fee reduction policies mentioned in this year’s government work report, a set of data attracts people’s attention: "Reducing the contribution ratio of urban workers’ basic old-age insurance units can be reduced to 16% in all places", and at the same time, "continuing to raise the basic pension for retirees" has achieved 15 consecutive increases so far. Between the "one reduction and one increase" of the pension, it means that less is paid and more is paid. Some people worry that when I retire, will the pension benefits be affected?

　　In this regard, the government work report has a clear response: "It is necessary to reduce the burden of enterprise payment, but also to ensure that employees’ social security benefits remain unchanged, and pensions are reasonably increased and paid in full and on time, so that social security funds can be sustainable and enterprises and employees can benefit."

　　Three departments: primary and secondary schools are not allowed to set up food business places such as canteens on campus.

　　According to the website of the Ministry of Education, the "Regulations on the Management of Food Safety and Nutrition Health in Schools" formulated by the Ministry of Education, the State Administration of Markets, the National Health and Wellness Committee and other departments was recently announced and will come into force on April 1, 2019. The "Regulations" clarify that primary and secondary schools and kindergartens are generally not allowed to set up food business places such as canteens and supermarkets on campus.

　　[international]

　　The "black box" has been found, and many countries have called a time-out for Boeing 737MAX8.

　　According to rescuers in front, the black box of flight ET302 that crashed yesterday has been found and brought back for testing by Ethiopian Airlines staff. Official website, Civil Aviation Administration of China, announced early on the 11th that the Civil Aviation Administration had asked domestic transport airlines to suspend the commercial operation of Boeing 737-8 (737MAX 8) aircraft before 18: 00 that day. At this time, the worrying Ethiopian Airlines crash happened only one day. Shortly after China released the relevant news, Indonesian and Mongolian countries also took similar grounding measures.

　　The US Treasury Department announced sanctions against a Russian-Venezuelan joint venture bank.　

　　On the 11th, the US Treasury Department announced the imposition of sanctions on a Russian-Venezuelan joint venture bank on the grounds that it provided relevant support and services to Venezuelan oil companies. Background information: On January 23rd, Guaido, president of Venezuelan Parliament and leader of the opposition, proclaimed himself as "interim president" and was recognized by the US government. On January 28th, the US Treasury Department announced the imposition of sanctions on Venezuelan oil companies. In order to force Venezuelan President Maduro to step down, the United States has continuously increased its sanctions against Venezuela. Venezuelan government condemns US sanctions against Venezuela.

　　"Brexit" and "terrorist attack" anxiety, the British turned to "chicken soup for the soul"

　　According to the report, in 2018, Britain experienced a series of blows, such as terrorist attacks, unsuccessful Brexit and the elimination of the World Cup. People tried to seek spiritual comfort and peace in the sea of books, so inspirational books were very popular. According to statistics, books such as Chimpanzee Paradox: Controlling Irrational Impulse, Stress Solutions: Four Steps to Make You Calm, Happier and Healthier, Digital Minimalism: Living Better with Less Technology, which provide advice on how to deal with negative emotions and teach people how to cope with life stress, have made the bestseller list.

　　Get rid of "colonial color"! African independent countries want to change their names to avenge their shame.

　　A few days ago, Cook Islands, a South Pacific island country, planned to change its country name, abandoning the country name taken from the surname of james cook, a British navigator in the 18th century, and replacing it with a new country name that can reflect Polynesian characteristics. In fact, it was very common for African independent countries to change their names in the 20th century, and most of them were aimed at getting rid of the "colonial color".

　　40 years of global warming: the warming rate in the Russian Arctic is four times faster than that in the world.

　　According to Sputnik, the average annual temperature in the Russian Arctic in 2018 was 2.48 degrees higher than the normal temperature. According to the data from the Institute of Global Climate and Ecology, the speed of warming in the Russian Arctic in recent 40 years is four times faster than that of global warming.

　　Society

　　Wechat platform will crack down on drug sales and help friends forward or be punished.

　　Wechat Security Center recently announced that the use of WeChat personal account to publish sales information of "illegal contraband" violated the Criminal Law of People’s Republic of China (PRC) and other relevant laws and regulations, and the WeChat security team will resolutely deal with and severely crack down on illegal activities.

　　China Consumers Association released the list of car complaints last year: Mercedes-Benz BMW Audi was on the list.

