Month: September 2023

Recently revealed court documents not only leaked Microsoft’s console plans and game lineups in recent years, but also some “shocking” comments from Xbox President Phil Spencer, who said that if Game Pass subscriptions don’t grow enough by 2027, Microsoft will get out of the gaming business. will get out of the gaming business.

FTC attorney James Weingarten displayed the following internal Xbox Game Pass slide in front of Spencer, questioning whether he agreed with the prediction that there are more than 100 million members of the Xbox Game Pass subscription service between FY2029 and FY2030, largely from a surge of users in the PC and cloud markets.

Spencer made it clear that if this prediction turns out to be true, then Microsoft will get out of the gaming business. Microsoft needs the light green and blue parts of the chart (PC and cloud) to grow considerably by 2027, and if not, then it will get out of the gaming business.

He said, “I don’t believe this is what the Xbox business will look like in the future. This is a presentation that our devices organization made to the gaming leadership team, so this is how our team that’s responsible for building the hardware sees the future of the business.

I can say with certainty that if we don’t make more progress in the console space, we’re going to get out of the gaming industry. If that turns out to be the case, I don’t believe we’ll still be in the business.

I expect that by 2030, the majority of our customers will come from our own hardware. So when you ask me if I agree that the lighter greens and blues on this chart have to be bigger, sooner. I would say that by FY26 or FY27, we should be at that level, or we’re going to have to make different decisions about the business.”

Microsoft is forecasting sales of 56-59 million Xbox Series consoles by 2027, a number roughly comparable to the Xbox One.

Recently, another news item that has been on the minds of foodies has appeared – a large amount of Italian blue crabs are flooding the country and are getting out of control!
Invasive species are flooding the country, something that should be left to the stomachs of humans to fundamentally fix!
But in Italy, the blue crab is a thorn in the side of Italian fishermen, a plague reincarnated!

The blue crab, known as the Atlantic blue crab, was accidentally brought to Italy by an American cargo ship decades ago.
Like other invasive species, the blue crabs found no natural enemies or competitors in Italian waters and began to eat, drink and reproduce like crazy.
Thus began the disaster for the Italian fishing industry…
Until then, Italy had always prided itself on its fishing industry, producing clams and mussels, Tuscan silkfish and eels.

Italy’s Po River delta is a UNESCO-designated wetland area and has a global reputation for pink oysters, mussels and clams. Italy is also the largest producer of clams in Europe.
However, the accidental invasion of blue crabs has “wiped out” half of the native species. This summer, Italy’s famous clam species have virtually disappeared.
The blue crab feeds on mussels and clams, especially when they are young. If you catch someone’s baby and eat it, you’re not going to wipe out their offspring, are you?
Moreover, the blue crab is also a ruthless character with weapons, encountering eels, directly cutting people’s heads, encountering fishermen’s nets, directly pincer through the escape.
In recent years, Italian fishermen have been catching more and more eels without heads, broken juvenile mussels and clam shells…
Actually, in previous years it wasn’t nearly as bad as this year. I’m sure you’ve heard about the hot weather in Europe this summer, with high air temperatures and sea water temperatures rising from previous years. And this has caused the warmth-loving blue crab to go crazy with seed production, spawning 2 million eggs a year, the highest number in years!

Experts say that blue crabs reproduce and move slowly in seawater below 10 degrees Celsius, but now that global temperatures have risen and seawater has warmed, blue crabs are “on the rise”: there is no longer a so-called winter season that can stop me from reproducing!
Recently, fishermen in Sacodigoro have been catching about seven tons of blue crabs a day from the lagoon.
The immediate consequence of the blue crab’s frenzied growth is that this year’s production of Italian mussels and clams has been cut in half, and fishermen are already expecting next year to be even worse: production will fall by 80-90%!
“When we pull up our nets, we find them strewn with broken, empty clam shells,” said one Italian fisherman, adding that
“They eat clams that are about to be harvested as well as those that have just been born, which means that next year’s supply has basically gone to the dogs.”
Blue crabs have put immediate career-destroying pressure on local fishermen. Over 1,500 fishing-related jobs are expected to be at risk this year, and the Italian fishing industry has already lost millions of dollars in revenue because of blue crabs.
The Italian government has declared a state of emergency in the country’s fishing industry for the invasive blue crab this year, and has shelled out a massive 2.9 million euros to try to solve Italy’s blue crab crisis.
Officials are now focusing on how to “destroy” the invasive animal and protect the native species, rather than catching it and finding another solution.
But some officials, seeing the potential and hope in eating the crab, are actively promoting the change of the blue crab into a food item in rural areas.
Even Italian Prime Minister Giorgia Meloni recently took the initiative to show blue crabs on her dinner plate at a farmhouse, offering an alternative solution to Italy’s fishing crisis.
But given that Italians and other Europeans don’t have a tradition of eating blue crabs, these blue crabs won’t be hitting European tables very often in the short term.
In the meantime, Italians are concerned that starting to catch and process blue crabs could profoundly change the chain of their own nation’s traditional seafood, leading to a loss of traditional techniques and crafts as well as gastronomic heritage, culinary traditions.

“This economy not only provides livelihoods for the community,” said the governor of Emilia-Romagna, “but also represents Italian and European excellence, like other specialties of the region, such as Parma ham or Parmesan cheese.”
Lionello Cera, chef at Antica Osteria, a two Michelin-starred restaurant in the northern Po Delta, vetoed blue crabs outright when asked if they would be on his menu.
“They are destroying our lagoons and some people have suggested they could replace our granseola (local spider crab), but my answer is no.”
In Rome’s Testacchio neighborhood, one restaurateur said he might eventually offer the blue crab as an option for diners, but as long as clams and mussels remain available, he will “prioritize Italian cuisine” before succumbing to the practice of selling “enemy fish”. The practice of selling “enemy fish”.

Today, Italy is still reeling from the blue crab crisis, losing money and jobs. But right after the news broke, Koreans were abuzz!
Yes, blue crab is one of the top seafood delicacies in Korea.
Now, fast-moving Korean merchants are already working on a case with Italian fishing companies to import large quantities of Italian blue crabs.
Koreans love blue crabs, and the raw marinated version is popular. The dish is called “gejang,” and it can be marinated in soy sauce.
The dish is called “Gejang” and can be marinated in soy sauce or with more aggressive chili peppers.
A single serving of gejang costs about 35,000 won ($30) at a regular restaurant, and can be double that at a fine dining establishment.

