标签： 上海品茶推荐

David Jiang, Chongqing, Shang Yan, worth 90,000 yuan, was angered by ＂debt collection＂

　　　　Yesterday, a large-scale theatrical performance of Peony Festival was held in Dianjiang County, Chongqing, and all the stars such as David Jiang, Huang An, ChristianRandPhillips, Yang Chengang and Jolin Tsai were present. It’s just that the weather is bad, and the rainy weather makes the atmosphere of the 12,000 audience at the performance site always in a depressed state. The audience showed no interest in a large number of cushion programs and many mainland stars, and there were many boos at the scene. Only when ChristianRandPhillips and Jolin Tsai appeared, the audience showed a little enthusiasm.

　　　　David Jiang was criticized for typhoon instability.

　　　　Yesterday, a large-scale cultural performance of Chongqing Peony Festival was held in Dianjiang County Stadium, with 12,000 seats at the performance site. The audience arrived early to wait for the performance to begin. At 2 o’clock in the afternoon, with the appearance of David Jiang in a white suit, the performance officially began, but at this time, the sky began to rain and the temperature plummeted. David Jiang catered to the theme of the performance at the beginning, and sang the famous song "Song of Peony" live. However, due to the rainy weather and the cold opening atmosphere, the audience remained silent all the time during the song singing, which was very cold. Later, David Jiang sang his masterpieces "Where the Peach Blossoms Bloom", "Spring in the Northland" and "Dare to Ask Where the Road Is". In order to arouse the enthusiasm of the audience, David Jiang changed the steady typhoon and kept greeting and thanking the audience during the singing process, but some viewers said, "Why does the typhoon in David Jiang look like a second-and third-rate singer?"

　　　　Huang An was booed off the stage by the audience

　　　　After David Jiang’s exit, the whole theatrical performance began a long cushion program. A variety of national dance performances, Brazilian customs performances, poetry readings, singing by young singers and other programs filled the whole performance site. Also interspersed with Yang Chengang, Huang An, Zu Hai and soldiers and other stars to perform. But the audience booed the performances of many stars. Some people complained that Yang Chengang’s voice was too ugly, and he was short and smelly. Huang An’s performance was evaluated as a "buffoon". After Huang An sang the first song "New Yuanyang Butterfly Dream", the audience shouted "Huang An, we want to see ChristianRandPhillips and Jolin Tsai." Hearing the roar of the audience, Huang An’s face suddenly sank. Then he managed to squeeze out a smile and asked the audience if they wanted to listen to his own singing. The audience once again loudly said "no". Huang An’s face was deep again, but he still finished singing the second song. When Huang An walked off the stage, the audience immediately responded with "warm" applause.

　　　　Jolin Tsai’s sexy appearance is full of applause.

　　　　ChristianRandPhillips’s appearance set off the first climax of the audience since the beginning of the performance. ChristianRandPhillips sang three songs: Olive Tree, Cloud in Hometown and A Fire in Winter. Almost the first capital was a chorus of 10,000 people, and some audiences came to the stage from time to time to give ChristianRandPhillips flowers and hugs. Jolin Tsai, the little diva of Taiwan Province, took the stage as the grand finale, and the passion of the audience instantly broke out to the highest point. Although it was raining lightly in the sky, Jolin Tsai wore a fur coat on his upper body, but only a yellow tulle skirt on his lower body, and his performance won applause from the audience. Many fans also stood in chairs to watch Jolin Tsai sing, and even a small fan rushed to the stage to offer flowers in the rain many times, all of which were dragged down from the stage by security guards. However, the small fan finally broke away from the security guards and Jolin Tsai’s agent and succeeded in offering flowers on the stage, and expressed his love for Jolin Tsai in a "bear hug" way.

　　　　Reveal the secret exclusively

　　　　Although the level of the whole performance was not high, afterwards, the reporter still got a quotation for the appearance fee of the stars who participated in the performance from an insider who participated in the performance. The reporter saw on the quotation that the appearance fees of soldiers were 30,000 to 60,000 yuan, that of David Jiang was 90,000, that of Yang Chenggang was 60,000, and that of Zu Hai and Huang An was 20,000, but the appearance fees of ChristianRandPhillips and Jolin Tsai were not on the quotation. But according to the insider, ChristianRandPhillips’s appearance fee is about several hundred thousand yuan, while Jolin Tsai’s is nearly one million.

　　　　Exclusive interview

　　　　In a performance like Dianjiang, the stars usually drive away after the performance, so it’s hard to catch the chance to meet them face to face. What’s more, these are the protagonists of hot topics, and the pursuit of the media is even more "stay at a respectful distance." However, the reporter still seized the opportunity to interview David Jiang, who was beset by "debt case", and Jolin Tsai, who was accompanied by "Zhou Hou Lian".

　　　　David Jiang was angered by "debt collection"

　　　　Yesterday’s performance, David Jiang appeared as the first guest. When he returned to the backstage to drive away, he was stopped by a reporter who was waiting in the background. At the reporter’s repeated request, he finally agreed to a short interview.

　　　　David Jiang’s face looked very ugly when he mentioned the debt collection that happened the day before yesterday. He said angrily: "This incident has been reported by many media, which has had a certain negative impact on me. Those people are simply unreasonable!" Later, David Jiang told reporters that Ms. Yao Man, who came to collect debts, had been very good friends with him before, and there was friction only because of some minor misunderstandings. "Originally, everyone could solve it in a calm way, but she took such a fierce way. This practice is too much! " David Jiang said loudly.

　　　　As for how this matter will be handled, David Jiang said: "Before the matter is officially handled, I am not allowed to express my position casually, just waiting for the public security organs to find out the facts and investigate the real situation, and then I will be innocent when the truth comes out." Say that finish, David Jiang motioned the reporter to end the interview, turned and got on the bus and left the background.

　　　　The reporter also learned in Dianjiang that Ms. Yao had gone to Dianjiang to collect debts for "David Jiang owed her 900,000 yuan". The reporter has been waiting at the hotel where Dianjiang stayed in David Jiang, but did not see Ms. Yao.

　　　　Jolin Tsai never talks about "Zhou Hou"

　　　　As the last guest, Jolin Tsai finally appeared at the scene after the reporter waited for more than an hour. But she stayed in the car and refused to show up. The reporter tried to get on the bus several times, but Jolin Tsai’s agent refused. The reporter had to follow Jolin Tsai to her hotel after the performance. Jolin Tsai finally agreed to be interviewed in her agent’s room after several times.

　　　　Referring to the sales of the new book, Jolin Tsai was very excited: "It sold well! Very good! " She also said that when the promotion of the new book is finished, she will be busy preparing for the new album. Seeing that her work was going well and she was in a good mood, the reporter wanted to take a chance, but just as Jay Chou’s word "Zhou" was mentioned to her mouth, Jolin Tsai immediately looked dignified and seriously interrupted the reporter: "Don’t ask me about them again. I have said it many times, and this matter will not bother me anymore. I will live my life happily. " Later, Jolin Tsai deliberately changed the subject. "I feel very good when I come here today, but the weather is not very good, so the mood of the fans on the scene is not very high."

　　　　Jolin Tsai said that although the atmosphere at the scene was not very lively, she was still touched when she saw some fans rushing to the stage to offer flowers for themselves despite the obstruction of the agent. "At that time, a very small fan rushed up and gave me a hug. You see, the stage was so slippery, which was actually very dangerous. So I was really touched at the time, and I am very grateful to so many fans for their support. "

CICC： Power shortage and energy consumption control, where to go？

Wentuan CICC

The contradiction between the high growth of power demand and the constraint of energy consumption index is emerging.

Power cuts and industrial peak-shifting production have once again occurred in various places.

Inner Mongolia, Yunnan and Guangdong have a tight balance of power, which "reproduces peak-shifting production". In December, 2020, power cuts occurred in Zhejiang, Hunan, Jiangxi, Inner Mongolia and other places, requiring industrial and commercial enterprises to produce off-peak to fill the valley; Since May 2021, power cuts have been staged again in Guangdong and Yunnan. Guangdong government will strengthen load trend forecasting and analysis and guide enterprises to adjust production arrangements and peak electricity consumption; On May 10th, Yunnan, due to the lower-than-expected incoming water, there was a gap in the peak electricity consumption, which led to the start of off-peak power rationing for enterprises and reduced the electricity load of electrolytic aluminum plants by more than 30%. China Southern Power Grid informed the electrolytic aluminum plants that the power rationing is expected to last until mid-June.

Tight supply pushes up bulk prices and affects the production cost of economic activities. The epidemic led to a continuous decline in commodity prices in early 2020, followed by economic stimulus policies in various countries, and prices bottomed out in April-May. On May 14th, 2021, the total index of commodity prices in China reached 183.3, up 43.6% from last year’s rock-bottom price of 103.3. In May, the National People’s Congress named the issue of commodity prices for two consecutive weeks [1]. Although the price dropped after May 14th, the factors driving the price increase have not been eliminated. Moreover, after the high temperature weather entered in June, the supply reduction caused by power cuts may further expand, and commodity prices may remain at a high level for a long time.

Chart: China Commodity Price Index (Week)

Source: wind information, Research Department of CICC.

