In 2017, most of the cross-border films directed by actors failed to pass the box office and had a low reputation.

Since 2012, the film "Sorry for Thailand" directed by Zhao Wei and directed by Xú Zhēng has become "explosive" one after another, and acting with excellence has become a very remarkable phenomenon in the China film market in recent years. In the past year, there were more than a dozen works directed by actors. Although the proportion of them was not high compared with the annual output of more than 400 domestic films, they were a batch of works with their own flow and attention.

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Debuts generally have a low box office reputation.

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Last year, some directors who were transformed from actors handed in the second examination paper, and more were the first directors. The former includes Jason Wu, Alec Su, Han Han and Dapeng; The latter are from Wang Baoqiang, Huang Lei, Liming, Wang Xiaokun, Cai Kangyong, Jerry Lee, Gao Xiaopan and Wu Junru.

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Regardless of word of mouth or box office, the former wins the latter. The highest box office was Wolf Warriors 2 (5.68 billion yuan), followed by Braving the Wind and Waves, with 1.049 billion yuan. The Dedication of Suspect X is not as good as the first two films at the box office, but it is also a qualified commercial film. Hu Jianli, editor-in-chief of the film and television weathervane, believes that this shows that Alec Su has become a mature commercial film director with stable level through experience.

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"Grab the Red" directed by Dawn (16.9 million yuan) and "Brother, stop it!" directed by Gao Xiaopan! "(12.09 million yuan) is at the bottom of the box office and the score is 3.3 and 3.1 respectively. Among other films, Wang Baoqiang’s "Make a Big Scene in Tianzhu" won 758 million yuan at the box office, but it mainly relied on the star effect and the Spring Festival schedule. In addition, "Hunting in the Sky" and "The Demon Rinrin" also exceeded 300 million yuan each, but no matter whether the box office is good or bad, all the directors’ first films failed in word of mouth, and the douban scores were mostly between 3 and 5. According to Hu Jianli’s analysis, when an actor is a director across the border, the works produced actually have certain commonalities. For example, the actors’ performances and lines are the easiest to shine, and the overall grasp of the film, especially the structure and connotation of the film, needs to be tempered.

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Tan Fei, an investor in film and television, believes that compared with previous years, the threshold for actors to make a blockbuster and successfully transform with the director’s debut has become higher and higher, because "the requirements of the audience are getting higher and higher. Although you are famous as an actor, if the director’s work is not good, the audience will not buy it".

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Cross-border directorship becomes "addiction"

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Over the past few years, actors’ campaigns as directors in the film market have not all been successful. Only a few people have truly transformed smoothly, and more people’s works have been put into the market, which soon became cannon fodder.

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The film critic Sai Ren said, in fact, no matter in the world film industry or in China film industry, it is an uninterrupted tradition to play well and guide. Moreover, in all kinds of films, the success rate of actors transforming into directors is much higher than others. He casually cited a lot of examples, such as Wu Tianming, Zhang Yimou, Li Hsing, Hou Xiaoxian, Li Hanxiang, Zhang Aijia, etc. "So I don’t agree that many actors have lowered the threshold of directing. How do you know that people can’t direct good films?"

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Indeed, the transformation of actors into directors has many inherent advantages. Hu Jianli analyzed that stars have popularity and influence, which is not only easy to attract investment when preparing movies, but also has a fan consumption base at the box office, which makes it easy to succeed in the market with half the effort. Cui Ting, a film critic, believes that there is a lot of hot money in the China film market, and many investors have money and no projects. "As long as actors get along well in the industry, they are not only investments, but also scripts and teams. And many actors know the audience better. "

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So, why are some actors’ works not recognized? Fang Li, a famous producer, believes that the key factor is the motivation of filming. "Some actors have stayed in this circle for a long time, have the impulse to express and have their own ideas; There is another one, which is trapped by capital. Isn’t IP particularly popular in recent years? The name of the star can also be regarded as an IP. It is irresponsible to the audience to rush into the horse and circle money. " He recalled that when he helped Han Han’s directorial debut as a producer, he took a fancy to Han Han’s "no hurry" and "impulsiveness". "He first came to talk to me in 2011 and said that he had the idea of becoming a director. He had already made several short films with his photography partner Liao, but he didn’t start making movies until 2014."

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A new wave of cross-border works is on the road.

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I haven’t had time to recover from last year’s cross-border works, and recently several works directed by actors are about to be released. For example, Zhang Xinyi’s romantic film, which is about to meet the audience, is directed and acted by herself. It is said that for this directorial debut, she spent nearly two years, during which almost all other work was put off.

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Just at the end of December, another batch of cross-border films were also killed. On the evening of December 23rd, Rene Liu issued a document in Weibo, announcing that his directorial debut was finished. The film, starring Zhou Dongyu and Jing Bo Ran, tells a love story similar to a song and will meet the audience this year. On December 24th last year, comedian Xiao Shenyang also announced that his first film as a director was finished. The film was prepared for nearly two years and shot for more than three months, with Taiwan Province actress Vivian Sung as the No.1.

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In addition to these finished works, some have been started or are being prepared. For example, the love movie "Writing Poems for You", directed and performed by singer Wu Kequn, recently got the news that it was turned on in Guangzhou. The title of the movie comes from a song he once sang. The comedy directed by Song Xiaobao also announced that it will be launched after the Spring Festival. In addition, Chinese film versions in Tony Leung Ka Fai, Bo Huang and Wallace Chung are also being filmed.

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Avoiding cannon fodder requires more precipitation.

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So many works on the road, how to avoid becoming cannon fodder?

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Hong Kong director Chen Kexin once said that among many actors, he is very optimistic about Bo Huang as a director, because it is actually easier for a good actor to be a director. Bo Huang "not only has excellent analytical skills, but also has rich studio experience". The contestants also mentioned that good actors, especially drama actors, tend to be good directors. "This is because they have to take care of many things when performing, such as the reaction of the actors in the play, such as the audience. This is actually a kind of director thinking training. Nowadays, many film and television actors can’t even take care of themselves, let alone more complicated director thinking. "

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Tan Fei said that it is actually a good thing for many actors to transform into directors. "It shows that our industry is more open and inclusive, but the bad side is that many people may be impetuous." He said that the director is a miscellaneous person, who needs to reserve a lot of knowledge and practical ability and learn more. "A film will take at least two or three years to make, and actors must be prepared to give up many things, such as many opportunities to make money. The job of directing must not be false."

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"No matter what you do, you will have a failed experience. Movies need to be precipitated. Few directors are particularly good when they come up with several films. If you really want to be a director, you have to calm down and shoot for ten years." In Cui Ting’s view, a really good director should shoot all kinds of films. "Now these actors are transforming into directors, and the types of films they shoot are too single, not comedies or romantic films. They should try different types."

Hou Qunfeng, a volunteer of Zhangjiakou Winter Olympics English, developed a team of 2,000 people in one year.

On April 19th, Winter Olympics English volunteers came to Yaojiafang Primary School in Zhangjiakou.

Volunteers after 90s became attached to Winter Olympics.

Come to Zhangjiakou alone and pull up the volunteer team.

"Heads knees shoulders…… …" Accompanied by a simple and lively melody, pupils sang and danced under the guidance of volunteer teachers, with simple English words catchy and humorous and exaggerated movements full of movement. After singing a song, the children swarmed around Mr. Hou, scrambling to find him to sign his book and hand.

On the afternoon of April 19th, Hou Qunfeng, a post-90s volunteer, was treated like a star in the English class of Yaojiafang Primary School in Zhangjiakou.

Hou Qunfeng is the head of the Winter Olympics English Project of Zhangjiakou Charity Volunteer Association. He is 27 years old and is from Chenzhou, Hunan. Hou Qunfeng was born in a peasant family. He experienced the hardships of life from an early age and learned to give back to the society early. Since high school, he has been collecting waste products to support students with difficulties; In 2011, he was admitted to the English Department of Hunan University of Humanities and Science, and participated in voluntary service activities during his college years, serving as the head of a public welfare organization; Teach in a school for the deaf, and support more than 20 children by collecting waste.

In July 2014, Hou Qunfeng started his "one-dollar travel around the world" and joined the earthquake volunteer rescue twice during his journey.

In August 2014, Yunnan Ludian earthquake, he set up a rescue team and joined local militia to rescue three survivors. "I searched and rescued in the ruins once, but I didn’t have time to run, and I was buried alive once." He saved people and was saved by others.

In April 2015, Hou Qunfeng heard of a major earthquake in Nepal during his trip and decided to participate in the rescue. The rescue lasted for two months. He helped carry and distribute relief supplies, disinfected and prevented epidemic in disaster areas, and then began to raise funds to build schools, help school teachers take care of orphans together, and help organizations for the elderly, the sick and the disabled raise money …

In Nepal, Hou Qunfeng met Jia Qinghe, a volunteer from Zhangjiakou. In April 2017, Zhangjiakou Charity Volunteers Federation was established, with Jia Qinghe as the president. After receiving the invitation, Hou Qunfeng quit his job in Beijing and came to Zhangjiakou.

How to pull up the volunteer team when you are a stranger? In Hou Qunfeng’s own words, he was enthusiastic and "cheeky". A few days after he first came to Zhangjiakou, a foreigner in the street asked him for directions. "He is an international student of Hebei North College. I have been chatting and talking to him about the idea of forming a team of English volunteers for the Winter Olympics. He is also very interested and promised to try to mobilize his classmates. " As a result, Richy from Ghana became the first teammate. With their efforts, more than 400 students from Northern College joined the volunteer team. More and more volunteer groups in Zhangjiakou have also joined the Winter Olympics English Volunteer Service Team of the Charity Volunteer Association. In a year, the team has been expanding, with more than 2,000 registered volunteers, including foreign volunteers from more than ten countries, including Ghana, Bangladesh, Britain, Pakistan and Nepal.

The team is up, which groups are served? From the uncles and aunts in the community, to taxi drivers, hotel service personnel, to primary schools in urban and suburban areas, Hou Qunfeng began to "lobby". How can old people in their sixties and seventies persuade them? Hou Qunfeng figured out how to mark the pronunciation with Chinese characters, which made it easy for the elderly to remember. He took this booklet and walked around the streets, chatting with uncles and aunts to mobilize. How to arrange the time for primary school students to attend classes, and what content is suitable for teaching to lay the foundation for the next school textbook teaching? He contacted and communicated with the urban areas and surrounding schools one by one, and arranged students’ courses without affecting their daily courses.

Winter Olympics English class, the most passionate teacher

On the afternoon of 19th, three foreign students from North College attended Yaojiafang Primary School with Hou Qunfeng.

FJ has rich teaching experience. In class, FJ is persuasive, introducing English pronunciations of various parts of the body to children through cards and slides, and leading them to read aloud over and over again. Then divide the class into three groups, choose representatives to PK, listen to the words and point out the corresponding body parts, and the winner will get a "medal".


Hou Qunfeng, the founder of the volunteer service team, is with the children.

 

Vicky is a girl with a bright smile and affinity, and she is very popular among students. Every class, she will bring a lot of candy, and students who answer questions will get this sweet encouragement. Almost all students raise their hands to answer every question.

Among the three classes, the class led by John reads aloud the loudest. John’s reading is very vivid and his body language is varied. When he heard who had nonstandard pronunciation, he patiently corrected them one by one. Some students pronounced hair as head, and John grabbed his hair and reminded him over and over again until the pronunciation was correct, and high-fived them. "I can see you? John is actually a shy boy. " Hou Qunfeng said that John is a little shy on weekdays, and when he comes to class, he feels like a different person, and he is full of passion.

"Volunteer English class is the children’s favorite. It starts at 4 pm, and they are waiting in the classroom early." The teacher of Yaojiafang Primary School said. Gao Ruixue, a child from Class Two, Grade Two, told the reporter that he especially likes these volunteer teachers and is very fun and happy to learn English.

"We had classes on the fourth floor last year, and now we have changed to the first floor." Hou Qunfeng said with a smile that the classroom atmosphere was particularly High. He sang and danced with English songs and felt the floor shaking.

After the course, the students reluctantly bid farewell to the volunteer teacher. Some children quietly left a small gift for the teacher, a card made by themselves or a small doll on the podium.

"Although I am very tired, every time I see the children’s smiles, I feel that my work is valuable." Hou Qunfeng revealed that the current Winter Olympics English project covers more than 40 communities and nearly 40 classes in 10 primary schools in Zhangjiakou. His office is full of volunteer service schedules, and now there are more than 80 activities every week.

This team of English volunteers for the Winter Olympics is still expanding. "Our goal this year is to break through 3,000 people," Hou Qunfeng told reporters. In order to further popularize Winter Olympics English, they opened two English columns with Zhangjiakou TV and Zhangjiakou Daily. At the same time, we will jointly establish a volunteer team for consultation and translation with major hospitals in Zhangjiakou to provide translation volunteer services for foreign friends. Another preparatory team is a volunteer service lecturer group for sign language promotion jointly organized by Zhangjiakou Special School to prepare for the upcoming Paralympic Games.

Save the hero and form a team

We hope to have our rescue team in the Winter Olympics.

The Winter Olympics English Volunteer Service Team is one of the teams of Zhangjiakou Charity Volunteer Federation. At present, the Federation has a total of 95 volunteer teams with more than 8,000 registered members, and more than 30,000 volunteers are contributing to creating a civilized city for Zhangjiakou and welcoming the Winter Olympics.

As a winter Olympic city, it is an inevitable requirement to realize green travel. Zhangjiakou charity volunteer Green Zhangyuan Environmental Protection Team promotes environmental protection and advocates green travel, making green transportation a new business card for Zhangjiakou’s traffic development.

More and more Zhangjiakou people regard ice and snow sports as a new way of life, and major snow resorts have also attracted ice and snow sports enthusiasts from all over the country. The Winter Olympics is approaching, and a group of volunteers with professional rescue experience in Zhangjiakou are preparing for the ice and snow rescue team.