South Korea’s supply of blue crabs is almost entirely imported, with the country being the supplier of 97 percent of the country’s blue crab imports, for example.
In 2022, South Korea imported 12,867 tons of blue crabs.
This year, even after the release of contaminated water from Japan’s Fukushima, sales of Korean blue crabs continued at a similar level to previous years.
Now, hearing the news that they can expect to eat imported blue crabs at a reduced price, Koreans are saying out loud: welcome! Cheaper please!

Here’s what Korean netizens are saying.
“Originally, Europeans didn’t eat crabs, crayfish, conch …… or anything like that. Rather than being tasteless, there’s a very valid reason why it’s harder to pick out than meat, requires a lot of effort, and produces a lot of food waste.
It’s like in our country, there is no such (there may have been in the past, but I guess it doesn’t exist now) culture of eating fish with bones and putting them in the mouths of children.
In any case, just as we import 90% of our conch from the British North Sea, it seems likely that we import all our blue crabs from Italy.”
“These days the male crabs are full of meat and sweet flavor. They say the sky is the limit, blue crabs have been caught in abundance and are cheap, so let’s buy some and eat them. Fellow countrymen, let’s save the fishermen and the country together~!”
“I want to eat it too.”
“I want to know how much of the middleman’s profit the wholesaler eats and sells to the consumer.”
“Even abroad, crabs like jumbo crabs are expensive ingredients, so why are blue crabs a cold meal?”
“It would be nice to import as many fresh and quality ingredients as possible to meet domestic demand. The choice of demand depends on the consumer.”
“You must come soon, blue crab, while it’s ripe! I’m waiting with my mouth closed!”
“It looks delicious, hurry up and import it, I want to buy 100,000 won of blue crabs to make flavored crab paste”
“The fastest runner in the business opportunity is the winner.”
Well, it seems that foodies all over the world have the same mindset…

On September 18th, located in Kunshan, the China Coffee Innovation Industrial Park, Starbucks’ largest strategic investment in production outside of the United States, officially went into production.
In this world-class roasting factory, I was invited to learn about the “invisible power” behind Starbucks through an immersive experience, and gained a new understanding of a cup of coffee that is as good as the one in every store.
For China’s coffee, which is on the rise and aims to go global, how the global coffee industry chain is laid out and constructed may be closely related to every practitioner.

A total investment of 1.5 billion industrial park
What changes will be brought to Starbucks?
Following the Shenzhen Innovation and Technology Center, Starbucks China has invested 1.5 billion in another project: the China Coffee Innovation and Coffee Industrial Park (hereinafter referred to as the Industrial Park), which is officially put into production.
If the Innovation Center is Starbucks China’s layout for exploring the “future of coffee”, then the Industrial Park is Starbucks China’s key initiative to improve coffee quality and operational efficiency.
Let’s start with the overall layout of the Industrial Park.

This is the industrial park invested by Starbucks China in March 2020, covering a total area of about 80,000 square meters, the core body is divided into “coffee roasting factory, integrated logistics center, coffee journey experience center” three major plates, the functions of which cover the importation of coffee beans, roasting, packaging, storage, logistics, and to provide coffee-themed tours, It also provides coffee-themed tours, coffee-related training, etc.
This industrial park is of great significance to Starbucks China.
Wang Jingying, Chairman and CEO of Starbucks China, said, “The industrial park completes the scaling up of our vertical supply chain from raw beans to coffee in China, and refreshes the benchmark for sustainable development of China’s coffee industry.”
To extract the key information from the site: the beans roasted in the future industrial park will be shipped to more than 200 cities and 6,500 stores nationwide through an integrated logistics center.

In short, for consumers, the beans in future Starbucks stores in China will be fresher, and the localization of coffee blending in the industrial park will bring the flavor of coffee closer to the needs of Chinese consumers.
For Starbucks internally, the significant shortening of the transportation radius, stores will be able to realize small batch reporting and high frequency distribution, allowing for a more efficient turnover of raw materials, lower operating costs and store losses, and improved coffee quality.
Most importantly, Starbucks has completed a complete vertical supply chain in China, and with the help of digitization, it will be closer to consumers from the planting end, the processing end to the store end, and will be able to gain better insights into China’s fast-changing consumer trends.
China is the first market in the world where Starbucks has realized a complete industrial chain, which is a milestone event in Starbucks’ global supply chain layout. For China’s coffee industry, this immersive industrial park with multi-dimensional experience also brings new enlightenment to the industrial chain layout of domestic brands –
Picture from bean to cup
Coffee industry chain “sampling”
The production of the industrial park, for Starbucks China, in a single market to take the lead in the completion of the whole industry chain from “planting, purchasing, blending, roasting, distribution, store presentation, talent training” of the seven links, but also for the whole industry chain layout of domestic coffee to establish a benchmark. This is the first enlightenment brought by the industrial park.

Among them, there are several achievements that must be mentioned.
The first one is coffee blending, roasting and distribution. The commissioning of the industrial park formally makes up for these three links in the industry chain, customizing coffee blending and roasting solutions for the Chinese market and responding to customers’ needs with greater agility.
The second is the construction of a coffee grower support center. As early as 2012, Starbucks established a “Coffee Grower Support Center” in Yunnan to bring Yunnan coffee to the wider world.
In the industrial park I saw that Starbucks has established a total of 10 coffee grower support centers in the three major producing regions of Latin America, Asia and Asia-Pacific. Countless agronomists are rooted in the production areas to help coffee farmers grow better quality coffee.

The third is the construction of a huge procurement network, Starbucks from more than 30 countries and regions, including China, 500,000 coffee farmers in-depth cooperation, the establishment of a global coffee bean procurement network, which is crucial to a cup of coffee “ten thousand stores as one”.
Fourthly, I was surprised to see that Starbucks takes talents as an important link in the whole industry chain. Starbucks’ partner culture not only cultivates talents for its own industry chain, but also once became the “Whampoa Military Academy” of the domestic coffee industry, which conveys a large number of professional talents.
Picture of a cup of coffee “humanistic connection”.
In addition to customers and partners, there is a new dimension.
Secondly, I would like to talk about Starbucks’ “humanistic connection”.

