The movie "A Huge Future" premiered in Beijing, and Bao Beier praised Ming Dow for his dedication.

The Beijing News (Reporter Zhou Huixiao Wan) On May 15th, the film "A Huge Future" was premiered in Beijing, with director Jiang Xiaotong, actors Bao Beier and Ming Dow appearing. The film was exclusively released at the iQiyi Cloud Cinema on May 16th.

Film poster.

The movie "A Huge Future" tells an absurd and wonderful story about the survival of the Jedi that Ma Shang (Bao Beier) and four trapped people with different identities jointly carry out. The "survival group" composed of all people should not only find ways to get out of trouble, but also fight with a crocodile in a circus. The fusion of genre elements of disaster and comedy, and the collocation of actors with different styles such as Bao Beier and Ming Dow bring more attention to the film.

Director Jiang Xiaotong said that "The Future is Huge" is the first attempt to integrate the two types of disaster and comedy, bringing a new form of expression to the story of little people. Bao Beier praised Ming Dow for his dedication, while Ming Dow said that he was moved by the director’s creative ideas and accepted the film with intuitive trust. Pan Binlong praised the film for its ingenious thinking, reversal and echo, and felt many intentions in film creation. Ashton Chen, on the other hand, talked about his cooperation with the two leading actors. Both of them showed extraordinary skills in the action scenes in this film, and they had an excellent viewing experience.

Event site.

Editor Xu Meilin

Proofread Chen Biyan

The more grounded red flag SUV, the flag can be lit, and the red flag HS3 can be interpreted.

When it comes to domestic car companies, brands such as BYD, Geely and Great Wall will come to mind, but if we say that domestic car companies can compete with traditional luxury brands such as Mercedes-Benz and Audi in image, the red flag should be the only answer. Since the implementation of the new Hongqi brand strategy, Hongqi has been getting closer and closer to our ordinary consumers, and its models have attracted more young people with its luxurious and fashionable design style and low price. Not long ago, Hongqi HS3 officially debuted. What surprises will this luxury A-class SUV with both internal and external repairs bring? Let’s take a look.

At present, Hongqi HS3 offers four models with a guide price of 14.58-19.58 million yuan, with 1.5T and 2.0T power, and a 1.5T hybrid system will be provided in the future. Although the new car is positioned as an A-class SUV, the design standards of space, quality and power will be higher than those of ordinary cars of the same class. After all, it is a luxury A-class SUV for the public. Today, we will take the 2023 2.0T four-wheel drive as an example to interpret it.

(Red Flag HS5)

Look at the design part first. Some people say that the red flag HS3 is a small red flag HS5, because both of them adopt the latest family design language. From the front face, the two cars are indeed somewhat similar. For example, the classic flying wing design theme of Hongqi, with exaggerated size and square shape of the front air intake grille, supplemented by straight waterfall chrome trim, gives people the first impression that it is more solid and stable, which is what Hongqi models should look like. The headlights on both sides are not sloppy, and the flying wing decorative strips are cleverly inserted into the C-shaped daytime running lights. The turn signal is also a popular mobile design, which is quite eye-catching after lighting. In addition, it can also choose a flag lamp that can be lit to further increase the recognition of the vehicle.

From the perspective of length, width and height, Hongqi HS3 is only a standard A-class SUV, with the specific data of 4655*1900*1668mm, but the wheelbase has reached 2770mm, which is slightly outstanding, which determines that it has the potential to create more space. If we look at the standard of BBA at the same level, such as comparing Q3 and GLA, it is obvious that all dimensions of Hongqi HS3 will be dominant, and Hongqi HS3 also continues the performance that domestic cars are more kind than joint venture cars. The 1.5T model is equipped with 18-inch wheels, while the 2.0T model is equipped with 19-inch wheels, and the latter can also choose 20-inch blackened wheels.

(Red Flag H6)

The shape of the rear of the car is more similar to that of the red flag H6. For example, the same taillight group can be called the focus of the rear. Under the application of LED light source, it has a high recognition and design sense. However, the wide blackened lower surround also helps to improve the overall sports atmosphere, but it is not intuitive to create a sense of sports without adopting the central double exhaust like Hongqi H6.

Then we got into the car, and Hongqi HS3 continued to adopt the family classic design concept of embracing cockpit in the interior, with the central control screen as the central symmetry axis, and the two sides were sequentially unfolded to the side door panels, with a 12.3-inch full LCD instrument and a 12.6-inch central control large screen, showing a good scientific and technological atmosphere in a simple layout. Moreover, the surface of the center console is covered with soft materials, and the details are decorated with decorative strips and 253-color ambient lights. The fine workmanship is also worthy of the status of a luxury A-class SUV, and the four-wheel drive version will provide unique blue and black color matching, making it more fashionable.

In terms of configuration, although the top version price of Hongqi HS3 does not exceed 200,000, it is much richer than that of BBA cars of the same class. For example, L2 intelligent driving system, adaptive far and near light, openable panoramic sunroof, wireless charging of mobile phone, front seat heating and other configurations are applied to all models except the lowest one. The four-wheel drive version also has more induction tailgates, automatic parking, front seat ventilation, main driving memory, transparent chassis, 10-speaker Tanner audio and car fragrance system, and the AR-HUD augmented reality head-up display function is optional, so the overall configuration is at a good level among luxury brands of the same class.

Power is a highlight of Hongqi HS3. This model provides a 2.0T engine with a maximum power of 185kW(252Ps) and a maximum torque of 380N·m, and it is equipped with a four-wheel drive system. It only takes 6.9 seconds to accelerate 100 kilometers, which is excellent, but it also needs to pay the highest comprehensive fuel consumption of WLTC in the whole system of 7.5L/100km, while its low-equipped 1.5T model is slightly inferior in power.

Summary: Obviously, as the most representative of the independent luxury brand, everyone hopes that it will get better and better. The appearance of Hongqi HS3 really makes consumers see the progress of Hongqi brand again. If the design and configuration have sufficient advantages, the power and driving quality have also been improved. Facing Q3 and GLA, we still maintain strong competitiveness, and the key is a reasonable price, and the cost performance is worthy of applause.

The Ministry of Education responds to the "General-Vocational Diversion" in the senior high school entrance examination | Secondary vocational education will adjust its orientation and increase the op

       CCTV News:Recently, a representative member of the local two sessions suggested that "the diversion of general posts after the senior high school entrance examination should be cancelled", which aroused concern. At the press conference held by the Ministry of Education today (February 23), the relevant person in charge responded that "the separation of general education and vocational education" is necessary, and the diversified development of high school education is the development goal of high school education in China during the 14 th Five-Year Plan period. Secondary vocational education is an important part of high school education and shoulders the heavy responsibility of promoting the diversified development of high school education.

       Chen Ziji, Director of Vocational Education and Adult Education Department of Ministry of Education:The coordinated development of secondary vocational education and ordinary high school education can not only meet the learning needs of students with different endowments, but also provide a space and channel for diversified growth. At the same time, the development of secondary vocational education has made positive contributions to promoting employment expansion, promoting regional economic development and improving people’s livelihood. However, with the economic and social development and the improvement of people’s living standards, people’s demand for high-quality, universal high school education is constantly increasing. The Ministry of Education will actively promote all localities to rationally plan the enrollment scale of secondary vocational schools and ordinary high schools according to the degree of regional economic and social development and the needs of local industrial development. On the other hand, the most fundamental thing is to run secondary vocational education well, improve its own quality, and work hard on on-the-job general education.

       In fact, the social concern about the "separation of general education and vocational education" is mainly that students have no future once they enter vocational schools, and the society has always labeled vocational education as "inferior education" and "eliminated education". At today’s press conference of the Ministry of Education, Chen Ziji, director of the Department of Vocational Education and Adult Education, said that the two major tasks this year will focus on "improving quality" and "enhancing image".

       Chen Ziji, Director of Vocational Education and Adult Education Department of Ministry of Education:In the next step, we will take concrete measures to improve the quality of modern vocational education from the aspects of type characteristics, integration of production and education, school-enterprise cooperation, teaching reform and brand building, so as to effectively improve the quality of vocational education. On the basis of improving quality, we should change the stereotype of vocational education in society, enhance its attractiveness, let parents choose vocational education, let employers rely on vocational education, and gradually form a social atmosphere of "choosing vocational education when going to school, upgrading skills and looking for vocational education", establish a good reputation of vocational education, and make vocational education have a head start, hope and expectation.

Chen Ziji, director of the Department of Vocational Education and Adult Education of the Ministry of Education, also said that this year, the conditions for running secondary vocational education will be improved and the channels for further studies will be unblocked. At the same time, the orientation of secondary vocational education will be adjusted from "employment-oriented" to "paying equal attention to employment and further studies".

Chen Ziji, Director of Vocational Education and Adult Education Department of Ministry of Education:Secondary vocational education is the starting point, not the end point, of vocational education, which promotes the diversified development of secondary vocational schools, changes from "employment-oriented" to "paying equal attention to employment and further education", pays special attention to further education in line with the characteristics of vocational education, strengthens cultural basic education on the basis of ensuring the quality of students’ technical skills training, expands the scale of through training, opens up the growth space of secondary vocational students, and enables secondary vocational students to have the ability to find jobs, have advantages in further education and have channels for development.

In addition, the layout will be optimized, and the "empty, small, scattered and weak" schools will be integrated through measures such as cancellation, merger, transformation, trusteeship, land replacement and group running, and the layout structure of secondary vocational education will be optimized. We will also work with relevant departments to implement the "Project to Meet the Standards for Running Secondary Vocational Schools", comprehensively check the basic conditions for running secondary vocational schools, and achieve the basic standards for school teaching conditions in 2023.

At the same time, the implementation of the "quality secondary vocational schools and professional construction plan", focus on building a number of high-quality secondary vocational schools and brand majors with demonstration and leading role, with 3-mdash; In five years, about 1,000 state-level high-quality secondary vocational schools will be built, which will lead the overall management of secondary vocational education to be standardized and qualified, and guide parents to make rational choices.

The latest hot spot of the first international medical quality and safety summit forum will be out if you don’t know it!

The latest information of the first international medical quality and safety summit forum has just come out!

Food is the first necessity of the people.

Medical treatment is based on quality.

The importance of medical quality is self-evident

Don’t miss it when you pass by

Let’s take a look at the feast of the first international medical quality and safety summit forum!

Take a look and count the delicious food.

Qionghai city-Jiaji Duck

Wenchang City-Wenchang Chicken

Wanning City-East Goat

Wanning City-Hele Crab

Four famous dishes in Hainan. Shh! Don’t tell him/her.

Emmmm··· ···

Accidentally xiaobian’s nature was exposed.

Without further ado, get down to business.

Foreign guests have been grandly introduced in the last issue.

What are the big coffees in China?

Have you been itching to wear the anxious heart?

Don’t worry, watch me come together.

Attention, high energy ahead! ! !

The latest team of "Hot Spots+Big Coffee"

It definitely dazzles you.

Let’s start with a basic appetizer

[1]

Focus on "grass roots" and "foundation"

Basic medical care-the key to hospital survival

(Guests are arranged in order of appearance)

| Han Guangshu |

Vice Chairman of China Pharmaceutical Quality Management Alliance

Dean of Nanjing Gulou Hospital affiliated to Nanjing University School of Medicine

| Liu Tingfang |

Chairman of China Hospital Quality Management Alliance

Founder of Tsinghua University Hospital Management Research Institute

ISQua global top 100 expert database experts

| Liu Jilan |

HIMSS Vice President and Executive Director of Greater China

| Fan Shaofei |

Chairman and CEO of Ping An Wanjia Medical Investment Management Co., Ltd.

| Qiu Wenda |

Chairman of the International Academic Committee of Tsinghua University Hospital Management Research Institute

Chief Executive Officer of AMHC Medical Group, USA

[2]

A time will come to ride the wind and cleave the waves,I’ll set my cloud-like sail to cross the sea which raves.

Looking back on the past and looking forward to the future.

Medical quality: Where do you come from? Where will you go?

| Qiao Jie |

Vice Chairman of China Hospital Quality Management Alliance

Academician of Chinese academy of engineering

Dean of Peking University Third Hospital

| Huang Zuhu |

Vice Chairman of China Hospital Quality Management Alliance

President of Jiangsu Provincial Hospital Association

| Zhao Hong |

President of Health Media

CEO of Huamei Kangxun Information Technology Co., Ltd.

| Kang Feiyu |

Deputy Secretary-General Tsinghua University and Dean of Shenzhen Graduate School.

