Kejie Intelligence released the record of investor relations activities on December 27th. On December 27th, 2024, the company was investigated by an institution of other types. The main contents of investor relations activities are introduced:

　　Q: What is the difference between the business done by the company and the business done by friends?

　　A: Based on its own core technologies and products, the company is a rare solution provider covering three business areas: intelligent logistics, intelligent warehousing and intelligent factory, and can provide customers with an overall solution that runs through the whole scene in the industrial and circulation fields. Compared with friends, the company’s product chain is wider, covering from circulation logistics to production logistics, new energy business and other fields; And the business coverage is wide, which enables the company to maintain stable performance in the changing needs of different industries. The company will continue to pay attention to market dynamics, adjust its strategy to adapt to market changes, and strive to enhance its competitiveness and performance.

　　Q: What are the reasons for the company’s new energy business in recent years?

　　A: In terms of business development, from 2020 to 2021, the intelligent logistics industry is at the peak of development, and the business volume is increasing. In order to ensure the quality of product delivery, the company concentrates its superior strength on serving the intelligent logistics business sector, achieving stable, efficient and high-quality project delivery, which has created a good reputation and brand foundation for the company to expand the new energy industry. From the technical level, the new energy business, intelligent logistics business and intelligent factory business have common key technologies, equipment and talents to a certain extent. The company has a large number of engineers in the fields of machinery, electricity, software, AI vision, intelligent algorithms and embedded systems, which can realize rapid conversion in the new energy business. Since 2020, the company has begun to expand the new energy industry. In order to seize the development opportunity of the new energy industry and better provide quality services to customers, the company concentrated its superior resources and established the new energy business department in 2022. At present, it has established cooperative relations with many customers in the lithium-ion new energy, lithium-ion materials and photovoltaic industries.

　　Q: What are the main customers of the company in various sectors at present?

　　A: The customers of the company’s intelligent logistics sector are mainly concentrated in the express logistics and e-commerce new retail industries. The major domestic customers who cooperate with the company all the year round are mainly SF Express and JD.COM. The company has also expanded overseas customers such as Shopee, Coupang, Delhivery, Flipkart and Trendyol. The downstream customers of the company’s intelligent manufacturing system are mainly tires, auto parts, food cold chain, household, lithium battery materials, chemical fiber and other fields. In recent years, the performance of the tire industry is particularly outstanding. Based on the company’s good reputation and execution ability in the tire industry, on the basis of (), the company expanded new customers including Haohua Tire. In the field of new energy, the company has expanded customers such as Tianneng Battery Group Co., Ltd., Guangzhou Juwan Technology Research Co., Ltd. and Jiangsu Haisida Power Supply Co., Ltd.

　　Q: What is the lead time of the company’s orders in hand?

　　A: At present, the delivery cycle of the company’s orders in hand is basically around 9-12 months. The specific delivery cycle may be different due to the complexity, scale, customer demand and other practical factors of the project. The company has been committed to optimizing the project management process to ensure the efficient delivery of orders.

　　Q: What is the transaction between the company and SF?

　　A: As an important shareholder holding 11.14% of the company’s shares, Shenzhen Shunfeng Investment Co., Ltd. always follows normal commercial terms, aiming at achieving win-win cooperation between the two parties and ensuring the fairness and market competitiveness of the transaction price.

　　Q: Does the company have any measures to increase the gross profit margin?

　　A: With the gradual implementation of the state’s favorable policies in the fields of intelligent logistics, intelligent manufacturing and overseas logistics, the demand in related fields will be gradually released, and the company still has a large market space in the future. The company will continue to adhere to the coordinated development of intelligent logistics, intelligent manufacturing and new energy business, focus on key customers in key industries and vigorously explore the market. At the same time, we will continue to reduce costs and increase efficiency in all business links around strengthening cost and expense control, optimizing supply chain network, accelerating digital capacity building, continuously promoting product standardization and modularization, and improving operational efficiency. In addition, the company is carrying out the construction of "Intelligent Logistics and Intelligent Manufacturing System Product Expansion Project" and "Headquarters and R&D Center Construction Project" to build a digital factory, build a digital product and technology platform, build a smart factory benchmark in the industry, gradually promote the self-production of some core components, optimize the supply chain network, reduce product production costs, improve product quality and production efficiency, and improve profitability. The company will continue to strive to enhance its competitiveness and market position, and achieve steady growth in performance by optimizing products and services, expanding markets and improving operational efficiency.

　　Q: The company’s industry position and competitiveness in overseas markets.

　　A: In 2018, the company determined the medium-and long-term development strategy for international development, set up a special overseas business team and began to lay out overseas business. It is one of the enterprises with an early overseas business layout in the same industry. The company’s overseas business team has long been rooted in overseas domestic markets and actively sought market opportunities. Its business has covered East Asia, South Asia, Southeast Asia, Europe and other regions, and has delivered large-scale projects in Korea, India, Thailand, Cambodia, Vietnam, Turkey, Israel, Germany, France, the Netherlands and other countries. With professional and efficient solution capabilities and overseas large-scale project delivery capabilities, it has won overseas customers Coupang, Delhivery and Flipkart.

　　Q: What is the company’s configuration in terms of overseas business expansion?

　　A: At present, overseas local customers are served by overseas branches. At present, the company has subsidiaries in South Korea and Hong Kong, and will set up a subsidiary in Singapore later. The subsidiaries in Singapore and Hong Kong will be used as investment platforms for future overseas businesses and branches, actively expanding the surrounding international markets, expanding the scale of international business and enhancing brand competitiveness.

　　Q: Does the company have any plans to invest in mergers and acquisitions at present?

　　A: The company has been paying attention to M&A opportunities since it went public. At present, the company pays more attention to the strengthening and upgrading of internal operations, including the digital upgrading of key business systems such as office automation (OA), enterprise resource planning (ERP) and engineering design software. These measures are aimed at improving the company’s operational efficiency and management level. With the advancement of these internal optimization work, it will help the company to better evaluate and absorb potential M&A targets in the future. At this stage, the company has no M&A plan. If there are any related M&A matters in the future, the company will disclose information in strict accordance with relevant laws and regulations and the relevant provisions of the Exchange. Please refer to the information disclosed by the company in the statutory disclosure media.

　　Q: Does the company have a plan for market value management?

　　A: The company attaches great importance to the work related to market value management and is committed to enhancing the company’s core competitiveness and profitability, so as to enhance its value creation ability and gain recognition from the capital market. In the future, the company will adhere to steady operation and continuous innovation, comply with regulatory requirements, optimize corporate governance structure, focus on production and operation, continuously improve performance and strength, create greater value for shareholders, and repay investors’ trust and support;

　　Details of participating institutions are as follows:

　　Click to enter the official announcement platform of the exchange to download the original text > > >

　　Cctv newsOn October 27th, the Commission for Discipline Inspection of Xiangtan City, Hunan Province reported the investigation and handling of the illegal payment of subsidies for Tianjin by the No.1 Commercial Office, the Vegetable and Meat Office, the Catering Office, the Electronic Office, the Light Industry Office and the Machinery Office. Twelve leading cadres at or above the deputy division level involved in the case violated the relevant regulations and paid subsidies for Tianjin in the name of duty subsidies, subsidies for maintaining stability and conference fees for restructuring work during the "two sessions", and were put on file for review and punished by party discipline and discipline.

　　How to issue subsidies, subsidies or benefits is not a violation of discipline? Let’s make clear the difference between these concepts — —

　　salaryRefers to the labor remuneration paid by the employer to the laborer in the form of money according to the relevant provisions of the state or the labor contract.

　　allowanceRefers to the form of wage supplement to compensate employees for labor consumption and extra expenses of living expenses under special conditions.

　　subsidyIt is a variety of subsidies paid to ensure that the wage level of employees is not affected by price increases or changes.

　　Simply put, allowances and subsidies are included in wages. There is no difference between subsidies and subsidies in essence, but subsidies are subsidies for daily living expenses, focusing on life; The allowance is the compensation for extra and special labor consumption, focusing on productivity.

　　How to pay the allowance without violating the rules?

　　high subsidies

　　According to the Management Measures for Heatstroke Prevention and Cooling Measures revised in 2012, if the employer arranges the workers to engage in outdoor open-air operations in high-temperature weather above 35℃ and cannot take effective measures to reduce the workplace temperature below 33℃, it shall pay high-temperature allowance to the workers.

　　Overtime allowance

　　Overtime pay is a legal obligation set by the law to the employer, but overtime allowance is different. It is a welfare system set by the employer to the employees of the enterprise. There is no mandatory requirement for overtime allowance by the law. The employer can decide whether to set up and implement the overtime allowance system according to the business characteristics and the needs of the enterprise.　

　　Overtime allowance shall be subject to the principle of "no refund for more and no compensation for less"When the actual overtime pay is higher than the overtime allowance, the employer shall pay it according to the actual overtime pay; When the actual overtime pay is lower than the overtime allowance standard, the employer can pay according to the overtime allowance standard stipulated in the enterprise.

　　The question is, is there any overtime allowance for civil servants who work overtime? According to the provisions of Article 76 of the Civil Service Law, if civil servants work overtime outside the statutory working days, they shall be given corresponding compensatory time off, unless otherwise specified. Except for police, court and procuratorate staff.

　　In other words, civil servants (except the public security system) do not pay overtime pay for overtime work, but can arrange compensatory time off; The staff of police, courts and procuratorates can be subsidized according to the regulations if they work overtime.

　　Night shift allowance

　　Night shift allowance is an allowance standard to ensure the health of workers engaged in production at night and arouse the enthusiasm of frontline workers. Night shift usually refers to the situation in which an enterprise arranges workers to work for 2 hours or more from 22: 00 to 6: 00 the next day.

　　With regard to the night shift allowance, the state has not issued any relevant regulations, and various localities have issued corresponding standards, but the situation is uneven. Some provinces and cities, such as Jiangsu, Shandong, Fujian and other places, still implement the standards of the 1990s. Some provinces and cities, such as Tianjin, adjusted the night shift allowance standard in time according to social development.

　　Maternity allowance

　　Maternity allowance is the salary paid by maternity insurance fund to female employees during childbirth, that is, maternity leave salary. During the period of maternity leave, the unit may not pay their wages, and the wages during this period will be paid by the maternity insurance fund.

　　If the maternity allowance is higher than my maternity leave wage standard, the employer shall not deduct it; if the maternity allowance is lower than my maternity leave wage standard, the difference shall be made up by the employer. The amount of maternity allowance is directly related to the average monthly salary of workers in the unit where they work last year. The calculation method is:Maternity allowance = (the average monthly salary of employees in the previous year) ÷30× the specified number of holiday days.

　　old age allowance

　　Old age allowance is a social security system for the elderly. At present, most provinces in China have introduced the subsidy policy of old age allowance, and most provinces issue old age allowance or nutrition fee to local registered elderly people over 80 years old.

　　What other benefits are available?

　　In July 2014, the All-China Federation of Trade Unions issued the Notice on Strengthening the Management of Funds Revenue and Expenditure of Grass-roots Trade Unions, proposing that grass-roots trade unions can distribute a small amount of holiday condolences to all employees on holidays. Not long ago, the All-China Federation of Trade Unions issued the Supplementary Notice, which made more explicit provisions on some practical issues. For example, for the first time, it was made clear that "New Year’s Day" refers to seven statutory holidays stipulated by the state, including New Year’s Day, Spring Festival, Tomb-Sweeping Day, Labor Day, Dragon Boat Festival, Mid-Autumn Festival and National Day.

