Recently, the Group’s first new model AERO 7 (hereinafter referred to as X7) series was officially launched, which means that this 60-year-old Chinese auto brand has once again given new life and taken on a new mission.

As the first new model after Mr. Tan Xuguang launched the heavy truck, it is also a witness to the comeback of the Yellow River brand and the inheritor of the Yellow River spirit. It came by the Yellow River and returned to the Yellow River again.

Behind all X7 is the historical witness of the rebirth and transformation of Sinotruk Group. Today, the author will review the entrepreneurial process of Sinotruk with the audience and friends.

The predecessor of China National Heavy Duty Truck Group was the Jinan Auto Parts Factory established in 1956, which was the only automobile industry-related enterprise in Shandong Province at that time.

In 1958, after the introduction of the former Soviet Union car models, the Yellow River brand JN220 off-road vehicle was developed, ending the history of no automobile industry in Shandong Province. At the same time, Jinan Auto Parts Factory was renamed Jinan Automobile Factory and became the only automobile manufacturing enterprise in Shandong Province at that time.

After the introduction of the policy of "building socialism in a better province as soon as possible", our country’s modernization needs a series of varieties of automobiles to meet its growing construction needs. Therefore, after taking over the task of trial production of 8-ton cargo vehicles assigned by relevant state departments, Jinan Automobile Manufacturing Plant began to enter the research and development and trial production process of new models.

Under difficult conditions, on April 15, 1960, the 8-ton truck trial-produced by Jinan Automobile Factory was successfully rolled off the production line. This model was based on the Skoda 706 truck from the former Czechoslovakia in the socialist camp country, which was the first generation of large-tonnage trucks in China at that time. This model was the Yellow River JN150, the earliest in China.

In May 1960, when Chairperson Mao Zedong visited Jinan, he visited the first batch of models of the Yellow River JN150 and spoke highly of it.

In January 1966, Chairperson Zhu De inspected the Yellow River JN150 model and personally wrote the word "Yellow River" for the car. This year, Jinan Automobile Manufacturing Factory was renamed Jinan Automobile Manufacturing General Factory, marking the beginning of a new historical stage.

Since the mid-late 1960s, our country has entered a period of serious turmoil. During this period, all aspects of the national economy have caused serious negative effects. But new progress has been made in major undertakings such as national defense.

In 1966, the Second Artillery Force of the People’s Liberation Army (later reorganized into the Rocket Force) began to develop missiles and supporting transport vehicles. The following year (1967), the Jinan Automobile Manufacturing Plant accepted the task of trial production of transport vehicles, and in April 1968 developed our country’s first generation of large-tonnage military off-road cargo vehicles – Yellow River JN252.

Since 1970, the JN252 has served and tested in some units of the People’s Liberation Army, and was officially mass-produced in 1976, making important contributions to the development of our country’s national defense weapons and equipment. In addition, this car has a wonderful relationship with Mr. Qian Xuesen, the "two bombs".

In the late 1970s, the turmoil ended and our country’s social development returned to the normal track. At the same time, Jinan Automobile Manufacturing General Factory also began to launch new models for the civilian automobile market.

In 1978, Jinan Automobile Manufacturing Plant introduced Romanian car technology and carried out localized production, and in 1981 launched the second generation of Yellow River civilian vehicles: the ten-ton truck JN162 series. The JN162 series used the new technology applied for the first time in China at that time, almost at the same starting point as the technical level of international advanced models at that time.

At the same time, the China Heavy Duty Truck Industry Joint Venture Company with Jinan Automobile Manufacturing Plant as the core was established and is one of the three major domestic automobile industry groups. In 1983, with the support of reform and opening up and national policies, the joint venture company introduced the technology of Austrian 91 series models and made them domestically.

In 1985, the first Steyr 91 series truck assembled in China rolled off the assembly line, ending the history that our country could not produce large-tonnage trucks. In 1989, the first domestically produced Steyr 91 series model rolled off the assembly line, opening the "Steyr" era of Chinese commercial vehicles.

