"Article 20" premieres in six cities, Lei Jiayin, Mary Zhao Liying interprets the role


1905 movie network news Directed by the realist comedy film has been released nationwide on February 10. So far, the film has accumulated 275 million box office.


On the first day of the new year, that is, the day the film was released, the film held the premiere ceremony of "I Love My Home" in Shanghai, Shenyang, Langfang, Changzhou, Shijiazhuang, Chongqing and Nanjing at the same time. When the family was reunited on the first day of the new year, the main creators,,,, and also brought the film back to their hometowns for the New Year, bringing Chinese New Year blessings to the audiences in their hometowns. At the same time, they exchanged face-to-face viewing experiences and shooting stories before and after the screen, and chatted with the people in their hometowns.


Lei Jiayin, a northeasterner who parachuted into Shanghai, bluntly said that "Shanghai is a new hometown", and also learned the Shanghai dialect to pay New Year’s greetings to the Shanghai audience. When asked about the happy linkage between Ma Li’s first love "Li Kui" in the sketch of the Spring Festival Gala and "Li Kui" in the movie "Article 20", Lei Jiayin explained that the "first love Li Kui" was determined at the stage of the movie script. He smiled and said, "Teacher Ma Li told us to pay attention when watching the Spring Festival Gala last night, saying that there was a New Year’s gift, but it turned out to be’Li Kui ‘."


In addition, Lei Jiayin also humorously refuted the rumor "wife pipe inflammation" on the spot, laughing that this is a common family ecology for Northeast couples, just like Han Ming (Lei Jiayin) and Li Maojuan (Ma Li) in the film. He bluntly said that he wants to integrate the natural joy of life into serious legal themes, and it is particularly important to adjust the scale. The comedy in the film is flowing, and the director calls it "rolling comedy". Many comedy points are improvised on the spot, so he "picks up his hair and worries every day" on the set. Han Ming, a character, "it is more important to become a living person." During his 20 years of studying law and being a prosecutor, although he has compromised in the face of reality, the ideal light of justice in his heart must still be there. Only when the characters in the early stage were realistic enough and down-to-earth enough, the impassioned speech at the end could really enter the hearts of the audience. "During the shooting of the scene, halfway through the line, the actors below began to applaud spontaneously." Lei Jiayin admitted that at that moment, he knew it was "worth it".


Back in her hometown of Shenyang, Ma Li said bluntly that "the earliest flight today landed in Shenyang, and the air is sweet." Speaking of the new film on the screen that she brought back to her hometown this time, Ma Li said that "we are the least afraid of seeing the audience in’Article 20 ‘. As long as the audience goes to the cinema to watch it, they will definitely fall in love with this movie." Speaking of her character Li Maojuan in the film, Ma Li said, "This is a character who has all the good qualities of Northeast women: humor, strength, courage and kindness."


In the film, Li Maojuan is not only eager to take care of the family members of the person involved in the work of her husband Han Ming (Lei Jiayin), but also to solve the dispute between her son Han Yuchen (Liu Yaowen) because of his courage in school bullying. "When I was filming, I also asked myself countless times, what would happen if I were Li Maojuan, and the answer is that I might do the same, and give my child justice. This is the instinct of a mother."


Ma Li also revealed on the spot that she let her child start learning taekwondo for self-defense when he was 1 year old. "My own education for children is that you must never take the initiative to hit people, but you can’t be bullied when others hit you." Regarding Li Maojuan’s character, Ma Li said, "She is not just a funny character with a lively atmosphere, but also a great woman." And when it comes to her acting career, Ma Li is even more so. "I once said that I am a treasure actor, and many people may only see my comedic side, but in fact we can interpret comedy dramas. As an actor, I am very willing to create different types of characters and challenge more layered and complex characters. Li Maojuan in" Article 20 "is also one of them."


Langfang is the filming location of the movie "Article 20", and it is also Zhao Liying’s hometown. This roadshow, Zhao Liying returned with this work shot in her hometown and handed over this precious "answer sheet" to her parents and villagers. She bluntly felt warm and wonderful. Every scene during filming will evoke childhood memories. I believe that people in my hometown will feel wonderful when they see these familiar scenes in life appear on the movie screen.


"In addition to sign language learning, it is more important to grasp the inner emotions of the characters. How to express Hao Xiuping’s inner pain, helplessness and tenacity without using her lines is the most relevant to the character’s soul." Zhao Liying said that Hao Xiuping’s fate in the film is sympathetic, but "because she met a group of people like Han Ming, Li Maojuan, and Lu Lingling, she felt that there is still warmth and love in the world, and she was also lucky."


Gao Ye, who was "born in Changzhou and raised in Changzhou", returned to his hometown in Changzhou to meet his fellow villagers and hand in his film works for the old family to review, and felt very nervous. After 14 years of working with Zhang Yimou again after the film, Gao Ye’s character Lu Lingling and her Changzhou girl also have a similar side in their bones. "For the sake of justice, a little shaft, a little tiger, and a little stunned. In Changzhou dialect, it is stubborn." And Gao Ye also admitted that this idealism in the character is what attracts him.


"As I acted, I suddenly felt a sense of mission, a sense of responsibility, and the phrase’what we do is not a case, but someone else’s life, ‘could not help but blurt out," Mr. Gao recalled, referring to a real female prosecutor whom he met when he was experiencing life. "As female prosecutors, they have not only the authority of legal workers, but also a unique feeling because of the natural compassion in their hearts." This unique sensibility is also reflected in the female mutual assistance of the three characters in the film, Li Maojuan (played by Ma Li), Hao Xiuping (played by Zhao Liying), and Lu Lingling (played by Gao Ye). Talking about this, Gao Ye sighed, "It is precisely because of the kindness of people who silently stick to and support each other that they converge into a little bit of starlight to illuminate the entire night sky."


Chongqing "Yaozi" Liu Yaowen’s return to his hometown for a roadshow as an "actor" is undoubtedly the most significant coming-of-age ceremony for the 18-year-old boy. In addition to his real home in Chongqing, Liu Yaowen also formed a warm and happy little home with his father Han Ming (Lei Jiayin) and mother Li Maojuan (Ma Li) in the movie "Article 20", and gained the audience’s nickname "JQK Family". Speaking of the family of three in the film, Liu Yaowen said with a smile that "my father is’raking ears’, and my mother is a person who loves me very much and loves this family very much. At home is the brave and kind Queen."

When asked about the mood of running for the first time, Liu Yaowen bluntly said that there was a lot of pressure, but he also said that "I learned a lot from Lei’s parents when I recorded the interview before." In addition to asking for the experience of the roadshow, Liu Yaowen, who formed the "JQK family" with two Northeast actors, also successfully became a half Northeast person in the group. Not only did he praise Lei Jiayin from the air, but he also reproduced Lei Jiayin’s lines in Northeast dialect "Our Prince" on the spot. The roadshow scene was full of laughter.


At the scene after the film in Nanjing, Wang Xiao returned to his hometown with the movie "Article 20" to pay New Year’s greetings. This time, his character "Tian Jian" in the film is a well-behaved prosecutor who does everything according to the rules. It is because Gao Ye’s "Lv Lingling" played by him has touched him, which makes this character recall how he originally viewed the profession of prosecutor "pleading for the lives of the common people" when he was young. Talking about this re-cooperation with old friends such as Lei Jiayin and Gao Ye, Wang Xiao said that the tacit understanding between actors is sometimes very interesting. "It is like playing games when you are a child. Compared with games, it is more like a competition. Everyone competes to see who can play more level."

Wang Xiao also responded to the audience’s questions about the ringtone of Han Ming’s mobile phone, revealing the secret on the spot that the "rooster" woke up the sleeping people, and those who woke up kept moving forward on the way to wake up the sleeping law, waking up more people. In the film, Lu Lingling (played by Gao Ye) and Han Ming (played by Lei Jiayin) not only awaken the sleeping career of Tian Jian (played by Wang Xiao), an old professional, but also awaken the kindness of many characters in the film.


