Notice of the Certification and Accreditation Administration on streamlining and optimizing the compulsory product certification procedures for products exported to domestic market
Guo Jian Jian [2020] No.5

All designated agencies for compulsory product certification:

In order to implement the spirit of the Implementation Opinions of the General Office of the State Council on Supporting Export Products to Domestic Sales (Guo Ban Fa [2020] No.16), and according to the requirements of the Notice of the Party Group of the General Administration of Market Supervision on Printing and Distributing the Work Plan of Further Playing the Role of Market Supervision to Promote Epidemic Prevention and Control and Economic and Social Development (Guo Shi Jian Dang [2020] No.74), the compulsory product certification of export products to domestic sales (hereinafter referred to as CCC certification) will be further streamlined and optimized.

First, focus on streamlining optimization procedures

On the basis of ensuring the compliance and effectiveness of certification activities, CCC certification institutions should reasonably streamline and optimize CCC certification procedures for products exported to domestic market in combination with quality management and risk control capabilities, and shorten the processing time of certification certificates and reduce the number of certification certificates by opening up green channels, accepting and acknowledging existing conformity assessment results, and expanding online services.

Especially in view of the international multilateral and bilateral mutual recognition system of conformity assessment that China has joined and can recognize the relevant testing, inspection and certification results, CCC certification institutions should recognize or accept the relevant testing, inspection and certification results of enterprises and products exported to China, avoid repeated evaluation as much as possible and reduce the certification cost.

Second, actively strengthen technical services

CCC certification institutions should focus on strengthening their sense of responsibility, improving service quality, providing policy and technical training on the basis of full communication with export-to-domestic enterprises, formulating reasonable streamlining and optimization plans, arranging specialized personnel to follow the certification process, comprehensively providing certification services and technical support, and reasonably reducing CCC certification fees for export-to-domestic products.

Three, timely summary of notification information

The designated CCC certification institution shall submit to our Committee the work of streamlining and optimizing CCC certification procedures for products exported to domestic market before September 15th and December 15th, respectively (including but not limited to: strengthening services, optimizing processes, streamlining certificates, reducing and exempting fees and typical cases, etc.).

Contact: Yang Shuwei, Certification and Supervision Department 010-82260745

Cnca
July 3, 2020

(This piece is publicly released)

April 25th this year is the 30th Children’s Immunization Day in China.
Let every child rest assured of vaccination.

April 25th this year is the 30th Children’s Immunization Day in China. The theme is: Vaccinate according to law and enjoy a healthy life. Vaccine is used to prevent diseases in healthy people, and the first requirement of the state is safety. Before the vaccine is registered, it needs to undergo strict animal experiments and clinical research to ensure that it will not cause harm to the vaccinators. Before the vaccine is put on the market, a strict batch issuance system is implemented. Yu Wenzhou, chief physician of the Center for Immunization Planning of China CDC, said that only by ensuring the safety of vaccines can every child be safely vaccinated.

The vaccination rate of the national immunization program is 90%

Yu Wenzhou said that vaccination according to law is the right of every child. No matter in developed cities or remote mountainous areas, despite the differences in the environment of vaccination sites, every child can be guaranteed to be vaccinated safely in China. The vaccination work chain finally extends to the primary vaccination clinic through the district and county level CDC. Vaccination clinics are usually set up in community health service centers or township hospitals, which is the operation link of vaccination. Each vaccine will be vaccinated for school-age people in strict accordance with standardized vaccination procedures.

Since the implementation of planned immunization in China in 1978, the incidence and death of measles, whooping cough, diphtheria, poliomyelitis, tuberculosis and tetanus have been reduced by popularizing children’s immunization. In 2000, China was confirmed to be polio-free. In 2002, the neonatal hepatitis B vaccine was included in the national immunization program; In 2007, the national immunization program was expanded, and hepatitis A vaccine and epidemic cerebrospinal meningitis vaccine were included in the national immunization program, and 14 national immunization program vaccines prevented 15 diseases. In 1988, 1990 and 1996, China’s BCG vaccine, polio vaccine, DTP vaccine and measles vaccine reached the goal of 85% in provinces, counties and townships respectively. At present, the vaccination rate of the national immunization program with townships as the unit has reached the goal of 90%.

Cui Fuqiang, deputy director of the Center for Immunization Planning of China CDC, said that China has established a well-functioning reporting system for suspected adverse reactions of vaccination, and all vaccines currently used have monitoring and statistical data on adverse reactions. All kinds of vaccines used in formal channels are safe and effective.

Vaccine safety problems are directly "killed"

From research and development to injection to human body, a vaccine has to undergo strict safety management to play a role in preventing diseases. The quality standard of vaccine contains safety, effectiveness and other indicators. Vaccine production enterprises produce vaccines under the guidance of good manufacturing practice (GMP), and the State Food and Drug Administration conducts the strictest supervision on vaccine production and implements the batch issuance and release system.

Yang Xiaoming, director of the National Joint Vaccine Engineering Technology Research Center and chairman of China Biotechnology Co., Ltd., said that a vaccine has to go through at least 8 or even 20 years of research and development from research and development to marketing, and the vaccine has to undergo strict animal experiments and clinical research before it is registered, and the vaccine has to implement a strict batch issuance system before it is put on the market. Every link from research and development to production, if there is a safety problem with the vaccine, it will be directly "killed".

Many people believe that imported vaccines are more reliable and safer than domestic vaccines. Yang Xiao said that the revised version of GMP in 2010, which is followed by vaccine manufacturers, can be described as the "Chinese version" of EU GMP. In order to pass this certification, various enterprises have invested heavily, and Sinopharm Zhongsheng has invested nearly 10 billion yuan in hardware upgrade and management improvement. After the promulgation and implementation of the 2010 edition of China Pharmacopoeia, some imported live attenuated vaccines were withdrawn from the domestic market because of antibiotic residues or Vero cell DNA residue standards.

Japanese encephalitis is a disease spread by mosquito bites, which can cause brain inflammation. Vaccination is an effective preventive measure. The vaccine is independently developed in China and has independent intellectual property rights. It was approved by the former Ministry of Health in 1998 and has been used for more than 600 million doses so far, providing effective immune protection for hundreds of millions of children. This is the first vaccine to go abroad in China, the first China vaccine purchased by UNICEF, and the first time that GAVI adopted a vaccine from China to promote epidemic control.

"Fragile" vaccines undergo rigorous and challenging tests.

Because vaccines are sensitive to temperature, every link from the vaccine manufacturing department to the site where vaccines are used may fail due to high temperature. China has established a cold chain system to complete the operation of the vaccine, ensuring that the vaccine has proper refrigeration equipment in the whole process from production, storage, transportation, distribution to use, so that the vaccine is always kept in a prescribed cold state, ensuring that the reasonable titer of the vaccine is not damaged, and the vaccine will not fail due to temperature.

In fact, these seemingly "fragile" vaccines have undergone harsh and challenging tests. Only vaccines that pass challenging tests have a chance to get listed. Generally speaking, the challenge test of vaccine is to make the vaccine accept various harsh challenges such as temperature, light, vibration, repeated freezing and thawing, and even oxidation to see under what conditions it can still remain qualified. Challenge test of vaccine generally includes accelerated stability test and compulsory condition test of vaccine.

In April 2015, china food and drug administration issued the "Technical Guiding Principles for Stability Research of Biological Products", which clearly stipulated the requirements and standards for challenging tests of vaccines. Every vaccine should be challenged in the R&D registration stage before marketing according to this guiding principle. That is, the vaccine is placed at 37 degrees Celsius for a certain period of time (ranging from 2 days to 4 weeks) before it goes on the market. If the decline value of effective components (such as the number of live bacteria, virus titer or titer) is within an acceptable range, and the vaccine as a whole is still qualified, it can be judged that the vaccine is a qualified product, and then released for the market. China Institute for the Control of Pharmaceutical and Biological Products should also check the thermal stability of products when issuing vaccines in batches. The test results can be used as the basis for formulating the validity period and storage conditions of the vaccine.

"Safe vaccines are the most effective." Cui Fuqiang said that the vaccine made human beings take the initiative for the first time in the face of the threat of infectious diseases, and played an irreplaceable role in reducing mortality and improving life expectancy per capita. (Reporter Wang Junping)　

　　▲ On the advertisement board of a real estate in Lichuan, the value of Chongqing PM2.5 was enlarged and matched with a picture of a gas mask, deliberately creating a tense atmosphere.

　　Chongqing Evening News "Chongqing PM2.5 250, Lichuan has 362 days of excellent air quality throughout the year … …” This is what a real estate in Lichuan City, Hubei Province said on the promotional advertisement list distributed in some districts of the main city yesterday, which caused great resentment among the citizens. Some citizens angrily told the Chongqing Evening News reporter that the advertisement seriously vilified the image of Chongqing. "Even people who repair houses are of such quality. The quality of the repaired houses can be imagined. Who dares to buy such a house that is advertised indiscriminately?"

　　Yesterday at noon, a netizen whose real name was @ Zheng Jian, director of Bayu Public Welfare Development Center in Yuzhong District, Chongqing, posted a photo of an advertisement for a real estate in Lichuan on Weibo. The words "Chongqing falls, Lichuan sticks to it" in the center of the page are very eye-catching. Under the eight words, "Chongqing PM2.5 250, the average summer temperature in Lichuan is 22℃, and the number of days with excellent air quality in Lichuan is 362 days". Among them, the fonts of "Chongqing" and "250" are obviously enlarged, and they are changed to more eye-catching red.

　　Zheng Jian wrote at the top of the picture, "The sales advertisement made by a real estate in Lichuan, Hubei Province is too derogatory to Chongqing. Can such an advertisement actually pass the examination? First of all, the PM2.5 in Chongqing exceeded 250 in 2015 for a few days; From April to October, the number of days of pollution is generally less than one month, and most of the time the primary pollutant is ozone. However, the advertisement of the real estate actually said that Chongqing PM2.5 reached 250, which is simply alarmist and slanders the image of Chongqing. "

　　As soon as Weibo was issued, it spread widely on social networks, which attracted a lot of public discussion. Liao Xiaojia, who lives in Jiaheyuan Community near the Auditorium in Yuzhong District, was very angry after seeing the advertisement, because she felt that the air quality in Chongqing had been good in recent years. The reason why this advertisement plays the air quality card is probably that the local real estate market played more cool cards in previous years. However, the competition among peers is fierce, and now we can’t find new gimmicks. Let’s take air quality as an example. Liu Dan, a citizen who works in jiangbei mouth, is quite disgusted with the number "250" in the advertisement, thinking that this number is too fake and uncomfortable. Some citizens have made it clear that who dares to buy this kind of property with unlimited publicity?

