1905Film network feature　 Film Bureau of State Administration of Press, Publication, Radio, Film and Television2017yeartwelvemoon31The data released in the evening shows that:2017In, the total box office of national movies was559.11100 million yuan, a year-on-year increase13.45%; Among them,Domestic film box office301.04100 million yuan, accounting for the total box office53.84%The number of domestic films exceeding 100 million has reached51Department.

　

The volume of the film market is growing steadily, and the creation of film content is also moving towards quality and diversification. Looking back on another year of China’s film industry, filmmakers once again offered coverage to the audience.Action, comedy, fantasy, suspenseAnd many other types of rich masterpieces. We witnessed the box office spectacle of 10.858 billion action movies, followed comedies and walked through the spring, summer, autumn and winter with a smile, and were moved by the amazing fantasy world in the movies and the humanistic feelings of the excellent works.

　

China movies in 2017 are "exciting enough, lively enough and worth watching".

The action movie "Wolf Warriors 2" dominated by 10.85 billion yuan achieved a new height in domestic films.

　

Action movies play an important role in all kinds of movies, and only such works can give full play to the sports characteristics of movies. In 2017, 28 domestic action movies landed in mainland cinemas, which captured 10.858 billion box office in one fell swoop, including 11 movies with over 100 million yuan, followed by Wolf Warriors 2 and. This data ranks first among all types, showing the unshakable dominance of such subjects.

"Wolf Warriors 2" stills

　　

Among all these 28 works, Wolf Warriors 2, a phenomenal explosive work, has to be mentioned.5.68 billion single box office volume, nearly 160 million people watching movies.It not only helped the film successfully rank among the TOP100 in the global box office list, but also achieved a new height of domestic films from many angles. The title of the first box office in 2017 and the box office champion in mainland film history is only a part. Wolf Warriors 2 proves with its own strength that the theme of the main melody can be perfectly compatible with the creation of commercial films, and the story full of feelings for home and country can touch countless audiences. Like Wolf Warriors 2, the film "Hunting in the Sky", which focuses on the theme of military action, was released in the National Day file, and it also achieved more than 320 million success.

Stills of "England vs. England"

　

Apart from Jason Wu and his "Wolf Warriors 2", another kung fu movie star also made an eye-catching performance in the film market in 2017. He is Jackie Chan, whom we are most familiar with. The action comedy "Kung Fu Yoga" in the Spring Festival has a total box office of over 1.64 billion. Exotic family fun stories and cool kung fu fighting scenes vividly show Jackie Chan’s personal film style. On the National Day, however, he subverted the past and appeared in a slightly old-fashioned style, bringing a serious theme and a cold action style. Adding up the data of the two works, Jackie Chan’s box office contribution to the 2017 domestic action movie has exceeded 2.1 billion.

　

Comedy films are on the rise rapidly, and the explosions "Shame" and "Tianzhu" win the schedule with laughter.

　

Comedy movies have brought new changes and opportunities to China film market again and again, and created countless box office myths of "Little Soldiers Make Great Achievements". In 2017, the comedy film genre still gathered the most creativity of China filmmakers, and the number of 43 cinema films stood out among all types. At the same time, the box office is still laughing and cursing all the way, and the success of 4.338 billion yuan has increased rapidly compared with last year.

Stills of "The Iron Fist of Shame"

　

Mahua FunAge’s team, which has sprung up in the film market in the past two years, after becoming the dark horse of the year, launched the masterpiece "The Iron Fist of Shame" in the National Day of 2017. A solid script that has been tested by hundreds of drama stages, as well as wonderful interpretations by Allen, Mary, Shen Teng and others, remake a story of men and women who are not novel, giving a different feeling. During the 11th holiday, "The Iron Fist of Shame" took the lead in the film market, eventually attracting 2.2 billion yuan, and the audience scored more than 9 points, achieving a double harvest at the box office and word of mouth.

Poster of "Make a scene in Tianzhu"

　

Ranked second is the box office of nearly 720 million. This film is Wang Baoqiang’s directorial debut, and it also achieved good market response when it was released in the Spring Festival in 2017. Looking at the popular schedules of the whole year, such as the New Year’s Eve, there are many comedies. This fully shows that comedy is still the most popular theme for the audience. It not only makes us say goodbye to the past in laughter, but also makes us welcome the future with a brand-new attitude.

Next page:Fantasy type highlights the film industry level, and the volume advantage of single box office is obvious.

Author: Wang Shouming (Professor, Department of Chinese as a Foreign Language, East China Normal University, librarian of Shanghai Literature and History Research Institute)

In the autumn of 1958, I entered the Chinese Department of East China Normal University, and suddenly I have passed a year. After graduating in 1962, I stayed in the Chinese Department to teach. Although I was transferred from the Chinese Department to the Department of Chinese as a Foreign Language, I spent most of my time in the Chinese Department of Normal University. Most of the teachers of Chinese Department who taught me when I was at school or taught me after work, except Xu Zhongyu and others, have died in the west, but the past is still often in front of me.

Mr. Xu Zhongyu made great efforts for the construction of Chinese Department.

On the evening of December 17th, 2014, the 6th Shanghai Literature and Art Award awarded "Lifetime Achievement Award" to 12 teachers, one of whom was Mr. Xu Zhongyu.

Mr. Xu was born in 1915 and is 103 years old this year. When I entered the school, he was supposed to be in his prime, but in 1957, when he was "speaking out", he advocated that universities should be "taught by professors" and "academic supremacy", so he put on a "Rightist" hat in early 1958 and was deprived of the qualification to go to the podium. I took off my hat in 1960, and I had to listen to my teacher’s lecture in 1961. What he gave us was "Selected Works of China Ancient Literature". In a big classroom on the third floor of the school’s literature and history building, Mr. Wang was stiff and his face was angular. In Mandarin with a southern Jiangsu accent, he told us about the book of songs, such as tenderness, sincerity, resentment and innocence, Liu Xie’s Wen Xin Diao Long and Zhong Rong’s Mr. Wang’s lectures are extremely rigorous, and he has a strong taste of "scholasticism". He often holds cards in his hand and solicits extensive quotations. Later, I learned that Mr. Wang was diligent in writing transcripts by hand, and accumulated tens of thousands of cards, accounting for more than 30 million words in calligraphy!

At the end of the "Cultural Revolution", Mr. Wang served as the head of the Chinese Department, later as the honorary head, and was also responsible for the work of the East China Normal University Committee of the NLD; During this period, I first served as the director of the ancient Chinese teaching and research section, then as the deputy director of the department, and joined the NLD. Although my major is different from Mr. Wang’s, I have more contacts. Mr. Wang was over 60 years old when he presided over the Chinese Department, but he still made great efforts for the construction of the Chinese Department with abundant energy. He attaches great importance to the cultivation of students, and tries out the exemption system, credit system and elective course system in the department. At that time, graduate students had not officially started enrolling students. He proposed the mode of "directional training", that is, senior undergraduates who are interested in their studies can choose their tutors according to their own specialties in some aspects, and after passing the examination, they will "directionally train" with their tutors. Mao Shi ‘an, a famous literary critic today, was a student of 1978 at that time. It was in this way that he became a "directional cultivation" student and was personally promoted by his teacher. At that time, some students had published some good novels or poems before entering the school, and they were very diligent in writing literary works after entering the school, such as Zhao Lihong and Sun Yong. According to this situation, Mr. Wang suggested that students who have made achievements in creation can use literary works instead of graduation thesis, which also contributed to the formation of "East China Normal University Writers Group". Because of my work, sometimes I go to my husband’s house, and every time I go, I always see a manuscript spread on his desk, either written by him or being judged by others. At that time, Mr. Wang was the editor-in-chief of three magazines, namely, Research on Literary Theory, Research on Ancient Literary Theory and Guidance on Chinese Self-study.He has worked hard for these magazines. In the early 1980s, Mr. Wang and President Kuang Yaming of Nanjing University jointly initiated the resumption of the course "College Chinese", which should leave a strong mark in the history of higher education in new China. The textbook College Chinese, edited by Mr. Wang, is a second edition, which is now the tenth edition, with a total print run of more than 20 million copies!

Figure | In the early 1990s, old alumni returned to school to participate in the celebration activities and took photos with the teachers in the front row. In the front row, Mr. Xu Zhongyu is the third from the right, Mr. Shi Cunzhi is the third from the left and Mr. Shi Zhecun is the fourth from the left.

In the early spring of 1995, entrusted by Qunyan magazine, I made an exclusive interview with Mr. Wang in his very simple living room and study. Mr. Wang talked about how he embarked on the literary road, the influence of Lao She, You Guoen, Tai Jingnong and Hong Shen on him on this road, his views on the literary situation at that time, and his experience in cultivating graduate students. This interview was later published in the 6 th issue of Qunyan in 1995. Through this interview, I have a better understanding of Mr. Wang, and feel that Mr. Wang’s mentality is mature without losing passion, heavy but still pure, and he is a person who is cold outside and hot inside, rigid outside and soft inside.

It’s a pity that Mr. Wang’s health has been in violation in recent years. I wish his old man a long life!

Mr. Qian Gurong, who does not compete with others.

Mr Qian Gurong (1919-2017) was also the winner of the 6th Shanghai Literature and Art Award and Lifetime Achievement Award. Mr. Wang was originally named Guo Rong, and Gu Rong was his pen name. When I first entered the Chinese Department of East China Normal University, Mr. Wang was criticized for publishing the article "On Literature as Human Studies" in 1957. Later, I heard that Xu Jie, Xu Zhongyu and Shi Zhecun had all been labeled as "Rightists". At that time, the main person in charge of Shanghai and Chairman Mao’s "good students" said that it would be boring to criticize all dead tigers in the future, so I had to keep two live tigers, so that my husband could escape, instead of being a "Rightist" and become a "fish escaping from the net". It was in the late 1950s and early 1960s that Mr. Wang gave us the course "Modern Literature in China". It’s been a long time, and I can’t remember the specific content of the lecture, but my husband’s style in class is still vivid. Every class, Mr. Wang always wears a suit and tie, a beret on his head and a suit coat, which makes him personable. It seems a little hot when talking, so I took off my coat while talking and put it on the back of the podium chair; Talking, it seems that it is a little hot again, so I take off the top of my suit again. This natural and unrestrained lens is fixed in my mind.

I got to know my husband after I stayed in school. After I stayed in school, Mr. Shi Cunzhi and Mr. Shi Cunzhi lived in the second village of Normal University. They were partners walking around Biluo Lake in changfeng park, and their personalities were similar. From Mr. Shi, I know that Mr. Shi is an outsider. In the early 1970s, my husband and I went to Dafeng May 7th Cadre School for education. On the rest day, Mr. Common sat on the dormitory bed or sat at the door of the dormitory with a small stool in his hand, reading "Shi Shuo Xin Yu". From this I know that my husband likes Shi Shuo Xin Yu very much. Two years ago, Mr. Wang distributed many of his books to the students, leaving only a few, but there were six different versions of Shi Shuo Xin Yu, which showed Mr. Wang’s love for this book! Mr. Wang said that the "Shi Shuo" is a paragraph, which is suitable for browsing at will. But judging from Mr. Wang’s personality, I feel that he actually loves the "Wei-Jin demeanor" that pursues the true self and is willful and comfortable. In 1987, I joined the NLD. Since 1988, I have served as the deputy director of the department, in charge of graduate work, and Mr. Li Ruifu has served as the head of the East China Normal University of the NLD, so I have more contact with Mr. Li. At that time, when recruiting graduate students, Mr. Wang asked for an essay in the entrance examination, which seemed not required by other professional tutors. To this end, I had a chat with my husband. He said: From the composition, we can see whether the student has "aura", and as for professional knowledge, it can be supplemented. My husband is very modest. Every time I go to my husband’s house, he always asks my aunt to make tea and take out sweets and cakes.When you leave, you must personally take me to the stairs and watch me go downstairs; Every time I talk to my husband on the phone, he always asks "Xiao Liu" (my wife’s surname is Liu).

In the mid-1990s, I was transferred from the Chinese Department, so I lost contact with my husband at work. But sometimes I went to his home. When I went, I saw him playing chess with his student Professor Yin Guoming on the balcony several times. Mr. Wang told me that his chess skill is not high, but he just likes it; And asked me if I would like to play with him. For one thing, I live off campus, and for another, my chess level is really poor, so I have never played chess with my husband!　

Photo | Spring Tea Party of East China Normal University Committee of NLD in January 1999. The first one on the left is the author, the second on the left is Mr. Qian Gurong, the third on the right is Mr. Xu Zhongyu, and the fourth on the right is Mr. Zhang Shengkun, then deputy director of the Standing Committee of Shanghai Municipal People’s Congress.

In 2015, I met Mr. Wang at the commemoration of the 35th anniversary of the graduation of the Chinese Department of East China Normal University Night University in 1980, and his style remained the same. I asked my husband, are you still going for a walk in changfeng park? He said that when the weather is fine, he still goes every afternoon, but instead of walking around Biluo Lake, he just sits by the lake for a while. I asked my husband, do you still play chess often? He said, not often. Mr. Wang asked me with a kind smile, is "Xiao Liu" okay?

In November 2016, Mr. Wang attended the Ninth National Writers’ Congress at the age of 98. After Mr. Wang returned to Shanghai, I went to visit him with "Xiao Liu" Mr. Wang is sitting on a cane chair alone, watching the opera program broadcast by CCTV Opera Channel. He has obviously lost a lot of weight, but he is still hale and hearty. During the conversation, he said that he was not the oldest in this generation meeting, and Ma Zhitu was older than himself, but Ma Lao did not attend the meeting. Mr. Wang also talked with us about the recent daily diet and daily life; Also talk about Yu Jiaxi’s Notes on Shi Shuo Xin Yu and Xu Zhen’s Annotations on Shi Shuo Xin Yu. Of course, he also told "Xiao Liu" many times that he had not seen him for a long time. When leaving, my husband insisted on sending us to the door!

On Teacher’s Day in 2017, I called my husband and wished him a happy holiday. From the phone, Mr. Wang’s Mandarin voice with a little soft voice of Wu Nong is still so soothing and full of gas. At the end of the call, my husband asked me to say hello to Xiao Liu again! After hanging up the phone, I conveyed Mr. Liu’s greetings, and we also discussed that after the National Day holiday, it would be a little cooler and we would invite Mr. Liu to have dinner together. We have had this wish for a long time, and we have discussed it with his student Professor Ni Wenjian, but it has never been realized. I wish we must fulfill this wish this fall anyway! Who knows, on September 28th, I received Wen Jian’s WeChat, telling my husband to drive the crane to the west! I can’t believe it! However, after verification, it is finally confirmed that Mr. Wang is really separated from us forever! Unexpectedly, a phone call on Teacher’s Day turned out to be a farewell! Our wish to eat together will never come true!　 　 　

On October 2, 2017, I saw Mr. Wang again in the lobby of Longhua funeral home. He was lying among the flowers, still wearing a beret on his head, and still looked kind, but we could never hear his beautiful words with a southern Jiangsu accent again!

During his lifetime, Mr. Wang often said that he was incompetent and lazy. In fact, in my opinion, this is a kind of "quietism" life style that Mr. Wang was deeply influenced by "Wei-Jin demeanor", and he can be at ease no matter what situation he is in. Mr. Wang once commented on his teacher, Wu Shuzhuo: "His natural and unrestrained manner, open-minded mind, indifferent to fame and fortune, and his arrogant appearance of disdaining to compete with others have made me infinitely fascinated." What I like about Mr. Qian is his "natural and unrestrained demeanor, open-minded mind, indifferent to fame and fortune, and disdainful of competing with others"!

Two Mr. Shi

At that time, there were two Mr. Shi in our Chinese Department, and their names were similar in pronunciation: Shi Zhecun (1905-2003) and Shi Cunzhi (1904-1994). One was engaged in literature and the other was engaged in language. I stayed in school to work, especially after the Cultural Revolution. People often ask me: How is Mr. Shi in your department? At first I thought I was asking Shi Cunzhi, but later I found out that many of them were asking Shi Zhecun, because both gentlemen were surnamed Shi!

Mr. Shi met me shortly after I entered school, and he was also my tutor after I stayed in school. Mr. Wang is Geng Jie, rigorous in his studies, poor in life and sincere in treating others. He joined the revolution in his early years and was legendary. I have been in contact with my husband for a long time, and he has a great influence on my study and life. I have written another short article about Mr. Shi, which was published in the third issue of Century in 2017, so I won’t say much here.