Shen Zhanjun, 50, is now the captain of the Emergency Rescue Corps of the Charity Volunteer Association. He was awarded the title of being a hero in Hebei Province and a model in Zhangjiakou. In 2017, the Qingshuihe Rescue Team was established.

Qingshui River is a tributary of Yanghe River in Yongding River system, which runs through Zhangjiakou city. "Every year in the summer, someone will fall into the river, sometimes more than 20 people a year. Last year, I discussed with a few like-minded friends and decided to set up a professional rescue team. " Shen Zhanjun introduced that there are currently 106 rescuers in the rescue team, with a total of more than 380 volunteers. More than 20 members come from Zhangjiakou Swimming Team and Zhangjiakou Winter Swimming Team, 4 of them hold national outdoor water rescue certificates and have rich experience in river rescue. In addition, there are more than 100 specialized drivers, medical care and logistics support personnel. According to the individual time, the team members will conduct uninterrupted inspections in three shifts from 5 am to 10 pm. "Last year we rescued 11 people and saved three people." Shen Zhanjun told reporters that in addition to water rescue, they also organized volunteers to set up an outdoor mountain rescue team and prepared to set up an ice and snow rescue team. At the end of last year, he proposed a plan to the Chongli District Government, and under the organization of the district government, he discussed with the heads of major ski resorts. "All major ski resorts have their own rescue teams, but after all, the scale is limited. If we gather together and set up an ice and snow rescue team through targeted training, it is much better than fighting alone and can improve rescue efficiency. " Shen Zhanjun is brewing this professional ice and snow rescue team that unites all forces. According to the plan, the selected players will receive a three-month professional training. "I hope that in the 2022 Winter Olympics, there will be an ice and snow rescue team set up by our Zhangjiakou volunteers themselves!" Shen Zhanjun said.

 

Source: Beijing Evening News reporter Zhao Xiao Road Intern reporter Li Huaren and photo

Breaking 2021 | Top Ten People in the Real Estate Circle: Who Plan for a rainy day? Who saves himself against the trend?

In 2021, the real estate industry is full of turmoil and challenges. This year, some people misjudged the situation and fell to the bottom; Some people died suddenly without paying their ambitions; Some couples turned against each other and affected the controlling interest; Some people plan ahead and be prepared for danger in times of peace; Some people face the crisis and choose to face it … The real estate news department of Beijing News took stock of ten people who had a great influence in the industry this year. Through the images of these people, we can not only see the changes of the industry, but also get a glimpse of the future trend.

In 2021, the real estate industry is full of turmoil and challenges, and there are also many people who have a significant impact in the industry. Image source /IC photo

1. Xu Jiayin: Glamour is no longer.

Xu Jiayin is the most frustrated entrepreneur in the real estate industry. It happened in less than a year that he was the richest man in real estate and his company was in debt of one trillion yuan.

With the outbreak of Evergrande’s debt crisis, Xu Jiayin began to experience the coldest "winter" since its establishment. However, Xu Jiayin did not escape, and made many promises to ensure the delivery of the building and be responsible for it to the end. Since July, in order to maintain the liquidity of the Group, Xu Jiayin has raised funds by selling personal assets or pledging equity, and injected over 7 billion yuan in cash into Evergrande to maintain the basic operation of the Group.

On October 22nd, Xu Jiayin said at the special meeting on the resumption of work and production of Evergrande Group that Evergrande should fully implement existing building sales, and all buildings or projects that have not been pre-sold should be sold in existing buildings in the future. In addition, the sales scale of real estate will be reduced from more than 700 billion last year to about 200 billion per year within 10 years, and the industrial transformation from real estate to new energy vehicles will be completed within 10 years. However, it remains to be seen whether the new strategy can help Evergrande overcome the debt quagmire.

2. Zuo Hui: Sudden death.

On May 20th this year, Ke Holdings Inc. issued an obituary, and Zuo Hui died of illness at the age of 50. After the news came out, many people in the real estate industry remembered it. Zuo Hui is known as a leading figure in the real estate brokerage industry. In the past 20 years, the chain home led by Zuo Hui has been integrated into many cities in China, forming the capillary of its offline network. At the same time, its online service platform, Ke Holdings Inc., has promoted the construction and reshaping of the rules of the real estate brokerage industry.

With the death of Zuo Hui, the shell also ushered in a series of challenges, and the stock price fell from a high point; Subsequently, Shenzhen, Hangzhou and other places launched official trading platforms. It is worth noting that at the end of the year, the shell was "short" by Muddy Waters, but it quickly dismantled and responded to the contents of the report.

How to get to Zuo Hui, the shell of Peng Yongdong era? It will take time to test.

3. Pan Shiyi: Cash out failed.

As a big fan in the real estate circle in Weibo, Pan Shiyi has always had a very high exposure, from making movies, selling apples and running marathons to photography and learning programming, but it has also received mixed praise, especially the public opinion of "clearing the warehouse and running away".

In 2012, SOHO China started as a "charter company", and changed from selling in bulk to holding. However, since the announcement of the transformation, SOHO China still has many large-scale transactions in different degrees. From 2014 to 2019, it sold more than 25 billion yuan of property assets, especially in 2020, the frequency of "selling and selling" was a bit high. At the same time, SOHO China has not purchased any new projects in China.

On this basis, on June 16 this year, SOHO China announced that Blackstone issued a comprehensive takeover offer to invest in SOHO China, about 3.047 billion US dollars, in order to obtain a controlling stake in SOHO China; After the transaction is completed, the existing controlling shareholder of SOHO China will retain 9% of the shares, and SOHO China will continue to be listed on the Hong Kong Stock Exchange. However, the acquisition did not go smoothly as scheduled. Finally, on September 10th, SOHO China announced that Blackstone’s takeover offer was terminated.

4, Ren Zeping: "Advice" controversy.

From the perspective of topic quantity and communication degree, Ren Zeping can be described as the most popular economist in 2021. In December 2017, Ren Zeping joined Evergrande as the chief economist (vice president level) of Evergrande Group and the president of Evergrande Economic Research Institute. At that time, he was pushed to the forefront of public opinion because of the rumors of tens of millions of annual salary.

In March this year, after spending 39 months in Evergrande, Ren Zeping finally chose to part ways with Evergrande, return to his old job and join soochow securities.

With Evergrande in debt crisis, he has been questioned as "mistaken" for the enterprise and once again pushed to the forefront. In this regard, on October 11th, Ren Zeping published a long article in "Zeping Macro" and responded to many criticisms. He said, "Not long after I joined the company, I also advised to reduce debt and oppose diversification in front of several principal responsible persons of the company, because it is clearly written in the history of enterprise development at home and abroad that diversification mostly failed, which can be described as a narrow escape."

Now, after the storm, Ren Zeping’s Tik Tok has gained many fans in the past six months, engaged in live broadcast and sold courses … and it has flourished in its old business.

5. Yu Liang: Preparing for "Winter"

Vanke has been the leader of the industry all the year round, and its helm has naturally become recognized as the "leading brother" in the industry. The words of Yu Liang, Chairman of the Board of Directors, are often interpreted as the wind vane of the industry development, from setting the tone of "Silver Age" to "surviving" and then focusing on "management bonus".

Three years ago, Yu Liang put forward the idea of "surviving", and now it has become the main proposition of major housing enterprises and the most real existence of the real estate industry. Since the second half of this year, facing the complicated industry situation, Yu Liang’s thinking is very clear. On October 22, Vanke held a business exchange meeting in Shanghai. Yu Liang summed up the current situation and future development trend of the industry in sixteen words: respect common sense and return to normal; There is still a chance after the labor pains.

In Yu Liang’s view, the real estate industry has entered a new normal, and there are still opportunities after the pain. In this process, first solve your own problems and ensure your own safety. "Winter is the same, and it’s not easy; But spring is different, there are different living methods, and the key point is to study the’ living method of spring’. " 

6, Wang Jianlin: "light" return

Wang Jianlin, who kept a low profile for a long time and spent several years reducing his debts vigorously, became obviously active in 2021, and met with leaders at all levels in Tianjin, Changchun, Dalian, Chengde, Meishan, Zhaoqing and Zhuhai all over the country.

More importantly, on March 29th, Wanda Commercial Management Group signed an agreement with Zhuhai Municipal Government to settle the restructured Wanda Light Assets Commercial Management Company in Hengqin, Zhuhai, and Zhuhai State-owned Assets Supervision and Administration Commission invested 3 billion yuan to invest in Wanda Light Assets Commercial Management Company. Subsequently, the major shareholder of Wanda Commercial Management Group Co., Ltd. was changed to "Zhuhai Wanda Commercial Management" with a shareholding ratio of 100%. On this basis, on October 21st, Zhuhai Wanda Commercial Management submitted a prospectus to the Hong Kong Stock Exchange.

In terms of commercial operation, on June 12th, Yan ‘an Red Street, which was invested and built by Wanda Group, opened for business, and it has exceeded 4 million passengers only for over a hundred days. In wanda plaza, as of September 30th, wanda plaza entered the "400-store era".

On October 11th, China FAW and Wanda Group announced their strategic cooperation, and they will jointly set up an automobile service company to build a "brand-new Hongqi Shangchao Experience Store" nationwide. Then, it was reported that Wang Jianlin had traded his car for Cheng Hongqi, and at the same time, he asked corporate executives to also trade their cars for Cheng Hongqi.

7. Huang Qisen: "Second Venture"?

Taihe has been in debt crisis for more than a year, and Taihe’s projects have been shut down for a long time. Since the beginning of this year, with the gradual easing of financial pressure, Taihe projects have also resumed work. On April 28th, Huang Qisen said at the internal mobilization meeting that when Taihe resumed its work, production and sales in an all-round way, he hoped that the company would unify its thinking, understanding and cohesion.

In July, Taihe’s internal magazine "Taikehui" was re-published, and Huang Qisen published a signed article entitled "Situation and Task of Taihe", saying that Taihe "began to enter the mountain road" and looked forward to the prospect of the company’s "second venture". On this basis, on August 28th, Huang Qisen appeared in the spotlight at the press conference held in China Yard of Taihe. He said that the future development of Taihe will be "changed" and "unchanged". What remains unchanged is the ingenuity of products and the persistence of China traditional culture, and what changes is Taihe’s pursuit of scale. In the future, Taihe will take the development path of "small but beautiful, small but fine".

However, for Huang Qisen, building products is an important starting point for Taihe to maintain its competitiveness, but at present, solving the debt problem is the only way for the company to tide over the liquidity crisis and solve the problem of the majority of owners handing over houses.

8. Zeng Baobao: "The darkest hour"

The crisis of Fantasia broke out on October 4, and the balance of a US dollar bill failed to be paid on schedule, taking the lead in lying flat, which not only caused Fantasia itself to fall into a liquidity crisis, but also triggered the default of US dollar debt of housing enterprises. That evening, Zeng Baobao released a movie poster of "The Dark Hour" in Weibo, which was suspected of being in the mood at that time. But not long after, she released two circles of friends, and had a clearer and more positive attitude towards the current problems.

"Things come, don’t escape; When you encounter a problem, solve it. " On October 8, when Zeng Baobao released "Bao Ye’s Letter" to all employees, he explained that the liquidity difficulty of Fantasia Year originated from the early morning of September 29, when Standard & Poor’s suddenly downgraded the company’s rating, which seriously restricted the cross-financing of the company at home and abroad, and the liquidity was tense in stages. At the same time, Zeng Baobao promised to the outside world that he would never "lie flat", strive to control and eliminate risks and get out of the liquidity dilemma as soon as possible.

At the same time that Zeng Baobao expressed his position, Fantasia was also actively saving himself. In the past three months, Fantasia’s major foreign investment companies have successively withdrawn from more than ten project subsidiaries or investment partnerships in Shenzhen, Chengdu, Hangzhou and Beijing by mortgage or sale.

9. Huang Hongyun: Husband and wife "dark war"

2021 is an unusual year for Huang Hongyun. At the beginning of this year, Jinke Co., Ltd. experienced a great personnel change. Jiang Sihai, the former chairman of the company, and Yu Linqiang, the president, retired behind the scenes. Zhou Da was elected as the chairman of the company and Yang Chengjun was elected as the president of the group.

Such a change of guard at the top of the core is also regarded by the industry as Huang Hongyun’s "unbreakable" attitude. Prior to this, Jinke ended the control dispute with Sunac, which took four years, and set a sales target of 450 billion yuan in five years. It is not difficult to see Huang Hongyun’s thirst for scale.

Although Huang Hongyun held the position of the company’s actual controller, the division of equity property once caused Jinke to fall into a public opinion storm. In the middle of the year, an "open letter to all employees of Jinke" fermented on the Internet, tearing apart the divorce dispute between Huang Hongyun and his ex-wife Tao Hongxia. Huang Hongyun once said on many public occasions that "I personally will not give up the control of the company, and Jinke is my life".

Near the end of the year, Jinke was deeply troubled by the rumors of capital chain break. Although it quickly denied that the report was untrue, behind the frequent rumors and rumors was the concern of the outside world about Jinke’s operating conditions and liquidity.

10. Hu Baosen: "seeking help" due to disaster.

As the founder of Jianye Department, he was also one of the "three gentlemen" of real estate in his early years. As Wang Shi and Feng Lun gradually faded out, Hu Baosen became the only "elder" who stuck to the front line.

In May this year, Hu Baosen listed Zhongyuan Jianye, a construction agent under Jianye Real Estate, as the fourth listing platform of Jianye Department. On June 28th, the signing ceremony of strategic cooperation between Jianye Group and Ronghua Holdings was held in Xi ‘an. Hu Baosen said that Shaanxi was the first stop for Jianye to go to and serve the Great Central Plains.

In September this year, Jianye Real Estate once again became the focus of attention inside and outside the industry. Taking the July 20th rainstorm in Zhengzhou as the cause, a distress letter "Report on Major Risks and Crises of Enterprises and Asking for Help and Rescue" sent by Jianye Group to the Henan Provincial Government was widely circulated, and caused great waves in the market. Because of this letter, the share prices of the four listed companies in the "Jianye Department" fell in unison, and the liquidity problem of Jianye Real Estate was also exposed in the spotlight.

