Recently, "accelerating the development of new quality productive forces" has become a hot topic. In the 2024 Government Work Report, it was proposed that we should vigorously promote the construction of a modern industrial system, accelerate the development of new-quality productive forces, give full play to the leading role of innovation, promote industrial innovation with scientific and technological innovation, accelerate new industrialization, and improve total factor production.

In the field of travel, high-tech, high-efficiency and high-quality technological innovation is cultivating new quality productivity and providing passengers with a travel experience of "technology shines into reality".

T3′ s innovation-driven development ability has been continuously improved, and new industries have been actively cultivated, which not only effectively improves the service quality, but also makes outstanding achievements in low-carbon development and social employment promotion. According to the 2023 Travel Consumption Report released by T3 Travel, the cumulative order volume of T3 Travel in 2023 increased by 160% year-on-year. During the Spring Festival this year, the overall taxi travel demand of passengers increased by 254.5% year-on-year.

Launching a "building" model, autonomous driving is more "smart"

Relying on the real travel data of sea volume, T3 Travel and China Telecom jointly built the first large-scale travel ecological model in China-"Qianmo", and took the lead in putting "Artificial Intelligence+"into the field of mobile travel.

It is understood that with its excellent data processing ability and high-precision algorithm, the big model can not only flexibly respond to the changeable and complex scenes and needs of the travel industry, but also optimize operational efficiency, enhance passengers’ travel experience, and even realize the in-depth insight and accurate prediction of autonomous driving scenes, thus promoting the intelligent development of autonomous driving technology and making it more "smart".

Behind this is the automatic driving field of T3 travel continuous layout. In 2020, T3 Travel teamed up with more than 30 partners, including Suzhou High-speed Rail New City, vehicle companies and technology companies, to take the lead in establishing the first domestic autonomous driving ecological operation alliance-Shantou Alliance. In September, 2021, Robotaxi (self-driving taxi) project was launched together with canoe Zhihang. Up to now, the cumulative mileage of T3 self-driving taxi project has exceeded 600,000 kilometers, attracting more than 80,000 people’s experiences. In the next step, T3 Travel will continue to operate self-driving taxis in other cities.

Alex Xiao, the person in charge of T3 travel autopilot business, said that autopilot technology has strong adaptability with online car service. "Safety is the most important consideration in service quality. Self-driving vehicles reduce human errors through advanced sensors and algorithms, such as speeding, fatigue driving and distraction. " Alex Xiao said, "Autopilot technology will increase the frequency of individual vehicle services and improve operational efficiency. With the policy supervision and mature technology, unmanned self-driving travel service operation will become possible, and the vehicle service cycle will be extended. In the long run, labor costs will be reduced, and passenger travel costs will be gradually reduced. "

Joint carbon Pratt & Whitney platform to refresh the new experience of green travel

"This platform can be exchanged for prepaid phone bills or subway tickets, and now it can also directly exchange emission reductions into digital RMB wallets. This activity can inspire us to choose a greener way to travel. " Ms. Zhang, a citizen of Qingdao said.

From the end of 2023, passengers in Shanghai and Qingdao will choose to travel by T3 and take new energy vehicles, and they will get corresponding carbon inclusive emission reduction. In the two applications of "Green Carbon Bank" and "Shanghai Carbon Bank", these emission reductions can be converted into digital RMB in real time. Among them, Qingdao passengers can get 153 grams of carbon emission reduction per kilometer on the platform of "Green Carbon Tour" when they travel in T3, and users in Shanghai can get 100 grams of carbon emission reduction per kilometer on the platform of "Shanghai Carbon Tour". After collecting this emission reduction, passengers can exchange it for low-carbon rights such as digital RMB or travel vouchers in real time.

The activities jointly launched by the two carbon inclusive platforms of "Green Carbon Bank" and "Shanghai Carbon Bank" have won wide acclaim. It is understood that T3 travel has landed carbon inclusive platform cooperation in many cities, which not only brings intuitive green travel achievement to passengers, but also contributes to urban emission reduction. In July 2023, T3 Travel announced that it would jointly promote the construction of a "green travel service system" with Chongqing’s "Carbon Huitong" platform, and realize the opening of accounts between the two parties. Chongqing passengers can obtain carbon emission reduction by using T3 to travel in new energy vehicles. Wuhan Carbon Pratt & Whitney comprehensive service platform "Wutan Jianghu" was officially put into operation, and T3 Travel became the first partner of the car industry of Wutan Jianghu.

T3′ s trip was also recognized by the authorities. In the "2022-2023 Low-carbon Model Unit of Urban Transport" collection activity initiated by China Urban Public Transport Association, the "Low-carbon Application Scheme Based on Big Data Technology of Internet Car" created by T3 Travel became one of the 28 selected cases; "Digital application case of carbon footprint of network car" was selected as a typical case of digital technology enterprises in 2022.

Practice social responsibility and smooth flexible employment channels

On March 19th, during the spring recruitment season, at the recruitment point of No.18 Xianyao Road, Qixia District, Nanjing, the recruitment of drivers for T3 trip to Nanjing was under way.

"In the spring of 2023, we provided 100,000 flexible jobs. This year, we recruited for 80 operating cities across the country, and the number of jobs increased to 120,000, a year-on-year increase of 20%. " Guo Hui, head of T3 Travel Service Center, said. Previously, T3 Travel also launched targeted recruitment for retired soldiers, silver-haired drivers and other groups. On December 21st, 2023, the Department of Veterans Affairs held the signing ceremony of the fourth batch of veterans employment cooperation enterprises in Beijing. Many enterprises, such as T3 Travel, will open more than 264,000 high-quality jobs for veterans in 2024, and provide special promotion channels for career growth.

According to the agreement, T3 will actively follow the principle of giving priority to recruitment, and devote itself to providing a series of flexible employment positions that are in line with its geographical and academic characteristics and are well paid. In 2024, T3 plans to open more than 1,000 network car driver positions to meet the employment needs of more retired military personnel. At the same time, T3 Travel will also set up a special career promotion channel for retired soldiers. Individuals with outstanding performance will have the opportunity to be promoted to important positions such as captain, manager and vehicle manager, and further expand their career development path.

In addition, in many public welfare activities organized by T3 travel platform, such as caring for the test team, AED team and "Baby Going Home" team looking for missing children, the retired soldiers also actively participated and made selfless contributions, explaining the spirit of retirement with practical actions.

Liu Zhihua, a driver who traveled to Qingdao at T3, said that he had been engaged in the automobile tire industry in his hometown in Jiangxi before, and later went to Qingdao to look for opportunities, and first found an industry transition. It was undoubtedly the best choice at that time to get a car online. He said: "I leave at five or six o’clock every morning, and now the monthly running water can reach 15,000 yuan, and the net income exceeds 10,000 yuan. I feel that I can increase my income with hard work." Liu Zhihua is full of confidence in the future. "I plan to work for another few years and bring my family to Qingdao."

"The network car industry has become an important channel to promote employment. We will continue to expand employment supply, improve the driver security system, help stabilize employment, ensure employment and promote development. " Cui Dayong, CEO of T3 Travel, said.

The Hobbit: The Battle of the Five Armies is being shown in China, The Avengers 2 and Star Wars 7 are ready to go, and the domestic blockbuster Sima Migration 2015 has come to an end. We don’t know yet whether the series "shoots a sequel"; We also don’t know the specific identity of the director "The Little Soldier". On the evening of January 23rd, local time, Si Manan unveiled the mystery of the "immigration situation" at the North American Chinese Spring Festival Gala on International Satellite TV (ICN), and released several photos of him as a guest at this Spring Festival Gala through Weibo. The irascible old man Sima laughed at himself in Weibo: "Why did Si Manan become Sima Yi?"

The finale of Sima Immigrants 2015

Si Manan expressed his thanks to Observer.com for paying attention to this series of events by voice. He also told Observer.com that he originally wanted to clarify this online rumor two days in advance, but the television station (ICN) thought that it would be better to have such an opportunity to explain it on the spot under the witness of many important American media, and he himself agreed to this arrangement. An interview session was added to the "Happy Spring Festival North America 2015 Hollywood China New Year’s Party", which allowed Si Manan to answer three questions: one was his personal immigration problem, and the other was the reason why he landed on North American TV as the host of China to make the program "Sima Vernacular"; Third, the differences between Chinese and American folk festivals.

Si Manan responded in Weibo.

How did this farce end? Si Manan has just recorded some live conversations through the long article "My Explanation (Part II)-Sima Yi (Shift) Phenomenon" published by Weibo. This article not only discriminates and refutes rumors, but also raises thoughts on Sino-US relations and the management of personnel exchanges between China and the United States. The excerpts of Observer Network are as follows:

Tonight, celebrities from all walks of life in the United States and Los Angeles gathered together to dress up for the 2015 North American Chinese Spring Festival Gala.

In front of the officials of the China Embassy and Consulate, in front of 600 or 700 live audiences, in front of major media reporters, Mr. Jason, a famous TV presenter, asked sharply: "I heard that Mr. Si Manan also immigrated to the United States?"

A: "No."

"Really? How did I hear that you immigrated to America? "

A: "I have never immigrated, and I don’t intend to immigrate. My family has not immigrated … I think it’s good to be Chinese."

The audience gave me warm applause. "Of course, I’m not saying that immigration is not good." (Laughter and applause)

"Then where did you do your talk show? What are you doing in America? "

"The talk show" Sima Vernacular "broadcast by lCN International Satellite TV in the United States was recorded in Beijing. I came to the United States this time to participate in the North American draft of China CCTV Avenue of Stars and served as a judge in new york and Los Angeles."

The live photos of Weibo, the old man, are almost all taken with beautiful women at home and abroad, which is very embarrassing.

I asked Jason, "What did you just call me?"

Jason suddenly froze. He was a little uncertain and hesitated to say, "Did I say something wrong? Your name is Si Yima Nanyi, right? "

"Oh, Si Manan, that was my previous name. Now I’m going to change my name to Sima Yi. Do you know why?"

Jason is a clever boy, and he has come to his senses. "Oh, I know, I know, you are talking about the migration of immigrants."

