上海花千坊爱上海-上海后花园论坛-夜上海龙凤419论坛

BYD’s DM-i hybrid technology is now a household name. Why can it stand out among the hybrid technologies of a large number of automobile brands? As we all know, BYD’s hybrid cars have a history of more than ten years, and as early as 2008, a plug-in version of F3 was introduced. So why does today’s DM-i make BYD’s sales increase greatly, and what is the difference from the early hybrid technology? Let’s analyze it in detail from three aspects: motor, internal combustion engine and hybrid mode.

16,000 rpm motor and blade battery

DM-i is the abbreviation of Dual Mode-Intelligente dual-mode intelligence. Compared with the previous hybrid technology, it pays more attention to the use of motor, which is a hybrid technology of "electricity-oriented", with high-power motor drive, large-capacity battery power supply and internal combustion engine as the supplement, subverting the traditional hybrid "oil-oriented" design, which is a concept that really makes the fuel vehicle transition to new energy. In the past, the plug-in hybrid model was a fuel vehicle because the battery life was too short, and most people rarely charged when driving.

While BYD’s DM-i pays more attention to electrification. The maximum speed of the motor it carries is 16,000 rpm, with the highest efficiency of 97.5%, and the high-efficiency interval with efficiency exceeding 90% reaches 90.3%. Compared with the thermal efficiency of the fuel vehicle of about 40%, the energy utilization rate of the motor is higher. Because the instantaneous torque of BYD’s single permanent magnet synchronous motor exceeds 310Nm, it can completely replace the internal combustion engine, such as Song PLUS DM-i, which accelerates 100 kilometers.

The motor is equipped with a blade motor that has been safely verified in BYD’s pure tram. Combining the thermal stability advantage of lithium iron phosphate battery core, the blade structure makes up for the shortcoming of low energy density in Ferrous lithium phosphate, which achieves ternary lithium energy density and is safer. At present, the blade battery of DM-i has two capacities, of which the 8.3-degree version brings a cruising range of 51 kilometers; The 18.3-degree version brings 110 kilometers of battery life, of which 110 kilometers of battery life is close to Hongguang MINI EV, and commuters in urban areas can drive in pure electric mode.

1.5L hybrid engine with 43% thermal efficiency

After electrification, BYD developed Xiaoyun plug-in hybrid engine specially for hybrid vehicles. Taking the 1.5L self-priming version as an example, the braking thermal efficiency (BTE) is as high as 43%, which is the key to fuel economy. In order to achieve a record thermal efficiency, the engine has several core technologies.

First of all, compared with turbocharging, naturally aspirated air has a lower intake temperature, which can increase the compression ratio of the engine. By using pistons and connecting rods with higher strength, the compression ratio of Xiaoyun engine is as high as 15.5:1, which exceeds Mazda’s famous 14:1 (European version) Chuangchi Blue Sky engine. In the process of supercharging and compression ratio, in order to prevent knocking, the intake valve is opened in advance in the compression process through the variable timing mechanism of intake and exhaust valves, so as to solve the problem of cylinder pressure, make the expansion ratio greater than the compression ratio, and the larger expansion ratio converts more energy from heat to useful mechanical energy, thereby increasing the thermal efficiency.

This fuel-saving method brings the problem of low power density. The torque at low speed is very low. The torque of a turbine engine with the same displacement can reach 300Nm, while the peak torque of this engine is only 135Nm, and it needs to reach 4,500 rpm to explode. It is obviously not enough to drive the whole vehicle alone, but when it is used in a hybrid vehicle, the low speed is completely driven by a motor, so there is no problem of low starting torque.

Another advantage of blending is that the engine parts are electrified, and the traditional front engine parts drive system, such as air conditioning compressor, mechanical vacuum pump and mechanical water pump, is cancelled, which further reduces wear and improves efficiency. Cooperate with variable displacement oil pump to reduce oil resistance during cold start.

Xiaoyun hybrid is the first time BYD has installed split cooling for the engine. By measuring the temperature of cylinder head and cylinder block on demand, accurate cooling effect can be provided to achieve the optimal operating temperature of the engine, especially in winter, which can reduce heat loss, shorten the engine preheating time after cold start by 20% and reduce the fuel consumption of hot cars.

Four completely different driving modes

DM-i is mainly powered by electricity. When the power is sufficient, it is driven by pure electricity in urban areas, especially in traffic jams. The starting torque of the motor is large and it is easy to change lanes and overtake.

In the second case, the power is insufficient, the driving computer automatically switches the HEV series mode, Xiaoyun internal combustion engine enters the power generation mode, and the motor is still responsible for driving.

In the third case, if you are driving on a mountain road or want to experience the abundant hybrid power, you will enter the HEV parallel motion mode at medium and high speed (above 60km/h), and the motor and internal combustion engine will drive the car at the same time.

The fourth is high-speed cruise driving, which is directly driven by a 1.5L internal combustion engine. This is the stage with the highest engine efficiency, just like the 90km/h high-end and low-speed of an ordinary fuel vehicle. Although driving at high speed, the fuel consumption is low.

Car detective’s point of viewByd changed the early hybrid internal combustion engine, and then added the "chicken ribs" of the motor. DM-i started from three aspects: hybrid internal combustion engine, blade battery and high-efficiency motor, and developed a hybrid car from zero, forming a pure electric drive form, without endurance anxiety. Even if the power is fed, the fuel consumption per 100 kilometers is only 4-5L, which really reduces the car cost. What do you think of BYD DM-I technology? Praise, comment and attention are our greatest encouragement, thank you!

　　In the 1970s, the film Hai Xia, which was adapted from the novel Island Women’s Militia by writer Li Ruqing, was finally released nationwide after various twists and turns. The story of Hai Xia, the heroine of the film, and the island women militiamen spread all over the country overnight.The film "Hai Xia" created the artistic peak of China films at that time from the theme to the story, from photography to music. The "Hai Xia Spirit" of "loving the island for martial arts and inspiring dedication" shown in the film has also constantly inspired generations to forge ahead.

China Literature and Art: Salute to Classics

— — The movie Hai Xia.

▲ Cai Ming (Little Hai Xia), Chengsheng Li (photographer),Wang Haowei (director), Wu Haiyan (Haixia)

▲ The main creator of the film "Hai Xia"Accept the tribute from the program group "Salute to Classics"

▲ The main creator of the film "Hai Xia"With vanguard militiawoman company of dongtou.Group photo of representatives of women militia company in Sanya West Island.

