Sohu, with a market value of only $2 billion, is already half an investment company.


Sohu’s revenue originally consisted of four parts:
1) advertising revenue. From sohu.com (including video tv.sohu.com), Focus Real Estate (Focus.cn), 17173.com (game);
2) Search (from sogou search);
3) Online games (from Changyou);
4) Mobile value-added services (from three major operators).
In the most difficult years of the "three portals", mobile value-added services have "saved the driver", but they have been shrinking in recent years. By 2013, mobile value-added revenue only accounted for 4% of Sohu’s total revenue. Since 2014, Sohu has packaged this business into the category of "other income".

See the following table for the revenue structure of Sohu (adjusted retroactively). 

Changyou has already been listed, and the control right of sogou is about to fall to Tencent. Strictly speaking, Sohu’s income from these two companies belongs to "investment income" rather than operating income. In 2012, 2013 and the first half of 2014, the "investment income" of Sohu’s revenue remained above 60%, and it was already "half an investment company". 
Under normal circumstances, the valuation of technology companies in the capital market is one grade higher than that of investment companies (the price-earnings ratio of Goldman Sachs is only 10 times), and Sohu’s gradual shift to investment holding is one of the reasons for the low valuation.
If Sohu is regarded as an investment company, judging from what it has done to Changyou and sogou, the two most important investment targets, Zhang Chaoyang’s idea is to "close the mountain" rather than continue to invest.!
In April 2009, Sohu Changyou was listed on Nasdaq. In July, 2013, Changyou announced that it would complete the stock repurchase worth $100 million within two years. Changyou, which is implementing the platform strategy, is at a critical moment when it needs to increase capital investment. If it encounters difficulties in refinancing, it is understandable that it is unwilling to issue shares at a "low price". It is really unreasonable to spend $100 million to buy back shares. Unless Changyou management (or Zhang Chaoyang himself) believes that this $100 million investment platform strategy will not even increase Changyou’s market value by $100 million. It is better to use it to buy back shares, which has a more direct effect on raising stock prices. At present, Sohu holds 71.75 million Changyou shares, accounting for 67.9%. Repurchase can objectively raise the price and create convenience for Sohu to reduce its holdings in the secondary market.
In October 2010, sogou, a subsidiary of Sohu, accepted an investment of $24 million from Alibaba. In June 2012, Sohu bought back the equity of sogou from Ali for US$ 25.8 million, and in September 2013, it accepted Tencent’s investment of US$ 488 million and Tencent’s Soso assets. However, this $488 million was not for sogou’s business development, of which $301 million was paid out in dividends (September 17, 2013) and $160.7 million was used to buy back shares (before July 31, 2014), and the targets of dividends and buybacks were companies controlled by Sohu and Zhang Chaoyang. After sogou was redeemed, it has been rumored that it will be sold at a "premium". Baidu and 360 Tencent are among the gossip. Zhang Chaoyang publicly stated that Sohu was not short of money and would not sell sogou. Cash out of sogou in this roundabout way.,In addition to face, there are also tax avoidance considerations.
According to the current thinking, sogou will be listed (or sold in full) only when the time is right (or the price is right). Sohu Video has long been an independent company, and it will take the road of sogou in the future. Games, search, and video services have set up their own portals, leaving only a single portal, and Sohu will be more like an investment company by then. One day, the founder will sell high-quality assets through capital operation and gradually be taken care of by professional managers. This is Zhang Chaoyang’s shrewdness, not his weakness.
Swimming is a blanket for juggling. 
Although sogou has been operating independently for a long time, it lacks sufficient data to judge its influence on Sohu because it is not listed. Let’s just remove Changyou and see what the rest of the business is like. 
The revenue is passable, especially in 2013, the year-on-year growth rate reached 49.3%.

But the net profit is terrible! It turns out that excluding Changyou, Sohu had a net profit of only $4 million in 2010, and lost nearly $120 million in 2012 and 2013!(Note: Sohu’s consolidation method is to merge 100% of Changyou’s game income under Online game)

 
Excluding Changyou, Sohu’s business mainly includes three parts: portal, search and video. According to the data of Sina, Baidu and Youku Tudou, the gross profit margin of Sohu portal and search should be around 70%, while the video business is only around 30%. When the three businesses are mixed together, the operating cost accounts for 34% of the revenue and the gross profit rate is 66%, which is not low.

However, due to the high market expenses and R&D expenses, the final profit and loss of the above three businesses are only between the first lines.As a result, Changyou is profitable, Sohu is profitable, and Changyou is losing money. In the past ten quarters, the net profit trends of Sohu and Changyou were exactly the same.
Changyou is a magic blanket, covered outside, and Zhang Chaoyang plays portal, video and search inside.
However, although Changyou has been listed for a long time, it is difficult to go ashore that day. We should not only continue to invest, but also pray that the things we make will be loved by others. From the past ten quarters, the living environment of the game business tends to deteriorate. R&D and market investment are getting higher and higher, and the profit space is narrowing rapidly.       

