Decoding the Amazon empire: don’t fight Bezos

Tiger Sniff Note: Matt Ward is an angel investor, start-up consultant, entrepreneur, writer and cryptographer. He published an article on thinkgrowth, detailing the development strategies of the four major science and technology giants in the world today. This article is the first in this series, and the original text isAmazon: The Company Consuming ConsumersInterested friends can click to read.

Compile | Crow Mounted Police

Today’s Amazon looks unstoppable.

The online book buying company founded by Bezos can now be said to be the most dominant and diversified enterprise in the world. At present, their goal is to become the first enterprise in the world with a market value of $1 trillion.

People in the scientific and technological circles have already reached a consensus on the greatness of Amazon, but this is not the case in the eyes of the public. There are still many misunderstandings about this company, so it is necessary for us to study it deeply.

Amazon’s empire today

Unlike most of the Fortune 500 companies, Amazon is characterized by diversification. Most companies only rely on one or two explosive products, butAmazon owns an entire army.. Supporting this "military empire" are "five pillars": Amazon website, Amazon AWS cloud service, Alexa smart speaker, Whole Foods Supermarket and Amazon Prime service.

 

One of these five businesses is enough to amaze the world; So once they are combined, the final "completed body" must be the largest commercial ship in the world.

In order to better understand this behemoth, you need to know about this "five pillars" first.

1. Amazon Mall: the world’s number one e-commerce supermarket

In the eyes of westerners, Amazon is the most monopolistic enterprise in the world, and its position can almost be said to be unshakable. Take a simple data: last year, their revenue was $136 billion, with a double-digit growth rate.

What is even more frightening is that this company is expanding their market territory almost every year. At present, Amazon has won the top 10 major markets in the world. In addition to the earliest North America and Europe, Japanese, China and Indian in Asia also have their footprints. At present, they are establishing a new "base area" in Australia.

More importantly, the train of e-commerce is still roaring forward. Thanks to the strong logistics system construction and the blessing of third-party sellers on the platform, Amazon has actually become a full-category online mall. According to 2017 data, Amazon accounts for 44% of the US e-commerce; And they have increased by at least 13% every year for the past five years.

This growth is not limited to the United States. In Amazon’s total revenue in 2016, 35.5% was contributed by overseas markets; In 2015, this figure was 34%. In the end, the double harvest in domestic and international markets contributed to the soaring of Amazon’s stock.

But there is one project that needs to be pointed out in particular, and that is Amazon Besi.(Amazon Basics). For sellers who have done business on this platform, Amazon Basics is definitely an ugly word. The platform was originally a gathering place for Amazon’s third-party sellers, but Amazon officials secretly collected the sales data of these sellers, found the most popular products, and then launched "counterfeit products" on their own main platform.

I have seen dozens of products "fortunately" copied by Amazon; I have also witnessed many friends being suppressed by Amazon in this way. exactly,Besides consumers, the only thing Amazon cares about is its main platform.This dirty trick against third-party sellers also indicates Amazon’s future business thinking: now, all third-party sellers on Amazon Besi have been replaced by Amazon’s own business-yes, Amazon only wants to monopolize consumers, and they don’t even want to leave any profits to others.

This kind of thinking is not only aimed at sellers, but also at buyers. For sellers, of course, entering Amazon will get considerable benefits, but Amazon is like junk food. Occasionally, it may taste great, but long-term consumption will bury health risks for itself. Brands are scrambling to squeeze into Amazon, which is nothing more than taking a fancy to hundreds of millions of consumers on the platform; But what they don’t know is that this kind of attempt is actually to quench thirst by drinking poison. Although entering Amazon can bring short-term benefits, in the long run, it is more likely to lose money.

The market is dead. Because the platform builder has become a market competitor.

Excessive support for self-operated products objectively reduces consumers’ choice space, and also makes Amazon’s bargaining power continue to rise. So for consumers, this is not a good thing.

2. AWS: the world’s first network service company

Although Amazon’s e-commerce business is already extremely powerful, in contrast, AWS’s performance is even more eye-catching.(Note: I personally think that Amazon should divest AWS business as soon as possible before the regulatory authorities start to implement anti-monopoly measures)

The purpose of Amazon to build AWS is to better serve its own market. They need AWS to empower Amazon.com with excellent image and information processing capabilities. Only in this way can Bezos be Bezos, and Amazon’s products can maintain their consistent modular style.

AWS is growing, and Amazon Mall is constantly cutting prices. Obviously, this is to crack down on competitors in the same industry, and one of the final results is to make AWS more competitive in the market.

 "Your profit is my opportunity"-Jeff Bezos

Today, 42% of websites are supported by AWS. This figure is even more than the combined market share of cloud services of Microsoft, Google and IBM.

However, considering that AWS is easy to use and reasonably priced, this result is not surprising.

Similar to the e-commerce business, the growth trend of AWS shows no signs of slowing down at all. At present, this business has accounted for 10% of Amazon’s total revenue, and the revenue in the third quarter of 2017 was 4.6 billion US dollars, a year-on-year increase of 42%; Net profit reached $1.2 billion, an increase of 12% over the same period in 2016.

The foundation of most websites is based on Amazon’s infrastructure.

3. Alexa: the world’s number one voice assistant

In 2014, Amazon’s "Monster Family" was added.

For those who have no need to buy books, Amazon is not in a hurry.,Because they will always find a way to include you in their network, so in the end you will realize that,The goal of this company is to win all customers.

And Alexa is the concrete embodiment of this ambition. With the sudden explosion of Alexa products, Amazon spies can finally sneak into your home.

Want to know why I say this?

Just ask a simple question: "How do you buy things?"

Alexa exists to replace all products, and its goal is to make you buy everything smoothly and seamlessly. Compared with voice communication, the mode of clicking and ordering is too primitive.

 "Hey, Alexa, we’re out of toothbrushes and toilet paper … by the way, buy another cotton ball!"

For Amazon, the subtlety of Alexa lies in choice.  

In the past, most users would choose their favorite brands when shopping in Amazon official website; But now, the appearance of Alexa will change this habit. As the above example shows, when a user wants to order Alexa to buy some daily necessities, he will generally only declare to the latter that he wants to buy a certain type of product, without emphasizing the specific brand of the product. So over time, users will find that almost everything they buy comes from the same platform-Amazon Besi.(Because Alexa’s default shopping platform is this). Since Amazon Besi has become the sales platform of Amazon’s self-operated products, this consumption habit cultivated by Alexa will eventually enable Amazon to successfully defeat other well-known brands on its own platform.

I know that many users love Echo mainly because of Alexa’s wonderful voice. But I have to tell you that this is just a means for Amazon to achieve its goal, and their real goal, as I said above, is to be the only provider of your daily necessities. At present, Alexa’s work is progressing smoothly. According to the data provided by Amazon, in the third quarter of last year alone, they sold more than 20 million Echo sets. I can’t imagine how much this number will increase on holidays …

Further, what if Amazon decides to provide you with food?

4. Whole Foods Supermarket: the 10th grocery store in the world.

Oh, wait, Amazon bought Whole Foods Supermarket for about $13 billion in 2017. So now, things become more interesting …

In a word, Amazon has bought a complete sales network with complete functions and balanced supply and demand.

Amazon’s ambition to covet the food retail industry has long existed, but because of transportation problems and food preservation problems, Amazon’s previous efforts ended in failure. The acquisition of Total Foods is a new opportunity for Amazon. Thanks to the complete supply chain of Whole Foods, Amazon can greatly reduce the supply risk and provide various food products for online customers. Of course, there will be some bad situations, for example, some ham and cheese can not be sold online; But this is just as well. Amazon will choose to significantly reduce the prices of these products in physical stores to clean up the inventory.

The addition of the whole food will also make more new scenes in the interaction between users and Alexa, such as:

 "Hey, Alexa, I want a gallon of milk, a loaf of bread, two barrels of yogurt and a jar of peanut butter. In addition, my recipe also includes pizza crust, ketchup and pepperoni. Please add these to my shopping cart! "

Similar scenes can lead to more possibilities. A realistic and reasonable imagination is that Amazon uses AI to recommend many dishes for you according to your favorites, and you are responsible for checking the dishes tonight, while Amazon will automatically place an order for you. Buy ingredients. What do you think? Is it interesting?

Now you can see why the market value of major supermarket chains evaporated by $13 billion after the acquisition was completed …

5. Amazon Prime: the second video service platform in the world; The sixth music streaming media service platform in the world

 The last of Amazon’s five pillars business is a bit complicated. On the one hand, Amazon Prime provides free 2-day delivery service in the United States, on the other hand, it is a streaming media entertainment content platform.

This is an excellent "flywheel connector". Research shows that the average spending of Prime customers is twice that of non-members.($1,300 vs $700)But if Amazon decides to reduce the membership fee to $7.99/month, they may earn more.

