Xiaomi Automobile, which invested 10 billion yuan, has earned back 4 million yuan.

Headline reported today.
The photo of Xiaomi car was exposed again. Different from the declaration map published on the website of the Ministry of Industry and Information Technology and the spy photos circulated on the Internet, this time it is a millet SU7 with a light green appearance. Fresh colors, many young people said that they were moved and "must rush."On the hot search together with the photos of Xiaomi car, it is the topic that "Xiaomi car will lose 3 million fines if the media leaks". Therefore, some netizens ridiculed, and a supplier was fined 1 million yuan for leaking Xiaomi’s design draft at the beginning of this year. At present, Xiaomi Automobile has earned 4 million yuan. In addition to the photos of Xiaomi Automobile, Lei Jun, the founder, chairman and CEO of Xiaomi Group, also talked about Xiaomi Automobile in the CCTV face-to-face column yesterday. Lei Jun said that he built the car with the assurance that he was determined to win. There are two principles for Xiaomi to build a car. The first one is "keeping the integrity surprisingly". Keeping the integrity is to fully respect the laws of the automobile industry and use the mature technology of the automobile industry to ensure that the first car can be built well; The second is "ten times the investment". Generally, a car company invests about 300 to 400 people in building a car, and about 1 billion or 2 billion R&D funds, while Xiaomi invested 3,400 engineers in the first car, and the entire R&D investment exceeded 10 billion.More and more details show that "the first car for young people" is about to be pushed into the spotlight and be judged by the market.Xiaomi car "hit the face"?On November 15th, the first model of Xiaomi Automobile appeared in the 377th batch of Announcement of Road Motor Vehicle Manufacturers and Products issued by the Ministry of Industry and Information Technology. The declaration map shows that the first model of Xiaomi Automobile is a pure electric car, and there are two models, namely SU7 and SU7 Max.As soon as the picture came out, many fans thought that Xiaomi’s car hit Porsche. The media electric gorilla made a series of pictures, comparing the front face, taillights and waistline of Xiaomi car and Porsche TayCan. "It’s not that Porsche can’t afford it, but that Xiaomi is more cost-effective." Some car fans even ridiculed Xiaomi’s car "Bao Shi Mi".In terms of specific parameters, the length, width and height of Xiaomi SU7 are 4997mm/1963mm/1455mm, the wheelbase is 3000mm, and the height of Xiaomi SU7 Max is 1440mm, and the other parameters are the same. Xiaomi SU7 will have two battery capacity versions, the battery pack capacity is 101kWh and 73.6kWh respectively, of which the battery life of 101kWh is 800km and 750km; respectively; The battery life of 73.6kWh battery pack is 668km and 628km respectively. Xiaomi Automobile adopts ternary lithium-ion battery made in Contemporary Amperex Technology Co., Limited, and its driving motor has a peak power of 220kW/275kW. It is also equipped with an automobile event data recording system (EDR). In addition, when the spy photos of Xiaomi’s car frame were exposed, some fans thought that the handle area of Xiaomi’s car interior door panel was similar to Tesla Model 3.At present, there are various spy photos, "ID photos" and unpainted driving photos of Xiaomi Automobile on the Internet, and most rice noodles are satisfied with the appearance of Xiaomi Automobile exposed at present.Does Xiaomi Automobile insist on cost performance?At present, the news on the market is that Xiaomi car is divided into standard version, Pro version, Max version, and track version that will not be mass-produced, and the price is concentrated at 190,000-300,000 yuan. Guo Ming, an analyst at Tianfeng International Securities, said that the key selling points of Xiaomi Automobile are autonomous driving, software ecology and 800V fast charging and power configuration, and the estimated price is less than 300,000 yuan. Han Lu, a senior car blogger, previously broke the news that Xiaomi Automobile is positioned as a C-class luxury car with a minimum price of around 300,000 and a high allocation of around 500,000. At present, this Weibo has been deleted. Earlier, the article said that Xiaomi Automobile was priced at 260,000 yuan and divided into two versions. The price of low-profile models ranges from 260,000 to 300,000 yuan, and the price of high-profile models exceeds 350,000 yuan. However, the price of Xiaomi car will be as low as 200,000, or 200,000-300,000, or more than 300,000. The price of the three stages directly determines whether Xiaomi car still focuses on the familiar "cost-effective" formula. After the announcement of building a car, Lei Jun initiated a vote on the pricing of Xiaomi car, with nearly 20,000 people participating, with the largest number of netizens choosing less than 100,000 yuan, followed by 100,000-150,000 yuan. However, from the current exposure of Xiaomi car configuration, the pricing below 150,000 is indeed somewhat difficult. Xiaomi automobile, which has not yet been released, has already faced an increasingly new energy market. This year, new energy vehicles started a price war. Near the end of the year, in order to rush sales, the promotion methods of car companies are becoming more and more crazy. According to a document issued by Cui Dongshu, the current secretary-general of the National Passenger Car Market Information Association, the promotion of new energy vehicles increased especially in November this year, and it has reached the historical high promotion level since last November.According to the data of Easy Car, in the last month of 2023, Jiyue, BYD, Tucki, Zhiji, etc. adjusted the prices of various series of vehicles one after another, and other new energy vehicles also introduced various preferential policies to buy before the end of the year. Can the fans be satisfied with the final pricing of Xiaomi Automobile at the moment of rushing sales volume and volume price at the end of the year? Is Xiaomi Auto released this year?Yesterday was also Lei Jun’s 54th birthday. Last night, Lei Jun sent a message thanking his friends for their birthday wishes, with a picture that "everything will work out in the end". Because of this point in time and the word "car", netizens, while wishing Lei Jun a happy birthday, also wondered whether the Xiaomi auto conference was coming. The blogger "Game Technology" of Xiaohongshu previously published a document saying that Xiaomi has "finalized" the launch conference of Xiaomi Automobile in Beijing on the 28th. The internal staff of Xiaomi Automobile denied that "the time has not been fixed yet, and we are really considering this time point". There have been more and more official actions of Xiaomi Automobile, such as Xiaomi Automobile Weibo, which has just been opened and the speed of light is off the assembly line, Xiaomi Automobile official website, which has only a few photos, and some Xiaomi Houses in Beijing and Shanghai, which have started to confirm the display of automobiles. According to national business daily, the four major manufacturing workshops (stamping, welding, painting and assembly) in the first-phase factory of Xiaomi Automobile have been built, and small-batch trial production has started, and all the produced cars are parked in the assembly workshop. At the Xiaomi 14 conference, Lei Jun said when answering questions from netizens that Xiaomi Automobile is progressing very smoothly and will be officially listed in the first half of next year. When the time is right, report to everyone. Will this "appropriate time" be the end of this year? In the "Face-to-Face" column, Lei Jun said that he was a little anxious: "I am particularly worried that everyone will not buy it if it doesn’t catch fire; I am even more worried that everyone will buy it. If you wait for 1-2 years, you will definitely be scolded. Can the upcoming Xiaomi car satisfy the majority of rice noodles? And what changes will Xiaomi cars and rice noodles bring to the automobile industry? We will wait and see.

