上海龙凤论坛

　　Recently, the Ministry of Transport issued the Technical Guide for Highway Engineering Facilities to Support Autopilot (hereinafter referred to as the Guide), proposing the overall framework and main technical indicators for highway engineering facilities to support Autopilot, which will be implemented on December 1 this year. The industry pointed out that the Guide released that China is stepping up efforts to support the development of smart car industry from the perspective of infrastructure construction, and plans to solve the bottleneck problem of intelligent networked automobile industrialization development through the "China Program" of vehicle-road-cloud integration. All-media reporters noticed that the Ministry of Industry and Information Technology recently pointed out clearly that China’s autonomous driving technology is gradually being promoted, L3 level is gradually being commercialized, and L4 level is exploring demonstration applications. haveIt shows that the proportion of intelligent driving function in Chinese consumers’ car purchase decision is increasing rapidly.

　　The Guide better supports the demand for automatic driving of vehicles from the perspective of infrastructure.

　　The Ministry of Transport pointed out that research and practice at home and abroad show that the practical process of autonomous driving technology can be accelerated by moderately improving the intelligent level of highway infrastructure and providing auxiliary information for autonomous vehicles according to their cognitive and behavioral characteristics.

　　The release of the Guide will guide the formation of a technical system that adapts to China’s management characteristics. It is reported that the Guide takes into account the characteristics of China’s traffic and environment, adopts a technical framework combining "end-edge-cloud" and establishes a technical system for highway engineering facilities to support autonomous driving. Through the information processing and interaction of "edge", edge cloud and central cloud are formed, which provide data support for road section level, provincial (regional) level and Ministry (national) level management platforms respectively. The technical system fully considers the characteristics of the management system, which is convenient for rapid popularization and application and related construction.

　　The Ministry of Transport also pointed out that it is not easy for highway engineering facilities to support autonomous driving. In the process of determining technical indicators, the Guide fully considered the actual situation of existing highway engineering facilities. Under the overall technical framework of highway engineering facilities supporting autonomous driving, it analyzed and studied the role and influence of highway engineering facilities supporting autonomous driving, and put forward functional requirements, performance requirements and layout requirements for supporting autonomous driving.

　　In recent years, China’s intelligent networked automobile industry has developed rapidly. According to the figures of the Ministry of Industry and Information Technology, 17 national-level test demonstration zones and 7 national-level test demonstration zones have been built nationwide.Pilot area, 16Pilot cities for coordinated development of infrastructure and intelligent networked vehicles. Up to now, China has opened more than 20,000 kilometers of test roads, with a total test mileage of more than 70 million kilometers.

　　The commercialization of high-order autonomous driving is accelerating.

　　In 2025, the newly added output value will exceed 1 trillion yuan.

　　All-media reporters have noticed that many national departments have made important instructions on the development of autonomous driving many times recently. At the 2023 World Intelligent Networked Automobile Conference held on September 21st, Xin Guobin, a member of the Party Group and Vice Minister of the Ministry of Industry and Information Technology, revealed that the Ministry of Industry and Information Technology is deepening the pilot demonstration of intelligent networked automobile access and on-road operation, accelerating the demonstration application of "vehicle-Lu Yun integration" at the city level, and forming a number of characteristic demonstration projects with the participation of domestic and foreign market players. "The Ministry of Industry and Information Technology will work with the Ministry of Public Security, the Ministry of Communications, the Ministry of Housing and Urban-Rural Development and other departments to speed up the pilot of intelligent networked vehicle access and road traffic, and support the commercial application of L3 and higher autopilot functions. At present, the preliminary preparations for this work have been basically completed and entered the final release process. " At the Global Smart Car Industry Conference held on September 28th, Wu Feng, Director of Automobile Management Department of Equipment Industry Division I of the Ministry of Industry and Information Technology, further revealed the above information.

　　According to the data of the Ministry of Industry and Information Technology, in 2022, the sales of new intelligent networked passenger cars equipped with assisted automatic driving systems in China reached 7 million, up 45.6% year-on-year, and the market share increased to 34.9%. In the first half of this year, the sales volume of new passenger cars with combined driving assistance reached 42.4%, an increase of nearly 10% compared with the same period last year. At present, many car companies are ready to mass-produce L3-class vehicles.

　　"At present, the global intelligent network.Investment in technology research and development continues to increase, and autonomous driving technology is gradually maturing. L2-class assisted driving has achieved scale application and function expansion, L3-class is gradually commercialized, and L4-class is exploring demonstration application. The "China Scheme" of car-Lu Yun integration is the key to solve the problem of intelligent networked car industrialization.

　　According to the data of the National Intelligent Networked Automobile Innovation Center, by 2025, the new output value of China’s intelligent networked automobile industry will exceed 1 trillion yuan.

　　L3′ s intelligent driving heats up, driving the industrial chain to have multiple daily limit.

