标签归档 上海419论坛2021

Guangdong Provincial Public Security Bureau announces the main means and typical cases of telephone fraud.

  BEIJING, April 28 (Xinhua) According to the news from the Guangdong Provincial Public Security Bureau, in order to severely crack down on the criminal activities of fraud by means of mobile phones, fixed telephones and IP telephones, at the beginning of this year, the Guangdong Provincial Public Security Bureau decided to launch a special campaign to crack down on telephone fraud.


  During the operation, the Guangdong police took "special case attack" as the leading factor, "propaganda and prevention" as the basis, and "coordinating all departments to make concerted efforts to control crimes from the source" as the working direction, and took various measures simultaneously to detect a large number of telephone fraud cases, and achieved phased results.


  Up to now, 46 criminal gangs of telephone fraud have been destroyed in Guangdong province, 468 cases have been cracked, 323 suspects have been arrested, 289 people have been detained, 127 people have been arrested, 18 people have been transferred for prosecution, 53 computers, 678 mobile phones, 735 SIM cards, 2,836 bank cards, 2,457,800 yuan in cash and 9,409,000 yuan in bank deposits have been frozen. Assisted foreign countries in arresting 122 suspects and solving 130 cases, which severely dealt a blow to the arrogance of telephone fraudsters.


  Judging from the cases of telephone fraud accepted and detected by public security organs, at present, telephone fraud in Guangdong Province mainly takes the following forms:


  1. SMS fraud. Criminals use mass senders to send short messages to mobile phone users in a certain number segment, and fabricate false information such as winning the lottery, winning the Mark Six lottery, and car tax rebate to commit fraud.


  2. Call directly to fabricate an accident to confuse the victim for fraud. Criminals call the victim to pretend to be his friend or let the victim guess who he is. After winning the trust of the victim, they ask the victim to send money to commit fraud on the grounds that they have been punished for illegal crimes or traffic accidents in other places.


  3, using the network virtual phone fraud. Criminals use Internet IP telephone, especially the technology of "rebranding software" to display incoming calls as telephone numbers of financial, telecommunications, political and legal departments or party and government leaders, relatives and friends of the victim, and after defrauding the trust of the victim, they trick the victim into transferring deposits into so-called "safe" accounts for fraud on the grounds that the victim’s telephone is in arrears, his identity data has been stolen, and his bank account is suspected of committing crimes, or pretend to be party and government leaders, relatives and friends of the victim, and take ""


  Among them, the crime of using "rebranding software" technology to impersonate the staff of financial, telecommunications, political and legal departments or party and government leaders to defraud is more prominent at present and has become the main form of telephone fraud at present. For example, on February 19th, a woman victim in Foshan, our province was defrauded of 840,000 yuan by criminals using the telephone number of the provincial political and legal organs by using the rebranding software, and a woman victim in Dongguan was defrauded of 340,000 yuan by criminals using the telephone number of a town leader. This kind of fraud has the following obvious characteristics: First, the victims are middle-aged and elderly people, especially middle-aged and elderly women. Most of these groups retire and live at home, have a certain economic foundation, don’t understand the criminals’ modus operandi and characteristics, and their children are not around during the day. Criminals use the time period of 9: 00 to 5: 00 to make phone calls, and the victims are easily deceived. Second, criminals always keep talking with the victims in the process of fraud, and make all kinds of language threats to deceive them, so that the victims are at a loss until they are deceived. Third, the amount of people cheated is huge. The one-time loss of the masses ranges from tens of thousands of yuan to hundreds of thousands or even more than one million yuan.


  According to reports, telephone fraud crimes still occur from time to time in Guangdong Province. In view of this situation, the Provincial Public Security Department decided to take the province’s crackdown on telephone fraud crimes as a long-term task, and organized the province’s public security organs to further strengthen various crackdown and rectification work and severely crack down on criminals.


  The Guangdong Provincial Public Security Department hopes that the masses will find clues about illegal crimes such as telephone fraud, report the case to the public security organs in time, assist them in cracking down and investigating, and effectively curb such crimes.


  Typical case


  (1) Shenzhen series of telephone fraud cases


  On January 14th, 2009, Mr. Wang, the victim of Shahe Police Station in shenzhen public, reported that at about 14: 30 that day, he received a phone call (number:+0193852211) at his residence in OCT, saying that Wang’s credit card of Shenzhen Bank of China had been spent 18,000 RMB, and his personal data might have been stolen. He asked Wang to transfer the money in the bank card to the account provided by him, and Wang put 90,000 RMB in his Shenzhen CCB card as required. Later, Shahe police station received a report from the victim, Ms. Kong, that she was cheated of RMB 256,000 by the above method on January 14, and the money was transferred to the Zhuhai Construction Bank card with the account name Xu Moming twice.


  After the incident, shenzhen public overcame various difficulties and organized police to investigate in Guangzhou, Dongguan, Zhuhai, Zhongshan, Jiangmen and other places, and successively arrested 11 suspects (all of whom have been detained in criminal detention) headed by Taiwan Province people in Zhongshan and Zhuhai. Two notebook computers, one desktop computer, five CDMA wireless network cards, 170 bank cards, 256 account numbers involved, 20 telephone cards and 18 mobile phones were seized on the spot. Five cases were cracked, involving more than 1.4 million yuan.


  (B) Shenzhen "1.05" telephone fraud case


  On January 5th, 2009, Xie Mou, the victim, reported to Meilin Police Station of Futian Branch that he received phone calls from China Telecom staff and Guangzhou Public Security Bureau police respectively on the same day, claiming that the victim’s ID card was used, and a phone call was opened in Guangzhou, and the account was suspected of money laundering. It was necessary to supervise his bank account and ask him to transfer the money from the bank account to the bank account provided by the other party. After transferring more than 600,000 yuan, the victim was found to have been cheated.


  After the case happened, shenzhen public immediately formed a task force to carry out the investigation. On the afternoon of March 4, the police of the task force found the suspect staying in a hotel in Shunde District, Foshan City. With the assistance of the local police, after nearly five hours of ambush, they arrested the fraud suspects Qiu Mouxiang (male, 39 years old), Tan Moujia (male, 46 years old), Lin Mouyi (male, 26 years old) and Guo Mouling (female). After the trial, Guo Mouling, Huang Moxi, "Ajie" and "Achen" have been wandering around Zhongshan, Foshan, Huizhou, Shenzhen and other places for a long time, responsible for extracting and transferring the money involved.


  (3) Zhuhai mega-phone fraud gang case


  On February 2, 2009, the victim Ma received a phone call from the leader of a city in Zhuhai with the display number. The other party lied that it needed 200,000 yuan in an emergency and asked him to remit the money to the designated account. On the same day, Ma remitted 50,000 yuan in advance, and found that he was deceived and stopped sending money. After being informed of the situation, the Criminal Police Detachment of Zhuhai Public Security Bureau immediately inquired and frozen the account, but the remitted 50,000 yuan was taken away in just ten minutes. Through a large number of investigations, Zhuhai Public Security Bureau has successively arrested suspects Huang Mowan, Huang Moxiao, Li Mohai, Shao Mosong, Wang Mobo, Zhou Moping, Lin Mouyu and Shao Mouhua.


  After the trial, the above-mentioned suspects confessed that from October 2008 to January 2009, they collaborated in telephone fraud, successively posing as the director of a pharmaceutical factory, retired cadres and leaders of the municipal party committee, and successfully committed four crimes, and defrauded 283,000 yuan.


  (4) A telephone fraud case of 530,000 yuan in Dongguan


  On February 19 this year, Han, a resident of Dongguan, received a phone call claiming to be a "town government leader" in the city, saying that he was in urgent need of money for a meeting in other places and offered to borrow money from Han. Han was defrauded of 330,000 yuan three times. The victims Liu and Li were defrauded of 100,000 yuan each by the gang in the same way.