In the second quarter of 2014, Sohu’s revenue reached a record $400 million, but it suffered a quarterly loss. The key reason is that swimming in this blanket is almost impossible to hide.    
Changyou and sogou both need to invest more, but Sohu has married them off and can’t wait to get "quick money". If it’s to invest in videos, I’m afraid it’s also to dress up and receive a "bride price".
"Begging for fields and asking for homes, afraid of being ashamed to see them, Liu Lang is talented."
Zhang Chaoyang’s spare no effort in capital operation is not so much to raise funds for games and search business as to avoid potential risks, and it is based on the principle of "pretty girls get married first". How can it be listed if it is not beautiful, and can it be seen by Ali and Tencent? 
Games, search, social networking, video … Sohu is involved in a wide range of fields, but no business has achieved success commensurate with its "Jianghu generations". Against the background of those Internet companies that started later than Sohu and grew several times and dozens times faster than Sohu, with a market value of tens of billions and hundreds of billions of dollars, Sohu’s ability of "seeking land and asking for homes" is particularly prominent.
In 2007, Sohu spent $35.3 million to purchase 18,300 square meters of office space in Tsinghua Science Park. In 2009, US$ 162 million bought 41,300 square meters of office space on Zhichun Road. Changyou did not show weakness. In 2009, it bought 15,000 square meters for $33.4 million, and in 2010, it bought 57,000 square meters for $171 million. More than 400 million dollars of high-quality real estate purchased in the core area of Zhongguancun, the valuation has already exceeded 1 billion dollars.
At present, Sohu and Changyou have rented over 30,000 square meters of office space in Beijing. If you don’t have the property you bought in the early years, you have to rent more than 100,000 square meters, and rent 8 yuan every day per square meter, with an annual rent of about 400 million. In the future, if Sohu stops all business and only eats rent, it will earn 1 million yuan a day! Sitting on more than 100,000 square meters of real estate worth five or six billion yuan, Zhang Chaoyang is very practical.
 
Buying a house in the core area of Zhongguancun is a shrewd investment for the coal boss. But after starting a business, only a few good houses are left behind, and it is not in vain for a lifetime! Even onlookers can’t help feeling sorry for Zhang Chaoyang. 
Zhang Chaoyang is an Internet veteran in China. He made a name for himself early, but his success gave him a heavy burden: he was afraid of losing face and losing everything. He is not short of knowledge, ability or funds, but last stand’s courage. "Let’s talk about the new business" and "Is it risky? Give it to BAT! " . The leading brother is not enterprising, the elite soldiers will leave, and the people left behind will not focus on products but power … No wonder some people joked to take stock of "those opportunities that Zhang Chaoyang missed".
At the end of 2013, Sohu’s net assets reached $1.84 billion, and they were all very high-quality assets, of which cash and cash were $1.29 billion. If several properties in Zhongguancun are revalued, it will be many times more than the purchase cost before 2010. Together with Changyou’s equity, Sohu’s "tangible assets" are worth nearly $3 billion, while Sohu’s market value on Nasdaq is only $2.13 billion. Isn’t it that Sohu’s portal, video and search are worthless?(Note: tangible assets should be selected first, such as cash, real estate, holding stocks of other companies, etc.). Then, treat the company as if there is no tangible assets, and use free cash flow discount and other methods to value the business)
JD.COM’s valuation of nearly $40 billion is a bit high. But there is no love and hate for no reason, and there is no overestimation and underestimation for no reason. Liu Qiangdong earned a small sum of money, instead of buying a house or land, he circled more than 2 billion dollars and smashed it into his own direction. Although it’s too risky, the brave have won in ancient times, not to mention today. There is a sentence in Xin Qiji’s "Shui Long Yin Deng Jian Kang’s Feast Pavilion" that is very suitable for Zhang Chaoyang: "I am afraid that I should be ashamed to see Liu Lang’s talent. Unfortunately, the years are fleeting, the wind and rain are sad, and the trees are still like this! " # How can a man be as good as a tree #

Ministry of Agriculture answered questions on "Implementing rural revitalization strategy to promote agricultural transformation and upgrading"

The Press Center of the First Session of the 13th National People’s Congress held a press conference in the multi-function hall of the Media Center at 10: 30am on March 7th (Wednesday), inviting Minister of Agriculture Han Changfu, spokesperson and director of the General Office of the Ministry of Agriculture Pan Xianzheng to answer questions from Chinese and foreign journalists on the related issues of "implementing rural revitalization strategy to promote agricultural transformation and upgrading".

