南京夜生活桑拿网

On March 24th, the National Space Weather Monitoring and Early Warning Center of China Meteorological Bureau (hereinafter referred to as "Space Weather Early Warning Center") gave an early warning of the possible geomagnetic activities on March 24th, 25th and 26th, indicating that geomagnetic storms or even geomagnetic storms may occur during this period. Experts in the field of satellite meteorology interpret the early warning, indicating that spacecraft and homing pigeons are sensitive to geomagnetic storms, and suggest relevant units and homing pigeon enthusiasts to deal with them; Aurora may appear during geomagnetic storms, and enthusiasts interested in observing aurora can be prepared.

The coronal mass ejection process was photographed by the coronal instrument carried by SOHO satellite.

According to the information released by the Space Weather Warning Center, geomagnetic activity may occur on March 24, 25 and 26, among which moderate geomagnetic storms or even geomagnetic storms may occur on March 25, and it is expected that geomagnetic activity will last until March 26. According to the information released by the Space Weather Warning Center, the location of the coronal mass ejection (CME) process is almost right on the earth, so the ejecta form a round surface when viewed from the earth. The solar material ejected by this kind of explosive activity is faster than the earth and has high coverage, which may cause strong geomagnetic activity.

Solar activity area before coronal mass ejection observed by xi he satellite

Cao Jing, an expert in scientific communication in the field of satellite meteorology in China and a senior engineer, said that geomagnetic storm is a violent disturbance phenomenon of the earth’s magnetic field caused by the "losing temper" of the sun, and spacecraft and homing pigeons are more sensitive to geomagnetic storm. During the geomagnetic storm or geomagnetic storm; the orbit for low-orbit spacecraft; including the space station; may drop uncontrollably; and the navigation error for satellites may increase. There have been geomagnetic storms encountered during satellite launch abroad that caused huge losses. Aviation flight has double risks of poor communication and trans-polar radiation; Carrier pigeons may get lost. During geomagnetic storms or geomagnetic storms, the earth may observe aurora.

Cao Jing suggested that pigeon lovers should not release homing pigeons during the geomagnetic storm warning period, so as to avoid the pigeons from "finding the north" and returning home. Friends who like to watch the aurora, pay close attention to the information released by the National Space Weather Monitoring and Early Warning Center of China Meteorological Bureau, and choose the right place to observe the aurora. Judging from the reply of the Space Weather Warning Center to netizens at noon on March 24th, it is not only the traditional "Arctic" Mohe area in China, but also most areas in northern China can try to observe.

On December 1, 2023, the aurora appeared in Mohe, Heilongjiang. Photo courtesy of Propaganda Department of Mohe Municipal Committee

Source | Yangcheng Evening News, Yangcheng School, Jinyang. com, some contents are integrated from space weather and China meteorology.

Text | Reporter Liang Yitao

Five minutes, 210 kilometers. This is the recharge level of "S4 Super Fast Charge" released by Xpeng Motors on August 15th.

This is good news for Tucki car owners and users who plan to buy Tucki, and it also marks that the electric vehicle industry has taken another step towards eliminating endurance anxiety.

However, it has never been the style of the new forces to talk about things in a straightforward way. Without a few obscene words, it is not enough to attract the attention of the industry, and it is difficult to express their determination to try to subvert the industry without a few flag. Therefore, Tucki gave a "formula" at the press conference: ultra-fast charging+high battery life+self-charging = eliminating hybrid.

Hearing this rhetoric, the scientific and technological circles cheered and the automobile industry frowned.

The former cheered because the "five minutes of charging and two hours of talking" on the mobile phone can finally be arranged on the car, which is known as the industrial pearl, but the technical threshold is just that. The latter frown because they have seen too many words such as "800V high voltage platform", "overcharge" and "x minutes x 100 kilometers". It is reasonable to say that according to the efficiency of "improvement every six months and iteration every year", charging anxiety should have ceased to exist. But the fact is that people’s charging experience has not ushered in a leap.

Charging is difficult and cannot be solved in the short term.

Compared with the perfect situation of "charging for 5 minutes and cruising for 200 kilometers", the current car owners encounter more scenes of "charging for 1 hour and queuing for 4 hours". Although this is an extreme situation during the holidays, isn’t the significance of the existence of the charging network "to raise troops for a thousand days and use them for a while"? If we don’t solve the pain points of these "edge scenes", isn’t it equivalent to the fact that autopilot can’t identify the "ghost probe"? Breaking the chain at a critical moment is the root cause of people’s distrust of a technology.

In fact, the information that the enterprise thinks the user’s car status is different from that before the actual user’s car status, which is also one of the reasons for the poor user experience. According to Tucki, after investigation, they found that the battery life of pure electric vehicles is generally 500 kilometers. Without home charging, pure electric vehicles can commute for more than one week at a time.

However, according to Analysys "Research Report on the Development of Public Charging Service Market for Electric Vehicles in China in 2022", it is pointed out that the construction of public charging infrastructure network in China is structurally insufficient. And the current charging pile users present three characteristics: more than half of users choose public parking lots for charging; The charging time of users is mostly 0.5-1 hour, and the proportion of users who charge once a day is the highest; Problems such as difficulty in finding piles, long queue time and high charging price affect the charging experience of users.

We basically need to charge every day, but there is no fixed parking space to install electric piles at home, so we have to go outside to find public piles, and the experience of finding piles is still not good.

There is obviously a gap between Tucki’s optimistic expectation of pure trams and the actual experience of users of pure electric vehicles.

