首页

　　() The Record Form of Investor Relations Activities was released on January 30, and the company was investigated by 84 institutions on January 29, 2024. The types of institutions are QFII, insurance companies, others, fund companies, overseas institutions, securities companies and Sunshine private equity institutions. The main contents of investor relations activities are introduced:　

　　I. Ms. Shen Jingwei, the director and secretary of the company, introduced the overall situation of the company in 2023. Dear investors, good evening, I am Shen Jingwei, secretary of Runze Technology. Thank the Changjiang team for organizing this meeting for us, and welcome everyone to attend the 2023 annual performance forecast exchange meeting tonight. In the last month, the market expectation was weak, and there were many market corrections, but we are still full of confidence in the market, and we also cheer everyone up. I hope everyone will have confidence. The company has been deeply involved in the field of digital economy for 15 years, and has always insisted on continuous and large-scale investment in the fields of intelligent computing power and computing power infrastructure. Although the competition in the data center industry was fierce in the past year, it was also the biggest opportunity in the data center industry in the past decade. In the industry, we think that 2023 is the "first year of liquid cooling" and also the "first year of intelligent calculation". In terms of technology, the power of single cabinet in the market has jumped, and new liquid cooling technology has been gradually applied. In terms of demand, there are large AI artificial intelligence model customers in the market, and the demand is growing very fast. Let me briefly talk to you about the latest performance of the company in 2023. Financially, the company achieved a net profit of 1.75-1.85 billion yuan in 2023, a year-on-year increase of 46.05%-54.39%; The net profit after deducting non-homecoming was 1.74-1.84 billion yuan, a year-on-year increase of 52.91%-61.70%. Since its establishment in 2009, the company has always adhered to the super-large-scale park-level model, and has been in the early stage of investment loss for the first ten years.In 2019, it began to make a profit, and in that year, it realized a net profit of 108 million yuan, which was not returned to the mother. Up to now, it has achieved rapid growth for four consecutive years, with a compound annual growth rate of 100.26%-103.08%. Business: 2023 is a very important milestone year for the company. Before 2022, all the company’s income came from Langfang Park. In 2023, foreign parks were put into operation one after another, and the company officially entered a new stage of contributing income from one park to three parks. In 2023, the company delivered five new data centers, three from Langfang, one from the Yangtze River Delta and one from Guangdong-Hong Kong-Macao Greater Bay Area, with a total delivery of about 3w cabinets. By the end of 2023, the company had delivered 13 data centers and nearly 8w cabinets, and the number of cabinets delivered increased by 65.22% compared with the end of 2022. In addition to the rapid growth in the number of deliveries, the cabinet power delivered by the company in combination with market demand in 2023 has also been greatly improved compared with previous years. In 2023, the company delivered the whole pure liquid-cooled intelligent computing center with a single cabinet power of 21.5KW and the high-density air-cooled data center with a single cabinet power of 10.5KW, and gradually upgraded the low-power cabinets in Langfang Park. In terms of shelving rate, the original data center still maintains a high shelving rate, and the shelving speed of the newly delivered data center is in line with expectations, with the shelving speed of liquid cooling and high-density air cooling reaching the best level in history. The stable operation of the original data center and the gradual delivery of the new data center provide a stable profit source and cash flow increment for the company’s performance development.Power supply: The company’s self-built 220KV substation was put into operation this month. The substation is very high in configuration, with a total capacity of 4 * 240,000 KVA transformers, and the maximum power supply is as high as 960MW. The power supply of the whole Langfang Park is directly increased by more than 2 times, which can at least meet the rapid development of Langfang Park in the next five years and provide the most powerful guarantee for the company to undertake the growing demand of digital economy industry in Beijing, Tianjin and Hebei. New business of AIDC Intelligent Computing Center: In 2023, the company delivered the first pure liquid-cooled intelligent computing center in the industry. With a deep customer trust foundation, the company established a strong first-Mover advantage and accumulated rich experience in the design, research and development, construction and operation and maintenance of liquid-cooled intelligent computing centers. Benefiting from the rapid growth of demand for intelligent computing driven by the application of liquid cooling solutions and the outbreak of AI artificial intelligence, the company is cooperating with its ecological partners in the industry, Qi Xin, to deploy large-scale computing modules. The large team has the full link delivery capability of computing modules and the technical level is leading in the industry. New layout: 2023 is the third year for the company to acquire resources, and it is located in Danzhou, Hainan, with an overall planning of about 30,000 cabinets.

　　Second, investors are more concerned about the issue

　　Q: The performance has exceeded the market expectation. What about the traditional IDC customers, customer structure and the proportion of head manufacturers?

　　A: There is no essential change in the customer structure of the traditional IDC business, but the main change is the increase in the power of the delivered single cabinet. At present, the market demand for high-power cabinets is relatively strong, and the demand for cabinets below 5KW is gradually shrinking. Therefore, the shelves of high-power air-cooled and ultra-high-power liquid-cooled cabinets delivered by our mainstream in 2023 are very fast.

　　Q: What is the current market competition pattern? What is the market demand and when will the inflection point appear?

　　A: First of all, let’s limit the scope: first-tier cities and surrounding areas. 2023 is the most competitive year for traditional IDC. On the supply side, the market is constantly clearing out, even if it has not reached the inflection point, it is approaching the inflection point. This can refer to whether the shelf rate of first-tier cities is improving. If the improvement indicates that the inflection point has appeared; On the price side: In 2023, there were many large-scale accidents in Internet companies, cloud vendors and even financial industries all over the country, which will force end customers to pay more attention to the quality of service and the price will improve. Therefore, we judge that the inflection point of first-tier cities, whether on the left or on the right, is very close to the current time. Secondly, let’s talk about the current market situation. There are three types of cabinets in the market: traditional IDC rooms, modern IDC rooms and future AIDC rooms. Traditional IDC computer room: mainly produced in 2016 -2019, this kind of cabinets seized the dividend of the rapid development of mobile Internet. At that time, the market was in short supply, and the cost was recovered very early and the profit was realized. The characteristics of this kind of computer room are: small scattered points and average overall quality. At present, the difficulties are: after the servers that were put on the shelves gradually expired in 2017 -2019, they were continuously put off the shelves. Due to the small scale, high PUE and difficult transformation of such computer rooms, the head Internet or cloud vendors will not return their rents after they are taken off the shelves. They are under great pressure to take off the shelves and also face great transformation pressure. Modern IDC computer room: mainly produced in 2021 -2023,Due to the shortage of traditional IDC computer rooms before 2019, and the encouragement of new infrastructure at that time, many new market entrants poured into the industry, and this part of computer rooms were put into the market one after another in 2021, resulting in short-term oversupply in the market. With the introduction of policies such as "double carbon" and "calculating from the east to the west", the supply balance was alleviated to some extent. Due to centralized supply, and the traditional computer room has recovered its cost, it is also constantly reducing its price. At present, this kind of computer room is facing a low shelf rate and is in a difficult stage of recovering its cost. The future AIDC computer room was mainly produced in 2023. Due to the rapid outbreak of AI demand, the market put forward higher requirements for computing power per unit area. Now the IDC computer room can’t meet the transformation needs of AIDC. At the same time, AIDC needs multi-parties to participate in the planning and design, which is technically difficult and the investment scale is relatively large. Because the existing IDC participants were injured in previous years, their overall participation enthusiasm is not high. On the contrary, there are more cross-border participants, but the future AIDC computer room needs more. Let’s talk about our situation again. Since its establishment, Runze Technology has been focusing on ultra-large-scale park-level data centers, and there is no pressure on the removal of traditional IDC rooms. At the same time, the company actively controlled the delivery pace. The early delivery rate of eight modern IDC rooms exceeded 90%, so it has the resources, technology and strength to develop AIDC rooms. Regarding the market demand, it is divided into two parts: 1. As for the general server, because the market traffic is still increasing,The total number of servers in the overall market is still increasing. Although the growth rate of server demand is declining due to various capital expenditure plans, some new large-scale bidding orders can still be seen in the open market. 2. In terms of high-performance servers, AI broke out in February 2023, when the market was in a wait-and-see state. In the second half of the year, the market began to really invest. At present, the overall investment of customers who insist on making large models is not small, and foreign large models are also developing rapidly. Although domestic chips are limited to some extent and the development speed is also very fast, we should have full confidence in domestic related manufacturers.

　　Q: What is the difference between traditional IDC services and AIDC services? Is AIDC technically difficult?