The movie "Article 20" was released on the first day, with a score of 8.0 on Douban, 9.4 on Weibo, 99% on Big V, 9.6 on Maoyan, and 9.5 on Taotao, winning praise from thousands of viewers. When it comes to the film’s realistic theme, he praises "the largest film in recent years, the highest legal literacy, and the closest to the common people", praising "the integration of comedy style into the theme of law popularization, which is very suitable for a family to watch during the Spring Festival, and it is easy to understand in simple terms"; when it comes to the film’s narrative, he praises "three cases and three clues are intertwined, and none of them is a waste. I haven’t seen such a silky movie for a long time"; referring to the characters in the film, netizens bluntly said "To be honest, the way that Mary and Lei Jiayin get along with each other doesn’t look like acting. This noisy bickering is just like my parents’ daily life." Regarding the characters’ relentless search for justice in the film, the audience lamented that "this world may not belong to idealists, but it must not be without idealists," and said that "a work brings a sense of justice to life, gives people a little strength, and we all hope that this world will be better."


[Grassroots wind collection] Two or three things to warm the heart in summer

Every summer vacation, children travel to play and relax. At the same time, legal education cannot be stopped. "Procuratorial Blue" accompanies them all the way

Two or three things to warm your heart in summer

Accompanied all the way

[Beijing: Fangshan District People’s Procuratorate]

Summer vacation is coming, how is he? Did he listen to everything I said? I don’t know if he can keep up with his studies after returning to his hometown?

I am a prosecutor in the juvenile prosecution department of the Fangshan District Procuratorate in Beijing. The child I am very concerned about, named Xiaoqiang (pseudonym), is the alleged offender of a robbery I once handled.

Xiaoqiang is the youngest child in the family, and his parents come to Beijing to work and grow vegetables for a living. Xiaoqiang went to an Internet cafe to surf the Internet during the holidays. After coming out of the Internet cafe, he felt that he had not had enough fun but he had no money. When he saw a woman passing by, he suddenly wanted to grab some money, so he hit her on the head with a branch from behind. After the victim was beaten, he began to cry for help. Xiaoqiang was afraid and turned his head to run away, but was eventually captured by the public security police.

Xiaoqiang is a minor. During the investigation stage, he hired a legal aid lawyer. With the help of the lawyer, Xiaoqiang’s mother compensated for the victim’s losses and obtained the victim’s understanding. Our hospital finally decided to make a relative decision not to prosecute Xiaoqiang based on the case. At the admonition meeting to announce the decision not to prosecute, the police, lawyers, social workers, and Xiaoqiang’s family all came to the scene. I announced the decision not to prosecute, and criticized and educated Xiaoqiang in the form of a letter from the prosecutor. Xiaoqiang said that in the future, he must study hard, live up to everyone’s help and expectations, and never do anything illegal again. After the decision not to prosecute was announced, the social worker followed Xiaoqiang for 6 months.

With a phone call from Henan, my hanging heart was relieved. On the phone, Xiaoqiang told me that he had returned to the classroom at his hometown school, living a fulfilling and happy school life like every child his age. During the summer vacation, he had to make up for his homework and make up for lost time.

Focusing on the management of Internet cafes, our hospital and the Fangshan District Cultural and Cultural Commission continued to strengthen cooperation. The District Cultural and Cultural Commission made an administrative penalty decision on the Internet cafes involved in the case in accordance with the "Regulations on the Management of Internet Access Service Business Places".

We hope that through our continuous efforts, we can create a safer growing environment for children. On the road to growth, "Inspector Blue" will accompany you all the way.

(Zhang Min)

The power of inheritance

[Beijing: Mentougou District People’s Procuratorate]

I have been a prosecutor for 33 years, and now I am a prosecutor who has not been a prosecutor, and I am also a vice principal of the rule of law. Every summer vacation, I go to various communities in this district to give lectures on the rule of law, and I have persisted for more than ten years. In order to fill the gap in children’s holiday legal education and effectively penetrate into the field of legal education for minors in the community, our hospital has also built a "legal service station for minors" in Shimenying District 5 of Mentougou District. Activities such as legal publicity, legal consultation, and parenting education have been carried out vividly. Today, this service station has become a "demonstration station of Lei Feng Volunteer Service Station for Capital Learning".

On the first day of the children’s summer vacation, I came to Zengdong Community in Dayu Street early. This summer activity was not my own action, but the launching ceremony of the "Vice Principal of Law Summer Community Classroom" was moved here in conjunction with the Youth League District Committee.

In order to do a good job in the inheritance of legal popularization work, the vice presidents of the rule of law in our hospital have been selected through layers of selection to stand out. In order to further improve the professional level of the vice presidents of the rule of law and the ability to publicize the law, we conduct level-by-level assessments through speeches, professional comments, etc. There are not only senior prosecutors handling cases on the front line, but also a group of young prosecutor assistants who graduated from Tsinghua University, Peking University, and China University of Political Science and Law with solid theoretical skills and youthful vitality.

After the launching ceremony, I led the newly elected Vice Principal of Rule of Law to give lectures on the rule of law in Zengdong Community and Huimin Home Community entitled "Happy Summer Vacation, Safe No Holiday". Guided and interactive teaching, with one movement, one quietness, one question and one answer, not only increased the fun of children’s summer Fa study, but also enriched their summer life.

After the lecture, we also distributed legal pocket books such as "Prosecutors Around" and "Learning to Protect Yourself" edited by our school to students and parents, as well as a letter to parents. Next, I will also lead the newly elected vice principals of the rule of law to various communities to carry out legal education, hoping that the children will have a happy, safe and meaningful summer vacation. As an old prosecutor, I saw the demeanor of the young vice principals of the rule of law; as the first batch of vice principals of the rule of law in our district, I saw the power of inheritance; as a mother, I saw the seriousness and smiles of the children when they studied the law. I think I am also happy this summer!

(Liu Yuxia)

Little Guard

[Beijing: Tongzhou District People’s Procuratorate]

At half past nine in the evening, it was already dark, and there were bursts of children’s laughter playing downstairs and the familiar chirping of cicadas on a hot summer night. It was another summer vacation, and it was also the happiest time for children. But I couldn’t help but sigh deeply. I recalled a case I had just handled a few days ago. An innocent child had been violated during a happy summer vacation.

The children are on summer vacation, but the parents still have to work hard, which has led to some children being sent to grandparents’ houses, to childcare centers, or to "small dining tables" that can be hosted and eaten.

Little do we know that criminals may be all around us, and if we are not vigilant, we may extend our sinful "black hands" to the babies. It is essential to improve children’s self-protection awareness and ability.

One of the important functions of illegal work is crime prevention, and it is also our important duty to protect the safety of children, so we are also called "prosecutor mothers". At the beginning of this summer, I went into a community and gave a legal lecture on "self-protection" to the children in this large community who were on summer vacation, so that they could have a happy and smooth summer vacation.

The children who participated in the activity were all children in junior high school and primary school in the community, all of whom were lively and cheerful. I put forward the slogan "Strive to be a summer self-defense guard" to them, and introduced their important rights such as the right to life and health, and what kind of behavior is an illegal infringement of their rights.

In order to let the children have a personal experience, I designed 4 interactive small sessions to let the children understand the routines of "bad guys" in reality through situation performances. Several scenarios such as impersonating real-world friends, waiting for opportunities to steal and grab, and taking advantage of kindness were also set up. What makes me relieved is that the children who participated in the interaction had a strong sense of self-protection, and they were able to resolutely resist all kinds of deception proposed by "bad guys", and they could also consciously protect themselves. The children’s outstanding performance was applauded and appreciated by the parents at the event.

I told the children about real small cases that happened around them, telling them that danger may be around. By teaching the children the "tricks of self-protection", I taught the children how to learn to protect themselves and stay away from danger during the summer vacation.

(Tian Yunhui)

"Takeaway Brother" New Beginning

[Beijing: Fengtai District People’s Procuratorate]

Summer vacation can be said to be the most anticipated vacation for students in school. There are many activities such as travel, summer camps, and tutoring classes. But for school dropouts, summer vacation seems to have lost its meaning, but this summer vacation is of great significance to Xiao Lang (a pseudonym). During the summer return visit, Xiao Lang said to me: "When I got the decision not to prosecute and walked out of the door of the procuratorate, I felt very relaxed."

