Geely’s "Xunzi" was listed on the backdoor, and the first share of China Automotive Intelligence was born in the United States.

(Text/Pan Yuchen Editor/Zhou Yuanfang) Geely Group has its fourth listed company, and this time it is the first share of China automobile intelligent enterprises in the United States-Yikatong.

On December 21st, Yikatong Technology, a travel technology company, and COVA Acquisition Corp, a public special purpose acquisition company, jointly announced that the previously announced merger transaction had been successfully completed on December 20th. The merged company will retain the company name of "Yikatong Technology", and its shares and warrants will be traded on the Nasdaq Stock Exchange on December 21st, with the stock codes of "ECX" and "ECXWW" respectively, making it the first China automotive intelligence start-up to land in the US stock market.

Through this transaction, Yikatong Technology is expected to raise 368 million US dollars (about 2.57 billion yuan), including COVA’s cash trust of 300 million US dollars. The funds raised will be used to accelerate technology development and launch new products, support strategic acquisitions and investments, and build a global business growth path and achieve the goal of becoming profitable in 2024.

Earlier in May this year, Yikatong Technology had reached a merger agreement with COVA. The transaction was approved at the extraordinary general meeting of COVA shareholders held on December 14th.

Yikatong Technology is listed on Nasdaq. Image source: Yikatong Technology

According to the prospectus disclosed by Yikatong Technology, the company’s revenue in the first three quarters of this year was 2.03 billion yuan and its gross profit was 563 million yuan. However, after deducting R&D expenses, administrative expenses and interest expenses, the net loss amounted to 801 million yuan. External financing has become a key factor for the company’s sustainable operation.

According to the data of enterprise investigation, before the merger and listing of Yikatong Technology, it had gone through seven rounds of financing. In addition to Geely Holding Group, the investors also included Changjiang Industrial Fund, Baidu, Funeng Technology and Suzhou Xiangcheng Venture Capital. Among them, the announced A-round financing amounted to RMB 1.3 billion, and the A+ round and B-round financing amounted to US$ 200 million and US$ 50 million respectively.

Yikatong Technology is not the first Geely Group investment company that intends to land in US stocks. Just in early December, Geely Automobile’s high-end electric brand Krypton submitted a draft registration statement for possible initial public offering to the SEC. According to Reuters and other media reports, the IPO is expected to raise more than $1 billion.

At present, there are four listed companies under the Geely Group. In addition to Geely Automobile, which landed in Hong Kong stocks earlier, Polar Star and Volvo have also landed in the US and Sweden markets this year.

The "first son" of Geely family

As a company specializing in automotive intelligence, Yikatong Technology, established in 2017, is a pioneer among its peers, and has been imbued with a strong "auspicious color" since its birth.

The two co-founders of Yikatong Technology are Li Shufu, Chairman of Geely Holding Group, and Shen Ziyu, former Vice President of Geely Research Institute. When a merger agreement was reached with COVA in May this year, Li Ni, the daughter of Li Shufu, also appeared in the list of new directors of the company.

Yikatong Technology Image Source: Yikatong Technology

Like his elder brother Li Xingxing, Li Ni has been expanding his participation in the cause of Geely in recent years. As early as 2016, Li Ni bought and sold shares of listed companies many times during the listing and transfer of *ST Qianjiang’s equity. Later, Geely Holding Group spent 1 billion yuan to purchase *ST Qianjiang’s equity in June of that year.

Just in August this year, Xingshengzhou Technology purchased 171 million shares of Chengxing Industrial Group, the controlling shareholder of ST Chengxing. According to ST Chengxing’s announcement, Xingshengzhou Technology is a limited partnership jointly established by Yaoning Technology and Oriental Assets. Li Xingxing and Li Ni hold 95% and 5% shares of Ningbo Chunhua Qiushi Technology, the largest shareholder of Yaoning Technology, respectively.

The insiders believe that the reason why Li Shufu’s family is willing to hold a company with operational difficulties is the phosphorus chemical industry that ST Chengxing is engaged in: the phosphate produced by the latter is the core raw material for automobile power batteries.

Similarly, Yikatong Technology, as a company born in line with the trend of automobile intelligence, can be called Geely’s "pro-son".