Since the second half of the year, Hu Baosen has taken measures to inject confidence into the market. On November 8, Jianye paid $375 million to repurchase 66.75% of the senior notes due on the same day; On the same day, Jianye also disclosed that it had repurchased 2 million shares on the Hong Kong Stock Exchange at a total consideration of HK$ 2,072,500.

Beijing News reporter Zhang Xiaolan 
Editor Yang Juanjuan proofreads Liu Baoqing.
Image source information picture (except signature)

Suzhou Range Rover Sports Edition price reduction news, the latest offer is 670,000! Preferential treatment waits for no man.

Welcome to [car home Suzhou Special Promotion Channel] to bring you the latest and hottest auto market trends. Today, we pay special attention to the price reduction of a luxury SUV, which has attracted much attention. At present, consumers in Suzhou are enjoying a rare opportunity, and this hard-core model is attracting car buyers with a preferential margin of up to 298,000 yuan. The original price of the Range Rover Sport Edition is 670,000, and now the lowest starting price has dropped to a very competitive level in the market. This is a good opportunity to buy a car. If you are interested in this model, be sure to click "Check the car price" in the quotation form, so as to grasp this wave of real discounts and make your dream of buying a car come true.

苏州揽胜运动版降价消息,最新报价67万!优惠不等人

Range Rover Sport Edition interprets the perfect combination of luxury and dynamism with its unique design language. In the front part, the delicate chrome trim runs through the air intake grille, showing the combination of strength and exquisiteness, creating a strong visual impact. The body lines are smooth and sporty. The overall style not only retains the noble genes of the Range Rover family, but also incorporates more radical sports elements, so that every detail shows the extraordinary charm of this model.

苏州揽胜运动版降价消息,最新报价67万!优惠不等人

Range Rover Sport Edition highlights the perfect combination of luxury and dynamism with its exquisite side design. The body length is 4946mm, the width is 2047mm, the height is 1820mm and the wheelbase is 2997mm, which gives the vehicle spacious interior space and stable driving stability. The design of 1702mm front track and 1704mm rear track ensures excellent driving balance. Tyre size is 255/60 R20, which not only provides excellent grip, but also perfectly blends with the body lines, showing an elegant and powerful dynamic aesthetics. The exquisite rim style further strengthens the visual impact of this luxury SUV.

苏州揽胜运动版降价消息,最新报价67万!优惠不等人

The interior of Range Rover Sport Edition is exquisite and luxurious, which shows the consistent high quality of British brands. The car uses a mix of high-grade leather and imitation leather materials to create a comfortable and delicate touch. The steering wheel is wrapped in leather or leather, which not only feels excellent, but also is equipped with electric up and down+front and rear adjustment function to ensure that the driver can find the most comfortable grip angle according to his needs. The 13.1-inch central control screen stands in the center, equipped with advanced speech recognition control system, which supports multimedia, navigation, telephone, air conditioning and skylight control, and is convenient and intelligent to operate. In terms of seats, the main and passenger seats provide four-way adjustment, including front and rear, backrest, height and lumbar support, and the front seats also have heating and ventilation functions, and are equipped with electric memory functions to ensure the comfort of long-distance driving. The second row of seats supports backrest adjustment, while the seat recline adopts proportional reclining design, providing various space utilization flexibility.

苏州揽胜运动版降价消息,最新报价67万!优惠不等人

The Range Rover Sport Edition is equipped with a powerful 3.0T engine, with a maximum power of 265kW and an astonishing peak torque of 500 Nm. This power system has an output of 360 horsepower and an 8-speed automatic manual transmission, which ensures that the vehicle can provide smooth and efficient power output in various driving scenarios.

To sum up, car home car owners’ love for Range Rover Sport Edition not only stems from its unique shape design, especially the exquisite craftsmanship at the rear of the car. He said that after personalized black body film treatment, the vehicle is more upscale, and the design of taillights and logos skillfully improves the overall coordination. As for the shape of the headlights, it adds a blend of classics and modernity. This combination has undoubtedly made Range Rover Sport a remarkable landscape on the road.

Strong cold air hit most parts of China again on the 15th, and typhoon "Seagull" has been generated.

       CCTV News:The Central Meteorological Observatory predicts that from tomorrow night, another strong cold air will start from northern Xinjiang and affect most parts of China from west to east. In addition, the 26th typhoon "Seagull" has been generated this year, and most of the Yellow Sea, East China Sea and Taiwan Province Strait will be disturbed by strong winds of 6-8.

one

       Affected by cold air, the temperature dropped by 4 ~ 10℃ in most parts of central and eastern China yesterday, reaching 12 ~ 18℃ in eastern and southern Northeast China and parts of eastern North China. Snowfall (rain) or sleet in eastern Heilongjiang, eastern Jilin and eastern Liaoning. It is expected that there will be small to medium snow and local heavy snow in central and eastern Jilin and northern Liaoning today, and the temperature in most parts of central and eastern China will rise briefly. From the night of 15th, a new strong cold air will start from the north of Xinjiang and affect most parts of China from west to east. Affected by this, there will be northerly winds of 4 ~ 6 in most parts of China, with the temperature generally dropping by 6 ~ 10℃, and the temperature drop in some areas can reach above 12℃. The wind power in Shankou, Xinjiang can reach 9 ~ 10, and the central and eastern regions are accompanied by a wide range of rain and snow.

       This year’s No.26 typhoon "Seagull" was generated yesterday morning, and it is expected to move to the northwest at a speed of 20-25 kilometers per hour. Due to the joint influence of cold air and typhoon "Seagull", most of the Yellow Sea, most of the East China Sea, Taiwan Province Strait, east of Taiwan Province, bashi channel, most of the South China Sea, Beibu Gulf and Qiongzhou Strait will have a gust of 6-8 from the day of 14th to the night of 16th.

Star Speed Test Drive 2024 Mercedes-Benz EQE pure electric SUV

Star Speed Test Drive 2024 Mercedes-Benz EQE pure electric SUV

  In 2024, the Mercedes -EQE pure electric SUV was redesigned. Under the condition that the guide price of the new car remained unchanged, the 215kW 350 model was cancelled, and all the models were 500 models with a total power of 300kW, which was high at the beginning. EQE 500 4MATIC Ultimate, the top model, adds AIRMATIC air suspension system, which can automatically lift the body up to 25mm according to the road conditions. Standard 10 rear wheel steering makes the turning radius only 10.5 meters. In addition, the whole system has added velvet foot pads, 5G communication technology (free unlimited traffic for 3 years) and UWB digital keys, and carrying authorized digital devices (smart phones/smart watches) can unlock the starting vehicles.

  The 2024 modified Mercedes-Benz EQE pure electric SUV has the same appearance and interior as the 2023 model, so this time I mainly talk about its endurance performance and driving experience. This test drive is EQE pure electric SUV 500 4MATIC deluxe edition, and the route is from Tianjin downtown to Yizhuang, Beijing. 90% of the whole journey is an expressway with a speed limit of 110km/h, which is also the most challenging road condition for pure electric vehicles.

Power consumption performance

  Mercedes-Benz EQE pure electric SUV is equipped with a 96.1kWh ternary lithium battery, which has a full battery life of 609km(CLTC). Before departure, the battery capacity is 97%, and the maximum cruising range is 606km. The whole process adopts "C" comfort mode, the kinetic energy recovery is D (intelligent kinetic energy recovery), and the air conditioner is set at 22℃, carrying two people and a small amount of luggage. High-speed basically runs against the speed limit, and often accelerates to overtake the local train. The minimum power consumption is 15.9kWh/100km. After the final driving of 111km, the apparent power consumption is 18.0kWh/100km, which is similar to the official claim of 17kWh/100km by Mercedes-Benz.

  The whole journey shared 22% of the electricity and ran 111km. It is estimated that under this road condition, the full battery life can reach about 505km. For a 2.6-ton medium and large pure electric SUV, this power consumption performance is very satisfactory, which is similar to that of many other brands of medium and large cars. In addition, it will also give two remaining cruising ranges (454km and 471km). The less one is the cruising range if you drive harder, and the more one is the cruising range if you drive more smoothly. It will always learn your driving style and calculate the remaining cruising range in real time in combination with road conditions.

Smooth arched body design

  Why is it so energy-saving? Mercedes-Benz EQE pure electric SUV is developed based on EVA pure electric platform, and its electric drive efficiency is as high as 94%, making full use of every kilowatt hour. In addition, the front motor can be disconnected from the half shaft within 240 milliseconds, which makes the sliding distance longer and prolongs the total cruising range. The most important thing is that the drag coefficient of the whole vehicle is only 0.25Cd, which improves the cruising range by means of low drag design such as bow-shaped body, low drag wheel hub, closed middle net and smoother and narrower sheet metal gap.

Four kinetic energy recovery modes

  Mercedes-Benz EQE pure electric SUV has four kinetic energy recovery modes, namely D- (strong recovery), D (standard recovery), D+ (no recovery) and D auto (intelligent recovery). The most interesting thing is the intelligent kinetic energy recovery mode, which can judge the road ahead with environment-aware hardware and automatically adjust the kinetic energy recovery intensity. For example, when the accelerator pedal is released on the road ahead, it will automatically adopt the D+ sliding mode, and because the electric vehicle has no engine braking effect, the speed drops slowly and the sliding distance is very far. When the road ahead is congested, it will automatically adopt D- or D kinetic energy recovery to slow down the speed in time. If you don’t know which kinetic energy recovery mode to choose, choosing D auto is the simplest method, and its judgment is also very reliable, which not only ensures comfort, but also gives the battery some electricity.

Star Speed Test Drive 2024 Mercedes-Benz EQE pure electric SUV

  In intelligent driving assistance, Mercedes-Benz EQE pure electric SUV has L2 driving assistance, ACC adaptive cruise+lane keeping, which can greatly alleviate the fatigue of long-distance high-speed driving. At the same time, it also has the function of shifting the steering rod to change lanes. After shifting the steering rod, the vehicle can automatically change lanes and accelerate to the speed of constant speed cruise on the premise that the system judges the rear safety, which is still very convenient.

Star Speed Test Drive 2024 Mercedes-Benz EQE pure electric SUV

  Let’s talk about the driving experience again. The front and rear dual motors of Mercedes-Benz EQE pure electric SUV output a total of 300 kW/858 N m, except in E economy mode, which will limit the motor power. In C comfort mode and S sports mode, it behaves like a beast. A big guy who accelerates for 5.1 seconds in 100 kilometers can also make people’s blood boil when they get angry. And the power is from 10% to 100%, and it can be fully output.

Star Speed Test Drive 2024 Mercedes-Benz EQE pure electric SUV

  It is worth mentioning that such a large SUV does not look up and nod too obviously, whether it is in sudden acceleration or sudden braking. There are probably two reasons for this. One is that thanks to the EVA pure electric platform, the four wheels are closer to the four corners of the car body, which physically inhibits the range of raising the head and nodding; Second, Mercedes-Benz has rich experience and foundation in suspension design and excellent support. A lot of new energy vehicles have been tested before, and the SUV that accelerates for about 5 seconds has a relatively large head-up and nodding range, which will inevitably cause discomfort to passengers in the car.

Star Speed Test Drive 2024 Mercedes-Benz EQE pure electric SUV

  The suspension adjustment of Mercedes-Benz EQE pure electric SUV is relatively moderate, and it retains strong support in comfort. It is comfortable enough for home use, and you can occasionally run wild when driving by yourself. The direction is accurate, and the sense of the road is also preserved. The road information is not completely isolated, and the driver can communicate better with the vehicle. In NVH performance, there is basically no wind noise when driving at high speed, only slight tire noise but it is not disturbing. In addition, we simply tried to ride the flagship model with air springs, which made the road vibration filter more thorough and more comfortable.

Star Speed Test Drive 2024 Mercedes-Benz EQE pure electric SUV
Star Speed Test Drive 2024 Mercedes-Benz EQE pure electric SUV

  The design of Mercedes-Benz EQE pure electric SUV is still the elegant beauty that is not too ostentatious. Inherited the unique design language of EQ family, the closed front grille and the three-pronged star emblem mesh complement each other, and the dynamic EQ design language shows the beauty of freedom and easy, with optional "meteor shower" intelligent digital headlights, providing up to 2.6 million lighting pixels.

Star Speed Test Drive 2024 Mercedes-Benz EQE pure electric SUV

  The side of the vehicle adopts the "arch" body design, which brings smoother and more dynamic lines while reducing wind resistance. Its wheelbase has reached 3030mm, and its body size is 4880/2032/1679mm.

Star Speed Test Drive 2024 Mercedes-Benz EQE pure electric SUV
Star Speed Test Drive 2024 Mercedes-Benz EQE pure electric SUV

  The tail of Mercedes-Benz EQE pure electric SUV is round and full, and the taillight adopts a penetrating 3D spiral taillight with four spirals inside. It is worth mentioning that if you see five spirals, it is its big brother-Mercedes-Benz EQS pure electric SUV.

Star Speed Test Drive 2024 Mercedes-Benz EQE pure electric SUV
The flagship version uses a hyperlinked screen.

  The interior of Mercedes-Benz EQE pure electric SUV looks more like sitting in a yacht, elegant and dignified. The standard 12.8-inch central control panel integrates the latest MBUX intelligent human-computer interaction system, and adopts 8-core CPU, 24GB storage and 46.4GB memory bandwidth per second. The top model is a super-linked screen composed of three screens.

Star Speed Test Drive 2024 Mercedes-Benz EQE pure electric SUV

  MBUX adopts zero-level menu, and common functions such as air conditioning, music and navigation are all put on the interface. In addition, the physical buttons such as driving mode, vehicle setting and volume adjustment are reserved, which is more convenient to use.

Cross-country mode
Transparent chassis

  Off-road mode and transparent chassis are still very useful for an SUV. When encountering road conditions with poor vision, they will help you grasp the environment and vehicle status of the vehicle in time.

