Recently, many members of the public claimed that

There are new rules for 2019 driver’s license

It involves the automatic downgrade of driver’s license!

A1 becomes A2, C1 becomes waste paper.

Various micro-signals

It’s all true.

Is it true?/You don’t say.

These articles say

There are four situations in which a driver’s license will be automatically downgraded.

↓↓

The first one is the holder of A-class and B-class driver’s license, and there has been a major accident that bears the main responsibility;

The second behavior is that the holder of A-class and B-class driver’s license is deducted 12 points within one cycle;

The third is that the holders of Class A and Class B driver’s licenses have not participated in the annual inspection for three consecutive scoring cycles;

The fourth is that after the owner reaches the age of 60, the vehicle management office will automatically reduce the driver’s license to C1 driver’s license.

What is the truth?

Come and see!

There are indeed provisions for cancellation and demotion of driver’s license.

But it is not a new rule.

The specific regulations are also different from rumors.

In September 2012, the Ministry of Public Security promulgated Order No.123 of the Ministry of Public Security, in which Article 68 stipulates that drivers with driver’s licenses for large buses, tractors, city buses, medium-sized buses and large trucks shall be disqualified from driving with the highest permitted driving type under any of the following three circumstances:

(a) a traffic accident caused death, bear the same responsibility, does not constitute a crime;

(2) Having scored 12 points in a scoring cycle;

(3) Failing to participate in the examination for three consecutive scoring cycles.

This regulation has been implemented since January 1, 2013, and has been implemented for 6 years. It is not a new regulation! It has been revised to article 78 of Decree No.139 of the Ministry of Public Security.

As for the rules of demotion,

It’s not what the internet says.

Rumor has it that the first situation of driver’s license downgrade is that the holders of Class A and Class B driver’s licenses have a major accident for which they are mainly responsible. As a matter of fact, the holders of A-class and B-class driver’s licenses have a traffic accident that causes death and bears the same or more responsibilities, and do not constitute a crime, only then can they meet the conditions of cancellation and demotion.

The rumored third demotion situation is that the holders of Class A and Class B driver’s licenses have not participated in the annual inspection for three consecutive scoring cycles. In fact, when the holders of Class A and Class B driver’s licenses do not violate the rules in a scoring cycle, this scoring cycle can be exempted from verification. Therefore, three consecutive scoring cycles are not verified, which means that three consecutive scoring cycles need to be verified and have not been verified.

The demotion is not a level-by-level demotion. If the driver’s highest permitted driving type is A1, then the large and medium-sized vans that are permitted to drive after demotion will become A3, B1 and B2. If the driver’s maximum permitted driving type is A1 and A2, the large and medium-sized vans that are permitted to drive after demotion will become A2 and A3…… … as follows:

C1 driver’s license will not become waste paper after being scored 12 points, but it needs to take full mark study and subject 1 exam.

In addition, Order No.139 of the Ministry of Public Security, which came into effect on April 1, 2016, stipulates that drivers who have been demoted should go through the formalities of cancellation, demotion and replacement within 30 days after receiving the notice. If they fail to do so within the time limit, their driving qualification for the highest permitted driving type will be declared invalid. It is not an "automatic downgrade" of network transmission.

As for the fourth point of net transmission,

After the owner reaches the age of 60, the C1 driver’s license will be downgraded.

Actually, it’s like this

According to Decree No.139 implemented by the Ministry of Public Security in 2016, the original 60-year-old driver’s "Physical Condition Certificate" submitted after each scoring cycle was changed to 70 years old from April 1 of that year.

In addition, drivers over 60 years old are not allowed to drive large buses, tractors, city buses, medium-sized buses, large trucks, trolleybuses and trams;

People over 70 years old are not allowed to drive low-speed trucks, three-wheeled vehicles, ordinary three-wheeled motorcycles, ordinary two-wheeled motorcycles and wheeled self-propelled vehicles.

Drivers should go to the vehicle management office to get the corresponding driver’s license, but it will not be automatically downgraded.

Rumors about traffic regulations

It seems that every year, there is something new.

Will appear every once in a while.

Misunderstanding of the new regulations or even false news.

Netizens must not spread rumors.

With or without new rules.

The principle of paying attention to safety in driving is unchanged.

Dear internship, junior, intermediate and advanced drivers.

Ten million rules, safety first.

Driving without rules, two lines of tears for relatives.

Let’s give you the most complete traffic violation score table.

New and old drivers, put them away quickly!

Guess you want to see it

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Editor | Gaoming released WeChat editorial department

Information | Guangzhou Daily, Southeast Network, Yangzhou Evening News, CCTV News Weibo, Ministry of Public Security website

Please click here to look good ~

The phenomenon of sudden death has existed in human society since ancient times, and it is not a new concept in recent years. However, with the increase of social pressure and the acceleration of work rhythm, the incidence of sudden death is increasing year by year.

At the same time, the popularity of the Internet also makes us hear the news about sudden death more frequently.

What is sudden death?

The word "sudden death", as its name implies, refers to sudden and unexpected death.

Regarding the specific definition of "sudden", there are differences among professional institutions, and it is generally believed that this time period is between 1 hour and 48 hours. Take the World Health Organization (WHO) as an example, its definition of sudden death is: from symptoms to death, this process is completed within 24 hours.

Sudden death is an irreversible result, which means the end of life and cannot be redeemed. To effectively deal with sudden death, we need to understand the reasons behind it.

Life goes on because the heart keeps beating. Therefore, when the heart can’t beat effectively and can’t provide enough blood for important organs of the body, if the heart can’t beat effectively in time, sudden death may come.

According to the statistics of developed countries, about 90% cases of sudden death are cardiogenic. Of course, in addition, a small number of sudden deaths are caused by brain-derived, lung-derived, abdominal-derived, endocrine-derived and other factors.

What is the pathogenesis of sudden cardiac death?

To further subdivide sudden cardiac death, we can divide it into two categories: "coronary" and "non-coronary".

In the case of sudden cardiac death, coronary sudden death accounts for 56.78%~80%, and this phenomenon is more obvious in middle-aged and elderly people, and the main culprit behind it is coronary heart disease.

For those patients with a history of coronary heart disease, the risk of sudden death is four times that of ordinary people. In-depth exploration, we will find that 3/4 of sudden cardiac death is inextricably linked with coronary heart disease.

