Gree Electric (000651) is gradually reducing its shares in listed companies recently.

In October this year, Wentai Technology (600745) announced the shareholding reduction plan of shareholder Gree Electric; In November, Haili Co., Ltd. (600619) disclosed the change of shareholder Gree Electric’s shareholding in the announcement. During the period from October to November, it has sold more than 40 million shares of Haili, and the cash amount is estimated to be more than 600 million yuan.

With the stable profit and abundant cash flow brought by household appliances, Gree Electric has made continuous foreign investment in the past few years, including not only Yinlong, which has attracted much attention, but also a number of A-share listed companies, and has quietly formed a huge investment map with a total market value of over 10 billion yuan.

But this year, Gree Electric’s "buy buy Buy" has slowed down and turned to reduce its shares in listed companies. What are the reasons behind it?

Reduce the shares of the two companies

At the beginning of November, Haili became a hot A-share stock, and its share price rose by more than 280% in just two months. As the second largest tradable shareholder of Haili, Gree Electric reduced his holdings in batches.

According to the announcement, Gree Electric reduced its holdings of Haili shares by 43,046,600 shares from October 10th to November 8th this year, accounting for 4.01% of the total share capital.

According to the third quarterly report of Haili in 2024, as of the end of the quarter, Gree Electric held 90,223,200 shares of Haili, accounting for 8.41% of the total share capital; Gree Electric’s Hong Kong Gree Electric Sales Co., Ltd. (hereinafter referred to as "Hong Kong Gree") holds 6,490,600 shares, accounting for 0.60% of the total share capital. Gree Electric and his concerted action Hongkong Gree hold a total of 96,713,800 shares, accounting for 9.01% of the total share capital.

After this round of reduction, Gree Electric and his concerted actions still hold 53,667,150 shares of Haili, accounting for 4.999993% of the total share capital, and they are no longer shareholders holding more than 5% of the shares of Haili.

From the operational point of view, the first wave of Gree Electric’s reduction period was from October 10th to November 5th, and the share price of Haili shares fluctuated upward, rising from early 10 yuan to near 14 yuan. During this period, the average price of reduction was about 10.44 yuan, so it is estimated that the amount of Gree Electric’s reduction was about 112 million yuan.

The second wave of Gree Electric’s reduction occurred on November 6th, when the word "T" of Haili shares was at the daily limit for most of the day. On this day, Gree Electric sold 25,551,600 shares, with an average price of 15.38 yuan, and the cash amount was about 393 million yuan.

The third wave of Gree Electric’s reduction was from November 7th to November 8th. On these two days, the share price of Haili shares continued to go up and down, with an average price of 16.59 yuan. The estimated cash amount of 6,763,700 shares sold by Gree Electric was about 112 million yuan. According to this calculation, Gree Electric’s accumulated cash in this round of reduction of Haili shares is more than 600 million yuan.

For this round of reduction, Gree Electric only briefly stated that this change in equity is a transaction according to his own business arrangement, and the company has no clear plan, agreement or arrangement to increase or decrease its equity in listed companies in the next 12 months.

In early October, Gree Electric also announced its plan to reduce its holdings of Wentai Technology. It is planned to reduce its holdings of Wentai Technology by means of centralized bidding, not exceeding 12,428,100 shares, not exceeding 1% of its total share capital. Prior to this reduction, Gree Electric and his concerted action Zhuhai Ronglin held 116 million shares of Wentai Technology, accounting for 9.33% of the company’s total share capital.

At present, Wentai Technology has not announced the progress of Gree Electric’s reduction. Since Gree Electric announced the plan to reduce its holdings, the share price of Wentai Technology has continued to fluctuate upward, with an increase of more than 20%.

Billion A-share investment map

With its leading position in the domestic air-conditioning industry, Gree Electric has achieved good performance growth in the past ten years, and also brought abundant cash flow. In 2017, Gree Electric’s book monetary funds approached 100 billion yuan, and it has been maintained at a scale of more than 100 billion yuan since then. It is from this moment that Gree Electric gradually increased its investment layout in the A-share market.

In September 2017, Gree Electric listed Haili shares in the secondary market for the first time, and listed for the second time in July 2018. By the end of the third quarter of 2018, Gree Electric and his concerted action Hongkong Gree held a total of 96.7138 million shares of Haili, accounting for 9.01% of its total share capital.

At the end of 2018, Gree Electric contributed 3 billion yuan to help Wentai Technology acquire Anshi Group by increasing its capital in Hefei Zhongwen Jintai and Zhuhai Ronglin, thus becoming an important shareholder of Wentai Technology. Gree Electric and his concerted action in Zhuhai Ronglin acquired 116 million shares of Wentai Technology, accounting for 9.33% of its total share capital.

In 2019, Sanan Optoelectronic (600703) launched a fixed increase plan of 7 billion yuan, and Gree Electric suddenly appeared on the subscription list, with a subscription amount of 2 billion yuan. In 2020, the increase of Sanan Optoelectronics was successfully implemented, and Gree Electric obtained 115 million shares of Sanan Optoelectronics.