　　The China Consumers Association released a report on the 11th, saying that the data of automobile complaints accepted by the National Consumers Association in 2018 were analyzed, and it was found that BYD had the largest number of complaints from the top ten brands involved, and the three German luxury car brands Mercedes-Benz, BMW and Audi were all on the list. "The three German luxury car brands Mercedes-Benz, BMW and Audi are all on the list, which also reflects the upward trend of automobile consumption. This complaint data is absolute, and consumers should consider it comprehensively because of the different sales volume and ownership of each automobile brand. " The report said.

　　Shanxi police recovered a number of high-grade cultural relics such as the "drum-building seat with snake pattern" in the Warring States period.

　　The reporter learned from the Shanxi Provincial Public Security Department on the 11th that from January to February, 2019, Shanxi police cracked 110 cultural relics crimes, arrested 260 suspects, destroyed 24 criminal gangs and recovered 5,259 cultural relics, including 26 first-class cultural relics, 26 second-class cultural relics and 128 third-class cultural relics. Among the recovered cultural relics, a number of high-grade cultural relics belonging to the Warring States period, such as the "drum-building seat with snake pattern", shocked the academic community. At present, a number of recently recovered national treasures are being exhibited to all sectors of society in Shanxi Museum. Among the newly exhibited precious cultural relics, there are national first-class cultural relics, such as bronze reeds with animal face patterns, four-legged bronze reeds, bronze reeds with animal face patterns, etc. Among them, a bronze weapon of the Warring States period, "drum-building base with snake patterns", is exquisite and has attracted great attention from the archaeological and cultural circles.

　　Guangxi informed that the cleaner was beaten by four men and women: three were arrested and one was reprimanded.

　　According to WeChat WeChat official account, the port branch of Fangchenggang Public Security Bureau, Guangxi, on the 11th, the police informed the cleaners that they were beaten by four men and women: three people were punished by administrative detention for 10 days, and one was punished by admonition and education because of minor circumstances.

　　12-year-old chubby neck is black and can’t be washed clean. Doctor: Be careful of diabetes.　

　　Tao Tao, a 12-year-old elementary school student, was a picky eater since he was a child. He didn’t like vegetables, and he couldn’t live without meat. He especially liked fried chicken and hamburgers, and he didn’t like sports at ordinary times. He weighed more than 140 kilograms at an early age. Originally, the skin was white, but the neck was surrounded by a "black scarf" that could not be washed away. After the examination of endocrinology department in Houhu Hospital of central hospital of wuhan, it was found that this was acanthosis nigricans caused by obesity, and the doctor said that if it was not controlled, it might develop into diabetes.

　　The 41-year-old master’s son is still unmarried, and his old father didn’t take him back to his hometown for the New Year for four years: he was ashamed to see anyone.

　　Recently, a grandfather of Wansong Academy in Hangzhou, Zhejiang Province said that he had come to Hangzhou from his hometown of Anhui to make a blind date for his 41-year-old son with a master’s degree. He said that he had not let his son go home for the New Year for four years, because his son had no face to see his elders in Jiangdong because he was afraid of jokes.

　　Leather dress and boyfriend jacket … … Do you like this school uniform?

　　Recently, five school uniform items designed by students of Zhejiang Sci-Tech University’s campus entrepreneurship team were officially launched as the periphery of the official campus. There are striped sweaters, boyfriends’ jackets and jackets, cool leather skirts, retro colors and school-specific logo. Isn’t it cool? On the first day of publication on WeChat WeChat official account, the tweets of school uniforms exceeded 10,000.

　　[Sports]

　　The 2019 All England Badminton Open ended, and China won three championships.　

　　The 2019 All England Badminton Open ended in Birmingham, England on the 10th local time (the early morning of 11th Beijing time). China won the women’s singles, women’s doubles and mixed doubles in five events, becoming the biggest winner of this competition.

　　After the Winter Olympics, there was another breakthrough, and the China wheelchair curling team won the first World Championship.　

　　On the evening of 10th local time (the early morning of 11th Beijing time), China’s wheelchair curling team defeated the host Scottish team 5-2 in the final of the World Wheelchair Curling Championships and won the gold medal in the 2019 World Wheelchair Curling Championships. After winning the first gold medal of the China delegation in the Winter Paralympics in Pyeongchang Winter Olympics, the China wheelchair curling team made a new breakthrough.

　　[face]

　　On March 9, the referee Fu Ming (third from right) after the game.

