“Investor Net” Wu Wei

On June 4, ten days before the Dragon Boat Festival in 2021, Zhejiang Wufangzhai Industrial Co., Ltd. (hereinafter referred to as “Wufangzhai”), which changed its sponsoring brokers three times in just two years, finally submitted a prospectus to the China Securities Regulatory Commission. The company officially applied for listing on the main board of the Shanghai Stock Exchange.

As a well-known zongzi product brand, Wufangzhai began accepting listing counseling as early as April 2019. The sponsoring broker at that time was GF Securities Co., Ltd. (hereinafter referred to as “GF Securities”, 000776.SZ); in January 2020, Wufangzhai replaced the sponsoring brokerage with China International Capital Corporation (hereinafter referred to as “CICC”, 601995.SH); however, the cooperation between the company and CICC has not exceeded one year. In December 2020, Wufang Zhai also replaced the securities firm with Zheshang Securities Co., Ltd. (hereinafter referred to as “Zheshang Securities”, 601878.SH).

Beginning in 1921, Wufangzhai became the first batch of “Chinese time-honored” enterprises to become famous for making zongzi. After restructuring and privatization of collective enterprises, the company is no longer just a zongzi production enterprise. After years of development, Wufangzhai also has business lines or product lines such as catering stores, moon cakes, glutinous rice balls, cakes, egg products, and other rice products.

However, like many old brands, in addition to products such as rice dumplings and finished dishes and semi-finished products, the moon cakes, glutinous rice balls, pastries, egg products, and other rice products sold in Wufangzhai are all processed and produced by OEMs. Even for the famous zongzi products, Wufangzhai is increasingly dependent on OEM production.

As a company that produces seasonal foods, in order to ensure the stability of the company’s income, Wufangzhai has established direct-operated or franchised stores in high-speed service areas, high-speed rail stations, shopping malls and other places with large numbers of people, but these stores have different profits and losses. From 2018 to 2020, the total number of the company’s directly-operated stores has declined. By entrusting processing to expand product lines and raising funds to build an e-commerce center, can “Wufangzhai” be transformed into an Internet food brand as it wishes?

The historical evolution of collective enterprise restructuring is complicated

The predecessor of Wufangzhai was the overall reorganization of the Wufangzhai Zongzi subsidiary in Jiaxing City, and was jointly established by Jiaxing Department Store, Jiaxing Meat Center, Jiaxing Brewing, Jiaxing Academy of Agricultural Sciences and 582 natural persons. From the perspective of property rights structure, Wufangzhai is a collective enterprise. At the beginning of its establishment in 1998, Wufangzhai still left 520,000 shares that were not clearly vested, and the remaining shares accounted for 4.29% of the company’s total share capital.

From 2001 to 2004, the shareholders of Wufangzhai carried out multiple equity transfers. The predecessor of the company’s controlling shareholder, Wufangzhai Group, Sino-Ocean Industrial, became the controlling party of the company through multiple transfers of the equity of Wufangzhai collective or individual shareholders. By March 2004, Sino-Ocean Industrial held 59.16% of Wufangzhai. Shares. Since then, Wufangzhai’s equity has been transferred many times. In 2010, Wufangzhai also transferred 4.29% of the remaining shares held by shareholder Zhu Zhijie, and the company paid the registered capital to incorporate the residual income into the capital reserve. The form solves the problem of remaining shares.

In 2011, Wufangzhai Group also incorporated 9 companies under the group including catering, e-commerce and rice industry into the company system of Wufangzhai through capital increase, in order to increase Wufangzhai’s business line and avoid competition in the same industry. Related questions. The following year, in 2012, Wufangzhai accepted the capital increase from 6 institutional shareholders, including Shanghai-Nanjing Expressway, Everbright Financial Holdings Venture Capital Co., Ltd. (hereinafter referred to as “Everbright Financial Holdings”), and 2 individual shareholders. The valuation is 1.3 billion yuan. In the same year, Wufangzhai Group also transferred 139 million yuan worth of equity at a valuation of 1.3 billion yuan.

Five institutional shareholders, including Everbright Financial Holdings and Ivy Investment, who invested in Wufangzhai in 2012, transferred their equity in Wufangzhai to the company’s actual controller’s related parties at an overall valuation of 1.7 billion yuan in 2016. Ocean decoration. Judging from the supplementary agreement signed between Wufangzhai Group and Ningbo Fuju, which became a shareholder in 2012, Wufangzhai introduced new shareholders in 2012 to promote the listing of the company. The trigger condition for the supplementary agreement signed by Wufangzhai Group and Ningbo Fuju is the enterprise. To be listed at the end of 2015.

Also in 2016, Wufangzhai Group acquired 1.25 million state-owned shares of Wufangzhai held by Jiaxing Meat Center at an overall valuation of 1.367 billion yuan, accounting for 2.48% of the company’s total shares. In the long history of Wufangzhai, the company’s major shareholder Wufangzhai Group has also reduced the number of natural-person shareholders of the company through the transfer of shares held by natural persons. However, as of the 2021 prospectus release date, Wufangzhai still has 165 natural person shareholders.

