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At the end of last year, SAIC released the official map of the first SUV model of MG brand for the first time, and then, the car was named "MG GS" by SAIC. Considering that pure English names may not be conducive to later marketing, it is particularly important to have a suitable Chinese name. A few days ago, Netcom learned from the official SAIC passenger car that the Chinese name of MG GS was officially designated as "MG Ruiteng", and this SUV will be released and listed in April this year. Although the name may sound awkward for the time being, I believe that with more in-depth publicity, the word MG Ruiteng will be familiar to more consumers.

MG Ruiteng is a high-performance SUV that integrates the superior resources of SAIC in styling design, power control, off-road performance, comfortable driving and intelligent application of car networking. After Ruiteng is officially put into production, all models sold in China will be named in Chinese, while those exported overseas will continue to use the name "MG GS".

Not long ago, SAIC officially released a new strategic SUV architecture SSA platform, and MG Ruiteng is the first product developed based on this technology platform. As a compact SUV, Ruiteng has a body length, width and height of 4,500 mm/1,855 mm/1,675 mm (without luggage rack) and a wheelbase of 2,650 mm.. Thanks to the advantages of wheelbase and car length, the spatial performance of MG Ruiteng is better than most competing products at the same level.

Combining English Classics with Modern Urban Design

As an SUV model focusing on urban life, MG Ruiteng has both the agility of cars and the good passability of SUVs in appearance. The ground clearance of 185 mm and the design of 28 approach angle and 23 departure angle ensure that Ruiteng can meet most urban road conditions. In addition, the MG brand also used the design theme named "prism aesthetics" for the first time, and combined it with classic British elements to form a passionate collision between modernity and tradition.

If the family-style design of the front part doesn’t surprise you, then I believe that when you first see the tail of the MG Ruiteng, you will think it is a highly original product. Through a series of sketching treatments on the lines of the tailgate and the hexagonal taillight group, the whole tailgate is in an upward posture. As for the sporty features, you can find the "shark fin" car antenna from the roof of Ruiteng, and you can also see the edge of the lampshade with aerodynamic design when the taillights are turned on.

Strong power, 100 kilometers acceleration, the fastest in the same class

Counting some mainstream compact SUVs in the market at present, the acceleration time from zero to 100 kilometers of all models equipped with 2.0T engines is basically maintained at more than 9 seconds. Take the representative Volkswagen Tiguan and Ford Maverick for example, their acceleration time is 9.7 seconds and 9.4 seconds respectively. From this point of view alone, MG Ruiteng’s performance of breaking 100 seconds far exceeds that of its peers.

Fall in love with the British star spokesperson is ready to go.

It is understood that MG is looking for an image spokesperson for this new SUV model, and the selected scope is also concentrated in the field of British local film and television stars. According to the information we have, four big-name actors have entered the field of vision of the MG, namely, Ben Juan, Hermione’s actor Emma Charlotte Duerre Watson, "007" daniel craig and "Bean" Rowan Sebastian Atkinson CBE. It can be said that the above four people are the most important people in contemporary Britain, and from them we can see many characteristics that match the MG Ruiteng. (Netcom News Agency reported in Beijing on February 2, 2015)

It was reported on April 19th that just now, the domestic digital-analog hybrid chip design company landed in science and technology innovation board, and its main business is power management and fast charging protocol chips, with an issue price of 24.23 yuan/share.

After the opening, the opening price of Yingjixin was 24.23 yuan/share, and then the share price fell, with the biggest drop of 9.5%. As of the date of writing, its share price is 22.31 yuan/share, down 7.92%, with a total market value of 9.3 billion yuan.

Founded in 2014, Yingjixin is currently one of the major chip suppliers in other application fields.

There are about 230 models of products generated by Yingjixin, which are used in mobile power supply, fast charging power adapter, wireless charger, car charger, TWS earphone charging bin and other products. From 2018 to the first half of 2021, its chip sales reached 1.728 billion, and the final brand customers included Xiaomi, OPPO and other manufacturers.

During the reporting period, the revenue of CIMC showed an increasing trend. The revenue of each period in 2018, 2019, 2020 and the first half of 2021 was.

Yingjixin has no controlling shareholder, and the actual controller is Huang Hongwei, chairman and general manager of Yingjixin. In this IPO, CIMC plans to raise 400 million yuan, which will be used for three projects: development and industrialization of power management chips, development and industrialization of fast charging chips and supplementary liquidity.

▲ Fund-raising of Yingji Core Program

Yingjixin was established on November 14th, 2014, when its shareholder was Qiu Fangfang. According to the prospectus, Qiu Fangfang was the spouse of Zeng Lingyu, a member of the founding team.

As the founding team is starting a business for the first time and there are many uncertainties, Qiu Fangfang is jointly selected as the nominal shareholder, and the trustees include 16 people including Huang Hongwei, Ding Jiaping and Zeng Lingyu.

▲ Huang Hongwei, Chairman and General Manager of Yingjixin

It is worth noting that. Among them, LING HUI worked as general manager, general manager and senior vice president of the Internet of Things Division in China Resources Siwei Technology (Shanghai) Co., Ltd., Guangzhou Anbao Electronics Co., Ltd. and Shenzhen Bettler Electronic Technology Co., Ltd., and joined Yingjixin as technical director in July 2020.

Among the other four people, Huang Hongwei, Chairman and General Manager of Yingjixin, Dai Jialiang, Director of System R&D Department, Zeng Lingyu, Deputy Director of IC R&D Department, and Tang Xiao, Deputy Director of IC R&D Department, all worked together in Xinhengfu Technology, a subsidiary of Juli Integration and Fuman Electronics.

In 2013, 10 people, including Huang Hongwei, left Torch Power Integration and planned to start a business in the field of power management chips, but they lacked financial support. Fuman Electronics plans to enter the power management chip market through its Xinhengfu technology. So the two sides jointly created Xin Yiman, and Huang Hongwei and others joined Xinhengfu Technology.

After the establishment of Xinyi Man, the cooperation was finally terminated in October 2014, and the company was cancelled in June 2016.

However, this cooperation has also brought about a long-term lawsuit between Fuman Electronics and CIMC. Fuman Electronics, its subsidiaries Xinhengfu Technology and Liu Wenjun initiated six lawsuits against Yingjinxin, and there were disputes over intellectual property rights and technology patents with Yingjinxin.

According to a source quoted by Jiwei.com, in the fourth quarter of 2018, Fuman Electronics was optimistic about the advantages of Yingjixin in the charging treasure and wireless charging market, and planned to acquire Yingjixin. However, after the negotiations failed, Fuman Electronics began to dig people. The earliest lawsuit of Fuman Electronics against Yingjixin also began in November 2018.

