Recently, with the overall promotion of epidemic prevention and control and economic and social development, the production and living order has been accelerated, the income growth rate of the national residents has maintained a rebound, and the consumer market has continued to rise steadily. Analysts believe that the strong resilience of China’s consumption has become an important ballast stone for China’s economy to resist the wind and waves in the first half of the year. In the second half of the year, the continuous efforts of policies such as expanding domestic demand, helping enterprises to bail out difficulties and stabilizing employment are expected to promote further compensation and recovery of consumption, thus adding more impetus to promoting the "big cycle" of domestic economy and the "double cycle" of domestic and international.

Income recovery and demand recovery

According to the latest data, in June, the total retail sales of consumer goods nationwide was 3.35 trillion yuan, down 1.8% year-on-year, and the decline narrowed for four consecutive months, with a cumulative decrease of 18.7 percentage points. From January to June, the total retail sales of social consumer goods was 17.23 trillion yuan, down 11.4% year-on-year, and the decline was 7.6 percentage points narrower than that in the first quarter.

"In the first half of the year, all localities adhered to the orientation of people’s livelihood, issued various consumer vouchers, developed the’ night economy’ through the integration of literature and tourism, helped invigorate the’ small store economy’, expanded consumption according to local conditions and took various measures to vigorously promote the recovery of household consumption. In the first half of the year, the decline in per capita consumption expenditure of the national residents narrowed significantly, with the nominal decline and the actual decline narrowing by 2.3 and 3.2 percentage points respectively compared with the first quarter. Residents’ daily necessities such as rice, flour, grain and oil, vegetables, meat, poultry and eggs were fully guaranteed, and residents’ home meals increased. In the first half of the year, the per capita expenditure on food, tobacco and alcohol increased by 5.0%, 2.9 percentage points faster than that in the first quarter. " Fang Xiaodan, director of the Household Survey Office of the National Bureau of Statistics, said.

It is worth noting that the rising growth rate of national residents’ income is inseparable from the gradual recovery of residents’ consumption level. The data shows that in the first half of the year, the per capita disposable income of the national residents was 15,666 yuan, a nominal increase of 2.4% over the same period of last year, and the nominal growth rate was 1.6 percentage points higher than that in the first quarter. After deducting the price factor, the actual decline was 2.6 percentage points narrower than that in the first quarter. At the same time, in the first half of the year, the per capita wage income of the national residents was 9010 yuan, an increase of 2.5%, 1.3 percentage points faster than that in the first quarter, and the per capita disposable income of the national residents increased by 1.4 percentage points.

Fang Xiaodan said that in terms of wage income, the resumption of work and production in various places has been solidly promoted, the vitality of economic and social development has recovered, and the economic fundamentals have laid the foundation for wage income growth; In operational income, the phased tax reduction and fee reduction, rent reduction and interest rate reduction, inclusive finance and other policy support have effectively reduced the production and operation costs of self-employed households and small and micro enterprises, and their operating conditions have improved compared with the first quarter.

There are many highlights in online consumption.

In the first half of this year, "offline limited online replenishment" became an important feature in the consumer field.

According to the data of the National Bureau of Statistics, under the prevention and control of the normalized epidemic situation, new consumption formats and new modes such as online shopping, online entertainment and online classroom are growing against the trend. For example, in the first half of the year, the number of people buying goods or services through the Internet generally increased, and the per capita postage expenditure increased by 10.8%. For another example, in order to meet the needs of home office study, the per capita spending on home desktop computers and notebook computers increased by 19.4% and 79.6% respectively in the first half of the year.

According to the Report on Economic War and Epidemic in 2020 yards jointly released by Tsinghua University China Economic and Social Research Center and Tencent Social Research Center, in the economic recovery, leisure, entertainment, restaurants, hotels and transportation rebounded most significantly, and the number of WeChat transactions increased by 7-10 times. In the last week of April, the average daily commercial transaction volume of WeChat payment has recovered to the level of the end of 2019. The report believes that the innovation of online mode under the WeChat ecosystem will further promote the upgrading of people’s lifestyles, and the depth and breadth of lifestyle online will enter a new stage, and scene, intelligence and personalization will become the development trend of lifestyle change.

Fu Yifu, a senior researcher at Suning Financial Research Institute, analyzed that in the first quarter, affected by the COVID-19 epidemic, the all-round rise of online consumption was the biggest highlight. In the second quarter, as the domestic epidemic prevention and control situation continued to improve, all walks of life resumed production and markets steadily, and the intensity of new kinetic energy for online consumption did not decrease. At the same time, offline consumption scenes such as scenic spots, restaurants and hotels also returned to the public’s field of vision, and many consumers’ consumer demand that was forced to postpone during the epidemic prevention and control period began to restart.

Zhao Ping, director of the International Trade Research Department of the China Council for the Promotion of International Trade, believes that the epidemic has further enhanced consumers’ online consumption habits, and the growth rate and proportion of online consumption have continued to increase, which has become the biggest highlight of consumption growth in the first half of the year. At the same time, online consumption has also spawned new consumption patterns such as community e-commerce, social e-commerce, community e-commerce and live delivery, thus effectively releasing the potential of online consumption.

Tamp the economic pressure resistance.

Weigh, a researcher at the Institute of World Economics of Shanghai Academy of Social Sciences, pointed out in an interview with this reporter that both the "six stability" work and the "six guarantees" task will ultimately be supported by strong consumption power. Since the beginning of this year, in the face of the great test brought by the COVID-19 epidemic, China has scientifically handled the relationship between the prevention and control of normalized epidemic and economic and social development, especially by adjusting the consumption pattern in time and effectively meeting the rigid consumption demand, thus achieving the maximum risk hedging and economic stability.

"In the process of gradually forming a new development pattern with domestic big circulation as the main body and domestic and international double circulation promoting each other, consumption is an important connection point of domestic and foreign market players and plays a very important role. Judging from the actual situation in the first half of the year, the rebound of consumer demand in China has not only become an important supporting force for China’s economy to resist all kinds of risks, but also injected strong confidence into the world economy. In the future, the role of consumption will be further highlighted. " Weighing theory.

In the eyes of many analysts, consumption is a clear manifestation of China’s economic resistance to pressure in the first half of the year. Yu Hong, a senior researcher at the Institute of East Asian Studies at the National University of Singapore, believes that China has a huge domestic market and a vibrant regional economy. In addition, the government has launched targeted fiscal, taxation and financial measures to support enterprises, which plays an important role in restoring economic growth and shows the resilience and potential of China’s economy.

Xing Ziqiang, chief economist of Morgan Stanley China, said that compared with developed countries, China’s consumption structure is currently dominated by physical consumption. In the future, as residents gradually pursue high-quality life, their consumption focus will shift from meeting basic needs to increasing life experience, and their consumption structure will also shift to service consumption. Xing Ziqiang predicts that consumption will gradually recover in the second half of this year and become the mainstay of economic growth next year, driving economic growth back to its potential level. (Reporter Wang Junling)

Legend of origin

The Dragon Boat Festival, also known as Duanyang Festival and Chung Wu Festival, is said to be the day when Qu Yuan, a great poet in ancient China, threw himself into the Guluojiang River to be martyred. For more than two thousand years, the fifth day of the fifth lunar month has become a traditional festival to commemorate Qu Yuan. According to historical records, on the fifth day of the fifth lunar month in 278 BC, Qu Yuan, a doctor and patriotic poet of the State of Chu, was filled with grief and indignation after hearing the news that Qin Jun had breached the capital of the State of Chu, and his heart ached, so he resolutely wrote Huai Sha. He threw himself into the Miluo River and died. People along the river have led boats to race to salvage, evoking souls along the water and throwing zongzi into the river to prevent fish and shrimp from eating into his body.

Today, the Dragon Boat Festival is still a festival that our people attach great importance to. On May 20th, 2006, this folk custom was approved by the State Council to be included in the first batch of national intangible cultural heritage list. Dragon Boat Festival is now a legal holiday in China.

Festival custom

01 Dragon Boat Race

Dragon boat race is the main custom of the Dragon Boat Festival. According to legend, people who originated in the ancient state of Chu were reluctant to part with the death of Qu Yuan, a sage, and many people rowed to catch up and save. They scrambled to catch up with each other and disappeared when they reached Dongting Lake. After that, I will row a dragon boat on May 5th every year to commemorate it. Dispel the fish in the river by rowing dragon boats, so as not to eat Qu Yuan’s body. The habit of racing is prevalent in Wu, Yue and Chu.

02 eat zongzi

Eating zongzi is another traditional custom of Chinese people. Zongzi, also known as "corn millet" and "zongzi". It has a long history and various patterns. From the Spring and Autumn Period to today, at the beginning of May every year, every family in China has to soak glutinous rice, wash zongzi leaves and make zongzi, with more varieties of colors. From the perspective of stuffing, there are many Beijing jujube dumplings with small dates in the north; In the south, there are many kinds of fillings, such as bean paste, fresh meat, ham and egg yolk, among which Zhejiang Jiaxing Zongzi is the representative. The custom of eating zongzi has been popular in China for thousands of years, and spread to Korea, Japan and Southeast Asian countries.

