Financial crime Malta graylisted for Financial crimes

Status: 06/24/2021 9:40 a.m.

Corruption, money laundering and “golden passports”: the Mediterranean island of Malta has fallen into twilight. An international institution to combat money laundering now wants to monitor the country more closely. The attempts by the Maltese government to avert the decision of the Financial Action Task Force (FATF) were unsuccessful: The international institution for combating money laundering, terrorist financing and the financing of weapons of mass destruction has put Malta on the gray list for financial crimes, according to the Times newspaper of Malta “reported. Inclusion on this list means that the country is under increased surveillance, that it is being monitored more and more. At the same time, the state undertakes to remedy the deficiencies identified in the context of financial crime. Who is the FATF?

The Financial Action Task Force, based in Paris, is an independent international institution that develops and promotes measures to combat money laundering, the financing of terrorism and the financing of weapons of mass destruction. It was founded in 1989 by the G7 countries and currently has 37 members. More than 200 states and jurisdictions have committed to complying with the FATF standards. The FATF is supported by a secretariat affiliated with the Organization for Economic Cooperation and Development (OECD).

Malta pledges cooperation

Prime Minister Robert Abela confirmed the decision and described it as “unjust”. Most of the concerns expressed by the reviewers have already been addressed. Malta wants to continue with its reform program, said Abela. “We will intensify our exchanges to better explain Malta’s achievements and to ensure that they are respected and understood by the international community.” Malta will never show itself to be uncooperative in the fight against financial crime or resist it, he assured the international partners.

Cayman Islands and Syria are also on the gray list

It is not the first time that Malta has fallen into twilight: the country has already been screened for financial crime more intensely because of its “golden passport” program. Like Cyprus, Malta had granted citizenships in return for financial commitments. The EU Commission then initiated infringement proceedings.

With the jump on the gray list of the FATF there is now a further loss of reputation for the country. As of February 2021, the FATF gray list includes countries such as Burkina Faso, the Cayman Islands, Ghana, Mauritius, Panama, Syria, Uganda, Yemen and Zimbabwe.

Germany holds the FATF presidency

Germany took over the presidency of the FATF in July 2020. The term of office of Marcus Pleyer from the Federal Ministry of Finance ends on June 30, 2022.

Marcus Pleyer is currently the President of the FATF. Image: Felix Zahn / photothek.net

Incidentally, the Federal Republic of Germany is currently also being routinely audited by the FATF. In its last evaluation in 2010, the organization came to the conclusion that Germany was susceptible to money laundering and terrorist financing

Author｜Song Wanxin

Edit｜Yang Jin

After exploring for a period of time, at the beginning of this year, Chen Ning’s company gave up the short drama business. The reasons behind it are complicated. He feels that since the skit has become an outlet, the market is still speculating on the concept, and no one has run through the commercialization path. This somewhat illustrates a certain problem.

If you trace the origin of the skit, you may have to start with “Unexpectedly” in 2013. At that time, Douyin had not yet been born, and Kuaishou had not been out of the circle. “Unexpectedly” is defined as a mini comedy, but from the perspective of the content of the series, “Unexpectedly” also has the characteristics of today’s “mini-short drama”: 15 episodes per season, 5 minutes per episode, compact plot , The net is full, the pain points and the laugh points are intensive.

The early short dramas were mainly played in the horizontal screen mode of UAT. In the past two years, with the development of short videos, the short dramas have naturally grown in the short video ecology.

According to the “2020 China Internet Audiovisual Development Research Report” released on October 12 last year, short video users have reached 818 million, and the average daily short video product use time is 110 minutes. When the short video traffic dividend is about to peak, the content mode of short dramas has become a new direction for platforms to compete for user duration.

From mid-2019 to the present, Chen Ning has felt the tremendous changes in the skit industry, “No matter whether it is the production system or the budget, it is no longer the same.” At the same time, after a period of barbaric growth, regulatory forces also began to intervene.

At the end of last year, the State Administration of Radio, Film and Television added the category of “Internet short dramas” to the key online film and television drama information filing system. This category stipulates that the web short drama is a web drama with a single episode of no more than 10 minutes. This means that the “micro short drama” has been named and qualitative, and the market has formed a larger scale and has been brought into supervision.

A few days ago, Kuaishou and Douyin have held short play press conferences, and each published their transcripts. Douyin said that during the “New Fan Project 1.0” period, 110 MCN agencies and more than 1,400 Douyin creators participated, and a total of short play works have been registered. There are more than 5,000 units. Kuaishou announced that more than 20,000 skits have been included, of which over 12.5 percent of the episodes are over 100 million. Kuaishou users watch more than 210 million skits per day, and the total user viewing time has reached 35 million hours.

Various dimensions of data are prosperous, but behind the data, the skit is still in the early stage of being “defined”. Whether the platform, producers, and actors can achieve unification of interests in this process determines how big the entire industry can ultimately be. .

“Kaishou Little Theater” page “I want it to fire, but I also want it not to fire” The most obvious advantage of the skit is undoubtedly the “short and fast”. Compared with TV series and movies with high investment and unstable income, the lower cost and faster feedback of skits are the main reasons why traditional film and television companies favor it. At first, many companies made their first pot of gold in this blue ocean, but they were quickly hit. “When we started to do it in mid-2019, the cycle was very short, because it only needed to be reviewed by the platform, the production budget was also very cheap, and one episode could be controlled at 10,000 yuan.” Chen Ning told Sohu Technology, with the help of Douyin and Kuaishou. With the intervention of traditional video platforms, the budget of each video soared to 500,000 yuan in just two years. Costs are rising, but the business path is still immature, and many companies that enter the game later have begun to wait and see. At present, the business models of short dramas explored by all parties in the industry are mainly divided into three types: accounting, advertising and e-commerce. Let’s first look at the relatively popular split-accounting model in recent years. Before the short drama, in 2015, iQiyi first launched the “net big share account”. At present, long video platforms have generally begun to use this commercialization method. Different platforms have different accounting rules. iQiyi adopts content sharing, marketing sharing and advertising sharing, while Tencent Video and Youku only adopt content sharing. According to the effective viewing time of paying users, it is a kind of benign income model to make the big works of online drama and network directly face the C-end users, which will force the film party to be responsible for the quality of the content. There have been many high-income cases in online drama splitting. In 2016, “The Demon Out of Changan” with a production cost of only 4.5 million made more than 20 million in revenue, and the return on investment ratio reached 1:4.5; in 2017, the revenue of “The Chef of the Flower Pot” has exceeded 72 million in two years. Of course, as the industry passes through the initial stage of volume, the good days of relying on platform subsidies and account splitting will not last long. The producers of the skits asked by Sohu Technology all stated that “you can’t make much money by splitting the accounts.” At present, both Kuaishou and Douyin have avoided discussing the proportion of revenue sharing. Previously, the person in charge of Kuaishou short drama pointed out to the media, “Because of the lack of subsequent monetization channels, long dramas can only rely on a mode of sharing accounts. The special form of the video allows it to be monetized even if there is no account split. The monetization mode other than the account split is rapidly completing the video, and the follow-up will become heavier and heavier.” From the attitude of the platform, it is difficult for the account split to become the main film party. Source of income. The so-called “special form of short video” enables advertising customization and e-commerce to be applied more flexibly in the ecosystem. For example, in terms of advertising, Kuaishou and Wanglaoji’s “Auspicious Theater” have launched two short dramas “Niu XIII” and “My Contract Boyfriend” with over 100 million broadcasts. However, due to the unclear prospects of the short dramas, many advertisers are still cautious about the placement of most of the short dramas. “Everything depends on whether there are customers who want to place an order.” An insider of Happy Twist told Sohu Technology that although the short drama is a new direction for Happy Twist, the internal promotion is very slow. On the one hand, the current production process of the short drama It’s not much easier than a long drama. On the other hand, it’s not easy to find content that meets customer needs. “Of course we want to make our own IP, but there is no content at the moment.” Wang Yaou, general manager of Happy Twist Marketing Center, once said in an interview with Dongxi Cultural Entertainment: “The short play is very short, but how to balance the quality of the content and the commercial value of the brand is not easy at all. Moreover, this is a new field. How the content party and the platform party sign a commercial contract, how to determine the terms, how to sign, how to commercialize, how to share profits, there is no mature template, everything needs to be explored.” From advertisers to producers, everyone is still experimenting on their own. Although there have been many excellent cases of customized advertising dramas, it remains to be seen whether advertisers will continue to launch them. In addition to commercialization, film producers are also facing more and more difficulties in the production process. The first to bear the brunt is the gradual lengthening of the cycle. “Timeliness is the number one advantage of the short drama. It was originally possible to make two dramas a month, but now that the supervision is involved, the time period from production to launch is hard to say.” Chen Ning said, when the short drama is the biggest After the time advantage is gradually compressed, the future space will not be particularly large. Secondly, the “short, flat and fast” feature of the short drama has its own advantages, but correspondingly, this has also increased the pressure on the filmmakers to grasp the time window. “When we were making a short drama, we wanted it to be popular but also not to be popular,” Chen Ning described the mentality of the film party in this way, “If it is not popular, we can make new ones, but if it is popular, according to The time for the flow of the skit to ferment, you must keep up with the second one within half a month to take advantage of the heat, otherwise it will be cold after a month. Can this time-sensitive production team keep up?” Finally, compared to web dramas and movies, short dramas are more centered on actors, that is, dramas serve people rather than people support dramas. From this perspective, Douyin Kuaishou’s skits are not based on “content” and rely on “content” to do business, but more for the purpose of “establishing people.” “One of the problems that this brings is that if the sequel is filmed, the core male and female actors must not be changed, and the actors may sit on the floor and raise the price.” Chen Ning said. “Personal” business The effect of “Establishing People” through the skit is remarkable. Take “Yuer” as an example. Its masterpiece “This Lord I Want to Return” has accumulated 350 million views in Kuaishou, and a single drama has gained more than 2 million fans; while Kuaishou’s first major short drama “This Male Lead Is A Little Cold” The heroine of “A Great Friend of Lu” also gained 5 million fans through the show. The super strong ability to attract fans in a short period of time has made the skit more possibilities on the commercial link. “The Kuaishou skit itself still relies on the business model of the Kuaishou platform, so we will be more based on the commercialization of the entire platform to empower. We monitored part of the more interesting link is that the 5 million fans of “Yi Lu” directly In order to become a trusted fan of her e-commerce, her GMV conversion of her e-commerce has increased by about 60 times. This is a very surprising number. Therefore, our important direction in the second half of this year is to deeply integrate the short drama with the e-commerce.” Kuaishou The person in charge of the skit said. Chen Ning also believes that e-commerce will most likely become the main monetization method for skits in the future. “In fact, if MCN or individuals want to do Douyin or Kuaishou accounts, the initial investment in maintaining accounts is mainly to buy traffic and increase fans. The short drama is a way to reduce the initial investment time. For example, a drama is rated as A-level, and the platform gives 3000 With more than 10,000 traffic support, it may increase by 1 million fans in a short period of time, but if you raise your account to 1 million, it will take at least half a year to a year.” In other words, the skit is more like a “medium” to increase fans. Through the story of the skit, users can follow the core actors to increase their stickiness. After the skit ends, the actors return to the anchor status and use private domain traffic to bring goods. This can also explain why Kuaishou, which has stronger private domain traffic and a more complete e-commerce ecology, can be ahead of Douyin in the field of skits. But hidden dangers also exist. From the perspective of content, the essence of skits is “net-sensing cool dramas”. This type of content has limited reputation and influence, and the quality of the content is directly proportional to the life cycle. This makes the skits have a short life cycle and requires continuous delivery of new points and new ideas. Stories to satisfy users. Therefore, the realization of the IP of a short drama itself cannot be extended into an ecology like a long film and television drama. In response to this, the person in charge of the Kuaishou skit responded, “Under the environment of trial and error, the influence of a hit can last for a year. It is considered good. After all, it is related to the input-output ratio. The cost of brainpower is definitely not comparable to a short drama, and the influence of the former’s subsequent IP ecology will inevitably last for more than ten years.” According to Kuaishou’s thinking, the skit is more suitable for tapping people’s IP value and people’s e-commerce. In addition, for the artists, the short drama does provide them with a way out. For example, the vast majority of trainees who have not debuted on domestic talent shows, due to the lack of a comprehensive audition system in China, a large number of trainees lack opportunities to show up, and short plays provide them with a low-cost stage. Faced with such a big cake, many traditional artist agency companies have come to an end one after another. For example, Jiaxing Media, which participated in the production of “Sansheng III Shili Peach Blossom”, launched its self-made short drama “The Other Half of Me and You” on Youku for the first time; Yin United produced a short drama “Don’t be afraid, fall in love!” “; Happy Twist has also reached cooperation with Kuaishou and Haojiao at the same time, and has output multiple skits. Many people in the industry believe that although the number of micro-short dramas is often hundreds of millions, there are still no real works out of the circle, and there is no short video version of “Unexpectedly”. However, “whether or not it is out of the circle” seems to be irrelevant now. The role played by the film and television works incubated in the short video era has been rewritten, the tool attribute has come to the front, and the content itself has retreated to the second line. This may be the short drama in the present. The biggest change brought to the industry. (At the request of the interviewee, Chen Ning is a pseudonym)

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Investment opportunities What to do with the savings in inflation?

Status: 22.06.2021 12:28 p.m.

Even in times of rising prices and zero interest rates, many Germans have their money in savings books or call money accounts. But if you want to protect your savings from inflation, you need alternatives.

From Lothar Gries, tagesschau.de

Consumer prices in Germany rose by 2.5 percent in May – more than they have been for almost ten years. At the same time, there is practically no more interest on overnight and fixed-term deposits, the most popular form of investment among Germans. Cash is also in great demand. The value of the notes issued by the Bundesbank rose by 9.5 percent last year. A similarly high growth rate was last seen in 2014. At the end of May 2021, banknotes issued by the Bundesbank to the value of 839 billion euros were in circulation, 52 billion or 6.6 percent more than a year earlier. But if you want your money to grow, you have to consider other investments than hoarding cash or putting it on savings accounts. There is no shortage of alternative investment opportunities. The long lucrative federal bonds are no longer one of them. The yields on these securities have fallen below zero since August 2019. Investors who lend money to the German state have to pay for it – a turning point, as they still got a return of five percent at the beginning of the millennium. “Today federal bonds have no place in assets that are designed to maintain or increase in value,” explains Ulrich Kater, chief economist at Deka-Bank, which is part of the savings bank group.

No prospect of rising interest rates

Investors should also not give in to the hope that consumer prices, which have recently risen again, will lead to higher interest rates. Inflation is likely to accelerate further until the end of the year, but the European Central Bank (ECB) has repeatedly emphasized that it will adhere to the zero interest rate policy. The priority is to stimulate the economy again after the corona crisis, said ECB boss Christine Lagarde. In addition, the current rise in inflation is only temporary.

Investments that are considered to be risk-free, such as savings books and fixed-term deposit accounts, no longer offer any prospect of positive returns for the time being. In order for the saved to experience growth, stocks in particular offer themselves as a way out. Fund savings plans, for example, are a good way to get started. Investors pay regular amounts, in many cases from 25 euros upwards, into an investment fund in which various securities are bundled and which is managed by professionals. Alternatively, of course, investors also have the option of taking their money into their own hands and buying shares in individual companies on their own. In the past few years, you couldn’t go wrong when buying technology stocks.

Alternative ETF?

If you don’t dare to do this, but still want to invest in stocks, you can invest your money in a so-called Exchange Traded Fund (ETF). These funds replicate a stock market index (often with so-called derivatives). This can be the German share index (DAX) or other indices such as the US leading index Dow Jones. The performance of an ETF is closely linked to the respective index. As a result, the fees are usually lower than with other funds. Investing in the stock market is of course not without risk: If the index behind an ETF falls because the stocks in it fall, the fund also loses value.

Nevertheless, ETFs are enjoying growing popularity. According to industry experts, there are almost 7,000 of these funds. This is also due to the low interest rate phase. It ensures that more people invest their money in funds than before. Many have done well with this strategy and have achieved better returns than they would have achieved on a call money account. For example, an ETF on the DAX alone has generated a return of 55 percent in the last five years – provided that you kept your nerve at the beginning of the pandemic and did not sell when the markets collapsed by a third in spring 2020.

Gold and open real estate funds

A popular investment, especially in times of crisis, is gold. The corona pandemic has confirmed this again. By early August 2020, the price of a troy ounce (31.1 grams) had risen to an all-time high of $ 2,063, around a third more than at the beginning of the year. But then things went downhill again, to $ 1,684 in March. It is currently $ 1,775. In fact, gold is extremely volatile because the price is mainly driven by demand, because it has no “intrinsic value” like companies do. The precious metal is therefore not considered a reliable investment. There is also the often unsafe storage of bars or coins.

Those who shy away from the capital market and don’t believe in precious metals can also invest their money in real estate funds. They collect capital from investors and invest it in offices, shopping centers, residential buildings or logistics centers. The so-called open real estate funds are particularly popular with private investors. The income from such a fund, i.e. the rental income after deducting costs, is distributed to the owners as profit. With well-managed funds, an annual return of four to five percent can be achieved, a little more than the inflation rate.

Sometimes there is a risk of total loss

But the system has a catch. A minimum holding period of 24 months applies to open-ended real estate funds. An investor must also announce the return of his money to the fund company. Then he will get his system back after twelve months at the earliest. So if you have to get your money at short notice at any time, you should refrain from such investments.

The examples show that there is no shortage of alternatives to the savings book or a federal bond. But if you want to increase your money, you also have to be prepared to take risks. In some cases, for example when purchasing shares, there is even a risk of total loss, as the example of Wirecard recently showed. A look abroad – especially the USA, where far more people own shares than in Germany – shows that long-term wealth can only be built up with investments in the capital market

Wrong interest calculations BaFin is taking action

Status: 21.06.2021 5:08 p.m.

Premium savings contracts have long promised savers big money. However, in the low interest rate phase, many banks corrected the promised profit commitments downwards. BaFin is now intervening – in the interests of customers.

From Ursula Mayer, Mr

The Federal Financial Supervisory Authority BaFin obliges banks and savings banks to inform holders of premium savings contracts with a variable interest rate about ineffective interest rate adjustment clauses. To this end, the authority has published a general order – which is considered a sharp sword in the financial sector. The financial institutions must also explain to savers whether they have received too little interest as a result of the ineffective clauses. In this case, either back payments beckon or the banks can offer customers modified contracts with an effective interest rate adjustment clause. The changes apply retrospectively and also compensate for insufficiently paid interest in the past. According to BaFin, at least 247 banks and savings banks are affected. The total amount is open.

So far, banks have stood across the board

In the period between 1990 and 2010 in particular, the financial institutions offered a large number of premium savings contracts. These long-term contracts contain clauses that allow financial institutions to unilaterally change the guaranteed interest rate. They often did that in the low interest rate phase and cut savings rates, in some cases massively – at the expense of their customers. The Federal Court of Justice has meanwhile classified the clauses as ineffective.

BaFin Executive Director Thorsten Pötzsch refers to this in the general decree. He speaks of a “grievance” for consumers, which BaFin wants to remedy in terms of collective consumer protection. “We ensure that affected customers are comprehensively informed and legally treated,” says Pötzsch. Because for more than a year the supervisors have been trying to find a solution with the financial institutions in the interests of the customers, even at a round table – so far without success. The general decree shows that BaFin’s patience has come to an end.

Hundreds of thousands of customers affected

“We are assuming that banks and, above all, savings banks have concluded hundreds of thousands of premium savings contracts nationwide,” says financial expert Andrea Heyer from the consumer center in Saxony. She and her team have specialized in recalculating such contracts. More than 7700 customers from all over Germany have already contacted us.

As the consumer advocates have calculated together with experts, the financial institutions have calculated the interest rates too low for years in almost all cases. As a rule, consumers were unable to understand how they set the variable interest rate. Often the financial houses have lowered interest rates too much, in too large interest rate steps downwards. “Depending on the case, those affected are entitled to additional payments of a few hundred to over 40,000 euros in individual cases,” says Heyer. In this respect, she welcomes the fact that BaFin is now intervening – that is an important signal.

Suddenly it was 15,000 euros less

Karina Rother from Frankfurt, for example, signed such a premium savings contract at Frankfurter Sparkasse in the 1990s and wanted to do something for her retirement with it. “The Sparkasse promised me that with a term of 25 years it would really be worth it for me,” says Rother. She promised the customer steadily rising interest rates and ever higher cash rewards.

Rother assumed that she would get around 77,000 euros in the end – as it was calculated in an advertising flyer. Suddenly it should be around 15,000 euros less. In the end, she agreed with the Sparkasse on an extra payment of around 4,000 euros – but, says Rother: “It annoys me that a public institute in particular causes such trouble, even though it is in the interests of the company ‘Joe Bloggs’ should have in view. “When asked, the Sparkasse did not want to comment on the case because of banking secrecy.

Savings banks oriented towards the common good have a duty

Julian Merzbacher, consumer protection expert of the citizens’ movement Finanzwende, also sees the savings banks in particular as having an obligation to finally act and to approach customers on their own initiative. “It is a cheek that the public welfare-oriented institutes have so far mainly relied on the time factor and statutes of limitations when it comes to saving premiums”.

The general decree of BaFin also explicitly refers to contracts that have already been terminated. But the extent to which claims from customers are already statute-barred – or maybe not – is not a matter for BaFin, it says there, but the courts would have to clarify in case of doubt.

Big incomprehension among the banks

However, the credit institutions now have four weeks to appeal against the general ruling. This is currently being checked, according to the Deutsche Kreditwirtschaft, the umbrella association for the banking industry. “It is astonishing that the Federal Financial Supervisory Authority is pre-empting the courts,” said a written statement.

Because there is still another judgment pending at the Federal Court of Justice, according to which specific criteria banks have to adjust interest rates in long-term savings contracts. When this decision will be announced is not yet known – consumer advocates are expecting the verdict in the fall. And of course the German banking industry wants to take this into account, according to its own statements.

Don’t just accept comparison offers

But just waiting until then is not an option, according to BaFin. After all, it is uncertain when a decision by the Federal Court of Justice can be expected, according to the general ruling. As a result, the situation is unnecessarily prolonged for the financial supervisors, and consumers should now be informed urgently.

With a view to the general ruling, consumers do not have to do anything at first. However, you should pay attention to whether you will soon receive mail from your house bank regarding premium savings contracts or not. If comparative offers are made, consumer advocate Heyer recommends having them checked so that no saver is taken advantage of

Free corona tests Pharmacies want to reduce supply

Status: 06/20/2021 07:22 a.m.

In view of falling demand and less money from the federal government, many pharmacies want to reduce their range of corona rapid tests. The implementation is no longer economical. Due to the falling demand for corona tests, Germany’s pharmacies want to limit their range. Since the number of fully vaccinated is increasing and infection protection rules have been relaxed, the need for tests is decreasing, said a spokesman for the Abda pharmacists’ association. He also pointed out that the federal government pays less than before. “This means that it is no longer economical to carry out the tests for a number of pharmacies.” The test offer will therefore probably get smaller step by step. Alongside private companies and state institutions, pharmacies are among the most important test center operators. According to Abda estimates, around 20 to 25 percent of pharmacies offer so-called citizen tests – that is, rapid tests that are free for consumers and paid for by the federal government.

Less money for tests

Originally, the pharmacies, like all other providers, received up to 18 euros per antigen test carried out, now the federal government only pays up to 12.50 euros. In the corona pandemic, spring tests were key to ensuring that people with a negative result could visit restaurants or shops.

However, the number of infections is now so low that loosening takes effect and a visit to a restaurant or shopping is permitted even without a test result. In addition, fully vaccinated people are exempt from test requirements.

Fewer and fewer rapid tests

Figures from the NRW Ministry of Health show how much demand is falling. Last Thursday there were 306,000 rapid antigen tests via the test centers in the state. Of those, 216 were positive – a percentage of 0.07 percent. A week earlier there were 498,000 tests in one day (positive: 0.08 percent); a month ago it was 594,000 (positive: 0.23 percent). The number of test sites in North Rhine-Westphalia was recently stable at 9236 – it will probably decrease in the future.

The Association of the Diagnostics Industry, which represents manufacturers of tests, assumes that the demand for antigen tests in the test centers will drop significantly in the summer. The manufacturers will “of course adjust to a permanently falling demand,” said an association spokeswoman. But they are working on tests that could detect both influenza and coronavirus disease. Such tests could help in the fall, should there be a flu wave and the number of corona infections rise again.

