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        <title>Billyv</title>
        <link>https://paragraph.com/@billyv</link>
        <description>BORN TO BE A KING</description>
        <lastBuildDate>Sun, 25 Oct 2026 22:28:56 GMT</lastBuildDate>
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        <language>en</language>
        <copyright>All rights reserved</copyright>
        <item>
            <title><![CDATA[Six banners]]></title>
            <link>https://paragraph.com/@billyv/six-banners</link>
            <guid>3KAkXvaXVLC4z6efwKtZ</guid>
            <pubDate>Fri, 12 May 2023 01:13:28 GMT</pubDate>
            <description><![CDATA[Summary: How can bathrooms be allowed to thrive and for longer? The tide in the bathrooms is often cumbersome for many owners, and the wet environment not only makes it unfriendly for us to use it, but also makes it easier for the bathrooms to be fed, thus reducing the life of the bathroom. How can bathrooms be allowed to thrive and for longer? 1 - The wall designs to deter infiltration Generally, 50 per cent of the wet gas in the ablution room comes from the ground, and is designed through a...]]></description>
            <content:encoded><![CDATA[<p>Summary: How can bathrooms be allowed to thrive and for longer?</p><p>The tide in the bathrooms is often cumbersome for many owners, and the wet environment not only makes it unfriendly for us to use it, but also makes it easier for the bathrooms to be fed, thus reducing the life of the bathroom. How can bathrooms be allowed to thrive and for longer?</p><p>1 - The wall designs to deter infiltration</p><p>Generally, 50 per cent of the wet gas in the ablution room comes from the ground, and is designed through ablution in the hands of the wall, it is possible to avoid the direct insulation of the bottom, using the maximum space law.</p><p>Use of anti-tidal waterproofing materials</p><p>The bathroom space in the general family is often difficult to achieve full wet separation because of the low number of the apron, so that, in the selection of bathrooms, the composite panels provide better waterproofing.</p><p>Ablution counter</p><p>3 Rubber cover providing a cushion</p><p>Frequently, in sections linking doors to containers, rubber gates with a collision-proofing function will be installed, which, in addition to reducing the sound of the gate, will also allow for the complete disinvigoration of water gas from the clock.</p><p>4: Five depositories capable of resistant to stain</p><p>With regard to the selection of chains and sliding tracks, it would be possible to fully coincide with the use of the bathrooms, and if stained corrosion would have an impact on the closed effects, the stain-resistant five pockets could be durable or the life of the bathroom could be extended.</p><p>Bauxite, which is placed at the bottom of the container</p><p>When used, water steams and wards encounter large amounts of condensed water and condensed water can be flown back to the bottom of the clock, when a boiling bauxite is added at the end of the clock to avoid the brake.</p><p>Intake of drainage</p><p>The river basins are often directly linked to ablution, while the rippling line in the streams will enter the sewage pipeline directly through the floor and will be able to completely prevent the intrusion of condensed water from the edge of the plate if it can be fitted out.</p>]]></content:encoded>
            <author>billyv@newsletter.paragraph.com (Billyv)</author>
        </item>
        <item>
            <title><![CDATA[Ai Jing's solo art exhibition held in Shenyang]]></title>
            <link>https://paragraph.com/@billyv/ai-jing-s-solo-art-exhibition-held-in-shenyang</link>
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            <pubDate>Sun, 15 May 2022 00:50:19 GMT</pubDate>
            <description><![CDATA[On October 27, Ai Jing (second from left) made a speech at the opening ceremony of Ai Jing’s personal art exhibition of China Industrial Museum, which is “my mother and my hometown”. On October 27, the personal art exhibition of “my mother and my hometown” - Ai Jing China Industrial Museum, sponsored by Shenyang Lu Xun Academy of fine arts, was held in Shenyang China Industrial Museum, and many citizens came to watch the exhibition. Ai Jing, an artist, was born in Shenyang, Liaoning Province ...]]></description>
            <content:encoded><![CDATA[<p>On October 27, Ai Jing (second from left) made a speech at the opening ceremony of Ai Jing’s personal art exhibition of China Industrial Museum, which is “my mother and my hometown”. On October 27, the personal art exhibition of “my mother and my hometown” - Ai Jing China Industrial Museum, sponsored by Shenyang Lu Xun Academy of fine arts, was held in Shenyang China Industrial Museum, and many citizens came to watch the exhibition. Ai Jing, an artist, was born in Shenyang, Liaoning Province in 1969 and has held many personal art exhibitions at home and abroad. The creation of works in this exhibition is inspired by Ai Jing’s own memory of his mother. The exhibition lasts until January 27, 2019. Photo by long Lei, reporter of Xinhua News Agency</p>]]></content:encoded>
            <author>billyv@newsletter.paragraph.com (Billyv)</author>
        </item>
        <item>
            <title><![CDATA[SAIC: it is exploring the ecology of vehicle power separation and power exchange and energy supplement, and will promote more tram types]]></title>
            <link>https://paragraph.com/@billyv/saic-it-is-exploring-the-ecology-of-vehicle-power-separation-and-power-exchange-and-energy-supplement-and-will-promote-more-tram-types</link>
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            <pubDate>Thu, 12 May 2022 21:30:40 GMT</pubDate>
            <description><![CDATA[PinWan, May 5 - according to surging news, SAIC Group said at the 2021 annual performance presentation on May 5 that at present, SAIC is accelerating the exploration of the innovative business model of vehicle power separation and the energy supplement ecology of power exchange. SAIC said that SAIC passenger cars officially launched the Roewe ei5 replacement tram for the taxi market in April 2021, which has the advantages of short energy replenishment time and improved taxi capacity. At prese...]]></description>
            <content:encoded><![CDATA[<p>PinWan, May 5 - according to surging news, SAIC Group said at the 2021 annual performance presentation on May 5 that at present, SAIC is accelerating the exploration of the innovative business model of vehicle power separation and the energy supplement ecology of power exchange. SAIC said that SAIC passenger cars officially launched the Roewe ei5 replacement tram for the taxi market in April 2021, which has the advantages of short energy replenishment time and improved taxi capacity. At present, it has realized batch delivery. SAIC’s models equipped with E2 batteries are protected by quick change in advance. It is expected that more large-scale tram replacement will be launched in the future. SAIC will launch the power exchange version according to the market situation and the construction of power exchange ecology. SAIC is open to the choice of power exchange ecological partners.</p>]]></content:encoded>
            <author>billyv@newsletter.paragraph.com (Billyv)</author>
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        <item>
            <title><![CDATA[What is the gold content of Zhengzhou financial island? A wave of "Rhapsody"]]></title>
            <link>https://paragraph.com/@billyv/what-is-the-gold-content-of-zhengzhou-financial-island-a-wave-of-rhapsody</link>
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            <pubDate>Tue, 10 May 2022 21:46:24 GMT</pubDate>