In 2021, Gree Electric planned to enter the main shield environment. In 2022 and 2023, he acquired 410 million shares of shield environment at a total cost of 3 billion yuan, accounting for 38.78% of the latter’s total share capital. This is also the first time that Gree Electric has controlled a-share listed company.

Judging from the shareholding situation at the end of the third quarter of 2024, Gree Electric (including concerted action) held 96.7138 million shares of Haili, 116 million shares of Wentai Technology, 115 million shares of Sanan Optoelectronics and 410 million shares of Dunan Environment respectively. Based on the stock price at that time, the total market value of Gree Electric’s shareholding in these four listed companies was about 10.9 billion yuan. In fact, the share prices of these four listed companies rose to varying degrees during October and November.

In addition to the investment of A-share companies, the acquisition of Yinlong is also an important investment of Gree Electric. In August, 2021, Gree Electric won 30.47% equity of Yinlong at a total price of 1.828 billion yuan by participating in the public auction of judicial auction. Combined with the entrustment of Dong Mingzhu’s personal voting rights in 17.46% equity of Yinlong, he completed the holding of Yinlong and later renamed it Gree Titanium.

In December 2023, Gree Electric announced that it had acquired 24.54% of the shares held by the existing shareholders of Gree Titanium at a price of about 1.015 billion yuan. After the transfer, Gree Electric directly held 55.01% of the shares of Gree Titanium and controlled 72.47% of the voting rights.

Diversification through investment

From the time line, 2017 is the starting point for Gree Electric to build the A-share investment map. The Securities Times reporter noted that this year was also an important watershed in Gree Electric’s performance growth.

In 2017, Gree Electric’s net profit historically exceeded 20 billion yuan, reaching 22.400 billion yuan. From 2011 to 2017, Gree Electric’s net profit increased from 5.237 billion yuan to 22.400 billion yuan, an increase of 328%.

Since 2017, the growth rate of Gree Electric’s net profit has continued to slow down. By 2023, the company’s net profit has not exceeded 30 billion yuan. From 2017 to 2023, Gree Electric’s net profit increased from 22.400 billion yuan to 29.017 billion yuan, an increase of only 29.54%.

The slowdown in Gree Electric’s performance growth is largely due to the saturation of the core product air conditioning market, which Dong Mingzhu has long recognized. At the second China Manufacturing Summit held in July 2016, Dong Mingzhu publicly shouted the slogan of "diversification". She said: "Gree will continue to take the air-conditioning industry as the pillar, vigorously develop new energy, household appliances, industrial products, precision molds, mobile phones, smart equipment and other emerging industries, and transform Gree from a simple household appliance manufacturing enterprise to a precision manufacturing enterprise to achieve diversified and steady development."

Since then, foreign investment has also been regarded by Gree Electric as an important means of diversification.

Among them, Haili Co., Ltd. is one of the upstream compressor suppliers in Gree Electric. As for the reason why Haili shares were listed twice, Gree Electric responded at that time that it aimed to expand the industrial chain structure and integrate high-quality industrial resources, and build an international enterprise with a more complete industrial chain by taking advantage of talents, information and innovation in Shanghai’s international status.

Dong Mingzhu also said in an interview at that time: "Haili has a long-term cooperative relationship with us, and we are Haili’s biggest customer. We don’t have to hold it, but we can participate. For this reason, we have become shareholders of Haili, and we can communicate better technically. We hope to make Haili bigger and become a world-class compressor factory, not to fight for control. We don’t rely on stock appreciation to make money, but hope to make Haili better. "

Wentai Technology and Sanan Optoelectronics are both related to semiconductors. Gree Electric previously announced that investing in Wentai Technology will help the company to increase cooperation with Wentai Technology in communication terminals, Internet of Things, intelligent hardware and other businesses. With the help of Wentai Technology’s 5G R&D capability, the company will strategically lay out the 5G industrial chain, rely on the company’s leading advantages in the air conditioning field, seize the huge business opportunities of smart home and Internet of Things under the 5G platform, shape the core competitiveness under the new situation, and realize the "diversified" steady and coordinated development in the fields of smart home, smart equipment and communication equipment.

Regarding the strategic shareholding in Sanan Optoelectronics, Gree Electric said that it will help the company’s central air conditioning, intelligent equipment, precision molds, photovoltaic and energy storage sectors to enter the semiconductor manufacturing industry, and at the same time, through cooperative research and development with Sanan Optoelectronics in the semiconductor field, it will help to further enhance the company’s technology accumulation in related fields.

Regarding the holding environment of Dunan, Dong Mingzhu personally responded at the 2021 annual general meeting of shareholders: "Gree rarely made mergers and acquisitions in the past, but as you can see, we recently acquired Dunan (Environment). This company is our long-term partner, providing us with accessories. When they were in the most difficult time, we couldn’t watch it collapse, so we lent a helping hand. We believe that this is to save others and a breakthrough for us, because our control over the industrial chain is more complete. "

Why turn?

Compared with a few years ago, Gree Electric’s investment layout turned to be cautious in 2024, and basically stopped the action of foreign investment in shares, and began to sell its shares of listed companies in the secondary market after entering the fourth quarter. Why did Gree Electric shrink its investment territory at this time?