Founder of Tsinghua University Hospital Management Research Institute

| Zhang Zongjiu |

National Health Commission (NHS)

| Liu Qian |

President of China Hospital Association

Former Deputy Director of the State Health Planning Commission

| Huang Jiefu |

Dean of Tsinghua University Hospital Management Research Institute

[3]

Tell the world loudly

Achievements and achievements of medical quality development in China.

Pack your bags so that we can be better prepared.

| Chen Hu |

Vice Chairman of China Hospital Quality Management Alliance

Director, Ethics Construction Division, National Health and Family Planning Commission, Medical Administration and Hospital Authority


| Liu Guoen |

Chairman of Academic Committee of National Development Research Institute

Deputy Director, Department of Economics and Management, Peking University

Director of chinese health economics Research Center of Peking University.

| Wang Weilin |

Vice Chairman of China Hospital Quality Management Alliance

Dean of the First Affiliated Hospital of Zhejiang University

[4]

Thinking …

Strengthen …

Promotion …

Rome was not built in a day.

We need to work harder in the future.

| Shi Zhaorong |

Former President of Nanjing General Hospital of China People’s Liberation Army

Deputy Director of the Military Medical Quality Management Expert Committee

Vice President of Jiangsu Medical Association

| Shi Bingyin |

Vice Chairman of China Hospital Quality Management Alliance

Dean of the First Affiliated Hospital of Xi ‘an Jiaotong University

| Qian Juying |

Vice President of Zhongshan Hospital affiliated to Fudan University

| Li Weimin |

Vice Chairman of China Hospital Quality Management Alliance

Dean west china hospital.

| Zhu Huadong |

Vice Chairman of China Emergency Quality Control Alliance

Deputy Director of Emergency Department of Peking Union Medical College Hospital

[Wu]

The first international medical quality and safety summit forum and QCC competition were held simultaneously.

Double-chime will bring double shock.

| An Ping |

Vice Chairman of China Hospital Quality Management Alliance

President of Sichuan Provincial Hospital Association

| Li Heping |

Vice Chairman of China Hospital Quality Management Alliance

President of Shanxi Provincial Hospital Association

| Li Xingang |

Vice Chairman of China Hospital Quality Management Alliance

Dean of Qilu Hospital of Shandong University

Vice President of Neurosurgeon Branch of Chinese Medical Doctor Association

| Gu Jianqin |

Vice Chairman of China Hospital Quality Management Alliance

President of Henan Provincial Hospital Quality Management Association

Dean of Henan Provincial People’s Hospital

Land

Criticism and encouragement go hand in hand.

Today’s achievements are the driving force for tomorrow.

| Xue Lei |

Vice Chairman of China Hospital Quality Management Alliance

Vice President of Tsinghua University Hospital Management Research Institute

| Bai Zhiqin |

President of Hainan Provincial Hospital Association

| Du Kelin |

Vice President of China Hospital Association

President of Yunnan Provincial Hospital Association

The first international summit forum on medical quality and safety &QCC Competition was co-sponsored by China Hospital Quality Management Alliance, International Medical Quality Association (ISQua), Tsinghua University Hospital Management Research Institute and health media. With QCC (International) Competition as the carrier, it attracted dozens of international top experts and domestic top hospital presidents and other important guests to share the basic principles of medical quality improvement. With the latest idea of improving quality and safety, the forum helps the Chinese medical quality management model to go global, broadens the horizons for hospital managers in medical quality management, and provides a powerful model with reference value.

Important activities will also be held at the same time, such as 2018 Boao Health Summit, Investment and Financing Forum of Entropy Medical Care, China Social Medical Conference, China Medical Innovation Summit & Competition, 21st Century Hospital Dean Forum & China Hospital Management Case Selection, Healthy China and Industrial Development Summit Forum, and Entropy Meeting-Medical Innovation Exhibition and Experience.

In April 2018, Boao met with you!

The schedule is as follows:

The film "Extreme Earthquake Zone" officially launched the old drama bone Bai Hongbiao to join.

1905 movie network news Recently, the global press conference and launching ceremony of 3D disaster cinema film was held in Beijing. Director and screenwriter Hao Ping attended the ceremony with the creative team starring Bai Hongbiao.

The film mainly tells the story that after the Wenchuan earthquake, the people’s army took "disaster is the command, time is life" as the code of action, and rushed to the disaster area from all directions at the first time, cooperating with the local government, the public security and the survivors of the robbery to rescue the affected people together, highlighting the touching story that 15 elite airborne troops overcame many difficulties and parachuted into the earthquake center to investigate the situation and launch a desperate rescue.

Years of precipitation have cast a good play bone, which has been invited by the director continuously.


At the press conference, Bai Hongbiao appeared as the star of this film and a guest representative of the literary and art circles. He also announced that he played one of the 15 Chinese Air Force airborne soldiers who risked their lives to skydive in the Wenchuan earthquake relief. Bai Hongbiao showed a strong willingness to participate in this film and play the role of a disaster relief warrior.

Conference site

Previously, Bai Hongbiao became an instant hit because he played Han Yueping, the yellow-haired boy around Sun Honglei in the TV series. Later, he played Liu San, the thief in Snow Leopard. He was brave and resourceful, and put on a good show for defending the country. Especially in 2013, Bai Hongbiao was nominated for the Golden Eagle Award for Best Supporting Actor for his successful portrayal of a sophisticated, shrewd and wise Laowu. Bai Hongbiao resonated with the public with his little people’s joys and sorrows, and walked out of his own deductive style.

Hao Ping, the screenwriter and director of the film "Extreme Earthquake Zone", received excellent praise after watching "A Generation of Lean Men" starring Bai Hongbiao, saying that in the play, only a few shots can show the perfect acting performance of the actor, so he strongly invited him to play.

Playing a positive role for the first time, the contrast is great, and strive to break through and interpret a multifaceted life.


The film "Extreme Earthquake Zone" is expected to start in January 2019 and be released on May 12, 2020. As a film and television work that spreads positive energy, it vividly shows the touching deeds of the officers and men of the army who are brave and selfless in rescuing the affected people, especially the heroic deeds of the fifteen warriors of the airborne troops in the play, which promotes the core values of socialism and spreads positive energy in society.

This film is not only the "debut" of director Hao Ping, but also subverts Bai Hongbiao’s villain role in previous dramas, and plays the positive role of disaster relief hero for the first time. He said that it is an opportunity and a fate to cooperate with director Hao Ping this time. This role is very different from his previous roles, which can be said to be a gorgeous turn and transformation. I believe everyone will see a different Bai Hongbiao.

Rules for Supervision and Discipline of Discipline Inspection Organs in communist party, China (for Trial Implementation)

  Chapter I General Principles

  Article 1 These Rules are formulated in accordance with the Constitution of the Communist Party of China and combined with work practice for the purpose of strictly administering the Party in an all-round way, maintaining the Party’s discipline and standardizing the supervision and discipline of the discipline inspection organs.

  Article 2 Under the guidance of Marxism–Leninism, Mao Zedong Thought, Deng Xiaoping Theory, Theory of Three Represents and Scientific Outlook on Development, the work of supervision and discipline should thoroughly implement the spirit of the series of important speeches by the Supreme Leader General Secretary, adhere to the principle of governing the party and discipline according to the rules, put the power of supervision and discipline into the system cage, and implement its own hard requirements while the iron is hot, so as to build a team of loyal and clean discipline inspection cadres.

  Article 3 The supervision and discipline work shall follow the following principles:

  (1) Adhere to the centralized and unified leadership of the CPC Central Committee with the Supreme Leader as the core, firmly establish political awareness, overall awareness, core awareness and conformity awareness, reflect the political nature of supervision and discipline, and strictly abide by political discipline and rules;

  (two) adhere to the dual leadership system of discipline inspection, supervision and discipline work is dominated by the leadership of the discipline inspection commission at the next higher level, and the clue disposal and filing review must be reported to the discipline inspection commission at the same level;

  (three) adhere to the facts as the basis, the party discipline as the criterion, grasp the policy, temper justice with mercy, learn from the past and save lives;

  (four) adhere to the trust can not replace supervision, strict working procedures, effective control of risk points, strengthen supervision and control of all aspects of supervision and discipline.

  Article 4 Supervision and discipline work should put discipline ahead, grasp the relationship between "trees" and "forests", and use the "four forms" of supervision and discipline to make "blushing and sweating" become the norm; Disciplinary punishment and organizational adjustment have become the majority of disciplinary actions; The party discipline has been severely punished and major job adjustments have become a minority; Serious violations of discipline and suspected illegal filing for review have become very few.

  Article 5 Innovate the organizational system, and establish a working mechanism in which discipline supervision, discipline review and case trial are coordinated and mutually restricted. The Municipal Commission for Discipline Inspection at or above the prefecture level can explore the separation of discipline supervision and discipline review departments. The discipline supervision department is responsible for contacting the daily supervision of regions and departments, and the discipline review department is responsible for preliminary verification and filing review of violations; The case supervision and management department is responsible for comprehensive coordination, supervision and management, and the case trial department is responsible for auditing and checking.

  Chapter II Leadership System

  Article 6 The supervision and discipline work shall be carried out in a graded responsibility system:

  (1) The Central Commission for Discipline Inspection accepts and examines violations of discipline by members of the Central Committee, alternate members of the Central Committee, members of the Central Commission for Discipline Inspection, leading cadres of party member under the central management, and party groups (party committees) established with the approval of the Party Central Committee, party committees and discipline inspection committees of all provinces, autonomous regions and municipalities directly under the Central Government.

  (II) The local disciplinary inspection committees at all levels accept and examine the disciplinary problems of Party members and alternate members at the same level, members of the Disciplinary Committee at the same level, party member cadres managed by Party committees at the same level, and party groups (party committees) approved by Party committees at the same level, and party committees and disciplinary committees at the next lower level.

  (3) The grass-roots commission for discipline inspection accepts and examines party member, who is managed by the Party Committee at the same level, and the disciplinary problems of Party organizations at all levels under the Party Committee at the same level; The party’s grass-roots committees that have not set up discipline inspection committees are responsible for supervising the work of discipline.

  Seventh of the party’s organizational relationship in the local, cadre management authority in the competent department of party member cadres, should be in accordance with the principle of who is in charge of who is responsible for supervision and discipline, and timely notify the other party.

  Article 8 The discipline inspection organ at a higher level has the right to designate the discipline inspection organ at a lower level to conduct disciplinary review on the disciplinary problems of Party organizations and party member cadres under the jurisdiction of other discipline inspection organs at a lower level, and may also conduct disciplinary review directly when necessary.

  Article 9 The system of asking for instructions and reporting shall be strictly implemented. For important matters such as making a decision to file a case for examination and giving disciplinary sanctions, the discipline inspection organ shall ask for instructions and report to the Party committee (party group) at the same level and report to the superior discipline inspection commission, and then formally ask for instructions after forming a clear opinion. In case of important matters, it should be reported in time, not only the results but also the process.

  Adhere to democratic centralism, clue disposal, conversation and inquiry, preliminary verification, case filing review, case trial, and disposal of important issues in execution shall be reported to the principal responsible person and relevant responsible person of the discipline inspection organ for approval after collective research.

  Article 10 The case supervision and management department of the discipline inspection organ shall be responsible for the supervision and management of the whole process of supervision and discipline, and perform the functions of clue management, organization and coordination, supervision and inspection, supervision and handling, and statistical analysis.

  Eleventh agencies should strengthen the supervision and discipline of the discipline inspection team stationed in the leadership, often listen to the work report. The stationed discipline inspection team shall, in accordance with the relevant provisions and the authorization of the dispatched office, carry out supervision and discipline work on the party organizations and cadres in party member of the supervised unit. Important issues shall be reported to the dispatched office for instructions, and when necessary, it may be notified to the party organizations of the supervised unit.

  Chapter III Clue Disposal

  Article 12 The complaint reporting department of the discipline inspection organ accepts complaints and reports of party organizations managed by Party committees at the same level and cadres in party member who violate the Party discipline, uniformly receives relevant complaints and reports submitted by the discipline inspection commission at the next lower level and the discipline inspection team stationed there, and transfers them to the case supervision and management department after classification and summary.

  Clues to related problems found by discipline supervision departments, discipline review departments and cadre supervision departments shall be sent to the case supervision and management departments for the record if they are within the scope of acceptance of this department; If it is not within the scope of acceptance of this department, it will be transferred to the case supervision and management department after approval, and it will be transferred to the relevant supervision and discipline departments according to the procedures.

  The case supervision and management department uniformly accepts the clues related to the transfer of patrol institutions and audit institutions, administrative law enforcement organs, judicial organs and other units.