Since its establishment, Yikatong Technology has mainly provided intelligent and networked services for Geely, Lectra, Proton and other "Geely" automobile brands, including digital cockpit, active safety electronic products, unmanned sensors and controllers, and the operation services of the vehicle networking cloud platform and big data platform. For example, the GKUI car-machine interconnection system widely used in Geely models comes from Yikatong Technology.

GKUI Image source: Geely Holding Group

Prior to this, emerging business modules such as intelligent cockpit and vehicle-machine interaction have been regarded as shortcomings by many Geely users.

Even as a high-end electric brand, its car system has been criticized by many car owners since the delivery of the first batch of models. Although on the hardware level, Geely temporarily calmed the storm by investing more than 300 million yuan to replace the car chip with higher performance; However, in the software, a common shortcoming of traditional automobile manufacturers, Geely seems to have a lot to check and fill.

And this task is also naturally delivered to the hands of Yikatong Technology.

Quick literacy of baseball rules! Solve your puzzles for many years in an instant (graphic version)

Last night, I sent a literacy video about baseball rules. Some fans sent a private message saying that they couldn’t keep up with their ideas and asked me for a text. So I’m going to show you a graphic version today, and I’ve added a lot of explanations and explanations, which are more detailed and understandable.

There are two boring people, throwing the ball to kill time.

One throw, one pick.

Throw, catch, throw, catch …

This game is too monotonous, so we should add some tricks. So a third person was called in to make trouble.

The man held a stick in his hand to stop the pass. As soon as the ball was thrown, he swung it away.

Those who throw and catch the ball should try to avoid the ball being intercepted and try to complete the pass.

The two sides formed a confrontational relationship.

If the ball is hit, someone has to pick it up. So I called a few more people to pick up the ball.

This kind of game is still a bit boring, so keep adding more tricks. After the ball was hit, the batter ran wildly to see if he could finish the square route and return to his original place before the ball was picked up.

If he can run back to his original place, he will get a point.

But the difficulty is too high and should be reduced. After the ball is hit, he is allowed to run to these positions and stay there first, but he doesn’t score.

Obviously, the faster the catcher picks up the ball, the more difficult it is for the batter to finish the distance.

So the batter tries to hit the ball as far as possible, and it is best not to pick it up in a short time, so that he has enough time to run the whole course.

Therefore, on the whole court, everyone is dealing with the batter, and the batter has to fight with many opponents. So everyone was divided into two camps and dressed in different colors. So it is divided into two teams, A and B.

Team a, there is only one batter for the time being; Everyone else belongs to team B.

Team a, that is, the batter, is the attacker with sticks; Team B is the defensive team, all wearing big gloves.

Offender, strive for more points; The defender tried every means to stop the other team from scoring.

This is the baseball game.

That passage just now has broken your fear of baseball. Below I will talk about the basic rules more formally. If you don’t understand some places, just skip them. It won’t have much impact.

1. Competition system

There are two teams on the field, such as Team A and Team B. The two teams take turns to attack and defend.

There are nine innings in a game. Each game is divided into two and a half games.

In the first half, Team A attacked and Team B defended; In the second half, Team B attacked and Team A defended.

In reality, the visiting team usually attacks and the home team defends in the first half. After three people from the visiting team were out, the first half ended and the second half began. In the second half, the home team attacked and the visiting team defended.

The attacking side is responsible for hitting the ball and running the base, with the goal of scoring;

The defensive side is responsible for pitching, catching and passing the ball, so that the attacker is out and the attacker is prevented from scoring.

After nine games, the team that scored more points was the winner. If the scores are the same, they will play overtime until the outcome is decided. If the scores are very different, one side will lose, and then the game can be ended early.

2. Venue

The playing field is a fan. This is a right angle. Within the right angle, it is within the boundary; Outside the right angle, it is out of bounds.

Note that the range within the boundary is infinitely extended.

This red arc is just a field line, not a boundary. Even if the ball flies over this arc, it is not out of bounds as long as it is within the right angle. It is out of bounds only if it is exceeded to the left or right.

There are four bases in all. They are home plate, first base, second base and third base. This position where the pitcher stands is called the mound.

