Pastoral poetry paints a beautiful country (economic focus)

                                                                                                                                               

  Landscape of Lingnan Land and Pastoral Complex in Doumen District, Zhuhai City, Guangdong Province.
 Photo by Liang Songhui (People’s Vision)

  The experimental construction of pastoral complex is a starting point for promoting agricultural and rural modernization and rural revitalization. Adhere to agriculture-oriented, government guidance, market players, and exploration and innovation. At present, pilot projects in various places are being promoted in an orderly manner. Farmers participate, farmers enjoy, and give play to their pioneering spirit. Liuyang, Hunan Province drives farmers to increase their income and get rich through pilot projects; Aiming at high quality and establishing a diversified investment pattern, the competitiveness of modern agricultural development in Shaoxing, Zhejiang and Dujiangyan, Sichuan has been continuously improved … … After the end of 21 pilot projects, in 2021, the Ministry of Finance launched 13 new pilot projects in 13 provinces, and the pilot project of rural complex construction entered a new stage.

  — — Editor

  In 2017, the No.1 Document of the Central Committee proposed to support conditional rural construction, which takes farmers’ cooperatives as the main carrier, allows farmers to fully participate and benefit, and integrates circular agriculture, creative agriculture and farming experience. In that year, the Ministry of Finance launched 15 national-level rural complex construction pilots in some provinces in accordance with the three-year plan and annual implementation.

  According to the Strategic Plan for Rural Revitalization (2018— 2022) On promoting the pilot deployment of rural complex construction, in 2018, the Ministry of Finance launched six new pilots in three provinces. At present, 21 pilot projects have been completed, and the central government has arranged 1.68 billion yuan. In 2021, the Ministry of Finance launched 13 new pilot projects in 13 provinces, and the pilot project of rural complex construction entered a new stage.

  Strengthen the top-level design of policies and promote the orderly development of pilot norms.

  Among the mountains and peaks, the development of eco-agriculture in liyang city, Jiangsu Province is in full swing. "Relying on the colorful Caoshan national pastoral complex, the blueberry festival we held was very effective, and the orders for online live broadcast were full." Yu Qinggui, chairman of Bailushan Ecological Agriculture Development Co., Ltd. said.

  "Modern agriculture is changing from traditional production agriculture to functional agriculture. The construction of the pastoral complex project integrates the strengths of the government, the market, farmers and other parties, opening up more space for rural development and stimulating the vitality of rural development. " Tian Chunhua, chief accountant of liyang city Finance Bureau, said.

  — — Strengthen policy creation and standardize development.

  "Planning requires a blueprint to be drawn to the end." Mun-song Kim, director of the Rural Economic Research Center of the Ministry of Agriculture and Rural Affairs, said that the national-level rural complex construction pilot, relying on agricultural resources, industrial base, characteristic villages and traditional culture, and taking agricultural comprehensive development projects as the starting point, improved the functional systems of production, industry, management, ecology, service and operation, and realized the "three-step coexistence" of production and life ecology, "three-industry integration" of primary, secondary and tertiary industries and "trinity" of agricultural cultural tourism.

  According to reports, the central government gives appropriate support through relevant channels, and the specific policies for pilot construction projects and management are determined by local independent research, reflecting the integrity, systematicness and coordination of project construction and comprehensively improving the overall efficiency of the pastoral complex.

  The person in charge of the Department of Agriculture and Rural Affairs of the Ministry of Finance said that adhering to the principle of "agriculture-oriented, government guidance, market subject, exploration and innovation", the pilot project of rural complex construction was promoted in an orderly manner.

  According to the requirements of the Ministry of Finance, the pilot should be in areas with relatively complete agricultural and rural infrastructure, superior agricultural ecological resources, obvious advantages of characteristic industries, high enthusiasm of rural grass-roots organizations and market players, large self-financing investment by developers and good foundation for comprehensive rural reform. Based on the advantages of resource endowment, It integrates smart agriculture, creative agriculture, farming experience, etc., and integrates agricultural, cultural and educational tourism to build a rural pastoral complex with excellent ecology, beautiful environment, prosperous industry, hot consumption, rich farmers and famous brands. In 2021, the central government has allocated 650 million yuan to support local pilot projects.

  Promote farmers’ employment and income, promote the effective transformation of ecological resources, and prevent cultivated land from being "non-grain" and "non-agricultural"

  In the middle of winter, the pastoral complex in Yong ‘an Town, Liuyang City, Hunan Province is a lively scene. Zhou Xianghua, a villager in Lutang Village, welcomed several groups of tourists to his home. The family was busy guiding tourists to taste and buy homemade special foods, and sold more than 100 copies in most of the day.

  "Now I’m selling specialty foods at home. I’m not as tired as I used to go out to work. I can also take care of my family and earn more." Zhou Xianghua’s joy permeated his face. His family also vacated a large room, renovated according to unified standards, and became a member of the local theme homestay.

  The starting point and the end result of the pilot construction of pastoral complex are to increase farmers’ employment and income. Since the pilot project of "Liuyang Story Dream Painting Pastoral" in Liuyang City was launched in October 2017, all levels of finance have invested a total of 123 million yuan, driving social capital investment of 215 million yuan to promote the deep integration of agriculture and industry, cultural tourism, health care and e-commerce.

  Zhu Zifeng, director of the Finance Bureau of Liuyang City, introduced that through the guidance and support of financial capital shares, village collectives, cooperatives and enterprises were promoted to form new rural business entities, and the two key functional areas were built to drive more than 700 farmers to find jobs and the per capita annual income reached 50,000 yuan.