Crystal Fan Yichen’s "Dish Fairy" is shown ahead of schedule. "Out of print" Dish Fairy opens.

1905 movie network news The horror film starring Crystal and Fan Yichen will be shown in the national cinema on June 21st, and the pilot notice has also been released. The horrible and strange scene has aroused many concerns and discussions. The film announced that during Children’s Day, a "midnight single viewing challenge" would be held to recruit a brave man with extraordinary courage or a pair of chivalrous men who are truly fearless to participate in an unprecedented midnight viewing activity of "Who is a coward".

Participants will have the opportunity to "enjoy" one or two people and watch the most frightening horror film of the year "Disc Fairy" in the empty cinema at midnight. This will be a rare experience for the participants.

The movie "Disc Fairy" will be held at midnight on June 1st and 2nd, and the recruitment of "Challenger" will be started soon. After successful registration, participants will have the opportunity to "enjoy" one or two people watching the most scary horror film of the year "Disc Fairy" in the empty cinema at midnight.

The whole process of watching the movie will be recorded. After all the movies, the organizers will award awards such as "Die Hard Hero" and "Rat Hard Hero". The winning audience will receive special prizes for the movie "Die Xian", and some of the winning audiences will also receive benefits such as movie viewing stored value cards provided by the cinema.

The movie Disc Fairy tells the story of a single mother, Meng Yao (Crystal), who separated from her ex-boyfriend (Fan Yichen), and took her daughter, Wenwen, to live in an old house. The house is cheap and smells like nothing. One night, Wenwen actually sleepwalked and played the "disc fairy" game left by her former tenant.

Legend has it that anyone who plays will be killed by the disc fairy within seven days! Then, a series of creepy strange things happened in the house. Later, Meng Yao learned from her neighbor’s grandmother that there had been an appalling murder case in the house where they lived six months ago … …

There have been many Chinese movies with the theme of "Die Xian" before. This time, the director Lian Tao, together with the famous actors Crystal and Fan Yichen, carefully polished for many years and brought a high-quality "Die Xian". It is reported that in addition to the Hong Kong version of "Dish Fairy" directed by Tun Fei Mou and Chu Yuan in 1980, this is also the first domestic horror film named after the word "Dish Fairy" in 40 years, which is the most authentic "out of print" Dish Fairy movie.


In these plays, there is the "Pentium era" of China industry.

In recent years, dramas such as "Pentium Age", "Red Years", "Song of the Mountain" and "Hard-core Age" have focused on the "Pentium Age" of China’s industry and jointly drawn a map of industrial development in the form of film and television.

Author: West Asia

Since the reform and opening up, China has deepened the reform of the economic system and completed the industrialization process that developed countries have gone through for hundreds of years in just a few decades.

The footprints of industrial development are also recorded on the screen. Dramas such as Dreaming of Blue Sky, Pentium Age, Red Years, Song of Mount Xiang and Hard Core Age focus on the Pentium Age of China industry and tell the story of hard core development.

The drama has a long time span and a large narrative volume, which is both magnificent and heavy.

Equipment manufacturing, nuclear industry, aviation industry, steel industry, electric locomotive manufacturing ….. There are countless sub-sectors under the broad category of industries. The industrial drama on the screen also presents the characteristics of diversification, verticalization and specialization.

Under the tide of manufacturing transformation, is it heavy industry for finance, or is it looking for a road of independent innovation? Taking the leading state-owned enterprise "Lushan Heavy Industry" as the epitome, the recently broadcasted "Song of Lushan Mountain" tells the story of a group of researchers, entrepreneurs and workers who broke through the technical blockade, completed reform and innovation and built the i5 intelligent workshop.

From the military parade in founding ceremony where "the plane can’t fly twice" to the current military parade where "this prosperous time is as you wish", Through the stories of three generations of aviation people, Dream of Blue Sky shows the development process of China aviation industry in a panoramic way during the 70 years since the founding of New China, and shows the process of China aircraft manufacturing industry from scratch to strength.

Construction of the Third Line, Reform and Opening-up, and Development of the West … With the national "Third Line Construction" as the background, "Red Years" tells the story of the older generation of third-line builders challenging the world precedent to build a 3 million-ton large-scale iron and steel joint venture, Chuannan Iron and Steel Plant. Focusing on the history of the development of domestic electric locomotives, Pentium Years spans more than half a century, showing the new atmosphere of new China electric locomotives from introducing and absorbing foreign technology to truly realizing independent innovation and rapid development of "big country industry".