The batter stands next to the home plate, either to the left or to the right. There is a little distance between the batter and the catcher, so there is no need to worry that the batter’s stick will swing on the catcher’s head.

3. Team members

The two teams each have nine players.

But at the beginning of each half game, only the batter plays alone. The other eight teammates are waiting outside.

The batter flew the ball, started from home plate, captured first base, and became base runner. Next, the second batter comes on the court. If he also makes it to base, then the third batter comes on the court …

Because there are only four bases. Therefore, there are only four players on the offensive side at the same time.

The nine players on the defensive side all played together from the beginning.

These nine people include: a pitcher, who throws the ball; A catcher is a person who crouches on the ground armed to catch the ball; There are also seven wild players, scattered on the field.

The seven outfielders include: left fielder, center fielder and right fielder, as well as the first baseman, the second baseman and shortstop, and the third baseman.

Step 4 run the base

A. One bag can only accommodate one person.

B base runner in the rear can’t surpass base runner in front.

C. When the batter hits the foul ball, he must start running and run for first base.

From these three ABC principles, we can deduce the concept of compulsory base entry.

When the batter rushed to the first base, base runner, who had already occupied the first base, had to go forward and rush to the second base-because a base bag could only hold one person, he had to give the first base to the batter. This is compulsory base entry.

Step 5 score

Under the siege of nine opponents, the batter captured the first base, the second base and the third base in a counterclockwise direction, and finally ran back to home plate, so that the attacker could get one point.

The rules of baseball game are designed around this core content.

It’s very difficult to run back to home plate. Many times, the attacker was killed before he ran far.

For the defensive side, as long as three attackers are out, this half game can be ended and another half game can be started, and the offensive and defensive relationship can be reversed.

Step 6 get out

How did base runner and the batter get out? In other words, how did the defender kill the attacker?

Mainly in these ways.

Type 1: catch and kill

The batsman flies the ball, and the ball is caught by the defender before it hits the ground, so the batsman is out immediately. It’s called killing.

Catch-and-kill doesn’t distinguish between inside and outside. As long as the ball doesn’t land and is received by the defender, it is catch-and-kill.

Type 2: contact killing

The defender holds the ball in his hand and touches "base runner who hasn’t run to the base bag", so base runner will be out. This is called touch kill.

Between defenders, the ball can be passed around

Type 3: Blocking

Example: The defender who stepped on the second base got the ball, and base runner, who was forced to run to the second base, was expelled. Then the ball was thrown to the first base guard, and the batter who was running to first base was also banned. This is a double kill.

Similarly, there are three kills that cause three offensive players to be out.

If there is no one on the base, only the batter rushes to the first base, then the ball is passed to the first baseman with his foot on the first base, and the batter is eliminated.

Banning is suitable for the situation of running (compulsory base entry), and its essence is to let people who are forced to base have nowhere to go. Instead of running in the case of a must-run (active base entry), you can only use a touch kill to get out.

The base guard can’t stop base runner from running the base by tripping or other physical obstacles. Only after we get the ball, we can kill base runner by touching him or blocking him.

Contact killing is easy to understand. Focus on banning.

Banning is to occupy base runner’s target base first after getting the ball and before base runner. So base runner will be homeless.

Some people will say, then can’t base runner run back? You can’t.

Because the way to ban is used, that is, in the case of forced base running (forced to run, must run).

For example, if a batter hits a foul ball, he must run to first base. Because a base can only accommodate one person, base runner, who was originally at first base, had to run to second base-he had to vacate the position of first base for the batter. So at this time, the second base keeper got the ball and occupied the second base first, so base runner was homeless and had to be out.

Type 4: Strike out

The batter was struck out when the strike reached three. Now let’s talk about what a good shot is.

7. Good ball and bad ball

This virtual yellow area is called the strike zone.

The range is the three-dimensional space directly above home plate, from the batter’s armpit to his knee.

The referee has the final say on the specific scope.

Each referee’s criteria for judging the strike zone are slightly different, so professional players will know the judgment preferences of each referee in advance.

The ball thrown by the pitcher, which crosses the area, is a good ball, and if it doesn’t cross, it is a bad ball.