At the event in the industrial park, Starbucks Global CEO Mr. Nasir Hammonds said, “The world around us has a creeping sense of loneliness, and coffee is a way to connect people across cultures. We focus on every cup of coffee, every conversation, and every community to inspire the infinite possibilities of human connection.”
In the past, I have seen and understood that there are two levels of humanistic connection, one is to be a humanistic connection with customers externally, and the other is to be a humanistic connection with partners internally.
However, during my visit to the industrial park, I gained a deeper understanding of human connection:
I saw Starbucks’ concept of “open source agriculture”, which develops higher yielding, disease-resistant tree species and opens them up for free for use in major producing regions around the world, and has already shared 90 million new coffee seedlings around the world.

There is also “ethical sourcing”, from the prohibition of child labor, to whether the supplier has given the grower a sufficiently transparent amount of money in each transaction, to whether there is gender and racial discrimination, to how to deal with the wastewater generated in the coffee processing process, “ethical sourcing” norms The Ethical Sourcing Code contains nearly 150 individual indicators.
I felt that the human connection is not a slogan, and not only for customers and employees, but also for the care and empathy of each participant in the chain.

From planting to production, from stores to customers, from business to environmental friendliness, the sincere communication and win-win layout of each other in an industrial chain is the ultimate humanistic connection of a cup of coffee, and the real sustainable long-termism of the whole coffee industry chain.
From “factory” to “landscape” in the picture
is the reference direction for the development of the coffee industry chain.
Thirdly, I would like to talk about the transformation of the supply chain from “factory” to “landscape”.
In the past, the industry’s attitude towards its own supply chain was very conservative.
But now it’s different, the tea industry’s 10,000-store supply chain big shot international, in 2022, took the 4A industrial tourism scenic spot license, becoming one of the local well-known business landscape.
This time the industrial park, is Starbucks China’s first coffee-themed immersive experience center, through more than 10 carefully designed experience points, plans to build a “coffee as a medium to promote experience upgrading, to create a new business card for the country’s industrial tourism”.

I learned on site that “in the near future, a few Gold Star members will have the opportunity to make reservations in advance to experience the experience center on the spot”.
It is foreseeable that this industrial park may be another popular “coffee landscape” after Shanghai Roastery.

To make a cup of “earth-friendly” coffee
is the responsibility of every practitioner
As the domestic beverage industry becomes more and more aware of environmental protection, Starbucks’ philosophy of “giving back to the environment more than we use it” will become an important reference index for coffee brands to build their supply chains.
I learned that the industrial park is Starbucks’ greenest roasting facility in the world, designed and built in accordance with international LEED Platinum and China’s three-star green building certification standards, covering both international and Chinese cutting-edge sustainable practices.

Sustainable concepts permeate every aspect of the industrial park’s design, construction, and operation. For example, over 26,000 square meters of solar photovoltaic panels have been laid in the park, providing 20% of its energy. In addition, the park is expected to recycle up to 90% of its waste annually.
Environmental protection is not a slogan, but a responsibility and commitment that every brand that wants to represent China in the world must have.

Going overseas is one of the hot topics in the beverage industry this year.
Coffee to the sea, this year, there are many brands have been eager to try, some brands in foreign countries to open the first store, there are brands have been overseas markets as an important market.
As Nasheim said, “To dream, is to dream big”.
Chinese coffee to the world, is not a false statement.
But going to sea is not a whim, nor is it just to open the store out, but to establish a set of industrial chain system for the global market, to stabilize and sustainably export products and brands. In this process, it is necessary to realize the multi-win situation in the industry chain.
Starbucks coffee innovation industrial park, or the future of China’s coffee to the world “an important lesson”.

Translated with DeepL

NIO has just had a completely different launch event. And it almost represents a turning point for NIO Motors.
Because at the end of the NIO Technology Day. For the first time, we talked about full-stack technology in its entirety!
NIO Motors has always been known for its brand, users and service. Unexpectedly, it showed its hardcore technological prowess.
“CTO” and “Head of R&D” – Li Bin. First of all, he explained the technical framework of NIO. The biggest highlights are the self-developed LIDAR chip and vehicle-wide operating system.
Then Ren Shaoqing, an AI expert, made his debut at NIO. He talked about intelligent driving.
Of course. The most controversial. Li Bin finally pulled out the “NIO Phone”. The entry model costs 6,499 yuan. More expensive than the latest iPhone 15.

What were the highlights of NIO Tech Day?
How NIO is building a phone for cars?
NIO’s full technology stack was revealed for the first time.
The “NIO Technology Stack” includes 12 technology areas, including chips and in-vehicle intelligent hardware, battery systems, electric drive systems, vehicle engineering, operating systems, mobile connectivity, smart driving, smart cockpit, smart energy, smart manufacturing, artificial intelligence, and global digital operations.

Full Stack Technology Architecture
There are several newly released technologies and products.
First of all, there is the aspect of intelligentization. First, let’s take a look at the hardware. NIO released its first self-developed chip product, the LIDAR main control chip “Yang Jian”, which was officially unveiled. It can provide better support for complex scenes.
Li Bin said this is the first time to run through the process after the chip team was formed. It’s a trial run. It mainly introduces the performance and functions.
In terms of performance. Yang Jian” chip has an 8-core 64-bit processor. It’s more powerful. And it is equipped with an 8-channel 9bit ADC with a sampling rate of 1GHz, which can efficiently capture the raw data from the LIDAR sensor. It will also reduce the power consumption of LiDAR by 50%.

Performance supports functionality. By optimizing the latency of the point cloud processing. Yang Jian” chip can respond faster. The point cloud processing speed is 8m point/s. It can receive raw data and point cloud data simultaneously. It provides better closed-loop iteration for the whole system.
At the same time, it improves the accuracy and reliability of the sensing system. Provides LIDAR with “120 degrees horizontal and 9.6 degrees vertical ROI coverage and 8 echoes processing capability”. Supports more complex driving scenarios. Mass production will begin in October.
In addition, NIO also released ADAM CCC, a cross-domain converged supercomputing cluster, which can realize the sharing of computing power for intelligent driving, intelligent cockpit and vehicle control.