03 Artemisia argyi and calamus

A folk proverb says, "Willows are inserted in Qingming Festival, and Ai is inserted in Dragon Boat Festival". Every family sweeps the court, putting calamus and moxa sticks in the eyebrows and hanging them in the hall. Acorus calamus, Folium Artemisiae Argyi, Liuhua, Garlic and Dragon Boat Flower are made into human or tiger shapes, which are called Ai Ren and Ai Hu. It is made into garlands and ornaments, which are beautiful and fragrant, and women compete to wear them to drive away evil.

04 hanging bell statue

It is the custom of Dragon Boat Festival for Zhong Kui to catch ghosts. In the Jianghuai area, every family hangs bells and statues to ward off evil spirits. It is said that Emperor Kaiyuan of the Tang Dynasty returned to the palace from Lishan Mountain, and malaria was rampant. He dreamed that two ghosts, one big and one small, were wearing red crotch pants, stealing Yang Guifei’s sachet and Yu Di of the Ming Dynasty, and ran around the temple. GREAT GHOST wears a blue robe and hat, catches the kid, gouges out his eyes and swallows it in one gulp. When the Emperor of the Ming Dynasty asked questions, GREAT GHOST said, "My surname is Zhong Kui, that is, I am not the best in martial arts. I am willing to rid your majesty of demons." After the Ming Emperor woke up, malaria was cured, so Wu Daozi, a painter, painted a portrait of Zhong Kui catching ghosts according to what he saw in his dream, and ordered all the people to post it during the Dragon Boat Festival to exorcise evil spirits.

05 series baisuo

It is made of five-color silk, also known as Baisuo, Longevity Cord, Continuity Cord, Bing Shao, Five-color Cord, Zhu Suo and so on. Or hanging on the door, or wearing children’s neck, or tying children’s arms, or hanging on bed curtains, cradles, etc., it is said that it can avoid disasters, protect health and prolong life. In Ying Shao’s "Customs Tongyi" in the Han Dynasty, it is recorded: "On May 5, the five colors were given to continue life, and the popular saying was beneficial to human life." "The Chronicle of Jingchu’s Age" says: "It is not a disease to tie the arms with colorful silk, which is called" Bing Bing ".

06 drink realgar wine

Painting forehead is the custom of daubing children’s forehead with realgar on Dragon Boat Festival, which is said to ward off poisonous insects. The typical method is to draw the word "Wang" on children’s foreheads with realgar. One is to borrow realgar to drive away the poison, and the other is to borrow tiger’s forehead ("Wang" is like a tiger, and the tiger is the king of beasts, because it is replaced by a tiger) to suppress evil spirits. Qing Fucha Dunchong’s "Yanjing Year’s Chronicle": "From the first day of the first lunar month, take realgar and sprinkle it with wine, and apply it to the collar and nose and ears of children to avoid poison."

07 Dai Xiangbao

The sachet, also called sachet, sachet, purse, etc., is wrapped with colored silk thread and sewn with rags. It is filled with spices (made from Chinese herbal medicines, such as Radix Angelicae Dahuricae, Rhizoma Chuanxiong, Radix Scutellariae, Herba Paicao, Rhizoma Kaempferiae, Gan Song, and Radix Kaempferiae), which is worn on the chest and smells fragrant. Chen Shiliang’s Guang Ji at the Age of Years quoted Miscellaneous Notes at the Age of Years as saying, "Duanwu is made of red and white colors, and colored lines run through it, making it look like a flower." The contents of these carry-on bags have changed from sweat-absorbing mussel powder, talisman to exorcise evil spirits, copper coins and realgar powder to sachets filled with spices, and their production has become increasingly exquisite, becoming a unique folk art of the Dragon Boat Festival.

08 collecting miscellaneous drugs

Herb picking is also one of the oldest customs of Dragon Boat Festival. "Xia Xiaozheng" contains: "Store medicine this day to remove poisonous gas." Volume 22 of "Collection of Miscellaneous Drugs" quoted the lost article of "Collection of Miscellaneous Drugs at the Age of Jingchu": "On May 5, competing for miscellaneous drugs can cure all diseases." There is a record of catching toads in May in Qi Min Yao Shu Miscellaneous Notes in the late Wei Dynasty, which is also used for pharmacy.

09 Mulan decoction

It is an ancient custom recorded in "Da Dai Li" to bathe in orchid soup at noon. At that time, orchids were not today’s orchids, but Eupatorium odoratum of Compositae, which had fragrance and could be decocted and bathed. "Nine Songs in the Cloud" also has the sentence "Bathing orchid soup will make you fragrant". "The Chronicle of Jingchu’s Age": "May 5th is called the Orchid Bathing Festival." "Five Miscellanies" records that people in the Ming Dynasty took a bath with five-colored grass at noon because "orchid soup is not available." Later, it was usually fried cattails, wormwood and other herbs to take a bath.

10 doucao

Fighting grass was popular in the Southern and Northern Dynasties, and it was called "stepping on a hundred herbs", and it was called "fighting grass" or "fighting a hundred herbs" in the Tang Dynasty. "The Story of Jingchu’s Age": "On May 5th, the four people stepped on a hundred herbs together, and there was another scene of fighting a hundred herbs." After that, it is not limited to the Dragon Boat Festival.

Original title: Chinese traditional festival-Dragon Boat Festival

Read the original text

　　CCTV News:On the afternoon of December 13th, the State Council Joint Defense and Control Mechanism held a press conference. A reporter asked, some elderly people wanted to be vaccinated before, but they were assessed as inconsistent due to basic diseases and other reasons. Does this mean that they have not been vaccinated against COVID-19?

　　Wang Huaqing, chief expert of immunization program of China CDC, responded that if there is a serious allergic reaction after vaccination, this kind of vaccine can’t be vaccinated again in the future, and most other situations belong to a slow vaccination scenario. In the early stage, because of the basic diseases, we assessed that it was impossible to vaccinate, and most of this situation belonged to delayed inoculation.

　　He said that if this elderly person has a basic disease, he is in the early stage of attack, he is in a stable stage after a period of treatment, or he can’t be vaccinated because of special treatment. When the special treatment is over, these people can consider vaccination, especially in the current situation where the epidemic intensity is relatively large and there are many sources of infection, these people can be vaccinated again after re-evaluation and permission. The elderly should be well protected before they are vaccinated, and this kind of protection is also needed in the later period. If he enters the stable period of the disease and after the special treatment, it is recommended to vaccinate as soon as possible if he meets the conditions.

　　Evening News (Reporter Yan Li) For children who have not yet entered adolescence, precocious puberty is not a good thing, so many parents are concerned about it. Huang Le, chief physician of endocrinology department of Tianjin Children’s Hospital, suggested that the appearance of precocious puberty will not only hinder children’s growth and development, but also affect their physical and mental health.

　　A sign of precocious puberty

　　The precocious puberty signals of boys and girls are very different. Generally speaking, girls develop puberty before the age of 8 or boys before the age of 9, which can be preliminarily judged as precocious puberty. If a girl has breast enlargement, pubic hair growth, armpit hair growth, vaginal discharge increase before the age of 8 or menstruation before the age of 10, parents should pay attention to any of these changes, which is the signal of precocious puberty of girls. Before the age of 9, if boys have testicles and penises growing up, scrotal skin folds increase and the color deepens, penile erection increases, and even some boys produce semen, these are all signs of precocious puberty in boys.

　　In addition, children’s precocious puberty has several characteristics, such as sudden increase in height, obvious development in a short time, and may have symptoms such as headache, vomiting and blurred vision. If children who have not entered adolescence have the above phenomenon, parents should also pay attention to it in time.

　　The harm of precocious puberty

　　The most obvious harm of precocious puberty is that it may affect the height of children. Adolescence is the fastest stage of children’s growth and development. If children have precocious puberty before puberty, it may affect their height development. Clinical cases show that some children with precocious puberty will greatly slow down their growth rate and their height will be shorter than that of normal children.

　　Secondly, precocious puberty will affect children’s mental health, and children with precocious puberty may have some physical differences with children of the same age, which will have an impact on children’s psychology.

　　Furthermore, precocious puberty may affect the development of children’s reproductive system. With the continuous improvement of people’s living standards and the improvement of dietary nutrition, children’s sexual development is now relatively advanced, so parents need to pay more attention to this aspect. In addition, the causes of children’s precocious puberty are complicated and influenced by many factors such as heredity, diet and environment, so it is more necessary to seek medical treatment as soon as possible, otherwise it is likely to affect the child’s future development.

　　Prevention of precocious puberty

　　In order to avoid precocious puberty, parents can adjust their children from the aspects of diet, exercise and sleep.

　　Parents should pay attention to balance their children’s diet, and don’t have to deliberately emphasize fineness. It’s best to eat coarse grains and flour and rice in a balanced way. The doctor suggested that children should eat less snacks and eat some fruits in addition to the normal three meals a day, but they should not delay the dinner. Parents should drive their children to exercise moderately. Doctors suggest that when the weather is fine, parents should take their children outdoors for at least one hour at a time. Parents should urge their children to get enough sleep every day and try to sleep around 21 o’clock. Children generally need 10 to 12 hours of sleep every day, and at least 9 to 10 hours of quality sleep should be guaranteed.

