Flash delivery plans to go public in the United States: Last year, the revenue of 4.5 billion yuan has turned losses, and the average income of a single order has dropped to less than 17 yuan.

Ten years after its establishment, Flash plans to go public in the United States.

According to the official website of the US Securities and Exchange Commission (SEC), on September 13th, BingExLimited (stock code: "FLX") submitted a prospectus to be listed on NASDAQ, with China International Finance Corporation, CLSA, Deutsche Bank and UBS Investment Bank as underwriters.

Since its commercial operation in 2014, as of June 30, 2024, Flash Transport has about 2.7 million registered riders, and its service coverage has expanded to 295 cities in China.

According to the data of the third party iResearch, according to the revenue in 2023, Flash Delivery is the largest independent express delivery service provider in China, with a market share of about 33.9%. According to the prospectus, unit economic benefit and replicable network are the core competitive advantages of Flash, which enables the company to continuously expand its scale and order volume and improve its profitability.

Xue Peng, the founder of Flash, is a veteran in the logistics industry. He has been the CEO since the establishment of the company and has been a director since May 2014. Before the establishment of Flash Delivery, China Express Logistics Integrated Service Platform Easy Post was established and developed. Yu Hongjian, co-founder, director and CEO of Flash, is Xue Peng’s old partner. He worked with Xue Peng for many years before he founded Flash.

According to the prospectus, before the IPO, Xue Peng held 22.7% equity and 74.6% voting rights; Yu Hongjian holds 1.6% equity and 0.5% voting rights. Among institutional shareholders, SIG, CDH Venture Capital and Shun Wei Capital hold 9.7%, 8.9% and 7.8% respectively. They have 3.2%, 2.9% and 2.6% voting rights respectively.  

According to Tianyancha, Flash has gone through more than ten rounds of financing since its establishment ten years ago. The latest round of financing was completed in 2021. According to the prospectus, in March, April and May of 2021, Flash received 747.8 million yuan from the D-2 round of financing.

In 2023, it turned losses into profits, and the annual gross profit margin increased year by year, but it was less than 10%.

As a one-to-one express delivery platform in the instant delivery industry in the same city, Flash delivery is a pioneer in the instant delivery industry in the same city, providing various exclusive services for different types of delivery for customers, and the share of Flash delivery is the largest according to the revenue in 2023. 

Compared with other real-time delivery platforms, flash delivery once said that its biggest feature is focusing on "one-to-one express delivery", which means that a flash operator is responsible for the whole service process from picking up items from the sender to delivering them to the recipient, and a flash operator can only take one order at a time, and will not take other orders until the current order ends. For this reason, many users tend to choose more respectful exclusive services when faced with the delivery needs of important items such as gifts.

According to the prospectus, it is estimated that from 2023 to 2028, the independent on-demand express delivery market in China will grow at a compound annual growth rate of 27.8%, exceeding the compound annual growth rate of 19.1% of the overall on-demand delivery market in China. By 2028, the overall on-demand distribution market in China will increase to 809.6 billion yuan, and the independent on-demand express delivery market in China will increase to 53.237 billion yuan.

However, at present, the competition in the instant delivery industry in the same city is fierce, and SF Express in the same city, Meituan Delivery in the takeaway department and Dada Group in the e-commerce department are all accelerating to seize the market.

Dada Group (Nasdaq: DADA) was listed on NASDAQ Exchange on June 5, 2020. SF City (9699.HK) was listed on the Hong Kong Stock Exchange in December 2021. Among them, the "first instant retail share" Dada Group has not yet achieved profitability. As the largest third-party instant delivery service in China, Shunfeng Tongcheng started to exert its strength. In 2023, its revenue reached 12.4 billion yuan, an increase of over 20%, and it achieved full-year profit for the first time. In the first half of this year, the income was nearly 6.88 billion yuan, a year-on-year increase of 19.6%; The net profit attributable to the owners of the company reached a record high of about 62.17 million yuan, up 105.1% year-on-year. It is worth noting that after landing in the capital market, the share price of Dada Group has fallen by over 90% compared with the issue price, and the share price of Shunfeng City has fallen by over 30%.

The prospectus shows that the flash has achieved profitability in 2023. The increase in customer demand has promoted higher order volume, and the growing number of riders has enhanced network density and delivery capacity, which has brought about organic growth in customer base and order volume.

Specifically, in the past three years, the revenue of flash delivery was 3.04 billion yuan, 4.003 billion yuan and 4.529 billion yuan respectively, of which 2022 and 2023 increased by 31.6% and 13.1% respectively. In the first half of this year, the revenue from flash transmission was 2.285 billion yuan, a year-on-year increase of 7.6%. 

In the past three years, the net profit was-291 million yuan,-180 million yuan and 110.5 million yuan respectively, of which the year-on-year loss was reduced by 38.1% in 2022, and it turned losses into profits in 2023. In the first half of this year, the net profit was 123.7 million yuan, a year-on-year increase of nearly two times. In 2023, the net profit rate was 2.4% and the net loss rate was 4.5%. The net profit rate in the first half of this year was 5.4%, compared with 2% in the same period last year. 

The prospectus pointed out that the realization of profit in 2023 was mainly due to the increase in government subsidies determined by relevant government departments as appropriate.

In the past three years, the gross profit margin has increased year by year, 6.2%, 6.5% and 8.7% respectively. The gross profit margin in the first half of this year was 11.3%, compared with 8.6% in the same period last year.

The average charge for flash delivery is 16.5 yuan per order: the income is declining year by year, which is obviously higher than that of peers.

According to the prospectus, all the income from flash delivery comes from the fees charged for providing on-demand express delivery services to customers. Flash delivery provides a unified pricing model, and the floating rate of each order is calculated according to the formulas of city, delivery distance, package weight and volume, and night surcharge. If the supply is insufficient due to bad weather or other reasons, the "peak price" may be adopted.

According to reports, the flash network mainly recruits riders through crowdsourcing mode, most of them are crowdsourcing individuals, and a small number of them are recruited from outsourcing distribution agencies in a few cities. After back training, riders become flash riders. According to the prospectus, with high-value services and crowdsourcing mode, we can maintain the light asset business model, reduce fixed costs and maintain high scalability, and quickly enter more cities.

Specifically, the number of registered flash riders increased from about 1.1 million in early 2021 to about 2.7 million on June 30, 2024. The number of registered customers increased from about 31.1 million in early 2021 to about 88.9 million on June 30, 2024. In addition, the number of daily orders for each active rider increased from 7.2 orders in 2021 to 8 orders in 2022, and further increased to 8.8 orders in 2023 and 9.3 orders in the six months to June 30, 2024.