The main cause of power rationing

1) Industrial and commercial electricity consumption exceeded expectations, and the power load hit a historical high:

Economic recovery brought about a sharp increase of 19.1% in electricity consumption in the first four months, and the contribution of secondary and tertiary industries was 66.7% and 17.1%. From January to April, the electricity consumption of the whole society in China increased rapidly by 19.1% year-on-year, which was 7.0% higher than the same period in 2019, excluding the impact of the epidemic; Among them, the contribution rates of secondary and tertiary industries were 66.7% and 17.1%, respectively, up 20.7% and 29.0% year-on-year, with compound growth rates of 7.4% and 8.4% compared with the same period in 2019, and the growth rate of electricity demand exceeded the expected level.

High demand for electricity is a national pressure, and the year-on-year growth rate of 13 provinces exceeds the national average. Xizang, Hubei, Zhejiang and Guangdong have the highest year-on-year growth rates from January to April, accounting for 33.6%, 31.9%, 29.3% and 29.2% respectively. Compared with the same period in 2019, the compound growth rate is between 2.7% and 16.5%, and the compound growth rate of 16 provinces exceeds the national average, with Yunnan, Xizang, Shandong and Guangxi leading the way, accounting for 16.5%, 14.9%, 10% and 10% respectively.

Guangdong’s power load exceeded 100 million ahead of last year, and the rising peak demand aggravated the shortage of power. With the economic growth after the resumption of work and the air conditioning load brought by the rising temperature, the peak load of Guangdong power grid took the lead in breaking 100 million on March 19, 9 days earlier than the same period last year. The trend of power peak load has brought great challenges to the installed power reserve, power grid forecasting and dispatching ability in various regions.

Chart: China’s electricity demand from January to April in 2019-2021-by industry

Source: China Electricity Council, Research Department of CICC.

Chart: Year-on-year growth rate of electricity demand in China from January to April 2021-by region

Source: Government website, Research Department of CICC.

2) Power supply shortage: the power supply is in a tight situation due to the influence of weak incoming water, weak sunshine and high coal price.

Since 2021, dry weather has occurred in many places in Jiangnan and South China. From January to April 2021, the power generation of hydropower plants above designated size was 272.7 billion kWh, up by 1.1% year-on-year, and the compound growth rate was -4.5% compared with the same period in 2019. On a monthly basis, the average precipitation in January decreased by 58% compared with the normal period, and gradually recovered and approached the normal period from February to April, but the flood season in South China was 20 days later than normal. In May, the precipitation in southwestern Sichuan, northwestern Yunnan and eastern South China was still less, and the drought continued.

Due to the increase of fog and dusty weather, the sunshine is weak. According to the agricultural meteorological news, the sunshine hours in March were 182h, which was 18.4% and 9.4% less than that in the previous year and the same period of normal years. Among them, southwest and south China are 30% to 1 times more, and central North China, western Huanghuai, Jianghan, western Jiangnan and northwestern South China are 30% to 50% less. In April, the number of sunshine hours in China was 199h hours, which was 16.9% and 7.7% less than that in the previous year and the same period of the previous year, and it was 20% to 80% less than that in the eastern northwest, southwestern north China, Jianghan, central and western south China, western south China and eastern southwest China.

The price of thermal coal continues the upward trend at the end of 2020, and the cost pressure of thermal power enterprises is great. From January to April 2021, the thermal power generation of power plants above designated size increased by 19.9% year-on-year, with a compound growth rate of 6.9% compared with the same period in 2019. The strong demand for electricity pushes up the demand for coal and the price trend of thermal coal. The cost of spot coal is close to the on-grid electricity price, and the profit situation of power generation is not optimistic.

Chart: Monthly change of precipitation in China

Source: China Meteorological Bureau; Research department of CICC

Note: Data in February 2021 are not disclosed.

Chart: Monthly change of sunshine hours in China

Source: National Agrometeorological Monthly Report; Research department of CICC

Note: January-February 2021 is February data.

Chart: China coal price index

Source: wind information; Research department of CICC

Chart: China’s coal supply and demand situation

Source: wind information; Research department of CICC

3) The pressure of energy consumption management and control in many provinces is rising, facing interviews.

Clean energy is restricted by natural factors, and the power generation fails to meet the demand increase. Thermal power supports the power supply in dry season, and the contradiction with the energy consumption index is prominent. The General Office of the National Development and Reform Commission issued the Notice of "Barometer on the Completion of the Target of Dual Control of Energy Consumption in the First Quarter of 2021", in which the energy intensity of Zhejiang, Guangdong, Guangxi, Yunnan, Qinghai, Ningxia and Xinjiang increased instead of falling, and was reminded by the NDRC. Since the beginning of the year, the work reports of provincial governments have all proposed that energy conservation, carbon reduction and emission reduction should be controlled within the targets set by the state in 2021. Zhejiang, Ningxia and Xinjiang have set the targets of "freeing up 1.8 million tons of standard coal for energy use", "the consumption of water, coal and electricity per unit of GDP has decreased by 15%" and "the energy consumption per unit of GDP has decreased by about 3%" in 2021. According to the year-on-year increase of energy consumption intensity in the first quarter, it is obvious that.

Chart: Excerpts from the work reports of provincial governments on energy conservation and emission reduction targets in 2021.

Source: websites of provincial governments and research department of CICC.

Chart: barometer of the completion of energy consumption double control targets in the first quarter of 2021

Source: National Development and Reform Commission and Research Department of CICC.

Short-term measures: it is crucial to increase the output of clean energy and increase the supply of coal.

Priority is given to the proportion of low-carbon clean energy consumption.

The utilization rate of existing clean energy projects has obviously rebounded, and the absorptive capacity of wind power photovoltaic needs to be further improved.

Since the second half of last year, nuclear power units have tended to be full: by the end of 2020, the installed power generation of nuclear power in China has increased by 5.0% year-on-year, and the utilization hours have increased by 1.4% year-on-year to 7453 h; From January to April in 2021, the installed capacity increased by 4.7% year-on-year, the power generation increased by 14.9% year-on-year, the growth rate increased by 11.2 percentage points over the same period of last year, and the utilization hour increased by 9.9% year-on-year to 2450h, and the utilization rate rebounded obviously. Among them, the quarterly utilization hours of 3Q20 and 4Q20 nuclear power units in China exceeded 2000 hours, which were 2038h and 2015h respectively, and they have tended to be full; 1Q21 was 1822h, an increase of 12.25% over the same period of last year.

Chart: Quarterly utilization hours of nuclear power units in China.

Source: Company Announcement, Research Department of CICC.

Since the beginning of this year, the wind conditions have been good and the power cut has continued to improve. From January to April 2021, Longyuan Power’s wind power generation increased by 23.3% year-on-year. Excluding the reasons of wind resources last year, we can see that the data has a compound growth rate of 14.1% compared with the same period in 2019. In addition, the company’s power cut rates in the first four months were 4.8%, 7.2%, 4.9% and 5.2% respectively, which remained at a low level in the same period of the past four years after the industry rushed to install them last year.

Chart: Monthly Change of Power Limit Rate of Longyuan Power Company

Source: Company Announcement, Research Department of CICC.

The release of non-water renewable energy consumption indicators will promote sustainable construction and grid-connected scenery projects. Recently, the Notice on Matters Related to the Development and Construction of Wind Power and Photovoltaic Power Generation in 2021 and the Notice on the Responsibility Weight of Renewable Energy Power Consumption and Related Matters in 2021 were issued. The target of wind power and photovoltaic power generation in 2021 is about 11% of the total electricity consumption, and the binding non-hydropower consumption responsibility weight of each province is between 4.0% and 24.5%, and the expected target in 2022 is 5.3%. Under the guidance of this goal, the speed of scenery stock and new projects from filing to construction and production will be accelerated and the cycle will be shortened.

Chart: China’s Provinces Consume Responsibility Weight

Source: website of National Development and Reform Commission, Research Department of CICC.

Increase coal supply and push down prices.

High coal prices limit the ability and willingness of thermal power generation. According to industry exchanges, the loss of coal-fired power business of mainstream thermal power enterprises has reached 20-30% in the first quarter. Entering the off-season of traditional power generation in the second quarter, the growth rate of power generation is slightly weaker than that of the previous quarter, but the high coal price may further worsen the profit performance and expand the loss.

After urging the thermal coal to increase the supply and protect the price, the price dropped slightly. On May 19th, the executive meeting of the State Council pointed out that it is necessary to attach great importance to the adverse effects caused by rising commodity prices and urge key coal enterprises to increase production and supply on the premise of ensuring safety. Shaanxi has increased the output of Shaanxi Coal Group, an existing large coal enterprise, and at the same time accelerated the construction of coal mines and increased production capacity. In terms of price stabilization, Yulin City, Shaanxi Province held a meeting to ensure supply and price stabilization, and interviewed the heads of major local coal enterprises, asking them to reasonably control coal prices and put an end to hoarding and other acts of driving up coal prices [2]. After May 14, the price of coal in Qinhuangdao has declined. In order to solve the contradiction between supply and demand of coal for a long time and restore the rational range of the market, it is necessary for coal enterprises to increase the release of production capacity.

Chart: Monthly data of coal inventory

Source: wind information, Research Department of CICC.

Chart: Closing Price of Zhou Du Coal in Qinhuangdao (including tax).

