In 19 provinces, the maximum monthly quota for the retirement pension adjustment plan in 2019 rose by 70 yuan.

  How much has your pension increased this year?

  According to incomplete statistics, as of July 8, 19 provinces, autonomous regions and municipalities such as Beijing and Hebei have determined the retirement pension adjustment plan for 2019. The consultation on Zhejiang’s 2019 retirement pension adjustment plan also ended in late June.

  Table: Overview of the adjustment of basic pension quota for retirees in 19 provinces in 2019

  Generally speaking, the adjustment plans of 19 provinces are mainly carried out in a combination of quota adjustment, hook adjustment and appropriate tilt adjustment. The overall adjustment level is determined according to about 5% of the monthly basic pension for retirees in 2018.

  According to the reporter’s combing, it is found that the specific plan of Henan quota adjustment has not been made public yet, and the quota increase of other provinces clearly ranges from 22 yuan/month to 70 yuan/month.

  From the perspective of adjustment objects, Hebei and Hainan provinces implement different adjustment schemes for retirees and retirees respectively. The basic pension for retirees in Hebei Province will be increased by 40 yuan every month, and the retired personnel will be increased by 22 yuan every month; 41 yuan and 25 yuan are added to Hainan’s retirees and retirees every month.

  Other provinces have the same adjustment scheme for retired and resigned personnel. Among them, Liaoning divides the quota adjustment into five grades according to the time when retired (post) personnel take part in work, with the highest in 70 yuan and the lowest in 25 yuan. Hubei divides the quota adjustment into three grades according to the retirement time of retirees.

  In terms of hook adjustment, all localities mainly adjust according to the payment period of pension insurance for retirees, so that those who pay more and pay more at work can get more pensions. In terms of tilt adjustment, the adjustment targets of various provinces mainly focus on retirees over 70 years old and retirees in hard and remote areas.

  Compared with other provinces, Guangdong and Jiangsu provinces have a larger range of pension adjustment personnel: Guangdong follows the practice since 2016 and classifies retirees who received basic pensions for the first time in the first half of this year (January to June 2019) into this adjustment range; For the first time this year, Jiangsu included those who went through retirement and resignation procedures in the first half of this year (from January 1 to June 30, 2019) in the scope of this pension adjustment. The adjustment targets in other provinces are those who have gone through retirement and resignation procedures before December 31, 2018.

  It is reported that the payment of pension adjustment amounts in various places will be reissued from January 1, 2019. At present, the amount of pension adjustment in Beijing and Shanghai in 2019 has been reissued. Shanxi, Inner Mongolia, Liaoning, Jiangsu, Zhejiang, Fujian, Henan, Guangdong, Guangxi, Ningxia, Xinjiang and other provinces are expected to complete the payment of adjusted pensions before the end of July; Hebei, Hubei and other provinces are expected to complete the payment of adjusted pensions before the end of August. (Intern Zhang Yifang)

How much is the new Porsche Cayenne quoted?

On April 18th, 2023, Porsche brought a shocking release of the new Cayenne series to fans all over the world, including five models. Among them, the entry-level brand new Cayenne starts at RMB 980,000, and the Cayenne E-Hybrid Coupé is also launched simultaneously, starting at RMB 980,000. The most performance Cayenne Turbo GT is priced at a staggering 2.508 million yuan, which shows the luxury and strength of the brand.

In the domestic market, the Porsche Cayenne has many models on sale, and the official quotation range spans 9.3 million yuan to 1.908 million yuan. It is worth noting that the dealer has not provided preferential information for the time being, but its pricing strategy is relatively transparent. For car buyers, the full landing price of a Cayenne may reach 10.95 million yuan, which reflects its high-end positioning and market positioning.

For those car buyers who care about the official guide price, the official guide price of Porsche Cayenne is 9.8 million yuan to 18.8 million yuan, and the E-Hybrid version of the lowest model of Cayenne starts at 980,000 yuan. As a luxury SUV, Cayenne has won the favor of many consumers with its unique design and performance.

