The sudden entry of the "giant" broke the development rhythm of the entire community group buying track, and the rules of the game changed accordingly. The industry changed from "fighting for innovation", "fighting for execution" to "fighting for capital" and "fighting for subsidies". It is not surprising that Tongcheng Life has embarked on an inverted "V" shaped trajectory from rise to fall.

　　The "giants" are still rolling in the track of community group buying, but the start-up company that started first was "easily" crushed. On the morning of July 7, the community group buying platform Tongcheng Life (now renamed Honey Orange Life) officially declared bankruptcy. According to reporters, its founder, chairperson and CEO He Pengyu was still in talks with suppliers that night. During the meeting for more than 4 hours, he cried several times and promised to try his best to pay off the debt, but he was unable to recover.

　　On the community group buying track, Tongcheng Life is not the first company to declare bankruptcy, but because of its high reputation, its bankruptcy was called "the first case of community group buying bankruptcy" by the media, causing industry shock.

　　Why did Tongcheng Life "die suddenly"? What is the situation of community group buying now? The reporter interviewed some people familiar with the matter.

　　Shift from innovation to subsidies

　　The usual cause of company bankruptcies is poor management, but Tongcheng Life, which was established in January 2018 and belongs to Suzhou Fresh Orange Technology Co., Ltd., is obviously not one of them. The inverted "V" trajectory of Tongcheng Life from rise to rapid "fall" can be clearly seen in the internal letter sent by He Pengyu to employees and suppliers. According to He Pengyu’s open letter, in only about a year and a half, "Tongcheng Life has achieved the front-end performance of the contract and entered a healthy development stage."

　　At that time, Tongcheng Life was still a star on the community group buying track, which was recognized by many investment institutions. According to reports, Tongcheng Life received 4 rounds of financing in a row in 2019, ranging from tens of millions of yuan to 100 million US dollars. In June 2020, Tongcheng Life announced the completion of 200 million US dollars C round of financing. According to public reports, its valuation before bankruptcy was about 1 billion US dollars, which can be regarded as a small and beautiful start-up company.

　　In the past two years or so, the community group buying model developed from fresh food e-commerce has rapidly developed into a new format in the e-commerce industry, providing a new way for the development of farmers and rich farmers and the absorption of flexible employment in cities and towns, and attracting a large number of entrepreneurial teams. Ten Hui Tuan, Xingsheng Preferred and Tongcheng Life are the three fastest teams, once known as the "old three groups" by the outside world.

　　However, the booming community group buying market has also attracted "giants" to enter the market. Since September 2020, Ali, Meituan, Didi, Pinduoduo and others have resorted to price war "big killers", and "1 cent to buy vegetables" has become popular. Even the vendors in the vegetable market have felt the pressure.

　　The sudden entry of "giants" broke the development rhythm of the entire community group buying track, and the rules of the game changed accordingly. The industry changed from "fighting for innovation" and "fighting for execution" to "fighting for capital" and "fighting for subsidies".

　　According to the reporter’s understanding, in the face of the sudden arrival of the survival crisis, Tongcheng Life has also struggled, seeking capital mergers and acquisitions while striving for performance. It has discussed acquisition intentions with JD.com, Ali, ByteDance, Meituan, etc., and even has a team settled in for due diligence, but ultimately failed due to changes in the industry trend.

　　Li Ming (a pseudonym), a former executive of Tongcheng Life, told reporters that "at the end of June, Tongcheng Life also hoped to get better business data through increased marketing efforts, so as to obtain the olive branch of a’giant ‘merger, but unfortunately it was rejected again. Later, due to the expiration of the brand authorization, the executive decided to start a name change and strategic transformation to make a comeback. Unfortunately, at this time, the supplier began to concentrate on the run to collect payment, which eventually led to the collapse of the capital chain."

　　At present, community group buying is still in the stage of rapid expansion and growth. Meituan (Meituan Preferred), Pinduoduo, and Didi (Orange Heart Preferred) have occupied the top position, and Xingsheng Preferred and Ten Hui Tuan have also been incorporated by JD.com and Ali. After the departure of Tongcheng Life, community group buying has become a game for "giants".

　　After the shopping, the industry will lose a lot.

　　After the community group buying track fully entered the era of "giants", price-fighting and long-term rebates became the norm, and no one could achieve positive benefits in the short term. Service innovation and experience innovation on the user side stagnated, and the entire industry suffered serious internal friction.

　　It is understood that the profit margin of the community group buying industry has rapidly declined from profit to loss. Li Ming revealed that before the "giant" entered the market (before September 2020), the monthly sales of platforms like Tongcheng Life were between 800 million yuan and 1.20 billion yuan, and the gross profit was about 20%. After the "giant" entered, with the huge subsidies for consumers and the competition for the "head", the monthly revenue of the platform fell by up to 80%, and the gross profit directly became negative. The entire community group buying market also further slid into the quagmire of industry-wide losses.

　　In December 2020, the State Administration for Market Regulation and the Ministry of Commerce jointly organized an administrative guidance meeting to standardize the order of community group buying, which was attended by six Internet platform companies including Alibaba, Tencent, JD.com, Meituan, Pinduoduo, and Didi. At the meeting, the community group buying "nine must not" was proposed. In March this year, the operating entities behind five community group buying platforms including Meituan Preferred (Shenzhen Meituan Preferred Technology Co., Ltd.) were fined 1.50 million yuan for suspected unfair price behavior.

　　But this still failed to curb the expansion of the "giants". On the one hand, they "hide their positions" and continue to engage in similar "1 cent" activities. On the other hand, they seize the end point market by greatly increasing the commission rewards and subsidies for the "heads". Li Ming said that at present, the rewards and subsidies given by several giants to community groups buying end point "heads" have reached a maximum level of 15% to 18%, basically subsidizing the platform’s own income. This is already irrational competition and is suspected of disguised price war.

　　On July 8, the reporter inquired about some community group buying platforms, not only the activity of "15 eggs clocked in 5 days", but also 1.25 yuan a catty of sand sweet potatoes and 0.99 yuan a red dragon fruit. On the community fresh platform, similar red dragon fruits cost about 4 yuan to 5 yuan each, and sand sweet potatoes cost 5 yuan a catty, which is much higher than the community group buying platform.

　　Behind the shopping prices and subsidies is the huge loss of the entire industry. According to public reports, Meituan’s adjusted net loss reached 3.892 billion yuan in the first quarter of this year, and Meituan’s investment in the community group buying business was about 10 billion yuan, which is expected to reach 20 billion yuan this year. In the first quarter, Pinduoduo’s gross profit fell to 49.74%. Pinduoduo invested about 6 billion yuan in buying vegetables in Duoduo, and will increase investment in 2021.

