Uncover the mystery of Aauto Quicker online celebrity’s goods: the sellers have left one after another, and the real system is getting bigger and bigger

There are 217 e-commerce employees, 27 factories and 1,600 factory employees.

From production to packaging, the annual turnover is 300 million.

Is this the record of which Taobao store in JD.COM?

No, this is the e-commerce business data of Aauto Quicker anchor "Doll".

In fact, what surprised me was not the amount, but the signal released by this data-when no one noticed, the new power of e-commerce, Aauto Quicker’s "real e-commerce" was slowly taking shape.

Attacking live e-commerce

About four years ago, when the live broadcast industry just appeared, it was only a companion of the game industry, mainly used for live broadcast of game competitions, and everyone watched the gods. Later, slowly, all kinds of funny anchors began to appear, and the content types of live broadcast gradually expanded from games to many fields such as life and outdoor. Even so, in the eyes of many people, short videos and live broadcasts are still regarded as purely recreational tools.

However, with the explosive growth of video users in the past two years, a trend visible to the naked eye is that the e-commerce live broadcast that everyone thought was new three years ago has now become the standard of e-commerce, and more and more live e-commerce companies have begun to change the industry ecology.

Take Taobao live broadcast as an example. In 2018, Taobao live broadcast platform brought more than 100 billion yuan, a year-on-year growth rate of nearly 400%; 81 live broadcast rooms have grown over 100 million, and each live broadcast room is equal to a successful enterprise. Not to mention Li Jiaqi, brother Sanda, a super anchor whose popularity is well-known all over the network and even spread to offline.

The amazing development speed, coupled with the frightening ability to carry goods, even made many stars can’t help but leave the stage to participate. Ada, S, Ou Di, Wong Cho Lam and other stars have entered the live broadcast room from the screen.

Behind the collective efforts of the anchors is the full promotion of the platforms-

After-618, Taobao said that it would drive 500 billion transactions in the next three years.

-On July 25th, JD.COM announced that it would invest at least 1 billion yuan to promote the Red Man Incubation Plan, and select no more than 5 Red Men to be the "Jingpin Recommenders" of JD.COM Platform.

-On July 31, Mushroom Street released the "2019 Mushroom Street Live Broadcasting Double Hundred Programs", and plans to incubate 100 high-quality anchors with sales exceeding 10 million in 2019.

-Even WeChat, which has always been famous for its Buddhism, began to test the live broadcast of WeChat.

However, when all platforms were fiercely fighting around live e-commerce, I found that there was a platform, but it kept an unusually low profile.

That is, Aauto Quicker.

"silent player"

A surprising fact is that Aauto Quicker is the "hidden" number one in several fields, and it has a very high moat.

For example, when many people mention live broadcast, their first reaction is fighting fish and tiger teeth. However, from the data level alone, as of June 2019, the daily life of fighting fish was 15 million, and the daily life of tiger teeth was 11 million. The daily activity of the mobile terminal of Aauto Quicker game live broadcast is 35 million, which is higher than the sum of fighting fish and tiger teeth;

Didn’t you think of it?

Another example is sinking ability. The so-called sinking of a general company is just to send a few employees to establish a node. Aauto Quicker, by contrast, obviously sank deeper. In many third-and fourth-tier areas, Aauto Quicker can actually be equated with the open circle of friends of local people. Previously, when Aauto Quicker cooperated with Mudanjiang City in Northeast China, it was disclosed that the local registered users reached 1.42 million and the daily life was 330,000. At first glance, this figure is insignificant, but we should know that the permanent population of Mudanjiang City is only 2.5 million-almost half of the population in a city uses Aauto Quicker. I can’t find a suitable adjective for this permeability in the commercial field. Later, I felt that they should be called "rural base areas" type sinking.

Aauto Quicker’s live e-commerce business is also progressing rapidly.

A month ago, Aauto Quicker revealed that the monthly income of e-commerce authors with 10w+ fans on the platform has reached 50,000/month, the monthly growth rate of e-commerce authors on the platform has exceeded 10%, and the e-commerce content covers more than 100 million consumers.

Behind the strong data is the different business logic of Aauto Quicker e-commerce and other platforms. Live broadcasts with goods on other platforms often like to stay in the house and give you the most exquisite me.

E-commerce in Aauto Quicker pays more attention to life and gives you the truest me.

For example, the e-commerce tour of Junge Basketball.

The first Aauto Quicker video of Huang Yujun and Aauto Quicker, commonly known as Brother Jun, was shot in a park near his home, when he was a junior at Jimei University. Unlike many well-known basketball anchors, Jun Ge’s physical condition is not good. He is only 1.72 meters tall, and he didn’t really start practicing basketball until college. Together, these conditions can almost judge that he can only be an ordinary person who likes basketball. But he just loves basketball, always looking for basketball videos on the Internet, constantly improving himself by practicing, and posting videos of himself practicing basketball on Aauto Quicker.

More and more fans have become his fans because of watching his playing videos. They think that Jun Ge’s playing is not only "coquettish", but also particularly practical. The most classic thing is that Jun Ge plays small and big goals like textbooks when he plays against tall people.

Because of his love for basketball, after graduation, he was thinking about how to continue to work in basketball. After thinking about it, he thought of hundreds of thousands of fans in his hands, and maybe some people would like his customized basketball.

At the end of 2016, he customized 20 boxes of basketball designed by himself with his internship salary, and gave 40 of the 240 basketballs directly to fans in Aauto Quicker in return for their support all the way. After that, I started the road of selling basketball slowly.

At first, he asked fans to add WeChat to buy balls. Later, when he was too busy, he asked his parents to help him pack and mail them. After half a year, the reputation of basketball in Huang Yujun opened, and more manufacturers found cooperation. Huang Yujun also ended his internship and started to run a Taobao shop with all his strength. At this time, almost all the sales of the store came from Aauto Quicker.

After that, while learning all kinds of basketball knowledge and running Taobao shop, he continued to export basketball content on Aauto Quicker. By the second half of 2018, he had more than a dozen employees and a stable supply chain, and personally designed several explosive basketballs such as elf ball and gossip ball. Realized millions of sales.

Another example is Jiang Bin, the "Shan Ye Zhufu" in Shangrao, Jiangxi.

He is the only young man in the village. What he has been sharing on Aauto Quicker is his wild life in his hometown bamboo forest. In 2017, he began to sell dried bamboo shoots with bamboo wine from his hometown in Aauto Quicker. As a result, the sales volume greatly exceeded his imagination. Soon, all the specialties of his family were sold out, so he began to purchase mountain products, an empty nester in the village, to other villages and then to the market in the town.

At first, he rode a bicycle to collect mountain products. Later, he changed it into a motorcycle. Now, it has to be replaced by a tricycle. Up to now, Jiang Bin has helped more than 300 villagers in their hometown to sell mountain products.

Whether it’s Junge Basketball or Shan Ye Takeo, we can find that they don’t have a professional background, and their fans are not big, with 2.2 million Junge and 2.4 million Jiang Bin. Such a volume is unimaginable for other platforms to realize profits, let alone support company-level commercialization.

But in Aauto Quicker, it achieved success to some extent.

More typical is the roller selling fruit. Run.

He didn’t even want to sell fruit before. He himself is in the ceramic business and has nothing to do with fruit.

However, when he went to a friend’s kiwifruit orchard, he casually sent a video of kiwifruit, which became popular. Many friends sent him private messages. Do you sell this kiwifruit?

The merchant’s nature, he casually quoted a high price: 20 yuan a catty. As a result, the other party immediately placed an order of 200. On the second day and the third day, a large number of orders appeared one after another, and he immediately felt that this was better than "selling building materials to make money."

He immediately began to purchase goods from friends, and then delivered them by SF, and the business of selling fruits began. Kiwifruit is sold more, and the word of mouth is getting better and better, so someone comes to ask them if they still sell durian.

At this time, he didn’t even know what durian was. I still have to go online to search, but the customer said that Malaysia and Thailand have it, so he resolutely booked air tickets, applied for visas and passports, and went to Thailand to find a durian supplier.

There’s no goods. Who else wants to place an order? This phenomenon is hard for traditional e-commerce to imagine, but for Aauto Quicker, users often trust you as a real person, so they are willing to push you to improve the supply chain to meet their needs.

High-end people are stereotyped, and interesting souls have private domain traffic.

One obvious reason may be that the anchor in Aauto Quicker is not the same as the anchor in other platforms.

In the past two years, the concept of KOL has been very popular. This word means super influence and key communication nodes, so it has a strong ability to carry goods. Weibo online celebrity, Zhihu V, Live God and Taobao anchor are all products derived from this concept in essence.

Its core is to use their own professional advice to stimulate user consumption. So you will see a lot of big V’s talking about product data and parameters, behind which they are using their professional knowledge to endorse products. This is also the key to Li Jiaqi’s success. Because he is a cosmetics teller himself, he has far more understanding of cosmetics such as lipstick than ordinary people, and has been facing users for many years, and he knows very well how to sell products to users.

(Li Jiaqi, whose home is full of lipstick)

However, with the popularity of live broadcast in online celebrity and its considerable income, there are many false experts on the Internet, such as the fake certification of Nankai University master’s degree in Zhihu some time ago. Only then did everyone find that it is less difficult than expected to forge a degree certificate to cheat the platform certification.

In this day and age, identities and all kinds of people are very easy to forge. Even if it is exposed, you can quickly rebuild an account and continue. This has led to a phenomenon that bad money has eliminated good money in many communities.

You have worked hard to study communication major, and worked hard in a big company for many years. Finally, you have a unique understanding of hardware products such as mobile phones. As a result, in a blink of an eye, you find a large group of amateurs who can build a large number of people in the industry with forged doctoral certificates. It is also possible to fool countless small white users by boasting that they earn millions of dollars a month and 100,000 yuan a year.

Many professional digital bloggers have talked to me about this phenomenon more than once.

The essential problem is that in life, most people often don’t make judgments based on the content of their speeches, but on who said them.

The core of KOL is professional advice, but most users can’t distinguish professional advice. In fact, everyone has always judged it according to the professional label on KOL. And labels can be forged. This is the core reason why the KOL industry is in trouble now. What everyone is loyal to is actually a label with a very low threshold. Once it is broken, a large group of experts will appear in the market in an instant.

