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　　Time flies, and 2017 is about to close in a blink of an eye. This year, the supervision of the Civil Aviation Administration of China increased, and efforts were made to enhance passengers’ sense of gain; At the same time, technology has empowered the aviation industry, and aviation manufacturing has shown a thriving situation.

　　Looking back on 2017, what major events happened in China’s aviation industry, and what unforgettable moments? Let’s use eight key words together to string together this doomed extraordinary year.

　　Keywords: 1: Big plane

　　The Three Musketeers of the Big Aircraft will gather in the blue sky: C919 will fly into the sky, and the first flight of AG600 will be around the corner.

　　In China aviation industry, domestic passenger plane C919, amphibious plane AG600 and large transport plane Yun -20 are called "Three Musketeers". Each of them embodies the painstaking efforts of Chinese people and carries the dreams and expectations of Chinese people. And 2017 is undoubtedly a bumper year for domestic large aircraft.

　　On May 5th, the domestic C919 large passenger plane made its first successful flight at Shanghai Pudong Airport, which attracted worldwide attention. On November 10th, the C919 aircraft moved to Yanliang, Xi ‘an, and began to enter the next research and development flight test and airworthiness forensics.

　　On December 5th, the AG600 large-scale fire fighting/water rescue amphibious aircraft completed the high-speed taxiing test in zhuhai jinwan airport, and the first flight entered the countdown.

　　Expert comment: C919 is China’s first truly large civil aircraft, a key battle to upgrade China’s manufacturing industry and a landmark project to build an innovative country. China, a large aircraft project, has completely independent intellectual property rights, which not only breaks the monopoly of international aviation giants, but also reflects China’s progress in the field of high-tech innovation.

　　Keyword 2: "Black Flying"

　　UAV "Black Flying" Disturbs Flight Civil Aviation Administration orders real-name registration.

　　With the gradual rise of consumer-grade UAV industry, UAVs have rapidly changed from the original characteristics of "high threshold, strong professionalism and single use" to "low threshold, popularization, multi-function and daily use". According to the statistics of relevant departments, the number of UAVs in China has reached more than 600,000, and it is expected to rise to more than 4 million by 2020.

　　However, due to the increase in the number of drone brands and players, the phenomenon of "black flying" has become more and more serious. Since the beginning of this year, many airports, such as Kunming Airport, Shenzhen Airport, Mianyang Airport, Hangzhou Airport, Chengdu Airport and so on, have been disturbed by drones, resulting in the cancellation or delay of several flights, which has aroused social concern.

　　On May 16th, the Civil Aviation Administration of China issued the Regulations on the Registration Management of Civil Unmanned Aerial Vehicles in real-name registration system, requiring that the owners of civil unmanned aerial vehicles must register their real names from June 1st, 2017. After August 31, unmanned aerial vehicles that are not registered in the system are considered illegal.

　　Expert comment: With the rapid development of civil UAV technology, UAV interferes with civil aviation flight events from time to time. Increasingly strict supervision will promote a virtuous circle of the industry. real-name registration system has opened the prelude to the standardized operation of Chinese drones, and at the same time accelerated the reshuffle of the industry.

　　Keywords: 3: mixed reform

　　The mixed reform of central enterprises continues to accelerate: the three major state-owned airlines have released big moves

　　On the evening of March 27th, China Southern Airlines announced that it had signed a Share Subscription Agreement with American Airlines, and American Airlines would subscribe for 270 million H shares issued by China Southern Airlines with HK$ 1.553 billion.

　　On April 21st, Air China of China announced that it had received a notice from its controlling shareholder, China Aviation Group Corporation, and the National Development and Reform Commission replied that it agreed to reform the mixed ownership of air freight logistics of AVIC. AVIC will start the reform of mixed ownership of air cargo logistics. Air China and some of its subsidiaries are engaged in air cargo logistics business, and the specific implementation of mixed ownership reform may involve the company and its subsidiaries.

