As of January 27, 2018, the economic data of 31 provinces in 2017 have all been released, and the ranking of GDP and growth rate has also been clearly presented.

　　The Paper combed the statistics and found that compared with the same period in 2016, the top ten provinces in GDP last year did not change, and Chongqing surpassed Tianjin in ranking.

　　In terms of GDP growth, Guizhou and Tibet continue to lead the country with double-digit growth rates, while Tianjin’s growth rate has dropped sharply, while Liaoning’s growth rate has turned from negative to positive.

　　In 2017, Guangdong and Jiangsu ranked in the top two in the country with a total GDP of more than 8 trillion yuan, and the provinces ranked third to tenth were Shandong, Zhejiang, Henan, Sichuan, Hubei, Hebei, Hunan and Fujian. This ranking is consistent with that in 2016.

　　After Fujian, Shanghai’s GDP last year also exceeded 3 trillion yuan, reaching a new level.

　　Liaoning did not fall as predicted before. Last year, Liaoning’s GDP totaled 2,394.2 billion yuan, still ranking 14th in the country.

　　Up to now, the total GDP data of last year has not been released in Inner Mongolia. However, according to the 4%GDP growth rate announced by Inner Mongolia, it is difficult for the total GDP of Inner Mongolia to exceed 2 trillion yuan last year, and it will not be able to keep the 16th place in the country in 2016.

　　On the other hand, in 2017, the ranking of Chongqing’s total GDP has advanced. In 2017, Chongqing achieved a regional GDP of 1,950.027 billion yuan, which was 90.489 billion yuan more than Tianjin’s total GDP of 1,859.538 billion yuan last year. It is inevitable to overtake Tianjin in ranking.

　　In fact, in 2016, the total GDP of Chongqing has approached Tianjin. After the revision, the total GDP of Chongqing in 2016 was 1,774.059 billion yuan, and that of Tianjin in 2016 was 1,788.539 billion yuan, with a gap of only 14.48 billion yuan.

　　Tianjin’s growth rate declined, and Liaoning turned from negative to positive.

　　From the perspective of GDP growth rate, among the 31 provinces, a total of 8 provinces’ GDP growth rate last year was lower than the national GDP growth rate, including Beijing-Tianjin-Hebei and Northeast China. Tianjin’s GDP growth rate has dropped sharply, from 9% in 2016 to 3.6%, and it is now tied with Gansu.

　　This number has increased compared with 2016. In 2016, only Heilongjiang, Shanxi and Liaoning provinces were lower than the national GDP growth rate.

　　However, Liaoning’s GDP growth rate achieved positive growth last year, which is the best result since "squeezing water" in 2015.

　　According to the data of the work report of Liaoning provincial government in 2018, according to preliminary accounting, the regional GDP of Liaoning province last year was 2,394.2 billion yuan, up 4.2% over the previous year. Since 2011, the situation of one-way decline in economic growth has changed.

　　Last year, the top two GDP growth rates were Guizhou and Tibet, both of which achieved double-digit growth. Last year, Chongqing’s GDP growth rate dropped below double digits for the first time in 10 years, but it still ranked fourth in the country after Guizhou, Tibet and Yunnan with a growth rate of 9.3%.

　　Guizhou, Tibet, Chongqing, Yunnan, Jiangxi, Anhui and Fujian, which were among the top ten growth rates in 2016, remained on the list this year, while Tianjin, Henan and Hubei were squeezed out of the top ten. Sichuan, Hunan and Shaanxi have entered the top ten GDP growth rates, with GDP growth rates above 8%, all of which are central and western provinces.

Attention, 2023 and 2024 graduates! The application for job-seeking and entrepreneurship subsidies has begun, so hurry up to the "Zheli Office"! Let’s take a look at the specific application methods and requirements!

answer questions and remove doubts

Q: In 2023, which students can apply for job-seeking and entrepreneurship subsidies in Zhejiang Province?

A: Graduates (not limited to household registration) from full-time ordinary colleges and secondary vocational schools (including technical colleges) in Zhejiang during the graduation school year (including graduation in 2023 and 2024) meet one of the following conditions:

1. Families with minimum living security for urban and rural residents;

2. orphans;

3. Disabled persons with certificates;

4. During the study period, he has obtained a national student loan from the place of origin or campus;

5. Poverty alleviation population;

6. From poor families with disabilities (marginal families with urban and rural subsistence allowances and one of the graduates’ parents is a certified disabled person).