In the past three years, the number of flash orders was 158.6 million, 213.4 million and 270.7 million. In the first half of this year, 138.1 million orders were completed. The corresponding income is 3.04 billion yuan, 4.003 billion yuan, 4.529 billion yuan and 2.285 billion yuan respectively. Based on this calculation, the average income of a single order in the past three years and the first half of this year was 19.2 yuan, 18.8 yuan, 16.7 yuan and 16.5 yuan respectively, showing a downward trend year by year.

It is worth noting that the prospectus quoted the data of the third party iResearch, showing that within six months as of June 30, 2024, Flash delivery can charge a fee at an average price of 16.5 yuan per order, which is significantly higher than that charged by other major participants in the on-demand distribution industry.

However, in terms of risk factors, the prospectus mentioned that although Flash does not intend to compete with aggressive pricing policies that are not conducive to long-term growth, it cannot guarantee that it will not be forced to lower the delivery price of customers, increase the customer incentives we provide or increase our marketing and other expenses to attract and retain customers due to competition, supervision or other reasons, in order to cope with the competitive pressure.

In addition, the salary and reward paid to "Flash Ride" are the largest components of the income cost, accounting for 90.5%, 90.3% and 87.8% of the total income in the past three years, 85.4% in the first half of this year and 87.9% in the same period last year. According to the prospectus, this shows that even in the rapid expansion stage, flash delivery can maintain a stable cost structure in the same period.

As for the growth strategy, the prospectus points out that it plans to continue to expand market share, broaden service scope and application scenarios, strengthen market-leading brand image and invest in advanced and innovative technologies. According to the prospectus, the flash delivery plan improves the penetration rate of the existing market through differentiated distribution services. At present, flashover is still in the early stage of covering the target market, and the geographical coverage of flashover will be extended to more cities in China in the near future. In addition, it plans to use its highly scalable business to expand service products to cover more application scenarios.

Don’t be afraid of grinding! Ground glass nodules are actually inert.

  Pulmonary nodule has become a high-frequency word on the physical examination list. People pay attention to pulmonary nodules, even to the point of panic, all because part of the nodules is early lung cancer. Especially when the word "ground glass" appears in the inspection report, the patient is more anxious and thinks that the difference is cancer.

  Chen Liang, director of the Department of Thoracic Surgery of jiangsu province hospital (the First Affiliated Hospital of Nanjing Medical University), told the reporter that with the increase of cases, the medical consensus on pulmonary nodules is constantly being updated. Now the ground-glass nodules have been classified into the "relative safety zone". As long as the word "ground glass" appears, the nodules are inert, so patients need not be afraid, just follow up regularly. In this big coffee health class, let’s learn more about pulmonary nodules!   

  With the word "ground glass", nodules are inert.

  "Many lung cancers are developed from ground glass nodules!" "Be careful when there are solid components in ground glass nodules, and the malignant probability of semi-ground and semi-solid nodules is the highest!" — — This is the main point that will be mentioned in many popular science of pulmonary nodules before. If there is a "ground glass nodule" on the physical examination list, the fear of patients with pulmonary nodules will escalate. Director Chen Liang told Yangzi Evening News/Zi Niu News reporter that this concept needs to be updated. There are ground glass nodules, but it is relatively safe.

  Director Chen Liang explained that infectious diseases such as tuberculosis and fungal infection and chronic inflammation may produce nodules on the lungs. Ground-glass nodules are flaky blurred shadows that we can see on chest CT, just like ground glass. Ground glass nodules are divided into "pure grinding" and "mixed grinding". The diameter of pure ground glass nodules within two centimeters in the international guidelines can be followed up; There are ground glass components and some solid components in the "mixed grinding". The guidelines for this kind of nodules also stipulate that: if the diameter is less than 6 mm, there is no need for follow-up or annual follow-up; 6-8 mm, it is recommended to follow up once every 6-12 months; Those larger than 8 mm are followed up every 3-6 months.

  The observation and summary of pulmonary nodules in medicine are also updated. The consensus now is that even if it is already an invasive adenocarcinoma, as long as there is ground glass, it is a low-grade malignant and inert tumor, and the surgical prognosis is excellent.

  Don’t intervene too early, even minimally invasive surgery is invasive.

  Director Chen Liang said that such patients are often encountered in outpatient clinics. This hospital found nodules by filming and quickly went to a large hospital for enhanced CT or even PET-CT;. Some patients will give an example, "Some people around me have nodules smaller than me, and they are all malignant", so they strongly demand surgery. There will also be patients with three or four millimeters of nodule reports coming from other places to "seek an answer".

  Patients often want big experts to determine whether their nodules are cancer. "But the eyes of experts are not microscopes, and sometimes they can’t completely determine whether they are benign or malignant." Director Chen Liang said, is it possible that two or three millimeters of nodules are malignant or have malignant "potential"? It’s a small chance, but it’s possible, but is it wrong for the doctor not to operate? Not really. When a doctor watches a film, what he really needs to grasp is the opportunity of intervention, so as to make the patient benefit the most.

  Small nodules of 3-4 mm, some hospitals and doctors may also advise patients to operate, which is actually overtreatment. Minimally invasive surgery is also invasive, and there will be injuries. It is definitely not the optimal solution to let patients who could have been "calm" for several years, more than ten years, or even without intervention for life, bear surgical injuries and various risks prematurely.

  Director Chen Liang, for example, said that the patients with pulmonary nodules who were followed up in his hand were suspected to be carcinoma in situ. After 12 years of observation, it was confirmed that they were still carcinoma in situ after surgery. "Atypical hyperplasia, cancer in situ, now think they are precancerous lesions, not cancer. From carcinoma in situ to minimally invasive carcinoma, it seems to be ‘ Advanced ’ In fact, they are only 1-2 mm apart, and the progress is very slow. Many patients are followed up for 5-10 years, and grasping the indications and timely surgery will not affect their health. " Director Chen Liang said that they spend the most time in outpatient clinics, but instead advise patients not to worry, and they can afford to wait.

  Big coffee biography

  Chen Liang, director of thoracic surgery department of the First Affiliated Hospital of Nanjing Medical University, chairman of the thoracic surgery branch of Jiangsu Medical Association, and president-designate of the thoracic surgeon branch of Jiangsu Medical Association. Committed to the surgical treatment of early lung cancer, he is good at the diagnosis and treatment of thoracic surgery-related diseases, especially lung segments. He has completed more than 1,500 cases of thoracoscopic anatomical pneumonectomy, including more than 500 cases of segmental pneumonectomy and subsegmental pneumonectomy. Thoracoscopic subsegmental pneumonectomy was reported for the first time in the world, which was widely recognized by people in the industry. He has performed surgical demonstrations at conferences at home and abroad for many times, and his technology has spread throughout the country and even abroad. Successfully performed the world’s first mixed reality (MR) assisted lung tumor resection; In China, the concept of "accurate pneumonectomy under the guidance of 3D-CTBA" was first put forward, and the first 3D-CTBA reconstruction system, DeepInsight, was developed in cooperation with Neusoft Company, and the software was successfully copyrighted, which has been widely used in China, including Taiwan Province. He has made many special reports and surgical demonstrations at international and domestic thoracic surgery conferences, and is committed to promoting accurate thoracoscopic pneumonectomy.

