[Commemorating the 200th anniversary of Marx’s birth] Revisit Marx and Engels’ United Front Thought!

  The United front is a basic strategic and tactical issue of Marxism.On the basis of summing up the experience of proletarian revolutionary struggle scientifically, Marx and Engels solved the problem of proletarian self-unity and fighting for allies, and created the proletarian United front thought.On the occasion of the 200th anniversary of Marx’s birth, let’s review Marx and Engels’ thoughts on the United front.

  The proletariat must strengthen its unity.

  The unity of the proletariat itself is one of the basic problems of the proletarian United front. In order to accomplish the historical mission entrusted by history, the proletariat must first unite its own strength.Marx and Engels have always placed this issue in a very important position throughout their revolutionary careers. In 1864, International Working Men’s Association (later called "First International"), founded by Marx and Engels, was a joint organization of workers from all countries and an organization of workers’ united front. Participants in the First International include communists, Proudhon, trade unionists, co-operatives, bakunin, and so on. In the "Common Articles of Association" drafted for International Working Men’s Association, Marx fully considered the acceptance level of workers of all factions. On the one hand, he adhered to the principle of scientific socialism in content, and on the other hand, he was flexible and gentle in wording, making it a common program for workers of all countries and factions to embody the internal United front of the working class. He pointed out that one of the reasons for the founding of International Working Men’s Association was that "the liberation of the working class should be won by the working class itself", and the reason why the previous proletarian revolutionary movement "failed to receive results was because the workers in different labor departments in each country were not United enough, and because the working classes in various countries lacked close alliance with each other". "The success of the workers’ movement in every country can only be guaranteed by the strength of unity and union." Engels said: "Since the situation of workers in all countries is the same, since their interests are the same and they have the same enemies,Then they should fight together, and they should fight against the bourgeois brotherhood of all ethnic groups with the workers’ brotherhood of all ethnic groups. "The above discussion and practical activities not only illustrate the necessity and importance of unity and unity within the proletariat, but also prove the possibility of realizing this unity.

  The unity and unity of the proletariat includes two aspects: on the one hand, the unity and unity of the proletariat itself within a country, and on the other hand, the international unity among the proletariat of all countries in the world.Marx and Engels carefully investigated and analyzed the characteristics of capitalism in Europe and America in the middle and lower 19th century, which was due to the development of large-scale capitalist industry, which broke the regional division and closed-door state of natural economy in the Middle Ages and formed a unified world market. Capitalist production is no longer a national production, and capitalists exploit not only domestic workers. Proletarians all over the world have the same social status. They are all wage laborers, do not possess any means of production, and are exploited and oppressed by capitalists. In the struggle for their own liberation, they face a common class enemy — — International bourgeoisie. Based on common interests, the bourgeoisie of all countries are consistent and mutually supportive in opposing the proletariat. If a proletarian revolution occurs in a country, they will take joint action to suppress it. Therefore, the proletariat of all countries must also unite. For this reason, Marx and Engels put forward in the communist party Declaration that "proletarians all over the world, unite!" Slogan, and devoted his life to promoting the practice of international proletarian unity. For example, they reorganized the League of the Rightists into the League of Communists in 1847, guided the proletariat of all countries to take correct actions in the European Revolution in 1848, acted in the first international, and Engels acted as a consultant to the second international after Marx’s death, all of which were their practice of devoting themselves to international proletarian unity.

  On the issue of the unity and unity of the proletariat itself, Marx and Engels also expounded the relationship between ordinary proletarians and the people of communist party, as well as the unity among the workers’ political parties. They pointed out: communist party people are not special political parties opposed to other workers’ political parties, and they have no interests different from those of the proletariat as a whole. "The differences between communist party people and other proletarian political parties are as follows: on the one hand, in the struggle of proletarians in various countries, communist party people emphasize and adhere to the common interests of the entire proletariat regardless of nationality; On the other hand, communist party people have always represented the interests of the whole movement at all stages of development experienced by the struggle between the proletariat and the bourgeoisie. " In September 1871, at the First International London Delegate Conference, Marx and Engels also pointed out that the Paris Commune was "an alliance of all organizations and factions in the working class against the bourgeoisie" based on the experience of the Paris Commune. It shows that the working class can only act as a class if it is organized as an independent party opposed to all the old political parties established by the bourgeoisie in its struggle against the joint power of the bourgeoisie. That is to say, if communist party does not unite with other workers’ parties, it will affect the extensiveness of the internal unity of the proletariat, so if there is no independent proletarian party, it is impossible to truly realize the unity and unity of the proletariat itself.

