Phoenix Technology News On October 27th, in response to the recent media concern about the problem of "mobile phone traffic running fast", the relevant person in charge of China Mobile said: the relevant reports are not true, and mobile phone traffic will not "run fast".

China Mobile said that the billing system has a strict inspection and verification mechanism, and has passed the continuous inspection and testing by competent departments at all levels and independent third parties. The efficiency, stability and accuracy of the system are at the leading level in the world. If the traffic is not cleared in the current month, it changes the charging rules, which realizes the rolling function of traffic and does not affect the traffic measurement. For the same picture or video, there is no change in the traffic measurement before and after the traffic is not cleared in the current month.

In response to relevant reports, China Mobile said that it had specially organized a traffic billing test, and found no problem of "mobile phone traffic running fast", and promised that "billing error will be returned twice".

At the same time, Mobile said that with the continuous improvement of the 4G network, more intelligent terminals were launched, and richer mobile phone applications stimulated and improved customers’ traffic consumption to some extent. In addition, many applications in smart phones "inadvertently" generate online traffic without customers’ knowledge. For example, the weather forecast program automatically updates the weather data regularly; Mobile phone antivirus software automatically downloads virus database; In order to ensure the timely receipt of mail, the mobile phone mail receiving and dispatching software regularly visits the mail server for inquiry; The software regularly checks the version, upgrades or downloads patch software; Free games with advertising banners or advertising pop-up content updates. There is also a part of traffic consumption caused by viruses and Trojans in mobile phones.

In order to avoid unnecessary data traffic, China Mobile advises customers to pay attention to the following items when using smart phones:

1. When quitting the application software on the smart phone, try to use the "Quit" option in the software menu instead of simply quitting the operation interface.

2. Regularly clean up background running programs. According to the operation method of the used smart phone, enter the task manager, find the application that has been used but is still running in the background, and forcibly stop the application to ensure complete exit.

3. Turn off the functions of data push and automatic update in the settings of various application programs, use manual update control, and then manually update when you need to query.

4. Turn off the automatic sending and receiving function of mobile email.

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　

[car home Qujing Preferential Promotion Channel] Recently, a large-scale preferential activity was ushered in in Qujing area, and the highest preferential amount reached an astonishing 66,000 yuan. At present, the minimum starting price of this car has dropped to 183,900 yuan. If you are interested in FAW-Volkswagen CC, you may wish to seize this opportunity and try to get a higher discount by clicking the link of "Check Car Price" in the quotation form.

FAW-Volkswagen CC attracts attention with its dynamic and elegant design. The front face adopts family-style design, and the combination of large air intake grille and sharp LED headlights not only enhances the overall visual impact, but also shows a strong sense of movement. The body lines are smooth, the waistline is sharp, and with the dynamic wheel hub design, FAW-Volkswagen CC is also full of dynamic atmosphere in static state. On the whole, FAW-Volkswagen CC is both fashionable and practical in design, which meets consumers’ high requirements for appearance.

FAW-Volkswagen CC stands out with its streamlined body lines and elegant design style. The body size is 4869mm long, 1870mm wide, 1459mm high and 2841mm wheelbase, which ensures spacious interior space and excellent driving experience. The front and rear wheel tracks are 1586mm and 1572mm respectively, which ensures the stability and handling of the vehicle. Equipped with 245/40 R19 tires and dynamic 19-inch rims, it further enhances the sense of movement and visual impact of the vehicle.

The interior style of FAW-Volkswagen CC is simple and luxurious, and the center console is stylish and stylish, equipped with a 9.2-inch central control screen, which supports multimedia system, navigation, telephone and air conditioning voice recognition control system, which is convenient for drivers to operate. The steering wheel is made of leather and equipped with manual up and down+forward and backward adjustment function to ensure that the driver can find the most comfortable position. The car is equipped with USB and Type-C interfaces, with a total of five to meet the charging needs of different devices. In addition, the front row is also equipped with wireless charging function. The seat is made of genuine leather, and the front and rear adjustment, backrest adjustment, height adjustment (4-way) and lumbar support (4-way) of the main and co-pilot seats are provided with heating and ventilation functions to provide passengers with a comfortable riding experience. The power seat memory function is provided for the driver’s seat, and the rear seats can be laid down in proportion to increase storage space.

