Re-inventory of Xiaomi IPO concept stocks: Who will lead the eight ecological chains and supply chain companies?

Xiaomi officially submitted a listing application to the Hong Kong Stock Exchange, which also stirred the Xiaomi concept stocks in the A-share market.

Wind data shows that on May 4th, under the background that the Shanghai Composite Index fluctuated within a narrow range throughout the day, the Xiaomi industrial chain index closed down by 0.81%, and there was no daily limit of Xiaomi concept stocks. Only three concept stocks rose by more than 3%, namely Fenda Technology (002681), Keda (600986) and Su Daweige (300331).

Looking back on May 3rd, the industrial chain index of Xiaomi rose by 3.01%, and the concept stocks Fenda Technology and Anjie Technology (002635) closed at the daily limit, while Changying Precision (300115), Aoshikang (002913) and Jingda Shares (600577) were among the top gainers.

On May 3rd, the concept stocks of Xiaomi industrial chain were among the top gainers. Source: Wind

According to Xiaomi’s prospectus, its revenue composition is mainly divided into four revenue business segments: smart phone, IoT (Internet of Things) and consumer products, Internet service and others. In 2017, its revenue was 80.563 billion yuan, 23.447 billion yuan, 9.896 billion yuan and 716 million yuan respectively, accounting for 70.3%, 20.5% and 8.6% of the total revenue.

"This is our original triathlon business model: hardware+new retail+Internet service." Lei Jun said in the latest open letter that "Xiaomi is an Internet company with mobile phones, intelligent hardware and IoT platform as its core." Judging from the layout of Xiaomi, its eco-chain products cover air purifiers, rice cookers, water purifiers, electric fans, air conditioners and other fields.

According to the previous research reports of various brokers, The Paper found that most institutions believe that Xiaomi’s product matrix has initially taken shape, from mobile phones to the Internet of Things, completing the transformation from startups to technology unicorns.

GF Securities said in the research report that from the "iron triangle" to the Xiaomi ecosystem, Xiaomi has a strong growth momentum and is expected to become an emerging Internet technology force after BAT.

"Driven by manufacturing power, new innovation, Belt and Road Initiative, new retail policy and industrial strategic trends, Xiaomi’s industrial chain as a whole will fully benefit, including the two major benefit chains of’ eco-chain+supply chain’, in the following order: Xiaomi’s eco-chain terminal product manufacturers benefit the most, followed by Xiaomi’s foundry company with a large proportion of business, and finally the supply chain parts company."

Xiaomi ecosystem. Source: Xiaomi Prospectus

Xiaomi ecological chain

In 2013, Xiaomi began to set foot in the ecological chain of the Internet of Things. From the initial mobile phone peripheral products, such as Xiaomi mobile power supply, Xiaomi patch panel, piston earphone, etc., to the later intelligent hardware and daily consumables, such as mi band and air purifier, the business of Xiaomi ecological chain has been growing, involving intelligent hardware, smart home and so on.

According to the statistics of orient securities Research Report, by 2017, Xiaomi has invested in more than 100 eco-chain companies and released more than 200 products.

Southwest Securities believes that the Xiaomi ecological chain has played a "catfish effect" on the industries involved, stirring the industry through cost-effective products, changing the product definition of this industry, reconstructing the industrial chain, and transforming traditional industries by improving efficiency.

"For enterprises in the ecological chain, Xiaomi has a huge user base and can provide sufficient financial support. With relatively mature product methodology and strong supply chain resources, ecological chain enterprises can quickly become bigger and stronger with Xiaomi’s platform."

According to Xiaomi’s prospectus, Xiaomi has built the world’s largest consumer-grade IoT platform, connecting more than 100 million smart devices (excluding mobile phones and laptops). In 2017, according to the number of connections, Xiaomi’s global market share of consumer-grade IoT hardware was 1.7%, followed by Apple 0.9%, Amazon 0.9%, Samsung 0.7% and Google 0.6%.

Xiaomi Eco-chain listed company. Source: GF Securities

Based on the opinions of a number of brokers and the announcements of listed companies, The Paper listed the three most concerned by the institutions.

The concept underlying stocks are for investors’ reference and do not constitute investment advice.

Gongda electroacoustic (002655)

Gongda Electro-acoustic is a manufacturer, service provider and overall solution provider of electro-acoustic technology.

Wanmo Acoustics, Xiaomi’s first eco-chain company, has indirectly become the largest shareholder of electroacoustic. On December 29, 2017, a total of electroacoustic announcements were made, saying that Weifang Hi-Tech, the controlling shareholder, transferred all its 15.27% shares to Aisheng Acoustics at a transaction price of 995 million yuan. After the transaction was completed, Aisheng Acoustics became the largest shareholder of the company.

Wanmo Acoustics, a Xiaomi eco-chain enterprise, holds 100% equity of Aisheng Acoustics. Wanmo Acoustics was founded at the invitation of Lei Jun, and was also invested by Lei Jun’s angel at the beginning of its establishment. Shunwei Capital, a subsidiary of Xiaomi, currently holds 11.3% equity of Wanmo Acoustics. Wanmo Acoustics cooperated with Xiaomi to launch Xiaomi piston earphone, and the total electroacoustic sound also entered the ecological chain of Xiaomi earphone.

According to the 2017 annual performance report released by Diansheng on April 17, its net loss in 2017 was 175 million yuan, and its profit in the same period last year was 18,008,100 yuan; Operating income was 787 million yuan, an increase of 9.90% over the same period of last year.

Kairun shares (300577)

Kairun Co., Ltd. is an enterprise that produces suitcases, backpacks, functional clothes and smart shoes and other travel equipment.

In 2015, Kairun Co., Ltd. established Xiaomi Eco-chain Company Shanghai Runmi and Shanghai Shuomi in a joint venture with Xiaomi to create its own brands such as "90 points". In July 2017, Kairun acquired minority shareholders’ equity, and its shareholding ratio in Shanghai Runmi and Shanghai Shuomi increased to 76.9334% and 76%, and its business also increased rapidly.

In 2017, Kairun Co., Ltd. and Xiaomi Eco-chain Company NINEBOT conducted in-depth research and development of the PUPPY series of smart trackable luggage, and the products were recognized by the international market at CES (Consumer Electronics Show) in the United States in early 2018.

According to the annual performance report released by Kairun Co., Ltd. on April 12, its net profit attributable to owners of the parent company in 2017 was 133 million yuan, an increase of 58.81% over the same period of last year; Operating income was 1.162 billion yuan, an increase of 49.84% over the same period of last year.