On the other hand, according to the actual measurement of several new forces’ overcharged piles in car home, it is found that although the power of some charging piles is as high as several hundred kilowatts, the vehicles themselves do not support such high charging power, that is to say, the bottleneck sometimes lies not in the piles, but in the vehicles. He Xiaopeng also pointed out in the press conference that the current G9 in Tucki and the new models after that can support the S3 and S4 levels of fast charging in Tucki, but "at present, it is impossible to upgrade the previous car to ultra-fast charging, mainly due to the battery limitation, but our S4 super-charged pile will be compatible with S2 and S3 models, which actually improves the charging experience of the previous models". That means, the old models can be charged on the S4 charging pile, but only the charging efficiency of S2-anyway, our technology is changing with each passing day, so you should buy early and enjoy early, but don’t complain about the old technology.

Let’s look at another item in Tucki’s formula, self-operated charging pile. At present, 1,000 self-operated charging stations have been built in Tucki. According to the data of charging alliance, it is estimated that there are 4,015 fast-charging piles and 502 AC piles in Tucki. According to the plan, it is expected to reach 3000 seats in 2025. In contrast, Tesla currently has 1,200 super charging stations in China, with 8,700 piles.

But it seems that Tesla has never shouted the slogan of "eliminating mixing".

Pure electricity may be the end, but it should also be based on the present.

Judging from the current human cognition, pure electricity seems to be the ultimate form of automobile energy transformation, but it is not in "years" as the unit, at least in "years" as the unit.

However, in Tucki’s view, at present, pure electric vehicles can commute for more than a week with one charge, while hybrid vehicles need to be recharged with pure electricity for about 2 to 3 times a week. Refueling will bring higher use cost, and the NVH performance and performance under the condition of feeding are poor.

At first glance, it makes sense, but under the fine product, the flexibility of hybrid cars that can be recharged with oil and electricity has become what He Xiaopeng called "need to be recharged more frequently than pure electricity"-can’t it be refueled? The dual power advantage of oil and electricity becomes "weak power in the state of power loss"-then you can’t move without electricity. The combination is to compare the strengths of pure electric vehicles with the weaknesses of hybrid vehicles one by one, showing that the latter is useless, which can be called the Tucki version of "Tian Ji Horse Racing".

As far as the current market is concerned, the more reasonable process is that before the electric replaces the hybrid, the hybrid first replaces the pure fuel vehicle. According to the Technical Roadmap 2.0 of Energy-saving and New Energy Vehicles of China Automotive Engineering Society, the total proportion of hybrid vehicles (including energy-saving vehicles, PHEV and EREV) in future new energy vehicles will increase from 2.5% in 2020 to 42% in 2025 and reach 52.5% in 2035. Professional organizations have said that in 2035, hybrid vehicles will account for more than half of the total number of new energy vehicles, which is not so easy to eliminate.

TF Securities pointed out in the report "Smart Electric Vehicle Track Depth VI: Hybrid Power Helps the Rise of Independent Brands" that the penetration rate of hybrid vehicles has been greatly improved in 2021. With the launch of a new generation of hybrid products from independent brands, new forces and technology companies, it is expected that the penetration rate of hybrid vehicles will continue to increase rapidly in 2022. According to its calculation, hybrid vehicles may have more than 16 times growth space in 2020-2025.

Different from the traditional European manufacturers adopting P2+48V light mixing and the HEV route adopted by Japanese manufacturers, the domestic independent brands of Great Wall Lemon DHT, BYD DM-i/DM-p, Geely Raytheon and other technologies can almost guarantee the characteristics of strong performance, low fuel consumption and smoothness under any working conditions, which has a solid advantage over overseas technical routes.

However, Cui Dongshu, secretary general of the Federation, affirmed Tucki’s point of view. He pointed out that fast charging and long battery life are definitely no problem. Hybrid is actually just a "spare tire". If the fast charging technology is solved, the "spare tire" is not needed. He said that the hybrid system equipment is too complicated and consumes a lot of energy when using electricity, so pure electricity will be the core trend. However, he also believes that "in the short term, we have to look at technological breakthroughs."

Zhang Xiang, Dean of New Energy Automobile Technology Research Institute of Jiangxi New Energy Technology Vocational College, gave a similar view. With the decrease of power battery cost and the cancellation of subsidies/green licensing policies for PHEV and HEV in various places (starting from January 1, 2023, Shanghai cancelled the issuance of green licenses for PHEV), such transitional technologies will be gradually eliminated. "At present, hybrid vehicles can replace the cost of some expensive power batteries with mature engine technology, but the battery cost will be lower and lower. And the hybrid car has two systems, which are highly complex and prone to problems. In the future, when the battery cost is lower than the engine, it is the time when hybrid technology is eliminated. However, he also pointed out that mixing is not "killed by Tucki", but a general trend in the industry.

It must be admitted that the battery cost will drop, the charging efficiency will be closer to the refueling speed, and electric vehicles will gradually replace fuel and even hybrid vehicles. But no one knows who is still alive and who has been eliminated when this day comes.

　　From grandma to father, the job of electrician has been passed down for more than 40 years by Gao Yi, a family from Hebei. When he was a child, he looked up at his father who worked on a telephone pole and thought the job was really "cool". When he grew up, he also chose to climb tens of meters of cement poles and fight for the "bright" cause of thousands of families in square inches.

　　Fade away the campus youth and feel the value of electrician at the grass-roots level

　　Where to start the work and how to apply the knowledge learned in the university … … He just joined Dongguang Power Supply Company, and he was very confused. Later, when chatting with some old employees, they suggested Gao Yi: "Come with us to the scene next time and see if you can learn something in the emergency repair and line inspection."

　　Once, an old master pointed to a telephone pole and asked Gao Yi, "Look with your eyes, how far is this pole from us?" "It’s 60 meters anyway." The master took out his instrument and said, "I think it is 100 meters." Measure with an instrument, 98 meters. The master said to Gao Yi earnestly, "Without investigation, there is no right to speak. What you see with your eyes is not necessarily true. You ‘ College students ’ Do more exercise and study at the grassroots level in the future. "

　　At the grassroots level, Gao Yi gradually understood the value and significance of the existence of electricians.

