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Before talking about extreme yue, it is necessary to talk about Wei Lai first.

In November, Weilai Automobile achieved a sales volume of 20,575 vehicles. Although 5,082 of them were contributed by the second brand Ledao, in any case, from the total sales volume of the two major brands, Weilai Automobile has stabilized at more than 20,000 vehicles for seven consecutive months. In the new power camp of independent pure electricity, this achievement is the existence of the top five, the absolute head echelon!

In addition to sales, look at the financial report. As we all know, up to now, Weilai Automobile has not achieved profitability.

In the first three quarters of this year, the quarterly net loss of Weilai Automobile exceeded 5 billion yuan. Looks dangerous, doesn’t it? However, according to the third quarter financial report, Weilai’s gross profit margin has not only increased to 13.1%, but also its free cash flow has turned positive, which means that Weilai Automobile has the ability of self-hematopoiesis and its financial health is continuously improving.

In addition, Weilai Automobile has lost tens of billions in recent years, which is also related to Weilai Automobile’s huge investment in the field of power exchange. In the past year or so, Weilai Automobile has signed power exchange strategic agreements with many domestic mainstream car companies, and the power exchange alliance with Weilai as the link is growing.

With the gradual landing of the power exchange layout of various car companies, this is a signal that Weilai is expected to enter the "payback period". You know, the alliance is getting bigger and bigger, car companies share the cost, the standards are gradually unified, and Weilai will invest less and less in the field of power exchange.

In terms of technology, from intelligent cockpit to intelligent driving, from chip to operating system, Weilai has laid a good foundation, and the next "building" speed will only get faster and faster. This year marks the tenth anniversary of Weilai’s founding. It is said that Weilai may release a third brand firefly in the upcoming NIO day 2024.

There is no other reason for saying so much, just to prove that Weilai Automobile is continuing to improve.

What’s the matter with Guan Ji Yue? When Xia Yiping, CEO of Jiyue Automobile, communicated with all employees through video conference, Xia Yiping mentioned that the following four things need to be done when the company enters the 2.0 stage of entrepreneurship: 1. Adhere to the long-term investment in core technologies to maintain the leading edge; 2. Strengthen sales and service capacity building to cope with fierce market competition; 3. Merge departments and posts with duplicate functions and change inefficient internal workflow; 4. Reduce projects that cannot improve financial performance in the short term.

Are these four measures familiar? About a year ago, Weilai Automobile was experiencing the second "bankruptcy rumor".

At that time, Li Bin’s internal staff letter "Organizational Optimization and Two-year Priorities" mentioned Weilai Automobile’s organizational and business optimization plan: to ensure long-term investment in core key technologies and maintain the leading edge of technology and products; Ensure that sales and service capabilities can cope with fierce market competition; Ensure that 9 products of 3 brands are listed as scheduled; Organize and improve efficiency, merge redundant departments and posts, and change inefficient internal workflow and division of labor; Improve the efficiency of resources, postpone and reduce the project investment that can not improve the company’s financial performance within 3 years.

Comparatively speaking, the similarity between Ji Yue and Wei Lai’s "self-help" plan is at least 90%, right?

It is a compulsory course for rulers of past dynasties in historical civilization to learn from others’ experience and spur themselves, and it is also a truth that quality education has taught for a long time. A year ago, Wei Lai, like Ji Yue now, faced a "big test" about life and death. Now Weilai has stepped out of the quagmire of public opinion. Even though there are still losses, there are still challenges in development. However, compared with the situation of "life and death" in 2019 and the situation a year ago, Weilai has greatly improved.

Whether Xia Yiping copied it or carefully pondered Weilai’s organizational optimization strategy, it seems that there is nothing wrong with taking the road of Weilai Automobile. Stabilizing the storm of public opinion, strengthening superficial confidence, reducing staff and costs, and cutting down projects with large investment are indeed things that need to be done at present. Only by doing these things well can we survive.

However, Xia Yiping seems to have overlooked one thing. In the past ten years since its establishment, Weilai Automobile has suffered a bankruptcy storm, and it has been on the verge of life and death for several times, with a loss of nearly 100 billion yuan. However, Weilai Automobile’s pre-sales and after-sales service, power exchange advantages, user reputation, technology matrix and high-end brand tonality all have Weilai characteristics. In the fierce market competition, Weilai Automobile is not a fight with bare hands.

However, in order to do these characteristics well, Weilai Automobile’s excessive investment in marketing and huge investment in changing power stations really need to be "changed" through the optimization of organizational structure. In other words, what Wei Lai mainly needs to change is the thinking and mentality of spending money lavishly.

This is the difference between Extreme Yue and Weilai, and it is also the reason why the organizational structure optimization strategy of Weilai Automobile may be difficult to apply to Extreme Yue.

From the birth point of view, as a new force car enterprise that Baidu and Geely Automobile cooperate, it is more reasonable to say that it is a new force car enterprise born with a golden spoon, which has more foundation than the new cross-border forces such as Weilai, Tucki and Ideality. However, the design at the product level is too advanced, the pricing is not close to the people, and the impression of the organization level, the secret game between the two companies, the disagreement of the leadership and other factors has finally failed to make Extreme Yue "an instant hit".

Since it went public in October last year, its sales have not improved much. After the price reduction again in July this year, the Extreme Yue 01 has a certain growth, but it has gone downhill since it sold 2147 units in August. As the second model of Extreme Yue, it has learned the experience of Extreme Yue 01, and the price in one step has finally made Extreme Yue "proud" in the vertical sense, with orders exceeding 5000+ within 48 hours of listing.

From September to November, the sales volume of Extreme Vietnam in 2007 was 927, 1936 and 1030 respectively. Although it is much better than the data of Extreme Yue 01, we should know that the medium and large pure electric car market where Extreme Yue 07 is located is not only full of strong rivals, but also its monthly sales volume has exceeded 20,000 vehicles for two consecutive months, and the latest Tucki P7+ has achieved 6,950 vehicles in the first month of listing.

Compared with the sales of most models of the same class, Extreme Yue 07 has also become an "upset".

It is worth mentioning that, although Extremely Yue has always emphasized that it is the best car company in intelligent driving, as of now, Extremely Yue has not opened the city pilot, and the label of the strongest intelligent driving has not been set up, while the other three power companies, chassis and architecture, mainly rely on Geely’s output. In other words, there is almost no visible capital that can make capital and market trust again.

What does this mean? It means that the process of "actively promoting financing" mentioned by Ji Yue will be very difficult, and it also means that it may be difficult for both shareholders to rekindle confidence. Since the release of Taizhou Declaration, Geely has moved from strategic expansion to strategic focus. On the basis of focusing on Great Geely and Great Krypton, it may be difficult for Geely to be distracted.