　　A: Traditional IDC mainly serves general-purpose servers, that is, traditional X86CPU servers. Traditional IDC mainly focuses on how many basic resources we have, how many cabinets we can build and how many servers we can carry from the perspective of our own resources. AIDC business mainly serves high-performance servers, that is, GPU servers. AIDC mainly focuses on how much computing power the customer requires per square meter to provide and how large a computing power cluster to build. Therefore, the whole building of AIDC is equivalent to a super server. AIDC manufacturers need to organize the design of the internal architecture of this super server, and at the same time, they need to pay attention to "short distance", "high density", "high speed", "network architecture" and "expanding resources". I’ll give you some concrete technical examples. A computing POD is 64 high-performance servers, which is a layer of network. The two-tier network is spine-leaf. According to the calculation of 8 high-performance servers with a single port of 400G, the two-tier network of high-performance switches can interconnect 256 high-performance servers, and the three-tier network is core-spine-leaf, which can interconnect 8192 high-performance servers at the maximum. At the same time, the power demand of a high-performance server is 10KW, which also puts very high demands on the cabinet side. Therefore, it is very difficult to achieve such a large cluster interconnection. At present, there are very few manufacturers in the market who have built a three-tier network architecture.However, our joint ecological partners belong to a few who can do it, whether it is IB networking or RoCE networking. In addition, with regard to the delivery of large clusters, it is the first step to have equipment, but also to be able to buy enough auxiliary materials (cables and modules) to understand the track optimization of IB network. At the same time, it has the debugging ability of IB network, the tuning ability of server side, the understanding of large model communication library, and even the need to write monitoring software. Many factors are superimposed to have the full link delivery ability of large clusters, and even large manufacturers generally have their own "disassembly, modification and distribution" workshops. Because the motherboard design ideas of different brands of servers are different, when the same cluster involves multiple brands and specifications, it needs to be configured in a unified way. At this time, a "disassembly and assembly" workshop is needed to carry out standardization operation to improve efficiency, and at the same time, it is necessary to understand the motherboard design topology of different models of server manufacturers in order to facilitate the optimization of large clusters. It is difficult for any single manufacturer to do these things. We have also combined with many eco-partners. Qi Xin worked together to build a computing module to understand these things. Our technology and resources in this area are in the leading position in the industry.

　　Q: What is the revenue and net profit of IDC business and AIDC business in 2023? Why did the actual profit in 2023 communicate better than that in the performance briefing of the third quarterly report, and what part of the contribution mainly came from?

　　A: In 2023, the company’s operating income was about 4.4 billion yuan, of which AIDC business was less than 1 billion yuan, including our liquid cooling business and intelligent computing related business. Due to more company deliveries this year, the gross profit margin and net profit margin of traditional IDC business have been affected. The overall gross profit margin of AIDC business is about 40%, but it has developed rapidly. The actual profit in 2023 was better than that in the performance briefing of the third quarterly report, mainly due to the rapid growth of demand for intelligent computing driven by the application of liquid cooling solutions and the outbreak of AI artificial intelligence, the smooth expansion of new AIDC-related businesses and the continuous expansion of corresponding revenue scale.

　　Q: What is the future delivery plan communicated with customers and the future capital expenditure?

　　A: Our business model is based on sales and production. At present, there are still 4-5 data centers under construction in China. If customers have a clear demand for new orders, the company can complete the delivery quickly and need some new capital expenditure. Since the second half of 2023, the company has felt that the demand for AIDC business is relatively strong, so Heping Lake in Langfang Area B is planned according to AIDC mode. The company’s Langfang A data center has grasped the wave of mobile Internet in 2016-2019 and achieved good development. Pinghu, Zhejiang plans to become an intelligent computing center, hoping to seize the opportunity of AI development. At present, this piece of progress is relatively smooth, and it has also achieved a certain market position and popularity. The local government has also given some basic resources support. At present, the company has also established a stable ecological partnership with end customers, network cards, switches, servers and other manufacturers, and jointly completed the design of AIDC computer room. Business development stems from design, and design promotes customer strategy, which has formed a benign positive cycle.

　　Q: The specific composition of the company’s business, the removal of traditional IDC friends, and the company’s leaseback.

　　A: In 2022, the company’s traditional IDC business income was 2.7 billion, and in 2023, the traditional IDC business income was about 3.5 billion, an increase of 30%. The increase mainly came from: two buildings were full this year, and two new traditional buildings were added, and the shelves were not bad. During the reporting period, the company took the initiative to speed up the upgrading of low-power cabinets. The power of cabinets delivered in the early stage was mainly 4.4KW. At the end of the service of the servers carried by the aforementioned low-power cabinets, the company quickly upgraded them. At present, some low-power cabinets have been upgraded and have begun to be rented back. AIDC business mainly includes liquid cooling and intelligent calculation business.

　　Q: What is the synergy between AIDC business and traditional customers? How many traditional customers have been introduced into AIDC business? How many AIDC customers are waist customers? How long is the signing span of AIDC business?

　　A: Big model customers need computing power, algorithms and data. At present, there are mainly two types of customers in the market, one is large Internet companies and cloud vendors, and the other is entrepreneurial AI model companies, which is what everyone calls waist customers. We think that 2023 is the "first year of smart calculation". After another 3-5 years, waist customers will run out of great companies. Regarding the types of customers, we have signed a strict confidentiality agreement with our customers, and even the company will give customers a code name, so it is not convenient to say too much.

　　Q: How to predict the company’s performance in 2024, and are you confident in the completion of its performance commitment in 2024?

　　A: The company is full of confidence in its performance in 2024 and more confident in its performance commitment in 2024. In 2024, the company will continue to take the differentiation strategy: first, in terms of traditional IDC business, the company will mainly supply high-power cabinets that are scarce in the market in the future. The five data centers delivered in 2023 will continue to steadily increase the shelf rate in 2024, and make steady contributions to the performance together with the original eight data centers. Second, in terms of AIDC business, many AIDC customers of the company are growing sturdily and the demand for AIDC is increasing. Therefore, the company will continue to cooperate with ecological partners to the greatest extent, create an ecological circle of computing power, provide the most effective computing power, and then obtain business orders from the reasoning side with a larger market scale. Third, in 2024, the company will still combine the market demand and gradually deliver multiple data centers in Beijing-Tianjin-Hebei, Yangtze River Delta, Chengdu-Chongqing, Guangdong, Hong Kong and Macao to meet more customer needs and steadily improve the company’s performance.

　　Q: Is Foshan IDC or AIDC?

　　A: The first building delivered by Foshan is still a traditional data center, and there are also customers communicating, which can be transformed according to customer needs. AIDC is also an important development direction in the future.

　　Q: What is the progress and shelf rate outside Langfang?

　　A: Pinghu was put on the shelves slowly in the first three months, but now it is put on the shelves quickly. Foshan just delivered it at the end of the year, and the early stage is in the running-in stage, which is also in line with the company’s expectations. At present, the time is short and there is no reference.

　　Q: What is the trend of AIDC gross profit margin?

　　A: There was no AIDC business in previous years.

　　Q: What is the proportion of high-power cabinets in 2024?

　　A: Langfang Area B and Pinghu Phase II are both planned by the Intelligent Computing Center. In addition to high-power liquid cooling, at present, the company’s air cooling can be up to 40KW, and the company will mainly deliver high-power cabinets in the future, and the lowest power delivered in the future can also be 7KW, and the low power will be mainly used as cache nodes.

　　Q: Will the structure of IDC and AIDC change further in 2024? Will it maintain a steady year-on-year growth in 2024?

　　A: The traditional IDC business will continue to grow steadily. AIDC is not easy to predict. On the one hand, supply will affect business development, and on the other hand, the outbreak time of AIDC application side is uncertain. If it breaks out, the growth will be very rapid.

　　Q: What is the company’s dividend expectation?

　　A: At present, the company’s dividends are relatively stable, and it is also actively giving back to institutional shareholders and small and medium investors. The specific plan needs to wait until the annual board of directors puts forward a plan;

　　Details of participating institutions are as follows:

　　At the beginning of 2023, the state subsidy for new energy vehicles of up to 10,000 yuan was officially withdrawn.

　　According to the Notice on the Financial Subsidy Policy for the Promotion and Application of New Energy Vehicles in 2022 issued by the Ministry of Finance and other four departments, the national subsidy policy for the purchase of new energy vehicles will be terminated on December 31, 2022, after which the licensed vehicles will no longer be subsidized. Under the national subsidy policy in 2022, the subsidy for plug-in hybrid vehicles is 4,800 yuan, the subsidy for new energy vehicles with a cruising range of 300-400 kilometers is 9,100 yuan, and the subsidy for vehicles with a cruising range of over 400 kilometers is 12,600 yuan.

