<?xml version="1.0" encoding="utf-8"?>
<rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/">
    <channel>
        <title>Zachary</title>
        <link>https://paragraph.com/@zachary-18</link>
        <description>The beginning of all the knowledge and passion in love starts with one thing: a loving heart.</description>
        <lastBuildDate>Mon, 08 Jun 2026 02:47:39 GMT</lastBuildDate>
        <docs>https://validator.w3.org/feed/docs/rss2.html</docs>
        <generator>https://github.com/jpmonette/feed</generator>
        <language>en</language>
        <copyright>All rights reserved</copyright>
        <item>
            <title><![CDATA[Until the day when human civilization collapses, do we also not allow interstellar navigation?]]></title>
            <link>https://paragraph.com/@zachary-18/until-the-day-when-human-civilization-collapses-do-we-also-not-allow-interstellar-navigation</link>
            <guid>uW2mlA1HKP2LDa7WwvSX</guid>
            <pubDate>Fri, 12 May 2023 07:30:18 GMT</pubDate>
            <description><![CDATA[The probability of the existence of outer-Earth civilization in the universe is far greater than that of the planet’s only civilization. So, why do we find no definitive evidence of the existence of any outside civilization? It was explained by scientists that all civilizations that emerged in the universe could inevitably collapse before developing inter-constellation technologies … Prepared by Our planet is no more than one of the corners of the universe, so that the universe is too old and...]]></description>
            <content:encoded><![CDATA[<p>The probability of the existence of outer-Earth civilization in the universe is far greater than that of the planet’s only civilization. So, why do we find no definitive evidence of the existence of any outside civilization? It was explained by scientists that all civilizations that emerged in the universe could inevitably collapse before developing inter-constellation technologies …</p><p>Prepared by</p><p>Our planet is no more than one of the corners of the universe, so that the universe is too old and that there is a civilizational probability elsewhere in the universe, far more than the probability that Earth civilization is the only civilization in the universe. That is the case, where are those civilizations? Why have we not seen the exact evidence of their existence so far?</p><p>It is not merely a matter of concern for writers, but also a serious scientific issue. The issue was first raised in 1950 by the physico Fermie (Enrico Fermi), the physicsist, who also tried to show, in rough calculations, that the outer stars had already visited the Earth. Famili advocated that there were hundreds of millions of solar-like occupants in the Galaxy system, and that they were likely to have a suitable type of planet around them. In such a huge sum, even if the probability of the emergence of civilization is small, the number of civilizations may still be significant. These civilizations may have developed for billions of years and, once the resources of their perseverance systems have been exhausted, they will necessarily be subject to interplanetary migration. Why do we not see any evidence to date? This issue was later referred to as “Fami paradox”.</p><p>After the Famili paradox was put forward, scientists would like to quantify the possibility of an outer-star civilization. In 1961, the astronomyer Frank de Reque (Frank Drake) introduced a formula to estimate the number of civilizations in the Galaxy system that can communicate with us. This formula relates to the rate of the periphery of the Galaxy system, the proportion of the planets owned by the stars, the proportion of life of the planet and the proportion of development of civilization. Some of the values can be obtained through astronomical observations, while others can only be estimated. Ultimately, according to this formula, Derek concluded that the number of civilizations in the Galaxy system that can communicate with us ranged between 100 and 100 million. But we have not received a signal from any civilization, and how should this be interpreted?</p><p>Large filterers</p><p>The overall interpretation of the Family paradox can be divided into two main categories: either other civilizations exist, but they are not willing to share with us for some reason or there is no civilization other than Earth’s civilization in the universe.</p><p>The first interpretation is a source of inspiration for many skirmishes, for example, in the context of the Third Stereo, when the exchange among civilizations in the universe leads to annihilation, so civilization always prefers to hide itself rather than to broadcast its own signals. Of course, it is also possible that the level of development of different civilizations is too different to exchange. Perhaps, in the view of the higher civilizations, the signal of the Earth’s civilization, like what we are witnessing, does not attract the interest of their hearts.</p><p>The latter interpretation seemed to be more follow-up. If the Earth’s civilization is the only civilization that exists at this stage of the universe, then we are the first to look for the intellectual life of starvation, naturally not to receive signals from other civilizations. The question that this interpretation needs to be answered is how many of the planets that are suitable for the birth of civilization in the universe and why are humanity the first generation of civilization? Scientists have put forward “large filters” (The Great Filter) falsely that the difficulty of advocating some of the key elements in the process of developing intellectual civilization has been seriously underestimated. These links have served as a filter, and even if the universe has been born in the past with many lives or primary civilization, they have not been able to continue to develop.</p><p>Large filters are quoted by Robin Hanson, who considers life from birth to assimilation, through nine links, including single cell life, multi cell life, large brain capacity development, tools, etc. Human civilization is now in the eighth chain, while the ninth is an inter-constellation. In the view of Hansen, at least one of these nine links is very difficult to cross, thus filtering many potential civilizations. If this link is situated in the first eight, then humanity can be relaxed, perhaps we have gone through the most difficult phase, with the possibility of moving to space in the future. But if this is the ninth, the future of humanity may not be as good: perhaps until the day when human civilization annihilates, we also develop technologies that do not lead to interstellar navigation.</p><p>Will civilization end?</p><p>A recent study published in the Royal Society Interface Journal supports the idea that filters are in the ninth chain. In the view of the two authors of the paper, the civilization that emerged from the universe was likely to shrink as a result of the explosion of the population before developing the interplanetary navigation technology.</p><p>The authors cited a study by Luís Bettencourt and others on urban growth patterns, which was used to project the evolutionary history of civilization in the universe. Research by Bethungu et al. indicates that urban energy consumption, wealth creation can be seen as a function of the size of the population, and that this is a sign of the relationship between the metabolism rates of living organisms and volume. However, in contrast, the latter function is smaller than one, that is, the larger biomass, the lower the rate of metabolism; the higher the previous one is a cassava function, the greater the urban population, the higher the “decent” rate in cities.</p><p>Based on this pattern, Becheon and others have proposed ways to describe the evolution of the urban population.</p><p>SWN indicates population size, Y0 indicates total urban population resource requirements, R for per capita resource requirements, E for a new individual resource requirement, and β as an index of urban “advantage rate” with demographic changes.</p><p>The programme involves parameters such as urban total resource requirements and per capita resource requirements. They found that, as long as the urban metabolic rate was more than 1 per cent of the population, the size of the population would always be tended to wipe without poverty for a period of steady growth. In order to avoid large urban populations</p>]]></content:encoded>