Star Speed Test Drive 2024 Mercedes-Benz EQE pure electric SUV

  Finally, I have to mention the HUD of Mercedes-Benz, which is not only large enough, but also clear enough. The most important thing is that the information displayed is quite rich. In addition, the visual distance projected by it is far enough, and the eyes will not feel tired after long-term use. If you don’t like HUD, you can turn it off by voice control. Mercedes-Benz’s "mind-reading voice assistant" can support natural semantic control, and there are many controllable vehicle settings, and the localization design is in place. In addition, Mercedes-Benz will start the largest OTA upgrade this year, and the "mind-reading voice assistant" will have stronger understanding and execution of continuous instructions, and the response speed of the second-generation MBUX intelligent human-computer interaction system will increase by 31%.

  I won’t go into details about the seat space here, please click the link below to view it:

  > > > > > The road to luxury with electricity is to test drive the Mercedes EQE SUV.

Mercedes-Benz China R&D Technology Center

  In this activity, we also visited the Mercedes-Benz China R&D Technology Center in Beijing to see how strict Mercedes-Benz EQE pure electric SUV and Mercedes-Benz’s standards for building cars are.

NVH laboratory
Expensive acoustic prosthetic head

  Mercedes-Benz EQE pure electric SUV is not only equipped with noise reduction hardware such as VSG acoustic glass and vehicle acoustic package, but also pays more attention to noise balance adjustment. In Mercedes-Benz, the noise balance of the whole vehicle is more important than simply reducing the decibel value. In addition, the annoying low-frequency noise is mainly produced by the structure of the car body and chassis, which is difficult to improve later. Mercedes-Benz has carried out full simulation verification in the early stage of vehicle development to iterate the design of body and chassis, and effectively suppress the low-frequency noise of the whole vehicle. In addition, for SUV models, a major source of low-frequency noise is the tailgate. Only by adopting higher body rigidity can low-frequency noise be avoided. The torsional rigidity of Mercedes-Benz EQE pure electric SUV is 45,800 nm/.

Sunlight simulator

  Mercedes-Benz is the first automobile brand in China to introduce sunshine simulator, which restores the real use environment of customers at any cost and creates a cockpit travel experience that meets Mercedes-Benz comfort and energy efficiency standards. The sunlight simulator can simulate the high temperature of 50℃ in Turpan, the sunshine of 16 hours a day like Altay, and the relative humidity of 95%, so that the temperature inside the car can reach 70℃ at the highest. Through the high-strength test of sunlight simulator, the air conditioning comfort, air conditioning energy efficiency and heat insulation performance of sunroof and windshield of EQE pure electric SUV can be accurately evaluated.

Electric drive laboratory

  It is here that the official cruising range of Mercedes-Benz electric vehicles is measured. It is worth mentioning that Mercedes-Benz also has strict standards for the electromagnetic radiation of electric vehicles that are highly concerned by users. Every component of Sandian has to pass the EMC test of the same standard, and the test standard of Mercedes-Benz is higher than the national standard.

Chassis lateral impact test bench

  Based on the accumulation of more than 130 years, Mercedes-Benz summed up the "Mercedes-Benz Driving Character", which is a set of chassis systematic standards, covering five dimensions of driving comfort, safety, driving confidence, sportiness and accuracy, and can quantify human subjective perception into more than 130 objective KPI data, and measure it through 40 sensors covering more than 100 directions. Mercedes-Benz suspension will not blindly seek softness, simple softness will lose the sense of road, which will make passengers’ senses mismatch, which will easily lead to motion sickness; For different road incentives, the secret of driving comfort is to be soft when soft and hard when hard. This is why the suspension adjustment of Mercedes-Benz EQE pure electric SUV is relatively moderate from the actual driving experience, and it retains certain support while being comfortable.

Star Speed Test Drive 2024 Mercedes-Benz EQE pure electric SUV

  In April 2021, EQS, the first model based on Mercedes-Benz EVA pure electric platform, was officially released. In more than three years, based on this platform, Mercedes-Benz has launched a number of pure electric vehicles such as EQE, EQE pure electric SUV and EQS pure electric SUV. More than that, with the arrival of MMA pure electric platform, Mercedes-Benz pure electric vehicles will also be more competitive. At the 2024 annual meeting of China Development Forum held on March 24 this year, Ola K?llenius, Chairman of the Board of Directors of Mercedes-Benz Group Co., Ltd. said: Mercedes-Benz will firmly transform into an electric vehicle. Mercedes-Benz Modular Architecture (MMA) platform will be launched, marking the next step towards the electric future. Beijing Benz will launch vehicles based on MMA platform, including the long wheelbase version for China market. In addition, platforms such as MB.EA, AMG.EA and VAN.EA will be launched later, and each model of Mercedes-Benz in the future will bring corresponding pure electric product choices to customers.

  Electric switch, pure electricity is still running.

Remodeling the new pattern of "asking for zero", zero running has become the third new force to break 30 thousand cars a month.

Zero Run became the third new car-making force with a monthly delivery of 30,000 vehicles, and sold more than two Tucki in August.

On September 1st, the latest delivery data was released by Zero Car. In August 2024, it delivered 30,305 vehicles, with a year-on-year increase of over 113% and a quarter-on-quarter increase of over 37%. Among them, the family delivery of zero-run SUV accounts for over 72%, and the delivery of zero-run C16 exceeds 8,000 vehicles.

The monthly delivery volume went from the first 20,000 vehicles to the first 30,000 vehicles, and it took less than three months to run at zero speed, which quickly became the third new force to sell 30,000 vehicles a month. According to market analysis, the zero-run car is known as the "hexagonal warrior" in the price range of 150,000-200,000 yuan with its excellent comprehensive performance. In August, the delivery volume exceeded 30,000 units, which not only proved its market position, but also made the concept of "choosing a car to see zero running, with reference value" deeply rooted in people’s hearts and became the preferred brand in consumers’ minds.

Behind the continuous breakthrough in sales volume is the strategy of adhering to global self-research in zero-run technology, focusing on high product-price ratio in products, and joining hands with Stellantis in internationalization to "go out to sea in the opposite direction", forming a set of pragmatic and accurate play.

From January to August this year, the cumulative sales volume of zero-running exceeded 133,000 units. In contrast, the sales volume of Zero Run last year was 144,100 units. The cumulative sales in the first eight months of 2024 are close to the total sales in 2023. The position of zero-run cars in the popular new energy vehicle market is becoming more and more stable.

Adhere to global self-research and gain momentum for the next stage of intelligence.

The competition in the auto market is becoming increasingly fierce. Compared with other auto companies, which blindly focus on price and volume flow, Zero Run has turned its attention to user value and insisted on the return of cars as the essence of durable consumer goods and daily means of transportation.

In the view of Zhu Jiangming, the founder, chairman and CEO of Zero Run Automobile, the final automobile must be a durable consumer product and a means of transportation. It may be more advantageous to use cars as a means of transportation to do this industry. "Our brand positioning is to provide users with higher configuration, better quality, good and inexpensive products. No matter how tempting it is, how high the gross profit is or how big the space is, Zero Run will always insist on taking cars as mass consumer goods."

Adhering to the above strategy, we have created explosive products such as C01 and C11 by zero-run, which continue to sell well in various segments. In June this year, Zero Run launched the C16 flagship model based on LEAP 3.0 architecture. Cleverly combining the people-friendly price with the high-end configuration, the C16 will definitely exceed 10,000 vehicles in the first month of listing, which is a hot seller and is expected to become a weapon for further sales growth in the second half of the year.

Zero run C16. Figure/provided by the enterprise

While pursuing the ultimate price-to-price ratio, maximizing the benefits to consumers is the confidence brought by zero-run adherence to global self-research.

Since its inception, Zero Run has adhered to global self-research, and the core components that account for more than 60% of the vehicle cost are self-developed; In the field of intelligent driving, zero-running is from chip to sensing hardware, from domain control to algorithm self-research, realizing intelligent navigation based on China’s characteristic road conditions and driving habits. In 2023, the mass production of the central integrated electronic and electrical architecture with zero running and four domains in one realized the integration of cockpit and intelligent driving function of an 8295 chip.

Zero-running "four-leaf clover" central integrated electronic and electrical architecture. Figure/provided by the enterprise

With years of technical accumulation, with the continuous improvement of scale and efficiency of vehicle manufacturing, the advantage of zero-running manufacturing cost can be released to a greater extent, and the overall profit level can be improved.

In the first half of this year, Zero Run achieved an operating income of 8.85 billion yuan, up 52.2% year-on-year, and the growth rate was in the forefront of the new forces. In terms of gross profit margin, thanks to the scale effect brought by the increase in sales volume and continuous cost control, the zero-run gross profit margin in the first half of 2024 increased by 7 percentage points year-on-year, a substantial improvement. R&D expenses increased by 48% year-on-year to 1.22 billion yuan, which is ready for the next stage.

Zero Run said that this year, the relevant departments of the intelligent team will be integrated and upgraded to the Intelligent Technology Research Institute. It is planned to launch a higher-level intelligent driving and further function optimization in the second half of 2024, including the ability to open roads to point-to-point commuting and memory parking in parking lots. It is also planned to launch the urban intelligent driving function (CNAP) based on the end-to-end intelligent driving model in 2025 to continuously provide customers with a safe and comfortable high-level intelligent driving experience.

With "technology for market", the process of globalization is accelerated.

Standing at a new starting point of monthly sales of 30,000 vehicles, aiming overseas is another key point of zero running.

In October last year, Stellantis Group and Zero Run Automobile jointly announced a global strategic partnership; In May this year, Zero Run International, a joint venture between the two parties, was formally established, becoming the first reverse joint venture company in China automobile industry.

According to the cooperation agreement, the joint venture company has the exclusive right to export and sell zero-run cars to other markets outside Greater China and the exclusive right to manufacture zero-run cars locally.

Compared with other car companies’ mode of going to sea, the zero-run car has chosen a more secure, fast and efficient "light assets" mode. In this model, Zero Run, which plays the role of brand and product output, will promote globalization at the fastest speed with the help of the commercial resources of Stellantis global sales network and after-sales service system.

That is, in the market without tariff restrictions, zero-run cars will be exported directly; In the limited market, Stellantis Group will help zero-run cars to achieve local production, that is, zero-run cars export auto parts, and Stellantis Group will be responsible for assembly and production.

Compared with the joint venture era of "exchanging market for technology" of China automobile enterprises in the past, this cooperation mode has opened a new joint venture era of "exchanging technology for market". The status and influence of China’s new car-making enterprises in the global automobile industry are constantly improving, and China’s automobile industry is changing from "bringing in" to "going out".

Zero-run C10 and T03 electric vehicles are in Shanghai Port. Figure/provided by the enterprise

On July 30th, the first batch of zero-run C10 and T03 electric vehicles were sent from Shanghai Port to Europe. This is only 10 weeks after the establishment of the joint venture company.

As an important place of automobile industry, Europe has always been regarded as a high potential market for the export of new energy vehicles, which helps to enhance the brand image. It is of special significance to cooperate with Stellantis Group to lay out the European market in the current more complicated and changeable automobile sea environment.

According to the plan, Zero Run International will also launch zero run cars in nine European markets in September this year, and plans to expand a total of 200 sales outlets including Stellantis & You network before the end of the year; March into Asia-Pacific, Middle East, Africa and South America in the fourth quarter; The first product B10 of the new platform will be unveiled at the Paris Motor Show.

Under the innovative mode, the joint venture and cooperation between Zero Run and Stellantis Group is rapidly advancing in an efficient way. In the industry’s view, Zero Run has built a brand-new and unique development model of the industry, that is, relying on the China market, expanding new business growth points, and achieving breakthroughs in overseas vehicle sales and outsourcing of core components of Sanpower.


Commitment to increase holdings, reflecting the car-making long-term doctrine.

"We hope that enterprises can go further, instead of making money and cashing in for a while. This is not my original intention, but building enterprises into global car companies." When talking about why we don’t reduce or transfer the shares of Zero Run Auto, Zhu Jiangming, founder, chairman and CEO of Zero Run Auto, once said.

On the evening of August 26th, Zero Run announced that Zhu Jiangming and Fu Liquan, a concerted action person, planned to increase their holdings of H shares in the company within the next six months, with an increase of no more than RMB 300 million. On August 30th, according to reliable information, Zhu Jiangming and Fu Liquan, a concerted action person, had increased their holdings of 5,068,500 shares by the last trading day, amounting to about HK$ 102 million.

According to industry analysts, corporate executives and shareholders holding more shares in their own companies usually mean that they are optimistic about the future development of the company, and also send a signal to the market that the management believes that the value of the company is undervalued by the market, thus supporting the company’s share price through practical actions.

Zero-run all models. Figure/provided by the enterprise

Such a large amount of firm holdings of stocks also shows the confidence and commitment of the founders and major shareholders to the long-term development of zero-run cars.

On November 1, last year, Zero Run Automobile announced on the Hong Kong Stock Exchange that Zhu Jiangming, his spouses Liu Yunzhen, Fu Liquan and his spouse Chen Ailing voluntarily promised not to transfer or reduce their shares in the company in any way in the next 10 years from the date of this announcement.

Judging from the time limit, it is common for shareholders of listed companies not to reduce their holdings at present. The commitment period is mostly from 6 months to 1 year, but there are not many cases in which the commitment period is as long as 10 years. The voluntary increase in holdings of retail shareholders will not only enhance the sustained and stable development of the company, but also further boost investor confidence and jointly invest in medium and long-term value with the actual controllers.

Zhu Jiangming proved his long-term commitment to the car-making industry with practical actions.

After the news of overweight was released, the share price of Zero Run Auto opened higher on August 27th, with the highest intraday increase exceeding 6%. According to industry insiders, as a "hexagonal warrior" focusing on the mid-end market, the market positioning of zero-running cars is accurate and the subsequent growth potential is huge. For investors, the steady development and broad market prospects of zero-run cars are undoubtedly an investment target worthy of attention.

It is foreseeable that with the continuous improvement of the zero-run product matrix and the increasing confidence in the investment market, its performance will be promoted to a new level.

