"Get the national car brand up"

On June 26, a cruise convoy of Liberation trucks drove down Renmin Street in Changchun City. Photo by Zhang Nan, a reporter from Chinese Society

  Xinhua News Agency reporters Zhai Wei, Zhang Xinxin, Zong Wei, Duan Xu, Zhang Jian

  Here is known as the cradle of New China’s automobile industry: the development and manufacture of the first car, the first Dongfeng brand car, the first Red Flag brand high-end car, FAW ushered in a new era of new China’s automobile industry from scratch, marking a solid step towards an automotive powerhouse.

  Here is the expression of the hard work of several generations of Chinese automakers: building factories in the wasteland, laying the foundation for a business, and making independent innovations. Behind the development history of FAW is the fighting spirit of courage to explore and not afraid of difficulties.

  When the General Secretary of the Supreme Leader inspected FAW in 2020, he stressed: "We must master the key core technologies in our own hands, and we must set up this ambition to promote the national automobile brand."

  After 70 years, FAW and China’s automobile industry, which have stood at a new starting point, have advanced together, anchoring high-quality development and moving forward steadily.

Industry serves the country, 70 years of hard work to revitalize the automotive industry

  Changchun Dongfeng Street, China FAW old factory area. More than a hundred red buildings with Chinese-style eaves and Western-style balconies stand quietly. Here, two national car brands, Red Flag and Liberation, were bred, witnessing the historical process of the new China automobile industry from scratch and from weak to strong.

  Automobiles, an important symbol of modern industrial civilization, are a symbol of a country’s manufacturing strength and a powerful engine for national economic development.

  In the early days of the founding of New China, there was nothing to be done. "When can we get on the car we built ourselves?" The simple words carried the industrial dream of a country. The party listed the construction of FAW as one of the 156 key projects during the "First Five-Year Plan" period. On July 15, 1953, 10,000 builders from all over the country gathered in the southwest suburbs of Changchun and laid the first foundation pile on the vast wilderness. The road to FAW’s entrepreneurship was paved, and the new Chinese automobile industry began from then on.

  "China’s man-made cars started under poor and white conditions!" Wang Fengge, a 90-year-old veteran employee, recalled the early days of the factory’s construction. At that time, there was a frenzy of support for FAW across the country. "Repair roads to FAW, connect gas to FAW, and transfer cadres to FAW…" In 1954, 95% of Changchun’s municipal construction costs were invested in the construction of FAW.

  Drawing on the strength of the whole country, it will be completed and put into operation in three years; starting from scratch, it will open up the beginning of the new Chinese automobile industry.

  On July 13, 1956, the first domestic Jiefang truck rolled off the assembly line, bringing an end to the history of China’s inability to build cars; on May 12, 1958, the first domestic car, Dongfeng Jinlong, drove out of the trial production workshop and started the process of self-made cars…

  In the FAW Hongqi Cultural Exhibition Hall, an oil painting recreates the days in full swing: several craftsmen gather together to make a mud model of a Hongqi car by hand.

  "In order to celebrate the 10th anniversary of the founding of New China, we took over the task of manufacturing high-end cars." Dou Shuxiang, a retired veteran employee, clearly remembers that time was tight and the drawings were too late to draw. At that time, the factory manager Rao Bin discussed with the designers and made a bold decision – to hit it directly with a hammer!

  Summon the country’s top sheet metal masters, work day and night to knock out the body; hang up more than 2,000 spare parts pictures, and skilled craftsmen grab the pictures for trial production… On August 1, 1958, the first Hongqi brand high-end car was successfully trial-produced, which took only more than a month.

  Today, when modern production has been widely popularized, it is difficult for people to imagine how the car was built in a closed technology and difficult conditions. However, entrepreneurship is difficult, and the journey from building a car to building a good car is still long –

  In the early 1980s, the indicators of Jiefang brand cars were obviously lagging behind. In three years, more than 20,000 sets of process equipment were updated, and 79 new production lines were built. After six years, China’s second-generation truck Jiefang CA141 was put into production. FAW withstood huge pressure and completed the replacement and production without stopping production or reducing revenue, realizing the "second business".

  The reform and opening up quickly opened up the automobile market. At that time, the domestic automobile production capacity was less than one million units, and the products were "less heavy and less light", and transformation and upgrading were imminent. Following the pace of the industry, FAW began its "third venture": building a modern production base, vigorously developing light vehicles and cars; establishing joint ventures with Volkswagen, Toyota, etc., to rapidly improve manufacturing capacity… Through structural adjustment and joint venture cooperation, the enterprise grew rapidly. In 2001, the output and revenue increased by 3.2 times and 13.4 times compared with 1988.

  China’s entry into the WTO has accelerated the process of automotive globalization. Faced with the sudden influx of foreign brands, local enterprises that do not have an advantage in technology and brands were once in crisis. The passivity of market competition made FAW realize that only reform and innovation can keep up with the rhythm.

  Separation of main and auxiliary, taking the step from "plan" to "market"; shareholding reform, completing the transformation from a single state-owned sole proprietorship to a multi-investment entity.

