A picture will help you understand. What are the advantages of vivo X200 series?

On October 14th, 2024, vivo launched, and three new machines. Next, we will introduce the unique charm of these three models and their respective core selling points in detail, and how to choose the three mobile phones is more suitable.

In terms of image, vivo X200 telephoto lens is Zeiss super telephoto IMX882, with 1/2 inch photosensitive area and 100x Zeiss ultra-clear zoom. The unit pixel area is large, it can capture more light in low light, and the high-magnification telescopic image quality is excellent. The telephoto macro can zoom up to 20x, and it can shoot the microscopic world. The main camera is super-sensitive VCS bionic main camera IMX921, 1/1.56 inch, which has strong light capturing ability, clear low-light photography, less noise and high color reproduction, and can cut out the focal length of 50mm gold portrait. Super wide-angle camera adopts Samsung JN1 sensor, with 15mm equivalent focal length, wide field of vision and visual impact when taking pictures. There are also brand-new scenery modes and Live Photo functions. The former integrates multiple modes, while the latter facilitates social sharing.

Performance, the first Tianji 9400 mobile platform, using the second generation TSMC 3nm process technology. The second generation full-core architecture has greatly improved cache configuration and strong GPU performance. Running score far exceeds the current Android flagship, and the measured frame rate of Genshin Impact’s 30-minute running is stable at 60 frames, with an average power consumption of 3.8W.

In terms of battery life, it is equipped with blue ocean battery, and the third generation silicon anode technology is launched, with energy density of 834Wh/L and capacity of 5800mAh. 90W ultra-flash charging, charging 67% power in 30 minutes, the third-party charger can reach about 40W, and the battery discharge is stable at low temperature. The design is simple and exquisite, with a thickness of 7.99 mm.

Full-depth micro-quad design on the front, 6.67-inch screen, high resolution and high pixels per inch, true and accurate color display, 2160Hz high-frequency PWM dimming and full-scene intelligent eye protection function. The camera module on the back has symmetrical DECO design, with four high-end texture colors: sapphire blue, titanium color, Chenye black and Bai Yueguang.


Vivo X200 Pro is a flagship mobile phone that attracts much attention. It was released in October 2024, equipped with Tianji 9400 processor, advanced 3nm process technology, and 12-core architecture design is like many expressways, which makes data processing smoother and more efficient. The running score is 2.91 million, and the performance is excellent. Whether it is running a large game or multitasking, it can maintain stable operation without any jam or delay.

On the screen side, vivo X200 Pro adopts a 6.78-inch full-depth micro-quad AMOLED screen with a resolution of 2800×1260, a standard PPI of 452 and an OLED equivalent PPI of about 370. Support 0.1 to 120Hz adaptive refresh rate, global excitation brightness of 1800nit and local peak brightness of 4500nit. There are also 2160Hz full brightness high-frequency PWM dimming, anti-fatigue brightness level, bionic brightness level, SGS hardware-level low blue light certification, which has passed the professional test of the National Eye Engineering Center, and full-link Zeiss natural color, HDR10+, Dolby Vision, and Zreal frame enjoy ultra-high definition certification are also supported.

Image ability is one of its highlights. The rear camera combination includes a LYT-818 sensor with a 50-megapixel main camera, a 50-megapixel super wide-angle lens and a 200-megapixel Zeiss APO super telephoto lens, which are defined by the blueprint and the combination. The front camera is a 32-megapixel camera. Whether it is magnificent scenery or tiny details, it can be perfectly captured.

The image processing algorithm has been upgraded in an all-round way. By intelligently identifying the scene and optimizing the parameters, the image quality can be effectively improved, making each photo more vivid and realistic. In addition, it also supports 8K full-focus Dolby Vision HDR video recording. AI ultra-clear telephoto algorithm and AI pointing radio technology greatly improve the shooting details and sound quality.

In terms of battery life, it is equipped with a 6000mAh ultra-large capacity blue ocean battery, which is like an energy treasure house, providing continuous power for mobile phones. Even if you use it for a long time, you don’t have to worry about the lack of power. The application of the third generation silicon anode technology further improves the battery performance and can maintain stable battery life even in extremely cold environment. Support 90W ultra-flash charging and 30W wireless flash charging, which can quickly replenish the power in just a few minutes, so that users can bid farewell to the long wait.

Vivo X200 Pro shows the standard of flagship mobile phone in terms of performance, image, battery life and appearance, and is a mobile phone full of innovation and strength.

Vivo X200 Pro mini is a high-profile flagship mobile phone with small screen. It was released on October 14th, 2024 and officially released on October 25th.
This mobile phone is unique in appearance design. Adopt 6.31-inch OLED flexible straight screen, support 4500 nits local peak brightness, 1-120Hz LTPO adaptive refresh rate and HDR10+certification.

The circumference of the fuselage is 150.8371.768.15mm, and the weight is only 187g, so it is small, portable and relatively light. There are four colorful color schemes: titanium blue, micro powder, straightforward and simple black. The middle frame is made of frosted aluminum alloy, and the straight screen is designed with right-angle frame. The overall style is simple and full of scientific sense. The back cover is designed with AG frosted technology or glossy glass, which has good visual texture and feel.

In terms of performance, vivo X200 Pro mini is the world’s first Tianji 9400 processor, which is built by TSMC’s 3nm process and has strong performance. Equipped with LPDDR5X memory and UFS4.0 storage to ensure smooth operation and fast data reading. In addition, it also integrates multi-functional network connection, which not only supports 5G connection, but also has kilometer-level wireless communication technology, and integrates advanced NFC function and infrared remote control.

The imaging system performed well. The front camera is 32 million pixels, and the rear three cameras are 50 million pixels Zeiss T main camera (Sony LYT-818, 1/1.28”, VCS bionic spectrum 2.0, OIS), 50 million pixels super wide angle (Samsung S5KJN1, 1/2.76”) and 50 million pixels telephoto (Sony IMX882).

The endurance is amazing. Built-in 5700mAh semi-solid blue ocean battery, using the third generation silicon negative electrode technology, long standby time for networking is up to 12.1 days, supporting 90W wired fast charging and 30W wireless charging.

In some detail experiences, vivo X200 Pro mini adopts off-screen fingerprint, and the unlocking position is lower, which is short-focus optical off-screen fingerprint recognition; Equipped with X-axis linear motor, stereo dual speakers, worldwide signal amplification system 2.0, supporting IP68+IP69 dustproof and waterproof, etc. In terms of selling price, the 12GB+256GB version is 4699 yuan, the 16GB+512GB version is 5299 yuan, and the 16GB+1TB version is 5799 yuan.

First, the image performance

1. telephoto lens: equipped with Zeiss super telephoto IMX882, 1/2 inch photosensitive area, achieving Zeiss ultra-clear zoom up to 100x x. Compared with X100 series OV64B sensor, IMX882 has a larger unit pixel area, which can capture more light in low light environment and present a clearer and brighter picture. Whether shooting distant scenery or capturing the details of subtle objects, it has excellent analytical power. When looking at the distance at high magnification, the large model of blueprint algorithm matrix is added, which significantly improves the picture quality and makes the colors more vivid. At the same time, the telephoto macro function is retained, and the maximum zoom is 20x, which makes it possible to shoot the microscopic world, and can present rich details and blur effects.