Text/Liu Chang Editor Wang Jinyu Proofread Lin Zhao 

Poster preview of the double-issue animated film "finless porpoise dancing in the wind"


1905 movie network news On November 7th, the first beautiful animated film "Dancing in the Wind of the finless porpoise" focusing on the ecology of the Yangtze River was officially scheduled for January 20th, 2024. The film tells the mysterious story of the Yangtze River and depicts the love and hate between the finless porpoise and human beings. Since the birth of the finless porpoises in ancient times, they have been guarding the people of the Yangtze River with the "wind dance". However, the ecological deterioration of the modern Yangtze River has led to the extinction of the finless porpoises. Jiang Ling, the fairy of the finless porpoise, was unwilling to die. She broke into the world to find a way to save her people, but she ran into Lin Sheng, a human boy, and restarted a 600-year-old fetter … …

It is reported that the finless porpoise dancing in the wind is the opening work of the IP trilogy series of the same name. Fantasy settings and fresh people in the film will be presented on the big screen through China’s top animation production technology, which will lead the audience to feel the lovely agility of the finless porpoise and experience the magnificent and moving oriental mythology.


The unique mythological theme made its debut, showing the strength of women and rejuvenating the country.


The release of the "Rivers Meet the World" version of the poster is bright and beautiful, using the Tang Dynasty rock painting techniques, reflecting a unique new national style temperament. The choppy waterspout separates the hero and heroine, while the heroine, Jiang Ling, tries her best to go far away, although she is about to disappear, which makes people admire her feminine strength. At the bottom of the picture, the cute finless porpoise swims in the middle of the river, and has gained a lot of hot discussions. The praise of "hakimi on the Yangtze River" and "Tonton is too high" has made the audience full of expectations.

As can also be seen from the poster, the film "Dancing in the Wind of the finless porpoise" is an oriental fantasy film with finless porpoises as the mainstay. The film is bold and innovative, content-oriented, depicting a myth that has been circulated for more than 600 years but is still a "niche", and is the first to create the "finless porpoise element".

Not only that, the heroine of the film, Jiang Ling, came to the world alone, shouldering the great responsibility of saving her people and dying to protect the safety of people. The narrative of the heroine adds a sense of destiny to this film, and combined with the ultimate oriental aesthetic lens, it makes people call it cool and abusive, which can be called the 2024 grand system!


Animalistic national style animation shows reappearance, finless porpoises chase the waves and see the clear water and green mountains.


The trailer "I want to travel with you" was also exposed at the same time. In the film, lines such as "The finless porpoise can’t bear to part with the Yangtze River, this is our home" made people instantly feel the same way with the finless porpoise family and deeply felt the difficulty of the finless porpoise’s survival. The finless porpoise is a rarer animal than the giant panda. Protecting the finless porpoise is to protect the home of human life. By telling a fairy tale full of imagination and creativity, the film guides the audience to pay attention to the plight of finless porpoises and opens the way for the finless porpoises to regain their lives!


Inspired by the painting style of ancient murals, the film is designed to be romantic and beautiful, showing the vitality of finless porpoises chasing waves and outlining the innocence and liveliness of smiling angels. The team spent five years, carefully creating the animation style of national style, showing the artistic conception of Shi Zhongshan breezes and waves, water and stone fighting in Su Shi’s poems. The Fairy Temple, Xieshan Wishing, Lushan Vision, Poyang Lake and other movie pictures are also beautiful and moving, full of details, which can be described as a visual feast.


Dancing in the Wind of the finless porpoise is a film full of creativity and passion. It not only shows the charm of the finless porpoise, but also visualizes the myths and legends, combines the traditional culture of China with modern elements, focuses on the current ecological environment of the Yangtze River, and creates an animated film with unique oriental aesthetics!

The finless porpoise dancing in the wind will be released on January 20, 2024.


Movie Guide | Jackie Chan and Jason Wu are in the same box for the first time, and 42 new films hit in April!

Special feature of 1905 film network The most beautiful April day on earth is coming soon.


China’s mainland market in April was also full of spring. According to statistics, as of March 30th, there were 42 new films in the mainland film market. Among them, 31 new domestic films, mainly live-action movies; There are 11 imported films, most of which are animated films, with the number reaching 7.

In the new domestic films, many heavyweight works are adapted according to real events. In terms of imported films, animated films adapted from classic IP have a high market popularity.


Which films are worthy of attention, this movie guide will be carefully interpreted for you.


Domestic new films: mainly live-action movies.


Journey to the West

Release date: April 1st.

Director:

Starring:,,


Undoubtedly, it is one of the domestic films that have attracted much attention from the market before and after the Qingming file.


The film tells the story of Tang Zhijun, the editor-in-chief of science fiction magazine, who is near middle age, strayed into a ridiculous journey to find extraterrestrial civilization because of a difficult problem that puzzled him all his life.


According to the film producer, the story was inspired by a silicone "alien" report of Shandong Satellite TV. This film is also Kong Dashan’s feature film debut. At present, the film Douban scores 8.7.


At the premiere of the film, the director commented that the film was a "surprising folk science fiction film and an outstanding directorial debut". The director described the film as "a science fiction film with China characteristics". The second brush of the film is "still in tears" after reading it frankly.



Dragon and Horse Spirit

Release date: April 7

Director: Yang Zi

Starring:,,


On the occasion of 60 years of filming, Jackie Chan played a dragon and tiger martial artist in China. The phrase "Life will grow old, but movies won’t" on the movie poster is also my brother’s affectionate confession to the film industry.


In the film, Jackie Chan plays Lao Luo, a down-and-out dragon and tiger warrior, and makes his way to the set with the love horse red rabbit. In the play, they are family members who accompany each other, and they are each other’s best partners outside the play. This is also the origin of the title "Dragon and Horse Spirit".


In order not to delay the filming progress, Jackie Chan postponed the scheduled knee surgery and entered the group with nine stitches. His professionalism is admirable. It is worth mentioning that there are also wonderful performances in this film. This is also the first time that the two have been in the same frame in a big-screen work.


Love is delicious

Release date: April 15th.

Director:,

Starring:,,


Created by the original crew of the drama version. Whether the film version can reproduce the high reputation of the drama version remains to be tested.


The film tells the story of Liu Jing, a food blogger, Fang Xin, a divorced anchor, and Xia Meng, a strong woman in the workplace, who encouraged each other, supported each other and grew up together after a series of troubles in love, career and family.


King of the sky

Release date: April 28th.

Director:

Starring:,,


The sense of security of thousands of lights can not be separated from the great powers with blue sky flapping their wings, and it can not be separated from the continuous efforts of aviation people such as test pilots from generation to generation.


It’s a film directed by Liu Xiaoshi, written by Gui Guan and Liu Xiaoshi, starring YiBo, Hu Jun and Yu Shi, and especially starring Zhou Dongyu. The film tells the story that Lei Yu and other outstanding pilots have become a new generation of aircraft test pilots in China after rigorous examination and selection.


At present, the total number of people who want to see the film on the two major online ticketing platforms has exceeded 1.15 million.


Unfamiliar road to life

Release date: April 28th.

Director:

Starring:,,


This is a road comedy, and the starring team is mostly the head actors of domestic comedy movies. The "complaining species" family on the journey will bring you a story of how to be ridiculous and look forward to it.


Out of Fire

Release date: April 28th.

Director:

Starring:,,


According to the true story, the fire fighters who focus on the disaster and go in the opposite direction.


In order to restore the most authentic rescue scene, the crew invested more than 300 people and spent more than a month 1:1 building key scenes such as the core explosion zone, Panshan tunnel and chemical park. Peng Shun once directed China’s first fire-fighting film.



As for directing movies with this theme again, he said, "The level of fire rescue today is simply advancing by leaps and bounds compared with before, and movies with this theme will definitely arouse the public’s interest."


Nightlife in Changsha

Release date: April 28th.

Director:

Starring:,,


This is a film with a lot of "Xiang", and many of its creators, such as the director and starring actor, are fellow villagers from Hunan. From the unique perspective of urban youth, the film tells the story of the encounter and reconciliation of several young people with different fates in Changsha at night.



The film is also the first cinema film debut of well-known screenwriter Zhang Ji. From screenwriter to director, what kind of answer sheet can Zhang Ji hand over? Word of mouth and box office will give the answer.


Prosecutorial wind and cloud

Release date: April 29th.

Director:

Starring:


As the night watchman of the law, prosecutors are always in the forefront of the confrontation between darkness and light. Based on a real case, the film mainly tells the story of how prosecutors act in the fight against evil.


This film is also the first film about criminal trial from the perspective of China prosecutors. Its original screenwriter is Tsinghua University LLM, third-class senior prosecutor and national excellent prosecutor.


Siu Fai Mak, the film director, said that this film is in line with China’s national conditions, and a large number of real litigation plots are adopted. With the help of professional scripts, it will definitely add icing on the cake to China’s procuratorial film.


In addition, domestic romantic films such as, etc. are also worthy of attention.


Imported new films: most of them are animated films


(repair version)

Release date: April 4th.

Director:

Dubbing:,


This film is the sixth film in the series. The film is based on London in the 19th century, which is reproduced by virtual reality technology, and tells the story of Conan’s brain war with out-of-control artificial intelligence.



At present, the total pre-sale of this film in the mainland film market has exceeded one million mark. The film discusses the relationship and influence between virtual reality and reality, and the profound themes such as the significance and value of human existence.


At present, the film Douban scored 8.8 points, and the total number of people who want to see the two major ticketing platforms is nearly 300,000.


The Super Mario Bros. Movie

Release date: April 5.

Directed by Aaron Viktor Horvath and Michael Jay Lenique.

Dubbing:


The game of the same name has accompanied many people to grow up, and the game elements such as plumber brothers and mushrooms are unforgettable. The film tells the story of Mario, a plumber, and Luigi, his younger brother, trying to solve the underground maze and rescue Princess Bridget.



What is the gold content of this wave of childhood memories? We still need to speak with the content. When interviewed by foreign media, Mario’s voice actor said that there were eggs at the end of the film. Perhaps, the film will also have a sequel production plan.


(Replay)

Release date: April 3.

Director:

Starring:


It is worth mentioning that the classic romantic film Titanic, which premiered in mainland China in 1998, will be shown again after the 25th anniversary. This will also give many people who have never seen this film on the big screen a chance to make up their tickets.

In addition, the movie version of "Slam Dunk Master" returns, and it will set off a wave of "Ye Qing Hui" memories. The live-action movies imported in April also have a certain degree of market attention.


In this April film list, which one do you want to pull weeds most?


Liangpin Puzi Co., Ltd.

Log in to Sina Finance APP and search for [letter cover] to see more evaluation levels.

The voting result of this proposal: [3] votes in favor, [0] votes against and [0] abstentions, and the proposal was passed.

For details of this proposal, please refer to the "published by the company in the designated information disclosure media on April 26, 2024"2023 Annual Internal Control Evaluation Report of Limited by Share Ltd..

Proposal 6: Proposal on Re-appointing the Company’s Financial Audit Institution and Internal Control Audit Institution in 2024.

The Board of Supervisors believes that PricewaterhouseCoopers Zhongtian Certified Public Accountants (special general partnership) is the accounting firm for the company’s financial audit and internal control audit in 2023, and has the qualification to engage in securities-related business. It has many years of experience and ability in auditing listed companies. It has completed the audit work for the company in 2023 and is competent for the company’s audit work in 2024. It is agreed to re-appoint him as the company’s financial audit institution and internal control audit institution in 2024, with an audit fee of RMB 3 million (including internal control audit fee of RMB 500,000), turnover tax and various additional taxes and fees included in the invoice.

The voting result of this proposal: [3] votes in favor, [0] votes against and [0] abstentions, and the proposal was passed.

This proposal still needs to be submitted to the shareholders’ meeting for deliberation.

For details of this proposal, please refer to the Announcement on Renewing the Appointment of Certified Public Accountants by Liangpin Shop Co., Ltd. (AnnouncementNo.: 2024-009) disclosed by the company in the designated information disclosure media on April 26, 2024.

Proposal 7: Proposal on the Company and its holding subsidiaries applying for comprehensive credit lines from financial institutions in 2024, providing corresponding guarantees and authorizing the management to handle them.

The Board of Supervisors believes that the expected credit application and guarantee in 2024 are based on the actual situation of the company, and the efficiency of authorizing the management to handle the financing and guarantee procedures can be guaranteed, which meets the needs of the company’s development, and the review procedures are in line with laws, regulations and the Articles of Association, and there is no harm to the interests of the company and other shareholders.

The voting result of this proposal: [3] votes in favor, [0] votes against and [0] abstentions, and the proposal was passed.

This proposal still needs to be submitted to the shareholders’ meeting for deliberation.

For details of this proposal, please refer to the Announcement of Liangpin Shop Co., Ltd. on the Company and its holding subsidiaries applying for comprehensive credit lines from financial institutions in 2024 and making estimated guarantees (AnnouncementNo.: 2024-010) disclosed by the company in the designated information disclosure media on April 26, 2024.

Proposal 8: Proposal on the Company’s Special Report on Deposit and Actual Use of Raised Funds in 2023.

The Board of Supervisors believes that the contents of the Company’s Special Report on the Deposit and Actual Use of Raised Funds in 2023 are true, accurate and complete, and there are no false records, misleading statements and major omissions, which truly and objectively reflect the deposit and actual use of raised funds of the Company in 2023, in line with the relevant regulations of China Securities Regulatory Commission and Shanghai Stock Exchange on the deposit and use of raised funds of listed companies, and there is no illegal use of raised funds. The review procedures are in compliance with laws, regulations and the Company’s.

The voting result of this proposal: [3] votes in favor, [0] votes against and [0] abstentions, and the proposal was passed.

For details of this proposal, please refer to the Special Report on Deposit and Actual Use of Funds Raised by Liangpin Shop Co., Ltd. in 2023, which was disclosed by the company in the designated information disclosure media on April 26, 2024.

Proposal 9: Proposal on the Company’s Special Report on the Occupation of Funds by Controlling Shareholders and Other Related Parties in 2023.