Jiuan Medical Treatment (002432)

Jiu ‘an Medical is a provider of home medical health electronic products, integrating research and development, production and sales.

Jiu’ an Medical’s 2017 annual report shows that Jiu’ an Medical’s iHealth series brand established a strategic cooperative relationship with Xiaomi in the early days and became a partner of Xiaomi Company in the health field. At the business level, Xiaomi Company and Jiu ‘an Medical have carried out in-depth cooperation in user experience, e-commerce and cloud services.

On the capital level, Jiu ‘an Medical introduced Xiaomi Investment as a strategic investor, and iHealth’s business model and development prospects were recognized by Xiaomi Investment, and it received an investment of 25 million US dollars.

Jiu ‘an Medical said that relying on Xiaomi’s unique business model and huge customer base, the iHealth brand achieved rapid and large-scale promotion with its online and offline dual platforms, which continued to accumulate user groups for iHealth and enriched healthy big data.

In addition, Hualai Technology, a shareholding company of Jiu ‘an Medical, has obtained the investment from Xiaomi and become an ecological chain enterprise of Xiaomi.

According to the annual performance report released by Jiu ‘an Medical on April 26, its net loss in 2017 was 166 million yuan, and its profit in the same period last year was 14.4979 million yuan; Operating income was 598 million yuan, an increase of 42.31% over the same period of last year.

Xiaomi supply chain

Smartphones account for the highest proportion of Xiaomi’s operating income. Xiaomi’s prospectus shows that in the fourth quarter of 2017, Xiaomi ranked fourth in global smartphone shipments and first in India.

GF Securities believes that Xiaomi and Red Rice mobile phones launched by Xiaomi in the early stage, with the advantage of high cost performance, mainly focus on online channels, embrace the Internet dividend, and achieve rapid growth in shipments. In 2016, due to the decrease in online dividends, the growth rate of Xiaomi’s mobile phone shipments declined briefly. However, in 2017, Xiaomi actively laid out offline, opened up the market, improved the supply chain, and returned to the track of rapid growth. At present, Xiaomi’s smartphone product line has two series, Xiaomi and Redmi, which are aimed at the middle and high-end market and the low-end market respectively.

"It is expected that the concentration of related industries in the upstream supply chain of consumer electronics will also increase with the increase of the concentration of terminal industries in the future."

Southwest Securities believes that for large customers such as Apple, Samsung, Huawei and Xiaomi, suppliers who have entered the supply chain list through long-term certification can obtain a relatively stable share, and it is easier to obtain orders when expanding new business and developing new products, which has formed a certain degree of access barriers for upstream suppliers outside the supply chain.

Supply chain listed companies. Source: GF Securities

Based on the opinions of a number of brokers and the announcements of listed companies, The Paper reporter listed five concept underlying stocks that are most concerned by institutions for investors’ reference and do not constitute investment advice.

Pulutong (002769)

Pluto is a manufacturer, service provider and overall solution provider of electro-acoustic components and electro-acoustic components.

Since 2011, Pluto has cooperated with Xiaomi, mainly providing integrated supply chain management services including supply chain diagnosis, supply chain optimization and supply chain execution for Xiaomi Communication Technology Co., Ltd., Beijing Xiaomi Electronic Products Co., Ltd. and Xiaomi Technology Co., Ltd. under Xiaomi’s control, so as to reduce costs, improve efficiency and meet the requirements of "zero inventory" production.

According to the announcement of Pulutong, all the supply chain management services of Xiaomi are charged at a certain rate of the value of the goods handled, and the rate level is roughly 0.29%. The business from Xiaomi accounts for 88% of the company’s total business, its service fee income accounts for 76% of the service business income, and its contribution rate to the company’s overall gross profit is as high as 45.78%. Therefore, the change of Xiaomi’s performance has a considerable impact on Pluto’s income.

Huatai Securities believes that Pluto, as an exclusive supply chain service provider, will directly benefit from the scale expansion after Xiaomi IPO financing. After Xiaomi’s listing, the scale growth of Pulutong’s business is expected to maintain a high growth rate and benefit from the development of Xiaomi’s smart home appliances and other sectors.

According to the data of 2017 annual report of Pulutong, its annual income was 5.39 billion yuan, up 49.9% year-on-year, and its net profit attributable to the parent company was 67.835 million yuan, down 64.5% year-on-year.

Wentai Technology (600745)

Wentai Technology is an enterprise engaged in R&D and manufacturing of mobile terminals, intelligent hardware and other products.

The 2017 annual report shows that Wentai Technology jointly launched the "5G Pilot" program with Qualcomm, Lenovo, OPPO, vivo, Xiaomi and other companies in 2017 to jointly develop the huge global opportunities that 5G will bring.

Wentai Technology said that it achieved high growth with high-quality customers such as Huawei and Xiaomi in 2017. It is expected that customers such as Huawei and Xiaomi, China’s mobile phone manufacturers, will continue to grow in 2018, benefiting ODM (Original Design and Manufacturing) companies such as Wentai.

Shenwan Hongyuan Securities said in the research report that with the increasing concentration of mobile phone brands and ODM industry, Wentai Technology has implemented a boutique strategy based on existing customer resources, which will help to bind high-quality customers and increase the value of single machines, thus enhancing the company’s project development fees and technology commission fees.

According to the 2017 annual performance report released by Wentai Technology on April 26, its net profit attributable to owners of the parent company in 2017 was 329 million yuan, an increase of 586.49% over the same period of last year; Operating income was 16.916 billion yuan, an increase of 26.08% over the same period of last year.

Xinwangda (300207)

Xinwangda is a company engaged in the research and development of lithium-ion battery modules, and its main products are lithium-ion battery modules.

Xinwangda said on the investor interaction platform on March 13, 2018: "The company is the main supplier of Xiaomi and the main supplier of Xiaomi eco-chain related companies. Listing is an important milestone in the history of Xiaomi’s development, and it will also have a positive impact on enterprises in Xiaomi’s ecological chain. "

Pacific Securities said in the research report that Xinwangda’s mobile digital business market share has further increased. In the field of consumer batteries, the company has become a global supplier of well-known brands at home and abroad such as Huawei, Xiaomi, OPPO and VIVO, and its share has remained at a high level. The company has cut into the supply chain of several product lines of major international customers, and its share will continue to grow at a high speed. In 2018, the penetration rate of dual-cell and special-shaped battery solutions for mobile phone digital batteries increased, which brought about an increase in the value of a single battery.