　　[Fu Ming] The referee of Luneng Jianye War was suspected of plagiarism and responded.

　　On the afternoon of March 9th, in the second round of the Super League, Shandong Luneng drew 2-2 with Henan Jianye. During the game, Fu Ming, the international referee on duty, was punished several times, which caused dissatisfaction among the home team. After the game, some netizens exposed the plagiarism of Fu Ming’s paper, and checked the weight as high as 54.84%, and boarded the hot search. In this regard, Jincheng College of Nanjing University of Aeronautics and Astronautics (China Southern Airlines Jincheng College) responded that it will continue to pay attention and will respond and deal with it according to the investigation conclusions of its degree-granting units.

　　It is worth noting that at the new season mobilization meeting held by the China Football Association in February 2019, the China Football Association confirmed that a team of professional referees of the China Football Association would be formed by domestic excellent referees and foreign professional referees. The first batch of professional referees of China Football Association consisted of six people, including Fu Ming.

　　[Quan Douhuan] The former president of South Korea was tried on suspicion of damaging his reputation.

　　Former South Korean President Quan Doo-hwan was tried again as a defendant in Gwangju District Court on the 11th for allegedly damaging the reputation of the participants in the "5.18 Gwangju Incident". According to Yonhap News Agency’s report on March 10th, Quan Douhuan and former President Lu Taiyu were accused of initiating civil strife during the "December 12th Military Rebellion" and "May 18th Gwangju Incident", and were prosecuted in December 1995 and tried and sentenced in 1996.

　　[O ‘Sullivan] A thousand strokes broke the 35th crown of a hundred wins career and opened a new era of snooker.　

　　In the early morning of 11th Beijing time, the 2019 Snooker Players Championship ended in Preston, England. "Rocket" O ‘Sullivan defeated Robertson 10-4 in the final and successfully defended his title. This is O ‘Sullivan’s 35th ranking champion, just one step away from "Billiards Emperor" Hendry. At the same time, with the help of three shots in this game, O ‘Sullivan broke a hundred times in his career, an unprecedented achievement.

　　[Liu Xinglei] One-armed courier: I can do what others can do.

　　Liu Xinglei, who lives in Zhongzhou Street, Zhongxian County, Chongqing, is a courier who has been working for more than half a year. At the end of last year, a photo of him carrying a parcel for delivery was photographed by a customer and sent to the Internet, which swept the circle of friends of Zhongxian people — — The sleeve in the first half of the right arm is empty, and the parcel is supported only by the end. "Although I am a disabled person, I can support myself as long as I have a little more strength and sweat than a healthy person."

The second on the left is Kelly Catlin.

　　[Kelly Catlin] The 23-year-old American Olympic medalist committed suicide.

　　The American Cycling Association (USA Cycling) announced on the 10th local time that Kelly Catlin committed suicide on the 8th at the age of 23. She is an American cyclist, who won the World Championship three times and helped the United States win the silver medal in the cycling women’s team event in Rio Olympic Games.

　　See you at 8 o’clock tomorrow!

　　china reading limited(0772.HK) On March 18th.sunThe annual performance report for 2023 was released. The performance shows that the company achieved revenue of 7.01 billion yuan, and the net profit attributable to shareholders of the company reached 800 million yuan, up 32.3% year-on-year. The net interest rate of returning to the mother reached 11.5%, up 3.5 percentage points year-on-year. The operating profit of reading articles was 710 million yuan, up by 12.8% year-on-year, and the operating efficiency and profit performance were both improved.

　　Hou Xiaonan, CEO and President of Reading Group, said that the company continued to build an IP life cycle development system, using AI technology to empower creators, and the content ecology was continuously consolidated. In terms of online business, optimize product operation and channel structure to promote the ecological competitiveness of fine content. The growth of reading at the starting point reached a record high, and Tencent animation assets were acquired to enhance the advantages of IP incubation and reserve.

　　The performance report shows that in 2023, the online reading business realized a revenue of 3.95 billion yuan, and the starting reading income increased by 40% year-on-year. The number of new writers on the platform reached 380,000, the number of new works exceeded 670,000, and the number of new words reached 39 billion. The number of newcomers and their achievements are outstanding. After 60% is 00, the number of newcomers whose total income exceeds 100,000 yuan has increased by 60% year-on-year.