At present, among the six lawsuits filed by Yingjixin, Fuman Electronics and Liu Wenjun, five lawsuits have reached a settlement, and the plaintiff has withdrawn the lawsuit and closed the case. The administrative lawsuit of Fuman was decided by Beijing Intellectual Property Court in January, 2022, which rejected the plaintiff’s claim of Fuman Electronic Litigation, and Fuman Electronic refused to accept it and filed an appeal. The case is still being accepted by the Supreme People’s Court.

During the reporting period, the revenue of CIMC showed an increasing trend, with revenue of 217 million yuan, 348 million yuan, 389 million yuan and 356 million yuan in the first half of 2018 -2021 respectively, with a compound growth rate of 34.04% from 2018 to 2020.

In terms of profit, the net profit of Yingjixin in the first half of 2018 -2021 is.

▲ Changes in revenue and net profit of CIMC in the first half of 2018 -2021.

The main source of revenue for CIMC is that from 2018 to 2020, the revenue of CIMC power management chips will increase from 194 million yuan to 268 million yuan.

However, with the growth of its fast charging protocol chip revenue, its power management chip revenue ratio has dropped from more than 90% in 2018 to 59.38% in the first half of 2021.

▲ Proportion of various businesses of CIMC in the first half of 2018 -2021.

From 2018 to the first half of 2021, the R&D expenses of Yingjinxin were 33.2275 million yuan, 44.2605 million yuan, 50.65 million yuan and 38.7085 million yuan, respectively, accounting for 15.34%, 12.72%, 13.01% and 10.88% of the operating income in the same period.

By the end of June, 2021, CIMC had a total of 61.48% employees. It has obtained 79 domestic patents, including 49 invention patents and 30 utility models. Yingjixin also owns 115 registration certificates of integrated circuit layout design and 11 computer software copyrights.

During the reporting period, the main customers of Yingjixin were basically stable, and most of them were dealers, including Shenzhen Zhihengtong Electronics Co., Ltd. and Shenzhen Zhuorui Sitron Technology Co., Ltd.. Through distributors, its ultimate brand customers are.

▲ Top five customers of CIMC in the first half of 2018 -2021

As a chip design company, the main procurement projects of CIMC include. According to the prospectus, the main wafer supplier of Yingjixin is, and the main supplier of packaging and testing services is Tianshui Huatian Technology.

▲ The top five suppliers of Yingjixin

From the perspective of the whole industry, the global power management chip market is highly concentrated, and its market share is mainly occupied by international enterprises such as Texas Instruments, Infineon, Power Integrations and MPS.

At present, China power management chip companies such as Shengbang, Xinpengwei and Jingfeng Mingyuan have successfully landed in the capital market and gradually have a certain scale of operation. However, domestic manufacturers have a certain gap with international head manufacturers in market share and technical strength.

▲ Market share of Yingjixin and comparable domestic companies in the same industry in power management chips.

According to the prospectus, there is a gap between Yingjixin and overseas famous brands in terms of business scale and overall technical strength. However, in the product field in which it focuses, the performance index of Yingjinxin products is similar to that of Texas Instruments, PI, Infineon and other corresponding products, and it reaches or even exceeds the products of overseas companies in the same industry in terms of integration, compatibility and the number of supporting agreements.

The power management chip of CIMC is mainly that this scheme adopts a single mixed digital-analog SoC chip, which can replace the functions that traditional digital and analog chips can achieve with a mixed digital-analog SoC chip.

Through this mixed digital-analog SoC integration technology, CIMC can integrate digital chips, analog chips, systems and embedded software into one SoC chip, shortening the development cycle of customers’ finished products and reducing production costs.

In terms of fast charging protocol chips, the products of Yingjixin have been authorized by mainstream platforms such as Qualcomm, MediaTek, Spreadtrum, Huawei, Samsung, OPPO, Xiaomi and vivo. Its products not only support all five kinds of fast charging protocols of domestic communication terminals,

Compared with domestic comparable companies in the same industry, the gross profit margin of Yingjixin is low, which is mainly related to the differences in product structure, functional positioning and application fields, according to the prospectus. Compared with the power management chips of comparable domestic companies in the same industry, the gross profit margin of power management chips of Yingjixin is in the middle-upper level.

▲ Gross profit margin of power management chips of Yingjinxin and comparable companies in the same industry from 2018 to the first half of 2021.

Due to the scattered equity, Huang Hongwei, its chairman and general manager, directly holds 1.21% of the shares of Yingjixin, and indirectly controls 33.28% of the shares through three employee stock ownership platforms: Zhuhai Yingji, Zhuhai Yingxin and Chengdu Yingjixin Enterprise Management, and controls a total of 34.39% of the shares.

▲ Equity structure of Yingjixin

Shareholders who own more than 5% of the shares of Yingjixin include Shanghai Wuyuefeng, Beijing Core Kinetic Energy and Gongqingcheng Keyuan, with 27.61%, 9.59% and 6.63% of the shares respectively.

In addition, funds such as Shanghai Science Venture Capital and Suzhou Juyuan Casting Core also hold some shares of Yingjixin.

▲ Share capital of Yingji Core

The power management chip is a chip that is responsible for the transformation, distribution, detection and other control functions of the required electric energy in the electronic equipment system. It is the power supply center and link of all electronic products and equipment, and is an indispensable chip product in the fields of consumer electronics, automotive electronics and new energy.

At present, international leaders such as Texas Instruments and Infineon still dominate the power management chip market. At the same time of domestic chip substitution, domestic power management chip enterprises should carry out technological innovation to win domestic and even foreign market share. As a new domestic power management chip enterprise, Yingjixin’s products adopt mixed digital and analog chips which are different from the traditional ones, and its listing may help to increase the market share of domestic power management chips.

At present, with the rapid expansion of the power management chip market, many new chip companies have been founded or entered this field. If we can’t grasp the development trend and market dynamics of the industry, there are certain operational risks.

Special feature of 1905 film network The summer vacation is coming to an end, and the animated films, western films and martial arts films carefully arranged by the film channel have come to an end one after another. Are you worried that there will be a "film shortage" in front of the TV?

Today, we recommend a domestic masterpiece, Douban with a score of 6.6. It won the "Creative Movie Script" in the 15th Cheyenne Cup Excellent Movie Script Collection for its exquisite script structure and meticulous storyline, and was later shortlisted for the special screening unit of the French Cabral Film Festival, which is famous for its "romantic movies", and it was also the only China movie shortlisted in the film festival that year.