In the historical evolution of Wufangzhai, issues such as the transfer of state-owned shares and the handling of remaining shares may become the focus of the company’s listing review. The actual controller of the company, Li Jianping, was also involved in the case of Feng Shuixiang, the former chairman of Jiaxing Industrial Assets Investment Group Co., Ltd. and party secretary, taking bribes and illegally operating similar businesses. This has aroused further market concern about the listing of Wufangzhai.

Regarding Wufangzhai’s above question, “Investor Net” also contacted Wufangzhai’s secretary of the board for verification, but failed to get a reply from the other party.

Limited market space, unfavorable expansion of self-operated channels

Zongzi is one of the traditional Chinese delicacies with a long history, but like moon cakes, it is a typical seasonal food. After the Dragon Boat Festival, the market demand will be greatly reduced. At the same time, in the long process of development, combined with local specialties and taste preferences, Zongzi has also developed many “factions” and taste preferences. Representatives include the Jiaxing fresh meat dumplings preferred by Wufangzhai in Jiangsu and Zhejiang, and the Beijing glutinous rice dumplings eaten with sugar in the north; in addition, there are also Shanxi yellow rice dumplings, Shaanxi honey cool dumplings, and Nanning cool dumplings. Zongzi’s “sweet party” and “salty party” are also incompatible on the Internet, and they have been a hot topic of discussion during the Dragon Boat Festival for many years.

In addition to the large regional differences in taste, the price of zongzi is generally not high, so the overall scale of this market is not large. According to statistics, the scale of my country’s zongzi market was 4.916 billion yuan in 2015, and it will grow to 7.337 billion yuan in 2019, with a compound annual growth rate of 10.53%. The report cited by Wufangzhai in the prospectus estimates that by 2024, the domestic zongzi market The scale is only 10.291 billion yuan.

Unlike moon cakes, which require a mold and an oven, the rice dumplings can be made at home after simple processing of the materials, and they can be eaten after they are cooked. Also because of the convenience of making zongzi and the different tastes in different places, shopping malls and vegetable markets in many places will provide materials for making zongzi or homemade finished zongzi before the Dragon Boat Festival. Because the production of zongzi is convenient, and consumers prefer to make zongzi now, this makes the originally small zongzi market present a very fragmented status quo.

Competition is also fierce in terms of fine packaging and zongzi gift boxes. At present, there are more than a dozen brands such as Wufangzhai, Beijing Daoxiangcun, Zhenzhen Lao Lao, and Zhiweiguan. In addition to traditional rice dumplings, beverage brands such as Starbucks, Heytea, and Naixue will also make their own creative rice dumplings to further carve up this otherwise small market.

During the period from 2018 to 2020, Wufangzhai actively deployed catering or sales outlets in crowded areas such as shopping malls, high-speed service areas, and high-speed rail stations to cope with the current seasonal changes in the company’s income and further expand the scope of the company’s product radiation .

However, the expansion of Wufangzhai’s stores has not been smooth. From 2018 to 2020, the number of directly-operated stores opened by the company is lower than the number of closed direct-operated stores. Therefore, the number of directly-operated stores in Wufangzhai has increased from 203 in 2018. This has dropped to 169 in 2020. Even in 2019 without the impact of the epidemic, the number of directly-operated stores of the company is still 20 fewer than in 2018. After the Wufangzhai cooperative store opened and closed, the number of stores in 2020 has also returned to 43 in 2018. Different from the unfavorable expansion of directly-operated stores, from 2018 to 2020, Wufangzhai’s franchise stores increased from 38 to 40; dealer stores increased from 185 to 222, an increase of 20%.

It is worth mentioning that as of the end of 2020, of the 169 directly-operated stores that Wufangzhai is still operating, more than 100 have suffered losses in 2020, and a large part of the loss-making stores also have losses in 2019. Among the 42 cooperatively operated stores, more than half of the stores also suffered losses.

Zongzi sales decline, the proportion of e-commerce is low

Due to the unfavorable expansion of self-operated stores and restrictions on local tastes, as of the end of 2020, 55.82% of Wufangzhai’s income depends on the contribution of Eastern China. In the division of Wufangzhai’s sales revenue, only 18.53% comes from e-commerce retail, and this part is directly sold to end consumers. Wufangzhai did not disclose the sales target. Therefore, consumers in East China may contribute more than 55.82% of the income to Wufangzhai online and offline. In addition, compared with the 411 million zongzi sold in 2018, the total number of zongzi sold by the company in 2019 decreased by 3.131 million; affected by the epidemic, in 2020, Wufangzhai only sold 366 million zongzi.

Although the overall sales volume of Wufangzhai Zongzi has declined, and the company’s production capacity has increased, Wufangzhai’s self-produced rice dumplings accounted for a lower and lower proportion of the total number of Zongzi produced by the company during the current period. The more they rely on foundries to produce products for the company, the controllers of some foundries are still shareholders of Wufangzhai. From 2018 to 2020, the foundry produced 11.66%, 13.40% and 25.01% of zongzi for Wufangzhai.