What are the advantages of the new rules of auto financing companies?

  A few days ago, the State Financial Supervision and Administration announced the "No.1 Order" since its listing — — The Measures for the Administration of Auto Finance Companies was revised and released, and will come into force on August 11th.

  As a professional financial institution supporting and serving the automobile industry chain, auto finance companies have grown from scratch and played a positive role in promoting China’s automobile consumption, helping to smooth the automobile industry chain and supporting the stability of the macro-economic market.

  The insiders believe that the release of the new "Measures" after this revision is conducive to further strengthening the supervision of auto finance companies, guiding them to operate in compliance with laws and regulations, and continuing to operate steadily, prompting them to adhere to the functional orientation of specializing in auto consumer credit, continuously improving the quality and efficiency of serving the real economy, and achieving high-quality development.

  Adapt to market changes

  An auto financing company refers to a non-bank financial institution established with the approval of the State Financial Supervision and Administration to provide auto financing services. The first professional organization in the industry is SAIC General Motors Finance Co., Ltd., which was established in 2004. The Industry Development Report of China Auto Finance Company (2022) issued by China Banking Association (hereinafter referred to as "Report") shows that by the end of 2022, there were 25 auto finance companies in China, with assets of 989.195 billion yuan, which remained stable on the whole. The balance of retail loans was 785.258 billion yuan, down slightly by 3.51% year-on-year; The balance of inventory wholesale loans was 112.69 billion yuan, up 8.73% year-on-year; The balance of financial leasing was 6.15 billion yuan, an increase of 29.45%.