　　On June 19th, the mixed reform plan of China Eastern Airlines Logistics Co., Ltd., a subsidiary of China Eastern Airlines Group, ushered in a substantial start. China Eastern Airlines Logistics has diversified its shares. China Eastern Airlines Group, Legend Holdings Co., Ltd., Prologis Investment (Shanghai) Co., Ltd., Debon Logistics Co., Ltd., Greenland Financial Investment Holding Group Co., Ltd. and the core employees of China Eastern Airlines Logistics hold 45%, 25%, 10%, 5%, 5% and 10% of the shares of China Eastern Airlines Logistics respectively.

　　Expert’s comment: In recent years, the freight volume of China civil aviation has increased a lot, but the freight rate has dropped a lot, and the three major airlines have almost no profit margin. In contrast, private express companies such as SF Express, Yuantong and Shentong have set up their own cargo airlines. The global aviation logistics industry is transforming from the traditional air freight with low added value to the door-to-door integrated logistics service provider and the overall supply chain service provider with high added value of "big data+air freight+ground transportation". Through the reform of mixed ownership, the productivity of air freight can be liberated, it can be operated sustainably, and it can be bigger and stronger.

　　Keyword 4: Air WiFi

　　Civil Aviation Administration lifts the ban on aircraft using electronic equipment. Spring is coming in the air.

　　On September 18th, the Ministry of Transport deliberated and adopted the fifth revised Rules for the Examination and Approval of Operation Qualification of Large Aircraft Public Air Transport Carriers. Zhu Tao, deputy director of the Flight Standards Department of the Civil Aviation Administration, said at the press conference that from October, airlines can decide what kind of portable electronic equipment to use on the plane according to the evaluation results.

　　The regulations of the Civil Aviation Administration have triggered a heated discussion on WiFi in the air on the Internet. At present, China Eastern Airlines, Air China, China Southern Airlines, Hainan Airlines and other companies have started to test the on-board WiFi service. For example, China Eastern Airlines has realized the on-board Internet service on 70 wide-body passenger planes.

　　10月18日上午，东航MU5103客机在万米高空进行了党的十九大开幕会的实时直播，乘客使用空中WiFi就能聆听习近平总书记的讲话。

　　专家点评：政策全面开禁飞机上使用手机等便携式电子设备是一大喜事，但是政策放开不等于立刻解禁，具体推行仍需时日，旅客也切勿挑战目前“飞行全程关闭手机”的法规。后续航空公司经安全评估后放开限制，旅客们就能在巡航中使用“飞行模式”的手机看电影、听音乐。

　　关键词5：航班正点率

　　航班正点率跌入低谷 民航局出“狠招”

　　航班正点率作为民航整体运输质量的反映，一直是社会公众关注的焦点。数据显示，今年1-8月，全国民航航班平均正点率66.22%，同比下跌9.27%，平均延误时间30分钟，同比增加11分钟。

　　9月21日晚间，中国民航局发布《关于把控运行总量调整航班结构提升航班正点率的若干政策措施》，从今年冬春航季开始，对航班时刻安排进行运行总量控制和航班结构调整，确保运行安全，全力提升航班正点率。其中，首都机场和浦东机场因放行正常率多次不达标而受处罚。民航局要求其按照机场容量标准75%的目标，调减始发航班时刻数量。

　　In October, the normal flight rate in China reached 83.29%, a year-on-year increase of 2.39%. This is the highest normal rate for 101 consecutive months since May 2009.

　　Expert comment: China’s flights maintain double-digit growth every year, but the average annual increase of route mileage is only about 3%, which also makes the flight operation pressure more and more serious. In order to ensure the flight safety of civil aviation and improve the normal flight rate, the Civil Aviation Administration issued the "most stringent" flight control regulations in history to strictly control flight growth. The New Deal officially landed at the end of October, and we expect our flights to be more and more punctual.

　　Keyword 6: Civil aviation charter flights

　　"Thank the motherland"! Civil aviation chartered flights twice to help stranded passengers return home

　　On September 30th, China tourists trapped by the hurricane excitedly waved the national flag, ready to board a charter flight and return to the motherland. People’s Network Wang Chushe

　　"Thank the motherland for remembering us and taking us home!" This may be the most frequently said sentence by China tourists stranded overseas for some reason this year …

　　On September 18th, category 5 hurricane "Irma" ravaged the Caribbean, and the island country Dominica was hit hard. Nearly 400 Chinese personnel were forced to move to neighboring Antigua and Barbuda to wait for rescue. On the evening of September 29th, China Eastern Airlines dispatched two chartered planes to fly over the airspace of 19 countries to Vere, Antigua and Barbuda, according to the mission requirements of the Civil Aviation Administration of China to send Ming Chuan telegrams. At Bird Airport, the Chinese personnel transferred from Dominica were urgently transported back to China, with a round-trip flight distance of 34,000 kilometers.

