Wenxue business data school

On July 16th, SMIC was officially listed in science and technology innovation board. Although the outstanding shares in A shares only account for about 14% of the total issued shares, and the P/E ratio is as high as 113.12 times (calculated at the issue price of 27.46 yuan/share), it still received enthusiastic pursuit and the opening price soared. On the other hand, TSMC, the world’s largest wafer foundry with SMIC as the benchmark, will also release its financial report for the second quarter of 2020 today.

Chips are generally divided into three links — — Chip design, chip manufacturing and chip packaging testing, among which, the wafer foundry link in chip manufacturing where SMIC and TSMC are located is one of the weakest links in Chinese mainland’s chip industry chain at present.

"First-class design, second-class packaging and testing, and third-class chip manufacturing", Sheng Linghai, vice president of global consulting firm Gartner Semiconductor Research Group and analyst, commented on the current situation of Chinese mainland’s chip industry and global benchmarking to Business Data School. "At present, Huawei Hisilicon’s chip design is already the world’s first-class level, and the technical threshold for packaging and testing is relatively low, but the chip manufacturing link — — The technology including upstream mask aligner equipment and wafer foundry is still far from the world’s first-class. "

According to incomplete statistics, there are as many as 20 chip companies listed or to be listed in science and technology innovation board from April to July, but only one chip manufacturer is SMIC.

Just recently, at the moment when the "half-time war" in chip manufacturing was tense, the Chinese Academy of Sciences announced that it had broken through the 5-nanometer lithography technology, and SMIC had also developed a production process below 7 nanometers, which could be mass-produced by the end of the year, which brought a glimmer of light to the localization of chips, but how much did these relieve the urgent demand for high-end chips in one to three years?

Business Data School made a detailed comparison between SMIC and TSMC in the past five years. From the perspective of revenue scale (see the figure below for details), TSMC’s revenue has always been more than 10 times that of SMIC, while its wafer shipment is only about 2-3 times, which means that SMIC’s price per wafer is cheaper than TSMC’s, which shows that SMIC’s bargaining power is far lower than TSMC’s.

(Cartography: Business Data School)

(Cartography: Business Data School)

According to the rough calculation of Business Data School, in 2019, the shipment price of TSMC per wafer was about $3,609.1, while that of SMIC was only $619.6, with a price difference of six times.

(Cartography: Business Data School)　

It is precisely because of the low price that SMIC’s gross profit margin has remained between 20% and 30%, far below TSMC’s gross profit margin of over 45%.

　The reason why the price gap is so large is that SMIC’s mass-produced products are still relatively backward. In 2019, the two areas with the largest production capacity are still between 0.15/0.18 micron and 55/65 nm, while the current world-class high-end chips are mainly 14 nm, especially at 28 nm. Now there has been a global overcapacity situation.

At present, the revenue of SMIC’s 14 nm and 28 nm process products is relatively low, and the 28 nm process products are facing the risks of overcapacity, continuous decline in revenue, high depreciation pressure and negative gross profit margin.

In the past three years, the revenue of SMIC’s 28 nm process products was divided into 1.63 billion yuan, 1.24 billion yuan and 810 million yuan, accounting for 8.12%, 6.19% and 4.03% respectively, and the revenue and proportion continued to decline; In the fourth quarter of 2019, mass production of 14 nm process products began, and the related income was 57.0615 million yuan, accounting for 0.29%.

To sum up, SMIC has transferred some general equipment originally used in the 28 nm process to other processes with higher profits.

(Cartography: Business Data School)

This also directly determines the level of net profit. The net interest rates of SMIC in recent three years are 5.1%, 2.3% and 4.1%, which are far lower than the net interest rates of TSMC of 32.3%, 34.0% and 35.1%.

After deducting non-recurring gains and losses in 2018 and 2019, SMIC’s net profit attributable to shareholders of the parent company was negative, which were-6.168 billion yuan and-5.22 billion yuan respectively.

Behind the difference in chip prices between SMIC and TSMC is the gap in advanced technology. To further enhance commercial competitiveness, we must catch up technically.

The rich terminal application scenarios of integrated circuits determine that the mainstream technology nodes and processes of chip products in various sub-sectors are different, and the technology iteration and corresponding market demand change rapidly.

Advanced technology generally advances one generation after one to three years, such as TSMC’s mass production of 16 nm /14 nm in 2015, 10 nm in 2016, 7 nm in 2018 and 5 nm in 2020. If the technology iteration of wafer foundry lags behind the technological requirements of product application, it will not meet the needs of the market and customers.

According to IC Insights statistics, TSMC accounted for 59% of the global pure wafer foundry market share in 2018, and SMIC accounted for 6%. The mass production time of SMIC’s 14 nm process is 2019, and the next generation process has entered the stage of customer introduction.

Although the research and development of advanced technology needs constant capital investment and accumulation, the emergence of key technical figures can often push this process forward a long way.

A key figure behind SMIC’s breakthrough in 14 nm and 7 nm technology is Liang Mengsong, the co-CEO of SMIC. In just 298 days, the difficulty of 14 nm process technology was overcome, and the yield of the process was improved to 95%.

