Director:

Starring:///

Type: plot

Special feature of 1905 film network There is a profession on Wall Street that can make huge wealth in milliseconds.

Do you know what this occupation is?

This profession is called high-frequency trader, who needs to be the first to buy stocks at the opening and then sell them quickly at a very small price difference. Although the single profit is not considerable, it can generate huge wealth by relying on huge trading volume.

This week’s excellent film "Hummingbird Project" tells the story of two high-frequency traders, a thrilling entrepreneurial journey.

Every second counts: What is the Hummingbird Project?

Anton and Vincent, the two protagonists in the film, quit their jobs and built a 1,000-mile-long optical fiber that goes straight to the server of the new york Stock Exchange.

This unprecedented project will enable them to get the stock market quotation faster than all their peers within 16 milliseconds. The title "Hummingbird Project" is actually a metaphor, because 16 milliseconds is exactly the time it takes a hummingbird to shake its wings once.

One person has thousands of faces — — Brothers’ transformation work

Jesse Eisenberg and Alexander Skarsgard, the two leading roles in the film The Hummingbird Project, are also one of the highlights of this film.

High IQ, low EQ, conceit and paranoia are stereotypes of actor Jesse Eisenberg, which dates back to 2010, when he played the founder of Facebook. In the subsequent series,, and, Jesse continued this style. However, this time he broke through the image and played the eloquent entrepreneurial CEO.

Tall and handsome is the label of actor Alexander Skarsgard. His most well-known role is the vampire Eric in the American TV series True Blood. In the 69th Emmy Awards, Scarsgaard won the Golden Globe Award for Best Supporting Actor for "Big and Small Lies". But in the Hummingbird Project, he turned into Anton, a hunched farmer with a Mediterranean hairstyle.

Inventory of financial movies

Hummingbird project

The story prototype of the film comes from michael lewis’s nonfiction novel High Frequency Trader.An ordinary securities trader raised $2.8 billion, hired 2,000 workers and built an 827-mile optical fiber line.All efforts are only to make the network transmission faster than others by 1 millisecond. The speed of 1 millisecond seems short, but it is enough to shake the whole Wall Street.

The Wolf of Wall Street.

This film is based on The Wolf of Wall Street, the autobiography of Jordan Belfort, a former Wall Street stockbroker.Playing the leading role, with this filmNominated for the Best Actor Award at the 86th Academy Awards.

Big bear

Also adapted from a novel written by michael lewis.It tells the process of the financial crisis and writes hard-core financial knowledge into the plot. It depicts all kinds of people and stories in the financial industry in a panoramic way.

Wall street

A must-see movie listed by Harvard Business School is an ideal teaching material for students majoring in business administration.With this film, the actor won the Oscar Award for Best Actor for the first time.

If you don’t understand the technical background behind these films, you may regard them as stories of "getting rich overnight and dreaming". But if we know the technical details and the background of real events, we will find that the core of the story is still: people, technology, capital and the relationship among them.

This week’s excellent film "Hummingbird Project" shows two different motivations of the two protagonists in starting a business.

Let’s walk into this week’s excellent film "Hummingbird Project" and see how Vincent and Anton race against time.

This program is live.

Shao Shengyi, the presenter, will take you into the movie Hummingbird Project in the Saturday promotion edition of CCTV-6 Movie Channel. In the Sunday film review edition, Professor Suo Yabin of China Communication University and Professor Wan Zhe of Beijing Normal University, Ph.D. in economics, will work with members of the excellent film mystery group to interpret the truth and fiction in financial films for you.

Welcome to this issue of CCTV-6 movie channel "A Good Movie with an Appointment".

Saturday, April 1 ST

22:22 Saturday Promotion Edition

22:31 Hummingbird Project

Sunday, April 2

13:40 Hummingbird Project

15:25 Sunday Film Review Edition

[TechWeb] On July 4th, at the launch conference of Tengshi N7 intelligent hunting and running SUV, BYD launched its advanced intelligent driving assistance system "Eye of God", and BYD announced that Tengshi N7 will be equipped with this system.

It is reported that this high-order intelligent assisted driving "Eye of God" system was developed by BYD, and it is the world’s first in-vehicle computing platform designed, developed and produced by the OEM itself.

