Dongfeng luxury electric off-road vehicle Warrior 917 refreshes off-road to new heights.

    On April 29th, at the Alashan Heroes’ Meeting, the Warrior 917, which made its world premiere at the Shanghai Auto Show a few days ago, challenged the difficult off-road coordinates such as the big V-ditch and the small V-ditch in the Alashan Desert, and the strong technical accumulation behind it caused widespread concern.

    Alashan tiankeng is about 1000 meters deep. If you want to rush from the bottom of the crater to the top of the hill, you have to go through a steep Sha Feng. Against the backdrop of the scorching sun and the yellow sand, Warrior 917 did not accelerate ahead of time to rush the slope through long-distance power storage, but started from the bottom of the valley, climbed to the top of the slope quickly and steadily with strong power and off-road performance, and staged a desert version of "pulling onions on dry land" with hardcore strength.

    "Fast sand, slow water" is a classic old saying in cross-country circles, and it is also the experience of countless cross-country players. In the desert, the road is too "soft" and has many uncertainties. The wheels are very easy to slip or even fall into the sand pit. The situation of sand trapping and rollover is not uncommon. Only passing quickly is the last word. To pass quickly or cross the pit and slope, we must rely on powerful power, powerful four-wheel drive and delicate off-road technology. The Warrior brand Warrior 917 is developed based on the M TECH Warrior intelligent off-road architecture. The pure electric version and the extended range version can output the maximum power of 1000 HP and 800 HP respectively. It adopts a two-speed gearbox, and the peak wheel torque is more than 16000 Nm, which has super explosive power.

    Not only that, relying on M ATS Warriors’ off-road all-terrain intelligent solution, Warriors 917 has five off-road driving modes: snow, mud, sand, rock and wading, and is equipped with three differential locks at the front, middle and rear. In desert mode, the power is intelligently adjusted according to the slope and grip, and the steering force is actively adjusted to reduce the driving misoperation in extreme environment, which is excellent for the stability control of the car body.

    Challenge Alashan tiankeng, where is the confidence of Warrior 917 to successfully reach the summit?

    Warrior brand embodies the essence of Dongfeng company’s 54 years of technical accumulation and car-making experience, and represents Dongfeng company’s exploration and accumulation of cutting-edge technology. As the strategic support of the "East Wind Rising" plan and the "Leaping Action" of scientific and technological innovation, Warrior bears the mission and responsibility of Dongfeng’s own brand, and M TECH, the intelligent off-road architecture of Warrior, is independently developed by Dongfeng. In the fields of platform, power and off-road, M TECH has built three hard-core technology clusters: MORA warrior skateboard off-road platform, MEGA POWER warrior power and M ATS warrior off-road all-terrain intelligent solution.

    Among them, MORA warrior skateboard cross-country platform has cutting-edge technologies such as line control, domain control and integrated thermal management, which can realize "crab walking" and reduce the minimum turning radius to 5.1 meters. It can not only greatly improve the cornering and narrow road trafficability in off-road scenes, but also make it more flexible to turn around and park in urban scenes, making the "big man" so delicate. VMC chassis dynamic domain control technology can let drivers enjoy snow drift and desert rush. MEGA POWER warrior power is the source of powerful off-road power. It is driven by front and rear four motors and equipped with a two-speed gearbox. The maximum power exceeds 1,000 HP, the wheel torque exceeds 16,000 Nm, and the zero-speed acceleration is 4.2 seconds. It is not only "fierce" in power parameters, but also can conquer the uphill road with a slope angle of 45, bringing a high explosive experience. M ATS warrior off-road all-terrain intelligent solution can choose the ideal off-road mode according to different ambient intelligence, its air suspension can be adjusted within 150mm, and it can automatically adjust the suspension height when facing extreme road conditions such as rocky road or wading road, and it can pass calmly, and it has the ability to easily get out of trouble under various extreme road conditions by relying on the front, middle and rear differential locks.

    In addition, in terms of safety, relying on Dongfeng Company’s accumulated wealth, Warrior has also considered it very thoroughly. In an unpredictable environment, Warrior’s intelligent security system comes with five radars, which can monitor the outdoor security area of more than 8,000 square meters and automatically detect the dynamic objects around the vehicle.

    At the stage of fast transition from hard-core off-road to new energy, improving the off-road performance of vehicles depends on technological innovation and upgrading. Dongfeng Company has accumulated experience and independently mastered a number of core technologies in the practice of building cars for more than half a century. These hard-core technologies are the magic weapon for Dongfeng to build a luxury electric off-road matrix.

Nanjing, Jiangsu: Focus on the 2023 Golden Fair | After three years and thousands of miles, Qin Huai holds hands with Meituan

Not long ago, Qinhuai District and Meituan reached a cooperation intention, the two sides signed a strategic cooperation agreement, and the Meituan Jiangsu project landed in Qinhuai District. The signing of this cooperation agreement took 3 years and 1300 kilometers of time and space.

picturepicture

At around 8 a.m., during the morning rush hour, at Zhangfuyuan Subway Station, four members of the Chaotiangong Street Urban Management Department were busy, arranging the shared bicycles at the subway entrance neatly to ensure the smooth passage of people and vehicles at the subway entrance.

At a glance, the bright and bright yellow "Meituan" has become the "main force" of shared bicycles at the Zhangfuyuan subway entrance. Data show that Meituan’s market share in Qinhuai District accounts for about 80% of the region’s total, double that of a year ago.

The share of Meituan shared bicycles in Qinhuai District has increased significantly

There is also an investment story behind

Makes Meituan Jiangsu project and Qinhuai District "hand in hand" successful

This cooperation originated from a visit in 2020. Three years ago, when Chaotiangong Street in Qinhuai District visited the Ping An Financial Center Building located at Xinjiekou, it was found that Meituan Daojia, Meituan takeaway and other business lines had settled in the building. "At that time, we felt that this was an opportunity, so we decided to take the initiative to’break the ice ‘." The relevant person in charge of Chaotiangong Street recalled. The next day, the street came to visit, hoping that Meituan would land more business lines in Qinhuai District. "Rejected" by investment promotion personnel is "common food", and "finding a way" is a must-answer question. After more than ten visits, the Qinhuai District investment promotion team learned that Meituan was preparing to land some business sectors in Hefei, Chengdu and other places.

"We seized the opportunity, grasped the time difference, and arranged for a special person to seamlessly connect the project as soon as possible," said the relevant person in charge of Chaotiangong Street. District leaders immediately led teams to Beijing and Shanghai to visit Meituan Company, with a thick stack of materials combed overnight, to promote investment resources and business environment in both directions. In the past three years, although there was the impact of the epidemic, he alone went to Beijing and Shanghai four or five times to communicate face-to-face with Meituan, and the number of online and telephone communications was countless.

The 1,300-kilometer journey has narrowed the distance between Meituan and Qinhuai District. During the negotiation process, Meituan’s unintentional request to increase the market share of shared bicycles in Ning has been highly valued by Chaotiangong Street, Qinhuai District and even Nanjing City. It is also this opportunity that makes Meituan finally decide to keep the Jiangsu project in Qinhuai.

The maintenance and management of bicycle order in the old city is very complicated, and the backlog of bicycles is serious. How to ensure that Meituan shared bicycles increase the quota, and at the same time do a good job in operation management? Qinhuai District Urban Management Bureau, Chaotiangong Street and Meituan Company have conducted many on-the-spot surveys on the location of shared bicycles, scientifically and rationally laid out them, and strengthened operation management and dynamic management through intelligent algorithms, real-time monitoring, and increased manpower investment.

According to the relevant person in charge of the Urban Management Department of Chaotiangong Street, the Street Urban Management has implemented five measures of "designating people, fixing posts, timing, setting scope, and setting standards" for subway entrances, popular business districts, and key road sections. Congestion sections and peak periods are centrally rectified to improve the "dredging" effect of shared bicycles, effectively solve the problem of parking and management of Meituan shared bicycles in the Qinhuai area, and form a "ecosystem" of Meituan Company’s regional operation in Qinhuai.

At the same time, in Chaotiangong Street, where Meituan has settled, there are as many as 3,000 small and micro merchants, and the Meituan platform covers 100% of the merchants. In the future development, the Meituan Jiangsu project will realize the full settlement of the entire industrial sector, carry out the pilot construction of the real-time consumption system, create an online and offline convenient life circle, and continuously improve the digital operation level of merchants.

Meituan Jiangsu project settled in Qinhuai District

It is a microcosm of the continuous hard work of Qin Huai’s "investment promotion people"

Since this year

Qinhuai District will do a better job in attracting investment with greater efforts

Building a strong industrial city and empowering high-quality development

As of the end of July, Qinhuai District had achieved a total investment of 28.75 billion yuan in contracted projects, the actual total investment was 7.75 billion yuan, 52 billion yuan projects were registered, and 24 were started or operated. Won the "red flag" incentive for the success of the city’s investment promotion ratio, and the first quarter target task progress award of the Municipal Investment Promotion Bureau. Successfully signed 49 billion yuan projects such as the China Consumer Finance Headquarters and BBK Robot. As of the end of June, 4 large-scale projects, 3 high-quality industrial projects, and 2 headquarters projects were introduced. As of the end of August, 35 activities such as the promotion meeting of the Qinhuai District and the Southern New Town Headquarters Base (Hong Kong) in Nanjing and the promotion and exchange meeting of the jewelry industry in Qinhuai District in Nanjing were successfully held.

Editor: Li Zhuo

Proofreading: Xiong Xiangning

Review: Cang Shujun

The 3rd Jiangsu Development Conference will be held in Nanjing on May 20th.

  Cctv news (Reporter Gu Jinrong) On May 14th, the reporter learned from the press conference of the 3rd Jiangsu Development Conference that the 3rd Jiangsu Development Conference with the theme of "Love Jiangsu, Build Dreams Together" will be held in Nanjing on May 20th. It was confirmed that 1002 guests attended the conference, and a large number of academicians at home and abroad, heads of key universities, heads of central enterprises and heads of fortune 500 enterprises attended the conference.

  Yang Genping, Deputy Secretary-General of Jiangsu Provincial Party Committee and Director of the General Office of the Provincial Party Committee, introduced at the press conference that the guests of this conference were invited according to the ratio of 4: 3: 3 overseas, outside the province and inside the province, and the invited targets were mainly Jiangsu nationals at home and abroad, celebrities with great influence in various fields who have studied and worked in Jiangsu, and celebrities from all walks of life who have contributed to Jiangsu’s economic and social development. Specifically, it includes eight sectors, including science and technology, education, medical and health care, culture and sports, media, finance, industry and commerce, overseas associations and overseas Chinese. As of May 10th, 1002 guests were confirmed to attend the meeting, including 420 overseas guests, 286 guests from outside the province and 296 guests from inside the province.

  According to the activity arrangement, the opening ceremony of the conference and Jiangsu Development Forum will be held on the morning of May 20th. At the opening ceremony of the conference, Comrade Xin Changxing, secretary of jiangsu provincial party committee, will give a keynote speech. At the Jiangsu Development Forum, a number of guests from home and abroad will be invited to give advice on Jiangsu’s development, and major projects will be signed.

  In the afternoon, four theme forums will be held simultaneously: Purple Mountain Science and Technology Forum, Yangtze River Business Summit, Cultural Jiangsu Construction Forum and Sanchunhui "My Su" Forum. With the theme of "scientific and technological innovation, leading the future", the Purple Mountain Science and Technology Forum invited celebrities in related fields to give special speeches on opening up new fields and new tracks, shaping new kinetic energy and new advantages for development, and to make suggestions and suggestions for building Jiangsu into a strong province of education, science and technology and talents. With the theme of "serving to build a new development pattern and promoting high-quality development", the Yangtze River Business Summit invited guests to share forward-looking thoughts and suggestions on Jiangsu’s development, and invited relevant provincial departments to introduce major foreign cooperation projects and industrial policies and hold major project contracts. With the theme of "Jiangsu context and Chinese modernization", the Cultural Jiangsu Construction Forum invited guests to give keynote speeches on "Cultural self-confidence and self-improvement and Chinese modernization", and held dialogues and exchanges on "Cultural inheritance and innovation and the construction of pioneering areas of cultural powers". The theme of Sanchunhui’s "My Su" Forum is "Hometown, Cooperation and Talents", and celebrities at home and abroad are invited to talk to the relevant departments of Jiangsu Province and the heads of various districts and cities around "I offer wisdom for the high-quality development of Jiangsu".Guide Jiangsu celebrities at home and abroad to return to mulberry and participate in Jiangsu’s economic and social development.

  On May 21st, guests will also be organized to return home for inspection. Based on local conditions, 13 districts and cities organized a series of activities of "Jointly Participating in Jiangsu Development Bank", and planned and arranged special supporting activities related to the theme of the conference. At the same time, the relevant departments and units of the province follow up the follow-up work in accordance with the requirements of "accurate docking and accurate service".

During the Spring Festival, outpatient and emergency arrangements of major hospitals in Pudong →

rabbit

year

The Spring Festival in 2023 is approaching.

Xiaowei Xiaowei takes stock for you.

Outpatient and emergency arrangements of major hospitals in Pudong area

If you need medical treatment during the Spring Festival.

You can choose a hospital nearby

Affiliated to Shanghai Jiao Tong University School of Medicine

Renji hospital

1. Resume daily outpatient service from January 30th.

2 emergency and fever clinics are open 24 hours a day.

3. Internet hospitals are open as usual.

Affiliated to Shanghai University of Traditional Chinese Medicine

Shuguang hospital

Affiliated to Shanghai Jiao Tong University School of Medicine

Shanghai Children’s Medical Center

Shanghai No.1 Maternal and Infant Health Hospital

Shanghai sixth people’s hospital

Lingang campus

Affiliated to Shanghai Jiao Tong University School of Medicine

The ninth people’s hospital Pudong campus

Huashan hospital affiliated to Fudan university

Pudong campus

Online Internet Hospital operates 24 hours a day.

Longhua Hospital Affiliated to Shanghai University of Traditional Chinese Medicine

Pudong branch

1. Stop the clinic from January 21st to 25th.

2. Normal consultation from January 26th.

Shanghai Oriental Hospital

Internet hospital synchronous offline clinic; Emergency, fever clinic, nucleic acid detection run as usual.

seventh peoples hospital of shanghai

Shanghai Pudong Hospital

Pudong New Area People’s Hospital

1. Off-line outpatient service will be closed from January 21st to 24th.

2. During the festival, the Internet clinic will open as usual.

3. The general outpatient service is arranged as follows from January 25th to 27th:

Note: There is no specialist or special disease clinic during the festival; The emergency department is open 24 hours a day.

Pudong New Area Gongli Hospital

Pudong New Area Zhou Pu Hospital

General Hospital (No.1500 Zhouyuan Road)

Kangqiao Out-patient Department (No.1476-1478 Kangshen Road)

Pudong New Area Punan Hospital

Pudong new area traditional Chinese medicine hospital

Chuansha General Hospital (No.399 Pingchuan Road)

1. From January 21st to 24th, the outpatient clinic was closed (fever clinic and respiratory clinic were opened).

2. Normal consultation will be started on January 25th.

Luoshan Branch (No.49 Wande Road)

1. The clinic will be closed from January 21st to 24th.

2. Normal consultation will be started on January 25th.

Please pay attention to the service number of Shanghai Pudong New Area Chinese Medicine Hospital for special needs and specialist outpatient service.

