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With the profound adjustment of the industry, this process of slimming and keeping fit is just like losing weight, which is very painful and difficult, and its result must lead to a healthier and more quality development direction.

Xu Qian, reporter of China Housing News, reports from Beijing.

Vanke in the "crisis" has attracted attention every move.

On May 13th, Tianyancha information showed that the enterprise status of Shenzhen Wanke Yundi Industrial Co., Ltd. had changed from surviving to cancellation. The two major shareholders of the company are Shenzhen Tengshi Automobile Co., Ltd. and Hengqin Wanke Yundi Business Consulting Partnership, holding 72% and 28% respectively. The former is a subsidiary of BYD, while the latter belongs to Vanke.

According to the data, Shenzhen Wanke Yundi Industrial Co., Ltd. was established on May 26, 2017, and its legal representative is Zhang Yan, with a registered capital of 100 million yuan. Its business scope includes technology development, technology transfer, technical consultation and technical services in the information technology field.

According to relevant reports, Shenzhen Wanke Yundi Industry was originally established for the purpose of cooperation between Vanke and BYD, but the joint venture company was cancelled according to the agreement because the final project could not be obtained. In 2023, the relevant cancellation process was taken, Vanke was responsible for liquidation, and BYD was responsible for handling the formalities.

In other words, at the beginning of the company’s establishment, it represented a "joint effort" between Vanke and BYD, but for various reasons, the two sides failed to follow the set goals and had to "disband". The reporter called Vanke about the cancellation of the company, but as of press time, he did not receive a reply.

Time goes back to 8 years ago. In December 2016, Vanke and BYD signed a strategic cooperation agreement. Based on the cooperation mode of resource sharing, the two parties will jointly explore and develop the "track+property" business. One belongs to the automobile industry, and the other belongs to the real estate industry. It seems that there is no intersection between the two companies, which caused quite a stir at that time.

At the signing ceremony, Wang Chuanfu, chairman of BYD’s board of directors, said that the "cloud track" scheme launched by BYD is dedicated to solving the congestion problem in third-and fourth-tier cities. This kind of rail transit walks over the urban green belt and does not occupy the urban road area. BYD’s green vision is highly coincident with Vanke’s, and the two sides are committed to the long-term strategic cooperation of "track+property".

Vanke said that "track+property" is a very optimistic model for Vanke to solve the problem of ordinary people living, living and working in the future. The signing of this contract combines Vanke’s property development with BYD’s "cloud track" and provides a solution for urban development.

Two months before the cooperation between the two parties, on October 13, 2016, BYD’s "Cloud Track", which took five years to develop, was launched in the world and officially opened to traffic at BYD Pingshan Headquarters in Shenzhen. Wang Chuanfu announced that he has reached cooperation intentions with more than 20 cities. "The rail transit market can’ recreate a BYD’."

The background of this cooperation is that Vanke was busy developing multilateral emerging business and transforming into a supporting service provider in the city. Joining hands with BYD is another emerging business of Vanke after entering many urban supporting services such as apartment leasing, centralized commerce, community commerce, industrial office, logistics, pension and education.

Vanke put forward this idea when it planned to introduce Shenzhen Metro. In June, 2016, Shenzhen Metro and Vanke jointly announced that they planned to innovate cooperation mode in the fourth phase of subway network construction and land development along the line, and participate in the construction of Shenzhen rail transit and superstructure property projects in the mode of "track+property" in accordance with market rules.

Wang Shi, who was then the chairman of Vanke’s board of directors, predicted that the urban population of China will increase by 170 million in the next 10 years, but the main place to accommodate new urban immigrants will be satellite towns, which is located in the developed urban belt. Vanke will seize the opportunity to provide supporting services for the city around the subway, which will be one of the most important development directions of Vanke in the future.

However, this emerging industry, which was valued by Vanke and BYD at the same time and had high hopes, failed to be successfully carried out in more cities and projects. In 2017, the state tightened its policy on urban construction tracks, and only three cities were approved throughout the year; At the end of 2017, BYD Hengyang’s cloud track project was stopped by the National Development and Reform Commission less than a month after it started, and cloud track projects in other cities were forced to suspend.