“Kaishou Little Theater” page “I want it to fire, but I also want it not to fire” The most obvious advantage of the skit is undoubtedly the “short and fast”. Compared with TV series and movies with high investment and unstable income, the lower cost and faster feedback of skits are the main reasons why traditional film and television companies favor it. At first, many companies made their first pot of gold in this blue ocean, but they were quickly hit. “When we started to do it in mid-2019, the cycle was very short, because it only needed to be reviewed by the platform, the production budget was also very cheap, and one episode could be controlled at 10,000 yuan.” Chen Ning told Sohu Technology, with the help of Douyin and Kuaishou. With the intervention of traditional video platforms, the budget of each video soared to 500,000 yuan in just two years. Costs are rising, but the business path is still immature, and many companies that enter the game later have begun to wait and see. At present, the business models of short dramas explored by all parties in the industry are mainly divided into three types: accounting, advertising and e-commerce. Let’s first look at the relatively popular split-accounting model in recent years. Before the short drama, in 2015, iQiyi first launched the “net big share account”. At present, long video platforms have generally begun to use this commercialization method. Different platforms have different accounting rules. iQiyi adopts content sharing, marketing sharing and advertising sharing, while Tencent Video and Youku only adopt content sharing. According to the effective viewing time of paying users, it is a kind of benign income model to make the big works of online drama and network directly face the C-end users, which will force the film party to be responsible for the quality of the content. There have been many high-income cases in online drama splitting. In 2016, “The Demon Out of Changan” with a production cost of only 4.5 million made more than 20 million in revenue, and the return on investment ratio reached 1:4.5; in 2017, the revenue of “The Chef of the Flower Pot” has exceeded 72 million in two years. Of course, as the industry passes through the initial stage of volume, the good days of relying on platform subsidies and account sharing will not last long. The producers of the skits asked by Sohu Technology all stated that “you can’t make much money by splitting the accounts.” At present, both Kuaishou and Douyin have avoided discussing the proportion of revenue sharing. Previously, the person in charge of Kuaishou short drama pointed out to the media, “Because of the lack of subsequent monetization channels, long dramas can only rely on a mode of sharing accounts. The special form of the video allows it to be monetized even if there is no account split. The monetization mode other than the account split is rapidly completing the video, and the follow-up will become heavier and heavier.” From the attitude of the platform, it is difficult for the account split to become the main film party. Source of income. The so-called “special form of short video” enables advertising customization and e-commerce to be applied more flexibly in the ecosystem. For example, in terms of advertising, Kuaishou and Wanglaoji’s “Auspicious Theater” have launched two short dramas “Niu XIII” and “My Contract Boyfriend” with over 100 million broadcasts. However, due to the unclear prospects of the short dramas, many advertisers are still cautious about the placement of most of the short dramas. “Everything depends on whether there are customers who want to place an order.” An insider of Happy Twist told Sohu Technology that although the short drama is a new direction for Happy Twist, the internal promotion is very slow. On the one hand, the current production process of the short drama It’s not much easier than a long drama. On the other hand, it’s not easy to find content that meets customer needs. “Of course we want to make our own IP, but there is no content at the moment.” Wang Yaou, general manager of Happy Twist Marketing Center, once said in an interview with Dongxi Cultural Entertainment: “The short play is very short, but how to balance the quality of the content and the commercial value of the brand is not easy at all. Moreover, this is a new field. How the content party and the platform party sign a commercial contract, how to determine the terms, how to sign, how to commercialize, how to share profits, there is no mature template, everything needs to be explored.” From advertisers to producers, everyone is still experimenting on their own. Although there have been many excellent cases of customized advertising dramas, it remains to be seen whether advertisers will continue to launch them. In addition to commercialization, film producers are also facing more and more difficulties in the production process. The first to bear the brunt is the gradual lengthening of the cycle. “Timeliness is the number one advantage of the short drama. It was originally possible to make two dramas a month, but now that the supervision is involved, the time period from production to launch is hard to say.” Chen Ning said, when the short drama is the biggest After the time advantage is gradually compressed, the future space will not be particularly large. Secondly, the “short, flat and fast” feature of the short drama has its own advantages, but correspondingly, this has also increased the pressure on the filmmakers to grasp the time window. “When we were making a short drama, we wanted it to be popular but also not to be popular,” Chen Ning described the mentality of the film party in this way, “If it is not popular, we can make new ones, but if it is popular, according to The time for the flow of the skit to ferment, you must keep up with the second one within half a month to take advantage of the heat, otherwise it will be cold after a month. Can this time-sensitive production team keep up?” Finally, compared to web dramas and movies, short dramas are more centered on actors, that is, dramas serve people rather than people support dramas. From this perspective, Douyin Kuaishou’s skits are not based on “content” and rely on “content” to do business, but more for the purpose of “establishing people.” “One of the problems this brings is that if the sequel is filmed, the core male and female actors must not be changed, and the actors may sit down and raise prices.” Chen Ning said. “Personal” business The effect of “Establishing People” through the skit is remarkable. Take “Yuer” as an example. Its masterpiece “This Lord I Want to Return” has accumulated 350 million views in Kuaishou, and a single drama has gained more than 2 million fans; while Kuaishou’s first major short drama “This Male Lead Is A Little Cold” The heroine of “A Great Friend of Lu” also gained 5 million fans through the show. The super strong ability to attract fans in a short period of time has made the skit more possibilities on the commercial link. “The Kuaishou skit itself still relies on the business model of the Kuaishou platform, so we will be more based on the commercialization of the entire platform to empower. We monitored part of the more interesting link is that the 5 million fans of “Yi Lu” directly In order to become a trusted fan of her e-commerce business, her GMV conversion of her e-commerce company has increased by about 60 times. This is a very surprising number. Therefore, our important direction in the second half of this year is to deeply integrate the short drama with the e-commerce company.” Kuaishou The person in charge of the skit said. Chen Ning also believes that e-commerce will most likely become the main monetization method for skits in the future. “In fact, if MCN or individuals want to do Douyin or Kuaishou accounts, the initial investment in maintaining accounts is mainly to buy traffic and increase fans. The short drama is a way to reduce the initial investment time. For example, a drama is rated as A-level, and the platform gives 3000 With more than 10,000 traffic support, it may increase by 1 million fans in a short period of time, but if you raise your account to 1 million, it will take at least half a year to a year.” In other words, the skit is more like a “medium” to increase fans. Through the story of the skit, users can follow the core actors to increase their stickiness. After the skit ends, the actors return to the anchor status and use private domain traffic to bring goods. This can also explain why Kuaishou, which has stronger private domain traffic and a more complete e-commerce ecology, can be ahead of Douyin in the field of skits. But hidden dangers also exist. From the perspective of content, the essence of skits is “net-sensing cool dramas”. This type of content has limited reputation and influence, and the quality of the content is directly proportional to the life cycle. This makes the skits have a short life cycle and requires continuous delivery of new points and new ideas. Stories to satisfy users. Therefore, the realization of the IP of a short drama itself cannot be extended into an ecology like a long film and television drama. In response to this, the person in charge of the Kuaishou skit responded, “Under the environment of trial and error, the influence of a hit can last for a year. It is considered good. After all, it is related to the input-output ratio. The cost of brainpower is definitely not comparable to a short drama, and the influence of the former’s subsequent IP ecology will inevitably last for more than ten years.” According to Kuaishou’s thinking, the skit is more suitable for tapping people’s IP value and people’s e-commerce. In addition, for the artists, the short drama does provide them with a way out. For example, the vast majority of trainees who have not debuted on domestic talent shows, due to the lack of a comprehensive audition system in China, a large number of trainees lack opportunities to show up, and short plays provide them with a low-cost stage. Faced with such a big cake, many traditional artist agency companies have come to an end one after another. For example, Jiaxing Media, which participated in the production of “Sansheng III Shili Peach Blossom”, launched its self-made short drama “The Other Half of Me and You” on Youku for the first time; Yin United produced a short drama “Don’t be afraid, fall in love!” “; Happy Twist has also reached cooperation with Kuaishou and Haojiao at the same time, and has output multiple skits. Many people in the industry believe that although the number of micro-short dramas is often hundreds of millions, there are still no real works out of the circle, and there is no short video version of “Unexpectedly”. However, “whether or not it is out of the circle” seems to be irrelevant now. The role played by the film and television works incubated in the short video era has been rewritten, the tool attribute has come to the front, and the content itself has retreated to the second line. This may be the short drama in the present. The biggest change brought to the industry. (At the request of the interviewee, Chen Ning is a pseudonym)

background

Negative interest on credit When it suddenly costs you to save

As of: 06/18/2021 8:58 a.m.

Up to now, banks have mainly charged new customers with negative interest rates. It also affects existing customers more and more frequently. Consumer advocates advise to be clear about what you want to do with the money.

From Iris Völlnagel, SWR

Anger and complaints from consumers are part of everyday life for Josephine Holzhäuser, financial expert at the consumer center in Rhineland-Palatinate. But since the beginning of the year, more and more consumers have come to her who have left their financial institutions “betrayed and sold” feel. The reason: More and more banks and savings banks are introducing negative interest rates on current and savings accounts.

More than 345 institutes collect negative interest

Many older people, but also younger ones, now sought advice from consumer advocates. Most of them have been customers for years, have taken out their mortgage lending or insurances with the banks, and now they are being threatened with termination if they are not willing to pay negative interest, says Holzhäuser. “From my point of view, this is a clumsy business practice.” People feel compelled and pressured. Many older people are overwhelmed – especially those who are not so fit online. Since the beginning of the year, more than 170 banks and savings banks in Germany have introduced negative interest rates. This is the result of a study on the www.biallo.de Internet portal. Every third bank only grants an allowance of 25,000 euros. The consumer portal Verivox also regularly researches and publishes the product overviews and price lists of around 1,300 credit institutions that are accessible online. As a result, more than 345 banks have now introduced negative interest rates for private customers. 19 banks charge fees for the call money account, which is usually free of charge. This also creates a de facto negative interest rate. In addition, there are the banks that do not publish any information, according to Verivox. Most recently, Postbank announced that it would lower the exemption limits for savings deposits on June 21 and one for new customers “Custody fee” from 50,000 euros on the current account and 25,000 euros on the daily allowance account. Contributions above this limit are charged with 0.5 percent. So far, the tax exemption has been 100,000 euros.

Banks point their fingers at the ECB

As a reason for that “Custody fee” the financial institutions repeatedly claim that they themselves pay negative interest rates to the European Central Bank (ECB). In 2014 it began to charge penalty interest on money that the commercial banks park in their central bank accounts. However, the banks are now granted exemptions. Critics therefore complain that the financial houses are doing business with negative interest rates.

This practice will not change in the foreseeable future, fears consumer advocate Holzhäuser. “If one bank does it, the others follow suit. If the pace continues, one no longer looks to see which bank has no negative interest, but from which tax exemption”, so wooden houses. David Bode from the legal enforcement team of the Federal Association of Consumer Organizations knows whether the introduction of negative interest is generally permissible. The association has filed suits at different courts in several federal states. It concerns both current and overnight money accounts. How long the litigation will take is difficult to estimate, according to Bode. There could possibly be first judgments in the current calendar year. In the end, the Federal Court of Justice may have to decide.

Consumers in a bind

A basic distinction should be made between existing and new customers. The latter advises the financial expert Holzhäuser to look at the small print before signing the contract. In the meantime, it is noted in the general terms and conditions whether negative interest is charged above a certain amount.

This is different with existing customers, where changes require an individual agreement. In the past year, the banks would have allowed existing customers to talk to them. In the meantime, the banks are going to terminate their business relationships. “That has another dimension”, so the consumer advocate. “As a customer, I then have to decide whether to sign or not.” In the meantime, however, she advises signing more and more often, according to Holzhäuser. “If people want to stay with the bank, they have to bite the bullet and watch the further case law.” If you don’t want to sign, you shouldn’t wait for the bank to give notice of termination, advises the consumer advocate. “We cannot yet assess how such a termination will affect Schufa, for example.” Alternatively, consumers could look for a new bank. As a rule, you have some time because the bank contacts its customers one to two months in advance.

Shift money, check investments

Many banks charged negative interest for amounts in excess of 100,000 euros. This corresponds to the amount of the deposit protection; that is, the amount for which the bank guarantees in the event of a total failure. If you have more in your account, you should distribute your money between several accounts at different institutions, according to the advice of the financial expert.

After all, everyone should check why they have so much money in their account at all, according to the consumer advocate. The following also applies: do not accept every offer without review. “In case of doubt, it is better to go with negative interest than to invest the money headlong.” A unit-linked annuity insurance with a term of twelve years is not an adequate offer for people over 70, according to Holzhäuser. You can also deposit the money in a locker or safe at any time. Just leaving it at home is the worst option because of the risk of theft, according to the financial expert

“Kaishou Little Theater” page “I want it to fire, but I also want it not to fire” The most obvious advantage of the skit is undoubtedly the “short and fast”. Compared with TV series and movies with high investment and unstable income, the lower cost and faster feedback of skits are the main reasons why traditional film and television companies favor it. At first, many companies made their first pot of gold in this blue ocean, but they were quickly hit. “When we started to do it in mid-2019, the cycle was very short, because it only needed to be reviewed by the platform, the production budget was also very cheap, and one episode could be controlled at 10,000 yuan.” Chen Ning told Sohu Technology, with the help of Douyin and Kuaishou. With the intervention of traditional video platforms, the budget of each video soared to 500,000 yuan in just two years. Costs are rising, but the business path is still immature, and many companies that enter the game later have begun to wait and see. At present, the business models of short dramas explored by all parties in the industry are mainly divided into three types: accounting, advertising and e-commerce. Let’s first look at the relatively popular split-accounting model in recent years. Before the short drama, in 2015, iQiyi first launched the “net big share account”. At present, long video platforms have generally begun to use this commercialization method. Different platforms have different accounting rules. iQiyi adopts content sharing, marketing sharing and advertising sharing, while Tencent Video and Youku only adopt content sharing. According to the effective viewing time of paying users, it is a kind of benign income model to make the big works of online drama and network directly face the C-end users, which will force the film party to be responsible for the quality of the content. There have been many high-income cases in online drama splitting. In 2016, “The Demon Out of Changan” with a production cost of only 4.5 million made more than 20 million in revenue, and the return on investment ratio reached 1:4.5; in 2017, the revenue of “The Chef of the Flower Pot” has exceeded 72 million in two years. Of course, as the industry passes through the initial stage of volume, the good days of relying on platform subsidies and account sharing will not last long. The producers of the skits asked by Sohu Technology all stated that “you can’t make much money by splitting the accounts.” At present, both Kuaishou and Douyin have avoided discussing the proportion of revenue sharing. Previously, the person in charge of Kuaishou short drama pointed out to the media, “Because of the lack of subsequent monetization channels, long dramas can only rely on a mode of sharing accounts. The special form of the video allows it to be monetized even if there is no account split. The monetization mode other than the account split is rapidly completing the video, and the follow-up will become heavier and heavier.” From the attitude of the platform, it is difficult for the account split to become the main film party. Source of income. The so-called “special form of short video” enables advertising customization and e-commerce to be applied more flexibly in the ecosystem. For example, in terms of advertising, Kuaishou and Wanglaoji’s “Auspicious Theater” have launched two short dramas “Niu XIII” and “My Contract Boyfriend” with over 100 million broadcasts. However, due to the unclear prospects of the short dramas, many advertisers are still cautious about the placement of most of the short dramas. “Everything depends on whether there are customers who want to place an order.” An insider of Happy Twist told Sohu Technology that although the short drama is a new direction for Happy Twist, the internal promotion is very slow. On the one hand, the current production process of the short drama It’s not much easier than a long drama. On the other hand, it’s not easy to find content that meets customer needs. “Of course we want to make our own IP, but there is no content at the moment.” Wang Yaou, general manager of Happy Twist Marketing Center, once said in an interview with Dongxi Cultural Entertainment: “The short play is very short, but how to balance the quality of the content and the commercial value of the brand is not easy at all. Moreover, this is a new field. How the content party and the platform party sign a commercial contract, how to determine the terms, how to sign, how to commercialize, how to share profits, there is no mature template, everything needs to be explored.” From advertisers to producers, everyone is still experimenting on their own. Although there have been many excellent cases of customized advertising dramas, it remains to be seen whether advertisers will continue to launch them. In addition to commercialization, film producers are also facing more and more difficulties in the production process. The first to bear the brunt is the gradual lengthening of the cycle. “Timeliness is the number one advantage of the short drama. It was originally possible to make two dramas a month, but now that the supervision is involved, the time period from production to launch is hard to say.” Chen Ning said, when the short drama is the biggest After the time advantage is gradually compressed, the future space will not be particularly large. Secondly, the “short, flat and fast” feature of the short drama has its own advantages, but correspondingly, this has also increased the pressure on the filmmakers to grasp the time window. “When we were making a short drama, we wanted it to be popular but also not to be popular,” Chen Ning described the mentality of the film party in this way, “If it is not popular, we can make new ones, but if it is popular, according to The time for the flow of the skit to ferment, you must keep up with the second one within half a month to take advantage of the heat, otherwise it will be cold after a month. Can this time-sensitive production team keep up?” Finally, compared to web dramas and movies, short dramas are more centered on actors, that is, dramas serve people rather than people support dramas. From this perspective, Douyin Kuaishou’s skits are not based on “content” and rely on “content” to do business, but more for the purpose of “establishing people.” “One of the problems this brings is that if the sequel is filmed, the core male and female actors must not be changed, and the actors may sit down and raise prices.” Chen Ning said. “Personal” business The effect of “Establishing People” through the skit is remarkable. Take “Yuer” as an example. Its masterpiece “This Lord I Want to Return” has accumulated 350 million views in Kuaishou, and a single drama has gained more than 2 million fans; while Kuaishou’s first major short drama “This Male Lead Is A Little Cold” The heroine of “A Great Friend of Lu” also gained 5 million fans through the show. The super strong ability to attract fans in a short period of time has made the skit more possibilities on the commercial link. “The Kuaishou skit itself still relies on the business model of the Kuaishou platform, so we will be more based on the commercialization of the entire platform to empower. We monitored part of the more interesting link is that the 5 million fans of “Yi Lu” directly In order to become a trusted fan of her e-commerce business, her GMV conversion of her e-commerce company has increased by about 60 times. This is a very surprising number. Therefore, our important direction in the second half of this year is to deeply integrate the short drama with the e-commerce company.” Kuaishou The person in charge of the skit said. Chen Ning also believes that e-commerce will most likely become the main monetization method for skits in the future. “In fact, if MCN or individuals want to do Douyin or Kuaishou accounts, the initial investment in maintaining accounts is mainly to buy traffic and increase fans. The short drama is a way to reduce the initial investment time. For example, a drama is rated as A-level, and the platform gives 3000 With more than 10,000 traffic support, it may increase by 1 million fans in a short period of time, but if you raise your account to 1 million, it will take at least half a year to a year.” In other words, the skit is more like a “medium” to increase fans. Through the story of the skit, users can follow the core actors to increase their stickiness. After the skit ends, the actors return to the anchor status and use private domain traffic to bring goods. This can also explain why Kuaishou, which has stronger private domain traffic and a more complete e-commerce ecology, can be ahead of Douyin in the field of skits. But hidden dangers also exist. From the perspective of content, the essence of skits is “net-sensing cool dramas”. This type of content has limited reputation and influence, and the quality of the content is directly proportional to the life cycle. This makes the skits have a short life cycle and requires continuous delivery of new points and new ideas. Stories to satisfy users. Therefore, the realization of the IP of a short drama itself cannot be extended into an ecology like a long film and television drama. In response to this, the person in charge of the Kuaishou skit responded, “Under the environment of trial and error, the influence of a hit can last for a year. It is considered good. After all, it is related to the input-output ratio. The cost of brainpower is definitely not comparable to a short drama, and the influence of the former’s subsequent IP ecology will inevitably last for more than ten years.” According to Kuaishou’s thinking, the skit is more suitable for tapping people’s IP value and people’s e-commerce. In addition, for the artists, the short drama does provide them with a way out. For example, the vast majority of trainees who have not debuted on domestic talent shows, due to the lack of a comprehensive audition system in China, a large number of trainees lack opportunities to show up, and short plays provide them with a low-cost stage. Faced with such a big cake, many traditional artist agency companies have come to an end one after another. For example, Jiaxing Media, which participated in the production of “Sansheng III Shili Peach Blossom”, launched its self-made short drama “The Other Half of Me and You” on Youku for the first time; Yin United produced a short drama “Don’t be afraid, fall in love!” “; Happy Twist has also reached cooperation with Kuaishou and Haojiao at the same time, and has output multiple skits. Many people in the industry believe that although the number of micro-short dramas is often hundreds of millions, there are still no real works out of the circle, and there is no short video version of “Unexpectedly”. However, “whether or not it is out of the circle” seems to be irrelevant now. The role played by the film and television works incubated in the short video era has been rewritten, the tool attribute has come to the front, and the content itself has retreated to the second line. This may be the short drama in the present. The biggest change brought to the industry. (At the request of the interviewee, Chen Ning is a pseudonym)

“Kaishou Little Theater” page “I want it to fire, but I also want it not to fire” The most obvious advantage of the skit is undoubtedly the “short and fast”. Compared with TV series and movies with high investment and unstable income, the lower cost and faster feedback of skits are the main reasons why traditional film and television companies favor it. At first, many companies made their first pot of gold in this blue ocean, but they were quickly hit. “When we started to do it in mid-2019, the cycle was very short, because it only needed to be reviewed by the platform, the production budget was also very cheap, and one episode could be controlled at 10,000 yuan.” Chen Ning told Sohu Technology, with the help of Douyin and Kuaishou. With the intervention of traditional video platforms, the budget of each video soared to 500,000 yuan in just two years. Costs are rising, but the business path is still immature, and many companies that enter the game later have begun to wait and see. At present, the business models of short dramas explored by all parties in the industry are mainly divided into three types: accounting, advertising and e-commerce. Let’s first look at the relatively popular split-accounting model in recent years. Before the short drama, in 2015, iQiyi first launched the “net big share account”. At present, long video platforms have generally begun to use this commercialization method. Different platforms have different accounting rules. iQiyi adopts content sharing, marketing sharing and advertising sharing, while Tencent Video and Youku only adopt content sharing. According to the effective viewing time of paying users, it is a kind of benign income model to make the big works of online drama and network directly face the C-end users, which will force the film party to be responsible for the quality of the content. There have been many high-income cases in online drama splitting. In 2016, “The Demon Out of Changan” with a production cost of only 4.5 million made more than 20 million in revenue, and the return on investment ratio reached 1:4.5; in 2017, the revenue of “The Chef of the Flower Pot” has exceeded 72 million in two years. Of course, as the industry passes through the initial stage of volume, the good days of relying on platform subsidies and account sharing will not last long. The producers of the skits asked by Sohu Technology all stated that “you can’t make much money by splitting the accounts.” At present, both Kuaishou and Douyin have avoided discussing the proportion of revenue sharing. Previously, the person in charge of Kuaishou short drama pointed out to the media, “Because of the lack of subsequent monetization channels, long dramas can only rely on a mode of sharing accounts. The special form of the video allows it to be monetized even if there is no account split. The monetization mode other than the account split is rapidly completing the video, and the follow-up will become heavier and heavier.” From the attitude of the platform, it is difficult for the account split to become the main film party. Source of income. The so-called “special form of short video” enables advertising customization and e-commerce to be applied more flexibly in the ecosystem. For example, in terms of advertising, Kuaishou and Wanglaoji’s “Auspicious Theater” have launched two short dramas “Niu XIII” and “My Contract Boyfriend” with over 100 million broadcasts. However, due to the unclear prospects of the short dramas, many advertisers are still cautious about the placement of most of the short dramas. “Everything depends on whether there are customers who want to place an order.” An insider of Happy Twist told Sohu Technology that although the short drama is a new direction for Happy Twist, the internal promotion is very slow. On the one hand, the current production process of the short drama It’s not much easier than a long drama. On the other hand, it’s not easy to find content that meets customer needs. “Of course we want to make our own IP, but there is no content at the moment.” Wang Yaou, general manager of Happy Twist Marketing Center, once said in an interview with Dongxi Cultural Entertainment: “The short play is very short, but how to balance the quality of the content and the commercial value of the brand is not easy at all. Moreover, this is a new field. How the content party and the platform party sign a commercial contract, how to determine the terms, how to sign, how to commercialize, how to share profits, there is no mature template, everything needs to be explored.” From advertisers to producers, everyone is still experimenting on their own. Although there have been many excellent cases of customized advertising dramas, it remains to be seen whether advertisers will continue to launch them. In addition to commercialization, film producers are also facing more and more difficulties in the production process. The first to bear the brunt is the gradual lengthening of the cycle. “Timeliness is the number one advantage of the short drama. It was originally possible to make two dramas a month, but now that the supervision is involved, the time period from production to launch is hard to say.” Chen Ning said, when the short drama is the biggest After the time advantage is gradually compressed, the future space will not be particularly large. Secondly, the “short, flat and fast” feature of the short drama has its own advantages, but correspondingly, this has also increased the pressure on the filmmakers to grasp the time window. “When we were making a short drama, we wanted it to be popular but also not to be popular,” Chen Ning described the mentality of the film party in this way, “If it is not popular, we can make new ones, but if it is popular, according to The time for the flow of the skit to ferment, you must keep up with the second one within half a month to take advantage of the heat, otherwise it will be cold after a month. Can this time-sensitive production team keep up?” Finally, compared to web dramas and movies, short dramas are more centered on actors, that is, dramas serve people rather than people support dramas. From this perspective, Douyin Kuaishou’s skits are not based on “content” and rely on “content” to do business, but more for the purpose of “establishing people.” “One of the problems this brings is that if the sequel is filmed, the core male and female actors must not be changed, and the actors may sit down and raise prices.” Chen Ning said. “Personal” business The effect of “Establishing People” through the skit is remarkable. Take “Yuer” as an example. Its masterpiece “This Lord I Want to Return” has accumulated 350 million views in Kuaishou, and a single drama has gained more than 2 million fans; while Kuaishou’s first major short drama “This Male Lead Is A Little Cold” The heroine of “A Great Friend of Lu” also gained 5 million fans through the show. The super strong ability to attract fans in a short period of time has made the skit more possibilities on the commercial link. “The Kuaishou skit itself still relies on the business model of the Kuaishou platform, so we will be more based on the commercialization of the entire platform to empower. We monitored part of the more interesting link is that the 5 million fans of “Yi Lu” directly In order to become a trusted fan of her e-commerce business, her GMV conversion of her e-commerce company has increased by about 60 times. This is a very surprising number. Therefore, our important direction in the second half of this year is to deeply integrate the short drama with the e-commerce company.” Kuaishou The person in charge of the skit said. Chen Ning also believes that e-commerce will most likely become the main monetization method for skits in the future. “In fact, if MCN or individuals want to do Douyin or Kuaishou accounts, the initial investment in maintaining accounts is mainly to buy traffic and increase fans. The short drama is a way to reduce the initial investment time. For example, a drama is rated as A-level, and the platform gives 3000 With more than 10,000 traffic support, it may increase by 1 million fans in a short period of time, but if you raise your account to 1 million, it will take at least half a year to a year.” In other words, the skit is more like a “medium” to increase fans. Through the story of the skit, users can follow the core actors to increase their stickiness. After the skit ends, the actors return to the anchor status and use private domain traffic to bring goods. This can also explain why Kuaishou, which has stronger private domain traffic and a more complete e-commerce ecology, can be ahead of Douyin in the field of skits. But hidden dangers also exist. From the perspective of content, the essence of skits is “net-sensing cool dramas”. This type of content has limited reputation and influence, and the quality of the content is directly proportional to the life cycle. This makes the skits have a short life cycle and requires continuous delivery of new points and new ideas. Stories to satisfy users. Therefore, the realization of the IP of a short drama itself cannot be extended into an ecology like a long film and television drama. In response to this, the person in charge of the Kuaishou skit responded, “Under the environment of trial and error, the influence of a hit can last for a year. It is considered good. After all, it is related to the input-output ratio. The cost of brainpower is definitely not comparable to a short drama, and the influence of the former’s subsequent IP ecology will inevitably last for more than ten years.” According to Kuaishou’s thinking, the skit is more suitable for tapping people’s IP value and people’s e-commerce. In addition, for the artists, the short drama does provide them with a way out. For example, the vast majority of trainees who have not debuted on domestic talent shows, due to the lack of a comprehensive audition system in China, a large number of trainees lack opportunities to show up, and short plays provide them with a low-cost stage. Faced with such a big cake, many traditional artist agency companies have come to an end one after another. For example, Jiaxing Media, which participated in the production of “Sansheng III Shili Peach Blossom”, launched its self-made short drama “The Other Half of Me and You” on Youku for the first time; Yin United produced a short drama “Don’t be afraid, fall in love!” “; Happy Twist has also reached cooperation with Kuaishou and Haojiao at the same time, and has output multiple skits. Many people in the industry believe that although the number of micro-short dramas is often hundreds of millions, there are still no real works out of the circle, and there is no short video version of “Unexpectedly”. However, “whether or not it is out of the circle” seems to be irrelevant now. The role played by the film and television works incubated in the short video era has been rewritten, the tool attribute has come to the front, and the content itself has retreated to the second line. This may be the short drama in the present. The biggest change brought to the industry. (At the request of the interviewee, Chen Ning is a pseudonym)

