广州葵花蒲典

Wang Jianlin, China’s former richest man once again mired in a cash flow crisis, is frequently selling his shares and assets in response to the urgent need to be caught off guard and the huge share buyback pressure facing the possible failure of Zhuhai Wanda’s listing at the end of the year.

At this moment,A mysterious post-80s businessperson stepped forward and bought a 49% stake in Wanda’s investment for 2.262 billion yuan.In addition, Wanda has successively transferred equity and reduced its holdings to Lu Lili, the proprietress of Oriental Fortune, and Xinxian Rongzhi. Wang Jianlin has temporarily weathered the crisis.

And this billionaire, who is not well known to the outside world, is Ke Liming, the chairperson of the board of directors of Chinese Confucianism and Italy. He crossed the border from hedge funds to the film investment field, and in this extremely risky industry, he frequently hit hit hit hits and became famous.

He does business with Pony Ma, China’s Confucianism and Tencent’s equity business is closely tied; he once helped Xu Jiayin, who was in crisis with blood transfusion; now this man, who is difficult to open the company’s official website and hard to find on the rich list, has become Wang Jianlin’s "white knight".

However, behind these transactions, there was his meticulous planning and the huge ambition of capital operation.

First, concocting explosions

Movies are a business with a very high failure rate, even for big productions, well-known directors, and popular movie stars, there are many precedents for capsizing in the gutter.

As Yan Yan, a partner at Saifu Asia Investment Fund, put it, "art and the box office seem to be in constant contradiction."

In recent years, the market environment of the film and television industry has deteriorated, and the original "the principle of factor sparsity" has become the "rule of nine".Only the top 10% or even 5% of movies can make money.

But in this miserable track, Colliming, who debuted halfway, rarely failed in the early days of his business.

After graduating with a master’s degree in finance, he took a step-by-step job at Persistent Hedge hedge fund in Hong Kong. In 2009, Asian finance swept the entire capital markets. It was said that he lost money in the stock market that year, and then decided to leave the financial industry and start a new business.

This year, he took the remaining 2 million yuan to the advertising company founded by his brother Ke Jiuming, and renamed the company "Beijing Ruyi Xinxin Film Investment Company" (Referred to as Ruyi Films)…

Ruyi Pictures initially cut into TV dramas. With years of investment banking thinking, he has a high degree of sensitivity and judgment on the cost and profit prospects of TV dramas, and almost "can roughly estimate the production cost after reading the script".

During this period, Ruyi Films planned and produced well-known works such as "Iron Teeth Bronze Teeth Ji Xiaolan 4", "Ex-Wife’s Station", "Spring of Li Chun" and "Woman of the Swordsman Family". The TV series "No War in Beiping" won the Magnolia Award, the Flying Sky Award and the China Golden Eagle Excellence Award.

Due to the saturation of the TV drama industry, he turned his attention to movies. After studying classic IPs such as Marvel, Ke Liming decided to cut into the IP and set up a "Confucian-Italian Books" company, planning and publishing the "To Youth" series, and successively acquired "Langya Bang", "Biography of Miyue", "Three Lives and Three Miles and Ten Miles of Peach Blossom", "No War in Peking" and other best-selling online articles, and turned them into film and television dramas.

In 2013, Ruyi Film and Zhao Wei jointly produced the "To Youth" series of films, which became an instant hit. After that, the box office of "Old Boy" and "Small Times 3/4" became popular, and the company became a well-known producer on the big screen overnight.

And "Old Boy Raptor Crossing the River" spawned the hit song "Little Apple", which also introduced the outside world to Colliming’s marketing talents.

In recent years, although there are not many works invested by Confucianism, there are not a few excellent performers. Behind the box office 5.40 billion "Hello, Li Huanying" and this summer box office champion "Vanishing She", there are Confucianism Pictures.

"I would never define myself as a filmmaker, I am an investor," Mr. Colliming stressed in an interview. It was the abandonment of past film industry empiricism that allowed the young man to create a methodology using investment models and financial thinking.