Source: China Coal Resources Network, Research Department of CICC.

Chart: Coal throughput of Qinhuangdao and Huanghua ports in China since 2019

Source: wind information, Research Department of CICC.

Long-term measures: the power system will reshape the electricity price mechanism or usher in a new situation

Peak power shortage or new normal

In the past five years, the average utilization hours of thermal power installed capacity have remained at 4,164.7 ~ 4,361.0 hours, showing a state of increasing first and then decreasing, which is far lower than the 5,500 hours showing the shortage of electricity in the region. Looking at the one-year cycle, our power supply is still in a relatively loose state.

Then what are we talking about lack of electricity? There is a lack of power installed capacity to meet the power demand at rush hour. Power cuts are frequent in many provinces and cities, but we also find that Guangdong, Hunan, Yunnan and other places with problems often have several characteristics:

On the basis of the high increase of industrial and commercial electricity consumption after the resumption of work, "cold winter and hot summer" brought the electricity consumption of air conditioning to rise ahead of schedule, and the difference between peak and valley was obvious. With the increase of urbanization, industrialization and electrification rate, air conditioning is used more and more frequently in industry and people’s livelihood. Cooling in summer and heating in winter amplify the influence of climate on power demand. At the end of last year, the winter in Hunan Province came early, and the average temperature was 3℃ lower than that in the same period, which led to a rapid increase in the load. Since May this year, the high temperature in Guangdong Province has continued, which is 4℃ higher than that in the same period last year. When the industrial and commercial demand is growing rapidly, extreme weather further increases the difficulty for relevant departments to forecast the power shortage in advance and flexibly dispatch the power grid.

The proportion of clean energy (hydropower, wind power, photovoltaic) affected by natural conditions is relatively large in the power supply structure. From the point of view of power supply, in addition to the stability of thermal power and nuclear power generation, water, wind and light are affected by the wet/dry season and the natural conditions of the year. Imagine that if the annual dimension of incoming water is more stable than in previous years, but if the dry season is good and the flood season coincides with the peak of summer electricity consumption is much weaker than expected, even if the thermal power is full, it will be difficult to make up, and the supply and demand will not match in the short term, and there will be a power gap.

Take Hunan 4Q20 as an example: the utilization hours of thermal power in Hunan remained at the level of 4,000 hours in 2018-2019. At first glance, there is still room for dispatching power generation. But in detail, the monthly utilization hours of thermal power in the province are between 200-300 hours from March to June, with an annual utilization of 2,400-3,600 hours, which is not full, while in the summer of peak electricity consumption (July-September), the thermal power units can reach 300-400 hours, with an annual utilization of 3,600-4,800 hours, while The rapid increase in power demand makes it difficult to obtain additional power supply support.

Chart: Hunan Province-Monthly thermal power utilization hours fluctuate greatly.

Source: China Electricity Council and Research Department of CICC.

Tightly balance the power supply, improve the power price mechanism and enhance the investment attraction.

The call for "price reduction" of the two sessions has weakened. In order to reduce the cost of enterprises, in 2018-2019, the general industrial and commercial electricity price will be reduced by 10% and 10% on average, and in 2020, the industrial and commercial electricity price will be reduced by 5%. In 2018 and 2019, the general industrial and commercial sales electricity price decreased by 0.15 yuan/kWh, with a cumulative decrease of 19%. In 2021, although it was proposed to continue to reduce the general industrial and commercial electricity price, no binding instructions were given for the reduction, and the focus of reducing the customer-side electricity price was on the transmission and distribution price and the price increase in the process of switching to power supply, which weakened the hard demand for reducing the on-grid electricity price of power generation enterprises.

Under the pressure of high coal prices, market-oriented electricity price discounts are improving, especially in Jiangsu, Shandong, Yunnan and Guangdong. In 2021, the electricity market will be extended to all manufacturing enterprises, and the degree of marketization will be further expanded. In the past, when the supply of electricity exceeded the demand, the market-oriented transaction price was obviously lower than the benchmark on-grid price, and the profit-making effect of power generation enterprises was obvious. However, in the case of tight power supply and demand in 2021, the bidding price has increased significantly and the power discount has narrowed.

Jiangsu: In February this year, the transaction price reached 391 yuan/mwh, the highest value since 2018. The average transaction price from January to June was 378 yuan/mwh, up by 23 yuan/mwh compared with the same period of last year, and up by 21 yuan/mwh compared with the same period of 2019.

Shandong: In February and June this year, the transaction price reached a historical peak of 395 yuan/mwh, and the average price from January to June was 393 yuan/mwh, up by 9 yuan/mwh compared with the same period in 2019.

Yunnan: From January to May this year, the transaction price remained above 250 yuan/MWh, and the average price increased by 10 yuan/MWh compared with the same period of last year.

Guangdong: From January to May this year, the monthly bidding price difference was 29.7-40.1 yuan/mwh, with an average of 34.4 yuan/mwh, which was similar to the 4Q20 price difference range of 27.5-40.1 yuan/mwh and the average of 32.7 yuan/mwh, but in June, the bidding price difference fell to the lowest value of 1.91 yuan/mwh. Or due to the tight power supply and the peak electricity consumption in June.

Chart: Jiangsu Bidding Transaction Electricity Price

Source: Electric Power Trading Center; Research department of CICC

Chart: Shandong bidding transaction price

Source: Electric Power Trading Center; Research department of CICC

Chart: Yunnan bidding transaction price

Source: Electric Power Trading Center; Research department of CICC

Chart: Guangdong bidding price difference

Source: Electric Power Trading Center; Research department of CICC

Note: The bid price difference in August 2020 is 130 yuan/MWh.

The spot transaction price in Guangdong far exceeds the benchmark, and it is difficult to improve in a long period of time. The tightness of supply and demand in the electricity spot market is obviously reflected in the spot transaction price. In May, the daily average transaction price of Guangdong electric power spot settlement continued to rise, exceeding the benchmark price of 463 yuan/mwh on May 13, reaching 541 yuan/mwh; Then the price continued to rise, reaching the peak of 675 yuan/MWh on May 18th. After that, the price declined to some extent, but it remained above 500 yuan/MWh. The high transaction price in the spot market reflects that the cost pressure of power generation enterprises is partly transmitted to the downstream, and it has entered the peak period of power consumption in summer. We expect that the situation of high spot transaction price is difficult to change and will continue for a long time.

Chart: Average daily transaction price and volume of spot settlement of electricity in Guangdong in May 2021 (right)

?

Source: Power Trading Center, Research Department of CICC.

Linking energy consumption index with green electricity to promote the distributed development of industry and commerce

The high-carbon emission industry may not be able to expand its production due to the lack of energy consumption indicators, and instead build its own distributed power station and use green power for its own use. Under the constraint of energy consumption index, we think that some enterprises with high carbon emissions will obviously increase their demand for green electricity in order to obtain the new capacity quota index. Industrial and commercial enterprises may install their own distributed power stations, and use low-cost green power sources such as wind power and photovoltaic for their own use. When the policy allows, they can also use surplus electricity to access the Internet, which will increase the flexibility of electricity use and avoid the problem of power restriction.

At present, many enterprises have made relevant attempts, and the 800KW distributed photovoltaic power generation project of Ji ‘an Wood Industry has been put into operation. Sinopec plans to lay out 7,000 distributed photovoltaic power stations in the 14th Five-Year Plan. With the further development of energy consumption indicators, the distribution of industry and commerce may develop rapidly in the future.

Perfecting the energy storage price mechanism in the 14 th Five-Year Plan is imminent

Promote the low-carbon transformation of energy supply structure and implement the newly introduced pumped storage price mechanism. Pumped storage power station has many functions, such as peak regulation, frequency modulation, voltage regulation, system standby and black start, etc. Compared with thermal power and electrochemical energy storage, it has higher flexibility, cost advantage and environmental protection advantage. In the future, a two-part electricity price policy will be adopted to form electricity price in a competitive way, and the demand for energy storage will be determined by the market, which will ensure the return and stability of the project (the return standard is 6.5%), help to enhance investment attraction, introduce social capital to participate in pumping and storage investment, and be fair and open to the power grid. At present, the installed capacity of pumped storage is 31.79 million kilowatts, and 54.63 million kilowatts are under construction. According to the plan of the National Energy Administration, the demand for pumped storage will reach 140-160 million kilowatts in 2035, and the "Tenth Five-Year Plan" is expected to become the golden stage of pumped storage development.

For the first time, the "independent market dominant position" of new energy storage is given, and the solution idea of "who pays for energy storage" is given. According to the "Guiding Opinions on Accelerating the Development of New Energy Storage (Draft for Comment)" issued by the National Development and Reform Commission and the National Energy Administration, by 2025, the goal is to realize the transformation of new energy storage from the initial stage of commercialization to large-scale development, with an installed capacity of more than 30 million kilowatts. By 2030, the new energy storage will be fully market-oriented. The Opinions are expected to bring about three changes: 1) Energy storage on the power supply side: new energy+energy storage can be given priority in terms of project competitive configuration, approval and filing, grid-connected timing, system scheduling and operation arrangement, guaranteed utilization hours, compensation assessment of power auxiliary services, etc., or help to improve economic pressure; 2) Grid-side energy storage: the income from independent energy storage may come from capacity price+gradual participation in the power market, among which the cost of facilities belonging to "grid alternative energy storage" may be included in the recovery of transmission and distribution price in the future; 3) User-side energy storage: the benefits and costs of energy storage mainly depend on the arbitrage of peak-valley electricity prices, and more development space is created by improving the peak-valley electricity price policy.

