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Sichuan men are drunk to death after eating the New Year’s party, and when they drink to death, they fall asleep.

2024年2月3日 | admin | aljs

　　"As long as you are in love, you should fall asleep when you drink to death", and the rhetoric on the wine table turned into a real tragedy: last week, Gao Hua (pseudonym), director of the legal service office of Linshi Town, Fuling, hosted a banquet for local cadres, then went home drunk, went to bed and never woke up.

　　Go home drunk and die in bed.

　　Yesterday (January 19) morning, the person in charge of the legal service office of Linshi Town, surnamed Jiang, said that at 1 pm on January 14, Director Gao, who lives in Fuling City, called him and two other comrades in the office to have a group dinner.

　　Jiang recalled that two months ago, he became the director of the institute. On the day of the dinner, Jiang had other business and didn’t go to the group annual banquet. The next day, he received a phone call from Gao’s family, saying that something was wrong.

　　After 1 pm that day, Jiang rushed to Gaojia and learned what had happened: On the evening of 14th, Gaojia went home to sleep with drunkenness after entertaining guests. At 12 noon the next day, I was still in bed. His family called him to get up for lunch, but no one answered.

　　"When the family checked, they found that his body was cold." Jiang said. Afterwards, everyone thought that he was in good health and died of drunkenness.

　　I drank 6 liang of white wine before the accident.

　　According to an insider, there were 13 people who attended Gao Hua’s banquet that day, including two deputy mayors of Linshi Town, two staff members of the grassroots department of the Judicial Bureau, staff members of the Judicial Office of Linshi City and court staff of Linshi Town.

　　The guests recalled that on the same day, Gao frequently toasted the guests during the dinner, and asked everyone to give their support in the work in the coming year. Many guests estimated that Gao had drunk more than six taels of liquor at that time.

　　"He has a good capacity for drinking, and he can drink more than a catty at ordinary times." A guest said. They didn’t expect that something happened when they drank more than six taels that day. Another guest said that on that day, after drinking more than six taels of wine, he was dizzy and faltered.

　　After the dinner, the guests left one after another. The next day, they received news that Gao was unfortunately drunk to death.

　　The family claimed 380,000 yuan from the Justice Bureau.

　　Yesterday afternoon, Xiong Yiping, director of the Fuling District Judicial Bureau, told reporters that after the incident, Gao’s family found the Judicial Bureau and thought that Gao died on business: Gao invited guests to dinner, not for himself, but for the legal service office, so Gao’s family claimed 380,000 yuan.

　　Director Xiong said that the Bureau of Justice only provides business guidance to the legal service office, and the service office has nothing to do with the Bureau of Justice, whether it is personnel or business, so it is impossible to talk about death in the line of duty. However, considering that Gao’s child is only 14 years old and is in the second grade, the bureau decided to give relief to Gao’s family.

　　On the evening of January 16th, with the active handling of the Judicial Bureau, Fuling Grassroots Legal Service Workers Association signed an agreement with its family to compensate for financial difficulties. It was revealed that the compensation was more than 200,000 yuan. The day before yesterday, Gao’s body was cremated.

　　Director Xiong did not disclose the amount of compensation to reporters, but he did not deny the compensation. He said that compensation is being raised and will be paid to Gao’s family on January 23.

　　(3) compensation by government departments

　　According to reports, the government of Linshi Town, the district judicial bureau and the district court, where the guests who accepted the banquet on that day, will give certain compensation for difficulties.

　　The person in charge of the legal service office of Linshi Town, surnamed Jiang, said that the Fuling Grassroots Legal Service Workers Association initiated more than 10 legal service offices in the district to donate money to Gao’s family: each office donated at most 5,000 yuan and at least 2,000 yuan. This sum will also be part of the difficult compensation.

　　There is also a sum of compensation from 13 guests who attended the banquet that day. Director Xiong of the Justice Bureau said: Thirteen guests each donated 1,000 yuan as compensation for Gao’s family. According to the reporter’s understanding, last year, a unit in the district had a treat and a guest was drunk. The court decided to compensate the family members of the deceased according to the proportion of whether the guests participated in persuading or gambling on alcohol.

　　Yesterday, a guest who had donated 1000 yuan said that Gao’s unfortunate death made him feel very uncomfortable, and he would drink less in the future. He believes that this is a tragedy caused by the "wine custom". The wine custom of "as long as the feelings are close, you should fall asleep when you drink to death" and "deep feelings and one mouthful stew" should be abandoned. (Nie Chao Teng Zhouhui)

Editor: wangxin

How to choose the main dish of the group annual banquet？ Hotel chef’s statement

2024年2月3日 | admin | aljs

Jimu journalist Liu Wei

It is the New Year, and a warm and delicious group dinner is an important ceremony that many families look forward to.

