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

　　I. Discussion and analysis of business conditions

　　2021 is a significant year. We welcome the 100th anniversary of the founding of the Party, and at the same time start the first year of the implementation of the 14th Five-Year Plan. All Hongfa cadres and employees always adhere to Hongfa culture and characteristic management philosophy, unite as one, work hard, achieve impressive business results, and achieve a bright start in the 14 th Five-Year Plan.

　　In 2021, the company rose to the 6th place in the comprehensive ranking of economic indicators of electronic component enterprises in China, and ranked 89th in the top 100 enterprises with electronic information competitiveness, both of which were the best in history. The company’s market share in the global relay field has increased by nearly 3 percentage points compared with 2020, further consolidating the position of relay products as the first in the world.

　　(1) The Tenth Five-Year Plan of Hongfa Co., Ltd. and Development Plan for the Next Twenty Years was officially released and implemented, which pointed out the direction for the company’s long-term development.

　　In June, 2021, the Tenth Five-Year Plan of Hongfa Co., Ltd. and the Development Assumption for the Next Twenty Years (hereinafter referred to as "Planning and Assumption") was officially released. The development blueprint drawn by this plan and vision and the development vision for the next 20 years not only cover the overall planning of the company and the planning of each functional module, but also subdivide the planning of each business department and each enterprise, as well as the parts planning and mold planning related to the medium-and long-term production preparation of the enterprise, which together constitute an all-round and three-dimensional development strategic system of the company.

　　The planning and assumption firmly grasp the characteristics of Hongfa, and it is clear that we will continue to thoroughly implement the three development ideas of "crossing the threshold, expanding categories and improving efficiency", strictly follow the 16-character management policy of "unified planning, strengthening concentration, combining vertical and horizontal, and implementing in blocks", always adhere to the core business philosophy of "winning by quality" and the dual core of "quality and efficiency", and firmly advance along the development path of Hongfa’s characteristics. By the end of the "14th Five-Year Plan", the company will become a world-class brand in the relay industry, ranking first in the world, becoming one of the important switch product manufacturers in China, and stepping into the ranks of professional connector manufacturers; By the middle of the Tenth Five-Year Plan, the business scale will reach 20 billion yuan, making it a leading global enterprise with distinctive features.

　　Planning and assumption is the first five-year plan for the company to enter a new development stage. It is a plan with a new starting point and a new chapter, which will become an important action guide for the company’s future operation and management.

　　(2) Achieve rapid growth in business indicators and get off to a good start in the 14th Five-Year Plan.

　　(3) Adhere to the "dual core of quality and efficiency" and consolidate and enhance comprehensive advantages.

　　In 2021, the company continued to firmly adhere to the operating characteristics of "double cores of quality and efficiency", and strived to build core advantages in the fierce market competition by improving product quality and per capita production efficiency. Relay products continued to expand into high-end fields, further consolidating and expanding the leading edge.

　　1. The physical quality of products has been steadily improved at a higher level.

　　In 2021, the company organized and completed 77 Six Sigma projects, 697 QCC projects and 15 weekly failure improvement projects around the improvement of key product quality, and the proportion of production lines assessed by the "crossing the threshold" standard steadily increased to 90.1%, of which the proportion of middle and senior production lines reached 69%. The pass rate of weekly inspection is 95.1%, and the key defects of relay products have been steadily reduced to 1.9PPM. The quality of contactors, small circuit breakers, high and low voltage cabinets and three cabinets at the client side has obviously improved, and the market competitiveness has been continuously improved.

　　2. The investment in automatic production line is the highest in history.

　　In 2021, the company’s investment in technological transformation exceeded 1 billion yuan for the first time, and a total of 38 automated production lines were put into use, which was the year in which the company invested the most in automated production lines over the years.

　　During the reporting period, the company firmly adhered to the concept of "five sets in one" in the development of automatic production lines, and exerted the collaborative innovation ability of internal industrial chains, and the quality and speed of production line development were significantly improved. The average period from start-up and development to quality acceptance and mass production of automatic production line of general relay is shortened to 3-5 months, and the investment period of some automatic production lines is only about 2 months; A total of 10 automatic lines have been put into use for automobile relays, and the per capita output value of some automatic lines is planned to reach 2.5 million yuan. The investment in technical transformation of high-voltage DC relay, signal relay, industrial control relay and sealed relay has also promoted the product quality and production efficiency, and achieved good benefits.

　　3. Relay products have further expanded the high-end market, and new categories represented by switches have developed steadily.

　　In 2021, the company’s relay products were eye-catching in the high-end market with excellent performance in quality and excellent cost performance: General Relay became the most important supplier and reliable strategic partner of many high-end brands including Miller, (), Electrolux and Bosi, and its global market share increased by 3 percentage points; In the field of rail transit, it successfully won the bid for several projects of CRRC Group, installed the first standardized subway in China as the core component, and landed on Zhengzhou-Xuzhou line in June 2021, filling the gap of domestic core component rail transit relay; In the new energy vehicle market, we have established cooperative relations with mainstream new energy vehicle factories in the world, including high-end vehicle factories such as Tesla, Mercedes-Benz and BMW, and the global market share of high-voltage DC products has reached 36%; Photovoltaic relays keep up with the development trend of the industry, and their products have been recognized by benchmark customers such as Huawei and (), and their market share in high-end customers exceeds 50%.

　　Low-voltage electrical appliances are gradually on the right track, with annual market sales and per capita payment increasing by more than 20%. The product development is based on the principle of "laying a solid foundation and accumulating strength", and the products are built from the source in a down-to-earth manner. The product lines such as power control, power distribution and small interruption have initially established a platform-based universal series, and the key technologies have achieved remarkable results, and important breakthroughs have been made in the fields of customer customization and special subdivision. In 2021

　　On the basis of the smooth operation of the first small automatic production line, we will continue to push forward several automatic production line projects according to the requirements of "high quality and high standard", and the core competitiveness of enterprises is gradually taking shape.

　　(4) Insist on innovation-driven, and change the technological development from following to leading, providing a strong impetus for the "Fourteenth Five-Year Plan".

　　1. Many products are leading the world in technology.

　　In the field of home appliances and smart home market, following the technical trend of frequency conversion and current carrying, we have developed large current carrying products and low-power and miniaturized products with high surge resistance, and their performance and technical indicators are leading internationally.

　　In the emerging application fields of photovoltaic, wind power and energy storage market, we directly cooperate with leading enterprises such as Huawei to develop products, and the technical indicators lead the international market.

　　High-voltage DC relay products combine the extreme safety technical requirements of benchmark customers, overcome the extreme safety technical capabilities such as high short circuit resistance, high limit breaking and low contact resistance, and continuously consolidate the leading edge.

　　It is the first to develop the fifth generation signal relay in the world. Under the condition of maintaining the performance index, the product volume is reduced by more than 50% and the power consumption is reduced by 60%, leading the update iteration of signal relay technology.

　　2. Intellectual property work has gradually shifted from "focusing on evasion" to "taking the lead in protection".

　　In 2021, the company actively conducted risk investigation and patent analysis on 341 products, and consciously conducted investigation and rights protection on competitors’ patents, all of which achieved good results. In 2001, 376 domestic patent applications were completed, including 118 inventions, up 9.26% year-on-year, and 25 international patent applications, up 38.89% year-on-year. The authorization rate of invention patents is as high as 96.97%, and the authorization rate of utility model patents remains 100%, which has established effective intellectual property protection for leading products and technologies.

　　3. Demonstrate the leading edge in the field of standardization, and the international influence of the industry has been significantly enhanced.

　　In the field of international standardization, the company has 5 experts from IEC International Standards Committee, participated in the compilation, revision and opinion handling of 3 international standards throughout the year, and organized 70 international standards to solicit opinions and reply. At home, the company serves as the chairman of China Relay Standardization Committee, leading the formulation, approval and release of two national standards GB/T21711.1 and GB/T16608.1, leading the formulation of two national standards GB/T21711.2 and GB/T21711.2.1 on relay reliability, progressing steadily according to procedures, and newly reporting two national standards GB/T 21711. The company’s work in the field of relay professional standardization further consolidated the company’s leading position in the relay industry and significantly enhanced its international influence in the relay industry.

　　(5) Build a strong production capacity of molds and parts, and lay a solid foundation for the supply chain of products during the 14th Five-Year Plan.

　　In 2021, the company took the mold and front-end capacity building as a major strategy, systematically planned and comprehensively promoted, and further enhanced the overall strength of the industrial chain supply chain.

　　1. Make a systematic and overall plan for the capacity building of molds and parts.

　　In 2021, the company organized the formulation of Mould Management System, Medium-and Long-term Development Plan of Mould, and Tenth Five-Year Plan (Draft) for the former parts, systematically planned the production, technical transformation and site of the former parts, strengthened management, accelerated construction, and provided institutional guarantee for creating "good parts". Establish a statistical management mechanism for the internal matching ratio of key parts, and the internal matching ratio of various major parts such as stamping parts, injection molded parts, contacts and iron cores continues to rise steadily.

　　2. Focus on improving the level of R&D, design, processing and manufacturing of molds.

　　In 2021, the company’s mold center continued to strengthen the development capability of high-precision long-life molds, with the life of dies exceeding 100 million molds and the life of plastic molds exceeding 10 million molds, reaching the first-class level in the industry; Improve efficiency and shorten delivery time. The proportion of T1 days within 60 days reached 80%, the annual mold output increased by more than 50%, and the TEEP of 36 GA key equipment increased by 22.43%. Continue to increase investment in technological transformation, introduce CNC machining center production line, spark machine, high-speed machining center, OPS graphite discharge unit and other equipment to further enhance R&D and manufacturing capabilities. The MES project of mold is put into operation, which forms a platform of information flow synchronous exchange management of mold design, manufacturing and design change, realizes integrated manufacturing and systematic management of mold data with MES system as the core, and lays a solid foundation for building a systematic, automatic and intelligent mold manufacturing factory.

　　3. Strive to build a first-class component manufacturing base.

　　The manufacturing of parts and components starts from the research of basic theory, and many breakthroughs have been made in technical research. The highest punching speed can reach 1200 times/minute, the shortest injection cycle is 4.5 seconds, and the injection mold for pushing cards can reach up to 128 cavities. The qualified rates of injection parts, metal workpieces, contacts and iron cores in comprehensive batches reach 99.65%, 99.45%, 99.55% and 99.08% respectively, all reaching the advanced level in the industry.

　　Inherit the advantages and experience of relays, benchmark the world first-class, highlight the goal of "high quality, high speed, strong adaptability and high cost performance", and implement them in blocks according to the characteristics of new products, so as to build the independent supporting capacity of key components of new products. Actively introduce core production technology and equipment, and successively overcome key core technologies such as precision forming of high-voltage DC close-wound bobbin, which will help the development of new products.

　　(VI) Firmly implement the 16-character management policy of "unified planning, strengthened centralization, vertical and horizontal integration and block implementation", improve the management level of the company and ensure the smooth implementation of the "Tenth Five-Year Plan".

　　1. Strengthen performance appraisal under the guidance of planning to ensure the smooth implementation of the company’s strategic objectives.

　　In 2021, performance management will continue to focus on the guiding ideology of "taking strategy as a guide and constantly solving the bottleneck problem in development", focusing on the operating characteristics of "quality and efficiency" in terms of project and weight setting, and guiding enterprises to continuously build core competitiveness; In terms of goal setting, based on the "Tenth Five-Year Plan" and combined with the macroeconomic situation and competition pattern faced in 2021, the appropriate development goals are determined, and the completion situation is followed up in time through the combination of monthly statistics and quarterly analysis. At the end of the year, the business results of the enterprise are measured based on performance evaluation and the subsequent improvement direction is identified to ensure the smooth implementation of the company’s planning and strategy.

　　2. Informatization construction has been promoted to the deep water area, and the pace of digital transformation has been accelerated.

　　In 2021, the company stepped up its informatization construction to the deep water area. In addition to continuing to complete ERP, financial sharing and other projects as planned, it continued to implement three phases of projects in the sales field, and completed the comprehensive coverage of CRM marketing management system in domestic and foreign sales organizations. In the field of supply chain and production-marketing collaboration, taking Zhangzhou Hongfa and Xiamen Jinyue as the pilot, APS advanced planning and scheduling software was introduced to initially realize the supply-demand linkage between parts and finished products enterprises; Start S&OP pilot in automotive electronics to create conditions for establishing a visual and integrated supply chain management and decision-making system; In warehousing management, WMS platform at group level is introduced to lay the foundation for subsequent warehousing automation and information integration. The business index statistics of all production enterprises in the company are systematic and automatic, and digital information is increasingly becoming the core strategic resource of the company and plays an important role in business decision-making.

　　3. Further strengthen the unified management of marketing work.

　　In 2021, the company intensified the unified market planning, integrated industry solutions with the energy industry as a pilot, explored the unified promotion mode of the industry, organized centralized research on key customers in the wind energy and photovoltaic industries, and completed the marketing planning and promotion of nine products (series) such as electronic modules and intelligent circuit breakers; Establish a new category promotion department to help the market development of new categories of products; Establish a global account manager system, formulate a global account strategy, and improve the global account management improvement ideas; Continuously improve the information sharing and cooperation mechanism between sales systems, effectively coordinate the conflicts of customer resources between channels, realize the unified platform for orders, unified data drainage, unified channels for external publicity, unified management of customs affairs and sales expenses, and ensure the smooth operation of various businesses.

　　(VII) Promoting the construction of the three major bases as a whole, and creating conditions for the capacity expansion in the 14th Five-Year Plan.

　　At the Xiamen-Zhangzhou base, the second phase of Zhangzhou Hongfa project was completed in May 2021 and successfully relocated and put into production, and the third phase of the project with a construction area of 150,000 square meters was officially launched; The second phase of Haicang Industrial Park, with a construction area of 62,000 square meters, completed preparatory work such as project establishment and scheme design; The electroplating expansion project with a building area of 19,000 square meters in Sunban Factory was successfully completed and will be put into production in early 2022.

　　In the eastern base, the electroplating workshop was put into use in early 2021, and the electroplating internal service of the eastern base began to be realized; Hongzhou New Energy moved into a new factory building and put into production in October 2021. At the same time, various supporting service facilities in the park were gradually improved, and the whole base was initially formed, which created conditions for subsequent capacity expansion.

　　In the western base, in March 2021, the signing ceremony of the investment agreement for the construction of the "14 th Five-Year Plan" project of Hongfa Western Intelligent Manufacturing Industrial Park was successfully held, and the output value of the project will exceed 2.4 billion yuan after completion. In September 2021, the third phase of Sichuan Hongfa Project was officially started. The project has a construction area of 44,000 square meters, and two modern production plants will be built. It is expected that the renovation will be partially completed and put into production in 2023.

　　The rapid progress of the construction of the three bases will provide sufficient plant resources for the company to achieve the "14 th Five-Year Plan" and "create another 10 billion".

　　(8) 2 billion convertible bonds were successfully issued, which helped accelerate the development of the 14 th Five-Year Plan.

　　In September 2021, the company’s project of issuing convertible bonds was unconditionally approved, and it was successfully issued and listed in November, successfully raising 2 billion yuan, which provided a strong financial guarantee for the company’s continuous large-scale and high-quality investment during the 14 th Five-Year Plan period.