As a former research and development backbone of TSMC, Liang Mengsong is one of the top ten chip talents in the world. After leaving TSMC for half a year in 2009, Liang Mengsong joined Samsung, which directly upgraded Samsung’s technical level by one generation, from 28 nm to 14 nm.

The next SMIC to conquer is the mass production of 7 nanometers.

In addition, according to Liang Mengsong, the development route of SMIC’s 7nm process technology is not much different from TSMC’s. On the 7 nm process node, three types have been developed, among which the manufacturing process of N7 and N7P can not use EUV lithography technology, while the process of N7+ will use EUV technology, but even if EUV technology is used, the number of mask layers is very small.

On the 5nm process node, EUV lithography technology has been fully utilized, and the number of mask layers can reach as many as 14, which is a high technical level in the industry. — — This is also the part that TSMC is currently trying to mass-produce.

In addition, in terms of production capacity, TSMC currently operates a 150mm fab, six 200mm fabs, five 300mm fabs and four advanced back-end fabs. In 2019, the annual production capacity (in terms of 12-inch equivalent wafers) was about 12.3 million wafers, while in 2018 it was about 12 million wafers. This growth was mainly due to the expansion of 7-nanometer technology.

The layout of SMIC’s fabs is as follows: there are a 300mm fab, a 200mm fab and a controlled 300mm advanced process fab in Shanghai; There is a 300mm wafer factory and a holding 300mm advanced process wafer factory in Beijing. There are two 200mm fabs in Tianjin and Shenzhen. There is a holding 300mm bump processing joint venture factory in Jiangyin.

Since it is a strong technology-driven business, it is inevitable to invest in research and development. The figure below shows the magnitude and proportion of global chip companies’ investment in R&D in 2019.

　Taking SMIC as an example, R&D expenses mainly include depreciation expenses, research and testing expenses, employee compensation expenses, etc. From 2017 to 2019, R&D expenses were 3.57 billion yuan, 4.47 billion yuan and 4.74 billion yuan respectively, showing an increasing trend.

However, the fastest growth is actually "depreciation expense", which is due to the purchase of some advanced machinery and equipment with higher unit price, which makes depreciation expense increase year by year, accounting for 30.34% of R&D expenses in 2019.

Secondly, the cost of research and testing is mainly the sample fee, which was 1.31 billion yuan in 2019, accounting for 27.70% of the research and development expenses, and the research and development efficiency has improved.

Thirdly, it is the salary cost of R&D personnel. In 2019, the salary of R&D personnel of SMIC exceeded 900 million yuan.

Sheng Linghai revealed that due to the current hot chip industry, chip engineers are very expensive at present. A chip design engineer with 10 years of experience has an annual salary of more than 1 million.

Let’s go back to the landing of SMIC in science and technology innovation board. The main purpose of raising funds is also for the construction of new production lines and R&D reserves. Among them, the investment of the 12-inch chip SN1 project is 8 billion yuan, which is used to meet part of the capital demand for building a 12-inch production line project with a monthly production capacity of 35,000 pieces, and the production technology level has been upgraded to 14 nanometers and below; Advanced and mature technology research and development project reserve fund project raised funds of 4 billion yuan for technology research and development to enhance the company’s market competitiveness.

Although the localization of chips is the general trend, the trend of globalization has not changed — — The chip was designed in the United States, processed in Taiwan, China, packaged in Malaysia, and finally sent to China for production and global sales.

"The birth of semiconductors is a result of the common development of all countries. So far, no country can have a complete semiconductor industry chain by itself." Su Wei, general manager of China Resources Microelectronics OEM Group, said, "At present, the self-sufficiency rate of domestic chips is less than 30%, and the development of China’s entire semiconductor industry chain is obviously short-board, but in the field of power semiconductors, we see that it is the first to break through and the gap with the international first-class technology level is narrowing."

At present, the low-end chips can be basically localized, but if we want to go to the high end, the wafer foundry link where SMIC is located will be a key link for the 7-nanometer mass production in the next three years. If it can be successfully realized, Chinese mainland’s chip manufacturing will take another step towards the world-class goal.

Recently, State Taxation Administration of The People’s Republic of China, the Ministry of Finance and China State Railway Group Co.,Ltd. jointly issued an announcement, making it clear that from November 1, 2024, all-round digital electronic invoices-electronic railway tickets-will be promoted and used in China’s railway passenger transport field. Then, if the passenger needs to change the electronic invoice (railway electronic ticket) after obtaining the electronic invoice (railway electronic ticket) because of the buyer’s wrong information, how can the railway transportation enterprise issue the red-ink electronic invoice (railway electronic ticket)? Let’s watch together ↓

If the buyer fails to confirm the use and entry, the railway transport enterprise shall fill out the Confirmation Sheet of Red-ink Invoice Information (hereinafter referred to as the Confirmation Sheet, see Annex 2) and issue a red-ink electronic invoice (railway electronic ticket).

If the buyer has confirmed the use or entered the account, the railway transport enterprise will fill out the Confirmation Sheet, and after the buyer confirms it, the red-ink electronic invoice (railway electronic ticket) will be issued according to the Confirmation Sheet. If the buyer has used the electronic invoice (railway electronic ticket) for VAT declaration and deduction, it shall temporarily transfer the VAT amount listed in the Confirmation Sheet from the current input tax amount, and after obtaining the red-ink electronic invoice (railway electronic ticket) issued by the railway transportation enterprise, it shall be used as the original voucher together with the Confirmation Sheet.

