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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.

　　Author: Han Meiqun (special researcher of Socialism with Chinese characteristics Theoretical System Research Center, Hubei Province, vice president, professor and doctoral supervisor of School of Marxism, Zhongnan University of Economics and Law)

　　Remain true to our original aspiration and keep our mission firmly in mind. Looking back on the course of cultural construction in the past century, in the fierce collision between eastern and western civilizations, the Communist Party of China (CPC) people have always adhered to the guidance of Marxism, taken human development and social progress as their own responsibility, never forgotten the original, absorbed foreign countries and faced the future, thus opening a new chapter in the development of Chinese culture. Culture makes the country prosperous and the nation strong. In the new historical position and starting point of Socialism with Chinese characteristics’s entering a new era, facing new development opportunities and challenges, the Communist Party of China (CPC) people are shouldering a more arduous cultural mission.

　　1, cultural heritage, realize the great rejuvenation of the Chinese nation.

　　General Secretary of the Supreme Leader pointed out: "The prosperity of a country and a nation is always supported by cultural prosperity, and the great rejuvenation of the Chinese nation needs the development and prosperity of Chinese culture." China’s excellent traditional culture nurtured in the development of civilization for more than 5,000 years is the blood and soul of the Chinese nation, the cultural gene that Chinese sons and daughters can never give up, and the cultural support for the great rejuvenation of the Chinese nation. In the development process of nearly a hundred years, the Communist Party of China (CPC) not only shoulders the heavy responsibility of national independence and national prosperity, but also undertakes the cultural mission of the development and prosperity of Chinese culture.

　　Chinese traditional culture is a complex ideological system and cultural organism, which has both nationality, times and class. If it is simplified and abstracted into a fixed and simple individual, it will be one-sided and metaphysical.

　　Culture makes the country prosperous and the nation strong. The picture shows the campus opera festival held by Yuhua West Road Primary School in Shijiazhuang City, Hebei Province with the theme of "carrying forward the classic Chinese quintessence of opera art". Xinhua news agency

　　In the past, we have made serious mistakes, such as completely denying the value of traditional culture because of its backward or decadent elements, or unilaterally upgrading its status because of its progress or positive side, and so on. These are all things we should be alert to. In the new era, great changes have taken place in the domestic and international environment, and ideological trends or tendencies such as "cultural nihilism", "cultural conservatism" and "cultural fanaticism" are still presented in different forms to varying degrees. How to inherit and develop Chinese excellent traditional culture according to the characteristics of the new era is a major strategic task for the Communist Party of China (CPC) people in the new era.

　　On how to inherit Chinese traditional culture, Comrade Mao Zedong once proposed to "take its essence and discard its dross". The selective absorption of traditional culture can only be completed through people’s purposeful free and conscious activities. In the new era, under the guidance of Marxism, we should follow the logic of cultural development, focus on grasping and analyzing traditional culture from the perspective of historical and cultural continuity, not only understand its historical position and historical value, but also recognize its era connotation and practical significance. At the same time, we should face the future, strengthen our cultural self-confidence in the great practice of realizing the historical mission of the great rejuvenation of the Chinese nation, stick to our cultural stand, oppose "cultural hegemony" and "cultural invasion", and strive to create Chinese culture with China characteristics, China style and China style.

　　2, cultural innovation, building a socialist modernization power in an all-round way.

　　Innovation is the soul and motive force of cultural development and progress. Throughout the history of human civilization, whether in the East or the West, cultural innovation has played a key role in the long-lasting and prosperous culture. In essence, the European Renaissance in the 14th and 16th centuries was not a cultural revival movement back to ancient Greece and Rome, but a thorough cultural regeneration and cultural innovation movement, which greatly accelerated the process of western civilization. In the modern new culture movement in China, cultural innovation and ideological emancipation have always been the main theme, which greatly promoted the transformation and modernization of Chinese traditional culture.

　　History and practice have repeatedly proved that innovation is an inexhaustible motive force for the country and the nation to maintain vitality and vitality forever.