The reporter learned that all hotels in Wuhan have carefully planned and launched the chef’s specialty as the main dish of the New Year banquet. How to choose the menu for the group annual banquet? A journalist interviewed two high-quality hotels in Jiangnan and Jiangbei, and asked the chef to teach you to order the most satisfactory special dishes.

Shangri-La: Chefs Join Hands to Think Ingeniously.

On the evening of January 13th, Shangri-La Hotel, Wuhan, held the Spring Festival Tasting Meeting of "Seeking Fragrant Palace, Banqueting with Friends", a private chef’s banquet, which was cooked by master Xu Zhenfang, a master of Chu cuisine, and jointly created by chefs of Cantonese cuisine and Huaiyang cuisine, won unanimous praise from the guests.

The dinner started with a crisp and refreshing four-disc Spring Festival. Then, the executive chef of the hotel led the catering service team, and served a taste of the "Hongyun skinned suckling pig" on behalf of the prosperous lucky strike. The suckling pig’s skin was crisp and oily, and the outside was crisp and tender, fat but not greasy. As the main theme of "taste of the year", it is convincing.

The music of the guqin sounded, and the girl dressed in Hanfu served "seven orifices and exquisite lotus root ribs soup", which can not help but remind people of Su Shi’s "lotus root with red hands in an ice bowl, lotus root with red hands in an ice bowl, long lotus root and long filament lotus root with a smile". Especially the lotus shape made of fish balls and green beans, floating in the soup, fresh and lovely.

Wudang Hericium erinaceus, Danjiangkou Zuiguai, Liaoshen Dongpo pork, authentic Hongshan caitai, and Daimeng Tiger Head Bao … all classic dishes make guests feel the classic taste in traditional memory, and marvel at the new taste bud experience of combining creativity and ingenuity. In addition, the hotel also caters for different dishes, with different tastes of wine, Year of the Tiger brewed white wine and other customized drinks, which makes people feel the charm of wine and food.

According to reports, in addition to the special dishes carefully prepared by Star Chef, Wuhan Shangri-La Store also selected several New Year’s products, including zodiac wine, fragrant white wine, Buddha jumping wall gift box and seafood gift package. In response to the demand of Chinese New Year in Han Dynasty, the hotel also launched a convenient and safe New Year’s Eve takeaway package, semi-finished prefabricated dishes and so on.

Bright and beautiful: the main specialty of Hunan and Hubei

If you want to eat authentic hubei cuisine or special Hunan cuisine, Renaissance Wuhan Guangming Hotel in Xu Dong, Wuchang is a good choice.

It is understood that Master Peng Jian of the Wanlixuan Chinese Restaurant on the second floor of the hotel has many years of cooking experience. He has visited the source of food many times, tasted local flavors and exchanged food culture. At the same time, he kept innovating while following the essence of traditional cooking, bringing diners taste and visual enjoyment. The five Wanli Year of the Tiger family dinners created by Master Peng are most worth looking forward to, which are the surprise experience brought by the special Hubei cuisine and authentic Hunan cuisine.

Slow fire is a long transformation. For modern people, this long-awaited brewing is the best inheritance of food culture. According to reports, the mutton of the main dish "Red Stewed East Goat with Golden Bamboo Shoots" is hot, and the bamboo shoots are slightly cold. The two are both adjustable and moderate. The richness of mutton blends with the fragrance of bamboo shoots, which forms a huge contrast in taste, but it is also impeccable.

Another casserole sauce fish head king, rich in sauce, salty and sweet. The fish head with thick juice and thick taste is slowly stewed with low fire, and the sauce flavor and meat flavor are perfectly integrated. The soup tastes mellow and thick, and the fish head meat is tender, fresh but not fishy, fat but not greasy, which is worth recommending.

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Little brother and sister were burnt to death after playing fireworks in the locked house (photos)

2024年2月3日 | admin | gzxq

　　The girl’s schoolbag left at the scene was covered with a thick layer of ash.

　　Fire scene.

　　Grandpa was burned in the head.

　　Guangzhou Daily reported on March 10th.At 7: 30 pm last night, a fire broke out in a street-facing house in Yanbu, Nanhai, Foshan. A 7-year-old girl and her younger brother under 4 years old were burned alive at home. According to preliminary understanding, before the fire broke out, grandpa went out to call and locked it in the house, and the two brothers and sisters accidentally caused a fire by playing with fire at home.

　　After the fire broke out, grandpa immediately rushed home to open the rolling gate. When he saw the fire, he was nervous and did not rescue the child in time. When neighbors and fire officers and soldiers helped them fight the fire, they learned that there were two children in the house, but it was too late and the children had been burnt.