In addition to using OEMs to produce rice dumplings, Wufangzhai has also expanded the company’s product line by producing moon cakes, glutinous rice balls, pastries, egg products and other rice products. As of the end of 2020, only Wufangzhai contributed 70.77% of the revenue, of which 17.82% of the revenue was provided by the moon cake series, egg products, pastries and other products produced by the foundry.

Among the five projects that Wufangzhai plans to raise 1.056 billion yuan to build, only less than 50% of the funds will be used for the construction and upgrading of production lines, and the other 465 million yuan will be used for the construction of digital industrial smart parks (ie, storage and e-commerce centers). ) And R&D center. The digital industry smart park construction project, Wufangzhai aims to enhance the company’s warehousing and logistics capabilities, and at the same time, through the construction of an e-commerce center, further strengthen the company’s e-commerce business development and increase e-commerce business sales revenue.

It is worth mentioning that of Wufangzhai’s 1.056 billion yuan fundraising, 90 million yuan is intended to be used to supplement working capital. However, from June 2018 to March 2021, Wufangzhai has paid dividends 4 times, with a total dividend amount of up to 253 million yuan. This also makes the outside world have certain doubts about the necessity of fundraising.

In response to the above questions, “Investor Net” also tried to ask Wufangzhai’s Secretary of the Board for verification, but failed to get a reply. (Produced by Thinking Finance)■

The Ministry of Information and Communications will hold an online press conference to announce and launch the “Make in Vietnam Digital Product” award 2021 on June 18. This is the second year this award has been held. This event will take place at 6 bridge points, namely at the headquarters of the Ministry of Information and Communications, 5 at the Department of Information and Communications of provinces and cities including: Hanoi, Hai Phong, Da Nang, Ho Chi Minh City and Can Tho. In the second year of being held, according to the Award Regulation signed by the Minister of Information and Communications on June 7, “Make in Vietnam Digital Products” in 2021 continues to have 5 categories, including: Excellent digital platform; Excellent digital products; Excellent digital solutions; Narrowing the digital divide; Potential digital products. The “Make in Vietnam Digital Product” Award in 2021 continues to have 5 categories. Besides, the second “Make in Vietnam Digital Technology Product” award also has changes compared to 2020. Specifically, this year there will be Gold, Silver and Bronze awards for the categories of Excellent Digital Platform; Excellent digital products; Excellent digital solutions; Close the number gap. As for the category “Potential digital products”, this category is only applicable to participating units that are non-business organizations, small and medium-sized enterprises or creative start-ups, and only the Top 10 will be announced. The organization is expected to invite leaders of the Party, State and Government to award prizes to enterprises with high prizes. Products honored at the “Make in Vietnam Digital Products” award in 2021 must satisfy two main groups of criteria, namely: design, creativity in Vietnam and practical value. In the criterion group “Actual value”, the score structure related to revenue, the number of users is 40 (accounting for about 70%). The award also encourages digital technology products of small and medium enterprises and innovative start-ups in the category of “Potential Digital Products”. Regarding the process of reviewing and awarding this year’s awards, the representative of the Organizing Committee said that at the preliminary stage, the subcommittees of the Jury Council will organize grading of documents that meet the criteria through the pre-qualification round. select 12 records with the highest score of each award category. The participating units with records in the group of 12 records with the highest score of each category will present and defend before the respective Committee’s Sub-Committees (in person or online) to the Sub-Committees. The evaluation board selects the Top 10 records in order of scores from high to low of each category. At the final round, based on the list of nominations of the subcommittees, the Jury Council held meetings to evaluate and select the Top 10 and the Gold, Silver, and Bronze awards for the 4 categories of Awards and Top 10. 10 potential digital products. “The Ministry of Information and Communications will create conditions for businesses with winning products through propaganda and promotion activities to develop further with the desire to have more and more good technology products, meeting the development of the economy”, representative of the Information Organizing Committee. In addition, the units participating and winning the “Make in Vietnam Digital Technology Product” award in 2021 will also be considered for inclusion in the List of IT products and services prioritized for investment, rental and procurement in the future. state agencies; List of potential projects calling for investment. At the same time, support to build national brands for products and services of enterprises; exchange, consult and critique on the development mechanisms, policies, strategies and programs of the industry and the development orientation of digital technology products of enterprises.