  The head of the Department of Agriculture and Rural Affairs of the Ministry of Finance said that it is necessary to improve the interest linkage mechanism that benefits farmers and drive farmers to increase their income and get rich.

  "The pilot project of rural complex construction involves thousands of farmers. Only when farmers take the initiative to participate can the rural complex have vitality." He Shulin, director of the Agriculture and Rural Affairs Bureau of Baoshan City, Yunnan Province, said.

  Song Hongyuan, Dean of Rural Revitalization Research Institute of Huazhong Agricultural University, said that the pilot construction of rural complex should promote high-quality and high-efficiency agriculture, further promote the greening, high-quality, characteristic and branding of agriculture in combination with the positioning characteristics of rural complex, promote the effective transformation of ecological resources, prevent the "non-food" and "non-agriculture" of cultivated land, give full play to farmers’ initiative and stimulate the endogenous motivation of rural complex construction.

  Aim at the high-quality development of agriculture and rural areas and solidly promote rural revitalization.

  In Shaoxing city, Zhejiang province, Wang Haoping, director of the Municipal Bureau of Agriculture and Rural Affairs, said: "The pilot construction of the pastoral complex reflects the orientation of giving priority to the development of agriculture and rural areas."

  Lizhu Town has 6 specialized flower villages, more than 250 flower enterprises, 40,000 mu of flower and tree bases and 2,900 varieties of green seedlings and famous orchids. In the next few years, Lizhu Town will make every effort to promote the steady development of the pilot projects, and build "Flower Fragrance Lizhu" into an idyllic complex integrating leisure agriculture cluster development zone, beautiful new home suitable for industry, living and traveling, high-quality and efficient ecological agriculture model zone, and high-level demonstration zone for building a well-off society in an all-round way.

  Further improvement of management is an inevitable requirement to improve the competitiveness of pilot development. The relevant person in charge of the Department of Agriculture and Rural Affairs of the Ministry of Finance said that the pilot project of rural complex construction should follow the principle of "government guidance and market subject", and the state should support characteristic areas with foundation, advantages, characteristics, scale and potential, and promote the pilot construction according to the structural reform requirements of agricultural supply side, and explore the effective path of transforming green mountains and green hills into Jinshan Yinshan according to local conditions.

  Entering Tianfuyuan Garden Complex in Dujiangyan City, Sichuan Province, the canal system of kiwifruit export demonstration zone is being irrigated. "What is built here is a comprehensive development model integrating modern agriculture, leisure tourism and rural communities, giving full play to the guiding role of financial funds and innovating a new pattern of investment and financing." Liu Gang, director of Dujiangyan Finance Bureau, said.

  The relevant person in charge of the Department of Agriculture and Rural Affairs of the Ministry of Finance said that the financial department has made good use of the existing agricultural support policies and actively coordinated funds from various channels to support the construction of rural complexes. Actively play the guiding role of financial investment, comprehensively use the methods of building first and then making up, making up with awards and guaranteeing subsidies, explore and promote the cooperation between government and social capital, incite financial and social capital to invest in the construction of pastoral complexes, and promote the establishment of a diversified investment pattern.

  If the nation is to be revived, the countryside will be revitalized. Under the leadership of the CPC Central Committee with the Supreme Leader as the core, agriculture will be upgraded in an all-round way, rural areas will be improved in an all-round way, farmers will be developed in an all-round way, and the pilot project of rural complex construction will usher in a better tomorrow.

No doubt! This year’s National Day file is the most neglected good movie!


Special feature of 1905 film network "The film arrangement is too low". After the animated film was released, many netizens expressed such feelings. 


Abominable, the first original animated film of Oriental DreamWorks, was jointly created by Oriental DreamWorks and American DreamWorks Animation.


Under the upsurge of three major gift films sweeping the National Day archives, the topics and popularity of the films are slightly insufficient. As of October 5, the film’s five-day box office reached more than 70 million, which was not as good as expected.


Despite the poor box office, the word-of-mouth achievements of Cat’s Eye 9.4, Taobao Film 9.1 and Douban 7.4 are quite eye-catching, and the performance of overseas markets is in sharp contrast with that of China. After landing in North America on September 27th, the film won the first weekend box office title in North America. The freshness of rotten tomatoes is 80%, and the popcorn index is 96%. These data are enough to show the quality and level of this Chinese-foreign co-production animation.


Is Abominable the most underrated work in this year’s National Day archives? In addition to box office and word of mouth, the Chinese-foreign co-production mode it presents and its influence on the local animation film industry in China are actually the most important aspects to be discussed.


Chinese and foreign co-produced animated films are not popular?


 In 2016, "Kung Fu Panda 3" created a box office of 1 billion in mainland China, occupying the top spot in China animated film box office for three years, and it was not until this summer that it was won by "Nezha".


The emergence of Kung Fu Panda 3 has led to the rise of Chinese and foreign co-production animation, with a large number, but the box office and quality have been "sluggish". Among the top ten Chinese and foreign co-produced animated films at the box office, only three have exceeded 100 million.


Although Kung Fu Panda 3′ s billion-dollar scale far exceeds other rivals, its success largely depends on the accumulation of IP fans of the previous two series.


Looking at the evaluation, half of the works on the list are below the passing line on the Douban platform.


Therefore, if we compare these ten co-produced animated films horizontally, the achievements of Abominable are not bad now.


Before "Abominable", this year’s co-production animation was also released. The film was originally scheduled to be released last year and was postponed until July this year. Another co-production animation has also changed its schedule four times, and now it has been postponed to October 13th.


It can be inferred from the achievements of Future Machine City that the finished product of Ugly Doll, which was also co-produced by Alibaba Pictures, is not expected to be very satisfactory.


The douban scores of "Future Machine City" and "Ugly Doll" are also below 6.