"Under the unfavorable situation of declining overall shipments and fierce competition in the mobile phone market, the company’s consumer lithium batteries continued to grow, the battery system business of electric vehicles expanded rapidly, and the power battery production line was built smoothly. The company as a whole achieved steady growth in operating income and net profit."

Xinwangda’s annual performance report released on April 17 showed that the net profit attributable to owners of the parent company in 2017 was 544 million yuan, an increase of 20.86% over the same period of last year; Operating income was 14.045 billion yuan, an increase of 74.43% over the same period of last year.

Sanhuan Group (300408)

Sanhuan Group is an enterprise engaged in the production of passive components, ceramic back covers and other products.

According to the 2017 annual report, the mobile phone ceramic appearance parts of Sanhuan Group have been applied to Xiaomi 5, Xiaomi MIX, Xiaomi 6, Xiaomi MIX2, One Plus X, Essential Phone and other models, and obtained high market evaluation.

Sanhuan Group said that based on the "material+"strategy, it will expand ceramic technology into the field of new energy, and further deepen cooperation with terminal manufacturers such as Huawei, OPPO, vivo and Xiaomi, and the orders will grow steadily.

CITIC Jiantou Securities said in the research report that MLCC and ceramic substrates have been out of stock since 2017, and orders of Sanhuan Group are in short supply and actively expand production. It is expected to benefit from the price increase cycle throughout the year; After the release of OPPO R15 and Xiaomi MIX 2s models, the market feedback was good, and the sales volume was considerable. It was judged that ceramic casings began to be stocked in batches in April, and the possibility of increasing the stocking volume and introducing other terminal brands was not ruled out. Ceramic ferrules and ceramic packaging bases will steadily expand their market share, and at the same time, they will make efforts to build 5 G.

According to the annual performance report released by Sanhuan Group on April 19, its net profit attributable to the owners of the parent company in 2017 was 1.083 billion yuan, an increase of 2.29% over the same period of last year; Operating income was 3.13 billion yuan, an increase of 8.39% over the same period of last year.

Oufei Technology (002456)

Oufei Technology is an enterprise engaged in the production of touch and LCD modules, micro-camera modules and fingerprint identification modules.

Oufei Technology said in its 2017 annual report that the company’s main customers include domestic and international mainstream smartphone brands such as Huawei, Xiaomi and OPPO.

"We have established long-term and stable cooperative relations with well-known enterprises such as Huawei, Xiaomi, OPPO, VIVO, Samsung and Lenovo, and maintained timely and efficient interaction, which has established the company’s industry position as the mainstream supplier of micro-camera module, touch display and biometric module."

Everbright Securities said in the research report that 2018 is expected to be the harvest year of Oufei Technology’s dual-camera business, and the logic of rising volume and price is clear. At present, mobile phone innovation is strong, dual cameras have outstanding advantages in camera quality, and the market share of dual-camera in high-end mobile phone market will gradually increase, and related businesses of the company will directly benefit. In terms of quantity, the company has made a breakthrough in the domestic high-end mobile phone market, formed long-term friendly partners with many manufacturers and became an important supplier. It is expected that the shipment of dual-camera modules will exceed 100 million this year.

According to the annual performance report released by Oufei Technology on April 23, its net profit attributable to owners of the parent company in 2017 was 1.01 billion yuan, an increase of 40.47% over the same period of last year; Operating income was 33.791 billion yuan, an increase of 26.34% over the same period of last year.

Fenda Technology (002681)

Fenda Technology is a new type of intelligent hardware and integrated solution provider and service provider. Its main products include electroacoustic products, health appliances, smart wearable products, wireless modules and metal appearance parts of mobile intelligent terminals.

Fenda Technology said in the 2017 announcement that the end customers of the company’s precision metal structural products include Pingguo, Huawei, Samsung, vivo, Xiaomi, Sony, Motorola, Intel and many other internationally renowned brands. Xiaomi Note3 uses the combination of Fenda Technology’s metal middle frame and glass back cover.

Fenda Technology’s 2017 annual report said that the net profit attributable to owners of the parent company in 2017 was 443 million yuan, an increase of 15.06% over the same period of last year; Operating income was 3.21 billion yuan, an increase of 52.59% over the same period of last year; The basic earnings per share was 0.34 yuan, an increase of 9.68% over the same period of last year.

It is noteworthy that on April 10th, Hainan Securities Regulatory Bureau issued an administrative penalty decision, which punished Fenda Technology employees Linli and Yang Xiaotao for their illegal acts of leaking inside information and insider trading, with a total fine of 243,000 yuan. Because Yang Xiaotao released the "Announcement of Holding Initiative" which was not officially disclosed to the outside world to a circle of friends, it constituted an act of leaking inside information; This circle of friends was seen in the WeChat group and bought the shares of Fenda Technology, which constituted insider trading.

Anjie Technology (002635)

Anjie Technology mainly provides precision functional device production and overall solutions for high-end consumer electronic products such as smart phones and computers and new energy vehicles.

The 2017 annual report of Anjie Technology shows that the main products of Weibo Precision acquired by the company are precision structural parts of consumer electronics metals, which have been successfully produced for well-known consumer electronics brands such as Xiaomi, OPPO, VIVO, Huawei and Lenovo.

On March 28th, Anjie Technology replied to the investor’s inquiry on the interactive platform of Shenzhen Stock Exchange, saying: "At present, the company has not supplied wireless products to Xiaomi, and the company mainly supplies products related to Xiaomi’s smart phone metal parts."

According to the annual performance report of Anjie Technology, the net profit attributable to the owners of the parent company in 2017 was 391 million yuan, an increase of 1.13% over the same period of last year; Operating income was 2.715 billion yuan, an increase of 48.53% over the same period of last year; The basic earnings per share was 0.61 yuan, down 7.58% from the same period of last year.

Huajin Securities said in the research report that Anjie Technology has a layout of die-cutting parts, metal parts and 3D hot-pressed plastic back covers in the smart phone business. The demand for die-cutting functional parts in the trend of full screen, wireless charging and OLED will further enhance the ASP of large customers, and at the same time, the models and product categories supporting domestic customers will continue to increase.

Keda shares (600986)

Keda’s main business is digital marketing, linking media and advertisers, and providing advertisers with marketing service plans and communication plans through data insight and analysis.