Heavy air pollution is coming again. From the evening of February 10th to the morning of 11th, Shanghai, Suzhou, Hangzhou and Changsha issued warnings of heavy air pollution!

On the morning of February 11th, the Central Meteorological Observatory issued an early warning. From 11th to 14th, the atmospheric diffusion conditions in central and southern North China, Huanghuai, Jianghan and Sichuan Basin were poor, with mild to moderate haze and severe haze locally.

Shanghai

On the evening of February 10th, according to @ Shanghai Environmental News, on New Year’s Eve in 2024, affected by regional transportation and fireworks, PM2.5 pollution occurred in Shanghai.

As of 23: 00 pm, Shanghai Air Quality Real-time Release System continued to issue warnings of severe and above pollution.

Affected by the accumulation of local static stability caused by the nearby pollution transportation, it is expected that PM2.5 pollution will occur from the night of the 10th to the morning of the 12th, in which the fireworks and firecrackers will be set off from the night of the 10th to the morning of the 11th, which will reach severe and above pollution in a short time.

As of 22: 00 pm on the 10 th, the PM2.5 situation of various air automatic stations in Shanghai was "red" in Shanghai.

According to the news released by @ Shanghai Weather at 10: 51 on the 11th, it was still sunny to cloudy on the 11th, and there was fog in some areas before the morning. Due to the static atmosphere, there was mild to moderate haze on that day, and the air was moderately to heavily polluted in the morning. Friends with sensitive physique should pay attention to protection. In the morning, the temperature varies greatly, ranging from 1℃ to 7℃. It is expected that the highest temperature will be around 14℃, with a wind of 3-4 from west to northwest and a relative humidity of 90%-35%.

Suzhou

According to the news released by Suzhou on the evening of February 10th, the Office of the Leading Group for the Special Work of Air Pollution Prevention and Control in Suzhou issued an announcement. According to the report, in the next few days, the atmospheric diffusion conditions in Suzhou will continue to deteriorate, and it will continue to encounter severe and even serious pollution. At 18: 00 on the 10th, the city launched a Class II emergency response to heavy polluted weather, and all localities and departments should implement various emergency emission reduction measures to minimize the impact of heavy polluted weather.

Hangzhou

According to the news released by Hangzhou on February 10, due to the impact of fireworks and firecrackers, Hangzhou issued a Class III (yellow) warning for heavily polluted weather on February 9, and the air quality was poor. Please take precautions!

It is reported that, due to the fireworks, the air quality in Yoshiko Yura of Hangzhou city rose to light pollution from 19: 00 on February 9th (New Year’s Eve), and then the concentration of fine particulate matter (PM2.5) rose rapidly. By 22: 00 on the 9th, the air quality index (AQI) had reached 371, which was a serious pollution (AQI was greater than 300).

In the case of unfavorable diffusion conditions, as of 10: 00 on the 10th, the AQI of Hangzhou urban area was still 225, and the air quality remained heavily polluted. According to the analysis of meteorological conditions and pollutant diffusion trend, it is estimated that the air quality today is heavily polluted. According to the relevant provisions of the Emergency Plan for Heavy Pollution Weather in Hangzhou, a Class III (yellow) warning for heavily polluted weather is issued and Class III response measures are initiated.

On February 10th, the Hangzhou Municipal Bureau of Ecology and Environment issued an initiative to reduce the discharge of fireworks and firecrackers.

Changsha

According to Huasheng Online’s 11th news, the reporter learned from Changsha Ecological Environment Bureau that the concentration of PM2.5 in Changsha soared rapidly on New Year’s Eve, and the air quality deteriorated sharply. At 21: 00 on February 9th, the air quality reached heavy pollution, and by 14: 00 on February 10th, the heavy and above pollution had lasted for 18 hours (including 11 hours of heavy pollution and 7 hours of off the charts). According to the relevant regulations, it is decided to start the yellow warning of heavy pollution weather at 15: 00 on February 10, 2024, and at the same time start the yellow (level III) response measures.

Source | Observer Network Synthesis

Original title: "Heavy pollution! Multi-site emergency release "

Read the original text

　　The earthquake is sudden and destructive.

　　Master the correct and scientific methods of shock absorption.

　　In order to minimize losses and injuries.

　　During and after the earthquake

　　What can I do to better protect myself?

　　Master together

　　↓ ↓ ↓

　　Hiding indoors or outdoors during the earthquake?

　　When an earthquake happens, you should first keep calm.

　　Quickly judge your position and vibration.

　　If you are on the first floor of a bungalow or building

　　And the outdoor space is wider.

　　Can quickly run outdoors for shock absorption.

　　If you are on the second floor or above and the building quality is good.

　　Indoor shock absorption is preferred.

　　generally speaking

　　When the earthquake magnitude reaches 4 or above

　　There will be a feeling of bumps like waves.

　　At this time, it is necessary to consider avoiding danger indoors.

　　If you are outdoors,

　　You should avoid the building quickly

　　Overpasses, billboards, etc.

　　Stay away from dams and steep slopes.