　　Under the mess, suppliers are affected

　　From thriving performance to being forced to declare bankruptcy and exit, the closure of Tongcheng Life is not only regrettable, but also leaves a trail of chicken feathers.

　　In the early morning of July 8, He Pengyu issued an open letter through his personal Moments, proposing three solutions to the bankruptcy of Tongcheng Life: to maximize the protection of the rights and interests of all creditors within the scope of the law; to make every effort to preserve existing assets, hand them over to the court for proper storage and treatment, and actively cooperate with the government’s guidance to offset debts with company assets; if the assets are not enough to offset debts, He Pengyu promises to start a business again, "I will record every debt clearly, and use all my personal efforts to repay debts."

　　It is also understood that on July 8, Tongcheng Life issued a repayment plan for the supplier before initiating the bankruptcy liquidation process. Previously, it had paid employees’ salaries in June and also promised to pay social security for employees in the future.

　　Although the entrepreneurial team of Tongcheng Life tried their best to make up for it, there were still many vegetable farmers, small traders, and even large and medium-sized suppliers who did not receive the payment on time.

　　A livestock company has cooperated with Tongcheng Life to supply egg products since 2019, and it was owed nearly 800,000 yuan. After the crisis broke out in Tongcheng Life, Mr. Wang, the person in charge of the company, came to ask for the arrears. "There are hundreds of egg farmers behind me, so I have to come to collect debts."

　　According to the latest situation, on July 8, Tongcheng Life has started to repay some of the suppliers’ debts in advance, and the rest will be allocated by the court after the bankruptcy liquidation process starts. The work is still being carried out in an orderly manner.

　　As of the morning of July 9, there were more than 600 suppliers who had reached repayment agreements with Orange Technology, mainly from the financing loans raised by He Pengyu and his team.

　　On July 9, Mr. Wang booked a return ticket with a repayment agreement. But next time, if there is another community group buying platform flash crash, will the suppliers be so lucky?

At noon on November 29, China Hengda Group announced on the Hong Kong Stock Exchange that it had noticed the announcement issued by Hengda Property on November 28, which concerned its subsidiary Jinbi Property Co., Ltd. to recover about RMB 1.996 billion and about RMB 152 million from the company and three related subsidiaries for the enforcement of its RMB 2 billion deposit certificate pledge guarantee by the bank.

China Evergrande Group said that as of the date of the announcement, the company and related subsidiaries have not received the notice from the Guangzhou Intermediate People’s Court in Guangdong Province to file a lawsuit against Jinbi Property.

The company will seek legal advice to safeguard the company’s legal rights. The company will issue further announcements in due course on any significant developments in the above litigation.

As of press time, China Evergrande Group reported HK $0.230/share, down 8.00%, and the total market value 3.037 billion HK $.

Previously reported: Sudden! Evergrande Property Sues Evergrande Group

Source, Reading Finance

Original title: "Evergrande Group’s latest response!"

Read the original text

"Big factories should lower their profile, so that they can do a good job in the’big ‘business of’a few taels of silver’ among all living beings."

Author/Xuan Qing

On the night of November 27, Didi Chuxing experienced "system paralysis". The Didi Chuxing APP in Shanghai, Beijing, Guangzhou and other places could not be used, and the map could not be loaded. Some netizens said that after using Didi to call the online car-hailing, the APP suddenly could not be used, and the driver could not find the passenger. On the morning of the 28th, Didi Chuxing issued an apology, saying that after the technical team repaired overnight, some Didi online car-hailing services had been restored.

This Didi system crash is a total paralysis. Not only the user side cannot be used normally, but also the driver side and Didi’s intranet have problems. It is reported that the functional paralysis lasted for nearly 12 hours, which is also the longest failure of Didi Chuxing in recent years. It is identified as P0 level (P0 level failure is the most serious, with the greatest impact, and important functions related to core business are not available).

It was not until the 29th that Didi officially released the investigation results, saying that the cause of the accident was "the failure of the underlying system software", and all services of the Didi App have been restored.

So far, the first large-scale technical obstacles for the largest online car-hailing company on the whole network have been temporarily ended.

Interestingly, after an Internet company suffered a major failure of network technology and calmed down the storm for two days and one night, it triggered an "avalanche" effect.

01

Credit plummets, runs begin

After the incident, perhaps Didi’s public relations response to the crisis was lagging behind. When users did not receive reliable feedback at the first time, there was a panic of cashing in. The topics of "a driver’s income exceeded 69 billion yuan" and "some Didi drivers began to withdraw cash" suddenly rushed to the hot search, triggering a chain reaction.

On the afternoon of the 28th, some Didi drivers began to withdraw cash and advertise it in the internal group.

"Everyone in the group is saying that Didi has collapsed. It’s not a problem of a few cities. The situation of collapse is still varied. Some people can’t open the map, some people can’t hear the voice instructions, and some people have been cancelled more than a dozen orders for no reason." The driver reported that due to system obstacles, he is very worried about illegal deduction points and misjudgment, so he will not take orders easily.

The most important thing is that some time ago, Didi changed the withdrawal rules. Drivers with level L1 cannot withdraw cash every day, which makes some drivers very angry: "Now there is a problem with the system again, and our attendance points are affected. If the account money is less, who can tell?"

There are also drivers who hope to take advantage of the "loophole" in the system to withdraw cash as soon as possible. "The maximum withdrawal is 3 times on the same day, and each time it does not exceed 5,000 yuan. If someone wants to take the opportunity, they can withdraw as much as they want." Even if they can’t bring it up, they also consider transferring to financial management to buy Didi’s own "Didi Kumquat Treasure". In short, they cannot keep all the funds in the account.

This is not the first time that Didi owners have questioned the withdrawal rules, but the system paralysis has once again touched the sensitive nerves of drivers who have run wild due to the "overlord clause".

It is unfair that so much money is being put into the Didi system for free. Previously, many drivers claimed that they were not given withdrawal rules when they registered with Didi, nor were they told whether the funds in their accounts were eligible for deposit, nor did they sign relevant agreements.

Over the ownership of funds and safety issues, Didi has been unable to establish a trust relationship with the majority of drivers. There was a post on the Internet of "clever withdrawal" and "looking for withdrawal loopholes", which also shows that the two sides are in a state of departure from defense.

02

The trick behind the withdrawal

While Didi drivers are frantically withdrawing cash, many netizens are also reflecting on how to ensure the safety of funds if the online car-hailing platform is paralyzed. At present, major online car-hailing payment and capital account platforms have restrictions on withdrawal time and quota.

