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

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

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

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

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

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

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

　　Third, the impact on the company

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

　　Fourth, risk warning

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

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

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

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

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

　　It is hereby announced.

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

　　February 20, 2024

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

　　I. Business Summary

(A) business model

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

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

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

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

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

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

Second, the operation review

(1) Business plan

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

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

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

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

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

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

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

2. Continuously improve the research and development strength.

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

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

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

4. Continue to expand domestic and international markets.

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

(2) Industry situation

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

I. Overview of Industry Development

(A) the industry environment

5. Honors won

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

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

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

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

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

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

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

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

(2) Industry characteristics

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

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

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

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

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

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

Second, the industry competition pattern analysis

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

(1) Market size

1. Wireless communication test instrument market

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

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

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

(B) Industry demand analysis

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

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

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

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

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

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

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

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

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

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

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

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

(III) Information on key enterprises in the industry

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

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

1, the United States is German technology.

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

2. Rod and Schwartz

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

3. CLP Koster

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

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

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

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

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

(1) Chuangyuan Microwave Scholarship Issuance

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

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

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

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

Iv. risks faced by the company and countermeasures

(A) the risk of intensified market competition

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

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

(B) the risk of brain drain

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

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

(C) Technology R&D and product development risks

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

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

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

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

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

(E) Risk of government subsidies

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

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

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

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

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

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

Xinhua News Agency reporter Yu Qiongyuan

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

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

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

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

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

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

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

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

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

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

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

Intimate service enhances the confidence of enterprises in "transition"

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

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

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

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

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

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

　　Bian Ce fish and sheep originated from Aofei Temple.

　　Quantum bit report | WeChat official account QbitAI

　　This also cuts the robe, and that also breaks off diplomatic relations. Siraj Raval, the online celebrity of AI, has really become a street rat this time.

　　Moreover, many of them are well-known big names in the industry.

　　After MIT professor Lex Fridman deleted all the content about Siraj from his social media, Jeff Dean, the head of Google AI, also publicly announced that he would take Siraj Raval.

　　Douglas Eck, the chief scientist of Google Brain, took the lead in calling for: this scum, criticize him and take him away!

　　Rachel Thomas, co-founder of fast.ai, regrets it even more:

　　I interviewed Siraj Raval, and it’s a stain on my life.

　　Who is Siraj Raval (Siradj Laval) who was torn by a group of bosses?

　　He is a well-known broadcaster of YouTube, and his AI network course is very popular abroad. If we want to make an analogy, his popularity in English AI online class is just like that of Li Xiaolai in the currency circle.

　　Now, however, the online celebrity native’s design is crumbling. Not only is the paid online course accused of cheating money, but the published paper is also naked plagiarism-all by Ctrl+C and CTRL+V..

　　Before being accused of "cheating money", Siraj still kept his face straight, skipped live as usual, and publicly quoted his own paper.

　　However, unfortunately, Andrew M. Webb, a researcher at Manchester University, took a look at it-is it too insulting to copy and paste the paper like this?

　　Later, the drums broke through thousands of people, and more netizens came off the scene to reveal that Siraj, online celebrity, had no underwear left today …

　　△ skinned stickers reddit heat 2000

　　It is also considered that AI is too hot, and mud and sand are everywhere. Siraj shattered the three views of the AI ? ? community with his own efforts.

　　A popular online class

　　How hot is Siraj? Just look at his former followers: Jeff Dean, Ian Goodfellow, Fran? Ois Chollet… … (All have been cleared)

　　I graduated from Columbia University with a bachelor’s degree (questioned by netizens as a dropout). In 2016, I started uploading artificial intelligence and blockchain related courses on YouTube. Siraj used this style of painting-

　　△ sing rap

　　Known as the strongest Rapper in the AI world.

　　He also founded the School of AI, an AI learning community, and called it a non-profit organization, aiming to provide world-class AI education for anyone on the planet.

　　It is said that more than one million students have seen his online class. And every project he has on GitHub has thousands of stars.

　　△Siraj Raval part GitHub project

　　Three months to learn data science, six weeks of intensive learning … Almost every course is under the banner of rapid learning.

　　Moreover, talking about learning AI to make money is just a title of "The Road to Wealth and Freedom".

　　Because of this resume, eloquence and ability to fool, it was really followed at first, and the business prospects were bright.

　　However, after he launched the charging course Make Money with Machine Learning, Siraj got into trouble.

　　People set a fuse for collapse: using knowledge to pay for cheating money

　　What got Siraj in trouble was an online course he offered, "Making money by machine learning".