We will improve green electricity price policies such as differential electricity price and ladder electricity price for industries with high energy consumption and high emissions, increase implementation, and promote energy conservation and carbon reduction. In order to promote the transformation and upgrading of industries with high energy consumption and high emissions, in addition to setting emission reduction targets, provinces have imposed punitive measures on enterprises that fail to meet the targets to promote self-innovation and elimination within the industry.

In Jiangsu, iron and steel enterprises that have not completed the transformation according to the requirements of ultra-low emission transformation and failed to meet the standards after the transformation have implemented the measures of increasing the electricity price by stages and layers on the basis of the current electricity price or the market electricity price.

Inner Mongolia continues to implement the step price policy for electrolytic aluminum, cement and steel industries, and the differential price policy for electrolytic aluminum, ferroalloy, calcium carbide, caustic soda, cement, steel, yellow phosphorus and zinc smelting.

Gansu requires power companies to submit the implementation and collection of differential electricity prices in the previous year in January each year.

If you like this article, you can see more stocks, disk trend analysis and investment skills on Moore Financial APP or moer.cn, the official website of Moore Financial, and you can also search for Moore Financial on Sina Weibo, WeChat WeChat official account and today’s headlines and pay attention to it.

Save money and be smart! Korean robot chefs can cook noodles, make ice cream and make coffee.

　　Cctv newsSouth Korea raised the minimum hourly wage again this year, which led to an increase in the employment cost of the catering industry. In order to save costs, some restaurants have begun to introduce intelligent robots that can replace simple manpower. Recently, a noodle cooking robot in a restaurant in Seoul has attracted the attention of many consumers.

　　Reporter Liu WeiI am now in a restaurant in Seoul. What is special about this restaurant is that the chef who cooks noodles here is a robot. Guests put the selected noodles and side dishes on the corresponding operating table according to the types of noodles they like, and the robot will select ingredients, pour them into different pots to cook noodles, take them out, and then pour the corresponding soup. The whole process is very smooth. Just now, I looked at the time, and the whole process of making a bowl of noodles by the robot took less than 1 minute.

　　The developer of this noodle cooking robot accurately inputs the steps of the chef’s cooking into the relevant programs. After learning, robots can do the same actions as chefs. In addition, through a conversion technology called "intelligent tools", the robot can also pick up all kinds of dishes smoothly and skillfully use all kinds of tableware to ensure that it will not fall during the production process.

　　Shen Xiaozheng, head of a robot restaurant in South Korea.There are hot water and a variety of tableware in the cooking area, which is prone to scalding accidents and cooks are easily tired. By introducing robots, we can ensure the safety of staff and improve efficiency.

　　In this robot coffee shop, the reporter saw three intelligent robotic arms. If a guest orders a cup of hand-brewed coffee, the mechanical arm will pour the pre-ground coffee beans into the filter paper, and then pick up the fine-mouthed pot next to it for brewing. The whole process is done by imitating the actions of a professional barista. Then, as long as you input the table number to the delivery robot in the store, it can deliver coffee to the guests. In addition, there is an ice cream robot. Customers only need to wait for more than 10 seconds, and a sweet ice cream is ready.

　　Korean consumersIt is difficult to make a uniform taste by hand, but the robot can make it uniform, and the robot is also very novel in distributing snacks, which I think is particularly fun.

　　The Korean catering market is highly competitive, with an average of 125 catering enterprises per 10,000 people. According to industry insiders, intelligent robots have a high demand in the catering industry in South Korea. However, at this stage, the cooking level of robot chefs still stays in making relatively simple dishes. In the future, with the continuous improvement in practical applications, robots can bring more surprises to the catering industry.

Grab it now! Let’s go over Beijing International Film Festival’s schedule again!

Just at 12 noon today, the screening part of the Beijing International Film Festival in 2023 will be officially invoiced in the cat’s eye.
That means, you have to grab tickets again.
Two days ago, the official of the film festival also released the latest schedule. It is estimated that many friends have made a very thorough schedule in these two days.
As for me, at the last minute, I will show you the overall situation of this year’s Beijing International Film Festival screening, and finally go over the film schedule.
Let’s see what films are showing in Beijing International Film Festival this year, find out what’s missing and fill in the gaps, and then sort them out in the final stage.
So, let’s get started.

Classic repair

This year’s restoration of classic units is really a big move.
Yes, it is estimated that every friend who pays attention to Beijing International Film Festival will pay attention to this film for the first time.
That is the 4K version of "Baise-moi"ah!
Well, I actually have nothing to recommend about the film itself.
Now there is only one problem in front of everyone, and that is:
Can you get the ticket or not?
It’s quite difficult to see only three games, but there are so many people who want to see them. Anyway, I’m going to attend Beijing International Film Festival directly from the Buddhist Department, so I’ll grab it with my fate. If I don’t, forget it.
Of course, other films of this year’s classic restoration unit are also worthy of attention.
For example, the masterpiece from BertolucciThe Conformist"4K version, just saw this film at the Hong Kong Film Festival a few days ago, and the feeling of the big screen is quite good.
Moreover, if you watch this film in the 1970s again, you will probably have a lot of new experiences.
Friends who like art films still need to pay attention.
Tess, Rouge Kou, Heroine Girl, Poem and Twin Peaks: Walking with the Fire, which are familiar to everyone, are also well-known classic films. If there is an opportunity, it is still very good to experience the 4K version on the big screen.

And like the car-chasing film directed by walter hillpull a tooth from a tiger’s mouth―dare the greatest danger",or the debut of French director claire danes"Chocolate",and Portuguese director pedro costa’s"blood",is the kind of film that you rarely have a chance to see at ordinary times. This Beijing International Film Festival screening can be enjoyed on the big screen, which is still a very rare opportunity.

Especially for the fans of unpopular movies, it is very worthy of attention.

Seijun Suzuki’s Works Exhibition

I remember that in the original DVD era, Seijun Suzuki was a Japanese director who was very liked by art film dealers. At that time, everyone seemed to call him a Japanese film director with different colors. At that time, I watched a lot of Seijun Suzuki’s films one after another.

This time, Beijing International Film Festival brought his works exhibition, although there are only five, but if you are a friend who likes director Seijun Suzuki, you can still pay attention to this unit.

The five films shown in this film are:Youth of the Beast, Door of Meat, Tokyo Tramp, Elegy of Violence, Killer Brand 4K.

There is no film in this unit that I particularly want to recommend, but if your time and number of shows are just right, and tickets are relatively easy to grab, you can try one or two Seijun Suzuki films, and maybe there will be unexpected gains.

Zhang Yimou’s Works Exhibition

As the chairman of this year’s Tiantan Prize jury, Beijing International Film Festival also selected several films directed by Zhang Yimou or related to him for screening this year.
It can be called Zhang Yimou and his films.
This time, five films were selected, including One and Eight, Old Well 4K, Red Sorghum 4K, Red Lantern Hanging High and story of qiu ju.
If you want to pay attention to the movies of that era, or friends who are interested in Zhang Yimou’s works, you can still pay attention to them.
After all, these films are still very good.


More shadow show.

This year, Beijing International Film Festival has also set up other exhibitions of directors’ works:
For example, Singaporean director Anthony Chen, although still very young, is one of the most outstanding Chinese directors, and this time, three of his works will also be shown:Drifting Life, Tropical Rain, Mom and Dad Not at Home.
Interested friends can also pay attention to it.

The other director is Bud Warnes from Belgium, and his new film "Small World" just won the best film at the Berlin Film Festival at the beginning of the year.

This time, it will show hisSmall World, Tropical Away from Soul, Next Stop, Hell, Death of a Bike Boy.

In fact, I don’t know him so well. I just watched "Away from the Tropics" before, but this time, it is a good opportunity to get to know the director systematically.

Friends who like unpopular directors can still pay attention to it.

There are many Hong Kong films here.

This year, many Hong Kong films will be shown in Beijing International Film Festival.

For example, in the Shadow Player Unit, there will be an exhibition of works by Hong Kong director Yang Fan.

Although the works directed by Yang Fan are not so prominent, they are, after all, the memories of an era, and there are many works of Hong Kong stars that were once familiar, which can also be paid attention to.

This time, there will be Yang Fan’s The Diary of a Teenage Girl, The Story of the Rose 4K, crazy in love, Flowers on the Sea, last romance and The Rockhopper.

If you really don’t know how to choose, you can look for one or two according to the lineup, which is also a good way.

At the same time, there will be a new dynamic unit for Hong Kong films this year, and some Hong Kong films will be shown. Friends who like Hong Kong films can also pay attention to it.

For example, the closing film of this year’s Hong Kong Film FestivalOn the way to hospital",or the Hong Kong Film Awards won the film, starring Sammi Cheng"like fallen flowers carried away by the flowing water"and also nominated"Outdated holidays》。

Of course, there are two classic Hong Kong films.Tianruoyouqing"and"Descending Angel",all 4k versions, friends who like Hong Kong films can still pay attention to it.