            <description><![CDATA[Elephant news reporter Wang Shu Zhengzhou financial island is “open”! As soon as the news came out, many citizens boarded the island to punch in. As a region with finance as the core, what is the “gold content” of Zhengzhou financial island under accelerated construction? Known as “Zhengzhou Lujiazui”, how far is it from the name? On February 11, the reporter conducted an interview on this. “Vertical Financial Street” may accommodate all financial practitioners in Zhengzhou The financial inne...]]></description>
            <content:encoded><![CDATA[<p>Elephant news reporter Wang Shu</p><p>Zhengzhou financial island is “open”! As soon as the news came out, many citizens boarded the island to punch in. As a region with finance as the core, what is the “gold content” of Zhengzhou financial island under accelerated construction? Known as “Zhengzhou Lujiazui”, how far is it from the name? On February 11, the reporter conducted an interview on this.</p><p>“Vertical Financial Street” may accommodate all financial practitioners in Zhengzhou</p><p>The financial inner ring island has been opened, but “opening” does not mean “officially starting operation”.</p><p>There are many high-rise buildings on the island, but in addition to some catering and convenience stores “ready to go”, the buildings and municipal parts are still under construction, and the settled enterprises are still in the listing stage. The reporter noted that at present, financial institutions such as Zheshang Bank, Everbright Bank, Everbright Securities and Zhongyuan securities are “listed”. Autonomous bus lines have been laid, which is quite scientific and technological.</p><p>What is the overall size of the financial island? According to the content previously released by Zhengdong New Area, Longhu financial center covers an area of about 1.5 square kilometers (including 0.48 square kilometers of water surface), and the inner ring is surrounded by a building complex with a height of 60 meters, mainly for financial office; The outer ring is surrounded by buildings with a height of 100 meters, mainly financial offices, hotels and apartments; The northern part of the area is planned to have 240 meter high double tower buildings, and both sides of the central axis near the inner lake are planned to be cultural land.</p><p>60 meters, 100 meters, 240 meters… It can be seen that the financial island is dominated by ultra-high financial buildings. As for the number of buildings and the commercial construction area, the official has not released exact information. According to the previous real estate information, there are more than 40 high-rise buildings in the inner and outer rings, with a total construction area of about 4.65 million square meters. Remove half of the underground area and the aboveground area is about 2 million square meters.</p><p>What is this concept? According to the bulletin of the fourth national economic census of Zhengzhou, as of 2018, there were about 249000 employees in Zhengzhou’s financial legal person units. In other words, almost all financial practitioners in Zhengzhou can be installed in the financial Island, which is really a “vertical Financial Street”.</p><p>The “ambition” of the financial Island coincides with the time</p><p>Longhu financial center, which aims to build a “world-class financial center”, was first built nine years ago and has attracted much attention. Now it is the right time.</p><p>The report of the 19th CPC National Congress proposed to deepen the reform of the financial system, enhance the ability of financial services to the real economy, and promote the healthy development of multi-level capital market. The people’s Bank of China, the State Administration of market supervision, the China Banking and Insurance Regulatory Commission and the China Securities Regulatory Commission have issued the “14th five year plan” for the development of financial standardization. It is proposed that by 2025, the standard system suitable for the construction of modern financial system will be basically completed, the standards will be deeply integrated with financial supervision, financial market and financial services, and the economic, social, quality and ecological benefits of financial standardization will be fully demonstrated, Standardization plays a more prominent role in supporting the high-quality development of the financial industry.</p><p>Finance is not only the blood of economy, but also an important starting point for local economic development, and Henan is no exception. On February 10, Lou Yangsheng, Secretary of the provincial Party committee, stressed when presiding over the Symposium of the presidents of the Bank of Henan. Build a credit Henan, create an excellent financial ecology, and provide a strong financial guarantee for the modernization of Henan.</p><p>For Zhengzhou, the capital of Henan Province, in 2021, “focusing on the modern financial industry focusing on the cultivation of capital market” was included in the government work report, and the service systems such as funds, bonds, enterprise listing and wealth management were constantly improved.</p><p>“Compared with the current resources and conditions of Zhengzhou financial Island, Zhengzhou, as the only national central city in the region of Henan and even the Central Plains Economic Zone with strong economic strength, has the foundation and conditions to build a high-grade financial center.” Song Xiangqing, vice president of the Government Management Research Institute of Beijing Normal University and director of the industrial economy research center, said.</p><p>Building a national central city, the financial island will be empowered in these aspects</p><p>Song Xiangqing told reporters that the formation of a financial center requires three preconditions: first, the global commodity production and commodity circulation are greatly prosperous, and a strong economic center is formed in the central city; Second, in the inherent field of production and circulation, monetary funds are full and idle, so it is necessary to seek new investment places; Third, the development of emerging industries or industries needs to supplement a large amount of monetary funds. In other words, the formation of financial centers, especially the formation of world-class financial centers, means that the city has strong economic strength, active financial markets and booming supply and demand of monetary funds.</p><p>“To build a world-class financial center, Zhengzhou needs a complete top-level infrastructure and financial environment. The jingsan road Financial Street in Zhengzhou is not enough to support the realization of the new goal. The financial island was born, just to fill the high-end gap of Zhengzhou’s financial facilities.” In Song Xiangqing’s view, Zhengzhou financial island can be regarded as a new carrier of Zhengzhou financial center, which can empower Zhengzhou National Central City in four aspects.</p><p>First, maximize the ability of Zhengzhou to integrate production factors and the radiation radius of Zhengzhou Economic Center, further enlarge the industrial thickness, market width and urban height of Zhengzhou National Central City, and enhance the massiness and centrality of Zhengzhou city.</p><p>Second, form a strong reservoir of social funds in Zhengzhou, maximize the accumulation of idle capital in Henan and even the Central Plains Economic Zone, and provide information sources and convenient channels for capital profit.</p><p>The third is to form a gate for the flow of social funds to the real economy in Zhengzhou, which can orderly provide development funds and venture capital supplement for the industrial development in Henan and even the Central Plains Economic Zone according to needs.