If the 2023 graduates have already enjoyed the job-seeking and entrepreneurship subsidies in 2022, they cannot apply again in 2023. If you study in a school outside Zhejiang Province, please consult the human resources and social security department where the school is located.

Q: When can I apply for this year’s job-seeking and entrepreneurship subsidy?

A: From August 15th to September 15th, 2023.

Q: How are the subsidy standards and deadlines for job-seeking and entrepreneurship subsidies stipulated?

A: The subsidy for job hunting and entrepreneurship is 3,000 yuan/person, which is paid in one lump sum.

Q: How to apply for graduates jointly trained by two universities?

Answer: Apply according to the school that issued the diploma.

Q: Is it necessary to achieve employment and entrepreneurship?

A: No matter whether you are employed or not, you can apply as long as you are not oriented to train graduates.

Application steps

(A) the choice of circumstances

Open the "application for job-seeking and entrepreneurship subsidies" item, carefully read the user’s instructions, and choose the situation according to the specific situation.

(2) Fill in the form online

Fill in personal information according to the form prompts.

When filling in the subsidy application information, pay attention to the field "Did you pass the information check". If this field is displayed as "Yes", you only need to upload the front and back of your ID card without providing other materials. If this field is displayed as "No", relevant materials are required (see "Required Materials" below for details). Pay attention to check the information of the collection account, and the subsidy will be paid by social security card by default.

(3) Submit an application

After the uploaded materials and information are confirmed, click the "Submit" button to successfully submit.

Tips: If the applicant encounters problems in the application process, he can click "Please click here for feedback" to give feedback (including text description and screenshot) and leave his contact information. The staff will contact the reply as soon as possible.

Required materials

If "No" is displayed in the "Information Check" when filling in the form online, the following two types of materials must be submitted at the same time (the materials must be within the validity period):

1. Original ID card of the applicant (photo taken on both sides);

2. The applicant’s identification materials:

(1) from the minimum living guarantee families of urban and rural residents, it is necessary to provide:

(1) low assurance or low-income certificate issued by the competent department at or above the township (street) level;

(2) the household registration book or the family member relationship certificate issued by the village (community) and above authorities (provided when there is no applicant information on the low guarantee or low guarantee certificate).

(2) orphans, need to provide:

Child welfare certificate or orphan certificate issued by the township (street) level and above.

(3) Disabled persons with certificates shall provide:

"Disabled card" or "disabled soldiers card" of grade 1-8 or the disability certificate issued by the Disabled Persons’ Federation at or above the township (street) level.

(4) If you have obtained a national student loan from your place of origin or campus during your studies, you need to provide:

(1) national student loan in the place of origin.

The national student loan contract or the personal credit report issued by the credit center indicating the student loan; Household registration book or family member relationship certificate issued by the village (community) and above competent authorities (provided when the lender is the applicant’s parent).

(2) the national student loan on campus.

The national student loan contract or the personal credit report issued by the credit information center indicating the student loan (the list of national student loans provided by the school is not required).

(5) Poverty-stricken population (originally from poverty-stricken families with established files):

There is no need to provide written materials, and it is verified by data sharing between departments and the national poverty alleviation system.

(6) From poor disabled families (marginal families in urban and rural areas and one of the parents of graduates is a certified disabled person), it is necessary to provide:

(1) the "low-income marginal family certificate" or the low-income marginal certificate issued by the township (street) level and the competent department;

(2) a disabled person’s card (card) issued by one of the parents or a 1-8 grade disabled soldiers card or a disability certificate issued by a township (street) level or above disabled persons’ federation;

(3) the household registration book or the family member relationship certificate issued by the village (community) and above authorities (the minimum living allowance certificate or the minimum living allowance certificate must be provided when there is no applicant information).

Handling path

ZhelibanApplication for job-seeking and entrepreneurship subsidiesapplet; mini programs

Tips

In addition, through"Zheli Office" APP,"Zheli Office" Alipay applet orZhejiang government service networkSearch for "application for job-seeking and entrepreneurship subsidies",It can also be handled.

　　(Reporter Dai Lili) Recently, the national social insurance public service platform was put into trial operation, and the insured can calculate how much pension they can receive in the future.

　　The website of the national social insurance public service platform is http://si.12333.gov.cn. The platform can provide social security annual enrollment information inquiry, treatment qualification authentication, pension calculation, social security relationship transfer inquiry, remote medical inquiry, overseas exemption application, social security card and electronic social security card status inquiry, etc., all of which are national and cross-regional services.