In December 1989, China Heavy Duty Truck Industry Joint Venture Company officially changed its name to China Heavy Duty Truck Group Company, moving towards a new generation of modern enterprises and bringing new opportunities for the development of the Yellow River brand.

Since the 1990s, with the introduction of new models of international automobile brands into the Chinese market and the continuous introduction of new products by domestic friends, the two main car series of the Yellow River and Steyr relied on by the old heavy truck have been defeated in the increasingly severe market competition and lost their past. Under various reasons, the old heavy truck cannot escape the fate of bankruptcy.

In 2000, the bankruptcy and reorganization of China’s heavy truck group company was approved by the State Council, and the era of the old heavy truck ended.

After the bankruptcy and reorganization of the old heavy truck, there is good news: the original main assets of the old heavy truck have been devolved to Shandong Province, and continue to retain the name of "China heavy truck". The next good news is that Mr. Ma Chunji, then the deputy mayor of Jinan City, took over the "mess" and cleaned it up.

On January 18, 2001, after the successful reorganization, Sinotruk returned to the world as "China Heavy Duty Truck Group Co., Ltd.".

In 2002, the first batch of high-end model series based on Steyr technology was fully upgraded, which sent a heavy gift to the 16th National Congress of the Communist Party of China. Since then, China National Heavy Duty Truck Group has begun to move towards a new route of independent research and development.

Since 2003, SINOTRUK has successively carried out technical cooperation with German MAN and Swedish companies (with the latter to establish a joint venture company Jinan Huawo), and in 2004 launched a high-end heavy truck product with international advanced level: HOWALLE.

Of course, Yellow River’s brand equity has not been abandoned. In 2003, China National Heavy Duty Truck Corporation launched three Yellow River sub-brands: the "Yellow River" medium and large-tonnage model, the "medium-tonnage model" and the "Yellow River General" small-tonnage model. In today’s words, the Yellow River "medium cup, large cup, and super large cup".

However, these models did not make much progress in the market, forming a strong contrast with the majestic atmosphere of the Howo series Hukou waterfall of the Yellow River.

In 2007, China National Heavy Duty Truck (Hong Kong), a subsidiary of China National Heavy Duty Truck Group, was listed on the Hong Kong Stock Exchange. So far, China National Heavy Duty Truck Group has two listed companies, Jinan Truck and China National Heavy Duty Truck (Hong Kong).

In 2008, the first model of China National Heavy Duty Truck Group to test the high-end heavy truck market, the "Howo A7", was officially launched on the market. This was the first domestic truck with its own brand of hand-in-hand (AMT), and it was also the first commercial vehicle with a fully self-developed powertrain in China. Its performance has approached the technical level of foreign advanced models.

In July 2009, China National Heavy Duty Truck Group signed a cooperation agreement with German MAN, and German MAN held 25% + 1 shares of China National Heavy Duty Truck Group, entering a new era of comprehensive cooperation. During the 2011 Shanghai Auto Show, China and Germany released a new high-end brand SITRAK, Chinese name ", and the first mass-produced model T7 is also known as the predecessor of the subsequent Howo T7H.

In 2012, the first standard product of China National Heavy Duty Truck Group, Howo Light Truck, was officially launched, ending the gap in the light truck market competition of China National Heavy Duty Truck Group and opening a good start for China National Heavy Duty Truck Group to enter the light commercial vehicle market.

In addition, the Yellow River brand has returned to the market with a new line "New Yellow River", targeting the mid- to high-end mid- to large-tonnage lightweight truck market.

In August 2015, the new headquarters and science and technology building of China National Heavy Duty Truck Group, located at No. 777 Huaao Road, High-tech Zone, Jinan City, was officially put into use, completing the comprehensive evolution of the R & D environment.