Some platforms even play "trick". Some drivers find that when using a certain platform, if they choose to withdraw cash, the system will display "need to wait", and when the time is up, it will become "outdated"; some drivers want to withdraw and cancel the account, but the customer service says that the withdrawal is limited to 20 minutes, and if they want to cancel, they must have "zero balance".

Such as disordered withdrawal time, delayed arrival of money, and indiscriminate deduction of performance are common problems in the current online car-hailing market. No matter what kind of business model, old drivers have also begun to be vigilant, because the "harsh" of online car-hailing platforms in terms of money is often a precursor to the collapse of the company. Such as Zebra, Yidao, Wanshun, Jiqi and other online car-hailing platforms, there have been situations where "it is difficult to withdraw cash, there are many tricks, and playing tricks".

Previously, there was a "partner model" that was popular in the car circle, that is, the driver signed a water withholding agreement with the leasing company and paid the service fee. The online car-hailing aggregation platform deducted the running income from the driver’s account to the leasing company’s account every week, and the leasing company earned this running money. This low-threshold rent has attracted a large number of small white drivers to join the small platform, but many people report that only the account balance can be seen at the settlement, and there is no withdrawal permission. The leasing company will return the remaining after the fee is deducted the next month.

Autonavi Maps and Baidu Maps are typical "aggregation platforms". On Autonavi alone, more than a dozen online car-hailing platforms have been aggregated, but the safety factor of these small online car-hailing platforms is too low. From consumers placing orders to drivers receiving orders, and then to the platform settling funds for drivers, there is no problem with this closed-loop transaction itself. But since leasing companies involve capital precipitation, it is likely to form a so-called "capital pool".

According to industry sources, the online car-hailing platform has touched the "second settlement" red line of supervision by transferring customer funds without obtaining the "Payment Business License" and then settling the settlement with the platform’s secondary merchants by the online platform. There are potential operational or financial risks.

According to relevant data, there are currently 330 online car-hailing platform companies across the country that have obtained business licenses, but September data shows that 59 platforms have not transmitted data for more than 180 days. Most small and medium-sized online car-hailing platforms do not have "payment business" licenses. Many are on the verge of elimination, and the safety of funds is even more difficult to avoid.

As insiders say, many small ride-hailing platforms use the "guise of the Internet" to lure drivers into joining, but in fact they are doing illegal fund-raising.

03

Platform versus driver

From a deeper perspective, the "twisting" relationship between online car-hailing platforms and drivers has become more and more intense. "No matter which platform, the draw is more than 30%. And there are a lot of tricks in the delivery of orders." A driver who went to Beijing’s online car-hailing revealed that now the commission of Didi, Baidu and Autonavi has been continuously increased, and there have been problems such as opaque delivery orders, long-distance delivery orders, mandatory delivery orders, and no delivery orders during peak periods.

"This year’s business is too difficult, the number of orders is reduced, the commission is too high, and there are all kinds of algorithmic traps." Mr. Liu, an online ride-hailing driver, said that many platforms will "kill the goose and get the egg", and continue to take up the ante when they know that the driver is not making money or losing money.

"The platform knows very well that many Xiaobai drivers have signed a one-year lease contract, and even if they can’t do it, they will insist on expiring for one year, so the company has no fear." Mr. Liu said that no matter which city in the country, the online ride-hailing algorithm is suppressing the enthusiasm of drivers, and drivers are more willing to choose to take orders.

Users are not immune to the platform’s confrontation with drivers. Many users find that the cost of hailing a taxi during peak periods is one to three times that of usual, and even if the fare continues to increase, few drivers take orders. "During peak periods, we only take large orders over 20 kilometers, and we do not take short-distance orders." Some drivers said that when the platform’s commission is too high, they will start to take selective orders, so as not to "run more, lose more."

From the point of view of Didi withdrawal, there are many thunder in the growth of the online car-hailing platform, which is "picking up wool" from each other. When it is a win-win situation, each company is happy, and when it is in trouble, they are rushing away. How to cultivate a well-regulated, honest and compliant online car-hailing market requires the patience and sincerity of the platform.

Didi said in its latest announcement that the relevant losses will be calculated normally, and the payment will be made up one after another, and the driver’s word-of-mouth value and travel points will also be calculated normally, and the display will be resumed one after another. To show its sincerity, Didi’s "10 yuan apology subsidy" has been distributed across the network, hoping to restore its word-of-mouth. This is also a reassurance for everyone.

We hope that the big factories will lower their stance. Because only in this way can they do a "big" business of "a few taels of silver" among all living beings.

June 20th at 13:13,Community group buyingThe sector index reported 616.576 points, down 2%, with a turnover of 1.991 billion yuan and a turnover rate of 1.02%.
Among the stocks in the sector, the top five stocks with the largest declines were:Haixin FoodReported 3.63 yuan, down 5.47%.PINWOOD FOODIt was quoted at 14.05 yuan, down 4.03%; ST was quoted at 3.41 yuan, down 3.13%.Nandu PropertyIt was reported at 8.31 yuan, down 3.03%.Xi’an dietAt 7.08 yuan, it fell 3.01%.

　　The 2024 Haoyue L has launched three models, and the market guidance price is 127,900-147,900 yuan. The new car has upgraded the central control large screen and the car system, in which the central control screen has been upgraded from the current 12.3 inches to 14.6 inches, and the car system has also been upgraded from Galaxy OS to Galaxy OS 2.0 version.

　　The new Haoyue L adopts a brand-new design, and the domineering potential energy ice waterfall vertical grille is decorated with plating strips on the outside. The headlights on both sides are lens-shaped, with 244 LED beads inside, and the front face as a whole looks extremely tense. Haoyue L body adopts tough design lines, 19-inch wheels adopt five-width vortex design, and blackened wheel eyebrow components enhance the sense of strength of the vehicle. The length, width and height of the new car are 4860/1910/1770mm and the wheelbase is 2825mm respectively. The tail adopts penetrating taillights, and the red decorative strip is very obvious. There is a thick exhaust decoration on each bumper, and the layout is simple.

　　The 2024 Haoyue L central control large screen has been upgraded from the current 12.3-inch to 14.6-inch, and the car system has also been upgraded from Yinhe 0S to Yinhe 0S 2.0 version. At the same time, the cockpit chip has also been upgraded from E02 of 12nm to E04 of 7nm, and the running memory and storage memory have been significantly upgraded. The central control screen is larger, the car system is more stable, the function is more perfect, and the chip computing power is stronger. The overall operation fluency of the 2024 Haoyue L car machine has increased by 25%, and the startup speed of the APP has increased by 18%. In terms of interior color, the 2024 Haoyue L has added a brand-new Danxia red color scheme, replacing the current desert brown color scheme. At the same time, the new car has also optimized the details of the modeling scheme of the interior panel, further enhancing the luxury of the interior.