            <author>zachary-18@newsletter.paragraph.com (Zachary)</author>
        </item>
        <item>
            <title><![CDATA[Hu Haijun went deep into Changzhi Gaohe coal mine to investigate and inspect the security and prevention and control work]]></title>
            <link>https://paragraph.com/@zachary-18/hu-haijun-went-deep-into-changzhi-gaohe-coal-mine-to-investigate-and-inspect-the-security-and-prevention-and-control-work</link>
            <guid>kOQprg126LdKzPwxn35f</guid>
            <pubDate>Sun, 15 May 2022 08:31:57 GMT</pubDate>
            <description><![CDATA[On February 15, 2021, Hu Haijun, deputy secretary of the Party group and deputy director of Shanxi coal regulatory bureau, gave up the Spring Festival holiday and went deep into Gaohe energy company of Shanxi Lu’an chemical group to conduct investigation and inspection on safety guarantee, epidemic prevention and control, intelligent mine construction and green filling mining during the Spring Festival. After arriving at the mine, Hu Haijun and his delegation first watched the special film of...]]></description>
            <content:encoded><![CDATA[<p>On February 15, 2021, Hu Haijun, deputy secretary of the Party group and deputy director of Shanxi coal regulatory bureau, gave up the Spring Festival holiday and went deep into Gaohe energy company of Shanxi Lu’an chemical group to conduct investigation and inspection on safety guarantee, epidemic prevention and control, intelligent mine construction and green filling mining during the Spring Festival.</p><p>After arriving at the mine, Hu Haijun and his delegation first watched the special film of the company’s intelligent mine construction, went deep into the production dispatching command center, and learned in detail about the intelligent mine integrated automation platform, personnel accurate positioning system, intelligent fully mechanized mining face operation of Gaohe energy company, as well as the company’s safety guarantee, epidemic prevention and control and other work during the Spring Festival; Go deep into e1302 filling mining face in the coal mine, check the production technology and construction process of filling mining on site, and inquire in detail about the outstanding advantages of the project in environmental protection, economic and social benefits; After lifting the well, he also went to the nutrition restaurant at the wellhead of the coal mine to check the catering supply of employees during the Spring Festival. Subsequently, they had a discussion and exchange with relevant personnel.</p><p>Hu Haijun pointed out that intelligent mine construction is the general trend. Gaohe energy company has made many beneficial explorations and accumulated valuable experience in intelligent mine construction; Gaohe energy company should not only pay attention to the exploration of production technology and production process, but also give full play to the outstanding role of intelligence in creating an intrinsically safe environment, especially in terms of automatic early warning of illegal entry of underground restricted area personnel and automatic start and stop of equipment, it should design a set of electronic restricted area early warning device to ensure that the intelligent construction of the mine takes into account the benefits of safety and production; Gaohe energy company should coordinate the filling mining and village relocation, boldly apply new technologies, new equipment and new processes on the basis of ensuring safety, output and benefits, and strive to achieve high-quality and cost-effective development of the enterprise; Gaohe energy company should continue to pay attention to people’s livelihood and the vital interests of employees, strive to create a good working and living environment for employees, and let employees work with dignity and live a happy life.</p><p>Hu Haijun stressed that in April last year, the Security Committee of the State Council issued the “three-year action plan for special rectification of national production safety”, and the provincial government also formulated a work plan. Nearly a year has passed and there are still more than two years to go. We must attach great importance to this work. To grasp the three-year action plan, we should grasp the problem orientation, goal orientation and result orientation, fundamentally eliminate hidden dangers and fundamentally solve problems; We should not only check the problem, but also check the root cause of the problem, that is, the crux of deep level, regularity and commonness, see whether the problem is completely solved, and verify it through the target problem and the problem result in turn; We should dynamically update the problems, list the list of problems and system measures, improve the system and correct the deviation from the measures, and draw inferences from one instance.</p><p>Zhang Heping, vice mayor of Changzhi, Wang Zhiqing, party secretary and chairman of Shanxi Lu’an chemical group, Wang Qiang, deputy general manager, and personnel from Changzhi supervision branch, Changzhi Emergency Management Bureau and other relevant units accompanied the investigation and inspection.</p>]]></content:encoded>
            <author>zachary-18@newsletter.paragraph.com (Zachary)</author>
        </item>
        <item>
            <title><![CDATA[Mooved completed tens of millions of yuan pre-A round of financing, led by Pullman capital]]></title>
            <link>https://paragraph.com/@zachary-18/mooved-completed-tens-of-millions-of-yuan-pre-a-round-of-financing-led-by-pullman-capital</link>
            <guid>id2FJq3F07TFVCcRx6gx</guid>
            <pubDate>Fri, 13 May 2022 03:49:39 GMT</pubDate>
            <description><![CDATA[Recently, moove, an African household appliance enterprise, announced that it had completed a round of pre-A financing of tens of millions of yuan, which was led by Pullman capital. Previously, mooved completed Angel round financing in April 2021. It is reported that this round of newly raised funds will be used for product R & D, expansion of talent teams in China and Africa markets, brand investment and expansion of offline channels. Talking about the investment logic, The current round of ...]]></description>