　　At present, the relevant departments of Foshan Nanhai are investigating this fire.

　　The scene of the incident:

　　The pink schoolbag is covered with dust.

　　The place where the fire broke out was the storefront downstairs of a villager’s self-built building in Hubang New Village, Yanbu, Nanhai, Foshan. The storefront was not open normally, and more than 10 square meters of cabins were divided into "duplex" for home use, with an attic as a bedroom on the top and a hall, kitchen and utility room on the bottom.

　　At 9: 30 am yesterday, the periphery of the incident scene was blocked by the police. The reporter saw that the outside wall of the store was almost blackened, and the house was in a mess. The walls and ceilings were blackened, the boards used as partition walls were burnt into coke, a thick layer of ashes was accumulated on the ground, the front of a motorcycle placed at the door was burnt out, and the washing machine was burnt into waves. There is also a small pink schoolbag on the stool at the door, which is covered with white dust.

　　At about 10 o’clock, the child’s grandfather came to the scene to assist in the investigation, and his forehead was burned. Subsequently, the child’s mother also rushed to the scene. After a night, their mood was slightly calm. With the help of the police, the child’s mother cleaned up the indoor items.

　　At about 11 o’clock, the police took the child’s grandfather to the scene of the fire for identification. At 11: 30, after the basic investigation of the fire scene was completed, the police closed the scene again.

　　Sad memories:

　　The child died after the fire was put out.

　　Alan (pseudonym) lives not far away. She said that at about 7: 30 pm that day, she suddenly found smoke billowing from the incident site. "After more than ten seconds, I heard an explosion, and then I saw the open flame start to jump out." Alan said that she saw her grandfather running out screaming while flapping the flames. She quickly ran to the Tiger List market to find security guards to put out the fire, and at the same time, she and her neighbors took out buckets from home to put out the fire. Two supermarket employees across the street also used fire extinguishers to put out the fire.

　　While everyone was busy putting out the fire, the son of the landlord upstairs suddenly asked his grandfather if there were any children in the house. Grandpa just came to himself at this time and stammered that the two children were still inside. Ten minutes after the alarm, the firefighters rushed to the scene and quickly put out the fire.

　　Auntie said that after the fire was extinguished, the children’s mothers, grandmothers and fathers also came one after another. Grandma rushed into the house to find her grandson, and she fainted at the scene. The child’s mother sat on the ground crying, while the child’s father squatted in the corner with his head in tears.

　　At 11 o’clock last night, in order to avoid the family members from being too sad after seeing the burnt child, the police cut off the power supply near the scene of the incident before the fire officers and soldiers took the child’s body out.

　　On the day of the incident:

　　Before the fire, Miss Sister was happy to eat candy.

　　Ms. Zeng, the grocery store owner who is only five storefronts away from the fire site, told the reporter that the children who were burned to death were two brothers and sisters. The 7-year-old sister was named Lili and the younger brother was only 4 years old.

　　Neighbor Alan said that the two children are very good, and the chubby sister often leads her brother to play at the door. She clearly remembers that on the day of the incident, when Lili passed by her door, she accidentally dropped the candy on the ground and was so anxious that she wanted to cry. Her mother gave her another candy, and Lili ran away happily.

　　Preliminary investigation:

　　Grandpa went out to play fireworks indoors with his younger brother and sister.

　　The reporter learned from the survey in Hubang Market that the resident in Hubang New Village is surnamed Xu, and his family is hardworking and capable. He once ran a rice shop business nearby a year ago, and then found a storefront in the market to start hardware and groceries business. At the same time, he rented No.61, and the Xu family lived in this place of more than 10 square meters. A small utility room was separated by wooden boards as a warehouse. In addition to quilts and mops, there were a small number of fireworks and firecrackers in the warehouse.

　　"Lili’s parents usually do business, while grandpa and grandma take care of their grandchildren at home." Neighbors told reporters that due to the busy business of the grocery store, on the day of the incident, grandma only left grandpa at home to accompany her granddaughter and grandson and went to the market to help herself. At 7: 30 pm, grandpa pulled the shutter to lock the younger brother and sister at home and called a nearby public telephone booth. About 10 minutes later, when he came home, a fire broke out at home. "There is something wrong with his spirit", and he was immediately scared by the thick smoke.

　　Yesterday morning, the police conducted an investigation on the scene of the incident. According to the preliminary investigation results, it may be that the younger brother and sister played with fireworks indoors and accidentally ignited other flammable materials, causing a fire. "They should have set those goods on fire while playing inside," Lili’s grandfather said yesterday.

Editor: Sun Jie

In 2023, China sold 579.696 billion yuan of lottery tickets, a year-on-year increase of 36.5%.