The Sao Khue Award after 18 years of organization, up to now has honored about 1,270 products, of which 180 products in 2021. With the mission of “Promoting digital solutions platforms – Pioneering in the development of digital ecosystems”, Sao Khue Award for the first time this year selected the group “Digital transformation platforms”. In particular, the year 2021 is the first year of implementing the 5-year plan for Vietnam to get rid of low-middle income, implementing the 10-year Strategy to become a middle-income country. The year 2021 is also the first year of the 25-year aspiration of becoming a highly integrated developed country and starting the digital transformation process, so this year’s Sao Khue award-winning products are believed to create a launch pad. pushes your digital transformation comprehensively. Sao Khue Award Ceremony 2021 (Photo: VNA) “The Ministry of Information and Communications highly appreciated the efforts of VINASA successfully organized the Sao Khue 2021 award in many difficulties and challenges of the Covid-19 pandemic. In particular, Sao Khue Organizing Committee quickly introduced the criteria of 4.0 technology and added digital transformation items to the award system, in accordance with the policies of the Party and State as well as of the Ministry of Information. and media. Great digital technology awards such as Sao Khue Award will be a factor contributing to the propaganda of gathering resources of the whole society together to unanimously achieve strategic goals ”, Mr. Phan Tam, Thu Minister of Information and Communication emphasized. The number of nominations for the Sao Khue Award this year has increased by nearly 60% compared to last year, showing that the digital technology community in our country is increasingly promoting the nuclear role in the digital transformation process based on platforms. Make in Vietnam platform. “This year, the number of nominations has increased dramatically and the products are diverse. In particular, many businesses choose technology products to meet Vietnam’s hot issues, such as healthcare. In addition, the application of a number of technologies is not new compared to previous years, but in a very new field, for example in the field of entertainment or volunteering. Demonstrate that the digital transformation of the Made in Vietnam policy is spreading throughout Vietnam. VINASA has also supported “Made in Vietnam flames” throughout the territory, “said Nguyen Thanh Tuyen, Deputy Director of Department of Information Technology, Ministry of Information and Communications. Top 10 Sao Khue with products in 6 groups of awards such as: Digital products, solutions; Digital conversion platforms; New technology solutions for all sectors; Digital startup products and solutions … will be supported by the Vietnam Software and Information Technology Services Association (VINASA), connecting with technology partners to build Sao Khue Ecosystem. On that basis, award-winning products can reach users faster, forming complete digital ecosystems for Vietnamese people, helping to accelerate the process of national digital transformation. “18 years ago, we celebrated Sao Khue for the first time and after 18 years, today we have 180 Sao Khue awards. 18 years of extremely rapid development, forming the largest industry in the country. . The information technology industry has accounted for 14.3% of GDP and the growth rate over the past few decades has been 37%, the labor productivity of the industry is 7.6 times higher. We are proud that over the past 18 years, Vietnam has been named on the digital map of the world. Today, we are entering a term of digital transformation of great challenges awaiting Vietnam has never had such a great opportunity, Vietnam has never started in the same line with the advanced countries in the world ”, said Mr. Truong Gia Binh, Chairman of VINASA Founding Council. Realizing the aspiration of digital transformation based on Make in Vietnam technology platforms, promoting industries and fields entering the digital transformation stage will continue to be focused on building by State management agencies. more appropriate strategies and policies. It is expected that this year, the Ministry of Information and Communications will submit to the Government for promulgation the Strategy for digital infrastructure development, the Strategy for the development of digital postal infrastructure, the Strategy for the development of digital technology enterprises, the Strategy Development of Digital Government, Strategy of Digital Socio-Economic Development, Strategy of Cyber ​​Security, Strategy of Digital Transformation of the Press Industry./.

As a 100% “Make-in-Vietnam” technology enterprise, having many active activities in response to the digital transformation plan, Coc Coc has excellently surpassed nearly 300 nominations from many prominent competitors. to win 4 Sao Khue prizes for all 4 participating categories in the first time participating in the competition. Specifically: ● The Coc Coc advertising platform product won the Top 10 Sao Khue award in 2021 in the field of Advertising, Marketing and Digital Media. ● The product of Coc Coc Browser directly won the Sao Khue 2021 award in the field of Digital content ● The product of Coc Coc search engine – Coc Coc Learning features won the Sao Khue Prize 2021 in the field of Education and Training ● Coc Coc browser product – Safe Browsing feature upgraded Safe Browsing won Sao Khue award 2021 in the field of Information Security and Safety In particular, the advertising platform of Coc Coc – Coc Coc Ad Platform was also honored to be recognized the title of Top 10 Sao Khue 2021.