            <content:encoded><![CDATA[<p>Recently, moove, an African household appliance enterprise, announced that it had completed a round of pre-A financing of tens of millions of yuan, which was led by Pullman capital. Previously, mooved completed Angel round financing in April 2021.</p><p>It is reported that this round of newly raised funds will be used for product R &amp; D, expansion of talent teams in China and Africa markets, brand investment and expansion of offline channels.</p><p>Talking about the investment logic, The current round of lead investment ⽅ Pullman capital said: “Zizhou is the region with the fastest growth rate of insurance investment in the world. In 2021, Zizhou received US $5.2 billion of insurance investment, which is the sum of the past seven years. China has been the largest trading partner of Zizhou for 12 consecutive years, and Chinese enterprises have unique advantages in developing in Zizhou. With the rapid rise of power supply rate in Zizhou, the home appliance market has ushered in historical development opportunities. Mooved is a rare home appliance brand deeply cultivated in the Zizhou market, and it is built and supplied locally in Zizhou Should supply chain and sales channels, with strong competitive barriers. We are optimistic about the pioneering spirit of the mooved team. We also believe that mooved will develop better and better in the future with the increasing prosperity of the home appliance market in Zhuzhou. “</p><p>It is understood that mooved was founded in 2020. It is a newly created household appliance brand born in Shenzhen. The company has entered the markets of Ghana, C ô te d’Ivoire and other continents with household appliances such as TV sets and sound.</p><p>At present, mooved’s nuclear products are mainly television, sound and other shadow household appliances. At the same time, it also introduces refrigerators, freezers, air conditioners, fans, Juicers, kettles, ironing and other live household appliances in combination with the needs of local consumption. In addition, with the further extension of the company’s offline channels, it is planned to introduce some 3C digital products to consumers in Europe in the future.</p><p>In the business model, mooved has a business model. For example, in Ghana, mooved has penetrated its products into more than 1000 offline stores through the establishment of warehouses and local distribution channels, and has attached the “mooved” head to more than 300 of them. At the same time, mooved also has a national representative model, such as C ô te d’Ivoire, Togo, Burkina Faso, Nigeria, etc. mooved cooperates with agents locally, agents directly purchase from China, and mooved team is responsible for distribution, operation and channel penetration locally. ⽽ cross border e-commerce ⽅⾯ quickly reach consumers through the layout of the jumia platform in Kenya, Nigeria, Ghana, C ô te d’Ivoire and other countries.</p>]]></content:encoded>
            <author>zachary-18@newsletter.paragraph.com (Zachary)</author>
        </item>
        <item>
            <title><![CDATA[Welcome the Spring Festival with ink splashing, concentrate on writing and send blessings]]></title>
            <link>https://paragraph.com/@zachary-18/welcome-the-spring-festival-with-ink-splashing-concentrate-on-writing-and-send-blessings</link>
            <guid>1LorrrZeg2cA51xDxYk5</guid>
            <pubDate>Wed, 11 May 2022 03:54:52 GMT</pubDate>
            <description><![CDATA[“Can the teacher help me write ‘money rolling’?” “Can the teacher help me write a pair of Spring Festival couplets pasted on the new house?” The social work station of Jinyu street, Longhua District, together with Hainan couplet Association, carried out a garden tour with the theme of “welcoming the Spring Festival and warming the community”, writing spring couplets and sending blessings for residents for free. In front of the table of Li Jiazhuo, vice president of Hainan couplet Association,...]]></description>
            <content:encoded><![CDATA[<p>“Can the teacher help me write ‘money rolling’?” “Can the teacher help me write a pair of Spring Festival couplets pasted on the new house?” The social work station of Jinyu street, Longhua District, together with Hainan couplet Association, carried out a garden tour with the theme of “welcoming the Spring Festival and warming the community”, writing spring couplets and sending blessings for residents for free. In front of the table of Li Jiazhuo, vice president of Hainan couplet Association, everyone said that the contents of spring couplets they wanted to write were not lively.</p><p>At the event site, Li Jiazhuo was calm and relaxed. With the flexible rotation of his wrist, a beautiful word “Fu” jumped onto the paper and attracted repeated praise from residents. “It takes about three minutes to write a couplet. In order to reduce the waiting time of residents, I usually write running script.” Li Jiazhuo told reporters that he is good at regular script, running script, official script and cursive script, and can write according to the preferences of citizens. Not only that, he also prepared different types of brushes such as long front brush and small regular script to enrich the choices of citizens.</p><p>In order to write your favorite spring couplets, Jinyu street social work station and Hainan couplet society have prepared some festive and auspicious spring couplets in advance. You can choose on-site. Those who do business can choose “the treasure gathering place of wealth all over the world, and Kyushu’s good luck enters the courtyard”, and those who move to a new house can choose “plain sailing, good every year, good luck, step by step”.</p><p>It is reported that Li Jiazhuo joined Hainan couplet society in 2017. Every Spring Festival, the provincial couplet society will jointly carry out the activity of “writing spring couplets and sending blessings” with the community to witness the citizens’ constant love for traditional calligraphy culture and spring festival customs. “This year, we have gone to the international trade compound, Changmao garden and other places. Every time, many residents will wait in line. As soon as we write, we can feel the enthusiasm and welcome of residents everywhere.” Said Ricardo.</p><p>“In the provincial couplet society, we can not only exchange and learn from each other in calligraphy, but also pair couplets in wechat groups every day.” Li Jiazhuo said, “everyone has different life experiences. Sometimes couplets are also nostalgic for the past or looking forward to the future, which is particularly interesting.”</p><p>Li Jiazhuo, 67, a retired soldier, began to learn calligraphy at the age of 10. He recalled, “the first time I came into contact with calligraphy was because the Chinese teacher in the primary school was good at writing, so I began to practice with the teacher. Only in those years of the army, due to the limitation of time and space, I couldn’t practice often. I insisted on practicing for at least one hour every day for the rest of the time. There is no shortcut in calligraphy. Only more practice can I write well.”</p><p>Li Jiazhuo said, “although there are many printed Spring Festival couplets, the handwritten Spring Festival couplets have more aura. Each one is unique and contains the writer’s wishes for the happiness and happiness of others. The calligraphy culture spreads in a unique way, and I will continue to write it.”</p>]]></content:encoded>
            <author>zachary-18@newsletter.paragraph.com (Zachary)</author>
        </item>
        <item>
            <title><![CDATA[Kone elevator Qingdao Branch was punished for failing to maintain the elevator according to the safety technical specifications]]></title>
            <link>https://paragraph.com/@zachary-18/kone-elevator-qingdao-branch-was-punished-for-failing-to-maintain-the-elevator-according-to-the-safety-technical-specifications</link>
            <guid>iEDinPRzuDrqUvHTsyG0</guid>
            <pubDate>Sat, 07 May 2022 08:09:06 GMT</pubDate>
            <description><![CDATA[According to the information publicity platform of administrative punishment and administrative compulsion in Qingdao, KONE Elevator Co., Ltd. Qingdao Branch failed to strictly implement the requirements of safety technical specifications for elevator maintenance, which was punished by the market supervision administration of West Coast new area. After the on-site inspection by the law enforcement personnel of the market supervision and Administration Bureau of the West Coast new area, it was...]]></description>