Worried and taciturn were my first impressions of Xiao Lang. It was in October 2017 that I first met Xiao Lang, a 17-year-old boy who was transferred to our hospital for investigation and prosecution on suspicion of buying and selling identity documents. His mother accompanied him. Throughout the process, Xiao Lang looked solemn, often playing with his fingers with his head down, and kept repeating the sentence "I just want to deliver a few more takeaways on my motorcycle." Xiao Lang’s mother was also very perturbed and kept asking what the final outcome of this case would be. Under our constant comfort and guidance, Xiao Lang’s situation gradually became clear.

Xiao Lang dropped out of school to work in Beijing due to his poor family and found a job as a food delivery worker. After a few days of delivering food by riding an electric car, he found that the motorcycle had good maneuverability, high speed, low fuel consumption, and low food delivery costs, which could save a lot of money compared to riding an electric car. However, Xiao Lang was under the age of 18 at the time, and according to regulations, minors could not obtain a motor vehicle driver’s license, so they could not drive a motorcycle to deliver food. But in order to reduce the pressure of his mother’s cleaning work to subsidize the family, Xiao Lang still chose to take the risk. He bought second-hand motorcycles and fake driving licenses, driver’s licenses, license plates and other documents through second-hand online shopping, and began to ride motorcycles to deliver food. Last July, Xiao Lang was caught riding the motorcycle to deliver food and was subject to administrative punishment. In September, he was seized by the public security police for riding the motorcycle to deliver food. The public security organ transferred Xiao Lang to our hospital for review and prosecution on suspicion of buying and selling identity documents.

After understanding the case, I patiently explained the case to Xiao Lang. He quickly realized his mistake. In view of his good attitude of confession and repentance, the purchase and use of a false driver’s license was necessary for food delivery, and the social harm was relatively small. At the end of last year, our hospital made a conditional non-prosecution decision against Xiao Lang according to law, with a 6-month inspection period.

I have kept in touch with Xiao Lang and his parents, kept up with Xiao Lang’s current situation, and regularly helped Xiao Lang with the social worker. One day in March this year, during the conditional non-prosecution period, Xiao Lang called to tell me that he had successfully obtained a motorcycle driver’s license. Hearing the excited voice on the other end of the phone, I was also sincerely happy for him.

As an unprosecuted prosecutor, I am responsible for the work of the "arrest, prosecution, supervision and prevention" system. In addition to handling the case itself, I should also jump out of the case and think about what else I can do. It is through the guidance and help of delinquent juveniles in case handling practice that I have a deeper understanding of the "education, probation, rescue" policy, "education first, and punishment second" principle.

(Chen Shasha)

Send the teenager home

[Beijing: Shijingshan District People’s Procuratorate]

Another year of summer vacation arrived. Looking through the desk calendar, I suddenly found that the boy who stole the electric car, Xiaoyu (a pseudonym), was about to receive his 8-month sentence. July 15 was the day he was released from prison.

From taking over Xiaoyu’s case to the final prosecution, I have poured a lot of effort into him, and he has great trust in me. However, he has no relatives in Beijing. What should I do after he is released? If I want to go home, I will definitely have no money, and if I stay in Beijing, I will not have the skills to make a living. Thinking of this, I decided to visit him and send him home.

Time to go back to the beginning of the case. This was a serial theft of electric vehicles and motorcycles. The gang of criminals was a group of young people, all from a poor mountainous area. They were instigated by fellow villagers "Brother Wang" and were tricked into coming to Beijing to "find a way to survive". "Brother Wang" taught the children how to unlock and steal electric bicycles. After selling the stolen goods, he collected all the stolen money by himself, and only gave the children barely enough money to fill their stomachs. After several lucky successes, Xiaoyu and others were arrested in Shijingshan District. By this time, he had accumulated 10,000 yuan worth of property.

During the review process, I found that the ID number and name reported by Xiaoyu did not match. It turned out that Xiaoyu had been a "black household" since birth and did not have her own ID card. In order to find out Xiaoyu’s exact identity, and to gain a deeper understanding of Xiaoyu’s living environment and growth experience, I came to Xiaoyu’s hometown with the public security officers.

The local police station environment is very simple. There is only one table in the whole office. My clerk had to lie on the motorcycle to take notes to verify Xiaoyu’s identity. Looking at these scenes, I feel sorry for these children who were used outside and committed crimes from the bottom of my heart.

After returning to Beijing, our court prosecuted Xiaoyu according to law, and he was eventually sentenced to eight months in prison by the court.

On July 15, the day of Xiaoyu’s release, the Juvenile Division of the Joint Court of our hospital and the public security department launched the "Send Xiaoyu Home" joint rescue activity. Before parting, I once again instructed Xiaoyu: "After returning home, you must learn a skill well and create a happy life with your own hands." Xiaoyu bowed deeply to me and the judge and embarked on a new journey of life.

As a prosecutor in a non-prosecution department, reviewing the facts of the case and grasping the evidence in the whole case is only the beginning of the work. Minors are fragile and vulnerable, ignorant and easily deceived, extreme and soft and easily influenced. Because of this, we also need to understand the growth experience and personality characteristics of minors, help them get out of mistakes, rebuild confidence, and become useful talents in society.

(Cheng Yu Qing)

Receive an offer of admission

[Beijing: Haidian District People’s Procuratorate]

Just before summer came this year, I received this text message: "Sister, I have been admitted to a 211 university!"

Although the text message is simple, I can feel the joy revealed on the other end of the mobile phone through the screen. In fact, who would have thought that the teenager with excellent results who sent the text message is not my relative or friend, but an alleged offender who was once conditionally not prosecuted by our hospital. His suspected crime is drug-related crimes.

Four years ago, when this drug trafficking case was on my desk, I flipped through the case file: the facts of the case are clear and the evidence is solid. But when it comes to minors, conditional non-prosecution in different places, criminal record sealing, etc., things are complicated. I have been following this case for four years.

I still remember the first time I met him and his mother and brother. I was still a little worried that it would not be easy to communicate with them, but seeing their sincerity, I was moved. The teenager made mistakes, and his mother did not give up. She always encouraged him, exhorted him to cherish the opportunity, actively rehabilitated, and contacted the school to welcome him back to study.

Considering the situation of cracking down on drug crimes, our hospital is still very cautious about whether the juvenile can be conditionally not prosecuted. To this end, our hospital held a hearing and invited the undertaker of the public security organ, the family of the juvenile, the protector of minors, and the deputies of the National People’s Congress to discuss together. Everyone believes that the punishment of minors should be based on the growth and rescue of minors involved in the crime.

The local prosecutor in the teenager’s hometown who assisted us in our investigation and education, she routinely talked to the teenager every month and paid home visits. I still remember that in the conversation records she wrote, the teenager once called me and the local prosecutor sister. I believe it was because we really considered him, respected him, cared for him, and helped him that the child developed a sibling-like trust in the prosecutor.

With the joint efforts of all parties, the 17-year-old returned to the third year of junior high school. The 6-month inspection period was quickly passed, and the case was finally not prosecuted according to law. We have been in touch since then, and we have heard good news from him from time to time. He passed the art specialty exam and was admitted to a key high school.

From a teenager who went astray to a college student today, I believe he will have a better life in the future. I am happy to be able to participate in this process and witness his growth.

(Yu Yanli)

Manuscript coordination: our reporter Yang Yonghao, cartography: Zhang Xuehui

Whose "cheese" will China Evergrande liquidate?

After China Evergrande (hereinafter referred to as Evergrande) issued the liquidation order, the outside world launched a comprehensive discussion on the giant company, the most critical of which is what the company will go through in the next stage, which assets will be disposed of, and how will it end?

In order to better sort out the next step of Hengda, Blue Whale Finance and Huisheng International Capital President Huang Lichong, who has many years of experience in workout and bankruptcy reorganization, made in-depth exchanges and detailed combing.