The origin of this incident is that some cities have made a wish for a “digital economy”, admiring the name of “smart cities”, and they want to build “urban brains” one after another. This is a good thing. Who doesn’t want to be a fan of the computing power economy? If the local government builds the platform down-to-earth and the manufacturer deploys the product honestly, there is nothing to write about. But there are some weird phenomena, which creased this pool of spring water. Attention, there is weirdness! For example, more than half a month ago, a city’s artificial intelligence computing center project was completed and put into use to provide services such as public computing power for the artificial intelligence (AI) industry. What a good thing! However, in the media reports on the computing power of the center, such a strange appearance appeared: “The first phase of the center’s construction scale is 100P FLOPS artificial intelligence computing power… Its computing power is equivalent to 50,000 high-performance computers.” XX release, investment XX, a little information XX, etc. “The computing power of artificial intelligence is equivalent to 50,000 high-performance computers”, which is typically misleading. Coincidentally. Two years ago, when a large-scale intelligent computing project was launched in a city, the computing power released to the outside was “100PFLOPS”, and the topic was forcibly added: “Domestic AI training clusters enter the field of supercomputing”… The AI ​​dedicated smart computer became an all-round supercomputer at once, wonderful! Speaking of dollar as a “knife” and intelligent computers as supercomputers, who is pretending to be confused? Sorry for joining the stage! Is it really all the media? not necessarily. Regardless of whose pot it is, but see that the unhealthy wind is getting longer. In some places, in order to quickly launch the computing power project, the computing power is not discriminated, as long as the number is beautiful enough. Perhaps the local area did not spend a particularly large amount of capital, and built the so-called tens of P, hundreds of P computing power, thinking that it can compete with the national supercomputing center and launch a wave of computing power to drive the economy. Unexpectedly, when they invited supercomputer experts to ask, it didn’t seem to be the case. Why? You get what you pay for computing power. In order to quickly launch the computing power project, the smart computer and the supercomputer are stupidly unclear, and they are even more confused about what is the reasoning performance and what is the training performance. As a result, I thought that I spent a small amount of money to build a world-class supercomputer. It may cost a lot of money to build a machine with only reasoning performance. What does that sentence say? “ The gift of all destiny , The price has already been secretly marked . ” Today we will talk about the mystery of this. Smart computer VS super computer, can’t tell the difference? First of all, supercomputing is supercomputing. Some machines dedicated to AI computing are also called supercomputing, which is questionable. The Linpack test, which is currently used in the industry to measure supercomputers, tests the “double-precision floating-point computing capabilities” of supercomputers, that is, the calculation of 64-bit floating-point numbers (FP64), which is a high-precision numerical calculation. Among the digital precision expressed in binary, there are single precision (32-bit, FP32), half-precision (16-bit, FP16), and integer types (such as INT8, INT4). The higher the number of digits, it means that people can reflect the changes of the two values ​​in a larger range of values, so as to achieve more accurate calculations. Unlike many scientific calculations, the computing power required by AI does not need to be too high-precision. For example, some AI applications need to process speech, pictures, or videos. Inference or training can be completed by running low-precision calculations or even integer calculations. This kind of special computer processing AI algorithm is fast and low energy consumption, which is determined by its characteristics. To sum up, we can distinguish as follows: Smart computer Is a kind of dedicated computing power, they Good at intelligent calculations such as reasoning or training , But because AI reasoning or training generally only uses single-precision or even half-precision calculations, and integer calculations, most intelligent computers do not have the ability to perform high-precision numerical calculations. This also limits its use in application scenarios other than AI computing. In contrast, supercomputer It is a kind of general computing power, and its design goal is Provide complete and complex computing capabilities They are more capable of high-precision computing and have a wider range of applications. For example, scientists often use supercomputers for planetary simulation, new material development, molecular drug design, genetic analysis, and other scientific calculations and big data processing. Chen Zuoning, an academician of the Chinese Academy of Engineering, once vividly used supercomputing for AI calculations “Big Horse-drawn Car” , To illustrate that although supercomputing is “decathlon”, it is not tailor-made for AI after all; in order to do things cheaply, intelligent computers have emerged. The fusion of AI and supercomputing, which was once hyped before, is also an improved high-performance computer “AI Specialization” Strictly speaking, they no longer belong to the category of supercomputing in our traditional discourse system. Nowadays, regardless of the completion of the supercomputing center or the intelligent computing center, they all claim the computing power “FLOPS”. In fact, this unit is “floating point computing power per second”, and the unit of some smart computers is actually “OPS” – ―The number of operations per second. If there is no distinction, it is easy for everyone to mistake it for the same calculation accuracy and the same calculation ability. This also leads to Some places think that they have spent a small amount of money to build the world’s top “big supercomputing”, which seems to have taken advantage of it; when the project was launched and introduced to the supercomputing industry, they were dumbfounded. . Sorry, it’s on stage again! Use new indicators to guide the healthy development of the industry To avoid misleading and chaos in the industry, the concepts of smart computers and supercomputers must be clearly distinguished. As mentioned above, there is another misleading in the industry, that is, the reasoning performance and training performance of fuzzy intelligent computers. Compared with inference, training performance often requires higher calculation accuracy, such as 32-bit or even 64-bit. Most AI chips with “dazzling” performance often refer to their inference performance, and may only be theoretical values. For AI computing, training performance is often more important-many intelligent models depend on this. If you want to draw a schematic diagram of the computing power required by AI, “inference” is at the bottom of the computing power matrix, because half-precision computing power (FP16) or integer computing power (such as INT8) can meet the inference needs. The top one is “training”, which generally requires the use of single-precision computing power (FP32) or half-precision computing power (FP16); the most demanding computing power is the brain-like “simulation”, which requires double-precision computing power. Both computing power (FP64) and low-precision computing power are supported at the same time. In order to achieve better guidance, A simple and effective indicator is needed to help judge the AI ​​computing power of the system and the development status of the entire high-performance AI field . November 2020, Researcher of the Institute of Computing Technology of the Chinese Academy of Sciences, Secretary General of the High Performance Computing Professional Committee of the Chinese Computer Society Zhang Yunquan Joint Professor of Tsinghua University Chen Wenguang , Researcher of Argonne National Laboratory Pavan Balaji And professor at the Swiss Federal Institute of Technology Zurich Torsten Hoefler , And the ACM SIGHPC China Committee jointly initiated the “International Artificial Intelligence Performance Computing Power 500 Ranking” (ie AIPerf500) based on the AIPerf large-scale AI computing power benchmark evaluation program. Those who are interested can look through this list, The computing power unit of the machines on the list is OPS . “Supercomputing and AI computing, one yard equals one yard, requires a new scale to guide the AI ​​computing industry on the path of healthy development.” Zhang Yunquan said. Can’t get around Nvidia?Domestic AI chips are waiting to be fought The computing power starts with the chip. On the AI ​​chip track, my country has chip design companies such as Huawei N Ten, Baidu Kunlun, and Suiyuan, but even so, domestic smart computers rarely bypass the American GPU giant Nvidia. This is a helpless reality: Nvidia is a tangible beneficiary of the many intelligent computing centers launched in China . AI chips that specialize in intelligent computing can achieve faster speeds and performance that is several orders of magnitude higher in low-precision calculations as long as the number of cores is large enough and the main frequency is high enough. However, if a computing cluster requires both high-precision calculations and low-precision calculations, the requirements for AI chips are high. This is also the killer of NVIDIA GPUs. Their computing power in various precisions is outstanding and very balanced (of course AI computing power is stronger), not to mention NV has a better software stack and application ecology. Sorry, it’s on stage again! This is one of the reasons why it is difficult for most domestic AI chips to compete head-to-head with NVIDIA GPUs. And if Nvidia finally successfully acquires ARM, it will be even more powerful and take off completely. However, domestically produced AI chips are not entirely without opportunities. first of all, At present, my country’s computing power infrastructure has a strong willingness to localize. Even if giants such as Nvidia and Intel take the lead, the tide of localization is still unstoppable due to various factors such as comprehensive cost and ecology. Secondly As far as the current development of AI is concerned, scenarios, data, models, and computing power are indispensable, which means that China will be a place where global AI computing power is rich in the future. As a core requirement, AI chips cannot be monopolized by one form or one ecology. The outstanding domestic AI chips such as Cambrian and N-Teng still have huge room for development. Furthermore Although the chip is the main source of computing power and the most fundamental material basis, the production, aggregation, scheduling, and release of computing power is a complete process that requires the cooperation of the software and hardware ecology of a complex system to achieve “effective computing power.” Therefore, we should not only pay attention to the single performance index of the chip, but also pay attention to the upper-level software application ecology. Is it impossible to develop AI without huge computing power? Finally, let’s talk about the development trend of AI. Behind the confusion of the concept of computing power is the soaring demand for computing power in AI computing like a wild horse. This is not surprising. The amount of AI training is determined by the amount of parameters. What is the scale of the parameters for training AI now? Hundreds of billions, trillions! OpenAI, an artificial intelligence non-profit organization jointly established by a number of Silicon Valley “tycoons”, launched its new generation of unsupervised translation language model GPT-3 in May 2020. It currently has 175 billion parameters and a training data volume of 45TB ( About 1 trillion words). The GPT-3 model has made major breakthroughs in semantic search, text generation, content understanding, and machine translation. Its greatest value is to verify the machine’s unsupervised self-learning ability, and to verify that performance can be improved purely by scaling up. The trillion-parameter model is already on the way. In early June, Beijing Zhiyuan Artificial Intelligence Research Institute released “Enlightenment 2.0”, claiming to reach 1.75 trillion parameters, surpassing the Switch Transformer previously released by Google, and becoming the world’s largest pre-training model. The rapid growth of the parameter volume also means higher computing requirements-some may require thousands of GPUs to provide the necessary computing power. For giant models like GPT, the demand for computing power is not a joke. Is it impossible to develop AI without huge computing power? Experts believe that in the current stage of AI development (perceptual intelligence and cognitive intelligence), computing power is still the first. In fact, the development of AI can be improved through computing power, or through the algorithm revolution, but at the current stage of “capital orientation”, Compared with the uncertainty of the algorithm model breakthrough, the increase of computing power is the easy choice. However, it must be pointed out that the use of huge computing power is not the only direction for the development of artificial intelligence. Giant models such as GPT-3 also have shortcomings, such as lack of common sense; and explore the mysterious mechanism of the human brain to realize small data learning and migration learning. It is also an important means. After all, the power consumption of the brain is only about 20W, and the realization of a smart system with low energy consumption may be a more important direction for efforts. (This article was written under the strong guidance of experts in the field of supercomputing such as Zhang Yunquan, Senior Commissioner of the Chinese Computer Society, and I would like to thank you!)

Some people may question the minimum deposit standard of 300,000. In fact, it is common for many banks to see 300,000. The minimum deposit standard for large deposit certificates is mostly 200,000, but some are 300,000, and the higher may be 500,000 or 1 million. Of course, different deposit standards can obtain different interest rates, so the minimum deposit standard of 300,000 It is a very normal thing.

The second is the 4.85% rate of return. Although this rate of return is high, it is still within a normal level. At present, my country implements a dual-track system that combines the central bank’s benchmark interest rate and market interest rate. In 2015, deposit interest rate restrictions were fully lifted, and there was no ceiling for deposit interest rates. For example, in 2019, bank deposit interest rates could reach 6% when they were the highest in the year.Preparing for Medical Exams

Although there is no limit on the maximum deposit interest rate, there is one requirement, that is, to be able to absorb the cost of debt and not to engage in vicious competition for the sake of soliciting savings. Just like now, some merchants maliciously cut prices in order to solicit customers, and ultimately will only disrupt the order and operation of the entire market. At present, it is not uncommon for the deposit interest rate to reach 5% in the three-year or five-year deposits of some small and medium-sized banks. Therefore, the deposit interest rate of 4.85% is still within the normal range, which is not outrageous.

The biggest difference between large deposit certificates and large deposits is that the issuance of large deposit certificates requires filing with the central bank and requires relevant qualifications to be issued. However, large deposits are different. Each bank can launch it on its own. The nature of the deposit is actually the bank’s fixed deposit.Preparing for Medical Exams

In addition, the interest rate of large deposit certificates will also be restricted. At present, the highest interest rate for three-year large deposit certificates of state-owned banks is only 3.985%, and the highest interest rate for three-year large deposit certificates of joint-stock commercial banks is only 4.126%. Local small and medium-sized banks The interest rate for large deposit certificates is generally only around 4.3%, so the 4.85% interest rate is not much like large deposit certificates, but more like large deposits.

It is normal for local small and medium-sized banks to offer a 4.85% interest rate for large deposits over a three-year or five-year period. Although the three-year deposit interest rate of state-owned banks is only about 3.5%, 4.85% has far exceeded the market level, but due to the low strength and popularity of these small and medium-sized banks, in order to attract savings, they can only increase the deposit interest rate substantially, and in order to effectively reduce the interest rate. The cost of storage, so appropriately raising the threshold for deposits, is also the usual method of these banks.

Produced｜Sohu Technology

Author｜Song Wanxin

Edit｜Yang Jin

After exploring for a period of time, at the beginning of this year, Chen Ning’s company gave up the short drama business. The reasons behind it are complicated. He feels that since the skit has become an outlet, the market is still speculating on the concept, and no one has run through the commercialization path. This somewhat illustrates a certain problem.

If you trace the origin of the skit, you may have to start with “Unexpectedly” in 2013. At that time, Douyin had not yet been born, and Kuaishou had not been out of the circle. “Unexpectedly” is defined as a mini comedy, but from the perspective of the content of the series, “Unexpectedly” also has the characteristics of today’s “mini-short drama”: 15 episodes per season, 5 minutes per episode, compact plot , The net is full, the pain points and the laugh points are intensive.

The early short dramas were mainly played in the horizontal screen mode of UAT. In the past two years, with the development of short videos, the short dramas have naturally grown in the short video ecology.

According to the “2020 China Internet Audiovisual Development Research Report” released on October 12 last year, short video users have reached 818 million, and the average daily short video product use time is 110 minutes. When the short video traffic dividend is about to peak, the content mode of short dramas has become a new direction for platforms to compete for user duration.

From mid-2019 to the present, Chen Ning has felt the tremendous changes in the skit industry, “No matter whether it is the production system or the budget, it is no longer the same.” At the same time, after a period of barbaric growth, regulatory forces also began to intervene.

At the end of last year, the State Administration of Radio, Film and Television added the category of “Internet short dramas” to the key online film and television drama information filing system. This category stipulates that the web short drama is a web drama with a single episode of no more than 10 minutes. This means that the “micro short drama” has been named and qualitative, and the market has formed a larger scale and has been brought into supervision.

A few days ago, Kuaishou and Douyin have held short play press conferences, and each published their transcripts. Douyin said that during the “New Fan Project 1.0” period, 110 MCN agencies and more than 1,400 Douyin creators participated, and a total of short play works have been registered. There are more than 5,000 units. Kuaishou announced that more than 20,000 skits have been included, of which over 12.5 percent of the episodes are over 100 million. Kuaishou users watch more than 210 million skits per day, and the total user viewing time has reached 35 million hours.

Various dimensions of data are prosperous, but behind the data, the skit is still in the early stage of being “defined”. Whether the platform, producers, and actors can achieve unification of interests in this process determines how big the entire industry can ultimately be. .

“Kaishou Little Theater” page

“I want it to fire, but I also want it not to fire”

The most obvious advantage of the skit is undoubtedly the “short and fast”. Compared with TV series and movies with high investment and unstable income, the lower cost and faster feedback of skits are the main reasons why traditional film and television companies favor it.

At first, many companies made their first pot of gold in this blue ocean, but they were quickly hit. “When we started to do it in mid-2019, the cycle was very short, because it only needed to be reviewed by the platform, the production budget was also very cheap, and one episode could be controlled at 10,000 yuan.” Chen Ning told Sohu Technology, with the help of Douyin and Kuaishou. With the intervention of traditional video platforms, the budget of each video soared to 500,000 yuan in just two years.

Costs are rising, but the business path is still immature, and many companies that enter the game later have begun to wait and see.

At present, the business models of short dramas explored by all parties in the industry are mainly divided into three types: accounting, advertising and e-commerce.

First, let’s look at the relatively popular split-accounting model in recent years. Before the short drama, in 2015, iQiyi first launched the “net big share account”. At present, long video platforms have generally begun to use this commercialization method.

Different platforms have different accounting rules. iQiyi adopts content sharing, marketing sharing and advertising sharing, while Tencent Video and Youku only adopt content sharing. According to the effective viewing time of paying users, it is a kind of benign income model to make the big works of online drama and network directly face the C-end users, which will force the film party to be responsible for the quality of the content.

There have been many high-income cases in online drama splitting. In 2016, “The Demon Out of Changan” with a production cost of only 4.5 million made more than 20 million in revenue, and the return on investment ratio reached 1:4.5; in 2017, the revenue of “The Chef of the Flower Pot” has exceeded 72 million in two years.

Of course, as the industry passes through the initial stage of volume, the good days of relying on platform subsidies and account splitting will not last long. The producers of the skits asked by Sohu Technology all stated that “you can’t make much money by splitting the accounts.”

At present, both Kuaishou and Douyin have avoided discussing the proportion of revenue sharing. Previously, the person in charge of Kuaishou short drama pointed out to the media, “Because of the lack of subsequent monetization channels, long dramas can only rely on a mode of sharing accounts. The special form of the video allows it to be monetized even if there is no account split. The monetization mode other than the account split is rapidly completing the video, and the follow-up will become heavier and heavier.” From the attitude of the platform, it is difficult for the account split to become the main film party. Source of income.

The so-called “special form of short video” enables advertising customization and e-commerce to be applied more flexibly in the ecosystem.

For example, in terms of advertising, Kuaishou and Wanglaoji’s “Auspicious Theater” have launched two short dramas “Niu XIII” and “My Contract Boyfriend” with over 100 million broadcasts.

However, due to the unclear prospects of the short dramas, many advertisers are still cautious about the placement of most of the short dramas.

“Everything depends on whether there are customers who want to place an order.” An insider of Happy Twist told Sohu Technology that although the short drama is a new direction for Happy Twist, the internal promotion is very slow. On the one hand, the current production process of the short drama It’s not much easier than a long drama. On the other hand, it’s not easy to find content that meets customer needs. “Of course we want to make our own IP, but there is no content at the moment.”

Wang Yaou, general manager of Happy Twist Marketing Center, once said in an interview with Dongxi Cultural Entertainment: “The short play is very short, but how to balance the quality of the content and the commercial value of the brand is not easy at all. Moreover, this is a new field. How the content party and the platform party sign a commercial contract, how to determine the terms, how to sign, how to commercialize, how to share profits, there is no mature template, everything needs to be explored.”

From advertisers to producers, everyone is still experimenting on their own. Although there have been many excellent cases of customized advertising dramas, it remains to be seen whether advertisers will continue to launch them.

In addition to commercialization, film producers are also facing more and more difficulties in the production process.

The first to bear the brunt is the gradual lengthening of the cycle. “Timeliness is the number one advantage of the short drama. It was originally possible to make two dramas a month, but now that the supervision is involved, the time period from production to launch is hard to say.” Chen Ning said, when the short drama is the biggest After the time advantage is gradually compressed, the future space will not be particularly large.

Secondly, the “short, flat and fast” feature of the short drama has its own advantages, but correspondingly, this has also increased the pressure on the filmmakers to grasp the time window. “When we were making a short drama, we wanted it to be popular but also not to be popular,” Chen Ning described the mentality of the film party in this way, “If it is not popular, we can make new ones, but if it is popular, according to The time for the flow of the skit to ferment, you must keep up with the second one within half a month to take advantage of the heat, otherwise it will be cold after a month. Can this time-sensitive production team keep up?”

Finally, compared to web dramas and movies, short dramas are more centered on actors, that is, dramas serve people rather than people support dramas. From this perspective, Douyin Kuaishou’s skits are not based on “content” and rely on “content” to do business, but more for the purpose of “establishing people.” “One of the problems that this brings is that if the sequel is filmed, the core male and female actors must not be changed, and the actors may sit on the floor and raise the price.” Chen Ning said.

“Personal” business

The effect of “Establishing People” through the skit is remarkable. Take “Yuer” as an example. Its masterpiece “This Lord I Want to Return” has accumulated 350 million views in Kuaishou, and a single drama has gained more than 2 million fans; while Kuaishou’s first major short drama “This Male Lead Is A Little Cold” The heroine of “A Great Friend of Lu” also gained 5 million fans through the show.

The super strong ability to attract fans in a short period of time has made the skit more possibilities on the commercial link. “The Kuaishou skit itself still relies on the business model of the Kuaishou platform, so we will be more based on the commercialization of the entire platform to empower. We monitored part of the more interesting link is that the 5 million fans of “Yi Lu” directly In order to become a trusted fan of her e-commerce business, her GMV conversion of her e-commerce company has increased by about 60 times. This is a very surprising number. Therefore, our important direction in the second half of this year is to deeply integrate the short drama with the e-commerce company.” Kuaishou The person in charge of the skit said.

Chen Ning also believes that e-commerce will most likely become the main monetization method for skits in the future. “In fact, if MCN or individuals want to do Douyin or Kuaishou accounts, the initial investment in maintaining accounts is mainly to buy traffic and increase fans. The short drama is a way to reduce the initial investment time. For example, a drama is rated as A-level, and the platform gives 3000 With more than 10,000 traffic support, it may increase by 1 million fans in a short period of time, but if you raise your account to 1 million, it will take at least half a year to a year.”

In other words, the skit is more like a “medium” to increase fans. Through the story of the skit, users can follow the core actors to increase their stickiness. After the skit ends, the actors return to the anchor status and use private domain traffic to bring goods.

This can also explain why Kuaishou, which has stronger private domain traffic and a more complete e-commerce ecology, can be ahead of Douyin in the field of skits.

But hidden dangers also exist. From the perspective of content, the essence of skits is “net-sensing cool dramas”. This type of content has limited reputation and influence, and the quality of the content is directly proportional to the life cycle. This makes the skits have a short life cycle and requires continuous delivery of new points and new ideas. Stories to satisfy users. Therefore, the realization of the IP of a short drama itself cannot be extended into an ecology like a long film and television drama.

In response to this, the person in charge of the Kuaishou skit responded, “Under the environment of trial and error, the influence of a hit can last for a year. It is considered good. After all, it is related to the input-output ratio. The cost of brainpower is definitely not comparable to a short drama, and the influence of the former’s subsequent IP ecology will inevitably last for more than ten years.”

According to Kuaishou’s thinking, the skit is more suitable for tapping people’s IP value and people’s e-commerce.

In addition, for the artists, the short drama does provide them with a way out. For example, the vast majority of trainees who have not debuted on domestic talent shows, due to the lack of a comprehensive audition system in China, a large number of trainees lack opportunities to show up, and short plays provide them with a low-cost stage.

Faced with such a big cake, many traditional artist agency companies have come to an end one after another. For example, Jiaxing Media, which participated in the production of “Sansheng III Shili Peach Blossom”, launched its self-made short drama “The Other Half of Me and You” on Youku for the first time; Yin United produced a short drama “Don’t be afraid, fall in love!” “; Happy Twist has also reached cooperation with Kuaishou and Haojiao at the same time, and has output multiple skits.

Many people in the industry believe that although the number of micro-short dramas is often hundreds of millions, there are still no real works out of the circle, and there is no short video version of “Unexpectedly”. However, “whether or not it is out of the circle” seems to be irrelevant now. The role played by the film and television works incubated in the short video era has been rewritten, the tool attribute has come to the front, and the content itself has retreated to the second line. This may be the short drama in the present. The biggest change brought to the industry.

(At the request of the interviewee, Chen Ning is a pseudonym)

Ratings at a glance How creditworthy are which countries?

Status: 15.06.2021 01:05 p.m. Credit ratings from the major US rating agencies help determine the interest rates at which a state can borrow money. How do Moody’s, Fitch and Standard & Poor’s rate the creditworthiness of the countries in the eurozone and other countries? Who gets the top grade, the “Triple-A”? An overview of the current credit ratings from Belgium to Cyprus.