On September 1, 2018, Mr. Tan Xuguang from Weichai Group officially became the chairperson and party secretary of China National Heavy Duty Truck Group. The first thing he did when he came to power was to conduct a strategic reorganization within China National Heavy Duty Truck Group, divest and sell the real estate business (in fact, China National Heavy Duty Truck also has its own real estate business, but it is not outstanding compared to its main business), and make minor adjustments to personnel. There is only one key point: to attack the main business without distractions.

However, after Mr. Tan was launched, all the products of the four major brands of China National Heavy Duty Truck Group began to offer choices one after another. Many people expressed concerns about the homogeneity of the products of Heavy Duty Truck, and some people said that the market competitiveness of Heavy Duty Truck products after assembling Weichai engines would decline, but now it seems that there is no need to worry too much.

With the launch of the optional Weichai engine series and the new Howo, the main Weichai engine, Sinotruk has made great efforts in product adaptability.

The recently released new model of the Yellow River, AERO7 (X7), is the first to introduce the overall streamlined design in the domestic production models, making the X7’s drag coefficient reach the same level as that of passenger cars.

The powertrain is equipped with a variety of models such as the German technology M series and the H series with thermal efficiency up to 50%. It independently develops a hand-integrated gearbox and is specially adjusted for the Yellow River car series.

At the same time, the new model of the Yellow River has reached the level of foreign advanced technology in terms of configuration and safety performance. In terms of price, the new car is about 450,000 yuan to 500,000 yuan, which is quite competitive compared with foreign brands and domestic models.

From the Yellow River JN150 in the 1960s to today’s fully upgraded and glorious new Yellow River car, it has witnessed the remarkable years of China National Heavy Duty Truck Group over the past 60 years and the continuous development of China’s automobile industry over the past 70 years.

We look forward to the China National Heavy Duty Truck Group’s historical sedimentation and many advanced technologies, and the Yellow River brand with many high hopes can be like the Yellow River, galloping thousands of miles and creating greater brilliance.

The new model is produced by Jinan Truck Co., Ltd., a listed company under China National Heavy Duty Truck Group, and will be officially put on the market soon. You can pick up a small book and study it carefully. (Text/Kajia Number: Ledi who drives a truck)

First, the brilliant debut of luxury SUV in the new era

Starting from the landmark day of September 17th, 2023, the brand-new upgraded version has created the automobile market. This luxury model takes "China Star Flagship" as the declaration, and the price is RMB 137,200.

Equipped with 2.0TD high power and the gold configuration of Aisin 8AT, it not only shows the future scientific and technological strength, but also provides a luxurious driving experience.

Brilliant power: 2.0TD high-tech +8AT gold power cooperation

It is like a fine horse on the Yuan Ye, and its maximum power can reach 175kW and 350 Nm. Whether it’s flowing between cities or exploring the unknown outdoors, L can handle it with ease.

Second, quality optimization: the blend of unique temperament and elegant design.

Xingyue L’s exclusive car paint is far away from the matte gray, like dark clouds, as deep as uncut natural stone, which can attract people’s attention with its elegant temperament no matter where you drive.

Unique car paint-Yuandai scrub ash

In the sun, the exclusive car paint of Xingyue L’s Far Dai Scrubbed Ash shows the charm of low-key luxury, just like the distant mountains containing Dai, restrained and profound.

Exquisite interior-splash-ink environment-friendly deerskin

When you enter the car, the splash-ink environment-friendly deerskin interior will immediately attract your attention. Designers draw inspiration from splash-ink calligraphy and integrate artistic touch into interior design, bringing you a comfortable ride experience.

Third, the charm of science and technology: the perfect combination of intelligent driving and the latest technology

Thanks to the Galaxy OS 2.0 system, Xingyue L has a strong scientific and technological strength in addition to luxury equipment and beautiful design. With Snapdragon 8155 chip, Xingyue L has faster response, more complete functional applications, more intelligent speech recognition, and supports super customization.