2. Main lens: Super-sensitive VCS bionic main camera IMX921, 1/1.56 inch sensor area, jointly developed by Blue Factory and Sony. Its large size and large aperture make it excellent in light capturing ability, and it can take bright, clear and well-controlled photos in low light environment with high color reproduction. With the help of large-size sensor and algorithm, the focal length of 50mm gold portrait can be obtained by cutting, which presents a natural, true and aesthetic portrait effect, and the background blur just highlights the main body.

3. Super wide-angle cameraSamsung JN1 sensor is adopted, and the equivalent focal length of 15mm gives a wide field of vision, which can completely capture a more comprehensive picture. The photos taken have visual impact, showing a unique perspective and a strong sense of space.

4. functionBring a brand-new scenery mode, and integrate multiple modes such as night scene, moon, starry sky and time slow door to provide users with rich shooting options. Live Photo function has also been added, which has great advantages in social sharing. At present, Little Red Book has been released, and platforms such as Weibo and Tik Tok are adapting.

Second, the performance highlights

The flagship mobile platform of MediaTek Tianji 9400 was launched, and the 2nd generation TSMC 3nm process technology was adopted. The core configuration is the second generation full-core architecture, including Cortex-X925 and other cores, and the cache configuration is greatly improved, supporting high-specification memory. GPU is Immortalis-G925, which greatly improves performance and energy efficiency. It also supports a variety of innovative technologies, such as the second generation of Arm v9.2 instruction set, the super-division technology of Star Speed Engine, and the eighth generation NPU processor. In the running test, Ann Bunny V10 version scored 2.81 million points, GeekBench6 tested 2,804 points for single core and 8,659 points for multi-core, far exceeding the current Android flagship on the market. In the actual measurement of the game, the whole frame rate of Genshin Impact 30-minute running map test in Sumeru City is stable at 60 frames, and the average power consumption is only 3.8W, which is comparable to that of professional game phones.

Third, the endurance breakthrough

Equipped with a brand-new blue ocean battery, the industry launched the third generation of silicon anode technology, the energy density increased to 834Wh/L, and the capacity reached 5800mAh. The remaining power of Zhongguancun Online is 75% under the 5-hour heavy endurance model. The charging power is 90W ultra-flash charging, which can charge 67% of electricity in 30 minutes, and it takes 45 minutes to fully charge. When using a third-party charger, it can reach about 40W. The battery can maintain stable discharge performance at low temperature.

Fourth, screen aesthetics

The design is simple and exquisite, with a thickness of only 7.99 mm. The front of the fuselage adopts a full-depth micro-four-bend design, and the screen edge and the side of the fuselage transition naturally. Equipped with a 6.67-inch Zeiss master color screen, high resolution and high density pixels, supporting a multi-gear refresh rate of up to 120Hz. Full-link Zeiss natural color technology makes color display more realistic and accurate, supports 100%P3 wide color gamut and 1 billion color display, and has a high degree of color reproduction. 2160Hz high-frequency PWM dimming technology reduces the screen stroboscopic damage, and the whole scene intelligent eye protection function meets the needs of different environments. The camera module on the back of the fuselage adopts DECO design with symmetrical lens, and the color matching of sapphire blue adopts fine laser engraving technology, and there are three high-end texture color matching of titanium, Chenye Black and Bai Yueguang.

In terms of image, the telephoto lens is Zeiss super telephoto IMX882, with 1/2 inch photosensitive area and 100x Zeiss ultra-clear zoom 2. The unit pixel area is large, it can capture more light in low light, and the high-magnification telescopic image quality is excellent. The telephoto macro can zoom up to 20x, and it can shoot Micro World 2. The main camera is the super-sensitive VCS bionic main camera IMX921, 1/1.56 inch, which has strong light capturing ability, clear low-light photography, less noise and high color reproduction, and can cut out the focal section 2 of the 50mm gold portrait. Ultra-wide-angle camera adopts Samsung JN1 sensor, with 15mm equivalent focal length, wide field of vision and visual impact when taking pictures. There are also brand-new scenery modes and Live Photo functions, the former integrates multiple modes, and the latter facilitates social sharing 2.
Performance, the first Tianji 9400 mobile platform, using the second generation TSMC 3nm process technology 13. The second generation of all-core architecture, the cache configuration is greatly improved, and the GPU performance is strong 1. Running score far exceeds the current Android flagship, and the measured frame rate of Genshin Impact’s 30-minute running is stable at 60 frames, with an average power consumption of 3.8W1.
In terms of battery life, it is equipped with blue ocean battery, and the third generation silicon anode technology is launched, with energy density of 834Wh/L and capacity of 5800mAh13. 90W ultra-flash charging, charging 67% power in 30 minutes, the third-party charger can reach about 40W, and the battery discharge is stable at low temperature.
The design is simple and exquisite, with a thickness of 7.99mm3. Full-depth micro-quad design on the front, screen 6.67 inches, high resolution, high pixels per inch, true and accurate color display, 2160Hz high-frequency PWM dimming and full-scene intelligent eye protection function 3. The camera module on the back is symmetrical DECO design, with four high-end texture colors of sapphire blue, titanium color, Chenye black and Bai Yueguang.
Vivo X200 Pro mini is a high-profile flagship mobile phone with small screen. It was released on October 14th, 2024 and officially released on October 25th.
This mobile phone is unique in appearance design. Adopt 6.31-inch OLED flexible straight screen, support 4500 nits local peak brightness, 1-120Hz LTPO adaptive refresh rate and HDR10+certification. The fuselage measurements are 150.83.71.768.15mm, weighing only 187g, compact, portable and relatively light. There are four colorful color schemes: titanium blue, micro powder, straightforward and simple black. The middle frame is made of frosted aluminum alloy, and the straight screen is designed with right-angle frame. The overall style is simple and full of scientific sense. The back cover is designed with AG frosted technology or glossy glass, which has good visual texture and feel.
In terms of performance, vivo X200 Pro mini is the world’s first Tianji 9400 processor, which is built by TSMC’s 3nm process and has strong performance. Equipped with LPDDR5X memory and UFS4.0 storage to ensure smooth operation and fast data reading. In addition, it also integrates multi-functional network connection, which not only supports 5G connection, but also has kilometer-level wireless communication technology, and integrates advanced NFC function and infrared remote control.
The imaging system performed well. The front camera is 32 million pixels, and the rear three cameras are 50 million pixels Zeiss T.Main camera (Sony LYT-818, 1/1.28”, VCS bionic spectrum 2.0, OIS), 50-megapixel ultra-wide angle (Samsung S5KJN1, 1/2.76”), 50-megapixel telephoto (Sony IMX882, 1/2”, OIS).Optical lens, night scene mode upgraded to scenery mode, supporting telephoto macro, 4K120fps movie slow motion and large model image quality enhancement technology.
The endurance is amazing. Built-in 5700mAh semi-solid blue ocean battery, using the third generation silicon negative electrode technology, long standby time for networking is up to 12.1 days, supporting 90W wired fast charging and 30W wireless charging.
In some detail experiences, vivo X200 Pro mini adopts off-screen fingerprint, and the unlocking position is lower, which is short-focus optical off-screen fingerprint recognition; Equipped with X-axis linear motor, stereo dual speakers, worldwide signal amplification system 2.0, supporting IP68+IP69 dustproof and waterproof, etc. In terms of selling price, the 12GB+256GB version is 4699 yuan, the 16GB+512GB version is 5299 yuan, and the 16GB+1TB version is 5799 yuan.
Vivo X200 Pro mini is a high-profile flagship mobile phone with small screen. It was released on October 14th, 2024 and officially released on October 25th.
This mobile phone is unique in appearance design. Adopt 6.31-inch OLED flexible straight screen, support 4500 nits local peak brightness, 1-120Hz LTPO adaptive refresh rate and HDR10+certification. The fuselage measurements are 150.83.71.768.15mm, weighing only 187g, compact, portable and relatively light. There are four colorful color schemes: titanium blue, micro powder, straightforward and simple black. The middle frame is made of frosted aluminum alloy, and the straight screen is designed with right-angle frame. The overall style is simple and full of scientific sense. The back cover is designed with AG frosted technology or glossy glass, which has good visual texture and feel.
In terms of performance, vivo X200 Pro mini is the world’s first Tianji 9400 processor, which is built by TSMC’s 3nm process and has strong performance. Equipped with LPDDR5X memory and UFS4.0 storage to ensure smooth operation and fast data reading. In addition, it also integrates multi-functional network connection, which not only supports 5G connection, but also has kilometer-level wireless communication technology, and integrates advanced NFC function and infrared remote control.
The imaging system performed well. The front camera is 32 million pixels, and the rear three cameras are 50 million pixels Zeiss T.Main camera (Sony LYT-818, 1/1.28”, VCS bionic spectrum 2.0, OIS), 50-megapixel ultra-wide angle (Samsung S5KJN1, 1/2.76”), 50-megapixel telephoto (Sony IMX882, 1/2”, OIS).Optical lens, night scene mode upgraded to scenery mode, supporting telephoto macro, 4K120fps movie slow motion and large model image quality enhancement technology.
The endurance is amazing. Built-in 5700mAh semi-solid blue ocean battery, using the third generation silicon negative electrode technology, long standby time for networking is up to 12.1 days, supporting 90W wired fast charging and 30W wireless charging.
In some detail experiences, vivo X200 Pro mini adopts off-screen fingerprint, and the unlocking position is lower, which is short-focus optical off-screen fingerprint recognition; Equipped with X-axis linear motor, stereo dual speakers, worldwide signal amplification system 2.0, supporting IP68+IP69 dustproof and waterproof, etc. In terms of selling price, the 12GB+256GB version is 4699 yuan, the 16GB+512GB version is 5299 yuan, and the 16GB+1TB version is 5799 yuan.