Then on the software side. This time, the release of the vehicle-wide operating system Sky OS.

NIO Link is a “car-centric” connectivity technology. It enables cross-domain power scheduling. Primarily for the car. Enhances the car experience with digital car keys, parking and cabin control.
It’s not just a prelude to NIO’s cell phone launch. It’s not just for NIO’s mobile phone. It’s also for connecting with wearable devices, power stations and charging stations.
With the vehicle-wide operating system and interconnection technology. After completing the closed loop of data, NIO has started to build its own ecosystem. More than 40 apps have been installed in NIO’s app store. The car phone will be updated synchronously.

Li Bin introduced it as “the first vehicle-wide operating system for intelligent electric vehicles developed and released by an automobile company in the industry”. The advantage of this is that it can better integrate all kinds of equipment in the whole car. Efficient and collaborative work.
The full-featured production of SkyOS will be realized on the NT3 platform.
Sky OS strengthens the connection between all parts of the car. The interaction between the car and external devices is enhanced by NIO’s NIO Link.

In terms of intelligent driving, NIO announced that it will provide NOP+ service with enhanced navigation assistance by route from October. NIO announced that from October, it will provide NOP+ service to provide point-to-point intelligent driving experience for users in all areas.
NIO will open the NIO user’s navigation route wish list through its app. Combined with its own operation and road conditions. Gradually open the wish routes for the users.
After the user’s wish route is opened. They will be able to use the NOP+ Enhanced Pilotage Service in the city on the road. They can then share the routes of other users in any town or city. A “network of routes” is realized.

NIO summarizes that it has established a full-stack technology capability of end-cloud integration in intelligent driving. Unifying scenarios. Functional unification and unification with and without map.
In terms of electrification, NIO introduced that it is currently developing a 900V high-performance electric drive platform. NIO plans to establish 4,000 power exchange stations worldwide by 2025. NIO plans to set up 4,000 stations worldwide by 2025, with 90% of them covering China’s power districts. NIO plans to establish 4,000 stations worldwide by 2025, including 90% coverage of China’s power district housing, and to connect the power exchange network to the highways of 19 major cities.
NIO plans to build industrial system digitization and business system digitization capabilities. 80% of manufacturing will be handed over to AI-assisted decision-making in 2025. Improve efficiency.
Why is the NIO Phone more expensive than an iPhone?
A cell phone made by a car factory. Does that make sense?
Especially. NIO also made a price of 7000. Starting price is more expensive than Apple’s latest iPhone 15 phone.

Bingo said it. It makes sense!
It’s a phone made for NIO cars!

Specific features. Based on NIO LinkNIO panoramic connectivity technology. Integrates cell phones with smart electric cars. Equipped with UWB ultra-wideband technology. Completely replaces the car key. And supports 48 hours electroless locking.
On the left side of the body there is a NIO first NIO Link car control key. 30 driver connected functions are directly accessible in one click. For example, it can quickly check the vehicle status and parking position. Unlocking and unlocking the vehicle. Window down and up. Trunk opening. Air conditioning remote adjustment and so on.
Even in the absence of cell phone network can also be unlocked, open the trunk, flashing lights and sirens, vehicle summoning, remote control parking and other functions.
One more word about UWB technology.

The last debut. It is Apple’s AirTag. This is a wireless carrier communication technology. It doesn’t use sinusoidal carriers. Instead, it utilizes narrow, non-sinusoidal pulses of nanosecond magnitude to transmit data. So it occupies a wide spectrum. Low system complexity. Low power spectral density of the transmitted signal. Insensitive to channel fading. Low interception capability. Advantages such as high positioning accuracy.
Generally used in indoor positioning system. NIO Phone using UWB. can be in the huge complex parking lot. You can quickly find your car in a large and complex parking lot.
Even. With NIO’s NAD Autopilot. It is not difficult to let the car drive itself out to find the owner of the car with NIO Phone. It’s not difficult.
At the level of intelligent cockpit, NIO Phone is connected with the car. It realizes the integration of application ecosystem.

This is actually very crucial for the intelligent cockpit. The common pain point in the industry is. Automotive cockpit chips. Need to cooperate with three-party app developers to adapt one by one. So it’s embarrassing. We have a car phone. Not many apps. And no updates.
BYD’s solution. It doesn’t use a car chip. Dislikes a cell phone chip. Make it an Android virtual machine. Ecological openness. But this will inevitably bring concerns about the safety of automobile functions.
The significance of NIO Phone. In addition to allowing users to realize a variety of cool car control and entertainment functions. The more critical role. It will probably provide the technological foundation for the next generation of active and interactive intelligent cockpits.
Configuration. The chip is Qualcomm’s second-generation Snapdragon 8 Advanced. Up to 16GB+1T RAM and storage combination; equipped with 2K resolution 6.81-inch curved screen. Support 1-120Hz variable refresh rate.
The main camera, ultra wide-angle and periscope telephoto are all 50MP.

Packed with 5200mAh battery. Provides flagship long battery life. Supports 66W wired 50W wireless flash charging. And special matching NIO wireless car charger.
Provides ultra-large ultrasonic fingerprint.3D fingerprint recognition. 3D fingerprint recognition.
There are also 10W wireless reverse charging, IP68 waterproof and other flagship features.
It’s a lot of material. But the most important thing. But the most important thing is to use the phone to get a better car experience.
It can be understood that NIO is starting from the car. NIO started from the car to the entire digital intelligence ecosystem. Now it’s cell phones. In the future, there may be tablets, watches, home appliances and so on.
With this combination, NIO car owners will be completely “tied” to their own ecosystem.
“Once used, it’s hard to return”.
It’s the opposite of Xiaomi. People are based on the ecology to build cars. Bin is building an ecosystem based on cars.
We’ll wait for Lei Jun’s car launch next year. How to “respond”.
NIO Turning Point
NIO Technology Day. Two completely different fundamentals.
The most important one. The most important is of course the first time NIO fully unveiled its full range of technologies and self-developed capabilities.
This is the first time that NIO has clearly demonstrated its technological capabilities outside of the “service-oriented, user-driven” car company. It is the first time that NIO has clearly demonstrated its technological strength. It’s one more technology label that the new force should have.
One more thing. This Technology Day. It was also the first time that Ren Shaoqing, NIO’s Assistant Vice President of Intelligent Driving, made a public appearance.