The formation of coronary heart disease is closely related to a series of bad health conditions and living habits such as obesity, smoking and three highs.

In particular, some patients’ symptoms of coronary heart disease are not obvious and are often mistaken for slight physical discomfort, but this invisible threat will greatly increase the risk of sudden death.

Although people over the age of 40 are the high-risk group of coronary heart disease, in recent years, the younger trend of this disease has become more and more obvious, and even young patients aged 25 have been reported to have coronary heart disease.

Taking snacks as dinner, drinks instead of water, lack of exercise, staying up late, endless consumption of the body, but never having a physical examination … Such a lifestyle may be quietly causing your coronary artery to fall into a crisis of blockage.

Before sudden death, the body will send out three important distress signals!

Before the critical moment of cardiac arrest comes, are there really symptoms that can be alarmed?

In fact, about 50% patients did not show any obvious symptoms before cardiac arrest. For the other half of cardiac arrest patients, they may experience some specific physical reactions or symptoms during the period from a few days to several hours before the sudden death. Although these signs are not absolute, they deserve our attention and vigilance.

Signal 1: Persistent chest pain or discomfort.

Chest pain is one of the most common symptoms of heart disease and an important warning signal before sudden death. This kind of chest pain may manifest as a feeling of oppression, tightness or dullness, and sometimes it may radiate to the left arm, neck, chin or back.

Persistent chest pain indicates that there may be coronary artery obstruction, leading to myocardial ischemia. At this time, all activities should be stopped immediately, and emergency calls should be made to strive for golden treatment time. Remember, time is life, and every minute of delay may increase irreversible damage.

Signal 2: Extreme fatigue and dyspnea

Extreme fatigue and unexplained dyspnea are also common signs before sudden death. If you feel extremely tired recently, even if you have enough rest, you can’t relieve it. At the same time, accompanied by slight physical activity, you will have difficulty breathing, which may be caused by the decline of heart function and the inability of your body to obtain oxygen effectively.

Extreme fatigue and breathing difficulties are the body telling you that the heart may be under heavy burden and unable to pump blood effectively. In this case, medical help should be sought immediately and relevant examinations should be carried out in order to detect and intervene potential heart problems at an early stage.

Signal 3: Arrhythmia and syncope

Arrhythmia, that is, the heartbeat is too fast, too slow or irregular, is also an important signal before sudden death. If you often feel flustered, palpitations, or sudden syncope, this may be an abnormal performance of cardiac electrical activity, which needs great attention.

Arrhythmia may cause the heart to fail to pump blood effectively, and in severe cases, it may cause syncope or even sudden death. If you or someone around you has symptoms of arrhythmia, you should immediately stop any activity and take a sitting or lying position to avoid falling. At the same time, you should see a doctor as soon as possible and have an ECG check for accurate diagnosis and treatment.

Although sudden death is threatening, not all of them are untraceable. Understanding and recognizing the distress signal of the body is the key to prevent sudden death. It is strongly recommended that once any one or more of the above symptoms appear, do not hesitate to seek medical treatment immediately.

Original title: "Emergency doctors remind: Before sudden death, the body will send out three important distress signals! 》

Read the original text

According to the website of the Ministry of Commerce, on October 10th, a spokesman of the Ministry of Commerce answered a reporter’s question about the US Department of Commerce upgrading its export control to China in the fields of semiconductors and adjusting its "unverified list" of export control.

A reporter asked: Recently, the US Department of Commerce upgraded its export control measures to China in the fields of semiconductor manufacturing and advanced computing. At the same time, in the process of removing 9 China entities from the "unverified list", 31 China entities were added. What is China’s response to this?

A: China has noticed the relevant situation. First of all, through the joint efforts of China and the United States in the previous stage, nine China entities were finally removed from the "unverified list", which was welcomed by Chinese and American enterprises. This shows that as long as the two sides adhere to the principle of frank cooperation and mutual benefit, they can find solutions that are beneficial to both enterprises.

At the same time, however, the United States added 31 China entities to the "unverified list" and further upgraded export control measures in the fields of semiconductors. This is a typical technological bullying practice, which not only violates the spirit of cooperation between the two sides and ignores the facts of cooperation between the two sides, but also seriously hinders the normal economic and trade exchanges between Chinese and American enterprises, seriously undermines market rules and international economic and trade order, and seriously threatens the stability of the global industrial chain supply chain. China firmly opposes this.

The US approach not only affects the legitimate rights and interests of China enterprises, but also harms the legitimate commercial interests of American export enterprises. The United States should immediately stop its wrong practices and give fair treatment to enterprises from all countries, including China enterprises. China calls on all parties to strengthen cooperation and jointly build a safe, stable, smooth, efficient, open, inclusive and mutually beneficial global industrial chain supply chain system.

"525" is the homonym of "I love me", reminding everyone to "cherish life and care for themselves". To this end, from May 25th to June 25th, various departments of our city jointly launched the theme activity of "Sunshine Escort, Enjoy the Soul". Through a series of publicity and the promotion of the 96525 psychological assistance hotline, we called on everyone to be kind to themselves and care for themselves, so as to further enhance the public’s psychological quality and promote the harmonious development of physical and mental health.

From more than 100 calls a year to thousands.

Increase in demand

It is understood that in 2020, the Provincial Health and Wellness Committee applied to the provincial communication management department for a short number of 96525, and in that year, it was determined to be the psychological assistance hotline of Zhejiang Province. Wenzhou City opened this hotline for the first time, and the hotline answering work relied on the professional strength of the Seventh People’s Hospital of the city.

In fact, the Seventh People’s Hospital of the city has a long history of psychological assistance hotline work and has rich experience. As early as 2005, the hospital opened the first psychological assistance hotline 0577-88434567, and also opened the QQ online psychological assistance group. At that time, the service team was already very professional, consisting of psychiatrists and psychological counselors. However, there are not many consultation calls, only one or two every day.

Later, with the increasing demand for public psychological services, coupled with the integration of the 12355 youth psychological special line set up by Wenzhou Communist Youth League Committee, the number of psychological assistance hotlines increased significantly. The hospital also made full use of the social platform and added the WeChat psychological assistance "Wen Qi Yi Talk Channel", which was well received.

