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The golden statue was released, and Zhang Jiahui eventually became emperor

　　　　"Day and Night in Tin Shui Wai" won 4 awards, Cheung Ka Fai and Bao Qijing were crowned Best Actor and Queen Actor, and "Ip Man" unexpectedly won the Best Picture



　　　　Bao Qijing didn’t become a movie queen until she was in her sixties, and Zhang Jiahui, who had worked hard for many years, finally won the recognition of the Academy Awards.



　　　　Xu Jiao won the Best Newcomer Award.



　　　　Donnie Yen (right) hugs Ye Weixin.


　　　　"Day and Night in Tin Shui Wai" won 4 awards, Cheung Ka Fai and Bao Qijing were crowned Best Actor and Queen Actor, and "Ip Man" unexpectedly won the Best Picture


　　　　Hong Kong News, the 28th Hong Kong Film Awards held an awards ceremony at the Grand Theatre of the Hong Kong Cultural Centre last night. "Day and Night in Tin Shui Wai" directed by female director Hui Anhua became the biggest winner, including best director, best screenplay, best actress, and best supporting actress. Four significant awards, while the best actor crown was also won by Cheung Ka-fai, who was optimistic in advance. The Best Picture Award went to "Ip Man" starring Donnie Yen, which broke the biggest upset of this year’s Academy Awards.


　　　　The winners of yesterday’s various awards did not have much suspense. "Day and Night in Tin Shui Wai", which was widely favored by industry insiders, won four important awards, including best director, and became the biggest winner without surprise. However, the best film was taken away by "Ip Man", which was greatly unexpected. "Ip Man" eventually became the biggest "dark horse" of this year’s Academy Awards.


　　　　The hit films "Red Cliff" and "Painted Skin" that received many nominations did not make it to the grand prize, and only won a few technical awards. Compared with the trend of "blockbuster blockbusters dominating the world" in recent years, this year’s Academy Awards have a great "return" trend, and this result is not surprising. On the one hand, "Day and Night in Tin Shui Wai" is indeed very strong. On the other hand, this year coincides with the centennial of Hong Kong films. It is also a good thing to have a local film win.


　　■ Acceptance speech


　　Best Actor Cheung Ka Fai, I don’t think it’s impossible


　　　　After winning the first best actor in his life at the Film Critics Awards, Zhang Jiahui, who has been in the film for many years, finally went to the next city this time, defeating his biggest rival Donnie Yen to win the best actor. Zhang Jiahui was very excited when he delivered his acceptance speech: "I didn’t dare to think about it at first, but seeing Obama as president made me feel that nothing is impossible." He also thanked two directors in particular: "One is Du Qifeng, because he introduced me to delicious seafood food stalls, he is a responsible and good doctor, a good feng shui gentleman; the other director is Wang Jing, I am actually a difficult person, but he is the most accommodating, otherwise I can only really rely on gambling to make a living."


　　　　This edition is written by Sun Linlin, a special correspondent for this newspaper in Hong Kong


　　■ Acceptance speech


　　Actress Bao Qijing thanked the jury for "respecting the elderly"


　　　　The moment Bao Qijing won the movie, the press room was filled with applause and cheers, just like the guests in the room. Bao Qijing’s award ended the four-year streak of winning the award by mainland actresses, and "recovered a game" for local actresses at the centennial of Hong Kong cinema.


　　　　Bao Qijing took the trophy in tears, saying it was the best gift he had received for his 60th birthday, and modestly thanked the jury for "respecting the elderly".


　　　　To director Xu Anhua, Bao Qijing also expressed gratitude: "I learned a lot from you when I made this movie. This movie has no money and no big names, but you still persevered with a very serious attitude and made a good work for everyone." Xu Anhua immediately sent her a "blow kiss" in response.


　　■ Moved


　　Lifetime Achievement Award Xiao Fangfang


　　　　Special tribute without applause


　　　　"Hsiao Fangfang won the Lifetime Achievement Award by the unanimous vote of the ten judges. To win this award in the century of Hong Kong film is also the highest respect for the winner. She is an exemplary figure, and her story is like a film that is both popular and popular." Before introducing Hsiao Fangfang, who has recently lost her hearing, the director Wong Kar-wai specifically asked the guests to "not clap, but to be quiet." In the subsequent broadcast of Hsiao Fangfang’s short film, Chow Xingchi played the voice.