　　(9) Major shortcomings and challenges in 2021.

　　In 2021, while achieving good business results, we must also be soberly aware of the shortcomings and challenges we face: the development of new categories of products is still relatively slow; The influence of Hongfa brand does not match the overall strength of the company; There are still obvious shortcomings in the overall development of the company, especially in the eastern base enterprises. Affected by various aspects of the epidemic, the pace of globalization has been hindered; The internal synergy of the company has not been fully exerted, and the organizational structure needs to be further optimized; Cadres’ ideological concept, ability and quality need to be improved continuously, and the construction of talent team has a long way to go. These problems need to be solved in the future work.

　　In 2022, all Hongfa employees will continue to adhere to the company’s "14th Five-Year Plan" under the guidance of the three development ideas and the 16-character management policy, vigorously inherit and carry forward Hongfa’s corporate culture, strengthen their beliefs, be determined to innovate, and strive to do all the specific work to promote the company’s sustained and good development!

　　

　　Ii. the industry in which the company is located during the reporting period.

　　The company’s main product relay is an electronic control device, which has a control system (also called input loop) and a controlled system (also called output loop). It is usually used in automatic control circuits, and it is actually an "automatic switch" that uses a smaller current to control a larger current. Therefore, it plays the role of automatic adjustment, safety protection and conversion circuit in the circuit. When the input quantity (such as voltage and current) reaches the specified value, the controlled output circuit is turned on or off. It has the advantages of fast action, stable work, long service life and small size. Widely used in power protection, automation, sports, remote control, measurement and communication devices.

　　According to the 2021 edition of China Electromagnetic Relay Market Competition Research Report issued by Zhiduoxing Consultant, the global economic situation will improve in 2021, and the relay market will rebound to a certain extent, reaching 58.95 billion yuan in 2025, with an average growth rate of about 8.5% in the five years from 2020 to 2025. According to the data of Zhiduoxing Consultant, the global demand for electromagnetic relays will be about 10.35 billion in 2021, and 11.94 billion in 2025, with an average growth rate of about 5.2% in the five years from 2020 to 2025.

　　With the strong growth of smart home, industrial automation, photovoltaic field, global smart meters, smart cars and the rapid development of new energy vehicles, with the arrival of the 5G era, the relay market will usher in a new round of development. The global manufacturers of electromagnetic relays are mainly concentrated in China, Japan, Europe and America, among which Hongfa shares rank first in the world in market share, while OMRON and Tyco electricity rank second and third respectively.

　　

　　Iii. Business of the Company during the reporting period

　　(a) the main business, main products and their uses, business model.

　　Xiamen Hongfa () Co., Ltd., a holding subsidiary of the company, is mainly engaged in the production, R&D and sales of relays and electrical products. The main products include relays and electrical products, among which electrical products include low-voltage appliances, high-voltage and low-voltage complete sets of equipment and other categories. Relays are the company’s main products, mainly including power relays, automobile relays, signal relays, industrial relays, power relays, new energy relays and other categories, with more than 160 series and more than 40,000 common specifications, with an annual production capacity of over 30.

　　The company’s products have been certified by UL&CUL in the United States, VDE and TV in Germany, CQC in China, etc., and are widely used in household appliances, smart homes, smart grids, new energy, building power distribution, automobile industry, rail transit, industrial control, security, fire protection and other fields.

　　After years of development, the company has more than 30 manufacturing enterprises, established three R&D and production bases in Xiamen, Zhangzhou, East and West, and seven core business divisions, with a workshop area of over 1 million square meters, and has formed a relatively complete industrial chain of relays and electrical products, covering the design and manufacture of production equipment, parts production, finished product production and product sales. The internal industrial chain is as shown in the figure:

　　1. Purchasing mode

　　The main materials consumed by the company include copper, iron, silver wire, enameled wire and engineering plastics. After years of development, the company has established a set of strict procurement management system and supplier management norms, and clearly stipulated and strictly implemented the responsibilities and authority of procurement management, procurement process, supplier selection, procurement price approval, procurement payment and inventory storage management. The specific procurement process is as follows:

　　2. Production mode

　　The relay assembly of the company is in a clean workshop with a class of 100,000 or above, and it is equipped with a negative pressure system to effectively control foreign bodies. The assembly adopts automatic production mode, and has the ability to independently develop first-class relay automatic assembly technology and equipment, including automatic winding, automatic riveting of contact with materials, automatic insertion, automatic welding, etc. In product quality control, online detection technologies such as image system and vacuum leak detection are used, and functions such as online real-time adjustment and defective product sorting are configured, which greatly improves the consistency and stability of product assembly and ensures the physical quality and production efficiency of products.

　　3. Sales model

　　(1) Sales management mode

　　According to the differences of different industries, different regions and target customer groups, the company adopts the sales management mode of combining direct selling and distribution.

　　The marketing channels of the company are divided into international and domestic markets, as follows:

　　① International market

　　International market refers to importers and exporters in China’s overseas market and domestic market, and customers with foreign currency as the settlement unit. The marketing center of the headquarters is responsible for the overall market planning, organization and coordination. The international market can be divided into:

　　(2) Pricing method

　　The overall pricing strategy of the company’s products is to refer to market conditions and cost additive process. When determining the product pricing, the company refers to the market price and adds a certain percentage of profits on the basis of raw materials, processing costs and labor costs to determine the final quotation of the product. The cost of the company’s products will change due to changes in material prices, exchange rates and labor costs, and the company will recalculate the latest reserve price regularly.

　　(2) Market position and competitive advantage of products

　　The development of relay industry is relatively mature, and the market competition is relatively full. The main producing countries include China, Japanese, German and other countries. The company has more than 30 years of experience in relay research and development and manufacturing, and is one of the major relay manufacturers in the world. According to the "2021 Edition China Electromagnetic Relay Market Competition Research Report" issued by Zhiduoxing Consultant, the company’s global electromagnetic relay market share ranks first in the world.

　　According to the 30th-34th Top 100 ranking of electronic component enterprises judged by China Electronic Component Industry Association, there are 7 relay manufacturers on the list, including Acer Power Generation, Guizhou Aerospace, (), Ningbo Tianbo, Huigang Holdings, Ningbo Ford and Shanghai Omron.

　　Among them, macro power generation is in the first place in the relay industry, a sub-industry of electronic components industry.

　　

　　Iv. analysis of core competitiveness during the reporting period

　　In the long-term development process, the company has gradually formed a unique core competitiveness:

　　1. Excellent corporate culture

　　After more than 30 years of development and precipitation, the company has formed a corporate culture system with Hongfa characteristics. The system includes seven core concepts (vision, mission, values, etc.) and six management ideas (quality and efficiency are the core, etc.). The company adheres to the enterprise spirit of "continuous progress and never satisfaction"; It has established the vision of "creating an international brand, building a century-old prosperity", the corporate mission of "representing the national relay industry to win a place in the world" and the core values of "jointly promoting the continuous development of enterprises, making contributions to society and shareholders, and striving to seek better and better interests for employees themselves". Always adhere to the business policy of "market-oriented, quality wins"; The quality policy of "pursuing perfect quality to provide customers with satisfactory products and services" and the code of conduct of "honesty, law-abiding, civilization and dedication".

　　2. High-level technical R&D team

　　The company has the first national-level enterprise technology center, academician workstation, postdoctoral workstation and the largest relay testing center in Asia in the domestic relay industry, focusing on improving quality and efficiency and customizing personalized solutions for customers. The company became the first enterprise in the relay industry to preside over the formulation of national standards. By the end of December 2021, the company had 1,528 valid patents. Relying on the strong technical resource advantages in the relay industry, the company’s technical status in the industry is improving day by day, and it has successively won the honors of "National Technology Innovation Demonstration Enterprise", "National Manufacturing Individual Champion Demonstration Enterprise", "Industrial Product Green Design Demonstration Enterprise" and "National Technology Innovation Engineering Innovative Enterprise".

　　3, advanced mold design, manufacturing and precision parts manufacturing capabilities.

　　Hongfa firmly believes that "good products are made of good parts, good parts depend on good molds, and good molds need good design and equipment". After decades of precipitation and accumulation, it has become a complete industrial chain that deeply integrates the design and manufacture of molds, precision parts and automated production lines. In terms of mold design, manufacturing and precision parts manufacturing capabilities, the company has a strong self-supporting ability of parts, equipped with the world’s top parts production equipment. The precision of Hongfa mold can reach 1μ, and the industry-leading mold design and manufacturing ability shortens the product development cycle and ensures the product quality.

　　4, advanced relay automation equipment design and manufacturing capabilities.

　　In terms of the design and manufacturing capacity of relay automation equipment, the company is one of the earliest enterprises in China that specializes in designing, developing and producing special automation equipment and automation production lines for relay industry. The developed relay assembly production line and the equipment level of the previous part have reached the world-class level. The rising degree of automation improves the company’s per capita production efficiency and ensures the consistency and stability of product quality.

　　5. Advanced and complete product laboratory

　　The company has the largest relay testing center with the most complete facilities in China relay industry, and has set up "three core product testing laboratories" and "four public service laboratories". Establish a laboratory quality assurance system according to the ISO/IEC17025 accreditation criteria, have the independent development ability of non-standard testing systems, meet the non-standard testing needs of different customers, participate in the formulation of international standards such as IEC61810-2/-2-1 and IEC61810-10, and lead the formulation of China standards such as GB/T21711.7 and GB/T16608.50-55. At the same time, it implements more than 10 international and domestic standards, such as EN61810 and UL508. In 2007, the company signed the preferred partner agreement with VDE, which was the first in the world in terms of components. The company has been recognized by VDE as the world’s first relay laboratory for electric meters, and has the laboratory qualification recognized by Shanghai General Motors (GP-10). The company’s chemical analysis laboratory has been recognized by CNAS laboratory for expansion, which can provide customers with accurate, reliable and credible ROHS compliance testing data and reports.

　　6. Always pursue to provide customers with satisfactory products and services with perfect quality.

　　The company always insists on "winning by quality" and pursues to provide customers with satisfactory products and services with perfect quality. It has built a unique total quality management model and integrated management system. Based on the "five-in-one" new product development quality management, robust process control, "quality first" supplier quality management, customer-oriented quality service and "pyramid" continuous improvement mechanism, the quality management cycle is realized and the whole production process of each product is strictly carried out.

　　7. Industry-leading human resources advantages

　　Under the guidance of the concept of "people-oriented, cultivating top-notch talents in the industry", the company has gathered a group of professionals with certain authority and experience in product research and development, production, management and marketing through self-cultivation as the mainstay, which has laid a solid talent foundation for the further development of the company’s business. The core technicians of the company’s product research and development department have many years of experience in the industry. The company adheres to the guidance of high-end talents and promotes the improvement of technological innovation ability. The company’s main management team has rich experience in relay industry operation and management, focusing on building a strong brand in the industry and continuously enhancing the company’s core competitiveness.

　　8. Brand advantage

　　After more than 30 years of development, the company has become the world’s largest relay manufacturer, trusted by customers. According to the list of "Top 100 Electronic Components Enterprises in China in 2021 (the 34th)" issued by China Electronic Components Industry Association, the company ranks sixth and first in the relay industry.

　　The company has a high market reputation and brand awareness, and has obvious competitive advantages in network layout, industrial integration, customer and supplier management.

　　

　　V. Main operations during the reporting period

　　During the reporting period of 2021, the company realized an operating income of 10,022,657,500 yuan, an increase of 28.18% over the same period of last year; The net profit attributable to shareholders of listed companies was 1,062,555,500 yuan, an increase of 27.69% over the same period of last year; The net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 922,540,300 yuan, an increase of 32.98% over the same period of last year; Achieve basic earnings per share of 1.43 yuan.

VI. The Company’s Discussion and Analysis on the Company’s Future Development

　　(A) the industry pattern and trends

　　As one of the most important basic components, relay is a necessary and core electronic control basic component in the whole circuit control system, which is widely used in the fields of home appliances, industrial control, automobiles, communications, electricity, energy, security, aerospace and so on, and its main function is to realize "automatic and remote" control. Among these fields, household appliances, automobiles and industrial control, as traditional industries, have always been the fields with the largest amount of relays. Although the downward pressure on the global economy has increased under the influence of the epidemic during the reporting period, individual fields, such as electric power (especially smart grid), security monitoring, smart home and new energy (especially photovoltaic power generation and new energy vehicles), as emerging industries, are driven by industrial policies in China and the world, with strong development momentum. China is still the main production base of relays, accounting for about 50% of the global total output. There are many manufacturers, but there are few manufacturers with a certain scale, the industry concentration is not high, and the market competition is fierce.

　　The company’s comprehensive economic indicators have been in the leading position in domestic peer enterprises for many years. At the end of the reporting period, the company’s overall sales revenue was 10.023 billion yuan, up 28.18% year-on-year. The company produced more than 3 billion relays, low-voltage electrical appliances and other products throughout the year, and its main relay products have steadily increased their market share in the global market. In 2021, the company’s products were eye-catching in the high-end market: the market share of general relays in high-end smart home appliances was further consolidated and expanded, becoming the most important supplier and reliable strategic partner of many global high-end home appliance brands; As the core component, the sealed electromagnetic relay is installed in China’s first standardized subway train, Rio Tinto’s rail transit market, which fills the gap in domestic rail transit relays; High-voltage DC relay has grown rapidly, and has established business cooperation relations with mainstream new energy vehicle manufacturers around the world, becoming the world’s major manufacturer of high-voltage DC relay; Photovoltaic new energy products keep up with the rapid development of the industry, and the market share of high-end customers has increased by nearly 60%, and the overall market share has increased to 57%. The deep expansion of the high-end market has pushed the company to stride forward on the road of high-quality development.

　　During the reporting period, many projects of the company were carried out smoothly and won many important honors: the "14 th Five-Year Plan" project of Hongfa Western Intelligent Industrial Park was launched; The company’s national intelligence creation new model project passed the acceptance; In China, the comprehensive ranking of economic indicators of electronic component enterprises rose to the sixth place, the best ranking in history, and the ranking of the top 100 enterprises with electronic information competitiveness and the top 500 listed enterprises in China has also been continuously improved, and at the same time, it has once again won the "China Brand Value List".

　　In the future, under the guidance of the three development ideas and the 16-character management policy, we will always adhere to the principle of "winning by quality", vigorously inherit and carry forward Hongfa culture, strengthen our faith, be determined to innovate, keep forging ahead, never be satisfied, work hard, overcome the risk challenges on the way forward, enhance our development momentum, plant our development advantages, and constantly push Hongfa career to a new height.

　　(II) Company development strategy

　　The company’s development strategy is to inherit and carry forward Hongfa’s characteristic culture and business philosophy, adhere to the business policy of "market-oriented, winning by quality", thoroughly implement the three development ideas of "crossing the threshold, expanding categories and improving efficiency", strictly follow the 16-character management policy of "unified planning, strengthening concentration, integrating vertically and horizontally, and implementing in blocks", and firmly grasp the core business philosophy of "winning by quality" and "quality and quality" Enhance the leading ability of technological innovation, build an independent and controllable industrial chain system, continuously build automated and intelligent manufacturing factories, enhance the core competitiveness of enterprises, carry forward Hongfa brand, and promote the high-quality development of enterprises.