　　In addition, doctors remind parents that if children are found to have precocious puberty, they should go to regular hospitals in time, be tested by scientific diagnostic methods such as hormone level, B-ultrasound and CT, and be treated according to the doctor’s advice.

Only after handing over the best mid-year report in history, BYD (002594.SZ) immediately encountered the test of investor confidence by Buffett’s reduction.

Since 2022, BYD’s various businesses have generally been "opened". In terms of new energy vehicles, sales exceeded 100,000 vehicles for five consecutive months, and surpassed Tesla to top the global sales in the first half of 2022. At the same time, the installed capacity of power batteries has steadily increased. In May, it surpassed LG in the installed capacity ranking of global power battery enterprises and became the second in the world.

Under the blessing of two ace businesses and high market valuation, BYD ushered in an unexpected but unexpected Davis double click — — On June 10th, BYD’s total market value successfully exceeded one trillion, becoming the first domestic automobile brand with a market value exceeding one trillion.

But there were Ning Wang and Tesla before, followed by Wei Xiaoli. Can the trillion "Diwang" take the lead in the increasingly white-hot global new energy vehicle war and bring more imagination beyond the valuation of nearly 300 times?

Berkshire’s answer now seems to be no: for the first time in 14 years, it reduced its holdings by more than 6 million shares. There are still 219 million shares in hand, will the market outlook continue to cash out? This makes the market quite a bit floating.

Go back to the basic disk. BYD has been building its own winning weapon for many years — — The industrial chain layout and vertically integrated business structure have made it frequently criticized, and now it is highly respected and has become "the only company that has completely withstood the blockade, chip shortage and rising raw material prices".

After the profit turning point, whether BYD’s whole industrial chain layout can escort and promote its sustained high growth, and how unique industrial ecological landscape will be generated, this paper will deconstruct and analyze its two main businesses, new energy vehicles and power batteries, and find out.

The full text is long, mainly from the following aspects:

New energy vehicle business

1.1 Upstream chip: self-core-made, and it has become the power semiconductor faucet of domestic vehicle specifications.

1.2 Mid-stream auto parts: Can the "Foday System" be both internal and external?

1.3 intelligent mid-stream vehicles: self-research capability needs to be improved.

1.4 Downstream production base: The layout quantity is relatively advanced.

Second, the power battery business

2.1 upstream lithium ore and raw materials: self-production and equity participation.

2.2 Battery technology and key equipment are independently developed.

2.3 layout power battery recycling, trying to solve the demand for raw materials.

2.4 The production capacity continued to expand, adding multiple production bases.

I. New energy vehicle business

Cars are undoubtedly BYD’s most profitable business segment.

In the first half of 2022, BYD sold 646,400 vehicles, up 162.03% year-on-year, of which 638,200 were new energy passenger vehicles, up 324.84% year-on-year, and the domestic market share reached 24.7%, up over 7.5 percentage points from 2021.

In terms of revenue, in the first half of 2022, the proportion of automobiles, related products and other products in total revenue increased from 52.20% in the first half of 2021 to 72.55% in the first half of 2022, achieving revenue of 109.267 billion yuan, a year-on-year increase of 130.31%.

In terms of profit, BYD ended the situation of increasing income without increasing profit. In the first half of the year, it realized a net profit of 3.029 billion yuan, a year-on-year increase of 721.72%.

"BYD has a high configuration and a low price, so it sells well. After its market share is stable, it will gradually raise prices and its profitability will improve." A new energy fund manager said that the complete industrial chain layout has also promoted BYD’s profitability.

Wang Chuanfu once said that foreign suppliers despises new independent brands and can only rely on themselves at first. It is both a challenge and an opportunity. It is from the initial forced "self-production and self-supply" that BYD has stepped forward to the present.

1.1 Upstream chip: self-core-made, and it has become the power semiconductor faucet of domestic vehicle specifications.

In 2002, BYD set up the integrated circuit design department, which started almost simultaneously with its plan to build cars and batteries. In 2004, IT officially entered the field of microelectronics and optoelectronics in the IT industry, and BYD Microelectronics was established, which was later BYD Semiconductor. Recently, BYD Semiconductor has submitted a prospectus to Shenzhen Stock Exchange, intending to be listed on GEM.

BYD has been developing its own chips for 20 years, and now it has become the largest power semiconductor IDM enterprise in China. According to BYD Semiconductor’s prospectus, the company’s main business is divided into five sectors: power semiconductor, intelligent control IC, intelligent sensor, photoelectric semiconductor, manufacturing and service, and the revenue in 2021 accounts for 43.22%, 13.46%, 19.25%, 18.69% and 5.38% respectively.

Among them, the power semiconductor business with the largest proportion of revenue mainly adopts IDM business model, and has formed a complete industrial chain including chip design, wafer manufacturing, module packaging and testing, and system-level application testing. The products mainly include IGBT chips, FRD chips, IGBT modules, IGBT single tubes, IPM modules, SiC modules, etc., which are applied to new energy vehicles and other fields.

BYD Semiconductor has set up an IGBT R&D team since 2005. IGBT can convert direct current into alternating current, which is an indispensable device for new energy vehicles. At present, the company’s vehicle-class IGBT module has matched BYD’s new energy vehicles, and the total shipment volume ranks first in China, breaking the monopoly of overseas manufacturers.

At the same time, BYD Semiconductor is also the first power semiconductor enterprise in the world and the only one in China to realize the large-scale loading of SiC three-phase full-bridge modules in motor drive controllers of new energy vehicles. It has broken through technical problems such as high-temperature packaging materials, long-life interconnection design, high heat dissipation design and vehicle regulation level verification, and realized the large-scale application of SiC modules in high-end models of new energy vehicles.

Intelligent control IC products include MCU chip, power IC and BMSAFE chip. At present, Fabless business model is mainly adopted.

In the field of vehicle regulation MCU, BYD Semiconductor is also the first echelon in China. The company’s car-level 8-bit MCU chip has been mass-produced since 2018, and is mainly used in automotive electronic control scenes such as car lights and car buttons; The 32-bit MCU chip of vehicle regulation level is designed according to the requirements of ISO26262 safety level standard, and it integrates various communication modules, which can be applied to automotive electronic control scenes such as electric windows, electric seats, wipers, lights and instruments.

Wang Chuanfu once said that the electrification of automobiles has brought about great changes that have never happened in a hundred years, and the industrial supply chain system is bound to be reconstructed. "In the field of semiconductors, the demand for semiconductors in electric vehicles is 5-10 times higher than that in traditional vehicles. Electric cars are in the first half, smart cars are in the second half, and smart cars have greater demand for semiconductors. "

However, there are only a handful of car companies that make their own chips. After all, the research and development cycle is long and the investment is large, which is not cost-effective, especially the IDM model with heavy asset investment.

In the tide of core shortage that swept the world in the past two years, automobile chips were in the most shortage, especially the power semiconductor of automobile gauge and MCU in vehicle. The advantages of BYD’s self-made chips were fully reflected.

Can BYD Semiconductor supply in bulk to other car manufacturers in the future? At present, in addition to supplying BYD Group, its vehicle-grade power semiconductor products have entered the supply systems of manufacturers such as Xiaokang Automobile, Yutong Automobile, Foton Motor, Ruiling, Beijing Times, Invigorate, Blue Ocean Huateng and Huichuan Technology, but in 2021, the revenue from BYD Group still accounted for more than 60%.

1.2 Mid-stream auto parts: Can the "Foday System" be both internal and external?

"BYD’s overall supply chain was relatively weak during the epidemic. Some core components were done by its own business department, and the control of the supply chain was relatively in place." A new energy analyst of a brokerage recently said in an interview with CBN.

In March 2022, BYD launched an independent Foday brand and officially announced the establishment of Foday Company. The company has operational autonomy and the core components of new energy are sold to the outside world.

According to Wang Chuanfu, as a sub-brand of BYD, Foday Department is a complete auto parts supporting system, which is an inevitable choice for BYD after years of vertical integration. After the split, it will be priced according to the market-oriented mechanism to form a profit center.

On the one hand, Foday Company guarantees the safety of BYD’s industrial chain, on the other hand, it can broaden the company’s growth space through external supply, which is expected to open a second growth curve in the field of auto parts.

Up to now, BYD has five auto parts companies: Foday Mould, Foday Power, Foday Battery, Foday Technology and Foday Vision, and through these five companies, it has realized self-supply in the fields of power battery, electric drive system, electric vehicle platform, thermal management system, lighting system and battery management system.

In terms of batteries, since 2020, Foday Battery has established a number of "Foday Department" battery companies.

From Bengbu Fudi Battery Co., Ltd. in 2020 to Wuwei, Yancheng, Jinan, Shaoxing, Chuzhou, Fuzhou Fudi Battery Co., Ltd. and Chongqing Fudi Battery Research Institute Co., Ltd. in 2021, and then to Xiangyang, Taizhou, Nanning, and Guangxi Fudi Battery Co., Ltd. in 2022, the total number is more than ten.