</p><p>Fourth, maximize support for the development of innovative enterprises and low-carbon environmental protection enterprises with large investment in the early stage, especially specialized new small giant enterprises, so as to obtain solid financial support for industrial transformation and economic upgrading in Henan and even the Central Plains Economic Zone, and maximize the green and high-quality development of urban and rural areas.</p><p>Benchmarking Lujiazui? Stones from other mountains are worth learning from</p><p>In the title of Zhengzhou financial Island, the title of “Zhengzhou Lujiazui” is full of gas and expectation. Perhaps Lujiazui is to Pudong New Area just as the financial island is to Zhengdong New Area. So how far is Zhengzhou financial island from “Zhengzhou Lujiazui”?</p><p>After 30 years since its establishment in 1990, Lujiazui financial and trade zone has made the financial industry the primary industry in Pudong. It has also become the national financial center of China’s Yangtze River economic belt. It is reported that in 2020, the total regional economy of Lujiazui will exceed 500 billion yuan, of which the added value of the financial industry will reach 358.5 billion yuan, and the number of buildings with tax revenue of more than 100 million yuan will reach 110; twenty</p>]]></content:encoded>
            <author>billyv@newsletter.paragraph.com (Billyv)</author>
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            <title><![CDATA[Strong rainfall cooling! The latest weather forecast for Hainan during the May Day holiday is coming]]></title>
            <link>https://paragraph.com/@billyv/strong-rainfall-cooling-the-latest-weather-forecast-for-hainan-during-the-may-day-holiday-is-coming</link>
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            <pubDate>Sat, 07 May 2022 01:36:53 GMT</pubDate>
            <description><![CDATA[With the May Day holiday approaching, the meteorological department of Hainan Province issued a weather forecast. It is expected that cold air and tropical disturbance will disturb together during the small and long holiday. Hainan will meet the weather process of strong rainfall, cooling and sea gale, which will have a certain impact on holiday travel and outdoor activities. It is expected that the next week (April 30 ~ May 6) will be rainy in all parts of Hainan Province. From May 1 to 3, d...]]></description>
            <content:encoded><![CDATA[<p>With the May Day holiday approaching, the meteorological department of Hainan Province issued a weather forecast. It is expected that cold air and tropical disturbance will disturb together during the small and long holiday. Hainan will meet the weather process of strong rainfall, cooling and sea gale, which will have a certain impact on holiday travel and outdoor activities.</p><p>It is expected that the next week (April 30 ~ May 6) will be rainy in all parts of Hainan Province. From May 1 to 3, due to the joint influence of cold air and tropical disturbance, Hainan Island will have obvious rainfall and cooling process, accompanied by sea gale weather; In other periods, Hainan Island is dominated by intermittent rainfall. The specific forecast is as follows:</p><p>Land: on April 30, affected by the southeast air flow, the whole island was cloudy with small showers, including moderate to heavy rain in the southeast. The maximum temperature is 30 <s>34 ℃ in most parts of the island; The lowest temperature is 21</s> 24 ℃ in the central mountainous area and 24 ~ 27 ℃ in other areas.</p><p>From May 1 to 3, under the joint influence of cold air and tropical disturbance, there will be an obvious rainfall and cooling weather process on Hainan Island. From May 1 to 2, there will be moderate to heavy rain, local heavy rain to heavy rain in the whole island; On the 3rd, there was a light shower across the island. The maximum temperature in the South can be reduced to 23 <s>26 ℃ and in other areas to 20</s> 23 ℃; The lowest temperature is generally 18 ~ 21 ℃ in the whole island.</p><p>From May 4 to 6, affected by the easterly air flow, the whole island was cloudy and there were showers in most areas; The maximum temperature of the whole island can rise to 26 <s>29 ℃, and the minimum temperature is 20</s> 24 ℃.</p><p>During the “May Day” holiday (April 30 ~ May 4), Hainan Island has more rainfall, which has a certain impact on holiday travel and outdoor activities.</p><p>In terms of Ocean: the sea surface of Beibu Gulf and the sea surface around Hainan Island, with wind force of 5 and gust of 6 on April 30 and may 4-6; From May 1 to 3, the wind force is 5-6 and the gust is 7-8.</p><p>From April 30 to May 3, the sea surface near Xisha and the Zhongsha Islands has a wind force of 6-7 and a gust of 8-9; From May 4 to 6, the wind force is 5-6 and the gust is 7.</p><p>On April 30, the sea near the the Nansha Islands had a wind force of 6-7 and a gust of 8-9; From May 1 to 6, the wind force is 5-6 and the gust is 7.</p><p>The meteorological department of Hainan Province reminded that in the middle of the May Day holiday (May 1 ~ 3), Hainan Province will have a process of obvious cooling, rainfall and strong wind at sea. There will be rainstorm to heavy rainstorm on the land from May 1 to 2, which will have an adverse impact on holiday travel and outdoor activities. Relevant departments need to strengthen the safety management of traffic dredging, urban drainage, maritime operation ships and coastal and maritime tourism facilities. The rainfall during the May Day holiday will have an adverse impact on outdoor epidemic prevention and control. Please make work arrangements in advance during the rainfall period. At present, there are tropical clouds in the central and southern waters of the South China Sea and move to the west by north direction. It is expected to turn to the north by east direction around May 1 and tend to the Northeast waters of the South China Sea, which may develop into a tropical depression. Please pay close attention to the latest weather forecast of Hainan Meteorological Bureau. The mature early rice in the eastern and southern regions shall be harvested and dried in time in sunny weather. Ditches in low-lying vegetable gardens and orchards shall be dredged in advance to prevent waterlogging caused by ponding.</p>]]></content:encoded>
            <author>billyv@newsletter.paragraph.com (Billyv)</author>
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            <title><![CDATA[Zhao Xintong saved 2 match points in the third stage of the world championships, and Maguire missed the top 8 at 9-13]]></title>
            <link>https://paragraph.com/@billyv/zhao-xintong-saved-2-match-points-in-the-third-stage-of-the-world-championships-and-maguire-missed-the-top-8-at-9-13</link>
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            <pubDate>Thu, 05 May 2022 19:15:04 GMT</pubDate>
            <description><![CDATA[Zhao Xintong 9-13 Stephen Maguire At 17:00 p.m. Beijing time on April 23, the 2022 Snooker World Championships will start on the 8th race day. Zhao Xintong, the 7th seed of the competition and Chinese player, fell behind 5-11 in the first two stages. Although he won four games and saved two match points in the third stage with 2 shots of 60 +, he lost to Stephen Maguire 9-13 and missed the top 8. The Scots will face the previous winners of Ronnie O’Sullivan and Mark Allen in the quarter final...]]></description>