　　On November 27th, due to the eruption of Agung volcano, the Indonesian Bali Wulalai International Airport was temporarily closed, leaving 17,000 China tourists stranded there. From 14: 28 on November 29th to 14: 00 on December 4th, the Civil Aviation Administration, the Ministry of Foreign Affairs, the Consulate General of China in Denpasar and other relevant departments coordinated the flights of China Eastern Airlines, Xiamen Airlines and China Southern Airlines to Bali, "coming empty, leaving full" to help China tourists return home.

　　Expert comment: In 2017, Wolf Warriors 2 was popular all over the country, and the scene of Jason Wu holding the national flag through the war zone made countless people excited. In fact, real scenes are more burning than movies. When the storms and waves of nature raze everything to the ground and individuals become so small, the welcome of the motherland is precious and exciting. As the words in the passport at the end of Wolf Warriors 2: "People’s Republic of China (PRC) citizens: When you are in danger overseas, don’t give up! Please remember that behind you, there is a strong motherland! "

　　Keyword 7: Tonnage UAV

　　The world’s first tonnage cargo drone was born. Online shopping or airdrop will come home in the future.

　　On October 26th, AT200, a large cargo drone, completed its first flight at Neifu Airport in Pucheng, Shaanxi Province, and the whole flight lasted for 26 minutes. This marks the birth of the world’s first tonnage cargo drone, and online shopping may be airdropped home in the future.

　　With a total length of 11.84 meters, a wingspan of 12.8 meters, a height of 4.04 meters and a maximum takeoff weight of 3.4 tons, AT200 is the "big guy" in the field of civil UAVs at home and abroad. Its warehouse has a volume of 10 cubic meters and a payload of 1.5 tons.

　　According to the R&D team of the Institute of Engineering Thermophysics of Chinese Academy of Sciences, AT200 is equipped with advanced flight control system and command system, which completely gets rid of the dependence on pilots and realizes the "one-button autonomous take-off and landing" of aircraft in the accusation center. The UAV flight controller only needs to monitor the on-board state, and can change the flight state by simple operation when necessary, which greatly reduces the freight cost and operation difficulty.

　　Expert comment: The AT200′ s short-distance take-off and landing capability has solved the take-off and landing problem of the island’s large-tonnage UAV. By adding the set-point delivery capability later, the aircraft that further improves the delivery accuracy will have broad application prospects in Southeast Asian countries along the Belt and Road Initiative. The shortage of captains has always been one of the main factors restricting the development of China’s civil aviation industry. In order to attract mature captains, some companies even offered a "transfer fee" of 5 million. The first flight of a large cargo UAV will open up new opportunities for the development of China’s civil aviation, especially air cargo.

　　Keyword 8: High-speed rail "forced stop" flight

　　"Air-ground competition" fiery high-speed rail frequently "forced to stop" direct flights

　　On the morning of December 6th, at Chengdu East Railway Station, a CRH3A bullet train stopped at the platform, and a touch of local gold eye shadow was particularly eye-catching. It was the first train D4252 of Xicheng High-speed Railway.

　　In recent years, the competition between high-speed rail and aviation has been fierce, and many routes within 800 kilometers have seen a double drop in attendance and fares, and even been forced to stop. In 2017, "open space competition" was staged again.

　　On April 16th, Zhengzhou-Beijing Sanyi Station went directly to the high-speed railway, and the attendance rate of passengers on the first day reached 80%. The high-speed rail passenger flow between the two places is hot. In contrast, the civil aviation market has shrunk to only one flight.