NIO has always been known as a user-driven company. What’s less well known is that it has a real AI scientist in Ren Shaoqing.
He is the author of the famous ResNet – one of the most widely cited papers and algorithms in the AI era. It’s him.
And from the information that’s been made public. It’s also clear where NIO’s “skill sets” lie: electrical and electronic architecture, platformized technology modules. And AI capabilities.
These capabilities. Standing firmly in the first echelon of autonomy. There is even the possibility of exporting them in the future.
The second fundamental. NIO is gradually breaking through the model of “selling cars”. It’s starting to move towards a large technology product ecosystem.

These two points. These two points can be seen as different turning points in the direction of NIO’s future development.
One is the sinking market. NIO through the modularization of the platform. NIO through the modularization of platforms and the construction of AI technology base capabilities. NIO through the platform modularization and AI technology base capacity building for the future of the Alpine, Firefly and other mass-market models. Provides a richer, customizable technology reserves.
The ecological level of the turn. The ecological level of the turn is the future development of the brand NIO a direction – from selling cars. To selling a lifestyle.
Or a style of taste and identity.
One is down-to-earth. The other is looking up at the moon.
Of course. Li Bin and NIO . With this complete release. The most questioned question has been explained to the public.
Why does NIO burn so much money? Why does it continue to lose money? Does it have a future?
Li Bin’s response is simple and straightforward.
First. R&D is an investment in the future. It can’t be considered burning money. It will pay off.
Second. It’s a big investment in the short term. It’s a loss. But in the long run. It’s all necessary to build barriers and moats. Need to be more long-term oriented.
Third. Stop losing money and start making money. It will be based on the systematization and scaling effect of these technology R&D investments.
At the NIO launch event. Li Bin also talked about Huawei and Hesi’s R&D investment for more than a decade. Inside and outside the words. Li Bin’s meaning is very clear.
I’m with Point. Continuous investment in technology will continue.

There’s a super ingredient that It’s in every kitchen. It’s cheap. You can buy it all year round. The nutritional value is far beyond our imagination. It’s the egg.

But there is a lot of controversy about eggs. Some people say that egg yolks are high in cholesterol. Eating too much will lead to high cholesterol, high blood fat. Eat only one a day; Others say that eating too many eggs will get gallstones and so on.
So, should we eat eggs or not?
How many are the healthiest to eat a day?
Eating too many eggs will lead to high cholesterol and high blood fat?

First of all, the conclusion: normal healthy people do not need to worry too much about eating too many eggs will lead to high cholesterol.
First of all, the two main harmful factors in the daily diet that affect blood lipid levels are saturated fatty acids and trans fatty acids. It is true that eggs are not low in fat, but they are not high in saturated fat and have lecithin, which is beneficial for regulating blood lipid levels.
Secondly, as for the high cholesterol content in eggs, there is actually no need to worry too much. This is because about 70% of the cholesterol in the human body comes from self-synthesis, and food intake of cholesterol only accounts for a small portion. Moreover, the normal human body for cholesterol level has a relatively intelligent regulatory mechanism, once the intake of cholesterol increases, the body will synthesize cholesterol will be appropriately reduced.
That is to say, even if the cholesterol content of eggs is high, as long as the body’s lipid metabolism is normal, the cholesterol that is eaten will not affect blood lipids.
In addition, a large study shows that eating one egg a day can help reduce the risk of cardiovascular disease and death. Another study has also shown that consuming up to 3 eggs per day is beneficial for lipid health by lowering LDL cholesterol (bad cholesterol) levels in healthy young people.

Speaking of which, many people may ask, eggs should still be eaten in limited quantities, right? Can you still eat eggs if you already have chronic diseases such as high blood cholesterol and high blood pressure?
1. Normal adults, it is recommended to eat 1 egg (including egg yolk) per day
First of all, normal adults should consume 280 to 350 grams of eggs per week, which is about 6 to 7 eggs per week, or 1 egg per day, based on 50 to 60 grams of an egg.

2. And then from the perspective of cholesterol, which we are all worried about, to look at the authority recommended intake, the recommended daily cholesterol intake for adults should be no more than 300 mg. The cholesterol content of an egg is about 200 mg. Considering that other foods in the daily diet also provide a certain amount of cholesterol, eating 1 egg a day is also appropriate for adults.
3. During pregnancy, breastfeeding, adolescent students, fitness gainers and those recovering from serious illnesses, it is recommended to eat up to 3 eggs a day.
For pregnant and breastfeeding women, as well as adolescent high school students, fitness gainers and people recovering from major illnesses, their need for quality protein tends to be greater than that of the general population, and using eggs as a source of supplemental high-quality protein is a good way to go.
If the proportion of animal food in the daily diet is not large, as long as you pay attention to the way the eggs are cooked, take steaming, boiling and other less oil and no oil way, eat 2 to 3 eggs a day is not a big problem.
Of course, if the daily diet already has enough milk, meat, fish, soy and other foods, it is not recommended to increase the intake of eggs, still maintain 1 egg a day can be.
4. People with high blood lipids, should pay attention to control the total fat intake, of which eggs are recommended to be no more than 1 a day, no more than 5 a week.
For high blood fat people, their lipid metabolism has been a problem, for food sources of cholesterol and the body’s self-synthesis of cholesterol regulation ability than normal people, so for cholesterol intake to be extra sensitive.
5. Obese people should pay attention to the control of total dietary intake, including eggs.
For people with obesity problems, it is necessary to control the intake of dietary calories and fat. Although the fat composition of eggs is not too much saturated fat, it is still not recommended to eat too much.
However, the results of this study are recommended to be taken scientifically as well. On the one hand, eating a few eggs is related to the dietary structure of obese people. Some of the friends in the weight loss period, on the basis of a light diet, with steamed, boiled eggs to provide high-quality protein, minerals, a large number of fresh fruits and vegetables, mixed grains to provide vitamins, minerals, dietary fiber, carbohydrates, as a weight loss diet with the way, is also possible.
On the other hand, eating a few eggs is related to the lipid levels of obese people. If obesity is accompanied by high blood lipid levels, then it is also important to follow the aforementioned recommendation to consume up to 1 egg per day. You can choose other foods to supplement high-quality protein, such as low-fat skim milk, soy, low-fat lean meat, etc..