  He presided over the compilation of the first Atlas of Thoracoscopic Anatomical Segmental Pulmonary Resection in China and the first Atlas of Endoscopic Anatomical Segmental Pulmonary Resection in the world.

  The image is hanging in the air, and it can be seen synchronously 30 kilometers away from here.

  What kind of nodule needs surgery? Director Chen Liang said that there are "standards" in domestic and foreign guidelines at present. Generally speaking, surgery will only be considered if it is greater than 8 mm. If the nodule is suspected to be carcinoma in situ, micro-invasive carcinoma, or the size, shape and density of the nodule change, follow-up or elective surgery can be selected. If the nodule is located at the periphery of the lung, it is easier to handle, and local resection can be used, with little damage to the lung; If the position is deep, the pulmonary vessels and bronchi may be damaged during the "forced" resection, resulting in postoperative hemoptysis, limited lung expansion and other complications. "At present, minimally invasive surgery has been able to achieve anatomical lung resection, that is, to dissect a lung segment from the lung lobe, while ensuring the margin and minimizing the damage." Jiangsu province hospital is one of the earliest hospitals in China to carry out pneumonectomy, and has trained many domestic thoracic surgeons. The "Anatomical pneumonectomy course" of thoracic surgery has just passed the final certification of the Royal College of Surgeons, and it is also the first training course of pneumonectomy in the world.

  In 2017, jiangsu province hospital Thoracic Surgery completed the world’s first thoracoscopic segmental resection of early lung cancer assisted by mixed reality (MR) technology. In 2019, with the help of 5G technology, the first international 5G+MR remote real-time combined segmental pneumonectomy was completed. Under MR technology, after the doctor wears special glasses, the lung image data is "dragged" from the computer screen through artificial intelligence three-dimensional reconstruction, suspended in the air and shared in real time. Director Chen Liang, who is in the hospital headquarters, can mark the image remotely with voice and marker pen, and every instruction detail will appear clearly and without delay in the operating field of the surgeon in the operating room of Pukou Branch, 30 kilometers away. With the support of new technology, the treatment of pulmonary nodules can be more and more minimally invasive and accurate, and difficult remote surgery has also become possible.

  See the real pulmonary nodules from the numbers.

  Director Chen Liang said that jiangsu province hospital Thoracic Surgery conducted a cohort study of lung cancer in the physical examination center of the hospital. From May 2019 to 2020 (except January-March of the COVID-19 epidemic), a total of 10,225 cases were examined by CT, of which the nodule detection rate was 74.1%, and lung cancer confirmed by pathology accounted for three thousandths of the total number of people examined. It can be seen from this data that the proportion of cancer in pulmonary nodules is still not high.

  At the same time, the number of pulmonary nodule operations in jiangsu province hospital was 1,836 in 2016 and 4,393 in 2020, an increase of 139% in five years. At present, the malignant rate of surgical patients is more than 90%.

  The increase of pulmonary nodule cases is mainly related to the increase of incidence, the increase of detection rate after the improvement of imaging examination accuracy and the early diagnosis.

China Tunnel Crossing Mountains and Sea (Big Data Observation)

  Core reading

  Recently, nine China projects were successfully selected as "50 tunnel projects with global influence in the past 50 years", which attracted attention.

  A series of tunnels that drill mountains, cross rivers and cross seas have helped to form a railway network of 159,000 kilometers, a high-speed rail network of 45,000 kilometers, a highway network of 5.441 million kilometers and a high-speed network of 184,000 kilometers, connecting the flowing China, witnessing economic development and demonstrating scientific and technological strength.

  The world’s longest highway spiral tunnel, the world’s highest high-speed rail tunnel, and the world’s largest single-pipe double-layer tunnel … Today, China has built more than 50,000 kilometers of railway tunnels and highway tunnels, opening up the "throat" and forming the world’s largest high-speed railway network and expressway network.

  Recently, at the 2024 World Tunnel Congress held in Shenzhen, the International Tunnels and Underground Space Association (hereinafter referred to as "ITA") released "50 tunnel projects with global influence in the past 50 years", and 9 China projects were successfully selected, with the largest number and the highest proportion.

  Many tunnel projects broke the world record.

  From old to new, witness the technological changes of China tunnel.

  Chengdu-kunming railway Chamarat Da Tunnel, Beijing-Guangzhou Railway Heng-Guang Double Track Dayaoshan Tunnel, Xikang Railway Qinling Tunnel, Qinghai-Tibet Railway Xinguanjiao Tunnel, Hong Kong-Zhuhai-Macao Bridge Immersed Tunnel, Shenzhen Metro Line 14, Shenzhen-China Channel Cross-Harbour Tunnel, Qingdao Jiaozhou Bay Second Cross-Harbour Highway Tunnel … The selected China Project has witnessed the development and changes of China tunnel technology in recent decades.

  Chamarat Da Tunnel, a controlled project in chengdu-kunming railway, is located at an altitude of more than 2,200 meters, which has been recognized as a "forbidden zone" by foreign geologists, and underground rivers, faults and mudslides can be seen everywhere.

  In March, 1959, the Chamarat Dada Tunnel was started, and it was blasted with a sledgehammer and steel drill, often only half a meter a day. It was under such difficult conditions that the Chamarat Da Tunnel was successfully completed in November 1966, which helped chengdu-kunming railway to open to traffic successfully.

  "In order to sacrifice more ambitions and dare to teach the sun and the moon to change into a new sky," Chamarat Da Tunnel laid the spirit that China tunnel people are not afraid of hardship, fatigue and being the first. " Yan Jinxiu, former chairman of the International Tunneling Association and chief expert of China Railway Research Institute, said.

  Dayaoshan Tunnel, the key tunnel of Beijing-Guangzhou Railway Hengguang Double Track, with a total length of 14.295 kilometers, is the first super-long double-track electrified railway tunnel in China.

  "Dayaoshan Tunnel has to cross dozens of large and small faults. The rock stratum is broken, the stability is extremely poor, and the water permeability is extremely strong. The disturbance caused by tunnel construction to the mountain is very easy to cause collapse and mud gushing." The relevant person in charge of the China Railway Tunnel Bureau recalled that if you want to build the Dayaoshan Tunnel, the old method will not work and you must ponder and innovate.