　　Recently, the reporter from The Paper found that there are "various" countermeasures for auto companies to withdraw from the State Compensation Fund: some companies directly announced price increases, others made high-profile promises not to raise prices, and some companies launched preferential promotions on the basis of not raising prices. In addition, many companies chose to stay put.

　　This year’s withdrawal of state subsidies means that the cost of new energy vehicles has increased by about 10 thousand yuan, and whether this part of the cost will be borne by car companies or passed on to consumers has become the focus of market attention.

　　Price hike: pass on part of the cost, but less than 10,000 yuan.

　　The earliest official announcement of price increase was BYD, the leader of new energy vehicle enterprises.

　　On November 23rd, last year, BYD released the Explanation on Vehicle Price Adjustment, announcing that the official guide prices of its Dynasty, Ocean and Tengshi new energy vehicles will be adjusted on January 1st, 2023, with the increase range ranging from 2,000 yuan to 6,000 yuan. The notice said that this price adjustment is related to the withdrawal of new energy vehicles, but it is still affected by the price increase of batteries. On December 31, 2022, BYD Auto issued a notice again to officially confirm the price increase news.

　　After BYD, some car companies followed suit and announced price increases.

　　On November 30, 2022, GAC Ai ‘an issued a statement saying that the countries that have been licensed after December 31, 2022 will no longer give subsidies (existing subsidy amount: 12,600 yuan/vehicle for pure electric vehicles); At the same time, since the second half of the year, the prices of main raw materials for batteries have continued to rise sharply. Affected by the above two main factors, Aeon will raise the official guide price of its related models from January 1, with the range of 3,000-8,000 yuan.

　　On December 11th, 2022, Changan Deep Blue, the main brand of Changan New Energy, announced that it expected to raise the price of Changan Deep Blue SL03 by 2000-8000 yuan. At present, Changan Deep Blue has officially raised the price by 3000-6000 yuan, which has raised the price increase of entry-level models, but lowered the price increase of high-end models.

　　On December 22, 2022, Ruilan Automobile, a subsidiary of Geely, announced that it would adjust its selling price from January 1, 2023, with an increase range of 5,000-8,000 yuan.

　　In addition to the above-mentioned car companies, Roewe Automobile, Volkswagen ID. series models and Chery Little Ant series models have all raised the prices of their models in 2023.

　　However, it is worth noting that the price adjustment of the above-mentioned car companies is mostly concentrated in the range of 2000-8000 yuan, rather than about 10,000 yuan that matches the national subsidy in 2022. The competition in the new energy vehicle market is so fierce that car companies can only choose to pass on some of the costs to consumers and some of them will be borne by the enterprises themselves.

　　Car companies do not raise prices or guarantee sales.

　　A large number of brands announced the policy of "time-limited insured price" on the eve of the withdrawal of the state subsidy at the end of 2022, and promised that users who placed orders before December 31, 2022 would continue to enjoy new energy purchase subsidies. In 2023, many car companies continued the "insurance policy" and announced "no price increase" in a high-profile manner, which is undoubtedly to ensure the continuous growth of sales.

　　On January 1st, Xpeng Motors announced in the official Weibo that in 2023, Xpeng Motors will not increase its price with the withdrawal of new energy vehicles. According to the announcement, according to the relevant national policies and regulations, the subsidy for the purchase of new energy vehicles has been terminated on December 31, 2022, and vehicles that have been licensed since January 1, 2023 will no longer enjoy state subsidies (the amount of each subsidy ranges from 10,080 yuan to 13,860 yuan). In 2023, the national suggested retail price of various models in Xpeng Motors will remain the same as the comprehensive subsidized price at the end of 2022.

　　On the same day, Tesla did not announce the price increase, but also introduced a limited-time preferential policy. From January 1 to February 28, 2023, users can purchase Model 3 and Model Y and complete the delivery, and enjoy a limited delivery incentive of 6,000 yuan; At the same time, if you choose the corresponding auto insurance of Tesla cooperative insurance institutions, you can enjoy a limited-time insurance subsidy of 4,000 yuan on the basis of 6,000 yuan incentives, that is, a maximum discount of 10,000 yuan.

　　For Tesla’s preferential promotion, the industry generally believes that it is because its sales in 2022 are not up to expectations and dare not rashly raise prices. Tesla bicycles have high profits and large profit margins. Coupled with the current saturation of production capacity, increasing delivery has become Tesla’s top priority.

　　In addition, C01 model of Zero Run Automobile and Wei brand of Great Wall Motor have also announced that their prices will not rise for the time being.

　　In addition to the "price increase faction" and "price protection faction", there are also car companies that have not expressed their views and have not adjusted their prices. On January 3rd, The Paper reporter learned from the sales staff of Weilai Automobile that Weilai Automobile has not adjusted the price of its models at present.

　　Zhang Xiang, dean of the New Energy Automobile Technology Research Institute of Jiangxi New Energy Technology Vocational College, told The Paper that the first quarter has always been the off-season of automobile consumption, and many consumers who need to buy cars choose to buy cars at the end of the year, and the market has also formed a phenomenon of "oversupply", so some brands will choose not to raise prices after the withdrawal of the state subsidy.

　　Zhang Xiang mentioned that price is a means to adjust the relationship between supply and demand, and the sales volume of car companies has risen and fallen. At present, the sales volume of car companies such as Tucki is not good, and there is no price increase. This does not mean that their sales volume will not increase after that. "Overall, with the technological progress, the price of cars must be declining, and the cost performance is constantly improving. The current price changes are only short-term fluctuations."

　　According to the data released by previous car companies, in 2022, Nezha Automobile won the crown with 152,100 cars, and the second and third place were Ideal and Weilai, with sales of 133,200 and 122,500 respectively. Xpeng Motors, the champion of annual sales in 2021, failed to enter the top three in 2022, with a cumulative annual delivery of 120,800 vehicles.

　　How to get to the auto market in the first quarter?

　　The measures taken by car companies to deal with the withdrawal of state subsidies reflect the different expectations of different companies for market sales in 2023. There are also many controversies about the trend of China auto market in 2023.

　　On January 3, china automobile dealers association said at the monthly situation analysis meeting that the peak of Covid-19 infection made the passenger flow of car purchases not reach the expected growth at the end of 2022, and it was difficult for the passenger flow to reach the peak in January 2023. The Spring Festival holiday, consumers going home for the New Year and other factors further affected the passenger flow growth in January. In addition, the decline of consumers’ purchasing power, lack of consumer confidence, and cautious attitude towards the purchase of large commodities have had a great negative impact on the automobile market in January. On the whole, the car sales in January will decline, and the market performance will be less than expected.

　　Cui Dongshu, secretary-general of the Association, also said recently that the automobile market may be in a downturn in the first half of 2023. According to the data of the Passenger Car Association, the retail sales volume of China passenger car market in November 2022 was 1.649 million, down 9.2% year-on-year and 10.5% month-on-month. This is the first time since 2008 that the "Golden September, Silver, Ten Bronzes and Eleven" features a month-on-month decline, among which the conventional fuel car market is under great pressure.

　　In the case of the downturn of fuel vehicles, new energy vehicles have made great contributions to the growth of the overall automobile market. According to the previous analysis of the Federation, the subsidy for new energy vehicles will fall by 12,600 yuan in 2022, which is much higher than the fall of 5,000 yuan in the previous two years. Some car companies will announce the information of price increase next year, which will promote the snapping effect of new energy vehicles at the end of the year and push up sales.

　　However, from the historical data, subsidies can push up sales, and the withdrawal of subsidies often leads to a sharp decline in sales in a short period of time. Regarding whether the withdrawal of subsidies will cause the new energy auto market to get cold, Cui Dongshu believes that the core of the development of new energy vehicles this year is the substantial improvement of product strength and the improvement of enterprise innovation ability. For example, BYD’s growth has contributed a huge increase to the market, and the entry-level car market such as Wuling Hongguang Mini has also achieved a large increase. The new energy vehicle market is mainly driven by market demand.

　　He said that although the national subsidy policy has been withdrawn, there are still many policy supports in the whole new energy vehicle market, such as road rights support for new energy vehicles, purchase rights support, vehicle purchase tax reduction, etc. "The penetration rate of our new energy vehicles in November has reached 36%. With such a high penetration rate, our automobile market has entered a stage of marketization."

　　The Federation predicts that the wholesale sales of new energy passenger cars in China will reach 8.4 million in 2023, with a year-on-year increase of over 30%.

