
"Let’s police too much! Help me get my money back so quickly! " Recently, Mr. Yan, a resident of the jurisdiction, sent a banner with the words "People’s Police ultimate revenge Solve Cases Quickly to Solve People’s Worries" to the Criminal Investigation Brigade of Haiyuan County Public Security Bureau, thanking the police who handled the case for successfully solving the theft case and helping them recover their property in just 8 hours.
On January 25, the Criminal Investigation Brigade received an alarm, claiming that two mobile phones were lost, worth about 25,000 yuan, and requested investigation. After receiving the police, the police immediately launched an investigation. By investigating the crime scene and collecting the surveillance video of the incident, it was found that a masked man who appeared at the scene of the crime was suspected of committing a major crime. The police repeatedly combed the context of the case, spliced and restored a shredded China welfare lottery ticket in the trash can of the suspect’s temporary residence, and found that the purchase time of the lottery ticket coincided with the suspect’s itinerary. So they went to the lottery site to obtain the physical characteristics of the suspect, and finally locked the identity and activity track of the theft suspect Chen, and successfully captured him.
After the trial, Chen told the truth about the fact that he went to foot bath shops and other places to steal mobile phones many times. At present, Chen has been taken compulsory measures according to law.
Keep sliding to see the next one.
8 hours to solve the case | a lottery ticket to find the suspect! Haiyuan police quickly cracked a theft case. The news propaganda group Ping An Haiyuan touched the original text.
Ping’ an Haiyuan Zan shared in reading and writing a message, swiping up to see the next one.
Original title: "8 hours to solve the case | a lottery ticket to find the suspect! Haiyuan police quickly cracked a theft case.
Read the original text
As the saying goes, "A golf course is half a popular history. It shows the significance of golf to Volkswagen Group. Since the launch of the model for 47 years, the cumulative sales volume is close to 40 million, ranking third in the world, which can be regarded as a satisfactory report card. Because of its pivotal position, the domestic market pays great attention to the listing of the eighth generation golf. After all, as a hatchback niche model, its performance in recent years is also relatively low. As the benchmark of this market segment, can golf inject new vitality into hatchback cars through the iteration of models?
However, since the launch of Golf 8 in November last year, its sales performance has fallen far short of expectations. Feeling disappointed at the same time means that consumers are not too cold about this newly replaced golf. As a global model that has been selling well for many years, is Golf 8 unacceptable?
It is precisely because domestic consumers love SUV models, and often independent brands lock the first launched models as SUVs, including the now famous new car-making forces Weilai, Tucki, Ideality and Weimar, etc., all of which send an SUV model first. Introducing an SUV with stronger passability than a car makes it easier for car companies to open the market smoothly.
For the car category that emphasizes driving maneuverability and comfort, consumers will prefer the traditional sedan shape, which is more practical without it. Especially in our country, even luxury brands are introduced into China, and they may not have the courage to go public without lengthening and broadening. It can be clearly seen from the sales list of last year’s models that the top ten are all sedan cars or SUVs.
The hatchback structure of golf is really embarrassing. It is an indisputable fact that hatchbacks have fallen out of favor in the mass market, leaving only so-called feelings, but it is difficult to resonate with consumers. For example, Mazda Angkor Sela and Buick Weilang have cancelled the supply of hatchback versions due to poor sales; Many hatchback models, such as Honda Fit, Toyota Zhixuan, Ford Focus, etc., have also begun to increase the cross-border style version in order to stabilize the pattern, but it is still difficult to have the explosion of hatchbacks like Nissan Tiida and Volkswagen Polo.
You know, in the most brilliant golf 7 period, its domestic monthly sales once reached 26,000, and the average monthly sales exceeded 10,000, so there was no pressure, and there were even cases where it was necessary to raise the price. However, times have changed. In the past few months, the highest performance of Golf 8 was only about 7,500 vehicles in the first full month after listing, and then it fell to more than 5,000 vehicles in January of the new year, which was more negative than the previous generation products at the end, and quite different from the heyday.