According to media reports, Extreme Yue has not only owed Geely a lot of OEM expenses and suppliers’ payment, but Baidu is not optimistic about the prospect of achieving profitability for Extreme Yue, so it chooses to stop loss in time. Of course, there is also a saying in the industry that Baidu is willing to continue to invest, but only if Xia Yiping must leave the CEO position.

No matter what the facts are, Baidu’s timely stop loss or watching the fire from the other side, from the rumor of bankruptcy to the rapid fermentation and spread in the industry, to the extreme crossing of Xia Yiping by employees, to the extreme crossing of the line of life and death, and now it is basically isolated and helpless.

In the eyes of many people, the ending of the extreme leap seems to have been doomed.

It is true that in recent years, the new car companies, once Weimar, Baiteng, Aichi, etc., have been gradually forgotten by the market. The high merger at the beginning of the year did not usher in a real reversal on schedule. The joint venture established by GAC and Weilai did not wait for the support of both shareholders, and Nezha, who was deeply involved in the rumors of bankruptcy, even though it was rumored again and again, the storm continued …

There are too few car companies like Weilai Automobile that have rallied from a state of near delisting and re-emerged. However, Ji Yue is not Weilai and Xia Yiping is not Li Bin, so it is hard for the market to believe that Ji Yue can become a new miracle.

Of course, for Xia Yiping, who is surrounded by employees, this philosophical problem is obviously not what he has time to think about.

Red dot observation:

From the Gaohe Ding Lei at the beginning of the year to the extreme Yue Xia Yi Ping at the end of the year, history is once again staged, and the whistle of the knockout stage is pressing. Ji Yue will not be the last one, and Xia Yiping will not be the last one. In the end, we still don’t know what the ultimate outcome is, whether it’s going against the sky or really "dissolving" on the spot, but what is certain is that it will never be easy and simple to get through this difficulty.

　　"Let us join hands, stand on the right side of history, stand on the side of human progress, and make unremitting efforts to achieve sustainable and peaceful development of the world and promote the building of a community of human destiny!"

　　Raise the flag in the storm, and steer in the cross-flow of the sea. Since the 18th National Congress of the Communist Party of China, in the face of the unprecedented changes in the world in the past century, the Supreme Leader General Secretary, standing at the height of the future and destiny of mankind, has profoundly analyzed the historical trend, clearly declared China’s unswerving determination to take the road of peaceful development and modernization, condensed the forge ahead for the cause of peaceful development of mankind, and guided the way forward for the world to move towards a better tomorrow.

　　Peace is the common value of all mankind; Peaceful development is the most basic element and the most distinctive background of the Chinese dream; Always being a builder of world peace is an inevitable conclusion drawn from the objective judgment of history, reality and future, and it is also China’s solemn commitment and action. It is not only a great contribution of an ancient nation, but also a great victory of human civilization to join hands with other countries to create a peaceful world of shared development and prosperity and let the torch of the community of human destiny light up the future.

　　A new road to rejuvenation that is strong but not hegemonic.

　　Turning over the long history, the process of western modernization is almost accompanied by the process of capitalist global expansion. From the opening of new trade routes to the formation of the capitalist world market, the first-developing countries relied on brutal aggression, bloody plunder and colonial oppression against other countries and nations to obtain funds, raw materials, labor and markets and complete the original accumulation of capital. Throughout today’s developed capitalist countries, almost all have had brutal colonial and aggressive history.

　　In 1840, the western powers opened the door to China, and the country was humiliated, the people were in trouble, and the civilization was dusty. It was invaded, humiliated and plundered by the powers for more than a hundred years, until the founding of People’s Republic of China (PRC), and the historical turning point of "China people stood up from now on" was realized. The Communist Party of China (CPC) led the people of all ethnic groups to unite and struggle, and the Chinese nation ushered in a great leap from standing up, becoming rich and becoming strong. China is increasingly approaching the center of the world stage, becoming the mainstay of maintaining world peace and stability and the backbone of promoting global development and prosperity.

　　The fate of ancient China reflects the robber logic of western powers’ expansion and predatory modernization, shows the broad road for the late-developing countries to seek national liberation and independent development, and shows the determination of peace-loving nations to unswervingly follow the path of peaceful development. Since the founding of New China, China has not provoked any wars and conflicts on its own initiative, and has never invaded an inch of other countries’ land, precisely because we have an unforgettable memory of the sufferings caused by the war and a tireless pursuit of peace. No matter how developed it is, China will never seek hegemony, never expand, and never impose its own tragic experience on other nations.

　　On this road of rejuvenation, China, which accounts for one fifth of the world’s population, has made great strides towards modernization in a peaceful way. For the world, this is of great and far-reaching significance. The modernization pursued by China is peaceful development rather than predatory colonization, win-win cooperation rather than zero-sum game, and sharing destiny rather than beggar-thy-neighbor. Taking the road of peaceful development is an abandonment and transcendence of expansionary predatory modernization, an important contribution to the cause of world peace and development and the only way to build a community of human destiny.

　　— — Abandoning and surpassing the expansion and predatory modernization. Western powers pursue external expansion and compete for world hegemony. The global pattern and international order are constantly changing and reconstructing in confrontation, conflict and war. The concepts of "clash of civilizations", "national power must dominate" and "zero-sum game" are deeply rooted. However, world multipolarization, economic globalization, social informatization and cultural diversity are irresistible, and the historical experience of some countries cannot be the only "golden law" to solve practical problems. The great achievements of Chinese modernization depend on the struggle, hard work and innovation of more than one billion people, and have created "two miracles" of rapid economic development and long-term social stability with their own hands. China has gone through hundreds of years of industrialization in developed countries for decades, becoming a model of peaceful rise, and taking the right path of strengthening the country, being kind and harmonious. In this regard, former US President Carter commented: "China did not waste a penny on the war." Martin jacques, a British scholar, praised that China has provided a "new possibility" for the world, that is, abandoning the law of the jungle, refraining from monopolizing power, transcending the zero-sum game and opening up a new path of civilized development with win-win cooperation.