　　Just by listening to the name, you can know that this is a knowledge-paid online course that netizens love to see, but the price is not close to the people at all, and it is much more expensive than ordinary courses in Udacity and Coursera. After all the courses are completed, you have to pay 199 US dollars, equivalent to nearly 1300 yuan.

　　He also claimed that his energy was limited, and in order to focus on a few students, he was limited to 500 people.

　　Even so, according to this limit, this course can earn him $100 thousand.

　　Of course, with Siraj’s high popularity, it is definitely not a problem for the course to be full.

　　But the tricky thing began to be exposed.

　　The paid students later found that Siraj not only did not build an exchange group for the course, but also found that some students could not contact each other at all when they tried to communicate through the chat software Slack.

　　This is naturally intentional.

　　Siraj actually adopted the method of building a group in batches, and recruited a total of 1200 students before and after, that is to say, in the name of "limited" marketing, taking advantage of the information gap and secretly expanding enrollment, with the aim of making as much money as possible.

　　Students who know the truth are angry because of "false propaganda", and they also find that the quality and commitment of the course are just like the propaganda at the time of registration.

　　One of the important things is personalized help, which is completely broken.

　　Siraj just released a 30-minute video course every week and gave everyone a question-and-answer period. What about focusing on a few students?

　　More ironically, students find that the course content can be found for free on GitHub … What’s more?

　　Holding something that is free and open source, and then deleting the license to claim originality to make money, itself violates the spirit of the open source community and is despised by the majority of programmers.

　　As a result, students have asked for a refund and dropped out of class, and the momentum is growing.

　　But how can Siraj, who has a good fortune, easily let go of the meat in his mouth? He moved the students to Discord, another chat software, and set up a special program. All messages containing the word "refund" were deleted.

　　If someone goes to his YouTube or Twitter to reply and ask for a refund, Siraj will always black them out.

　　Siraj then added a refund policy to the website, but the requirement is that the refund must be completed within 14 days after registering for the course.

　　However, this obviously violates California law, because consumers have the right to ask for a refund within 30 days.

　　In the end, Siraj couldn’t stand the huge pressure of netizens’ public opinion, or it may be because he was worried about taking a lawsuit. After weighing it again and again, he announced that students who were dissatisfied with the course and paid within 30 days could provide a full refund.

　　Of course, after this battle, the online celebrity people’s establishment collapsed.

　　Lex Fridman, a teacher and researcher at MIT who had been "pink" Siraj before, was also found by netizens last week to quietly delete all the recommendations about Siraj.

　　The paper was found to be plagiarized at pixel level.

　　However, things are not over yet.

　　What completely collapsed Siraj’s design was that he copied other people’s academic papers at pixel level.

　　Below this post, a netizen said that Siraj’s liar nature had long been discovered, especially from his "Neural Qubit" video. In this video, he just summed up the results of Nathan Killoran’s paper and added some subjective and controversial biological theories, but claimed to be his own research.

　　Even the code he posted to GitHub just copied and pasted other people’s versions, and deleted the license and changed some constants.

　　Yesterday, someone even analyzed the differences between Siraj and Nathan Killoran in detail on Twitter, which was equivalent to convicting Siraj of plagiarism.

　　It can be seen that Siraj is almost a piece of plagiarism. The charts, formulas and even symbols used in the two articles are exactly the same.

　　Even careful netizens found that Siraj’s plagiarism can be described as "true pixel level", that is, really taking screenshots.

　　Generally, people who do academic writing will use LaTeX to edit formulas, but the resolution of formulas in Siraj’s paper is actually lower than that in the original paper.

　　Yes, the chart in his paper is so vague. A reasonable explanation is that he just copied and pasted the pictures in other people’s papers.

　　Maybe even "washing the manuscript" feels laborious.

　　Of course, some people say that maybe Siraj doesn’t know LaTeX at all, his college grade is B, and he hasn’t attended graduate school, so he doesn’t have the ability to write professional academic papers.

　　But even if you can’t LaTeX, this plagiarism is too careless. Undergraduate students encounter poor resolution when pasting formulas, and they also know to edit in Word instead of pasting pictures directly.

　　No wonder some people commented that this is simply a plagiarism of Ctrl+C and Ctrl+V levels.

　　Siraj apologizes for his resignation.

　　It is not very nice to say that the expansion of Siraj online courses is just a "just meal" gesture, but copying academic papers and open source code is equivalent to being sentenced to death in the circle.

　　Many big names who had paid attention to Siraj have said that they have cancelled their attention, including Google legend Jeff Dean.

　　An AI enthusiast said that Jeff’s statement is very important. Many people can avoid Siraj’s scam when they see Jeff taking the customs.

　　Siraj saw the momentum, too, and never carried it again.