　　Yesterday afternoon, Chongqing Evening News reporter contacted Zheng Jian. Speaking of this promotional advertisement, Zheng Jian is still very indignant. "I received this advertisement in a community in the North Ring Road this morning, and it was marked ‘ 250’ This figure is used as a gimmick. Is it bullying Chongqing that no one can understand? How dare such a property come to Chongqing to sell a house? Everyone in Chongqing should resolutely resist it. " Zheng Jian said.

　　Chongqing Evening News reporter learned from Jiangbei District Environmental Protection Bureau yesterday that around noon yesterday, the District Environmental Protection Bureau received a complaint about the advertisement. The district environmental monitoring detachment, together with the law enforcement officers of Guanyinqiao business circle, immediately rushed to the agency of the company in Langqing Square in the business circle at about 5 pm.

　　"The law enforcement officers of the environmental monitoring detachment told them that this kind of advertising language conveys the wrong information, which seriously misleads the public and may even cause panic." The relevant person in charge of the Jiangbei District Environmental Protection Bureau told the Chongqing Evening News reporter that while criticizing and educating the relevant personnel of the agency, the law enforcement officers of the business district collected misleading publicity materials on the spot and asked the agency to rectify immediately.

　　Chongqing Evening News reporter Wan Li Tao Kun He Huaixiang photo report

　　Industrial and commercial developers have no right to publish air quality.

　　Is this promotional advertisement, which has aroused strong public dissatisfaction, appropriate in content release? Chongqing Evening News reporter interviewed the industrial and commercial department yesterday.

　　The relevant person in charge of the Advertising Department of Yuzhong District Administration for Industry and Commerce said that there are at least three things wrong with this advertisement: First, the developer itself is not qualified to release air quality information, and such information can only be released by a few designated institutions and departments such as environmental protection; Secondly, PM2.5 is a dynamic value, which may be different every day or even every hour. It is obviously inappropriate for the advertisement to replace the dynamic value with a fixed value. Third, the advertising content is suspected of misleading consumers. Once consumers find that the actual situation is different from the advertising, the developer will violate the contract law. Moreover, its wording really makes people feel that it is slandering Chongqing.

　　Environmental protection Chongqing air quality ranks in the middle and upper reaches.

　　"This company is completely misleading the public by publishing the wrong air quality information at random." Yesterday afternoon, after seeing this exaggerated advertisement, the relevant person in charge of the Atmospheric Department of the Municipal Environmental Protection Bureau expressed anger. He said that the data on air pollution should be based on the authoritative data released by the environmental protection department, and citizens should not trust these information of unknown origin.

　　The person in charge said that the Law on the Prevention and Control of Air Pollution, which came into effect on January 1 this year, stipulates that no unit or individual may release the forecast and early warning information of heavy pollution weather to the society without authorization. If such information is released without authorization, it will be punished by the public security organs according to law. Therefore, it may be illegal to publish information about heavy air pollution at random.

　　"In recent years, the overall air quality in Chongqing has continued to improve." The person in charge said that in recent years, the city has made great efforts to control air pollution and improve air quality, and has achieved certain results. In 2013, the average annual concentration of PM2.5 in the main city was 70 μ g/m3, which dropped to 57 μ g/m3 last year. Last year, the number of days with excellent air quality in the main city reached 292 days.

　　"At present, Chongqing’s air quality is at the middle and upper reaches of the country and is in the forefront in the west." The person in charge said that if ranked by the number of days with excellent air quality, Chongqing ranked 10 th among 31 municipalities and provincial capitals in 2015; If ranked by PM2.5 concentration, Chongqing ranks 15th among 31 municipalities and provincial capitals.

　　The person in charge also told the Chongqing Evening News reporter that last month, the municipal government issued the "Decomposition of Key Tasks for Air Pollution Prevention and Control in 2016", requiring that the number of days with excellent air quality in our city should reach 300 this year, and the number of days with heavy air pollution should also be controlled at a lower level.

　　The agency apologized to the public.

　　This property that aroused public indignation, was this advertisement launched to stimulate sales for bloggers’ eyes, or was it unintentional? With all kinds of questions, the Chongqing Evening News reporter came to the Chongqing agency of the property near Langqing Square in Guanyin Bridge at 4 pm yesterday.

　　However, in the store, the Chongqing Evening News reporter did not find this controversial advertisement list, and the publicity materials placed at the front desk were also very common. The staff said that after receiving a large number of complaints from the public, they had taken these advertisements off the shelves in the afternoon.

　　The relevant person in charge of the real estate sales department in Lichuan, Hubei Province also said when communicating with the Chongqing Evening News reporter that they are still unclear about this matter. The specific marketing is the responsibility of the Chongqing agency, but they will immediately rectify it.

　　Subsequently, the Chongqing Evening News reporter contacted the manager of the Chongqing agency of the property. Manager Xiong introduced that 10,000 copies of these advertisements were printed and distributed on the morning of the 2nd, and 2,000 copies were distributed as of that afternoon. As for the fact that the words on the advertisement sheet caused public indignation, the agency did not consider it comprehensively, and apologized to the people of Chongqing for this. The remaining 8,000 advertising leaflets will be recycled and will not be distributed, and the advertising leaflets will be revised again.

　　There is no limit to advertising creativity and promotion.

　　In fact, this is not the first time that someone has played the edge ball and used the name of Chongqing to attract attention to promote sales. Four years ago, there was a slogan "I rely on Chongqing" from other places to promote myself, and the result was quickly stopped by the industrial and commercial department. This time, foreign real estate projects are suspected of "washing" Chongqing. The key is that the purpose of "washing" is to want Chongqing people to pay for consumption. Of course, Chongqing people will not agree to such a thing.

　　Since the advent of the Internet, all kinds of unlimited promotions have emerged one after another. Under the guidance of the concept of eyeball economy, as long as it can attract click-through rate, even out-of-place marketing is applauded, because as long as the click-through rate is high, advertisements can be cheated. Nowadays, this endless streaking promotion is spreading to the offline.

　　It is understandable to be creative in advertising, but it must not be shocking to the infinite. Because advertising also has a strong guiding role, it not only conveys business information, but also exerts a subtle influence on people’s values, moral norms, social norms, lifestyles and so on. Therefore, in response to this chaos, the relevant departments must strengthen supervision over the advertising content and publishing platform, and must not take it lightly and never let it drift.

　　Xinhua News Agency, Dinia, Maria, Brazil, November 21st (Reporter Zhao Yan, Chen Weihua) In the northern Brazilian state of Tocantins, there is a small village named Maria Dinia, which was settled by slaves who escaped from slavery (Kirombo people). Now the villagers are all descendants of the "runaway slaves". Similar villages are usually located in dense forests or wilderness with inconvenient transportation, and people live in poverty.

　　However, since last year, with the official operation of a fruit processing factory, the life of women in Maria Dinia village has changed greatly. Malena, a villager, recently sat on a new sofa at home and told Xinhua News Agency about the change of his life.

　　"Life changes before and after work can be described from white water to red wine." Malena said, "I used to be a housewife, but I have a job since last year. Now, I have bought a sofa and a refrigerator with the money I earned, and I can buy a mobile phone without installment. The exterior wall of my house has also begun to be painted with cement. It can be said that my dreams have come true one by one. I also connected to the Internet at home, and I learned to contact business, purchase and sell online. " Malena kept talking while showing the reporter around his home.

　　On October 4th, 2022, in Dinia, Maria, Tocantins, Brazil, Malena, a worker of a fruit processing factory, used a newly bought computer at home. Xinhua News Agency reporter Wang Tiancong photo

　　The fruit processing factory where Malena works was sponsored by State Grid Brazil Holding Company of China, which belongs to a project of the company’s basic environmental protection plan. At present, there are 10 workers, 9 of whom are women.

　　Anne De Amorim, coordinator of State Grid’s environmental, social and corporate governance, told reporters that during the construction of the second phase of the power transmission and transformation project of Meilishan Hydropower Station, Brazil’s second largest hydropower station, because the transmission line passed near the village, the builders talked with the villagers and learned that there were a large number of fruit trees in the area, and the villagers wanted to build a fruit processing factory, but the local water quality was not good. Therefore, State Grid Batong decided to help the village drill two wells, which can not only provide high-quality water, but also build a fruit processing factory.

　　De Amorim said: "After hard work, we got the environmental protection permission to build the factory and incorporated it into the company’s basic environmental protection plan. We hope that through this project, the village can achieve sustainable development. "

　　On October 4, 2022, in Maria Dinia, Tocantins, Brazil, workers picked fruits. Xinhua News Agency reporter Wang Tiancong photo

　　In November 2018, State Grid Batong helped the village to complete the construction of the factory building. Since 2019, villagers have been trained from picking fruits to using machines. At the beginning of 2021, the factory obtained a business license and officially put into operation in August of the same year. The pulp produced by the factory comes from acerola cherry, mango, pineapple, passion fruit and other local fruits.

　　Graciela Paludo, a food engineer, is an expert contracted by State Grid Pakistan Control to teach local villagers how to make fruit pulp. She trained villagers in fresh fruit preservation, fruit processing, standardized packaging and shelf life control, and also helped them contact buyers.

　　"Although the road here is not easy and it will take a long time, it is all worth it." Paludo said, "Because I see that they are no longer dependent on their husbands and can support their families through labor. They are women, blacks, Keelung people, far away from the city, and almost forgotten by society, but now they have become the pillars of their families. I am proud of them."

　　On October 4, 2022, in Dinia, Maria, Tocantins, Brazil, food engineer Graciela Paludo (right) worked with workers. Xinhua News Agency reporter Wang Tiancong photo

　　The fruit processing factory produces "Keelung Orchard" brand fruit pulp. Brazil’s national supply company has signed a contract with the factory to make this brand of fruit pulp available for primary school students in public schools to drink during meals. In addition, the factory also signed contracts with some hotels and private institutions for supply. The average annual income of workers in fruit processing plants can reach 8,000 reais (about 11,000 yuan).

　　Due to the large temperature difference between day and night in the wooded grassland where Maria Dinia village is located, it is beneficial to sugar storage, and the fruit pulp tastes good, and the product market will open soon. When the order is large, it is necessary to buy fruits in the nearby market to supplement it. Therefore, Malena wants to plant some more fruit trees in his own land.

　　"I only thank China enterprises! We hope that the scale of the factory will become larger and larger, and the products will be sold farther and farther. I believe that as long as there is a desire, it will be realized through hard work. " Malena said. (Clip: Wang Yujue; Editor: Yang Aihua, He Mengshu, Jia Xiaohua, Shang Jing, Qian Yong Wen)

　　Produced by Xinhua News Agency International Department

　　Produced by Xinhua News Agency’s International Communication Integration Platform

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　　The text message received by Ms. Xu

　　Public Network Linyi August 1 ST(Reporter Wang YancaiRecently, many citizens called the public news hotline 3100789 to report that they were repeatedly asked by Linyi Longneng Property for the fees of the Yulong Bay Yuyuan Community in the form of a lawyer’s letter.