  In the process of revolution, the proletariat should strive to form alliances with other classes, political parties and social forces that can participate in the revolution.

  In order to realize its historical mission, eliminate class and class differences and finally realize communism, the proletariat should not only realize its own unity and unity, but also unite the vast number of allies.

  The proletariat must unite with the peasants.Marx and Engels pointed out that in the struggle against capitalism and all exploitation systems, the proletariat must first unite with the peasants. "The exploitation of farmers and the exploitation of the industrial proletariat are just different in form. The exploiters are the same: capital. " Similar economic status and common political requirements are the solid foundation of the workers-peasants alliance; It is the common interest of the workers and peasants to get rid of the exploitation and oppression of capital. Whether the proletariat can form an alliance with the broad masses of peasants is always the key to the success or failure of the revolution. The important reason for the failure of the European Revolution in 1848 and the Paris Commune in 1871 was the failure to solve the problem of the workers-peasants alliance. When summing up the experience of the revolution in 1848, Marx pointed out: Before the revolution made the peasants and petty bourgeoisie "recognize the proletariat as their vanguard and move closer to it, the French workers could not move forward and touch the bourgeois system at all." On the contrary, if the peasants support it, "the proletarian revolution will get a chorus. Without this chorus, its solo in all peasant countries will inevitably become a lonely and mournful." Only by winning over the broad masses of peasants, "can we win a lasting victory", and they also pointed out that when the proletariat rises to the ruling class, it should also adhere to the alliance with peasants.

  The proletariat must unite with the urban petty bourgeoisie.In the works of Marx and Engels, the urban petty bourgeoisie is usually regarded as "petty bourgeois democrat" or "democratic petty bourgeoisie". In the second half of 19th century after the establishment of scientific socialism, petty-bourgeois democrats have always been an important political force active in the political arena of some major capitalist countries in Europe and America. It not only has a deep foundation among urban residents, but also many farmers, including the rural proletariat, which has not been supported by the urban proletariat, have followed it for a long time. Therefore, if the proletariat wants to effectively fight against capitalism and all exploitation systems, it must pay attention to uniting these forces. Marx and Engels believed that the revolutionary workers’ party should adopt the following attitude towards the petty-bourgeois democrats: "Go together with the petty-bourgeois democrats to oppose the factions that the workers’ party wants to overthrow;" When the petty-bourgeois Democrats want to consolidate their position for personal gain, they must oppose it. "

  The proletariat must unite with the bourgeoisie in the struggle against feudalism.In the modern history of the world, when the European proletariat took the lead as an independent political force on the historical stage, the bourgeois democratic revolution against feudalism in most European countries has not yet been completed. In this way, in a feudal monarchy country, the enemy faced by the proletariat is, first of all, the reactionary feudal class, which is behind the bourgeoisie. According to the social class situation at that time, Marx and Engels believed that the bourgeois revolution was the direct prelude to the proletarian revolution, and it would be impossible to realize the proletarian revolution without first completing the bourgeois democratic revolution and overthrowing the feudal system. Therefore, they declared to the proletariat all over the world: "communist party people everywhere support all revolutionary movements against the existing social and political systems." It is argued that the proletariat will not hesitate to support the bourgeois struggle against feudalism. As they pointed out when talking about the situation in their hometown of Germany: "As long as the bourgeoisie takes revolutionary action, communist party will join it in opposing absolute monarchy, feudal land ownership and the reactiveness of ordinary citizens."

  In the era of Marx and Engels, the proletarian revolution was intertwined with the bourgeois national democratic revolution. The above-mentioned views of Marx and Engels on the proletariat uniting with the petty bourgeoisie and the bourgeoisie have actually included the idea of the proletariat uniting with the petty bourgeoisie and the bourgeois democratic parties. The communist party Declaration pointed out: "communist party people are striving for unity and agreement among democratic political parties all over the world." According to this principle and the situation in Europe at that time, Marx and Engels also elaborated the policy that communist party people should adopt towards democratic political parties in different countries and under different conditions. For example, in France at that time, communist party people should unite with the socialist democratic party of the petty bourgeoisie to oppose the bourgeoisie; In Switzerland, communist party people should support radical bourgeois parties to oppose monks and nobles and carry out democratic reforms; In Poland, the people of communist party should support the revolutionary democratic party that launched the Krakow Uprising in 1846 and its struggle for national independence and agrarian revolution.