　　Specifically, it is proposed to implement the company’s development strategy through the following aspects:

　　(1) Strengthen market operation and expand market share.

　　(2) Accelerate "expanding categories" and strengthen technical guidance.

　　(3) Coordinate production layout and improve operation management.

　　(4) Adhere to "winning by quality" and continue to "cross the threshold"

　　(5) Insist on technical innovation to build enterprise technical strength.

　　(6) Build an autonomous and controllable system to build core competitive strength.

　　(7) Grasp the construction of talents and ensure the development of the echelon.

　　(8) Promote the development of informatization and realize digital growth.

　　(9) Improve the base construction and ensure the development space.

　　(10) Centralized financial control and fine value creation.

　　(3) Business plan

　　In 2022, under the guidance of the three development ideas and the 16-character management policy, the company will always adhere to the principle of "winning by quality", vigorously inherit and carry forward Hongfa culture, strengthen its belief and be determined to innovate, and focus on the following work:

　　(1) Firmly implement the strategy of "expanding categories", use the successful experience of developing relays to promote the development of new categories of products, and cultivate new growth points of the company in the future as soon as possible.

　　(2) continue to build the strength of parts and molds, especially strengthen the research and development of new products, new processes and characteristic processes, and build core competitiveness.

　　(3) Continue to pay close attention to the "short board" work, help short board enterprises in human resources protection, management improvement and technology docking, and promote the rapid development of the eastern base.

　　(4) Standardize the use of raised funds, adhere to high-quality and large-scale investment, promote the construction of production bases, further enhance the strength of enterprises, and lay the foundation for the rapid development of the company in the next stage.

　　(5) Pay attention to the development of macroeconomic situation, organize functional modules such as production, supply and marketing to actively respond to external risks and challenges, and ensure the smooth progress of production and operation.

　　(6) Vigorously enhance the brand awareness of Hongfa, win the brand reputation by continuously improving the product quality, and at the same time strengthen the marketing propaganda, so that enhancing the brand awareness of Hongfa becomes a new meaning of the strategy of "crossing the threshold".

　　(7) Summarize Hongfa’s development experience, carry forward Hongfa’s characteristic culture, complete the compilation of Hongfa’s management experience series, and inherit and practice the unified Hongfa’s characteristic management model.

　　(8) Strengthen the construction of talent team, especially accelerate the construction of senior technical talents and excellent management talents, and provide talent guarantee for the company’s new round of rapid development.

　　(9) Focus on asset management and benefit improvement, further refine enterprise cost control, build the company’s financial knowledge center, output high-quality financial information and provide better services for the company’s strategic implementation.

　　(4) Possible risks

　　I. Operational risks

　　The company’s main products cover relays, low-voltage electrical appliances, high-voltage and low-voltage complete sets of equipment and other categories, and are applied to household appliances, smart homes, automobile industry, smart grid, industrial control, new energy and other fields. If macroeconomic fluctuations, policy adjustments and other factors affect the prosperity of downstream industries or downstream market demand, it may adversely affect the company’s operating performance.

　　Since 2018, trade frictions between China and the United States have been constant. The US government has successively issued three batches of tariff increase lists, in which 25% tariffs are imposed on goods worth $34 billion, $16 billion and $200 billion exported from China to the United States, and relay products are also included in the tariff increase list. Although at present, the products directly sold by the company to the United States account for a relatively small proportion, which has little impact on the company, if the trade friction between China and the United States is further aggravated or there is trade friction between China and other economies in the future, barriers will be set up in terms of trade policies and tariffs, which may have an adverse impact on the company’s operating performance, profitability and market development.

　　The main raw materials of relay products include copper, silver, enameled wire, engineering plastics, etc. The prices of the main raw materials are affected by the fluctuation of the international market of bulk commodities, which directly affects the product profits and the company’s working capital. If the price of the company’s main raw materials fluctuates violently in the future, and the company cannot transfer the negative impact of the price increase of raw materials to downstream enterprises by raising the sales price of products, it will have an adverse impact on the company’s operating performance.

　　Second, the brain drain risk

　　Technicians are very important for the long-term development of relay manufacturers. At present, the high-end relay with high technology content and large profit margin has become the development direction of the industry. Whether it can occupy the high-end market is the key for relay manufacturers to achieve sustainable development. The research and development of high-end relays requires specialized technicians, complete professional knowledge and wide knowledge of other majors, and it takes years of training and practice to truly design and develop new products independently. At the same time, a large number of key technology positions on the production line also need experienced skilled workers to be competent. Therefore, professionals are more important in the relay industry. If brain drain occurs, enterprises will face related losses. The core management and technical backbone of the company hold the company’s equity through qualified investment, and their personal interests can be consistent with the company’s development. Through this shareholding method of management and backbone personnel, the core personnel of Acer Power Generation can be kept relatively stable.

　　Third, technical risks

　　The Technology Center is the core of the issuer’s technological innovation system, and undertakes major research tasks such as product development and design, process design and verification, product performance testing and analysis, mold development and design and manufacturing, automatic production line equipment, test instrument development and design, etc. R&D investment ensures that the company’s products have excellent market competitiveness. If the company can’t continue to invest in R&D or technological innovation in the future, the products will not meet the needs of customers and the requirements of industry changes, and the market competitiveness will decline, thus affecting the company’s profitability.

　　Fourth, financial risks

　　Overseas income accounts for a relatively high proportion of the company’s main business income. The company’s overseas business is mainly settled in foreign currency. If the RMB exchange rate changes greatly, it will cause fluctuations in the balance of the company’s foreign currency monetary assets, and foreign exchange receipts and payments will generate large exchange gains and losses, which will further affect the company’s operating performance. At the same time, the fluctuation of exchange rate may also affect the price of products in overseas markets and face the risk of declining market competitiveness. The company has continuously summarized and improved the exchange rate risk management and control methods suitable for its own needs, locked the exchange rate in time through the analysis of the exchange rate market and operating income, and established a set of foreign exchange management methods and processes. Under the premise of comprehensively considering market liquidity and management costs, it actively pays attention to monetary policy and exchange rate trends, selects the timing of foreign exchange locking and settlement in a timely manner, and rationally uses financial instruments to reduce the impact of exchange rate fluctuations on enterprises and avoid exchange rate risks.

　　V. Policy risks

　　Electronic components industry is the basic support of electronic information industry, and its development is strongly supported and encouraged by national policies. In recent years, the Ministry of Industry and Information Technology, the National Development and Reform Commission and other departments have successively issued a number of policies to encourage and promote the rapid development of the electronic information industry, such as the Information Industry Development Guide, the Special Action Plan for Improving the Design Capability of Manufacturing Industry (2019-2022) and the Basic Electronic Components Industry Development Action Plan (2021-2023). In the future, if the relevant policies of the country on electronic components industry or electronic information industry change, it may lead to certain adverse effects on the company’s operating performance.

　　VI. Risks related to the issuance of this convertible bond

　　(A) principal and interest payment risk

　　During the duration of the convertible bonds, the issuer shall pay interest on the unconverted convertible bonds and pay the principal at maturity. In addition, when the convertible bonds trigger the resale conditions, if the investors put forward the resale, the issuer still needs to honor the resale proposed by the investors, and will face certain cash expenditure pressure in a short time. The convertible bonds issued this time did not provide guarantee. Therefore, if the issuer’s business activities fail to achieve the expected return due to uncontrollable factors such as national policies, regulations, industries and markets in the future, it may affect the issuer’s timely and full payment of the principal and interest of convertible bonds and the acceptance ability of investors when they sell back.

　　(2) The risk of failure to convert convertible bonds into shares at maturity

　　The stock price is not only influenced by the issuer’s profit level and development prospect, but also by the national macroeconomic situation, political and economic policies, investors’ investment preferences, expected returns of investment projects and other factors. If the convertible bonds issued this time fail to be converted due to the sluggish stock price trend of the issuer or the investment preference of the holders of the convertible bonds, the issuer shall pay the principal and interest for the convertible bonds that have not been converted, which will correspondingly increase the financial cost burden and financial pressure of the company. In addition, during the existence of the convertible bonds, if the convertible bonds are redeemed, the company will face certain financial pressure.

　　(C) the risk of reducing the conversion value of convertible bonds

　　The issuer’s stock price trend is influenced by many factors, such as operating results, macroeconomic situation, industry policies, and the overall situation of the stock market. After the issuance of the convertible bonds, the issuer’s share price may continue to be lower than the conversion price of the convertible bonds, so the conversion value of the convertible bonds may decrease, and the interests of the holders of the convertible bonds may be greatly adversely affected. This issuance has set the downward revision clause of the issuer’s share conversion price. If the issuer fails to revise the conversion price downward in time, or even if the conversion price is revised downward, the stock price is still lower than the conversion price, which may still lead to the reduction of the conversion value of the convertible bonds issued this time, and the interests of the holders of convertible bonds may be greatly adversely affected.

　　(D) Risks related to downward revision of the conversion price

　　1. Risk of failure to implement the downward revision clause of conversion price.

　　During the duration of the convertible bonds issued this time, when the closing price of the company’s shares is lower than 90% of the current conversion price for at least 15 trading days in any continuous 30 trading days, the board of directors of the company has the right to propose a downward revision plan for the conversion price and submit it to the shareholders’ meeting for deliberation and voting. This plan can only be implemented if it is approved by more than two-thirds of the voting rights held by shareholders attending the meeting.

　　Under the condition of meeting the downward revision conditions of convertible bonds’ conversion price, the issuer’s board of directors may still not propose the downward revision plan of conversion price based on multiple considerations such as the company’s actual situation, stock price trend and market factors; Or the downward revision plan of the conversion price proposed by the issuer’s board of directors has not been reviewed and approved by the shareholders’ meeting. Therefore, the holders of convertible bonds may face the risk that the downward revision of the conversion price will not be implemented during the duration.

　　2. Risk of downward revision of the conversion price with uncertain range.

　　During the existence of the issuer’s convertible bonds, even if the issuer revises the conversion price according to the downward revision clause, the revised conversion price shall not be lower than the higher average price of the company’s shares in the 20 trading days before the shareholders’ meeting to consider the proposal on the conversion price revision scheme and the average price of the previous trading day, so the correction range of the conversion price is limited to some extent, and there is a risk of uncertainty. Moreover, if the stock price continues to fall after the correction and the future stock price continues to be lower than the conversion price after the downward correction, the conversion value of the convertible bonds will undergo major adverse changes, which may lead to the risk that the convertible bonds will be sold back or cannot be converted during the conversion period.

　　3. The downward revision of the conversion price leads to the risk of the company’s share capital dilution.

　　During the duration of the convertible bonds, if the issuer’s shares trigger the downward revision of the conversion price, the conversion price of the convertible bonds issued this time will be adjusted downward. Under the condition of the same conversion scale, the number of shares converted by the issuer will increase accordingly, which will lead to the expansion of the dilution of the share capital. Therefore, during the duration, the issuer may face the risk of increasing the dilution degree of the share capital due to the implementation of the downward revision clause of the conversion price.

　　(V) Risk of price fluctuation of convertible bonds

　　Convertible bonds, as derivative financial products, have the dual characteristics of stocks and bonds. The secondary market price of convertible bonds is influenced by many factors, such as market interest rate level, coupon rate, remaining years, conversion price, stock price of listed companies, redemption terms and resale terms, investors’ psychological expectations, etc. The price fluctuation situation is more complicated, and even there may be abnormal fluctuations or deviations from their investment value, which may make investors face certain investment risks.

　　(VI) Liquidity risk

　　The trading activity of the securities trading market is influenced by the macroeconomic environment, the distribution of investors, investors’ willingness to trade and other factors. The issuer cannot guarantee that the holders of the convertible bonds can trade their bonds in full and at any time after listing on the Shanghai Stock Exchange. Therefore, after purchasing this convertible bond, investors may face the liquidity risk that they can’t sell the amount they want to sell in full at a certain price because the bond is inactive after listing.

　　(7) Risk of credit rating change

　　After the new century credit rating, the issuer’s main credit rating is AA, and the credit rating of this convertible bond is AA. During the validity period of the credit rating of this convertible bond or the duration of this convertible bond, the tracking rating will be conducted at least once a year in the new century, and the issuer cannot guarantee that its main credit rating and the credit rating of this convertible bond will not change negatively during the validity period of the credit rating or the duration of the bond. If the credit rating agency lowers the issuer’s main credit rating and/or the credit rating of this convertible bond, it may have a certain impact on the interests of bondholders.

　　Eight, the risk of COVID-19 epidemic.

　　In recent years, novel coronavirus broke out one after another in various regions of the world, which had a great impact on the world macro-economy. Subject to quarantine measures, traffic control and other epidemic prevention and control measures, the company’s procurement, production and sales are affected to some extent in the short term. Although the domestic COVID-19 epidemic has been effectively controlled, the issuer has resumed normal production and operation, and all work has been carried out in an orderly manner, if the COVID-19 epidemic recurs in China or continues to spread around the world for a long time, it may still have a certain degree of adverse impact on the company’s strategic implementation, production and operation, and performance.

　　The above possible risks have not changed much from the risk factors suggested in the previous year (or prospectus).

　　Cctv newsOn August 16th, CCTV’s "International Sharp Review" broadcast an article entitled "Global investors and traders, welcome to take the" express train "developed by China", which was reprinted by many overseas media.

　　From 16 to 18 August, Russian Siberian News Network, European Times German Network, German-Chinese Report website, French LCF Radio facebook account, Spanish Radio International website, Italian Radio We website (facebook, twitter), Turkish Economic Observation Network, Albanian National Radio and Television website, Czech Today Information Network, Kazakhstan Industrial News website, Facebook account of Tanzania Africa Media Group, facebook account of Jordan Global Radio, Chinese PT Portal, Chinese Headline APP, Portuguese New Newspaper APP(facebook, twitter), Nordic Times website, Europe-China United Times website, European Union Chinese website, Africa Times website, West Africa online website, Japanese Chinese business website, Greek China website and many other overseas media have forwarded them one after another. From August 17th to 18th, this article was also published in Hong Kong Ta Kung Pao, Hong Kong wenhui network and Hong Kong Business Daily. The main reports are as follows:

　　China recently released economic data for July, showing that the total import and export volume reached 2,602.8 billion yuan, up 12.5% year-on-year, and the growth rate was 8.2 percentage points higher than that of last month. Among them, exports were 1,389.9 billion yuan, up 6.0%, 3.0 percentage points faster than last month; Imports reached 1,212.9 billion yuan, up 20.9%, 14.9 percentage points faster than last month. Import and export balance, the trade surplus of 177 billion yuan, 83.9 billion yuan narrower than last month.

　　China’s import and export growth accelerated in July, and its trade surplus narrowed, indicating that China’s measures to open wider to the outside world are releasing more dividends. As the Supreme Leader of president, China said at the 2017 annual meeting of the World Economic Forum, China’s development is an opportunity for the world, and Chinese will not commit "red eye disease". People from all countries are welcome to take the "express train" and "free ride" developed by China. Since the Chairman of the Supreme Leader announced a new round of opening-up measures at the 2018 annual meeting of Boao Forum for Asia in April this year, various measures have been intensively implemented and the commitments to opening up have been fulfilled one by one. In the second half of the year, China will also bring two major benefits to the world: First, the "Huluntong" will be opened during the year to further open the capital market; Second, the first China International Import Expo will be held in Shanghai to provide a larger market and trading platform for global trading partners and create new market demand.