In order to implement the requirements of the Opinions on Further Deepening the Reform of Tax Collection and Management issued by the Central Office and the State Council, and further promote the electronic reform of invoices, State Taxation Administration of The People’s Republic of China issued the Announcement of State Taxation Administration of The People’s Republic of China on Promoting the Application of Comprehensive Digital Electronic Invoices (State Taxation Administration of The People’s Republic of China Announcement No.11 in 2024), clarifying that on the basis of the positive results achieved in the previous pilot, comprehensive digital electronic invoices (hereinafter referred to as "digital electronic invoices") will be officially promoted and applied nationwide from December 1, 2024. Today I will take you to understand:How do taxpayers issue electronic invoices in red words?

Taxpayers need to issue red-letter electronic invoices or red-letter paper invoices through the electronic invoice service platform in case of errors in invoicing, sales returns, service suspension, sales discounts, etc., according to the following provisions:

(1) If the drawee fails to confirm the use and entry, the electronic invoice service platform will issue a red-ink electronic invoice in full or in part or a red-ink paper invoice in full or in part based on the red-ink invoice information confirmation form (hereinafter referred to as the confirmation form) after the drawer fills in the red-ink invoice information confirmation form on the electronic invoice service platform. Among them, the Confirmation Sheet should be consistent with the corresponding blue-ink invoice information.

Example: On June 10th, 2024, Company F (the taxpayer who has used the digital invoice) found that there was an error in the contents of a special paper invoice issued to Company G (the taxpayer who has used the digital invoice) on May 31st, 2024, and it was found through the electronic invoice service platform that Company G had not confirmed the use of the obtained invoice and recorded the invoice. After F company contacts G company to retrieve the related invoice, it fills out and uploads the Confirmation Sheet through the electronic invoice service platform. Without confirmation from G company, F company can choose to issue a red-letter electronic invoice or a red-letter paper invoice in full or in part. If the electronic invoice in red characters is selected, the electronic invoice service platform will issue it in full or in part according to the Confirmation Sheet; If the red-ink paper invoice is selected, it will be issued in whole or in part by Company F..

Example: In April, 2024, Company H (the taxpayer who has used digital invoices) provided processing services for Company I (the taxpayer who has not used digital invoices). On April 18th, 2024, Company H has issued a digital invoice with the words "special VAT invoice" for Company I.. On April 20th, the labor service was terminated due to objective reasons. Before that, Company I didn’t confirm the use of the invoice and enter the invoice into the account. Company H filled out the Confirmation Sheet through the electronic invoice service platform without confirmation from Company I, and Company H issued an electronic invoice in full or in part based on the verified information of the Confirmation Sheet.

(2) If the drawee has confirmed the use or entered the account (the check and confirmation for export tax refund is still carried out according to the current regulations), the drawee is a taxpayer who has used digital invoices, and the drawer or the drawee can fill out and submit the Confirmation Sheet on the electronic invoice service platform. After the other party confirms it on the electronic invoice service platform, the drawer will issue a red-letter electronic invoice or a red-letter paper invoice in whole or in part; The drawee is a taxpayer who has not used digital invoices. The drawer fills in and submits the Confirmation Sheet on the electronic invoice service platform or the payee’s comprehensive service platform for value-added tax invoices. After confirmation by the other party, the electronic invoice in red characters or paper invoice in red characters will be issued in full or in part. Among them, the Confirmation Sheet should be consistent with the corresponding blue-ink invoice information.

If the drawee has used the invoice for VAT declaration and deduction, it shall temporarily transfer it from the current input tax amount according to the VAT amount listed in the Confirmation Sheet, and after obtaining the red-ink invoice issued by the drawer, it will be used together with the Confirmation Sheet as the accounting voucher.

Example: In October 2023, Company J (the taxpayer who has used the digital invoice) sold a batch of clothes to Company K (the taxpayer who has used the digital invoice), and a digital invoice with the words "special VAT invoice" has been issued, and Company K has confirmed the use of the obtained invoice. In November 2023, the sales of this batch of clothing were returned.

Case 1: The financial personnel of Company K fill out the Confirmation Sheet through the electronic invoice service platform, select the reason and the corresponding blue-ink invoice information, and enter the amount and tax amount. After the financial personnel of Company J complete the confirmation through the electronic invoice service platform, the financial personnel of Company J will issue a red-letter electronic invoice accordingly.

Case 2: The financial personnel of Company J fill out the Confirmation Sheet through the electronic invoice service platform, select the reason and the corresponding blue-ink invoice information, and enter the amount and tax amount. After the financial personnel of K company complete the confirmation through the electronic invoice service platform, the financial personnel of J company issue the electronic invoice in red words accordingly.

Example: In November, 2023, Company L (the taxpayer who has used the digital electricity invoice) sold a batch of toys to Company M (the taxpayer who has not used the digital electricity invoice), and a digital electricity invoice with the words "special VAT invoice" has been issued, and Company M has confirmed its use. In December, 2023, the toys were sold back.

Case 1: The financial personnel of Company L fill out the Confirmation Sheet through the electronic invoice service platform, select the reason and the corresponding blue-ink invoice information, and enter the amount and tax amount. After the financial personnel of M Company complete the confirmation through the comprehensive service platform of VAT invoice, the financial personnel of L Company will issue a red-letter electronic invoice accordingly.

Case 2: The financial personnel of Company M initiate the Confirmation Sheet through the VAT invoice comprehensive service platform, select the reason and the corresponding blue-ink invoice information, and enter the amount and tax amount. After the financial personnel of Company L complete the confirmation through the electronic invoice service platform, the financial personnel of Company L will issue a red-letter electronic invoice accordingly.

In recent years, nucleic acid drugs have become the key areas of global R&D and investment. Compared with traditional drugs for disease intervention at the protein level, nucleic acid drugs can play a role in the source of genetic information transmission, so they have the advantages of strong specificity, rich gene targets, lasting curative effect, etc., and avoid the complicated synthesis and purification process of traditional drugs, which can significantly reduce production costs.

Since the discovery of DNA double helix structure in 1953, nucleic acid drugs have developed for 70 years, including antisense nucleic acid (ASO), small interfering RNA(siRNA), microRNA (mirna), small activating RNA(saRNA), messenger RNA(mRNA), aptamer, ribozyme, antibody nucleic acid-coupled drugs (RNA). Except for mRNA drugs, basically all other nucleic acid drugs are composed of single-stranded or double-stranded ribonucleotides or deoxynucleotide, so they are also called oligonucleotide or small nucleic acid drugs.

Different from the protein encoded by mRNA drugs, oligonucleotide drugs mainly pair with DNA, mRNA or pre-mRNA through the principle of base complementary pairing, and regulate gene expression through a series of mechanisms such as gene silencing, non-coding RNA inhibition and gene activation.

Time axis of nucleic acid drug development Source: Guosen Securities

At present, there are 17 kinds of nucleic acid drugs listed in the world, and three kinds of them have applied for listing. There are 32 kinds, 115 kinds and 113 kinds of pipelines under research in Phase III, Phase II and Phase I respectively. Among 719 kinds of nucleic acid drugs in the world, ASO has the most varieties (253 kinds), and the rest are siRNA(229 kinds) and mRNA(72 kinds). TOP5, the leading companies in the global investment and distribution of nucleic acid drugs, are Ionis(91 models), Alnylam(34 models), simaomics(25 models), arrowhead (24 models) and AstraZeneca (18 models).

Sources of 17 nucleic acid drugs listed in the world: insights database

Because most of the nucleic acid drugs are oligonucleotides, oligonucleotides become important raw materials of nucleic acid drugs, and oligonucleotides are composed of dozens to dozens of nucleotides in series, so nucleoside monomers are also the key raw materials of nucleic acid drugs.

According to QYR’s forecast, in 2021, the global nucleotide market (including oligonucleotides and monomers) sales will be US$ 510 million, and China is the largest global nucleotide production market, accounting for about 55%. At present, the domestic market size of raw materials for nucleic acid drugs is estimated to be 280 million US dollars. In addition, the global demand for nucleotides is about 50,000 tons, and the annual output value of the domestic nucleotide market is about 27,500 tons. Most of them are exported to foreign countries, and the internal digestion ability used in the production of nucleic acid drugs in China is weak. Compared with the production of nucleic acid drugs in China, there is still a big gap abroad, which is not unrelated.

Because in general, 90% of the global nucleotides are used for the production of nucleic acid drugs, and only about 10% are used in health food, agriculture and other fields.

From the production process of oligonucleotide raw materials, the mainstream method for synthesizing oligonucleotides in the upstream process is the solid-phase phosphoramidite triester method, in which phosphoramidite monomer and solid-phase carrier are deprotected, coupled, oxidized, capped and other steps in a nucleic acid synthesizer to obtain the target base sequence, that is, the crude oligonucleotide, and then the crude oligonucleotide is deprotected and cut off from the solid-phase carrier, and the purity of the crude oligonucleotide is preliminarily detected by liquid chromatography, followed by purification, ultrafiltration, freeze-drying and other steps.