　　At the beginning of 2018, Gao Yi was transferred to the power supply station with the widest power supply area in Dongguang County, which was responsible for the electricity demand of more than 17,000 households and nearly 70,000 villagers. One day in March, a strong wind came suddenly with heavy rain. At 6 o’clock in the morning, Gao Yi, who was on duty, received a phone call from the villagers in Xindian Village: "The telephone poles have fallen … …”

　　Hang up the phone, Gao Yi called a dozen colleagues and rushed to Xindian Village with equipment. The temperature was extremely low that day, and it kept raining. The car carrying the telephone pole was stuck in the mud and couldn’t move. Gao Yi and his colleagues pushed it bit by bit, carried the broken pole out, and then brought the new pole in and set it up. At that time, the pole was covered with ice formed by rain, and it was difficult to slide. They can only take the flame spray gun, spray a little in the previous step, and wipe it with a cloth immediately after spraying. "If you don’t wipe it, it will form ice again in a few seconds."

　　After five hours of non-stop repair by Gao Yi and his colleagues, power supply was finally restored to more than 10,000 villagers on the whole line.

　　Take a good lead in rural electrification construction project

　　In 2013, Gao Yi was transferred to the Development and Construction Department of Dongguang Power Supply Company and took charge of the project.

　　Gao Yi’s first project is to help the village construction, which is a key project in Hebei Province to improve the rural power supply and consumption environment. Although Gao Yi and his colleagues made sufficient preparations and had already negotiated with the village committee and villagers, an unexpected situation appeared during the construction. A villager was dissatisfied with the fact that the electric wire passed above his homestead. "He said that if he built three or four floors in the future, the height of the electric wire would not meet the safe distance." In the face of the villagers’ sudden "special" requirements, at that time, Gao Yi could only negotiate with the villagers, re-measure and revise the drawings.

　　Overcoming the bad weather such as thunderstorm and strong wind during the construction process and solving various emergencies, Gao Yi and his colleagues finally successfully completed dozens of renovation projects in various villages, making more than 30,000 villagers in dozens of villages use safe electricity. An aunt in the village smiled and said to Gao Yi: "In the past, the voltage was low, the air conditioning and refrigeration didn’t work, and the fan didn’t work hard. Now, the voltage is high and stable, and the wind blown by the air conditioner is twice as cold. "

　　After owning nearly 100 patented products, it attacked "management innovation"

　　After years of hard work in basic technical posts, Gao Yi has nearly 100 patents, but his thoughts have not stopped there. He secretly set a goal to achieve a leap from "tool innovation" to "management innovation". In 2016, it coincided with the Youth Innovation and Creative Competition held by State Grid Corporation of China. Gao Yi carried out in-depth practice on the idea of VR that had been lingering in his mind and made it the first power training software in China.

　　Gao Yi introduced that in his years of work, he found that due to the shortage of teachers and equipment, the company’s training for employees could not always be carried out very efficiently. So, he showed the training content of power system with VR technology, and employees can receive training by wearing VR equipment and using the made software. After the software was tried out in the company, Gao Yi was very surprised by the feedback from employees. "Many employees like this training method and have learned a lot from it."

　　After completing the project of VR training software, Gao Yi also tried to make a power VR business platform. "Now the power business hall has a physical business hall, an online business hall and a mobile APP business hall. Why can’t there be a VR business hall?" Users can communicate with shop assistants (NPC) face to face and one to one through VR equipment.

　　Up to now, Gao Yi has obtained 91 national patents. Gao Yi’s inventions have brought many beneficial changes to his work. The unit supported Gao Yi to set up an innovation studio to drive more young employees to participate in the innovation work.

In order to revitalize its assets, Country Garden took the lead in selling commercial assets instead of transferring its residential development projects. In today’s market, high-quality commercial assets are easier to cash out. In the past, commercial assets that were considered to be "difficult to get rid of and heavy on assets" may have better liquidity than residential projects.

With the continuous injection of favorable financial policies for real estate, the news of large-scale commercial assets transactions frequently spread in the domestic real estate M&A market, and selling commercial assets has become an important strategy to revitalize the stock of head housing enterprises. After Vanke set up the business department, will Country Garden take a new step?

Source: New Fortune Magazine (ID: xcf Plus)

Author: Du Dongdong

After Wanda Group’s sale of 10 wanda plaza attracted attention, the news of Country Garden (02007.HK) selling assets was screened.

On the evening of January 22, 2024, Country Garden listed on the Guangzhou Property Rights Exchange and transferred a number of assets, including hotels, office buildings, commercial properties, office buildings, apartment buildings, etc. The total price of assets to be transferred was 3.818 billion yuan.

Since the first debt default in August, 2023, the management of Country Garden has repeatedly stated that it wants to "sell iron" to save itself, from cutting administrative expenses by nearly 60%, shrinking the number of regional companies to 21, selling private jets to Yang Guoqiang, reducing the salary of "working emperor" Mo Bin to 10,000 yuan per month, and even auctioning off the car for senior executives to pay off debts. In order to reverse the predicament, "Cosmic Housing Enterprises" can be described as all kinds of "vicious tricks".

Like most real estate enterprises in danger, Country Garden has inevitably embarked on the road of selling assets to pay off debts, from selling its equity in the Guangzhou Asian Games Town project to transferring the equity of Wanda Commercial Management at a loss, and now it has announced the sale of 3.818 billion yuan of commercial assets in Guangzhou, which is naturally reasonable.