 

What’s the problem?

 

China only invested capital and did not participate in the production; The Chinese team’s participation in content creation is very shallow; Inaccurate audience positioning; The story is routine and younger; Problems in the cooperation mechanism are the reasons why these co-produced animations have not been favored by the market and the audience.

 

By chasing light animation and Warner Bros. together, it is a more successful co-production animation in recent years.


The light-chasing animation, which has always focused on creating family fun, has been created from China fairy tales after successive encounters and failures of other works.


Warner Bros. put forward targeted opinions on stories, editing, personnel design and commercial selling points during the production process. For example, the role of "puppy" was added to strengthen the comedy elements, and it was especially suggested to design a wonderful bridge of Little Fox Fairy.


Little fox fairy stills

 

The success of "White Snake" benefits from the continuous improvement of Chinese creation in the co-production mechanism. The story is also different from many previous co-production animations. It is not the traditional "general mobilization" adventure family fun, but draws nutrition from China fairy tales and adapts it.


The story of Abominable takes place in present-day China.

 

"Abominable" still chooses the type of family fun, and puts the main story world in the present China, and all the contents should be original.

 

So, how did the animation produced by Fang Dongfang DreamWorks and American DreamWorks create a mutually acceptable China story? In the interview with the main creator, we not only got the answer, but also found that this co-production is closer and deeper than many previous co-produced animated films.


Is there a new atmosphere in the production mode of Abominable?


"Abominable" tells the story of Xiao Yi, a little girl from China, and her friends, A Jun and pengpeng, crossing the motherland for 3,000 kilometers and escorting the snowman "Da Mao" back to his hometown of Mount Everest to reunite with his family.


According to Zhou Peiling, producer and chief creative officer of Oriental DreamWorks, the preparation of the film began in 2012, and the strategic decision-making and specific creation were discussed and decided by both teams.

 

"The whole artistic creation team is basically in Shanghai, and the post-production is mainly in the United States," Zhou Peiling revealed. The only challenge is the time difference. "Today, people here finished and handed it over to people on the other side of the world, so we joked that someone was working on this film for 24 hours, which turned the disadvantage into an advantage."

 

At the same time, Zhou Peiling will also hold regular weekly meetings with American executives and behind-the-scenes personnel to exchange ideas and listen to them, and then complete the production step by step through repeated revisions.


Producer Zhou peiling

 

The film mainly expresses the theme of returning to the family. jill culton, the director and screenwriter, said frankly that "China culture emphasizes the importance of family more than American culture". Therefore, along with the main plot of the snowman going home, they also set up the auxiliary line of the relationship between Xiaoyi and his mother and grandmother from estrangement to bridging, trying to make more China audiences feel empathy and substitution.


Co-director jill culton and Todd Vildman

 

In addition to the balanced transmission of values, compared with many previous co-productions of animation, the localization of "Abominable" is indeed more steady and steady.

 

Although the traditional "adventure" narrative mode is adopted like many family animation, the film is integrated with the unique scenery of China, such as Qiandao Lake, Huangshan Mountain, rape field, Leshan Giant Buddha, etc. These magnificent mountains and rivers have not been reduced to simple background boards or postcards, but have become story scenes to promote the effective progress of the film.


"When I started writing the script, I had a map of China in front of me. The story originated in Shanghai and the final destination was in Himalaya. The distance between the two places was 3,000 kilometers, so I was looking for scenic spots in this distance." jill culton told us that due to the length of the film, I originally wanted to put three or four more scenic spots, including Rainbow Beach and Blue Waterfall.


In addition, she and her team also insisted on not letting go of world-famous China monuments such as the Great Wall, "because everyone knows the Great Wall, but not everyone knows Leshan Giant Buddha."


Leshan Giant Buddha is an important scene in Abominable.

 

In order to create a more authentic "China flavor", Oriental DreamWorks provided more input and support in details, including the street environment of Shanghai, the overall appearance of residential buildings, Chinese’s food culture, table manners and so on, from which the Hollywood production team also got a lot of inspiration.

 

As Carlton said, "In the previous version, everyone threw away metal cans on the road, but Oriental DreamWorks told us that there was no such rubbish, so we deleted all these metal cans."


Chinese consultant directorShuhuan

 

The screenwriter Shu Huan is the Chinese consultant director of the film. He joined the team when the film was about 70% completed. On the one hand, his job was to adjust the localization details.


He suggested adding billboards unique to China, such as "cram school for college entrance examination", and adding food landscapes with China characteristics, such as Shaanxi snacks and Shaxian snacks, "to make the whole story more like the present China".


In the role design, both teams have also made great efforts. Co-director Todd Vildman said that in order to make the character of Grandma more authentic, China has given many suggestions.

 

"Grandma is very nagging. Xiaoyi doesn’t want to listen. Will she close the door or keep it in front of her, or how much? How much is this? These are all to be discussed together." Producer Zhou Peiling also mentioned such creative details to us about the display of characters’ psychology and behavior.


Not only in the content production level, the film also launched a Mandarin version for China audiences, with Zifeng Zhang, Chen Feiyu, Cai Ming, Wan Qian, etc. as dubbing, and Shu Huan was also responsible for dubbing and directing. This dubbed version of Mandarin will also land in the North American cinema, which is the first time in the North American film market.

"Many expressions in the English version are American, but the audience in China will know at a glance that this is not Chinese’s way of speaking." Shu Huan revealed that in order to conform to Chinese’s communication style and expression habits, he helped to adjust many Chinese dialogues to make them more grounded. However, it is also a pity that the film did not specifically change the mouth shape of the characters for the Chinese version.