　　— — An important contribution to the cause of world peace and development. China is the largest developing country in the world. It is a contribution to world peace and development to concentrate on running its own affairs and make the country richer and its people happier. In recent years, the contribution of China’s economy to world economic growth has remained at about 30% on the whole, which is the biggest engine to stimulate world economic growth. As a responsible big country, China actively and comprehensively participated in and promoted economic globalization, combined the peace gene in its own culture with the development needs of modern international relations, and contributed valuable ideas and wisdom to the international community. From the Five Principles of Peaceful Coexistence, an independent and non-aligned foreign policy of peace, to building a harmonious world of lasting peace and common prosperity, to building a community of human destiny, building a new type of international relations, and building the "Belt and Road" and other important ideas and initiatives, the Communist Party of China (CPC) has actively contributed to the maintenance of world peace. For this reason, UN Secretary-General Guterres believes that "China is a major participant in the UN cause, a pillar of international cooperation and multilateralism, and plays a central role".

　　— — The only way to build a community of human destiny. With the development of the "global village" today, no country can be immune to it, and no country can conquer the world. Building a new type of international relations with win-win cooperation as the core and building a community of human destiny is a Chinese program with unique oriental wisdom that contributes to the world on the basis of profoundly grasping the historical trend and general trend. The Chairman of the Supreme Leader expounded the main connotation of the community of human destiny as follows: to establish a partnership of equal treatment, mutual business and mutual understanding, to create a fair and just security pattern, to seek open, innovative, inclusive and mutually beneficial development prospects, to promote harmonious but diverse and eclectic civilized exchanges, and to build an ecological system that respects nature and green development. Rich connotations and innovative ideas show a responsible big country’s profound thinking and mission consciousness on its own development, the world order and the future and destiny of mankind, and reflect the global view, civilization view and development view that transcend the nation-state and ideology. To build a community of human destiny, countries can realize political mutual trust, economic integration and cultural tolerance, and a world with lasting peace, universal security, common prosperity, openness, tolerance, cleanliness and beauty can be expected in the future.

　　The inevitable choice of rooting in national conditions

　　Taking the road of peaceful development is the confidence and consciousness of the people of China in realizing their own development goals. This self-confidence and self-awareness comes from the deep roots of Chinese civilization, from the understanding of the conditions for achieving China’s development goals, and from the grasp of the general trend of world development.

　　— — Pursuing peace is integrated into the cultural genes of the Chinese nation. The pursuit of peace, harmony and harmony is deeply rooted in the spiritual world of the Chinese nation and integrated into the blood of the people of China. The 5,000-year-old Chinese civilization has cultivated the traditional thought of upholding faith, repairing friendship and being kind to others, created an all-inclusive philosophy of life, and gave birth to the cultural ideal of harmony between man and nature and harmony in the world, leaving behind the spiritual heritage of being strong and not bullying the weak, being rich and not bullying the poor, and being harmonious with all nations. China doesn’t agree that "a strong country will dominate", and China people don’t have the gene of hegemony and belligerence in their blood.

　　— — A peaceful environment is necessary to promote Chinese modernization. The Communist Party of China (CPC) is a faithful inheritor of China’s excellent traditional culture. In order to strive for national independence, people’s liberation, achieve national prosperity and people’s happiness, he has gone through all kinds of hardships, knowing that peace is hard to come by, and knowing that building the country and improving people’s lives need a lasting and peaceful environment. The primary stage of socialism is the biggest national condition and reality to be firmly grasped; Peace in the world, peace in the country and peace in the people are the most basic and universal aspirations of hundreds of millions of people, which determines that China must concentrate on promoting modernization and solving problems of development and people’s livelihood. A harmonious and stable domestic environment and a peaceful and peaceful international environment are extremely precious. It is a glorious mission of a big developing country and a necessary prerequisite for the great rejuvenation of the nation for China to fulfill its national responsibilities and boost the historical trend of peaceful development.

　　— — Peaceful development conforms to the historical trend and the general trend of the world. Peace, development, cooperation and win-win are the trends of today’s world; Peace without war, development without poverty, stability without chaos are the true and simple common aspirations of people of all countries. Whether the influence of the BRICS mechanism continues to expand, attracting more countries to apply for membership, or the Millennium ancient city of Samarkand witnessed the largest expansion of the Shanghai Cooperation Organization in a new round; Whether the Regional Comprehensive Economic Partnership Agreement (RCEP) came into effect, the world’s largest free trade area set sail, or the "Belt and Road" circle of friends was constantly consolidated, and the meticulous and delicate "meticulous painting" was slowly spread, which proved that the concept of open development and mutual benefit and win-win was deeply rooted in the hearts of the people. Building a community of human destiny is not only written into the report of the 19th National Congress of the Communist Party of China, which is included in party constitution and the Constitution, but also written into important documents of multilateral mechanisms such as the United Nations and the Shanghai Cooperation Organization for many times, which reflects the common aspiration of people of all countries and embodies the broad consensus of the international community.

　　China’s peaceful development not only conforms to the historical trend of the Chinese nation’s rejuvenation, but also conforms to the development trend of the present era. Faced with the severe challenges faced by all mankind, such as the peace deficit and the development deficit, China adheres to mutual benefit and win-win results, and does not engage in beggar-thy-neighbor practices. The international community has more and more profound understanding of China’s goodwill and sincerity in promoting win-win cooperation. "China is good, and the world is better" has become an increasingly broad consensus of the international community.

　　China Action for Peaceful Development

　　At the forum of the United Nations General Assembly, the Chairman of the Supreme Leader made a solemn commitment: China will always be a builder of world peace, a contributor to global development and a defender of the international order. This commitment clearly shows that China will always follow the path of peaceful development, and China will never beggar its neighbors and bully the small by the big. China will further connect with the "circle of friends" all over the world, pursue an open strategy of mutual benefit and win-win, and inject new impetus into the practice of global governance of "discussing, building and sharing".

　　— — Adhere to the road of multilateralism and always be the defender of the international order. Multilateralism is an effective way to maintain peace and promote development. China upholds and practices true multilateralism, emphasizes adhering to "everyone’s affairs should be handled by everyone", advocates multilateral cooperation, supports multilateral mechanisms, explores multilateral models, alleviates contradictions, builds consensus and seeks common development through multilateralism, vigorously opposes zero-sum games and unilateral bullying, and sends a strong voice and provides solutions for maintaining peaceful development.

　　Cooperation or confrontation? China holds high the banner of peace, development, cooperation and win-win in a series of international occasions, firmly upholds the international system with the United Nations at the core and the international order based on international law, and resolutely opposes engaging in "small circles" and drawing ideological lines to provoke confrontation.

　　Development or stagnation? In order to create a new platform for multilateral cooperation and practice the responsibility of a big country, China has put forward the Belt and Road Initiative and the Global Development Initiative, promoted the signing of regional comprehensive economic partnership agreements, and boosted the development of regional multilateral mechanisms such as the SCO. Adhere to inclusiveness and provide solid support for global development on an economic basis.