Pudong new area Guangming traditional Chinese medicine hospital

1. General clinic: normal clinic.

2. Expert clinic: The actual clinic information is subject to the open appointment of WeChat WeChat official account "Pudong Health".

3. Emergency: normal consultation. Emergency medicine and emergency surgery (24 hours); Orthopedics (Orthopedics) and Pediatrics (8:00-20:00)

4. Comprehensive treatment of traditional Chinese medicine: normal consultation (8:00-20:00)

5. Physical examination: normal consultation.

6. Fever clinic: open 24 hours.

Pudong New Area Maternal and Child Health Hospital

Pudong New Area Mental Health Center

Pudong new area Nanhui psyche health center

1. The general outpatient service will be closed from January 22nd to 24th.

2. The general outpatient service will run as usual from January 25th.

Pudong New Area pulmonary hospital

Pudong new area communicable disease hospital

Outpatient and emergency stop

Nanhua Hospital in Pudong New Area

Pudong new area the aged hospital

Pudong new area ophthalmology odontopathy dispensary

community health service centers

1. During the Spring Festival, the fever clinics in the community health service centers in the new district will be opened as usual, and delayed service will be provided (until 8 pm).

2. From New Year’s Eve to the third day, the general outpatient clinic will be closed.

3. From the fourth day to the sixth day, the general outpatient service resumed.

Original title: "During the Spring Festival, outpatient and emergency arrangements in major hospitals in Pudong →"

Read the original text

Announcement of Listed Companies in Shanghai Stock Exchange (June 29th)

  Tengda Construction: Winning the bid for 94.91 million yuan project.

  () On the evening of June 28th, it was announced that the company became the winning bidder of the project "Reconstruction Project of Jinmei Avenue in Huangmei County" in Hubei Province, with the winning bid of 94,912,100 yuan.

  Hongfa’s application for public offering of convertible bonds was accepted by China Securities Regulatory Commission.

  () Announcement. Recently, the company received the Acceptance Form for the Application for Administrative License of China Securities Regulatory Commission issued by China Securities Regulatory Commission (hereinafter referred to as "China Securities Regulatory Commission") on June 24, 2021 (acceptance number: 211574). The China Securities Regulatory Commission reviewed the application materials submitted by the company for the approval of the administrative license for the issuance of convertible corporate bonds by listed companies, and decided to accept the application.

  Hongfa shares: the application for issuing convertible bonds was accepted by CSRC.

  On June 28th, Hongfa announced that the company had recently received the Acceptance Form for Administrative License Application of China Securities Regulatory Commission issued by China Securities Regulatory Commission on June 24th, 2021 (acceptance serial number: 211574), and China Securities Regulatory Commission reviewed the application materials submitted by the company for approving the issuance of convertible corporate bonds by listed companies, and decided to accept the application.

  Lianming shares Lianming Group released the pledge of 20 million shares.

  () Announcement. Recently, the company received a notice from Lianming Group about the pledge of some shares. The details are as follows: On June 25, 2021, Lianming Group pledged 20 million shares of unrestricted shares to bank of dalian Co., Ltd. Shanghai Branch for pledge cancellation.

  Aonong Bio: The actual controller pledged 10 million shares and Aonong Investment pledged 13.13 million shares.

  On June 28th, () announced that the company had recently received a notice from the actual controller Wu Youlin about the pledge of shares and the controlling shareholder Aonong Investment about the deferred repurchase of some shares. This time, Wu Youlin pledged 10 million shares, accounting for 1.46% of the total share capital; And Aonong Investment will postpone the repurchase of 13.13 million pledged shares, accounting for 1.92% of the total share capital.

  Tonghua dongbao: Three-target inhibitor product (THDBH101) was approved for clinical application.

  () On the evening of June 28th, it was announced that the company’s wholly-owned subsidiary, Dongbao Zixing, applied for drug registration of triple-target inhibitor (THDBH101 capsule /WXSHC071 capsule), and recently received the approval notice of drug clinical trial issued by National Medical Products Administration, agreeing that this product can be used for clinical trial of blood sugar control in patients with type 2 diabetes. The three-target inhibitor of Dongbao Zixing (SGLT1/SGLT2/DPP4) is the first product in the world to treat type 2 diabetes by combining these three targets.

  Qu Kunsheng, Vice President of Deli, resigned.

  () Announced that the board of directors of the company recently received the resignation application from Mr. Qu Kunsheng, the vice president of the company. For personal reasons, Mr. Qu Kunsheng requested to resign as the company’s vice president. After resigning from the above position, Mr. Qu Kunsheng will no longer hold any position in the company.

  *ST Jintai’s application for non-public offering of shares was accepted by China Securities Regulatory Commission.

  () Announcement: On June 25, 2021, the company received the Acceptance Form for the Application for Administrative License of China Securities Regulatory Commission issued by China Securities Regulatory Commission ("China Securities Regulatory Commission"), and the China Securities Regulatory Commission reviewed the application materials for the administrative license for the non-public offering of A shares submitted by the company according to law, and decided to accept the application for administrative license.

  () Aquaporin, a shareholding company, is listed on the NASDAQ Copenhagen Stock Exchange.

  Botian Environment announced that Aquaporin A/S ("Aquaporin"), a wholly-owned subsidiary of Botian Environment Group (Hong Kong) Co., Ltd. ("Botian Hong Kong"), was listed on the NASDAQ Copenhagen Stock Exchange on June 28th, 2021 (CET).

  According to the announcement, before the completion of this sale, the company held 3.17% equity of Aquaporin through its wholly-owned subsidiary Botian Hong Kong, and after the completion of this sale, the company held 2.66% equity of Aquaporin through its wholly-owned subsidiary Botian Hong Kong.

  CRRC: Signed a contract of 43.55 billion yuan from March to June.

  () It was announced on the evening of June 28th that the company signed several contracts during March-June 2021, with a total amount of about 43.55 billion yuan, accounting for 19.1% of the company’s operating income in 2020.

  Shaanxi Drum Power Limited Stock Incentive Plan in 2021 was approved by Xi ‘an State-owned Assets Supervision and Administration Commission.

  () Announcement: On June 25, 2021, the company obtained the Reply of Xi ‘an State-owned Assets Supervision and Administration Commission on Xi ‘an Industrial Investment Group Company’s Request to Xi ‘an Shaanxi Drum Power Co., Ltd. to implement the 2021 Restricted Stock Incentive Plan. The main contents of the reply are as follows: I agree in principle to the 2021 Restricted Stock Incentive Plan of Xi ‘an Shaanxi Drum Power Co., Ltd.

  Shanghai medicine: the application for clinical trial of anti-tumor drug SPH6516 tablets was accepted

  () (02607) Announcement was issued. Recently, the application for clinical trial of "SPH6516 tablets" developed by the company was accepted by National Medical Products Administration.

  SPH6516 tablet has anti-tumor effect and is used for the treatment of advanced solid tumor. It has the advantages of high kinase inhibitory activity, good tumor cell proliferation inhibitory activity, strong anti-tumor effect in vivo and obvious synergistic effect of combined medication.

  The project is independently developed by Shanghai Pharmaceutical Group Co., Ltd., which has complete intellectual property rights. The project was initiated in July 2019, pre-clinical research was completed in December 2020, and clinical trial application was submitted to National Medical Products Administration in May 2021. Recently, the application for clinical trial of this project was officially accepted in National Medical Products Administration.

  Up to now, the project has invested a total of 25,583,600 yuan in R&D expenses.

  Shuangliang energy-saving subsidiary received a notice of transaction for a procurement project of reduction furnace skid.

  () Announcement: Jiangsu Shuangliang New Energy Equipment Co., Ltd., a holding subsidiary of the company, received the Notice of Transaction from Xinjiang () Engineering Project Management Co., Ltd. on June 28th.

  According to the announcement, the name of the project is the reduction furnace skid project of adding 100,000 tons of polysilicon in Inner Mongolia and 20,000 tons of polysilicon in Xinte Energy. The purchaser is Xinte Energy Co., Ltd., and the procurement scope is: modules used by multiple pairs of rod polysilicon reduction furnaces in the 100,000-ton polysilicon reduction furnace project of Xinte Energy and Inner Mongolia Xinte Silicon Materials Company.

  It is reported that the current estimated total transaction amount of the project is RMB 129 million, accounting for 6.22% of the company’s audited operating income in 2020.

  Jiulian Technology: Pre-bid for the 175 million yuan China Mobile Project.

  Jiulian Technology announced on the evening of June 28th, recently, China Mobile Purchasing and Bidding Network released "China Post and Telecommunications Equipment Group Co., Ltd. New Demand Manufacturing Service Project of its own brand intelligent gateway H2-3v and H2-3e products from June 2021 to June 2024". The company was the first selected supplier for the above projects, and the purchasing unit was China Mobile Communications Group Terminal Co., Ltd., with an estimated total bid amount of 175 million yuan.

  Tongwei’s application for issuing convertible bonds was accepted by China Securities Regulatory Commission.

  () Announcement. Recently, the company received the Acceptance Form for Administrative License Application of China Securities Regulatory Commission issued by China Securities Regulatory Commission (hereinafter referred to as "China Securities Regulatory Commission") (acceptance serial number: 211594). The China Securities Regulatory Commission reviewed the application materials for administrative license for approval of issuing convertible corporate bonds by listed companies, and decided to accept the application.

  Bank of Communications plans to increase its capital and invest 5 billion yuan in Bank of Communications.

  Bank of Communications announced that the company intends to increase the capital of its wholly-owned subsidiary, Bank of Communications Financial Assets Investment Co., Ltd. (hereinafter referred to as "Bank of Communications Investment"), with a total capital increase of RMB 5 billion. After the completion of the capital increase, the Company continued to maintain its wholly-owned holding position in Bank of Communications Investment.

  Bank of Communications Investment was established in 2017 and is wholly-owned by the Company. At present, the registered capital is RMB 10 billion, which is the first batch of pilot bank debt-to-equity swap institutions identified by the State Council. Since its establishment, Bank of Communications Investment has actively responded to national policies, and strived to play the role of the main force of market-oriented debt-to-equity swaps and build a professional market brand.

  The subsidiary of Dongyangguang Holdings has obtained the drug registration certificate of Atorvastatin Calcium Tablets.

  () Announcement: Dongguan Yangzhikang Pharmaceutical Co., Ltd., a holding subsidiary of the company, recently received the Drug Registration Certificate approved and issued by the Food and Drug Administration.

  The announcement shows that the name of the drug involved in the certificate is: atorvastatin calcium tablets; It is suitable for hypercholesterolemia and can reduce the risk of nonfatal myocardial infarction, fatal and nonfatal stroke, revascularization, hospitalization due to congestive heart failure and angina pectoris. Atorvastatin calcium is a selective and competitive inhibitor of HMG-CoA reductase. It can reduce the plasma cholesterol and lipoprotein levels by inhibiting the synthesis of HMG-CoA reductase and cholesterol in the liver, and enhance the uptake and catabolism of low-density lipoprotein by increasing the number of LDL receptors on the surface of liver cells.

  This product will become one of the company’s products in the field of cardiovascular disease treatment after listing, which will further enrich the company’s product portfolio and also provide patients with excellent drug selection with both quality and price.

  Hongsheng shares elected Xu Rongfei as chairman of the board of supervisors.

  () Announcement was issued. The company held the first meeting of the Fourth Board of Supervisors on June 28th, 2021, reviewed and approved the Proposal on Electing the Chairman of the Fourth Board of Supervisors, and elected Xu Rongfei as the Chairman of the Fourth Board of Supervisors for a term of three years from June 28th, 2021.

  Danghong Technology awarded 320,000 restricted shares to the incentive object.

  When Hong Technology issued an announcement, the company determined June 28th, 2021 as the grant date, and granted 320,000 second-class restricted shares to 11 incentive targets at the grant price of RMB 50.50 per share.

  The controlling shareholder of Macalline released the pledge of 62.7 million shares.

  () Announcement, the company recently received a notice from Red Star Holdings that Red Star Holdings has recently completed the procedures for releasing the pledge of some shares, and this time, 62.7 million shares were pledged, accounting for 2.30% of its shares.

  Guojin Securities: The fifth short-term financing bill of 2021 was issued on June 25th.

  Guojin Securities announced after hours on June 28th that the fifth short-term financing bonds of the company in 2021 had been issued on June 25th, 2021, referred to as "21 Guojin Securities CP005", and the redemption date was September 24th, 2021. The actual issuance amount was RMB 500 million, accounting for 2.59% of coupon rate.

  Zhongtai Securities: Providing a total guarantee of HK$ 850 million for Zhongtai International.

  () After-hours announcement on June 28th, in order to accelerate the development of the company’s overseas business and supplement the daily working capital of Zhongtai International, on June 25th, the company signed the Guarantee Cooperation Agreement with Jinan Branch of China Merchants Bank, and the company applied to Jinan Branch of China Merchants Bank for issuing a letter of guarantee for obtaining overseas bank loans for Zhongtai International, providing a total guarantee of HK$ 850 million for Zhongtai International, with a guarantee period of 12 months.

  *ST Haichuang: About 109 million shares held by Ocean Garden will be auctioned by the judiciary.

  On June 28th, () announced that the company received the Auction Announcement issued by Shanghai No.1 Intermediate People’s Court on June 28th, 2021, and Shanghai No.1 Intermediate People’s Court will openly and judicially auction about 109.21 million B shares held by Ocean Garden Holdings Ltd on Taobao from 10: 00 on August 14th, 2021, accounting for 8.38% of the company’s total share capital, and all the above shares have been judicially auctioned. The starting price of this auction is 72.398203 million yuan, and the deposit to be paid is 7.24 million yuan, and the price increase range is 300,000 yuan and its multiples.

  *ST Haichuang’s recent average cost is 1.62 yuan, and the stock price runs below the cost. In the bull market, it is currently in the stage of falling back and the decline is accelerating. In the past five days, there has been no overall inflow or outflow of funds in this unit. Since the 0 th day of listing, the main opening behavior is not obvious and has not been controlled. The company’s operating conditions are acceptable, and it has not been significantly recognized by most institutions for the time being, so it can continue to pay attention to it in the future.

  Tianchen Medical: The accumulated government subsidy is 4,317,900 yuan.

  On June 28th, Tianchen Medical announced that from July 1st, 2020 to June 28th, 2021, the company had received a total of about 4,317,900 yuan of government subsidies, including about 4,317,900 yuan related to income and 0 yuan related to assets.

  The recent average cost of Tianchen Medical is 30.95 yuan, and the stock price runs above the cost. Bull market, and there is an accelerated upward trend. Mid-line buy signal has been found. In the past five days, the stock funds have generally been in an outflow state. According to statistics, the main chips are scattered in the past 10 days, showing a state of low control. The company’s operation is not good, but most institutions believe that the stock has long-term investment value.

  (): The consortium plans to win the bid for the PPP project of resource treatment and utilization of livestock manure in Guanyun County with 246 million yuan.