  Since the 18th National Congress of the Communist Party of China, FAW has pressed the reform fast forward button.

  On September 18, 2017, a "four-energy reform" in which cadres can go up and down, employees can come in and out, salaries can be high and low, and institutions can increase and decrease their capacity was fully launched.

  "At that time, I had just arrived in Beijing for training, and the next morning I received a notice that everyone’stood up ‘and re-competed for jobs. How could I have the heart to stay, so I quickly bought a ticket and returned." Liu Jun, director of the FAW Reform Office, recalled the scene at that time.

  Clear goals, with the strength of the whole group to develop the Hongqi brand; Highlight innovation and improve the independent research and development system; Survival of the fittest, breaking the "iron chair" to set jobs with goals and pay for performance… Radical reform has restructured the system and mechanism, and stimulated innovation vitality. The "new entrepreneurship" marked by reform and innovation has also given FAW a new life –

  It has grown into a world-renowned automobile manufacturer and ranked among the top 500 companies in the world; by the end of 2022, the cumulative production and sales of automobiles exceeded 54 million, and the operating income was 7.9881 trillion yuan; in the past 5 years, the sales volume of the Hongqi brand has increased by 65 times, and the brand value has reached 115.50 billion yuan; for 12 consecutive years, the brand has been liberated to lead the industry, and the brand value has reached 118.70 billion yuan.

  It was born because of the national automobile industry and developed with the tide of the times. FAW has opened a new page in China’s automobile industry, witnessed the hardships and achievements of car manufacturing in a big country, trained a large number of industrial talents who understand technology and management for China’s automobile industry, promoted the growth and expansion of the industrial chain, and made due contributions to building an automobile power.

  In 70 years, from the "15th Five-Year Plan" to the "14th Five-Year Plan", FAW, which used to be like a child, has entered its prime. China’s auto industry has achieved leapfrog development through hard work and independent innovation: today, China has become the world’s largest automobile production and sales country for 14 consecutive years, and the scale of new energy vehicles production and sales has been the world’s largest for 8 consecutive years.

  "Only by unswervingly following the beat of the market and the drumbeat of reform can we have lasting vitality and momentum." Wang Guoqiang, deputy secretary of the FAW Party Committee, lamented that this is the inspiration of FAW’s development and the portrayal of China’s automobile industry.

Climb the peak bravely and strive to master the key core technologies

  The maximum power reached 560 kilowatts, and the performance index achieved international leadership – at the beginning of this year, the trial production of the V-type 12-cylinder direct injection engine developed by FAW was launched.

  The engine is the "heart" of the car, and the manufacturing process is superb. The V12 engine, which has a complex structure and is difficult to develop, represents the highest level of passenger car engines. As a latecomer, China has long been blank in this field.

  "This is the hard work of several generations of Hongqi people!" On the day the product was launched, Zhao Huichao, acting vice president of FAW Research and Development Institute, had mixed feelings. After continuous scientific and technological research, this engine broke the decades-long technical barriers of international suppliers and took the initiative in power manufacturing.

  The key core technology is the "life gate" of industrial development. Once upon a time, domestic vehicle production relied on external imports. High technology transfer fees and strict negotiation conditions hindered both production and product development.

  During the FAW inspection, the Supreme Leader General Secretary emphasized that to promote the high-quality development of our country’s automobile manufacturing industry, it is necessary to strengthen the independent research and development of key core technologies and key components.

  Basic materials, key components, advanced technology… With the growth and expansion of China’s automobile industry, generations of FAW people have begun to work hard on core technologies.

  0.015Mm, which is equivalent to 1/5 of the diameter of a hair, was "carved" by Yang Yongxiu, the chief technical master of FAW Research and Development Institute, and his team for 13 years.

  This is the "Chinese precision" of the engine block. Yang Yongxiu told reporters that there are more than 100 holes in the engine block, which are easily deformed during processing. In order to ensure performance, the precision of the cylinder hole must be controlled to the limit. But the core parameters of the fine processing of numerical control milling machines have always been regarded as secrets by foreign companies.

  "Since you want to do it, you have to achieve a level of refinement that is difficult for others to achieve." After more than ten years of sharpening the sword, after repeated overthrow and repeated trials in countless codes, Yang Yongxiu and his team finally cracked the core parameters and mastered the "key" of precision manufacturing.

  Diving deep into the "stuck neck" field, keep taking solid steps –

  Set up a special project working group for the transmission, establish a powertrain factory, and carry out comprehensive independent research and development for more than ten years to achieve comprehensive independent control;

  Focusing on power batteries, innovating a series of technologies such as low-temperature batteries and battery pack thermal insulation to achieve trial production of Ah-level all-solid-state batteries;

  From system integration and intelligent networking to forward-looking modeling and key materials, we will continuously target 41 key directions…

  In 2017, the FAW R & D General Institute was inaugurated, integrating the technical forces formerly scattered in various departments, and implementing awards for listing, project contracting, and technical achievements in proportion to profits.