　　"The latest research shows that smart driving has shown signs of breaking the ice in the factors that are important for car purchase decision-making, accounting for a substantial increase. This provides a lot of product applications for autonomous driving companies, mass production on the train, and opportunities to achieve good user word-of-mouth closed loop and commercialization closed loop. "Su Tan, general manager of the Smart Car Business Department of the Intelligent Driving Business Group (IDG), believes that intelligent driving has become a key factor in the core car purchase decision, "especially in the range of 150,000-250,000 and the price range of 250,000-300,000.In automobiles, the penetration rate of core intelligent driving is increasing very fast, almost doubling in two years. "

　　It is a glimpse of this trend. The reporter noticed that Internet companies and start-ups such as Huawei, Xiaoma Zhixing, which have been deeply involved in the field of intelligent driving for many years, have intensively landed high-end technologies for intelligent driving on mass-produced new cars in recent years. For example, the new M7, which has been highly concerned recently, has won 50,000 units in just 25 days. One of its biggest selling points is that it is equipped with Huawei ADS2.0 advanced intelligent driving system, which can realize high-speed and urban advanced intelligent driving without relying on high-precision maps. According to the data released by Yu Chengdong, the managing director of Huawei, the terminal BGCEO and the chairman of smart car solutions, 70% of MAX customers have installed Huawei’s ADS advanced smart driving package. In addition, it is also accelerating the landing of intelligent driving to achieve "hegemony" with Huawei. At present, Baidu Apollo’s high-level intelligent driving system has taken the lead in the new car of Dongfeng Lantu, and then the Extreme Yue 01, which cooperates with Geely, will also be available.

　　The reporter noticed that due to the continuous warming of the concept of intelligent driving, many stocks in the A-share sector have recently taken turns to rise, and even batch daily limit has appeared. October 9, the first trading day after the A-share festival,Shares are particularly active, among whichIndustrial chain stocks performed brilliantly, asking the manufacturers of the new M7.One word daily limit, another model partnerDaily limit, parts supplier、Daily limit

　　Lu Jiamin said that L3′ s representative function is high-speed and the city NOA is gradually getting on the bus. Driven by the three core factors of policy, technology and cost, the turning point of intelligent driving is gradually emerging. At this stage, the focus is on intelligent key vehicle enterprises and intelligent industrial chain core component enterprises. "At the same time, driven by the three core factors of policy stimulus, intelligent catalysis and inventory cycle switching, we are optimistic that the sales volume, profitability and valuation of the automobile sector are expected to continue to improve from 23Q3. Optimistic about industrial chain stocks with smart driving technology as the core selling point. " Some institutional analysts believe that with the further acceleration of the landing of smart drivers, relevant listed companies may enter.Redemption period

　　First Shanghai released a research report saying that Galaxy Entertainment (00027) was maintained as a "buy" rating, and its performance in the fourth quarter of 2003 met expectations with a target price of HK$ 56.08. The launch of the third phase of "Macau Galaxy" w ill help the group to increase its market share. Due to the Group’s good products and services, the most stable balance sheet in the industry, the strong executive ability of the management, and the launch of the fourth phase project of Ludang, Hengqin project and potential overseas projects in the future; The bank is full of confidence in the long-term development of the group.

　　First, the main points of Shanghai are as follows:

　　Summary of performance in the fourth quarter of 2003: Summary of performance in the fourth quarter of 2003:

　　Galaxy’s net income increased by 254% year-on-year and 7% quarter-on-quarter to HK$ 10.3 billion (back to 80% in the same period in 2019) . The number of VIP gambling transcoding increased by 408% year-on-year and 6% quarter-on-quarter (back to 21% in the same period of 2019); The revenue from midfield betting increased by 398% year-on-year and 5.2% quarter-on-quarter (up by 13% compared with the same period in 2019). The adjusted EBITDA of the Group increased by 1.4% from the previous month to HK$ 2.8 billion (returning to 69% in the same period of 2019), and the EBITDA rate was 27%. After deducting the influence of low winning rate, EBITDA will increase by 100 million yuan. The overall performance is in line with expectations. The balance sheet of the Group remains very stable, with net cash of HK$ 23.5 billion (the strongest in the industry). In addition, because the Group is full of confidence in its future development, it announced another special dividend of 0.30 yuan per share. The annual dividend payout ratio reached 32%, which was higher than expected.

　　Performance survey of "Galaxy Macau" and Star Hotel;

　　During the period, the net income of "Macau Galaxy" and Star Hotel increased by 7% and 2% respectively from the previous month to HK$ 8.2 billion and HK$ 1.3 billion (re turning to 88% and 47% respectively in the same period of 2019); The adjusted EBITDA was HK$ 2.57 billion and HK$ 350 million respectively (returning to 80% and 45% in the same period of 2019, respectively). The EBITDA rates were 31.4% and 28.1% respectively. The occupancy rates of Galaxy Macau and Star Hotel are 95% and 100% respectively. At the end of l ast year, the group has added catering facilities in "Macau Galaxy" and transferred the high-end midfield gambling area located in the center; And re-planning the distribution of venues in the gambling area, hoping to improve the flow of people and customer experience. The Star Hotel also has plans to update its facilities.