  With the development of auto financing company industry, the management measures have undergone three revisions. The first edition was the Administrative Measures for Auto Financing Companies issued by the former CBRC in 2003, and the corresponding implementation rules were also issued in the same year. The second edition is the "Measures for the Administration of Auto Financing Companies" issued by the former CBRC in 2008, which has been significantly revised. The third edition was released after this revision.

  "In the 15 years after the promulgation and implementation of the original Measures, profound changes have taken place in the domestic automobile industry and automobile consumption market." Ye Huaibin, a researcher at China Bank Research Institute, said. Up to now, China’s automobile production and sales volume has ranked first in the world for 14 consecutive years, the gap between the production and manufacturing of fuel vehicles and the traditional automobile powers has been narrowing, the advantages of the new energy automobile industry are remarkable, and the industry’s "going out" has become a development trend.

  Moreover, after continuous high growth, the growth rate of urban automobile penetration rate in China has slowed down obviously, and the automobile consumption market has gradually matured, and consumers pay more attention to full-cycle financial services such as automobile maintenance and after-sales.

  "From the perspective of the industry growth trend, the value chain of the automobile industry is being reshaped, and all links in the automobile industry chain need strong financial support." The person in charge of SAIC General Motors Finance told the reporter. On the one hand, automobile sales are no longer just one-off product sales, but have gradually turned into continuous automobile ecosystem services. After-sales and derivative consumption of automobiles will become the main profit growth points and an important driving force for the sustainable development of the automobile market. Retail customers’ demand for financing has also expanded from single car financing to after-sales, derivative and other car life cycle financing needs. On the other hand, with the deepening of electrification, networking, intelligence and the rise of shared services, new production methods and service methods will introduce more participants into the automobile industry chain and become important members of the supply-side reform of the automobile industry, such as shared automobile operators, after-sales parts manufacturers and service providers, intelligent terminal equipment providers, insurance institutions and after-sales maintenance institutions, which will bring new financing needs.

  "After these years of development, the position of auto finance companies in the auto finance market has become increasingly stable, and auto finance has become an important part of the financial market." Ye Huaibin told reporters that according to Roland Berger, a management consulting company, in 2022, the share of auto finance companies in the domestic auto finance market was about 41%, which was basically the same as that of commercial banks’ auto finance business with 42%. In addition, there were financial leasing companies accounting for about 17%.

  The data also shows that the financial penetration rate of China’s new car market has reached 58% in 2022, an increase of 20 percentage points over five years ago; The financial penetration rate of the used car market was 38%, up 13 percentage points from five years ago. "In the face of profound changes in the industry, the implementation of this new regulation is conducive to promoting the high-quality development of the auto finance industry, supporting and expanding auto consumption, and enhancing the international competitiveness of China’s auto industry." Ye Huaibin said.

  Strengthen standardized supervision

  From the content point of view, the new Measures are mainly revised in four aspects: strengthening supervision based on risk, adapting to the market demand of high-quality development of automobile industry, strengthening corporate governance and internal control, and implementing the policy of opening to the outside world. "The focus of the revision is to strengthen risk prevention and control and corporate governance." Ye Huaibin believes.

  In order to guide auto financing companies to focus on their main business, the new regulations cancel the equity investment business. Put forward higher requirements for investors, strengthen shareholders’ support for auto financing companies, appropriately expand the scope of shareholders’ deposits, and cancel the term of time deposits. Risk management requirements have been increased, liquidity risk supervision indicators have been added, and regulations on major emergency reporting, on-site inspection, extended investigation and tripartite talks have been improved.

  The investor threshold has also been greatly improved in this revision. For example, it is stipulated that the investor of an auto financing company is a non-bank enterprise legal person legally established inside and outside China, and the main investor must be an automobile manufacturing enterprise or a non-bank financial institution. "Automobile sales enterprises are no longer among the major investors." Hu Wubin, the founding partner of Shaanxi Andexin Commercial Vehicle Service Co., Ltd., told the reporter.

  In addition, detailed requirements are made on what conditions non-financial institutions and non-bank financial institutions should have as investors of auto finance companies. For example, if a non-financial institution is required to be the controlling shareholder, its net assets must be no less than 40% of the total assets at the end of the last fiscal year, and it has been profitable continuously for the last three fiscal years.

  At the same time, at least one investor of an auto financing company should have more than five years of rich experience in auto consumer credit business management and risk control, or introduce a qualified professional management team for the auto financing company, including at least one senior manager with rich experience in auto finance and one risk management professional.