　　Ms. Xu, a citizen, told the public network reporter that she had sold a house in Linyi for seven years, but she was still repeatedly asked by Linyi Longneng Property for the fees of the Yulong Bay Yuyuan Community in the form of a lawyer’s letter. In 2011, Ms. Xu bought a house in the second phase of Yulong Bay Yuyuan Community, but when the real estate license was not issued, she resold the house and signed a contract. When the real estate license was issued, the house transfer procedures were completed.

　　On July 25th, Ms. Xu received a lawyer’s letter sent by SMS. There is also a link in the short message to remind Ms. Xu to click on the link and enter the viewing password to view online or call for enquiry. Because she was worried that it was a scam message, Ms. Xu didn’t open it.

　　

　　Lawyer’s letter received by Ms. Xu

　　On July 31, Ms. Xu received two identical reminder letters on SMS. "All three short messages start with 001, and the phone number sent each time is different, so I dare not click on the above website at all, for fear of fraudulent short messages. After all, there are too many fraudulent short messages now." Ms. Xu said.

　　Out of caution, Ms. Xu first went online to check whether there was any fraud information in this regard. After confirming that there was no, she called the phone in the text message to ask about it. It turned out that the other party was Beijing Shangde Law Firm, entrusted by Linyi Branch of Guangzhou Longneng City Operation Management Co., Ltd., and sent a lawyer’s letter to Ms. Xu.

　　According to the lawyer’s letter, Ms. Xu owes 389.77 yuan to the Yuyuan Community in Yilongwan, including 81 yuan for garbage removal and 216.05 yuan for water. Ms. Xu also told the reporter of the public network that after the house was sold, the property in the former Yuyuan Community of Yilongwan once called her to collect the property fee. At that time, she had told the property that the house had been sold. Now the property has been replaced by Linyi Longneng Property, and a lawyer has been entrusted to send her a lawyer’s letter.

　　"The house has been sold for six or seven years, and the cost is not what I owe." Ms. Xu said that the house was resold many times before and after, and she didn’t know who owed the property fee. Linyi Longneng Property sent a lawyer’s letter directly without confirming it to her. Ms. Xu expressed concern that "failure to fulfill the obligation of payment within the specified time limit will expose her dishonest behavior, which will affect the loan or financing".

　　In response to this matter, the public network reporter contacted Mr. Liang, the property manager of Linyi Longneng Property. Mr. Liang said that because the project of Yulong Bay Yuyuan Community has been withdrawn, the community no longer belongs to Longneng Property Management. Before the handover of the property, if the owner has historical arrears, he will make a reminder, so he entrusted a lawyer to send a lawyer’s letter. Mr. Liang also said that this matter will be implemented as soon as possible, during which Ms. Xu’s credit problem will not be affected, and Ms. Xu herself will be informed of the verification results in time.

　　

　　The text message Yu Xiansheng received.

　　Similar to Ms. Xu’s situation, Yu Xiansheng, the owner of Yilongwan Yuyuan Community, has recently received letters from lawyers from Longneng Property.

　　On July 27th, Yu Xiansheng received a lawyer’s letter from Linyi Branch of Guangzhou Longneng City Operation Management Co., Ltd. via SMS, asking him to settle the payment of 170.64 yuan before August 6th. On August 1st, Yu Xiansheng received two short messages one after another, which said that Yu Xiansheng had applied for a website reminder from August 6th, 2018 because she had not handled it.

　　According to Yu Xiansheng, in 2017, he paid a one-year property fee to Linyi Longneng Property in advance. Just two or three months after the payment, the community changed to a new property. To Yu Xiansheng’s anger, not only was the property fee of this year taken away by Linyi Longneng Property, but after leaving, Linyi Longneng Property also called him to inform him that there was still one month’s water fee unpaid.

　　Yu Xiansheng told the reporter of the public network that it was normal that the water fee was not paid, but as soon as he paid the property fee for one year in advance, Linyi Longneng Property left, and he didn’t hand over the received property fee to the new property before leaving, which led him to pay the property fee for another year.

　　"The water fee can be settled when Linyi Longneng Property leaves, but the property fee must also be settled when Linyi Longneng Property leaves, and all expenses must be handled clearly." Yu Xiansheng said that before paying the water fee, Longneng Property needs to give him a reasonable explanation.

　　In response to this matter, the public network reporter contacted Mr. Liang, the property manager of Linyi Longneng Property. After the call was connected, the other party did not reply. Subsequently, the public network reporter called Linyi Longneng Property Service Call Center, and the customer service staff told the public network reporter that Yilongwan Yuyuan Community did belong to Linyi Longneng Property Management before, but Longneng Property withdrew from the management of the community on March 12 this year. At that time, the company had sent the person in charge to do the handover work, and all the information was deleted one week after the withdrawal. At present, no contacts and information related to this situation can be found.

　　In view of the problems reflected by Yu Xiansheng, the customer service staff of Linyi Longneng Property suggested that Yu Xiansheng could find out the person in charge of handover at that time through the person in charge of Longneng Property, and then reflect the problems.

　　The public network reporter will continue to pay attention to this matter.

　　Recently, a small animal named White-fronted Spider became popular on the Internet. Some netizens pointed out that it is an "artifact to kill cockroaches", feeding on cockroaches, and "only climbing the wall without climbing the bed" and "non-toxic and harmless". According to a survey conducted by Beijing Youth Daily reporter, the sales volume and price of the white-fronted spider have both increased on the online sales platform.

　　However, animal experts pointed out that the white-fronted spider does not prey on cockroaches, but feeds on small insects including cockroaches. Experts pointed out that it is irrational to kill cockroaches with white-fronted spiders, and the effect is not as remarkable as that of various chemical and physical methods on the market. Although the toxicity of white-fronted spiders is weak, they still have the risk of causing allergies and inflammation.

　　reveal

　　The white-fronted spider is accused of being an "artifact for killing cockroaches"

　　Cockroaches, as common pests, like to chew on food and household appliances, and spread diseases during this period. However, because of its tenacious vitality and exuberant fertility, how to eliminate them has become a headache for many people. In view of this, many chemical cockroach killing drugs have been introduced in the market, and some people have pointed out that cockroaches can be caught by physical methods such as sugar water. Recently, an alleged "cockroach killing artifact" has become popular on the Internet, attracting many netizens to try it.

　　This online celebrity "cockroach killing artifact" is the white-fronted spider. Some netizens said that this spider is the natural enemy of cockroaches and "feeds on cockroaches". In the hot video, netizens let a white-fronted spider and a cockroach "share a room". Then, the spider caught the cockroach nearby and swallowed it in a few bites. Some netizens said that the white-fronted spider "only climbs the wall but not the bed" and "is nontoxic and harmless", so it can be safely raised in large quantities at home to "shock" cockroaches. However, some netizens questioned: Is the white-fronted spider really harmless? Can a large number of breeding really play the role of "killing cockroaches"

　　Li Ning (pseudonym), a resident of Fujian, told the reporter of Beiqing Daily that he lives in the south. When the climate is hot and humid, cockroaches often haunt his home. "There are children and pets at home, so I dare not use the cockroach killing medicine because I am afraid of being eaten by mistake. I heard that it (white-fronted spider) can eat cockroaches, so I bought it. " Li Ning recalled that the first purchase was in December last year. "I left it at home and it was not long before I lost it." In July this year, Li Ning bought another one from the Internet. "If you catch a cockroach in front of it, it will eat it, but I have never seen it chasing after it, and it doesn’t eat much. It basically eats one or two (cockroaches) and stops eating."

　　survey

　　The seller sells "Net Starscream" by size.

　　Searching on the e-commerce platform found that there are not a few sellers selling white-fronted spiders. On the product introduction page, many merchants played the banner of "natural enemy of cockroaches" and "zero harm to people" and distributed videos of white-fronted spider preying on cockroaches. It is observed that most sellers price spiders according to their size, which are divided into 5-7 cm, 8-10 cm and 10-12 cm, and the price ranges from 10 yuan to 30 yuan.

　　Many merchants said that thanks to the label of "cockroach killing artifact", the white-fronted spider is selling well recently, and the number of people placing orders and the price have increased compared with before. Some merchants have also introduced that they have been selling white-fronted spiders since a few years ago. Most of the spiders sold come from the wild, and only a few are farmed.

　　However, in the comment area of hot-selling goods, buyers’ comments on "Starscream" are polarized. Some buyers left a message saying that as soon as they received spiders, they kept them at home, "feeling less cockroaches." However, some buyers said that after receiving the "Net Red Spider", they didn’t see it actively catching cockroaches, and even put the spider and two small cockroaches in a mineral water bottle. The spider didn’t hunt cockroaches like in the video released by the merchant.

　　In this regard, the merchant explained, "There are limited conditions for catching cockroaches. You can’t feed it in advance. When it is hungry, put it in a sealed area for it to catch cockroaches. For example, in a kitchen of 5 square meters, close the door and put a spider. " During the communication, the merchant also stressed that the white-fronted spider usually does not need to be fed. "Its food is cockroaches. If it is not full, it will find insects to eat, such as flies, mosquitoes and moths. It eats them all. Moreover, it is very hungry, and it is okay not to eat for a month. "

　　In addition, the merchants said that "spiders are harmless and don’t bite people". "Normally, they are afraid of people and will stay away. Even if you are bitten, it is just like being bitten by a mosquito, bulging a small bag. " Merchants also introduced that the activity area of the white-fronted spider is concentrated on the wall and ceiling. "Under normal circumstances, it will not climb into the bed or closet and will not disturb people’s normal life."

　　expert

　　"Spider killing cockroaches" is not reliable and the effect is not as good as medicine.

　　Is it reliable to rely on the "net spider" to prey on cockroaches? Diao Kunpeng, a researcher at the Shanshui Nature Reserve Center in Haidian District, Beijing, said that the white-fronted spider is a common spider, which mostly moves indoors, likes dark and damp, hides in corners, behind wardrobes and other places, and is often distributed in the south.

　　However, Diao Kunpeng explained that this spider does not prey on cockroaches, but feeds on small insects including cockroaches. "So, use the white-fronted spider ‘ Kill cockroaches ’ Obviously, it is not very reliable. This effect is not seen to be more efficient than various chemical and physical methods for killing cockroaches on the market. " In view of the fact that some sellers catch the white-fronted spider in the wild, Diao Kunpeng pointed out that although the white-fronted spider is not a rare animal, excessive human intervention will have a negative impact on the ecology in the long run.