　　In 1975, Beijing Film Studio filmed the feature film Hai Xia, which was written by Xie Tieli, directed by Qianjiang, Chen Huaiai and Wang Haowei, and starring Wu Haiyan, Cai Ming, Zhang Liwei, Hong Xuemin, Chen Qiang, Yu Shaokang, Feng Enhe, Bao Gang and Chen Zhijian. Based on the fishermen’s life on Tongxin Island on the southeast coast in the early 1960s, the film shows the growth path of a group of female militia on the island, represented by the protagonist Hai Xia, as well as their fighting life of fishing and defending the country. The film highlights the characteristics of the hero’s clear love and hatred, strong will and clear mind. The film is a blend of stories, characters and island customs, with a fresh and simple style and delicate lyricism. In particular, the episode "Fisherman’s Girl by the Sea" in the film has become a long-lasting classic in the history of China movies.

▲ The movie "Hai Xia"

▲ Military writer Li Yuqing

　　Wang Haowei, one of the co-directors of the film "Hai Xia", recalled in the program: "At that time, when I wanted to shoot this film, I went to the Nanjing Military Region with Xie Tieli and Qianjiang, and found Li Ruqing, the author of the novel" Island Women Militia "to discuss the script. At the same time, I also went to the southeast coastal areas to experience life. Our footprints were all over Jiangsu, Zhejiang and Fujian. We not only learned about the life of fishermen in the southeast coast, but also saw the prototype of Hai Xia — — Wang Yuexia. "

▲ Hai Xia prototype — — Wang Yuexia

　　Just when everything was ready to shoot, director Xie Tieli suddenly received the task of shooting other films, so the director group had to make other adjustments. Finally, it was decided that Qianjiang would be the chief director of the film, and Chen Huaiai and Wang Haowei would jointly direct it.

▲ Director Wang HaoweiGuest "China Literature and Art, Salute to Classics"

▲ Lv Wei sang "Fisherman Girl by the Sea" live.

　　Vanguard militiawoman company of dongtou in Wenzhou, Zhejiang Province is a women’s militia company with a glorious history of 60 years. This women’s militia company was founded in the 1960s. Over the past 60 years, from taking up steel guns to defending their hometown to actively serving local construction, generations of Dongtou female militia have interpreted the "Hai Xia spirit" of "loving the island for martial arts and inspiring dedication" with practical actions, and their deeds have been written into the novel Island Female Militia. The prototype of Hai Xia, the protagonist in the movie Hai Xia, is the first company commander of this women’s militia company — — Wang Yuexia.

　　Nowadays, with the development of the times, the mission of female militia has a new connotation: not only to train and prepare for war, but also to serve local construction and participate in emergency rescue. Nowadays, urban buildings and activity venues named after "Hai Xia" can be seen everywhere in Dongtou. The volunteer organization named after "Mother Hai Xia" is also interpreting "loving the island and advocating martial arts, inspiring dedication" with practical actions.

▲ Training photos of Dongtou Women’s Militia Company in the 1960s

▲ Wang Jiajia, the sixth company commander of vanguard militiawoman company of dongtou.Instructor yang yanhui"Hai Xia Mom" volunteer Wang Yinyu

　　At the scene of the program, Wang Jiajia, the sixth company commander of vanguard militiawoman company of dongtou, Yang Yanhui, the instructor, and Wang Yinyu, the volunteer representative of "Hai Xia Mom", talked about the inheritance of "Hai Xia Spirit" in Dongtou.

　　Talking about the selection of actors for Hai Xia, Director Wang Haowei said: "The selection of actors is very important for the creation of the film. At that time, there was only one shooting opportunity for a script. After shooting, I felt that the actors were not ideal and could not be replaced. If you change actors, you will suffer great losses in manpower, material resources and time. Adult actors were selected from Beijing Film Studio, Beijing People’s Art Theatre, China Youth Art Theatre, General Political Drama Troupe, Haizheng Cultural and Art Troupe, Henan Drama Troupe, Beijing Film Academy and many other art troupes, and invited these actors. "

▲ The movie "Hai Xia"

　　It is even more difficult to choose a child actor for the film. At that time, children’s actors were cut off, and there was no ready-made candidate in the mind of director Wang Haowei. So the director group began to "look for a needle in a haystack" and went to various schools to comb their hair like a comb. This is how Cai Ming was "fished".

▲ Cai Ming plays "Little Hai Xia" in the movie "Hai Xia"

　　Ah Hong’s youngest son Asha was only in the first grade at that time. After class, he ran happily in the yard, made all kinds of faces, and his expression was very rich, so he was taken by the directors. The directors found many children who were suitable for Hai Xia, and dragged them all to the studio with jeeps, and asked director Xie Tieli to have a look. After director Xie Tieli made the final decision, these children entered the film industry.

　　At that time, Cai Ming, who was only 11 years old, was selected by the director to enter the cast of Hai Xia. As a child actor in the cast, Cai Ming bluntly said that she was very obedient, and the words, deeds and professionalism of the teachers in the cast had a subtle influence on her.

▲ Cai Ming plays "Little Hai Xia" in the movie "Hai Xia"

　　Talking about the professionalism of the teachers in the crew, Cai Ming said: "One day we were filming a scene on a reef, and when a dark cloud came up, we couldn’t shoot it. Everyone went to the distance to rest, the camera was in place, and the photographer Uncle Chengsheng Li sat next to the machine, and I sat next to him. At this time, a sea breeze suddenly blew, and the camera fell down. Everyone rushed over and found that the camera had fallen between Uncle Chengsheng Li’s shoulder and the reef. I don’t know how he passed so quickly. When Uncle Chensheng was lifted up, his back was bloody. From that moment on, I knew how a person should treat his work, which inspired me all my life. "

▲ Photographer Chengsheng Li and Hai Xia Jr.Cai Ming is a guest in "China Literature and Art, Salute to Classics"

　　There is an island 8 nautical miles away from downtown Sanya, Hainan, which is a well-known tourist area in Hainan and an important outpost in the South China Sea. There has been a beautiful story of eight sisters guarding the world with one cavity and one blood.

　　The "West Island Women’s Militia Gun Squad" was founded in 1959, when their oldest was 19 years old and the youngest was 17 years old. At that time, it was the story of "eight sisters" who did not let their men "become famous" and won the first place in the competition field, which became a story in the country.

▲ The first generation of eight sisters artillery class

　　In the 1970s, the film Hai Xia, which was adapted from the novel Island Women’s Militia, became popular all over the country, and the "West Island Eight Sisters Artillery Squad" also became a heroic team of "Hai Xia" defending the island. With the passage of time, the "West Island Eight Sisters Artillery Squad" which has gone through more than 60 years has already become an established West Island Women’s Militia Company. The personnel are changing, but the "Hai Xia Spirit" and the unique fine tradition have not changed. Nowadays, women militia companies can be seen everywhere in the West Island. They inherit the "Hai Xia Spirit" with their youth and enthusiasm, and write the Tianya story of the new era.