  Marx and Engels put forward the strategic and tactical principles of the United front, which not only provided powerful ideological weapons for the proletariat, but also they themselves were outstanding practitioners of these principles.During the German Revolution in 1848, they participated in the editing of New Vegetable Newspaper as Democrats, and successfully cooperated with bourgeois and petty-bourgeois Democrats during the running of the newspaper. Later, when Engels talked about the importance of this alliance, he pointed out that if we didn’t do it at that time, "then we would have to publicize communism in a tabloid in a remote place and have to create a small Sect instead of a huge action party."

  Proletarian political parties must maintain their independence when uniting with other classes and political parties.

  Proletarian political parties maintain their independence when forming alliances with other classes and political parties, including ideological and political independence and organizational independence, which is the embodiment of the advanced nature of the proletariat and the inevitable requirement of its advanced nature.When talking about this advanced nature, Marx and Engels pointed out: "In practice, communist party people are the most determined part of the workers’ political parties in various countries and always push the movement forward; Theoretically, their superiority over the rest of the proletariat lies in their understanding of the conditions, process and general results of the proletarian movement. " This advanced nature of the proletarian political party determines that it always represents the future of the movement even when it unites with other classes and political parties to fight for the recent goals and interests of the working class. Therefore, when communist party people unite with the revolutionary petty bourgeoisie to oppose the bourgeoisie, "it does not give up the right to take a critical attitude towards those empty talks and fantasies that have emerged from the revolutionary tradition"; When communist party people unite with the bourgeoisie to oppose the feudal system, "they don’t neglect to educate workers as clearly as possible to realize the hostile opposition between the bourgeoisie and the proletariat"; Proletarian political parties, when acting jointly with political parties of other classes, "must be based on the premise that the proletarian nature of the party will not cause problems."

  Marx and Engels’ thought of maintaining the independence of proletarian political parties also contains the leadership of the United front.When the proletariat and its political parties form alliances with other classes and political parties for certain political purposes, they are faced with the question of whether you lead the allies or the allies lead you. This is related to the fundamental direction and road of the United front, that is, to the leadership of the United front. Proletarian political parties must maintain their independence, that is, independent thoughts, theories, policies and programs, independent organizations and actions, and maintain the right to criticize their allies. If we lose this independence, we will lose the leadership of the United front. This is self-evident to Marx and Engels. Moreover, they believe that there are conditions for the proletariat and its political parties to unite with other classes, political parties, groups and forces, and once these conditions are destroyed, the alliance will be dissolved immediately. Marx and Engels resolutely opposed the kind of alliance that might damage the independence of the proletariat and lose its principles.

  Marx and Engels were the founders of the proletarian United front, and they laid the theoretical and strategic foundation for the proletarian United front, thus providing theoretical guidance for the international communist movement that flourished in the second half of the 19th century.As a valuable spiritual heritage of the world proletariat, its basic ideas and principles were inherited and developed by Lenin in the late 19th century and 20th century, and further developed in China’s revolution and construction.

The way of "counterattack" of domestic folding screen mobile phones: focusing on user needs and hitting the core technology

Global Network Science and Technology Report?journalist?LindyAccording to the data of IDC’s global quarterly mobile phone tracking report, the global smartphone shipments in the third quarter of 2022 decreased by 9.7% year-on-year to 301.9 million units, among which the domestic mobile phone shipments with folding screens exceeded 1 million units, an increase of about 246% year-on-year, setting the largest single-season shipment in history. As an innovative model integrating many advanced technologies, the shipment and sales volume of folding screen mobile phones continue to expand, achieving contrarian growth. Guo Tianxiang, an analyst at IDC, believes that the folding screen mobile phone market will be further opened in 2023, and the sales volume will increase year by year.

(Data from IDC)

In the context of the contrarian growth of folding screens, it has become the consensus of the global smart phone industry to launch the folding screen mobile phone market. At present, domestic mobile phones also continue to invest in this track, and gradually break through in key technologies, and the upstream and downstream of the industrial chain have also increased.

withUser Experienceforfoundationgo onCore technological innovation

Compared with ordinary smart phones, the folding screen mobile phone has a larger screen like a tablet computer, and it is as easy to carry when folded, that is, the folding screen mobile phone combines a tablet computer with an ordinary smart phone, which is convenient for people to work, study and entertain. However, compared with ordinary smart phones, folding screen phones have added key components such as flexible screens and hinges, which increases the weight and costs greatly, making the price of folding screen phones higher than that of ordinary high-end smart phones.