Fourth, the design is unique: interstellar shuttle, as small as the mountains.

Design of Star Shuttle Waist Line

The streamlined design of luxury car class makes Xingyue L like an explorer crossing the Milky Way, which makes people shocked by its elegant outline in one go. The high-definition active noise reduction sound system allows you to enjoy the music feast while driving. Three-zone automatic health air conditioning equipment ensures that every passenger can have the most suitable temperature.

V. Safety Commitment: Absolute safety is our bottom line.

Xingyue L not only pays attention to the luxury driving experience, but also regards passenger safety as the top priority. 24 environmental sensors accurately identify obstacles on the road, cage body and EMA steering collision avoidance auxiliary system, and strive to maximize the safety of passengers in the car.

To sum up, Xingyue L leads the trend of "China Star Flagship" with its unique design style, excellent performance, luxurious configuration facilities and iron-walled security, as if it can take you to cross star to meet future challenges.

If you want to know more about dry cars, please pay attention to me.

Zhiyi Automobile/Zhengqi

In the process of the rise of new energy vehicles in recent years, BYD is undoubtedly the most eye-catching force. Byd has gained a huge market advantage by relying on the strategy of parallel battery and vehicle.

Recently, however, BYD’s products have been reduced in price. After all the models of BYD Ocean Network have been reduced in price, BYD Dynasty Network has also announced preferential policies for its popular models. So which models have BYD officially reduced in price? Is it necessary for BYD, which is not worried about sales, to make such a profit?

1. The deposit of Han EV and Tang DM-i is 2,000 to 10,000, and the replacement subsidy can be exempted by 4,000.

On November 8, BYD Wang Chaowang released a message that users only need to purchase its Tang DM-i Champion Edition (112 km model) and Han EV Champion Edition before 24: 00 on November 30, 2023, and complete the car purchase invoice. You can enjoy the activity of 2,000 yuan deposit to 10,000 yuan car purchase.

In this way, these two champion models have been given a discount of 8000 yuan. And the government also provided a replacement subsidy of 4000 yuan. In addition, the government also provided financial policies such as five-year super-long loans with a down payment of 15%, as well as various intelligent services and maintenance services.

Although it seems that the price reduction of BYD dynasty series is not too great, it should be noted that BYD dynasty series has never been a slow-moving model. It is rare to get close to 10,000 yuan.

And BYD’s discount also has some doorways. Tang DM-i and Han EV are high-end products of Dynasty series, and they are also well-known products. Giving them some preferential policies can undoubtedly attract more consumers to the store, and may also promote the sales of other models.

On the other hand, BYD’s two models are indeed facing certain sales pressure in the near future.

2. New forces compete for the market, and BYD is on pins and needles.

After more than ten years of development, China’s new energy vehicle market has entered the second half. The blue ocean, which once had few competitors, has turned scarlet in the cruel killing.

Although BYD has been in deus ex, it has taken the top spot among new energy vehicle companies. But the pressure it faces is not small. In addition to the siege of old car companies such as Geely, Great Wall and Chang ‘an, the advantages of software and hardware established by new forces such as "Wei Xiaoli" are gradually showing strong market appeal.

More importantly, a group of Internet forces represented by Huawei, Baidu, Xiaomi, etc. took part in building cars. Under their "empowerment", the car level of many car companies has improved linearly. New energy vehicles that flaunt the function of intelligent driving, such as Wenjie, Zhijie, Jiyue and Aouita, have attracted many consumers’ attention.

Although BYD has its own mature industrial chain, such as batteries and complete vehicles, and the method of reducing costs and increasing efficiency learned from Toyota, BYD can establish a huge advantage in car companies with lower cost and higher production capacity. However, in the face of all kinds of fancy intelligent configuration of new forces, BYD, whose style is relatively "simple", will inevitably be seized in some markets.