Mr. Shi is famous. However, I have never been in contact with Mr. Shi during my four years in college, and I have never been told by him. I only occasionally saw him in a corner of the reference room of the Chinese Department. He was hunched over sorting cards, sometimes with a pipe in his mouth. It gives me the feeling that he is not like a "foreign market villain" at all. Knowing that Mr Wang had translated the novel Under the Yoke by Bulgarian writer Ivan Vazov, he borrowed this book from the library to read. The real contact with Mr. Wang was after the beginning of the "Cultural Revolution". During the "Cultural Revolution", I also worked in the reference room for a while, and I began to have a "nodding acquaintance" with my husband. I gradually discovered that he could not only translate, but also write novels, and was proficient in classical literature and the study of inscriptions. He was a knowledgeable and humorous person. I also heard that Mr. Wang joined CY in his early years, that is, the Communist Youth League, and later left for some reason. After the Cultural Revolution, I lived in Taoyuan Square, Yuyuan Road, and my husband’s "Beishan Building" was above the post office next to Qishan Village, Yuyuan Road, not far apart. I always went to pay my respects to my husband during the New Year. Every time I go in through the back door of the post office, because the stairs are dark and my husband’s house is hit, many bookstores can’t put it down, so I have to pile it up at the corner of the stairs, so I have to be extra careful when going up the stairs. Mr. Wang’s room faces south, with a big desk by the window and a small bed on the north wall. Sometimes he sits at a desk full of books and newspapers in a nightgown with a cigar in his hand; Sometimes he leans against the small bed with a hair-pressing hat, holding a book in his hand, and the light on the shelf of the iron bed is still on. Mr. Wang is hard of hearing, so you must talk to him loudly.The topic of his conversation is all over the world. Once I talked about Zhang Ailing, there was a craze for Zhang Ailing at that time, and my husband thought that she was too high. Because I am not engaged in modern literature, and I have read very few novels, I have not been able to have a deep talk with my husband. On another occasion, Mr. Wang talked about Shikumen in Shanghai. He said that this kind of building is the best, and three generations live together happily! According to the students who have listened to Mr. Wang’s class, he never gave a lecture and didn’t follow the script. He gave a lecture on Biography of Xiang Yu for a class, and copied one of the vertical editions of Historical Records from three annotation books as a teaching material. During the lecture, he not only talked about the text, but also talked about the historical and cultural knowledge in the annotations, quoting classics and quoting extensively. After one semester, a biography of Xiang Yu was not finished, but the students benefited a lot. In 1993, Mr. Mi Shou won the Shanghai Outstanding Contribution Award for Literature and Art, but he said that this award should be awarded to young people, which means nothing to me.

Figure | Inscription on the book presented to the author by Mr. Zhao Shanzhi in 1986

The two Mr. Shi have different personalities, Mr. Shi is unsmiling and Mr. Shi is humorous, but I think they still have some similarities: they both participated in the revolution in their early years; People are honest and sincere; Everyone can be awarded the last place.

Everyone gathered in the teaching and research section of classical literature.

When I was studying, the teaching staff in the Classical Literature Department of East China Normal University was very strong, and there were many people who taught us.

It was Mr Cheng Junying (1901-1993) who taught The Book of Songs. Mr. Wang graduated from Beijing Women’s Normal College, was taught by Li Dazhao, Hu Shi, Huang Kan, etc. He participated in the May 4th Movement, and heard that he played the role of Liu Lanzhi in the drama Peacock Flying Southeast directed by Li Dazhao. When she was in Beijing Women’s Normal University, she and her classmates Lu Yin, Wang Shiying and Chen Dingxiu were called "Four Childes". In 1923, Lu Yin, a female writer, wrote the novel "Old Friends on the Seaside" with the theme of "Four Childes". Mr. Wang is not tall, fair-skinned, and his behavior shows the demeanor of a good family. In the pulpit, she read "Guan Guanluo dove, in the river continent, a gentle and graceful lady, a good gentleman" in a sweet voice, which left a very deep impression on us. Since the early 1960 s, she has served as the deputy director of the department, and she is very diligent in her work. She can often be seen bending over her desk in the office of the department head. For our young teachers, we are always considerate and caring for women. Mr. Wang is weak in appearance, but in fact he has a tenacity in his heart. During the Anti-Japanese War, she was in Shanghai and encouraged each other with her close friend Zheng Zhenduo and others to "maintain national integrity". At that time, in order to repay the medical expenses of treating the eldest son, I reluctantly sold the books such as Four Reserves in my family, and I would never do anything shameful. After the Anti-Japanese War, the wooing of Kuomintang dignitaries and the invitation of friends of the National Social Party to be officials were all ignored. In 1964, her husband, Professor Zhang Yaoxiang, a famous psychologist, died, and I went to the funeral home of Wan Guo to attend the memorial service. She had three daughters and two men, but both of them died before her. Even in this situation,Mr. Wang still works and lives tenaciously. She has made great achievements in the study of The Book of Songs, and her works published successively in her later years, such as Random Talk about The Book of Songs, Translation Notes of The Book of Songs, Selected Translation of The Book of Songs and Analysis of The Book of Songs, have been well received by academic circles. In the early 1990s, she also wrote the novel "Colorful Lost in England", as a sequel to "Old Friends by the Seaside", which wrote the legendary life of "Four Childes".

Xu Zhen Tuan (1901-1986) taught ancient poetry. Mr. Wang graduated from Nanjing Normal College and studied poetry and music from Wu Mei. I remember one night in a classroom in the Literature and History Building, when Mr. Wang told us a poem, his expression was very bleak and his tone was very cold. When he talked about the words "Peach blossoms after horses and snow before horses", he was doubly sad. This scene is unforgettable so far. Later, I learned that it was the day before that Mr. Wang’s only son died unexpectedly in Beijing! Although Mr. Wang teaches ancient literature, he is actually very interested in foreign literature. According to Mr. Wang, when he was studying at the university, his translation was praised by Wu Mi, who taught western literature at that time. Mr. Wang is fluent in English, French, German, Italian, Russian and Spanish, and is also proficient in Esperanto. In a lecture, Mr. Wang told us that he started learning Italian with an Italian version of Dante’s Divine Comedy and an Italian-English Dictionary. He told us that he had studied Japanese several times, but because of his resentment against Japanese aggression, he failed to learn it in the end. He told us his views on a famous translator’s translation of Madame Bovary by French writer Flaubert. He thought that the translator’s translation language was very fluent and easy to read, but his style was quite different from the original, and he translated the aristocratic language of the original into the language of the Tianqiao entertainer, and so on. Rumor has it that just after the "Cultural Revolution", the school had not arranged Mr. Wang’s work well. At that time, a department in Beijing suggested that if East China Normal University didn’t need this person, it was ready to transfer him to Beijing to work in Esperanto.Mr. Yin has translated and introduced a large number of China’s literary works to foreign countries in Esperanto, and also created some poems in Esperanto, which have spread abroad and are very influential internationally. Of course, the school still didn’t let Mr. Wang go north. In 1982, the Institute of Ancient Books Arrangement was established in Normal University, and Mr. Wang was the first director.

Mr. Zhao Shanzhi (1911-1988) also taught ancient literature. Mr. Wang graduated from Guanghua University. He taught us Fan Zhen’s Theory of Deity Extinction during the Qi and Liang Dynasties in the Southern Dynasties, read "the essence of form and the use of form" in soft Mandarin with Suzhou accent, and explained Fan Zhen’s atheistic thoughts to us. Before the Cultural Revolution, Mr. Wang was the dean of the department. At that time, he was always the first to appear in the office every morning and the last to leave the office after work. He is very concerned about the growth of young teachers, from time to time to listen to some young teachers’ lessons and make suggestions. During the difficult period in the early 1960s, some young teachers had a hard life. From time to time, he would greet several teachers to have lunch together in the canteen, as if inadvertently ordering more dishes to improve their food. Sometimes he would take out some fruits from his hand-held artificial leather bag and say that he couldn’t eat them, so he would give them to everyone. Mr. Wang is kind to young teachers, but he is very strict with himself. In difficult times, he felt that he was a Communist party member and should share the sorrow for the country, so he voluntarily paid the party dues 100 yuan every month, which was already a large amount at that time, accounting for almost half of his salary. Besides, Mr. Wang’s family burden was not light. His son died young due to illness, leaving his young grandchildren to live with him. After the Cultural Revolution, I once went to my husband’s house and accidentally talked about the book "Caigen Tan". He explained that this book by Hong Yingming was very interesting, but it was not well collated. I heard that the Japanese paid more attention to this book.They learned a lot of business management ideas from it. During that time, I was teaching Chinese to the Japanese Consul General in Shanghai. There was a word hanging in his office, which was written in Caigen Tan: "The wind came to disperse bamboo, and the wind passed without leaving a sound; The geese cross the cold pool, and the geese go to the pool without taking pictures. " I told the Consul General about the book Caigen Tan, and he said that many Japanese entrepreneurs really attached great importance to this book. Later, he helped me to bring several different versions of Caigen Tan from Japan. I took these books to my husband’s house. My husband talked with me about some ideas that I hope our school can collate and verify the book. Unfortunately, due to various reasons, I have not been able to finish what my husband told me. I am deeply ashamed!

A teacher who teaches teaching materials and methods

Normal students must learn to teach, so Chinese teaching materials and methods are compulsory courses. Mr. Ye Baifeng (1913-1986) taught us the teaching method of textbooks.

Mr. Ye is a descendant of Tongcheng, with a good family background. It is said that he studied poetry and calligraphy from Zheng Xiaoxu in his early years. He is of medium height and slightly thin. He had an operation because of lung disease, his left lung was removed and two ribs were removed, so his shoulders were a little high and his shoulders were low. He told us in class that a qualified middle school teacher must have three things: he can write a good blackboard writing, he can speak standard Mandarin, and he must have a hundred ancient poems in his stomach. Once, he told us about his teaching in a middle school before liberation: he stepped on the pulpit and put his speech on the platform. This day, he was going to talk about "Zheng Boke was in the middle of Zuo Zhuan". He wrote a topic on the blackboard with chalk, and when he turned around, he found that the speech on the table was actually missing! He knew this was a naughty student, weighing himself up, so he took his time, turned around again, and wrote on the blackboard with chalk, "At the beginning, Zheng Wugong married Yu Shen, saying Wu Jiang. Sheng Zhuang Gong and Gong Shu Duan. Zhuang Gong was born, surprised by his style, hence the name "Born". He wrote the whole article on the blackboard word for word, so the students took it orally and listened to it. Mr. Wang said that when you go to a restaurant, you don’t know the taste of the food just by looking at the menu without tasting it, so the teacher must "get into the water" and write it by himself. Mr. Wang instructed a young teacher to write in classical Chinese. The young teacher used the word "wholeheartedly" in his article, and Mr. Wang changed it to "all his heart" from the perspective of classical Chinese.

Some of the fragments mentioned above are just snow mud claws. What I feel happy in my life is that I can be kissed by many giants in college. In addition to the above-mentioned teachers, Wang Xiyan, a famous writer, told us about Lu Xun; Rui Liu, a disciple of Huang Kan, told us about ancient Chinese; Mr. Ding Mianzai and Mr. Lin Xiangmei, linguists, told us about modern Chinese; Mr. Wan Yunjun, a disciple of Wu Mei, a master of ci poetry, taught us about the pre-Qin prose; and Mr. Tan Weihan, a writer, taught us about the teaching methods of Chinese textbooks .. However, due to his ignorance, he was an intellectual.

The original title is "Recalling the Famous Teachers of the Chinese Department of East China Normal University" published in the second issue of Century magazine in 2019. Editor: Zhang Jie, new media internship editor: Zhong Kaiyue. This article is copyrighted by Century magazine. If you need to reprint it, please contact reflections@thepaper.cn, and the infringement will be investigated.

　　"The earth is the cradle of human beings, but human beings cannot live in the cradle forever." This is the heroic words of tsiolkovsky, the father of modern rockets. So far, man has landed on the moon and looked at his home from another perspective. However, one big step for mankind is not far enough. The inability to support transportation and the lack of dry food supplies have restricted human beings from leaving the "cradle", realizing interstellar travel and sailing, and looking for "relatives" who go to the earth.

　　Of course, all this has been realized in science fiction movies — — In a series of sci-fi movies such as Avatar in Interstellar, astronauts use the technology of "freezing dormancy" to reduce the metabolism of their bodies and realize long-distance interstellar travel with less supplies. Recently, NASA officially announced that it will fund SpaceWorks in Atlanta to develop a similar "suspended animation" technology to put astronauts into a short-term frozen sleep state during the long interstellar travel.

　　In real space missions, the supply needed by human astronauts will have a direct impact on mission execution. Obviously, putting astronauts into a short-term frozen sleep state will make space travel go further and more efficient. ● Wang Tengteng, a reporter from Nanfang Daily in Beijing, planned and coordinated Zhang Zhichao.

　　1. Freezing dormancy improves the efficiency of space travel.

　　According to reports, during the interplanetary voyage, the frozen dormancy cabin designed by SpaceWorks will make astronauts enter an inert and numb state, that is, a short-term frozen dormancy state. In this state, the physiological activities of astronauts are reduced, usually manifested in the decrease of body temperature and metabolic rate. This will greatly reduce the astronauts’ demand for external materials, and then greatly reduce the supplies they carry.

　　John Bradford, CEO of SpaceWorks, said that the "suspended animation" of human astronauts has always been regarded as the best solution for long-term space flight. According to the design scheme, the sleeping cabin of SpaceWorks is very small, located near the central node or crew cabin of the spacecraft, allowing astronauts to enter and exit directly. Brad Ford said: "We believe that 4-mdash; The supply demand of six astronauts can be reduced to 5-mdash; 7 tons, not the current 20-mdash; 50 tons. The space required for the astronaut habitat is about 20 square meters, while most current designs require 200 square meters. "

　　When the astronauts are in a frozen hibernation state, they will be covered with various sensors, so that other awake astronauts can monitor their status at any time. Astronauts will get the nutrients needed to maintain human body function through total parenteral nutrition intravenous injection, which can be excreted with urine. Astronauts will sleep for 14 days under the low temperature induced by this drug, and then wake up for 2-mdash; Three-day shift change to meet the dormancy needs of other astronauts.

　　2. Cooling process or damage to cells

　　It can be seen that astronauts’ freezing and dormancy can maximize the space and load utilization of spacecraft. The key is to reduce the consumption of astronauts during flight, that is, to minimize the metabolic rate of the human body.

　　There is no doubt that low temperature can reduce the metabolic rate of living things. Animals such as frogs and snakes all hibernate to reduce their metabolic rate. However, it is worth noting that the freezing dormancy of astronauts is not the same as the "human freezing" technology used by Du Hong, a female writer in Chongqing, China. The first problem to be solved in astronaut’s freezing and dormancy technology is the damage caused by low temperature to astronauts’ life.

　　Technically, human freezing dormancy refers to freezing human to -196℃ in a very short time, stopping cell activity and prolonging human life cycle indefinitely. Theoretically, freezing dormancy can be done. But at present, from the technical point of view, human beings can’t freeze and sleep and wake them up. The main problem is that when the body temperature drops to -5℃, the water in the cells will freeze and form ice crystals. These ice crystals can penetrate the cell membrane and cause serious tissue damage. In other words, people who sleep through freezing will not be able to wake up again.

　　The mechanism of long-term preservation of cells at low temperature is that the metabolism of cells slows down rapidly at low temperature. The lower the storage temperature, the slower the metabolism and the longer the storage time. For example, the blood in the blood center is often stored at -5℃, and the storage time is generally one month. Of course, if the damage to cells caused by low temperature is not considered, the blood should be preserved for a longer time if it is stored at -196℃.

　　But cryopreservation itself can also kill cells and damage tissues. The SpaceWorks funded by NASA has not announced how to deal with these risks, but we might as well take a look at these risks and the current research on how to deal with them. These risks include both chemical damage and physical damage.

　　The main culprit of chemical damage is the oxygen we live on. Needless to say, the importance of oxygen, but its other side is to destroy the essence of life molecules through oxidative decomposition. Especially when cells actively use oxygen, they will generate a large number of free radicals which are more active than molecular oxygen. Under normal circumstances, cells use a series of enzymes to directly or indirectly combat the damage caused by oxygen and its free radicals. However, with the decrease of temperature, although the speed of destruction also decreases, the resistance ability accelerated by enzyme catalysis will also decrease sharply with the drastic decrease of enzyme activity, and the originally balanced chemical reaction will eventually fall to the destructive side. This cannot be ignored.

　　The second is physical damage, which mainly refers to the damage to cells caused by liquid freezing at extremely low temperature. According to the research of Liqun He, a professor at the Institute of Cryobiology, University of Science and Technology of China, the only way to achieve freezing dormancy is to treat each cell at low temperature. In practical application, the first step of cryopreservation of cells is to add cryoprotectant (CPA) to cells and then cool them safely. It is worth noting that the temperature is not low enough to meet the requirements of freezing dormancy, but -15℃— The low temperature process of -60℃ is fatal to cells.