　　The website platform provides two registration methods, one is according to the ID number, and the other is according to the social security card and social security bank card.

　　Many people are puzzled that they have to pay hundreds or even thousands of dollars a month to pay the old-age insurance, but how much will they get when they retire in the future? Can "capital" be recovered? People really want to make a "one-click generation" through a ready-made calculation program to know the amount of their retirement pension. However, the prediction of pension is very difficult, the calculation formula is extremely complicated, and it is closely related to variables such as social wage, personal wage and interest rate. Under the condition that these factors are still unknown, it is almost impossible to calculate pension. Therefore, many calculators that can be searched online only calculate the payment amount, and it is difficult to find one that can accurately estimate the pension benefits. The official measurement service provides convenience for people.

　　It is reported that the platform will first provide the functions of social security annual enrollment information inquiry, treatment qualification authentication, pension calculation, social security relationship transfer inquiry, medical consultation in different places, overseas exemption application, social security card and electronic social security card status inquiry, etc., to achieve nationwide cross-regional services.

　　illustrate

　　Zhang, female, 35 years old, retired at the age of 55, and has paid for 11 years. "Average contribution wage index in previous years", in layman’s terms, is the ratio between one’s own salary and the social average salary. Because Zhang’s monthly salary level is generally about twice the social average salary, this index is assumed to be "2". At the end of last year, the personal account deposit amount can be found in her social security statement. Zhang’s current deposit amount is 107,519 yuan, and the "average monthly salary of employees in Beijing last year" is 7,855 yuan.

　　Then you need to fill in two forecast information: "average wage growth rate of employees in the future" and "future personal account bookkeeping rate". Because the average wage growth rate of employees released by Beijing Municipal Bureau of Statistics in recent years varies from high to low, reaching close to 18% at high time and just over 4% at low time, the "average wage growth rate of employees in the future" here is assumed to be 8%. "Future personal account bookkeeping rate" refers to the interest generated by the accumulated storage amount of personal accounts of endowment insurance. This bookkeeping interest rate should be determined with reference to the local average wage growth rate of employees in the previous year, the bank’s resident time deposit interest rate, the actual income from the operation of the endowment insurance fund and other factors. For example, the annual bookkeeping interest rate in 2016 is 8.31%, and the annual bookkeeping interest rate in 2017 is 7.12%. Let’s assume that this figure is 8%.

　　After all this information is input, the system gives the pension budget results. Zhang will retire in 2039, and his basic pension is about 19,123 yuan, including 9,702 yuan for basic pension, 9,421 yuan for personal account pension and 0 yuan for transitional pension.

　　It must be emphasized that these calculations are only made under the simulation hypothesis of multiple variables. The actual amount shall be calculated by the local social security agency at the time of retirement.

　　On the morning of the 23rd, Beijing Education Examinations Institute announced the minimum control score for the batch (type) admission of Beijing High School Entrance Examination in 2019. After the merger of one and two undergraduate courses, the control score for the ordinary batch admission is 480 points for liberal arts and 423 points for science, with full marks for both liberal arts and mathematics. There are 14 people with a score above 680 for liberal arts and 24 people with a score above 700 for science. From 12 noon yesterday, the college entrance examination results were inquired online. Candidates can check their scores by logging in to the website of Beijing Education Examinations Institute, and they can fill in their volunteers from tomorrow.

　　Draw the first independent enrollment control score line

　　In 2019, a total of 59,209 people registered in the city, including 54,065 candidates for the unified examination and 5,144 candidates for the single examination.

　　Yesterday, we announced the admission control scores of ordinary undergraduate students, special types of admission control scores such as self-enrollment (referred to as "self-enrollment line"), admission control scores of art undergraduate students, 330 scores of liberal arts and 300 scores of science majors in physical education, social sports and leisure sports (60 points in physical education) (see the above table for details).

　　It is worth mentioning that the self-enrollment line announced this time is the first time after the merger of Beijing No.1 and No.2 universities. According to the regulations of the self-enrollment brochure of colleges and universities, the scores of candidates who have been recognized by self-enrollment should reach one line in the same subject in this province, while in the provinces where undergraduate batches are merged, it is the corresponding independent enrollment control score line.

　　The minimum control score line for college admission will be delineated and announced by the Municipal Recruitment Committee on July 23rd.

　　In addition, the reference line for the interview of the unified entrance examination specialist in advance (the total score of three subjects): 120 points for liberal arts and 120 points for science.