　　According to the regulations, the following benefits can be paid:

　　These expenses can’t be!

　　At the same time, it is clear that the following expenses cannot be:

　　1. Buy shopping cards, vouchers, etc., and engage in activities such as treating guests and giving gifts;

　　2, illegal spamming allowances, subsidies, bonuses;

　　3. Pay for high-consumption entertainment and fitness activities;

　　4. Set up a "small treasury" in violation of regulations;

　　5. Incorporate the trade union account into the unit administrative account, which makes the trade union expenditure out of control;

　　6. Interception and misappropriation of trade union funds;

　　7. Participate in illegal fund-raising activities or provide economic guarantee for illegal fund-raising activities;

　　8. Reimbursement of expenses unrelated to trade union activities.

Text/Li Changfeng Wu Wei China Patent Technology Development Company

In the era of knowledge economy, whether it is the change in the proportion of intangible assets among the 500 companies in the Standard & Poor’s Index of the United States, or the frequent patent wars on smart phones and a large number of patent acquisitions in recent years, it shows that patents have become an important asset of enterprises, a key factor of production, a protagonist of trade, a sharp weapon of competition, and a source of power to drive enterprises to last forever. By comparing and measuring the scale and quality of patent portfolio owned by enterprises, we can clearly and accurately analyze their technical strength, innovation ability and even competitiveness.

The patent strength rankings based on a series of objectively quantified patent statistical indicators, such as the Wall Street Journal Patent Scorecard, the IEEE Patent Strength Scorecard, and the Thomson Reuters Top 100 Innovative Institutions Ranking, provide a common comparison stage for all kinds of innovative entities at the technical level, which will cause great repercussions after each release. For the public, we can learn about the technology leaders and innovation benchmarks in the industry, while for enterprises, the shortlist is an excellent publicity. The following is a brief introduction to the above three categories of leaderboards based on the public information on the Internet.

I. Patent Scorecard of The Wall Street Journal

(1) Introduction

The Wall Street Journal (WSJ) publishes the technical strength rankings and stock market data of companies and research institutions in a certain industry in the form of PatentScorecard in the financial & investment column every Tuesday, and the same content is subsequently published in the market data center section of the online website of The Wall Street Journal. The patent scorecard mainly focuses on the patents in an industry, and the statistical indicators involve patent authorization, industrial influence, R&D intensity, technical intensity, scientific intensity, etc., and ranks the institutions in an industry according to technical intensity and scientific intensity, and gives the comparative results of patent strength after comprehensively considering the scale and quality of patent portfolio, and the statistical results are updated every 13 weeks. The patent scorecard covers 18 industries, including aerospace and national defense, automobiles and transportation, biology, chemistry, consumer electronics, personal consumer goods, comprehensive industries, electronic devices, energy and environment, food and beverage and tobacco, heavy industry equipment, industrial parts, raw materials, information technology, medical devices and services, pharmaceuticals, semiconductors and communications. While giving the ranking results of patent portfolio, The Wall Street Journal also correlated the patent scorecard data with Dow Jones financial data, and gave the comparative results of the industrial influence, R&D intensity, patent authorization, stock market and the overall level of an industry.

The data of the patent scorecard of The Wall Street Journal is provided by The Patent Board. The Patent Committee actually belongs to ipIQ Company (ipIQ refers to intellectual property, intelligence quota; Now it is renamed ip IQ Global Company), and its predecessor is CHIresearch. Founded in 1968, CHI has been devoted to the research and analysis of scientific and technological innovation indicators, and has created a series of patent indicators, especially the precedent of statistical analysis of patent citations. CHI’s patent index system is introduced and adopted in the American Science and Engineering Index compiled and published by the National Science Foundation of the United States and the Patent Manual in the OECD series of science and technology index manuals. CHI is an absolute international leader in the field of patent measurement, and the patent scoreboard is its distinctive research achievement and has been registered as a trademark. In November 2004, CHI Company was merged and renamed ipIQ Company.

The patent scorecard was first published in BusinessWeek magazine on August 3rd, 1992. Before 2007, the patent scorecard was published in Businessweek and MIT’s Technology Review every year. Since 2007, The Wall Street Journal and the Patent Committee have become partners and regularly publish patent scorecards in The Wall Street Journal in the form of patent portfolio rankings.

In addition to publishing the ranking results of industrial patent portfolio in cooperation with The Wall Street Journal, the Patent Committee also published The Global Patent Scorecard, The Patent Board 500 Scorecard and the University Scorecard.

(II) Main indicators

Patent scorecard indicators include four aspects and six indicators:

1. Quality: including technical strength and industrial influence indicators. Technical strength is the overall evaluation result of an institution’s patent portfolio strength by combining quantity and quality factors, and it is one of the ranking bases of patent portfolio. Industrial influence refers to the influence of an institution’s patent portfolio on subsequent technological innovation, which is calculated by the cited data of patents.

2. Quantity: The index of patent authorization refers to the number of American patents granted in a certain institution during the statistical period.

3. Science: including indicators of scientific intensity and research intensity. Scientific intensity is used to measure the extent to which enterprises use scientific research results to construct their patent portfolios, and it is also one of the ranking criteria of patent portfolios. Research intensity refers to the number of patents whose scientific relevance is higher than the industry average in an institution’s patent portfolio.

4. Speed: innovation cycle index, which is used to measure the old and new degree of the existing technology on which the patent or patent portfolio is based.

Second, the IEEE patent strength scorecard

(1) Introduction

On October 23rd, 2013, IEEE SPECTRUM published the 2013 IEEE (American Institute of Electrical and Electronics Engineers) Patent Power Scorecard. Patent strength scorecard is the result of objective and quantitative analysis of American patents of more than 5000 leading companies, academic institutions, non-profit organizations and government agencies around the world, which involves aerospace and national defense, automobiles and parts, biomedicine, chemistry, communication network equipment, communication network services, computer equipment and storage, computer software, computer systems, comprehensive enterprises, electronic products, government agencies, medical instruments, scientific instruments and semiconductor equipment manufacturing. The patent strength scorecard ranks according to the patent strength index, which comprehensively considers the quantity and quality of the patent portfolio, among which the patent quality is

It is reflected by the indicators related to patent growth, technological influence, technological originality and technological diffusion. As the scale of patent portfolio weighted by quality is adopted as the measurement basis, the technical strength of an institution can be measured as a whole, which is the best barometer to measure the technical R&D and innovation strength of various institutions. The list is published once a year, and the list in 2013 is the seventh release. The 2012 patent strength scorecard list was also published on Forbes website.

The patent strength scorecard is provided by 1790 Analytics. The founder of the company is Dr. Anthony Breitzman, who used to be the vice president of CHI and a world-renowned expert in science and technology assessment. Dr. Anthony Breitzman founded 1790 Analytical Company after he left CHI. Dr Patrick Thomas, head of patent analysis business and Chip D&rsquo, head of business development; Angelo is a former CHI researcher.

(II) Main indicators

The patent strength index in the IEEE patent strength scorecard is a comprehensive index after combining the number of patents and their growth, technical influence, originality and popularity. Its calculation formula is: patent strength index = number of patents × patent growth index × corrected technical influence index × technical originality index × technology diffusion index. Taking the patent strength index in 2012 as an example, the meaning of each parameter is:

1. The number of patents refers to the number of patents granted in the United States in 2012.

2. Patent growth index, which is used to reflect the patent activity of an institution, and then reflect the innovation activity of an institution. The calculation method is: the number of patents granted by an institution in the United States in the latest year (2012) divided by the average number granted each year in the previous five years (2007-2011).

3. The corrected technology impact index reflects the influence of an institution’s patent portfolio on the subsequent technology development. The calculation method is as follows: first, calculate the basic value of the technology impact index, and then correct it according to the self-citation rate (to eliminate the influence of extreme self-citation). The basic value of technology impact index refers to the number of times that all authorized patents of an institution were cited by all authorized patents in the United States in the last year (2012) in the first five years (2007-2011), divided by the average number of times that all authorized patents in the same period and in the same field as the patent portfolio of the institution were cited by all authorized patents in the United States in the last year.

4. The technical originality index reflects the breadth of the patented technology (i.e. cited patents) cited by an institution’s patent portfolio. Generally, improved inventions tend to refer to existing technologies from a single field, while important original inventions tend to combine patented technologies from different fields to form new inventions.

5. The technology diffusion index, also known as the technology popularization index, is similar to the technology originality index, but it reflects the breadth of the patented technology (i.e. cited patents) cited by an institution’s patent portfolio. The greater the technology diffusion index, it means that the patent application of an institution is popular, which has a large impact on the subsequent technological innovation.

Third, Thomson Reuters Global Top 100 Innovative Institutions Ranking

(1) Introduction

Thomson Reuters’s "Top 100 Innovative Institutions in the World" is the ranking result of the most innovative institutions in the world based on a series of patent indicators, which is published by Thomson Reuters Intellectual Property and Technology Division on its website. It has been published once a year since 2011 and has been published three times so far. According to the data of the top 100 innovative institutions in the world in 2013, according to the number of institutions on the list, there are 46 institutions from North America (45 from the United States and 1 from Canada), 32 institutions from Asia (28 from Japan, 3 from South Korea and 1 from Taiwan, China) and 22 institutions from Europe (including 12 from France and 4 from Switzerland). Although China leads the world in the number of patent applications, none of China companies are on the list due to the lack of patent quality and technical influence.

(II) Main indicators

The selection method of Thomson Reuters’s "Top 100 Global Innovation Institutions" is based on four criteria:

1. The total number of patents refers to the number of DWPI(Derwent World Patents Index) basic patents of an institution in recent three years. This basic patent refers to the patent that publicly released a new technology for the first time in the DWPI patent family.

2. The success rate of patent authorization refers to the number of patents published by an institution in the last three years divided by the number of patents authorized in the last three years.

3. The globality of patent portfolio refers to the number of four-party patents owned by an institution. The Quartet refers to China National Intellectual Property Administration, China, the European Patent Office, the Japanese Patent Office and the United States Patent and Trademark Office.

4. Patent influence based on citation refers to the number of times an institution’s patents have been cited by others in recent five years (excluding self-citation).

summary

Comparing the above three rankings comprehensively, the common point is that, while reflecting the scale and activity of innovation through patent quantity data, it is more important to introduce patent quality data such as technical influence, diffusion, originality and globalization to reflect the benefits of innovation, thus truly and reliably reflecting the comprehensive technical strength and innovation ability of enterprises. Patent ranking itself is only a means of comparison and a yardstick to measure innovation output. Its real strength lies in highlighting that innovation is the core factor driving development in the era of knowledge economy. Take the top 100 innovative institutions in the world as an example. For three consecutive years, the listed institutions are better than those involved in the Standard & Poor’s 500 Index in various indicators: the annual share price growth is 4% higher, the market value-weighted sales growth rate is 2% higher, and the new job growth rate is 0.81% higher. At the top of the wave, these listed companies are deducing realistic cases of innovation-driven development to the society with objective and detailed data.

-building a science and technology innovation center with global influence, creating a creation center, a transformation center and a protection highland for high-value patents.