            <content:encoded><![CDATA[<p>According to the information publicity platform of administrative punishment and administrative compulsion in Qingdao, KONE Elevator Co., Ltd. Qingdao Branch failed to strictly implement the requirements of safety technical specifications for elevator maintenance, which was punished by the market supervision administration of West Coast new area.</p><p>After the on-site inspection by the law enforcement personnel of the market supervision and Administration Bureau of the West Coast new area, it was found that the Qingdao Branch of KONE Elevator Co., Ltd. did not maintain an elevator in Qianxilong Garden community in strict accordance with the requirements of safety technical specifications.</p><p>For an elevator with equipment registration code of 3010370211200511009, the next inspection date marked is October 2022. The maintenance records of the elevator from June 28, 2021 to the inspection date, including ten maintenance records on June 28, July 12, July 26, August 9, August 23, September 6, September 20, October 4, October 18 and November 1, 2021, were not signed and confirmed by the elevator safety administrator, and two maintenance records during the maintenance period from November 1 to December 2 were not filled in, and the place of use, use registration certificate number, elevator model The number of landing doors and other contents, and the maintenance records are not perfect.</p><p>After investigation, the user of the above elevators is Anhui Xinda Jianyin Property Management Co., Ltd. Qingdao Branch, and the maintenance unit is KONE Elevator Co., Ltd. Qingdao Branch. The maintenance contract stipulates that KONE Elevator Co., Ltd. Qingdao Branch will be responsible for the maintenance of 17 elevators in Qianxilong Garden community from January 1, 2021, and the contract is valid until December 31, 2021. On December 2, 2021, law enforcement officers spot checked an elevator with equipment registration code of 3010370211200511009, and found that KONE Elevator Co., Ltd. Qingdao branch did not carry out elevator maintenance in strict accordance with the requirements of safety technical specifications. First, the maintenance records lacked two maintenance records from November 1 to December 2, 2021, and failed to provide evidence such as surveillance videos or photos during scheduled maintenance. Second, the ten maintenance records on June 28, July 12, July 26, August 9, August 23, September 6, September 20, October 4, October 18 and November 1 in 2021 were not signed and confirmed by the safety management personnel of the user unit. The safety management personnel of the user unit said that the maintenance unit did not notify its escort during maintenance, so the safety management personnel of the user unit did not sign according to the regulations of the company. Third, the maintenance records are incomplete, and the use place, use registration certificate number, elevator model, number of landing doors and other contents are not filled in the maintenance records.</p><p>According to the maintenance revenue statement provided by Tongli Elevator Co., Ltd. Qingdao Branch, the elevator has a monthly operating income of 420 yuan, the illegal time is 12, and the maintenance cycle is 6 months, so the illegal income is 2520 yuan.</p><p>According to Article 88 of the special equipment safety law of the people’s Republic of China and Article 36 of Chapter 10 special equipment safety supervision and administration of Shandong Province, the market supervision and Administration Bureau of West Coast New Area confiscated 2520 yuan of illegal income and fined 10000 yuan to Qingdao Branch of KONE Elevator Co., Ltd.</p>]]></content:encoded>
            <author>zachary-18@newsletter.paragraph.com (Zachary)</author>
        </item>
        <item>
            <title><![CDATA[[langtan KPL] quick news: there is no solution to the "meat armor" on Jinyu Island, and the wolves zero sealed xYG]]></title>
            <link>https://paragraph.com/@zachary-18/langtan-kpl-quick-news-there-is-no-solution-to-the-meat-armor-on-jinyu-island-and-the-wolves-zero-sealed-xyg</link>
            <guid>PW0DaWHeKtMNPXcYWKAL</guid>
            <pubDate>Fri, 06 May 2022 00:15:48 GMT</pubDate>
            <description><![CDATA[KPL spring post season winner group, Chongqing wolves against xYG. In the fourth game, xYG wanted to activate September and took the lead in choosing the mirror for September, but the old Chongqing wolves saw through this intention. At the beginning, they directly invaded the wild area and lost the blue buff in September, which directly limited the development of September. Correspondingly, fly’s crazy iron developed well in this game. At the same time, the “meat armor” of Jinyu also became a...]]></description>
            <content:encoded><![CDATA[<p>KPL spring post season winner group, Chongqing wolves against xYG.</p><p>In the fourth game, xYG wanted to activate September and took the lead in choosing the mirror for September, but the old Chongqing wolves saw through this intention. At the beginning, they directly invaded the wild area and lost the blue buff in September, which directly limited the development of September. Correspondingly, fly’s crazy iron developed well in this game. At the same time, the “meat armor” of Jinyu also became a point that can be more than one dozen in the later stage. XYG could not solve this point at all. The last wave of group war, Jinyu rushed directly into the back of xYG. Several people of xYG failed to kill Jinyu. Instead, their front row was solved by Chongqing wolves. Finally, Chongqing wolves won the group war of 0 for 3.</p><p>Today, the Lantau armor goes in and out, and the wolf team zero seals xYG</p><p>Jinyu, the player who brought the “meat armor” into the competition, did have a unique understanding of this hero. At the same time, Chongqing wolves also predicted the tactics of xYG, formulated targeted playing methods, and finally won the victory.</p>]]></content:encoded>
            <author>zachary-18@newsletter.paragraph.com (Zachary)</author>
        </item>
        <item>
            <title><![CDATA[From March 12 to 13, Xiling auctioned the whole collection of Hangzhou headquarters]]></title>
            <link>https://paragraph.com/@zachary-18/from-march-12-to-13-xiling-auctioned-the-whole-collection-of-hangzhou-headquarters</link>
            <guid>awaX5QihtVjWEmy2RNzC</guid>
            <pubDate>Mon, 02 May 2022 19:21:12 GMT</pubDate>
            <description><![CDATA[From March 12 to 13, 2022 (Saturday and Sunday), the Hangzhou headquarters of Xiling auction (No. 127, Qingyin street, Shangcheng District, Hangzhou, 150 meters east of Pinghai road across Zhonghe viaduct) will hold a collection of all kinds of collections. Citizens can take their treasures to exchange. Adhering to the centuries old culture of Xiling Seal society, Xiling auction invites you to share the beauty of artistic life. Collection categories: Chinese calligraphy and painting, letters ...]]></description>
            <content:encoded><![CDATA[<p>From March 12 to 13, 2022 (Saturday and Sunday), the Hangzhou headquarters of Xiling auction (No. 127, Qingyin street, Shangcheng District, Hangzhou, 150 meters east of Pinghai road across Zhonghe viaduct) will hold a collection of all kinds of collections. Citizens can take their treasures to exchange. Adhering to the centuries old culture of Xiling Seal society, Xiling auction invites you to share the beauty of artistic life.</p><p>Collection categories: Chinese calligraphy and painting, letters and manuscripts of Chinese and foreign celebrities, rare ancient books, inscriptions on gold and stone tablets, famous seal cutting and printing stones, treasures Tian Huang, famous inkstones of previous dynasties, antique treasures, miscellaneous articles of study, porcelain of previous dynasties, furniture of Ming and Qing Dynasties, purple sand and tea props, statue art, coins of previous dynasties, oil painting and sculpture, photography and film art, famous cartoon illustration comic strip, ancient jade, jade carving of contemporary famous masters, raw stone of Hotan jade seed material, Western antiques Jewelry, aged famous wine at home and abroad.</p><p>This solicitation lasts for two days, from 9:30 to 17:30 every day. For details, please contact: 0571-87896778, 87812580.</p><p>In 2022, Xiling spring auction, Xiling (Shaoxing) auction and Xiling online auction · art are collected simultaneously. The company’s Hangzhou headquarters, Shanghai office and Beijing office are solicited all year round. For more information, please pay attention to the official website of Xiling auction, wechat official account “Xiling auction” and Sina Weibo “Xiling Seal Engravers Association auction”.</p><p>Follow up auction notice</p><p>Xiling online photography · art is shot in March</p><p>Preview 3.11-3.18</p><p>Auction 3.18-3.22</p><p>Welcome to download [Yishi online auction] app to participate in bidding</p><p>Art is synchronized bidding on the official website</p>]]></content:encoded>