　　The Communist Party of China (CPC) has always attached importance to cultural innovation and cultural construction. In different historical periods of China’s revolution, construction and reform, the Communist Party of China (CPC) people actively cultivated and spawned revolutionary culture and advanced socialist culture under the guidance of Marxism, based on Chinese excellent traditional culture, based on practice and taking innovation as a breakthrough. At present, China is forging ahead along the goal of "two hundred years", and the Communist Party of China (CPC) shoulders the mission and task of cultural innovation entrusted by the times. "Raise the banner, gather people’s hearts, cultivate new people, promote culture and display image". Only by creating a new culture worthy of the times with the attitude of innovators can the Communist Party of China (CPC) people forge ahead in the journey of building a socialist modernization power in an all-round way and the great rejuvenation of the Chinese nation and realize their glorious dreams.

　　To promote cultural innovation in an all-round way, we must handle the relationship between cultural inheritance and cultural innovation. Chinese culture has always paid attention to the dialectical relationship between "change" (innovation) and "constant" (inheritance). Confucius once said: "Yin gained and lost because of Xia Li, so we can know it; It is clear that Zhou gained and lost because of Yin Li. Its successor or successor, though immortal, is also known. " It is precisely because of the constant changes that Chinese culture has gone through thousands of dangers and changes, but it is still endless and endless.

　　To promote cultural innovation in the new era, we must uphold the guiding position of Marxism in the field of cultural ideology. Ideology determines the direction and road of cultural innovation and development. Marxism is the world outlook and methodology of the proletariat. Under the guidance of Marxism, the Communist Party of China (CPC) promotes the innovation and development of Chinese culture. Its essence is the process of Marxism in China, and it is also the process of Chinese cultural modernization. They are not simply "foreign" and "native", decided and decided, included and included or juxtaposed. In essence, they are a kind of agreement and integration of cultural content and cultural spirit.

　　3. Learn from each other and promote the construction of a new civilized order in the world.

　　As early as more than 100 years ago, Marx and Engels revealed and predicted the globalization trend of world history and spiritual and cultural production. They pointed out that "the satisfaction of the needs of every civilized country and everyone in these countries depends on the whole world" and "many national and local literatures have formed a kind of world literature". In today’s world, with the acceleration of globalization, the conflict and integration between different cultures has become an indisputable fact. In the extremely fierce international competition, the Communist Party of China (CPC) put forward that we should respect the diversity of world civilizations, transcend the estrangement of civilizations, learn from each other, transcend the superiority of civilizations, create a new concept of civilization, promote the construction of a community of human destiny, and build a new global civilized order, which has been recognized by the vast number of peace-loving countries and people in the world.

　　In the history of human civilization development for thousands of years, equal exchanges and mutual learning between world civilizations can promote the development of culture, and vice versa. Zhang Qian’s mission to the western regions and the establishment of the Silk Road greatly promoted the prosperity of eastern and western cultures; However, the Crusade became a "reversed history of Eurasian blood and tears". Civilization or culture has nationality, diversity and equality. The cultures of different nationalities in the world communicate on the basis of equality, are valuable because of communication, learn from each other because of value, and are promoted because of mutual learning.

　　In the tide of globalization, closing the country to the outside world and blindly excluding foreigners are moving against the current, which goes against the law of the development of culture itself. Of course, belittling yourself and worshiping foreign things will also lose yourself and lose your direction. The correct attitude is to strengthen cultural self-confidence, adhere to the principle of cultural equality, take everything in an open spirit, exchange and learn from each other, absorb the strengths of all ethnic groups and adopt the wisdom of a hundred schools. On the one hand, we will "bring in" and learn from the cultures of other ethnic groups in the world to strengthen cultural exchanges and cooperation with foreign countries; On the other hand, "going out" will enhance the world influence of Chinese culture. At the same time, we must resolutely oppose and refute the western thoughts of "clash of civilizations" and "cultural hegemonism", adhere to the cultural equality of all ethnic groups, replace confrontation with dialogue, replace exclusion with exchange, resolve conflicts and promote integration, and jointly create a new concept of civilization and a new civilized order of "civilization exchange, civilization mutual learning and civilization coexistence".