Here are some Japanese movies.

Out of my preference for Japanese films, I still want to recommend these Japanese films in Beijing International Film Festival alone this year. In fact, there are quite a few.
In addition to the five works directed by Seijun Suzuki mentioned above, the classic restoration unit will also have Yasujirō Ozu’s 4K version.kaze no naka no mendori》。
In the animation unit, there will be Miyazaki Hayao’s "Castle in the Sky"and"Howl’s moving castle.》。
Japan Film Week is also a permanent unit of Japanese films. Although there are only four films this year, friends who are concerned about new Japanese films can learn about them.
For example, there will be Matsu Takako and Kenji Sawada co-starring.Twelve months of eating dirt",or a new film directed by Masaharu Take"Lies and dreams",co-starred by Nakai Kichi and Kuranosuke Sasaki.

And the title is very long.MONDAYS/If you don’t let your boss notice, this time cycle can’t end.The evaluation seems to be not bad, at least the name is very interesting.

As for the midnight show unit, I chose Kazuyoshi Kumakiri’s "# manhole cover #"and directed by Daigo Matsui"handSince these two films are midnight units, the scale will naturally be more relaxed, which is also a little interesting.

In addition, there will be two works directed by Japanese newcomers in the future unit.Girls don’t graduate》

And "Think of all the nights》。

The Sports Film Week also has the film ten-day newspaper last year.Keiko, stare》。

Some strange units

There are several units in Beijing International Film Festival that are very brand-conscious. Basically, there is cooperation. However, the selected films are still good.
Therefore, we can also pay attention to it.
For example: [Bulgari Light and Shadow Tour], all the classic films from Italy are selected.
Here is a well-known film directed by Ferini.The Sweet LifeThe 4K version, or the more popular Italian film in recent years.Beautiful city, youthful spirit.
alsoToto, Pepineau and Sweet Life, The Last Kiss.
Friends who like Italian movies can also be concerned.
At the same time, there is also a unit called [Warner Bros. Centennial Classic Film Exhibition], which is some popular films of Warner in the past 100 years, but there are also many classic films selected.
It seems like a 4K version of "Casablanca",directed by roman polanski"The Fearless Vampire Killers",IMAX version of"2001: A Space Odyssey",there is also a very popular"The Shawshank Redemption》、《The Assassination of Jesse James by the Coward Robert Ford"4K version,"gravityIMAX 3D, andMad Max: Fury RoadColor version and black and white version.
It is also very lively.
Finally, there is a gluttonous series, which is actually some popular Hollywood movies released in previous years, such as Kung Fu Panda series, The Avengers 3, 4 and Guardians of the Galaxy series, and some Disney movies. Those who like to revisit these movies can also pay attention to them.

Some new films

What about the rest? Let’s just talk casually about some new films that we are interested in and think may be ok.
CartoonUnicorn war"is an animated film from Spain, with a cute style, but it is said that the story is quite dark and interesting.
Documentary "Mr. and Mrs. gregor-Come with me to the cinema.It is also a film worthy of attention. The film appeared at last year’s Berlin Film Festival and received a good response. It is a fascinating documentary.
Another documentary corresponding to it is "Jinde audio & video store",the same is the direction of the shadow, it is about the disc.
Horror filmPearlAs a midnight film screening, it is quite attractive. This kind of film must be more exciting on the big screen.
Jordan peele’s "noIt is also launched as a midnight movie, and you can also consider learning it on the big screen.
Philippe Garrel’s new film "The Big Dipper"Silver Bear" is the best director award in Berlin this year. Friends who are concerned about the new film can still pay attention to it.
Film "Bachmann: A Journey to the DesertFrom the old director Margarethe von Trotta, this film was also shortlisted for this year’s Berlin Film Festival, and the evaluation was OK. It is a biography of a female poet.
Two new films directed by Sang-soo Hongin the drink"and"Taloushang"are also invited to show, like Sang-soo Hong can also pay attention to.
Quentin Dupieux’s "Cough caused by smokingIt is also a strange chicken slice, but I can’t recommend it. This film is too picky for the audience. If you are interested, consider it yourself.
American film "Brick"The Tale of the Wild Man" is a new work by Damián Szifron, co-starring shailene woodley and Ben Mendelsohn. I don’t know the situation of this film for the time being, but I can also pay attention to it.
The new Chinese film has a new film directed by Lv Zhang.Light of White PagodaXin Baiqing and Huang Yao co-starred, and also entered the main competition unit in Berlin.
There is also a finalist for the Tiantan Award.Lost in the StarsIs a crime thriller co-starred by Zhu Yilong, NiNi and Janice Man.
And, Kara Wai, Hu Xianxu, Li Liqun, etc.Qiaoyi bridge"was also shortlisted for the Temple of Heaven Award.
There are several Chinese films focusing on the future, such as Night is Coming, Hundreds of Rivers Reach the Sea from the East, Yoko’s Puzzlement and Where to Grow. If you are interested, you can learn about it.
The realm unit has Li YunBo’s new film "The taste of MacGuffinIs a story about a director and an actress, and it sounds interesting.
The Chinese film of the Voice of Women has "Mom and seven days.",which is also recommended by us before.
As for the imageIntimacy, After-Sun Holiday, Tal, The Next Su Xi, Daydreaming in the Moon Age, She in the Mist.Wait, these are all well-rated film festivals in 2022, but everyone is very familiar with them, so grab them if you like.
Probably, that’s it.
I’m going to grab the ticket at noon. I hope everyone can grab the ticket successfully. At the same time, I still want the Buddha to grab the ticket. If you can grab it, grab it. If you can’t, forget it.
Don’t be too obsessed,
Watch what you have.

Being raised by a legitimate daughter and son, the two young actors in Family Heritage are not simple.

The original crew of Story of Yanxi Palace once again gathered together and crossed from the Qing Dynasty to the Republic of China to stage a new story of "family heirloom" for everyone. Although Nie Yuan, Qin Lan and Wu Jinyan are still here, the original team can’t be exactly the same, and there is no difference. People are looking forward to joining us, such as Nursery and Han Geng.

However, here, we are not talking about the leading role in Story of Yanxi Palace, nor are we talking about the newly added actors, but the two youngest major roles and actors in this play: Zhang Yijie, who plays Yi Zhongjie, and Zhang Yixi, who plays A Yuan.

The first episode of "Family Heritage" presents the audience with the grand occasion of the whole Yi family from the perspective of A Yuan, a new servant to Yi family. This kind of camera language implies that A Yuan is definitely not a simple character, even though she was just a humble little slave in previous episodes. Take a closer look. Isn’t this Ayuan the poor little maid-in-waiting lucky in Story of Yanxi Palace? Yes, these two roles are played by Zhang Yixi, who is only 19 years old now.

When Zhang Yijie, who is only 23 years old, plays Ding Yi Jie Zhong, the only man in the Yi family, appeared, his hair was not messy, he wore exquisite round-rimmed glasses, his clothes were neat and expensive, and the gentle breath came to his face instantly, which could be accurately transmitted to every audience. When he learned that he only wanted to devote himself to studying medicine, wanted to save the world, and had no intention of competing for Yi’s huge fortune, the sense of elegance and gentleness of this role was not just superficial, but deep into the soul and bone marrow.

One is a little girl with a low status, and the other is a rich and wealthy dude. It is such two roles that seem to be out of touch. According to the original novel, they have a tragic love affair and a strong sense of story. If the main lens is aimed at these two people, another TV series can be filmed.

Therefore, such a scene with rich emotion and content is still very challenging for the two young actors. But we don’t have to worry about whether they can support these two roles. Although Zhang Yijie and Zhang Yi Xi are very young, their playing age is not short. Both of them have participated in many hot dramas and are very experienced!

Zhang Yi Xi is just an adult, but she has been debuting for 11 years. She is a proper child star. Her debut work was the movie "I am the Agent" in 2011, and then she played some unimportant roles in various dramas, but she worked with many actors, such as Pan Yueming, Li Qin, Cecilia Han Rachel Momo and so on.

In 2019, Zhang Yi Xi ushered in the first film "Car" with the leading role, which reflects the problems of left-behind children in rural areas in contemporary society and has strong reality. In this year’s "The Beginning" fire, Angel also cooperated with Zhang Yi Xi in this play!

It is said that after Zhang Yi Xi signed into Entertainment Film and Television at the age of 14 and became an artist under Zheng Zheng, Zheng Zheng seemed to raise her as a daughter, so she could be praised and made to appear in many dramas. In Phoenix Prison Phoenix, she plays the young blue, in Yulouchun, she plays Showa princess royal, and in Housekeeping, she plays Cao Yaoniang …

Although they are not leading roles, they are enough for an adult actor to temper and expose her. Not long ago, the results of the art test just came out, and Zhang Yi Xi successfully passed the tests of famous schools. Yu Zheng is still too excited to send Weibo to celebrate!

Zhang Yijie is older, and he is also an entertainer. At the age of 11, he made his debut with the public welfare film "Baby Run". Before signing into Zhengzheng Studio, he also made guest appearances in many famous TV dramas, such as swords of legends, The Condor Heroes and other leading figures in ancient puppets. Then, just like Zhang Yi Xi, he appeared in various entertaining TV series. But Zhang Yijie already has a movie starring Li Lei and Han Meimei.