Red Years (I) Pentium Times (II)

The drama "Hard-core Era", which was recently released, has a time span of nearly 40 years. The drama is based on the birth process of China’s three-generation nuclear power technology "Hualong No.1", telling the struggle of several generations of nuclear power people in China, and also describing the pace of witnessing the rise of great powers in development.

On the screen, all kinds of industrial stories have played a stirring music score of the times.

Adhere to the realistic creative technique, and write the story of heavy industry in a big country in an accurate, true and professional presentation.

From the creative level, industrial dramas all choose realistic creative techniques, which are not only refined in terms of humanism and professionalism, but also quite realistic in content.

Can this loss-making enterprise, which has been focusing on manufacturing for many years, be successfully transformed by completely stripping off the mechanical engineering with serious losses and engaging in the hot financial and environmental protection technologies? Welding or selling insurance? What should more than 6,000 blue-collar workers do after being laid off? Without scientific research funds, how can researchers persist in innovation and independent research and development?

Focusing on practical problems and avoiding sharp topics, Song of the Mountain puts the narrative main line on the biggest contradiction of "Do you want to exchange heavy industry for finance" at the beginning, and truly shows the difficulties faced by the reform of state-owned enterprises through several aspects, such as the factory confrontation, the undercurrent company meeting and the research room that can’t pay wages.

In order to make the content more authentic, professional and hard-core, there are many witnesses to the development of China’s nuclear power industry to be broadcast as special actors and extras. On the set, these witnesses to the development of nuclear power industry sometimes act as consultants, helping actors understand lines and explain the pronunciation of professional terms, which helps the crew to clarify the meanings of many professional terms. At the same time, the main control room of the first-degree electric onshore model reactor, as well as scenes such as nuclear power compound, nuclear power office building and nuclear power family building, were restored at 1:1 in the play.

A true sense of time is a remarkable feature of Pentium Age, and from the steam train in 1950s, the first generation of electric locomotives to the domestic high-speed EMU, there are generations of youth and sweat behind the speed of China.

In order to restore the development of electric locomotive in China, the drama searched for trains from all over the world, including nearly 20 kinds of trains in various periods, such as steam trains, diesel locomotives and electric locomotives. At the same time, according to the ratio of 1:1, a number of train heads and carriages were made, ranging from historical scenes in various periods and train models in various stages to various props and parts, all of which were as consistent as possible with their historical stages.

In a long time, touching the pulse of the industrial development of big countries, these TV series dig out the true story of the rise of big countries in the unique form of film and television, and draw a map of China’s industrial development on the screen.

&&China’s story sailed on the network audio-visual "new power" | Network chinese theater Forum

get awaytheatre

&&Half poetic and half fireworks, "2022 Mid-Autumn Festival Wonderful Night" continued IP wonderful.

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&&Follow the 4K live broadcast and visit underwater archaeology in person.

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&&Looking at "China on the March" from an international perspective

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Chinese modernization fully demonstrates theoretical and practical value (international forum, reading China and reading the Communist Party of China (CPC))

  It is expected that China will continue to make new achievements on the road of promoting Chinese modernization, which will not only successfully achieve its own development goals, but also provide more development opportunities for all countries in the world.

  Realizing modernization is the common pursuit of people all over the world. There is no one-size-fits-all modernization standard in the world, and every country needs to explore a modernization road suitable for its own national conditions. China has continuously promoted and expanded Chinese modernization, made great achievements, and fully demonstrated its theoretical and practical value.

  Achieving high-quality development is one of the essential requirements of Chinese modernization. In recent years, China’s economic development plan has paid more and more attention to improving the quality of development. The continuous improvement of China’s scientific and technological innovation ability is an important achievement of China’s efforts to promote high-quality development. Today, China can independently explore space and deep sea, build the world’s largest high-speed railway network and 5G network, and make breakthroughs in frontier fields such as biomedicine and quantum science. China’s high-quality development continues to bear fruit, which is not only beneficial to China, but also beneficial to the world, providing a successful example for other countries.

  China has always adhered to the people-centered development thought in the process of promoting modernization. The China Municipal Government has taken effective measures to narrow the gap between the rich and the poor, continuously improved the social security system, and continuously strengthened the construction of ecological civilization, which has achieved important results and made Chinese modernization take on a different look from western modernization. China put forward the concept of people’s democracy in the whole process, enriched democratic forms, unblocked democratic channels, and expanded people’s orderly political participation from all levels and fields. China’s idea and practice of whole-process people’s democracy can provide reference for countries with different social systems in the world to develop democracy.