  "The requirements for the strength of investors and business areas are obviously stricter than before the revision, which reflects the prudent supervision attitude of risks, which is conducive to the steady development of auto finance companies themselves and to their real role in supporting the auto industry." Hu Wubin believes.

  The new Measures also add requirements for corporate governance and internal control, focusing on the regulatory requirements for equity management, "three meetings and one floor", related party transactions, information disclosure, consumer rights protection, internal and external auditing and information systems, and strengthen the corporate governance construction with the characteristics of auto finance companies.

  "One of the highlights of this revision is to highlight the risk-oriented, put the prevention of financial risks in the first place, and lead the scientific, professional and standardized development of auto finance companies." The relevant person in charge of SAIC-GM Automotive Finance told reporters that "prudent management and risk-oriented are the cornerstones for auto finance companies to achieve sustainable and high-quality development. The regulatory requirements of these two chapters provide important support and solid guarantee for the steady development of the industry, and the company will fully support and resolutely implement them."

  The future is vast.

  "In the past, buying a car with a loan could only be used to buy a car; In the future, if you want to add additional equipment to your car, such as car clothing film, navigation equipment, driving recorder, etc., you will also be able to borrow money from auto financing companies. In this way, the financial threshold for us to complete the car and some surrounding equipment can be lowered. " Xiao Li, a Beijing citizen who is looking at the car recently, said happily after hearing the latest introduction from the sales staff of 4S shop.

  The highlight of this revision is that it has opened up new space for auto financing companies in business scope, exhibition area and financing channels, which will better stimulate consumption in the auto market, support the auto industry to "go global", improve the liquidity management level of auto financing companies and promote the high-quality development of the industry.

  The aforementioned "Report" shows that auto finance companies have exerted their efforts from both the retail end and the supply chain end, which has played an effective role in stimulating new kinetic energy of consumption and supporting small and medium-sized micro-dealers. By the end of last year, 25 auto financing companies nationwide had 6,554,400 retail loan vehicles, including 6,009,100 new car loan vehicles, accounting for 22.37% of China’s auto sales last year; Dealers lent 3,634,800 vehicles wholesale, accounting for 13.45% of China’s automobile output last year. Among them, there were 1,158,800 new energy vehicle loans, and the accumulated loan amount was 98.603 billion yuan, a year-on-year increase of 90.68%.

  In order to meet the needs of high-quality development of the automobile industry, this revision further includes automobile accessory financing in the business scope, allowing customers to apply for accessory financing separately after handling automobile loans. It is allowed to provide loans such as inventory purchase and maintenance equipment purchase to automobile after-sales service providers. Allow the financial leasing business in the mode of sale and leaseback, and stipulate that leaseback business must be based on the real trade background of vehicles.

  "China auto industry has entered a new historical development stage, and it is necessary to adjust the business scope of auto finance companies around the changes in market structure and the transformation of growth kinetic energy in the new stage. Including strengthening financial support for the automobile after-sales market and increasing the types of financial services of after-sales service providers, it has increased financial support for the current and future development of the automobile market from multiple dimensions. " The relevant person in charge of SAIC General Motors Finance believes that this is a concrete measure to deepen the structural reform of the financial supply side and is conducive to promoting finance to better serve the real economy.

  Zeng Xiaowei, a think tank expert of Rongyixue Industrial Leasing Talent Research Center, believes that this expansion of business scope will have a positive effect on promoting automobile consumption. "For example, the accessory financing business is expected to support consumers’ financing needs for updating new energy vehicle batteries in the future. In the long run, it is possible to give birth to ‘ Battery bank ’ The new format will bring new imagination to the convenience of new energy vehicle consumers and industry development and help green development. "

  In addition, auto finance companies will also be allowed to set up overseas subsidiaries to provide financial services for national brand cars to explore overseas markets and support China’s auto industry to "go global". In order to implement the requirements of the opening-up policy, the restrictions on the asset size of non-financial institutions’ investors have also been lifted. "This is conducive to expanding financial opening up and supporting ‘ Belt and Road ’ Construction has laid a good foundation for building a domestic and international dual-cycle pattern of China’s automobile industry. " The relevant person in charge of SAIC General Motors Finance said.