This paper is a recommendation based on the open literature and is intended to be used as a reference only.

Made in China is present in every corner of Africa, from trains to cell phones to motorcycles to clothes, and now even handbags are catching the non-drifting wave.

In Tanzania and Kenya, Chinese handbags are found all over the streets, which make Chinese people who are new to the country feel very friendly.
Red Bull, Lulu, Cerebral Platinum, Six Walnuts, Want Want, and many others are well-known. Want Want”, famous and unknown trademarks can be found here, and the Tanzanian people in the market have a handful of them, colorful and mixed with black, so people are dazzled.

Those words and logos that are household names in the country appeared on the handbags and were carried by their black friends on the streets.
If the flight jet lag hasn’t been reversed at this moment, you might mistake yourself for still being at Guangzhou Baiyun Airport.

Chinese handbags have become the standard shopping bag in Africa.
There are Chinese handbags of all colors, probably because they are closer to the equator, and black people are especially fond of the highly saturated color handbags, which have a radiant visual effect under the hot sun.
It’s no exaggeration to say that you can make a rainbow out of Chinese handbags on the streets of Africa.

The bright and vibrant colors combined with the puzzling Chinese characters on them reveal a mysterious air of oriental aesthetics, just like the preference of some Chinese for clothes with English letters printed on them in earlier years.

It’s hard to believe that domestic bags have risen to prominence overseas in this way, with handbags printed with Chinese characters even becoming a standard for some fashionistas to wear.

Eladius, who lives in Dar es Salaam, Tanzania’s largest city, runs a hardware store and deals with Chinese businessmen all year round, and has tattooed a Chinese character – “Shuai” – on his hand, and is known as Little African Shuai.

He has three big boxes of Chinese handbags at home, some of which he bought and some of which were given to him by his Chinese friends, ranging from “Hengshui Laobaijian” to “Men’s Health Hospital,” covering a wide range of industries in China.

Of all the bags, his favorites are “Gadobao” and “Wanglaoji,” of which he has more than a dozen at home, and sometimes he can’t tell the difference between the two brands.

Every day he carefully chooses what to wear when he goes out, and which color bag goes with which pair of pants, after a lot of careful deliberation.

On a domestic travel forum, a backpacker from Guangxi sincerely asked why there are so many Gadobao and Wanglaoji bags in Tanzania.
“Do you dare to believe that the commercial war between Gadobao and Wang Lao Ji has reached Africa?”
Immediately after that, someone posted a picture of Woqi Zheng herbal tea, “Maybe our black friends are more afraid of fire?”

The truth is that handbags are graded in Africa just like matsutake mushrooms.
The brighter the color, such as red, the more popular and expensive they are.
Unlike in China, where the bags go unnoticed, most of the bags that come into Africa are labeled as noble.
In Kenya, a bag can be sold for as much as 500 shillings, which is equivalent to 1.4 yuan. People don’t just give away handbags with Chinese characters on them because they have to be bought with money.

More than one netizen slapped his thighs after learning about this source of wealth.
“I really did not think that domestic bags are so popular in Africa, the streets are full of selling domestic bags, looking at these various handbags, and then think of every time I threw into the trash can is really a big loss, I should have known that they are all saved up and exported to Africa.”

In Africa, selling non-woven handbags is a sought-after business.
In the food market in Dar es Salaam, Tanzania, you can often come across people carrying a bunch of handbags, without them, you can’t even carry home ten potatoes when you go to the market empty-handed.
Vendors selling handbags know very well that in order to be competitive in the market, they have to go to the Chinese to get the goods, because Chinese handbags are cheap and reliable in terms of quality.

As Rwanda, Tanzania, Kenya and several other countries have introduced policies to ban single-use plastic bags, handbags have become a hot necessity.
Chinese businessmen who have a lot of money have long been aiming at this blue ocean, and have seized the opportunity to sell handbags from China to Africa.

Africa leads the world in plastic bag bans, with 34 out of 55 countries (nearly 62%) now banning or taxing single-use plastic bags. According to National Geographic, 31 of these countries are in sub-Saharan Africa – the poorest region in the world.
Hassani, who carries a “Manling Porridge Shop” bag on the street, sells coffins in the Kenyan capital Nairobi, and every time he sells coffins, he puts the money into the “Manling Porridge Shop” bag and then takes it to the bank to store it.
Neighbors ask him why he doesn’t put the money in his wallet, but he says it’s called “darkness under the lights”, and that no one would steal a handbag with Chinese characters on it because they’re all over the street.

He’s been stopped many times for this bag by Chinese people with cameras, who he describes as being as excited as if they’ve never seen the world.
He’s also asked questions like whether he likes China or not, and he’s had to lie about it for the cameras, but he actually chose this bag simply because it’s common and sturdy.

In Africa, the presence of Chinese characters on a handbag is the equivalent of a certification of sturdiness and durability.
Some people can’t read, but when they can vaguely sense a graphic resembling a Chinese character appearing on a tote bag, it’s the right thing to buy.

Xiao Shuai has a tote bag that says “Original Wine” on it, and it’s been with him for eight summers. Every time he goes swimming in the river, he throws his swim trunks and towel into the bag.
Xiao Shuai says that since the ban on plastic bags, the river has become much cleaner, and he doesn’t get slapped in the face by a plastic bag floating in the water.

Hassani, a coffin seller, says Kenyans are the biggest beneficiaries of the plastic ban, with the infamous “flying toilets” popular in the Kenyan capital Nairobi in the past, where people used to defecate directly in plastic bags, tying them up and tossing them around after pooping.
The Guardian reported in April 2018, local residents reflected, after the implementation of the strictest ban on plastic, “flying toilet” behavior basically disappeared, more people chose to pay for public toilets in the community, after all, these 5 shillings a time or 100 shillings a month of family services, than the use of plastic bags to accept the fine is much less.
He patted the Manling Congee Shop tote bag in his hand, which now costs money and no one would want to carry shit in it.

On September 18th, due to unlicensed operation, Hong Kong virtual asset platform JPEX announced that it would take down all transactions on its finance page from the 18th.