　　　　Xiao Fangfang said: "Thank you for telling everyone not to greet me with applause. In fact, if an actor can’t hear applause and gets sick when he hears it, the actor is finished. Wei Zai [Tony Leung] and Bao Nu [Bao Qijing] don’t cry, if they weren’t as disabled as me, they wouldn’t have won this award. Thank you to my daughter, it’s not easy to be the child of a public figure, and thank you to my husband, even though he dozes off when he sees me."

Editor in charge: Li Xiuwei

Wang Jianlin’s first response to the Spanish building incident： Can’t afford to hide

　　China Central Broadcasting Network Beijing May 23rd news (reporter Liu Fei) According to the Voice of China "News Evening Peak" report, Wanda Group’s purchase of the Spanish building and investment in reconstruction can be said to be twists and turns. The event has been reversed several times. In 2014, Wanda Group bought the Spanish building for 265 million euros. But since then, there have been reports that the renovation plan has been resisted by the local municipal government and some citizens. Earlier this year, it was exposed that Wanda Group was going to sell the building.

　　These have repeatedly pushed Wanda Group and its chairperson Wang Jianlin to the forefront of public opinion. Last night, in an interview show, Wanda Group chairperson Wang Jianlin responded to this, saying that he could not afford to be offended and hide, but he did not rule out the possibility of "continuing to do it".

　　The Spanish Tower is located in Madrid, the capital of Spain, and is a local landmark. However, after the 1970s, the function of the building began to shrink and changed hands several times. In 2014, the building welcomed a Chinese buyer. Wanda Group bought the Spanish Tower from Santander for 265 million euros. Wanda Group’s development department staff said in an interview with the media that the renovation plan is due to the consideration of building quality. The best solution is to demolish the building and restore it inch by inch to ensure that there will be a high-quality landmark building in the next 40 or even 100 years.

　　But since then, it has been reported that Wanda and the local government cannot reach an agreement on the renovation plan of the Spanish building. The Madrid Local Historical Heritage Committee asked to keep the original appearance of the west side of the building and the facade on both sides of the side; some local citizens established an "anti-Wang Jianlin demolition and reconstruction" website, and within a few weeks, it won the support of the 70,000 citizens. Wang Jianlin said that from the cost point of view, if it can be renovated, he does not want to rebuild. "Experts in Spain have identified that due to the non-use of the reasons, a lot of steel bars inside are corroded, and this building can no longer bear the load and must be demolished. It is not my opinion. As for me, I went like a’local tyrant ‘and said that this building can still be used. How can I demolish it and start again? Isn’t it more cost-effective to renovate this building a little bit? The cost of demolition and reconstruction is higher, but there is no way. "

　　Facing resistance from the local municipal government and some citizens, Wang Jianlin said that no more investment would be made, and another tourism project originally planned for Spain would also be "moved."

　　Wang Jianlin said frankly, "I didn’t expect that as soon as the general election was held, the government that sold me this building and signed the agreement would step down. The opposition party that came up said no, no, no. After negotiating with him for a long time, it was no. I told my colleagues in the overseas center that since we said no, we can’t afford to be offended. We can hide, sell it, and let’s leave. We announced that this building is going to be sold and will no longer be invested. And a bigger tourism project that was originally scheduled for Spain has now moved to France."

　　However, according to local media reports, the local government is concerned that the news of Wanda’s sale of the Spanish building will make other interested investors in Madrid worried. Wang Jianlin said that due to factors such as local employment pressure, the local area is still discussing, and if an agreement is reached, it will not be ruled out to continue the project. "The [local] government has now come to discuss with us that you still continue to do it, and it can be demolished, so we are now waiting for him to give us a final official letter. You say whether we can rebuild, and it is not ruled out that we will go back and fix it. After all, this location is important. We will not have trouble with money."

　　As for the twists and turns of the Spanish building investment project, Wang Jianlin said that it is necessary to keep in mind the lessons. You cannot invest in projects without planning permission in the future. It is also a lesson for Chinese companies to keep in mind.