"Previously, Gree Electric had outstanding business performance and sufficient cash reserves. In order to better manage cash and establish a strategic layout conducive to Gree’s long-term development, it made some equity investments. However, as Gree Electric’s demand for liquidity increases, the effect of some strategic cooperation is not as good as expected, so the action of reducing its holdings is made. " Shen Meng, director of chansons Capital, said in an interview with a reporter from Securities Times E Company.

The reporter noted that the third quarterly report of 2024 recently disclosed by Gree Electric is a good observation window. In the first three quarters of this year, Gree Electric achieved operating income of 146.722 billion yuan, down 5.34% year-on-year; The net profit was 21.961 billion yuan, a year-on-year increase of 9.30%. Among them, the operating income in the third quarter was 46.939 billion yuan, a year-on-year decrease of 15.84%; The net profit was 7.825 billion yuan, a year-on-year increase of 5.47%.

Gree Electric’s abundant cash flow used to be a solid guarantee for large-scale foreign investment, but in the first three quarters of this year, Gree Electric’s net operating cash flow was 12.712 billion yuan, a decrease of 67.89% compared with 39.596 billion yuan in the same period last year. The third quarterly report explained that the decline in the data was mainly due to the decline in cash received from the sale of goods and the provision of services.

Book monetary funds are also an important observation index. At the end of June, 2023, Gree Electric’s book monetary fund reached a new record of 191.654 billion yuan, and at the end of September, 2024, Gree Electric’s book monetary fund dropped to 111.397 billion yuan.

Kuang Yuqing, the founder of lens consulting, said in an interview with the reporter of Securities Times E Company that it is also a common phenomenon for large enterprises to shrink their investment map in the current environment. "These giant enterprises, including Tencent, are shrinking their capital and controlling investment risks, which is also the common influence brought by the overall external environment."

"Another important factor is that Gree Electric introduced Gao Xuan, the largest shareholder, during the mixed reform, and Gao Xuan also took on a large leverage when he became a shareholder. This also means that shareholders may put higher pressure on the performance growth of listed companies. In the case of relatively large pressure on the short-term main business, it is not excluded that the company will support its performance by realizing some investment projects with good returns. " Kuang Yuqing said.

In addition to the reasons for the profit reduction, the Securities Times reporter also noted that the strategic cooperation between Gree Electric and the invested enterprises may also be an influencing factor.

In 2017, 1.074 billion yuan of compressor purchases in Gree Electric came from Haili; In 2018, Gree Electric listed Haili shares for the second time, and the business cooperation between the two parties reached its peak. In that year, Haili shares sold products to Gree Electric for 3.028 billion yuan, accounting for about 26% of its total revenue.

From 2019 to 2023, the sales of Haili shares to Gree Electric were 2.678 billion yuan, 1.810 billion yuan, 2.311 billion yuan, 1.581 billion yuan and 1.093 billion yuan, respectively, and the overall sales continued to decline.

Although Dong Mingzhu has publicly stated that he "hopes to make Haili bigger", Gree Electric’s purchase from Haili shares has been declining since then. In the same period, the operating performance of Haili shares also showed a downward trend. In 2022, the net profit decreased by 89.02% year-on-year, and in 2023, the net profit decreased by 13.94% year-on-year. In the market’s view, the space for strategic cooperation between the two sides has become smaller and smaller, and the strategic goal of Gree Electric’s original shareholding may be difficult to achieve, so it is reasonable to reduce its shareholding.

Editor: Li Dan

Proofreading: Yao Yuan

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● Four-wheel drive structure: basically the same.

　　　 As we all know, both Range Rover Sport Edition and Range Rover are equipped with full-time intelligent four-wheel drive system and powerful second-generation all-terrain feedback system. Users only need to choose the corresponding driving mode and control the throttle and direction, and the next difficulties and obstacles will be fully handed over to the vehicle itself to overcome. It’s like a fool’s camera. Even if you don’t know how to take pictures, you can still take wonderful pictures. However, do you know what kind of complicated four-wheel drive structure is hidden under this seemingly stupid operation knob?

"The Range Rover and Range Rover Sport Edition of this test drive all adopt this four-wheel drive structure."

　　　 First of all, let’s look at the Range Rover Sport Edition. It can be equipped with two full-time four-wheel drive systems. The central differential with strong off-road capability is a multi-plate clutch structure with low gear. By default, the system distributes the torque evenly in the ratio of 50: 50. According to the change of the combination of multiple clutches, the power distribution of the front and rear axles can be 100% respectively, and the electronic traction control system will also play an auxiliary role. Low gear ensures excellent off-road ability, and can provide 2.93:1 driving force at low gear.

"Range Rover Sport Edition can also be equipped with a four-wheel drive system with single-speed transfer case and +Torsen central differential structure."

　　　 The weak four-wheel drive system adopts the structure of Torsen central differential, and there is no low gear. The mass of this system is 18kg lighter than that of the previous system, and the ratio of front and rear torque distribution is 42: 58 by default. The setting slightly biased towards the rear drive aims to improve its driving pleasure. At the same time, in order to ensure off-road performance, according to the different road conditions and grip, Torsen differential can adjust the maximum distribution ratio of front and rear wheels to 62% and 78% respectively. Theoretically, this system is weaker than the first one in four-wheel drive performance.