Before the peak was revealed, fatigue began to appear. We can attribute the poor sales to the fact that the new car has just been listed, the terminal discount has not yet started to be released, and consumers are generally on the sidelines. However, it also reflects the problem of insufficient cost performance of Golf 8 from another side. Although the starting price of the new car of 129,800 is slightly lower than that of the previous generation, it can be seen that the main model is 1.4T power, but its starting price has risen to 148,800.
Like the popular hatchback models Fit or Tiida, their price ranges are mostly in the early 100,000 s.. If it rises to around 130,000, I am afraid that I will be asked: Isn’t Xuanyi Corolla fragrant? Golf is a little higher than Fit and Reach. Of course, golf is really above them, but according to consumers’ usage habits, they have no difference in level, and the rear seat space is not even as good as Fit, which is good at "stealing space".
The price of 148,800 yuan can be considered as a sedan Civic or Angkor Sela that also meets the needs of young people in personality, and the starting price of the high-end 1.5T and 2.0L automatic versions is only 139,900 yuan, and the proportion of the car body is even more explosive. What’s more, the current automobile market is not as single as it was five years ago, and niche golf can also be favored. The rise of independent brands will undoubtedly have a greater impact on the car-making of joint-venture brand cars, such as the high-quality showstopper character of Linke 03 and the subversive rhetoric of Geely Xingrui’s 2.0T system. What they want to chew is the cake in the 150,000 range of joint-venture brand cars.
In an era when even luxury brands have to rely on terminals to make profits, perhaps the date of golf 8 discount impulse is getting closer and closer.
According to the configuration of the overseas version, it was thought that the Golf 8 listed in China was a sincere replacement. The interior of the digital cockpit was optimized and upgraded, and with the brand-new 1.5T power, consumers naturally had a lot of expectations for the new car. Unfortunately, after the domestic launch of Golf 8, we were surprised to find that the new car still used the 1.2T and 1.4T engines of the previous generation. The unsynchronization with the overseas version inevitably made domestic consumers feel unbalanced.
Although the difference between 1.5T and 1.4T is only 0.1L, and there is no obvious difference in power parameters, the gap between the two engines is a whole generation of research and development time-consuming. As early as 2016, Volkswagen Group released a new generation of EA211 1.5T Evo engine, which was widely used in overseas models. After four years of precipitation, it still doesn’t appear on the new generation of domestic golf 8. Don’t the public know the importance of the China market?
The existing EA211 1.4T engine has been in service in the market for many years, which has made great contributions to golf. However, compared with the slightly backward stability, consumers prefer to choose the most advanced products. The new Volkswagen EA211 1.5T Evo engine is equipped with a variable cross-section vortex supercharger, which can also drive the turbine to rotate at low engine speed, thus improving the lag of the previous 1.4T turbine machine. At high engine speed, with the increasing waste pressure, the angle of the guide vane of the supercharger also expands, achieving an ideal supercharging effect.
In addition, thanks to the introduction and optimization of many new technologies, such as ACT active variable cylinder, VTG variable turbine geometry, high compression ratio Miller cycle, GPE gasoline particulate trap, brand-new intermediate cooling and intake system and more accurate temperature management, EA211 1.5T Evo engine can bring better fuel economy to new cars. It is reported that although the displacement has increased, the official fuel consumption per 100 kilometers has become lower.
It is estimated that the time of EA211 1.5T Evo engine on domestic golf version will be in 2023, and it will take a long time. From the perspective of domestic consumers, it is obviously difficult to understand that there is a better engine technology, but an old power that has no market competitiveness is adopted. It is no wonder that the new generation of golf is in a state of being willing but unable to do so.
It has already entered a niche market, and the price competition is unprecedented. In addition, due to the recall of the overseas version of the new golf due to software problems, the confidence of domestic consumers in the reliability of the new golf has been weakened, and the concept of "digital golf" has become a laughing stock. As a legendary model with a long history, it really shouldn’t. It can only be said that it is really not the best time to start golf 8.