Two years later, Vanke and BYD cooperated again. On October 8, 2019, Vanke announced that it would jointly invest 1.101 billion yuan with BYD and other companies in a fund focusing on science and technology, logistics and other fields. The scale of fund raising was 1.101 billion yuan, of which Vanke (Chengdu) subscribed for 500 million yuan and BYD auto industry subscribed for 600 million yuan.

Vanke said that the company’s subsidiaries participate in investment funds with their own funds, which is based on the company’s established development strategy. This investment will help accelerate the strategic positioning of the company as a "service provider for urban and rural construction and life".

The background of this cooperation is that in March 2018, Vanke announced in its financial report that it would upgrade its strategic positioning from the previous "urban supporting service provider" to "urban and rural construction and living service provider". Also in 2018, at the autumn regular meeting, Vanke shouted the slogan of "live".

The change of enterprise strategy is also based on the adjustment of the market environment and the company’s operating conditions. Now Vanke is implementing the "slimming" plan-"focusing on the main business", freeing up limited resources, doing well in three main businesses: comprehensive residential development, property services and renting apartments; Resolutely and vigorously promote large-scale asset transactions such as commercial offices, and plan to complete 20 billion yuan each year.

Vanke’s first-quarter financial report shows that in the first quarter, Vanke realized 4.2 billion yuan in bulk asset transactions, of which Shanghai Qibao Vanke Plaza realized 50% equity transactions with a transaction amount of 2.384 billion yuan.

On May 8th, Shenzhen Public Resources Trading Center launched a land transfer information, and publicly transferred the land use right at T208-0053, Shenzhen Bay Super Headquarters Base, with a starting price of 2.235 billion yuan. The owner of this plot is Vanke.

"With the profound adjustment of the industry, this process of slimming and keeping fit is just like losing weight. It is very painful and not easy. Its result must lead to a healthier and more quality development direction, so I believe that the pressure we encounter today is phased. With the support of all sectors of society, including major shareholders, and through our own efforts, I believe that we can achieve initial results in the next two years. " Yu Liang, Chairman of Vanke’s Board of Directors, said at the 2023 Annual General Meeting of Shareholders held on April 30th.

On May 13th, Vanke issued an announcement on the guarantee provided by its holding subsidiary for its application for loans from banks. Among them, Vanke applied for a loan with a principal of 690 million yuan from China Bank Shenzhen Branch for a term of three years. Wuhan Qiuzihu Company, a subsidiary of Vanke Holdings, provided corresponding pledge guarantee for the aforesaid loan with its 100% equity in Changsha Wancheng. Vanke applied to Shenzhen Branch of Agricultural Bank of China for three loans with a total principal of 2.2 billion yuan. Vanke’s three holding subsidiaries provide pledge guarantee for Vanke’s three loans with 100% equity of other project companies.

On May 13th, Vanke’s share price fell by 1.85% to close at 7.42 yuan. On the same day, the prices of several US dollar bonds issued by Vanke rose: among them, the price of bonds due in November 2027 with an interest rate of 3.975% rose by 5.1 cents per US dollar; The price of bonds due in November 2029 with an interest rate of 3.5% rose by 3.7 cents per dollar; The price of bonds due in May 2025 with an interest rate of 3.15% rose by 3.3 cents for every dollar.

Original title: "Sudden! Vanke’s new action

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CCTV News:On July 24th, News Network and other columns reported good news such as the increase of summer grain production in China, the improvement of the quality and efficiency of central enterprises’ operation, and the continuous warming of the "cultural and cultural fever" in summer. There are many bright spots of "thriving" in many fields, which shows the vigorous development of China.

Summer grain production increased by 7.25 billion Jin, the largest increase in recent 9 years.

On the morning of July 24th, the reporter learned from the press conference of the State Council Press Office that this year’s summer grain production increased by 7.25 billion Jin, the largest increase in summer grain production in recent nine years, which has obvious effects on stabilizing prices and stabilizing people’s expectations. According to reports, there are two main reasons for the bumper harvest of summer grain this year. First, the area has stabilized. Last year, all localities actively responded to the unfavorable conditions of autumn sowing and realized that all kinds should be planted. The area of wheat harvested in summer was 346 million mu, an increase of 475,000 mu on the historical high. Second, the yield per unit area has increased. Improving the yield per unit area requires a close combination of improved varieties, fertile fields, good opportunities and good laws, and at the same time, there must be good policies. The minimum purchase price of summer grain wheat has increased this year, which has stabilized farmers’ expectations.