However, the batter missed the ball, missed the ball, or hit the ball out of bounds, even if it did not pass through the strike zone, it was still a good ball, and the number of good balls was increased by 1. However, it should be noted that if the number of good balls has reached 2, then playing a foul ball is not a good ball or a bad ball.

8. Walk to base

If the pitcher throws four bad balls, the batter is walked to first base.

If the first base is already occupied, then the first base base runner will be safely pushed to the second base. And so on.

That is to say, if the first base, the second base and the third base are already occupied, then the batter will be walked to the base at the same time, and the third base will be safely pushed to the home plate, so the attacker will get 1 point.

9. Touch the ball

The pitcher throws the ball very fast, and it hurts when he hits the body lightly, but it hurts when it is heavy. If it hits the batter, it is a touch ball. Touching the ball will also let the batter walk to base.

It should be noted that the condition for the touch ball to be established is that the batter should have evasive action.

In many cases, the batter must play and perform accurately-not only to dodge to meet the judging conditions and reduce the harm to the body, but also to let the ball hit itself to get a walk on the base.

It’s up to the referee to decide whether to count the touch ball in the end..

But not every batter likes to walk the ball to base. Because they would rather hit a hit or even a home run by themselves (the probability is very low) than have a touch ball.

On the other hand, on the defensive side, they sometimes deliberately throw a touch ball to send the batter to first base safely. This is because some batters are too strong, and the defender is afraid that he will hit a home run, so he simply gives him a touch ball and sends the athel Loren to first base.

10. Hits and home runs

After the batter hits the ball, he successfully gets on base, so this time the bat is a hit.

So as the name implies,A hit is a hit that brings safety to base..

Hits can be divided into first base hits, second base hits, third base hits and home runs.

The so-called home run is that the batter hits the ball to the home run area (outside the home run wall), and then the batter can run safely and leisurely and score 1 point.

If there are already people on the base, they can also run back to the home plate to score.

In the best case, there are already attackers on the first base, the second base and the third base, so the batter hits a home run and all three of them and the batter can return to home plate in turn. So the attacker got 4 points at once. Such a home run is called a slam home run, also called a slam gun.

A home run with no one on the base, only one run, is called Yangchun home run, also called Yangchun cannon.

Then you should also understand the meaning of two-point gun and three-point gun.

11. Stealing bases

Once the pitcher starts his pitching posture, base runner can sprint to the next base bag.

If the batter doesn’t pose or miss the ball, the catcher will pass the ball to the baseman to get base runner out.

Note that if the ball is out of bounds, then stealing the base is invalid and you should return to the original base bag.

12. Forced return to base

The ball is caught by the defender, and the batter is killed, so base runner must return to base forcibly and touch his previous base bag again before he can start running again.

Therefore, if base runner is sure that the ball will be killed, he will stand still on the base bag and wait until the ball is received before running into the base;

If base runner is not sure whether there will be a catch, he will run a few steps and wait. If there is no catch, he will continue to enter the base. If he is caught, he will quickly return to his original base.

11. Explain some things again

The heavy-eyed man standing behind the catcher is the referee, that is, the referee, who has supreme authority. In addition to the referee, there are four referees in the vicinity of the base package, including the first, second and third bases. In some competitions, there are also right-line judges and left-line judges, with a total of six referees.

The catcher put his hand in his crotch and made various gestures. He was indicating to the pitcher what way to throw the ball. Sometimes it’s a signal to the base guard.

Someone out of bounds is doing a seemingly inexplicable action, which is a player in the command field.

The core rule of baseball is simple, that is, hit the ball out of bounds, then go around and return to home plate to score.

Knowing this, there will be no fear of difficulties.

The details of the rules are extremely complicated. But it doesn’t matter. As long as you often watch the game, the details of various rules will naturally become familiar.

So, be sure to watch more games.

Baseball is a team sport, which is very antagonistic and passionate. During the competition, there is also a strong drama and suspense. Therefore, watching baseball games is not boring at all, it is very interesting.

Although this article only talks about a few rules, knowing these is enough to support you to appreciate the game. If you don’t understand, please keep it for later use.