The reason lies in Prime Music and Prime Video. Both of these services provide unlimited free streaming services, which enable all authorized and original content of Amazon to compete directly with services such as Spotify and Netflix.

Although there is less original content on the Prime platform at present, and the quantity is less than those of Amazon’s competitors, the key point is-free. As we all know, free services can firmly bind users to Amazon’s product ecosystem.

If you can get 2-day free mail service without using Netflix and Spotify, I guess you will definitely check more products.

It is estimated that there are currently 63 million families in the United States who are Prime members, accounting for about 35% of the total population. Prime service increased Amazon’s recurring revenue by $1.9 billion in the first quarter of 2017, and doubled the purchase volume of almost every household-but this is not enough. For the number of members, Amazon’s principle is only four words: the more the better.

Amazon has "five pillars of business", any of which is enough to stand tall.

But the story is not over yet, and Amazon still has broad future development opportunities.

Amazon’s growth opportunities

Looking ahead, Amazon’s strong leadership and foresight are enough to make them invincible in the competition. The five main businesses all have great development potential and will usher in strong growth in the future.

However, Amazon is not satisfied with this. They are investing heavily in the next potential opportunity. Let’s take a look at them one by one:

1. Expand the market territory of Amazon Besi.

As mentioned above, Amazon Besi is the ultimate answer of Amazon Empire. Control the end-to-end service and you win everything. At present, although Amazon has invested a lot of resources in this business, they still have a long way to go.

As of December 14, 2017, Amazon Besi had 1,500 products.(300 models in 2013)However, with reference to the 480 million products of Amazon official website, the improvement space of Amazon Basics is full of imagination.

2. divest AWS business

I have always believed that Amazon is on the cusp of regulation. Although unlike Facebook, Google and Twitter, it is often at the forefront of public opinion, Amazon has approached the red line of supervision in many fields, naturally because of alleged monopoly.

As people and legislators gradually deepen their understanding of the Internet industry, it is only a matter of time before relevant departments get involved in Amazon. Prior to this, Amazon should pre-empt the AWS cloud service and stay away from the attention of antitrust agencies. After all, AWS is the only one of Amazon’s five branches that does not focus on business and logistics; This business is also the most suitable for independent development among the "five pillars".

Once the business divestiture is completed, the possibility of government intervention will be greatly reduced. What’s more, we all know that no matter what Amazon does, its share price will rise. Therefore, it can be predicted that the total market value of the new company and Amazon parent company after AWS independence is likely to exceed the current figure of 604 billion US dollars.

3. Expand the offline retail industry

Amazon seems to have made up its mind to build an offline physical retail store. Although the one-click online shopping model has made them earn a lot of money, they are also very aware of the importance of offline shopping experience. Some people think that once the physical retail store is completed, Amazon.com will become an important hub for users’ offline conversion rate and sales promotion; And Amazon’s offline stores will in turn boost the turnover of Amazon official website.

I basically agree with this statement. After all, Americans really like to try on clothes in offline stores. In my previous article, I also mentioned that if you really want to build a physical store, then the goods in the store must have at least one of the following two characteristics:

4. Increase the proportion of video content

Have you seen The Big Sick? This is a movie made by Amazon Studio, and the producer is Kumail Nanjiani. For a long time, I thought it was one of the most wonderful movies I have ever seen.

In 2017, Amazon spent $4.5 billion on original content. They saw the defeat of Netflix(market value of 90.57 billion US dollars)Hope, and the weapon is the original video program on Prime Video. Yes, Amazon has realized that streaming media is the future of video entertainment content.

As Amazon constantly updates its own video library, their evergreen content will not only please old customers, but also continuously contribute new members to Amazon Prime.

In a content(attention)For the king’s world, Amazon has successfully owned users’ hearts, brains and wallets.


5. Pay attention to the food industry

After winning Whole Foods Supermarket for $13 billion, the market value of American grocery industry reached $800 billion, which is six times that of Amazon’s global sales.

This contrast is obviously meaningful. However, if Amazon wants to succeed in this vast market, it must concentrate on properly allocating resources. I believe that if the decision is correct, Amazon has the opportunity to quadruple its sales in the next few years.

6. March into the pharmaceutical industry

The pharmaceutical industry is a big business in the United States, and Amazon certainly knows it. It is reported that Amazon’s actions in the pharmaceutical industry have aroused the concerns of major pharmaceutical companies such as CVS and Walgreens.

It is estimated that by 2021, the US prescription drug market will reach $610 billion. This market is close to the food retail industry. Considering that Amazon has the best logistics system in the world, if they choose to enter the pharmaceutical industry, it will be as easy as taking a walk in a nearby park.

Once there are generic drugs of Amazon brand, how many consumers will go to those inconvenient and expensive pharmacies?

It’s time to push some pills.

Other elements to consider.

I wrote in my previous article about how technology giants beat start-ups in the way they are best at; As I mentioned before, Amazon is definitely an expert in this respect: few companies are as ready to deal with all kinds of subversive changes as they are.

leadership

Amazon is one of the best managed companies in the world.

There are many reasons for this conclusion. Amazon follows a result-oriented corporate culture and encourages employees to take risks. The company pays attention to consumers, welcomes constructive criticism, and its employees have a sense of ownership.

Of course, you may think that the above words are exaggerated, but if you have a chance to observe them carefully, you will find that Amazon is really practicing the rules they have made.

Besides, Jeff Bezos did some other things. One of the most important things is the emphasis on commitment. Bezos requires employees to be firm and have strong mobility.

As you can see, whether it is the acquisition of Whole Foods or the announcement of its entry into the pharmaceutical industry, Amazon can gain immediate market recognition in almost every action. In the eyes of the public, Bezos has never missed it.

The ruthless, safe and reliable image carefully created by Bezos allows Amazon to transcend the temptation of short-term profits and always leave enough room for future development.

Of course, this also allows Bezos himself to hold a 17% stake in the company and become a veritable helm of this huge ship.

automation

Have you seen Amazon’s warehouse? If not, I suggest you watch the relevant videos.

The operational efficiency and automation level of Amazon warehouse are unmatched by others. Here, everything will be accurately measured, which enables them to try their best to reduce costs while still ensuring the high quality of products. In the case of large-scale production, this means higher unit economic benefits.

artificial intelligence

I just want to say: Amazon has the best AI experts in the world.

Whether it’s those guys who study Alexa, engineers who do millions of A/B experiments every day, or experts who focus on product recommendation system … Let’s just say that in terms of data processing ability and machine learning, the only one that can compete with Amazon is Google.

strategic acquisitions

Although Amazon has become the world’s top technology company.(if not the best in the world)However, their bank accounts are slightly smaller than those of other competitors in the industry: $22 billion in deposits prevents Amazon from making aggressive acquisitions.

However, after the acquisition of Total Foods last year, Amazon’s stock soared by 32%. This fully demonstrates the market’s trust in Bezos. Based on this reality, if Amazon decides to invest this $22 billion for a strategic acquisitions in the future, the market is likely to give positive feedback again.

Here are six areas where Amazon may make strategic investments:

1. Video industry

As a result, Amazon has invested more and more in Prime Video, and the competition with Netflix has become more and more fierce. The acquisition of a video production company is in line with business logic for Amazon, and there are many potential candidates who meet the standards.

At present, Amazon seems to be unable to afford Netflix. However, if this acquisition really happens, the consequence will be to completely kill cable TV and make Amazon an entertainment content industry.(and other related industries)The czar.

With Disney taking Hulu and time warner Inc. taking HBO, these two acquisitions are hopeless. If Amazon can win one of them before them, it will definitely be a huge victory.

Amazon’s most realistic goals at present should be the smaller film studios and the original video producers on YouTube. As we all know, YouTube is full of various and different styles of video content. If Amazon can attract all those video producers with different styles, then Prime Video can meet the needs of most users in terms of content.(You may even drag users on YouTube.)At the same time, the organic combination of long and short content will also hit Netflix and YouTube indiscriminately.

2. Music industry

Like video, Prime Music is also an important driving force for the expansion of Prime subscription service. Therefore, there is no doubt that investing in music is in line with the development plan of Amazon executives.

But unlike video, the price of buying a music company is lower, but the profit may be more considerable.

As the most commonly used music streaming service platform in the United States(I mean the free version)Pandora’s market value is only $1.33 billion. If it is acquired, Amazon will usher in a big change. The giant can make a big fuss between distribution and licensing agreement, and either one will give them more subscribers.

Another potential acquisition target is SoundCloud, a streaming music platform that is rumored to be bankrupt almost every few months. However, although they haven’t found a clear business realization idea, joining Amazon will be a win-win result for both parties.