Source: rating agencies / as of June 15, 2021

Source: rating agencies / as of June 15, 2021

background 07/14/2011

On May 23, the first in-flight wedding was held in the business class of an ANA plane for Toru and Mami Murakami, a Tokyo couple. The wedding was attended by a pilot, some of the airline’s flight attendants and a few guests to witness the special moment. The pilot holds up the marriage certificate of Toru and Mami Murakami. Photo: ANA. During the wedding, the airline will provide a band, accompanied by a message from the crew to celebrate the happy day and special lighting system that projects the image of the galaxy on the ceiling of the passenger compartment. ANA said the price for the in-flight wedding service was 1.56 million yen ($14,200), combined with the party held in the airport lobby for 3 million yen ($27,338). The wedding ceremony is limited to a maximum of 30 people. Before knowing about the wedding service on the plane, this couple planned not to hold the wedding, just taking a few photos to celebrate the big day. “I signed up immediately, because it would be a wonderful memory and we both love flying. There was a time when I thought it would be impossible to get married during the escalating epidemic situation, but in the end I was very happy. satisfied with his wedding ceremony,” said groom Toru. Before that, the airline had unique campaigns to attract the attention of the soon-to-be-married couples. Although the months of May and June are considered “wedding season”, many people have to limit the organization of mass gatherings to prevent the Covid-19 epidemic. Most weddings are affected by the ban on serving alcohol at party venues. In an effort to reduce the damage caused by the pandemic, ANA used to offer domestic tours by Airbus A380 aircraft. Each flight lasts 3.5 hours, passengers are served meals.

Text | Chinese Business Strategies by Wu Su

In the Chinese food arena, Wang Shouyi’s thirteen incense and Lao Ganma are household names, and countless people have used them since childhood, and they can be called “national grandpa” and “national grandma” brands.

Both were once beautiful.

As early as 1998, the annual income of Wang Shouyi’s thirteen incense reached 400 million yuan, relying on “composite seasonings” to build a huge condiment business empire.

Laoganma is even more synonymous with hot sauce. There is no marketing, no financing, no loans, no listing, only with unique taste and low price, the market coverage rate in all parts of the country is as high as 90%, and even exported to foreign countries. Wherever there is, there is an old godmother.”

In 2019, Laoganma’s annual sales exceeded 5 billion yuan, a year-on-year increase of 14.43%, a record high.

It seems that these two national brands still have a huge consumer market, but in fact, due to domestic and foreign difficulties, their sense of existence is getting weaker and weaker.

First of all, the younger generations feel that it is too slow to make money from selling spices and hot sauces, and they can’t sit on the “cold bench”, trying to make quick money from the real estate market, but they are all killed.

Wang Taibai, the grandson of Wang Shouyi, who held tens of millions in cash at the age of 20, was the “successor” that the second-generation leader once deliberately cultivated. He hoarded dozens of properties in the UK, but he did not expect to encounter the financial crisis and almost lost everything. Property, only relying on the family to “assistance” can get through the difficulties.

Similarly, Lao Ganma Tao Huabi’s eldest son Li Guishan Nuggets Real Estate, also touched his nose.

The real estate company of which Li Guishan is the second shareholder develops a real estate, but it has been unable to accept it due to construction problems, project balance problems, etc., and is involved in a lawsuit. In addition, this company suffered serious losses. From 2013 to 2017, it had a total debt of 950 million yuan. It frequently appeared on the list of untrustworthy executors and was involved in nearly a hundred judicial cases.

In addition to the huge resource loss caused by cross-border, the hunting of copycat products has also reduced the influence of Wang Shouyi Shisanxiang and Lao Ganma.

In the field of compound seasonings, the “fifteen incense” and “eighteen incense” have sprung up like bamboo shoots after the rain, and they have fought guerrilla warfare with the “genuine products”. To this day, in some cities, these “li ghosts” sell more than the “genuine products” it is good.

Lao Gan Ma was also troubled by copycats and had to apply for registration of trademarks such as “Lao Gan Da”, “Lao Gan Da”, “Lao Qian Ma” and “Lao Shi Ma”.

Outside of the cottage, the “encirclement and suppression” of competitors made it even more difficult for them to resist.

Totole, Yihai International, which provides the base material for Haidilao, and Zhongjing Food, which uses mushroom sauce to beat the world, are all accelerating their attack on the city. Wang Shouyi’s thirteen incense is particularly silent.

Lao Gan Ma was chased by Lee Kum Kee and Spice Girls, and online marketing was relatively weak. At the beginning of the year, the media compared the hot sauce data with the highest monthly sales in each brand’s flagship store. The hot sauce brand “Fan Ye” founded by singer Lin Yilun had five times more than Lao Ganma.

Unfavorable factors are superimposed, Wang Shouyi Shisanxiang and Lao Ganma no longer have the style of the former leaders, but this also forces them to think about changes, and new growth points may be bred in them.

——END——

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Understanding customers’ thoughts, Delution’s architects creatively designed a tube house with 2 mezzanines. Help the house to receive a lot of sunlight and good air circulation so that you can save energy from lights and air conditioners without spending too much. Specifically, the 6m wide tube house is located in a densely populated residential area in Tebet, Jakarta Selatan. Homeowners want architects to be able to create many small rooms in the house and later when conditions permit, they can still build higher without affecting the original structure. At the same time, the owner wants this house to have 3 floors but if viewed from the front, it has only 2 floors and is on par with other houses in the area. Therefore, the architects decided to divide the height of the floor, one floor of this house is only half the height of ordinary houses and will call this mezzanine. Each mezzanine will be built and designed to suit the requirements and pocket of the owner. From the first mezzanine to the last mezzanine is connected by a large space, which provides natural light and air to the house. Between the spaces are wooden stairs, the main way in the house; also family members can interact and talk directly from different floors without having to raise their voice. In addition to the indoor space, the architects also made a 1-meter-wide corridor running along the house from front to back to get light and natural air sources because the indoor space has glass doors installed on the ceiling. This hallway is also the place to place the water pump, bicycle, outdoor equipment and also the second entrance to the home. The house is installed with transparent glass on the ceiling to get the light source and the hallway is a resource for the house to always be naturally ventilated. The architects also installed many drainage systems in the house premises to prevent water from entering the house when it rains because the floor of the house is lower than the street level. In the house, on the first mezzanine floor is an integrated kitchen and dining room. To avoid limited space, the dining table is made in a folding style so that it can be expanded if needed. The wooden dining table can be opened and folded to expand the space. The folding table can be unfolded as needed for mobility with limited space. The kitchen and dining room on the first mezzanine floor can be seen through the bottom glass under the second mezzanine façade, so the people on the first mezzanine can see if anyone has come to the house. Each floor of the house is about the same height as a regular mezzanine. For the front area of ​​the house, the architect made the upper half of the house protrude 2.5m so that the first floor serves as a parking space and outdoor seating space. On the second floor, using a large curtained glass panel on the façade as the main bathroom, it also becomes an interesting facade element. The courtyard in front of the house. The bedroom space uses elegant and elegant white colors. The bottom glass panel at the foot of the first floor facade helps people inside the house to know if someone is outside without having to open the door. 1st floor design (1: Garden;

Biden has been yelling “The United States is back” recently, in an attempt to reshape the leadership of the United States among allies. Therefore, he is embarrassed to ignore the cry of allies or partners. Although the new crown vaccine in the United States cannot be given, other aspects can also soothe Ukraine’s injured heart.

The US Pentagon recently announced that it will provide Ukraine with US$150 million in military aid. In addition, according to Guangming.com, Ukrainian Foreign Minister Kuleba revealed in an interview with the media that President Zelensky of the country will visit the United States at the end of July and hold a meeting with U.S. President Biden.

Earlier this month, Biden formally invited Zelensky to visit the United States during a telephone meeting. Kuleba also stated: “Because of the extensive agenda between the United States and Ukraine, Zelensky will lead a large delegation to visit the United States by then.” This is enough to show that Biden has given Zelensky enough face this time.

Obviously, Biden is really different from Trump. He is purely a political veteran. Knowing that Zelensky has been crippled by the United States and Europe one after another, it must be uncomfortable now. Therefore, Biden sent two carrots to Ukraine in succession, hoping to quell the grievances in the hearts of the Ukrainian authorities. After all, people have long been acting as American anti-Russian cannon fodder, and the price they have to bear is heavy enough.

It stands to reason that Biden threw two carrots to the Kiev authorities one after another, and the Kiev authorities should be happy at this time. Who would have thought that after receiving Biden’s “compensation”, instead of being happy about it, the Kiev authorities would cry even more miserably.

On the 11th local time, Vitrenko, chairman of the board of directors of the Ukrainian oil and gas company, said in an interview with Bloomberg that the completion and commissioning of the Beixi-2 project may lead to the outbreak of a full-scale war. He believes that the worst situation caused by the Beixi-2 project is not just to reduce Ukraine’s billions of dollars in revenue each year, but more importantly, it will mean the outbreak of an all-out war in Europe.

The war argument provided by Vitrenko is that the gas supply facility through the Beixi-1 pipeline in Ukraine is a tool to prevent Russia from launching a war against Ukraine. If the Beixi-2 project is completed, Russia will no longer be constrained by Ukraine when it comes to exporting natural gas to Europe. By then, if Russia wants a military invasion, Ukraine will not have the capital to prevent Russia from launching a war.

In fact, Vitrenko is not suffering from fantasy obsessive-compulsive disorder, nor is there any sign of Russia’s invasion of Ukraine. He is just using the “outbreak of total war” as a gimmick, trying to give the United States a rhythm to stop the Beixi-2 project, hoping to use Biden’s hands to destroy the project. Therefore, Vitrenko added: If the United States abandons its pressure on Beixi-2, it may have a negative impact on many pro-Western countries in Eastern Europe, including Ukraine.

In the final analysis, Vitrenko linked the Beixi-2 project to the outbreak of the full-scale war, positioning it as a major factor that “undermines European security and stability.” Vitrenko’s move. It is putting pressure on Biden in another way to pave the way for Zelensky’s visit to the United States at the end of July to persuade Biden to destroy the Beixi-2 project.

However, Ukraine clearly overestimates its position in the United States. In fact, don’t think that if Biden gave two carrots to Kiev, he can push his nose and give guidance to the United States on the Beixi-2 project and even the issue of US-Russian relations. That is wishful thinking.

In fact, with regard to Ukraine’s interests, it is the United States and Russia that really have the final say. Ukraine is at best a pawn in the game of great powers. In the end, whether it can continue to eat food for it, or prevent it from continuing to survive, is the United States. Russia has the final say, not Zelensky or his successor.

Minister of Information and Communications Nguyen Manh Hung. Speaking at the online conference on state management in the second quarter of 2021 held recently by the Ministry of Information and Communications, Minister Nguyen Manh Hung emphasized the need to clean up cyberspace. The head of the Ministry of Information and Communications noted that localities, ministries and branches must closely monitor and make the cyberspace in their localities and their industries clean and healthy. “In the real world we have been doing pretty well, we have to do the same thing in the digital world,” Hung said. The leader of the Ministry of Information and Communications also pointed out the fact that many ministries, branches, localities and some Departments of Information and Communications have not actively participated in cleaning up cyberspace. Cyberspace is the space of all fields, all ministries, branches and localities, it is not the space of the information and communication industry. “Many gaps exist in cyberspace and are being exploited. A lot of individuals and organizations are being hurt in cyberspace and this ‘pain’ is the first responsibility, first of all, of the Ministry of Information and Communications. “, said Minister Nguyen Manh Hung. Affirming the responsibility of the Ministry of Information and Communications to maintain the health of this new space, the Minister assigned Deputy Minister Hoang Vinh Bao and Deputy Minister Nguyen Huy Dung to discuss with each other so that this July, they will issue instructions on how to do and necessary tools to ensure the health of the entire country’s cyberspace, promulgating documents related to other ministries, branches, localities and other fields. Minister Nguyen Manh Hung requested that one of the things that needs to be done immediately to ensure the health of cyberspace is the movement of individuals, businesses, and organizations… to clean platforms. The Ministry of Information and Communications has to do the task of evaluating and announcing clean platforms. Departments and departments in charge of any field will set evaluation criteria and announce clean platforms in their fields. “The press and media system of the whole country must actively propagate and propagate daily so that people, organizations and businesses move to a healthier environment. Although we are late, we must strongly clean up the living environment in cyberspace and don’t leave it too late,” the Minister emphasized. Regarding the issue of “telecommunications garbage”, at this meeting, Minister Nguyen Manh Hung assigned Deputy Minister Phan Tam to take the strongest measures to thoroughly handle in 2021 the problem of junk SIM, news Spam messages, spam calls… “Mobile phone numbers will be used as digital identifiers, user identifiers on social platforms, mobile money payments, so the phone number must be correctly identified,” Minister Nguyen Manh Hung pointed out. religion.

In the past few years, if you want to talk to the bank manager that the interest must be a large deposit certificate, your deposit must be more than 300,000 yuan, but now it has changed. Many banks have adjusted this situation and reduced it. Starting from June 2015, the central bank has issued a threshold of 300,000 yuan for personal deposits and 10 million yuan for corporate deposits. In June 2016, the central bank changed the threshold for personal deposits to 200,000 yuan, which is appropriate. Mediation, but the two are inseparable, and the amount of profit enjoyed is still based on the principle of multiple deposits.

Then why is the bank so good and will give you such a high interest rate? In fact, from the perspective of the bank, the increase in deposits also means the expansion of the bank’s scale and the increase of profits. In this way, a cycle is formed, and the certificate of deposit with a larger amount becomes a very important business of the bank.

In order to attract more customers to deposit money in banks, many banks are also making various “big losses”. Some banks have adjusted the interest rate of large deposit certificates to 30%, and some even reached 50%-60%. However, it is estimated that such a large gain is unrealistic without depositing it in the bank for decades. Therefore, in order to realize the real “money making money”, one must look at the large deposit certificate. You can look at a few more banks, and then compare it with The bank manager negotiates how to achieve the highest interest rate.

However, someone inside the bank revealed that if the interest rate is relatively low, you can negotiate the highest interest rate with the bank, or you can go to some small banks. They usually require deposits to settle in, and then give you a higher interest rate return. In this case, If we have 200,000 spare cash in our hands, why should we choose large deposits instead of fixed deposits?

The first reason is that the interest rate of large deposits is very high. In the same bank, the interest rate of large deposit certificates is definitely higher than the interest rate of fixed deposits. According to the standards of relevant departments, the highest rate of increase of ordinary fixed deposits is basically 30%. However, the highest interest rate for large deposit certificates is around 50%, so the gap is not small.

The second reason is that large deposit certificates can be transferred, and interest can be recorded and calculated. We all know that if there is a sudden need for money during the deposit period, then all interest will be lost, but the large deposit certificate will not. If you need money urgently, you can transfer the deposit certificate to others at a low price. The last two people can also win.

Even if you don’t want to resell, you can still enjoy deposit interest. Ordinary time deposits take a long time to get the interest, but if you have a large deposit certificate in your hand, even if you are not full, you can still get the corresponding part. For example, if you deposit for 2 years, but you still have 2 Within months, the interest on fixed deposits will cease to exist. However, a large deposit certificate can be charged for one and a half years of interest, and it can also be received. I have to say that this design is very user-friendly.

Everyone knows the last type of deposit. Nowadays, banks have six options for fixed deposits: three months, six months, one year, two years, three years, and five years. The certificate of deposit is increased according to these three types: one month, nine months and eighteen months. On the surface, there is basically no change. In fact, it has brought us more intangible benefits, so we must choose the correct method and amount of deposit! If you have 200,000 spare cash, which deposit method would you choose? What is your different view on this?

What does Destiny bring in your wallet to attract the god of wealth? The wallet is our embodiment and acts as a treasury, both helping the owner to store money and also helping to activate the fortune and prosperity of the Kim destiny. So this person should put something in the wallet to be taken care of and bestowed by the god of fortune. According to the theory of the five elements, Earth gives birth to Kim. Earth represents the earth, so anyone with a par Kim should carry a small packet of soil with them. You can also choose a compact bracelet or a small item like a ceramic bead in your wallet because ceramic is made from earth, so it also supports the destiny, helping the owner of the Kim destiny to promote prosperity and fortune. Bring good luck and bring fortune to yourself and your family. In case you bring the land with you, of course, you don’t have to bring the whole piece of land, choose to pick up some clean dry sand and put it in a small bag of your choice of color (preferably the white of your destiny) and let it be. in your wallet or if you don’t have a wallet, take it with you. This will bring unexpected fortunes that make the person destined for Kim always rich in fortune. Feng shui plants suitable for people destined for Kim Based on the color of the tree to choose. Kim represents metal, so the destiny color of Kim par is white and gold. Some of the most suitable ornamental plants for people with par Kim are: Money Tree Characteristic of the leaves growing alternately but with a pre-arranged arrangement. The branches look like ancient coins. Even the name money money has shown the tree that symbolizes money and wealth. It is said that this species of tree that is suitable for this par Kim will give the owner, do business and prosper, he will receive heaven and money like water. Not only is the bonsai suitable for par Kim, but the money tree is also chosen by many people thanks to its meaning. It can be seen in every small shop that the owner often places this potted plant near the cashier counter or the entrance. Depending on the intended use, you can choose the appropriate one. Normally, if used in a business place, you should choose a tall tree with many leaves. And if you work in an office, a beautiful small pot will be a wise choice. Orchid tree Has green leaves year round, white flowers with open shell or heart shaped leaves. The white color of the Ylang Ylang tree helps to complement the Kim destiny very well. The first effect of the orchid plant is to absorb solar radiation, infrared rays or electromagnetic waves from electronic devices in the house. Besides, trees also help to balance the air field, regulate and absorb other additional energy sources in the house to help homeowners have a harmonious and peaceful living space. Orchid can help people with Kim destiny avoid bad luck, mediate conflicts in the family. The person who grows this plant will have a peaceful and harmonious life as a wonderful combination of leaves and flowers. If you belong to the par Kim and want a fresh living space with lots of luck, prosperity, and everything you want, don’t ignore this bonsai. Golden betel nut tree It is a vines, with heart-shaped yellow-green leaves, mo-shaped flowers and short stalks. Plants live in both soil and aquatic environments. A tree that thrives even in the harshest of circumstances is a symbol of energy and strong will. Those destined for Kim who plant Golden Betel nut trees will have more luck and fortune, and at the same time, the rapid bushy growth of the tree represents the path of fortune to quickly proliferate. Owners destined to plant this tree will be energized and determined to assert themselves to develop and advance in work and life. The tree can also represent the authority of the owner. Princes prince It has a white stem, broad leaves with a smooth green color, and transparent veins. This is a plant that can live in low light conditions such as fluorescent lights, is drought tolerant, so it does not need to be watered too much, just once a week is enough. Bach Ma Prince Tree has the ability to help homeowners advance quickly at work, everything goes smoothly, very suitable for those destined for Kim who want to be high in work such as leaders, department heads. * Information for reference and contemplation.

Exfoliate dead skin on lips Exfoliating the lips has become an indispensable process in the skin care process. However, you will not need to spend a lot of money, if you know this little care tip: Method: Mix a teaspoon of brown sugar, a teaspoon of honey and a few drops of lavender essential oil in a small bowl. Mix the ingredients well and apply the mixture on your lips. Massage your lips in a circular motion for two minutes and rinse with warm water. What it does: Raw honey helps brighten lips, brown sugar acts as a natural exfoliator, and lavender oil nourishes lips. Exfoliate dead skin on face Facial skin is a sensitive area that needs a lot of attention, and using harsh exfoliants can cause problems. So try a natural exfoliator made with ingredients easily available in the kitchen. The natural enzymes in these ingredients will heal your skin naturally. Method: Mix two tablespoons of ground oatmeal and one tablespoon of honey, mix well with one tablespoon of warm water. Apply the mixture on your face and massage gently for 1 minute. Keep the mixture on your face for a few minutes and then wash it off. Hair mask Hair masks are hair care products that add intensive hair nutrients to the hair cuticle. It is also a quick and effective way to promote hair growth and give you shiny hair. However, these products are often quite expensive and you should think about natural methods. Method: Mix one teaspoon of honey, one egg and one tablespoon of apple cider vinegar. You can increase or decrease the amount depending on the strength of your hair. Keep it for 30 minutes and wash it off. All these ingredients will hydrate your scalp and provide nourishment, as well as make your hair shinier. Full body exfoliation Exfoliating the skin and body with products containing caffeine has been quite popular over the past few years. While it’s unclear if this treatment will bring about a miraculous change in the skin, one thing is for sure, it improves blood circulation, giving a radiant effect to the skin. However, what makes many people wonder is their price and why you can’t try a natural version of the exfoliator. Method: Mix half a cup of ground coffee, half a cup of brown sugar, the same amount of coconut oil and a teaspoon of vanilla extract. After the ingredients are completely combined, apply the mixture gently to the skin. Avoid sensitive areas. Dry shampoo Dry shampoo is an easy way to tackle greasy hair. However, the chemicals contained in these products can be “adversely beneficial”. So try using a natural, non-toxic version of dry shampoo that is easy to make and, above all, delivers results that exceed expectations without cost: How to make: You will need corn starch, cocoa powder, essential oils and a little activated charcoal (optional). Do not use too much essential oil in the mixture because the mixture needs to be dry. And all you need to do is use a kabuki brush or your fingers to apply the product to your hair. Note: Test for allergies before using these ingredients.

Airline in crisis Lufthansa wants to get rid of state influence

Status: 15.06.2021 9.45 a.m.

The largest German airline wants to raise additional money on the capital market for its realignment. In doing so, the group is trying to reduce the federal government’s ability to influence as quickly as possible. Lufthansa has initiated its planned capital increase. According to a mandatory announcement yesterday evening, the aviation group mandated four banks to implement the measure. However, according to the announcement “The Management Board and the Supervisory Board have not yet made a decision on the scope and timing of a possible capital increase”. Companies raise capital by issuing additional shares; the shares of the existing shareholders are thus diluted. The company is now implementing the approval of the shareholders received at the general meeting in May. The airline is allowed to raise up to 5.5 billion euros in fresh capital on the capital market. According to media reports, the management initially only wants to mobilize around three billion euros in order to push ahead with the restructuring of the company.

Exclusive 06/01/2021

Billion dollar rescue package

Lufthansa also wants to reduce the influence of the state through the capital increase. Lufthansa was in dire straits due to the Corona crisis and had to be supported by Germany and its other locations with a financial framework of nine billion euros. Germany accounted for a total of 6.8 billion euros of the state rescue package for Lufthansa. However, the airline group only made use of around two billion euros of the guaranteed funds. Half of this has already been repaid with the money from new bonds, so that Lufthansa currently owes the state around one billion euros. A capital increase of three billion euros would enable the company to repay this amount earlier than previously planned. The state would then soon have to sell its block of shares, for which it paid around 300 million euros.

Group wants to drastically reduce costs

With the withdrawal of the state participation, Lufthansa would have more leeway again. Because in return for state aid, the company has to adhere to various conditions: for example, a ban on paying dividends to shareholders or distributing interest to bond owners. Bonus payments to managers are also not yet possible. So far, the plan was not to pay off the state aid until 2023. Even drastic cost savings are probably easier to implement without government influence. According to earlier information, Lufthansa wants to reduce the number of employees in Germany by another 10,000 to 100,000. To this end, Lufthansa wants to lower tariff standards, encourage employees to leave the company voluntarily, but also issue redundancies for operational reasons. The unions had already made concessions in the Corona crisis, but recently accused Lufthansa of evading tariffs.

The approval of the state fund is still pending

The federal government’s economic stabilization fund (WSF), which has a 20 percent stake in Lufthansa, is expected to participate in the capital increase – but without spending additional taxpayers’ money on it. The WSF still has to approve the plan, said Lufthansa. The Corona financial aid fund wants to participate in the capital increase with a so-called “Operation Blanche”. A shareholder sells part of his subscription rights for the new shares in order to exercise the remaining subscription rights with the proceeds. No additional tax revenue is required for this transaction. The MDAX company also announced a new profit target for 2024 in the evening. By then, experts estimate that aviation should return to pre-crisis levels. The adjusted operating margin, i.e. the ratio of operating profit to sales, should then reach at least eight percent, and the return on investment should be at least ten percent.