  Chinese-style modernization is a modernization that takes the road of peaceful development. China has always pursued to better safeguard world peace and promote common development through its own development. In Serbia, China has brought a lot of development opportunities. The railways, bridges and other infrastructure built by China enterprises have laid a good foundation for the development of many Serbian regions, and the factories invested by China have become the pillars of industrial development in their regions. After Smederevo Steel Plant was acquired by Hegang Group, China invested a lot of money to transform the plant in environmental protection and other aspects, which provided a lot of job opportunities for local residents and became the second largest export enterprise in Serbia. Serbia has established a comprehensive strategic partnership with China and actively participated in Central and Eastern Europe — China’s cooperation mechanism and the "One Belt, One Road" cooperation have learned a lot from the successful practice of Chinese modernization.

  Chinese modernization has made important contributions to enriching the theory and practice of global development. It is expected that China will continue to make new achievements on the road of Chinese modernization, which will not only successfully achieve its own development goals, but also provide more development opportunities for all countries in the world.

  (The author is the chairman of the Serbia-China Friendship Group of the Serbian Parliament)

The hope of Hong Kong’s new generation of actors reveals the business secrets behind the newcomers


1905 movie network feature With the sound of the horn for the resumption of work in theaters, a host of new films have been unveiled, including many heavyweight IP sequels.On the third day of the resumption of work, the sequel starring Andy Lau and Liu Qingyun became the first film to enter the "New Year’s Eve", set for December 24, 2020.


A week later, the sequel starring Liang Jiahui, Gu Tianle, Wu Zhenyu and Lin Jiadong released a teaser poster and made a high-profile appearance.


One is that Qiu Litao and Andy Lau joined forces to defuse bombs for the second time to enter the New Year’s Eve file, and the other is that Wang Jing used the theme to bring Hong Kong film stars back to the film market. I believe that fans who have not gone to the cinema for a long time will be happy to see this. After all, Hong Kong films have once again rushed to the forefront of the revival of the film market, and we will soon be able to reunite with our idols on the big screen.


However, this surprise is also mixed with a subtle and complex emotion, that is, although the lineup is still strong, are these starring stars too familiar?


Déjà vu! The iron star has dominated the screen for 30 years


Judging from the lineup of these two new films, we have seen Andy Lau, Louis Koo, Wu Zhenyu, Liu Qingyun, Liang Jiahui, Lin Jiadong, Jiang Haowen… This batch of male actors over 50 years old still sit firmly in the starring position with their excellent acting skills and undiminished popularity – the last time I saw Andy Lau as the starring role was last year, he cooperated with Koo Tianle and Lin Jiadong, and we will see him starring in the second half of this year;


The last time I saw "public welfare model worker" Gu Tianle, there was also his starring role last year (with Wu Zhenyu) (with Lin Jiadong and Lin Yu) (with Liang Jiahui and Lin Jiadong) "Apostle Walker 2" (with Zhang Jiahui and Wu Zhenyu) (with Jiang Haowen)…



The last time I saw Wu Zhenyu, in addition to "Home and All Things Shocked" and "Apostle Walker 2", there were also;



The last time I saw Liu Qingyun was when he starred in (with Zhang Jiahui) and;


The last time I saw Leung Ka Fai was last year when he starred in "Chasing the Dragon 2" and;



The last time I saw Lin Jiadong’s movie was also the works I just mentioned last year: "Anti-Corruption 4", Anti-Drug 2 "," Dragon Chasing 2 "…



The last time I saw Jiang Haowen, in addition to the gold medal male characters in the above-mentioned movies, there were also Du Peng, who had an aura no less than Chen Chong last year, the Kuomintang officers in "Liberation: Final Rescue", and the agents in the hospital’s transfer network this year. They were representatives of the continuous expansion of drama in addition to the traditional police and bandit model.


Of course, let alone Jackie Chan, the pride of the Chinese in the world and the leader of kung fu films; Donnie Yen, who has been playing until today with "Ip Man"; Tony Leung, who is not an honest god in literary films but has been playing from Hancheng and Tokyo to Europe; Zhang Jiahui, who has fallen in love and killed with Gu Tianle and Liu Qingyun in multiple film series; Guo Fucheng, who is in his 50s as a young and middle-aged painter without any sense of incompatibility; Zhou Yun-fa, who has evoked the climax of fans again and again with classic scenes such as "Unparalleled"; Ren Dahua, who is still difficult to get rid of the inherent image of the gang boss after his literary and artistic life; Qin Pei, Zeng Jiang and Lu Haipeng, who are irreplaceable "old men" in Hong Kong films; in addition to Jiang Haowen, the other golden green leaves – Huang Rihua Miao Qiaowei, Liao Qizhi, Lin Xue…



Having said so much, if you "taste it in detail", except for Stephen Chow who retreated behind the scenes, Jacky Cheung who gradually faded out of the film industry, Liming, Nicholas Tse, Zhang Zhilin who transitioned from the film industry to variety shows, and Leslie Cheung who accidentally left us, it seems that most of the leading lineups of Hong Kong movies are like yesterday. Ten years ago, twenty years ago, thirty years ago… These familiar faces are active on the big screen.