According to BYD, in terms of intelligent driving, BYD has invested more than 2,000 R&D teams to build its own intelligent driving experimental center.

According to the sales data of Dynasty and Ocean Net under BYD Auto in June 2023, Dynasty sold 130,490 vehicles in June, a year-on-year increase of 51.7%, including 23,206 vehicles in Han and 12,657 vehicles in Tang. This year, 663,695 vehicles were sold, up 59.7% year-on-year. Ocean Net sold 110,045 vehicles in June, including 23,005 seagulls and 31,140 dolphins. This year’s cumulative sales volume is 526,625 vehicles.

On April 25 th, at the 2024 Beijing Auto Show, Lectra launched a brand-new medium-sized car, Lectra 07 EM-P, and officially opened the pre-sale, with a price range of 180,000 to 210,000 yuan. The new car is based on CMA Evo architecture, adopts the second generation design language of Lectra, and is equipped with Lectra EM-P plug-in hybrid system.

IT House noticed that the design of Lectra 07 EM-P showed a strong sports style and adopted the urban opposition aesthetic design concept derived from Lectra The Next Day concept car. In the front part, the new car adopts the iconic daytime running lights of the Lectra family, and the "H"-shaped headlight design similar to the Lectra 08. The combination of the far and near lights and the central black decorative panel forms a penetrating visual effect, which enhances the sense of width of the front.

In terms of color selection, Lectra 07 EM-P provides two kinds of exterior coatings: Morning Blue and Obsidian Silver, and adopts two-color design, with ABC column and roof all black. The vehicle is equipped with a 19-inch two-color rim with Goodyear brand tires, with a size of 245/40 R19.

The Lectra 07 EM-P also features frameless doors and concealed door handles. The exterior rearview mirror integrates a side-looking camera and adopts a narrow frame design, which provides a better view for the driver.

In the rear part, the new car uses a penetrating taillight group, which echoes the headlight group. The tail line and the black decorative panel surrounded by it increase the visual layering. The dimension of LECK 07 EM-P is 4827/1900/1480mm, and the wheelbase is 2843mm.

As for the interior, the Lectra 07 EM-P adopts a simple design style, which is similar to the Lectra 08 EM-P. The new car is equipped with a multi-function steering wheel, some buttons are touch-controlled, and the central control screen is 15.4 inches, which can be deflected 15 degrees left and right. In addition, the new car is equipped with a 50-watt wireless charging panel and two 60-watt USB Type-C interfaces.

The seat is made of leather, and the front seat is an integrated sports model with high side circumference, which provides a good sense of wrapping. The vehicle is also equipped with a large panoramic sunroof and a rear independent air conditioning outlet, as well as USB Type-A and Type-C interfaces.

In terms of power system, the Lectra 07 EM-P is equipped with the same 1.5T four-cylinder engine as the Lectra 08 EM-P and a 3-speed DHT Evo dual-motor plug-in hybrid system, with a maximum power of 280 kW and a peak torque of 615 Nm. Equipped with a power battery pack of 18.99 kWh, the pure battery life can reach 102 kilometers, and the CLTC) 1400 kilometers.

　　When many people are still struggling for the divorce of the Song Dynasty, Song Joong Ki has already opened a new chapter in his life.

　　Since he and his second British wife Katie were promoted to parents, the three of them have been met frequently.

　　On June 16th, another netizen ran into Song Joong Ki and his wife pushing a stroller to walk the baby together in Korea. The blogger said that the road was quiet, and suddenly he heard the child crying all the time, so he took a few more looks, and finally he looked at Song Joong Ki. The blogger praised Song Joong Ki for being handsome.

　　I don’t want to brag about how high Song Joong Ki’s face value is here, but beside his wife, Katie is actually inferior in both temperament and state, and Song Joong Ki looks bleak and starless.

　　Song Joong Ki is wearing a black T-shirt, a white baseball cap and a dark complexion. In contrast, Katie’s skin color is whiter. She wears a tall ball head, and her dress is very loose, but it is still difficult to stop her temperament. The side chin line is also very clear and very eye-catching.

　　Song Joong Ki took the initiative to push the stroller instead of letting Katie push it. From this detail, it is not difficult to see that he is a good husband who loves his wife.