The Hong Kong court issued a winding-up order to China Evergrande, the Hong Kong-listed platform with the stock code 03333.hk, which means that the company to be wound up is also an asset at the level of the listed platform, including the sale of shares held in subordinate "subsidiaries" and the potential liquidation (if found to be of material economic significance).

After the appointment of the liquidator, the work of the liquidator will also be carried out around the listing platform, including the disposal of physical assets, brands and intangible assets, but it is not responsible for solving the problems of all its subsidiaries, which is not a matter for the liquidator to consider. The matter for the liquidator to consider is how to get the most debt recovery for the creditors of the listed company. The recovery of shareholders will not be given priority. According to Evergrande’s situation, if there is no workout, the shareholders will basically have zero recovery.

What is winding up? Who does the liquidator serve?

This is the first step in understanding Evergrande’s next direction. According to Huang Lichong, the so-called liquidation means that the liquidation officer will dispose of the assets of China Evergrande listed companies after confirming that Evergrande is bankrupt, including valuable assets and the equity of its subsidiaries. However, from an "economic" perspective, only some assets and equity that can bring income to creditors will be dealt with, and the part that cannot bring debt recovery will not be cleaned up first. Whether to clean up without bringing debt recovery depends on the responsibility given to the liquidation officer by the court.

Liquidation and Bankruptcy. Conceptually, one is a means and the other is a legal definition. Liquidation is the process of closing down a company, in which the company’s assets are sold to repay debtors. This forced liquidation occurs when creditors, courts, or other interested parties demand that the company be dissolved. The ultimate purpose of liquidation is to end the existence of the company, realize the company’s assets, and distribute them to creditors in accordance with legal priority. Bankruptcy is a legal process that often involves the forced liquidation of a company, in which the company ceases operations and its assets are sold to pay off its debts.

The liquidator did not liquidate the assets of Hengda’s listed company at all levels, and liquidating the parent company did not mean that the subsidiary would be liquidated. The subsidiary would only be sold or apply for voluntary liquidation if the creditor recovery was increased. Because the liquidator’s responsibility was only to recover the last valuable assets for his creditors and shareholders, the subsidiary without recovery value would not be touched.

If the liquidated assets have no recovery value, but instead generate a lot of costs for the subsidiary, there will also be a statutory liability issue for the liquidator. The liquidator cannot spend too much of the liquidated company’s funds to bring valuable recovery to creditors.

In the process of disposing of assets, it is necessary to consider the cost comprehensively and maximize the return of creditors. The interests of Hengda equity holders are among the secondary considerations. This is the test of the liquidator. He needs to weigh which assets are worth clearing and find the corresponding receiver.

According to public information, Alvarez and Marsal, the liquidator appointed as China Evergrande, is an internationally renowned enterprise rescue and liquidation company.

After the appointment of a liquidator, what assets can he dispose of? Does he have the right to dispose of domestic assets?

Huang Lichong said that although the liquidator theoretically has the right to appoint directors of subsidiaries and then appoint directors of next-level companies to deal with all domestic and foreign assets of Evergrande, it must be sorted out according to the equity ownership relationship, and the creditor’s rights of non-listed companies can be repaid according to each level before distribution.

From the perspective of liquidators, they mainly serve the creditors of listed companies, considering that the assets that can be distributed to shareholders or creditors after liquidation may mainly come from overseas rather than domestic. Because most of the assets in China are mortgaged or preserved by domestic creditors, even if someone takes over, after distributing them to secured debtors and non-mortgaged domestic creditors, the assets that can achieve income distribution are estimated to be very small, or even zero.

For projects with ownership in China, the liquidator will send a letter informing them that the sale, disposal or major decisions of assets must be approved by the liquidator, but generally will not interfere with or even participate in the operation of domestic projects.

Huang Lichong believes that although Hengda has said that it will steadily promote the normal operation of the group’s business, after the liquidation order is issued, it will definitely have an impact on Hengda’s business operation. In the future, project companies in various regions can only seek "self-help" and "self-governance", and the flexible capital scheduling support from the group will be reduced. Coupled with the blessing of the liquidation order, the initiative and enthusiasm of Hengda’s management may be affected, and the layoff of redundant employees will also be accelerated.

How to deal with the subsidiaries of listed companies that cannot be sold by the liquidator in the future?

Mr. Huang said the assets could be wound up voluntarily and a new liquidator appointed by the court. He did not rule out a future workout with domestic creditors with the support of white warriors at the subsidiary level, and finally out of the control of China Evergrande.

Regarding China Evergrande’s Hengda property and Hengda Automobile, Huang Lichong said that property companies are likely to seek a sale, and Hengda Automobile may find it difficult to find a takeover target in the current environment, and it is difficult to say whether it will eventually follow in the footsteps of China Evergrande.

Huang Lichong pointed out that according to the bankruptcy liquidation schedule of Shenzhen Guangyao Group, the former took seven years, while for China Evergrande, which has a large amount of debt and a complex structure, the time to complete the liquidation will undoubtedly be longer.

Data show that as of the first half of 2023, Hengda’s total debt was 2.3882 trillion yuan, excluding the advance payment of the debt was 1.7842 trillion yuan, and the total assets were 1.7439 trillion yuan.

Huang Lichong estimates that after the entire Hengda Group is completely liquidated, Hengda’s relevant stakeholders, including suppliers, joint venture shareholders, shareholders of listed companies and various groups and group subsidiaries, after creditors recover the remaining value, including the previous share price loss, the estimated cumulative loss may reach 2.50 trillion yuan.

Peng Yuyan’s old photos were exposed 30 years ago, and the big eyes of the lid head turned to netizens

1905 movie network news On March 25, Peng Yuyan posted a photo with his cousin 30 years ago through Weibo, and added, "My cousin turned to the old photo of 30 years ago, when I was very young and cute. When my grandmother was busy, she would help take care of me. In her impression, I was only 6 or 7 years old, not 37 years old. Time really flies, cherish the present, and live in the moment." In the photo, Peng Yuyan is wearing a white T-shirt with a pot cover head, his mouth is slightly pouted, and his eyes are staring at the camera with piercing eyes. She looks very cute. The cousin is wearing a black and white color scheme, black shawl hair, and smiles in the mirror, which is bright and moving.


It is reported that yesterday was Peng Yuyan’s 37th birthday. On his way to the fourth day, Peng Yuyan said that he had "taken another step towards a mature man". The old childhood photos released today made netizens once again lament the immortal appearance of the male god of Eternal God from childhood to adulthood. Many netizens rushed to the comment area immediately to comment, "Brother, you really have grown from a little cutie to a big one", "A good-looking person has always looked good since childhood"


Deng Chao invited to take pictures of the "trash can" long holiday to do environmental protection


Deng Chao

    The National Day holiday is coming again. I believe that many readers will choose various ways to spend a leisurely long holiday. There are tourists, people who search for delicious food from all over the world, people who stay at home to read books and watch DVDs, and people who go home to accompany their relatives… In fact, many times they choose passively. Every time they go on the holiday, many people are very torn: where to play? What to play? The major attractions are full of people, taking commemorative photos of "this visit" in the crowd, tasting food in the crowd and staring at you at any time. It seems that it is difficult to make people fascinated, so there are more and more otaku otaku women. 

  During the seven-day National Day holiday, in addition to enjoying the mountains, water, eating, drinking and having fun during the trip, or staying at home to watch DVDs and completely relax, how can we leave a memorable mark on the trip to the festival? Traveler Li Songtao advocates making a responsible trip and experiencing love during the trip. From today onwards, the Chengdu Business Daily Culture News Department launched a special planning report on "National Day holiday, star tour guides will take you to play together". Every day, a star tour guide, a way to celebrate the festival every day, see how the stars celebrate the festival differently, and listen to how the stars travel briskly. Maybe the holiday arrangements of star tour guides can be used for your reference – –

Today’s main star tour guide

Deng Chao playing photography

  Today, the first "long holiday leisure tour guide" we launched for you is the popular star Deng Chao. Deng Chao, who loves to travel and photography while taking a break, named his photography "Super Perspective", and looks forward to holding his own photography exhibition someday. During this year’s National Day holiday, Deng Chao advocated an environmentally friendly trip, collecting garbage on the way and taking pictures of unique trash cans.