FAW-Volkswagen CC is equipped with a 2.0T turbocharged engine with a maximum power of 162 kW (220 HP) and a maximum torque of 350 Nm. Matching it is a 7-speed wet dual-clutch gearbox, which provides excellent power output and smooth driving experience.

The evaluation of FAW-Volkswagen CC is undoubtedly a compliment. He appreciates that the exterior design of this car shows unique sports characteristics, the body lines are smooth and full of tension, and the grille design is like a warrior’s visor, showing extraordinary courage and strength. The horizontal bright decorative strips and the sharp daytime lighting reflect each other, the black rearview mirror on the side of the car body is in sharp contrast with the white paint, the roof slowly sinks backwards from the B-pillar, the tail design is full of ingenuity, the exhaust ports on both sides and the small tail wing on the trunk cover complement each other, and the whole car exudes a youthful and energetic atmosphere, which makes people fall in love at first sight.

1905 movie network news Directed jointly by Ram Gopal Varma and liujing, and starring Puja Bahaluka, PARTH SURI, Shi Tianlong, Miya and He Yezi, the first Chinese-Indian co-produced cool action film Dragon Girl will be released nationwide on July 15th.

On June 26th, the film "Dragon Girl" officially opened the first stop of the national roadshow in the mountain city of Chongqing, and held roadshows in Chongqing, Chengdu and Mianyang in three days. At the roadshow, not only the authentic Kung Fu tea and Sichuan Opera in Sichuan and Chongqing changed their faces, but also the Chinese director, producer and actor of the film watched the high-burning clips of the film together with the audience, sharing the inside story of shooting and causing applause.

Wonderful fighting detonated the profound theme of the audience and shook the audience.

The movie Dragon Girl tells the story of an Indian girl, pooia (Pujia), who loved China Kung Fu since childhood, who witnessed a sexual assault that led to her sister’s death in childhood. Deeply guilty of not being able to help her sister, she hoped to be brave like Bruce Lee after seeing Bruce Lee’s movie enter the dragon, so she joined an China Jeet Kune Do martial arts master (Shi Tianlong) to learn Kung Fu, and got to know her uncle’s daughter (Miya) from then on.

As the first kung fu film co-produced by China and India, the heroine Pujia is both a famous Indian movie star and an Asian Taekwondo champion. It is reported that in order to better interpret the heroine, she has specially studied Jeet Kune Do for three years, which can be described as grinding a sword for three years. Shi Tianlong, who plays her master, is a famous martial arts educator, the president of the World Jeet Kune Do Development Federation and the president of the China International Jeet Kune Do Federation, while Miya, another leading actress, is also a famous action star in China who has appeared in Jackie Chan movies.

Among them, the water PK clips of Pujia and Miya are particularly impressive! The two female hosts wore tight-fitting battle suits in pairs. In the water, tai chi pile was stuck with flowers and waves, and her hair was wet and her hormones were overflowing. Seeing the China culture and the beautiful and elegant two female hosts made the audience shout. In the post-screening communication session, the audience felt the female power contained in the film in and out of the play.

Resonate with the audience and call on women to fight bravely for love.

In the post-screening communication session, Chinese director liujing, starring representatives Shi Tianlong and He Yezi of the movie Dragon Girl visited the scene to interact with fans. At this time, some fans are still relishing the exciting fighting scenes in the film, but some viewers are patiently tasting the profound themes contained in the film and actively asking questions.

Some fans first praised the film for its combination of exotic customs, Indian song and dance, China Kung Fu, female inspirational and other elements, and wondered why the film had such a positioning. Liujing gave his own answer. It turns out that director liujing and Indian director Ram Gopal Varma have been "Bruce Lee fans" since childhood, with a gap of 20 years. But like the "two brothers", the directors bred under the cultural influence of different countries have different skin colors, personalities and life experiences, but they all hold reverence for the great master Bruce Lee, thus making this film together.

Wu Jing, the chief producer of this film, also said: Through the perspective of Indian women combined with Bruce Lee’s spirit of self-improvement, I hope to give women all over the world a special strength, both in spirit and mind. The segment of the film in which the woman fights for love will arouse applause from the audience present, and this film not only hopes to call on the audience to fight bravely for love with the film plot in the screening session, but also hopes to convey an idea to the audience by inviting female kungfu tea performers and Sichuan opera face-changing masters to take the stage for live display in the post-screening session — — "In fact, every one of us can be a dragon girl."