Figure | from the network
The Spring Festival of the Year of the Dragon is approaching, and the New Year of the League is just around the corner. In order to ensure the food safety of the general public and have a healthy, peaceful and safe festival, on January 19th, Shiyan Market Supervision Bureau reminded the catering service units and consumers to keep in mind the food safety.
Reminder to catering service units
Standardize the processing operation.Operate with a valid Food Business License. Buy ingredients from formal channels to ensure that the ingredients are fresh and traceable. Separate raw and cooked processed foods, and cook them thoroughly to prevent cross-contamination. Do a good job in disinfection and cleaning of tableware and disposal of kitchen waste. It is strictly forbidden to process, sell and sell foods that do not meet the food safety requirements, such as corruption, deterioration and expiration, and shall not be overloaded.
Strict management personnel.Employees should obtain health certificates before taking up their posts, strictly follow the daily morning check-up system, carry out pre-job health check-up and body temperature monitoring, and employees with fever, cough, vomiting, diarrhea, pharyngeal inflammation and skin wounds or infections should leave their posts immediately. Employees should pay attention to personal hygiene, wear clean work clothes and masks, enter the food operation area after strict cleaning and disinfection of their hands, and their hair should not be exposed during operation, and they should not leave long nails, paint nail polish or wear accessories.
Strict procurement inspection.Clear the person responsible for purchasing and acceptance, and truthfully record the product name, specification, quantity, production batch number, shelf life, supplier name and contact information, purchase date and other information. When purchasing fresh meat and meat products, you should carefully check whether the supplier’s license is complete, whether there is a meat inspection and quarantine certificate, and whether the outer packaging and labeling of prepackaged meat products meet the requirements.
Manage in good faith according to law.It is strictly forbidden to operate ingredients with unknown sources; It is forbidden to purchase, store and use nitrite; It is strictly forbidden to purchase and use the meat of livestock and animals and their products that have died of illness, poisoning or unknown cause of death; It is forbidden to purchase, store and use wild animals and their products; It is strictly forbidden to process and sell illegal fishing catches and aquatic products of unknown origin; It is strictly forbidden to raise and slaughter livestock and animals on the spot in catering service places; It is forbidden to purchase, process and supply toxic, harmful and spoiled food; Illegal addition of non-edible substances and abuse of food additives are strictly prohibited.
Strict distribution management.Collective dining distribution units, central kitchens and online ordering, etc., advocate "non-contact" distribution and promote the use of "food safety seal". Clean and disinfect the distribution sites, delivery boxes, delivery vehicles, food containers and their packaging, and tightly package and seal the catering food to ensure that the food distribution process is not polluted.
Strictly mark the price clearly.Clearly mark the service items, service contents, prices or valuation methods in a conspicuous way. Do not sell goods or provide services at a higher price than the marked price, and do not charge any unspecified fees; When carrying out promotional activities, the information of the activities shall be fully, truly, accurately, clearly and conspicuously marked, and false or misleading pricing methods shall not be used to mislead relevant operators and consumers and infringe on consumers’ rights and interests.
Reminder to consumers
Prefer qualified merchants to eat.When dining out or ordering food, you should choose a catering unit with legal and valid Food Business License, quantitative evaluation grades of A and B, and good sanitary conditions. Do not order take-away food of unknown origin. When ordering a large number of meals as a group meal, you should order from a unit with the qualification of group meal distribution.
Homemade dishes to prevent safety risks.Homemade dishes for family dinners and gatherings should ensure that perishable food raw materials and cooked food products can be stored under refrigerated conditions; The prepared meals should be eaten within 2 hours after completion, and should not be stored at room temperature for a long time; Don’t abuse food additives when making food.
Pay attention to safety and nutrition when choosing ingredients.Do not eat foods of unknown origin and foods that have deteriorated, have incomplete packaging labels or have exceeded the shelf life; Do not eat illegal food, eat little or no raw aquatic products, and be careful to eat high-risk foods such as cold meat and cold dishes, green beans and wild mushrooms; Try not to choose foods that are not often eaten or allergic, especially for people who are pregnant and weak; Eat more light and healthy foods such as fresh vegetables and fruits rich in cellulose and vitamins, do not overeat, mix meat and vegetables, and have a balanced diet.