These two young actors, who have been playing for ten years, naturally have nothing to say about their acting skills, and in "Family Heritage", they also show the qualities that their respective roles should have. However, at present, neither of them has much drama in which they play the leading role, which seems a little regrettable, but this is not a problem.

Both of them are quite young, but they already have comparable business skills, and they are afraid that they will not receive their own plays in the future. Like them, we watch child stars grow up, and many of them can be expected in the future.

Changzhou Lexus RX price reduction news! The lowest price 375,000, only this time

Welcome to Autohome’s Changzhou promotion channel, bringing you the latest car market trends. Currently, the high-profile luxury SUV model is going on an unprecedented promotion. In the bustling city of Changzhou, car buyers can enjoy a cash discount of up to 30,000 yuan, making the RX series models that originally started at 375,000 yuan more attractive. Take advantage of this promotion opportunity, just click the "Check the car price" button in the quotation form to learn more about the specific discount details and get a more affordable car purchase price. Act quickly, don’t miss this perfect time to start a Lexus RX!

常州雷克萨斯RX降价消息！最低售价37.5万，仅此一次

The Lexus RX, as the representative of luxury mid-size SUVs, creates an eye-catching appearance with its unique design concept and exquisite craftsmanship. On the front face, the RX uses the iconic spindle-shaped air intake grille of the Lexus family, giving the vehicle a strong sense of recognition and movement. The streamlined body lines and sculptural curved design show the perfect fusion of luxury and power. The overall style is both sporty and elegant, reflecting Lexus’ pursuit of extreme detail. Whether it is the sharp eyes on the front face or every curve of the body, it shows the unique design aesthetic of the RX.

常州雷克萨斯RX降价消息！最低售价37.5万，仅此一次

With its refined craftsmanship and elegant body design, the Lexus RX presents a unique profile. The body measures 4890mm x 1920mm x 1695mm and has a wheelbase of 2850mm, which gives it just the right proportions while ensuring spatial comfort. Its tires are the front 235/60 R19 and the rear 235/60 R19, which are paired with smooth body lines to create a solid and dynamic driving posture. The careful design of these details not only enhances the visual beauty of the vehicle, but also ensures stability and handling performance during driving.

常州雷克萨斯RX降价消息！最低售价37.5万，仅此一次

The interior design of the Lexus RX highlights the fusion of luxury and refinement. The steering wheel is wrapped in exquisite leather material, which not only feels comfortable to the touch, but also supports electric up and down + front and rear adjustment to adapt to different drivers’ habits. The central control area is equipped with a 9.8-inch high definition touch screen, which integrates functions such as multimedia system, navigation and phone, and supports automatic speech recognition control, bringing a convenient operation experience. The seats are made of imitation leather, which provides front and rear adjustment, backrest adjustment, high and low adjustment and waist support to ensure passenger comfort. The front and rear rows are equipped with 4 and 2 USB/Type-C ports respectively to meet the charging and entertainment needs of passengers. The overall interior layout is scientific, focusing on practicality and luxury feeling.

常州雷克萨斯RX降价消息！最低售价37.5万，仅此一次

The Lexus RX is powered by a 2.5-liter L4 engine with a maximum power of 139 kilowatts and a maximum torque of 241 Nm. This engine is paired with a high-efficiency E-CVT continuously variable transmission to provide a smooth and dynamic driving experience for the vehicle.

Overall, the Autohome owner has a unique opinion on the exterior design of the Lexus RX. Although he personally prefers the front face of the old model, he is equally impressed by the impact and technological sense of the new model. The improved body and longer wheelbase not only enhance the spatial practicality, but also the black body and matte wheels create a unique cool image. Despite the style change, the new Lexus RX has clearly won the owner’s approval, making it difficult to resist its charm.

Wang Jianlin, don’t admit defeat

Article | Market Value Observation, Author | Yuntan, Editor | Xiaoshimei

Wang Jianlin, China’s former richest man, continues to fight while some property companies lie flat.

On the evening of June 28, Zhuhai Wanda Commercial Management submitted its Hong Kong IPO application materials for the fourth time, more than 500 days after the first listing application.

In the past three years, Wang Jianlin’s life is not easy. The impact of the epidemic, the strictest supervision in the history of real estate, a group of once-famous real estate giants have collapsed.

Considering that the betting agreement with investors will take effect at the end of the year, if Zhuhai Wanda fails to list, then Wanda will face up to 40 billion share repurchase pressure.

For Lao Wang, going public is no longer the "icing on the cake". There are only 6 months left. Wang Jianlin, who does not admit defeat, must fight to the back.

"Wanda Commercial Management is Wanda’s core enterprise. I can lose any enterprise, but this cannot be lost."

But this "lifeblood" continued to be undervalued after it went public in 2014, so in 2016, Wang Jianlin decided to delist Wanda Commercial Management.

In the seven years since, the real estate industry has undergone a sudden change, and Wang Jianlin has always adhered to the "three major tasks" – reducing debt, light asset transformation and promoting re-listing.

During this period, Wanda Commercial Management introduced a number of investors, but also buried the risk of gambling.

In 2017, Wanda shares and debt double-kill, Wang Jianlin bite after the teeth, at the expense of borrowing to Sunac, let Sun Hongbin and R & F tension to 63.75 billion yuan to pick up 13 Wanda cultural tourism city and 77 hotels.

At the Wanda annual meeting in January the following year, Wang Jianlin was in tears:In 2017, Wanda experienced too many storms and hardships.

But the wave has not subsided, and another wave has come to attack.

There is no such thing as a free lunch in the world. The nine investors who helped Wanda privatize previously agreed with Wang Jianlin to go public at the end of 2018, otherwise Wanda would have to pay interest and buy back shares.

However, the road to listing of real estate companies is basically locked, Wang Jianlin can only ask for help from old friends, Pony Ma, Zhang Jindong, Sun Hongbin, Liu Jintao opened the purse generously, jointly funded 34 billion, to solve the urgent needs of Lao Wang.

Since then, Wang Jianlin has switched to H shares again, and the listed entity has been changed to Zhuhai Wanda Commercial Management.

On the eve of its listing in Hong Kong, Zhuhai Wanda Commercial Management launched a Pre-IPO financing, transferring 21.17% of its shares to multiple investors such as Country Garden, CITIC Capital, Ant Group, Tencent, PAG Pacific Alliance Investment Group, etc. A total of about 6 billion US dollars (43.50 billion yuan).

The price Wanda needs to pay is that it must complete the listing by the end of 2023, otherwise it needs to buy back investors’ shares. That is to say, if the listing cannot be completed by the end of this year, Wanda needs to use 40 billion funds to buy back the equity.

The same script played out again, but this time, the friends were already cash-strapped, and some of them could not even protect themselves, so there was no money to help others.

For Wanda, which is currently not well-off, the expenditure of tens of billions of dollars is undoubtedly adding to the woes.

The end of the bet is approaching, and the iron man Wang Jianlin must speed up his pace.

In the history of H-share listings, it is rare for such a large number of IPOs to be repeatedly tossed.

Due to the delay in obtaining the "big road" of the China Securities Supervision Commission, some analysts said that,Zhuhai Wanda Commercial Management has set a "record" for the slowest overseas listing of a private company.

As early as October 11, 2021, Zhuhai Wanda obtained the acceptance letter from the Securities Supervision Commission and submitted its first listing prospectus to the Hong Kong Stock Exchange ten days later. But to this day, Wang Jianlin has not yet received the "pass" he has been longing for.

According to past experience, it only takes 3 to 6 months to get from "small road" to "big road", but Wang Jianlin waited 627 days. In addition, several Wanda IPO applications have also stepped on the implementation node of the "Pilot Measures" for overseas listing, and the road to listing can be described as a difficult buff.

Under the pilot scheme, domestic companies seeking to list overseas or in H-shares must obtain, in addition to an acceptance letter from the Securities Supervision Commission, known as a "small road", "H-share issuance approval" issued by the Securities Supervision Commission, known as a "big road". Only after having the "big road" will the Hong Kong Stock Exchange conduct a listing hearing for the company and start the issuance, roadshow and listing work.

In addition to the two "tickets", it also needs to be filed with the Securities Supervision Commission and approved. In other words, Zhuhai Wanda Commercial Management has an additional hurdle of approval.

Previously, Wanda’s listing information had expired three times, and the fundamental reason was that the "big road" had not been approved. On June 2, the China Securities Regulatory Commission raised six major questions to Zhuhai Wanda and asked for supplementary materials. Compared with the ease of listing in 2014, Wang Jianlin’s IPO can be described as even more difficult.

Therefore, in response to the supplementary material requirements of the Securities Supervision Commission, whether Wanda’s reply can pass the customs will be the key to the sprint listing.

Looking at the requirements of the Securities Supervision Commission, it can be seen that the problem mainly focuses on compliance, including corporate governance, capital exchanges with major shareholders, the authenticity of rental rate data, share repurchase, debt repayment arrangements, and high proportion of dividends.

According to the requirements, the issuer should supplement the materials within 30 working days. That means Wanda has about two weeks to prepare this response.