　　After experiencing a rare silence, in the face of all kinds of evidence dug up by netizens, Siraj finally apologized on his Twitter a few hours ago and deleted the paper suspected of plagiarism on the whole network.

　　However, some people are still kept in the dark, such as the European Space Agency, and even invited him to give a speech at the event.

　　It’s just that there were as many fans as there were at the beginning. Enthusiastic netizens volunteered to set up an "anti-flicker consultation hotline" and sent an email to the European Space Agency, saying that Siraj’s academic ethics was questioned and called for a boycott of his speech.

　　It is also worth noting that Siraj has never forgotten to come to China to collect money over the years.

　　Last year, the domestic blockchain community invited it to cooperate with it, and even called it "Jesus in the machine learning world."

　　Of course, it is not without clues that Siraj misbehaves now.

　　However, because he had a high reputation in the field of machine learning before, and he was too good at marketing, the previous accusations of netizens about his money did not form a momentum.

　　Moreover, Siraj was recognized at first, and it did have something extraordinary. After all, in this field, lively and diverse lecture forms are really unique.

　　However, the motivation is impure, breaking through the bottom line of academic ethics, and trying to make money by using the information gap. In the end, people will inevitably bring about their own destruction.

　　In short, you have to pay it back sooner or later.

　　Fraud in the field of AI will sooner or later be hanged. Right?

　　The author is the signing author of Netease News and NeteaseNo. "Different Attitudes".

This article first appeared on WeChat WeChat official account: Quantum Bit. The content of the article belongs to the author’s personal opinion and does not represent Hexun.com’s position. Investors should operate accordingly, at their own risk.

All relevant units:

　　Recently, after two consecutive cases of positive people were detected in the building where a socially infected person was located in this city, the basic information of all company personnel in the building was not provided, resulting in that the infected person was not required to be isolated at home, but only worked at home. Because the infected person has a trajectory of social activities, it has triggered the risk of social communication. It reflects that there are still some problems in the epidemic prevention and control work of some units, such as unclear base, untrue data and inadequate implementation of responsibilities. In order to further compact the responsibility of the four parties, strengthen the awareness of epidemic prevention, and shoulder the responsibility of epidemic prevention, according to the latest deployment requirements of epidemic prevention and control in the city, the basic ledger and management of personnel in industrial and software information service enterprises in the near future are emphasized as follows:

　　First, strengthen the management of basic information ledger

　　All industrial and software information service enterprises should learn a profound lesson, thoroughly find out the base number of employees (including all kinds of hourly workers, short-term workers, temporary workers, interns, outsourcing, labor dispatch, maintenance, security, cleaning, canteens, related security personnel, etc.), and establish and dynamically update employee basic information accounts (including core information: personnel name, ID number, mobile phone number, detailed current address, family contact, etc.); Optional information: building layout, tenant distribution and contact information of this unit, seat distribution of all personnel’s office space, personnel’s business trip, recent nucleic acid detection, unit gathering activities and meeting organization, visitor record, etc.), and register all kinds of visitors to ensure that the source can be traced and the destination can be traced.

　　Second, make good use of personnel nucleic acid comparison register

　　Adhere to the principle of "all examinations should be carried out" and "all examinations should be carried out", and strengthen the management, tracking and supervision of personnel’s nucleic acid detection. Each industrial enterprise should designate a person to be responsible for strengthening the epidemic prevention management of its staff by using the nucleic acid comparison register, do a good job in information collection and dynamically maintain the register; In addition to regular employees, temporary employees, new employees and related service personnel should also be included in the management scope, and those who leave their jobs should be eliminated in time; It is necessary to promptly urge relevant personnel to carry out nucleic acid testing in accordance with the regulations, effectively control the "entry barrier", prevent risk personnel from entering the place of resumption of work and production, and build a strong internal "firewall" for enterprise epidemic prevention. All districts should check the register in time and urge and guide enterprises that fail to carry out relevant management work as required to carry out testing as required.

　　Third, timely cooperate with the flow adjustment to share the information ledger.

　　Implement the "four early" requirements, once an epidemic situation occurs, find out the risk personnel and points as quickly as possible, truthfully provide the basic information of the full-caliber personnel of the unit, cooperate with the work of tracing the source of flow, screening for landing, investigation and control, and resolutely prevent the leakage of people and the loss of control. If there are home office workers, we should adhere to the principle of "who manages and who is responsible", make overall plans for the specific arrangements and education management of employees’ home office, urge their employees to implement the requirements of community epidemic prevention, report their personal health status and activity track daily, and strictly prevent leakage of management.

　　Four, strictly implement the requirements of normalized nucleic acid screening.