This means that the competitiveness of your goods will be very low. After all, anyone can pull out a group of industry experts who don’t know whether it is true or not to endorse the goods. How can the conversion rate go up?

Therefore, why many people are emphasizing private domain traffic now is that only by establishing private domain traffic can we avoid falling into competition with false people to set up a party.

By the way, this is also the reason why many platform anchors don’t make money, but the people who open anchor training classes earn a lot of money. It is because the anchors of these platforms do have a fixed routine that can quickly establish an account and set up a salary.

In contrast, KOL, the anchor of Aauto Quicker, is different. Whether it’s Junge Basketball or Shan Ye Takeo, they don’t actually rely on very strong professional labels to establish personnel. Even according to the situation that Junge University came into contact with basketball, this is a complete amateur basketball, and it is impossible to say anything in Zhihu.

But in Aauto Quicker, relying on authenticity and real content, they still got their own fans.

Manual Geng is the most typical case of this spirit.

According to the gameplay of other platforms, manual Geng should certify some high-end personnel with "Electrification Master" and "Ten-year Mechanical Expert", but in Aauto Quicker, these are not needed. He has long insisted on making some useless inventions to bring happiness to everyone. This extremely unique tonality ultimately brings extremely unique loyalty.

The loyalty of this kind of user is neither loyalty to the identity aura on the tall, nor loyalty to professionalism, but recognition of its values and this person.

In a sense, this is the real private domain traffic, or it is closer to the real concept of "brand". The so-called brand itself is unreserved loyalty that can be regardless of cost performance and logic.

Then, someone has to ask again, why do other platforms like to set people up, while Aauto Quicker likes the real system?

Here, we have to talk about the values of a company. Aauto Quicker’s live broadcast style is caused by the algorithm of the platform and the values behind it.

Many platforms will certify professional authors, add blue V, yellow V, weight and recommendation.

But in Aauto Quicker, everyone’s accounts are treated equally, and all accounts have access to traffic. Therefore, the small anchors on the fast hand have more long tail traffic than other platforms, and there is no need to set up people.

This is more obvious in the arrangement of attention buttons.

In Aauto Quicker’s interface menu, attention comes first, followed by discovery and the same city.

This order is not the same as many platforms, even many platforms hide the user’s attention page and push the recommendation page of the platform.

Compared with a bunch of blue V and yellow V that the platform gives you, users will undoubtedly have higher loyalty to the authors they care about. The interactive data such as quick comments and likes are very high, and the phenomenon that the overall sense of community is extremely strong also stems from this. The benefits brought by private domain traffic are not only the author’s, but its more active features also contribute to the platform itself.

(According to the current data of Aauto Quicker, 91% of Aauto Quicker users have some interactive behaviors such as likes and comments when watching short videos; 47% of Aauto Quicker users will directly ask other consumers’ information in the comments after they are interested in the products introduced by short videos; 60% users in Aauto Quicker will decide whether to buy or not because of the discussion under the short video of the product. )

The platform doesn’t push people to set numbers, and users also like the real authors of grounding gas. The benefits of setting people up are low, so naturally there are not so many people who forge false people.

The most exquisite you VS the most authentic you.

This is also the most essential difference between Aauto Quicker e-commerce and other e-commerce. The real account brings strong social interaction. Therefore, although everyone is called a live e-commerce, selling goods quickly is not just a commercial act.

Taobao JD.COM Xiaohongshu and other platforms are looking for people because of the goods. Seeing your content has triggered the demand for goods, and then buying from the channels on the platform. The so-called planting grass is the most practical description of this scene.

And Aauto Quicker bought your goods because of the logic of people looking for goods, because he trusted this person.

The former is Jianzong. At the beginning, people set up a good aura and endorsed goods with exquisite life and professional data, and the conversion rate will be high. However, more and more goods and more advertisements will inevitably dilute professionalism, and all kinds of competing products will be reproducible, so the conversion rate will slowly fall behind.

The latter is an air Sect. At first, he was a silly country boy, but what he sold was truth and himself. Others wanted to copy it, and there was no way to start. Step by step, loyal users would get bigger and stronger, eventually forming a unique brand effect.

This is why many people don’t understand Aauto Quicker. They will think that this military elder brother is neither a member of the national team nor a streetball master. Why do so many fans buy it? In essence, the fast-paced users don’t like the cool streetball master, but the more civilian military brother who has grown up step by step. Trust has also emerged.

The word "Lao Tie" is the truest portrayal of this feeling.

Before the deadline, the person in charge of e-commerce in Aauto Quicker said that the scale of e-commerce anchors has exceeded 1 million, and the average daily PV of consumers covered by content has exceeded 100 million. In the past year, Aauto Quicker has brought more than 20 billion benefits to creators, covering live broadcast, e-commerce, advertising, knowledge payment and other forms. More than 16 million users have benefited from Aauto Quicker.

While many people are still looking at anchor Aauto Quicker with strange eyes, their commercialization has been fully launched when everyone is not paying attention.

Xiaomi on the tuyere, why is it heavy in Nanjing?

Wuxiangjun Nanjing released

Xiaomi on the tuyere, why is it heavy in Nanjing?

□ Non-phase business trends

01

What is the biggest advantage of Xiaomi Automobile?

Lei Jun said that intelligence and ecology are the core advantages of Xiaomi. Xiaomi SU7 can be interconnected with Xiaomi’s mobile phones, tablets, computers and household appliances. "People, cars and homes are all ecological", which connects all intelligent terminals together as never before. With the listing of Xiaomi Automobile, a group of automobile ecological supply chains with Kechuang as the core has gradually taken shape.

Recently, the first phase of the East China Headquarters Project of Xiaomi Group was completed, and it is estimated that 5,000 people will be stationed in the office after its opening in April. Xiaomi Group’s East China headquarters is located in Jianye, Nanjing, just across the street from Alibaba’s Jiangsu headquarters. It will become the largest R&D center in China except Xiaomi’s Beijing headquarters. It is committed to the breakthrough of new technologies and new formats, the development of intelligent hardware and the Internet of Things, and the creation of Xiaomi’s ecological chain by integrating upstream and downstream industries and enterprises. In addition, Xiaomi has also opened a large-scale "Xiaomi Automobile Delivery Center" in the southern new city of Nanjing.

It is worth mentioning that in order to "move" talents from Beijing to Nanjing, Xiaomi’s salary is basically unchanged. It will also provide talented apartments, and employees will immediately receive high benefits such as housing purchase qualifications. Many Xiaomi technicians are eager for such generous treatment of "migratory birds". After all, compared with Beijing, Nanjing’s housing prices, prices, transportation, education and ecological environment are more livable. With the advantages of cultural tourism resources, the topic of "Come to Nanjing" in Weibo has been screened many times, and many tourists come to punch in because of Nanjing’s convenient transportation and countless beautiful scenery.

A friend of Xiaomi said that in Nanjing, the cost of buying a home is only 6 million, while Beijing needs 30 million.

East China headquarters of Xiaomi Group. Source: Sunshine City Forum

02

Of course, Xiaomi’s settlement in Nanjing is not all about "welfare" for employees, but more importantly, it is to expand the progress of research and development and promote the improvement of Xiaomi’s ecological chain.

Looking at East China, Nanjing is undoubtedly the best choice.

Because all cities where Internet companies are developing rapidly are inseparable from the core factor-the support of talents. One of the most important reasons for Xiaomi to put the country’s largest headquarters in Beijing is the support of many universities. It is also based on this perspective that the largest R&D center outside Beijing is located in Nanjing.

What many people don’t know is that many international and domestic manufacturers have their R&D headquarters in Nanjing. As a highland of science and education, as of June 2023, Nanjing has 51 universities, including Nanda University, Dongda University, Nanyou University, China Southern Airlines, South Institute of Technology and Hehai University. This point, in the whole East China region, is second to none. Moreover, compared with Shanghai and Beijing, the R&D cost is relatively low and the cost performance ratio is full.

Lei Jun, as an invisible boss in China’s investment circle, is well versed in the strategic layout. As a technological innovation enterprise, Xiaomi’s core competitiveness is actually talents. Where do these talents come from? Naturally, it comes from top universities.

Both NTU and NTU boarded the hot search because of the "Alumni IPO". According to incomplete statistics, since 2020, the Department of Photochemistry of Nanjing University has harvested six listed companies with a total market value of over 150 billion yuan, including Aidi Pharmaceutical, Legend Bio, Trina Solar, Heyu Medicine, Huahai Chengke and Tengya Seiko. At the other end of the Southeast University, Kelly Y Zhou, founder of Zhihu, Yu Dunde, CEO of Tuniu.com, Mao Daqing, founder of Youke Workshop, Qiu Yujing, a chip unicorn, and others also came out of Southeast University.

Boston in the United States has always been known as "Athens in the United States" and "the cradle of American industrial revolution". Because there are more than 250 thousand college students here, and there are famous schools such as Harvard, MIT, Tufts University, Boston University and Northeastern University. At the same time, Boston has a high proportion of people with college education or above, which is consistent with Nanjing.

Nanjing is to the Yangtze River Delta what Boston is to the New York metropolitan area.

03

Because of the gathering of talents, Nanjing has not only attracted a large number of scientific research factories, but also enjoyed a long-standing reputation in the manufacturing industry driven by these scientific research forces.

For example, Inventec, the main foundry of Xiaomi mobile phone, is located in Nanjing. Xiaomi just entered the mobile phone market in 2010, and many big manufacturers are unwilling to help OEM. In the end, Xiaomi found Inventec, and Inventec tailored a cost-effective design and supply chain for Xiaomi. Five years later, Xiaomi mobile phone won the first place in the country with an annual sales record of 70 million units. Lei Jun has feelings for the city of Nanjing.

In addition, according to Wind’s statistics, there are currently 50 listed companies that have entered the "Xiaomi Automobile Concept". In terms of cities, Jiangsu Province ranks first, with 15 Xiaomi automobile suppliers located in Jiangsu, accounting for 30%. Xiaomi automobile relies on ecology, and the integration of ecology often needs the support of software technology. Nanjing, as a "famous software city in China" and a national advanced manufacturing cluster (software and information services), has sustained and strong industrial development, and has gathered many game, scientific research and commercial software enterprises. This kind of atmosphere is an important pillar of an Internet company, and it is handy to put software research and development in Nanjing.