Even at last year’s Hong Kong Film Awards, the average age of the five best male actors nearly reached the average retirement age of 59. Where are the young people, one might ask?


Helpless? The business experience behind the newcomer of flowing water


It is true that young Hong Kong actors are still there, and their acting skills are not inferior when shooting opposite big-name male actors. They also have a good understanding of the characters, and even have a good way of acting in line with the image. Just like Li Zhiting, who started from a high starting point and later transformed into a business route, just like Zhang Jicong and Cai Hanyi, who took one step at a time, but except for Li Zhiting, most of them can only play some supporting roles. Moreover, the group of young actors in Hong Kong is far less than the population base of the golden age of Hong Kong movies, and it is difficult to produce enough outstanding elements without sufficient denominators.




Even Lin, who was once popular, could only come forward with the ruthless villain in "Anti-Corruption Storm 4", and finally became the oldest young hero in history, Zhang Wuji – similar to him are Zheng Jiaying, Tan Yaowen, etc., obviously in the year of the war, but only in supporting roles.


So far, we have seen a hint of the generational development of Hong Kong male actors: the ironclad leading role has been firmly seated by the big names with excellent acting skills and still popularity, and even the old male stars, so that the number of Mesozoic and newcomers who are not dominant at all have only supporting roles and small-cost productions.


Behind this phenomenon is undoubtedly the over-reliance of some investors on commercial value – in order to ensure box office returns, only mature actors are invited, familiar templates are used, and familiar light and shadow flavors are prepared. They dare not and will not give newcomers a chance, which leads to the repetition of "dishes" and the stagnation of "flavors" in disguise. In other words, investors’ attitude towards movies is more like an assembly line commodity than a one-of-a-kind work of art.


In the long run, although the commercial box office of the film has been guaranteed for a certain period of time, the exploration of art has been stagnant, which not only goes against the artistic nature of the film, but also will not benefit the commercial film box office that draws nutrition through artistic innovation. Just like the well-conceived "Peerless" still pins its selling point on the feelings of 30 or 40 years ago, rather than creating a new "Peerless" memory.



In other words, it has been imitated since 1986 and has never been surpassed.


Movies are like this, but why aren’t the actors like this?After winning the award for "The Thief of the Years" in Berlin, the directorLuo QiruiOne word came up: the Hong Kong spirit. "The Hong Kong spirit is a spirit of hard work, forge ahead, flexibility and self-improvement," he said. For decades, Hong Kong films have prided themselves on the "Hong Kong spirit" under the Lion Rock, which has become an extremely important theme in films, even beyond the existence of famous directors and stars.


So we have the optimistic and confident "Time Thief" that does not lose hope in the aesthetics of violence, "one step is difficult, one step is better" in the face of adversity, "McDull" that believes that tomorrow will be better, and "Little People Dream Big" under the reflection of the spirit of Hong Kong…


Perhaps the most valuable asset for young actors in Hong Kong is not the opportunity to cooperate with famous directors and celebrities, nor the ever-changing salary income, but the generations of seniors who have come all the way, illuminating the Lion Rock and illuminating the path under each actor’s feet.


If movies can do this, why can’t actors?


Meicheng mooncakes respond to additive issues and have cooperated with regulatory authorities for verification

Meicheng mooncakes respond to additive issues

After the Mid-Autumn Festival, the controversy over "Meicheng Mooncake" has not subsided. The product advertised as Hong Kong Meicheng Mooncake, promoted by the online celebrity "Crazy Brother Yang" and the live streaming host of the Three Sheep platform, was found to have no physical point of sales in Hong Kong, and the place of production was not Hong Kong. The news triggered public discussion. On the morning of September 18, a reporter went to Guangzhou Meicheng Food Technology Co., Ltd. in Shiling Town, Huadu District, Guangzhou to conduct a field investigation. The company is one of the manufacturers shown in the packaging of "Meicheng Mooncake". According to the staff at the scene, the company’s business is running normally and has cooperated with the Guangzhou market supervision and management department to accept relevant inspections.

Meicheng mooncakes respond to additive issues

Reporters observed that the industrial park where Guangzhou Meicheng is located also houses a number of companies involved in glass products, plastic products, webbing and luggage accessories. Guangzhou Meicheng’s office building is prominently hung with the logo "Hong Kong Meicheng Food", and the walls are also decorated with the slogan "Hong Kong Meicheng" and "Meicheng · Create China’s high-end fashion souvenir". Although some employees are on vacation, the company’s operations have not been affected.