　　Look at Huluntong first. It refers to the interconnection between Shanghai Stock Exchange and London Stock Exchange. Previously, China had launched Shenzhen-Hong Kong Stock Connect and Shanghai-Hong Kong Stock Connect in 2014 and 2016 respectively, which enhanced the margin financing and securities lending capacity of the securities market between Hong Kong and mainland enterprises. "Huluntong" is the first step to connect the world’s largest emerging market with the oldest international mature market, which will not only make China’s securities market more international and legal, but also provide greater opportunities for British enterprises to deeply participate in China’s capital market. International investors can get more convenient financial support through "Huluntong" and increase opportunities for third-party market cooperation. In a recent meeting with British Foreign Secretary Hunt, China Prime Minister Li Keqiang stressed that the two sides should take the opening of the "Shanghai-Luntong" project this year as an opportunity to actively cultivate new growth points for cooperation and achieve mutual benefit and win-win results.

　　Undoubtedly, "Huluntong" will become a new footnote for the opening of China’s capital market. Prior to this, the first futures product opened to the outside world from China — — Crude oil futures are listed on the Shanghai Futures Exchange, and the A shares are included in the morgan stanley capital international Emerging Markets Index; From allowing foreign investors to hold 51% shares in joint-venture securities companies and fund companies for the first time to further liberalizing the scope of foreign investors’ participation in A-share trading, a series of opening-up actions in China’s capital market have attracted increasing foreign capital inflows.

　　According to the data of the State Administration of Foreign Exchange of China, the cross-border capital inflow of foreign securities investment in China in the first half of the year has tripled year-on-year. According to the statistics of China Securities Regulatory Commission, from January to July 2018, the accumulated net inflow of overseas funds into the A-share market was 161.6 billion yuan. Despite the intensification of global trade friction in June and July, the net inflow of overseas funds into the A-share market still reached 49.8 billion yuan. Recently, morgan stanley capital international Company released the index evaluation report for August 2018, and decided to increase the inclusion factor of the existing A shares from 2.5% to 5%, which will account for 0.75% of the morgan stanley capital international emerging market index.

　　In capital market, confidence is more important than gold. The increasing inflow of foreign capital shows the confidence in China’s economic development. In fact, foreign investors have been waiting for China’s huge financial market and profit margin for a long time. Once the "Huluntong" is opened this year, they will undoubtedly share a bigger "cake".

　　At the same time, as China’s global trading partners, they will also get more dividends from the first China International Import Expo held in Shanghai in November. As the world’s first national-level exposition with the theme of import, its role in promoting today’s world trade cooperation is unquestionable. At present, more than 2,800 enterprises from more than 130 countries and regions have registered to participate in the exhibition, and it is estimated that there will be 150,000 buyers worldwide. It is reported that more than 30 overseas enterprises have signed up in advance to participate in the second China International Import Expo next year.

　　Keen exhibitors have seen that Chinese’s demand for a better quality of life and high-quality economic development is becoming a new kinetic energy for the growth of the global consumer market and a new space for enterprises from all over the world to create wealth. It is estimated that from 2017 to 2022, China will import 8 trillion US dollars of goods and absorb 600 billion US dollars of foreign investment, with a total foreign investment of 750 billion US dollars and 700 million outbound tourists. At a time when global trade and investment are blocked by protectionism and unilateralism, the above-mentioned good news from China is undoubtedly a great boost to the confidence of enterprises in various countries. According to the annual white paper "American Enterprises in China" released by American Chamber of Commerce in China at the end of May, nearly 60% of the interviewed enterprises listed China as one of the top three investment destinations in the world, one third of the members planned to expand their investment in China by more than 10%, and 46% of the respondents expressed confidence that the China government would further open its market to foreign investment in the next three years, which was higher than 34% in the same period last year.

　　Looking around the world, China not only has a huge market with a population of nearly 1.4 billion, but also has the determination and actions to support trade liberalization and investment facilitation. I am afraid it is difficult for investors and traders from all over the world to find a bigger market and more opportunities than China. Now, what they need to do is to seize the opportunity and board the "express train" of China as soon as possible.

　　A number of overseas media forwarded "International Sharp Review" articles:

Russian Siberian News Network forwarded on August 17, 2018

The German-Chinese Report website was forwarded on August 16, 2018.

Italian Radio We website (facebook, Twitter) forwarded on August 16, 2018.

The website of Albanian National Radio and Television Station was forwarded on August 16, 2018.

The facebook account of Tanzania African Media Group was forwarded on August 16, 2018.

Jordan Global Radio facebook account forwarded on August 16, 2018

Hong Kong Ta Kung Pao was published on August 17, 2018

Wenhui network, Hong Kong forwarded on August 17, 2018.

Forward by Hong Kong Business Daily on August 18, 2018

Notice on printing and distributing the Interim Measures for the administration of competitive consultation procurement methods in government procurement

Caiku [2014] No.214

Relevant departments of the CPC Central Committee, ministries and commissions of the State Council, directly affiliated institutions, General Office of the National People’s Congress Standing Committee (NPCSC), General Office of Chinese People’s Political Consultative Conference, High Court, Supreme People’s Procuratorate, relevant people’s organizations, finance departments (bureaus) of all provinces, autonomous regions, municipalities directly under the Central Government and cities with separate plans, Finance Bureau of Xinjiang Production and Construction Corps, and centralized procurement institutions:

　　In order to deepen the reform of the government procurement system, adapt to the needs of promoting the government to purchase services and promoting the cooperation between government and social capital (PPP), according to the Government Procurement Law of People’s Republic of China (PRC) and relevant laws and regulations, the Ministry of Finance has formulated the Interim Measures for the Administration of Competitive Consultation in Government Procurement. It is issued to you, please follow it.

　　Annex: Interim Measures for the Administration of Competitive Consultation Procurement Mode of Government Procurement

the Ministry of Finance

　　December 31, 2014

　　attachment

　　Interim Measures for the Administration of Competitive Consultation Procurement Methods of Government Procurement

　　Chapter I General Provisions

　　Article 1 These Measures are formulated in accordance with Item 6, Paragraph 1, Article 26 of the Government Procurement Law of People’s Republic of China (PRC) (hereinafter referred to as the Government Procurement Law) for the purpose of regulating government procurement behavior and safeguarding national interests, social public interests and the legitimate rights and interests of parties involved in government procurement.

　　Article 2 The term "competitive negotiation procurement mode" as mentioned in these Measures means that the purchaser and the government procurement agency negotiate with qualified suppliers on the procurement of goods, projects and services through the establishment of a competitive consultation group (hereinafter referred to as the consultation group), and the suppliers submit response documents and quotations according to the requirements of the consultation documents, and the purchaser determines the procurement mode of the clinched supplier from the list of candidate suppliers proposed after the review of the consultation group.

　　Article 3 Projects that meet the following conditions may be purchased through competitive negotiation:

　　(1) Services purchased by the government;

　　(two) the technology is complex or special, and it is impossible to determine the detailed specifications or specific requirements;

　　(3) The total price cannot be calculated in advance because the time and quantity of art procurement, patents, proprietary technology or services cannot be determined in advance;

　　(four) scientific research projects with insufficient market competition, as well as scientific and technological achievements transformation projects that need support;

　　(five) in accordance with the bidding law and its implementing regulations, the construction projects other than the construction projects that must be tendered.

　　Chapter II Consultation Procedures

　　Article 4 Where the procurement of goods and services that meet the standard of open tender amount intends to adopt the competitive negotiation procurement method, the purchaser shall, before the start of procurement activities, apply to the financial department of the people’s government at or above the municipal or autonomous prefecture level for approval according to law after reporting to the competent budget unit for approval.

　　Article 5 Purchasers and procurement agencies shall organize competitive consultations in accordance with the provisions of the Government Procurement Law and these Measures, and take necessary measures to ensure that the consultations are conducted in strict confidentiality.

　　No unit or individual may illegally interfere with or influence the negotiation process and results.

　　Article 6 A purchaser and a procurement agency shall invite at least three suppliers who meet the corresponding qualifications to participate in competitive negotiation and procurement activities by issuing an announcement, randomly selecting from the supplier library established by the financial department at or above the provincial level, or recommending in writing by the purchaser and the evaluation experts respectively.

　　Suppliers who meet the requirements stipulated in the first paragraph of Article 22 of the Government Procurement Law may join the supplier library before the procurement activities begin. The financial department shall not charge any fees for the supplier’s application for warehousing, and shall not use the supplier’s library to block the region and industry.

　　If the supplier is selected by the written recommendation of the purchaser and the evaluation experts, the purchaser and the evaluation experts shall issue their own written recommendations. The proportion of suppliers recommended by the purchaser shall not be higher than 50% of the total number of recommended suppliers.

　　Article 7 Where a supplier is invited by announcement, the purchaser and the procurement agency shall issue a competitive consultation announcement in the government procurement information release media designated by the financial department of the people’s government at or above the provincial level. The announcement of competitive consultation shall include the following main contents:

　　(a) the name, location and contact method of the purchaser and the procurement agency;

　　(two) the name, quantity, brief specification description or basic introduction of the procurement project;

　　(three) the budget of the procurement project;

　　(4) Qualifications of suppliers;

　　(five) the time, place and method of obtaining the consultation documents and the price of the consultation documents;

　　(6) The deadline, opening time and place for submitting the response documents;

　　(seven) the name and telephone number of the contact person of the procurement project.

　　Article 8 Competitive consultation documents (hereinafter referred to as consultation documents) shall be formulated according to the characteristics of the procurement project and the actual needs of the purchaser, and shall be approved by the purchaser in writing. The purchaser shall take meeting the actual demand as the principle, and shall not raise the procurement standards such as budget and asset allocation without authorization.

　　Consultation documents shall not require or indicate the name of suppliers or the brand of specific goods, and shall not contain conditions such as technology and services directed to specific suppliers.

　　Article 9 The consultation documents shall include supplier qualification conditions, procurement invitation, procurement method, procurement budget, procurement demand, government procurement policy requirements, evaluation procedures, evaluation methods, evaluation criteria, price composition or quotation requirements, preparation requirements of response documents, the amount and form of deposit payment, the situation that the deposit will not be returned, the contents that may be substantially changed during the consultation, the deadline for submission of response documents, the opening time and place, and the terms of the draft contract, etc.

　　Article 10 It shall not be less than 10 days from the date when the consultation document is issued to the deadline when the supplier submits the first response document.

　　The selling price of consultation documents shall be determined in accordance with the principle of making up the production cost of consultation documents, and shall not be for profit, and shall not be based on the project budget. The sale period of the consultation documents shall not be less than 5 working days from the date of commencement.

　　Before the deadline for submitting the first response document, the purchaser, the procurement agency or the consultation group may make necessary clarifications or amendments to the issued consultation document, and the contents of the clarifications or amendments shall be regarded as an integral part of the consultation document. If the clarification or modification may affect the preparation of the response document, the purchaser and the procurement agency shall notify all suppliers who have obtained the consultation document in writing at least 5 days before the deadline for submitting the first response document; If it is less than 5 days, the purchaser and the procurement agency shall postpone the deadline for submitting the first response document.

　　Article 11 A supplier shall prepare a response document according to the requirements of the consultation document, and bear legal responsibility for the authenticity and legality of the response document submitted by it.

　　Article 12 The purchaser and the procurement agency may require the supplier to pay the negotiation deposit before the deadline for submitting the response documents. The negotiation deposit shall be paid in non-cash forms such as checks, drafts, promissory notes or letters of guarantee issued by financial institutions and guarantee institutions. The amount of negotiation deposit shall not exceed 2% of the procurement project budget. If the supplier fails to submit the negotiation deposit according to the requirements of the negotiation documents, the response is invalid.

　　If the supplier is a consortium, one or more parties in the consortium can jointly pay the negotiation deposit, and the deposit paid by them is binding on all parties in the consortium.

　　Article 13 The supplier shall seal the response document and deliver it to the designated place before the deadline required by the consultation document. The response documents delivered after the deadline are invalid documents, and the purchaser, procurement agency or consultative group shall reject them.

　　Before the deadline for submission of response documents, the supplier may supplement, modify or withdraw the submitted response documents, and notify the purchaser and procurement agency in writing. The supplemented and modified contents shall be taken as an integral part of the response document. If the content of supplement and modification is inconsistent with the response document, the content of supplement and modification shall prevail.

　　Article 14 The consultative group shall consist of three or more representatives of the purchaser and review experts, and the number of review experts shall not be less than 2/3 of the total number of members of the consultative group. The purchaser’s representative shall not participate in the evaluation of the procurement projects of the department or the unit as an evaluation expert. Personnel of a procurement agency shall not participate in the review of procurement projects represented by this agency.

　　For government procurement projects that adopt competitive negotiation, the evaluation experts shall be randomly selected from the list of experts in relevant professions in the government procurement evaluation expert database. In accordance with the provisions of Article 3, paragraph 4 of these Measures, and in special circumstances, it is difficult to determine the appropriate evaluation experts through random methods. With the consent of the competent budget unit, the evaluation experts can be selected by themselves. For procurement projects with complex technology and strong professionalism, one legal expert shall be included in the evaluation experts.

　　Fifteenth evaluation experts shall abide by the discipline of evaluation work, and shall not disclose the evaluation situation and the business secrets learned during the evaluation.

　　In the process of evaluation, the consultative group finds that the supplier has committed illegal acts such as bribery, providing false materials or collusion, and shall report to the financial department in time.

　　Experts who have been illegally interfered in the evaluation process shall report to the finance and supervision departments in a timely manner.

　　Sixteenth members of the consultative group shall, in accordance with the principles of objectivity, impartiality and prudence, conduct independent evaluation according to the evaluation procedures, evaluation methods and evaluation standards stipulated in the consultation documents. The response documents that do not substantially respond to the consultation documents shall be treated as invalid responses, and the consultation team shall inform the suppliers that submitted the response documents.

　　If the contents of the consultation documents violate the relevant mandatory provisions of the state, the consultation group shall stop the review and explain the situation to the purchaser or procurement agency.

　　Seventeenth buyers, procurement agencies shall not make biased and misleading explanations or explanations to the evaluation experts in the consultative group.

　　The purchaser and procurement agency may, depending on the specific situation of the procurement project, organize the supplier to conduct on-site inspection or hold a question-and-answer meeting before the consultation, but shall not organize the on-site inspection and question-and-answer meeting with only one supplier separately or separately.

　　Article 18 When reviewing the validity, completeness and response degree of the response documents, the consultative group may require the suppliers to make necessary clarifications, explanations or corrections to the contents in the response documents that are ambiguous in meaning, inconsistent in the expression of similar problems, or have obvious errors in writing and calculation. The supplier’s clarification, explanation or correction shall not go beyond the scope of the response document or change the substantive content of the response document.

　　The response documents required by the consultative group for suppliers to clarify, explain or correct shall be made in writing. The clarification, explanation or correction of the supplier shall be signed or stamped with the official seal by the legal representative or his authorized representative. Signed by an authorized representative, a power of attorney from the legal representative shall be attached. If the supplier is a natural person, it shall be signed by himself and attached with identification certificate.