　　The update of the third and fourth phases of "Macau Galaxy";

　　The third phase of "Macau Galaxy" will launch a high-end hotel (with about 100 rooms) in 2025, which will be provided to very high-end midfield customers and self-operated VIP customers. The Group is also continuing to advance the construction o f the fourth phase of "Macau Galaxy", which is expected to be completed in 2027. With a development area of about 600,000 square meters, this project will introduce a number of high-end hotel brands that have entered Macao for the first time, with a 4,000-seat theater, diversified catering, retail, non-gaming facilities, gardens and water play parks. The capital expenditure in 2024 is estimated to be about 6.1 billion yuan (of which 5.1 billion yuan will be used for th e third and fourth phases of "Macau Galaxy" and the rest will be used for the renovation of other facilities.

　　Other points:

　　In the fourth quarter, the group’s market share should drop to below 18%, but due to the group’s good products and the launch of new projects in the future, it is believed that the market share will pick up in the future. It is understood that the hotel occupancy rate of the group reached 100% during the Spring Festival; The performance of the midfield business has increased by 20% compared with the same period in 2019. In order to expand overseas visitors, the group has set up offices in Tokyo and Seoul to develop overseas business, and is preparing to set up an office in Bangkok.

　　The results of a "Top Ten Women" selection in France recently came out. Rashida Datti, the beautiful minister of justice who will be kicked out of the cabinet by President Sarkozy, topped the list, while Bruni, the "first lady", could hardly compete with her, with only the eighth place.

　　Beauty minister is in the limelight.

　　According to the report, the best women in France obviously have considerable international influence, and most of the selected figures are well-known, including veteran movie stars brigitte bardot and catherine deneuve.

　　The 43-year-old Rashida Datti has always had a high-profile image as a "Dior-wearing female attorney general", and a series of recent storms, including her "deeds" such as returning to work five days after giving birth to a daughter and announcing that she will resign in June this year under the pressure of President Sarkozy, have kept her quite high exposure.

　　The report said that the French voted Datti as the "best woman" not only because of her fashion, beauty and sexy image, but also because of her toughness, independence and vitality in her political career. French feminist historian Florence Montereno commented on her, "Rashida Datti is full of ambition, determination and activity", which made her vote rate as high as 26%.

　　The top ten are almost all mature women.

　　It is rumored in French tabloids that Bruni, the "first lady", is very concerned about the close relationship between Datti and Sarkozy. It is even reported that Sarkozy made the decision to kick Datti out of the cabinet at Bruni’s behest. However, Bruni, who was born as a supermodel, was much inferior to Datti in this selection. With 16% of the votes, she not only failed in the top three, but also ranked eighth. However, this may have something to do with Bruni’s birthplace in Italy. Bruni became a French citizen after her "flash marriage" with Sarkozy last year.

　　It is reported that the "Top Ten Women" in France are generally older, and the only one in the top ten who is under 40 years old is another beauty in Sarkozy’s cabinet-French Minister of Human Rights Rama Yade.

　　France’s "Top Ten Women" list:

1. Rashida Datti, 43, French Minister of Justice.

2. Sophie Marceau, 42 years old, is a French movie star.

3. Claire Hazare, 52, news anchor Claire and her husband Couthures (photo).

On the same day, in the tenth round of the Italian Football League in the 2023-2024 season, Inter Milan beat Rome 1-0 at home.

On October 29th, Inter Milan coach Inzaghi was on the sidelines. Xinhua News Agency (photo by Alberto Lingoria)

On October 29th, Inter Milan player Thuram (left) scored a goal in the game. Xinhua News Agency (photo by Alberto Lingoria)

On October 29th, Inter Milan player Thuram (left) competed with Roma player Ndika. Xinhua News Agency (photo by Alberto Lingoria)

On October 29th, Inter Milan player lautaro (left) competed with Roma player Lu Kaku. Xinhua News Agency (photo by Alberto Lingoria)

On October 29th, Inter Milan player lautaro (right) competed with Roma player Mancini. Xinhua News Agency (photo by Alberto Lingoria)

Beijing Daily Client | Author Han Sheng

History inspires wisdom. Wisdom is based on the understanding and comprehension level of human nature, things and truth.

Understanding of people

People’s social attributes determine that people have to deal with each other all the time. Therefore, knowing people is an important aspect of being in the world. High-level leaders need to know people better.

Han Xin, the genius commander who helped Emperor Gaozu Liu Bang conquer the world, paid special attention to the analysis and grasp of people. After the hongmen banquet, liu bang was sent to hanzhong, and Han Xin was appointed as the general to command the army under the strong recommendation of Xiao He and others. Liu Bang summoned Han Xin to analyze the odds of fighting against Xiang Yu. Han Xin, who is about to go to war, did not analyze the military issues such as the strength of the two sides, but directly asked Liu Bang to compare the qualities of the top leaders of both sides, and proposed that the top leaders should meet the four indicators of "courage, toughness, benevolence and strength". Therefore, Han Xin pays more attention to the leader’s character accomplishment than the obvious material conditions. Based on this, Han Xin thinks that Liu Bang can be a leader. At that time, when the strength between the enemy and the enemy was wide, this was simply an unexpected inference.