In 2017, in order to standardize all kinds of psychological assistance hotlines in our city, the hospital integrated some free psychological assistance hotlines in our city into 12320, and concentrated professional talents to provide professional and high-quality psychological assistance services for the people in the city.

"The number of psychological assistance hotlines has increased from more than 100 per year to thousands today." Huang Guoyong, secretary of the Party Committee of the Seventh People’s Hospital, said that since the opening of the city’s unified psychological assistance hotline 96525 in 2020, up to now, a total of 14,538 psychological counseling calls have been received. Since the beginning of this year, a total of 1629 calls for psychological counseling have been received. Judging from the problem of telephone consultation, the emotional problem of minors under the age of 18 ranks first, accounting for 25%; Followed by emotional problems of adults, accounting for 11%. In the process of consultation, the problems of 15 callers with high-risk situations such as depression and suicidal ideation were successfully solved.

"In recent years, the number of telephone consultations has increased, reflecting the public’s greater demand for professional psychological counseling." Huang Guoyong said that these psychological problems mostly come from work, family, school and so on. Due to the great pressure of life and work, modern people will have some minor psychological problems more or less. If they can get benign guidance, they will easily return to normal.

From student problems to various crisis events.

Expand the scope of consultation

May 25th is "National Mental Health Day for College and Middle School Students". From this perspective, the original 96525 was more of a "special line" for students. However, in the past two years, with the increase of public awareness of 96525, the caller group has already expanded from students to all ages and occupations, and the consultation questions are also varied, and there are even high-risk situations.

Recently, a young mother called to tell her anxiety. It turned out that her child had otitis media, and the elders at home took the child to the hospital to see a doctor. She is worried that they will be infected with other diseases during the treatment, and then infect themselves, so they are in anxiety every day and even affect their sleep. She will continue to wash her hands and take her temperature. But in fact, her family has been in the hospital for more than half a month, and there are no symptoms of discomfort. At this time, she feels that there is something wrong with her excessive worry and she almost collapses. After the normalization and positive explanation of the counselor, the counselor relaxed a lot, and she accepted her state more.

Huang Guoyong said that 96525 received calls from graduate students asking how to deal with the relationship with their tutors, parents asking how to educate adolescent children about sex, middle and high school students seeking ways to relieve anxiety before exams, and middle-aged men trying to relieve the pressure brought by family and work. "The psychological assistance hotline has a clear functional orientation, which is the first-level prevention of the crisis. Of course, everyone has a different understanding of the crisis. As long as you feel that something has an impact on you and it will get worse if you don’t solve it, then this is a crisis. At this time, you can call the psychological assistance hotline. " He said that even some people who have not encountered practical problems but just want some advice and suggestions can seek help from the hotline service. In a word, the function of the psychological assistance hotline is to help counselors to relieve emotional stress, learn to face reality and restore their sense of control over life.

From tinkering around the edges to becoming stronger and bigger.

Building a high-quality "lifeline"

The 96525 psychological assistance hotline is online 24 hours a day, providing free consultation and counseling services around the clock.

"Offline clinics are’ visible and tangible’, which can be comprehensively judged and evaluated by the patient’s face-to-face, speech, body posture and other aspects; On the online, you can only communicate through voice. This requires psychological counselors and psychotherapists who answer calls, and can use professional knowledge to quickly judge and solve problems. The team behind this phone line is quite strong. " Huang Guoyong compared the 96525 psychological assistance hotline to a "mental emergency room". Once it encounters a high-risk situation, it is a "lifeline".

Huang Guoyong said that next, we will continue to strengthen team building and train professional talents. Constantly improve the professionalism, professional ability and service awareness of the operator team, and help the consultants to stabilize their emotions, find out the reasons, provide psychological support and guidance, and find themselves through reflective listening. Establish a dynamic updating mechanism of knowledge base information, and equip professionals to improve service quality and professional quality, and realize the "quantity and quality" Shuang Sheng for mental health talents.

Pan Jianfen, deputy director of the Department of Disease Prevention and Control and Occupational Health of the Municipal Health and Health Commission, said that since the beginning of this year, the city has accelerated the integration of various psychological service hotlines, and achieved "mental health number one" through withdrawal and merger. For example, the youth rights hotline 12355, the women’s Federation rights hotline and the family education hotline all realize two-way transfer with 96525, and the 12345 and 96525 run in parallel, and the special psychological service is accepted by 96525. Citizens can get free professional mental health consultation service anytime and anywhere by dialing 96525.

Pan Jianfen said that next, the city’s psychological assistance hotline management center will be upgraded by relying on the 96525 hotline, and feedback information from psychological assistance hotlines, official portals, WeChat WeChat official account, offline self-service terminals, offline venues and other mental health service portals will be gathered, and 110 public security alarm systems and 120 medical emergency systems will be embedded to realize 24-hour free and efficient psychological emergency assistance. Make the 96525 hotline a "heart-to-heart bridge" to communicate social psychology, a "happy lock" to promote mental health, and a "hard brand" to show first-class service.

"Of course, while promoting the psychological assistance hotline, the hospital will also actively carry out diversified popular science propaganda and comprehensively carry out mental health promotion and education, such as spreading mental health knowledge through psychological lectures into the campus and community clinics, advocating a healthy lifestyle, improving mental health literacy, and cultivating a good social mentality, so that everyone can become the’ first person responsible for their mental health’." Huang Guoyong said.(Reporter Hu Ning)

　　Cctv news(Reporter Li Shaofei) Because of the state visit of the Supreme Leader of president, China, the reports on Serbia have suddenly warmed up.

　　But in fact, in China, most people know little about Serbia. Talking about this country with the "key to the Balkans", Chinese people are still more impressed by the "Yugoslavia" era, which has become a historical term.

　　In that distant but unforgettable memory, there are Tito, the leader who never bowed to power, Walter, the elusive guerrilla hero, the passionate Yugoslav football, and the vicissitudes and beautiful ancient city Belgrade … …

　　Man of iron "Tito"

Tito statue (photo by Xue Qun) Image source: Xinhua International

　　There is no doubt that Tito is the totem of modern Yugoslavia. In the special era of the two world wars, in the face of the invasion of fascism, Tito, as commander-in-chief of the People’s Army, United the divided Balkan Peninsula into a powerful whole with his super personal charm, and Yugoslavia, which was formed by the union of six republics including Serbia and Croatia, twisted into a rope and fought bravely against the invaders.