▲ Members of the first generation of "Eight Sisters Gun Squad"Chen Shenmei, Wang FuhuaZhuang Qiongying, the current company commander of West Island Women’s Militia.Assistant instructor Xie Zeshi

China Literature and Art: Salute to Classics

▲ Director of the Art Committee of China Film Group, national first-class director.　Jiangping

China Literature and Art: Salute to Classics

numerical statement(statistical report forms) is a survey method that provides basic statistical data step by step from top to bottom in accordance with the survey requirements and documents (indicators, table forms, calculation methods, etc.) uniformly stipulated by the state.

　

It is one of the methods for the state to obtain the basic statistical data of the national economy and social development of the whole society on a regular basis. This survey method was formed under the central planning management system in the past, and it still plays a certain role in the regular survey of official statistics. Among them, according to the scope of submission, statistical statements can be divided into comprehensive statements and non-comprehensive statements: comprehensive statements require every unit in the survey object to fill in, while non-comprehensive statements require only some survey units to fill in; According to the submission cycle, statistical reports mainly include monthly reports, quarterly reports and annual reports. Monthly reports are simple and timely, while annual reports are comprehensive.

　

The contents of statistical reports include the following aspects:

　

(one)Table type It is a statistical report form specially designed and formulated by the national statistical department according to the task and purpose of the research, which is used to collect statistical data. It is the main body of the statistical report system.

　

(2)Instructions for filling in the form. It is a regulation on the statistical scope and indicators of statistical tables. Specifically, there are: the scope of reporting, the interpretation of indicators, the classification catalogue, and other relevant provisions.

　

For large-scale and state-owned enterprises, collecting data with statistical reports has the advantages of fast time and low cost; However, for a large number of small, non-state-owned economic units, it is difficult to fully use statistical reports for investigation. Which of the above methods should be adopted specifically depends on the purpose and task of the survey and the characteristics of the respondents.

CCTV News:The National Bureau of Statistics released today (October 9) that since the 18th National Congress of the Communist Party of China, China has made overall plans to promote high-quality development, build a new development pattern, and promote the high-quality development of the "Belt and Road" initiative.

By the end of 2021, China had signed more than 200 cooperation documents with 145 countries and 32 international organizations to jointly build the Belt and Road Initiative.

Substantial progress has been made in the landmark project of "six corridors and six roads, multi-country and multi-port". The whole line of China-Laos Railway was put into operation, and the "two major" highways in the China-Pakistan Economic Corridor were successfully completed and handed over to traffic.

2013— In 2021, the total import and export value of China and countries along the Belt and Road increased from 6.5 trillion yuan to 11.6 trillion yuan, with an average annual growth rate of 7.5%, accounting for 25% of China’s total foreign trade value in the same period; Direct investment in countries along the route totaled 161.3 billion US dollars, with an average annual growth rate of 5.4%. Countries along the route have invested and set up 32,000 enterprises in China, with an actual accumulated investment of 71.2 billion US dollars.

The construction of cooperative parks has developed vigorously. By the end of 2021, overseas economic and trade cooperation zones were distributed in 46 countries, with an accumulated investment of 50.7 billion US dollars and taxes and fees paid to the host country of 6.6 billion US dollars, creating 392,000 local jobs.

The supporting role of multilateral financial cooperation has emerged. As of October 2021, the number of members of the Asian Infrastructure Investment Bank has increased from 57 when it started operation to 104, which is second only to the World Bank.

By the end of 2021, China had established scientific and technological cooperation relations with 84 co-established countries, supported 1,118 joint research projects, and invested a total of 2.99 billion yuan.

　　Domestic gasoline and diesel prices have fully entered the "5 yuan era". On March 20th, employees of a gas station in Xinle City, Hebei Province were refueling. Photo by Jia Minjie (Zhongjing Vision)

　　Influenced by multiple negative factors, international oil prices have plunged in succession in the past half month. The production of shale oil and gas companies with no financing is unsustainable and will usher in a wave of bankruptcy. The imbalance between supply and demand in the market will accelerate the shift of the focus of the international energy map, from the previous supply-side leading to the demand-side leading, that is, the international crude oil market will be transformed from the seller’s market to the buyer’s market.

　　Influenced by multiple negative factors, international oil prices have plunged in succession in the past half month. On March 18th, the New York Mercantile Exchange light crude oil futures for April delivery closed at $20.37 per barrel, while London Brent crude oil futures for May delivery closed at $24.88 per barrel. Compared with the beginning of this year, the prices of West Texas Intermediate crude oil and Brent crude oil both fell by more than 60%. The sharp drop in international oil prices may reshape the international energy landscape and accelerate the restructuring of the international energy landscape.

　　The imbalance between supply and demand of crude oil has intensified.

　　Nowadays, the basic balance between supply and demand to maintain the trend of international oil prices has been broken.

　　Look at the demand first. The COVID-19 epidemic has spread around the world, and many countries and regions have taken "hard core" measures to prevent and control it. A large number of international flights have been grounded, enterprises have stopped production, and global economic activities have slowed down significantly, which has seriously impacted the global oil demand. Analysts of Lyestad Energy Company lamented that the demand for aviation kerosene, gasoline, shipping oil, petrochemical products and power generation oil plummeted at the same time this year, "this is a rare bleak scene".

　　Bank of America predicts that global oil consumption will shrink to more than 500,000 barrels per day in the first half of this year. If the epidemic situation is not controlled, the shrinking demand may continue into the second half of this year. The head of global commodity research at Goldman Sachs Group pessimistically predicted that oil consumption would drop by 8 million barrels per day. The same view is held by Citibank, which predicts that the global oil demand will decrease by 4 million barrels per day in 2020, a record, and the oil demand in the second quarter will shrink to 11 million barrels per day.

　　Look at the supply. On March 6th, after the OPEC+Ministerial Meeting’s talks on production reduction broke down, Saudi Arabia announced that it would start to increase production substantially, and planned to increase production to 12 million barrels to 12.5 million barrels per day. Russia plans to increase production to 11 million barrels to 11.5 million barrels per day. In order to seize market share, Iraq, Nigeria, United Arab Emirates, Kuwait and other countries have also announced to join the army of increasing production.

　　On the one hand, demand has shrunk dramatically, on the other hand, supply has increased dramatically, the relationship between supply and demand has been completely unbalanced, and international oil prices have been diving. Many institutions predict that if the surplus crude oil cannot find a way out, the oil price may drop below $20 per barrel.

　　The imbalance between supply and demand in the market will accelerate the shift of the focus of the international energy map, from the previous supply-side leading to the demand-side leading, that is, the international crude oil market will be transformed from the seller’s market to the buyer’s market. Faced with sufficient market supply, major oil importing countries have a greater say. In recent years, the new map of global energy has gradually become clear, and the global consumption increase of oil and gas resources mainly comes from Asian countries such as China, Indian, Japanese and Korean. This round of falling oil prices will prompt emerging economies to play an increasingly important role in the global energy market.

　　Shale enterprises will be affected.