  After receiving the report, Dongguan Public Security Bureau attached great importance to it and quickly set up a "2.19" telephone fraud case task force to carry out investigation. The suspects Yang Mouyong, Yang Moudong, Chen Mou Sheng, Xie Moujun and others were arrested successively (all of them were unemployed people), and a batch of 494 bank cards for committing crimes were obtained on the spot. At the same time, Zhuhai Public Security Bureau arrested the suspects Shao Mosong and Wang Mobo (involved in another telephone fraud case). After the trial, the above-mentioned suspects confessed that in early February this year, Xie Moujun, Shao Mosong, Wang Mobo and others discussed using the telephone to defraud, and Xie Moujun bought a telephone list of some township leaders in Dongguan and provided number change service from a man surnamed Li at a price of RMB 1,500 through the Internet. On February 19th this year, Xie Moujun contacted the man surnamed Li, and the man changed the display of the calling number through the Internet. Shao Mosong and Wang Mobo dialed the number on the phone list, posing as the leaders of a town in Dongguan, and defrauded on the grounds that they were in a meeting or doing business in Guangzhou and needed money urgently. On the same day, Wang Mobo defrauded Han of RMB 330,000, and Shao Mosong defrauded Liu and Li of RMB 100,000 each.


  (5) The case of telephone fraud in Zhongshan.


  On the morning of February 20th, the Triangle Town Branch of Zhongshan Public Security Bureau successfully arrested four suspects, including Su Mocheng (male, 34 years old), in a telephone fraud den in Dongrun Hua Ting Community of Triangle Town, and seized a Toyota car and 53 Nokia mobile phones, 46 mobile phone cards in M-Zone, 254 mobile phone recharge cards, more than 100 pieces of paper with phone numbers, owner’s names and addresses, and 10 bank accounts on the spot. After further investigation, it was found that the criminal gang was located in Huangpu Town and nantou town, Zhongshan City. On February 26th, the task force quickly arrested 12 suspects, including Fan Mouqiang (male, 20 years old) and Xu Mouping (male, 28 years old), in Huangpu Town and nantou town respectively, and seized a car, a number of items such as the crime phone number, bank account number and owner information. After trial, it was found that the criminal gang gathered idle people in Dianbai society, and Yang Mode (male, 23 years old, from Dianbai County, Guangdong Province) provided telephones, calling cards and a lot of information about the victim (including name, address, telephone number, etc.). After calling, he lied that an acquaintance or friend of the victim defrauded the trust, and then called the victim to ask him to transfer the money on the grounds that he was whoring, having an accident or his family was seriously ill. (Pan Aibin, Zach Li, Xie Liansheng)

Editor: Wang Jiaolong

Buy the top model, but the configuration is not as good as the low version! Geely Binyue manufacturer’s answer makes people …

The picture comes from the Internet.

Owner:

Often get stuck in the black screen, which is inconsistent with the propaganda.

"According to the propaganda, Geely Binyue is equipped with GKUI19 system, which should be very smooth to use, but in actual use, it is always stuck, especially when reversing, the reversing image cannot be displayed normally, and sometimes the screen is black, which is not consistent with its propaganda." Mr. Zheng said that after technical cracking, he found that the version of the car system (GKUI19 system) of all the top-equipped models he bought was 4.3, while the version of the car system of the low-equipped models was 5.1, and the memory of the car system of the top-equipped version was only 24G, 8G less than that of the low-equipped version.

In the relevant information provided by Mr. Zheng, Haidujun saw that the version of the car system of Geely Binyue, a top-equipped model, was indeed as it said, even worse than the low-equipped version.

The picture comes from the Internet.

Mr. Zheng told Haidujun that he had repeatedly reported the situation to the 4S shop, but the 4S shop said that the vehicles were uniformly equipped when they left the factory. Later, Mr. Zheng also reported to Geely manufacturers, but the manufacturers did not reply.

Why is the top model configured lower?

The manufacturer’s reply is ambiguous.

Vehicle system refers to the vehicle terminal installed on the vehicle bridge, including online navigation, entertainment audio and video, road information and so on.

Haidujun searched for complaints about the Geely Binyue car system on a third-party car quality evaluation platform, and found that Geely cars took the top three in the SUV complaints list, namely Xingyue, Binyue and Bo Yue. Most of the complaints were due to problems such as car system failure, car system jam and system version failure.

The picture comes from the Internet.

To this end, Haidujun called Fuzhou Jiyi 4S store, and the relevant after-sales staff of the 4S store introduced: "Mr. Zheng also told us that the car system of Geely Binyue’s top model is configured in this way when it leaves the factory, and the car system version of the low model is higher than that of the top model, which is also uniformly installed by the manufacturer, and there is no situation of reducing the configuration of a certain vehicle."

Haidujun also called the manufacturer Zhejiang Geely Holding Group Co., Ltd., and the relevant staff told Haidujun that the top model and the low model of Geely Automobile do not depend on the difference of hardware configuration, but on whether the vehicle has achieved its setting definition and target function. "That is to say, the high and low allocation of our vehicles cannot be defined according to the use experience dimension of a certain device." The staff said that in response to the situation reflected by many car owners, the manufacturer has launched a service, that is, car owners can go to the local 4S shop to upgrade the car system for free.

The staff did not give a positive answer as to why the car engine system version of the top-equipped model of Geely Binyue car was behind the car engine system version of the low-equipped model.

In this regard, Haidujun also interviewed relevant persons of Fuzhou Consumer Council yesterday. The other party said that Mr. Zheng could call 12315 to make a complaint when he encountered a car purchase problem, and they would intervene in coordination.

Coordinator: Guo Guo Editor: Yang Wujin

And this information deserves attention.

▼▼▼

illumine

and

Let the manufacturer give a statement.

↓↓↓↓↓ People who like this content still like it

Original title: "Buy the top model, but the configuration is not as good as the low version! Geely Binyue manufacturer’s answer is … "

Read the original text

Angry Birds 2 reveals a new preview: pigs and birds work together to dance happily.

1905 movie network news Directed by Toulup Van orman, the original animated films dubbed by Jason Sudeikis, Josh Gad, leslie jones, bill hader, Rachel Bloom, etc. exposed the "Together" version of the TV forecast, and the ice hockey hit Eagle Island. In the face of the survival crisis, the birds and the troublemakers finally "let bygones be bygones", and they will shoulder the heavy responsibility of saving their homes together with "Together". Pang Hong and Leonard called a group of experts to the frozen Eagle Island.


"The disaster of extinction" urged the old enemies to form an alliance for the first time, and the pigs and birds joined forces to "dance" against eagles

In the latest exposure of the "Together" version of the TV preview, I saw that the "Little Bird Trio" headed by Pang Hong was catapulting hot sauce at Pig Island with a slingshot. A pig eating burritos was unfortunately recruited, and Pang Hong and others immediately cheered the winner. This scene has long been used to pigs and birds who have been in love and killing each other for many years, until the ice hockey from Eagle Island hit the island where pigs and birds are located. The "special weapon" developed by the ice queen with great concentration has the power of conan the destroyer. In the face of life and death, the old enemy had to "bury the hatchet" and form an alliance to go to the frozen Eagle Island to fight against the ice queen.

So, under the leadership of Pang Hong and Leonard, partners with stunts such as Dart Yellow, Bomb Black and Invincible Condor all joined the team. With the blessing of Dr. Pig’s "black technology", they came to Eagle Island by submarine. Facing the heavily guarded Ice Queen’s residence, everyone successfully sneaked in by operating the "Trojan Eagle", and when they met the guards in a narrow way, they used their quick wits and performed the stunt of hilarious "awkward dance". Can the pig-bird alliance accomplish its mission under many difficulties?


Little cute sitting in rows brings excitement, and a summer hilarity is upgraded to a summer family fun.

In Angry Birds 2, in addition to the wonderful plot of the main characters fighting against eagles, there are many "cute" little guys, such as those three little birds, who hide an adventurous heart under their cute appearance, and "going into the ground" and "snatching eggs from Shekou" are not a problem for them. There is also the pet dog of the Ice Queen frozen in the ice, and the white seal that grabs fish and blinks. The addition of these cute animals adds a lot to the film.