  To this end, China Railway Tunnel Bureau actively carried out technological innovation, introduced advanced technology and equipment, and adopted the brand-new construction technology "New Austrian Tunneling Method" to build Dayaoshan Tunnel, creating 11 records. In 1992, Dayaoshan Tunnel won the national special prize for scientific and technological progress, leading China’s tunnel construction to achieve a breakthrough in the whole system.

  Since then, China tunnel technology has grown rapidly.

  Qinling Tunnel, a controlled project of Xikang Railway, is the first railway tunnel constructed by full-face tunneling machine (TBM) in China, which indicates that tunnel construction in China has entered the stage of shield /TBM factory construction.

  Xinguanjiao Tunnel, the control project of the second line of Xi (Ning) Ge (Ermu) of Qinghai-Tibet Railway, is the first time in the history of tunnel construction to build a tunnel with a length of more than 30 kilometers at an altitude of more than 3000 meters and under the complex geological environment of Qinghai-Tibet Plateau.

  The immersed tube tunnel of Hong Kong-Zhuhai-Macao Bridge is the longest highway immersed tube tunnel and the only deep-buried immersed tube tunnel in the world, and it is also the first immersed tube tunnel in the open sea in China. The submarine part of the tunnel is about 5664 meters, which consists of 33 giant immersed tubes and a final joint of a closure section. The maximum installation depth is over 40 meters, and it is called Mount Everest in traffic engineering.

  The deep middle passage subsea tunnel is about 6.8 kilometers long, of which the immersed tube tunnel is about 5 kilometers long, which is the longest and widest immersed tube tunnel with steel shell and concrete in the world.

  "In 1990, when China held the World Tunnel Conference for the first time, it received help from all countries in the world." Yan Jinxiu proudly said that 34 years later, after a lot of engineering practice, we have accumulated a number of innovative achievements and experiences, which can be shared with our peers in the world.

  The scale of tunnel construction has increased rapidly.

  Form the world’s largest high-speed railway network and expressway network.

  From 1990 to now, in the past 34 years, the scale of tunnel construction in China has increased by 24 times, and the construction mileage has exceeded half of the world total.

  Today, more than 50,000 kilometers of railway tunnels and highway tunnels have been built in China, opening up the "throat artery" and forming the world’s largest high-speed railway network and expressway network.

  Data show that by the end of 2023, there were 18,573 railway tunnels in operation, with a total length of 23,508 kilometers. Among them, there are 4,561 high-speed railway tunnels with a total length of 7,735 kilometers. By the end of 2022, there were 24,850 highway tunnels in operation, with a total length of 26,784,300 linear meters.

  The road network is extended and the train is speeding. In the first quarter of this year, the national railways sent 1.014 billion passengers, with an average of 11.147 million passengers per day, a year-on-year increase of 28.5%. During the "May 1" holiday, there were 1.358 billion people moving across regions in the whole society, showing the surging momentum of China’s economy.

  In today’s China, 8,543 kilometers of subway have been built, which has significantly improved the operation efficiency of the city and greatly facilitated people’s travel.

  Take Shenzhen as an example, the land area is less than 2,000 square kilometers, and the actual management service population exceeds 21 million. By continuously expanding the development space underground, people’s lives are facilitated.

  By the end of 2023, the operating mileage of Shenzhen urban rail transit network (including trams) has increased to 567.1 km, and the number of stations has increased to 393 (including interchange stations, excluding Fulin stations). The density of urban rail transit network (calculated by administrative area) has reached 0.28 km/km2. In 2023, the rail transit (including trams) network in Shenzhen transported about 2.711 billion passengers, and the passenger traffic increased by over 56% year-on-year.

  Today, China has built 5,100 kilometers of underground utility tunnel, which has strongly promoted the intensive development of the city and enhanced its resilience.

  Xiong’an new area is the first city in China to adopt all-underground utility tunnel. In Rongdong District, the first centralized built-up area in the new district, there are no manhole covers and wires on the street, and all pipelines such as electricity, gas, water supply and signals enter the underground utility tunnel.

  Relying on the new generation of information technologies such as big data and Internet of Things, the pipe gallery builds a wireless Internet of Things sensing network, builds a smart operation and maintenance platform, conducts online and offline inspections, and pursues safe, intelligent, accurate and efficient operation. Not only xiong’an new area, but also Beijing, Chongqing, Zhuzhou and other cities have built underground utility tunnel, effectively saving land space and releasing development space.

  "China has become the country with the largest number of tunnels, the largest construction scale and the fastest development speed in the world today." Ni Hong, Minister of Housing and Urban-Rural Development, said that the construction of tunnels and underground projects has made the best use of land and the smooth flow of goods, promoted rapid economic and social development, effectively improved people’s livelihood and played an important role in Chinese modernization.

  March towards full automation and intelligence

  China tunnel construction has entered the stage of complete independent innovation.

  "Now, we can proudly say that China’s tunnel construction concept and construction method have reached the world leading level." Yan Jinxiu said, especially the tunnel construction equipment represented by the large shield is all localized, and the extreme technical challenge represented by crossing the river and crossing the ocean and deep-buried tunnels on the plateau, the tunnel construction in China has entered the stage of completely independent innovation, marching towards a higher level of full automation and intelligence.

  On the morning of April 29th, with the slow rotation of the cutter head of the "Pilotage" shield machine, it marked that Chongtai Yangtze River Tunnel entered the stage of shield construction in an all-round way, and started the journey of single-headed tunneling across the Yangtze River with super-large diameter shield.

  It is reported that the "Pilotage" shield machine has to work 89 meters underwater in the Yangtze River, heading 11.3255 kilometers with its own head, connecting Chongming in Shanghai and Taicang in Jiangsu, and realizing the high-speed rail crossing the river without slowing down for the first time.

  Not only Chongtai Yangtze River Tunnel, but also many large-section tunnels under construction in China, such as Suzhou East Tunnel, a new Nantong-Ningbo high-speed railway, which is known as "the first urban high-speed railway tunnel in China"; Jintang subsea tunnel of Ningbo-Zhoushan Railway is the longest subsea high-speed rail tunnel in the world.

  It is one of the characteristics of China tunnel construction to challenge the tunnel engineering under more complicated geology. Gaoligongshan Tunnel is one of them.

  As a control project for the entire line of the Da-Rui Railway, Gaoligongshan Tunnel is the first extra-long railway tunnel in the world to cross the Hengduan Mountains. The maximum buried depth of the tunnel is 1,155 meters, and there are as many as 18 kinds of strata that the whole tunnel passes through, including 19 fault zones, which can be called the "geological museum" in the history of railway construction, covering almost all the unfavorable geology and major risks of tunnel construction.