　　The international oil price plummeted, and those high-cost oil producers were the first to be injured, and shale oil and gas enterprises, especially those with small scale and high debt ratio, were the first to bear the brunt. It is estimated that at the current oil price, most shale oil wells drilled in the United States will be unprofitable. Elacott, senior vice president of Wood Mackenzie, an energy consulting company, believes that falling oil prices may trigger a new round of deep adjustment in the industry.

　　It is estimated that the production cost of most American oil and gas enterprises is above $50 per barrel. When the oil price drops to $30/barrel, only a few companies, such as ExxonMobil, Chevron and Western Petroleum, can continue to drill new wells to make profits, and the rest will all lose money. Different from traditional oil and gas, shale enterprises must constantly drill new wells to maintain production, which requires constant additional investment. To this end, a large number of shale oil companies have to raise funds by issuing bonds. Nowadays, the sharp drop in international oil prices has affected investors’ expected returns and spending plans, making it difficult for shale companies to raise funds. Small and medium-sized oil companies in the United States have begun to cut their investments, such as Apache, which has cut 37%, and Devon Energy, which has cut 30%.

　　Fitch Ratings, a rating agency, predicts that from 2020 to 2022, American shale oil and gas companies will have debts of nearly $200 billion due soon. Due to the sharp drop in oil prices, their debt ratings are close to "junk bonds", and the financing costs of shale oil and gas companies will rise sharply. The production of shale companies with no financing is unsustainable, and will usher in a wave of bankruptcy and become the first batch of "killed" enterprises. Norway’s Ruizide Consulting Company predicts that the crude oil production capacity of American shale companies facing bankruptcy this year will reach 2 million barrels per day. During the low oil price period from 2014 to 2016, dozens of shale enterprises in the United States went bankrupt.

　　Some analysts believe that the exit of American shale companies is exactly what Russia and Saudi Arabia want. The talks between Saudi Arabia and Russia collapsed at the OPEC+Energy Ministers’ Meeting in Vienna, and they failed to reach an agreement on reducing production and insuring prices, and then they started a price war. The main reason was that American shale companies squeezed their market share. "Kill one thousand enemies and lose eight hundred." By suppressing American companies in the form of price wars, Saudi Arabia and Russia have paid a great price and suffered great losses. Oil revenue of oil-producing countries depends on oil price and output. Now that the oil price is halved, the output must be doubled before the two phases can be even.

　　Besides, oil production in Russia and Saudi Arabia also faces cost constraints. Compared with American shale companies, Russia has a good resource endowment and its oil production cost is relatively low. Developed oilfield infrastructure and efficient railways and pipelines enable Russian oil giants to operate at a lower cost. According to estimates, Russian oil companies can bear the low oil price of $15/barrel. In other words, before the oil price drops to $15 to $20 per barrel, Russian energy companies can continue to maintain production, but their profits have shrunk dramatically.

　　For Saudi Arabia, the cost of oil exploitation is lower, less than $3 per barrel. However, in order to maintain the normal operation of the national economy, other costs attached to oil prices are quite high. Saudi Arabia’s national finance mainly relies on oil revenue to maintain the government’s fiscal balance, so it usually needs a high oil price of $80/barrel to support it. Saudi Arabia’s current account is very sensitive to oil price fluctuations, and it is difficult to withstand long-term price wars.

　　Overall beneficial to economic development

　　The sharp drop in international oil prices is indeed a big plus for China as a whole. As the largest net oil importer, the price of crude oil has fallen sharply, which is conducive to China’s significant reduction in crude oil import expenses.

　　Last year, China imported more than 500 million tons of crude oil, with a daily average of 10 million barrels, an increase of 9.5% over the previous year, and the import expenditure was about 166.3 billion US dollars. Now, falling oil prices will save China a lot of money and increase its current account surplus. Ordinary people have already felt the benefits of low oil prices. Recently, China’s refined oil prices have been lowered into the "5 yuan era", and motorists can fill up a tank of oil with less money. As the blood of modern economy, the decline in energy prices is conducive to reducing transportation costs, stabilizing prices, lowering the high CPI index, and providing more space for China’s macroeconomic regulation and control.

　　On international occasions, the decline in international oil prices is also conducive to China’s expansion of "oil diplomacy" space and provides opportunities for the development of "PetroRMB". Yujun Feng, vice president of the Institute of International Studies of Fudan University, believes that when the international oil market is oversupply and the price is low, China can learn from the experience of the European Union, and modify the clauses in the natural gas trade agreements with Russia, Turkmenistan and Myanmar that are linked to oil prices and pay according to demand, so as to safeguard our interests to the maximum extent. At the moment when "the market is king", major oil and gas producers are eager to compete for China’s market share. China can further increase the diversification of oil and gas imports and urge relevant energy suppliers to provide me with more favorable export prices and other conditions. When the international oil price falls into the era of low price, the "Petrodollar" in the financial market will drop sharply, and the oil transaction will tilt towards the buyer’s market, which is conducive to the internationalization of RMB and provides a rare opportunity for the rise of "PetroRMB".

　　However, the sharp drop in international oil prices will also bring a wave of impact to China’s energy industry. China is also a big oil producer, with an oil output of 190 million tons last year. Low oil prices will make domestic oil fields fall into losses and bring cold winter to local oil producers. Chinese-funded enterprises’ overseas oilfield investment will also be adversely affected.

　　The impact on the new energy industry should not be underestimated. Compared with the oil price of $30/barrel, new energy sources such as solar energy and wind energy will be less competitive in the power generation market, which is directly related to the survival of a large number of new energy enterprises and affects the healthy development of the national new energy industry. The spillover effect of low oil prices will also affect new energy vehicles. A joint study by the University of Chicago and the Massachusetts Institute of Technology shows that before the breakthrough of battery technology, the oil price of $50/barrel will make the development of electric vehicles difficult. Today’s oil price of less than $30/barrel will undoubtedly affect the development of new energy vehicles.

Weilai’s power exchange mode is another way for new energy vehicles to replenish energy, and the benefits of this method are obvious, which is as fast as that of fuel vehicles, which is incomparable to charging.

There are always people who say that when the solid-state battery comes out, the battery changing mode will be eliminated. In fact, this is a wrong statement.

No matter what kind of battery it is, the charging time can’t be faster than the battery changing time. It only takes 2~3 minutes to change the battery, and it takes half an hour at the earliest to fully charge the power battery, even if it is overcharged.

In terms of efficiency, the advantages of power exchange are obvious.

At present, the total number of new energy vehicles is 24.72 million (by the end of June 2024), of which 18.134 million are pure electric vehicles, accounting for 73.4%.

The total number of cars in China is 336 million. If the number of new energy vehicles continues to rise in the future, reaching 100-300 million, how to solve the problem of charging (recharging)?

