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Shanghai securities news, a well-known domestic securities media, once described Xiaomi eco-chain enterprises in "Xiaomi Department": Real Bottleneck and Fantasy Valuation ":

1) Eco-chain enterprises are more like the OEM departments of Xiaomi’s product lines than independent operations;

2) Although the relevant founder is the largest shareholder, the actual control right behind the complicated shareholding structure still belongs to Lei Jun;

3) The high related party transactions make Xiaomi Eco-chain Company and Xiaomi more like a "family".

Since it is a "family", it is common to leverage each other for common development; But once the dependence is formed, it greatly increases the difficulty of capitalization.

As the largest ecological chain group in China, Lei Jun and many enterprises in its Xiaomi ecological chain once dreamed of going to the distant capital market. Now, they have to face the cold reality because the regulators are not stupid.

More than 20 days ago, the proposal of all-magic acoustic backdoor under Xiaomi Ecological Chain was rejected by CSRC, and the right and wrong of Xiaomi Ecological Chain and the ultimate trend of Xiaomi Empire were once again put before the public.

There are two main audit opinions of the M&A Committee of CSRC:

1) The company’s disclosure that the actual controller of Wanmo Acoustics has not changed in recent three years is not sufficient;

2) The sales and profit sources of Wanmo Acoustics are highly dependent on related parties.

If you don’t quite understand the meaning of these two sentences, then compare them with the three descriptions of shanghai securities news above.

In fact, this seemingly dull veto has dealt a fatal blow to Lei Jun and Xiaomi’s eco-chain, and also intuitively demonstrated many business dilemmas of eco-chain enterprises pointed out by the Shanghai Stock Exchange in its report:

Single product structure, serious related party transactions, lack of independent pricing power, excessive dependence of brands and channels on Xiaomi, and doubts about the stability of ownership structure …

The Shanghai Stock Exchange pointed out that "from the business, it is increasingly difficult for eco-chain enterprises and Xiaomi to be independent of each other; From the perspective of capital market rules, eco-chain enterprises may not be listed separately. " If Xiaomi is listed on the A-share market, it will face the problem of related party transactions, and the listing of eco-chain enterprises will face the question of independence.

Serious financial contact interviewed relevant people of Xiaomi Group, and no reply was received as of press time.

01

The backdoor is denied, whose magic acoustics?

The first reason why the CSRC vetoed the backdoor of Wanmo Acoustics is:The company’s disclosure that the actual controller of Wanmo Acoustics has not changed in the past three years is not sufficient.

Translate this sentence as follows:Tell me honestly, who is the boss of Wanmo Acoustics?

In fact, the matter itself is not complicated.

According to the equity change report disclosed by electroacoustic, Wanmo Acoustics was established in October 2013. In December 2016, Xiaomi began to invest in Wanmo Acoustics, mainly producing Xiaomi piston headphones for Xiaomi OEM.

Up to now, Gary Hsieh holds 20.9408% equity of Wanmo Acoustics by adding Hong Kong, HKmore, Wanmo Guanxing, Wanmo Yingren, Wanmo Renju, Wanmo Shuntian and Wanmo Hengqing, and is the actual controller of Wanmo Acoustics on paper.

According to the inquiry announcement, in the historical shareholding change of Wanmo Acoustics, People Better Limited once became the largest shareholder of the company, with a shareholding ratio of 33.32% and a majority of the board seats. The CSRC asked it to supplement whether the actual controller of the company has changed.

In this regard, Wanmo Acoustics replied that the change in shareholding ratio is only the adjustment of the red-chip structure, and the financial investors do not participate in the actual operation, and the actual controller has always been Gary Hsieh. However, supervision is still in doubt.

Why do regulators cling to this issue?