In February 2022, the power battery project of FAW Fudi New Energy Technology Co., Ltd., which was jointly registered by China FAW Group and BYD, officially started. With a total investment of 13.5 billion yuan, the project can meet the configuration requirements of 600,000 electric vehicles every year after it is completed and put into operation, and realize an annual output value of more than 20 billion yuan.

In terms of electric drive, in March 2022, Skyworth Motor released the Skyworth HT-i model. Some insiders said that the Skyworth HT-i model adopted the HT-i system developed by Foday Power and Skyworth, and the HT-i system was tailored for Skyworth Motor.

As early as 2019, BYD released the "BYD New Energy Vehicle Parts Selection Manual", which externally supplied core components such as powertrain, motor, electronic control and power supply.

1.3 intelligent mid-stream vehicles: self-research capability needs to be improved.

BYD, which started from the traditional manufacturing industry, did not have the conditions to impact the high-end in the era of fuel vehicles. With the advent of the intelligent era, BYD’s self-research and foreign cooperation were driven by both, and it got the tickets for the second half in advance.

Yang Dongsheng, vice president of BYD and president of Product Planning and Automotive New Technology Research Institute, once said that the core of automotive intelligence lies in the intelligent cockpit. After three years of development, BYD’s DiLink system applied to the intelligent cockpit has launched version 4.0 in 2021.

Previously, in the second half of 2020, BYD Intelligent Networking Center also released DiPilot, an advanced intelligent driving assistance system for automobiles, for the first time, which includes DiDAS intelligent assistance technology and DiTrainer coaching mode.

At present, BYD’s main subsidiary, Foday Technology, is engaged in research related to intelligent cockpit, ADAS and vehicle networking. The specific products include multimedia systems, blind spot monitoring systems, automatic parking, panoramic images and intelligent forward-looking. At the same time, Foday Seiko has relevant layout in smart car, and its specific products are lighting combination headlights and rear lights, rearview mirrors, indoor and outdoor photo lamps, etc. In addition, the Automotive Smart Ecology Research Institute is engaged in the research and development of open smart car platforms, smart customer relationships and smart car applications.

However, compared with electrification, BYD’s intelligent self-research ability needs to be improved.

"It is difficult for BYD to make breakthroughs in intelligent driving and software systems. Now it is basically the world of Huawei and several foreign players." The above fund manager said. There are even more extreme voices saying that BYD’s shortcomings in the direction of intelligence are as obvious as its advantages in electrification.

Among them, hardware configuration and OTA (over-the-air download technology) are the main gaps between BYD and the new car-making forces.

The Qualcomm Snapdragon SM6350 chip used in BYD DiLink 4.0 platform is a mid-to high-end processor, while the mainstream cockpit chips of Tucki P5, Weilai ET7 and ET5 all use Qualcomm Snapdragon SA8155P chip. SA8155P chip is the top-level chip in Qualcomm, and it is in the first echelon in the automotive chip industry. At the same time, BYD has also faced problems such as upgrade trouble and poor user experience in OTA.

Judging from the layout of BYD’s R&D, it seems that the company really prefers electrification. In 2021, BYD’s R&D investment reached 10.63 billion yuan, a year-on-year increase of 24.20%. The projects involved mainly included blade battery technology, energy storage products (BMS-active) and DM-i super hybrid.

How will BYD handle itself in terms of intelligence?

At the same time of self-research, BYD chose to strengthen cooperation with the outside world in an effort to make up for the shortcomings of the industrial chain.

In 2018, BYD and Baidu Apollo signed cooperation agreements related to new energy vehicles, driverless technology and vehicle asset sharing operations.

In 2019, BYD signed a strategic cooperation agreement with Huawei, and BYD Han was equipped with Huawei HiCar；; In March 2021, the company strategically invested in Horizon, an automotive smart chip enterprise; In November 2021, Momenta, a company related to autopilot software, established a joint venture company "Dipai Zhixing" for high-level autopilot layout; In December 2021, it reached a strategic cooperation agreement with sagitar Juchuang (mainly engaged in intelligent lidar system), and officially led sagitar Juchuang in February 2022. In February 2022, Baidu was selected as the supplier of intelligent driving system; In March of the same year, it reached a cooperation with NVIDIA, and it is planned to install NVIDIA DRIVEHyperion platform on some vehicles in the first half of 2023 to realize a higher level of intelligent driving function.

1.4 Downstream production base: the layout quantity is relatively advanced.

In April 2022, when the epidemic was serious, BYD’s pure electric and plug-in hybrid products were ranked first in the sales of passenger car brands.

The reason why BYD’s sales volume can ride the dust, in addition to the materials needed for self-supply, the widely distributed production base also contributed.

Compared with enterprises such as Weilai, Ideality and Tesla, which have only one production base in China, BYD has built four automobile production bases in Shenzhen, Xi ‘an, Changsha and Changzhou. In June 2022, the first complete vehicle Qin PLUSDM-i of BYD Hefei Base Phase I was successfully rolled off the assembly line, and five other factories, including Fuzhou, were under construction. This means that once there is an emergency, BYD can minimize the risk of downtime.

According to the data of China Investment Network, as of May 2022, BYD’s annual production capacity has reached 1.3 million vehicles, and it is expected to reach 3.4 million vehicles in 2022. With the steady implementation of mass production plans of some factories, the vehicle production capacity will reach 4.05 million vehicles in 2023, and the scale effect will be further revealed.

It is reported that at present, BYD’s four bases in Jinan, Hefei, Zhengzhou and Shenshan all adopt the mode of "parts+whole vehicle", which can predict in advance to reduce the accumulation of parts and spare parts and reduce the stocking cost as much as possible.

Second, the power battery business

The struggle between Ferrous lithium phosphate and Sanyuan never stopped. Wang Chuanfu, who has worked with batteries for decades, insists that BYD can only find a way out in China and the world if it is Ferrous lithium phosphate. Despite the twists and turns, BYD finally won back the main battlefield of lithium iron phosphate battery with its high-performance blade battery.

According to the data of China Automotive Power Battery Industry Innovation Alliance, with the accelerated loading of blade batteries, the installed capacity of BYD power batteries increased from 16.2% in 2021 to 22.25% in the first seven months of 2022.

However, the financial report shows that in 2021, BYD’s secondary charging and photovoltaic business (including power battery business) achieved revenue of 16.471 billion yuan, a year-on-year increase of 36.72%; The gross profit margin was 11.94%, down 8.22 percentage points year-on-year.

To say who is holding back the profitability of power batteries, the high probability is the lithium mine whose price is "constantly rising". BYD’s power battery business has undoubtedly faced the challenge of high raw material prices since 2021. In fact, in order to stabilize the supply chain and control the battery cost, BYD has been trying to enter the upstream lithium mine field in recent years, and at the same time, it has intensified its efforts to lay out the middle-stream lithium battery equipment, downstream power battery recycling and other businesses.

2.1 upstream lithium ore and raw materials: self-production and equity participation.

In March, 2022, Wang Chuanfu said at the committee of 100 Forum on Electric Vehicles in China that the soaring price of battery raw materials was a challenge that the industry needed to overcome. He suggested that the layout and production capacity of lithium carbonate resources should be comprehensively sorted out, the domestic mining volume and foreign imports should be increased, and the price expectation should be stabilized.

BYD mainly arranges lithium resources by investing in lithium resource enterprises, establishing joint ventures with lithium resource enterprises, and directly purchasing lithium mine mining rights.

As early as 2010, BYD invested about 200 million yuan to acquire an 18% stake in Zabuye High-tech Lithium Industry Co., Ltd. in Shigatse, Tibet. According to the data, Zabuye High-tech Lithium Industry is a holding subsidiary of Tibet Mining and has the exclusive mining right of Zabuye Salt Lake for 20 years. The salt lake is the third largest lithium mine salt lake in the world and the largest in Asia, with proven lithium reserves of 1.841 million tons.

Since 2022, the company’s lithium resource layout has been more intensive. In January, BYD won the bid of $61 million for the Chilean lithium mine, but unfortunately the project was stopped by the local court; In March, it is planned to invest 3 billion yuan in Shengxin Lithium Energy. In April 2022, the company signed an agreement with Yinhe Lithium Industry to purchase 60,000 tons of lithium concentrate every year. At the same time, the planned new 60,000-ton lithium salt project in Indonesia is expected to be put into production in 2023. At the end of March, BYD Auto Industry, a subsidiary, invested 6 million yuan and held 30% of the shares, and set up a mining company with Sichuan Luqiao, aiming at developing Sichuan lithium mine resources; In May, it was reported that BYD had found six lithium mines in Africa, all of which had reached the acquisition intention. The output of lithium carbonate in these six lithium mines is reported to reach 1 million tons, which can cover the company’s raw material demand in the next decade.

As for cathode materials, BYD, as an enterprise specializing in lithium iron phosphate batteries, can imagine the demand for Ferrous lithium phosphate. Therefore, on the basis of self-research and self-production, the company also guarantees the supply through the mode of foreign equity participation.