According to the 2017 annual report of Kodak, Kodak is the core agent of Xiaomi Online Service. According to the Securities Times, Kodak, as the core partner of Xiaomi online service industry for three consecutive years, has repeatedly set a record for Xiaomi’s single-day launch.

According to the annual report, Keda achieved an operating income of 9.47 billion yuan in 2017, an increase of 34.79% over the same period of last year, and realized a net profit attributable to the parent company of 463 million yuan, an increase of 11.29% over the same period of last year.

Essence Securities said in the research report that the comprehensive integration effect of Keda shares appeared, and the digital marketing business exceeded expectations. At present, Keda has completed the comprehensive integration from physical space to organizational form, covering the whole industrial chain of digital marketing and becoming a leading enterprise in digital marketing.

Putin’s "computer secret" exposure: still using Windows XP system.

Source: Moscow Times

  Overseas Network December 18th Recently, an office photo of Russian President Vladimir Putin was exposed. As can be seen from the photo, Putin’s office computer still uses Windows XP system, and this detail has caused heated discussion.

  Comprehensive Moscow Times and Guardian reported on 17th that a news photo released by the Kremlin showed that Windows XP was still installed on the computer desktop of Putin’s office.

  According to the report, Microsoft officially stopped technical support for Windows XP and Office 2003 in April 2014, focusing on the updated operating system, and reminded users that if they continue to use Windows XP, they will be more vulnerable to virus attacks.

  Kremlin spokesman peskov did not publicly explain to the media why the Kremlin has not updated the operating system of Putin’s computer. Foreign media speculated that the Russian government imposed restrictions on foreign software used by officials, which may be the reason why Putin’s computer did not update its system. It is unclear how much threat Putin’s computer uses Windows XP to Kegong’s network security.

  According to the export control documents of the Russian Ministry of Defense, Windows XP has been certified by the Russian Technology and Export Control Bureau, and it is the last Microsoft operating system used by Russian government agencies. Windows 10 is only approved for computers that do not contain state secrets.

  On December 2, Putin signed a law prohibiting the sale of smart phones, computers, etc. without pre-installed software specified by the Russian government. Putin also signed a law on the same day, stipulating that website operators must store Russian user data on data processors in Russia. Legal persons or individuals who violate this regulation and refuse localization will face fines. The law will take effect from July 1, 2020.

  According to the report, Russia plans to let computers of all government agencies and "strategic" companies use domestic operating systems to replace the software of Microsoft and Apple by 2025-2030.

  In addition to computers, the mobile phone used by Putin is also the focus of attention. A number of Russian media have previously exposed Russian President Vladimir Putin’s "secret of mobile phone", saying that Putin has a special mobile phone, which is thicker than ordinary smart phones and has several levels of protection measures, including settings to prevent signal theft and eavesdropping. (Sharla Cheung)

Looking for abundant crops in rape blossoms —— Observation on expanding planting and increasing income in some major rapeseed producing areas in China

Xinhua News Agency, Nanchang, March 29th Title: Looking at the abundant crops in the rape blossoms —— Observation on expanding planting and increasing income in some major rape producing areas in China.

Xinhua News Agency reporters Chen Chunyuan and Zhou Mian

Not only focus on rice, but also rotate rape; In late March, the reporter saw in Hunan and Jiangxi, the main rapeseed producing areas in China, that local governments, large rapeseed growers and processing enterprises made great efforts to increase production, improve quality and increase oil, and increased efficiency and income through the "rapeseed+"model to jointly protect national grain and oil security.

Guaranteed yield

Everywhere is golden, and the fragrance overflows. In late March, in the rape field of Nanchang Wisdom Datian Agricultural Science and Technology Development Co., Ltd., Jiangxi Province, employees were driving excavators to clear ditches and drain water. "Prevent waterlogging and reduce the occurrence of Sclerotinia sclerotiorum." Xiao Jiren, deputy general manager of the company, said that nearly 1,000 mu of rapeseed has entered the stage of flower and pod setting. Last year, the rice harvest was late, and rapeseed missed the best sowing date. The low temperature and rainy weather at the beginning of the year affected the normal growth of rapeseed. "But there are still more than 500 acres of rapeseed growing well. We must keep this hard-won achievement!"

This year, the No.1 Document of the Central Committee proposed to vigorously implement the soybean and oilseed production capacity improvement project. Developing winter fallow fields and expanding rapeseed in the Yangtze River basin. In recent years, Jiangxi insists on taking "big grain and oil producers" as the main body, making good use of policy project funds, vigorously popularizing the models of "one-season rice+ratooning rice+rape" and "double-season rice+rape", and constantly expanding rape production. It is estimated that the area of rape harvested in summer in 2022 will reach 8 million mu, which is expected to reach a new high in the past seven years.

Expand the sowing surface and ensure the yield. The sown area and yield of rape in Hunan rank among the top in the country all the year round. Tang Jianchu, deputy director of the Hunan Provincial Department of Agriculture and Rural Affairs, said that there are about 25 million mu of cultivated land suitable for developing rape production in Hunan, and there is still about 5 million mu of room for expansion compared with the existing 20 million mu of rape. In 2021, the rape yield in Hunan reached a record high. As long as the key technical measures are put in place, the yield per unit area can be increased by more than 20 kilograms in a short time.

If you want to produce more, you must plant well. Jiangxi takes improving quality and increasing oil as an important starting point, implements high-efficiency cultivation techniques such as rape joint sowing and slow-release fertilizer, and promotes the green, high-quality and high-efficiency technology of rape "445" suitable for this region, driving the proportion of high-quality rape planting in the province to reach 95%. Hunan is also vigorously promoting key technologies such as reasonable close planting and comprehensive control of Sclerotinia sclerotiorum, and radiation has driven balanced production increase in surrounding areas. In the past three years, the coverage rate of high-quality rapeseed varieties with low erucic acid and low glucosinolate in Hunan has reached 98.3%.

Increase income

Not only to expand the planting area, but also to increase production and income, farmers in Jiangxi and Hunan have started the "rape+"model. Chen Zhengping, a large rapeseed grower in Hunan, said that he planted 680 mu of rapeseed by rotation, including 480 mu of "rice oil" and 200 mu of "rice oil". First, collect the oil-flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese cabbage. More than 300 kilograms of rapeseed will be harvested after the oil flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese flowering Chinese.