  Recently, Deng Chao came to Chengdu to promote his participation in the performance. In an exclusive interview with a reporter from Chengdu Business Daily, Deng Chao admitted that his hobby is photography, and he and his girlfriend Sun Li are both enthusiasts. There are many people traveling on National Day, and Deng Chao reminds everyone not to forget to bring a camera when traveling to record the beautiful moments. At the same time, Deng Chao hopes that travelers will take care of the environment and respond to his call to shoot some distinctive trash cans. In addition, Deng Chao also commissioned Chengdu Business Daily to collect photos of trash cans taken by fans. He will comment on these photos in Chengdu Business Daily, and lucky fans will also receive a photo album signed by Deng Chao.

National Day Arrangement

Go back to Nanchang alone to accompany your parents

  During the National Day holiday, because his girlfriend Sun Li was filming a movie, Deng Chao could not travel with her, so Deng Chao planned to return to his hometown of Nanchang to accompany his parents. "I have made two TV dramas and one movie this year, plus the intensive promotion of’Di Renjie’s Tongtian Empire ‘, and I have never rested, so before the next movie starts, I will give myself and my family some time to relax completely. Read books that I haven’t finished yet, listen to music, and maybe prepare for my new record."

Travel inspiration

It’s a chance for self-awareness

  Like many readers, Deng Chao also loves to travel. Deng Chao said: "Travel is a man’s favorite time. I enjoy and pursue a heart as free as the wind. I also use my own eyes to capture the gifts given to us by the years. In these silent surroundings, there are often many stories." Deng Chao said that travel can change the mood of the usual stereotypical life: "I think everyone can relax their mentality after a few months of busy work, away from their usual work and life, and see the scenery elsewhere." In Deng Chao’s view, travel is not only an opportunity to relax, but also an opportunity to re-recognize oneself, and you will discover many potentials. For example, during a trip to New Zealand, he tried bungee jumping, challenging his psychological limits. From struggling to conquering to gaining pleasure, Deng Chao felt a sense of growth.

Love photography

Describe the world from a "super perspective"

  Deng Chao always carries a camera with him every time he travels, and uses his unique perspective to experience the wonders of the world. The angle of the scenery entering his lens is very special, and Deng Chao calls himself "Super Perspective" – completely belonging to Deng Chao’s perspective. During his travels, Deng Chao often "travels the world" by himself with the camera on his back. "I don’t know when I fell in love with photography. I really hope that one day I can hold my own photography exhibition and use my lens to describe the world." Due to his love of photography and travel, Deng Chao has published a travel journal "Chao and Superman – A Magic Life in the Film Kingdom", which takes readers to experience the beauty and culture of New Zealand, and records another feeling of life with the lens.

  Deng Chao also told a reporter from Chengdu Business Daily that when it was broadcast, he and Sun Li specially launched a "pure love is solid – sweet moment pictures" collection activity. They hope that everyone will record the beautiful emotions in life through pictures, and show the love that gives people warmth and strength. "The sweetness in life is by no means deliberate, and it is not necessarily formal. On a long-distance plane, covering her sleeping with a blanket; walking hand in hand on the beach under the setting sun is very sweet. It is reported that Deng Chao’s photography skills have won the favor of Sun Li’s mother. It is reported that he has tried his best to be a photographer every time, and has taken many memorable moments for Sun’s mother.

Pay attention to environmental protection:

I plan to shoot 100 trash cans.

  Because of his extreme concern for environmental protection, Deng Chao now shoots the most trash cans, and his wish is to shoot 100 trash cans in the world in the shortest time. As for why he shoots trash cans, Deng Chao said: "What impresses me deeply is that when I see very clean trash cans abroad, not only is the trash classified, but the trash can itself is like a work of art. I can even take pictures with them. I admire this level of environmental awareness and civilization. In fact, a small trash can can convey a lot of information." Deng Chao said that he hopes that everyone will also bring their cameras to shoot trash cans during the festival to remind everyone to take care of the environment together. Photographs of fans participating in the shooting should be sent to the event email: shihaosky@hotmail or shihaosky@tom, submission time: October 1 – October 8 at 12:00.

Deng Chao’s recommended travel itinerary

MILAN – Fashion and leisure in one

  As for the memories in the camera, Deng Chao said that his favorite is this year’s trip to Milan, Italy. Deng Chao took thousands of photos during this trip to Milan, and he specially recommended this place to friends who like to travel – because September and October coincide with the 2011 Milan Spring and Summer Fashion Week. The scene of famous designers, fashion magazine editors, supermodels and celebrities walking together can really make people dazzled and overwhelmed.

  Milan is a city of slow life everywhere, Mr. Deng said, with stores closing around 7:30 p.m., leaving only restaurants and bars. The European style of leisure is vividly reflected here. On Sundays, most shops are closed all day, and everyone can get a complete rest. "The city is filled with a cold artistic atmosphere, and there are not so many people on the streets. In this urban environment, you can easily enjoy the sun, the air, and even every minute of life. I heard from friends before that Italians and Chinese are very similar in many ways, so you can experience it." Deng Chao believes that the charm of a city is best reflected by the people living in the city. Deng Chao once saw many couples or three generations of old and young sitting together watching football at the San Siro stadium. "They are happy because they have a holy city where they can release their enthusiasm."

  Before going to Milan, when Deng Chao started packing his bags, he had already thought about what he wanted to shoot! Professional cameras, point-and-shoot cameras… Because different cameras can shoot different effects, DUOMO Cathedral, San Siro Stadium, Peace Gate, La Scala Opera House… All these buildings were snared in Deng Chao’s lens.

Up! Up! Up! "Delivery Freedom" is leaving us

  [Livestock Investigation Bureau]

  Editor’s note:

  This is the People’s Livestock Investigation Bureau. See what people have not seen, and investigate changes in people’s livelihood. Pay attention to what you want to pay attention to, what you don’t pay attention to, and investigate what you want to see and haven’t seen.

  China News Service client side Beijing March 26th, question:Up! Up! Up! "Delivery Freedom" is leaving us

  Author: Xie Yiguan

  Takeout is getting more expensive!

  After "Cherry Freedom" and "Toon Freedom", "Takeaway Freedom" is also leaving us.

  "In recent times, takeout has become more expensive. Before, 20 yuan was enough to eat, but now 25 yuan is not enough," said Liu Jiang, a human resources system developer in Beijing.

  Liu Jiang was not the only one who found that takeout had become more expensive. "I order takeout now to see which one is cheaper." "I order Malatang and order similar dishes as before, but the price is a little more than before."

  Takeaway delivery staff deliver takeout to student dormitories. Photo by interviewee

  "When I was in college, I ordered takeout if I didn’t want to eat in the cafeteria. A braised chicken and rice was less than 10 yuan, and two cups of milk tea were just over 10 yuan," said Shen Li, who has been in the workplace for two years. "At that time, takeout was very cheap, and now you can’t find it at this price."

  Price-break discounts less

  When ordering a takeaway, consumers typically need to pay for food, packaging, and delivery. If there are price-break discounts or vouchers, the cost can be reduced accordingly.

  Due to his inability to cook, Liu Jiang didn’t even buy pots and pans when he came to work in Beijing for two years. If he was hungry at home, he would often order takeout.

  Recently, he found that the price-break discounts of takeout are significantly less. "I order takeout completely out of experience, and I usually use price-break discounts to make myself more cost-effective. Recently, I obviously feel that the price-break discounts are less. Several people around me have also told me that takeout is expensive."

  Screenshot of takeaway order

  "After the Spring Festival, takeout is really expensive, not only the full price is reduced, but the starting price is also higher," said Jiang Si, who works in new media in Beijing. "There used to be takeout under 20 yuan, but now there are more than 20 yuan. I am very grateful."

  Why do merchants reduce price-break discounts?