Vivo X200 Pro mini is a high-profile flagship mobile phone with small screen. It was released on October 14th, 2024 and officially released on October 25th.

This mobile phone is unique in appearance design. Adopt 6.31-inch OLED flexible straight screen, support 4500 nits local peak brightness, 1-120Hz LTPO adaptive refresh rate and HDR10+certification. The fuselage measurements are 150.83.71.768.15mm, weighing only 187g, compact, portable and relatively light. There are four colorful color schemes: titanium blue, micro powder, straightforward and simple black. The middle frame is made of frosted aluminum alloy, and the straight screen is designed with right-angle frame. The overall style is simple and full of scientific sense. The back cover is designed with AG frosted technology or glossy glass, which has good visual texture and feel.

In terms of performance, vivo X200 Pro mini is the world’s first Tianji 9400 processor, which is built by TSMC’s 3nm process and has strong performance. Equipped with LPDDR5X memory and UFS4.0 storage to ensure smooth operation and fast data reading. In addition, it also integrates multi-functional network connection, which not only supports 5G connection, but also has kilometer-level wireless communication technology, and integrates advanced NFC function and infrared remote control.

The imaging system performed well. The front camera is 32 million pixels, and the rear three cameras are 50 million pixels Zeiss T.Main camera (Sony LYT-818, 1/1.28”, VCS bionic spectrum 2.0, OIS), 50-megapixel ultra-wide angle (Samsung S5KJN1, 1/2.76”), 50-megapixel telephoto (Sony IMX882, 1/2”, OIS).Optical lens, night scene mode upgraded to scenery mode, supporting telephoto macro, 4K120fps movie slow motion and large model image quality enhancement technology.

The endurance is amazing. Built-in 5700mAh semi-solid blue ocean battery, using the third generation silicon negative electrode technology, long standby time for networking is up to 12.1 days, supporting 90W wired fast charging and 30W wireless charging.

In some detail experiences, vivo X200 Pro mini adopts off-screen fingerprint, and the unlocking position is lower, which is short-focus optical off-screen fingerprint recognition; Equipped with X-axis linear motor, stereo dual speakers, worldwide signal amplification system 2.0, supporting IP68+IP69 dustproof and waterproof, etc. In terms of selling price, the 12GB+256GB version is 4699 yuan, the 16GB+512GB version is 5299 yuan, and the 16GB+1TB version is 5799 yuan.


mobile.zol.com.cn
true

https://mobile.zol.com.cn/909/9096563.html
report
12192
On October 14th, 2024, vivo introduced three new machines: vivo X200 Pro, vivo X200 and vivo X200 Pro mini. Next, we will introduce the unique charm of these three mobile phones and their respective core selling points in detail, and how to choose the three mobile phones is more suitable. 1 vivo X200: not as strong as the standard version of the image, vivo X200 telephoto lens is Zeiss Super telephoto IMX. …

1.06 billion yuan to buy Yuzhou property services, China Resources Vientiane Life started the first acquisition in the year.

(Text/Xie Hongjuan Editor/Ma Youyou) The trend of property acquisition and merger continues.

On the evening of January 5th, Yuzhou Group announced that it planned to transfer all the issued share capital of Yuzhou Property Services under the company at a transfer price of no more than RMB 1.06 billion.

Around the time, China Resources Vientiane Life announced that Runying Property Technology Service Co., Ltd., a wholly-owned subsidiary of China Resources Vientiane Life, and Tianjin Yujia, a wholly-owned subsidiary of Yuzhou Group, formally signed a strategic framework agreement to acquire 100% shares of Yuzhou Property Service under Yuzhou Group for 1.06 billion yuan.

It is worth mentioning that Yuzhou Group has two property sectors, namely, Xiamen Yuzhou Commercial, which focuses on commercial operation services, and Yuzhou Property Services, which focuses on residential service management. It is Yuzhou Property Services that are sold this time.

In this regard, Yuzhou Group said that the sale of this asset will be conducive to the goal of reducing debt and leverage in Yuzhou and optimizing the existing debt structure; Secondly, Yuzhou will give full play to its expertise and focus on the commercial sector to enhance its market influence and brand reputation.

Yujia life service second-degree IPO

Before the sale of Yuzhou Property Services, Yujia Life Services broke through the Hong Kong Stock Exchange twice.

On December 11th, 2020, Yuzhou Group packaged two property sectors into Yujia Life Service Group and delivered the first prospectus to the Hong Kong Stock Exchange.

However, Yujia’s life service did not catch up with the good times. According to the data of Yihan think tank, in the whole year of 2020, 18 property enterprises submitted prospectuses to the Hong Kong Stock Exchange, which was basically the same as the number of property enterprises that passed the hearing and went public, and most of them landed in the capital market one month after passing the hearing. However, at the end of 2020, the wind direction of the capital market began to change, and the listing of physical enterprises was cold.

According to the data of Jiahe Family Property Service Research Institute, in 2021, a total of 36 companies went to Hong Kong to submit their forms. As of December 30, 22 companies’ IPOs were invalid, including Yujia Life Service, which submitted the prospectus at the end of 2020.