　　At the end of October, many passengers in Chengdu and Xi ‘an found that the previous direct flights between the two places were basically cancelled. It originally took only one and a half hours, and it took at least six hours after the transfer. Many people in the civil aviation system explained that the Xicheng high-speed railway was opened in October, and the airlines canceled all the direct flights when they made the winter and spring flight plans. Only after the cancellation did they know that the high-speed railway would be delayed.

　　Expert comment: In 2010, China Southern Airlines implemented the "Express Line" strategy to compete with the high-speed rail, which ended in failure. In the future, civil aviation and high-speed rail should compete in a wrong position and win-win cooperation. High-speed rail focuses on the short-and medium-distance passenger transport market, while civil aviation mainly invests in the operation of medium-and long-distance international cross-sea routes. The two sides can also carry out in-depth intermodal cooperation to jointly provide passengers with comfortable and fast travel services.

　　(Comment expert: Lin Zhijie, strategic planning manager of Xiamen Aviation Planning and Finance Department, responsible for civil aviation industry research, company strategic planning and business analysis. Columnist of Civil Aviation Resource Network. )

Text | Financial Street Lao Li

Geely Holding is a hot spot in the global capital market, and Krypton will be its most imaginative sector.

Yesterday, Krypton announced that the ZEEKR M-Vision concept car will have mass production conditions in 2024. This car is an exclusive vehicle customized and developed for the Waymone driverless team based on the ZEEKR M-Vision concept car, which means that Krypton has taken an important step in the field of autonomous driving.

At the end of last month, Geely Automobile announced that it had submitted a proposal to the Hong Kong Stock Exchange to spin off Krypton and list it independently. The Stock Exchange has confirmed that listed companies can spin off. Although there is still a long way to go before Krypton goes public independently, it has at least taken the first step.

There are a lot of news disclosed by the industry these days. Today, Lao Li will talk with you. Why did the extremely split layout start long ago? What are the strategic considerations for spin-off listing? What are the challenges of the split listing of Krypton?

Krypton split, early signal?

The capital market has always had high expectations for Geely Holding, but frankly speaking, most funds are looking forward to "Geely": in the secondary market, although Geely Automobile’s Hong Kong stocks once made many investors earn the first pot of gold, the whole Hong Kong market is not so good; In the primary market, Geely Holding’s various sectors are booming, but there are not many external financial funds that can be invested.

Listed companies under Geely Holding include Geely Automobile, Volvo Automobile, Polar Star Automobile, Yikatong, etc., and the proposed listing sector includes Cao Cao’s trip, etc., and the listing locations include Hong Kong, the United States and Europe. As the most important intelligent electric vehicle sector under Geely Holding, it is reasonable to go public.

According to the capital market research, Geely has been preparing for the independent listing of Krypton since its establishment. Geely has two main actions: one is to open financing for Krypton, and the other is to load high-quality assets.

Let’s talk about the first action-open financing.

As we all know, Geely always wanted to go public in science and technology innovation board, but in June, 2021, Geely withdrew its listing application because of the tightening IPO policy in science and technology innovation board. At the same time, Geely Automobile announced that it would seek different financing schemes for the extremely krypton brand, that is, from this time on, the extremely krypton independent listing plan was officially launched. At the same time, Geely Holding Group and Beilun District of Ningbo signed an investment cooperation agreement for the extremely smart electric vehicle project, and the global headquarters of extremely smart technology company settled in Ningbo.

Later, everyone became more clear. In August last year, Krypton launched the Pre-A round of financing. The financing targets included ecological partners such as Contemporary Amperex Technology Co., Limited, Billie Billie and Intel Capital. The publicly disclosed financing amount was 500 million US dollars, corresponding to 5.6% of the shares. According to this figure, the post-investment valuation of Krypton in August 2021 was close to 60 billion yuan.

Two months later, Geely Automobile announced that it would buy back part of its equity. By the end of Geely Automobile’s 2021 annual report, Geely Automobile held 59.71% of its equity. As for the specific shareholding structure behind it, there is no public disclosure at present.

Not surprisingly, in the next year or two, Krypton will further carry out external financing, but not too many shares will be sold, and Geely will have absolute control over the enterprise.