In the first half of the year, the quality and efficiency of central enterprises improved.

The reporter learned from the State-owned Assets Supervision and Administration Commission of the State Council that in the first half of this year, the production and operation of central enterprises made steady progress, with good quality and efficiency, achieving a total profit of 1.4 trillion yuan, up 1.9% year-on-year, and the annualized labor productivity and R&D investment intensity of all employees increased steadily year-on-year. In the next step, the proportion of income and added value of strategic emerging industries of state-owned central enterprises will be further increased.

The "Guangdong-Yunnan-Lanzhou-Meizhou Line" international freight train officially started.

On July 24th, the international freight train of "Guangdong-Yunnan-Lanzhou-Meizhou Line", an international freight corridor connecting Guangdong, Yunnan and Southeast Asian countries, was officially launched. Goods from Guangdong-Hong Kong-Macao Greater Bay Area are connected to China-Laos Railway Lanmei Express Line through domestic express trains, which can go directly to Bangkok, Thailand, and the transportation time of the whole line is shortened by two to three days.

The contracted exhibition area of the 7th China International Import Expo(CIIE) Enterprise Exhibition has exceeded 360,000 square meters.

On the occasion of the 100-day countdown to the 7th China International Import Expo, China International Import Expo Bureau held a news briefing on July 24th to introduce that the 7th China International Import Expo(CIIE) will be held in Shanghai from November 5th to 10th this year. Up to now, more than 50 countries and international organizations have confirmed their participation, and the contracted exhibition area has exceeded 360,000 square meters.

At the same time, the Seventh Hongqiao Forum will hold the main forum and several sub-forums with the theme of "persisting in high-level opening up and promoting inclusive economic globalization".

This year’s China International Import Expo(CIIE) Enterprise Exhibition continues the six exhibition areas of food and agricultural products, automobiles, technical equipment, consumer goods, medical devices, medical care and service trade, and strives to create an innovation incubation area. The work of organizing trade delegations and professional visitors has been accelerated, and the progress is faster than that of the same period last year. It is expected that more professional visitors will participate in the 7th China International Import Expo(CIIE).

"Wenbo fever" continues to heat up in summer.

With the opening of summer vacation, the ever-rising "Wenbo fever" has become a beautiful tourist landscape. Faced with the strong demand for cultural tourism, many museums in China have carried out a series of beneficial explorations in canceling real-name reservation and extending opening hours, and launched a number of special activities to bring visitors a different exhibition experience.

More than 90% of Sanxingdui’s cultural relics made their debut.

"Ingenuity — — The exhibition of newly unearthed cultural relics protection and restoration achievements at Sanxingdui site was held in Sanxingdui Museum in Guanghan, Sichuan on July 23rd. More than 50 pieces of bronze, gold and jade unearthed from Sanxingdui site are exhibited in the exhibition, all of which are the results of the protection and restoration of the newly unearthed cultural relics in Sanxingdui in the past year, and more than 90% of them are the first time to appear.

Since June, the search popularity of "museums" has increased by 61% from the previous month.

The data shows that the search popularity of "museums" on the platform has increased by 61% since June, among which Xi ‘an, Beijing, Shanghai, Chengdu and Wuhan have become the five cities with the highest search popularity, and the phenomenon of "one appointment is hard to find" in popular museums has reappeared. In order to better meet the needs of tourists in summer vacation, many cultural and art venues have entered "daylight saving time", and measures such as not closing on Mondays, delaying opening and adjusting reservation policies have been implemented.

The "upgrade" of the museum provides an immersive exhibition experience for the audience.