"Yes, in the past few days, people have said that Si Manan has immigrated, and they have a nose and eyes. I don’t care about this repeated immigration. I am afraid that the officials of the US Immigration Bureau can’t stand it. They are bored!"

The audience laughed and laughed happily.

"What’s the rating of your program Sima Vernacular?"

"The program" Sima Vernacular "was originally rated well, because it is a daily broadcast program closely related to current politics, and it is broadcast on time at nine o’clock every night, plus two reruns, which is an original talk show with high density. Recently, rumors about Si Manan immigrants have been constantly fermented on the Internet, which has caused more people to care about Sima vernacular, and the ratings have been unexpectedly greatly improved.

"Your question reminds me of something I experienced before Linlai. This time I came to the United States for a face-to-face interview, the visa officer asked me about my occupation, and I said that I was a TV presenter. He asked,’ What program is hosted?’ I said,’ In the United States, ICN International Satellite TV hosts the program "Sima Vernacular." He looked at me and then asked,’ Your name is Si Manan, and your program is called Sima Vernacular … Is this program good?’ I can’t boast that the program is good, which is suspected of selling melons. So I replied:’ Let’s put it this way, as a visa officer, it would be a great pity if you didn’t read it.’ The visa officer said,’ OK, I’m going back to see it now. If it doesn’t look good, I’ll cancel your visa! Then he gave me the visa with a smile.

"In this way, I got a visa to the United States valid for ten years …"

I am grateful to my friends for their concern about my emigration to the United States. Some people support my emigration to the United States, some people make rumors that I have emigrated to the United States, some people believe the rumors, and on the basis of the "facts" woven by the rumors, many irresponsible and even personal attacks are made. Because the premises on which it is based are all false, these wonderful arguments are naturally untenable.

The 2015 Chinese Spring Festival Gala in North Si Manan is a multicultural carnival. I am grateful to the organizers for giving me an opportunity to personally clarify the various rumors about "immigrants" that have been fermenting on the Internet in recent days.

……

The fact is obvious. Whether Cui Yongyuan, Ren Zhiqiang and other people involved in making and spreading rumors about Si Manan’s immigration to the United States admit their mistakes has little influence on the fact itself and Si Manan himself. There is only one possibility to insist on not admitting mistakes and let people see through the shameful things behind their beautiful moral robes.

Sino-US relations are the most important bilateral relations in the world. One is the largest developed country, and the other is the largest developing country. The top leaders of the two countries have proposed that in order to establish a new type of relationship between major powers, there are both common demands, common interests and common concerns in the relations between the two countries, and there are different development orientations and value orientations, so stumbling is indispensable.The exchanges between the two countries, including personnel exchanges, are an important aspect of close relations between new powers. Freedom of movement of citizens is an extremely private topic on the premise of abiding by the laws of the two countries.

Some well-known people in China who are bent on crashing into a wall and sinking a ship have selectively politicized the immigration issue and violently kidnapped it. Obviously, when they ganged up to attack their political opponents, they completely ignored the facts and fabricated them at will, forgetting the moral golden rule of not doing to others what they want them to do. In this way, the moral bankruptcy is not the object of their attack, but just themselves.

Some people are curious, why do those people smear you every day?

It’s a long story for a child without a mother. You will know how many people I have offended in the Jianghu if you look at my writing for more than 20 years. How many people have I offended on political and ideological issues? I am different from those "enlightened gentlemen" who cherish feathers within the system. For those who slander China’s fundamental political system, Si Manan is a heinous and vicious enemy, because he is a sniper who jumps out of the trenches and fights with open flames.

Facts need to be clarified, and after all, facts speak louder than words. Clarified facts speak louder than words, which will help convince those who are in the middle. However, for those who have lost face again, this move will only arouse a new round of even crazier roar and resistance.

(January 23, 2015, Los Angeles time, 1:39 am)

Observer Network has never given up its efforts to find "That Little Soldier". According to Xiaobian’s latest discovery, his more specific and reliable identity is a columnist of "BWCHINESE Chinese Network", and the actual meaning of "That Little Soldier" is to compare himself with Lei Feng and hope to become a "soldier like Lei Feng". The brief introduction of "The Little Soldier" column "Economics of Human Nature" is as follows:

When economics becomes gambling, it loses common sense and conscience instead of skills and patterns. As a folk "economist", what I expect is to share my feelings, sadness and joy, expectation and disappointment with the public, which is much more meaningful than the author’s American famous degree. That little soldier is here to prove that he is indeed a soldier like "Lei Feng in Economics" in this era.

　　The Company and all members of the Board of Directors guarantee the truthfulness, accuracy and completeness of the information disclosure, and there are no false records, misleading statements or major omissions.

　　On February 18th, 2024, the National Internet Information Office (hereinafter referred to as "the Internet Office") announced the fourth batch of filing information of deep synthesis service algorithms, and Fangxin Technology Co., Ltd. (hereinafter referred to as "Fangxin Technology"), a wholly-owned subsidiary of Jincai Internet Holdings Co., Ltd. (hereinafter referred to as "Fangxin Technology"), filed the "Xinzhiyue Finance and Taxation Model Algorithm" through the deep synthesis service algorithm. The relevant information is hereby announced as follows:

　　I. Relevant information about the filing of "Xinzhiyue Finance and Taxation Model Algorithm"

　　According to the requirements of Article 19 of the Regulations on the Management of Deep Integration of Internet Information Services issued by the Information Office of the People’s Republic of China, deep integration service providers with public opinion attributes or social mobilization ability shall go through the filing, alteration and cancellation procedures in accordance with the Regulations on the Management of Internet Information Service Algorithm Recommendation. Fangxin Technology applied for filing the "Xinzhiyue Finance and Taxation Model Algorithm" to the Internet Information Office in accordance with the requirements of relevant regulations. The contents of the filing are as follows:

　　Second, the basic situation of "Xinzhiyue fiscal and taxation model algorithm"

　　The "Xinzhiyue Finance and Taxation Model Algorithm" model for this record was signed by Jincai Internet and a third-party general model company in September, 2023. Xinzhiyue Finance and Taxation Model relies on the rich finance and taxation knowledge accumulated by Jincai Internet for many years, follows the principle of "safety, kindness, credibility and controllability", takes Pangu Model as the base, uses a large amount of finance and taxation data for training and optimization, and is mainly applied to dialogue generation scenarios. According to the consultation text or input by users,

　　Based on Xin Zhiyue’s fiscal and taxation model, the semantic understanding and reasoning ability in fiscal and taxation field, combined with fiscal and taxation professional knowledge, provide intelligent online fiscal and taxation knowledge consultation, policy and regulation interpretation, case analysis, risk intelligent diagnosis, tax and fee calculation and other services for business owners and fiscal and taxation practitioners. While improving the efficiency of user consultation service, it also improves the user experience, so as to improve the quality and efficiency of service.

　　Third, the impact on the company

　　This algorithm has been put on record by the Network Information Office. The company will continue to extend the practical innovation based on Xinzhiyue big model to the enterprise business system, connect business management with ticket finance and taxation, and build an intelligent digital tax agent to help enterprises achieve "compliance, reduce burdens and increase profits", which is of positive significance to the company’s subsequent product launch and business development.

　　Fourth, risk warning

　　1. The application product of the company’s "Xinzhiyue Finance and Taxation Model Algorithm" is TaxGPTs, which is still in the trial stage and has not affected the company’s operating performance yet.

　　2. This filing is only a necessary procedure for relevant institutions to perform according to relevant laws and regulations, and the passing of filing does not mean the approval of our products or services.

　　3. In the research and development process of artificial intelligence related technologies, the company is faced with the requirements of technical update iteration, which has certain uncertainty, and there is still great uncertainty as to whether the expected effect can be achieved in the future.

　　4. In the future, as more enterprises and technical teams launch large model products, the competition in the field of artificial intelligence may be further intensified.

　　The company will strictly comply with the provisions and requirements of relevant laws and regulations, earnestly fulfill its information disclosure obligations and do a good job in information disclosure in a timely manner. Investors are requested to invest rationally and pay attention to risks.

　　It is hereby announced.

　　Board of Directors of Jincai Interconnection Holdings Co., Ltd.

　　February 20, 2024

The business review of the Board of Directors of Chuangyuan Xinke in 2022 is as follows:

　　I. Business Summary

(A) business model

Chuangyuan Xinke (Shanghai) Technology Co., Ltd. is a professional instrument company focusing on developing RF communication test instruments and providing overall test solutions. The company focuses on enhancing the potential energy construction of wireless test instruments, mainly developing wireless communication test, vehicle networking test and wireless communication equipment. It has its own brand and a series of core patented technologies of test instruments, integrating R&D, production and sales. It is a high-tech enterprise with completely independent intellectual property rights, and won the special prize of National Science and Technology Progress Award in 2016 and the first prize of Jiangsu Science and Technology Award in 2020. The company has a strong R&D team, the core of which has many years of R&D experience in mobile communication, RF microwave, radio monitoring and navigation testing. The company’s main products include signal analysis and spectrum analysis series, signal simulation and signal generation series, radio monitoring and Beidou navigation test series, vector network analysis series, wireless network test and channel simulation series, and it is a representative enterprise of high-end wireless communication test instrument industry in China.

For many years, the company has undertaken the development tasks of the national "New Generation Broadband Wireless Mobile Communication Network" major science and technology special project, Shanghai high-tech industrialization special project, strategic emerging industry development special project, scientific and technological innovation action and other research tasks, undertaken the continuous construction task of Shanghai wireless communication test instrument engineering technology research center, comprehensively carried out the research on 5G/6G and millimeter-wave communication test technologies, and participated in the formulation of national 5G/6G millimeter-wave test specifications and standards. At present, we are cooperating with Shanghai Institute of Advanced Studies, Chinese Academy of Sciences to undertake the project of "prototype testing and verification of 6G basic chips for new networks", and actively deploy 6G testing, which has enhanced the company’s long-term core competitiveness.

By adopting the mode of "Industry-University-Research" technical cooperation with universities, Dongda-Chuangyuan Electronic Measurement Technology Research Center, which was co-founded with Southeast University, has entered the third phase of cooperation (research and development of microwave, millimeter wave, terahertz and communication measurement technology and instruments), and established an advanced satellite navigation technology collaborative innovation technology center with a famous university in China to ensure the technical reserve and talent echelon construction ability, and ensure the technical innovation and sustainable development ability.