Meicheng mooncakes respond to additive issues and have cooperated with regulatory authorities for verification

In response to hot questions about whether Meicheng mooncakes are authentic Hong Kong products, whether they are made by Michelin chefs, and whether they contain black truffles, the staff responded that the specific details will not be answered until the vacationers return. At the same time, he confirmed that the market supervision department has completed the on-site verification and the company has provided the necessary information to cooperate.

Meicheng mooncakes respond to additive issues and have cooperated with regulatory authorities for verification

In addition, the reporter found that on an e-commerce platform, the moon cake products in the "Mei Chengli Flagship Store" have been removed from the shelves after the Mid-Autumn Festival, which is in line with the sales law of such seasonal products, while other non-seasonal products are still selling normally. However, there are still three product links displayed in the store on the morning of September 18. By the afternoon of that day, there is only one "Western Cake Gift Box" product left, and it shows that it has been removed from the shelves. The store customer service explained that the reason is "stock is exhausted".

Jiangling E Road, to meet the needs of the whole scene is awesome

[Rider Toutiao-Rider Number-My Car Wheel] Jiangling E Road is the first pure electric light truck newly developed by Jiangling New Energy brand. It refreshes a number of performance standards of pure electric light trucks in power, energy saving, battery life, braking, etc., and defines the new standard of global pure electric light trucks. With product advantages such as peace of mind, comfort, high efficiency, reliable quality, safety and thoughtful, and value-added protection, it has become a popular model in the field of pure electric light trucks.

Jiangling E-Luda is equipped with a high-torque flat-wire motor from Bosch, with a maximum power of 167 kW and a peak torque of 420 Nm. This dynamic performance is not only easy to accelerate and climb, but also effectively improves transportation efficiency. In addition, Jiangling E-Luda is also equipped with silicon carbide all-in-one controller technology, which not only reduces power loss, but also realizes the lightweight of the vehicle, further improving the performance and efficiency of the whole vehicle.

In terms of driving comfort, the interior of Jiangling E-Luda is wrapped in a large area of soft materials, giving the cockpit exquisite quality. The car also provides ergonomic passenger seats and armrests, which can effectively relieve the fatigue of logistics users for a long time. In terms of after-sales services, E-Luda’s key battery pack also provides 8 or 400,000 kilometers of quality assurance and ten years of free maintenance of the rear axle, so that users can buy cars with more confidence and comfort.

Jiangling E-Road has customized different models for different industries, fully covering express logistics, fruit and vegetable distribution, building materials and furniture, cold chain transportation and other full-scene sub-fields.

Express transportation, large space for more:Jiangling E-Luda light truck has a large cargo box volume, which can load more express items and improve transportation efficiency. Moreover, its excellent dynamic performance allows you to easily deal with various road conditions during express transportation and ensure the safety of express items.Fruit and vegetable transportation, "sandwich" design to keep fresh:The cargo box of Jiangling E Road Light Truck adopts "sandwich" XPS insulation compartment, which can still maintain a good thermal insulation effect in humid environments, which can effectively prevent the loss of fruits and vegetables during transportation and ensure the freshness of fruits and vegetables. At the same time, its refrigerated version is tailor-made for fruit and vegetable transportation, which can keep fruits and vegetables at a suitable temperature during transportation and prolong their shelf life.

Building materials transportation, large load is more stable:The cargo volume of Jiangling E Road Light Truck is large, which can load more building materials at one time, reduce the number of transportation and improve transportation efficiency. Moreover, its excellent bearing capacity can ensure the safety and stability of building materials during transportation and avoid accidental damage.

Cold chain transportation, advanced technology for better preservation:The refrigerated version of Jiangling E-Luda light truck adopts advanced refrigeration technology, which can provide a stable low temperature environment for cold chain items and ensure their freshness and quality during transportation.

Buy Jiangling E-Road Light Truck now, and there are multiple promotions: the official price reduction plus the highest discount, cash discount, and triple gift superposition, the comprehensive discount of Jiangling Lexing E-Road reached 27,000 yuan! The event ends on April 30, don’t miss it! (Text/rider number My car wheel reel)

40,000 yuan discount! RAV4 Rongfang Exploration Store: equipped with 2.0L power + timely four-wheel drive, so fragrant?

As a compact SUV, it provides a fuel version and a hybrid version. How is its product strength? Forrest Gump went to the store to experience the 2.0L CVT four-wheel drive adventure flagship version with a guide price of 233,800 yuan. Let’s take a look together.

In terms of appearance, it continues the family-style design style and is more dynamic and fashionable. The front face is blackened by the upper air intake grille; the fog lamps on both sides are hidden in the air guide groove decoration and connected by a black trim plate, which makes the layering feel clearer. The metal texture of the front bar adds a dynamic attribute to the vehicle.