The second action of the split listing of Krypton is the merger of high-quality assets. Merging high-quality assets is a common practice in the capital market, with two main purposes: First, after merging high-quality assets into Krypton, it can support the listing of Krypton and obtain a good premium; conversely, Krypton will also drive the original assets to increase the premium and achieve the effect of killing two birds with one stone.

In July last year, Krypton Group (Krypton Holdings and its subsidiaries) entered into a CEVT acquisition agreement, a vast energy acquisition agreement and a Ningbo Weirui subscription agreement to acquire assets and technologies needed for R&D, production and sales of electric vehicles.

So far, Krypton holds 51% equity of Ningbo Weirui, 49% equity of Times Geely and 30% equity of Vast Energy. It can be seen that all the best assets of Geely Holding on power batteries and charging services have been loaded to Krypton.

Split and go public, kill two birds with one stone?

Seeing this, many friends will ask why Krypton will be split and listed, or what will Krypton bring to Geely Holding after the split and listing? In Lao Li’s view, apart from obtaining high premium in the primary and secondary markets, it is more important to serve Geely Holding Group.

In the past few years, although Geely’s industries have spread all over China, Geely’s capital has been globalized. For more than a decade, capital globalization has also driven industrial globalization. In the new stage of development, it will be the general trend for industry and capital to return to China. On the new energy vehicle track, neither the American market nor the Hong Kong market can get the same treatment as the domestic market. Most importantly, the market, industrial chain and capital of new energy vehicles are all in China.

Geely Automobile has been conceiving the A+H capital layout, looking at the performance of BYD, Contemporary Amperex Technology Co., Limited and Great Wall Motor in A-shares, and then looking at the performance of Geely Automobile in Hong Kong stocks, we can see from a glimpse that Geely Automobile will get a new financing path after the listing of A-shares, but for various reasons it backfired.

In the announcement, the spin-off terms of Krypton, such as listing place, listing time and sale scale, have not yet been determined. In fact, it is in the early stage of listing, and Krypton itself cannot be determined. Lao Li believes that according to Geely Holding’s strategy and external market environment, Krypton is likely to give priority to listing in science and technology innovation board, and of course, Hong Kong market and American market are not excluded.

Some friends of Lao Li said that the probability of listing Krypton in science and technology innovation board should be above 70%, on the one hand, because it serves the overall strategic layout of Geely Holding, and on the other hand, because the overall valuation of A shares is higher than that of Hong Kong, especially the new energy sector, which will be far ahead of the Hong Kong market in the next decade or even longer, and Krypton will get a better valuation premium than Hong Kong for its spin-off listing in science and technology innovation board and its spin-off listing on Growth Enterprise Market in the future.

The strategic layout of Geely Holding is very important, and it is also important to maximize the "assets". There is a saying in the secondary market.

At present, most new energy automobile companies don’t make money, and so does Krypton. According to Geely Automobile’s financial report, Krypton’s revenue in 2021 was 2.868 billion yuan, and its net loss was 1.010 billion yuan. The loss in the first half of this year reached 759 million yuan, with an average monthly loss of 126 million yuan. In the final analysis, these inputs and losses were borne by Geely Holding, or Li Shufu personally.

In the process of spin-off, Krypton can raise funds in the primary market, or refinance after listing, so as to obtain greater funding channels. At the same time, after the split-up of Krypton, it can also greatly alleviate the financial burden of the listed company Geely Automobile, optimize the financial statements, obtain a higher return on investment than before, and boost the valuation of the secondary market.

In addition, for Krypton itself, the spin-off will also promote the company’s main business to be more focused and more transparent, which will also help to convey a clear corporate image to the capital market and gain the recognition and support of investors.

Where are the challenges and dawns?

From the general direction, the split listing of Krypton is a perfect path, but it is not easy to walk. Lao Li believes that the biggest challenge at present is not internal, but external, which is not only a problem that extremely krypton will encounter, but also a problem encountered by other new energy vehicle companies.

Lao Li has mentioned many external problems before, but each family also has difficulties. For example, Zhongchuang Singapore Airlines and Zero Run Auto are listed in Hong Kong, and the pressure from shareholders has forced everyone to go. Weimar has also slowed down the pace of listing in Hong Kong, not because it doesn’t want to go to Hong Kong, but because its valuation is too low.