　　The 2024 Haoyue L has made a series of adjustments and optimizations to the standard Drive-E 2.0TD engine, and optimized the fuel label to No.92 on the premise that the maximum power of 160kW and the maximum torque of 325N·m remain unchanged, further reducing the cost of users’ cars. (Photo: provided by Geely Automobile)

General Office of Beijing Municipal People’s Government
About deepening reform and promoting the taxi industry
Implementation Opinions for Healthy Development

District people’s governments, municipal government committees, offices, and bureaus,Municipal institutions:

In order to fully implement the "Guiding Opinions of the General Office of the State Council on Deepening Reform and Promoting the Healthy Development of the Taxi Industry" (Guoban Fa [2016] No. 58), actively and steadily promote the reform of the taxi industry in this city, and better meet the diverse travel needs of the people, with the consent of the municipal government, the following implementation opinions are hereby proposed.

Guiding ideology and work objectives

(1) Guiding ideology.

Deeply implement the spirit of the 18th National Congress of the Communist Party of China and the Second, Third, Fourth, Fifth and Sixth Plenary Sessions of the 18th Central Committee of the Communist Party of China, thoroughly study and implement the spirit of the series of important speeches of the General Secretary of the Supreme Leader and the important instructions to Beijing, earnestly implement the decisions and arrangements of the Party Central Committee and the State Council, firmly establish the development concept of innovation, coordination, green, openness and sharing, adhere to the basic idea of giving priority to the development of public transportation and the appropriate development of taxis, in accordance with the principle of "passenger-oriented, reform and innovation, overall consideration and standardization in accordance with the law", actively and steadily promote the reform of the taxi industry in this city, effectively improve the service level and supervision capacity, and strive to build a diversified and differentiated travel service system to better

(2) Work objectives.

Promote the integrated development of cruise taxis (hereinafter referred to as cruise cars) and online rental cars (hereinafter referred to as online taxi-hailing), promote the transformation and upgrading of cruise cars, standardize the operation of online taxi-hailing, improve the management and service level of the industry, promote the sustainable and healthy development of the industry, and provide the public with safe, convenient, comfortable and economical personalized travel services.

Second, clarify the positioning of the taxi industry

(3) Scientific positioning of taxi services. Taxi is an integral part of the urban comprehensive transportation system, a supplement to urban public transportation, and provides personalized transportation services for the public. Taxi services mainly include cruises, online reservations, and other methods. The city will continue to give priority to the development of public transportation, develop taxis moderately, optimize the urban transportation structure, and build a super-large urban passenger transportation pattern with diverse and differentiated services.

(4) Establish a dynamic regulation and control mechanism for the total amount. Implement the strategic positioning of the capital city, comprehensively consider the city’s population, economic development level, air quality, urban traffic congestion, public transportation development level, taxi mileage utilization rate and other factors, rationally grasp the scale of taxi transportation capacity and its share in the urban comprehensive transportation system, and establish a dynamic monitoring and adjustment mechanism. Carry out a scale assessment of the total number of taxis, and prepare a development plan and implementation plan for the taxi industry, which will be implemented after approval by the municipal government.

III. Deepening the reform of cruise vehicles

(5) Reform the management system of operating rights. Adhere to the implementation of the free use of vehicle operating rights, and the term of the operating rights of cruise vehicles is the same as the period of vehicle scrapping. The new operating rights of cruise vehicles shall be subject to period restrictions, and the operating entity shall not be changed without authorization. If the operating rights of existing cruise vehicles do not specify the specific operating period, all factors shall be comprehensively considered, a transition plan shall be scientifically formulated, and the operating period shall be reasonably determined. Establish and improve the allocation and management system of operating rights guided by service quality and reputation. If the operating rights expire or there are major service quality problems, major safety production liability accidents, serious illegal business activities, and unqualified service quality and reputation assessments during the operation process, the operating rights shall be recovered in accordance with relevant regulations.

(6) Perfect the benefit distribution system. Cruise car operators shall sign employment contracts and contracts with drivers in accordance with the law to build a harmonious labor relationship. Encourage, support and guide cruise car operating enterprises, industry associations, cruise car drivers and trade union organizations to negotiate on an equal footing to determine the contract fee standard or quota task, and dynamically adjust it according to factors such as operating conditions, cost and freight changes. If the existing contract fee standard or quota task is too high, it should be reduced. Taxi car industry associations shall organize and guide cruise car operating enterprises to actively explore the use of Internet technology to build a business model in which enterprises and drivers share operational risks and distribute interests reasonably.

(7) Straighten out the price formation mechanism. Cruise vehicle freight rates are subject to government-guided prices. It is necessary to comprehensively consider factors such as the operating costs of cruise vehicles, the income level of drivers, and the overall development of urban transportation. Continuously improve the formation mechanism of cruise vehicle freight rates and the linkage mechanism between freight rates and fuel prices. Improve pricing rules, scientifically formulate and timely adjust the level and structure of cruise vehicle freight rates, and give full play to the leverage of freight rates to adjust the supply and demand relationship in the taxi transportation market.

(8) Encourage companies to operate on a large scale. Study and formulate supporting policies to encourage cruise car operators to integrate resources through mergers, reorganizations, and other means, implement intensive and large-scale operations, give full play to their backbone leading role, and improve industry management and service levels. Measures for the implementation of the transfer, transfer, and share purchase of cruise car operators’ vehicle operating rights shall be formulated in accordance with the law. Individual industrial and commercial households of cruise cars shall be encouraged to jointly establish companies of a certain scale or join existing cruise car operating enterprises by means of shares, etc., implement organized management, improve service quality, reduce management costs, and enhance anti-risk capabilities. Encourage cruise car operating enterprises to take passenger needs as the guide, continue to increase the intensity of driver training, take the initiative to disclose service standards and service quality commitments, and actively carry out safety, integrity, and quality service creation activities; strengthen the main responsibility of cruise car operating enterprises, vigorously promote enterprise branding, and effectively improve the level of management services. Improve the assessment and evaluation system for cruise car operating enterprises, improve the content and methods of assessment, regularly publish the assessment results and evaluation, and establish an incentive and restraint mechanism that conforms to the characteristics of cruise car operation.