He brought quantitative analysis and big data to the extreme, and established a unique evaluation system. First of all, he subdivided the theme into characters, emotions, scenes, freshness, etc., and conducted data analysis on these subdivisions.

Secondly, it summarizes the "eight-character formula" of popular IPs –Life and death, poverty and wealth, love and hate, poverty and prosperity.

If a work gets more than "7 points" in his own evaluation system, Ke Liming will immediately start the director’s "database" and match it with the director’s strengths and weaknesses, audience ratings of past works, and box office results, thereby increasing the success rate of high-return births.

In Ke Liming’s view, investing in movies is like investing in stocks. "It is similar to studying the relevant indexes of the broader market. What is the standard index of the broader market, and what is the correlation of the same industry? It is completely operated according to the analysis method of stocks."

It can be said that Colliming’s style of play was undoubtedly a dimensionality reduction blow to the Chinese film industry at that time. He used a capital yardstick to reshape the film production process and became a rising star in the industry.

II. Capital thinking

In the golden age of Chinese movies, it would be a pity if Ruyi Pictures’ perfect capital story was not realized in time.

For the investment banker, this is a once-in-a-lifetime opportunity.

As early as August 2014, China Technology Holdings planned to acquire Ruyi Pictures in 1.50 billion, and the valuation at that time was based on the latter’s performance commitment of 130 million yuan in 2015.

At that time, the market was full of doubts. Colliming explained that the company already had a lot of IP reserves, which was equivalent to driving down future costs. He stressed: "The value of the entrance cannot be evaluated. If we can produce five movies in the next year, and the box office will be 35 billion yuan per year, then our value will be underestimated."

But for this practice of using future profit promises as valuation reference coordinates, regulators paid close attention, and investors also had many controversies. Finally, a year later, the deal collapsed.

In 2015, Tianshen Entertainment’s M & A fund announced the acquisition of 49% of Ruyi Film for 1.323 billion yuan in cash. That is to say, in just one year, Ruyi Film’s valuation has reached 2.70 billion yuan, soaring 80%.

But less than a year after the acquisition, Tianshen Entertainment sold it to Dayu Assets for 1.617 billion yuan, and the overall valuation of Ruyi Pictures has risen to 3.30 billion yuan.

In 2020, Ke Liming’s life trajectory is linked with Ma Ma and Xu Jiayin. At that time, Hengteng Network, which aspires to become "China Netflix", 7.20 billion Hong Kong dollars(6.60 billion yuan)Fully acquired assets such as Ruyi Film, Pumpkin Film and Television, and Jingxiu Network. At this time, the valuation is nearly 5 times that of 2014.

However, a few months later, Hengda debt thunder, Hengteng network shares were sold. During the period, Ke Liming to 4.433 billion Hong Kong dollars to take back Hengda held 739 million shares, than when he sold to Hengteng network a lot more expensive, which is also the side of ke justice.

Since then, Hengda has been reducing its holdings all the way, eventually cashing out more than 10 billion Hong Kong dollars and clearing all its positions. In 2021, Hengteng Network was renamed China Ruyi, and Ke Liming served as the chairperson of the company.

In addition, Ruyi Pictures has also spread "scandals" about capital transactions with Jixiang and Shanshan.

Hengda out, the relationship between Tencent and Ruyi film increasingly close, in addition to subscribing to China Ruyi just issued 4 billion Hong Kong dollar fixed share, but also in the content authorization, membership sharing and pumpkin film cooperation, but also for Ruyi games to provide technical services and channel promotion help.

It can be seen that,Since he started his business, Ke Liming seems to have set the goal of capital operation for Confucianism.He used a brand-new routine to invest in movies, finding a new way to support non-professional directors such as Xiao Yang, Jia Ling, and Chen Sicheng, and forcefully broke out into a world.

After studying the overseas streaming media model, Ruyi’s Pumpkin Movie is benchmarked against Netflix, with the ad-free membership system as the highlight, with the content production of Ruyi Pictures, the content authorization of shareholder Tencent, the experience of using Pumpkin Movie, and the film and television fans.