It is worth mentioning that the film continues the dubbing lineup of the previous film. Peter Dinraki, who is famous for playing the role of "Little Devil" in Game of Thrones, will once again voice the "Invincible Condor" in the film, and the famous American singer "Spicy Chicken" will join the voice. The eldest daughter of "wonder woman" Gal Gadot and Nicole Kidman’s two daughters also appear in the dubbing lineup, among which gerga Duo’s eldest daughter is the one in the film. At the same time, Angry Birds 2, as a film made by a group of people with children, takes into account the needs of parents and the fun of children, and also allows children to learn something through movies, which is suitable for family watching in summer.


Angry Birds 2 will be released nationwide on August 16th.


Pro-Dongfeng Shuchang’an? Peugeot Citroen’s operation department in China is moving to Wuhan again

Obviously, this will bring it closer to Shenlong Automobile, the joint venture in China, because Shenlong Automobile is headquartered in Wuhan, and the headquarters of the joint venture China Dongfeng Motor is also here.

In the opinion of industry insiders, the relocation of PSA China and South East Asia headquarters to Wuhan can not only reduce labor costs and rent and other office costs through disguised layoffs, but also the close proximity of the joint venture, which saves communication costs and will help improve efficiency.

But it is also clear that this relocation will not only face another brain drain, but that PSA’s closer proximity to Dongfeng also means that it is "farther" from another partner in China, Changan Automobile, and the psychological alienation from the partner is not good for PSA’s development in China.

It is planned to relocate 140 employees to Wuhan

Hu Xiaojun, director of public relations for China and South East Asia operations of PSA Peugeot Citroen Group, confirmed to The Paper that the group is indeed studying the possibility of moving some of its operations in China and South East Asia to Wuhan.

Hu Xiaojun said that the relocation would involve some of the employees working in Shanghai, about 140 people. The research and development center with more than 600 employees will not be relocated. The plan is currently under discussion and results are expected within this week.

However, this large-scale relocation has been less than five years since the last "south relocation". In 2010, PSA’s China business unit was "upgraded" to establish PSA Peugeot Citroe ? n Group Asia, with 350 employees in Shanghai, mostly technical personnel related to technology research and development and automotive design, and only a few operation personnel. The real business operations are handled by PSA Asia in Beijing, which brings inconvenience to work communication and collaboration. So PSA made a "big bet" on China and began to relocate PSA Asia in Beijing to Shanghai at the end of 2011.

Since then, PSA has established PSA Peugeot Citroen (Shanghai) Management Co., Ltd., in order to establish a joint R & D center with Dongfeng. "At the beginning, there were plans to build a R & D building in Shanghai, and there were grand investment plans. Now the Chinese and foreign parties no longer mention the R & D building in public, and the establishment of a joint R & D center between PSA and Dongfeng has also been put on hold," insiders told Surging News.

It is reported that since many employees had already settled in Beijing at that time, not many employees moved their families to Shanghai. Although some moved to Shanghai temporarily, they also left PSA after finding other jobs in Beijing. It can be said that this relocation caused a large number of talent loss, which "greatly damaged the vitality" of PSA’s China and South East Asia operations department.

 

Moving to reduce costs?

"There are now fewer than ten people left from Beijing to Shanghai, and only two or three of them have a Beijing hukou. This time, people from Shanghai, a first-tier city, move to Wuhan, a second-tier city. Shanghai people are definitely not willing to go, and foreigners who have families in Shanghai are also not willing to go. Only those who are single or older and have difficulty finding a job in Shanghai will consider going." An employee who resigned from PSA’s Shanghai management company told The Paper. In his opinion, a lot of talents have been lost from Beijing to Shanghai, and now they have to move from Shanghai to Wuhan, which is bound to "hurt their vitality" again.

It is understood that the specific compensation measures have not been announced yet, and it is expected to be announced in the near future. "PSA has just recovered, and its financial resources are still very tight. Moving to Wuhan can reduce the cost of office space rental. In addition, there must be many employees who are unwilling to go to Wuhan, which can also achieve the purpose of disguised layoffs, and even if they recruit more people in Wuhan, the labor cost is lower than that in Shanghai." An insider analyzed the surging news reporter that since Dongfeng Motor invested in PSA, many functions of PSA’s headquarters in China and South East Asia are indeed unnecessary, such as the marketing and product department. In the past, if Shenlong wanted a new model, it had to communicate with PSA’s French headquarters through the marketing and product departments under PSA’s China and South East Asia headquarters, but now Dongfeng is a shareholder of PSA, and Dongfeng can communicate directly with PSA’s French headquarters. "Some departments really don’t need to exist," the person said.

Pro-Dongfeng Shuchang’an?

However, in his opinion, the reason why PSA did not move the headquarters of China and South East Asia to Shenzhen, where another Chinese partner is located, but moved to Wuhan, where Dongfeng is located, has a lot to do with PSA’s South East Asia market development in the future.

Data show that in 1992, Peugeot Citroen Group entered China and established a joint venture with Dongfeng Motor Group, Shenlong Automobile Co., Ltd., headquartered in Wuhan, with Peugeot and Citroen under its two brands. In 2010, PSA established a joint venture with Changan Automobile Group, Changan Peugeot Citroen Automobile Co., Ltd., mainly responsible for the production and sales of DS brand, headquartered in Shenzhen, with the brand operation department in Shanghai.

The PSA China and South East Asia headquarters moved to Wuhan, and Dongfeng Motor to be closer at the same time, Changan Automobile may feel uneasy.

This is not the first time Changan has been "uneasy". The last "uneasy" can be traced back to March 2014. After Dongfeng Group subscribed for about 14% of PSA’s shares at a cost of 800 million euros, the industry speculated that Changan PSA would face "falling out of favor": PSA will inevitably be more inclined to Dongfeng in the quotas in the future, and Changan PSA looks more like a chicken rib.

"Shenlong’s annual production has exceeded 700,000, Changan PSA is less than 30,000, and I am afraid it will not exceed 500,000 in this lifetime." Another insider of PSA’s China and South East Asia operations department believes that although Changan PSA is not very good, PSA and Dongfeng are "like glue", and even entering Dongfeng’s arms is bound to continue to open the "distance" between PSA and Changan.

At first, PSA refused to give DS to Shenlong, and Peugeot also gave it after a long game. If the DS was given to Dongfeng, it would save a lot of costs, and Changan PSA would not become a big problem as it is now. "Learn from the public to find two partners to play the game of checks and balances, but the strength can’t keep up." The above-mentioned insiders pointed out that PSA’s vision is not long enough and its layout in China is chaotic.

According to the data, since the sales in 2013, the annual sales of Changan PSA have not been able to break through 30,000 vehicles, far from the 2014 sales 100,000 vehicles proposed at the beginning of its establishment, and the 2015 sales 200,000 target.

However, even the sales of Shenlong Automobile, which is responsible for the sales of Shenlong Automobile, are not doing well. Since the beginning of this year, the sales of Shenlong Automobile have fallen for five consecutive months compared with the same period last year. In the first five months, the cumulative sales of Shenlong Automobile fell by nearly 20%. To this end, Shenlong Automobile also made personnel adjustments. At the end of June, Qiu Xindong, the current general manager of Shenlong Automobile, was transferred back to the headquarters of Dongfeng Company, and Su Weibin replaced Qiu Xindong to work at Shenlong Automobile.

Porsche sales leader, the Porsche 911 designed for cost-effectiveness

In terms of appearance, the new 911 Turbo series adopts the theme design porscheexclusivemanufaktur Porsche’s exclusive customization department, in which the front face adopts Porsche’s iconic three-stage air inlet, the air inlet area is also reduced, and a more dynamic front bumper and spoiler are used to make it look more fierce.

The interior style of the new car is still very delicate. Most areas of the center console are wrapped in leather materials, and some areas of the center console are wrapped in soft materials. The new car is also equipped with an LCD dashboard to improve the texture. The trend of the air conditioner is a through-type style. The LCD dashboard is equipped, which is quite wide. The new car is also equipped with a button-type shift lever. The periphery of the shift lever is also equipped with electronic and other physical buttons. OurHours four-wheel drive, cruise control, automatic start and stop, etc. are equipped.