What is the basis of Han Xin? He noticed Xiang Yu’s aristocratic background. Nobles are "expensive" because they are knowledgeable, educated and humble, which is the same at all times and in all countries. This is the spirit of "expensive" and the characteristic of Xiang Yu. Although he is all-powerful on the battlefield, a thousand people are invincible with a roar, but he is gentle and polite to people. Everyone can see the advantages of Xiang Yu, but few people can see the other side of his personality, that is, he is too "cherishing things." Xiang Yu’s inheritance was laid down by himself, which was hard-won and cherished. Therefore, he was reluctant to divide people and was not atmospheric enough. When he won the award, he always put the reward in his hand and weighed it repeatedly. At the end of the award, it was quite different from the expectations of his subordinates and caused dissatisfaction. In the long run, the more men fight, the more boring they will be, and they will leave Germany. This is the fate of Xiang Yu, who can’t unite people closely. Therefore, he will go into decline. On the contrary, Liu Bang started from scratch and made some gains by the efforts of all. These things are not his own savings, so he knows very well that things are done by everyone, and things are divided by everyone. After the division, people are excited and can do even more next time. Therefore, the team will become more and more brave, and talents from all over the world will come in an endless stream. Xiang Yu and Liu Bang have different ways to analyze and deal with problems, so Liu Bang will eventually win. Han Xin’s analysis was incisive and fully proved in the Chu-Han War. Han Xin understood the truth that "the world belongs to the world" from the perspective of human nature, and anyone who wants to take it for himself will be spurned.

In human society, knowing people’s wisdom is the first thing to learn, and knowing people can do things.But this is only one dimension. Can it be invincible only by popularity?

Or Han Xin. When he led an army across half of China in the north and arrived in Shandong today, a strategist named Kuai Tong came to visit and asked him why he was struggling with Xiang Yu. Kuai Tong analyzed the world situation and thought that three armed groups, Liu Bang, Xiang Yu and Han Xin, had been formed at that time. Although Han Xin was a subordinate of Liu Bang, his prominent position depended on the existence of Xiang Yu. Therefore, Kuai Tong advised Han Xin to let Xiang Yu go, so as to promote a tripartite confrontation and ensure his own safety and interests. However, Han Xin explicitly refused, because he read Liu Bang’s kindness of "driving me with his car, clothing me with his clothes, and eating me with his food", and he could not betray Li Yi. Obviously, Han Xin always believed in judging people, so as to defeat all his military opponents, and extended it to the political field, trusting Liu Bang and his "righteousness", showing his political naivety. Most of the problems that military strategists think about are local plane dimensions at that time, while politicians are much more complicated and profound. They are not at the same level, so military strategists are often no match for politicians. As a bystander of political strategists, Kuai Tong saw this clearly, while Han Xin didn’t realize that he was just a soldier, and Liu Bangze was going to be a soldier until Liu Bang deprived him of the King of Qi after the Battle of Gaixia, and even later he was stripped of the packet of the King of Chu and relegated to the vacant position of the imperial court, but it was too late. A general is a strategist who does things, while a general is a politician who commands the overall situation.

From Han Xin, we can see the limitations of being confined to knowing people. People are fickle, the most difficult to grasp, and those who want to be independent of the world just by looking at people will eventually be defeated by others. One-sided people are prone to paranoia, and will fall into the mire of rule by man, making it difficult to achieve great things.

A clear understanding and prediction of the situation

Situation analysis is a comprehensive judgment on physical geography, social sentiment, strength growth and decline and other factors. Su Qin’s analysis of the situation between the six countries and Qin in the Warring States Period is a classic.

After Shang Yang’s political reform, Qin’s military strength increased greatly, and it was militaristic and constantly attacked six countries. The six countries passively defended themselves and adopted the policy of forbearance and submission in succession, trying to ease the attack of Qin. Su Qin, a strategist, felt very strange. If the six countries were United, their territory would account for 4/5 of China, and manpower and material resources would also account for 4/5. Why should they yield to Qin? Concession is to fill Qin’s endless desires with limited land. Although it can be delayed for a while, it will surely die. He persuaded the six countries to unite against Qin one by one, and went to Qi, a big eastern country, to analyze the situation to the king of Qi: Qi has Mount Tai in the south, Langya in the east, Qinghe in the west and Bohai in the north, which is called a country with four blockades; The territory is vast, reaching more than 2,000 miles, with hundreds of thousands of elite soldiers, a mountain of grain, rich people, busy traffic, shoulder to shoulder, curtain-raising, sweating and high spirits. No one can compare the strength of Qi, but it makes people feel ashamed to succumb to Qin.