The prospectus expired less than three working days, and Yujia Life Service opened the "Second Palace". According to the prospectus, as of December 31, 2020, Yujia Life Service owns 177 residential and commercial properties with a total land reserve of about 23.1 million square meters.

However, as a medium-sized commodity enterprise, Yujia Life Service has not yet knocked on the door of the Hong Kong Stock Exchange. According to the disclosure of the Hong Kong Stock Exchange, the prospectus submitted by Yujia Life Service for the second time on December 16, 2021 has become invalid, which means that Yujia Life Service’s impact on IPO once again ended in failure.

After the second delivery failed, Yujia Life Service did not choose to attack the Hong Kong Stock Exchange again, but sold its Yuzhou property service to China Resources Vientiane Life, leaving Xiamen Yuzhou Commercial, which mainly provides commercial operation services.

According to the agreement, after the first consideration (including earnest money) of not less than 67% of the consideration paid by China Resources Vientiane Life is deposited into the escrow account, both parties shall make delivery according to the framework agreement, and the remaining consideration shall be paid accordingly according to the actual delivery progress of the area under management.

In other words, if the acquisition goes smoothly, Yuzhou Group will get no less than 710 million yuan of working capital during the year.

"After the sale of the property, Yuzhou will reallocate financial resources to other businesses for the future development of the company." Yuzhou said that Yuzhou has not terminated the listing plan of splitting Yujia. In view of the fact that many companies’ prospectuses in the real estate industry and property industry have failed in the second half of this year, the valuation of property stocks has generally declined, and it is difficult to reflect the investment value of medium-sized property management companies at this stage. Yuzhou is also actively adjusting its listing plan and strategy, and will pay more attention to the operation and management of commercial assets.

Up to now, Yuzhou Commercial has a total of about 1.52 million square meters of commercial real estate projects in Shanghai, Shenzhen, Xiamen, Hefei, Nanjing and other places, including 28 projects in the operating period and 11 projects in the preparatory period.

China Resources Vientiane ranks 18th in terms of living area.

"The management area of Yuzhou Property Services is about 17.6 million square meters, which is almost the sum of the newly-added management area of China Resources Vientiane Residential Building every year." Yu Xiaoyu, research director of Yihan think tank, said that the acquisition of Yuzhou Property Services can really drive the growth of the life management area of China Resources Vientiane.

In fact, the scale of China Resources Vientiane Life is not outstanding in the industry. As of June 30, 2021, China Resources Vientiane Living House has an area of 127 million square meters. In the same period, the service area of Country Garden is five times that of Country Garden, about 645 million square meters; At the end of 2020, the management area of Wanwuyun is more than four times, about 566 million square meters.

"According to the area under management, China Resources Vientiane Life ranks 13th among listed enterprises and 18th among the top 100 enterprises." Yu Xiaoyu said.

However, due to factors such as relying on the big tree of China Resources Land, relatively high-quality properties under management, and rich experience in commercial operation, China Resources Vientiane Life not only has the reputation of "a brother in business management", but also breaks the law of scale in the capital market, and its market value is only overwhelmed by Country Garden service, which is the largest in scale.

In order to become the first echelon in the industry, the management said at the performance conference of China Resources Vientiane Life in early 2021 that "by the end of 2025, the scale of property management of China Resources Vientiane Life should reach more than 400 million square meters, and it should be large-scale by increasing the expansion of third parties, and maintain the business operation service business in the first place in the industry."

In other words, if China Resources Vientiane Life wants to add 400 million square meters of property management scale in five years, it must add 80 million square meters of managed area every year.

It is worth mentioning that the scale of China Resources Vientiane Life is not outstanding, and its newly added management area is not ideal every year. The data shows that from 2018 to 2020, the residential area under management of China Resources Vientiane was 78 million square meters, 92 million square meters and 107 million square meters respectively, and the residential area under management increased by 15 million square meters and 14 million square meters respectively in the next two years.

Even if shopping malls, office buildings and other formats are included, in 2020, China Resources Vientiane Life will only add 18 million square meters of under-management area. In order to achieve the expected goal, the new scale of China Resources Vientiane Life needs to increase by 444.44% on the level of 2020.

Material enterprises usher in the tide of mergers and acquisitions

"The expansion of the life scale of China Resources Vientiane is less than expected, which is mainly related to its high dependence on China Resources Land." Insiders told Observer. com that the multi-high-end projects of China Resources Land have a high transaction unit price and a small area among real estate enterprises in the same echelon, and the management area of China Resources Vientiane Life, which relies on blood transfusion, is naturally less than that of the property companies under the same echelon real estate enterprises.

The data shows that in 2020, the management area of China Resources Vientiane Life from the related party China Resources Land accounted for 76%. By mid-2021, 86.833 million square meters of the living area of China Resources Vientiane came from China Resources Land, accounting for 71%.

Conventional means of expansion fell short of expectations, and China Resources Vientiane Life put its mind on mergers and acquisitions, which started the "first shot" of mergers and acquisitions in the material enterprise industry in 2022.

According to the data, as of December 31, 2020, Yuzhou Property Services provided property management services for 127 projects, with a total construction area of about 17.6 million square meters. As of the same day, Yuzhou Property Services has contracted to provide property management services for 177 projects, with a total contracted construction area of about 26.6 million square meters.

In this regard, China Resources Vientiane Life also said that the acquisition target has a number of property management projects in Fujian, China Province, Anhui Province and Zhejiang Province, and this acquisition is conducive to the company’s strategy of broadening the scope and scale of property management services, resulting in a synergistic effect in business.

As early as October 2021, China Resources Vientiane Life was interested in making efforts in acquisition and merger. At that time, some media reported that Jones Lang LaSalle was considering selling its property management business in China, excluding its real estate brokerage and appraisal business in China, with a consideration of 500 million US dollars. Judging from the results at that time, China Resources Vientiane Life was temporarily ahead.

"In order to get further away from the goal of the first echelon in the industry, the corresponding acquisition and merger activities of China Resources Vientiane Life will increase during the year." Industry insiders admit that the concentration of the property management industry is constantly increasing, and cases of mergers and acquisitions are not uncommon.

For example, in 2021, according to the incomplete statistics of Jiahe Jiaye Property Service Research Institute, there were 86 mergers and acquisitions in 33 property companies in 2021, of which 62 were explicitly disclosed by enterprises, with a total cost of 34.72 billion yuan.

Zhang Bo, dean of the branch of 58 Anjuke Real Estate Research Institute, said that the increase in the concentration of the property management industry can, on the one hand, enhance the market share of head property management enterprises, and simultaneously affect their valuation or performance in the capital market, on the other hand, it will form a certain competitive advantage and enhance long-term competitiveness. With the improvement of industry concentration, the head enterprises in the property management market will continue to be clear.

This article is an exclusive manuscript of Observer. It cannot be reproduced without authorization.

Is it possible to die suddenly if your heart hurts? 10 precursors of sudden death, you will understand after reading it.

Before sudden death, people who died suddenly seemed to be in a very normal state of health. Why did they just leave? Sudden death often leaves infinite regrets for relatives and friends. In fact, sudden death is also a precursor, but friends and relatives around you often ignore it.

1. Repeated gastrointestinal symptoms: check that there is no gastrointestinal disease but frequent diarrhea, which may be caused by myocardial infarction and one of the signs of sudden death. When myocardial infarction occurs, there will be insufficient blood supply in the whole body, which will make the gastrointestinal tract unable to peristalsis and cause indigestion or diarrhea.