　　Peace or war? China put forward the global security initiative, and put forward specific principles such as opposing unilateralism, not engaging in group politics and camp confrontation, aiming at the crux of global security, so as to contribute wisdom and strength to promoting political solutions to international and regional hot issues.

　　Open or closed? China called for upholding true multilateralism, leading the reform of existing multilateral mechanisms, supporting the reform of the United Nations, the World Trade Organization and the World Health Organization in a direction more conducive to promoting multilateralism, and actively participating in the global development agenda within the existing framework. Insist on tearing down the wall without building it, opening without isolation, and integrating without decoupling, and promote the construction of an open world economy.

　　— — Adhere to the road of peaceful development and always be a builder of world peace. China takes a clear-cut stand against hegemonism and power politics, actively participates in the construction of a lasting peace mechanism, and provides a feasible solution to the global security dilemma. The Chairman of the Supreme Leader explained the idea of peace on many important international occasions and advocated opposing the Cold War mentality, group politics and camp confrontation. Advocate mutual respect and equal consultation; Advocating the settlement of disputes through dialogue and resolving differences through consultation; Advocate helping each other in the same boat and promote the liberalization and facilitation of trade and investment; Advocating respect for the diversity of world civilization; Advocate environmental friendliness and strengthen cooperation in tackling climate change and biodiversity protection.

　　China set an example, implemented the maintenance of peace, and powerfully interpreted the responsibilities of big countries: insisting on handling territorial issues and maritime delimitation disputes through negotiations and consultations; Actively participate in the international arms control, disarmament and non-proliferation process that is crucial to global strategic balance and stability; Support UN peacekeeping, actively participate in solving major international and regional hotspot issues, persuade peace and promote talks, and maintain stability and prevent chaos.

　　— — Adhere to the road of reform and opening up and always be a contributor to global development. Development is an important foundation for solving all problems, and openness is a distinctive symbol of contemporary China. The Chairman of the Supreme Leader has repeatedly stressed that the door to China’s opening will never be closed, but will only grow wider and wider. Against the background of counter-current economic globalization, complicated and changeable international political and economic situation, and the haze of the century epidemic, China has always adhered to the basic national policy of opening to the outside world, and has continuously contributed positive energy to the world economy and created more development opportunities for all countries in the world with its sustained and steady economic development and all-round high-level opening up.

　　Promoting peace through development is an important connotation of China’s concept and practice of peaceful development. From 2013 to 2021, China’s average contribution rate to world economic growth exceeded 30%, ranking first in the world, creating huge economic benefits and providing a huge market for multinational enterprises to invest. As an important participant in the world economy, an advocate of international development cooperation and a reformer and builder of the global governance system, under the new situation, China has withstood the pressure of anti-globalization, unswervingly expanded its opening up in an all-round way, continued to share opportunities and benefits in opening up, and promoted the development of economic globalization in a more open, inclusive, inclusive, balanced and win-win direction; Comply with the requirements of the times, complement the shortcomings and strengths of the world, transform and upgrade from providing development assistance to international development cooperation, and focus on enhancing the endogenous development momentum of developing countries; Promote the establishment of a more just and rational new international political and economic order, actively participate in the formulation of governance rules in emerging fields, and get rid of unfair and unreasonable arrangements in the global governance system.

　　The Communist Party of China (CPC) is a political party with great ambition, which is not to dominate the world, but to benefit the world. "The path of peaceful development is beneficial to China and the world. We can’t think of any reason not to adhere to this path that has been proved to be feasible by practice." Peace, not war, cooperation, not hegemony, dialogue, not confrontation, and openness, not closure, are the right path in the world and can win the future. We have confidence, courage, ability and wisdom to write a new chapter in the history of national rejuvenation and contribute to the sustainable and peaceful development of the world!

　　(Research team member: Economic Daily reporter Qi Dongxiang Cao Hongyan, Luan Xiaoxiao, Niu Jin, Ouyang You, Xu Xu Qiu Lina)

　　Recently, Yang Ziqiong became the first Chinese-American best actress in Oscar history with the movie "A Moment of the Universe", and this actress branded with "Kung Fu" is attracting worldwide attention.

　　From Crouching Tiger, Hidden Dragon to Kung Fu Panda, and from Bruce Lee to Yang Ziqiong, do you know what China Kung Fu was like when it first appeared in movies? What kind of development has China Kung Fu experienced in film and television dramas? Why is China’s "Kung Fu Image" famous in the world?

　　The earliest kung fu films were born in Shanghai.

　　Kung fu film is a unique film genre in China, which was first born in the 1920s.

　　It is said that when Zhang Shichuan, then director of Shanghai Star Film Company, was checking his son’s homework, he accidentally found that he was hiding under his desk and peeking at the Legend of the Wonder Man in the Jianghu. Zhang Shichuan read it out of curiosity, but he was completely attracted by the ups and downs in the novel. Therefore, he presided over the adaptation of some paragraphs of this book and filmed the earliest kung fu film in China-"Burning Red Lotus Temple".

　　In this film, a complete martial arts world is constructed: through the synthesis of lens images, the characters complete the stunts such as walking on clouds, climbing over the eaves, becoming bigger and smaller; The use of "top-to-top" shooting shows a complete temple, rugged peaks and towers entering the clouds; "Hanging Weiya" also appeared in the film for the first time, and the actors were dragged by wire ropes and floated in the clouds.

　　On May 13th, 1928, "Burning Red Lotus Temple" premiered at the Shanghai Central Grand Theatre, which formed a hot scene of "a crowd of people rushing to see it, making a rich income". At that time, the cinema was shown four times a day, and it was still hard to get a ticket.

　　With the national popularity of the film, Star Company has successively released 18 episodes of Burning Red Lotus Temple. In the following four years, 50 film companies in Shanghai made 400 films, among which 250 films included elements of Kung Fu and Martial Arts, accounting for 62.5% of the total, which triggered a heat wave in the industry of Kung Fu and Martial Arts.

　　However, kung fu martial arts films at that time contained more supernatural elements, and the presentation of kung fu itself was relatively limited. Therefore, in 1931, the government of the Republic of China issued a decree prohibiting the shooting of such films. China Kung Fu movies have to shift their focus to Hongkong.

　　In Hong Kong, the early Kung Fu movies were mostly combined with the traditional martial arts culture, and many of them were based on case-solving novels, such as Breaking the Copper Nets and Grand Theft Mouse, which were adapted from Three Heroes and Five Righteousness, and kowloon cup, the Three Thieves, which was adapted from Peng Gong’s case.