Of course, there is also a very pragmatic component. The cost of employing IT workers in Nanjing is lower than that in Shanghai and Hangzhou in East China, and the land price is relatively cheap. The government also provides support, which is very cost-effective for enterprises to start their own businesses. According to Xiaomi’s financial report, Xiaomi’s R&D personnel account for 52%, and more than half of its employees are engaged in R&D, and it is estimated that the investment in R&D will exceed 100 billion in the next five years.

The development of science and technology enterprises mainly depends on two factors, talents and capital. Putting the R&D headquarters in Nanjing not only has the source of living water, but also saves costs. Why not?

Nanjing has both talent gathering effect and industrial manufacturing support. Compared with other non-first-tier cities, Nanjing has great advantages in intellectual research and development, and it is not an exaggeration to call it "the city of scientific research". As a science and technology highland in China, Xiaomi is in a heavy position in Nanjing, just to take advantage of its intelligence and supply chain to quickly push the development of Xiaomi’s ecology to the fast lane.

This is the second half of Xiaomi Automobile, and it is also a leap from "manufacturing" to "intellectual creation" of Xiaomi Automobile.

Original title: "Xiaomi on the tuyere, why is it heavy in Nanjing? 》

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The fifth national AMC was approved to open! Or focus on the bad disposal of the capital market

[Dahe Daily Dahe Finance Cube] (Reporter Pei Rongrong Ding Qianwentu)After 21 years, the fifth national AMC was approved to open.
On the evening of December 17th, official website, a Chinese China Banking and Insurance Regulatory Commission, announced that it agreed to the official opening of china galaxy Asset Management Co., Ltd. (hereinafter referred to as Galaxy Assets). This means that following the establishment of the four AMCs in 1999, China ushered in the fifth national financial asset management company, and the industry formed a development pattern of "5+N+ Banking Department+Foreign Investment Department".
However, although "shocking four", the news of the establishment of the fifth national AMC has long been a clue. Coincidentally, the market has many quite consistent speculations about this "new entrant".
"Relying on the shareholder background different from the four national AMCs, the business positioning of Galaxy Assets should be different, focusing on the bad disposal of the capital market, such as promoting the handling of default bonds, mergers and acquisitions of listed companies, and financial institution custody. In the current context, it is conducive to boosting market confidence. " A person in the management industry said.
Personnel recruitment adopts ultra-high standards.
According to the announcement of China Banking and Insurance Regulatory Commission, the registered capital of Galaxy Assets is 10 billion yuan. Among them, china galaxy Financial Holding Co., Ltd. invested 6.5 billion yuan, with a shareholding ratio of 65%; Central Huijin Investment Co., Ltd. invested 1.33 billion yuan, with a shareholding ratio of 13.3%; Nanjing Zijin Investment Group Co., Ltd. invested 1 billion yuan, with a shareholding ratio of 10%; Beijing Financial Street Capital Operation Center invested 600 million yuan, with a shareholding ratio of 6%; CITIC Securities Co., Ltd. invested 570 million yuan, with a shareholding ratio of 5.7%.
The business scope mainly includes ten aspects: (1) purchasing, entrusted to operate non-performing assets of financial institutions, managing, investing and disposing of non-performing assets; (2) Converting creditor’s rights into equity, and investing, managing and disposing equity assets; (3) Investment in fixed-income securities; (four) the issuance of financial bonds, interbank lending and commercial financing from other financial institutions; (5) Bankruptcy management; (six) financial, investment, legal and risk management consulting and consultancy; (seven) assets and project evaluation; (eight) approved asset securitization business, financial institution custody and liquidation business; (9) Non-performing assets business of non-financial institutions; (10) Other businesses approved by the State Council Banking Regulatory Authority.
Li Mei, secretary and chairman of china galaxy Jinkong Party Committee, is the chairman, and Liu Zhihong, deputy secretary, director and general manager of china galaxy Jinkong Co., Ltd. is the vice chairman.
In fact, as early as March 2018, there was news that the State Council approved the plan to establish the fifth national AMC, but it has not been officially certified; Until December 31, 2019, Li Mei said in her 2020 New Year message that in 2019, the company successfully obtained capital increase from shareholders, and the transformation of China Construction Investment CITIC into the fifth financial asset management company in China was smoothly promoted; In March this year, China Banking and Insurance Regulatory Commission official website officially approved the transformation of CCB CITIC into a financial asset management company and renamed it Galaxy Assets, requiring it to complete the transformation within 6 months from the date of approval. Sky Eye Survey shows that on June 1 this year, the name change was officially completed, and it was changed from CCB CITIC to Galaxy Assets.
According to sources in the asset management industry, the recruitment of Galaxy Assets has quietly started since last year, and the requirements for the comprehensive ability of candidates are very high, exceeding market expectations.
Or it will focus on the bad disposal of the capital market.
Although there is no big difference between Galaxy Assets and the other four national AMCs in terms of business scope, many insiders have given quite consistent guesses: Galaxy Assets will focus on the disposal of bad capital markets, which is different from the other four AMCs in focusing on the disposal of financial assets.
This speculation is not without roots.
The predecessor of Galaxy Assets, CCB CITIC, was jointly established by CITIC Securities and China CCB Investment in 2005. Its purpose is to undertake the non-securities assets of Huaxia Securities and operate according to the standards of asset management companies. At that time, the registered capital was 1.9 billion yuan. Among them, CITIC Securities invested 570 million yuan, holding 30% of the shares; China CCB invested 1.33 billion yuan, holding 70% of the shares.
The other four national AMCs were specific products of the market economy in the last century. At that time, when the macroeconomic environment was overheated, commercial banks took on the task of national macro-control, lending on a large scale, and shouldered serious asset quality burdens. Especially after the Asian financial crisis broke out in 1997, the situation was even more severe.
In this context, China has set up four NPL management companies, namely China Huarong, China Great Wall, China Oriental and China Cinda, to take over NPL loans from four state-owned commercial banks, namely, industry of industry, agriculture, China and China Construction, and China’s NPL management industry was born.
From a completely different background, Galaxy Assets was born from the transferee of securities firm assets, which naturally has the advantages of asset operation and disposal in the securities market. At the same time, among the existing shareholders of Galaxy Assets, there is CITIC Securities, a China head broker. None of the other four state-owned AMCs has a brokerage background.
In addition, the asset management personnel revealed to Dahe Daily and Dahe Finance Cube that the regional structure of Galaxy Assets will also be different from the other four, or they will set up branches in the district to conduct business instead of one in each province.
There is a large room for bad disposal in the securities market.
As a new entrant, will Galaxy Assets stir up a pool of spring water?
"Due to the different business positioning, Galaxy Assets will not have much impact on the existing market. Moreover, the establishment of the current bad scale of the capital market can boost market confidence. " The above-mentioned insiders told Dahebao Dahe Finance Cube reporter.
According to its introduction, after the continuous development of national AMCs and the continuous expansion of local AMCs in previous years, the current market for the disposal of financial non-performing assets has stabilized, which can be seen from the fact that the number of local AMCs has decreased year by year from 2018 to even zero this year. However, with the accelerated transformation of old and new kinetic energy, the high-quality development of the economy and the stricter supervision of the capital market, the effect of good money expelling bad money has gradually emerged, and the bad things in the securities field have started to break out and continue to increase. Bond defaults have occurred frequently, trust and other assets have deteriorated, and many enterprises have fallen into a liquidity crisis. The approval of the establishment of Galaxy assets with brokerage background is also due to the market.
According to China Banking and Insurance Regulatory Commission data, as of the end of the third quarter of this year, the balance of non-performing loans of commercial banks in China was 2.84 trillion yuan, an increase of 98.7 billion yuan over the end of last quarter; The non-performing loan ratio of commercial banks was 1.96%, a slight increase of 0.02 percentage points from the end of last quarter. According to Wind data, as of December 17, 2020, the stock of China’s bond market reached 113.87 trillion yuan, an increase of 16.79 trillion yuan from the beginning of the year. Among them, the stock of credit bonds reached 38.76 trillion yuan, an increase of 5.88 trillion yuan over the beginning of the year. Based on the non-performing rate of 0.8% in the bond market (the default rate of corporate credit bonds at the end of 2018), the scale of non-performing loans has also reached 0.91 trillion yuan.
Yang Jin, a senior researcher at the Institute of Financial Supervision, also said in an interview with the media that the new Securities Law has tightened the information disclosure and other related responsibilities of listed companies, strengthened the intensity of accountability and punishment for violations of laws and regulations, and guided listed companies to improve the quality of their companies. For existing listed companies, a large number of problem companies will need to be rectified, and a large number of assets will need to be revitalized, which will provide excellent opportunities for the non-performing asset industry. Through market-oriented debt-to-equity swaps, bankruptcy reorganization, rescue funds, merger and acquisition funds and other means, we will participate in the resolution of troubled assets of listed companies, revitalize high-quality assets, optimize market structure, and promote market changes.
Official website, Galaxy Assets, announced on December 18th that in the next step, Galaxy Assets will strictly follow the business scope approved by China Banking and Insurance Regulatory Commission, focus on the main business, adapt to the new development stage, implement the new development concept, integrate into the new development pattern, take the promotion of high-quality development as the theme, take deepening the supply-side structural reform as the main line, take making it stronger and better as the goal, focus on deepening the reform of system and mechanism, do a good job of "six stabilities" and resolutely implement "six stabilities".
Editor: Xin Huang | Audit: Li Zhen | Director: Wan Junwei
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Understanding the dual nature of capital and giving full play to its positive role.

Understanding the dual nature of capital and giving full play to its positive role.


□ Zhao Jufang, Shanxi Coal Transportation and Marketing Company


To develop the socialist market economy, we must deepen our understanding of the law of capital operation, not only deeply understand the profit-seeking and greed of capital, but also give full play to the positive role of capital in promoting social progress.

First, the dual characteristics of capital

Marx elaborated on the essence of capital. It is pointed out that capital has two characteristics: one is the profit-seeking and greed of capital, and the other is the enthusiasm and promotion of social progress.

