Every reporter Bi Yuanyuan Wen Menghua every editor Zheng Zhi　　　　

Image source: vision china

The pay of stars has always been the focus of people’s attention.

In the past, star pay was not transparent, and people could only guess by the "pay list" circulating on the Internet. Now, with the announcement of Joy Media, Xú Zhēng’s income in the film has been "hammered".

Huanxi Media announced that its subsidiary Huanxi Premiere had reached a film production agreement with Beijing Zhenledao, which is controlled by Xú Zhēng and his wife. The film production cost totaled 217 million yuan. Among them, the director’s fee, producer’s fee, screenwriter’s fee and actor’s fee earned by Xú Zhēng alone amounted to 87 million yuan, accounting for 40% of the total film cost.

It is understood that Lost in Russia is the third work of the "Embarrassing Series" directed by Xú Zhēng, and the Spring Festival in 2020 has been booked in advance. After Dying to Survive’s great success, Joy Media and Xú Zhēng obviously expected a lot from this film.

In addition to the four positions of director, producer, screenwriter and actor, Xú Zhēng’s personal company will also charge film production fees. In addition, another major identity of Xú Zhēng is the shareholder and signing director of Joy Media, and he will also get a share of the profits after the film is released.

Off-screen, Xú Zhēng’s "Business Classics" is also well read. No matter what the final box office of this film is, Xu Zheng, who earned a lot of money, will be the biggest winner.

According to an announcement made by Joy Media on the evening of February 26th, Joy Media’s wholly-owned subsidiary Joy Premiere signed a film production agreement with Beijing Zhenle Road, and Xú Zhēng is qualified to be a director, producer, screenwriter and starring.

Huanxi Media will pay Xú Zhēng’s company Zhenledao 30 million yuan for production, Xú Zhēng 27 million yuan for directing, 10 million yuan for producer, 10 million yuan for screenwriter and 40 million yuan for actor, totaling 117 million yuan. In addition, Joy Media will give another 100 million yuan to Xú Zhēng for third-party payment. The above fees are all tax-included.

To put it simply, of the total cost of this film of 217 million yuan, Xú Zhēng’s remuneration accounts for 18.4%, while Xú Zhēng’s personal income accounts for about 40%.

National business daily (micro-signal: nbdnews) reporter noted that in August 2018, the video website and a number of film and television production companies proposed that the total pay of actors and guests should not exceed 40% of the total production cost, and the pay of main actors should not exceed 70% of the total pay.

Taking this as a reference, every reporter has roughly calculated an account, which is calculated according to the total production cost of Lost in Russia, totaling 217 million yuan, that is, the total remuneration of actors cannot exceed 86.8 million yuan; The main actor’s salary can’t exceed 60.76 million. Xú Zhēng’s actor fee in the film is 40 million yuan, not more than 60.76 million yuan.

The above announcement pointed out that as the largest investor in Lost in Russia, Joy Premiere has the right to enjoy all the benefits of film copyright in the world, including the box office, the benefits from distribution and sale, and the exclusive rights of third-party new media, etc., and Joy Premiere can transfer the exclusive rights of new media to other third parties at its sole discretion.

It is worth mentioning that Qixinbao data shows that Xú Zhēng is the actual controller of Beijing True Music Road, and he and his wife Tao Hong own 51% and 25% of the rights and interests of True Music Road respectively. At the same time, Xú Zhēng is also a non-executive director of Joy Media and the only ultimate beneficial owner of Tairong Holdings, the company’s major shareholder (holding about 15.03% of the company’s issued share capital).

The media company with its own share in the stock market gave the film production contract to the cultural company with its own holding, which can be described as "the rich water does not flow outside the field". Therefore, Xú Zhēng personally locked in a considerable profit in advance before the film was released.

Generally speaking, Xú Zhēng will not only receive 87 million yuan before tax, but also receive 30 million yuan for the production of Beijing Zhenle Road, which is controlled by him and his wife. At the same time, Xú Zhēng, as a shareholder and signing director of Joy Media, will also get a share of the profits after the film is released.

Letting shareholders become directors is the core competitiveness of Joy Media, which is also called "director partner system" internally. It is reported that Huanxi Media, which was established less than four years ago, has owned shareholder directors such as Ning Hao, Wong Kar-wai, Xú Zhēng, Chen Kexin, Gu Changwei and Zhang Yibai, and has established close cooperation with well-known directors including Jia Zhangke, Wen Juan, Li Yang and Daming Chen.

This year’s Spring Festival film "Crazy Alien" directed by Ning Hao was produced by Joy Media, with a production cost of over 400 million yuan, and it was also guaranteed by Le Kaihua Film in Wang Baoqiang. On the evening of February 25th, Joy Media announced that the company had fully collected 700 million yuan of guaranteed income brought by Crazy Alien.

As an actor, Xú Zhēng was addicted to drama in 2018.

Stars attend the film "Crazy Alien" conference. Image source: vision china

According to public information, the films released in 2018, Players Behind the Scenes and Living Together in Time and Space, were both starred by Xú Zhēng and acted as a producer, and he also acted as an actor in The Island and Jianghu Children.

According to the data of the Cat’s Eye Professional Shadow List, as of 2019, in the total box office score of the male leading actor in China film history, Xú Zhēng ranked seventh with 13 films with a total box office score of 8.264 billion yuan. According to the data, up to now, Xú Zhēng has participated in more than 100 film and television works.

Over the years, Xú Zhēng has experienced various roles from a drama actor to a TV play, film actor, director, producer and boss. As a businessman, Xú Zhēng’s business map is getting bigger and bigger.

National business daily (micro-signal: nbdnews) reporter inquired about Qixinbao and found that Xú Zhēng is not only the legal representative of Shanghai Zhenledao Film and Television Culture Studio and Shanghai Xú Zhēng Film and Television Culture Studio, with a shareholding ratio of 100% respectively; At the same time, he is also a shareholder of Beijing Zhenledao Culture Communication Co., Ltd., Beijing Zhenledao Investment Management Co., Ltd., Jiaxing Zhenledao Investment Management Partnership, and a listed company, Joy Media.

In 2018, the movie "Behind the scenes player" produced by Zhenledao Culture finally earned 358 million yuan at the box office; In the same period, "Later Us" was a film invested by Joy Media, and the final box office of the film was 1.361 billion yuan. True music culture and happy media also appeared in the Dying to Survive producers who subsequently won the box office of 3.1 billion yuan; In the Spring Festival of 2019, the "Crazy Alien" produced by Joy Media has accumulated a box office of 2.179 billion yuan.

In addition, the low-cost film "Living Together in Time and Space" created by True Music Culture as the first producer earned 898 million yuan at the box office.

Cctv newsAt 8 o’clock every day, CCTV will sort out the big and small things that happened around us within 24 hours.