　　3. The cooling process is difficult to operate.

　　Adding solute to water will lower the freezing point of water. Generally speaking, the higher the solute concentration, the lower the freezing point, so the first step of successful cryopreservation is to add appropriate CPA, and high concentration solute has osmotic damage to cells, so it should be appropriate. Since 50 years ago, a British research group accidentally discovered that glycerol is an effective cryoprotectant for sperm and red blood cells, although new CPAs, such as ethylene glycol, methanol, propylene glycol and dimethyl sulfoxide, are constantly emerging, and some of them are more effective, glycerol is still one of the effective CPAs.

　　According to Liqun He and others, the experiment shows that after adding CPA, the cells are dehydrated first, and the volume begins to shrink, then CPA infiltrates and the volume expands. If the concentration of CPA is too high, its volume will shrink excessively and even exceed the tolerance limit of cells, resulting in damage.

　　During the cooling process, when the temperature drops to about -5℃, the cells and transmitters around them are not frozen, and they are all in a supercooled state, at -5℃— Between -15℃, the extracellular solution begins to freeze. If it is assumed that the cell membrane prevents the ice crystals from growing into the cell, the cell is still in a supercooled state without freezing. At this time, the chemical potential of water inside the cell increases, water begins to seep out of the cell, and then freezes outside the cell, and then the reaction of the cell depends on the cooling rate. Liqun He said that if the cooling is too fast, the cells will not have enough time to maintain the osmotic pressure balance of the internal and external solutions by oozing water, so that the intracellular solutions will be too cold, and eventually the cells will start to freeze.

　　Generally speaking, cooling too fast or too slow can kill cells. At the slow cooling rate, the low-temperature damage comes from the "solution effect", which leads to severe dehydration of cells. Under rapid cooling, the low temperature damage is caused by deadly intracellular ice. For a specific cell, there must be an optimal cooling rate with the highest cell recovery rate. The cooling rate is slow enough to prevent intracellular ice and fast enough to minimize the "solution effect".

　　According to reports, in addition to the above method, there is also a cooling method to make the cytoplasm glassy at present. Using ultra-fast cooling (> 106℃/min) or using high concentration CPA, the cytoplasm will form glassy state instead of intracellular ice. However, ultra-fast cooling is technically difficult. Several CPAs that can effectively improve the cooling damage in slow cooling can also be used to promote vitrification, but the required concentration is too high and it is too toxic to cells and tissues.

　　It should be noted that the cooling rate is too high or too low relative to the water permeability of cell membrane and related to the type of cells. Different cells have different permeability to water, which leads to different optimal cooling rates for different cells. Think about it carefully, the human body is composed of countless cells, and there are many differences between brain cells and liver cells. It is very difficult to target these cells with drugs, and it needs precise control. If you don’t pay attention, you can cause irreversible damage to cells. Compared with the current difficulty of oocyte cryopreservation, sperm or blood, it is almost impossible to accurately cool different cells.

　　Whether you can wake up is the key.

　　However, it is more difficult than accurately cooling different cells to reheat them. If astronauts can’t wake up from hibernation, what’s the point of freezing hibernation? How to rewarming cells safely is the "last mile" and the key point of freezing dormancy technology.

　　As mentioned above, in the process of injecting CPA into cells to cool down, cells are easily damaged. Similarly, in the process of rewarming, CPA must be pulled out of the cell, which is also full of danger. If the CPA is excessively diluted when it is taken out, the cells will absorb too much water and expand beyond the allowable upper limit, which will also cause cell damage.

　　Liqun He said that whether the rewarming process poses a threat to the survival of cells depends first on whether the previous cooling process induces intracellular ice or cell dehydration. If there is intracellular ice, rapid rewarming can prevent ice crystals from growing and destroying cells. However, even if there is no intracellular ice formation during slow cooling, the response of cells to rewarming rate depends on freezing conditions and cell types.

　　Moreover, it is also a big problem whether the body of the astronauts after waking up will be negatively affected. When the human muscles are in a static state for a long time, their functions will inevitably deteriorate to some extent. Although the similar "suspended animation" technology developed by SpaceWorks only allows the astronauts to sleep for 14 days, I believe everyone who has experienced it knows what it feels like to lie in bed for half a month.

　　This edition of pictures: information pictures

More and more people talk about "emo" and often feel "I’m decadent", "I’m depressed", "I’m stupid" and "I’m unhappy" … You know, bad mood can really cause physical discomfort. Burnout is not just an adjective, psychological problems may indeed lead to heart disease. So, what psychological conditions will lead to heart disease and sudden death? How to avoid heart disease caused by psychological problems? Liu Meiyan, director of anzhen hospital Intracardiac Double Heart Medical Center, explained this.

"Broken heart" can really cause heart disease.

I talked about a vigorous love and suddenly fell out of love. Within the next two weeks, a serious heart attack occurred. In anzhen hospital, about 100 cases of young people suffering from heart attacks are treated every year.

This "heartbreak syndrome" is also called stress heart injury in medicine.

In fact, heart disease caused by heartbreak is very common in clinic. Liu Meiyan once attended the golden wedding celebration of an elderly patient, but a few years later, one of the couple died and the other died within the next 48 hours. "After an old man is acute heart failure. This is also a very important case of heartbreak syndrome or stress heart disease. " Liu Meiyan said, "When you are angry and anxious, you will feel uncomfortable in your heart. This situation should also be especially careful. Psychological stress myocardial ischemia may have occurred."

Psychological stress myocardial ischemia means that some myocardium suddenly stops working normally, which leads to poor pumping of blood. At this time, there is no blockage of blood vessels. "But we must not relax our vigilance against this kind of myocardial ischemia, because it means that in the near future, myocardial infarction may suddenly occur." Liu Meiyan said that myocardial infarction means that a certain blood supply artery of the heart is blocked, which leads to the serious situation of ischemia and hypoxia and even necrosis of some myocardial cells.

"Mental stress and negative emotions may also bring a series of other heart problems, such as sudden atrial fibrillation, arrhythmia, heart failure and so on." For example, after the COVID-19 epidemic, Liu Meiyan and her team clearly saw that many people were anxious and restless. Specific performance in the biological indicators, that is, blood pressure fluctuations back and forth.

"In the past, a antihypertensive drug, now one and a half or two tablets don’t work. In the past, a medicine that took care of the heart always hurts." This is also a heart disease caused by emotional stress.

Why do stress and emotions cause heart problems? Liu Meiyan explained that as early as 2000 years ago, during the Spring and Autumn Period and the Warring States Period, the theory of "seven emotions causing diseases" was put forward in the medical masterpiece Huangdi Neijing. It is mentioned in the book that the seven emotions of joy, anger, worry, thinking, sadness, fear and shock are too strong or persistent, which exceeds the physiological and psychological adaptability of the human body, and may lead to disorder of viscera and qi, disorder of qi and blood operation, and eventually induce diseases.

"When a person is in an unstable and irritable emotional state for a long time, his heart will be difficult to calm down." Liu Meiyan explained, "For example, some elderly people tend to think about things at home every day. The child waited at the door ten minutes before coming home from work, and came back later, with all kinds of messy pictures in his head. This restless heart is like a calm water surface, and all the impressions in my heart are often distorted, which actually means changes in neuroendocrine. "

According to the data of China Cardiovascular Health and Disease Report in recent years, the incidence of cardiovascular disease in China has been increasing continuously, and cardiovascular disease ranks first in the cause of death among Chinese residents. The main risk factors of cardiovascular disease are hypertension, hyperlipidemia, obesity, smoking and other biological factors, but the influence of psychological factors on cardiovascular disease should not be underestimated.

During the period of major events and natural disasters, there is indeed a high incidence of cardiovascular events. During the 2006 World Cup in Germany, a team of emergency doctors in Germany recorded the incidence of acute cardiovascular events in Munich during the World Cup in Germany. The results show that the incidence of acute cardiovascular events is 2.66 times higher than that of the same period in previous years on the day of the German team competition, and the most common occurrence time is 2 hours after the start of the competition.

In today’s fast-paced society, everyone needs to face many pressures in life and work, and it is inevitable that negative emotions will come to mind. Therefore, we must not underestimate the threat of negative emotions to health.

"From the imaging point of view, when the human body is at rest, the magnetic resonance imaging of the heart is normal; Once angry, there will be extensive ischemia in the myocardium, and the concept of blood supply and wall motion will change. We call it emergency ischemia. " Liu Meiyan said, "It is destructive in that it directly destroys the link between the nerve and the heart."

Psychocardiac medical evaluation can help early prevention and early treatment.

"I will have a heart attack? Will you die suddenly? What are the symptoms of heart disease? What should I do when I have an attack? How to avoid emergencies leading to illness? " When you understand the relationship between negative emotions and heart disease, you may ask these questions at the first time.

Liu Meiyan said that at present, it is medically possible to evaluate who is prone to heart disease, who is prone to injury and who is prone to atrial fibrillation. This assessment is divided into biological indicators and psychological indicators, which together are called "double heart" and psychological heart disease.

"In fact, we can make an effective judgment from ECG and a clear judgment from imaging." Liu Meiyan said.

For example, let the patient do exercise treadmill test and check his myocardial nuclide, that is, inject radioactive elements. These radioactive elements are quickly absorbed by normal myocardial cells, and the heart is stable at rest, so the distribution of radioactive elements is uniform. However, once he exercises, the cardiac image will show an uneven state, which means myocardial ischemia. Such people should be especially careful when they are active. If they run continuously, acute myocardial infarction will easily occur.

Some people, mental stress will lead to myocardial ischemia, monitoring them will find that using their brains and thinking about something continuously will lead to myocardial ischemia.

"This can explain why some people are not afraid to work, but they can’t get angry. When they get angry, they get sick. Some people say that as long as they don’t let me work, I can stand the injustice. This is because the biological inhibition in each human body is different. "

Because of this, it is very important to deal with it scientifically according to different situations. "We will do scientific treatment according to the different situations of patients. Based on multiple biological indicators in the blood, we can make systematic judgments, establish early contacts, and make timely treatment and adjustment. "

In fact, with the development of science and technology, "small flaws" in the heart can already be found at a very early stage.

Liu Meiyan once met such a patient in clinic. "One day he came to tell me, Dr. Liu, I think I am dying. I have chest pain when I am anxious. I have been hospitalized for 4 months before, and I can’t find out where the problem is!" Liu Mei Yan recalled. For this patient, Liu Meiyan’s team adopted the most advanced optical fiber imaging technology, and put a probe into the heart along with the blood flow, and into the grade 5 blood vessels to see the blood supply of the patient’s whole heart.

Under the probe, Liu Meiyan saw that the patient’s coronary artery was still intact, but surprisingly, the inner wall of his blood vessel had broken. "When we saw this fracture, we knew it was very dangerous. This is a’ time bomb’ in his body." Liu Meiyan explained that if such a fracture forms a cavity that runs through the blood vessel with the muscle crack, it will form a vascular interlayer. If it collapses, an acute thrombus will occur and block the blood vessel. This is acute myocardial infarction.

"This man is very dangerous." Liu Meiyan said, but because it was discovered early, the treatment method was not complicated. "We put it in with a small covered stent, flattened the crack, and he recovered with some medicine. After three days, he was fine when he was discharged from the hospital. It is very good now."

Therefore, for heart diseases, the key early judgment can help early identification and early treatment.

At present, from the perspective of modern medicine, "it is a very primary stage to judge whether it is a heart disease simply by relying on whether the blood vessel is blocked or not and whether there is any problem with the electrocardiogram." Liu Meiyan said, "We hope that we can go from basic imaging and histological indicators to molecular studies, and we can find the changes of biological damage at the earliest stage, because only in the early stage can we gain time to avoid subsequent vascular occlusion and subsequent heart failure, or to avoid subsequent malignant arrhythmia or even sudden death."

Avoiding emotional "earthquake" is an effective "vaccination"

So, can the heart problems caused by this psychological situation be effectively avoided?

Liu Meiyan explained that there are individual differences in the ability to withstand stress attacks, and not everyone will cause heart disease due to emotional changes. "Some people are particularly capable of carrying things, and their basic level of regulating neurotransmitters is very strong. Some people are particularly anxious, and they love to compete with each other in big and small matters. The result of the competition is to destroy the balance of neurotransmitters. So when the stress strikes, it may not work at once. "

Liu Meiyan and her team found in long-term research that people with relatively stable mental state will have a much better prognosis if they suffer from the same heart disease. The more depressed, anxious and insomnia people are, the greater the risk of heart disease and the probability of poor prognosis after heart disease.

For this reason, if we can pay attention to stress and a person’s internal emotional load, we can prevent and control this myocardial ischemia related to psychological emergency in advance, or it is called myocardial ischemia caused by mental stress.

"From our professional point of view, the heart damage caused by these stresses can be predicted and prevented clinically." Liu Meiyan said: "The first thing to prevent heart emergencies is to avoid too much emotional stress."

Moreover, to avoid this kind of premature or unexpected cardiac emergency, we should start by paying attention to the real stress level and the real emotional load. "Some people say that I can pretend not to worry, but this does not mean that your internal control system is normal. When you look calm and calm, but your heart is full of things, measuring your blood pressure and going up, the measured heartbeat is accelerated, which may indicate the problem of endogenous myocardial ischemia. " Liu Meiyan added.

In fact, although more and more people realize that it is very important to avoid mental health and reduce emotional stress for preventing heart disease, in general, this is still a shortcoming in China.

In recent two years, Liu Meiyan made a special survey on the physical and mental health of scientific and technological workers. The results showed that among Chinese scientists, the new incidence of coronary heart disease was over 35% and the incidence of hypertension was 56%. "Even among young scientists, there are more than 35% patients with hypertension." Liu Meiyan said, in fact, this is a very important data, which shows that even in the group with higher education level, the importance from psychology to heart, from sleep to nutrition has not attracted enough attention.

"Hypertension and a series of injuries caused by psychological problems, as a fuse, will detonate a person’s systemic risk. Therefore, we should pay attention to the early warning of heart disease." Liu Meiyan said.

"With the development of society and science and technology to the present level, through the calculation of genes and other test indicators, if a person does not have a heart attack, if there is no tumor, it is no problem to live to 120 years old. Then why don’t many people live? It may be that the following aspects have been neglected. "

Liu Meiyan said that although there are some old tunes, I still hope that everyone can pay more attention to them.

She suggested that everyone should first pay attention to their own biological hard indicators, especially if people are over 50 years old, whether their cholesterol and low-density lipoprotein are below 2.6, whether their blood pressure is below 130/80, and whether their fasting blood sugar is below 6.0. Secondly, 30 minutes of exercise every day, even if you sweat slightly, can play a role. Furthermore, it is also important to ensure that the food is rich in colors and every color is ingested every day, so as to reach the standard of a balanced diet.

She particularly emphasized that emotional "earthquakes" should be avoided. To avoid stress injury caused by mental stress, it is best to keep inner peace deliberately, so as to protect your own regulatory system and nerve transport system. Stable good mood and good attitude towards life are an effective "vaccination" for cardiovascular disease.

"The most expensive thing is not housing, not eating, not transportation, but health." Liu Meiyan said, "Once a person loses his health, he can only lie in a hospital bed and look at the ceiling, which is extremely painful. The most precious thing in life is health, for individuals, for families, and for our country. " (Zhan Yuan)

On August 18th, the website of the State Administration of Market Supervision published a batch of vehicle recall information, involving Volvo, Ford and other brands.

01

Safety belts are at risk of failure,

Volvo recalled about 244,800 cars.

Volvo Car Sales (Shanghai) Co., Ltd. and Zhejiang Haoqing Automobile Manufacturing Co., Ltd. decided to recall the following imported and domestic Volvo cars from January 18, 2021, totaling 244,800 vehicles.

(1) Volvo Car Sales (Shanghai) Co., Ltd. (102,070 vehicles in total)

From February 7, 2006 to April 8, 2016, there were 15 S80 cars of 2007-2016;

S80L vehicles of 2009-2015 produced from August 13th, 2009 to November 21st, 2015, totaling 41,684 vehicles;

A total of 33,488 S60 cars of 2011-2018 were produced from May 21, 2010 to August 14, 2018;

From March 14th, 2007 to April 27th, 2016, there were 2 V70 cars of 2008-2016;

From June 22, 2010 to August 27, 2018, a total of 25,594 V60 cars were produced in 2011-2018;

From March 18th, 2008 to April 22nd, 2016, there were 318 XC60 cars of 2009-2016.

From December 4, 2014 to August 21, 2018, a total of 969 V60CC vehicles of 2015-2018 were produced.

(II) Zhejiang Haoqing Automobile Manufacturing Co., Ltd. (142,730 vehicles in total)

From December 13th, 2013 to December 23rd, 2019, a total of 142,730 S60L vehicles of 2014-2020 were produced.