When revealing the profit-seeking and greed of capital, Marx pointed out that capital is the value that brings surplus value. "Producing surplus value or making money is the absolute law of this mode of production." Capital will never give up the pursuit of surplus value, and its basic nature is profit-seeking. Marx had such an incisive exposition on capital, "once there is a proper profit, capital will be bold." If there is a 10% profit, it is guaranteed to be used everywhere; With a profit of 20%, it will become active; With a profit of 50%, it will take risks; For 100% profit, it dares to trample on all human laws; With a profit of 300%, it dares to commit any crime, even risking its head. " The profit-seeking and greedy nature of capital runs through the whole development history of capitalism. In the early days of primitive accumulation of capital and capitalist development, profit-seeking and greed depended on squeezing the surplus labor of workers, even at the expense of colonial plunder by means of war. "When capital came into this world, blood and dirty things flowed from every pore.". As far as today’s world is concerned, almost no developed country has prospered purely by the development of the so-called democratic system, but has completed the primitive accumulation of capital by early colonial plunder, and built the "maturity" of a few capitalist countries with the blood and sweat of others. What is capitalism? In short, regarding capital as doctrine and superstitious about the profit-seeking instinct of capital, the core is self-interest. The recent Wall Street financial crisis has fully revealed that the extreme capital will inevitably lead to a crisis with great destructive power.

While discussing the greed of capital, Marx also pointed out the positive side of capital in promoting social progress: the emergence of capital is a great historical progress relative to the hierarchical society, because it has a powerful driving force to promote social expansion and reproduction. The pursuit of profit by capital promotes the development of production, stimulates people’s enthusiasm for obtaining benefits and stimulates people’s consumption; The free flow of capital has changed personal attachment, increased social vitality and developed productive forces. "The productive forces created by the bourgeoisie in its less than 100-year class rule are more than all the productive forces created by all generations in the past.". To develop market economy, we should make full use of the positive side of capital in promoting social progress, which is also proved by the great achievements of China’s socialist market economy.

Second, correctly understand and grasp the dual nature of capital and promote the healthy development of economy and society.

To develop the socialist market economy, we can neither engage in capital superstition nor fall into capital fear; It is necessary to recognize and respect the value of capital, make full use of the function of capital that is conducive to the development of productive forces, and give full play to the positive role of capital, and also deeply understand the profit-seeking and greed of capital. Don’t just follow capital, don’t be a vassal of capital, and prevent the disorder of capital.

In his speech at Cambridge University, Premier Wen Jiabao highlighted the importance of reflection on the global financial crisis. He pointed out that the once-in-a-century financial crisis left the world with heavy thoughts, and the current economic system and economic theory should be deeply reflected. For example, "an unregulated market economy is doomed to fail", "a real market-oriented reform will never put the market mechanism in opposition to the national macro-control", "the relationship between financial innovation and financial supervision, the relationship between virtual economy and real economy, and the relationship between savings and consumption must be handled well" and so on. Wen Jiabao emphasized that real economic theory will never conflict with the highest ethical standards. Economic theory should represent justice and honesty, and promote the well-being of all people equally, including the most vulnerable people.

The market does have high efficiency in optimizing the allocation of resources, but while optimizing the allocation of resources, it has its own insurmountable problems of "market defects" or "market failure", which objectively needs to be compensated or corrected by the "tangible hand" of the government. At the same time, the theory of modern market economy also tells us that when the "invisible hand" of the market can’t make the economic operation automatically reach the equilibrium state, the government must use the "tangible hand" to make it restore the equilibrium state as much as possible. In other words, the role of the market is limited, and the government plays an important role in the operation of the market economy. Macro-control of the economy by the government is also the inherent requirement of the market economy. The "invisible hand" of the market and the "visible hand" of the government are internally unified, complementary and mutually promoting, which together constitute the essential characteristics of the socialist market economy. From this point of view, in the process of building a socialist market economy, we can neither blindly worship the "market omnipotence theory" nor exclude the role of the government in the development of the market economy; We should not be overly superstitious about "government omnipotence" and belittle the role and efficiency of market mechanism in resource allocation. On the basis of fully respecting the market rules and giving full play to the market mechanism, China has retained the macro-control function of the government on the economy, thus organically combining the superiority of the market economy with the superiority of the socialist system, and finally finding a market economy development model in Socialism with Chinese characteristics that is superior to the capitalist market economy development model.

The successful practice of China’s economic development shows that the market economy is an effective way to allocate resources. Based on the market mechanism to allocate resources, the state uses necessary macro-control means, which is more conducive to promoting stable and healthy economic development and can effectively avoid economic ups and downs. For example, in the Asian financial crisis in 1997, China successfully applied macro-control measures to effectively resist the impact of the Asian financial crisis on China’s economy, thus maintaining the situation that China’s economy is "outstanding" in Asia and even the world. However, we must admit that under the condition of market economy, due to the profit-seeking and exclusive competition of market players, sometimes the micro-interests of the market will damage the macro-interests of the country and the public. For example, in recent years, some real estate developers and investors have conspired to drive up the house prices to seek excess profits, and many brands and batches of milk powder such as Sanlu milk powder have been found out, which shocked the Chinese people. In recent years, food safety and quality crises have appeared many times, which not only endangered public safety, caused injuries and deaths, but also disrupted social order, affected people’s lives and shaken public trust. In this case, the government should do a good job in macro-control and strengthen supervision to protect the fundamental interests of investors and the people and safeguard the healthy development of the socialist market economy.

To develop Socialism with Chinese characteristics’s market economy, we must fully understand and grasp the dual nature of capital, and organically combine the government’s macro-control of the market with the market’s micro-allocation of resources, that is, the organic combination of the "visible hand of the government" and the "invisible hand of the market". Only by fully realizing that both the market and the government have their own advantages and disadvantages in leading economic development, and dialectically "sublating", discarding the false and retaining the true, can the healthy development of the socialist market economy be promoted by absorbing the advantages of the market mechanism in improving the efficiency of resource allocation, and absorbing the advantages of the government in allocating public resources and saving market transaction costs and maintaining fair and orderly market development.

Why them? Taiwan independence diehards who were sanctioned at the beginning.

  On 16th, a spokesman for the Taiwan Affairs Office of the Central Committee of the Communist Party of China was authorized to announce sanctions against Xiao Meiqin, Gu Lixiong, Chi chang Tsai, Ke Jianming, Lin Feifan, Chen Jiaohua, Wang Dingyu and other "Taiwan independence" diehards on the list.

  These names are not unfamiliar to people who have long been concerned about cross-strait relations and Taiwan Province news. They belong to different political parties and have different roles, but they have always performed all kinds of "Taiwan independence" words and deeds for personal gain or political power, and have accumulated countless misdeeds in tearing apart the emotional and cultural ties between civil society on both sides of the strait.

  Here are some examples for your readers to see if the title of "Taiwan independence" diehards is "worthy of the name".

  Xiao Meiqin:

  The so-called "representative in the United States" of the Democratic Progressive Party authorities used to be the "director of the international department" and "legislator" of Democratic Progressive Party, and was regarded as one of the behind-the-scenes promoters of Pelosi’s visit to Taiwan Province, and secretly connected the international anti-China forces for the Democratic Progressive Party authorities.

  Xiao Meiqin worked for Democratic Progressive Party during Chen Shui-bian’s administration. After being appointed as the "representative in the United States" in June 2020, Xiao Meiqin tried her best to spread the fallacy of "Taiwan independence", clamoring for "joining the United Nations in the name of Taiwan Province", questioning and challenging the UN General Assembly resolution 2758, speculating on the so-called "Taiwan Province’s representation" and advocating participation in international organizations in the name of "Taiwan Province". In order to create "one China, one Taiwan" and carry out separatist activities, Xiao Meiqin changed the profile of social platform account from "Taipei Representative in the United States" to "Taiwan Province Ambassador in the United States".

  She spared no effort to hook up with American politicians, undermine the stability of the Taiwan Strait and act as an anti-China "chess piece", which can be said to be one of the initiators of the current tension. Evaluating this man is not only "loyal" to Democratic Progressive Party, but also humble to the United States and hypocritical to the people of Taiwan Province.

  The picture shows Xiao Meiqin, the so-called "representative in the United States" of the Democratic Progressive Party authorities. Image source: United News Network.

  Gu Lixiong:

  Secretary-General of the "Security Conference" of Democratic Progressive Party authorities, former "Queen’s Lawyer" of Chen Shui-bian, successively served as the first chairman of the "Non-partition legislator", "Improper Party Property Handling Committee" and "Financial Management Committee" of Taiwan legislature, and was regarded as an important thug for Democratic Progressive Party to eradicate dissidents on the island.

  The "Security Conference" is an important advisory body for the Democratic Progressive Party authorities to handle cross-strait relations and US policies. Secretary-General Gu Lixiong is directly responsible to Tsai Ing-Wen.

  In recent years, the Democratic Progressive Party authorities’ so-called policy direction of "resisting China’s defense against Taiwan" and "seeking independence by relying on the United States" mostly comes from this organ.

  In September, 2021, Gu Lixiong and Joseph Wu, who had long been listed as "Taiwan independence" diehards and head of foreign affairs department of Democratic Progressive Party authorities, visited the United States and plotted to change the name of "Taipei Economic and Cultural Representative Office" to "Taiwan Representative Office". This move was frustrated by the exposure of foreign media. Since Democratic Progressive Party came back to power in Taiwan, Gu Lixiong has served in a wide range of departments, and is regarded as a key promoter of Taiwan-US ties, especially military ties.

  Chi chang Tsai:

  Taiwan’s "legislator" and vice president of the "Legislative Yuan". He was the director-general of the "Flat Friends Association" in Taichung County, and supported Chen Shui-bian’s proposal of "constitution by referendum".

  Chi chang Tsai once expressed his support for the development of cross-strait economic and trade relations. In 2005, he also visited the mainland on the issue of Taiwanese businessmen. In 2012, he became the first person from Democratic Progressive Party to open an account in Weibo. At that time, he expressed his hope to hear the voice of the mainland people.