The sinking market is becoming the backbone of online book consumption. On April 20, Pinduoduo released the “2020 Duoduo Reading Report” (hereinafter referred to as the “Report”), which demonstrated the new trend of online book consumption through platform big data analysis. The report shows that in 2020, consumers’ book orders on Pinduoduo will increase by more than 189%. Among them, Guangdong, Shandong, Henan and other populous provinces accounted for the top three in the country, while Xinjiang, Tibet and other large northwestern regions have the fastest growth rate. At the same time, book orders from rural areas increased by more than 180% year-on-year. Books as standard products are a category that cannot be bypassed by e-commerce platforms. After the epidemic, the scale of online book sales has further expanded. Relevant data shows that in the first quarter of this year, book retail sales increased by more than 30%, which was higher than the growth rate of national merchandise retail sales. The number of online market sales increased by 20% year-on-year. Pinduoduo, which has nearly 800 million active buyers, has made efforts to include the book category as a key subsidy, aiming at the sinking market to find increments. It is understood that on April 15th, Pinduoduo’s “Duo Duo Reading Month” announced the launch of a 50 million yuan reading fund, and dozens of publishing houses and book companies have jointly provided special subsidies for Chinese and foreign classics and best-selling books. Guangdong has the most “spelling books” Rural book transactions increased by more than 180% Since 2014, “Read for All” has been included in the government work report eight times in a row. The 2021 government work report pointed out that it is necessary to promote the integrated construction of urban and rural public cultural service systems, innovatively implement cultural benefits for the people, and advocate universal reading. Data from the Pinduoduo platform shows that reading for the whole people has gradually become a habit of new consumer groups. To a certain extent, in terms of geographical distribution, Guangdong, Shandong, Henan, Jiangsu and Hebei have become the places with the most “spelling books”, which is inseparable from the huge population base of each region. Reading does not distinguish between regions. Xinjiang and Tibet surpassed Shanghai and Beijing to become the regions with the fastest increase in the order volume of “Jianshu”. With the full popularity of online shopping, the Northwest has shown a higher enthusiasm than the first-tier cities in the acquisition of knowledge. The report also shows that the book order volume and transaction volume from rural areas both increased by more than 180% year-on-year; among them, the book order volume and book transaction volume growth rate of rural primary and secondary schools exceeded 152%. At the same time, thanks to the smooth flow of the “last mile” of rural logistics and the convenience of mobile payment, there has been “strong convection” of agricultural products entering cities and knowledge to the countryside, and more people are “struggling” to get rich and build beautiful villages. Readers in rural areas love to use fragmented time to read reference books. The report shows that this group of people are particularly fond of tool books. Among them, “Electrician’s Handbook”, “Vegetable Planting Collection”, “New Technology of Sheep Raising”, “Introduction to Car Maintenance” and “Efficient Pig Raising Technology” are among the most popular books. Science and technology, learning and teaching aids, etc. The fastest growth in category sales Paper books are the first choice for many people to read deeply. The 2020 Shanghai National Reading Survey Report shows that “the need for in-depth reading” and “the need for repeated reading” have become the two most important reasons for choosing paper books for reading. The report shows that in 2020, Pinduoduo will sell 100,000+ classic books, a year-on-year increase of 124%. This may be related to the increased reading time of consumers during the epidemic and the clear purpose of reading books. Specific to different types of books, the report shows that the sales of science and technology, learning aids, fiction and literature, and tool encyclopedia books grew the fastest last year. The most popular books on the platform cover four categories: inspirational, teaching aid, children, and poetry. Among them, the top 5 best-selling books after deduplication are “Murphy’s Law”, “Quan Excellent Golden Scroll”, “Three Hundred Tang Poems”, “Bad Habits Please Go Away”, and “365 Night Bedtime Stories”. It is worth noting that “Murphy’s Law” is the most sought after, because the law is not limited to a certain discipline, but describes a phenomenon in life. Specifically, it is related to people “the more they fear, the more they come.” “The experience fits well. This also aroused the user’s curiosity and helped the book top the bestseller list. While consumers love culture, they also love science. The report shows that the sales of science and technology books grew the fastest last year, with a year-on-year growth rate of over 282%; followed by learning aids, novels and literature, and tool encyclopedias, which increased by more than 202%, 170%, and 155% respectively. At the same time, for more and more young users, the four classics are indispensable. The report also shows that among the literary and fiction book orders, the post-95s and post-00s accounted for over 40%, which has exceeded the proportion of readers born after the 75s. Among them, the four famous novels and literature steadily ranked first in this category, followed by “Red Stars Shining on China”, “Twenty Thousand Miles under the Sea”, “How Steel is Made”, and “The Pickup of Flowers in the Morning” and so on. Classic masterpieces add 10 billion subsidies Minimum 2.5 yuan per book As the first vertical category to be e-commerceed, the e-commerce penetration rate of books has exceeded 60%. Online is undoubtedly an important position for book sales, and the scale of sales continues to expand. Especially under the influence of the epidemic, users’ demand for books has increased. Relevant data shows that in the first quarter of this year, book retail sales increased by more than 30%, which was higher than the growth rate of national merchandise retail sales. The number of online market sales increased by 20.84% ​​year-on-year. It is worth noting that as Amazon China previously stopped selling paper books, the domestic book e-commerce pattern has changed. While players consolidate their positions, they intend to attract users through more diverse gameplay. It is understood that on March 31, Pinduoduo officially launched the “Duoduo Reading Month” large-scale knowledge inclusive action, centered on the concept of “good books at affordable prices for all people”, set up a 50 million reading fund, and strengthened cooperation with authoritative publishing houses and book dealers. . Up to now, more than 2,700 publishing houses, book companies, and channel merchants have entered the platform such as Dangdang, CITIC Publishing House, Knowledge Publishing House, and Motie. From April 15 to April 30, “Duo Duo Reading Month” launched a large-scale tens of billions of subsidy activities. More than a dozen senior editors received the Nobel Prize for Literature, the Hugo Prize, the Mao Dun Prize for Literature, and the best-selling list on the Internet. A list of more than a thousand high-quality books was screened out, and genuine classics were subsidized on the basis of low prices across the entire network. Among them, “Historical Records”, “Wanli Fifteen Years”, “Country China”, “Social Contract Theory”, “A Brief History of Chinese Philosophy”, “Flying Bird Collection” and thousands of genuine good books are listed on the 10 billion subsidy channel. This is 2.5 yuan. The person in charge of “Duo Duo Reading Month” stated that the “Knowledge Inclusive Action” is dedicated to “reading with classics”. The subsidized books are from the Commercial Press, Sanlian Bookstore, People’s Literature Publishing House, CITIC Publishing House, Zhonghua Book Company, etc. Many classic masterpieces. It is understood that users can “buy” books at preferential prices from the reading list compiled on the platform through the Pinduoduo APP’s tens of billions of subsidy channels or search for “Reading Month” and “Duodu Reading Month”. Industry insiders pointed out that this is the largest “knowledge inclusive action” carried out by Pinduoduo to date. “In the past year, the e-commerce penetration rate of the book industry has been close to 60%, but there are still a large number of emerging reading groups that have not been fully satisfied.” , Voucher issuance threshold, no need to compare prices, direct subsidies, in order to further lower the reading threshold, promote the inclusive of knowledge, so that more “book spellers” can truly enjoy the joy of reading. The above-mentioned person in charge also mentioned that in the next step, the platform will continue to increase subsidies for genuine good books, meet consumer demand in various ways, provide diversified support for the introduction of high-quality creators, and work with all parties to promote ” Fair consumption and universal knowledge”. Written by: Southern Metropolis reporter Huang Pei