　　Article 19 All members of the consultative group shall focus on separate consultations with a single supplier, and give all suppliers participating in the consultations equal consultation opportunities.

　　Article 20 During the consultation, the consultative group may substantially change the technical and service requirements in the procurement requirements and the terms of the draft contract according to the consultation documents and the consultation situation, but shall not change other contents in the consultation documents. The content of substantive changes shall be confirmed by the purchaser’s representative.

　　The substantive changes made to the consultation document are an effective part of the consultation document, and the consultation team shall notify all the suppliers participating in the consultation in writing in time.

　　The supplier shall resubmit the response document according to the changes of the consultation document and the requirements of the consultation group, and sign or affix the official seal by its legal representative or authorized representative. Signed by an authorized representative, a power of attorney from the legal representative shall be attached. If the supplier is a natural person, it shall be signed by himself and attached with identification certificate.

　　Article 21 If the consultation document can specify the technical and service requirements of the subject matter of the procurement in detail, after the negotiation, the consultation group shall require all the suppliers who have substantially responded to submit the final quotation within the specified time, and the number of suppliers who have submitted the final quotation shall not be less than three.

　　If the technical and service requirements of the procurement target cannot be specified in detail in the consultation document, and the final design scheme or solution needs to be provided by the supplier after consultation, after the consultation, the consultation team shall vote to recommend the design schemes or solutions of more than three suppliers according to the principle that the minority is subordinate to the majority, and ask them to submit the final quotation within the specified time.

　　The final quotation is an effective part of the supplier’s response document. In case of meeting Item 4 of Article 3 of these Measures, there may be two suppliers who submit the final quotation.

　　Twenty-second suppliers who have submitted response documents may withdraw from the negotiation according to the negotiation situation before submitting the final quotation. The purchaser and the procurement agency shall refund the consultation deposit of the supplier who has withdrawn from the consultation.

　　Article 23 After the final purchase demand and the supplier who submitted the final quotation are determined through consultation, the consultation team will comprehensively score the response documents and the final quotation of the supplier who submitted the final quotation by using the comprehensive scoring method.

　　Comprehensive scoring method refers to the evaluation method that the response documents meet all the substantive requirements of the consultation documents and the supplier with the highest score is the candidate supplier for the transaction according to the quantitative indicators of the evaluation factors.

　　Twenty-fourth comprehensive evaluation criteria in the score setting should be corresponding to the quantitative indicators of evaluation factors. The evaluation criteria not specified in the consultation document shall not be used as the basis for evaluation.

　　During the review, each member of the consultative group shall independently evaluate and score each effective response document, and then summarize the scores of each scoring factor of each supplier.

　　According to the comprehensive scoring method, the price score of goods accounts for 30% to 60% of the total score, and the price score of services accounts for 10% to 30% of the total score. If there are different procurement objects in the procurement project, the procurement object with the highest proportion of project funds shall determine its project attributes. In line with the provisions of the third paragraph of Article 3 of these Measures and the implementation of unified price standards, the price of the project is not listed as a scoring factor. There are special circumstances that need to set the price distribution weight outside the above-mentioned provisions, which shall be approved by the financial department of the people’s government at the corresponding level.

　　The price score in the comprehensive scoring method is calculated by the low price priority method, that is, the price of the supplier who meets the requirements of the negotiation documents and finally offers the lowest price is the negotiation benchmark price, and its price score is full marks. The prices of other suppliers are calculated in accordance with the following formula:

　　Negotiation quotation score = (negotiation benchmark price/final negotiation quotation) × price weight ×100

　　In the process of project review, the highest and lowest quotations in the final quotation shall not be removed.

　　Article 25 The consultative group shall, according to the comprehensive scores, recommend more than three candidate suppliers for the transaction in the order of the evaluation scores from high to low, and prepare the evaluation report. In accordance with the third paragraph of article twenty-first of these measures, two candidate suppliers can be recommended. If the evaluation scores are the same, it shall be recommended according to the order of the final quotation from low to high. If the evaluation score is the same and the final quotation is the same, it shall be recommended in the order of technical indicators.

　　Article 26 The review report shall include the following main contents:

　　(a) the specific ways and relevant information of inviting suppliers to participate in procurement activities;

　　(two) the date and place of opening the response document;

　　(3) A list of suppliers who have obtained the consultation documents and a list of members of the consultation group;

　　(4) Records and explanations of the review, including the qualification review of suppliers, the review of suppliers’ response documents, consultations, quotations, etc.;

　　(5) The ranking list of the proposed candidate suppliers for the transaction and the reasons.

　　Twenty-seventh review report shall be signed by all the members of the consultative group. If the members of the consultative group disagree with the review report, the consultative group will recommend the candidate suppliers for the transaction according to the principle that the minority is subordinate to the majority, and the procurement procedure will continue. Members of the consultative group who have objections to the review report shall sign different opinions on the report and explain the reasons, and the consultative group shall record the relevant information in writing. If the members of the consultative group refuse to sign the report and do not explain their different opinions and reasons in writing, they shall be deemed to have agreed to review the report.

　　Twenty-eighth procurement agencies shall, within 2 working days after the end of the review, send the review report to the purchaser for confirmation.

　　The purchaser shall, within 5 working days after receiving the evaluation report, determine the transaction supplier from the candidate suppliers proposed in the evaluation report according to the principle of ranking from high to low, or authorize the consultation group to directly determine the transaction supplier in writing. If the purchaser fails to determine the supplier of the transaction within the time limit and does not raise any objection, it shall be deemed that the supplier ranked first in the evaluation report is determined as the supplier of the transaction.

　　Article 29 The purchaser or procurement agency shall, within 2 working days after the supplier is confirmed, announce the transaction result on the government procurement information release media designated by the financial department at or above the provincial level, and issue a transaction notice to the supplier at the same time, and announce the negotiation documents together with the transaction result. The announcement of the transaction result shall include the following contents:

　　(a) the name, address and contact information of the purchaser and the procurement agency;

　　(2) Project name and project number;

　　(three) the name, address and transaction amount of the supplier;

　　(four) the name, specifications, quantity, unit price and service requirements of the main transaction targets;

　　(5) List of members of the Consultative Group.

　　If a supplier is recommended in writing to participate in procurement activities, the recommendation opinions of the purchaser and the evaluation experts shall also be announced.

　　Article 30 The purchaser and the supplier shall, within 30 days from the date of issuing the notice of transaction, sign the government procurement contract according to the contract text determined in the consultation document, as well as the procurement subject matter, specifications and models, purchase amount, purchase quantity, technology and service requirements.

　　The purchaser shall not put forward any requirements beyond the negotiation documents to the supplier as a condition for signing the contract, and shall not conclude an agreement with the supplier that deviates from the contract text determined in the negotiation documents and the substantive contents such as the procurement target, specifications, purchase amount, purchase quantity, technology and service requirements.

　　Article 31 The purchaser or procurement agency shall return the negotiation deposit of the supplier in time after the procurement activities, except that it cannot be returned in time due to the supplier’s own reasons. The negotiation deposit of unsuccessful suppliers shall be returned within 5 working days after the transaction notice is issued, and the negotiation deposit of successful suppliers shall be returned within 5 working days after the signing of the procurement contract.

　　In any of the following circumstances, the negotiation deposit will not be refunded:

　　(1) The supplier withdraws the response documents after the deadline for submitting the response documents;

　　(2) The supplier provides false materials in the response document;

　　(3) The supplier fails to sign a contract with the purchaser, except for cases recognized by force majeure or negotiation documents;

　　(four) suppliers and purchasers, other suppliers or procurement agencies in bad faith;

　　(5) Other circumstances stipulated in the consultation document.

　　Article 32 The purchaser or procurement agency shall not organize re-evaluation for any reason, except that the qualification inspection finds errors, the scores are calculated incorrectly, the sub-items are beyond the scope of scoring standards, the objective scores are inconsistent, and the scores are unanimously determined by the consultation group to be abnormally high or abnormally low. If the purchaser or procurement agency finds that the consultative group has not conducted the review according to the review criteria stipulated in the consultation document, it shall re-launch the procurement activities and report to the financial department at the same level in writing.

　　The purchaser or procurement agency shall not change the evaluation results by testing samples or inspecting suppliers.

　　Article 33 Where a supplier refuses to sign a government procurement contract, the purchaser may determine other suppliers as the supplier and sign a government procurement contract according to the principle stipulated in the second paragraph of Article 28 of these Measures, or may resume procurement activities. The supplier who refuses to sign the government procurement contract shall not participate in the procurement activities of the project.

　　Article 34 Under any of the following circumstances, the purchaser or procurement agency shall terminate the competitive negotiation procurement activities, issue a project termination announcement and explain the reasons, and resume the procurement activities:

　　(a) due to changes in circumstances, it no longer meets the requirements of the application of competitive negotiation procurement methods;

　　(two) there are violations of laws and regulations that affect the procurement justice;

　　(3) Except for the circumstances specified in the third paragraph of Article 21 of these Measures, there are less than three suppliers who meet the requirements in the procurement process or whose quotations do not exceed the procurement budget.

　　Article 35 If the procurement task is cancelled due to major changes in the procurement activities, the purchaser or procurement agency shall terminate the procurement activities, notify all suppliers participating in the procurement activities, and report the project implementation and the reasons for canceling the procurement task to the financial department at the same level.

　　Chapter III Supplementary Provisions

　　Article 36 If there are other provisions in the relevant legal system on the competitive negotiation and procurement of government and social capital cooperation projects, those provisions shall prevail.

　　Thirty-seventh the term "competent budget unit" as mentioned in these Measures refers to the state organs, institutions and organizations responsible for compiling departmental budgets and reporting budgets to the financial departments at the same level.

　　Article 38 These Measures shall come into force as of the date of promulgation.

[Global Network Comprehensive Report] On January 17, a press conference was held at the National Health and Wellness Commission to introduce the health-related situation of seasonal solar terms. How to judge whether it is the flu or the common cold? Do I have to go to the hospital after I get the flu? Won’t you get the flu if you’ve been vaccinated against the flu? In response to these questions, the participating experts gave authoritative answers.

When cold symptoms appear, how to judge whether it is flu or common cold?

Li Dong, the chief physician of Beijing You ‘an Hospital, once said that when we have symptoms, we can initially analyze whether it is influenza or common cold from the epidemiological history and symptoms.

In the history of epidemiology, in the winter and spring when influenza is high, if you have high fever, cough, sore throat, muscle aches, fatigue and other symptoms after close contact with influenza cases, it is probably influenza. The common cold generally has no clear source of infection.

From the symptoms, the flu symptoms are more severe, and the onset is urgent, accompanied by systemic symptoms such as high fever, headache, muscle aches and special fatigue above 38.5℃. The common cold is usually low or moderate fever, or even no fever. The symptoms are mainly nasal congestion, runny nose and sneezing, which are relatively mild.

Do I have to go to the hospital after I get the flu?

Li Dong once said that for flu patients, those with mild symptoms can be isolated at home, and antipyretic and analgesic drugs and expectorant and antitussive drugs can generally recover in about 7 days. If you have high fever above 39℃ and the antipyretic drugs are not effective during home isolation, or you have severe symptoms such as severe cough, shortness of breath, chest tightness and breath-holding, as well as severe headache, frequent vomiting, confusion, etc., or the symptoms have not eased for more than 5 days, it is recommended to seek medical advice in time.

What are the precautions for home rehabilitation?

Li Dong once said that adequate rest is conducive to recovery. It is not recommended to go to work, go to school, visit relatives and friends or attend parties when sick, and avoid receiving visiting relatives and friends during illness to reduce the risk of infection. When resting at home, those who can afford it should stay in a separate room, those who can’t should try to keep their distance from their families, open more windows for ventilation, and wear masks when contacting their families. Cover your nose and mouth with paper towels or elbows when sneezing or coughing. Throw the used paper towels into the covered trash can immediately and wash your hands in time.

Li Dong once reminded that the elderly, pregnant women, children, immunocompromised people and moderately obese people are high-risk people with severe influenza. Once they get the flu, it is recommended to treat them as soon as possible under the guidance of a doctor. During the period of rest and isolation at home, we should pay attention to rational drug use and avoid abusing antibiotics, because antibiotics are ineffective against virus infection.

How to effectively prevent influenza?

Wang Dayan, a researcher at the Institute of Viral Disease Prevention and Control of China Center for Disease Control and Prevention, said that the most effective and economical way to prevent influenza is to vaccinate against influenza, which can significantly reduce the risk of morbidity and serious complications. Although vaccination is recommended before the influenza epidemic season, as long as individuals are not infected, vaccination can prevent influenza, alleviate symptoms, shorten the course of disease, and significantly reduce the risk of developing into severe illness and death.

"However, getting the flu vaccine doesn’t mean that you won’t get the flu at all." Wang Dayan said that the flu vaccine only targets the flu virus and has no protective effect on other pathogens of acute respiratory infections. After vaccination, it usually takes some time to produce enough antibodies to achieve the protective effect, so even after vaccination, protective measures still need to be taken.

In addition, Wang Dayan reminded that after the recovery of acute respiratory infections such as influenza and pneumonia, influenza vaccination can prevent influenza and other types of influenza. During the epidemic season, people who have not been vaccinated in time, especially the elderly, infants, patients with chronic diseases and their families living together, should be vaccinated as soon as possible, and early vaccination will benefit early.

Won’t you get the flu if you’ve been vaccinated against the flu?

Li Dong once said that people who are still infected with influenza virus after being vaccinated do, but compared with those who have not been vaccinated, the risk of being infected with influenza virus is significantly reduced, and the symptoms of influenza after infection are relatively mild and the risk of severe illness is lower. For example, there can be no high fever, only low fever or no fever, and the cough lasts for a short time, so you can recover faster.

Li Dong once suggested that those who have not been vaccinated against influenza this year and have not been infected with influenza yet should be vaccinated as soon as possible. People who have been infected with influenza virus can have some immunity to the subtype of influenza virus infected this time, and it is very unlikely that they will be infected with the same subtype again in a short period of time, but there is no protection for other influenza strains. At present, more than 99% of the influenza strains prevalent in China are H1N1 subtype of influenza A, which can be protected after infection, but influenza vaccines are usually trivalent or tetravalent vaccines. If you vaccinate after infection, you can also obtain the protection of influenza A H3N2 strain and influenza B strain. So even if you have had the flu once, you can gain resistance to the other two strains after vaccination.

How to use drugs scientifically for influenza patients?

Recently, mabaloxavir and oseltamivir, two influenza drugs, have attracted more attention on the Internet. Li Dong once said that at present, only mabaloxavir is approved for the treatment of influenza in China, but it has not been approved for post-exposure prevention. Pay attention to the following points when using mabaloxavir to treat influenza:

Use as soon as possible: antiviral drugs should be used as soon as possible, and mabaloxavir suggests using them within 48 hours of onset to achieve the best effect.

Applicable people: Mabaloxavir is currently only approved for antiviral treatment for people aged 5 years and above. Oseltamivir should be used in the treatment of influenza in children under 5 years old. For pregnant women and lactating women, it is suggested to choose oseltamivir for antiviral treatment because of the lack of data on the use of mabaloxavir.