　　Be the vanguard of reform and opening up and the pioneer of innovation and development. Over the years, Shanghai has continued to increase government guidance and investment, improve public welfare services, promote the transfer and transformation of patents, and build a creative center, transformation center and protection highland for high-value patents. Here, the trunk passenger plane C919 with completely independent intellectual property rights appeared in the sky, and China’s first lunar rover "Yutu" walked in the Moon Palace … The vision of an Asia-Pacific intellectual property center city is slowly being paved. How to grasp this great historical opportunity, better embrace innovation and promote transformation is a problem that everyone in Shanghai is thinking about. High-value patent, which contains the internal demand of continuous innovation and development, has become the "Shanghai password" to activate the driving force of innovation and win the initiative of development.

　　"Having a large number of high-value patents is a concentrated expression of a city’s innovation ability and competitiveness. One of the important symbols of Shanghai’s construction of a globally influential science and technology innovation center should be the creation center, transformation center and protection highland of high-value patents. Therefore, the cultivation of high-value patents is an important foundation and support for promoting the construction of a globally influential science and technology center in Shanghai. " Lu Guoqiang, director of the Shanghai Intellectual Property Office, said that in recent years, with the goal of building an Asia-Pacific intellectual property center city, Shanghai has vigorously implemented the intellectual property strategy, played a policy-oriented role, deepened reforms in all aspects of patent creation, application, protection, management and service, and strived to improve the quality of patents and deepen the "Shanghai value".

　　Encourage innovation and create value.

　　Large planes soar in the blue sky, with high-value patents as wings. This sentence is not a metaphor, but a true portrayal of the status of high-value patents in the "big country". C919 has adopted a large number of new technologies, new materials and new components from airframe structural parts to airborne system equipment, from nose test to tail composite material application, among which 102 key technological breakthroughs such as thrust reverser technology and active control technology have been made, which shows the overall scientific and technological strength and "China wisdom" of China’s aviation industry. Comac Shanghai Aircraft Design & Research Institute submitted 453 China patent applications, such as "fairing structure suspended in aircraft with wing crane layout" and "suspension structure with integrated propulsion system", around the nose, fuselage, wing and wing crane engine of C919, which marked a new height of "Creation by China" and attracted widespread attention from the international community. At present, C919 large passenger aircraft has 23 domestic and foreign users, including China International Airlines, and the total number of domestic and foreign orders has reached 570. International customers, such as General Electric Leasing Company of the United States, have become "buyers" of C919. Nie Xin, head of intellectual property of COMAC Shanghai Aircraft Design and Research Institute, said that COMAC Shanghai Aircraft Design and Research Institute has always insisted on quantity layout and quality win, promoted patent value orientation within the institute, promoted high-level patent creation, high-quality evaluation and high-value authorization, and built a competitive advantage with a high-value patent portfolio system. "We always insist on improving the research and development level from the forefront of innovation, establishing ourselves through high-value patents in foreign cooperation, and testing water through patents in new fields.With high-value patents in the domestic and foreign markets, through the patent value to highlight the value of the institute itself. "

　　If large enterprises and institutions with strong strength can "multiply" the accumulation of a large number of high-value patents, then small and medium-sized enterprises with flexible innovation methods can "play around" few but fine high-value patents, which is tantamount to "making an index". Shanghai Dianba New Energy Technology Group Co., Ltd. (hereinafter referred to as Dianba New Energy) is the best among the latter. Gu Qing, general manager of Electric Bus New Energy, told the reporter that at present, the company has 9 invention patents, 55 utility model patents and 2 design patents. These patent pieces are "swords", and the value they realize can be called "a small amount contains great energy". According to reports, the company’s patent for "an electric bus system" was submitted and granted in 2004, and the international patent application submitted through the Patent Cooperation Treaty (PCT) entered 21 countries and regions such as the United States, the European Union, Japan and Singapore. The patented technology can replace the battery for electric buses within 4 minutes, which has been widely used in Beijing Olympic Games, Shanghai World Expo and Guangzhou Asian Games, and has withstood the test of high density, large passenger flow and extreme weather. By the end of 2016, the company had achieved sales of about 200 million yuan only by selling charging and replacing power station equipment products converted from the above patents. Gu Qing said that the company has always adhered to development, research and development, and layout. Not only did it lay out early patents before research and development, but it also laid out improved patents in the process of technological improvement, inciting a vast market with a small number of patents with high value.

　　"High-value patents should first be high-quality patents, and the patented technology should be advanced and versatile. At the same time, the quality of patent writing is high and the scope of patent protection is wide." Lv Guoqiang believes that measuring whether a patent is a high-value patent should be multi-dimensional, and the technical level, writing quality and layout fields are indispensable. The "gestation" process before the birth of a patent determines whether it is a "fine variety" or a "weed", and the positive guidance for the creation of high-value patents has become one of the working hands of the Shanghai Intellectual Property Office. Lv Guoqiang introduced that in 2012, the Shanghai Patent Subsidy Measures was revised, which changed the original patent application fee and authorization fee from "full funding" to "partial funding" and changed from "funding upon application" to "funding after authorization", and focused on invention patents and foreign patents, effectively improving the quality of patents. At present, the number of effective invention patents in Shanghai has reached 90,000, and the maintenance rate of effective invention patents for more than five years ranks third in the country.

　　Strengthen application and realize value.

　　"The unit hired me as a manager, not to let me just queue up at the window to pay the annual fee." According to Cheng Leilei, head of intellectual property in the Scientific Research Department of Zhongshan Hospital affiliated to Fudan University, to tap the high value of patents, patent managers must first recognize their own value. Cheng Leilei told reporters that intellectual property managers in colleges and universities should give full play to their subjective initiative, not be satisfied with procedural "optional actions", but should assist front-line researchers to find the right direction of research and development, help them tap the value of achievements, and realize the effective transformation and application of patents. "Medical care is a knowledge-intensive industry with rich patent resources, but the patent technology transfer conversion rate of medical institutions in China does not match the existing technical level, and there is a significant gap with developed countries. To make the sleeping patent value alive, we must catch up, take various effective measures, quickly and effectively transform the latest achievements of medical research into clinical medical technologies and products, feed back the actual situation of clinical research to the laboratory, and create a’ two-way channel’ from laboratory to ward and from ward to laboratory, so as to popularize and socialize medical research achievements. " Cheng Leilei said that Zhongshan Hospital attaches great importance to the transfer and transformation of patents. As early as 2008, it set up a results management section in the hospital’s scientific research department to be responsible for the declaration, management and transformation of intellectual property projects. In order to maximize the value of the results, the hospital is managed by the scientific research department in a unified way, exploring valuable achievements from various scientific research projects at all levels, analyzing and sorting out the patented and patentable achievements, and avoiding the low-value patents that are patented for the sake of patents.Ensure timely application, authorization and transformation of truly valuable and high-value projects. At present, Sun Yat-sen Hospital has established six transformation modes, namely, directly transforming patents into enterprises, relying on technology transfer institutions of universities to transform patents, establishing cooperative institutions with local governments, jointly establishing cooperative institutions with enterprises to transform patents, transforming patents through university science parks and transforming patents through national engineering centers. According to the characteristics of different projects, the specific conditions and requirements of licensees or transferees, each patent can be operated flexibly and in multiple ways according to local conditions, so as to maximize its potential.

　　"The value of a patent lies not only in its meaning of property rights, but also in people." Feng Hongbin, head of the intellectual property expert group of Shanghai Institute of Aerospace Technology, believes that the key to cultivating high-value patents is to change ideas and cultivate awareness. As a space backbone base with multiple models of "missile, arrow, satellite and ship" and integrated military and civilian development, Shanghai Aerospace established the Shanghai Space Administration Patent Office (the predecessor of the Shanghai Space Administration Patent Center) as early as 1985, which is the only national defense patent agency in Shanghai. On this basis, the Intellectual Property Center of Shanghai Institute of Aerospace Technology was established in 2013 to realize the transformation of intellectual property management from macro management of units to fine management of projects. The relevant person in charge told the reporter that while undertaking the task of national defense and military industry, Shanghai Aerospace has implemented the national policy of "combining the military with the people", taking constantly adapting to and meeting the needs of the development of national defense science, technology and industry and the development of national economy as the fundamental starting point, focusing on national major scientific and technological special projects such as manned spaceflight, lunar exploration project and high marks, as well as strategic emerging industrial projects such as photovoltaics and lithium batteries, and fully tapping the core technological value of military units. Shanghai Space Power Research Institute, a subsidiary of Shanghai Space Power Research Institute, undertakes the task of developing space power system and related stand-alone machines, and at the same time, vigorously develops civil new energy technologies such as power lithium-ion batteries, and promotes the transformation of innovation achievements. It has invested 15.1 million yuan in Shanghai Space Power Company with two patents for power lithium-ion batteries. Shanghai Aerospace Equipment Manufacturing General Factory has developed a series of friction stir welding equipment in combination with civil needs.It has provided products for dozens of domestic enterprises, with annual sales exceeding 40 million yuan. At the beginning of the lunar rover project, which is well-known as "Yutu", the intellectual property work plan and funds were included in the unified model management. The model team submitted a total of 55 patent applications, and established a patent database containing more than 1,500 domestic and foreign patent documents, which was supplemented and updated regularly, supporting the subsequent deep space exploration argumentation such as Mars, and the patent achievements were expanded and applied to the civil field, making the patent value everywhere from "heaven" to "human".

　　"High-quality patents can become veritable high-value patents by achieving considerable economic and social benefits through transformation and implementation, licensing transfer, investment operation, and litigation rights protection." Lu Guoqiang said that the Shanghai Intellectual Property Office has guided enterprises and institutions to pay attention to the cultivation of high-value patents by helping enterprises and institutions to transfer high-value patent achievements at high prices. Shanghai has set up a patent award for invention and creation, which is included in the municipal government’s award projects. It is evaluated once every three years, and more than 40 patent projects are awarded each time, and each project can be awarded a maximum of 100,000 yuan. The award-winning project not only has high patent quality, but also has been transformed and implemented, with good economic benefits, and is a veritable high-value patent. At the same time, the Shanghai Intellectual Property Office has vigorously promoted the construction of patent alliances. At present, patent alliances have been established in the fields of digital TV, motors and systems, medical devices, oil exploration equipment, etc. Leading enterprises have set up patent pools for related core patents, and carried out patent licensing, operation and collaborative research and development, so that high-value patents of different units can be interconnected and full of vitality.

　　Reform service and dig deep into value

　　"Roads and bridges are connected, and all industries are prosperous." In the view of Shan Xiaoguang, a professor at Tongji University’s Shanghai Institute of International Intellectual Property, the government should set up a communication channel for patent information, so that a large number of silent patents in universities and research institutes can "live" and realize their market value. Shan Xiaoguang pointed out that in 2016, the total number of invalid patents in colleges and universities in China was nearly 68,000, and a large number of patents were not transformed, even after they were granted rights, which was a serious waste of the value of scientific research results. Many researchers are limited by the policy orientation in the past, and submit patent applications only for job title evaluation and award declaration, etc., and their achievements are of low value and lack the value of transformation and application. In his view, the government should strengthen policy guidance, pave the way for bridging the gap between researchers and the market, and patent the essence of market economy and promote more and better achievements to realize value through transformation.