(9) Promote the transformation and upgrading of the industry. Encourage cruise car operators and online ride-hailing platform companies to adopt mergers, restructurings, and absorbing shares to achieve the integrated development of new and old business models. Revise the technical specifications of cruise cars and improve vehicle technical standards. Encourage cruise car operators to follow the idea of "Internet + taxi", make full use of Internet information technology and the advantages of existing vehicles and personnel, and transform to provide online ride-hailing services. Encourage cruise cars to provide operation services through telecommunications, Internet and other e-hailing services, and promote the use of non-cash payment methods that meet financial standards to facilitate public rides, reduce empty vehicles, and reduce the labor intensity of drivers. When cruise cars provide operation services, they must use the special metering device for cruise cars, and charge fees and issue special invoices for taxis in this city accordingly. Encourage the development of new energy cruise vehicles.

IV. Standardizing the development of online car-hailing

(10) Regulate the development of online car-hailing. Online car-hailing platform companies, as well as enterprises that provide vehicles, drivers who provide online car-hailing services, and their vehicles, shall comply with relevant national and municipal regulations and requirements. Online car-hailing platform companies are providers of transportation services, and shall have online and offline service capabilities. They shall have corresponding office space and driver education and training places in this city. They shall also connect relevant basic information and dynamic operation data to the supervision platform of relevant departments in this city in real time, so as to realize the backup of data information in this city. Online car-hailing platform companies implement restrictions on the operating period. The operating period is 4 years. The expiration can be extended after passing the review. The online car-hailing platform company shall assume the responsibility of the carrier, the responsibility of production safety and corporate social responsibility in accordance with the law, undertake the safety management responsibilities of vehicles and drivers, purchase relevant insurance to fulfill the responsibility of the carrier, and ensure the safety of operation and the legitimate rights and interests of passengers. Encourage online car-hailing platform companies to use their own vehicles to carry out business activities.

Online car-hailing vehicles should meet the basic conditions for providing passenger transportation services, have passed the annual inspection by the public security department of this city, have purchased commercial vehicle compulsory traffic insurance, third-party liability insurance and passenger accident injury insurance, and have the city’s vehicle number plate. 5-seat sedan or 7-seat passenger car. Non-operating vehicles of government agencies, enterprises, institutions and social organizations are not allowed to engage in online car-hailing operations. Online car-hailing qualifications are applied by online car-hailing platform companies. When a vehicle applies for online car-hailing qualifications, it must meet the latest motor vehicle emission standards announced and implemented by this city, have no unfinished traffic accidents and traffic violations records, and meet the technical specifications of online car-hailing vehicles in this city. Vehicles that have obtained online car-hailing qualifications must have a special logo posted on the body of the online car-hailing vehicle, and use the original number plate. The term of the vehicle operation right shall not exceed 8 years from the date of vehicle registration (or when the mileage reaches 600,000 kilometers), and the vehicle operation right shall not be transferred without authorization. If the vehicle is scrapped, transferred or the ownership is transferred without authorization, the vehicle operation right shall be cancelled. If the access relationship between the platform and the vehicle is terminated or the operation period of the platform company is terminated, the vehicle shall not engage in online car-hailing operations during the period of not accessing the new platform.

Online car-hailing drivers must be registered with the city, have obtained a driving license issued by the city, have not reached the legal retirement age, are in good health, have not committed more than 5 road traffic safety violations in driving a motor vehicle within 1 year before the date of application, and have not been included in the taxi serious violation information database. Individuals and vehicles under their names who apply for access to the online car-hailing platform must obtain the qualifications of online car-hailing drivers and vehicles, and have no other cruise cars and online car-hailing cars under their names, and drive their own vehicles to provide online car-hailing services.

(11) Regulate the business behavior of online car-hailing. Online car-hailing platform companies should safeguard and protect the legitimate rights and interests of drivers, maintain the stability of the driver team, and sign employment contracts or agreements with their subordinate drivers according to law. If an agreement is signed, they should purchase personal accident insurance for them; it is necessary to strengthen the production and operation management of service vehicles and drivers, and continuously improve the passenger’s satisfaction with the ride experience. Online car-hailing provides operation services through online booking, and it is not allowed to cruise around to pick up customers or queue up at cruise car dispatching stations to pick up customers. Reasonably determine the metering method of online car-hailing, and there must be no improper price behavior. Online car-hailing platform companies shall strengthen cyber security and information security protection, establish and improve data security management systems, collect, use and protect personal information in compliance with the law, and shall not disclose sensitive information involving national security. The personal information collected and the business data generated shall be stored and used in the Chinese mainland, and the retention period shall not be less than 2 years. Online car-hailing platform companies and drivers shall declare and pay taxes to the tax department in accordance with the law. After providing operation services, online car-hailing vehicles shall issue special invoices for taxis in this city.

V. Regulate private passenger car sharing

(12) Encourage private passenger car sharing. Private passenger car sharing (also known as carpooling and ride-sharing) is a shared travel mode in which the ride-sharing service provider publishes travel information in advance, and people with the same travel route choose to take the ride-sharing service provider’s passenger car, share the travel cost (fuel and tolls) of the ride-sharing part, or free mutual assistance. Private passenger car sharing is conducive to alleviating traffic congestion and reducing air pollution, and this city will encourage and regulate its development. The city’s guidance on private passenger car sharing travel shall be formulated and issued separately by the municipal transportation administrative department in conjunction with relevant municipal departments.

(13) Regulate private passenger car ride-sharing. The ride-sharing information service platform providing ride-sharing travel services must comply with the relevant regulations of the state and this city. The connected vehicles must be the city’s number plate, and the number of orders per car per day shall not exceed 2 times. It is forbidden for any enterprise or individual to carry out illegal operations in the name of ride-sharing. Those who charge significantly higher than the ride-sharing billing standard, provide ride-sharing services more than the specified number of times, and provide online car-hailing business services in the name of private passenger car-sharing shall be punished in accordance with the relevant laws, regulations and rules of the state and this city for illegal passenger transportation.

Create a good market environment

(14) Improve service facilities. Further increase the planning and construction of comprehensive taxi service areas, dispatching stations, recruitment stations, waiting parking spaces, charging infrastructure and other service facilities. It is necessary to set up cruise bus dispatching stations or waiting areas in large public places and large residential areas such as airports, railway stations, public transportation hubs, commercial areas, hotels, hospitals, etc., and scientifically guide taxi operations to provide convenient services for passengers’ daily travel, especially in special circumstances such as bad weather.

(15) Strengthen the construction of the credit system. It is necessary to implement the service quality credit assessment system and the driver qualification management system, formulate taxi service standards, credit management system for operators and employees, and clarify the basic requirements for operating in accordance with the law and providing honest services. Actively use the Internet, big data, cloud computing and other technologies to establish an evaluation system for taxi operators and drivers, and strengthen the records of information such as violations and dishonesty, complaints and reports, and passenger service evaluation. As an important basis for taxi operators and employees to enter and exit, and incorporate it into the city’s credit information sharing platform and enterprise credit information publicity system. Taxi industry associations should continue to improve industry self-discipline, smooth communication channels between drivers and enterprises, take the initiative to commit to service standards to the society, and promote the improvement of industry service capabilities and integrity levels.