  The optimization of the system and mechanism has released the vitality of innovation, and FAW has accelerated its charge in key frontier technology fields: breaking through the key technologies of high-efficiency hybrid systems, completing the application development of autonomous vehicle operating systems…

  "Our R & D staff has grown from 2,360 to more than 4,500, and the new car development cycle has been reduced from 48 months to 24 months," said Wang Deping, executive vice-president of FAW Research and Development Institute. In the past three years, 494 key core technologies such as high-efficiency high-speed electric drive, intelligent wire-controlled chassis, and L3-level autonomous driving have been broken through.

  Today, the global automotive industry is accelerating its transition to electrification and intelligence, and the transformation of production methods has put forward more urgent requirements for the safety and control of the industrial chain and collaborative innovation.

  "This requires the joint efforts of domestic peers to make up for each other’s shortcomings," Zhou Shiying, acting vice-president of FAW’s R & D General Institute, told reporters. As a chain-leading enterprise, FAW must open up its ecology and achieve joint research and co-creation. "This is a matter of one prosperity and one loss."

  Cooperate with China Resources Microelectronics and others to deepen the industrial chain of electronic components; gather leading software companies to strengthen algorithm development and verification… FAW and leading units have established 38 collaborative innovation laboratories and 5 basic research laboratories, and strive to promote industrial chain upgrades and breakthroughs. "In the future, we will continue to open up capabilities such as vehicle-end delivery, and together with our industrial chain partners, we will advance into the’no man’s land ‘of automotive technology." Zhou Shiying said.

  Self-reliance and independent innovation, FAW’s exploration is a portrayal of China’s automobile industry. After 70 years of industrialization abroad, China’s ups and downs of car manufacturing are full of thirst and climbing for core technologies.

  Today, China’s automotive industry has a stronger foundation and strength, with the world’s leading market size and industrial chain advantages for new energy vehicles, standing on the same starting line as the global automotive industry.

  To change lanes and overtake cars requires innovation and breakthroughs. "Always take independent innovation as the foundation, strive to control key core technologies and enhance the competitiveness of the whole chain, and the confidence to deal with risks will be stronger, and the driving force for industrial development will be stronger," said Fu Bingfeng, executive vice-president of the China Association of Automobile Manufacturers.

Anchor the course, take advantage of the trend to let national brands stand at the forefront

  On July 3, with the 20 million new energy vehicles rolled off the assembly line, China’s automobile industry reached a new milestone. In this wave of electrification and intelligent transformation, Chinese automobiles have accelerated into the center of the world stage, and national brands have ushered in historical opportunities.

  "This gives us a rare window of time. What we need to do now is to anchor the high quality and accelerate the brand upward!" Wang Guoqiang said.

  Walking into the prosperous factory area of Hongqi Manufacturing Center, the experience of intelligent manufacturing is coming: the integrated robot cluster is orderly, the ultrasonic equipment is accurately inspected, and a Hongqi car "drives" to the market every minute. "Through data sensing, every detail here will be’moved ‘to the virtual’twin factory’, which will improve the quality and efficiency of production and provide support for innovation," Xiu Junyi, deputy general manager of Hongqi Manufacturing Center, told reporters.

  It is a factory and a data platform; it is production and supply chain management. With advanced manufacturing as the driving force, we will continue to transform to high-end, intelligent and green.

  Take the "steering wheel" of the industry and firmly promote the strategic layout.

  "Two All" – On the occasion of the 70th anniversary of the establishment of the factory, the Hongqi brand announced that all investment in technological innovation will be used for new energy vehicles, and all new production capacity will be used for new energy vehicles.

  Established new energy development institute, intelligent network development institute, etc., forward-looking reserve the technical direction of the next ten years, and build independent and controllable core capabilities; in the next three years, 15 Hongqi new energy intelligent products will be launched intensively, covering all market segments; by 2025, FAW new energy vehicle sales will reach 1.45 million, and Hongqi brand will exceed 500,000…

  "This is the core track of industrial development." Qiu Xindong, general manager and deputy party secretary of China FAW, said that by fighting the tough battle of new energy transformation, it is necessary to drive the all-round transformation of enterprises from concept to operation.

  Strengthen its own brand and accelerate its integration into the global industrial landscape.

  Recently, at the railway port of Changchun Xinglong Comprehensive Bonded Zone, new Hongqi cars were packed in an orderly manner and set sail for Europe. Riding the "wave" of new energy vehicles going to sea, the Hongqi brand accelerated "going out" – from January to June, the export of 5003 vehicles was completed, an increase of 172% year-on-year.

  "We want to break the outdated concept that Chinese brands are’cheap ‘," Yang Dayong, chairperson of FAW Import and Export Co., told reporters that Hongqi has chosen foreign developed regions as its target market from the beginning, and has opened up sales channels in 17 countries including Saudi Arabia and Norway. "If the Middle East and European markets can do well, it means that it can establish a high-end image in the global market."

  The combination of headlights that symbolizes the round sky and the grille design that symbolizes the mountains and waterfalls… The Hongqi brand, which contains strong oriental aesthetics and Chinese culture, has accelerated its entry into the international market and has also entered the homes of ordinary people.