:: Ministry of Natural Resources: research on cross-strait integration and development of major transportation facilities into national planning.

Ministry of Education: Require the prevention of sexual assault into primary and secondary school textbooks.

General Administration of Market Supervision: 93,185 vehicles were recalled, involving six brands including Mercedes-Benz and Volvo.

North Exchange: Pre-school education and discipline training enterprises are not allowed to go public.

Many colleges and universities will advance their winter holidays, and some schools will open holidays in late December.

Autumn grain is expected to increase production! The total national grain output is expected to reach more than 1.3 trillion Jin.

Gan Lin became the director of the State Anti-Monopoly Bureau, in charge of the Law Enforcement Inspection Bureau, the Competition Policy Coordination Department, the Anti-monopoly Law Enforcement Division I, the Anti-monopoly Law Enforcement Division II, and the Price Supervision and Inspection and Anti-Unfair Competition Bureau (Office for Regulating Direct Selling and Combating MLM). Preside over the work of the State Anti-Monopoly Bureau.

British police declared the Liverpool bombing a terrorist attack and arrested four suspects.

A Japanese land self-defense team member was arrested on suspicion of secretly photographing female high school students.

The International Space Station was threatened by space junk, and Russian astronauts took refuge in the Soyuz spacecraft.

Italian white truffles weighing 850 grams were auctioned for 103,000 euros (about 750,000 yuan).

A kitten in Turkey is born with four ears, and its image is cute and popular on the Internet.

A minibus collided with a heavy dump truck in Maanshan, Anhui Province, killing 8 people and injuring 8 others.

A school in Qidong, Jiangsu Province fell from a building. At present, the vital signs of three students are basically stable. The relevant local authorities said that the cause of the fall will be announced to the public in time.

Tourism bloggers desecrated the tomb of the martyrs: sentenced to seven months in prison and publicly apologized.

A man in Wuqing, Tianjin, claimed 3000 yuan for bringing his own flies to drink porridge and touch porcelain. After investigation by surveillance video in the store, he was criminally detained by the police according to law.

In advance, he broke his partner’s finger with a hammer. A self-mutilation "touching porcelain" gang in Guangxi was arrested and six suspects were criminally detained according to law.

An aunt in Liaoning tied a rope with a sheet and fell from the 4th floor of the closed building and was injured. At present, the situation is stable and there is no serious problem.

The man was arrested by Linzhou police in Xuzhou, Jiangsu Province, after being suspected of robbing 11 babies and reselling them.

A boy in Lianyungang, Jiangsu Province holds a flower to express his confession to a girl. It was only at the moment of kneeling on one knee that he found the wrong person. Netizen: How nervous.

I haven’t finished my hybrid rice either. I’m retiring.

— — Yuan Longping’s wife, Deng, tearfully recalled what Yuan Longping said before she died.

This is the Yellow River photographed by Jilin-1 satellite. From the aerial perspective, overlooking our mother river, every frame is a splendid mountain and river.

The People’s Bank of China is scheduled to issue a set of gold and silver commemorative coins for the year of Renyin (Tiger) in China in 2022 on November 18th, 2021.

"What shihou are you free to come back zou me? I xiang you. " Gong Huiying, a traffic policeman in Changzhou, Jiangsu Province, who fought against the epidemic, had not returned home for a week when he received a letter from his 7-year-old son some time ago. Recently, Gong Hui won a vacation and went home to reunite with his son. At the moment when the father and son embraced each other tightly, their happiness overflowed the screen.

See you at 8 o’clock tomorrow!

Editor in Charge: Sun Jie

Editor: Luo Meng Chen Shiwen　　

　　Zhongguancun, as a concrete and important carrier of high-tech enterprises in China, has gathered a large number of leading enterprises in the field of artificial intelligence, and has shown good technology-driven ability in promoting the deep integration of artificial intelligence with various fields of economy and society and accelerating the digital transformation of traditional industries. In order to give full play to the leading and radiating role of advanced technology enterprises and cultivate a good artificial intelligence industry ecology, the Zhongguancun Digital Intelligence Industry Alliance was formally established under the guidance and support of the Zhongguancun Science Park Management Committee.

　　On April 9, 2020, Zhongguancun Digital Intelligence Artificial Intelligence Industry Alliance (hereinafter referred to as "Alliance") held its first general meeting in Shougang Park, Beijing. Bai Weichang, Deputy Director of Industrial Development Promotion Department of Zhongguancun Science Park Management Committee, Cui Baoqiu, Vice President of Xiaomi Group and Chairman of the Group’s Technical Committee, Sun Mingjun, Director of Artificial Intelligence Department of Yunda Institute of China Information and Communication Research Institute, and representatives of more than 30 first-time members attended the conference.

　　At the meeting, Bai Weichang, deputy director of the Industrial Development Promotion Department of the Zhongguancun Science Park Management Committee, said that the Zhongguancun Management Committee attached great importance to the establishment of the alliance and supported and encouraged the alliance to carry out industry-related research, exchanges and support. At the same time, he put forward three hopes for the future work of the alliance: first, he hoped that the alliance would build a sharing platform for the government and enterprises, effectively connect the development needs of the government and enterprises, and form an industrial innovation ecology with rich resources, active innovation and efficient coordination; Second, actively carry out various exchange activities in the industry to promote the deep integration of artificial intelligence with the real economy and traditional industries; The third is to continuously explore international cooperation, provide services for overseas business development of innovative enterprises in the field of artificial intelligence, and support enterprises to accelerate their growth into leading enterprises with international influence.

　　Bai Weichang, Deputy Director of Industrial Development Promotion Department of Zhongguancun Science Park Management Committee　

　　At the meeting, the Report on the Preparatory Work of Zhongguancun Digital Intelligence Industry Alliance, the Articles of Association of Zhongguancun Digital Intelligence Industry Alliance (Draft) and the Election Method of the First General Meeting of Zhongguancun Digital Intelligence Industry Alliance were adopted by a show of hands. By secret ballot, the "Administrative Measures for the Collection of Membership Fees of Zhongguancun Digital Intelligence Artificial Intelligence Industry Alliance" and the "Candidates for the First Council and Supervisory Board of Zhongguancun Digital Intelligence Artificial Intelligence Industry Alliance" were adopted.

　　Member of the Board of Directors of Zhongguancun Digital Intelligence Artificial Intelligence Industry Alliance:

　　Chairman:

　　Cui Baoqiu, Vice President of Xiaomi Group and Chairman of Technical Committee of Xiaomi Group

　　Executive vice president:

　　Sun Mingjun, Director of Artificial Intelligence Department of Yunda Institute, China Information and Communication Research Institute

　　Vice chairman:

　　Yuan Jinhui, CEO of Beijing First Class Technology Co., Ltd.