However, the pre-sale of the medium and large-sized car Zhijie S7, which Huawei cooperates with Chery, is about to start on November 17th. BYD Han EV, which is also pure electric for medium and large-sized cars, is bound to encounter sales challenges. At the end of last month, Geely and Baidu’s Extreme Yue 01 went on the market. This medium and large SUV, known as the "car robot", will obviously affect the sales of BYD’s products.

What’s more, before Sellers’ M7 went public, it would have exceeded 80,000 a month. BYD Tang DM-i, which is also a seven-seat hybrid SUV, slightly overlaps with the low-priced version of Wenjie M7 in price, so Wenjie M7 is likely to have a certain "blood-sucking" effect on BYD Tang DM-I..

Moreover, BYD Han EV and Tang DM-i are really tired in sales. Since July this year, BYD Han EV has never sold more than 10,000. After the sales volume of Tang DM-i exceeded 10,000 for seven consecutive months this year, the sales volume in August and September continuously returned to below the 10,000 mark. It was not until October that it barely broke through 10,000.

Therefore, BYD’s price reduction this time is an active response to these challenges. In addition, the price reduction of BYD’s main models has the significance of boosting investors’ confidence and completing future planning goals.

3. When the stock is sold by the old stock god, BYD’s share price will return to 300.

Judging from this year’s sales, many people may think that BYD’s top management has no need for anxiety. As of October this year, BYD has sold 3 million cars this year.

But Wang Chuanfu, president of BYD, set a sales target of 4 million vehicles at the beginning of the year. Now there are only three months left, one million short of the target. This requires BYD Group to achieve an average monthly sales of more than 330,000 vehicles in the next three months.

It is difficult to achieve increment in the increasingly fierce new energy market. First of all, BYD’s own dynasty series and ocean series have been difficult to achieve more sales increments without reducing prices.

The high-end route planned by BYD now seems to have many obstacles. Although Tengshi stood firm by the explosive MPV Tengshi D9, the market response of Tengshi N7, N8 and other products launched later was flat.

The ultra-high-end brand that BYD Group strives to build looks forward to the first production car U8, which targets luxury SUVs and off-road vehicles such as Mercedes-Benz G and Land Rover Range Rover, but the annual sales of these high-end products are only a few thousand to early 10,000. Looking up to U8, even if it can compete with it in sales volume, it can’t contribute too much to BYD’s sales target of 4 million.

Therefore, BYD can only choose to reduce the price of the main models in exchange for sales. This seemingly irrational price-for-sales approach actually reflects BYD’s high-level eagerness to boost market confidence. Since last year, a number of financial capitals have been selling BYD’s shares. Take Warren Buffett as an example. Since August 2022, Buffett has sold BYD Hong Kong stocks for 13 consecutive times.

Buffett bought BYD at the price of only 8 yuan, and now BYD’s share price around 250 yuan is at an absolute high level. For investors, when the stock reaches a high level, cashing out is the normal operation. Now, when Buffett sold BYD last year, the share price around 300 yuan really seemed to be a high stage.

If BYD’s top management wants to keep its share price at a high level, it must convince investors with actual performance and technological progress. The sales target of 4 million is more like BYD’s share price, which will continue to attract other investors and nail them here.

Write it at the end

Now, after the crazy selling, Warren Buffett has reduced his holdings of BYD’s Hong Kong stocks by more than half. As an investment vane, he is bound to affect many investors’ decisions on BYD.

If BYD can achieve the sales target of 4 million, it will undoubtedly play an important role in boosting investor confidence. In order to achieve this sales target, BYD’s continuous efforts may make the killing of the new energy vehicle market in the second half of the year even more tragic.

　　The Japanese personal computer market, which has been silent for many years, has suddenly caught fire recently.

　　BCN, a professional research company, conducted a survey on POS data of major home appliance stores and online stores in Japan, and found that the computer market has been booming for a long time. In the first week of April, the Japanese PC market showed a year-on-year growth rate of 109.0%, which climbed to 145.1% in the second week and rose to 164.7% again in the third week, showing an amazing growth trend.