　　Tito’s legend goes beyond that. After World War II, unlike most socialist countries, Yugoslavia under his administration deliberately kept a distance from the Soviet Union and insisted on independence and non-alignment movement. Yugoslavia is the only socialist country in Europe that has not joined the Warsaw Pact, openly challenging Big Brother.

　　After successive assassinations, Tito said strongly in his letter to Stalin: Don’t send someone to kill me. We have arrested 500 people, some with bombs and some with guns … … If you still send someone to kill me, then I will send someone to Moscow, and I will definitely not send the second one.

　　In 1974, 82-year-old Tito became the lifelong president of Yugoslavia. In 1977, the communist party revolutionary was invited to visit China. Tito, who insisted on independence and was not afraid of power all his life, was warmly sought after in China.

　　In 1980, Yugoslavia’s "God-given leader" died of illness. Twelve years after Tito’s death, the Socialist Federal Republic of Yugoslavia, which was founded by this great leader, was dissolved.

　　Guerrilla hero "Walter"

　Walter Defends Sarajevo has influenced a generation in China, and Walter’s image is deeply rooted in people’s hearts. Image source: Xinhuanet

　　If Tito is a realistic hero of Yugoslavia, then Walter is a superman on the screen.

　　Walter is from the classic Yugoslav film Walter Defends Sarajevo. In the 1980s, this film was introduced into China and gained a large number of fans.

　　Walter, the hero, is brave and witty, and the heroic image of leading guerrillas to fight against German Nazi aggression is deeply rooted in the hearts of Chinese people. Walter has also become synonymous with Yugoslav nationals, so that today, more than 40 years later, the death of Bata Zivojinovic, the leading actor in the film, still arouses a flood of nostalgia in China, which shows the influence of Walter in China.

　　This reflects the popularity of Yugoslav films in China in those years. Apart from Walter Defending Sarajevo, films and TV works such as The Bridge and The Blacklist are also popular in China. It can be said that in the 1970s and 1980s, Yugoslav films were as popular in China as domestic audiences loved Hollywood blockbusters.

　　The Golden Age of Yugoslav Football

Red Star Belgrade, which won the Champions League in 1991

　　Football is another indelible impression of Yugoslavia. In the second half of the last century, Yugoslav football, with both European body and American skills, was at its peak.

　　In the first World Cup after World War II, Yugoslavia finished fifth, and in the 1962 World Cup, they reached the semi-finals. The record of the European Cup is even more brilliant. In 1960 and 1968, Yugoslavia won the runner-up twice.

　　After entering the 1980s and 1990s, Yugoslav football reached its peak. The domestic league champion Red Star Belgrade won the Champions League in 1990-91 and the Toyota Cup in 1991, and a number of talented players such as Suk, Bo Ban, savicevic and Pan Caifu were born. At that time, European giants such as Real Madrid, Barcelona and AC Milan often had Yugoslav players.

　　However, in a longer period of time, Yugoslav football is playing a sad role. Although there are many talented people, due to internal consumption and disputes, Yugoslav football at the national team level has never won the championship.

　　In 1992, the Yugoslav team, which was at its peak and had a high voice to win the championship, had to quit because of the civil war, resulting in a romantic "Danish fairy tale", which replaced Yugoslavia and won the championship in one fell swoop.

　　After the dissolution of the Yugoslav Federation, that beautiful and sad golden age also went with it. However, the glory and beauty of the past are still amazing from time to time. The words of former Bosnia and Herzegovina coach Susic are the epitome of this complex: "If it weren’t for the war, Yugoslavia might win the World Cup one day. I know that thinking like this has long been useless, but sometimes you still dream that all this can happen. "

　　The city called Belgrade.　

Belgrade　

　　As the former capital of the Federal Republic of Yugoslavia and now the capital of Serbia, Belgrade, together with Havana in Cuba and Tirana in Albania, has been regarded as the three bright lights of socialism for a long time, and Chinese people have special feelings for this historic city.

　　But sadly, due to fierce and frequent wars, this beautiful city has experienced hardships and scars. During World War II alone, it was bombed twice: in 1941, the attack by German troops paralyzed all the public service systems in this city, and the destroyed buildings included the National Library and most government agencies. At the end of the war in 1944, British and American planes bombed Beicheng under the Nazi occupation of Germany for another half year. After the end of World War II, more than one third of the houses in this city were in ruins. In 1999, this modern city was attacked by NATO again.

　　After entering the new century, this ancient city finally ushered in a relatively quiet period, and Belgrade was able to regain its glory. Today, beautiful sava river passes through the urban area, dividing Belgrade into two parts, an antique old city on one side and a new city with modern buildings on the other.

　　People can easily stroll in the Mikhail Square in the center of the city, or walk in the artistic old street of Scatania. You can also climb the ancient castle in Kalemegdan Park and look out. Here, the clear sava river pours into the long Danube, and the whole city has a panoramic view.

　　On 17th, it will welcome the distinguished guests from China and continue to write the friendship story between two legendary countries.

() 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).

　　Xu Peng correspondent Chang Yongzhen recently learned from Zaozhuang Public Security Bureau of Shandong Province that after three months of careful layout, Xuecheng Public Security Bureau destroyed criminal gangs that set up casinos in Shandong, Jiangsu, Anhui and other places, arrested 278 suspects including Zhou, destroyed 404 dens and seized 380 gambling machines, involving more than 20 million yuan. To this end, the Ministry of Public Security specially sent a congratulatory message to congratulate the bureau on successfully detecting the case of "6 19" opening a casino.

　　The time goes back to April 28th, 2018. During the daily public security management, the police of Tao Zhuang Police Station of Xuecheng Branch found that someone in a supermarket in this town used gambling machines to gamble. The police immediately inspected the supermarket and seized four gambling machines on the spot. Then the police summoned the supermarket owner Cao to the police station for investigation. During the inquiry, the keen police found that Cao was unclear about the basic situation of machine maintenance and the amount of gambling funds, and suspected that the case was otherwise hidden.