According to the understanding and application of Article 12 of the Measures for the Administration of Initial Public Offering and Listing of Stocks —— Opinions on the Application of Securities and Futures Law No.1 (Zheng Jian Zi [2007] No.15, hereinafter referred to as Opinions on the Application of Securities and Futures Law No.1), the CSRC defines the company’s control right as:

(Source: Official Document of CSRC)

Generally speaking, the identification of the actual controller is based on the principle of "substance is more important than form" and combined with the specific analysis of individual cases.

There are two unavoidable problems:

1) Is the big boss of the company Xiaomi or Gary Hsieh? This is related to the change of ownership structure.

2) Who has the final say in the actual operation of Wanmo? Is it the millet that hatched it, or Gary Hsieh?

According to the description of the absorbed party in the electro-acoustic absorption scheme, People Better Limited was once the largest shareholder of Wanmo Acoustics and held a majority of seats. According to public information,People Better Limited is a subsidiary of Xiaomi Technology Co., Ltd., and the actual controller of Xiaomi Technology is Lei Jun.

(Source: A total of electroacoustic history announcements)

Shunwei, another shareholder of Wanmo Acoustics, Xu Dalai is the actual controller and the former non-executive director of Xiaomi Technology, but as we all know, Lei Jun is the big boss of Shunwei Capital.

(Source: Historical Announcement)

Back to July 31st, 2017, Xiaomi’s People Better Limited and Shunwei TMT(HongKong) Limited invested 16,611,600 yuan and 10,509,300 yuan respectively, holding 33.22% and 21.02% of the shares, with a total holding of 54.24%, and the proper largest shareholder plus the actual controller.

(Source: A total of electroacoustic history announcements)

After several rounds of capital increase and equity transfer,Up to now, the shareholding ratios of People Better Limited and Shunwei TMT(HongKong) Limited are 11.15% and 7.19% respectively, making a total of 18.34%, second only to Gary Hsieh’s 20.9408%.

What is the inner feeling behind the arrangement and change of this ownership structure? Is there a proxy? As a result, Gary Hsieh is only the nominal actual controller? After the evaluation benchmark date announced in the draft merger plan, People Better Limited and Shunwei TMT(HongKong) Limited continued to reduce their shareholding ratio. What is the purpose?

The answers to these questions are the core of the regulatory authorities’ continuous questioning of the actual controller of Wanmo Acoustics.

02

Business dependence and related party transactions rely on Xiaomi to make money?

Regarding the second question that the CSRC is concerned about:The sales and profit sources of Wanmo Acoustics are highly dependent on related parties.This problem is also unavoidable for any party.

Backed by Xiaomi’s powerful channels and traffic, the compound growth rate of Wanmo Acoustics revenue in the past three years is as high as 47%.

However, this performance growth has also caused Wanmo Acoustics to rely on Xiaomi’s performance.

During the reporting period, the sales proportion of the top five customers of Wanmo Acoustics in 2016 -2018 was 86.01%, 83.17% and 83.54% respectively. Among them, Xiaomi Group is a related party and the company’s largest customer, with sales accounting for 59.45%, 64.24% and 60.12% respectively.

You can understand that if there is no Xiaomi, the performance of Wanmo Acoustics will collapse by at least half.

Moreover, such high correlation and dependence also lead to the lack of autonomy in sales channels and product pricing of Wanmo Acoustics:

• Wanmo Acoustics sells Xiaomi ODM products to Xiaomi Communication according to the cost price, but the cost audit is checked by Xiaomi Communication;

• Wanmo Acoustics does not have the independent right to set the retail price of Xiaomi ODM products. The products are sold by Xiaomi according to the fair market price, and the profit is divided into 50%.

It is this dependence and lack of relative autonomy in the main business that determines profits that makes Wanmo’s profitability lower than that of similar companies.

According to the report of Securities Market Weekly, the historical data of Wanmo Acoustics shows that,The gross profit margin of ODM headphones is 23.89% to 27.56%, while that of OBM (private brand) headphones is 33.59% to 38.14%.

In the case that ODM accounts for more than half of the revenue (57.65% in the first half of 2019), most of the surplus value of Wanmo acoustic products is "deprived" by downstream customers, namely Xiaomi.