　　It was not until the 1960s that the new martial arts films rose, and the box office of One-armed Knife, which was shot by Zhang Che, exceeded one million yuan, and come drink with me, which was directed by Hu Jinquan, broke the monopoly of Japanese samurai films in Asian film circles. Driven by them, Hong Kong Kung Fu and Martial Arts films entered an unprecedented period of prosperity.

　　Cross the ocean and be deeply rooted in people’s hearts.

　　Today, "Kung Fu" has become a unique universal language, which is deeply loved by audiences all over the world. Take North America as an example. Among the top 10 foreign language films in the box office, the four Chinese films on the list are all Kung Fu movies: Crouching Tiger, Hidden Dragon, Hero, Red Fan District and Huo Yuanjia.

　　However, China Kung Fu movies really began to attract the attention of the world film industry from Bruce Lee.

　　Bruce Lee was originally named Li Zhenfan, and his father was Li Haiquan, a famous Cantonese opera singer. When he was young, he once joined the Wing Chun master Ip Man to study martial arts. When he was in the United States, he was photographed by a talent scout and filmed the series The Green Hornet, which conquered the audience at that time with his fierce and beautiful martial arts actions.

　　After that, in a series of films, such as Big Brother Tangshan, Jingwumen, Raptors Crossing the River and enter the dragon, he raised the screen fighting to a new level. Dazzling roundabouts and chain kicks, agile inch fists and strong nunchakus, these unique "visual wonders" have aroused the global audience’s interest in China Wushu.

　　In 1973, Bruce Lee, who was only 32 years old, died suddenly, but the progress of China’s kung fu movies towards the world was not interrupted. In 1978, Jackie Chan was successful with two films directed by Yuan Heping, Snake-shaped Skillful Hands and Drunken Boxing, and a new generation of kung fu stars represented by Jackie Chan went to the world screen.

　　At the same time, the mainland film industry has also begun to recover. In the early 1980s, with the close cooperation between the Mainland and Hong Kong, Kung Fu films were further developed, and elements such as traditional martial arts moves, martial arts spirit and traditional culture were integrated into the films. Among them, the film Shaolin Temple, which Hong Kong Zhongyuan Company went to the mainland to shoot, is quite representative.

　　At that time, with the support of the State Sports Commission, a group of martial arts masters were gathered from all over the country for training, including Jet Li, a five-time national martial arts champion, and Ji Chunhua, an eagle claw boxing master. Known as the first martial arts film in New China, Shaolin Temple also lived up to expectations in box office performance, setting a global box office record of $177 million.

　　After entering the 21st century, China Kung Fu movies have paid more attention to the display of China culture and the excavation of national spirit. No matter Crouching Tiger, Hidden Dragon, Hero, Ip Man and A Generation of Masters, they have achieved good results in international film circles, showing unique oriental aesthetics and values.

　　"Chivalrous Woman" that Can’t be Ignored

　　China’s Kung Fu movies have never only male protagonists, and "Xia Nv" is also very popular.

　　As early as 1925, China released a kung fu martial arts film "Woman Li Feifei" with women as the leading role. Since then, "Woman" has become a unique type of kung fu martial arts film.

　　In the 1930s and 1940s, some of the previously elusive and legendary female Xia images were transformed into women heroes who fought against aggression, such as the movie Mulan Joined the Army released in 1939.

　　In the 1960s, Woman Xia no longer appeared in the way of disguised as a man, but had her own unique screen image. Among them, Pei-Pei Cheng’s heroine "golden swallow" in "come drink with me" is heroic, which makes the two short swords and martial arts movements clean and beautiful, and quickly wins the public’s love, becoming the representative of the first generation of "Kung Fu Actress" in Hong Kong.

　　At the same time, the famous "Xia Nv" were Lingfeng ShangGuan and Feng Hsu. Lingfeng ShangGuan played Zhu Hui, a chivalrous woman disguised as a man, in the 1967 film Longmen Inn. Xu Feng played the leading role of Yang Zhiyun in "Chivalrous Woman" filmed by Hu Jinquan. She was a representative "Chivalrous Woman" at that time because of her strong martial arts, resolute personality and deep understanding of the important principles.

　　By 1980s, the image of China’s chivalrous woman had a stronger international influence. In the video game Street Fighter, which is popular all over the world, the original character of Chun-Li was called "China Niang", and the creative inspiration of this role was Mao Ying, a kung fu actress who was active in Hong Kong film and television circles at that time.

　　It was also during this period that Yang Ziqiong came to Hong Kong and filmed The Royal Teacher Sister, becoming the representative of a new generation of "Kung Fu actresses". After that, with the help of Gao Jiping in New meteor butterfly sword, Yu Xiulian in Crouching Tiger, Hidden Dragon, Yan Yongchun in Wing Chun and Ceng Jing in Sword Rain, she performed one chivalrous woman after another incisively and vividly. Xiao yawen

Externally, Buick adopts the brand-new Buick suv family design language, with wide body and short front/rear suspension as design techniques, creating a luxury suv body ratio, providing more spacious interior space, and innovatively adopting a rare 2+3+2 seven-seat design at the same level. There are more than 40 storage spaces in the whole vehicle, and the whole system comes standard with electric glove boxes, and a high proportion of them are equipped with the second/third row of electric folding seats which are rare in the same class, so as to meet the needs of users for multi-occupant and multi-scene travel and create a perfect mobile life.

The overall layout of Angke Banner’s interior adopts Buick family’s integrated cockpit design. At the same time, a large number of high-grade soft cladding materials are used in the car, and the materials are 100% up to the EU’s environmental protection recycling standards. With the piano baking and laser carving, streamlined chrome decoration, French double stitching and other processes, the details are improved. And etrs push-button electronic gear, streaming media rearview mirror, hud head-up display system, bosecenterpoint? surround sound with 14 speakers, negative ion air purification system in the car and other configurations make the comfortable experience brought by technology at your fingertips. At the same time, Buick Angke Banner comes standard with anc active noise reduction technology, combined with Buick quiettuning’s highest level mute technology to create a luxurious and quiet space. With more than 40 storage spaces in the whole vehicle, the whole system is equipped with electric glove boxes as standard, and a high proportion of them are equipped with the second/third rows of electric folding seats that are rare at the same level, so as to meet the needs of users who travel with multiple occupants and multiple scenes and create a perfect mobile life.