            <content:encoded><![CDATA[<p>Zhao Xintong 9-13 Stephen Maguire</p><p>At 17:00 p.m. Beijing time on April 23, the 2022 Snooker World Championships will start on the 8th race day. Zhao Xintong, the 7th seed of the competition and Chinese player, fell behind 5-11 in the first two stages. Although he won four games and saved two match points in the third stage with 2 shots of 60 +, he lost to Stephen Maguire 9-13 and missed the top 8. The Scots will face the previous winners of Ronnie O’Sullivan and Mark Allen in the quarter finals.</p><p>The 2022 Snooker World Championships will be held from April 16 to May 2 at the krusburg theatre in Sheffield, UK. This event is the last ranking match of WST in 2021 / 22 world snooker tour.</p><p>A total of 32 players were qualified for the competition, including 4 Chinese players. The competition is divided into five rounds, a total of 31 games. In terms of competition system, the first round is 19 sets and 10 wins, which is divided into two stages; The second round and the quarter finals are 25 sets and 13 wins, which are divided into three stages; The semi-final is 17 wins in 33 sets and the final is 18 wins in 35 sets, which are divided into four stages. The champion is awarded £ 500000 and the runner up £ 200000.</p><p>This is the second contest between Zhao Xintong and Maguire in their career. Previously, the two sides only met in the second round of the 2016 British championship, and Maguire won 6-2.</p><p>In the first stage of the game, the two sides jointly staged a scoring war. Although Zhao Xintong played one shot to break 100 and two shots to 70 +, but Maguire played two shots to break 100 and two shots to 60 +, in the end, Zhao Xintong lost three games in a row with a big score of 3-2, and ended the first stage with a big score of 3-5.</p><p>In the second stage, Zhao Xintong did not give full play to the smooth offensive characteristics at all. In the eight games, he only played one shot 70 + and won two games. After the big score reached 5-8, he lost three games in a row as at the last moment of the first stage, and ended the second stage with a big score of 5-11. Maguire is only two games away from victory.</p><p>After the third stage, Zhao Xintong took the lead in the 17th inning, but broke after 41 points in a single shot. Since then, the scores of both sides have increased alternately. Zhao Xintong seized the opportunity again when he took the lead 42-24, hit 40 points in a single shot and pulled back a set 82-24. In the 18th inning, Zhao Xintong took the lead again, blew out 85 points in a single shot, won another inning with 85 (85) - 0, and caught up with 7-11.</p><p>However, in the 19th inning, Maguire seized the opportunity to take the lead, scored 81 points in a single shot, won the key inning with 81 (81) - 0, and won the match point 12-7. In the 20th inning, Zhao Xintong, who was in a desperate battle, took the lead in taking the single shot 67 points, but failed to complete the super score, but only extended the score. However, Maguire failed to seize the opportunity and conceded after scoring 16 points in the second stroke and being fined 4 points for a foul. Zhao Xintong saved a match point with 71 (67) - 16, falling behind 8-12 to enter the halftime.</p><p>Back from the break, in the 21st inning, although Zhao Xintong only played 48 points in a single shot, he still started many times and saved another match point 70-7. In the 22nd inning, although Maguire made a wrong start and was fined 4 points, Zhao Xintong only scored 1 point and broke. Since then, Maguire seized the opportunity to start, but broke after 59 points in a single shot. At this time, there are six red balls left on the table. However, Zhao Xintong failed to score. Maguire started again, scored 19 points in a single shot and won with 78 (59) - 5. The second one was promoted to the top 8 with a big score of 13-9.</p>]]></content:encoded>
            <author>billyv@newsletter.paragraph.com (Billyv)</author>
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            <title><![CDATA[video game]]></title>
            <link>https://paragraph.com/@billyv/video-game</link>
            <guid>m6uJ2GzbTxR007aoENw0</guid>
            <pubDate>Mon, 02 May 2022 10:52:50 GMT</pubDate>
            <description><![CDATA[Introduction: ares is an action adventure game produced and released by Sony interactive entertainment in 2018. It is an orthodox sequel to Ares 3. The official name of this work is “God of war”, which has no numerical serial number and also represents the restart of the series. However, this work is the fourth orthodox work of the series. For the protagonist Kratos, this is also the beginning of an epic new chapter. He will get rid of the shadow of God and live in seclusion as an ordinary pe...]]></description>
            <content:encoded><![CDATA[<p>Introduction: ares is an action adventure game produced and released by Sony interactive entertainment in 2018. It is an orthodox sequel to Ares 3. The official name of this work is “God of war”, which has no numerical serial number and also represents the restart of the series. However, this work is the fourth orthodox work of the series. For the protagonist Kratos, this is also the beginning of an epic new chapter. He will get rid of the shadow of God and live in seclusion as an ordinary person in the new continent of Nordic mythology. For his son and new goals, Kratos must fight for survival and against the powerful forces threatening his new life</p>]]></content:encoded>
            <author>billyv@newsletter.paragraph.com (Billyv)</author>
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            <title><![CDATA[Gamma data: game industry data from January to March 2022]]></title>
            <link>https://paragraph.com/@billyv/gamma-data-game-industry-data-from-january-to-march-2022</link>
            <guid>5j8qd4GrTAi9Y2jDBTYx</guid>
            <pubDate>Fri, 29 Apr 2022 20:12:57 GMT</pubDate>
            <description><![CDATA[As a strategic partner of China Game Industry Research Institute, which is in charge of China audio visual and Digital Publishing Association, Gamma data released the game industry report from January to March 2022. Data display, In 2022q1, the actual sales revenue of China’s game market was 79.474 billion yuan, an increase of 10.08% month on month and 3.17% year-on-year, lower than the year-on-year growth rate in the same period of 2021. In 2022q1, the actual sales revenue of China’s mobile ...]]></description>
            <content:encoded><![CDATA[<p>As a strategic partner of China Game Industry Research Institute, which is in charge of China audio visual and Digital Publishing Association, Gamma data released the game industry report from January to March 2022.</p><p>Data display,</p><p>In 2022q1, the actual sales revenue of China’s game market was 79.474 billion yuan, an increase of 10.08% month on month and 3.17% year-on-year, lower than the year-on-year growth rate in the same period of 2021.</p><p>In 2022q1, the actual sales revenue of China’s mobile game market was 60.432 billion yuan, an increase of 9.28% month on month and 2.72% year-on-year, lower than the year-on-year growth rate in the same period in 2021.</p><p>The actual sales revenue of China’s independently developed games in overseas markets was US $4.554 billion, down 0.54% month on month.</p><p>Among the top 50 mobile games of flowing water, the flowing water of the fishing game “fishing battle” has increased significantly.</p><p>The number of discontinued products decreased month on month, of which nearly half are products that have been in operation for 5 years or more.