Four voice actors

 

It can be seen that from the upstream to the downstream, from the plot, the theme, the details of the scene, the character design and the dubbing release, Abominable tries to be close to the local reality of China and meet the needs of China audiences.

 

"China audiences know more and more about movies now," said Zhou Peiling. The reason why many Chinese-foreign animated films have failed is that the market positioning is unclear and the stories are mechanically copied. "Maybe it was only aimed at overseas markets at first, and suddenly it was necessary to join the characters and plots related to China in the China market, which is very unnatural and unsmooth."


The key to the success of Chinese and foreign co-productions lies in finding a universal story with cultural value, highlighting the elements of China, bringing forth the new, and achieving a win-win situation in an effective cooperation mechanism.

 

Both director Carlton and director Shu Huan emphasized that Abominable is not a Hollywood story, but a story suitable for the whole world, and that the China market is not the whole story. The film should not only show the beauty of China culture, but also start from China, aim at the global market and finally go to the world.


What does co-production bring to China native animation?


Looking to the future, there are a large number of Chinese and foreign co-produced animated films on the road. Oriental DreamWorks and American DreamWorks Animation will jointly launch the "Oriental Dream Trilogy": "Abominable" is the first one; The second "Running to the Moon" will be completed next summer and is scheduled to be released in autumn. The third part is the Monkey King, which was developed by Stephen Chow, and it is also in the preparatory stage.

 

In addition, the Legend of the Erect Elephant (China, New Zealand), Animal Secret Service (China, France) and Dragon Keeper (China, Spain) will also appear one after another.


Zhou Peiling introduces the Chinese-American co-production animation "Running to the Moon"


"Use our script story, Hollywood production management experience and excellent animation technicians from all over the world". In Shu Huan’s view, such a global production system can be the main creative direction of China animated films in the future. "Let’s work together. After coming out, 80% is not good, 10% is good, but 10% is explosive, so every little makes a mickle."

 

With the increasing number of co-produced animated films, we have reason to believe that the mode of co-production will be deepened, the quality of animation will be more mature, and the continuous accumulation of co-production experience will also benefit the creation and development of local animation in China.


Chinese and foreign co-production animation to be released in the future


Nezha, White Snake: The Origin, etc. are all born out of China’s fairy tale system. At present, adventure family fun is more in line with the mainstream of world animation films, but the quality of this type of animation independently produced by China still needs to be improved.

 

The appearance of "Abominable" is not only a co-production animation in the future, but also provides corresponding reference for the creation of domestic animated family movies.


Zhou Peiling said that the benefits of co-production can help local animation filmmakers in China learn foreign production methods, story content and animation technology, and also help China’s animation industry gradually realize industrialization and scale, and further expand the international market.

 

Looking forward to the future, China native animation can become the earliest and fastest film genre among all films in China, as predicted by Shu Huan.


Go straight to Guangzhou Auto Show | Push the new car of "Scene Building" again, the world premiere of Extreme Fox Alfa T5.

Beijing News Shell Financial News (Reporter Zhang Bing) "Alpha T5 is positioned as a gift for itself and the whole family, and this positioning determines the scene requirements of Alpha T5." On November 17th, Dai Kangwei, Party Secretary and General Manager of BAIC New Energy, said at the Guangzhou Auto Show that the new car was positioned as a pure electric SUV with a battery life of 660 kilometers and 800V high-voltage overcharge.

In January of this year, Beiqi Blue Valley launched a new car polar fox koala specially designed for parent-child travel, which became its first attempt to build a car driven by scenes. In September this year, Dai Kangwei revealed that the polar fox koala has received 5206 orders since the pre-sale.

Editor Bai Huabing proofreads Lin Zhao.

Sancha capital market, Xiaomi’s optimistic smart driving company went to Hong Kong for IPO.

Author | Li Lan

Edit | Chapter Ripple

On March 30, three years ago, officer Lei announced to build a car. One hundred days later, Xiaomi led nearly 20 supply chain manufacturers such as Zongmu Technology, a smart driving solution provider.
As one of the first companies to invest and bet after Xiaomi entered the car, on March 28, 2024,On the day when Xiaomi’s first car, SU7, went public, Zongmu Technology also formally submitted a prospectus to the Hong Kong Stock Exchange, intending to list the main board.
This is the third listing of Zongmu Technology.
In January 2017, Zongmu Technology was listed on the New Third Board and delisted in December of the same year. The reason given was "needed for the adjustment of the company’s operation and development strategy".
In November 2022, Zongmu Technology science and technology innovation board’s IPO application was accepted by the Shanghai Stock Exchange, and it planned to raise 2 billion yuan, but in September 2023, it chose to withdraw its listing application in science and technology innovation board.
Now,Vertical scientific and technological choiceGive up science and technology innovation board and launch a sprint to the Hong Kong Stock Exchange.
fromAccording to the prospectus,Zongmu Technology has been more cautious in its wording this time, and put more emphasis on products. At the same time, before applying for IPO, it also carried out a series of "light" actions.
asThe "veteran" who broke into the capital market for the third time doesn’t know.Can the listing of Zongmu Technology go smoothly this time?
01
The financial report has improved, and the business is exploring.
The most eye-catching part of the prospectus is that the gross profit margin has finally turned positive.
Compared with the unprofitable situation in November 2022, Zongmu Technology has achieved a positive gross profit margin. From 2021 to 2023, Zongmu Technology’s gross profit margin was -8.9%, -3.5% and 3.5%, respectively, corresponding to a gross profit of-20.07 million yuan,-16.29 million yuan and a profit of 17.33 million yuan. Revenue has a steady growth with a compound annual growth rate of 48.7%.