For some vehicles within the scope of this recall, due to design reasons, if the seat belt fixing cable installed outside the front seat is in a specific position, the driver and the front passenger may cause the seat belt fixing cable to bend repeatedly and exceed the yield strength of the cable, resulting in the cable stretching, and long-term fatigue and wear may lead to the cable breaking. When a vehicle collides, it may affect the seat belt restraint function, and in extreme cases, the seat belt restraint function may fail, which increases the risk of personal injury in the accident and has potential safety hazards.

Volvo Car Sales (Shanghai) Co., Ltd. and Zhejiang Haoqing Automobile Manufacturing Co., Ltd. will replace the improved front seat outer seat belt fasteners for vehicles within the recall range free of charge to eliminate safety hazards.

In addition, official website, the State Administration of Market Supervision, showed that before the vehicle is recalled for maintenance, it is suggested that the driver and the front passenger should ensure that the seat belt fixing piece is vertical when entering the vehicle, which is consistent with the direction of the seat back, so that the seat belt fixing piece will not bend to the seat cushion when the driver and the front passenger sit in the seat, and the seat belt fixing piece can be prevented from being damaged.

02

Ford recalls some imported Lincoln cars;

Seat airbag may not work properly.

Ford Motor (China) Co., Ltd. filed a recall plan with the State Administration of Market Supervision according to the requirements of the Regulations on the Management of Defective Automobile Product Recall and the Measures for the Implementation of the Regulations on the Management of Defective Automobile Product Recall.

It is decided to recall some imported Lincoln MKX cars from May 28, 2015 to July 30, 2018 from August 21, 2020, totaling 10,649 vehicles; And some imported Lincoln Navigator cars produced from September 27, 2018 to September 30, 2019 in 2019-2020, totaling 4,010.

For some vehicles within the scope of this recall, due to the narrow gap between the front seat harness and the seat pan frame, when the seat pan angle adjustment function is used, the edge of the seat pan frame may interfere with the seat harness, which may lead to the wear of the seat harness in extreme cases, which may cause the front seat airbag system to fail to work normally and pose a safety hazard.

Ford Motor (China) Co., Ltd. will entrust Lincoln authorized dealers to install flocking tape on the exposed edge of the front seat basin frame for vehicles within the recall scope free of charge, and at the same time, check the seat harness and repair or replace it as necessary to eliminate potential safety hazards.

Source: China Economic Weekly

Original title: "@ Jiading Owner, Volvo and Ford Recall 250,000 Cars! 》

Read the original text

() The business review of the Board of Directors in 2021 is as follows:

　　I. Industry situation of the company during the reporting period

　　(A) the macro environment facing the industry

　　2021 is the first year of the 14th Five-Year Plan, and the macro environment continues to change. China’s economy continues to repair in the context of the epidemic, GDP is growing steadily, and the economy is developing to high quality; Medical reform policies are frequent, and the state has implemented the healthy China strategy in depth to promote the balanced distribution of high-quality medical resources; The process of population aging has gradually accelerated, and the "three-child" policy has been fully liberalized, which has increased the market demand for health industry and the old-age service industry that combines medical care and health care, and the demand for children’s medication. With the release of the Outline of Guangdong-Hong Kong-Macao Greater Bay Area’s Development Plan, a number of policies have provided new dividends for Greater Bay Area’s medical and health construction.

　　(two) the basic situation, development stage and cyclical characteristics of the industry.

　　In 2021, the scale of the pharmaceutical market continued to grow, the linkage reform of "three medicines" continued to deepen, and the policies of the pharmaceutical industry were intensively introduced, which ushered in greater challenges and opportunities for the pharmaceutical industry.

　　1. Development of medical terminal market

　　In 2021, the growth of the medical terminal market picked up, but the development of the medical terminal market continued to be under pressure due to factors such as the multi-point spread of the epidemic and the accelerated promotion of centralized procurement.

　　PDB (data released by China Pharmaceutical Industry Information Center) Statistics of domestic sample hospital market show that the market size of sample hospitals rose by 10.24% in the first three quarters of 2021 compared with the same period in 2020. However, due to the low base in 2020, the growth rate of hospital market continued to slow down due to factors such as epidemic situation and centralized procurement, and only increased by 1.86% in the third quarter of 2021 compared with the second quarter. The annual hospital market sales in 2021 remained the same as that in 2011.

　　Zhongkang CMH retail data shows that in the first three quarters of 2021, the sales scale of retail pharmacies nationwide increased by 3.0%. In the second half of 2021, due to the repeated epidemic situation in some parts of China, the prevention and control measures of epidemic situation in retail pharmacies in some areas became stricter, the drugs related to the epidemic situation were banned, and some patients returned to hospitals and primary medical institutions under the influence of centralized procurement by medical institutions, and the passenger flow in retail pharmacies was challenged, with an increase of only 0.3% in the third quarter.

　　2, the pharmaceutical industry policy and influence

　　In 2021, the pharmaceutical industry policies were introduced intensively, and the linkage reform of "three doctors" continued to deepen. In medicine, it mainly involves many policies such as drug registration and approval, raw materials, drug patents, drug vigilance, development of traditional Chinese medicine and formula granules; In terms of medical insurance, there are mainly policies such as purchasing with quantity, adjusting and negotiating medical insurance catalogue, dual-channel medical insurance, DRG/DIP payment method, and medical insurance for urban and rural residents. Medical treatment mainly includes long-term prescription, public hospital reform, graded diagnosis and treatment, medical and health service reform and popularization of Sanming medical reform experience.

　　(1) The normalization and institutionalization of quantity procurement and the gradual expansion of its coverage have a great impact on the pharmaceutical industry.

　　The centralized drug collection organized by the state has been carried out in 6 batches, and a total of 234 kinds of drugs have been purchased. The market amount involved accounts for about 30% of the purchase amount of chemical drugs and biological drugs in public medical institutions. In 2021, the special procurement of insulin was carried out, and the centralized collection was expanded from chemical drugs to biological drugs for the first time. The collection of high-value medical consumables focuses on cardiology and orthopedics, two areas that the masses are most concerned about. The centralized procurement of cardiac stents has been running smoothly for one year, and the total number of selected stents is 1.69 million, which is nearly 1.6 times of the annual agreed procurement. In 2021, the state organized the collection of artificial joints for more complex orthopedic consumables, which further expanded the coverage of the reform.

　　The influence of quantity procurement on pharmaceutical business: the decline of sales revenue and gross profit margin has a great impact on the income growth and profit space of commercial companies; With the increase of distribution cost, the distribution frequency of centralized procurement products is often higher, especially in the newly opened primary medical institutions, which presents the phenomenon of small single purchase volume and high distribution frequency, which obviously increases the distribution cost; The gap between pharmaceutical commercial enterprises is widening, and the variety of centralized procurement is increasing, which also brings challenges and opportunities to commercial enterprises: due to factors such as scale, collectivization, informationization and capital chain, weak commercial enterprises can no longer support and bear the burden of purchasing with quantity. Large pharmaceutical commercial enterprises have a large variety of reserves, strong financial strength, fast delivery capacity, and a wide range of hospital customers, which provide convenient conditions for enterprises. Although the gross profit of overall distribution has declined, the industry position has been further consolidated due to the scale effect of purchasing with quantity, which can digest some costs.

　　The influence of quantity procurement on pharmaceutical retail: the winning varieties were shortlisted for price reduction, and the prices of pharmacy operating varieties were upside down, facing the pressure of price reduction. Even if you participate in centralized purchasing and solve channel problems, you still face price pressure; Monomer pharmacies lose their competitive advantage under the trend of centralized purchasing, accelerate the merger and acquisition of pharmacies, and further improve the chain rate of pharmacies; Accelerate the online layout, reduce the price of drugs, increase the operating cost of pharmacies, and gradually develop online business in pharmacies.

　　(2) Promote graded diagnosis and treatment and the construction of medical associations, and gradually open the grassroots market.

　　On November 4, 2021, the National Health and Wellness Commission issued the Work Plan for Improving the Comprehensive Capacity of County Hospitals under the "Thousand Counties Project" (2021-2025), aiming at meeting the medical service needs of the people in the county, consolidating and expanding the achievements of poverty alleviation and effectively connecting with rural revitalization, accelerating the improvement of the graded diagnosis and treatment system, and pushing county hospitals into a new stage of high-quality development. Through five years’ efforts, at least 1000 county hospitals in China will reach the level of medical service capacity of tertiary hospitals, laying a solid foundation for solving common diseases in cities and counties.

　　On November 22, 2021, the General Office of the National Health and Wellness Commission issued the Notice on Promoting the Experience of Classified Diagnosis and Treatment and the Construction of Medical Consortium in Sanming City, and put forward eight key tasks to promote the graded diagnosis and treatment and the construction of medical consortia with the goal of building a pattern of primary diagnosis, two-way referral, rapid and slow division and treatment, and linkage up and down, with the focus on promoting the high-quality development of public hospitals.

　　Graded diagnosis and treatment and the construction of medical associations have pushed the joint procurement of hospitals and the control of medical insurance fees to the ground. First of all, unify the catalogue, and the general minimum threshold for drugs to enter the catalogue will be price; Expanding the promotion coverage and entering the medical association procurement catalogue means that the products have entered many hospitals within the medical association, and the crowd tactics that every hospital used to run in the past are expected to reduce costs. Secondly, unified distribution, the initiative of medical institutions to upstream distribution businesses and pharmaceutical companies has been greatly improved. Whether it is secondary bargaining, distribution or payment, the trend of medical institutions suppressing upstream and downstream industries and businesses is even more difficult to reverse. Finally, on the basis of purchasing with quantity, linking quantity with price, reducing price with quantity and centralized purchasing, all medical associations further bargain with quantity to form a second bargaining.

　　(3) "dual channels" help negotiate the landing of drugs, which is beneficial to the development of retail business.

　　The dual-channel policy accelerates the circulation of prescriptions and the separation of medicines, and transfers part of the functions of the original in-hospital management of medicines to the outside of the hospital, so as to ensure that the compliance institutions in and outside the hospital enjoy equal medical insurance payment rules; Relevant national conferences also show that the supervision of medical insurance funds will be strengthened with the prescription circulation center as the core. In the future, under the background of higher and higher requirements for policy guidance, compliance and professionalism, the competitiveness of leading pharmaceutical enterprises will be strengthened and the industry concentration will be further enhanced.

　　

　　II. Main businesses of the Company during the reporting period

　　(1) The company’s main business includes pharmaceutical distribution and retail, as follows:

　　1. In the field of pharmaceutical distribution, it is mainly based on Guangdong and Guangxi, and the scale of pharmaceutical distribution business in Guangdong and Guangxi is leading.

　　As of December 31, 2021, there were 1092 secondary and tertiary medical institutions; 7870 primary medical clients; There are 6,414 retail terminal customers (chain pharmacies, single stores and self-funded pharmacies in hospitals). Sinopharm consistently distributes Guangdong and Guangxi regional market segments, including drug distribution and equipment consumables, retail direct sales and retail diagnosis and treatment, drug and machinery linkage, retail development, and the whole business keeps a relatively leading position in the industry; Innovate business, constantly explore new customer cooperation modes, and become a medical supply chain management solution and service provider; Improve domestic logistics planning and construction, provide third-party logistics professional services, and build leading logistics and supply chain service capabilities. By continuously integrating the distribution and logistics business, deeply penetrating the terminal market, perfecting the ladder distribution network, and building an intelligent supply chain, we are committed to becoming the provider of medical and health products and services with the strongest influence, the highest share, the most complete variety, the best service and the fastest delivery in China Southern District.

　　2. In the field of pharmaceutical retail, Guoda Pharmacy under the company is a leading pharmaceutical retail enterprise in China.

　　By the end of 2021, Guoda Pharmacy had 8,798 stores in 20 provinces, autonomous regions and municipalities directly under the Central Government, forming a pharmacy network covering coastal urban agglomerations in East China, North China and South China, and gradually spreading into the northwest, Central Plains and inland urban agglomerations, with a sales scale of over 22 billion, keeping the sales scale ahead of the industry; Guoda’s pharmacy business mainly relies on social retail pharmacies, and pays attention to developing a professional service system with medical resources as its core competitiveness, and creates a number of retail clinics and hospitals that integrate medical services and health product sales. At the same time, Guoda Pharmacy actively expands innovative business, actively explores and enriches new business channels, enhances professional service capabilities, and is committed to the transformation from traditional pharmaceutical retail enterprises to innovative service-oriented enterprises. Guoda Pharmacy promotes the cooperation between key brands and suppliers to tap the potential, speeds up the establishment and improvement of DTP business and continues the health service system, and builds the industry-leading professional service capability through regular retail management.

　　(2) Business model

　　1. Distribution business

　　(1) Procurement mode

　　The company has established a "foreground-background" division of labor and cooperation procurement mechanism, which effectively reduces the procurement cost. The "front desk" is the purchasing department, which, according to business requirements, looks for the source of goods, establishes the first variety, and conducts price comparison and business negotiations on product quality requirements, supply cycle, supply price and payment cycle. Effectively manage suppliers, including supplier qualification, service quality, integrity, etc., establish supplier files and organize supplier evaluation. The "background" is the supply chain department, which is responsible for integrating the resources of supply chain links, grasping the supply chain information as a whole, realizing professional division of labor, promoting integrated management, creating an integrated service background, assisting the "front desk" business front line and making daily purchase contract orders.

　　(2) Sales model

　　In terms of sales model, the company carried out transformation and innovation according to the strategy of "one body and two wings" in the distribution sector.

　　For the traditional business, the distribution implements the business model of "network sinking" in the southern district of China, which is the main channel supplier of drugs in Guangdong and Guangxi, and realizes the full coverage of the national drug market. At the same time, we will create special businesses such as equipment, medical beauty, medical care, Chinese herbal pieces, and import, and vigorously expand the terminal markets such as primary medical institutions and private hospitals to improve product supply guarantee and grassroots network coverage.

　　The retail direct selling business undertakes the company’s strategy of "integration of wholesale and retail", promotes the layout of retail terminals nationwide, and is based on the distribution network of top 100+professional DTP pharmacies, project centralized procurement and third terminal agents in China, deeply cultivating South China and radiating the whole country;

　　At the same time, the company provides customers with one-stop overall solutions and diversified value-added services and innovative services; 1) Through hospital supply chain projects, equipment SPD, regional distribution, regional medical services (inspection and disinfection), prescription dispensing and undertaking, etc., the innovative mode of medical services will be promoted. Its subsidiaries, Sinopharm Guangzhou Medical Technology Co., Ltd., Sinopharm Guangzhou Medical Management Co., Ltd. and Sinopharm Guangzhou Medical Supply Chain Service Co., Ltd., have carried out effective business development and practice on professional service products such as medical equipment life cycle management, reagent consumables and disinfection business. 2) In terms of third-party logistics business, it undertakes warehousing, distribution and other value-added services of third-party customers such as medical equipment manufacturers, medical equipment businesses, disease control centers and vaccine manufacturers, and provides professional third-party logistics solutions for integrated services such as third-party bonded logistics and national warehousing and distribution logistics services.

　　(3) Logistics distribution mode

　　After long-term development and accumulation, the logistics center has established a perfect modern medical logistics service system, integrated warehousing and distribution and intelligent supply chain service capabilities. The logistics center has a storage area of more than 180,000 square meters and more than 260 self-operated transport vehicles in Guangdong and Guangxi. Customer types of services include upstream and downstream customers of distribution and operation headquarters, and third-party logistics customers include innovative pharmaceutical companies, disease control customers, pharmaceutical machinery manufacturers and commercial companies, vaccine manufacturers, etc. The distribution scope is the whole country. Distribution terminals include hospital direct sales customers, primary medical customers, small social medical customers, commercial customers, retail direct sales customers, CDC and individuals. The logistics center relies on the national logistics resources of Sinopharm Holdings and combines the carrier resources to achieve full coverage of medical logistics in urban and rural areas across the country. The company’s logistics products mainly include: warehousing inspection service, storage service, delivery service, insurance and supply chain optimization and other value-added services; Value-added services such as transportation medicine city distribution service, medicine special car service, medicine express service and supply chain optimization.

　　2. Retail business

　　(1) Procurement mode

　　The procurement mode of Guoda pharmacy is divided into centralized procurement and local procurement; The purchasing methods of centralized purchasing are divided into unified signing and separate purchasing and unified signing and unified purchasing; Three-party contracts (headquarters, regional companies and suppliers) are signed by the headquarters, and regional companies directly purchase goods from suppliers. Unified signing and unified procurement is signed by the headquarters and suppliers, and the headquarters will concentrate on purchasing goods, and then the headquarters will distribute them to regional companies for sales. The procurement method of local procurement is that the regional company directly signs a contract with the supplier, and the region purchases and sells itself. In 2021, the sales of centralized mining accounted for 44%, and the local mining accounted for 56%.