　　Guangming Daily (June 20, 2019, 05 edition)

"The new Braille books in the library are clearly printed, and the current Braille is used correctly, which is very suitable for blind people to read. There is also a special reading table for us blind people. How thoughtful! " On May 4th this year, in the reading room for the blind of Hefei Library, Mr. Jiang, a visually impaired person, said happily to You Yi, assistant procurator of the Third Procuratorate of Shushan District Procuratorate of Hefei.

Teacher Jiang experienced this change in Hefei Library, which benefited from the first administrative public interest litigation case of visually barrier-free information construction in our province handled by Shushan District Procuratorate. In January last year, the prosecutor of the hospital found that the daily reading needs of visually impaired people with disabilities were difficult to meet, Braille books were expensive and difficult to buy, and the borrowing process in some libraries was not smooth. After visiting local disabled persons’ federations, public welfare voluntary organizations and relevant administrative organs, and listening to the opinions of the visually impaired, the prosecutor further learned that the reading room for the blind in Hefei Library could not be used normally, and the configuration of barrier-free information exchange equipment such as Braille books, audio books, voice recording, large character reading equipment and software was not perfect, which made it inconvenient for the visually impaired to borrow. In view of the fact that the reading rights and interests of visually impaired people have not been effectively guaranteed, and the social public interests have been infringed, under the guidance of the provincial procuratorate and the designated jurisdiction of the Hefei Procuratorate, on April 12, 2022, the Shushan District Procuratorate filed an administrative public interest litigation investigation.

Since then, the hospital has held a round table meeting with relevant regulatory authorities to discuss the statutory duties of administrative organs, the implementation of the demands of disabled representatives, the rectification plan, and regulatory measures, and clarified the direction of rectification. On April 15th, the Procuratorate of Shushan District issued a pre-litigation procuratorial proposal to Hefei Culture and Tourism Bureau, stressing that promoting barrier-free environment construction is an important prerequisite for ensuring the disabled and other social members to fully and equally participate in social life. Information accessibility is an important part of barrier-free environment construction and an inevitable requirement for building an information society in an all-round way and promoting social fairness and justice. Hefei Library, as a subordinate unit of Hefei Culture and Tourism Bureau, has some shortcomings in the guarantee of barrier-free information construction. The bureau is responsible for the development of urban public culture and should perform its supervision and management duties according to law to avoid the infringement of social public interests. In view of this, according to the Public Library Law, Regulations on Barrier-free Environment Construction, Regulations on Protection of Disabled Persons in Anhui Province and Administrative Measures on Barrier-free Environment Construction in Anhui Province, this proposal requires Hefei Library to allocate Braille books and related reading equipment according to regulations, optimize the lending process, improve the construction of barrier-free information, and ensure that special groups can enjoy social public cultural services equally.

After receiving the procuratorial suggestions, Hefei Municipal Bureau of Culture and Tourism attached great importance to it and decided to launch a special campaign of "protecting the reading rights of visually impaired people" throughout the city, urging more than 30 libraries in Hefei and related communities to improve the construction of visually impaired reading facilities in time, speed up the transformation of information barrier-free environment, ensure the normal use of reading rooms for the blind, and at the same time, add existing Braille books for social sciences and literature. For this special rectification, Hefei Culture and Tourism Bureau gave a written reply to the Shushan District Procuratorate.

In order to consolidate the results of public interest litigation, on May 4th this year, the Procuratorate of Shushan District specially invited three representatives of visually impaired people and two volunteers of procuratorial cloud platform and supervisors of barrier-free environment construction to walk into Hefei Library for "looking back". Everyone browsed more than 200 new Braille books purchased by the library and experienced the "network+mail" borrowing process and new barrier-free information exchange equipment such as a book listening machine.