Moreover, the cash flow of Zongmu Technology has also become stable. According to the prospectus, there is still a lot of room for fault tolerance. As of January 31, 2024, Zongmu Technology had 33.2 million yuan in cash assets, leaving 1.19 billion yuan in unused bank facilities.
How did Zongmu Technology achieve "rebirth"?A lot of factors benefit from the continuous growth of the market as a whole.
Before the real commercialization of L4 comes, L2+ has the widest application prospect, among which, the "integrated operation and parking" has the highest cost performance. According to the monitoring data of the Institute of Advanced Technology Intelligent Automobile, in 2023, 3,504,800 new cars with automatic parking were delivered as standard in China market (excluding import and export), up by 22.10% year-on-year.
According to the data in the prospectus, in 2022, about 20% of the ADAS solution market for passenger cars in China will be automatic parking. Among them, APA solutions account for more than 80%. Based on the corresponding income in 2022, Zongmu Technology is the second in China and the first in China respectively.
At present, most parking and parking integrated solutions in the market are actually designed and integrated based on the 1.0 architecture, which simply combines the driving SoC and the parking SoC into one box. The biggest technical moat of technology is that only a single SoC can solve the two problems of parking and parking.
Although three of the top five automatic parking APA schemes are foreign suppliers,However, domestic suppliers have the advantage of being "close to the water", which is convenient to provide personalized customized services to domestic new energy vehicle enterprises. The market share of domestic suppliers has increased from less than 5% in 2018 to 16.7% in 2022, and it is expected to exceed 25.0% in 2027..

According to the data of burning knowledge consulting, in terms of sales revenue in 2022, the ranking of the company among mainland suppliers in China is as follows: Zongmu Technology ranks fifth in the ADAS market with a market share of 1.0%; Ranked second in the automatic parking solution market, with a market share of 4.9%; Ranked first in APA parking solution market, with a market share of 5.6%.
According to the prospectus,AVP and APA platforms have been used in 28 models, and the energy service robot for intelligent mobile energy solutions is equipped with L4-level autopilot function supported by Drop’nGo platform..
From the most basic composition, the products of Zongmu Technology can be divided into two main directions:First, intelligent driving hardware and solutions, including domain controller and camera, 4D millimeter-wave radar, ultrasonic radar and other gauge sensors; Second, provide research and development services related to autonomous driving.
The hardware part is divided into three products,That is, panoramic surveillance camera, automatic parking assistance function and autonomous parking function, which respectively correspond to three scenes: car panoramic "reversing radar", automatic parking in the car and remote parking outside the car..
A domain controller is a computer that manages specific vehicle functions or fields, such as active safety, automatic driving, parking or parking. The controller of Zongmu Science and Technology Domain collects data from sensors around the vehicle (including radar, camera and ultrasonic sensor) to build a model of the surrounding environment. The software algorithm embedded in the domain controller will then determine the appropriate action of the vehicle according to the model. Moreover, Zongmu Technology has also developed a separate software algorithm, which can be delivered as a comprehensive software embedded hardware product or as an independent software product.
Finally, the computing platform of Zongmu Technology provides the basis for all function iterations, and the Drop’nGo platform supports the development of intelligent driving functions from L0 to L4.
According to the prospectus, since its launch in 2017, the Drop’nGo platform has gone through several iterations, enhancing its multi-sensor data fusion capability, improving its adaptability to weather and lighting conditions, and expanding its application scenarios from indoor to outdoor.
The third generation of Drop’nGo platform can provide L2+ comprehensive intelligent parking function on passenger cars, and further empower energy solutions with L4 automatic driving function.
The hardware that science and technology can make money has changed year by year.
In December 2022, in the prospectus of Zongmu Technology,Describing himself as "one of the few first-class suppliers in China that can provide intelligent driving systems for automobiles, including L0-L4 intelligent driving control units and intelligent sensors", the importance attached to control units has declined.
From the perspective of income structure, Zongmu Technology mainly relied on car trajectory sensors for profit last year.
At present, the domestic self-driving auto market dominated by L2+ level still needs the second-gear APA integrated parking solution. According to the prospectus, the company is in a leading position in the market of ADAS, automatic parking and APA (automatic parking assistance system) parking solutions.

From the perspective of profitability, the highest gross profit margin is the R&D services related to autonomous driving. In 2021 and 2022, the gross profit margin reached 42.7% and 50.8% respectively. However, in 2023, there was a waist cut, only 18.6%. Looking at the technology, it is pointed out that this is mainly due to the increasingly fierce market competition and the increase in project complexity, resulting in increased costs.
From the data of the prospectus alone, although Zongmu Technology does not have much exponential growth, it still has extraordinary incremental space.

Moreover, there are more choices when getting through the depth of customers. As of December, 2022, the overall customer matrix is still relatively simple. Among them, Cyrus accounts for more than 50% of the revenue, and the top five customers account for nearly 90%. By 2023, the number one customer has dropped to 43.8%, the customer diversity has increased, and the ability to resist risks has also been significantly enhanced.
Zongmu Technology is also constantly adjusting its customer service mode, and the autonomous driving R&D service has received a large order. In December 2023, it successfully obtained the Amphiman 3000 fixed-point from Changan Automobile to support its new car platform for a series of models, and it is expected to be mass-produced in 2024.

However, Zongmu Technology is still at a loss.