However, as a typical residential real estate developer, Country Garden’s revitalized assets come first with commercial assets, which still surprises many people.

01. First-line commercial assets are put on the "shelf" first.

At the 2024 annual working meeting held on January 15th, Yang Huiyan, Chairman of the Board of Directors of Country Garden Group, once again stressed that "the family must share the fate with the company" and "we are trying our best to revitalize our assets".

The listing and sale of five asset packages in Guangzhou this time shows that Country Garden’s asset revitalization has taken an important step.

According to public information, these five asset packages specifically include: Phoenix Hotel in Zengcheng District, with a price of 1.26 billion yuan, and the highest listing transfer price; Followed by the office building project of Canglongfu in Country Garden, Panyu District, with a price of 1.152 billion yuan; The Grade A office building project of Country Garden Center in Zengcheng District is quoted at 772 million yuan, the Renhe apartment building in Baiyun District is quoted at 384 million yuan, and the AEON commercial property in Country Garden Phoenix City in Zengcheng District is quoted at 250 million yuan.

The highest priced Phoenix Hotel in Zengcheng District is the largest five-star landscape-themed hotel in eastern Guangzhou and one of the few first-tier city hotel projects in Country Garden. It was opened in 2003 and renovated in 2017, with a total of 573 luxury rooms. In addition to the hotel’s assets, Country Garden also sells high-quality office buildings, businesses, apartment buildings and other projects on the counter.

Overall, the quality of Country Garden’s assets on the shelves this time is good. This may be related to its situation.

According to iFind data, by the middle of 2023, Country Garden’s rights and interests attributable to its parent company had further shrunk from a high of 203.623 billion yuan in 2022 to 155.061 billion yuan, and its total liabilities remained at a high level of 1.36 trillion yuan. At the same time, the cash and cash equivalents in Country Garden’s account were 101.115 billion yuan, including 29.454 billion yuan in restricted deposits and cash, and 30.508 billion yuan in accounts receivable and bills in the same period; Short-term loans amounted to 108.703 billion yuan, and accounts payable and notes amounted to 202.237 billion yuan. Money is tight, and selling assets is imminent.

In order to get rid of the predicament, Country Garden has recently made drastic management changes, including merging regional companies, streamlining the structure, and the company’s management taking the initiative to reduce salaries to convey confidence to the market with a positive attitude. In addition to cutting expenses, speeding up the collection of sales payments and receivables, revitalizing large and difficult commercial precipitated assets has become another key measure.

Earlier in September, 2022, Country Garden sold its 26% equity and sales debt of Guangdong Property Rights Exchange Group Investment and Development Co., Ltd. to Jiumaojiu (09922.HK), a Hong Kong-listed catering company.

In August 2023, Country Garden sold 26.67% equity of Guangzhou Asian Games Town Project to China Shipping Real Estate for a total price of about 1.2915 billion yuan. After the acquisition, China Shipping Real Estate became a 100% shareholder of Guangzhou Asian Games Town.

In the same month, Country Garden issued 350 million shares to Jiantao Group (00148.HK), a company listed in Hong Kong stock market, and paid off its debt of HK$ 270 million in the form of "debt-to-equity swap". In the following December, Country Garden sold its stake in Zhuhai Wanda Commercial Management at a price of 3.069 billion yuan at a loss of 160 million yuan.

On January 18th, 2024, Country Garden Australia, an Australian subsidiary, sold part of the interest of Wilton Greens to Avantaus, a Chinese private developer, for about A $240 million (about RMB 1.13 billion).

Overall, including this asset sale, Country Garden has not sold many assets so far. As a typical residential real estate developer, Country Garden has invested in more than 3,103 real estate projects in China. Nowadays, in order to revitalize assets, almost all of them are commercial assets, not residential real estate.

According to public information, Country Garden Group’s commercial real estate business is mainly managed by Country Garden Business Travel.

Country Garden Business Travel originated from the business management department established by Country Garden in 2005. It is mainly responsible for undertaking the commercial assets generated in the development of residential business and is positioned to serve residential real estate. In 2018, Country Garden adjusted the commercial sector to the group headquarters, and established Country Garden Business Travel together.

Since 2021, Country Garden Business Travel has gradually focused its operations on shopping centers, and has operated 14 commercial product lines including Bile City, Bile Time, Bijia, Bile Town and Biying International. There are more than 60 group commercial projects under unified management and operation, covering four sectors of commerce, long-term rental, cultural travel and office buildings, and several commercial complexes have been built in cities such as Guangzhou and Shenzhen.

According to the data, in 2022, the total construction area of Country Garden Business Travel Project reached 1.13 million square meters, and it landed in 24 cities in 14 provinces across the country. According to the 2023 interim report, the operating income of Country Garden’s property investment and hotel management sector was 2.234 billion yuan, accounting for 0.98% of the total operating income of 226.309 billion yuan, and the asset scale of this sector was not disclosed.

In this asset sale, Country Garden’s "business first" strategy is not uncommon among housing enterprises.

02. Commercial assets are now easier to cash out.

Recently, the enthusiasm of domestic housing enterprises to revitalize their assets is getting higher and higher, and the intention of bringing their projects to the market and revitalizing existing assets to solve the difficulties is getting stronger and stronger. In the real estate M&A market, news of transactions of bulk commercial assets frequently came out, and more and more housing enterprises successfully cashed out.

Looking around the real estate industry, not only Country Garden, but also commercial assets are generally chosen to revitalize the assets of residential housing enterprises.

According to incomplete statistics, in the last three years, the real estate enterprises that sold assets, including at least 15 head real estate enterprises such as Shimao Group (00813.HK), Joy City (000031), OCT (Asia, 03366.HK) and Greenland Holdings (600606), sold projects with a scale of over 100 million yuan, all of which were commercial assets (Table 1).