In the past two years, a number of new energy vehicle enterprises hatched by traditional giants have been added to the market, such as GAC Ai ‘an, SAIC Zhiji, Dongfeng Lantiu, Great Wall Salon, Chang ‘an Aouita, etc. After the capital market targets increase, the market will naturally kill the valuation, and the number of people sharing the cake will increase, and the value of each cake will naturally decrease.

So waiting is the best way for companies that are not short of money. The idea of extreme krypton may be to choose to promote the listing process first and then start the listing according to the appropriate time and price. A brokerage analyst also put forward the possibility that the news of the spin-off listing will pave the way for the A round of financing in the next 1-2 years. After all, some industrial funds have already made contact with Krypton.

For Krypton itself, at present, both science and technology innovation board and HKEx have put forward new auditing requirements for R&D capabilities of new energy vehicle companies. From 2020 to this year, many vehicle companies and Internet companies have stopped IPO due to "insufficient R&D level". We will wait and see how Krypton can play this card.

Despite the poor external environment, the sales volume of krypton has been exceeding expectations. In the first three quarters of 2022, the cumulative sales volume of krypton was 39,500 vehicles. After entering October, the delivery of krypton entered the fast lane, and the monthly delivery volume exceeded 10,000 vehicles, reaching 10,119 vehicles, an increase of 22.3% from the previous month. But the delivery pressure of krypton is not small.

Despite this, Geely is still at the forefront of domestic car companies, and its layout in the capital market is mainly around mergers and acquisitions and spin-offs. In the past ten years, Geely has been carrying out mergers and acquisitions, from traditional cars to new energy, from intelligent networking to ecology, achieving good synergy, while spin-off listing is a means of asset divestiture, which broadens the company’s financing channels through high-quality asset spin-off.

Generally speaking, there are two types of companies listed in the capital market: one is a growing subsidiary with strong profitability, such as BYD’s Foday Battery, and the other is an incubation platform company, such as Sina Weibo, which is incubated by Sina. From this point of view, krypton belongs to both at present, and will get a higher valuation in the capital market.

The listing of krypton will open up new ideas for Geely Holding, and will also open up new ideas for the industry.

　　Zhongxin. com, Taizhou, December 12 (Reporter Fan Yubin correspondent Cao Hongbing) "The month is 8-20 kg thin, pure plant extraction, no side effects." A online celebrity "weight loss coffee", which claims to be able to lose weight without dieting and exercise, is actually a three-no product, with drugs banned by the state, but it is marketed in 20 Yu Sheng cities nationwide. On the 12th, the police in Taizhou, Zhejiang Province held a press conference on the case of illegally adding banned drugs "weight loss coffee" to inform the case.

　　Pictured: seized items. Photo courtesy of Xianju Public Security

　　Recently, the public security organs at Taizhou and Xianju cities and counties, together with the market supervision department, with the assistance of the Ali special team, have launched a unified network-closing operation in Xianju, Zhejiang, Suzhou, Jiangsu and Changbai Mountain, Jilin, and smashed a full-chain criminal gang that produces and sells toxic and harmful weight loss coffee and candy online, and arrested 10 suspects headed by Xie Moumou, Zhang Mou, Yin Moumou and Chen Moumou, and approved the arrest of 2.

　　Pictured: the scene was seized. Photo courtesy of Xianju Public Security

　　It is reported that, All kinds of toxic and harmful coffees in online celebrity, such as Amorcoffee (powdered coffee), DLSLLMMINGCOFFE (black coffee), caféJessica (green coffee), DORAMACCHIATO (purple coffee), supersugar (Madge VC cocoa soft candy, compound fruit and vegetable candy), Nina fat-burning coffee and coffee with coffee, have been seized. The case is being further explored.

　　Pictured: press conference. Photo courtesy of Xianju Public Security

　　After testing, the seized weight loss coffee contains sibutramine and phenolphthalein, which are banned by the state. Such additives can cause serious toxic and side effects such as trance and cancer.

　　Illegal drugs were detected in online celebrity coffee.