　　In recent years, the Shanghai Intellectual Property Office has frequently been a "matchmaker", bridging the gap between enterprises, institutions and patent service agencies, and deeply exploring the patent value. Shanghai Intellectual Property Office specially arranges funds to support enterprises to carry out patent navigation and patent evaluation projects. In the process of project implementation, the enterprise makes clear the direction of technology development in the industry through in-depth patent retrieval analysis, improves R&D and patent mining, actively develops patent layout, avoids the risk of patent infringement, supports and trains enterprises to carry out high-quality and high-value patent portfolio layout, and enhances patent competitiveness. As a frontline worker of patent service, Zhang Jingjie, general manager of Shanghai Xinhao Intellectual Property Agency Co., Ltd. (hereinafter referred to as Xinhao), has a deep understanding of the value of this service. She told reporters that adhering to the purpose of laying out high-value patent portfolio for enterprises, the company always attaches great importance to the writing quality of each patent application document, and starts from the source to ensure the protection and quality of each patent application, so that the patent portfolio of enterprises can truly reflect "high value" in actual intellectual property rights. On this basis, the company has made perfect patent analysis and patent strategy for enterprises for many years, laid out core patents with high market value and low substitutability, and attached importance to the layout of peripheral patents. In 2009, Xinyong made a 140-page boiler technology patent analysis for an enterprise in Shanghai in eight months, from technical details to R&D process, forming a comprehensive patent layout analysis, showing enterprises the tangible market prospects of related patent technologies.Enterprises can avoid intellectual property risks at home and abroad through patent layout in related fields, and at the same time produce a large number of high-quality patent applications. In 2016, the patent application rate of Xinhao Agency reached 63.43, ranking second in Shanghai. "Service organizations must generate value to society and cannot fall into low-level homogenization competition." Zhang Jingjie said that only by helping clients realize the value of patents, allowing enterprises and institutions to see the value of patents, and jointly enhancing the importance of high-value patents, can a virtuous circle in the field of patent services be formed.

　　Shanghai Rongzhi Intellectual Property Agency Co., Ltd. (hereinafter referred to as Rongzhi) is a model to help enterprises "gold rush" through high-value services. Under the organization of intellectual property organizations at all levels in Shanghai, Rong Zhi undertook the roadshow of intellectual property rights in Pudong New Area, Shanghai, and combined with specific projects, vividly demonstrated the value of high-value patent portfolio for participating enterprises and institutions, and realized the precise docking of patentees, technology demanders and investment and financing institutions. "In our view, high-value patents give R&D personnel new technical enlightenment in technology research and development, further improve the technical value of innovative achievements, and form high-quality, high-level patents or patent portfolios with great economic benefits and market strategic significance. In it, service organizations must do’ big waves to wash sand, wash away gold, improve gold, and build gold for treasure’. " Yu Xiaojing, general manager of Rongzhi, vividly compared the cultivation of high-value patents to the creation of jewelry: searching, excavating and improving the existing technical solutions of enterprises and institutions to form a higher-value solution, just like finding pearls in a clam; Through the improved scheme, the R&D personnel will be inspired to develop a better scheme, just like polishing the luster of pearls; Through high-quality document writing and perfect layout, the patent achievements will be transferred to the downstream to maximize the value, just like inlaying pearls into jewelry. From a penniless clam to priceless jewelry, it is the significance of cultivating high-value patents. Yu Xiaojing introduced that in the process of screening and layout practice of high-value patents, Rong Zhi gradually explored a set of innovations fromThe "seven-step patent precise operation" model of "retrieval-analysis-audit-layout-transfer/licensing-re-layout-linking industries" integrates the upstream and downstream technologies of the industrial chain, and the upstream demand drives the downstream industrialization, and the downstream demand promotes the upstream secondary research and development, forming a benign interactive circulation mechanism, thus realizing the precise operation of innovation transfer and transformation, and realizing the docking of patents and investment and financing industries.

　　With the support of Shanghai Intellectual Property Office, more and more patents realize their financial value through pledge or insurance. As an important intangible asset, high-value patents are increasingly favored by financial institutions. This year, Shanghai Intellectual Property Office has actively promoted patent pledge financing and insurance, and provided policy support for patent pledge financing in all districts and counties. Pudong New Area, Minhang District, Xuhui District, Fengxian District, Yangpu District, Huangpu District and Jing ‘an District have successively launched patent pledge financing and patent insurance pilot projects. From 2014 to 2016, Shanghai realized patent pledge financing of more than 2.7 billion yuan and pledged more than 500 patents; A total of more than 1,200 patents were insured, with a premium of 1.75 million yuan. Patents are intangible, but the patent value is not illusory, but heavy real money. The higher the value, the higher the return.

　　"We plan to develop a set of high-value patent evaluation system, screen and evaluate effective invention patents through a scientific evaluation index system, and implement stronger policy support for high-value patents to guide enterprises and institutions to pay attention to patent quality and the cultivation and layout of high-value patents. Through several years of hard work, the proportion of high-quality and high-value patents has been greatly increased. " Lv Guoqiang said that the improvement of patent quality and the cultivation of high-value patents are a systematic project and a long-term task in the process of building Shanghai into an Asia-Pacific intellectual property center city. In the next step, Shanghai will further increase investment in R&D, strengthen cooperation and collaborative innovation in Industry-University-Research, enhance the innovation ability of enterprises and institutions, and provide technical support for the cultivation of high-value patents; Further strengthen the professional training of patent agents, improve the quality of patent agents, and provide legal protection for the cultivation of high-value patents; Further strengthen patent operation, promote the implementation of patent transformation, transfer license, investment in shares, pledge insurance, etc., realize patent value and provide market protection for the cultivation of high-value patents; Further improve the patent support policy, increase the support for high-value patents, clarify the policy orientation, and provide policy guarantee for the cultivation of high-value patents. Innovative Shanghai, the future can be expected. (Intellectual Property News reporter Wang Yu Sun Di correspondent Nie Li)

　　　 The 68th Golden Globe Awards Ceremony of American Film and Television was held on January 16th, local time, and [Movie Network] broadcast the awards live with pictures and videos. The big-name filmmakers of the Golden Globe Awards gathered together in Starlight Glimmer on the red carpet. Most of the actresses on the red carpet chose retro-styled shiny clothes. Whether it is tube top, sloping shoulders, open back or high split, shiny beads and broken diamonds are essential eye-catching dresses. Although the male stars are all dressed in black and gray suits, it’s really a lively show that Robert Pattinson, Justin Bieber, "New Spider-Man" Andrew Garfield and their "friends" Jesse Eisenberg and other popular shota are handsome and challenging mature uncles such as "Iron Man" Robert Downey Jr., "Batman" Christian Bale and "Pirate Captain" Johnny Depp.

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More red carpet photos on the next page!

　　CCTV News:According to the message of "Dongguan CDC" WeChat WeChat official account, at 0: 00-18: 00 on October 16th, there were 5 new cases of asymptomatic infection in Dongguan (3 cases in Humen Town and 2 cases in houjie town), of which 4 cases were found in centralized isolation and 1 case was found in the middle risk area. The situation is as follows:

　　Asymptomatic infected person 1 (found in centralized isolation):Female, 31 years old, lives in Shajiao Community, Humen Town. 0— on October 13th; Close contacts who report positive cases at 12 o’clock. On October 7, 11 and 12, the nucleic acid test results of the new coronavirus were negative. On October 13th, he was transported to the designated hospital in COVID-19 as an accompanying person in a closed loop. On October 15th, he was found to be positive for Covid-19 nucleic acid. After further examination and expert consultation, he was diagnosed as asymptomatic infection in COVID-19.

　　Asymptomatic Infected Person 2 (found in centralized isolation):Male, 40 years old, lives in Ludong Community, Humen Town. 0— on October 14th; Close contacts who reported positive cases at 18: 00. October 8 — On the 10th, 12th and 14th, the nucleic acid test results of the new coronavirus were all negative. On October 14th, it was brought into control, and Covid-19 nucleic acid was detected positive during centralized isolation.

　　Asymptomatic infected person 3 (found by screening in middle risk area):Female, 58 years old, lives in Shajiao Community, Humen Town. On October 6 and 14, the nucleic acid test results of the new coronavirus were negative. On October 15th, the initial screening result was positive for Covid-19 nucleic acid, and then it was positive for Covid-19 nucleic acid by the municipal CDC.

　　Asymptomatic infected person 4 (found in centralized isolation):Female, 15 years old, lives in Baotun Community, houjie town. 0— on October 14th; Close contacts who reported positive cases at 18: 00. On October 10, 13 and 14, the nucleic acid test results of the new coronavirus were negative. October 10th — On the 12th, I made many trips between Dongguan and other cities. On October 14th, it was brought into control, and Covid-19 nucleic acid was detected positive during centralized isolation.

　　Asymptomatic infected person 5 (found in centralized isolation):Female, 46 years old, lives in Baotang Community, houjie town, and works in a factory in Xiabian Community, houjie town. October 14th, 18— Close contacts who report positive cases at 24: 00. On October 9, 11, 13 and 14, the nucleic acid test results of the new coronavirus were negative. On October 15th, it was brought into control, and Covid-19 nucleic acid was detected positive during centralized isolation.

　　Asymptomatic infection 2— 5 cases have been closed-loop transported to COVID-19 designated hospital for isolation treatment. After further examination and expert consultation, they were all diagnosed as asymptomatic infected persons in COVID-19.

　　In order to eliminate the risk of epidemic spread, if citizens have been to the following places in the following time, please immediately take the initiative to report to the community, work unit or hotel where they live, and cooperate with health management measures such as medical isolation observation, health monitoring and nucleic acid detection. If you have symptoms such as fever, dry cough, fatigue, sore throat, hypoesthesia, nasal congestion, runny nose, conjunctivitis, myalgia and diarrhea, please go to the fever clinic in time.

　　The places and investigation periods involved are as follows:

　　Humen Town:

　　1. No.30, Lane 11, Xinwei, Ludong Community (near Lane 6 of Xinwei Paifang), October 10th — October 14th.

　　2. No.8 Qingba Road, Shajiao Community, October 11th — October fifteenth.

　　3. Yuegou Fresh Shopping Mall (the lawn next to Xiaoxiang Courtyard Hunan Restaurant, No.36 East Shajiao Community Road), October 10th — 7: 00 on October 12th & mdash; 8:00。

　　4. Nucleic acid spot of basketball court in Qingba Village, Shajiao Community, October 14th — 11: 00 on October 11:00— 11:30。

　　5. Qing Ba Road booth (near Vienna Hotel), October 12, 21:28— 21:32。

　　Houjie town:

　　1. Century Gemini Business Mansion (Block A, Zone A, No.1 North Ring Road), October 11th — October 14th; Among them, the hotel lobby jubilant convenience store chain, October 12, 14:17— 14:21。

　　2. No.8, South 17th Lane, Baoping Road, October 13th — October fifteenth.

　　3. Zhaofeng Leather Co., Ltd. (next to Fujia Department Store on Guantai Road), October 13th — October fifteenth.

　　4. Dachuan Dyeing Studio (Santun Comprehensive Wholesale Market on Central Avenue), October 11th, 16:30— 17:28。

　　5. Xinyu Cake Shop (Room 101, No.303, North Ring Road, Liaoxia), October 11th, 17:28— 18:40。

　　6. Xiang E Fruit (No.10, Dongming Road Commercial Street, Commercial Street), October 12, 21:30— 21:43。

　　7. Sinopec Houjie Chongkou Gas Station (No.103 Housha Road), October 12, 22:41— 22:42。

　　8. Zheng Ji Chaoshan rice rolls (Houjiedian) (Room 103, No.135, Santun Industrial Avenue), October 13th, 0:00— 1:44。

　　9. Happy Family Convenience Store (No.135, Santun Industrial Avenue), October 13th at 1:44— 1:48。

　　10. Yunfu Stone Mill rice rolls (Baotang Store) (Room 108, No.620 Houjie Section, Guantai Road), October 13th, 7:30— 7:40。

　　11. Sampling point of nucleic acid in Xiabian Community, 2nd Ring Road of Kangxi, October 13th, 18:15— 18:30。

　　12. Baotang Life Convenience Store (No.2, Nanshi Lane, Baoping Road), October 13th at 22:20— 22:21。

　　13. Wanda Meiyijia (No.0026, wanda plaza, No.6 Kangle North Road, Baotun Community), October 14th, 4:31— 4:32。

　　At present, the epidemic situation in China is sporadic, frequent and local. The epidemic situation in the surrounding cities is severe and complicated, which coincides with the peak of return after the National Day, frequent personnel turnover, and the situation of epidemic prevention and control is not optimistic. The general public are requested to consciously abide by the relevant regulations on epidemic prevention and control, firmly establish the consciousness that "everyone is the first responsible person for their own health", wear masks scientifically, wash their hands frequently, ventilate frequently, and keep a social distance. When entering public places, we should consciously abide by various epidemic prevention and control measures such as temperature measurement, wearing masks, scanning place codes, and checking travel cards, and actively participate in nucleic acid testing organized by the village (community) and unit.