Yuh-jung Youn became the first Korean actress to win the best supporting actress award at the 93rd Academy Awards. Veteran actress Yuh-jung Youn won this award for her role in the movie “Minari” and became the first Korean actress to win in this category. During the speech, Ms. Yuh-jung Youn shared about her experience witnessing the Oscars ceremony in Korea and that it was a surreal experience. The Minari movie is about a family moving to Arkansas (USA) from Korea to start a new life. However, the life of this family encountered many difficulties when taking the grandmother, played by actor Youn. This film, as well as actor Youn, has received much praise from critics. However, right after the release of the trailer for the movie “Minari”, the film’s producer and crew faced many criticisms. In particular, a part of the Korean-American audience said that “Minari” showed the image of Koreans in particular and Asians in general dependent and at any cost pursuing the dream in America. In addition to the award above, the category of Best Supporting Actor of Oscar 2021 belongs to actor Daniel Kaluuya in the movie “Judas and the Black Messiah”. Previously, the film grading website Rotten Tomatoes commented that the golden statue certainly belonged to Daniel: “With the Golden Globe, BAFTA, SAG and Critics Choice Awards wins, if Daniel doesn’t win, that is. will be one of the most boring things in Oscar history. “

The first hug. (Author: Mads Nissen) The 2021 Photo Contest’s independent jury selected Mads Nissen’s “First Hug” as World Press Photo in 2021. The photo captures the moment when Mrs. Rosa Luzia Lunardi (85 years old) is in the arms of nurse Adriana Silva da Costa Souza at the Viva Bem nursing home, São Paulo City, Brazil, August 5, 2020. This was the first hug Rosa received in five months. Photographer Nissen shares about his photo: “For me, this is a story of hope and love in the most difficult times.” In March 2020, nursing homes across Brazil must close to prevent the Covid-19 pandemic. Millions of Brazilians cannot visit their loved ones living in nursing homes. Brazilian officials ask nursing home care workers to keep the necessary distance from those who are susceptible to infection. In that context, the authorities at the Viva Bem nursing home came up with the idea of ​​a “hugging curtain”, allowing people to hug each other thanks to the protection of a transparent curtain. Photographer Kevin WY Lee, Creative Director and Jury member of the 2021 Photo Contest, said: “The iconic image of Covid-19 marks the most special moment in life in all of us. I see hurt, loved ones, loss, separation, death, and even life in a photograph.If you look at the photo long enough, you see wings : a symbol of struggle and hope “. This is the second time photographer Nissen has won the World Press Photo Award. He won this award in 2015. The 2021 photo contest includes many categories such as: contemporary issues, the environment, general news, long-term projects, nature, portraits, news … Here are some of the remarkable works that were honored in this year’s photo journalism competition. The award was announced on April 15. First Prize, single photo, in Contemporary Issues category: “Yemen: Famine, Another War Caused by War”, author: Pablo Tosco. Fatima and her son prepare nets to catch fish on Khor Omeira Bay, Yemen, February 12, 2020. Fatima has nine children and she raises them by fishing. Although armed conflict in Yemen devastated Fatima’s village, she decided to return. She uses the money selling fish to buy a boat and continues to make ends meet by fishing. First prize, photo reportage, in the category Environment: “Burning Pantanal”, author: Lalo de Almeida. Firefighters grappled with a fire on the farm São Francisco de Perigara, home to one of the largest purple parrot populations in the world. About 95% of the farm area, with much of its area preserved, was devastated by fire. In 2020, fire burned the Pantanal, the largest tropical swamp in the world, on a record scale. From January to October 2020, fire burned 4.2 million hectares of Pantanal. Second prize, single photo, in Contemporary Issues category: “Dr. Peyo and Mr. Hassen”, author: Jeremy Lempin. Ms. Marion (24 years old, a person with metastatic cancer) holds her son Ethan (7 years old) in her arms in the presence of “horse doctor” Peyo in a hospital in France, on November 30, 2020. “With Peyo, we strive to reinvent life at the end of life to fight and create an energy that accompanies families and caregivers,” said Peyo horse owner Hassen Bouchakour. . Animal-assisted therapies are being used in clinical settings, particularly psychotherapy and pain relief. Animals seem to be able to relieve anxiety, stress, have physical effects such as lowering blood pressure, improving heart rate and helping control pain. First prize, single photo, in the category Environment: “Sea lions in California with a mask”, author: Ralph Pace. An individual curious sea lion in California, USA, swims towards the mask at Breakwater diving area, on November 19, 2020. When a blockade to prevent Covid-19 went into effect in California, natural and outdoor landscapes with the presence of many wildlife species became the focus of local nomads. Third prize, single photo, in News category: “Wildfire”, author: Nuno Andre Ferreira. A baby is sitting inside a car near a forest fire at Oliveira de Frades, Portugal, September 7, 2020. At least 300 firefighters, 100 ground vehicles and 10 firefighters took part in the fire. First prize, single photo, in Nature category: “Saving a giraffe from a flooded island”, author: Ami Vitale. The photo shows an individual Rothschild giraffe transferred from the flooded Longicharo island to safety, on December 3, 2020. The Rothschild Giraffe is a subspecies of the northern giraffe and is classified as endangered.