Business dependence, related party transactions, combined with the CSRC’s questioning of the actual controller of Wanmo Acoustics, it is not difficult for us to understand the real intention of the regulatory authorities to be so cautious.

Behind this is actually a cliche:Why do regulators attach so much importance to related party transactions?

Due to the sales and purchases with related parties, there may be accommodation or even fraud in terms of price, payment method and account period. A large proportion of related party transactions will distort the company’s financial data, which is not conducive to investors’ accurate judgment. At the same time, there are risks such as interest transfer, which is likely to damage the interests of listed companies and thus the interests of investors.

In order to protect the interests of investors, especially small and medium-sized investors, the regulatory authorities are particularly strict in the disclosure management of related party transactions.

However, as an independent enterprise, Wanmo Acoustics is not convincing enough in its sustainable management ability and independence.

03

Capitalization is difficult. Is the label "Xiaomi" an assist or an obstacle?

The problem of magic acoustics is also common in Xiaomi ecological chain enterprises:

1) The adjustment of ownership structure has experienced the changes in equity process from Xiaomi Holdings to Xiaomi’s shareholding;

2) In terms of business structure, Xiaomi is both a related party and the largest customer.

According to the report of Shanghai Stock Exchange, Huami Technology also has the same subtle equity arrangement as Wanmo Acoustics. According to its prospectus, the company’s largest single shareholder is Huami CEO Huang Wang, holding 39.4% of the shares; Shunwei Capital holds 20.4%, and Xiaomi’s fund People Better limited holds 19.3%. Shunwei Capital and Xiaomi are controlled by Lei Jun.. Therefore, although Huang Wang is the largest natural person shareholder, Lei Jun’s consolidated shareholding ratio is 39.7%, which has surpassed Huang Wang.

In addition, judging from the disclosed prospectus, the performance of Huami also reflects that Xiaomi is highly dependent on the eco-chain company: in the first three quarters of 2015, 2016 and 2017, the revenue contributed by mi band to Huami Technology was 870 million yuan, 1.434 billion yuan and 1.068 billion yuan respectively, accounting for 97.1%, 92.1% and 82.4% of Huami Technology’s revenue in the same period.

Coincidentally, Roborock, another typical enterprise of Xiaomi Eco-chain, also experienced repeated inquiries and verification by the regulatory authorities before listing in science and technology innovation board.

According to the prospectus, Roborock’s gross profit margin in recent three years was 19.21%, 21.64% and 28.79% respectively, while Cobos’s gross profit margin remained at around 36%. In terms of splitting, the gross profit margin of its own brand products is 42.06% higher than that of Cobos, but the gross profit margin of "Mijia Robot" produced for Xiaomi is 14.99%, which lowers the average gross profit of the company.

In addition, there are ten business risks related to Xiaomi’s cooperation mode in the prospectus, involving a large number of related transactions, ODM business dependence, foundry selection and so on.

It can be seen that the two fatal problems of the rejection of Wanmo Acoustics also exist in Roborock and Huami Science and Technology.

Looking back on the development of Xiaomi’s ecological chain, Xiaomi and the ecological chain company have achieved mutual success.

Starting from Xiaomi itself, the products of these eco-chain enterprises support the high efficiency of Xiaomi’s offline channels and greatly share the operating costs of offline stores; As for the "world’s largest intelligent hardware IOT platform" planned by Lei Jun for Xiaomi, the mobile phone is only one of the terminals, and the "data" and "control" of products of a number of eco-chain enterprises are also the core of the platform.

To this end, Xiaomi’s approach is:Investing in eco-chain companies, splitting the product departments that should exist into eco-chain companies, and finally making Xiaomi’s shareholding equal to that of the founders of eco-chain companies through ingenious equity design, thus achieving the status quo of controlling these eco-chain companies and seemingly "independent".