　　The son was sitting in the stroller, his face was so tight that only a short leg was exposed. Although the baby’s leg is blocked by the shadow, it can still be seen that it is very white, which is in sharp contrast with Song Joong Ki.

　　On June 14th last year, Song Joong Ki officially announced that his son was born in Italy, so the little guy just turned one year old, and his growth has been gratifying this year.

　　Zanchetti, a netizen, is very beautiful, has a good temperament and posture. It is speculated that the chubby mixed-race baby must be very beautiful, teasing Song Joong Ki for being tanned.

　　The netizen pulled out this outfit of a family of three, and Katie wore 799 yuan sneakers, which was relatively cheap. Song Joong Ki has more than 2,500 shoes. As a star, this price should be only a fraction of his income.

　　But the most expensive is the son’s car. This seemingly ordinary stroller actually costs more than 10,000 yuan, which shows that Song Joong Ki is willing to spend money on his son.

　　In December 2022, after Song Joong Ki’s love affair was exposed, she admitted it generously. In January 2023, she officially announced the good news of getting a marriage certificate and revealed that her wife was pregnant, which was a double happiness.

　　Song Joong Ki lives like an ordinary person, and will take his wife on a date to watch the ball game. The picture of their interaction is so sweet. It’s not hard to see from Song Joong Ki’s smug expression that he really loves Katie.

　　Song Joong Ki will also walk the baby with his wife, but sometimes Song Joong Ki still doesn’t want to expose the child’s face, help the child to cover his face, and ask everyone not to film Katie and the child, and his attitude is so gentle.

　　Now Song Hye Kyo is 42 years old, with obvious signs of years on her face, and she is still single. The reason for her divorce from Song Joong Ki is still a mystery. Song Joong Ki has already started a new life, and I hope Qiao Mei can find the right soul mate as soon as possible.

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Mercedes-Benz EQE SUV adopts the iconic front face design with a closed air intake grille, which shows its pure electric identity. The overall lines of the car body are smooth and dynamic, creating an avant-garde and luxurious style. Whether it is urban roads or suburban trails, Mercedes-Benz EQE SUV can show its unique charm.

Mercedes-Benz EQE SUV has a length, width and height of 4880*2032*1679mm, a wheelbase of 3030mm, a front tread of 1649mm and a rear tread of 1662 mm.. The side lines of the car body are smooth, with 19-inch rims, and the tyre size of 235/55 R19 is adopted, showing a fashionable and dynamic style.

The interior style of Mercedes-Benz EQE SUV combines modern technology with luxury and comfort, presenting a simple and exquisite beauty. The steering wheel wrapped in leather is not only delicate to the touch, but also has electric up-and-down and forward-and-backward adjustment functions to ensure that drivers can maintain the best grip in different driving postures. The center console is equipped with a 12.8-inch large touch screen, which integrates the functions of multimedia system, navigation, telephone, air conditioning and skylight control, and supports voice recognition control, making the operation more convenient. In addition, the car is also equipped with mobile phone wireless charging function and multiple USB/Type-C interfaces to meet the daily charging needs. The seat is made of high-quality imitation leather. The main and co-pilot seats have the functions of front and rear adjustment, backrest adjustment, height adjustment, leg rest adjustment and lumbar support adjustment, and support heating and ventilation functions, providing excellent comfort for drivers and passengers. The power seat memory function further enhances the driving experience.

Mercedes-Benz EQE SUV is equipped with a high-performance engine with a maximum power of 300 kW and a peak torque of 858 Nm, which provides a strong power output and a smooth driving experience for the vehicle.

To sum up, Mercedes-Benz EQE SUV has won the recognition of its owners with its excellent power performance and luxurious interior. As the owner of car home said, "The power is good, the interior is luxurious, and Mercedes-Benz has its own aura".

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.