In Hefei Library, the Procuratorate of Shushan District, together with the public welfare organization for the protection of the disabled, also held a forum on the spot with the theme of "helping the disabled with culture and reading the light". During the discussion and exchange, participants in the "Looking Back" fully affirmed the efforts made by the procuratorial organs in helping to protect the reading rights and interests of disabled people, and put forward opinions and suggestions on the optimization of Braille book procurement categories, the compilation of e-books, the improvement of online lending process of Braille books, and the promotion of offline navigation volunteer service. The relevant person in charge of Hefei Library said that according to the suggestions and requirements put forward by everyone, the barrier-free information construction in the library will be continuously improved to ensure that special groups such as visually impaired people can better share the achievements of social and cultural services.

"Now the needs of dyslexic groups such as visually impaired people have new connotations and are more diverse. As a procuratorial organ, it should help this special group to share more colorful cultural products in an equal and timely manner with the power of the rule of law." You Yi said. She also told reporters that in the process of handling a series of public interest litigation cases in the fields of transportation and barrier-free information reading, the public interest litigation department of the hospital found that seven disabled representatives who participated in barrier-free environment experience had difficulties in life, and they were transferred to the court as clues for judicial assistance. Complaint and prosecution department. After investigation and verification, the procuratorate issued them a total of 34,000 yuan in judicial assistance.

On October 18th, this administrative public interest litigation case of visually barrier-free information construction handled by Shushan District Procuratorate was jointly rated as a typical case of public interest litigation of barrier-free environment construction by the Supreme People’s Procuratorate, Ministry of Housing and Urban-Rural Development and China Disabled Persons’ Federation. Chu Zhang

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.

[Text/Caiquan Society & Daoge said that the car is shallow] When the price of domestic cars became more and more "outrageous", smart began to stretch. I still remember that the impression of smart at the beginning of the year was 200,000 exquisite cars. On April 14th, the rejuvenated smart Elves #1 and #3 actually jumped directly from 154,900 yuan and 164,900 yuan, which was really surprising. Among them, the guide price range of smart Genie #1 is 154,900-199,900 yuan, and the price is lowered by 25,000-26,000 yuan compared with the old model; The guide price range of smart Wizard #3 is 164,900-219,900 yuan, and the price is lowered by 36,000-55,000 yuan compared with the old model. The adjustment of price strategy reflects smart’s essential understanding of the current competition in the electric vehicle market in China.

While the product price is more close to the people, smart Elves #1 and #3 have repositioned the two products for the domestic market. According to the market environment and user research, some configurations are optimized in the new version, so as to better meet the actual consumption needs of users. At the same time, smart provides a variety of optional packages for close friends to match freely to meet the individual needs of users.

In order to help close friends have the Elf car as soon as possible, smart also launched multiple exclusive rights of close friends in a limited time, including limited-time optional preferential rights, flexible purchase and gift rights, free rights of special colors, replacement rights, repurchase rights, and delivery of bonus points. At the same time, there are various financial schemes such as "0 down payment" and "limited time and low interest" with the lowest annualized rate of 1.99%. The minimum daily supply is only a cup of milk tea, so that close friends can easily own a new luxury car. In addition, close friends can also enjoy four basic rights and interests, including super-long vehicle warranty, super-long three-power core parts warranty, worry-free one-button road rescue, unlimited traffic of vehicles and machines, which is thoughtful and sincere.

New luxury smart SUV, #1 riding the dust!

As the first global pure electric vehicle of smart brand, smart Elf #1 has been highly praised by the industry media and users for its new luxury aesthetics and excellent handling in different road conditions since its launch. Recently, this car has been delivered in batches in Hong Kong. The volume of orders in the past two months even exceeded the total sales of Porsche in Hong Kong in 2023. Among them, the performance version of BRABUS accounts for more than 90% of the orders, making it a veritable dark horse of the same class in the local sales. This achievement is undoubtedly remarkable for Hong Kong, a highly competitive market with picky consumers’ tastes.

Nowadays, this boutique car that has been riding in many consumer markets has ushered in a new look. In terms of face value, we continue to adopt the design philosophy of "Sensibility and Lingrui" tailored by Mercedes-Benz global design team: light and shadow penetrating front and rear LED headlights, frameless doors and hidden door handles, and "inspiration ring" suspended contrasting roof, which fully demonstrates the new luxury and fashion taste.