Taking DNA primer synthesis as an example, the following figure shows the steps of solid-phase phosphoryl synthesis. In the purification process, there are mainly reverse-phase chromatography (solid-phase synthesis-reverse-phase chromatography purification-demethylation-ethanol precipitation method-freeze-drying), ion-exchange chromatography (solid-phase synthesis-ion-exchange chromatography-concentration/deep filtration-freeze-drying) and hydrophobic chromatography combined with ion-exchange chromatography (solid-phase synthesis-hydrophobic chromatography-demethylation-ion exchange-UF/DF-API solution. In addition to the above chemical synthesis methods, other methods for preparing nucleotides include RNA enzymatic hydrolysis, microbial fermentation and biocatalysis.

Figure. Synthesis of primers by solid-phase phosphoryl method Source: Internet public information.

Oligonucleotides and nucleoside monomers are the key materials of nucleic acid APIs, and qualified suppliers that meet the quality requirements are rare all over the world. This is mainly due to the use of solid-phase synthesis technology in the production of nucleic acid APIs, which has high barriers in process development, process amplification and quality control, and the initial investment in solid-phase synthesis equipment and clean environment of nucleic acid APIs is very large, and the production needs to meet the international GMP requirements.

TOP10 giants, one of the few established qualified suppliers in the world, are Danaher Corporation (established in 1969), Merck KGAA (established in 1668), Eurofins Scientific SE (established in 1987) and Thermo Fisher Scientific Inc. (established in 2006). Agilent Technologies, Inc. (established in 1999), GE Healthcare (established in 1994), Kaneka Eurogentec S.A. (established in 1985), Gene Design, Inc. (established in 2000), LGC Bio Search Technologies (established in 1993), Bio-Synthesis Inc. (established in 1984)

There are about 160 suppliers of nucleotide raw materials in China, and their regional distribution is relatively scattered, including 43 enterprises in Shaanxi, 22 in Jiangsu, 21 in Hubei, 21 in Hubei, 20 in Shandong, 16 in Guangdong, 11 in Anhui, 6 in Zhejiang, 6 in Shanghai, 5 in Henan, 5 in Hunan, 3 in Tianjin and 2 in Shanxi.

Representatives of domestic oligonucleotide manufacturers are Guangzhou Ruibo, Hequan Pharmaceutical and Shanghai Zhaowei.

Guangzhou ruibo

Guangzhou Ruibo is a well-known CDMO company of oligonucleotide APIs in China. In 2013, it took the lead in establishing a large-scale oligonucleotide cGMP manufacturing workshop in China. In 2016, it obtained the license of oligonucleotide APIs production issued by CFDA, and it is also the only local enterprise that has obtained the license so far. In 2018, the construction of cGMP production base for oligonucleotide was completed, with an area of over 20,000 square meters, including 2,700 square meters of production workshop and 2,500 square meters of aseptic filling and finished product workshop. In mid-2019, a single batch of 1.8mol synthesis workshop with a purification capacity of 4,000L/h and a freeze-drying workshop of 1kg to 40kg can meet the commercial production demand of oligonucleotide APIs above the kilogram level.

Hequan pharmacy

In 2020, Hequan Pharmaceutical announced that its kilogram-level production workshop of oligonucleotide raw materials was officially put into operation, with an area of 2,800 square meters. Its oligonucleotide platform can support various types of oligonucleotide products, such as deoxyribonucleic acid (DNA), ribonucleic acid (RNA), morpholino antisense oligonucleotide (PMO) and polypeptide conjugated morpholino antisense oligonucleotide (PPMO). In July this year, another brand-new oligonucleotide and polypeptide production building of Hequan Pharmaceutical, located in Changzhou API R&D and production base, was also put into operation, including an oligonucleotide production workshop with an area of 2,840 square meters. After putting into production, Hequan Pharmaceutical will have four large-scale oligonucleotide production lines of kilogram class and more than 20 small-scale and medium-scale production lines, and the maximum total scale of single oligonucleotide synthesis will increase from 1.9mol to 6.0mol.

Zhaowei biology

Zhaowei Bio was established in 2001. It is one of the earlier enterprises in China engaged in R&D and production of nucleosides and modified nucleosides, and passed the ISO9000 quality management system certification in 2008. The company focuses on the field of nucleoside and nucleotide products, producing and selling various series of products such as modified nucleoside, nucleotide, phosphoramidite gene monomer, targeted tracer and biological enzyme. Zhaowei Bio, as a global large-scale manufacturer of oligonucleotides and gene monomers, can reach 7 billion doses of mRNA for nucleic acid vaccines at present, with a total output value of 1.5 billion in 2021. In July 2022, Zhaowei Bio invested 2.5 billion yuan in the research and development and production base of small nucleic acid drugs and settled in Hangzhou Bay, Shanghai.

From a global perspective, the overall supply of nucleotide raw materials is in short supply, and it still belongs to the global shortage of products. With the gradual release of clinical potential of nucleic acid drugs in the future, the related raw materials will be driven to continue to grow in the future, and the future prospect is good. As a domestic enterprise, we should focus on solving the technical research and development of innovative nucleic acid drugs, increase the ability of self-production and self-marketing, and grow into a leading nucleic acid drug enterprise on a par with international giants as soon as possible.

Beijing Zhengfa [2023] No.7

District People’s governments, municipal government commissions, offices and bureaus, and municipal institutions:

　　The "Three-year Action Plan for Promoting the High-quality Development of Water Supply in Beijing (2023-2025)" is hereby printed and distributed to you, please earnestly implement it.

the people’s government of beijing city　　　　

January 19, 2023　　

Three-year Action Plan for Promoting High-quality Water Supply Development in Beijing (2023-2025)

　　Water supply is the lifeline project of the city and an important support for the economic and social development of the capital. In order to effectively ensure the drinking water safety of urban and rural residents and promote the high-quality development of water supply in the capital, this plan is formulated.

　　I. General requirements

　　(A) the guiding ideology

　　Guided by Socialism with Chinese characteristics Thought of the Supreme Leader in the New Era, fully implement the spirit of the 20th Party Congress, thoroughly implement the spirit of a series of important speeches made by the General Secretary of the Supreme Leader to Beijing, fully implement the water control idea of "giving priority to water conservation, balancing space, systematically managing and exerting efforts with both hands", and take the equalization of urban and rural water supply public services as the goal. Adhere to the high-quality development direction of urban and rural water supply with safe and reliable water sources, perfect facilities, clean water quality up to standard, intensive water conservation, standardized operation and high-quality and efficient service, and strive to build a sound water source protection system, multi-water source security system, public water supply facilities system, professional operation service system and supervision and management system to continuously meet the general public’s demand for high-quality drinking water and lay a solid foundation for building a world-class harmonious and livable capital.

　　(2) Working principles

　　Adhere to planning guidance and highlight key points. Implement the "Beijing Urban Master Plan (2016-2035)", coordinate the upgrading and incremental construction of the stock, accelerate the reinforcement of water supply security weaknesses in urban areas, fill the shortcomings of water supply security in rural areas, and promote the integrated development of urban and rural water supply.

　　Adhere to local conditions and classify policies. According to the regional functional orientation, topography and natural characteristics of water resources, we will accelerate the integration of urban and rural water supply in plain areas by means of "city-belt village" and "town-belt village", and improve the water supply guarantee capacity in mountainous areas by means of water source replacement, standardization transformation, expansion and capacity expansion.

　　Adhere to government leadership and departmental coordination. Establish a responsibility system of municipal overall planning, district-level responsibility, town and village implementation, departmental supervision, and professional organization operation, improve the departmental collaborative working mechanism, encourage the public to participate in supervision, and form a joint effort to build, govern and share.

　　Insist on increasing investment and improving the mechanism. Increase the financial support of cities and districts, refine and improve the construction and operation support policies, improve the measurement and payment mechanism, standardize the maintenance of facilities and service standards, and promote the equalization of urban and rural water supply public services.