  A staff member at a restaurant in Xicheng District, Beijing, told reporters that the recent cancellation of price-break discounts in the store was mainly due to the fact that the platform had the same price as the dishes in the store, and the sales volume of the platform was similar to that in the store. However, after the platform reached a certain amount, it had to charge a certain set fee, which did not make the restaurant any money.

  Delivery fee increases

  In addition to lower price-break discounts, the increase in delivery fees has also been confirmed by consumers and delivery staff.

  Some netizens reflected, "One afternoon I wanted to drink milk tea, so I opened the takeaway platform and saw that the delivery fee of the one I ordered before had increased."

  Liu Jiang also said, "The delivery fee used to be mainly 5 yuan, but now it has risen slightly, and 6, 7 and 8 yuan are more."

  The reporter noticed that, from the perspective of consumer feedback, compared with the previous delivery fee of 3-5 yuan, the current delivery fee for a takeaway often costs 6-8 yuan, and sometimes it also encounters a situation of 9-10 yuan. The distance may be as high as 15 yuan.

  Data map: Delivery staff An Xing on the way to deliver food. China News Agency reporter, Lu Ming, photo

  More than one delivery staff revealed that the delivery fee is determined by the delivery platform. Although the delivery fee has increased, their income has not increased, and they should still take as much as they want.

  A merchant with a store in Fengtai, Beijing, also told reporters that the delivery fee is currently paid by the buyer and the merchant together, and the delivery fee is determined by the platform. "Price-break discounts are determined by the headquarters. At present, the full 25 is reduced by 18, and the full 49 is reduced by 21. As for the commission, the platform will increase it from time to time."

  Merchant: It’s not the price you raised.

  Many takeaway merchants said that the price increase of takeaway is not their own price, but the delivery fee and the platform’s commission (commission) are getting higher and higher, resulting in high settlement prices.

  "There is basically no profit in doing takeout now," said the above-mentioned merchant in Fengtai, Beijing. "Although the cost has increased, the price of our dishes has not increased, mainly because we know in our heart how much this item is worth."

  According to media reports, Meituan increased the commission for merchants before the Spring Festival, and issued a notice to merchants that the changes in self-delivery and Meituan special delivery points were as follows: 10% exclusive self-delivery, 15% non-exclusive self-delivery, 18% exclusive special delivery, and 25% non-exclusive special delivery.

  In this regard, Meituan takeaway staff explained that the increase in commissions is mainly due to the increase in company operating costs and labor costs. According to media reports, in recent years, Meituan has established an intelligent scheduling system and developed intelligent voice assistants to improve delivery efficiency, investing a lot of money.

  Infographic: Consumers eating at a restaurant. Photo by Park Feng

  The increase in commissions is not limited to Meituan. Another takeaway platform, Ele.me, also reported that the commission rose from 18% to 26%.

  However, Ele.me denied this. "Since the beginning of this year, there has been no policy to increase the rate for merchants across the country, and we are still striving to reduce the rate. Since January 2019, we have reduced the rate by 2% -3% for more than 10,000 merchants in Guangdong, Fujian and Sichuan, and reduced the delivery fee."

  Why should the platform increase the commission?

  "Users enjoy huge benefits in the platform’s subsidies, but in order to survive, the platform needs to improve its’hematopoietic ability ‘and increase its commission," said Chen Liteng, an ecommerce analyst at the e-commerce research center.

  Started in 2003, online takeout has experienced explosive growth in the O2O tide of the mobile Internet. In order to seize the market, various takeout platforms have adopted low-cost promotions that burn money and subsidize, attracting a large number of merchants and consumers.

  With the entry of capital and the subsidy of burning money, the takeaway industry has experienced an era of melee and competition between the two heroes in just a few years.

  In August 2017, Ele.me acquired Baidu takeaway, which used to be "red, yellow and blue", leaving only Meituan and Ele.me’s "yellow and blue" dispute. According to the latest report of DCCI Internet Data Center, Meituan’s takeaway market share accounts for 64.1%, and Ele.me accounts for 33.7%.

  The picture shows the Ele.me delivery staff delivering food. Xie Yiguan, photo

  The crazy subsidies in the early stage of the platform have led to rising operating costs and increased profit pressure. Meituan’s financial report shows that its revenue in 2018 was 65.23 billion yuan, an increase of 92.3% year-on-year; but its loss was 115.49 billion yuan, the highest level since its listing.

  "The takeaway industry has entered the second half and entered the traffic harvest period." Some people believe that in the face of increasing losses and an increasingly severe market, the platform’s development appeal has changed from seizing the market to achieving profitability.

  The Meituan Review Research Institute report unabashedly pointed out that after experiencing the peak growth in 2014, the size of the takeaway market and the growth of users both declined for four consecutive years from 2015 to 2018. The market growth rate dropped sharply from 71% in 2014 to 18%, while the user growth rate dropped from 51% to 15%.

  The wool comes from the sheep.

  The survey found that some well-known restaurants or chain stores have a stable customer base and have relatively strong market bargaining power. After the platform commission increases, these big merchants can take measures such as increasing the price of dishes, reducing price-break discounts, or delivering takeout by themselves.

  In reality, many small businesses that mainly sell takeout orders have poor bargaining power, and after the platform increases the commission, they have no choice. Because customers are unstable, they dare not easily increase the price of dishes, so they can only "discount" the food, or simply close the store.

  Data map: People queuing up for dinner in the restaurant. Photo by Gao Cheng

  Chen Liteng pointed out that in order not to lose money, merchants will save expenses by reducing the size of meals, increasing the price of meals, and adding lunch box fees, and eventually some of these costs will be passed on to consumers.

  "The platform takes a cut and the delivery fee increases, which can only cancel the price-break discounts activity and increase revenue," said Auntie Lin, who runs a nori rice shop. "Even if there were price-break discounts and other activities in the past, the takeaway price was higher than the price you bought in the store, because the additional cost of takeaway was charged to the customer."

  How can takeaway prices not continue to rise?

  The controversy over the rise in takeaway prices reflects the contradictions between merchants, customers and platforms.

  With Meituan and Ele.me holding a major share of the takeaway market, some netizens argued that "the reason why the platform can repeatedly increase the commission is due to market monopoly, which gives them the power to adjust prices freely."

  So, do takeaway platforms have the right to freely adjust prices?

  Article 35 of the "E-commerce Law" states that e-commerce platform operators shall not use service agreements, transaction rules, and technologies to impose unreasonable restrictions or attach unreasonable conditions to the transactions of platform operators on the platform, transaction prices, and transactions with other operators, or charge unreasonable fees to platform operators.

  Packaging for takeout. Photo provided by respondents

  "In fact, it is difficult to judge whether it is reasonable for the platform to increase the commission rate, and it needs to be judged more realistically." Chen Liteng believes that the relationship between merchants and platforms is mutually beneficial, and platforms and merchants should communicate fully to formulate rules and jointly provide services to consumers.

  "Carrying out digital upgrades to create more intelligent catering services may become the key." Chen Liteng said that the intelligent level of takeaway merchants is still in the early stage, and they should continue to adapt to the market, build intelligent catering services under the empowerment of the platform, and improve their own competition level.

  In other words, the takeaway platform helps merchants reduce costs and improve efficiency through technological upgrades, and merchants are naturally willing to "give profits" to the platform, so consumers may not have to worry about spending more money on meals.

  What do you think of this statement? Has the takeout you ordered recently been expensive?

Looking at the N side of Stephen Chow, he spoke for himself: Actually, I am an actor


Zhou Xingchi endorses himself: In fact, I am an actor

    Movie Network News Zhou Xingchi has always been a figure with different opinions, and the outside world’s evaluation of him is high in the sky and low in the nose. This situation can’t help but remind people of movies, it seems that all the characters who are so good that they are hard to reach have several three-dimensional sides, and everyone can’t see through them at a glance. June 22 is Zhou Xingchi’s birthday, and we try to restore a real Xingye from his life trajectory and different people’s evaluation of him.