Recently, a set of imaginary pictures about the new Tesla have been exposed on the Internet, which has aroused widespread concern. It is reported that the pre-sale price of this new car is set between 300,000 and 400,000 yuan, and it is expected to be officially listed in June or July 2025. For potential buyers, this is undoubtedly an option worth looking forward to.

The new Model Y seems to keep up with the pace of family renewal in interior design. According to spy photos, its overall layout is quite similar to the new one, but according to informed sources, the new car may abandon the traditional design of the hood and the turn signal lever and adopt a more modern screen touch operation mode, which will undoubtedly bring drivers a more avant-garde driving experience.

In terms of power, the new Model Y has been significantly improved. It is predicted that the new car will be equipped with a battery pack with a capacity up to 95kWh. Compared with the 75kWh battery of the current model, this upgrade will increase the cruising range by more than 26%. This is undoubtedly an attractive selling point for consumers who pursue long battery life and high efficiency.

　　Recently, the National Energy Administration issued the Notice on Organizing the Pilot Demonstration of Biodiesel Popularization and Application, proposing that by organizing the pilot demonstration of biodiesel popularization and application, we should expand the application scenarios of biodiesel in China, explore the establishment of replicable and scalable policy systems and development paths, and gradually form demonstration effects and scale effects, so as to accumulate experience for continuing to expand the popularization and application of green liquid fuels such as biodiesel. The Notice makes it clear that the Bureau will give priority to the inclusion of qualified pilot demonstration projects in medium-and long-term loan projects in the manufacturing industry, actively promote the establishment of carbon emission reduction methodology for biodiesel, and promote the inclusion of biodiesel in the national certified voluntary emission reduction (CCER) mechanism to accelerate the realization of the green value of biodiesel. At the same time, the Energy Bureau will work with relevant departments to co-ordinate existing funds and support qualified pilot demonstration projects. According to the actual situation, all regions will increase the protection of land and sea for pilot demonstration projects, optimize the project approval process, and give financial support for research to create favorable conditions for pilot demonstration areas and project construction.

　　Notice of National Energy Administration on Organizing Pilot Demonstration of Biodiesel Popularization and Application

　　Guo Nengfa Technology [2023] No.80

　　Development and Reform Commission and Energy Bureau of relevant provinces (autonomous regions and municipalities directly under the Central Government), Development and Reform Commission and Energy Bureau of cities under separate state planning, Beijing Urban Management Committee, agencies and relevant energy enterprises:

　　Biodiesel is a kind of renewable energy produced from waste oil and other biomass, and it is an internationally recognized green and clean fuel, which has been widely valued by the international community. The Party’s Report to the 20th CPC National Congress proposed to speed up the construction of waste recycling system. The Renewable Energy Law clearly states that the state encourages the production and utilization of bio-liquid fuels. The "14th Five-Year Plan" for Modern Energy System also requires the vigorous development of non-grain biofuels such as biodiesel.

　　Carrying out the pilot demonstration of biodiesel popularization and application is a beneficial measure to implement the decision and deployment of the CPC Central Committee and the State Council, promote the energy revolution and ensure energy security, an effective way to implement the new development concept and help achieve the goal of "double carbon", and a powerful means to promote waste recycling and ensure people’s table safety. According to the relevant requirements of the Measures for the Administration of Technical Demonstration and Reform Pilot Work of the National Energy Administration, the relevant matters concerning the pilot demonstration of biodiesel popularization and application are hereby notified as follows:

　　I. Guiding ideology

　　Guided by Socialism with Chinese characteristics Thought of the Supreme Leader in the New Era, we will fully implement the spirit of the 20th Party Congress, adhere to the general tone of striving for progress while maintaining stability, implement the people-centered development thought, implement the new energy security strategy of "four revolutions and one cooperation", advocate green consumption, help build a waste recycling system, and accelerate the green and low-carbon transformation of energy.

　　Second, the main objectives

　　By organizing the pilot demonstration of biodiesel popularization and application, we will expand the application scenarios of biodiesel in China, explore the establishment of replicable and scalable policy systems and development paths, and gradually form demonstration effects and scale effects, so as to accumulate experience for continuing to expand the popularization and application of biodiesel and other green liquid fuels.

　　Third, the pilot demonstration content

　　According to the development status, production and consumption of biodiesel industry, governments at all levels, enterprises and other entities applying for pilot demonstration can choose one or more of the following ways to promote the application of biodiesel in combination with local conditions. At the same time, all localities are also encouraged to creatively carry out other ways of pilot demonstration creation.