  On June 28th, China Holdings announced that the company had received the announcement of the pre-winning result issued by Zhongxin Chuangda Consulting Co., Ltd., and confirmed that the consortium of the company and Changjiang Eco-environmental Protection Group Co., Ltd. was the pre-winning unit for the resource treatment and utilization of livestock manure in Guanyun County. The total investment of this project is about 246 million yuan.

  This project is the company’s first PPP project for recycling livestock manure in the Yangtze River Delta region, and it is a positive response and effective implementation of the policy of "accelerating the treatment and recycling of livestock manure". The project will open an important link in the "4+1" ecological environment control project-agricultural non-point source pollution control, realize the comprehensive coverage, construction and development of the "4+1" project, set a good example for the treatment and utilization of organic wastes in the Yangtze River Delta region, and provide a typical experience that can be referenced and used for reference. At the same time, based on the governance route of "negative carbon emission, energy recovery and resource recycling", the consortium will actively contribute to carbon neutrality and Yangtze River protection, and promote the high-quality development of the Yangtze River Economic Belt.

  The recent average cost of China Holdings is 9.92 yuan, and the stock price runs below the cost. In the past five days, the stock funds have generally been in an outflow state. According to statistics, the main chips are very concentrated in the past 10 days, showing a high degree of control. The company’s operating conditions are acceptable, and most institutions believe that the long-term investment value of the stock is high, so investors can pay more attention to it.

  Chendian International: The subsidiary plans to sign a franchise agreement for Songshan Sewage Treatment Plant in Anren County.

  On June 28th, () announced that recently, Hunan Chendian (Anren) Water Co., Ltd. (hereinafter referred to as Anren Water or Party B), a holding subsidiary of the company, intends to sign the Franchise Agreement of Songshan Sewage Treatment Plant in Anren County with Anren Housing and Urban-Rural Development Bureau (hereinafter referred to as Anren Housing and Construction Bureau or Party A), which was reviewed and approved at the 13th (temporary) meeting of the 6th Board of Directors of Chendian International.

  This project is a stock project that has been completed and upgraded, and the sewage treatment scale is 10000 t/d. The unit price of initial sewage treatment service fee is subject to the bid price, which is 3.31 yuan/ton. According to the Asset Appraisal Report of Songshan Sewage Treatment Plant in Anren County, the asset appraisal price of this project is 87.1276 million yuan, and the asset appraisal price is taken as the counter price of the franchise right of this project.

  The recent average cost of Chendian International is 6.82 yuan, and the stock price runs above the cost. In the past five days, there has been no overall inflow or outflow of funds in this unit. According to statistics, in the past 10 days, the main force has concentrated a certain amount of chips, showing a moderate control state. The company’s operating conditions are acceptable, and it has not been significantly recognized by most institutions for the time being, so it can continue to pay attention to it in the future.

  Riying Electronics terminated major asset restructuring and resumed trading on June 29th.

  On the evening of June 28th, () announced that Riying Electronics decided to terminate the planning of major asset restructuring, and the company’s shares resumed trading since the market opened on June 29th.

  According to the announcement, on June 11th, Riying Electronics signed an intention agreement with Sun Hui and Sun Yafeng on equity acquisition, stipulating that Riying Electronics intends to purchase not less than 73.34% of the shares of Lane by issuing shares and paying cash.

  Riying Electronics said that due to the failure to reach an agreement with some counterparties on the core terms of this major asset restructuring plan, such as the issuance of shares and cash payment arrangements, performance gambling arrangements, and estimated pricing, and considering the funds of the target company comprehensively, if we continue to promote this major asset restructuring, we will face greater uncertainty. After carefully studying the opinions of all parties concerned and reaching consensus with the parties concerned, the parties concerned have carefully studied and decided to stop planning this major asset restructuring.

  Zhonghui, the shareholder of Jinhui Liquor, pledged and pledged 28.73 million shares.

  () Announcement was issued. On June 28th, 2021, the company received a notice from the shareholder Longnan Zhonghui Investment Management Center (Limited Partnership) (hereinafter referred to as "Zhonghui Investment"), and Zhonghui Investment released its pledge to 28.73 million shares of Longnan Branch of Lanzhou Bank Co., Ltd. (hereinafter referred to as "Lanzhou Bank") and went through the formalities of continuing pledge.

  Aladdin: It is planned to issue convertible bonds of no more than RMB 401 million.

  Aladdin announced on the evening of June 28th that it plans to issue convertible bonds of no more than 401 million yuan to unspecified objects, which will be used for the construction of Aladdin’s high-purity scientific research reagent R&D center and its supporting projects, high-purity scientific research reagent production base project, Zhangjiang biochemical reagent R&D laboratory project and supplementary working capital.

  The proportion of multi-shareholders of Ganli Pharmaceutical who intend to reduce their holdings does not exceed 3%.

  () Announcement: Minghua Innovation, a shareholder holding more than 5% of the company’s shares, intends to reduce its holdings by no more than 5,615,400 shares, that is, no more than 1% of the company’s total share capital. Wintersweet, the shareholder who holds more than 5% of the shares, intends to reduce its holdings by no more than 5,615,400 shares, that is, no more than 1% of the company’s total share capital. Shareholders Kuanjie Bohua and GS Direct intend to reduce their holdings by no more than 5,615,400 shares, that is, no more than 1% of the company’s total share capital.

  According to the announcement, the actual controllers of Kuanjie Bohua and GS Direct are The Goldman Sachs Group,Inc (Goldman Sachs Group), and the two entities are acting in concert.

  Jinjing Technology’s photovoltaic glass production line in Shizuishan, Malaysia and Ningxia has not yet been put into production.

  () Announcement, the closing price of the company’s stock trading on June 24, June 25 and June 28, 2021 has deviated from the value by more than 20%, which is an abnormal fluctuation of stock trading.

  As of the date of this announcement, Shandong Jinjing Energy Saving Glass Co., Ltd., the controlling shareholder of the company, holds 458 million shares of the company, all of which are unrestricted shares, accounting for 32.03% of the company’s total share capital. Shandong Jinjing Energy-saving Glass Co., Ltd. has pledged 235 million shares, accounting for 51.32% of its shares and 16.44% of the company’s total share capital.

  On June 25th, 2021, shanghai securities news published the article "Jinjing Technology Photovoltaic Glass and Energy-saving Building Glass Production Line will be put into production one after another". The company clarified the description as follows:

  The photovoltaic glass production lines laid out by the company in Shizuishan, Malaysia and Ningxia have not yet been put into production, and the 550T/D LOW-E coated glass production line of the company headquarters has been successfully ignited in December 2020.

  Xintianranqi: It is planned to acquire 180 million shares of common stock of Yamei Energy through an agreement of HK$ 226 million.

  () On the evening of June 28th, it was announced that Hong Kong Liming, a subsidiary of Sun Company, signed a share purchase agreement with shenzhen tong Yu, and Hong Kong Liming received 181 million common shares of Yamei Energy held by shenzhen tong Yu for HK$ 226 million, accounting for 5.33% of the issued shares of Yamei Energy. After the transaction is completed, the total number of shares held by Hong Kong Liming in Yamei Energy will reach 1.934 billion shares, accounting for 56.98% of the issued shares of Yamei Energy. This share purchase is conducive to promoting the development layout of the company’s whole industry and enhancing the company’s core competitiveness, profitability and future growth ability.

  China Jiaojian plans to bring China Housing Group and others to invest in a comprehensive urban renewal and reconstruction project in Guiyang.

  () Announcement: CCCC Investment, a subsidiary company of the company, plans to set up a project company with a cash contribution of about 2.45 billion yuan together with Zhongfang Group and Yunyan City, subsidiaries of CCCC Group, the controlling shareholder of the company, according to the ratio of 49.5%:49.5%:1%, and jointly invest in the comprehensive urban renewal project of Renmin Avenue (Yunyan section) in Guiyang. All shareholders have the same shares and the same rights. Among them, China Communications City Investment Co., Ltd. plans to invest 1.213 billion yuan and hold 49.5% of the equity of the project company.

  The announcement shows that the project is in line with the company’s implementation of the business strategy of "three majors, two majors and two advantages". The project is located in the core of Guiyang City, and the investment risk is controllable. The company’s cooperation with Zhongfang Group is conducive to making full use of resources, realizing complementary advantages, enhancing the overall value of the region and promoting the development and exploration of urban renewal business.

  Senter shares: the cooperation with Longji shares is still in the initial stage, and the company has not yet carried out BIPV project construction.

  On the evening of June 28th, () announced the stock price change. The cooperation between the company and () is still in the initial stage, and no specific projects are involved. Whether it can be implemented is still uncertain. The company’s main business is to provide integrated services for the design, construction and installation of high-end building metal enclosure system, which has not changed, and has not taken orders for BIPV projects or carried out BIPV projects.

  There is no information that should be disclosed but not disclosed in the stock price change of Senter shares.

  Saint shares announced that the company’s shares had daily limit for three consecutive trading days on June 24, June 25 and June 28, 2021, and the deviation of the closing price increase was more than 20%, which was an abnormal fluctuation of stock trading according to the relevant provisions of the Trading Rules of Shanghai Stock Exchange.

  After the company’s self-examination, as of the disclosure date of this announcement, it is confirmed that there is no significant information that should be disclosed but not disclosed.

  Nangang intends to issue corporate bonds of no more than 400 million yuan.

  () Announce that the company intends to publicly issue corporate bonds of no more than RMB 400 million (including RMB 400 million) to professional investors for a period of no more than 5 years (including 5 years).

  At least 70% of the funds raised by this corporate bond is intended to be used for the construction of green industry projects that meet the Catalogue of Green Bond Support Projects (2021 Edition) compiled by the Green Finance Committee of China Finance Association and focus on the field of carbon emission reduction, and no more than 30% of the funds raised will supplement the working capital.

  Zhenhua Heavy Industry Co., Ltd.: It is planned to sell COSCO Haikong shares at an appropriate opportunity.

  () On the evening of June 28th, it was announced that the company planned to sell its shares in () through call auction and block trading, and the number of shares sold was no more than 55,611,100.

  Zhenhua Heavy Industry Co., Ltd.: It is planned to sell COSCO Haikong shares at an appropriate opportunity.

  Zhenhua Heavy Industry announced on the evening of June 28th that the company plans to sell its shares of COSCO Haikong through call auction and block trading, and the number of shares sold will not exceed 55,611,100.

  Borui Medicine: Micafenone Sodium for Injection passed the consistency evaluation of generic drugs.

  On June 28th, Borui Pharmaceutical announced that recently, Borui Pharmaceutical (Suzhou) Co., Ltd. ("Borui Pharmaceutical"), a wholly-owned subsidiary of the company, received the Notice of Approval for Drug Supplement Application approved by National Medical Products Administration, and the micafungin sodium for injection produced by Borui Pharmaceutical passed the consistency evaluation of generic drug quality and efficacy.

  Micafenone sodium for injection is indicated for infections caused by Aspergillus and Candida, including mycosis, respiratory tract mycosis and gastrointestinal mycosis.

  This conformity evaluation will help to improve the market competitiveness of the drug, but it will not have a significant impact on the company’s recent performance.

  The recent average cost of Borui Medicine is 42.55 yuan, and the stock price runs below the cost. In the short market, and there is an accelerated downward trend. In the past five days, the stock funds have generally flowed in. According to statistics, the main chips are very concentrated in the past 10 days, showing a high degree of control. The company’s operating conditions are acceptable, and most institutions believe that the long-term investment value of the stock is high, so investors can pay more attention to it.

  Rongbai Technology: All overdue accounts receivable of Bike battery are recovered.

  Rongbai Technology announced on the evening of June 28th that as of June 28th, the overdue accounts of Shenzhen Bike Power Battery Co., Ltd. and Zhengzhou Bike Battery Co., Ltd. totaling 208 million yuan had been fully recovered by means of cash payment and payment offset. Up to now, the balance of accounts receivable of Bike Battery is zero.

  Wentai Technology’s public offering of convertible bonds was approved by the Issuance Audit Committee of China Securities Regulatory Commission.

  () Announcement. On June 28th, 2021, the 68th working meeting of the 18th Issuance Review Committee of China Securities Regulatory Commission (hereinafter referred to as "CSRC") reviewed the company’s application for public issuance of convertible corporate bonds. According to the results of the meeting, the company’s application for public offering of convertible corporate bonds was approved.

  Fuxin Software plans to purchase a real estate construction R&D center in Fuzhou with 42.22 million yuan of super-raised funds.

  Fuxin Software announced that the company plans to use 42.22 million yuan of super-raised funds to purchase real estate in Fuzhou for the construction of R&D center to meet the needs of the company’s business scale expansion, and at the same time reserve sufficient office space for continuous talent introduction.

  Nangang Co., Ltd.: The estimated investment of participating in the joint venture company to implement the second phase of the coke project is about 545 million US dollars.

  On June 28th, Nangang announced that, Hainan Jinmancheng Technology Investment Co., Ltd. ("Hainan Jinmancheng"), a subsidiary of the company, plans to cooperate with Hainan Dongxin Enterprise Management Partnership (Limited Partnership) ("Hainan Dongxin"), Newera Development Pte. Ltd. ("Newer A"), Xuyang Investment (Hainan) Co., Ltd. ("Xuyang Investment") and Jiangsu Shagang Coal Coke Investment Co., Ltd. Jointly set up Jinxiang New Energy (joint venture company) in Qingshan Industrial Park ("Qingshan Industrial Park") in Morowali County, Sulawesi Province, Indonesia, and implement the project with an annual output of 3.9 million tons of coke ("Coke Project Phase II"), with an estimated investment of about 544.68 million US dollars.

  It is reported that the board of directors of the company has agreed that the authorized capital of the joint venture company will be USD 1 million when it is established, and all parties to the joint venture will pay the capital in USD in cash according to the notice of the board of directors of the joint venture company and Indonesian laws. Hainan Jin Mancheng will subscribe to the authorized capital of the joint venture company of USD 510,000 (accounting for 51% of the shares). After the subsequent approval by the shareholders’ meeting of the joint venture company, each party will increase the authorized capital to no more than 40% of the total investment of the project to be invested according to its own shareholding ratio. Additional authorized capital will be paid according to the progress of capital demand of the project to be invested. Hainan Jinmancheng invested USD 111,115,600 with its own funds according to the shareholding ratio of 51%, and the company will increase the capital of Hainan Jinmancheng according to the progress of this project.

  60% of the total investment of the project is financed by Jinxiang New Energy, led by Hainan Jinmancheng. If 60% of the total investment of the project is unable to obtain project financing or fails to obtain project financing in full, the shareholders of Hainan Jinmancheng, Xuyang Investment and Shagang Coal Coke shall be responsible for providing funds to the joint venture company in the form of shareholder loan at a ratio of 51:20:7, and the interest on shareholder loan shall not be higher than the annual interest rate of Libor USD (December) +400BP.

  In November, 2020, the company announced the investment matters of implementing the first phase of the coke project in Indonesia. The first and second phases of the coke project are located in Qingshan Industrial Park, which has good synergy and scale benefits.