  After 300,000 consecutive "barriers", domestic sales are expected to exceed 400,000 this year.

  "Hongqi used to be regarded as a’national car ‘, but today we want to make it a’national car’," Mr. Qiu said. Hongqi needs to become younger, more fashionable, more technological and move up the value chain. "We have brand confidence and cultural confidence!"

  Coming from the horn of war on the black land, FAW has marked the entire development process of the automobile industry in New China.

  70 years of prosperity, with self-made indomitable progress, difficulties in the face of thousands of tempering, generation after generation of autobots passed down the fighting spirit, condensed into the Chinese auto industry unremitting forward power source.

  Today, our country has grown from a country with a lack of industry to the world’s largest automobile producer and consumer. From "bringing in" to "going out", China has contributed to the electric transformation of the global automobile industry.

  Don’t forget the blue strands when you come, and move forward without fear of wind and rain. On the journey from an automobile power to an automobile power, we will unswervingly promote high-quality development, and China’s automobile industry will move forward all the way!

    Xinhua News Agency, Changchun, July 14

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Andy Lau, Wang Junkai, and Wang Yibo’s new works are unveiled, and the Chinese film market is very lively


1905 movie network feature "Old Drama Bones" Andy Lau, Koo Tianle, and Zhang Jiahui have joined forces to make Hong Kong films again. The "new generation" Wang Junkai, Wang Yibo, and Wang Yuan have bravely challenged themselves on the screen. Chen Sicheng and Ning Hao not only have new directors’ works exposed, but also their projects as producer support have also appeared one after another…


On the second day of the 24th National Film Promotion Conference, many well-known film companies such as Maoyan Film, Bona Film, Huayi Brothers, Ali Film, Beijing Wonderful, Wanda Cinemas (in the order of appearance) took turns to appear, and one after another wonderful masterpieces were exposed. Surprise after surprise, star-studded. The Film Channel Financial Media Center specially launched the live broadcast of "Assemble! Chinese Movies – Directly Hit the 2023 China Hengdian Film and Television Festival" to record the whole process and directly hit the grand occasion.


What new films are worth looking forward to in the future? Let’s take a look!


Hong Kong star shines

Andy Lau "Double New Year’s Eve"  Zhang Jiahui"Burst Point."file setting


Andy Lau’s attitude as a model worker did not decrease. He starred in "Goldfinger", "Stealth", "Mr. Red Carpet", "Eastern Wall Street" and "Crisis Route" at the promotion meeting. The latter two are expected to meet the audience next year.


"Goldfinger" has been set for December 30. Tony Leung and Andy Lau ushered in the "Union of the Century" after 20 years.According to the film, both characters have prototypes, one is a legendary figure who earns 10 billion with 100 yuan of principal by virtue of wisdom, and the other is a stubborn police officer who spends 200 million yuan and spends fifteen years looking for the truth. The film is by"Infernal Affairs."directorZhuang WenqiangDirected, it lifted the black veil of Hong Kong’s golden age.



"Stealth" will also be released on New Year’s Eve (December 29). Police and bandits fight, undercover stealth, the film’s selling point is the "dark web" element, and drugs are secretly sold through the Internet. Andy Lau volunteered to play the villain after 16 years. The police team that arrested him consisted of Lin Jiadong, Ren Dahua and Peng Yuyan.



Another "model worker", Zhang Jiahui, also kept moving.At the promotion meeting, the crime action movie "Burst Point" was officially announced on December 8.Lin ChaoxianHe served as a producer for the first time and cooperated with Zhang Jiahui again after 9 yearsThe Mekong River InitiativeThen re-explore the theme of police crime.


The film focuses on the "hardcore" Hong Kong style, with the anti-drug as the entry point, and the action drama punches to the flesh. Chan Weiting will challenge a new role and play on the same stage as Zhang Jiahui, and Liang Luoshi, who has not been seen for a long time, will also appear in the film.



Two other crime-themed films, "Angry Tide" and "Rebirth," also starring Zhang Jiahui, focus on raw and hot. Both films are the work of Ma Yuke’s transformation director, and Zhang Jiahui and Ethan Ruan are partners. "Angry Tide" has been named "New Order" and "True Color". The script has been refined for eight years and is expected to be released this year. "Rebirth" is scheduled to be released next year.



The full lineup of "The Guardian" was exposed. Gu Tianle joined hands with Peng Yuyan, and Lin, Zheng Zeshi, Zhou Xiuna, Hong Jinbao, Lin Baoyi, etc. escorted the film. The film started in August this year.



The crime comedy "Temporary Robbery" starring Guo Fucheng, Lin Jiadong and Ren Xianqi has been set for release on January 19 next year.



Famous new works

Chen SisincereGao QunshuPickMaijianovel

Ning HaoGuan HuRetrieve "Good Show"


The creative enthusiasm of the backbone of Chinese film continues unabated.


"Decoded," directed and written by Chen Sicheng, has been announced for release in 2024. Adapted from the novel of the same name by Mai Jia, the film tells the story of China’s nuclear program in the last century being strangled by the US hegemony, and Rong Jinzhen is involved in a thrilling Sino-US password war.