In the conventional cognition, suspense films attract the audience’s attention with the reasoning plot of their criminal themes, while literary films offer an audio-visual feast for the audience with beautiful pictures and soundtracks. And this work, which combines suspense with literature and art, has produced an unforgettable chemical reaction. At 17:55 today, the movie channel will premiere this domestic masterpiece for you.

　Next Door to the Velinsky’s

The story takes place in Huaichuan, a quiet small county along the river in central China. The painter Zhang Xin (ornaments) came here to paint a murder suspect.

"You drew a dead man," the policeman told him. Since then, a secret that has been silent for many years is about to reappear in front of the world.

The film is divided into two perspectives. One is Zhang Xin’s process of constantly visiting and reasoning the truth according to the diary on the spot.

It turns out that the "dead man" mentioned by police officers is Yan Hua (ornaments), the warehouse manager of the dance team, and one of the victims of a serial murder case many years ago.

According to the clues left by the serial murder case in those years, he drew the appearance of the serial murderer, who turned out to be the deceased in this case. The case is deadlocked … …

Through interviews and investigations, Zhang Xin found a person who was related to Yan Hua in those days, Lin Yin (ornaments) — — Yan Hua is the chief of the dance team. Strangely, she also went to into thin air on the same day that Yan Hua was killed.

In the diary at the scene, Zhang Xin found a more bizarre sentence: "I went to Guangzhou after my death." Is Yan Hua dead or not? Or is someone continuing to write Yan Hua’s diary? Can this person be Lin Yin?

At the same time, another perspective of the film is from the perspective of Yan Hua and Lin Yin, which fills in the details for the truth.

Yan Hua loves dancing and often practices quietly behind the stage, but she has never had a chance to go on stage.

Lin Yin became Yan Hua’s teacher and friend’s salvation. This girl, who always has unknown sadness, encouraged Yan Hua to join the dance team after she left.

After Lin Yin’s last performance ended, both of them left in their own ways.

So, what is the truth?

　salute　

Starting from a murder case, this film uses a classic suspense mode similar to memories of murder to let the audience explore reasoning with the portrait artist Zhang Xin, which creates a sense of substitution and tension while setting off the suspense atmosphere.

Like memories of murder, this film is based on real people and cases — — Based on Zhang Xin, a police model. Directors and screenwriters Zhang Liangxue and Wu Tongli have done a lot of background research on Zhang Xin’s deeds.

The special feature of the whole film structure lies in the clever use of narrative techniques and the way of time line shuttle to objectively and vividly show the changes of the times, making the film more delicate and layered. At the same time, it also creates a real and three-dimensional role, presenting everyone’s fate and choice as real and moving.

The story of Yan Hua and Lin Yin conveys the tenacious and beautiful female strength, and also reveals the helplessness of fate. Dance, a seemingly close dream that can never be reached, is Lin Yin’s way of feeling the world, and it is also a part of turning the wheel of fate, so that accidents and helplessness come to them.

Things are changeable, and the once glamorous dance performance industry is gradually declining. Some dance teams leave, some change careers, and each starts a completely different life. This land bears witness to everything.

　The Multi-layer Meaning of "Distant Mountains and Pale Shadows"　

The title of "Distant Mountains and Pale Shadows", which is reminiscent of the works, is not only a hint of suspense, but also a light and shadow and beautiful scenery throughout the film. The film combines the realism of suspense films with the imagery of literary films, interspersed with the changes of color, light and shadow, and composition in the reasoning story, which makes the picture unique in beauty and charm, and also implicitly conveys the emotions of the characters.

Beautiful and graceful dancing in the sunset, accompanied by infectious music, brings the audience closer to the role.

The hazy rain scene and the vastness and desolation of the distant mountains and shadows are thought-provoking.

In the film, the two actresses have similar temperament to the title of "Distant Mountains and Shadows". They connect with each other with natural and beautiful dances, showing a unique charm of "you have me", which also complements the suspense theme and vague scenery of the whole film.

Perhaps, as Lin Yin once said: Life is like a night river. You rush through it, and no matter how hard you try, you can’t stay in your favorite place.

And all we can do is feel the world, even if there are regrets and confusions, but this is the way to prove that we existed.

In such a suspense film full of literary color, follow the mystery left by the murder case and go back to the town in the 1980s and 1990s to witness the story of an era.

On May 21, the official announcement of the China Watch Awards lineup announced that the guests attending the 18th and 19th China Film China Watch Awards Ceremony on May 23 announced that there were 280 artists, which simply moved to the whole entertainment circle.

Among them, there are many first-line stars: Andy Lau, Shen Teng, Zhang Ziyi, Jason Wu, Zhang Yi … and the blessings of directors: Xiaogang Feng, Huang Jianxin, Xú Zhēng, Wenmuye; At the same time, various traffic stars also gathered on the list: Jackson Yee, Karry, Yang Yang, Zhou Dongyu, YiBo, Angelababy and so on.

The list is as follows:

Abdul Karim Abuli, Allen, Ao Ziyi, Bai Narisu, Baoyin Nimuhu, Bi Gan, Bevan, Cao Jinling, Ceng Guoxiang, Zeng Xiaomin, Changyou, Chen Chong, Chen Daoming, Chen Feiyu, Chen Guohui, Chen Guoxing, Chen Halin, Chen He, Chen Jiashang, Chen Kaige, Chen Kexin, Chen Kun, Chen Wanglin. Du Jiang, Adam, Fan Yuan, Fan Zhibo, Feng Feng, Feng Xiaoning, Fu Yan, Gao Yalin, Geritu, Ge You, Geng Le, Gong Zhe, Gong Geer, Guan Xiaotong, Guo Xiaodong, Hayisha Tabarek, Han Geng, Han Haolin, Han Mei, Hou Jingjian, Hu Bing, Hu Mei, Huang Jiakang, Huang Jianxin, Huang Mei. Li Naiwen, Li Qin, Ruijun Li, Li Shaohong, Li Weiran, Li Xuejian, lianglin, Lin Chaoxian, Lin Lining, Lin Xiaoqian, Lin Yongjian, Lin Yun, Andy Lau, Liu Haocun, Liu Jiangjiang, Liu Jin, Liu Mintao, Liu Mu, Liu Weiwei, Liu Xiaoqing, Liu Xiaoshi, Liu Xunzi Mo, Liu Ye, Liu Yulong, Liu Mu.Bayituken, Rachel Momo, Dahong Ni, Ni Hongjie, Ni Ping, Haiqiang Ning, Ning Jingwu, Ning Zongyuanda, Pan Binlong, Peng Yuchang, Qixi, Qiao Xin, Qin Hailu, Qu Jingjing, Quan Yongxian, Ren Dahua, Ren Suxi, Joey Yung, Sha Yi, Shao Yihui, Shen Jian, Shen Teng, Shi Ce, Shu Huan, Song Yiyi. Karry, Miao Xia Wang, Wang Renjun, Tong Wang, YiBo, Wang Changtian, WangZhifei, Wang Zhi, Wei Daxun, Wen Han, Wen Zhaolun, Wen Muye, Wen Xiang, Wu Jing, Wu Lei, Wu Mengzhang, Wu Weidong, Wu Yanshu, Wu Bai, Silzati Yahefu, Xia Wang, Xiao Yang, Xie Junwei, Nicholas Tse. Yang Yang, Angelababy, Yao Tingting, Ye Peng, Jackson Yee, Yin Xiaotian, Yu Fei, Yu Hewei, Kelly, Yu Ailei, Yu Haoming, Zhang Chen, Zhang Fengyi, Zhang Heping, Zhang Ji, Zhang Luan, Zhang Xianfeng, Zhang Xiaofei, Zhang Xin, Zhang Yibai, Zhang Yishan, Zhang Yiyun, Zhang Yifan.Xia Reheman, Chen Douling, Cheng Taishen, Fu Ruoqing, Gao Qunshu, Han Xiao, He Keke, Hu Jun, Ping Huang, Ju Wenpei, Lei Xianhe, Li Xiaofeng, Liu Miao, Liu Mingyi, Su Lun, Qin Hong, Wan Anpei, Wang Fuli, Wang Xiaotang, Wang Xingdong, Wang Yibing, Wen Qi, Xiao Guiyun, Yu Yin, Yu Baimei. Zhou Jun, Zhou Qingyun, Charlie, Zhou Xun, Zhou Yiwei, Zhou Yunhai, Zhu Yawen, Zhu Yanping, Zhu Yanmanzi, Zhu Yilong, THEO, Solemn, Zou Jing, Ba Dema, Bai Baihe, Chen Yu, He Luoluo, Li Huailong, Li Jie, Li Jun, Miao Yue, Qiao Shan, Sun Jie, Wang Jingchun and Yang Shou.

Teresa Teng is a rare talented singer in Chinese music and a key figure in the history of Asian pop culture in the second half of the 20th century. During its active 1970s and 1980s, Teresa Teng made indisputable achievements in Taiwan Province, Hongkong and Japanese performing arts markets respectively, and set a number of first-time records among Chinese singers. Especially in China mainland audience market, Teresa Teng’s influence on people at that time had already surpassed the identity of an ordinary singer, and he was once nicknamed "Lao Deng is not as good as Xiao Deng".

May 8th is the 20th anniversary of the death of Teresa Teng, a famous Chinese singer. Her childhood alma mater and the History Museum of Luzhou Primary School in New Taipei City exhibited old photos and records of Teresa Teng. Liao Hanquan, a teacher in Teresa Teng Primary School, recalled Teresa Teng’s early years, while the New Taipei City Government launched the "Luzhou Special of Teresa Teng’s Hometown" in the latest issue of its subordinate publication "Protecting New Taipei City". On May 9th, Teresa Teng Cultural and Educational Foundation held a "Public Concert for the 20th Anniversary of Teresa Teng’s Death" in Taipei Dome. On the other side, the collective memories of Teresa Teng have come and gone. Not only did the media compete for articles, but the singer Faye Wong also announced that at 5: 08 pm on May 8, Teresa Teng’s unfinished "Qingpingdiao" would be released globally at the same time, and two days later, the duet would be held from a distance.

In the 20 years since Teresa Teng left on May 8, 1995, people’s memory of this Asian singer has never been dull. There are countless commemorative activities for her, which shows that Teresa Teng plays an important role in the Chinese cultural circle.

1. In May 2015, Teresa Teng was resurrected and sang with Yu-Ching Fei and Faye Wong.

Digital Domain makes use of the 3D technology of Hollywood movies, enabling the audience to witness Teresa Teng’s projection on the stage and sing against singer Yu-Ching Fei on May 9th, which will be the most classic and anticipated concert in Taiwan Province. Faye Wong will also launch the unfinished song "Qingpingdiao" on May 8th, so as to achieve duet with Teresa Teng.

Second, in November, 2013, the countdown to the Golden Horse Award, reviewing the beautiful image of Teresa Teng.

During the countdown, the Executive Committee of the Golden Horse Awards played the video materials of Teresa Teng singing in the 17th Golden Horse Awards. In the picture, Teresa Teng wore a white dress with a flat mouth and strapless shoulders, and a "Story of a Small Town" brought the audience back to the singing era that belonged to Teresa Teng.

Third, in September 2013, Jay Chou sang Teresa Teng in concert.

Jay Chou, a singer, recreated Teresa Teng’s 30-year-old figure in a concert held by Taipei Dome by using virtual imaging technology. They sang a song "What Do You Say" across time and space.

Fourth, in May 2013, Faye Wong sang with Teresa Teng.

Teresa Teng’s unexposed song "Qingpingdiao" was first sung in the concert of "After Dreams Come Again" in Beijing for several years. The organizers used technology to realize the duet between Faye Wong and Teresa Teng from a distance, and "Alone in the West Building", "Breeze and Drizzle" and "The Place of First Love" sounded in Beijing, which made up for Teresa Teng’s regret that he had never set foot in the mainland all his life.

5. In May, 2013, Taipei Dome "Teresa Teng Memorial Concert"

Fish Leong kicked off with "Cloudy Clouds", Cao Ge sang "Coffee and Wine", and Jay Chou played and sang "The Story of a Small Town" and "What Do You Say", which coincided with Mother’s Day. Many older Taiwan Province people watched the performance accompanied by their children.

6. In January, 2013, the special exhibition "Chasing Dreams and Forever Teresa Teng" was held.

The exhibition is based on "Three Dreams Teresa Teng Purchased All His Life" and is divided into six exhibition areas, with the background music of Native People, Colorful Yunfei, Walking the Road of Life, I only care about you, I wish people a long time, and When will you come again?

7. In September 2011, the musical "Falling in Love with Teresa Teng" was staged.

On the 16th anniversary of Teresa Teng’s death, the Teresa Teng Cultural and Educational Foundation felt that although Teresa Teng had a legendary life, there was no musical with her as its theme, so it joined Broadway and Beijing Oriental Songlei Group to launch the musical "Love Teresa Teng", which was composed of 33 Teresa Teng songs.

8. In July, 2010, Teresa Teng’s relics were exhibited at Huabo Hall of Fame in Taipei.

In cooperation with Teresa Teng Cultural and Educational Foundation, Taibei Huabo Hall of Fame exclusively exhibited nine unexposed precious clothes, films, diaries, letters and manuscripts of Teresa Teng.