Advocate frugal and civilized consumption fashion.During the Spring Festival dinner, we should establish a correct concept of consumption, order food according to needs, consume in a civilized and rational way, advocate the use of public chopsticks and spoons or separate meals, and eat in a civilized way, so as not to waste, compare with others and show off, and resolutely put an end to "waste on the tip of the tongue".
Rationally safeguard one’s own rights and interests according to law.Dining consumption should take the initiative to ask for bills and vouchers and keep them properly. If you feel unwell after eating food, you should immediately stop eating suspicious food, seek medical treatment as soon as possible, and keep suspicious food samples, consumption vouchers, medical records and other relevant evidence. In the event of a consumer dispute, you can negotiate with the merchant in time; If negotiation fails, consumers can log on to the national 12315 platform (website:http://www.12315.cn/), 12315 mobile APP, 12315 WeChat applet, 315 reconciliation platform applet or call 12315 and 12345 to make a complaint or report.
CCTV News:The Qingming holiday will start tomorrow. What’s the weather like during Qingming? Where is the traffic jam? Let’s look at the service information of Qingming holiday.
I. Weather conditions in various places
There is much rain in the south, and the temperature rises first and then falls.
According to the Central Meteorological Observatory, on the whole, during the Qingming holiday, the south really responded to the saying that "it rains in the Qingming period".
On the 4th, there were moderate to heavy rains, local heavy rains and scattered short-term heavy rainfall in parts of south-central Jiangnan and central and western South China. From the 6th, sunny weather will gradually return to the south, and the temperature will gradually rise above 25℃.
The highest temperature in Hangzhou, Changsha and Nanchang will approach or reach 30℃ on the 6th, and the lowest temperature will be around 15℃ in the morning and evening. However, after the holiday, with the influence of cold air spreading southward, the temperature in the south will drop sharply again, with obvious fluctuations, which requires special attention.
The temperature in the north will experience a roller coaster.
From the 4th, many places in the north will have the hottest day this year. For example, today, the highest temperatures in Beijing, Tianjin and central and southern Hebei will generally rise above 25℃, and the highest temperatures in many places will reach 27-28℃. Tomorrow, the temperature in Hohhot, Taiyuan and Yinchuan will reach a new high, and the highest temperature in Xi ‘an is expected to rise to 30℃ on the 5th, which will be the first provincial-level city in the north to reach 30℃ this year, while the highest temperature in Xi ‘an will even exceed 30℃ on the 6th and 7th.
However, due to the influence of a new cold air, there will be obvious cooling in eastern Inner Mongolia, northeast China, Beijing-Tianjin-Hebei and other places from tomorrow, especially in Beijing-Tianjin-Hebei. Today, the temperature will rise to the highest point this year, and tomorrow, the temperature will generally drop to the early 20℃, and the temperature fluctuates greatly, just like a roller coaster.
It is worth noting that in recent days, most of the north has high temperature, little precipitation, dry air and dry things, and the meteorological grade of forest fire danger is extremely high. Tomorrow will be the first day of the Qingming holiday, and the peak of sweeping and hiking activities will come.In Beijing, Tianjin, Hebei, Shanxi, Sichuan, Yunnan and other places, the meteorological level of forest and grassland fire is high or extremely high. Local people must pay special attention to the safety of using fire in the wild and civilized sacrifices to prevent fires..
Second, the traffic situation
From 0: 00 on April 5 to 24: 00 on April 7, the national expressway continued to implement the toll-free policy for small passenger cars with 7 seats or less, and the Ministry of Transport released the travel forecast for Tomb-Sweeping Day this year.
The overall traffic flow is tidal.