　　The reason behind this is that the epidemic continues to spread in Japan. Japanese primary and secondary schools were closed in early March. After the state of emergency was implemented in April, the government repeatedly called on enterprises to expand the proportion of home office workers. In many families, couples and children stayed Stay Home together, working and studying online. To this end, many families urgently acquire computers suitable for office use.

　　As early as 1997, the working form of home office appeared in Japan. In order to enable families raising children to take care of both childcare and work, the Japanese government has been committed to improving diversified work systems such as home office. There is a company called CASTER in Japan, and more than 700 employees implement a thorough home office system. The company has no office space, and employees are scattered all over Japan and never meet each other at all.

　　However, from a global perspective, the proportion of home office in Japan is not too high. A survey of home office in Japan from March 13th to April 13th showed that only 18% of Japanese office workers worked at home during the epidemic. This is the lowest proportion among the 26 respondents of the British survey company. This shows from another angle that the hardware and software of home office in Japan are not mature and have great room for development.

　　This epidemic has made the Japanese home office system work quickly. More and more enterprises begin to work remotely by holding video conferences and other means, and use online business systems instead of business trips. Followed by the rapid growth of telecommuting related software development business, including various attendance management tools, video conferencing tools, business communication tools, task management tools, virtual office tools and so on.

　　Not only that, all kinds of household goods manufacturers also took the opportunity to launch online activities and compete for marketing. The most obvious thing is that the number of food delivery brothers shuttled on the street has increased significantly. Many high-end restaurants have changed to lunch after stopping the in-house food business, and they have set up stalls at the door and distributed them to nearby merchants and households. Didi Japan has also provided food delivery service in Osaka since April.

　　According to an investigation by NKB, an advertising agency, during the epidemic, home-based measures not only promoted food sales, but also significantly increased the sales of kitchen equipment, furniture, sports equipment and books, especially the contrarian growth of the game and video industries.

　　According to the survey of Criteo, an online advertising agency, the sales of sportswear, training clothes, pajamas and other casual clothes have increased significantly in recent weeks. Due to the restriction of going out, the time at home has increased, and consumers will give priority to buying comfortable clothes.

　　The sudden surge of home office has also spawned a large number of home improvement needs, and the home improvement industry has ushered in business opportunities. Since March, Hometech, a home improvement company, has launched the theme of "Workspace" renovation in official website to show customers various renovation schemes and cases. With the development of epidemic situation, the demand for setting up home delivery box without receiving express delivery in person, transforming touch-free home control equipment and updating antibacterial wallpaper has also increased greatly.

　　After the chain fitness club Dongji Sports Oasis Company was forced to close the gym, it increased the online marketing of its own "fitness furniture", and its sales in March doubled from the previous month. The biggest feature of the company’s "fitness furniture" is that it can be used as furniture at ordinary times and become fitness equipment when exercising.

　　With the extension of the state of emergency, home office and other measures tend to be long-term, and consumers stop snapping up after finding that the supply of materials is sufficient, and instead start chasing the fun of home life. According to statistics, the sales of snacks and snacks, as well as dumplings and spring rolls, have all increased significantly in the near future.

　　This epidemic has also promoted the development of online diagnosis and treatment in Japan. The Ministry of Health, Labor and Welfare revised relevant regulations in April, relaxing the restrictions on the scope of patients and diseases applicable to online diagnosis and treatment. (Le Shaoyan)

　　Cctv newsRecently, the National Anti-Pornography Office reported many typical cases of "Net Net 2020". A case of spreading obscene articles for profit through WeChat WeChat official account was cracked by the police in Lanxi, Zhejiang Province, which destroyed a super-large pornographic novel platform and arrested 15 suspects, involving more than 10 million yuan.