　　According to the relevant requirements of epidemic prevention and control:

　　2. Advocating the "three-day, three-inspection" of nucleic acids for people coming (returning) from other cities (except the above-mentioned areas).

　　Three inspections in three days: complete three nucleic acid tests within three days (with an interval of 24 hours), and do a good job of self-health monitoring. Do not gather, visit houses or go to crowded places within seven days, and strictly do personal protection when going out.

　　3. Promote "landing inspection"

　　Passengers are required to take the plane, high-speed rail, train, inter-provincial long-distance passenger bus, inter-provincial passenger ship and other means of transportation with negative proof of nucleic acid test within 48 hours.

　　Promote "landing inspection". In accordance with the principle of "taking and leaving voluntarily and free of charge, without restricting the flow", the inter-provincial migrants will take nucleic acid samples as soon as they arrive at their destinations. According to the requirements, complete the nucleic acid test in time, and incorporate the nucleic acid test results into the health code, so as to facilitate the masses to inquire about the test results.

　　4. Please pay close attention to the development of the epidemic situation, and avoid going to medium and high-risk areas and epidemic-related areas if it is not necessary.

　　Did not complete the whole vaccination of Covid-19 vaccine, to take the initiative to the designated inoculation point vaccination of COVID-19 vaccine. If you have symptoms such as fever, dry cough, fatigue, sore throat, decreased sense of smell (smell), nasal congestion, runny nose, conjunctivitis, myalgia and diarrhea, do a good job of personal protection, avoid taking public transport, and go to the fever clinic of the nearest medical institution in time.

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West Solicitation Order: If you are also a shopkeeper who takes Taobao as a career, and you feel that your products or business philosophy are different and willing to share with you, then you are the protagonist of our Taoxiu platform. If you are a buyer who is obsessed with Taobao, you will be flustered if you don’t do it for a day. You have countless experiences about online shopping and want to share them with your sisters and sisters. You are also welcome to come to our Taoxiu platform and show your different style … The exclusive hotlines for shopkeepers and buyers are: 028-86969298 and 86969527.

The first online shopping was fooled.

Perhaps most people will be hit by some "network and reality" more or less when they start to go to Taobao, and Zhang Peng is no exception. In 2005, Zhang Peng, who tried online shopping for the first time, still remembers the failure brought by a hairdo that practiced haircut.

Because I am a hairdresser by profession, I will inevitably add some hairdressing products from time to time. At that time, Zhang Peng began to try to buy some things he needed at work on Taobao. "I spent more than 200 yuan to buy a model head on Taobao to practice hair cutting. I saw that the owner wrote 100% real hair, and the price was cheaper than that in the store. I bought it without hesitation." But when things come to hand, Zhang Peng was a little scared. "When I got it, I found that it was not 100% real hair at all, more than half of it was real hair, and the rest were all artificial fiber fake hair to pretend."

The feeling of being fooled surged up. Zhang Peng immediately contacted the seller and asked for a return, but the other party gave a variety of excuses, and Zhang Penglai was required to bear the freight. Zhang Peng said angrily, "The first time I encountered such a thing, it was simply a blow, and I suddenly lost confidence in online shopping."

Online shopping again to regain confidence

After the first failure, Zhang Peng didn’t go online shopping for about a year. However, when I open my own shop, I am busy with work and many things, and I often can’t leave, so the purchase of hairdressing supplies consumed in the shop becomes a problem. It happened that Zhang Peng had a friend who was a Taobao maniac, and he often saw that he was very happy to buy on Taobao, and the things he basically bought were very good. Zhang Peng once again became interested in Taobao. "I saw that what others bought was good, so I thought, maybe I don’t have enough experience, and there are so many sellers, there will be conscientious sellers after all."

With the mentality of taking a chance, Zhang Peng started online shopping again. "Although I have rekindled my interest in Taobao, I am still very cautious. After all, the first lesson is too profound." This time, Zhang Peng no longer just looked at the price, pictures and descriptions of the goods blindly, but also talked with the shopkeeper about the products to judge the authenticity of the goods. Sure enough, the success rate of the things he bought later increased every time, and he regained his confidence in Taobao.

Accumulate experience to save time and money.

Shopping on Taobao is an absolute good way to save time and money, and it is the same for Zhang Peng. "I need this way of shopping, I can buy things without going out to the mall, and I can shop around." Zhang Peng mentioned that he was able to buy good things later, which had a lot to do with his accumulated Taobao shopping experience. It was worthwhile for him to be cautious from the original lessons.

Seeing that he has bought goods with guaranteed quality every time, Zhang Pengquan owes it to his own experience. Speaking of this, he is gushing. "Generally, when I look at a product, I will call the merchant. First, chat, because when chatting, you will feel that the shopkeeper is professional or unprofessional. Some shopkeepers don’t even know what brand of shampoo they sell. Do you dare to buy his goods? " Zhang Peng stressed, "In fact, I don’t like some big shops very much, because for me, what I need is speed and accuracy. Some big shops are customer service staff to answer your questions and submit orders." And Zhang Peng himself prefers some slightly smaller shops, which generally don’t press the goods, and the service attitude is good. The most important thing is that the owner communicates directly with himself, so that it is guaranteed to buy, and his heart is also more comfortable.

Go up and down for fun when you are free.

Not long ago, Zhang Peng opened a new studio of its own. Although it is not big, the business is good, and it is busy late almost every day. It can be said that work and life are full of flavor. "Work has never been idle, so Taobao has never stopped over the years. Once I have time, I will go to Taobao to pay attention to some new shops and find some good and cheap goods. " Zhang Peng said that although he doesn’t buy these goods every day, many customers feel good after using them every time, and he often buys them for customers to share with them.

Recently, Zhang Peng began to find some sellers in Chengdu on Taobao. "After seeing several shops in Chengdu, you can get the goods directly, which is absolutely guaranteed in quality, more convenient and more reassuring. After all, you can see the real thing yourself without express delivery, which also saves a sum of money." In addition to buying some hairdressing products, Zhang Peng also buys some daily necessities and clothes on Taobao. After seeing the real thing in the shopping mall, she will try the size before buying it on Taobao. He also feels that Taobao has brought convenience to him, and he has also found the pleasure of shopping on Taobao.

　　Author: Professor Wang Kuancheng from Peking University. Chen Chunhua,Researcher, Socialism with Chinese characteristics Institute of Thought, Supreme Leader of Peking University, New Era Yin jun

　　In recent years, the "new individual economy" has entered the public eye and gained extensive attention. Previously, the National Development and Reform Commission and other 13 departments jointly issued the Opinions on Supporting the Healthy Development of New Business Forms and Models, Activating the Consumer Market and Promoting the Employment Expansion, which mentioned for the first time "encouraging the development of new individual economy and opening up new space for consumption and employment" to help the new economy and new business forms develop further. The new individual economy is an innovative combination of "internet plus individual economy". Compared with the traditional individual economy, it has great innovations in technology, mode, market and employment. Under the situation of epidemic normalization prevention and control, the new individual economy is not only a response to economic recovery, but also an important way to "ensure six guarantees and six stabilities", enhance economic development momentum and stimulate market innovation vitality. Therefore, we should further increase policy support for the new individual economy, improve relevant laws and regulations, create a good atmosphere for mass entrepreneurship and innovation, and inject greater vitality and power into the high-quality economic development of China.

　　Where is the new individual economy "new"

　　At present, the new individual economy is in a period of vigorous development, which has not only spawned various new economic formats and new business models, but also greatly changed the original market structure, market demand and employment methods, showing many "new" characteristics.

　　New technology: the development opportunity in the digital age. The primary feature of new individual economy is "internet plus", which has the characteristics of digital economy at first. The use of digital technology is the basic attribute of the new individual economy. The traditional logic of individual economy development is the logic of competition, that is, it is either one or the other, and the individual economy succeeds by winning limited opponents around it. In the digital age, the development logic of the new individual economy has changed. Everything is interconnected and interdependent, and the new individual economy has been facing a dynamic, complex and rapidly changing environment. The practitioners of the new individual economy cannot cope with environmental changes and promote development by their own strength, so they need to develop together with ecological partners, that is, follow the symbiotic logic to achieve symbiosis, sharing and common prosperity.

　　The new "mode": the manifestation of mass entrepreneurship and innovation. The new individual economy has moved the traditional individual economy to the Internet, and its business model has changed from the original "individual economy to consumers" to "Internet platform+individual economy to consumers". The biggest feature of the new individual economy business model is the empowerment of Internet platforms, which include both social media platforms and various e-commerce platforms. These Internet platforms have huge online traffic. With the empowerment of the platform, every individual industrial and commercial household can apply to become a new individual economic practitioner and become a virtual shop owner based on the platform, which can quickly reach all kinds of consumers, quickly gain consumers’ cognition, shorten consumers’ decision-making time, and extremely reduce the transaction and communication costs between the supply and demand sides, thus realizing fast transactions. In addition, with the support of big data technology, the platform can also provide more customized market and consumer information for new individual economic practitioners, help new individual economic practitioners to better understand the market and consumer needs, and provide consumers with more personalized products and services to enhance their business performance.

　　New Market: A Great Opportunity for Economic Recovery. The traditional individual economy is mainly aimed at the offline market, and most of them are oriented to local areas. The new individual economy relies on the Internet platform, not only for the traditional offline market, but also for the internet of everything and the infinitely vast online market. The consumers who serve are no longer limited to one street, one lane, one city and one town, but for the whole country and even the whole world. Therefore, great changes have taken place in both market structure and market demand, which also provides an incomparably broad platform and opportunity for the development of new individual economy. At the same time, the rapid development and convenience of the new individual economy have also cultivated new consumption habits in the market. Online consumption and online office have become the first choice of more and more consumers.