　　The admission control score of single examination and single recruit in higher vocational colleges is 120 points. Among them, the score of art major is 84.

　　Yesterday, the statistical table of the scores distribution of candidates for the 2019 Beijing college entrance examination was also published on the website of Beijing Education Examinations Institute, with full marks in arts, sciences and mathematics (see the right table for details).

　　Undergraduate general approval can fill 16 universities.

　　Different from previous years, this year, Beijing promoted the reform of admission batch, merged the first batch and the second batch of undergraduate courses into the ordinary batch of undergraduate courses, set up 16 universities in parallel volunteer, and set up 6 volunteer majors in each volunteer university. According to the Catalogue of Enrollment Majors of Colleges and Universities in Beijing in 2019, there are more than 28,100 undergraduate programs in Beijing.

　　There are two batches of undergraduate enrollment in this city, in addition to the ordinary undergraduate approval, there are also undergraduate advance approval. Undergraduate courses are divided into art and ordinary classes in advance, and candidates can only choose one of them, but not both. Among them, in the art category in advance, the volunteers are set to three sections: A, B and C, and they are admitted in order; In the general category approved in advance, the volunteer setting is also three paragraphs: A, B and C, and there are two sequential volunteers, and each volunteer reports to one university. In addition, specialist enrollment is accepted in two batches: specialist advance approval and specialist general approval.

　　From 8: 00 on June 25 to 20: 00 on June 29, the candidates for the unified examination will fill in the undergraduate pre-approval volunteers, special types of enrollment volunteers, and undergraduate general approval volunteers, while the candidates for the single examination will fill in the vocational education teacher class and the single examination volunteers for higher vocational education. From 8: 00 on July 21 to 20: 00 on July 22, candidates who have not been admitted to the unified examination will fill in the advance approval of the specialist and the general approval of the specialist.

　　Candidates must log on to the website of Beijing Education Examinations Institute to fill in their volunteers within the specified time, and complete the information submission before the deadline, and no supplementary report will be given after the deadline. Candidates’ volunteering is an important basis for admission. Once the time for volunteering is closed, no one can change it. Volunteer filling and admission in each batch shall be conducted before the next batch of admission begins. During the admission period, the time for volunteering in each batch will be released in time through the website of Beijing Education Examinations Institute.

　　This year, the city implemented the reform of art volunteer setting and admission. In order to better serve art candidates to fill in the college entrance examination volunteers, the examination institute also announced the results of the fine arts unified examination, the results of the college entrance examination and the comprehensive score distribution statistics of qualified candidates.

　　Our reporter Ren Min Liu Mian

With the consent of the CPC Central Committee and the State Council, the 2020 National College Entrance Examination (hereinafter referred to as the "College Entrance Examination") will be postponed for one month, and the examination time will be from July 7th to 8th.

The specific subject examination schedule is: July 7, Chinese from 9:00 to 11: 30; Math is from 15:00 to 17:00. On July 8, liberal arts comprehensive/science comprehensive from 9:00 to 11: 30; Foreign languages from 15:00 to 17:00.

Hubei Province and Beijing Municipality may, according to the situation of epidemic prevention and control, study and put forward opinions on the time arrangement of college entrance examination in their own regions, and release them to the public in time after the approval of the Ministry of Education.

Ministry of Education

March 31, 2020

1. Appearance: The new Sylphy adopts a brand-new design, with smoother and more dynamic lines. The classic Sylphy maintains the old design style and is relatively conservative.

2. Interior: The interior design of the new Sylphy is more fashionable and simple, and many soft materials are used to enhance the texture of the car. The interior of the classic Sylphy is relatively simple and the material is relatively hard.

3. Power: The new Sylphy is equipped with a 1.6L naturally aspirated engine with a maximum power of 93kW and a maximum torque of 154Nm. The classic Sylphy is equipped with two naturally aspirated engines of 1.6L and 1.8L, with the maximum power of 86kW and 98kW respectively and the maximum torque of 153Nm and 174Nm respectively.

4. Configuration: The new Sylphy is equipped with more safety configuration and technology configuration, such as automatic parking and intelligent cruise. The classic Sylphy configuration is relatively low, without these advanced configurations.

Generally speaking, the new Sylphy is better than the classic Sylphy in all aspects, and it is superior in design, interior texture and dynamic performance. Of course, the price will be slightly higher than the classic Sylphy.

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.