On the side of the body, several fold lines outline a certain feeling, which is more in line with the aesthetics of young people. At the C-pillar of the body, a touch of black trim creates the look of a suspended roof. The side skirts and eyebrows of the body are wrapped in gray scratch-resistant material. The wheelbase size of the RAV4 Rongfang is 2690mm.

At the rear of the car, the slightly prominent taillight group has a good recognition when lit. The lower surround is also covered with metal-textured trim, giving people a good sense of security.


Entering the car, the T-shaped center console adopts a multi-level design, and the interior materials are wrapped in certain soft materials, which feels good to the touch. Three-frame type, wrapped in leather, supports up and down + front and rear adjustment. 10.25-inch center control screen, supports,, Hicar, these configurations are more intimate; the physical knobs and buttons such as air conditioners are retained below, which is more practical. A storage tray is set under the dashboard, which can place personal items such as mobile phones, which is more practical and convenient.

In the central channel, there is a 12V and a USB charging port in front, which is more convenient for daily charging of mobile phones; two water cup seats are set in the rear, which is more practical. In terms of auxiliary control configuration, it is equipped with front, 360 ° panoramic images, full-speed adaptive cruise, etc. These configurations can effectively reduce our driving pressure in scenarios such as parking and warehousing, high-speed cruise, etc. Other configurations, including openable panoramic sunroof, keyless start, front keyless entry, remote start, automatic dual-zone air conditioning, Karaoke function, etc., the configuration is relatively rich and practical.


In terms of riding space, Forrest Gump, who is 180cm tall, sits in the first row, with a punch in the head space; entering the second row, the legroom exceeds 2 punches, and the head space has 4 fingers; the lateral space of the second row of seats is relatively ample, and there is no problem riding 3 adults. In the second row, an independent air conditioner is set up to exit the trend, and 2 Type-C charging ports are reserved below. It is worth mentioning that the seat of RAV4 Rongfang is wrapped in leather and fur, which feels more delicate.

In terms of power, the RAV4 Rongfang is equipped with a Toyota M20D 2.0L, using hybrid injection technology, with a maximum power of 126kW and 171 horses. It is relatively mature and reliable. It matches the CVT gearbox and is equipped with a multi-disc clutch-type central differential, which supports timely four-wheel drive. The WLTC has a comprehensive fuel consumption of 6.84L per hundred kilometers. For a four-wheel drive SUV, this fuel consumption performance is still good.

We had a test drive experience. In the standard comfort mode, the power output of the RAV4 Rongfang was relatively positive and smooth, and the start was relatively brisk. Before and after, the tuning was relatively comfortable, and the fine bumps on the urban asphalt road were filtered well; at a certain speed, after passing, the "bang" passed, and the body posture remained relatively stable. The brakes are relatively close to the feet, the steering wheel feels light, and the overall driving experience is relatively comfortable and easy to drive.

[conclusion] Overall, RAV4 Rongfang, dynamic and fashionable appearance, rich and practical configuration, comfortable ride, timely four-wheel drive + fuel consumption performance is bright, the overall product force is relatively strong. According to the store sales staff, the current RAV4 Rongfang has a discount of about 40,000 yuan (there are differences in different regions, please consult the local 4S store for details). What do you think of the first RAV4 Rongfang? Welcome to follow Forrest Gump’s car talk and leave your views in the comment area.

Xiaomi AI speaker "Xiao Ai Classmate MINI Edition" exposure: super small size, cute appearance

IT Home reported on March 18 that today, some netizens exposed the new version of Xiaomi AI speakers on Weibo – "Xiao Ai Classmate MINI Edition". He said that the price of "Xiao Ai Classmate MINI Edition" is expected to be 199 yuan, and it may be released together with Xiaomi MIX2s on March 27.

From the exposure photos, the small love speaker mini is smaller in size and rounded as a whole. It looks a lot like a reduced version of a rice cooker, which is very cute.

The interactive area is a small disc with buttons such as sound + -, pause, etc. Although there is no obvious reference, I feel that the size of this stereo should not exceed 25cm.

▲ The workstation is packing the Xiao Ai stereo, and the packaging box shows that the name of this stereo is "Xiao Ai Classmate MINI Edition".

Xiao Ai is the two-dimensional character image of the artificial intelligence speaker released by Xiaomi on July 26, 2017. The Xiaomi AI speaker equipped with it can play music, radio on demand, as well as cross talk, novels, talk shows, education and learning, children’s A variety of audiobook content can also control Xiaomi TV, sweeping robots, air purifiers and other Xiaomi and ecological chain equipment, and can also control third-party products through Xiaomi sockets and plug-in boards.