China Economic News Network (Liu Chenxi)On April 15th, "Together, Go Far" Star Era Night and Star Era ET Pre-sale Conference was held in Beijing. There are two kinds of pure electric versions and extended range versions of ET in this Star Age, namely REEV series: 199,000 yuan for Plus, 219,000 yuan for Pro and 239,000 yuan for Pro, and BEV series: 239,000 yuan for Pro, 249,000 yuan for Pro Four-wheel Drive, 259,000 yuan for Pro City Smart Drive, 289,000 yuan for Max and 329,000 yuan for Ultra 32.9

As a heavy-duty model of Xingtu’s high-end new energy, Xingjiyuan ET integrates Chery Group’s 27-year car-making technology. The longest cruising range of the pure electric version is 760km, and the comprehensive cruising range of the extended range version is over 1500km. The extended range version adopts a special engine developed by Chery for industrial mass production with a maximum thermal efficiency of 44.5%, with a rated power of 115kW, achieving 1L oil power generation of 3.65kWh and WLTC feed fuel consumption of 5.2L/100km, and defines "golden extended range" with ultra-low energy consumption.

The pure electric version is equipped with Contemporary Amperex Technology Co., Limited Shenxing rechargeable battery, with a peak charging power of 420kW, which can achieve a battery life of 475km for 11.5 minutes. Even in the low temperature environment of-20℃, the SOC changes from 20% to 80% in just 24 minutes. When the SOC is only 20%, the peak output power still reaches 280kW, which effectively relieves the anxiety of replenishing energy in northern winter.

Star Era ET adheres to the safety gene, and on the basis of more than 20 excellent active safety technologies and passive safety of global five-star safety standards, it has six full-dimensional safety protection beyond expectations, including battery safety, information safety, functional safety and electromagnetic safety, to build a super safety fortress.

Safety is the bottom line and comfort is the gene. As a medium and large SUV, Xingjiyuan ET adheres to the design concept of "big space/small pool", with an effective cabin space of 3.45m? It is equipped with 36 storage spaces and 1.57m2 canopy area, which can isolate 98.5% infrared rays and 99.9% ultraviolet rays.

Star Era ET adopts all-aluminum chassis design, equipped with front high-order double wishbone and rear five-bar suspension only available for millions of luxury cars, redefining luxury chassis. Its front high-order double wishbone is designed by virtual kingpin and matched with HDS hydraulic vibration isolation system, which effectively reduces vibration feeling and brings more stable control experience. At the same time, the new car is also equipped with IAS intelligent air suspension and CDC electromagnetic vibration reduction system. Through the laser radar, the road ahead can be accurately previewed, and the suspension damping can be actively and continuously adjusted in milliseconds, bringing the extremely smooth and comfortable driving texture.

In terms of power, with the help of 800V ultra-efficient electric drive and intelligent torque control system, Xingjiyuan ET has a total power of 413kW, a maximum torque of 8000N·m and an acceleration of 3 seconds per 100 kilometers. In addition, the new car is also equipped with six-piston fixed calipers of millions of luxury cars, free-wheeling system and CIC integrated control technology, and has the largest wading depth of 700+50mm at the same level, which truly makes the plug-in waterproof and battery waterproof, and the whole scene is fearless.

As the "spire" of the pyramid of Chery Group, Xingjiyuan ET is based on Chery’s latest generation EEA 5.0 electronic and electrical architecture, and it is the first software architecture in the industry to realize global SOA service. It is also equipped with the latest technology in the industry, such as UWB entity key, Lion AI big model voice and DHS smart health monitoring, to create a personalized luxury intelligent new experience.

　　Write a paragraph to record your mood, shoot a video to record your life, and post some pictures to record your life … … In recent years, with the prosperity and development of the Internet, the Internet space has gradually covered all aspects of the work and life of the broad masses, and thus all kinds of "self-media" have mushroomed, going deep into daily life and integrating into life.

　　"Self-media" is a new thing born from the internet, and it also breeds some new problems in its development process. Rumors and rumors, counterfeiting, illegal profits … … For some time, the chaos of "self-media" has been constant and varied frequently, which has greatly interfered with people’s normal life and disrupted the network order. Focusing on key platforms such as social networking, short videos and webcasts, rectifying chaos according to law, resolutely cracking down on it and dealing with it strictly will help to create a clear cyberspace and build a good network ecology.