　　(III) Work objectives

　　By 2025, a four-level water source protection system for cities, districts, towns and villages will be fully established, and local surface water and groundwater will be interconnected with external water transfer, conventional water sources and emergency water sources, and the scope of water source protection will be further expanded; The system of water supply facilities covering urban and rural areas has been basically completed, the total water supply capacity has been increased to more than 10 million cubic meters per day, the safety factor of water supply in key areas has reached more than 13, and the integration rate of urban and rural water supply has been increased to more than 85% (the central city and Tiantongyuan area of Huilongguan, songzhuang town, Taihu Town, Zhangjiawan Town and other plain areas in urban sub-centers and expansion areas have been increased to more than 95%, 75% and 70% respectively). The installation of intelligent remote water meters in central urban areas and sub-centers of cities and the metering and charging of water in rural areas have basically achieved full coverage, the professional water supply operation service system has been basically established, the water supply operation service supervision system has been fully completed, and the water supply supervision service level and support capacity have been further improved.

　　Second, build and improve the urban and rural water supply facilities system

　　(A) to speed up the reinforcement of water supply weaknesses in the central city

　　1. Continue to expand the water coverage of the South-to-North Water Transfer Project. We will improve the layout of water delivery and water supply facilities with "one ring, two veins, nine factories and multiple points", and build the Haidian Hot Spring Water Plant, Fengtai Hexi No.2 Water Plant and Hexi No.3 Water Plant, with an additional water supply capacity of 350,000 cubic meters per day, and strengthen the water supply guarantee in the peripheral areas of the central city. (The Municipal Water Affairs Bureau takes the lead, and the Municipal Planning and Natural Resources Committee, Haidian District Government, Fengtai District Government and Municipal Water Supply Group are responsible according to the division of responsibilities)

　　2. Accelerate the construction of water supply pipe network. Newly built (rebuilt) 110 kilometers of water supply pipeline, and completed the replacement task of 43 self-built water supply residential quarters (social units); 33 administrative villages were brought into the scope of public water supply in the central city by building pressure regulating facilities and reforming the water distribution network inside the villages. (The Municipal Water Affairs Bureau takes the lead, and the Municipal Planning Natural Resources Committee, Chaoyang District Government, Haidian District Government, Fengtai District Government, Shijingshan District Government and Municipal Water Supply Group are responsible according to the division of responsibilities.)

　　3. Strengthen the management of hidden dangers in water supply pipelines. Combined with the pipeline network hidden reconstruction project and urban road construction, the hidden reconstruction of old water supply pipelines was completed for 300 kilometers, and the hidden danger management task of water supply pipelines in the functional core area of the capital was completed. Combined with the comprehensive renovation of old residential areas, we will steadily promote the renovation of courtyard water supply pipelines and building risers in residential areas to improve the water quality of the "last mile". (Dongcheng District Government, Xicheng District Government, Chaoyang District Government, Haidian District Government, Fengtai District Government, Shijingshan District Government and Municipal Water Supply Group are responsible according to the division of responsibilities)

　　(B) to speed up the construction of urban sub-centers and expansion areas of water supply facilities system.

　　1. Accelerate the construction of water supply facilities in urban sub-centers. Tongzhou Water Plant (Phase II) of South-to-North Water Transfer Project will be completed, with an additional water supply capacity of 200,000 cubic meters per day; Newly built (rebuilt) 100 kilometers of water supply pipeline, and completed the replacement task of 17 self-built water supply residential quarters (social units). (Tongzhou District Government and Municipal Water Supply Group are responsible for the division of responsibilities)

　　2. Continuously improve the layout of water supply facilities in the expansion area of urban sub-centers. Build (rebuild) 30 kilometers of water supply pipeline, and gradually expand the water supply scope of Tongzhou Water Plant and Yizhuang Water Plant of South-to-North Water Transfer Project to key areas such as songzhuang town, Taihu Town and Zhangjiawan Town in Tongzhou District; Promote the construction or upgrading of centralized water supply plants in towns and villages such as Yongledian Town, Shexian Town, Yujiawu Township and Xiji Town in Tongzhou District, moderately expand the water supply scope of centralized water supply plants in towns and villages, and improve the water supply guarantee capacity in the eastern and southern parts of Tongzhou District. (Tongzhou District Government, Beijing Economic and Technological Development Zone Management Committee and Municipal Water Supply Group are responsible for the division of responsibilities)

　　(3) Accelerate the improvement of the water supply facilities system in the new plain city.

　　The surface water plant in Changping District will be built, with an additional water supply capacity of 150,000 cubic meters per day; Promote the construction of Dingjiawa Water Plant in Fangshan District, liangxiang town Central Water Supply Plant, Shunyi District Surface Water Plant, Daxing District Huangcun Water Plant (Phase II) and Daxing International Airport Water Plant. Build (rebuild) 45 kilometers of water supply pipeline, gradually expand the scope of surface water supply, speed up the replacement of self-built water supply residential quarters (social units), and promote the comprehensive management of groundwater overexploitation. (The relevant district governments and the Municipal Water Supply Group are responsible according to the division of responsibilities) (The district governments that are not specifically listed in the responsible units in this notice, such as those related to the Beijing Economic and Technological Development Zone, include the Beijing Economic and Technological Development Zone Management Committee, and are no longer listed separately)

　　(4) Strengthen and consolidate the water supply facilities system in other urban areas.

　　The Mencheng Waterworks in Mentougou District will be built, with an additional water supply capacity of 100,000 cubic meters/day; Accelerate the construction of Junzhuang Town Water Supply Plant and Luopoling Water Supply Plant in Mentougou District, Hebei Town Water Supply Plant in Fangshan District, Yangzhen Town Water Supply Plant in Shunyi District and Longwantun Town Water Supply Plant, Xiangtan Water Supply Plant and Xingshou Water Supply Plant in Changping District, Surface Water Plant in Huairou District, Bulaotun Town Water Supply Plant and Jugezhuang Town Water Supply Plant in Miyun District, Surface Water Plant in Xinchengzi Town and Surface Water Plant in Yanqing District (Phase II). Newly built (rebuilt) 225 kilometers of water supply pipelines, and promoted the replacement of self-built water supply residential quarters (social units). (The relevant district governments are responsible)

　　(5) Optimize and upgrade the water supply facilities system in other rural areas.

　　1. Gradually expand the extension of urban and rural public water supply to rural areas, and adopt the method of "city with village" and "town with village" to bring 100 administrative villages around the public water supply pipe network into the water supply coverage. (The Municipal Water Affairs Bureau takes the lead, and the relevant district governments and municipal water supply groups are responsible for the division of responsibilities)

　　2. For administrative villages that do not have the conditions to be included in the scope of public water supply for the time being, the water supply facilities will be upgraded in batches, and 300 village water supply stations will be standardized and upgraded. For the administrative villages whose water quality is not up to standard due to the original geological conditions, the water quality problem should be solved by means of water source replacement and purification equipment and facilities; For administrative villages with insufficient water supply security, we should update water source wells, build storage facilities and relocate in different places to improve water supply security. (The Municipal Water Affairs Bureau takes the lead, and the Municipal Finance Bureau, the Municipal Planning Natural Resources Committee and the relevant district governments are responsible for the division of responsibilities)

　　Third, build and improve the water source protection system

　　Scientifically delimit the four-level drinking water source protection areas (scope) of cities, districts, towns and villages. Improve the policies and standards for the protection of drinking water sources, strictly implement the safety assessment system of drinking water sources, improve the catalogue management system of drinking water sources, improve the technical regulations for the protection of drinking water sources, and strengthen supervision and guidance on the protection of water sources in various districts. (led by the Municipal Bureau of Ecological Environment and the Municipal Water Affairs Bureau, with the cooperation of relevant district governments)

　　District governments should formulate and dynamically update the catalogue of drinking water sources in the region, and fully complete the delineation of drinking water source protection areas (scope) in districts, towns and villages; In-depth implementation of environmental remediation of water sources, dynamic cleaning and remediation of environmental pollution problems in drinking water source protection areas (scope); Clarify the responsibility, content and standard of protection, build water source protection facilities and warning signs, and regularly carry out water quality testing. Supervise and guide township governments to strictly implement measures to protect drinking water sources and do a good job in the protection and management of water sources at township and village levels. Encourage villagers’ committees to incorporate water source protection into village rules and regulations, and implement the responsibility of water source protection inspection and management. (The district governments take the lead, and the Municipal Bureau of Ecology and Environment and the Municipal Water Affairs Bureau cooperate)

　　Four, accelerate the establishment of specialized water supply operation service system.