　　On May 22 this year, the police of the Public Security Brigade of Lanxi Public Security Bureau received a report from the public that there were a large number of pornographic novels on a website called "Ma Ke Literature Website", which needed to be recharged before reading. After receiving the police, the police immediately obtained evidence for the contents of Xiao Guan’s novels on the "Ma Ke Literature Website".

　　In the process of obtaining evidence, the police found that many articles in the "Ma Ke Literature Website" contained obscene pornography and other vulgar contents, and the expression of the articles was full of explicit pornographic descriptions.

　　Lanxi City Public Security Bureau Zhuge Police Station Tang ChengangFirst of all, you can read it for free. There are many novels in it, including clear water novels and obscene novels. After the reader clicks in, he can read one or two for free. Just like we usually read one or two chapters, when the addiction comes up, he will jump out of a window and let you recharge. Top-ups include 30 yuan, 48 yuan, 68 yuan and 365 yuan, and 365 years is the annual fee.

　　It has been verified that "Ma Ke Literature Website" packages pornographic novels into "network literature", and recruits agents through various advertisements published in WeChat official account, with 90% of the customer’s top-up amount as a share reward. In order to gain more audiences, the agent will publish platform links in a large number of WeChat official account, and in a short time, the number of platform clicks will spread rapidly across the country.

　　Most of the members of the platform involved in the Yellow River were arrested after 90.

　　After investigation, the police in Lanxi, Zhejiang Province grasped sufficient evidence and immediately set up a task force to hunt down the suspects hidden behind the scenes.

　　Through the registration information of this company named Yuxin Cultural and Creative Co., Ltd., the police investigating the case found that the company is located in Zhangzhou City, Fujian Province, and why is the legal representative?

　　However, just as the police stepped up the investigation of He’s network, the "Ma Ke Literature Website" was abnormal, the link could not be logged in normally, and the webpage display was closed. Did the police investigation arouse the suspect’s vigilance?

　　After finding out the law of crime and personnel situation, on June 8, Lanxi Public Security Bureau dispatched 31 police officers, who were divided into five arrest groups and rushed to Fujian, Anhui, Guangdong, Shanghai and other places to attack simultaneously, and arrested 15 people involved in this pornographic website.

　　Among the 15 suspects who were arrested, most of them were post-90s, mostly Internet practitioners. After the trial, the suspect confessed that since September 2019, the suspect He Mou registered Gaoxin Cultural and Creative Co., Ltd. and established the "Ma Ke Literature Website", which was responsible for the overall work, daily management, updating the content of obscene novels, payment business, etc. Lin Mou, Chen Mou, Zhang Mou and Ye Mou were responsible for the promotion agency, while Wu Mou and Zheng Mou were responsible for the website maintenance and repair work.

　　At present, three suspects, including He Mou, Wu Mou and Ye Mou, have been criminally detained by the police according to law on suspicion of spreading obscene articles for profit, and the remaining 12 people have been released on bail pending trial. The case is under further investigation.

　　Cctv newsUnder the high pressure of policy, the property market continues to cool down. According to data released by real estate research institutions, the online signing volume of first-and second-tier cities such as Beijing declined in May. Among them, the number of second-hand housing contracts in Beijing in May hit a new low in 27 months. With the sharp decline in transaction volume, house prices are not so firm. Some real estate agencies even said that the second-hand housing prices in Tongzhou District and Yizhuang Development Zone in Beijing fell by 20%. Is it true?/You don’t say.

　　Market:The number of second-hand housing contracts hit a new low in 27 months.

　　It has been almost three months since this wave of the strictest property market regulation began in March this year. Under the impact of the combination of restricted purchases, restricted loans and restricted sales, the transaction volume of the property market in various places has declined in different degrees. Take Beijing and Guangzhou as examples:

　　Statistics from a large real estate agency show that the actual signing volume of the second-hand residential market in Beijing in May decreased by 34.2% compared with the same period in April, and the number of new customer registrations also decreased by 11.9% compared with the same period in April, and the market transaction activity has fallen to the bottom. As of May 30th, a total of 10,236 sets of second-hand houses were signed in Beijing in the month, and it is estimated that the number of second-hand houses signed in the whole month will be less than 11,000, which is the lowest value in the last 27 months.