Stephen Chow’s self-endorsement: Actually, I’m just an actor

    We often refer to Stephen Chow as Star, we know that he is the well-deserved "king of comedy", and we regard him as the originator of comedy. But he did not fall into the film industry with these halos from the beginning. He started from a walk-on and gradually achieved today’s status. If you look through his external achievements and status to see his original intention and essence, then it is like the line he often says in autobiographical films: "Actually, I am just an actor."


Stephen Chow when he was the host


Zhou Xingchi took a group photo with Huang Rihua in the 83rd edition of "Archery"

Heaven doesn’t follow people’s wishes, a difficult career starts

    Stephen Chow’s dream of being an actor originated from his love for Bruce Lee. Every time he did an interview show, he would say that he put all his enthusiasm into studying Bruce Lee. Bruce Lee was his spiritual pillar, and even today, it is still the same. He wanted to be Bruce Lee so much that even if he had no money to eat, he would buy sandbags to practice martial arts at home.

    It’s still a cliché story. In 1982, Stephen Chow took Tony Leung, who had a good relationship with his sister, to apply for the TVB artiste training class. As a result, Stephen Chow failed, but Tony Leung, who was not interested in acting, was admitted. Finally, Stephen Chow entered the night section of the training class with the help of Qi Meizhen, and has been playing tricks since graduation. Everyone is most familiar with the training targets of Song Bingyi and Mei Chaofeng in the 83 version of "The Legend of the Shooting Condor Hero". Chow, who was hopeless in acting, finally became the host of the children’s program for four years, and this host’s opportunity still took over the class of Leung Chaowei, because at that time Leung Chaowei had already become famous in Hong Kong City because of his role as Wei Xiaobao. And you can see a little bit of that life.

The next page: Zhou Xingchi’s life turning point

Huawei’s new generation of flagship mobile phone Ascend P7 officially debuts

[PConline Anhui Railway Station QuoteAt 8:00 pm ******* time on May 7, Huawei officially released the Ascend P7 in Paris, France. The machine has a 6.5mm ultra-thin body, equipped with a 5-inch 1080P full high definition screen; supports CAT4 LTE network; built-in integrated 2500mAh battery, and supports super power saving mode. Huawei Ascend P7 is available in three colors: black, white and pink. The global version is priced at 449 euros. The first batch will be available in May in more than 30 countries and regions such as the Chinese mainland and Hong Kong, the United Kingdom, Germany, Italy, France and Spain. In the Chinese market, Huawei Ascend P7 will launch mobile, China Uni*****nd telecom versions, and plans to start pre-sale simultaneously at 10:00 am on May 8 in Huawei Mall, JD.com, Tmall Huawei Flagship Store, Suning.com, Gome Online, No. 1 Store, and Amazon. The current pre-sale price is 2888 yuan.

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Huawei Ascend P7 live real picture

6.5Mm ultra-thin body, metal + double glass structure

  Huawei Ascend P7 adopts a dual-C internal and external integrated design, the body thickness is only 6.5mm, and for the four corners of the phone, it adopts a curved curve design to simulate the natural arc of water droplets dripping down, which can bring a more comfortable grip. Metal body design, plus Corning’s third-generation Gorilla Glass on the front and back this year.

2
The front and back of the fuselage are made of Corning’s third-generation gorilla glass.

Super dark light photo + panoramic selfie

  Huawei Ascend P7 has been fully optimized for mobile phone photography. The rear camera adopts the latest 13 million Sony back-illuminated IMX214 sensor lens, and is equipped with a SLR camera-level independent ISP (image processor). It has the exposure focus separation function only available in professional cameras, and the photosensitive performance is stronger. At the same time, it can perform noise reduction without losing color and detail. It supports manual adjustment of the sensitivity to ISO 800, F2.0 large aperture. This combination makes Huawei Ascend P7 have the most powerful low-light shooting ability in the industry. It can also shoot high-quality photos in very weak light. The P7 front 8 million camera uses a 5-layer aspherical optical lens and blue glass technology, which greatly improves the clarity of the captured picture and avoids the problem of ordinary camera shooting such as purple edge effect and object deformation.

 

3  

On the basis of hardware optimization, Ascend P7 is equipped with Huawei’s original and patented intelligent image professional image processing engine 2.0, which has in-depth optimization in camera shooting algorithms. For scenes with brighter light sources such as starlight and neon lights at night, Ascend P7 can intelligently judge the shooting scene, adaptively change some control parameters to reduce exposure, avoid overflow of light sources, and shoot more transparent and clear pictures. At the same time, Huawei Ascend P7 also has new optimizations and improvements in shooting experiences such as panoramic shooting, audio photos, and watermark photos. For example, considering the need for news capture in emergency scenarios, the Ascend P7 has designed a 1.2-second high-speed capture function. In the case of a black screen or a locked screen, you can quickly double-click the volume down button to seize the best capture time.

Support CAT4 LTE network + extreme power saving mode

  Huawei Ascend P7 supports CAT4 LTE network, and adopts a dual-antenna design with both main antenna and diversity antenna, which has stronger signal reception and transmission capabilities in LTE network environment. In addition, Huawei Ascend P7’s intelligent network selection technology can ensure that users are always in the best connection state.

4  

Huawei Ascend P7 has a built-in 2500mAh lithium polymer battery. In terms of mobile phone power management, Huawei Ascend P7 has added one-click power saving and comprehensive power consumption detection management, which can monitor the operation of the mobile phone background application at any time and choose to close it. In addition, an extreme power saving mode is also added for users. When the power is remaining at 10%, the mobile phone is restored to the function machine mode, and only the function of making calls and sending text messages is retained.

  In addition, the Huawei Ascend P7 can also be used with the Huawei smart bracelet to monitor sleep quality, manage sports and fitness data, and has functions such as mobile phone anti-theft management, remote photography, and even binding keys and mobile APP through the bracelet to help quickly retrieve keys hidden in corners.[Return to Anhui Quotes Home]

Avita 192% premium by six parties to increase more than 2.50 billion Changan Automobile investment 1.169 billion give up Ningde era

  Changjiang Business Daily News ● Changjiang Business Daily reporter, Li Qiguang

  Avita’s first car is approaching the market, and the company has received a huge amount of financing.

  On August 2, Changan Automobile (000625.SZ) announced that the company’s joint venture Avita introduced investors by way of public listing to enhance its core competitiveness, and finally determined six investors such as the national green development fund joint stock company, with a total capital increase of 2.547 billion yuan.

  As of March 31, 2022, Avita Technology’s valuation has reached 6.32 billion yuan, 2.164 billion yuan compared with its net asset carrying value, and the value-added rate is 192.08%.

  The Yangtze River Business Daily reporter found that on November 5, 2021, when Avita first increased its capital and shares through public listing, the disclosed valuation was 788.20 million yuan, an increase of 7 times in only 5 months.

  In this financing, Changan Automobile invested 1.169 billion yuan, and the shareholding ratio increased from 39.02% to 40.99% after the capital increase was completed. While Ningde Times did not participate in the capital increase, the shareholding ratio was diluted from 23.99% to 17.10%, but it was still the second largest shareholder.

  It is understood that according to the plan, Avita’s first smart electric coupe SUV Avita 11 and its limited edition Avita 011 will be officially launched on August 8.

  Valuation of 6.32 billion 7 times in 5 months

  On the evening of August 2, Changan Automobile announced that the company’s joint venture, Avita Technology (Chongqing) Co., Ltd. (referred to as "Avita"), in order to enhance its core competitiveness, strengthen the coordination of industrial chain resources, and promote the accelerated development of intelligent electric vehicle (SEV) business, introduced investors in the Chongqing Stock Exchange by way of public listing, and finally determined that six investors including the National Green Development Fund and Jiaxing Juli Fund increased their capital by 2.547 billion yuan.

  Among them, Changan Automobile invested 1.169 billion yuan. After the capital increase was completed, the shareholding ratio increased from 39.02% to 40.99%. It is still a joint venture and continues to use the equity method for accounting.

  The announcement shows that as of March 31, 2022, the valuation of Avita Technology has reached 6.32 billion yuan, which is 2.164 billion yuan compared with its net asset carrying value, and the value-added rate is 192.08%.