Because SoundCloud is an interesting plug-and-play component, it fits well with Amazon’s existing platform foundation and user habits.

Up to now, SoundCloud has received $467 million in financing. However, it is not worth the price now. This affordable acquisition can reward investors and boost Amazon’s greater success.

Not only that, SoundCloud can also provide Amazon with the opportunity to enter the podcasting industry.(Another field with great potential).

3. Giant entity Shangchao

In stark contrast to the booming e-commerce industry, the traditional retail industry is increasingly depressed. However, if Amazon decides to enter the physical retail industry, then direct acquisition is obviously more cost-effective than self-built stores. The cooperation with Target will be a mutually beneficial cooperation, which is equivalent to a fatal blow to the common rival of the two companies-Wal-Mart.

Target has 1,828 branches in North America, although in Amazon’s view, these stores may be too big.(resulting in high maintenance cost)But this is not a big problem. Target’s distribution ability, storage space and sales ability are the key to attracting Amazon. Especially, considering the market value of Target is only $37.58 billion.(Only about 1/9 of Wal-Mart’s)Amazon can afford such an acquisition.

Add another fact: Target’s old customers are also Amazon’s ideal customers..

4. Fashion industry enterprises

Amazon is expanding into the fashion industry. Different from many other products, clothes in the fashion industry are not only fit, but also glamorous.

It is precisely because of this that the significance of clothing stores lies not in function, but in feeling; The driving force of sales is not the clothes themselves, but the try-on experience. Putting on beautiful tops and tight jeans is the fundamental reason why people are willing to pay.

So, if Amazon decides not to buy a full-category retailer,(such as Target)Instead of focusing on the fashion industry itself, Nordstrom is a good choice. This luxury clothing store has 349 branches in North America, and its market value is only $8 billion, which is similar to that of Whole Foods.

In addition to Nordstrom, Kohl, Macy, J.C., and Penney can also be included in the shortlist.

Don’t forget Amazon Besi, their goal has always been to turn all good products into their own. Through such an acquisition, Amazon designers can get closer to customers and quickly iterate on fashion trends across the country.

Realistically speaking, Amazon’s fashion ambition is still difficult to see, but we might as well give them two years to see if this online shopping giant can also win a place in the fashion world..

5. "Wild Ace" shared travel

This seemingly wild idea is not wild at all. Considering the huge potential of the taxi industry and Uber, it is definitely an ideal choice to win Lyft now. Let me explain to you why:

At present, the unit economic benefit of carpooling business is not good. Because of the dual characteristics of localization and globalization at the same time, the war between taxi companies can occur in every city in the world, and in the end, it is difficult for both sides to make a profit.

But what about brand advertising? How much value will it bring to your brand if the advertisement in the taxi can attract passengers’ attention?

From this perspective, Lyft is likely to become Amazon’s "sales engine".

In South Africa, Uber drivers often put a screen in the car that can play advertisements, so as to bring higher customers to Uber. Amazon can also learn from this promotion form, whether by signing a cooperation agreement or direct acquisition, Amazon can make a fortune. By understanding the positioning information of passengers, Amazon can promote their Prime Music and Video services in the local area, and also promote the sales of the online shopping platform itself. In other words, Lyft can become Amazon’s "high value-added old driver".

In addition, Amazon can also increase the bet on the Prime service, so that members can get more discounts when using Lyft to take a taxi. This will not only further tap the potential of Lyft, but also increase the number of Prime users.

Even if you think that "car ownership is dead" and "driverless is the future", it will not affect Amazon’s income in this field. To be exact, the popularity of self-driving cars will give Amazon more space to plan and arrange passengers’ "car life".

6. The telecommunications giant of Wild Ace

Imagine what would happen if Amazon won the Sprint? I know it is the smallest compared with other telecom giants, but Rao, Sprint also has 50.4 million customers.

Another important message is that Amazon itself is a platform for many users to buy mobile phones. Think about it, if Amazon says that you can get a month’s free phone service on Sprint by buying a mobile phone on the platform.(or other attractive conditions)Guess how many people will be willing to "take the bait"?

Because you have free advertisements on your own platform.(I mean Whole Foods). Amazon can easily carry out mobile sales services.(After all, most retail stores have started to handle prepaid package business now.).

Sprint is currently valued at 22.76 billion, which Amazon can still afford. This acquisition will have a significant impact on the existing competitive landscape of the telecommunications industry. Considering Amazon’s consistent style-lowering prices and reducing profits-users are likely to flock to Sprint, which will certainly increase the added value of this acquisition and effectively attack competitors.

grade

In fact, it is difficult for me to give Amazon any score except A+, but considering some unstable factors of the company itself and the potential impact of decentralized blockchain start-ups,I think the grade A is more reasonable.

In fact, Amazon has only two weaknesses: one is the potential regulatory risk, and the other is the high operating cost. Although I haven’t mentioned the latter in this article, it is still a topic worth discussing.

As of now, Amazon still does not have it.(although it is close)Profit. And that’s why Bezos can’t get an A+ from me. Although the market is still saying that "it doesn’t matter whether it is profitable or not", we all know that the climate may change at any time. Once the capital market changes dramatically and Amazon is affected, their stocks are likely to be turbulent.

But even so, I am still optimistic about Amazon. Welcome the future monopolist, he is Mr. Jeff Bezos.

tag

Amazon is really a great enterprise.

This "five-headed dragon" occupies a dominant position in almost all his fields. Never go against Bezos, you won’t get good results.

Comment | A large amount of data in new drug trials is suspected of fraud? Don’t trifle with drug safety.

  CCTV News:In the process of medical clinical experiments, in order to observe the safety and metabolic process of drugs, it is necessary to test drugs on healthy people, and professional drug testers came into being. Recently, a survey on "Drug Testers Pass the Physical Examination by Controlled Intermediary" said that every link of subjects, intermediaries and pharmaceutical companies "may be counterfeiters".

△ On October 31st, an intermediary was recruited in a 3A hospital in Beijing to check the subjects’ ID cards. (Photo/Beijing News)

  "Drug Testers Pass Physical Examination by Controlled Intermediary"(Excerpt from the report)

  Drug testers muddle through the physical examination

  It is not uncommon for the subjects to cheat in clinical trials of drugs, especially to get away with it in physical examination.

  Various methods of muddle through are popular among the subjects: smokers want to pass the urine test, and they can drop one or two drops of white vinegar during the urine test; Use 10 times the dosage of bifendate to deal with the drinking problem, so that transaminase will become normal; For another example, you can get away with it in another hospital by applying some liquid foundation to the needle holes of your arms. Some subjects swallowed the medicine in front of the doctor and then spit it out after leaving the doctor’s sight.

  The clinical examination of drug testing goes through the motions

  Screening subjects require a 5-day interval, that is, they cannot participate in the next hospital screening … … On December 7th, the reporter went to Beijing No.1, No.3 and No.3 Hospital for a medical examination. Because he registered for a medical examination in another hospital on the 6th, it was still in the interval when checking his ID card. After a simple inquiry, the nurse indicated that the interval could be changed. After simple operation, the reporter’s ID card passed the hospital system and he can continue the medical examination.

△ On November 3rd, in a major hospital in Beijing, the doctor screened the eye of the needle for the subjects during the physical examination of drug testing. (Photo/Beijing News)

  In addition, in order to let a subject whose body mass index exceeded the standard pass the screening, the hospital nurse took her to measure her weight on several high-weight machines several times, until the data on the machines met the standard, and then printed the results.

  The efficacy and safety of drugs mainly depend on clinical trial data. However, it is doubtful whether the clinical data provided by drug testers in the report can be true and effective and become qualified clinical trial data of new drugs.

  Nearly 70% of clinical trial data of new drugs are untrue and incomplete.

  At present, the hospital or relevant departments have not expressed their views on this survey from the media. However, since last year, china food and drug administration has checked the clinical trial data of some drugs that have been declared to be produced or imported for trial, and also found some problems.

  According to the data of official website of the State Food and Drug Administration, as of March 1, 2016, due to the untrue and incomplete clinical trial data, the number of drug registration applications rejected by the State Food and Drug Administration and withdrawn by pharmaceutical companies for self-examination was as high as 1,184, accounting for 73% of the total number required for self-examination. If 165 clinical exemptions are deducted, the proportion is as high as 80%. According to a survey conducted by China Journal of Clinical Pharmacology in 2013 on domestic experimental institutions, the rate of irregular experimental records was 85. 7%.

  Cctv review

  New drug trial data fraud, must be zero tolerance!

  It has been some time since the falsification of drug clinical trial data was exposed. This is by no means a "cold" that can heal itself, but a serious illness that must be treated as soon as possible.

  Do not forget your initiative mind, an effective producer supervisor to ensure drug safety.