2024年2月3日 | admin | xwxq

　　Zhongxin Jingwei, January 29 th On the 29 th, the website of the Ministry of Finance disclosed the national lottery sales in December 2023.

　　In December, the national lottery sales totaled 53.284 billion yuan, a year-on-year decrease of 8.565 billion yuan or 13.8%. Among them, the sales of welfare lottery institutions was 17.476 billion yuan, an increase of 5.646 billion yuan, an increase of 47.7%; The sales of sports lottery institutions reached 35.808 billion yuan, a year-on-year decrease of 14.211 billion yuan or 28.4%. Mainly due to the high base of the pulling factors of the football World Cup in the same period last year.

　　From January to December, the national lottery sales totaled 579.696 billion yuan, an increase of 155.044 billion yuan or 36.5%.Among them, the sales of welfare lottery institutions was 194.441 billion yuan, an increase of 46.311 billion yuan, an increase of 31.3%; The sales of sports lottery institutions reached 385.255 billion yuan, an increase of 108.733 billion yuan or 39.3%.

　　In terms of types, in December, the sales of lottery digital lottery tickets reached 16.952 billion yuan, a year-on-year increase of 29.3%; The sales of quiz lottery tickets was 22.431 billion yuan, down 47.8% year-on-year; The sales of instant lottery tickets reached 10.224 billion yuan, a year-on-year increase of 214.4%; Keno lottery sales reached 3.676 billion yuan, a year-on-year increase of 47.3%. In December, the sales volume of digital lottery, quiz, instant lottery and Keno lottery respectively accounted for 31.8%, 42.1%, 19.2% and 6.9% of the total lottery sales, and the sales volume of video lottery was 140,000 yuan, an increase of 120,000 yuan year-on-year.

　　From January to December, the sales of lottery digital lottery tickets reached 176.803 billion yuan, an increase of 21.385 billion yuan or 13.8%. The sales of quiz lottery tickets was 246.476 billion yuan, an increase of 65.550 billion yuan or 36.2% year-on-year; The sales of instant lottery tickets reached 119.021 billion yuan, an increase of 59.574 billion yuan or 100.2%. The sales of Keno lottery tickets reached 37.394 billion yuan, up 8.534 billion yuan or 29.6% year-on-year. From January to December, the sales volume of digital lottery, quiz, instant lottery and Keno lottery respectively accounted for 30.5%, 42.5%, 20.5% and 6.5% of the total lottery sales. Video lottery sales reached 1.53 million yuan, up 930,000 yuan year-on-year.

　　By region, in December, compared with the same period of last year, the lottery sales in various provinces in China were mixed, with Hunan, Guangdong, Chongqing and Xinjiang increasing by 231 million yuan, 191 million yuan, 163 million yuan and 138 million yuan respectively. Jiangsu, Zhejiang, Shandong, and Sichuan saw a large decline, with a year-on-year decrease of 1.722 billion yuan, 1.106 billion yuan, 735 million yuan, and 659 million yuan respectively.

　　From January to December, compared with the same period of last year, lottery sales in all provinces in China increased, with Guangdong, Jiangsu, Zhejiang and Shandong increasing by 16.321 billion yuan, 12.946 billion yuan, 12.442 billion yuan and 10.832 billion yuan respectively. (Zhongxin Jingwei APP)

Beginning of winter is coming, Suzhou people eat mutton quickly!

2024年2月1日 | admin | xwxq

　　This Saturday, we will welcome the beginning of winter solar term. In recent days, when the wind blows, Suzhou really feels like winter overnight. The cold weather in the north is inseparable from heating, and Suzhou naturally needs a pot of steaming mutton to cool down.

　　Friends in many places are "biased" against Suzhou people eating sheep. After all, on the style of eating mutton, the roast whole sheep and boiled whole sheep in clear water in northwest China are obviously more deeply rooted in people’s hearts, and the mutton paomo in Shaanxi is a landmark existence. How can the soft and weak tonality of Suzhou Jasper be compared with the bravery of the strong man in the northwest? We are a delicate and graceful school, and it is our strength to cook mutton properly, fresh and not mutton.

　　Dongshanhu sheep

　　Last year, Xiaobian took everyone around Suzhou to find all kinds of delicious mutton practices in Suzhou. Don’t underestimate the ability of Suzhou people to eat sheep. There are many different styles and methods just to stew the sheep. This year, Suzhou’s sheep-seeking plan will continue. I wonder what other delicious mutton can be found?

　　Dongshan baiwei mutton

　　This is the "first sheep" found last year — — Stewed mutton in Dongshan white. Dongshanhu sheep, a local sheep species, is used here, adhering to the ancient method, with the old stove firewood and stone pressure. The cooking time of a pot of sheep is as long as dozens of hours, and the stewed mutton smells fragrant. The key point is that there is no fishy smell. Even the small partners who are afraid of the smell of mutton can even eat several pieces.