　　Fu Xiaoming, Deputy General Manager of Beijing Shougang Construction Investment Co., Ltd.　

　　Wang Yanfeng, Vice President of Beijing sogou Information Service Co., Ltd.

　　Chi Qiang, Chairman of Beijing Hayek Technology Co., Ltd.

　　Supervisor:

　　Wilson, Deputy General Manager of CTV Kehua Co., Ltd.

　　Secretary General (full-time):

　　Jia Hao

　　Cui Baoqiu, Vice President of Xiaomi Group and Chairman of Technical Committee of Xiaomi Group

　　On behalf of the Council, Cui Baoqiu, the new chairman of the Alliance, introduced the overall situation of the Alliance and future work ideas to the enterprise representatives, and put forward relevant requirements for future work. First, the alliance will fully support the government’s decision-making and put forward high-quality targeted and operational policy suggestions around the implementation of the national, Beijing and Zhongguancun strategic plans; Second, work together to expand industrial space, give full play to the bridge role of the alliance, and enhance the international discourse power of China’s artificial intelligence industry; Third, efforts should be made to form brand effect, strengthen the self-construction of the alliance, pay attention to the use of innovative thinking and spirit in system construction and activity planning, and form characteristics and create brands nationwide; Fourth, strengthen exploration in the innovation and application of artificial intelligence technology, support the development of artificial intelligence industry in Beijing and Zhongguancun, and accelerate the application of artificial intelligence technology in various real economic fields; The fifth is to play a good role as an industry link, focus on artificial intelligence products in key areas, and build a platform for the cooperation and development of artificial intelligence in Beijing and Zhongguancun.

　　Since the formal establishment of the alliance, it has actively carried out various tasks in a normal and orderly manner. In the next step, the alliance will build a public service platform for the development of artificial intelligence industry in accordance with the relevant requirements and deployment of the country, Beijing and Zhongguancun, relying on a sound operating mechanism, focusing on key areas, rapidly promoting the application of artificial intelligence technology in manufacturing, health care, life service, urban governance and other scenarios, and enhancing the ability and level of industrial development. In view of the lack of talents in the industry, relevant personnel training will be promoted. At the same time, it will integrate Zhongguancun enterprise resources, promote the accumulation and transformation of artificial intelligence scientific and technological achievements and resources, build a platform for display, publicity and exchange, create an excellent industrial ecology, and accelerate the healthy and rapid development of China’s artificial intelligence industry.

　　At the same time, the alliance invites leading enterprises, universities and research institutions of artificial intelligence nationwide to actively join in and join hands with the alliance to contribute to the development of China’s artificial intelligence industry.

　　　　　　 CCTV News:"The U.S. military regards quantum computing as a key weapon in the space war", which is the title of a report of the U.S. Space Network on July 15th. A few weeks ago, senior Pentagon officials began to discuss with scientists the future of quantum computing in the US military. What is quantum computing? Why is the United States waiting for it?

　　　　　　 On June 27th, 2018, the Committee on Science, Space and Technology of the U.S. House of Representatives passed the National quantum scheme Act, announcing that it will invest 1.3 billion U.S. dollars in 2019 -2023 to conduct state-level quantum technology research.

source map

　　　　　　 On November 10th, 2017, IMB announced that it had successfully developed a quantum computer with 20 qubits. In addition, IBM has successfully developed the world’s first 50-bit qubit prototype.

　　　　　　 If the superpowers mastered nuclear technology in the 20th century, they would gain global hegemony. Then in the 21st century, a big country that has mastered quantum technology is called "quantum hegemony" by Preskill, a theoretical physicist at California Institute of Technology.

　　　　　　 In 1936, alan turing, the "father of computer science", submitted a paper entitled "On the Application of Digital Computing in Solving Difficult Problems" to the authoritative mathematical magazine in London. In the paper, an idealized computing model which can assist mathematical research was proposed, and it was later called Turing Machine. By using the permutation and combination of pure digital symbols 0 and 1, the connection with the physical world was established, and later this concept was applied to computers and became the core of modern computers.

turing

　　　　　　 Over the past 80 years, although computers have become smaller and faster, and the memory has become larger and larger, the basic core has remained unchanged. Until 2010, D-Wave, a company located in Vancouver, Canada, launched the world’s first commercial quantum computer, D-Wave One, which won the title of "revolution".

　　　　　　 Traditional computers use the smallest unit "bit" of binary data to process information. Each bit represents a binary digit, which can represent 0 or 1. These 0′ s and 1′ s, like switches, finally constitute calculation data for a simple operation. For example, to solve a maze, the traditional computer will try every possible route one at a time and finally find the right one. The method of quantum computing is completely different. Quantum computers use quantum bits and make use of the two principles of quantum superposition and quantum entanglement in quantum physics. Compared with electronic bits, quantum bits are fuzzy. That is, a thought experiment "Schrodinger’s cat" often mentioned in physics.

　　　　　　 To better understand how quantum computers work, let’s give an example from life. Imagine a library. We choose a book in the library, put a cross on one page of the book, and then close the book. Then we asked the traditional computer to find this fork in the book. Traditional computers will look at page by page, and they will soon find the page with the cross. But if the computer doesn’t know which book the fork is in, it must look at every page of every book, which will take a long time. If it is to find the fork on that page in all the millions of books in the world, it will take centuries for traditional computers and it is almost impossible to achieve it. But if there is a quantum computer, it is completely different. Because it can search all pages in all books at the same time, it can find this fork in a few seconds.

　　　　　　 The running technology on the traditional computer can skillfully find the rules buried in the massive information, but the quantum computer can give the answer when there is not enough information or too many solutions to find the rules.

　　　　　　 The huge difference between quantum computer and traditional computer in operation enables it to perform operations that traditional computers can’t do, and it can even solve some complex problems that the most advanced supercomputers can’t solve.

　　　　　　 Andrew Foresman and Langdon Downs founded the 1Qbit startup company six years ago, and convened the global "super brain" to build quantum software. This idea is being realized step by step. Foresman said that quantum computers may simulate the human world in the future.

　　　　　　 In the American sci-fi drama westworld, by copying and simulating people’s thinking, bionic people are created to continue their lives. More subtly, this kind of simulation and replication is not fixed, but slight defects may occur randomly. The origin and evolution of species are also due to unpredictable "defects" in the genetic process. This is also the key difference between machines and humans.

　　　　　　 With quantum technology, everything is possible.

　　　　　　 However, the conditions of quantum effect are very strict, and it is necessary to cool the quantum chip to near absolute zero with liquid helium, which is about equal to MINUS 273.15 degrees Celsius to run stably.

　　　　　　 In the future, the convenience brought by quantum computing technology will not only be reflected in life, but also contribute to the military.