</p><p>Four super casual games entered the list, and the proportion of downloads decreased, but the absolute value increased</p><p>Gamma data “game industry report” from 1 to March 2022 (official account: Game Industry Report) shows that in 2022 1 to March, the actual sales revenue of China’s gaming market was 79 billion 474 million yuan, a growth of 10.08%, an increase of 3.17% over the same period last year, lower than the same period last year.</p><p>Data source: China Game Industry Research Institute &amp; Gamma data (CNG)</p><p>Data source: China Game Industry Research Institute &amp; Gamma data (CNG)</p><p>From January to march in 2022, the actual sales revenue of China’s client game market reached 15.493 billion yuan, with a month on month and year-on-year growth. Among them, the month on month growth is mainly affected by the promotion of spring festival activities and the promotion of payment; The year-on-year growth was due to the long-term operation of head products such as dream journey to the West and crossing the line of fire.</p><p>Data source: China Game Industry Research Institute &amp; Gamma data (CNG)</p><p>Data source: China Game Industry Research Institute &amp; Gamma data (CNG)</p><p>From January to March 2022, the actual sales revenue of China’s web game market was 1.361 billion yuan, down 2.63% month on month. Compared with the previous quarter, the opening volume of web games decreased, but the decline was small, and the web game market gradually stabilized.</p><p>Data source: China Game Industry Research Institute &amp; Gamma data (CNG)</p><p>From January to March 2022, the actual sales revenue of China’s mobile game market was 60.432 billion yuan, an increase of 9.28% month on month and 2.72% year-on-year, lower than the year-on-year growth rate in the same period of 2021. The main reasons for the growth are: on the one hand, long-term products such as “original God” and “dream journey to the west” bring water increment; On the other hand, Xinyou’s “civilization and conquest” and other products bring increment. However, the increment of Xinyou is less than that of the same period last year, and the year-on-year growth rate is lower than that of the same period last year.</p><p>Data source: China Game Industry Research Institute &amp; Gamma data (CNG)</p><p>Data source: China Game Industry Research Institute &amp; Gamma data (CNG)</p><p>From January to March 2022, the actual sales revenue of China’s independently developed games in overseas markets was US $4.554 billion, down 0.54% month on month, basically the same as that of the previous quarter. The main reason is that the new products do not bring large increment.</p><p>Data source: China Game Industry Research Institute &amp; Gamma data (CNG)</p><p>From January to March, the original God has been updated and launched new activities every month, driving revenue growth. In version 2.4, the character plot PV of the character yunpansy has been played more than 5 million times on youtube, which has played a role in the dissemination of traditional culture.</p><p>The “eternal night Star God” also has a monthly update in 1 to March, and is in TOP10 in the iOS bestseller list of China’s Taiwan province.</p><p>The ranking of King’s choice in the US IOS best seller list from January to March showed an upward trend.</p><p>“Miracle Mu: authentic sequel” not only invited the power train to make the theme song for it, but also launched the “twin spokesperson” to promote the game.</p><p>“Taoist temple” launched the spring festival activity at the end of January. The Spring Festival limited the appearance of suits, recharge rewards and other benefits to improve the player experience and drive revenue growth.</p><p>Note: the market monitoring of Gamma data is in key areas such as the US, Japan, Korea, Hongkong, China and Taiwan China.</p><p>Data source: Gamma data (CNG)</p><p>From January to March 2022, in the top 10 of the flow calculation list of Gamma data mobile games, game types showed diversified distribution, including 7 types. Tencent products accounted for 50%, shooting and MoBa accounted for two respectively, and the other was self-propelled chess. Only one new tour - 4399 company’s strategic product “civilization and conquest” entered the list.</p><p>Note: the top 10 mobile games are among the top 10 products in the flow calculation list of Gamma data mobile games. Gamma data mobile game flow calculation list is the product flow ranking within the statistical cycle calculated by Gamma data (CNG) through research, consulting financial reports, monitoring list, building models and other methods. The product flow is the total flow before IOS, Android and prison break, excluding the flow of overseas markets. The data is for reference only, the same below.</p><p>Data source: Gamma data (CNG)</p><p>From January to march of 2022, MMORPG / ARPG had the highest share of streaming in the top 50 mobile games, but the share of streaming decreased the most compared with the same period last year, mainly because the number of high streaming products was lower than that in the same period last year. The share of cards increased compared with the same period last year, mainly due to the flow performance of products such as Harry Potter: Magic awakening and Douluo continent: duel between soul masters; The increase of water share of fishing game is mainly due to the water performance of tuyou game “fishing battle”; In addition, the share of MoBa, strategy (including SLG) and chess and cards increased.</p><p>Data source: Gamma data (c)</p>]]></content:encoded>
            <author>billyv@newsletter.paragraph.com (Billyv)</author>
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            <title><![CDATA[Zero threshold money to buy a certificate? Family education refers to tutor training. Why does it grow "ferociously"]]></title>
            <link>https://paragraph.com/@billyv/zero-threshold-money-to-buy-a-certificate-family-education-refers-to-tutor-training-why-does-it-grow-ferociously</link>
            <guid>FxsdVdqWwTS6qxzkU57K</guid>
            <pubDate>Sat, 23 Apr 2022 09:23:31 GMT</pubDate>
            <description><![CDATA[Visual china map Family education instructor 1 Family education instructor 2 Ms. Cao in Beijing suddenly found that sister Zhu, who does cleaning work at her home, is a “treasure”: she is not only an on-the-job cleaner in a small private company. She clocks in to the company from nine to five every day, but also regularly cleans three families three nights a week. Moreover, since last month, she has another weekend job - “taking orders” as a family education instructor. “Sister Zhu has worked...]]></description>
            <content:encoded><![CDATA[<p>Visual china map</p><p>Family education instructor 1</p><p>Family education instructor 2</p><p>Ms. Cao in Beijing suddenly found that sister Zhu, who does cleaning work at her home, is a “treasure”: she is not only an on-the-job cleaner in a small private company. She clocks in to the company from nine to five every day, but also regularly cleans three families three nights a week. Moreover, since last month, she has another weekend job - “taking orders” as a family education instructor.</p><p>“Sister Zhu has worked in my house for several years. In my impression, she has only a junior high school degree. Sister Zhu told me that she won the certificate after listening to several classes and taking the exam twice on the Internet.” “I’m really shocked,” Ms. Cao said</p><p>Ms. Cao was shocked not only by sister Zhu’s junior high school education, but by the combination of several elements such as “junior high school education”, “several online classes” and “business with certificate”.