Liu Haoran once again collaborated with Chen Sicheng to play the mathematical genius Rong Jinzhen, looking forward to more official announcements of the cast.



Also adapted from Mai’s novel of the same name, Gao Qunshu finally released "The Wind" sister book "The Tip of the Knife". The story takes place in Nanjing in 1940. Zhang Yiyu plays a double agent in the film. In terms of shooting time, "The Tip of the Knife" predates "On the Cliff" and is the first spy movie he starred in.



"Mr. Red Carpet" directed by Ning Hao is about to brave the New Year. Ning Hao plays the director and Andy Lau plays the star. The two make movies in the movie and brave the film festival. "Liu Weichi" played by Andy Lau is the "collective" of Andy Lau + Tony Leung + Stephen Chow. Spicy comments on entertainment circles, bold open wheat. Ning Hao Andy Lau joins hands to play absurd comedy.



Chen Kexin has no new works since "Winning" in 2020, and "Sauce Garden Lane" directed by him and starring Zhang Ziyi is about to start


Director Guan Hu’s new work "Dog Array" is also officially announced this time, and is expected to meet the audience next year. This is his new work independently directed after "800". The film starred Peng Yuyan, Tong Liya, Jia Zhangke, Zhang Yi and others



Dong Runnian launched a new work "The Annual Meeting Can’t Stop!" after "The People Captured by Light" in 2019. Dapeng Baike has developed a new track for workplace comedy, focusing on "migrant workers"


Xin Yukun, director of "Heart Labyrinth" and "Breaking Silent", turned the camera on "Hot Search" after 6 years, and Zhou Dongyu premiered as a working woman. Xin Yukun joked that Zhou Dongyu and the other two men in the movie did not have any emotional entanglements.



Young directors explore realism

wear inkFavors non-fiction

Liu JiangjiangYin RuoxinAdapt a true story


Famous directors act as "gatekeepers" for young directors, and Chinese filmmaking is continuing the tradition of "hand-holding". This year’s young directors are quite delicate, and almost all of their new works are devoted to real-life themes.


Produced by Chen Sicheng and directed by Dai Mo, "The Three Battalions" is adapted from the documentary "Please tell the director that the mission of the Three Battalions has been completed". The script was written by Zhang Ji and tells the story of Cheng Bing, the captain of the criminal investigation brigade, who was sentenced to prison for the accidental death of one of the suspects in the process of handling a vicious case. After his release from prison, he still persisted in pursuing the murderer.



In promoting the film, Chen Sicheng said with a smile that in "Three Brigades", the creators of the series "Beijing Love Story" (Zhang Yi, Li Chen, etc.) can be seen reuniting after a decade. There is a scene in the movie that is the same as "Northern Ireland".The film was previously announced as the closing film of the 36th China Golden Rooster Hundred Flowers Film Festival.


A death row inmate is "freed" by an earthquake accident. With only 24 hours to live, will he escape or save others?Xiao YangandYungastarringSafe in and out.Yes"Life Events"directorLiu JiangJiang’s new film, a combination of disaster elements and realistic themes, is based on true events and is expected to be released next year.



Adapted from the true story of the "Wandering Brothers," "My Sister" director Yin Ruoxin also brought a new realist work "Wild Children." The film explores the social issue of "factual orphans," where the "thief" brother and the "orphan" brother depend on each other. Wang Junkai will have a subversive performance in the film.



Liu Bowen’s directorial debut, Laifu Hotel, is expected to be released next year. The film, produced by Han Sanping and starring Huang Xuan and Liu Yan, is expected to be released next year.


"Laifu Hotel" is actually a hotel for patients next to the hospital. Guests will not hear "welcome" when they arrive, but "get well soon". The promoter said that this is a movie about life and death, and it is very human.


Another young director’s production by Han Sanping is Zhang Dapeng’s "Priceless Treasure", the opening film of the 36th China Golden Rooster and Hundred Flowers Film Festival. Zhang Yi once again plays the little character, hand in hand with Pan Binlong as the "old father".



Ning Hao’s Bad Monkey project has achieved remarkable results, and his newcomer director, Prince Zhao, has also filmed an absurd comedy "Second-Hand Masterpieces". Yu Hewei’s partner, Guo Qilin, has been released on October 27.



Also released on the same day was "One and Four," the first feature film produced by Wanma Tseden and directed by "post-95" director Seiki Kumi. Kumi’s road romance film "Tibetan White Paper" is expected to be released next year.


Singer Guangliang is about to cross over as a new director, and "Unfinished Fairy Tales", an adaptation of his golden song "Fairy Tales", will start in the first half of next year.


Song of Youth

Wang YiBo Wangyuan interprets the fearless spirit

Zhang ZifengHu XianxuPremiere Couple


The first announcement of "Peacekeeping Riot Squad" shows Huang Jingyu and Wang Yibo wearing blue helmets and fully armed, as peacekeeping police officers in danger. Wang Yibo plays the role of peacekeepers with a spirit of sacrifice.