　　　　　　 Canada’s Super Invisible Biotechnology Company claims to have developed a "quantum invisibility cloak", just like the invisibility cloak worn by Harry Potter, which can make the wearer "disappear" in people’s sight instantly. This kind of camouflage materials can bend the light, which can not only "cheat" the naked eye, but also be invisible under the detection of military night vision goggles, infrared rays and thermal imaging technology. Camouflage materials, a Canadian super stealth biotechnology company, was quickly recognized by the US military and gave the company a lot of financial support for subsequent research and development.

　　　　　　 At present, many countries have begun to study quantum computing technology.

　　　　　　 On August 16th, 2016, China successfully launched the "Mozi" quantum science experimental satellite. The US Space Network reported that the satellite adopted quantum secure communication technology and became an "invulnerable" satellite.

　　　　　　 Britain is planning a $400 million sensing and timing project based on quantum technology; A similar project in the EU is expected to invest $1 billion in 10 years; Canada, Australia and Israel also have considerable plans.

　　　　　　 In the early 1990s, Elizabeth Berman, a physics professor at Wichita State University, began to study the combination of quantum physics and artificial intelligence. But at that time, most people questioned this. Nowadays, artificial neural network and machine learning have become the most subversive technologies. They not only appear in tasks that humans are not good at, such as data mining, but also begin to appear in tasks that humans are good at, such as facial recognition. This means the personification of artificial intelligence. If quantum computing is used, it will completely solve all kinds of problems faced by artificial intelligence, and the future quantum war will really challenge the human brain.

　　On March 13, the three major stock indexes of A shares closed down, closing at a daily limit of 62 shares (including 5)）； 30 strands failed to seal the board, and the overall sealing rate was 67%.

Battlefield of daily limit: over 700,000 hands pay the bill to raise money.

　　According to the statistics of Times and DataBao, from the closing daily limit, the number of closed orders was the highest, with 717,200 lots; Followed by、The daily limit orders were 568,800 lots and 311,000 lots respectively.

　　Calculated by the amount of the seal,The amount of 5-share seal exceeds 100 million yuan,The amount of sealing orders was the highest, with 362 million yuan, 293 million yuan and 199 million yuan respectively.

　　Judging from the number of consecutive daily limit days,、7 boards,, 4 connecting plates,,、、3 even the board,,、、Equal to 9 strands and 2 boards.

　　Besides,6 th, 4 boards,5 th, 3 boards,2 boards on the 4th,、、3 rd, 2 boards.

Leading the finishing touch:Multi-share daily limit of automobile industry chain

　　1. Automobile industry chain

　　Daily limit stocks:,、、、、、

　　March 12 th news,It is officially announced that Xiaomi SU7 will be officially listed on March 28th, 2024. On March 11th, the director of the State Financial Supervision and Administration said that he was studying to reduce the down payment ratio of passenger car loans and further optimize the pricing mechanism of auto insurance.

　　: On March 13th, the Ministry of Industry and Information Technology released the 381st batch of "Announcement of Road Motor Vehicle Manufacturers and Products", which included the brand-new smart choice vehicle Enjoying S9 jointly built by Huawei and Beiqi Blue Valley, and the production place was Beiqi Factory in Caiyu Town, Daxing, Beijing.

　　: wholly-owned subsidiaries Wuxi, Xu Xuehai and Xinneng.The establishment of Wuxi Huateng Xinneng will focus on the early stage of Huateng Xinneng.Technical reserve and research and development of automobile drive system, plug-in hybrid electric vehicle drive system (including extended range) and new energy marine drive system.

　　: The company has obtainedThe passenger car thermal management project cooperated with Huawei is still in the development stage, and the production has not been actually scheduled, which will generate sales revenue after mass production.

　　2、and

　　Daily limit stocks:、、、、、

　　In the news, the Global Developers Conference will be held in San Francisco from March 18th to March 22nd, Beijing time.

　　: Two companies under the company belong to game developers, and independently research and develop well-known IP such as "Chivalrous Road".The product line covers mobile games, page games and end games.

　　: AI Xinghe is a project that the company explores the field of "game+medical care" by combining AI and VR technologies.

　　3、

　　Daily limit stocks:, Rongji software,、

　　In the news, Huawei ShengsiThe framework summit will be held on March 22, 2024.

　　: The company’s position in the operating system industry of Galaxy Kirin continued to consolidate, and its market position remained ahead.

　　Rongji software: the company undertakes government affairs.Platform, engineering, information security and other major national information projects, as well as core business support systems and key common technology platforms in many industries.

　　The company is mainly engaged in the research and development of report management software, e-government software, ERP software and business intelligence software, and its product line mainly covers government reports and statistics. existThe application field introduces industry solutions focusing on finance and taxation.

Dragon and Tiger Stand: Net Buy of Dragon and Tiger ListOver 80 million yuan

　　In today’s dragon and tiger list,、、、, American new technology,、,, Lanhai Huateng and others are on the list.

　　Among them,,, were the top three net purchases in the Dragon and Tiger List that day, with 82.7471 million yuan, 69.0448 million yuan and 41.9992 million yuan respectively.

　　Among the stocks on the list of institutional seats, the top three net purchases are、, 4.0402 million yuan, 1.3746 million yuan and 166,000 yuan respectively.

　　Net selling of dedicated seats56.8152 million yuan, 55.1538 million yuan.Net purchase of dedicated seats23.7335 million yuan,20.2571 million yuan.

　　In terms of hot money, Huaxin Xi ‘an Branch bought a net amount of 73.0073 million yuan from CITIC Haizhi;The sales department of Qinghe East Road in Guangzhou sold century huatong 71,291,700 yuan.

　　Disclaimer: All information in DataBao does not constitute investment advice, and the stock market is risky, so investment should be cautious.

To celebrate the 100th anniversary of the founding of the Communist Party of China (CPC), a major revolutionary historical TV series "Midstream Hit the Water" produced by the Central Radio and Television General Station, filmed by the TV Drama Documentary Center of the General Station, and contracted by the China TV Drama Production Center Co., Ltd. landed on CCTV-1 for its prime-time premiere tonight!

Guided by the "Red Boat Spirit", the TV series Hit the Water in the Middle Stream tells the historical process of the birth, development and growth of the Communist Party of China (CPC) during the ten years from the May 4th Movement in 1919 to the victory in Jinggangshan in 1928.

Text |C2CC New Media

As the year approaches, I believe we are most concerned about two things: First, the A shares that have repeatedly fallen below 2,800 points have made China investors "lose their shorts"; second, whether the annual meeting and the year-end bonus will be "a fart year" as Wang Jianlin said, or "don’t give up hope even if you lose everything in the secondary market, after all, there is still a tertiary market".