  The recent average cost of Nangang Co., Ltd. is 3.61 yuan, and its share price runs below the cost. In the short market, it is currently in the rebound stage, and investors can pay due attention to it. Mid-line buy signal has been found. In the past five days, there has been no overall inflow or outflow of funds in this unit. According to statistics, the main chips are scattered in the past 10 days, showing a state of low control. The company’s operating conditions are acceptable, and most institutions believe that the long-term investment value of the stock is high, so investors can pay more attention to it.

  China Jiaojian: CCCC plans to invest 1.213 billion yuan to participate in the comprehensive urban renewal and reconstruction project of Renmin Avenue (Yunyan section) in Guiyang.

  On June 28th, China Jiaojian announced that on June 28th, 2021, the 50th meeting of the 4th Board of Directors of the Company reviewed and approved the Proposal on CCCC Investment and CCCC Real Estate Investment in Guiyang Renmin Avenue (Yunyan Section) Urban Renewal Comprehensive Reconstruction Project, and agreed that CCCC Investment, a subsidiary company of the Company, and its related parties, Zhongfang Group and Yunyan City, should be more in accordance with the ratio of 49.5%:49.5%:1%. Among them, China Communications City Investment Co., Ltd. plans to invest 1.213 billion yuan and hold 49.5% of the equity of the project company.

  Zhongfang Group is a subsidiary of China Communications Group, the controlling shareholder of the company. This joint investment constitutes a related party transaction, involving a related party transaction amount of 1.213 billion yuan.

  The project is located in the core area of Yunyan District, Guiyang City, and belongs to the urban renewal project of Guiyang City. It adopts the mode of "redevelopment of inefficient urban land". The project contents include project planning and design, resettlement and reconstruction, infrastructure and public service facilities construction, housing construction investment, industrial development service management, etc.

  The project is in line with the company’s implementation of the business strategy of "three majors, two majors and two superiorities". The project is located in the core of Guiyang city, and the investment risk is controllable. The company’s cooperation with China Housing Group is conducive to making full use of resources, realizing complementary advantages, enhancing the overall value of the region and promoting the development and exploration of urban renewal business.

  The recent average cost of China Jiaojian is 6.53 yuan, and the stock price runs below the cost. In the short market, it is currently in the rebound stage, and investors can pay due attention to it. In the past five days, there has been no overall inflow or outflow of funds in this unit. According to statistics, the main chips are very concentrated in the past 10 days, showing a high degree of control. The company’s operating conditions are acceptable, and most institutions believe that the long-term investment value of the stock is high, so investors can pay more attention to it.

  CITIC Securities was promised by the largest shareholder to subscribe for the allotted shares in full.

  On June 28th, CITIC Securities announced that it had received the Letter of Commitment on Full Subscription of the Allotable Shares of CITIC Securities Co., Ltd. issued by China CITIC Co., Ltd., the largest shareholder of the company, and promised to subscribe for the full allotment shares determined by the company’s allotment plan in cash according to the number of shares held by date of record after the closing of this allotment.

  CITIC Securities said that the subscription commitment can only be fulfilled after the company’s share allotment plan is reviewed and approved by the shareholders’ meeting and approved by the China Securities Regulatory Commission.

  Funeng Technology: Become a supplier of lithium battery system assembly in liuzhou wuling.

  On June 28th, Funeng Technology announced that it had recently received the Letter of Intent for Purchasing from liuzhou wuling Automobile Industry Co., Ltd. ("liuzhou wuling"). Inform the company to become its lithium battery system assembly supplier, providing power battery systems for several models. According to the sales plan of liuzhou wuling, in June 2022, the company began to supply in bulk to liuzhou wuling, and it is estimated to supply about 200,000 sets of power battery systems.

  The cooperation between the company and liuzhou wuling can alleviate the risk of high customer concentration, enrich the customer structure and strengthen the company’s ability to resist risks. Since liuzhou wuling has a certain market position in the new energy automobile industry, the cooperation between the company and it will help to increase the company’s market share, increase operating income and bring new impetus to performance growth.

  The recent average cost of Funeng Technology is 35.20 yuan, and the stock price runs above the cost. Bull market, and there is an accelerated upward trend. In the past five days, the stock has seen more capital inflows. According to statistics, the main chips are scattered in the past 10 days, showing a state of low control. The company’s operating conditions are acceptable, and most institutions believe that the long-term investment value of the stock is high, so investors can pay more attention to it.

  Taihua New Materials’ application for public offering of convertible bonds was approved.

  () Announcement: The company recently received a reply from the China Securities Regulatory Commission, approving the company to publicly issue convertible corporate bonds with a total face value of 600 million yuan.

  Sunong Bank: Shareholder Suzhou Huanya released 42.7 million shares from pledge and re-pledged them.

  On the evening of June 28th, () announced that the company had recently received a notice from Suzhou Huanya, a shareholder, about the pledge and re-pledge of some shares. It is reported that on June 23, Suzhou Huanya released its pledge of 42.7 million unrestricted shares of the company pledged to Bank of Communications. On the same day, Suzhou Huanya handled the pledge procedure of 42.7 million shares of the company’s unrestricted shares to CITIC Bank, and the relevant procedures were completed on June 24.

  Sunong Bank: Shareholder Suzhou Huanya released 42.7 million shares from pledge and re-pledged them.

  On the evening of June 28th, Sunong Bank announced that it had recently received a notice from Suzhou Huanya, a shareholder, about the pledge and re-pledge of some shares. It is reported that on June 23, Suzhou Huanya released its pledge of 42.7 million unrestricted shares of the company pledged to Bank of Communications. On the same day, Suzhou Huanya handled the pledge procedure of 42.7 million shares of the company’s unrestricted shares to CITIC Bank, and the relevant procedures were completed on June 24.

  Sunong Bank: Shareholder Suzhou Huanya released 42.7 million shares from pledge and re-pledged them.

  On the evening of June 28th, Sunong Bank announced that it had recently received a notice from Suzhou Huanya, a shareholder, about the pledge and re-pledge of some shares. It is reported that on June 23, Suzhou Huanya released its pledge of 42.7 million unrestricted shares of the company pledged to Bank of Communications. On the same day, Suzhou Huanya handled the pledge procedure of 42.7 million shares of the company’s unrestricted shares to CITIC Bank, and the relevant procedures were completed on June 24.

  Wuxi Bank: The conversion price will be adjusted from 5.79 yuan/share to 5.61 yuan/share on July 6.

  On the evening of June 28th, the announcement issued by () showed that the bank will adjust the conversion price of A-share convertible corporate bonds according to the profit distribution plan for 2020 on July 6th. The conversion price after this adjustment is 5.61 yuan/share, and the conversion price before adjustment is 5.79 yuan/share.

  Luoyang Glass’s application for non-public offering of A shares was approved by China Securities Regulatory Commission.

  () Announcement: Recently, the company received the Reply on Approving the Non-public Offering of Luoyang Glass Co., Ltd. issued by China Securities Regulatory Commission ("China Securities Regulatory Commission").

  According to the announcement, the China Securities Regulatory Commission has approved the company to issue no more than 165 million new shares in a non-public manner, and if the total share capital changes due to capitalization, the number of this issue can be adjusted accordingly. The reply is valid for 12 months from the date of approval of issuance.

  Sailing cable: it is proposed to push the restricted stock incentive plan in 2021.

  On June 28th, () disclosed the 2021 restricted stock incentive plan (draft), and Qifan Cable intends to grant restricted shares to the incentive object. The type of the underlying shares involved is RMB A-share ordinary shares, and the number of the underlying shares involved is 18,319,000 shares (subject to the actual subscription number), accounting for 4.57% of the total share capital of the company on the day of announcement of the draft incentive plan. There is no reserved interest in this equity incentive. The grant price is 10.23 yuan/share.

  The total number of incentive objects awarded by this incentive plan is 361. The period of validity shall be from the date when the restricted shares granted to the incentive object are registered to the date when all the restricted shares granted to the incentive object are cancelled or repurchased, and the longest period shall not exceed 48 months.

  The recent average cost of Qifan cable is 20.46 yuan, and the stock price runs above the cost. Bull market, and there is an accelerated upward trend. In the past five days, the stock has seen more capital inflows. According to statistics, the main force did not control the disk in the past 10 days. The company’s operating conditions are acceptable, and it has not been significantly recognized by most institutions for the time being, so it can continue to pay attention to it in the future.

  Qingdao Port: It is planned to invest 183 million yuan in the construction of Shandong Port with 51% equity of Qingdao Port Engineering.

  On June 28th, () announced that the company invested 51% of its wholly-owned subsidiary Qingdao Port (Group) Port Engineering Co., Ltd. ("Qingdao Port Engineering") at a price of RMB 183 million to increase the capital of Shandong Harbor Construction Group Co., Ltd. ("the target enterprise").

  Other investors of the target enterprise include Qingdao Port (Group) Co., Ltd. ("Qingdao Port Group"), Shandong Port Group Co., Ltd. ("Shandong Port Group"), Shandong Port Yantai Port Group Co., Ltd. ("Yantai Port Group") and Shandong Port ("Rizhao Port Group").

  After the capital increase of the target enterprise by the company and other investors is completed, the company’s capital contribution to the target enterprise is RMB 183 million, which will account for 9.62% of the total registered capital of the target enterprise after the capital increase of all investors is completed. And the company will hold 49% equity of Qingdao Port, and Qingdao Port will become a shareholding company of the company and will no longer be included in the scope of the company’s consolidated statements; The company will hold 9.62% of the equity of the target enterprise, and the target enterprise will become the company’s shareholding company and will not be included in the scope of the company’s consolidated statements.

  The target enterprise has extensive technical reserves in water transport engineering and construction engineering, and has strong synergy with Qingdao Port tools in terms of market, customers and technology. This transaction is conducive to promoting the target enterprises and Qingdao port workers to share resources, complement each other’s advantages, expand the market and enhance their competitiveness.

  The recent average cost of Qingdao Port is 6.17 yuan, and the stock price runs below the cost. In the past five days, there has been no overall inflow or outflow of funds in this unit. According to statistics, the main chips are very concentrated in the past 10 days, showing a high degree of control. The company’s operating conditions are acceptable, and most institutions believe that the long-term investment value of the stock is high, so investors can pay more attention to it.

  The total reduction ratio of shareholders of Sanyou Medical, Taige Yingke and concerted parties reached 1%.

  Sanyou Medical announced that the shareholders of the company, Taige Yingke and its concerted actions, Yingke Hengtong and Yingke Shengxin, reduced their holdings of 2,054,700 shares from May 25, 2021 to June 28, 2021, accounting for 1% of the company’s total share capital.

  Kehui Co., Ltd. appointed Huanghe as the representative of securities affairs.

  Kehui shares announced that the board of directors of the company agreed to appoint Mr. Huang He as the representative of the company’s securities affairs to assist the secretary of the board of directors in daily work. The term of office will be from the date of deliberation and approval at the tenth meeting of the third board of directors to the date of expiration of the third board of directors.

  Zhao Yan, independent director of Kehui, resigned.

  Kehui shares announced that Mr. Zhao Yan, the former independent director of the company, had recently submitted a resignation report to the company for personal reasons, applying to resign as an independent director of the third board of directors of the company and the corresponding duties of the special committee under the board of directors. After resigning, Mr. Zhao Yan no longer holds any position in the company.

  After the qualification examination of the nomination committee of the third board of directors of the company, Mr. Wang Chuanshun was nominated by the board of directors of Shandong Kehui Electric Power Automation Co., Ltd. as the candidate for independent director of the third board of directors of the company. The board of directors agreed to nominate Mr. Wang Chuanshun as the candidate for independent director of the third board of directors of the company, and his term of office will be from the date of deliberation and approval at the first extraordinary general meeting of shareholders in 2021 to the date of expiration of the term of office of the third board of directors.

  Hengxuan Technology distributed a cash dividend of 0.168 yuan per share.

  Hengxuan Technology announced that the company distributed a cash dividend of 0.168 yuan (including tax) per share, with a total cash dividend of 20,160,000 yuan. Date of record 2021/7/5, ex-dividend (interest) day 2021/7/6.

  Fuxin Technology: Luan Dongfang, the core technician, resigned.

  Fuxin Technology announced that Mr. Luan Dongfang, the company’s core technician, recently applied for resignation due to the need to take care of his family, and completed the resignation procedures. After leaving the company, Mr. Luan Dongfang no longer holds any position in the company.

  China Yizhong: It is planned to acquire 38.74% equity of Zhongpin Shengde held by Yizhong Group for 2.392 billion yuan.

  On June 28th, () announced that the company intends to acquire 38.74% equity of Zhongpin Shengde International Development Co., Ltd. ("Zhongpin Shengde") held by controlling shareholder China Yizhong Group Co., Ltd. ("Yizhong Group") in cash of RMB 2.392 billion.

  Up to now, Yizhong Group holds 63.88% shares of China Yizhong, which is the controlling shareholder and related legal person of the company; The actual controller of Yizhong Group is the State Council State-owned Assets Supervision and Administration Commission.

  Upon completion of this transaction, China Yizhong will hold 38.74% equity of Zhongpin Shengde and indirectly enjoy 23.00% equity of Indonesia Delong Nickel Industry Co., Ltd. ("Indonesia Delong").

  Through this acquisition, the company will further enhance the profitability of listed entities and enhance the company’s comprehensive competitiveness, which is conducive to the company’s long-term development.

  China Yizhong’s recent average cost is 2.80 yuan, and its share price runs below the cost. In the past five days, the stock funds have generally flowed in. According to statistics, the main chips are scattered in the past 10 days, showing a state of low control. The company’s operating conditions are acceptable, and it has not been significantly recognized by most institutions for the time being, so it can continue to pay attention to it in the future.

  Bank of Nanjing: Nanyin convertible bonds will be listed and traded on July 1.

  On the evening of June 28th, Bank of Nanjing announced that with the approval of the Shanghai Stock Exchange’s Decision on Self-regulation [2021] No.285, the bank’s 20 billion yuan convertible corporate bonds will be listed and traded on the Shanghai Stock Exchange from July 1st, with the bond code "113050.SH" for short.

  Xuetian Salt Industry plans to issue shares to purchase 100% equity of Xiangyu Salt Chemical Company to expand the scale of salt production.

  () Announced that Xuetian Salt Industry intends to purchase 100% equity of Xiangyue Salt Chemical from the counterparties of Light Salt Group, Light Salt Shengfu Fund and Valin Jinshan. Through friendly negotiation between the parties to the transaction, the consideration for the 100% equity transaction of Xiangyu Salt Chemical Company was determined to be 1.92 billion yuan.

  It is reported that in this transaction, the average trading price of 20 listed companies before the announcement of the resolution of the 27th meeting of the third board of directors was selected as the market reference price, which was determined to be 4.71 yuan/share according to the principle of not less than 90% of the average trading price of the companies in the 20 trading days before the pricing benchmark date. The number of shares issued in this transaction is 415 million shares.

  The Xiangyu Salt Chemical Company to be injected into the listed company this time has a capacity of 700,000 tons of soda ash and 700,000 tons of ammonium chloride, and its holding subsidiary, Suote Salt Chemical Company, has an annual capacity of 1 million tons of well salt.