"Revolutionaries" director Xu Zhanxiong’s new film, titled "Fire Thief," is a youth spy film starring Wang Yuan, Zhang Xueying and Liang Jingkang. It tells the story of a group of ordinary teenagers who complete impossible tasks in the torrent of the times. It is expected to be released in the first half of next year.



The original series of the same name co-created, starring Qu Chuxiao and Zhang Jianing, "Twinkle, Twinkle" and "Travel Through the Moon" starring Zhang Zifeng and Hu Xianxu, which focus on romantic feelings and compose youth love songs together.


Costume drama

"Dunhuang Heroes"See you next year 

"Sea of Samen" refers to next yearsummer vacation


The epic mythological masterpiece "Sealed God Part 1" has set off a movie-watching craze this summer. In the future, there will also be two costume blockbusters, "Sea of Shamen" and "Dunhuang Heroes", waiting to be released.


"The Gate of the Sand Sea" officially announced the full lineup at the promotion meeting. The film starred Deng Chao, Rong Zishan and Yang Zishan, and starred Huang Xiaolei and Gao Weiguang.



"Dunhuang Heroes" is a collaboration between Cao Dun and Ma Boyong following the drama "Twelve Hours in Chang’an". The film was filmed in Xinjiang for more than 3 months, striving to write a new chapter in the aesthetics of the Western Regions of the Tang Dynasty.



The other two period films based on Super IP are also worth looking forward to.


One is "Dream of Red Mansions: Golden and Jade Fate" directed by Hu Mei. The highlight of the film is that all the actors are "new faces" from the audition, and all the dialogue corresponds to the original book.



The second is the movie version of "Hua Qiangu", with Chen Turin playing Hua Qiangu and Li Chengbin playing Bai Zihua. The promoter said: The movie version made up for some of the regrets that the drama version did not shoot, and a fight scene took 14 days.



Female Power

Haiqingrecommend"I was originally a mountain."

"Playing Alone" is expected to be released next year


Female filmmakers stand alone, and the female power on the screen cannot be ignored.


"I was originally a mountain" based on Zhang Guimei’s deeds, starring Haiqing confessed at the promotion meeting that she was inspired by the spirit of Zhang teacher and hoped to bring her story to the screen.


She described Mr. Zhang as having a diamond-like personality and a multi-faceted image: "Like a mother, like a daughter, like a little girl." Previously, the character’s shape was exposed, and Haiqing highly restored Zhang Guimei to high praise.



"If you could trade your life for your life, heaven would be full of moms."


"Saving the Suspect" is directed by Zhang Mo, and Zhang Xiaofei and Hui Yinghong are portrayed as mothers who love to fight back. It is a crime film with women as the protagonists. According to Zhang Mo, the highlight of the film is not only the layers of reversals, but also the delicate emotions conveyed.



"Looking for Her" is equally delicate and moving, showing the strong and independent side of women. After the accidental loss of her daughter, the peasant woman played by Shu Qi still bravely pursued herself in the face of family doubts and worldly prejudice.



In addition, Hui Yinghong and Liu Haocun’s "Brilliant Her" is a remake of the Korean film "Grandma Ji Chun"; "I Love Dunhuang" is based on the experience of Chinese character Fan Jinshi guarding Dunhuang in 2019 and will be finalized in the near future; "Playing Alone" based on the struggles of Chinese tennis star Li Na is expected to be released next year.


Hilarious Comedy & Hit Sequel

Ding ShenglikeYang MiAmazing performance

"Lion Boy 2"The original team returns


Ding Sheng made another comedy "There is no such thing as a hot pot that cannot be solved". He admitted that there is a new attempt this time, and especially praised Yang Mi for bringing a new performance, which is very amazing.


Yu Qian and Liang Jiahui teamed up for the crime action comedy "Old Jianghu," in which grassroots veterans outsmart financial predators. The film’s filmmakers said the film "has a high proportion of action." "What’s in the Zoo?" features Baober hand-in-hand with "Comedian" Chang Yuan, Jia Bing, and Wei Xiang, performing strange stories in the zoo.



In terms of sequels, "Still Think You’re the Best 2" and "Lion Boy 2" were both created by the original cast. The "Lion Boy" spin-off short and medium-sized drama has been completed, and the musical of the same name will start in January next year.


After reading these introductions, which movie are you most looking forward to?


The Kechuang 50ETF option was listed on June 5. What does the "three questions and three answers" mean to investors? The latest interpretation of head fund managers

  Science and technology innovation board’s first derivative will be listed soon, which is also the first on-site option variety linked to the Science and Technology Innovation 50 Index in China. Its successful listing will achieve a breakthrough of zero ETF options in the Shanghai and science and technology innovation board markets.

  The Shanghai Stock Exchange issued a notice on "Matters Related to the Listing and Trading of Kechuang 50ETF Options on Shanghai Stock Exchange" and decided to list and trade Kechuang 50ETF Options on June 5, 2023. It is understood that the Shanghai Stock Exchange will list the corresponding Huaxia Kechuang 50ETF option contract and Yifangda Kechuang 50ETF option contract according to different contract types, expiration months and exercise prices. The expiration months of the first listed option contracts are June, July, September and December 2023. According to the price setting of science and technology innovation board stock, the price parameter of Kechuang 50ETF option is adaptively adjusted to 20%.