The company is customer-oriented and provides leading test products and overall solutions. According to different product characteristics, the company adopts direct sales, distribution and online sales marketing models respectively.

During the reporting period, the company’s business model did not change much.

From the reporting period to the report disclosure date, the company’s business model has not changed.

Second, the operation review

(1) Business plan

In the first half of 2022, the company optimized the "1+3" development strategy and enriched the company’s business sectors. However, due to the epidemic situation in novel coronavirus, Shanghai, according to the requirements of the Shanghai government’s epidemic prevention and control, from March onwards, employees’ living places were temporarily closed and controlled, and they could not work normally. From April 1st, the company’s headquarters in Shanghai and the living places of all its employees in Shanghai were under temporary closure management, and they were unable to work normally. From June 1st, the company resumed normal production and business activities, which had a certain impact on the company’s operation in the first half of 2022. In the first half of 2022, the company realized an operating income of 136,445,400 yuan, a year-on-year decrease of 27.73%; The net profit attributable to shareholders of listed companies was 11,564,900 yuan, a year-on-year decrease of 55.22%. As of June 30, 2022, the company’s total assets were 1,021,360,100 yuan, a year-on-year increase of 4.84%. The basic earnings per share was 0.08 yuan, a year-on-year decrease of 55.56%.

1. Optimize the company’s "1+3" development strategy and change the company’s full name and securities abbreviation at the same time.

The company held the 15th meeting of the sixth board of directors on April 8th, 2022, and deliberated and passed the Proposal on Optimizing the Company’s "1+3" development strategy. Based on the needs of the company’s positioning and long-term development planning, and in line with the company’s main business development and strategic planning, the company’s long-term development strategy was optimized. The optimized "1+3" strategy "1" refers to the potential energy construction of continuous wireless communication test instrument technology.

(1) Wireless communication test: that is, the wireless communication test instrument business mainly based on 5G/6G communication, Beidou navigation and semiconductor radio frequency;

(2) Vehicle networking test: namely, vehicle networking communication test business mainly based on C-V2X and automotive electronics;

(3) Wireless communication equipment: namely, communication equipment business mainly consisting of wireless detection equipment, millimeter wave module and satellite communication transmission module.

In order to better adapt to and clearly reflect the core technology of the company’s products, future positioning and long-term business development direction, the company’s securities abbreviation and full name were changed, and the company was renamed as "Chuangyuanxinke (Shanghai) Technology Co., Ltd.", and the securities abbreviation was "Chuangyuanxinke", and the securities code remained unchanged.

2. Continuously improve the research and development strength.

The company focuses on R&D investment in 5G/6G and millimeter wave, constantly develops new products and promotes rapid iteration of original products, so as to enhance the core competitiveness and sustainable profitability of enterprises. During the reporting period, the company spent 94,050,400 yuan on R&D, accounting for 68.93% of its operating income. During the reporting period, the company applied for 21 patents, including 10 invention patents, 1 utility model, 10 design patents and 1 soft one. By the end of the reporting period, the company had applied for 390 patents at home and abroad, including 251 invention patents, accounting for 64.36%, and 196 authorized patents, including 74 invention patents, 83 utility model patents and 39 design patents, with software copyright. During the reporting period, the company completed the following key projects and products: l5G air interface signal analysis instrument research and development project: the research and development results of this project can realize the two-way testing of analog terminal network and analog network terminal, break through the technical monopoly of foreign companies, promote the commercialization process of domestic 5G technology, and form a complete testing solution for China’s 5G industry chain, which has important strategic significance; LavaSig signal generation software: the newly released Lavasig software is a signal generation software with high integration, flexible configuration of multiple parameters and strong versatility. Using this software can help users easily generate various digital modulation signals,It includes all standard communication standard signals such as GSM/EDGE/TD-SCDMA/WCDMA/TDD-LTE/FDD-LTE/NBIOT/Lora/5GNR/C-V2X, as well as general digital modulation, analog modulation, arbitrary wave I/Q modulation, pulse modulation and other signals to meet the user’s multi-scene signal generation and use requirements; LGeneMini hand-held signal source adds new functions of vehicle networking: With its years of technical accumulation in the field of mobile communication, the company upgraded the GeneMini hand-held signal source completely, enabling it to support the generation of LTE-V2X standard signals applied to vehicle networking, expanding the signal source’s support for V2X, helping networked automobile manufacturers and Tier1 manufacturers to carry out research and development, verification and testing of C-V2X communication functions, and helping the industrial technology landing of C-V2X and the implementation and deployment of advanced technologies.

3, G60 science and technology corridor Chuangyuan Group headquarters base construction project

The company established Shanghai Chuangyuan Cornerstone Enterprise Development Co., Ltd., and plans to purchase the land use right through "bidding, auction and hanging". The establishment of Chuangyuan cornerstone and the purchase of land use right by the company’s foreign investment this time are based on the company’s overall development strategy in the future and provide necessary basic conditions for the company’s sustainable development in the future. The construction of G60 Science and Technology Corridor Chuangyuan Group Headquarters Base is conducive to the company’s long-term planning and development, and will enhance the company’s comprehensive strength and competitiveness in the future.

4. Continue to expand domestic and international markets.

With excellent talents, ingenious brands and rich products and solutions, we will continue to deepen cooperation with our original customers and increase the efforts to explore new markets. In the field of national defense industry and special communication, we have made great achievements through intensive cultivation and constantly exploring new customer markets. In the field of semiconductor front-end and back-end testing, sales performance has been greatly improved by constantly introducing new solutions and expanding customer base. During the reporting period, the company participated in the 2022 China Intelligent Networked Automobile Innovation Achievement Conference (CICVIAC2022) co-sponsored by the Electronic Department of the Ministry of Industry and Information Technology, Chongqing Economic and Information Technology Commission, china electronic chamber of commerce and China Automotive Engineering Society, China Automotive Engineering Research Institute Co., Ltd., China Automotive Informatization Promotion Industry Alliance, Chongqing Investment Promotion Bureau and Beijing Zhongqi Zhilian Technology Co., Ltd., As a professional instrument company that independently develops wireless communication test instruments and provides integrated test solutions for 4G/5G/C-V2X, the company participated in this grand meeting to discuss the technical development trends, opportunities and challenges of intelligent networked automobile industry with industry enterprises, and jointly promote the development of intelligent networked automobile industry towards higher technology. As the key product of this exhibition, the coverage and performance test scheme of 4G/5G/C-V2X has been inquired by many visitors. During the reporting period, the epidemic situation in China was still grim. In order to overcome the unfavorable factors caused by the epidemic, the company carried out various forms of online technical exchanges and marketing activities.The online technology sharing meeting-VNA, the grand prize of general test and measurement application, was held, and "618" held many online marketing activities, making full use of network resources to help the company build its brand and expand its business needs.

(2) Industry situation

The global market pattern of wireless communication test equipment is relatively concentrated, and the key technologies are mastered by a few foreign giant manufacturers. Under the background of accelerating the construction of domestic wireless communication and the support of national policies, domestic substitution has become an important way for independent innovation and development, and the development of wireless communication test equipment and other industries in China will catch up in the future.

I. Overview of Industry Development

(A) the industry environment

5. Honors won

L Won the TOP100； of Shanghai Hard Core Technology Enterprise in 2022; L obtain AAA credit enterprise certificate; L was rated as an outstanding contributor to talent training by Southeast University;

1, the United States to engage in monopoly frequently suppressed high-tech enterprises in China.

Since the beginning of Sino-US trade friction, since 2018, the US government has repeatedly imposed unilateral sanctions and so-called "long-arm jurisdiction" on other countries on the grounds of national security and diplomatic interests. During this period, in many key technical fields, such as transportation, communication technology, wireless communication testing, artificial intelligence, etc., more than 300 enterprises in China were technically blocked, and the acquisition of American-made goods (including goods and technologies), the supply technology and parts purchase, and the signing of contracts were suppressed. The essence behind it is nothing more than monopoly, which restricts the technological development of related enterprises in China and foreign trade.

In addition, with the gradual entry into force of epidemic prevention and control and unconventional stimulus policies, the economic recovery of all countries in the world is unbalanced and inadequate, and the world economy still faces great uncertainty, which has caused new impacts on the cooperation among countries in the Belt and Road Initiative, prompting China to pay attention to independent industrial innovation internally and actively explore new paths for the development of the Belt and Road Initiative.

2. The world will share the market opportunity of China wireless communication test equipment.

In recent years, China’s attention and support for the wireless communication and RF microwave test instrument industry has been increasing, the technical level of domestic enterprises has been continuously improved, and the advantages of domestic equipment in product cost performance and after-sales service have gradually emerged. With the rapid development of 2G blank, 3G follow-up, 4G synchronization and 5G leading, China has become one of the countries with stable global economic development and good business environment, which further promotes the localization of domestic wireless communication test equipment, especially in the field of wireless communication testing, and gradually presents the characteristics that the domestic market realizes import substitution and exports to overseas markets such as Europe and America.

3. The national revitalization policy continues to bring great opportunities to the development of the industry.

The subdivision industry of wireless communication and RF microwave test instruments is the basic and strategic industry of the national economy, which has a strong pulling effect on the national economy and has been supported by national policies. In recent years, with the formulation and implementation of a number of policies, such as Made in China 2025, Special Plan for Scientific and Technological Innovation in the Field of Advanced Manufacturing Technology in the Thirteenth Five-Year Plan, the Tenth Five-Year Plan and the Outline of Vision in 2035 (draft), China’s attention and support for this industry has gradually increased. The policy provides financial, tax, technical and human resources support for the wireless communication and RF microwave test instrument industry, and creates a good domestic business environment.

(2) Industry characteristics

1. Financial strength and technological innovation have pushed up the industry gap barrier.

Wireless communication test equipment industry is a typical knowledge and technology-intensive industry, and the factors such as technology, capital, talents and industry standard formulation lead to high barriers to entry. Due to the periodic technological changes in downstream industries, enterprises in the industry continue to invest in research and development to ensure that they remain ahead in the new generation of technology. At present, the ratio of R&D expenses/operating income of well-known manufacturers in the industry has remained above 10% all the year round.