　　Is "Starscream" non-toxic and harmless? Diao Kunpeng said that all spiders are toxic. Although the white-fronted spider will not take the initiative to hurt people, there is still the risk of being bitten in a closed environment. "Although the toxicity of the white-fronted spider is weak, it is not as some people say ‘ After being bitten, just drum a mosquito bag ’ That’s all. Especially for people with allergies, it is more harmful after being bitten and there is a risk of causing allergies and inflammation. "

　　Text/reporter Zhang Ya Intern Xiang Lian

　　The Beijing Bus Express Direct Line will connect to Dachang, Hebei Province on February 13th.

　　Next Monday (February 13th), two express bus lines will be opened, both of which can lead from Beijing to Dachang, Hebei. This will be the express direct line between Beijing and Hebei in Article 5 and Article 6 of this city.

　　February 14th

　　Nominations for the Chief Executive Election of the Hong Kong Special Administrative Region began.

　　The Electoral Affairs Commission (EAC) of the Government of the Hong Kong Special Administrative Region (HKSAR) announced that the nomination period for the fifth election of the Chief Executive of the HKSAR began on February 14th, 2017 and ended on March 1st.

　　February 15th

　　Beijing regulates that the compensation requirements for the value of expropriated houses should not be lower than similar real estate market prices.

　　The Interim Measures for the Assessment of Housing Expropriation on State-owned Land in Beijing will be implemented on February 15, 2017. The interim measures further standardize the price level of compensation for house expropriation, and ensure that the compensation for the value of the house to be expropriated is not lower than the market price of similar real estate of the house to be expropriated.

　　Beijing began to implement the five-ring restrictions on motor vehicles in country I and country II during working days.

　　From February 15, 2017, Beijing will implement the road working day restriction within the Fifth Ring Road (excluding) for light gasoline vehicles with national I and II emission standards in this city and other places. For motor vehicles that violate the regulations and drive on roads in restricted areas, the traffic administrative department of the public security shall, in accordance with relevant laws and regulations, impose a fine on 100 yuan, which shall be calculated and punished once every 4 hours.

　　Jiangsu motor vehicle parking service charges in different periods. Congestion periods are higher than idle periods.

　　In order to standardize the charges for motor vehicle parking services, reasonably guide the allocation of public resources, ease road traffic and social parking demand, the Measures for the Administration of Motor Vehicle Parking Services in Jiangsu Province was promulgated and will be implemented on February 15th. The "Measures" newly put forward that "the congestion period is higher than the idle period", and made it clear that the charges during peak hours such as commuting are higher than other periods, and efforts were made to alleviate the traffic conditions during urban peak congestion.

　　February 16th

　　Lenin’s Mausoleum in Moscow’s Red Square will be closed for two months for body maintenance.

　　According to Sputnik, citing the news released by the Media and Public Relations Center of the Russian Federal Security Service, the Lenin’s Mausoleum on Moscow’s Red Square will be temporarily closed to citizens from February 16th to April 16th. The news said: "Lenin’s Mausoleum will be temporarily closed from February 16 to April 16, during which time the planned preventive maintenance of the remains will be carried out."

　　17 February

　　Hearing held on two schemes for adjusting sewage treatment fee in Guangzhou central city.

　　A set of schemes with large adjustment will be charged according to the pricing cost and net asset profit rate, with the domestic sewage of residents starting from 1 yuan/ton, the domestic sewage of non-residents starting from 1.6 yuan/ton, and the sewage treatment fee standard of special industries will be raised to 2.5 yuan/ton. According to the arrangement, the hearing on the adjustment scheme of sewage treatment fee will be held on February 17th.

　　Bright Venus is the brightest in the whole year on February 17th.

　　Recently, some careful public will find that there is a star in the southwest sky every evening. Astronomical experts say that this bright star is Venus. With the passage of time, Venus will reach the brightest in the whole year on February 17th, which is a rare favorable opportunity for the public to observe Venus.

　　Munich security conference held

　　The 2017 Munich Security Conference will be held at the Bavarian Courtyard Hotel in Munich from February 17th to 19th. The annual Munich Security Conference is the highest-level international security policy dialogue platform in the world, and hundreds of senior representatives from various countries are invited to participate in the discussion every year. Wolfgang Ischinger, chairman of the conference, said that this Mu An Conference will be an important opportunity to talk about how Europe and the United States will continue to cooperate in an increasingly challenging international environment.

　　February 18th

　　Second round reservation of Year of the Rooster commemorative coins

　　The commemorative coin of the Year of the Rooster will be reserved for the second time next week. The 2017 bicolor copper alloy commemorative coin issued by the People’s Bank of China has the words "People’s Bank of China" and "10 yuan" on the front, the Chinese phonetic alphabet "SHIYUAN" and the year number "2017", and the background is lined with a group flower pattern. On the back, the main scene pattern is a rooster shaped by the combination of China traditional paper-cutting art and decorative New Year pictures. Above it, there are palace lanterns and peony patterns, and the word "Ding You" is printed on the left side of the coin. Two-color copper alloy commemorative coins with denomination of 10 yuan, diameter of 27mm, made of two-color copper alloy, issued 500 million pieces. The second appointment period is from February 18 to February 21, 2017, and the exchange period is from February 22 to February 28, 2017.

　　 February 19th

　　20th anniversary of Deng Xiaoping’s death.

　　February 19th is the 20th anniversary of the death of Comrade Deng Xiaoping. On February 19th, 1997, Deng Xiaoping died in Beijing at the age of 93. On the same day, the Central Committee of the Communist Party of China, the National People’s Congress Standing Committee (NPCSC), the State Council, Chinese People’s Political Consultative Conference and the Central Military Commission issued a Letter to the whole Party, the whole army and the people of all nationalities in China, pointing out that Deng Xiaoping was recognized by our party, our army and the people of all nationalities as an outstanding leader with high prestige, a great Marxist, a great proletarian revolutionary, politician, strategist, diplomat, a tried-and-tested communist fighter, the chief architect of China’s socialist reform, opening up and modernization drive, and the founder of Socialism with Chinese characteristics Theory.

　　Sapporo Asian Winter Games held in Japan

　　The Asian Winter Games in Sapporo, Japan will be held from February 19th to 26th in Sapporo and Daiguang, Hokkaido. At the end of November last year, the Organizing Committee of Sapporo Asian Winter Games announced that it had received the largest number of entries from 31 countries and regions.

Recently, the hot market transactions mainly focus on coal, artificial intelligence and storage. In the industrial trend, GPT-4 Turbo has been launched heavily, opening up new AI commercialization prospects; Intellectual S7 and Aouita 12 appeared, focusing on Huawei’s model to empower car companies. On the policy side, it is suggested to focus on data elements (government data, data confirmation, privacy calculation, data space); Regulatory resource pricing improvement (virtual power plant, energy storage).

Core view

[Market Trading Hotspots] The recent market trading hotspots mainly focus on coal, artificial intelligence and storage.Hot spot one: coal. On the policy side,The National Development and Reform Commission and the National Energy Administration issued a notice on establishing the electricity price mechanism of coal capacity.From the price point of view,In October, 35.992 million tons of coal were imported, a decrease of 6.148 million tons from the previous month and a significant decrease of 14.59% from the previous month.Judging from the price,The power coal price in Newcastle Port, Australia is US$ 103.3/ton, and the price difference between domestic and overseas is RMB 17.51/ton. The CIF price difference between Australia’s Fengjing coking coal is US$ 381.5/ton, and the price difference between domestic and overseas is -699.67/ton. The coking coal cost is upside down again, and the domestic price increase is relatively smooth.Hot spot 2: artificial intelligence.After the OpenAI model is upgraded and released, its ecosystem will be further established to promote the landing and development of AI-related applications.Hot spot 3: storage.High-end DDR5 and HBM are in short supply recently, and their prices continue to rise; At the same time, with the drastic reduction in production of the upstream original factory and the limited production capacity shifting to the production of high-end products, the prices of traditional models such as DDR4 are also rising, and NAND prices are expected to usher in an inflection point at 23Q4. On the other hand, Changjiang Storage sued Micron Technology Co., Ltd. and its wholly-owned subsidiary Micron Consumer Products Group Co., Ltd. for infringing its eight US patents on November 9.

[Global Industry Trends]Industry trend 1: GPT-4 Turbo is launched heavily, opening up new AI commercialization prospects.On November 6, local time, Open AI held its first developer conference in San Francisco. At the meeting, Open AI brought its upgraded GPT-4 Turbo model. The new version of GPT-4 Turbo supports a 128k context window and can input 300 pages of books at a time. The knowledge information was updated to April 2023, and visual ability, DALL·E 3 and speech synthesis API were added. At the same time, the price of the Turbo version of GPT-4 is lower than that of the original version, and the price of the input side is 1/3 and the output side is 1/2 of that of GPT-4. In addition, Open AI has introduced a function called GPTs, and users can build a GPT with exclusive skills just by communicating their needs through dialogue. OpenAI also released an agent-like application. Developers can use the Assistants API to execute specific instructions, read additional knowledge bases, call models and tools to complete tasks, and are equipped with tools such as code interpreter, retrieval and function call.Industry Trend 2: Intellectual S7 and Aouita 12 appeared, paying attention to the Huawei model to empower car companies.On November 7,Zhijie S7Officially open pre-sale. The first launch of Zhijie S7 is equipped with Huawei Turing intelligent chassis and HarmonyOS 4 intelligent cockpit, as well as HUAWEI ADS 2.0 advanced intelligent driver assistance system and other leading technologies. Smart car brand alliance-HarmonyOS Zhihui guildSynchronous release. On November 10th, Changan, Huawei and Contemporary Amperex Technology Co., Limited cooperated deeply.Aouita 12Officially listed. Aouita 12 comes standard with three lidar+HUAWEI ADS 2.0 advanced intelligent driving systems, and is equipped with an intelligent cockpit based on HarmonyOS 4. Huawei has become a leader in the field of smart cars, accelerating the empowerment of more car companies.