  In 2016, Chi chang Tsai was elected as the vice president of the "Legislative Yuan" of the Taiwan authorities, and since then he has repeatedly made provocative remarks on cross-strait issues. In February 2020, Chi chang Tsai and others advocated adjusting cross-strait discourse with the so-called "Taiwan Province of the Republic of China", which was criticized by the Taiwan Affairs Office. In August this year, Chi chang Tsai was responsible for receiving Pelosi’s visit to Taiwan’s legislature. In the meantime, he was interviewed by Taiwan Province media, saying that he wanted to deepen the so-called "-US relationship" and advocated that Taiwan Province was a "sovereign and independent country".

  In addition, Chi chang Tsai has been identified as the candidate for the mayor of Taichung City in the year-end "Nine in One" election launched by Democratic Progressive Party.

  The picture shows Chi chang Tsai, the "legislator" and vice president of the "Legislative Yuan" of Taiwan authorities. Image source China Times News Network.

  Ke Jianming:

  Democratic Progressive Party, the founder of the Party, party member, has been "serving" in Taiwan’s legislature for nearly 30 years. He is currently the general convener of Democratic Progressive Party’s "Legislative Yuan" party group and is regarded as the "Machiavellian" of the Party in manipulating various legislations.

  In 2013, in consideration of Democratic Progressive Party’s return to power, Ke Jianming participated in throwing out the theory of "freezing Taiwan independence’s party program", which won many positive responses from peace-loving people on both sides of the strait. However, in less than a year, an anti-service trade movement broke out in Taiwan Province, and Ke Jianming called on his fellow legislators to "watch the door" for the Sun Flower students who rushed into the Legislative Yuan, which caused great damage to the healthy development of cross-strait relations.

  After Democratic Progressive Party returned to power in 2016, Ke Jianming became more and more famous as "Taiwan independence". In 2019, Ke Jianming repeatedly slandered the mainland and the Hong Kong SAR government by using Hong Kong’s "case-amending storm". He constantly hyped the so-called "security" issue, called legislators from the same party to push the so-called "five security laws" and "reverse osmosis law", purged political opponents on the island, stigmatized groups opposed to Democratic Progressive Party and Taiwan independence, and dealt a heavy blow to normal non-governmental exchanges between the two sides of the strait.

  Lin Feifan:

  Deputy Secretary-General Democratic Progressive Party. Lin Feifan, born in 1988, is the youngest "Taiwan independence" die-hard who has been listed by the mainland at present, and has a strong incitement ability among the younger generation in Taiwan Province.

  In 2013, Lin Feifan was interviewed and claimed to "advocate Taiwan independence". In the "Anti-Service Trade" movement in 2014, as one of the main instigators, he acted as a "Depth Charge" that hindered cross-strait economic exchanges. After returning to Taiwan from overseas in July 2019, he joined Democratic Progressive Party and served as the party’s deputy secretary-general.

  Regarding Pelosi’s flight to Taiwan, Lin Feifan claimed that it was "substantial progress in Taiwan-US relations" and played up the mainland’s "security threat" to Taiwan.

  The picture shows Lin Feifan, Deputy Secretary-General of Democratic Progressive Party. Image source: United News Network.

  Chen Jiaohua:

  Taiwan independence is also the party chairman of the political group Time Force. Founded in 2015, as an extreme "Taiwan independence" force after the "anti-service trade" movement, the party once became the third largest political party in Taiwan’s legislature.

  "Time Power" spared no effort in obstructing cross-strait exchanges. It advocates promoting the "normalization of national status" in Taiwan Province, and manipulates issues such as participating in the World Health Assembly, the United Nations General Assembly and regular "mutual visits" between officials from Taiwan and the United States in the name of "Taiwan Province". The "power of the times" and Democratic Progressive Party have used each other for a long time, encouraging "independence" to gain political interests.

  In May this year, Chen Jiaohua, as the chairman of the "Time Power" party, slandered the mainland in the name of "human rights"; In the name of rejecting the "cultural united front", Democratic Progressive Party authorities were asked to ban mainland publications and film and television works from entering Taiwan Province.

  The picture shows Chen Jiaohua, the "legislator" of the Taiwan authorities and the chairman of the "Time Power" party. Image source ETtoday news cloud.

  Wang Dingyu:

  Members of the Democratic Progressive Party (DPP) were repeatedly sentenced for causing trouble, which was controversial in Taiwan Province society.

  In 2008, Zhang Mingqing, then vice president of ARATS, was invited to visit Taiwan. When he visited the Confucius Temple in Tainan, he was suddenly disturbed and pushed to the ground by Wang Dingyu, then a city councilor, causing uproar at home and abroad. As a "legislator", he made many words and deeds that hurt mainland spouses, affected exchanges and tore cross-strait ties, and was regarded as a symbolic "clown" of Democratic Progressive Party jumping on the table and undermining peace and stability in the Taiwan Strait without a bottom line.

  He is also an advocate of Taiwan-US ties. In April this year, when Pelosi’s channeling information was first reported, Wang Dingyu showed great excitement. He constantly encouraged American and Western politicians to "come to Taiwan".

  In November 2021, after the Su Zhenchang, You Xikun and Joseph Wu were listed by the Taiwan Affairs Office of the State Council, Wang Dingyu clamored that he should also be included. Although he is a small player, Wang Dingyu’s words and deeds that tear cross-strait ties can be described as "grandiose" and he will face severe sanctions in the future. I hope he can keep the joy of "getting what he wants".

  The picture shows Wang Dingyu, a legislator of the Democratic Progressive Party. Image source China Times News Network.

The sales volume of Yinlong New Energy Bus has fallen off a cliff, and Dong Mingzhu’s dream of building a car has fallen?

Recently, the information of Tianyancha and Qixinbao showed that many directors and supervisors of Yinlong New Energy Co., Ltd. (hereinafter referred to as "Yinlong New Energy") withdrew, including Dong Mingzhu, the chairman of Zhuhai Gree Electric Co., Ltd. At present, the main personnel of Yinlong New Energy are only Lu Chunquan and Lai Xinhua, and the chairman is Lu Chunquan and Lai Xinhua. At the same time, Lai Xinhua also holds the position of general manager.

Previously, the chairman of Yinlong New Energy was Lu Chunquan and the general manager Lai Xinhua; Directors are Dong Mingzhu, Deng Xiaobo, Peng Jihai, Sun Guohua, Wei Guohua and Wei Yincang; The supervisors are Yao Kejie, Hu Zhaowei and Zhang Wei respectively. Although Yinlong New Energy denied the withdrawal of many directors and supervisors, the information of Tianyancha and Kaixinbao changed.

However, Dong Mingzhu is still the second largest shareholder of Yinlong, holding 17.46%. The largest shareholder of the company is Zhuhai Yinlong Investment Holding Group Co., Ltd., holding 25.99% of the shares; Sunshine Life Insurance Co., Ltd. is the third largest shareholder, holding 11.60%.

Investment logic

Dong Mingzhu once looked at BOC Long’s lithium titanate battery and new energy vehicle business, and pushed Gree Electric to acquire Yinlong through private placement financing, but he was frustrated. Since then, Dong Mingzhu invested in Zhuhai Yinlong in his personal capacity, spending about 1 billion yuan and taking 17.46% of the shares in Yinlong, becoming the second largest shareholder of Yinlong. She also brought Wang Jianlin and Liu Qiangdong. She said at that time that the decision to invest in Zhuhai Yinlong was not aimed at profit, but hoped to support the rapid development of the new energy automobile industry.

At present, Yinlong’s main business is mainly new energy commercial vehicles. According to the latest data from China Bus Statistics Information Network, the sales volume of Yinlong New Energy Bus reached 2,708 in 2019, down by 62.8% year-on-year. It is worth noting that Yinlong New Energy relies too much on state subsidies. On April 25, 2019, Yinlong New Energy revealed on its WeChat WeChat official account that the former senior executives of Yinlong New Energy were suspected of defrauding the national financial subsidies for new energy vehicles, amounting to 112 million yuan.

Soon after Dong Mingzhu entered Zhuhai Yinlong, he began to expand rapidly and planned to go public. According to public information, Zhuhai Yinlong has signed nine industrial parks including Shijiazhuang and Luoyang, with a total investment of over 80 billion. The rapid expansion caused Yinlong to have overcapacity immediately. On the one hand, orders fell in a cliff-like manner, and a large number of finished vehicles in the factory were parked idle. On the other hand, it was constantly exposed that it was in arrears with suppliers’ payment. Yinlong was also terminated in 2018. IPO counseling. In addition, Yinlong New Energy has been listed as the executor for many times, and the contradiction between internal shareholders and management is constantly a magic weapon. In particular, the contradiction between Dong Mingzhu and Wei Yincang, the founder of Yinlong, intensified.

"The rapid expansion strategy and management turmoil aggravate the risks of L Yinlong New Energy, especially the changes in management, which will have a great impact on the company’s strategy and development rhythm." An industry person told reporters. Luo Lei, Deputy Secretary-General of china automobile dealers association, also said in an interview with CBN: "Yinlong mainly deals in passenger cars, but it is ok to concentrate on it. With the intervention of Dong Mingzhu, the degree of attention has become higher. However, buses are niche products, and the total supply is limited. Yinlong’s crazy expansion in the past two years has problems, and the development of enterprises should be steady growth to remain healthy. Expansion is based on the integrity of the whole system, which is closely related to scale, parts procurement and supply, production line, logistics and after-sales service. Once a link goes wrong, it will be fatal. "

Dong Mingzhu, who has always dreamed of building a car, has encountered many challenges due to the high threshold of the automobile industry, but she still insists that Yinlong’s battery can just become an indispensable and important role in Gree Electric’s smart home in the future.

Marginalization of lithium titanate battery

The most obvious label of Yinlong is lithium titanate battery technology. Official website of Yinlong New Energy shows that on September 20, 2010, Yinlong New Energy signed an acquisition agreement with American Aoti Nanotechnology Co., Ltd. (hereinafter referred to as "Aoti"), and on July 22, 2011, it strategically controlled Aoti. After that, Yinlong New Energy began to vigorously develop lithium titanate batteries in China with the help of Austrian titanium.

Compared with other battery technology routes, lithium titanate battery has advantages in safety and charging time. However, Wei Yincang also mentioned in public that when Aoti was acquired, the cost of lithium titanate was 12 times that of the current battery. Compared with BYD, the cost is 50%~60% higher, and the gap will be further narrowed with the expansion of production capacity.