In 2019, the Ecological Environment Bureau of Haidong City, Qinghai Province issued a public notice of environmental impact assessment, and accepted the construction project of Ferrous lithium phosphate with an annual output of 20,000 tons of Qinghai BYD Industrial Co., Ltd., with a total investment of 710 million yuan.

In July 2022, Anda Technology announced that BYD spent 30 million yuan to subscribe for the company’s directional issuance of shares, with a shareholding ratio of 2.11%. In addition, BYD also took a stake in Hunan Yuneng, another leading anode manufacturer in Ferrous lithium phosphate, with a shareholding ratio of 5.27%.

In addition to lithium ore and cathode materials, the company’s annual report revealed that a series of related businesses such as battery aluminum foil, aluminum-plastic film, separator and electrolyte additives were also laid out in the field of power batteries, and the upstream and downstream industries were continuously strengthened.

In 2021, North China Aluminum Company established a battery aluminum foil company, which attracted many battery companies to become shareholders, of which BYD held 2.97%.

Zijiang New Materials is one of the leading enterprises in the domestic aluminum-plastic film industry. In the second half of 2021, strategic investors such as BYD were introduced through capital increase and share expansion, and BYD directly held 3.87% of the shares. At the same time, BYD was the largest customer of Zijiang New Materials.

BYD’s diaphragm layout started as early as 2009, when the company and Foshan Plastic Group Co., Ltd. jointly expanded the lithium-ion battery diaphragm project with a total investment of about 105 million yuan. By August, 2016, BYD’s power battery separator has been partially produced.

In terms of electrolyte additives, in February 2021, BYD took a stake in Huasheng Lithium Battery, which had just been IPO, and held 1.98% of the shares.

2.2 Battery technology and key equipment are independently developed.

Insisting on being long and thin is the development direction of BYD’s battery technology.

The company’s main product, the blade battery, adopts the Ferrous lithium phosphate scheme of long battery cells, flattens the battery cells, and uses the module-free technology to form a battery pack, so that the utilization rate of the internal space is increased to about 60%, and the cost can be reduced by about 25%.

According to TF Securities, in November 2021, Foday battery ranked second in the domestic market share of power battery cells. Foday battery joint venture FAW Foday New Energy Technology Co., Ltd. is mainly engaged in the manufacturing of core components such as new energy batteries, modules and related supporting industries. After the factory is fully put into production, the annual production capacity of power battery can reach 45GWh, which will provide long-life blade batteries for more than 1 million vehicles.

Because the shape of the blade battery is different from that of the traditional power battery, the ready-made standard equipment can’t be used directly. BYD takes advantage of being a "tech man" and the equipment for key processes is developed by itself.

For example, the lamination process adopts the equipment and cutting scheme independently developed by BYD. The pole piece with a length of nearly 1 meter can achieve the accuracy and speed of tolerance control within ±0.3mm and single lamination efficiency of 0.3s/pcs, which is the first in the world. At the same time, self-developed equipment and systems are also used in the assembly and liquid injection.

2.3 layout power battery recycling, trying to solve the demand for raw materials.

In September 2015, BYD and GEM jointly established a recycling system of "material recycling-battery recycling-new energy vehicle manufacturing-power battery recycling". In January 2018, BYD signed a strategic partnership agreement with Tower Company for recycling new energy power batteries. At present, BYD has set up more than 40 power battery recycling service outlets in more than 10 provinces and cities.

In addition to solving the urgent demand for raw materials and reducing the cost of raw materials, another significance of the power battery recycling business is that it may open up a new growth curve for BYD.

Judging from the performance of battery recycling leaders GEM and Tianqi, in 2021, GEM’s power battery recycling business achieved revenue of 151 million yuan, a year-on-year increase of 61.63%; Jiangxi Tianqi Jintaige Cobalt Co., Ltd., the core subsidiary of Tianqi’s lithium battery recycling business, achieved an operating income of 988 million yuan in 2021, a year-on-year increase of 52%; The net profit of returning to the mother was 224 million yuan, a year-on-year increase of 622.58%.

According to the data, the business scope of Taizhou Fudi Battery Co., Ltd., a subsidiary of Fudi Power, includes battery manufacturing and sales, recycling and cascade utilization of waste power batteries in new energy vehicles, and research and development of new materials and technologies. At present, the company is indirectly wholly-owned by BYD Co., Ltd.

2.4 The production capacity continued to expand, adding multiple production bases.

"In 2021, the bottleneck of battery capacity had a certain impact on the mass production of the whole vehicle. With the production capacity of the battery base in 2022, the automobile production capacity will also increase. In April, the proportion of BYD’s loading on the battery side has reached 32.18%, and the gap with Contemporary Amperex Technology Co., Limited is gradually narrowing." The above analyst said.

Since 2021, BYD has successively expanded eight battery production bases in Jinan, Shandong, Wuwei, Anhui, Yancheng, Jiangsu, Wuhan, Hubei, Shaoxing, Zhejiang, Ningbo, Chuzhou, Anhui and Fuzhou, Jiangxi, with a total new production capacity of 205GWh. In 2022, bases in Xiangyang, Hubei and Changchun, Jilin were successively opened, and two base projects in Taizhou, Zhejiang and Nanning, Guangxi were signed.

In terms of production capacity, BYD plans to have a production capacity of 135GWh in 2021 and an available production capacity of 80GWh；; In 2022, the planned production capacity is 285GWh, and the available production capacity exceeds 200GWh；; By 2023, the planned production capacity will exceed 500GWh, and the available production capacity will exceed 350GWh.

The expansion of production capacity has also accelerated the process of BYD’s battery supply.

In 2018, BYD Power Battery only had two commercial vehicle customers, Taikai Automobile and Xugong Machinery. In 2019, the external supply of passenger cars was opened, and Changan Automobile, FAW and Changan Ford became new customers.

After BYD launched the blade battery in March 2020, it attracted more car companies to discuss cooperation.

In 2021, the external supply ratio of BYD power battery is about 10%. From the perspective of specific customers, FAW is the first third-party passenger car enterprise to adopt blade batteries, and BYD power batteries account for 25% of its total installed capacity; Dongfeng, Changan and BAIC use ternary batteries, and BYD’s supply accounts for 6%, 4% and 0.1% respectively.

Cinda Securities believes that with the increase of the acceptance of Ferrous lithium phosphate route, the external supply business is expected to usher in a substantial breakthrough, and the power battery business may become another important growth pole of the comparable automobile business.

Third, the conclusion

From about 60 yuan/share in June 2020 to a high of 358.86 yuan/share in June 2022, BYD’s share price has nearly tripled in just two years, which is supported by performance and the result of high valuation given by the market.

It can’t be denied that BYD seems to have opened up the second vein of Ren Du in the past two years, and the vertical integration layout that has been painstakingly managed for many years has soared to generate, resulting in great synergy, forming a virtuous circle of the whole industrial chain of new energy vehicles and constantly gaining positive feedback.

But after the market value once broke through one trillion, where is BYD’s next stop?

There were many optimists. Head brokers use the segment valuation method and think that the company’s reasonable value is 1.4 trillion yuan; There is also a view that new energy vehicles will be not only a means of transportation in the future, but also the next generation of intelligent terminals. If the new energy vehicle industry will produce a company with a market value of 2 to 3 times that of Apple’s stock, the market value of BYD may be trillions of dollars against Tesla.

Real money traders are obviously more rational. The latest market value of BYD’s A-shares has dropped to around 850 billion yuan, and the news that the stock god has reduced its holdings may further return it.

Charles Munger once said, "Wang Chuanfu knows what he can do and what he can’t do, while Musk thinks he can do anything. I prefer to choose those who have self-knowledge. " This is a high evaluation, but obviously, this does not affect Berkshire’s reduction of cash BYD, at the time he thinks it is appropriate.

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This article does not constitute any investment advice, and investors should act accordingly at their own risk. The market is risky and investment needs to be cautious.

　　Xinhua News Agency, Beijing, August 20th (Reporter Xia Ke) Summer is the season of high incidence of intestinal infectious diseases, with high temperature and humidity, which is conducive to the reproduction of germs, and food is easily contaminated. People like to eat cold food to relieve summer heat, and the chances of infection are further increased. Beijing CDC reminds that attention should be paid to drinking water hygiene and food safety. High temperature can kill pathogenic microorganisms, and drinking water should be boiled before drinking. In addition, don’t use antibiotics as soon as diarrhea occurs. Abuse of antibiotics may lead to imbalance of normal intestinal flora, which is not conducive to recovery.

　　According to reports, the main manifestations of intestinal infectious diseases are diarrhea, nausea, vomiting, abdominal pain, loss of appetite, etc. Serious cases can lead to dehydration, and very few cases are even life-threatening.

　　Experts from Beijing CDC said that to prevent intestinal infectious diseases, first of all, food should be separated from raw food and cooked food to avoid cross-contamination. Leftover food should be stored in the refrigerator in time, and the storage time should not be too long. Before eating again, it needs to be heated until it is completely hot, because the low temperature of the refrigerator can only delay the growth of bacteria, but it cannot be sterilized. In addition, it is necessary to eat as little as possible foods that are easy to carry pathogenic bacteria, such as snails, shells, crabs and other aquatic products, especially seafood stalls on mobile roadsides, and products that are eaten raw or half-eaten. For families with pets, we must do a good job in pet hygiene, and at the same time, we must warn our children not to feed their pets while eating.