　　Analyzing Wanda Group’s investment in the Spanish building, Chen Fengying, director of the Institute of World Economics at the China Institute of Contemporary International Relations, said that Chinese companies should pay attention to political, legal, economic and other issues when they go out. The first is the change of regime. Such cases often occur internationally. The second practical issue is the issue of legal procedures. There is still a certain gap between China and the world, especially in the West. The last one must pay attention to the economic situation in this region. If there is a problem with the economic situation, they will be xenophobic, and changes in their mentality will also affect the normal progress of the merger and acquisition case.

The age limit for taxi drivers has been relaxed in many places： from 60 to 65

　　Another city has relaxed the age of taxi drivers. According to the "Regulations on the Administration of Passenger Taxi Vehicles in Huzhou City, Zhejiang Province, which came into effect in October, the age limit for applying for a passenger taxi driver qualification certificate in the city has been extended from 60 to no more than 65 years old.

　　Surging News found that cities such as Hangzhou, Chengdu, Shenzhen, Qingdao, Kunming, and Weifang have previously extended the age of taxi driver qualification from 60 to 65.

　　The "Regulations on the Administration of Passenger Taxi Vehicles in Huzhou City" is the first local legislation in the field of transportation in the city and the first local legislation in the field of road transportation in non-sub-provincial cities in Zhejiang Province. The "Regulations" lower the threshold for the operation of new business enterprises and allow cruise cars to integrate online car-hailing operations. At the same time, increase humanistic care for employees, clarify driver praise and incentive measures, break the restrictions on employee registration, and provide single work injury insurance for employees in new business formats.

　　In order to optimize the market business environment, the "Regulations" lower the threshold for platform economic access, reduce administrative intervention in capacity delivery, establish a capacity monitoring and dynamic adjustment mechanism to achieve market-oriented dynamic adjustment; clarify that the freight rate of cruise vehicles can be adjusted by the market to enhance the enthusiasm of operators. In addition, it stipulates the situation of business withdrawal to reduce the impact of market adjustment failure.

Tiggo 8 PRO will be listed, and these independent SUVs have been pushed forward successively, and their strength has been greatly improved.

A few days ago, the official map of Tiggo 8 PRO was officially released to the public, with a younger design and a stronger sense of interior technology, which instantly gained great market attention. Indeed, with the trend of youthfulness sweeping the automobile circle, a number of independent compact SUVs have been pushed forward this year, and their product strength has also been greatly improved. Today, "Car Circle" will take stock of several heavy new cars worthy of attention this year. You can look at them first when buying a car.

Tiggo 8 PRO: Kunpeng DHT Blessing

As a member of the Tiggo 8 family, the design of Tiggo 8 PRO is obviously more in line with the aesthetics of young people. The shape of the new car is very scientific and technological, especially the large-area deep black front grille, which is decorated with internal dot matrix, and the fashion sense is also strengthened. The headlights on both sides are also full of technology. It is worth mentioning that the fog light area and the front lip are decorated with gold chrome plating, and the texture is obviously improved. The tail adopts the popular through taillights, and the exhaust design of four sides brings a full sense of movement.

The interior design style is relatively simple, and the unique 24.6-inch curved screen at the same level is blessed, and the scientific and technological atmosphere is directly filled. The decorative board of the center console is very textured. Configurations such as W-HUD head-up display and SONY audio will not fall. Power is a bright spot. The car will provide 1.6TGDI, 2.0TGDI fuel, Kunpeng DHT and other power for consumers to choose from. At the same time, the car will also provide a full-scene intelligent four-wheel drive system, which will be jointly built by ZF and can provide six full-scene road conditions. It is foreseeable that Tiggo 8 PRO will also inject new kinetic energy into the brand.

: The wheelbase is ahead at the same level.

A few days ago, a new generation released the official map, and the new car will be unveiled at the auto show. The new car adopts a large-size front air intake grille, decorated with phoenix and feather elements inside, and matched with penetrating light strips and matrix headlights, which is very scientific and fashionable. It is worth mentioning that the LOGO of the new car has moved to the hood, which is relatively rare in its class. The waistline of the car body is rich, and the designs of hidden door handles and double five-spoke wheels are also very fashionable.