(End of full text)

Opinions of General Office of the State Council on Promoting Government Information Disclosure in the Field of Public Resource Allocation

General Office of the State Council on Promoting the Allocation of Public Resources

Opinions on the disclosure of government information

Guo Ban Fa [2017] No.97

People’s governments of all provinces, autonomous regions and municipalities directly under the Central Government, ministries and commissions and institutions directly under the State Council:

In accordance with the requirements of the CPC Central Committee and the State Council’s decision-making arrangements and the Notice of the General Office of the State Council, the General Office of the Central Committee of the CPC on Printing and Distributing the Opinions on Comprehensively Promoting the Openness of Government Affairs, and in order to further promote the openness of government information in the field of public resource allocation, with the consent of the State Council, we hereby put forward the following opinions.

一、指导思想

全面贯彻党的十九大精神,坚持以习近平新时代中国特色社会主义思想为指导,统筹推进“五位一体”总体布局和协调推进“四个全面”战略布局,牢固树立和贯彻落实创新、协调、绿色、开放、共享的发展理念,不断推进国家治理体系和治理能力现代化,按照党中央、国务院关于全面推进政务公开工作的重要部署要求,推进公共资源配置决策、执行、管理、服务、结果公开,扩大公众监督,增强公开实效,努力实现公共资源配置全流程透明化,不断提高公共资源使用效益,维护企业和群众合法权益,为稳增长、促改革、调结构、惠民生、防风险作出贡献,促进经济社会持续健康发展。

二、主要任务

本意见所称公共资源配置,主要包括保障性安居工程建设、保障性住房分配、国有土地使用权和矿业权出让、政府采购、国有产权交易、工程建设项目招标投标等社会关注度高,具有公有性、公益性,对经济社会发展、民生改善有直接、广泛和重要影响的公共资源分配事项。各地区、各部门要根据区域、行业特点,进一步明确本地区、本行业公共资源配置信息公开范围,细化公开事项、内容、时限、方式、责任主体、监督渠道等,纳入主动公开目录清单。

(1) Highlight the key points of publicity.

1. The field of housing security. In terms of project construction, it mainly discloses the planning and construction scheme of affordable housing projects in cities and towns, the annual construction plan information (including the amount of planned tasks, planned project information and planned apartment type), the completion information of construction plans (including the completion progress of planned tasks, basic information of started projects, basic information of completed projects and the construction of supporting facilities), and the implementation information of policies and measures related to the renovation of dilapidated houses in rural areas (including the renovation policy of dilapidated houses in rural areas, the identification process of objects, the allocation of subsidy funds and the renovation results); In terms of housing allocation, it mainly discloses information such as the allocation policy, allocation object, allocation housing, allocation procedure, allocation process and allocation result of affordable housing.

2. The field of transferring state-owned land use rights. Mainly disclose information such as land supply plan, transfer announcement, transaction announcement and supply results.

3. Mining right transfer field. Mainly open the information such as the announcement of the transfer, the information of the examination and approval results, and the project information.

4. The field of government procurement. The main public procurement project announcement, procurement documents, procurement project budget, procurement results, procurement contracts and other procurement project information, complaints and supervision and inspection decisions made by the financial sector, assessment results of centralized procurement institutions, records of illegal and untrustworthy behaviors and other supervision and punishment information.

5. The field of state-owned property rights transactions. In addition to commercial secrets, it mainly discloses information on decision-making and approval of property rights transactions, information on transaction items, transfer price, transaction price, audit results of relevant intermediaries and so on.

6. Bidding field of engineering construction projects. Mainly disclose the information on the examination and approval of the project subject to tender according to law, the credit of the market subject and so on. Except those involving state secrets and commercial secrets, the tender announcement (including tender conditions, project overview and tender scope, bidder’s qualification requirements, tender documents acquisition, tender documents submission, etc.), the winning candidate (including the ranking, name, bid quotation, construction period, bid evaluation, project leader, personal performance, relevant certificates and numbers, qualifications and abilities of the winning candidate in the tender documents, channels and methods for raising objections, etc.)

(2) Clearly disclose the subject.