　　Lotus leaf bag wrapped in meat

　　The local meat is still wrapped in fresh lotus leaves according to the ancient method, so that you can taste a faint lotus leaf fragrance when you eat meat.

　　White stew is one flavor, and braising in soy sauce is another. Compared with Dongshan, the original school of white soup, the braised mutton in Wujiang pays attention to a thick oil red sauce and chili pepper. This completely different cooking method creates a lingering and overbearing mutton flavor.

　　Taoyuan braised mutton

　　In Wujiang, braised mutton is the first dish to entertain guests, and the braised mutton in Taoyuan is the crowning touch of Sioux City’s food circle. Even the braised mutton skills here are the intangible cultural heritage of Wujiang District.

　　It is said that the skill of non-legacy level, this skill of cooking mutton is really extremely complicated. Relying on decades of experience, the old master knows how to skillfully control the temperature of mutton in the cauldron, and when to skim the foam and cook it is a technique. Finally, after 2~3 hours of cooking, different parts are cooked at different times one by one to ensure that each piece of meat has the best taste.

　　Cut the cooked mutton with scissors and put it into a big bowl, sprinkle with Chili noodles, then scoop in a spoonful of soup, and finally sprinkle with an ecstasy of garlic leaves and millet spicy. In this way, a braised mutton can be served directly on the table and become the protagonist of dinner.

　　Xiao bian grew up eating Shuangfeng mutton. At that time, on the winter weekend, what he most hoped for was a bowl of Shuangfeng braised mutton noodles. Shuangfeng area has now become a mutton landmark in Taicang.

　　Goat meat

　　Shuangfeng mutton is different from Wujiang and other places, and goat mutton is selected, with castrated ram and newly grown female sheep as the best choice. Before Shuangfeng cooks sheep, it needs to go through strict cleaning steps, and manually scrape off the residual fluff on the epidermis one by one. Because Taicang mutton is eaten with skin, this step is very important.

　　Eating mutton in Shuangfeng cannot escape two things: noodles and mutton soup. Shuangfeng mutton must be served with small wide noodles, which are tough and can’t be cooked for a long time. With rich mutton red soup, put a piece of mutton with skin and sprinkle a handful of garlic leaves to serve. The mutton is crisp and rotten, the sheepskin is soft and sticky, and it is delicious and delicious.

　　Shuangfeng mutton noodles, mutton with skin

　　When locals go to Shuangfeng’s mutton restaurant, they will definitely ask for a bowl of "Yangguang Soup" when they sit down. This soup is actually made of mutton soup and sheep blood, and pepper is added to the soup when drinking. Be sure to drink a big bowl while it’s hot, or you’ll get a layer of goat oil on your cold face, and you’ll get a discount.

　　Around Suzhou, you can taste the delicious mutton with different styles in Suzhou, each of which is full of personality and extremely delicious. This winter, Xiaobian will continue to search for delicious mutton dishes in Suzhou, and strive to mark this map of Suzhou mutton in more detail!

Knowledge of real estate finance goes into the ＂Looking at Houses on the Cloud＂ Expo

2024年2月1日 | admin | gzxq

(event site. Photo courtesy of correspondent)

Hunan Daily, January 26th (correspondent Xie Zhenzhen, all-media reporter Huang Lifei) In order to help consumers better understand the knowledge of real estate finance, Changsha Branch of Shanghai Pudong Development Bank recently launched a publicity campaign on the knowledge of real estate finance at the "Looking at Houses on the Cloud" Expo in Xiangjiang New District, Hunan Province.

At the event site, Changsha Branch of Shanghai Pudong Development Bank set up a financial knowledge publicity booth and distributed well-designed brochures covering all aspects of real estate finance. The staff focused on popularizing the knowledge of financial services for new citizens, and answered their questions related to real estate finance, such as entrepreneurial knowledge, loan policy, deposit insurance, etc. through interactive Q&A, helping them to establish a rational investment concept and enhance their awareness of preventing telecommunication network fraud.

This financial knowledge popularization activity has enabled citizens to have a more systematic understanding of the basic knowledge of real estate finance, as well as a more comprehensive and in-depth understanding of bank loan policies and deposit insurance. Changsha Branch of Shanghai Pudong Development Bank will continue to organize activities to popularize financial knowledge, help improve the financial literacy of the public and fully protect the legitimate rights and interests of financial consumers.

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Securities and futures commission starts! Real estate has been the focus of great benefits.

2024年2月1日 | admin | xwxq

　　As one of the important channels of real estate financing, private equity funds have started to invest in real estate, and the scope of investment in real estate is wider than in the past.