According to this capital path, "eco-chain enterprises" will be listed independently, and Xiaomi will convert the business income of its multi-product lines into investment income. At the same time, there will be a number of listed companies in the whole system of Xiaomi, which will open up new space for the capital operation of Xiaomi.

This is the capital imagination of Xiaomi and its ecological chain.

But in the process of capitalization, the disadvantages of ecological chain are gradually emerging:

• Eco-chain enterprises are more like the OEM departments of Xiaomi’s product lines. They have no independent pricing power and product autonomy. Their own brand channels and capital are weaker than the OEM model, and their independent operation is doubtful.
• In terms of shareholding structure, although the relevant founder is the largest shareholder. However, tracing back to the actual control right behind the complex ownership structure, there are Lei Jun or Xiaomi, and problems such as A-shares and related party transactions cannot be avoided.

From this perspective, the independent development of eco-chain enterprises may be a good wish from the beginning.

THE END

This article is written bySerious finance and economicsOriginal production, please do not reprint without permission.

Wen | Fu Jie♀

In terms of appearance, the overall shape of the new ct4 is consistent with the overseas version, and the latest family-style design language is also adopted. The front face adopts a large-size black shield grille with brand logo, which looks very dynamic. The teary-eyed headlights on both sides make the new car look more fashionable. At the same time, the new car also uses a sporty front surround and adds black decoration to make it more sporty.

For the interior, the latest family-style design style is adopted, equipped with the latest three-position steering wheel and shift paddles, and the overall interior style is more sporty. In terms of configuration, the new car will provide 8.0-inch LCD screen, moli leather seat, bose audio, active noise reduction, front seat heating and ventilation, second generation, panoramic image, panoramic sunroof and other configurations.

The length, width and height are 4760×1815×1428mm, respectively, and the wheelbase has reached 2775mm, ranking eighth in the same class. This size exceeds most models in its class. The actual interior space performance is also very good. From the actual ride experience, the front and rear rows are relatively spacious. The design of skylight also increases the subjective space feeling of front and rear passengers. Among the models of the same price and class, the trunk volume of Cadillac CT4 ranks fifth. Spatial performance is limited by vehicle positioning, and the performance is acceptable, and the flatness is no problem, but the total space is average.

Cadillac CT428T Premium Edition uses a 2.0 engine, with a maximum horsepower of 237 and a peak torque of 350, matching the automatic manual transmission (AT). It will definitely bring unforgettable control charm. The official measured acceleration of Cadillac CT4 is 6.9S, ranking 7th among 180,000-250,000 medium-sized cars.

The active/passive safety configuration of Cadillac CT4 is complete, includingAutomatic parking、Zero tire pressure endurance tire、Automatic parking、Steep slope descent、hill start assist control、knee airbag、HUD head-up display、Anti-lock braking (ABS)、Braking force distribution (EBD/CBC, etc.)、Brake assist (EBA/BAS, etc.)、Traction control (ASR/TCS, etc.)、Active noise reduction、Engine start and stop、Side safety air curtain、Wireless charging of mobile phone、night vision system、LED daytime running lights、Forward reversing radar、Tire pressure monitoring、Steering wheel heating、Body stability control (ESP/DSC, etc.)、Rear reversing radar、Fatigue reminder、Remote parking、Child seat interface、Lane keeping (LKAS)Equal configuration.

Among them,Automatic parkingYou can avoid stepping on the brakes for a long time or needing to pull frequently;Steep slope descentCan safely pass through steep slope road conditions at low speed;knee airbagReduce the injury of the car interior to the occupant’s knees in the secondary collision.

If the above data and participation can’t fully understand Cadillac CT4, then we can give you a more comprehensive reference based on the word-of-mouth information of users who have purchased Cadillac CT4 in history. It can be seen that what everyone is most satisfied with the Cadillac CT4 is that its acceleration is very powerful. In addition, the appearance is very consistent and the appearance of the car is handsome, which is what everyone likes about it.