  It is worth noting that, in terms of resources, Suote Salt Chemical, a subsidiary of Xiangyu Salt Chemical Co., Ltd., has an annual production capacity of 1 million tons of well salt. It is one of the main well salt production bases in China and has the qualification of fixed-point production and wholesale of salt. If Hunan and Chongqing salinization can be effectively integrated into listed companies, the production capacity of salt products of listed companies will be improved and the scale effect of salt production will be amplified; The salt chemical industry chain of listed companies has also been further expanded.

  In addition, this transaction will help to realize regional strategic alliance, and promote the rich salt resources of listed companies to have a good synergistic effect with the existing industrial chain of Hunan-Chongqing Salinization and Suote Salinization. If Hunan-Chongqing Salinization can be integrated into listed companies, the company can participate in the market competition in Southwest China and the Yangtze River Basin based on Hunan-Chongqing Salinization and Suote Salinization, which is of great significance to the layout of national salt sales business. It is conducive to the realization of the "three transformations" development strategic goal of listed companies "from regional companies to national companies, from pure well and mineral salt enterprises to all categories of well and mineral salt, sea salt, lake salt and imported salt, and from pure salt industry to salt industrial chain cluster", and enhances the overall competitiveness and risk resistance of the company.

  Tsingtao Brewery elected Huang Zujiang, Sun Lihong and Meng Qingshang as employee representative supervisors.

  () Announcement: The Company elected Huang Zujiang, Sun Lihong and Meng Qingshang as the employee representative supervisors of the 10th Board of Supervisors in accordance with the regulations through democratic procedures, and together with Guo Xiuzhang, yaoyu, Li Yan and Wang Yaping elected at the 2020 Annual General Meeting of Shareholders ("Annual General Meeting"), they formed the 10th Board of Supervisors of the Company, with a term of three years. They can be re-elected from the end of the annual general meeting to the expiration of the current term of the Board of Supervisors.

  Saint shares have not accepted the BIPV project order.

  On the evening of 28th, Senter announced the abnormal fluctuation of stock trading, saying that the cooperation between the company and Longji was still in its infancy, and no specific projects were involved, so there was still uncertainty about whether it could be implemented. Since June 22nd, Sant shares have gained five consecutive daily limit, and reported 42.06 yuan/share on the 28th, with a total market value of 22.662 billion yuan.

  The announcement shows that after the company’s self-examination, it is confirmed that there is no significant information that should be disclosed but not disclosed. The company’s stock has been trading daily for five consecutive trading days, and the share price has risen sharply. The dynamic P/E ratio is 123.18 times, which is significantly higher than the average level of 24.71 times in the same industry. Investors are advised to pay attention to the trading risks in the secondary market.

  According to public information, Senter shares landed on the Shanghai Stock Exchange in December 2016. Its main business is to provide integrated services for the design, construction and installation of high-end building metal enclosure systems. Its main products include metal composite curtain wall panels, single-layer panels on metal house walls and sound-absorbing barriers.

  It is worth mentioning that in March this year, Longji Co., Ltd. spent 1.635 billion yuan to acquire 131 million shares of Saint, a building materials company, accounting for 27.25% of its total share capital, becoming the second largest shareholder of Saint. The transaction price is 12.5 yuan/share, which is about 30% higher than the closing price of Senter. If calculated according to the closing price on the 28th, the market value of the shares held by Longji has risen to 5.509 billion yuan, and the book floating profit is about 3.874 billion yuan.

  After the continuous daily limit of the share price of Saint shares, Longji shares formally signed a strategic cooperation agreement with Saint shares again during the China Building Science Conference and Green Smart Building Expo on June 25th, and joined hands to enter the BIPV market. He also said that in the future, the two sides will combine their respective advantages to jointly promote the research and development of BIPV products, market development and in-depth cooperation in related fields, jointly promote the development of building photovoltaic integration industry, and help the process of carbon neutrality.

  However, the 2020 annual report of Senter Co., Ltd. shows that during the reporting period, the company’s revenue and net profit both declined, with revenue of 3.153 billion yuan, down 6.08% year-on-year; The net profit was 182 million yuan, down 14.15% year-on-year. According to the latest performance report, in the first quarter of this year, the company’s revenue and net profit were 607 million yuan and 46 million yuan respectively, up by 1.34% and 7.8% respectively.

  Saint shares have not accepted the BIPV project order.

  On the evening of 28th, Senter announced the abnormal fluctuation of stock trading, saying that the cooperation between the company and Longji was still in its infancy, and no specific projects were involved, so there was still uncertainty about whether it could be implemented. Since June 22nd, Sant shares have gained five consecutive daily limit, and reported 42.06 yuan/share on the 28th, with a total market value of 22.662 billion yuan.

  The announcement shows that after the company’s self-examination, it is confirmed that there is no significant information that should be disclosed but not disclosed. The company’s stock has been trading daily for five consecutive trading days, and the share price has risen sharply. The dynamic P/E ratio is 123.18 times, which is significantly higher than the average level of 24.71 times in the same industry. Investors are advised to pay attention to the trading risks in the secondary market.

  According to public information, Senter shares landed on the Shanghai Stock Exchange in December 2016. Its main business is to provide integrated services for the design, construction and installation of high-end building metal enclosure systems. Its main products include metal composite curtain wall panels, single-layer panels on metal house walls and sound-absorbing barriers.

  It is worth mentioning that in March this year, Longji Co., Ltd. spent 1.635 billion yuan to acquire 131 million shares of Saint, a building materials company, accounting for 27.25% of its total share capital, becoming the second largest shareholder of Saint. The transaction price is 12.5 yuan/share, which is about 30% higher than the closing price of Senter. If calculated according to the closing price on the 28th, the market value of the shares held by Longji has risen to 5.509 billion yuan, and the book floating profit is about 3.874 billion yuan.

  After the continuous daily limit of the share price of Saint shares, Longji shares formally signed a strategic cooperation agreement with Saint shares again during the China Building Science Conference and Green Smart Building Expo on June 25th, and joined hands to enter the BIPV market. He also said that in the future, the two sides will combine their respective advantages to jointly promote the research and development of BIPV products, market development and in-depth cooperation in related fields, jointly promote the development of building photovoltaic integration industry, and help the process of carbon neutrality.

  However, the 2020 annual report of Senter Co., Ltd. shows that during the reporting period, the company’s revenue and net profit both declined, with revenue of 3.153 billion yuan, down 6.08% year-on-year; The net profit was 182 million yuan, down 14.15% year-on-year. According to the latest performance report, in the first quarter of this year, the company’s revenue and net profit were 607 million yuan and 46 million yuan respectively, up by 1.34% and 7.8% respectively.

  Only Education: The controlling shareholder of Jiaotong University Industrial Group and Jiaotong University Enterprise Management Center will be changed to Shanghai SASAC.

  () Announcement: Shanghai Jiaotong University intends to transfer 90% equity of Shanghai Jiaotong University Industrial Investment Management (Group) Co., Ltd. ("Jiaotong University Industrial Group") and 100% equity of Shanghai Jiaotong University Enterprise Management Center ("Jiaotong University Enterprise Management Center") to Shanghai State-owned Assets Supervision and Administration Commission ("Shanghai SASAC") for free, and the controlling shareholders of Shanghai Jiaotong University Industrial Group and Jiaotong University Enterprise Management Center will be changed from Shanghai Jiaotong University to Shanghai SASAC.

  The announcement shows that this free transfer does not involve the change of the number of shares held by Jiaotong University Industrial Group and Jiaotong University Enterprise Management Center. The change of rights and interests due to the free transfer does not lead to the change of the company’s current situation of no controlling shareholder and actual controller.

  After the free transfer, Shanghai SASAC will hold a total of 44,623,700 shares of the company through Jiaotong University Industrial Group and Jiaotong University Enterprise Management Center, accounting for 155,728% of the company’s total share capital. Shanghai Jiaotong University still holds 2.904 million shares of the company through Jiaotong University Industrial Group, accounting for 1.0134% of the company’s total share capital.

  Only Education: The controlling shareholder of Jiaotong University Industrial Group and Jiaotong University Enterprise Management Center was changed to Shanghai SASAC.

  On the evening of June 28th, Only Education announced that Shanghai Jiaotong University intends to transfer its 90% equity of Shanghai Jiaotong University Industrial Investment Management (Group) Co., Ltd. (hereinafter referred to as "Jiaotong University Industrial Group") and 100% equity of Shanghai Jiaotong University Enterprise Management Center (hereinafter referred to as "Jiaotong University Enterprise Management Center") to Shanghai State-owned Assets Supervision and Administration Commission (SASAC) for free, and the controlling shareholders of Jiaotong University Industrial Group and Jiaotong University Enterprise Management Center will be changed from Shanghai Jiaotong University to Shanghai SASAC.

  According to the announcement, after the completion of this free transfer, Shanghai SASAC will hold 26.136 million shares of Only Education through Jiaotong University Industrial Group, accounting for 9.12% of its total share capital; Through the Enterprise Management Center of Jiaotong University, it holds 18,487,700 shares of Only Education, accounting for 6.45% of its total share capital, and holds 44,623,700 shares, accounting for 15.57% of the company’s total share capital.

  At the same time, according to the Tripartite Agreement, Shanghai State-owned Assets Supervision and Administration Commission will designate Guosheng Group to implement the follow-up management. Shanghai Jiaotong University still holds 2.904 million shares of Only Education through Jiaotong University Industrial Group, accounting for 1.01% of the company’s total share capital.

  Aidi Pharmaceutical Ainuoweilin Tablets Obtained Drug Registration Certificate

  Aidi Pharmaceutical announced that the company has obtained the Drug Registration Certificate of Ainuoweilin Tablets (namely: ACC007 Tablets) approved and issued by National Medical Products Administration on June 25th, 2021. The trade name of this medicine is Ebond. Ebond is a non-nucleoside reverse transcriptase inhibitor with a brand-new structure, and it is the company’s first class 1 anti-AIDS drug, which is used to treat newly treated patients with HIV-1 infection. After being approved for listing, Ebond is expected to fill the gap of domestic innovative drugs in this segment and effectively improve the accessibility of clinical advanced drugs.

  Avic heavy machinery successfully completed the non-public offering

  () On the evening of June 28th, the Report on Non-public Offering of Stocks was announced. The company successfully raised a net amount of RMB 1,872,226,414.86 through non-public offering, which will be mainly used for the transformation and upgrading of aviation precision die forging industry, the construction of special material isothermal forging production line and the replenishment of working capital.

  The company is mainly engaged in forging and casting, hydraulic environmental control and other businesses. In forging and casting business, domestic products are mainly aircraft fuselage wing structure forgings, small and medium-sized forgings, aero-engine disk shaft and ring forgings, aerospace engine ring forgings, small and medium-sized forgings, steam turbine blades, nuclear power blades, high-speed rail accessories, mine scrapers, automobile crankshafts and other products. Foreign products are mainly engine forgings for Rolls-Royce, IHI, ITP and other companies, and aircraft forgings for Boeing, Airbus and other companies. Over the years, we have always adhered to the responsibility of strengthening the military, highlighted the main business, followed the pace of domestic aviation industry development, and developed products covering almost all domestic aircraft and engine models, and provided supporting services for foreign aviation enterprises on this basis. In terms of hydraulic environmental control business, the products are mainly high-pressure piston pumps, motors and various types of heat exchangers, which are widely used in aviation, aerospace, construction machinery and other fields.

  Insiders pointed out that after the non-public offering of funds is completed and put into production, the company’s production capacity will be improved, and the product structure and industrial chain will be more complete, which will help the company to seize the opportunity of industrial development, significantly enhance the company’s comprehensive competitiveness, and further consolidate and strengthen the company’s industry position, which is of great significance for realizing the company’s sustainable development. (Gao Yi)

Comments on the operation of the board of directors of Baiyin Nonferrous Metals Co., Ltd. in 2022

() The business review of the Board of Directors in the first half of 2022 is as follows:

  I. Description of the industry and main business of the company during the reporting period.

(A) the macroeconomic situation in the first half of 2022

1. The global economic situation in the first half of 2022

In the first quarter of 2022, affected by the recurrent COVID-19 epidemic and other factors, the global imbalance between supply and demand intensified, the growth rate of goods trade slowed down, the inflation level increased significantly, and the economic recovery process slowed down. In the second quarter of 2022, both the global supply side and the global demand side faced downward pressure. The growth rate of industrial production, enterprise investment, household consumption and international trade slowed down, the economic growth rate dropped significantly, and the inflation level rose in an all-round way. The international financial market continued to be turbulent, the Federal Reserve initiated a radical interest rate hike policy, the US dollar index rose strongly, major stock markets fluctuated and fell, and commodity prices continued to weaken.

2. Domestic economic situation in the first half of 2022

In the first half of 2022, China’s economy faced unprecedented challenges, especially since March, due to the unexpected factors such as the new round of COVID-19 epidemic in China, the conflict between Russia and Ukraine and its sanctions, the downward pressure on China’s economy has obviously increased, which has a certain impact on the normal growth of the macro economy. With the easing of the epidemic, combined with the comprehensive efforts of macro-policies and the repair and adjustment of market players, China’s economy rebounded, with GDP growth of 2.5% in the first half of the year, and the economy stabilized and rebounded.

(II) Changes in the US dollar index and exchange rate

From January to June, 2022, the highest dollar index was 105.7913, the lowest was 94.6269, and the average value from January to June was 99.7205, which was 9.57% higher than the average value from January to June, 2021. At the end of June 2022, the closing index was 104.7057, which was 13.36% higher than the closing price at the end of June 2021. (Source:)

From January to June, 2022, the highest value of USD against RMB was 6.8150, and the lowest value was 6.3048. The average value from January to June was 6.4829, which was 128 basis points lower than the average value from January to June, 2021, with a depreciation rate of 0.20%. The closing price at the end of June 2022 was 6.6943, which was 2,331 basis points lower than that at the end of June 2021, with a depreciation rate of 3.61%.

(III) Market situation of nonferrous metals and precious metals where the company is located

In the first half of 2022, the price of non-ferrous metals rose first and then fell. From the beginning of the year to the end of April, driven by energy worries and the supply shortage caused by the Russian-Ukrainian war, non-ferrous metals rose strongly under the influence of inflation expectations and macro-emotions; Subsequently, the American hawkish action was expected to strengthen and the global economic growth rate was lowered. Since the end of April, non-ferrous prices have been under pressure. During this period, the US dollar dominated the rhythm of its volatility and retreated all the gains in the first half of the year.

1. Prices of nonferrous metals and precious metals products.

(1) Copper

From January to June, 2022, the highest price of LME-3M copper contract was $10,845/ton, and the lowest price was $8,123/ton. The average price from January to June was $9,755/ton, which was 7.35% higher than that from January to June, 2021. From January to June, 2022, the highest price of Shanghai copper main contract of Shanghai Futures Exchange was 77,270 yuan/ton, and the lowest price was 61,620 yuan/ton. The average price in January to June, 2022 was 71,536 yuan/ton, which was 7.11% higher than that in January to June, 2021.