　　High voltage lines, telephone poles, etc.

　　Which indoor areas are safer and more earthquake-resistant?

　　main wall

　　The included angle area formed by two load-bearing walls

　　Safer and more earthquake-resistant

　　By knocking on the wall, contrasting the sound

　　The position of the indoor load-bearing wall can be determined.

　　generally speaking

　　The knocking sound of load-bearing wall is more solid than porcelain.

　　Non-bearing wall

　　There is a hollow feeling in the knocking sound.

　　At home, you might as well look in every room.

　　In the event of a strong earthquake

　　You can quickly run to the nearest corner to avoid danger

　　toilet

　　If you are in the bathroom

　　You can quickly turn on the faucet and seal the sink.

　　Enhance air humidity

　　So as to replenish that wat needed by the body when breathe.

　　When hiding in the bathroom

　　Squat down and keep your head below the sink.

　　Although the bathroom is a relatively ideal shelter.

　　But its safety range is very limited.

　　Other "shock zones" at home

　　During an earthquake, try to avoid it.

　　Open a small room with a load-bearing wall

　　Next to sturdy tables, beds, sofas and other furniture.

　　It can also be used as a "shock zone"

　　You can squat in these areas.

　　Cover your head with a cushion.

　　If you hide in the nearest cabinet or refrigerator,

　　Pay attention to hiding on the short side.

　　Never turn the window or even jump off a building in a panic.

　　You can’t take the elevator either.

　　If there is an earthquake while sleeping,

　　Be awakened by shock when sleeping.

　　Be prepared for hedging immediately.

　　You can grab the pillow and buckle your ears.

　　Roll quickly under the bed and lie down.

　　Form a triangular space with two elbows.

　　And the height of the body is lower than that of the mattress.

　　There is a relatively safe "shock zone" at home.

　　There are also "minefields"

　　Expert tips

　　When the earthquake happened,

　　Never hide on the balcony.

　　Also stay away from bay windows, kitchens and stairwells.

　　If an earthquake occurs,

　　Be in a relatively unfamiliar environment

　　You should find tall and hard objects.

　　Hide beside it

　　And keep your head lower than these items.

　　Master scientific knowledge of shock absorption.

　　Can save lives at a critical moment

　　Poke video ↓

　　What should we pay attention to after the earthquake?

　　After a major earthquake, aftershocks often occur frequently.

　　Pay close attention to aftershock information

　　Some buildings may not have collapsed during the main earthquake.

　　But it may collapse during aftershocks.

　　Do not approach or use it.

　　Houses without safety appraisal

　　So as not to cause secondary injury.

　　Keep calm in times of crisis and avoid risks scientifically.

　　lookLuding is safe!

　　Salute to all rescuers!

　　Life needs a sense of ceremony, and Chinese New Year is an important ceremony in Chinese’s traditional customs. As the highlight of this ceremony, the New Year’s Eve dinner is of great significance.

　　How many people have traveled thousands of miles by train just to have a reunion dinner with their relatives. This is probably the longest meal eaten by most Chinese in a year, and it is also the most unforgettable meal.

　　This meal has gone through thousands of years, from simple and concise to rich and diverse, and witnessed the historical changes.

　　However, do you know that the changes of the New Year’s Eve dinner also affect the statistical investigation? The following small series will take you to understand the unknown statistical cold knowledge in the New Year’s Eve dinner!

　　Monitoring and investigation of livestock and poultry

　　Help you pay attention to the price of Chinese New Year "hard dishes"

　　Chicken, duck and fish can be said to be the standard of New Year’s Eve, and many places still retain the custom of killing pigs. New year’s dishes made by livestock and poultry have always been an indispensable "hard dish" on the dining table.

　　The price of chicken, duck, pig, beef and mutton is closely related to the quantity and price of slaughter. The monitoring and investigation of livestock and poultry we carry out is to pay attention to their quantity and price at all times.

　　However, from the monitoring data in recent years, due to the development of refrigeration and transportation technology, the price of livestock and poultry is not affected by festivals, and the supply of chickens, ducks, pigs, cattle and sheep is stable and sufficient.

　　Diet preference custom

　　Affect the weight of CPI compilation in various places

　　Although it is the same New Year’s Eve, there are totally different eating customs in different places. For example, as a coastal city of Ningbo, seafood is an essential frequent visitor to the table; As a southwest province in Sichuan and Chongqing, hot pot and string are the necessities of the annual flavor … …

　　The consumer price survey, also known as CPI, is closely related to the dietary preferences shown by everyone at the New Year’s Eve dinner.

　　For example, because Ningbo residents consume more seafood, the weight of aquatic products is higher in the compilation of CPI in Ningbo; In some inland cities, the consumption of meat is greater, so the weight of livestock meat is higher.

　　Eat at home or eat out?

　　Affect the classification of consumption expenditure

　　With the living conditions getting better and better, many families began to book New Year’s Eve dinners in restaurants and hotels, while some families invited chefs to their homes to make New Year’s Eve dinners.

　　This subtle change is also reflected in the residents’ living expenses.

　　If you bring your own New Year’s Eve dinner, it will involve various items such as grains, vegetables, meat and poultry, aquatic products and drinks. Eating out for New Year’s Eve or letting the chef come to the door is a catering service.

　　lucky money

　　Not included in disposable income.