In contrast, in the residential asset transfer market, except for ST Taihe (000732) and Jinke (000656), the remaining 26 residential developers have only changed hands sporadically.

Wind data shows that from 2021 to 2023, 112 residential related assets were sold by head housing enterprises, with a total transaction scale exceeding 130 billion yuan. In the same period, the transaction scale of commercial real estate projects with a scale of over 100 million yuan nationwide was 102.436 billion yuan, which was similar.

As we all know, the scale of domestic commercial real estate projects is much lower than that of residential real estate assets. In 2023, the national commercial housing sales reached 11.66 trillion yuan. In the same period, the national investment in commercial housing development exceeded 118 million yuan.

The comparison of the two data may reveal a reality-commercial assets that used to be considered as "difficult to get rid of and heavy on assets" are far easier to cash out now than residential development project assets. In other words, the liquidity of residential assets is much lower than that of commercial assets.

Theoretically speaking, superior and high-quality properties in first-and second-tier cities are often easy to directly face C-end sales and withdraw funds without being pushed to the bulk M&A market; Instead of first-and second-tier residential real estate projects, under the background of weak market demand and generally sluggish sales, it is also difficult to transfer equity to B-end financial investment institutions and get cash.

By the first half of 2023, Country Garden’s contracted sales in third-and fourth-tier cities still accounted for 65%. From this point of view, the assets of Country Garden’s residential projects rarely move, but there are difficulties behind putting commercial assets projects on the "counter" first.

Judging from the market transaction cases, domestic commercial offices, industrial logistics, industrial parks, rental housing and consumer infrastructure and other investment real estate have obtained capital bargain-hunting. These commercial projects located in prime locations of first-tier cities such as Beijing and Shanghai are actually assets under pressure and have strong appreciation space. Choosing to start when the market sentiment is depressed and the real estate price is down has a high risk-return ratio for investors.

Therefore, Country Garden takes the lead in selling high-quality office buildings, businesses, apartment buildings and other projects in Guangzhou, and it is relatively easier to get the attention of bargain-hunting capital.

03, the breakthrough of housing enterprises to revitalize assets

The warming of commercial assets transactions may be related to the rapid promotion of real estate financial policies in recent years.

Since 2023, the national ministries and commissions have successively issued the Notice on Standardizing and Recommending Real Estate Investment Trust Funds (REITs) Projects in Infrastructure, and the Notice on Further Promoting the Normalized Issuance of REITs in Infrastructure, among which it is clearly stated that priority should be given to supporting urban and rural commercial network projects such as department stores, shopping centers and farmers’ markets, so as to guarantee the basic livelihood of community commercial projects to issue infrastructure REITs.

On October 20th, 2023, China Securities Regulatory Commission issued the Decision on Amending Article 50 of the Guidelines for Public Offering of Infrastructure Securities Investment Funds (Trial), which expanded the types of pilot assets of publicly offered REITs to consumer infrastructure. At the end of the month, the first batch of four consumer infrastructure REITs were approved.

The gradual expansion of the pilot scope of public offering REITs and the launch of real estate private equity investment funds not only mean that the closed loop of real estate finance in China is gradually taking shape, but also inject a great benefit into activating domestic stock assets.

Public offering of REITs is the most critical part of the commercial real estate cycle. Investors have a higher chance to realize the profit exit of the project through REITs or asset securitization, which is the logic of the bargain-hunting capital giving priority to investing in high-quality commercial real estate projects.

Standing in the current deeply adjusted real estate environment, housing enterprises are generally eager to cash out funds to tide over difficulties, and the revitalization of existing commercial assets has become one of the important strategies to promote housing enterprises to get rid of difficulties. Furthermore, the scale and proportion of commercial assets owned by real estate enterprises may affect the speed of revitalizing their existing assets.

After testing the consumption of REITs, on January 14th, 2024, Vanke released the organizational adjustment and personnel arrangement, set up a business division, and unified the commercial business of seven regions and Yinli Group into it, thus raising the development of its commercial real estate to a new height.

After the sale of Guangzhou commercial assets package, Country Garden still has many commercial projects in hand. Will it take a new step to revitalize related assets? We will wait and see.

Any information and information mentioned in this article is only the expression of the author’s personal views or the statement of specific events, and does not constitute recommendation and investment advice, and does not represent the position of the society. Investors should bear the risks and consequences of investing accordingly.

On January 10th, the editorial department of Pop Song Rock magazine issued an announcement announcing the temporary suspension of publication, and all the editorial staff terminated their labor contracts. The completed October 2017 issue and the ongoing November issue will not be released.

Subsequently, in the Weibo, Pop Songs Rock hoped that everyone "need not interpret the magazine’s closure excessively, and this clean-up work is about the rule that a public institution is not allowed to run its own business.

Popular Songs is a monthly magazine founded by Hebei Art Research Institute at the end of 1986, which was closed at the age of 31.

Other music magazines that disappeared before it were I Love Rock Music, Audio-Visual World, music heaven, Pocket Music, ROLLING STONE Audio-Visual World and Non-Music …

A flash in the pan, coming back from the dead, sticking to the last moment, this short list includes a fancy death method of a music magazine.

The death of "Popular Songs" is more aggrieved. The statement reads: "In these years, the magazine has not lost money, but it still has to disappear quietly at the end of 2017 without even a formal and good farewell."

At that time, everyone in the circle of friends had a lot to say. There are people who miss singing naysayers, but only one person must buy every issue until the last issue.

-"The magazine is still in Beijing and my hometown, and there are many CDs that I have listened to with the magazine for many years."