Su Qin’s situation analysis is based on two points: first, the mountains and rivers win; second, the human and material conditions. The former is congenital, while the latter can be changed. But all changes should be based on respecting nature and conforming to the law, that is, adapting to local conditions. Generally speaking, China or the world has only an abstract meaning. In order to survive and develop properly in China, we must first have a deep understanding of China’s natural conditions, which will form the basis of decision-making, and then consider using nature for social development. By combining nature with people, we can see many mysterious problems clearly. Su Qin was familiar with the geography of China, so he accurately pointed out the weaknesses of Qin Jun’s marching operations and the countermeasures. According to the danger of Guanzhong, the state of Qin is surrounded by mountains and waters, and it is more than self-sufficient. However, if it wants to attack the six countries far away, it must pass through the dangerous mountains, and the roads are rugged and vulnerable to attack. So why are South Korea and Wei unwilling to actively resist? Su Qin analyzed: Korea and Wei are blocking Qin’s eastward advancement, and Qin is determined to win, while Korea and Wei are resisting Qin Jun alone, and even if they win, they will suffer heavy casualties, not to mention defeat. Therefore, Korea and Wei are doing their best to resist Qin’s eastward advancement, in addition to defending the country from extinction, they are still guarding the door for the eastern countries; But if you submit to Qin, you can reduce losses and lead the disaster to the east. Su Qin revealed the key of geopolitics through the relationship between geographical situation and national interests. Therefore, even from their own interests, the eastern countries should resolutely support Korea and Wei, so as to help each other and protect themselves. If they have ulterior motives and try to lead Qin’s disaster to other countries,At most, we can only delay the time of being divided by one. When the truth was made clear, the kings of the six countries saw clearly the gains and losses, so they accepted Su Qin’s suggestion and formed a "vertical and horizontal" alliance to jointly resist Qin, which made Qin dare not covet the East for more than ten years.

Knowing people and analyzing the situation is basically based on the immediate understanding of the local area at that time, which belongs to plane thinking. People and interests change at any time, so do interpersonal or international relations. Therefore, we must understand the principle of interests, but we must never rely solely on interests. It is also inevitable that Su Qin’s "Union" alliance will collapse immediately after his death. In order to make this alliance stronger, we must have a deep understanding of the history, culture and traditions of various countries. Mutual understanding and respect are the basis for establishing an interest coordination mechanism. Many conflicts are caused by mutual ignorance or even judging each other based on self-imagination.With historical thinking, our understanding will change from plane to three-dimensional, and with depth, we will have a more important understanding, thus entering the third level.

A profound understanding of history

After Liu Bang defeated Xiang Yu, he chose Luoyang as the capital of the Western Han Dynasty. There are three main points in his basis: first, Luoyang is among the best in the world; Second, there are Zhongtiao Mountain, Xiaoshan Mountain, Xiong ‘er Mountain and Waifang Mountain in the southwest of Luoyang, with the Yellow River in the north and Chenggao in the east, which can be held; Third, the Eastern Zhou Dynasty took it as its capital and had a historical tradition. Deep down, Liu Bang still has a yearning to be on a par with the Zhou Dynasty. These three points are all reasonable from the perspective of the right place and the right time. However, the truth of a thing must match its nature and scale. If it is a small country, Luoyang has a really good terrain; However, if it is a unified central dynasty, the hinterland of the landscape package around Luoyang is too small to maneuver, which is a "death". The third is even more important. Liu (Lou), Liu Bang’s adviser, analyzed that after the founding of the Zhou Dynasty, the princes and chiefs of the Shang Dynasty and its previous generation were enfeoffed, which showed their tolerance and justice, so they won the support of all parties, and their capital was the center of all nations coming to the DPRK, basically without fortification; However, you have been fighting bloody battles for several years, and the society is full of sorrow and hatred. Therefore, the capital needs heavy defense, which is incomparable with the Zhou Dynasty. You can’t choose Luoyang with incomplete terrain as the capital. Liu Bang understood the truth and immediately made his capital in Chang ‘an, Guanzhong.

Since entering the imperial country, whether the capital is properly chosen or not is related to the rise and fall of the dynasty or even the success or failure. Xiang Yu established the Kingdom of Western Chu, with its capital in Pengcheng. This is a land of four wars, and from the perspective of being the capital, it is actually a lower domain. However, Xiang Yu ignored the history and the situation of mountains and rivers, and even cooked and killed the advisers who advised him to make his capital in Guanzhong, and went his own way. As a result, the regime of Xi Chu did not have peace for a year, and he committed suicide in Wujiang River just a few years later. Vision and pattern determine the scale and success or failure of the cause.