　　On the user side, reading articles strengthens the connection between readers and works through a series of operational activities. The total number of words in "This Chapter" of "The Ring of Destiny" from the beginning of reading in 2023 exceeded 70 million, and a single user dubbed the work for more than 2,800 times. The official theme station "Curly Baboon Research Association" of "Lord of Secrets" gathered over 600,000 fans in the first month, and the daily activities of users increased by over 200%.

　　Thanks to the active creative ecology and effective copyright protection mechanism, the starting point reading income increased by 40% year-on-year. The subscription records of the platform have been continuously broken, and the number of new works with an average subscription of 100,000 has increased by 125% year-on-year. In 2023, the average MAU of reading platform reached 210 million, and the average number of monthly paying users reached 8.7 million, up 10.1% year-on-year.

　　Hou Xiaonan said that in order to realize the social and commercial value of head IP in the whole life cycle, the construction of IP life cycle development system has always been the top priority. During the reporting period, reading articles continued to increase the explosion rate of different content forms. The data shows that in 2023, reading copyright operation and other income was 3.06 billion yuan, with a growth rate of 46.2% in the second half of the year.

　　In terms of film and television, reading the text has launched some excellent hit works such as "Up with a flurry", "Ordinary Road", "The Sun is with me" and "The Sneaker". In the field of animation, the sequel and new fan of classic IP-adapted animation were introduced, such as "Breaking the Sky" topped the list of the most popular countries in Weibo for three consecutive months. In the field of comics, the popularity of 13 comics has exceeded 100 million. In the field of games, the works "The Legend of Immortal Cultivation" and "Swallowing the Starry Sky" authorized by reading the text were successfully launched, showing the competitiveness of IP in the game market.

　　In the Spring Festival of 2024, YOLO, a film owned by Yuewen Group, won the box office championship, with a total box office of over 3.4 billion yuan. In the follow-up, reading will usher in the big product cycle of IP business. Except for YOLO, the films Under Aliens and Customs Front are progressing smoothly. In terms of drama series, Joy of Life’s works such as the second season rank in the forefront of Tencent’s most anticipated video list.

　　Reading actively explores emerging content forms such as short plays, accelerates the comprehensive application of AI in IP ecology and the process of going to sea, and drives the long-term diversified growth of the company’s business. In terms of short plays, reading the article released the "Star River Incubation Plan for Short Plays", and launched three major initiatives: 100 IP cultivation plans, 100 million yuan creative fund support and exploring interactive short plays. In terms of AI technology empowerment, the first big model of the online text industry, "Reading the Wonderful Pen" and the wonderful pen version of the writer’s assistant, was released. The overseas business process has accelerated, and the overseas reading platform WebNovel provides about 3,800 Chinese translations and about 620,000 local original works.

The game developers’ conference struck, focusing on the game ETF(516010) opportunity. The intraday turnover exceeded 66 million yuan, and the net inflow in the past 10 days was nearly 100 million yuan.

The Global Game Developers Conference (GDC) was held in San Francisco from March 18th to March 22nd. The conference will hold hundreds of conferences covering AI, VR, AR, audio, vision, programming and other topics. The participating manufacturers include Microsoft, Google, NVIDIA, Meta, Adobe, EPIC, Unity, Roblox, Tencent and Netease.

In addition, many media reported recently that the national service of Blizzard Games is expected to officially announce its return within one month. It is understood that after the return of Blizzard National Service, Netease Entertainment Guangzhou will be responsible for the operation and Thunder Fire will be responsible for the marketing, which has aroused the concern and expectation of the majority of game lovers.

In addition, the continuous issuance of version numbers, the increase in number and the approval of heavy game version numbers have boosted industry development and market confidence, and driven the opening of new product cycles.

With the development of artificial intelligence, various tools such as art, music and copywriting have been initially implemented and iterated, and connected to the game engine for the convenience of developers. In terms of game development, some companies have initially integrated AIGC creative tools into their own art development process. In terms of gameplay innovation, AI native gameplay mainly focuses on medium and light products, but heavy products have been integrated with AI content in art design to enhance player experience and payment.

Investors who don’t have a stock account can grasp the investment opportunities of the game sector through the linked fund of the game ETF (012729).

Note: Market views change with the change of market environment, and do not constitute any investment suggestions or commitments. The individual stocks mentioned in this paper are for reference only, and do not constitute stock recommendation, nor do they constitute a forecast and guarantee for the performance of the fund. If you need to buy related fund products, please choose products that match the risk level. The fund is risky and needs to be cautious in investment.