　　For the central city and Tiantongyuan area of Huilongguan, songzhuang town, Taihu Town and Zhangjiawan Town in the sub-centers and expansion areas of the city, we will further improve the water supply security system of mutual assistance of water supply plants and interconnection of pipe networks, hierarchical supervision of urban water departments, and professional operation services of municipal water supply group. (The Municipal Water Affairs Bureau takes the lead, and the relevant district governments and municipal water supply groups are responsible for the division of responsibilities)

　　For other regions, combined with the actual situation in the region, accelerate the construction of a professional operation service system, clarify the scope, content, standards and service quality of management and protection, and establish a performance appraisal system. By entrusting professional operation service enterprises or establishing professional operation service institutions (hereinafter referred to as professional operation institutions), the professional operation and management of urban public water supply and township public water supply facilities will be realized. On the basis of meeting the wishes of villagers, professional operating institutions are encouraged to carry out professional maintenance and management of water supply facilities in rural areas. (The Municipal Water Affairs Bureau takes the lead, and the relevant district governments are responsible according to the division of responsibilities)

　　Five, improve the water supply supervision system

　　(A) improve the water quality supervision system

　　Supervise professional operating institutions to strictly implement operating procedures, carry out daily water quality testing and analysis, and ensure that water supply meets drinking water standards. According to the characteristics of raw water, water supply facilities and service scope, the ecological environment, water supply and health departments in each district have established a water quality testing system from the source to the faucet to achieve full coverage of water quality testing of source water, factory water and pipe network end water. Towns and villages that do not have the ability to detect for the time being should establish a daily water quality detection mechanism by purchasing services from the government or entrusting a third-party professional testing institution. (District governments are responsible)

　　Strengthen water quality supervision, improve the mechanism of sharing water quality test results and reporting problems, and establish a mechanism for rapid risk discovery and disposal. (The Municipal Bureau of Ecology and Environment, the Municipal Water Affairs Bureau and the Municipal Health and Health Commission are responsible for the division of responsibilities)

　　(two) to strengthen the quality supervision of water supply operation services.

　　Establish service standards and service behavior norms, take the completion of target tasks, water quality compliance rate, leakage rate of water supply network, timely repair rate, maintenance efficiency and user satisfaction as important assessment contents, strengthen supervision and assessment of various professional operating institutions at all levels, and take the assessment results as an important basis for government to purchase services and operating subsidies. (led by the Municipal Water Affairs Bureau, coordinated by the Municipal Finance Bureau, the Municipal Development and Reform Commission and the Municipal State-owned Assets Supervision and Administration Commission)

　　(3) Strengthen information supervision

　　Vigorously improve the level of intelligent perception in the whole process of water supply. On-line monitoring of water quantity, quality and pressure of water supply plants above designated size, installation of intelligent remote water meters for non-residents in the city and residents in the central city and urban sub-centers have basically achieved full coverage, and the installation rate of intelligent remote water meters for residents in Pingyuan New Town has increased to over 90%. Towns and villages with conditions have simultaneously improved the installation rate of intelligent remote water meters for households. (led by the Municipal Water Affairs Bureau, the district governments and the Municipal Water Supply Group are responsible for the division of responsibilities)

　　(D) to strengthen the construction of water supply management system

　　Promote the introduction of Beijing water supply management measures and other systems to further improve the water supply industry standard system. Improve the city, district, township (street) three-level water supply emergency plan system, and comprehensively improve the emergency response capacity. (The Municipal Water Affairs Bureau and the Municipal Emergency Bureau are responsible for the division of responsibilities)

　　According to the law, the administrative villages and residential quarters (social units) that have completed the replacement of public water supply will be written off, and the corresponding groundwater wells will be sealed or sealed; If it is really necessary to keep it for other legitimate purposes, the formalities for changing the groundwater intake permit shall be handled in accordance with the law. (The relevant district governments take the lead, and cooperate with the Municipal Water Affairs Bureau, the Municipal Planning and Natural Resources Committee, the Municipal Housing and Urban-Rural Construction Committee and the Municipal Water Supply Group)

　　Sixth, increase financial support.

　　(A) improve the infrastructure investment and construction support policies

　　1. The central city, Huilongguan Tiantongyuan area. New (reconstruction) water supply plant and water supply pipeline construction funds, by the municipal government fixed assets investment to solve 50%, the city water group to solve 50%; The cost of land acquisition and demolition shall be borne by the local district government. Self-built water supply facilities for residential quarters (social units) required for the replacement of public water supply pipeline construction, residential quarters internal courtyard water supply pipeline renovation funds, by the municipal government fixed assets investment to solve 50%, the city water group to solve 50%; Social units within the courtyard water supply pipeline renovation funds by the property unit to solve; Two water supply facilities and the building riser renovation funds, by the property unit or the local district government to solve. (The Municipal Development and Reform Commission, the Municipal Finance Bureau and the relevant district governments are responsible for the division of responsibilities)

　　2. Sub-centers and development areas of the city. Songzhuang town, Taihu Town and Zhangjiawan Town in the sub-center and expansion area of the city have new (rebuilt) water supply plants and water supply pipelines, and self-built facilities to supply water to residential quarters (social units). The replacement investment and construction support policies are consistent with those in the central city. 70% of the construction funds for the implementation of the above projects in other areas of the expansion area of the sub-center of the city will be invested by the municipal government in fixed assets, and the rest of the construction funds and land acquisition and demolition expenses will be borne by the Tongzhou District Government. (The Municipal Development and Reform Commission and Tongzhou District Government are responsible for the division of responsibilities)

　　3. Other regions. New (rebuilt) water supply plants and water supply pipelines are funded by the municipal government’s fixed assets investment, and differentiated support policies are implemented according to regions. Among them, the ecological conservation area is 90%, and the plain area of Fangshan District, Shunyi District, Changping District and Daxing District is 70%. The remaining construction funds and land acquisition and demolition expenses shall be borne by the local government. The replacement funds for self-built water supply residential quarters (social units) shall be borne by the local district government. (Municipal Development and Reform Commission and relevant district governments are responsible for the division of responsibilities)

　　(two) improve the village water supply station standardization reform funds and operating funds policy.

　　1. Mountainous areas. The funds for standardization transformation of water supply stations in mountainous villages shall be supported by the municipal finance in a differentiated manner. Among them, Mentougou District, Pinggu District, Huairou District, Miyun District and Yanqing District support 70%, Fangshan District and Changping District support 60%, and the rest of the reconstruction funds and land acquisition and demolition costs are borne by the local government. (The Municipal Finance Bureau and the relevant district governments are responsible for the division of responsibilities)

　　For water supply stations in mountainous villages that meet the standardized standards and assessment requirements, the municipal finance will implement differentiated operating funds subsidies according to the base of 100,000 yuan per village per year. Among them, the subsidy ratio of administrative villages in Mentougou District, Pinggu District, Huairou District, Miyun District and Yanqing District is 70%, and the subsidy ratio of administrative villages in Fangshan District and Changping District is 60%. The subsidy funds are mainly used for the maintenance and renewal of water supply stations and ancillary facilities and equipment. Formulate standardized assessment of water supply facilities in mountainous areas and management measures for operating fund subsidies, and strengthen supervision and management throughout the process. (The Municipal Water Affairs Bureau and the Municipal Finance Bureau take the lead, and the relevant district governments are responsible for the division of responsibilities)

　　2. Plain area. The funds for standardization transformation and operation of village water supply stations in plain areas shall be borne by the local district government. (The relevant district governments are responsible according to the division of responsibilities)

　　(3) Improve the metering and charging system for water supply in rural areas.

　　In accordance with the principles of "full measurement, full charge" and "cost compensation and fair burden", the villagers’ committee shall determine the water price and charging method according to the democratic deliberation mechanism of one case, one discussion. The water price in rural areas included in the urban public water supply scope is determined according to the affordability of rural residents and units in different regions and with reference to the current water price of urban residents; The corresponding water price system should be implemented for those who have the ladder water price and the progressive price increase beyond the quota; If the price is not in place, the relevant district governments should establish a subsidy mechanism to ensure the normal operation of water supply facilities. (The Municipal Water Affairs Bureau, the Municipal Development and Reform Commission and the relevant district governments are responsible for the division of responsibilities)

　　VII. Strengthening organizational guarantee

　　(A) to strengthen organizational leadership

　　Improve the working system of overall planning and district responsibility, set up a special class for high-quality development of municipal water supply, which is responsible for overall coordination, supervision and guidance of high-quality development of water supply. The member units are composed of the Municipal Water Affairs Bureau, the Municipal Development and Reform Commission, the Municipal Finance Bureau, the Municipal Planning and Natural Resources Commission, the Municipal Ecological Environment Bureau, the Municipal Housing and Urban-Rural Construction Commission, the Municipal Health and Health Commission, and the Municipal Agriculture and Rural Bureau. The special class consists of a deepening reform group and a planning guidance group, which are led by the Municipal Development and Reform Commission and the Municipal Planning and Natural Resources Commission respectively, and are responsible for strengthening the service guidance to the district governments and the Municipal Water Supply Group; The office of the special class is located in the Municipal Water Affairs Bureau and undertakes the daily work of the special class. District governments should implement territorial responsibilities, set up district-level work classes, coordinate, supervise and guide the high-quality development of water supply in the region as a whole, increase the coordination of pre-project work, and ensure that the project is implemented as planned.