Drug interaction: Mabaloxavir may interact with other drugs when used together. If you need to use this drug, be sure to inform your doctor about other drugs you are using (including over-the-counter drugs and health care products) to avoid potential drug interactions.

Pay attention to allergic reaction: If you have allergic symptoms such as rash, itching, dyspnea or other serious discomfort during the use of mabaloxavir, you should stop taking the drug immediately and seek medical attention.

Li Dong once reminded that one or two "star drugs" should not be relied too much when treating influenza. Scientific use of symptomatic drugs and adequate rest are conducive to faster recovery.

How do the elderly cope with the flu challenge?

Li Jing, the chief physician of Beijing Hospital, said that the physical resistance of the elderly is weaker than that of the young people, and the flu symptoms may be more serious, such as a long duration of fever, which may easily lead to complications such as pneumonia and respiratory failure, and the recovery rate of the disease is slow. Daily protection is very important. Influenza is a respiratory infectious disease. Older people should wear masks when going out, and try to avoid shopping malls, markets and other crowded places with poor air circulation. At the same time, we should pay attention to increasing or decreasing clothes according to the weather changes to keep warm and cold. Always ventilate at home to keep the air fresh.

Li Jing said that if the elderly are infected with flu and have mild symptoms (such as sore throat, cough, runny nose, etc.), they can rest at home first, drink more water, eat light food, keep their stools unobstructed, and use drugs appropriately to relieve symptoms. However, once there are serious symptoms such as persistent high fever, a lot of thick sputum, dyspnea and listlessness, you should go to the hospital immediately to avoid delaying your illness. When taking care of the elderly with influenza, family members should also pay attention to avoid cross-infection. Besides washing your hands frequently, you should try to wear a mask when you are in contact with the elderly.

Customs officers of Guangzhou Customs instruct enterprise staff to use the customs self-service terminal to handle business.

Guangzhou customs officers inspect the production of dairy products in import and export enterprises. Photo courtesy of Guangzhou Customs

　　Is it cumbersome for export cosmetics manufacturers to go through customs filing procedures? How to go through customs clearance procedures? How to apply for cosmetic inspection? How to become a customs AEO enterprise? On August 30th, Guangzhou Customs held a special presentation on the policy of "Customs Entering Enterprises" and "How to Go Global for Cosmetic Enterprises", and answered questions on export cosmetics, customs credit management and other related policies throughout the chain. More than 100 representatives from more than 80 export cosmetics manufacturers returned home with full loads.

　　Since the beginning of this year, in order to further optimize the business environment and promote the facilitation of cross-border trade, Guangzhou Customs has organized more than 20 seminars on the credit system, and given special guidance on AEO standards to more than 2,000 enterprises. First, it has tried some measures such as simplifying the filing of export cosmetics manufacturers and "internet plus’s voluntary disclosure", such as "reducing licenses to facilitate people" and "promoting business with integrity", accelerating the promotion of "Internet+government services" and speeding up the construction of "smart customs". In August, the overall customs clearance time of Guangzhou Customs was 25.22 hours for imported goods and 2.71 hours for exported goods, both of which were reduced by more than 60% compared with 2017.

　　"One Form" to Complete Enterprise Filing

　　Make government services easier.

　　"The biggest feeling is that there are fewer materials to be handed in. Not only do you need to provide business-related materials, but you don’t need to submit the industrial and commercial business license. You only need a piece of A4 paper to print the Information Filing Form for Export Cosmetic Manufacturers," said Xu Yandan, a salesman of Guangdong Rubik’s Cube Cosmetic Technology Co., Ltd. On August 22nd, less than an hour after applying for filing with Tianhe Customs, which belongs to Guangzhou Customs, Xu Yandan only filled in a form and completed all the formalities of filing for export cosmetics manufacturers.

　　In order to further "reduce the license and facilitate the people", Guangzhou Customs went into the enterprise to carry out extensive investigation and research. In view of the problem that enterprises report a large number of application materials for the record of export cosmetics production enterprises, we will organize a special demonstration, try to simplify them first in the country, and make it clear that materials that can be replaced by online verification or notification of commitments, and that the customs can independently verify them do not need to be submitted to the customs repeatedly.

　　"Can ‘ Reduce the certificate ’ It’s because Guangzhou Customs has been promoting the informatization construction, connecting with the data of the local government’s commercial subject information platform, and exempting enterprises from submitting the verifiable enterprise market supervision (industry and commerce) registration information and unified social credit code repeatedly, "said Li Xiaohong, head of Tianhe Customs under Guangzhou Customs.

　　On the basis that the General Administration of Customs has simplified and integrated the deployment of the documents attached to the import declaration in the early stage, Guangzhou Customs has continued to streamline the documents and materials required for import and export customs clearance, and promoted paperless and online customs clearance. Cancel the enterprise-related list, invoice and paper declaration power of attorney, and the enterprise will provide it in a paperless way when it is really necessary for customs examination. Fully promote the application function of "single window" standard edition, realize enterprises to print export certificates of origin through "single window", promote the functions of tax reduction and exemption review and confirmation and follow-up management business application, and promote the self-printing of "special customs payment book" At the same time, electronic seals such as administrative seal and special seal for administrative license are fully enabled on the online processing platform of customs administrative examination and approval, effectively solving the "last mile" problem of online processing of customs administrative examination and approval.

　　Average customs clearance time of AEO enterprises in the first eight months

　　41% faster than ordinary enterprises

　　"After becoming an AEO advanced certification enterprise, on the one hand, the company’s customs clearance at home and abroad is more convenient, the delivery time is shortened, and the business reputation is more guaranteed; On the other hand, foreign customers are more willing to cooperate with customs high-credit enterprises, and our competitiveness in the international market has been improved. " Liu Jianhui, CEO of Guangdong Jianmei Aluminum Profile Factory (Group) Co., Ltd. said, "According to preliminary statistics, the company’s cargo inspection rate, customs clearance time and customs clearance cost have all decreased by about 40%. The total export trade in the first eight months of this year was about 14.46 million US dollars, an increase of about 21% year-on-year."

　　AEO is the abbreviation of "certified operator", and customs AEO enterprises include advanced certification enterprises and general certification enterprises. AEO system mainly certifies enterprises with high credit status, law-abiding degree and safety level through customs, and certified enterprises can get customs clearance facilities, such as giving priority to customs clearance procedures, reducing the rate of goods inspection, offering preferential tax guarantee, setting up coordinators to solve problems encountered in customs clearance, greatly shortening customs clearance time and enjoying joint incentives from relevant state departments. Up to now, China Customs has achieved AEO mutual recognition with 41 countries and regions in 14 economies, including Singapore, South Korea, European Union, Switzerland, New Zealand, Israel and Japan, and given each other convenient measures for AEO enterprises.

　　Liang Huiqi, director of the Enterprise Management and Inspection Department of Guangzhou Customs, said that becoming an AEO advanced certification enterprise is equivalent to getting a "green pass" for international trade. Customs in different countries can give preferential and convenient measures to AEO enterprises in the other country through AEO mutual recognition system. In this way, whether Chinese enterprises "go out" or foreign goods "are brought in", it is more convenient and time-saving, safe, fast and low-cost.

　　The data shows that this year is 1-mdash; In August, the average import clearance time of AEO enterprises in Guangzhou customs clearance area was 4.16 hours, 41% faster than that of general credit enterprises. At present, the number of AEO enterprises in Guangzhou customs area has reached 1217, 1-mdash; In August, the import and export value exceeded $66 billion, accounting for more than 53% of the total import and export value of enterprises in the customs area. Guangzhou Customs also cooperated with 33 local government departments to implement 20 joint incentive measures, and 376 AEO enterprises enjoyed such conveniences as giving priority to export tax rebates.

　　"Active disclosure" encourages enterprises to be more law-abiding.

　　Implementing "Trust Management" to Reduce Burden and Increase Efficiency

　　"In the process of internal audit, the company found that a charge to be paid was related to imported goods, but it was not determined whether to pay when the goods were imported, so it was not declared to the customs. After discovering the problem, I didn’t know how to deal with it. Later, I learned about the customs when I attended the presentation ‘ Voluntary disclosure ’ The system immediately submitted the self-inspection report as required. After strict examination by the customs, the administrative punishment was exempted according to law. " Liang Guifen, manager of Guangzhou Jebsen Beverage (China) Co., Ltd. said.

　　Liang Guifen believes that "voluntary disclosure" gives enterprises the opportunity to take the initiative to correct mistakes, and also reduces the impact of omissions on the company’s operations. In April this year, the company voluntarily disclosed the royalties involved in the beer and other goods it imported in 2018, and after accounting by the customs inspection department, it voluntarily paid more than 9 million yuan in taxes. Because it met the conditions of "voluntary disclosure", Guangzhou Customs exempted it from administrative punishment according to the Customs Inspection Regulations.

　　The "voluntary disclosure" system implemented by the customs encourages enterprises to report to the customs in writing on their own initiative the errors that are not in conformity with the customs management regulations and are not found by the customs after self-inspection by enterprises. Customs can provide preferential policies such as reducing or exempting tax late fees and administrative penalties for law-abiding and self-disciplined enterprises according to the law, which not only improves the efficiency of customs administrative law enforcement, but also greatly encourages enterprises to consciously abide by the law and is conducive to creating a good business environment.

　　"We launched ‘ in August. Internet plus voluntarily disclosed ’ , online processing makes the process clearer, the communication between enterprises and enterprises more efficient, and improves the enterprise ‘ Voluntary disclosure ’ The enthusiasm. " Wang Lei, Deputy Chief of Inspection Business Management Section of Enterprise Management and Inspection Department of Guangzhou Customs, introduced. In the first eight months of this year, Guangzhou Customs accepted 67 cases of "voluntary disclosure" by enterprises, involving about 31.67 million yuan in taxes.

　　In order to encourage enterprises to be honest and law-abiding, Guangzhou Customs also implements trust management for enterprises in the customs area, further clarifies the work related to the "voluntary disclosure" system and fault-tolerant mechanism, and does not record customs declaration errors for "declare in advance" customs declarations that meet the prescribed conditions. The operation time for customs to review the application for customs declaration error review has been reduced to an average of about 20 minutes, which has effectively reduced the burden and increased efficiency for enterprises. So far, 601 relevant customs declarations have been reviewed for errors, and the number of applications for review by enterprises has increased by 23% year-on-year.

　　"Online Customs" and China Unicom’s customs clearance are deeper.

　　Government service "Guangdong saves trouble"

　　On July 19th, as the customs officers of Foshan Customs Office in Gaoming, a subsidiary of Guangzhou Customs, obtained the bonded goods data of Guangdong Yida Textile Co., Ltd. on the special government service (Guangzhou) system of "internet plus Customs", Guangzhou Customs successfully connected the ERP system of customs networked supervision enterprises with "online customs" for the first time.

　　Enterprise Resource Planning, also known as "enterprise resource planning", refers to the establishment of an enterprise management system based on computer information system, which integrates material resources, human resources, financial resources and information resources.

　　"Through ‘ Online Customs ’ It is very convenient to handle customs business, but before that, we still need to submit the inventory data of the electronic account book verification cycle to the customs business site when the electronic account book expires, and because of the wide variety of bonded goods in our company, the long production process and the large amount of data, every time we submit the data, we must have special personnel to follow up. " Mai Zhiwei, manager of Guangdong Yida Textile Co., Ltd. said, "This time, our ERP system and ‘ Online Customs ’ Networking docking, as long as the enterprise is turned on for 5 minutes, the customs can grab the required business data online, which reduces the time of going to and from the scene, and also avoids human errors for us. The saved manpower, financial resources and time can make us more focused on production and operation. "

　　Recently, Guangzhou Customs has actively promoted the docking of "online customs" with Guangdong’s "digital government" construction project and achieved initial results. Six government service items, such as "printing without registration certificate for enterprises", "processing result without registration certificate for resident offices" and "application for cancellation of resident offices", have been integrated into Guangdong government service self-service terminal, and two platforms, such as Guangzhou inbound and outbound postal express customs clearance inquiry and Guangzhou cross-border e-commerce goods customs clearance inquiry, have been successfully docked with the mobile phone terminal.

　　The relevant person in charge of Guangzhou Customs said that Guangzhou Customs will implement the work arrangements of the General Administration of Customs and Guangdong Province to enhance cross-border trade facilitation, persist in striving for progress while maintaining stability, and further optimize processes, streamline documents, improve efficiency, reduce costs, create an honest and law-abiding business environment and promote cross-border trade facilitation on the existing basis.