The Report on Market Development Trend of GFK China Folding Screen Smartphone released in 2022 shows that weight is still the core problem that prevents users from buying folding screen smartphones. How to "reduce weight" for folding screens while ensuring quality and experience is a difficult problem for all terminal manufacturers.

As the industry has previously reflected, the value of folding screen is seen by users, but the form of new products has also brought new frictions, such as weight, thickness and price. Users are not necessarily familiar with the use habits of folding screen mobile phones at the beginning, which increases the use threshold of folding screen mobile phones. The new value and new friction mentioned above just constitute the formula for OPPO to join the ranks for product innovation.

Zhou Yibao, product manager of OPPO Find N series, once put forward an OPPO innovative product formula, that is, the value of innovative category = (new value-new friction)+traditional value. "For the folding screen, the new value is to surpass the big screen and hovering experience of the straight board machine; The new friction is that the fuselage is overweight, the flexible screen is deeply bent and creased, and the interactive experience is not good. The traditional value is the same functional experience as the flagship straight board machine, and none of them can be less. To put it simply, it is to achieve’ beyond the experience of a straight mobile phone’-to provide more experience than a straight mobile phone, but not to increase the extra burden. "?

OPPO believes that the great pain point for users to use folding machines now is weight.

Zhang Qian, a senior engineer of OPPO’s innovative product development team, told the reporter, "The hinge (of the folding screen mobile phone) is about 20 grams. If the hinge can be made light and thin, the combined use experience will be similar to that of the straight board machine, and it will have a larger screen experience when unfolded, which will be of great help to users and the entire folding machine market. Therefore, lightness and thinness have always been our pursuit, and it is also the biggest difficulty on our way forward. "

Based on this principle, after four years and six generations of research and development, OPPO launched the first folding flagship Find N in December 2021, and it was scheduled to break through one million in just one month, becoming the second sales volume of folding mobile phones in the first half of 2022, and reaching the highest product satisfaction of OPPO so far. After a lapse of one year, OPPO released a new generation of folding flagship Find N2 series on December 15th, 2022, including the lightest horizontal folding flagship Find N2 with only 233g, and the vertical folding product Find N2 Flip with the first 3.26-inch and the largest external screen to date.

Today, OPPO Find N2 ushered in its first sale. According to the official sales data, OPPO Find N2 won the first place in the sales of JD.COM and Tmall dual-platform Android phones in full price range.

In this regard, industry analysis said that the reason for OPPO to harvest this transcript is to take the needs of users as the starting point and deepen industrial chain cooperation for joint attack. In technology research and development, we have accumulated a lot and gained a better experience in products, which can be recognized by consumers. On the other hand, OPPO’s active R&D investment in the folding screen field has also enabled OPPO to gain a greater voice in the supply chain system, which has promoted the domestic "counterattack" of China smartphones in the folding screen field, and objectively led the technological innovation and industrial progress of folding screens.

Empowering industrial chain allianceassault fortified positions?Push the industry forward

According to media reports, a few years ago, the industrial chain of folding screen mobile phones was not mature enough, which caused creases on the surface of folding screens and was criticized by consumers. These factors lead to the tepid mobile phone market in 2019 and 2020. Since 2021, the folding screen mobile phone market has begun to warm up, driving more and more manufacturers to join.

"Regarding the technology of the supply chain, in fact, OPPO’s first concern in making products is to give users a good product." In the interview, Li Mingyang, head of OPPO’s product innovation team, said that in order to do well, such as crease and weight, in fact, OPPO didn’t consider the cost at first, just wanted to do well the product and make the user experience better. "At this time, our choice of suppliers will also be the top in the industry, and everyone can cooperate with each other to make the best products. In this process, we found that the level of the whole industry is gradually improving, and then the maturity of the whole industry will get better and better, and it will become more and more complete. "

Zhang Qian explained for example: "OPPO will set a very high benchmark for the whole industry in the’ light’ of (folding screen mobile phones), which is a level that is difficult for everyone to achieve in a short time. Our weight can compete with the straight board machine. At the same time, we also have high internal goals, and we will continue to explore the weight and thickness to achieve (or approach) the standard of the straight board machine. "

Specifically, OPPO starts from two aspects: material and structure, and achieves reliability upgrade and weight reduction in parts such as screens and hinges.