　　　 The Range Rover adopts the first four-wheel drive system, and the two cars we tested this time also use this four-wheel drive system. It is worth mentioning that the above is only the middle part of the whole four-wheel drive system. In fact, in order to further optimize the traction and stability under extreme road conditions, consumers can also choose models with dynamic active rear axle limited slip differential (including Range Rover and Range Rover Sport Edition). The rear axle differential lock will form a powerful four-wheel drive system together with the first four-wheel drive system mentioned above.

A fashionable small car passed by slowly, attracting the attention of countless pedestrians. This is a new energy car built with unique design concept and exquisite technology.

The guide price of Euler Good Cat is between 129,800 and 165,800 yuan, and the loan discount is about 46,000 to 50,000 yuan. After the low discount, it only needs more than 80,000 yuan, and the cruising range is 401 and 501 kilometers.

The appearance design of Eula Good Cat is amazing, and the body lines are smooth and elegant. The two rounded headlights at the front of the car are like the cat’s eyes, flashing with smart light. The waistline on the side of the car extends from the front fender to the taillights. The design of the rear is simple and elegant, with a unique taillight shape, which makes people unforgettable.

The interior of Euler Good Cat is wrapped in a lot of leather, with bold and fashionable colors, which can easily hold the princess’s heart. The design of the center console is simple, and the large-size touch screen is equipped with the latest intelligent system, which is convenient to operate and rich in functions.

The seat is made of high-grade fabric and leather, which provides good support and comfort. In addition, the car is equipped with an advanced sound system, so that you can enjoy high-quality music while driving.

In terms of body size, Euler Good Cat is 4235mm long, 1825mm wide and 1596mm high, with a wheelbase of 2650mm, which is not bad in new energy vehicles. However, the space in the trunk is a little cramped, and it is completely enough for home transportation.

Euler Good Cat is equipped with a motor with a maximum power of 105kW, with a peak torque of 210Nm, a battery pack capacity of 47.8kWh, a NEDC cruising range of 501km and a maximum cruising range of 501km. However, in extreme weather or complex road conditions, the actual cruising range may be reduced.

As a leader in the new energy vehicle market, Euler Good Cat has won the love of consumers with its unique appearance and excellent endurance performance. Generally speaking, Euler Good Cat is still a new energy vehicle worthy of attention.

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The design of Mercedes-Benz EQE continues the elegance and luxury of family style, and the front face adopts a closed grille design, which shows its electric identity. The internal details of the grille are exquisite, and with the sharp LED headlights on both sides, the front face is very recognizable. The body lines are smooth, creating an atmosphere of dynamic and technological coexistence. The overall style is elegant without losing the sense of modernity, showing the brand-new features of Mercedes-Benz in the era of electrification.

Mercedes-Benz EQE has a body size of 4969*1906*1514mm and a wheelbase of 3120mm, showing a slender and elegant posture. The lines on the side of the car are smooth, extending from the headlights to the taillights, showing a unique sense of movement. The front and rear wheel tracks are 1634mm and 1645mm respectively, and the front and rear tyre size are both 255/45 R19. With the unique rim style, the whole vehicle looks more dynamic.

Mercedes-Benz EQE’s interior style is simple and full of science and technology, using high-quality materials and exquisite craftsmanship to create a high-end luxury atmosphere. The steering wheel is made of genuine leather, which has a delicate feel and supports electric up-and-down and front-and-back adjustment, providing drivers with extremely high comfort and convenience. The central control screen has a size of 12.8 inches, integrates the control functions of multimedia system, navigation, telephone, air conditioner and skylight, and supports voice recognition control system, so that drivers can operate easily. The seat is made of imitation leather. The main and auxiliary seats have various adjustment functions, such as front and rear adjustment, backrest adjustment, height adjustment (4 directions), leg rest adjustment and lumbar support (4 directions), and are also equipped with heating and ventilation functions to provide a full range of comfortable experience. The front seats also have electric memory function, which is convenient for drivers to quickly adjust to their favorite sitting position. In addition, the car is equipped with multiple Type-C interfaces, which meet the charging requirements of different devices, and also provide wireless charging function, which facilitates the charging of electronic devices such as mobile phones.

Mercedes-Benz EQE is equipped with an excellent electric engine with a maximum power of 300kW and a peak torque of 858 N m.. This powerful power output provides excellent acceleration performance and driving experience for the vehicle.

Car home car owners are full of praise for the interior of Mercedes-Benz EQE, and he thinks that the quality and luxury of the interior are a highlight of the car. "I am a custom-made solid wood, so I especially like the solid wood center console, which I am familiar with." He also spoke highly of the zero-level operation convenience of the central control panel, which made the vehicle more intelligent. In addition, the sports dashboard, atmosphere lights and simple metal air outlets all satisfied him. In a word, the interior design of Mercedes-Benz EQE fully demonstrates its luxury and sense of technology.