  Article 13 The discipline inspection organ shall report to the discipline inspection organ at a higher level the problems and clues that reflect the members of the Party Committee at the same level, the Standing Committee of the Discipline Inspection Commission, and the principal leaders of the regions and departments under its jurisdiction.

  Fourteenth case supervision and management departments to implement centralized management, dynamic update, regular summary and check, put forward the opinions of the branch office, reported to the principal responsible person of the discipline inspection organ for approval, and transferred to the undertaking department according to the procedures. The undertaking department shall designate a special person to be responsible for the management of problem clues, register one by one, and establish a management ledger. All links of clue management and disposal must be signed by the handlers and registered for future reference.

  Fifteenth discipline inspection organs shall, according to the needs of the work, hold special meetings on a regular basis, listen to the comprehensive report of the problem clues, make analysis and judgment, conduct in-depth research on important reporting matters and areas that reflect the concentration of problems, and put forward disposal requirements.

  Article 16 The undertaking department shall, in combination with the overall situation of the regions, departments and units involved in the problem clue, make a comprehensive analysis and deal with it in four ways: conversation and inquiry, preliminary verification, temporary storage pending investigation and closure.

  The disposal of clues shall not be delayed and overstocked, and the disposal opinions shall be put forward within 30 days from the date of receiving the problem clues, and the disposal plan shall be formulated and the examination and approval procedures shall be fulfilled.

  Article 17 The undertaking department shall regularly summarize the handling of clues and timely notify the case supervision and management department. The case supervision and management department regularly summarizes and checks the clues of problems and the disposal situation, and reports to the main person in charge of the discipline inspection organ.

  All departments should do a good job in the filing of clues, and the filing materials should be complete, indicating the instructions of the leaders and the disposal process.

  Chapter IV Conversation and Inquiry

  Eighteenth to deal with the problem clues by way of conversation and inquiry, it should draw up a conversation and inquiry plan and related work plan, and submit it for approval according to the procedures. The principal responsible person of the Party committee (party group) at the next lower level who needs to talk and consult shall be reported to the principal responsible person of the discipline inspection organ for approval, and if necessary, report to the principal responsible person of the Party committee at the same level.

  Nineteenth conversations should be conducted by the relevant person in charge of the discipline inspection organ or the principal responsible person of the undertaking department, and can be accompanied by the principal responsible person of the party Committee (party group) or the discipline inspection commission (discipline inspection group) where the interviewee is located; Upon approval, it can also be entrusted to the principal responsible person of the party Committee (party group) where the interviewee is located.

  A work record shall be formed during the conversation, and a written explanation shall be written by the interviewee as appropriate after the conversation.

  Twentieth letters should be sent to the respondent in the name of the general office (room) of the discipline inspection organ, and copied to the main person in charge of the party Committee (party group) where it belongs. The respondent shall, within 15 working days after receiving the letter, write the explanatory materials, and send a letter to reply after the main person in charge of the party Committee (party group) where he belongs signs the opinions.

  If the respondent is the principal responsible person of the Party Committee (Party Group), or the explanation given by the respondent involves the principal responsible person of the Party Committee (Party Group), it shall directly reply to the discipline inspection organ that sent the letter.

  Twenty-first conversation and inquiry work should be completed within 30 days after the end of the conversation or the receipt of the reply to the inquiry, and the undertaking department should write a report on the situation and submit it for approval. Make corresponding treatment according to different situations:

  (a) reflect the untrue, or there is no evidence to prove that there is a problem, to be settled and clarified;

  (two) the problem is minor, and it is not necessary to investigate the responsibility of the party discipline, and it is handled by means of conversation reminding, criticism and education, ordering inspection, and admonishing conversation;

  (three) reflect the problem is more specific, but the person who is reflected denies it, or that there are obvious problems, it shall talk again or make a preliminary verification.

  Conversation and inquiry materials shall be deposited in personal integrity files.

  Chapter V Preliminary Verification

  Twenty-second to deal with the problem clues by means of preliminary verification, a work plan shall be formulated, a verification team shall be established, and the examination and approval procedures shall be performed. If the person being verified is the principal responsible person of the Party Committee (Party Group) at the next lower level, the discipline inspection organ shall report to the principal responsible person of the Party Committee at the same level for approval.

  Article 23 Upon approval, the verification team may take necessary measures to collect evidence, talk with relevant personnel to understand the situation, ask relevant organizations to make explanations, obtain personal reports on relevant matters, consult copied documents, accounts, files and other materials, check assets and relevant information, and conduct appraisal and inspection.

  If it is necessary to take measures such as technical investigation or exit restriction, the discipline inspection organ shall strictly perform the examination and approval procedures and submit them to the relevant authorities for implementation.

  Article 24 After the initial verification, the verification team shall write a report on the initial verification, listing the basic information of the verified person, the main problems reflected, the basis for handling, the results of the initial verification, the existing doubts and suggestions for handling, which shall be signed by all the personnel of the verification team for future reference.

  The undertaking department shall comprehensively analyze the initial nuclear situation, and put forward disposal suggestions in accordance with the proposed filing review, closing, conversation reminder, temporary pending investigation, or transfer to the relevant party organizations for handling.

  The initial nuclear report shall be submitted to the principal responsible person of the discipline inspection organ for examination and approval, and if necessary, it shall be reported to the principal responsible person of the party Committee (party group) at the same level.

  Chapter VI Filing Review

  Twenty-fifth after preliminary verification, if there is a serious violation of discipline that needs to be investigated for party discipline responsibility, it shall be filed for review.

  Anyone who applies for approval to file a case should have mastered some facts and evidence of violation of discipline and have the conditions for review.

  Twenty-sixth to meet the conditions for filing, the undertaking department shall draft a report for filing and examination, which shall be approved by the principal responsible person of the discipline inspection organ and reported to the principal responsible person of the party Committee (party group) at the same level for approval.

  The main person in charge of the discipline inspection organ presided over a special meeting on discipline review, studied and determined the review plan, and put forward the review measures that need to be taken.

  The decision to file a case for review shall be notified to the principal of the party Committee (party group) where the person under review is located. If a person suspected of committing a serious violation of discipline is examined, he shall notify the relatives of the person under examination within 24 hours.

  If a serious violation of discipline is suspected of committing a crime and is subject to organizational review, it shall be publicly released to the public.

  Article 27 The principal responsible person of the discipline inspection organ approves the examination plan.

  The relevant person in charge of the discipline inspection organ approved the establishment of a review team, determined the review talk plan and the external investigation plan, and approved the important information inquiry and the disposal of the money and materials involved.

  The main person in charge of the discipline review department studied and put forward the review talk plan, external investigation plan and disposal opinions, approved the general information inquiry, and checked the investigation and evidence collection.

  The leader of the review team shall strictly implement the review plan and shall not change it without authorization; Report the progress of the review in written form, and ask for instructions in time in case of important matters.

  Article 28 The review team may, in accordance with relevant laws and regulations, conduct investigation and talk with relevant personnel upon examination and approval, consult and copy relevant documents and materials, inquire about relevant information, temporarily detain, seal up and freeze the money and materials involved, and request the relevant authorities to take technical investigation, exit restriction and other measures.

  The review time shall not exceed 90 days. Under special circumstances, it may be extended once with the approval of the discipline inspection organ at the next higher level, and the extension time shall not exceed 90 days.

  Need to draw the assistance of the relevant authorities, by the case supervision and management departments to handle the formalities, and check the situation at any time, to prevent unauthorized expansion, extension of the time limit.

  Twenty-ninth review talks, the implementation of review measures, investigation and evidence collection and other matters, must be jointly carried out by two or more discipline personnel. Talking with the person under review and important persons involved in the case, conducting important external investigation and obtaining evidence, temporarily detaining and sealing up the money and materials involved in the case should be based on the personnel of this organ. If it is really necessary for seconded personnel to participate, they are generally arranged to engage in auxiliary work.

  Thirtieth after filing a case for examination, the relevant person in charge of the discipline inspection organ shall talk with the auditee, announce the decision to file a case, explain the party’s policies and disciplines, and ask the auditee to correct his attitude and cooperate with the investigation.

  During the period of review, the auditee was commensurate with his comrades, arranged to study the party rules and regulations of party constitution, and through in-depth and meticulous ideological and political work, he was urged to reflect deeply, recognize mistakes, explain problems, and write confession and reflection materials.

  The examination shall fully listen to the statements of the auditees, ensure their diet, rest and provide medical services. It is strictly forbidden to use means that violate the party rules and regulations of party constitution and the national laws, and it is strictly forbidden to insult, abuse, abuse, corporal punishment or corporal punishment in disguised form.

  Thirty-first external inspection work must be carried out in strict accordance with the external inspection plan, and it is not allowed to expand the scope of investigation or change the objects and items of investigation at will, and important matters should be reported in time.

  During the external inspection, the disciplined personnel shall not personally contact any person involved in the case and their specific related persons, take investigation measures without authorization, or engage in activities unrelated to the external inspection.

  Article 32 Evidence shall be collected and identified in strict accordance with regulations, so as to be comprehensive and objective, and a mutually corroborating, complete and stable chain of evidence shall be formed.

  The investigation and evidence collection shall collect the original materials, count them one by one, register them on site, and be signed and sealed by the personnel present; An investigation conversation shall be made on the spot and signed by the interviewee after reading it. The obtained evidence must be submitted to the review team for unified custody in time.

  It is strictly forbidden to collect evidence by threats, temptations, deception and other illegal ways; It is strictly forbidden to conceal, destroy, tamper with or forge evidence.

  Thirty-third withheld, sealed, frozen and handed over the money and materials involved, should strictly fulfill the examination and approval procedures.

  When the measures of withholding and sealing up are implemented, the disciplined personnel shall, together with the original money and materials holders or custodians and witnesses, take photos, register and number one by one in person, fill in the registration form on the spot and sign it by the personnel present. Items of unknown value shall be identified in time and specially sealed and kept.

  The discipline inspection organ shall set up special accounts and special places, determine special personnel to keep the money and materials involved, strictly perform the handover and transfer procedures, and conduct regular reconciliation and verification. It is strictly forbidden to possess and dispose of the money and goods involved and their fruits without permission.

  Thirty-fourth review conversations, important investigation conversations, and investigation and evidence collection links such as withholding and sealing the money and materials involved should be recorded and recorded throughout the process. Audio and video materials shall be kept by the case supervision and management department and the review team respectively and checked regularly.

  Article 35 Without approval and going through the relevant formalities, the auditee or other interviewees shall not be taken away from the specified conversation place, and the auditee or important investigation conversation shall not be conducted in the place without monitoring equipment, and the audio and video recording equipment shall not be turned off during the conversation.

  Article 36 The principal responsible persons and leaders in charge of the discipline review department shall regularly check the audio and video recordings, conversation notes and registration forms of money and materials involved during the review period, and correct and report any problems found in time.

  Thirty-seventh after finding out the facts of violation of discipline, the review team shall write the facts of violation of discipline, meet with the person under review and listen to opinions. Require the person under review to sign opinions on the facts of violation of discipline, and if he signs different opinions or refuses to sign opinions, the review team shall make an explanation or indicate the situation.

  At the end of the review, the review team shall discuss collectively and form a review report, which shall list the basic situation of the person under review, the source of the problem clue and the basis for review, the review process, the main facts of violation of discipline, the attitude and understanding of the person under review, the suggestions for handling and the party discipline basis, and shall be signed by the leader of the review team and relevant personnel.

  A special report shall be formed on the important issues and opinions and suggestions found in the process of discipline review.

  Thirty-eighth review reports, confession and reflection materials, disciplinary facts, money and materials involved in the case shall be submitted to the principal responsible person of the discipline inspection organ for approval, together with all evidence and procedural materials, and transferred to trial in accordance with regulations.

  The materials formed in the whole process of review shall be filed after the case is completed.

  Chapter VII. Deliberation

  Article 39 The case hearing department of the discipline inspection organ shall examine and deal with cases in which the Party organization and party member violate the Party discipline and should be given disciplinary treatment or punishment in accordance with the provisions, and cases for reconsideration and review.

  The trial shall be conducted in strict accordance with the rules and regulations, and opinions on disciplinary treatment or punishment shall be put forward, so that the facts are clear, the evidence is conclusive, the nature is accurate, the treatment is appropriate, the procedures are complete and the procedures are in compliance.

  Adhere to the separation of examination and trial, and the examiners shall not participate in the trial.

  Article 40 The trial shall be conducted in accordance with the following procedures:

  (a) after receiving the review report, the case hearing department shall set up a hearing group composed of two or more people to comprehensively hear the case files and put forward the hearing opinions.