Access road for people with disabilities at the Provincial Museum.

Since 2002, the Ministry of Construction has issued a set of technical regulations and standards to ensure that people with disabilities can access and use them. In 2014, the Ministry of Construction issued Circular 21/2014 / TT-BXD, dated December 29, 2014, issued together with the national technical regulation on “Building construction to ensure access to use by people with disabilities” (QCVN 10 : 2014 / BXD). This regulation specifies technical requirements that must be complied with when building new or renovating constructions to ensure that people with disabilities have access to and use them.

In addition, Decision 1019 / QD-TTg dated August 5, 2012 of the Prime Minister on the project to support people with disabilities for the period 2012-2020 sets the target that by the end of 2020, 100% of the works will be the headquarters of the institution. government officials; station, bus station, pier; medical examination and treatment establishments; educational institutions, vocational training, cultural works, sport and physical training; The apartment building ensures accessibility for people with disabilities. Also according to the above decision, social service works will have to design additional items to ensure that people with disabilities can access and use.

However, according to the survey results, the survey of the Provincial Sponsoring Association for People with Disabilities and Orphans (PWD & TMC), the number of public works in the area with items accessible to people with disabilities is still very limited.

In 2020, the Provincial Sponsoring Association for People with Disabilities and TMC will conduct a survey at 40/177 communal units; 6/13 units at district level and 21 projects at provincial level in Ha Long city. For the commune level, surveyed at 281 schemes, only 21 schemes have access roads for people with disabilities (accounting for 7.4%). Of the 53 projects built after 2012 (the year the Prime Minister issued Decision No. 1019 / QD-TTg approving the project to help people with disabilities access social welfare works), only 11 projects have access road for people with disabilities (accounting for 20.7%). In particular, of the 40 surveyed commune-level offices, only 7 offices have access roads for people with disabilities; 1/121 village cultural house has access roads for people with disabilities (accounting for 0.08%).

At district level, in the survey of 78 schemes in 6 districts, towns and cities, only 19 schemes have access roads for people with disabilities. Out of 22 projects built after 2012, only 13 have access roads for people with disabilities. Out of the 6 district level units surveyed, all 6 offices do not have access roads for people with disabilities. All offices of the Justice Department, the General Education Center, and the Sports Center of the 6 surveyed district-level units do not have access roads for people with disabilities.

At the provincial level, surveyed in 21 schemes, only 13 schemes had access roads for people with disabilities. Out of 11 projects built after 2012, 10 have access roads serving people with disabilities. Only one building is the headquarters of the Provincial Employment and Service Center (Cao Xanh ward) with no access roads for people with disabilities.

This shows that the units that design, inspect and approve the construction of the works do not pay attention to adding access roads for people with disabilities according to regulations.

Sharing with us, Mr. Tran Manh Ha, residing in group 8, Trao Ha area, Duc Chinh ward, Dong Trieu town, said: “For people with severe mobility impairment, they have to sit in a wheelchair like us, going very difficult again. Every time you go and do, you must ask a loved one or a healthy person to help you. I myself also want to have conditions to access public services and integrate with the community, but the difficulties in not having access make me feel inconvenient, even more shrinking because of fear of disturbing others. . I really hope that units and agencies are interested in building additional public works to ensure that people with disabilities can access and use them conveniently. Currently, the new construction of the Head Office of the Ward People’s Committee has access roads for people with disabilities, and some old public works do not have access roads for people with disabilities, and are expected to soon be supplemented by units and agencies ”.

According to Mr. Lanh The Vinh, Chairman of the Provincial Sponsoring Association for People with Disabilities and TMC, the access road for people with disabilities is one of the important approaches that people with disabilities are currently facing. Although there are clear regulations and regulations in legal documents, through investigation and surveys in many public works, this item seems to be “forgotten”. After the Investigation and Review Association has submitted a report to the Provincial People’s Committee to propose and propose solutions to help people with disabilities have conditions to access public works and integrate into the community.