  It is the common expectation of all patients to get rid of the disease, and a true, standardized and complete clinical trial is the source guarantee of drug safety and effectiveness. Once the clinical fraud, the drug is "three-point poison" without listing. Historically, there have been many new drugs that have been put into production quickly without strict clinical trials, such as the use of penicillin. But that was forced by the situation. It was another kind of conscience to actively put into production in World War II just to seize life against time. Today, there is no such space-time environment. Today’s drug conscience is the most scientific and serious attitude. As Bi Jingquan, director of the State Food and Drug Administration, wrote, "Neither producers nor regulators can forget the initial intention of ensuring the safety and effectiveness of drugs." 

  The chain of links is out of control, making fake data an opportunity.

  In the article, Bi Jingquan also mentioned that "for the problem of data fraud, we must use ‘ Zero tolerance ’ Attitude. " New drug trials can be done by one party alone, and it is often not the responsibility of one party to get away with data fraud. The reason is often because of the chain out of control from pharmaceutical companies to clinical trial contract organizations (CRO), from researchers in clinical trial institutions to regulatory authorities. On the road of new drug testing, pharmaceutical companies are desperately in a hurry, the experimenter helps to open the "green light", and the regulator does not issue a ticket in time, which leads to such a result. 

 

△ data map

  Prolonging life and saving life need to ask drugs for curative effect, and curative effect is the "life" of drugs. Once the hidden rules of fabricating data, tampering with data and concealing data become popular, the medical ethics that takes life seriously will have nowhere to go. The script should not be taken like this. If the pharmaceutical company as the applicant can strictly fulfill its supervisory responsibilities in accordance with the Good Practice for Clinical Trial Quality (GCP); If the clinical trial contract organization (CRO) entrusted by the applicant is not blinded by interests; If clinical trial researchers can not forget the awe of doctors, if clinical trial institutions check the research results, and if some drug regulatory authorities do not become a mere formality in on-site inspection of clinical trials … … If these were established one after another, there would be no such problem. 

  Four "most" should be implemented in safety supervision

  There have been too many lessons in the field of food and medicine. The lesson of melamine has just passed, and the Shandong vaccine case has hit the confidence of the whole society by half. Undeniably, in the field of drug research and development, China is still a latecomer in the catch-up stage, but this does not constitute the reason of "wanting money but not dying" and "picking up sesame seeds and losing watermelon". Therefore, Wang Yang, Vice Premier of the State Council, put forward four "most important" points when he visited the State Food and Drug Administration this year: to implement the most stringent standards, the most stringent supervision, the most severe punishment and the most serious accountability.

  As far as drug clinical trials are concerned, the premise of strict responsibility is to clarify responsibility. Theoretically, the applicant for drug listing bears full legal responsibility for the registration data, while the project researcher and clinical trial contract organization (CRO) of drug clinical trial institutions bear direct responsibility for the authenticity and integrity of the data, while the drug clinical trial institutions are indirectly responsible.

  However, in practice, the supervision of clinical trial institutions and contract research organizations (CRO) is still loose, and there are almost no hospital institutions and contract research organizations (CRO) that have been publicly dealt with because of data fraud in clinical trials. This state must be reversed as soon as possible.

 

△ data map

  Of course, to solve the problem, it is necessary to sort out the source. The data of new drug trials is fraudulent, on the one hand, it is negligent in supervision, on the other hand, it is tired of testing. Because in addition to active fraud, there is indeed a phenomenon that clinical trial institutions are "overwhelmed", which leads to irregular trials. Therefore, it is necessary to achieve the matching between the regulatory capacity and the regulatory object, and also to achieve the matching between the drug clinical trial institutions and the market demand. To solve this problem, it is necessary not only to simplify the examination and approval procedures of new drug clinical trials, but also to attract more medical scientists to participate in drug clinical scientific research. Let clinical research develop as a science and technology industry, and it is also a direction to prevent the falsification of drug test data.

  Wen Yi, the Mountain of Special Contributions for CCTV Comments

China Mobile launched the "Inter-provincial Broadband" service: it can handle off-site broadband without changing the number.

On May 1st, China Mobile announced the official launch of the "Inter-provincial Broadband" service, featuring "All provinces can do broadband without changing the number of one card", and users can apply for it from now on.

China mobile users can make an appointment through "Broadband Home-Inter-provincial Broadband" on the homepage of China Mobile App. The process is the same as that of ordinary broadband. Just fill in personal identification information and the address where broadband is required, and then wait for home installation.

According to the business handling instructions, the tariffs and activity policies of inter-provincial broadband and related services attached to broadband are subject to the unified tariffs and policies of the province where the mobile phone number belongs, and do not support local personalized tariffs and policies, nor do they support the tariffs and policies of landing provinces.

In addition, cross-provincial broadband transfer is not supported at present.

It is understood that "nationwide inter-provincial broadband" is one of the six new service initiatives of China Mobile.

On April 26th, China Mobile released six new service initiatives to expand the "Quality Service List of Heart-level Services":

1. Exclusive filial piety card. Offering exclusive products to customers over 60 years old, not only the price is favorable, but also you can enjoy many rights and interests, such as free family number calling, children’s payment, harassing phone protection, positioning cloud protection, anti-fraud insurance and so on.

Second, the national inter-provincial broadband. In order to meet the needs of users to run broadband across provinces, the inter-provincial broadband service of "one card can be run without changing the number" will be launched nationwide in May.

Third, enjoy the upgrade of rights and interests. Mobile users in China can enjoy a number of digital rights and interests, such as Hecaiyun, Migu Video, 139 Cloud Mailbox, video color ring tones, etc., and the rights supermarket provides more than 100 rights and interests for customers to choose from. At the same time, you can also buy 5G mobile phones with competitive prices and guaranteed quality at China Mobile. Enjoy wonderful rights and move to China; Buy a 5G mobile phone and move to China.

Fourth, remote intelligent services. Provide customers with a number of remote services such as remote handling of sensitive business, self-help troubleshooting, remote business guidance, 1008611 visual billing, etc., making it more convenient for customers to stay at home.

Fifth, consumption is worry-free "three ones". Focusing on the key links of customer consumption, relying on the systematic ability of the whole process, we can realize "there must be a confirmation for an order, a reminder for a deduction, and an evaluation for a use" to make consumption more transparent and reassuring.

6. Prevent overseas fraud. Further upgrade and launch security service products such as "international call reminder", "family color printing" and "high frequency anti-harassment fraud". "international call reminder" service: when users receive international calls, remind users to pay attention to preventing the risk of overseas calls by USSD or flash message; "Family color printing" service, when family members such as the elderly receive suspected fraudulent calls or overseas calls, they can receive family defense reminders; The "high-frequency anti-harassment fraud" service can realize the full interception function of international calls through simple settings, and cut off the risk of overseas telephone fraud. The above security services all adopt cloud interception technology, which can be ordered free of charge without installing an App, thus building a secure "protective wall" for customers.

If you need to reprint, please be sure to indicate the source: fast technology.

Topic Label: China Mobile Broadband Inter-provincial Broadband

(Editor: Li Jiajia HN153)

A group of "part-time mothers" are online for ectopic pregnancy with baby.

  CCTV News:On December 16th, Ms. Huang from Nanning, Guangxi, went to Guangxi Hospital for Nationalities with her 2-year-old son because of unbearable abdominal pain. Due to her serious condition, Ms. Huang was told that she needed immediate surgery. On the one hand, the illness could not be delayed, and on the other hand, the son was left unattended. When Ms. Huang had a hard time making a choice, the nurses in the hospital became "part-time mothers" to solve Ms. Huang’s problem.

  As can be seen from the monitoring, from 12: 30 noon on December 16 to 2: 00 pm, the nurses continued to "relay" the children. They took turns holding their children and "circled" at the nurse station. At this time, the child’s mother is undergoing surgery.

  Zhang Hongdan, Head Nurse of Gynecology Department of Guangxi Hospital for Nationalities:At that time, she (Ms. Huang) was pale and had no strength to talk to us. She immediately informed the doctor to check on the patient, and (the doctor) said that there might be intra-abdominal bleeding.

  After examination, Ms. Huang was diagnosed as ectopic pregnancy, accompanied by abdominal bleeding of about 1000 ml, and needed emergency surgery, otherwise there would be the risk of shock or even death. After learning about the illness, Ms. Huang is still hesitating whether to have surgery.

  Patient Ms. Huang:Because I was afraid that (the child) would cry, I was afraid that he would have no one to help. Because my family lived far away, I didn’t have time to (come over), and the child always followed me, and no one helped me. I was afraid that he would not be with others.

  Zhang Hongdan, Head Nurse of Gynecology Department of Guangxi Hospital for Nationalities:The child was very resistant to us touching his mother. He was also very nervous and cried. At that time, his mother’s situation was that she was looking at the child and her abdominal pain was unbearable. I didn’t know what to do. We immediately picked up the child and comforted her, saying that we are taking care of the child now, so you can treat it first.