  (two) for major, complex and difficult cases, the discipline review department has found out the main facts of violation of discipline and put forward tendentious opinions; Or if there are great differences on the nature of the disciplinary action, it may be involved in the trial in advance upon approval.

  (three) adhere to the collective deliberation, and form opinions on the basis of democratic discussion; If there is a big dispute, it shall be reported in time, and a decision shall be made after reaching an agreement. The trial department shall, according to the trial of the case, talk with the person under review, check the facts of violation of discipline, listen to the defense opinions and understand the relevant situation.

  (four) the main facts are unclear and the evidence is insufficient. With the approval of the main person in charge of the discipline inspection organ, it will be returned to the discipline inspection department for re-investigation; If it is necessary to supplement and improve the evidence, with the approval of the relevant person in charge of the discipline inspection organ, it can be returned to the discipline inspection department for a replacement certificate.

  (five) after the trial, a trial report is formed, which lists the basic situation of the person under review, the source of clues, the facts of violation of discipline, the money and materials involved, the opinions of the examination department and the opinions of the trial. The trial report should reflect the characteristics of inner-party review, identify the nature of the facts of violation of discipline according to the Regulations on Disciplinary Actions in the Communist Party of China (CPC), analyze the wrong nature of the auditee’s violation of party constitution and deviation from the nature and purpose of the party, and reflect the process of his attitude, understanding and ideological transformation.

  If disciplinary action is given to members of the Party Committee, alternate members and members of the Commission for Discipline Inspection at the same level, they shall communicate with the Commission for Discipline Inspection at a higher level before deliberation by the Party Committee at the same level and form a handling opinion.

  The trial shall be completed within 30 days from the date of acceptance, and major and complex cases may be extended appropriately upon approval.

  Article 41 After the trial report is submitted to the principal responsible person of the discipline inspection organ for approval, it shall be submitted to the meeting of the Standing Committee of the Discipline Inspection Commission for deliberation. If it needs to be reported to the Party Committee at the same level for examination and approval, it shall solicit the opinions of the organization department of the Party Committee at the same level and the Party Committee (party group) where the auditee is located in the name of the general office (room) before the approval.

  After the decision on punishment is made, it shall notify the Party Committee (Party Group) where party member is punished, send a copy to the Party Committee organization department at the same level, and announce it to all party member and himself in the grass-roots organization of his party within 30 days. The implementation of the punishment decision shall be reported in a timely manner.

  Article 42 If the person under review is suspected of committing a crime, the case supervision and management department shall coordinate the transfer to judicial organs. The disciplinary review department shall, within 7 working days from the date of notifying the judicial organ, complete the transfer work.

  After the case is transferred to the judicial organ, the disciplinary review department shall follow up and understand the disposal situation, report the problems found in time, and shall not interfere with the disposal work in violation of regulations.

  After the completion of the trial, other clues about party member and cadres involved shall be promptly transferred to the relevant discipline inspection organs for disposal upon approval.

  Article 43 The money and property obtained by the auditee in violation of discipline shall be confiscated, recovered, ordered to make restitution or registered and handed in according to the rules and regulations.

  Money and property suspected of criminal gains shall be transferred to judicial organs along with the case.

  Those who are found not to belong to disciplinary income shall be returned according to the law after the case is concluded, and the signing formalities shall be handled.

  Forty-fourth complaints against the decision of punishment shall be accepted by the party Committee or the discipline inspection organ that approved the punishment; If reconsideration is needed, it shall be accepted after approval by the relevant person in charge of the discipline inspection organ.

  The complaint handling department shall set up a review team to access the original case file, and if necessary, it may investigate and collect evidence. After collective research, it shall put forward handling opinions, report to the relevant person in charge of the discipline inspection organ for approval or the meeting of the Standing Committee of the Discipline Inspection Commission for research and decision, and make a reconsideration and review decision. The decision shall be informed to the complainant, copied to the relevant units, and announced within a certain range.

  Adhere to the separation of reconsideration and review, and the original case review and trial personnel shall not participate in reconsideration and review.

  The reconsideration work shall be completed within 90 days.

  Chapter VIII Supervision and Administration

  Forty-fifth discipline inspection organs should strictly follow the "Regulations on Inner-Party Supervision in the Communist Party of China (CPC)", strengthen self-supervision, improve the internal control mechanism, and consciously accept inner-party supervision, social supervision and mass supervision to ensure that power is strictly restricted.

  The discipline inspection organ shall strictly enforce the cadre admission system and political security, and the personnel who supervise and discipline must be loyal to the party, loyal to their duties, dare to take responsibility, strictly observe discipline, and have the basic conditions for performing their duties.

  The discipline inspection organ shall strengthen the leadership over the work of supervision and discipline, strictly educate, manage and supervise, and earnestly fulfill the main responsibility of self-construction.

  The review team should set up a temporary party branch, strengthen the education and supervision of the members of the review team, carry out policy and theoretical study, do a good job in ideological and political work, find problems in time, criticize and correct them, and play the role of a fighting fortress.

  Forty-sixth of the discipline inspection cadres to inquire about the case, ask questions, intercede, the trustee shall report to the review team leader, discipline review department is mainly responsible for registration.

  If it is found that the members of the review team contact the person under review, the persons involved and their specific related persons without approval, or there are communication situations, they shall report to the leader of the review team, the principal responsible person of the discipline review department and the principal responsible person of the discipline inspection organ in a timely manner and register for the record.

  Forty-seventh strict implementation of the challenge system. If the examiner is a close relative, major witness or interested party of the censor or the prosecutor, or there are other circumstances that may affect the fair review and trial, he shall not participate in the relevant review and trial work, and shall take the initiative to apply for withdrawal. The censor, the prosecutor and other relevant personnel also have the right to ask him to withdraw. When selecting seconded personnel, nurses and examination places, the withdrawal system shall be strictly implemented.

  Forty-eighth review team needs to be seconded, generally from the review talent pool, the discipline inspection organ shall organize the department to go through the formalities, and one case shall be borrowed, and it shall not be seconded for many times in a row. Strengthen the management and supervision of seconded personnel, and the review team will write the appraisal after the secondment. Seconded units and leading cadres shall not interfere with the post adjustment and promotion of seconded personnel.

  Forty-ninth strict implementation of the confidentiality system, control the scope and time of knowledge of the review work, are not allowed to keep, conceal, consult, extract, copy, carry clues and information involved, and it is strictly forbidden to disclose the review work.

  During the work of the review team members, they should use special mobile phones, computers, electronic equipment and storage media, implement numbering management, and take back the inspection after the review.

  Encryption facilities should be used to report the case and transfer the examination materials, and the case file materials should be carried by a special car and never leave.

  Article 50 After leaving the post, the secret personnel involved in the supervision and discipline of the discipline inspection organ shall abide by the regulations on the management of the confidentiality period, strictly perform the confidentiality obligation, and shall not disclose relevant secrets.

  Supervision and discipline personnel shall not engage in occupations related to discipline inspection and judicial work that may have conflicts of interest within 3 years of resignation and retirement.

  Article 51 In the process of supervision and discipline, the clues to the interviewee who are not directly related to the case and should be reported to the principal responsible person of the discipline inspection organ according to the procedure shall be written by him, not recorded in the form of question and answer, and sealed and delivered to the principal responsible person of the department.

  Article 52 The main person in charge of the discipline review department and the leader of the review team are the first responsible persons for discipline review safety, and the review team shall designate a special person as a safety officer. In case of a safety accident of the auditee, it shall be reported to the Central Commission for Discipline Inspection step by step within 24 hours, and the public opinion shall be guided in time.

  In the event of a serious safety accident, the main person in charge of the provincial discipline inspection organ shall make a review to the Central Commission for Discipline Inspection, and make a notification and serious accountability.

  The case supervision and management department shall carry out regular inspections and irregular spot checks, report problems in a timely manner and urge rectification.

  Article 53 Disciplinary cadres who contact the leaders of the Party committees (party groups) of relevant regions, departments and units beyond their authority, keep clues privately, leak information, violate the provisions on security and confidentiality, accept entrustment, interfere in examination, seek personal gains from cases, handle human cases, collect evidence in violation of laws and regulations, intercept, misappropriate and embezzle money and materials involved, accept banquets and property, etc., shall be severely dealt with in accordance with the Regulations on Disciplinary Actions in the Communist Party of China (CPC).

  Fifty-fourth to carry out the "double investigation of a case", after the review, it is found that the basis for filing a case is insufficient or inaccurate, there is a major mistake in the handling of the case, and the discipline inspection cadres are seriously in violation of discipline, not only the direct responsibility, but also the responsibility of the relevant leaders should be seriously investigated.

  Chapter IX Supplementary Provisions

  Fifty-fifth provinces, autonomous regions and municipalities directly under the central government, the Commission for Discipline Inspection may, in accordance with these rules and combined with the actual work, formulate implementation measures.

  The Central Military Commission (CMC) Municipal Commission for Discipline Inspection may formulate relevant regulations according to these rules.

  The discipline inspection commission stationed in the discipline inspection group (dispatched discipline inspection agency) and the discipline inspection agency of state-owned enterprises and institutions shall implement these rules in light of the actual situation.

  Article 56 The Central Commission for Discipline Inspection shall be responsible for the interpretation of these Rules.

  Article 57 These Rules shall come into force as of the date of promulgation. Previously issued regulations on the supervision and discipline of discipline inspection organs, which are inconsistent with these rules, shall be implemented in accordance with these rules.

  (Xinhua News Agency, Beijing, January 20th)

QuestMobile’s Insight Report on the Pre-sale Period of Double Eleven in 2021: What Consumption Trends are Worth Paying Attention to?

Wengun QuestMobile

QuestMobile data shows that the marketing methods of major e-commerce platforms have matured, the pre-sale period has been advanced to the middle and late October, and the user participation of the two pre-sales groups has continued to increase. On November 1, the comprehensive daily activities of Taobao, Pinduoduo and JD.COM increased by 4.5%, 27.4% and 23.6% respectively. Among them, Taobao and JD.COM have opened up user selection and selection through different payment time nodes.

It is worth noting that the short video platform, which has high hopes, has not changed significantly in user activity due to its weak e-commerce attributes. However, the content live broadcast in the e-commerce platform has greatly increased the number of users, and Li Jiaqi, Viya and other head anchors started live broadcasts at 4 pm on the 20th, which significantly increased the daily usage time of Taobao and Taobao. From the sales category of live e-commerce, beauty, food and beverage are still hot items, with Taobao live sales accounting for 91.2% and food and beverage accounting for 5.7%.

In addition, although the "tactics" of the platforms are generally similar, this time, several platforms still have their own unique goals. For example, Taobao has made full efforts to fight against the impact of short videos (the intention is obvious). Among the newly installed users on November 1, users under the age of 18 accounted for 14.5%, ranking first in all years; JD.COM continues to strengthen the stickiness of young high-value groups. Among the newly installed users on November 1, users aged 19-30 accounted for 30.5%; Pinduoduo continues to maintain its advantage among the elderly, but it is particularly strong in the age range of 31 to 40. Among the newly installed users on November 1, users in this range accounted for 29%.

Driven by the Double Eleventh National Congress, the main brand advertisements have also reached a climax in the past half month, especially in beauty, food and beverage, mother and baby, household appliances (small household appliances, sweeping robots, etc.), among which the overall mode of the beauty care industry is quite consistent, keeping the rhythm and highlighting the memory points (such as the perfect diary featuring "silver wing and small heel" lipstick), and the media channel is WeChat friends circle+. In food and beverage, domestic brands have made a strong attack, and Yuanqi Forest, Rui ‘ao and Beihai Ranch have all been continuously out of the circle … …

Report tour

1. The front lines of major e-commerce platforms have been lengthened, and the overall marketing rhythm has been fixed.

1.1 E-commerce platform, two waves of pre-sale climax drive two waves of shopping nodes, and short video platform, with staggered peaks, creates momentum.

Tmall prolongs the consumption and planting period, and promotes the continuous heat of double 11 through the fission of interactive games and the live broadcast of e-commerce; JD.COM drained through the party, started snapping up in advance, and launched a fast delivery service to accelerate the transaction transformation

2. The peak period moved forward, and the popularity of the pre-sale period increased year-on-year.

2.1 users’ participation in double 11 has increased year by year, and double 11 has formed a fixed habit of hoarding goods.

QuestMobile data shows that on the opening day of November 1st, the number of active users of Taobao, Pinduoduo and JD.COM platforms was 684 million, and the number of users of all platforms increased during the pre-sale period.

The content, media and social attributes of the short video platform keep the platform stable and active, and there is no obvious change before and after the big promotion node, and the e-commerce attribute is weaker than the basic attribute of the platform.