It is estimated that the traffic flow of the national highway network and the national expressway network will increase as a whole from April 4, 2019 (the day before the holiday). During the holiday, the traffic flow is obviously higher than the working day level, and the hourly traffic flow is generally tidal, with obvious peaks in the morning and evening, with traffic peaks appearing at around 9-11 am and 15-17 pm every day. It is estimated that the traffic flow of the national highway network will reach its peak at around 9-11: 00 on April 5 (Qingming Day, the first day of the holiday), and there will be a peak of holiday travel; On April 7 (the last day of the holiday), around 17-19 o’clock, a small return peak was formed; On April 8 (the first working day after the festival), it returned to the daily level.
Which areas and sections are congested?
During the Qingming holiday, it is estimated that the areas with large traffic volume and serious congestion are mainly concentrated in Beijing-Tianjin-Hebei, Yangtze River Delta, Pearl River Delta, Chengdu-Chongqing and other places, and the sections with large traffic volume are mainly concentrated in the expressways entering and leaving the city in big cities, the expressways at urban airports and the local sections of highways leading to cemeteries and popular scenic spots. During the departure and return phases, it is expected that there will be different degrees of congestion in the main passage sections of Beijing, Shanghai, Guangzhou, Chengdu, Chongqing and other big cities, the inbound and outbound sections of the surrounding expressway network, and some bottleneck sections with low traffic capacity.
During the Qingming holiday, the regional distribution of the traffic volume of the national highway network is quite different. The Yangtze River Delta, Pearl River Delta, Beijing-Tianjin-Hebei and Chengdu-Chongqing regions with large population, developed road network and high economic level are still areas with large traffic volume, mainly concentrated in Shanghai, Jiangsu, Zhejiang, Guangdong, Hunan, Beijing, Hebei, Shandong, Henan, Sichuan and other provinces (cities).
Third, go for a walk and enjoy the flowers
The Qingming small holiday is also a good time to travel. In the choice of tourist destinations, the data shows that among the five popular scenic spots for driving in China during Tomb-Sweeping Day,Hangzhou West Lake Scenic Spot has the highest travel heat, followed by the ancient town of xitang Scenic Spot, Fenghuang Ancient City Scenic Spot, China Baili Rhododendron Scenic Spot and Luoyang Longmen Grottoes..
In spring, there is a kind of flower that is particularly popular. As long as it is in the flower viewing season, major parks can start the mode of "conformity" almost every day.
This is the cherry blossom that often appears in various TV dramas and cartoons, with its own "romantic gene".
In recent years, every time the cherry blossoms are in full bloom in March and April, there is always a cherry blossom viewing craze all over the country. Take Wuhan this year as an example. In March, the number of people who registered for the cherry blossom tour in Wuhan through the tourism platform increased by 40% year-on-year. On the first weekend after the cherry blossoms were in full bloom, the flow of people in more than 20 cherry blossom viewing areas such as Wuhan University, Donghu Cherry Blossom Garden, Qingliangzhai and Dijiao Park exceeded 300,000.
During the small holiday, do you want to go to a cherry blossom viewing appointment with your friends? Today, CCTV News sends you a "Raiders" to enjoy cherry blossoms, and let’s get to know them together.
Producer/Editor-in-Chief Yang Jihong/Wang Xingdong
Editor/Jiang Anqi Hu Mengyu
Every AI news, recently, Sao Paulo, Brazil’s largest city, has suffered from severe storms many times. On the afternoon of January 9, local time, the emergency management center of S? o Paulo issued a flood warning, announcing a state of flood alert. As of 18: 00 on the same day, strong storm weather has caused more than 300 tree collapses in the city. In addition, the strong wind also caused damage to the power grid in Sao Paulo, causing power outages in many urban areas. In the south of the city, a man was electrocuted after being hit by a broken cable on the 9th. (CCTV News)
According to the provincial and municipal air quality forecast and consultation results, Zhengzhou will experience a round of moderate-severe pollution from January 11th. According to the requirements of joint prevention and control of heavy polluted weather in Henan Province and the Notice of the General Office of Zhengzhou Municipal People’s Government on Printing and Distributing the Emergency Plan for Heavy Polluted Weather in Zhengzhou City (Zheng Zheng Ban [2023] No.43), Zhengzhou issued a yellow warning for heavy polluted weather, and started the Class III response of heavy polluted weather at 18: 00 on January 10, 2024.