2. The import of high-end test equipment is highly dependent.

At present, due to the fact that China’s wireless communication test equipment is still in its infancy, the market scale is relatively small in the communication and electronic manufacturing industry, and the technical difficulty and high precision are required, as well as the industry is restricted by foreign invisible technical barriers, China’s high-end test equipment relies on imports, such as German technology, Germany’s Rhodes and Schwartz, American national instruments and other foreign large enterprises, and domestic equipment is in an embarrassing situation. According to statistics, in 2020, domestic test equipment will contribute less than 30% of the income to the market of electronic measurement and test instruments, and the remaining 70% will come from imported instruments. China electronic test equipment market has a large import substitution space.

3. The iterative R&D and construction stage of communication technology has become the critical point of periodic demand.

The application scenario of wireless communication test equipment is closely related to the communication industry, mainly used in communication, electronics and other industrial manufacturing industries, which have obvious cyclical characteristics due to the influence of technical standards and changes in supply and demand. Usually, the demand for test equipment is relatively high in the development period and construction period of the new generation of communication network standards, while the procurement between the two standard periods is mainly to maintain engineering test instruments, which belong to durable goods, and the demand is relatively stable. Take the three major domestic operators as an example, the capital expenditure of each generation of mobile communication technology will maintain a rapid growth during the research and development stage and construction period, during which a large number of equipment and corresponding test equipment need to be purchased, while upstream communication equipment manufacturers, antenna manufacturers and module manufacturers also need to increase the purchase of test equipment to ensure that their products meet the requirements of the new generation of technology.

Second, the industry competition pattern analysis

(1) Development of global wireless communication and RF microwave test instrument industry

(1) Market size

1. Wireless communication test instrument market

With the continuous improvement of global industrial level and the arrival of digital era, as well as the rapid development of information technology, electronic manufacturing, national defense and aerospace and other related industries, wireless communication test instruments have formed a huge market scale. It is predicted that the global wireless communication and RF test instrument market will continue to grow steadily in the future. By 2024, the market scale will reach 88.464 billion yuan, with a compound growth rate of 5.79% from 2020 to 2024.

China’s wireless communication test and measurement instrument industry started relatively late, and there is still a certain gap with foreign leading enterprises in key technologies. In the fields of national defense science and technology such as military industry and aerospace, some national research institutes have strong technical strength, but their marketization degree is low.

In recent years, with China gradually becoming the manufacturing center of the global electronics industry, the development potential of the domestic wireless communication test instrument industry has been stimulated in combination with the domestic industry and policy trend of replacing imports. In the future, with the vigorous development of domestic wireless communication, the market scale growth rate of China wireless communication and RF microwave test instrument industry will be significantly higher than the global average. It is estimated that by 2024, the market scale will reach 25.065 billion yuan, with a compound growth rate of 13.13% from 2020 to 2024.

(B) Industry demand analysis

1. The process of 5G construction accelerates the growth of wireless communication test demand.

The R&D and large-scale commercialization of 5G are inseparable from the participation of wireless communication test equipment manufacturers. China officially issued the commercial license of 5G in 2019. At present, 5G technology is gradually turning to large-scale application. In this process, communication equipment manufacturers, terminal manufacturers and application module manufacturers need to increase the procurement of test equipment to ensure that their products meet the requirements and specifications of the new generation of mobile communication technology. Different from the traditional mobile communication technology, 5G has three characteristics: high speed, low delay and wide connection. The integration of both base stations and terminals is getting higher and higher, and the performance test difficulty and test time of 5G communication equipment are doubled. With the help of advanced test and measurement instruments, designers of downstream manufacturers can explore new signals, channels, scenarios and topological structures, and further verify the commercial capabilities of equipment and solutions, so wireless communication testing becomes more important.

The increasing demand for antenna testing in 5G base stations drives the development of test equipment industry. At this stage, the scale of China’s 5G base station construction is still showing explosive growth. According to the data of the Ministry of Industry and Information Technology, in 2021, the total number of mobile communication base stations in China reached 9.96 million, with a net increase of 650,000. Among them, there are 5.9 million 4G base stations and 1.425 million 5G base stations. Over 650,000 new 5G base stations were built throughout the year, and the number of 5G base stations in China accounts for nearly 70% of the global total. According to the data of iResearch, it is estimated that by 2024, the number of 5G base stations in China will reach 6.21 million. Because the antenna test of 5G base station needs to be completed in the shielding box, with the increase of antenna test demand, the market demand for shielding box continues to expand, and the wireless communication test equipment industry will develop steadily.

The application of 5G technology will greatly increase the demand for test equipment and solutions. According to the data released by the Global System for Mobile Communications, the number of China’s 5G network users will increase from 5 million in 2019 to 807 million in 2025, and the proportion of 5G network users will increase from 0.3% in 2019 to 47%. By then, the enhanced mobile broadband, massive Internet of Things and high reliability and low latency connection supported by 5G will drive the demand of terminal equipment for different test functions, and the demand for test solutions that can verify the performance of high-density data will also increase.

Frost&Sullivan predicts that by 2024, the global market of 5G test equipment and solutions is expected to reach US$ 2 billion, with a compound annual growth rate of 11.5%.

2. The increase in the number of Internet of Things connections enhances the market space for communication testing.

With the commercialization of 5G on a global scale, the era of the Internet of Everything has begun, and the number of terminals that need signal transmission will increase greatly in the future. It is necessary to test the equipment performance, network performance, terminal security and other aspects to realize large-scale commercial use of Internet of Things technology.

Intelligent IOT products need all kinds of communication test instruments to test and verify the products in the aspects of identification, information reading, information transmission and sharing, and the market scale of communication test has expanded rapidly. According to data released by the Global System for Mobile Communications, the total number of Internet of Things connections worldwide reached 12 billion in 2019, and it is estimated that by 2025, the total number of Internet of Things connections worldwide will reach 24.6 billion. With the increase of the number of connections and the improvement of network complexity, the difficulty of testing requirements is also increasing. At present, the main application scenarios of Internet of Things include smart city, smart transportation, smart home, industrial Internet of Things, car networking, wearable devices, etc. After the large-scale application scenarios of Internet of Things, the scale of wireless communication testing market will be greatly improved.

3. The ubiquity of Beidou satellite application enhances the urgency of product testing market demand.

At present, Beidou satellite navigation system has formed a complete industrial chain consisting of Beidou basic products, application terminals, application systems and operation services, and has been widely used in transportation, public safety, agriculture, forestry and fisheries, hydrological monitoring, weather forecasting, communication time system, power dispatching, disaster relief and disaster reduction, and other fields, resulting in remarkable economic and social benefits. According to the data released by Navigation and Positioning Association, the total output value of China’s satellite navigation and location service industry reached 403.3 billion yuan in 2020, an increase of about 16.9% compared with 2019. Among them, the core output value of the industry, including chips, devices, algorithms, software, navigation data, terminal equipment and infrastructure, which are directly related to the development and application of satellite navigation technology, increased by about 11% year-on-year, reaching 129.5 billion yuan, accounting for 32.11% of the total output value, with a slightly higher growth rate than last year. The associated output value derived from satellite navigation applications and services increased by about 19.9% year-on-year, reaching 273.8 billion yuan, accounting for 67.89% of the total output value.

With the advent of the 5G era, it will promote the ubiquity of Beidou satellite navigation user terminals in various fields of the national economy, and the quality of its products will also become one of the important factors affecting the healthy development of China’s satellite navigation industry and the formation of the application market. At present, there are many kinds of Beidou user terminals, but there are still a series of problems such as incomplete testing and errors in function, performance and reliability.

Therefore, it has become a widespread consensus and urgent demand to conduct accurate, comprehensive and standardized performance tests on Beidou satellite navigation products to ensure that their performance meets the corresponding technical specifications and the system can operate normally, reliably and stably. This will put forward higher requirements for the technical end and service end of wireless communication test equipment, and will also bring broader market demand for the wireless communication test equipment industry.

(III) Information on key enterprises in the industry

The global market pattern of wireless communication test equipment is relatively concentrated, and most of the products and important technologies are in the hands of several foreign giant manufacturers, mainly Germany Technology, Rhodes and Schwartz. The competitiveness of domestic manufacturers is slightly weak, and foreign brands occupy the overwhelming share in the China market.

However, with the increasing attention and support to the wireless communication and RF microwave test instrument industry in China, the technical level of domestic enterprises has been continuously improved, and the advantages of domestic equipment in product cost performance and after-sales service have gradually emerged. With the support of domestic substitution import policy, a number of industry leaders have gradually emerged in various segments of wireless communication test equipment in China.

1, the United States is German technology.

The United States is a leading communication testing company in the world, with more than 75 years of professional technical experience as a market leader and about 13,900 employees. The annual income is 4.941 billion US dollars, and customers are spread over more than 100 countries and regions, focusing on the field of testing and measurement.

2. Rod and Schwartz

Germany Roeder & Schwartz is a company specializing in the field of testing and measurement. It was founded more than 85 years ago, and the number of employees around the world reached about 13,000. The net income in the latest fiscal year was 2.437 billion US dollars, and it has sales and service networks in more than 70 countries/regions around the world. Provide advanced solutions in testing and measurement, secure communication, network and network security, radio, television and media.

3. CLP Koster

Zhongdian Kesiyi Technology Co., Ltd. (hereinafter referred to as "Electric Kesiyi") is the first secondary unit joint-stock company of China Electric Power Group, which is mainly engaged in the research, development and mass production of microwave/millimeter wave, photoelectric, communication, basic general measuring instruments, automatic test systems, microwave and millimeter wave components and other products. The electric instrument has been established for a long time and has strong personnel and technical strength. It is the main force of domestic electronic measuring instruments.

Corporate Social Responsibility Chuangyuan Information Department always puts social responsibility in the important position of the company’s development and strives to fulfill its social responsibility as an enterprise. Following the core values of people-oriented, and vigorously practicing management innovation and scientific and technological innovation, the company actively undertakes social responsibilities, supports regional economic development and social sharing of enterprise development achievements.