　　For children, the last part of the New Year’s Eve dinner is the lucky money! Lucky money! Lucky money! Although it may be "mom saves it for you" in the end, I am still looking forward to this moment.

　　However, the lucky money is not included in the disposable income we often say, but included in the non-income income together with other one-time gifts, so the lucky money is generally not included in the income of residents we often say.

　　The above is the statistical cold knowledge about the New Year’s Eve dinner.

　　Look, isn’t statistics interesting?

　　Tianshan net-Xinjiang Daily reporter Yu Jiangyan

　　After the heavy truck enters the power exchange station, the driver scans the code properly and sends out the power exchange instruction, and the power exchange truss car automatically grabs the old battery and replaces the new battery … This is the scene of replacing the battery for the heavy truck in the No.1 power exchange station of Wusu City on June 8. After the heavy truck enters the station, the battery is automatically replaced in the whole process, and it takes about 5 minutes on average from entering the station to leaving the station.

On May 15th, No.1 power station of Wusu Power Exchange Heavy Truck was put into operation. Photo courtesy of Xinjiang Zhaoyuan Lvneng Co., Ltd.

　　Wusu Heavy Truck No.1 Power Station was put into operation on May 15th this year, which is the first heavy truck power station put into operation in Tacheng area. Located in the "Golden Triangle" of Wusu, Kuitun and Dushanzi, millions of tons of coal are transported to neighboring power plants and petrochemical enterprises every year. In order to realize the goal of "double carbon", Tacheng area took the lead in popularizing and applying heavy trucks for replacing electricity in coal transportation industry.

　　"The power exchange station has 8 stations and is equipped with 7 sets of lithium iron phosphate batteries with a capacity of 282 kWh." Jin Shengli, director of the planning and development department of Xinjiang Zhaoyuan Green Energy Co., Ltd., the builder of the power exchange station, said that the power exchange station can guarantee the all-weather operation of 50 heavy trucks.

　　Building a green and clean transportation system is not only accelerating the layout of heavy trucks for power stations in Tacheng area, but also accelerating the Eighth Division of Xinjiang Production and Construction Corps, Changji Hui Autonomous Prefecture, Urumqi City and Turpan City.

　　At the end of March, the heavy truck replacement power station invested and built by Xinjiang Derun Xiexin Energy Technology Co., Ltd. in Shihezi City was put into operation, which can guarantee 30 heavy trucks to operate all day, and the full-load operation can meet the power replacement demand of 50 heavy trucks. At present, the vehicles that go to the power station to change batteries are mainly heavy trucks engaged in short-distance coal transportation, which transport the coal unloaded from the railway station to nearby power plants.

　　In January 2022, the People’s Government of the Autonomous Region issued the Guiding Opinions on Further Accelerating the Promotion and Application of New Energy Vehicles and Industrial Development, proposing to accelerate the electrification and demonstration construction of hydrogen fuel in the transportation field, focusing on "Urumqi-Changzhou-Shijiazhuang", "Kuidu-Urumqi" and the joint control area of atmospheric defense in Yili Kazakh Autonomous Prefecture. In April, 2022, the first electric heavy truck power station in Xinjiang was put into use in Ganquanbao Economic and Technological Development Zone in Urumqi.

On May 15th, No.1 power station of Wusu Power Exchange Heavy Truck was put into operation. Photo courtesy of Xinjiang Zhaoyuan Lvneng Co., Ltd.

　　In addition to the layout of heavy trucks for power stations, Xinjiang will also arrange hydrogen refueling stations. At present, relevant enterprises in Yili Prefecture, Hami City and other places have heard the news and plan to take the lead in promoting hydrogen fuel heavy trucks in mining and transportation industries such as coal.

　　"We produce hydrogen by electrolyzing water through photovoltaic power generation. At present, the hydrogen production plant has completed the construction of’ three links and one leveling’ and can produce green hydrogen at the earliest end of the year." Luo Fengxiang, deputy director of the operation department of Yining Lianchuang Urban Construction (Group) Co., Ltd., said that after the production of green hydrogen, it is planned to purchase the first batch of 247 hydrogen fuel vehicles, including 200 hydrogen fuel heavy trucks and 35 hydrogen fuel dump trucks, to promote the demonstration of hydrogen fuel green transportation in Yining City. Among them, 200 hydrogen fuel heavy trucks will be first used in the coal transportation industry.

　　At the end of last year, Beijing Yihuatong Technology Co., Ltd. signed a strategic cooperation framework agreement with Yining Municipal People’s Government and Yining Lianchuang Urban Construction (Group) Co., Ltd. to jointly promote the construction of the integrated project of photovoltaic green electricity hydrogen production source, grid and storage in Yining City. It is estimated that the annual production capacity of the hydrogen production plant will reach 20,000 tons, and 20 hydrogen refueling stations will be built to meet the daily operation needs of more than 3,000 hydrogen fuel heavy trucks.