The Sultan of Brunei is one of the richest people on the planet. The Sultan of Brunei Haji Hassanal Bolkiah is willing to spend about 535 million VND for a haircut. A barber from London, England named Ken Modestou specializes in being invited to cut the hair of this monarch. The amazing thing is that the worker still lives in the UK, was flown to Brunei by private jet just to get a haircut and the Sultan of Brunei also paid for the move. Gold shirt costs more than 5 billion Datta Phuge wears a pure gold shirt. An Indian businessman and billionaire named Datta Phuge ordered a gold shirt for himself in 2012. Such a shirt costs 240,000 USD (more than 5.5 billion VND). This shirt is made of 22 carat gold and took 3 years to sew. The shirt was designed by jewelry designer Tejpal Ranka in the city of Pune, India. 16 artisans were recruited by Tejpal just to assemble the pieces of the shirt within 15 days. Not only that, the designer also hand-made a belt to match the gold shirt. Guinness World Records has also recognized this as the most expensive shirt in the world. Engraved giant name so that it can be seen from… the Moon The name of the Arab billionaire can be seen from the Moon. A billionaire named Sheikh Hamad Bin Hamdan Al Nahyan bought an island in the city of Abu Dhabi, Saudi Arabia with the desire to carve his name on the island. The special thing is that the name is engraved so large that it is said to be visible from the Moon. It was created by digging deep into the earth and letting seawater flow in. Buy an old book for more than… 700 billion dong The book is “worth a thousand gold” by Leonardo da Vinci. Billionaire Bill Gates, the founder of Microsoft Corporation, rarely spends lavishly, but he spent 30.8 million USD (more than 709 billion VND) to buy an old book. It is a book by the famous painter Leonardo da Vinci called Codex Leicester. (According to Natinol/Dan Tri)

Maybe it was counted from when Zhao Lei’s “Chengdu” became popular across the country, or it was counted when countless people’s hearts were turned into pandas live on iPanda, or they were greeted by people walking around on the screen. Counting from the time of drooling…In short, Chengdu has been very popular in recent years! More and more people have included Chengdu as a destination for their travel and settlement. Especially in the tourism sector, Chengdu’s scenic spots, food, etc. often appear in the ranks of “hot” and “net celebrities”, and have received great attention from tourists. As one of the top ten most popular cities in my country during the May 1st Golden Week this year, Chengdu has increased by two to three times year-on-year in both tourist reception and total tourism revenue. Especially in terms of tourism per capita consumption, it has surpassed Beijing, Shanghai, Guangzhou, Shenzhen, and other cities this year. Sanya, the most expensive island resort, is truly “expensive” and “hot”. So what are the charms of Chengdu that make everyone so fascinated by it? Chengdu has been known as the “land of abundance” since ancient times. It not only has cozy time, but also has a warm atmosphere, rich cuisine, and cute and cute giant pandas… In the People’s Park, a group of people strolling in the courtyard, or laughing and laughing. , Or chat and taste tea, there is no urban eagerness and work troubles, but the leisure and comfort of a slow life. In the Giant Panda Breeding Research Base, the chubby, chubby giant pandas can kill countless people with every action, especially the moment you see the baby panda, I believe that if the environment does not allow it, you will yell out of joy. . If you want to experience the “historical complex” from Chengdu, you can also go to Wuhou Temple. It is the only ancestral temple in China where monarchs and ministers are worshipped together, and it is also the most influential Three Kingdoms Relic Museum in the country. The ancient fragrance of history is everywhere here, especially the red walls that have spread all over the Internet, and it is the holy place for today’s Internet celebrities to check in, so that countless friends who love to take pictures can’t stop. Jinli, separated by a wall from Wuhou Temple, is known as the most “grounded” and “most Chengdu” place in Chengdu. It complements Wuhou Temple and solidifies the influence of the Three Kingdoms culture into a living folk market. “Chengdu Edition Qingming Shanghe Map”. The antique Kuanzhai Alley, although it is only three parallel alleys of Kuan Alley, Narrow Alley, and Jing Alley, here is a collection of old-fashioned buildings from the late Qing Dynasty and the early Republic of China, as well as the early Western-style buildings. Feel the local customs of old Chengdu. Of course, Chengdu not only has historical streets and ancestral halls, but also a fashionable and beautiful trend paradise. Taikoo Li is a new landmark in Chengdu and a gathering place for countless trendy street shots. High-end brands and fashionable men and women are really the best place to make “blockbuster films” and grab “hands”. In addition, there is Dujiangyan, the oldest and the only grand water conservancy project in the world, which is characterized by damless water diversion. After seeing it, you will not only be in awe of nature, but also amazed by the wisdom of the ancients. . Of course, in addition to being fun, Chengdu is also very “delicious”. I believe that many friends who go to Chengdu will find it hard to hide the heart of “foodie”. As a world-famous food capital, almost every inconspicuous old street and alley has authentic Chengdu cuisine. Spicy rabbit head, which is so admirable, is a delicious snack for Chengdu people, and you can see it in almost all streets and alleys. Bobo chicken is a typical representative of Chengdu snacks. The large amount of ingredients and the spicy and attractive sauce give people a kind of pleasure that is different from barbecue. As one of the must-eat delicacies in Chengdu, Dandan noodles are spicy and delicious, and it has been named “China’s Top Ten Famous Noodles”. There is also the sweet water noodles mixed with red oil and white sugar. It looks prohibitive, but the entrance is strong and smooth, and the taste is delicious, which is deeply loved by the people of Chengdu.

As a company that has been focusing on investments in the new economy for a long time, Hanergy has created a number of successful classic cases in the past, helping many companies to rapidly grow into industry leaders. In addition to JD Logistics recently, the direct recruitment of BOSS, which was just listed in the United States on the evening of June 11, has also brought huge returns to Hanergy’s investment. Chen Hong said: “Investment in direct recruitment of BOSS has earned about a dozen times.”

“Internet celebrity” products may just be a gust of wind

Chen Hong, Chairman and CEO of Hanergy Investment Group.Photo by Xue Yufei, Sino-Singapore Jingwei

As a well-known figure in the investment banking circle, Chen Hong’s entrepreneurial history began in the United States on the other side of the ocean. He started his business in Silicon Valley in 1993. In 1999, he led the founded GRIC company to land on Nasdaq. One of the Chinese entrepreneurs who led the company to go public.

In 2003, he chose to return to China to start his own business and set up the Hanergy Investment Group. Over the years, the company has invested in and participated in mergers and acquisitions of many well-known companies. For example, in the merger of 58.com and Ganji.com, Hanergy acted as the exclusive financial advisor to Ganji.com, helping it sort out the complicated shareholder background and corporate structure, and facilitate the smooth completion of the transaction; in 2011, Hanergy invested in Chinese Online, the latter of which It was listed in January 2015 and became China’s “first share of digital publishing”. Hanergy’s total investment return on Chinese online shares reached 12.34 times, with an IRR of 79%.

Currently, Hanergy focuses on investments in the Internet economy, technology, consumer and medical fields. He told the Sino-Singapore Jingwei Client: “Invest in China’s new economic industries, choose and hold those scarce resources that have good growth potential. You can withdraw part of it when you need a return, and hold the rest for a long time. In the end, the return will definitely follow. Grow with economic development.”

In 2018, Hanergy invested in JD Logistics because of its new economic attributes. Chen Hong said that JD Logistics is not a traditional logistics company. It has a strong sense of science and technology. It has many of its own things and its service quality is higher than that of its peers. JD Logistics is relatively independent, serving both JD Group and other e-commerce companies. “The scale of e-commerce companies is growing rapidly. There are always a few leading companies, so I invested.”

Speaking of the recent changes in investment trends in the Internet field, he said that since the high-speed growth period has passed, “many Internet companies may not have much growth in their daily activities.” This has led to fewer Internet-related investment opportunities than in the past, but there are still some areas that are relatively hot.

The first thing worth paying attention to is the field of corporate services. Chen Hong believes that China’s To B service enters the development period, and there will be the emergence of leading companies, and there will be growth opportunities. The unicorn that Hanergy has just invested in has a turnover of several hundred million yuan, but its market valuation has reached tens of billions of dollars.

Followed by the medical services and biotechnology industries. He estimated that based on China’s huge population base, there may be one or two medical companies with a market value of hundreds of billions or even trillions in the past two years.

In the past, new consumer areas that VCs were not interested in have also undergone many changes. For example, consumer brands such as Heytea, Bubble Mart, and Yuanqi Forest have emerged rapidly and have become popular “net celebrity” products. Chen Hong believes that this sends a signal, “As China becomes more powerful, consumers, especially young people, will gradually like domestic consumer brands.”

However, he also reminded that in the new consumer field, if a company only relies on a “net celebrity” product to make money, it is likely to be a gust of wind, and after a while, it will quickly disappear. In the past, there were a lot of similar “net celebrity” products. He also said: “If the management team has the ability to grasp a favorable market position when they are pushed up by others, and can provide more related products in their value ecosystem, they may survive. But this is not the case. Every entrepreneur can play it.”

In addition, Hanergy is also looking at areas related to “carbon neutrality”, such as new energy batteries, new infrastructure, and electric vehicles.

Investing in startups fancy the founding team

Each venture capital and investment bank has its own investment style. For Hanergy Investment, Chen Hong introduced that Hanergy will generally make a controlling acquisition of the target company with strategic investors. After the holding is achieved, it will use its resources and platforms. Empower the target company to help the company grow. This is also a common style of play between KKR and Blackstone in the world.

In 2005, Chen Hong and his partners made a huge return on their investment in Elevator Advertiser Frame Media, and later entered the Harvard Business School textbook as a case study. The business model of elevator advertising still exists today, and its positioning characteristics are conducive to precision marketing. However, at that time, the market share of elevator advertising was very scattered.

He recalled: “At that time, the company we first invested in had a turnover of 30 million yuan, and the company was insolvent. We went in and held holdings first. Within a few months, we integrated seven or eight companies that do elevator advertising in first-tier cities. Quickly occupy 70% of this market segment.”

Chen Hong said that the benefits of integrating this sub-industry are twofold. First of all, each company does not have to fight price wars, and the competition is smaller. Secondly, as the scale becomes larger and the company’s negotiation ability becomes better, the amount of an order negotiated by an advertising salesperson may change from 500,000 yuan to 10 million yuan. After Frame Media achieved rapid growth, Hanergy assisted in the completion of Focus Media’s acquisition of Frame Media as an exclusive financial advisor. Hanergy’s overall return on investment reached 93 times.

Hanergy Investment has its own criteria for the choice of specific companies. He mentioned that, firstly, it depends on whether the company has the ability to increase its own safety and use its existing market position to continuously innovate to resist risks; secondly, it depends on whether the company can lay a solid foundation in its business field.

He also said that Hanergy will not invest in companies that diversify prematurely. When an enterprise is satisfied with its current market position and intervenes in an industry that it is not good at, it may cause funds to be dispersed and ultimately fail.

In the venture capital circle, there has always been a saying that “investing money is also investing in people”, that is, the quality of the founder and founding team is fancy. Chen Hong also agreed with this statement. He jokingly said, “For start-up companies, this is the only stage that can be seen.”

Hanergy has invested in a start-up company that uses artificial intelligence to detect human breast cancer, lung cancer and other diseases. The research team basically graduated from Peking University with strong professional and technical capabilities. “We believe that with the increase of big data, artificial intelligence will be used to solve some medical problems in the future. In this field, there are many companies that are much larger than this company, but we are very knowledgeable about the technology of the company’s founding team. I admire it very much. The CEO was in charge of China’s medical business at Siemens. It’s very comfortable to talk about. We feel that the company’s people and technology are good, but it’s almost capital and channels. Hanergy was the first to invest. It became the largest shareholder and introduced the business to this company,” he said.

“Put money in” is the real challenge

Chen Hong has always had an external view that the venture capital industry is becoming more and more concentrated, and the Matthew effect is becoming more and more obvious. He also told the Sino-Singapore Jingwei Client: “Large mainstream investment companies have increasingly their own style. You have no style and it is difficult to invest in good projects. The first one is unlikely to give you this opportunity, and the second One is that you can indeed look for companies that no one is optimistic about to invest in, but there are very few opportunities to miss.”

He went on to say that more than a decade ago, it seemed that any person or company could be an investment fund. Now it is not. Investment has become more and more professional. How to systematically invest and get returns is very critical. In the future market, there will not be so many VC and PE funds.

Looking at China’s fast-growing new economic industry, there are many investment opportunities. In each industry, one or several leading companies will emerge to become future leaders. An excellent investment team must first find potential entrepreneurs. However, the biggest challenge is not here. Chen Hong said that smart people can see what a good industry and a good company are, but after finding a company, investment institutions must meet the core demands of entrepreneurs before they can invest funds. This is a real challenge to investors.

Investing in a company is a two-way choice. It is both an investment bank and an investment bank. He said: “When a company accepts investment from an investment bank, it will also look at the reputation of the investment bank and whether it can add points to the company. In addition to capital, whether it can give more empowerment to other external resources.”

For example, he said, some companies may want to connect with Internet companies to seek traffic, and non-head funds do not have much effect in this regard. And this is where Hanergy’s advantage lies. Hanergy has participated in the mergers and acquisitions of about a quarter of large-scale new economy companies in China, and has cooperated with companies such as Tencent, Alibaba, Baidu, JD.com, and Toutiao.

Investment banks are not superior, but serve enterprises with a “Party B” mentality. He said: “I ask our investment team to maintain the’Party B’mentality. When you invest in others, you also ask others to accept investment and to empower and help them. In this way, the work mentality is different.” (Zhongxin Jingwei APP)

When the sales of developers such as China Merchants Shekou, China Shipping, Poly, and China Resources, which are also central enterprises, have reached hundreds of billions in sales, CCCC Real Estate’s 100 billion progress bar has just passed halfway.

In 2020, under the leadership of then President Li Yongqian, CCCC Real Estate achieved contracted sales of 53.3 billion yuan, fulfilling its sales target for that year. Due to the desire for scale, CCCC Real Estate will be quite aggressive in 2020. The company added 30 new land in the whole year, twice the amount in 2019, and its floor space has increased by 176.90% year-on-year to 6,355,900 square meters.

After a brief victory, the plight of CCCC Real Estate became more and more obvious. Even if the scale exceeds 50 billion yuan, the company’s profitability continues to fall, and the debt indicator has stepped on two red lines in a row. How to balance the scale and debt has become a difficult problem for CCCC Real Estate.

Three delays in accounts payable

After the transfer of assets to return funds, borrowing from the parent company’s real estate group, and the transfer of surplus funds from affiliated companies, CCCC Real Estate has launched a new round of financing measures.

On June 14, CCCC Real Estate disclosed that the company plans to carry out non-standard supply chain financial asset securitization business with Ping An Wealth Management and Centennial Asset Management, with a total financing of no more than 3 billion yuan, mainly for payment of the project company’s accounts payable .

CCCC Real Estate said that this non-standard supply chain financial asset securitization business can extend the payment period of the company’s accounts payable, effectively alleviate the company’s short-term cash flow pressure, and optimize the liability structure.

This is not the first time that CCCC Real Estate has adopted this method to extend the payment time of accounts payable.

On January 14, CCCC Real Estate announced that in order to speed up capital turnover and increase capital utilization, the company and its subsidiaries intend to cooperate with the Bank of East Asia in refactoring business. The latter will provide CCCC Real Estate with a total of 400 million yuan. The re-factoring limit, the subject of the transaction is the accounts payable of the subsidiary of CCCC Real Estate, that is, the accounts receivable of the corresponding supplier.

The specific business content is that the supplier transfers the accounts receivable to the factor. The Bank of East Asia agrees to accept the transfer of the accounts receivable from the factor after confirming that the accounts receivable meets the agreed conditions, and the Bank of East Asia will guarantee the transfer of the accounts receivable. The manager provides non-recourse re-factoring services, and CCCC Real Estate acts as the co-payer of its subsidiaries.

Guan Rongxue, an analyst at the Zhuge Housing Data Research Center, told reporters that the cooperation between real estate companies and insurance companies to carry out non-standard supply chain financial asset securitization business is one of the ways that companies often use to ease short-term cash flow pressure. But the same operation three times in a row in six months can’t help but make people question, is the short-term cash flow of CCCC Real Estate already so tight?

According to data, as of the end of 2020, the amount of CCCC Real Estate’s accounts payable was 8.961 billion yuan, an increase of 48.45% from the 6.036 billion yuan in 2019, all of which must be paid within one year.

The “International Finance News” reporter noted that the substantial increase in the accounts payable of CCCC Real Estate that year was mainly due to the increase in land payables. In 2020, CCCC Real Estate added 2.577 billion yuan in land payables, and the company did not have such expenditures in 2019.

In the same year, CCCC Real Estate’s short-term loans amounted to 2.239 billion yuan, and non-current liabilities due within one year were about 5.819 billion yuan. If the accounts payable of 8.961 billion yuan are included, the company’s short-term debt level reaches 17.019 billion yuan, and the corresponding monetary capital in the same period is only 11.534 billion yuan, which is obviously out of balance.

From this point of view, it is understandable that CCCC Real Estate has extended the payment time of accounts payable many times.

Dilemma

But it is obviously not enough to relieve financial pressure in this way.

On June 14, CCCC Real Estate also disclosed an announcement on providing counter-guarantees to related parties for the issuance of corporate bonds. According to the announcement, CCCC Real Estate intends to publicly issue corporate bonds of no more than 1.2 billion yuan. The controlling shareholder of the real estate group will provide joint liability guarantee guarantee, and CCCC Real Estate will provide counter-guarantee for it.

After several rounds of financing, it is not clear how much breathing space China Communications Land has to compete for. However, from the current situation, reducing debt is quite important for the company.

According to data from the Shell Research Institute, in 2020, CCCC Real Estate’s debt-to-asset ratio after excluding advance receipts is 83.4%, exceeding the 70% red line; the net debt ratio is 296.4%, an increase of approximately 146.2 percentage points year-on-year; the cash short-term debt ratio is 1.43 , Step on two lines.

According to the “three red lines” financing rules, real estate companies that stepped on the two “red lines” will be classified as “orange files”, and the annual growth rate of the scale of corporate interest-bearing liabilities shall not exceed 5%. Therefore, if the debt level is not optimized, the already weak CCCC Real Estate will be restricted in financing, and it will be more difficult for the company to move closer in scale.

Guan Rongxue told reporters that the current dilemma of CCCC Real Estate is that, on the one hand, the company is inefficient in the process of resource integration, and on the other hand, it is because the company pursues large-scale acquisition of mergers and acquisitions projects and large-scale expansion of land reserves.

According to Guan Rongxue, although the development of non-standard business has extended the debt period, CCCC Real Estate’s long-term cash flow pressure still exists.

As of the first quarter of 2021, CCCC Real Estate’s short-term borrowings have fallen to 890 million yuan, but the bills payable in the same period has increased by 57.523% compared with 2020 to 37.054 million yuan, and long-term borrowings have increased by 43.5% compared with 2020 to 35.678 billion yuan. Bonds have also increased from 5.011 billion yuan in 2020 to 8.144 billion yuan.

In addition, due to the increase in short-term loans payable to shareholders, other payables of CCCC Real Estate also increased by 217.93% from 2020 to 6.93 billion yuan. With the continuous support of the parent company, the amount of this part of the funds may remain high in the short term.

Under the high pressure of debt, CCCC Real Estate continues to provide guarantees for its holding subsidiaries and shareholding companies. As of May 31, the balance of guarantees between its holding subsidiaries and holding subsidiaries was 12.357 billion yuan, accounting for 403.64% of the net assets attributable to the parent at the end of 2020; the balance of guarantees for participating companies that were not in the scope of the consolidated statement was 2.107 billion yuan , Accounting for 68.82% of the parent’s net assets at the end of 2020.