The good news is that according to the data released by the national statistics department, the gross domestic product (GDP) of China reached 126.06 trillion yuan in 2023, up 5.2% year-on-year, and the growth rate was 2.2 percentage points faster than that of 2022.

In addition, the National Bureau of Statistics released the domestic consumption data for the whole year of 2023. From January to December 2023, the total retail sales of social consumer goods was 47,149.5 billion yuan, an increase of 7.2% over the previous year. Among them, the retail sales of cosmetics was 414.2 billion yuan, up 5.1%, and the growth rate of cosmetics market did not outperform the market.

At the end of January, 2024, listed beauty companies at home and abroad released their 2023 financial reports and performance forecasts one after another. C2CC Media’s "Counting Beauty" column counted the relevant financial report data, and found that for domestic beauty companies, profit growth and turning losses into profits are the main melody melody, but it seems that profit growth can’t save the bleak capital market, while international beauty companies are mixed. Behind the performance growth, it is more through "price increase strategy" to offset the continuation of product sales.

We can also spy from the import and export data released by the General Administration of Customs in 2023. From January to December 2023, the total import and export value was 41.76 trillion yuan, up 0.2% year-on-year, of which the quantity and amount of cosmetics showed a double downward trend. From January to December, the import of beauty cosmetics and toiletries was 358,600 tons, down 14.2% year-on-year, and the total import value was 126.02 billion yuan, down 15.2% year-on-year.

01 domestic beauty listed companies: growth is the main theme.

1. Marubi shares: the net profit increased by 72-89% in advance, and the performance reached a new high.

On January 22nd, Guangdong Marubi Biotechnology Co., Ltd. (hereinafter referred to as Marubi) released the annual performance forecast for 2023.

The performance forecast shows that, according to the preliminary calculation by the financial department of the company, the net profit in 2023 is expected to be RMB 300 million to RMB 330 million (hereinafter all RMB), which will increase by RMB 126 million to RMB 156 million compared with the same period of last year, with an increase of 72% to 89%. It is estimated that in 2023, Marubi’s net profit after deducting non-recurring gains and losses attributable to the owners of the parent company will be 220 million yuan to 250 million yuan, which will increase by 84.05 million yuan to 114 million yuan compared with the same period of last year, with a year-on-year increase of 62% to 84%.

As for the growth of performance, Marubi said in the preview that the main reason was that the company actively promoted the transformation of online channels and better grasped the annual marketing rhythm. Among them, Marubi brand’s content e-commerce represented by Tik Tok Aauto Quicker increased by over 100%, and the second brand PL’s love for fire increased by over 100%.

2. Freda: The annual revenue exceeded 2 billion.

On January 23rd, Lushang Freda Pharmaceutical Co., Ltd. (hereinafter referred to as "Freda") released the annual performance forecast for 2023.

According to the performance forecast, according to the preliminary calculation by the financial department, it is estimated that the net profit attributable to shareholders of listed companies in 2023 will be 260 million yuan to 290 million yuan, an increase of 215 million yuan to 245 million yuan compared with the same period of last year, an increase of 472% to 538%.

It is estimated that the net profit of listed public shares after deducting extraordinary gains and losses will be 116 million yuan to 146 million yuan in 2023, which will increase by 58 million yuan to 88 million yuan compared with the same period of last year, with a year-on-year increase of 98% to 150%.

For the surge in net profit, Freda said that the core reason benefited from the divestiture of real estate development business, and at the same time, relying on solid scientific and technological research and development strength and the advantages of multi-brand omni-channel development, it constantly empowered the development of core business, especially the performance of cosmetics.

3. Shuiyang shares: the net profit doubled.

On January 18th, Shuiyang Company released its 2023 annual performance forecast.

The annual performance forecast shows that in 2023, Shuiyang Co., Ltd. is expected to achieve a net profit of 280 million yuan to 320 million yuan, a year-on-year increase of 124%-156%, and a non-net profit of 260 million yuan to 300 million yuan, an increase of 169%-210%.

For the reasons of high performance growth, Shuiyang believes that the overall business and product structure are further optimized, the brand matrix is perfect, and the proportion of high-margin brands continues to rise. At the same time, the company insists on refined operation, continuously improves management efficiency, continuously improves organizational system construction, and improves the effect of cost control.

4. Beauty and Beauty Makeup: Net profit turned into profit.

On January 30th, Liren Lizhuang disclosed the 2023 annual performance forecast.

The forecast shows that Liren Lizhuang expects to achieve a net profit of 28 million yuan to 35 million yuan in 2023, especially in the fourth quarter. The company turned losses into profits throughout the year and its business operations continued to improve.

Liren Lizhuang pointed out in the announcement that the company’s net profit attributable to shareholders of listed companies in 2023 turned into profit compared with that in 2022, mainly due to the growth of the company’s emerging channel business, the smooth progress of incubating brands, the improvement of inventory structure and the overall cost control.

5. Runben shares: The revenue scale continues to grow.

On January 24th, Runben shares released the 2023 annual performance forecast.

The forecast shows that Runben shares are expected to realize a net profit of 215 million to 235 million yuan in 2023, an increase of 34.34% to 46.83%; Non-net profit deduction is estimated to be 207 million to 227 million yuan, up 34.1% to 47.05% year-on-year. In Q4 alone, the company expects to realize a net profit of RMB 34-54 million, up by 17-86% year-on-year, and realize a net profit of RMB 30-50 million deducted from non-homecoming.

The report pointed out that the pre-increase in performance was mainly due to the company’s further expansion of baby care products and product matrix, and the proportion of baby care products further increased, which improved the overall profitability of the company. At the same time, the company continuously strengthened operation management and continuously improved operation management efficiency, and the sales expense ratio decreased year-on-year.

6. Ruo Yuchen: The net profit is expected to increase by nearly 62%

On January 29th, Ruo Yuchen released the 2023 annual performance forecast.

According to the report, it is estimated that the net profit attributable to shareholders of listed companies during the reporting period will be RMB 42 million to RMB 54.6 million, an increase of 24.42% to 61.75% over the same period of last year; Non-net profit was 41 million yuan to 53.6 million yuan, an increase of 29.01% to 68.65% over the same period of last year.

Ruo Yuchen said that the increase in operating performance in 2023 stems from the company’s strengthening of refined operations in 2023, reducing operating costs from multiple dimensions, strengthening control over expenses and budgets, improving overall operating efficiency, and improving the company’s costs and various expenses as a whole; In addition, in 2023, the operating income of its own brand "Zhanjia" increased significantly. During the reporting period, the introduction of new brands such as "Ai Weinuo", "Ai Ziran" and "Kang Wang" developed rapidly, which had a positive impact on the company’s operating performance.

7. Celebrity Health: The net profit may exceed 100 million yuan.

On January 29th, Mingchen Health Products Co., Ltd. (hereinafter referred to as "Mingchen Health") released the annual performance forecast for 2023.