In addition, its Jingxiu Games can also be developed in conjunction with the IP of Ruyi Reserve, realizing the trident combination of "film and television production, investment + streaming media + games".

From finance to film, Mr. Colliming has struggled to find ways to raise the valuation of his stake, and now, in the midst of Wanda’s troubles, he has the chance to take a stake in China’s largest cinema company.

III. Engage in the downstream

There is one similarity between investing in the stock market and investing in movies, and that isIt is impossible to predict accurately forever.

Perhaps a certain method has a very high success rate in a particular period, but times change, audience preferences, trends, and changes in artistic techniques are unpredictable, and it is impossible to eat fresh food all over the world.

Moreover, even if you bet on popular works, it does not mean that you will be able to make money. For example, in 2013, the box office of "To Youth", "Old Boy" and "Small Times" invested by Ruyi exceeded 1.50 billion, but Ruyi Xinxin lost 2.53 million yuan that year.

Film and television investment and PE/VC investment are very different in terms of returns. Venture capital may be able to generate huge returns through one or two successful projects, helping companies gain fame in the industry and acquire more good projects.

But film investment is difficult. On the one hand, the film industry chain is like shooting a movie, which is long and complex. Of the box office revenue of the movie, 3.3% is used to pay taxes, 5% is given to the film development fund, and the remaining nearly 50% goes to the theater.(Or theater brand side)4% to 6% goes to the distributor, and about 40% goes to the producer.

So the movie income is shared by everyone, and the current movie investment is basically produced by many parties(Investment)Although Ruyi has bet on multiple hits, they are all jointly produced in "Vanished Her" and "Hello, Li Huanying", not the first investor, and the share is limited.

On the other hand, a good movie cannot find a so-called fixed formula. After the success of Ruyi Film in 2013, the follow-up of its own IP works was weak, which caused the youth to change the main creator and hit the street; the movie version of "Three Lives, Three Worlds and Ten Miles of Peach Blossom" was complained as a bad movie.

Since the beginning of this year, among the works invested by Confucianism and Italy, the low-cost production of "Keep You Safe" has performed well and is expected to generate some profits, but "Exchange Life" is likely to lose money, and the movie "Enthusiastic" is still in theaters.

In 2022, China’s Ruyi, which originally relied on film investment, accounted for 88% of its business composition, plus Internet community value-added services accounted for more than 90% of the income, while content production only received 100 million yuan of income, accounting for only 8%.

That is to say, in the cold winter of the film and television industry, it is Pumpkin Movies that has supported the company’s basic disk. China Ruyi has not released the latest user data of Pumpkin Movies, but as of the end of 2021, Pumpkin Movies has accumulated registered member 70.84 million, an increase of 101% year-on-year; cumulative paid subscription users 28.68 million, an increase of 472% year-on-year.

Although after years of hard work, Confucianism has amassed a high reputation in the industryThe contribution of film investment to performance is limited and volatile.

Today, after investing in Wanda, Shanghai Ruyi indirectly holds a 9.8% stake in Wanda Film, although as a financial investment. But through this deal, Ke Liming has successfully intervened in downstream channels. You know, Wanda Film is the absolute leader of domestic cinema chains. As of the end of June 2023, Wanda Film’s market share reached 16.8%.

Colliming pulled Wang Jianlin, and the feedback he got must be the convenience of arranging films in his works, as well as the greater voice over the cinema.

Write at the end

In the film and television industry, the only constant is change itself.

"Li Du’s poems have been passed down through the ages, and so far they are not new." It is the norm for a generation of newcomers to replace old people.

When Ke Liming joined the industry, he built a country with investment banking thinking, and his valuation soared and his reputation grew. But today, his thinking has seemed a little old. Investing in Wanda may be able to make it new by supplementing the industrial chain.

But for a company whose performance fluctuates so violently, relies heavily on the streaming business, and has little profit from movie investment, it has little effect on increasing market value other than following the fluctuations of the industry market.

Of course, this is also the flaw of all film and television companies, not Colliming alone.