However, it is better to receive a reply than no news. Wanda also pointed out that "requesting supplementary materials is a normal process, and the listing is still in progress."

Just leave Wang Jianlin time is not much, in the face of the Securities Supervision Commission questions, Wanda iron also need their own hard.

If the "big road" is successfully obtained, coupled with the current policy atmosphere to support the real estate market, it is not impossible for Wanda to accelerate its listing.

Wang Jianlin is a man who refuses to admit defeat.

16 years of military experience have created his character of integrity, perseverance, and perseverance.

At the beginning of his business, he ran supermarkets, factories, elevator factories, substations, and eventually waded into the field of real estate development. But real estate is a capital-intensive industry. Due to his lack of experience, he has walked to the edge of the cliff many times due to capital chain problems.

At first in order to obtain a 20 million loan, he has more than 50 times hope to meet the leader of a bank, sometimes in the bank gate a stand is a whole day, but at that time Wanda is still a little-known small business, the bank is not willing to take risks, the final loan or not down.

On the one hand, he was exhausted for loans, and on the other hand, he was unable to start the project for a long time. Wang Jianlin didn’t sleep for nine days and nights at that time, and on the tenth day, he was directly unconscious in the company and was rushed to the hospital.

"You can’t be afraid of humiliation, you can’t be afraid of setbacks. The living can’t be suffocated to death by urine, and the bank can’t find it, so think of other ways." Wang Jianlin finally rescued Wanda, which was on the verge of bankruptcy, by issuing bonds.

In 2000, Wang Jianlin decided to switch to commercial real estate, but Wanda’s troubles still did not stop. In the first three years, Wanda mainly sold, and the merchants who purchased the shops directly sued Wanda in court for poor management.

In just three years, Wanda has fought 222 lawsuits. Although it has lost only two, the company is struggling to cope. Many people left Wanda at that time to find other ways.

Wang Jianlin did not flinch. In the face of difficulties, he believed in the thinking of "actual combat" and explored innovation and solved problems in practice. "When you reach the Yellow River, you will not die, and if you hit the south wall, you will not look back. When you reach the Yellow River, you will build a bridge and pass, and if you hit the south wall, you will turn over with a ladder."

He came up with an "urban complex" model. "Make a commercial center, build office buildings and apartments next to it. Sell apartments, office buildings, get cash flow, and the shops will run themselves."

This "combination of rental and sale" has allowed Wanda to rapidly expand its territory across the country and gradually grow into the country’s leading commercial real estate enterprise.

From an operational perspective,Wanda Commercial Management is China’s largest and most profitable business operations service provider.

According to the prospectus, Zhuhai Wanda achieved 17.196 billion yuan, 23.481 billion yuan and 27.12 billion yuan respectively in 2020, 2021 and 2022; its net profit during the same period reached 1.112 billion yuan, 3.512 billion yuan and 7.534 billion yuan respectively.

It can be seen that after the epidemic was released, Wanda bottomed out and rebounded, successfully achieved a V-shaped reversal, and its profitability increased significantly. Moreover, the profitability level from 2021 (adjusted by a specific algorithm) to 2022 has exceeded the gambling requirements. Considering the signs of consumption recovery, it will also be a high probability event to complete the betting profit requirement of 9.46 billion yuan in 2023.

The parent company Dalian Wanda Business Management Group is even larger, in 2022, Dalian Wanda Business Management revenue 49.314 billion yuan, net profit 12.301 billion yuan.

Taking Zhuhai Wanda as a reference, its revenue is 3 times and 6 times that of Xincheng Holdings and China Resources Vientiane Life Business Management, and 3.4 times that of the entire China Resources Vientiane Life Profit (2.206 billion yuan).

As of the end of 2022, Zhuhai Wanda had 472 projects under management, covering an area of 65.60 million square meters, making it the world’s largest business operations service provider and the only service provider in China to export large-scale management to third parties.

This asset-light model is not only what Wang Jianlin hopes to achieve, but also favored by capital markets. In Hong Kong stocks, the price-to-earnings ratio of China Resources Vientiane Life is nearly 5 times that of China Resources Land. The market value of Country Garden Services once exceeded that of Country Garden, which is mainly engaged in real estate development. Vanke also split All Things Cloud and listed it in Hong Kong.

The "limit for betting" has been reduced, and the listing battle of Zhuhai Wanda will most likely determine the fate of the real estate kingdom. But Wang Jianlin, a soldier, will not easily admit defeat. For now, this big gamble continues.

In April last year, Wang Jianlin took over the 10-year operation rights of the commercial project owned by Hu Baosen, "the first brother of Henan Real Estate"; five months later, two Wanda workshops in Zhengzhou opened at the same time.

In addition, Wang Jianlin also worked with Xinyuan Zhang Yong and Shanxi Tian Sen Du Yinwu, and took over the operation rights of Beijing Blue Harbor and Wukesong Zhuozhan Shopping Center. In 2022 alone, Wanda Commercial Management was involved in more than a dozen transactions.

Taking advantage of the recovery in consumption after the epidemic, Wanda is back on the road. The latest data shows that Wanda Commercial Management Group opened 12 Wanda Plaza in the first half of 2023, with a total of 484 openings. Total rental income in the first half reached 26.32 billion yuan, an increase of 4.5% year-on-year;

In addition, compared with other business management service providers, Wanda is more efficient, with a rental rate of 98.2% in the first half of the year and a 100% rent collection.

In addition to the core sector of business management, Wang Jianlin also pointed out at the annual meeting that in 2023, in addition to promoting the listing of Zhuhai Wanda Business Management, there will be cultural tourism "starting again".

After selling a number of cultural tourism assets to collect funds, Wanda Cultural Tourism "came back" in 2023. After the Lunar New Year, the once-quiet Wang Jianlin made frequent appearances, appearing in Luoyang White Horse Temple, Luoyi Ancient City, Guizhou Danzhai and other places, and immediately signed a number of cultural tourism projects.

Not only that, Wanda also issued a recruitment announcement called "Return to the Goose Plan", which is intended to bring back people who have worked at Wanda Hotels. More than 100 Wanda hotels are said to have participated in the campaign.

Residential real estate has also begun to return to the public eye. Wanda Real Estate (residential sector) focuses on Wanda’s commercial development and has been located in Wuhan, Guiyang and other places.

"In China’s real estate industry, Wang Jianlin deserves to be ranked first in terms of strategic execution and tactical discipline." Hu Baosen said of Wang Jianlin.

From surviving with a broken arm in 2017 to today’s massive counteroffensive, Wang Jianlin has taken precautions and acted countercyclically, which is the key to Wanda’s long-term survival.

Wang Jianlin once said: "Wanda’s difficulties are only temporary and phased, and Wanda will never lie flat." However, since the beginning of the year, the negative news lingering on Wanda has continued to ferment, causing Wanda, who originally "went ashore early", to once again fall into doubt.

However, these negative news are not completely real, and there are still many controversies. For example, the previously frozen equity of Dalian Wanda Commercial Management 1.90 billion, which Wanda said was worth far more than 1 billion yuan in property disputes. Wanda is using legal channels to safeguard the legitimate rights and interests of the company.

Previously, Dalian Wanda suspended the small public debt of 6 billion yuan, taking into account the current market conditions and voluntarily giving up the issuance, and will not have a direct impact on the listing of Zhuhai Wanda.

In fact, after the crisis in 2017, after Wanda repaid more than 200 billion in debt, the "debt nuclear bomb" has been dismantled. The decisive transformation to light assets has also made Wanda lighter.

Moreover, compared with the crazy leveraging companies such as Sunac and Evergrande, Wang Jianlin has a more forward-looking strategic vision. He often takes precautions before the storm, even at the risk of breaking his wrists, ultimately escaping disaster.

At another crucial crossroads, the former richest man in China is facing a crucial battle.

As his favorite song sings: "I want to go from south to north, and I want to go from white to black." At the age of 69, he chose to stubbornly continue to fight.

　

[Video ]2010 auto china

Enter [China News] > >


　　




　　　　CCTV (China News): Come and pay attention to auto china. As the largest auto show in China, the unique scenery of luxury cars is indispensable. Luxury brands such as Porsche, Bentley and Bugatti have appeared one after another. Let’s follow the camera to feast our eyes.


　　　　This car is the most expensive luxury car in this auto show, the 2010 Bugatti Veveyor 16.4 Sport Edition. It is the first time to appear in the Asia-Pacific region, and the price abroad has reached 2 million US dollars. In terms of power, it is equipped with a strong 987 horsepower output, a four-turbocharged 8.0-liter W16 engine, a dual-clutch gearbox and an all-wheel drive system, and the top speed can reach 407 kilometers per hour.


　　　　Next, we see Lamborghini’s latest model LP670-4, which is limited to 10 units worldwide. It is equipped with a 6.5L-V12 engine with an output power of 670 HP and a top speed of 342 kilometers per hour. The other LP570 is specially sold in China market, and uses a four-wheel drive 5.2LV10 engine.


　　　　Bentley brought a brand-new flagship model that made its debut in Asia at the Beijing Auto Show. It was equipped with an 8-speed automatic transmission, which was nearly handmade and weighed nearly 2.6 tons. It takes only 5.1 seconds to accelerate from standstill to 100 kilometers, and the top speed can reach 296 kilometers per hour.