　　In Guangzhou, the overall transaction volume of the property market in Guangzhou in May this year hit a new low in the past two years. As of May 29th, a total of 6,326 first-hand houses were sold in Guangzhou, which was the second lowest since May 2011, only higher than that in May 2014 (5,843).

　　Focus:The price increase in first-and second-tier cities has dropped.

　　The volume of transactions has fallen sharply. What is the trend of house prices?

　　According to the latest data released by the National Bureau of Statistics, among the 70 large and medium-sized cities in China, 30 cities saw their house price increase decline in April, 6 more than in March. According to preliminary estimates, the year-on-year increase in housing prices in first-tier cities fell for seven consecutive months, while the year-on-year increase in second-tier cities fell for five consecutive months. The data for May has not yet come out, but the situation is not expected to be better than that in April.

　　In terms of second-hand housing, the increase in house prices in most cities has dropped, and the price of second-hand housing in Beijing has stopped rising in April. And in May, according to a real estate agent statistics:

　　In May 2017, the average transaction price of second-hand houses in Beijing decreased by 2.4% compared with the same period in April.

　　Among the 12 regions with transactions, the average transaction price in 8 regions is falling, and the price in 4 regions is rising.

　　The biggest drop was in Tongzhou District and Yizhuang Development Zone, both of which exceeded 20%.

　　However, many Beijing buyers said that in terms of specific prices, there is still no obvious decline. In this regard, Li Wenjie, president of Beijing Real Estate Agency Association, said that the second-hand housing prices in Beijing have indeed dropped, but "down" means that compared with the high quotation of the owners listed this year, from the fourth quarter of last year to the end of the first quarter of this year, the second-hand housing prices are estimated to have increased by about 20%, so the current decline is still adjusted towards the level at the beginning of this year.

　　For example, in Tianjin, the news from the intermediary said that the price reduction of many communities ranged from 5% to 28%, with the highest drop of 28%. And from the current point of view, there is no sign of loosening the regulation of Tianjin property market.

　　In Shenzhen, since the introduction of a new round of control policies in Shenzhen last October, the transaction price of new commercial housing in Shenzhen has fallen for eight consecutive months. According to the data released by the Shenzhen Municipal Planning and Land Resources Committee on June 1, the average transaction price of new houses in Shenzhen in May was 54,512 yuan/square meter, down 0.2% from the previous month.

　　Trend:The property market is changing to a buyer’s market.

　　With a series of strict and strict regulation of the property market, the down payment and interest rate of loans for house purchase have both increased, and many buyers have suspended the pace of buying houses and are gradually turning from radicalism to wait and see, and the phenomenon of real estate speculation has been curbed. Experts said that at present, panic-grabbing houses, owner’s jumping prices and breaking contracts are basically gone, and the game relationship between buyers and sellers has gradually reversed and is changing to the buyer’s market.

　　According to industry insiders, in Beijing, the transaction volume of second-hand houses may be close to the bottom of the market. In terms of price, due to the excessive increase in the previous period, especially in some areas with double or multiple increases in the previous period, the decline may be further expanded.

　　Nationally, more than 30 cities, including Chengdu, Xiamen, Fuzhou, Qingdao, etc., have initiated the property market regulation policy of restricting the sale for a certain number of years after buying a house for the first time in history. It is widely predicted in the industry that with the continuation of regulatory policies, the overall housing prices in the country will be further adjusted back in the future. However, some insiders believe that the late trend of the property market still depends on the trend of credit interest rates and policy changes. If credit is loose, it does not rule out that house prices will continue to rise.