This article is from the WeChat official account:Tide WAVE (ID: WAVE-BIZ)Author: Xie Zefeng, Editor: Yang Xuran

On September 15th, according to the "Phoenix WEEKLY Real Estate" report, Hengda Automobile’s Tianjin factory will hold a mass production ceremony of Hengchi 5 on September 16th. At present, Hengda Automobile President Liu Yongzhuo and other executives have gone to the Tianjin factory site, and the preliminary construction of the event ceremony site has been completed.

At the end of July this year, China Hengda announced that the new energy vehicle Hengchi 5 car independently developed by China Hengda New Energy Vehicle Group Co., Ltd. was officially launched at the beginning of this year. In March, it was announced through the 353rd batch of new products of MIIT. Hengchi 5 car obtained sales qualification and has officially started pre-sale on July 6, 2022. It has received more than 37,000 pre-sale orders.

IT Home learned that Hengchi Automobile said that the first batch of 10,000 new cars will be delivered one after another from October this year, and the first batch of 10,000 vehicles will be delivered before the first quarter of next year.

Hengchi 5 is a pure electric luxury SUV with a body size larger than BMW X1. Hengchi 5 is equipped with a lithium iron phosphate battery of Ningde Times, with a rated power of 72.8KWh and a cruising range of 602 kilometers. In fast charging mode, it only takes 28 minutes to charge from 30% to 80%.

Hengchi 5 car pre-sale 179,000 yuan, providing 10 rights and interests including 15 days of car pickup can be returned and refunded, which is the first model of Hengda Automobile. It was previously reported that the first pre-sale production of Hengchi 5 cars is about 10,000 units, and the first delivery time is expected to be from October 1, 2022 to March 31, 2023.

For BYD’s Chinese-Chinese hybrid version, the official data is 48 liters..

Byd Han’s fuel number is 92, the fuel consumption per 100 kilometers is 1.4L, and the mileage that can be run with a full tank of oil is 3429km.

In the daily driving process, it is necessary to always pay attention to the remaining oil in the fuel tank, and generally observe it through the fuel gauge in the car. If there are 2 squares left in the fuel meter, you should refuel in time to avoid running out of fuel halfway.

The fuel value on the fuel meter is true, but in the actual refueling process, because the fuel tank volume calibrated by the automobile manufacturer is from the bottom of the fuel tank to the safety margin, there is still a certain space from the safety margin to the fuel tank mouth. This space is to ensure that the oil in the fuel tank will expand when the temperature becomes higher, so as not to overflow the safety space of the fuel tank.

Therefore, if oil is added to the tank mouth during refueling, the actual refueling volume will be larger than the calibrated tank volume.

Maybe every man likes 911, but maybe everyone subconsciously has a dream of picking up a pickup truck, because it is not a Yan value sports car that can carry the distance, but also a cross-country with a steel body and a huge space, so it is done. With the latest one off the assembly line, it has created a new history of pickup trucks in China, becoming the first high-end pickup truck brand in China to break through 300,000.

On May 8, 2022, the 300,000th vehicle was officially rolled off the assembly line in Chongqing Smart Factory, and its strength demonstrated its "speed". We should know that as a new production base, Chongqing Smart Factory was completed and put into production in only 14 months, but it took less than 100 days to get off the assembly line from zero to 10,000 vehicles, and then it took only one year to get off the assembly line for 100,000 vehicles. Now it takes another 2 years and 8 months to achieve a breakthrough of 300,000 vehicles, which has once again created a new myth in the industry.

When it comes to why it is so popular, the variety of categories must be an unavoidable topic. For example, it is subdivided into three versions for different consumer groups, namely, the passenger version, the commercial version and the off-road version. As the name implies, the passenger gun is prepared for consumers who take the family as a unit. With its high appearance and rich configuration, coupled with the comfort of SUV, the positioning of pickup truck is not only for pulling goods, but also for family cars. The commercial version is the original intention of the pickup truck, which is aimed at the self-employed who do small business. Usually, it pulls more goods and is particularly practical. The off-road version is specially prepared for off-road enthusiasts. Running in the mountains, traveling, and feelings are unspeakable, which makes it have an upward momentum.