According to the South +, the Hong Kong police Commercial Crime Bureau on the 18th on suspicion of “conspiracy to defraud” arrested six people. As of the 18th, the police have received more than 1400 cases reported, involving about one billion Hong Kong dollars.

The Hong Kong Securities and Futures Commission recently pointed out that none of the entities under the JPEX Group had been licensed by the SFC, and did not apply to the SFC for a license to operate a virtual asset trading platform in Hong Kong, and pointed out that the platform’s promotional practices, there are many suspicious, may be suspected of violating the law. Subsequently, the Hong Kong police also intervened in the investigation and carried out a series of actions.

On the morning of the 18th, the Commercial Crime Bureau of the Hong Kong Police arrested Hong Kong netizen Lin Zuo, who had claimed to have applied to become a partner of JPEX, in Central. The police searched Lam’s office and took away several boxes of evidence, including a batch of cash.

At 4:00 p.m. on September 19, the SFC and the Hong Kong police held a press conference to disclose details of the JPEX case, a virtual asset trading platform that has attracted attention from the outside world, to the media and the public.

So far, regarding the JPEX case, the Hong Kong police have received reports from 1,641 people, involving HK$1.2 billion, and have arrested eight people involved in the case.

Lee Ka-chiu speaks out

The Chief Executive of the Hong Kong SAR, Mr. Lee Ka-chiu, said on the 19th that he was very concerned about the JPEX case, and that the interests of investors should be fully protected, and asked the SFC and the police to hold a press conference this afternoon to introduce the situation.

On the development of virtual assets, Li Jiachao said, the SAR Government’s policy is, first, the need for effective regulatory system to protect investors, second; information distribution needs to be open and transparent; third, the importance of and to promote investor education to ensure that the public fully grasp the risks of the assets and the operation of the situation.

Li Jiachao also said that the JPEX incident reflects the importance of regulation, the importance of investing in a regulated, licensed trading platform, and the importance of personal awareness of virtual assets and risks. The SFC will monitor changes and developments in the market to ensure that investors’ interests are fully protected. The SAR Government will also vigorously promote investor education.

Celebrities were once invited to endorse their advertisements

Now have “cut the seat”

On September 13, the SFC issued an alert stating that it was aware that a virtual asset trading platform called “JPEX” was actively promoting its services and products to the Hong Kong public through social media celebrities and over-the-counter (OTC) virtual asset currency exchangers.

Last year, JPEX sold advertisements on TV, outdoor advertisement spots and light boxes at bus stops, and announced that Chilam Cheung would be its brand ambassador.

Recently, Chilam’s manager told the media on behalf of the public relations company that JPEX had already informed JPEX that it could not use Chilam’s portrait to promote its products without obtaining a license in Hong Kong, and that it would reserve the right to pursue JPEX, and that the advertisement had been taken down online.

Screenshot of the previous advertisement

Artist Chuang Si Min was also accused of making a movie introducing JPEX in mid-July, and also said that she could receive up to 16% return, and the movie has now been put away. When attending an event, she said she was one of the victims and revealed that she had lost a 6-digit investment. She knew that the police and the Securities and Futures Commission had intervened in the incident and were investigating, and was waiting for news at this stage.

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Cindy Chong has filmed herself saying that she would deposit money in JPEX to earn a high interest rate.

Another spokesperson, Chen Zhenjiu, said on social media that he had ended his endorsement at the end of July and was trying to understand the situation, but he still could not contact the relevant people at JPEX, “Other details are being dealt with by the company, and the relevant units are willing to cooperate fully with the relevant units if there is a need for investigation”, and asked JPEX to take down all promotional materials as soon as possible.

Screenshots of previous advertisements

The 34-year-old netizen and actor Lin Zuo publicly said in July this year that he had applied to become a partner of JPEX. However, after JPEX was named by the Hong Kong Securities and Futures Commission, Linzuo quickly cleared his name and claimed that he had also lost a lot of money. He also said that “he, like Chilam Cheung, Chong Sze Man, Chung Pui Sang and other celebrities, had helped promote the platform as a spokesperson and agent, but was by no means a behind-the-scenes participant”. However, he is now suddenly arrested by the Commercial Crime Bureau.

According to the information, Lin Zuo has become a hot topic with his luxurious lifestyle and many scandals. He is not only a well-known online businessman, but also a highly controversial figure who has been called a modern-day “Wei Xiaobao”.

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All transactions on the finance page have been taken down

Since September 13, the Hong Kong Securities and Futures Commission issued the aforementioned warning, the southern financial media reporter noted that JPEX released a number of “special announcements” on its official website to respond to external questions.

JPEX in the 18th release of the latest announcement explains that, due to a series of negative news in the outside world for several days, resulting in the platform cooperated with the third-party market maker maliciously lock funds, limiting the platform’s liquidity, greatly increasing the platform’s daily operating costs, resulting in operational difficulties.

On September 17, JPEX announced on its official website that it “will take down all transactions on the wealth management page from September 18, at which time users will not be able to make any new wealth management orders, while old ongoing wealth management orders will be maintained until the end date of the product in order to receive the proceeds.” Additionally, JPEX revealed that it is “in the process of approaching relevant third-party market makers to resolve the liquidity shortfall at the earliest opportunity.”

Notably, JPEX claimed that in order to protect the rights of its users, it wrote to the SFC again on September 15 to ask for guidance, and JPEX said that the SFC only responded with the following in its reply: “The SFC has referred JPEX’s case to the police and will assist them in their investigation.” (“The SFC has referred JPEX’s case to the Police and will assist the Police in their investigations.”)

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JPEX says the Hong Kong SFC responded to the request for guidelines in this way.

According to its official website, JPEX describes itself as “a licensed and recognized digital asset and virtual currency platform, aiming to provide a safe and reliable international platform for buying and selling cryptocurrencies safely and conveniently in different places.”

In fact, as early as July 2022, JPEX was included in the “Other” category of the “List of Unlicensed Companies and Suspicious Websites” that is regularly updated on the official website of the Hong Kong Securities and Futures Commission (SFC). According to the SFC, the company “appeared” to be offering virtual asset-related products to Hong Kong investors on its website, and called on investors to exercise extreme caution when investing on unregulated platforms.