-"High school and college are spent by popular songs. One by one, the paper media fell, and youth really ended. "

-"Knowing Popular Songs Since I was a child, one popular song was in my father’s drawer. At that time, popular songs had a lot of music scores. Later, I subscribed to pop songs by myself, when pop songs were already rock magazines. I didn’t expect pop songs to say goodbye in this way … take care! "

For most people, "Popular Songs" died twice. One is the end of youth, no longer looking forward to, reading and relying on it to complete music enlightenment and self-identity; Once, I was shocked to hear that the magazine was closed. In fact, the magazine that had already died was mentally dead again.

When the music industry rolled all the way to performances, figures and platforms …, some magazines kept pace with the times, so there were survivors such as Heavy Music and the resurrected Modern Sky magazine.

"Popular Songs" failed to transform successfully, maybe it was time for me to disagree? The decline of paper media is like that of river of no return, and it is a miracle to survive.

But spiritual things are not easy to die. Many people who have come out of "Popular Songs" continue to add firewood to the music industry.

A friend’s first job and first unit were in Popular Songs, and later he became the founder of the music festival. He thanked the musicians and mentors he had known during the turbulent years, and was very grateful when he suddenly found that "the logo created by our young team at that time has not changed until now". It’s just that his testimony that "we will meet again in the future, rock music is still there, always there, always there" is as romantic as fireworks.

Another friend bought a magazine on the street at the beginning of the century, called according to the copyright page and went directly to the office for an internship. This internship became her first job for independent rock music, which read, "Music reviews and live reports with 60 words began her own writing outside her homework". Later, she became the VP of a well-known music company. She said, "I miss the time when I could give people growth and nutrition."

The old driver, a music critic who wrote a column for two or three years around 2000, said, "Turn over the page, it’s not cruel at all. An era has long since ended and there is no regret. "

A friend who used to be an editor of a music magazine reporter and later spent half his life in the industry also meant this: "There is no such thing as a banquet that must come to an end, so we should not recall the past."

The middle-aged musician who was accompanied by "Popular Songs" said: "Go well and don’t send, see you in the afterlife."

These people are all (once) media people. Media people are more pragmatic, and the lamentation of rabbit’s death and fox’s sorrow has been exhausted a few years ago. Those who are still working hard in the circle know that sighing is the most useless, and only by looking forward can there be a way to go.

The saddest thing is the youth. May the rock spirit be with you.

Like every generation of young people, they took this opportunity to express their feelings about the "times" at the space funeral of Popular Songs. Good, bad, bad, desperate. The eternal theme of youth has been stirred up again because of the closure of a rock magazine.

Youth and nothingness are only separated by a window paper. Decadent young people lamented the useless efforts of the editorial department for 31 years: "The media that have written countless music and bands will become some people who can’t name them, and they will have memories in their hearts. These invisible behind-the-scenes workers have paid so much enthusiasm."

Younger young people look at the "good times" that they have hardly had time to experience: "Music magazines and music critics once enlightened and influenced a whole generation of teenagers, but today’s children only have entertainment gossip to see."

What will happen in the future? Another pessimistic youth jumped out: "There is no need for the future, and no one listens to songs now."

At this time, positive young people appeared: "Now domestic independent musicians at least have more convenient channels for you to publish their works and get attention, right?" The era of superstars has passed, and focus and payment will give diversification more space to try. Will it be more comfortable to think about it? "

More philosophical young people voiced their efforts: "Just because there are no music magazines in this country doesn’t mean there are no music reports in this country. The key is that you don’t look at it very much … The times change, do you want to see ours?"

So many voices, back to the core of the old problem. I miss a music magazine gathering a large group of people. After 30 years, if everyone has a sense of ritual to piece together the past, it is actually missing "the self who scoured around to collect music magazines and watch performance information and music reviews", and always focused at that time.

A friend of mine has a friend named Dabao who hit the nail on the head: "After thinking about it, our generation is happy to float around, and no one wants to be popular." Shouting Buddhism in your mouth actually wants a lot. " Is this the truth?

　　A: At present, the COVID-19 Online Registration System (EVDS) has been open to medical staff and people aged 60 and above, and the scope of the applicants will be gradually expanded in light of the vaccine procurement. After the registration is successful, the relevant institutions will inform the applicant of the specific vaccination date and place by SMS. (Source: Website of China Embassy in South Africa)

　　[serving overseas Chinese is all in the treasure of overseas Chinese]

Still photos of the drama "anna karenine" of the Baltic House Theatre Du Yang photo

　　BEIJING, Beijing, November 2 (Reporter Ying Ni) The drama "anna karenine" of the Russian Baltic House Theatre was staged at the National Theatre on the evening of the 1st, which opened the curtain for the 2019 Beijing International Youth Theatre Festival. During the two-month drama festival, 21 works from China, Russian, French, Lithuanian, Belgian and Brazilian will be presented to the audience.

　　The opening drama anna karenine, adapted from lev tolstoy’s novel of the same name, tells the love tragedy of anna karenine, a self-seeking woman, with the background of czarist Russia in the second half of the 19th century. It was directed by Russian people’s artist Aleksandr Galibin, and won the highest theater prize of "Golden Sky Award" in St Petersburg.

Still photos of the drama "anna karenine" of the Baltic House Theatre Du Yang photo

　　Among other foreign plays, Lithuanian’s Under the Ice, Under the Ice mocked the poverty of culture and the absurdity of consumerism with 1000 plastic water bottles and fragmented music and video pictures. Belgium’s "forgotten to dust" is based on the Chernobyl accident, which comforts the lost soul with puppet poetry; Brazil’s "The Fury" uses 1500 books and natural light to interpret the growing and almost crazy turbulent emotions; Back to the beginning in France uses hip-hop dance to interpret Michelangelo’s Genesis as a "flowing mural" in the theater.