It is worth mentioning that the 300,000th model rolled off the assembly line is a trailer version of passenger guns, and the trailer versions of passenger guns and commercial guns are also listed simultaneously. On April 1st, this year, the relevant regulations of C6 light tractor trailer were formally implemented. In order to meet the diversified needs of users, on the basis of guns, locomotive guns and off-road guns, trailer versions of passenger guns and commercial guns with higher cost performance are introduced, and the market guidance price is increased by 2000 yuan on the four-wheel drive AT models of passenger guns and commercial guns. This also means that the whole car system has laid out trailer models. It is reported that the trailer version has powerful functions, has the towing qualification of C6 driving, and is equipped with 2.5-ton trailer qualification, trailer power inlet and trailer installation port, which can infinitely expand the use scenarios of towing, including transporting motorcycles, towing yachts, motor boats, etc., and strive to meet the different needs of consumers.

In addition, models such as "black bomb", "artillery" and "locomotive gun" have been derived to accurately deal with various sub-fields. It can be said that the birth of, opened the era of China pickup truck 3.0 ride, and its ride comfort, diversified convenience and multi-purpose practicality have been recognized by more and more consumers. Once upon a time, consumers loved cars, but now they are moving closer to SUVs. Who knows that the future will not be the era of pickup trucks? The change of automobile consumption concept may bring new life to pickup trucks.

More importantly, with the relaxation of local policies on pickup trucks, some areas have been lifted, and many pickup trucks can be seen in cities. According to statistics, at present, more than 70% cities in China have relaxed the restrictions on pickup trucks entering the city. We are constantly exploring and researching in the sub-field of pickup trucks, so that the gun can be upgraded into a versatile player who is suitable for business and living, and the pain points of consumers can be identified with one blow.

Xiaobian language

The city is not limited, so that pickup trucks can be reborn. In fact, since the pickup truck positioning was opened from the original commercial to passenger positioning, the good momentum of pickup trucks has gradually come. In this unprecedented era of great change, the automobile industry is welcoming a subversive transformation. As a self-owned brand, the automobile seizes the opportunity and makes a new start. As the benchmark of pickup truck market, it is gradually becoming the new business card of China brand in the world. Let’s call! Call for China!

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According to the requirements of the Municipal Party Committee on the deployment of thematic education and the arrangement of Daxing investigation and research, on the morning of December 19th, Suzhou Women’s Federation held an exchange meeting on the results of thematic education research, and Yang Jinsong, Party Secretary and Chairman of the Municipal Women’s Federation, presided over the meeting and delivered a speech. The Fifth Steering Group of the Municipal Party Committee’s Theme Education and the Discipline Inspection and Supervision Group of the United Front Work Department of the Municipal Commission for Discipline Inspection attended the meeting for guidance. All party member cadres of the Municipal Women’s Federation attended the meeting.

At the meeting, the members of the leadership team of the Municipal Women’s Federation exchanged views on the background significance, the situation in the investigation, the problems found and the countermeasures proposed around the research topics such as "Research on the current situation of family education guidance service in Suzhou" and "Facing the new era and new requirements, how women’s federations can play an active role in the anti-domestic violence work". At the same time, around the positive and negative typical cases to carry out analysis, talk about experience, talk about understanding, find shortcomings, find gaps, and draw inferences to promote the overall improvement of women’s Federation work. At the meeting, the list of transformation and application of research results was discussed collectively.

The meeting pointed out that since the launch of the second batch of theme education, members of the leadership team of the Municipal Women’s Federation have earnestly practiced the "four basic units", focused on the key work and major problems of the Women’s Federation, and combined the overall work with small incisions to study and determine two research topics and two typical cases. We adopted the "four noes and two straights" research method to go deep into communities, rural areas, enterprises, schools and new employment groups, and comprehensively used the methods of field visits, discussion and exchange, questionnaire surveys, random spot checks, and access to materials to find out the situation, identify problems and put forward countermeasures, forming a number of research results with in-depth thinking, practical exploration and systematic thinking, which laid a solid foundation for further promoting the high-quality development of women and children.