Dawn News Network-Dawn News On the morning of September 16, the activity of "Seeking Truth from the Crowd-Public Welfare Treasures" was held in the Municipal Museum. Li Guangning, former vice president of China Ancient Ceramics Research Association, and Wang Gang, former deputy stationmaster of Anhui Cultural Relics Appraisal Station, and other famous domestic cultural relics appraisal experts were invited by the host city museum to appraise the collection of folk cultural relics such as calligraphy and painting, jade, ceramics, bronzes and miscellaneous items for the public free of charge.

At the "Jianbao" site, citizens displayed their collections in order of appointment, and experts gave objective appraisal opinions on their materials, ages and techniques, and patiently answered questions for Tibetan friends. After expert appraisal, many folk collections with collection value were found, such as master calligraphy and painting, pottery in Song Dynasty, jadeite jade and so on. However, there are also some citizens whose collections are only handicrafts or fakes. Experts suggest that collectors need to strengthen their professional knowledge, accumulate experience and exercise their eyesight. The citizens who participated in the event said that the expert "Jianbao" had a good guiding role for folk collections, not only had a deeper understanding of the collections, but also learned professional knowledge.

It is understood that the "Jianbao" activity of the day was the identification of public welfare cultural relics. Experts only identified the authenticity and age of cultural relics, and were not responsible for the evaluation of cultural relics prices; The appraisal results are told orally on the spot, and no written conclusion of cultural relics appraisal is issued, which does not involve the identification of ownership of cultural relics and the use of auction, pledge, sale, gift and inheritance. The relevant person in charge of the Municipal Museum said that he hopes to publicize and carry forward China’s excellent traditional culture through experts’ free treasure collection, meet the needs of folk cultural relics identification, actively guide and standardize the collection of folk cultural relics, and raise the awareness of the whole people to participate in cultural relics protection.(Reporter Xu Lei)

There is a unique and rare animal in China called golden monkey. This kind of clever, lively and lovely monkey is a national first-class protected animal and a favorite in people’s minds.

Golden monkeys usually live in mountains or forests. They like to live in big trees and stay away from the noise of the human world. The golden monkey is curious and full of interest in anything new.

The golden monkey is a national first-class protected animal. They have sensitive hearing and vision, and can quickly respond to anything that happens around them. Golden monkey cubs are good at imitating humans. They can not only hold food with their hands, but also operate tools simply.

Golden monkeys are good at socializing and communicating. They express their inner thoughts by making different sounds, such as warning to their peers, courtship, and alarm when they are in danger. They communicate with each other by making sounds and body language, and connect with each other. Little golden silk monkeys playing and jumping are almost moving in groups. They depend on each other and always help each other to ensure the safety of the whole group in the face of danger.

Golden monkey pays great attention to hygiene and cleanliness. They often use insects to remove all kinds of parasites from themselves and comb their hair with saliva to ensure that the hair color is clean and beautiful. …

The photos of golden monkeys in Shennongjia in spring, summer, autumn and winter recorded the behaviors, joys and sorrows of golden monkeys from all aspects. Because Shennongjia area is vast and sparsely populated, and the number of golden monkeys is small, it belongs to the national first-class protected animals, so this group of pictures is very valuable.

Patrol

Shennongjia in winter is covered with snow. Because the golden monkey family has its own territory, and this male golden monkey is even more majestic when he walks through the thick snow to patrol his territory.

Emotional communication

Golden monkeys have the habit of grooming each other all year round, so as to consolidate and develop their feelings. This male golden monkey is lying on the snow, with one leg up high, and let his "wife" cut his hair. The male golden monkey’s eyes are slightly closed, so he looks relaxed and proud.

Mother and child observation

Golden monkeys belong to arboreal animals, and they live in forests above 1800 meters above sea level all the year round. The female golden monkey in the picture is sitting on a high branch with her baby monkey in her arms. The baby monkey opens her mouth and looks around, showing that she is surprised by everything around her.

Race walking

An underage monkey stands and walks behind his mother, like an athlete running.

Snuggle up

In the snow, the little golden silk monkey snuggled in its mother’s arms, conveying the deep friendship between the mother monkey and the young monkey.

Whistling monkey

Golden monkeys belong to arboreal social animals, and they have strict order and division of labor. This golden monkey, who is responsible for "security" on a branch, is very vigilant and often looks around.

Exclusive

Sichuan golden monkey has mating behavior all year round, but it only plays a reproductive role in mating season. Female golden monkey has estrus synchronization, that is, there may be multiple females in estrus at the same time on the same day of mating season. Females have no obvious estrus traits, but they have invitation behavior, that is, most of the mating behavior is made by females in a prostrate posture, while males are invited. The world of golden monkeys mainly pursues "polygamy". The pregnancy of female monkeys is about 7 months, and the reproductive rate is low. In the picture, this monkey king is mating with a female monkey.

Pose

The mother monkey is sitting on the grass with her baby monkey in her arms. The young monkey’s eyes are wide open and look straight ahead. Holding his head in his left hand, he posed as a model.

Go your own way

Golden monkey young monkeys generally have the habit of being curious and active. In the picture, one golden monkey looks at the front curiously, while the other two golden monkey young monkeys are fighting for food, and the three golden monkeys form a contrast between reality and reality.

