Launch of DevKit 23.0 pound bag for the development of throws

The first joint launch of the DMFAS-based integrated solution

Based on the overall soft and hard capacity, China is a joint partner that integrates basic hardware and industry applications, undertakes in-depth optimization, targets industry-specific areas, introduces integrated solutions for “opening box use”, “performance excellence”, “safely secure”, and the first programme that has been released to cover areas such as data management, privacy calculation, super-integration, simplifying IT management and transport maintenance and accelerating the digitization of industries.

Seven partners and users launched a database release based on openGauss 5.0

Launched in March of this year by the Open Gaus 5.0, the upgrading of the resource pooled nuclear capability and the dataKit data life-cycle management tool has resulted in significant improvements in performance, safety and accessibility. A total of seven database partners, business users, at this conference, issued commercial and self-use versions based on open Gaus 5.0, in which the open Gauss embedded commercial distribution was first published. As a result, the open Gaus coverage range was expanded from servers, peripherals to embeds, with a richer picture.

Launch ceremony based on open Gauss 5.0

Community 3.0 Formal upper line to accelerate the construction of a platform for ecological pooling and sharing

From the top 2019 line, the community of the Gulf of Guinea, after two years of continuous optimization, has a formal upper line of community 3.0. This entirely new upgrading of the Centre of Developing Sapporos has resulted in a richer and clearer path of learning for courses, as well as an increase in the number of eco-partner centres, centres of high school breeders, and support for easier access to ecology such as business, scientific institutions and high schools.

Synergetic genoculation with developing entrants

Focusing on root technology, hanging back basic hardware capabilities, increasing efficiency and accelerating the upgrading of industrial intelligence. Cost-oriented, model-based, applied development landscapes are fully upgraded to support efficient development by developers.

Formal publication of the programming language of 昇en Ascend C

For the development scene, formalizes the language of programming in 昇leng Ascend C, with original support for C/C.8/ programming norms, matches user development habits; structured nuclear function programming, with a high-performance bank interface, allows for the achievement of the nucleus core logic, automatic flowing parallel movement control to achieve optimal performance; and, for the Gernel source migration tool of GPU, reduces the time of movement from “weeks” to “days”.

昇tenAscend C programming language distribution

Synergy of soft hardware

The model development landscape, which provides a series of tools and sets of packages to support the efficient original development of models; Compatibility of third-party AI framework ecology to support industry-mainstreaming community model packages, which can quickly be developed for model origin and relocation. It is geared towards a large model, with 昇 taking advantage of a combination of hardware and hardware, from training development to the rational deployment of the entire process to speed up large-scale modelling innovations. The hardware level provides a highly performing cluster capacity, leading industry in terms of energy density, team network capacity, storage optimization and energy efficiency; the arsenic basic software provides multi-dimensional mixing, automatic modelling and fine-tuning, cut-off training, etc., and allows for more efficient model training. More than half of the original Chinese model is based on the incubation and adaptation of more than 30 mainstream models, based on the incubation of entrantAI.

Smart recommendation SDK mxRec

To apply development scenarios, build upon mature experience and best practice in the sediment industry, Know-how and AI technology, to make application development simpler. Video analysis has been published, SDK mxVison, Smart Examination SDK mx Manufacture, Retrival of SDK mxIndex performance, efficiency, accuracy, etc. This intelligent recommendation to SDKmx Rec is entirely new and can support more than 10TB profiling training and develop the “0 code” model volume migration.

Launching of a completely new enthutt AI development kit

The DMAI development kit, Atlas 200I DK A2, is completely new, with calculation, full interface, instant box and sample enrichment of four features. The package supports the 8TOPS AI count, supports a 20-way high video corpability capability, and provides a variety of standard interfaces, such as gigabytes, USB 3.0, to support the development developers to extend their presence in a flexible manner, while providing a key video burner and a detailed development guide video, pedagogical file, developers can be 30-minute-to-desk and 2-hour-to-use deployment. At present, the entrant community has provided smart caravans, machinery, voice interaction, etc. to the end DEMO reference design and 100 application reference codes.

Remark: There are three important features of the compliance competition

The Beijing “双” work programme suggests that the current competition in the education sector includes two types of competition, one for inclusion in the Ministry of Education’s List of National Competitive Activities for Primary and Secondary Schools in the 2022-2025 school year, and the other for the sports, arts and science and technology competitions for primary and secondary school students organized or participated in the Beijing Metropolitan Council and its immediate subdivisions (Formology, etc.).