            <author>zachary-18@newsletter.paragraph.com (Zachary)</author>
        </item>
        <item>
            <title><![CDATA[The net profit fell sharply, the performance changed, the distributable profit was negative, and the dividend was still required. The lanfan medical custody letter was forced to cancel the profit distribution plan]]></title>
            <link>https://paragraph.com/@zachary-18/the-net-profit-fell-sharply-the-performance-changed-the-distributable-profit-was-negative-and-the-dividend-was-still-required-the-lanfan-medical-custody-letter-was-forced-to-cancel-the-profit-distribution-plan</link>
            <guid>KT4tRn1fUm9WM32RbHf4</guid>
            <pubDate>Sat, 30 Apr 2022 02:37:20 GMT</pubDate>
            <description><![CDATA[After hours on April 23, lanfan medical (002382. SZ) received the supervision letter issued by the Shenzhen Stock Exchange. In view of the previous failure of the board of directors to make prudent decisions when considering the profit distribution plan, which violated the relevant provisions of listed companies of the Shenzhen Stock Exchange, the Shenzhen Stock Exchange required the company to make rectification in time. In fact, lanfan medical disclosed the announcement on the resolution of...]]></description>
            <content:encoded><![CDATA[<p>After hours on April 23, lanfan medical (002382. SZ) received the supervision letter issued by the Shenzhen Stock Exchange. In view of the previous failure of the board of directors to make prudent decisions when considering the profit distribution plan, which violated the relevant provisions of listed companies of the Shenzhen Stock Exchange, the Shenzhen Stock Exchange required the company to make rectification in time.</p><p>In fact, lanfan medical disclosed the announcement on the resolution of the 22nd Meeting of the 5th board of directors on April 13. According to the announcement, the board of directors of the company considered and approved the plan for profit distribution of the company in 2021. Lanfan medical plans to distribute a cash dividend of 1 yuan for every 10 shares to all shareholders based on the total share capital registered on the date of equity distribution.</p><p>Based on the total share capital of lanfan medical as of December 31, 2021, the company plans to distribute a total cash dividend of 101 million yuan (including tax). According to the 2021 annual report of lanfan medical, the distributable profit of the parent company at the end of the period was -454 million yuan, and the amount of cash dividend was greater than the amount of distributable profit.</p><p>After being reminded and urged by the Shenzhen Stock Exchange, lanfan medical announced on April 21 that the company cancelled the profit distribution plan originally proposed to be submitted to the general meeting of shareholders for consideration because it did not meet the conditions for profit distribution, and the profit distribution plan for 2021 was changed to no cash dividend, no bonus shares and no conversion of accumulation fund into share capital.</p><p>It is worth mentioning that in the previous announcement of the resolution of the board of directors, lanfan medical has disclosed that the net profit realized by the parent company in 2021 was -1.118 billion yuan, plus the undistributed profit of 1.066 billion yuan at the beginning of the year, minus 0 yuan of surplus reserve accrued in that year and 403 million yuan of profit distribution in 2020. The actual profit available for distribution to shareholders of the parent company in 2021 was -454 million yuan. Even so, the company decided to make profit distribution.</p><p>Before that, lanfan medical would pay dividends every year after it was listed. So far, the cumulative amount of cash dividends has reached 945 million yuan. In 2020, under the sudden environmental background of COVID-19, the profit of blue sail, known as the “king of gloves”, increased significantly. The cash dividends amounted to 403 million yuan in that year.</p><p>However, with the normalization of the epidemic situation, the performance of lanfan medical in 2021 also fell. The company achieved an operating revenue of 8.109 billion yuan, a year-on-year increase of 3.04%, but the net profit attributable to the parent company in the same period was only 1.156 billion yuan, a year-on-year decrease of 34.28%, and the net profit deducted was only 62.1252 million yuan, a year-on-year decrease of 96.43%. (xuxiaochun, a listed company of Lanjing <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="mailto:xuxiaochun@lanjinger.com">xuxiaochun@lanjinger.com</a> ）</p>]]></content:encoded>
            <author>zachary-18@newsletter.paragraph.com (Zachary)</author>
        </item>
        <item>
            <title><![CDATA[No one asked after waiting in line for four years. Once it was known by the world, why did Dafeng rural commercial bank lose its listing?]]></title>
            <link>https://paragraph.com/@zachary-18/no-one-asked-after-waiting-in-line-for-four-years-once-it-was-known-by-the-world-why-did-dafeng-rural-commercial-bank-lose-its-listing</link>
            <guid>EhtxinDjTBdv2YLdXgpT</guid>
            <pubDate>Sat, 23 Apr 2022 16:33:26 GMT</pubDate>
            <description><![CDATA[(He Ri, Sina Financial Research Institute) After four years of silence, the listing process of Jiangsu Dafeng agricultural commercial bank finally ushered in new progress. On April 14, Dafeng rural commercial bank participated in the first meeting on the main board of Shenzhen Stock Exchange, but failed to pass the audit. It is worth mentioning that there are three enterprises participating in the conference this time, but only Dafeng agricultural commercial bank failed to pass the first roun...]]></description>