会议强调，要继续在学用结合上下功夫，进一步学深悟透习近平总书记关于调查研究的重要论述，坚持把调查研究作为一种思想方法和工作方法，内化于心、外化于行，切实把学习成果贯穿在妇女儿童工作的全过程。要继续在查改贯通上下功夫。要对照调研成果转化运用清单的工作举措，逐项抓好转化落实，举一反三解决问题。坚持深查细照，加强跟踪问效，确保调查研究的“问题清单”转化为工作实绩的“成效清单”和妇女群众的“满意清单”。要继续在常态长效上下功夫。要大力弘扬妇联组织下基层、访妇情、办实事的好作风，将调查研究中积累的经验转化成制度化的成果，推广形成生动实践，围绕当前重点工作任务，迎难而上、积极作为，进一步推动宿州妇女儿童工作高质量发展。

As the most popular game type on the market at present, in 2022, RPG fans played many excellent works such as Eldon’s Ring and Horizon: The Desperate West. At the end of the year, foreign media Gamerant recently selected the top ten RPG works in 2022. In addition to the above two works, The Lost Ark and The Legend of Pocahontas: Arzeus were also selected for this list.

Echo of chains

On the stage of the fantasy world of Varlandis, players will travel through various landscapes, from the weathered plateaus and exotic islands to the sunken cities and forgotten dungeons for adventure. Sword and magic combined with mechanical fighting are the characteristics of this work.

Eldon’s Ring of Law

The Elden Ring is an action RPG game based on the orthodox dark fantasy world. Go into the vast scene and underground maze to explore the unknown, challenge the difficult dangers and enjoy the sense of accomplishment when overcoming difficulties. Not only that, but also the group drama composed of the interests of the roles on the stage is not to be missed.

The flame coat of arms is unparalleled: romantic.

The flame coat of arms is unparalleled: romantic, romantic and snowy, which was jointly developed by Omega Force and Team Ninja and released by Glorious Tekumo Games. The story background is the same as that of the flame coat of arms: romantic and snowy, and the three heroes are separated from each other. This book inherits the romantic world outlook and role, but the direction of the story may have a new development that has never been seen before.

Horizon: Desperate West

In Horizon: The Despair of the West, eloy, a robot hunter, goes to the West to investigate a deadly mysterious disease. In the unknown danger of the west, she will meet strange new tribes and more deadly machines. Accompanied by old faces and new friends, she has to explore this new territory bravely and find out the answers needed to save life on earth.

The lost ark

The Lost Ark is a free MMO-ARPG game made by unreal engine 3. Players will embark on an adventure in a vast and dynamic world. You can explore new continents, find lost treasures, and challenge yourself in fierce and thrilling battles.

Marvel Comics’s Son of the Night

Children of the Night in Marvel Comics is set in the dark side of the Marvel universe. Players will fight against evil supernatural forces. Heroes need to unite and form a team to survive in the dark world. They are the last line of defense of the earth, and they need to stop Lilith, the mother of the devil, from fulfilling her evil prophecy. Together, they summoned the ancient warrior hunter, Lilith’s abandoned son and the only hero who ever defeated her.

The Legend of Pocahontas: Arzeus

The adventure stage of The Legend of Pockmarked Dream: Arzeus is a "Xicui Area" featuring vast natural landscapes. It was in ancient times before there were concepts such as Pockmarked Dream Trainer or Pockmarked Dream Alliance, and this place will eventually be called "Shenao Area". The purpose of the protagonist’s adventure is to make the first treasure and dream picture book in this area.

The rise of steel

The Rise of Steel is an action role-playing game with the French Revolution as the background. In 1789, Paris, the city was shrouded in a haze of fear. Louis XVI led his cold-blooded mechanical army to suppress the Great Revolution. As a miracle of mechanical engineering, Egeus shouldered the important responsibility of resisting the ingenious robot army under the king and changing the historical process.