　　The rectification must be strict and the governance must be firm. A few days ago, according to the special action plan of "Clear Lang" series in 2023, the Central Network Information Office launched a two-month "Clear Lang Strict Renovation ‘ Since the media ’ Chaos "special action. This special action not only focuses on solving the deep-seated problems such as the distortion of information content and the loss of operational behavior, but also clarifies the main responsibility of compacting the website platform, and emphasizes the exploration and use of economic means to strengthen the supervision of "self-media". It should be said that clear governance objectives, clear tasks and specific action deployment have strong guidance for rectifying the chaos of "self-media" in the next stage and good guidance for regulating the healthy development of "self-media".

　　Remediation of "self-media" chaos should start with cleaning up bad information. This involves rumor information, such as some "self-media" breaking through the offline out of thin air, substituting flowers for trees, making up at random, creating and publishing all kinds of rumors; Involving harmful information, such as some "self-media" public policies, social hot events, etc., smearing attacks and inciting opposition in distorting interpretation and reversing right and wrong; It involves malicious speculation. For example, some "self-media" maliciously spread and follow the trend of false content that they know or should know by means of "headline party" and multi-account linkage. All these things have polluted the network environment, so we must be clear about what we have, be firm, guard against what we have, and try our best as soon as possible. Only by resolutely controlling all kinds of rumor information, harmful information and false information from the source can healthy and beneficial information be more abundant.

　　Behind the dissemination of bad information are some "profit-making ways" from the media. It is also a top priority to comprehensively rectify the illegal profit-making behavior of "self-media". It is necessary to strictly rectify some behaviors such as "from the media" to stir up hot spots to attract powder and drain, create hot spots to generate traffic, and use vulnerable groups to realize traffic. In particular, those illegal acts such as cajoling and luring the elderly, minors and disabled people in order to gain traffic must be resolutely cracked down and severely rectified. Resolutely cutting off some traffic chains and interest chains that are improperly developed from the media can better eradicate the soil that breeds chaos from the media. This is an important fundamental solution.

　　Rectifying the "self-media" chaos is not a temporary matter or a family matter. It requires the concerted efforts of many parties and long-term efforts. Among them, it is necessary to pay special attention to the counterfeiting of "self-media" accounts of official institutions, news media and specific personnel, and to ban them as soon as possible after being discovered. It can be seen that it is necessary, important and urgent to compact the main responsibility of the website platform, urge the website platform to improve the whole chain management system of account registration, operation and closure, and strengthen the normalization management of account name information audit, professional qualification certification and information content audit. At the same time, in the process of special action, it is necessary to strengthen consultation and judgment with public security departments, check and sort out the reported clues of "self-media" crimes on the website platform, and notify the public security organs in time, so that cybercrime can not escape the severe punishment of the law.

　　The Internet is a public space, and "self-media" has a public attribute. The more powerful it is, the more responsible it is. Facing the future, we will continue to explore the use of legal and economic means to strengthen "self-media" supervision, strictly deal with standards, curb illegal profits, improve the management system, strengthen departmental linkage, and strengthen publicity and guidance, so as to achieve the unity of social and economic benefits. Everyone needs a good "self-media" development direction and a healthy Internet development order, and everyone has a responsibility. Together, we will definitely make the Internet space more clear and tidy.

[car home Yulin Preferential Promotion Channel] Recently, an unprecedented preferential activity was ushered in in Yulin City, with the highest preferential range reaching 94,000 yuan. Now buy BMW i4, the minimum starting price is only 375,900 yuan. The opportunity is rare. Interested friends, please hurry up and click "Check the car price" in the quotation form to strive for higher discounts!

The exterior design of BMW i4 shows unique style and modernity. The front face adopts the iconic kidney-shaped air intake grille, and the grille adopts a closed design to highlight its electric identity. The LED headlight groups on both sides are connected with the air intake grille, showing a wider visual effect. The body lines are smooth and dynamic, and the outline of the whole car presents a combination of elegance and strength. The overall design style not only retains the classic elements of BMW, but also incorporates a sense of futurity and technology. The exterior design of BMW i4 fully demonstrates its unique charm as an electric vehicle.

The dimensions of BMW i4 are 4785mm long, 1852mm wide, 1455mm high and 2856mm wheelbase. The front tread is 1601mm and the rear tread is 1630mm. The car side lines are smooth and dynamic, with 18-inch rims, which are 245/45 R18 in front of tyre size and 255/45 R18 in rear of tyre size, showing the perfect integration of sports style and elegant design.