Although the market situation in different regions may be different, according to the known information, the lowest price ranges from 8.6 million yuan to 26 million yuan, and the guide price ranges from 9.2 million yuan to 26 million yuan, and it is equipped with an automatic transmission. Car buyers must consider the price fluctuation in specific areas when deciding to buy.

Although the interior of the Porsche Cayenne continues the brand’s consistent style, such as ignition switch, three-spoke steering wheel and large-area leather finish, these details can’t hide its exquisiteness and quality as a luxury car.

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In a word, the price of the new Porsche Cayenne fully reflects its brand value and luxury positioning. For consumers who are interested in buying, they need to make full budget preparation and market research to find the most suitable model and price point.

Get the money! The application for job-seeking and entrepreneurship subsidies has already begun, so hurry up and apply for it in the "Zheli Office"!

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

answer questions and remove doubts

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

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

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

2. orphans;

3. Disabled persons with certificates;

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

5. Poverty alleviation population;

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

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

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

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

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

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

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

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

Q: Is it necessary to achieve employment and entrepreneurship?

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

Application steps

(A) the choice of circumstances

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

Dingtalk_20230818163912.jpg

(2) Fill in the form online

Fill in personal information according to the form prompts.

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

Dingtalk_20230818163924.jpg

(3) Submit an application

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

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

Dingtalk_20230818163934.jpg

Required materials

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

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

2. The applicant’s identification materials:

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

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

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

(2) orphans, need to provide:

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

(3) Disabled persons with certificates shall provide:

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

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

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

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

(2) the national student loan on campus.

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

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

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

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

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

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

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

Handling path

ZhelibanApplication for job-seeking and entrepreneurship subsidiesapplet; mini programs

Tips

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


Announcement on the Schedule of National College Entrance Examination in 2020

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

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

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

Ministry of Education

March 31, 2020

2021 Toyota Senna 2.5 hybrid MPV is the king of cost performance.

  Parallel importer 6: 2021 2.5 hybrid electric vehicle, this car also has special features in power. It is composed of a 2.5L hybrid, matched with CVT gearbox, with super performance. While maintaining strong output, the fuel consumption of the car will be further reduced, which is not only environmentally friendly but also improves fuel economy. It can save a lot of budget to maintain the car later, which is also in line with the requirements of domestic commercial vehicles. In addition, for convenient operation, this car retains the traditional mechanical gear lever, which can be described as well.

  Compared with the old models, the 21 Senna models have undergone earth-shaking changes, adopting the latest design concept of Toyota, and the overall design is bold and radical. In particular, the exaggerated large-mouth air intake grille with a long and narrow front LED headlight combination further enhances the recognition of the front face. The chrome-plated decorative strip above the headlight combination has been perfectly extended, which looks more exquisite, while the overall line of the new Senna side is slender and concave-convex, which reflects the advanced texture after the update.

  21 Toyota Senna 2.5 hybrid car body size parameters: length * width * height: 5095*1985* 1810MM wheelbase: 3030MM front and rear wheel track: 1720MM minimum ground clearance: 164MM second row leg space: 955MM third row leg space: 922MM second row head space: 1008MM third row head space: 973MM second row shoulder space: 1642MM third row shoulder space: 1552MM maximum load mass: 670 KG body structure:

  The design of 21 Toyota Senna 2.5 oil-mixed tail is also very fashionable, which can be said to have undergone earth-shaking changes. The red LED taillights are the biggest design highlight of the whole tail, which not only has a sporty shape, but also has excellent lighting effect. The blue Toyota Iogo indicates the identity of the new Senna hybrid model.

  21 Toyota Senna configurations: length * width * height: 5085*198* 1810MM body structure: 5 doors and 7 seats MPV wheelbase: 3030 curb weight: 2155KG maximum load weight 560 fuel tank volume: 75L air intake mode: naturally aspirated cylinder arrangement mode: V6 number of valves per cylinder: 4 compression ratio: 11.8 valve train: DOHC maximum horsepower: 300 maximum power: 221 maximum power speed: 6600 maximum torque: 357. Four-wheel drive form: full-time four-wheel drive body structure: loaded body brake type: ventilated disc airbag quantity: 10.