Chuangyuan Xinke invested and donated to build "Chuangyuan Xinxing Hope Primary School" in Sanyuan County, Shaanxi Province. In Taibai County, Shaanxi Province, he has donated seven love bridges; For many years, we have set up "Chuangyuan Microwave Scholarship" in Southeast University. Chuangyuanxinke always pays attention to environmental protection, safe production, energy consumption and comprehensive utilization of resources in the process of enterprise development, and abides by the requirements of national environmental protection-related laws and regulations. The company has passed ISO9001 quality management system, ISO14001 environmental management system certification, ISO45001 occupational health and safety management system, ISO27001 information security management system and ISO2000-1 information technology service management system.

In the R&D and production of the company, there will be no production wastewater, waste gas, dust, electromagnetic radiation and other pollution, and the ecological environment will not be damaged. Hazardous wastes eliminated and scrapped in the R&D and production process will be classified and collected, and will be recycled by qualified professional disposal units.

III. During the reporting period, the Company continued to fulfill its social responsibilities as an enterprise, mainly completing the following tasks:

(1) Chuangyuan Microwave Scholarship Issuance

Chuangyuan Information Department started to set up the Chuangyuan Microwave Scholarship in Southeast University in 2012, which has been going on for 10 years, and awards outstanding master students and doctoral students from the State Key Laboratory of Millimeter Wave of Southeast University every year. In 2022, Chuangyuan Microwave Scholarship awarded a total of 24 outstanding master and doctoral students. Chuangyuan Information Department hopes that more outstanding students can devote themselves to scientific research and academic innovation and help social development by setting up scholarships.

(2) United as one, fighting the epidemic with one heart.

Since March, the epidemic situation of COVID-19 in Shanghai has become more and more severe, affecting the hearts of 1.4 billion people across the country. No one can stay out of this battle against the epidemic. Shanghai, a mega-city, is under unprecedented pressure. There is a shortage of local medical materials, living materials and epidemic prevention personnel. The medical staff and local people who fought in the front line all night are in urgent need of help. Donations from all walks of life continue to support Shanghai. Chuangyuan Xinke responded quickly, highlighted corporate social responsibility at the critical moment, and contributed to this battle in its own way to help the epidemic prevention and control.

In order to alleviate the shortage of medical materials, the company donated 4,000 sets of medical protective clothing with a total value of 156,000 yuan to the people’s government of Sijing Town and donated 300,000 yuan to Shanghai Charity Foundation to help prevent and control the epidemic. During the lock-up period, the company sent employees to participate in volunteer motorcades and distributed love protection materials for the elderly. More than a dozen employees volunteered to join the community volunteer team; In addition, the G60 Science and Technology Corridor 5G industrial base operated and managed by the company ensures operation and services. The person in charge of the base has been sticking to the park since March 27th to ensure the normal business activities of the enterprises that have basically settled in. There was no infection case during the epidemic prevention and control period. Since the outbreak of the epidemic in 2020, the company publicly put forward the promise of "no layoffs and no pay cuts" for the first time, and organized external institutions to visit nucleic acids many times. During this round of epidemic control, the company purchased vegetables and other living materials for distribution by itself, and shouldered the social responsibility and responsibility that a listed company should bear.

Iv. risks faced by the company and countermeasures

(A) the risk of intensified market competition

The wireless communication test instrument industry has long been monopolized by foreign giants, especially the high-tech products are mainly controlled by internationally renowned enterprises in Europe, America, Japan and other countries and regions. In recent years, with China’s increasing attention and support to the wireless communication test instrument industry, the technical level of the industry has been continuously improved, and the advantages of domestic equipment in product cost performance, after-sales service and geography have gradually emerged. The gradual rise of domestic industries may attract the attention of foreign competitors and intensify market competition. At the same time, with the rapid growth of the market demand for wireless communication test instruments in China, more domestic companies will be attracted to join the competition in this industry. If the company can’t carefully grasp the market trends and development trends of the industry, and can’t carry out technological innovation and business model innovation in time according to the technological development and customer demand, there is a risk that the business will be adversely affected by the weakening of competitive advantage.

Countermeasures: Wireless communication test equipment industry is a typical knowledge and technology-intensive industry, and the factors such as technology, capital, talents and industry standard formulation lead to high barriers to entry. Chuangyuanxinke has been deeply involved in this field for many years, and has a good accumulation of technology, capital and market. With the help of China’s leading position in the fifth generation mobile communication technology, it has actively deployed 5G/6G and millimeter wave, semiconductor testing, satellite communication, car networking and other fields; While doing a good job in expanding the domestic market, we will continue to expand overseas markets and strive to build a market-oriented marketing team; Continue to increase R&D investment in core technologies such as RF microwave, signal processing, basic algorithms and customized RF chips, make full use of the accumulation of cutting-edge technologies of major national projects, closely strengthen the integration with Industry-University-Research of research institutes such as Southeast University, establish joint research platforms with more universities, focus on customer pain points, and rely on innovation centers to jointly develop better application solutions with customers. In the field of wireless mobile communication test technology, with the development of 5G/6G and the Internet of Things, the company can overtake in corners and gain a place for the country in the global communication test instrument market competition.

(B) the risk of brain drain

As a high-tech enterprise in the field of wireless communication and RF microwave testing, the management and other core personnel of the company are mostly senior experts with complex knowledge. They not only have rich industry knowledge, master relevant professional technology, and are proficient in the performance of various instruments and meters, but also have good management experience and business risk management experience, which can ensure the smooth progress and sustained and steady development of various businesses of the company. With the intensification of industry competition and talent competition, it will bring some pressure on the company to retain the above-mentioned core personnel. If the company cannot maintain a good incentive system and team work environment, the loss of the above-mentioned core personnel will adversely affect the company’s business development.

Countermeasures: implement the company’s achievement sharing mechanism, and ensure that employees can share the achievements of the company’s rapid development through a series of incentive measures such as option schemes. The Company has implemented equity incentive twice, with a total of 113 incentive targets, accounting for 43.96% of the total employees at the end of the reporting period, and 6,307,300 shares were encouraged, accounting for 4.42% of the total share capital at the end of the reporting period. The company will use various incentive mechanisms to fully mobilize the enthusiasm and creativity of talents, especially core technical talents, create a good corporate culture, enhance the cohesion of the company and increase the sense of belonging of employees; Establish and improve the talent reserve mechanism, provide employees with more learning and training opportunities, establish a set of future-oriented training plans, provide employees with growth opportunities and development space, and fund employees to study for doctoral degrees in Southeast University; Stimulate the maximum "potential" of employees, while avoiding the phenomenon of "ceiling" of talents and increasing the overall development space of employees; Establish a good and perfect employment mechanism, and use legal means such as Labor Law and Anti-Unfair Competition Law to protect the legitimate rights and interests of the company.

(C) Technology R&D and product development risks

The wireless communication and RF microwave test industries are technology-intensive industries. With the rapid iteration of communication technology, increasing application scenarios and highly complicated communication equipment, the requirements for the test capability of communication test instruments and meters have been further improved. The company’s R&D mode is a combination of independent R&D and undertaking external scientific research projects. If the company’s R&D is not forward-looking, it fails to make a correct judgment on the market development trend and the experience and technology accumulated by external scientific research projects cannot be applied to the company’s products, it may lead to the technology R&D achievements not being recognized by the market and have a certain impact on the company’s operating performance.

Countermeasures: While insisting on independent research and development, the company will jointly track cutting-edge technologies with universities and leading enterprises with strong scientific research and technology accumulation in the fields of wireless communication and satellite navigation; By undertaking major national science and technology projects, we will continue to strengthen technology accumulation. At present, the Dongda-Chuangyuan Electronic Measurement Technology Research Center jointly established by the company and Southeast University has entered the third phase (microwave, millimeter wave, terahertz and communication test and measurement technology and instrument research and development); Establish an advanced satellite navigation technology collaborative innovation technology center with a famous university in China to track and study Beidou navigation related testing technology; In conjunction with Shanghai Institute of Advanced Studies, Chinese Academy of Sciences, the project "Prototype Testing and Verification of 6G Basic Chip for New Network" was undertaken, and 6G network testing technology was laid out.

(D) The risk that key core devices depend on imports.

The key core devices of wireless communication and RF microwave test instruments, such as high-end chips, rely heavily on imports. Some key core devices of the company’s equipment are dependent on foreign brands. If the above-mentioned key core devices are affected by factors such as trade prohibition and control in exporting countries, the company can’t purchase them in time as needed, which will adversely affect the company’s production and operation.

Countermeasures: At present, the key core devices mainly purchased by the company are general commercial products, and the management of supply chain will be strengthened. By selecting multiple suppliers, the risk of relying on centralized procurement will be dispersed, and at the same time, the production demand of the company will be guaranteed by establishing safety inventory; On the other hand, the company is also actively improving product technical solutions, increasing investment in millimeter-wave chip customization, and reducing the risk of relying on imports for key core devices; At present, we have established cooperative relations with many domestic core device suppliers to realize localization of some core chips, which not only solves the problem of neck sticking, but also reduces the product cost. In the future, the company will actively explore more cooperation with domestic enterprises.

(E) Risk of government subsidies

Most of the government subsidies of the company come from the funds for scientific research projects. If the company uses the funds for scientific research projects irregularly, there may be the risk of returning the special funds for scientific research and being punished, which will adversely affect the company’s production and operation.

Countermeasures: In view of the rational use of scientific research funds, the company has formulated a series of management measures and rules and regulations, such as "Measures for the Administration of Major Special Funds and Budget Implementation", and the capital expenditure is approved and used in strict accordance with the requirements, thus ensuring the smooth implementation of the project budget and ensuring the standardized and orderly use of scientific research funds.