　　Written by: Chen Xiao Guan Yue

November 24, 2004 Caizong [2004] No.87

Relevant departments of the CPC Central Committee, ministries and commissions of the State Council, directly affiliated institutions, finance departments (bureaus) of all provinces, autonomous regions and municipalities directly under the Central Government, development and reform commissions and price bureaus:
　　In order to fully implement the Administrative Licensing Law and promote administration according to law, in accordance with the Notice of the State Council on Printing and Distributing the Implementation Outline of Comprehensively Promoting Administration according to Law (Guo Fa [2004] No.10), the Implementation Opinions of General Office of the State Council on Implementing the Implementation Outline of Comprehensively Promoting Administration according to Law (Guo Fa [2004] No.24) and the State Council’s Decision on the Third Batch of Cancellation and Adjustment of Administrative Examination and Approval Items (Guo Fa [2004]) As well as the relevant provisions of the Notice of the National Development and Reform Commission and the Ministry of Finance on Clearing up the Charges of Administrative Organs and Institutions (No.1196 [2004] of the Development and Reform Commission), we have comprehensively cleaned up the national and central departments and units’ administrative examination and approval (including administrative licensing, the same below) and decided to announce the cancellation of 103 administrative examination and approval and other charging items. The relevant matters are hereby notified as follows:
　　First, the following 84 items have been approved by the Ministry of Finance and the National Development and Reform Commission (including the former State Planning Commission and the former State Price Bureau), but the administrative examination and approval fees that do not meet the provisions of laws and administrative regulations shall be announced for cancellation.
　　(1) Public security departments
　　1 border management area pass fee
　　2 border residents entry and exit permit fee
　　3. The cost of the foreigner’s settlement identity confirmation form
　　4. Work fee for the ship’s work permit
　　5 Taiwan Province compatriots travel certificate fee.
　　6. driver’s license annual inspection fee
　　7. Handling fees for major and extraordinarily serious traffic accidents
　　8. Fee for holding a gun license for official use
　　9. Cost of civil firearms holding license
　　10 explosive storage license fee
　　11 explosives use license fee
　　12. Fee for explosives purchase certificate
　　13 explosives transport license fee
　　14. The demolition work permit fee
　　(B) development and reform (coal) sector
　　15. Cost of coal business qualification certificate
　　(3) Food and drug supervision departments
　　16 new biological products approval fee (incorporated into the new drug approval fee)
　　17. Registration fee for export license of special chemicals
　　18 drug packaging materials, container production enterprise license review fee
　　(IV) Agricultural sector
　　19 export pesticide approval fee
　　20. Application for examination and approval fee for pesticide test
　　21. Soil and fertilizer testing fee
　　22. Registration fee for fertilizer, soil conditioner and plant growth regulator (including registration certificate fee)
　　23. Regional test fee for crop varieties
　　(5) Industrial and commercial departments
　　24 "trademark registration certificate" verification fee
　　(6) Information industry departments
　　25. Radio registration fee (including fees charged by other departments)
　　26 basic telecommunications business license fee
　　27 trans regional value-added telecommunications business license fee
　　28 value-added telecommunications business license fee
　　(VII) Science and Technology Department
　　29. Technology contract registration fee
　　30 science and technology award evaluation fee (including other departments)
　　(8) Department of land and resources
　　31. Examination and approval fee for geological survey report
　　32 construction land approval fee
　　(9) Surveying and mapping departments
　　33 surveying and mapping work permit fee
　　34. Surveying and mapping qualification fee
　　(10) Department of tobacco monopoly
　　35 tobacco monopoly license (including production, wholesale, retail, temporary) charges
　　(11) Zhongzhi Administration Bureau
　　36. Evaluation fee for scientific research and production units of commercial password products
　　37. Annual fee for licensed sales of commercial password products
　　(twelve) personnel and other departments belong to the talent flow center.
　　38. Political examination fee for going abroad
　　(13) Commission of Science, Technology and Industry for National Defense
　　39. Licensing fees for nuclear materials
　　(14) People’s Bank of China
　　40. Charge for loan card
　　(fifteen) the competent department of production safety (coal)
　　41 dangerous chemicals business license fee
　　42. Fee for special operators’ operation certificate (IC card)
　　43 township coal mine safety production conditions certificate fee
　　(16) Judicial department
　　44. Fee for lawyer’s practice license
　　45 grass-roots legal service workers practicing license fee
　　46. Notary’s practice certificate fee
　　47 law firm practice license fee
　　(17) Press and publication department
　　48 newspaper publishing license fee
　　49. Press card fee
　　(XVIII) Cultural departments
　　50. Performance license fee
　　(XIX) Forestry Department
　　51. Timber transport license fee
　　52 timber cutting license fee
　　53 domestication and breeding license fee
　　54. Fee for special hunting and catching license
　　55 hunting license fee
　　(twenty) population and family planning departments.
　　56 "floating population marriage certificate" fee
　　(twenty-one) civil aviation management department
　　57. Business license fee
　　58 civil aviation safety inspection license fee
　　59. Safety inspection instrument use certificate fee
　　(XXII) Railway departments
　　60 liquefied gas railway tank car (tank) transport license fee
　　(XXIII) Construction Department
　　61. Certified architect certificate fee
　　62. Certificate fee for registered structural engineer
　　63. Certificate fee for registered town planners
　　64. Certificate fee for real estate appraisers
　　65 real estate agent registration certificate fee
　　66. Cost engineer certificate fee
　　67. Supervision engineer certificate fee
　　68 engineering survey and design qualification certification fees
　　69 construction enterprise qualification examination certificate fee
　　70. Construction supervision certificate (including supervision engineer certificate and supervision unit certificate) fee
　　71 city planning qualification certificate fee
　　(twenty-four) labor and social security departments
　　72 wage fund management manual fee
　　(twenty-five) education department
　　73 at their own expense to study abroad intermediary service institutions qualification certificate fee
　　(XXVI) Department of Transportation
　　74. Fee for work permit on water and underwater.
　　(27) China Securities Regulatory Commission.
　　75. Issuance audit fee
　　(28) General Administration of Customs
　　76 customs supervision fees for duty-free goods
　　77. Customs supervision fees for goods in export supervised warehouses
　　78. Tax refund (customs clearance) fee for imported goods
　　79. The vehicle takes up the inspection fee for overtime.
　　80. Vehicle inspection fee
　　(XXIX) Health department
　　81 private medical institutions management fees
　　(30) Port administrative departments (local governments)
　　82. Port management (construction) fee
　　(31) Quality inspection and quarantine department
　　83 cotton quality inspector registration certificate fee
　　(32) Intellectual property department
　　84 intellectual property training center school funding
　　Two, the following seven administrative examination and approval fees have been approved by the Ministry of Finance and the National Development and Reform Commission (including the former State Planning Commission and the former State Price Bureau), with the third batch of administrative examination and approval items cancelled in the State Council.
　　(a) the public security (production safety) department
　　1 explosives (including fireworks) safety production license fee
　　2 explosives (including fireworks) sales license fee
　　(2) The financial department
　　3. Examination fees for registered accountants to perform securities and futures-related businesses.
　　(III) Agricultural sector
　　4 veterinary drug preparation license fee
　　(4) Commercial departments
　　5. Fee for import certificate of specific mechanical and electrical products
　　6 mechanical and electrical products import quota certificate fee
　　(5) General Administration of Customs
　　7. Registration fee for customs declaration unit
　　　 Three, the following 12 administrative examination and approval fees, belonging to the relevant departments ultra vires approval fees, to be announced to cancel.
　　(1) People’s Bank of China
　　1 mechanical and electrical products import registration form fee
　　(2) Department of transportation
　　2 "water transport license" fee
　　3. Cost of building fire protection certificate
　　4. Fire control construction permit fee
　　5. Fire control audit fee
　　6 explosives management certificate fee
　　(3) Tourism sector
　　7. Fee for star report of tourist hotel
　　8 travel agency business license fee
　　9. Travel agency to declare technical report fee
　　10. Fee for the list of overseas travel teams
　　11 outbound tour guide card fee
　　12 tour guide qualification certificate fee
　　Four, the above fees, in addition to the cancellation of the third batch of administrative examination and approval items in the State Council, the fees approved by the relevant departments beyond their authority shall be corrected immediately, and other fees shall be cancelled as of January 1, 2005. Relevant collecting departments and units shall, in accordance with the regulations, go through the cancellation procedures of the License for Charges at the competent price department that originally issued the License for Charges, and go through the cancellation procedures of the bills at the financial department that originally issued the bills for charges. Before January 1, 2005, the balance of relevant funds for charges shall be paid in full to the state treasury or financial accounts in strict accordance with the channels originally prescribed by the financial department. Where the provisions of relevant documents in the past are inconsistent with this notice, the provisions of this notice shall prevail.
　　Five, after the cancellation of the above fees, the relevant departments and units in accordance with laws, administrative regulations and the provisions of the State Council to perform the functions of administrative examination and approval or the issuance of licenses required funds, by the financial department at the same level through the departmental budget or approved by the financial department charged channels to be guaranteed. The financial departments at all levels shall ensure that the relevant departments and units shall perform the expenses required for administrative examination and approval according to law.
　　Six, all regions and relevant departments should be strictly in accordance with the provisions of this notice and the development and reform price [2004] No.1196 document, conscientiously implement the announced cancellation of fees and charges, and before the end of January 2005, the region, the department to implement the cancellation of fees and charges, the amount involved and other reports to the Ministry of Finance, the National Development and Reform Commission for the record.

　　CC: General Office of the State Council, offices of the Financial Ombudsman of the Ministry of Finance in all provinces, autonomous regions, municipalities directly under the Central Government and cities under separate state planning.

　　Today viewpoint

　　In the autumn of 2017, the cigar-shaped Oumuamua broke into the solar system and became the first interstellar visitor discovered and confirmed by scientists, which caused a lot of noise and turmoil in the scientific community. Although it is still unknown whether it is an asteroid, a comet or an alien spacecraft, American scientists have recently said that "flying immortals from outer space" like Omo Mo may not be special, and the elements of life on earth may originate from other star systems, which arrived on Earth by hitchhiking with interstellar visitors like Omo Mo Mo.

　　But at present, these are only assumptions. We need to "catch" more celestial bodies similar to Omo Mo for in-depth research with the help of large telescopes in the future to get the final answer.

　　"Omo Mo" is not special

　　The researchers said that "Omo Mo" is the first confirmed interstellar object we have observed in the solar system, but this does not mean that it is the first interstellar object to reach the solar system in history.

　　"We think, like ‘ Omo Mo ’ Such an object … … At any time, there will be one at a distance of one astronomical unit from the sun (the average distance between the earth and the sun is about 150 million kilometers). " At the "Breakthrough Discuss" conference held at the University of California, Berkeley last month, Bill Porter, head of the Department of Space Studies at the Southwest Research Institute in Colorado, said, "This actually has a very meaningful impact, similar to ‘ Omo Mo ’ Objects may bring life from one celestial body to another. "

　　This idea is called "panspermia)— — The theory put forward by scientists in the 1970s that life on earth came from space. At that time, the British physicist Lord kelvin believed that alien bacteria could reach the earth by comet or meteor and thrive on the earth; Other scientists believe that microorganisms can be embedded in dust particles and pass through galaxies, and they run from one planetary system to another through slight stellar radiation pressure.

　　Can provide heat insulation and radiation protection for microorganisms.

　　At present, the exact size of Omo Momo is still unknown, but researchers believe that its longest size is no more than 800 meters. The object will show "non-gravitational acceleration" when it is far away from the sun, which makes people speculate that "Omo Mo" may be some kind of alien spacecraft.

　　But the more common view is that the "intruder" of this solar system is very cold, and its strange movement is caused by the exhaust gas similar to a comet. When the comet approaches the sun, the ice on it will sublimate directly from solid to gas, forming a huge comet head and a long comet tail. When these gases are released, astronomers can use telescopes to study and determine their composition.

　　Karen Mitch, an astrobiologist at the Institute of Astronomy, University of Hawaii, said: "This tells us that ice can be preserved after such a long journey." Previous studies on comets and other small celestial bodies in our solar system show that objects like Omo have good heat insulation and radiation protection functions, which is good news for any microorganism that may "hitchhike". "Living organic matter can be found in ‘ Omo Mo ’ The interior is well protected. "

　　Astronomers have not found the star system that gave birth to Omo, so we don’t know how long ago Omo was ejected into the dark and cold interstellar dust. But Mickey said that it may have traveled through interstellar space for 10 million years or more.

　　Looking for the next interstellar object to study.

　　Of course, it is still unclear whether any hypothetical creature on Omo will survive the collision with the earth. Mickey said that this icy object hit us at a speed of 215,000 km/h relative to our planet. "This is a very high impact speed."

　　In this regard, Stern Sigurdsson, a professor in the Department of Astronomy and Astrophysics at Pennsylvania State University, said in another speech at the "Breakthrough Discussion" conference that "Omo Mo" and its "passengers" may be quite soft, so after hitting the earth, they may land relatively gently and disperse when they break into our atmosphere.

　　Sigurdsson said that the previous work of Ivey Laueber, director of the astronomy department of Harvard University, and others, as well as his own calculations show that in the nearly 4.6 billion years of history of our planet, about 100 celestial bodies like Omo have hit the earth. "So, we don’t know whether there is a biota inside one of these celestial bodies."

　　Laueber added that we don’t know where Omo is now. "Therefore, it is more meaningful to find the next interstellar object." The powerful large-scale weather measuring telescope (SST) is scheduled to take off from Chile next year and begin to observe the sky. When it runs "full of blood", it may find an interstellar object every month for our study.

　　In addition, scientists suggest that it is also possible that life reached the earth only a short distance long ago. Earthlike planets in our solar system exchange rocks quite regularly, as evidenced by the increasing number of Martian meteorites on earth. In fact, some researchers believe that life on earth may have started on the red planet, and a Martian stone reached the earth in a strong impact.

　　Of course, all this is just a hypothesis, and more scientific evidence is needed to reveal one of the ultimate puzzles of mankind — — Where we come from.

　　(Science and Technology Daily, Beijing, May 8 th)

　　In fact, this "artificial jellyfish silk" is not a seafood at all. Its raw materials are three food additives: sodium alginate, ammonium aluminum sulfate (commonly known as alum) and anhydrous calcium chloride.

　　Jellyfish silk has also been faked! Yesterday, the media in Hangzhou revealed that Huzhou police seized a large number of fake jellyfish silk in the local farmers’ market according to the report, and then traced it to a ton of fake jellyfish silk. The so-called "jellyfish silk" was all artificially synthesized with chemical raw materials. And the source of this fake jellyfish silk is actually in Changzhou.

　　The Yangzi Evening News reporter contacted Changzhou police to confirm that it was true. An Anhui couple hired a coolie in Changzhou and rented a private house in Zouqu, Changzhou as a small workshop to produce and process this fake jellyfish silk.

　　Yangzi Evening News All-Media Reporter Zhang Bin

　　False jellyfish silk exposure

　　After the information of "Fake jellyfish silk" is released, frightened friends may need a dish of real jellyfish silk to suppress the shock, so it is necessary to popularize science here — —

　　How to tell true from false jellyfish silk?

　　false

　　Jellyfish silk:

　　It’s transparent, tasteless and tough, and it’s not easy to break by pulling it gently with your hands. If you take it out of the water and put it for a while, it will be as soft as scotch tape.

　　real

　　Jellyfish silk:

　　It looks white and yellow, and smells fishy. High-quality jellyfish silk is white or light yellow, with color and no erythema and sediment. Spread out jellyfish silk, the bigger, the whiter and the thinner the better. The meat is crisp, not hard, not broken, crunchy and chewy.

　　The case is full of ups and downs

　　Media exposure:

　　Huzhou seized "artificial jellyfish silk"

　　The suspect confessed that he was learning from Changzhou’s "master".

　　On May 7th, Hangzhou media published a case that Huzhou police cracked the sale of fake jellyfish silk.

　　According to the media report, "three suspects, including Yuan Mou, illegally produced and sold fake jellyfish in the farmer’s market in Shangcheng Road, Zhili Town, Huzhou for almost a year!" In late April this year, the Food and Drug Ring Detachment of Huzhou Public Security Bureau received such a report. Huzhou police immediately joined forces with the Market Supervision Bureau to enforce the law. On April 22nd, they seized more than 300 kilograms of "artificial jellyfish silk" on the spot.

　　After investigation, since June, 2015, Yuan and others, knowing that the artificial jellyfish silk did not meet the food safety standards, still used sodium alginate, anhydrous calcium chloride, ammonium aluminum sulfate and other raw materials to make artificial jellyfish silk, and sold it in the frozen food store operated by Shangcheng Road Farmers’ Market in Zhili Town, making an illegal profit of more than 70,000 yuan.

　　According to Yuan, he also knows that this fake jellyfish silk is harmful, but the wholesale price of jellyfish in the past two years is generally 30-50 kg, and the breeding period is about 40 days. The cost of fake jellyfish is nearly half lower than that of cultured jellyfish, and it sells well and the production cycle is not long, so they will take risks for almost a year.

　　He also said that his craft was learned from the "master" in Changzhou, and the raw materials were also imported from the "master".

　　Therefore, Huzhou police rushed to Changzhou, and on the afternoon of April 29, they arrested Jia, the "master" Yuan said, and his accomplices Sun and Ma. And seized 1 ton of finished and semi-finished products of "artificial jellyfish silk" at the scene! After investigation, Jia and other three people have produced more than 10 tons of fake jellyfish in the past year, making an illegal profit of more than 100,000 yuan.

　　Jia confessed that people from many places came here to study art and purchase goods.

　　Reporter connection:

　　Changzhou police cooperate with "one pot end"

　　The "counterfeiting den" is located in a private house in Zou District, Changzhou.

　　Yesterday afternoon, the reporter contacted Changzhou police to confirm that it did happen. According to Changzhou police, Huzhou police, together with law enforcement officers from the local market supervision department, came to Changzhou. After knowing the specific location of the fake dens, they asked Changzhou police to cooperate with them to arrest the suspects.