In the first half of 2022, the overall copper price rose and fell. In the first half of the year, there were inflation expectations in the global economy. In February, the conflict between Russia and Ukraine caused the prices of crude oil, natural gas and other energy sources to rise sharply. At the same time, the extreme long-term crowding caused by the nickel incident in March further stimulated inflation speculation, so the copper price fluctuated sharply from January to April. In late April, the Federal Reserve started to raise interest rates in response to inflation, and constantly accelerated the pace of raising interest rates, which tightened the liquidity of funds. In addition, investors expected the economic recession in Europe and the United States, and copper prices entered a rapid downward trend.

(2) Zinc

From January to June 2022, the highest price of LME-3M zinc contract was USD 4,896/ton, and the lowest price was USD 3,136/ton. The average price in January to June 2022 was USD 3,799/ton, which was 33.36% higher than that in January to June 2021. From January to June, 2022, the highest price of the main contract of Shanghai Zinc in Shanghai Futures Exchange was 28,995 yuan/ton, and the lowest price was 25,525 yuan/ton. From January to June, 2022, the average price was 25,843 yuan/ton, which was 19.74% higher than that in January and June, 2021.

In the first half of 2022, the price of zinc rose first and then fell. Among them, Shanghai zinc reached a 15-year high of 28,995 yuan/ton, and fell sharply to a new low this year. Similarly, Lunzinc broke through a record high of 4,896 US dollars/ton in March and was under pressure.

(3) Lead

From January to June 2022, the highest price of LME-3M lead contract was $2,700/ton, and the lowest price was $1,883/ton. From January to June 2022, the average price was $2,265/ton, which was 8.72% higher than that in January to June 2021. From January to June, 2022, the highest price of Shanghai lead main contract in Shanghai Futures Exchange was 16,465 yuan/ton, and the lowest price was 14,680 yuan/ton. The average price in January-June, 2022 was 15,323 yuan/ton, which was 0.70% higher than that in January-June, 2021.

In the first half of 2022, the Russian-Ukrainian conflict, the European energy crisis, high inflation in overseas developed economies and the China epidemic led to limited economic activities in some areas, and the global financial market fluctuated violently. The major economies were "stock and debt bears", and commodities peaked and fell back after high shocks. The drag of the big environment led to the fall of colored high levels and the shock of lead prices. In the first half of 2022, the overall lead price showed a low volatility trend.

(4) Gold

From January to June, 2022, the highest price of COMEX gold was $2,079/ounce, and the lowest price was $1,781/ounce. From January to June, 2022, the average price was $1,877/ounce, which was 4.03% higher than the average price from January to June, 2021.

From January to June 2022, the highest price of spot gold 9999 in Shanghai Gold Exchange was 416.18 yuan/gram, and the lowest price was 368.42 yuan/gram. The average price from January to June 2022 was 391.94 yuan/gram, which was 3.59% higher than that from January to June 2021.

In the first quarter of 2022, due to the sudden escalation of geopolitical tensions between Russia and Ukraine, risk aversion rose sharply, and the sharp rise in energy prices once again ignited inflation expectations. With the double boost of safe-haven demand and inflation worries, the gold price, the US dollar index and the US bond yield rose simultaneously. Subsequently, due to the staged easing of the situation in Russia and Ukraine, the Federal Reserve started this round of interest rate hike cycle, and the price of gold fluctuated at a high level. Until mid-April, due to inflationary pressure from overseas economies, off the charts, the Federal Reserve turned completely into an eagle, and its determination to curb inflation was firm. As a result, the pace of interest rate increase by the Federal Reserve continued to exceed expectations, and the real interest rate in the United States began to rise, from negative to positive, thus suppressing the price of gold.

(5) Silver

From January to June 2022, the highest price of COMEX silver was $27/oz, and the lowest price was $20/oz. The average price from January to June 2022 was $23/oz, which was 11.79% lower than the average price from January to December 2020. From January to June 2022, the highest price of Huatong Platinum Silver 1# silver was 5313 yuan/kg, and the lowest price was 4490 yuan/kg. The average price from January to June 2022 was 4856 yuan/kg, which was 10.42% lower than that from January to June 2021. (Source: Huatong Baiyin Net)

In the first half of 2022, silver followed the trend of gold price as a whole, but the overall performance of silver was weaker than that of gold because of the double negative effects of financial and commodity attributes.

2. Output of nonferrous metals and precious metals products

According to the National Bureau of Statistics, in the first half of 2022, the industrial added value of non-ferrous metals industry increased by 5% year-on-year. The output of ten kinds of non-ferrous metals was 32.83 million tons, up by 1% year-on-year. Among them, the output of copper, aluminum and lead increased by 2.5%, 0.7% and 3.1% respectively, and the output of zinc decreased by 1.7%.

According to the latest statistics of () Association, in the first half of 2022, the domestic raw material gold output was 174.69 tons, an increase of 21.93 tons compared with the first half of 2021, and a year-on-year increase of 14.36%. Among them, 139.15 tons of gold minerals and 35.53 tons of non-ferrous by-product gold were completed.

3. Profits of non-ferrous metal mining, smelting and rolling processing industries

According to the data of National Bureau of Statistics, from January to May, 2022, the mining industry realized a total profit of 708.27 billion yuan, up 130.9% year-on-year, and the non-ferrous metal smelting and rolling processing industry realized a total profit of 29.77 billion yuan, up 54.2% year-on-year.

4. Investment in non-ferrous metals industry

From January to May 2022, investment in mining industry increased by 17.3% year-on-year, and investment in nonferrous metal smelting and rolling processing industry increased by 14.1% year-on-year. Overall, the revenue of industrial enterprises rebounded in 2022. Driven by the gradual recovery of production logistics and the smooth supply chain of industrial chain, the sales situation of industrial enterprises has improved. (Source: National Bureau of Statistics)

(4) Main business of the company

The company’s main business is the mining, smelting, processing and trade of copper, lead, zinc, gold, silver and other non-ferrous metals and precious metals. Its business covers the whole industrial chain of non-ferrous metal exploration, mining, mineral processing, smelting and processing, involving domestic and foreign regions. It is a large-scale non-ferrous metal and precious metal enterprise with deep industry accumulation and initially formed an international layout.

(five) the company’s main products and their uses

The cathode copper produced by the company is widely used in various fields such as electricity, light industry, machinery manufacturing, construction industry, etc. The downstream customers and enterprises further process the cathode copper to form deep-processed products such as copper rods, copper wires, copper plates, wires and cables. Electric lead is mainly used to manufacture lead storage batteries and anti-corrosion equipment. Zinc is mainly used for electroplating zinc, alloy manufacturing, casting of precision castings and zinc compounds and salts; Precious metal gold and silver are widely used in daily necessities plating and jewelry industries except for some exports.

In 2021, the company ranked 333rd among the top 500 enterprises in China, 22nd among non-ferrous industries and 97th among the top 100 multinational companies in China.

(VI) Business model of the company

During the reporting period, the company’s main business model has not changed significantly.

1. Production mode

In the first half of 2022, the company mainly produced copper, zinc, lead, gold and silver, and comprehensively recovered copper, zinc, lead, gold, silver, nickel, tellurium, selenium, platinum, palladium, indium, rhenium, bismuth and other rare precious metals and sulfuric acid. The company’s main products were organized and produced by international standards.

In copper smelting, the company adopts the smelting process of "flash furnace system flash smelting furnace" which has reached the world advanced level.

In the field of lead and zinc, the company adopts low-pollution jarosite wet zinc smelting process and ISP zinc smelting process, with advanced technology and obvious complementary advantages.

In production management, the company relies on the continuous and effective operation of the three systems of GB/T19001-2016 quality management, GB/T24001-2016 environmental management and GB/T45001-2020 occupational health and safety management to ensure that the product quality is strictly controlled, and the main economic and technical indicators have reached the domestic advanced level.

Adhering to the development path of innovative economies of scale, the company continued to vigorously carry out technological innovation, made new breakthroughs in independent innovation of core technologies, steadily advanced the upgrading of production technologies, comprehensively improved the level of comprehensive utilization of resources, gradually formed a new format of circular economy, made new progress in green sustainable development, made solid progress in industrial upgrading, integrated development of resources and international operation, and continuously improved the company’s profitability and competitiveness.

2. Purchasing mode

The company’s procurement mode is mainly divided into domestic raw materials and imported raw materials procurement.

Domestic raw material procurement is divided into two modes: mine direct procurement and trader procurement. According to geographical advantages, mine direct supply is preferred, followed by traders with stable supply and large supply, and the mode of combining long orders with spot procurement is adopted.

The procurement of imported raw materials is mainly based on land transportation concentrate procurement, supplemented by sea transportation concentrate procurement, and sea transportation ore is mainly used for winter raw material reserve.

In the process of purchasing raw materials, the company gives full play to the advantages of production technology, purchases raw materials with price advantages and high added value, and avoids price risks through raw material hedging.

3. Sales model

There are two main ways to sell company products.

First, the local sales of silver are mainly aimed at the local sales of sulfuric acid, slag materials and waste materials.

Second, through the centralized trading of Silver Headquarters, Shanghai Honglu International Trading Co., Ltd., a wholly-owned subsidiary of the company, is used as a platform to realize the sales of main products of copper, lead and zinc, form a sales network in different places, and set up a warehouse in different places according to market demand.

The sales network can not only directly face the market, grasp the local market demand, but also know the customer information in time and provide good after-sales service. The company adjusts the sales price and sales strategy daily according to market conditions at any time to effectively cope with market changes.

Second, the discussion and analysis of the business situation

(1) Production situation

In the first half of 2022, the company’s mining and dressing system produced 123,500 tons of copper, lead, zinc and molybdenum concentrate, an increase of 3,200 tons, or 2.66%, compared with the same period of last year, of which 30,800 tons of concentrate contained copper, or an increase of 6,300 tons, or 25.71%. The concentrate contains 80,100 tons of zinc, which is 5,500 tons less than that of the same period of last year, with a range of 6.43%. The concentrate contains 12,500 tons of lead, an increase of 24,000 tons over the same period of last year, with a range of 23.76%; The concentrate contains 92 tons of molybdenum, an increase of 15 tons over the same period of last year, with a range of 19.48%. The main reasons for the increase of copper, lead and zinc metal in the concentrate produced by the company’s mining and dressing system compared with the same period of last year are: the change of ore grade of Peru tailings and the improvement of mineral processing technology.

The smelting system produced 125,900 tons of cathode copper, an increase of 24,100 tons over the same period of last year, with a range of 23.67%; The production of electrical lead was 0.83 million tons, a decrease of 0.23 million tons compared with the same period of last year, with a range of 21.7%; The production of zinc products was 200,900 tons, an increase of 24,900 tons over the same period of last year, with a range of 14.15%; It produced 4,843 kilograms of gold (including 1,272 kilograms of gold produced by the first gold), an increase of 1,317 kilograms over the same period of last year, with a range of 37.35%; The production of silver was 96.1 tons, an increase of 9.6 tons or 11.1% over the same period of last year; The production of sulfuric acid was 737,800 tons, an increase of 53,500 tons or 7.82% over the same period of last year. The year-on-year increase of non-ferrous metal cathode copper and by-products of gold, silver and sulfuric acid was mainly due to the adjustment of production mode of copper smelting and electrolysis process, and the output of non-ferrous metal products and by-products increased compared with the same period of last year; The main reason for the year-on-year decrease of electric lead is that the production of electric lead decreased year-on-year due to the maintenance of production system; The main reason for the year-on-year increase of zinc products is that the effective production time in the first half of the year of Chengzhou Zinc Smelter under the company increased compared with the same period of last year, and the output increased year-on-year.

(II) Construction of key projects

The 6.8 million tons/year tailings comprehensive utilization expansion project of Shouxin Peru Company is implementing civil engineering and steel structure engineering, and the overall project progress is 82%; The green mineral processing reagent project started construction at the end of April 2022; The upgrading and transformation project of copper smelting technology was completed; Baiyin furnace’s technological innovation and upgrading project is undergoing the main civil engineering construction, and some long-term equipment has been ordered; The comprehensive recovery and harmless treatment project of zinc hydrometallurgy slag has been completed and is currently in the trial production stage; The ultra-fine wire rod capacity improvement project for intelligent equipment is under process equipment installation and is expected to be put into production at the end of the year; Xinjiang Company’s 3# open pit infrastructure stripping project started construction in May 2022.

(III) Technological innovation

The company vigorously expanded external collaborative innovation and deepened the cooperation of "Industry-University-Research", and completed three provincial-level science and technology plan projects in the first half of the year; The company and china environmental science Research Institute jointly declared the "Tenth Five-Year Plan"-the key project of "Key Technologies and Equipment of Circular Economy"-"Real-time Monitoring of the Whole Process of Wet Smelting and Control Technology for Reducing the Source of Anode Mud Hazardous Waste"; Jointly declare the 2022 provincial science and technology major project "R&D and industrialization of high-purity rhenium for aero-engine turbine blades" with the Research Institute of Resources and Environment Technology; Together with Lanzhou University and Lanshi Zhongke, we jointly declared the 2022 provincial science and technology major project "High-value Utilization of Lead-zinc Smelting Tailings"; In close contact with the research and development institutions of "One Institute and Three Institutes" of Chinese Academy of Sciences, we have successfully undertaken the project of "Key Technology Research and Industrialization Experiment of Electrolytic Copper Quality Improvement" funded by the central government to guide local scientific and technological development in 2022 with Lanzhou Institute of Chemistry of Chinese Academy of Sciences, and are currently carrying out preliminary research.

Focusing on the newly promulgated "Measures for the Management of Scientific Research Projects of Revealing the List and Leading the Team", a number of "stuck-neck" technical key projects that can significantly improve indicators and reduce costs in the process of production and operation are condensed. The 173 technical key projects that were signed for docking were all implemented as planned, and nearly 40′ stuck’ technical problems, such as’ research on comprehensive utilization technology of complex lead and zinc resources’ and’ tackling key problems of improving Fe/SiO2 _ 2 technology of flash furnace slag’, have made key breakthroughs, gradually opened up production processes and carried out on-site industrial production. The company gives full play to the role of innovation platform and cultivates leading talents in scientific and technological innovation, in order to create an innovative atmosphere within the company, stimulate the innovation vitality of the company, and ensure that under the guidance of high-quality development, the innovative atmosphere is continuously enhanced and the scientific and technological innovation ability is steadily improved. Up to now, relying on the national enterprise technology center, the company has set up an academician expert workstation and 17 technological innovation platforms, including 2 national, 11 provincial, 4 enterprise-level and 7 subordinate high-tech enterprises.

(IV) Construction of internal control

In the first half of 2022, we will continue to optimize and improve the internal control system based on the company’s articles of association in combination with the relevant requirements of the company’s three-year reform and the construction of the internal control system, so as to effectively improve the company’s governance level, management efficiency and risk prevention and control capabilities. Formulated the Work Arrangement for Improving the Two-level Internal Control System in 2022, and compiled the Internal Control System (Revision) Plan; We revised and improved the Articles of Association and related systems for regulating the construction of the company’s board of directors, and comprehensively completed the phased work of combing and integrating internal control systems that meet the operational requirements of state-owned assets supervision and listing norms in business areas such as scientific and technological development, budget and marketing. Up to now, 29 internal control systems have been newly built, 40 internal control systems have been revised, 73 internal control systems have been abolished, and 401 internal control systems covering 198 key business management processes in 10 categories covering all businesses and management have been established and improved.