  As of May 5, the main tunnel of Gaoligongshan Tunnel has completed 17.8 kilometers, leaving 16.7 kilometers; The parallel pilot tunnel completed 18.1 kilometers, leaving 16.4 kilometers.

  The China Railway Tunnel Bureau is responsible for the construction of this tunnel. "The China Railway Tunnel Bureau participated in the construction of seven of the eight projects shortlisted in Chinese mainland, and the Gaoligongshan Tunnel is our new milestone." The relevant person in charge of the China Railway Tunnel Bureau said.

  A few days ago, more than 30 international tunnel experts attending the World Tunnel Conference specially rushed to the shield tunnel section of Shenzhen Qianhuang Section of Guangzhou-Dongguan-Shenzhen Intercity Railway for a visit. "In just 3.5 kilometers, this tunnel has to pass through 28 major risk points such as high-speed rail and subway lines, and 128 pipelines. It is the shield tunnel project with the highest comprehensive risk and the most difficult construction among similar projects at home and abroad." Liu Ziming, project leader of China Railway 22 nd Bureau Group, said.

  "At present, global tunnels and underground projects are still in a period of rapid development, with broad development space." Chen Yun, Party Secretary and Chairman of China Railway Engineering Group Co., Ltd. said that in the future, China tunnel workers will not only build ultra-deep, ultra-long and ultra-complex tunnel projects and underground spaces with larger sections and deeper burial depth, but also devote themselves to practicing the concept of green and low-carbon development, actively develop intelligent construction and intelligent operation and maintenance, and build a world-class tunnel project.

  Layout design: Wang Zheping, Shen Yiling

  People’s Daily (May 8, 2024, 07 edition)

Car purchase guide for full-size suv Warrior 917 with less than 768,000 yuan

The richness of a car configuration is related to the user’s car experience, so many people are concerned about its configuration today. As for its advantages, please read on.

Let’s take a look at the appearance of the Warrior 917. The front face of the Warrior 917 has improved the grade of the whole vehicle, which makes people unforgettable. Headlights are young and look very visually impactful. The car is equipped with LED daytime running lights, front fog lights, automatic opening and closing, adaptive far and near light and so on. Come to the car side, the car body size is 5052MM*2150MM*2059MM, the car uses fashionable and simple lines, the car side looks very capable, with large-sized thick-walled tires, the shape is quite full. In the rear part, the rear line of Warrior 917 is rounded, the taillights look sporty and the overall layout is impressive.

In terms of interior, the interior modeling has taken a tough route and is rich in functions. The steering wheel of the car is very in line with the interior style, and it is made of genuine leather, which is not bad in practicality and value. From the central control point of view, the car is equipped with a touch-sensitive LCD central control screen with young personality, which makes the interior style impressive and energetic. The interior feels good. Let’s take a look at the dashboard and seats. The dashboard of the car presents a simple design style and the shape takes the sports route. The car uses leather seats, equipped with auxiliary seats with memory electric adjustment, seat with memory electric adjustment, seat proportion tilting and other functions, which further improves the comfort of drivers and passengers.

Warrior 917 has good space in the back row, and it is no problem to meet the daily travel needs. In addition, the car is equipped with fatigue warning, anti-lock braking (ABS), LED daytime running lights, brake assist (EBA/BAS, etc.), brake force distribution (EBD) main driver airbag, co-pilot airbag, side airbag curtain, front side airbag and other safety configurations.

Do you have a lot of ideas after reading today’s story? This class of cars can often give consideration to both cost performance and practicality, and is often considered by most consumers as the first choice when buying a car.

Fan Bingbing pushes Zhang Ziyi to promote new film, director responds to "ban" rumors



Fan Bingbing

Wang Ji


Grid News(Photo/Qian Jia Yiwen/Wang Xiaojuan) On August 14, Zhang Ziyi’s first producer and starring film "Very Perfect" was released nationwide. Director Jin Yimeng and starring Fan Bingbing "Skipped" Zhang Ziyi appeared in Beijing and responded to the "ban" rumors for the first time. That night, actors Wang Ji, Li Xiaolu, Yan Kuan and other directors came to watch the film, and Zhao Baogang, Lu Chuan, Zhang Yibai and other directors also came to join in, which can be called the "director’s field" of "Very Perfect".



"Perfect.Director Jin Yimeng

Director Lu Chuan

Director Zhang Yibai

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Wang Ji, Jin Yimeng and Fan Bingbing


Wang Ji offered three "firsts"

At the press conference, director Jin Yimeng made an appearance with starring Fan Bingbing and Lin Xinru’s "boyfriends" in the film. Actor Wang Ji praised the director’s strength and revealed that she dedicated three precious "firsts" to director Yimeng, hoping to have the opportunity to cooperate again. Fan Bingbing praised the director as a beautiful woman director, and he is destined to cooperate with young beautiful women and handsome directors.

The director responded to the "ban" rumor for the first time

That night, director Jin Yimeng attended the press conference alone with star Fan Bingbing, but Zhang Ziyi, a film producer and star, did not attend. Recently, it was rumored on the Internet that Fan Bingbing was deleted from the Korean version of the poster because he was unhappy and did not want to cooperate with the promotion in Korea. It was further reported that Fan Bingbing and director Jin Yimeng were banned by Zhang Ziyi, so they did not attend the Korean promotion. In this regard, the reporter asked director Jin Yimeng, who said that Zhang Ziyi was a producer and did it himself, which was very difficult. Before seeing this film, the general audience may ignore the director, thinking that the director is not very important. For this arrangement of the early investors, Jin Yimeng said that as long as it is beneficial to the promotion of the film, if there is any need in the future, he will cooperate.



More wonderful pictures on the next page

Di Lizheba makes a beautiful and sweet appearance, and the most beautiful performance is a public cast

Di Lizheba's "The Most Beautiful Performance" poster

Di Lizheba’s "The Most Beautiful Performance" poster

??"The Most Beautiful Performance" exposed the visual poster of actor Di Lizheba on January 14. The hair rolled up reveals a slender swan neck, and a few strands of hair are scattered on the plain and white face. The eyebrows are green and the mountain eyes are cut, and the head is slightly tilted to look at you and smile. The poster of Di Lizheba is gentle and sweet, and it radiates the heartbeat of winter healing.