According to statistics, the province currently has a total of 20,767 PWDs, of which more than 4,000 people with special severe disabilities have to travel by wheelchair.

In order to enhance the responsibilities of agencies and units in implementing access roads for people with disabilities at public works, on November 20, 2020, the Provincial People’s Committee issued a document 7948 / UBND-XD4 requesting departments, Departments, branches, units and local People’s Committees, based on their functions and tasks, actively guide, inspect and supervise the implementation of national technical regulations and regulations on construction to ensure that PWDs can receive access to Approach to use in new design or renovation of construction works according to prescribed regulations and standards.

For specialized construction works management departments, economic zones management boards, localities and district-level professional offices organize the appraisal, grant of construction permits, and take over the works to be put into use. Construction works must ensure access requirements for people with disabilities; strengthen inspection, control and handle violations, ensure full implementation of policies to help NKY access and use construction works.

The province also requires project investors to organize the implementation of the QCVN 10: 2014 / BXD regulations on construction works right from the design task, technical design construction; it is imperative that contractors, when participating in bidding, must fully express the technical regulations specified in Section 2 of the QCVN 10: 2014 / BXD Regulation; It is not accepted for contractors who do not satisfy all design documents but do not fully show the technical regulations specified in Section 2 of the QCVN 10: 2014 / BXD Regulation. For the construction management and use units, proactively review and have plans to repair and renovate the works, ensuring the requirements for PWDs to access and use according to QCVN 10: 2014 / BXD and other relevant standards and regulations.

CONTENT::::

1. Classification of the respondent mumps vaccine
2. Classification of the double mumps vaccine

1. Classification of the respondent mumps vaccine1.1. Defendant mumps vaccine classification concept

The mumps vaccine is the only vaccine that prevents mumps. It is usually a vaccine containing a live virus. The virus has been adapted and propagated in chicken embryonic cell culture. The preparation of the mumps vaccine classification is usually in the form of sterile, lyophilized powder. So need to prepare vaccines before injection.

The defendant mumps vaccine classification is indicated for vaccination in children over 12 months of age. It is not recommended for infants under 12 months of age, as the child’s body may still be retaining protective antibodies from the mother. This will interfere with the immune response, affecting the vaccine’s effectiveness.

Defendant mumps vaccine is not recommended for infants under 12 months (Image: Internet)

1.2. Side effects

The mumps vaccine classification the defendant may have side effects such as:

– Itching or stinging at the injection site.

– Fever.

Rash, redness of the skin, especially around the ears.

When does the status

Unusual fatigue or weakness.

– Have allergic reactions such as difficulty breathing, difficulty swallowing, itching of the feet or hands, swelling of the eyes or inside of the nose, …

Rare effects may include:

– Appears bruises on the skin.

– High fever.

Severe headache.

– Anger, bewildered.

Pain or swelling in the testicles and scrotum in men.

– Neck is stiff.

– Vomiting.

1.3. Note when using mumps vaccine

If you have a history of allergies, let your doctor know. Especially if you are hypersensitive to eggs. This is because live mumps vaccines are produced in chicken embryonic cell culture.

Studies in women show that the mumps vaccine classification poses minimal risk to the infant when used during lactation.

In people with weakened immune systems it may decrease the effectiveness of the vaccine or may increase the risk and severity of side effects.

2. Classification of the double mumps vaccine2.1. Common mumps vaccines

Currently, the mumps vaccine is used very rarely, replacing the dual vaccine. The double mumps vaccine is also known as the mumps vaccine. In addition to the mumps vaccine, the double mumps vaccine is also effective against a number of other infectious diseases. The most common types of mumps vaccine available today are MMR and MMRV.

In addition to the mumps vaccine, the double mumps vaccine is also effective in preventing a number of other infectious diseases (Photo: Internet)

– MMR vaccine protects the body against 3 diseases: measles, mumps and rubella.

– The MMRV vaccine protects the body against 4 diseases: measles, mumps, rubella and chickenpox.

These are very contagious diseases. They can be passed from person to person through coughing, sneezing or just by breathing.

2.2. The dose of mumps vaccine is double

The double mumps vaccine is usually in the “attenuated” form of each virus. That means they are the weakened life form of the virus in medical laboratories. The drug can be given to children from 12 months to 12 years. Ideally:

– The first dose when the child is from 12 to 15 months old.

– The second dose when the child is from 4 to 6 years old.

2.3. Side effects

Pain, redness, or rash where the shot was given.

– Fever.

Children may experience side effects such as fever after dual mumps vaccination (Image: Internet)

Swelling of glands in the cheeks or neck.

Allergic reactions such as hives, swelling of the face and throat, difficulty breathing, rapid heartbeat, dizziness or weakness may occur.

– More serious reactions may include convulsions due to high fever, unusual bleeding or bruising from low platelets, etc.

Reference source: https://www.rxlist.com/mumpsvax-drug.htm#warnings