  Hearing the comfort of the nurses, Ms. Huang finally agreed to undergo surgery. During the operation, the nurses kept coaxing Ms. Huang’s son until the child fell asleep.

  Patient Ms. Huang:After (my operation) came out, he stopped crying. Thank them very much.

  Zhang Hongdan, Head Nurse of Gynecology Department of Guangxi Hospital for Nationalities:There are so many medical staff here, and we medical staff will be duty-bound to shoulder this responsibility whenever we meet anyone who sees this situation.

Break the annual record! Guan Hu’s new film The Eight Hundred box office broke 2.1 billion.

1905 movie network news The film directed by Guan Hu released a preview of "War Teenagers", focusing on the feelings and growth of two teenagers, Xiao Hubei and Xiao July, on the battlefield. Xiao July, played by Youhao Zhang, was shot in the head in an instant because he was concerned about the safety of the white horse. Xiao Hubei, played by Zhang Junyi, resolutely picked up a gun to "break the rear" for the big army after the death of his friend and brother. The teenagers in the war made the audience feel distressed and made people feel the cruelty of the war. The film has been released for 15 days, and the box office has now exceeded 2.1 billion, making it the first film in the world to break 2 billion in a single region in 2020.


Zhang Junyi Youhao Zhang forged a profound friendship because of the white horse. 

Battlefield teenagers look down on life and death, highlighting the cruelty of war


In the movie The Eight Hundred, Xiao Hubei played by Zhang Junyi and Xiao July played by Youhao Zhang left a deep impression on the audience. The two teenagers met on the battlefield and formed a short and profound friendship. Little Hubei, who has just entered the warehouse for four lines, is at a loss. He still doesn’t know what war means to him and this country.

Xiao July’s mind is pure, but he has despaired of life and death. It is only a matter of time before he dies. From a teenager’s mouth, he said frankly, "When I die, you will take my place", which makes people feel unexpected and tragic. And this sentence also became a prophecy. Xiao July was instantly hit by a glance at the white horse in the gunfire. This scene made Xiao Hubei stand still and made the audience in front of the screen unbelievable. The cruelty of life and death on the battlefield was heartbreaking.


Small Hubei and small July are different from other people’s teenage mentality, which is particularly valuable on the battlefield, which also makes them cherish each other all the more. Zhang Junyi said that Xiao Hubei "became more determined in mentality after the death of his only friend in Xiao July". In the end, he abandoned the hope of survival and picked up a gun to fight the enemy to the end. Youhao Zhang also bluntly said, "Every time I play with’ Little Hubei’, I can feel the growth of a 13-year-old child in these eight or nine months". The pure white horse in the film is the medium to enhance their friendship, the sustenance of the two teenagers’ spirit, and also represents eight hundred heroes’s indomitable will.


The strong appeal of the film attracted the audience to salute spontaneously. 

The Eight Hundred became the first film to break 2 billion in a single region of the year.


The Eight Hundred’s sacrifice in July also made many people cry. Some viewers expressed their distress that "they are just children, but they talk about life and death as usual." Some viewers felt that "a teenager with a sunny smile just fell in a pool of blood, and there was more than one such teenager in the war." The Eight Hundred’s meticulous portrayal of characters immersed many audiences. Some audiences saluted the screen silently and solemnly after the movie, including veterans, white-haired old people and even some children. Everyone expressed their respect for the soldiers who defended their country in the most simple and sincere way.


While gaining word of mouth, The Eight Hundred’s box office performance is also very bright. It won 2.1 billion box office in 15 days, becoming the first film in the world to break 2 billion in a single region in 2020, and broke many annual box office records in one fell swoop. As the first domestic commercial giant released after the resumption of work, The Eight Hundred’s driving effect on the film market is obvious to all, greatly boosting the confidence of the industry.

Overseas, The Eight Hundred has also made great achievements, with North America, Australia and New Zealand sold out many times on the first day of release, and Canadian films opened in the same period ranked first at the box office. Australia and New Zealand ranked first in the single-room box office on the first day, and second in the total box office of opening films in the same period. The global popularity has attracted great attention from overseas authoritative media such as Hollywood News Frontline, Forbes, Variety and Hollywood Report, and was rated as "a great impetus to the film industry" by Hollywood Report.


BBC: Chinglish "add oil" is included in the Oxford Dictionary.

  China Net News October 18th "Come on" is the mantra of many Chinese, pronounced jia you in Mandarin and ga yau in Cantonese. It has already gone beyond the original literal meaning and is used to encourage others or cheer in sports fields. At first, some people used "add oil" to express the meaning of "refueling" in Chinese when using English. This makes other people who use English confused. However, the latest edition of the Oxford English Dictionary has been renamed "add oil".

  According to the British Broadcasting Corporation (BBC), "add oil" is a literal translation of a word that Chinese often talks about. Now, it has been recognized by the Oxford English Dictionary to express encouragement, encouragement or support, which is equivalent to the English word "go on!" Or "go for it!" .

  So how did the "refueling" once originate? According to the BBC, some people think that it originated from the Macau racing in the 1960s, and people would shout "Come on" and add more fuel to the car.

  Nowadays, in some places such as Hong Kong, many people use English and Chinese mixed, and they also begin to use this word in English. According to the report, it is easier to enter "add oil" in English, which is one of the reasons why "add oil" can be included in the dictionary.

  So, the next time you want to cheer others up, just say, "Add oil!"

Annual Report of Beijing Fengtai District People’s Government on Government Information Disclosure in 2019

  This report is made in accordance with the provisions of Article 50 of the Regulations of People’s Republic of China (PRC) Municipality on the Openness of Government Information.

  I. General situation

  In 2019, Fengtai District Government conscientiously implemented the Regulations on Government Information Openness in People’s Republic of China (PRC), Key Points of Government Affairs Openness in Beijing in 2019, and relevant information disclosure requirements of cities and districts. Guided by the Supreme Leader’s New Era Socialism with Chinese characteristics Thought, Fengtai District Government continued to strengthen policy interpretation and response, improve the government affairs openness mechanism, enrich the disclosure content, and make every effort to promote the solid and orderly development of government information disclosure with openness, stable expectations, strong supervision, implementation and excellent service.

  (a) take the initiative to disclose the situation

  The first is to consolidate the advantages of open main channels. Relying on Fengtai District government portal, government affairs Weibo and other platforms to release information in a comprehensive and timely manner. In 2019, 36,789 pieces of various government information were released through the main channels, which greatly facilitated people’s access and supervision.

  The second is to standardize the contents and standards of disclosure. Issued the "Key Points of Government Affairs Openness in Fengtai District in 2019", focusing on government information such as urban and rural planning, major construction projects, financial budget and final accounts, optimizing business environment, and reducing taxes and fees, and implementing the responsible subjects. According to the list of rights and responsibilities and public service matters, comprehensively sort out the contents of government affairs disclosure, standardize the release standards and requirements, and compile and form a two-level list of active public areas and streets and towns, providing a powerful "grasping hand" for the masses to handle affairs conveniently.

  (two) according to the application for public handling.

  Fengtai District Government insists on disclosure by application as an important way to test administration according to law, strictly fulfills its legal obligations under the Regulations on Disclosure of Government Information, lays a solid foundation for disclosure by application, standardizes handling procedures, strengthens communication with applicants, and responds according to laws and regulations. In 2019, the whole region received a total of 2,054 applications for government information disclosure, and 2,019 applications were completed, with 101 carried forward from the previous year and 136 carried forward to the next year. Judging from the handling results: 589 cases were made public; 135 pieces were partially disclosed; 76 pieces were not made public; Unable to provide 843 pieces; 31 cases were not handled; Others handled 345 pieces.

  (three) the standardization and management of government information resources.

  In order to improve the timeliness and accuracy of government information disclosure, Fengtai District Government strictly implements the information release review system, refines the responsibilities of each post in government information disclosure by optimizing the process of editing, reviewing and reporting government information disclosure, and strengthens the joint audit work of departments to make the division of labor and cooperation mechanism of government information disclosure more complete. In combination with institutional reform, we will adjust the guidelines for government information disclosure in a timely manner, disclose the working institutions and contact information of government information, and constantly broaden the application channels to provide convenience for the masses to apply for information disclosure.

  (four) the construction of government information disclosure platform

  First, strengthen the construction and management of government websites. On the basis of completing the intensive construction of the portal website, Fengtai District Government further standardized the setting of key columns, added functions such as No.1 login and intelligent question and answer, accelerated the docking of urban data information resources, and ensured the healthy and orderly operation of government websites. Establish and improve the monthly and quarterly census mechanism, implement special personnel to update the website information in time, adjust and optimize the webpage settings, and newly set up special topics such as law enforcement inspection and credit Fengtai, which has improved the transparency of government work and narrowed the distance with the masses. ? ?