On the screen side, OPPO uses multi-layer carbon fiber materials known as "black gold" as the supporting skeleton of the screen, which greatly reduces the weight. Only the screen display structure Find N2 is 34% lighter than the previous generation Find N.. In the aspect of hinge, the aerospace MIM super-tough alloy with higher strength and high-strength composite carbon fiber material are introduced to make the hinge of Find N lighter, narrower and stronger. Structurally, thanks to the introduction of high-strength composite carbon fiber, the tenon-mortise technology with China characteristics and slide rail link can be used to replace the previous rivet structure, and the hinge parts can be closely combined without using a rivet and screw. The number of hinge parts has been reduced from 136 in the first generation to 100, which is more solid in cooperation with each other.

It is understood that since 2015, OPPO and Amphenol Feifeng have jointly developed folding screen hinges (hinges). Since the establishment of OPPO folding screen products, Amphenol Feifeng has been the hinge supplier of OPPO. In the process of cooperation, OPPO defines the functions of products and key parts based on the needs of users, and puts forward a complete hinge design scheme. In the process of landing the design scheme, it carries out joint technical attack with Amphenol Feifeng on the aspects of material selection and technical process optimization.

According to the data, in 2021, OPPO’s self-developed seiko quasi-vertebral hinge was mass-produced for the first time on Find N, covering more than 240 patents. After the cooperation between the two parties, OPPO’s hinge technology iteration and project volume expansion have enabled Amphenol Feifeng to improve its talents, core equipment, production line automation and production capacity in an all-round way.

It is noteworthy that Chloe Wang, R&D director of Amphenol Feifeng, told reporters that there is no exclusive restriction on the strategic cooperation projects with OPPO. Because the cooperation mode between OPPO and suppliers has always been a concept, that is, win-win cooperation, they will choose a cooperation mode that maximizes the interests of both parties.

At present, the supply chain of folding screen is still dominated by overseas companies, but domestic companies have also achieved substitution in key components such as glass cover. OPPO maintains close communication with domestic screen manufacturers, and is committed to the exploration of technical breakthroughs in flexible OLED panels, further improving the pain points of folding screen life, crease and weight. In addition, OPPO signed a strategic cooperation agreement with Amphenol Feifeng this year. In the future, the two sides will deepen cooperation and jointly tackle key problems to promote hinge innovation and industrial progress.

According to iResearch’s Insight Report on China Folding Screen Mobile Phone Market, the estimated shipment of folding screen mobile phones will reach 4.5 million units in 2023, with a growth rate of 69.5%. It is expected that the global smartphone shipments will slowly pick up after the shipment of folding screen mobile phones reaches a certain scale in the future. In terms of sales volume, GFK Fanor predicts that the domestic sales volume of folding screens will reach 3.8 million units in 2023, with a growth rate of 90%.

From the key links of the industrial chain, the research and development of key devices, including hinges, covers and flexible panels, is an important factor to promote the further maturity of the folding screen market, including BOE BOE’s exploration in the field of flexible screens, and the layout of domestic suppliers such as Changyang Technology and Kaisheng Technology in the field of UTG glass covers. Moreover, thanks to the joint promotion of mobile phone manufacturers such as OPPO and supply chain manufacturers such as Amphenol Feifeng, the number of hinge patent applications has increased rapidly, which helps the rapid iteration and optimization of hinge design.

As the industry has said, China science and technology enterprises in the folding screen mobile phone industry chain are stepping confidently on the road of innovation.

Beautiful scenery! Take you to a glance at the ancient city of Pingyao wrapped in white (Figure)

(Beautiful China) (9) Snow falls flat.

   Yingxunmen Gate Tower and Wall in Pingyao Ancient City, taken on January 5th. On that day, Pingyao County, Shanxi Province ushered in snowfall, and the ancient city of Pingyao in the snow was wrapped in silver and picturesque. Pingyao Ancient City is one of the most well-preserved ancient county-level cities in China, and was listed in the World Cultural Heritage List in 1997. Xinhua News Agency reporter Zhan Yanshe

(Beautiful China) (2) Snow falls flat.

   On January 5, a pedestrian rode on the street of Pingyao ancient city. On that day, Pingyao County, Shanxi Province ushered in snowfall, and the ancient city of Pingyao in the snow was wrapped in silver and picturesque. Pingyao Ancient City is one of the most well-preserved ancient county-level cities in China, and was listed in the World Cultural Heritage List in 1997. Xinhua News Agency reporter Zhan Yanshe

(Beautiful China) (3) Snow falls flat.