　　Experts suggest that if diarrhea occurs, fasting and water restriction are not recommended, and light and digestible liquid or semi-liquid food should be eaten, and the symptoms will gradually transition to a normal diet after improvement. If diarrhea is not serious, the symptoms can be improved within 2 -3 days by adjusting diet, rest and symptomatic treatment. People with severe diarrhea, especially those with dehydration symptoms, should go to the hospital intestinal clinic for medical treatment in time. In order to prevent dehydration, you should drink more sugar and salt water, and it is best to buy "oral rehydration salt" at the pharmacy; Patients who have suffered from dehydration or severe vomiting and can’t drink water should go to the hospital in time and take intravenous rehydration and other treatment measures according to the doctor’s advice.

　　Experts suggest that it is wrong for many patients to use antibiotics as soon as they have diarrhea. Because most diarrhea does not need antibiotic treatment, abuse of antibiotics may lead to imbalance of normal intestinal flora, which is not conducive to the recovery of diarrhea. If you are not sure whether antibiotics should be used, patients should go to the intestinal clinic.

"Chengdu decided to start the yellow warning of ozone heavy pollution weather at 0: 00 on March 6, 2023 …" On March 5, the day before the warning started, Chengdu issued the warning information of heavy pollution weather. By taking emergency control measures, Chengdu regained an excellent day-March 6, the air quality was good. Accurate and efficient early warning relies on the ecological environment monitoring network.

At present, around water, gas, soil, ecology, pollution sources and other factors, Sichuan has built more than 28,000 monitoring points, achieving full coverage of monitoring points in cities, counties, cities and major tributaries, with basically complete elements and more "hearing and seeing" in ecological environment monitoring.

Four transformations

● The transition from manual to automatic.

The number of automatic stations in our province has increased from 296 to 2,634, an increase of nearly 8 times compared with 2015, basically achieving full coverage of urban environmental air and surface water quality automatic stations in cities and counties of the province.

● Change from extensive to precise.

In terms of ambient air quality, county-level cities have monitored three indicators every month for five days, four times a day and six indicators every time at the beginning of the Thirteenth Five-Year Plan.

In terms of water environmental quality, it has been monitored once a month from the beginning of the Thirteenth Five-Year Plan to six times a day now, and 109 items of water quality in drinking water sources have been fully monitored and analyzed.

In the aspect of coordination of measurement and management, high-tech means such as radar rover and unmanned aerial vehicle are used to carry out mobile navigation of pollutants, accurately draw "pollution map trajectory" and quickly and accurately lock pollution sources.

● Transition from decentralized closure to integrated linkage.

Eco-environmental departments and meteorological departments should cooperate with each other, establish a data sharing mechanism for eco-environmental monitoring, and gradually realize the effective integration, interconnection and mutual sharing of data on environmental quality, pollution sources and ecological quality monitoring, so as to evaluate the eco-environmental quality more objectively and predict the development trend more accurately.

● Change from status quo monitoring to comprehensive prediction and early warning.

At the beginning of the "Thirteenth Five-Year Plan", our province did not have the ability to forecast water quality. After five years of construction, it can now forecast the fine cross-section of key river basins in the next three days and the trend water quality forecast in the next seven days.

How to monitor? Build a network to achieve full coverage of monitoring points in cities, counties, cities and major tributaries.

In the Key Laboratory of Atmospheric Research of Super Station on the sixth floor of Chengdu Research Institute of Environmental Protection, a large number of monitoring data such as inorganic elements, carbon components and VOCs are displayed here on a big screen. These monitoring data come from around-the-clock monitoring instruments and high-performance computers that operate continuously in the laboratory.

"This is the atmospheric particulate matter and photochemical sub-station, which is what our major usually calls a super station." Rowena, an engineer from Chengdu Academy of Environmental Sciences, told the reporter. Following Rowena to the roof of the laboratory, the reporter saw the sampling tube of the monitoring instrument. Rowena introduced that the sampling tube will sample the air like a needle, and then deliver it to the monitoring instrument for analysis after successful sampling. "These sampling and monitoring equipment are open all year round, which not only realizes real-time monitoring of 6 parameters of ambient air, but also realizes monitoring and analysis of more than 150 air pollutant indicators including volatile organic compounds." Rowena said.

In the laboratory, the reporter found that many monitoring indicators were recorded in detail by time or in the form of curves or images. What help do these images and curves have to air pollution prevention and control?

Lei Yi, deputy director of the Department of Ecology and Environment, gave the answer: these curves and images with different colors actually hide various "signs" of air pollution changes, and the causes of air pollution can be interpreted from them, which is also the difference between super stations and conventional automatic monitoring stations. According to Lei Yi, the super station can capture more and smaller pollution factors, including more than 150 indicators. By "blood test" for the atmosphere, the "cause" of air pollution can be clearly identified, so as to "prescribe the right medicine" and achieve refined control.

Without the strong support of monitoring data, the "foundation" of the battle against pollution will be unstable, and the super station is only a microcosm of the construction of Sichuan ecological environment monitoring network. The reporter learned that around water, gas, soil, ecology, pollution sources and other factors, Sichuan has built more than 28,000 monitoring points. Among them, there are nearly 25,000 environmental quality monitoring points, more than 100 ecological quality monitoring points and more than 3,000 pollution source monitoring points. Basically completed the three-year goal and task of the province’s ecological environment monitoring network construction, and achieved full coverage of monitoring points in cities, counties, cities and major tributaries, with basically complete elements.

What’s the effect? Four changes to make ecological environment monitoring smarter and more efficient.

The construction of ecological environment monitoring network makes ecological environment monitoring more intelligent and efficient.

"The first is the transition from manual to automatic." According to the relevant person in charge of the Monitoring Department of the Department of Ecology and Environment, after years of construction, the number of automatic stations in our province has increased from 296 to 2,634, an increase of nearly 8 times compared with 2015, basically achieving full coverage of urban environmental air and surface water quality automatic stations in cities and counties of the province. Taking pollution source monitoring as an example, the first and second batches of online monitoring and control systems for pollution sources were piloted in 11 cities to achieve a breakthrough in the new monitoring method of "electricity consumption monitoring". "By remotely querying the electricity consumption of enterprises, we can know whether the pollution control facilities of enterprises are operating normally, and the monitoring tentacles are further extended." The person in charge said.

Realize the transformation from extensive to accurate. "At present, the environmental monitoring method has changed from the previous situation of extensive, low frequency, few indicators and single means." According to the above-mentioned person in charge, in terms of ambient air quality, county-level cities have monitored three indicators for five days a month, four times a day and each time at the beginning of the "Thirteenth Five-Year Plan", and now they have monitored once an hour, monitoring six indicators each time; In terms of water environmental quality, from monitoring once a month at the beginning of the "Thirteenth Five-Year Plan" to monitoring six times a day now, 109 items of water quality in drinking water sources have been fully monitored and analyzed, so that ordinary people can drink clean water and feel at ease; In the aspect of coordination of measurement and management, high-tech means such as radar rover and unmanned aerial vehicle are also used to carry out mobile navigation of pollutants, accurately draw "pollution map trajectory", quickly and accurately lock pollution sources, and make environmental law enforcement targeted.

Realize the transformation from decentralized closure to integrated linkage. The reporter learned that at present, the ecological and environmental departments and meteorological departments have achieved synergy and linkage, established a data sharing mechanism for ecological environment monitoring, and gradually realized effective integration, interconnection and mutual sharing of data such as environmental quality, pollution sources and ecological quality monitoring, so as to evaluate the ecological environment quality more objectively and predict the development trend more accurately. In 2022 alone, the eco-environmental department held 23 consultations with the meteorological department and issued 15 warnings of heavy pollution.

The transition from current situation monitoring to comprehensive prediction and early warning. According to the relevant person in charge of the Monitoring Department of the Department of Ecology and Environment, at the beginning of the Thirteenth Five-Year Plan, our province did not have the ability to forecast water quality. After five years of construction, it is now possible to forecast the refinement of key river basin sections in the next three days and the trend water quality forecast in the next seven days. "It can effectively prevent and control water pollution emergencies and minimize possible losses." The person in charge said. (Reporter Tian Chengchen)

related news

Seven enterprises were selected into the list of provincial benchmark enterprises for energy saving and carbon reduction in 2022.

On March 23, the Ministry of Economy and Information Technology announced the list of provincial-level benchmark enterprises for energy saving and carbon reduction in 2022, and seven enterprises from cement, electrolytic aluminum, chemical industry, steel, ceramics and other industries were selected.

The relevant person in charge of the Department of Economics and Information Technology said that the above industries are high energy-consuming industries, and the energy efficiency level of the selected benchmark enterprises is better than the industry level by increasing energy conservation and carbon reduction in the industrial field. Taking Bazhong CONCH Co., Ltd. as an example, the company has spared no effort in environmental protection investment, persistently treating the source, reducing emissions, reducing consumption, suppressing dust, reducing noise and increasing green, and actively trying the application of new materials, new processes and new technologies in traditional fields, which has changed the production face of the traditional cement industry of "it’s cloudy in sunny days and muddy in rainy days".