　　On May 12th, Xuecheng Branch continued to investigate Cao’s suspicion of opening a casino as a criminal case. With the unremitting efforts of the police, Cao confessed the basic facts of the case. Since April 2017, he and others have placed gambling machines and fishing machines in supermarkets operated by individuals for others to gamble, involving more than 30,000 yuan. At the same time, Cao confessed that the gambling machine in his store was placed by Anhui people, and Anhui people would regularly collect gambling money and maintain the gambling machine.

　　After investigation, Cao was an Anhui native who set up gambling outlets in many provinces. According to the idea of "information flow looking for clues, capital flow looking for evidence", the task force started with the bills involved and the flow of funds, made full use of big data resources such as public security cloud and police thousand degrees, and with the technical support of relevant business departments of Zaozhuang Public Security Bureau, strengthened in-depth analysis and judgment on the information of criminal suspects’ social activities, information communication, etc., and made comprehensive analysis of public security big data, screening and tracking at different levels, and carefully combed the network and organizational structure of the criminal gang.

　　After preliminary investigation, it was determined that the leader of the gang was Zhou Mougan, a native of Huaibei, Anhui Province, and Zhou Moushuai and Chen Mou Dong were its backbone forces. The crimes were committed in ten leeway cities such as Anhui, Shandong and Jiangsu provinces.

　　On the basis of fully grasping the suspect’s foothold, on July 17, more than 30 police officers of the task force went to Huaibei City to carry out the network-closing operation, and arrested 10 gang members such as the suspect Zhou Mogan. Shortly thereafter, the 10 action teams of the task force rushed to Yicheng, Shizhong, Shanting, Tengzhou and other districts and cities in Zaozhuang City, Suzhou City in Anhui Province, Xuzhou City in Jiangsu Province, Linyi, Jining, Heze and other surrounding cities in our province, respectively, and concentrated on the key targets that were sorted out in advance, and arrested 22 suspects.

　　On August 8, 2018, in accordance with the unified deployment of the "broken chain" action of the Ministry of Public Security, the area involved in the case carried out a centralized sweeping operation, and 38 gambling machines of various types were seized, 5 people were detained in criminal detention, 1 person was released on bail pending trial, and 7 people were administratively punished. At present, the case has arrested 278 suspects, destroyed 404 dens and seized 380 gambling machines.

　　Because the case spans many provinces and cities, involving many people, it is very difficult to investigate the case, and the Ministry of Public Security, provincial offices and municipal bureaus have given strong support in technical strength, regional coordination, judgment and analysis. Due to the seriousness of the case, Xuecheng Branch established a task force with Sun Hongwei, deputy head of Xuecheng District Government and director of the branch, as the commander, and the main responsible comrades of various police types as members. More than 130 police officers and auxiliary police officers were deployed to participate in the investigation of the project. All police types and departments firmly established the idea of "playing a game of chess", fighting joint warfare, synthetic warfare and regional coordinated warfare, and formed a concerted effort to tackle the problem.

Improve public services, help overcome poverty, lead green environmental protection and support small and medium-sized enterprises.
Multi-win situation of government procurement

In 2019, the national government procurement scale was 3,306.7 billion yuan, accounting for 10% and 3.3% of the national fiscal expenditure and GDP respectively. The government procurement system not only regulates and saves financial expenditure, but also undertakes more policy functions, which strongly supports the development of various national undertakings. With the continuous improvement of standardization and transparency of government procurement, it has a direct role in promoting budget performance management and promoting government affairs openness.

On December 29th, 2020, the Ministry of Finance and the Ministry of Industry and Information Technology jointly issued the Administrative Measures for Government Procurement to Promote the Development of Small and Medium-sized Enterprises to further support the development of small and medium-sized enterprises in the field of government procurement. Government procurement helps "small" and "micro", and the measures are practical.

In recent years, the term "government procurement" has frequently entered the public eye. What policy role can this expenditure mode play? How to further improve government procurement? The reporter conducted an interview on this.

The scope of government procurement is constantly expanding and its functions are constantly upgrading.

In 2019, the national government procurement scale was 3,306.7 billion yuan, accounting for 10% and 3.3% of the national fiscal expenditure and GDP respectively. The government procurement system not only regulates and saves financial expenditure, but also undertakes more policy functions, which strongly supports the development of various national undertakings.

-Improve the efficiency in the use of government procurement funds for public services and safeguard social public interests.

"Government purchasing services" is a major innovation in the way government services are provided in recent years-from the services required by the government to public services, from the initial sanitation cleaning services to public legal services, public cultural services, public sports services, medical and health services, education services, disabled services, old-age services, youth services and other fields.

On January 3, 2020, the Ministry of Finance promulgated the Measures for the Administration of Government Procurement of Services, which regulated the subjects, undertakers and contents of purchases. "In the future, public services in the field of people’s livelihood will be more provided by the market, and the government will choose to undertake the main link and apply the relevant policies and regulations on government procurement, which will enhance the cost performance of the purchased services and safeguard national interests and social public interests." Yang Zhiyong, vice president of the Institute of Finance and Economics of China Academy of Social Sciences, said.

-purchasing agricultural products from poverty-stricken areas to help fight poverty.

At present, "poverty-relief commodities" from 22 provinces and 832 poverty-stricken counties in China are being purchased in batches by budget purchasing units on the "online sales platform for agricultural and sideline products in poverty-stricken areas" built by the Ministry of Finance and the National Supply and Marketing Federation. As of December 27th, 2020, this government procurement e-commerce platform, referred to as "832 platform", has put more than 90,000 items on the shelves, with a total turnover of 8 billion yuan.

"Integrating government procurement policies into the fight against poverty will help the poor to increase their income and get rid of poverty, and promote the stable poverty alleviation of the poor and the sustainable development of industries in poverty-stricken areas." Shen Xuefeng, a researcher at the China Academy of Fiscal Science, said.

-expanding the scope of green procurement and giving play to the demonstration effect of environmental protection.

"Coal to electricity projects, urban black and odorous water treatment, water source protection, soil pollution prevention and control projects, mainly by government procurement. In addition, the use of energy-saving and environmentally-friendly products by government procurement has a significant leading demonstration effect on the formation of energy-saving and emission-reducing and green consumption habits in the whole society. " Yang Zhiyong said.

The data shows that in the "bill" of national government procurement in 2019, the national compulsory and priority procurement of energy-saving and water-saving products was 63.37 billion yuan, accounting for 90% of the procurement scale of similar products, and the national priority procurement of environmental protection products was 71.87 billion yuan, accounting for 88% of the procurement scale of similar products.