  As the first financial risk management tool listed in science and technology innovation board, Kechuang 50ETF option is highly concerned by investors. What is the significance of the launch of Kechuang 50ETF option, and what does this mean for investors?Director of quantitative investment department of Huaxia Fund and fund manager of Kechuang 50ETF(588000) were awarded.It is said to the financial sector that the launch of Kechuang 50ETF option undoubtedly provides an effective risk management tool for the market, which indicates that China’s stock option market has entered a new era of registration system and entered a "fast track" development stage. The specific positive impact can be observed from the following aspects:


  First, improving the quality of science and technology innovation board market and the pricing efficiency of science and technology innovation board spot market will help to stabilize the fluctuation of science and technology innovation board spot market.


  Secondly, it provides effective risk management tools for science and technology innovation board investors, helps them to manage spot risks more effectively, enriches investment strategies, enhances the attractiveness of science and technology innovation board, and thus attracts more long-term capital to flow into science and technology innovation board.


  Third, provide effective risk hedging tools for market makers in science and technology innovation board, reduce the inventory risk of market makers, give full play to the functions of market makers in science and technology innovation board, and thus improve the liquidity of science and technology innovation board.


  For investors, winning also suggests that it is also necessary to be cautious to participate in the trading of new options.


  Take a brief look at the two upcoming listings.Kechuang 50ETF option contract varieties


  The target of Huaxia Kechuang 50ETF option contract is "Huaxia SSE science and technology innovation board 50-Component Trading Open Index Securities Investment Fund", the underlying securities are abbreviated as "Kechuang 50", the securities expansion is abbreviated as "Kechuang 50ETF", the securities code is "588000", and the fund manager is Huaxia Fund Management Co., Ltd.


  The target of E Fund’s Kechuang 50ETF option contract is "E Fund SSE science and technology innovation board 50-Component Trading Open Index Securities Investment Fund", the underlying securities are abbreviated as "science and technology innovation board 50", the securities expansion is abbreviated as "Kechuang 50ETF E Fund", the securities code is "588080", and the fund manager is E Fund Management Co., Ltd.


  ETF option is a complex derivative product with leverage effect, and science and technology innovation board also has certain investor suitability requirements. Individual investors should be rational when they participate in the trading of 50ETF options, enhance their awareness of risk prevention, establish a correct investment concept, and make independent investment decisions prudently according to their own judgments. The emergence of Kechuang 50ETF option represents a significant improvement of science and technology innovation board’s "Strong Kechuang" characteristics.


  Since 2019, when the CSRC issued the "Implementation Opinions on Establishing science and technology innovation board and Pilot Registration System in Shanghai Stock Exchange", the introduction of science and technology innovation board and Registration System has become a major reform action to serve scientific and technological innovation enterprises, enhance market inclusiveness and strengthen market functions. The goal of science and technology innovation board is to provide services for scientific and technological innovation enterprises that are in line with the national strategy, break through key core technologies and enterprises with high market recognition. These enterprises mainly focus on the new generation of information technology, high-end equipment, new materials, new energy, energy conservation and environmental protection, biomedicine and other high-tech industries and strategic emerging industries. The existing three options of SSE 50ETF, CSI 300ETF and CSI 500ETF are mainly focused on the main board stocks, and the newly added Kechuang 50ETF option will better cover the science and technology innovation board market.


  The data shows that since the establishment of science and technology innovation board in 2019, by the end of April 2023, there were 519 listed companies with a total market value of 6.65 trillion yuan, and the scientific and technological innovation attribute of the sector continued to strengthen. Of course, science and technology innovation board’s high risk and high volatility also make investors face huge investment risks. In this context, the launch of Kechuang 50ETF option undoubtedly provides an effective risk management tool for the market.


  After the launch of Kechuang 50ETF option, the ETF option market will form a comprehensive coverage of risk characteristics such as blue chip, small and medium-sized market value and entrepreneurial innovation, and further improve the domestic on-site option product system. Investors can use ETF option tools to build refined risk management strategies such as index income enhancement and tail risk protection. Kechuang 50ETF option will fit different investors’ income expectations and risk preferences and match diversified wealth management needs. At the same time, investors also need to pay attention to the risk of option investment, which requires certain professional knowledge and risk management ability. Only in this way can investors make full use of Kechuang 50ETF options, achieve investment objectives and promote the sustainable development of science and technology innovation board.


  According to Rong Rong, Kechuang 50ETF(588000) is the largest and most liquid index product tracking science and technology innovation board on the market at present, with the scale exceeding 65 billion yuan by the end of May. Since listing, the band features are obvious, which is in line with the characteristics of high flexibility and high fluctuation of scientific and technological innovation enterprises. It is more suitable for investors with certain investment experience to operate the band in the secondary market, and can also be used as a medium-and long-term fixed investment variety off-site.


  Q&A


  What is the Kechuang 50ETF option?