The interior style of BMW i4 is elegant and full of scientific sense. The center console adopts a 14.9-inch floating touch screen, which supports voice recognition control of multimedia system, navigation, telephone and air conditioner. The steering wheel is wrapped in high-quality leather and has the function of manual adjustment, which is convenient for the driver to adjust according to his personal needs. The car is equipped with multiple USB and Type-C interfaces, two in the front row and two in the back row, to meet the charging needs of multiple devices. The front row is also equipped with wireless charging function, which is convenient for drivers and passengers to charge their mobile phones at any time. There are many choices of seat materials, including imitation leather, genuine leather and leather /Alcantara mix-and-match. The main and co-pilot seats have multiple adjustment functions, including front and rear adjustment, backrest adjustment, height adjustment, leg rest adjustment and lumbar support, providing excellent ride comfort. In addition, the front seats also support heating function to improve the comfort of driving in winter.

BMW i4 is equipped with an efficient motor with a maximum power of 210 kW and a maximum torque of 400 Nm. This dynamic performance not only ensures the acceleration response and driving stability of the vehicle, but also brings a satisfactory driving experience to the driver.

Car home car owners are full of admiration for BMW i4. He mentioned: "Sound insulation is good, power is sufficient, and the appearance is king. I don’t think I will lose my sister Mercedes-Benz when I make the volcanic red interior." This evaluation not only highlights the excellent performance of BMW i4 in sound insulation and power, but also gives high praise to its appearance and interior design.

　　Guangming Daily reporter Li Xiaodong Zhou Hongshuang Lei Zhang

　　On May 27th, Sichuan Wolong National Nature Reserve Administration released a series of photos and videos of the world’s only white giant panda, including its front photo and rare scenes such as its frame with a pair of giant pandas and suspected mating and fighting with another wild giant panda.

　　In April 2019, a wild infrared trigger camera at an altitude of about 2,000 meters captured the silhouette of a white giant panda for the first time in Wolong National Nature Reserve, Sichuan Province. This is the only white giant panda found so far. The reserve quickly carried out special monitoring, and nearly 1,000 effective monitoring data have been collected. The photos and videos released this time directly reflect some of the activities of the white giant panda, and also show from one side that the quality of the giant panda habitat in Wolong Nature Reserve is very high, providing sufficient food and a safe habitat for wild giant pandas.

　　The white giant panda is facing the photo. Photo courtesy of Sichuan Wolong National Nature Reserve Administration

　　　First release of the front photo of the white giant panda

　　"We have repeatedly judged the route, laid out and adjusted the infrared camera site. Through four years of monitoring, we have basically mastered the activity law of this white giant panda." Tan Yingchun, executive of Sichuan Wolong White Giant Panda Protection Research Project, said that in the past two years since the white giant panda was first photographed in 2019, all the images of this white giant panda captured by infrared trigger cameras, either walking in the snow, or "meditating", or crossing the dense forest and small river ditch, were just the back, or the hips and backs that flashed by.

　　In the series of photos and videos released on the 27th, the frontal photo of the white giant panda appeared for the first time.

　　In the "selfie perspective", the white giant panda has a serious expression. On its round, white face, pale pink eyes and pink eye sockets look intense, without dark circles, "like a giant panda who likes to go to bed early and get up early"; A circle of white hair protruding around the eyes has the effect of enlarging the eyes visually; The nose is an inverted triangle of pink, with a circle of black lines around it and a white kiss, which makes it look more serious and restrained than other giant pandas.

　　In the "he pats the angle of view", the eyes of the white bear cat are almost hard to open due to the reflection of sunlight in the snow, the whole body hair is golden white, it wriggles its chubby body, and the skin of its four bare feet, which should have been black, has also turned into pink white.

　　Another video shows that the white giant panda is covered with a layer of white snow, which blends with its coat color and falls on its eyes like natural white eyelashes. It dragged a bamboo under the tree and ate it.

　　"Albinism is widespread in various groups of vertebrates, usually due to gene mutation of individual animals, which hinders the synthesis of pigments in the body and appears white, golden white or light gold in external form." Li Sheng, a researcher at Peking University College of Life Sciences, said that whether this albino gene will be further transmitted in the local giant panda population needs to be observed and explored through continuous field monitoring.