It is extremely important to learn to look at problems historically. History teaches us to look at problems completely and systematically and avoid fragmented thinking.When many people think about a problem, they only extract some fragments closely related to it, but don’t understand it from the whole process. People who lack historical thinking only see trees instead of forests, but they can’t see through the essence when they see problems. Based on the fragmented thinking of a specific time and space, the opinions and conclusions are often tempting to fall into the trap. Sadly, people who fail are often convinced of their one-sided views. Sima Qian lamented Xiang Yu’s death, which is a great historian’s regret for paranoid politicians.

Zhang Liang became an outstanding strategist in the early Han Dynasty because he not only knew how to judge people and understand the geographical situation of mountains and rivers, but also knew how to grasp its context from the whole process of historical development, see through the phenomenon, directly attack the essence, and analyze it from three dimensions: interest relationship, geopolitics and historical tradition, thus surpassing Su Qin and Han Xin and assisting Liu Bang in establishing a stable Han Dynasty.

Studying history is the advanced stage of life, and we go in step by step. Our life and our understanding of the whole society are gradually improving, so we must read history in life.

(The author is a professor of history at Fudan University)

From 2021 to now, the beauty track has been constantly running with "capital", which has surpassed last year in quantity.

According to public reports, on July 6th, the beauty industry was born with the largest amount of financing this year-KK Group was led by JD.COM with an investment of about 300 million US dollars. The group owns a large beauty collection store brand THE COLORIST and X11 and other new consumer and retail brands.

This is just a microcosm of the beauty industry. This year, there are only about 20 enterprises that have received more than RMB 100 million in financing, including Meishang, Lan, Xuelingfei, WOW COLOUR, USHOPAL and Liran.

With the help of capital, a large number of companies in the beauty field have gone public, covering the A-share, Hong Kong-share and US-share markets. Recently, companies that have been listed or will be listed in the beauty field include Kaichun Industry, Baiyang Medicine, Juju Zhilian, Betaine, Youquhui, and Yijia.

In this fiery market environment, the whole industry chain of beauty industry is welcoming the best times and the most business opportunities, and practitioners in the beauty field will undoubtedly enjoy more dividends. But if you want to capture business opportunities, you need to have a quick insight into the beauty industry.

Then, in the next half year of 2021, what are the trends and phenomena in the field of beauty that deserve special attention?

The heat of new consumption investment and financing has risen.The domestic product leader rises rapidly.

The glory of domestic products may be traced back to the perfect diary that sprang up three years ago. Many people once thought that this was just a gust of wind. However, a large number of brands, such as Huaxi Zi, Ximuyuan and Runbaiyan, which ran out in the following years, made people realize that the spring of domestic brands has really come.

Take this year’s Tmall 618 as an example. In the sub-category of beauty field, the performance of new domestic brands is particularly bright-in the four sub-categories of powder cake, makeup set, honey powder/loose powder, eyebrow pencil/eyebrow powder/eyebrow cream, Hua Xizi is the first; In the categories of makeup remover, pure dew, makeup spray, etc., it is the domestic brands such as one by one, the sky of daisies and Berry Beauty.

A data of Tmall can also prove this point. In 2020, 3,000 beauty merchants opened stores in Tmall, but more than 2,000 of them were new domestic brands. And among them, 30 beauty brands have become "dark horses", achieving sales of over 100 million.

Among them, there are a lot of investment opportunities, but capital is also a double-edged sword. How to treat capital rationally and grasp the investment opportunities is a subject we need to study. It is reported that the founding partner and chairman of Jiayu Fund will present the latest insight "Let capital empower brands instead of killing them" at the upcoming China Cosmetics Conference, and look forward to his opinions.

Cosmetic industry“The first share"Frequent listed companies have strong stock prices.

As of July 9, the closing price of Huaxi Bio (688363.SH), the first share of hyaluronic acid, was 284.30 yuan/share, which was more than five times higher than the listing issue price of 47.79 yuan/share. The P/E ratio has exceeded 200, and the market value once exceeded 150 billion. Huaxi Bio, which has the hard power of biotechnology and the whole industrial chain, has become the core asset sought after by investment institutions.

Since the renewal of management in the second quarter of 2020, shanghai jahwa, under the leadership of Pan Qiusheng, chairman and CEO, has started a century-old national brand revival war, with remarkable reform results, the stock price reached a record high, and the total market value once exceeded 40 billion yuan.

Polaiya, a local cosmetics company, has achieved rapid growth even under the influence of last year’s epidemic. This year, it has made a good start, with revenue of 905 million in the first quarter, up 48.88% year-on-year.

There are also companies such as Liren Lizhuang, Northbell, Yuyuan, Focus Media, etc., which are outstanding in the cosmetics track. It is reported that the chairmen or CEOs of these seven listed companies will gather at the 14th China Cosmetics Conference held at the Shanghai National Convention and Exhibition Center on August 5-6, when the latest strategies and the methodology behind them will be released on the spot.

Efficacy, skin care, high light moment, emerging track is worthy of attention.

This year’s 618, the only domestic brand in the TOP10 category of Tmall beauty is Winona. The data shows that Winona has been ranked as the TOP10 beauty and skin care category of double 11 Tmall for three consecutive years since 2018. Especially last year, Winona sparked a discussion boom with the only domestic brand of TOP10 in Tmall skin care category.