            <content:encoded><![CDATA[<p>(He Ri, Sina Financial Research Institute)</p><p>After four years of silence, the listing process of Jiangsu Dafeng agricultural commercial bank finally ushered in new progress. On April 14, Dafeng rural commercial bank participated in the first meeting on the main board of Shenzhen Stock Exchange, but failed to pass the audit. It is worth mentioning that there are three enterprises participating in the conference this time, but only Dafeng agricultural commercial bank failed to pass the first round.</p><p>Since 2020, the process of bank listing has gradually slowed down. As a district level agricultural firm in Jiangsu Province, Dafeng agricultural firm handed over a seemingly good report card in 2021. However, its small asset scale and relatively single revenue structure are major adverse factors restricting its landing in the capital market.</p><p>In response to the IPO application of Dafeng rural commercial bank, the development and Examination Commission also raised many questions about its operation, requiring the bank to explain whether it has a more comprehensive competitiveness, how to maintain sustainable profitability under the continuous downward trend of interest rate, and whether relevant risk factors are fully disclosed.</p><p>Up to now, there are 9 A-share listed banks in Jiangsu Province. Facing the fierce competitive pressure from peers in the province, under the tide of the merger of urban rural commercial banks, where should Dafeng rural commercial bank, whose listing ambition has been poured cold water?</p><p>Small asset scale and worrying competitiveness</p><p>The migration rate of subprime loans rose</p><p>According to public information, Dafeng rural commercial bank was established on November 26, 2011 with a registered capital of 748 million yuan. It is a district level rural commercial bank in Dafeng District, Yancheng City, Jiangsu Province. Its predecessor was rural credit cooperatives, which was restructured into rural commercial banks in 2011.</p><p>In November 2017, Dafeng rural commercial bank submitted a prospectus and applied for listing on the small and medium-sized board of Shenzhen Stock Exchange, which was pre disclosed and updated in April 2018. However, in the following four years, the listing progress of Dafeng Rural Commercial Bank fell into a state of stagnation. No new progress was made until April this year.</p><p>Despite the slowdown of bank listing in recent years and other factors, the listing progress of Dafeng rural commercial bank is so bad that it is inseparable from its “pocket” asset scale. According to the audit results of the CSRC, the development and Examination Commission requires Dafeng rural commercial bank to explain whether the bank has a more comprehensive competitiveness and the measures taken to improve its core competitiveness and their effectiveness in combination with the regulatory policies and regional economic development trends of the rural commercial bank’s cross regional exhibition industry.</p><p>According to the 2021 annual report, the total assets of Dafeng rural commercial bank are only 53.975 billion yuan. By comparison, the total assets of Changshu bank, a regional rural commercial bank in Jiangsu Province, have reached 246.583 billion yuan, nearly five times that of Dafeng rural commercial bank; Listed last year, Ruifeng rural commercial bank, once known as the “smallest bank share of a shares”, also has far more assets than Dafeng rural commercial bank.</p><p>In recent years, the Chinese government has taken a series of measures to further relax the restrictions on China’s banking and financial market, which has led to intensified competition between banks and non bank institutions with a common customer base. In such an environment, the relatively small asset scale of Dafeng rural commercial bank makes it have a certain gap with other listed urban rural banks in development and operation and risk prevention and control.</p><p>Meanwhile, although the overall non-performing loan ratio was low, the migration rate of concerned loans of Dafeng rural commercial bank increased by 2.16% compared with the beginning of the period. Compared with the non-performing loan ratio, the migration rate of concerned loans reflects the speed at which concerned loans deteriorate to subprime loans, which is forward-looking. Therefore, the quality of credit assets of Dafeng rural commercial bank still needs time to be tested.</p><p>High proportion of net interest income</p><p>Single revenue structure and difficult transformation</p><p>In addition to the problems of small asset scale and insufficient competitiveness, the development and Examination Commission also expressed concern about the sustainable profitability of Dafeng rural commercial bank. According to the annual report, Dafeng rural commercial bank achieved a total revenue of 1.333 billion yuan in 2021, a year-on-year increase of 5.88%; The net profit was 573 million yuan, a year-on-year increase of 12.33%. From the data alone, Dafeng Rural Commercial Bank seems to perform fairly well. However, subdivided into the proportion of revenue, the net interest income of Dafeng rural commercial bank in that year was as high as 1.243 billion, accounting for more than 90% of the total revenue of the whole year. The problem of single revenue structure is serious.</p><p>Relying on net interest income is a common problem of local small and medium-sized banks. However, at the moment when the interest rate spread in the banking industry is generally narrowed, all banks are making efforts to carry out intermediary business, trying to focus on the net income of handling fees and commissions, and seeking a new breakthrough in revenue growth. From the performance of listed banks, in 2021, the net income of handling fees and commissions of all banks generally achieved rapid growth. Take Zhangjiagang, another listed agricultural commercial bank in Jiangsu Province, as an example. In 2021, the bank’s handling fee and commission income reached 343 million yuan, with a net income of 124 million yuan.</p><p>In contrast, Dafeng rural commercial bank, the bank’s handling fee and commission income is not only small, but also has been “upside down” with expenditure for four years since 2018. According to the data of the annual report, from 2018 to 2021, the handling fee and commission income of Dafeng rural commercial bank was only 8.4217 million yuan, 6.5672 million yuan, 16.7773 million yuan and 23.2361 million yuan; The net income from handling fees and commissions was -17.063 million yuan, - 45.6252 million yuan, - 36.0716 million yuan and - 34.0186 million yuan respectively.</p><p>In this regard, insiders pointed out that behind the weak growth of intermediate business of Dafeng rural commercial bank is the fierce competition pattern that domestic small and medium-sized banks will face. Due to the lack of business innovation ability, it is difficult for small and medium-sized banks to form strong competitiveness in the intermediate business market. This chronic disease can be attributed to their lack of talent reserve, market brand and risk control ability. For Dafeng rural commercial bank, which is committed to listing, this transformation and adjustment of business structure will not be effective overnight.</p><p>How many times did the cash flow lose blood</p><p>The problem of internal control is worrying</p><p>At the same time, Dafeng rural commercial bank also suffered serious loss of cash flow in 2021. According to the annual report, the net cash flow generated from the operating activities of Dafeng rural commercial bank in 2021 was -2.641 billion yuan, a significant decrease compared with 3.777 billion yuan in 2020. It is noteworthy that from 2017 to 2018, Dafeng rural commercial bank also had negative net cash flow for two consecutive years. In 2017, Dafeng rural commercial bank’s net cash flow was -4.433 billion yuan.</p><p>Generally speaking, net cash flow from operating activities</p>]]></content:encoded>
            <author>zachary-18@newsletter.paragraph.com (Zachary)</author>
        </item>
        <item>
            <title><![CDATA[Inter provincial transfer and exemption of self-taught examination in Jiangsu Province are in progress in the first half of 2022]]></title>
            <link>https://paragraph.com/@zachary-18/inter-provincial-transfer-and-exemption-of-self-taught-examination-in-jiangsu-province-are-in-progress-in-the-first-half-of-2022</link>
            <guid>TEE2HARiQd6aYK1yy2aZ</guid>
            <pubDate>Tue, 19 Apr 2022 02:02:34 GMT</pubDate>
            <description><![CDATA[Attention, self-taught students! The transfer and exemption of self-taught examination in Jiangsu Province in the first half of 2022 are in progress. Don’t miss the time. 01 Processing time Inter provincial transfer examinationOnline application time: 9:00 on March 1-17:00 on March 5. The system maintenance time is from 22:00 every day to 8:00 the next day, and the transfer application function is closed.Confirmation time: March 2-5.Exemption from examinationApplication time: 9:00 on March 1-...]]></description>