In Shangwan Village, Yingqian Town, Shangyou County, Jiangxi Province, 100 acres of rape blossoms have attracted many tourists. Huang Fuxi, secretary of the Party branch of the village, said with delight that with flowers as the medium, Shangwan Village has become a punching place in online celebrity. Villagers set up stalls at their doorsteps to sell Hakka food, open "farmhouse music" to develop rural tourism, and plant rape to cultivate green manure to improve the soil.

Tam Village, Wuzui Township, Nanxian County, Hunan Province, planted 1,800 mu of rape as early as 2015, and created graffiti on the wall of each villager’s house to create "Tam Huahai Graffiti Art Village". In order to pursue differentiation and specialization, Tam Village planted another 150 mu of "colorful rape flowers" last year to attract tourists in the form of "3D artistic landscaping".

Since 2018, Hunan has held several rape flower festivals. According to preliminary statistics, in 2021, driven by the provincial rape flower festival, 38 counties in the province held rape flower festivals, attracting 5.87 million tourists and achieving a comprehensive tourism income of 2.14 billion yuan.

Walking into a rapeseed processing enterprise in Jiangxi, the reporter saw the roar of automatic machinery and equipment, the smell of oil in the factory, the extraction, grinding, granulation and filling … The production line was running intelligently. As a leading rapeseed deep processing enterprise in Jiangxi, this company has developed a series of products with strong aroma and pure rapeseed oil according to the needs of different groups.

Ye Qiu, chairman of an xiang Green Leaf Agricultural Machinery Service Professional Cooperative, said that he has planted more than 10,000 mu of rape, and achieved good comprehensive benefits by selling oil-flowering stems, pressing oil and keeping bees.

Look forward to support

In Zhongqie Village, Nanjing Town, quannan county City, Jiangxi Province, Tan Liming, a big rapeseed planter, is about to harvest more than 200 mu of full rapeseed. He has both joy, worry and hope. I am glad to get the seeds provided by the government free of charge and the subsidy of 300 yuan per mu; The worry is that the planting area is large, and once you encounter pests and diseases, your harvest will be ruined. He is looking forward to more guidance from agricultural experts in the field, business training, and the formation of a local team of "agricultural doctors" to help farmers grow a good harvest.

"Because of the stubble problem of rice tankers in the south, a lot of rapeseed planted by the company last year can only be used for viewing rape flowers, and it will be returned to the field as green manure after rotary tillage and retting in early April." Xiao Jiren said that if mechanization is adopted in the whole process and "rice seedlings and other fields" are realized in every link, the planting mode of "rice, rice and oil" or "rice and oil" can be realized, and I hope the state will further support the whole process of agricultural mechanization.

Chen Youfa, a villager from Liufang Village, Shandang Town, Le ‘an County, Jiangxi Province, told reporters that he used his own agricultural machinery to plow the land, but due to the rising cost of fuel, agricultural materials and labor, the input cost of one mu of rapeseed was higher than that of 300 yuan. Ye Qiu also admitted that the current cost for farmers to grow rape is still too high. I hope the state will further curb the excessive rise in agricultural prices and increase subsidies for large growers.

"Most of the 1,370 mu of rapeseed in the village is concentrated and contiguous, and the village collective unified ploughing and sowing, and the villagers claimed planting, which improved the enthusiasm of farmers." Huang Xingzong, a villager from Tongjiang Village, Shandang Town, Le ‘an County, Jiangxi Province, claimed 49 mu of rape field this year. He said that in order to promote rape planting, in October last year, the village collectively invested in three rape combine seeders, which cost more than 50,000 yuan in addition to the national agricultural machinery subsidy. If the local government can provide more rape planting services and realize large-scale contiguous planting, large households will still be happy to use their winter leisure time to grow rape.

Kia’s 2025 EV5 technology and welfare blessing drive a new journey of electrification transformation.

In the wave of electrification in the automobile industry, Kia’s listing of 2025 EV5 at Guangzhou Auto Show showed its firm determination to accelerate its transformation. This car is a key part of Kia’s strategic layout and injects new vitality into the new energy market.

From the product matrix, the 2025 EV5 is of great significance. It has built a huge system covering 12 vehicle versions, 9 exterior color schemes and 5 interior color schemes. Whether it is the 530km standard endurance version, the 720km long endurance version or the high-performance GT-Line version, it meets the diversified travel needs of consumers. Among them, the 720 Light entry model makes high-quality green travel more accessible at the price of 174,800 yuan, while the EV5 GT-Line offers new choices for users who pursue performance at the price of 214,800 yuan.

In terms of battery life and recharge, the standard battery life version is equipped with a 64.2kWh battery pack, and CLTC has a battery life of 530km;; The 720 long-life version of the 88.1kWh battery pack can achieve 720km battery life, and it only takes 27 minutes to recharge, effectively alleviating the battery life anxiety of users. The design of the front spare box 67L, the zero-gravity relaxing seat and the rear 0 flat folding seat optimizes the interior space and comfort.

In terms of intelligent technology, the 27-inch integrated triple screen and the 11.3-inch HUD head-up display create a "four-screen linkage" experience. In-depth cooperation with Baidu and Tencent, built-in dozens of apps to improve travel convenience. L2+intelligent driver assistance system includes 18 highly intelligent driver assistance configurations to ensure driving safety.

Interior and configuration upgrades highlight quality. Add blue-gray interior color matching, leather wrap for steering wheel, all-plant leather for seats and doors to create an advanced cockpit. Matte multi-function touch button panel, hidden electric automatic door handle, electric folding of exterior rearview mirror and other configurations enhance convenience and sense of technology.

For EV5 GT-Line, the system, maximum power of 233kW and peak torque of 480N·m give it strong power. Exclusive two-color appearance, black and white two-color and ebony black monochrome interior, with Harman Kardon sound system (8 speakers) and 20-inch aluminum alloy wheels, to meet the young consumers’ pursuit of high performance and fashion.

At the marketing level, Kia prepares multiple benefits for car buyers. The lucky draw won a 4-day and 3-night free luxury experience tour of the Australian Open, as well as 0 down payment, 3-year zero interest (financial discount up to RMB23,000), 5-year or 100,000-kilometer warranty for the whole vehicle, 8-year or 150,000-kilometer warranty for Sanpower, and a subsidy of RMB20,000 for car trade-in, with a comprehensive benefit of RMB60,000, which reduced the cost of car purchase.