The forecast shows that the estimated net profit attributable to shareholders of listed companies in 2023 is between 70 million yuan and 100 million yuan, compared with 25.33 million yuan in the same period last year, up by 176.35% to 294.79%. Non-net profit was between 65 million yuan and 95 million yuan, up 1462.68% year-on-year to 2091.61%.

8. Kesi shares: Net profit soared by nearly 96%

On January 15th, Nanjing Kesi Chemical Co., Ltd. (hereinafter referred to as Kesi) released the 2023 annual performance forecast.

According to the report, it is estimated that the net profit of returning to the mother in 2023 will be 720 million yuan to 760 million yuan, an increase of 85.5% to 95.8%; Deducting the net profit of non-returning to the mother was 703 million yuan to 743 million yuan, with an increase of 85.8% to 96.4%.

For the continuous high growth of performance and net profit in 2023, Kesi shares said in the forecast that due to the steady improvement of the company’s market position and the continuous growth of the market demand for sunscreen products, at the same time, due to the improvement of the company’s overall capacity utilization rate and the rapid release of the production capacity of new products represented by new sunscreen agents, it will eventually help the company’s main business income and gross profit margin level increase. In the future, KES will invest and build the "Malaysia Annual 10,000 Tons Sunscreen Series Product Project" in Malaysia to expand the market demand in Asia Pacific, Europe and other regions.

9. Aimeike: The annual net profit is nearly 2 billion yuan.

On January 5th, Aimeike released the 2023 annual performance forecast.

It is estimated that Aimeike will achieve a net profit of 1.81 billion to 1.9 billion yuan for the whole year, a year-on-year increase of 43% to 50%; Non-net profit was 1.782 billion to 1.872 billion yuan, up 49% to 56% year-on-year.

For the huge increase in net profit, Aimeike said in the preview that the company actively pays attention to market changes, provides high-quality services for downstream medical and beauty institutions at the academic and operational ends, better meets the needs of beauty seekers, and enhances the depth of cooperation with customers. At the same time, through the distribution model, it further expands the number of institutions covered by the company’s products and enhances the breadth of cooperation with customers.

10. Two-faced needle: the performance turned losses, and the net profit increased by over 147%.

On January 30th, "Toothpaste No.1" Double-sided Needle released the performance forecast for 2023.

According to the forecast, it is estimated that the two-sided needle will turn losses from January to December 2023, and the net profit attributable to shareholders of listed companies will be 18 million to 27 million yuan, with a year-on-year increase of 146.65% to 169.97%.

As for the turnaround in performance, the company said that in 2023, by opening up product sales channels and increasing product sales, the company’s profits increased accordingly. Among them, the operating income and net profit of its subsidiary, the hotel supplies business, increased significantly year-on-year.

11. Qingdao Golden King: Turn the net profit into profit.

On January 30th, Qingdao Jinwang Applied Chemistry Co., Ltd. (hereinafter referred to as "Qingdao Jinwang") disclosed the 2023 annual performance forecast.

According to the forecast, it is estimated that the net profit of Qingdao Jinwang returning to his mother in 2023 will be 11 million yuan to 16.5 million yuan, with a loss of 809 million yuan in the same period of last year; Deducting non-net profit is expected to be-4 million yuan to 2 million yuan.

According to the data, Qingdao Jinwang’s main business is divided into three parts: new material candle and aromatherapy and craft products business, cosmetics business and supply chain business. Among them, new materials, candles, aromatherapy and craft products business and cosmetics business are the core business development sectors of the company.

Qingdao Jinwang said in the notice that the main reason for the change in performance was that the company’s cosmetics business gradually recovered in 2023, but some subsidiaries’ cosmetics business failed to meet expectations.

02 international beauty listed companies: mixed feelings

1. LVMH Group: perfume and beauty business increased by 7%.

On January 25th, LVMH Group announced its annual performance report for 2023.

According to the financial report, in the twelve months ended December 31st last year, LVMH Group’s sales revenue increased by 9% year-on-year to 86.2 billion euros (about 670.82 billion yuan), its gross profit rate was 69%, its operating profit increased by 8% to 22.8 billion euros (about 177.39 billion yuan), and its net profit increased by 8% to 15.2 billion euros (about 118.20 billion yuan). Among them, the annual sales of perfume beauty business increased by 7% to 8.27 billion euros (about 64.3 billion yuan), an organic increase of 11%; The selected retail departments where DFS and Sephora are located have benefited from the recovery of global tourism retail and become the best-performing business of LVMH. The annual revenue increased by 20% year-on-year to 17.9 billion euros (about RMB 139.21 billion), with an organic increase of 25%, and the operating profit increased by 76% to 1.4 billion euros (about RMB 10.88 billion).

In terms of regions, Asia is the largest consumer market of LVMH, and Asia including China (excluding Japan) contributed the highest revenue of 26.707 billion euros, accounting for 31% of the Group’s revenue, up 1% from 2022. The United States and Europe contributed 21.538 billion euros respectively, accounting for 25% of the Group’s revenue, of which the proportion of revenue in the United States decreased by 2 percentage points, while that in Europe increased by 1 percentage point; Japan’s revenue was 6.031 billion euros, accounting for 7% and 12% in other regions.

LVMH Group said in the financial report that although there are still uncertainties in the geopolitical and macroeconomic environment, LVMH is full of confidence in its ability to continue to grow in 2024, the highly unique quality and creativity of its products and the professionalism of its management, and believes that it can stand out and gain market share.

2. Procter & Gamble: The annual net sales exceeded 600 billion yuan for the first time.

On January 23rd, Procter & Gamble released the second quarter (September 2023-December 2023) and annual performance report of fiscal year 2024.

The report shows that in 2023, P&G achieved a net sales of 83.964 billion US dollars (about 601.1 billion yuan) and a net profit of 14.861 billion US dollars (about 106.4 billion yuan). Among them, the company’s net sales in the second quarter was 21.4 billion US dollars (about 153.2 billion yuan), an increase of 3% over the previous year; The net profit of returning to the mother fell by 11.8% year-on-year to 3.468 billion US dollars (about 24.8 billion yuan).

In terms of departments, the organic sales of Beauty department in the second quarter was US$ 3.849 billion (about RMB 27.590 billion), an increase of 1%. The organic sales of Health Care department was 3.172 billion US dollars (about 22.738 billion yuan), up by 2%. The organic sales of Grooming department for men was US$ 1.734 billion (about RMB 12.430 billion), up by 9%. The organic sales of Baby, Feminine &Family Care department was 5.146 billion US dollars (about RMB 36.888 billion), with an increase of 2%; Fabric &Home Care’s organic sales amounted to US$ 7.415 billion (about RMB 53.152 billion), an increase of 5%.