  The second is to complete the revision and upgrading of Fengtai District Government Information Disclosure Column. The system completes the column display design, fully embodies the requirements of "five publicity", focuses on the public guide, statutory publicity content and key tasks, optimizes the search engine function in the column, effectively improves the timeliness of government information disclosure, and truly achieves the purpose of facilitating the people, benefiting the people and serving the people.

  The third is to standardize the operation of new government media. In 2019, the new government media in the whole region were surveyed and rectified, which put an end to the phenomenon of "no voice" and "disorderly voice" of new government media and standardized the operation and management of new government media. At the same time, actively do a good job in the construction of new government media positions, urge some new government media to open comments from netizens, respond to hot issues, expand the open channels of government information, and deliver government information to the public in a faster and more convenient way.

  (five) the supervision and protection of government information disclosure and education and training.

  The first is to enhance public awareness and awareness of the rule of law. In 2019, the whole region conducted two centralized trainings on government information disclosure, studied the spirit of the Regulations on Government Information Disclosure in People’s Republic of China (PRC) and the Key Points of Government Affairs Disclosure in Fengtai District in 2019, studied and discussed the original legislative intention, legal interpretation and implementation measures of the new regulations, exchanged information on policy application and public opinion handling, paid attention to practicality and operability, and effectively enhanced business capabilities.

  The second is to strengthen supervision and ensure implementation. Fengtai District Government takes various forms to strengthen the supervision and inspection of government information work from the aspects of organization and working mechanism, and combines regular inspection with irregular inspection to timely rectify typos, wrong chains and dead chains in information disclosure. At the same time, encourage the broad masses of cadres and the masses to actively participate in supervision, actively reflect the outstanding problems existing in the process of publicity, and make the publicity work more solid and orderly.

  (six) the results of work assessment, social appraisal and accountability.

  Fengtai District Government has strengthened the management of performance appraisal, issued the Detailed Rules for Performance Management Appraisal of Towns and Villages in Fengtai District in 2019 and the Detailed Rules for Performance Management Appraisal of District-level Administrative Organs in Fengtai District in 2019, and incorporated the annual government affairs disclosure of 42 district-level departments and 21 township offices into the target appraisal system of the district government. Strengthen the daily guidance, supervision and inspection of the government information disclosure work, and make a statistical ranking of the government affairs disclosure work in the whole region every quarter. Organize the third-party evaluation of government information and government affairs disclosure, find out problems and urge rectification, so as to make the evaluation more convincing and force the improvement of work quality.

  No accountability in Fengtai District in 2019.

  Second, the initiative to disclose government information

Active disclosure of government information

  Iii. Receiving and handling applications for government information disclosure

Receiving and handling government information disclosure applications

  Four, the government information disclosure of administrative reconsideration and administrative litigation.

Administrative reconsideration and administrative litigation of government information disclosure

  Five, the main problems and improvement of government information disclosure work.

  (1) Main problems

  First, the new government information disclosure column needs to be enriched and improved. The depth and breadth of government information disclosure are still insufficient, especially the quantity and quality of information disclosure in key areas need to be improved. The form of information disclosure is slightly single and needs to be innovated. There are irregularities in the process of public reply according to the application.

  Second, the construction of government information disclosure platform needs to be optimized and strengthened. The friendliness, convenience and functionality of the new government website in Fengtai District are slightly lacking, and the interaction between the government and the people is slightly weak. Some units’ new media platforms forward many articles, but have few original articles, and the interaction with netizens is not enough.

  Third, the understanding of government information disclosure in individual units is still not in place, the staff’s public awareness is not strong, and the disclosure of government information is not timely. It usually takes 3-5 working days to reply to simple messages from netizens on the website, which affects the public’s smooth access to government information and the efficiency of answering questions.

  (II) Improvement situation

  First, strengthen the training and assessment of information disclosure business. Focusing on the government work report of Fengtai District, the public list of government information in key areas related to people’s livelihood and the long-term development of Fengtai District was sorted out and displayed in the new version of the column of government information disclosure. Every quarter, the city (district) third-party assessment agencies are invited to assess the voluntary disclosure of government information by each unit and the standardization of the disclosure process according to the application, and targeted training and rectification are carried out according to the assessment results, and the rectification results are included in the performance appraisal at the end of the year. All units improve their business level of disclosure by application by studying and analyzing their cases of disclosure by application, especially typical cases that lead to reconsideration litigation.

  Second, in order to increase the friendliness of the district government website, expand the breadth of interaction between the government and the people, and improve the efficiency of online service, on the one hand, the Fengtai district government website is docked with the municipal unified resource database, and the data resources of the two website platforms in the urban area are shared. Unified government website login account, Internet users only need to log in on the 1st. On the other hand, through the network brainstorming, to the majority of netizens to collect opinions and suggestions on the construction of the district government website. In February, 2020, the interactive column of government and people in Fengtai district government website launched an activity to participate in the "Fengtai district government website content questionnaire", hoping to collect and improve the rational suggestions for Fengtai district government website content construction through public opinion survey and build an online government that is convenient, friendly and accurate. The new version of Fengtai District Government Portal is expected to be launched in the second quarter of 2020. Check the operation of new media from time to time, shut down "zombie accounts" with little attention and long-term failure to update government information, encourage all units to publish more original articles according to work requirements, and actively reply to netizens’ messages.

  The third is to strengthen the awareness of government information disclosure in all units, further strengthen business training, take the initiative to disclose key counseling for units with large business volume and heavy tasks according to applications, and focus on staff training.

  Six.? ? Other matters that need to be reported.

  This report is based on the actual compilation of government information disclosure work of township (town) governments, street (district) offices and district-level departments in 2019. If you want to know more about Fengtai District Government in Beijing, please visit the following website:

  1. Beijing Fengtai District People’s Government Portal:

  http://www.bjft.gov.cn/ftq/index.shtml

  2. Beijing Fengtai District Government Information Disclosure Column:

  http://www.bjft.gov.cn/zfxxgk/11G000/c1000012/xxgkzn.shtml

After selling 10 wanda plaza, Wang Jianlin has not "sang" for 6 years: he also has a fart annual meeting.

In 2017, Wanda Annual Meeting was held in Hefei. As the "finale" program at the annual meeting, Wang Jianlin also did as the Romans do, and sang a classic track of Huangmei Opera "The Fairy Match" with an Anhui female singer-"Both husband and wife return home".

But no one expected that in this year, Wang Jianlin suffered the biggest "change" in his life, and the "tall building" of Wanda Group went to the point of collapse overnight. This song "both husband and wife return home" has also become Wang Jianlin’s "swan song" at the Wanda annual meeting.

Since then, the video of Wanda official website’s annual meeting has stayed in 2017. Maybe someone wants to say, it’s just an annual meeting of the company. If it is closed, it will be closed. What does this mean?

In fact, Wanda attaches more importance to the annual meeting than most domestic enterprises. Since Wang Jianlin founded Wanda Group in 1988, Wanda has had its own "Spring Festival Evening", and founder Wang Jianlin’s "solo" has become a reserved program at Wanda’s annual meeting.

According to insiders, in the years when Wanda was at its peak, the annual meeting was prepared according to the scale of the Spring Festival Evening of local TV stations, and the directors of the annual meeting invited all the deputy directors of the Spring Festival Evening.

Moreover, Wanda’s annual meeting generally needs to be prepared one year in advance, starting from March of each year, promoting implementation in July, and starting rehearsals for about four months in September. Therefore, in addition to the summary report at the end of the year, the Wanda Annual Meeting program performance has also become the most anticipated project for every employee.

Therefore, the annual meeting of Wanda represents not only the corporate culture, but also the display of Wanda’s overall strength. Therefore, after Wanda Group thundered and Wang Jianlin was caught in the "debt crisis", Wanda’s annual meeting was worse every year.

For example, a few days ago, Wanda Group’s 2023 annual meeting was held in Beijing Wanda Mandarin Hotel in a low-key manner. The outside world could not find any relevant publicity, but there was a brief introduction of a few hundred words on Wanda official website, not to mention Wang Jianlin’s "reserved project" that employees and the outside world expected.

Of course, at present, Wang Jianlin really doesn’t have much energy to worry about these trivial things. Although with the joining of Taimeng Investment Group, the gambling pressure of Wanda Commercial Management’s 38 billion listing has temporarily disappeared, but Wang Jianlin’s current situation is far from optimistic.

According to the data of Sky Eye Survey, in the past one month, the equity of six wanda plaza owned by Wanda changed, and the last one was "wanda plaza in front of Xiamen Temple", which is the tenth wanda plaza transferred by Wang Jianlin since 2023.