　　(1) Biodiesel for vehicles

　　1. Regional popularization and application

　　In the province, the city, the county (district) and other administrative regions or industrial parks, logistics parks, mining areas, bonded areas, free trade zones and other development of vehicle biodiesel promotion and application. Encourage "fixed sales by production and closed operation", and organize kitchen waste disposal enterprises, biodiesel production enterprises and petroleum sales enterprises to "connect production with demand".

　　2. Industry promotion and application

　　Promote the application of biodiesel in logistics, public transportation, municipal administration, sanitation, postal express and other industries in the region.

　　3. Enterprise promotion and application

　　Enterprises with gas station business qualifications carry out the promotion and application of biodiesel filling in the gas stations they operate.

　　4. Popularization and application of expressways

　　Promote the application of biodiesel with gas stations along the expressway as the main body.

　　(II) Marine biodiesel

　　5. Promotion and application of bonded areas and free trade zones.

　　Promote the application of biodiesel (fuel oil) such as marine vessels B5 and B24 in bonded areas and free trade zones.

　　6. Popularization and application of rivers, lakes and waterways

　　Promote the application of biodiesel (fuel oil) such as B5 and B24 in inland rivers, lakes and other waterways.

　　(3) Others

　　7. Promotion and application of biodiesel in other scenarios.

　　Fourth, organize the implementation

　　In accordance with the principles of overall deployment, voluntary declaration, government guidance and market dominance, we will focus on organizing pilot demonstration work for the promotion and application of biodiesel in areas with or near biodiesel production capacity.

　　(1) Organizing reporting. Relevant provinces (autonomous regions and municipalities directly under the Central Government) Development and Reform Commission, Energy Bureau, Development and Reform Commission and Energy Bureau of cities under separate state planning, Beijing Municipal Management Committee, and relevant energy enterprises should pay attention to the promotion and application of biodiesel, and actively organize cities, counties (districts) and related enterprises within their administrative areas to declare the pilot demonstration of biodiesel promotion and application. The relevant provincial (autonomous region, municipality directly under the Central Government) Development and Reform Commission, Energy Bureau and Beijing Urban Management Committee (hereinafter referred to as the provincial lead department) shall summarize the pilot demonstration creation areas, create projects and organize preliminary selection. Please submit the information of the first batch of declared pilot demonstration creation areas and projects to our Bureau (Department of Energy Conservation and Technology and Equipment) before November 30, 2023.

　　(2) determined by the review. Our bureau will, jointly with relevant departments, organize experts to review the submitted pilot demonstration creation areas and projects, carry out field research as appropriate, and determine the pilot demonstration creation areas and project list after comprehensive evaluation.

　　(3) guiding the creation. Our bureau will make overall guidance on the creation of pilot demonstration areas and projects for the promotion and application of biodiesel. The provincial lead department shall, jointly with the relevant departments of the local government, strengthen the guidance and support for the establishment of the pilot demonstration of biodiesel popularization and application within its jurisdiction, and coordinate and solve related problems. Please submit the problems that need to be coordinated and solved at the national level to our bureau (Department of Energy Conservation and Technology and Equipment).

　　(4) Summary and evaluation. After the completion of the pilot demonstration area and project for the promotion and application of biodiesel, the provincial lead department shall timely carry out summary and evaluation, and submit the pilot demonstration work to our bureau (Energy Conservation and Technology and Equipment Division). Our bureau (Department of Energy Conservation and Technology and Equipment) will, jointly with the provincial leading departments, comprehensively evaluate the demonstration effect and promotion prospect according to the completion of the pilot demonstration project, and promote it in a wider scope in a timely manner in combination with the actual situation.

　　(5) Policy support. Our bureau will give priority to the inclusion of qualified pilot demonstration projects in medium and long-term loan projects in manufacturing industry, actively promote the establishment of carbon emission reduction methodology for biodiesel, promote the inclusion of biodiesel in the national voluntary emission reduction (CCER) mechanism, and accelerate the realization of the green value of biodiesel. At the same time, our bureau will, jointly with relevant departments, co-ordinate the existing funds and support the research of qualified pilot demonstration projects. According to the actual situation, all regions will increase the protection of land and sea for pilot demonstration projects, optimize the project approval process, and give financial support for research to create favorable conditions for pilot demonstration areas and project construction.