　　(2) Sales model

　　The retail business of Guoda Pharmacy is mainly carried out in the form of chain operation, covering two parts: direct operation and joining. By December 2021, there were 8,798 total stores, 7,257 direct stores and 1,541 franchise stores, with 20 provincial markets. Mainly engaged in Chinese and western medicines, Chinese herbal pieces, medical equipment, health food, health food and supplies; Actively promote the () intercommunication of medicines in internet plus in business mode, and open up "5+X" retail diagnosis and treatment innovative stores in combination with Chinese medicine, western medicine, rehabilitation physiotherapy and other services. At the same time, we continue to optimize the new mode of chronic disease diagnosis and treatment and member management. At present, we have nearly 24 million effective members, establish health records for chronic patients, follow up for a long time, and cooperate with domestic and foreign head suppliers to continuously improve the professional pharmacy service ability, provide quality health products and services for the broad masses of the people, and practice the social responsibility of state-owned enterprises.

　　(3) Logistics distribution mode

　　There are two main types of logistics warehouse management modes for the headquarters and subsidiaries of Guoda Pharmacy. One is the self-management logistics mode, that is, the subsidiaries rent warehouses for the warehouse operation and distribution services of stores and external customers, and the other is the logistics distribution mode of entrusting the state-controlled system, that is, the subsidiaries entrust local state-controlled companies for storage and transportation based on factors such as cost or resource sharing. At present, the proportion of entrusted distribution is 27%. There are three modes of transportation, self-operated distribution, the second is entrusted to the third party, and the third is mixed transportation management, self-operated+entrusted mode.

　　(III) The Company’s annual performance and main work in 2021

　　The year 2021 is a significant moment for the Communist Party of China (CPC)’s centenary birthday and a key node for the historical intersection of "two centennials". Domestic epidemic prevention and control and economic and social development are under pressure. Sinopharm consistently adheres to the guidance of Socialism with Chinese characteristics Thought, the supreme leader in the new era, thoroughly implements the spirit of the 19th National Congress of the Communist Party of China and the previous plenary sessions of the 19th National Congress, fully implements the general requirements for party building and the party’s organizational line in the new era, and conscientiously implements the deployment requirements of Sinopharm Group and Sinopharm Holdings. Focusing on the strategic policy of "technology empowerment, service upgrade, integration of wholesale and retail, and dual drive of industry and finance", Sinopharm continued to push forward the "14 th Five-Year Plan" of "1-2-6" with one core, two networks and six platforms. Under the annual work idea of "building a new development pattern and sustained high-quality development", Sinopharm has made concerted efforts with 40,000 employees to achieve a new start in the first year of the "14 th Five-Year Plan"

　　Operation in 2021

　　In 2021, under the influence of the epidemic situation in COVID-19, centralized drug collection and other policies, Sinopharm faced the pressure unanimously, took various measures simultaneously and made great efforts to start. In the whole year, the accumulated operating income was 68.358 billion yuan, a year-on-year increase of 14.60%; Operating profit was 1.952 billion yuan, down 9.77% year-on-year; The net profit attributable to shareholders of listed companies was 1.336 billion yuan, a year-on-year decrease of 4.67%. The decline in profit was mainly due to the results of the company’s impairment test of goodwill and intangible assets this year.

　　Following the principle of prudence, provision for impairment of goodwill and intangible assets (brand use right and sales network) is made for Shanghai Dingqun Enterprise Management Consulting Co., Ltd. (and Sinopharm Holdings Tianhe Jilin Pharmaceutical Co., Ltd.). At the same time, the retail sector opened 1155 new direct-operated stores in 2021. The initial investment in new stores was large, and the benefits have not yet appeared. Due to the multiple influences of industry policies and epidemics, the profit space has narrowed.

　　In 2021, Sinopharm’s consistent distribution business completed a total operating income of 46.833 billion yuan, up 14.03% year-on-year, and realized a net profit of 947 million yuan, up 10.74% year-on-year. Among them: the income from traditional medical direct selling business was 31.9 billion yuan, up 15% year-on-year; Retail direct sales revenue was 6.2 billion, a year-on-year increase of 1%; Retail medical income was 2 billion, a year-on-year increase of 19%; The income from commercial distribution business was 5.2 billion yuan, a year-on-year increase of 19%.

　　In 2021, Guoda Pharmacy completed a total operating income of 22.478 billion yuan, up 15.64% year-on-year, and realized a net profit of 184 million yuan, down 61.38% year-on-year. The net profit of returning to the mother was 65 million yuan, a year-on-year decrease of 80.88%. Among them: the revenue of retail formats (including direct stores and franchise stores) was 17.99 billion, up 16.3% year-on-year; Distribution revenue was 4.1 billion, up 15% year-on-year.

　　In 2021, the company’s accumulated investment income in joint ventures was 333 million yuan, down 5.91% year-on-year.

　　1. gather strength to fight the epidemic and show the responsibility of central enterprises.

　　By December 2021, Sinopharm’s subsidiaries at all levels had obtained 67 qualifications such as medicine and epidemic materials reserve (including 2 qualifications for central medicine reserve; 12 provincial and municipal qualifications; The number of central direct fund reserves is 25; The government has 28 qualifications for epidemic prevention and control and special procurement), and has successively completed the emergency distribution of materials in several epidemic areas in Guangdong and Guangxi.

　　Undertaking the storage and distribution of disease control vaccines in Guangdong and Guangxi, setting up a special vaccine command team/operation team, responding quickly on duty 24 hours a day, investing nearly 2,000 square meters in cold storage and 120 refrigerated trucks, undertaking 60% of COVID-19 vaccine storage and distribution services in Guangdong Province, and signing 40 disease control contracts, covering about 1,700 inoculation sites; More than 3.4 million COVID-19 vaccines were distributed in Guangxi, covering more than 130 inoculation sites.

　　In response to the local government’s requirements for epidemic prevention and control, the emergency mode of "Enterprise WeChat customer service guidance+store order taking+logistics car delivery" was launched in the closed environment of the epidemic outbreak isolation area, and it was open all day, providing professional consultation and medicine delivery services for chronic patients in the epidemic isolation area; Assist the hospital to open an Internet prescription circulation channel to meet the online follow-up and medication needs of patients in epidemic isolation areas. Many subsidiaries of the company won the anti-epidemic awards issued by the government and industry associations, and the advanced deeds of fighting the COVID-19 epidemic were included in the briefing on the study and education of party history carried out by the state-owned assets system of Guangdong Province and the Guangdong Provincial Committee of the Communist Youth League.

　　2. Consistent distribution business of Sinopharm: Consolidate traditional business, develop innovative business, and continuously improve market competitiveness.

　　(1) Traditional business:

　　Traditional business further stimulates vitality, becomes stronger and bigger, and leads the industry. Consistent distribution of Sinopharm actively grasps the opportunity of centralized procurement policy and fully obtains the distribution right of centralized varieties. In the year, the distribution rate of all countries and provinces in Guangdong and Guangxi exceeded 95%, ranking first in the distribution rate; At the same time, we actively seize the opportunity of dual-channel market and strive for the distribution right of dual-channel products. The entrusted distribution rate of products exceeds 80%. Purchase and sales linkage, accelerate the upstream and downstream icebreaking, and continuously improve the market share; Promote marketing transformation, build a professional marketing team in the field of cancer and chronic diseases, and carry out CSO cooperation mode in depth; Strengthen the development and introduction of new potential suppliers, continuously optimize the hierarchical management of suppliers, institutionalize the development of supplier cooperation projects, and introduce 700 new products through multiple channels.

　　The winning rate of Chinese herbal pieces in hospitals has increased, and the market expansion of refined herbal pieces has achieved initial results, with the overall business increasing by 45% year-on-year; Medical beauty opens the C-end marketing model.

　　(2) Retail direct selling:

　　Promote the national top 100 chain projects, deepen cooperation and enhance product introduction. To speed up the network layout of member stores, the total number of member stores has reached 1313, with sales increasing by 66% year-on-year. Continue to give full play to the advantages of e-commerce B2B, optimize online platform services, increase online saleable product specifications, promote targeted product specifications, and increase the frequency of customers’ online orders.

　　(3) Retail diagnosis and treatment:

　　Continue to speed up the layout of retail clinics in Guangdong and Guangxi. There are 120 large pharmacies controlled by Sinopharm in Guangdong and Guangxi (with a net increase of 20 stores in the whole year), including 91 in Guangdong and 29 in Guangxi; 35 stores with "dual-channel" qualification have been obtained, and the brand advantages of "medical insurance+commercial insurance" have been continuously exerted, and the sales have shown a steady growth trend. There were 31 prescription circulation projects, and the total circulation increased by 124%.

　　(4) Equipment consumables business:

　　Actively expand to build a commercial platform with upstream manufacturers, open a device experience center, explore the marketing model of household devices, set up a clinical service team, realize the extension of the service function of the commercial platform, explore the cooperation model of medical devices with large access, and develop the integration of medical devices in the whole province.

　　(5) Innovative business:

　　Actively promote the service transformation, and develop to C logistics/services in the hospital, home and community medical care and health care, medical association/medical community primary medical services, retail diagnosis and treatment/retail direct sales and other directions. Integrate resources, promote the specialization and platform construction of innovative business, and set industry benchmarks. Many projects have won the top ten demonstration cases and excellent cases of service innovation in pharmaceutical supply chain.

　　(6) the third party logistics:

　　Vigorously develop third-party logistics services, and add state-controlled Guangzhou and Shanghai equipment warehouses and Sinopharm Holdings Guangzhou public bonded warehouses. The disease control business increased by 197% year-on-year, the innovative pharmaceutical business increased by 201% year-on-year, and the pharmaceutical machinery business increased by 15% year-on-year. The vaccine business maintains a leading position in the regional market.

　　3. Guoda pharmacy business: focus on strategy, improve quality and efficiency, consolidate the scale of existing business and explore innovative business development.

　　(1) Accelerate the network layout of the whole network and promote the expansion and sinking of stores.

　　By the end of 2021, the total number of pharmacy stores in Guoda was 8,798, an increase of 1,138 compared with the beginning of the year, including 1,155 newly opened direct-operated stores, 244 newly added through mergers and acquisitions, and 93 newly joined stores, with a total increase of 1,138 after deducting the impact of store closure and store transfer.

　　(2) Focus on building a self-operated e-commerce platform and continue to promote online and offline integration.

　　Focus on the development and construction of self-operated platforms, which have been launched in 26 regional companies and over 6,000 stores. To build a self-media platform for Guoda Pharmacy, 14 regional subsidiaries have opened 28 video numbers. Improve the quality of third-party O2O operations, increase the number of online stores to 7,000, increase the number of operating products to 2,000 SKU//store, and continuously improve the gross profit margin of O2O. The O2O business introduces traffic platforms such as Ping An Good Doctor to sell drugs at night. The annual sales of e-commerce business (including B2C) reached 2.23 billion, a year-on-year increase of 99.6%.

　　(3) Continue to innovate business models and create new retail of medicine.

　　1) Actively carry out the prescription outflow project and build an Internet hospital: in response to the "dual-channel" policy of medical insurance, 13 new medical insurance stores were added throughout the year; In cooperation with 16 Internet hospital platforms, prescription outflow projects have been carried out in Shenzhen, Inner Mongolia, Xinjiang, Jilin and Shenyang, creating a one-stop service of "Internet diagnosis and treatment+prescription online circulation+drug delivery to home"; Jiaren Medical Health (Hainan) Co., Ltd., a newly established joint venture, has obtained the license of Internet Hospital and completed the system docking.

　　2) Create a new retail model and promote service upgrade: create the first new concept store with SPS+ great health integration, and the store design won the "Top Ten Pharmacy Retail Model Innovation Award"; 340 stores are open 24 hours a day to provide night medicine purchase service; Set up 217 panda self-service medicine vending machines to provide intelligent service of self-service medicine purchase.

　　3) Explore the construction of digital intelligent unattended pharmacy: actively explore various digital application scenarios such as digital shelf+machine vision+multi-sensor fusion technology to realize non-inductive payment, artificial intelligence to assist in-store customers and drug purchase tracking, and pilot "non-inductive payment" in Shenzhen Guoda Pharmacy and "code scanning payment" in Shanghai Longhua East Road Store.

　　(4) Continue to pay attention to the improvement of gross profit, and set up a gross profit improvement project team (procurement, commodities, private brands, marketing and operation), focusing on the adjustment of sales structure and the control of gross profit margin of commodities themselves; The main index of gross profit margin basically achieved the annual task.

　　(5) Vigorously promote the systematic development of private brands.

　　We promoted the systematic construction of our own brand business, and protected our own brand and "China-made" products at home. The OEM business increased by 115% year-on-year. Create a new model, create new growth points, create a sales model of drainage products "Jiebaonuo" cotton tablets, and an innovative development model of industrial and commercial cooperation in the Chinese medicine system.

　　(6) Continue to build a professional pharmacy service system.

　　Carry out training on drug information platform, covering 31,863 shop assistants and managers nationwide, and carry out training around five modules: professional foundation, patient education, practical application, chronic disease goods and related goods; Organized the training of licensed pharmacists, and 476 employees obtained the qualification of licensed pharmacists; Provide health management services, and provide professional services for over 7 million chronically ill members by means of health testing, member filing, health education and medication guidance; To improve the viscosity of members, Guoda Pharmacy cooperated with the third party Yiyouhui to build a member platform, and has launched several cooperation projects with a number of foreign-funded manufacturers.

　　4. Improve quality, increase efficiency and seek benefits

　　Normalization promotes the special work of improving quality and increasing efficiency. Improve the concentration of funds, enjoy tax incentives, revitalize resources and save costs. Human resources investment and business have maintained a benign synergy, and the scale of personnel has been continuously and dynamically optimized. The growth rate of team size is much lower than that of revenue. Accelerate the continuous optimization of the company’s business structure and continue to carry out the "two gold" pressure control. Take one enterprise and one policy for subordinate loss-making enterprises, refine the measures to turn losses into losses, and increase the intensity of special assessment.

　　5. Continue to promote comprehensive digital transformation.

　　Promote integrated information management, and continuously optimize management processes and business links with digital projects. Strengthen basic information management, establish a stable and efficient basic equipment support system, carry out database inspection and optimization, and complete the construction of Guangzhou-Shenzhen disaster recovery platform. Promote the digital project of management platform and business system, improve the financial sharing platform, switch the NC unified financial platform to the national pharmacy, and pilot the online financial robot. Distribution revolves around the strategic deployment of "one body and two wings", and carries out the docking of supply chain automation, micro-shopping malls, dual channels and prescription circulation; Guoda Pharmacy promotes the establishment of several digital transformation projects, such as unmanned intelligent pharmacy, business system optimization, unified DTP system online use, online mall system and OMS system optimization and construction, etc.

　　6. Empowering science and technology to optimize supply chain efficiency

　　Continue to promote logistics network planning. At present, the company has 61 self-operated+entrusted logistics centers, with a total area of 370,000 square meters. It has established an index system to carry out national supply chain logistics monitoring, and carried out national logistics planning and B2B2C planning integrating wholesale and retail, breaking the decentralized layout of "one place and one warehouse" and improving the efficiency of warehouse network; Layout logistics wholesale and retail integration, joint supply, joint inventory, joint network.

　　Promote the intelligent transformation of the number of logistics warehouses, and create the 3A intelligent logistics solution (AS/RS+AMR+AI). By using OCR+AI visual identification system, the state-controlled Guangdong Logistics introduced intelligent equipment such as robotic arms and AGV smart cars to get through the logistics management system, which increased the warehouse storage density by 10% and the overall efficiency by 25%. AGV unmanned warehouse realizes its own FYWMS system docking AGV scheduling, realizes multi-floor intelligent equipment scheduling, and effectively improves the efficiency of supply chain.

　　7. Continue to promote the core strategy of wholesale and retail integration.

　　Dig deep into the connotation and value of "wholesale and retail integration" and promote the extension of resources to the upstream and downstream of the industrial chain. Start the expansion of the pilot area of wholesale and retail integration, and select 10 regions including Shanxi and Inner Mongolia for promotion, totaling 15 regions. On the basis of "one place, one policy", we will continue to promote it dynamically and rely on the operational characteristics of various places to export effective business models and profit models. Guangdong province’s wholesale and retail collaborative sales reached 1.03 billion.

　　During the reporting period, the operation of retail stores:

　　1. By the end of 2021, Guoda Pharmacy had 7,257 directly operated stores, with a sales income of 16.64 billion yuan; There are 1541 franchise stores, with a distribution income of 1.34 billion yuan.