　　On February 20th, the CSRC issued a notice saying that in order to further give play to the advantages of diversified asset allocation and professional investment operation of private equity funds, meet the reasonable financing needs in the real estate sector, and promote the real estate market to revitalize the stock, the CSRC launched the pilot work of private equity investment funds in real estate.

　　According to the requirements, the investment scope of real estate private equity investment fund includes specific residential buildings (including stock commercial housing, affordable housing, market-oriented rental housing), business premises, infrastructure projects and so on.

　　The CSRC also indicated that foreign investors are encouraged to invest in real estate private equity investment funds in the form of QFLP (Qualified Foreign Limited Partner).

　　Later that day, under the guidance of the CSRC, asset management association of china drafted the Guidelines for the Pilot Filing of Real Estate Private Investment Funds (Trial) and officially released it, which further clarified the scope of real estate investment and the pilot requirements for managers.

　　Zhang Ping, executive director of IFFRE (International Financial Real Estate Alliance) and chairman of BOMA China Research Committee, said that in recent three years, due to the epidemic, economic challenges and market fluctuations, many housing enterprises have been thundered due to the break of capital chain, and financial institutions have been forced to hold assets in debt-for-equity swaps, but they lack the ability to actively manage them, so there have been many special opportunities and countercyclical structural opportunities to buy distressed assets at a discount.

　　"Last year, the investment in the national block trading market was about 220 billion yuan. It is expected that the activity of real estate investment transactions and the investment in block trading will increase significantly this year, and the real estate investment market will be very active." Zhang Ping said.

　　"Using private equity funds to revitalize operating real estate will be an important direction of the new development model of real estate. Investors can also allocate real estate through real estate funds. " A private equity fund said that the development opportunity of real estate private equity investment funds has come.

　　━━━━

　　Private equity fund investment in real estate pilot started

　　By the end of 2022, there were 838 private equity real estate funds in asset management association of china, with a scale of 404.3 billion yuan; There are 1424 private equity infrastructure funds with a scale of 1.21 trillion yuan, which are mainly invested in commercial real estate, transportation infrastructure, logistics and warehousing, and municipal engineering development and construction.

　　These products have played an active role in supporting the stable and healthy development of the real estate market, promoting the real estate market to revitalize the stock and transform the development.

　　However, because the investment scope, investment mode and asset return characteristics of real estate private equity investment funds are quite different from those of traditional equity investment, the CSRC instructed the fund industry association to set up a new category of "real estate private equity investment funds" under the framework of private equity investment funds and adopt differentiated supervision policies.

　　The CSRC has made it clear that the pilot work is based on the principle of pilot first and steady progress. Private equity investment fund managers who meet certain conditions can raise and set up real estate private equity investment funds in accordance with the pilot requirements to conduct real estate investment pilots.

　　According to the requirements, the managers of private equity investment funds participating in the pilot work must have stable ownership structure, sound corporate governance and paid-in capital meeting the requirements. The main investors and actual controllers must not be real estate development enterprises and their related parties, have real estate investment management experience and real estate investment professionals, and have not committed any major violations of laws and regulations in the last three years.

　　The CSRC believes that, considering the characteristics of large-scale and long-term real estate private equity investment funds, investors need to have higher risk identification ability and risk-taking ability, and the first round paid-in investment of investors in pilot fund products is not less than 10 million yuan, mainly institutional investors.

　　For real estate private investment funds holding more than 75% of the equity of the invested enterprise, a small number of ultra-high net worth natural person investors can be introduced in a limited proportion to prevent stakeholder risks. The total contribution of natural person investors shall not exceed 20% of the paid-in amount of the fund.

　　The scale of the first round paid-in raised funds of real estate private equity investment funds shall not be less than 30 million yuan, and it can be raised on the premise of meeting certain requirements; At the same time, foreign investors are encouraged to invest in real estate private investment funds by QFLP.

　　In order to strengthen the risk prevention and control in the field of real estate investment, the policy also makes it clear that private real estate investment funds should be under compulsory custody, and managers are strictly prohibited from using the fund property to invest in enterprises or projects controlled by their actual controllers.

　　According to the CSRC, private equity fund managers who meet the requirements of the pilot can submit relevant materials to the China Foundation before carrying out business activities such as fund raising and management, carry out pilot projects of real estate private equity investment funds, and file products in accordance with regulations. Private equity investment fund managers who do not participate in the pilot can continue to carry out equity investment business such as affordable housing, commercial real estate and infrastructure in accordance with the relevant self-discipline rules of the Association.