The tail adopts the popular through taillight group, and the unique rear enclosure design further enhances the recognition of the whole vehicle. The length, width and height of the new car are 4,655/1,890/1,655 (1,664) mm, and the wheelbase is 2,765 mm. This kind of body is at the leading level in its class, and the space is better guaranteed. The interior is expected to adopt a dual screen design, and the Luoshen intelligent cockpit system should not be missing. In terms of power, the new car will be equipped with a 1.5T engine with a maximum power of 188 HP, which is expected to match the 7-speed wet dual clutch box.

Second generation CS75PLUS: Aisin 8AT comes standard.

As a star product in the compact SUV market, the second-generation CS75PLUS has ushered in the market, and the official guide price is 124,900-154,900 yuan. The new car offers two front face designs, among which the whale tail wave grating is more atmospheric; The crystal matrix grid is biased towards technology. The side of the car body has been upgraded for materials and techniques, which makes it more textured. The flame streamer energy taillights at the tail need not be said at night. Fighter-style four-out tail row also brings a good sense of movement.

The interior uses a familiar dual 12.3-inch LCD screen, which integrates functions such as WeChat, navigation and air conditioning. The first intelligent W-HUD head-up display, a new generation of IMS intelligent interactive system, APA5.0 automatic parking, mobile phone Bluetooth key, SONY stereo, 540 HD panoramic image, panoramic sunroof and other configurations have not fallen. In terms of power, the car offers NE1.5T and 2.0T engines, and both are equipped with Aisin 8AT gearboxes. If the power requirement is not high, the 1.5T version is enough, and both power and fuel economy can be well taken into account.

S: coupe design

At present, S has officially ushered in the listing, and the price range is 10.99-14.29 million yuan. The upper and lower split air intake grille, the blackened internal mesh and the "Ge" headlights on both sides make the whole front face look full of tension. The side of the car body is slender, with five-frame rims, large slip back design and low posture, which looks very coupe. The tail design is layered, and the through taillights are very creative. The wheelbase has reached 2750 mm, which is above average in its class.

The interior is wrapped in a large area of leather, and the texture is there. The design of flat-bottom multifunctional steering wheel, electronic lever, touch+knob air conditioning control, oversized double screen, etc., the scientific and technological atmosphere is in place. At the same time, the D-Life 5.2 AI intelligent ecosystem supports voice interaction, intelligent furniture and other functions. The L2 automatic driver assistance system also empowers the driver’s safety. In terms of power, the car offers two power combinations: 1.5T+7DCT and 2.0T+ Aisin 6AT. The maximum power of the 2.0T engine is 165kW.. More importantly, it is really attractive to start the 2.0T version of the car with less than 130,000 yuan.

Ok, the above is the number of independent heavy compact SUV models that "Car Circle" has counted for everyone this year. After the innovation/replacement, their product strength has also been greatly improved, and the differentiation advantage in the same level is more obvious. In the near future, users with relevant car purchase needs can focus on the above models.

Zodiac and cats

Er Ya Yi said, "Cats are the fiercest of small animals. Yin and fear of cold, although lying in the middle of the summer is not afraid; The nose is cold and wet at all times, but it is warm at the summer solstice. If the eyes are fixed in the morning and evening, the day will be like a line, and if it is cloudy, it will be demobilized. After catching rats, its ears are missing like saws, such as tigers eating people and sawing ears. If you wash your face, you will win. " Cats are pets of countless families in today’s cities, and there are countless photos of cats in MengMeng when you open the webpage, which is very cute! In that case, why is it not in the zodiac?

Liang Kai in Southern Song Dynasty’s "The Picture of a Bee and Butterfly Playing Cat" (partial)

There is a saying that there were no cats in our country when the zodiac was scheduled. It was only in the Han Dynasty that this animal was introduced from Egypt, so it is impossible to have cats in the zodiac. So was there a cat in China before the Han Dynasty? Is the cat native to China or imported from abroad?

The selection and arrangement of the zodiac is to compare each animal with people and select 12 animals with specific defects as zodiac signs. Rats have teeth and no teeth, cows have no teeth, tigers have no spleen, rabbits have no lips, dragons have no ears, snakes have no feet, horses have no guts, sheep have no pupils, monkeys have no hips, chickens have no kidneys, dogs have no stomachs, and pigs have no tendons. Naturally, such defects are symbolic, but people do not have these defects. When the sages chose twelve kinds of animals as zodiac signs, they didn’t take the biological characteristics of these animals as the necessary basis. For example, the dragon in the zodiac is not found in the real animal world. The reason why it was also selected into the zodiac is that our sages deified the dragon.