Sichuan has set a goal that by 2025, the production capacity of key industries in the industrial sector will reach the benchmark level by more than 30%. The relevant person in charge of the Department of Economic and Information Technology said that relying on benchmarking activities, cities (states) should benchmark advanced practices and experiences, and guide enterprises in key areas to carry out energy-saving and carbon-reducing technological transformation in a scientific and orderly manner and promote energy efficiency. All benchmark enterprises for energy conservation and carbon reduction should actively play a leading role in demonstration, consolidate their achievements, continuously improve the level of energy conservation and carbon reduction, drive the low-carbon transformation and high-quality development of the whole industry, and help realize the peak carbon dioxide emissions in the industrial field as scheduled.

Previously, the Ministry of Industry and Information Technology, the National Development and Reform Commission and the State Administration of Markets jointly released the list of energy efficiency "leaders" enterprises in key energy-using industries in 2022, and two of the seven provincial-level benchmark enterprises in Sichuan were on the list. (Reporter Yan Minfang)

　　Not long ago, an App called "Master Amoy" was popular in the used car market. This App has magical functions-as long as you pay 29 yuan, you can query the maintenance records, accident history, last mileage and restore the most authentic records of vehicles.

　　This information is especially important for many used car dealers in the market. When deciding whether to buy this second-hand car, it depends on whether there is something wrong with the car, such as whether it has been flooded, burned, and had an accident. These safety hazards will become important factors to consider.

　　As a result, this App quickly caught fire in the circle. But few people have thought about where these car data come from.

　　On May 17, 2017, the person in charge of an automobile 4S shop in Yancheng City, Jiangsu Province reported that they found that the account login of DMS system used by Gao, the after-sales supervisor in the store, was abnormal. In recent days, this account will query the relevant data of different vehicles for more than 500 times every day, which obviously exceeds the normal workload of 4S stores.

　　The so-called DMS system is an internal operating system used by automobile dealers to register and upload vehicle maintenance records and find relevant information such as vehicle owners. As long as you enter the frame number in the system, you can query the relevant data of each car of the car brand nationwide.

　　After the police searched, they found that a USB flash drive was inserted behind the computer host used by Gao, an employee of the 4S shop, and there were abnormal programs running in it.

　　After analysis by the Judicial Appraisal Center, it is found that there is a program customized for the DMS system of 4S shop in the U disk. This program can query the owner’s name, license plate number, frame number, maintenance information and other related information in the system, which is actually a plug-in program.

　　With the deepening of the investigation, the police found that this was not a case, but a criminal gang specializing in illegally obtaining automobile data and information. On October 27th, the Ministry of Public Security listed the case for supervision.

　　The police investigating the case said that through the review, the suspect Gao was an "inner ghost" who sold vehicle data information. According to his account, in March 2017, Ma, an employee of a company in Shenzhen, went to the 4S shop and contacted him privately. Both parties agreed that Gao would provide Ma with the account number and password of DMS system in order to obtain vehicle data, and the company would pay Gao a monthly fee.

　　It is understood that as long as you can browse the DMS system of 4S stores, you can not only illegally obtain owner information, but also obtain a lot of vehicle information. These data include vehicle accident records, maintenance records, maintenance records, replacement of spare parts records, vehicle mileage and so on.

　　The police investigating the case said that during the investigation of the case, three core data servers and 21 computer hard disks were seized at the scene. The appraisal results of the appraisal agency showed that the criminal gang obtained relevant data involving 32 automobile brands and more than 1.55 million vehicles.

　　According to the criminal suspects, they privately agreed with a number of 4S shop employees that the 4S shop employees would provide their account numbers and passwords, and the companies involved paid the fees on a monthly basis, with a cumulative payment of more than 500,000 yuan to the 4S shop employees, and the most people made illegal profits of more than 50,000 yuan.

　　According to the police investigating the case, the company involved in the case is engaged in the evaluation of the condition of used cars offline, and they need relevant data of vehicles. Initially, they bought data from other companies. Because of the high cost, it took a long time to get the data. Some shareholders proposed to develop software programs and obtain relevant data from 4S stores through technical means.

　　The company used the illegally obtained data on the repair and maintenance of various brands of vehicles to research and develop the "Taobao Master" App query platform, and then provided this platform for others and units to use for profit. In addition, they also sell the illegally obtained car data to other used car evaluation and acquisition platforms, and charge them at the contract price.

　　The police found that the case belongs to a new type of "black production" crime on the Internet operated by companies, with a high level of criminal technology. Compared with traditional crimes, internet crimes have the advantages of low cost, easy implementation and low risk, and are not easy to be found.

　　Most activities of Internet crimes are carried out on the Internet platform, and the suspects only need to operate on a computer connected to the Internet. Cybercrime is only an instant electronic data transmission, which is easy to modify and delete and highly virtual.

　　According to the police investigating the case, the internal information system security management of many vehicle production and sales enterprises involved in the case is chaotic, and there are not many corresponding security measures taken by enterprises, and some employees are not aware of the confidentiality of vehicle information and other data.

　　Some Internet companies have a weak legal awareness, and unilaterally think that the new field is a gray area, and they will do whatever it takes to obtain data. Some automobile production and sales enterprises have loopholes in internal automobile information management, failed to take effective preventive measures, and even colluded internally and externally to illegally transmit citizens’ personal information.

　　The police found that vehicle transactions in the used car market generally need vehicle-related data to support them, but the acquisition of vehicle data is often "opaque and irregular", which also provides favorable conditions for Internet crimes. (Reporter Li Chao correspondent Zhang Tianpeng Cao Lei)

　　Xinhua News Agency, Beijing, February 3rd Title: Abuse of "long arm jurisdiction" has made the world bitter and beautiful for a long time.

　　Xinhua News Agency reporter Fan Yu

　　The "long-arm jurisdiction" of the United States has existed for a long time, and its means are constantly being refurbished, but its essence is always a tool to safeguard American hegemony. The stick of sanctions has become more and more fierce, and the "arm" has become longer and longer. This arbitrary judicial practice of "extraterritorial jurisdiction" on entities and individuals in other countries has caused great harm to the world.

　　"Long-arm jurisdiction" was originally used to deal with the interstate jurisdiction of the United States, and later gradually evolved into a big weapon in the American bullying toolbox. The United States is constantly strengthening its legislation in an attempt to put on a "legitimate" coat for "long-arm jurisdiction", which not only involves a variety of legal names, but also lowers its application threshold to expand its discretion. At the same time, the United States has also established a "long-arm jurisdiction" implementation system with multi-sectoral division of labor and cooperation. The State Council, the Ministry of Finance, the Ministry of Commerce and other departments in the United States perform their respective duties and cooperate with each other, and are endowed with law enforcement powers such as freezing assets, drawing up a list of sanctioned individuals and entities, and examining and issuing licenses. In addition, the US government also provides support for the enforcement of economic sanctions by controlling the two cross-border fund payment and settlement systems, SWIFT and CHIPS.

　　On July 4, 2022, in front of the US Embassy in Zimbabwe, Harare, Zimbabwe, members of Zimbabwe’s "Alliance Against Sanctions" held placards to oppose the long-term economic sanctions imposed on Zimbabwe by the United States and its Western allies. Xinhua News Agency (photo by Tafara Muguala)

　　According to the report of the US Treasury Department, by the end of fiscal year 2021, the United States has imposed more than 9,400 sanctions. Its number and variety are shocking. Ali Laidi, a researcher at the French Institute of International Relations and Strategy, pointedly pointed out in the book "The Secret War" that the United States openly exerts pressure on any country through "long-arm jurisdiction", whether it is an ally or an enemy, and it is completely "absolute monarch".

　　The United States abused "long arm jurisdiction" and attacked the multilateral international order. The United States frequently implements unilateral sanctions outside the framework of the United Nations. In 2021 alone, the US Department of Finance, the Ministry of Commerce and other departments imposed various sanctions on more than 2,000 entities. As a result, the sanctions function of the Security Council has been impacted, seriously affecting its normal operation of maintaining international peace and security. Ignoring its "301" measures, the United States has been ruled by the Dispute Settlement Body of the World Trade Organization as a violation of international law. It continues to launch various unilateral "301 investigations" on imported products from China and other countries, and maintains the existing "301" tariff measures, undermining the tariff concessions achieved by the multilateral trading system after several rounds of difficult negotiations, flagrantly trampling on the purpose and spirit of the multilateral trading system and damaging the cornerstone of its operation.

　　The abuse of "long arm jurisdiction" by the United States poses a serious threat to the economic sovereignty of other countries. So far, American "long arm jurisdiction" has involved China, Russian, Iranian, Syrian, North Korea, Cuba and other countries. Even during the global spread of the COVID-19 epidemic, the U.S. government stubbornly insisted on imposing unilateral sanctions on Iran, Syria and other countries, which made it difficult for the sanctioned countries to obtain medical supplies needed to fight the epidemic in time. The United States even spared its allies, and many enterprises in France, Britain, Germany, Japan and other countries became "meals on the plate" under its "long arm jurisdiction". The stories of victims such as Deutsche Bank and Alstom in France were widely circulated in the global industry. The French "Echo" pointed out that "long arm jurisdiction" has become a weapon in the American economic war.