2. I often feel tired and tired inexplicably: Some people are full and have not done strenuous exercise, but they are extremely tired. This means that it may be a sign of myocardial infarction, so we should pay more attention to avoiding sudden death.

3. Chest tightness: When the chest frequently has severe contraction and crushing pain, and you feel breathless, you should be vigilant. We should also pay attention to the aggravation of symptoms of those who already have chest tightness. When you often feel chest tightness after exercise, you will feel relieved after rest, which may be coronary heart disease; Chest tightness is often aggravated suddenly, which may be caused by plaque accumulation in the cardiovascular system. Be careful of myocardial infarction caused by plaque rupture and lead to sudden death.

4. Unexplained pain: shoulder, neck, chin, throat and arm pain, which is a warning sign of myocardial infarction and ischemia, because when the information of myocardial ischemia pain is transmitted to the central nervous system of the brain, the pain information will be synchronously reflected in these parts, so you must seek medical attention as soon as possible!

5. Frequent palpitation: Palpitation means that the rhythm of the heartbeat is like beating a drum, or the heartbeat is sometimes fast and sometimes slow. Occasional palpitations are normal, but frequent palpitations may be heart fibrillation, which is caused by injured and anoxic myocardial tissue after myocardial infarction, which may cause sudden death in a short time.

6. Black eyes and numbness of unilateral and bilateral limbs often appear: these phenomena represent that there may be problems with the cerebral vessels, especially when patients with hypertension or coronary heart disease have this symptom, which may also induce myocardial infarction, all of which are murderers who cause sudden death.

7. Night sweats: If you don’t do strenuous exercise, but you are prone to sweating for a long time, this is a warning sign of heart disease, decreased blood output and hyperactivity of sympathetic nerves. Especially before a heart attack, the scalp, neck, back, hands and feet will sweat a lot. You should stop your activities immediately, take medicine immediately, and even call an ambulance to send you to hospital urgently!

8. Frequent dizziness and fainting: In patients with heart disease, if frequent dizziness or even fainting occurs, it may be caused by slow heartbeat or sudden stop, which makes the blood supply in the brain insufficient. Most patients can wake up after fainting, but if they can’t recover, it will easily lead to sudden death.

9. Breathlessness and purple lips: If you are engaged in long-term standing or sedentary work, you should pay attention to those who lead to poor blood circulation. When the pain is accompanied by suffocation, purple lips, cyanosis and decreased blood oxygen, it is necessary to be careful to prevent sudden death caused by pulmonary embolism.

10. Insomnia and being awakened: If you don’t get enough sleep for a long time, it will make your mind and body weak and increase the risk of sudden coronary death. If you are awakened during sleep, it will increase the risk of sudden death at night.

People with family history, cerebrovascular disease, or several cardiovascular and cerebrovascular risk factors should pay special attention to the occurrence of the above symptoms. People without basic diseases should also pay special attention to and seek medical attention in time if they have the above symptoms.

Hot search first! Netease Cloud Music "collapsed" and just responded →

On the afternoon of the 19th

Many netizens reported that Netease Cloud Music "collapsed"

Related topics ranked first in hot search

Some netizens said

"Always show loading failure, playback failure, network error"

"I can’t restart it. I thought the phone was broken."

On the afternoon of August 19th.

@ Netease Cloud Music responded to this.

Hello, everyone, due to infrastructure failure, all ends of Netease Cloud Music can’t be used normally. We are stepping up the repair, and we are very sorry. Thank you for waiting.

Source | @ Netease Cloud Music, User Comments

Original title: "Hot search first! Netease Cloud Music "collapsed" and just responded →

Read the original text

Beijing: Starting from tomorrow, there is no minimum payment standard for medical assistance, and the ceiling line for poverty-stricken families due to illness has been raised to 150,000 yuan.

Seven departments, including Beijing Medical Insurance Bureau, recently jointly issued the "Implementation Opinions on Improving the Medical Insurance and Assistance System for Serious and Serious Diseases", proposing that starting from 2023, there will be no minimum payment standard for medical assistance, and the ceiling line for family assistance caused by illness will be raised from 80,000 yuan to 150,000 yuan, and the proportion of assistance will remain unchanged.

It is clear in the implementation opinions that there will be no deductible standard for medical assistance from 2023. The outpatient and inpatient medical expenses borne by individuals within the scope of basic medical insurance reimbursement are all included in the scope of medical assistance in Beijing. Medical assistance covers all needy workers and urban and rural residents who have heavy medical expenses and have Beijing household registration and participate in basic medical insurance, as well as social assistance objects such as poor, low-income and low-income people who have participated in basic medical insurance as recognized by the civil affairs department. At the same time, all social assistance objects participating in employee medical insurance and residents’ medical insurance are given equal assistance, realizing full coverage of Beijing household registration personnel. The implementation opinions will be implemented as of January 1, 2023. If there is any inconsistency between the medical assistance policy and the implementation opinions, the implementation opinions shall prevail.

The objects of medical assistance in Beijing are divided into two categories: the first category is social assistance objects, including destitute dependents and educated youth who are disabled due to work (illness) and returned to the city under the management of civil affairs departments; In the early 1960s, the civil affairs department managed to streamline retired old workers who enjoyed 40% of the original salary; The minimum living security object and the subsidy personnel for living difficulties; Urban and rural low-income family rescuers. The second category is the seriously ill patients from poor families due to illness, that is, the registered permanent residents in Beijing and their family members who live together have serious difficulties in their basic life because they do not meet the conditions for the identification of social assistance objects in Beijing, and their medical expenses are relatively high in a natural year. After basic medical insurance, serious illness insurance, commercial insurance reimbursement and various kinds of assistance, the medical expenses borne by the family exceed the family’s affordability.

The medical expenses incurred by social assistance recipients during medical treatment, after being reimbursed by basic medical insurance and serious illness insurance, can enjoy three types of assistance according to the policy: outpatient assistance, hospitalization assistance, and assistance for seriously ill patients in poor families due to illness. In the outpatient service, the poor dependents in the social assistance object, the educated youth who are disabled and return to the city because of work (illness) managed by the civil affairs department, and the personal burden within the scope of the policy are given assistance according to 100%, and there is no maximum payment limit for annual assistance; Among the social assistance objects, the retired old workers who enjoyed 40% of the original salary in the early 1960s managed by the civil affairs department were reduced, and the personal burden within the policy scope was given 80%, without setting the maximum payment limit for annual assistance; In addition to the above-mentioned personnel, the social assistance object will be given assistance according to 80% of the personal burden within the policy scope, and the maximum payment limit for annual assistance is 8,000 yuan.

In terms of hospitalization assistance, the poor dependents in the social assistance object and the educated youth who are disabled due to work (illness) managed by the civil affairs department will be given assistance according to 100% of the personal burden within the scope of the policy, and there is no annual maximum payment limit for assistance; Among the social assistance objects, the retired old workers who enjoyed 40% of the original salary in the early 1960s managed by the civil affairs department were reduced, and the personal burden within the policy scope was given 85%, with no annual maximum payment limit for assistance; In addition to the above-mentioned personnel, the social assistance object will be given assistance according to 85% of the personal burden within the policy scope, and the maximum payment limit for annual assistance is 160,000 yuan.