9. In December 2009, Teresa Teng sang in the Taiwan Province Pavilion of the Shanghai World Expo in Wang Leehom.

Singer Wang Leehom served as the goodwill ambassador of the Taiwan Province Pavilion of the 2010 Shanghai World Expo, and released his own theme song "Laugh at the sight of you" which was specially created and sung with Teresa Teng across time and space.

X. In August 1995, Junyuan Teresa Teng Memorial Park was completed.

During the centenary festival in Teresa Teng, Deng’s family inaugurated the Yunyuan Teresa Teng Memorial Park and unveiled the bronze statue of Teresa Teng. The bronze statue of Teresa Teng is shaped like a mermaid. The design of the whole memorial park emphasizes Teresa Teng’s musical achievements, and a huge piano keyboard is built on Park Avenue.

　　Xinhua News Agency, Chongqing, July 31st 　Title: Chongqing: Strive to promote high-quality development and create high-quality life.

　　Xinhua News Agency reporters Li Yong, Han Zhen and Zhou Kai.

　　Since the 18th National Congress of the Communist Party of China, General Secretary of the Supreme Leader has visited Chongqing twice for investigation, participated in the deliberation of the Chongqing delegation at the first session of the 13th National People’s Congress, pointed out the pulse of Chongqing’s development, and emphasized that "efforts should be made to play a supporting role in promoting the development of the western region in the new era and to promote joint construction ‘ Belt and Road ’ Play a leading role in promoting the green development of the Yangtze River Economic Belt, and point out that "accelerate the construction of inland open highlands and beautiful places, and strive to promote high-quality development and create high-quality life".

　　Keep in mind the entrustment and keep forging ahead. Chongqing takes big data and intelligence as the starting point to promote economic transformation and upgrading, accelerates the construction of inland open highlands with the support of channels, platforms and elements, creates a beautiful land with the concept of "ecological priority and green development", and strives to promote high-quality development and create a new chapter in high-quality life.

　　Chongqing urban landscape (photo taken on July 14, 2022, panoramic photo of drone). Xinhua News Agency reporter Huang Weishe

　　Transformation and upgrading, and strive to play a supporting role in the western development in the new era.

　　On January 4, 2016, General Secretary of the Supreme Leader came to Orchard Port for investigation and study, exhorting him to "build, manage and operate the port well, and serve the development of the Yangtze River Economic Belt with first-class facilities, first-class technology, first-class management and first-class service, for ‘ Belt and Road ’ The construction service is good, and it is good for deepening the development of the western region. "

　　In recent years, Orchard Port has made great efforts to build a green and intelligent port, improve multimodal transport and expand port functions. It has been upgraded from a traditional inland river port to a "transit station" connecting the upper reaches of the Yangtze River to the whole world. The data shows that in 2021, the total cargo throughput of Orchard Port was 20.871 million tons, a year-on-year increase of 40.6%; Many economic indicators, such as the volume of containers and the volume of goods shipped by ro-ro vehicles, have reached the best level in history.

The Yangtze River-Indo-China Peninsula International Intermodal Train (China Orchard Port-Vientiane, Laos-Yangon, Myanmar) on the new land-sea passage was launched from Chongqing Orchard Port (photo taken on April 7, 2022). Xinhua News Agency reporter Huang Weishe

　　A series of changes in Orchard Port is a microcosm of Chongqing’s efforts to play a supporting role in the western region. Since the 18th National Congress of the Communist Party of China, Chongqing has implemented an innovation-driven development strategy led by the intelligentization of big data, vigorously developed the digital economy and intelligent industries, and focused on implanting "smart factors" into traditional industries, moving from the old industrial base to the city of innovation, and striving to release the "spillover effect" to the western region.

　　In the frontier science and technology city of Yubei District, after the completion of the "Zhihuiyuan" project, the annual production capacity of more than 50 million smartphones will be formed; At the same time, an electric vehicle led by Changan Automobile, jointly launched by Huawei and Contemporary Amperex Technology Co., Limited, was unveiled at this year’s Chongqing Auto Show, and it is planned to be delivered on a large scale at the end of the year.

　　Electronic information and automobile manufacturing, as two traditional pillar industries in Chongqing, are upgrading: the electronic information industry is expanding from OEM to "core screen device and nuclear network" and "cloud computing"; Automobile manufacturing has "jumped" from automobile and motorcycle parts to new energy and intelligence. In 2021, high-tech and strategic emerging manufacturing industries accounted for nearly half of Chongqing’s industrial added value.

　　The transformation and development of Chongqing has also brought more opportunities to the western region. Logo parsing is the basic common supporting technology of industrial Internet. At the end of 2018, the top nodes in Chongqing were launched and empowered the industrial Internet in the western region. Recently, the node has served 9 western provinces, autonomous regions and municipalities such as Sichuan, Guizhou and Yunnan, and connected 2,708 enterprise nodes. Its logo analysis system has been deeply applied to 19 industries such as automobiles and medical devices.

　　On January 3, 2020, when the General Secretary of the Supreme Leader presided over the sixth meeting of the Central Financial and Economic Committee, he stressed that it is necessary to promote the construction of the twin-city economic circle in Chengdu-Chongqing area and form an important growth pole for high-quality development in the west. As a result, Chongqing and Chengdu, the "Gemini" cities in the southwest, have started a new journey of all-round cooperation and jointly created a high-level model of regional cooperation.

　　According to statistics, in 2021, Sichuan and Chongqing promoted the implementation of cooperation to build 67 major projects; In 2022, the two places launched another list of 160 major projects with a total investment of over 2 trillion yuan. Driven by major projects, the infrastructure in Chengdu-Chongqing area has become more and more dense, the modern industrial system has been accelerated, and the cooperation in scientific and technological innovation has been deepened, which has played a more and more supporting role in the western region.

　　Dare to try first, and strive to build a new situation of opening to the outside world

　　In mid-April 2019, General Secretary of the Supreme Leader pointed out during his inspection tour in Chongqing that Chongqing should increase its support for innovation, unswervingly push forward reform and opening up, and strive to take the lead in opening up and drive opening up in the western region.