　　In May this year, the police of Xianju County Public Security Bureau found that someone was selling weight loss coffee and candy on WeChat, Tik Tok, Xiaohongshu and other platforms, and the network spread over more than 20 provinces and cities such as Zhejiang, Henan and Guangdong. Someone left a message on the platform to report dizziness, palpitation and insomnia after taking these products.

　　Further investigation by the police found that these slimming products were all three-no products, but the selling price was as high as 300-500 yuan per package.

　　On July 7th, Ms. Li, a citizen of Xianju, reported to the police station in her jurisdiction that she had spent nearly 2,000 yuan on a weight loss coffee from her friends on WeChat, and after drinking it several times, her body appeared dizziness, leg weakness, drowsiness and other symptoms. After examination by the hospital, the value of alanine aminotransferase was seriously high, and liver damage occurred, but this WeChat friend could no longer be contacted.

　　The police entrusted the weight loss coffee purchased by Ms. Li to the market supervision department for testing, and the results showed that the product contained the banned drug "sibutramine".

　　Sibutramine was originally used for adjuvant treatment of obesity, but because of its great side effects, it will lead to increased heart rate and blood pressure, and even lead to stroke and death in severe cases.

　　According to the analysis of police data, it is preliminarily determined that this is a case of extra-large network producing and selling harmful food across provinces. The local seller of Xianju is Chen Moumou, who has online stores on WeChat, Tik Tok and Xiaohongshu, and many of his subordinate agents are Yang Moumou, a WeChat friend who buys products from Ms. Li. After tracing at different levels, it was found that Chen was a couple of Yin who lived in Yangcheng Lake, Xiangcheng District, Suzhou City temporarily, and gradually found out the operation of the intermediate link of the whole manufacturing and selling of harmful food gangs.

　　On September 30th, the public security organs at Taizhou and Xianju, together with the market supervision departments, launched the first round of network-closing operations in Xianju and Suzhou, arresting 6 suspects, destroying 6 sales dens and 1 packaging warehouse, and seizing more than 160 boxes of online celebrity’s poisonous and harmful coffee and candy in various packages, with a case value of more than 5.6 million yuan.

　　According to Yin Moumou and Chen Moumou and others, they don’t produce coffee. These coffees are purchased from the Internet at a purchase price of 80 to 90 yuan per pack. The terminal sales price is 320 yuan, and the wholesale price of the developed off-line Wechat business is around 150 yuan.

　　The police destroyed the production and sales network.

　　After massive data analysis and layer-by-layer tracking, all the clues point to — — Xie Moumou, Zhang Mou and Xu Moumou, Erdaobaihe Town, Antu County, Jilin Province.

　　On November 10th, a frontier arresting group consisting of nearly 20 policemen and market supervision staff from Xianju County Public Security Bureau quietly entered Erdaobaihe Town to start work.

　　In the ice and snow, after a week’s follow-up, the investigators used a variety of investigation methods to grasp the whereabouts of the suspects Zhang and Xie Moumou, as well as vehicles, production dens, warehouses and so on.

　　On November 22nd, the arresting team was divided into two groups. After tracking and observing, they seized the Zhangjia couple, their son and Xie Moumou who were producing and filling and selling online at home in a production den.

　　In the production dens, the staff of the task force saw that the room was covered with dust, not only the environment was messy, but also all kinds of coffee ingredients were randomly packed in bags for animal feed or scattered on the dark ground.

　　Black workshops produce "three noes" coffee

　　After investigation, 27-year-old Xie Moumou and 26-year-old Zhang are lovers. In 2017, Xie learned that adding sibutramine or phenolphthalein to coffee had a significant weight loss effect, so together with Zhang, he purchased coffee raw materials, sibutramine and production equipment from the Internet. Without obtaining the Food Production License and the Food Business License, he rented two simple temporary buildings as the production series "weight loss coffee" for production and filling dens, and the sales warehouse dens were located in the garage beside his home.

　　Zhang and his parents, Zhang Moumou and Xu Moumou, are responsible for the production and filling. Xie used Tik Tok, WeChat, Pinduoduo and other social platforms to communicate and find an agent. Once an order was made, Zhang’s parents used a pseudonym at will to conduct sales and circulation through logistics delivery channels.