[Important policy tracking]】Last week, there were two important marginal changes on the policy side that deserve special attention:1. The data element policy side ushered in multiple catalysis:1) On the 13th, it was reported that the National Bureau of Data was studying and drafting relevant guidance documents, which would promote the construction of data transaction circulation system from the top design. In addition, the Director of the Data Bureau said that he is actively paying attention to the evolution of technologies related to data circulation (privacy computing, data space, etc.); 2) On the 9th, the Price Department of the National Development and Reform Commission and the National Data Bureau prepared three groups to hold a symposium, aiming at accelerating the establishment and improvement of the price formation mechanism of public data and promoting the opinions on the paid use of public data for digital development according to government guidance pricing; 3) On the 10th, Hengyang sold data resources and smart city franchise, with a starting price of 1.8 billion yuan, and data resources are expected to become a new starting point for local finance;2. The capacity price policy is expected to be implemented, and the pricing of regulatory resources is gradually strengthened:On the 10th, the "Notice on Establishing Coal Capacity Electricity Price Mechanism" was issued, which will greatly change the profit structure of coal enterprises. From the perspective of future policy expectations, the introduction of capacity electricity price policy shows that the pricing of regulatory resources is strengthening, and it is expected that policies such as pricing optimization and cost sharing of subsequent auxiliary services will be introduced. In summary, it is recommended to focus onData elements(government data, data confirmation, privacy calculation, data space);Regulatory resource pricing improvement(Virtual power plant, energy storage);

[Important information]SMIC: November 9,SMIC Hong Kong stocks released unaudited results in the third quarter of 2023, with revenue of $1.62 billion in 23Q3, which was-15% year-on-year/+3.9% quarter-on-quarter, which was in the guidance median; The gross profit margin was 19.8%, which was -19pcts/ -0.5pct, which was at the upper limit of the guideline. Because the equipment delivery exceeded expectations, Capex in 2023 was revised to 7.5 billion US dollars.Accord to that viewpoint of China merchants electronic,China’s industry inventory tends to be healthy. Looking forward to 2024, the demand for mature processes will increase due to destocking, but the growth momentum is limited. It is expected that the industry will recover in a Double-U(W) shape, and the prices of bulk standard products will continue to decrease.TSMC:On November 10th, TSM.US announced its revenue report for October 2023. Data show that TSMC’s consolidated revenue in October was NT$ 243.203 billion, up 34.8% from the previous month and 15.7% from the same period last year. This is the first year-on-year positive growth of TSMC’s monthly revenue since February this year, highlighting that the global chip market seems to be gradually recovering from the trough. Boosted by this news, TSMC’s US stocks closed up 6.35% on Friday, the biggest one-day gain since May.

[Concerns and suggestions on short-term industrial trends]From a short-term perspective, November needs to focus on five tracks with marginal improvement: integrated circuits (semiconductor equipment, semiconductor materials, storage), artificial intelligence, automotive intelligence, infrastructure (water conservancy), and digital economy (data elements, industrial digitalization).

[Concerns and suggestions on medium and long-term industrial trends]In the medium and long term, we suggest to pay attention to the industrial trends such as digital economy (data elements), artificial intelligence, self-control, etc. under the AI+ scientific and technological revolution, as well as the new technical route of carbon neutral industrial chain driven by cost reduction and efficiency increase, and the penetration rate of electric smart cars increases under the trend of electrification and intelligence.

[Global stock market performance]Last week, global stock markets rose more and fell less.In terms of industry,The industrial indexes with higher A-share gains are: Wonder Optical Module (CPO), Tik Tok Platform and Virtual Human.In terms of plates,The information technology, optional consumption and materials sectors performed well, while the energy sector performed poorly. Among the companies with a market value of more than $20 billion that rose sharply in the past week, information technology and alternative consumer industries are the majority; Among the companies with a market value of more than $20 billion that led the decline in the past week, companies in the health care industry are mostly.

[Risk warning] Macroeconomic fluctuations, subjective pre-judgment deviation, industrial development is less than expected.

Catalogue

01

Core concerns and investment suggestions

1. Prospect of this week’s important events

2. Hot market transactions

Last week, the key theme indexes of A-shares were Wonder Optical Module (CPO), Tik Tok Platform and Virtual Human.

Note: All the stocks involved in this paper are listed or represent the connection with relevant industrial chains, and do not represent the investment suggestions of individual stocks or the research viewpoints of China Merchants. Please refer to the recommendations of the research groups of China Merchants for specific stocks.

Market trading hotspots mainly focus on coal, artificial intelligence and storage:

coal

On the policy side,The National Development and Reform Commission and the National Energy Administration issued a notice on establishing the electricity price mechanism of coal capacity. The electricity price mechanism of coal capacity is suitable for public coal-fired generating units that are in compliance with the regulations.From the price point of view,In October, 35.992 million tons of coal were imported, a decrease of 6.148 million tons from the previous month and a significant decrease of 14.59% from the previous month, mainly due to the increase in energy prices brought about by the Palestinian-Israeli conflict.Judging from the price,The power coal price in Newcastle Port, Australia is US$ 103.3/ton, and the price difference between domestic and overseas is RMB 17.51/ton. The CIF price difference between Australia’s Fengjing coking coal is US$ 381.5/ton, and the price difference between domestic and overseas is -699.67/ton. The coking coal cost is upside down again, and the domestic price increase is relatively smooth. In addition, the issuance of 1 trillion treasury bonds and the bottom of Vanke have also brought a certain boost to metallurgical coal (double coke) mainly used for construction, so the double coke futures have continued to be strong recently.

artificial intelligence

OpenAI held the first developer conference, with the core contents as follows:1. In terms of model upgrading,GPT-4 comes out with Turbo version, which has better performance and 128K context window, and the cost is reduced by 2-3 times.2. in terms of assistant API,Developers can build an autonomous Agent with the function of accessing tools, and can automatically call code interpreter, search, function call and other functions.3. In terms of customizing GPTs,Without code, the user-defined GPT is created in natural language, which greatly improves the convenience for enterprises to build large-scale model applications.4. in the GPT store,Similar to APP store, you can make and upload all kinds of large model applications. On the whole, after the OpenAI model is upgraded and liberalized, its ecosystem will be further established to promote the landing and development of AI-related applications.

save

Accord to that viewpoint of China merchants electronic,High-end DDR5 and HBM are in short supply recently, and their prices continue to rise; At the same time, with the drastic reduction in production of the upstream original factory and the limited production capacity shifting to the production of high-end products, the prices of traditional models such as DDR4 are also rising, and NAND prices are expected to usher in an inflection point at 23Q4. On the other hand, Changjiang Storage sued Micron Technology Co., Ltd. and its wholly-owned subsidiary Micron Consumer Products Group Co., Ltd. for infringing its eight US patents on November 9. Changjiang Storage said in the patent infringement indictment that the lawsuit was to terminate Micron’s extensive and unauthorized use of Changjiang Storage’s patent innovation. Changjiang Storage is the largest 3D NAND Flash manufacturer in China. Changjiang Storage mentioned in the indictment that Micron used Changjiang Storage’s patented technology to resist competition from Changjiang Storage and gain and protect market share. The lawsuit aims to solve one aspect of the following problems: Micron tried to prevent competition and innovation by forcing Changjiang Storage to withdraw from the 3D NAND Flash market.

3. Changes in theme and industry trend: GPT-4 Turbo model is completely upgraded, and Huawei’s three modes of car manufacturing empower car companies.

(1)GPT-4 Turbo is launched heavily, opening up new AI commercialization prospects.

The stronger version of GPT-4 Turbo has been launched, which is both economical and practical. On November 6, local time, Open AI held its first developer conference in San Francisco. At the meeting, Open AI brought its upgraded GPT-4 Turbo model.The new version of GPT-4 Turbo updates the knowledge information to April 2023, and supports a 128k context window, which can input 300 pages of books at a time. OpenAI’s instruction tracking has been improved, and a new function called JSON Mode has been introduced to ensure that developers can make it easier for models to call JSON and XML content. At the same time, the seed (random seed value) parameter is added to realize repeatable output. In the next few weeks, the logprobs parameter will be added to see the most likely output probability distribution of the model. In terms of price, the price of GPT-4 Turbo input tokens is 1/3 of that of GPT-4 (1k tokens only costs 0.01 USD), and the price of output Tokens is 1/2 of that of GPT-4 (1k Tokens costs 0.03 USD). This shows that GPT-4 Turbo has stronger performance, cheaper price and lower development cost.

The re-launch of new products and new modes has expanded the development scope of AI applications, and AI commercialization is expected to land.AssistAgentts API is the first step for developers to build an agent-like experience in their own applications. (1)Assistants API innovatively introduces a persistent thread with infinite length to solve the limitation of context window. (2) Use knowledge outside the model to enhance the supporting retrieval function, such as proprietary domain data, product information or documents provided by users. (3) Expand the function of code interpreter. Write and run Python code in sandbox execution environment, generate graphs and charts, and handle files with various data and formats. (4) Update the function calling function and call multiple functions at one time, which improves the flexibility and efficiency of the API. In addition, GPT-4 Turbo has added visual ability, DALL·E3 and speech synthesis API. Support image input, automatically summarize image content and document content with images. It is expected that with the application development and scene expansion, the big model will be used as the entrance to many AI+ application fields such as AI+ office, AI+ games and AI+ education.

The launch of GPTs stores will encourage individuals and enterprises to make more extensive use of customized GPT and open up new commercial prospects.Everyone can build a GPT with exclusive skills by talking and chatting without programming. OpenAI is about to release GPTs stores, where users can easily create, share and make money. The exclusive GPT can be used not only as a pet consultant and design assistant, but also as an assistant for startup companies to meet the needs of different fields. By interacting with GPT Builder, users can easily build a dedicated GPT and share it with others. At the same time, OpenAI emphasizes screening harmful content through the new system to improve security. Generally speaking, the opening of GPTs store provides more space for personalized application of AI, breaks the traditional gap between users and models in the AI field, and also brings more flexible and innovative AI solutions for entrepreneurs and entrepreneurs.

(2) Zhijie S7 and Aouita 12 appeared, paying attention to the Huawei model to empower car companies.

Huawei’s smart car selection wisdom S7 opens pre-sale.On November 9, Huawei officially released the new strategy of smart travel solutions and launched the new ecosystem of Huawei’s smart car selection business in Shenzhen. At the press conference, Huawei announced that Zhijie S7 officially opened for pre-sale. Zhijie S7 is the first car in Huawei’s smart car selection business. It is jointly built by Huawei and Chery and produced on a brand-new platform built by Huawei’s full-stack smart car solution. Starting from the pre-sale price of 258,000 yuan, the brand-new family design is the same as that of the M9. The first launch is equipped with Huawei Turing intelligent chassis and HarmonyOS 4 intelligent cockpit, as well as HUAWEI ADS 2.0 advanced intelligent driving assistance system and other leading technologies, which will be officially released on November 28th. By November 10th, Zhijie S7 had more than 5,000 user orders within 15 hours of the pre-sale stage.

The intellectual S7 has many bright spots. (1) Intelligent S7 is equipped with HarmonyOS 4 intelligent cockpit for the first time.Adopt ark engine, bring a brand-new 3D car control desktop, and the control is more silky. Smart voice assistant xiaoyi accesses Pangu big model.(2) Launch Huawei Turing Intelligent Chassis.Perfect combination of intelligent control and mechanical adjustment, with maneuverability and comfort.(3) Equipped with a new generation of DriveONE 800V high-voltage silicon carbide gold power platform.It has stronger power and lower energy consumption. The total power of the four-wheel drive version is 365kW, the acceleration of 100 kilometers is only 3.3s, and the braking distance of 100 kilometers is only 33.5m m.(4) Equipped with HUAWEI ADS 2.0, a smarter high-order intelligent driving system.Start parking on behalf of the driver, realize over-the-horizon autonomous parking, can actively identify abnormal obstacles to avoid obstacles, easily deal with complex road conditions, and do not rely on high-precision maps.