During the yellow warning period, citizens should do a good job in health protection. Children, the elderly and susceptible people with cardiovascular and cerebrovascular diseases and respiratory diseases should stay indoors, and protective measures should be taken if they really need to go out; The general population should reduce outdoor sports and outdoor work time. If it is inevitable, it is recommended to take protective measures.
Advocate public green consumption and green travel, try to travel by public transport or electric vehicles, stop the car in time, and reduce the idle running time of the vehicle; Advocate public green life and reduce energy consumption.
Relevant departments should implement emission reduction measures for industrial sources, dust sources, mobile sources and non-point sources. Including the National Fourth Diesel Truck, it is forbidden to drive into the south of the North Fourth Ring Road (Dahe Road, excluding this road), the west of the East Fourth Ring Road (including this road), the north of the South Fourth Ring Road (including this road), and the east of the West Fourth Ring Road (even Huo Expressway is not allowed in the area).
This round of early warning is expected to be lifted on January 15, and the specific lifting time is subject to the official notice according to the results of the consultation and judgment.
(Zhengguan journalist Qi Qijuan trainee reporter Huang Qiyue)
issue
May everyone’s wishes come true in the new year, and their actions will be smooth, joyful and peaceful.
The mountain is high and there is a walk, and the water is deep and there is a boat. Harmony is spring, and the new year is better than the old year.
May the epidemic and all unhappiness disappear with the bell this year. The new year is healthy, safe and smooth. It is booming.
See you in 22 years. Hello in 23 years. In the new year, happiness and well-being, everything goes smoothly, and the right company is also the warmth of unexpected encounters. Come on in 2023!
Goodbye, in 2022, all the sufferings will drift with the wind. In 2023, I wish people all over the world peace, health, happiness and happiness, and all the good things and expectations will come as scheduled!
New Year’s Day is full of vitality, symbolizing new life and new hope, and also placing people’s good wishes and expectations for the future.
Too soon, 2022 will pass, and 2023 will be welcomed. May all people, Xin Fuan Kang.
Say goodbye to 2022, usher in 2023, and 2023 will go hand in hand!
New Year’s Day refers to the morning of the first day of the first month of each year, that is, the beginning of the New Year.
I wish the people of the whole country good health and happy family in advance. I wish the motherland better and better.
I wish you all a happy new year, good health and happiness every day.
The winter is over, the Milky Way is bright, and everything goes well in the new year.
In the new year, I wish the motherland continued good weather, peace and prosperity!
I hope everyone will work hard in the new year!
Season after season, joy had followed joy, may the new year be better than the old one.
I wish the people of the motherland a happy New Year! Everything goes well!
I wish the people of the whole country good health and all the best.
May the heart be happy and everything be happy, and the year will be peaceful!
Our reporter Zhang Jingchao reports from Beijing.
On the evening of December 12, WANDA CINEMAS announced that WANDA CINEMAS’s indirect controlling shareholder, Beijing Wanda Cultural Industry Group Co., Ltd. (hereinafter referred to as "Wanda Culture") and its wholly-owned subsidiary, Beijing Hengrun Enterprise Management Development Co., Ltd. (hereinafter referred to as "Beijing Hengrun"), and the company’s actual controller, Wang Jianlin, Signed the Equity Transfer Agreement on Beijing Wanda Investment Co., Ltd. (hereinafter referred to as "Equity Transfer Agreement") with Shanghai Ruyi Investment Management Co., Ltd. (hereinafter referred to as "Ruyi Investment"), and planned to transfer 51% equity of Beijing Wanda Investment Co., Ltd. (hereinafter referred to as "Wanda Investment") to Ruyi Investment. According to the Equity Transfer Agreement, the total transfer price was RMB 2.155 billion.