After deducting the basic medical insurance, serious illness insurance, commercial insurance reimbursement and various kinds of assistance, the personal burden part within the policy scope will be given medical assistance in stages according to the proportion of 30% below 30,000 yuan (inclusive), 40% above 30,000 yuan to 50,000 yuan (inclusive) and 50% above 50,000 yuan.

In addition, for the social assistance recipients who have been referred for the first visit at the grass-roots level, the hospitalization in the designated medical institutions of basic medical insurance in Beijing will be "paid after the first visit", and their hospitalization deposit will be completely exempted. For those who did not participate in Beijing’s basic medical insurance in the implementation opinions, after being reimbursed by other cities’ basic medical insurance, the outpatient and inpatient medical expenses borne by individuals within the policy scope can be given assistance according to the above corresponding categories of assistance standards.

2019 Toyota Technology Space Double Engine E+ is not only fuel efficient.

  [Aika car] New energy channel Original]

  For a long time, Toyota’s dual-engine system has undoubtedly become one of the best hybrid systems in the world. However, there are still many consumers who think that it only plays a role in saving fuel when facing the dual-engine model. If you understand the technical advantages and ingenuity behind the Toyota dual-engine system, I believe your point of view will change. In this 2019 Toyota technical space, we will have an in-depth understanding of the Toyota PHEV hybrid system through Corolla/Ralink E+.

Toyota technical space; Leiling Shuangqing E; Corolla double engine e; Plug-in hybrid

  There is little difference in technology between Guangzhou Automobile Toyota Ralink Twin Engine E+ and FAW Toyota La Rolla E+, which can be used as reference for each other. As the author mainly experienced the Ralink Twin Engine E+, this paper mainly introduces the Ralink Twin Engine E+.

  Driving experience of Leiling Shuangqing E+.

Toyota technical space; Leiling Shuangqing E; Corolla double engine e; Plug-in hybrid

Toyota technical space; Leiling Shuangqing E; Corolla double engine e; Plug-in hybrid

Toyota technical space; Leiling Shuangqing E; Corolla double engine e; Plug-in hybrid

Toyota technical space; Leiling Shuangqing E; Corolla double engine e; Plug-in hybrid

Toyota technical space; Leiling Shuangqing E; Corolla double engine e; Plug-in hybrid

Toyota technical space; Leiling Shuangqing E; Corolla double engine e; Plug-in hybrid

  Electronic control (PCU)

Toyota technical space; Leiling Shuangqing E; Corolla double engine e; Plug-in hybrid

Toyota technical space; Leiling Shuangqing E; Corolla double engine e; Plug-in hybrid

Toyota technical space; Leiling Shuangqing E; Corolla double engine e; Plug-in hybrid

Toyota technical space; Leiling Shuangqing E; Corolla double engine e; Plug-in hybrid

Toyota technical space; Leiling Shuangqing E; Corolla double engine e; Plug-in hybrid

Toyota technical space; Leiling Shuangqing E; Corolla double engine e; Plug-in hybrid

Toyota technical space; Leiling Shuangqing E; Corolla double engine e; Plug-in hybrid

 

South Korea’s box office: "Intern" counterattacked to the top, "Mourning" retreated to the second line.


    1905 movie network news On the weekend of 40th week (October 2nd-October 4th), Anne Hathaway and Robert De Niro, who starred in the movie, made a successful counterattack from the fourth place last week, and became the top box office winner at the weekend. The costume blockbuster directed by Li Junyi retreated to the runner-up. The mystery comedy and the Hollywood sequel "Moving Maze 2" also dropped one place each. Instead of falling, it rose from the sixth place last week to the fifth place.

Weekend of 40th week in 2015 (October 2nd-October 4th)

ranking

film

Number of people watching movies on weekends

Cumulative audience

Screen block number

Screening times

one

532,780

1,463,577

659

7,464

2

492,525

5,571,322

767

11,217

three

472,536

2,004,883

666

8,836

four

191,521

2,608,170

414

4,753

five

82,578

13,341,104

294

1,927

six

57,877

241,824

283

1,150

seven

43,077

578,912

344

2,376

eight

35,913

46,535

317

2,206

nine

31,387

315,841

171

1,024

10

22,714

40,290

309

1,955

Source: Comprehensive Computer Network of Korea Film Promotion Committee.

Note: Korean box office is based on the number of people.

 

"Intern" counterattacked to win the championship, "Mourning" retired to the runner-up

 

    "Intern" was shown on 659 screens for 7,464 times last weekend, with a total audience of 532,780, with a cumulative audience of 1,463,577. The box office share was 26.7%, and the number of people watching movies increased by 195,384 over the previous week, about 57.9%. Such a turnaround was unexpected, especially when it ranked fourth in the first week and rose to the first place in the second week. This is very similar to the situation of Begin Again, which was released last summer. At present, the film is marching towards 2 million people. In particular, the film beat the most anticipated films in South Korea’s Mid-Autumn Festival, such as Mourning, Detective and Western Front, which will surely attract the attention of the audience and push the box office of the film further.

 

    The costume blockbuster "Mourning for the Past" directed by Li Junyi was released on September 16th, ranking first in the first two weekends. Originally, I thought I would continue to maintain the box office advantage, but I didn’t expect it to be defeated by "Intern", dropping one runner-up. Last weekend, there were 11,217 screenings on 767 screens, with a total audience of 492,525 and a cumulative audience of 5,571,322. The box office share is 23.7%. Although the release scale is much higher than that of Intern, the number of people watching movies is not as good as expected. The film’s profit and loss point is about 6-6.5 million people, and the final box office results are expected to be at this level.

 

"Detective" and "Moving Maze 2" dropped by one place.

 

    Detective, starring Kwone Sang Woo and Dong-ill Sung, was shown on 666 screens for 8,836 times last weekend, with a total audience of 472,536, with a cumulative audience of 2 million 4,883. The box office share was 23.1%, and the number of people watching movies decreased by 80,000 compared with the previous week, and the ranking dropped by one place. However, this performance is still stable. Especially for Kwone Sang Woo, "Detective" is also his best performance at the box office.

 

    Mobile Maze 2, also known as Mobile Maze: The Trial of Burn Marks, was shown on 414 screens for 4,753 times last weekend, with 191,521 people watching movies over the weekend, and the cumulative number of people watching movies was 2,608,170. Compared with the previous week, it decreased by 320,000 people, about 62.9%. This film is the second part of the "Movies of Moving Labyrinth". After Thomas leads everyone to find the exit of the maze in the first part, he and his friends will cross the hottest scorched earth on the earth and reach the shelter in the north within two weeks.

 

"Veteran" and "Guardian of the Moon" rose instead of falling.

 

    Compared with the previous week, "Veteran" rose by one place. Last weekend, there were 1927 screenings on 294 screens, with 82,578 people watching movies over the weekend, and the cumulative number of people watching movies was 13.341 million. At present, "Veteran" continues to refresh the highest box office results in the films released in 2015. Although the number of people watching movies decreased by 65,000, or about 44.2%, compared with the previous weekend, the ranking rose by one place, with full stamina.

 

    The French cartoon "The Guardian of the Moon" rose by two places over the previous week. Last weekend, it was shown on 283 screens for 1,150 times, with 57,877 people watching movies over the weekend, and the cumulative number of people watching movies was 241,824. An increase of 2826 people over the previous week.

 

    On the other hand, "The Western Front" continued to decline, falling two places to rank seventh. Last weekend, it was shown on 344 screens for 2,376 times, with 42,077 people watching movies over the weekend, and the cumulative number of people watching movies was 578,912. "Breaking Altitude" also dropped by two places, showing 1024 shows on 171 screens, with 31,387 people watching movies over the weekend and a total of 315,841 people watching movies.