　　New employment: an important guarantee for stable employment. The innovation of the new individual economy is that it has broken through the "company+employee" model of the traditional individual economy and changed into a new model of "platform+individual". For example, entrepreneurs in the new individual economy have realized a new mode of self-employment with the help of various resources on the platform. For the employees of the new individual economy, this model also gives them higher autonomy, and they can work without time and space restrictions, and they can freely choose their employers and working hours, thus attracting the attention of many employees, especially young employees. In addition, as a link between new individual economic practitioners and resources, the platform has also spawned many new ways of employment. Since the outbreak of the epidemic in COVID-19, many jobs have been greatly impacted, but the employment of the new individual economy has soared against the trend, which has contributed an important force to stabilizing employment and boosting the economy.

　　How better?Promote the healthy development of new individual economy

　　Implement the policy of "combination boxing" and increase support for the new individual economy. The first is to further reduce the entry threshold, start-up cost and operating cost of the new individual economy, especially the platform use service fee and financing cost of the new individual economy. The government can guide financial institutions to provide more favorable and convenient financing policies for the new individual economy, or give the new individual economy corresponding entrepreneurial subsidies or interest-free loans. At the same time, it can issue industry guidance on the benefit distribution of Internet platforms, guide Internet platform enterprises to reduce the platform service fees of practitioners, and attract more individual operators to start businesses online.

　　The second is to create a social atmosphere that supports the development of new individual economy. For example, the Ministry of Human Resources and Social Security and other departments officially released a new professional directory to the society, including "blockchain engineering technicians" and "Internet marketers", and added formal jobs such as "live salesmen", "e-commerce anchors" and "online celebrity with goods" under the occupation of "Internet marketers"; The Ministry of Education classifies the opening of online stores as "self-employment" and the bloggers and e-sports workers in WeChat official account as "freelancing". For another example, some areas have formulated targeted support policies for the new individual economy by establishing and improving relevant statistical monitoring systems, including policies such as deferring or exempting social security fees for new individual economy practitioners, or extending the existing employment policies and entrepreneurship support policies for the real economy to the new individual economy to support the development of the new individual economy.

　　Due to the rapid development of the new individual economy, many new formats and new models will emerge in practice. At the policy support level, we should adhere to the development concept of keeping pace with the times, formulate relevant measures according to the characteristics of the new individual economy, provide better services for the new individual economy with "Internet+government services", or provide more high-quality public products for the new individual economy with platform enterprises. In addition, in policy making, we should reserve enough flexible space for the innovation and entrepreneurship of the new individual economy, and we should not bind the hands and feet of the new individual economy to expand its operations and innovate ways.

　　We will speed up the improvement of the system of laws and regulations and effectively protect the rights of all kinds of subjects. First, we should improve the laws and regulations to protect the rights of new self-employed workers, especially the policies on labor rights protection, salary and welfare, and social security for flexible employees, and explore the rights protection and social security policies to adapt to cross-platform and multi-employer flexible employment, so as to relieve the worries of new self-employed workers. Especially in terms of employment, training, rights protection and other policy standards and institutional norms, we should be as consistent as possible with the practitioners of the traditional individual economy, and pay attention to ensuring the rest rights and occupational safety of the new individual economy practitioners.

　　Secondly, scientifically formulate the supervision system of the industry to protect the legitimate rights of consumers. Cooperate with industry associations and platform enterprises to formulate industry standards. In addition, it is necessary to formulate the management measures for the new individual economy, and make it clear in terms of business varieties, rights protection mechanism, honest management and after-sales service to protect consumers’ legitimate rights.

　　Carry forward entrepreneurship and create a good atmosphere for mass entrepreneurship and innovation. Carrying forward the entrepreneurial spirit is the fundamental measure to promote the long-term development of the new individual economy from the perspective of the healthy development of the new individual economy. It is necessary to carry forward the entrepreneurial spirit of patriotism, innovation, honesty, courage to shoulder social responsibilities and expand international horizons in society, oppose the impetuous atmosphere of pursuing short and quick, and create a good atmosphere for mass entrepreneurship and innovation.

　　It is necessary to guide new individual economic practitioners to pay attention to the trend of national strategic development and technological progress, make good use of policies, conform to the trend, and realize the same frequency resonance between individuals and national economic and social development. It is necessary to guide new individual economic practitioners to break the inertia of thinking, maintain the attitude of lifelong learning, be explorers, organizers and leaders of innovation and development, and be brave in promoting production innovation, technological innovation, market innovation and management innovation. It is necessary to guide the new individual economic practitioners to be honest and law-abiding, enhance the awareness of the rule of law, the spirit of contract, and the concept of keeping contracts, and set an example of honesty and law-abiding. To guide the new individual economic practitioners to shoulder social responsibilities, in the process of economic and social development, in the struggle to prevent and control the COVID-19 epidemic, and play an important role in the work of "six guarantees and six stabilities". Finally, we should guide the new individual economic practitioners to broaden their international horizons, seize the opportunity of opening up to the outside world, and achieve greater achievements on the global stage.

　　On the occasion of the Spring Festival, people in Tulou, Zhangzhou, Fujian, dressed up for a party and danced the China Dragon, wishing a better life. Bright pictures/vision china

　　How to develop world socialism is a question that all socialist countries explore and think about, and it is also a question of global concern and discussion. In the report of the 19th National Congress of the Communist Party of China, General Secretary of the Supreme Leader pointed out that Socialism with Chinese characteristics’s entering a new era "means that scientific socialism is full of vitality in China in the 21st century and holds high the great banner of Socialism with Chinese characteristics in the world", which is of great significance in the history of world socialist development. Socialism with Chinese characteristics Thought of the Supreme Leader in the New Era embodies the China wisdom of the development of world socialism, which has important reference and enlightenment significance for the development of world socialism.

　　1. Adhere to the people-centered value pursuit.

　　For whom development is for and who it depends on is the first problem that must be clarified in the development of world socialism. Socialism with Chinese characteristics Thought of the Supreme Leader in the New Era not only emphasizes that development is oriented to the interests of the people and aimed at improving their well-being, but also emphasizes that people are the main body of development, and development must rely on and trust people. Adhering to the people-centered value pursuit is of universal significance to the development of world socialism.

　　Develop for the people. The Communist Party of China (CPC)’s initial intention and mission is to seek happiness for the people of China and rejuvenation for the Chinese nation. Since the 18th National Congress of the Communist Party of China, General Secretary of the Supreme Leader has repeatedly stressed that people’s yearning for a better life is our goal. Building a well-off society in an all-round way is in line with the people’s yearning for a better life. The report of the 19th National Congress of the Communist Party of China regards "the contradiction between the people’s growing need for a better life and the unbalanced development" as the main contradiction of our society in the new era, and puts forward that the party’s mass line should be implemented in all activities of governing the country, and the people’s yearning for a better life should be the goal of struggle, which embodies our party’s concept of putting people’s interests first and developing for the people. Taking the satisfaction of people’s interests and the acquisition of people’s happy life as the aim should also be the starting point of the development of world socialism.

　　Development depends on the people. In the eyes of the Communist Party of China (CPC) people, the people are the creators of history and the masses are the real heroes. The enthusiasm, initiative and creativity of the people, and their practical exploration and wisdom are the source of strength for the development of Socialism with Chinese characteristics. General Secretary of the Supreme Leader pointed out: "Every breakthrough and development in understanding and practice of reform and opening up, the emergence and development of every new thing in reform and opening up, and the creation and accumulation of experience in every aspect of reform and opening up all come from the practice and wisdom of hundreds of millions of people." This is a full affirmation of people’s dominant position in the process of reform and opening up. At the first session of the 13th National People’s Congress, General Secretary of the Supreme Leader emphasized: "We must always uphold the people’s position and the people’s dominant position." It can be said that the development of world socialism must rely on people’s strength, unite people’s wisdom, and leave people’s support and people’s practice, so it is difficult for world socialism to move forward.

　　The fruits of development are shared by the people. Socialism with Chinese characteristics’s practice must be recognized by the people, so that the people can get tangible benefits and enhance their sense of acquisition and happiness. General Secretary of the Supreme Leader clearly pointed out: "Let the people live a good life is the starting point and the end result of all our work." The test of the effectiveness of all our work ultimately depends on whether the people have really benefited and whether the people’s lives have really improved. It is the destination of Socialism with Chinese characteristics’s development and the goal of socialist development in the world to make a big cake and divide it well, so that people can share the fruits of development and realize the common prosperity of all people.

　　2. Comprehensively deepen reform to gain development momentum.

　　Where does the motive force of socialist development come from? This is an unavoidable problem in the development of world socialism. Deepening the reform in an all-round way, eliminating institutional and institutional obstacles, resolving social contradictions and realizing the modernization of the national governance system and governance capacity are the fundamental driving force for Socialism with Chinese characteristics’s development, which has reference significance for the development of socialism in the world.

　　Comprehensively deepen reform and eliminate institutional and institutional obstacles. With the development of the times and social changes, socialist countries will encounter institutional and institutional obstacles to a certain extent in the process of development, and some originally effective institutional mechanisms will become outdated and become the fetters of development. Only by comprehensively deepening the reform can we eliminate the shortcomings of the system and mechanism and gain new development momentum. Without reform and opening up, there would be no development and progress in China. Reform and opening up is the fundamental driving force for the development of China and Socialism with Chinese characteristics. General Secretary of the Supreme Leader pointed out: "Reform and opening up is the source of vitality for the development and progress of contemporary China and an important magic weapon for the cause of the party and the people to catch up with the times in great strides." For the development of world socialism, the only way to eliminate the disadvantages of system and mechanism and gain new development momentum is to deepen reform.

　　Comprehensively deepen reform and resolve social contradictions. Reform and opening up are developing in depth, and general contradictions and deep-seated contradictions are complicated, and problems in development and problems after development are intertwined. Only by comprehensively deepening the reform can we solve the outstanding contradictions and problems faced by China’s economic and social development, unite social consensus, stimulate social vitality and gather development forces. As General Secretary of the Supreme Leader said, "Contradictions in reform and opening up can only be solved by reform and opening up". There is no other way for world socialism to solve the contradictions and problems it faces in its development than to deepen reform.

　　Deepen reform in an all-round way and realize the modernization of state governance. The national governance system and governance capacity are the concentrated expression of a country’s system implementation capacity, which provides sustained impetus for economic and social development. The overall goal of comprehensively deepening the reform established by the Third Plenary Session of the 18th CPC Central Committee is to improve and develop the Socialism with Chinese characteristics system, and promote the modernization of the national governance system and governance capacity, so as to enhance the efficiency and level of national governance and give China’s economic and social development new growth momentum. This provides a valuable reference for world socialism in the choice of reform breakthrough.

　　3. Adhere to the new development concept to achieve high-quality development.

　　What kind of development concept to promote better economic and social development is an era topic that world socialism must face directly. The development concept of innovation, coordination, green, openness and sharing not only reflects the staged characteristics of Socialism with Chinese characteristics’s development, but also reflects the inherent laws of economic and social development. The report of the 19th National Congress of the Communist Party of China regards adhering to the new development concept as one of the basic strategies for adhering to and developing Socialism with Chinese characteristics in the new era, which shows the importance of the new development concept.