(五)安全环保情况

安全方面,公司围绕年度安全生产和职业卫生工作目标,持续推进各项重点工作的开展,通过扎实推进三年专项整治巩固提升,持续强化外包工程单位安全监管,全面开启安全生产标准化提质升级建设,强化安全监督管理,持续开展常态化和专业化的风险隐患排查治理,持续开展全员安全教育培训,加强职业病危害源头治理和应急救援能力建设等重点工作的落实,持续提升公司安全生产治理能力和治理水平。

环保方面,公司立足实际,深入落实习近平生态文明思想,把思想和行动统一到中央和省、市决策部署上来,以实现减污降碳协同增效为总抓手,以制度管理、项目实施为手段,坚持“源头控制、规范治理”的原则,积极探索、多途径寻求生态环境治理新方式,保障环保投入,保证环保设施运行效果,构建主体产业清洁生产,夯实环保基础管理。狠抓环保设施运行管理,废水、废气连续稳定达标排放,各类固体废物均进行合规处置,全面排查整治环境隐患,不断完善各单位区域性风险防控体系,持续推进环境治理,坚决打赢污染防治攻坚战。

(六)党的建设情况

2022年上半年,公司党委深入贯彻新时代党的建设总要求、习近平总书记关于国资国企改革发展和党的建设的重要论述、省第十四次党代会精神,紧紧围绕发展要务,把增强“四个意识”、坚定“四个自信”、做到“两个维护”,体现在坚决贯彻党中央决策部署的行动上,体现在履职尽责、做好本职工作的实效上,体现在讲责任讲担当的日常言行上,一以贯之通过贯彻落实党的理论和路线方针政策来把准企业改革发展的正确方向,通过深化董事会职权改革来提升公司治理能力、激发企业动力活力,通过党管干部党管人才与市场化选聘相结合来建强领导班子和职工队伍,通过发挥基层党组织战斗堡垒作用和党员先锋模范作用来推动各项工作任务落实,通过全面从严管党治党来一体推进三不机制取得更大成效,为企业高质量发展提供坚强党建保障。

(七)履行社会责任情况

The company gives full play to the advantages of party building, ideology and politics, innovation and creation, organization and management of large state-owned enterprises, and actively carries out consumer assistance. In the first half of 2022, it invested 1.48 million yuan in helping Huining County and Chengxian County, mainly for rural revitalization and enriching people’s industries; The company organized to invest 3,819,200 yuan in consumer assistance funds to help solve the problem of difficult sales of agricultural products in poverty-stricken areas; The company strives for 150,000 yuan from send warm, Gansu Provincial Federation of Trade Unions, and helps 124 people in difficulty; Strive for the Baiyin City Federation of Trade Unions to help fund 687,650 yuan and help 99 employees with difficulties. During the period of epidemic prevention and control, the company organized more than 1,000 employees to donate blood for free in stages and batches, and 192 employees have actively participated in voluntary blood donation. At the same time, the company sent anti-epidemic materials and food to the frontline workers at the grassroots level to convey positive energy, establish a new fashion, and fulfill corporate political and social responsibilities with high pattern, high standards and high goals.

Major changes in the company’s operation during the reporting period, as well as matters that have a significant impact on the company’s operation during the reporting period and are expected to have a significant impact in the future.

Third, possible risks

1. Market environmental risks. Non-ferrous metal industry is a basic raw material industry in the fields of national economy, people’s daily life and national defense industry. It belongs to a typical cyclical industry and is closely related to the macroeconomic operation. Macroeconomic fluctuations have a great impact on the prices of non-ferrous metal products. By strengthening the research and analysis of macro-economy, government policies and industry development, the company makes timely countermeasures for possible risks.

2. Industrial policy risks. With the deepening of domestic supply-side reform and the rising competition threshold, head enterprises will accelerate the integration of factor resources, focus on solving the key challenges faced by the industry in terms of resources, energy and technology, and store energy for future industrial development, which will accelerate the reorganization and integration of superior resources, promote the improvement of industry concentration and promote the optimization and upgrading of industrial structure. The company will take advantage of the great opportunity of the state to promote the reform of state-owned capital, actively strive for the policy support of the state and Gansu Province, continuously optimize the industrial layout and improve the conditions for industrial development.

3. Political risks. South Africa and Peru, the main investment places of the company, have good political relations with the government of China, and both countries are countries with low political risks. With the deepening of economic cooperation between China and the two countries, the investment risks are controllable. At the same time, the company’s local management personnel actively pay attention to political trends and maintain a high degree of contact with the embassy, and report the relevant situation to the company in time to ensure that the risks are controllable.

4. Domestic and foreign legal risks. The legal risks faced by the company are mainly litigation and arbitration risks, and the laws of the countries where overseas investment is made are different, so it is necessary to face a large number of legal contracts and related legal issues cautiously. The company will do a good job in relevant legal work, continue to improve the legal risk prevention system at home and abroad, establish and improve the legal risk prevention system at home and abroad, safeguard the legitimate rights and interests of the company to the maximum extent, provide professional services and legal advice by hiring a professional team of lawyers, and participate in the transaction process, thus providing a strong guarantee for controlling legal risks.

5. Environmental risks. With the continuous improvement of environmental protection requirements for comprehensive management of ecological environment in the upper reaches of the Yellow River and the goal and vision of peak carbon dioxide emissions and carbon neutrality put forward by the state, it has become an important task for mining and metallurgy enterprises to carry out green manufacturing at present. Facing the increasingly severe environmental pressure, the company will strengthen the analysis of industry policies, formulate reasonable production and management strategies, strengthen environmental protection, promote the application of energy-saving and environmental protection technologies, and realize green development.

6. Product price risk. The prices of the company’s main products such as copper, zinc, lead, gold and silver are mainly determined with reference to domestic and international market prices. The domestic and international market prices of these metals are not only affected by changes in supply and demand, but also closely related to the development of macroeconomics and downstream related industries. Great changes in the global economic environment, market supply and demand, industry development policies, tariffs and exchange rates will have a great impact on product prices and aggravate the fluctuation range and frequency of non-ferrous product prices. By making full use of risk hedging means, the company standardizes hedging to minimize the adverse impact on the company’s operations.

7. Raw material procurement risk. The price of raw materials is closely related to the prices of basic metals such as copper, zinc and lead. The price of base metals is not only affected by changes in supply and demand, but also by the development of macro-economy and downstream related industries. In addition, the epidemic situation will also have an impact on the supply of non-ferrous materials and the price of non-ferrous metals. In the first half of 2022, the epidemic situation occurred repeatedly at home and abroad, which affected the procurement of raw materials at home and abroad to varying degrees. The transportation was blocked and the planned arrival was delayed, which had a certain impact on the production of enterprises. The conflict between Russia and Ukraine led to an increase in oil prices and freight rates, which led to an increase in procurement costs and production costs of enterprises. If the above factors lead to the continuous decline in the price of basic metals, it will reduce the selling price of the company’s products, which will adversely affect the company’s operating performance.

Measures to deal with the risk of raw material procurement: keep a close eye on the changing factors such as market price, exchange rate, demand, processing fee and supply, keep abreast of the production situation of smelters and mines at home and abroad, and formulate procurement strategies and modes according to market information, inventory situation and production situation; Increase the proportion of mine procurement at home and abroad, and sign long-term strategic cooperation agreements with mining enterprises to ensure long-term stable supply. Dig deep into the market potential, graft the trading platform of subsidiaries, give full play to the channels and advantages of subsidiaries, increase the market share, and enhance the market control ability and raw material guarantee ability. Fine management, standardize the procurement process, optimize the management mode of procurement funds, speed up capital turnover, and improve the level of risk prevention and control.

8. Trading risks of financial derivatives. The financial derivatives transactions conducted by the company are mainly hedging business. Hedging can help enterprises to transfer and avoid price risks, but at the same time, they have to face various risks brought by hedging transactions. The main risks are divided into compliance risk, market risk, cash flow risk, liquidity risk, basis risk, credit risk, operational risk and agreement legal risk. The company will strictly implement the business rules of the futures exchange and the relevant systems of the company’s hedging business to effectively prevent trading risks.

Iv. analysis of core competitiveness during the reporting period

(A) scientific and technological innovation

The company leads technological innovation and management innovation with concept innovation, and continues to carry out technological research and development and tackle key problems, and its technical support role is increasing day by day. In the first half of 2022, the company applied for 154 patents, including 60 invention patents; 64 patents were authorized, including 22 invention patents; Completed 3 patents in Gansu Province and published 33 scientific papers; 198 technical research and R&D projects were carried out, 4 national provincial science and technology projects were declared, and 2 Baiyin science and technology projects were declared.

(2) Information on domestic and overseas resources

Domestic resources: The company has mine resources, with 7,983,300 tons of copper, lead and zinc, including 248,200 tons of copper, 1,578,000 tons of lead and 6,157,100 tons of zinc. The amount of gold metal is 14.56 tons, the amount of silver metal is 1,817.35 tons and the amount of molybdenum metal is 14,500 tons.

Overseas resources: Shouxin Peru Company, a holding subsidiary established by the company in Peru, has achieved a production capacity of 6.8 million tons/year for copper, iron, gold, silver and other polymetallic ores.

As of June 30, 2022, the gold resources of First Gold, a wholly-owned company of the company, were 29.03 million ounces, about 902.9 tons, and the gold reserves were 556,000 ounces, about 17.3 tons; Don Giza Company, a wholly-owned company of the company, controls+infers the amount of gold and metal of 1.5317 tons (about 4.9245 million ounces), including 1.2166 tons (about 3.9116 million ounces) of gold and metal of control level and 31.51 tons (about 1.0131 million ounces) of gold and metal of inferred level.

(C) Circular economy

The company has the key technology of comprehensive utilization of complex and refractory copper smelting slag resources in baiyin furnace, and comprehensively recovered valuable elements such as copper, gold and silver from copper smelting slag.

It has a production line with an annual processing capacity of 1.4 million tons of copper smelting slag, with an annual comprehensive recovery capacity of 22,000 tons of copper, and the comprehensive recovery of copper metal is equivalent to a medium-sized mine.

With the smelting technology of low-sulfur and high-lead secondary copper materials, the efficient separation of copper, lead, zinc, precious metals and impurities has been realized.

Has the key technology of multi-source solid waste collaborative utilization in copper, lead and zinc smelting.

It has a new technology of efficient separation and comprehensive recovery of copper, cadmium and cobalt from zinc smelting purification slag.

It has the technology of efficient and controllable recovery of copper and rhenium from copper smelting acid system.

It has the technology of separating zinc and lead from hard zinc and extracting indium to enrich precious metals.

It has a complete set of technology and production line for treating 140,000 tons of zinc hydrometallurgy slag every year.

(D) A variety of complementary processes

The company is a comprehensive production base of various non-ferrous metals in China, with an annual production capacity of 200,000 tons of copper, 400,000 tons of lead and zinc, 15 tons of gold and 500 tons of silver. It has the unique advantages of comprehensive development of copper, lead, zinc, gold and silver, and the industrial chain is connected and matched, with obvious complementary and synergistic advantages.

In the field of copper smelting, the company’s "Silver Copper Smelting Method" smelting process is the only copper smelting technology with independent intellectual property rights in China. Through years of technical research and development, the overall process and supporting technology of "New Silver Copper Melting Tank Melting Furnace" have been innovated and won the second prize of national invention and the first prize of national scientific and technological progress, with strong applicability of raw materials and unique advantages of technology. At present, the flash furnace system of the upgrading and transformation project of copper smelting technology has reached the production standard, which indicates that the flash furnace will realize a strong alliance with the only new baiyin furnace with independent intellectual property rights in China, and the comprehensive competitiveness of silver nonferrous copper smelting will be greatly enhanced through the substantial improvement of raw material applicability and the complementarity of process comparative advantages.

In the field of lead and zinc, the company adopts the new jarosite wet zinc smelting process and the improved ISP fire zinc smelting process. The 152㎡ fluidized roaster is the first roaster with the largest hearth area in the world, forming a new generation of zinc metallurgical technology with independent intellectual property rights in China, and its energy consumption and environmental protection level have reached the highest requirements of the industry, creating a low-cost green and low-carbon development road for the industry. ISP pyrometallurgical zinc smelting process is the only smelting process in the industry that can realize the mixing of copper, lead and zinc, and has outstanding advantages in comprehensive utilization of resources. It can treat all kinds of low-grade lead and zinc mixed ores, lean ores, refractory ores and secondary oxidized materials containing lead and zinc, and maximize the enrichment and recovery of the associated valuable metals in raw materials. The pyrometallurgical zinc smelting and wet contact process have obvious complementary advantages.

Precious metal treatment system, the Caldo furnace process introduced by OutotecAB, has the production capacity of comprehensively processing 4000 tons of copper-lead anode slime, recovering 15 tons of gold and 500 tons of silver, and producing refined selenium, platinum, palladium, tellurium and other products.

By giving full play to the complementary and synergistic advantages of the process, the associated valuable metals and rare elements in the concentrate can pass through the corresponding smelting process, and the comprehensive utilization of resources can be realized to the greatest extent. It has the annual comprehensive recovery capacity of 6,500 tons of copper metal and about 750 tons of associated and rare metals such as selenium, cadmium, rhenium, tellurium, bismuth, antimony, indium, platinum, palladium, cobalt and nickel.

(E) Extension of high-end industrial chain

The company has a production capacity of 200,000 tons of copper smelting, which has laid a solid foundation for further extending the downstream processing and manufacturing industry chain of the copper industry, optimizing the industrial structure and enhancing the systematic competitiveness of the whole value chain of the company’s copper industry sector.

Changtong company, a subsidiary of the company, is a key high-tech enterprise in the national torch plan. The leading products are high and low temperature superconducting cables; Fine and ultra-fine electromagnetic wire; Power cable; Cables, overhead conductors and special cables for electrical equipment. The products are used in major projects at home and abroad, such as Jiuquan Satellite Launch Base, Tiangong-1, Shenzhou series, State Grid Project, large-scale hydropower, wind power, photovoltaic power generation project, high and low temperature superconducting cables for national science projects and international cooperation projects, and many other fields. 40 superconducting cables with a total length of 30 kilometers have been provided for the international thermonuclear fusion experimental reactor and the China fusion experimental reactor project. Up to now, Changtong Company has built a production base of 16,000 square meters of micro electromagnetic wires, forming a production capacity of 10,000 tons of micro electromagnetic wires of various models and specifications, realizing the extreme manufacturing of ultra-micro electromagnetic wires (0.012mm), and the technical level has reached the leading position in China. Simultaneously carry out the capacity expansion project of micro electromagnetic wire, further improve the production capacity of micro electromagnetic wire to 20 thousand tons/year, and lay a good foundation for deepening the development of micro electromagnetic wire market and exerting scale effect.