The Board of Supervisors believes that the Company’s Special Report on the Occupation of Funds by Controlling Shareholders and Other Related Parties in 2023 is consistent with the objective situation, and there is no occupation of non-operating funds by controlling shareholders and other related parties in 2023.

The voting result of this proposal: [3] votes in favor, [0] votes against and [0] abstentions, and the proposal was passed.

For details of this proposal, please refer to the Special Report on the Occupation of Funds by Controlling Shareholders and Other Related Parties of Liangpin Shop Co., Ltd. in 2023 disclosed by the company in the designated information disclosure media on April 26, 2024.

Proposal 10: Proposal on using some idle self-owned funds for cash management and authorizing managers to make investment decisions and organize their implementation.

The Board of Supervisors believes that under the premise of ensuring the safety of funds and the operating capital requirements of the company and its holding subsidiaries, using some of its own funds for cash management is conducive to improving the efficiency of capital utilization and increasing the company’s investment income. There is no violation of the relevant provisions of the Listing Rules of Shanghai Stock Exchange, which will not adversely affect the company’s business activities, and there is no harm to the interests of the company and all shareholders, especially minority shareholders. The review procedure is legal and compliant. Therefore, the Board of Supervisors agreed to the proposal.

Voting result: [3] votes in favor, [0] votes against and [0] abstentions, and the proposal was passed.

This proposal still needs to be submitted to the shareholders’ meeting for deliberation.

For details of this proposal, please refer to the Announcement of Liangpin Shop Co., Ltd. on Using Part of Idle Self-owned Funds for Cash Management (AnnouncementNo.: 2024-011) disclosed by the company in the designated information disclosure media on April 26, 2024.

Proposal 11: Proposal on the First Quarter Report of 2024.

The Board of Supervisors believes that the content and format of the report for the first quarter of 2024 are in line with the regulations of China Securities Regulatory Commission and Shanghai Stock Exchange, and the preparation and review procedures of the report are in line with laws, regulations, departmental rules, other normative documents, the Articles of Association and the internal management system of the company, which truly reflects the operating results and financial status of the company in the first quarter of 2024 in all aspects. The Board of Supervisors did not find that the personnel involved in the preparation and review of the report for the first quarter of 2024 violated the confidentiality provisions.

The voting result of this proposal: [3] votes in favor, [0] votes against and [0] abstentions, and the proposal was passed.

For details of this proposal, please refer to the First Quarter Report of Liangpin Shop Co., Ltd. in 2024 disclosed by the company in the designated information disclosure media on April 26, 2024.

Proposal 12: Proposal on terminating the implementation of the 2023 employee stock ownership plan.

The Board of Supervisors believes that the relevant procedures for terminating the implementation of the 2023 employee stock ownership plan are in compliance with relevant laws, regulations and normative documents, and there is no harm to the interests of the company and all shareholders, which will not have a significant impact on the company’s operating performance and financial status, nor will it affect the diligence and diligence of the company’s outstanding management talents and business backbones.

Voting results: [1] votes in favor, [0] votes against, [0] abstentions, and related supervisors Ma Teng and Wan Zhang Nan abstained from voting.

The number of non-associated supervisors in this proposal is less than half of the number of supervisors, and the board of supervisors cannot form a resolution. This proposal will be submitted directly to the shareholders’ meeting of the company for consideration.

For details of this proposal, please refer to the Announcement of Liangpin Shop Co., Ltd. on Termination of the Implementation of the 2023 Employee Stock Ownership Plan (AnnouncementNo.: 2024-013) disclosed by the company in the designated information disclosure media on April 26, 2024.

It is hereby announced.

Board of supervisors of Liangpin Puzi Co., Ltd.

April 26, 2024

Securities Code: 603719 Securities Abbreviation: Liangpin Shop AnnouncementNo.: 2024-011

Liangpin Puzi Co., Ltd.

Announcement on the use of some idle self-owned funds for cash management

The board of directors and all directors of the Company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal responsibilities for the authenticity, accuracy and completeness of its contents.

Important content tips:

● Entrusted financial management trustee: banks and other financial institutions.

● Amount of entrusted financial management: Liangpin Shop Co., Ltd. (hereinafter referred to as "the company") and its holding subsidiaries intend to use idle self-owned funds not exceeding RMB 1 billion for cash management.

● Name of entrusted wealth management products: wealth management products or deposit products issued by banks and other financial institutions with high security and good liquidity, and the longest term of a single product does not exceed 12 months.

● Term of entrusted financial management: it is valid for 12 months from the date of deliberation and approval by the company’s shareholders’ meeting, and the funds can be used in a rolling way within the approved amount and validity period.

● Review procedures: The company held the second meeting of the third board of directors and the second meeting of the third board of supervisors on April 24, 2024, and respectively reviewed and passed the Proposal on Using Part of Idle Self-owned Funds for Cash Management and Authorizing Managers to Make Investment Decisions and Organize Their Implementation. It agreed that the company and its holding subsidiaries should use idle self-owned funds of no more than RMB 1 billion for cash management, and authorized managers to make investment decisions and organize their implementation. The matter still needs to be submitted to the shareholders’ meeting for consideration.

I. Overview of this entrusted financial management

(1) Purpose of entrusted financial management

In order to improve the efficiency of the use of funds and make full use of idle self-owned funds, the company and its holding subsidiaries intend to use some idle self-owned funds for cash management without affecting the normal operation of the company and its holding subsidiaries and the safety of capital principal.

(II) Sources of funds

The source of funds is the company’s idle own funds.

(C) varieties of cash management

The company will strictly control risks in accordance with relevant regulations, and invest in wealth management products or deposit products of banks, securities companies, insurance companies or other financial institutions with high security and good liquidity and the longest term of a single product not exceeding 12 months.

(4) Cash management quota and investment period

The company and its holding subsidiaries intend to use idle self-owned funds of no more than RMB 1 billion for cash management, which will be effective within 12 months from the date of deliberation and approval by the company’s shareholders’ meeting. Within the above quota and validity period, the funds can be used in a rolling way.

(V) Mode of investment

The counterparties of the cash management products to be purchased by the company and its holding subsidiaries are banks and other financial institutions, and the risks will be strictly controlled according to the credit status of the trustee. There shall be no relationship between the company and the trustee.

Second, investment risk analysis and risk control measures

When the company and its holding subsidiaries use idle self-owned funds for cash management, they choose to invest in wealth management products or deposit products issued by banks and other financial institutions with high security and good liquidity, and the maximum term of a single product is not more than 12 months. The risk is controllable, but the financial market is greatly affected by the macro economy, and it is not excluded that the investment is affected by market fluctuations. The Company adopts the following internal control measures for risks related to entrusted financial management:

1. Abide by the principle of prudent investment, strictly screen issuers, and choose issuers with good reputation and strong capital security.

2. According to the progress of self-funded investment projects, conduct risk assessment on the safety, duration and income of products, select appropriate investment products, and implement them after being approved by the head of the company’s fund management department.

3. The fund management department of the company establishes a ledger of wealth management products, analyzes and tracks the changes in the net value of the products and the safety status in time. If there are risk factors that may affect the safety of the company’s funds, it will take effective measures in time to avoid risks and reduce the company’s losses.

4. The independent directors and the board of supervisors of the company have the right to supervise and inspect the use of funds, and may hire professional institutions to conduct special audits when necessary.

Third, the impact on the company

The company and its holding subsidiaries use part of idle self-owned funds to purchase wealth management products or deposit products with high security and good liquidity, and the term of a single product does not exceed 12 months at the longest. It is implemented on the premise of ensuring the daily operation capital demand and capital safety, and it will not affect the normal turnover needs of the company’s daily funds and the normal development of the company’s main business, which is conducive to improving the efficiency of capital use, increasing the company’s income and maximizing the interests of shareholders.

According to the new guidelines for financial instruments, the company will include the purchased wealth management products in "transactional financial assets", "other current assets" or "monetary funds" according to the specific contents of the product agreement; The wealth management income listed in "trading financial assets" and "other current assets" is included in "investment income", and the wealth management income listed in "monetary funds" is included in "interest income". Specific to the accounting firm’s annual audit results shall prevail.

IV. Implementation of decision-making procedures and opinions of the Board of Supervisors

(1) Board of Directors

On April 24, 2024, the company held the second meeting of the third board of directors, deliberated and passed the Proposal on Using Part of Idle Self-owned Funds for Cash Management and Authorizing Managers to Make Investment Decisions and Organize Their Implementation, and agreed that the company and its holding subsidiaries should use idle self-owned funds of no more than RMB 1 billion for cash management, and investment banks and other financial institutions should issue wealth management products or deposit products with high security and good liquidity, and the term of a single product should not exceed 12 months, and authorized the managers to make investment decisions.

(II) Board of Supervisors

On April 24, 2024, the company held the second meeting of the third Board of Supervisors, and reviewed and approved the Proposal on Using Part of Idle Self-owned Funds for Cash Management and Authorizing Managers to Make Investment Decisions and Organize Their Implementation.

The Board of Supervisors believes that under the premise of ensuring the safety of funds and the operating capital requirements of the company and its holding subsidiaries, using some of its own funds for cash management is conducive to improving the efficiency of capital utilization and increasing the company’s investment income. There is no violation of the relevant provisions of the Listing Rules of Shanghai Stock Exchange, which will not adversely affect the company’s business activities, and there is no harm to the interests of the company and all shareholders, especially minority shareholders. The review procedure is legal and compliant. Therefore, the Board of Supervisors agreed to the proposal.

It is hereby announced.

Board of Directors of Liangpin Puzi Co., Ltd.

April 26, 2024

Securities Code: 603719 Securities Abbreviation: Liangpin Shop AnnouncementNo.: 2024-015

Liangpin Puzi Co., Ltd.

Announcement of main operating data in the first quarter of 2024

The board of directors and all directors of the Company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal responsibilities for the authenticity, accuracy and completeness of its contents.

According to the relevant requirements of Shanghai Stock Exchange’s Self-regulatory Guidelines for Listed Companies No.3 Industry Information Disclosure: No.4-Retail, Liangpin Shop Co., Ltd. (hereinafter referred to as "the Company") now discloses the changes and main operating data of its stores in the first quarter of 2024 as follows:

I. Changes of stores during the reporting period

See attached table 1 for details.

II. Information on the stores that have signed contracts to be opened during the reporting period.

III. Main operating data at the end of the reporting period

(1) Classification by business format

(2) Information by region

It is hereby announced.

Board of Directors of Liangpin Puzi Co., Ltd.

April 26, 2024

Schedule 1

Note 1: The opening and closing period in the above table is the first quarter of 2024.

Securities Code: 603719 Securities Abbreviation: Liangpin Shop AnnouncementNo.: 2024-012

Liangpin Puzi Co., Ltd.

Announcement on Amending the Articles of Association

The board of directors and all directors of the Company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal responsibilities for the authenticity, accuracy and completeness of its contents.

Liangpin Shop Co., Ltd. (hereinafter referred to as "the Company") held the second meeting of the third board of directors on April 24, 2024, and deliberated and passed the Proposal on Amending the Articles of Association of Liangpin Shop Co., Ltd.. According to the Company Law, Securities Law, Guidelines for Articles of Association of Listed Companies, Shanghai Stock Exchange Listing Rules, Measures for the Administration of Independent Directors of Listed Companies, Shanghai Stock Exchange Self-regulatory Guidelines No.1-Standardized Operation of Listed Companies, Regulatory Guidelines No.3-Cash Dividends of Listed Companies and other relevant laws, regulations and normative documents, combined with the actual situation of the company, it is proposed to amend and improve some provisions of the current Articles of Association. The specific amendments are as follows:

Except for the above amendments, other articles of the Articles of Association remain unchanged.

At the same time, the board of directors of the company requested the general meeting of shareholders to authorize the board of directors and its sub-authorized persons to handle the industrial and commercial filing procedures related to this amendment of the Articles of Association. The above amendments involve the addition and deletion of clauses, and the serial numbers of the original clauses in the Articles of Association of the Company are adjusted accordingly, and the serial numbers of clauses that refer to other clauses are also adjusted synchronously.

For the revised Articles of Association, please refer to the Articles of Association of Liangpin Shop Co., Ltd. (revised in April 2024) published in the designated information disclosure media on the same day.

The above matters still need to be submitted to the company’s shareholders’ meeting for approval.

It is hereby announced.

Board of Directors of Liangpin Puzi Co., Ltd.

April 26, 2024

Securities Code: 603719 Securities Abbreviation: Liangpin Shop AnnouncementNo.: 2024-013

Liangpin Puzi Co., Ltd.

Announcement on terminating the implementation of the 2023 employee stock ownership plan

The board of directors and all directors of the Company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal responsibilities for the authenticity, accuracy and completeness of its contents.

Important content tips:

● The company intends to terminate the implementation of the 2023 employee stock ownership plan, and the remaining stock rights and interests of the 2023 employee stock ownership plan that are not attributable to the holders are 3,016,600 shares.

● The termination of the implementation of the 2023 employee stock ownership plan still needs to be submitted to the company’s shareholders’ meeting for consideration.

Liangpin Shop Co., Ltd. (hereinafter referred to as "the Company") held the second meeting of the third board of directors and the second meeting of the third board of supervisors on April 24, 2024, and deliberated and passed the Proposal on Terminating the Implementation of the 2023 Employee Stock Ownership Plan. Relevant matters are hereby announced as follows:

First, the basic situation of the employee stock ownership plan in 2023

(I) The company held the 18th meeting of the second board of directors on January 11, 2023, and reviewed and approved the Proposal on the Company’s Employee Stock Ownership Plan 2023 (Draft) and its summary, and held the 19th meeting of the second board of directors on January 12, 2023, and reviewed and approved the Company’s Employee Stock Ownership Plan 2023 (Revised Draft). For details, please refer to the relevant announcements disclosed by the company on the website of Shanghai Stock Exchange (www.sse.com.cn) and other designated media on January 12, 2023, January 13, 2023 and March 2, 2023 respectively.