　　I hereby inform you.

　　Tel: 010-81929245

　　National Energy Administration

　　November 13th, 2023

Children’s story machines can be said to be a must-have toy for children today, and in reality, it is rare to encounter children who do not have such products. At the same time, buying a children’s story machine is far from just considering buying such products after having a baby at home, there is also a wider demand: give it away!

Relatives and friends give birth to a baby. Compared with sending clothes, milk powder or diapers, sending children’s stories may seem more "safe", because you can’t always grasp the individual needs of relatives and friends for milk powder and other products, and sending children’s story machines does not have so many brands, and it is more affordable, and it is an absolute rigid demand. Second, children’s story opportunities accompany children’s growth, and small story machines will always witness the friendship between you and your relatives and friends.

1. Mi Rabbit Story Machine mini unpacking

This Mi Rabbit story machine mini is packaged in pink with a transparent middle, allowing you to directly see the product body.

The label on the back is product information.

The main functions are selected stories, safe materials, pure sound quality, and safe sleep.

At the bottom there are some notes and production plant: Xinwangda electronic joint stock company sixth branch.

Open the lid, and there is a sentence "Hear the future" inside.

The accessories in the box include the product body, Micro USB data cable and manual.

Charger LAB POWER-Z KT001 is used for charging test. The charging current is 534mA and the charging voltage is 5V. It has good versatility and can be charged with common mobile phone chargers.

Mi Rabbit story machine mini is the shape of Mi Rabbit, the fuselage is made of plastic matte material, and the mini version of Mi Rabbit wears a pink hat.

The speaker is on the back of Mi Rabbit’s head.

The bottom is first the logo of mitu, product name: Mi Rabbit Story Machine Mini, product model GSJ01JQD, manufacturer: Nanjing Machine Island Intelligent Technology Co., Ltd.

The hat can be removed.

The hat is made of soft silicone.

The bow tie and buttons actually have a total of five buttons.

The tail part, below is the Micro USB socket.

Speaker, with a large number of sound guide holes.

Second, the disassembly of the Mi Rabbit story machine mini

It is fixed with inner triangular screws to prevent children from accidentally dismantling.

After the rubber pad at the bottom is torn off, the screws can be seen, and they can be removed from here.

Remove the bottom cover.

Then remove the screws on the back to remove the back cover.

Close-up of the inside of the fuselage, the front cover is fixed with buttons and light bars, and the main board, battery and speaker are fixed in the back cover.

The eye is a piece of black plastic.

All components in the front cover were removed.

Micro button small board, there are five buttons.

The light bar and the button board are connected to the terminals of the main board with wiring harnesses, and the terminals are glued and fixed to prevent loosening.

Disassemble the whole picture.

The two ears.

Remove the battery and speaker cover.

Using EVE 723236 lithium polymer battery with a capacity of 800mAh, the battery is fixed with foam double-sided tape to play a buffering role.

Battery label, marked with capacity voltage and production date.

There is a protective plate on the battery, and children’s story machines still have high safety requirements.

Close-up of the speaker.

Speaker back parameters, impedance 4Ω, power 3W.

Colorful LED lights under two ears.

Micro USB socket small board.

Close-up on the back of the micro USB socket small board, the solder joints of the terminal seat are full and neat.

Close-up of the back of the main board with a rotary potentiometer in the middle for switching and adjusting the volume.

The front of the main board is close-up, with TF card slot and main control chip.

Close-up of rotary potentiometer, 50K.

8002D audio amplifier for driving speakers.

Shanghai Weier WS4508 600mA lithium battery charger for charging built-in lithium batteries.

Shanghai Weier WS3202K, overvoltage and overcurrent protection components to prevent malfunction adapter access damage.

KHIC Hong Kong 25L1606E memory for storing product information and internal programs.

According to the disassembly, the Mi Rabbit story machine mini adopts the torch core ATS2506, which is the main control chip launched by Actions for portable multimedia speakers. It integrates high-performance DSP processors, memory, and encoders. It supports a variety of interfaces and can read U disks, SD cards, and other storage media.

Built-in machine island 8GB TF card.

Take apart the family photo.

III. Disassembly and summary

1. Adopting a knob-type potentiometer volume switch, it is cleverly designed to the tail, resulting in a more beautiful overall appearance.