            <content:encoded><![CDATA[<p>Attention, self-taught students!</p><p>The transfer and exemption of self-taught examination in Jiangsu Province in the first half of 2022 are in progress. Don’t miss the time.</p><p>01</p><p>Processing time</p><p>Inter provincial transfer examination</p><ol><li><p>Online application time: 9:00 on March 1-17:00 on March 5. The system maintenance time is from 22:00 every day to 8:00 the next day, and the transfer application function is closed.</p></li><li><p>Confirmation time: March 2-5.</p></li><li><p>Exemption from examination</p></li><li><p>Application time: 9:00 on March 1-17:00 on March 5. The system maintenance time is from 22:00 every day to 8:00 the next day, and the exemption application function is turned off.</p></li><li><p>On site confirmation: March 2-5 (local announcement shall prevail in some areas affected by the epidemic). If the candidate fails to go through the on-site confirmation procedures within the specified time, it shall be deemed to have abandoned the application for exemption.</p></li><li><p>02</p></li><li><p>Handling website</p></li><li><p>Please log in to Jiangsu Education Examination public information service platform (sData. Jseea. CN) to handle relevant business.</p></li><li><br></li></ol>]]></content:encoded>
            <author>zachary-18@newsletter.paragraph.com (Zachary)</author>
        </item>
        <item>
            <title><![CDATA[The sixth cross-strait Dragon Boat Festival folk tourism and Culture Festival in Jinjiang (Anhai) opened today]]></title>
            <link>https://paragraph.com/@zachary-18/the-sixth-cross-strait-dragon-boat-festival-folk-tourism-and-culture-festival-in-jinjiang-anhai-opened-today</link>
            <guid>CBuU9FuqMLsFz9J28cq2</guid>
            <pubDate>Tue, 12 Apr 2022 19:00:35 GMT</pubDate>
            <description><![CDATA[Jinjiang news network, May 29 - today, with a series of heavy and wonderful activities, the ninth Strait forum · Jinjiang City (Anhai) sixth cross-strait Dragon Boat Festival folk tourism and Culture Festival will be grandly opened. What are the wonderful activities and highlights of this Jinjiang Dragon Boat Festival? The reporter will show you one by one. According to the relevant leaders of Anhai Town, this Dragon Boat Festival has rich activities and many highlights - “colorful opening ce...]]></description>
            <content:encoded><![CDATA[<p>Jinjiang news network, May 29 - today, with a series of heavy and wonderful activities, the ninth Strait forum · Jinjiang City (Anhai) sixth cross-strait Dragon Boat Festival folk tourism and Culture Festival will be grandly opened.</p><p>What are the wonderful activities and highlights of this Jinjiang Dragon Boat Festival? The reporter will show you one by one.</p><p>According to the relevant leaders of Anhai Town, this Dragon Boat Festival has rich activities and many highlights - “colorful opening ceremony, joint efforts of culture and commerce to prosper the scenic spots, the charm of lotus picking folk customs, the peaceful market on both sides of the Strait, catching ducks on the water to strengthen the male soul, the Danqing Hongjiang situation in the ancient town, and the great beauty into the mirror.”</p><p>It is understood that at the opening ceremony, the two volunteer service teams of “Ping’an Anhai” and “ai’anhai” will hold a flag ceremony to carry forward the volunteer spirit; Wu Hangzhou’s “Shijing academy Chronicles” will hold the first ceremony and give books to Anhai library; The two sides of the Strait will jointly perform the literary and artistic performance of “Haisi style · cross strait feelings”, welcome the guests in the form of poetic songs and dances, perform five wonderful programs such as “please be safe and windy”, sing the theme of “peace on both sides of the Strait” and present a gift for the opening of the cultural festival.</p><p>One of the highlights of this Dragon Boat Festival is the success of cultural and commercial cooperation. This afternoon, “ai’anhai” charity auction will be held, and more than 100 works will be sold. The love money will be used for the repair of two ancient buildings, Jiyun hall and Kui Guangge. This is an act of kindness that Anhai’s economy and culture work together, and it is also an innovative way to raise funds for cultural relics protection.</p><p>Of course, the Dragon Boat Festival is inseparable from Anhai’s “wordy” folk performance and the project of “catching ducks on water”. The cultural and creative fair of “peace between the two sides of the Strait” held last year will also open a brain opening cultural and creative journey for the audience this year, and promote the continuous deepening of cross-strait exchanges and cooperation.</p><p>Different from previous years, this Dragon Boat Festival will also hold an oil painting exhibition of “ancient town Danqing” by Cai Duqu, a member of China Artists Association. It is the first centralized exhibition of “Anhai theme” works, which conveys the artistic pursuit of AI Anhai; It will also hold the excellent works exhibition of the first xinkaijia Cup “Anping ancient town and Haisi famous city” photography competition.</p><p>“On the basis of the successful holding of five sessions, this cultural festival will improve the specification and quality, fully display the humanistic highlights of the cultural ecology of Southern Fujian, protect the excellent traditional cultural resources of the nation, seek to ‘change’ better in the unchanged folk content, inherit and innovate, and create characteristics.” Relevant leaders of Anhai Town said.</p><p>It is understood that with the successful holding of five consecutive Dragon Boat Festival celebrations, the Dragon Boat Festival Folk Culture Festival has become the cultural brand and business card of Jinjiang and Anhai.</p>]]></content:encoded>
            <author>zachary-18@newsletter.paragraph.com (Zachary)</author>
        </item>
        <item>
            <title><![CDATA[Announcement of China Southern Fund on adding China Merchants Bank as a sales institution and opening related businesses for some of its funds]]></title>
            <link>https://paragraph.com/@zachary-18/announcement-of-china-southern-fund-on-adding-china-merchants-bank-as-a-sales-institution-and-opening-related-businesses-for-some-of-its-funds</link>
            <guid>Hwde7nXuNUJxeg7drZlv</guid>
            <pubDate>Sat, 09 Apr 2022 15:54:55 GMT</pubDate>
            <description><![CDATA[According to the sales cooperation agreement signed between China Southern Fund Management Co., Ltd. (hereinafter referred to as “the company”) and China Merchants Bank Co., Ltd. (hereinafter referred to as “China Merchants Bank”), China Merchants Bank will act as an agent to sell some of the company’s funds from March 3, 2022. The relevant matters are hereby announced as follows: 1、 Applicable fund and business scope From March 3, 2022, investors can handle the account opening, subscription,...]]></description>