Takeaway rider, a profession that has been repeatedly discussed in the past two years. They go in the wind and rain, picking up “steel G children” in the local living market, but it seems that their personal safety and welfare protection cannot be effectively guaranteed. In September last year, a report on “Takeaway Riders Stuck in the System” sparked discussions across the Internet. The article describes that the takeaway riders are exhausted under the drive of the system algorithm. In order to avoid being fined for delayed delivery, the takeaway riders often violate traffic regulations and face the risk of traffic accidents. At that time, Meituan responded that it would better optimize the system, better protect the safety of riders, care for riders and their families, and improve the rider reward model. A revolution is going on around the way the merchants distribute the rake. Recently, Meituan has been exposed to adjust the merchant-side delivery billing method, from the original “one size fits all” commission, refined into a comprehensive commission based on delivery distance, order price, and delivery time. Although there is no official announcement for this adjustment, All Weather Technology has learned from some merchants that the first- and second-tier cities covered by Meituan Food Delivery have been gradually adjusted, and some merchants in third- and fourth-tier cities are also aware of the changes and will be adjusted soon. As for the reason and basis of the specific adjustment, the official has not yet provided an explanation, but from the notice issued by Meituan to the merchants, the adjustment is mainly “in response to the general merchants’ belief that the platform commission is too high, the billing is unreasonable, and the client delivery fee is high. “. Regarding Meituan’s new regulations, Runmi Consulting founder Liu Run believes that the new rules separate commissions and distribution fees, which can support small and medium businesses and help riders get more work. Meituan said to All Weather Technology that the reform of rate transparency has no impact on users. In the industry, not only Meituan, but also Ele.me has been exposed to carry out commission reforms, which are divided into fixed and floating parts. Similar to Meituan, the floating part will be charged in steps such as delivery distance and order price. What does this adjustment mean for all participants in the industry-riders, merchants, platforms, consumers, etc.? Merchants rush to welcome new regulations Chen Jie is the owner of an offline coffee shop in Guangzhou. Although his business is not as good as that of large chain brands, he is still a small success in the local area. The outbreak of the new crown epidemic in early 2020 brought Chen Jie’s coffee shop to a standstill, forcing him to find a new way out-moving his business online and connecting to a food delivery platform. Soon, he signed an exclusive cooperation agreement with the Meituan food delivery platform, and the order commission ratio was set at 16%. This means that Chen Jie can only open stores on one platform of Meituan Waimai, and cannot open stores on other platforms such as Ele.me. According to Chen Jie, this rake ratio has already been discounted. “If it is not an exclusive (agreement), the rake ratio will reach 21 points.” Fortunately, Meituan’s local market share still has a relatively obvious advantage, which has benefited Chen Jie a lot. “If you sell 300 cups of coffee every day, about 150-200 cups of coffee will be sent from the Meituan takeaway platform.” Chen Jie is paying more and more attention to online platform sales. But in the last half month, Chen Jie suddenly received a call from the business manager of Meituan’s food delivery platform, and was told that the distribution commission would be adjusted “from the original 16% to 6%”. It sounds like the platform makes a big profit, “but it’s actually not the case. It charges fees in other ways.” Chen Jie said. According to a “refined billing model plan” after the adjustment of Meituan Takeaway provided by him, this adjustment is mainly to split the previous “package fee policy” into two “technical service fees” and “performance service fees”. Each part, especially the “performance service fee” is divided in detail according to the delivery distance, order price, and delivery time. Meituan Food Delivery Refined Billing Model Solution You should know that the Meituan takeaway platform used to have a single and fixed commission method. The commission calculation formula is: (commodity price + packaging fee-activity intensity) * percentage of sampling point = commission. If the actual cost does not reach the guarantee fee, the platform will charge the guarantee fee. According to public information, the previous service fee guarantee for Meituan’s food delivery platform ranges from 3.5 yuan to 5.5 yuan. not difficult to see, The new regulations have implemented a lower commission rate for technical service fees. Once merchants adopt self-distribution methods, they only need to pay technical service fees to the platform. The minimum guarantee fee is more than 1 yuan, which is significantly lower than before; but for merchants who choose platform delivery, they need to pay the technical service fee to the platform. On the basis of the technical service fee, the performance service fee rules are followed. The latter will charge more for special orders such as 3 kilometers away and late at night. All-weather Technology also found that the adjusted Meituan takeaway business technical service fee ratio, the starting price of kilometers, and the charges per kilometer for more than 3 kilometers, there are certain differences in different regions. Comparison of refined billing schemes in different regions of Meituan Takeaway Soon after receiving the call from the business manager, Chen Jie had signed a new cooperation agreement with the platform and accepted the rule adjustment of Meituan Takeaway. But recalling the whole process, he was actually a little confused, and he didn’t even understand the specific calculation rules carefully. “He (the business manager) called me to sign in the past. He only mentioned that the deduction point would be a little lower than before, but didn’t elaborate. Many merchants signed the contract directly when they were busy.” Chen Jie said that he was in business. If the manager is required to sign after the notification, the Meituan takeaway has a high market share in the region and the merchants are also relatively dependent on the platform, so they will basically cooperate with the contract. After the new regulations came out, Chen Jie felt that although the store business has not been greatly affected, the order volume is basically stable whether it is within three kilometers or three kilometers away, but the actual receipt of orders beyond three kilometers has probably been reduced by a few cents. To a dollar, and the fees that need to be paid to the platform as a percentage of turnover are also increasing. From March 22 to April 20, 2021, the turnover of Chen Jie’s store was nearly 40,000 yuan, and the expenditure was about 10,000 yuan; and within 30 days as of May 20, 2021, the turnover of its store was close to 70,000 yuan , The expenditure exceeds 20,000 yuan. He mentioned that the monthly turnover increased, and the actual store order volume dropped by 2 orders from the previous month. What puzzled him was that the original “lower deduction” did not happen. According to calculations based on the specific data provided by Chen Jie, the proportion of fees he needs to pay to the platform in the turnover has increased from 26.12% in the previous stage to 30.08%. Some analysts believe that this rate change will benefit small and medium businesses, and most of the short-distance order rates will drop. In the case provided by Meituan to All-weather Technology: Take the Zhengzhou local brand “Prince in Love with Shrimp” as an example. Previously, a merchant with a unit price of 99 yuan for a “Heartbeat Meal for Two” had to pay a commission of 17.29 yuan. After the rate adjustment, under the same order, if the merchant chooses to deliver it by itself , Only need to pay 6.84 yuan technical service fee (commission), the commission rate is only 6.9%. If the merchant chooses Meituan delivery, if it is within the standard delivery range, the technical service fee (commission) and the performance service fee add up to approximately 14.24 yuan, which is a savings of 18% compared to before the adjustment. More businesses seem to be staying on the “wait and see” status of this adjustment. No one can say that the new regulations may have a long-term impact on them, and some even show a negative attitude. Li Wen runs a coffee shop in Foshan City, Guangdong Province that also serves Western food. Unlike Chen Jie who mainly develops online business, he only uses online as a channel for exposure and customer acquisition. Even after signing an exclusive cooperation agreement with Meituan, Li Wen revealed that the revenue from the Meituan takeaway platform accounts for less than 1/10 of the total store revenue. “I heard that the platform has adjusted distribution, but I didn’t pay much attention to it.” In Li Wen’s view, the platform adjustment must have been raised. In the end, it must be the merchants who pay for the payment, not the consumers. In fact, All Weather Technology learned from the consumer side that the meal delivery fee on the Meituan takeaway platform is suspected to have also been adjusted. Comparison of orders at 9 a.m. on February 23 vs. 9 a.m. on May 24 An order provided by a Meituan Waimai Shanghai user showed that in a rice noodle shop within 3 kilometers of him, multiple orders were placed in the morning, midday and evening in January and February this year, and the delivery fee was all 3 yuan. The subsidy activities were directly reduced and exempted; and when the order was placed again in May, the distribution fee rose to 4.5 yuan, and the subsidy activities still had to be paid 1.5 yuan. Is this a platform action or a business behavior? Meituan made it clear that the platform’s rate transparency reform has no impact on users. Millions of riders benefit? In the food delivery industry chain, the main players can be roughly divided into merchants, consumers, platforms, and riders. Regarding the commission adjustment, many riders told All Weather Technology that they did not feel the “benefits”, but actually felt that their income had declined since last month. The Meituan financial report shows that in 2020, a total of 48.7 billion yuan will be spent on riders, and more than 4.7 million riders will earn revenue on the Meituan platform. According to the categories, Meituan riders can be classified into three categories: special delivery, crowdsourcing, and running. According to the introduction of many platform takeaway riders, the delivery riders are regular employees and have labor relations with third-party platforms. The salary is settled according to the method of “basic salary + single-quantity pricing + rewards and punishments”. They are the guarantee of platform delivery efficiency and service quality. Crowdsourcing riders can be understood as part-time employees, mainly composed of social idle capacity, and only relying on order volume to get paid. According to Meituan’s official disclosure of “Lepao Network Appointment Distributor Activity Rules,” Lepao riders use a natural week as a single activity cycle, and the contract can be automatically renewed after the expiration meets the requirements of the distributor. Salary is calculated based on activity requirements such as order volume, online duration, peak online duration, punctuality rate, and order completion rate. A rider told All-weather Technology that Lepao delivery personnel are actually between dedicated riders and crowdsourced riders. There is a certain degree of freedom, no basic salary, and no grading rewards for ordinary online delivery personnel. From the perspective of the scope of distribution, the special delivery scope is small, and the crowdsourcing delivery scope is large; from the perspective of stability, the special delivery is the most stable rider, and special circumstances and extreme weather need to obey the platform dispatch arrangement. Even a special delivery rider with a basic salary does not dare to relax, and must complete the time and ensure the order quantity. In mid-May, Shanghai has begun to welcome the rainy season. The continuous rainy weather and rising orders have increased Guo Dong’s work intensity, but he can’t stop. “We (special riders) can’t stop taking orders, we can only transfer orders. .” According to regulations, Meituan special riders can have three big turns and two small turns every day. The so-called “big transfer” refers to transferring the order to the Meituan takeaway rider platform to wait for others to take the order; “small transfer” refers to the direct transfer of the order by entering the mobile phone number between the familiar riders. Guo Dong will only transfer orders when he encounters special circumstances or is too tired. This year is Guo Dong’s third year in Shanghai. He is already familiar with the area he is responsible for. He can complete more than 50 orders per day on average, and he will not be fined for personal reasons. As long as the goals and tasks are completed, Guo Dong’s monthly income is not a problem. But in Guo Dong’s view, the takeaway rider is a job that does not make money. “The money is made by dozens of people in the top rankings.” He reluctantly stated that if there are 100 people on a site, only 30 people at most can make money, “the remaining fine will be punished to death.” At the same time, Guo Dong also deeply felt that the mobility of riders is very high, and most riders will leave in the first half of the year. “The site where I work is 365 days a year and I can see new recruits every day.” Shen Jun and Guo Dong are colleagues at the same site. Although they have only been here for more than a month, they are “elders” in the industry. On a rainy day two years ago, Shen Jun encountered a car accident on the way to deliver food. His calf was severely injured and the treatment cost was about seven or eight thousand yuan. “The company doesn’t care about it and shirks its responsibilities. I pay for the medical expenses.” Shen Jun complained that the company’s insurance didn’t work at all, because this incident was very disappointing to the company. In fact, the special rider pays accident insurance money every month. Guo Dong revealed that the insurance premium for Meituan’s special riders is 6 yuan/day, and the insurance premium for crowdsourcing riders is about 3 yuan/day. But he also said that even if everyone has paid the insurance, they still face the difficulty of indemnity. The safety and welfare of takeaway riders have also attracted attention from all walks of life. Especially last year, after a round of media reports and public opinion condemnation, relevant local life service platforms have stated that they will make changes. On the eve of May Day, Meituan’s “One Boat Plan” for riders has made new progress. Meituan stated that in order to broaden the career development space for riders, the platform has improved the rider promotion and transfer mechanism, and further opened up distribution station masters, partner management posts, customer service, trainers and other positions; in order to enhance the experience of children with severely ill riders, in the original On the basis of some public welfare assistance funds, two new assistance policies have been added: “Green Channel for Appeal and Review” and “Baby Companion Day”. According to All Weather Technology learned from a site in Shanghai, starting from April 1 this year, the Meituan Special Rider Salary Program has also ushered in a round of adjustments. But on the whole, the target for rider responsibility orders has increased, supper subsidies have fallen, and the threshold for large and weight subsidies has increased. The rider said that the average salary per order is actually declining. If you want to maintain the previous salary level, all you can do is complete more orders. Compared with the delivery fee of less than RMB 10 per order, the penalty faced by the rider is not low. According to the latest penalty rules obtained by All Weather Technology, the platform will assess the riders from five aspects: bad reviews, overtime, order cancellation, early delivery, and other punishments. The penalty is as high as 500 yuan/ single. Penalty Rules for Riders of Meituan Takeaways at a Shanghai Site In addition, the above-mentioned sites have also issued administrative rules. If riders are late for the morning meeting, absent from work, smile action (spot checks and tests on riders by the platform, and require wearing work clothes, wearing badges and helmets to take photos), they will be caught. Punishment. Administrative Punishment Rules of Meituan Takeaway Special Riders at a Shanghai Site In the past April, Shen Jun worked for 30 days and the average daily order volume exceeded 40 orders. Due to serious overtime and other problems, he also received a fine that was several tens of times the fee for a single order. In the end, the average was only about 8.15 yuan per order, and the actual salary was less than 9,500 yuan. Former Meituan takeaway rider Tian Xia also told All Weather Technology that when he was a rider (in the summer of 2020), because he was not familiar with the road and the platform was far away, he not only ran through many red lights, but also because He was fined by the platform for overtime; as the business became familiar, he was able to receive multiple orders at the same time, did not run the red light or speed, and the punctuality rate remained 100%. But he believes that it is still “difficult and difficult” to earn more than 10,000 yuan. Or will the platform be under more pressure? As of about 8 pm on May 23, Shen Jun had already ran 61 orders that day, but he still couldn’t stop, and the station was still sending him tasks. But as a special rider, he couldn’t refuse to take orders. “There is no way if the site is not forced, because everyone can’t stand it (don’t want to take orders). Just like rainy days without subsidies, it’s easy to run hard,” Shen Jun said. Under the dual effects of algorithm-driven and spontaneous ordering, takeaway riders have become one of contemporary high-risk occupations – In September 2018, the Guangzhou Traffic Police investigated and punished nearly 2,000 traffic violations of takeaway riders; Tian Xia learned by querying the insurance section of the Meituan crowdsourcing app that as of August 2020, 157,483 people had passed the insurance products on the Meituan Takeaway Riders App. The claims were settled, and the total compensation was 1.13 billion yuan. Thousands of courier brothers are pursuing delivery timeliness and delivery orders at the cost of safety. Many people are sweating for them. The call for platforms to buy insurance for riders is also getting louder. In fact, in recent years, the cost Meituan spends on food delivery riders has increased year by year. According to financial reports, Meituan’s catering takeaway business revenue in 2020 will reach 66.265 billion yuan, accounting for 57.72% of the platform’s total revenue. The cost of Meituan’s food delivery riders has increased from 280 million yuan in 2015 to 48.692 billion yuan in 2020, an increase of more than 170 times; by the end of 2020, the cumulative number of riders who have achieved increased employment and income in Meituan has exceeded 9.5 million. . 2020 Meituan expenditure breakdown (by nature) In recent discussions on Meituan, there is a voice: Meituan cannot afford insurance to riders. Is this really true? To solve this question, a key question must be answered, that is, “what standard should Meituan pay for the rider’s insurance”. If you pay the three insurances (pension, medical and unemployment) of the “five social insurances and one housing fund”, based on the unit payment ratios of 21%, 9%, and 2%, the platform needs to pay about 32% of the salary. Dolphin Investment Research pointed out that the human outsourcing fee for Meituan Catering + Non-Meal Delivery in 2020 is approximately 54.3 billion yuan, which is equivalent to the total income of various riders. Roughly assuming that Meituan’s special riders contributed about 60% of the orders, Dolphin Investment Research calculated that about 32.5 billion yuan has social security payment obligations, and Meituan needs to take back 543*32%*60%=10,425.6 billion yuan. The reference basis for the other algorithm is the “Guiding Opinions on Regulating the Labor Employment of Catering Online Delivery Workers under New Employment Forms (Trial)” promulgated by the Nanjing Municipal Human Resources and Social Security Bureau. It is believed that “platform enterprises” should mainly be “specialized” “Send riders” to pay work-related injury insurance. In accordance with the state’s regulations on the payment rate of different industries, the insurance premium rate of the takeaway distributors is attributed to 1.1% of the “transportation industry” payable. Moreover, this algorithm also encloses the scope of insurance payment in the group of “specialized riders”. According to data from China Securities, Meituan currently has more than 1 million active daily riders, of which about 40% are dedicated riders. Rough calculations, the cost that Meituan needs to pay is only 486.92*40%*1.1%≈214 million yuan, which is far from the calculation result of Dolphin Investment Research. However, whether the documents on which the second algorithm is based can be adapted to major cities across the country is not yet known; in addition, whether crowdsourced riders and running riders should pay insurance has also aroused widespread discussion in the society. From this point of view, the outside world still needs more responses from the platform side for issues related to takeaway riders. It is reported that since the Spring Festival in 2021, Meituan Waimai has held 22 rider talks, during which more than 50 rider feedback suggestions have been collected, 19 of which have been improved or entered the improvement process. The riders look forward to more improvements on the platform that they are really concerned about. After the heavy rain, the sky has cleared up, but Shen Jun’s heart is still low. Just yesterday (May 23), a colleague of his was injured again while delivering the meal. He paid for the medical expenses in advance. How to pay it is not yet known. (Chen Jie, Li Wen, Guo Dong, Shen Jun, Tian Xia in the text are all pseudonyms)

Many tourists have a Tibetan dream, because the high altitude makes some people unable to go and adds a sense of mystery.

There are many routes to Tibet. In addition to flying directly to Lhasa, Nyingchi and other cities, you can also take the Qinghai-Tibet line, Dian-Tibet line and Sichuan-Tibet line.

I have heard several friends say that tickets for Tibet are expensive. Is this really the case?

Frankly speaking, with the exception of Nyingchi Suosong Village, the Yarlung Zangbo River Grand Canyon and other scenic spots, the ticket prices are slightly higher. Tickets for most other places are very cheap. Even in the tourist season, the ticket for Gala Peach Blossom Village is only 30 yuan, but Most of the beautiful attractions along the route are free of charge.

Our car went from Lhasa to Shigatse. The destination was Mount Everest Base Camp. It passed a place called Manla Reservoir along the way. It was about 4,200 meters above sea level. There were almost no plants on the mountain. The lake was under the brown-gray mountain and the lake was pink-green. It is like a beautiful emerald inlaid on a plateau, pure and intoxicating beauty.

Manla Reservoir has a viewing platform, located on a high mountain, next to it is a toilet. Some self-driving travelers choose to park here and enjoy the scenery by the way, and so do we.

Manla Reservoir is located at the upper reaches of Nianchu River in Longma Township, Gyangze County. It mainly provides irrigation water for nearby areas and uses hydroelectric power to deliver electricity to nearby residents.

This reservoir is about 28 kilometers away from Gyangze County and 113 kilometers away from downtown Shigatse. The dam has a length of 287 meters and a height of 76.3 meters. It is called the “First Dam in Tibet.”

The reputation of Manla Reservoir in the tourist circle is very small, but the tourists who pass by here are all impressed, especially when the weather is clear, the blue sky and white clouds reflect the lonely mountains and green water, majestic, atmospheric and beautiful, and it will rise when the wind is strong. Prayer flags from the top of the hill.

It takes less than five minutes to climb a flight of steps from the parking position to the viewing platform. However, because the altitude is more than 4000 meters above sea level, you will feel a little pant if you walk fast, and it feels much better to slow down.

In terms of practical significance, Manla Reservoir is a natural landscape + artificially constructed landscape belt. Although there are many similar mountains in Tibet, their appearances are different. If you have to compare a place with the Manla Reservoir, I personally think that the Yamdrok Yumso has the highest similarity, but in terms of the degree of danger and sense of desolation, the Manla Reservoir seems more obvious.

The beauty of Tibet is not only in the destination, but also along the way. Whether it is the Yunnan-Tibet line, the Qinghai-Tibet line, or the Sichuan-Tibet line, there are many places as beautiful as Manla Reservoir that do not charge tickets. The premise is that you can slowly discover and appreciate it if you are not in a hurry.

Accordingly, US investors have made a profit of up to $ 4.1 billion by investing in this world’s number 1 “virtual currency”. Right behind the US is China with 1.1 billion USD. The remaining positions in the top 5 include Japan ($0.9 billion), UK ($0.8 billion) and Russia ($0.6 billion). Notably, this list also includes the presence of Vietnam. According to Chainalysis estimates, Vietnamese investors have earned $0.4 billion in 2020 by investing in Bitcoin. On a global scale, Vietnam ranks 13th in the world in terms of Bitcoin-related profitability. Vietnam is also the 4th country in terms of cryptocurrency profits, just behind China, Japan, and South Korea. Ranking of the 25 most profitable countries from Bitcoin in 2020. According to Chainalysis, due to the decentralized nature of the technology, it is very difficult to find out where the parties are in a cryptocurrency transaction. The published results were estimated using transaction data from services that Chainalysis tracks. In its analysis, Chainalysis measures the total volume of Bitcoin transactions at each crypto exchange. They estimate the amount earned by the difference in the price of Bitcoin at 2 times of entering and leaving the exchange. Chainalysis then distributes this profit based on each country’s share of web traffic on each exchange. By doing this, Chainalysis has produced a report on how much return investors in each country will make with Bitcoin in 2020. Even so, Chainalysis’s methodology is approximate and not yet available. regardless of the profits from the digital assets still in the exchanges. Vietnam currently ranks 10th on the Global Cryptocurrency Acceptance Index. According to Chainalysis, Vietnam is a perfect example of a country where the level of participation in cryptocurrency transactions far exceeds the ranking of the economy. Although only ranked 53rd in GDP with about $262 billion and ranked as a low-middle-income country, Vietnam still has a fairly high level of acceptance for cryptocurrency transactions. Accordingly, Vietnam ranks 10th out of 154 countries in the Global Cryptocurrency Acceptance Index. This is one of the rare indexes where Vietnam has the same rank as developed countries such as the US, China or South Africa, even more than many other developed countries such as the UK, France, Germany, and Spain. , Japan, Korea,… With such popularity, Chainalysis is not surprised that Vietnamese investors ranked 13th in the world in terms of income earned from Bitcoin in 2020. Many Vietnamese Bitcoin investors have won big in 2020. Similar to Vietnam, this phenomenon also occurs in a number of other countries such as the Czech Republic (54th in GDP, 18th in income from Bitcoin), Turkey (25th in GDP, 16th in revenue). Bitcoin income) and Spain (19th in GDP, 9th in Bitcoin income). On the other hand, despite having the 4th largest economy with the 2nd largest population in the world, India is being left behind in the crypto economy. In 2020, the country’s investors only made 241 million USD from the increase in the price of Bitcoin, ranked 18th in the world. This is because the Indian government does not seem to be very friendly with cryptocurrencies. India used to ban all cryptocurrency transactions in the country, until the Supreme Court of India lifted the ban in March 2020. Although many Vietnamese investors are making big profits from cryptocurrencies. Having said that, investing in Bitcoin or other cryptocurrencies is a very risky investment. Therefore, investors need to be careful and learn carefully before deciding to enter this harsh market.

Like how he surprised, this press conference was no exception. Accordingly, from June 14, many people “fall back” when they received the notice of the CEO of this tens of billions of dollars in the status line on their personal Facebook: “Press conference will be held tomorrow Tuesday, June 15, 2021 on YouTube broadcast at 9:00 AM – 11:30 AM “. Mr. Nguyen Vu Quoc Anh, General Director of Auto Investment Group in an online “press conference”. The CEO’s online “press conference” attracted hundreds of views at the same time with the same number of comments. Most of them are people out of curiosity, want to see how. The content of the comments were all encapsulated in the advice of Nguyen Vu Quoc Anh “to be confused, less explosive, less delusional”. Some people also think that the CEO of Auto Investment Group is “crazy” when holding a press conference but only monologues with the computer. At the beginning of the story, Nguyen Vu Quoc Anh shared the company’s “great” ambition with the desire to digitally transform businesses and state agencies as well as individual business households; oriented to become a technology corporation representing Vietnam to the world to compete with other illustrious corporations to bring foreign currency to Vietnam. “This year’s revenue is expected to be about 10,000 billion from July to December. Since we have not been able to promote the markets of India, the US and China, I have not been able to open it yet, at the end of this June I will open the markets. this to bring in revenue for our market.Of course people think the number is huge but to me it is nothing. In 2022, I have to bring in 1 billion USD, don’t say our corporation is a startup, I am not a statup, if you think I am a startup, you are wrong. We go 500 times faster than the startup, next year’s revenue of 1 billion USD is not big for me, only approximately 25,000 billion VND. By 2023 – 2025 trying to bring in 30 billion USD, this number is formidable. We will cover 250 countries… In 2025-2027, the revenue is 50 billion USD, this number is really not small but also not big with our vision. In 2025, we will build a financial business center and automatic replication in Vietnam, if it is favorable, we will build 17 buildings representing 17 of our companies. Investment capital is about 30 billion USD, I said I will make it. CEO Auto Investment Group promises. The online “press conference” of the “big CEO” attracted hundreds of views at the same time with the same number of comments. With these huge numbers, it seems that everyone will pay special attention, but most followers just want to know how much money Anh’s huge corporation has “stored” in the account. However, his answer was once again shocking: “I have a lot of gray matter, I don’t have money right now, but if I have gray matter, I will have it all” . To make the argument convincing, Mr. Nguyen Vu Quoc Anh mentioned potential investment sources that can be easily mobilized: “Please Mr. Hai, Mr. Ba, Mr. Tu, Mr. Nam (big businesses in Vietnam) to support his brother, each person contributing a few billion dollars to the youngest brother is also an ok number… I want you alone. youngest brother, I wish my parents were the State. My brother and I are the big men of Vietnam who have the support of the youngest, of course we go out and play with them. It’s as simple as that.” For more than 1 hour “hosting the online press conference”, the information “remains” in the followers that this is an 8X CEO with “superior talent”. Because, through the information shared, it can be confirmed that at the moment, Nguyen Vu Quoc Anh does not have much. According to the research of PV VTC News, the Global Auto Technology Investment Group Joint Stock Company has its head office located on the 46th floor, Bitexco Financial Tower building (2 Hai Trieu Street, Ben Nghe, District 1, Ho Chi Minh City). .HCM). This company has 3 founding shareholders, in which Mr. Nguyen Vu Quoc Anh contributed VND 499,998 billion and 2 other individuals contributed VND 1 billion each, Nguyen Thi Diem Hang and Luu Huu Thien. The comments are all encapsulated in the advice of Nguyen Vu Quoc Anh to “be less confused, less explosive, less delusional”. Immediately after the announcement, this information immediately attracted the attention of many people. Because with the above charter capital, this enterprise is far ahead of the leading economic groups in Vietnam at the moment. However, according to the actual research of PV VTC News, the office address on the 46th floor, Bitexco Financial Tower building that Mr. Nguyen Vu Quoc Anh registered the company’s headquarters in is a virtual office. This office is currently operated by Compass Office (an enterprise specializing in providing virtual and serviced office rental services). Currently, the group’s only location is the private house of the CEO of 8X himself, an old grade 4 house on 3rd Street (Neighborhood 2, Phuoc Binh Ward, Thu Duc City, Ho Chi Minh City).

Recently, the noisy case between singers Ho Van Cuong and Phi Nhung related to sand caused public attention, Quang Le suddenly spoke about money with Phuong My Chi. Quang Le shared, for a long time with Phuong My Chi in terms of music, the male singer has always done his best to support Phuong My Chi in professional and work. As for the sand, the singer’s family understands and decides. According to Quang Le, this year is the most important year for Phuong My Chi because she will graduate from grade 12 and prepare to enter the university. Phuong My Chi and her adoptive father Quang Le. The male singer also revealed on VTCNews Before that, he and his family sent her to an international school, from grade 3 to grade 9, the school sponsored 100% of her tuition, and from grade 9 to grade 12, she had to pay about 200 million / year. This tuition fee according to Quang Le is the money that Phuong My Chi earns from singing, which he and his family take care of and arrange to receive “numbers” for her. Child star Phuong My Chi was born in 2003 and was once known as a “prodigy” singing folk music when she enrolled in the contest “Voice of Vietnamese children 2013”. Although coming from a family with difficult circumstances, the singer made certain achievements at the family’s tea shop, but after only a few years of entering showbiz, the singer has achieved certain achievements. Stepping out of the playground “Children’s Voices” in the first season with the title of runner-up, Phuong My Chi until now can be said to be a famous vocalist and retains the most enduring stage aura among the faces. grew from this competition. It is worth mentioning that, knowing the difficult situation and also from the love of Phuong My Chi’s talent, singer Quang Le offered to adopt her so that he could guide and support this gifted voice. . After becoming famous, Phuong My Chi adopted Quang Le as her adoptive father and signed an exclusive contract with his music company. Accordingly, Phuong My Chi was hired by her adoptive father to teach her own vocals to supplement, train and perfect her singing ability, thereby giving birth to her first music album. She also has the opportunity to stand on many big stages both at home and abroad. There was even a time because Phuong My Chi saw so many “so many” that many people were afraid that her study would be affected. Quang Le affirmed that he always prioritizes Phuong My Chi’s studies and arranges training and performances reasonably so as not to affect his daughter’s study time. After only a short time accompanying Quang Le, Phuong My Chi bought a house for her parents from saving money to sing and was supported by Quang Le’s adoptive father with more money to be able to repair a new and spacious place. than. Singer Quang Le always wants to create the best conditions for his daughter. Therefore, in addition to guiding Phuong My Chi to become more mature in music, he and his family oriented her to study at an international school in Ho Chi Minh City. Quang Le did not hesitate to reveal that according to the signed contract, the two parties will share revenue and profit according to products and advertising contracts, in addition, Phuong My Chi still has her own salary in each “sou” “The show that she participated in. According to the security , talking about money issues, Quang Le said, all things related to money let his manager work with Phuong My Chi’s mother in a very clear and fair way. Phuong My Chi doesn’t know anything about money. But my manager and Phuong My Chi’s family work very clearly. For example, when Chi goes to sing, except for travel expenses, hotel meals, etc., Chi’s mother’s remuneration is enough for her. That’s why Phuong My Chi has to pay for her own education from 10th grade to 12th grade. Her parents don’t work because of Chi’s income a lot.” – Quang Le shared. After 6 years of accompanying Quang Le’s company, at the end of 2019, Phuong My Chi officially said goodbye to the entertainment company of Quang Le’s adoptive father. At that time, Phuong My Chi confided that the relationship between her and her adoptive father Quang Le was very good, but the reason the two sides did not continue to be closely attached to each other at work because the signed contract had expired. and she also wants to actively develop her own career, step out of her comfort zone. As for Quang Le, referring to his adopted daughter, the male singer expressed that his relationship with Phuong My Chi is still very good now. The little girl still often calls to visit him, gives gifts, sometimes even cooks tea to bring to her adoptive father. It is known that Phuong My Chi’s current life is very stable, especially in terms of finances, she still sings and receives “numbers” and schedules are 100% managed by her parents and family. That makes him feel very happy and secure, especially when he knows that his adopted daughter is still very lovely, emotional, and knows how to take care of her family from her singing fee. Truc Chi (th)

first. Emperor Le Nhiet Ba when taking on the role of the girl with pollen allergy in the movie Arrogance And Prejudice shocked the audience with a swollen, completely deformed face. 2. Do you realize? Yang Mi in Conscience beauty ? The actress looks like a different person when playing a female assassin who has to hide her beautiful appearance behind thick makeup. 3. The role of Thien Son Dong Lao in the movie Thien Long Bat Bo of the Happy Letters has “haunted” the small screen for a long time by the image of an old woman in the form of a child like this. 4. In the movie Shaolin Football Team , Trieu Vy accepted the disguise to turn himself into a “crocodile king” 3 times. From pimples full of face to country clothes, even shaved head. 5. Lam Tam Nhu also has an ugly incarnation segment in Conscience beauty . However, although the makeup team worked hard, the beauty of the beautiful Lam family did not seem to be affected much. 6. A beauty who is not afraid to make herself ugly anymore is Luu Dao. Thanks to this recklessness, Liu Tao left a deep impression with the role of A Chau in Thien Long Bat Bo . 7. Trieu Le Dinh and create a strong comedy in the movie Falling in Love: Diem Uyen Uong Waterfall when playing a girl who has to wear ugly makeup in front of her husband, making the audience cry. 8. Ni Ni also shocked the audience when she changed her image to an ugly girl who likes flashy makeup in the movie. Thien Thinh Truong Ca . 9. Do you remember Thai Trac Nghien’s Nhac My Diem image in the movie? Great Holy Crazy Love this is. These images have become a topic of discussion on social networks when she was named the ugliest female elf in the world. 10. And here is the No. 1 female comedian in Hong Kong – Ngo Quan Nhu with a character that could not be more humorous in the movie. The Great Secret of the Hyenas . Image source: Weibo

Regarding the issue of child stars’ wages, recently, male singer Quang Le spoke to the audience to answer questions related to Phuong My Chi’s salary. Quang Le and Phuong My Chi used to stand together on many stages, both domestically and abroad Specifically, in the recent livestream with the audience, Quang Le said that Phuong My Chi is currently in an important stage to prepare for the upcoming graduation exam. The child singer used to be free from school, but had to take care of himself when he entered high school. “From grade 3 to grade 9, Phuong My Chi attended an international school with 100% support from the school. But then in grade 10, Phuong My Chi had to pay for her own tuition, around 200 million per year. The amount Since Chi went to sing, Quang Le was the one to book the show for her and Chi’s mother also booked. There were also spectators and sponsors who silently supported Phuong My Chi’s school fees. . Quang Le appeared on a recent livestream to answer questions from netizens regarding Phuong My Chi’s salary. Besides revealing the cost of studying, singer Quang Le also said that Phuong My Chi did not know anything about money, but everything was because Quang Le’s manager worked with the singer’s mother. “Quang Le also doesn’t care about this issue much, but Quang Le’s manager and Phuong My Chi’s mother work, everything about money is very fair. As far as Quang Le knows, when Phuong My Chi goes to sing, The manager will deduct expenses such as airplanes, hotels, etc. For the rest, Phuong My Chi’s mother will receive enough.” , voice What About The Commercial Hair transparent disclosure of the money-sands matter. It is because of the fairness in the salary that Phuong My Chi can afford to pay for a year’s schooling of about 200 million VND. “Phuong My Chi’s parents also don’t work, thanks to Phuong My Chi’s income a lot” , Quang Le confided on the livestream. Phuong My Chi and Quang Le still keep in touch and keep a close relationship In addition, Quang Le also did not forget to praise Phuong My Chi when “the folk song girl” always remembered her, often called to ask, give gifts, even “cook tea to bring over”.