??2017In 2020, a costume fantasy drama "Three Lives Three Worlds Ten Miles Peach Blossom" went LIVE and set off countless heated discussions. The attention and discussion remained high, which also made Bai Fengjiu, a playful, cute and smart nine-tailed red fox, jump into the hearts of many audiences. Three years later, in 2020, Di Lizheba became Bai Fengjiu again in "Three Lives Three Worlds Pillow Book". From the body to the eyes, emotions to the atmosphere, Di Lizheba interpreted the love-hate entanglement and sadomasochism in the play vividly and unforgettable. In the urban workplace romance drama "Happiness is within reach!", which was broadcast in the same year, Di Lizheba turned into an independent and capable workplace elite – clothing designer, company partner Zhou Fang, domineering and bright characters showed his changeable posture and strong plasticity as an actor. Then successively filmed the historical legend of ancient costumes "Long Song Xing", the urban romance drama "You are my glory", whether it is the tough hot-blooded girl Li Changge, or the popular female star Qiao Jingjing, Di Lizheba can always play well between different roles, giving it unique vitality. Farewell to Gao Wen, who has a wide range of fans of "Carat Lovers", Di Lizheba continues to create more shining wonders on the actor’s road in the name of love.

??The past 2020 has been an unforgettable experience in everyone’s heart. Because of perseverance and bravery, we can move forward through difficulties and setbacks, and we can also welcome hope with laughter and tears. Towards the end of 2020, Sina Entertainment pays tribute to the brave "you" in all walks of life with "The Most Beautiful Performance". What stories about bravery will be brought by excellent actors and directors this time? Please wait for the main film to go online to see it! (Lin Yiwen/Wen)

Chen Edison will announce his comeback in Hong Kong in March, setting off another boom. He has said he will leave indefinitely

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Editor: Red Forum

The heart of music never fades away

Despite his new identity and achievements in the trend world, Edison Chen’s love for music has never diminished. His musical talent has been revealed in his early works, especially the unique style shown in the song "God" from the album "Three Angles". Now, he has announced that he will form "Three Angles 3CORNERZ" with his musical friends MC Ren and Kitchen Boy, and return to the music stage, which is undoubtedly a rekindling of his musical dream. This return is not only a continuation of Edison Chen’s artistic career, but also a response to his past and an expectation for the future. Fans are excited about his musical comeback and look forward to him bringing new musical styles and works. This move is seen as the beginning of his self-redemption and an opportunity to prove to the public that he continues to evolve and grow.

Changes in public perspective

As times change, so do public perceptions and evaluations of celebrities. In the past, Edison Chen’s controversial behavior may have long affected his public image, but now people are more willing to see a person transform and grow. In the age of social media, Edison Chen has gradually changed public perceptions by sharing his family life, business success and continued love of music. This shift from controversy to recognition not only shows Edison Chen’s personal efforts, but also reflects a more open and inclusive attitude towards personal growth and change in society.

New challenges, new expectations

Edison Chan’s return is not just a personal comeback, but also a manifestation of the diversity of Hong Kong’s entertainment industry. His music is no longer limited to traditional pop styles, but integrates more diverse elements, demonstrating his artistic maturity and exploration. This is not only of great significance to him personally, but also brings new vitality and possibilities to the music market in Hong Kong and Asia. His return is seen as an important event in the Hong Kong music industry, which has attracted widespread attention and discussion.

Combining music with social responsibility

Edison Chen’s music is not only a means of artistic expression, but also a channel for his social responsibility. He may convey a deeper social message through music, such as focusing on themes such as environmental protection, social justice or cultural diversity. In this way, Edison Chen not only demonstrates an artist’s social responsibility, but also provides the public with an opportunity to reflect and discuss social issues. This deep-rooted music creation may win him more respect and understanding, reducing the negative impact of past controversies.

The fusion of music and trend culture

As a cross-disciplinary artist, Edison Chen has established a unique connection between music and trend culture. He may integrate trend elements into music through music videos, visual identity of concerts, and personal image shaping. This unique blend not only attracts the attention of young people, but also adds more fashion and modernity to his music. In addition, he may also further expand his artistic boundaries through collaborations with other artistic fields, such as visual artists or fashion designers.

Attitude towards controversy

In the face of doubts and controversies from the outside world, Edison Chen may adopt a more open and mature attitude. He may show the public his process of growth and reflection by publicly speaking about his experiences and feelings. This sincere communication can help the public better understand his transformation and win him more sympathy and support. At the same time, it is also a way for him to deal with past controversies, and reduce the impact of controversies on his artistic career by responding positively.

Continuous artistic exploration

Edison Chen’s musical comeback is not only a new starting point for his personal artistic career, but also the beginning of his continuous exploration and experimentation. He may experiment with different musical genres and expressions, constantly searching for his own unique artistic language. This continuous exploration not only reflects his innovation and change as an artist, but also brings more possibilities and vitality to his music.

Overall, Edison Chen’s musical comeback is an important turning point in his personal and artistic career. He not only needs to face past controversies, but also needs to constantly explore and innovate to adapt to the ever-changing music market and public expectations. In this process, his every step will affect his artistic path and public image. We look forward to his successful transformation and bring more surprises and inspirations to the Chinese music scene.

Balance between family and career

In addition to his musical breakthroughs, Edison Chen’s family life is also an important part of his life. As the father of two children, he has won praise from the public for his family happiness and love for his children on social media. This balance of family and career shows the sense of responsibility and charm of a mature man. His efforts to balance family and career are also an encouragement and demonstration for those in similar situations. His attitude to life not only adds to his multi-dimensional charm as a public figure, but also adds more humanistic color to his comeback in the field of music.

The reshaping of public image

The return of Edison Chen is also an opportunity for him to reshape his public image. Past controversies once made him the focus of the media and public discussion, but now he has shown a more mature and positive image to the public through practical actions. His transformation is an opportunity for the public to re-recognize and evaluate him. At the same time, his efforts have also given other public figures who have experienced similar setbacks a positive reference, showing that people always have the possibility to change and reinvent themselves.

Cultural and market responses

Edison Chan’s comeback is not only a personal transformation, but also an important event for Hong Kong and the Chinese-language music market as a whole. His return is likely to lead a new music trend and have a profound impact on the Chinese-language music market. At the same time, his successful comeback will also inspire other artists to dare to try and change when faced with challenges. However, the repercussions at the market and cultural level are also full of unknowns. Whether his music can adapt to the tastes of the current market and whether his image can be widely recognized at the cultural level are the challenges he faces.

Multicultural integration and innovation

Chen’s musical comeback is not only a reboot of his artistic career, but also a harbinger of more cultural integration and innovation in music. His life experiences overseas have exposed him to diverse cultures and musical styles, and these experiences are likely to be reflected in his new works. We can expect him to combine Western musical elements with the characteristics of Chinese music to create unique cross-cultural music works. This cultural fusion can not only attract domestic and foreign listeners, but also bring new vitality and direction to the Chinese music market.