As a gift for Kia’s 80th anniversary, the 2025 EV5 inherits excellent quality, accelerates Kia’s electrification transformation in China, implements the strategy of "in China, for China", and brings consumers a travel experience beyond expectations.

Insert and lead! The era of hybrid vehicle power in China is coming.

  In 2023, hybrid and pure fuel played a game in China market, and the offensive and defensive shifted. In the same year, the situation in which Japanese cars dominate the hybrid field will also end. Following the introduction of BYD DM-i super hybrid system, an "electric-based" hybrid technology, into the hybrid market in 2021, domestic independent car companies quickly followed suit. In 2022, the sales volume of plug-in hybrid vehicles in China was 1,514,800, up more than 1.5 times year-on-year, and the market share far exceeded that of hybrid vehicles (HEV). In 2023, plug-in and hybrid models of various configurations have fully covered various market segments such as SUV, sedan and MPV. The blending technology of "China Program" not only captured the city in the domestic market, but also aimed at the global market.

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  The finalists waiting for the static evaluation by the judges

  On October 28th, the "China Heart" 2023 Top Ten Engine and Hybrid System Selection real vehicle test, sponsored by Automobile and Sports Magazine and co-organized by Gaoyou Municipal Government, kicked off in Gaoyou Jialian Automobile Test Site. Engines and hybrid systems of 15 automobile companies from Dongfeng Nissan, Great Wall Motor, SAIC Roewe, Changan Automobile, Geely Automobile, BYD, Chery Automobile, Dongfeng Motor, SAIC-GM, FAW Hongqi, Guangqi Honda, SAIC Volkswagen, BMW Brilliance, Changan Ford and Changan Mazda were shortlisted for this year’s real vehicle test. Among the 15 finalists this year, there are 9 plug-in hybrid systems and 1 hybrid system. In 2022, there were only three plug-in hybrid systems and one hybrid system.

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  Yang Jianjun, editor-in-chief of Automobile and Sports Magazine, introduced the shortlisted power system.

  "This year is the outbreak year of plug-in hybrid power systems of independent brands. There are 9 plug-in hybrid systems, 1 hybrid system and 5 gasoline engines, of which 8 models are from independent brands and 7 models are from joint venture brands. " Yang Jianjun, editor-in-chief of Automobile and Sports Magazine, said that in addition to the conventional series-parallel single-gear and multi-gear hybrid systems, some enterprises continued to innovate and upgrade on the basis of the original series-parallel hybrid technology, forming the characteristics of their own technical attributes, and diversified configurations formed a leading trend in the industry. In the field of pure fuel engines, joint venture brands still have fine models shortlisted, which is obviously different from the direction of independent brands.

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  () The original technology increases, and the R&D strength of local car companies highlights.

  This year, the number of original power system technologies shortlisted increased, which brought many surprises to the expert judges. "In the past, when enterprise engineers introduced products or technologies, they liked to say: In what way do we do better than others? Now people often say: Which technologies are original?" Blue River, a senior auto media person, said in one sentence the distinctive features of the power system that was shortlisted this year.

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  Senior auto media person Blue RiverTalking about the shortlisted power system this year

  This is indeed the case. In this year’s hot mixed market, most car companies began to focus on creating products with more distinctive technical characteristics based on vehicle and market demand. For example, Hi4 plug-in technology of Great Wall Motor provides consumers with cost-effective products with four-wheel drive function at the price of two-wheel drive through configuration innovation; FAW Hongqi 20TD hybrid engine fully considers the demand of high-end brand vehicles for power and comfort, and achieves breakthroughs in high efficiency, high comfort, high intelligence and high lean; Chery Kunpeng super-performance hybrid C-DM was developed at the beginning of research and development, focusing on the simultaneous development of domestic and foreign markets; BYD, as always, adheres to the "electricity-oriented" plug-in and hybrid scheme, and specially builds a DMO super hybrid off-road platform for the off-road market, completely releasing the imagination space of "electricity" and reconstructing the existing off-road market structure and technical benchmark with stronger electric driving force and off-road performance.

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  Dongfeng r&d team at the test site

  What is even more rare is that Dongfeng Motor’s Mach-electric hybrid DH-i third-generation hybrid technology adopts the industry’s first "series-parallel+power shunt" configuration, and creatively uses power shunt to shift gears without using clutches and complex shifting mechanisms, which can achieve the ultimate balance of fuel consumption, power, NVH and other performances in all road conditions and full speed domain, and realize In this evaluation, Dongfeng’s young R&D team was unanimously appreciated by the judges.

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  Professor and doctoral supervisor of School of Mechanical Engineering, Tianjin University, Yao Chunde, deputy director of the expert evaluation committee of the "China Heart" annual top ten engine and hybrid system selection.Introduce this year’s real vehicle test live.

  The technical route and technical features of this year’s shortlisted engines and hybrid systems have reflected the complete, rational and mature R&D ideas of enterprises in development positioning, technical route determination and future product planning. "Even if the technical routes of autonomous car companies are the same, they have their own characteristics in technical details." Yao Chunde, a professor at the School of Mechanical Engineering, Tianjin University, and a doctoral supervisor, said that we have seen different technical means in the same EGR and thermal management technology. Some enterprises adopt the innovation of materials, some adopt the innovation of configuration design, and some make great efforts in calibration.

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  On-site discussion between judges and car company guests

  "At present, there are more and more hybrid models on the market. In this field, independent car companies are ahead of joint venture brands, and many companies have established unique hybrid routes, branding their respective hybrid technologies with technical DNA." Han Zhiyu, a professor at Tongji University and a member of the International Society of Automotive Engineers, said.

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  () The cost is gradually leveled, and the fully rolled fuel oil is mixed.

  Among the short-listed pure fuel vehicles, there are also many good power systems. SAIC-GM Cadillac CT6 equipped with 2.0T gasoline engine, in the test drive, experts generally believe that it has abundant power, sensitive accelerator pedal response and excellent NVH performance. SAIC-GM’s calibration method, which combines software and hardware well, has been affirmed by experts.

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  Xu Min, Dean of Automotive Engineering Research Institute of Shanghai Jiaotong University and Director of Expert Evaluation Committee of "China Heart" Top Ten Engines and Hybrid Systems of the Year.On-site comments on the real vehicle test this year.