In recent two years, the phenomenon that lithium titanate is marginalized is more obvious. According to the latest data of installed power batteries in 2019, the installed power batteries in China reached 62.2GWh, up 9.2% year-on-year. Ternary materials and Ferrous lithium phosphate occupied the main market share, while the installed capacity of lithium titanate battery only reached 0.38GWh, down 23.6% year-on-year.

"In fact, lithium titanate batteries were discovered earlier than ternary lithium batteries and lithium iron phosphate batteries. If possible, everyone has already made a choice." Fang Jianhua, senior consultant of Power Battery Application Branch of China Chemical and Physical Power Industry Association, said in an interview that lithium titanate battery has a fatal weakness: low energy density, which is directly related to the length of cruising range, but the density of lithium titanate battery can’t meet this requirement now. In addition, with the decline of subsidies, lithium titanate batteries are mainly used in new energy buses, and their capacity is relatively limited, which will bring greater challenges.

"Lithium titanate battery is a niche route, which can be used in some specific markets and cannot digest large-scale product production. For example, in a mountain city like Chongqing, it is used in the electric bus market and some power grid energy storage markets. Therefore, it is possible for the application of lithium titanate battery to grow moderately, and it is doomed to be difficult to explode quickly. The rapid expansion of Yinlong does not conform to the development law of lithium titanate battery itself, and the outcome can be imagined. " Mo Ke, founder and president of Real Lithium Research, told the First Financial Reporter that if we find the right market and then take it slowly, I believe that lithium titanate batteries will also have a place.

"Market choice determines the technical route. Especially after the cancellation of subsidies, the market is mainly private cars and short-distance cars, and it is estimated that it will still be dominated by three yuan. " Cao Guoqing, deputy secretary general of China Battery Industry Association, told reporters.

However, Dong Mingzhu, who was frustrated by Yinlong’s new energy, did not give up her enthusiasm for the automobile industry. Now she has chosen a relatively lightweight way to enter the automobile industry. On August 28th, 2019, Gree Electric’s subsidiaries Zhuhai Gree Energy Environment Technology Co., Ltd., Huatai Huineng (Beijing) Energy Technology Co., Ltd. and Yinlong New Energy jointly registered Zhuhai Hengqin Gree Huati Energy Development Co., Ltd. with a registered capital of 30 million yuan, and the main management was held by relevant personnel in Gree Electric. In September 2019, Gree Electric joined forces with five enterprises including Zhuzhou CRRC and Yinlong New Energy to jointly establish Guochuang Energy Internet Innovation Center (Guangdong) Co., Ltd.. Among them, Gree Electric holds 75% of the shares, Zhuzhou CRRC holds 8%, Yinlong New Energy holds 5%, and Dong Mingzhu serves as the chairman.

What kind of nutrition do you need to maintain health?

Author: Li Suyi

The First Affiliated Hospital of China University of Science and Technology-

Director of oncology department of tumor nutrition and metabolism, director of clinical nutrition department

Doctor of medicine, doctoral supervisor, chief physician of oncology department

Director of China Society of Clinical Oncology (CSCO)

Vice Chairman of Cancer Nutrition Management Branch of China Nutrition Society

He has been engaged in clinical oncology for 33 years and published more than 200 academic papers.

Article Source: Metabolic Nutrition Therapy for Tumors

China Clinical Nutrition Network has been authorized to reprint

Nutrients refer to the chemical components in food that can provide energy for human body, repair the body and tissues, and have physiological regulation functions, and maintain human health and provide various substances needed for human growth, development and labor. The nutrients needed by human body are carbohydrates, protein, lipids, vitamins, minerals and trace elements, and water. In recent years, dietary fiber has been found to be the eighth kind of nutrients for human beings.

(Source: WeChat public platform public photo library)

Carbohydrate is composed of three elements: carbon, hydrogen and oxygen. Because the ratio of hydrogen to oxygen is 2: 1, which is the same as water, it is named as the most abundant organic compound with broad-spectrum chemical structure and biological function in nature, which provides heat energy for human body and is the main source of energy needed by all organisms to maintain life activities. It is divided into two categories: effective carbohydrates that can be absorbed and utilized and ineffective carbohydrates that people can’t digest. The latter is dietary fiber, as described later.

Some carbohydrates also have special physiological activities, which are the main nutrients that provide energy for life activities (anaerobic glycolysis substrates of nerve tissues and red blood cells); Because it is eventually decomposed into sugar in the body, it is called sugar, which can promote the metabolism of other nutrients and have a special "nitrogen-saving" effect; Participate in the human body to form tissues and synthesize glycogen.

Protein molecules contain carbon, hydrogen, oxygen, nitrogen, and possibly sulfur, phosphorus and other elements. Alpha-amino acids are combined in a certain order to form a polypeptide chain, and then one or more polypeptide chains are combined in a specific way to form a polymer compound, which constitutes the scaffold and main substances of human tissues and organs and plays an important role in human life activities. It can be said that there would be no life activities without protein.

(Source: WeChat public platform public photo library)

Amino acid is its basic constituent unit, which is formed into peptide chains through dehydration and condensation, and then is composed of one or more polypeptide chains and arranged in a certain order. This is protein. The amino acid sequence is encoded by the corresponding gene, encoding 20 basic amino acids. Some amino acid residues can be modified after translation to change the chemical structure, thus activating or regulating protein. A plurality of protein play a specific function by forming a stable protein compound, folding or spiraling to form a certain spatial structure. Synthetic peptides’s organelles are ribosomes on the rough endoplasmic reticulum in cytoplasm, and protein’s differences lie in the types, numbers, arrangement order and spatial structure of its amino acids. Protein constitutes the material basis of human cells, promotes the growth and tissue repair of the body, forms antibodies against diseases, maintains the osmotic pressure of the human body and transmits genetic information. The ingested protein is digested, hydrolyzed into amino acids and absorbed in the body, and then the protein needed by the human body is synthesized. The new protein is constantly metabolized and decomposed, and is always in a dynamic balance. The quality and quantity of protein in food and the proportion of various amino acids are related to the amount of protein synthesis, growth and development, prenatal and postnatal care, health and longevity, and are closely related to the amount of protein in diet. Protein can be divided into complete protein and incomplete protein. protein, which lacks essential amino acids or has little content, is called incomplete protein, such as protein in cereals and gelatin in animal skins and bones.

(Source: WeChat public platform public photo library)

Fat is the general name of oil, fat and lipid. What is liquid at room temperature is called oil, and what is solid is called fat. Fat is composed of three elements, C, H and O, and is a triglyceride composed of glycerol and fatty acids. The molecule of glycerol is relatively simple. Fatty acids can be divided into three categories: saturated fatty acids, monounsaturated fatty acids and polyunsaturated fatty acids, or long-chain, medium-chain and short-chain fatty acids according to the length of carbon content. Fat is soluble in most organic solvents and insoluble in water. It is a glyceride of one or more fatty acids. The cell membrane composed of lipids separates the organelles from the surrounding environment, mainly provides macro nutrients for energy, and also has the functions of maintaining body temperature and protecting organs. Fatty acids are an important guarantee for the normal operation of the brain, immune system and reproductive system, and contribute to health and longevity. Fat lubricates body tissues and joints, and is also an important component of human body (phospholipid is an important component of biofilm). Cholic acid and steroid hormones have the functions of nutrition, metabolism and regulation. As the surface substance of cells, lipids are closely related to cell recognition, species specificity and tissue immunity. The digestibility of fat is related to its melting point. The more unsaturated fatty acids, the lower the melting point: the digestibility of vegetable oil reaches 100%. The melting point of animal fat is above 40℃, the digestibility is 80% ~ 90%, and the content of linoleic acid and linolenic acid in vegetable oil is relatively high, which provides essential fatty acids. Fat helps the absorption of fat-soluble vitamins a, e, k and d.

(Source: WeChat public platform public photo library)

Vitamins are a kind of organic compounds necessary for maintaining health, and they are also a kind of regulatory substances. It is not the raw material of body tissue, nor the source of energy. It is an important active substance that plays an important role in substance metabolism and maintains human health. It can’t be synthesized in the body or the amount of synthesis is insufficient. The required amount is small but indispensable, and it must be supplied by food frequently.

Common ground of various vitamins:

① All of them exist in food in the form of provitamin;

② It is not a component of body tissues and cells, and does not produce energy, but mainly participates in the regulation of body metabolism;

③ Most vitamins can’t be synthesized by the body or the synthetic amount can’t meet the needs of the body, so they must be obtained from food frequently;

④ The human body needs a small amount of vitamins, once lacking, it will lead to corresponding vitamin deficiency.

Vitamins are divided into three categories: one is fat-soluble vitamins, which can be stored in the body, including vitamins A, D, E and K; The other is water-soluble vitamins, which need to be provided from food every day, including vitamins C, B1, B2, B6, B12, nicotinic acid (vitamin B3), pantothenic acid (calcium pantothenate), folic acid (vitamin B9), choline, biotin, etc. The third category is provitamin, whose chemical structure is similar to a certain vitamin, which can be converted into vitamin through simple metabolic reaction, such as β -carotene can be converted into vitamin A; 7- dehydrocholesterol can be converted into vitamin D3 and so on.

Vitamins account for a very small proportion in natural foods and are necessary for the human body. There are dozens of vitamins found now, which play an extremely important role in the metabolism, growth, development and health of the body and are important substances for maintaining and regulating the normal metabolism of the body. Many vitamins are coenzymes of enzymes or components of coenzymes. The best vitamins exist in human tissues in the form of "bioactive substances". Vitamins B6 and K can be synthesized by bacteria in animal intestines, and the amount of synthesis can meet the needs. Primates cannot synthesize vitamin C by themselves. Animal liver, eggs, dairy products, carrots, pumpkins, bananas, oranges and some green leafy vegetables are rich in vitamin A; Ingredients such as cod liver oil, eggs, margarine, milk and tuna are rich in vitamin D; Grain embryo, vegetable oil and green leaves are rich in vitamin E; Green leafy vegetables are rich in vitamin K; Sunflower seeds, peanuts, soybeans, pork, cereals and wild edible fungus Tricholoma matsutake are rich in vitamin B1. Meat, cereals, vegetables and nuts are rich in vitamin B2. Pig, beef, mutton, fish, poultry, shellfish and eggs are rich in vitamin B12;. Lemon, orange, apple, jujube, strawberry, pepper, potato and spinach are rich in vitamin C.