　　Bai Wenxi, chief economist of IPG China, said that while actively promoting the expansion of the real estate private equity fund pilot to specific commercial housing, promoting real estate financing and promoting the recovery of the real estate industry and the recovery of the market, prudent measures have been taken to steadily promote the real estate private equity fund pilot, such as improving investor access standards, strict supervision, and strengthening industry guidance. This shows that the CSRC has taken a prudent attitude of actively promoting and being cautious and supervising at intervals.

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　　Revitalize the existing assets of housing enterprises and guarantee the delivery of buildings.

　　In the past, private equity funds can also invest in the residential market, and once served as an important source of investment and financing for housing enterprises. However, after asset management association of china issued the Record Management Standard No.4 in 2017, the investment of private equity funds in the residential market has been basically restricted.

　　Last November, at the annual meeting of Financial Street Forum, Yi Huiman, Chairman of China Securities Regulatory Commission expressed the policy attitude that the capital market supports the stable and healthy development of the real estate market.

　　At that time, when answering a reporter’s question, the spokesman of the CSRC said that it would actively play the role of private equity investment fund in supporting equity financing of real estate enterprises. Piloting private real estate investment funds, allowing qualified private equity fund managers to set up private real estate investment funds, introducing institutional funds, investing in existing residential real estate, commercial real estate and infrastructure, and promoting real estate enterprises to revitalize operating real estate and explore new development models.

　　Report to the 20th CPC National Congress of the Party also made it clear: "Accelerate the establishment of a housing system with multi-agent supply, multi-channel guarantee and simultaneous rent and purchase."

　　Now, real estate private equity investment funds came into being. In addition to investing in infrastructure, we can also invest in existing commercial housing, affordable housing, market-oriented rental housing, commercial operation housing and so on.

　　A real estate securities person said that allowing qualified private equity institutions to set up real estate private equity investment funds, on the one hand, is to solve the problem of the source of funds for "Baojiaolou" and incite social funds to participate through some high-credit funds; On the other hand, it can also introduce new funds for the current residential and commercial real estate, revitalize the stock of operating real estate of housing enterprises, and ease the financial pressure of housing enterprises.

　　For private equity institutions and domestic and foreign institutional investors, it may mean that the real estate "bargain-hunting" opportunity is coming.

　　From the international experience, some large and successful private equity institutions often have a considerable proportion of real estate investment projects, which is an important source of their profits. The data shows that Blackstone’s real estate fund business has raised about 25% of Blackstone’s total fundraising since 2016, and the distributable profit accounts for nearly half of Blackstone’s total, which is the "ballast stone" for Blackstone’s scale and profit growth.

　　Zhang Ping said that the investment strategy of real estate private equity funds mostly depends on the investment preferences of institutional cornerstone financial investors (LP), and their investment preferences are comprehensively determined by the source, nature, term, balance of income and risk.

　　For example, she said that insurance funds are often the main cornerstones of private real estate funds because of their large amount of funds, capital investment and allocation needs. However, insurance funds cannot be invested in the field of stock commercial housing. It is expected that pre-REITs (public offering REITs front-end link) real estate private investment funds with affordable housing, market-oriented rental housing and infrastructure projects as the underlying assets and stable cash flow will be favored by insurance funds first.

　　The CSRC also made it clear that "overseas investors are encouraged to invest in real estate private investment funds by QFLP". In Zhang Ping’s view, this indicates the scope and channels of investment targets of overseas institutional investors, which helps to enhance the confidence of overseas LPs.

This article is from: China Real Estate News.

Author: Xu Qian

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China Automobile Association： In 2023, the operating income of automobile manufacturing industry was 10,097.58 billion yuan, up by 11.9% year-on-year.

2024年2月1日 | admin | xwxq

According to the data of the National Bureau of Statistics compiled by China Automobile Industry Association, in 2023, the operating income of the automobile manufacturing industry reached 10,097.58 billion yuan, up 11.9% year-on-year, accounting for 7.6% of the total operating income of industrial enterprises above designated size.

Shenma Power： The Second Restricted Stock Incentive Plan

2024年2月1日 | admin | aljs

The chairman and general manager of Shenma Power are all Ma Bin, male, 53 years old, with a junior high school education background.

As of press time, the market value of Shenma Power is 8.3 billion yuan.

1. Shenma Power’s shareholding in northbound capital increased by 339,200 shares in the past 30 days, accounting for 0.08% of the outstanding shares;
2. In the past 30 days, no organization has conducted research on Shenma Power.

(Reporter Cai Ding)

Shoulder the heavy responsibility of new energy transformation？ Beiqi Foton and the three parties jointly set up Calvin Automobile, laying out hydrogen energy and pure electric tracks.

2024年2月1日 | admin | gzxq

Commercial vehicle market welcomes new players.