　　Remarks: North: Liaoning, Shanxi, Inner Mongolia, Beijing, Tianjin, Hebei, Jilin;

　　East China: Shanghai, Jiangsu, Anhui, Shandong, Fujian, Zhejiang;

　　South China: Guangdong and Guangxi;

　　Central China: Henan and Hunan;

　　Northwest: Ningxia and Xinjiang;

　　Southwest: Yunnan.

　　(1) In 2021, 1,155 directly operated stores were opened and 347 stores were closed, with a net increase of 808 stores.

　　(2) The store’s medical insurance qualification.

　　By December 31st, 2021, the company had 7,257 direct chain stores, and 6,338 pharmacies had obtained the qualification of "designated retail pharmacies for medical insurance", accounting for 87% of the total number of pharmacies in the company.

　　2. Changes of main sales indicators

　　(1) Store operation by region

　　(2) The operating efficiency of the company’s direct stores during the reporting period.

　　Average daily operating income = operating income including tax of the store in the current year/business days of the store in the current year.

　　3, the top ten stores operating income.

　　4. Category structure of retail terminal

　　5. Procurement and suppliers

　　The commodity suppliers of Guoda Pharmacy are mainly external suppliers, assisting some affiliated enterprises and their own brands of Sinopharm Group. Top 5 suppliers in 2021:

　　6. Member management and service business

　　In 2021, the company’s member sales accounted for 67%, which was unchanged from that in 2020. At the same time, the number of member transactions in 2021 increased by 25% compared with 2020. The proportion of member transactions in the total number of transactions increased from 56% in 2018 to 64% in 2021. In the process of continuous sales improvement in the past three years, the number of member transactions has maintained a steady growth every year, which has played a key supporting role in the steady improvement of the company’s performance.

　　By optimizing the product structure, the company can improve its operating efficiency. In 2021, the unit price of the company’s member customers will be 108 yuan, and the unit price of non-member customers will be 82 yuan. The main difference between members and non-members lies in the degree of brand recognition and the differentiation of the types of goods purchased.

　　7. Warehousing and logistics during the reporting period

　　By the end of 2021, Guoda Pharmacy has 33 logistics centers/distribution centers in 20 provinces (including 9 entrusted logistics and 24 self-owned logistics), and the total area of its own warehouses is 190,000 square meters; Among them, the cold storage area is 1463 square meters, and the cold storage volume is 3880 cubic meters, which is used for the storage and circulation of normal temperature, cool and refrigerated goods, ensuring the distribution of all customers’ goods; There are 173 self-owned logistics vehicles in China, including 20 refrigerated trucks; The number of logistics employees in NUS is 1387; In China, 20.49 million pieces were swallowed and 98.86 million orders were made.

　　8. On-line sales during the reporting period

　　In 2021, online sales increased by 56% year-on-year, of which self-operated platform business increased by 33%, third-party O2O business increased by 93%, and B2C business increased by 8%. The O2O network layout covers over 7,000 stores in 23 provinces across the country.

　　9, to undertake prescription outflow and chronic disease management

　　With the continuous deepening of the national medicine reform, drugs have collapsed on the basis of medicine-supporting medical model through policies such as purchasing with quantity, centralized bidding and dual channels, and prescription outflow has gradually become a trend. In 2021, the overall prescription sales of pharmacies in Guoda were 9.98 billion (including DTP), up 21.3% year-on-year. Among them, represented by Xinjiang, the sales of prescription drugs in 2021 were 720 million (including DTP), up 60% year-on-year. The sales of prescription drugs have brought great influence to chain pharmacies.

　　In order to better undertake the outflow of prescriptions, it is necessary to strengthen the professional service ability and establish a chronic disease management team. In 2021, Guoda Pharmacy organized online study for diabetes specialists and hypertension specialists every week, covering 26 regions, and actually trained 2,593 diabetes specialists and 2,568 hypertension specialists; Accumulated 1.01 million diabetes members and 970,000 hypertension members were filed, and the sales of diabetes and hypertension products increased by 11.7% and 14.2% year-on-year.

　　10. Development of innovative business

　　In 2021, the innovative business of Guoda Pharmacy will be driven by the business model of "medicine+medicine+insurance". In November 2021, Jialong Health, a shareholder of Guoda Pharmacy, obtained the qualification of Hainan Internet Hospital, laying the foundation for Guoda Pharmacy to realize online service and medical care. In terms of commercial insurance, sales in 2021 increased by 159% year-on-year, involving various types of fund insurance, serious illness, chronic illness and other multi-faceted business attempts. E-commerce business continued to maintain rapid growth in the self-operated platform construction and O2O. The self-operated platform realized the mode of dividing employees’ commission, and introduced some large health products for online distribution. In 2021, Guoda Pharmacy achieved a breakthrough in self-media and live broadcast business, and completed more than 340 live broadcast businesses throughout the year, and jointly created short videos and other publicity with Meituan, Hungry and cooperative brands to enhance the overall brand image of the company. At the same time, since 2019, the self-service drug purchasing machine business has achieved a good breakthrough in 2021. At the end of 2021, 217 self-service drug purchasing machines were laid in airports, stations, hospitals, enterprises, parks, pharmacies and other channels.

　　

　　Third, the core competitiveness analysis

　　1. Strong network coverage and layout

　　Sinopharm has consistently relied on a sound distribution network and variety resources to do a good job in the integration of wholesale and retail resources. The company has a complete drug distribution network and sales in all formats have achieved steady growth.

　　(1) 27 prefecture-level cities in Guangdong and Guangxi have strong netcom in regional distribution business, covering all levels of medical institutions, small-scale social medical offices and retail chain single-store terminals; In terms of retail diagnosis and treatment, there are 120 DTP and hospital-side pharmacies (Sinopharm Holding Pharmacy);

　　(2) Guoda Pharmacy has 8798 retail stores, and its chain network covers 20 provinces, municipalities and autonomous regions, covering more than 150 cities in China.

　　2. Rich variety resources

　　After years of hard work, the company’s distribution business has rich variety resources in many fields such as medicines and consumables, and has established extensive cooperative relations with thousands of domestic manufacturers and commercial enterprises, and established stable business relations with hundreds of imported and joint venture manufacturers, with an overall operating product specification of more than 60,000.

　　Guoda Pharmacy operates nearly 180,000 kinds of product specifications. With a relatively complete procurement network and many years of experience in commodity operation, Guoda Pharmacy has established a commodity system with wide coverage, high specialization and rich varieties.

　　3. Perfect logistics distribution system

　　In terms of distribution, warehousing and transportation network, the logistics center has a storage area of more than 180,000 square meters in Guangdong and Guangxi, with 5 logistics centers, 23 distribution centers and 1 transfer station, forming a stepped logistics distribution network. Relying on the national logistics resources of Sinopharm Holdings and combining the resources of carriers, we will realize the full coverage of medical logistics in urban and rural areas throughout the country. In terms of informationization and automation, it has a modern logistics management system, including WMS warehouse management system, TMS intelligent dispatching system, logistics visualization system, AGV goods-to-people system, robotic arm and five-sided code scanning instrument, so as to realize digitalization and intelligence of logistics, continuously improve the efficiency and quality of logistics services. In terms of operation management, unified standardized operation norms and management, integrated quality management system, integrated information management and integrated operation management are implemented. Unified planning, unified deployment and unified management are implemented in logistics resource management.

　　Guoda Pharmacy has a modern logistics distribution system covering domestic scope. Guoda Pharmacy has 33 large and small logistics warehouses in 20 provinces, with a total storage area of over 190,000 square meters. Headquarters logistics management is the highest logistics management institution, which is responsible for the management of logistics warehouses of all subsidiaries in China, the planning and construction of logistics networks, and the information collection and analysis of warehouses. Headquarters logistics provides trunk distribution of centralized goods to warehouses, and regional subsidiaries provide all goods distribution to local stores and external customers. Companies with wholesale qualifications can also provide wholesale distribution between warehouses.

　　4. Medical insurance resources and advantages of dual-channel stores

　　In terms of distribution and retail, by the end of 2021, it has obtained the qualification of "dual-channel" pharmacy in 24 cities and 37 pharmacies in Guangdong and Guangxi. Among them, a total of 25 stores in 14 cities in Guangdong Province have obtained the qualification of "dual-channel" pharmacies, and have served more than 100,000 insured persons. Their professional and meticulous services have been repeatedly recognized by local insured persons, medical insurance, hospitals and industry associations.

　　In terms of the development of pharmaceutical retail, the subsidiaries of Guoda Pharmacy generally have a high ability to obtain medical insurance resources, with a relatively high proportion of medical insurance sales and stable operation. By the end of 2021, there were 6,338 medical insurance stores, and the tax-included sales of direct medical insurance stores was 16.69 billion yuan, up 17% year-on-year. The tax-included sales of direct medical insurance cards reached 7.4 billion yuan, up 26% year-on-year. There are 102 dual-channel stores with a cumulative sales of 2.8 billion yuan.

　　5. Compliance advantages

　　The company strictly adheres to the requirements of legal compliance in the process of operation and management, and has great advantages in the face of stricter policy supervision.

　　6. An influential brand of Chinese medicine.

　　The company’s brand and retail and distribution sub-brands are in the same strain as the brands of controlling shareholders and actual controllers. Relying on the strong influence of central enterprises, the company’s popularity and influence in the industry are increasingly prominent.

IV. Prospects for the future development of the company

　　(A) the industry pattern and trends

　　1. The concentration of the pharmaceutical industry will increase, and the business model will be reconstructed. According to the Guiding Opinions of the Ministry of Commerce on Promoting the High-quality Development of the Pharmaceutical Circulation Industry during the Tenth Five-Year Plan period, the overall goal by 2025 is to cultivate and form 1-3 large-scale digital and comprehensive pharmaceutical circulation enterprises exceeding 500 billion yuan and 5-10 enterprises exceeding 100 billion yuan, and the retail chain rate of pharmaceuticals is close to 70%. From this, it can be seen that the state supports and encourages the formation of national and regional leading patterns, whether it is the upstream original research drugs, generic drug manufacturers or the middle-stream circulation enterprises, which will accelerate the leap of centralized measurement level in the market, and the small and medium-sized circulation enterprises with weak comprehensive strength will be eliminated and the business model of the circulation industry will be reconstructed.

　　2. Centralized mining speeds up the expansion, and the gross profit space is further compressed. The scope of centralized procurement with quantity will continue to expand, the price of drugs will be further reduced, and the gross profit space will be further compressed. The three major sectors of chemical medicine, Chinese patent medicine and biological medicine will carry out centralized procurement in all directions, and high-value medical consumables will focus on orthopedic consumables, drug balloons, dental implants and other varieties. At the same time, cross-regional alliance with quantity procurement will gradually become a trend; At the same time, more and more varieties of Chinese patent medicines and biological agents will be brought into centralized collection. With the further expansion of centralized purchasing, the gross profit margin of pharmaceutical consumables will further decline.

　　3. Innovation, transformation and upgrading of the pharmaceutical market, and accelerated reshuffle of the industry. With the medical reform entering the deep water area, the quantity procurement and medical insurance negotiation have greatly changed the medical ecology. Policies encourage innovation. Facing the new pattern, traditional pharmaceutical companies seek transformation in marketing model, R&D strategy and overseas layout, so as to cope with or lead the development of industrial trends. According to the national policy guidance and the increasingly fierce competition among circulation enterprises, circulation enterprises will continue to promote business model innovation and service innovation, and improve their business performance by steadily developing their scale.

　　4. The market demand for pharmaceutical consumption and diversified payment funds will jointly support the scale and volume of the pharmaceutical retail market. According to the forecast of Minenet, by 2029, the drug market scale of retail pharmacy terminals alone will reach 1.15 trillion yuan.

　　5. Innovative drugs, traditional Chinese medicine and other categories will become the main force driving the increment of China’s pharmaceutical retail market. According to the "14th Five-Year Plan for Pharmaceutical Industry Development" jointly issued by nine departments in January, 2022, the innovation-driven development pattern will be fully formed, and the number of original new drugs and "leading" products will increase, and China will become an important source of pharmaceutical innovation in the world. According to IQVIA’s forecast, in the next five years, driven by the increase in the number and dosage of innovative new drugs, China’s drug expenditure will increase by 3.8% CAGR, and the main contribution to the growth will be the original brand drugs, and the CAGR will be 10.4% in 2022-2026. Retail pharmacies will enjoy this wave of innovative drugs out-of-hospital market dividends through the "dual-channel" qualification.

　　6. With the "three-medical linkage" reform, the drug price has dropped in an all-round way, and retail pharmacies urgently need to accelerate the development and transformation driven by innovative services and cultivate new income growth points. Based on the innovative ideas of the transformation of world-class enterprises and the health service strategy of Wobolian (), we will vigorously develop medical and health clinic services such as VillageMD and HealthCorner.

　　(2) Possible risks

　　1, novel coronavirus epidemic continued to affect. Although the domestic COVID-19 epidemic has been effectively controlled, it is still sporadic. Once there is an outbreak in the company’s business area, under the current strict prevention and control measures, the decline in hospital outpatient service and outpatient drug use still has a noticeable impact on the company’s business.

　　2. Policy risk: National policies have direct guidance and influence on the development of pharmaceutical retail industry. Under the premise of medical insurance cost control, the centralized procurement of drugs with quantity is normalized and institutionalized, and the price of drugs has dropped overall; In addition to the comprehensive spread of the variety of drugs collected, the drug price linkage mechanism has also landed in some areas. The supply chain capacity and profitability of retail pharmacies are facing challenges. At the same time, the supervision of medical insurance funds is becoming stricter in an all-round way. The construction of medical insurance informatization will be accelerated in an all-round way, and a unified national medical insurance information platform will be built. In the future, the unified national medical insurance information platform will be vertically connected, horizontally connected, internally and externally interconnected, and ecologically integrated, and the medical insurance information will be fully transparent. The supervision of medical insurance fund will be upgraded in an all-round way, the requirements for compliance operation of pharmacies will be improved, and the compliance cost of pharmacies will increase. The related policies of Internet diagnosis and treatment norms have been issued, and strict restrictions have been imposed on such behaviors as prescribing for the first visit, unifying prescriptions and supplementing prescriptions. Online diagnosis and treatment of pharmacies, medical e-commerce and other business operations are also facing greater compliance requirements.

　　3. Market changes and market competition risks: the pharmaceutical retail industry has entered a stage of high-quality development, the growth rate of market scale has slowed down, and the overall number of stores is still expanding. In this environment, the competition in the industry has intensified, and major chains are seizing the opportunity to expand their store size and scramble for land through self-opening, joining and mergers and acquisitions, and the industry concentration has been continuously improved. The passenger flow in offline pharmacies is blocked, which is not only squeezed by online channels, but also affected by the return of some patients to the hospital due to centralized purchase. Retail pharmacies are facing challenges from peer competition, online channel competition and medical institutions, especially primary medical institutions. Guoda Pharmacy, as a leading chain pharmacy enterprise in the industry, has a network of stores covering 20 provinces and cities across the country, backed by Sinopharm Holdings and Sinopharm Consistency, and has competitive advantages in terms of supply chain capability, hospital channel resources, brand value and logistics capability. However, with the intensification of industry competition, how to maintain the leading position, scale and competitive advantage of the industry is still facing challenges.

　　4. Risk of public opinion: The popularity of the Internet leads to the rapid spread of network information. With the continuous expansion of social networks online, the spread of information is not only through traditional media, but also through the dynamics shared by social accounts, and public opinion has become a more important risk point.

　　5. Compliance risk: In recent years, drug management has become stricter, and GSP regulations have become stricter. For example, the appearance of traditional Chinese medicine decoction pieces does not meet the requirements, as well as mildew and moth-eaten. Penalties for violations have increased. In addition to the gradual increase in exposure and fines, penalties such as revocation of medical insurance qualifications have also occurred from time to time. The implementation of the new version of the Drug Administration Law faces the most severe punishment under the strongest supervision. Government market management behaviors such as supervision, inspection and punishment, such as cooperation with epidemic management, are also becoming more and more frequent.

　　6. Risk of impairment of goodwill: On December 31, 2021, the book value of goodwill in the company’s consolidated financial statements was RMB 2.776 billion, which was allocated to the asset groups corresponding to the distribution segment and the retail segment. According to the provisions of the Accounting Standards for Business Enterprises, the company conducts impairment test on goodwill every year. (For the disclosure of impairment of goodwill, please refer to Notes III, 17 and 33 and Notes V and 18 in Section X of the Financial Report. )

　　(3) The company’s business plan

　　In 2022, Sinopharm will continue to comprehensively strengthen the party’s leadership, accurately grasp the new development stage, thoroughly implement the new development concept, accelerate the construction of a new development pattern, take high-quality development as the main line goal, take the "14 th Five-Year Plan" as the guide, focus on customer value, and take "technology empowerment, service upgrade, integration of wholesale and retail, and dual drive of industry and finance" as the core development measures. Build a "1-2-6" digital medical and health service system based on omni-channel, all categories and full life cycle, keep a close eye on the development, changes and trends of national medical reform policies, strengthen the research and judgment of industry policy trends, and make overall plans to promote steady growth, adjust structure, promote innovation, strengthen science and technology, prevent risks, "seek change in stability" and "seek innovation in change" to achieve high-quality development.