　　In recent years, Chongqing has been exploring and innovating in the field of land trade: it has promoted the coordination mechanism of transnational customs, developed the electronic lock of "Guan Tietong" shared by temperature-controlled containers, customs and railways, and opened the first "International Letter of Credit for Railway Bill of Lading" & HELIP; …

The 10000th train of China-Europe train (Chongqing) loaded with electronic products, mechanical parts, daily necessities, etc. leaves from tuanjie village Central Station in Chongqing (photo taken on June 23rd, 2022, photo of unmanned aerial vehicle). Xinhua News Agency reporter Huang Weishe

　　After the successful operation of the China-Europe train, Chongqing opened the "Chongqing-Guangxi New" southbound passage. This passage connects the Silk Road Economic Belt in the north and the 21st Century Maritime Silk Road in the south, and connects the Yangtze River Economic Belt together. The goods it carries flow to 319 ports in 107 countries and regions, covering more than 640 products.

　　Chongqing not only participates in the construction of an international logistics channel, but also relies on the Pilot Free Trade Zone and the Sino-Singapore interconnection project to gather all kinds of open elements around the world and make it a bigger and stronger open platform. According to statistics, in 2021, 312 Fortune 500 companies settled in Chongqing, nearly 100 more than in 2012.

In Chongqing Pingchuang Semiconductor Research Institute Co., Ltd., the staff used equipment to attach chips (photo taken on April 15, 2022). Xinhua News Agency reporter Huang Weishe

　　Driven by the "two-wheel drive" of channels and platforms, Chongqing gathers global consumption resources, stimulates citizens’ consumption potential, takes the lead in cultivating and building an international consumption center city in China, and actively serves and integrates into the new development pattern of "domestic big cycle as the main body and domestic and international double cycles promote each other".

　　A few days ago, an international train carrying 207 cars left Yuzui Station in Chongqing, left the country via Khorgos Port in Xinjiang and finally arrived in Moscow. Today, Chongqing’s China-Europe trains "connect points into lines" and "weave lines into nets", reaching 180 cities in 23 European countries and transporting more than 50,000 kinds of goods.

　　In the International Consumer Center of Luhai New Channel in Yuzhong District, tens of thousands of special products from 23 countries are loved by consumers. In Guanyinqiao Business Circle in Jiangbei District, key projects with a total investment of 70 billion yuan were started; A number of new consumption landmarks such as Jiujie, Eighteen Ladders, white elephant street and Daijiaxiang have risen … …

This is the scene around Quchi Township, Wushan County (photo taken on May 19, 2022, photo of drone). Xinhua News Agency reporter Wang Quanchao photo

　　Adhere to green development and strive to create a high-quality life

　　In January 2016, General Secretary of the Supreme Leader emphasized at the symposium on promoting the development of the Yangtze River Economic Belt held in Chongqing that "the restoration of the ecological environment of the Yangtze River should be placed in an overwhelming position for a long time now and in the future, with great protection and no major development."

　　As an important ecological barrier in the upper reaches of the Yangtze River, Chongqing always adheres to the principle of "ecological priority and green development" and strives to play an exemplary role in promoting the green development of the Yangtze River Economic Belt.

　　Remote control of the central control room, inspection robots to check leaks and fill gaps, and industrial wastewater discharged after centralized treatment … … In July last year, Chongqing Changfeng Chemical Industry Co., Ltd., once equipped with old equipment, moved to Changshou Economic and Technological Development Zone as a whole, and greatly improved its environmental risk management and control ability by relying on perfect supporting elements and advanced technical equipment.

　　Changshou District is a comprehensive chemical industry base with an early layout in Chongqing. In the past, the products were mainly based on basic chemical raw materials, which brought great pressure to the ecological protection of the Yangtze River. In recent years, the protection of the Yangtze River has promoted industrial transformation, closed and relocated 18 chemical enterprises along the Yangtze River, and extended the industrial chain based on chemical raw materials, effectively improving the ecological environment.

Citizens and tourists visit the mountain trail of Chongqing dadukou district Chonggang Cliff Line (photo taken on February 15th, 2022). Xinhua News Agency reporter Wang Quanchao photo

　　In recent years, Chongqing has implemented the "10-year fishing ban" on the Yangtze River, and 5,342 fishing boats and 10,489 fishermen have retired; Comprehensively carry out water pollution investigation and management. Last year, the quality of surface water in the city was 11.1 percentage points higher than that in 2017; Further promote air pollution control. Last year, the number of days with excellent air quality in the city increased by 23 days compared with 2017 … …

　　In Dadukou Park in the early morning, willows and waterfowl are playing, and many citizens are walking by the lake. "In the past, there were many chimneys in Dadukou, the air was uncomfortable, and the environment was dirty, chaotic and poor. In recent years, earth-shaking changes have taken place here." Citizen Wang Zhongjie said.

　　Chongqing is a big city, a big country, a big mountain area and a big reservoir area, and the task of coordinated development is heavy. Through hard work, by the end of 2020, 1,919 poverty-stricken villages in Chongqing have been lifted out of poverty, and 1.906 million poverty-stricken people have all been lifted out of poverty. Nowadays, the "big countryside" is steadily moving towards rural revitalization: it has polished "ecological treasures" such as crisp plums and oranges, and has made tourist business cards such as "the light of the Three Gorges" and "the valley of stacked stones and flowers" sound.

In Ganyuan Village, Quchi Township, Wushan County, villager Zhang Xingqian was carrying crisp plums (photo taken on July 2, 2022). Xinhua News Agency reporter Huang Weishe

　　In Quchi Township, Wushan County, on the bank of the Yangtze River, a series of characteristic farmhouses in Bayu are hidden among lush fruit trees. "A few years ago, villagers mainly earned money by going out to work. In recent years, they have become rich by developing crisp plum industry and rural tourism. Planting crisp plums and opening homestays, my family earns four or five hundred thousand yuan a year. " Peng Bin, a villager in Ganyuan Village, Quchi Township, talked about the new changes in life and smiled happily.

Tourists visit Jie Fangbei Pedestrian Street in Yuzhong District, Chongqing (photo taken on August 20, 2019). Xinhua News Agency reporter Huang Weishe

　　The main city of Chongqing constantly improves people’s living environment and living facilities, enhances the city’s "face value" and "temperament", vigorously develops the urban tourism industry, and becomes a well-known tourist destination, which not only lights up Chongqing’s "night economy", but also drives a lot of employment and entrepreneurship.

　　Development depends on the people and development is for the people. Fully implementing the important instructions of the Supreme Leader General Secretary, Chongqing plans a domain from the overall situation, serves the overall situation with a domain, accelerates the construction of an inland open highland and a beautiful land, and strives to promote high-quality development and create a high-quality life.

1905 movie network news The fantasy comedy film first exposed the mysterious big coffee Shen Teng’s special performance, and it was a comedy four-room life with the male and female starring Huang Cailun and Zhang Huiwen. The film will be released on February 5, 2019. Give a New Year greeting to the national audience in advance.