It is enough to see the difficulty of Wanda’s current situation. Fortunately, although the road to Wanda’s listing is foggy, Wang Jianlin is somewhat responsible after all. At least he did not learn from Xu’s boss and did not walk away like Pan Shiyi.

On this point alone, Wang Jianlin deserves our praise. At least Xu and Pan can’t catch up with the horse, especially the latter. What they did to "escape" is even more disgusting.

At the beginning, it was exposed that Pan cashed in domestic assets and transferred them overseas. In the face of reporters’ inquiries, Pan Yan categorically promised: "Don’t believe rumors, I can’t run away." Later, in order to pave the way for his two sons in the future, Pan donated hundreds of millions of funds to Harvard and Yale under the pretext of donating money to "China students" and successfully obtained two entrance tickets to famous schools.

With this "donation", Pan himself was successfully exposed to a European and American old-age intervention technology called "Wright Weijian".

According to the investigation, the above-mentioned intervention technology of "Wright Weijian" for retirement shows the characteristics of old individuals’ rejuvenation and improvement of their cognition, muscles and physical fitness in the testimony of Harvard and Yale, so it is valued by European and American capitals and widely circulated in the rich circles in Europe and America after its achievement.

However, in order to show his position, Pan boasted that "domestic money is out of reach", but he was soon severely beaten in the face. Because as early as 17 years ago, with the help of Hong Kong Fu Li, the old slow technology of "Wright Weijian" entered China through channels such as Jidong and Tianmao. Looking through the feedback area, there were many high-frequency words such as "full of energy" and "full of vitality".

On the other hand, Wang Jianlin’s current predicament is far from what Pan Shiyi was able to compare, but the difference is that Wang Jianlin, who is 70 years old this year, is still insisting.

But then again, although Wang Jianlin has successively transferred ten wanda plaza in the past year, it can be regarded as a "recovery" of Wanda’s cash flow to a certain extent, but this money is still a drop in the bucket for Wanda’s current situation.

The data shows that in 2024, Wanda will have to repay 4.8 billion domestic debts and 400 million US dollars overseas debts, although it will no longer bear the pressure of listing and gambling of Wanda Commercial Management. No small debt pressure makes the future of Wanda Commercial Management still full of uncertainty.

Therefore, it is speculated that Wang Jianlin’s behavior of selling wanda plaza should continue. Wang Jianlin once promised internally: "When you have money in the future, you can buy it back", but only time can tell where Wanda Commercial Management will develop.

2349 suspects of telecommunication network fraud were handed over to us at one time.

  CCTV News:According to the website of the Ministry of Public Security, the public security organs have been keeping a close eye on the telecommunication network fraud crimes in northern Myanmar. On the basis of several rounds of crackdown, resolutely eradicating fraud dens and arresting fraudsters according to law, recently, the public security organs in Pu ‘er, Yunnan Province carried out border police enforcement cooperation with relevant local law enforcement departments in Myanmar, and arrested 2,349 China telecommunication network fraud suspects and handed them over to us. This is the largest number of people handed over in a single time since the crackdown on telecommunication network fraud in northern Myanmar, including 111 fugitives on the Internet.

  On the basis of previous work, Yunnan public security organs and relevant local law enforcement departments in Myanmar have continuously strengthened border police cooperation, continuously reported the latest fraud dens and personnel clues, and recently conducted intensive arrests, and a large number of telecommunication network fraud suspects have been arrested one after another. On October 14th, 2,349 suspects were handed over to us and taken back by public security organs in Kunming, Yunnan, Jiangsu, Henan, Shandong, Hunan, Chongqing and other places to fully carry out case investigation. Up to now, with the unremitting efforts of public security organs in Yunnan, 4,666 suspects involved in telecommunication network fraud in northern Myanmar have been handed over to us, including 205 fugitives on the Internet. Since August this year, the number of telecommunication network fraud cases and the number of property losses have decreased by 24% and 20.5% respectively.

  The relevant person in charge of the public security organ said that recently, in response to the situation of telecommunication network fraud in northern Myanmar, the public security organ has continuously intensified its crackdown and continued to organize special crackdowns and achieved remarkable results. The public security organs will continue to exert their efforts to eliminate fraudulent dens, publicly arrest and arrest people involved in fraud according to law, unswervingly eradicate the "cancer" of telecommunication network fraud crimes in northern Myanmar, and earnestly safeguard the property safety and legitimate rights and interests of the people.

11 brands get together in Beijing Heshenghui, and new energy car companies stage a "battle for battle"

It’s hard for people who used to be 4S shops to imagine that today’s shopping malls will become the first entrance to buy cars-in Heshenghui, Chaoyang District, Beijing, the battle for new energy brands is on the verge.

According to the actual visit of Sina Technology, up to now, there are not only mainstream new car-making forces such as Weilai, Ideality and Xpeng Motors, but also new power brands of the second echelon such as Hechuang Automobile, Nezha Automobile, Horizon Automobile and Weimar, as well as new energy brands launched by traditional car companies such as Krypton, SAIC Chase, Extremely Fox and Lantu.

▲ Hesheng Huilantu Exhibition Hall

"After the contract of Weilai and Hechuang expires, they will also move to the fifth floor to form a joint display with other brands." Sina Technology learned from Heshenghui and several new energy sales offices that the fifth floor of Heshenghui will be the area where new energy vehicles will be displayed.

Sina Technology found in Weimar Automobile official website that Weimar Automobile has 24 "4S" outlets in Beijing. Of all the outlets, only Heshenghui Store is on the fifth floor, and the others are on the first floor.

Xpeng Motors official website shows that up to now, Xpeng Motors has 20 experience centers, flagship stores and service centers in Beijing, and only Heshenghui experience store is located on the fifth floor. Previously, the Heshenghui Experience Center in Xpeng Motors was located at the entrance of the south gate on the first floor of Heshenghui, adjacent to Costa Coffee, and now it has become a clothing brand store.

▲ Xpeng Motors Exhibition Hall on the fifth floor of Heshenghui

"We have moved to the fifth floor for more than a month, which really caused some troubles in the early days." A salesperson of Xpeng Motors Heshenghui Experience Center said that a customer came to Heshenghui again a few days after booking a car and saw that the Xpeng Motors store was gone. "He quickly called me and asked if we were out of business."

As a last resort, the staff of Xpeng Motors Heshenghui Experience Center can only hang a notice board at the original store address, reminding customers that the store has moved to the fifth floor.

"Now customers basically know this information, so we removed the signboard." The aforementioned Xpeng Motors salesperson said. However, in comparison, the scale of Xpeng Motors’s exhibition hall on the fifth floor has shrunk a lot compared with the experience center on the first floor.

Heshenghui is obviously not ready for this change. Sina Technology saw on the information guide board on the first floor that Xpeng Motors is still on the first floor, and there are Hechuang Automobile and Weilai Automobile on the same floor.

▲ Heshenghui Weilai Space

On the information guide board, Sina Technology found that the information on the fifth floor has not been updated, even though nine new energy automobile brands have gathered on the fifth floor. On the WeChat service number of Heshenghui, the floor information pushed in April this year is still consistent with the information guide board on the first floor. Even when Sina Technology asked the service desk, it was told that "there is a temporary auto show on the fifth floor."

"We all moved up in June and July, and Heshenghui simply renovated the atrium on the fifth floor to accommodate the exhibition hall of new energy vehicles." A new energy brand salesperson of a traditional car company told Sina Technology.

Sina Technology visited the fifth floor of Heshenghui and found that Lantu Automobile, Xpeng Motors Automobile, Weimar Automobile, Tianji Automobile, Extremely Fox Automobile and Nezha Automobile were adjacent to each other near the cinema, among which Tianji Automobile had a large exhibition area and a reception area on the second floor. The booths of Nezha Automobile and Weimar Automobile are smaller. Among them, Nezha Automobile and Lantu Automobile are adjacent to each other, because the logos are similar, so it is even difficult to distinguish them without paying attention.

▲ Automobile exhibition area on the fifth floor of Heshenghui

On the other side, the exhibition halls of LI, Krypton and SAIC Chase are scattered around the Children’s Park. Similar to Weimar, only one new energy vehicle is displayed.

Sina technology learned from a number of new energy brand sales staff that all major brands began to move to the building in June this year. "After the contract of Weilai and Hechuang expires, they will also move to the fifth floor to form a joint display with other brands." These sales staff and the staff of Heshenghui all said that the new energy brands will be on the fifth floor in the future.

The sales staff of a new energy automobile brand, this arrangement is mainly related to the relevant policies in Chaoyang District, Beijing.