This incident is also the first time that Hong Kong has taken action against an unlicensed virtual asset platform since the announcement of the implementation of the virtual asset licensing regime.

In June this year, Hong Kong announced the formal implementation of a mandatory licensing regime for virtual assets, and platform operators who are providing or intend to provide virtual asset trading-related services in Hong Kong must apply for a license from the Hong Kong Securities and Futures Commission.

Southern financial media reporter inquired about the Hong Kong SFC website found that as of August 3, only two virtual asset trading platforms were officially licensed by the Hong Kong SFC, respectively, “OSL Digital Securities Limited” and “Hash Blockchain Limited Hash Blockchain Limited”.

Three companies have cooperated with the company and then stopped at once.

Southern financial media reporter noted that the three Hong Kong listed companies were released in 2021, 2022, 2023, announcing that they had plans to cooperate with the company that belongs to the JPEX platform, but then they have announced the cessation of cooperation. One of the fastest, just about a month after the call to stop.

On September 13, after the Hong Kong Securities and Futures Commission (SFC) issued the aforementioned warning, Co-operative Communications Group Limited (01613.HK, hereinafter referred to as “Co-operative Communications”) issued a voluntary announcement on the Hong Kong Stock Exchange, saying that it noticed the warning issued by the SFC on the JPEX platform, and said that the company had not participated in the operation of the JPEX platform in any way.

On September 13, Synergy Communications issued an announcement to clarify its relationship with the JPEX platform.

On June 13 this year, Synergy Communications said in another voluntary announcement that in light of the significant increase in virtual asset-related activities in recent years, the company decided to seize the opportunity to enter into a joint venture to operate a virtual asset trading platform.

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On June 13, Synergy Communications announced that it would engage in virtual asset-related activities.

Synergy Communications announced that Radio World Holding Limited, a direct wholly-owned subsidiary of the company, entered into a subscription and shareholders’ agreement with JPEX Holdings Limited and Phoenix International Group Holdings Limited, which are associated with the JPEX platform, on June 13 to jointly operate the joint venture Jade Power Lab Technology Group Limited (“Jade Power”), in which the three companies hold 51%, 25% and 24% of the shares respectively.

Among them, JPEX will be to Jade Power to provide technical services, in order to settle all the subscription money. Jade Power initial only business is to provide virtual asset trading services in Hong Kong, and has been operating in Hong Kong since May 2023, said “to apply to the Hong Kong Securities and Futures Commission for a license to operate”.

On September 13th, Synergy Communications announced that the agreement had lapsed on June 30th due to the fact that certain conditions precedent to the completion of the agreement had not been completed by June 30th or such other date as may be agreed upon by each of the other parties, implying that the said cooperation had come to an end.

In March 2022, another Hong Kong-listed company, China Skybow Holdings Limited (00428.HK, hereinafter referred to as “China Skybow Holdings”) announced that it had entered into a non-legally binding Memorandum of Understanding (“MOU”) with JPEX, under which JPEX would seek to utilize its AI software trading and arbitrage trading technology to apply to securities trading and other forms of transactions, with the parties aiming to explore investments of up to US$10 million in different areas related to blockchain technology, including, but not limited to, non-homogeneous tokens, marketplace platforms, decentralized autonomous organizations and others.

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On March 21, 2022, China Skybow Holdings announced a Memorandum of Understanding (MOU) for a partnership with JPEX.

However, only about a month later, China Skybow Holdings announced that “this is not the best time to carry out the Proposed Cooperation at this stage. Therefore, the Board of Directors has decided to stop proceeding with the Proposed Cooperation.”

For its part, hmvod video Ltd (08103.HK) announced in May 2022 that it had previously sought to collaborate with a company owned by JPEX in order to provide it with software and systems such as DAPP Wallet and IAIA for processing cryptocurrencies and non-homogenized tokens (NFTs). However, after further consideration, the company decided that it did not need the aforementioned software and systems at this stage, and decided to cancel the memorandum of understanding that it had signed with JPEX in September 2021 to cooperate with the company.

In September 2021, hmvod video Ltd. announced the cessation of its MOU with JPEX.

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Hong Kong’s financial regulators prompted one after another

Recently, two financial regulators, the Hong Kong Monetary Authority (HKMA) and the Hong Kong Securities and Futures Commission (SFC), have issued a series of alerts for investors, reminding them of the misleading statements made by some virtual asset organizations.

Self-proclaimed “bank” “to provide banking services” or suspected of violating the law

On September 15, the Hong Kong Monetary Authority (HKMA) issued a reminder on its official website that it has recently noticed that some virtual asset institutions calling themselves “crypto banks”, “virtual asset banks”, “digital asset banks “, “digital banks” or “digital transaction banks”, etc., or claim to provide “banking services” or “bank accounts”. account”. Some VAs also use the term “deposit” to describe the funds deposited with them by their clients, or advertise “savings schemes” as “low risk” and “high return”. “high return”.

According to the HKMA, these descriptions are misleading.

The HKMA reminds members of the public that non-Hong Kong banks are not regulated by the HKMA and that money deposited with such institutions or platforms is not protected by the Deposit Protection Scheme in Hong Kong.

Under the Banking Ordinance, only licensed banks, restricted licence banks and deposit-taking companies that have been granted a licence to operate by the HKMA are allowed to carry on banking or deposit-taking business in Hong Kong.

Apart from the above institutions recognized by the financial regulators, it is an offence for any person to use the name or title “bank” in connection with the carrying on of business in Hong Kong, or to represent that such person is a bank or is carrying on banking business in Hong Kong. It is also an offence for any person to carry on the business of taking deposits in Hong Kong without authorization, or to invite members of the public to make any deposits.

Beware of the false claims of some trading institutions that they have obtained regulatory licenses

In recent years, virtual assets have gradually developed into a new type of asset class, attracting the attention of investors, and Hong Kong’s financial regulators have gradually strengthened regulation.

Previously, the Hong Kong Securities and Futures Commission (SFC) has issued a reminder that it has recently noticed some unlicensed virtual asset trading platforms falsely claiming that they have submitted license applications to the SFC. These false and misleading claims have led the public to believe that the trading platforms are in compliance with the regulatory requirements of the SFC.