At the press conference, HarmonyOS Zhihang, the brand alliance of intelligent car selection, was released simultaneously.HarmonyOS Zhixing can realize a more efficient and safer driving experience by integrating 5G technology, high-precision mapping and automatic driving technology. At the same time, the system can also support interoperability between different devices, and can be connected with other devices (such as mobile phones, tablets, smart homes, etc.) to realize information sharing.Besides, HarmonyOS Zhixing can be regarded as an extension of HarmonyOS operating system in the field of automobiles.HarmonyOS Zhixing is based on intelligent cockpit, intelligent driving and HarmonyOS car operating system, supplemented by other HarmonyOS application ecology. HarmonyOS Zhixing is not only a car system, but also an application of smart home, smart travel and smart office.

On November 10th, Aouita 12, which was deeply cooperated by Changan, Huawei and Contemporary Amperex Technology Co., Limited, was officially listed.After 36 hours on the market, the cumulative total will exceed 6700+. Aouita 12 is equipped with the drive motor provided by Huawei, and it can be powered by 230kW single motor and 425kW front and rear dual motors. The fastest acceleration time is 3.9 seconds and the cruising range is over 700 kilometers. The car is also equipped with Huawei iTRACK dynamic torque distribution system, which can scan the road environment with microsecond ultra-fine real-time road condition sensing technology, and realize millimeter-level torque fine-tuning when encountering complex road conditions such as speed bumps and low-attached roads. In terms of intelligent driving, Aouita 12 comes standard with three lidar+HUAWEI ADS 2.0 advanced intelligent driving systems, equipped with an intelligent cockpit based on HarmonyOS 4.

Huawei has become a leader in the field of smart cars, accelerating the empowerment of more car companies.With the hot sales of Smart S7 and Aouita, the market sentiment has been catalyzed, and Huawei’s three car-making modes (standardized parts mode, HI mode and smart car selection mode) will receive more and more attention. At the press conference on November 9, Huawei launched a unified ecological alliance of the smart car selection business, which includes the world, the intellectual community and other brands that will be launched in the future. In the future, Huawei’s cooperation with more car companies will help the continuous upgrading of intelligent driving of automobiles.

4. On the policy side: Hengyang will transfer the franchise rights related to data resources, and the capacity electricity price policy is expected to land.

Last week, there were two important marginal changes on the policy side that deserve special attention:1. The data element policy side ushered in multiple catalysis:1) On the 13th, it was reported that the National Bureau of Data was studying and drafting relevant guidance documents, which will promote the construction of data transaction circulation system from the top design. In addition, the Director of the Data Bureau said that he is actively paying attention to the evolution of technologies related to data circulation (privacy computing, data space, etc.); 2) On the 9th, the Price Department of the National Development and Reform Commission and the National Data Bureau prepared three groups to hold a symposium, aiming at accelerating the establishment and improvement of the price formation mechanism of public data and promoting the opinions on the paid use of public data for digital development according to government guidance pricing; 3) On the 10th, Hengyang sold data resources and smart city franchise, with a starting price of 1.8 billion yuan.Data resources are expected to become a new starting point for local finance;2. The capacity price policy is expected to be implemented, and the pricing of regulatory resources is gradually strengthened:On the 10th, the "Notice on Establishing Coal Capacity Electricity Price Mechanism" was issued, which will greatly change the profit structure of coal enterprises. From the perspective of future policy expectations, the introduction of capacity electricity price policy shows that the pricing of regulatory resources is strengthening, and it is expected that policies such as pricing optimization and cost sharing of subsequent auxiliary services will be introduced.

(1) Multiple catalysis of data factor policy, Hengyang transferred the franchise rights related to data resources.

The policy side of data elements ushered in multiple catalysis: 1) On November 13, according to the report of China Securities Journal, the National Data Bureau was studying and drafting relevant guidance documents, which would be designed from the top.Promote the construction of data transaction circulation system.In addition, the Director of the Data Bureau said that he is actively paying attention to the evolution of technologies related to data circulation.(hiddenPrivate computing, data space, etc.); 2) On November 9, the Price Department of the National Development and Reform Commission and the National Bureau of Data held a symposium to accelerate the establishment and improvement of the price formation mechanism of public data and promote the development of digital.Public dataOpinions on pricing and paid use according to government guidance; 3) On November 10th, Hengyang transferred data resources and smart city franchise, with a starting price of 1.8 billion yuan.Data resources are expected to become a new starting point for local finance..Therefore, it is suggested to continue to pay attention to investment opportunities related to data elements (government data, data confirmation, privacy computing, data space).

Hengyang sells data resources and smart city franchise rights, and data resources are expected to become a new starting point for local finance.On November 10th, the transaction announcement of Hengyang municipal government data resources and smart city franchise transfer project was released. According to the announcement, the transferee will obtain the franchise of data resources generated after the completion of Hengyang Smart City or other financial investment information systems. The return mechanism of the project is "user pays". During the franchise period, the franchisee can collect fees from users within the franchise scope as a return for project construction. The starting price of the project is about 1.8 billion yuan, and the deposit is about 300 million yuan. [1]

We believe that the transfer of data resources management rights has begun to partially replace the transfer of land use management rights, and it has become a new source of local government revenue, and it is even expected to become a new starting point for local finance.Observing the income of the two accounts in Hengyang City, it is found that the income of Hengyang government funds accounts for a high proportion of the two accounts. The main component of government funds is land transfer fees. However, observing the data of the middle finger, it is found that the land transaction amount in Hengyang City in the first half of this year was only 3.3 billion yuan, which was smaller than the 15.4 billion yuan in 2022. In the future, the transfer of data resource management rights is expected to become a new starting point for local finance.

The potential total size of the data asset market is in the order of trillions.As an important new kinetic energy to promote economic growth in the future, the data asset market has a potential total size of 10 trillion. Tang Qifeng, general manager of Shanghai Data Exchange, once mentioned that if data assets enter the table, it may create another 100 trillion yuan of new assets; Lu Yanchun, director of the price monitoring center of the National Development and Reform Commission, said that according to preliminary estimates, the scale of data element expenditure of enterprises nationwide is about 3.3 trillion yuan. If we consider derivative markets such as data asset evaluation, pledge and financing, the overall scale may exceed 30 trillion yuan [2]. In terms of data elements, according to the report of ICT Institute, by 2025, the market scale of data elements in China, which is composed of core data elements such as data collection, data cleaning, data labeling and data transaction, is expected to exceed 174.9 billion yuan and enter a high-speed development stage.

In the accelerated construction of the data circulation trading system, the value of data elements is expected to be released continuously.In December 2022, the "Twenty Data Articles" put forward the establishment of a classification and authorization system for public data, enterprise data and personal data, as well as the data property right system framework of data resource holding right, processing right and management right, and "separation of three powers". Since then, the specific rules have continued to fall, and the pace of policy introduction has obviously accelerated in the second half of this year. In August, the "Interim Provisions on Accounting Treatment Related to Enterprise Data Resources" policy was promulgated to guide the entry of enterprise data assets into the table; In September, China Asset Appraisal Association issued the Guiding Opinions on Data Asset Appraisal, and the detailed rules for data asset appraisal were issued. On October 25th, the National Data Bureau was established, which is responsible for coordinating and promoting the construction of basic data systems and coordinating the integration, sharing, development and utilization of data resources. With the introduction of various detailed rules and policies to support the development of data elements, the construction of data element market is expected to accelerate. Judging from the expectation of the follow-up policy, considering that the Interim Provisions on Accounting Treatment Related to Enterprise Data Resources will be implemented next year, the data confirmation policy is expected to be launched as soon as the end of the year.To sum up, it is suggested to continue to pay attention to the relevant investment opportunities of data elements (government data, data confirmation, privacy computing, data space).

(2) The capacity price policy is expected to be implemented, and the pricing of regulatory resources is gradually strengthened.

On November 10th, the National Development and Reform Commission and the Energy Bureau jointly issued the Notice on Establishing the Electricity Price Mechanism of Coal Capacity, and decided to adjust the current single electricity price of coal to two-part electricity price. Among them, the electricity price is formed through marketization, and the capacity price level is gradually adjusted according to the actual situation such as the progress of coal-fired power transformation. The "Notice" clarifies that the coal capacity electricity price policy shall be implemented for public coal-fired power units that are in compliance with the regulations, and the capacity electricity price shall be determined according to the method of recovering a certain proportion of fixed costs of coal-fired power units. Among them, the fixed cost of coal-fired power units used to calculate the capacity electricity price is subject to the national unified standard, which is 330 yuan per kilowatt per year; From 2024 to 2025, the proportion of fixed costs recovered by capacity electricity price in most places is about 30%, and some places with rapid transformation of coal-fired power functions are appropriately higher; From 2026, the proportion of fixed costs recovered by capacity electricity prices will be increased to not less than 50%. The electricity charge of coal capacity is included in the system operation cost, and is shared by industrial and commercial users according to the proportion of electricity consumption in that month every month. [3]We believe that the proposal of capacity price is of great significance, which will greatly change the profit structure of coal-fired power companies, significantly enhance the utility attributes of coal-fired power companies, and make the profit structure more stable.From the perspective of future policy expectations, the introduction of capacity electricity price policy shows that the pricing of regulatory resources is strengthening, and it is expected that policies such as pricing optimization and cost sharing of subsequent auxiliary services are expected to be further introduced.

Judging from the currently promulgated standards, the fixed cost recovery ratio of coal-fired power units in provinces with rapid coal-fired power transformation, such as Henan, Hunan, Sichuan, Yunnan and Chongqing, is about 50%, and the corresponding capacity electricity price is 165 yuan/kilowatt year; The recovery cost ratio of other provinces is 30%, and the corresponding capacity electricity price is in 100 yuan/kilowatt year.

After the second meeting of the Deep Reform Commission, the reform of the energy and power system was accelerated.The proposal of capacity price is of great significance, which will greatly change the profit structure of coal-fired power companies, and the utility attributes of coal-fired power companies will be significantly enhanced and the profit structure will be more stable. From the perspective of future policy expectations, the introduction of capacity electricity price policy shows that the pricing of regulatory resources is strengthening, and it is expected that policies such as pricing optimization and cost sharing of subsequent auxiliary services are expected to be further introduced.

5. Investment suggestions

November needs to focus on five tracks with marginal improvement:Integrated circuit (semiconductor equipment, semiconductor materials, storage), artificial intelligence, automobile intelligence, infrastructure (water conservancy), digital economy (data elements, industrial digitalization).

In the medium and long term, we suggest to pay attention to the industrial trends such as digital economy (data elements), artificial intelligence, self-control, etc. under the AI+ scientific and technological revolution, as well as the new technical route of carbon neutral industrial chain driven by cost reduction and efficiency increase, and the penetration rate of electric smart cars increases under the trend of electrification and intelligence.