The car length of Angke Banner is 4981mm, the car body width reaches 1953mm, and the wheelbase is 2863mm, which is quite satisfactory. In the same class, the wheelbase of Angke Banner ranks 26th. The interior space of the car is relatively spacious at the same level, the height and width of the car are ideal, and the legroom in the back row will not feel cramped, which belongs to the upper-middle level at the same level. The skylight of 652T four-wheel drive Avia in Angke Banner provides a larger view, which can create a better visual environment and good sensitivity for the rear passengers and increase the light entrance for the whole vehicle. The trunk volume in the normal state is 222-883L, and the expansion volume is 883L. In the same price and class, the trunk volume of Angkeqi ranks 42nd. The shape is very regular, and the storage volume is absolutely no problem for daily use.

Angkeqi is equipped with a 2.0 engine with a maximum output of 174kW and a maximum torque of 350Nm. 2.0 The power performance of the engine on Angkor Banner is quite satisfactory, and the low torque is weak and the hysteresis can be felt. The official measured zero-hundred-acceleration score of Angke Banner is 9S, ranking 58th among 250,000-400,000 SUV models.

The active/passive safety configuration of Angkor Banner is complete, includingAutomatic parking、Zero tire pressure endurance tire、Automatic parking、Steep slope descent、hill start assist control、knee airbag、HUD head-up display、Anti-lock braking (ABS)、Braking force distribution (EBD/CBC, etc.)、Brake assist (EBA/BAS, etc.)、Traction control (ASR/TCS, etc.)、Streaming media interior rearview mirror、Active noise reduction、Engine start and stop、Side safety air curtain、Wireless charging of mobile phone、night vision system、LED daytime running lights、Forward reversing radar、Tire pressure monitoring、Steering wheel heating、Automatic anti-glare of exterior rearview mirror、Body stability control (ESP/DSC, etc.)、Rear reversing radar、Collision warning/active braking、Fatigue reminder、Remote parking、Child seat interface、Lane keeping (LKAS)Equal configuration.

Among them,Automatic parkingYou can avoid stepping on the brakes for a long time or needing to pull frequently;Steep slope descentCan safely pass through steep slope road conditions at low speed;knee airbagReduce the injury of the car interior to the occupant’s knees in the secondary collision.

In order to get a more comprehensive and objective understanding of Angkor Banner, you can go to the Angkor Banner Forum of Easy Car and browse the messages of users who have bought the car in history.

　　Introduction:In recent years, public security organs around the country have further simplified administration and decentralized power, innovated management and optimized services around the vital interests of the people, and constantly promoted the implementation of public security traffic management reform measures, which have been widely praised by the society and the masses. Let’s review the new convenience measures that have achieved remarkable results in 2017 and are closely related to our lives.

　　New measures of public security reform to facilitate the people and benefit the people

　　Keywords: hukou and residence permit, certificate issued by police station, convenience and benefit service platform.

　　First, the comprehensive reform of the household registration system

　　Focus on promoting the urbanization of agricultural transfer population, speeding up the implementation of the residence permit system, solving the problem of non-hukou registration, promoting the acceptance of resident ID cards in different places, cleaning up and rectifying household registration management, improving the timeliness of household registration, and unblocking the supervision channels for household registration.

　　Up to now, 23,613 cross-provincial acceptance points for resident identity cards have been set up in various places, handling more than 11.49 million resident identity cards and issuing more than 50 million residence permits for the masses in different places; There were 38,000 windows for reporting the loss and claiming lost property, and more than 9.07 million pieces of information were accepted for reporting the loss. The problem of more than 13 million people without registered permanent residence left over from history was basically solved.

　　Second, the certificate issued by the police station is simplified

　　In accordance with the principles of "according to the law" and "who is in charge, who is responsible", unnecessary certificates and procedures have been thoroughly cleared, and the types and quantities of certificates issued by police stations have generally dropped sharply. Chongqing, Jilin, Hunan, Zhejiang and other places have integrated more than 48 billion pieces of basic information, further promoted information sharing among departments, and provided information verification in 93 batches for more than 60 million people.

　　At the same time, local public security organs actively promote the collection, integration and sharing of departmental data, and strive to "let the data run more and let the people run less errands". According to statistics, the types of certificates in Jilin, Chongqing, Sichuan and Xinjiang decreased by 82%, 82%, 85% and 87% respectively, and the number of certificates issued in Liaoning, Heilongjiang, Hunan, Zhejiang, Guangdong and Hainan decreased by about 40%, 67%, 26%, 36%, 23% and 20% respectively.

　　Third, the "internet plus" household administration convenience Huimin service launched innovation

　　Henan, Heilongjiang and other places launched the "internet plus" service platform, which simplified the procedures, continued to introduce measures to facilitate the people and enterprises, innovated the service methods of public security and household registration, and actively responded to the people’s new demands and expectations for police work.

　　Among them, Henan Province has launched the "internet plus" household administration convenience service platform, and since the opening of the "Henan Police-People Connect" mobile APP and the "Henan Public Security Micro-Police Service" WeChat service number, it has opened up all aspects of online real-name authentication, online payment, online mailing and other online procedures, and realized 29 household administration services such as birth registration and house purchase. Since the platform was launched, it has handled 54,800 household registration businesses submitted by the masses, which has become the main business content of the largest "internet plus Government Affairs" comprehensive service platform in the province.

　　(The picture shows the public security police introducing the "Henan Police-People Connect" mobile APP and the "Henan Public Security Micro Police" WeChat service number to the masses. )

　　Measures to facilitate the people and benefit the people in traffic service management

　　Keywords: driving test reform, vehicle inspection reform, license plate management reform

　　First, the driving test reform was launched.

　　Since the reform of self-driving test was successfully started and implemented, it is more convenient to study driving, and the quality of driving school training service has also improved.

　　Online self-registration:All the 31 provinces in China have opened the Internet to take their own exams, and 247 million people have taken exams online, which has achieved a fair distribution of exam resources. There are 1097 new examination rooms in China, and 901 counties and cities have carried out all-subject examinations for small cars.

　　Measures to facilitate the people and benefit the people are fully implemented:A series of service measures have been fully implemented, such as releasing the examination and replacement in different places, relaxing the driving conditions for disabled people and optimizing the medical examination requirements for the elderly. At present, 86,000 people have applied for the driver’s license of large vans in different places, 5.657 million people have renewed and verified their driver’s licenses in different places, and 54,000 people with visual impairment and upper limb disabilities have obtained their driver’s licenses. More than 11 million elderly drivers aged 60 to 70 no longer undergo annual physical examination.

　　Second, the reform of vehicle inspection continued to advance

　　Since the implementation of vehicle inspection reform, local public security traffic management departments have actively cooperated with quality inspection departments to effectively promote stricter and more standardized vehicle inspection, fairer and fairer market and more convenient and efficient service.