</p><p>In recent days, the word “family education refers to tutor” has a high exposure. On the one hand, many public figures have pushed against the official account of the “golden rice bowl” with “promising occupation prospects”, “thousands of yuan in salary and hundreds of thousands of salaries per year” in the next five years. On the other hand, many media have exposed the “fishy” behind the training and research of tutors in family education.</p><p>So, what kind of existence is the tutor certificate of family education? Is there a threshold for entry? Is there any deep-seated reason behind the research fever? The reporter of China Youth Daily · China Youth Network interviewed a number of researchers and experts to analyze this phenomenon.</p><p>Registration ≈ zero threshold</p><p>In recent years, the whole society has paid more attention to family education. Especially since this year, the family education promotion law has been officially implemented. Family education has also risen from family affairs to state affairs. Many parents urgently need family education guidance. Therefore, the training and textual research of family education instructors have sprung up one after another. So, who has the ability to “guide”? Is there a minimum requirement for “mentoring”?</p><p>With the same doubts as Ms. Cao, the reporter of China Youth Daily zhongqing.com searched a number of research and registration institutions of family education instructors on the Internet.</p><p>The reporter of Zhongqing daily · zhongqing.com found that many family education refers to that tutor training institutions have set a threshold for examiners to enter the door, and many institutions clearly write in the text introduction: college degree or above can apply for the examination.</p><p>What happens if the candidate’s educational background does not meet the standard?</p><p>The reporter of Zhongqing daily · zhongqing.com randomly opened the web page of an institution, chose “junior high school education” and left a contact number. Soon, the phone of the staff called.</p><p>“The official requirement is that college degree or above can apply for the examination. If the degree is not enough, we can help make up the student status.” The staff gave such a reply.</p><p>So, what is supplementary enrollment?</p><p>The staff replied: “it is to make up the student status through the internal channels of the organization, which can be directly made up into a bachelor’s degree, and then directly test the senior family education instructor.”</p><p>In order to prove that people with low academic qualifications can also successfully sign up, the staff sent reporters screenshots of two registration forms. The reporter found that the “educational background” column of the two applicants is: junior high school. In the “major” column, one is “custom sofa cover”, while the column “with or without professional experience” is: “if husband and wife are angry, I often persuade them to make peace”.</p><p>After comparing several institutions, the reporter of Zhongqing daily · zhongqing.com found that the vast majority of institutions that provide family education refer to the registration of tutors for the examination have basically no requirements for the qualifications of candidates. Even if there are requirements, they only exist literally - family education refers to the registration of tutors, which is almost “zero threshold”.</p><p>“Family education refers to the proposal of tutors, which is actually a compromise,” said Chu Zhaohui, a researcher at the Chinese Academy of Educational Sciences. The state pays more and more attention to family education. Especially after the promulgation of the family education promotion law, “taking children according to law” has become a necessity, but few colleges and universities in China have majors to train family education talents. When there is a gap between demand and supply, the compromise of cultivating family education refers to tutors appears.</p><p>No matter whether it is an expedient measure or not, only from the logical inference, the person who can be called “referring to the mentor” should have higher professional knowledge, professional skills, professional training and professional quality than the instructed. However, it is found from the simple “personal experience” of the reporter of China Youth Daily · zhongqing.com that not all candidates have this “professional” characteristic.</p><p>“Real question” before the exam ≈ “real” question?</p><p>In fact, the problem of “low starting point” is easy to solve, as long as you are willing to learn. Those who sign up for the tutor exam should be “willing to learn”. However, when the applicants sign up with good wishes, they don’t get real growth.</p><p>LU Hong (a pseudonym) from Henan Province used to do “one-to-one” counseling in a training institution. With the governance of Discipline Training by the “double reduction” policy, LU Hong is facing a career change. After analyzing her strengths and weaknesses, she turned her attention to the tutor of family education.</p><p>“After working for several years, I really met strange children. I found that children with high parental cooperation are usually ‘easy to take’. I also have practical experience and want to have a try.” Said LV Hong.</p><p>So LV Hong reported her name.</p><p>However, after paying the money, LV Hong found that the training was not as rich as expected: before the start, the training institution would provide four-day online recording and broadcasting courses. When the exam was coming, the institution would send a document with questions on it. “Although the staff will not say that these are the original questions, they will say that as long as they carefully review these questions, 90% of people will pass the exam.” Said LV Hong.</p><p>The reporter of China Youth Daily · China Youth Network contacted many people who took the exam and mentioned a similar set of questions.</p><p>It seems to have become the “prescribed action” of the examination institution to issue “question papers” or “simulated real questions” before the examination. A number of interviewees told the reporter of Zhongqing daily · zhongqing.com that these “real questions” almost included all the questions of the exam.</p><p>“As long as you carefully watch it several times, you can almost pass the exam. As for the training, whether you have seen it or not, how much you have seen, and whether you have mastered the knowledge, no one cares. After I found these ‘greasy’, I thought it was completely a fraud. When I remembered that the staff mentioned ‘full refund’ when signing the contract, so I didn’t want to learn it.” LV Hong said, however, the attitude of the staff was very angry when they really wanted a refund</p>]]></content:encoded>
            <author>billyv@newsletter.paragraph.com (Billyv)</author>
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            <title><![CDATA[Steam mall Lunar New Year game special sale, a variety of masterpiece history, low price promotion]]></title>
            <link>https://paragraph.com/@billyv/steam-mall-lunar-new-year-game-special-sale-a-variety-of-masterpiece-history-low-price-promotion</link>
            <guid>FJe502H4bIHPfs7bGAtl</guid>
            <pubDate>Fri, 15 Apr 2022 08:18:43 GMT</pubDate>
            <description><![CDATA[Steam game platform opened the Chinese Lunar New Year game sale today (January 28), which lasted until February 4. In addition to a large number of low-cost games, this special sale also provides players with stickers for the year of the tiger game, which can be received free of charge. Don’t miss it. During the lunar new year sale in 2022, many games reached the lowest price in history, such as: Biochemical crisis 8: Village - $198 blissful disco: final edition - $46.4 halo: collection of of...]]></description>