　　In domestic plays, Hamlet by Li Yao sets the stage on the ruins and reproduces Shakespeare’s tragedy in the form of experiments. Gao Xiaoqin’s Diary of a Seducer interprets the works of the same name by the existentialist philosopher Kierkegaard in the form of sound and body. Su Xiaogang’s "Mao Se" is adapted from the works of the German poet Heiner Miller, asking the proposition of "who is human"; Gu Min-wen’s Lemming is adapted from the script of Japanese poet shuji terayama to piece together an exciting and enthusiastic strange world. Peng Jiarong’s Where is Mickey? describes the absurd and bizarre family life in modern urban society. The "City" of the company with good symbiosis shows the behavior, thoughts and feelings of the little people living in Guangzhou through dance.

Still photos of the drama "anna karenine" of the Baltic House Theatre Du Yang photo

　　The unit "Through to avignon" includes eight works: A Doll’s House, The World is a Wandering Rabbit, Bonzi Tiger Chicken, An Experience Report on the National Happiness Index, 18th Floor, Group Age, Sleeping Beauty Awakens from a Dream, and We 2s: Labor Exchange Market. In addition, shorthand creative workshops, script reading, 48-hour V drama and other related activities will be held during the drama festival.

Meng Jinghui (second from right), artistic director and director of the Beijing International Youth Drama Festival, won the highest prize in the Baltic House International Drama Festival.

　　Before the live performance on the evening of the 1st, Sergey Schuber, director of the Baltic House Theatre in St. Petersburg, also presented the highest prize of the Baltic House International Drama Festival to director Meng Jinghui. In October, the Meng Jinghui version of Teahouse was officially invited by the Baltic House International Drama Festival to perform as the opening drama in St. Petersburg.

Today, I went to the local Wuling 4S store (Jinan City, Shandong Province), focusing on the market research of Hongguang MINIEV, especially the third-generation macaroon, which has not been listed for a long time in the early stage. As the old macaroon is still on sale, will there be any internal competition between the new and old models? Please read down.

Compared with the old model, the size of the third-generation macaroon has changed. The measurements are 3064/1493/1629mm, and the wheelbase is extended to 2010mm, which is 70mm； longer than that of the previous generation macaroon. The white roof, front and rear white through panels, and the color scheme of avocado green look a little small and fresh, and the changes of the front and rear light groups are more obvious. The oval outline is better than the previous generation, but it always feels a little lost to cancel the LED daytime running lights on the front of the car.

The interior uses an 8-inch touch screen and a 7-inch full LCD instrument panel, which improves the sense of technology obviously, and the air conditioning control area is located under the touch screen, making the operation more convenient; The mobile APP supports more remote control functions such as door unlocking, charging management, car light condition inquiry, car search and so on, and provides multi-function buttons on the right side of the steering wheel.

In the case of long wheelbase, the interior space of the third-generation macaroon has indeed improved, especially the longitudinal space experience. The second row of legs is no longer as cramped as the previous generation. The co-pilot can adjust the backrest forward with one button, but it still feels awkward to get in and out of the second row, and the door is still relatively large. When opening the door, pay attention to the pedestrians or vehicles outside.

The third generation macaroon provides reversing radar, reversing image, uphill assist and main and auxiliary airbags. CLTC pure battery life is available in two versions: 170km and 215km. Among them, the 2024 macaroon 215km supports 0.58-hour fast charging, with a motor power of 30 kW and a total torque of 92 Nm, while the 2024 macaroon 170km does not support fast charging. The motor power is reduced to 20 kW and the total torque is reduced to 85 Nm.

Recently, macaroon, the third generation of Hongguang MINIEV in the store, came to the car one after another, with various colors, including milk apricot coffee and avocado green, and the exhibition car was the avocado green version. In the face of sales, the third-generation macaroon is mainly promoted to prospective customers. To see car customers is basically to measure whether it is worth buying around face value and space.

However, the 2022 macaroon is still on sale, and the preferential strength has reached 13,000 yuan. For example, the guide price of the 2022 macaroon color painting model promoted by the store is 52,800 yuan, and now the bare car price is 39,800 yuan, and the NEDC pure battery life is 170km；; The guide price of 2024 macaroon 170km is 41,800 yuan, and after detailed discussion, a discount of 2,000 yuan is also given, and the price of bare car is also 39,800 yuan.

Because the old and new models are together, customers will unconsciously compare the differences between them, but basically the face value plays a decisive role; A small number of customers will compare Changan Lumin, focusing on appearance and interior.

Customers look at the 2024 macaroon 170km, which is 5,000 yuan cheaper than the 215km version. The difference is only in terms of cruising range and motor power. The full landing price is estimated at 44,200 yuan, and the full landing price of the 215km version is estimated at 49,300 yuan. Customers will feel that the 5000 yuan spent less is enough to support the electricity bill for a long time to come.

Wuling Hongguang MINIEV now mainly promotes the third-generation macaroon and the previous-generation macaroon, and other versions don’t even have exhibition cars, indicating that the recent focus of car companies is the macaroon series. Personally, the price of this kind of car is more suitable, and the difference between them is very small. Those who like the face value can refer to this price to talk about it, and it is also good to win more gifts.

1905 movie network news　The film directed by Li Xiaofeng and produced by Bo Huang was recently released in Pingtan, Fujian. On July 17th, the film exposed a group of starring stills, and the starring lineup composed of powerful actors such as Zhang Yu, Song Jia, Yanhui Wang, Hong Chi Lee, Ancy, Chen Jin, Zhou Zhengjie and Gao Yuhang was first exposed. From the producer to the all-powerful cast of actors, the appearance of "Calm Down" has aroused strong concern and expectation from fans.