On March 25th this year, Winona’s parent company Betani successfully landed on the Growth Enterprise Market of Shenzhen Stock Exchange, with a total market value of over 110 billion yuan. Since 2017, Winona’s market share has gradually surpassed international brands such as Vichy, la roche-posay and Avene. At present, Winona ranks first in the domestic efficacy skin care market with a market share of 23%.

Winona is not the only one who has grabbed the huge dividend in the efficacy skin care market.

According to public information, in 2020, Tmall’s flagship store sales ranked the top three brands in terms of year-on-year growth rate, including Quadi and Runbaiyan under Huaxi Bio, and Yuze under shanghai jahwa. Among them, Quadi’s growth rate reached 99.94%, Runbaiyan’s growth rate reached 187%, and Yuze’s growth rate reached 265%.

Efficacy skin care market has become the hottest "emerging market".

Opportunity lies in China Cosmetics Conference.

In the field of beauty, if there is a platform that can link the most beauty resources and business opportunities, it is China Cosmetics Conference.

Since its inception in 2008, the China Cosmetics Conference, jointly created by Pinguan APP and Cosmetics Watch, has successfully invited at least 500 first-line coffee makers from the commercial, economic and even cultural fields in China to share their thoughts and opinions, including many bosses of listed companies outside the industry, top investors and opinion leaders, such as Zhong Shanshan, Shen Nanpeng, Jiang Nanchun, Wei Zhe, Luo Zhenyu and Fang Yuyou.

More than 200 investors from all over the country attend the meeting every year, which is an important platform for investment institutions and financial media to study the frontier ideas of market development and expand industry resources.

With the rapid recovery and prosperity of China’s beauty market ahead of the world, the 14th China Cosmetics Conference with the theme of "China Time" will be held at the Shanghai National Convention and Exhibition Center on August 5 -6, 2021.

In addition to the main forum, there are six sub-forums on new marketing, new channels, new domestic products, new product development, efficacy skin care and design innovation. The first theme exhibition of "Beauty New Domestic Products" will also be launched, and 100+ emerging domestic brands will be exhibited at the same time.

If you are interested in listed companies, cutting-edge domestic products and new beauty tracks, the 2021 China Cosmetics Conference is the most information-intensive and must not be missed event in the whole year. Scan the QR code below to view the full agenda.

2023 is a special year for video games, with many excellent masterpieces and many games that disappoint players. Foreign media recently took stock of 15 disappointed video games for players for lightning protection.

The list is as follows:

1. Hongxia Island

2. The Lord of the Rings: Gollum

3. Layers of Fear

4.《TCHIA》

5. Extra-legal Hero: Rolling Stone City

6. The Raven’s Land

7. The Land of the Enchantment

8. The Last Survivor PC

9. Lego 2K Drive

10.《LEAP》

11. The Last Light

12. The Lost Blade

13. "Dangerous Wolf"

14. The Grey Ridge Incident

15.《RISEN》PS4

On March 10th, local time on Thursday, Microsoft said that the number of daily users of its bing search engine exceeded 100 million, mainly because the new version of Bing integrated the artificial intelligence chat function, and the number of users of the company’s Edge browser was also growing steadily.

Yusuf Mehdi, vice president and chief marketing officer of Microsoft, said, "We fully realize that our market share is still very small and low, with only single digits." He said that compared with Google, Microsoft’s share in the search market is quite small. "On the other hand, it feels good to go to the dance!"

Google has not published the number of daily users of search engines. However, according to StatCounter, the market share of Google search engines in the United States is usually slightly lower than 90%, compared with 6% or 7% for Bing.

Microsoft said that there are "millions of active users" who are trying out the preview version of Bing with integrated artificial intelligence chat function, and about one third of them are people who have never used Bing before. Microsoft also attributed this to the slow but steady growth of Microsoft Edge browser. Microsoft Edge browser sets Bing as the default search engine. If users insist on switching to other search engines, Edge browser will repeatedly prompt users to switch back to Bing.

A month ago, Microsoft launched the artificial intelligence chat robot function in the limited preview version of Bing, with OpenAI’s Large Language Model (LLM) as the supporting technology. So far, Microsoft has made some adjustments to the behavior of robots to solve the problem that robots sometimes have strange and threatening content in conversations. One of the changes is to limit the number of responses that the chat bot can give in a single instance, because the longer the conversation, the easier it is for the bot’s response to deviate. Recently, Microsoft also introduced some "personalized" functions for chat bots to make the answers more direct or interesting.

Last month, Microsoft began to add "New Bing" function to Edge browser, Skype, Windows 11 taskbar and some development tools. In addition, Microsoft is also testing "multi-modal artificial intelligence" technology, which can handle various forms of input including images, text, audio and video. (Chen Chen)

With the development and application of technology, artificial intelligence has gradually entered people’s lives, and more and more enterprises and organizations have begun to use AI technology in their business. In the future, with the further development of technology, the application prospect of artificial intelligence will be broader and will become an important driving force in the digital age.