Jump

When golden monkeys jump in the forest, they usually shake the trees hard first and then jump. I used the camera to freeze this golden monkey leap photo.

Sisters

Two young monkeys of similar age are crawling on the tree and looking in the same direction. What are they looking for?

Prepare for battle

Golden monkeys usually live in the forest as a family. Different families often have conflicts over food and sexual behavior. This monkey king and his members send a signal of fighting to each other, and the two golden monkeys are eager to try.

Debut

The golden monkey posed as a model and asked the photographer to take pictures of it.

I want to sing

In spring, young monkeys climb on trees and open their mouths as if to say "I want to sing".

Head-up

This golden monkey, who once participated in the "Monkey King Championship", suffered an eye injury. He lay down on the snow and looked straight ahead, and asked the photographer to take pictures of him.

Holding a group to keep warm

In winter in Shennongjia, it is snowy and the temperature is cold. The golden monkeys hold a group to keep warm.

Wait and see

In the snow and on the branches, what is this golden monkey watching?

I want to leap

The golden monkey will shake the branches before jumping, jump forward with the help of the elasticity of the branches, then grab the branches in front and climb the treetops quickly.

Gentleman’s demeanor

Young golden monkey often imitates human beings, and sometimes it can stand and walk, so it looks like a gentleman.

Delicious

Spring has come and everything is revived. This golden monkey who has survived the cold winter eats a lot of leaves and grass. It looks really cute with relish.

Brief introduction of the author

Chen Jinwu is from Nanzhang County, Xiangyang City, Hubei Province. Member of China Photographers Association, member of China Photography Copyright Association, member of Hubei Photographers Association, member of Entrepreneur Photography Association (Shenzhen), student of the 25th Art Class of Shenzhen Branch of Beijing Film Correspondence College, and consultant of Shennongjia Forest Photographers Association.

END

In terms of appearance design, the new Magotan adopts Volkswagen’s latest mobile sculpture design concept. The core of this concept lies in the perfect integration of vehicle dynamics and strength through smooth lines and changes in curved surfaces. In the front part of the new car, the lines are simple and full of tension, and in the rear part and trunk, some slip-back elements are added, which echoes the front of the car and also enhances the sense of movement of the whole car. As far as the design is concerned, I personally think that the brand-new Magotan is a grade higher than the competing products, and it looks obviously much more advanced. Magotan has always been based on the original European models, so Magotan is a product of "original" German descent.

The brand-new Magotan in the interior is also very sincere. It is excellent in workmanship and materials, and the interior design is also very innovative. There are 17 storage spaces in the car, and it also adopts the flexible and practical design of flipping cup holders and double-layer storage.

The new Magotan offers two choices of 1.5T and 2.0T high-power engines, both of which adopt advanced technology and design to ensure excellent power performance and fuel economy. Both urban driving and expressway can provide stable and abundant power output. The new Magotan is also equipped with advanced technology configurations such as intelligent driving assistance system and intelligent interconnection system to make driving safer and easier.

When Trump was unanimously supported at the Republican National Convention, Biden’s road to re-election was "dangerous".

According to CCTV news reports, on July 17th, local time, the White House said that US President Biden Covid-19 tested positive and would isolate himself.

At the same time, the top leaders of the Democratic Party have been exposed to join the "forced palace" team, including the leaders of the Democratic Party in the Senate and House of Representatives and the former chairman of the House Intelligence Committee, who have privately or publicly suggested that Biden withdraw from the election.

Some public opinion believes that Biden, who is under pressure physically and mentally, may be facing a major moment in his political career: to continue running or to give up. What choice should he make?

Higher health risks?

On 17th, White House Press Secretary AnnaKarina Jean-Pierre said in a statement that President Biden tested positive for Covid-19 after his first election campaign in Las Vegas.

According to the White House, before the test, Biden felt unwell and developed upper respiratory symptoms, including a runny nose and cough. Biden has taken the first dose of anti-Covid-19 drug Paxlovid.

According to the statement, Biden has been vaccinated and given a booster shot. At present, his symptoms are mild, and his respiratory rate, body temperature and oxygen saturation are normal.

The White House said that Biden would interrupt the follow-up campaign and return to his residence in Delaware to isolate himself, and in the meantime, he would continue to fully perform all the duties of the president.

"I feel good." Biden said when boarding Air Force One to prepare Leaving Las Vegas for Delaware. However, according to the reporter on the scene, he walked slowly when he stepped onto the gangway, grasping the guardrail tightly and stopping every few steps.

Biden was infected with Covid-19 in July, 2022, and recovered after a short period of recovery. It took more than half a month to recover.

According to public opinion, for 81-year-old Biden, reinfection with COVID-19 will put his health at higher risk. It is not clear how long his campaign will be interrupted.

A new wave of "persuading the tide to ebb"

Re-infection with COVID-19 has added to Biden’s eventful summer, and the greater pressure may come from a new wave of "persuasion and ebb tide" within the Democratic Party, and this time from the top.

According to sources, Schumer, the majority leader of the Senate, has privately persuaded Biden to withdraw.