　　(2) Strengthen supervision and assessment.

　　The relevant municipal departments and district governments should decompose the objectives and tasks item by item, clarify the responsible units, responsible persons and the time limit for completion, form an annual work plan, and report it to the municipal special class office. The municipal special class office summarizes and forms the city’s annual work plan, incorporates all key tasks into the city’s chief river order, and strengthens supervision and assessment. Responsible units and responsible persons who fail to perform their duties in place and cause serious consequences shall be investigated for responsibility according to rules and regulations.

　　(3) Strengthening social co-governance

　　Extensively carry out publicity and popularization of laws, regulations and related knowledge on water supply facilities protection, water conservation and drinking water safety, strengthen the information disclosure of centralized drinking water quality in urban and rural areas, stimulate the enthusiasm of citizens to participate in water resources protection, and form a pattern of co-construction, co-governance and sharing with extensive participation of the whole society.

CCTV News:The relevant person in charge of the National Development and Reform Commission said at the press conference of the State Council Office on March 7 that in the face of this year’s complicated and severe situation, we will adhere to the bottom line thinking, make comprehensive policies and precise regulation, and do our best to ensure the supply and price stability of bulk commodities. China has the conditions, ability and confidence to continue to maintain a stable price operation.

Hu Zucai, deputy director of the National Development and Reform Commission, said that the international commodity price situation has become more severe, complicated and uncertain due to multiple factors, such as the COVID-19 epidemic, the shift of monetary policies in major economies, and especially the intensification of geopolitical conflicts, which has posed new challenges to the domestic work of ensuring supply and stabilizing prices.

Hu Zucai, Deputy Director of the National Development and Reform Commission:On the whole, China has strong economic resilience, large market space and rich policy toolbox, especially the bumper harvest of grain production year after year, sufficient pig production capacity and abundant supply of industrial and agricultural products and services. It is fully qualified, capable and confident to continue to maintain the stable operation of prices, and the annual CPI target of about 3% set in this year’s government work report can be achieved.

Hu Zucai said that this year, we will focus on five aspects: First, we will do a good job in ensuring food supply and price stability to ensure food security. This year, we will stabilize the sown area and output, do a good job in ensuring the supply and price of chemical fertilizers, maintain the sufficient price of grain, make rational use of international resources, strengthen the regulation of reserves, and maintain the balance between supply and demand. Second, do a good job in ensuring energy supply and price stability to ensure energy security. Focus on ensuring coal supply and price stability, improve the price transmission mechanism of coal and electricity, and ensure safe and stable supply. The third is to do a good job in ensuring the supply and price stability of important mineral products such as iron ore to ensure the safety of the supply chain of the industrial chain. The fourth is to keep a close eye on market trends and strengthen market supervision according to law. The fifth is to do a good job in ensuring the basic livelihood of the people in need and firmly grasp the bottom line of people’s livelihood. Guide all localities to conscientiously implement the linkage mechanism of price subsidies, promptly start and fully distribute temporary price subsidies, and effectively protect the basic livelihood of people in need.

　　Cctv newsOn the morning of September 20th, the State Council Press Office held a routine briefing on the State Council policy to interpret the economic situation and policies and answer questions from reporters.

　　Tao Qing, director of the Operation Monitoring Coordination Bureau of the Ministry of Industry and Information Technology, said that since the beginning of this year, the Ministry of Industry and Information Technology has resolutely implemented the decision-making arrangements of the CPC Central Committee and the State Council, actively responded to various risk challenges, and made efforts to stabilize growth, improve quality and optimize structure. In August, industrial production resumed steadily, and enterprise benefits gradually improved.

　　First, industrial production has steadily picked up. In August, the added value of China’s industrial enterprises above designated size increased by 4.5% year-on-year, and the growth rate was 0.8 percentage points higher than that of the previous month. From the perspective of industry, from January to August, the added value of 27 of the 41 major industrial sectors increased year-on-year. Among the top 10 manufacturing industries accounting for GDP, the growth rate of seven industries is higher than the national average, and the contribution rate of the top 10 industries to the overall industrial growth reaches 87.4%. From a regional perspective, from January to August, among the top 15 provinces in terms of industrial added value, the growth rate of 9 provinces was further accelerated compared with the first half of the year.

　　Second, the industrial structure has been continuously optimized. Investment in high-tech manufacturing industry has accelerated. From January to August, manufacturing investment increased by 5.9% year-on-year. Among them, investment in high-tech manufacturing increased by 11.2% year-on-year. The equipment manufacturing industry has developed rapidly. In August, the added value of the equipment manufacturing industry increased by 5.4% year-on-year, contributing 38.9% to the total industrial growth. New products grew rapidly. In August, the output of service robots and civil aircraft increased by 73.7% and 33.3% respectively. The output of photovoltaic cells, lithium-ion power batteries for automobiles and other products also increased by 77.8% and 31.5% respectively.

　　Third, the positive factors of steady industrial growth are accumulating. The connection between production and marketing of enterprises has been further smoothed. The producer price index (PPI) of industrial producers continued to narrow, and the decline in August was further narrowed by 1.4 percentage points compared with the previous month. The sales rate of products of industrial enterprises above designated size was 97.4%, which has been restored to above 97% for two consecutive months. The decline in corporate profits has also further narrowed. In the first seven months, the profits of industrial enterprises above designated size decreased by 15.5% year-on-year, but the decline has been continuously narrowed. With the decline of upstream raw material prices, corporate revenue is improving, and the cost pressure of enterprises has eased. Corporate confidence is also gradually increasing. In August, the manufacturing PMI further rebounded. Among them, the production index and the new order index were 51.9% and 50.2%, respectively, both of which were high points in five months.

　　In the next step, together with all regions and departments, we will resolutely implement the decision-making arrangements of the CPC Central Committee and the State Council, and promote the industrial economy to achieve effective upgrading in quality and reasonable growth in quantity.

　　The first is to strengthen the coordinated implementation of policies. We will step up the implementation of the work plan for the steady growth of ten key industries and promote the steady growth policy to achieve results.

　　The second is to accelerate the recovery and expansion of demand. Strengthen quality brand building, promote supply-side innovation, and create demand with high-quality supply. Guide enterprises to expand the international market according to local conditions and further tap the export potential.

　　The third is to step up efforts to enhance development momentum. Deeply implement intelligent manufacturing engineering and accelerate the transformation and upgrading of traditional industries. The system will promote the development of emerging industries such as 5G, intelligent networked cars and new materials, open up new fields and new tracks, cultivate a number of new engines for growth and create new competitive advantages.

On June 29th, the Ministry of Industry and Information Technology issued the Notice of the Ministry of Industry and Information Technology on Enabling and Promoting the New Network Access License Mark (hereinafter referred to as the Notice), and decided to enable and promote the new network access license mark and gradually replace the original paper mark. From July 1, 2023, the new network access license sign was officially launched. Before the end of this year, production enterprises can apply to the Telecommunications Equipment Certification Center of the Ministry of Industry and Information Technology for the use of the new network access license mark, or they can continue to apply for and use the original network access license paper mark. From January 1, 2024, the new network access license sign will be fully promoted. At that time, the paper signs of the original network access license will no longer be issued, and the paper signs that have been issued before are still valid within the validity period of the network access license and can continue to be used.

It is understood that the main purpose of implementing the electronization of network access license marks is to display the network access license marks externally by means of electronic screen display of telecommunications equipment, further improve the efficiency of logo management, reshape the logo management process, help production enterprises save costs, facilitate users to accurately query logo information, and better meet the needs of market development.

For production enterprises, the new network access license mark can be generated by the enterprise itself in accordance with the relevant requirements of the Notice and added to the products by itself; Support electronic display and other presentation methods, with high flexibility; The application, production and distribution of paper marks are eliminated, which solves the problem that small equipment can not stick paper marks, which is conducive to improving the level of production automation and effectively saving labor, management and time costs for enterprises.

For the vast number of users, the new network access license sign retains the main elements and overall style of the original paper sign, which is convenient for users to know and remember; The new type of network access permission sign presented by electronic means solves the problems of easy wear and loss of paper signs in use. The Ministry of Industry and Information Technology encourages production enterprises to provide users with convenient query functions such as network access permission information and consistency of sign information, so as to facilitate users to distinguish the authenticity of signs.