  However, there are also joint ventures that have been spit out by many judges in this real car test. In the global market, Honda is the first car company to enter the plug-in hybrid market. However, in this real car test, the performance of Haoying E: PHEV equipped with 2.0L plug-in hybrid system of Guangqi Honda is obviously compared with the products of its own brand. "As Honda’s fourth-generation hybrid technology, its power is obviously insufficient, and it is very different from domestic car companies in NVH and other aspects." Xu Min, Dean of Automotive Engineering Research Institute of Shanghai Jiaotong University and Director of Expert Evaluation Committee of "China Heart" Top Ten Engines and Hybrid Systems, is outspoken.

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  The competitiveness of the blended products of China car companies in cost makes the judges more excited. Among the finalists, the lowest price of Changan Automobile Qiyuan A05 is less than 90,000 yuan, which makes experts feel incredible. SAIC Roewe D7 and Chery Fengyun A8 also attracted the attention of experts. Both plug-in hybrids, these three models have been well received by experts in terms of design, interior configuration and power itself.

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  "Our blended products can make the price less than 90,000 yuan. No matter from the advanced technology or cost, we have completely crushed pure fuel vehicles. This means that we have a competitive advantage in the global market! " Xin Jun, founder of Yisen Technology and co-founder of Huaying New Energy, said. Xin Jun also praised the SAIC Roewe D7 equipped with a 1.5L plug-in hybrid system: "In actual driving, the driving experience of traditional fuel vehicles and plug-in hybrid vehicles is completely different. The switch from electricity to oil is very smooth, the power system matches the whole vehicle very well, and the acceleration performance of 100 kilometers is also very good. "

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  "After the test drive of Fengyun A8, Equation Leopard and Fengshen Haohan, I feel that my own brand has improved the power system technology and manufacturing capability of the whole industry to a new level through the plug-in technology." Li Liguang, a professor at Tongji University, a doctoral supervisor, a fellow of the International Society of Automotive Engineering, and deputy director of the expert evaluation committee of the "China Heart" annual Top Ten Engine and Hybrid System Selection, said.

 

  "Although the plug-in hybrid technology has more controllers, motors and other components than the traditional internal combustion engine, the overall cost of hybrid technology in the whole industry has decreased, making its popularization possible. With the help of the motor, the engine can do subtraction and focus on the improvement of energy consumption performance. " Zu Bingfeng, director of Tianjin Internal Combustion Engine Research Institute, said.

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  In the interview with corporate guests that day, we also learned that some joint venture partners of enterprises have discussed the cooperation of electrification technology with them. Whether it is the advanced technology, cost control, even the stability of quality, and the understanding of users, China automobile enterprises have shown their competitiveness in the field of blending.

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  Test site

  Suddenly, like a night wind blowing, as if the pear trees blooming. In 2023, blended products emerged in China market, which became the new automobile sales force. From January to August this year, the sales volume of plug-in hybrid cars in China has exceeded that of last year, reaching 1.529 million, an increase of 86.9% year-on-year. In the "China Heart" 2023 Top Ten Engines and Hybrid Systems shortlisted for the real vehicle test, we really saw the hybrid technology route with a hundred flowers blooming. We expect these technologies not only to take root and sprout, but also to flourish and open up a new world.

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  Thanks to Jiangsu Weibo Power Technology Co., Ltd. and Wuxi Shengding Intelligent Technology Co., Ltd. for their support to this event.

  () Increase understanding and promote development, and seek cooperation opportunities for local governments and car companies.

 

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  Speech by Zhou Wei, member of the Standing Committee of Gaoyou Municipal Committee of the Communist Party of China and Party Secretary of Xiejia Town.

  Different from previous years’ selection, this year’s "China Heart" campaign received strong support from the local Gaoyou municipal government. Zhou Wei, member of the Standing Committee of Gaoyou Municipal Committee of the Communist Party of China and secretary of the Party Committee of Xiejia Town, said that Gaoyou has a certain foundation for the development of the automobile industry, and has initially formed an industrial chain integrating R&D and production of low-speed electric vehicles, thermal management systems of new energy vehicles, lightweight automobile parts, automobile wheels and other parts, hoping that more automobile enterprises can invest in Gaoyou.

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  Shi Meishan, Vice Mayor of Gaoyou CityPromote the industrial situation of Gaoyou city

  Shi Meishan, deputy mayor of Gaoyou City, also introduced Gaoyou’s industry to the participating car companies. "We hope to strengthen cooperation with domestic car companies in the fields of new energy electric vehicles, automobile motors and driving assistance systems, and actively seek cooperation in the fields of technology transfer, equity grafting, product matching, manufacturing bases, etc., and promote the development of more auto parts enterprises, power lithium batteries and energy storage systems, and hydrogen fuel cell manufacturers in Gaoyou." Shi Meishan said that he will provide enterprises that invest in Gaoyou with government services that are more efficient, policy support that is more satisfactory to enterprises, a fair and just legal environment, and a social environment that respects and loves business, and create a "strong magnetic field" for attracting investment with a first-class business "soft environment" and create a Gaoyou model that "good places are easy to handle".

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  Activity site Gaoyou local parts enterprise exhibition area

 

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  Gui Junsong, Editor-in-Chief of China Automobile Newspapermake a speech

  Gui Junsong, editor-in-chief of China Automobile Newspaper, said that the "China Heart" annual top ten engine and hybrid system selection, together with "Ward Top Ten Engine" and "International Engine of the Year", is the only automobile power system selection in China, which witnessed the history of automobile power development in China. “‘ China Heart ’ The selection is not only a selection activity of industry motivation, but also a platform for technical exchange and cooperation within the industry. I hope I can use ‘ China Heart ’ The annual testing activity is an opportunity for more auto companies and auto parts companies to learn more about Gaoyou and create opportunities for mutual cooperation. " He said.

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How to play offline for two people in the offline mode

The play method is divided into four steps. See below for details.

1. Because offline mode only supports local gameplay, that is, two people play on the same screen on a computer, first of all, two people need to prepare a keyboard and a handle respectively.

2. Player 1 uses the keyboard to press Enter to confirm that he is Player 1.

3. Player 2 connects the gamepad to the computer and presses the A key to confirm that he is player 2.

4. When both players are ready, they can click Continue and choose their roles to play freely in offline mode.

Harley joint venture motorcycle exposure 350-500 retro modeling

  [Aika motor information Car selection map storage]

  Aika Motorcycle has learned that the final version of the model of Qianjiang Motorcycle and Harley-Davidson has now been settled. It is understood that the car will be divided into two displacement models, 350cc and 500cc, equipped with an in-line two-cylinder engine, and has a strong American Flat Track style in terms of design. The final names of the models are likely to be X350 and X500.