For plug-in hybrid vehicles and extended-range electric vehicles, because there is no endurance anxiety, the demand for charging is not that strong, and these two new energy vehicles certainly cannot change their electricity.

Only pure electric vehicles have endurance anxiety, and the power exchange is mainly aimed at pure electric vehicles.

Nowadays, many people don’t have their own independent garage and can’t install charging piles, which limits their motivation to buy pure electric vehicles. These people either buy oil cars or plug-in hybrid cars.

Oil vehicles will be eliminated in the future, and the probability of plug-in hybrid vehicles is also transitional. Pure electric vehicles must solve the problem of endurance anxiety and the charging time. If there is an option of changing power, I believe many people will choose it.

If you are in a city, it is no problem to charge a plug-in hybrid car. Even if you don’t have a charging pile, there are charging piles everywhere in the city.

Among new energy vehicles, pure trams account for more than plug-in hybrid vehicles and extended-range vehicles, occupying a dominant position. The number of pure trams has reached 100 million, and charging will be a huge problem, so the significance of changing electricity is reflected.

At present, there are 11.433 million charging piles in China, including 8.104 million private charging piles, most of which are private charging piles, and the number of private charging piles will not be released to charge others, so the number of charging piles will be even less.

The total number of charging piles is less than half of the number of new energy vehicles. Obviously, the construction progress of charging piles is completely inferior to that of new energy vehicles, and this contradiction will exist for a long time.

Conventionally, the number of charging piles should be at least twice as large as that of new energy vehicles, so as to facilitate charging. If the number of new energy vehicles reaches 100 million, such as 300 million, there should be at least 600 million charging piles, which is a terrible number.

If there is the function of changing electricity, it will greatly alleviate the problem of charging new energy vehicles, which is an excellent choice.

At present, most people who buy new energy vehicles have their own charging conditions. How can those who don’t have charging conditions solve their charging needs? I think changing electricity is one way.

You can say that,The more new energy vehicles, the more important it is to change electricity, unless the country can solve the serious shortage of charging piles..

Weilai currently has 2,560 power stations in China, including 860 in expressway service areas. Weilai Automobile plans to build 5,000 power stations in the next few years.

The investment in a power station in Weilai is 1 million to 2 million RMB, and 5,000 power stations need to invest 5 billion to 10 billion RMB. This investment is huge. For an enterprise, it is difficult to invest so many power stations firmly without the endorsement of the state.

I think Weilai’s investment in changing power stations must be supported and acquiesced by the state, which is conducive to the development of the whole industry of new energy vehicles.

Weilai’s investment in building and replacing power stations is huge, with a cumulative loss of 97.01 billion RMB. However, at present, power station replacement is an exclusive business in China, and there is no worry about future profitability.

As long as pure electric vehicles exist, there is no problem in changing power stations.

At present, seven car companies have joined Weilai Power Station and can use Weilai’s power exchange business, namely, Changan, Geely, Jianghuai, Chery, Lotus, Guangzhou Automobile, FAW, Ruilan and Huawei HarmonyOS Zhixing.

The pure electric vehicles produced by these car companies that have joined the power exchange agreement can not only charge, but also exchange electricity. What’s wrong with one more way to replenish energy? This is the reason why consumers buy cars.

At present, the only pure electric vehicle that has no scruples about running long-distance and high-speed is Weilai Automobile, because it can change electricity and does not need to grab charging piles with other vehicles, and the time is fast, which makes many pure electric vehicle owners envy.

Charging piles should be the most common in the future, followed by changing power stations. In the future, there will be more ways to replenish energy. All gas stations may become charging stations or changing power stations, and there will even be private investment in changing power stations in the future.

Power exchange will not be eliminated, on the contrary, it will only become more and more important.

Imposing tariffs on agricultural products imported from the United States has little impact on China.
-Interview with Han Jun, Deputy Director of the Central Agricultural Office and Vice Minister of Agriculture and Rural Affairs.

In view of the hot issues related to agricultural products in Sino-US economic and trade frictions, the reporter recently interviewed Han Jun, deputy director of the Central Agricultural Office and vice minister of agriculture and rural affairs.

China’s agricultural trade has a huge volume and a broad market.

Reporter: Please tell us about the overall situation of Sino-US agricultural trade in recent years. How do you evaluate the development of Sino-US agricultural trade?

Han Jun: Agricultural products trade plays an important role in Sino-US economic and trade relations. China is the world’s largest importer of agricultural products, and the United States is the world’s largest exporter of agricultural products. Strengthening agricultural trade cooperation between China and the United States is conducive to promoting the agricultural development of the two countries.

American agriculture has a high level of modernization and strong competitiveness. Expanding the export of agricultural products to China has always been the focus of the United States to expand overseas markets. Agriculture has always been a core issue in Sino-US economic and trade consultations. In 2017, China imported 24.12 billion US dollars of agricultural products from the United States, accounting for 19.2% of China’s total agricultural products imports; Exports of agricultural products to the United States amounted to $7.73 billion, accounting for 10.2% of China’s total agricultural exports; China’s agricultural trade deficit with the United States reached $16.38 billion.

China and the United States have different endowments of agricultural resources, and the trade of agricultural products is highly complementary. The advantages of land-intensive agricultural products in the United States are outstanding, while the advantages of labor-intensive agricultural products in China are obvious. In 2017, China mainly imported soybeans (US$ 13.95 billion), livestock products (US$ 2.92 billion) and cereals (US$ 1.51 billion) from the United States; China’s agricultural products exported to the United States are mainly aquatic products ($3.22 billion), vegetables ($1.15 billion) and fruits ($770 million).

China will have a huge demand for agricultural products imports in the future. It is China’s established policy to actively expand agricultural products imports, which is a big cake for global agricultural products exporting countries. We hope that Sino-US agricultural trade can develop healthily, and American farmers can share the cake of China’s expansion of agricultural products imports. The United States ignores the consensus reached by both sides and constantly escalates trade frictions. We firmly oppose it. China is unwilling to engage in a trade war with the United States, but in the face of what the United States has done, China has to introduce necessary countermeasures. If a trade war breaks out between China and the United States, many countries are willing and fully capable of replacing the market share of American agricultural products in China. I have noticed that the American agricultural community is deeply worried about this and hopes to resolve the trade differences between the two countries through negotiations.

China is fully capable of coping with the gap in the reduction of soybean imports in the United States.

Reporter: In response to the economic and trade frictions provoked by the United States, China has taken different measures against some agricultural products imported from the United States. What is the specific situation? Why do you take these measures?