02

Global Watch: Global Market Tracking

1. Performance of global stock market industry

Last week, global stock markets rose more and fell less, with information technology, optional consumption and materials sectors performing better and energy sectors performing poorly.

Specifically,US stocks rose more and fell less,Information technology and telecommunications services led the gains, while energy and public utilities led the declines. On November 3, the data of the October non-farm payrolls report released by the United States was less than expected. The market generally believed that this would make the Fed slow down the pace of raising interest rates or even cut interest rates, and the stock bond market rose accordingly.In terms of European stocks,Information technology and industrial sectors led the gains, while optional consumer sectors led the declines.In the British stock market,Information technology and industry sectors led the gains, while materials and daily consumption sectors performed poorly.In the Japanese stock market,The information technology and industrial sectors led the gains, while the financial sector led the declines. In terms of Hong Kong stocks, only medical care rose slightly, and many sectors such as materials, energy and real estate plummeted.A shares rose more and fell less.The information technology and real estate sectors led the gains, while the daily consumption and telecommunications services sectors led the declines.

2. Brief analysis of global powerful stocks and exotic stocks.

Among the companies with a market value of more than $20 billion that rose sharply in the past week, information technology and alternative consumer industries are the majority; Among the companies with a market value of more than $20 billion that led the decline in the past week, companies in the health care industry are mostly.

Brief analysis of abnormal shares

【Datadog】On November 7, Datadog, a cloud monitoring and analysis software company, announced its third-quarter financial report. According to the financial report, the company announced quarterly revenue of $547.5 million, a year-on-year increase of 25%, exceeding analysts’ expectations of about $520 million. This growth rate is basically consistent with the strong results in the second quarter. Adjusted earnings per share was 45 cents, which was also higher than analysts’ expectations of 34 cents, compared with 23 cents in the same period last year. Datadog also raised its annual revenue and profit expectations. The company currently expects the fourth quarter revenue range to be between $564 million and $568 million, and the annual revenue is expected to be about $2.1 billion. The two expected figures released by Datadog exceeded the average analyst expectations of $543.3 million and $2.06 billion.

【Trade Desk】Trade Desk provides a self-service platform to help advertisers and advertising agencies find and purchase digital advertising inventory (display, video, audio, native and social) programmatically on different devices (such as computers, smart phones, home digital and Internet TV), and use data to optimize the performance of purchased advertising impressions. This week, Trade Desk issued performance guidance, and the company expects Q4 revenue to be at least $580 million, far below the consensus forecast of analysts of $610 million. The company also expects the adjusted earnings before interest, tax, depreciation and amortization (EBITDA) of Q4 to be about $270 million, which is also less than the consensus forecast of analysts of $290 million.

03

Important information express

1. Domestic industrial policies and news

(1) Strategic emerging industries-promoting the concentration of state-owned capital in forward-looking strategic emerging industries (☆☆☆)

On November 11th, the Party Committee of the State-owned Assets Supervision and Administration Commission of the State Council held an enlarged meeting. The meeting stressed that it is necessary to do a good job in the state-owned capital operation budget of the state-owned central enterprise system at a high level, make clear the capital investment, make scientific plans, strengthen performance management, and formulate capital injection plans for key industries, key fields and core enterprises in combination with the layout and structural adjustment plan of the state-owned economy and the development strategy of central enterprises. We will promote the concentration of state-owned capital in important industries and key areas related to national security and the lifeline of the national economy, in industries related to the national economy and people’s livelihood, such as providing public services, building emergency response capabilities and public welfare, and in forward-looking strategic emerging industries, strictly enforce financial and economic discipline, urge enterprises to manage and make good use of budget funds in accordance with laws and regulations, and effectively improve the efficiency of funds. Guide central enterprises to deepen reform, strengthen supervision, combine the reform of state-owned enterprises with deepening and upgrading actions, clarify key supervision tasks, improve supervision system and mechanism, innovate supervision methods and means, promote the high-quality development of enterprises, effectively implement major national strategies and planning tasks, better meet the needs of building a modern infrastructure system, better safeguard national security, and better play the strategic supporting role of the state-owned economy.

(2) Automobile-Minister of Commerce Wang Wentao raised concerns about the EU’s anti-subsidy investigation on China’s electric vehicles and restrictions on China enterprises’ participation in the EU’s 5G construction (☆☆☆).

On November 10th, Minister of Commerce Wang Wentao met with European Commission Internal Market Commissioner Breton in Beijing. The two sides had a frank and in-depth exchange of views on China-EU economic and trade relations, electric vehicles, 5G and supply chain cooperation. Wang Wentao focused on the EU’s anti-subsidy investigation on China’s electric vehicles and restrictions on China enterprises’ participation in the EU’s 5G construction. He hoped that the EU would abide by WTO rules and the spirit of fair competition and create a fair, just and non-discriminatory environment for China-EU economic and trade cooperation. Brayton said that the EU attaches importance to EU-China economic and trade relations, and believes that although there are some differences between the two sides, mutually beneficial cooperation can still be carried out in many fields, and it is willing to strengthen communication with China and jointly build a stable and mutual trust supply chain.

(3) Coal-two departments: establish the electricity price mechanism of coal capacity (☆☆☆).

On November 10th, the National Development and Reform Commission and the National Energy Administration issued a notice on establishing the electricity price mechanism of coal capacity. The electricity price mechanism of coal capacity is suitable for public coal-fired generating units that are in compliance with the regulations. Coal-fired self-owned power plants, coal-fired generating units that do not meet the national planning, and coal-fired generating units that do not meet the national requirements for energy consumption, environmental protection and flexible adjustment, etc., do not implement the capacity price mechanism, and the details will be separately clarified by the National Energy Administration. The electricity price of coal capacity is determined according to the method of recovering a certain proportion of the fixed cost of coal-fired generator sets. Among them, the fixed cost of coal-fired power units used to calculate the capacity electricity price is subject to the national unified standard, which is 330 yuan per kilowatt per year; Based on the fixed cost ratio of capacity electricity price recovery, considering the needs of local power systems and the transformation of coal-fired power functions, it is determined that it will be about 30% in most places in 2024-2025, and it is about 50% in some places where the transformation of coal-fired power functions is faster. From 2026, the proportion of fixed costs recovered by capacity electricity prices will be raised to not less than 50%.

(4) Economic data-National Bureau of Statistics: China’s PPI decreased by 2.6% year-on-year in October, which was the same as the previous month; CPI decreased by 0.2% year-on-year and 0.1% quarter-on-quarter (☆☆☆).

On November 9, data from the National Bureau of Statistics showed that in October, the ex-factory price of industrial producers nationwide decreased by 2.6% year-on-year, which was the same as that of the previous month. The purchase price of industrial producers decreased by 3.7% year-on-year and increased by 0.2% quarter-on-quarter. From January to October, the ex-factory price of industrial producers decreased by 3.1% compared with the same period of last year, and the purchase price of industrial producers decreased by 3.6%.

The national consumer price dropped by 0.2% year-on-year. Among them, the city decreased by 0.1% and the rural area decreased by 0.5%; Food prices fell by 4.0% and non-food prices rose by 0.7%; Consumer goods prices fell by 1.1%, and service prices rose by 1.2%. From January to October, the national consumer price rose by 0.4% over the same period of last year.

(5) Semiconductor chip-Changjiang Storage, the largest flash memory chip manufacturer in China, sued Micron for patent infringement in the United States (☆☆☆).

According to a report by Cailian on November 11th, the reporter learned from the information released by the Northern District Court of California that Changjiang Storage sued Micron Technology Co., Ltd. and its wholly-owned subsidiary Micron Consumer Products Group Co., Ltd. on November 9th for infringing its eight American patents. Changjiang Storage said in the patent infringement indictment that the lawsuit was to terminate Micron’s extensive and unauthorized use of Changjiang Storage’s patent innovation. Changjiang Storage is the largest 3D NAND Flash manufacturer in China. Changjiang Storage mentioned in the indictment that Micron used Changjiang Storage’s patented technology to resist competition from Changjiang Storage and gain and protect market share. The lawsuit aims to solve one aspect of the following problems: Micron tried to prevent competition and innovation by forcing Changjiang Storage to withdraw from the 3D NAND Flash market.

(6) medical insurance-Shanghai take-out medicine pilot medical insurance payment (☆☆)

According to The Paper’s report on November 6th, relevant departments in Shanghai have contacted Hungry, Meituan platform to pilot the payment of medical insurance for Internet pharmacies, and dozens of pharmacies have been included. In Shanghai, you can order drugs with the words "medical insurance payment" through Meituan takeaway or hungry app. The page shows that you can pay from your personal electronic medical insurance card account. At present, only some pharmacies with the words "medical insurance payment" can use medical insurance. After the reporter’s experience, it was found that the price of the same drug will be different in pharmacies with the words "medical insurance payment" and pharmacies without the words. Generally speaking, those who can be paid by medical insurance are less at their own expense.

(7) Robot-Beijing Humanoid Robot Innovation Center Co., Ltd. was formally established in the Robot Innovation Industrial Park of Economic Development Zone (☆)

According to a report by Cailian on November 9, in the news, Beijing Humanoid Robot Innovation Center Co., Ltd. was formally established in the Robot Innovation Industrial Park in Economic Development Zone recently, and it is planned to carry out five key tasks, such as the prototype of universal humanoid robot and the universal large model of humanoid robot. This is the first provincial humanoid robot innovation center in China. Beijing Xiaomi Robot Technology Co., Ltd., Beijing Youbixuan Intelligent Robot Co., Ltd. and Beijing Jingcheng Electromechanical Industry Investment Co., Ltd. jointly hold shares.

(8) Capital market policy-The CSRC comprehensively revised the Regulations on On-site Inspection of Initial Public Offerings, and strengthened the "responsibility upon declaration" (☆)

On November 10th, the CSRC publicly solicited opinions on the Provisions on On-site Inspection of Initial Enterprises (Revised Draft for Comment). The CSRC has comprehensively revised the Inspection Regulations, mainly involving the following aspects: First, it has strengthened the "declaration means responsibility". Enforce stricter institutional constraints on the withdrawal of applications after inspection, repeated similar problems during inspection, and refusal to hinder inspection; The second is to standardize the inspection operation. Further clarify the specific procedures and requirements for overall planning before inspection, promotion during inspection and post-inspection treatment, unify inspection standards, and improve inspection standardization; The third is to adjust some expressions applicable to the approval system in the Inspection Regulations.