            <content:encoded><![CDATA[<p>Steam game platform opened the Chinese Lunar New Year game sale today (January 28), which lasted until February 4. In addition to a large number of low-cost games, this special sale also provides players with stickers for the year of the tiger game, which can be received free of charge. Don’t miss it.</p><p>During the lunar new year sale in 2022, many games reached the lowest price in history, such as:</p><p>Biochemical crisis 8: Village - $198 blissful disco: final edition - $46.4 halo: collection of officials - $46.4 rulongji 2 - $74 death Island final edition - $11.6 burst 2 - $29.5 imperial era 2: final edition - $39.6 imperial era 3: final edition - $39.6 top flying car: heat tracing - $39.5 “Goddess’s strange smell record 5 chaos War: phantom attacker” - 229.5 yuan</p><p>Sina statement: Sina’s posting of this article for the purpose of transmitting more information does not mean that it agrees with its views or confirms its description.</p>]]></content:encoded>
            <author>billyv@newsletter.paragraph.com (Billyv)</author>
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            <title><![CDATA[Please bear it for another day! Chongqing will clear up and warm up tomorrow and the day after tomorrow. Many places will welcome the sun]]></title>
            <link>https://paragraph.com/@billyv/please-bear-it-for-another-day-chongqing-will-clear-up-and-warm-up-tomorrow-and-the-day-after-tomorrow-many-places-will-welcome-the-sun</link>
            <guid>iV74QXUtTRsotQtA14Y7</guid>
            <pubDate>Tue, 12 Apr 2022 07:02:50 GMT</pubDate>
            <description><![CDATA[From day to night on the 22nd: cloudy to cloudy in the north-east, intermittent light rain to cloudy in other areas, sleet or light snow in areas above 800 meters above sea level, and the temperature is - 3 13 ℃; Intermittent light rain turns cloudy in the central urban area, and the temperature is 5 9 ℃. From day to night on the 23rd: it is cloudy everywhere. There is fog in Pingba River Valley in the morning, and the temperature is - 3 14 ℃; The central urban area is cloudy and the temperat...]]></description>
            <content:encoded><![CDATA[<p>From day to night on the 22nd: cloudy to cloudy in the north-east, intermittent light rain to cloudy in other areas, sleet or light snow in areas above 800 meters above sea level, and the temperature is - 3 <s>13 ℃; Intermittent light rain turns cloudy in the central urban area, and the temperature is 5</s> 9 ℃.</p><p>From day to night on the 23rd: it is cloudy everywhere. There is fog in Pingba River Valley in the morning, and the temperature is - 3 <s>14 ℃; The central urban area is cloudy and the temperature is 4</s> 13 ℃.</p><p>From day to night on the 24th: it’s cloudy everywhere. There’s fog in Pingba River Valley in the morning, and the temperature is - 2 <s>15 ℃; The central urban area is cloudy and the temperature is 5</s> 14 ℃.</p>]]></content:encoded>
            <author>billyv@newsletter.paragraph.com (Billyv)</author>
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            <title><![CDATA[Gates' ex-wife first talked about the reason for divorce: I can't believe the problems we have]]></title>
            <link>https://paragraph.com/@billyv/gates-ex-wife-first-talked-about-the-reason-for-divorce-i-can-t-believe-the-problems-we-have</link>
            <guid>yrnKif3c7PSRAFve9LIR</guid>
            <pubDate>Sat, 09 Apr 2022 02:42:32 GMT</pubDate>
            <description><![CDATA[Melinda said in an interview with foreign media that their breakup was not the result of “impulse”. In the interview, Melinda was asked about Bill Gates’ affair with an employee 20 years ago, which was confirmed by a spokesman for Microsoft’s co-founder last May. “I certainly believe in the power of forgiveness, so I think we have solved some problems,” said Melinda, 57 Then she added: “it’s not a moment or a specific event. It’s just that at a point in time, there are enough things to make m...]]></description>
            <content:encoded><![CDATA[<p>Melinda said in an interview with foreign media that their breakup was not the result of “impulse”.</p><p>In the interview, Melinda was asked about Bill Gates’ affair with an employee 20 years ago, which was confirmed by a spokesman for Microsoft’s co-founder last May.</p><p>“I certainly believe in the power of forgiveness, so I think we have solved some problems,” said Melinda, 57 Then she added: “it’s not a moment or a specific event. It’s just that at a point in time, there are enough things to make me realize that it’s unhealthy. I can’t believe the problems we encountered at that time.”</p><p>After 27 years of marriage, bill and Melinda broke up last May. In a joint statement at that time, the two sides said: “we no longer believe that we can continue to grow together as a couple in the next stage of their lives.” Melinda said in her divorce application that there was an “irreparable breakdown” in their marriage description, and then the two officially announced their divorce in August.</p><p>Looking back on the emotions she felt throughout the difficult process, Melinda said she “shed a lot of tears in many days”. At other times, she felt very angry. “That’s part of the sadness process. You’re sad about losing something you thought you had, something you thought you’d have all your life,” she said</p><p>Melinda said she now felt “beginning to enter another world” in her “healing journey”. “I feel like I’m turning a new page. I mean, it’s 2022 and I’m very satisfied with the future and my life now,” she said</p><p>Bill Gates, 66, reviewed his divorce process last December, saying 2021 was “the most unusual and difficult year of my life”.</p><p>Referring to their decision to continue working at the bill and Melinda Gates Foundation, Bill wrote in an annual review blog post that after their separation, the two “have found a good new work rhythm”. He added: “but we can’t deny that this year has been a very sad year for me personally.”</p>]]></content:encoded>
            <author>billyv@newsletter.paragraph.com (Billyv)</author>
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            <title><![CDATA[Cedar 20 billion financial storm and thunder puzzle: Qi Xiang Tengda and cedar development]]></title>
            <link>https://paragraph.com/@billyv/cedar-20-billion-financial-storm-and-thunder-puzzle-qi-xiang-tengda-and-cedar-development</link>
            <guid>85LuDbCfHfHneoWFhlnq</guid>
            <pubDate>Thu, 10 Mar 2022 05:07:35 GMT</pubDate>
            <description><![CDATA[Cedar’s 20 billion wealth management storm and thunder puzzle. Qi Xiang Tengda and cedar development clarify this After cedar International Trust denied that the 20 billion project was overdue, its two listed companies also hurried to get rid of their relationship. On the evening of February 23, Qi Xiang Tengda (002408. SZ) and cedar development (002485. SZ) successively replied to the letter of concern of the Shenzhen Stock Exchange, denying the “idling” of the supply chain business, saying ...]]></description>