   Yingxunmen Tower in Pingyao Ancient City (photo of drone) taken on January 5th. On that day, Pingyao County, Shanxi Province ushered in snowfall, and the ancient city of Pingyao in the snow was wrapped in silver and picturesque. Pingyao Ancient City is one of the most well-preserved ancient county-level cities in China, and was listed in the World Cultural Heritage List in 1997. Xinhua News Agency reporter Zhan Yanshe

(Beautiful China) (6) Snow falls flat.

   On January 5, tourists visited Pingyao ancient city. On that day, Pingyao County, Shanxi Province ushered in snowfall, and the ancient city of Pingyao in the snow was wrapped in silver and picturesque. Pingyao Ancient City is one of the most well-preserved ancient county-level cities in China, and was listed in the World Cultural Heritage List in 1997. Xinhua News Agency reporter Zhan Yanshe

(Beautiful China) (10) Snow falls flat.

   On January 5, the outer eaves of Yingxunmen Gate Tower in Pingyao Ancient City were photographed. On that day, Pingyao County, Shanxi Province ushered in snowfall, and the ancient city of Pingyao in the snow was wrapped in silver and picturesque. Pingyao Ancient City is one of the most well-preserved ancient county-level cities in China, and was listed in the World Cultural Heritage List in 1997. Xinhua News Agency reporter Zhan Yanshe

# Games

The new welfare version is half price.

Dear family, welcome to Xiaoxian Live Room again. Today, I will introduce the benefits of the game to you again. I hope you can find your favorite content here.

The first step is to redeem the welfare code, which contains 5000 fairy fields. In addition, there are generous rewards for daily check-in. There are big prizes for signing in for three days, seven days, fourteen days and twenty-nine days. In the first month, you can get fashion, mounts, artifacts and telepathy, and in the second month, you can get the Fairyland Award. It is recommended that you go online during the day, and you will issue unlimited time for Little Dragon Girl around 7 pm every day. You can get 500 months from Monday to Friday, 500 on Saturday and Sunday, and there will be holiday rewards when you meet festivals. Even if krypton is needed, the price in the game will be halved, but excessive consumption is generally not recommended. There are so many benefits in the game that you don’t need to spend too much extra.

Beiqing: Li Tie verbally apologize for the Football Association "I don’t want to add trouble anymore"

Live broadcast November 30th. According to Beiqing report, Li Tie himself recently found Chen Yiyuan, chairman of the Chinese Football Association, profoundly self -review and sincere apology.mean.

For Li Tie’s future, the Chinese Football Association will submit a report to the superior management department. After approval, it will announce the final result through official channels in December.

Li Tie brought the country’s feet this afternoon to the last outdoor training of this closed training at the Taihu Taihu Football Base in Suzhou.Subsequently, the team will take one day on December 1 and be collectively transferred to Shanghai on December 2 to receive "independent observation".Because some Chinese Super League teams have recently come to Shanghai to prepare for the Chinese Super League, some of the national football will directly meet with the club troops, and the national football coaching team will not arrange any collective training in Shanghai.

Seventh Avenue (00797) Affiliated to Shanghai Ling Su Establish Financial Leasing Agreement

Zhitong Finance APP News, Seventh Avenue (00797) issued an announcement that on March 15, 2022, the company indirectly wholly wholly -owned subsidiary Shanghai Ling Su and the lessor Shanghai Yuncheng Financial Leasing shall establish a financial leasing agreement. RMB 150 million sells rental assets to the lessor, and the lessor must rent the lease asset from Shanghai Ling Su at 48 months.

It is reported that rental assets include 2790 hosts, 9,800 graphics cards and 150 servers.

According to the announcement, since the cloud computing business began in April 2021, the Group has purchased various models of graphics cards, computer hosts, servers and other cloud computing accessories, so that the group can provide cloud computing services and create value for its shareholders.

The company believes that the financial leasing arrangement is the group’s additional liquidity, and the financing cost is fair and reasonable. The group can continue to use leased assets for existing cloud business, which is beneficial to the company and complies with the overall interests of its shareholders. Due to the international financial reporting standards, the transfer of financial leasing arrangements that have not actual asset value will not generate any income or losses in its comprehensive financial statements. The expected transfer agreement will be used to supplement liquidity for the group’s operations, including but not limited to the development and operation of the game business and the expansion of cloud computing business.