Last Saturday, on the same day that former US President Trump was assassinated, Schumer went to Delaware to meet Biden.

According to people familiar with the matter, Schumer had an outspoken conversation with Biden. He thought Biden had better withdraw from the 2024 presidential election, which would be better for the country and the Democratic Party.

Another person familiar with the matter said that jeffries, the minority leader of the House of Representatives, also directly expressed similar views to Biden and suggested that he withdraw from the election.

According to another source, former Speaker of the House of Representatives Pelosi recently told Biden in a private conversation that polls showed that he could not defeat Trump, and if he continued to seek re-election, it might ruin the Democratic Party’s chance to win the House of Representatives in the November election. Biden refuted it on the spot.

Compared with Schumer, jeffries and others, the voice of California Congressman Adam Schiff is more noticeable.

On the 17th, in a statement to the Los Angeles Times, Schiff publicly called on Biden to deliver the baseball.

In the statement, he praised Biden, but admitted that he was "seriously worried" about whether Biden could defeat Trump. Biden should step aside to "ensure his political legacy," he said.

Schiff is by far the most heavyweight Democrat who has publicly urged Biden to abandon the election. He served as the chairman of the House Intelligence Committee and served as the chief prosecutor during the impeachment of Trump. He was a strong ally of the Biden administration in Congress. This year, Schiff is expected to win the Senate seat in the general election.

Some commentators said that at present, there are relatively few Democratic Party members (about 20) who publicly dissuade Biden, and more people just talk privately or put pressure behind the scenes, unwilling to publicly express their concerns about whether Biden’s age and physical and mental condition are enough for successful re-election. Schiff’s public voice may indicate a change in the situation. As a senior Democrat who has served in Congress for nearly 30 years and has close ties with top Democrats such as Pelosi, Schiff’s remarks may encourage others to stop hiding, but openly reveal their doubts and worries about Biden’s re-election campaign.

After the "voices" of several Democratic leaders were exposed, the outside world believed that the negative impact of the disastrous debate was still fermenting, Biden’s re-election prospects were once again in turmoil, and he himself would be under greater pressure.

Some polls have also brought Biden a heavy feeling. According to the latest poll released by the Associated Press -NORC Public Affairs Research Center on the 17th, nearly two-thirds of Democratic voters said Biden should withdraw from the election and nominate another candidate.

Facing a big moment?

According to American public opinion, Biden is facing an important moment in his political career: should he listen to the voice of his Democratic colleagues and give up the election?

However, the message from Biden is still complicated.

So far, although Biden has repeatedly insisted that he will never withdraw from the election, there are some signs that he seems to be leaving room for manoeuvre and considering the relevant possibilities.

In a media interview broadcast on the 17th, Biden said that if he was diagnosed with health problems, he would reconsider his candidacy.

According to a senior Democratic Party adviser who asked not to be named, Biden’s private dialogue with congressional Democrats is still going on, and he is willing to listen to opinions and show a more open attitude, instead of "stubborn resistance" as he did in public.

According to the consultant, Biden’s real position is still unclear, but he seems to be listening and his attitude is changing subtly. For example, he initially said that "Kamara (referring to Vice President Harris) can’t win", but later it became "Do you think Kamara can win?" It shows that he began to pay attention to how Harris can win.

However, Biden’s campaign team denied that the president was rethinking his candidacy.

White House spokesman Andrew Bates said in a statement on the 17th that President Biden told Democratic leaders in both houses of Congress that he would be the Democratic nominee and planned to win the general election.

At present, Biden is still supported by some influential figures in the Democratic Party, including the black caucus in Congress and progressive leaders, such as Vermont Senator Sanders and New York Congressman Cortes.

It is worth noting that after Trump was "attempted assassination", the Biden poll did not significantly lag behind Trump. The latest poll results of Reuters/Ipsos, polling agency "Five Thirty Eight" and Morning Consulting Company show that the assassination incident did not "empower" Trump, but he was only slightly ahead of Biden, and the gap between the two sides was only one or two percentage points.

At the same time, Biden’s allies are planning a pre-emptive nomination vote-an online roll-call vote is planned before the Democratic National Convention in August to nominate Biden as the Democratic presidential candidate. If successful, it is expected to frustrate any efforts to boycott Biden’s campaign.

The Rules Committee of the Democratic National Congress said that it will meet on July 19th to discuss the plan, and it will be finalized next week.

However, the plan was opposed by some party members, such as Schumer and jeffries, who pushed for delaying the implementation of the plan, believing that it would stifle the debate and prematurely block the possibility of any change in the Democratic candidates.

There are also views that for the Democratic Party, what is more crucial at present is how to try to bridge internal differences, rather than let the Republican Party use the "infighting" of the Democratic Party to show its image of unity and shape its victory.

(Edit email: ylq@jfdaily.com)

As the old saying goes, "Food is the most important thing for the people", China’s food culture has a long history, and cooking skills such as steaming, frying, frying, stewing, frying and roasting have been developed, and edible oil can be said to be a necessity for cooking. Rational use of oil not only helps to prevent hyperlipidemia, but also helps to reduce the risk of obesity, cardiovascular and cerebrovascular diseases and some tumors, which is of great significance to health. So, how can we make good use of cooking oil?