　　Adhere to the new development concept to change the development mode. Development concept relates to development mode. Since the reform and opening up, the extensive growth mode has supported the miracle of China’s rapid economic growth. While consuming huge resources, it has caused problems such as tight resource constraints, serious environmental pollution and ecosystem degradation. Nowadays, the traditional mode of development is unsustainable, and the new round of scientific and technological revolution and industrial transformation in the world is making many breakthroughs. Only by promoting high-quality development and forming a high-quality, efficient and diversified supply system can we achieve a balance between supply and demand at a new level and achieve sustained and healthy economic development. Changing the development mode under the guidance of the new development concept is an inevitable requirement to maintain sustained and healthy economic development, to adapt to the changes in major social contradictions in China, to build a well-off society in an all-round way and to build a socialist modern country in an all-round way, and to follow the economic laws. Under the situation that socialist countries in the world are generally facing the transformation of development mode, the new development concept has leading significance.

　　Adhere to the new development concept to optimize the economic structure. Economic structure is closely related to the concept of development. Innovation and development are conducive to promoting the optimization and upgrading of the economic structure. The process of innovation is the process of optimizing and upgrading the economic structure, and the economic structure is optimized by breaking through the core key technologies and upgrading the scientific and technological content of economic development. Coordinated development includes the coordination between industries, which can promote the coordination of industries and optimize the economic structure through the upgrading of manufacturing industry, the development of strategic new industries and modern service industries. Green development is a necessary condition for sustainable development and an important embodiment of people’s yearning for a better life. Only by adhering to green development can we promote the formation of a new pattern of modernization with harmonious development between man and nature. Open development conforms to the trend that China’s economy is deeply integrated into the world economy, which helps to make better use of two markets and two resources and raise China’s open economy to a new level. Optimizing China’s economic structure needs the support of new development concepts, which is also of exemplary significance to world socialism.

　　Adhere to the new development concept to transform the growth momentum. China’s economic development has entered a new normal. From the appearance, it is a shift in the speed of economic growth, but in essence it is a transformation of development momentum. According to the law of economic development, we must rely more on scientific and technological progress and innovation to promote economic development and realize the transformation from factor-driven, investment-driven to innovation-driven in the case of slowing investment growth and declining efficiency. The new development concept emphasizes that innovation is the first driving force to lead development, and greater development space can be obtained through innovation; Coordinated development emphasizes the harmonious and orderly allocation of all production factors, which is an indispensable condition for promoting high-quality development; Open development is a development concept, and it is also the driving force to promote the high-quality development of China’s economy. It is also applicable to world socialism to gain growth momentum by changing the development concept.

　　4. Always maintain the development of socialism.

　　World socialism should not only learn from the outstanding achievements of human civilization, but also always maintain its own development strength. Choosing the development path based on the national conditions, strengthening Socialism with Chinese characteristics’s road confidence, theoretical confidence, institutional confidence and cultural confidence, and upholding the Party’s leadership over all work are the successful experiences of Socialism with Chinese characteristics in maintaining its strength, which has important reference value for world socialism.

　　Maintain development strength based on national conditions. The key to Socialism with Chinese characteristics’s success lies in adhering to the principle of independence, neither rejecting or rejecting western experience, nor blindly advocating and copying western models, but exploring based on the national conditions and embarking on a development path suitable for China’s national conditions. The General Secretary of the Supreme Leader pointed out: "China, based on its own national conditions and practice, draws wisdom from Chinese civilization, draws on the strengths of various schools in the East and the West, sticks to it but is not rigid, draws lessons from it but does not copy it, and has formed its own development path through continuous exploration." As far as world socialism is concerned, choosing the development path independently based on the national conditions provides a new path guide for those countries and nations that want to speed up their development and maintain their independence.

　　Be firm and confident to maintain development strength. With the rapid development of China, the advantages of Socialism with Chinese characteristics’s road, theory, system and culture are gradually emerging, which has won universal praise and recognition from the international community. General Secretary of the Supreme Leader pointed out in his important speech at the celebration of the 95th anniversary of the founding of the Communist Party of China (CPC) that the whole Party should be firm in road confidence, theoretical confidence, institutional confidence and cultural confidence. In today’s world, if any political party, country or nation can be confident, the Communist Party of China (CPC), People’s Republic of China (PRC) and the Chinese nation have the most reasons to be confident. It is this self-confidence that gives the people of the Communist Party of China (CPC) and China the confidence to persist in and develop Socialism with Chinese characteristics without hesitation or slack. Only by establishing full self-confidence can world socialism maintain its development strength.

　　Adhere to the overall leadership of the party to maintain the development strength. The most essential feature of Socialism with Chinese characteristics is the Communist Party of China (CPC)’s leadership, the greatest advantage of Socialism with Chinese characteristics system is the Communist Party of China (CPC)’s leadership, and the Party is the highest political leadership. It is by upholding and strengthening the Party’s overall leadership that Socialism with Chinese characteristics kept his certainty and sobriety in choosing the road and avoided directional and subversive mistakes. Upholding the Party’s leadership over all work is one of the basic strategies for upholding and developing Socialism with Chinese characteristics in the new era, and it also provides an important reference for the development of world socialism.

　　Socialism with Chinese characteristics Thought of the Supreme Leader in the New Era has opened up a new realm for Socialism with Chinese characteristics, which not only promoted the development of Socialism with Chinese characteristics’s theory and practice, but also showed the bright future of world socialism, expanded the development space of world socialism and contributed China’s wisdom and China’s plan to the development of world socialism.

　　(Author: Chen Jinlong, a special researcher at the New Era Socialism with Chinese characteristics Thought Research Center, the supreme leader of Guangdong Province, and a professor at the School of Marxism of South China Normal University)

　　The three A-share indexes collectively closed up today. At the close, the Shanghai Composite Index rose by 0.59%, the Shenzhen Component Index rose by 1.71%, the Growth Enterprise Market Index rose by 2.93%, the Beizheng 50 Index rose by 0.08%, and the turnover of Shanghai, Shenzhen and Beijing was 1,830.8 billion yuan, which was 267.3 billion yuan more than the previous day. More than 4,300 stocks in the whole market rose.

　　In terms of sector theme, new energy-related sectors such as photovoltaic equipment, solid-state batteries and PET copper foil were among the top gainers, while insurance and precious metals sectors floated green. On the disk, photovoltaic concept stocks rose to the daily limit, and Daquan Energy, Shichuang Energy, (), Haiyou New Materials, () and () exceeded the daily limit of 30 shares; The solid-state battery sector was among the top gainers, with Huasheng Lithium Battery, (), (), () and other daily limit; Shares in the North Stock Exchange staged a roller coaster today, with the North Stock Exchange 50 index rising back and closing up%, and once rose over 10% in intraday trading to set a new record high, while Hualing, Clete and Hengtuo Kaiyuan fell over 10%. High-end stocks split today, (1) recorded 18 boards in 22 days, (2) recorded 23 boards in 26 days, and (1) and (2) dropped significantly in late trading.

　　Plate analysis:

　　Straight flush hot stock list:

　　Daily limit ladder list:

　　[11] Huali shares

　　[8 Lian ban] Chuanrun shares

　　[7 Lian ban] Songfa shares

　　[6] Lianban Hainengda, Shandong Huapeng and Wanlin Logistics

　　[5] The electricity is put into operation, which is integrated with environmental protection and intelligent in Taihe.

　　[4] Lianyuan Composite Materials, Keyuan Pharmaceutical, Dongfang Group and Zhizheng Co., Ltd.

　　[3 boards] An Daomai A, east china numerical control, Baoxin Technology, Datang Telecom, Shanggong Shenbei

　　[2 Lianban] Shenzhen Zhenye A, Shenzhen Konka A, (), (), (), (), (), (), Shuangcheng Pharmaceutical, (), (), (), (), (), (), Electronic City, ().

　　List of the strongest outlets:

　　NO.1 [Photovoltaic Concept] There are 44 daily limit stocks and 21 connected stocks in the board, with the maximum number of connected stocks being 9 boards in 10 days. The representatives of daily limit stocks are () and ().

　　NO.2 [New Energy Vehicle] In the plate, there are 26 daily limit stocks and 9 connected stocks, and the maximum number of connected stocks is 6 days and 4 boards. The representatives of the daily limit stocks are () and Haida shares.

　　NO.3 [Huawei concept] There are 23 daily limit stocks and 9 connected stocks in the sector, with the maximum number of connected stocks being 11 boards in 11 days. The representatives of the daily limit stocks are () and Chuanrun.

　　Transaction review:

　　09:00 FTSE China A50 index futures opened down 0.1%.

　　At 09: 25, A shares opened, the Shanghai Composite Index opened 0.02% higher, the Shenzhen Component Index opened 0.27% higher and the Growth Enterprise Market Index opened 0.7% higher.

　　At 09:27, Shenzhen’s state-owned enterprise reform plate opened actively, with (), () and Shenzhen Zhenye A bidding at the daily limit, while () and Tellus A opened higher by over 5%.

　　At 09:29, the M&A and reorganization concept stocks continued to be active at the opening, and Wenyi Technology and Power Production were put into operation, and (), (), () and () were bidding daily limit.

　　At 09:32, the solid-state battery plate rose at the beginning, Chuanyi Technology went up, Huasheng Lithium Battery rose by over 15%, and Betray, Liwang, () and () followed suit.

　　At 09:33, the photovoltaic concept stocks rose at the beginning of the session, and TCL Central had a daily limit. (), (), Daquan Energy, () and () rose more than 5%.

　　At 09:35, the low-altitude economic sector continued to be active, with () daily limit and () rising by over 9%, with (), () and () among the top gainers.

　　At 09:44, the daily limit of Huali shares recorded 11 consecutive boards, and the turnover exceeded 1 billion yuan.

　　At 09:45, the high-end stocks continued to be strong, and Hainengda continued its daily limit, recording 18 boards in 22 days, with a turnover exceeding 2.9 billion yuan. Shuangcheng Pharmaceutical has 23 boards in 26 days, and Huali shares have 11 boards.

　　At 09: 54, the PET copper foil plate oscillated higher, () daily limit, Hujiang materials rose more than 10%, and Far East shares, Dongwei Technology, Putailai and () followed suit.

　　At 09:57, the stocks of the North Stock Exchange continued to be active, and the increase of the North Stock Exchange 50 Index expanded to 3%.

　　At 10:00, pork stocks rose, () rose over 9%, and (), (), () and () followed.

　　At 10:00, the Beizheng 50 Index rose more than 4%, setting a new record high.

　　At 10:05, the genetically modified plate rose in intraday trading, () rose by more than 10%, followed by Qiule Seed Industry, (), () and ().

　　At 10:06, the real estate sector rose sharply, with (), () and Shenzhen Zhenye A trading daily limit, and (), () and () rose by over 5%.

　　At 10:14, the Growth Enterprise Market Index rose to 1%, the Shanghai Composite Index rose by 0.22%, and the Shenzhen Component Index rose by 0.81%.

　　At 10:14, the household products sector fluctuated higher, with () and () daily limit, and (), () and () were among the top gainers.

　　At 10:15, the Shenzhen Component Index rose to 1%, the Shanghai Composite Index rose by 0.37%, and the Growth Enterprise Market Index rose by 1.25%.

　　At 10:22, photovoltaic concept stocks continued to soar, and stocks in the sector rose to the daily limit. TCL Zhonghuan, (), Junda, (), Follette, Daquan Energy, () and other stocks rose to the daily limit.

　　At 10:29, the North Stock Exchange 50 Index rose by over 6%, and the stocks of the North Stock Exchange continued to be active. Nearly 10 stocks such as Yunli Wuli, Wuhan Landian, Minshida, Weichuang Optoelectronics and Leite Technology had a daily limit of 30CM, and over 40 stocks rose by over 10%.