Han Jun: Under the strong leadership of the CPC Central Committee, we resolutely safeguard the core interests of the country, rationally handle Sino-US economic and trade issues, and have to take necessary countermeasures in the agricultural field. So far, China has published two lists of tariffs on goods imported from the United States. Regarding the first batch, China issued an announcement to impose a 25% tariff on US$ 50 billion goods, including US$ 34 billion goods including agricultural products, which will be taxed from July 6, 2018, and the remaining US$ 16 billion goods will be taxed simultaneously with the US. The tax involved 517 agricultural products. In 2017, the total import from the United States was about 21 billion US dollars, mainly including soybeans, grains, cotton, meat, aquatic products, dairy products, fruits, nuts, whisky and tobacco. Regarding the second batch, China has decided to impose tariffs on about $60 billion of products imported from the United States at four different tax rates: 25%, 20%, 10% and 5%. The second batch of goods on the US tax list involves 387 agricultural products. In 2017, the total import from the US was about US$ 2.9 billion, mainly including hides, vegetable oils, vegetables, coffee and cocoa products, which have covered the vast majority of the first batch of untaxed agricultural products.

At present, the first batch of tax products that China has implemented covers nearly 90% of agricultural products imported from the United States, and agricultural products that the United States exports to China are among them, such as soybeans, grains, cotton, pork and other products. China’s countermeasures were put forward after listening to opinions extensively and carefully evaluating the impact, and they were rational and restrained. As far as China is concerned, the impact of increasing tariffs on agricultural products imported from the United States is very limited because of the diverse import sources and wide import market. In the future, relevant departments will evaluate the effect of countermeasures and strive to minimize the impact of countermeasures on domestic production and life.

Reporter: Among these measures, soybeans are undoubtedly the most concerned. Why has China been importing a large number of American soybeans? Will the soybean import gap caused by countermeasures have a greater impact on China’s edible oil and livestock and poultry breeding industry? What are the countermeasures?

Han Jun: Imported soybeans meet the demand for edible vegetable oil and protein feed. With the improvement of people’s living standards and the development of modern animal husbandry, the demand for edible oil and protein feed in China continues to grow. However, China’s land resources are limited, so it is difficult for us to ensure the basic self-sufficiency of staple foods such as wheat and rice, and at the same time ensure the effective supply of other land-intensive products such as soybeans. At present, the gap between domestic soybean production and demand is more than 90 million tons, which needs to be supplemented by the international market. The United States is the largest soybean producer in the world, with an annual output of more than 100 million tons, but its domestic consumption is limited, and about half of it depends on exporting to the international market.

At present, China’s soybean demand is still increasing, and the trend of large gap between domestic supply and demand will still exist. In 2017, soybean meal accounted for 72.3 million tons of 105 million tons of protein raw materials consumed by feed in China. China takes countermeasures against the United States, and soybean imports from the United States will drop significantly. Some people worry that it may have a certain impact on the supply of edible oil and livestock feed in China in the short term. In order to prevent the linkage effect and increase the pressure of rising domestic food prices, we have made thorough and sufficient preparations. It can be said that China is fully capable of coping with the gap of decreasing soybean imports in the United States. First, actively expand the source of soybean imports; Second, reduce the consumption of soybean meal by adjusting feed formula, reduce the demand for protein raw materials by applying new technology, and increase the import of other oilseeds and meal to make up for the gap of soybean meal; The third is to increase the supply of other edible vegetable oils; The fourth is to improve the soybean support policy and improve the comprehensive production capacity of domestic soybeans.

The impact on American agriculture is predictable.

Reporter: The United States is escalating trade disputes. If the United States insists on imposing tariffs on US$ 200 billion worth of China goods, what does it mean for American agriculture if China strongly opposes it?

Han Jun: My imports from the United States are mainly bulk agricultural products such as soybeans, cotton and pork. On July 6, 2018, the United States announced the implementation of the first round of tariff-added products (US$ 34 billion). As a countermeasure, China imposed a 25% tariff on US$ 34 billion goods, including agricultural products. Affected by the escalation of Sino-US economic and trade frictions, it is foreseeable that American agriculture will be damaged. Although the White House and the Ministry of Agriculture announced that they will implement the agricultural subsidy plan of up to $12 billion, American farmers will still face the risk of losing the China market that they have worked hard for decades.

Soybean is the most important product in Sino-US agricultural trade. In July, the Organization for Economic Cooperation and Development (OECD) predicted that the global soybean supply and demand would be basically balanced in 2018, and the soybean output in the United States would be 117.79 million tons, a decrease of 1.5% over the previous year. From 2015 to 2017, the United States exported 59% of its total soybean exports. Based on this, it is estimated that if there is no trade friction, the US soybean exports to China will be more than 30 million tons in 2018. Since I imposed a 25% tariff on American soybeans on July 6, my company has basically stopped purchasing American soybeans. Beginning in October 2018, American soybeans will be listed one after another, and the impact of China’s tariff increase on imported soybeans from the United States will gradually emerge. The United States will face problems such as falling soybean prices, increasing export pressure, and lengthening export cycle, which will bring losses to American soybean farmers and adversely affect the international trade and industrial development of American soybeans. According to monitoring, since I announced in early April that I intend to impose a 25% tariff on US soybeans, the US soybean futures price has fallen by nearly 20%.

On July 25, 2018, President Trump met with European Commission President Juncker, and a joint statement issued after the meeting stated that the EU agreed to import more American soybeans. In 2017, the EU-28 countries estimated that soybean imports were 13.65 million tons. From 2012 to 2016, the EU imported only 5.5 million tons of soybeans from the United States. According to the forecast of the Organization for Economic Cooperation and Development, the European Union’s soybean imports will be between 13 million tons and 14 million tons in the next 10 years. It is impossible for EU soybeans to be all imported from the United States, even if they are all imported from the United States, it will not solve the problem of tens of millions of tons of American soybeans that should have entered the China market.

The hearing held by the U.S. House of Representatives on July 19 also reflected the concern of people from all walks of life in American agriculture about losing market share. American soybean, grain, dairy products, meat, aquatic products, fruits and nuts have been operating in China for many years before gaining market share in China. The competition in China’s agricultural products market is fierce. If Sino-US economic and trade frictions escalate, American agricultural products will face higher costs in the China market, and their market share will be greatly weakened. Other competitors will not miss the opportunity and will occupy all the market share lost by the United States. If other countries become reliable suppliers to China, it will be difficult for the United States to regain the market. This is exactly what the American agricultural community is most worried about. They don’t want the long-term income to be affected by tariffs.

Actively, steadily and orderly expand agricultural opening to the outside world

Reporter: What is the impact of tariffs imposed by the United States and Canada on China’s agricultural products exported to the United States? How to deal with it?

Han Jun: The catalogue of the first round of products subject to tariff increase (US$ 34 billion) announced by the US on July 6th does not include the agricultural products exported by China. The catalogue of the products subject to the second round of tariff increase (US$ 200 billion) announced by the US on July 10th includes most of our aquatic products and fruit and vegetable products exported to the US.