According to the principle of "who approves, who makes public, who implements, who makes public, who makes public", the approval result information of public resource allocation involving administrative examination and approval shall be made public by the examination and approval department; The basic information of public resource projects, information on the allocation (transaction) process, information on winning the bid (transaction) and information on contract performance shall be disclosed by the state organs, enterprises and institutions that manage or implement the allocation of public resources according to the information available. In addition, explore the establishment of a "blacklist" system for the allocation of public resources, and gradually include information on bad behaviors such as defrauding public resources into the "blacklist", and relevant information will be disclosed by the departments responsible for management.

(3) Broaden open channels.

Give full play to the role of the government website as the first platform, release all kinds of information in the field of public resource allocation in a timely manner, and smooth the open channels according to the application. Actively use government Weibo WeChat, news media, government clients, etc. to broaden information disclosure channels, develop online services, and enhance user experience. Build a public resource transaction data sharing platform system with the national public resource trading platform as the hub, and promote the transparency of the whole process of public resource allocation. All kinds of public resource transaction announcements, qualification examination results, transaction process information, transaction information, performance information and related change information that should be disclosed according to law should be shared with the corresponding public resource trading platform after being published in the designated media, and interacted with the national public resource trading platform in real time for summary and release. The credit information in the field of public resource allocation should be interacted with the national credit information sharing platform at the same time, and it should be made public in time by relying on the website of "Credit China". It is necessary to integrate and share the public resource trading platform with other government information systems, and realize the connection between the public resource allocation information and other government information resources sharing.

(4) Strengthen the public prescription.

Adhere to openness as the norm and non-disclosure as the exception. The government information generated in the process of public resource allocation should be disclosed in a timely manner according to law, except for state secrets and commercial secrets. Unless otherwise provided by laws and regulations, information identified as voluntary disclosure shall be made public within 20 working days from the date of formation or change of government information in strict accordance with the Regulations of People’s Republic of China (PRC) Municipality on the Openness of Government Information, and administrative licensing and administrative punishment matters shall be made public online within 7 working days from the date of making administrative decisions. For the application of government information disclosure, it is necessary to give a reply in strict accordance with the statutory time limit and reasons.

Third, safeguard measures

(1) Strengthen organizational leadership.

Governments at all levels and relevant departments should attach great importance to the disclosure of government information in the field of public resource allocation, strengthen organizational leadership, and pay close attention to the implementation of tasks as an effective starting point for deepening the disclosure of government affairs. Governments at all levels should establish and improve the coordination mechanism, clarify the division of labor, and consolidate their responsibilities. As the organization and coordination department, the government office (room) should work with the departments of development and reform, industry and information technology, finance, land and resources, environmental protection, housing and urban construction, transportation, water conservancy, agriculture, commerce, health and family planning, auditing, state-owned assets supervision and management, taxation, forestry, railways, civil aviation and other relevant regulatory agencies for public resources transactions.

(2) Strengthen supervision and inspection.

Governments at all levels should regularly check the disclosure of government information in the field of public resource allocation, mainly including the disclosure of government information, the time limit for disclosure, and the submission and disclosure of information mastered by trading platforms. All relevant departments shall report the progress of work in this field to the competent department of government affairs disclosure at the same level every year, and publish it in the annual report of government information disclosure, and accept the supervision of the public and news media.

(3) Do a good job in assessment.

Local governments at all levels should, in accordance with the relevant provisions of the performance appraisal of government affairs openness, incorporate the government information disclosure in the field of public resource allocation into the performance appraisal scope of government affairs openness, strengthen the appraisal, and explore the introduction of a third-party evaluation mechanism to promote the effective development of the work. Establish and improve the incentive and restraint mechanism. Those who fail to perform their public duties in accordance with relevant regulations and requirements should be informed criticism and reflected in the annual assessment; Outstanding achievements in the work, give notice of praise.

the General Office of the State Council            

December 19, 2017          

(This piece is publicly released)

Pawar has scored 6 goals in various competitions this season, setting a new career high.

Live broadcast: On March 11th, the game between Bayern and augsburg is underway. Bayern is currently leading 3-1, and pawar scored twice, scoring a goal to overtake the score and expanding the lead.

Statistics show that pawar has scored 6 goals for Bayern in various competitions this season, setting a new record for his single-season goals.