The victim said that on June 18, 2020, he had invested in GBhub Company and was introduced to this business as a partner of… Google. The reason is that after consulting and researching, this retail investor saw that GBhub Company has a logo similar to Google’s logo, and there are many websites associated with the “giant” of technology Google. Therefore, Mr. Du trusted him, so he invested without thinking much. To open an ID (account) to log into the company’s website, Mr. Du must pay an account activation fee and receive weekly interest. CEO of GBhub . Company After officially becoming an investor of GBhub Company, Mr. Du was given a promise to make investors throughout the provinces and cities in the country more confident such as: opening a visa payment gateway in August and September 2020; open a private exchange of GBPro coin for investors to trade on the exchange quickly; opened an investment fund company, a Block Chain academy in Vietnam in October; and finally opened the “banking portal” GBCloudbank (self-proclaimed international affiliated bank; trading more than 22 different currencies around the world) in November of the same year. Through this “banking portal”, GBhub company said it will pay interest daily and withdraw money directly from USD to VND. Initially, the company paid interest for regular withdrawal so that investors had confidence in the future of the business, so some people in different provinces and cities also put their savings to invest in. However, up to now, GBhub Company has not fulfilled any promises, only opening GBCloudbank and allowing investors to withdraw money in the first month. After that, this account… does not allow withdrawal anymore. For example, investors deposit 10,000 USD, then they will receive interest of 40% of the deposited amount. The next week, they paid $6,000 again, and got a 40% interest again. The third time, they have to enter 10 thousand USD, this time they can withdraw 40% of the amount paid. The fourth time, they paid another 10 thousand USD and the company… locked the phone. GBhub . Company’s “explosive” advertisement From January 2021 up to now, virtual currency participants have not been able to withdraw a single coin from the bank portal and were also emailed by a representative of Google Vietnam “warning about abuse of power and spreading fake logo images”. by Google”. The money that they are receiving daily interest will be sold to the so-called “managers” in Vietnam at extremely low prices compared to the USD price.Currently, the company has blocked the contact of phase 1 investors. with stage 2 and lock the ID (password) so that these victims can do nothing more. According to our research, many victims have used money in savings books, even borrowed, mortgaged real estate documents… to participate in playing virtual money and “lost money”. On April 6, GBhub Company held an office opening ceremony on Le Hong Phong Street (P2Q10) but did not have… a license to operate. Then, on April 24, this business also opened an office in Nghe An, located on Nguyen Quoc Tri Street (Hung Binh Ward, Vinh City). The director of this company is both Malaysian and Vietnamese. On its website, the company advertises that “global membership will surpass one million in the next three years”. LS Nguyen Thi Sinh (Ho Chi Minh City Bar Association) said that the Ministry of Finance needs to coordinate with departments and sectors to come up with regulations to protect the rights and interests of investors when investing in the virtual currency market. Despite always being warned about potential risks, what makes virtual money still attractive to investors is the huge profit offered to attract. Not to mention, more sophisticated, many virtual currency exchanges also entice investors to buy real virtual currencies, then use these virtual currencies to buy back “junk” virtual money to make high profits, then investors lose everything. their investment amount. Currently, many people are interested in investing in GBhub, especially the elderly in rural areas. It is easy for them to lose money for real money investment games on virtual networks because the servers are located abroad. The company will call from person to person to transact with cryptocurrencies in a short period of time, to avoid statements and documents. After that, the company will close the server (server), that is, delete all original data information of customers, causing them to lose money.

I am extremely confused and even stuck. There are things I hear, I can’t imagine how people can deduce to that extent. In this mess, what hurt you the most? I was most shocked that Cuong’s message to his fan was real. At first, I thought it was a collage, photoshop to bring me down. But when Cuong admitted that his son used to say that, I was in pain. I was hurt by the feeling of being betrayed because of a misunderstanding in the family. Out of all the bad comments about me in the past few days, what makes you feel the most unjust? It seems that people are researching, inferring and also having distorted things about me according to what they want to hear. At the age of 23, I began to focus on volunteer work and also experienced many emotions because of the reputation. People told me to borrow the name charity to polish myself. I was so frustrated, so I sometimes told myself, stop putting it away, “eat at home, carry the prison and general goods”, no one borrows the body and mind like this. But, later, when I calmed down, I said that “pleasing people is both hard and stupid”. So I decided to do what I felt was necessary. The most unfortunate is probably the story of money that Cuong’s parents asked to keep, but now I’m being told about it. Not only Cuong’s parents, it was Cuong who asked me to keep the money for him. On the day Cuong was awarded the prize money, Cuong’s mother received it. My manager at that time said that Cuong’s parents brought money to his hometown to repair the house and if there was a shortage, he would give more, but Mr. Muoi and Ms. Thu (Cuong’s parents – PV) all said they asked their managers to help. In recent days, the poor family of Ho Van Cuong’s family and the image of a shabby house in the countryside, shared from the sister who sells bottles of adopted children, have flooded the newspapers. Next to her, what did Ho Van Cuong’s parents say? Yesterday, the press also directly interviewed Cuong’s father and mother. The story of Cuong’s family, I do not share anymore and they will have their own thoughts and decisions. What era is this when terrible lies can still exist like I imprisoned the whole Cuong family. Ho Van Cuong’s father’s job is to manage the work at a vegetarian restaurant owned by Phi Nhung, but he keeps being told that he works as a security guard and receives a monthly salary of 10 million. While Ho Van Cuong’s mother helped take care of the children and adopted Phi Nhung, including the grandson of Ho Van Cuong’s parents, the two sisters were told to stay and live. That day, I also wanted to pick up my sister Cuong to live with my parents and younger brother, but after 3 months she wanted to go back to her hometown to get married. How do you and your team think about publicizing Ho Van Cuong’s income and expenses during the past time to whitewash himself? We are considering the date of handing over all the money to Cuong and he will realize his dream of becoming independent. Maybe, that day will take place when Cuong finishes his exam. In fact, Cuong’s parents and manager have always exchanged and held numbers. She once shared that each management company has its own rules, so she doesn’t know much about salary, but her manager shared with the press that, between management, she and Ho Van Cuong are not important. The show’s election system is family relations. What do you explain about this? There is really a familial relationship between us, not calculating the details like the usual activities between a singer and an entertainment company. I say that each company has its own principle that every singer – the company has a satisfactory contract agreement that is acceptable to both parties. But Cuong and me or the company did not have that contract. We treat each other like children of the same family. However, what I dare to affirm, Cuong’s money I do not touch. On the day I give the money back to Cuong, I will give all the money I have. The entire cost of making music products that I have invested in so far, of course, I take care of my children. I adopted Cuong as my son with the promise of a good education and now I am close to fulfilling my promise. What do you think when there is an opinion that the singer does not know his salary, for the management to completely decide the revenue and expenditure is unreasonable? Everyone has an opinion, but I don’t want money to affect my feelings of making art. Of course, I don’t leave everything to others, but I certainly don’t meddle in accounting matters. I work professionally and the balance between my revenue and expenditure budget and the whole company is done by the accountant. Of course, when needed, everything is clearly documented. Over the years, how have you taught and invested in Ho Van Cuong? – Cuong has a desire to sing professionally after graduating from university and that’s what I’m very happy about because I know Cuong’s talent. I also want her to have a professional career, focus on her profession and take her profession seriously. That’s why, when I have free time, I take Cuong to sing to learn, get acquainted with the stage and from colleagues. I also invest in products for Cuong seriously to conquer the audience. What do you think about the public act of criticizing Ho Van Cuong and bringing his adopted child to public opinion a few months ago? It is a wrong act as an adult and a mother. The online world is not as simple as I thought it would be. After that, Cuong and I also talked and everything was cleared up. How do your biological and adopted children encourage you in the midst of this controversy? – “Don’t be sad, we understand you”, they can only say that, but they don’t know how to help you. But, I’m still sad. Everything is on me. I was wrong about asking the online community to teach my children when they are naughty. I simply thought, I hope the online community helps me tell Cuong not to be bad, not to be stubborn anymore. But I was wrong. Many people attacked Cuong and that made Cuong angry. On her fanpage, she still shares her positive energy when regularly exercising, mobilizing people to wear masks when going out and giving gifts in the middle of the epidemic season. Many fans expressed concern, thinking that she was trying to pretend that she was fine. In addition to the shared moments, how do you deal with negative emotions when the market surrounds you? What I share is real. If I have done nothing wrong then there is nothing to worry or fear. When I was so angry, like when I heard Cuong admit that the message to the fan was real, I was very angry. But at that time, I looked at the image of the Buddha of Concern to find peace of mind. I know that in order to solve external problems, you must first solve your own mind. That’s how I deal with negativity.

Text | Chinese Business Strategies by Wu Su

In the Chinese food arena, Wang Shouyi’s thirteen incense and Lao Ganma are household names, and countless people have used them since childhood, and they can be called “national grandpa” and “national grandma” brands.

Both were once beautiful.

As early as 1998, the annual income of Wang Shouyi’s thirteen incense reached 400 million yuan, relying on “composite seasonings” to build a huge condiment business empire.

Laoganma is even more synonymous with hot sauce. There is no marketing, no financing, no loans, no listing, and only with unique taste and low price, the market coverage rate in all parts of the country is as high as 90%, and even exported to foreign countries. Wherever there is, there is an old godmother.”

In 2019, Laoganma’s annual sales exceeded 5 billion yuan, a year-on-year increase of 14.43%, a record high.

It seems that these two national brands still have a huge consumer market, but in fact, due to domestic and foreign difficulties, their sense of existence is getting weaker and weaker.

First of all, the younger generations feel that it is too slow to make money from selling spices and hot sauces, and they can’t sit on the “cold bench”, trying to make quick money from the real estate market, but they are all killed.

Wang Taibai, the grandson of Wang Shouyi, who held tens of millions in cash at the age of 20, was the “successor” that the second-generation leader once deliberately cultivated. He hoarded dozens of properties in the UK. He did not expect to encounter the financial crisis and almost lost all of them. Property, only relying on the family to “assistance” can get through the difficulties.

Similarly, Lao Ganma Tao Huabi’s eldest son Li Guishan Nuggets Real Estate, also touched his nose.

The real estate company of which Li Guishan is the second shareholder develops a real estate, but it has been unable to accept it due to construction problems, project balance problems, etc., and is involved in a lawsuit. In addition, this company suffered serious losses. From 2013 to 2017, it had a total debt of 950 million yuan. It frequently appeared on the list of untrustworthy executors and was involved in nearly a hundred judicial cases.

In addition to the huge resource loss caused by cross-border, the hunting of copycat products has also reduced the influence of Wang Shouyi Shisanxiang and Lao Ganma.

In the field of compound seasonings, the “fifteen incense” and “eighteen incense” have sprung up like bamboo shoots after the rain, and they have fought guerrilla warfare with the “genuine products”. To this day, in some cities, these “li ghosts” sell more than the “genuine products” it is good.

Lao Gan Ma was also troubled by copycats and had to apply for registration of trademarks such as “Lao Gan Da”, “Lao Gan Da”, “Lao Qian Ma” and “Lao Shi Ma”.

Outside of the cottage, the “encirclement and suppression” of competitors made it even more difficult for them to resist.

Totole, Yihai International, which provides the base material for Haidilao, and Zhongjing Food, which uses mushroom sauce to beat the world, are all accelerating their attack on the city. Wang Shouyi’s thirteen incense is particularly silent.

Lao Gan Ma was chased by Lee Kum Kee and Spice Girls, and online marketing was relatively weak. At the beginning of the year, the media compared the hot sauce data with the highest monthly sales in each brand’s flagship store. The hot sauce brand “Fan Ye” founded by singer Lin Yilun had five times more than Lao Ganma.

Unfavorable factors are superimposed, Wang Shouyi Shisanxiang and Lao Ganma no longer have the style of the former leaders, but this also forces them to think about changes, and new growth points may be bred in them.

——END——

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– I love you for so long, but if she doesn’t let me do anything, maybe it’s gone. Well, let’s break up and find another girl. – Don’t worry, my girlfriend and children are obedient, nothing can be lost. – Come on, dad, it’s a dumb chicken Now that I’m still zin, that’s the problem, dad. There was a problem so no one touched it. You should reconsider your girlfriend, but when a girl loves to hold on to that, there is a real problem. It makes sense to listen to them, but it’s not, because now things are not like our grandparents used to be. Now people even encourage pregnancy before marriage for fear that many people will not be able to have children after marriage. If you don’t believe it, then let me go to someone else so I can find my true happiness (illustration) So I went back and invited my girlfriend. She mentioned it a few times before, but she resolutely kept it, this time I took the initiative to ask again: – Loved each other for more than 1 year, brought back to meet my parents, but you still don’t believe me? If you don’t believe it, I’ll let you go to someone else so you can find your true happiness. “It’s not that I don’t believe you, it’s because I want to keep you.” You and I are not young anymore, we are both mature. Determined to come together, it’s okay to wait a little longer when we get married. – But my mother said that many people are very infertile now, the daughters-in-law of his mother’s friends all returned for several years without giving birth, so I am worried. Mom is telling you to get pregnant and get married. Actually, that’s when I thought of what my mother said, but my mother did not encourage me to do it. But unexpectedly, the lover really believed: – Did your mother really say that? – Yes, my mother said that I am old, but not in my twenties. Now that I’m pregnant, my mother will marry me. I didn’t expect her to be here, everyone, and agreed to go to the motel with me that night. But what made me so surprised and happy was that on the pure white sheet there were red blood stains, proving that my girlfriend was still a virgin. I happily texted my friend: – My girlfriend is still 100% zin, here is the proof. – Come on, Dad, it’s too early to be happy. Who knows, what if she patched? – What is it? – Maybe your girlfriend fake it. The 26-year-old girl is still zin I go to the ground. Don’t believe it, ask online and see… At this time, I also half believed and half doubted so I decided to post my status line on Facebook. “The 26-year-old daughter is still zin, which proves it’s fake, everyone.” I didn’t expect people to comment very loudly, each with an opinion. Some people say it’s true, some say it’s fake, some even tag my girlfriend’s name. At that time, when I read the comments, I was so excited that I didn’t expect that each of these stories would be dissected from many angles, and it was fun to tell. Then I fell asleep at random, my girlfriend slept before me. When I woke up, she was nowhere to be found, I went to the bathroom and she was not there. I discovered there was a 500k bill on the nightstand. This money is definitely left by the girlfriend because there are only 2 people in the room. “I paid you last night, don’t look for me anymore. I didn’t expect him to be like that.” (illustration) Or she went to buy breakfast, I took out my phone to call her when I saw the message she left: “ I paid you last night, don’t look for me anymore. I didn’t expect him to be like this.” . My phone is still flooded with notifications from Facebook, many people tag their names and ask my girlfriend directly: “You let him tell you that.” “That kind of thing is abandoned early”. Since then, she hasn’t appeared in front of me anymore. I asked friends who knew someone who said they didn’t know, who didn’t, but most of her close friends were disdainful towards me, as if I was the one to blame for her to leave. Until now, after 2 years, I still haven’t seen my ex. I am married, and my wife was not chaste when she came to me. Sometimes when I think back, I still feel that I was a bit too much with my ex, maybe if it happened today, I wouldn’t have asked on the internet like that. If she reads these lines, I hope you will forgive me… Wish you a peaceful and happy life forever.

In 2012, Indian billionaire Datta Phuge stunned many people when he ordered a gold shirt for himself. This shirt is made of 22 carat gold, worth 240,000 USD (more than 5.5 billion VND). Time to complete this shirt is 3 years. 16 artisans were recruited just to assemble the pieces of the shirt within 15 days. Guinness World Records has also recognized this as the most expensive shirt in the world. Sultan Hassanal Bolkiah is famous for being rich with the country’s abundant oil resources. He used to be willing to spend about 535 million VND for a haircut. Accordingly, a barber from London (England) was invited to cut the hair of this monarch. Worth mentioning, that worker still lives in the UK, was transported to Brunei by private jet just to cut his hair and the Sultan of Brunei also paid for the move. Billionaire Bill Gates is famous for his thrifty habits, rarely spending extravagantly. However, he spent 30.8 million USD (more than 709 billion VND) to buy an old book. It is a book by the famous painter Leonardo da Vinci called Codex Leicester. Saudi billionaire Sheikh Hamad Bin Hamdan Al Nahyan bought an island in the city of Abu Dhabi, Arabia with the desire to engrave his name on the island. The special thing is that the name is engraved so large that it is said to be visible from the Moon. It was created by digging deep into the earth and letting seawater flow in. Image source: Getty Image Video: Bill Gates and his wife are divorced and property division. Source: VTV24

For many people right now, the future belongs to electric cars and virtual currency. According to Canadian light-electric vehicle manufacturer Daymak, the future is also bright, and its essence is centered on the model. Spiritus . electric tricycle . Daymak is one of those electric vehicle startups that makes extremely bold promises with its upcoming models. In addition to the new 3-wheel electric scooter Spiritus introduced in March this year, Daymak is also developing everything from electric bicycles, electric motorcycles to flying cars. They all belong to a product line collectively called Avvenire. Daymak Spiritus 3-wheel electric scooter introduction image From this week, customers can make bookings buy Spiritus with virtual currency . The Canadian company accepts various cryptocurrencies such as Doge, Ethereum, Cardano, and Bitcoin. Most importantly, Daymak says, “the Spiritus you order today will earn you money when it’s parked tomorrow.” Specifically the year 2023. Daymak said that the 3-wheel electric car will be the first car that can mine virtual currency, so it dares to loudly claim it will make you money when you are not using it. Spiritus will feature a technology called Daymak Nebula, a “patent-pending, comprehensive virtual currency infrastructure,” that includes the hardware needed to mine the cryptocurrency and a virtual wallet to store and use. use virtual currency. This will happen when , but Daymak did not specify whether mining virtual currency will affect the charging time or not (highly likely yes). Daymak Spiritus 3-wheel electric scooter introduction image Because Spiritus is a zero-emission vehicle, turning it into a virtual currency mining machine is also anti-pollution. That will solve the problem of mining facilities emitting large amounts of energy. Daymak also plans to share this revolutionary technology with other electric vehicle manufacturers through licensing. Aldo Baiocchi, CEO of Daymak and the man behind the entire Avvenire product line, says that cryptocurrencies are the future and this is how Daymak rose to win customers. “People will pay with virtual currency by 2023, and we are building these cars with that in mind,” Baiocchi said. “Daymak Spiritus is more than just a car.” Daymak Spiritus 3-wheel electric scooter introduction image The above words sound appealing, but anyway, at the moment, Spiritus is just a model that exists in computer images and 3D models only. Time will tell if Daymak’s vision turns into reality.

“By this time, I am very tired, very tired. If this situation lasts for a few more months, I don’t know if I can stand it.” That is the situation of Mr. Le Duong Minh (SN 1980, owner of Huy Hoang cruise ship, Ha Long city, Quang Ninh province) when sharing with PV VTC News about the miserable and exhausted situation of businesses and ship owners. Ha Long tourism after many outbreaks of COVID-19 disease, causing the tourism industry here to be temporarily “closed”. Looking at the man with a wrinkled shirt, a hard face, messy hair, deep eyes, no one would have thought that this was once a famous ship owner in Ha Long just nearly 2 years ago. Lazily, Anh Minh said, this whole year, his mind is always heavy, burdened with worries and doesn’t know how to remove it. In one day, he had to sink into thought for a few hours, almost shocked and really pressured by having to take care of the expenses but the revenue was not available, the epidemic kept coming from time to time. “I’m very exhausted and almost exhausted right now,” Minh said choked. 3 cruise ships of Mr. Le Duong Minh’s family are now moored, lying dormant at the international passenger port of Ha Long without knowing when they will return to operation. Sell ​​clean to pay bank interest Mr. Le Duong Minh said, more than 20 years ago, he moved from his hometown in An Lao district (Hai Phong) to Quang Ninh to find a job, started washing dishes, carrying calves, and then fell in love with a career as a tourist service for tourists. Cruise ship owner in Ha Long. More than 10 years ago, he and his relatives contributed capital to buy cruise ships to run their own business. From the time of contributing half of the ship to a ship, so far, Minh’s family has had 3 cruise ships, including 1 wooden ship and 2 newly built steel hull ships. How much profit has accumulated so far, Minh’s family uses to reinvest in new steel hull ships. According to Mr. Minh, each new steel hull ship is about 7 billion VND, he has to borrow up to 5 billion VND. In early 2020, his family built 2 new ships, so he had to borrow 10 billion from the bank. Since then, every month Mr. Minh has to pay 100 million VND. However, before carrying any passengers, the COVID-19 epidemic suddenly appeared and continued to break out from time to time. Until now, we have been traveling, we never thought that the epidemic would last forever and be so terrible. Mr. Le Duong Minh – Ha Long cruise ship owner “Since the day of the epidemic, I have to borrow money to fight. I expect that if there is no epidemic, 3 normal ships will also earn about 150 million per month, enough to pay bank interest and also have a savings. If you don’t work now, you won’t get anything to make up for that profit. Until now, we have been traveling, we never thought that the epidemic would last forever and be so terrible. In the past, there was a SARS epidemic, it only lasted 3-4 months, and businesses stopped operating for a short time, then revived and developed steadily. But this epidemic lasted from the beginning of 2020 until now, we are out of breath.” Minh said sadly. From the beginning of 2022 until now, Minh’s monthly revenue is just zero. Meanwhile, bank interest is still payable, principal is not yet payable. In addition, they still have to pay money to hire workers to look after, maintain, operate the machine, electricity, water … “Now that I have no income, I have to borrow money. I borrowed from relatives, brothers, even sold something to get money to pay bank interest and expenses. If the epidemic is under control in 1-2 months, I will still have the opportunity to run a full-time train to earn a living and pay salaries to employees, raise my wife and children, otherwise I don’t know how.” Minh said. Running out of resources to borrow, ship owners exhausted, employees losing their jobs Sad when it comes to financial resources, Mr. Minh said that because he had no income, he had long been in a new situation of taking out a new loan to pay the old interest, leading to debt stacking, interest on top of interest, even having to borrow high interest rates. to pay low interest. “A lot of expenses, bro! Every month, you also have to borrow up to 60 million to pay interest, but from February 2020 until now, you know how much it is. In addition, each month has to maintain 1 employee for each ship, to pay salaries and meals for them has already lost 8 million, plus maintenance, operation and maintenance costs … Every 5-6 months, the ships have to be put on board for maintenance, scrubbing, repainting the hull… twice a year, costing 100 million. So, my family has 3 ships and it takes another 300 million. Due to having to borrow money from a shipbuilding bank, ship owners have to buy insurance for the loan, and each year they have to spend about 25 million money to buy insurance. If the epidemic continues from this year to next year without stopping, I really don’t have the strength to reinvest anymore.” Minh is sad. Next to Tuan Chau international passenger ship port, hundreds of cruise ships are lying motionless. Also since the COVID-19 epidemic raged, most of the employees who used to work for the ship had to find jobs by themselves to maintain their lives. Some people go to help build, others go to the market to trade errands to get through the day. “The big owner ‘died’ big, the small owner ‘died’ small. Just like myself, 3 supporting ships from last year to now, the damage is also about 2 billion. Sometimes the wife and children do not dare to eat, do not dare to wear, just worry about money for the staff to eat, look after and maintain the ships waiting for them to return to operation.” Minh said. The ships that sleep at night with tens of billions are also lying in the lock on the side of Ha Long Bay. According to Mr. Minh, if the situation of the COVID-19 epidemic continues like this, his family will only last 3-4 months. If the bank pressed too hard at that time, his family would borrow money from one place to another. “Unfortunately, I have already borrowed a lot, so there may not be another place to borrow. Maybe you have to accept the risk, borrow more high interest outside to support. Because no one buys ships now, people buy them to carry tourists, not buy them to park. Cruise ships are now almost frozen and no longer trading.” Minh commented. Now, no one buys ships even if they sell them, people buy them to carry tourists, not buy them to park. Mr. Le Duong Minh – Ha Long cruise ship owner Minh said that he, like most other ship owners, wants the bank to accompany businesses and cruise ship business households to have a debt freeze and debt extension policy, so that ship owners and businesses can strength to endure and when tourism is restored, they will repay the bank. Up to this point, according to Mr. Minh, many ship owners not only pledge assets such as houses and cars, but also have to sell them to have money to continue. “Nearly 100% of ship owners have bank loans, if this time “collapses” is to collapse, there will be a series of ship owners facing bad debts, debt squeeze… policy support from the bank and the State” , Minh predicted.