(six) the risk of failing to obtain the qualification of qualified suppliers in time

The company has not yet obtained the qualification of qualified suppliers of Huawei and TSMC, and mainly sells test instruments and related equipment to Huawei and TSMC through its controlling shareholder Chuangyuan Electronics. The controlling shareholder and actual controller of the company have issued the Letter of Commitment on Avoiding Horizontal Competition and the Letter of Commitment on Regulating and Reducing Related Party Transactions. Chuangyuan Electronics is engaged in the business of selling test instruments and related equipment to Huawei and TSMC, all of which are purchased from the company at the same purchase price as the sales price. If the company obtains the certification of qualified suppliers from Huawei and TSMC in the future, Chuangyuan Electronics will no longer sign new contracts with Huawei and TSMC, and will immediately change its business scope, in addition to continuing to fulfill the signed contracts. To sum up, the company has not obtained the qualifications of qualified suppliers from Huawei and TSMC, which has not caused any significant adverse impact on the company’s current business development, and the testing related products have been recognized by customers. However, if the company fails to obtain the qualifications of qualified suppliers in time or the access conditions of qualified suppliers change, it will have an adverse impact on the company’s future business development and operating performance.

Countermeasures: The company is actively communicating with Huawei and TSMC to apply for qualified supplier qualification.

Xinhua News Agency, Beijing, August 21st Title: Preferential tax and fee, pilot policy and considerate service-The tax authorities take various measures to help foreign trade enterprises turn their exports into domestic sales.

Xinhua News Agency reporter Yu Qiongyuan

Under the impact of the epidemic, the global economy is declining and international demand is shrinking. Focusing on the huge domestic market has become an important means for foreign trade enterprises to turn crisis into opportunity. Recently, in view of the difficulties faced by foreign trade enterprises, local tax authorities have taken active actions to further facilitate enterprises’ tax collection and help foreign trade enterprises "transition" to break through.

Tax incentives are injected into the "transition" start-up funds.

Since the beginning of this year, the tax authorities have taken the initiative to implement practical preferential policies to ensure that the tax reduction and exemption are in place and the reduction is in place, and fully support export enterprises to explore the domestic market.

Affected by the epidemic, in the first half of this year, overseas orders of Xiamen Weidia Technology Co., Ltd. decreased by 25%. Jun Huang, director of R&D of Vidya Company, said that the sharp contraction of overseas markets prompted the company to shift its market focus to China. In the process of transferring to domestic sales, the realization of tax incentives provided financial support and buffer space for the company.

"In the first half of this year, Vidya achieved a total sales of 286 million yuan, including 153 million yuan in the domestic market, accounting for the first time exceeding the international market share." Jun Huang introduced that the company has enjoyed nearly 9.9 million yuan in tax and fee preferential policies such as social security reduction, reduction of value-added tax rate and increase of export tax rebate rate. As a high-tech enterprise, the company can add and deduct more than 17 million yuan of research and development expenses last year and enjoy nearly 3 million yuan of tax incentives.

With the support of a series of policies, including tax incentives, more and more foreign trade enterprises are accelerating the transfer to domestic sales. According to the data of Guangdong Provincial Taxation Bureau, the domestic sales of export enterprises in Guangdong exceeded the same period of last year in April, and the domestic sales amount in May was basically the same as that in April, and the domestic sales amount in June increased by 3.8% year-on-year. Among them, the export of communication equipment manufacturing industry, textile and garment industry and motor manufacturing industry increased significantly.

Pilot policy helps bonded enterprises to knock on the door of domestic sales.

The international epidemic continues, which has greatly affected many enterprises in the comprehensive bonded zone that "supply materials from abroad and sell them abroad". Nowadays, these enterprises have tried to explore the domestic market with the help of policies such as the pilot of VAT general taxpayer qualification in the comprehensive bonded area.

The pilot of VAT general taxpayer qualification in the comprehensive bonded zone allows enterprises to enjoy the original bonded policy and issue VAT invoices to domestic customers, so that enterprises can make better use of domestic and international "two resources" and "two markets".

Chongqing Mingfeng Medical Equipment Co., Ltd. is an enterprise in Chongqing Jiangjin Comprehensive Bonded Zone. Zhang Jinsheng, the general manager of the company, said that through the fast processing channel set up by the tax authorities, the enterprise quickly obtained the qualification of general VAT taxpayer, and had a "dual status", which enabled it to enjoy both the foreign bonded policy and the policy dividends such as full deduction of domestic purchase input VAT. At present, the enterprise has reached a sales intention worth 50 million yuan with domestic enterprises.

As of August 17th, the domestic sales income of two pilot enterprises in Chongqing Jiangjin Comprehensive Bonded Zone, including Mingfeng Medical, was 1.175 million yuan, accounting for 70.5% of the sales revenue. From January to July, nine pilot enterprises in Chongqing Xiyong Comprehensive Bonded Zone realized domestic sales revenue of 470 million yuan, accounting for 57% of sales revenue, up 25% year-on-year.

Intimate service enhances the confidence of enterprises in "transition"

It is not easy for foreign trade enterprises to "transition". The reporter learned that local tax authorities use the advantages of tax big data to comprehensively explore the situation of export enterprises, follow up the needs of enterprises in a timely manner, increase policy publicity and guidance, and launch convenient tax services to ensure that policies are good and enjoyable.

Zhejiang Yueli Electric Appliance Co., Ltd. decided to invest money to explore the domestic market, but it is necessary to establish customer channels and set up a professional marketing team to convert foreign trade into domestic sales. The high investment in a short period of time has doubled the already tight financial pressure of Yueli Electric.

"The tax authorities have opened a’ green channel’ for export tax rebates for us, and the tax rebates can be received within two working days, which has helped us reduce a lot of pressure." Lu Ping, chief financial officer of Yueli Electric, said.

It is understood that in order to alleviate the financial pressure of export enterprises, the tax authorities have vigorously promoted convenience measures such as paperless tax refund declaration and allowance handling. The average time for tax refund in the country has been reduced from 10 working days in 2019 to less than 8 working days, with a speed increase of 20%. At the same time, the tax authorities also use tax big data to "match the bridge" between the production and sales sides to ensure the smooth operation of the supply chain of the industrial chain.

Guangxi Yulin Taihongda Electronics Co., Ltd. needs to apply for invoice increment as soon as possible because of the rapid increase of the invoice volume after the "transfer" in domestic sales. Yulin tax department remotely counseled enterprise financial personnel to submit an invoice increment application online, and quickly approved it, so that enterprises could obtain 140 special VAT invoices in time.

In addition, the tax authorities have further streamlined the procedures for issuing certificates for enterprises’ export to domestic sales. Enterprises can apply for the certificate of export goods for domestic sales in a non-contact way through the electronic tax bureau, the standard version of the "single window" export tax rebate declaration platform for international trade, and the tax department can complete the business on the day it receives the application for the certificate, so as to help enterprises save time and labor costs to the greatest extent.

On December 21st, the National Conference on Industry and Informatization was held in Beijing. The meeting adhered to the guidance of the Supreme Leader’s Socialism with Chinese characteristics Thought in the New Era, fully implemented the spirit of the 20th National Congress of the Communist Party of China and the Second Plenary Session of the 20th Central Committee, thoroughly studied and implemented the important exposition of the Supreme Leader’s General Secretary on new industrialization, conscientiously implemented the deployment requirements of the Central Economic Work Conference and the National New Industrialization Promotion Conference, summed up the work in 2023 and deployed the tasks in 2024. Jin Zhuanglong, Party Secretary and Minister of the Ministry, attended the meeting and delivered a speech. The leaders of the Ministry attended the meeting. The competent departments of industry and information technology in Liaoning, Jiangsu, Shandong, Hubei and Sichuan provinces and the main responsible comrades of Shanghai Communications Administration made exchange speeches.

The meeting held that promoting new industrialization is a major strategic deployment made by the CPC Central Committee with the Supreme Leader as the core to coordinate the overall situation of the great rejuvenation strategy of the Chinese nation and the unprecedented changes in the world in the past century. Since the 18th National Congress of the Communist Party of China, the General Secretary of the Supreme Leader has raised the flag and steered the ship, and made an important exposition on a series of major theoretical and practical issues in promoting new industrialization, which greatly enriched and developed our party’s regular understanding of industrialization and provided a fundamental follow-up and action guide for promoting new industrialization. To understand the important exposition of the Supreme Leader General Secretary on new industrialization, we must uphold the Party’s overall leadership in promoting new industrialization, deeply understand the strategic orientation of promoting new industrialization, firmly anchor the overall goal of promoting new industrialization, accurately grasp the important principles of promoting new industrialization, fully implement the key tasks of promoting new industrialization, master the methods and paths of promoting new industrialization, adhere to the integration of learning, thinking and practice, and turn learning results into practical actions to promote new industrialization.