　　BEIJING, Oct. 10 (Xinhua) According to a report by Bloomberg local time on Oct. 9, Hungarian Prime Minister Orban said that it would be counterproductive for the EU to impose tariffs on electric vehicles in China.

　　According to reports, in his speech on the 9th, Orban criticized the European Union for not considering the interests of the European automobile industry when setting environmental targets. He told the European Parliament that the lack of planning means that the automobile industry will be "bleeding", and supporting the decision to impose tariffs on China’s electric vehicles will only lead to more unemployment.

　　According to Agence France-Presse reported earlier, EU member states recently voted to pass the final draft of the EU anti-subsidy case on electric vehicles submitted by the European Commission, among which five EU member states including Hungary and Germany voted against it, while 12 countries including Spain and Sweden abstained.

　　On October 9th, a spokesman for China’s Ministry of Commerce said that the EU’s countervailing investigation on China’s electric vehicles was not based on industrial application. In fact, the relevant European member States and their industries also had great objections. The relevant measures taken by the European side are seriously lacking in factual and legal basis, obviously violating WTO rules, and practicing trade protectionism in the name of trade remedy.

　　The spokesman said that China has always opposed the abuse of trade remedy measures and urged the European side to immediately correct its wrong practices and jointly safeguard the overall economic and trade situation between China and Europe.

　　

Recently, in the release of Huawei’s flagship new product in the spring of 2023, the official solemnly announced that Huawei’s advanced intelligent driving version of Wujie M5 and Wujie M5 EV will meet with consumers in April. In this flagship new product launch, Huawei Yu Chengdong said that Huawei’s M5 Advanced Intelligent Driving Edition will bring unprecedented intelligent driving experience to users. At the same time, all models of Huawei will upgrade the HarmonyOS 3, bringing users a top-level intelligent cockpit experience.

Huawei will upgrade all models in the world to HarmonyOS 3.

HarmonyOS 3 has made remarkable improvements in enhancing the intelligence of automobiles, realized the seamless connection experience of multiple products in the whole scene, and brought users a relaxed, convenient and experienced immersive driving experience. Its functions are also brand-new, such as super desktop, PC collaboration, intelligent car search, small art reminder, small art wake-up-free and HUD height adaptive adjustment, etc., and also introduced the privacy mode of the main driver to ensure the safety of user information.

At the press conference, Huawei announced that all models of Huawei will be upgraded to HarmonyOS 3, which means that car owners can not only enjoy the convenience of intelligent driving, but also experience the top experience of HarmonyOS 3 intelligent cockpit. HarmonyOS 3 breaks the three major pain points of "less application, slow upgrade and poor experience" in the past, and makes use of human factors technology and distributed technology, so that car owners can operate more easily, have a more comfortable interactive experience, obtain content resources more easily, have a smarter functional experience and have more convenient cross-device connection and control ability.

Huawei’s full stack technology deeply empowers Huawei to ask for boundaries.

The blessing of Huawei’s full-stack technology has brought top-level driving and control strength to all products in Huawei. In addition to the most advanced intelligent strength, the HUAWEI DriveONE electric drive platform provides a super-running four-second acceleration performance of zero hundred kilometers. Huawei’s self-developed HUAWEI DATS dynamic adaptive torque system can effectively improve the driving comfort of the vehicle during dynamic driving, making the vehicle more aware of the road and more calm, with leading handling and comfort at the same level. The strong and stable electric drive output of HUAWEI DriveONE three-in-one electric drive platform benefits from the industry-leading precision oil cooling technology, which greatly reduces the volume and noise of electric drive, fundamentally improves the power and quietness, and allows users to experience lower energy consumption and quiet driving, which perfectly combines power and economy.