Harley small displacement; Harley 338; Harley 350; Harley 500; Harley motorcycle; Halliday

  It is not difficult to see that both models are designed in retro streetcar style. It is rumored that Harley is solely responsible for the appearance. It can be seen that it has a good performance in the overall texture and completeness, and the overall style highlights the modern sports American Tracker style.

Harley small displacement; Harley 338; Harley 350; Harley 500; Harley motorcycle; Halliday

  Tracker style originated in the United States. When British knights were still shuttling between cafes, Americans began to race around in the oval mud called Flat Track. Therefore, the original Tracker models were all launched by American brands, and Harley is the brand that will carry forward Tracker. Judging from the exposure pictures, the cooperation between Harley and Qianjiang seems to be awakening the X series, and the names of the two cars are likely to be X350 and X500.

Harley small displacement; Harley 338; Harley 350; Harley 500; Harley motorcycle; Halliday

Harley small displacement; Harley 338; Harley 350; Harley 500; Harley motorcycle; Halliday

  We can see that Qianjiang has made frequent moves in international cooperation. Whether it acquired Benelli, a century-old Italian motorcycle company, or cooperated with brands such as MV AGUSTA, Harley and Peugeot successively, it has empowered itself with world-leading technology, manufacturing and quality control standards, and produced cars with higher technology, better design and higher grade that represent China brands. Although some problems will inevitably be exposed in the process of progress, it is still one of the most potential and fastest-growing companies in China’s Mo Enterprise Corps.

Wonderful content review:

It looks good. aprilia Tuareg 660 real shot

The displacement entry configuration is not bad. Try Longjia Sixties 150Si.

Domestic products are still original, and experience Honda NSS350 first.

Great Wall Tank 300 Hi4-T plug-in hybrid off-road vehicle has completed the declaration, and the maximum power of 2.0T engine is 185kW.

On February 5th, in the Announcement of Road Motor Vehicle Manufacturers and Products (the 380th batch) published by the Ministry of Industry and Information Technology today, the tank 300 Hi4-T, a hybrid model of the tank brand "the originator of the mountain" of Great Wall, appeared.

From the appearance, the new car is basically the same as the current tank 300, and still maintains a high degree of recognition. . In terms of accessories, the car comes standard with a skylight, optional wheel eyebrows, luggage racks, different styles of middle nets and towing hook holes, power outlets, and optional electric side pedals.

According to the data of the Ministry of Industry and Information Technology, the new car is equipped with a 2.0T engine, and the ternary lithium battery comes from Honeycomb Energy Technology Co., Ltd.. The tank 400 Hi4-T listed last year is also equipped with a 2.0T engine. 9HAT hybrid special gearbox integrates high-voltage 120kW high-power P2 hybrid motor. In terms of battery and pure battery life, the tank 400 Hi4-T is equipped with a 37.1 kWh battery pack, and the pure battery life of WLTC is 105 kilometers, which can be used as a reference.

According to the previous report of IT House, the plug-in hybrid model of Tank 300 was declared in the Ministry of Industry and Information Technology in April last year as "Tank 300 PHEV", equipped with the same engine and ternary lithium battery from the same source. It indicates that it may not be too far away from the official listing of the car.

Changan Auchan wants fire this time, and the power is sufficient.

For most office workers, the first demand for buying a car is to travel instead of walking, and considering practicality, many of them can meet this requirement. There are many choices of cars now, as we said today. Come and see it quickly.

Let’s take a look at the appearance of Changan Auchan X5 first. The front face of Changan Auchan X5 is beautiful and looks clean and refreshing. Coupled with stylish and generous headlights, it adds a touch of exquisiteness. The car is equipped with LED daytime running lights, automatic opening and closing, delayed closing and so on. Coming to the side of the car body, the size of the car body is 4490 mm * 1860 mm * 1580 mm. The car adopts tough lines, and the car body presents a young and fashionable design style. With large-sized thick-walled tires, it looks full of sports. In terms of the rear, the overall shape of the rear of Changan Auchan X5 echoes the front of the car, and the taillights give people a very sporty feeling, which is very round and lovely.

When I came into the car, the interior design was more comfortable and the overall appearance was very deep. The steering wheel design of the car is very round and made of imitation leather, which makes everything look very clean and refreshing. From the central control point of view, the 10.25-inch central control screen is used for decoration, which makes the interior style impressive and looks very young. Let’s take a look at the dashboard and seats again. The dashboard of this car presents a capable design style, and the design is more fashionable and generous. The car uses a leather/fabric mix seat, equipped with functions such as the proportion of the seat down, and the overall ride feels soft and comfortable.

Changan Auchan X5 is matched with a wet dual clutch (DCT) gearbox, with a maximum power of 138KW and a maximum torque of 300N.m, with good power performance.

In terms of functional configuration, Changan Auchan X5 is equipped with car networking, driving mode selection, remote control key, rear wiper, engine start and stop and other configurations.

I wonder if you are excited about this car introduced today? Xiao Bian suggests that your heart is not as good as action, so go to the 4S shop to talk about the discount.

38.6 million plots of land owned by Anhui enterprises were taken back for free because of "idleness": the control plan was delayed, and it was impossible to start work after seven years of "three link

According to Phoenix Entertainment News, recently, Ashton Chen was photographed smoking and chatting with friends in front of the restaurant. Ashton Chen was emotional and kept swearing. It was suspected that the dinner was unpleasant.

In the video, a woman in white walks up to Ashton Chen, and while they are talking, Ashton Chen also pulls the other’s arm excitedly. After an argument, the woman came forward to hug Ashton Chen.

Before leaving, another woman in a striped dress bowed deeply to Ashton Chen. After several people chatted, Ashton Chen left by car alone.

It is reported that Ashton Chen studied under Shaolin at the age of 2 and made his debut at the age of 5. He starred in many costume martial arts films such as "The Dragon Slayer" and "Fang Shiyu, the Heroes on Earth" and quickly became a martial arts star. In his early days, he made more than 20 films and TV works in just seven years, so he was called "Jet Li’s successor".

Not long ago, 35-year-old Ashton Chen announced his transformation as a director, and his good partner, Hao Shaowen, was invited to help out in the film "Skipping School Detective".

Original title: Ashton Chen had a dispute over dinner, swearing and swearing. A woman bowed to apologize before leaving.

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