  Name of dealer: Tianjin Xiangruitong Automobile Sales Co., Ltd.

  Dealer Address: 203A, Building 10, Yihang International, Binhai New Area, Tianjin

  Dealer’s phone number: Anna Liu 18222552829 (the phone is synchronized with WeChat)

  Disclaimer: The above car purchase preferential information is provided by the comprehensive dealers of this website, and the price fluctuates greatly due to market factors, which is only for car purchase reference; The distributor is responsible for its authenticity, accuracy and legality, and this website does not provide any guarantee or assume any legal responsibility.

The Cultural Mission of the Communist Party of China (CPC) People in the New Era

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

  Guangming Daily (June 20, 2019, 05 edition)

Review on the operation of the board of directors of Chuangyuan Information Technology Co., Ltd. in 2022

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.

Looking for the wonderful feeling of queen SPA

Every strength of Indonesian massage is just right.

▲ Milk bath for nourishing skin

▲ Nano-gold mask stimulates skin vitality

Thai massage can relax the muscles and bones.

I’d like to be a lovebird in heaven, and to grow together on the earth, two branches of one tree.. The Chinese Lunar New Year’s Eve is coming. On this special day, make her a SPA queen.

Text/Tao Xiaochun Figure/Jiang Qimin

Greece ningfu goddess theme SPA

Keywords: detoxification

Main raw materials: seawater and seaweed.

In Greek mythology, Nymph is the goddess in charge of the sea, lakes, springs and rivers. She lives in a silver cave at the bottom of the sea, with a beautiful voice and graceful dancing. She often soaks in seawater and has beautiful hair, smooth and flawless skin.

The Nymph-themed SPA takes care of the skin with the help of the rich resources and seaweed in the deep sea. Seawater is highly skin-friendly, can quickly penetrate into the inner layer of skin, deeply moisturize and activate skin, and enhance skin regeneration ability. Seaweed absorbs inorganic elements as nutrients every day, so it contains more natural inorganic elements than land plants, which can provide human needs, improve circulation, help the body detoxify and purify, replenish water and nourish.

Pure body and mind in blue sea water

The ocean foot bath containing marine microalgae appeared first. When your feet are gently immersed in the hot water mixed with lemon grass and green tea ingredients and light blue sea salt, it seems that your feet feel much relaxed at once, and the room is full of fresh and beautiful atmosphere of the sea. The micro algae from the Pacific Ocean make the next bath more relaxing and soothing. The natural Porphyridium and aloe essence contained in it can improve circulation, help the body to detoxify and purify, replenish water and nourish, and make the skin smoother. Being in it feels like floating on the blue water waves, and the sound of the waves lapping on the beach is lingering in my ears, so I can swim in the blue ocean to my heart’s content. This bath is especially suitable for people with poor sleep quality.

In order to further help skin exfoliate and detoxify, deep-sea white seaweed particles can be used to massage the body with lymphatic detoxification aromatherapy massage oil, which can stimulate lymphatic flow, detoxify and remove water, and reduce metabolic stagnation. The final nourishing and repairing body dressing is rich in spirulina essence, seaweed powder and soybean extract, which can effectively detoxify, improve edema, promote health, whiten and smooth skin, repair and resist aging, and nourish and moisturize.

During the whole nursing process, the room was very quiet except that the beautician occasionally asked softly about his feelings. The Indonesian massage used is different from the traditional Chinese acupressure acupoints. It uses more palm force and forearm force, and uses techniques such as palm strike, massage, kneading and reflection. The strength of each movement is just right, and each pressing place is a part that needs to be appeased urgently.

Cleopatra theme SPA

Keywords: anti-aging

Main raw materials: milk, pearls and honey.