(16) Strengthen market supervision. It is necessary to innovate supervision methods, simplify licensing procedures, strengthen the use of information technology means, and promote online processing to further improve the transparency of the management of the taxi industry. Establish a joint supervision and law enforcement mechanism and a joint punishment and exit mechanism for the participation and linkage of the Municipal Transportation Commission, the Municipal Development and Reform Commission, the Municipal Public Security Bureau, the Municipal Human Resources and Social Security Bureau, the Municipal Environmental Protection Bureau, the Municipal Commission of Commerce, the Municipal Bureau of Industry and Commerce, the Municipal State Taxation Bureau, the Municipal Local Taxation Bureau, the Municipal Quality Supervision Bureau, the Municipal Communications Administration, the People’s Bank of China Business Management Department, the Municipal Network Information Office, and the Municipal Urban Management Law Enforcement Bureau. Establish an integrated information sharing platform, strengthen real-time supervision of law enforcement throughout the process, investigate and punish acts that hinder fair competition in the market and various price violations in accordance with the law, and severely crack down on illegal operations, gathering crowds to disrupt social order, or inciting organizations to disrupt operational order and damage public interests. Regularly carry out taxi service quality assessments and release them Handle complaints about service quality issues in a timely manner, promptly expose serious violations of laws and regulations, and protect the interests of passengers.

(17) Strengthen the legal system and organizational guarantee. Accelerate the revision of laws and regulations such as the Regulations on the Administration of Taxi Vehicles in Beijing to provide better legal guarantee for deepening reform and promoting the healthy development of the taxi industry. Strengthen organizational leadership, establish a leading group for deepening the reform of taxis in this city, and be responsible for coordinating and promoting various reform work. Strengthen social communication, smooth the channels for interest appeals, take the initiative to disclose information, respond to social concerns, build consensus on reform, and create a good public opinion environment. Major policy-making in reform should carry out social stability threat and risk assessment, improve emergency response plans, prevent and resolve various contradictions, and maintain social stability.

From the date of issuance of this implementation opinion, online car-hailing platform companies, drivers and vehicles that have already started online car-hailing business in this city will be given a five-month transition period.

General Office of Beijing Municipal People’s Government

Xinhua News Agency, Beijing, November 5th (reporter, Ding Jing) What time does the next bus arrive? Is the subway station crowded now? When should I get off? Passengers can enjoy these smart services when traveling in Beijing. Beijing Municipal Transportation Commission signed a strategic cooperation framework agreement with Autonavi Map on the 4th. The two sides will share traffic big data and launch more abundant transportation services within Beijing.

The two parties will build an integrated service platform for green transportation in Beijing – MaaS (Mobility as a Service, Mobility as a Service). The idea of the platform is to enable travelers to transform from owning vehicles to owning transportation services, and improve the public travel experience through one-stop service of various transportation methods. The platform is based on the Autonavi map APP, which connects to big data from various transportation industries such as Beijing’s public transportation, subway, suburban railways, online car-hailing, and long-distance buses. At present, real-time public transportation has covered more than 95% of bus lines in Beijing, and the accuracy rate of real-time information matching exceeds 97%. Passengers can also check the current congestion situation of all subway stations in Beijing through this platform. The Beijing MaaS platform has pioneered the "bus/subway ride companion card", which can display services such as route planning, transfer guidance, and get off reminders in real time according to the user’s location.

On December 26th, the Q & J M9 and Huawei Winter All-Scene Conference was held. Q & J M9, nova 12 series mobile phones, Huawei FreeClip earphones, Huawei MatePad Pro Collector’s Edition, Huawei Smart Screen V5, Huawei Routing BE3 Pro 2500M Network Port Edition and other all-scene products were unveiled. The new products of this conference cover consumer smart travel, smart home, smart office and other diverse application scenarios, further improving Huawei’s all-scenario ecology of Internet of Everything.

Hongmeng Zhixing’s annual blockbuster product, Wenjie M9 was officially released, with a total of 4 models launched, priced 46.98-56 9,800 yuan. Wenjie M9 fully boarded Huawei’s top ten smart car technologies, bringing leading experiences such as smart cockpit, smart driving control, smart driving, and smart safety. Redefine smart car standards and create a new smart travel experience for users.

The Q & A M9 has a variety of space, three rows of larger space performance, the occupant space reaches 2725mm, and supports 3, 4, 5, and 6 seats of variable seat mode. Q & A M9’s smart cockpit, the whole car is equipped with 10 screens to realize multi-person, multi-screen and multi-device interaction. The car-level projection system is on the bus, and the 32-inch lifting projection screen replicates the cinema-level viewing experience. The new HUAWEI SOUND excellent series has a flagship configuration, equipped with 25 units of professional-grade audio, and the power amplifier output reaches 2080W. The new Xiaoyi smart assistant is equipped with an AI large model for the first time, creating more full scene possibilities for users.

The M9 is equipped with Turing intelligent chassis, adopts front double fork arms and rear multi-link independent suspension, and the whole system is equipped with intelligent closed air spring and CDC variable damping shock absorber as standard. Through multi-modal fusion sensing system, HUAWEI DATS dynamic adaptive torque system and HUAWEI xMotion intelligent body collaborative control system. HUAWEI ARHUD in-person head-up display system, HUAWEI XPIXEL megapixel intelligent projection headlights and other technologies, so that intelligent driving control can enter the light age.

The M9 fully upgrades the HUAWEI ADS 2.0 high-level intelligent driving system, is equipped with 192-line lidar, and can accurately identify vehicles, pedestrians, traffic facilities and signs, piles, etc. through GOD (General Obstacle Detection) Network 2.0 and RCR (Road Topology Inference Network) Network 2.0.

The nova 12 series combines portrait power with avant-garde technology aesthetics. In terms of appearance, the vitality and confidence of young people are integrated into the design, resulting in a new color 12. In terms of screens, the nova 12 Ultra and nova 12 Pro bring equal-depth four micro-curved screens, which combine round feel and precise control.