With successive wonderful performances, actor Zhang Yu made a blockbuster after his hibernation last year. Bo Huang, who is well-known for his acting skills, directed barrel shooting at the beginning of last year, which was also a great success. This time, the two cooperated "cross-border" in Li Xiaofeng’s new film "Calm Down", with a leading role in front of the stage and a behind-the-scenes producer, which became the "double insurance" of film quality. Together with Song Jia, Yanhui Wang, Hong Chi Lee and Chen Jin, all of them are acting guarantees. The film was officially announced for the first time, and both "quality sense" and "trust" were bursting.

Li Xiaofeng harvests the "double insurance" strength combination in front of and behind Bo Huang Zhangyu, and then welcomes the new challenge.　

Last year, Bo Huang’s directorial debut, The Island, was released, which won a win-win reputation at the box office. This year, he joined the film "Calm Down" as a new producer. It is reported that this film is also one of the works of Bo Huang’s "HB+U New Director Assistance Plan". Director Li Xiaofeng, who has already made two feature films, has been rewarded by Bo Huang’s producer, and Bo Huang, the producer of the script stage, has been deeply involved and put forward his own suggestions in important links such as story direction and character setting. As soon as the play starring himself was finished, Bo Huang flew to the crew of "Calm Down" on an early flight to "give advice" on the set, and worked hard as a producer.

Zhang Yu, first hero of the film, experienced a year of "opening" last year because of Dying to Survive, Nobody and other masterpieces. His acting skills were recognized and he was praised as "seeing Zhang Yu’s name is like seeing the quality inspection stamp of the film". After successively "betting" on two directors, Muye Wen and Rao Xiaozhi, the hot Zhang Yu chose to cooperate with director Li Xiaofeng after settling down. He admitted that he read the script in one breath and was "attracted by the role and theme expression", and decided to act the next day. This time, he will play a different role that is both introverted and explosive, which is also a new challenge he gave himself.

Calm down, Zhang Yu

Being able to get Bo Huang and Zhang Yu to join us at the same time and let them cooperate "across the border" in "Calm Down", director Li Xiaofeng relies on a solid script story. Previously, Li Xiaofeng had been shortlisted for several international film festivals with his films and Pursuit. Calm is his third feature film, which tells the story of how a person chooses and redeems himself in the face of the pressure and betrayal of life. In this suspenseful new story, Li Xiaofeng hopes to give the film "strong emotional penetration" and become a "movie with wonderful narrative, powerful core, empathy with the audience and touching people’s hearts".

Song Jia, Yanhui Wang, Hong Chi Lee, the all-powerful lineup, the acting skills "exceeded the standard", and the dark tide surged behind the calm.

A group of starring stills released at the same time with the news of the killing show us the full strength of the film’s creative lineup for the first time. The black-and-white background color forms a strong visual contrast with the red title, which catches people’s eyes. Looking at Zhang Yu’s role, it can be called changeable, with juvenile paranoia and helplessness at the bottom. This new work has a slightly wrinkled eyebrow, a closed mouth and silent tears, and instantly sees the restraint of an adult. In addition, Song Jia’s gaze, Yanhui Wang’s question and Hong Chi Lee’s hesitation … … Full of emotions poured out in an instant, saying that it was calm, but at the moment it was surging. It is rare to see such an all-acting lineup in domestic films. At first glance, it is full of shock, and then it is full of aftertaste, which also gives us more "trust" in the quality of the film "Calm".

"Calm" Song Jia

In addition to Zhang Yu, other starring roles continue to contribute high-quality roles. Song Jia played the leading role in a film released not long ago, and successfully created a tragic character. And let more people see the acting skills of young actors like Hong Chi Lee and Ancy, who are the leaders of their peers. It is worth mentioning that "Calm Down" is the third cooperation between Yanhui Wang and Zhang Yu after Dying to Survive and "Nobody". Two good actors in appreciate each other are entangled in the father-son relationship, and this time they finally have enough addiction to each other. When the era of traffic gradually passed, the acting school was more and more recognized, and this group can be called the most expressive and expressive lineup in Chinese movies this year.

"Calm Down" was recently released in Pingtan, Fujian. The film is directed by Li Xiaofeng, produced by Bo Huang, and co-starred by Zhang Yu, Song Jia, Yanhui Wang, Hong Chi Lee, Ancy, Chen Jin, Zhou Zhengjie and Gao Yuhang.

What I want to talk about today is a plug-in hybrid car. Let’s take you to appreciate its style.

First of all, from the appearance, the tank 300 new energy front presents an avant-garde personality design style, which makes people unforgettable. The headlights are very simple and the shape is quite sharp. The car is equipped with LED daytime running lights, front fog lights, automatic opening and closing, adaptive far and near light, delayed closing and so on. Come to the side of the car, the car body size is 4760MM*1930MM*1903MM, the car adopts elegant lines, and the side of the car gives people a very streamlined feeling. With large-sized thick-walled tires, the shape is eye-catching. In terms of the rear end, the rear end looks more atmospheric, and the taillights look very young and fashionable. Overall, it is still relatively avant-garde.

When I came into the car, the interior style was very fashionable and simple, which made people feel very streamlined. The steering wheel design of the car is very deep, and it is made of leather, which gives people a good grip experience. From the central control point of view, with the 12.3-inch central control screen, the interior style is impressive, and the overall design of the central control is very good. Let Xiaobian introduce the dashboard and seats. The dashboard design is remarkable, and the trendy design elements make people remember it at a glance. The car uses leather seats, which are wide and thick and comfortable.

The car is equipped with car networking, driving mode selection, remote control key, Bluetooth key, rear wiper, interior atmosphere light and other configurations, with rich functions, which greatly enhances its convenience of use.

After reading the above introduction, let’s make a summary. The moderate size of the car is a very suitable choice for many families, and the internal space is enough for daily use in families.