It is worth mentioning that P&G highlighted in its financial report that its sales in the second largest market, Greater China, dropped by 34% due to the slowdown in demand for high-end skin care brand SK-II and other products, mainly due to the impact of nuclear sewage discharge in Japan.

3. Chiwaton: The perfume business leads the growth.

On January 25th, the Swiss flavor and fragrance company Givaudan released its annual financial report for 2023.

According to the financial report, the total sales of Chihuaton in 2023 was 6.915 billion Swiss francs (about 57.481 billion yuan), up 4.1% year-on-year, and down 2.8% year-on-year in terms of Swiss francs. The annual sales of perfume and beauty department in 2023 was 3.312 billion Swiss francs (about RMB 27.531 billion), up by 7.6% year-on-year, and increased by 1.7% year-on-year in terms of Swiss francs.

Among them, the sales of high-end perfume increased by 14.0% year-on-year, the sales of consumer goods increased by 7.1% year-on-year, and the sales of essence components and active beauty business increased by 1% year-on-year.

In terms of regions, sales in Europe and the Middle East reached 2.717 billion Swiss francs (about 22.653 billion yuan) last year, up 8.4% year-on-year, ranking first; In the Asia-Pacific region to which China belongs, sales amounted to 1.698 billion Swiss francs (about 14.157 billion yuan), up 3.9% year-on-year; The total sales in North America reached 1.653 billion Swiss francs (about 13.782 billion yuan), down 6.8% year-on-year; Latin America has the fastest growth rate, achieving sales of 847 million Swiss francs (about 7.062 billion yuan), up 15.1% year-on-year.

Chiwaton said in the performance report that the good growth benefited from the sustained strong performance of high-end perfume business, the continuous high level of new business, the increase in pricing of all businesses and the increase in the growth rate of consumer goods business in the second half of 2023.

4. Inter Parfums: The annual net sales increased by 21%.

On January 24th, Inter Parfums, a perfume manufacturer, released its financial reports for the fourth quarter and 2023 as of December 31st, 2023.

The financial report shows that the net sales of Inter Parfums in the fourth quarter was 329 million US dollars (about 2.357 billion yuan), up by 6%. In 2023, the company’s overall net sales were 1.32 billion US dollars (about 9.455 billion yuan), an increase of 21%.

By region, the sales of Inter Parfums’ European business increased by 2% to 200 million US dollars (about 1.433 billion yuan) in the fourth quarter; The annual sales of European business reached US$ 862 million (about RMB 6.175 billion), up by 16%. In the fourth quarter, the sales of American business increased by 13% to US$ 128 million (about RMB 917 million), and the annual sales of American business was US$ 456 million (about RMB 3.266 billion), up by 33% year-on-year.

5. Colgate: Toothpaste accounts for 41.1% of the global market.

On January 26th, Colgate announced the financial performance data for the fourth quarter and the whole year of 2023.

The data shows that Colgate achieved net sales of 19.457 billion US dollars (about 139.612 billion yuan) in 2023, an increase of 8.5% year-on-year. In the fourth quarter, Colgate achieved net sales of US$ 4.95 billion (about RMB 35.518 billion), a year-on-year increase of 7%.

Colgate said in the financial report that its net sales and organic sales both increased by 7% in the fourth quarter, and it still maintained a leading position in the toothpaste industry and manual toothbrush field. Among them, the global market share in toothpaste industry accounts for 41.1%, and the global market share of manual toothbrushes accounts for 31.5%.

6. L ‘Occitane: China market contributed 21.9%.

On January 30th, L ‘Occitane Group released its financial report for the third quarter and the first nine months of fiscal year 2024 as of December 31st, 2023.

The financial report shows that L ‘Occitane’s sales in the first nine months reached 1,915.3 million euros (about 14,883 million yuan), an increase of 18.9% according to the reported growth rate and 24.8% according to the fixed growth rate. Net sales in the third quarter reached 843.4 million euros (about 6.554 billion yuan), an increase of 19.5% at the reported rate and 24.6% at the constant rate.

In terms of regional performance, the Asia-Pacific region grew by 6.7% in the nine months of fiscal year 2024, and the China market contributed a strong growth of 21.9%.

Regarding the steady sales momentum in the first nine months, L ‘Occitane said that the growth was mainly due to the continuous excellent performance of Sol de Janeiro, the positive performance of Elemis and the steady growth of L’Occitane en Provence in China.

7. Amore Pacific: Double decline in performance and profit.

On January 30th, Amore Pacific Construction Group released its financial report for the fourth quarter and the whole year of 2023.

According to the financial report, in 2023, the group’s annual sales were 4,021.3 billion won (about 21.675 billion yuan), down 10.5% year-on-year; Operating profit was 152 billion won (about 819 million yuan), down 44.1% year-on-year. Among them, the sales in the fourth quarter of 2023 was 1,018 billion won (about 5.487 billion yuan), down 14% year-on-year; Operating profit was 29.9 billion won (about 161 million yuan), down 62% year-on-year.

8. LG’s healthy life: weak demand in China has become the key to the decline in performance

On January 31st, LG Life Health released its fourth quarter and full-year financial report for 2023.

According to the financial report, the annual sales of LG Life Health in 2023 was 6804.8 billion won (about RMB 36.609 billion), down 5.3% year-on-year, and its operating profit was 487 billion won (about RMB 2.616 billion), down 31.5% simultaneously. In Q4 of 2023, LG’s life and health sales amounted to 1,567.2 billion won (about RMB 8.419 billion), down 13.3% year-on-year, and its operating profit was 54.7 billion won (about RMB 294 million), down 57.6% year-on-year.

LG Life Health said in the financial report that the sales of beauty cosmetics, HDB and refreshments all declined in 2023, the profitability of beauty cosmetics declined due to weak demand in China, and the operating profit declined due to overseas restructuring.

　　"One thousand hopes, one hundred percent happiness."

　　"Buy more, buy less, buy as much as you want, and you will win sooner or later." … …

　　Previously, walking on the street, you can often see similar slogans hanging outside the lottery betting station; In the betting station, many lottery players get together to exchange experiences. But now, is such a scene less and less common? In June this year, the national lottery sales totaled 34.767 billion yuan, a decrease of 23.862 billion yuan or 40.7% over the same period of last year. Not only did the monthly data decline, but combing the lottery sales data in the past decade found that the lottery sales showed negative growth year-on-year for the first time in the first half of this year. What causes the lottery market to be cold? What is the future trend of lottery market?

　　In the first half of the year, national lottery sales fell first.