　　While Yining City promoted the construction of photovoltaic power generation and electrolyzed water to produce hydrogen, the hydrogen energy industry in Hami City also started quietly. On June 5th, Guanghui Energy Co., Ltd. signed an equity cooperation agreement with Jiaxing Shenneng Chengchuang Equity Investment Partnership (Limited Partnership) and Shanghai Reshaping Energy Technology Co., Ltd., and established Xinjiang Huishen New Energy Technology Co., Ltd., which promoted the production of hydrogen from green electricity and the purification of industrial by-product, carried out the promotion and demonstration of hydrogen energy heavy trucks, carried out the construction of hydrogen production, storage and transportation, hydrogen refueling stations and hydrogen sales, and carried out the integration of green electricity substitution, source network storage and hydrogen energy industry. At the same time, according to the degree of market cultivation and development, timely invest in the construction of hydrogen battery assembly plant, vehicle assembly and other related supporting industries in Hami.

　　With the continuous development of the green transportation system, it will be as simple to replace batteries and hydrogenate heavy trucks in Xinjiang in the future as it is to refuel at a gas station.

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Special feature of 1905 film network The online drama "The Beginning" ended, and Douban scored 8.2 points.Are you satisfied with this ending? What is the ending in your mind?

　

In any case, The Beginnings has brought the audience into the "circular" world, especially after hearing Cannon, some viewers will have the same conditioned reflex as Li Shiqing (ornaments).

　

After three days of broadcasting, the broadcast volume has exceeded 100 million. So far, the broadcast volume has exceeded 1.2 billion, and the average number of hot searches for single episode updates has exceeded 20. Not only that, the series has been bought overseas for broadcasting rights, and there are even plans to shoot a film version through the Internet.

　

Undoubtedly, "The Beginning" is definitely an explosive drama series that opened in 2022.

　

The broadcast effect is good, and many viewers applaud it, even lamenting that the series is underestimated and should have a higher score, while digging deep into the details of the series one by one; However, some viewers have frankly praised this kind of circulating works, which is not as refined as the film, but now it makes the story drag on.

　

So, is the series "The Beginning" worth this score? We have invited Xiao Ke, an audience who likes the play very much, and Xiao Dou, an audience who thinks the play is overrated, to talk about the beginning.

　

"infinite flow"

"infinite flow" is an unavoidable topic in The Beginning.

　

The so-called "infinite flow" is actually that the hero and heroine keep returning to the original space and time in order to complete a certain task until the task is completed.

　

This concept setting is not new. Many viewers pointed out that movies such as this are all similar settings, and domestic movies and dramas also have corresponding attempts.

Although "The Beginning" does not completely conform to this setting in a strict sense, it cannot be denied that this high concept attracts the audience like a "hook" and makes some viewers immersed in it.

　

In Xiaoke’s view, this concept is not the focus of "Beginning". It is more like a suspense set by the creator, letting the audience find the murderer and the story behind the murderer.

　

Like movies with related settings, most of the previous films will be constantly circulating in a single space, strengthening the concept of infinite flow. "The Beginning" does not directly tell the audience that there is a bomb on the bus, but every time there is a new situation, from the so-called accident to the final confirmation that it was detonated for no reason when there was no accident, and it is more certain that the suspect is a passenger on the bus.

　

The progression of this story is to pave the way for the follow-up of the series, where Li Shiqing and Xiao Heyun (ornaments) interrogate the passengers on the bus and lead to the story behind the passengers.

　

Xiaodou thinks that this introduction has affected the narrative rhythm of the drama.

　

He agrees with the interesting spoilers of some viewers on the Internet. From the appearance of two well-known actors, Liu Dan, in the car, the murderer has been very clear. Not only that, from the very beginning, the series emphasized how the driver played by Huang Jue was appraised as advanced in the past, which was completely different from the reaction in the incident situation.

　

Of course, The Beginning didn’t deliberately hide who the murderer was from the audience. At the beginning of the fourth episode, when Li Shiqing shouted that there was a bomb in the car, the explosion developed immediately, and some framing processing was done in the lens picture, which showed that a pair of hands pulled the pressure cooker.

　

Fourthly, it integrates a turning point in the beginning, leading the so-called infinite flow to the topic of finding the murderer.

Although there are details, for the "spoiler" audience, there are fewer surprises in the following plot, and the overall rhythm becomes procrastinating. After all, the next turning point of "The Beginning" is in the eighth episode, when Liu Dan plays Tao Yinghong.

From the fourth episode to the eighth episode, and even the tenth episode behind, the protagonists are constantly circulating in the story, interrogating passengers from all walks of life, and the camera also digs their own human topics, which can be said to be a plus item, but for the main story, it seems a bit lengthy.

This view put forward by Adzuki Bean has indeed become a doubt for many viewers about the rhythm of the plot.

　

"Understanding" of Characters

In Xiaoke’s view, the case of "The Beginning" is not the focus, but the humanity behind it is the place where the play looks good.

　

Drama is different from movies, and the whole drama is single, which can involve more story content. It is precisely because "The Beginning" has a capacity of 15 episodes that it can spread more content and drive the audience to explore everyone in the car, and this kind of excavation of human nature is actually the place where the producer is best at noon sunshine.

　

After the discovery of the bomb and the murderer, The Beginning is to tell the story behind the humble people on the bus. This kind of narration is not single, but also serves the audience to explore the story behind the driver and Tao Yinghong.