The courage and determination to face challenges

Edison Chen’s comeback is not only an attempt at musical level, but also a demonstration of self-challenge and breakthrough. In the face of past controversies and public expectations, he needs to show courage and determination beyond the past. This courage is not only reflected in music creation, but also in facing public opinion and personal image management. How to handle and respond to these challenges will test his wisdom and emotional intelligence. Only by truly facing and solving these problems can he go further on the road of comeback and gain more recognition and support from more people.

The combination of technology and art

With the development of the music industry, technology plays an increasingly important role in music production and dissemination. Edison Chen may use the latest technologies in music production, such as digital audio workstations, synthesizers, and various electronic sound effects, to enrich his musical expression. At the same time, he can also use social media and online platforms to promote his music and establish more direct connections with fans. The use of technology can not only enhance the quality and diversity of his music, but also help him communicate and interact more effectively with modern audiences.

Social responsibility and public image

As a public figure, Edison Chen’s every move has received wide attention. In the process of his comeback, he must not only show his artistic talent, but also show his awareness and commitment to social responsibility. By participating in public welfare activities and supporting education and cultural undertakings, he can show his positive side to the public. This sense of social responsibility can not only help him reshape his public image, but also inspire more people to pay attention to and participate in social welfare.

The road ahead, unknown challenges

Edison Chen’s road to musical comeback is full of unknowns and challenges. Changes in the market, the tastes of listeners, and the adjustment of his own artistic state are all issues he needs to face. In addition, how he balances his personal life and career, and how to maintain his uniqueness and competitiveness in the ever-changing entertainment industry are also the keys to his future development. Although the road ahead is full of uncertainties, it is these challenges and uncertainties that constitute the value and significance of his comeback road. We look forward to seeing a more mature and strong Edison Chen continue to write his own legend on the stage of music and life.

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Test people do not understand art? Microbial creative contest waiting for you to fight!

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State Taxation Administration of The People’s Republic of China Jilin Provincial Taxation Bureau Work Trends Jilin Taxation: "Tax Benefit+Service" Double-engine-driven car-assisted enterprises

A few days ago, the State-owned Assets Supervision and Administration Commission of the State Council issued the Notice on Printing and Distributing the List of Creating World-class Demonstration Enterprises and Specialized and Innovative Demonstration Enterprises, and faw liberation Automobile Co., Ltd. of Jilin Province was successfully selected as "Creating World-class Specialized and Innovative Demonstration Enterprises". Innovation and development are a major engine for Jilin automobile enterprises to continuously achieve results.

In recent years, State Taxation Administration of The People’s Republic of China has successively issued policies to provide policy support for the innovation and pioneering development of the automobile industry, and Jilin Province has written the trillion-dollar automobile industry into the 14th Five-year Plan for National Economic and Social Development of Jilin Province and the Outline of Long-term Goals in 2035. In order to contribute to the tax power, the tax department of Jilin Province has implemented the dual-engine driving strategy of "tax benefit+service" to help the enterprise industry develop continuously and move towards the future.

Tax rebate policy, creating new kinetic energy for excellence.

In the early spring of Jilin, in this vibrant season, the traditional manufacturing industry represented by automobiles has accelerated its transformation and upgrading.

In March, the production scene of "man-machine dance" in the harness production workshop of Changchun Jieyi Automobile Technology Co., Ltd. in Changchun New District is shocking, and the automatic production line is producing charging guns for dozens of car companies around the world, such as Volkswagen, BMW and Geely.

"Dozens of wires are inserted on the same equipment from off-line to crimping, and then to sheath." Walking in the harness production workshop of Jieyi Technology, the intelligent equipment in the previous process is running rapidly. Feng Siming, R&D director of Jieyi Technology, said: "At present, the intelligent equipment in the wiring harness workshop is independently developed by Jieyi Technology. Jieyi Intelligent Manufacturing Center is equivalent to a small equipment research and development company, which conducts research and development and production according to Jieyi’s intelligent manufacturing needs. "

How to strengthen scientific and technological research and development? How to better adapt to the development trend of new energy vehicles? Zhou Lixin, a legal person of Changchun Jieyi Automobile Technology Co., Ltd., said: "The most important thing for enterprises to strengthen scientific research is the support of funds and talents. In recent years, the state has continuously provided assistance to small and medium-sized enterprises in manufacturing. With the support of tax policies, enterprises have more funds to invest in scientific research and have greater confidence to open up new markets. "

From a small and micro enterprise with only 20 people, it has quickly become an innovative enterprise famous at home and abroad; From only one production base and one workshop to four bases and six workshops; From entering the field of electronic and electrical network connection for the first time, it has developed into a leading enterprise in the field of high and low voltage wire harnesses, power transmission protection devices and intelligent charging and discharging in the domestic transportation field, and has become a supplier of well-known brands of automobiles at home and abroad. With the help of tax incentives, at the end of 2022, the company ranked 59th on the list of "Unicorn" enterprises with a valuation of 9 billion yuan, and was the only auto parts enterprise among 153 listed enterprises.

Also with the help of tax incentives, Jilin Hengwei Auto Parts Co., Ltd., the financial controller of the company, Zhang Xiaoxuan, said that the deduction ratio of manufacturing R&D expenses increased from 75% to 100%, which made us really enjoy the tax dividend of real money. In 2022, the R&D expenses of enterprises were deducted by 7.09 million yuan, which further stimulated the enthusiasm of enterprises to increase R&D investment and promote technological innovation.

Fan Bo, director of the Corporate Income Tax Division of Jilin Provincial Taxation Bureau, introduced that in order to promote the high-quality development of the automobile industry as a whole, Jilin Provincial Taxation Bureau launched a policy "white paper" and set up a "special class for key enterprises" to implement "one enterprise, one policy" to solve tax-related problems for industrial chain enterprises.

Enjoy high-quality service and be a good helper.

On March 15th, the National Development and Reform Commission issued the Reply on Agreeing to Establish a Demonstration Zone for Undertaking Industrial Transfer in Southwest Jilin, covering Siping, Liaoyuan and Tonghua. In order to better cultivate new economic growth points and better build a new development pattern. In recent years, the automobile industry and automobile-related industries in Liaoyuan City have developed rapidly, and a number of related supporting industries have emerged one after another. Gezhi Automotive Technology Co., Ltd. is the only "going out" enterprise in dongliao county, Liaoyuan City, and also an automobile mold manufacturer.

"The current development pattern of the enterprise is basically rolled out, and the newly established frame production company and casting production company all started on schedule. During this period, the tax authorities have made great efforts in tax services. " Jin Bo, financial director of Gezhi Automotive Technology Co., Ltd. said. Instead of individualized service, the "big industry service system" innovatively put forward by dongliao county Taxation Bureau is to design the general idea of industry-specific service from the aspects of the overall tax burden, tax-related risks and tax service demand of the automobile industry, and carry out individualized service within a large framework.