Cleopatra Cleopatra is charming, glamorous and sexy. It is said that it was later discovered that Cleopatra bathed in milk on weekdays, scrubbed her body with sea salt, spread honey all over her body and face, and covered her face with gold foil every night, which eventually created a legend of immortality.

Pearl+milk+honey = young skin

The skin-beautifying effect of fresh milk bath has been described in the poem "Agar Jade Dew Wash and coagulate fat" as early as. And natural whitening and moisturizing milk+honey rich in vitamins+anti-aging holy pearl is a good combination of beautiful skin.

At this time, rose petals and long lemongrass floated in the white bathtub filled with warm water, and the beauty therapist slowly poured a can of milk and mixed it evenly. The room suddenly exudes a thick sweet smell, arousing the feeling of happiness from the heart. Gently pour a pool of flower water from the neck, shoulders, back and limbs … When taking a bath, soak the skin surface evenly in milk as far as possible, and gently massage it for 2~3 minutes, so that the nutrients in milk and pearl powder and honey can penetrate deep into the skin. When the skin is bathed in it, it will soon become tender, smooth, delicate, moist and whitening. This bubble bath is especially suitable for people with dry and dehydrated skin and mental fatigue.

It turns out that pearl milk can not only help skin exfoliate, but also relieve stress and relax. When used as body membrane, it can also lighten scars, improve skin color and make skin tender and smooth. During the process, the beauty therapist did not forget to remind that although milk is natural, safe and convenient, its effect is relatively short, and it can only stay on the skin surface, so it cannot completely replace other skin care products. In addition, milk contains high oil, so don’t forget to clean it before the end of nursing, so as to prevent clogging of pores and affect the normal function of the skin.

Can Cleopatra’s gold foil dressing really keep her face? Today, beauticians have improved it, using nano-pure gold combined with cytokines, active peptides, hydrolyzed silk protein and other ingredients to do facial care. After continuous use for one month, it has antioxidant, antibacterial and anti-inflammatory effects, stimulates self-renewal, makes skin shiny and transparent, and makes the feeling of firmness and brightness more obvious.

Thai royal herb

Health ball Massage

Keywords: anti-fatigue, relieving body ache

Main raw materials: a variety of herbs.

According to legend, this mysterious royal herbal secret recipe was only enjoyed by nobles in ancient times, and then it was gradually introduced to the people. It was found that the herbs used in it included tropical plants unique to Thailand, such as Casamona ginger, bergamot, lemon grass, tamarind fruit, derris, fennel, turmeric and white crane ganoderma lucidum. It makes use of the warm effect of hot-infiltrated herbal balls to penetrate the drug into the skin and supplement the energy elements belonging to the nursing part.

The refreshing effect of herbal balls

The massage technique in the process is quite unique. Massage important parts of the body with special aromatherapy oil. The beauty therapist uses the weight of his hands, arms, feet and his whole body, and uses unique methods such as pushing, pulling, stepping, pressing and pressing, and acts on muscle fascia and joints by pressing his feet, pressing his waist, stepping on his spine, and judo-style big back span, so as to relax muscles and bones, relieve stress and relax his mind.

The following hot herbal ball massage techniques are also very brilliant, especially the two hot herbal balls alternately act on the whole body skin, clicking, pressing, pushing, kneading or rotating, with various techniques. The beauty therapist will take turns to click and slide the herbal secret recipe health ball on the shoulder, neck, waist and other places that need to be comforted most. It is a little hot at first, but the skin will feel very comfortable after slowly adapting. Repeatedly several times, the herbal secret recipe health ball always keeps the appropriate temperature. Finally, the beautician will put the health ball on the waist and rub it back and forth. At this time, a hot air will be generated in the body, which can be kept for several hours.

Acknowledge the information provided by Yizhu SPA/ J SPA Yingmei Club.

MediaTek Tianji 9300 AI’s performance explodes and produces high-quality pictures within 1 second.

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.

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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.

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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.

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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.

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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".

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

 

Liuyang Guankou Street: Building a "Good Neighborhood Home" and Enjoying a "Happiness Circle" in the Community

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)