Huawei’s M5 series high-end intelligent driving version adopts the ultimate aesthetic front face design, such as the low-down and forward-looking shape of the sports car, which not only shapes the dynamic momentum with full sense of output and great sense of movement, but also continues the simplicity and purity of the family. The interior fully demonstrates the concept of people-oriented open space, and the enclosed independent cockpit design. The interior of the whole vehicle is covered with high-grade Nappa leather, all-water leather and warm touch wood grain to create a fashionable interior with value. It is not only natural and environmentally friendly, but also brings users a soft experience closest to human skin, and it shows elegance and luxury everywhere.

Quality and word-of-mouth double harvest, Huawei is widely recognized in the world.

In the "Quality Report of New Passenger Cars in 2022", Huawei ranked first in the quality ranking of new energy brands, far ahead of the industry average. The comprehensive quality of Huawei’s industry has been recognized by consumers and many well-known media. The net recommended value of NPS for car owners is as high as 86.4%, ranking first in the industry. Excellent product quality shows that Huawei’s brand value has been recognized by users. The quality of Huawei’s products has won the favor of many users, which is inseparable from Huawei’s advanced research and development technology. Huawei is equipped with a number of independent latest technologies from Huawei to provide a strong car experience guarantee to meet customer needs.

Huawei officially announced that the advanced intelligent driving versions of Huawei’s Wujie M5 and Wujie M5 EV will be released in April, which will become a new benchmark for new energy vehicles in the 250,000-350,000 market segment. The high-end intelligent driving version launched this time aims to improve Huawei’s M5 family product sequence, providing consumers with more car purchase options. Huawei’s M5 Series Advanced Intelligent Driving Edition combines Huawei’s latest advanced intelligent driving and HarmonyOS 3 intelligent cockpit technology to provide a smarter, more convenient and more comfortable car experience. Backed by Huawei technology, Huawei’s M5 series advanced intelligent driving edition has top intelligent driving ability and extraordinary intelligent cockpit experience. We look forward to further practical experience and measured feedback after the release.

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Strive for table tennis.

Table tennis is wonderful.

The Fourth Table Tennis Competition of Intermediate People’s Court

Exercise stretches health,

Competition inspires vitality.

On the sports stage,

Let’s work together-

With sweat and hard work,

With strength and tenacity,

Write poems of life!

opening ceremony

In order to enrich the cultural construction of the court and fully display the healthy spirit of the police, the Loudi Intermediate People’s Court held the fourth table tennis competition on the evening of December 13th and 14th. Li Zhengming, Party Secretary and Dean of the Intermediate People’s Court, attended the event. Xia Ziwei, member of the party group and vice president of the Intermediate People’s Court, made an opening speech.

Player style

Based on the principle of "national fitness, joint participation", a total of eight teams were formed to participate in the competition. On the field, the athletes were enthusiastic and devoted themselves to the competition, such as the straight shot, the horizontal shot, the spike, the spin ball, the curveball … Everyone chased after me, not to be outdone, and the wonderful moments were constantly staged, with cheers and applause one after another. The players showed their achievements, confidence and style. Every game, adhering to the belief of "never give up until the ball hits the ground", shows the energetic, combative and enterprising spirit of the court people in the new era.

After fierce competition, a total of 1 first prize was produced; 2 second prizes; 3 third prizes; 2 outstanding organization awards; 2 outstanding athletes.

Everyone has said that through this competition, they have strengthened their physique, tempered their will and exercised their team. In the future work, we will gather the courage and fearlessness shown in the competition into full enthusiasm for work, and make greater contributions to the sprint and the high-quality development of the court at the end of the year!

Original title: "Strive for" Ping-pong "Bo, and" Ping-pong "is wonderful-the Fourth Table Tennis Competition of Loudi Intermediate People’s Court"

Read the original text

Author: Liu Xinyu

The combination of artificial intelligence technology and unmanned aerial vehicle will greatly change the existing theory and mode of military operations. The power of artificial intelligence plays a role at all levels of the national defense industry, and the rapid development of artificial intelligence will define the next generation of war. Recently, ChatGPT, a generative artificial intelligence technology developed by OpenAI, has been paid attention to and used all over the world. ChatGPT is a large-scale generative pre-training language model based on transformer. It can train in existing data sets and generate texts similar to human language. This unique ability makes it an ideal tool for military applications. The underlying natural language model and technology that provides power for ChatGPT may completely change the artificial intelligence on the battlefield and have a great impact on the situation awareness and independent decision-making methods in future wars.