The length of the car is 4572mm, the body width reaches 1900mm, the wheelbase is 2457mm, and the standard data is moderate. Among the models in the same class, the wheelbase of the Porsche 911 ranks 32nd. One bright spot is that its width reaches 1900mm, reflecting that the lateral space inside the car is not bad. Among the models in the same price and class, the trunk volume of the Porsche 911 ranks 25th. The space performance is limited by the positioning of the model, the performance is acceptable, and the flatness is no problem, but the total space is average.

The Porsche 911 is equipped with a 4.2 naturally aspirated engine (direct injection) combined with a wet dual clutch (DCT). The 4.2 engine is paired with a moderate power performance on the Porsche 911, with weak low torque and a sense of hysteresis. Ranked first among sports car models above 800,000.

If the above data, participation, etc. cannot fully understand the Porsche 911, then we can give you a more comprehensive reference based on the word-of-mouth information of users who have purchased Porsche 911 in history. It can be seen that what you are most satisfied with about Porsche 911 is that its logo is better. In addition, the front design is good-looking, and the interior workmanship is fine.

Linfen Volvo XC90 is being discounted, discount 174,900! Great offer today

Welcome to [Autohome Linfen Promotion Channel] to bring you the latest car market trends. At present, the much-anticipated promotion is being carried out in Linfen with attractive promotions. As a leader in the luxury SUV market, the XC90 enjoys a high reputation among consumers due to its excellent performance and elegant design. Surprisingly, car buyers can currently enjoy a cash discount of up to 174,900 yuan, which reduces the minimum starting price to 472,000 yuan. This undoubtedly provides a rare opportunity for consumers who are interested in buying XC90. If you are interested in this, be sure to click the "Check Car Price" link below to lock in this highly competitive offer in time and strive for higher discounts to meet your car purchase needs.

临汾沃尔沃XC90正在优惠,优惠17.49万!今日钜惠

The Volvo XC90 exudes Scandinavian luxury with its unique design style and exquisite craftsmanship. The front face is designed with a sense of power, and the classic Quake LED daytime running lights give the vehicle a high degree of recognition. The air intake grille adopts a family-style design, and with chrome decoration, it adds a sense of luxury and fashion. The overall appearance is smooth, elegant and dynamic, highlighting the Volvo brand’s attention to detail and insistence on quality.

临汾沃尔沃XC90正在优惠,优惠17.49万!今日钜惠

The Volvo XC90’s sleek side lines reflect its sophistication and power. The body measures 4953mm x 1958mm x 1778mm and has a wheelbase of 2984mm, providing passengers with a spacious interior space. The tire size is 275/45 R20, and the front and rear wheels are used in this specification, which not only guarantees driving stability, but also complements the proportion of the body. The overall design reflects both luxury and sportiness.

临汾沃尔沃XC90正在优惠,优惠17.49万!今日钜惠

The interior of the Volvo XC90 is exquisite and elegant, reflecting the perfect fusion of luxury and technology. The high-quality leather material wraps the steering wheel to provide a comfortable grip. The steering wheel supports manual up and down + front and rear adjustment for a precise driving experience. The center console is equipped with a 9-inch high definition touch screen, with a simple interface. It integrates multimedia systems, navigation, telephone and air conditioning controls. It supports automatic speech recognition and is easy to operate. The seats are made of leather, and the main and passenger seats are equipped with 4-way adjustment functions, including front and rear, backrest, high and low and waist support, to ensure passenger comfort. The front seats are also equipped with heating function, and the driver’s seat is equipped with a power seat memory function, which reflects the attention to detail. The rear seats support proportional reclining, providing flexible space options for travel.

临汾沃尔沃XC90正在优惠,优惠17.49万!今日钜惠

The Volvo XC90 is powered by a 2.0T turbocharged engine with a maximum power of 184 kilowatts and a peak torque of 350 Nm, delivering 250 horsepower. It is matched by an 8-speed automatic transmission that ensures a smooth driving experience and efficient power transmission.

Summarizing the owner’s evaluation, the Volvo XC90 won his approval with its domineering appearance and unique front design, and the stylish sense of headlights and wheels added to the charm of the vehicle. The owner’s praise undoubtedly highlights the unique design of the XC90, which is enough to attract consumers who pursue individuality and quality.

Hengda liquidation, what game is China’s real estate facing?

The following article is based on Bottom Line Thinking, by Lu Ming

Bottom line thinking.

Observer network commentary column

Luming

Political letter financial practitioner, freelance writer

At the moment, any disturbance in Chinese real estate will not lack an audience.

In the beginning of 2024, the news of a "Hong Kong High Court order for China Evergrande to be liquidated" caused heated debate in the market. The debate was about how much assets could be liquidated and whether the liquidation was the best for Evergrande’s creditors. The Hong Kong Special Administrative Region government and the Chinese mainland High Court signed the "Minutes of the Talks on Mutual Recognition and Assistance in Bankruptcy Proceedings between the Mainland and the Hong Kong Special Administrative Region Courts" and the "Opinions on Launching the Pilot Work on Recognition and Assistance in Bankruptcy Proceedings in the Hong Kong Special Administrative Region" issued by the High Court, which seemed to block the impact of the liquidation order on Evergrande’s assets and business in the mainland.

In just two days, rumors of "Country Garden creditors applying for liquidation" spread like wildfire, and the creditors of real estate companies flared up. Although Country Garden refuted the rumors on February 1, the haze of "being liquidated" still hangs over Chinese real estate companies. On February 16, Longguang Group announced that the Hong Kong High Court had ordered the liquidation petition to be withdrawn; this was because Longguang Group had agreed on a workout plan with the creditor group of US dollar bonds and its advisers a month ago.

However, by the end of February, Country Garden was in the news again. Ever Credit Limited filed a winding-up petition against Country Garden in the Hong Kong High Court on February 27, involving about 1.60 billion Hong Kong dollars of outstanding loans. Country Garden’s latest response said that it firmly opposes the winding-up petition and will seek legal advice, take all necessary actions, and actively and properly defend with the advisory team.

Whether to choose to liquidate, continue to believe, or lie flat, deserves careful consideration by real estate company creditors. Although many people are eagerly looking forward to the stability and recovery of the real estate market, the market is still dead; such "calm" cannot help but wonder: Has the real estate industry become a thing of the past?

Yesterday, China Evergrande, today’s debt is "constant"

The "Evergrande myth" came to an end last September when Xu Jiayin, chairperson of Evergrande’s board, was taken into coercive measures on suspicion of illegal crimes.

Since then, the news about Hengda has continued to appear in the coverage, mainly about the progress of the property, the listed company’s valuation decline and suspension, workout and asset sale, until January 29 this year, Hengda creditors postponed the seventh liquidation petition hearing expired.

But during this period, the public seems to have "forgotten" Evergrande. Rather than "disappointment", it is better to call it "rational". Rationally view the evolution of Evergrande’s events, rationally think about the present and future of the property market, rationally respond to variables that appear at any time, and strive to solve practical problems related to themselves.

Figure 1 is a concise map of the business empire created by Xu Jiayin and his wife, which is controlled by China Evergrande Group (abbreviation: China Evergrande, stock code: 03333.HK), Evergrande Property Group Co., Ltd. (abbreviation: Evergrande Property, stock code: 06666.HK), China Evergrande New Energy Group Co., Ltd. (abbreviation: Evergrande Automobile, stock code: 00708.HK) and Evergrande Real Estate Group Co., Ltd. (abbreviation: Evergrande Real Estate).

Figure 1 (Source of information: According to the query information of Enterprise Early Warning)

China Evergrande is registered in the Cayman Islands, Evergrande Property and Evergrande Auto are registered in Hong Kong, and Evergrande Group and Evergrande Real Estate are both registered in Shenzhen. Evergrande Group is the main commercial entity of China Evergrande except real estate business, covering high-tech, finance, Internet, modern agriculture, health industry, education technology, think tanks, sports, amusement parks, restaurants, hotels and other sectors.