  The Science and Technology Innovation 50ETF option of Shanghai Stock Exchange is a financial derivative launched by Shanghai Stock Exchange, which aims to provide options trading services for technological innovation 50ETF.


  Kechuang 50ETF Index is a portfolio of listed companies in science and technology innovation board market, and the top 50 technological innovation companies listed in science and technology innovation board market in China constitute this portfolio. Kechuang 50ETF option is an option contract, which allows the holder to buy or sell shares of Kechuang 50ETF at a certain price on the option exercise date.


  The trading unit of Kechuang 50ETF option is 100 shares, and the minimum change unit of option contract is 0.001 yuan. Option contract type: European option. European options can only be exercised on the expiration date, while American options can be exercised before or on the expiration date.


  What are the top ten constituents of science and technology innovation board 50-component index?


  SMIC, Jinshan Office, Zhongwei Company, Trina Solar, Lanqi Technology, Cambrian, Central Control Technology, Voice Holdings, China Resources Micro, and Western Superconductor. The proportion of the top ten is relatively average, and the main industries are manufacturing, information transmission, software and information technology services.


  What are the advantages and disadvantages of Kechuang 50ETF option?


  1. Don’t worry about selling your stocks too early or too late.


  To provide insurance for the underlying assets held by investors, when they hold spot stocks, they have already made book profits, but they are not optimistic about the market outlook at first. When they want to avoid the risk of loss caused by falling stock prices, they can buy put options as insurance without worrying about selling their spot stocks too early or too late.


  The royalties paid by investors are equivalent to the premiums paid. By the same token, when we are uncertain about the market trend, we can buy call (call) options first to avoid the risk of stepping on the air, which is equivalent to protecting the cash in hand.


  2. Reduce the cost of stock purchase.


  We can sell put (put) options with lower exercise price and lock in a lower purchase price for the stock (that is, the exercise price is equal to or close to the price of the stock we want to buy). If the stock price is above the exercise price at the expiration date, the option will generally not be exercised, and we can earn the royalties from selling the option. If the stock price is lower than the exercise price on the expiration date and the option is exercised, we can buy the specified stock at the exercise price originally locked, and the actual cost is reduced due to the income from royalties.


  3. Options can effectively master risk control.


  The nonlinear characteristics of option risk-return theoretically ensure that the income of buying options is infinite but the risk is relatively limited. Although the winning rate of the buyer who makes options is low, it is also an indisputable fact that each loss is limited to the option fee.


  4. Options can increase the potential income.


  When doing fund management, we usually set positions based on losses. If the unit risk is relatively large, our positions will be reduced accordingly, which will reduce our potential income space. If we use options to realize this strategy, because the maximum loss is limited to the option fee, the positions can be opened more fully accordingly, and the potential income will be larger.


  Advantages of kechuang 50ETF option trading:


  1. Unique profit and loss structure Compared with investment tools such as stocks and futures, options are different in their nonlinear profit and loss structure.


  For the long position of futures, the loss of the position will increase by one yuan every time the price rises by one yuan and the price falls by one yuan. For short positions in futures, the opposite is true.


  2. Shortcomings and risks of option trading: In option trading, the rights and obligations of buyers and sellers are different, which makes buyers and sellers face different risk situations.


  For option traders, both the buyer and the seller are faced with the risk of adverse changes in royalties. This is the same as futures, that is, within the scope of royalties, if you buy low but sell high, you can make a profit by closing your position. On the contrary, it is a loss.

Award-winning publicity of the first socialist core values theme microfilm (micro-video) collection and exhibition activity in Guizhou Province

 

In order to cultivate and practice the socialist core values, the Propaganda Department of Guizhou Provincial Party Committee, the Network Information Office of Guizhou Provincial Party Committee and Guizhou Provincial Radio and Television Bureau jointly hosted the first collection and exhibition of the theme micro-film (micro-video) of socialist core values in Guizhou Province. After the initial evaluation, re-evaluation and final evaluation, the list of winning works and organizational awards will be publicized.

 

Publicity time: December 19th to December 25th, 2023.

 

Tel: 0851-85377537,

 

0851-85893109 (fax)

 

Email: shzyhxjzg2023@126.com

 

If you have any objection during the publicity period, please reflect it in writing and provide relevant supporting materials. Reflect the situation must be objective and true, materials that reflect the situation in the name of the unit need to be stamped with the official seal of the unit, and materials that reflect the situation in the name of individuals should be real names and provide effective contact information.

 

Attachment: List of Award-winning Works and Organization Awards of the First Socialist Core Values Theme Microfilm (Microfilm) in Guizhou Province

 

First prize (2 movies in total, 1 micro-movie and 1 micro-video)

 

 

Second prize (4 movies, 2 micro movies and 2 micro videos)

 

 

Third prize (6 movies, 3 micro movies and 3 micro videos)

 

 

Excellence Award (8 movies, 4 micro movies and 4 micro videos)

 

 

Outstanding Organization Awards (8)

 

 

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Source: Dynamic Guizhou

 

Editor: Liu LuEditor: Zhou Ning Editor: Xu Fei