Intelligent situational awareness in the whole information domain

In the future military field, there will be a battlefield environment with complex information, high confrontation and changeable tasks. The highly uncertain combat environment puts forward extremely high requirements for the independent perception and cognitive ability of combat equipment. Military equipment needs to have the ability of automatic target detection and identification and multi-sensor data fusion. It can detect and fuse enemy target information and its own support information through autonomous and receiving information acquisition methods, and perceive the battlefield situation and extract important information for subsequent decision-making on the basis of obtaining full information domain.

Based on the demand for intelligent situational awareness, the generative artificial intelligence technology ChatGPT can be integrated into military vehicles, aircraft and other combat systems. With the application of artificial intelligence language robots trained by a large number of models, the required real-time information can be effectively coordinated in a multi-domain environment, and the input data from various sensors can be analyzed to generate a complete, comprehensive and real-time updated operational environment map.

Intelligent technology can play a key role in future military operations. Generative artificial intelligence technology can rely on its strong creativity, understanding and response speed to obtain cross-domain intelligence and battlefield situation data, improve the ability of insight into intelligence, form a highly simulated situation scene, realize dialogue between people and battlefield environment, provide real-time information and situation prediction, enhance the real-time and decision-making of battlefield situation perception, and better support real-time decision-making in military operations.

Real-time and efficient intelligent independent decision-making ability

At present, the autonomous decision-making ability of aircraft has been initially characterized by intelligence and independence. The US Air Force uses artificial intelligence "decision-making assistant tools" in distributed common ground system (DCGS) to help sort out and integrate a large amount of data. This artificial intelligence system connects most airborne intelligence and monitoring and reconnaissance platforms of the US Air Force, and integrates artificial intelligence technology into training to expand into other fields.

If the generative artificial intelligence technology ChatGPT is introduced into the decision-making method of aircraft, it can provide real-time information about enemy positions, movements and capabilities, as well as the advantages and disadvantages of friendly forces in tactical situations based on the prior information database and real-time signal, data and image databases, and at the same time based on the real-time interaction between aircraft and environment, so as to analyze, reason and make decisions, and realize rapid response to battlefield decision-making.

The generative artificial intelligence robot can generate multiple sets of operational plans in a short time when the aircraft is faced with complex and uncertain operational conditions, and preview the battlefield process and results for each set of plans, so as to generate real-time optimal decisions in the face of complex requirements in terms of information acquisition, reaction time, calculation speed, tactical evolution and comprehensive evaluation, and support decision makers with diversified decision plans and deduction results.

Real-time and efficient intelligent autonomous decision-making method can cover the complex situation in real combat environment, play a similar role to human brain in high uncertainty environment, dynamically adjust attack and protection strategies according to real-time situation awareness and operational effectiveness evaluation, and realize efficient confrontation through closed loop of process.

Enlightenment and prospect of intelligent military

Generative artificial intelligence technology breaks the logic of time series calculation, and makes artificial intelligence in multiple sub-fields begin to merge technically. As a new technology in the field of artificial intelligence, deploying ChatGPT in military operations may enhance cross-domain combat capability and realize situational awareness and real-time independent decision-making in all information domains. In the future battlefield, if we can deploy the top-level layout and bottom-level algorithm of generative artificial intelligence with the guidance of military operations and equipment development, with its ability of understanding, responding and interacting with people, we can greatly improve the cognitive and decision-making methods in the battlefield, promote the technical upgrading in key areas, and realize the optimization iteration of combat capability.