　　"Food cases are no small matter!" After receiving the instruction, the Public Security Bureau of Zhonglou attached great importance to it, and immediately arranged nearly 20 police officers to cooperate with the arrest. Everyone Qi Xin worked together to arrest the suspects Jia Mou, Sun Mou and Ma Mou in a private house in Qianjia Village, Zouqu Village Committee, Zouqu Town, Zhonglou District.

　　A police officer involved in the arrest told reporters that they were also surprised when they saw the scene! Houses have become private workshops filled with plastic buckets of all sizes. Three people are producing and processing "fake jellyfish silk" in the workshop. Law enforcement officers in Huzhou seized a large number of raw materials and "fake jellyfish silk" at the scene. Later, I called a truck to drag these fake tools and products back to Huzhou.

　　According to Changzhou police, the trial of the case, taking photos on the spot and obtaining evidence were all conducted by Huzhou police and law enforcement officers of the local market supervision department. Changzhou police mainly cooperate with the arrest work and are not very clear about the specific circumstances of the case. However, Changzhou police learned that the three suspects were all from Anhui, two of them were husband and wife, and the other was a coolie hired by the husband and wife. The couple are doing business in Changzhou, but the Huzhou police are still investigating where the "fake jellyfish silk" flows.

　　Changzhou police said that there may be some action in the later stage of the case, and Changzhou police will pay close attention to the case dynamics.

　　Fake jellyfish silk is very harmful.

　　Long-term consumption will lead to malnutrition, neurasthenia, and even stupidity.

　　Long-term consumption of "artificial jellyfish silk" is extremely harmful. Sodium alginate is a good thickener and a safe food additive in "artificial jellyfish silk". However, additives are additives after all, and it is somewhat inappropriate to eat additives as food. The reporter checked the relevant information and found that sodium alginate contains more cellulose. Although cellulose has certain benefits to the human body, eating too much will affect the absorption of nutrients. It will also adsorb minerals such as iron, calcium, magnesium and zinc existing in other foods in the intestines, so that these nutrients can not be absorbed by the human body, so eating more can cause malnutrition and other symptoms due to lack of various minerals.

　　In addition, another raw material in "artificial jellyfish silk" is alum. This material has a high content of aluminum, which will affect the absorption of calcium, iron and other minerals by the human body for a long time, leading to osteoporosis, anemia and so on. In addition, long-term intake of aluminum can affect or even destroy the human nervous system, which significantly increases the incidence of neurasthenia and even makes people susceptible to Alzheimer’s disease, that is, senile dementia. After testing, the aluminum content in the "artificial jellyfish silk" made by Jia and others exceeded the standard seriously, reaching 600-800mg. Long-term consumption is extremely harmful. (According to Urban Express)

　　Bitcoin’s "madness" in this round has been somewhat lasting.

　　On January 5, according to the data of Huobi.com, a domestic bitcoin trading platform, at 1: 10 am, the price of bitcoin broke through the historical high of 8,000 yuan three years ago, setting a historical record. As of 8: 45 on January 5, the highest price of bitcoin reached 8650 yuan, and the price increased by more than 260% within one year.

　　The British "Guardian" said that market analysts believe that the main driving force for this round of bitcoin price surge is in China — — In 2016, the RMB depreciated by nearly 7%, the worst performance in 20 years, which triggered a huge demand for Bitcoin.

　　The historical highest price of Bitcoin was 8,000 yuan on November 19th, 2013. A month ago, the price of Bitcoin was still hovering around 1000 yuan, and it tripled in a short time. However, this price fell after less than 1 minute, and then it bottomed out all the way, reaching a minimum of 933 yuan.

　　Compared with that rise, Bitcoin rose slightly steadily this time, from 2,351 yuan in early 2016 to 8,000 yuan in early 2017.

　　Zhu Jiawei, COO of Huobi.com, said that this round of 8,000 yuan market is very different from that in 2013: First of all, the current bitcoin transaction volume is not the same as that of that year. When the highest price of Huobi was 8,000 yuan in 2013, the weekly transaction volume was 393,000 bitcoins, with a weekly amplitude of 103%, which was very small and was greatly affected by funds; Now, when the price of bitcoin breaks 8,000 yuan, the transaction volume in the four days after Huobi Net Festival is 7.35 million bitcoins, which is 37 times of that year’s transaction volume. The price amplitude in the four days after New Year’s Day in 2017 is 15.95%, which is much more stable than that year.

　　In addition, Zhu Jiawei believes that after the application of Bitcoin is promoted, the price tends to be stable. Although Bitcoin rose by 260% from 2016 to 2017, it won the top spot among many investment varieties. However, in the whole year of 2016, according to the data of Huobi. com, the daily price of Bitcoin rose and fell by 10% or more in less than five days, while in 2013, the daily price rose and fell by about 10%.

　　For Bitcoin entering the bull market in the past year, Zhu Jiawei analyzed the reasons: First, the underlying technology blockchain of Bitcoin has been recognized by major banks and financial institutions around the world; Secondly, in early 2016, the central bank held a digital currency seminar to start studying digital currency and blockchain technology; This year, domestic mainstream investment products, including stock market, property market, gold, etc., performed poorly on the whole, while bitcoin rose very well, and funds turned to bitcoin investment channels; Bitcoin halved its output for the second time in July 2016, which also promoted market sentiment fluctuations and pushed up prices.

　　Xu Mingxing, founder and CEO of OKCoin, another bitcoin trading platform in China, analyzed this wave of gains: "According to the laws of the trading market, investment products will rise if they follow a long decline, and will fall if they rise for a long time. Judging from the cycle of Bitcoin, this price increase is a long-term cumulative result after the price peak in 2013. But it is investors’ confidence in Bitcoin that affects the price of Bitcoin for a long time. "

　　The US "Wall Street Journal" reported in May last year that some analysts said that the rise of Bitcoin was mainly driven by the demand in China market brought about by the recent RMB depreciation, and the two major bitcoin trading platforms in China — — Huobi and OKCoin— — At present, it constitutes about 92% of the total global bitcoin transactions.

　　Just as the speculators were ecstatic, the Financial Times "poured a pot of cold water", saying that the value of Bitcoin was zero.

　　"A trading intermediary is always ups and downs, then it is a useless currency. In fact, Bitcoin has all the characteristics of pyramid scams. It requires that believers continue to enter the market to push up prices, and this is based on the promise that more believers will join in the future, so the value of Bitcoin will be the same as that of all pyramid scams. Zero. " The Financial Times reported on January 4th that.

　　In China, bitcoin as a currency has never been recognized by the regulatory authorities. Five ministries and commissions, including the central bank, said in the Notice on Preventing Bitcoin Risks issued in December 2013 that although Bitcoin is called "currency", it is not a real currency because it is not issued by the monetary authorities, and it does not have monetary attributes such as legal compensation and compulsion. In nature, bitcoin should be a specific virtual commodity, which does not have the same legal status as currency, and cannot and should not be used as currency in the market.

On March 23, 2023, Du Zhaocai attended the annual work conference of key cities of national football development.

According to the website of the State Commission for Discipline Inspection of the Central Commission for Discipline Inspection on April 1, Du Zhaocai, a member of the Party Group and Deputy Director of the State Sports General Administration, is suspected of serious violation of the law and is currently undergoing disciplinary review and supervision investigation by the State Commission for Discipline Inspection. Du Zhaocai is currently the party secretary and vice-chairman of China Football Association, and he is also the highest-ranking official in the anti-corruption storm in football.

Du zhaocai.

Nine people were dismissed, and Du Zhaocai was the highest-ranking official.

According to public information, in the past 141 days, nine related persons of China Football Association have been investigated. As early as November 26, 2022, former China men’s football coach Li Tie was suspected of violating the law; With the final of the FA Cup, the last event of China football in the 2022 season, ending in mid-January 2023, the anti-corruption storm once again set off a climax.

On January 19, 2023, Liu Yi, former secretary general of China Football Association, accepted the supervision and investigation, and Chen Yongliang, executive deputy secretary general of China Football Association and Minister of State Administration, accepted the review and investigation; On February 14th, China Football Association President Chen Xiaoyuan was investigated.

At the "Ministerial Channel" of the National People’s Congress this year, Gao Zhidan, director of the State Sports General Administration, said in response to questions related to the "three big balls" that, realistically speaking, for a long time, the development of the three big balls in China, especially the men’s events, was not satisfactory, the level of men’s football dropped all the way, and there were many chaos in the football industry, which formed a strong contrast with the requirements and expectations of the CPC Central Committee and the people of the whole country.

Gao Zhidan said, we should focus on the outstanding problems in the current "Three Balls" work, such as lack of spirit, lack of righteousness, and weak style of work, and persist in changing our style of work, strengthening our responsibility, and grasping implementation. Resolutely crack down and severely punish corruption and fake gambling in football and other fields, correct the wind and discipline, be strict in discipline, improve the system, strengthen the rules, and comprehensively repair and reconstruct the good ecology of the healthy and sustainable development of the’ three big balls’.

On March 27th, The Politburo Standing Committee (PSC) of the CPC and Li Xi, leader of the Central Inspection Work Leading Group, attended the National Inspection Work Conference and the first round of the 20th Central Inspection Mobilization Deployment Meeting and delivered speeches. Li Xi stressed that to carry out the mobile patrol of the State Sports General Administration, we should focus on fulfilling the party’s leadership functions and responsibilities, implementing the major decision-making arrangements for building a sports power, and thoroughly find out and promote the solution of corruption and deep-seated institutional mechanisms in the sports field, especially in the football field, so as to provide a strong guarantee for building a sports power.

Du zhaocai.

After the two sessions, football anti-corruption refreshed the official level record.

On March 24th, Wang Xiaoping, director of the Commission for Discipline Inspection of China Football Association, and Huang Song, minister of competition department, were suspected of serious violation of discipline and law, and were investigated. On March 29th, Yu Hongchen, former vice chairman of China Football Association, was investigated, and Dong Zheng, former general manager of Super League Company, was investigated. It is worth mentioning that, as the chairman of the current IAAF, Yu Hongchen was a bureau-level cadre, and at that time he was already the first bureau-level cadre to fall in the anti-corruption storm in football. ?

Du Zhaocai, as the deputy director of the General Administration, is a deputy ministerial-level cadre, which has set a new record for football anti-corruption officials. In fact, the anti-corruption storm in football started at the end of 2009, and the highest-level officials such as Xie Yalong and Nan Yong were also limited to the bureau level. This time, the deputy ministerial-level cadres were dismissed, and their ranks were also the highest among the officials who were dismissed in previous football anti-corruption storms.

According to public information, Du Zhaocai, 63, who is currently the deputy director of the State Sports General Administration and the party secretary and vice chairman of the China Football Association, once served as a director of the FIFA Council, chairman of the AFC Referee Committee, executive chairman of the China Organizing Committee of the 2023 AFC Asian Cup and chairman of the East Asian Football Association.

Du Zhaocai’s personal work experience began to intersect with football in 2017-from June 2017, Du Zhaocai was appointed as the assistant director of the State Sports General Administration and the party secretary of the China Football Association by the director of the Tianguan Center; In October 2018, he was promoted to deputy director of the General Administration, responsible for football-related work; In 2019, he served as vice chairman of China Football Association and director of FIFA Council. In April last year, Du Zhaocai was elected as the new president of the East Asian Football Association (from 2022 to 2026). At the beginning of this year, Du Zhaocai failed to run for FIFA director, and he ranked last among the seven candidates.

According to official website, the State Sports General Administration, Du Zhaocai is responsible for football-related work, docking the inter-ministerial joint meeting of FIFA, AFC and the State Council football reform and development, and is responsible for the training and participation of national football teams at all levels, as well as the bidding and preparation of various events held in China, as well as youth football and mass football; Be responsible for the training and competition of track and field, swimming, synchronized swimming, diving and other summer events, and the preparation of various events held in China; And other work assigned by the main responsible comrades. Instruct the Football Association and contact the Football Development Foundation; In charge of track and field center and swimming center, guiding the work of track and field association.

Du zhaocai.

He has repeatedly denounced football corruption in public.

According to the Nanfang Daily, Du Zhaocai has repeatedly denounced football corruption in public-at the National Conference on Competition Discipline and Anti-Doping Work in the Football Industry held in August 2022, Du Zhaocai emphasized that the competition discipline and anti-doping problems, especially the problem of "fake gambling on the black", are the concentrated expression of unhealthy trends in the football industry and a cancer that affects the healthy development of the football industry.

"The vast number of football practitioners should fully understand the special significance of competition discipline and anti-doping work to football work, thoroughly investigate and analyze the problems, take resolute and effective measures to promote competition discipline and anti-doping work, crack down on the rising trend of’ fake gambling on black’ in football field with zero tolerance, create a clean and healthy football style, and promote the healthy development of football in China." Du Zhaocai said.

Just about half a month ago, the Chinese Football Association held a meeting of all cadres. At the meeting, Du Zhaocai said that in the face of the outstanding problems in the current football industry, we must have the courage to face the problems directly.

"Deeply learn from the lessons of a series of recent corruption cases, learn from mistakes, learn from cases, promote reform by cases, find out the reasons, plug loopholes, improve systems and mechanisms, be brave in taking responsibility and fighting, manage and solve ideological problems such as bad tendencies and negative slack in the association, strengthen confidence, make full efforts, change style, break through difficulties, get back on its feet, and strive to open up a new football in China.

According to the official website of the Football Association, on March 23rd, the annual work conference of key cities for national football development was held in the National Football Training Base (Xianghe). Du Zhaocai attended the meeting and delivered a speech.

After Du Zhaocai’s fall, only two vice-chairmen of the Football Association remained in operation.

There are only two vice presidents left in the Football Association to keep running.

According to Beijing Youth Daily, Du Zhaocai’s last public appearance in China Football Association was on the afternoon of March 24th. On the morning of the same day, the news that Huang Song, director of the Competition Department of China Football Association, and Wang Xiaoping, director of the Disciplinary Committee of the Association, were taken away for investigation on suspicion of violating discipline and law was confirmed by official channels.

On the afternoon of the same day, the China Football Association made a briefing on the situation of these two people internally, and at the same time took this opportunity to give a warning education to all middle-level cadres of the Football Association again. The form was the same as that of the anti-corruption warning meeting held after the original China Football Association President Chen Yuyuan, former Secretary-General Liu Yi and Executive Deputy Secretary-General Chen Yongliang were taken away for investigation.

It is worth noting that Du Zhaocai never appeared in the office of the Football Association after attending the anti-corruption warning meeting of the Football Association and speaking at the meeting. This week, Gao Zhidan, director of the General Administration of Sports, and his party went to Liaoning for investigation, and Du Zhaocai was not among them.

After Chen Xiaoyuan and Liu Yi were investigated, the daily work of the Football Association was always presided over by Du Zhaocai. Now, under the investigation of Du Zhaocai, there are only two vice-chairmen in charge of specific business, Gao Hongbo and Sun Wen, secretary of the Discipline Inspection Commission Yan Zhanhe and deputy secretary-general David He, in China Football Association.

Who will be responsible for the daily work next remains to be determined. Therefore, the outside world is also worried that whether the new season Super League can start on April 15th as scheduled will be marked with a big question mark.