　　Effective solution to the problem of "difficult vehicle inspection";There are 1,832 new automobile inspection agencies and 3,450 inspection lines in China, with an increase of 57.7% and 61.2% respectively, effectively solving the problems of difficulty in vehicle inspection and long queues, and the situation of illegal intermediary disturbing people and illegal charges has also been significantly reduced.

　　Vehicle inspection is faster and more convenient;The six-year exemption for private cars, the exemption for new cars, the appointment for inspection, and the inspection in different places in the province were fully implemented. 328 cities including Beijing launched the appointment inspection service and the inspection on Saturdays and Sundays continued. 154 million private cars enjoyed the exemption policy, and 19.76 million car owners realized the inspection in different places in the province.

　　More standardized development of vehicle inspection industry;Information-based remote supervision platforms have been established in various places, and 816 illegal inspection institutions have been investigated and dealt with, and 89 serious illegal inspection institutions have been revoked, effectively purifying the inspection industry and significantly improving the standardization of vehicle inspection.

　　Three, the smooth implementation of motor vehicle license plate management reform.

　　In May this year, the Ministry of Public Security officially launched the reform of motor vehicle license plate, resolutely unified and standardized, resolutely eliminated the accumulated disadvantages, and significantly improved the standard level of license plate management.

　　The license plate issuance is fully fair and open;The nationwide promotion of motor vehicle number plate selection system, unified number plate distribution, unified number pool management, unified number supervision, put an end to human operation, all number plate numbers are distributed to the masses fairly and openly, and online number selection, "one out of 20 ~ 50" and other service measures are fully implemented, which are widely welcomed by the society.

　　Comprehensive popularization and application of new energy vehicle license plate;In December 2016, after the pilot projects in Shanghai, Nanjing, Wuxi, Jinan and Shenzhen were launched, in July this year, the special number plates for new energy vehicles were fully promoted and applied. Up to now, a total of 19 cities have launched special number plates for new energy vehicles, and a total of 150,000 new number plates have been issued.

　　Measures for the convenience and benefit of entry-exit service management

　　Keywords: foreigners’ permanent residence certificate, travel service measures, border inspection policies and measures.

　　First, it is more convenient for foreigners to apply for permanent residence certificates.

　　On June 16, the new version of the permanent residence identity card for foreigners was issued, and the permanent residence certificate for foreigners was machine-readable. Since the card was put into use, it has been issued smoothly and received good response, and all sectors of society have given positive comments. Up to now, 4,819 new permanent residence identity cards for foreigners have been signed and renewed.

　　Second, the service measures to facilitate the people to travel for permits continued to be introduced.

　　Provide convenience for people to apply for permits at home and 24-hour self-service, study and standardize the work of setting up acceptance windows for entry and exit documents in police stations, and set up acceptance points in 901 police stations in 15 provinces (autonomous regions and municipalities directly under the Central Government); Actively promote the policy of residence permit holders applying for entry and exit documents at their places of residence, and the implementation scope has been extended to 284 cities across the country.

　　At the same time, in order to actively promote the electronic reform of entry and exit documents, the electronic pass to and from Taiwan was fully launched on April 24 this year. All five types of entry and exit documents mainly for private purposes in China were electronically realized, and the holder’s self-service customs clearance was realized simultaneously, and the anti-counterfeiting performance of documents and the efficiency of issuing and checking were significantly improved. At present, the exit-entry administration departments of public security organs across the country have issued a total of 199 million electronic exit-entry certificates.

　　(The picture shows that the exit-entry administration department of the public security organ in Luohu District, Shenzhen, Guangdong Province has built a 24-hour self-service accreditation service area. )

　　Third, the border inspection policies and measures continue to be optimized.

　　Shanghai and other hub air ports have carried out convenient measures such as trial implementation of direct round-trip crew exemption from border inspection procedures and the opening of the "single window" platform for international trade by the national seaport border inspection authorities. Take Shanghai Hongqiao Airport as an example. Since the implementation of this policy on March 26th, Shanghai Border Inspection Station has handled the formalities of exemption from border inspection for the direct flight crew of eight airlines, providing convenience for the crew of 4102 flights with 55378 passengers.

　　At the same time, the self-service customs clearance service has also been vigorously promoted, and passengers with electronic travel permits "L" can now carry out self-service customs clearance. Since the beginning of this year, 912 self-service channels built at 62 travel inspection ports across the country have cleared 125 million inbound and outbound passengers, accounting for 42.8% of the total number of inbound and outbound personnel.

　　It is understood that the Ministry of Public Security and the China Insurance Regulatory Commission have deployed and promoted the work of quick compensation for road traffic accidents in highway and rural areas nationwide in order to solve the problems of long period and complicated procedures in handling and settling claims for road traffic accidents in rural areas, which has played an important role in improving the efficiency of accident handling, alleviating traffic congestion and avoiding secondary accidents.

　　In addition, the Ministry of Public Security has joined hands with China Post to carry out postal outlets to handle public security traffic control business, which has been successfully piloted in Wuxi, Jinhua and Chengdu. Zhejiang has deployed and promoted it throughout the province, effectively expanding the service network and extending the service tentacles, making it convenient for people to handle traffic control business nearby.

　　In terms of entry and exit management, the implementation of Beijing-Tianjin-Hebei regional linkage has also been promoted. Guangdong Province has implemented a 144-hour visa-free transit policy for foreigners, and Hainan has also implemented a visa-free entry policy for 59 countries.

　　In recent years, with the increase of residents’ family wealth, especially with the vigorous development of internet finance, various financial innovations have emerged in an endless stream, but it is inevitable that there will be a mixture of good and evil, resulting in investors losing their blood. A few days ago, the reporter visited two stakeholder-type economic crimes in Shanghai and Jiangxi respectively, uncovering the inside story of new illegal fund-raising and pyramid schemes, and suggesting a brief method to distinguish online fraud.

　　Illegal fund-raising

　　The "P2P" platform promises high interest income, and all the investment funds go into personal pockets.

　　The cycle is 12 months, the annualized rate of return is as high as 59.2%, and the principal is guaranteed. Does this kind of financial management project make you tempted? This is an investment project that the reporter saw on a so-called "P2P" platform called "Huyi Loan". At the end of April 2015, Baiqiang Company, which belongs to this "P2P" website, was put on file for investigation by Shanghai police on suspicion of illegally absorbing public deposits.