The meeting pointed out that 2023 is the first year to fully implement the spirit of the 20th National Congress of the Communist Party of China, a year of economic recovery and development after three years of COVID-19 epidemic prevention and control, and a landmark year in the history of China’s industrial development. The CPC Central Committee held a national conference to promote new industrialization, and the General Secretary of the Supreme Leader made important instructions, pointing out that in the new era and new journey, it is a key task to comprehensively promote the construction of a strong country and the great cause of national rejuvenation with Chinese modernization and realize new industrialization. The whole system conscientiously implemented the decision-making arrangements of the CPC Central Committee and the State Council, solidly carried out the education on studying and implementing the theme of Socialism with Chinese characteristics Thought of the Supreme Leader in the new era, kept upright and innovative, and worked in unity, thus successfully completing the tasks for the whole year. The industrial economy is on the rise. It is estimated that the industrial added value will increase by more than 4.3% year-on-year, and the proportion of manufacturing added value to GDP will be basically stable, and the overall scale will remain the first in the world for 14 consecutive years. The construction of major projects in the "14 th Five-Year Plan" was accelerated. The national defense science and technology industry and the tobacco industry maintained rapid growth. The pace of high-quality development of key industrial chains in manufacturing industry has accelerated. The industrial base reconstruction project and the key technical equipment research project were steadily advanced, and new breakthroughs were made in key areas such as industrial mother machine and key software. The C919 large passenger plane was put into commercial operation, and the first large domestic cruise ship "Aida Modu" was officially named and delivered. The 16 MW offshore wind turbine with the largest single unit capacity in the world was connected to the grid for power generation, the domestic ECMO completed registration and evidence collection, the intelligent 6-line cotton picker realized mass production, and Shenzhou 16 and 17 were successfully launched.The innovation system of manufacturing industry has been continuously strengthened. There are 29 national and 260 provincial manufacturing innovation centers, 178 national high-tech industrial development zones and 465,000 high-tech enterprises. Implement the "Party and State Institutional Reform Plan" and complete institutional transfer and function undertaking. The industrial structure was further optimized and upgraded. From January to November, the added value of high-tech manufacturing industry above designated size increased by 2.3% year-on-year, and the added value of equipment manufacturing industry increased by 6.4% year-on-year. The export of new energy vehicles, lithium batteries and photovoltaic products increased rapidly, and the export of new energy vehicles reached 1.091 million. The international market share of the three major indicators of shipbuilding industry continues to lead the world. Nearly 10,000 digital workshops and smart factories have been built, and 5,100 state-level green factories have been established, further improving the comprehensive utilization efficiency of industrial resources. A series of industrial transfer and development docking activities have achieved results, and the construction of 45 state-level advanced manufacturing clusters has been accelerated. The pace of specialized and innovative development of small and medium-sized enterprises has accelerated. Accumulatively cultivated 12,000 "little giant" enterprises, 103,000 specialized and innovative small and medium-sized enterprises, and selected 100 characteristic industrial clusters of small and medium-sized enterprises. The first batch of pilot projects for digital transformation of small and medium-sized enterprises in 30 cities were launched, and a series of service activities for small and medium-sized enterprises were carried out, serving more than 9.5 million small and medium-sized enterprises in total. The high-quality development of the information and communication industry has been solidly promoted. It is estimated that the total telecom business will increase by about 16% year-on-year, and the revenue of software and information technology services will increase by about 13% year-on-year. As of November,A total of 3.282 million 5G base stations have been built, and the number of gigabit broadband users has doubled compared with the same period last year. The 6G technical test was accelerated. The reform and innovation of information and communication supervision have been further promoted, the emergency communication capability has been significantly enhanced, the network and data security have been strengthened, and the level of development and utilization of radio spectrum resources and the ability of electromagnetic space security have been further improved. Successfully completed major events such as communication services, network security, and radio security. The industrial development environment has been continuously optimized. We issued and implemented a number of important policy initiatives, established a normalized exchange mechanism between manufacturing enterprises and small and medium-sized enterprises, implemented the special project of "financial integration of science and technology industries", and continued to promote international cooperation. Promote the comprehensive and strict management of the party to develop in depth. Fully support and cooperate with the central inspection, insist on changing as soon as you know it, make reforms in a down-to-earth manner, lead high-quality development with high-quality party building, and further boost the entrepreneurial spirit of cadres and officials in party member.

The meeting pointed out that 2024 is the 75th anniversary of the founding of People’s Republic of China (PRC), a crucial year to achieve the objectives and tasks of the 14th Five-Year Plan, and an important year to fully implement the deployment of the National New Industrialization Promotion Conference. We must adhere to the guidance of the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era, fully implement the spirit of the 20th National Congress of the Communist Party of China and the Second Plenary Session of the 20th Central Committee, thoroughly study and implement the important exposition of the Supreme Leader’s General Secretary on new industrialization, conscientiously implement the deployment requirements of the Central Economic Work Conference and the National New Industrialization Promotion Conference, adhere to the general tone of striving for progress while maintaining stability, comprehensively implement the new development concept, and make overall plans for high-quality development and high-level security. Vigorously promote new industrialization, implement high-quality development actions of key manufacturing industry chains, enhance industrial scientific and technological innovation capabilities, transform and upgrade traditional industries, consolidate and upgrade advantageous industries, cultivate and expand emerging industries, lay out future industries in a forward-looking way, support the specialized and innovative development of small and medium-sized enterprises, accelerate the construction of a modern industrial system with scientific and technological innovation as the guide and advanced manufacturing as the backbone, and provide a solid material and technical foundation for comprehensively promoting the construction of a strong country and the great cause of national rejuvenation with Chinese modernization.

The meeting stressed that in 2024, we should focus on high-quality development, highlight key points, grasp the key points, and do a good job in 12 key tasks. First, make every effort to promote the steady growth of the industrial economy. We will do a good job in implementing the policy of steady growth, implement the work plan of steady growth in ten major industries in depth, support major industrial provinces to continue to "take the lead" and do a good job in economic propaganda, policy interpretation and public opinion guidance. Deepen the "three products" action of raw materials and consumer goods, and boost the mass consumption of new energy vehicles and electronic products. Deepen the integration of production and operation, and do a good job in ensuring the service of key foreign-funded projects in manufacturing. Keep the tobacco industry growing steadily. The second is to fully implement the high-quality development actions of key manufacturing industry chains. Make overall plans to promote key core technology research projects, industrial base reconstruction projects and major technical equipment research projects, strengthen application traction, speed up technical research breakthroughs and application of achievements, and realize "turning points into pearls and beads into chains". The third is to enhance the ability of industrial scientific and technological innovation. Vigorously promote the deep integration of scientific and technological innovation and industrial innovation, implement major scientific and technological innovation projects in depth, continuously optimize the innovation platform network, accelerate the cultivation of innovative enterprises, and create an upgraded version of the "Torch" brand. Promote the park to improve quality and efficiency, and start to create a national new industrialization demonstration zone. The fourth is to speed up the transformation and upgrading of traditional industries. We will implement the technological transformation and upgrading project of manufacturing industry, support the equipment renewal of enterprises, and accelerate the transformation and upgrading of key industries such as steel, nonferrous metals and light industry. Promote the manufacturing industry’s "intelligent change from digital to network", deepen the pilot demonstration of intelligent manufacturing, and promote the construction of open source system. Continue to do a good job in industrial transfer and development docking activities. The fifth is to consolidate and enhance the leading position of advantageous industries.Accelerate the strong chain to supplement the chain and extend the chain to enhance the competitiveness of the whole industry. Support the development of new energy vehicle power exchange mode, and do a good job in the pilot area of comprehensive electrification of vehicles in the public sector. Strengthen the standard guidance and quality supervision of photovoltaic industry. Promote high-end applications of rare earths in aerospace, electronic information, new energy and other fields. Sixth, accelerate the cultivation of emerging industries. We will launch a pilot program of intelligent networked vehicle access and road traffic, and promote the scale application of Beidou and the development of satellite Internet. We will expand new industries such as new energy, new materials, high-end equipment, biomedicine, high-end medical equipment and safety emergency equipment, and create new growth points such as bio-manufacturing, commercial aerospace and low-altitude economy. Introduce an action plan for future industrial development, aim at humanoid robots, quantum information and other industries, and strive to break through key technologies, cultivate key products, and expand scene applications. The seventh is to promote the high-quality development of the information and communication industry. Coordinate the work of "construction, use and research", promote the scale deployment of 5G and Gigabit optical networks, speed up the layout of intelligent computing facilities, and strengthen the pre-research of 6G. Innovate the supervision of the information and communication market, further promote the construction of morals and rectification work, and improve the emergency communication plan and command system. Promote the large-scale application of 5G and issue guidance on the high-quality development of industrial Internet. Carry out special actions to protect and improve key information infrastructure to improve the data security management level of the industry. Eight is to promote green and low-carbon industrial development. Steadily promote carbon emission reduction in the industrial sector, strictly control the new production capacity of steel, cement and flat glass, carry out industrial digital carbon management pilot projects, and thoroughly implement industrial energy efficiency and water efficiency improvement actions.Actively explore the market-oriented ways of comprehensive utilization of emerging solid wastes, vigorously develop green and low-carbon industries, and comprehensively promote green manufacturing. Nine is to promote the high-quality development of SMEs. We will implement a number of inclusive assistance policies, support the innovation and development of specialized and new enterprises through multiple channels, and carry out in-depth pilot projects of digital transformation cities for small and medium-sized enterprises and special actions of "three taxes". Accelerate the construction of a "network" for small and medium-sized enterprises nationwide. In-depth implementation of a series of activities to promote the development of large, medium and small enterprises. The tenth is to optimize the layout of the national defense science, technology and industry system and consolidate and improve the strategic system and capabilities of the integrated country. Eleven is to support the "double first-class" construction of subordinate colleges and universities. Strengthen Party building, ideological and political work, build a discipline and specialty system with distinctive features and outstanding advantages, cultivate top-notch innovative talents, support subordinate universities to participate in the construction of national laboratories, and ensure campus security and stability. The twelfth is to improve the modernization level of industry governance. Strengthen the normative guidance for industries with overcapacity. Implement the pilot project of new industry standardization. We will implement measures to fully open the manufacturing industry to the outside world, relax access to the telecommunications market, and deepen cooperation in bilateral and multilateral mechanisms. Do a good job in the implementation of key projects such as manufacturing personnel training. Strengthen the construction of communication management bureau. Support subordinate units to focus on the main business, highlight the characteristics, and build core support capabilities. Strengthen the supervision of the civil explosive industry, and do a good job in the supervision of safety production in the communication industry and the construction of communication facilities. Do a good job in major events and emergency communication services, network security, radio security and other security work.

The meeting stressed that it is necessary to further strengthen the Party’s innovative theory, thoroughly study and implement the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era, thoroughly understand the important exposition of the Supreme Leader’s General Secretary on new industrialization, firmly defend the "two establishments", resolutely achieve the "two maintenances", do a good job of "three exemplary models", build a model organ, and walk well in the "first phalanx". We should pay close attention to implementation, resolutely implement the arrangements of the Central Economic Work Conference and the National New Industrialization Promotion Conference, pay attention to coordination, strengthen investigation and study, improve the ability to perform their duties, resolutely correct formalism and bureaucracy, make up our minds to streamline forums, exhibitions and other activities, take the lead in living a tight life, and fully accomplish all the goals and tasks in 2024. It is necessary to create a good atmosphere for entrepreneurs, carry forward the spirit of "two bombs and one satellite", the spirit of manned spaceflight, the spirit of artisans and the fine tradition of "Harbin Military Industry", advocate a strict and meticulous work style, be resolute and resolute, unite and cooperate, and be dedicated and standardized, and give opportunities to entrepreneurs, give stage to those who can do things, and give incentives to those who can do things, so as to further boost the entrepreneurial spirit of cadres and cadres in party member. It is necessary to comprehensively strengthen party building, run the requirements of strictly administering the party in an all-round way through the whole process of all aspects, earnestly support and cooperate with the central inspection, earnestly do a good job in the central inspection and rectification tasks, and promote the "three red lines" of integrity, confidentiality and safety in an all-round way, and lead high-quality development with high-quality party building.