Except snakes, the chronological order of the zodiac is based on the odd-even number of each animal’s paw. Odd digits of paws are arranged in odd digits, and even digits are arranged in even digits.

Rats have four paws on the front foot and five paws on the back foot, which straddle the boundary of Yin and Yang when they are young. When the night is from 23: 00 to 24: 00, they are represented by four paws on the front foot, and when the sun is born, they are represented by five paws on the back foot, which means that the function of bearing Yin and enlightening Yang belongs to rats, so they are expelled when they are young. Cows are artiodactyls, and ugly steaks are second; Tiger has five claws, odd number, and the third is Yinshi tiger; Rabbits have four claws, even number, and the fourth is Maoshi rabbit; The dragon has five claws, odd number, and the fifth is Chenshilong; Snakes have no feet, but the tongue of snakes is bifurcated into two or even numbers, and the sixth is the fourth snake; Horses have round hooves, round hooves, yin and yang meet and blend, and the anode is cloudy. From 11: 00 to 13: 00 at noon, the yin and yang are evenly integrated, so the seventh place is noon horses; Sheep are cloven-hoofed animals, ranking eighth as untimely sheep; Monkeys are also five-clawed, odd-numbered, ranking ninth as Shenshi monkeys; Chickens are four-clawed, even-numbered, and the tenth is unitary chickens; Dogs have five claws, odd number, and the eleventh is the dog; You Zhu is an artiodactyl animal, ranking 12th as the Herpetus pig. In the year of the Zodiac, heavenly stems and earthly branches is a 60-year cycle, and the earthly branch is the year of the Zodiac.

The above 12 zodiac animals have clearly put tigers in. Perhaps it was not that there were no cats in our country at that time. Cats and tigers belong to the same family, and the tiger patterns are gorgeous and magnificent, which is incomparable to cats. In people’s aesthetics, they must choose tigers instead of cats.

Hu Zaobin’s Gu Ying Proud in the Republic of China

Let’s talk about whether there were cats in ancient China.

The Book of Songs Daya Han Yi says, "Kong Le Han Tu, Chuan Ze, Fu Fu, Fu Lu, Xiong, Hu, cat and tiger." Chapter 40 of Yi Zhoushu’s Interpretation of the World’s Prisoners contains: "The King of Wu was inaugural, and there were two birds and tigers, two cats, five thousand two hundred and thirty-five, two rhinoceroses, one yak, one bear, eight jackals, three hundred and fifty jackals, eight raccoons and six owls."

The Book of Songs, Han Yi, itself is the work of Yin Jifu’s beautiful Xuan Wang, which is about the end of the Western Zhou Dynasty. The titles in Yizhoushu are definitely not written by one person and have different ages. However, Mr. Guo Moruo thinks that only three or two articles in Yizhoushu can be trusted as early Zhou characters in his book A Study of China Ancient Society, and The Interpretation of World Prisoners is one of them, which is the most credible. In the preface to Yi Zhou Shu, Li Xueqin also believed that The Interpretation of World Prisoners was a work in the early Western Zhou Dynasty.

In the poem "Han Yi", domestic cats are so small that they can’t be qualified to be sung in parallel with large mammals such as deer, bears, tigers and leopards. King Wu can’t show off his valor by killing a kitten when hunting. The cats in these two articles are definitely not domesticated domestic cats, but should be bobcats the size of tigers. But at least this article tells us that the word "cat" has been widely used in the pre-Qin period before Han Dynasty and even in the early years of Zhou Dynasty. The animal character "cat" must have been created after the cat first. Shuo Wen Xu said: "Cang Xie, the history of the Yellow Emperor, saw the traces of birds and animals’ hooves, and knew the differences and differences, and he first made a book contract." Xu Shen’s textual research tells us that Cangjie’s characters are made according to birds and animals. The word "cat" came first, and then the word "cat" came out. In the Song Dynasty, Lu Dian explained the mouse cloud: "Rats harm seedlings, and cats can catch them, so cats follow seedlings." This poem also tells us that the seedlings of Chinese farmers have been harmed by rats since ancient times.