From 2021 to 2023, the net losses of Zongmu Technology were 434 million yuan, 588 million yuan and 564 million yuan respectively, and the adjusted net losses were 382 million yuan, 477 million yuan and 516 million yuan respectively.The total net loss for three years exceeded 1.3 billion yuan.
Of course, Zongmu Technology also has an explanation for this persistent loss.Even similar to the contents in the prospectus required for listing in science and technology innovation board in 2022, the chip is too expensive.
According to Zongmu Technology,With the overcapacity of global chips, this adverse impact on costs will be significantly reduced in the future. After all, whether it is hardware upgrade or solution iteration, the core need is computing power..
02
High-profile financing, multiple IPOs
Zongmu technology has always been highly anticipated by the capital market.
In the latest shareholding structure, Hong Kong Zongmu is the largest shareholder of the company, holding 22.17% of the shares. As a concerted action, Tang Rui and his mother Li Xiaoling control 33.3% of the shares of the company through multiple entities. In addition, Junlian Capital holds 7.55% of the shares as the second largest shareholder, while Xiaomi Group, which has received much attention, ranks the fifth largest shareholder with 4.73% of the shares.

The earliest round of financing record of Zongmu Technology occurred in 2015. In the previous year, in 2014, Mobileye, the world’s largest ADAS manufacturer, landed on the New York Stock Exchange, which means that the track of ADAS has been verified and opened a financing channel for Zongmu Technology, which is on the same track.
In June, 2021, Zongmu Technology announced the formal completion of Series D financing with a cumulative amount of $190 million.. Among them, the D3 round was led by Xiaomi Changjiang Industrial Fund, and the investors included Fosun Chuangfu, Langtai Capital, Shanghai Kechuang, Industrial Bank, strategic investors Changan Automobile and Coboda Investment.
Zongmu Technology completed 9 rounds of financing before IPO, and the accumulated subscription amount reached 2.247 billion yuan. Among them, in the E round of financing in March 2022, Zongmu Technology raised 867 million yuan at the subscription price of 93.56 yuan/share, and the company’s valuation exceeded 9 billion yuan.
However, the financing journey of Zongmu Technology is always interrupted for various reasons..
Zongmu used to be very close to listing. On January 19th, 2017, Zongmu Technology was approved to be listed on the National Small and Medium Enterprise Share Transfer System (NEEQ) with the stock code of 870816. However, "considering the business strategy and compliance cost at that time, we adjusted the future development strategy". Less than one year later, Zongmu Technology completed the termination of listing on December 11th, 2017.
The vigorous Shanghai Stock Exchange in 2022 has almost become a reality. However, in the end, due to the development strategy and other reasons, Zongmu Technology voluntarily withdrew its previous A-share listing application, and the withdrawal was officially accepted on September 27, 2023.
In the meantime,There is also news from the pulse that Zongmu Technology has a saying that the salary of fresh graduates will be reduced by 20%.

It may be that the road to listing is not smooth and the top management has fluctuated.In February 2024,CTO Wang Fan joined Beidou Zhilian, and Wang Fan was one of the four core executives of Zongmu Technology. He started to build the Beijing Autopilot R&D Center, and completed the research and development of AVP1.0 in Zongmu Technology in 2017.
Fortunately, the new employee was the original team, and he was replaced by Jiang Weiping. He joined Zongmu Technology as early as 2013, and had previously worked in CSR Semiconductor Company and NVIDIA. Later, he left Zongmu Technology due to infighting and did not return to Zongmu until the end of 2022.
03
Go to the new track
On the premise that the APA market is saturated, Zongmu Technology tries to go further to the charging robot track.
In 2023, nearly 65% of Zongmu Technology’s revenue sources are car gauge sensors. Compared with technology companies, Zongmu Technology is more like a manufacturing enterprise. This may come from another manufacturing attribute of the founder, Tang Rui, CEO, who also founded Can Cong Robot.
In the official LinkedIn,The latest position of Zongmu Technology is the on-site operation and maintenance engineer of intelligent energy storage charging robot, and some positions are in Ningbo, mainly in Shanghai.

In late January of this year, Zongmu Technology and Can Cong Science and Technology launched the charging treasure in the automatic driving field and the low-speed fully automatic driving charging robot FlashBot. According to the prospectus,The first generation of FlashBot is equipped with 104 kWh storage capacity, which is one of the robots with the highest storage capacity among all L4-class self-driving energy service robots developed in the world.
Tang Rui said, "Can Cong robots are building a highly flexible mobile energy network to promote energy trading in a larger space-time range." At the application level, the most intuitive embodiment is to save electricity and money.
In December last year, two Flashbot were put into commercial operation in Zhangjiang Park, and an average of 272 kwh of electricity was purchased from the local microgrid every day, of which 185 kwh was sold back to the microgrid, and 87.5 kwh was used to provide charging service for new energy vehicles, with an average daily cycle of 2.6 times, which brought more than 12,000 yuan in income in that month, that is, the average daily net income of each device was close to that of 200 yuan.
Before the robot officially appeared, Zongmu Technology had actually been laying out its energy business.Zongmu Technology has also designed a set of SaaS software and a DragonNet program to maintain on-site operation. If the charging robot of Zongmu Technology can be commercialized, it may make some changes in the charging pile scene.
According to the data in the prospectus, from 2021 to 2023, the sales revenue of Zongmu Technology from wireless charging equipment and accessories for new energy vehicles was 129,000 yuan, 11.357 million yuan and 437,000 yuan respectively.
In addition, as an "external charging treasure" loaded with sensors, Flashbot is also a part of the flywheel that I hope to build. The energy service robot conducts algorithm training in different driving cases, and then gives data support to the ADAS car-level hardware.
Looking at the highlights of this reorganization of business, Zongmu Technology began to break through into more subdivided markets, and may be able to complete the listing more lightly. At that time, it will be the third listed company in the Xiaomi automobile industry chain after Sagitar and Hesai.

-END-

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How to eat pineapple "sting" without being "hurt" by it!