The Beijing “two-way” work programme reminds students and parents of three features of the education sector’s compliance competition.

The first is to insist on “zero fees”. The host Party does not charge any fees to the participants.

The second is the non-profit organization. Non-profit subjects are legal organizations registered in the formation or civil service. It can also be understood that competitions hosted by companies (i.e. profit owners registered in the market regulatory sector) must not be the education sector compliance competition.

The third is the continuity of the race. Each scholastic year only holds a competition, which is not an education sector compliance competition if it is repeated over a year. In addition, the list of compliance competitions is published, published annually.

The Beijing two-way reduction programme reaffirms that the results of any competition and competition cannot be used as a basis for enrolment in primary and secondary schools. The “two-way” work programme will not be regularly informed of the competitions and the various pitfalls, protect the legitimate rights of students and parents and promote the healthy growth of minors.

Remark II: There are three commonly used suited to the competition for irregularities

The Beijing “two-way” work-level monitoring found that there were three commonly used suited for some competitions:

First, there is no competition from abroad, and the name is constantly updated. Most of the competitions are packaged in Malacca, “Club activities”, “Changes on the upper line” and even in the script, through institutional websites, self-media, parent microcosm, etc., claiming themselves to be an extension of a glass race, students who have been awarded a direct brand, and soliciting the enrolment of their parents in words.

Secondly, through third parties, it is implied that money will be paid to secure the award. There is no regular channel of registration for the competition, through third-party institutions, where parents find it difficult to identify the so-called sponsor information, while third-party institutions organize classes of coaching, embroidery in their place. More third-party institutions suggest that rewards can be secured, and parents are encouraged to pay for awards, which are self-citizen by the sponsors, and the certificates are not in themselves curtain.

Thirdly, competitions continue to develop promotional models, such as competitions, racings, university competitions, etc., which are rife. The registration fees are higher on ships, showing the level of competition at high rates. Also, through the Summer Summer School at the “end noon event”, the HF carries out under-line activities to induce repeated participation by students.

Reminds three: the risk of participating in the competition for irregularities

The Beijing “two-way-down” work programme specifically alerts students and parents to the risk of participating in the competition for irregularities.

First, the subject of the competition for non-compliance was severely overshadowed, with the aim of inducing students to continue their work and wasted a great deal of time.

Secondly, there was confusion in the management of the organization of the competition for irregularities, and verification found that there had been frequent instances of over-the-line, under-line, missing topics and trade certificates. Parents are encouraged to register through false propaganda, participate in multiple events and increase the family’s economic burden.

Thirdly, competition sponsors are often “cluster committees” that are not legally responsible. Competitions are carried out secretly, sometimes in order to avoid regulation, and are often “replaced” on an ad hoc basis, and once sudden events occur, their consequences are overshadowed. China Young People’s News, End-of-Life (Centre of Young Men and Young Men)

Produced by: Sina Finance listed company Research Institute

In 2020, the epidemic accelerated the development of the compound condiment industry, but only one year later, the performance of the leading companies in the industry began to decline sharply.

Yihai international, one of the top 3 hot pot seasonings, saw its net profit decline by nearly 13% in the first half of 2021. Another Tianwei food company recently disclosed its performance forecast and realized a revenue of 2.026 billion yuan in 2021, a year-on-year decrease of 14%; The net profit was 179 million yuan, a year-on-year decrease of 51%.

The direct reason for the decline in the performance of Tianwei food is the pressure on goods in the rapidly expanding channel. In 2020, the revenue of Tianwei food showed a high growth of 37%, behind which was the large expansion of the company’s dealer team, which caused serious channel pressure. Since the second quarter of 2021, Tianwei has entered the de channel inventory cycle.

After the rapid expansion of Tianwei food, the dyspepsia channel pressed the goods, resulting in the decline of performance in 2021

At the end of February, Tianwei food launched a stock incentive plan, which plans to grant 11.97 million shares to incentive objects, accounting for 1.59% of the total share capital of the company. The total number of incentive objects is 237, including current directors, senior managers, middle managers and technical backbones.

Among them, three vice presidents, Yu Zhiyong, Wu Xuejun, Shen Songlin and he Changjun, the board secretary, were awarded 330000 shares, 380000 shares, 300000 shares and 300000 shares respectively. As of March 3, the share price of Tianwei food was 21.42 yuan and the granted price was 10.96 yuan. According to the market price, the per capita floating profit of the four executives exceeded 3 million.