2. Using the torch core ATS2506, the internal integrated DSP processing unit, as well as strong scalability, can be connected to an external memory card;

3. The battery is fully protected to enhance the safety of children’s products.

"Science and Technology Week Events" reviews the important events in the science and technology industry in the past week (October 23 -29), and the following broadcast begins:

In view of the topic "QQ mailbox begins to provide paid membership service", Weibo of QQ mailbox issued a document saying that basic functions such as sending and receiving emails are completely unaffected, and the free capacity of 16GB mailbox can meet the needs of most users. Member services are introduced to meet some users with higher requirements, including capacity expansion services such as mailbox capacity of 2048G, transfer station capacity of 2048G, and a single oversized accessory of transfer station 10G, as well as value-added services such as 90-day validity period of oversized accessories of transfer station, online decompression and VIP email address. > > view details

On the evening of October 23, the official account of Huawei Group issued a statement saying that some of the so-called "Huawei will launch 10,000 6G mobile low-orbit satellites" from the media were purely rumors. The online rumor that "Huawei will launch 10,000 6G mobile low-orbit satellites" is purely a rumor. The rumor maker has no basis and makes much ado about nothing. The same information is spread on multiple platforms and accounts. Please don’t believe it, don’t pass it on, and report it decisively. > > view details

On October 23, "the whole department price plummeted" rushed to the top of the hot search. According to reports, the current 128GB version of 15/15 Plus is priced at 5198 yuan and 6098 yuan on individual e-commerce platforms, while its official website price is 5999 yuan and 6999 yuan respectively, which is more than that of 800 yuan. At the same time, the channel price difference between the two series of 256GB versions is generally around 800 yuan to 1000 yuan. > > view details

According to The Paper, it was learned from a number of people familiar with the matter that several core business leaders of PICO have recently left their posts and been transferred. In the first half of this year, Ren Lifeng, vice president of PICO, was actually in a state of resignation, and he was not responsible for the business management of PICO for a long time, but he still worked in the company. At present, Ren Lifeng’s status of "flying books" in ByteDance’s internal system is "asking for leave". According to informed sources, Ren Lifeng will officially leave his post at the end of this year. > > view details

Hurun Research Institute released the Hurun Rich List in 2023 on October 24th. Zhong Shanshan, a 69-year-old farmer from Nongfu Spring, became the richest man in China for the third time with 450 billion yuan. Tencent’s 52-year-old Ma Huateng’s wealth increased by 65 billion (30%) compared with last year, reaching 280 billion yuan, returning to the second place after 2020, up 3 places from last year; Pinduoduo’s 43-year-old Huang Zheng’s wealth increased by 100 billion yuan (59%) compared with last year. He is the entrepreneur with the largest increase in wealth on this year’s list. He entered the top three for the first time with 270 billion yuan, up seven places from last year. > > view details

Qualcomm held the Snapdragon Summit in the early morning of October 25th, and officially announced the Snapdragon 8 Gen 3 processor, which will become the flagship standard processor in 2024. According to Qualcomm, the performance of the new 8 Gen 3 is 30% higher than that of the previous generation, and the energy efficiency is 20% higher. It also provides 25% GPU performance improvement and 20% energy efficiency improvement. Adreno 750 GPU GPU supports hardware ray tracing and 240 FPS games. > > view details

In the early morning of October 25th, Apple announced the second autumn activity in 2023, which is scheduled to be held at 5:00 pm Pacific time on Monday October 30th, which is converted to 5: 00 am Beijing time on October 31st. The event in October is expected to focus on Mac series computer products, and Apple is expected to update iMac. > > view details

On October 25th, the General Office of the State Council issued a notice on the specific arrangements for the holidays of New Year’s Day, Spring Festival, Tomb-Sweeping Day, Labor Day, Dragon Boat Festival, Mid-Autumn Festival and National Day in 2024.

"Late Auto" reported on October 25th that all the salespeople in the international community will join Huawei’s wholly-owned subsidiary "Shenzhen Huitong Business Co., Ltd." and become Huawei’s supernumerary employees, and the renewal will be completed next year.