2.2 The different payment time nodes of Amoy and JD.COM platforms open the peak time points of user selection and purchase, and the multi-dimensional stable peak nodes are close to daily life.

2.3 E-commerce platform starts to pay the down payment and the final payment at 20 o’clock, which is more in line with the user’s behavior and is consistent with the most active period of users.

2.4 In addition to the growth of traffic, the conversion of user payment has been significantly improved compared with the daily pre-sale period from the perspective of great promotion effect.

2.5 e-commerce competition is fierce, the first wave of pre-sale period is to maintain high delivery and drainage, and directly connected to the second wave of drainage.

In the double 11 event in 2020, it became a big promotion node for the first time on November 1, and both e-commerce and brand owners greatly increased the advertising drainage on the same day, forming an obvious peak; In double 11 in 2021, the drainage action was advanced, and the high pre-sale period allocated the overall marketing budget. Although it was not an obvious peak on November 1st, it was still a high point.

2.6 live broadcast of the content planted grass in advance, detonating the heat in double 11.

At the same time, Li Jiaqi, Viya and other head anchors started live broadcasts one after another at 4pm on the 20th, which led the daily average usage time of Diantao and Taobao to reach the peak in the warm-up period.

2.7 Live e-commerce has become an important drainage and transformation position for brand owners in the pre-sale period, and beauty products and food and beverage products account for a relatively high proportion in the live broadcast room.

3. The pre-sale period of Double Eleven focuses on stimulating users to be active, and the competition among users between platforms is fierce.

3.1 The official sale period began on November 1st, and the scale of new users exceeded the first day of pre-sale.

3.2 Taobao is more attractive to teenagers, JD.COM to young people, and Pinduoduo to middle-aged and older new users.

3.3 During the promotion period, cross-platform price comparison is one of the consumer decision-making behaviors.

1. During the warm-up period, various industries launched fiercely, and consumer goods led the way.

1.1 Each e-commerce platform provides a series of support policies for merchants, reducing the threshold for merchants to settle in and operating costs.

1.2 The beauty care industry has greatly increased advertising and the competition is more intense; Influenced by the strategy of promoting products by e-commerce, related industries have also significantly increased advertising.

1.3 Brand owners put relevant material advertisements in advance to expand the drainage cycle of double 11.

1.4 FMCG industry pays attention to joint e-commerce advertising to promote sales transformation.

2. Beauty care industry: the category is concentrated, and the marketing strategy of explosive products is outstanding.

2.1 The categories of beauty care industry are more concentrated, and the overall delivery rhythm tends to be consistent.

2.2 The key categories of facial skin care are facial essence and lotion/cream, and the main products of perfume makeup are lipstick and base products.

2.3 Beauty brands’ advertising for the main products keeps pace with the pace of promotion, reaching a stage high around the end of the pre-sale payment period.

The perfect diary highlights the key points, and the creativity and cost of advertising mainly focus on the "silver wing and small heel" lipstick, which repeatedly strengthens the user’s impression. 

2.4 Cosmetic brands prefer the strategy of centralized marketing and advertising.

Wechat Friends Circle+Xiaohongshu has become an important media combination for beauty brand promotion products.

3. Food and beverage industry: the pace of delivery is tight, with emphasis on packaged food.

3.1 The overall delivery rhythm is relatively tight, and the delivery high point of packaged food and beverage is more advanced.

3.2 There is fierce competition in the launch of head brands in sub-categories, and typical domestic cutting-edge brands rank among the top brands, thus gaining exposure for promoting marketing.

3.3 Take the coffee category in beverage brewing as an example. Young women are the main buyers. At the same time, brands are more likely to gain the attention of this group of people through outstanding product selling points and innovative marketing forms.

4. Household electrical appliances industry: Subcategories have been greatly promoted, and exposure has been continuously increased.

4.1 Kitchen and bathroom appliances, household appliances and small household appliances are concentrated at the high point before the official sale, while kitchen small household appliances and household appliances are focused on the week before the official sale.

4.2 small household appliances are rich in categories, and beauty instruments, razors, electric toothbrushes and other categories have gained more exposure.

4.3 Taking the category of sweeping robots as an example in household appliances, different brands launch different main products according to the pain points of cleaning scenes, and the spread of selling points of new brand products is more likely to impress urban female users and attract attention.

5, brand heat index map

1. Advertisers will adjust media delivery before and after the big promotion node to realize rapid sales transformation.

2. The beauty industry portfolio uses social and video media to plant grass for drainage and quickly increase exposure, which affects users’ minds and promotes sales transformation.

3. The food and beverage industry tends to reach users through online video media, and greatly promotes the advertising resources before the node to tilt towards the head media.

4. The household appliance industry follows the existing delivery habits and increases the delivery of social attribute media.  

Memories of the past classics-color TV articles

    The history in memory can’t be forgotten for a long time because it has left a deep mark on people’s hearts. When did China have the first TV set? This problem is out of my time. The time I can recall is from the 1980s to the early 1990s. At that time, the three major items of family became synonymous with family modernization in China. Television, in particular, has become a symbol of a wealthy family. At that time, any brand of TV was in short supply, so it was hard for people to buy a TV. You have to wait in a long queue with "tickets" to buy a TV set that people can worship like "God". At that time, the TV sets that were very popular were "Huangshan" and "Sabah" in Anhui. But they are just passers-by in history, quietly disappearing into people’s memory.

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 Television processing workshop
 
    China’s color TV industry started in the mid-1970s, and has gone through three historical periods, namely, the lead-in period from the mid-1970s to the early 1980s, the growth period from the mid-1980s to the early 1990s, and the maturity period from the late 1990s to the present.
 
China TV from scratch —— The first TV was born in 1958.
 
{imageTitle}
 
    This antique on display in the museum isChinaThe first TV, Beijing Brand made in Tianjin, was born in March 1958 (Great Leap Forward period). At that time, Tianjin Communication Broadcasting and Television Factory produced the first Taipei Beijing brand 14-inch black and white TV set by using domestic electronic tubes and Soviet components. This achievement makes China’s TV development technology basically at the same starting line as that of Japan. 2007 is the 49th birthday of this famous TV set in China. But judging from the economic situation in China at that time, many ordinary people could not enjoy TV sets. So it was not popular at that time. When TV sets entered thousands of households, it was also called the period of reform and opening up. 
 
    I was born in the period of reform and opening up. I remember when I came home from school as a child, my mother always told me not to watch cartoons until I finished my homework. At that time, the TV set was for cartoons for me. The first cartoon I saw in my memory was Astro Boy. The first color TV set I have ever seen is the 18-inch CRT of the Great Wall. Now LCD TV has entered ordinary people’s families, but CRT TV has not withdrawn from the historical stage. Today, the author will take you back to the past 50 years.
Chinese classic CRT TV.

 
Article navigation
 
    "The Leader in the Age of Gold Star TV and Color TV"
    "The originator of Sino-foreign joint venture TV for Furi TV"
    Evergreen tree in domestic products of Changhong TV.
    "Peony TV sets are the pride of our Beijingers"
    "Leap and triumph TV history is a thing of the past"
    "Three Big Pieces of Panasonic TV Set"
    "『SONY Teletron needs tickets to get it."
    "Philips TV was expensive from the beginning."
 

Venus TV, the leader in the era of color TV
 
    Venus color TV is not very clear in my memory. I remember that I saw this kind of TV at my grandmother’s house at that time. To be honest, the influence was really not very deep. However, it was only by inquiring about the information that it was discovered that this TV had such a big head.

    Jinxing brand color TV is a famous brand product of former Shanghai TV Machine Factory (now Shanghai Radio and Television Group Co., Ltd., Shanghai Radio and Television Group). There used to be quite high praise and popularity.
 
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    In 1978, the state approved Shanghai TV Machine Factory to introduce the national excellent color TV production line, and in October 1982, it was officially completed and put into production. Since then, as a landmark product in Shanghai, Venus has won various honors and awards from the Ministry of Commerce, such as Golden Bridge Award for the Best-selling Domestic Famous Brand Product, Chinese Famous Brand Large Screen Color TV, Famous Products Recommended by National Shopping Mall, china association for quality’s Most Satisfied Products, National Fiona Fang Symbol by the State Bureau of Technical Supervision, Five Best-selling Brands in China and ISO-9002 Quality System Certification Certificate.

    The development idea of Jinxing color TV selection is "moderate scale, appropriate share" and "high-tech content, high quality". Its market positioning is mainly aimed at Shanghai, and it is proposed that Jinxing boutique color TV should adapt to Shanghai’s position as a national economic, financial and trade center. It has also introduced high-tech functions such as teletext and digital series products, as well as 16∶9 widescreen color TV, plasma color TV, full-screen color TV and 43-inch rear projection color TV.
 
Furi TV is the originator of Sino-foreign joint venture TV.
 
    This brand of TV set was used in my father’s factory. At that time, I didn’t like watching football very much. At that time, my father ran to the stadium to watch the ball when there was a football match.

    Fujian Furi TV Co., Ltd., founded in 1981, is the first Sino-foreign joint venture in China electronics industry and one of the first color TV manufacturers in China.
 
{imageTitle}

    Furi’s joint venture partners are Fujian Province and Hitachi, Japan Co., Ltd., and Furi was once one of the top 100 electronic enterprises in China. In 1994, Furi’s color TV production and sales exceeded one million units, ranking among the top five in the domestic color TV industry.

    After 1998, faced with the increasingly fierce domestic color TV price war, Furi Company chose to avoid the sharp edge and shifted its strategic development focus to overseas markets. The color TV sold in the domestic market was changed to "Hitachi" brand, and Furi color TV disappeared in the domestic market for four years.
 
{imageTitle}

    In 2002, Furi faced the domestic market again after restructuring. In 2003, due to the upgrading of color TVs, the price war in the traditional color TV field gradually calmed down, and Hitachi no longer produced and operated ordinary color TVs. Furi Company decided to re-launch the "Furi" brand in the domestic market. Resume the original production line, and launch high-end products such as LCD, rear projection and plasma color TV across the board.
 
 
Evergreen tree in Changhong TV set made in China

    Changhong TV has a great influence on my family. My grandfather’s first TV was Changhong. As long as I have a holiday at school, I will stay at my grandfather’s house and watch colorful Transformers!

    In August, 1989, Changhong Color TV set a nationwide price reduction, which initiated the first price war in the history of color TV sets. Fifty days later, the state introduced a price reduction policy for color TV sets. Since then, domestic color TV sets have got rid of the shadow of planned economy, and enterprises have gained the initiative in marketing their own products. This is also the beginning for domestic brands to find their own price positioning and form market segmentation. Since then, domestic color TV sets have been continuously reduced in price, which not only gained market share, but also popularized color TV sets in China. Urban residents have more than 100% color TV sets, and rural color TV sets have reached 32.5%.

 
{imageTitle}

    By the mid-1990s, there were 98 color TV enterprises in China, and the annual output of domestic brand color TV sets was as high as 35 million. In the fierce competition, some weak enterprises have been eliminated one after another, while Changhong, Konka, TCL and other enterprises have continuously improved in quality and technology, and cleared up the market through a round of price wars, and quickly developed into the backbone enterprises and leading brands in the China color TV market.
 
{imageTitle}

    In 1996, the sales of domestic color TV sets exceeded those of imported ones for the first time. After some foreign brands’ domestic color TV technology leaps and bounds and continuous wars, the market sales are evenly matched and shrinking. The market share ratio of domestic brands and foreign brands has gradually changed from 2∶8 to 8∶2.
 
 
Peony TV is the pride of Beijing people.
 
    I haven’t seen Peony TV in my life, but I have seen it in movies. At the end of the movie "Our Cow is Hundred Years Old", the lazy man’s wife is holding the Peony TV.

    Peony used to be a banner of home appliances produced in Beijing. Beijing Peony Electronics Group, the manufacturer of Peony TV, is a large-scale backbone enterprise in China’s electronic industry. In 1982 and 1983, when the domestic TV industry was just starting, Peony introduced a technologically advanced production line from Japan. In the era of supply by ticket, it achieved an amazing market share of more than 50% and became an absolute leader in the industry. In 1980s, owning a Peony brand color TV was once the dream of ordinary families in China. Until the early 1990s, the market share of Paeonia suffruticosa remained at a high level of about 20%. In 1993, the output reached 700,000 units, which was obtained for four consecutive years from 1992 to 1995.
 