(II) On June 6, 2023, the company received the Confirmation of Transfer Registration issued by China Securities Depository and Clearing Co., Ltd. Shanghai Branch, and all the 3,016,600 A-share ordinary shares held in the company’s "Liangpin Shop Co., Ltd. repurchase special securities account" were transferred to the company’s "Liangpin Shop Co., Ltd.-2023 employee stock ownership plan" securities account by non-transaction transfer on June 5, 2023. For details, please refer to the Announcement of Liangpin Shop Co., Ltd. on Completion of Non-transaction Transfer of Employee Stock Ownership Plan in 2023 (AnnouncementNo.: 2023-035) published by the company on the website of Shanghai Stock Exchange (www.sse.com.cn) and other designated media on June 7, 2023.

(III) On June 9, 2023, the company held the first meeting of the holders of the 2023 employee stock ownership plan, reviewed and approved the Proposal on Establishing the Management Committee of the Company’s 2023 employee stock ownership plan and related proposals, established the Management Committee of the 2023 employee stock ownership plan and elected its members, responsible for the daily management of the employee stock ownership plan and exercising shareholders’ rights on behalf of the holders. For details, please refer to the Announcement on Resolutions of the First Holder Meeting of Liangpin Shop Co., Ltd. Employee Stock Ownership Plan in 2023 (AnnouncementNo.: 2023-036) published by the company on the website of Shanghai Stock Exchange (www.sse.com.cn) and other designated media on June 10, 2023.

As of the date of this announcement, the company’s 2023 employee stock ownership plan is still in the lock-up period.

Second, the reasons for terminating the implementation of the 2023 employee stock ownership plan

According to the company’s operating conditions, considering the occupation cost of the participating employees, it will be difficult to achieve the expected incentive purpose and effect by continuing to implement this employee stock ownership plan, which is not conducive to fully mobilizing the work enthusiasm of the company’s core employees. In order to better safeguard the interests of the company, shareholders and employees, the company decided to terminate the implementation of the 2023 employee stock ownership plan after careful consideration, in accordance with the Guiding Opinions on the Pilot Implementation of the Employee Stock Ownership Plan by Listed Companies, the Self-regulatory Guidelines for Listed Companies of Shanghai Stock Exchange No.1-Standardized Operation, and the Company’s Administrative Measures for the 2023 Employee Stock Ownership Plan.

III. Termination of the examination and approval procedures for the implementation of the 2023 employee stock ownership plan

According to "Guidelines for Self-regulation of Listed Companies of Shanghai Stock Exchange No.1-Standardized Operation" and other relevant regulations, the termination of the 2023 employee stock ownership plan should be approved by the 2023 employee stock ownership plan holders’ meeting and submitted by the company’s board of directors to the shareholders’ meeting for deliberation and approval.

On April 24th, 2024, after deliberation at the second shareholders’ meeting of the company’s 2023 employee stock ownership plan, and with the consent of the holders attending the shareholders’ meeting, the Proposal on Terminating the Implementation of the 2023 Employee Stock Ownership Plan was passed.

On April 24, 2024, the company held the second meeting of the third board of directors, and reviewed and approved the Proposal on Terminating the Implementation of the 2023 Employee Stock Ownership Plan. On the same day, the company held the second meeting of the third Board of Supervisors, and reviewed the Proposal on Terminating the Implementation of the 2023 Employee Stock Ownership Plan. The related supervisors Ma Teng and Wan Zhangnan both abstained from voting. Before the board meeting was held for deliberation, the proposal was reviewed by the Nomination and Remuneration Committee of the board of directors of the company at its second meeting in 2024. The proposal still needs to be submitted to the company’s shareholders’ meeting for consideration.

IV. Termination and subsequent arrangements of this employee stock ownership plan

According to the Company’s Management Measures for the Employee Stock Ownership Plan in 2023, when the employee stock ownership plan is terminated in advance, the relevant rights and interests will be recovered by the management committee, and the recovery price is the original contribution amount of the underlying stock corresponding to the share, and the management committee has the right to decide the disposal method of the relevant rights and interests. There is a situation that all the subscribed shares in this plan cannot be sold, and the specific disposal measures shall be determined by the management Committee.

V. The impact of terminating the implementation of the 2023 employee stock ownership plan on the company.

The company’s termination of the implementation of the 2023 employee stock ownership plan is in compliance with the Company Law, the Securities Law, the Guiding Opinions on the Pilot Implementation of the Employee Stock Ownership Plan by Listed Companies, the Self-regulatory Guidance of Listed Companies of Shanghai Stock Exchange No.1-Standardized Operation, and other relevant laws, regulations and normative documents, as well as the Company’s Administrative Measures for the 2023 Employee Stock Ownership Plan. The company’s termination of the implementation of the 2023 employee stock ownership plan will not harm the interests of the company and all shareholders, will not adversely affect the company’s development strategy, business planning, etc., will not adversely affect the company’s financial status and operating results, will not have a significant adverse impact on the company’s daily operations and future development, and will not affect the diligence of the company’s management and core backbone. The impact of the final share-based payment fee on the company’s net profit shall be subject to the audit report issued by the accounting firm.

VI. Opinions of the Board of Supervisors

The Board of Supervisors believes that the relevant procedures for terminating the implementation of the 2023 employee stock ownership plan are in compliance with relevant laws, regulations and normative documents, and there is no harm to the interests of the company and all shareholders, which will not have a significant impact on the company’s operating performance and financial status, nor will it affect the diligence and diligence of the company’s outstanding management talents and business backbones.

The termination of the implementation of the 2023 employee stock ownership plan does not affect the purpose and original intention of the company to launch a long-term employee stock ownership plan. The company will establish a long-term incentive mechanism to promote the long-term, sustained and healthy development of the company in combination with the actual development needs and market environment.

It is hereby announced.

Board of Directors of Liangpin Puzi Co., Ltd.

April 26, 2024

Securities Code: 603719 Securities Abbreviation: Liangpin Shop AnnouncementNo.: 2024-008

Liangpin Puzi Co., Ltd.

Announcement of 2023 Annual Profit Distribution Plan

The board of directors and all directors of the Company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal responsibilities for the authenticity, accuracy and completeness of its contents.

Important content tips:

● Pay a cash dividend of 2.25 yuan (including tax) for every 10 shares.

● This profit distribution is based on the total share capital registered in date of record at the time of the implementation of the equity distribution, and the specific date will be specified in the announcement on the implementation of the equity distribution.

● If the total share capital of date of record Qianliangpin Shop Co., Ltd. (hereinafter referred to as "the company") is changed, it is planned to keep the distribution ratio per share unchanged and adjust the total distribution accordingly. Subsequent changes in the total share capital will be announced separately.

● This profit distribution plan still needs to be submitted to the shareholders’ meeting for consideration.

I. Contents of profit distribution plan

Audited by PricewaterhouseCoopers Zhongtian Certified Public Accountants (special general partnership), as of December 31, 2023, the undistributed profit at the end of the reporting period of the parent company of the company was RMB 599,625,261.93.

According to the Company Law, Supervision Guidelines for Listed Companies No.3-Cash Dividends of Listed Companies, the Articles of Association and the Shareholders’ Dividend Return Plan for the Next Three Years (2023-2025), the company’s profit distribution plan for 2023 is as follows: based on the total share capital of date of record at the time of equity distribution, a cash dividend of 2.25 yuan will be distributed to all shareholders for every 10 shares.

If the above plan is implemented, as of December 31, 2023, the company has a total share capital of 401,000,000 shares. Based on this, a cash dividend of 90,225,000.00 yuan (including tax) will be distributed this time. The company’s cash dividend this year accounts for 50.05% of the net profit attributable to shareholders of the company realized in 2023.

If the total amount of share capital distributed by the Company changes during the period from the disclosure of this plan to the implementation of equity distribution in date of record, the Company intends to keep the distribution ratio per share unchanged and adjust the total amount of distribution accordingly, and the subsequent changes of total share capital will be announced separately.

This profit distribution plan still needs to be submitted to the shareholders’ meeting for consideration.

Second, the company’s decision-making procedures

(1) Convening, deliberation and voting of the board meeting.

The company held the second meeting of the third board of directors on April 24th, 2024, and passed the Proposal on the Company’s Profit Distribution Plan for 2023 with 9 votes in favor, 0 abstentions and 0 votes against. This plan is in line with the profit distribution policy stipulated in the Articles of Association and the shareholders’ return plan formulated by the company.

(II) Opinions of the Board of Supervisors

On April 24th, 2024, the Company held the second meeting of the third Board of Supervisors, and the Proposal on the Company’s Profit Distribution Plan for 2023 was reviewed and approved with 3 votes in favor, 0 abstentions and 0 votes against. The Board of Supervisors believes that the preparation and review procedures of the Company’s Profit Distribution Plan for 2023 are in compliance with laws, regulations, departmental rules, other normative documents, the Articles of Association and the internal management system of the Company, and meet the relevant provisions of the Guidelines for Self-regulation and Supervision of Listed Companies of Shanghai Stock Exchange No.1-Standardized Operation on Cash Dividends, which are in line with the current development stage and actual situation of the Company, and are conducive to the sustained and steady development of the Company, and there is no harm to the interests of the Company and shareholders.

Third, the relevant risk warning

(1) This profit distribution plan combines the company’s development stage, future capital demand and other factors, and will not have a significant impact on the company’s operating cash flow, nor will it affect the company’s normal operation and long-term development.

(II) This profit distribution plan has yet to be submitted to the company’s 2023 annual general meeting for deliberation. Investors are requested to pay attention to investment risks.

It is hereby announced.

Board of Directors of Liangpin Puzi Co., Ltd.

April 26, 2024

Securities Code: 603719 Securities Abbreviation: Liangpin Shop AnnouncementNo.: 2024-009

Liangpin Puzi Co., Ltd.

Announcement on Renewing the Appointment of Accounting Firm

The board of directors and all directors of the Company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal responsibilities for the authenticity, accuracy and completeness of its contents.

Important content tips:

● Name of the accounting firm to be employed by Liangpin Shop Co., Ltd. (hereinafter referred to as "the company"): PricewaterhouseCoopers Zhongtian Certified Public Accountants (special general partnership) (hereinafter referred to as "PricewaterhouseCoopers Zhongtian")

I. Basic information about the accounting firm to be appointed

(1) Institutional information

1. Basic information

PricewaterhouseCoopers Zhongtian was formerly known as PricewaterhouseCoopers Dahua Certified Public Accountants established on March 28, 1993, and was renamed PricewaterhouseCoopers Zhongtian Certified Public Accountants Co., Ltd. in June 2000 with approval; Approved by the Ministry of Finance’s Accounting Letter [2012] No.52 on December 24, 2012, it was transformed into PricewaterhouseCoopers Zhongtian Certified Public Accountants (special general partnership) on January 18, 2013. The registered address is China (Shanghai) Pilot Free Trade Zone.Room 01, Unit 507, DBS Bank Building, No.1318 Ring Road.

PricewaterhouseCoopers Zhongtian has a practicing certificate of accounting firm, and is qualified to engage in the audit business of H-share enterprises. At the same time, it is also an accounting firm with securities and futures related business qualifications originally approved by the Ministry of Finance and the China Securities Regulatory Commission. PricewaterhouseCoopers Zhongtian has rich practice experience and good professional service ability in securities business. In addition, PricewaterhouseCoopers Zhongtian is a member of PricewaterhouseCoopers International Network, and is also registered in US PCAOB (American Public Company Accounting Oversight Board) and UK FRC (British Financial Reporting Office) to engage in related audit business.

Li Dan is the chief partner of PricewaterhouseCoopers Zhongtian. As of December 31, 2023, the number of partners of PricewaterhouseCoopers Zhongtian was 291, and the number of certified public accountants was 1,710, among which the number of certified public accountants who signed the audit report on securities services business since 2013 was 383.

The total income of PricewaterhouseCoopers Zhongtian in the latest audited fiscal year (2022) was RMB 7.421 billion, the income from auditing business was RMB 6.854 billion and the income from securities business was RMB 3.284 billion.

PricewaterhouseCoopers Zhongtian has 109 clients auditing the financial statements of A-share listed companies in 2022, and the total fee for auditing the financial statements of A-share listed companies is RMB 529 million. The main industries include manufacturing, finance, transportation, warehousing and postal services, information transmission, software and information technology services, wholesale and retail, etc. There are 6 clients auditing the financial statements of A-share listed companies in the same industry (wholesale and retail).

2. Investor protection ability

In terms of investor protection, PricewaterhouseCoopers Zhongtian has taken out occupational insurance according to the requirements of relevant laws and regulations. The sum of the accumulated compensation limit of occupational insurance and occupational risk fund exceeds RMB 200 million, and the provision of occupational risk fund or the purchase of occupational insurance complies with relevant regulations. PricewaterhouseCoopers Zhongtian has not assumed civil liability in relevant civil litigation due to its practice in the past three years.

3. Integrity record

PricewaterhouseCoopers Zhongtian and its employees have not been subject to criminal punishment or administrative punishment, or self-regulatory measures or disciplinary actions by self-regulatory organizations such as stock exchanges and industry associations in the past three years. PricewaterhouseCoopers Zhongtian has been subject to administrative supervision measures by the local securities regulatory bureau for nearly three years, involving two employees. According to the provisions of relevant laws and regulations, the above regulatory measures are not administrative penalties, and will not affect PwC Zhongtian to continue to undertake or implement securities services and other businesses.

(II) Project information

1. Basic information

Project Partner and Signed Certified Public Accountant: He Ting, a practicing member of the Institute of Certified Public Accountants, has been a certified public accountant since 2007, engaged in auditing listed companies since 2004, provided auditing services for companies since 2020, and practiced in PricewaterhouseCoopers Zhongtian since 2004. In the past three years, he has signed or reviewed the audit reports of three listed companies.

Quality review partner: Liu Likun, a practicing member of the Institute of Certified Public Accountants, has been a certified public accountant since 2006, engaged in auditing of listed companies since 2001, provided auditing services for the company since 2021, and practiced in PricewaterhouseCoopers Zhongtian since 2001. In the past three years, he has signed or reviewed the audit reports of six listed companies.