  On November 5, 2021, when Avita first increased its capital and shares through public listing, the disclosed valuation was 788.20 million yuan, an increase of 7 times in only 5 months.

  At present, Avita has signed a strategic cooperation agreement with the above-mentioned new investors, and plans to carry out strategic cooperation in the fields of sales network support, chip supply and visual image perception, intelligent cockpit development, etc., to further strengthen the resource advantage of the industrial chain.

  This time, Avita plans to add a registered capital of about 472 million yuan, and the registered capital is increased from 1.172 billion yuan to 1.645 billion yuan. According to the financing amount of 2.547 billion yuan, the capital increase price is equivalent to 5.40 yuan per yuan of registered capital.

  In addition to Changan Automobile’s capital increase of 1.169 billion yuan, Southern Assets plans to increase capital by 100 million yuan, Green Fund plans to increase capital by 480 million yuan, Jiaxing Cohesion Fund plans to increase capital by 230 million yuan, Qingdao Yuewan Fund plans to increase capital by 158 million yuan, Huzhou Chuangsheng Chi Ming Fund plans to increase capital by 150 million yuan, Chongqing Chengan Fund Phase II plans to increase capital by 100 million yuan, Tianjin Weihao Haihe Fund plans to increase capital by 70 million yuan, Ningbo Yongxin Weihao Fund plans to increase capital by 60 million yuan, Yiwu Weihao Chuangxin Fund plans to increase capital by 30 million yuan (Tianjin Weihao Haihe Fund, Ningbo Yongxin Weihao Fund and Yiwu Weihao Chuangxin Fund are consortia).

  It should be noted that the original shareholders Ningde Times, Chongqing Chengan Fund Phase I, Fujian Mindong, Two Jiangxi Securities, Southern Industrial Fund and NIO did not participate in the capital increase, and their shareholding ratio will be passively diluted accordingly.

  Among them, CATL shareholding ratio diluted from 23.99% to 17.10%, but still the second largest shareholder; NIO shareholding ratio diluted from 1.13% to 0.81%.

  Changan Automobile said that Avita is an important exploration of the company’s high-end new energy, intelligent and innovative cooperation model, and an important practice of the company’s own brand upward strategy. Avita brings together the unique advantages of Changan and Ningde in the field of intelligent vehicle research and development, intelligent vehicle solutions and smart energy ecology, and joins hands to create the world’s leading intelligent electric vehicle technology platform – CHN, dedicated to building an international high-end Chinese SEV brand.

  The first car is planned to be launched within a month

  According to the data, Avita was formerly known as Changan Automobile and NIO New Energy Vehicle Technology Co., Ltd., which was established on July 10, 2018. The two parties each hold 50% of the shares. The main business model and profit model are the design, development, sales and service of new energy vehicles and parts.

  On May 17, 2021, Changan NIO New Energy Vehicle Technology Co., Ltd. was renamed Avita Technology (Chongqing) Co., Ltd. and began market-oriented operations.

  At the same time, Avita said that Changan Automobile, Huawei, and Ningde Times will jointly build a smart electric connected vehicle platform for it.

  On August 23, 2021, Avita increased its capital and shares by publicly listing on the Chongqing Property Exchange, and introduced Ningde Times to increase its capital.

  After the capital increase was completed in March 2022, Avita’s registered capital was increased from RMB 288 million to RMB 1.17 billion, and Changan Automobile’s shareholding ratio was diluted from 95.38% to 39.02%, making it the largest shareholder; CATL held 23.99%, making it the second largest shareholder; NIO held 1.13%.

  Announcement shows that in 2021, Avita revenue is 0 yuan, net loss 209 million yuan; this year’s Quarter 1 revenue is 0 yuan, net loss 61.4048 million yuan.

  Avita’s first model, the Avita 11, will be officially launched in August and will be delivered within the year. The model is equipped with Huawei inside (HI) Huawei’s full-stack smart car solution, which is jointly developed by Huawei and Avita. BAIC, GAC and other car companies have also adopted the cooperation model with Huawei.

  Avita said that the new round of fundraising will further accelerate the R & D design and market brand development of Avita’s future products, and the second new car is currently being advanced in an orderly manner.

  "I used to have a quarterly meeting with Xu Zhijun (Huawei’s rotating chairperson) and Yu Chengdong (Huawei’s managing director and CEO of Smart Vehicle Solutions BU). This year, Avita products are about to be released, and the whole line of business is speeding up. Our meeting has become a monthly meeting." Zhu Huarong, chairperson of Changan Automobile, said publicly at the annual results presentation in April 2022.

  According to the plan, in the next five to ten years, Changan Automobile will focus on the field of new energy to achieve double improvement in sales and efficiency. By 2025, Changan new energy sales target 1.05 million vehicles, accounting for 35%; 2030 new energy sales target 2.70 million vehicles, accounting for 60%.

  According to the plan, Avita’s first smart electric coupe SUV, Avita 11, and its limited edition Avita 011 will be officially launched on August 8. The first batch of offline experience centers will also be opened simultaneously and delivered within the year. The second new car is also being advanced in an orderly manner.

  In addition, it is reported that Avita Technology has plans to go public independently in the future.

Hong Jinbao was shocked to hear of his "death": Thousands of people called to ask if I was dead

  





  A generation of kung fu superstar Samuel Hung was misinformed of his death


  





  


  On December 9, the Modern Express reported: "A generation of kung fu superstar Hong Jinbao passed away suddenly last night. After the reporter learned of the bad news from his colleagues in Hong Kong, he urgently contacted a senior official of the Hong Kong Emperor, who confirmed the news."


  West China Metropolis Daily reported on December 10It was not uncommon for a man to change his mind, and the woman in question always seemed to be the last to know. When someone else called and found out that he was dead, there was probably nothing more "broken" than this, but yesterday this scene really happened…


  Yesterday, a media outlet in Nanjing published a shocking piece of news – "Kung Fu Superstar Hong Jinbao Rumored to Have Died", which claimed that Hong Kong kung fu superstar Hong Jinbao died suddenly on the evening of December 8. The rumor was later confirmed by a senior official of the Hong Kong Emperor. After the news was published on some websites, it immediately attracted a lot of attention from readers, and the entertainment industry was even more shocked. Even Hong Jinbao’s friend Jackie Chan expressed concern about it. After several confirmations, our reporter connected to Hong Jinbao and exposed the true face of this fake news.


  A. The media


  The circle was shocked by the sudden death news


  The report said that a generation of kung fu superstar Hong Jinbao died suddenly last night. After the reporter learned of the bad news from his Hong Kong counterpart, he urgently contacted a senior official of the Hong Kong Emperor, who confirmed the news. By the time of the reporter’s deadline, the cause of Hong Jinbao’s death was not clear, except that he did not die in Hong Kong. When the Hong Kong media got the news, they rushed to Hong Jinbao’s home and a bar he invested in in Hong Kong to inquire about the situation. It is reported that on November 30, Hong Jinbao was still in good health when he attended the event in Guangzhou.


  When the news came out, like a bomb, it became the headline news of various entertainment websites, and many websites also launched the life and commemoration of Hong Jinbao. "The death of a generation of kung fu superstar Hong Jinbao, the cause of death is unknown", "It is reported that Hong Jinbao passed away, and his junior brother Yuan Hua was shocked when he heard of it", "Jackie Chan was in a hurry when he heard the news of his death". On some websites, "In Memory of a Generation of Kung Fu Superstar Hong Jinbao", there is also a tribute article, which reads: "When it comes to kung fu movies, we cannot fail to mention Hong Jinbao. In my impression, many kung fu movies of Hong Jinbao can be called classics, and he is worthy of the title of kung fu superstar. However, while we are enjoying the charm of Hong Jinbao’s kung fu, the sudden death of a generation of kung fu superstars is


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A generation of kung fu superstar Hong Jinbao is rumored to have passed away, Emperor executives confirm


"Samuel Hung’s death" caused a commotion, and the reporter in question shouted "It’s been fixed"


The eldest son of Hong Jinbao denied the news of his father’s death, and the reporter’s misinformation led to an oolong