{imageTitle}
 
    "Golden Bridge Award for the best-selling domestic brand-name goods in China" and won the honor of "China Famous Brand Color TV". However, since 1996, the competition in the color TV market has become increasingly fierce, especially in the face of the price offensive launched by Changhong and other manufacturers, Peony TV has been slow to respond, and the market sales have plummeted. Peony’s strong color of state-owned enterprises has caused excessive redundancy, insufficient funds, inability to fight back in the market, and decision-making mistakes have further accelerated the decline of peony. By 2000, Peony brand color TV had basically stopped production, and the TV factory maintained its operation by producing "labeling machines".

    In September 2002, Beijing Peony Electronics Group Company invested its own equipment assets and the trademark "Peony" into Jiangsu Cyber Electronics Co., Ltd. and established Jiangsu Cyber Peony Electronics Co., Ltd. Peony TV, a famous domestic TV brand in the past, officially married Zhenjiang, Jiangsu. In July, 2003, Peony Color TV finally reappeared quietly, with the main target of export, and started with low-end products below 1,500 yuan in the domestic market. However, the industry is not optimistic about such low-end positioning, and it is still difficult to find "peony" in major markets such as Beijing.
 

Leap and triumph TV history is a thing of the past.
 
    Feiyue and Kaige TV sets are relatively popular color TV sets. Many people in our home use these two brands of TV sets.
 
{imageTitle}

    Shanghai’s old-fashioned light industrial products once enjoyed infinite scenery in China. Besides "Venus", there are also TV brands such as "Kaige" and "Feiyue". As early as 1984, Feiyue and Kaige put forward the concept of after-sales service such as door-to-door service and exchange, which was a revolutionary move at that time. These brands have won the market and reputation with excellent product quality, strong technical force and perfect service, and the demand exceeds the supply.
 
{imageTitle}

    The "Feiyue" brand TV set is produced by Shanghai No.18 Radio Factory, and "Kaige" is the black and white TV set brand of Shanghai No.4 Radio Factory. Later, "Leap" was also incorporated into the name of No.4 Radio Factory. When color TV became popular, Radio No.4 Factory, which only produced black and white TV sets, stopped production in the early 1990s.

    In 1996, Shanghai Radio No.4 Factory announced its closure, and now only the maintenance department is left. After the closure of Radio No.4 Factory, it has not produced any more "Leap" and "Kaige" TV sets, and the trademarks of "Leap" and "Kaige" have not been transferred so far. Since then, the triumph and leap TV sets have disappeared. Only occasionally in the reports, I saw that a number of counterfeit "triumph" and "leap" TV sets were investigated and dealt with as a kind of nostalgia.
Three Big Pieces of Panasonic TV Set
 
    Panasonic TV was very popular 15 years ago. At that time, it would be great if anyone had an imported TV. My classmate had a Panasonic TV, which his father brought back when he was a sailor. There are many people who come to his house to watch TV every day.
 
{imageTitle}
 
    Panasonic is also a manufacturer of traditional CRT TVs. As early as 15 years ago, my neighbor bought a Panasonic 20-inch TV. At that time, compared with the previous 21-inch or even 25-inch TV, the size and picture were improved, and the quality was excellent. Today, after 10 years of good quality, it is still youthful and has not had any problems.
 
SONY Telilong needs a ticket to get it.
 
{imageTitle}
 
    First of all, I have to say that Sony, the king of our CRT TV. Presumably, SONY’s Teletron has been deeply rooted in many people’s hearts. Let’s review SONY’s Teletron technology first: Sony used a patented technology-single gun and three beams technology. The electron gun of Teletron CRT adopts MALS (Multiple Astigmatic Focusing System-), EFEAL (Diffusible Scanning Elliptical Aperture Lens) and L-SAGIC (Low Voltage Aperture Cathode Tube) and other technologies. Thanks to this, Telilong CRT is excellent in brightness and color expression, and the performance of color purity is also quite good. However, the structure of single gun and three beams requires high related control circuits. If the technical level of the manufacturer is not too hard, it is easy to produce defects in focusing and geometric distortion, which can also show SONY’s strength in production technology.
 
Philips TV was expensive from the beginning.
 
    Royal Philips Electronics is one of the largest multinational electrical enterprises in the world with a history of more than 100 years. Philips TV also entered the domestic market earlier.
 
{imageTitle}
 
    Philips TV was still very popular in China in the 1990s, and it was also one of the few non-Japanese brands at that time.
 
    My understanding of Philips TV was seen at my uncle’s house when I went to Hong Kong. At that time, I was very young and had never seen such a big TV. I thought it was much better than the TV at home. I wanted to take it home when I left.
 

 
    Concluding remarksI don’t know what life is like without TV. But with the TV, every night, the busy father put down his work, and the mother took off her apron tied around her waist. The whole family sat around the TV, and countless laughter came from one small room after another.
 
    Batch after batch of TV sets have fulfilled his historical mission, bringing happiness to thousands of families, and allowing many people to visit the scenery of countries around the world and learn about state affairs without leaving home. Television sets replacing CRT have appeared, and CRT TVs will gradually withdraw from the stage. In fact, we don’t have to feel sorry for CRT. Their achievements have gone far beyond any praise given by people. Maybe in 1000 years, when people find a CRT TV in unearthed cultural relics, they will also sigh.
 
    Let’s applaud the following TV heroes!
 
Once a domestic brand
 
Changhong, Konka, Skyworth, TCL,Xiahua, Hisense, Haier, Venus, Panda, Beijing,
 
West Lake, Gaoluhua, Lehua, Dongbao, Furi, Anhua, Baihua, Lily, Baile, Baosheng,
 
Gemstone flowers, rainbows, colorful stars, the Great Wall, Chengdu, Changfeng, Changfei, Changhai, Chunlan, Spring Breeze,
 
Spring bamboo shoots, Dongda, Donghai, Flying Deer, Yellow River, Huanghaimei, Huangshan, Huanglong, Huari, Haiyan,
 
Haihong, Haile, Huanyu, Hongmei, Hongyan, Chrysanthemum, Jinhai, Jinfeng, Jinta, Golden Magpie,
 
Goldfinch, Jiahua, Kunlun, Kaige, Kangli, Kanghong, Kangli, Kangyi, Peacock, Happy,
 
Longjiang, Lihua, Peony, Merlot, Mengmeng, Nansheng, Qingdao, Ruyi, Shencai, Camellia,
 
Shanghai, Shaofeng, Shenyang, Seg, Songbai, Sanyuan, Sanjian, Taishan, Swan, Tianshan,
 
Tongguang, Weipai, Yu Xiang, Xuelian, Xinghai, Xiangyang, Happiness, Nippon Pine, Yingge, Aerospace,
 
Yonggu, Yongbao, Zhuhai, 888, Ganxin, Huafa, Huaqiang, Feiyue, Feilang, Nanbao,
 
Fei Yan, Xin Sida, Cai Ling, olimp.
 
    All relevant information in this article is extracted from the Internet and related forums. This article also aims to hope that more TV lovers can have a deeper and more detailed understanding of the history of China TV. Xiaobian is sincerely grateful for the relevant information provided by many experts on the Internet. In particular, I would like to thank Cheng Tian from Sina Blog for his article "The TV Brand in Memory and the Development History of China TV".

In 10 days, the number of locks exceeded 5,000, and Aouita 11 was stable.

Oil prices are rising and wallets are shrinking step by step! As a person who needs to drive frequently for business, it’s really unbearable. I’ve been thinking about replacing the old oil truck that has been driving at home for many years with a tram. So, since June this year, I have been crazy about watching cars. I have seen all the cars, such as Weilai ES7, Tesla Model Y, Extreme Krypton 001, Li ONE, and Question M7…… … but I couldn’t make up my mind which to buy until I found the treasure of Aouita in the mall when I was shopping with my wife. At that time, it was very exciting and my wife liked it.

Of course, as a person who lives carefully, how can he pay for the order after a few words? So when I got home, I went through official website and looked at the online reviews of major platforms. After comprehensive information from all parties, I found that this car is really good. There is a full set of Huawei HI, the battery is made in Contemporary Amperex Technology Co., Limited, and the manufacturing is controlled by Changan Automobile. The cars built by "Mobile" groups in various fields are definitely not bad. This really means buying. But after all, Aouita is a new brand, so I still want to wait and see how the order is, and then make a decision.

Recently, I finally saw the official news of the number of lock orders released by Aouita: the first batch of 5000 lock orders in ten days, with an average price of 40w. It’s not easy for the first product of a brand new brand! Now, my heart is numbered. Place an order and follow the formation of friends on the bus!

Of course, I also saw someone on the Internet say that it’s not awesome to have only 5,000 sets for such a long time! Not to mention, this data is really awesome. You know, there are about 20 new energy vehicles with more than 350,000 vehicles in China. From January to October this year, Li ONE, the best seller, sold almost 8,000 vehicles in a single month, and Weilai ES6, the second place, sold almost 4,000 vehicles, basically less than 2,000 vehicles in the back.

And Aouita 11, a car that most people haven’t experienced yet, and the intelligent driving function and cockpit function haven’t been put on the line, can have this achievement, which is completely above the level and beyond my expectation (I think I will buy it if it is around 2000). And this can’t be separated from the great discount given by Aouita 11. AVATRANS intelligent navigation system, Huawei DriveONE dual-motor four-wheel drive system and Contemporary Amperex Technology Co., Limited ternary lithium battery are standard in the whole department. For the first batch of lock-up car owners, Aouita Science and Technology also sent lifelong intelligent driving upgrade service package, personalized matching fund worth 12,000 yuan and other rights and interests, which is very cost-effective!

In addition, I’d like to tell you a piece of good news. At present, Aouita has confirmed to enter Huawei’s flagship stores in Beijing and Shenzhen. Friends who need to buy trams can go to the field to experience it, but they want to start early, and when the exposure of Aouita 11 comes up (Huawei’s flagship store is still very strong in drainage capacity. Huawei’s first global direct flagship store opened in Vientiane World, Shenzhen, has a crowd of 20,000+on the first day of opening, and its sales on the first day exceeded 4 million without trial operation).

Floating profits and adding positions is the taboo of futures investment —— Interview with "Datian Aaron", the king of the market

First, wonderful views


1. Cognition of varieties is the core factor of making money.


2. In investment transactions, we are not so much trading our own ideas as human nature.


3. Choosing a stop loss doesn’t mean completely giving up trading on that variety, but waiting patiently for the next better trading opportunity. This is my secret.


4. Risk control is always the focus in the transaction process, and controlling capital risk is always on the road.


5. Any variety will have a ceiling of price and a cost line.


6. When stopping loss, we should not only look at the range of market fluctuation, but also pay attention to the market sentiment.


7. Adding positions after floating profits is a big taboo in futures investment.


8. Wealth is the realization of cognition, and futures investment is actually the money to earn personal cognition.


9. Traders must make friends with data, establish their own database, and focus on inventory through the database.


10. The withdrawal of funds is a process that investors will inevitably experience in their growth, and it is an inevitable price to pay.


11. Futures trading is the human nature of investors, so the result of futures trading is actually the embodiment of human nature.. Only by constantly training and improving themselves can investors become more and more mature.


12. Positions reflect investors’ greed and fear of the market. When you are greedy enough, you will often add a lot of positions, and many mistakes will occur during this period.


Second, the introduction of Pan Wang


"Datian Aaron", a contestant in the National Futures Firm Competition of Big Handnet, was born in 1982, and is now 39 years old, from Shanghai.


After graduating from college, I worked as a project manager in an IT company in Shanghai. After resigning in 2014, I started to invest full-time, and I started to do futures in 2017. Amateurs like playing football. Good at trading based on fundamentals, expert in futures investment.


Third, performance analysis


As of August 16, 2022,Pan Wang’s accumulated net profit in Xiaotian Aaron, an entry account of Dapan Handnet, was more than 20.51 million yuan, accumulated profit was more than 22.79 million yuan, Sharp ratio was 2.72, and accumulated yield was 62.17%.


Pan Wang’s current entry account is "Datian Aaron". Since April 21, 2022, within 80 days of trading, the cumulative yield is 84.97%, the cumulative net profit is 5.19 million yuan, and the maximum withdrawal is 38.26%.


The transaction analysis artifact of "Seven-tailed Fox" in the large-scale mobile network analyzes the entry account of Pan Wang as follows:






Pan Wang is almost a full-variety transaction.It belongs to the style type of partial intraday trading based on fundamentals.


Panwang trades more in apples, palm oil and other varieties, accounting for nearly 25% of the positions. On April 29, 2022, the highest position reached 94.81%, and the lowest position rate was 48.61% on May 9.


Panwang’s profits in iron ore, apples, palm oil and thread all exceed 1 million yuan.It is profitable in black varieties such as coking coal and hot coil.