According to the 2023 interim report of China Evergrande and its subsidiary Evergrande Real Estate, Evergrande Group’s consolidated caliber total assets are 1.743997 trillion yuan, consolidated caliber liabilities are 2.3882 trillion yuan, and consolidated caliber owner’s equity is -644.203 billion yuan, which is seriously insolvent. Consolidated caliber interest-bearing debt [Interest-bearing debt includes senior notes, corporate bonds, convertible bonds, bank loans and trusts and other non-standard financing.] The total amount is 624.765 billion yuan, and Evergrande Real Estate accounts for about 70.87%, which is 442.754 billion yuan.

Among them, the amount of interest-bearing debt denominated in US dollars and Hong Kong dollars is equivalent to RMB 157.896 billion yuan and 6.239 billion yuan respectively, accounting for 26.37% of the total interest-bearing debt of Evergrande Group. There are 14 Chinese dollar bonds, totaling 19.5454 billion yuan: 10 Chinese Evergrande headquarters, totaling 14.3104 billion yuan; 4 Hengda real estate, totaling 5.2314 billion yuan.

It can be seen that Evergrande (hereinafter referred to as "Evergrande" to refer to the enterprise group composed of China Evergrande and its subsidiaries) has a relatively low proportion of overseas debt, and mainly uses indirect financing methods.

Evergrande has a debt of 2.40 trillion yuan, of which interest-bearing debt is only a quarter. Other liabilities mainly include: payments due to suppliers (including real estate and trading businesses, etc.), accounting for about a quarter; advance payments from home buyers, accounting for about a quarter; payables from third-party lending, partners’ upfront investment, acquisition of land use rights and project company equity, accounting for about one-eighth; and deferred income tax liabilities, accounting for about one-eighth.

The "Updated Announcement on Hengda Real Estate Involving Major Litigation and Failure to Liquidate Due Debts" released on December 29, 2023 shows that as of the end of November 2023, Hengda Real Estate had involved a total of approximately 316.391 billion yuan in unliquidated due debts, and a total of approximately 205.537 billion yuan in overdue commercial tickets.

The above data is only financing data. Payments due to suppliers, partners’ upfront investment, and other payables are scattered among thousands of pending lawsuits and cases of dishonest enforcers. The balance of prepaid house purchases by house buyers is slowly reduced along with the "guaranteed buildings" one by one.

Domestic debt "is not debt", foreign debt will "kill"

Figure 2 shows the change curve of relevant indicators drawn by the author according to the statistics of the State Administration of Foreign Exchange’s "China’s External Debt, National Economy and Foreign Exchange Earnings, 1985-2022".

From the graph, it can be seen that the growth rate curve of external debt balance and the growth rate curve of foreign exchange income have the same trend; the GDP growth rate curve has a strong correlation with the debt ratio curve, and both are relatively flat.

According to the data of the State Administration of Foreign Exchange, in 2001, China’s foreign exchange income was 299.40 billion US dollars, and the balance of foreign debt was 203.30 billion US dollars. Before 2001, the annual foreign exchange income was slightly higher than the balance of foreign debt. After 2001, thanks to China’s accession to the WTO, the annual foreign exchange income and the balance of foreign debt quickly widened. By 2022, China’s foreign exchange income 3.5552 trillion US dollars, and the balance of foreign debt 2.74656 trillion US dollars.

The rapid growth of foreign debt and foreign exports is the best example of China’s export-oriented economy in the past 20 years. The perfect match between the debt ratio and the GDP growth rate further confirms the good effect of using foreign debt to promote economic growth.

Figure 2 (Note: 1. Debt ratio refers to the ratio of the balance of foreign debt at the end of the year to the GDP of the year; 2. Foreign exchange income refers to the export income of goods and services on the basis of the balance of payments.)

Figure 3 shows the stock amount of Chinese dollar bonds issued by enterprises in various industries and the relevant statistics. Among them, financial enterprises issued the most, followed by real estate enterprises.

As of February 21, 2024, the balance of US dollar bonds issued by real estate enterprises was 57.542 billion US dollars, a decrease of 31.49% from the US $83.993 billion at the end of 2022. It is expected that the repayment tide of US dollar bonds of real estate enterprises will continue. Since 2023, the number of new US dollar bonds issued by real estate enterprises has dropped to single digits. In addition to leading real estate enterprises such as Shanghai Jinmao, Yuexiu Real Estate, Wanda Commercial, and Swire Real Estate, only a few urban investment companies with real estate as their main business are left.

Figure 3 (Data source: Enterprise Early Warning)

According to Evergrande’s interest-bearing debt structure data, its foreign debt accounts for less than 30%. But it can be said that it is precisely because of this small amount of foreign debt that Evergrande has been "guillotined".

Why are Hengda’s domestic debt creditors, including home buyers, suppliers, partners, and Financial Institution Group, willing to give Xu Jiayin and Hengda some time, while foreign creditors are impatient and even want to take advantage of the fire? Not to mention that there are very few left after the liquidation of Hengda, even if according to the order of debt repayment, foreign creditors are not preferred.

Perhaps it is because foreign creditors handle economic affairs strictly in accordance with the concept of "rule of law" and business habits; perhaps it is because domestic creditors have a more accurate grasp of the current economic environment and economic situation, and optimistic expectations dominate; perhaps some people take the opportunity to short Chinese real estate and play arbitrage games… At present, there is not enough evidence to verify the above speculation.

But there is one point that deserves the attention of domestic enterprises, that is, they must reasonably and moderately borrow foreign debt for production and operation based on the needs of the enterprise’s operation, and at the same time deal with creditors in accordance with the market economy system and rules. For the content of reasonable and moderate borrowing, readers can refer to the author’s previous article "Private enterprises lack money, what else is missing?" on the relevant discussion of "the advantages and disadvantages of equity financing and debt financing".

We must not handle and treat foreign affairs with the concept and style of handling domestic debts, that is, "politicization of economic issues". The political structure must be necessary, but it can only be used as a means of backing the bottom line, and it should not be overused, so as not to cause "discredit" and cause pessimistic expectations. Borrowing foreign debt involves a wide range of aspects. The State Administration of Foreign Exchange, the National Development and Reform Commission, and the Ministry of Commerce of China and other departments will participate in the guidance to varying degrees according to the amount and purpose of borrowing foreign debt. Rashly imposing administrative intervention is not only contrary to commercial credit, but also will damage the image of our country’s socialist market economic system and cause a series of adverse reactions.

External debt is sensitive to factors such as exchange rates, interest rates and geopolitics, and the variables are large. A little carelessness will trigger the liquidity risk of the borrower, which will cause a debt crisis and disrupt the rhythm of production and operation. If the industry risk is superimposed, the borrower will fall into the abyss, just like Evergrande.

Will Hengda’s liquidation be followed?

The liquidation of China Evergrande is the end for Xu Jiayin and his business empire. But is this wave of liquidation just beginning for China’s real estate industry?

The following table is based on the announcements of some well-known real estate enterprises and their related parties. It is not difficult to find that there are not a few real estate enterprises that have been liquidated by creditors of overseas debts. The first liquidation petition is concentrated in 2022, and the first application for liquidation of individual real estate enterprises occurs in 2023 and 2024.

Judging from the judgments of the Hong Kong High Court and the Grand Court of the Cayman Islands on the winding-up petition, there are four orders: dismissal, adjournment, revocation, and enforcement. Each order is issued prudently, and is based on the actual situation of the real estate enterprise, the feasibility of the workout, and the approval of creditors. The legal details are left to legal experts to interpret, which will not be covered in this article for the time being.

Table 1 (Note: The above information is collated according to the announcements of each company, and the relevant date is the announcement date or the content of the excerpted announcement.)

However, one thing worth noting is that whether the company chooses to lie down or save itself determines the sooner or later the liquidation petition will be executed. Among the real estate companies that have been liquidated, Sunshine City is undoubtedly the flattest. The first application for liquidation was executed without even a trace of struggle. How can we talk about self-rescue, let alone sincerity?