　　Three giant pandas are in the same frame. Photo courtesy of Sichuan Wolong National Nature Reserve Administration

　　　Suspected to have photographed a white giant panda in the same frame as his mother.

　　A set of videos released on the same day showed that one evening, the white giant panda broke into the nest of a pair of panda mothers and children. The panda mother in the tree hole gave a very short warning, and the panda cub did not hesitate to jump up. The white giant panda screamed while retreating. After watching the cubs run away after chasing the white giant panda, the mother panda continued to tickle calmly without stepping out of the tree hole.

　　After 40 minutes, the white panda turned back to the tree hole alone, and the female panda took the initiative to drive away. Later, from time to time outside the screen, pandas tried to get close, and they screamed weakly. Occasionally, the mother panda stood up and gave a low roar impatiently, giving a response of driving away. There are also several images showing that after the mother panda left, the white panda returned to the front of the tree hole to smell it carefully; The panda cubs sniffed carefully before returning to the tree hole; Panda cubs explore along the footprints of white giant pandas.

　　"There is a possibility that this female panda is the mother of a white panda." Wei Rongping, a professor-level senior engineer at the China Giant Panda Conservation Research Center, said that the cubs in the picture are about 1 to 2 years old, while the size of the white giant panda is close to that of an adult. At that time, Wolong had entered the estrus season of wild giant pandas. At this time, when an adult giant panda approached or invaded, the female panda with cubs would show strong aggression, and she would rush forward and violently yell and expel them, and even fight with them. This female panda’s performance is extremely "calm", which is not in line with the general law. Only when the mother smells the child and feels safe will she be so peaceful.

　　Wei Rongping introduced that previous field follow-up studies have found that the mother panda and her children have a lot of time to live in an overlapping nest, and individuals who live independently from their mothers will go home to visit their mothers many times in three or four years. It will keep showing kindness and want to be close, and its mother will often silently accept or gently drive it away, while its brothers and sisters will be more willing to chase it. "These are also in line with the developments recorded by infrared cameras. The white giant panda is extremely good, but it is firmly rejected by her mother." Wei Rongping said.

　　　Albino mutation did not affect healthy growth and social activities.

　　One day in mid-spring, a camera collected a total of 66 photos, recording the process of suspected mating and fighting between a white giant panda and another wild giant panda.

　　At noon, the white giant panda arrived there first, searched everywhere and stayed for more than a minute. At 15 o’clock, the white giant panda returned here again, made a "smell mark" and left. Half an hour later, the white giant panda chased a wild giant panda into the area, and then began to wrestle. This wild individual is smaller than the white giant panda, and the wild giant panda once bit the back of the white giant panda.

　　"March to May every year is the season for them to courtship and mate. I tend to think that they are mating." Shi Xiaogang, director of Mujiangping Protection Station of Sichuan Wolong National Nature Reserve Administration, said that giant pandas are solitary animals. Generally speaking, when wild giant pandas meet or fight for territory, they mainly yell and scare, and there is less direct physical contact. This kind of fighting occurs in the breeding season, usually when pandas are courting or mating, and there is a behavior of biting their backs in the picture, which is relatively easy to happen during mating.

　　"In the past four years, we have collected nearly 1,000 effective monitoring data, and recorded the crossing trajectory of this white giant panda and several wild giant pandas, as well as its behaviors of eating bamboo, marking the trunk and suspected mating or fighting." Liu Mingchong, a professor-level senior engineer in Sichuan Wolong National Nature Reserve, introduced.

　　"We are also starting from the micro, conducting a more systematic study on it, collecting its feces and hair, and further analyzing the relevant biological information of this white giant panda through DNA testing." Tan Yingchun said.

　　"The white giant panda not only survived healthily, but also had normal communication and interaction with other wild giant pandas in the region. It seems that the albino mutation has not affected its healthy growth and social activities." Li Sheng said that this also shows from the side that the quality of the giant panda habitat in Wolong is very high, which not only has sufficient food resources, but also provides a safe habitat for wild giant pandas, reflecting the value and effectiveness of the reserve.

　　　　(Guangming Daily, Chengdu, May 27th)