The ups and downs of four-room life are blind.

The fantasy comedy movie "The Sun Never Falls Hotel" takes a hotel as the story background, with multiple double tenants and three gods’ assistance to start a four-bedroom life.

In the film, Huang Cailun portrays Shi Yue, a "data-controlled" hotel manager with ten years of constant rules. From the name Shi Yue, we can see that this is a role that turns years into rocks. However, the real life, which was completely unpredictable by nature, suddenly came, breaking the detailed plan for the next decade in an instant. All the fantasy journeys were thus opened, and Huang Cailun’s humor came to the fore. The comedy talent of Zhang Huiwen Buddhist girls who are "seeking girls" is frequently surprised in the film, and the chemical effect of the collision with Huang Cailun is colorful and worth looking forward to. And all this is directly related to Shen Teng, a visitor from outer space who is particularly anxious to go home.

In a hotel, the guests in every room, even the three assistants as former managers, are people with double or even multiple identities. In the four rooms of the hotel, there are all kinds of twists and turns, all kinds of helplessness, all kinds of grievances and all kinds of disappointments in the world, but all these are inadvertently disturbed by an alien who is anxious to go home, so that all the double tenants who think they have been fighting with life can find out from all kinds of unexpected angles — — The absolute duel I thought before was just a cold joke that no one applauded. And real life, real life, is opening a new year’s day with smiles, exaggerated smiles, and even a mixture of ups and downs in a blind smile.

Shen Teng plays the role of visitors from outer space with unprecedented ingenuity.

Shen Teng, the "former richest man", played a mysterious visitor from outer space in The Sun Never Falls Hotel, and unexpectedly met the hero and heroine played by Huang Cailun and Zhang Huiwen, and had a bizarre experience of "Mobius Ring". Under the collision of Shen Teng, a visitor from outer space, and Zhang Huiwen, his wife, although not Qi Xin, they finally succeeded in subverting the overall plan of the hero Huang Cailun’s theory of life and opening a new life course in the world.

Previously, the movie "The Day Never Falls Hotel" was released. On the first day of the Lunar New Year, the mysterious comedy big coffee mentioned was revealed in this round, revealing the powerful comedy tension of Shen Teng. The visitor from outer space, played by Shen Teng, is an important part of the story line of the whole film "The Sun Never Set Hotel". In the film, Shen Teng will appear in an unprecedented performance state, which is worth looking forward to.

As one of the representative comedians in mainland movies, Shen Teng’s comic strength is well-known. The year of the blessed pig is coming. What kind of visitor from outer space is this "former richest man" in "The Sun Never Falls Hotel"? On New Year’s Day, the cinema will be there or not.

Zhang Huiwen, who appeared in a comedy movie for the first time, and Huang Cailun, a 13-year-old Mahua FunAge meritorious actor, formed a wonderful CP, which can be called "a confrontation between ancient spirits and monsters" and fought against Shen Teng’s special "Big BOSS in Outer Space". I don’t know if it’s because the Chinese New Year is coming, so I especially want to go home. Anyway, the "Big BOSS in Outer Space" in the film is particularly anxious to go home, and told everyone with his own performance — — If you don’t laugh, it’s because comedy limits your imagination of laughing.

Four-room life poster, castle in the air, drama tension

Four-room life series posters of "The Day Never Falls Hotel" combine castles in the air with real life. Imagination and reality are in the same frame, showing dramatic tension, which makes the audience have more tolerance and love for themselves and life in laughter. The poster strongly highlights the contrast between the high saturation bright colors and the hand-drawn version of the black-and-white life of the characters, which makes all viewers sigh unanimously — — Life is the only senior black, never tied for the championship.

Shen Teng, the "former richest man", still showed a very strong unique comedy charm of "I don’t laugh at you, but I insist on laughing at you instead". The only difference is that Shen Teng will appear in The Sun Never Falls Hotel with an unprecedented unique position and unique style.

Huang Cailun, a meritorious actor in Mahua FunAge for 13 years, not only starred in many Mahua FunAge classic stage plays, but also gave amazing performances in the series of Twist movies, movies, movies and movies. Shen Teng plays Charlotte, and Huang Cailun is the driver who celebrates his girlfriend’s 80th birthday. Shen Teng plays Zhang cornus, and Huang Cailun is a glamorous agent; Shen Teng plays the leading lady, and Huang Cailun is aunt first hero; Shen Teng plays Wang Duoyu, and Huang Cailun is a crazy football commentator! What kind of sparks will Huang Cailun and Shen Teng have in "The Sun Never Set Hotel" is a mysterious event that people look forward to very much.

Laugh at the New Year’s Eve and don’t fight. See you in 2019.

The fantasy comedy film "The Day Never Falls Hotel" is jointly produced by Huawen Fengze (Beijing) Film Co., Ltd., Hangzhou Yunxi Culture Media Co., Ltd., Chongqing Film Group Co., Ltd., Shanghai Aesthetic Culture Media Co., Ltd., Baifu Film (Tianjin) Co., Ltd. and Zhejiang Shantou Film and Television Culture Media Co., Ltd. The film was produced by Yue Xiaojun, written and directed by Feng Yiping, Liu Junmeng and Hao Xinyue, with Shen Teng as the special star and Mahua FunAge’s meritorious actor Huang Cailun and Zhang Huiwen as the "girl".

2019 is coming. The year of the blessed pig, the occasion of the Spring Festival, and the time of carnival. The fantasy comedy movie "The Day Never Falls Hotel" is scheduled to be released nationwide on February 5th, New Year’s Day. Laugh and don’t close, be there or be square.

1905 movie network news Directed and starred in the new film "Rowing Boy" (also known as "Riptide Boy") and released a new preview. A group of American students, for the sake of national honor and faith in their hearts, launched a counterattack that no one cares about.The whole preview is full of the flavor of the time drama, and the scenery and props of the film are very exquisite and in line with history.

The film is based on a true story. Joel, the hero, is attracted by the rowing coach of the University of Washington because of his excellent physical fitness, and he can enter the University of Washington to study. Joel and other players, under the torture of the coach, have gone through three years of perseverance from scratch. In the end, they defeated the mighty German team on behalf of the American team in Greece.specialrein inThe Olympic champion trophy was raised in front of my eyes. After the game, Joel and his teammates didn’t get rich just because they won the Olympic champion. This hard experience has brought them an all-round improvement in spirit. The team members later became lawyers, doctors, engineers, etc., and were able to be independent by their own hands. They also get together every year and feel like brothers.