　　　　Porsche has brought a hybrid car. This 918 is equipped with a plug-in hybrid system and a two-seat high-performance sports car with an engine in the middle. It has a 500-horsepower V8 gasoline engine and three electric motors. However, the fuel consumption is only 3.0L per 100 kilometers.


　　　　BMW, a new hybrid concept car, uses a 1.5L turbocharged diesel engine and is equipped with a hybrid system at the front and rear, with a maximum power of 356 HP, a cruising range of 640 kilometers and a fuel consumption of only 3.76 liters per 100 kilometers.


　　　　Other luxury car brands, such as Ferrari, Mercedes-Benz, Audi and British finidi, have also introduced new models at this auto show. (Editor: Jassamyn Liu)

Editor: Liu Yi

Love is just： the best love never needs to be defined.

Original title: "Love is just", the best love is never defined.


"The biggest advantage of this drama is that it restores the original appearance of love." Spring blossoms, an urban love drama deus ex, won the praise of the audience. The play tells the story of the mutual understanding and love between Song Sanchuan, a badminton tennis player, and Liang Youan, the president’s special assistant professional manager. In the play, they are sincere and enthusiastic, not afraid of love and dare not to love. They are the long-lost "sunshine" in each other’s lives, and they have seen a positive and beautiful love and restored the living conditions of contemporary urban youth.

Compared with other urban love dramas, "Love Is Just" swept away the stereotype of the audience on urban love dramas in the past. On the contrary, it was a "firework spirit" that was closer to life and paid more attention to the characters themselves. Liang Youan, the heroine, appeared as a "32-year-old single woman for five years" in the workplace, but such working and living conditions often troubled this gold medal employee. In the application for adopting a puppy, Liang Youan revealed that "I am eager to go home every day and someone will feel the sense of healing", and the encounter between the hero and heroine is actually the "sunshine" to illuminate each other’s lives, and it is a panacea to untie the "heart knot" and open the "bottleneck". I still remember at the launching ceremony of Love, the head of the team said, "I hope many women can get rid of the autism of intimate relationship, brave enough to love." From the experience of watching the drama, the slow plot rhythm is the way for the screenwriter to show the delicate feelings of the characters in the drama, and it also has a certain healing effect.

It is not difficult to find that Song Sanchuan and Liang Youan have similar life experiences and circumstances, which is also an important factor in their final "chemical reaction". In the plot structure, the screenwriter interweaves the emotional views of people aged "20+" and "30+", which makes the audience full of imagination for the plot. However, across age and occupation, they all show a new atmosphere of young people who dare to challenge themselves and constantly overcome difficulties and meet challenges in pursuit of life value, which also resonates with many people in the workplace and young people.

There are too many forms of love, and the best love is a positive force generated by "resonance at the same frequency" in Love. While welcoming sweet love, they are also faced with conflicts of ideas and experiences. They surpass themselves again and again in coping with challenges, strengthen mutual trust, and finally gain career growth and beautiful love. Such a view of love can be used for reference among young people, just as psychologist Li Songwei said, "Intimate relationship is a healthy relationship first, and love is not necessary." Indeed, love must be tacit, just like meeting by chance. When deciding to give confidence to each other, age, identity and occupation become unimportant.

Liang Youan’s unique temperament is precisely the undoubted energy of working women in the new era, and we can’t help but feel sorry for Liang Youan’s family misfortune, unfair treatment in the workplace and emotional experience. At the same time, her ability to deal with trivial matters in life and her rare sobriety in the face of complex situations deserve our admiration.

"Love is just" is not just love. The connotation of the plot extends to every corner of the workplace, love and life faced by young people. It is precisely from its character quality and core that we can truly understand "Love is just".

In the plot, there is almost no greasy inherent image of brother-sister love, and whether the dreamy combination of Liang Youan and Song Sanchuan can really land in real life is worth discussing by the audience and netizens.

As an exploration of the narrative structure and plot grasp of the emotional urban drama of brother and sister, "Love Just" has also caused some disputes on the idealization of the plot, the actor’s sense of CP, acting skills and other issues, but it is undeniable that its concept of love and outlook on life is a kind of spiritual communication under mutual equality, and it constantly challenges the limits to become a better self, and it is a sincere work with a good impression and experience for young people at the crossroads of love. (Author: Han Xin)


A city with a hundred flavors ｜ See Chongqing at the New Year’s Eve party. VIPs should ＂sit first＂

This article is transferred from: Yang Guangwang
Chongqing, January 27 th, the news of the Golden Bull puts its tail, and the tiger is blessed with wind. The New Year’s Eve is approaching, and the taste of the year is coming to the nose. As the capital of food, Chongqing is best suited to the rich group annual banquet. The dishes are fragrant, and the taste buds dance gracefully between the teeth and on the tip of the tongue. This is the first time for aesthetic food. Chongqing Channel of Yangguang. com will publish value food information from time to time in the column of "One City with Hundreds of Flavors" to explore Chongqing’s food highland and share the delicious food with the "delicious dogs". In this issue, I followed the footsteps of Chongqing Channel Food Xiaobian of Yangguang. com and entered the "First Sitting Mansion".
Creative Chinese-style door head (photo courtesy of Yang Guangwang’s first sitting in the mansion)
Xian ting Cang mo ke teahouse Hou Jiayin
"I have no intention of staying or staying, watching the flowers bloom and fall before the court; Don’t be surprised by yourself, and follow the clouds in the sky. "Regardless of ancient and modern times, literati are always looking for a good place to put their bodies and souls. For educated and picky diners, the dining environment is the first element that bears the brunt.
The flute is melodious, the harp and the sound are harmonious (Photo courtesy of the first residence of Yangguang. com)
Just "sit first"! Shouzuo Mansion is located at the foot of Zhaomushan Forest Park, a natural oxygen bar. Under the infiltration of rich negative oxygen ions, it opens a pleasant afternoon tea mode and steals a half-day leisure. First, brew a pot of green bamboo leaves before the Ming Dynasty, or a cup of precious Tieguanyin, which is warm and sweet and beautiful. Either the old monk is calm, quiet and safe, or he is full of ideas and high spirits, splashing his pen and ink on the Chinese chapter.
The cultural performance of the first sitting mansion "changed face" (Photo courtesy of Yangguang. com)
Chinese-style courtyard, unique and exquisite, antique, exquisite kung fu tea performance is eye-catching, and the sound of folk music is fresh and pleasant, which can pick up elegance and interest everywhere.
The eaves are drooping and the tea is fragrant (Photo courtesy of Yangguang. com)
As soft as breathing, the eaves lights turn green and moss. The moist and silent blue slate seems to be impregnated with tea fragrance. At every moment of moving forward or stopping, the fragrance spreads all over the body. The sunny patio seems to hide the mystery of time, and the calligraphy and painting furniture are brilliant and sharp-edged. Let the family "sit first" and have a drink with friends, so let the tea smell warm and moist for this long time and interpret the password of time.
Good mood begins with afternoon tea (photo courtesy of Yang Guangwang’s first sitting in the mansion)
Cups and plates are poems and paintings of paper and pen dishes.
"Good-looking bodies are the same, and interesting souls are one in a million." For food, to be the ultimate, color, flavor and shape are indispensable.
Recommended dishes: Sanchahu Qiaoke Wang (Photo courtesy of Yangguang. com)
The dishes in the first residence, from the utensils to the color, flavor and shape of the dishes, are all fine and unique.
Recommended dishes: roasted sea cucumber with tofu (photo courtesy of the first residence of Yangguang. com)
Color matching, shape adjustment, the position where the main course should be placed in the plate, the lovely small ornaments in the blank space, and amazing poems, every detail is just right, just like a perfect match made in heaven.
Recommended dishes: Skillful vegetable rolls (Photo courtesy of Shouzuo Mansion issued by Yangguang. com)
These key points are controlled by beauty of chongqing, who was the youngest flight attendant of Southwest Airlines, and Huang Can, the chairman of Caixiangyuan Catering Culture Company. Shouzuo Mansion is a high-end brand of its chain business, and its fine service management, innovative Chinese design and strong cultural genes all stem from her artistic temperament of liking art and music.
Antique private rooms (Photo courtesy of the first residence of Yangguang. com)
Shouzuo Mansion is a black pearl restaurant that has been appraised for many years, and is committed to spreading healthy food and traditional culture. In Shouzuo Mansion, there are countless signature dishes, such as "Longjing shrimp balls, braised roast chicken with turmeric, cherry foie gras, yak meat with milk wine, dried roast chicken in this period, dried roasted elegant fish, shredded roasted rabbit with agarwood, preserved okra with sesame sauce, pickled fish head with tortillas, swan crisp, and Tricholoma matsutake chicken bean curd …", which makes people unable to stop.
Recommended dishes: Tricholoma matsutake chicken tofu pudding (photo courtesy of the first residence of Yangguang. com)
Beautiful scenery, delicious food, fine wine, and a beautiful table of delicacies can’t help themselves in the taste of the year. In the interesting food, release the interesting soul, which is worth it! (Text/Wei Ge)
Recommended drink: custom-made red wine (photo courtesy of Yangguang. com)
[group annual banquet hotline]
Reporting/feedback