Original SIM card but still occupied by others Ms. ATH (in Binh Duong) reflected on 2-3 days, she discovered that her phone displayed a message that could not be called, so she went to VNPT Binh Duong Business Center to ask for a check. Here, the technical staff said that the SIM card is not damaged, still works two-way. On March 4, she went to the center to ask for a new SIM card. After that, the phone works normally. On March 12, Ms. H. logged into her credit card account to check and found that the money in the account had been withdrawn in the form of payment for purchases. Suspecting that her SIM information was exposed during the SIM rework, Ms. H. went to VNPT Binh Duong Business Center to find out. Only now did she know that on 2-3 days there was a transaction to replace her SIM at a VNPT center in Ho Chi Minh City. Ms. H. said that this SIM phone number has been registered by her owner before. Now suddenly my SIM was declared and appropriated by someone else, leading to the loss of her credit card more than 58 million dong. “During the settlement process, the representative of VNPT HCMC (where the SIM exchange happened) said he would support me with a scratch card worth 2 million VND, but I did not accept it. The main reason for losing money is because the network operator re-issued the SIM in the wrong process, not because of me, “- Ms. H. shared. Ms. ATH was upset because someone else took control of her phone SIM, so her credit account lost more than 58 million dong. Photo: DANG LE Another case is Mr. Trieu Duc Khai (in Thai Binh) also said on April 21, he made a complaint to VNPT Center in Thai Thuy district, Thai Binh. The content of the complaint about his VinaPhone SIM, although registered by the owner, was still controlled by others, leading to the loss of 35 million VND in his credit card. Through working with VNPT in Thai Thuy district, it was determined that someone had impersonated him to carry out the procedure to lose the SIM and make a new SIM with the subscriber number that Mr. Khai was using. This person only declared five phone numbers to call out, come to the nearest, and then be given a new SIM. Occupying SIM is a trick to appropriate money Exchange with Ho Chi Minh City Law Vo Do Thang, Director of Athena International Security and Network Administration Training Center, said that through the two cases above, it shows that if anyone reports the loss of SIM and only needs to provide five phone numbers to call. going, calling recently, committing to subscriber owner rights to be re-issued with a new SIM is not good at all. This has created a loophole for crooks to steal other people’s SIMs, to the detriment of genuine SIM users. According to Mr. Thang, most of the victims in the SIM loss cases were taken by fraudsters by making online payments. To pay for online purchases, there are three factors: The first is a mobile phone number. The credit card holder must register this phone number with the bank to authenticate transactions and receive bank notifications. The second is the card number (a series of numbers printed on the front of the credit card). The third is the OTP (one-time password) verification code sent to the phone number registered with the bank. In the working minutes and written responses to Ms. H. and Mr. Khai, the network operator confirmed that re-issuing SIM cards to others was not in accordance with the process. Photo: DANG LE. After hijacking the right to use the SIM, the crooks will take the victim’s credit card number to pay online, then use the newly issued SIM to receive the OTP code and complete the payment. The victim’s credit card number has been stolen by the crooks before, appropriating the phone SIM is only the last step to perform the act of appropriating money. According to Mr. Thang, not everyone who loses their phone SIM will lose money in their credit cards and bank accounts. Only when they have had their credit card or account information exposed before can crooks steal money. The victim’s credit card information may be exposed during previous online transactions. The cause is usually because the victim has filled out information on fraudulent websites, installed malicious code on the phone to steal card information, opened attachments of unknown origin or it can also be due to credit institutions. does not guarantee safety in terms of security,” Thang shared. In the working minutes and written responses to Ms. H. and Mr. Khai, the network operator confirmed that re-issuing SIM cards to others was not in accordance with the process. Photo: DANG LE The network operator did the wrong process In both cases mentioned above, in the process of working with customers, the operator has confirmed that the teller when carrying out the SIM reissuance procedure only requires the customer to provide five outgoing and incoming phone numbers. subscriber ownership is not the correct procedure. In response to the recent complaint of VNPT Center in Thai Thuy district, Thai Binh province against Mr. Trieu Duc Khai, it is clear that because of this unfortunate incident, VNPT Center of Thai Thuy district has apologized to customers. The material damage that the impostor causes to the customer, the center will fix and compensate for the loss. As for the case of Ms. ATH, VNPT HCMC said that it will accompany the customer to provide necessary information to serve the investigation agency.

Wearing face masks, Korean girls now invest in elaborate nails, nail polish, manicure with detailed drawings. Despite the negative impact of the Covid-19 pandemic on most industries, many nail salons are still doing well, with a sharp increase in revenue. From being unpopular, Korean girls are now willing to spend tens to hundreds of thousands of won for a nail job. Photo: Stock. Pleasure during quarantine “Since I started working from home, I spend a lot of time painting my nails, trying on colors and drawings that I have never done before,” said Kim Gyu Ri (22 years old) from Daejeon. Lee Ji Eun, 23, from North Gyeongsang, said, “Whenever I look at my pretty nails, I feel so beautiful and well-groomed.” Lee has a hobby of doing his own nails and spends an average of 300,000 won ($270) on essentials every month. Yoon Chae Hyun used to be a regular customer of nail salons, but recently she started making her own to save money. “It will be cheaper on its own in the long run. I can add as many details as I want without worrying about spending extra money,” she said. A set of gel polish usually costs 20,000-50,000 won at Seoul nail salons. Photo: KoreaBoo. “But for those who can afford it, going to work is still worth the experience. Talking to the workers is quite relaxing, they are professionals after all,” she added. Nail art products at home, serving girls who like to tinker by themselves are equally expensive. Nail polish sales at popular Korean beauty stores such as Olive Young and Lalavla both increased by 30-40% last year. “Investing in nail art is like spending money to buy clothes” Nail salons are ubiquitous on the streets of Korea today, but this beauty demand and service only really took off about 10 years ago. According to the Korea Statistical Information Service, the number of nail salons has increased from 10,382 stores in 2016 to 16,464 stores in 2020. “The concept of beautifying nails didn’t exist until the early 2000s. The first nail salon in Korea opened in Itaewon in 1988, but mainly caters to foreign customers,” said Cho A Ra, a nail technician. Professional since 2002, used to be a nail artist for the group Wonder Girls, said. The original nail salons in Korea only used regular nail polish, which peeled off easily and needed frequent repainting. The rise of gel polish, which lasts longer, started gaining popularity after 2012, and is currently the most popular. By 2018, with the promotion of K-pop girl groups like Mamamoo, the trend of adding fake nails is so popular. Korean gel polish is not only popular in kimchi but also in other Asian countries. Photo: Insider. According to Cho A Ra, nail art is not just for beauty. Gel polish provides a protective layer to the nails, preventing them from biting or breaking. “Recently, I see more and more elementary and middle school children being taken by their parents to get their nails done for this purpose,” she said. But before being recognized, she faced many objections about her work. “Many people think that these colorful nails are untidy, only for indecent girls, working as a hostess in a bar. Even my mother did not dare to tell her friends about her daughter’s work, until she was proud of me working with the Wonder Girls.” On the other hand, spending tens of thousands of won on 10 fingers initially shocked many people. Gel polish at nail salons in Seoul ranges from 20,000-50,000 won for simple, one-color coats. The price just keeps getting higher when painting other textures, adding decorative details, especially since crystal nailing is so popular. “A client of mine spent 320,000 won for a manicure. While this may seem absurd to some people because our nails are only a small part of our body, investing in a manicure is like splurging on clothes.” “At the end of the day, you are the one who looks at your own nails the most. Beautiful nails bring self-satisfaction,” said Cho.

“Based on the progress of the program, the budget will likely continue to be replenished. And the $48 million is just the initial investment,” the source from the US Air Force said. The US program to use rockets to deliver cargo on Earth was judged to be unfeasible. According to General Stephen R. Lyons – Commander of the US Transport Command (US TransCom), the use of missiles to transport goods has many advantages compared to the traditional way of using transport aircraft. Using rockets without a chain of aerial refueling aircraft to support the mission; Safe and secret, the opponent has very little chance of shooting down, not having to notify the host country when flying over like how with transport aircraft. The commander of US TransCom confirmed that this is a potential program and that the US Army is working with a team of experts from billionaire Elon Musk’s Space Exploration Technologies (SpaceX) to research and build a rocket that can fly. deliver weapons, military equipment to any place on Earth in less than 1 hour. According to the plan, the initial tests to test the principle will be carried out as soon as 2021. SpaceX has previously demonstrated the ability to land vertically and reuse boosters for its Falcon 9 system on mobile landing sites at sea. But the aerospace technology company has never landed a full payload rocket, and the proposed new rocket will carry four times as much cargo as these rocket flights have tested. There are two possible modes of transport that will be explored – cargo originating from a space base on the US mainland to overseas, or pre-sourcing on a spacecraft operating in orbit. and cargo can quickly leave orbit and land when needed. In partnership with industry, the U.S. Army could develop a prototype of such a space vehicle within the next 5-10 years, which could be used by TransCom to supplement air-to-air logistics operations. sea ​​and on land, including humanitarian assistance somewhere around the globe. TransCom will also have to deal with doctrinal, diplomatic, regulatory and organizational issues to facilitate the standardization of high-frequency launches. If successful, the US will revolutionize the transportation of goods. However, as soon as the US announced the program, the military community of this country pointed out a series of insurmountable difficulties. In terms of technical factors, rockets can only be launched when the weather conditions are relatively good; Poor weather can cause delays lasting up to a week. So a trip that is counted as lasting less than an hour will require significantly longer preparation time. The next problem is cost. According to calculations, a SpaceX Falcon 9 spacecraft with a capacity of 25 tons has a launch cost of $ 28 million. While the 12-hour flight from California to Japan on a C-17 Globemaster III costs $312,000, the cost doubles if the plane flies home to buy more equipment. By best estimates, it costs four times more to ship by rocket than to send the same amount of cargo by plane. However, cost is not everything, especially when hostilities are raging.

Doctors of Plastic and Aesthetic Surgery Department (Thai Nguyen Central Hospital) perform plastic surgery on customers. The price of greed About 8 months ago, Thai Nguyen public opinion stirred up when a young girl had a stroke, lost her eyesight and acute anemia of the forehead, nose and eye sockets after injecting fillers for rhinoplasty at an illegal spa. in the local area. The patient was treated at Viet Duc Friendship Hospital in a state of panic, pain, blindness and skin necrosis on his forehead. With a lot of efforts, the doctors helped the patient to retain a part of his vision, not permanently blind as patients with similar tragedies. At the time of discharge, the patient was able to count fingers and distinguish objects at a distance of 50-60cm. This is an unexpected result of the treating doctors, but it is still the pain of a person who suffers from “lost money, disability” when going to beauty. In addition to the severe accident mentioned above, due to the selection of unscrupulous beauty establishments and illegal practice, many women also had to pay for the services of eyelid surgery, eyebrow lift, rhinoplasty, etc. Ms. HLG, Tan Thinh Ward (Thai Nguyen City) said: Due to hearing ads on social networks, I went to raise my eyebrows at a spa. Now, it’s been 2 months since the surgery, but the scar is still very clear, the eyelids are hanging. After the surgery, the beauty is nowhere to be seen, only sad. Not only have scars, many women after eyelid surgery, eyelid pressing have encountered the situation … big eyelids, small eyelids … Besides, many cases of nose surgery are also at risk because of choosing an unreliable beauty facility. credit. For example, Ms. NML, North-South Street (Thai Nguyen City) is also “extremely distressed” when rhinoplasty is broken at an unreputable facility. She confided: Listening to them recommend that there are good doctors, come to the South to do surgery, the price is a third cheaper than other cosmetic facilities, so I immediately believed. However, after the lift, my nose was deviated. With this type of surgery, if it’s broken for the first time, it will have to be repaired and repaired many times but the beauty effect is not as desired. I fixed my nose 3 times, suffered a lot of pain and expenses, but the results were only considered “temporary”. This is the price for being gullible, gullible and greedy. According to our research, the reason that beauty salons are not reputable, practice illegally but still attract customers is because they have launched many attractive promotions and have many advertising tricks. the fox “goes into people’s hearts”. For example, eyelid pressing service, at the Department of Plastic and Aesthetic Surgery (Thai Nguyen Central Hospital) is being performed for 5 million VND, it only costs 1.5 to 2 million VND at spas… Or as with filler injection services, while cosmetic institutes, hospitals are doing it for 5 to 10 million VND depending on the injection area, many spas only charge 2 million VND for the service fee. Talking to us about this field, Mr. Dang Ngoc Huy, Director of the Department of Health said: The cosmetic services of major invasive surgery on the human body are absolutely not performed at spa facilities for skin care. normally only licensed to perform in clinics and hospitals. Thus, it can be seen that, for economic benefits, many spas in the province have performed many unlicensed cosmetic surgery services. These establishments are defying the risks of their customers to make a profit. “Where to climb if you like dogs” Safe and effective beauty is the “destination” and is also the desire of many women. However, before the “winged” advertisements and sophisticated scams, many women have been “disturbed” with information. Some women, because they want to avoid spas and beauty salons that are not reputable in the province, have come all the way to the capital, but still have to suffer “hanging goat’s head, selling dog meat”. Ms. LTT, Phuc Triu commune (Thai Nguyen city) shared: Surgery to be beautiful is the desire of me and many other women. I don’t care about the money spent, but only about the beauty results. Therefore, I found a cosmetic institute in Hanoi to have surgery, remove fat under the eyes and cut eyelids. I was given priority anesthesia during the surgery. But after surgery, the recovery process is slow, the eyelids are uneven. After that, I discovered that the people who operated on me were mainly young doctors who had just graduated from school and had not yet been granted a practicing certificate. I was very upset, but because there was no evidence, I had to “swallow sweet soap” and promised myself that I would not have access to plastic surgery services anymore. In fact, at many cosmetic institutes in Hanoi, they perform major surgeries in hospitals, but the performer is not a “legitimate” doctor. Because of the surgical process, the customers are under anesthesia, so it is not possible to determine whether the person performing the surgery is a real professional doctor or just a “walking” doctor. Moreover, with the frequency of major surgeries (chest augmentation, abdominal wall formation…) continuously, up to dozens of cases per day as many beauty salons in Hanoi still advertise, many people are in the plastic surgery industry. Beauty, shaping confirmed, every day, doctors are not healthy and lucid enough to perform so many beauty cases. Ms. Nguyen Thi Thuong, from Hung Son town (Dai Tu) said: Through the mass media, I noticed that many places only borrow the reputation of qualified doctors to practice, so the surgical process Cosmetic surgery has many risks. Therefore, each person, when in need of plastic surgery, should consider carefully when choosing a beauty facility. For Thai Nguyen, from August 2020, the Department of Plastic and Aesthetic Surgery (Thai Nguyen Central Hospital) was established and put into operation. This is the only plastic surgery facility in the province licensed to operate, worthy of a reliable address for everyone to choose. With many services such as cosmetic eye, nose, maxillofacial, fat reduction, breast augmentation and many other cosmetic services such as fixing bad scars, sucking underarm sweat glands, reasonable prices, doctors directly perform well-trained surgery…, this place is receiving many positive feedbacks from customers. Ms. NTH, 40 years old, an officer in Pho Yen town informed: I have carried out liposuction and eyebrow lift. After only a week, my eyes have healed and the beauty effect is quite obvious. I look ten years younger and very happy with the result. Besides the wisdom of customers, State management agencies also need to strengthen the bar and check to handle spas that practice plastic surgery illegally, affecting people’s lives and health.

You can buy and install modern kitchen furniture and appliances, but this impression of luxury can be lost when there are items on the dining table that do not match the elegance. It is considered that the items displayed on the dining table are also an important part of kitchen decoration, that is why bowls and plates should also choose a design that matches the style of the kitchen interior. Use a neutral color of wipes Kitchen towels are essential items for any housewife. They are used often and hardly anyone cares. However, this item is important in the kitchen interior. When choosing a cleaning cloth, choose a neutral color. This color of the washcloth can help add style and appeal to the kitchen, making the space look more luxurious. Change faucet style Faucets are not only a place to conduct water, but also an important part of the overall kitchen interior. Currently, grasping the needs of customers, kitchen faucet products also have a variety of designs and colors. Instead of choosing traditional faucets, you can choose white, black or copper colors to help the kitchen interior look unique. Use well-designed jars for dishwashing liquid and dishes In the kitchen, items should be placed within easy reach for convenience. However, the area around the sink with many items such as bottles and jars of dishwashing liquid will not look good. Try pouring this dishwashing liquid into specially designed jars available at hardware stores. This container will help decorate the kitchen, while the space around the sink looks more organized. When choosing a container, you should choose a style that is in harmony with the overall interior. Make curtains for kitchen cabinets It is completely possible to easily renew the interior of the house without spending money. You can add curtains to the kitchen cabinet glass doors. This decor gives a personal style and creates a cozy feeling, hiding the items in the kitchen cabinets. You should choose a fabric that matches the color of the window blinds. Overall similar socket color Sockets that do not match the style and color of the interior will look like picture frames hanging on the wall but look untidy. Sockets can damage the overall interior if not suitable. Therefore, you should choose the socket color that matches the color of the kitchen tiles to make them not too prominent in the overall look. Prepare a box for sundries If there is a space between the kitchen cabinet and the ceiling, many people use it to put things on it. However, you need to prepare a basket or box to put those items in, to avoid clutter and create order. When applying this method, the item is also kept like new, avoiding dust and dirt. Decorate the kitchen with flowers Flowers make the room lively and beautiful, making the space impressive and your mood better. There is no need to wait for a special occasion to arrange flowers that you can arrange every day, creating beauty for the space. Instead of choosing a curtain with flowers, you should put a vase of fresh flowers on the dining table. Dieu Quynh (According to Brightside)

https://dulich.petrotimes.vn/ That precious antique vase was originally for sale at a charity shop in Hertfordshire (England), before being bought by an unnamed man for only 1 pound (about 32,000 VND). After being repeatedly asked to buy by collectors. Realizing that this ceramic vase was very valuable, he decided to bring the vase to see experts for a valuation. He brought it to the Sworders fine art auction center in Stansted Mountfitchet, Essex, where it is said that the vase was made during the Qianlong Emperor (reigned from 1735 to 1796). The vase is marked with a symbol implying that this is not an export product, but an item used to decorate the palace of the Qianlong king. https://dulich.petrotimes.vn/ The vase has a pear shape, designed for wall mounting, with a flat back and ornate front. https://dulich.petrotimes.vn/ On the body of the vase is written a poem praising frankincense and two red markings that mean “of the Qianlong Emperor”. The glaze on the vase is special because it uses yangcai (foreign) enamel on a yellow ground – a color traditionally reserved for emperors. https://dulich.petrotimes.vn/ “The owner of the vase went to the charity shop and chose to buy this item because he liked the way it looked,” said Yexue Li, head of Asian Art at Swaves. In the latest auction, the vase was bought by a Chinese collector for £380,000. After adding taxes and fees, the buyer has to spend £ 484,800 (equivalent to VND 14.3 billion) – 6 times the original price of £ 80,000. The owner of the vase said he felt ecstatic with the money and would use the money to raise his 3-year-old daughter. https://dulich.petrotimes.vn/

Breastfeeding regularly is the most natural way to lose belly fat after giving birth. Every hour breastfeeding you can lose up to 800 calories and do not have to exercise or apply any weight loss measures. Experts recommend that it is best for mothers to maintain an abundant supply of delicious quality milk to breastfeed for 6 months or longer as possible, because not only is the most natural way to lose belly fat after birth, it also helps to shrink uterus after birth, help the baby healthy and intelligent. Sleep on time and get enough sleep Sleep is very important for postpartum women, it helps restore energy, increase metabolism and burn fat, reduce stress and anxiety. Moreover, sleep helps control appetite because when sleeping, the brain releases the active substance leptin, which increases the feeling of fullness. Therefore, the effective way to lose weight after giving birth is to get enough sleep, about 7-8 hours/day is considered “golden sleep” to help women have ideal health and physique, while pulling youthfulness. skin. Walk Heavy exercise after giving birth is not recommended for new mothers. But if you want to exercise regularly, then walking is the right choice. Walking will not only help with weight loss after pregnancy, it will also improve your heart health, release your mood, reduce stress. How to reduce postpartum belly fat with hot salt Hot salt helps you lose belly fat safely. Hot roast ginger with salt, then use a soft towel to roll it on the abdomen, can be combined with massage to get the desired waistline. The salt can be reversed when it has cooled down, hot salt with ginger will effectively support weight loss, the heat will make the body warm up along with the weight loss effect. Cinnamon powder to reduce postpartum belly fat is really safe According to many studies, the use of cinnamon powder to reduce postpartum belly fat will help dissolve up to 300% of belly fat. Apply the most effective way to reduce postpartum belly fat by combining cinnamon powder with lemon and honey. The combination of these three ingredients will give you a delicious, sweet and sour drink that is easy to drink. Mix cinnamon powder, lemon juice, 1 teaspoon beeswax and add a little warm water. You can drink it in the morning. You do this regularly after 2 weeks you will see a change not only in weight but also in waist circumference. This is a popular way to reduce belly fat after giving birth at home.

The European Commission is working on finalizing the digital green pass. This is a passport for people who have been vaccinated against Covid-19 and negative for nCoV. This card allows residents of the European Union and international visitors to travel more easily in the region. According to the AFP , the card can be issued in June. However, from mid-May, many European countries have begun to welcome guests. Each country has its own way of welcoming visitors. Malta The first 38,000 visitors to this country next summer will be given 200 euros per person. Accordingly, visitors must stay a minimum of 3 nights and spend all the money granted. In addition, tourists booking a room on the island of Gozo will receive an additional 20 Euros. Restaurant in Valletta, Malta is open to welcome guests. Photo: Reuters. From June 1, the regulations on distance and restrictions in this country will be lifted. Currently, visitors from all over the world can pre-book their summer vacation in Malta through local hotels to take advantage of the offer. According to data from the World Travel and Tourism Council, the tourism industry accounts for more than 27% of the Maltese economy. From March 2020, the number of international visitors to Malta decreased by 80% because of the impact of the Covid-19 epidemic. France Before the pandemic, France was one of the world’s leading tourist destinations. In 2019, this country welcomed about 90 million visitors. In early May, the government launched a multi-million-euro campaign to attract tourists back this summer. Distance orders and travel restrictions are gradually being lifted nationwide. From May 19, coffee shops in France are allowed to reopen. Shops, museums, and theaters are also open to visitors at this time. People bathing in the sea in Marseilles, France. Photo: AP. In order to avoid a re-epidemic outbreak, the French government will continue to apply regulations, distance and restrict travel if the number of nCoV infections in this country exceeds the milestone of 400 cases / 100,000 people per day. Greek From April, visitors from the European Union, the United States, the United Kingdom, Israel, Serbia and the United Arab Emirates (UAE) do not need to be quarantined for seven days upon arrival in Greece. Currently, the government of this country is promoting a plan to vaccinate people on tourist islands. Greece’s goal is to turn these islands into Covid-free tourist destinations. Private beaches and museums also began to welcome visitors from the beginning of May. On May 21, cinemas will operate with a limited number of screenings to ensure distance. Cruise ships at seaports are also eager to welcome guests back. The Greek government is urgently revitalizing the tourism industry, which accounts for 20% of the country’s GDP. Spain In 2019, Spain welcomed 83.5 million visitors, the second largest in the world after France. The number of tourists visiting the country has dropped by 77% last year, since the global outbreak of Covid-19. From the beginning of May, people in the country are allowed to move outside the living area, the curfew in the Balearic Islands is also being considered to be lifted. Currently, travelers must present a negative test result for nCoV within 72 hours before departure. Each locality in this country has different epidemic prevention regulations. The tourism situation in the city of Palma, Spain is gradually recovering. Photo: DPA. From June 2020, the city of Madrid has opened its doors to tourists in the region. This place quickly became a tourist attraction in Europe amid the pandemic. Tourism typically accounts for 14.1% of Spain’s economic activity. Spain’s tourism minister said the country is expected to welcome 45 million international visitors in 2021. Italy The country plans to introduce the Covid-19 passport in May. The pass is issued to people who have been vaccinated or have tested negative for Covid-19. Tourism Minister Massimo Garavaglia said the pass was issued to visitors from outside the European Union. Currently, cruise operations at seaports in Italy have reopened. Bars and restaurants are allowed to serve guests sitting outdoors. According to data from the World Tourism Organization, the boot-shaped country welcomed about 64.5 million international visitors in 2019.

Acne causes a loss of aesthetics. Milia (scientific name is Syringomas) is a term used to refer to small and benign tumors, usually on the upper cheek or below the eyelid. Sometimes, they can also float on the abdomen, chest area, and genitals. Residual milia is also known as excess skin that rises from the surface of the skin and is connected to the skin by a small stalk. This type of acne is painless, completely benign, and does not grow like malignant tumors. Milia mainly develops in adulthood, between the ages of 25 and 30, and occurs equally in men and women. Syringomas usually appear as small, hard, swollen nodules that range in size from 1mm to 3mm. The skin tags usually grow in small groups and can be yellow, brown, pale pink… Syringoma groups tend to grow symmetrically, meaning they appear the same on both sides of the body at the same location. Banana peel We often throw away the peel after eating bananas. However, banana peels can be a great way to get rid of excess skin blemishes. All you need to do is apply a banana peel to the wart and cover it with tape. Try to keep the inside of the banana peel in contact with the skin. Leave overnight and wash off the area the next morning. Repeat the process, the milia will fall off after a few days. Garlic Garlic can do wonders when it comes to treating skin problems. However, care must be taken while using garlic to treat milia. Take a slice of garlic and place it on the skin that has the acne. Use adhesive tape. It is necessary to replace the new garlic clove every few hours. Do it continuously for about 3 days, the milia will naturally fall off. Lemon Squeeze a few drops of lemon juice onto a cotton pad and apply it to the wart. Make sure you don’t step out in the sun, if you don’t want a tan. You can apply lemon juice three or four times a day. The milia will fall off after two or three weeks.