At present, artificial intelligence has been widely used in many fields, such as medical care, financial services, transportation, education, entertainment and other fields. For example, in the field of medical care, artificial intelligence can help doctors diagnose and treat diseases quickly and accurately by analyzing and processing a large number of medical data; In the field of financial services, artificial intelligence can provide customers with more personalized financial services by analyzing and processing a large number of financial data; In the field of transportation, artificial intelligence can improve the efficiency and safety of traffic management and reduce the incidence of traffic congestion through vehicle networking technology; In the field of education, artificial intelligence can provide students with more personalized learning services through intelligent teaching systems; In the field of entertainment, artificial intelligence can provide users with entertainment services that are more in line with their needs through the analysis of users’ interests and preferences.

With the continuous development and innovation of artificial intelligence technology, its application prospect will be broader. For example, artificial intelligence will be more and more widely used in smart homes, smart cities, driverless and other fields. Smart home will provide people with a more intelligent, comfortable and safe living environment through the connection and cooperation of intelligent devices; Smart cities will improve the level and efficiency of urban management and services through big data analysis and intelligent management; Unmanned driving will improve traffic safety and reduce traffic congestion through technologies such as automatic driving and intelligent navigation.

Although the application prospect of artificial intelligence is very broad, it also faces some challenges and problems in the application process. For example, issues such as data security, privacy protection, interpretability of algorithms, and the impact of artificial intelligence on the job market require the joint efforts of all parties to promote the further development of technology and applications.

The application prospect of artificial intelligence is very broad and it will play an important role in the future economic and social development. At the same time, we should also note that the application of artificial intelligence technology needs to balance the development of technology and society, taking into account issues such as data security and privacy protection, so that it can be truly used by human beings and promote human development and progress.

Virtual human technology is a new technology based on artificial intelligence, which has been applied in many fields, such as medical care, education, finance, local life, customer service and so on. In the virtual human technology, Fengping Intelligent and Xiangxin Technology are two famous enterprises.

Xiangxin technologyIs a company focusing on the development of virtual avatars and virtual assistants, and its virtual human technology is mainly used in intelligent customer service, intelligent shopping guide, smart home and other fields. The virtual human technology of Xiangxin Technology mainly has the characteristics of vivid image, friendly interaction and rich expression.

In the virtual human creation module, Xiangxin Technology quickly realizes the creation of high-quality and high-precision digital people with the help of single photo character modeling technology, AI-assisted surrealism modeling technology and deep learning technology. Various virtual human styles including 3D cartoon, 3D surrealism and 2D real people meet the business needs of virtual people in different scenes. At the same time, it supports the face-driven, body-driven and voice-driven driver-interaction of virtual human, and creates a virtual human solution that can be seen, understood, thought, performed and answered for all walks of life.

In contrast, the virtual human technology of Fengping Intelligent is more extensive and can be applied to many fields.Fengping intelligent virtual human technology can realize many functions such as medical diagnosis, education and training, financial management, local service and so on, and it is more advanced and mature in technology.

In the medical field, Fengping intelligent virtual human technology can be used to replace real doctors and do some short video science popularization, intelligent consultation, health management and other things.

In the field of education, Fengping intelligent virtual human technology can be applied to online learning, intelligent tutoring, adaptive learning and other aspects to provide students with more personalized learning services. For example, it is no problem to replace the teacher to complete the repetitive work, or to take the place of the teacher in the online course.

In the financial field, Fengping intelligent virtual human technology can be applied to financial product recommendation, investment advice, risk assessment and other aspects to provide users with more comprehensive and accurate financial services. For example, if the insurer wants to make a short video, he can make a short video in batches through digital avatar, and quickly lay the content.

In the field of local life, Fengping intelligent virtual human technology can replace real bloggers to explore shops. Local life merchants need to turn on traffic, and generally invite real bloggers to visit the store, which is costly and ineffective. If you have a digital person, you can easily bring goods in the field of short video and live broadcast.

To sum up, the virtual human technology of Xiangxin Technology has certain advantages in the fields of virtual avatars, virtual assistants and spokespersons, but it is more comprehensive, advanced and mature in the extensiveness of application scenarios, the maturity of technology and the services and functions that can be provided.

Fengping intelligent virtual human technology can be applied to medical treatment, education, finance, local life, customer service and other fields, providing users with more comprehensive, efficient and intelligent services, with broader application prospects.

In the development of virtual human technology, the maturity of technology, the diversity of application scenarios, the richness of services and functions are all important factors that determine the competitiveness of enterprises. Xiangxin Technology and Fengping Intelligent are constantly promoting the innovation and application of virtual human technology. I believe that more enterprises will join the research and development and application of virtual human technology in the future to promote the continuous development of virtual human technology and provide users with more intelligent and personalized services.