            <content:encoded><![CDATA[<p>According to the sales cooperation agreement signed between China Southern Fund Management Co., Ltd. (hereinafter referred to as “the company”) and China Merchants Bank Co., Ltd. (hereinafter referred to as “China Merchants Bank”), China Merchants Bank will act as an agent to sell some of the company’s funds from March 3, 2022. The relevant matters are hereby announced as follows:</p><p>1、 Applicable fund and business scope</p><p>From March 3, 2022, investors can handle the account opening, subscription, redemption, fixed investment, conversion and other businesses of the corresponding funds in the above list through China Merchants Bank.</p><p>The funds in the above list can participate in rate preferential activities, and the specific preferential rules shall be subject to the arrangement of China Merchants Bank.</p><p>2、 Important tips</p><ol><li><p>The above subscription and redemption business is only applicable to funds in the normal subscription period and on specific opening days and hours. For the relevant provisions of special periods such as fund closure period and raising period, see the fund contract, prospectus, product information summary and other relevant legal documents of the corresponding fund and the latest business announcement issued by the company.</p></li><li><p>The investor may agree with China Merchants Bank on the fixed investment amount of each phase of fixed investment business. At present, China Merchants Bank can handle the funds with fixed investment business in the above applicable fund list. For specific fixed investment business rules, please refer to the relevant provisions of China Merchants Bank.</p></li><li><p>Fund conversion refers to that investors can convert all or part of the fund units of an open-end fund of the company purchased and held through the sales agency into the units of another open-end fund managed by the company. If the funds in the above applicable fund list adopt both front-end charging and back-end charging, only the conversion business under the front-end charging mode will be opened.</p></li><li><p>3、 Investors can learn about or consult relevant information through the following ways:</p></li><li><p>Customer service telephone of China Merchants Bank: 95555</p></li><li><p>Website of China Merchants Bank: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://www.bchina.com">www.bchina.com</a> com</p></li><li><p>Customer service telephone of China Southern Fund: 400-889-8899</p></li><li><p>Website of South Fund: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://www.nffund.com">www.nffund.com</a> com</p></li><li><p>4、 Risk tips:</p></li><li><p>Investors shall carefully read the fund contract, prospectus, product data summary and other fund legal documents and relevant announcements, understand the risk return characteristics of the fund, and judge whether the fund is compatible with the investor’s risk tolerance according to their own investment purpose, investment period, investment experience and asset status.</p></li><li><p>Investors should fully understand the differences between fixed investment and fixed deposit and lump sum withdrawal of funds. Fixed investment is a simple and easy way to guide investors to make long-term investment and average investment cost. However, fixed investment can not avoid the inherent risks of fund investment, can not guarantee investors to obtain income, and is not an equivalent financial management method to replace savings.</p></li><li><p>It is hereby announced</p></li><li><p>Nanfang Fund Management Co., Ltd</p></li><li><p>March 3, 2022</p></li><li><p>Part of China Southern Fund Management Co., Ltd</p></li><li><p>Announcement of open-end funds participating in preferential rate activities of China Merchants Bank</p></li><li><p>In order to meet the financial needs of the majority of investors, through consultation between China Southern Fund Management Co., Ltd. (hereinafter referred to as “the company”) and China Merchants Bank Co., Ltd. (hereinafter referred to as “China Merchants Bank”), since March 3, 2022, some of the company’s open-end funds have participated in China Merchants Bank’s subscription and regular fixed investment rate preferential activities.</p></li><li><p>The relevant matters are hereby announced as follows:</p></li><li><p>1、 Applicable fund</p></li><li><p>2、 Activity time</p></li><li><p>The rate preference activity will be carried out from March 3, 2022, and there is no deadline temporarily. In case of any change, the relevant announcement of China Merchants Bank shall prevail.</p></li><li><p>3、 Activity content</p></li><li><p>During the rate preference activity, investors who purchase or regularly invest in the above applicable funds through China Merchants Bank’s mobile banking, online banking and outlet counters enjoy a discount of 10% of the fund purchase rate, that is, the paid in purchase rate = the original purchase rate × 0.1； If the original subscription rate is a fixed fee, it shall be implemented according to the original subscription rate.</p></li><li><p>For the original subscription rate of the above applicable funds, please refer to the relevant legal documents of each fund and the latest relevant announcements issued by the company.</p></li><li><p>4、 Important tips</p></li><li><p>Whether the open-end funds managed by the company that have not yet participated in this preferential activity and the open-end funds issued in the future will participate in this preferential activity will be determined according to the specific circumstances. The rules of this preferential activity shall be subject to the provisions of China Merchants Bank. If investors want to know the details of fund products, please carefully read the fund contract, prospectus (update) and other legal documents of each fund.</p></li><li><p>This preferential activity is only applicable to the daily subscription service charge or regular fixed investment service charge of fund products in the normal subscription period or open subscription period, excluding the fund service charge of fund redemption, conversion business and other businesses. During the rate preference activity, investors who handle the regular and fixed investment business through China Merchants Bank only enjoy the regular and fixed investment rate preference, and do not enjoy the purchase rate preference at the same time.</p></li><li><p>For the latest trading status of the above funds, please pay attention to the relevant announcements of the company.</p></li><li><p>Nanfang Fund Management Co., Ltd. reserves the right to interpret this announcement.</p></li><li><p>5、 Investors can consult the relevant details through the following channels</p></li><li><p>China Merchants Bank</p></li><li><p>Customer service Tel.: 95555</p></li><li><p>Website: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://www.cmbchina.com">www.cmbchina.com</a> com</p></li><li><p>China Southern Fund Management Co., Ltd</p></li><li><p>Customer service Tel.: 400-889-8899</p></li><li><p>website: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="http://www.nffund.com">http://www.nffund.com</a></p></li><li><p>The fund manager does not use the principle of honesty and diligence to guarantee the profit of the fund, but does not guarantee the minimum risk. The sales agency shall classify the types of investors, risk tolerance and the risk level of the fund according to the requirements of laws and regulations, and put forward appropriate matching opinions. Before investing in the fund, investors should carefully read the fund contract, prospectus (update) and other fund legal documents, fully understand the risk return characteristics of the fund products, and make independent decisions on the fund investment according to their own risk tolerance, investment period and investment objectives on the basis of understanding the product situation and listening to the appropriate opinions of the sales organization, Select appropriate fund products. The fund manager reminds investors of the “buyer’s own responsibility” principle of fund investment. After investors make investment decisions, the investors shall be responsible for the investment risks caused by the changes of fund operation and fund net value.</p></li><li><br></li></ol>]]></content:encoded>
            <author>zachary-18@newsletter.paragraph.com (Zachary)</author>
        </item>
    </channel>
</rss>