　　1. Pay equal attention to both endogenous and exogenous development, and maintain the leading industry scale.

　　Strengthen the guidance of strategic planning, while steadily developing traditional businesses, do a good job in endogenous innovation development and extension of mergers and acquisitions, and continuously increase market share. Strengthen the distribution sector and consolidate the leading position; Expand the retail sector and enhance profitability.

　　2. Benchmarking first-class management to enhance the competitiveness of enterprises.

　　Make up the shortcomings, deepen organizational change and management innovation, promote the modernization of management capabilities and management systems, and enhance the support for strategic landing and business transformation. Focus on the efficiency and benefit of human resources, optimize the development of management, talents and organizations, and maintain a high matching degree and high supply rate between talents and strategies and businesses. Customer-oriented, adhere to management improvement and value creation. Focusing on customer needs and combining business scenarios, we will accelerate the application of technologies such as big data and artificial intelligence, strengthen the promotion of digital transformation projects, and drive innovative services and supply chain upgrades with numbers.

　　3. Adjust the structure to promote transformation and build a new value-driven business model.

　　Grasp the demand changes in the upstream and downstream of the industrial chain, build an omni-channel, whole industrial chain and whole life cycle service system around the customer value orientation, and win the development opportunity in the innovative service track.

　　4. The consistent distribution of Sinopharm focuses on the strategy of "one body and two wings" and continues to transform and innovate.

　　Strengthen the strategic goal orientation, face the change directly, focus on the share and improve the efficiency. Continue to develop retail business, improve the network, enrich varieties, cooperate with wholesale and retail, develop with characteristics, and strengthen and upgrade the competitive advantage. Establish a marketing service system, integrate wholesale and retail network resources, expand CSO product projects, promote marketing system and team building, and improve the marketing service capabilities of medical institutions and end consumers.

　　Continue to promote business transformation and innovation, integrate digital transformation and supply chain optimization into the business, and achieve model breakthrough and scale improvement of innovative business. Provide a comprehensive 4D overall service solution to enhance the integrated service capability; Continue to expand the leading edge of SPD business and promote the upgrade of service platform and operation and maintenance capability; Continue to promote the upgrading of third-party logistics value-added services, and explore the ability to build warehouse distribution+cold chain +SPD+2C+ logistics services.

　　5. The pharmacy of Guoda quickly becomes large-scale, deepening the market and improving the efficiency.

　　Strengthen strategic guidance, further intensify regional business integration, speed up the merger and acquisition of intentional cooperation projects, enhance the cooperation of opening stores and joining, speed up the national retail layout, further fill the blank market and expand the new provincial market layout. Continue to promote national integrated operation, enhance the advantages of economies of scale, and build the core competitiveness of NUS. Strengthen the online layout, focus on the construction of self-operated platforms and Internet hospitals, and explore the layout of commercial health insurance. Actively respond to the "dual-channel" policy and strive to achieve full coverage of all provinces and cities in dual-channel designated pharmacies. Strengthen the breakthrough of all products, linkage of purchase and sale, systematically promote the increase of gross profit margin, and continuously promote the development of self-owned brand product series and the construction of marketing system. Promote the integration of retail brand resources in an orderly manner and strengthen the influence of retail brands of "Guoda Pharmacy". Continue to promote digital transformation and continuously improve professional service capabilities.

　　6. Full coverage of wholesale and retail, and exploration and operation of various modes.

　　We will continue to promote the integration of wholesale and retail of Chinese medicine, and export effective business models and profit models according to the model of "one place, one policy and dynamic promotion" and relying on the operational characteristics of various places. On the basis of the original 15 pilot areas, 13 areas will be added to achieve full coverage of 28 areas in the country. Encourage regional exploration of business integration, equity integration, organizational integration, member stores and other model operations, and continue to promote the all-round cooperation of wholesale and retail through business cooperation, logistics cooperation, zero-machinery cooperation and management cooperation.

　　7. High-quality Party building leads to create a clean and healthy development environment.

　　Comprehensively strengthen the party’s political and ideological construction and adhere to the integration of party leadership and corporate governance. Deepen the construction of grassroots party organizations and deepen the comprehensive and strict management of the party. Cultivate and build a corporate culture with temperature, depth, breadth and height, which is consistent with the development of the "14 th Five-Year Plan" of Sinopharm and helps the development of enterprises.

　　On June 1st, "International Children’s Day", the inauguration ceremony of Xicheng Kangaroo Baby Home New Sunshine Academy was held in Beijing. Kangaroo Baby Home aims to provide services such as companion education and after-school care for riders’ children, and formulate protective and developmental measures at different stages of development according to different ages.

　　Li Yanqing, director of the Women Workers Department of the All-China Federation of Trade Unions, Peng Yizhong, vice chairman of the National Finance and Trade Textile Tobacco Trade Union, Wang Huihui, head of the Fourth Division of the Organization Department of Beijing Xicheng District Committee, Jie Shen, deputy secretary of the Yuetan Street Working Committee of Beijing Xicheng District, Liu Zhengchen, secretary general of Beijing New Sunshine Charity Foundation, and family representatives of Kangaroo Baby Home were present.

　　In 2019, Meituan launched the Kangaroo Baby Public Welfare Program, dedicated to providing serious illness assistance and educational support for the children of take-away riders in the whole industry. In order to help riders solve the problem that it is difficult to balance work and child care, Meituan and non-profit organizations have established community children’s care institutions for children of takeaway riders in Yanjiao, Hebei, Haidian, Beijing and Wangjing, Beijing — — Kangaroo Baby House.

　　The service of Kangaroo Baby Home is open to all new employment groups, including riders. The service content covers serious illness relief, medical insurance reimbursement, Kangaroo Baby Public Welfare Program serious illness assistance consultation, etc. In terms of course content, it is also more diverse, including reading class, puzzle manual class, social activity class, etc., to provide diversified companionship for riders’ children. At the same time, the clients also expanded from children to parents, and social workers provided them with a series of convenient services such as emotional counseling and delivery skills training. The one-stop service of Kangaroo Baby House effectively alleviates the problems of the rider’s family, such as the difficulty of looking after children, the heavy burden of medical treatment and the great pressure of work, so that the rider and other new business practitioners’ families can enjoy reassuring care in their stressful work and life.

(Photo: Kangaroo Baby House Puzzle Handicraft Course)

　　As an "old friend" of Kangaroo Baby House, 12-year-old Xiaoxue witnessed the changes here. She made crafts and played the piano with her peers, making Xiaoxue more sociable and more harmonious with her parents. Xiaoxue’s father is a special rider. He said, "I feel at ease here, so that I have no worries about my work. I just need to pick up my children after work." Because there is a kangaroo baby house, I can take my child to the city where I work and participate more in her growth. "

　　After the completion of Xicheng Kangaroo Baby Home, it is expected to provide public welfare services for 100 families and 5,000 people throughout the year. In addition, by the end of May 2023, the "Kangaroo Baby" charity program had helped 624 children of seriously ill riders, with a total amount exceeding 24.287 million yuan. It is understood that in the future, Meituan will also serve more rider families by establishing kangaroo baby community and help workers in new employment forms to work and live with peace of mind.

　　Those who are good at games seek the potential, while those who are good at governance seek the overall situation. General Secretary of the Supreme Leader stressed during his recent inspection tour in Sichuan: "Sichuan is located in the upper reaches of the Yangtze River, so it is necessary to enhance the overall awareness, firmly establish the upstream awareness, unswervingly implement the policy of joint protection and no development, build an ecological barrier in the upper reaches of the Yangtze River, and protect this clear water."

　　The Yangtze River Economic Belt covers 11 provinces and cities along the Yangtze River and spans three major plates in China. Restoring the ecological environment of the Yangtze River and promoting the high-quality development of the Yangtze River Economic Belt require the interaction and cooperation of the upper, middle and lower reaches. At the symposium on further promoting the development of the Yangtze River Economic Belt held in 2018, General Secretary of the Supreme Leader pointed out that "the protection and restoration of the Yangtze River ecological environment ‘ Seek a domain ’ Mostly, ‘ Passively ’ There are many key breakthroughs; ‘ Seek the overall situation ’ Insufficient, ‘ Actively ’ Less overall promotion "requires" correctly grasping the relationship between overall promotion and key breakthroughs, based on the overall situation, making decisions before moving ". In recent years, it is precisely because of insisting on systematic planning from the overall situation and the overall situation that the ecological environment protection of the Yangtze River Economic Belt has undergone a turning point.

　　"He who does not seek the overall situation does not seek a domain". Observing the general situation, seeking the overall situation and grasping major events are important ways of thinking and working. If we don’t consider our work from the overall situation and the whole, we will easily "see the trees but not the forest" and lose sight of one thing, and fall into the dilemma of picking up sesame seeds and throwing watermelons and making up for the short wall; If you only pay attention to your own land, one-sided emphasis on the particularity of the local department will not be conducive to the development of national and overall work, and in the end, it will also hinder the development of one party. And when we "understand the overall things, we will use the local things more". The ancients said that "the one who gets the most can also be small", which is the truth. The General Secretary of the Supreme Leader profoundly pointed out that "leading cadres must have a clear idea of the country’s big players when they think about problems and make decisions, and they must make more big calculations and calculate big accounts, and less small calculations", emphasizing that "more attention should be paid to planning a domain from the overall situation and serving the overall situation with a domain", which is of great guiding significance for all localities and departments to do a good job. This requires us not only to be good at analyzing and studying the situation from the overall situation and strengthening planning, but also to do a good job in specific work and things, and to serve the overall work by solving practical problems and promoting specific work.

　　Planning a domain from the overall situation is a kind of mind, vision and pattern. When the Supreme Leader was in charge of Shanghai, he pointed out that the future development of Shanghai must be considered and planned in the central government’s strategic orientation for Shanghai’s development, in the general trend of economic globalization, in the overall development pattern of the whole country, and in the overall deployment of the country for the regional development of the Yangtze River Delta. During his inspection tour in Shanghai in May 2014, General Secretary of the Supreme Leader asked Shanghai cadres at all levels to look at the whole world and the whole country, constantly improve their strategic thinking, strategic grasp and strategic operation ability, and strive for development and achievements, not only striving for domestic first-class, but also daring to compare and compete internationally. Leading cadres and officials at all levels should always regard the overall situation as the starting point and the end result of observing and handling problems, pursue the overall interests as the highest value, correctly understand the overall situation and consciously obey the overall situation, so as to continuously improve the principle, systematicness, foresight and creativity of "seeking a domain".

　　At the same time, we must realize that the overall situation cannot be separated from the parts and independent, and the overall situation is composed of all its parts. This requires us to serve the overall situation with one domain and promote the overall improvement of the overall situation through local key breakthroughs. When talking about the development of the Yangtze River Economic Belt, General Secretary of the Supreme Leader stressed that "we should use the method of system theory to correctly grasp the relationship between our own development and coordinated development" and "all regions and cities in the Yangtze River Economic Belt must proceed from the whole and establish ‘ A game of chess ’ Thought, realize dislocation development, coordinated development, organic integration, and form an overall synergy. " For leading cadres at all levels, it is necessary to firmly establish the idea of "playing a game of chess", focus on the overall interests on major issues, define the orientation of self-development in the overall situation of national development, identify the combination of their own advantages and overall work, and avoid interfering with the overall situation, actively integrating into the overall situation, and effectively serving the overall situation.

　　There is such a vivid metaphor: "A choir must pay attention to a main theme and a rhythm if it wants to speak with one voice. The same is true of economic work. If every department and unit emphasizes the importance of their work, each plays its own horn and sings its own tune, it is not singing ‘ Smash the pot ’ Can’t. " On the new journey, we will improve our strategic thinking ability of taking the overall situation into consideration, strengthen our mission of "making the most of the things and doing the most of them", not only take a long view, take the overall situation into consideration, but also implement them in detail and accumulate them, so that we will surely win glory for a domain, add luster to the overall situation and play the chorus of high-quality economic and social development.

　　People’s Daily (June 20, 2022, 04 edition)

　　CCTV News:On November 27th, the "International Sharp Review" of the Central Radio and Television General Station broadcasted the title "Globalization encounters countercurrent, what expectations does the G20 Argentina Summit carry? The article was reprinted and quoted by many overseas media.

　　From November 27th to 28th, NTV (Russian National Television), Voice of America (Voice of America), TVRI (Republic of Indonesia Television), Canal 24 Horas (Spanish TV 24-hour news channel) and 5 Kanal (Ukrainian Channel 5) quoted relevant contents and materials. Many overseas media, such as French LCF Radio facebook account, German German-Chinese Report website, Italian Radio We website (facebook account, twitter account), Japanese Record China website, Japanese Niconico website, Japanese Oricon website, Turkish Economic Observer website, Indian Daily Morning News website, Kazakhstan Industrial News website, and Nigerian Leader newspaper website, have widely forwarded them. On November 29th, Hong Kong Ta Kung Pao and Wen Wei Po also published this article.The main reports are as follows:

　　In November 2008, the G20 summit was held in Washington for the first time. At that time, a major task they faced was how to get the global economy out of the worst financial crisis in decades. Sincere cooperation and policy coordination among these major world economies have played their due role, and the world economy has gradually returned to the right track.

　　Today, ten years later, the international community is once again facing severe challenges: although the global economy has maintained growth, its growth rate has slowed down; The development of international trade has entered a downturn. The World Trade Organization (WTO) predicts that the growth rate of global trade may be lower than the economic growth rate for the fifth consecutive year. At the same time, protectionism and unilateralism have seriously impacted the international order, and the markets of some emerging economies and developing countries have experienced turmoil. Risks and uncertainties in the world economy are on the rise.

　　In this regard, the Supreme Leader of president, China pointed out at the recent Asia-Pacific Economic Cooperation (APEC) Business Leaders Summit: "Mankind has once again stood at a crossroads. Cooperation or confrontation? Open or closed? Mutual benefit or zero-sum game? How to answer these questions is related to the interests of all countries and to the future and destiny of mankind. " He reminded people, "If we embark on the road of confrontation, whether it is a cold war, a hot war or a trade war, there will be no real winner. As long as countries treat each other as equals and understand each other, there will be no problems that cannot be solved through consultation. "

　　The upcoming G20 Argentina Summit will be held in this context, and it will mainly discuss two topics: global economic governance and atmospheric change. Among them, global economic governance mainly involves global trade issues. Because at present, how to stop trade protectionism and unilateralism, continue to promote globalization and safeguard the global multilateral trading system is an urgent problem.

　　The core of the global multilateral trading system is the World Trade Organization, and the reform of WTO is considered as one of the core topics of this G20 summit. Because the United States has repeatedly rejected the appointment of judges of the WTO dispute settlement body in the past year, this institution is facing paralysis, and the normal operation of the WTO is also threatened.

　　Zhang Xiangchen, China’s Permanent Representative to the World Trade Organization, said frankly that for more than a decade, hundreds of billions of dollars in agricultural subsidies of developed WTO members have not been cut at all; Emerging formats such as e-commerce have flourished in the global market, but the WTO has failed to provide any international norms; What’s more, in the face of the rampant unilateralism and protectionism today, it is difficult for the WTO to effectively restrict it. The WTO needs and must be reformed.

　　With regard to WTO reform, China, the European Union and Canada all actively put forward their own reform ideas or specific suggestions. However, because the relevant process has not yet started, the parties still have different views on related issues. It can be predicted that all parties will take the opportunity of G20 Summit to seek in-depth exchange of views, narrow differences and expand consensus on reform.

　　Associated with global trade, the leaders of China and the United States will meet during the G20 Argentina Summit. As the world’s top two economies, any sign of Sino-US economic relations will have an impact on the global economy. The healthy and stable development of Sino-US relations is not only related to the well-being of the two peoples, but also affects world peace and prosperity. It is widely expected that the first meeting between China and the United States will make further progress in the economic and trade fields between the two countries, effectively resolve the trade friction between China and the United States, and enhance more certainty in the global market and the world economy.

　　Global climate change will be another important topic at the G20 summit. At the G-20 Hamburg Summit last year, German Chancellor Angela Merkel said that the G-20 failed to reach a consensus on the Paris Agreement because of the "regret" withdrawal of the United States, but the remaining 19 members unanimously decided that the Paris Agreement was irreversible.