The performance assessment objective is that the revenue growth rate in 2022 shall not be less than 15%, and that in 2023 shall not be less than 15%. From 2015 to 2020, the compound annual growth rate of Tianwei food’s operating revenue is 22%, compared with the growth target of 15%, which is not high. The corresponding revenue in 2022 is 2.33 billion yuan, which has not reached the level in 2020.

The stock incentive plan was launched against the background of the sharp decline in the performance of Tianwei food.

According to the performance forecast disclosed by Tianwei food at the end of January, the annual revenue decreased by 14%, the net profit attributable to the parent decreased by 51%, and the net profit deducted from non net profit decreased by 62%.

The sharp decline in the revenue of Tianwei food is related to the previous channel pressure on goods. In 2020, Tianwei food carried out a round of dealer system reform to accelerate investment. By the end of 2019, the number of cooperative dealers was 1221, and by the end of 2020, it had expanded to 3001, which led to a high growth of 37% in revenue in 2020, of which the channel sales revenue of dealers increased by 40%, and the direct consequence was the high channel inventory.

In 2021, Tianwei food began to clear its inventory through channels, and the channel sales revenue of dealers in the first three quarters decreased by 15% year-on-year, which is the direct reason for the decline of the company’s revenue.

Looking at the revenue growth of Tianwei food by quarter, the revenue growth of Tianwei food increased by 56% in the first quarter of 2021, and increased by - 15%, - 37% and - 25% respectively in the second, third and fourth quarters. The de channel inventory from the second quarter continued to the fourth quarter.

At the same time, the company invested a lot of sales expenses in market development and advertising. In the institutional research in November 2021, the management said that the company was “moderately increasing sales personnel, strengthening the training of sales personnel and dealers, and improving capacity”. In the first three quarters of 2021, the sales cost of Tianwei food was 326 million yuan, an increase of 41% year-on-year.

The rising cost of raw materials has reduced the gross profit margin, and its comprehensive gross profit margin has decreased from 41% in 2020 to 34% in the first three quarters of 2021. The sharp increase in sales staff salaries, advertising fees and channel promotion fees has reduced the company’s net profit margin. In the first three quarters of 2021, the net interest rate of Tianwei food was only 5.73%, compared with 21% in the same period last year. This together led to a sharp decline in the company’s performance last year.

Industry competition intensifies. When will Tianwei food usher in an inflection point?

From the perspective of the industry, the compound condiment industry experienced the problems of intensified industry competition and rising raw material costs in 2021.

In 2020, under the catalysis of the epidemic, a large number of competitors poured into the track of compound seasoning, including both traditional condiment enterprises, such as Haitian flavor industry and Zhongju high tech, as well as catering enterprises, such as Dezhuang, Dalong, Xiabu, Xiabu, etc.

According to the condiment investment and financing data report in the first half of 2021 launched by enterprise investigation and the big data information center of China condiment Association, there were six condiment brand financing events in the first half of 2021 alone, with a disclosure amount of more than 140 million yuan. Gaoling and IDG stand behind the “added taste” of financing, while another “Meixin food” is invested by Jinding capital.

On the one hand, a large number of new competitors have entered the game. On the other hand, existing players are still expanding their categories. For example, Haitian flavor industry expanded its product line to 9 products in 2021 after launching 2 hot pot seasoning products in 2020. Yihai international has developed 17 new products in the first half of 2021. The capacity expansion projects of various companies have also been put into operation, and the supply has expanded rapidly.

In this case, the performance growth rate of relevant listed companies declined to varying degrees in 2021. Yihai International’s revenue growth in the first half of 2021 decreased from 34% of the previous year to 19%; The annual revenue of Tianwei food fell by 14%.

In terms of revenue structure, compared with the same period in 2020, Tianwei food’s hot pot seasoning revenue decreased by 19% and dish seasoning revenue decreased by nearly 4% in the first three quarters of 2021. These two types of products account for the largest proportion of the company.

For compound condiment companies, the rise in the cost of raw materials is mainly due to the rise in the price of oil raw materials and packaging materials, which increases the cost to a certain extent and lowers the gross profit margin of relevant companies.

In view of the rising cost of raw materials, Tianwei food has raised the price of some products in the fourth quarter of 2021. In the institutional research in early November, the management of Tianwei food said that “in mid October, the company has raised the price of two products, and we are comprehensively sorting out other products.”

In the short term, the effect of the price increase will be reflected in 2022. To what extent will the price increase improve the performance and whether it will affect the sales volume in turn is the most noteworthy question next