 

The Curse: The Final Chapter ranked eighth in the first week, and danny collins ranked tenth.

 

    The Japanese horror film "Curse: The End" was shown on 317 screens for 2,206 times last weekend, with 35,913 people watching movies over the weekend, and the cumulative number of people watching movies was 46,535, ranking eighth in the first week. This film is also the best result of the new film released last week, but it is not so good in terms of numbers.

 

    Danny collins took the last bus on the list in the first week, ranking tenth. Last weekend, there were 1,955 screenings on 309 screens, with 22,714 people watching movies over the weekend, and the cumulative number of people watching movies was 42,900.

 

This week’s new film: VS

    Among the new films released this week, the most attractive Korean film is Angry Lawyers starring Li Shanjun, Ko Eun Kim and Won-hie Lim, which will be released on October 8th. The film tells the story of a gold medal lawyer who won 100% of the case and tried to find out the truth after encountering setbacks. It was released by CJ Entertainment and can be watched at the age of 15. Li Shanjun’s box office appeal has always been good, especially this film is his next big-screen comeback, which is highly anticipated by fans.

 

    However, the pre-sale rate of this film is far less than that of Matt Damon’s new film "Mars Rescue", which is an American sci-fi action adventure blockbuster. Besides Matt Damon, Jessica Chastain, Kate Mara and kristen wiig joined in. The film was released in the United States on October 2 and will land on the Korean big screen on October 8. Produced by 20th Century Fox Film Company, directed by ridley scott, and adapted from Andy Weir’s novel of the same name, it tells the story that Mark lost contact with his team due to a sandstorm, was alone on Mars, faced with the damage of his spaceship, and tried his best to return to Earth.

 

    At present, from the pre-sale rate list, Mars Rescue is far ahead with a pre-sale rate of 42.6%, Intern ranks second with a pre-sale rate of 14.2%, and Angry Lawyer ranks third with a pre-sale rate of 8.0%. Memorial and Detective ranked fourth and fifth with the pre-sale rates of 7.8% and 5.4% respectively.

Real domestic Porsche, the logo is 9 points similar, earlier than Zotye version.

In the cottage design, we all know this car company, and even praised its tape measure department, especially the version of SR9, which has simply entered a peak period. However, there are mountains outside the mountains and people outside. It is not the most technical car company in the cottage, but it is more beneficial. Its first model, Eagle Carrie, is a cottage of two and two models. It is a collection of classic designs of two cars, named after the classic model Carrera, and its logo looks far away, you may really think that this is.

Seeing two classic models in a car, and there is no sense of disobedience, this can only be done by EAGLE Carrie. The front face of the car refers to the shape of 2, and the lower grille is designed like 2, but it is decorated with two arc chrome trim strips, which is more dynamic. And the headlight group at the front of the car has also been blackened, and the sports meaning has been upgraded again. The car logo in the center of the hood has a faint shadow. People who are not familiar with it will say, Wow, there is a new car ~ However, some people say that this front face is really a bit like a frog with its mouth open and ready to stick out its tongue, which is very vivid ~

On the other hand, the side looks like a cayman, with green and golden spokes, and the air inlet at the back, which is very visual impact. What is worth mentioning again is that it adopts a single-door design, and the force is still very high.

The tail is still imitated, including the taillights and duckbill spoiler, but the design of the tail is rough and looks a little uncomfortable and strange. However, this cottage ability or hybrid technology is really admirable.

The interior of the car has not been exposed, but from this appearance, it is estimated that it is also a cottage or hybrid. In terms of power, it is reported that the car is a model, driven by pure electricity, with a maximum battery life of 260km, a top speed of only 120km/h and a hundred miles of 4.8s s.

EAGLE Carrie’s design, which combines the two models, is a cottage, but it also shows deep design skills later, which is really admirable. Driving this car out of pick up hot chicks can be no less than those things. In fact, this model was unveiled as early as 2015, one step earlier than before, but it has never been mass-produced. Perhaps this shape is too controversial? There should be many people calling for listing. However, the cottage is eye-catching, but originality is the long-term cure. Just like now, it has moved towards original design, and I hope that Yigao can also enter the line of sight as soon as possible!

Principal Century executives’ resumes are in doubt, suppliers become "lazy" and fight with customer data.

  Source: Yi Caixin

  Author: Tong Muyao

  On December 11th, 2020, science and technology innovation board IPO of Beijing Principal Century Technology Co., Ltd. (hereinafter referred to as Principal Century) successfully passed the meeting. In this IPO, Xin ‘an Century, together with Western Securities (002673, Share Bar) and Rongcheng Certified Public Accountants, plans to issue no more than 23,281,900 new shares and raise 688 million yuan for four projects, including upgrading information security products.

  During Principal Century’s entry into science and technology innovation board, outstanding patent litigation, premium acquisition of assets, and sudden large dividends before listing became the focus of media attention.

  In addition, Yicaixin also found that the credit sales of Principal Century increased, the subsidiaries suffered losses, the resume information of senior executives was in doubt, suppliers became "lazy" and fought with customer sales data.

  Increased credit sales and losses of subsidiaries

  Founded in August 2001, Principal Century is mainly engaged in the research and development, production, sales and related technical services of information security products supported by cryptographic technology, and is committed to solving information security problems such as identity security, communication security and data security in the network environment.

  According to the prospectus, while the revenue and net profit of Principal Century increased from 2017 to 2019, the proportion of corporate accounts receivable balance in operating income also increased year by year.

  From 2017 to January-June, 2020, the balance of accounts receivable of Xin ‘an Century was 85.3654 million yuan, 143.5321 million yuan, 188.2638 million yuan and 160.1941 million yuan respectively, accounting for 38.72%, 53.29%, 59.23% and 160.1941 million yuan of operating income respectively.

  In 2018 and 2019, the company’s operating income increased by 22.18% and 18.01% respectively compared with the previous year. In the same period, the balance of accounts receivable increased by 68.14% and 31.16% compared with the previous year, and its growth rate was also higher than that of revenue. At the same time, its accounts receivable turnover rate continued to decrease during the reporting period.

  In addition to serious credit sales in Principal Century, in the first half of 2020, the salary of Dong Jiangao and core technicians actually exceeded the total profit of the current period.

  From 2017 to January-June, 2020, the total remuneration of directors, supervisors, senior managers and core technicians of the company was 4,175,900 yuan, 4,535,700 yuan, 4,863,200 yuan and 2,297,900 yuan, respectively, accounting for 8.80%, 5.81%, 5.38% and 1,019.98% of the company’s total profits in each period.

  The total profit of Principal Century from January to June 2020 was 2,253,200 yuan, which was 80.91% lower than the total profit of 11,802,000 yuan from January to June 2019. For the reasons for the sharp decline in performance data including total profit, Principal Century explained that the main reason was the change in the consolidation scope of the company’s financial statements.

  At the same time, more than half of the subsidiaries of Principal Century suffered net profit losses in the last year and the first phase.

  According to the prospectus, as of the signing date of the prospectus on December 1, 2020, Principal Century has 6 subsidiaries, including 5 wholly-owned subsidiaries and 1 indirectly controlled subsidiary.