-expand the share of procurement contracts for small and medium-sized enterprises and support the realization of national macro-control objectives.

As early as 2011, the Ministry of Finance and the Ministry of Industry and Information Technology issued the Interim Measures for Government Procurement to Promote the Development of Small and Medium-sized Enterprises, which expanded the share of small and medium-sized enterprises in government procurement contracts through measures such as reserving shares and evaluating preferential treatment. In 2019, the contract amount awarded to small and medium-sized enterprises by national government procurement was 2,451.91 billion yuan, accounting for 74.1% of the national government procurement scale. The new policy at the end of 2020 will further expand the share of government procurement for small and medium-sized enterprises, which will more strongly support the development of such enterprises.

Improve the standardization and transparency of procurement, and promote the openness of government affairs by "understanding accounts"

In July, 2020, with the supplier successfully completing the online decryption of bidding documents in the remote bid opening hall of "Zhengcaiyun" platform of Guangxi Government Procurement Center, the property service procurement project of Guangxi Public Resource Trading Center entered the bid opening procedure.

"Opening bids without meeting" lightens the burden of bidding enterprises, is conducive to epidemic prevention and control, and also improves the procurement efficiency, which is the latest achievement of "internet plus government procurement" reform. Online operation in the whole process of bid opening and evaluation, leaving traces step by step, and open and transparent online inquiry and response can effectively reduce corruption in the field of government procurement.

"Since the 18th National Congress of the Communist Party of China, the government procurement management system has been improved day by day, and the system of government procurement transactions with public bidding as the main procurement method has been continuously enriched, the’ internet plus government procurement’ has been steadily promoted, the construction of central and local electronic stores has been strengthened, the procurement efficiency has been improved, the regulations and practices that hinder fair competition in the field of government procurement have been comprehensively cleaned up, and the business environment for government procurement has been optimized." The relevant person in charge of the Ministry of Finance said.

In recent years, it is the top priority of government procurement management to establish the whole process information disclosure mechanism and carry out "transactions under the sun". In 2020, the Ministry of Finance made it clear that all procurement projects implemented by the central budget units should disclose their procurement intentions to the public in accordance with regulations, further improve the transparency of government procurement, ensure all market entities to participate in government procurement activities on an equal footing, and improve procurement performance.

In recent years, all localities have continuously improved the transparency of procurement, and achieved remarkable savings. For example, the government procurement center of the central state organs saved 3,150,650 yuan in procurement funds in the disabled elderly care service project of the China Red Cross Society Career Development Center, with a saving rate of 39.38%.

"Improving the government procurement policy not only saves financial funds, but also has a direct role in promoting budget performance management, promoting government affairs openness and curbing corruption." Yang Zhiyong said.

Accelerate the establishment of a modern government procurement system, expand the scale of procurement and improve procurement efficiency.

"China’s government procurement system has made gratifying achievements, but it is not mature enough to fully meet the requirements of the current national governance capacity and modernization of the governance system." Xu Hongcai, Vice Minister of Finance, believes that there are some problems in the current government procurement system, such as extensive management of procurement transaction system, poor policy transmission mechanism, and the performance level of procurement agencies and evaluation experts needs to be improved.

In Xu Hongcai’s view, these problems will lead to low procurement efficiency and satisfaction, and limit the implementation effect of procurement policies.

To this end, the relevant person in charge of the Ministry of Finance said that in order to solve the current problems in government procurement, relevant reform measures will be steadily promoted in accordance with the requirements of the "Deepening the Reform Plan of Government Procurement System" adopted by the Central Committee for Deep Reform.

For example, in view of the shortcomings of the current government procurement law in the implementation process, the government procurement laws and regulations are revised. For another example, based on the principle of "who purchases, who is responsible", establish and improve the purchaser’s responsibility mechanism for procurement results, improve the internal control management of purchasers, and improve the purchaser’s professional procurement ability.

"In addition, it is necessary to further improve the government procurement transaction mechanism and strengthen the government procurement policy function." The person in charge said that it is necessary to promote the realization of the procurement goal of "high quality and good price", and clarify the application of different competition scopes and different procurement methods in combination with different project demand characteristics, performance objectives and market supply and demand, so as to improve procurement efficiency and capital application efficiency. At the same time, efforts should be made to build a standard system of government procurement requirements and improve the implementation measures of government procurement policies.

"International government procurement generally accounts for about 15% of GDP, and in China it is less than 4%, and there is still great potential to be tapped." Yang Zhiyong said that the government procurement laws and regulations system should be further improved, and a more scientific government procurement system should be designed according to the requirements of incentive compatibility mechanism, so as to stimulate the enthusiasm of government purchasers and fully release the policy role of government procurement. "In the final analysis, it is still necessary to accelerate the establishment of a modern government procurement system that adapts to the characteristics of market transactions and stimulates the enthusiasm of all participants." (Reporter Qu Zhehan)

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

Catalogue

Part I Overview of National Radio Monitoring Center

I. Main functions

Second, the composition of departmental budget units

Part II Department Budget of National Radio Monitoring Center in 2021

I. Summary of departmental revenue and expenditure

Second, the department income summary table

III. Summary of Departmental Expenditure

IV. Summary of Financial Appropriations and Income and Expenditure

V. General public budget expenditure table

VI. Basic Expenditure Table of General Public Budget

Seven, the general public budget "three public" expenditure table

Eight, the government fund budget expenditure table

Nine, the state-owned capital operating budget expenditure table

Part III Description of the Department Budget of National Radio Monitoring Center in 2021

The fourth part explains nouns.

Part I Overview of National Radio Monitoring Center

I. Main functions

The National Radio Monitoring Center (National Radio Spectrum Management Center) is a public welfare institution directly under the Ministry of Industry and Information Technology. Entrusted by the Ministry, its main responsibilities are:

(a) in accordance with the provisions of the "Regulations on Radio Management in People’s Republic of China (PRC)", as a national radio management technical institution, it undertakes technical work related to radio frequency and satellite orbit resources, radio stations, radio transmitting equipment management and foreign-related radio management, and provides support for national radio management.