Signature Certified Public Accountant: Zhao Yiyi, a practicing member of the Institute of Certified Public Accountants, has been a certified public accountant since 2018, engaged in auditing listed companies since 2015, provided auditing services for the company since 2021, and practiced in PricewaterhouseCoopers Zhongtian since 2014. In the past three years, he has signed or reviewed the audit report of a listed company.

2. Integrity record

Mr. He Ting, the project partner and signature certified public accountant, Ms. Liu Likun, the quality review partner, and Ms. Zhao Yuyi, the signature certified public accountant, have not been subjected to any criminal punishment or administrative punishment in the last three years, nor have they been subjected to administrative supervision and management measures by the securities regulatory agency for their practice, nor have they been subjected to self-regulatory measures and disciplinary actions by self-regulatory organizations such as stock exchanges and trade associations for their practice.

3. Independence

PricewaterhouseCoopers Zhongtian, project partner and signed CPA Mr. He Ting, quality review partner Ms. Liu Likun and signed CPA Ms. Zhao Yiyi do not have any circumstances that may affect their independence.

4. Audit fees

PricewaterhouseCoopers Zhongtian’s audit service fee is determined by both parties through consultation according to the audit workload and the principle of fairness and reasonableness. The audit fee that the company intends to pay to PricewaterhouseCoopers Zhongtian for the 2024 financial statement audit project is RMB 3 million (including the internal control audit fee of RMB 500,000), and the turnover tax and various additional taxes included in the invoice are the same as those for the 2023 financial statement audit.

II. Procedures for the performance of the accounting firm to be renewed.

(I) The first meeting of the Audit Committee of the third board of directors of the company in 2024 reviewed and approved the Proposal on Renewing the Appointment of the Company’s Financial Audit Institution and Internal Control Audit Institution in 2024 with 3 votes in favor, 0 abstentions and 0 votes against. It is considered that PricewaterhouseCoopers Zhongtian is the accounting firm of the company’s financial audit and internal control audit in 2023, and has the qualification to engage in securities-related business and many years of experience and ability to audit listed companies. The audit work of the company in 2023 has been successfully completed, showing the independent, objective and rigorous professional quality and solid and profound professional level of this institution, and it can be competent for the audit work of the company in 2024. Therefore, it is agreed to re-appoint PricewaterhouseCoopers Zhongtian as the accounting firm for the company’s financial audit and internal control audit in 2024, with an audit fee of RMB 3 million (including internal control audit fee of RMB 500,000), turnover tax and various additional taxes and fees included in the invoice.

(II) The Second Meeting of the Third Board of Directors of the Company deliberated and passed the Proposal on Renewing the Appointment of the Company’s Financial Audit Institution and Internal Control Audit Institution in 2024 with 9 votes in favor, 0 abstentions and 0 votes against, and agreed to re-appoint PricewaterhouseCoopers Zhongtian as the accounting firm for the company’s financial audit and internal control audit in 2024, with an audit fee of RMB 3 million (including the internal control audit fee of RMB 500,000), as well as the turnover tax and various surcharges included in the invoice.

(III) The Second Meeting of the Third Board of Supervisors of the Company reviewed and approved the Proposal on Renewing the Appointment of the Company’s Financial Audit Institution and Internal Control Audit Institution in 2024 with 3 votes in favor, 0 abstentions and 0 votes against. The Board of Supervisors believes that PricewaterhouseCoopers Zhongtian is the accounting firm for the company’s financial audit and internal control audit in 2023, and has the qualification to engage in securities-related business, experience and ability to audit listed companies for many years. It has completed the audit work for the company in 2023 and is competent for the company’s audit work in 2024, and agreed to re-appoint it as the company’s financial audit institution and internal control audit institution in 2024, with an audit fee of RMB 3 million (including internal control audit fee of RMB 500,000)

(IV) The appointment of an accounting firm this time still needs to be submitted to the company’s shareholders’ meeting for deliberation, and it will take effect from the date of deliberation and approval by the company’s shareholders’ meeting.

It is hereby announced.

Board of Directors of Liangpin Puzi Co., Ltd.

April 26, 2024

Securities Code: 603719 Securities Abbreviation: Liangpin Shop AnnouncementNo.: 2024-010

Liangpin Puzi Co., Ltd.

About the company and its holding subsidiaries in 2024

Apply to a financial institution for a comprehensive credit line.

And make an announcement of the estimated guarantee.

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal responsibilities for the authenticity, accuracy and completeness of its contents.

Important content tips:

● Name of the guarantor: Hubei Liangpin Shop Food Industry Co., Ltd. (hereinafter referred to as Liangpin Industry) and Ningbo Liangpin Shop Food Trading Co., Ltd. (hereinafter referred to as Ningbo Liangpin Trading), wholly-owned subsidiaries of Liangpin Shop Co., Ltd. (hereinafter referred to as the Company), are not related persons of listed companies.

● The amount of this guarantee and the guarantee balance actually provided for it: The company intends to provide joint and several liability guarantees with a total amount of no more than 3.5 billion yuan within the comprehensive credit line for its wholly-owned subsidiaries Liangpin Industry and Ningbo Liangpin Commerce, including the guarantee balance of 295 million yuan actually provided by the company for subsidiaries within the scope of consolidated statements as of the disclosure date of this announcement.

● Is there a counter-guarantee for this guarantee? No.

● Cumulative quantity of overdue external guarantee: None.

● This guarantee still needs to be submitted to the company’s shareholders’ meeting for consideration.

● Special risk warning: The guaranteed good product industry is a wholly-owned subsidiary with an asset-liability ratio of over 70%; As of the disclosure date of this announcement, the guarantee amount of the company and its holding subsidiaries exceeds 50% of the latest audited net assets, all of which are guarantees provided by the company to its holding subsidiaries; The company has not provided guarantee for the units outside the consolidated statement, so investors are advised to pay attention to the relevant risks.

I. Overview of guarantee situation

(1) A brief introduction to the guarantee.

According to the capital requirements of the company’s 2024 production and operation and investment plan, in order to ensure the smooth progress of the company’s production and operation, the company and its holding subsidiaries are expected to apply to the bank for a comprehensive credit line with a total amount of no more than RMB 3 billion in 2024. Within the above credit line, The company intends to provide joint and several liability guarantees with a total amount of no more than RMB 3.5 billion (including the guarantee balance of RMB 295 million provided by the existing companies to the subsidiaries) for the wholly-owned subsidiaries of Liangpin Industry and Ningbo Liangpin Trading (any entity of the wholly-owned subsidiaries of the above two companies is hereinafter referred to as "wholly-owned subsidiaries"), and authorize the management to handle financing and guarantee procedures (including but not limited to signing financing contracts, guarantee contracts, loan vouchers, etc.), with a validity period of one year, and this proposal has been reviewed and passed at the shareholders’ meeting. Credit forms include, but are not limited to, working capital loans, acceptance bills, letters of credit, bank guarantees and fixed assets loans. The comprehensive credit line and specific business types are ultimately subject to the actual approval of the bank, and the credit line can be recycled within the validity period.

The above comprehensive credit contract and guarantee contract have not yet been signed.

(2) The basic information about the guarantee.

The basic situation of this guarantee is as follows:

(3) Internal decision-making procedures for the expected performance of the guarantee.

On April 24, 2024, the company held the second meeting of the third board of directors and the second meeting of the third board of supervisors, and reviewed and approved the Proposal on the Company and its holding subsidiaries applying for comprehensive credit lines from financial institutions in 2024, providing corresponding guarantees and authorizing managers to handle financing and guarantee procedures. This proposal still needs to be submitted to the shareholders’ meeting for deliberation.

Second, the basic situation of the guarantor

(1) Hubei Liangpin Puzi Food Industry Co., Ltd.

Name of the guarantor: Hubei Liangpin Puzi Food Industry Co., Ltd.

Unified social credit code: 91420112074454566J

Registered capital: RMB 500 million Yuan only.

Date of establishment: July 23, 2013

Registered place: No.8 Gexin Avenue, Zoumaling, Dongxihu District, Wuhan (13)

Legal Representative: Yang Hongchun.

Business scope: sales of candy products (candies), processed aquatic products (dried aquatic products), fruit products (dried fruit products), candied fruit, roasted and fried food-grade nut products (baked and fried), bulk food (including frozen food and cooked food in bulk), prepackaged foods (including frozen food), special food (health food, infant formula milk powder, fried food). Management of food chain stores, warehousing services, venue rental, wholesale and retail of business appliances and sanitary appliances in department stores; Hot food (including semi-finished food); Pastry food (including decorative food); Manufacture and sale of homemade drinks (including homemade fresh milk drinks), cold foods and raw foods (including meat products and raw seafood foods); Self-supporting or acting as an agent for the import and export business of various commodities and technologies (except those restricted or prohibited by the state). (Projects subject to examination and approval according to law can only be operated after examination and approval by relevant departments)

Ownership structure: The company holds 100% equity of Liangpin Industry.

The financial data of Liangpin Industry in the latest year are as follows:

Unit: Yuan

The above-mentioned guarantor has a good credit status and is not an executed person who has broken his promise. At present, there are no major contingencies that affect the solvency of the guarantor.

(II) Ningbo Liangpin Puzi Food Trading Co., Ltd.

Name of the guarantor: Ningbo Liangpin Puzi Food Trading Co., Ltd.

Unified social credit code: 91330206MA2AFJPE7B

Registered capital: ten million yuan only.

Date of establishment: November 13, 2017

Registered place: Room 1014, Office Building No.5, Meishan Avenue Business Center, Beilun District, Ningbo City, Zhejiang Province

Legal Representative: Zhang Guoqiang.

Scope: food business; Enterprise management consulting; Business information consultation; Market information consultation; Exhibition service; Organization and planning of cultural and artistic exchange activities; Corporate image planning; Marketing planning; General cargo storage service; Venue lease; Wholesale and retail of daily necessities; Self-management and agency of import and export business of all kinds of goods and technologies (except goods and technologies that are restricted or prohibited by the state). (Projects subject to approval according to law can only be operated after approval by relevant departments).

Ownership structure: The company holds 100% equity of Ningbo Liangpin Trade.

The financial data of Ningbo Liangpin Trading in the latest year are as follows:

Unit: Yuan

The above-mentioned guarantor has a good credit status and is not an executed person who has broken his promise. At present, there are no major contingencies that affect the solvency of the guarantor.

III. Main contents of the guarantee agreement

The guarantee agreement has not been signed. The board of directors of the company submitted this matter to the shareholders’ meeting for deliberation, and requested the shareholders’ meeting to authorize the management to handle the financing and guarantee procedures (including but not limited to signing financing contracts, guarantee contracts, loan vouchers, etc.), with a validity period of one year, counting from the date when this proposal was deliberated and passed by the shareholders’ meeting.

IV. Opinions of the Board of Directors

The board of directors believes that the company provides guarantee for the wholly-owned subsidiaries to apply for credit lines from financial institutions in order to meet the capital turnover needs of the subsidiaries for daily operations and project construction, broaden financing channels and reduce financing costs, which is conducive to the long-term development of the subsidiaries. The company has established and improved the external guarantee management system and strict internal control system, and formulated a sound decision-making and implementation process for the development of related businesses. The guaranteed objects are all holding subsidiaries within the scope of the company’s consolidated statements. They are in good operating condition, capable of repaying due debts, and their financial risks are under control. The board of directors agrees to apply for comprehensive credit and predict the guarantee matters.

V. Cumulative external guarantee quantity and overdue guarantee quantity

As of the disclosure date of this announcement, the balance of external guarantees of the company and its holding subsidiaries is 295 million yuan, all of which are guarantees provided by the company to the holding subsidiaries, accounting for 11.87% of the listed company’s latest audited net assets attributable to shareholders of the listed company. There is no overdue guarantee.

It is hereby announced.

Board of Directors of Liangpin Puzi Co., Ltd.

April 26, 2024

Securities Code: 603719 Securities Abbreviation: Liangpin Shop AnnouncementNo.: 2024-014

Liangpin Puzi Co., Ltd.

Notice on Convening the 2023 Annual General Meeting of Shareholders

The board of directors and all directors of the Company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal responsibilities for the authenticity, accuracy and completeness of its contents.

Important content tips:

● Date of convening the general meeting of shareholders: May 16, 2024.

● Online voting system adopted in this shareholders’ meeting: online voting system of shareholders’ meeting of Shanghai Stock Exchange.

First, the basic situation of the meeting

(1) Type and session of shareholders’ meeting

2023 Annual General Meeting of Shareholders

(II) Convenor of the shareholders’ meeting: the board of directors.

(III) Voting method: The voting method adopted in this general meeting of shareholders is a combination of on-site voting and online voting.

(four) the date, time and place of the on-site meeting.

Date and time of convening: 15: 00 on May 16th, 2024.

Venue: conference room on the 5th floor of the company (Liangpin Building, No.1 Hangtian Road, gold and silver lake, Dongxihu District, Wuhan)

(5) The system, starting and ending dates and voting time of online voting.

Online voting system: online voting system for shareholders’ meeting of Shanghai Stock Exchange.

Start and end time of online voting: from May 16th, 2024.

Until May 16, 2024

The online voting system of Shanghai Stock Exchange is adopted, and the voting time through the voting platform of the trading system is the trading time period on the day of the shareholders’ meeting, namely 9:15-9:25,9:30-11:30 and 13: 00-15: 00; Voting time through the Internet voting platform is 9:15-15:00 on the day of the shareholders’ meeting.

(six) margin financing, refinancing, agreed repurchase business accounts and voting procedures for investors in Shanghai Stock Connect.

Related accounts involving margin financing and securities lending, refinancing business, agreed repurchase business, and voting by investors of Shanghai Stock Connect shall be implemented in accordance with the Guidelines for Self-regulation and Supervision of Listed Companies of Shanghai Stock Exchange No.1-Standardized Operation and other relevant provisions.

(seven) involving the public collection of shareholders’ voting rights.

without

II. Matters to be considered at the meeting