In terms of aquatic products, the United States is my second largest aquatic product export market. In 2017, my aquatic products exported to the United States accounted for 12.8% and 15.2% of my total aquatic products exports respectively. Aquatic products are the main agricultural products exported to the United States, accounting for 42% of the total agricultural products exported to the United States. The US$ 200 billion commodity list covers all my aquatic products exported to the US. These products are exported to the United States with a high degree of dependence, especially tilapia, shrimp, crab, shellfish and other products. It is difficult to find other alternative markets in the short term and may be affected to some extent. In the next step, the Ministry of Agriculture and Rural Affairs, together with relevant departments, will guide relevant producers to actively explore international alternative markets, strengthen efforts to crack down on smuggling, guide and adjust the structure of breeding varieties, facilitate domestic circulation and sales, expand domestic consumption, and minimize the impact.

In terms of fruit and vegetable products, the United States is the fifth largest vegetable export market and the third largest fruit export market. There are more than 200 kinds of fruit and vegetable products in the list of tariff increase announced by the United States, covering 93% of vegetable products and 99% of fruit products exported to the United States. It is expected that taxation will have a certain impact on the income and employment of relevant fruit farmers and vegetable farmers. However, considering the strong absorption capacity of domestic consumption and the generally lower prices of domestic fruit and vegetable products this year, the actual impact of the US-Canada tariff on the export of our fruit and vegetable products remains to be seen. Next, we will improve the quality of fruit and vegetable products from the production side, enhance market competitiveness and expand the domestic consumer market; At the same time, actively expand the export channels of agricultural products, increase the export promotion of advantageous agricultural products such as fruit and vegetable products, and minimize dependence on the American market.

Reporter: Will China’s agricultural opening-up policy be adjusted in the future?

Han Jun: It has always been the basic policy of China’s agriculture to actively utilize domestic and international resources and markets. China’s agricultural trade is huge, and it has become the world’s largest importer of agricultural products and the second largest trader of agricultural products. At present, China is the largest buyer of agricultural products such as soybeans, sugar and cotton. The development of agricultural products trade has effectively eased the pressure on domestic agricultural resources and environment, and ensured the stable operation of domestic supply and market. At present, the main contradiction of China’s agricultural development has changed from insufficient aggregate to structural contradiction, and it is necessary to accelerate the structural reform of agricultural supply side in deepening reform and expanding opening up. In the future, those who export should try their best to export and those who import should take the initiative to import, which is our clear policy orientation. Agricultural opening to the outside world is the general trend and the correct choice in line with China’s agricultural development direction. We will actively, steadily and orderly expand agricultural opening to the outside world. (Reporter Qiao Jinliang)

　　On April 8, according to the Economic Development Bureau of Hengqin Guangdong-Macao Deep Cooperation Zone, the inspection and release hall for the on-board personnel of the passenger and truck passage at Hengqin Port will be opened at 15: 00 on April 9. It is understood that the entry-exit passage of the vehicle-mounted personnel inspection and release hall will adopt the "cooperative inspection and one-time release" customs clearance mode, and eight quick inspection passages and three manual inspection passages will be set up respectively to further improve the level of customs clearance convenience.

　　After the opening of the car attendant inspection and release hall, all the car attendants who take less than 9 non-operating minibuses can pass through the customs clearance hall. According to the relevant regulations, children aged 10 or below, elderly aged 70 or above, pregnant women and other China citizens and people with disabilities who need assistance can continue to drive through the entry and exit lanes in non-operating vehicles after the opening of the on-board personnel clearance hall. Other vehicle-borne personnel can walk to the vehicle-borne personnel clearance hall for customs clearance after the vehicle stops at the designated place at the port.

　　It is worth noting that people who use the on-board personnel inspection and release hall should bring their personal luggage and articles through customs. For the owners of Macao pet dogs and cats in the "list of applicable personnel", they can also bring one pet dog and cat that meets the requirements of exemption from inspection at a time with the vehicle, and use the inspection and release hall of the vehicle attendant to clear customs.

On November 30th, with the launch of six power stations,The high-speed power exchange network in Hubei section of G50 Shanghai-Chongqing Expressway was officially opened.. It fills the gap in Qianjiang and Huanggang areas, which can not only meet the urban traffic, but also provide convenience for intercity travel. In addition, there is an overcharge station online.

The Hubei section of G50 Shanghai-Chongqing Expressway has a total length of 700 kilometers, with a total of 10 power exchange stations along the way, starting from Huanggang in the east and passing through Huangshi, Wuhan, Xiantao, Qianjiang, Jingzhou and Yichang in the west to Enshi. It is a traffic trunk line that traverses Hubei and forms a cross-shaped high-speed power exchange network with G4 Hubei section. In the future, based on this, Weilai will continue to lay out other high-speed charging and replacing facilities in Hubei to ensure that users and friends can travel in Hubei without worry.

Weilai Power Station | G50 Shanghai-Chongqing Expressway Gaojiayan Service Area Chongqing Direction

The new station is located in Gaojiayan service area of G50 Shanghai-Chongqing Expressway, about 192 kilometers away from Enshi Tujia and Miao Autonomous Prefecture, and the travel time is about 2 hours and 41 minutes. It is about 181.2 kilometers away from Jingzhou, and the journey time is about 2 hours and 8 minutes. The launch of the station will greatly improve the travel convenience of Wuhan-Chongqing section.

Weilai Power Station | G50 Shanghai-Chongqing Expressway Gaojiayan Service Area

Unique shape, cornices, shaped like Tujia diaojiao building, a building with national characteristics, hidden among thousands of trees and green cages. The new station is located in Gaojiayan service area of G50 Shanghai-Chongqing Expressway, about 376 kilometers away from Wuhan, and the travel time is about 4 hours and 58 minutes, which provides a convenient experience for users who travel long distances on this section!

Weilai Power Station | G50 Shanghai-Chongqing Expressway Qianjiang Ecological Lobster City

The new station is the 26th power station in Hubei and the 671st power station in China. The station is 3.1 kilometers away from the Qianjiang entrance and exit of G50 Shanghai-Chongqing Expressway, and it takes about 7 minutes by car. The launch of the new station fills the gap of power exchange resources in Qianjiang area, and together with 28 other power exchange stations in Hubei area, it will provide matrix energy replenishment services for all friends, starting at any time and place with full power.

Weilai Supercharge Station | G50 Shanghai-Chongqing Expressway Jiangxia Service Area Chongqing Direction

The new station is located in Jiangxia service area of G50 Shanghai-Chongqing Expressway, which is the 27th power exchange station in Hubei. The service area has complete facilities and meets the basic conditions of two-way communication. The launch of this power exchange station will also be more convenient for users and friends to travel between cities.

Weilai Power Station G50 Shanghai-Chongqing Expressway Jiangxia Service Area Shanghai Direction

The new station is the 28th power exchange station in Hubei province and the 673rd power exchange station in China, which can not only provide users and friends who pass through here with a convenient energy-replenishing experience, but also meet their one-stop needs such as rest and dining.