  Where reliable and low-cost money comes from is one of the most fundamental factors for auto financing companies to better play their role in supporting the real economy. At present, the financing channels of auto financing companies have extended from single bank loan and capital injection to more diversified directions. From 2020 to 2022, a total of six auto finance companies completed capital increase, and one of them completed capital increase in 2022. In 2022, 17 auto financing companies issued 44 single asset-backed securities, with a total issuance scale of 216.68 billion yuan; Two auto financing companies issued three financial bonds with a total issuance scale of 7 billion yuan. In addition, many auto finance companies actively tried to apply green financing tools. In 2022, four auto finance companies issued seven green asset-backed securities, with a total issuance scale of 22.24 billion yuan. An auto financing company issued green financial bonds with a scale of 1 billion yuan.

  In the future, the financing channels of auto financing companies will be further broadened, which will help to improve their liquidity level and operational efficiency and reduce the cost of debt, thus reducing the financing costs of enterprises and individual customers and supporting the development of the real economy.

  The data shows that all the supervision and management indicators of auto finance companies are in good condition at present. By the end of 2022, the industry average liquidity ratio reached 227.84%; The average capital adequacy ratio of the industry was 23.31%, an increase of 1.52 percentage points over the end of last year; The industry average non-performing loan ratio is 0.71%, which is 0.13 percentage points higher than that in 2021 due to the COVID-19 epidemic, but it is still at a relatively stable level.

The Story of China People: Wang Mingli: From a War Hero to a Poverty Alleviation Hero

  The breeze blows gently, and the tea in Sinan Chenxi Ecological Tea Garden is fragrant.

  Ten years ago, it was once a barren hill, and the per capita annual income of villagers nearby was less than that of 800 yuan. Ten years later, thousands of acres of tea gardens here are a million hectares, and the per capita annual income has increased by nearly seven times.

  With a 6 kg prosthetic leg, Wang Mingli dragged his broken legs on this road for 10 years. He led the veterans and the local people to find a way where there was no road, and turned the barren hills and stone ridges into more than 4,000 acres of ecological tea gardens.

  Wang Mingli, Party branch secretary and trade union chairman of Chenxi Ecological Agriculture Professional Cooperative in Sinan County, Guizhou Province, and chairman of Dongsheng Forest Breeding Family Farm in Sinan County, is in the tea garden. Photo courtesy of myself

  Blood-stained battlefield, the iron-hearted hero will never regret losing his leg

  "It is not easy to survive, we must be strong!"

  In April 1984, the battles of Laoshan and Zheyinshan started. At the age of 20, Wang Mingli wrote six letters of invitation, urging the company to hand over the most difficult combat tasks to the sharp knife class he led.

  On the battlefield, he rushed to the front and died, but unfortunately he was injured by enemy shrapnel in his right leg and blew up his left leg. Wang Mingli, who woke up from a pool of blood, did not flinch. While fighting back, he dragged his disabled body to continue fighting, completed the combat mission with tenacious perseverance and rescued the injured comrades.

  Although the war cost him a leg, it didn’t take away his hope for life. In the eyes of Wang Mingli, he is still lucky. "Many of my comrades-in-arms have died, and I am still alive. I am lucky. I should cherish my hard-won life."

  Return from disarmament, take root at the grassroots level and open up a new battlefield.

  In 1985, Wang Mingli retired to his hometown. The fighting spirit of "I’d rather die before and never take a step back" was like a bright lamp, which lit up his way forward. In 2000, Wang Mingli was selected as a resident cadre. He found that there were some veterans in the countryside, and they had a hard time because they didn’t have any skills. Seeing that his comrades-in-arms and local people are suffering from poverty, his heart is very unpleasant. How can we find a way for them to get rich? Wang Mingli turned his attention to Wanjiashan, the origin of Yan tea in history.

  Sinan, where Wang Mingli is located, is located between Wuling Mountain Range and Daloushan Mountain Range. It is rocky and full of thorns. In the eyes of local people, Wanjiashan is a "dead mountain" without access, water and electricity!

  Can you dig out a tea garden on the "Dead Mountain"? Almost everyone thinks this is impossible, but Wang Mingli believes it. Sinan has a long history of planting tea, and suitable soil and climate conditions have made Yan tea a tribute tea. Today, Sinan can also grow good tea.

  He dragged his heavy prosthetic leg and climbed up Wanjiashan. The land here is barren, and the people on the mountain eat corn and potatoes for every meal. Only during the Chinese New Year are I willing to eat a little rice, wearing all patched clothes, and my liberation shoes are worn out.