"The Book of Songs Xiaoya Datian": "Fuck the moth and its pest, it’s harmless to my field. Tian Zu has a god, and he is burning with fire. " In the Song Dynasty, Luo Yuan wrote in Er Ya Yi: "People are also those who are angry when they go to repel insects and thieves. Those who go to the field of voles are cats and tigers. " And Luo would like to think that cats and tigers are the gods of Tian Zu. Rats kill seedlings and jackals destroy crops. Cats catch mice to raise seedlings, while tigers eat pigs to protect crops (crops that are ripe for storage are called crops). During the week, farmers regarded cats and tigers as grain gods and greeted them with sacrifices. "Book of Rites, Special Sacrifice in the Suburb" contains: "Welcome the cat and eat voles for it; Welcome the tiger and feed it. Welcome and sacrifice. " The Duke of Zhou made rites and made merry, so the cat here is definitely not a bobcat hunting, but a cat that is the natural enemy of rats. This is also the cat of the Zhou Dynasty, but also the cat of China.

(Source: The first issue of Literature and History Knowledge magazine of Zhonghua Book Company in 2023)

Reporting/feedback

Brush the screen! The 63-year-old chairman of China’s largest gold mine married his 38-year-old wife. The company has a market value of 150 billion yuan. Bride： Believe in love!

Source: China Gold Online Network
A shares closed in September: the Shanghai Composite Index fell by more than 5% in five consecutive Yin San stock indexes.
Is it love or money behind the marriage with a difference of 26 years?
On October 7th, the wedding of Chen Jinghe, chairman of Zijin Mining, was brushed on Weibo Hot Search.
Image source: Sina Weibo
The bride said at the wedding that true love can cross and break through the boundaries of age. The groom is the owner of the largest gold mine in China, and the market value of listed companies exceeds 150 billion. The bride, Ms. Qian Bing, is an economist and M&A dealer.
The video circulating on the Internet shows that at the wedding, the bride Qian Bing teased that when she first met Chen Jinghe, the mining expert might have found that the girl in front of her was a high-grade gold mine.
The wedding is hotly debated.
It is said that in China, gold has Chen Jinghe, copper has Wang Wenyin and aluminum has Zhang Shiping.
According to the data, 63-year-old Chen Jinghe graduated from Fuzhou University with a master’s degree in geology, a professor-level senior engineer, enjoying special allowance from the State Council, a deputy to the Tenth People’s Congress of Fujian Province, and a vice president of the China Gold Association. From 1986 to 1992, he worked in Minxi Geological Brigade, was the main discoverer and exploration organizer of Zijinshan Copper Mine, and served as the chairman of Zijin Mining since 2000.
While netizens are curious about what kind of beautiful woman the chairman of this listed company with a market value of over 150 billion yuan married, the 25-year-old age difference between 63-year-old Chen Jinghe and 38-year-old newlywed wife also triggered a heated discussion among netizens. Some netizens said that they "don’t believe in love", and some netizens thought that "a perfect match is a blessing".
Net biography, the bride’s name is "Qian Bing", an American MBA, who has served as the vice president of the channel department of a famous financial company for many years, and is an economist and M&A trader. In this regard, some netizens ridiculed that this marriage is the most successful merger and acquisition made by Ms. Qian.
Image source: Netease News
Many netizens have begun to express "believe in love"
It is understood that Chen Jinghe was not married for the first time. His first wife Lai Jinlian died of illness in January 2013, and Chen Jinghe sent a special message to mourn his beloved wife.
Wind data shows that Zijin Mining has a total market value of 156.1 billion yuan and a total share capital of 25.4 billion shares. The latest share price of A shares is 6.15 yuan, and the share price of Hong Kong stocks is 5.16 Hong Kong dollars. The actual controller of Zijin Mining is Minxi Xinghang State-owned Assets Investment Management Co., Ltd.
According to the 2019 annual report, as of the end of last year, Chen Jinghe held 127 million shares, which was not among the top ten shareholders.
Image source: the company’s 2019 annual report
According to the semi-annual report of Zijin Mining in 2020, on July 27th, 2020, Chen Jinghe transferred 51 million A shares of the company to his son due to the arrangement of family property distribution. According to the latest stock price calculation, these shares are worth 314 million yuan.
Image source: 2020 semi-annual report
As of the reporting period, Chen Jinghe still holds 76.05 million shares of the company (including 15 million H shares). According to the latest stock price calculation, its market value of A shares is 375 million yuan, and the market value of Hong Kong shares is 77.4 million Hong Kong dollars.
Flying out of overseas "black swan"
In April this year, Zijin Mining announced that the company’s Bogla gold mine project in Papua New Guinea (hereinafter referred to as "Papua New Guinea") did not obtain the application for extension of the special mining rights of the Papua New Guinea government.
The data shows that from 2017 to 2019, the mineral gold of Zijin Mining was 37.48 tons, 36.5 tons and 40.83 tons respectively. In 2019, the company got 8.83 tons of equity output from Bogla Gold Mine, which was the largest source of mineral gold, accounting for about 21% of the company’s total mineral gold in that year. The company’s second and third largest gold mines did not exceed 6 tons. Zijin Mining said that the suspension of production of Pogra gold mine will have a greater impact on the company’s gold production. Affected by this, Zijin Mining’s share price plummeted by more than 9% the day after the announcement, and fell by nearly 10 billion yuan in just one day.
According to the latest news of mining journal, on September 25th, the Supreme Court of Papua New Guinea rejected the application for the renewal of the mining right of Bogla Gold Mine. The Supreme Court of Papua New Guinea also ruled that the gold mine will be operated by the Papua New Guinea state-owned enterprise Kumur Mining Holdings Co., Ltd.
Meanwhile, on September 30th, PNG Prime Minister James Marape issued a statement: "I urge barrick companies to be humble and abide by the rule of law." According to the statement, in the mining development contract signed by barrick and PNG Mineral Resources Administration in 1989, there was a clause that reserved the government’s right to Pogra Gold Mine, namely, "Pogra Gold Mine became a national asset on the date when the mining right expired, and the state did not bear any expenses or compensation."
Although the "black swan incident" was exposed, the shares of Zijin Mining A shares and Hong Kong stocks have been on the rise since March. Among them, in just 113 trading days from March 19 to September 1, the cumulative increase of A-share price was as high as 119.28%, and then it fell back.
Source: Wind
As for the decline in output that may be caused by the extension of the application for renewal of mineral rights in Bogla Gold Mine, Chuancai Securities believes that Zijin Mining’s acquisition of Buritika Gold Mine and Guiana Gold Field will increase the production capacity of 13 tons of mineral gold, which can effectively make up for the decline in output that may be caused by the extension of mineral rights in Bogla Gold Mine. In the future, the company’s mineral gold output will grow steadily and remain above 40 tons.
Reporting/feedback