In the interior, it inherits the design concept of "compact outside and wide inside", with 20 flexible storage spaces and a minimalist T-shaped intelligent cockpit, creating a high-quality inspiration space for exclusive close friends.

Intelligently, it is equipped with the smart Pilot Assist intelligent driving system and the smart OS full-scene digital eco-car system, so that each elf has a lively and lovely elf assistant Avatar, and users can enjoy the intelligent and comfortable driving experience at any time.

New luxury sports coupe, open the door and see #3!

As the second global masterpiece of smart Elf series, smart Elf #3 has been released and delivered in many markets such as China and Europe, and has become the love of global hipster fans.

Externally, following the design philosophy of "sensibility and agility", smart Genie #3 won the blessing of the global design team of Mercedes-Benz: the avant-garde and dynamic slip-back shape, combined with the organic combination of muscular feeling and life lines, "stealing the mirror".

In terms of interior, the sports car-class low sitting posture, T-shaped smart cockpit with integrated embracing coupe seat and 1.6m2 immersive canopy further enhance the new luxury sports atmosphere owned by Smart Elf #3, which is "true atmosphere".

In addition, smart Genie #3 has the leading dynamic driving performance at the same level, and the dynamic four-wheel drive version is equipped with a dual-motor intelligent four-wheel drive system, which only takes 4.3s to accelerate 100 kilometers. The whole system adopts the former McPherson rear five-link independent suspension, and the sports chassis jointly adjusted by the smart team and the Mercedes-Benz expert team is "driving and controlling the true type".

It is worth mentioning that, at the launch conference of smart Genie #1 and #3, Tong Xiangbei, CEO of smart Brand Global Company, also implicitly poked a certain meter with high popularity recently. He sat in the car for example: this textured rubber made three bulges and hold the cup by the elasticity of the bulges. In this way, it lost eight moving parts compared with us. How much did it cost? Of course, this kind of texture looks like a brand from a distance, but in fact, if you look at this detail carefully, there is no way to see it everywhere.

The implication is that the control of smart cars in details is quite exquisite, which is not the same as that of some brands.

It can be seen that in order to occupy a place in this year’s more involved competition in China electric vehicle market, smart has not only prepared for the price, but also prepared for the product quality control. Smart Elves #1 and #3, which are already famous, will undoubtedly become a strong support for brand sales after price reduction and upgrading.

At the beginning of the year of "global transition", smart will continue to adhere to the core operation concept of "user center", bring new luxury travel and luxury quality to more close friends with a new look, and constantly "explore the best solution for future urban transportation".

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.

"Melting" wonders of the moon.

"Melting" wonders of the moon.

"Melting" wonders of the moon.

　　An American amateur photographer recently captured a group of spectacular photos of the moon mirage in casco Bay, Maine. This rare astronomical phenomenon is called "Etruscan vases" by French science fiction writer jules verne. The reason for its formation is that layers of air at different temperatures bend the moonlight.

　　When light passes over the boundaries of different air layers, the moon in front of us will be deformed, creating the illusion that the second moon is tightly attached to the first moon. A few minutes later, the two moons separated, and the slightly lower "moon" slipped into the sea again.

　　After a full morning of sunshine, the sea surface began to heat up in the afternoon. Under this condition, an abnormal air layer with high temperature appeared and floated on the sea surface. On the day of this group of photos, the surface temperature of seawater reached 4 degrees Celsius, while the air temperature above the sea surface was only MINUS 8 degrees Celsius. When the light of the full moon hit the boundary between this cold and hot air layer, the path of the light would be deformed and refracted. So the illusion of a second moon appeared.

　　This phenomenon is similar to the illusion caused by puddles on the road in high temperature weather. Physicist Dr. Liz Cowley said: "The photo was taken in the evening. Under the irradiation of sunshine for a day, the sea water heats up, which makes the air temperature above the sea surface rise. Once the air in different layers has a temperature difference, the normal orbit of light passing through them will be deformed, which will produce this illusion. " He explained that the moon was blood red at that time, probably because the blue wavelength of light absorbed by the atmosphere was short, which allowed red light to pass through.

Editor: Li Xiuwei

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.