　

The late development of the drama, including the quarrel between the man and the woman, actually embodies human nature. In fact, the choice of the male and female hosts in episode 8 is to "save their own lives" or "save the whole car", with the aim of highlighting this point.

　

Besides, in the 10th episode of the series, when the male and female hosts ask the passengers in the car for help, each character has a clearer personality display under the foreshadowing of the previous events, which makes their behavior more convincing.

　

But in adzuki bean’s view, this form does not seem to be the best presentation at present.

　

The narrative perspective of The Beginning, from the perspective of men and women, and then to passengers, tries to convey a concept, "understanding" to the audience in many ways.

Why did some people be indifferent when Li Shiqing cried for help at the beginning? For this reason, the creative team has a lot of details to deal with and explain. For example, the old farmer with watermelon was afraid to go to the police station at first, and it was not until his story line that the audience realized that his past experience would cast a shadow on him.

　

This understanding is also hidden in the confrontation between police officers and men and women. People in the real world naturally find it difficult to understand the concept of "cycle". The drama series relies on every telling of the story to make "understanding" itself have a soul.

　

The idea of the play is good, but the way of promoting it directly leads to the low narrative efficiency, and finally the story of each character can only be told in the middle of the drama in the way of approximate unit drama.

This narrative transition lacks sufficient impetus, which makes the tense atmosphere created at the beginning of the story turn sharply into a warm route, and the split style will also weaken the perception. If it can be shown by film narration, it will be far more compact than the narrative method of this traditional TV series.

　

This kind of rhythm is also missing in the hero and heroine as "circulators".

In the first ten episodes of the series, after more than 20 cycles, they didn’t really give enough useful information. But since the 11th episode, the whole rhythm has obviously accelerated, and this episode is also the key turning point for the third time.

　

But from here on, the story still leaves more than half of the problems unsolved.

Why do drivers and "Aunt Pot" bomb buses? Is there an answer to the story behind it? Can men and women get rid of the cycle? What kind of life will the passengers on the bus be after liberation?

　

After nearly five episodes of exploration, each character in the drama really found their value and acting position. The male and female host began to present the identity of "recycler" to the audience, and intervened in the whole incident, and began to solve these mysteries for the audience one by one.

　

Although "The Beginning" will have a lot to tell, and the current 15-episode series can also be seen to be striving for fine short plays, on the whole, there is still much room for refinement in the narrative mode and rhythm of the story.

　

In fact, both Xiao Ke and Xiao Dou think that The Beginning has many points worthy of recognition in its creative expression. Even if it still has some improvements, it does not affect that it is still a high-quality work in Chinese drama.

　

As for whether "The Beginning" is worth 8.2 points, every audience has its own score in mind.

Perhaps, it can provide proof for the later high-concept dramas, and how to better narrate and enter the audience’s heart. Then, it will be a good "start".

For most people, it is only the beginning to mention cars from 4S shops, and the cost of car maintenance in the later period is the big deal. So what I said today can help us save some money in the future. Next, let’s see if its highlights can attract you with Xiaobian.

Let’s take a look at the appearance of Xingyue L. The front design of Xingyue L is very fashionable and looks simple. Coupled with stylish headlights, it has a great visual impact. The car is equipped with LED daytime running lights, automatic opening and closing, adaptive far and near light, delayed closing and so on. Come to the side of the car, the car body size is 4795MM*1895MM*1689MM, the car uses exquisite lines, the side of the car gives people a very sharp feeling, with large-size thick-walled tires, giving people a very elegant feeling. Looking back, the rear of the car looks very cool, and the taillights give people a very fashionable and sporty feeling. Coupled with the unique exhaust pipe, the overall shape is still very attractive.

Coming into the car of Xingyue L, the interior of Xingyue L presents a fashionable and sporty design style, which reflects the sense of design. The steering wheel of the car is eye-catching, made of leather and dignified. Take a look at the central control. The car is decorated with a sharp touch-sensitive LCD central control screen, which makes the interior style impressive and meets the aesthetic standards of most consumers. Finally, let’s look at the dashboard and seats. The dashboard of this car presents a fashionable design style, which is very eye-catching. The car adopts leather seats, which are wrapped in place, exquisite in materials and comfortable to ride.

Equipped with car networking, driving mode selection, remote control key, Bluetooth key, UWB digital key, rear wiper, interior atmosphere light and other configurations, it has rich functions and greatly improves its convenience.

This car has been introduced almost before, and I believe many users who buy a car have taken a fancy to its comfort and practicality. You must also have a look at this car, which will definitely bring you unexpected surprises.

　　British police said on the 8th that 21 people were treated in the poisoning case of former Russian spy Sergei Skripal and his daughter who were sheltered by Britain, and three people, including Krippahl’s father and daughter, were still in hospital.

　　On the same day, British Prime Minister David theresa may called on the public to give the police "sufficient time and space" for in-depth investigation. Faced with different opinions from the outside world, some observers warned to draw a conclusion cautiously, "it is not excluded that someone planted a frame-up and deliberately added chaos."

　　Father and daughter are still in a coma

　　Kiel prichard, the head of Wiltshire police in England, said on the 8th that 21 people, including several police officers, had been admitted to hospital for blood tests and treatment in the case of the poisoning of Tusk Ripart’s father and daughter. Among them, 18 people have been discharged.