　　Since March 2014, the suspect Xing Mou has set up the website of "Huyi Loan" and packaged it into an online financial investment platform, and has successively released investment targets ranging from 1 to 12 months, such as "New Technology Company Loan" and "Bozhou Equity Pledge Revolving Loan", promising to return the principal at maturity and pay high annual interest. By the time of the incident, "Huyi Loan" had raised more than 190 million yuan.

　　"Industry is hard to earn, and finance comes quickly." Xing was originally involved in the construction industry and beauty chain, and his business scale is not small. However, when he saw someone borrowing the concept of Internet finance, he also moved his mind. Xing explained his "P2P business model: first, publicize and package his own network platform in exchange for investors’ trust, and then release the investment target in the name of project financing. Finally, in order to make the high interest pay on time, we must find ways to attract more investors to invest, so as to fill the principal and interest of the previous investors.

　　"Now the profit of opening a factory for one year is 8% to 15%, and there is no possibility of profiteering in a short period within 12 months." However, in order to get funds to "rob Peter to pay Paul", Xing used three means to "promote": the first was the temptation of high interest, promising short cycle and high return on wealth management products; The second is to create a strong image through online packaging publicity; The third is to attract people to invest offline by using emotional communication and giving small gifts to win the sympathy of the elderly.

　　Lin Zhi, a team inspector of the Shanghai Economic Investigation Corps who hosted the case, told the reporter that the police found that although a large number of investment targets were listed on the "Shanghai Easy Loan" website, they could not correspond to the real projects in reality. "On the surface, the investors’ money entered the project, but it actually entered Xing’s personal account, which was then dominated by Xing." Lin Zhi said that as an intermediary, P2P websites should only charge service fees in matchmaking transactions, but depositing funds in the hands of individuals like "Huyi Loan" is equivalent to using this platform to form a "fund pool", which is suspected of committing crimes.

　　New pyramid scheme

　　Setting up a network platform promises that electronic money will accrue interest, and it is impossible to withdraw cash without attracting new members.

　　The current online wealth management products are dazzling, and there are also new pyramid schemes hidden in them. In May, 2015, the police in Yichun, Jiangxi Province filed a case: the criminal suspect used the "Happy Compound Interest Website" and "K Coin Trading System" to engage in illegal pyramid schemes under the guise of investment and financial management. After being reported by the masses, Yichun Economic Investigation Detachment found a high-level participant in the local area, Long Mou, and dug up King (its code name in the website system) who was "trading" in Luoyang, Henan Province through Long Mou — — Criminal suspect Ma.

　　After investigation, it was found that Kaixin Compound first asked the participants to buy at least one "wealth management product" of 1,600 yuan, and then the participants got 1,600 electronic coins to activate their accounts. Since then, 20 electronic coins will be automatically allocated to the account every day as income, but if you want to realize the profit of electronic coins, you must pull new people to join, and then sell the electronic coins to new people to activate the account, so as to go back and forth.

　　"Paying the entrance fee, pulling the head to develop the level, and collecting commissions are all essential features of illegal pyramid schemes." Zhang Danqing, deputy detachment leader of Yichun Public Security Economic Investigation Detachment, said that "Happy Compound Interest Network" was officially launched in October 2014, but only one and a half months later, there began to be signs that electronic coins were difficult to realize profits. "When trading electronic coins, new members must join, and old members get electronic coins through dividends and website rewards. If no new members join, electronic coins cannot be withdrawn."

　　In January 2015, "Happy Compound Interest Network" was unsustainable due to the slow development of new members by old members, and Ma re-developed a "K-coin trading system of Hong Kong Diamond Communication Network Technology Development Co., Ltd." platform, shifting the electronic coins of the original platform to the new platform, and claiming to change the business model, but continued to make profits by collecting membership fees and developing offline. By the time of the incident, Ma had illegally earned more than 10 million yuan, and most people who joined his network lost all their money. According to reports, the case involves many provinces and cities across the country, with a large number of people who don’t know each other, but the Internet has made this new pyramid scheme develop faster and cover a wider area. The police reminded that this form of small investment and high return is more hidden, which makes people ignore the essence of illegal pyramid schemes.

　　According to the police analysis, one of the reasons why Happy Compound Interest Network has deceived so many people in a short time is that it is based on the suburbs or rural areas of fourth-and fifth-tier cities, and makes use of the factors such as the fact that suburban residents and rural villagers can’t tell the truth of online information, lack of financial knowledge and weak legal concept to convince them that "Happy Compound Interest Financing" is a legal online investment and financial management project.

　　Scam identification

　　Under the official banner, promising high-interest income, promotional rebates are tempting to be fooled.

　　Whether it’s a P2P financial scam or an Internet pyramid scheme, it has strong concealment and temptation. How to guard against the trap, keep an eye on the principal and resist the temptation of false interests?

　　In order to attract investment, these investment projects and MLM organizations often play a high-sounding banner. According to the police, many illegal fund-raisers and pyramid schemes will fabricate or forge project names under the pretext of national, regional or industrial development policies, so as to fabricate "investment products" and "opportunities for making a fortune" and enhance their confusion and persuasiveness. We should be alert to the national policies borrowed or suspected in propaganda and enhance our discrimination.

　　In addition, in some cases of illegal fund-raising, many organizations will carry out activities in the name of overseas companies to publicize the so-called investment in overseas wealth management, gold, futures and other projects, and some will hold "investment" promotion meetings in overseas high-end hotels. In order to further enhance the credibility, there are often the following actions: a collection account will be opened in China in the name of foreigners to receive investment funds from investors; The website registration place and server location of the promised high-yield company are also overseas or the company executives are foreigners. In order to avoid supervision, websites and investment projects related to illegal fund-raising often change frequently, especially their company websites. After careful inquiry, it can be found that most of them have not been formally filed. Most companies that operate specific investment projects are not qualified to engage in financial business.

　　In actual operation, financial scams are often highly tempting and targeted, and some so-called "promotional rebate" activities will be organized, for example, collecting funds from personal accounts or cash, and paying the principal on-site or immediately will give part of the commission, dividends and interest. They set up stalls or distribute advertisements of "wealth management products" in streets, supermarkets, shopping malls and other places where people flow and gather, especially for middle-aged and elderly people.

　　In order to entice people to be deceived continuously, new MLM organizations often use the guise of "reform and innovation" in their business and investment models, such as e-commerce, consumer rebate, chain sales, franchise chain, online games, click advertising rebate, charity, love and mutual assistance, consumer pension and electronic currency trading. And add a variety of awards, claiming high returns, such as static income, dynamic income, direct push award, layer push award, touch award, see point award, report award, community performance award, etc.