The Silk Road Big Data Co., Ltd., in which the company shares, further relies on the advantages of shareholders, based on the new platform, and creates new breakthrough points and growth points; Gansu Defu New Materials Co., Ltd. is a manufacturer of battery-grade high-grade copper foil. Electrolytic copper foil for high-grade lithium batteries is a key component of lithium-ion batteries, which is at the front end of the new energy industry chain, and is the basis for the development of end products in the fields of information communication, consumer electronics, household appliances, automotive electronics, energy-saving lighting, industrial control, aerospace, military industry and so on. The construction of electrolytic copper foil project for high-grade lithium batteries is a powerful measure for the company to promote the transformation and upgrading of traditional industries, extend the industrial chain, optimize the industrial layout and improve the market competitiveness. By the end of June, 2022, Gansu Defu New Materials Co., Ltd. has formed a production capacity of 30,000 tons, and is accelerating the implementation of the third phase of 40,000 tons and subsequent capacity expansion projects. After the overall project is completed, it will further exert the scale effect and enhance economic benefits.

(6) Procurement of raw materials

The main competitiveness of the company’s domestic mine procurement is reflected in its regional advantages. Through the nearby procurement in Gansu, Shaanxi, Qinghai, Tibet, Xinjiang, Inner Mongolia and other places, the price advantage is obvious.

The procurement of imported minerals is mainly based on signing long-term contracts with foreign mining enterprises to ensure stable supply and reduce logistics costs; At the same time, constantly standardize the contract terms, improve the performance service ability and reduce the procurement risk.

Make full use of the rich mineral resources in Central Asia and the advantages of the national "Belt and Road" strategic policy, strive for national policy support, strengthen project cooperation with foreign mines, logistics groups and border ports along the route, maximize import efficiency, improve customs clearance timeliness and convenience, and reduce import costs.

(VII) Product sales

The company’s main products, copper and zinc, are sold at the spot price of copper and zinc in the month of Shanghai Futures Exchange plus the daily premium. The pricing method is advanced, flexible, closer to the market and highly transparent, and the customer’s purchase intention is enhanced by agreeing on the spot price period.

The company’s sales network covers areas and provinces and cities with rapid economic development in China, which can effectively cope with market changes and ensure that products are produced and sold immediately.

The company hedges products and raw materials to effectively prevent and control price risks.

The company’s domestic market share of copper, lead and zinc is currently 2.5%, 0.4% and 4.2%, and the product quality has also been widely recognized by customers in the market, with high credibility and competitiveness.

(8) Investment and trade business

According to the company’s development strategy, we will continue to accelerate the layout of investment and trade business, gather international high-end talents, and promote transformation and leapfrog development. Focusing on resource development, the company implemented the strategy of "going out" overseas to ensure resources, and successively set up platforms for capital operation, investment management and trade business in Shanghai, Beijing, Shenzhen, Hong Kong and Peru, forming a marketing and trade network at home and abroad, and the pace of the company’s international operation has been accelerating.

The company continues to expand and innovate traditional trading business, accelerate the construction of market-oriented marketing system, serve the company’s main business, fully tap the industrial value and financial value of raw materials and products in the whole value chain of the main business by building a financial trading platform and rationally using hedging tools, increase the trade income of enterprises and enhance the ability to control resources through trade.

(9) Talent team

After years of professional production accumulation, we have cultivated a team of industrial workers who cover all sectors and products of non-ferrous metals, have rich production experience and operational skills, and love their jobs and are dedicated. Forging has trained a group of professionals including geology, surveying, mining, mineral processing, smelting, processing, chemical engineering, futures trading and international and domestic trade expertise; With well-known experts and academic leaders in relevant academic fields in China, a talent echelon construction management system has been established, which includes talent introduction, selection, training, use and dynamic operation of incentive mechanism. By the end of June 2022, the company had 7,456 talents of all kinds, accounting for 50.5% of the total number of employees. Among them, 3,261 professionals (including 1,956 engineers) accounted for 43.7% of the total talents, and 4,195 skilled talents accounted for 56.3% of the total talents. Among professional and technical personnel, there are 40 senior titles, 421 deputy senior titles, 1,241 intermediate titles and 1,463 junior titles; Among skilled personnel, there are 233 senior technicians, 878 technicians, 2211 senior workers, 610 intermediate workers and 263 junior workers. Among all kinds of talents in the company, there are 26 experts who enjoy the special allowance of the State Council, innovative talents in Gansu Province, leading talents in Gansu Province, young innovative talents in Longyuan, and chief experts in Baiyin City, and 55 winners of the nonferrous metals industry, Gansu Province’s "technical experts" and skills awards in nonferrous metals industry.

(X) Corporate culture

Focusing on the characteristics of the company’s strategy and transition, it has enriched the new connotation of the times with "hard struggle" as the core value concept, further studied and refined the company’s core cultural concept, and completed the interpretation of the sub-cultural concepts such as gratitude, contract, ecology, leadership, execution, innovation, competence, safety, quality and customers.

Trump’s police reform has made it difficult for the United States, the police and the people to stand in opposition.

  On June 16, local time, US President Trump signed an executive order to adjust the US police practice and qualification standards. The executive order made a statement on the large-scale protests by the American people against police brutality and racial discrimination in the past month, which meant that the government would "conform to public opinion" and make police reform.

  However, the American media pointed out that the administrative order did not explicitly prohibit some violent law enforcement methods that the people strongly demanded to abolish, and the police system it proposed to improve law enforcement standards was actually "encouragement" rather than restraint. Public opinion believes that the reform of the executive order signed by Trump is weak, and it supports the reform in the open, but it is still a supporter of the police’s tough law enforcement in the dark.

The Washington Post pointed out that the administrative order of police reform signed by Trump is full of formalism.

  The executive order is to encourage, not to require, the law enforcement of throat lock has not been abolished.

  Trump told reporters that this executive order will help the police departments in the United States adopt the highest standards to serve their communities. The order stipulates "practice and qualification examination" and "information sharing of police behavior" to avoid employing police officers with bad records and to track down police officers who have committed misconduct in law enforcement.

  However, the media pointed out that the executive order failed to clearly respond to some key issues, such as the standard and justification of the use of force mentioned in the executive order, but only "encouraged" its implementation; In addition, regarding the law enforcement means of throat lock, the administrative order has not explicitly abolished it, but indicated that it is generally unavailable, but it can be used in the case that "the law allows the use of lethal force".

  The police surrounded Trump and called him "selfless" and "brave"

  A number of media pointed out that although the signing of this executive order was caused by African-American Freud’s violent law enforcement by white police, the families of the victims were not invited to attend Trump’s signing ceremony. On the contrary, many military officers and police union personnel were surrounded by Trump. This seems to mean that Trump will never touch these law enforcement officers on which he relies, and how to reconcile the "social problems that deeply split the country" is still far away.

  In the signing ceremony speech that day, after Trump mentioned the pain experienced by the relatives of the victims, he immediately began to praise the American police for being "brave and selfless" and said that "Americans all know that if there is no police, chaos will occur." The media pointed out that Trump’s signing of this executive order is full of formalism, and he obviously does not want to risk angering law enforcement departments, because these are an important part of his conservative political foundation.

The Washington Post pointed out that Trump "does not want to risk angering law enforcement because it is an important part of his conservative political foundation."

  Serious problems minimize the police’s mental illness

  Public opinion generally pointed out that Trump’s executive order made no mention of how to solve the systematic racism problems among law enforcement personnel and comprehensive policy changes. However, these issues are crucial to criminal justice reform. Kendall Thomas, a law professor at Columbia University, believes that Trump did not mention any commitment to serious changes in his executive order, but only focused on police training rather than community safety. Thomas believes that the purpose of Trump’s executive order is only to maintain the status quo, and the moderate reform in accordance with the new provisions of the executive order will only make the police force stronger.

  Trump has always stressed that police misconduct is a "case" and the number is "very small". Rachel Bako, professor and vice president of criminal law at new york University Law School, believes that this shows that Trump fundamentally refused to admit the existence of the problem in the first place. Bako said that the entire law enforcement system is supportive of those police officers who use violence excessively. Trump has neglected this systematic problem, and the executive order has completely ignored or even mentioned the morbid psychology in the police system and the opposition between the police and the people.

USA-Today pointed out that Trump’s executive order made no mention of how to solve the systematic racism problem among law enforcement personnel and the need for comprehensive reform.

  The reform of "thin soup and little water" must be intensified by administrative order.

  On the day Trump signed the executive order, Schumer, the minority leader and Democrat of the Senate, immediately said that Trump’s executive order was "scanty soup and scanty water" and "unable to bring the comprehensive and meaningful changes and accountability required by the American people to American law enforcement agencies."

  Earlier, the Police Justice Law submitted by the Democratic Party on June 8 called for a major reform of the police system, which explicitly required that police officers be prohibited from using frequently abused methods of law enforcement and arrest, such as lock throat and "no knocking at the door", and at the same time required local police departments to send data on the use of force to the federal government, and made a funding plan to allow state attorneys general to conduct independent procedures to investigate police misconduct or excessive law enforcement. In addition, the proposal will abolish the legal principle called "conditional immunity", and the police can no longer be exempted from civil litigation. These contents are not reflected in the newly signed administrative order.

USA-Today pointed out that there are a large number of people in the United States who can’t stand what the police have done.

  David Kennedy, a professor of criminology at john jay College of the City University of new york, said that the current executive order is far from enough to make practical changes. Kennedy said: "People think it may be a little helpful, and now it is not enough to provide just a little help." Kennedy said that the emotions and resistance expressed by the American people in the past few weeks are unprecedented, and their attitude towards American law enforcement departments has also changed dramatically, which shows that a large number of people in the United States can no longer stand what the police are doing.

Thousands of cities and counties see China-Hebei Jize: cherry blossoms are busy pollinating.

In the early spring, cherry flowers are blooming in the cherry shed of Yuyin Farmers’ Professional Cooperative in Jize County, Handan City, Hebei Province. Fruit farmers shuttle between cherry trees, busy pollinating and thinning flowers to ensure a bumper harvest of cherries. In recent years, Jize County has vigorously developed modern agriculture with fruits and vegetables in greenhouses, which has driven local villagers to increase their income and help rural revitalization.

Source: Xinhua News Agency

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Plaid, the fashion in British blood.

Photo caption 1: Princess Kate’s style in plaid dress.
Photo caption 2: The late Princess Diana dressed in plaid.
Special correspondent of this newspaper Chen Jiacun
Recently, members of the British royal family "wore" the same plaid scarf in public activities. The designer of the scarf was Charles III, who hoped to show the "soft power" of the British royal family. When it comes to British clothes, many people will see a variety of plaid patterns, such as Scottish plaid with unique national characteristics, iconic plaid of luxury brand Burberry, and plaid of thousands of birds necessary for fashionistas … British people like to wear all kinds of plaid patterns on their bodies, which are traditional, trendy, elegant or everyday. It can be said that plaid patterns have become an important representative element of British fashion.
Scottish tartan is full of historical charm.
Perhaps the most distinctive plaid dress in Britain is the Scottish tartan skirt. Wearing a traditional Scottish knee-length plaid skirt, long wool socks, matching a vest and shawl of the same color, hanging a small pocket with exquisite workmanship on the waist, and then picking up an organ, the piano bag is relaxed and the piano sounds melodious …
In people’s impression, plaid is a crisscross of different color lines on wool fabric. These lines are divided into multiple rectangular patterns to form a multi-color plaid combination, showing the aesthetic feeling of interwoven color blocks. It is reported that the earliest tartan in Scotland appeared around the 3rd century AD, and was woven from two different types of wool.
With the development of the times, the plaid pattern on wool fabric becomes more and more complicated. According to statistics, at present, there are as many as 7,000 kinds of plaid patterns registered in Scotland, and more than 500 kinds can be woven. Each plaid has its own name, fixed color scheme and pattern combination, and some of them have interesting stories behind them.
According to records, Celts are good at dyeing and knitting wool. Historically, Celts have demonstrated a person’s status through the number of stripes on clothes. For example, a king’s clothes can have seven stripes, while farmers can only wear one stripe. Later, tartan was once introduced as the symbol of various families in Scotland. During the war, tartan on the battlefield was regarded as a symbol of unity, used to distinguish between the enemy and ourselves, and also used to convey the determination to defend their homes. Scottish tartan tells the development, history and culture of Scottish textile technology. No wonder some people call it "a British history".
British royal family, with fire plaid fashion
In thousands of years, tartan patterns have also been inextricably linked with the British royal family. The plaid patterns in Britain are mainly divided into general patterns and non-general patterns. The general patterns can be worn by anyone, but the production and use of non-general patterns need to be approved by the designer. For example, Barmor Lear Plaid, which came out in the 19th century, can only be worn on the body with the explicit permission of the British monarch for a long time. This plaid pattern was designed by Queen Victoria’s husband, and it is in three colors: gray, black and red. Almost all British monarchs after Queen Victoria have passed through the Barmor Lear plaid. At that time, the only non-royal member who was allowed to wear Barmor’s Lear Plaid was a bagpiper who served the British monarch.
Some tartan patterns have changed from strictly restricted non-universal to universal, such as Royal Stewart tartan. This pattern is Queen Elizabeth II’s "exclusive plaid". Apart from the Queen, many other members of the royal family have also appeared and taken photos in clothes with this pattern, making it one of the most famous plaid patterns in the world. Royal Stewart plaid patterns include red, blue, green and black, and there are many variations, representing different clan branches. Charles III also has his own plaid style.
The British royal family also carries many plaids, such as the famous Prince of Wales plaid. People often think that this plaid will be more elegant in suits. Charles III, Princess Diana, Princess Kate and even Beatles have worn clothes with Prince of Wales plaid. Prince of Wales Plaid is also called Glen Plaid, and its name is inspired by a manor in Scotland. This plaid is composed of three colors of black, white and gray, and the pattern is somewhat complicated-small plaids are intertwined with large plaids. King Edward VII of England first fell in love with this pattern of fabric, and Edward VIII completely brought it into the fashion circle. This pattern is suitable for outdoor scenes, can be paired with jeans, casual and chic, and is also suitable for more important occasions, and can be slightly decorated like a king.
Another plaid style favored by the royal family is the houndstooth plaid, which originated from Glenge, also known as the dog’s tooth plaid-two colors of "canine teeth" are interlaced and diagonally woven together, and the queen, princess, duchess and so on have all worn houndstooth plaid coats to attend public activities.
Living in England, plaid is everywhere.
The British people are still full of love for plaid. Apart from the Scottish plaid skirt worn by the guards of honor at the festival ceremony, plaid also goes deep into all aspects of British life, such as shirts, windbreakers, scarves, hats, gloves, sweaters, cloaks, slippers and handbags … Global Times reporters live in London and find that English or traditional or modern plaid can be found in almost all textiles, even to home decoration, floors and ceilings.
In order to better protect and count the traditional Scottish tartan patterns, in 2009, the Scottish tartan registry was officially put into operation, which was responsible for registering the information of existing tartan patterns and providing registration services for new patterns. Its database is constantly expanding. According to the website information of the registry, at the end of 2023, a newly registered plaid pattern was named "Light of Prism" to pay tribute to Newton and his book "Optics". The designer said that this work is not only a pattern, but also a story about light and discovery.
From classical to avant-garde, from tradition to trend, the love of plaid in British blood has flowed from the past to the present, and the inspiration from different cultures and eras has blended and gathered, allowing the British to wear more tolerance and diversity. ▲
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