(Source: WeChat public platform public photo library)

Minerals and trace elements are not exactly the same substance. Minerals are also called inorganic salts. Except for carbon, hydrogen and oxygen, the rest of the 60 elements in human body belong to minerals, accounting for more than 0.01 of the total weight of human body.

There are 11 kinds of essential macroelements for human body, such as calcium, aluminum, magnesium, sodium, potassium, iron, sulfur, phosphorus, chlorine, etc. Essential trace elements refer to elements that are necessary to maintain human life, development and reproduction, accounting for less than 0.01% of the total weight of human body and less than 100 mg a day. There are 14 kinds of elements such as iodine, copper, zinc, manganese, cobalt and fluorine, which play an extremely important role in regulating life metabolism.

Calcium-supplementing foods include milk and dairy products, beans and bean products, small fish and shrimp, bones and shells, kelp, seaweed, sesame seeds, sesame paste, etc. Phosphorus supplements are widely found in various animals and plants: lean meat, fish, poultry, eggs, milk and their products are rich in phosphorus, and nuts, kelp, laver, oilseeds and beans are also high in phosphorus. As long as there is enough protein and calcium in food, there will be enough phosphorus. Phosphorus absorption rate in cereal plants is low; Iron-supplementing food consists of animal liver, kidney, blood, red meat, beans, fungus and sesame paste. The high phosphorus protein in egg yolk will interfere with the absorption of iron, and the effect of iron supplementation is not very good. Zinc-supplemented foods are mainly found in shellfish such as oysters, red meat, animal viscera, dried fruits, cereal embryos, wheat bran, peanuts and peanut butter, eggs, bean sprouts, oats, etc. Strengthen iodized salt by eating iodized food seafood; Selenium-supplemented foods such as seafood and animal offal, such as caviar, sea cucumber, pig kidney, oysters and clams, are also high in wheat germ powder, purple peanuts, dried mushrooms, peas and lentils. Tea, marine fish, kelp and laver can be used to supplement fluorine. Generally, the fluorine content of animal foods is higher than that of plant foods, while that of marine animals is higher than that of fresh water and land foods.

(Source: WeChat public platform public photo library)

Dietary fiber mentioned earlier is a kind of polysaccharide, which can not be digested and absorbed by gastrointestinal tract and can not produce energy carbohydrates.

Among them, soluble dietary fiber includes pectin, alginate, konjac, etc., and the main component is glucomannan, which has the outstanding characteristics of strong water absorption. The gastrointestinal tract is intertwined with other carbohydrates, delaying the absorption of the latter; Insoluble dietary fiber mostly comes from whole grains, beans, vegetables and fruits, which can promote gastrointestinal peristalsis, accelerate the passage of food through the gastrointestinal tract, reduce absorption, and absorb water in the large intestine to soften stools, thus playing a role in preventing and treating constipation.

Dietary fiber has a very important physiological function, and it is also closely related to improving and maintaining human immunity, anti-diarrhea and constipation, reducing intestinal polyps, diabetes, lowering blood cholesterol and triglycerides, controlling weight and colorectal cancer, and treating cholelithiasis and preventing and treating intestinal diverticulosis. Water-soluble dietary fiber swells after absorbing water, and chyme mass is sticky. Water-insoluble dietary fiber mixed with chyme mass can increase its volume, increase satiety and stimulate intestinal peristalsis. Bile acid secreted by the liver absorbs fat and cholesterol. Dietary fiber absorbs bile acids and reduces the absorption of cholesterol in food. Dietary fiber mixed with chyme can reduce the absorption of sugar in food by small intestine and reduce the metabolic burden of pancreas. Water-soluble dietary fiber is fermented by intestinal bacteria to synthesize short-chain fatty acids, breed probiotics and adjust intestinal PH value. Rapid defecation means that the stay time of feces in the intestine is shortened, and the contact between carcinogens and intestinal mucosa is prevented for a long time.

The standard of dietary fiber intake is 30g per day, while the dietary fiber intake of Chinese people is only 40% ~ 45%. The source of daily dietary fiber is based on the principle of food diversification, emphasizing the intake of soluble dietary fiber and taking into account the intake of insoluble dietary fiber. The content of insoluble dietary fiber in dark green vegetables is higher than that in light colored vegetables, such as leeks and celery. Bamboo shoots, wild vegetables. Potato food, nuts, mushrooms, fungus, kelp and other fungus food and apples, pears and peaches are rich in soluble dietary fiber.

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The "price war" of the new car-making forces in February continued to heat up.

  Recently, a number of new car-making forces released delivery data in February. Affected by the Spring Festival holiday, the delivery of new car-making forces is generally less than that in January. Except for AITO and Ideal, the sales of other new car-making forces did not exceed 10,000 vehicles.

  With BYD and Tesla, two new energy head car companies, kicking off a new round of price reduction on March 1st, the "price war" in the Year of the Loong auto market continues to heat up, which may further accelerate the market reshuffle. According to the incomplete statistics of the "Securities Daily" reporter, since March, nine car companies have announced price reductions or opened limited-time concessions, with the highest price reduction of 47,000 yuan.

  "From an industrial perspective, the new energy vehicle market is shifting from incremental development to stock competition." Ou Yangming Gao, an academician of China Academy of Engineering, told the Securities Daily reporter that on the one hand, the new energy automobile industry itself is the survival of the fittest, and on the other hand, the game between new energy vehicles and fuel vehicles has reached a decisive stage, and the competition between independent brands and joint venture brands has also reached a white-hot level.

  AITO ranks first in the world of inquiry

  From the delivery data, AITO, Ideal and Ai ‘an are still stable in the first camp. In February, AITO delivered 21,100 new cars, a year-on-year increase of 503.20%, of which 18,479 new M7 cars were delivered, accounting for 87.4%. AITO ranks first among the new forces that have announced the delivery volume, surpassing LI again.

  It is noteworthy that the M9, the third model of AITO, officially launched the nationwide scale delivery on February 26th. According to official data, the M9 has exceeded 50,000 vehicles in 62 days. The increase of new products has become the next sales growth point of AITO.

  LI delivered a total of 20,251 new cars in February, up 21.8% year-on-year, and lost to AITO by a narrow margin. On March 1st, LI held the spring conference of 2024, and its first pure electric model MEGA and 2024 ideal L series models were officially launched. Li Xiang, Chairman and CEO of LI, said: "With the release and delivery of new models, our goal is to return to the level of monthly delivery of 50,000 vehicles in March." This means that the battle for the top spot in the delivery of new forces will continue.

  As the third runner-up in the list, GAC Ai ‘an sold 16,700 vehicles in February, down 44.57% year-on-year. Compared with AITO and Ideal in the first camp, the delivery of Guangzhou Automobile’s Ai ‘an has shown signs of fatigue.

  Except for AITO, Ideal and GAC’s Ai ‘an, the other new car-making forces and the "second generation" of traditional car companies have not maintained the previous trend of breaking 10,000 vehicles or hitting new highs, and the delivery volume in February was all below 10,000 vehicles.

  Specifically, the other car companies that have released the delivery volume in February are Weilai Automobile, Krypton Automobile, Zero Run Automobile, Nezha Automobile, Xpeng Motors Automobile and Lantu Automobile in order of delivery volume, with the delivery volume of 8,132, 7,510, 6,566, 6,085, 4,545 and 3,182 respectively, all of which showed a decline from the previous month, with a year-on-year change of-33 respectively.

  From the perspective of the whole industry, the new energy vehicle market was relatively sluggish in February, and the sales of new energy vehicles of traditional car companies such as BYD and Geely all showed a significant month-on-month decline. The Federation had previously predicted that the sales volume of the automobile market in February or the whole year was the lowest, and the domestic retail sales volume of narrow passenger cars was about 1.15 million, down 43.5% from the previous month, showing a regular seasonal trend; The domestic retail sales of new energy vehicles are expected to be 380,000, down 43% from the previous month, with a penetration rate of about 33%, and the market penetration rate has dropped significantly compared with the end of last year.

  Head car companies set off a "price war"

  It is worth noting that at the beginning of March, BYD and Tesla, two new energy car giants, set off a new round of "price war".

  Following BYD’s continuous launch of "Glory Edition" models in several market segments in February, on March 1, BYD once again shouted the slogan "Electricity is lower than oil" and launched the glory version of BYD Song Pro DM-i, with a starting price of 109,800 yuan. This also means that the A-class SUV model equipped with DM-i technology has officially entered the range of 100,000 yuan.

  Li Yunfei, general manager of Brand and Public Relations Department of BYD Group, said that thanks to BYD’s scale effect and the advantages of the whole industrial chain, the price of plug-in hybrid BYD can be lower than that of fuel vehicles of the same class. At the same time, Li Yunfei also said that this move will completely open a decisive battle with fuel vehicles. He even bluntly said, "Who will buy fuel vehicles next?"

  On the same day, Tesla followed closely and announced three benefits for Model 3 and Model Y models, including 8,000 yuan limited-time car insurance subsidy, 2,000 yuan limited-time car paint preferential price and limited-time car financial low interest.

  According to the reporter’s incomplete statistics, since then, car companies including Geely, SAIC Volkswagen, Feifan Automobile, Chery, etc. have successively announced price cuts and introduced preferential policies for limited-time car purchases. For example, Geely launched the Spring Car Festival in 2024, with a cash discount of up to 47,000 yuan during March; The TUANG family of SAIC Volkswagen started a limited-time discount, and at the same time, the 2.0T model can enjoy a cash voucher of 2,000 yuan or a three-year maintenance package; Feifan Automobile announced that its Feifan F7 model launched a limited-time car purchase policy, with a maximum discount of 30,000 yuan, and the advanced version, advanced Pro version, extended Pro version and performance Pro version were reduced by 25,000 yuan to 30,000 yuan.