If the above transaction is finally implemented, Ruyi Investment will hold 51% equity of Wanda Investment, and Ke Liming, as the actual controller of Ruyi Investment, will indirectly control 20% equity of WANDA CINEMAS through Wanda Investment. In addition, China Ruyi Film and Television, which is controlled by Ruyi through an agreement, holds 49% of Wanda Investment, and Ke Liming also holds 16.34% of the total share capital of China Ruyi. Wang Jianlin indirectly controls 10.9% equity of WANDA CINEMAS through Wanda Culture, Shenxian Rongzhi Xingye Management Consulting Center and Lin Ning. Colliming will eventually become the new actual controller of WANDA CINEMAS.
The reporter of China Business News learned that China Confucianism was formerly known as Hengteng Network. In October 2020, Hengteng Network wholly acquired Ruyi Film through allotment and issuance of shares and subscription of equity, with a total transaction amount of about HK$ 7.2 billion (at that time, it was about RMB 6.2 billion). However, in November 2021, with the departure of Evergrande, Ke Liming, the real controller of Ruyi Film, became the largest shareholder of Hengteng Network, while Tencent Holdings and United Resources Investment Holdings ranked second and third. In February 2022, Hengteng Network was renamed as "China Confucianism".
According to China Ruyi’s mid-year report in 2023, the company’s business mainly includes film and television drama production, online streaming platform pumpkin movies and games. After holding WANDA CINEMAS, it means that China Confucianism and Italy will open up the downstream film industry, and its strength should not be underestimated.
The whole process of transfer
Two equity transfer transactions with Ruyi Investment contributed to the change of WANDA CINEMAS’s actual controller, but in addition, Wanda Investment has transferred WANDA CINEMAS shares several times in 2023.
In April this year, WANDA CINEMAS issued the Announcement on Pre-disclosure of Shareholding Reduction by Controlling Shareholders. According to the announcement, Wanda Investment, the controlling shareholder of WANDA CINEMAS, holds 849,811,931 shares, accounting for 38.99% of the company’s total share capital. Wanda Investment plans to reduce its shareholding by no more than 65,381,064 shares through centralized bidding and block trading, accounting for 3% of the company’s total share capital. The reduction will be completed within 6 months, and the reason for the reduction is "own capital demand".
On July 12th, WANDA CINEMAS issued another announcement to remind Wanda, the controlling shareholder, to invest in the transfer of equity. According to the announcement, Wanda Investment transferred 180 million shares of the company to Lu Lili through agreement transfer, accounting for 8.26% of the company’s total share capital. Lu Lili is a legal person of Shanghai Oriental International Film and Television Culture Communication Co., Ltd. Subsequently, on July 17, Wanda Investment and its concerted action person, Shenxian Rongzhi, signed the Share Transfer Agreement on WANDA CINEMAS Co., Ltd., stipulating that Wanda Investment would transfer 177,352,994 shares of WANDA CINEMAS unrestricted shares held by it to Shenxian Rongzhi, accounting for 8.14% of the company’s total share capital.
On July 20th, WANDA CINEMAS announced that Wanda Culture, the indirect controlling shareholder of the company, transferred its 49% equity of Wanda Investment to Ruyi Investment at a transfer price of 2.262 billion yuan. After changes in equity, Confucianism and Italian Investment indirectly held 216 million shares of WANDA CINEMAS through Wanda Investment, accounting for 9.8% of the total share capital.
China Ruyi said in the announcement at that time that although Ruyi Investment would directly hold 49% of the shares of Wanda Investment, it had no intention of appointing directors to Wanda Investment and would not participate in the daily operation and management of Wanda Investment. Wanda Investment will not be a subsidiary of China Confucianism and Italy, and its financial performance will not be incorporated into the comprehensive financial statements of China Confucianism and Italy. At that time, the actual controller of WANDA CINEMAS was still Wang Jianlin, but after the signing of the Equity Transfer Agreement, the actual controller of WANDA CINEMAS will be changed from Wang Jianlin to Ke Liming.