The meeting demanded that at the end of the year and the beginning of the year, we should tighten the string of ensuring people’s livelihood, safety and stability, and do a solid job in enterprise assistance, holiday market supply, communication services, radio detection, safety production, emergency duty and other work. Organize condolences to retired cadres and old workers. Strictly implement the spirit of the eight central regulations and their detailed rules for implementation, seriously investigate and deal with the "four winds" issue, and ensure a clean and upright atmosphere during the festival.

(Original title: "National Conference on Industry and Informatization Held in Beijing")

Recently, MediaTek unveiled its new generation flagship 5G generative AI mobile chip Tianji 9300. The innovative all-core architecture design combined with the new generation AI processor APU and MediaTek’s unique cutting-edge technology, its powerful performance provided support for generative AI applications and created a vivid and substantial generative AI experience. At the same time, MediaTek shared resources with many AI companies in the industry, and jointly created an adequate AI ecosystem on the mobile side.

The brand-new seventh-generation AI processor APU 790 is born for generative AI.　　　　　

With the increasing demand of users for generative AI applications, the advantages of end-side generative AI such as convenience and security are highlighted. Of course, deploying the end-side AI language model requires strong AI computing power support.

Tianji 9300 is equipped with MediaTek’s seventh generation AI processor APU 790, which is designed for generative AI. It has a hardware-level generative AI engine, which can realize higher-speed and safer edge AI calculation, and deeply adapt to Transformer model for operator acceleration, with a speed eight times higher than that of the previous generation.

At the same time, the performance and energy efficiency of APU 790 have been significantly improved, and the integer operation and floating-point operation capabilities have been improved to twice that of the previous generation. Zurich ETHZv5.1 AI-Benchmark Mobile Soc scored 2109 points, and the AI performance successfully dominated the list, and the power consumption was reduced by 45%. With the support of powerful AI performance, images can be generated within 1 second. Tianji 9300′ s powerful AI computing power, innovative all-core CPU architecture and Immortalis-G720 GPU all lay a solid performance foundation for end-to-end running of generative AI.

At the same time, based on the characteristics of the large language model with hundreds of millions of parameters, MediaTek has developed the mixed-precision INT4 quantization technology, which, combined with the memory hardware compression technology of MediaTek, can make more efficient use of memory bandwidth, greatly reduce the terminal memory occupied by the large AI model, break through the memory limit of mobile phones for running the large AI language model end-to-end, and help the larger parameter model land on the end-side.

Based on the above, Tianqi 9300 landed a 7 billion-parameter AI language model on the side of vivo flagship mobile phone for the first time, with a processing speed of 20 Tokens per second. Not only that, MediaTek has broken through the industry limit, and has successfully run a large language model with 13 billion parameters on the end side with vivo. Even, Tianji 9300 has taken the lead in successfully running the AI language model with 33 billion parameters on mobile chips, leading the industry.

Tianji 9300 also supports multi-modal generative AI model, creating rich and interesting end-to-end experiences such as "Wen Sheng Poetry", "Wen Sheng Picture" and "Wen Sheng Interesting Picture".

It can be seen that Tianqi 9300′ s AI computing power and end-to-end generative AI capability are ahead of the industry, which is enough for users to be full of AI creativity anytime and anywhere.

The end-side skill expansion of generative AI model brings comprehensive and rich end-side generative AI experience.

Different from the cloud-side generative AI solution, due to the difference of hardware environment, the deployment of end-side generative AI also needs to consider factors such as mobile phone memory, storage capacity, and upper load limit. Therefore, MediaTek took the lead in proposing advanced solutions.

APU 790 supports NeuroPilot Fusion, an end-side skill expansion technology of generative AI model. It can continuously carry out LoRA (Low-Rank Adaptation) fusion on the end-side based on the basic big model. With the empowerment of hybrid AI, it can complete the fusion of n functions on the end-side based on one basic big model through cloud training, giving the basic big model more comprehensive and richer generative AI application capabilities.

For example, based on the "drawing GIF animation" function of the AI model end-side skill expansion technology, users can change different styles or even expressions according to a photo, and play an expression pack with a personal style, and the second expression pack is small.

NeuroPilot, an AI development platform, accelerates the end-side generative AI ecological layout.

Based on powerful AI computing power, advanced memory hardware compression technology and AI model end-side skill expansion technology, the APU 790 of Tianji 9300 has raised the speed and breadth of end-side generative AI to a new level. At the same time, in order to accelerate the deployment and popularization of generative AI in the end-side, MediaTek has also built a rich AI ecosystem with its AI development platform NeuroPilot, from the underlying hardware to the tool chain, model center and development ecosystem, helping the ecosystem to deploy end-side generative AI applications quickly and efficiently.

NeuroPilot, the AI development platform, supports leading-edge mainstream AI models such as Android, Meta LIama 2, Baidu ERNIE Bot Model and Hundred Rivers Intelligent Hundred Rivers Model.

More importantly, NeuroPilot has a complete and advanced tool chain, including low-rank adaptive fusion of NeuroPilot Compression, Speculative Decoding acceleration and model optimization and transformation technology.

MediaTek Tianji Developer Center can also provide one-stop developer resources for end-side generative AI landing, and share end-side model deployment cases to improve development efficiency. At present, more than 20 generative AI partners have joined the ecological co-construction.

MediaTek also works with industry contract partners to create a wonderful generative AI application experience. ArcSoft’s generative AI super-resolution technology is based on the edge computing power of Tianji 9300 APU, and its performance can be improved by 30% compared with the previous generation. When shooting at a magnification of 25 times, using the generative AI super-resolution technology, you can shoot more realistic image effects.

The generative AI semantic search technology of Extreme Sense Technology is also based on the edge computing ability of Tianji 9300 APU. Compared with the previous generation, the performance can be improved by 260%. For example, searching for photos in the photo album of a mobile phone and describing the content of the photos can accurately find the corresponding photos in milliseconds. Moreover, it can also be searched when the network is disconnected, and privacy will not be revealed.

Morpho’s video call real-time digital avatar generation technology is also based on the edge computing ability of Tianji 9300 APU, and its performance is improved by 26% compared with the previous generation. The general virtual portrait generator needs to manually select the appearance style, which takes time. However, based on the video call real-time digital avatar generation technology, the user can operate easily, and the digital avatar can be generated instantly only by opening a single frame of the camera.

Based on the edge computing ability of Tianji 9300 APU, the performance of Hui carp’s generative AI anti-glare technology can be improved by 60%. With the help of this technology, whether outdoors or indoors, if there is glare when shooting, you can eliminate glare interference as long as you relax and darken it.

It can be seen that under the trend of AI-side cloud convergence, Tianqi 9300 has shown comprehensive advantages in AI computing power, generative AI user experience and ecology, setting a new benchmark for a new generation of flagship end-to-end generative AI experience, and powerful generative AI will use Tianqi.

In addition, MediaTek and other pioneers of generative AI are constantly carrying out technological innovation and ecological layout, vigorously promoting hybrid AI computing, providing a unique and efficient solution for end-to-end generative AI deployment, and devoting themselves to promoting the widespread application of generative AI at the end-side, so that more users can experience personalized end-to-end AI applications and build a new panoramic intelligent experience, thus enabling technology to better serve the public.

　　As the saying goes, "a thousand dollars can’t buy old people to lose weight." Nowadays, many old people have joined the army to lose weight, and it seems that they will be healthy if they lose weight. Recently, a study published in the American Obesity magazine shows that the elderly’s deliberate weight loss may affect their bone health.

　　Body mass index BMI= the square of weight/height, which is an accepted standard to measure obesity. In this study, 77 students with an average BMI of 33.6 (usually 18.5≤ BMI index ≤ 23.9 old people with normal weight, more than 29.9 are severely obese) were given weight-loss intervention for 18 months, and the overall weight of the old people and the bone mineral density of the areas (total hip, femoral neck, lumbar vertebrae and trabecular bone) were monitored and scored at 18 months and 30 months. The results show that the decline of hip bone mineral density will last for one year after weight-loss intervention for elderly obese patients, whether they rebound or not. The study also found that fat loss and weight loss reduced the bone mineral density of hip and increased the risk of osteoporosis.

　　Gou Bo, a professor in the Department of Health Sciences of Xi ‘an Institute of Physical Education, said that if the elderly lose weight improperly, such as excessive diet control, resulting in insufficient nutrition intake, or lose weight too much and too fast, resulting in significant weight loss, it will lead to a decline in bone density. Older people do not have to lose weight if they are only slightly obese and have no obvious cardiovascular disease. If there are some contraindications to exercise, and it is not suitable for exercise to lose weight, you can seek nutrition, medical care and other methods to control your weight under the guidance of a doctor. If obesity is accompanied by other chronic diseases, lose some weight appropriately. In principle, adopt safe and effective methods to achieve the goal at a slower speed such as diet control and exercise.

　　Many old people find that even if they eat and exercise as much as when they were young, it is easy to "gain weight". The reason is that the basal metabolic rate and muscle mass of adults decrease year by year with age. Therefore, even if the elderly eat less, their digestion and absorption ability are poor, and the balance of energy in and out is still "less in and out", in which case it will be "fat".

　　Gou Bo emphasized that obesity will directly affect heart function and vascular health, and it is easy to suffer from various cardiovascular and cerebrovascular diseases. The ideal situation is to "gain muscle and lose fat" on the premise of ensuring basic nutrition.

　　Old people can’t take extreme measures to lose weight, let alone go on a diet like young people. We can start with the moderation and choice of dinner, eat some coarse grains instead of staple food, eat food with high protein content for breakfast, and control the staple food at about 2 Liang at noon. It is not recommended to choose diet pills or surgery to lose weight.

　　In sports, it is suggested that aerobic exercise should be combined with strength training, and it is best to take some soothing forms, such as Tai Ji Chuan, yoga, walking, etc. As long as you can persist every day and achieve a certain amount of exercise, you can lose weight completely.

　　Interviewed expert: Professor Gou Bo, Department of Health Sciences, Xi ‘an Institute of Physical Education