　　In the past few weeks, the forest fires in California have forced people to focus on global climate change again. Whether the G20 Argentina Summit can reach an agreement on this issue is of concern. According to the Financial Times, the leaked draft summit statement will briefly mention the Paris Agreement, but will not call for more financial assistance to developing countries to cope with climate change.

　　Contrary to unilateralism and zero-sum game, the G20 international mechanism itself represents "multilateralism" and "cooperation". The experience of ten years ago shows that only by cooperating rather than confronting can the G20 jointly and truly resolve the uncertainties and potential risks facing the global economy. This is not only in their respective national interests, but also in the national interests of all countries in the world.

　　Many overseas media quoted and forwarded "International Sharp Review" articles:

　　As of November 28, 2018, NTV (Russian National Television) quoted relevant content and materials twice.

　　On November 27, 2018, Voice of America quoted relevant content and materials.

　　As of November 27, 2018, TVRI (Republic of Indonesia Television) has quoted relevant content and materials twice.

　　On November 27, 2018, Canal 24 Horas (a 24-hour news channel of Spanish television) quoted relevant content and materials.

　　On November 27, 2018, 5 Kanal (Ukrainian Channel 5) quoted relevant content and materials.

　　The German "German-Chinese Report" website was forwarded on November 27, 2018

　　Italian Radio We website (facebook account, twitter account) was forwarded on November 27th, 2018.

　　Japan Niconico website forwarded on November 27, 2018

　　Nigerian "Leader" website forwarded on November 27, 2018

　　Hong Kong Ta Kung Pao was published on November 29, 2018

　　Hong Kong Wen Wei Po was published on November 29, 2018.

It can be said that Alphabet (Google’s parent company), Meta and Microsoft, the three giants of American AI, have handed over their own stage test scores, but unlike the impression formed by the outside world in the previous paragraph, Google, which has been constantly sung, has seen its share price soar after the financial report, while Meta, which won a heart by Llama 3, has evaporated by 1.6 trillion overnight.

Only Microsoft continued to exceed expectations, watching the other two unreliable rivals smile and get back the top spot in the world market value.

Google, the big brother who is often upstaged by his peers on various occasions, is finally proud this time.

Not only did Q1′ s revenue, advertising and cloud business all increase at a faster speed, but it also crushed all the indicators, with an increase of over 15% after the close, and announced the dividend distribution and $70 billion stock repurchase plan for the first time.After the financial report was published, Google’s market value soared by 300 billion US dollars, making it the fourth largest listed company in the world after Microsoft, Apple and NVIDIA.

In this quarter, the total revenue of Google’s parent company Alphabet was 80.54 billion US dollars, much higher than the market expectation of 79.04 billion US dollars, up 15% year-on-year, the fastest growth rate in two years. Net profit jumped 57% year-on-year to $23.7 billion, and diluted earnings per share was $1.89, up 61.5% from $1.17 in the same period last year.

Despite betting on the big language model Gemini training and infrastructure investment, the AI capital expenditure of $12 billion this season exceeded expectations by $1.7 billion. Closely related to AI, the growth of cloud business, which is regarded as Google’s next growth engine, is still accelerating rapidly. Revenue in the first quarter increased by 28.4% year-on-year to $9.6 billion, which was higher than the analyst’s expectation of $9.37 billion, and doubled the overall revenue growth rate for several consecutive quarters. Although it ranks third in the market share of cloud computing, it is still trying to catch up with Amazon and Microsoft, but it is finally on the right track of turning losses into wins.

"In the past eight months, we have released more than 1,000 new products and functions in the field of cloud computing. At the Google Cloud Next conference, more than 300 customers and partners talked about their success in artificial intelligence on Google Cloud, including global brands such as Bayer, Mercedes-Benz and Wal-Mart. " Google CEO Sandel Pichai said at the earnings conference.

And the credit still has to be given to AI. Like Microsoft, more and more enterprises seek to deploy AI load on public cloud, and Google Cloud also provides customers with various generative artificial intelligence services through the Gemini model. Recently, a new CPU「Axion "based on Arm architecture was launched, aiming at improving the efficiency of cloud computing and reducing operating costs, and further strengthening Google’s competitiveness in the cloud market. Polat, CFO, stressed that "artificial intelligence is making an increasing contribution" to the sales of Google’s cloud division.

Pichai also believes that the transformation of artificial intelligence is a "golden opportunity", and the company is racing against time to integrate this technology into the whole business.At the Google Cloud Conference earlier this month, everything revolved around generative AI, further opened and optimized Gemini 1.5 Pro, and officially launched its own most powerful and expandable AI accelerator TPU v5p P.

In addition, the core advertising industry has also achieved steady improvement this quarter. Total revenue was $61.6 billion, a year-on-year increase of 13%. Among them, Google search and other advertising revenue was 46.2 billion US dollars, and YouTube advertising revenue was 8.1 billion US dollars, both of which achieved double-digit growth.

However, for Google, which is still positioned as a "search giant" in the market, the boost of generative AI may be a double-edged sword: on the one hand, Google is exploring new income channels such as advertising placement, independent subscription service and enterprise authorization through AI tools such as Gemini to adapt to market changes and needs. On the other hand, improving the generative search experience may affect the original advertising profitability. At the same time, the rookie of AI search engine represented by Perplexity also faces potential challenges.

In fact, compared with Microsoft and Meta, Google has not had an easy time these months. First, Gemini’s image generation function was forced to withdraw from the market because of racial discrimination, which once triggered a controversy about whether Pichai was qualified as CEO of Google. After paying a large amount of severance pay for layoffs, this week, 50 employees protesting against the company’s signing of a cloud computing contract with Israel were fired, causing internal riots.

In the midst of disputes and challenges, this beautiful financial report comes at the right time. Not only has it greatly boosted market confidence, but it also shows that Google has found the right direction in the AI ? ? era. With the recent reorganization of the artificial intelligence department and more attention to product speed, Google’s performance in the second half of the year is still expected.

After experiencing the "efficiency year" of business focus adjustment, department reorganization, artificial intelligence and layoffs and cost reduction, Meta made a beautiful turnaround with a revenue of 40.1 billion US dollars in the last quarter. The share price has soared by 140% in the past 12 months, far exceeding Google’s 50% and Microsoft’s 35%.

In this 2024 Q1, the social media giant, which just released a new generation of open source model Llama3, continued to reap the most brilliant first-quarter performance in history, with revenue and profit higher than Wall Street’s expectations.

The data shows that Meta’s total revenue in the quarter was US$ 36.46 billion, a year-on-year increase of 27%, the fastest growth rate in three years. Net profit increased by 117% year-on-year to US$ 12.37 billion, and diluted earnings per share was US$ 4.71, more than double that of US$ 2.2 in the same period last year.

Among them, advertising business is still the core income source of Meta, and the results are gratifying. It increased by 27% year-on-year to $35.64 billion, accounting for nearly 98% of the total revenue. The daily users of FoA increased by 7% year-on-year to 3.24 billion, and the advertising exposure also increased by 20%.

This is mainly due to the application of artificial intelligence technology, which significantly improves the accuracy of targeted advertising. According to Meta, at present, more than half of their advertising recommendations are driven by AI.

After falling to the bottom in 2022, Meta tried to regain the market share of digital advertising. Zuckerberg then launched an initiative to reorganize the advertising business, with the focus on using AI. Susan Li, CFO, once said that the company has been investing in AI models that can accurately predict user-related advertisements and tools that automate the advertising creation process.

In terms of software, Meta recently presented the "GPT-4 level" open source AI model king Llama 3, defeated Gemini 1.5 and Claude 3 in a number of benchmark tests, and upgraded the potential training parameters to 400B b. Widely used in different platforms and scenarios, and vowed to wash off LLM companies and API suppliers with free commercial blood. At the same time, Meta AI is integrated into family applications such as Facebook, Instagram, WhatsApp and Ray-Ban smart glasses to provide users with more flexible and diverse assistant functions.

In terms of hardware, like every colleague who doesn’t want to be stuck, Meta not only stepped up the storage of NVIDIA chips, but also released the latest version of Training and Inference Accelerator (MTIA). Using TSMC’s 5nm process, focusing on strengthening AI reasoning, it is specially designed for the ranking and recommendation system of its social software, and its performance is three times higher than that of the previous generation. They also developed a large rack-mounted system that can accommodate up to 72 accelerators to support self-developed chips. Now they have been deployed in the data center of Meta to complement the commercial GPU.

With the cooperation of AI software and hardware, overseas retailers from China, such as Temu and Shein, also added a fire to Meta’s performance with huge investment in Facebook and Instagram advertisements. And with the approaching of the US presidential election in 2024, political advertising has surged. According to the latest forecast of AdImpact, this year will be the most expensive election cycle in American history, and the advertising expenditure is expected to reach 10.2 billion dollars.

At the same time, due to the annual efficiency adjustment plan, Meta laid off nearly 10% of its employees, and the total number of employees was 69,329 as of March 31, 2024.

In stark contrast to streamlined operations, Xiaozha’s more drastic artificial intelligence layout. In the face of the growing AI war in Silicon Valley, Meta raised its capital expenditure from the expected $30 billion to $37 billion to $35 billion to $40 billion in 2024 to "accelerate infrastructure construction to support the company’s AI roadmap" and continue to compete for top AI talents with high salaries to join the company’s technology research and development.

In addition, he seems to have a "obsession" with the meta-universe, saying that he will continue to invest in long-term goals and "build a virtual world full of incarnations." It should be noted that although the revenue of Reality Labs, which is responsible for VR/AR/MR and Metauniverse development, increased year-on-year, it still lost $3.8 billion, and the total loss has exceeded $45 billion since the end of 2020.

Various unstable factors, together with expanding AI expenditure and a lower-than-expected revenue outlook for the second quarter, have caused the market to worry about Meta’s future sustainable profitability. Despite handing over a super-bright performance answer sheet, Meta’s share price still fell.

And this does not seem to shake Zuckerberg’s determination to push AI. Just as the stock price is diving, the financial report phone will be opened as scheduled.

He firmly told investors that he would spare no expense to build Meta into "the world’s leading artificial intelligence company". It also revealed that Meta is actively exploring a variety of AI revenue-generating strategies, including providing enterprise-level services, introducing advertisements into AI interactions, and allowing people to pay for larger AI models and more access to computing resources. AI has also helped Meta to increase application participation, thus allowing more advertisements to be seen and directly improving advertisements to bring more value.

However, Xiaozha also bluntly said, "Building a leading AI will be a more arduous task than optimizing the application experience, and it may take several years."The implication is that although the long-term value of taking AI is full, don’t expect it to make big money immediately. The words directly scared the market to collapse. Meta’s share price plummeted by 18% after hours, and its market value shrank by nearly $200 billion.

This unexpected trend just reflects the current general attitude of Wall Street towards artificial intelligence: compared with a lot of AI investment, the market wants to see the balance between expenditure and growth, and looks forward to a clearer monetization signal.

However, for Meta, fully embracing AI technology and then applying it to social networks, advertising, metauniverse, wearable devices and other fields, even if it takes several years to turn into considerable profits, it is also determined to pay and wait. Zuckerberg blocked his future this time, and he won’t go back when he opens his bow.

Unlike Meta, which was plunged by the Nasdaq market, Microsoft gained momentum after its financial report was released. It rose by 5% after hours, and overtook Apple for the nth time to become the highest value company in the world.

As the first commercial track leader to bet on generative artificial intelligence, Microsoft’s performance is still firm, and all business indicators have exceeded expectations:

The total revenue was $61.86 billion, up 17% year-on-year, exceeding the previous official guideline of 14.5%. The net profit was $21.94 billion, up 20% from $18.3 billion in the same period last year. The adjusted earnings per share was $2.94, higher than the market expectation of $2.82.

Driven by the strong demand of AI, Intelligent Cloud, including Azure public cloud, Windows server, voice recognition software Nuance and GitHub, continued to live up to expectations, with revenue increasing by 21% year-on-year to $26.7 billion, higher than the market expectation of $26.25 billion. The growth rate was the highest in five fiscal quarters, and it also surpassed rivals Amazon AWS and Alphabet Google Cloud.

Among them, Azure and other cloud services increased by 31% year-on-year, and 7 percentage points came from AI contribution.

In this regard, CEO Nadella pointed out in a conference call that "Azure has become the center of AI projects, involving not only AI models, but also databases and other services. Many customers are using Microsoft platforms and tools to build their own AI solutions:

More than 65% of Fortune 500 companies are using Azure OpenAI service, and GitHub Copilot for developers has 1.8 million paid subscribers. 30,000 customers use Copilot Studio low-code tools to customize their own Copilot. "

In addition to intelligent cloud, since this is the first full quarter since Microsoft launched 365 Copilot generative artificial intelligence assistant to commercial customers last November, the market is also very concerned about the sales performance of Office suite.

Nadella said that Copilot has embedded the latest technology of OpenAI into Microsoft’s entire product line to provide customers with various value-added services. The data shows that the revenue of productivity and business process departments increased by 12% year-on-year to $19.6 billion in this quarter, of which the revenue of Office 365 increased by 15%, and the number of paid subscribers has reached 80.8 million. It is expected that it will continue to achieve steady growth in the next fiscal quarter-which shows that Microsoft has a solid foundation and remarkable achievements in the commercialization of AI software.

In addition, thanks to the acquisition of Activision Blizzard in October last year, Microsoft’s personal computing revenue, including game business, also achieved double-digit growth to $15.6 billion, and Xbox performance increased by 62% year-on-year.

Nadella confidently said: "Microsoft is leading a new era of AI transformation, bringing better business results to various roles and industries."

Since the beginning of this year, Microsoft has been making great moves in the field of AI. On the eve of the financial report, an exciting news was announced: on the basis of the 2020 cooperation agreement with Coca-Cola Company, we will continue to sign a five-year strategic contract worth $1.1 billion. Help it achieve further digital transformation through Microsoft Azure Cloud, Microsoft 365 Copilot tools and leading generative artificial intelligence technology.

Last week, Microsoft’s artificial intelligence empire expanded to the Middle East for the first time: it invested $1.5 billion in G42, an AI company in the United Arab Emirates, and obtained its minority stake and board seats. Meanwhile, G42 will run its AI applications and services on the Azure cloud computing platform.

In the layout of the big model, after spending $13 billion on OpenAI, Microsoft also decided not to spoil ChatGPT alone, but to open up more possibilities. In February, it was announced that it had reached an in-depth cooperation with Mistral AI, a French star AI startup, investing 150,000 euros and providing computing infrastructure to assist in large-scale model training and reasoning. Mistral has also become the second commercial closed-source model supplier of Microsoft besides OpenAI.

In March, after leading the latest round of financing for the artificial intelligence unicorn Infection AI, Microsoft directly poached its two co-founders and most of its technical staff. Mustafa Suleyman, the former CEO of Influence, was appointed as the CEO of Microsoft AI, a newly established artificial intelligence department, responsible for integrating consumer toC products, including Copilot, Bing and Edge, and reporting directly to Nadella. Another co-founder Karen Simonyan joined as the chief scientist. One operation not only obtained the authorization of Influence technology, but also completed the talent acquisition of "hollowing out" level, which once shocked the industry.

In terms of hardware, in addition to introducing two new Surface as the next generation AIPC, Microsoft is also developing a new network card similar to NVIDIA ConnectX-7 to support the self-developed Maia 100. It also plans to hoard 1.8 million AI chips by the end of this year and triple the number of GPUs. Significant progress has also been made in building a data center worth up to $100 billion with OpenAI and building a supercomputer called "Stargate".

Bet on a number of mainstream large model development teams, make great strides in data processing capabilities, coupled with the stronger technical advantages after the launch of GPT-5, Microsoft has a stable position in the Jianghu.

Looking at the new round of financial performance of Meta, Alphabet and Microsoft, it is not difficult to see that generative artificial intelligence has penetrated into all aspects of the business pipeline and become the core engine driving enterprise growth.

Microsoft’s success is particularly typical, with a number of AI software and hardware forward-looking layout firmly in the top spot, and various businesses take off at high speed.

Although Meta’s huge AI investment makes investors jumpy, it is still unknown whether it can realize commercial profit as soon as possible, but the advertising revenue boosted by AI has achieved initial results. With Llama’s big model and computing power blessing, Zuckerberg’s determination and ambition to build a global AI leader should not be underestimated.

As for big brother Google, it finally found its own rhythm in the AI ? ? war. Weapons such as Gemini and TPU have sharpened their swords and are ready to accelerate the search for new growth points in the AI wave.

The judgment of the three giants on the development direction of artificial intelligence is surprisingly consistent, and they all offered a gamble of real money to invest in this future technological change. Standing on the cusp of the times, how high and how far AI can finally take them, the eyes of the global technology industry will look here.

(The cover picture is from Josh Edelson/AFP via Getty Images)