  "Be sure to make this ‘ Dead mountain ’ Become a golden mountain! " The living conditions of the local people have strengthened Wang Mingli’s determination to plan mountains and grow tea.

  Have faith in your heart and swear to turn the "dead mountain" into a golden mountain.

  Wang Mingli’s "absurd" idea was opposed by almost everyone.

  "He just likes to show off, so let him have a taste of losing everything." "Not only has his leg been blown off, but now his brain is out of order" … … It is said that Wang Mingli will plant tea trees on Wanjiashan, but people don’t believe that he can succeed. However, Wang Mingli did not flinch.

  In 2007, the roar of excavators broke the silence of Wanjiashan for many years. Without funds, he took out all his savings, borrowed from the east and borrowed from the west, and even mortgaged the property. His wife finally couldn’t help but feel distressed and complain about him, and the two were facing a divorce.

  Dragging his broken legs, people don’t know how many unimaginable hardships the pioneers of today’s entrepreneurship have suffered. All he said was, "Dig even if you lose everything!"

  Wang Mingli has to face three major problems in cultivating tea gardens on Wanjiashan Mountain: difficulty in entering the mountain road, difficulty in using water on the mountain and difficulty in supplying electricity. What should we do? No matter how hard it is, we must go on!

  He took several laid-off comrades-in-arms and set up tents on the barren hills thousands of meters above sea level. There was no road on the mountain, so he led the villagers to cut a 3-kilometer mountain road on Wanjia Mountain at an altitude of more than 1,000 meters. There was no water on the mountain, so he led everyone to dig more than 40 water cellars and carry water with horses. When there was no electricity on the mountain, he lit the lantern with kerosene. When his hand was blistered, he found a band-aid to stick it on. During the day, he dug mountains with his comrades. At night, he took off his prosthetic leg as a pillow. When the prosthesis was worn, he tied it tightly with wire; When the wound became inflamed, he quietly put on the painkiller … … Finally, the tea base was built.

  After the tea garden was built, before Wang Mingli could enjoy the joy of success, a disaster came. The newly planted tea seedlings suffered from heavy snow disaster and freezing weather for two consecutive years, and lost 40% at once. That night, man of iron, who had fought his life on the battlefield without tears, cried. He is tired! Because of Chashan, he has worn out many prosthetic limbs and suffered many misunderstandings. However, he stood up again when he thought of his comrades who had been buried in his hometown.

  "Can’t cry! The comrades who died on the battlefield will not forgive me for giving up. "

  In the spring, he brought the masses to replant tea seedlings. It is another year of tea picking, and it is no longer a wilderness, but an endless tea garden; It is no longer cold, but spring full of hope.

  Stick to the position of poverty alleviation and make new contributions to the hero of poverty alleviation

  Every morning, Wang Mingli will stumble slightly in a thousand acres of tea garden. Looking at this green hill and thinking about the road he came, a smile appeared on his mouth.

  Driven by tea gardens, six poor villages around have taken off their "poverty hats" one after another, and many villagers have bought cars. The vigorous development of ecological tea gardens has convinced Wang Mingli that only by building a good platform for entrepreneurship and employment can more people get rid of the "hat" of poverty. He founded Sinan County Veterans Entrepreneurship and Employment Demonstration Base with the model of "Party branch+veterans+enterprises+bases+farmers".

  In 2009, together with several veterans, he seized the opportunity of Sinan county party committee and government to develop ecological tea industry and established Sinan Dingsheng Ecological Agriculture Development Co., Ltd. in Guizhou Province. In recent years, through leasing land and farmers’ participation in land, the company has concentrated on transferring more than 4,000 mu of land for tea garden construction in a large scale, radiating six national poverty-stricken villages around, making the local per capita annual income jump from more than 800 yuan to nearly 10,000 yuan.

  "I did it with him, not by accident, but by necessity." "I really appreciate him, because he made me useful." When my comrades expressed their gratitude to him, Wang Mingli always said, "You are all rich, so I have no regrets."

  As night fell, Wang Mingli dragged his tired body home. He collapsed on the bed, rolled up his trouser legs, silently removed his heavy prosthetic leg, peeled off layers of gauze, washed the bloody wound with salt water, applied medicine, and wrapped it in layers of new gauze. Early the next morning, he rushed around his thousand acres of tea garden in high spirits. He said that he will always stick to his "position" and protect his tea mountain. (China Youth Network reporter Yang Yue Zhang Wei trainee reporter Li Huihui)