Sony Holdings was liquidated in December 2022, and the Stock Exchange cancelled its status as a superior company on April 13, 2023. The progress and details of its liquidation cannot be obtained through public channels for the time being. Jiayuan International was liquidated in May 2023, and the liquidation work is still in progress, during which the stock continued to be suspended.

According to the "Latest Information on the Group’s Business Operations and Proposed Restructuring" released by Jiayuan International on January 30, 2024, it is time-consuming and laborious to sort out its domestic and foreign debts. Not only does the liquidation require financial support from creditors, but the remaining rights and interests cannot be fully protected when the restructuring is completed. The following is an excerpt of the original text:

"The Liquidator believes that the proposed protective action may be an arrangement made by the onshore creditors and/or the local government to facilitate the completion and delivery of the housing project and/or the segregated protection of the value of the Qingdao Real Estate Development Project…. As of the date of this announcement, the outstanding principal amount (excluding any accrued interest) payable to the Lender by Cheung Yuen Properties (an indirect wholly-owned subsidiary in Macau) under the financing agreement is approximately HK $3.20 billion. As a result of the appointment of the Receiver, the Group no longer has any power or authority to dispose of Bright Ocean shares and all assets of Bright Ocean, including the interest in Xiangyuan Real Estate…. On January 19, 2024, Guangyuan Mining (an indirect wholly-owned subsidiary in Cambodia) received a reminder notice from CITIC Xinhui to repay its debts totaling US $129,620,620.35 by January 26, 2024, otherwise CITIC Xinhui indicated that further legal action may be taken against Guangyuan Mining…. It is expected that the impact of the above-mentioned development of the company’s domestic and overseas operations will result in a significant decrease in the net asset value of the Group compared to the net asset value disclosed in the recently published consolidated statement of financial position as at June 30, 2022…. There is no doubt that in the absence of sufficient funds, it will not be possible to Achieving a successful restructuring… The liquidator seeks the continued support of all the company’s creditors and their patience throughout the process. "

Looking back at Hengda, the company and its executives, as well as the actual controller Xu Jiayin, have been actively communicating with creditors, local governments and people from all walks of life. Sorting out Hengda’s announcements and related information reports, most of them are workout progress, property protection, and asset sale. It can be seen that Hengda has not been lying flat, and it is Hengda’s full sincerity and active self-rescue actions that have repeatedly postponed the liquidation petition.

So, is it because of a series of events such as Xu Jiayin’s technical divorce, filing for bankruptcy protection in the United States, and being forced to take coercive measures that creditors have lost patience and confidence, accelerating the arrival of liquidation? The author believes that it is not unrelated, but it should be mostly rational. After creditors have a deep understanding of Evergrande, they have combined the real estate industry, domestic economy, and international environment to make a comprehensive evaluation of "the lesser of two evils".

Petitioning for liquidation is not an end, but a means for creditors to fight for their rights and interests. It is a helpless move to negotiate fruitlessly. Whether foreign creditors of other real estate companies will petition for liquidation one after another depends on whether real estate companies really want to be liquidated.

For domestic creditors, it seems that the option of applying for liquidation is missing, but it is actually abandoning the forced negotiation measure of "breaking the jar". After all, the problems currently encountered by real estate enterprises are similar. It is not so much a debt crisis caused by excessive debt, but an inevitable outcome of the industry’s risk clearing.

Thousands of sails pass by the side of the sunken boat

According to the above-mentioned cases of several real estate companies that have been ordered to be liquidated by the Hong Kong High Court or overseas courts, Evergrande’s liquidation will take a long time. After all, Evergrande’s volume is very large, involving a lot of business and a wide range of regions. Moreover, the task of protecting the property in China is still arduous, and litigation and enforcement have yet to be realized. Recently, Sean, CEO of Evergrande Group, said that the management and operation system of domestic and foreign subsidiaries of Evergrande Group and other independent legal entities remains unchanged, and key tasks such as protecting the property are steadily promoted.

Standing at the current point, Evergrande’s liquidation has caused the market to feel the "cold spring", and foreign creditors have launched a wave of "counterattack" in response to the cold snap – on February 16, 2024, Hongyang Real Estate (1996.HK) issued an announcement, and Bank of New York Mellon London Branch submitted a liquidation petition to the Hong Kong High Court, involving financial obligations of not less than 228,500,000 US dollars, which has not yet entered the hearing.

Other foreign real estate creditors are also waiting for an opportunity. What are they waiting for? Presumably not to petition for liquidation. Maybe it is waiting for the company to cut meat and sell assets cheaply; maybe it is aiming at the opportunity of bottom fishing and preemptively occupying land; of course, it may also be purely to rip off. But these actions are beyond reproach in the end. As for the market, compliance can be done.

The market is rational, and all parties are pursuing maximum profits. Only by withstanding the test of liquidation can we proceed steadily and far in the next real estate cycle.

Infographic/Dongfang IC

Can real estate become a breakthrough for economic boost again?

Since November last year, the People’s Bank of China and other eight departments jointly issued the "Notice on Strengthening Financial Support Measures to Help the Development and Growth of the Private Economy", real estate enterprises have received financing support from commercial banks and other Financial Institutions Groups to varying degrees.

It is reported that as of February 20, 214 cities in 29 provinces across the country have established a real estate financing coordination mechanism, and put forward a "whitelist" of real estate projects that can be supported by financing in batches and pushed to commercial banks, involving a total of 5349 projects; 162 projects in 57 cities have received bank financing for a total of 29.43 billion yuan, an increase of 11.30 billion yuan compared with before the Spring Festival holiday.

There are many opinions that at this stage, for real estate enterprises, they should first focus on the resolution of their own debt crisis. Get cash flow through high-quality asset disposal, and the strong man will break his wrist; or through other business sectors, or even the real estate sector compensated by the actual controller’s private assets, seek balance… The above-mentioned debt schemes are correct, but they cannot solve the fundamental hematopoietic problem. Short-sighted solutions to problems will not only dampen the enthusiasm of creditors, but also dampen the enthusiasm of a large number of enterprise managers.

Housing enterprises self-rescue blood, Financial Institution Group blood transfusion, is a top priority, help boost market confidence. However, the real estate enterprise debt high this drawback, in the process of rapid development of the real estate industry, eventually led to the debt crisis. Therefore, the solution should also be found in the continued development.

Since the beginning of this year, many first-tier and super-first-tier cities have relaxed their residential purchase restrictions. At the same time, monetary policy has also been actively implemented: on January 24, the People’s Bank of China announced that the deposit reserve ratio of the Financial Institution Group will be reduced by 0.5 percentage points from February 5, 2024 (excluding the Financial Institution Group that has implemented the 5% deposit reserve ratio); on February 20, the People’s Bank of China authorized the National Interbank Offered Center to announce the loan market quotation rate (LPR): The market quotation rate (LPR) for loans with a maturity of more than five years was reduced from 4.20% to 3.95%, a decrease of 25 basis points from the previous value.

Zhang Xu, an analyst at Everbright Securities, said, "This is not only the first LPR decline since August 2023, but also the first time since May 2022 that the LPR decline formed by the active compression of the MLF (medium-term lending facility) interest rate remains unchanged. It is also the largest single decline since the LPR reform, and it is a single decline that far exceeds market expectations… It will help support the stable and healthy development of the real estate market."

All eyes are on the real estate market, and most of the good news has been given. Can the real estate industry become the engine of stable economic growth in the "post-epidemic era"?

Pessimists are right, optimists move forward. With the implementation of monetary policy, debt risk will be transferred from the real estate industry to the commercial banking sector, and to a certain extent, it will be borne by the residential sector. It is necessary to pay attention to the local risks exposed in the process of risk transfer, such as the risk of excessive bad debt ratio of small and medium-sized banks. AMC institutions may be able to cover it to a certain extent.

In addition, fiscal policy should be more active. Advancing the construction of affordable housing, "dual-use" public infrastructure, and "three major projects" for the renovation of urban villages can help the real estate market stabilize and recover, and real estate enterprises can achieve appropriate replenishment. In the future, whether the development of housing rental market and commodity housing market can shine greatly depends on whether the macro economy can continue to improve.