From the point of view of data and subsequent development, generative artificial intelligence technology is a more advanced neural network deep learning algorithm, which has high requirements for training data, depends on the authenticity of training data and is easily disturbed by external information. Because of the long training time and billions of parameters, automatic machine learning is needed for multiple lines to generate better calculation results. Therefore, when transforming the technological achievements of generative artificial intelligence, it is necessary to take into account the parameterization requirements of scientific research technology development and the automation requirements of equipment application development, so as to achieve the balance between scientific research liquidity and industrial productization.

Generative artificial intelligence has brought a new paradigm to military applications and set a new route for the next generation of military operations. It is the main problem to apply generative artificial intelligence technology to the military field to actively explore the representation form of situation awareness and decision-making tasks for different military problems and consider how to use effective information for large-scale pre-training. The combination of artificial intelligence technology and military operations and technological innovation will reserve new ways for situation awareness and independent decision-making in future operations, and realize intelligent support for the development of new military equipment.

Messi assists Mbappé in the lore.

In the early morning of March 12th, Beijing time, brest played at home in the 27th round of Ligue 1 against Paris Saint-Germain. As there are probably four relegation teams in Ligue 1 this season, brest ranks 15th, but only one point ahead of the relegation zone. In terms of total value, the Paris team is as high as 890 million, while brest is only 80 million.

In the 37th minute of the game, Messi instigated the attack, and Mbappé shot hard and was saved, but the ball was not far away, and Sohler made up the shot to break the goal.

In the 44th minute, brest got the chance through a simple long pass, and Hornot faced the defense of the two men and shot from a small angle to equalize the score.

In the 90th minute, Messi sent a wonderful assist, Mbappé passed the goalkeeper and finished the lore. Messi completed the milestone of 300 assists and Mbappé scored 2000 goals.

In the end, Paris beat brest 2-1 away, got rid of the depression of the Champions League and ushered in a four-game winning streak.

At 22: 30 pm on March 11th, Bayern beat augsburg 5-3 in the 24th round of the Bundesliga.

In the second minute, Berisha turned and shot low, hitting the ball into the lower right corner of the goal. Sommer couldn’t save it, and Bayern scored 0-1.

In the 16th minute, Sane divided the ball to the right in front of the penalty area. Cancelo caught the ball and entered the penalty area. He swung past the defender’s right foot and volleyed at a small angle. Bayern equalized the score 1-1.

In the 19th minute, Manet passed the ball with a barb on the right side of the penalty area, and pawar shot the ball in front of the door. Bayern overtook augsburg 2-1.

In the 35th minute, Bayern’s right corner kicked into the penalty area, and Delicht grabbed the header in the middle, and the goalkeeper flew to save the ball. pawar’s right foot volley in front of the door scored twice, and Bayern scored 3-1 augsburg.

In the 45th minute, Manet volleyed his left foot from the restricted area and was saved. Sanet headed into the empty net in front of the door, and Bayern led augsburg 4-1.

In the 55th minute, Berisha took the penalty. He tricked Sommer into hitting the right side of the goal and scored twice. augsburg was 2-4 behind Bayern.

In the 74th minute, Bayern made a reactionary fast break after stealing in the frontcourt. Cancelo passed the back point on the right side of the penalty area, Alfonso Davidson volleyed the goal, and Bayern led augsburg 5-2.

In the 93rd minute, Vargas made a high-speed dash with the ball on the left, and came to the front of the bottom line on the left side of the penalty area. cardona followed him and scored a goal. augsburg scored 3-5 Bayern.

Bayern started: 27- Sommer, 2- Yu Pamekano, 4- Driget (83′ 23-Blind), 5- pawar, 19- Alfonso-Davies (77′ 40- Mazravi), 22- Cancelo, 6- kimmich, 7- Gnabry (71′ 25-Muller).

Augsburg starting: 1- Ji Chivici, 2- Gumny (46′ 22-Yago), 6- Gouweleeuw, 23- Bauer, 3- pedersen, 27- engers (46′ 13- Rexbeke), 14- Baumgartlinger, 10-A- Mayer (77′ 34