(two) to undertake the monitoring of short-wave and space business radio signals and the positioning of interference sources, and to find the relevant radio stations (stations) that are set up and used without permission; Monitor whether the relevant radio stations (stations) carry out their work in accordance with international rules, agreements signed between China and other countries, administrative licensing matters and requirements.

(three) to undertake the technical work related to the development of national radio management; Participate in radio monitoring of ultrashort wave and microwave frequency bands in Beijing.

(four) to undertake the construction and operation of the relevant technical work information system of the national radio regulatory agency.

(five) to carry out radio management related policies, technical standards and technical specifications, data applications and other research work, and put forward policy suggestions.

(six) to provide technical guidance for radio management in all provinces (autonomous regions and municipalities).

To undertake other tasks assigned by the Ministry of Industry and Information Technology.

Second, the composition of departmental budget units

The departmental budget of the National Radio Monitoring Center (hereinafter referred to as "the Center") in 2021 includes: the budget of the center at the same level, the budget of monitoring stations outside Beijing (8 in total) and the budget of self-supporting institutions affiliated to the Center (1 in total).

The national radio monitoring center in 2021, the scope of departmental budget three budget units include:

1 national radio monitoring center at the same level

2. Shanghai Monitoring Station of National Radio Monitoring Center

3. Urumqi Monitoring Station of National Radio Monitoring Center

4. Chengdu Monitoring Station of National Radio Monitoring Center

5. Fujian Monitoring Station of National Radio Monitoring Center

6. Shenzhen Monitoring Station of National Radio Monitoring Center

7. Harbin Monitoring Station of National Radio Monitoring Center

8. Shaanxi Monitoring Station of National Radio Monitoring Center

9. Yunnan Monitoring Station of National Radio Monitoring Center

10. Testing Center of National Radio Monitoring Center

Part II Department Budget of National Radio Monitoring Center in 2021

Part III Description of the Department Budget of National Radio Monitoring Center in 2021

I. Description of the General Statement of Revenue and Expenditure of National Radio Monitoring Center in 2021

According to the principle of comprehensive budget, all income and expenditure of the National Radio Monitoring Center are included in the departmental budget management. Income includes: general public budget appropriation income, operating income of institutions, other income, and use of non-financial appropriation balance; Expenditure includes: expenditure on social security and employment, expenditure on resource exploration and industrial information, expenditure on housing security, and carry-over from last year to next year. The total revenue and expenditure budget of the National Radio Monitoring Center in 2021 is 297,909,500 yuan.

Two, about the National Radio Monitoring Center in 2021 income summary.

The revenue budget of the National Radio Monitoring Center in 2021 is 297,909,500 yuan, of which 10,517,100 yuan was carried forward from the previous year, accounting for 3.53%. The general public budget revenue was 89,815,400 yuan, accounting for 30.15%. The operating income of public institutions was 125 million yuan, accounting for 41.96%. The income from higher-level subsidies was 23,745,100 yuan, accounting for 7.97%, other income was 207,000 yuan, accounting for 0.07%, and the balance of non-financial appropriations was 48,624,900 yuan, accounting for 16.32%.

III. Explanation on the Summary of Expenditure of National Radio Monitoring Center in 2021

The expenditure budget of National Radio Monitoring Center in 2021 is 297,909,500 yuan, of which the basic expenditure is 123,164,500 yuan, accounting for 41.76%. The project expenditure is 51,804,900 yuan, accounting for 17.56%. The operating expenditure of public institutions was 120 million yuan, accounting for 40.68%.

Four, about the National Radio Monitoring Center in 2021 financial appropriation summary table.

The national radio monitoring center has a total budget of 100,332,500 yuan in 2021. Income includes: 89,815,400 yuan from the general public budget, 10,517,100 yuan carried forward from the previous year; Expenditure includes: 10,045,700 yuan for social security and employment, 78,155,000 yuan for resource exploration and industrial information, and 12,131,800 yuan for housing security.

V. Explanation on the General Public Budget Expenditure Table of National Radio Monitoring Center in 2021

The general public budget expenditure of the National Radio Monitoring Center in 2021 was 89,815,400 yuan, a decrease of 151,343,900 yuan or 62.76% compared with the implementation in 2020. In accordance with the relevant requirements of the CPC Central Committee and the State Council on living a tight life, we will practise economy in all undertakings, vigorously reduce general expenditures, and focus on reducing public funds and non-urgent non-rigid expenditures, which are reflected in relevant expenditure subjects. The specific arrangements are as follows:

(1) The expenditure of 21,505 industrial and information industry supervision projects is estimated at 68,426,000 yuan at the beginning of 2021, which is 154,703,700 yuan less than the implementation in 2020, with a decrease of 69.33%. The main reason is: implementing the requirements of tight life and reducing the expenditure of radio and information communication supervision and development projects.

(II) The budget for the pension expenditure of administrative institutions in 20805 was 9,379,800 yuan in early 2021, an increase of 4,126,800 yuan or 78.56% compared with the implementation in 2020. The main reason is that the financial allocation for the pension expenditure of administrative institutions has increased.

(III) The expenditure of the 22102 housing reform expenditure project is budgeted at 12,009,600 yuan in early 2021, which is 767,000 yuan less than the implementation in 2020, with a decrease of 6.00%, mainly due to the decrease in housing subsidy expenditure.

(4) According to the classification of expenditure function, the expenditure on resource exploration, industrial information and other aspects accounts for a relatively high proportion of the total expenditure of the unit, mainly: the budget for industrial and information industry supervision in 2021 is 68.426 million yuan, accounting for 76.19% of the total expenditure of the unit, which is mainly used for radio and information communication supervision projects.

VI. Explanation on the Basic Expenditure Table of General Public Budget of National Radio Monitoring Center in 2021

The basic expenditure of the general public budget of the National Radio Monitoring Center in 2021 is 50.818 million yuan. Among them:

The personnel expenses are 44,790,200 yuan, mainly including: basic salary, allowances and subsidies, performance salary, basic old-age insurance contributions of institutions, occupational annuity contributions, housing accumulation fund, medical expenses and retirement expenses.

The public funds are 6,027,800 yuan, mainly including: office expenses, printing fees, consulting fees, handling fees, water fees, electricity fees, post and telecommunications fees, heating fees, property management fees, travel expenses, rental fees, training fees, official reception fees, special materials fees, special fuel fees, labor fees, commissioned business fees, trade union funds, welfare fees, official vehicle operation and maintenance fees, and other transportation expenses.