Source | Bottom line thinking

Continue to swipe to see the next one.

Evergrande is liquidated, what kind of game is China’s real estate facing? Observer Network, light touch to read the original text

Observer network, like sharing, watching, write a message, swipe up to see the next one

Original title: "Evergrande liquidated, what game is China’s real estate facing?"

Read the original text

Press conference | Raising the basic pension for retirees of enterprises and urban residents

Recently, the Press Office of Rushan Municipal People’s Government held a press conference on the adjustment of the basic pension for retirees. The relevant person in charge of the Municipal Social Insurance Center introduced the relevant situation and answered questions from reporters.

In 2021, Rushan City raised the basic pension for retirees of enterprises and urban residents in the city according to the unified arrangements of the higher authorities. Among them, the standard of basic pension for urban residents has been raised from 154 yuan per person per month to 162 yuan. The adjustment of enterprise basic pension adopts the method of combining quota adjustment, hook adjustment and appropriate tilt.

Quota adjustment

65 yuan’s pension will be increased every month.

Hook adjustment

Increase the pension according to the following two parts:

1. Determine the monthly increase according to 1.2% of my basic pension in December 2020.

2, enterprise retirees adjusted according to the payment period. According to my payment period, determine the monthly increase, among which, for the part below 15 years (inclusive), 1 yuan will be increased every month for every full year; For the part of more than 16 years to 25 years, the 1.3 yuan will be increased every month for every full year; For the part of more than 26 years to 35 years, the 1.6 yuan will be increased every month for every full year; For the part of more than 36 years to 45 years, the 1.9 yuan will be increased every month for every full year; For the part that has been over 46 years, 2.2 yuan will be added every month for every full year. The payment period includes the deemed payment period, excluding the additional years converted from special types of work; If the payment period is less than 1 year, it shall be calculated as 1 year.

Appropriate inclination

1. Before December 31, 2020, for retirees who have reached the age of 70 and under 75 (calculated by the date of birth confirmed by the regulations when going through retirement procedures, the same below), who have reached the age of 75 and under 80, and who have reached the age of 80, the pensions of 15 yuan, 30 yuan and 60 yuan will be increased respectively per person per month.

2. During the period from January 1 to December 31, 2020, the number of enterprise retirees who reach the age of 70, 75 and 80 (excluding the one-time payment of the insured by the enterprise) will increase in 290 yuan, 190 yuan and 360 yuan respectively per person per month, and the one-time payment of the insured by the enterprise will increase in 70 yuan, 60 yuan and 120 yuan respectively per person per month.

In 2021, there were more than 80,000 enterprise retirees who adjusted the basic pension in Rushan City, and the monthly average pension was increased by 129 yuan, and the basic pension for enterprise retirees was reissued by 63.06 million yuan; The basic old-age pension for urban residents has been raised by 5%, and the average treatment level has reached 198 yuan per person per month, with a replacement amount of 890,000 yuan. At present, all of them have been paid in place.

ask a question

Qustions

&

explain

Answers

Q1

In recent years, the treatment of retirees is improving every year, and many flexible employees also want to participate in the endowment insurance for enterprise employees. How do flexible employees pay for insurance? How is the base and proportion of paying endowment insurance premium stipulated?

Flexible employees can voluntarily apply for insurance payment. Flexible employees who are under 60 years of age and under 50 years of age can apply for insurance registration at Windows 2 and 3 of Area C on the second floor of Rushan Citizen Service Center with their ID cards or temporary residence permits, and can pay after registration.

Individual industrial and commercial households and flexible employees who participate in enterprise endowment insurance in their personal capacity, the amount of their pension insurance premiums shall be determined by multiplying the payment base stipulated by the state and the province by the payment ratio.

The current regulations are as follows: the payment base can be selected between 60% and 300% of the average salary of employees in full-caliber urban units in this province, and the payment ratio is 20%; Among them, 8% is credited to personal account and 12% to overall fund. For example, the payment in 2021 can be selected in the range of 3746 yuan to 18726 yuan. If the base of 3746 yuan is selected, the insurance premium to be paid in 2021 is 3746×20%×12=8990.40 yuan. There is 3746×8%×12=3596.16 yuan in personal account, which can be inherited.

When the insured persons who participate in the basic old-age insurance for enterprise employees as flexible employees reach retirement age (men over 60 years old and women over 55 years old), if the accumulated payment period is over 15 years, the pension will be paid according to the regulations. Among them: female flexible employees who have been employed in a flexible way and continue to pay endowment insurance premiums after the termination or termination of labor relations with the original enterprise after the enterprise has paid the insurance premium for 10 years, their retirement age is still 50 years old. If the female flexible employment insured payer has been employed in the enterprise for 10 years, his retirement age will still be 50 years old.

Q2

What should I do if employees reach the statutory retirement age and the payment period is less than 15 years?

According to the regulations, if the employees of an enterprise have paid the fees at the statutory retirement age for less than 15 years, they can extend the payment to 15 years. "Social Insurance Law" before the implementation of the insured, extended payment after 5 years is still less than 15 years, you can pay a one-time payment to 15 years.

Q3

Excuse me, under what circumstances can I repay the endowment insurance for enterprise employees? How to pay back?

If the employer and the employee have not insured or paid the old-age insurance premium during the labor (personnel) relationship, they can pay the old-age insurance premium for the period that they have not insured or paid. The specific policies shall be implemented in accordance with the Notice of Shandong Provincial Department of Human Resources and Social Security on Improving the Payment Policy for Employees’ Basic Endowment Insurance (Lu Ren She Gui [2019] No.13).

To pay back as an employee of the unit, the unit shall submit a written application and go through the formalities of paying back in the social insurance agency where the unit is insured; When applying for overdue payment, the following materials should be provided: ID card and original file of the payer, salary income credentials and other original materials corresponding to the reasons for overdue payment. Among them, if the one-time payment exceeds three years, legal documents issued by administrative departments such as people’s courts, auditing departments, labor inspection or labor and personnel dispute arbitration committees shall be provided.

The state clearly stipulates that people who are over the retirement age and do not meet the requirements shall not be included in the basic old-age insurance for employees by means of one-time payment. At the same time, it is stipulated that individual industrial and commercial households without employees and all kinds of flexible employees are not allowed to increase the payment period by making up the payment afterwards.

Q4

Recently, Shandong Province announced the upper and lower limits of the social security payment base. According to the requirements, who needs to pay the base difference and how to pay it?

According to the relevant data calculated by the provincial statistics department, the average salary of employees in full-caliber urban units in the province in 2020 was 74,906 yuan, with an average of 6,242 yuan per month. In 2021, the upper limit of employee social security payment base was 18,726 yuan, and the lower limit was 3,746 yuan. According to the regulations of the province, if the monthly payment base of employees at the beginning of the year was less than 3,746 yuan, it should be repaid according to 3,746 yuan.

Among them, the individual make-up part of the employees who are on-the-job and change their work units is withheld and remitted by the current unit to complete the make-up business, and the individual does not pay the make-up fee; The social security relationship has been transferred to the new insured place, died for some reason, went abroad and other accounts have been settled, and individuals do not make up the difference.

Individuals who need to make up the difference mainly include those who have stopped paying after leaving the company and flexible employees (including those who have gone through retirement procedures). The amount and data of personal makeup are automatically generated by the social security system, and the time for personal makeup payment is until December 2021.

Those who pay fees when the enterprise leaves the company need to bring their ID cards to the tax window in Zone D on the second floor of the Citizen Service Center to pay the fees.

Flexible employees can make up the difference through the WeChat applet "Shandong Tax and Social Security Payment" and Alipay "Citizen Center-Social Security-Social Security Payment-Flexible Employment-Special Payment", or they can take their ID cards to the tax window in Zone D on the second floor of the Citizen Service Center for payment.