Later, this story was written by Daniel James Brown as an inspirational novel "Riptide Boy", which showed the miracle created by courage, trust, optimism and determination. As for the cast, Peter Guinness, Jack Mahone, Hadley Robinson, Courtney Henggeler, etc. also starred, and Mark L. Smith ("Overlord") wrote and scored, which was released in North America on December 25th.

Recently, Beijing, Shanghai, Guangdong, Hubei, Shaanxi, Jilin and other places have released specific adjustment plans for pensions this year. According to the relevant provisions of the state, local governments have generally adopted measures such as "quota adjustment, linked adjustment and appropriate tilt" to implement the adjustment, among which, the number of senior retirees and retirees from enterprises in difficult areas has increased relatively. At present, local pensions are being distributed one after another, and some areas have been distributed in place.

　　CCTV News:The Ministry of Human Resources and Social Security recently said that the adjustment of basic pensions for retirees has been promoted in an orderly manner this year. At present, all retirees from enterprises in various regions have been paid in place. Up to now, 31 provinces, autonomous regions and municipalities across the country have determined the plan for raising the basic pension, and the adjustment range varies from region to region. From the perspective of quota adjustment, Shanghai’s monthly pension is raised to 60 yuan, ranking first in the country.

　　All localities determine the pension adjustment plan, and Shanghai ranks first in 60 yuan every month.

　　In March of this year, the Ministry of Human Resources and Social Security and the Ministry of Finance jointly issued the Notice on Adjusting the Basic Pension for Retired Persons in 2018, clarifying that from January 1, 2018, retirees from enterprises, institutions and institutions who have gone through retirement procedures according to regulations and received basic pensions on a monthly basis by the end of 2017 will raise the basic pension level, and the overall adjustment level will be about 5% of the monthly basic pension for retirees in 2017. At the same time, this year is also the 14th pension adjustment in China, and it is estimated that 114 million retirees will benefit.

　　This year’s pension adjustment will continue to adhere to the principle of "merging", and enterprises, institutions and institutions will uniformly implement the adjustment method of "combining quota adjustment, linked adjustment and appropriate tilt".

　　First of all, look at the quota adjustment, which clarifies the unified adjustment standard for all kinds of retirees in this area. The monthly pension in Shanghai has increased by 60 yuan, ranking first in the country. The minimum monthly pension increase in Liaoning is 20 yuan, which is the least compared with other provinces. However, for retired employees over the age of 80 who work in Liaoning, according to the principle of proper inclination, they can receive more pensions from 100 yuan every month, which is far more than that from other provinces.

　　Hook adjustment is simply "pay more, pay more". For example, it is clear in Shanghai that the 2 yuan will be increased every year according to the payment period of my occupational insurance (including the deemed payment period), and if it is less than 30 yuan, it will be calculated in 30 yuan; Then increase by 2.1% based on my basic pension in December 2017.

　　Appropriate tilting is a special care for the elderly retirees and retirees in hard and remote areas. As stipulated in Ningxia, on the basis of quota and linkage adjustment, the basic pension 5 yuan will be increased every month for each person in the hard and remote areas, and the basic pension 10 yuan will be increased every month for each person in the hard and remote areas.

　　For another example, Zhejiang will give appropriate policy inclinations to senior retirees, that is, before the end of 2017, retirees who are over 70 years old for men and over 65 years old for women and under 80 years old will each issue additional 30 yuan monthly; Retirees who have reached the age of 80 and above will receive additional 60 yuan every month.

　　Retirement in 2018 cannot enjoy this pension adjustment.

　　Retirees can see how much more money they can get each month by comparing the pension adjustment plan in the area where they work. Take Shanghai as an example. Aunt Wang, who is 72 years old, has a monthly pension of 3,800 yuan in 2017, and has worked for 33 years before retirement. This time, her pension standards can be increased as follows: fixed increase of 60 yuan+increase of 64 yuan according to the payment period+increase of 79.8 yuan according to 2.1% linked to my pension+inclined increase of 20 yuan for senior citizens =223.8 yuan.

　　It should be emphasized that the pensions of retirees in various places are not all raised. The range of people who can participate in this pension adjustment is retirees who have gone through retirement procedures according to regulations before December 31, 2017 and received basic pensions on a monthly basis. In other words, if you retire in 2018, you can’t enjoy this pension adjustment.

　　More than 400 billion pensions began to be invested.

　　On October 31, Lu Aihong, spokesperson of the Ministry of Human Resources and Social Security, said that the investment and operation of the basic old-age insurance fund for enterprise employees should be steadily promoted and the entrusted investment of the basic old-age insurance fund for urban and rural residents should be accelerated. By the end of September, the governments of 15 provinces (autonomous regions and municipalities) such as Beijing and Shanxi had signed entrusted investment contracts with the Social Security Fund Council, with a total contract value of 715 billion yuan, of which 416.65 billion yuan had been received and investment began.

　　In 2015, the Measures for the Administration of Investment in Basic Endowment Insurance Funds was issued, which approved the endowment insurance funds to invest in the stock market for the first time. The measures stipulate that the proportion of investment in stocks, stock funds, hybrid funds and stock-based pension products shall not exceed 30% of the net asset value of pension funds.

　　Pension investment in A shares is increasing.

　　Like social security funds, pension funds are regarded as stable long-term investments, and the trend of positions is concerned by the market. With the completion of the disclosure of the third quarterly report of listed companies, the path of stock exchange is gradually clear. Judging from the data of the three quarterly reports just disclosed, the intensity of pension investment in A shares is increasing. According to the data of the third quarterly report this year, the number of pension holding accounts has increased to 15, holding 33 stocks, both in terms of the number of holding accounts and the number of holding shares, setting a record since the pension officially invested in the A-share market.

　　For long-term funds entering the market, the CSRC has previously issued a statement saying that it encourages value investment, gives play to the role of institutional investors such as insurance, social security, various securities investment funds and asset management products, and guides more incremental medium and long-term funds to enter the market.

　　The institution also pointed out that the combination of pension and capital market brings long-term stable incremental funds to the capital market, and the capital market also brings long-term preservation and appreciation of pension.

　　According to Lu Aihong, spokesperson of the Ministry of Human Resources and Social Security, in the second half of the year, the Ministry of Human Resources and Social Security will work with relevant departments to formulate specific implementation measures for the central adjustment of the basic old-age insurance fund for enterprise employees, and start the disbursement of funds as soon as possible.

　　At the same time, we will promote the investment and operation of basic old-age insurance funds by classification, accelerate the investment and operation of urban and rural residents’ old-age insurance funds and occupational annuity funds, further improve the level of social insurance management services, continue to fully implement the national enrollment plan, and focus on new employment and poor people, and implement accurate expansion.