Fourth, the interview record


01


IT paves the way and lays a good foundation for your career


I have been doing futures for about 4 to 5 years. Before that, I was doing stocks. I participated in the futures competition of the big hand net for about two years. My previous account was "Xiaotian Aaron", but now I have changed my account to "Datian Aaron".


Before professional investment, I worked in an IT company. At that time, my main job was to manage projects.


From a professional point of view, my previous work experience did not help me much in my later investment work, mainly because my attributes were completely different and had no relevance, but it was actually helpful in a deeper level.


When managing the project, I considered it more and comprehensively, which laid a foundation for the cultivation of trading personality characteristics such as logical thinking, endurance, execution, endurance and mentality required by my later investment work.It is helpful in this respect.


02


At the beginning of the investment, there was a stumbling block to retreat.


When I started my amateur investment, I was always doing stocks.


In 2017, I began to contact futures, among which there was a leader. With his guidance and help, I slowly began to learn to do futures and have a better understanding of how to make good investments. Therefore, compared with ordinary futures investors, I may have taken fewer detours, which is a very lucky thing.


I have always used subjective trading based on fundamentals in futures, and I have never been exposed to programming.


In the early days of full-time futures trading, the biggest difficulty I encountered was the relatively large withdrawal of account funds.


The fund management method of investing in stocks is different from that of futures. When investing in stocks, it is basically Man Cang. Now it seems that compared with futures, the fluctuation of stocks is actually relatively small.


When I started to do futures, I had no experience in fund management, and my position was always heavy, so I often encountered a relatively large withdrawal of funds. Especially in the first two or three years, the withdrawal of funds was relatively large, almost more than 50% every year.


During that time, I always lost, won, rose and fell, and my account was often a roller coaster, and I didn’t do well.


It was not until the last two years that I slowly controlled the retreat, broke through the bottleneck and embarked on the road of steady profit.


To solve this biggest difficulty at the beginning, I mainly adopted the following methods:


First, strengthen research and strive to make it thorough.When I first started to do futures, I was actually an out-and-out novice. I didn’t know anything about varieties, almost completely, so I paid a lot of tuition for the first two years.


But in the past two years, with the gradual deepening of research work, I have become more and more familiar with the fundamentals of the varieties I trade, so I have become more and more confident.


The second is to control your own trading frequency.


If you are in full bloom, butterflies will come; If you are well, it will be sunny.


It is because I am more and more familiar with it that I make fewer and fewer mistakes when placing orders.


Therefore,Doing research well is the basis of fundamental traders.


The third is to strengthen fund management. The amount of money I invested in a single variety has gradually shrunk.There was no concept of fund management at the beginning, and now my position in a single variety is basically not higher than 30%, usually about 10% to 20%.


These changes made me control the retreat.


03


Strong knowledge of successful trading control risk


I think: the core of trading is to thoroughly understand the fundamentals, because we are not programmed trading, and we rely on the degree of cognition of a certain variety when trading.


In the past, my commodity futures trading was mainly apple, and then it gradually developed into other varieties. In fact, the methods are the same, and all transactions are based on their own research and understanding of varieties, in other words, cognition.Good cognition is the core factor of making money.


I am a subjective investor who focuses on fundamental trading. At the beginning of investment, I had both experience and lessons in variety selection, opening and closing positions, stop loss and take profit.


When I started trading futures full-time in 2017, the variety that traded more was Apple. Mainly because in 2017, Apple suffered a serious "cold spring", which led to a sharp rise in prices in 2018.


It was based on this fundamental factor that I chose to trade Apple at that time and earned my first bucket of gold in investing in futures.


Investors are essentially trading their own cognition and personality, and they also need luck.


"Success is Xiao He, and failure is me". After making money on trading apples, on the one hand, I managed my position badly; On the other hand, due to my lack of trading experience, I soon returned most of my profits to the market.


At that time, I didn’t have any knowledge about where the price of Apple might go up. I naively thought that it could go up all the time, and then I encountered a big retreat.


Therefore, the first trading experience of Apple had both the joy of success and the frustration of failure, but in any case, it brought me valuable experience through that trading process.


Since then, when I choose a certain trading product, I usually base it on whether I understand it or not. Only in this way will I start investing. Whether it is apple or other varieties later, I will open the warehouse only after I have studied it clearly.


Although the research before the transaction was well prepared and considered to be very certain, I would choose to stop if the fact that it showed in the market at that time made me lose money or was different from what I expected.


Now, I am very disgusted with making the loss bigger, which is absolutely unacceptable to me. It is normal to admit mistakes.


Choosing a stop loss doesn’t mean giving up trading on that variety completely, but waiting patiently for the next better and more certain trading opportunity. This is my secret.


My trading system, in fact, is not much technical. You can keep the list of making money; For the list of losing money, the stop loss will be firm. For example, if the capital loses 10% or 15%, then we will unconditionally cut positions.


Risk control is always the key point in the transaction process, and controlling the risk of funds is always on the road.


04


Take profit and stop loss, carefully judge the market.


The profit-taking method I adopted in the transaction is mainly based on the following aspects:


One is based on the understanding and familiarity of varieties.


For a variety like apple, first of all, 5 yuan a catty is a very high price; Secondly, it has a fixed fee brought by the delivery rules. For example, when the market price of crude oil exceeds $120, the general duration will not be too long.


Unfortunately, in 2018, I didn’t understand this at all.


Any variety will have a ceiling of price up (or high price will curb consumption) and a cost line down, which are two very important trading factors.


The second is based on the understanding of the historical price of a variety.If the market price of a certain variety reaches or approaches a historical high and the price deviates seriously, then we should also choose to take profit;


The third is based on the judgment of fundamentals.If the fundamentals of the market change, we will also take profit.


Since we buy with reference to fundamental factors before trading, we must track the fundamental changes in the market every day. When there is a fundamental change in fundamentals, then we will also take profit and leave.


There are similarities and differences between fundamental trading and technical trading.As long as the conditions change, then the transaction must change.In technical trading, we often buy and sell according to the situation of big yin or big yang; If you use fundamental trading, this is probably the same reason.


When stopping losses, we should not only pay attention to our own stop loss points, but also pay attention to the market sentiment.In trading, sometimes you can obviously feel that the market sentiment is not quite right or not quite what you imagined. If this happens, you can stop the loss earlier.


Sometimes, if you think it is possible that the market has made a temporary mistake, then the stop loss range can be slightly enlarged. Of course, this should be judged according to your own experience and trading feeling, provided that you have a thorough study of the fundamentals before you can enlarge or narrow the stop loss range.


As a trader, it is necessary to accumulate knowledge of fundamentals and trading ability. Otherwise, it is just a waste of time to do it year after year, and I have not grown up.


05


A big taboo for floating profit and jiacang futures investment


When I first made futures, I had a bad habit, that is, I liked to add positions after floating profits. Because your risk awareness is not strong enough, if you often add positions after floating profits, then a small fluctuation will destroy the profits you have accumulated for a long time.


I think:Adding positions after floating profits is a big taboo for futures investment.


On the one hand, when you plan the number of open positions, you should try to abide by it and not change it.


Now I have achieved that I will not add positions after floating profits, which also avoids the differentiation of mentality caused by fluctuations.


Fundamentals sometimes do lag. For example, when the market price of a variety fluctuates greatly, we sometimes have no way to know what happened in the first place. At this point, I will make some changes according to the market, so there will inevitably be some intraday trading.


When I feel that the trend is not quite right, or when the disk gives me a bad feeling, I will do some transactions, sometimes this is a helpless move to deal with risks.


Therefore, taking profit and stopping loss does not mean that the price must fall on the set ceiling or floor. When there are some fluctuations beyond your cognition in the market, you should also be vigilant. This is an experience.


Some programmed investors, they think that floating profits and adding positions is a better method, which has something to do with their trading types. While they are making floating profits and adding positions, I believe that they will inevitably match the corresponding stop loss bars, and the transactions are all matched.


We can’t just see the beginning of their transaction and not the end of their transaction.Any kind of transaction, whether fundamental or procedural, has a head-to-tail match.


We can’t "blind the eyes with one leaf, but we can’t see Mount Tai", just look at the surface and ignore the inside; It still depends on the integrity, systematicness and consistency of a strategy.


06


The Soul of Fundamental Research of Data Analysis


I have some experience in fundamental research, which can be used as a reference for investors who do fundamental research in the market.


Over the past five years, I have spent a lot of energy on data statistics. For example, Apple, including Zhuo Chuang’s data, analysts’ daily opinions, etc., we will pay attention to and carefully study and check. We track the inventory and delivery speed every week.


For example, if we want to make black varieties, then we must know the data of steel joint, steel valley and steel search.


At the same time, I will set up my own database and do their own data over the years, so as to make some comparisons and predictions for myself.


As long as you do more data, you will have a deeper understanding of a variety and an industry, and this understanding is our future wealth.


Wealth is the realization of cognition, and futures investment is actually making money from personal cognition.Maybe programmed trading may be different, but I think fundamental traders mainly rely on making cognitive money.


The best way to improve personal cognition is to study hard. When one’s knowledge accumulates to a certain extent, one can naturally discover real logic. As long as an investor’s cognition is improved to a certain extent, the investment efficiency will be improved.


I suggest you:Traders must make friends with data, establish their own database, and focus on factors such as output and inventory.


Investors should not only pay attention to the yield, inventory and consumption of varieties, but also learn to make charts themselves. The key is to improve their ability to analyze and find contradictions.


Although the data we need is cold on the surface, there are some opportunities for undercurrent; Investors need to spend time to analyze data, love data, build emotions with data, and find opportunities in love.


The data of some varieties over the years often imply certain laws or contradictions, and we need to catch it out.


Pay attention to the fundamentals, in addition to the above methods, you can usually participate in some research.


When I first made futures, I participated in the investigation of apples, glass, soda ash and sugar.


In those two years, I ran a lot and did a lot of research. However, I gradually realized that the research actually didn’t work very well. Because in that process, on the one hand, you can’t see a lot of things; On the other hand, many enterprises or industrial farmers, if you ask them something, people will actually take some subjective views.


Therefore, I think it is more objective to pay attention to the effect of the database. As long as you learn to analyze data, you can know what’s going on in the world without going out. So from the last two years, I basically stopped participating in the research, mainly doing data analysis and thinking for myself.


07


Facing the information science, identifying and grasping contradictions


No matter the stock market or the futures market, it is an effective market. In other words, when you see some information, the disk may have explained the changes brought about by this information.


If you only deal with this information every day, it will have little effect on the transaction, but it will make you indecisive because of the interweaving of information in the news every day.


In the market, most of the news is noise. As a fundamental player, you must remember that you can only trade any variety after seeing the biggest contradiction in fundamentals.


A while ago, I decided to invest in rebar trading, mainly because the market supply exceeds demand, while the demand is really sluggish, and there is a huge contradiction between supply and demand.


When an investor grasps the biggest contradiction in the market, he can and needs to see a lot of information in the market, but he must have the ability to distinguish, and don’t let the daily information change affect his trading decision.


If there is an inflection point in the market price and the fundamentals have indeed changed, then it is important to test a fundamental trader.


Investors should have the ability to grasp the detailed changes in fundamentals in a noisy market environment, which is determined by the trading skills and needs to be accumulated.


Because investment is a thing that needs to be accumulated, and the accumulation is thin, and haste makes waste.


08


Trading strategy method has no definite method to look at the market


My position cycle is long and short, and there is no fixed pattern.


There are not many trends in the market. Many times, the market fluctuates in shocks, and the holding time of a variety matches investors’ cognition of the variety.


If there is a big contradiction in the market, such as the coke and coking coal market in 2021, and there is a serious mismatch between supply and demand, then the holding period can be appropriately longer.


If the market only deals with short-term changes and prices often rise and fall, then this kind of trading is less involved.


If the market deals with major changes in fundamentals, the holding time will be relatively long.


Therefore,The length of holding positions mainly depends on whether the changing factors of fundamentals are large enough.


My entry account "Datian Aaron" has a maximum historical retracement of 35.84%, and the trading is still biased towards intraday trading. In fact, this is also a bad habit of mine, because I can’t help doing some transactions every day because of some time-sharing changes. In fact, most of these transactions are losing money, so this habit is not good, but the fundamental trading is not always holding on, which is two different things.


The varieties I trade cover almost all markets, including stock indexes, among which apples and palm oil account for the largest percentage.


My preference for variety selection is actually a reflection of my understanding of fundamentals. It can also be seen from the account of "Datian Aaron" that started in May 2022 that I trade more apples and palm oil.