China’s Confucianism reappears and capital operation is generous
The reporter learned from the information provided by a number of third-party organizations that WANDA CINEMAS is one of the few companies in China that has realized the integration of film and television production, distribution, cinema, film management and film projection, and its market share has also occupied the first place for a long time at the screening end. On the content level, WANDA CINEMAS is equally strong. According to public information, the "Beijing Love Story" controlled by Wanda Cinema in 2014 accumulated a box office of 406 million yuan; In 2015, the master controller produced 9 films, including Searching for the Dragon, goodbye mr. loser and Pancake Man, among which 7 films exceeded 100 million at the box office. In 2016, the master controller produced 9 films, including "Love Saint" and "Grand Prix"; In 2017, there were 16 films such as "Journey to the West" and "Master of Memory"; In 2018, in addition to the "Chinatown Detective 2" with a cumulative box office of 3.397 billion yuan, there are 10 master film projects such as "Get My Brother Away"; In 2019, there were 15 master movies including Sheep Without A Shepherd’s Flying Life; In 2021, Detective Chinatown 3, the master producer, ranked seventh in the box office list of Chinese movies with a box office of 4.523 billion yuan.
However, this year, WANDA CINEMAS’s only film projects are Space Exploration Editorial Department, Countdown Love You, Shen Jilan and Three Battalions, which will be released on December 15th. Among them, Cosmic Exploration Editorial Department has a cumulative box office of 67.043 million yuan, Countdown Love You has a cumulative box office of 26.37 million yuan, and Shen Jilan has only 4.565 million yuan. According to WANDA CINEMAS’s semi-annual financial report for fiscal year 2023, although WANDA CINEMAS achieved operating income of 6.869 billion yuan in the first half of the year, the income from cinema screening accounted for over 60%, while the income from film production and distribution and related businesses was only 202 million yuan, accounting for less than 3% of the total revenue. The cinema screening sector is undoubtedly the core asset of WANDA CINEMAS.
The momentum of WANDA CINEMAS’s projection in the cinema will help China’s Confucianism. Before Ke Liming became the actual controller of WANDA CINEMAS, China Confucianism and Italy had included three major businesses: film and television drama production, online streaming media and games. Among them, Shanghai Ruyi Film and Television Production Co., Ltd., a subsidiary, participated in films such as Hi, Mom, A Little Red Flower and Moon Man, and participated in the production of dramas such as No War in Peiping, nirvana in fire and My Fireworks on Earth. In 2023, the main films included Exchange of Life, Keeping You Safe and Warmth. China Ruyi also owns Pumpkin Movie, a streaming media platform. The business segment had 70.84 million registered members when the data was last published in 2021, of which 28.68 million were paid subscription members. The game business of China Confucianism began in 2022, and Beijing Confucianism Jingxiu Network Technology Co., Ltd. was established to lay out the game business. China Confucianism said in the announcement at that time that it would get Tencent’s support in technology, channels and funds.
Before WANDA CINEMAS changed hands, there had been many large-scale capital operations of Confucianism and Italy in China. In 2020, when Hengteng Network acquired Ruyi Film, the two sides signed a three-year gambling agreement, and Ruyi Film was required to achieve an annual net profit of 400 million yuan, 500 million yuan and 600 million yuan respectively from fiscal year 2021 to fiscal year 2023, with a profit of 1.5 billion yuan in three years. After the transaction is completed, the shareholding ratio of Evergrande and Tencent in Hengteng Network is 45.55% and 16.9% respectively. Ke Liming became the third largest shareholder of Hengteng Network, holding 12.5%.
In 2021, with a guaranteed price of 1.5 billion yuan, Ruyi Film bought out Hi, Mom’s share of the profits from the first producer, Beijing Culture. In the end, the box office in Hi, Mom exceeded 5.4 billion yuan. With this transaction, Confucianism and Italian Film successfully completed the above gambling agreement.
At the beginning of this year, among the four cornerstone investors introduced by Lehua Entertainment IPO, Sun Mass Energy, a wholly-owned subsidiary of China Confucianism and Italy, subscribed for 7.9 million US dollars in offering shares, making it the largest one.
(Editor: Zhang Jingchao Proofreading: Liu Jun)