  It’s the season to enjoy pineapple at will, and its sweet fragrance is everywhere in fruit shops and mobile fruit carts on the street, which is irresistible! However, many people have had this experience: pineapple will "sting"! Not only will its coat and crown on its head prick hands, but its flesh will also sting its mouth! Our oral cavity will be strongly stimulated, resulting in tingling, acidity and itching of oral mucosa and gums. What’s more, it suffers from bleeding, inflammation, redness and swelling around the mouth and lips. This is why people often soak pineapples in salt water first — — Reduce the intensity of its "sting mouth".

  Why do pineapples sting?

  Because pineapple is so "smart", in order to prevent humans and other creatures from eating it, it not only wears a barbed armor, but also hides three heavyweight weapons in the flesh.

  The first heavy weapon: calcium oxalate needle crystal

  Calcium oxalate needle crystal is the physical killing means of pineapple. Under the microscope, the bundle of calcium oxalate needle crystal wrapped by pulp tissue cells is like countless dense needles. They have a very powerful characteristic: they are insoluble in water. So it is not easy to be dissolved by our saliva!

  When we chew pineapple pulp, we will destroy the tissue cells of the pulp because of the grinding of teeth, which is equivalent to opening the door to these invisible sharp needles that originally locked them. Once these sharp needles are released into the mouth, they will mercilessly "plunge" into any mucosal tissue they touch. With our continuous chewing, calcium oxalate needle crystals can be "pushed" into our tongue, inner wall of mouth, throat and gums, which are soft, delicate and have no resistance.

  The second weapon: bromelain

  This enzyme can be extracted from the pulp, peel and even stem of pineapple. Little friends who often cook must be familiar with this enzyme, because it is an important "second party" of tender meat powder. The common tender meat powder is either papain or bromelain.

  Proteases, as the name implies, can decompose protein. On the one hand, bromelain will activate the "PAR" protease "alarm" in oral epithelial cells and free nerve endings, and after being activated, it will awaken the nerve pathway that can trigger itching. On the other hand, bromelain itself does destroy the protein of our oral mucosa — — It is achieved by decomposing and "cutting" the connective proteins between cells.

  In this way, the defense network of oral mucosal cells is "relaxed" and the barrier protection is weakened, which makes it easier for some pathogens to take an opportunity to trigger inflammation or immune response.

  Knowledge small link:

  In fact, many fruits and vegetables contain both calcium oxalate crystals and proteases, such as papaya, spinach and figs. When we eat these fruits and vegetables, we won’t have obvious irritation, because the calcium oxalate crystals they contain are not needle-shaped, but oval or dumbbell-shaped and other non-lethal irregular shapes, so they won’t hurt our oral mucosa.

  But kiwifruit is an exception. Calcium oxalate crystals in kiwifruit pulp are also needle-shaped, and kiwifruit also contains cysteine proteolytic enzyme. Therefore, when we eat kiwifruit, we will feel tingling more or less. Therefore, kiwifruit is also a kind of fruit that can "eat people", but it is not as fierce as pineapple, probably because its weapons and equipment are not as good as pineapple.

  The third weapon: organic acids

  The sour taste produced by organic acids such as citric acid, malic acid and quinic acid contained in pineapple not only stimulates our taste receptors, but also stimulates the pain receptors in the oral cavity. Combined with the first two weapons of pineapple, the lethality is self-evident.

  The "killer" to conquer pineapple

  How many have you learned?

  In order to conquer the killer of pineapple and make it a delicious dish for human beings, our ancestors summed up several stunts for us:

  1. Salt water soaking: This is the most common treatment method, which is said to "destroy bromelain". However, this principle is controversial and unsolvable, because sodium chloride in table salt is not a heavy metal salt, so it can’t denature protein. At best, some organic acids in pulp can be dissolved in water by soaking in salt water, thus reducing the stimulating effect of organic acids. Moreover, it is a bit salty to be sweet — — A small amount of salty taste can increase the taste buds’ perception of sweetness, which makes us feel "Wow! So sweet and beautiful! "

  Of course, some people support that salt can reduce the activity of bromelain, and tell us through laboratory research data that different concentrations of salt water can really improve the problem of pineapple sting to varying degrees. When the concentration of saline increased significantly (from 0% to 3.5%, and then to 7% and 10.5%), the activity of bromelain decreased gradually. But what is the principle, it seems that it has not been verified.

  2. Pepper salting: This is a classic way to eat in Guangdong, Guangxi and Hainan. It is sweet, sour, salty and spicy, and it is very delicious. As for whether the pain caused by spicy taste overwhelmed the acupuncture pain of pineapple in the end, or whether capsaicin and salt together inhibited the activity of bromelain, it is hard to say. I really expect someone to study this topic well to solve my confusion.

  3. Heating: As a protein afraid of heat, bromelain can’t continue to show off at high temperature. When pineapple pulp is heated above 60 degrees Celsius, bromelain will be inactivated and calcium oxalate needle crystals will be dissolved to some extent. This is also the reason why pineapple pulp in delicious foods such as pineapple goo old meat and pineapple rice won’t make us feel stung. However, after heating to this temperature, the crisp, tough and cool taste of the pulp may be discounted, and interested friends can try it.

  However, there must be some friends who refuse to heat the pineapple and are too lazy to soak it in salt water. So, how can you enjoy the delicious pineapple and relieve the pain of your mouth? The following two items are for reference — —

  1. Make a quick decision: don’t eat slowly for a long time, and don’t give pineapple black weapons a chance to kill you fully;

  2. Rinse your mouth in time: rinse your mouth immediately after eating pineapple to reduce the residence time of calcium oxalate needle crystals and bromelain in your mouth. If you like, you can rinse it several times, and the effect will be better. Text/Liu Suiqian (popular science worker, clinical nutritionist, member of China Nutrition Society)

Only 18 million euros! Milan have locked in six goals in seven games and are expected to sign an Italian striker.