The US Defense Secretary visited Israel and said that the war will transition to the next stage, from ＂large-scale fighting to low-intensity conflict.＂

Israeli Defense Minister galante said in Tel Aviv on the 18th that the Israeli army’s operations in the Gaza Strip will gradually transition to the next stage.

It is reported that US Defense Secretary Austin visited Israel on the same day and met with Israeli Prime Minister Netanyahu and galante to discuss the situation in the Gaza Strip.

At a joint press conference after his talks with galante, Austin said that he had discussed with Israeli Defense Minister galante how to reduce the harm to civilians, and mentioned that the war would transition from "large-scale fighting to low-intensity conflict". "Any campaign will have several stages, and we will continue to urge (Israel) to protect civilians during the conflict and increase humanitarian assistance into Gaza."

Galante said that the Israeli army will continue to carry out operations with different intensities according to the situation in the Gaza Strip, and will soon be able to distinguish different regions. In "every region where we complete our mission", we will gradually transition to the next stage. The northern Gaza Strip may achieve this goal faster than the southern Gaza Strip.

In addition, some American officials predict that Israel may gradually adopt a low-intensity and localized war strategy before January next year, including targeting specific Hamas militants and leaders.

Some analysts said that Austin’s visit can be called "a delicate balancing act". Because Netanyahu’s violent bombing of Gaza has triggered strong global protests and ceasefires, Biden’s government is facing increasing pressure at home and abroad. However, when meeting with Netanyahu, Austin stressed that the United States will continue to provide Israel with military assistance such as ammunition, vehicles and air defense systems.

Wen Hao reporter leng Shuang
Tuqi foreign media