  Guan Mingyu, global managing partner of McKinsey and head of McKinsey’s automobile consulting business in China, told the Securities Daily that the development of new energy automobile industry in China and even the whole world is at a crossroads, and the cost reduction brought by technological iteration will promote the popularization of new energy vehicles into the fast lane. "At present, the new energy vehicle market is evolving at an extremely fast speed. Only by catching up with technological changes and grasping consumer trends can car companies occupy more market share." (Reporter Gong Mengze)

"finless porpoise dancing in the wind" released the original theme song of MV and sang touching youth.


1905 movie network news The original theme song "Wind Bring Me Back to You" MV is released in the animated film of New National Style, which is being shown. The melody of the song is light and catchy. The lyrics of "Listen to the soaring in the direction of the soul, and the faith is gentle and boundless" tell the determination to protect the finless porpoise. After the film was released on January 20th, it received rave reviews. The audience called for protecting the smiling angel of the Yangtze River and spontaneously held various movie-watching activities to cheer for the finless porpoise guardian group in the story.

The original theme song sings beautifully, and the best choice is to watch movies in winter vacation for young people.


On January 24th, the film "finless porpoise dancing in the wind" released the original theme song "Wind brings me back to you" MV. The title of the theme song echoes the classic lines in the film "No matter where I am, the wind will bring me back to you". In the MV picture, the teenagers under the wishing tree are in high spirits to promote the protection of the Yangtze finless porpoise. Let the children know the importance of finless porpoise through speeches and doll interactions, and combine the light melody of the song itself, which is more infectious.

With the beginning of winter vacation for primary and secondary school students all over the country, the choice of cinemas for teenagers is gradually enriched. The finless porpoise Dancing in the Wind pioneered the Yangtze finless porpoise element, and the exquisite national wind rock color painting style tells the moving legend through the animation form of the new national wind, telling a moving story with China characteristics to teenagers.

Word of mouth continues to be full of emotions and ignite the enthusiasm of the audience.


At the film’s previous premiere, the creative team watched this passionate and emotional film with the audience, and many viewers were moved by the creative heart of the creative team. Five years’ ingenuity has made the aesthetics of the national style, which has been deposited for 5,000 years, leap onto the screen, attracting surprises from the scene. Many children are worried about the experience of the finless porpoise and even cry for it. At the climax, more viewers are dissatisfied with the efforts of the Jiangling fairy!

Among them, the most popular film is the 600-year-old bond between Jiang Ling and Lin Sheng. It can be seen that the film not only expresses concern about protecting the ecological environment, but also integrates universal feelings, which will warm and move more audiences this winter vacation. It is understood that the film has prepared wishing activities in cinemas around the country, hoping that more people can understand and participate in the activities to protect the Yangtze finless porpoise through "seeing the finless porpoise for good luck".


The film "finless porpoise dancing in the wind" is being shown.


The annual appeal acceptance nearly doubled. jingdong cloud speeded up Dongguan 12345 people’s livelihood service efficiency.

  As the Spring Festival of the Year of the Rabbit approaches, the upsurge of returning home reappears. Ms. Yan, a citizen, dialed 12345, saying that her daughter worked in Hong Kong and had not returned home for three years. She encountered obstacles in handling the Home Visit Permit for Hong Kong and Macao residents. On the other end of the phone, the salesman and intelligent customer service of Dongguan 12345 government service convenience hotline (hereinafter referred to as "Dongguan 12345") patiently and accurately answered, guarding the wanderer’s way home.

  This is a small microcosm of Dongguan 12345′ s pain points, difficulties and gambling points for the people’s livelihood. During the Spring Festival this year, in order to let the citizens enjoy the happy time of family reunion, Dongguan 12345 provided all-weather service, listening to the people’s voices 24 hours a day, and solving problems for Spring Festival travel rush’s returning home, medical treatment, travel and consumer complaints.

  With the help of jingdong cloud’s leading digital intelligence technology and products, in 2022, Dongguan 12345 received a total of about 5.81 million incoming calls, with a satisfaction rate of 99.5%, and accepted about 6.5 million appeals from citizens, with a satisfaction rate of 96.8%. In the service quality evaluation of the national government hotline in 2022, Dongguan jumped from the 87th place to the 12th place, and really became a reliable, accurate and fast service hotline.

  withVarious digital intelligence productsfortongs,first-rate service"Pass the cityPeople’s livelihood temperature"

  A hotline warms a city, and jingdong cloud helps the Dongguan 12345 hotline to solve the citizens’ "urgent difficulties and worries", and people’s livelihood services are more temperature-sensitive.People’s livelihood and well-being are more textured..Since its opening in December 2014, Dongguan 12345 has merged and integrated 268 non-emergency hotlines in the city, with 450 seats and a connection rate of over 90%. Citizens call for "one-time connection", citizens demand "one-call response", and the temperature of the city is transmitted on this "digital intelligence hotline".

  This is aput upPeople communicate with the government.bridgeThe "connecting line".Jingdong cloud joined hands with Dongguan 12345 to reposition the hotline service, and launched many intelligent services that are convenient for people and enterprises, and accessed the consultation paths such as "Guangdong saves trouble" applet, "I Dongguan" WeChat official account, applet, APP, etc., which made the hotline jump at the fingertips. Innovatively opened the "Wanjia Government Affairs" self-service terminal video service, responding to people’s and enterprises’ demands one-on-one and face-to-face, and making government affairs services "in front of us".

  During the epidemic period, Dongguan 12345 hotline innovatively launched intelligent outbound service, and jingdong cloud provided free epidemic investigation service for Dongguan by using mature and stable intelligent human-computer interaction technology, and completed the joint investigation in only 4 hours. Since the launch of the outbound robot for epidemic prevention and control, it has helped Dongguan to complete the policy transmission and information arrangement of 1481 batches and 29.94 million citizens, which has become an important means for the municipal government to quickly convey and count information.

  This is a "love line" that understands dialects and distinguishes emotions.In order to enable every citizen to enjoy high-quality service, the jingdong cloud team specially developed an accent adaptation model and algorithm, which can accurately identify Cantonese and make government services more warm. Based on emotional intelligence technology, it can identify seven emotional types and three emotional concentrations, and respond intimately, which further improves the good experience brought by rapid response. At present, jingdong cloud’s intelligent government hotline can accurately identify dialects in Sichuan, Chongqing, Shaanxi, Shanxi and other places, and is gradually covering dialects in other parts of the country.

  thisstillEven a deaf person can feel it.city"Warm Heart Line" of Temperature. Jingdong cloud supported Dongguan 12345′ s first "sign language love special seat", where callers can switch between text, sign language and data at will to solve the problem of "difficult work" caused by hearing impairment and communication difficulties.

  "heart-to-heart" and "love""warm heart"ofFor the peopleBehind the service, it is inseparable.The intelligence of government hotlinespeed up. Through the deep coupling of technology and service, the direct answer rate of Dongguan 12345 consulting is 99.4%. The average processing time of work orders such as consultation, complaint and report is about 4.3 days, which has been greatly improved year-on-year. Among them, the working time of suggested work orders has been reduced from 7.2 days to 1.3 days, with an increase of 81.9%.

  Take the leadDigital intelligence technology based onFor the base, continue to consolidate the ability of government service and intelligence.

  one-upMathematical intelligenceThe technology is to speed up jingdong cloud.Government hotlineAn important cornerstone of digital intelligence.Dongguan 12345 introduced intelligent products such as intelligent online robot, intelligent knowledge base, intelligent agent assistance, intelligent outgoing call, intelligent quality inspection, voice and semantic middle station, and launched a number of convenience services such as the mayor’s through train and sign language love seats.Depends on JD.COM.Frontier AI technology of speech and rhinoceros artificial intelligence application platform"watering".

  Automatic transfer of work orders, accurate dispatch, intelligent knowledge base association … man-machine collaboration mode makes the hotline center work more efficiently. Jingdong cloud’s new generation of man-machine collaboration technology can effectively improve the work efficiency of telephone operators. Moreover, by using the intelligent call-out tool, the 12345 hotline completed 1121 batches and reached more than 24.58 million people in the whole year, with a connection rate as high as 84%, which became an effective means to promote the interaction between the government and the citizens.

  ?

  The city’s unified government affairs knowledge base covers three levels: city, town and village, allowing massive consultation to be "accurate and realistic". Based on the ABSQ method pioneered by jingdong cloud and the knowledge mapping technology of "simplified structure", Dongguan 12345 has built a unified government affairs knowledge base, covering the standard database of the whole city, and built a unified caliber and standard service consultation system. The massive knowledge base is also fully open to the public, and the problems such as "unclear process, incomplete information and repeated useless running" in the process of handling matters have been greatly alleviated.

  urgentLinkage business system, shape strong.ofComprehensive linkage ability,letMatters settledmorequick.The emergency linkage business system built by jingdong cloud for 12345 has set up a municipal government service system of overall planning, departmental coordination, multi-level linkage and combination of online and offline, so that people can do things from "a pile of things" to "one thing" and from "running many times" to "doing things at once". Based on the data capability of JD.COM Yunda, the 12345 hotline can also judge the people’s voice to assist decision-making. Through real-time service quality monitoring and hotline data analysis, timely early warning can be realized for mass, frequent and sudden problems, providing scientific tools and grasper for policy evaluation and public opinion collection.

  Based on AI cutting-edge technologies such as natural language processing, knowledge map, machine learning and multi-modal interaction of JD.COM Yanxi artificial intelligence application platform, jingdong cloud intelligent government hotline embeds artificial intelligence technology into the whole process of "receiving-dispatching-running-supervising-testing-evaluating" of 12345 hotline, which strengthens hotline capacity building and promotes hotline efficiency improvement. Up to now, jingdong cloud has escorted the government service hotlines in Dongguan, Datong, Baoding, Beijing Tongzhou and other places to operate efficiently, realizing the deep integration of artificial intelligence technology and government service scenarios, making people’s livelihood services warmer, business environment higher and social governance more effective.

  Dr. He Xiaodong, Vice President of JD.COM Group and IEEE Fellow, said, "Dongguan is a representative city of the’ new first line’ and a benchmark city of the 12345 hotline. We are very happy to reach a cooperation with Dongguan 12345 to do something for the convenience and benefit of enterprises. In the future, we will join hands with more cities, take the digitalization of government hotlines as the incision, deeply integrate more government affairs scenes, continue to export leading AI products and services, fully support the digitalization of digital government, serve the people, be more caring, and serve the decision-making.

This article is from: financial information

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