VII. Explanation on the budget of the National Radio Monitoring Center in 2021 for "three public funds"

In 2021, the financial allocation budget for the "three public funds" is 1,329,500 yuan, of which: the expenses for going abroad on business are 0,000 yuan; The purchase and operation cost of official vehicles is 1,260,100 yuan, including 1,260,100 yuan, which is mainly used for the maintenance of official vehicles (including radio monitoring business vehicles, etc.) and the operation and maintenance of radio safety vehicles for key major events such as the Winter Olympics; The official reception fee is 69,400 yuan, which is mainly used for business exchanges and technical discussions between the center and relevant domestic units, investigation and guidance from relevant departments, and foreign affairs reception. In 2021, the budget for the "three public" funds is increased compared with that in 2020 (mainly to increase the operation and maintenance expenses of radio safety vehicles for key major events such as the Winter Olympics), and the expenses for going abroad (the border) and the purchase expenses for official vehicles are both reduced compared with that in 2020.

VIII. Explanation on the Government Procurement Budget of National Radio Monitoring Center in 2021

The total government procurement budget of National Radio Monitoring Center in 2021 was 10.9501 million yuan, including 921.9 million yuan for government procurement of goods and 10.0282 million yuan for government procurement of services.

The fourth part explains nouns.

I. Income subjects

(1) Revenue from financial appropriation: refers to the funds allocated by the central government in the current year.

(2) Operating income of public institutions: refers to the income obtained by non-independent accounting business activities of public institutions in addition to professional business activities and auxiliary activities.

(3) Other income: refers to income other than the above-mentioned "financial appropriation income", "business income" and "business income of public institutions". Such as investment income, interest income, etc.

(4) Carry-over from the previous year: refers to the funds that have not been completed in the previous year and are carried over to this year and continue to be used according to the original provisions.

Second, the expenditure subjects

(1) Social security and employment (category) Pension for administrative institutions (fund): refers to the expenditure of the center and its subordinate units on pension for administrative institutions.

1. Retirement of institutions (item): refers to the funds for retirees of the center and its affiliated institutions.

2. Expenditure of basic old-age insurance in institutions (item): refers to the expenditure of basic old-age insurance paid by the center and its affiliated institutions in implementing the old-age insurance system.

3. Occupational annuity payment expenditure of government agencies and institutions (item): refers to the occupational annuity expenditure paid by the center and its affiliated institutions in implementing the old-age insurance system.

(2) Resource exploration information, etc. (category): It reflects the expenditures for resource exploration, manufacturing, construction and industrial information, etc. The central budget mainly covers the subjects of industrial and information industry supervision expenditures.

1. Expenditure on supervision of industry and information industry (paragraph): refers to the expenditure used by the center and its affiliated institutions to ensure the operation of institutions and carry out supervision of industry and information industry.

(III) Expenditure on housing security (category) Expenditure on housing reform (paragraph): refers to the expenditure on housing reform by the center and its subordinate units in accordance with national policies.

1. Housing accumulation fund (item): it is a long-term housing deposit paid by the unit and its employees in accordance with the regulations on the management of housing accumulation fund. This policy began in the mid-1990s, and was widely implemented among employees in government agencies, enterprises and institutions nationwide. The minimum deposit ratio is not less than 5%, and the maximum deposit ratio is not more than 12%. The deposit base is the employee’s salary in the previous year. The deposit base of administrative units includes the post salary, grade salary, post salary and technical grade (post) salary of government workers, year-end one-time bonus, special post allowance, allowance for hard and remote areas, work allowance and living allowance issued after standardization; The deposit base of public institutions includes post salary, salary scale salary, performance salary, allowance for hard and remote areas, special post allowance, etc.

2. Rent-raising subsidy (item): It was approved by the State Council, and started in 2000 to raise the rent standard of public housing for central units in Beijing. The central units in Beijing determined the subsidy standard according to the number of on-the-job employees, retirees and corresponding ranks, and subsidized 90 yuan per capita monthly.

3. Housing Subsidy (Item): According to the Notice of the State Council Institute on Further Deepening the Reform of Urban Housing System and Accelerating Housing Construction (Guo Fa [1998] No.23), after the housing distribution in kind was stopped in the second half of 1998, the housing monetization reform subsidy funds were distributed to employees without housing and whose housing income ratio exceeded 4 times. The central administrative institutions began to issue housing subsidy funds in 2000, and local administrative institutions began to issue housing subsidy funds in succession in 1999, and enterprises decided on their own according to their own conditions. In Beijing, the central unit shall implement the standards stipulated in the General Office of the State Council, the General Office of the Central Committee of the CPC forwarded by the Ministry of Construction and other units < Office Word [2005] No.8 >, and outside Beijing, the central unit shall implement the policies, regulations and standards of the monetization reform of housing distribution of the local people’s government.

(4) Carry-over to the next year: refers to the funds arranged in the previous year’s budget, which cannot be implemented according to the original plan due to changes in objective conditions, and need to be postponed to the next year to continue to use according to the original specified purposes.

(5) Basic expenditure: refers to personnel expenditure and public expenditure incurred to ensure the normal operation of institutions and complete daily tasks.

(6) Project expenditure: refers to the expenditure incurred to complete specific administrative tasks and career development goals in addition to the basic expenditure.

(7) Operating expenses of public institutions: refers to the expenses incurred by public institutions in carrying out non-independent accounting business activities other than professional business activities and auxiliary activities.

Third, the "three public" funds

The "three public" funds included in the management of the central financial budget and final accounts refer to the expenses for going abroad (abroad), the purchase and operation of official vehicles and the official reception expenses arranged by the central departments with financial allocations. Among them, the expenses for going abroad on business reflect the international travel expenses, foreign city transportation expenses, accommodation expenses, meals, training fees, public and miscellaneous expenses, etc. of the unit going abroad on business; The purchase and operation expenses of official vehicles reflect the purchase expenses of official vehicles (including vehicle purchase tax), fuel expenses, maintenance fees, crossing fees, insurance fees, safety incentive fees and other expenses; The official reception fee reflects all kinds of official reception (including foreign guests’ reception) expenses of the unit according to the regulations.