On March 12th, Beijing time, according to the Italian media "Corriere dello Sport", Serie A giants AC Milan are paying attention to Italian rising star Matteo Retegi and intend to bring him to the San Siro Stadium. At present, the ownership of Matteo Retegie is in the hands of Argentine giant Boca Juniors, and his liquidated damages are only 18 million euros, which is not high for the Rossoneri who are about to receive at least 70 million euros of Champions League bonuses.

Matteo Retegie, though named as an Italian rising star, can actually see from his name that he is not a pure Italian. Matteo Retegie was born in Argentina and had been playing in the Argentine League before. It was not until the beginning of this month, at the invitation of Italian national team coach Mancini, that he officially decided to play for the Italian national team, and he might play in the Euro 2024 qualifier this month.

Matteo Retegie came from the riverbed echelon, and then transferred to Boca Juniors echelon. He has been rented out for exercise in recent years. Matteo Retegie is 186cm tall and weighs 86kg. He is a center on the court. He has good footwork skills, a strong body and the potential to be a strong center. In the past two seasons, during Tigray’s playing period, Matteo Reggie gradually showed his talent.

Last season, Matteo Retegie played 27 games for Tigray, including 26 starts, and scored 19 goals and 3 assists, beating many players such as Cristaldo and winning the league shooter king in one fell swoop. So far this season, he has scored six goals in seven games, and his state is still hot, so he has also attracted the attention of many European teams, including AC Milan, the Italian giants who have been paying attention to him for a long time.

At present, Matteo Retegie’s brokerage company was founded by Italian legendary star Totti. As early as three years ago, Rome wanted to introduce this new star, but it failed to make it. Milan also paid attention to Matteo Retegie for a long time, and the club scouts tracked him and issued a scout report. When Ibrahimovic and Gill are older, Milan need to find a strong center, and Matteo Retegi, who is only 23 years old, seems to be a good choice.

Matteo Retegie’s contract with Boca Juniors will expire in 2024. With more than one year left in the contract, the transfer negotiations are relatively easy to start. If Tigray buys Matteo Retegie first, it will be difficult to sign this new star at this price. For Matteo Retegie, it is also a good thing for him to go to Serie A as soon as possible. After all, now that he is about to be selected for the Italian national team, he needs to be familiar with the Italian football style as soon as possible.

ON1 PortrAIt AI 2023 for Mac (super AI intelligent portrait processing software) v17.1.1.13620 activated version.

ON1 Portrait AI is a photo editing software application designed for portrait retouching and enhancement. It uses artificial intelligence (AI) and machine learning algorithms to automatically detect and enhance facial features such as eyes, skin, lips and hair. The software allows users to easily adjust and fine-tune all aspects of their portraits, including skin smoothing, blemish removal, tooth whitening, color correction and so on, with just a few clicks. ON1 Portrait AI can be used as a stand-alone application or as a plug-in for other photo editing software (such as Adobe Photoshop and Lightroom). It is suitable for Windows and Mac operating systems. Generally speaking, ON1 Portrait AI is a powerful tool for photographers and anyone who wants to use advanced AI technology to enhance portrait photos quickly and easily.

ON1 Portrait AI 2023 for Mac (Super AI Intelligent Portrait Processing Software) https://mac.macsc.com/mac/3885.html? id=Mjk0ODE5

Workflow plug-in ON1 Portrait AI is suitable for almost any workflow. Using ON1 Portrait AI as a plug-in can achieve amazing decoration effect in a few seconds:

  • Adobe Photoshop

  • Adobe Lightroom Classic

  • Adobe Photoshop Elements

  • Affinity Photo

  • Capture One (coming soon)

  • Apple Photos

  • Corel Paintshop Pro

ON1 Photo RAW with fully integrated portrait AI can be perfectly decorated with just one click. It uses machine learning to find every face in a photo and automatically make them look great. It analyzes every face, and adds some modifications to the skin, eyes and mouth, providing you with professional effects immediately.

Decorative tools and the controls you need

  • The cosmetic options are simply amazing, including smoothing skin, reducing shine, removing blemishes, facial carving and whitening eyes and teeth.

  • Automatically find each face in the photo, analyze it, and add appropriate embellishments according to your preferences.

No longer need lengthy editing sessions.

  • Let AI work for you by batch processing the entire photo folder. For each photo, portrait AI will find each face and automatically add the right amount of modification. It is very suitable for proofreading photos before delivery.

Adjust everyone individually.

  • Each face in the photo has independent control and adjustment. For example, you can use different settings for the bride and groom in wedding photos.

Your editing is nondestructive.

  • All your adjustments and edits are non-destructive. You can edit them again later, and the original photos will not be changed.

How to edit

  • Everything is automatic, but you can also control it completely manually. You can manually adjust the position of your eyes and mouth, draw to refine the skin mask, and use a brush to remove stubborn flaws.

Improve facial shape and lighting

  • By adding fill light to illuminate the face or reshape the face to narrow the chin line or balance the eye size, the common mistakes in lens selection and lighting can be corrected.

Using the power of frequency separation

  • Skin modification uses frequency separation to maintain natural skin texture, while reducing the color and tone changes of the whole skin. It creates flawless but natural-looking skin.

Easily remove flaws

  • Small flaws can be automatically reduced, while larger flaws can be removed by using the built-in content-aware eraser and clone stamp.

Presets that suit your style

  • Easily create your own preset to define your decoration style.