In this regard, Huawei and AITO Automobile both responded that the information was untrue. > > view details

According to CCTV news reports, on the morning of October 25th, the National Data Bureau was officially unveiled. The National Bureau of Data is responsible for coordinating and promoting the construction of data basic system, coordinating the integration, sharing, development and utilization of data resources, and coordinating the planning and construction of digital China, digital economy and digital society, which is managed by the National Development and Reform Commission. > > view details

At the new product launch conference on the evening of October 26th,Xiaomi 14 mobile phoneOfficially released, the machine adopts a 6.36-inch small screen, the narrowest vertical frame is 1.61mm, and it is designed with rounded corners. The glass version is 8.29mm thick and weighs 193g, and the nano leather version is 8.28mm thick and weighs 188g g. The specific price is as follows:

Xiaomi has launched a brand newXiaomi 14 Pro Cell phone. This phone is divided into three versions:

Other contents include:

The State Press and Publication Administration released the approval information of domestic online games in October 2023 on October 26th. It is found that games such as "Great Immortal Training Simulator" and "Sword Net 3 Boundless" are on the list, while Netease has a "Shooting Carving" that has passed the examination and approval, and Tencent has not reviewed any games this month. > > view details

According to the latest report released by Counterpoint Research, the sales volume of smart phone market in China in the third quarter of 2023 decreased by 3% year-on-year, which narrowed the year-on-year decline. It is believed that the market has bottomed out, releasing a signal of recovery.

According to statistics, thanks to the newly launched glory X50 and glory 90 mobile phones, glory leads the market with 18.3% market share. Driven by competitive promotion prices, sales of Redmi K and Note series are strong, with Xiaomi increasing by 5% year-on-year. > > view details

On October 26th, the Shenzhou 17 manned spacecraft successfully docked at the forward port of the space station and the core module, and three astronauts then entered the space station and the core module.

On the morning of October 26th, Shenzhou 17 was successfully launched. The Shenzhou 17 spacecraft docked with the forward port of the core module of China Space Station, forming a three-module Mifune assembly. After the handover with the Shenzhou 17 spacecraft crew, the Shenzhou 16 crew will return to Earth on October 31, ending the "business trip" in space for nearly half a year. > > view details

Previously, the online transmission of Weilai NIO Phone was OEM by OPPO, and the built-in system SkyUI was based on Meizu’s Flyme. Li Wei, the head of Weilai Drivers’ Internet, responded by saying, "I did talk to these two companies (OPPO and Meizu) about cooperation, but unfortunately, it didn’t succeed." > > view details

According to the foreign media "Hollywood Reporter", "Wandering Earth 2" has entered the exclusive streaming media service in Academy of Motion Picture Arts and Sciences, which means that the film will compete for the Best International Film Award in 2024 on behalf of China. > > view details

According to CCTV news reports, according to the scheduled plan, the crew of Shenzhou 16 astronauts will return to the Dongfeng landing site in the near future. On October 27th, the landing site has organized all search and rescue forces to launch the last comprehensive system-wide drill, including more than 10 search and rescue forces, 5 helicopters, and nearly 100 vehicles and equipment such as command vehicles, search vehicles, medical supervision and rescue vehicles and disposal vehicles. According to reports, all preparations are now ready, waiting for Shenzhou to go home. > > view details

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

1905 movie network news On December 8th, the red carpet ceremony for the closing ceremony of the 2nd Hainan Island International Film Festival was held in Sanya, Hainan, where outstanding Chinese and foreign filmmakers gathered together.

Xú Zhēng and Tao Hong, husband and wife, joined in love and walked down the red carpet.

Last year, Xú Zhēng won the leading actor of the year at Hainan Island Film Festival. This year, the film produced by him will be released on December 31 this year, which is warm for the New Year. The film directed and performed by him will also appear on the first day of the New Year’s Day, competing with other films on the same stage.

Lost in Russia is Xú Zhēng’s third "embarrassing" series of films, and it is also the first time that Xú Zhēng has brought his director’s works into the Spring Festival. He introduced that the competition for this Spring Festival is very fierce, and Lost in Russia is a film specially made for the New Year’s Day. I hope that the audience can walk into the cinema with their families to watch it.

The film tells the story of Ivan, a small boss played by Xú Zhēng, who was caught in a business dispute, but accidentally got on a train to Russia with his mother. During the trip, he had a fierce conflict with his mother, and at the same time he had to fight with his competitors. In order to finally arrive in Moscow, he had to overcome difficulties with his mother and face the problems he had been avoiding in his family life.

Xú Zhēng said that many people like to talk about their mothers now, but Lost in Russia wants to help the audience have a "love hug" with their mothers. Tao Hong described her and Xú Zhēng as "cats, mothers and mice" at home, and their education and treatment of their children were not as strict as those of traditional parents.