　　From January to June this year, the national lottery sales totaled 212.596 billion yuan, a year-on-year decrease of 32.602 billion yuan or 13.3%. Among them, the sales of welfare lottery institutions was 97.757 billion yuan, a year-on-year decrease of 12.838 billion yuan or 11.6%; The sales of sports lottery institutions reached 114.839 billion yuan, a year-on-year decrease of 19.764 billion yuan or 14.7%.

　　Combing 2010 — The lottery sales data in the first half of the decade in 2019 found that this was the first year-on-year decline.

　　Judging from the monthly data, in June this year, the country sold a total of 34.767 billion yuan of lottery tickets, down 40.7% from the same period of last year. The year-on-year decline was mainly due to the large sales of quiz lottery games in the World Cup in June 2018, with a high base in the same period last year. In the first half of 2018, lottery sales increased by as much as 19.6%. Looking back on the past decade, the lottery market experienced a double-digit rapid growth period in 2010-2012, maintaining a high growth rate of more than 20%; In 2013 and 2014, the growth rate of national lottery sales fell below 20%; From 2015 to the first half of 2017, the growth rate of national lottery sales dropped significantly, only 5.2%, 3.5% and 5.5% respectively. Negative growth occurred for the first time in the first half of 2019.

　　Where do people prefer to buy lottery tickets?

　　Geographically, data from the Ministry of Finance show that in June this year, lottery sales in 31 provinces (autonomous regions and municipalities directly under the Central Government) all declined compared with the same period of last year.

　　However, from the cumulative data in the first half of the year, lottery sales in five provinces increased year-on-year, namely Sichuan, Shanghai, Henan, Anhui and Beijing, with an increase of 1.681 billion yuan, 234 million yuan, 190 million yuan, 172 million yuan and 45 million yuan respectively. As far as the overall sales volume in the first half of the year is concerned, Guangdong, Jiangsu, Shandong, Zhejiang and Henan rank among the top five in the country.

　　Strengthen the supervision of high-frequency fast-opening games

　　Why did lottery sales decline in the first half of this year? An expert in the lottery industry analyzed that at the beginning of this year, in order to regulate the lottery market, the Ministry of Finance, the Ministry of Civil Affairs and other departments strengthened the supervision of high-frequency quick-opening games and quiz games, extended the sales time of high-frequency quick-opening games and reduced the number of lottery games.

　　High-frequency fast-opening games mainly complete the process from sales to lottery every few minutes or ten minutes through electronic equipment. The data shows that in 2017, the share of Fucai quick-opening games in the total sales volume of Fucai reached 40%. In that year, the total sales volume of national welfare lottery was 216.977 billion yuan, of which the sales volume of quick-opening games was 87.522 billion yuan. A lottery player said: "The number of high-frequency fast-opening games is small, there are many awards, and the lottery is frequent. Many domestic lottery buyers are speculative when buying high-frequency fast-opening games. Some lottery buyers can play all day and easily lose their minds."

　　In January this year, the Ministry of Finance, the Ministry of Civil Affairs, and the General Administration of Sports issued a notice requesting to adjust the rules of high-frequency fast-opening lottery games and quiz lottery games and strengthen the supervision of the lottery market. According to the notice, in recent years, China’s lottery industry has generally shown a sustained and healthy development trend. At the same time, there are still irrational lottery buying phenomena in the lottery market, such as unauthorized use of the Internet to sell lottery tickets and large bets. In particular, the market supervision of welfare lottery quick-opening games, sports lottery high-frequency games and sports lottery national online single-game quiz games needs to be strengthened.

　　The notice is clear. From February 11th, if the sales time of high-frequency quick-start games is shorter than 20 minutes, it will be adjusted to 20 minutes. Since 2019, the number of contests and events for the annual quiz game shall not be higher than 70% of the number of contests and events for sale in 2018.

　　The above-mentioned experts also pointed out that the main reason is that there was a World Cup in June 2018. At that time, the sales volume of SMG was particularly large, which also boosted the sales volume of sports lottery. However, there were no important sports events in June this year. The sharp decline in sports lottery sales in June was an important factor in the decline in lottery sales in the first half of the year.

　　Internet lottery was banned.

　　The ban on internet lottery sales also has an impact on lottery sales. In August 2018, the Ministry of Finance and other 12 departments jointly issued a document, resolutely prohibiting the unauthorized use of the Internet to sell lottery tickets.

　　Internet lottery had previously shown a blowout growth trend in 2014. The huge sales volume of nearly 100 billion yuan makes internet lottery purchase an important force to promote the development of lottery market.

　　In 2014, Internet lottery experienced a glorious period. Major sports events, including the World Cup in Brazil, boosted the sales of Internet lottery by 102% from 42 billion yuan in 2013 to 85 billion yuan, accounting for 20% of the total lottery sales. According to the Analysis Report of Internet Lottery Market in 2014, there were more than 100 million users in China who bought lottery tickets through Internet channels, and the Internet became an important betting platform and channel for users.

　　Since then, since 2015, the Ministry of Finance and other departments have repeatedly issued a document to prohibit the sale of lottery tickets through Internet channels. However, during the 2018 World Cup, a large number of mobile apps illegally sold lottery tickets through the Internet.

　　At that time, there were many fish that escaped from the net without being investigated. According to reports, through the search of "lottery" in Android and Apple mobile phone stores, some apps have stopped selling lottery tickets, but there are still many softwares that can buy lottery tickets. In the early days of the World Cup last year, many companies launched online lottery platforms again. Finally, many online football lottery platforms such as "Winning the lottery every day" and "Everyone Winning the lottery" stopped selling on June 20 last year.

　　Standardize the management of welfare lottery issuance

　　The corruption case of Fucai Center exposed last year aroused social concern. On November 9, 2018, the website of the Central Commission for Discipline Inspection published a heavy article: "Pay equal attention to reduction and suppression, treat both the symptoms and the root causes, rebuild the credibility of Welfare Lottery, and the discipline inspection and supervision team stationed in the Ministry of Civil Affairs will promote the formation of a good political ecology from typical cases", with more than 4,000 words, and released confession videos of four former leaders of China Welfare Lottery Issuance Management Center.

　　After the corruption case of Welfare Lottery, the Ministry of Civil Affairs has improved the management system of welfare lottery issuance, sales, distribution and use of public welfare funds, such as changes in the internal institutions in charge of welfare lottery management.

　　On July 29, the Ministry of Civil Affairs held a press conference, and the relevant person in charge introduced that there are three main reform directions in regulating the issuance and management of welfare lottery tickets. First, cooperate with the Ministry of Finance, comprehensively rectify the unauthorized use of the Internet to sell welfare lottery tickets, and comprehensively conduct self-examination and inspection of national welfare lottery institutions and consignment agents. Second, vigorously adjust the rules of the quick opening game of welfare lottery to resolve the market risks of welfare lottery. The third is to improve the welfare lottery issuance management system. According to Economic Daily