In terms of imaging, the nova 12 Ultra and nova 12 Pro are equipped with a front-mounted binocular stereoscopic vision imaging system, which brings 0.7X-5X full-focal zoom capability, and is equipped with the XD Portrait Da Vinci portrait engine, focusing on the four portrait characteristics of "shape, quality, light and color". Various selfie scenes can not only be photographed clearly, but also beautifully. In terms of comprehensive experience, the nova 12 series has an antenna architecture with a wide coverage, which can enjoy high-quality signals outside the suburbs, urban shopping malls, or subway high-speed trains. The dual-card dual-pass function allows the nova12 series to achieve dual data parallelism, and the fast Internet connection does not wait. Nova 12 Ultra and nova 12 Pro support two-way Beidou satellite messages, and support sending and receiving Beidou satellite messages without ground network signals. At the same time, nova 12 series is equipped with HarmonyOS 4, bringing a smarter and more convenient interactive experience. Nova 12 series is equipped with 100W smart fast charging Turbo, nova 12 Ultra and nova 12 Pro can be charged to 60% in 10 minutes.

Huawei FreeClip earphones are designed with "C-bridge" design and built-in nickel-titanium memory alloy, which is reliable and durable. A single earphone weighs only 5.6g, achieving a comfortable and unburdened wearing experience. With a 10.8mm dual magnetic high-sensitivity unit, it brings a pleasant listening experience without entering the ear. The single earphone is full of 8 hours of continuous music playback, and it is matched with a charging case for 36 hours of music playback life of the whole machine. It also supports smart experiences such as multi-device connection and audio sharing.

Huawei MatePad Pro 13.2 inches, Collector’s Edition, Huawei MatePad Pro Kit (Star Flash Edition) and Huawei Smart Magnetic Keyboard (Star Flash Edition) were unveiled at the press conference at the same time. Huawei MatePad Pro Kit (Star Flash Edition) contains a keyboard with Star Flash technology and HUAWEI M-Pencil (third generation), which also uses Star Flash technology, completes the closed loop of the Star Flash ecosystem in professional creation and mobile office scenarios, making office creation more stable and efficient, once again broadening the boundaries of tablet experience. Huawei MatePad Pro 13.2-inch Collector’s Edition also contains Huawei FreeBuds Pro 3 headphones, quiet calls, and HUAWEI Care + service for two years, giving the device more peace of mind.

Huawei released a new smart screen V5. In terms of smart function, it continues to be equipped with Huawei’s Lingxi pointing remote control, bringing a new interactive experience of "playing TV like a mobile phone"; with the super desktop function, it brings a large number of mobile phone applications to the large screen and unlocks hundreds of new ways to play "giant screen mobile phone". In terms of image quality, SuperMiniLED Honghu image quality supports "1080P seconds to 4K", showing more delicate and clear picture details. In terms of entertainment experience, it is equipped with HarmonyOS 4, through multi-device collaboration and diverse living room entertainment gameplay.

　　　 September 6, 2011 news, Hong Kong, Andy Lau and Liu Qingyun starred in the film and this year’s Venice Film Festival competition together, and the two set off for the local film festival on the evening of the 4th. The new films starred by Andy Lau and Liu Qingyun were both shortlisted for the competition of this Venice Film Festival, and they were more optimistic about each other’s chances of winning prizes.

　　　 Andy Lau, the best actor, showed up at the airport at about 10 pm on the 4th and went to the Venice Film Festival, where he received dozens of fans to drop off the plane and send small gifts. "Sister Peach" starring Andy Lau and "Death Gold" starring Liu Qingyun were shortlisted for the competition of the Venice Film Festival, which means that they have a chance to win the title of best actor. When asked about Andy Lau’s mood to play, he smiled and said that he was not nervous. After staying for a few days, he returned to Hong Kong to continue his work. He should not have time to go shopping. He is confident about winning the award. "I hope there is a chance. (Will you be worried that the length of the film will be cut too much?) Usually it is like this. Normally, the film length of" Sister Peach "is less than 2 hours. (The opponent Qingyun is optimistic about you?) Two Hong Kong films were shortlisted.

　　　 As soon as he arrived in Venice, Andy Lau attended the official press conference of "Sister Tao" with the director and director. Last year, Andy Lau, who visited Venice and won a large number of autographs from fans, coquettishly shouted to the film festival chairperson: "I am back!".

　　　 When asked why he took on the film, Andy Lau laughed and said that he had spent a lot of money to take on the film! After filming, he also felt that he encountered many different things, and he cared more about the people around him. He felt that simple things were more important than anything else. When the reporter heard Andy Lau say this, the audience clapped. It is known that after many critics have seen "Sister Tao", it is tentatively determined that it is the highest-rated film in the competition.

There is a final version of "Death Gold"

　　　 In addition, Liu Qingyun also set off for Italy with his wife Guo Aiming on the evening of the 4th. It turned out that they had to visit Rome for two days before flying to Venice. Asked if Qingyun knew the external reaction of "Death"? He said: "I don’t know, I just watched the dubbed version, and I knew there would be a final edited version. (Will you be worried that the length of the film will be cut, so that foreign audiences will not see it comprehensively?) Everyone is watching the subtitles, and only the subtitles are more detailed." Qingyun was optimistic that Andy Lau would win the prize, but he did not think about winning the prize.

　　　 In addition, she said that it was not intentional for the Venice Film Festival to go off the red carpet, and also pointed out that the characters played in the films with whom she worked could not see the acting skills and could not learn the nonsense of Xingye. When Qin Hailu promoted her participation in the film "Sister Tao", she said that she attended the Venice Film Festival 10 years ago, and now she has returned to the old place, which makes her feel like looking back on her 10-year film journey. She revealed that her next goal is to be a producer.

　　　 As for the director, it was reported by Hollywood as China’s CGI feast, due to the coexistence of martial arts movements and stunts, and it is one of the top 10 films in the film festival.

Next page More wonderful pictures

　　Correspondent, Jianxuan, Zhu Dianping

　　Jinling Evening News/Zijinshan News reporter　

　　Yin Xuebing Ling Yun

　　On the morning of May 19, Xiaomi Nanjing Science and Technology Park was officially opened at Xiaomi Group’s East China headquarters in Jianye District. It will become one of Xiaomi’s most important software research and development centers outside the Beijing headquarters. This move not only marks a new level for Xiaomi Group’s innovation platform in East China, but also adds strong momentum to the development of Nanjing’s digital economy industry.

　　Taste "millet porridge" again and start a new journey together

　　At 9:58 in the morning, with the sound of gongs and drums, Xiaomi Nanjing Science and Technology Park officially opened. In the square in front of the gate, nearly 200 Xiaomi employees dressed uniformly, waved support sticks in their hands, and laughed one after another, welcoming the "new home" moment that belongs to the Nanjing Xiaomi team.