　　At 10:34, the North Stock Exchange 50 Index soared by more than 8%, and the shares of the North Stock Exchange rose by more than 60 shares by more than 10%.

　　At 10:40, the game board oscillated and pulled up, () rose more than 13%, and (), (), (), () and so on followed.

　　At 10:50, Longji Green Energy hit the daily limit, and the turnover exceeded 8.6 billion yuan.

　　At 10:53, the Growth Enterprise Market Index rose to 2%, the Shanghai Composite Index rose by 0.39%, and the Shenzhen Component Index rose by 1.25%.

　　At 11:03, the Growth Enterprise Market Index rose to 3%, the Shanghai Composite Index rose by 0.43%, the Shenzhen Component Index rose by 1.62%, and the whole market rose by over 4,400 shares.

　　11:09 According to () iFinD data, up to now, the turnover of Shanghai, Shenzhen and Beijing has exceeded 1 trillion yuan, exceeding 40 billion yuan compared with yesterday. Among them, the turnover of Shanghai Stock Exchange was 364.9 billion yuan, that of Shenzhen Stock Exchange was 603.1 billion yuan, and that of Beizheng 50 was 32 billion yuan.

　　At 11:13, the semiconductor sector continued to be active, () approached the daily limit, and Biyi rose slightly by over 13%, followed by Puran, () and Tuojing Technology.

　　At 11:15, the rare earth plate changed intraday, and many short-term stocks such as (), () and () were pulled up.

　　At 11: 31, the three A-share indexes collectively closed up in early trading. By midday, the Shanghai Composite Index rose by 0.82%, the Shenzhen Component Index rose by 2.1%, the Growth Enterprise Market Index rose by 3.45%, and the North Securities 50 Index rose by 8.54%. The half-day turnover of the whole market was 1,120.1 billion yuan, which was 89.7 billion yuan higher than the previous day. More than 4,600 stocks in the whole market rose. In terms of sector theme, new energy sectors such as photovoltaic equipment, solid-state batteries and wind power equipment were among the top gainers, while insurance and banking sectors floated green. On the disk, the stocks of the North Stock Exchange continued to be active. Over 10 stocks such as Yunli Wuli, Wuhan Landian and Minshida had a daily limit of 30CM, and more than 50 stocks rose by over 10%. The North Stock Exchange 50 index reached a new high and rose by over 8% again. Photovoltaic concept stocks are in a frenzy of daily limit, with TCL Zhonghuan, GCL Integration, (), Tongwei, Aixu, (), Junda and Longji Green Energy exceeding 30 daily limit; The solid-state battery sector was among the top gainers, with Huasheng Lithium Battery, Chuanyi Technology, (), Putailai, () daily limit, (), Haimuxing and other stocks rising more than 10%.

　　At 13:00, FTSE China A50 index futures rose to 1%.

　　At 13:00, the Shanghai Composite Index rose to 1%, the Shenzhen Component Index rose by 2.49%, and the Growth Enterprise Market Index rose by 4.03%.

　　At 13:03, the rare earth plate continued to rise in the afternoon, with the daily limit of rare earth in China, Jinli permanent magnet rose by over 10%, (), Dadi Bear and Northern Rare Earth rose by over 7%.

　　At 13:18, the vitamin sector oscillated and rose, and Brother Technology had a daily limit in the afternoon. (), Huaheng Bio, Jiabiyou and () followed suit.

　　At 14:13, the turnover of Shanghai and Shenzhen stock markets exceeded 1.5 trillion yuan for the sixth consecutive trading day.

　　At 14:25, the Beizheng 50 Index surged back, and once rose by more than 10% in intraday trading, and the increase has now narrowed to less than 3%.

　　At 14: 30, the ST plate was active repeatedly, () and () went out of five consecutive boards, and in addition, more than 20 stocks including () went out of 17 days and 11 boards.

　　14:45 According to the straight flush iFinD data, up to now, the turnover of Shanghai, Shenzhen and Beijing has exceeded 1.7 trillion yuan, which is more than 240 billion yuan compared with yesterday. Among them, the turnover of Shanghai Stock Exchange was 632 billion yuan, that of Shenzhen Stock Exchange was 1,015.3 billion yuan, and that of Beizheng 50 was 53.9 billion yuan.

　　News:

　　1. Foshan: Support the reconstruction project of villages in the city to use special loans to purchase existing commercial houses for villagers’ resettlement.

　　Foshan Housing and Urban-Rural Development Bureau and other six departments issued a notice on several measures to further optimize the stable and healthy development of the real estate market. Among them, the restriction period for households to purchase new commercial housing in Zumiao Street, Chancheng District, Guicheng Street, Nanhai District, and Daliang Street, Shunde District is cancelled, and commercial housing can be listed and traded from the date of obtaining the property right certificate. Support the reconstruction project of villages in the city to use special loans to purchase existing commercial housing for villagers’ resettlement. Allow self-sustaining commercial housing to be listed and circulated. Combined with the cycle of commodity housing and regional population changes, the layout of incremental high-quality residential land is scientifically planned. Purchase the first set of self-occupied housing for families with two children and above, and the maximum loan amount will rise by 20%; Allow paid employees to apply for converting their outstanding personal commercial housing mortgage loans into personal housing provident fund loans.

　　2. CIO of American Bridgewater: Compared with cash, global risk assets are now more attractive.

　　Recently, the chief investment officer of American Bridgewater shared his observation on the economy and market in the third quarter of 2024. In the case of resilient economic growth, the central bank’s shift to easing policy may prompt investors to give up cash and invest in risky assets, even if the current pricing shows that the risk premium has been compressed. Of course, the current stage is still early, and the easing of follow-up policies may still be further increased (or more likely, further reduced); Under the loose policy, no matter whether the economic growth slows down or accelerates, a balanced portfolio can collect the income from holding assets more continuously. At present, assets are relatively more attractive in the United States (the least restrictive economy) and China (the most obvious economy that needs more policy stimulus). (Qiaoshui China)

　　3. TSMC’s offer below 5 nm next year may rise again.

　　According to industry sources, TSMC has recently released the 2020s work quotation to a number of customers in order to reduce the gross profit margin impact caused by the high operating cost of overseas factories and the deployment cost of 2nm. Depending on the scale of customers, products and production capacity, the increase of the 5 nm, 4 nm and 3 nm OEM quotation process is higher than the previous estimate of about 4%, and the 2 nm OEM quotation is even higher than 30,000 US dollars. The 2-nanometer Baoshan factory, which will be officially put into production in the fourth quarter of 2025, has a monthly production capacity of 30,000 pieces, and the OEM quotation has also been released. (science and technology innovation board Daily)

　　4. The interest rate of some banks’ stock mortgage loans has been lowered in batches.

　　Starting today, banks will cut the interest rate of existing mortgage loans in batches. The reporter learned from banks such as Agricultural Bank of China and China Construction Bank that as of 7:30 am, customers of ICBC, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, (), () and other banks have been able to find the adjusted mortgage interest rate from mobile banking as the loan market quotation rate LPR-30BP. Because it is a batch adjustment of banks, the borrower does not need to do anything to reduce the mortgage interest rate this time. Because of the lower limit of policy interest rates in Beijing, Shanghai and Shenzhen, the mortgage interest rates of two or more homes can only be adjusted to the lower limit of local policy interest rates. (CCTV News)

　　5. Bank of China: Today, it conducted a 7-day reverse repurchase operation of 292.6 billion yuan.

　　Bank of China: Today, it conducted a 7-day reverse repurchase operation of 292.6 billion yuan, and the winning bid rate was 1.50%, which was the same as before. Straight flush iFinD data shows that there are 108.4 billion yuan of 7-day reverse repurchase due today.

　　6. On October 25th, the People’s Bank of China launched a 700 billion yuan medium-term loan facility (MLF) operation.

　　Bank of China: On October 25th, 2024, the People’s Bank of China launched a 700 billion yuan medium-term loan facility (MLF) operation with a term of one year, with the highest bid rate of 2.30%, the lowest bid rate of 1.90% and the winning bid rate of 2.00%.

　　7. Hu Zhenjiang, Deputy Director of the Civil Aviation Administration: Explore and promote the integrated flight of manned aircraft and drones, and gradually realize the low-altitude mission execution.

　　The 3-day second China Air Transport Association Aviation Conference officially kicked off today (October 25th). Hu Zhenjiang, deputy director of the Civil Aviation Administration, said that the Civil Aviation Administration will promote relevant parties to integrate the flight service guarantee system by relying on new technological innovation, and efficiently connect low-altitude flight elements such as route planning, air obstacle avoidance, airspace management and traffic control, explore and promote the integration of manned and unmanned aircraft, and gradually realize the digitalization and intelligence of low-altitude mission execution, resource allocation and safety supervision, so as to protect the development of low-altitude economy. (Cailian)

　　8. Over 2.5 billion yuan from China Merchants Bank, Taikang CSI A500ETF connection sales are hot.

　　On October 25th, 20 CSI A500ETF connection funds, CSI A500 index funds and index enhancement funds were put on sale on the same day. It was learned exclusively from the sources that as of 10:20, the sales scale of Taikang CSI A500ETF connection fund, the main seller of China Merchants Bank, has exceeded 2.5 billion yuan. (CSI Taurus)

　　9. Tongwei shares responded to the surge in the photovoltaic sector: it may be affected by recent rumors, and we are also understanding the rumors about limiting energy consumption.

　　Today, the photovoltaic sector rose sharply, with Tongwei shares and Longji Green Energy both trading daily. Recently, a number of "essays" about the photovoltaic market began to spread and ferment, including but not limited to the photovoltaic industry’s policy of limiting energy consumption issued by the Ministry of Industry and Information Technology next month. In this regard, the reporter contacted Tongwei shares and Longji Green Energy Investor Relations Department as an investor. For today’s surge in the photovoltaic sector, the relevant person of Tongwei shares said that there are many rumors in the market now, which may be influenced by this information, and said that "there are many rumors and they have not been officially confirmed". Regarding the news of limiting energy consumption, the person said that we are also understanding. Longji Green Energy related people responded to the rumor that it was unclear. (21 Finance)

　　10. The high-level shock of Baekje Shenzhou biography: Yin Min, chief commercial officer of Greater China, was investigated, and the industry confirmed that the news was true.

　　Recently, there were market rumors that Yin Min, chief commercial officer of Baekje China Greater China, was investigated by the regulatory authorities. In this regard, an industry insider who asked not to be named confirmed the authenticity of this news to reporters. Therefore, the reporter immediately tried to contact Yin Min himself and relevant persons of Baekje Shenzhou, but as of press time, Yin Min himself failed to get in touch, and Baekje Shenzhou did not give a clear response. (21st century business herald)

　　11. Liu Liehong, Director of the National Bureau of Data: We will speed up the research and formulation of policy documents to foster a national integrated market and build a unified national data market rules, facilities and governance system.

　　On October 25th, Liu Liehong, Party Secretary and Director of the National Data Bureau, said at the awarding ceremony of the National Finals of the 2024 "Data Elements ×" Competition that the follow-up will speed up the research and formulation of policy documents for cultivating the national integrated market, strengthen the top-level design, overall planning and system layout of the data market, build a unified national data market rules, facilities and governance system, cultivate and expand market operators, and build a unified, open, prosperous and competitive national integrated data market. (Shell Finance)