　　In order to expand the sales and influence of the products, Xie Moumou promoted the product packaging as a so-called "health food" with high-end import and remarkable curative effect, claiming that all the raw materials of his products were extracted from wild berries in Spain and South Africa without any side effects.

　　Under such packaging and publicity, the weight loss coffee produced by it seems to be a "magic medicine", which is popular among beauty lovers and some illegal Wechat business, and the product sales are very good. According to the preliminary investigation, the national agent sales spread over more than 20 provinces, involving more than 66 million yuan. (End)

-Xiaomi car information first exposure: "Yan value is comparable to Porsche Taycan, and the price may be between 300,000 and 400,000."

Last night, car blogger Han Lu revealed in Weibo that Xiaomi Automobile will appear on the website of the Ministry of Industry and Information Technology recently (the original blog has been deleted), and brought many revelations. Judging from the exposure information, Xiaomi’s first model is positioned as a C-class luxury sedan and will launch multiple versions. According to Lei Jun, founder, chairman and CEO of Xiaomi, Xiaomi Automobile will be listed in the first half of next year.

The blogger also said that Xiaomi Automobile was the first car to position itself as a "C-class eco-tech sedan" (a C-class luxury sedan), and its performance configuration was relatively high. It is said that "the interior space is very good", and the concerned 澎湃 OS also landed on Xiaomi Automobile. In terms of appearance, the blogger thinks that Xiaomi’s first car has a "good face value" and the smooth lines can get 90 points. Taycan is the most suitable one.

Another highlight of this exposure is that Xiaomi Auto will be equipped with the Xiaomi 澎湃 OS system released not long ago. According to previous reports, Xiaomi 澎湃 OS completely rewrote the underlying architecture based on the integration of deeply evolved Android and self-developed Vela system, and made a public base for the future tens of billions of devices and tens of billions of connections.

In addition, the blogger also revealed that the price of Xiaomi’s first model is more than 300,000 yuan, and the high-end version is expected to be nearly 400,000 yuan. Xiaomi has self-developed things in terms of motor, large die casting, battery pack and so on. The rear of the car is marked as "Beijing Xiaomi", which is manufactured by Beijing Yizhuang Xiaomi’s own factory.

-Apple may ban shake-and-jump advertising

"The person who invented the shake advertisement is a genius. Every day when he touches his mobile phone, he jumps to the double eleven special." During this year’s promotion in double 11, the advertisements of "Shake and Jump" flooded, causing many users to vomit.

Chang Le-nian, an insider of the Internet giant, told Time Finance that since November, Apple has informed many domestic head apps to ask them to remove the gyroscope permission, and the shake-and-jump advertisement was banned. Chang Lenian revealed that the company may release a new version of the App and put it on Apple’s App Store. The new version will not shake the jump advertisement, and the specific release time is still uncertain.

The "shake" function calls the gyroscope permission, which was once used by many apps as a means of operation and promotion. Nowadays, many of them are used for advertisement jumping, but some mobile phones do not have the gyroscope permission switch, so users cannot turn it off by themselves. The e-commerce platform puts a large number of jump advertisements on various apps, which can be triggered in different ways, including clicking on the advertisement page, shaking the mobile phone, etc. Once triggered, the mobile phone page will jump to the shopping software.

—Apple’s next-generation iPad Pro or price increase

According to Korean media Korea Herald, the OLED screen designed for Apple’s next-generation iPad Pro will begin mass production in February 2024.

LG Display’s factory in Paju, Gyeonggi Province plans to mass-produce OLED screens as soon as February next year to meet the demand of Apple’s iPad Pro, which is about three months earlier than previously expected. It is reported that the single price of these screens is three times that of the iPhone, so switching to the client may increase the price of iPad products.

-ASUS ROG’s Asuka motherboard was found to have misspelled the full name of EVA.

ASUS ROG launched a series of new EVA Asuka-themed products in September this year. As the products are gradually sold around the world, the "EVANGELION" in the limited edition motherboard of Maximus Z790 Hero EVA-02 Edition was spelled as "Evangelion".

At present, ASUS has not made any comments on this matter, but it is foreseeable that the next collection value of the wrong edition should become higher.

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