　　Walking into Xiaomi Nanjing Science and Technology Park, the garden-like layout of the park is hidden by green trees, and the geometric aesthetic "back" shaped glass building is brand new and bright. According to the official plan, the Xiaomi Group East China Headquarters project is divided into three phases, with a total construction area of 365,000 square meters, including scientific research and design offices, talent apartments and related supporting facilities. The first phase of the project was completed and opened about 164,000 square meters, and more than 2,600 employees in the early stage were all in place on May 6.

　　Xiaomi Nanjing Science and Technology Park is affiliated to the Xiaomi Group East China Headquarters project and is positioned as "Xiaomi Group Software R & D Center and Talent Base". It is one of the most important software R & D centers of Xiaomi. It has been selected for major planned development projects in Jiangsu Province and key projects of Nanjing Famous Enterprise Settling Plan. Xiaomi Group East China Headquarters is mainly responsible for the development of operating systems and software. Together with Xiaomi Wuhan Headquarters, it jointly supports the overall technology research and development work of Xiaomi Beijing Headquarters.

　　At the event site, the "Xiaomo" service specialist of Jianye High-tech Zone presented the company with an exclusive "golden key" printed with the Xiaomi logo, which will serve the development of enterprises and project construction with great efforts, and support the development of Xiaomi Group’s East China headquarters with more practical measures. Together, we will write a new future of high-quality development.

　　In April 2010, under the leadership of Lei Jun, the start-up team drank a bowl of millet porridge, which started Xiaomi’s legendary development; in just 9 years, it became the youngest world’s top 500. At the opening ceremony of Xiaomi Nanjing Science and Technology Park that day, Lei Jun, founder, chairperson and CEO of Xiaomi Group, once again invited the guests to drink "millet porridge" to jointly start Xiaomi Group’s new journey in East China.

　　"I was very excited when I visited the Nanjing park. I would like to thank the relevant departments of Nanjing and Jianye District, as well as the headquarters and Xiaomi students in Nanjing. We have worked together to have this beautiful home. With the support of the municipal party committee and municipal government and the district party committee and district government, Nanjing will become a blessed land for Xiaomi to take off." Lei Jun said in his speech.

　　70 days on the ground, "Nanjing Efficiency" moved "Xiaomi People"

　　Why did Xiaomi Group’s East China headquarters choose Nanjing to settle in Jianye? It dates back to August 2017, when the Xiaomi team was first invited to Jianye, Nanjing, to further understand the Nanjing market and explore the possibility of cooperation with Jianye District. "During the visit, Xiaomi saw the basic resources such as Nanjing’s good infrastructure and development environment, as well as the long-term investment value and development prospects of Jianye and the support of the government. It also realized the responsibility of Jianye as the core area of Nanjing, which provided good conditions for Xiaomi’s development in Nanjing." Liang Qiushi, general manager of Xiaomi Group Nanjing, recalled in his opening speech.

　　Then in October 2017, Xiaomi Group’s East China headquarters project was officially signed and landed in Jianye. What’s more worth mentioning is that it only took 70 days for the two parties to "hold hands" from the first negotiation to the official signing. "The agreement was reached in 70 days, which fully demonstrates the good business environment and high efficiency of Nanjing and Jianye, which makes our company more confident in long-term rooted development!" At the signing ceremony at that time, Lei Jun expressed his high appreciation for the service consciousness and innovative spirit of Nanjing and Jianye.

　　"Xiaomi, which is young, creative and full of science and technology, and Jianye, which is modern, open and innovative, are very compatible in terms of urban temperament and development concept. Xiaomi’s choice of Nanjing and Jianye is an important strategic move for both parties to superimpose their advantages and win-win cooperation," said the relevant person in charge of Jianye District.

　　From coordinating the transition carrier of Xiaomi Group in Xincheng Science and Technology Park to fully supporting the completion and implementation of Xiaomi Nanjing Science and Technology Park, Jianye High-tech Zone "accompanies" the development of Xiaomi Group’s East China headquarters throughout the process, keeping an eye on the demands of enterprises, and providing support according to the model of "one main body + one base + a series of policies" to ensure the maximum integration of resources and achieve accurate drip irrigation for industrial development. Since 2017, Xiaomi has established 6 companies in Nanjing, including Beijing Xiaomi Mobile Software Co., Ltd. Nanjing Branch and Nanjing Xiaomi Communication Technology, and gathered a number of ecological chain enterprises.

　　Demonstration leads, turning Nanjing into a super R & D center

　　"I am very happy today. The Xiaomi Nanjing Science and Technology Park has opened, and the Xiaomi Engineer Training Camp has officially opened. We will cooperate with universities for this project, so that outstanding Xiaomi engineers can hold technical training in universities, communicate directly with outstanding students, and let students master more practical skills." Lei Jun testified with a picture on Weibo.

　　It is understood that the East China headquarters of Xiaomi Group, as the software research and development center and talent base of Xiaomi Group, will focus on mobile phone and automotive software development, internet services and other advantageous businesses in the future. In terms of talent training, Xiaomi is working with universities in Jiangsu Province such as China Southern Airlines and Nanjing University of Technology to jointly train students, and cooperate with industry, university and research. Continue to play a leading and exemplary role in helping Nanjing become an innovative economic highland and a smart city.

　　Lei Jun said that the long-term goal of Xiaomi’s future development is to invest in the underlying technology on a large scale and become a global leader in the new generation of hard core technology. In all Xiaomi products and technology ecosystems, the improvement of software capabilities is particularly important, which is also the mission of Xiaomi Group’s East China headquarters. It is hoped that the development of Xiaomi will be deeply integrated with Nanjing’s industry, closely combined with Nanjing’s industrial advantages, and the Nanjing area will be turned into a super R & D center to effectively support the implementation of the group’s strategic goals and help Nanjing’s new quality productivity development.

　　The opening of Xiaomi Group’s East China headquarters will undoubtedly bring new changes to the development of the urban economy and industry. On the one hand, the settlement of talents can increase employment and stimulate consumption; on the other hand, the advantage of corporate headquarters has a strong role in driving the radiation of the industry, and the headquarters economy can promote the stability of the industrial chain and supply chain in the region.

　　The reporter learned that in addition to Xiaomi’s East China headquarters, projects such as Alibaba’s Jiangsu headquarters and Hang Seng Electronics’ Jiangsu headquarters, which are gathered in the southwest of the river, are also being accelerated.

　　In recent years, Jianye District has focused on the leading industries of "finance + digital economy", gathered more than 95% of the municipal headquarters enterprises in the area, attracted more than 80,000 high-end talents to settle in, and built a number of 10 billion-level emerging industrial clusters such as information software, smart logistics, and digital entertainment.