There are many kinds of vegetable oils with good nutrition.

At present, vegetable oil is the protagonist of the edible oil market. Vegetable oil is an oil extracted from plant seeds, fruits or nuts, such as soybean oil, corn oil, peanut oil, rapeseed oil and olive oil.

The nutritional value of vegetable oil should be comprehensively evaluated from the aspects of digestibility, essential fatty acid content, fat-soluble vitamin content and stability. Among them, the digestibility, the content and stability of essential fatty acids are closely related to the types of fatty acids contained in vegetable oil, so the nutritional value of vegetable oil is mainly reflected by the fatty acids contained in it.

Fatty acids can be divided into three categories according to the saturation and unsaturation of hydrocarbon chains, namely saturated fatty acids, monounsaturated fatty acids and polyunsaturated fatty acids. Fats rich in monounsaturated fatty acids and polyunsaturated fatty acids are liquid at room temperature, and most of them are vegetable oils, such as peanut oil, corn oil, soybean oil and rapeseed oil, except coconut oil, cocoa oil and palm oil.

Fat with saturated fatty acids as the main component is solid at room temperature, mostly animal fat, such as butter, sheep oil, lard and so on. But there are exceptions. Although deep-sea fish oil is animal fat, it is rich in polyunsaturated fatty acids, such as eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA), so it is liquid at room temperature.

Studies have shown that monounsaturated fatty acids can regulate blood lipids and prevent atherosclerosis, thus reducing the risk of cardiovascular diseases. Linoleic acid, α -linolenic acid, etc. are polyunsaturated fatty acids that the human body cannot synthesize by itself and can only be ingested from food (mainly from vegetable oil). Nutritionists call them essential fatty acids. Without them, the human body will develop slowly and even cause damage to the liver, kidneys and nerves.

How to eat edible oil reasonably

Excessive intake of edible oil will lead to chronic diseases such as hypertension, hyperlipidemia, diabetes and coronary heart disease. Therefore, the reasonable intake of edible oil should start from both quality and quantity.

First, it is recommended that you use vegetable oil as the main cooking oil. Different vegetable oils contain different fatty acids or other nutrients, so the types of vegetable oils must be diversified. When choosing vegetable oil, it is suggested to give priority to vegetable oil with high unsaturated fatty acid content and low saturated fatty acid content, such as olive oil and peanut oil. In addition, different kinds of vegetable oils can be used in rotation to avoid the nutritional imbalance caused by long-term single consumption of a certain vegetable oil.

Second, the amount of edible oil should be appropriate. The consumption of edible oil recommended by the Dietary Balance Pagoda of China Nutrition Society is 25g per person per day, but the specific intake should be determined according to the individual’s age, gender, physical condition and activity level. For example, patients with hypertension, hyperlipidemia and overweight and obesity can consume less edible oil. At the same time, from the perspective of health, it is suggested that the intake of animal oil should be reduced as much as possible on the premise of appropriate intake of oil.

Collect the following pictures to understand the composition of different edible oils.

Author: Guo Yuting of Shanxi Medical University

Cheng Jingmin, member of the national health science expert database and professor of Shanxi Medical University.

Planning: Zheng Yingkun Wang Ning

Editor: Mu Xinyu continues to slide to see the next touch to read the original text.

Read the original text

I’ll arrange it for you by the way today. Let’s take a look at it next.

Let’s take a look at the appearance of Jietu X95. The front face design of Jietu X95 takes a simple and fashionable route, and adopts a three-piece grille, which is very sporty. Headlights are simple and fashionable, with high recognition. The car is equipped with LED daytime running lights, automatic opening and closing, delayed closing and so on. Come to the side of the car, the car body size is 4858MM*1925MM*1780MM, the car uses angular lines, the car body feels very fashionable and simple, with large-sized thick-walled tires, the overall visual effect is very elegant. In the rear part, the rear looks very simple, and the taillights give people a very simple feeling. Coupled with the bilateral single exhaust pipes, the overall layout is impressive.

Coming into the car, the interior of Jietu X95 is simple and strong, and the whole is very concise. The car looks very good outside the steering wheel, made of leather, and its practicality and face value are not bad. From the central control point of view, the car decoration with a stylish and simple touch-sensitive LCD central control screen makes the interior style impressive and looks very fashionable. Let Xiaobian introduce the dashboard and seats, giving people a very simple and fashionable feeling. The car uses imitation leather seats, equipped with electric seat adjustment, seat proportion down and other functions, which is basically enough for daily use.

The Jetway X95 is matched with a wet dual clutch (DCT) gearbox, with a maximum power of 145KW and a maximum torque of 290N.m, with good power performance.

The car is equipped with driving mode selection, remote control key, rear wiper, traction control (ASR/TCS, etc.), support for CarLife and other configurations, and the configuration performance is passable and basically satisfactory.

After reading this car, I believe you have a general understanding. Such a car with the right price can meet the daily practical needs, and it doesn’t take much thought to maintain it at ordinary times, and the price is good.