            <content:encoded><![CDATA[<p>Cedar’s 20 billion wealth management storm and thunder puzzle. Qi Xiang Tengda and cedar development clarify this</p><p>After cedar International Trust denied that the 20 billion project was overdue, its two listed companies also hurried to get rid of their relationship.</p><p>On the evening of February 23, Qi Xiang Tengda (002408. SZ) and cedar development (002485. SZ) successively replied to the letter of concern of the Shenzhen Stock Exchange, denying the “idling” of the supply chain business, saying that they did not participate in the supply chain business related to accounts receivable as the underlying asset of the trust products of cedar Holdings Group Co., Ltd. (hereinafter referred to as cedar Holdings).</p><p>Previously, some media reported that the payment of some trust products of cedar holdings was overdue, involving an amount of about 20 billion yuan, and the supply chain business related to its underlying assets was suspected of “idling” trade.</p><p>In February 17th, cedar International Trust responded by official account that the current organizational structure is stable, and its operation is normal and orderly. There is no overdue project with 20 billion misrepresentation.</p><p>Source: official account of cedar International Trust</p><p>However, in the reply of the two listed companies to the Shenzhen Stock Exchange, it was revealed that Qi Xiang Tengda had a large number of transactions that did not leave the warehouse but changed the ownership. At present, the inventory market value of cedar development is only 8.79 million yuan.</p><p>Qi Xiang Tengda responded: there are transactions that do not issue goods but change ownership</p><p>Qixiang Tengda’s supply chain business has been established for many years and accounts for half of its revenue.</p><p>In February 2017, Qixiang Tengda set up a wholly-owned subsidiary Zibo Qixiang Tengda supply chain Co., Ltd. (hereinafter referred to as Tengda supply chain) and engaged in supply chain management business. In the first half of 2021, the company’s supply chain management business realized a revenue of 10.354 billion yuan, accounting for 58.33% of the company’s operating revenue.</p><p>In this regard, the Shenzhen Stock Exchange asked Qi Xiang Tengda to explain the goods and services mainly sold by Tengda since the establishment of its supply chain, sales revenue, whether relevant transactions have commercial essence, etc.</p><p>Qixiang Tengda’s supply chain business mainly sells industrial products, including ethylene glycol, purified terephthalic acid, industrial methanol, styrene, etc.</p><p>Qixiang Tengda’s domestic supply chain business is divided into matching mode and centralized purchase and distribution mode; Foreign supply chain business has only matching mode. The matching mode is to integrate the upstream and downstream supply chain, arrange logistics and earn the price difference; Centralized purchase distribution mode refers to providing distribution business for upstream suppliers.</p><p>It is worth noting that Qi Xiang Tengda’s domestic supply chain is actually transferred to logistics, and it is possible not to leave the warehouse. In the reply, the company said that if the customer who has a transaction with the domestic supply chain company is a trader, the goods are mainly traded in the form of transfer in the warehouse during the whole transaction process. Although the goods have not been delivered out of the warehouse, the ownership of the goods has been transferred.</p><p>As for the scale of Qixiang Tengda’s supply chain business, the company said in its reply that in 2020, the revenue of domestic supply chain business was 10.001 billion yuan and that of foreign supply chain business was 5.829 billion yuan.</p><p>In 2020, Qixiang Tengda’s domestic supply chain business is mainly traded through intra warehouse transfer. Among them, the transaction amount transferred in the warehouse at one end is 19 million yuan; The rest are businesses transferred from both ends of the transaction to the warehouse. In other words, about 99% of the sales of the company’s domestic supply chain business in 2020 are traded in the form of intra library transfer.</p><p>In terms of foreign supply chain business, Qi Xiang Tengda mainly transports goods through third-party logistics, tracks the flow of goods according to the contract, and completes the delivery of physical goods with suppliers and customers.</p><p>It is worth mentioning that for the 30 companies reported by the media involving cedar holding trust products, the Shenzhen stock exchange requires Qi Xiang Tengda to verify whether they are suppliers or customers of Tengda’s supply chain.</p><p>Qixiang Tengda replied that the wholly-owned subsidiaries Zibo Qixiang Tengda supply chain Co., Ltd. and Guangzhou Qixiang Tengda supply chain Co., Ltd. had transactions with Shanghai Rongyi metal materials Co., Ltd. (hereinafter referred to as “Shanghai Rongyi”), and the funds involved in the transaction had been settled in accordance with the contract.</p><p>Shanghai Rongyi is the supplier of Qixiang Tengda. When the company deals with Shanghai Rongyi and downstream customers, all goods are mainly traded in the form of transfer in the warehouse. Although the goods have not been delivered out of the warehouse, the ownership of the goods has been transferred.</p><p>Qi xiangtengda believes that this kind of trading method is a common trading method of bulk trade, and the transaction has commercial nature and authenticity.</p><p>In terms of performance, Qi Xiang Tengda expects to achieve a net profit attributable to shareholders of listed companies of RMB 2.391 billion to RMB 2.556 billion in 2021, with a year-on-year maximum increase of 162%.</p><p>At present, the inventory market value of cedar development’s supply chain business is about 8.79 million yuan</p><p>Cedar’s supply chain business has expanded rapidly. In the first half of 2020, the company’s supply chain business revenue was 207 million yuan. By the first half of 2021, this business revenue increased to 785 million yuan, accounting for 81.82% of the company’s total revenue in the current period.</p><p>The supply chain management business of cedar development is mainly to provide customers with the purchase and sales services of steel, coal coke, oil products and other products. Among them, steel adopts the form of centralized mining and distribution, and coking coal and oil adopt the form of sales and fixed mining.</p><p>Shenzhen stock exchange requires cedar development to verify whether the relevant business, inventory and logistics are true and whether the relevant transactions have commercial essence. The company also disclosed the information of the main storage warehouses of bulk commodities involved in the supply chain in its reply.</p><p>Figure: cedar development supply chain involves the information of main storage warehouses for bulk commodities.</p><p>It is worth noting that at present, the market value of coke and rebar inventory disclosed by cedar development is about 8.7946 million yuan, but it has supported the supply chain business income of 785 million yuan in the first half of 2021.</p><p>According to icoice data, as of February 23, the market price of thread steel in Shenyang was 4900 yuan / ton. Based on this calculation, the market value of the company’s thread steel inventory was about 6.9139 million yuan. According to the data of coal network, as of February 21, the coke price was 3050 yuan / ton. Based on this calculation, the market value of coke inventory in the two warehouses of the company was about 1.8807 million yuan. The total inventory of the above warehouses is about 8.7946 million yuan.</p><p>Although cedar development pointed out that the company purchases from upstream suppliers according to the procurement needs of downstream customers, and the upstream suppliers or through third-party logistics companies deliver the goods to the designated downstream location within the agreed time.</p><p>In addition, cedar development denied that the 30 companies reported by the media were suppliers or customers of the company’s supply chain business,</p>]]></content:encoded>
            <author>billyv@newsletter.paragraph.com (Billyv)</author>
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