In order to cope with the peak of summer passenger flow, major museums "show their magical powers" and continue to enhance the audience’s exhibition experience. The Sanxingdui Museum introduces a digital display system, and visitors can experience the ancient and mysterious Sanxingdui civilization by means of the interaction between high technology and ancient Shu culture. The National Museum of Classics allows children to experience the colorful picture book world, sit on the grass of the tropical rain forest, watch animals play in front of their eyes, cross the Antarctic world day and night, and feel the changes of time; China national film museum has specially added a movie dubbing experience pavilion for the summer vacation to attract young people to increase their scientific wisdom and artistic accomplishment through interactive practice.

According to industry insiders, "understanding a city and entering a museum first" has become the consensus of many tourists. Behind the "cultural craze" is the "traditional culture craze", especially the young people’s strong interest in traditional culture, including overseas tourists’ curiosity and exploration of Chinese culture.

　　China Daily Online, September 30th According to a report on the website of the US Capitol Hill newspaper on the 29th, inflation is not the only reason for the rising prices of food and clothing in the United States. Shoplifting incidents that are out of control continue to occur, making the bills that people can’t bear even higher. The U.S. government’s failure to crack down on retail theft is unfair to hard-working American families who are trying to pay for daily necessities and save money for the future, which has caused many obstacles for them to realize their "American dream."

　　According to related reports, in 2021 alone, shoplifting in the United States caused nearly $100 billion in losses to retailers, and every American could feel the price. However, federal lawmakers and prosecutors chose to refuse to hold criminals accountable, which made the situation worse.

　　Screenshot of the US Capitol Hill website report

　　The report pointed out that many police departments in the United States are seriously short of funds and manpower, and the "Defund the police movement" aggravated this trend, which made the police team demoralized and frustrated the recruitment work. This year, due to the "serious" shortage of manpower, the Boston Police Department issued an urgent appeal for recruiting new police for the second time in its history. As expected, the number of police patrolling in a specific area is directly related to the violent crime rate, which makes communities with insufficient police force more vulnerable to theft, shooting and other crimes.

　　At the same time, prosecutors in crime-prone areas refused to put people’s safety first. In Washington, D.C., for example, federal prosecutors in the region openly refused to prosecute nearly 70% of people arrested in 2022. Most of the cases he ignored involved gun possession, drug possession and burglary charges. Similarly, the Manhattan district attorney’s office revealed in 2022 that it only accepted two cases against a serial thief, who was a serial pickpocket who committed 23 different thefts.

　　The article points out that there is no doubt that crimes in all parts of the United States are in a period of high incidence. In the past three years, property crimes, motor vehicle theft and robbery cases in cities including Washington, D.C. have increased sharply. This uncontrolled crime wave and the coexistence of retail theft at a record high are causing a devastating blow to American retailers.

　　Dick’s Sporting Goods lost 23% of its profits in the second quarter due to theft, so families who buy sports necessities for their children at the company may soon see prices soar. Target and Home Depot have suffered similar shoplifting consequences all over the United States.

　　Thieves ransacked Nord stron Department Store in the United States. Figure: Network screenshot

　　Simple and everyday shopping behavior is becoming a thing of the past in America. Due to rampant theft, a grocery store in Washington, D.C. is planning to empty all American national brands from its health and beauty shelves. Shoppers will no longer be able to buy Tide or Colgate, and they will have to show their receipts to employees before leaving the store. Giant’ S) President Ira Kress said: "We hope to continue to serve the community, but we can’t bring great losses or risks to our employees like today."

　　Gabriel Nadales, the author of the article and the national director of Our America, said that American politicians are abandoning the American people in this crisis-level store theft. He pointed out that it is high time for members of Congress to re-engage and actively and comprehensively solve this problem by re-examining the budget priorities, providing funds to the police and replacing prosecutors who are unwilling to perform their duties. Lawmakers need to persistently implement policies to encourage the American criminal justice system to protect American citizens dutifully so that they can continue to pursue the American dream.

　　In a recent report, USA-Today website quoted John Gerzema, CEO of Harris Polling Company, as saying: "Their organization conducted an online survey of more than 2,000 American adults at the end of August, and the American public who were asked said that they could not realize the American dream like their parents and grandparents, because this dream could not be realized. At the same time, young Americans are facing unprecedented challenges, such as the climate crisis and unprecedented political differences.