　　Krippahl, 66, and her 33-year-old daughter You Liya were unconscious on a street bench in Salisbury, Wiltshire on the 4th. At first, some media claimed that Krippahl was traveling with a young woman, which was later confirmed to be his daughter. Mark Rowley, head of the anti-terrorism department of the British police, confirmed on the evening of the 7 th that the father and daughter were attacked by nerve agents.

　　Reuters reported that among the three people who have not been discharged from the hospital, Krippahl’s father and daughter are still in a coma on the 8 th, and their physical condition is extremely poor, but they are still stable; Nick Bailey, a policeman who went to the scene for treatment, was in poor health, but he was conscious and could speak and "sit up".

　　Krippahl retired from the Russian General Intelligence Service in 1999 and was arrested in Moscow in 2004. He admitted to leaking information about Russian agents stationed in Europe to British MI 6, and was sentenced to 13 years in prison in 2006. According to a US-Russian spy exchange agreement in 2010, he was released to the United States and later settled in Britain.

　　After the poisoning incident, British police and forensic departments began to search Krippahl’s home in Salisbury and the restaurants and bars that the father and daughter were believed to have set foot in on the 4th.

　　The expert group sent by the British government has identified this nerve agent, but refused to disclose what substance it is and the specific means of poisoning. Sally Davis, a British public health official, reassured the public that the incident did not pose a wider security threat.

　　The police stepped up their investigation.

　　As of the 8th, the British police refused to publicly guess who was behind the poisoning incident. However, some people turned their suspicious eyes to Russia, causing tension in British-Russian diplomatic relations.

　　British Prime Minister theresa may made a televised speech on the 8th, saying that if the Russian side was found to be behind the scenes, the British side would "respond appropriately". Earlier, British Foreign Secretary Boris Johnson and other officials also hinted that Russia might be involved.

　　The Russian side denied that it was involved in the poisoning incident, accusing the British side of trying to politicize the matter and even publishing inferences directed at Russia without investigation, which is an anti-Russian propaganda.

　　Richard guthrie, a British chemical weapons expert, told the Associated Press that it is undeniable that "there is another possibility", that is, someone deliberately made trouble in order to "plant the blame on Russia".

　　According to Andrea Serra, a professor of chemistry at University College London, the neurotoxic agent is too toxic to be made at home, and "it can only be produced in a specific factory". Therefore, as long as its impurities and residues are detected, it is expected to infer important information such as production process and producer identity from clues.

　　On the 8th, theresa may called on the public to "give the police enough time and space so that they can really find out the truth". Amber Rudd, the British Home Secretary, said that the British side has invested a lot of resources and police force in the investigation, hoping that the people would "avoid making wild guesses".

　　Text/Xinhua News Agency

At the Chengdu Auto Show, which opened on August 30th, BYD 2025 was officially launched. Four new models were launched, including three two-wheel drive models and one four-wheel drive model. The price range remained the same as that of 2024 models, ranging from 189,800 yuan to 249,800 yuan.

As an annual redesigned model, although the price range of the 2025 model remains unchanged, because the entry version of the 2024 model (beyond model) was cancelled, in fact, the price of the 2025 Song L EV was lowered by 10,000 yuan.

In addition to lowering the price, the 2025 model also added aurora blue paint and Xuan Kong gray interior color. In terms of intelligence, some models are also equipped with the "Eye of God" advanced intelligent driving assistance system -DiPilot 100, which provides more than 30 functions such as driving assistance and parking assistance, including high-speed navigation, lane navigation, lane change, automatic parking, remote parking, 3D panoramic transparent images, side distance reminder, etc., to improve the driving safety and convenience of users in multiple scenarios.

In terms of design, the appearance and interior of the 2025 model remain the same as that of the 2024 model. The appearance of the hunting coupe creates an elegant and dynamic visual effect. The 15.6-inch central control panel, 10.25-inch full LCD instrument, 50-inch AR-HUD head-up display and 5.8-inch rear air conditioning control panel with a large area of suede material in the car have both a sporty atmosphere and a sense of technology.

In terms of size, the new car has a length, width and height of 4840/1950/1560mm and a wheelbase of 2930 mm. It is a standard medium-sized car, and the space is not a problem for daily use. In terms of comfort, the new car is also equipped with front seat heating/ventilation/massage, rear seat heating, rear backrest angle adjustment and Dana stereo. It is worth mentioning that Song L EV is one of the few BYD models with frameless doors.

In terms of power, the new car still provides two driving forms: rear-drive and four-wheel drive. Among them, the single-motor rear-drive model provides 204 horsepower and 313 horsepower, and the zero-speed acceleration time is 8.5 seconds and 6.9 seconds respectively. The total power of the front and rear dual motors of the four-wheel drive model is 517 horsepower, and the zero-speed acceleration is 4.3 seconds. The new car adopts the front double wishbone and rear five-bar suspension structure and comes standard with variable damping and shock absorption of Yunqi C.

In terms of battery life, the entry-level model is equipped with a 71.8-degree battery pack, the CLTC cruising range is 550km, and the other models are equipped with an 87.04-degree battery pack, the CLTC cruising range is 662km and 602km (four-wheel drive), and the charging speed is 140kW.