　　Do a good job in the normal nucleic acid detection and screening of "people, things and environment" and regular detection and screening of key departments, key populations and key areas. For 34 key groups such as cold-chain cold storage, imported non-cold-chain goods and security guards, which are involved in the fields of industry and software information services, we should carry out all-out inspection, and carry out nucleic acid testing according to the requirements of their respective industries, including cold-chain cold storage employees once a day, imported non-cold-chain goods employees, security guards and canteen employees once every two days, and other stakeholders with wide contacts should also encrypt the frequency of nucleic acid testing, so as to gain time for finding the epidemic risk at the first time and effectively handling it.

　　I hereby inform you.

Beijing novel coronavirus epidemic prevention and control work leading team　　　　

Resumption of production prevention and control group resumption of production working group　　　　

June 23, 2022　　

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

　

Dancing, reading, fitness … Here, everyone can always find their own interesting activities, and walk into the "Neighborhood Home" activity center for the elderly at No.1 Yintian Changxing Lake, Changxing Community, Guankou Street, Liuyang City. It is a "base" for residents’ activities and a "conference hall" for residents to make suggestions and suggestions.

On April 26th, the "Good Neighborhood House" was officially unveiled with the cheers of everyone. Combined with local conditions, the street adheres to the way of party building leading, government leading and social participation, and builds the "Neighbourhood House" of Yintian Changxing Lake No.1, which realizes the construction of leisure activities venues integrating table tennis room, chess room, reading room and conference hall, and also provides services such as rest, drinking water and emergency charging to meet the diversified service needs of residents. At the same time, we will set up functional areas such as "Hello Neighbor Neighborhood Council" and Neighborhood Pioneer Post, extend the service "tentacles" of the Party organization from the general branch of the community to the districts and communities, and build red positions around the residents to realize community governance and residents’ service at the same frequency.

At the beginning of the construction, the general party branch of the community took the lead, with the participation of the community party branch, the industry committee, the property company, the members of the volunteer service team and the neighbors. Relying on the red platform of the community, the opinions of the masses were fully collected, and the residents’ representatives were mobilized to hold a good-neighborly meeting. After many discussions, it was finally unanimously decided that the community party branch would take the lead, the industry committee would raise funds, and the elderly association would assist in the management, so as to build a "good-neighborly house" of about 400 square meters on the eight overhead floors of the community. Really make "small things about people’s livelihood" a major event of "benefiting the people and benefiting the people".

At the opening ceremony of the Good Neighborhood House, the neighbors got together, singing and dancing. Accompanied by cheerful music, the performance kicked off in the opening dance of "Gathering Together". The dance "I Love Beautiful China" and other programs fully demonstrated the vitality and spiritual outlook of residents, and condensed and conveyed the positive energy among neighbors.

"Now, we have our own activity center. I dance when the weather is fine, and play chess and ball games when it rains. It’s really good …" Liu Yi, 58, said happily, waving a ping-pong bat, "Neighborhood House" has built a communication platform for residents, which has brought neighborhood relations closer, enhanced neighborhood feelings and further enhanced the sense of belonging and happiness of community residents.

Complete convenience service facilities, comfortable chairs and sofas, neatly arranged books … This warm and diverse neighborhood space closely revolves around the working idea of "co-construction, co-governance and sharing", and strives to extend services to people’s doorsteps and send warmth to people’s hearts.

In recent years, Guankou Street has actively built a "good neighbor’s house" activity position, and carried out neighborhood cultural activities in a normal way, so that "strangers" become "friends" and "friends" become "relatives". In the next step, Guankou Street will be guided by residents’ needs and rely on the "Good Neighborhood House" to carry out a variety of neighborhood activities to create a "happy life circle" with more family flavor and human touch. (Li Chunlan, Zhang Huizhi)

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

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

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

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

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

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

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

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

According to CCTV news, the reporter learned from the press conference on the prevention and control of COVID-19 epidemic in Baise City, Guangxi Province held in Debao County on the afternoon of the 14th that some people found that they had never been to medium and high-risk areas, but the health code turned into a yellow code or a red code. If this happens, it can be transcoded in the following ways:

First, through the abnormal feedback function of Guangxi Health Code-Scan Code Anti-epidemic applet, we can make independent complaints about personal health code abnormality, upload screenshots of travel cards, screenshots of nucleic acid detection reports, health commitment letters and other supporting materials, and the administrators of counties, townships or towns, streets and districts will complete the processing within 24 hours after receiving the information reminder of the health code abnormality feedback processing list within their jurisdiction.

The second is to report to the unit, the property of the residential area and the local community and village by telephone. By the county or township, street zoning administrator to meet the conditions of restoring the green code personnel transcoding.

Third, other situations can be consulted and reflected through the 12345 hotline.

Editor Zhao Xi