(9) Capital market policy-Shanghai and Shenzhen Stock Exchanges revised the refinancing guide to prevent the concept of "lofty" confusion from being suspected of violating the rules (☆☆)

On November 8 and 10, the Shanghai and Shenzhen Stock Exchanges revised a series of guidelines on trading business and self-regulation in view of the refinancing problem. Among them, shareholders who hold more than 5% of shares in a listed company, but whose shares are less than 5% due to refinancing and lending, are still bound by the corresponding rules according to the shareholding ratio after merger calculation, that is, they are not allowed to reduce their holdings in violation of regulations, not to conduct short-term transactions, and not to conduct margin financing and securities lending transactions with the shares of the listed company as the underlying securities. At the same time, in the periodic reports of listed companies, including shareholders holding more than 5%, as well as the top ten shareholders and top ten tradable shareholders, the number and proportion of shares lent through refinancing at the beginning and end of the report should be stated. This will further improve the transparency of information disclosure on the lending situation of major shareholders’ refinancing stocks.

(10) Intelligent driving-Shanghai: Pilot operation of self-driving buses at specific time and road sections in the central city (☆☆)

According to a report by Cailian on November 7, Shanghai has formed a rich scene of self-driving test roads, with a total of 926 roads and 1,800 kilometers opened, ranking first in the country in mileage. This year, it will further expand the road scene of automatic driving test in Pudong New Area, and provide a wider range and more scene test environments in Jinqiao and Pudong Airport. Continue to deepen the layout of intelligent networked vehicle test scenarios, explore the sustainable, reproducible and scalable commercialization path of autonomous driving, and accelerate the demonstration operation of intelligent networked vehicles on a large scale. Pilot operation of self-driving buses at specific time periods and road sections in the central city.

(11) Automobile-China Automobile Association: In October, the automobile sales volume was 2.853 million, up by 13.8% year-on-year (☆).

According to the report of Cailian on November 10th, the data of China Automobile Association showed that in October, the production and sales of automobiles were 2.891 million and 2.853 million respectively, with the output increasing by 1.5% from the previous month, while the sales volume decreased by 0.2% from the previous month, increasing by 11.2% and 13.8% respectively. Automobile production and sales hit a new high in the same period of the month after September. From January to October, the production and sales of automobiles were 24.016 million and 23.967 million respectively, up 8% and 9.1% year-on-year, respectively. The growth rate of production was 0.7 percentage points higher than that of January-September, and the growth rate of sales was 0.9 percentage points higher than that of January-September.

2. Foreign industrial policies and news

(1) Federal Reserve dynamics-Federal Reserve Chairman Powell: If appropriate, the Federal Reserve will not hesitate to raise interest rates (☆☆☆).

According to a report by Cailian on November 10th, Federal Reserve Chairman Powell said that the Federal Reserve would "continue to be cautious"; If appropriate, the Fed will not hesitate to raise interest rates; Pay attention to the risk that strong growth may undermine the process of slowing inflation, which may require monetary policy to respond; Inflation has dropped, but it is still far above the 2% target; Satisfied with the progress of inflation, but "there is still a long way to go"; The labor market is still tense, but it is moving towards a better balance; We expect GDP growth to slow down in the next few quarters, but it remains to be seen; Greater progress in inflation in the future may come from tight monetary policy, not just the improvement of supply side; The Federal Reserve will start the next framework review in the second half of 2024.

(2) Semiconductor chips-Both NVIDIA and Intel plan to launch improved AI chip NVIDIA products in China market or mass production at the end of the year (☆☆☆).

According to a report by Cailian on November 9th, it is reported that NVIDIA will launch three AI chips for the China market in response to the latest chip sales restriction in the United States. The document shows the detailed specifications of the products to be launched in NVIDIA, namely HGX H20, L20 PCle and L2 PCle, which are based on Hopper and Ada architecture in NVIDIA respectively. The sample delivery time is from November to December this year, and the mass production time is from December this year to January next year. A number of NVIDIA industrial chain companies confirmed the above news to reporters, and one of them told reporters that the three AI chip products are suitable for cloud training, cloud reasoning and edge reasoning respectively. However, the specific launch time has not been confirmed.

(3) VR/AR/MR-Meta and Tencent have reached a preliminary agreement to sell VR headsets in China (☆☆☆).

According to a report by Cailian on November 10th, Meta Platforms and Tencent have reached a preliminary agreement to sell a new VR headset with lower price in China. Tencent will start selling this VR headset from the end of 2024. It is a preliminary agreement at present, and the details may change. Meta will hold a higher proportion of equipment sales, and Tencent will occupy a larger share of content and service revenue, such as software subscription and game sales.

(4) Artificial Intelligence-OpenAI held the first developer conference to launch a user-defined version of ChatGPT(☆☆☆).

According to a report by Cailian on November 7, OpenAI now allows users to build a customized version of ChatGPT to complete specific personal and professional tasks, in order to beat competitors in the increasingly crowded market. OpenAI plans to launch a store where users can find GPT customized by other users and earn revenue through their own GPT. OpenAI said at the first developer conference that it will launch a preview version of the latest GPT-4 Turbo, which is a more powerful and faster version supporting the big language model.

(5) Crude oil-EIA: It is estimated that Brent price will be 83.99 USD/barrel in 2023 and WTI crude oil price will be 79.41 USD/barrel (☆).

According to a report by Cailian on November 8, EIA’s short-term energy outlook report shows that Brent price is expected to be 83.99 USD/barrel in 2023, compared with 84.09 USD/barrel previously expected. It is estimated that the Brent price will be 93.24 USD/barrel in 2024, compared with 94.91 USD/barrel previously. WTI crude oil price is estimated to be 79.41 USD/barrel in 2023, compared with 79.59 USD/barrel previously expected. WTI crude oil price is estimated to be 89.24 USD/barrel in 2024, compared with 90.91 USD/barrel previously.

(6) VR/AR/MR-Apple’s second generation Vision Pro head exposure: the internal code name Project Alaska will be released at the end of 2025 at the earliest (☆☆).

According to the science and technology innovation board Journal reported on November 11th, according to the technology media MacRumors, the internal code of the second-generation Vision Pro headset of Apple is Project Alaska, which retains the appearance features and button position of the previous generation, but the position of the speaker and the design of the fixing strap will be adjusted. The second generation Vision Pro is scheduled to enter the product verification and testing stage in 2025, and the expected release date is the end of 2025 or the beginning of 2026.

(7) Semiconductor Chip/mask aligner-ASML, a mask aligner giant in the Netherlands: By the end of 2023, the installed capacity of ASML plus measuring machines in mask aligner, China will be close to 1,400 (☆☆).

According to a report by Cailian on November 6th, Shen Bo, global senior vice president of Dutch mask aligner giant ASML and president of China, said that from 1988, the first machine was shipped to China, and by the end of 2023, the installed capacity of ASML in mask aligner, China, was close to 1,400. "In fact, our growth in China over the years is still very impressive. We have been constantly investing in this matter. " Recently, the United States announced the latest chip export control measures. Shen Bo said that the new measures are somewhat complicated and ASML is still studying its specific impact. "If we understand it at present, it will bring restrictions on export control to a few customers. From the perspective of quantity, based on the business volume of ASML in China this year, it will probably have an impact of 10-15% on our business next year, so it is generally good.

(8) Medicine-Novo Nordisk will invest 6 billion US dollars to expand the production capacity of the Danish factory (☆☆).

According to a report by Cailian on November 10th, Novo Nordisk said that it will invest more than 42 billion Danish kroner (about 6 billion US dollars) to expand its production facilities in Denmark from 2023 to produce the product portfolio of serious and chronic diseases at present and in the future. The company added that these construction projects will be gradually completed from the end of 2025 to 2029. Novo Nordisk said that this investment will create more capacity in the company’s global value chain, including the production and packaging of APIs, most of which will be used to increase the capacity of APIs. The company said in a statement: "This investment will improve the company’s ability to meet future market demand, including GLP-1 products."

(9) Medicine —— Eli Lilly’s diabetes drug is approved by FDA for adult weight loss (☆).

According to a report by Cailian on November 9, the US Food and Drug Administration (FDA) announced on Wednesday that it has approved Zepbound injection from Lilly Company for long-term weight management of adults, which is suitable for obese adults (with a BMI of 30 or higher) or overweight adults (with a BMI of 27 or higher) and at least one weight-related condition (such as hypertension, type II diabetes or high cholesterol). Telpotide is an active ingredient in Zepbound, which has been approved under the trade name of Mounjaro to help improve the blood sugar level of adults with type 2 diabetes.

(10) Artificial Intelligence-OpenAI introduces data partnership (☆☆)

According to a report by Cailian on November 10th, OpenAI said that the company introduced OpenAI data partnership, and we will cooperate with organizations to produce public and private data sets for training artificial intelligence models.

[car home Changchun Preferential Promotion Channel] Recently, FAW-Volkswagen launched a large-scale preferential activity in Changchun, with the highest preferential amount reaching 27,000 yuan. At present, the lowest starting price of Magotan in Changchun has dropped to 147,900 yuan, which has attracted the attention of many consumers. If you are interested in this model, you may wish to click "Check the car price" in the quotation form to get a higher discount.

Magotan’s exterior design shows the combination of modernity and dynamism. The front face design adopts a family-style air intake grille with sharp headlights to create a strong visual impact. The body lines are smooth, and the shape of the whole vehicle is simple and atmospheric, revealing a stable and dynamic temperament.

The body size of Magotan is 4866*1832*1479 mm and the wheelbase is 2871 mm. This size design ensures spacious seating space and good handling performance in the car. The side lines of the car body are smooth and powerful. Combined with 17-inch rims and 215/55 R17 tires, it presents an elegant and dynamic style as a whole.

Magotan’s interior design is simple and atmospheric, using modern lines and exquisite materials to create a sense of technology and comfort. The steering wheel is made of leather, which is soft and easy to control. It also supports manual adjustment up and down and back and forth to meet the needs of different drivers. The center console is equipped with an 8-inch or 9.2-inch central control screen, which supports multimedia system, navigation and voice recognition control, providing drivers with rich entertainment and information functions. The car is also equipped with multiple USB and Type-C interfaces, which are convenient for passengers to charge and connect devices. The front seats also have wireless charging function of mobile phones, making driving more convenient. The seats are made of imitation leather, and the front and rear seats, backrest and height can be adjusted. The rear seats can be laid down in proportion, providing flexible seating and storage space.

Magotan is equipped with a 1.4T engine with a maximum power of 110kW and a maximum torque of 250 N m. With the 7-speed dry dual-clutch gearbox, it brings excellent power performance to drivers.

Car home car owners spoke highly of Magotan’s exterior design. He thought that Magotan’s exterior design was very atmospheric and steady. The streamlined body shape gave people a sense of high-class and business, and the detailed treatment also showed the texture of the products, especially the thick lines on the hood of the car and the sharp eyes of LED headlights, which added a sense of strength and technology to Magotan. The tail design is in the same strain as the front, full and heavy, and the gas field is good, which makes the whole body more harmonious and unified.