I think, since that time, the market contradiction of these two varieties has been more prominent. Apple has indeed suffered a reduction in production this year, which is a relatively certain opportunity, so there was a previous wave of gains.


As for palm oil, when Indonesia accelerated its export after June 2022, we knew that it had gone through a big bull market for two or three years, and the price rose from more than 4,000 to around 12,000, which was already a very big increase, with the help of the Russian-Ukrainian war. However, after Indonesia accelerated its export, the fundamental situation changed completely, and we saw this.


In fact, palm oil is a variety that has fallen a lot and is smooth recently. If it is smooth, it is easy to hold it, including cotton and copper. There are obvious fundamental changes and it goes smoothly, which will be more friendly for the transaction. Therefore, palm oil and apples are the varieties that I traded more recently.


Followed by the black plate, there are also many transactions, including threads, iron ore, coking coal and coke. From May to now, these varieties are mainly traded.


09


Raise awareness. Iron ore earns more than one million yuan.


In the investment of iron ore, my profit reached more than 1.5 million yuan.


The investment result is the realization of personal cognition, and the fundamental trader earns the money of knowing the world.


The market of black varieties, starting from the monetization of shed reform in 2015, accelerated to "carbon neutral peak carbon dioxide emissions", and experienced a magnificent bull market, with all varieties increasing greatly.


In 2021, after the national "three red lines", we think that the market logic foundation of the black plate began to change. But it doesn’t mean that as soon as the fundamental situation changes, we have to trade immediately, and it sometimes takes time to change from quantitative to qualitative.


The real decline of the black system also began this year. Last year, it may be related to the global political and economic situation, especially the easing after the epidemic.


Starting from 2022, the United States will lead to contraction, and international varieties such as iron ore will be affected. Iron ore is a relatively volatile variety, which is related to both the black plate and the global macroeconomic environment. So it is a variety that I have made more in black.


Judging from the situation of supply and demand, everyone has already seen the reduction of steel production. In addition, the global economy is affected by the tightening caused by the interest rate increase in the United States. These factors are more obvious in iron ore. In addition, screw thread and "double coke" have also been done. These varieties have achieved good returns this year.


10


Laughing deeply understands the withdrawal of red dates with losses


My experience of losing money is very rich. Last year, about 60% of the capital interest in Xiaotian’s account was withdrawn.


The withdrawal of funds is a process that we will inevitably experience in the process of growing up, and it is an inevitable price to pay.


When the retracement happened, it seemed that we lost money, but in fact it helped us expose our own problems in the transaction and brought us an opportunity to reflect, correct and improve.


We have gradually enriched our experience in dealing with retracement, first, in fund management, and second, in grasping the fundamentals. This is a progressive process, and I hope I can slowly control the retreat after that.


Every big loss is a good accumulation of experience and a personal transformation. Every big loss experience is unforgettable, and every big loss variety is painful.


After each loss, I have a deeper understanding of a variety. In 2021, my big loss was on red dates. At that time, the production of red dates was reduced, and the price was predicted to rise.


For a variety like apple, we already know its ceiling price, but for a new variety like jujube, to be honest, there was still a lack of understanding of the price ceiling at that time, and the consumption power was overestimated.


Loss is not a bad thing; At least, for that variety, we will be more confident in the future, and the immediate loss is the cost that will not be lost in the future.


When trading red dates, my own position basis and reasons for opening positions were based on my own judgment at that time. The main basis was that I learned the information of jujube production reduction at the first time, which benefited from the information blessing of many friends and investment partners around me.


I know that after the production of red dates was reduced, I entered the market as soon as possible, although there were also exits on the way. Regulatory factors or various kinds of information from the market, such as less production than expected, will have a certain impact on intraday trading, but they have been taken down all the way, and the bottom warehouse has basically been there.


We thought there would be a higher price in the future, so we didn’t leave the position, but later there was a big retreat, basically like this.


When I fell, I was also carrying it at first. Until the New Year, I found that I really couldn’t keep up with my consumption. At that time, I decided to come out, but I had already retreated a lot of profits, so I made a wave and retreated a wave.


The biggest lesson we have learned is:The price of any variety in the transaction has a ceiling. This ceiling is essentially the point where high prices curb consumption.


Varieties such as red dates and apples are expensive to a certain extent, and people’s acceptance is poor. After doing it once, you will get a valuable experience, and you will know later.


In fact, my mood is rather depressed because the withdrawal of net worth is very large, and my psychological pressure is relatively great. But after you are out, you will let go. Adjust yourself as soon as possible to meet the next transaction. There will always be progress.


If you are small-minded, you can’t bear the fluctuation. When we finish the last transaction, we should invest in the next transaction with a brand-new mentality. Only by earnestly learning from the last experience and lessons can we do better and better.


11


It is common to study the stock market futures market carefully.


If we want to succeed in the stock and futures markets, we must study them thoroughly.


Fundamental trading, whether in stocks or futures, must be thoroughly studied.


For stocks, it is necessary to be able to calculate the profit of an enterprise in the future. The expectation of profit depends not only on your judgment of this industry, but also on your understanding of the profitability of the enterprise itself.


When we plan to invest in stocks, we can calculate how much money it will earn in the next year and what kind of valuation the market will give it, then we can figure out what price it will rise in the future. Although this calculation is not necessarily very reliable, at least you can know what its future trend should be like.


I used to do a lot of cyclical stocks, which have a certain connection with commodities, which is also a favorable help for me to transform into commodities later.


The price of goods will be reflected in the profits of listed companies; Similarly, the judgments on commodities and futures are basically the same.


We can draw some preliminary conclusions about stocks through calculation. For example, coal companies and mining companies can basically calculate their profits through the prices and costs of commodities. If you can give a correct valuation, you can probably figure out what price their share price will reach.


The same is true of futures. When you understand the relationship between supply and demand, you can know the ups and downs.


twelve


Reduce retracement management positions and strengthen self-discipline


Many people have ups and downs in futures investment, which is also a problem I encountered two years ago. That is to say, you can’t control the retreat, you can earn a lot when you earn, and you lose a lot when you retreat.


Futures trading sometimes embodies human nature. In this process, investors can only become mature day by day if they constantly experience and improve themselves.


Positions reflect the degree of greed and fear of investors. When you are greedy enough, you will often add a lot of positions, and many mistakes will occur during this period.


We should avoid the ups and downs in income and strive to reduce the retracement.First, to strengthen position management, we must have strict discipline.For example, ask yourself that the allocation of funds for a single variety should not exceed 20% or even 10% of the invested funds. As long as you can control yourself, then you can basically control the retreat.


The second is to improve personal cognition.Studying the fundamentals clearly can improve the winning rate.


If an investor not only improves the control of his own greed and fear, but also strengthens the cognition of the attributes of the goods themselves, it will certainly be of great help to control the withdrawal of funds and avoid ups and downs.


Investors can’t guarantee that the fundamental research they have done is correct, and the chance of making mistakes is inevitable.


When we place an order through fundamental research, if the market runs in the direction of research, then we should hold this order because you are right.


If there is a loss after two or three consecutive orders, it indicates that there may be something wrong with our research or the timing is wrong.Fundamental trading does not mean stubborn trading.


If the market trend does not match the research results, then we will start to question whether our research is correct. Is there anything else you haven’t noticed?


Sometimes my position will be higher, but this may be because there are many kinds of transactions. In fact, my position of a single variety will not exceed 20% now.


13


Short palm, seize the opportunity and make a big profit


I didn’t have many successful transactions in the past. Whether I made apples or red dates last year, although I made money, I made a big retreat.


I think it is a successful case to make palm oil in 2022.


At that time, when I saw Indonesia’s major turning point from banning the export of palm oil to accelerating the export one month later, I began to short palm oil, but unfortunately I didn’t get it from the beginning to the end.


Although the decline of palm oil exceeded my personal expectation, I basically entered the market at the highest point in this variety. Although I came out early, I didn’t retreat, so I was quite satisfied.


I was able to do this transaction better because:


First of all, thanks to our continuous tracking of its fundamental data.I have made detailed data on all oils and fats.


Secondly, seize the right opportunity to enter.At the moment when the contradiction between supply and demand occurred, I captured the information in time and was able to open the warehouse decisively.


Finally, the trading system and plan were strictly implemented.Instead of being a "frightened bird" in the market development, we have become a "snail that climbs up step by step".


This should be a successful case.


14


Hard work pays off.


Many fundamental traders are persistent and dedicated.Apart from the hobby of sports, I spend most of my life doing research except eating and sleeping.


I do data every day, and I buy a lot of data myself, such as Zhuo Chuang and Gang Lian. The time spent doing research is much longer than the time spent doing business. Except for trading, they are basically doing research.


With the accumulation of time, your cognition will continue to improve; You will become more and more familiar with all aspects of the variety. In the long run, you will have a qualitative change. When there are some fundamental changes in the varieties you are familiar with, it will be relatively easy and faster to grasp.


When each variety has a very clear sense and cognition in your mind, you are very skilled in it, and once the market changes, you will know how to judge.


Since 2017, I have accumulated nearly five years. Looking back now, it was relatively ignorant and naive.


Since 2019, I really accumulated the data and began to gradually understand various varieties.


15


Looking forward to the future, my heart is still climbing hard.


Many subjective traders around me have a lot of ups and downs.


When losing money, the mentality will not be too good.If an investor has a large position, the pressure can be imagined when he encounters losses. This is also related to the investor’s personality.


No matter what kind of investment you make, don’t be too heavy, which is the core of futures trading. It is necessary to grasp the fundamental situation and control human nature.


The result of the transaction matches the investor’s personality.A successful investor, after trading for several years, should be able to realize: what kind of person am I? What is my risk tolerance? Will I be anxious? Everyone’s personality is different, and the answers cannot be the same.


Experience can be replicated.If we have a knowledge of our own personality, then we will slowly explore a set of position management methods suitable for us. Everyone’s personality experience is different, and naturally it will not be repeated when it comes to trading, so everyone should optimize their own model, and it is more difficult to completely change it.


I hope I can do better in futures.


Many commodities have fallen for a long time this year, so you can pay attention to it. Varieties that have not fallen sharply, such as crude oil and soybean meal, can still be concerned.


Whether it is a subjective transaction or a programmed transaction, as long as it can make money continuously and steadily, it is a good way to trade for yourself.


Many excellent programmed trading teams or individuals have small retracement, well-controlled capital curve, stable income and excellent performance. The key is to find their own methods.


Therefore, I also agree with programmatic trading, but I will still stick to my fundamental trading method.


I am full of curiosity about this world, and I have a heart that I always want to explore and know. When I study a variety and understand its silent language and movement trend, I will have a great sense of accomplishment.This feeling, if I engage in programmatic trading, may not be available.


The ruler is short and the inch is long, and what suits you is the best.In the commodity market, behind the price changes of different varieties, there are many contradictions in economy, politics, macro-policy, culture, company management and supply and demand. If I can know more about the world, understand it more deeply, and reflect it with good results in my trading account, this is my greatest sense of accomplishment and my greatest happiness.


For traders, courage is definitely a double-edged sword. I think it’s better to be timid.


There are many ups and downs in the market, and not many people can make money for a long time and steadily.


A wave of big market can achieve a group of people; But after two years, you will find that many people have disappeared again. This is the normal state of investment.


Instead of ups and downs like that, it is better to take small steps steadily every day and not be too greedy. I prefer this mode.


16


Message exchange and learning in the competition have been greatly improved


Two years ago, my trading account retreated a lot, so I always wanted to find a good solution, and I wanted to communicate with experts and learn more from you.


I’ve tried many ways before, but the results are not ideal.Later, I found that it might be a good idea to participate in the competition, because during the competition, I can see the fund curves and net worth charts of some other excellent players, and the master’s practice will be of great enlightenment and help to me; Compared with our own capital curve, we will find many problems, understand many truths, correct many shortcomings and improve our requirements.Therefore, with this purpose in mind, I signed up for the big hand net competition.


There is a "seven-tailed fox" transaction analysis software in Dapan. com, which can conduct a comprehensive dialysis of its own fund accounts, which is better than some curve analysis of fund management we have done ourselves. So I like and cherish such an opportunity to learn and improve.


I hope that the large-scale mobile phone network can continue to be run, and the better it is! I also hope that more and more investors can join this platform of learning, communication and improvement, and I hope that everyone can make money!


Note:The content of this article is for reference only, not as investment advice. The market is risky and investment needs to be cautious..


200609 was compiled from an exclusive interview with the contestant "Da Tian Aaron"

(Editor: Zhao Peng)

   [Disclaimer] This article only represents the views of the third party and does not represent the position of Hexun. Investors should operate accordingly, at their own risk.