Weilai Power Station | G50 Shanghai-Chongqing Expressway Huangmei Service Area Shanghai direction

The new station is located in Huangmei service area of G50 Shanghai-Chongqing Expressway, at the junction of Hubei, Anhui and Jiangxi provinces, and near the Buddhist holy places of Wuzu and Sizu Temple. Huangmei County is not only the "thoroughfare of seven provinces" and "the gateway to eastern Hubei", but also the birthplace of Zen Buddhism and Huangmei Opera, one of the five major operas in China, and the famous "hometown of picking flowers" in China. Users and friends are welcome to punch in and play.

Weilai Supercharge Station | G50 Shanghai-Chongqing Expressway Qianjiang Ecological Lobster City

Weilai Supercharge Station | G50 Qianjiang Ecological Lobster City of Shanghai-Chongqing Expressway is adjacent to Weilai Power Station, and there are four supercharged piles inside, which will provide a fast and convenient way for all electric vehicles to recharge their energy at any time and leave if they want.

Hubei regional charging and replacing power resources

Up to now, there are 29 power exchange stations, 17 overcharge stations and 7 destination charging stations in Hubei, and 17,250 third-party charging piles are connected.

Weilai National Buneng Network

By November 30th, we had set up 678 power stations in China, including 143 expressway power stations, 516 and 2,940 overcharged stations, 598 and 3,307 destination charging stations, and connected more than 430,000+ third-party charging piles.

In the future, we will speed up the layout of the charging and replacing network, so that more users can really feel the car experience that charging is more convenient than refueling!

B5.2 supplier management methods

one

Guide the original text

Describe the practices of hiring suppliers, the number of suppliers to whom the practices are implemented, and the implementation and monitoring methods of the practices.

two

Index interpretation

This indicator is a key performance indicator, and the disclosure requirement is "explain if you don’t comply", which will take effect in the fiscal year starting on or after July 1, 2020.

For the definition of "supplier", please refer to the index definition of "B5.1 number of suppliers".

three

benchmarking

The ESG Guidelines of the Stock Exchange, ISO 26000 and GRI Standards all include the main contents of enterprise supplier management methods. ESG Guidelines focus on the disclosure of the practices of employing suppliers, the number of suppliers implementing relevant practices, and the monitoring methods of implementing relevant practices. ISO 26000 focuses on the main measures taken by enterprises to promote social responsibility in the value chain. GRI Standards focuses on the disclosure of enterprises’ identification and management measures of direct or potential risks to suppliers in terms of environment and human rights. For the contents disclosed in accordance with ESG guidelines, please refer to the disclosure items GRI 308-1, GRI 308-2, GRI 412-1 and GRI 412-2.

Table B5-2 Benchmarking Analysis of Key Performance Indicator B5.2 with ISO 26000 and GRI Standards

four

Key points of management

This indicator reflects the responsibility of enterprises to suppliers. The implementation of responsible procurement by enterprises is helpful to manage the environmental and social risks of suppliers, and it is convenient for external stakeholders to understand the procurement methods and principles of enterprises and the procurement situation in areas with high social responsibility risks.

● In order to implement the supplier management policy, enterprises can establish a supplier social responsibility evaluation and investigation mechanism based on the quality and environmental evaluation system, and establish a supplier social responsibility evaluation index system according to the requirements of the access terms.

● Enterprises should jointly improve the social responsibility level of suppliers through auditing, training, counseling and other activities, and take active measures to encourage suppliers to fulfill their social responsibilities.

● Enterprises should evaluate suppliers’ performance of social responsibilities in quality, environment and society in daily management, and regularly evaluate and review suppliers’ performance of social responsibilities by means of self-inspection or entrusting a third-party organization, and the review results can be used as an important basis for supplier selection, order increase, rewards and punishments.

five

Disclosure suggestion

Enterprises should disclose the management points of implementing responsible procurement in the report, including the implementation and evaluation methods of supplier management mechanism. Enterprises that produce or operate in high-risk areas of social responsibility should focus on the disclosure of this indicator, supplemented by written explanations when necessary, so that external stakeholders can understand the procurement situation of enterprises in high-risk areas of social responsibility.

six

Typical case

Source: Canon (China) Corporate Social Responsibility Report 2019-2020 P42.

Canon (China) Corporate Social Responsibility Report 2019-2020 reveals that Canon (China) has formulated a supplier management process that integrates the concept of social responsibility, including key links such as supplier development, supplier cooperation selection, supplier cooperation transaction, supplier performance evaluation, etc., to promote suppliers to continuously improve their own management capabilities and provide strong support for forming an efficient, stable and sustainable "Canon-style supplier team".

For more information about ESG guideline interpretation and application sharing, you can pay attention to Golden Bee Micro Store and purchase the latest edition of ESG Indicator Management and Information Disclosure Guide to get the latest and most referential professional interpretation and experience sharing.

Text | ESG Research Group

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▼

ESG Observation 23 | Decoding Disclosure Points of Localization Procurement ESG Observation 22 | Strictly investigate and punish, and raise the banner of labor standards

ESG Observation 21 | How do enterprises avoid employment risks? ESG Watch 20 | How do companies disclose employee training hours? ESG Observation 19 | How to Make the Best Use of People’s Talents ESG Observation 18 | How to Overcome the Challenges to Health and Safety

ESG Watch 17 | How Enterprises Improve Health and Safety Performance

ESG Progress Watch 16 | Occupational Health and Safety Related Information

ESG Progress Observation 15 | How to Look at Enterprise’s Human Capital Policy from Employee Turnover

ESG Observation 14 | Decoding the Disclosure Points of Enterprise Diversification and Inclusion

ESG Watch 13 | How do enterprises analyze and respond to climate change risks?

ESG Watch 12 | How can enterprises reduce their environmental footprint?

ESG Observation 11 | How to manage product packaging materials?

ESG Observation 10 | How do enterprises manage water resources?

ESG Watch 09 | How to Improve Energy Efficiency?

ESG Observation 08 | How do enterprises disclose water consumption and demonstrate resource saving practices?

ESG Observation 07 | How to Manage Enterprise Energy?

ESG Watch 06 | How can enterprises reduce waste?

ESG Watch 05 | Has the enterprise set the emission reduction targets for gas pollutants?

ESG Observation 04 | How do enterprises manage harmless waste discharge?

ESG Observation 03 | Is the enterprise’s hazardous waste emission management good?

ESG Observation 02 | What are the data related to greenhouse gases?

ESG Observation 01 | How do enterprises disclose exhaust emissions?

This article first appeared on WeChat WeChat official account: Golden Bee. The content of the article belongs to the author’s personal opinion and does not represent Hexun.com’s position. Investors should operate accordingly, at their own risk.