Talking about the advantages of the big industry service system, Jin Bo told a little thing. "not long ago, while we were doing business with upstream enterprises, we encountered difficulties in dealing with the purchase and sale of value-added tax. Under normal circumstances, it should be solved by independent coordination between enterprises. However, from the perspective of the development of the entire automobile industry, the tax department took the initiative to explain the business dealings, invoice issuance and collection of upstream and downstream enterprises. The most important thing is to help us pay attention to the potential tax-related risks in the business between upstream and downstream enterprises in the automobile industry, which is of great help to us. "

Policies fall into "pockets" and services run out of "acceleration". As a leading enterprise in the domestic commercial vehicle industry and a leader in the medium-heavy truck market, FAW Jiefang has always adhered to a diversified product line, marching into the field of new energy vehicles, and continuously building brand enterprises with the help of new energy tracks.

In order to help enterprises overtake in corners and constantly polish national brands. The Taxation Bureau of Changchun Automobile Development Zone set up the "Red Flag Fluttering, Boosting Take-off Service" to serve the elite team of FAW. In view of the characteristics of tax sources with long industrial chain and great correlation in automobile manufacturing industry, the team painted taxpayers and payers, established an integrated process of "identification-analysis-treatment-result" through the combined processing of "data+rules+artificial intelligence", and pushed it to legal persons, financial personnel and tax collectors by classification, time-sharing and stratification, which changed the situation that taxpayers needed to match the application of policies item by item.

It is mentioned in the work report of Jilin provincial government in 2023 that innovation is the "golden key" to solve the problem of Jilin’s revitalization and development. Jilin Provincial Taxation Bureau will continue to serve the "Flag E Spring City, Flag Moving Jilin" project and the "Double Thousand Projects" for the transformation of scientific and technological achievements, continuously cultivate high-quality fertile soil for the development of national brands, and help Jilin automobile enterprises to sail to the world.

The original national husband has become "Cong Oil Cake", and Wang Sicong’s huge assets have failed. How rich is he?

The love story about Wang Sicong is not the first time I have heard about Wang Sicong’s love story, but as changeable, suspicious, suspicious, and suspicious as this time chasing Sun Yining.

The causes of this matter have been summarized as follows:

In April, Wang Sicong watched Sun Yining’s appearance on the short video app to brush gifts, hundreds of thousands of gifts, and recognized Sun Yining as the ancient Internet celebrity "Pig Girl" who cheated money and returned to the Internet four years ago;

On June 15, Sun Yining cried and made a scene in the camera room, so that Wang Sicong didn’t have to force her.

Wang Sicong responded that Sun Yining lied to him and wanted to find a WeChat official account to break the news;

Sun Yining preemptively published the SIMP classic quotations of Wang Sicong’s overbearing inducement;

Wang Sicong broke the news that Sun Yining Lala, set up fake CP, and ate Ji Circle.

After the incident, Wang Sicong’s oily and tender words on Weibo became popular, and after the "principal" and the "entertainment industry discipline inspection committee", he was named a "think tank".

Kindness netizens also combed Wang Sicong’s classic quotes, and for a while, everyone also scrambled to use smart oils to make sentences, which can be described as the participation of the whole people.

Some people say that Wang Sicong is the king of classic words, and every sentence he often says can be applied to all scenes;

The other faction fully supported Sun Yining, feeling that this beautiful lady was nasty and wanted to be her fan.

Behind this question was undoubtedly the sarcasm of netizens that Wang Sicong wanted love and property bankruptcy this time. After all, Wang Sicong, who used to be known as the husband of the whole people, had chatted with many beautiful girls.

His father is Wanda Wang Jianlin, the boss of Evergrande Group. The company involves the real estate industry, business, catering industry, culture and entertainment and other industrial chains. Basically, it includes everyone’s daily life "eating and walking", and it must be included in the rich list.

The stable second generation of rich needless to say, he also likes to make trouble. Start-up company opened a lot of companies. Price’s earliest investment was that his father gave him 500 million assets to exercise his work ability. Later, several projects invested in companies in a variety of industries including mobile games, social media, electronic sports and restaurants. Subsequently, Panda Interactive Entertainment was established, which opened its entertainment industry chain, most notably the Banana Project.

There are many merchants, needless to say, luxury cars are easy to take out, all at the level of several suites.

The company is valued at $10 million to build the Rolls-Royce Magic;

More than six million dollars worth of Ferraris.

The world is limited to 918, more than 40 million, all of which are in Wang Sicong’s bag. Of course, this is just an iceberg in his garage.

Not to mention the real estate, he bought not a 136-square-meter bungalow, but a 156-square-meter high-priced house. In an interview with the BBC, he also revealed that the hotel restaurant he rented was all 8,000 luxury suites for one night, or was it a long-term stay?!

The daily life of the wealthy is beyond the imagination of ordinary people.

At the age of 27, Wang Sicong’s net worth has reached 6.30 billion, from his father’s five hundred million to 6.30 billion, he has to admit that he or a little business sense, in the project investment also has a certain vision.

And it is precisely because of the characteristics of the enterprise he established: the appearance of signing a contract to develop Internet celebrity trends occupies a large trend, so Wang Sicong also has several popular ex-girlfriends.

People in the city all say "falling Sicong, mobile Internet celebrities", and the names removed leave no more than 10 photos of the tryst.

Wang Sicong’s first love, Zhang Qian, who was hard to let go of, may have allowed him to take great strides…

Wang Ying was a beautiful female model, but this girlfriend had exposed too much of her past, and Wang Sicong had also ended his maintenance of beauty. The intimate name "Wang Xiaobeng" was also pure, but after hearing that Wang Sicong might feel cheated, he began to change clothes with his girlfriend.

Later Internet celebrity Song Liang, Zheng Kai also had a period of biography, can be regarded as one of the Internet celebrities.

Then came to the artist Zhang Yuxi, who had already successfully transformed and developed;

Zhao Ziyi, the woman behind Wang Sicong’s pet dog Wang Keke’s success;

Go to the famous Internet celebrities Pear and Doudell.

These can be regarded as the ex-girlfriends of Wang Sicong who are familiar to the partners, and those Internet celebrities who are likely to be infamous for a while are not a problem.

Therefore, what everyone never expected was that Wang Sicong, who was so adept at falling in love, would also have the day when the car overturned, and returned a lot of hilarious jokes that everyone had given after dinner.

But after careful observation, Wang Sicong didn’t seem to be happy with the road of love. This wasn’t the first time. It seemed that after eating the hardships of love, the actual operation of Sun Yining’s SIMP circulatory system was also very similar to the big brother in daily life.

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