Original title: "Press Conference | Raising the basic pension for retirees of enterprises and urban residents"

Read the original text

Changjiang, Hainan: kapok comes in spring

  "It’s different in the south, middle and spring, and the city is full of kapok." At present, it’s a good time to enjoy kapok in Changjiang, Hainan.

  Changjiang River, known as the "hometown of kapok", is one of the areas where kapok is concentrated. 2-mdash per year; In March, the landscapes of Baoshan Village Kapok Terrace, Paian Village Kapok Railway and Changhua River Kapok Red in Changjiang River formed Hainan’s unique beauty of stepping into the spring. When kapok bloomed, it was the first time when rice was planted, which vividly showed the freehand brushwork picture of "spring ploughing in the flowering season" and formed kapok unique to Asia — Paddy field farming system.
Every year, during the flowering season of kapok in Changjiang, painters and tourists from all over the country also come here.

Tesla investors’ day talks about the concept of "three self" products defined by automobile robots

At Tesla’s first investor day, Musk once again made a surprising statement: "Tesla cars are robots on wheels, and no one and no company can approach Tesla’s level in real-world AI." As soon as this was said, the two major topics of AI and robotics once again triggered industry discussions.
At the beginning of 2023, other new forces, such as ideals, also said that they should build systematic capabilities around AI robots. "Intelligent electric vehicles with autonomous driving will also become the earliest artificial intelligence robots."
From the perspective of the whole automobile industry, it is the concentration that first puts forward the advanced concept of "automobile robot". As early as the beginning of its establishment in 2021, Jidu took "automobile robot" as its product positioning, and automobile robot has also become another product masterpiece under the Geely SEA framework.
Objectively speaking, Musk’s statement made the world see the tremendous changes that AI technology has brought to the automobile industry, and also strengthened the development trend of "robot" of automobiles.

"Automobile robot" conforms to the future development trend, and "three self" is the basic attribute.

"No AI, no intelligence" has become the consensus of the automobile industry. In the past, fossil energy was the core power source of automobiles in the era of fuel vehicles 1.0, and electric vehicles 2.0 were driven by electricity. In the current era of smart cars 3.0, the underlying driving force came from AI technology.

Like Musk, Xia Yiping, CEO of Jidu, always emphasizes that AI technology is the "soul" when he mentions "car robot". Xia Yiping once said, "The era of smart car 3.0 is the era of automobile robots. The starting point of the era change is that the’ driving right’ of automobiles is transferred from human beings to AI, and AI drives the evolution of automobiles." Concentration also defines the basic attributes of "automobile robot", that is, "free movement, natural communication and self-growth", which has also become the product concept of concentration automobile robot.
Why do you want to divide it like this? This is actually due to the nature that automobile robots are both cars and robots. When a car has the brain of AI, it is no longer just a simple means of transportation, but a "robot" with self-thinking and powerful ability. Therefore, automobile robots must first be able to "move freely" and rely on high-order intelligent driving to drive to where they need to go; Secondly, we should have enough high-level intelligent interaction ability, constantly understand the new needs of users, and complete effective communication and action execution; Finally, it can continue to grow through the learning of big data, understand users more and more, and improve its ability boundary.
From this point of view, "automobile robot" does not have to look like a human body, but whether it has the "three-self" ability. Even if it becomes human, it still can’t escape this underlying logic. Just like Tesla’s humanoid robot, it must be able to walk on its own, communicate smoothly, and learn and evolve continuously.

In addition to the standard demonstration of concentration, have car companies gone out of another new path? At present, not yet.

Whether Tesla said "cars are robots on wheels" or "artificial intelligence robots" that he wanted to build, or even independent brands directly label their products with "car robots", in fact, they are all different expressions of the same logic.

From hardware-led to software-defined, automobile is actually a transfer from automobile attributes to robot attributes. The advancement of intelligence must not be achieved overnight, and it needs a long-term accumulation process. Although everyone is called a "robot", their abilities may differ by a hundred thousand miles.

Compared with Tesla and other followers, Jidu, as the pioneer of new species of automobile robots, has integrated AI genes into the product concept of "three self".

Geely SEA’s vast architecture is fully redundant in terms of space, electricity, intelligence, autonomous driving, safety and performance. Therefore, the centralized automobile robot also has a considerable degree of freedom, which can integrate higher-order intelligent capabilities and further improve the "three-self" level of automobile robots.

Specific to the function, the centralized high-level intelligent driving is empowered by Baidu Apollo’s L4-level automatic driving technology, and one of the core functions, point-to-point navigation assistance PPA, can meet the "free movement" in most daily use scenarios. High-level intelligent interaction is supported by off-line voice, touch, visual recognition and other multi-touch interactions to realize "natural communication" in any scene. Among them, the global off-line voice interaction recognition speed is 500ms, the response speed is within 700ms, and it can be used smoothly even when the network is disconnected. In addition, based on the underlying technical support accumulated by Baidu AI in the past 10 years, Jidu automobile robot can continuously learn and "grow up" according to user behavior habits and driving data.

Although the birth of automobile robot is defined by software, it is equally excellent in mechanical quality. As Jidu automobile robot is another masterpiece of Geely SEA’s vast architecture, it is "of the same ancestry" with Volvo, Polar Star and Lotus in terms of mechanical performance and safety guarantee, and the quality of the whole vehicle is directed at international luxury brands.
In addition, Geely’s manufacturing technology has also reached the international first-class level. For example, Geely Hangzhou Bay Smart Factory integrates advanced manufacturing technologies such as 5G, AI and industrial big data, and the four production workshops are highly automated. As the first batch of "future factories" in Zhejiang Province, Geely Hangzhou Bay Smart Factory has become a "new model" for China’s intellectual creation.

It is conceivable that the product quality of Jidu automobile robot created by Geely’s excellent craftsmanship is worthy of recognition.

In the real version of Iron Man and Jarvis, Jidu automobile robot will take the lead in applying the China version of ChatGPT.

If Jarvis, the smart and reliable AI housekeeper in Iron Man, depicts the ultimate form of artificial intelligence in the future for us. Then, with the gradual maturity of AI empowerment and core technologies, automotive robots are turning Jarvis in the movie into the reality of the automotive industry.
ChatGPT-like application of Baidu Wenxin is a turning point. It can be said that with ChatGPT, AI’s empowerment for the automotive industry has evolved.

As an AI conversation model, ChatGPT has a natural connection with cars, which has the potential imagination to subvert the voice assistant in the intelligent cockpit.

On February 14th this year, Jidu announced that it would integrate the comprehensive capabilities of Baidu Wenxin to create the world’s first large-scale artificial intelligence interactive experience for smart car scenes, so as to support automotive robots to achieve further progress in natural communication. As the first "crab-eating" brand, Jidu’s move has also brought unprecedented changes to smart cars.
The reason why Jiji was able to announce that it was the first to realize the first launch of ChatGPT-like technology is also because the pure-blood automobile robot of Geely SEA has already possessed high-level intelligent capability. A smarter smart car can access more powerful AI capabilities, which is a condition that traditional cars do not have. Simply put, a tractor can’t match a Boeing engine.

As we all know, Jidu is the first car company to introduce Qualcomm 8295 into the cockpit, and it is also the first to localize the AI algorithm, which can ensure the efficient response speed of cockpit interaction even in the scene of poor network environment or even disconnection.

At present, the voice interaction of most car companies can not be separated from the dependence on the network, and there is still a distance from "natural communication".

At present, the pre-embedding of hardware by Jidu automobile robot in advance, coupled with the empowerment of Wen Xin in a word, means that the product concept of "natural communication" will be pushed to a new height.

In the face of new technology, both traditional car companies and new forces are struggling to seize the opportunity to seize the commanding heights of the industry. With the continuous empowerment of AI technology, the application of intelligent interaction not only enhances the brand image and experience, but also accelerates the digital transformation process of the automotive industry, laying the foundation for the advanced automotive robots.
With all parties in the industrial chain, including car companies and Internet giants, the pace from technology research and development to commercialization is unprecedented. Geely SEA’s vast architecture of integrated "automobile robots" is also being imitated by more and more industry partners and gradually "integrated".