  In 2019, Wuhan Xin ‘an Luojia Technology Co., Ltd. (hereinafter referred to as Xin ‘an Luojia), Chengdu Xin ‘an Century Technology Co., Ltd. (hereinafter referred to as Chengdu Xin ‘an), Shenzhen Xin ‘an Century Technology Co., Ltd. (hereinafter referred to as Shenzhen Xin ‘an), Shanghai Xinxuan Information Technology Co., Ltd. (hereinafter referred to as Shanghai Xinxuan), Beijing Anrui Junheng Technology Co., Ltd. (hereinafter referred to as Anrui Junheng) and Beijing Huayao Technology Co., Ltd. -2,059,900 yuan,-1,636,200 yuan,-657,500 yuan,-0,400 yuan and 4,043,900 yuan. Except for the profits of Principal Luojia and Huayao Technology, the net profit of the other four companies totaled 4,354,000 yuan, accounting for 4.75% of the net profit of the current consolidated caliber.

  In the first half of 2020, all the above six subsidiaries suffered losses, with losses of 2,026,600 yuan, 1,272,200 yuan, 1,423,400 yuan, 1,067,800 yuan, 4,700 yuan and 1,172,200 yuan respectively. The total net profit loss was 6,966,900 yuan, which was nearly twice the net profit of 3,589,300 yuan consolidated in the current period.

  Suppliers become "lazy" and fight with customer data.

  In addition to the losses of subsidiaries, the upstream and downstream suppliers and customers of Principal Century are also worthy of attention.

  Looking at its upstream, suppliers are listed as untrustworthy executors, restricting consumption, and have been listed in the business exception list because of the falsification of public information.

  Beijing Huayi Zhiyan Technology Co., Ltd. (hereinafter referred to as Huayi Zhiyan) was the second largest supplier of Principal Century in 2018 and 2019. Principal Century purchased servers and other products from it, and the amount incurred was 7,765,500 yuan and 12,785,400 yuan, accounting for 10.42% and 13.78% of the total purchase amount in the current period.

  Huayi Zhiyan was established in August 2016. At present, the shareholders are Zhang Lihua, Mazidong and Yin Ruishan, with the shareholding ratio of 50%, 25% and 25%.

  It is worth noting that Huayi Zhiyan was listed as an executor of dishonesty by Laishui County People’s Court in July 2020. According to document No.455 (2020) J.0623, Zhang Lihua, the major shareholder of Huayi Zhiyan, failed to fulfill Liu’s loan of 3.45 million yuan and its interest, and Huayi Zhiyan was listed as an executor of bad faith because of its joint liability for repayment.

  (Screenshot from China Executive Information Open Network)

  According to public information, in addition to being dragged down by shareholders and becoming an executor of dishonesty, Huayi Zhiyan also has eight messages restricting consumption in 2020.

  Another supplier, Shandong Fisherman Information Technology Co., Ltd., was the fifth largest supplier of Principal Century in 2018, and the amount of products such as encryption cards purchased by Principal Century in that year was 2,732,200 yuan. In 2016, the company was listed in the list of business anomalies by Weihai Municipal Market Supervision Administration for concealing the real situation and practicing fraud, and was removed from the list five days later.

  In addition to the supplier problem, there is a "fight" between Principal Century’s sales to customers and the data disclosed by the other party.

  According to the prospectus, in 2019, Shandong Kyushu Xintai Information Technology Co., Ltd. (hereinafter referred to as Kyushu Xintai) was the fourth largest customer of Principal Century, and the sales amount to it in that year was 7,064,400 yuan, accounting for 2.23% of the main business income.

  Kyushu Xintai was listed on the New Third Board on August 1, 2016. According to the 2019 financial report disclosed by the company in the New Third Board, in that year, Principal Century was the largest supplier of Kyushu Xintai, with a purchase amount of 5,662,800 yuan, and the data there was 1,401,600 yuan less than the corresponding data disclosed in the prospectus.

  The resume of senior executives is doubtful.

  In addition to the above problems, there are doubts about the resumes of directors, supervisors and other senior executives in Principal Century Prospectus.

  As of the signing date of the prospectus, the board of directors of Xin ‘an Century consists of seven directors, namely, Li Wei, Wang Yixin, Ding Chun, Yuli, Jin Haiteng, Yuan Liansheng and Zhang Shiwei, among whom Jin Haiteng, Yuan Liansheng and Zhang Shiwei are independent directors. The board of supervisors of the company consists of three supervisors, namely, Wang Zongbin, Bei Shaofeng and Zhang Yangbao, among whom Wang Zongbin is the chairman of the board of supervisors.

  Yu Li, the director and general manager of Xin ‘an Century Shareholder Caitong Innovation Investment Co., Ltd. (hereinafter referred to as Caitong Innovation), became a director in 2019. Before that, Yu Li worked as a technician in CRRC Qishuyan Locomotive Co., Ltd. (hereinafter referred to as CRRC Qishuyan) from August 1996 to August 2000, and served as Zhonghe Venture Capital Management Co., Ltd. from September 2006 to October 2017.

  What is puzzling is that Qixin. com shows that CRRC Qishuyan was established on June 26th, 2007, and its legal representative is Yao Guosheng. It used to be named Changzhou Qishuyan South Locomotive and Rolling Stock Co., Ltd. and CSR Qishuyan Locomotive Co., Ltd., and there is no same name or previous name as CRRC Qishuyan. The company was established about 11 years later than the directors’ entry time disclosed in the prospectus, and the reason is unknown.

  At the same time, Qixin. com showed that Zhonghe Venture was established in October 2006, which was about one month later than the entry time of director Yu Li.

  In addition to the director’s entry time 11 years earlier than the establishment time of the enterprise, there is also a supervisor’s work resume in doubt.

  Bei Shaofeng joined Principal Century as a supervisor in May 2020. Before that, he worked as a UNIX software development engineer in Beijing Beida Jade Bird Commercial Information System Co., Ltd. (hereinafter referred to as Jade Bird System) from May 1999 to April 2001.

  What is puzzling is that Qixin. com shows that Beijing Beida Jade Bird Commercial Information System Co., Ltd. was revoked in January 2002. At the same time, according to public information, a company that used to be known as Jade Bird System and is now known as Boya Software Co., Ltd. (hereinafter referred to as Boya Software) was established in September 2002. Before June 18, 2009, Jade Bird System changed its name to Beijing Beida Jade Bird International Software Technology Co., Ltd., and then changed its name to Boya Software in December 2010. At present, it is not known which side of the envelope has problems, but if we look at the establishment time of Boya Software, the supervisor Bei Shaofeng’s entry time is much earlier than the establishment time of the enterprise.

  To sum up, although Principal Century successfully held the meeting this time, there are still some doubts in its prospectus that need to be explained.

This article was first published on WeChat WeChat official account: Yicaixin. The content of the article belongs to the author’s personal opinion and does not represent Hexun.com’s position. Investors should operate accordingly, at their own risk.

(Editor: Li Xianjie)

People’s Network Review: Literary criticism should do a good job of "smashing apples"

People’s Network is a large-scale online information exchange platform built by People’s Daily, a media culture listed company controlled by People’s Daily, and one of the largest comprehensive online media on the Internet. On January 1, 1997, People’s Daily Online was officially launched. On July 1st, 2006, the Central Committee of the Communist Party of China approved the launch of "China communist party News Network" hosted by People’s Daily, and became an authoritative website to publicize and introduce the Communist Party of China (CPC)’s thoughts, theories, policies and information.