A few days ago, Kavan Automobile, a brand of new energy commercial vehicles, was officially released. The brand was jointly established by Foton Motor, Yihuatong, Bosch Venture Capital under Bosch and Boyuan Capital. According to Qin Zhidong, general manager of Calvin Automobile, Calvin Automobile will lay out technical routes such as pure electric and hydrogen fuel cells, which will be launched in domestic and overseas markets in the next three years.VAN(van), light truck, heavy truck and other series models.

Image source: Photo courtesy of the enterprise

Although it is presented in a brand-new image, Calvin Automobile is actually a holding subsidiary of Foton Motor. Enterprise survey data shows that the registered capital of Beijing Kawen New Energy Automobile Co., Ltd. isfiveOne hundred million yuan, of which Beiqi Foton Motor Co., Ltd. holds it.65%Shares of Bosch Venture Capital, Boyuan Capital and Yihuatong respectively hold the company.10%Shares in. In addition, the legal person of Beijing Kawen New Energy Automobile Co., Ltd. is Chang Rui, Party Secretary and Chairman of Foton Motor.

Image source: enterprise check screenshot

“Fukuda owns1200A number of new energy-related patents, the industry’s top commercial vehicle design, manufacturing and production capabilities, and20Years of experience in research and development of new energy products and industrial operation will empower Calvin Automobile in different ways. Qin Zhidong said.

In fact, new energy commercial vehicles are the key layout areas of Foton Motor in recent years. Last year, Foton Motor released a new energy strategy.2.0, establish Futian new energy30·50Business strategy, namely2030The annual proportion of new energy vehicles exceeds50%,2050Realize carbon neutrality in the whole value chain in. At Foton Motor2024At the global partner conference, Chang Rui said,2024In, Foton Motor will focus on.VANAnd micro-cards, actively develop the new energy market and increase the total sales.70The target of 10,000 vehicles launched an impact.

Or it is based on the overall strategic layout of Foton Motor that Calvin Motor came into being, and from the perspective of shareholder composition, hydrogen fuel cell models will become its main direction in the future. On the one hand, Foton Motor has mastered the technology of hydrogen energy commercial vehicles and has240kWFuel cell heavy truck,forty-nineTons of liquid hydrogen heavy trucks, long-distance trunk logistics transportation hydrogen energy heavy trucks, and4.5Tons of hydrogen fuel light truck, Ou ManESTHydrogen fuel heavy truck,18Tons of hydrogen energy washing and sweeping cars and hydrogen fuel intercity buses and other products, covering passenger cars, logistics, cold chain, sanitation, dump trucks, traction and other series of vehicles. At the same time, Yihuatong is a domestic head fuel cell system manufacturer, which2023The annual installed capacity is about158995.6kW, the market share is about23%.

On the other hand, under the background of the overall recovery of domestic commercial vehicle market, the characteristics of new energy are remarkable. According to the data of China Automobile Association,2023In, domestic commercial vehicle production and sales were completed respectively.403.7Ten thousand vehicles and403.110,000 vehicles, up respectively from the same period of last year.26.8%and22.1%. Among them, the proportion of new energy commercial vehicle production and sales in the overall production and sales of commercial vehicles is respectively11.5%and11.1%. China electric vehicle committee of 100 predicted that,2024Sales of new energy commercial vehicles will break through in.60Ten thousand vehicles, the penetration rate of.15%, to achieve a double increase in volume rate.

However, it should be noted that it was released by many commercial vehicle companies.2024In the strategic plan of 2008, new energy and globalization are the main points of strength, which means that Calvin Automobile will face greater competitive challenges. According to the incomplete statistics of national business daily, up to now, many commercial vehicle companies such as Dongfeng Company, China Heavy Duty Truck and faw liberation have mentioned that,2024New energy transformation will be accelerated in 2008.

In addition, the reporter also learned from many insiders that there are still difficulties in the large-scale popularization and application of hydrogen fuel cell vehicles. From the perspective of commercialization of the hydrogen fuel cell industry chain, a larger-scale transportation application is needed in the future, and the cost of hydrogen fuel cells can be further reduced.

For example, a related person from Yihuatong said in an interview that the large-scale application of hydrogen fuel cells is still facing the problems of economy and convenience. Among them, the convenience is similar to that of pure electric auto start, and the number and layout of hydrogen refueling stations, that is, the convenience of energy replenishment, will affect consumers’ enthusiasm for using fuel cell vehicles. However, in contrast, the fuel cell recharge time is shorter, and the construction of subsequent hydrogen refueling stations keeps up, which is easy to break through.

"In the future, the application prospects of hydrogen fuel cells in commercial vehicles such as heavy trucks and buses are good, and it will take time to popularize them in other fields." Zhongguancun hydrogen energy industry alliance said.

national business daily

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