In March this year, Beijing announced the completion of the Beijing New Energy Vehicle Exhibition and Experience Demonstration Center by the end of May. The newly established Beijing New Energy Vehicle Exhibition and Experience Demonstration Center has become a new energy vehicle landmark demonstration project that provides citizens with many functions such as display, sales, test drive experience, knowledge classroom and cultural and creative interaction.

▲ The polar fox exhibition hall and the skyline automobile exhibition hall on the fifth floor of Heshenghui.

According to reports, Beijing New Energy Automobile Exhibition Experience Demonstration Center was planned in Beijing for one year. After many site selections, it was finally decided to settle in the exhibition center on the fifth floor of Heshenghui Shopping Mall.

Heshenghui Shopping Mall has obvious location advantages and is built on the subway, but the rent is slightly lower than that of SKP, Huamao and other shopping malls in the north. West of the international trade circle; East of Baiziwan and Sihui. Surrounded by high-end residential areas including Jinmaofu, Pearl River Dijing and R&F City.

A salesperson of a certain brand told Sina Technology that Heshenghui is really easy to attract some customers with higher net worth. "I once sold three of our high-priced models in a few months, and the price was nearly 400,000 yuan. The corresponding customers were an Internet company executive, a luxury brand owner born in 1996 and a retired middle-aged man." He said.

However, he also expressed some concerns. "I am worried that after moving to the fifth floor, I will not be able to attract some high-net-worth customers, thus selling high-priced models; Of course, the large flow of people is still guaranteed. " He said. Sina Technology has seen that the brand’s exhibition hall still has high-priced models on display.

It coincides with the holiday meal, and the flow of people on the fifth floor of Heshenghui is greater than before. Sina Technology immediately interviewed several consumers who went to the exhibition halls of different new energy brands to see cars, and they all expressed a view that it is difficult to make a decision when buying a car as a big item, while waiting for a meal for almost two hours.

"It’s true that the flow of people is bigger. After all, it’s a dining area, but more people have nothing to do for almost half an hour while waiting for dinner. Looking around, they are not real customers with purchase intentions. Now we are doing brand awareness and sales leads." A salesperson told Sina Science and Technology that, by comparison, salespeople are not so busy during holidays.

Sina Technology met a father who came to experience Krypton 001 with his children in the Krypton exhibition area. During the conversation, the father said that it was time to queue up for dinner, so he took his children to experience these new brands of vehicles, because it was too short to send them to the amusement park and it was a waste of money. It was not until the end that he showed his identity. In April this year, he set his pole to Krypton 001, and now he is only waiting to pick up the car. When he left, he did not forget to ask the staff of the polar booth, "After waiting for half a year, can you pick up the car on time?"

▲ The polar car exhibition hall on the fifth floor of Heshenghui is located next to the Children’s Paradise.

Except for Sky Auto, Weimar Auto, Nezha Auto, etc., which have not seen consumers entering the store, Sina Technology found through observation that almost every consumer has entered the store for less than 10 minutes, and the sales staff can only actively accumulate sales leads, ask for the contact information of the consumers entering the store or add WeChat.

"Of course, moving to the fifth floor also has the advantage that the rent is lower than that on the first floor. Some new energy brands can’t sell many cars a month, and renting the exhibition hall on the first floor is purely burning money. " A salesperson of new energy vehicles told Sina Technology.

As many new energy brands have moved from single-family buildings that were originally set up in the suburbs or far away from the city center to shopping malls in the city center, the rent of the first floor exhibition hall has also been pushed up. After the high rent, many brands choose to walk on two legs, opening service stores such as service centers and delivery centers in the suburbs, and opening smaller brand experience centers and exhibition halls in urban business districts.

Tesla is the leader of new energy automobile brands entering shopping centers. In 2013, Tesla opened its first experience center in China market in Qiaofufang Grassland. According to some Tesla employees, the annual rent of the store is in the order of 10 million yuan. About six years later, Xpeng Motors opened an exhibition hall next to Tesla Qiaofufang Grassland Experience Center, which was less than 20 meters apart.

These Tesla employees also revealed that after 2020, Tesla had planned to open a global flagship store in Sanlitun, and will gradually replace the Overseas Chinese Fufang Grassland Experience Center to reduce the rental cost. But in the end, Xpeng Motors beat Tesla at a higher price and opened a flagship experience center in Sanlitun Garden.

This is just a microcosm of new energy brands rushing to the core business circle and expanding brand awareness. Behind this competition is the fast-growing new energy vehicle market in China.

According to the China Automobile Industry Development Annual Report (2021) recently released by the Ministry of Industry and Information Technology, in 2020, the sales volume of new energy vehicles in China reached 1.367 million, up 10.9% year-on-year, exceeding 1 million for three consecutive years, showing a sustained high-speed growth trend, ranking first in the world for six consecutive years.

According to the data of the Federation, in the first half of 2021, the wholesale and retail of new energy vehicles has exceeded one million. From January to June, the wholesale of new energy passenger cars in China was 1.087 million, a year-on-year increase of 231.5%; The retail sales of new energy vehicles in China reached 1.001 million, up 218.9% year-on-year. In just eight months, the sales volume of new energy vehicles in China has surpassed the annual sales volume in 2020.

With the General Office of the State Council issuing the New Energy Automobile Industry Development Plan (2021-2035) at the end of 2020, many new energy automobile brands regard 2025 as the first window of China’s new energy automobile development stage-by 2025, the sales of new energy vehicles will reach 20% of the sales of new vehicles, and according to the scale, the sales of new energy vehicles in 2025 will be about 5 million.

However, many new energy brands are more optimistic about this figure, and thus carry out the expansion plan of sales network.

Xpeng Motors’s financial report for the second quarter of 2021 shows that 40 experience centers and service centers were added in Xpeng Motors in the first half of this year. Correspondingly, Xpeng Motors’s sales and administrative expenses remain high, contributing most of the losses. In the second quarter, Xpeng Motors’s sales and administrative expenses reached 1.031 billion yuan, an increase of 550 million yuan.

However, just after the release of the financial report, He Xiaopeng, the chairman of Xpeng Motors, said ambitiously that Xpeng Motors would increase the target of opening 300 new sales stores by the end of the year to more than 350.

By the end of August, LI had 114 retail centers nationwide, covering 69 cities. LI President Shen Yanan once revealed in an interview that LI plans to reach 200 retail centers nationwide this year, covering 100 cities.

When Sina Technology visited other shopping malls, it found that many retail centers in LI were under renovation. For example, in Qinghe Colorful City, LI set up a booth on the first floor, and a LI retail center was under renovation not far from the booth. This is also considered to be LI’s preparation for the listing of more models. Currently, there are only 2021 Li ONE models on sale in LI.

▲ Qinghe Colorful City is an ideal retail center under renovation.

Li Xiang, the founder of LI, once revealed LI’s product update plan. From 2022, LI will release at least two new products to the market every year, and will start to deliver pure electric products in 2023.

Sina Technology has seen in Xpeng Motors and official website, LI that both marketing and sales jobs are the most demanding jobs, with more than 430 jobs in LI and 610 jobs in Xpeng Motors. Others, such as Sky Auto, Weilai Auto and Nezha Auto, also have recruitment requirements for sales (consultant) positions in direct stores.

In addition to the new forces of building cars, the new energy brands of traditional car companies have gradually abandoned the traditional 4S shop model and set up brand experience stores instead, pulling in the distance from consumers. According to official data, Beiqi’s new energy brand Polar Fox plans to open 100 stores in 2021 and 150 stores in 2022. Lantu, a new energy brand owned by Dongfeng Motor, plans to open 40 direct experience stores in China this year.

▲ The Extreme Fox Experience Store in Qinghe Colorful City

In the face of more and more expensive rents, new energy automobile brands that need continuous expansion cannot stop the pace of rushing to the beach shopping center. Because the target group of new energy automobile brands has a high degree of overlap with the target group of shopping centers.

According to the data of Ai Media Consulting, users aged 26 to 45 will be the main force among new energy vehicle users in China in 2020, accounting for 76.09%. The White Paper on Commercial Attraction of Key Cities in China in 2020 published by Tencent Map shows that the age group of 26 to 45 is also the main group of visitors to key shopping malls in China in 2020, accounting for 58.33%.

"The collected sales leads may be repeated for 10 days and a half months in the past (on the first floor), but now it is shortened to 3 days, at most one week. If there is a new test drive to the store or there are activities, it will be more frequent." A salesperson who has moved from the first floor to the fifth floor of Heshenghui said that this is an obvious change in his work, because the time spent dealing with consumers is too short now, and he can only deepen his impression through follow-up communication.

The truth that new energy automobile brands compete for shopping centers is concentrated on the fifth floor of Heshenghui. However, whether on the first floor or on the fifth floor, for new energy automobile brands, it is inseparable from shopping centers, and money burning continues.