Triangle strategy

The story of "Triangle Strategy" will revolve around the conflict between salt and iron in three countries. The story stage is the war-torn mainland of Nozelia, and players are forced to make difficult decisions. Various choices and actions in the game will accumulate "beliefs" based on the three values of utility, morality and freedom, thus affecting the plot direction and the participation of comrades. Where will your justice lead?

Blade of otherness 3

The story of Blade 3 tells the story of six young girls who belong to two hostile countries, Corvis and Agnus, and is about to start a life-oriented story. The stage of the story, Ionion, has a magnificent natural environment, huge protozoa, and a giant mobile weapon, Iron Giant God, which is used as an army stronghold.

At 00:00 on October 16th, Beijing time, the 10th round of Serie A ushered in the Turin Derby, and Turin played at home against Juventus. Vlahovic scored the only goal in the game, Keane missed the goal, Locatelli made a long shot and Bremer was suspected of injury. After the game, Juventus won Turin 1-0, ending the two-game losing streak in all competitions.

In the 14th minute, Radonic made a long shot from the right in the frontcourt, and szczesny held the ball firmly.

In the 23rd minute, Turin once again tested Juventus’ defence with a long shot.

In the 32nd minute, Radonic’s long-range shot on the left side of the frontier of the restricted area slightly missed.

In the 34th minute, Moise Keane dived through Turin’s defense line. After Vlahovic got rid of the tackle, his shot was saved by Turin goalkeeper. The long-range shots of Lotteri and Labio were saved by milinkovic.

At halftime, Turin drew Juventus 0-0 at home.

In the second half, Yi Bian fought again. In the 49th minute, Kostic made a low cross from the left, and Turin players almost made an own goal.

In the 50 th minute, Kostic made a cross from the left, Vlahovic shot and kicked, and Rocatelli fired a long shot from outside the restricted area to hit the rebound ball. milinkovic bravely saved the ball from the bottom line.

In the 52nd minute, Bremer was suspected to be injured, and then was replaced by bonucci.

In the 58th minute, Vlashic’s low shot from his left foot in the restricted area was defused by szczesny.

In the 60th minute, lazaro rocked continuously on his bicycle to get rid of cuadrado and broke into the restricted area along the bottom line. Then a small angle shot was blocked by Juventus players.

In the 62nd minute, Kostic made a low cross from the left side of the frontcourt, and Keane pushed the shot out of the near corner, thus missing the opportunity to score.

In the 72nd minute, lazaro slanted behind Juve’s left flank, Vlashic made a cross from the bottom, and Milan Chuk shot with his left foot.

In the 73rd minute, Kostic made a 45-degree cross from the left in the frontcourt, and Vlahovic threw his head and was saved by Turin goalkeeper.

In the 74th minute, cuadrado took the penalty and made a cross from the right corner of the frontcourt. Danilo headed the ball, and Vlahovic was alert to send the ball into the net. Juventus led 1-0!

After the game, Juventus beat Turin 1-0 away.

Turin (3- 4-1-2): 32-Vanya-Milinkovic-Savage /26- Gigi (79’6- Zima), 3-Scholes, 13- Ricardo Rodriguez /34- Eina (79’17- Singo), 10- Lu

Non-substitute: 1- Berisha, 89- Jermelo; 2- Beye, 4- Bunogino, 14- ilhan, 21- Mitchell-Adobo, 23- Seck, 27- Viyoda, 28- Samuele-Richie, 36- Gabbert.

Juventus (3- 5- 2): 1-szczesny /6- Danilo, 3-Bremer (52’19- bonucci), 12- Alex Sandro /11- cuadrado, 8- mckenney, 5-Rocatelli, 25- Labio, 17- Kostic /9- Vlahovic.

Non-substitute23- Pinsoglio, 36- Palin; 15- Gatti, 24- rugani, 20- Mireti, 44- Faccioli, 30- Sulai, 43- Yiling