　　This is the capitol in Washington, DC, on January 19th. Xinhua News Agency (photo by Shen Ting)　

　　The abuse of "long arm jurisdiction" by the United States interferes with the international trade order, undermines the normal supply chain of global trade, and harms the interests of enterprises in other countries. As long as the entity behavior has the so-called "minimum contact" with the United States, the "long arm" may arrive at any time. With the "long arm" of the United States stretched out indiscriminately, European companies such as Germany, France and Italy were fined or dealt a fatal blow. In order to hunt down competitive enterprises, the "long arm jurisdiction" of the United States has been increased layer by layer, expanding from the United States to the global scope, and extending from American goods to goods produced by American technology and equipment. Such interference in international business transactions and competition completely deviates from its long-term self-proclaimed liberal market economy concept.

　　The United States is abusing its "long arm jurisdiction" and is eating itself back. In order to counter the "long arm" of the United States, some countries, while perfecting their own laws, also launched a counterattack against the United States on multilateral occasions. In 1996, the European Union passed the Blocking Act, which blocked the effect of American "long arm jurisdiction" measures in the EU by legislation. In addition, the EU has put forward proposals and initiated initiatives in the United Nations General Assembly, the Security Council, the WTO and other international institutions, calling on the international community to pay attention to the dangers of the "long-arm jurisdiction" of the United States. The addiction to sanctions and bullying in the United States have caused increasingly strong dissatisfaction in the international community, and the willfulness of the United States’ "long-arm jurisdiction" will eventually harm others and harm themselves.

　　CCTV News:Renaming, listing and forming a new leadership team … … After the closing of the two sessions of the National People’s Congress in 2018, the newly formed departments of state institutional reform were listed one after another.

　　According to the timetable listed in the Plan for Deepening the Reform of Party and State Institutions, the institutional reform of the central and state organs should be put in place before the end of 2018.

　　On March 23, the State Supervision Commission was officially listed, and later, the Ministry of Agriculture and Rural Affairs, the Ministry of Culture and Tourism, and the State Administration of Immigration have also been officially listed.

　　What do the brands of these national institutions look like (time arrangement of mortgage cards)? Look at the picture to understand

　　the National Supervisory Commission (NSC)

　　On March 23,The National Supervisory Commission (NSC), People’s Republic of ChinaUnveiled.

　　The Politburo Standing Committee (PSC) of the Communist Party of China and Zhao Leji, secretary of the Central Commission for Discipline Inspection, attended the unveiling ceremony and spoke at the meeting of cadres of the State Supervision Commission of the Central Commission for Discipline Inspection. Member the Political Bureau of the Communist Party of China (CPC) Central Committee, Deputy Secretary of the Central Commission for Discipline Inspection and Yang Xiaodu, Director of the National Supervisory Commission presided over the meeting.

　　Zhao Leji:

　　The most important thing of the joint office of the Commission for Discipline Inspection and Supervision is the deep integration of functions, personnel and work, which is the reshaping of "shape" and "spirit". We should firmly grasp the fundamental point of deepening the reform of the state supervision system, adhere to the centralized and unified leadership of the Party over anti-corruption work, perform our duties in accordance with party constitution’s party rules and constitutional laws, adhere to the people-centered value orientation, adhere to the rule of law thinking and the rule of law, adhere to the full coverage of all public officials exercising public power, promote the comprehensive integration and strategic reshaping of the Commission for Discipline Inspection and Supervision, and realize the overall improvement of discipline inspection and supervision work in the new era.

　　National Health Commission (NHS)

　　On March 27, the newly formedPeople’s Republic of China (PRC) National Health and Wellness CommitteeOfficially unveiled. Member the Political Bureau of the Communist Party of China (CPC) Central Committee and Sun Chunlan, Vice Premier of the People’s Republic of China attended the unveiling ceremony and held a working forum.

　　Sun Chunlan:

　　The establishment of the National Health and Wellness Committee is an important decision made by the CPC Central Committee with a view to continuously meeting people’s health needs, which embodies a major change in the concept of health and wellness work. To undertake new missions and show new achievements, new institutions must firmly establish the concept of great health and great health, improve the national health policy, change the focus on treating diseases into the focus on people’s health, and continuously improve people’s health and well-being. It is necessary to put prevention in a more important position, strengthen health education and disease prevention and control, guide the masses to develop healthy living habits, and try to get sick as little as possible.

　　National Immigration Bureau

　　National Immigration Bureau、People’s Republic of China (PRC) Entry-Exit Administration BureauIt was officially listed on April 2. Guo Shengkun, member of the Political Bureau of the Communist Party of China (CPC) Central Committee and secretary of the Central Political and Legal Committee, attended the ceremony and delivered a speech. State Councilor and Minister of Public Security Zhao Kezhi attended.

　　Guo Shengkun:

　　The establishment of the National Immigration Bureau is of great significance for strengthening the Party’s overall leadership over immigration and entry-exit management, further forming a joint force of immigration management, and better serving the new pattern of China’s economic and social development and opening up. It is necessary to adhere to the people-centered principle, strictly manage according to law, and provide civilized and enthusiastic service, so as to provide more convenience for the people and foreigners who come to work and live in China, and make the National Immigration Administration’s "business card for showing China’s good image more shining.

　　Ministry of Agriculture and Rural Affairs

　　On April 3,Ministry of Agriculture and Rural Affairs of the People’s Republic of ChinaOfficially unveiled. Member the Political Bureau of the Communist Party of China (CPC) Central Committee and Hu Chunhua, Vice Premier of the People’s Republic of China attended the unveiling ceremony.

　　Hu Chunhua:

　　The establishment of the Ministry of Agriculture and Rural Affairs is an important decision made by the CPC Central Committee with the overall interests of the Party and the country in mind. Its purpose is to strengthen the Party’s centralized and unified leadership over the work concerning agriculture, rural areas and farmers, adhere to the priority development of agriculture and rural areas, implement the rural revitalization strategy as a whole, promote the all-round upgrading of agriculture, the all-round progress of rural areas and the all-round development of farmers, and accelerate the modernization of agriculture and rural areas.

　　State Grain and Material Reserve Bureau

　　On April 4,State Grain and Material Reserve BureauBe listed and established. State He Lifeng, Party Secretary and Director of the National Development and Reform Commission and Deputy Director Zhang Yong attended the ceremony.

　　State Grain and Material Reserve BureauThe main responsibilities are to organize and implement the purchasing, storage, rotation and management of national strategy and emergency reserve materials according to the overall development plan and variety catalogue of national reserves, be responsible for the construction and management of reserve infrastructure, supervise and inspect the implementation of government reserves, enterprise reserves and reserve policies, and be responsible for the management of grain circulation industry and the administrative management of central reserve grain and cotton.

　　Ministry of Culture and Tourism

　　On April 8,Ministry of Culture and Tourism of People’s Republic of China (PRC)Officially unveiled in Beijing. Member the Political Bureau of the Communist Party of China (CPC) Central Committee and Minister Huang Kunming of Publicity Department of the Communist Party of China attended the unveiling ceremony and held a forum.

　　Huang Kunming:

　　The establishment of the Ministry of Culture and Tourism is an important decision made by the CPC Central Committee with the Supreme Leader as the core and based on the overall situation of the party and the state. It is an important part of deepening the reform of the party and state institutions. It has important practical significance and far-reaching historical significance for strengthening the party’s overall leadership over culture and tourism, promoting the modernization of the governance system and governance capacity in the field of culture and tourism, promoting the integrated development of cultural undertakings, cultural industries and tourism, meeting the needs of the people for a better life, and improving the country’s cultural soft power and the influence of Chinese culture.

　　China Banking and Insurance Regulatory Commission

　　On April 8,China Banking and Insurance Regulatory CommissionOfficially unveiled, Committee member the Political Bureau of the Communist Party of China (CPC) Central Committee and Liu He, Vice Premier of the People’s Republic of China attended the unveiling ceremony.

　　Liu He:

　　The cadres of the Insurance Regulatory Commission of the Bank of China should strive to meet the requirements of "loyalty, professionalism and practicality". "Loyalty" means resolutely safeguarding the authority and centralized and unified leadership of the CPC Central Committee with the Supreme Leader as the core, being loyal to the motherland, the people and their duties, bringing the supervision work into the orbit of the rule of law in an all-round way, establishing a good professional ethics, loving their posts, being diligent and conscientious, and striving to protect the interests of consumers. "Specialization" means advocating professionalism, having sufficient professional knowledge reserves and maintaining a high level of professionalism. "Reality" means understanding the situation realistically, identifying problems accurately, taking practical measures to prevent and resolve risks, seeing actual results, making dedication with the spirit of nailing and solid work style, and being responsible for defending the soil. Tell the truth, do honest things and be honest.

　　▌ Information/China Government Network Map/China Government Network, vision china