CCTV News:Recently, smog has resurfaced in Huanghuai and other places in North China. The Central Meteorological Observatory predicts that today (18th) will be the most serious day of this round of smog in Huanghuai and other places in North China, with severe haze in 7 provinces and cities. It is expected that the smog in the above areas will gradually weaken or dissipate from the 19th.
In addition, the process of heavy snowfall in northern Xinjiang is coming to an end. Starting from the 20th, the strongest cold air will come in the second half of this year, and the temperature in most parts of China will plummet. North China, Huanghuai and other places may usher in snow at the beginning of this winter.
Early warning: severe haze in 7 provinces and cities and strong fog in 5 areas
The Central Meteorological Observatory continued to issue a yellow warning of haze at 6 o’clock this morning. Today, from day to night, there are moderate haze in parts of central and southern Beijing, Tianjin, central and southern Hebei, northwestern Shandong, central and northern Henan, central Shanxi and Guanzhong, Shaanxi, and severe haze in some areas.
△ Beijing sounded an orange warning of heavy pollution (Photo: vision china)
However, from the morning of the 19th, due to the influence of cold air, the haze in the northern region will gradually weaken or dissipate from north to south.
The Central Meteorological Observatory also issued a foggy yellow warning at 6 o’clock this morning. From this morning to this morning, some areas in the eastern Sichuan Basin, central Jiangxi, southern Hunan, northern Guangdong, northern Zhejiang and other places have strong fog with visibility less than 200 meters, and local areas have extremely strong fog with visibility less than 50 meters.
In the second half of the year, the strongest cold air will come to Huanghuai, North China to welcome the first snow
Since November 10th, heavy snowfall has frequently occurred in northern Xinjiang, and some areas have continuously set a record for the deepest snow in November. It is expected that the snowfall in northern Xinjiang will weaken today, and this round of continuous heavy snowfall will end. However, under the continuous influence of cold air, the temperature will collapse. Take Urumqi as an example. In the next three or four days, the local daily maximum temperature will drop below -10℃.
The Central Meteorological Observatory predicts that there will still be small to medium snow or sleet in eastern Inner Mongolia, the central part of Northeast China, and the Ili Valley in Xinjiang from day to night. Among them, there are heavy snow in parts of northeastern Inner Mongolia, southwestern Heilongjiang and central Jilin. Affected by cold air, the temperature in the northeast of Xinjiang, the eastern part of northwest China, North China, Northeast China, Huanghuai and other places will also drop by 4 to 8 C from today to the 20th, with the local temperature drop in the central and eastern Inner Mongolia and the southern part of Northeast China reaching more than 10 C. The above areas are accompanied by northerly winds of 4~6.
In the next five or six days, the south will be affected by warm and humid air currents, and there will be more rainy weather in Jiangnan, Jianghuai and Jianghan. Among them, there were small to moderate rains in Jiangnan and South China on the 19th, and there was heavy rain in the local area. In addition, there will be a cold air invading China from 20 to 24, and it is likely to be the strongest cold air in the second half of the year. Affected by this, the temperature in most parts of China plummeted, and the first snowfall this winter is expected in North China, Huanghuai and other places.
This winter is particularly cold? Experts predict that this winter may be a "cold winter" in China.
The source of weather changes is often far away. Meteorologists have judged that the winter of 2016/2017 may be a cold winter in China, which is rooted in the melting changes in the Arctic and the "La Nina event" in the equatorial Middle East and Pacific Ocean.
Experts say that after the rapid melting of Arctic sea ice, the albedo (the ratio of reflected flux to incident flux of solar radiation) decreases, and more energy is stored in the ocean. On the one hand, it will accelerate the melting of ice, on the other hand, more energy will be transmitted from the ocean to the atmosphere, changing the air pressure difference between the Arctic region and the mid-latitude region, and bringing cold air from the Arctic region to the mid-latitude region. The effect of the rapid melting of Arctic sea ice on the temperature is the so-called "warm Arctic-cold continent". The decrease of Arctic sea ice is closely related to the winter temperature and precipitation in China, which will lead to the increase of extremely cold temperature in winter and the appearance of cold winter.
On the other hand, the SST in the equatorial Middle East Pacific entered La Nina state in August, and "took over" the previous super El Ni? o event. Monitoring shows that La Nina is expected to last until winter, which has a great impact on the winter temperature in China.
La Nina is a phenomenon that the sea surface temperature in the equatorial, Middle East and Pacific Ocean is unusually cold, which causes abnormal atmospheric circulation and affects the global climate. At present, the entire equatorial Middle East Pacific is in La Nina state, and it is expected that a weak to moderate intensity La Nina event will be formed in December. When La Ni? a state or La Ni? a event occurs, it is easy to be cold in winter in China. (Source: CCTV News, China Weather Network, Xinhua News Agency)
Original title: This special reunion dinner is really delicious!
"Today’s annual meal is very fragrant and warm." On January 30, after eating a special reunion dinner at school, Wang Tongbang, a 2021 graduate student of the Department of Artificial Intelligence Education of Huazhong Normal University, said with emotion.
This year, a total of 161 students from Huazhong Normal University stayed in school for the New Year. On the day before New Year’s Eve, the school invited the students’ representatives who stayed in school during the winter vacation to have a "group annual banquet" and sent the students a New Year gift package and warm wishes. Although this special "Group Year Banquet" took the form of distributing box lunches and scattered meals, the students still lamented: "It smells good!" "I also feel at home when I stay in school for the New Year."
In a conference room in the Nanhu complex of the school, representatives of teachers and students communicate while eating lunch boxes. "I wish the students a prosperous and prosperous Year of the Tiger, and learn something!" The school leaders sent New Year greetings to the students who stayed in school for the New Year, asked about their study and life, and told everyone to pay attention to safety precautions, strengthen physical exercise, and communicate with family and friends more. If you encounter difficulties in life during your stay in school, the school will provide you with all kinds of help in time.
On the same day, Huazhong Normal University also prepared lunch boxes, Chinese New Year gift packages and Chinese New Year red envelopes for the students who did not attend the group annual banquet at the scene, which were collected by the heads of various training units and sent to the students’ dormitory. The delicious food and the warm words of the teachers moved the students deeply.
"Although I haven’t seen my family, it is also a special experience and growth opportunity for me to stay in school for the New Year." Yun Tianrun, a 2020 undergraduate from the School of Psychology in Hong Kong, said.
Li Bairong, a 2019 undergraduate from the School of Computer Science, is from Taiwan Province. He said that he was used to living in Wuhan and wanted to feel the Spring Festival in Hubei this year.
After receiving the gift package, Xing Xu, a 2018 doctoral student of China Rural Research Institute, said: "The concern and condolences of the school made me deeply feel the’ temperature of Chinese teachers’. Wuhan is very cold after the snow, but my heart is warm. Guizishan is my home in Wuhan. "
The reporter learned that in order to ensure that the students staying in school have a warm and happy New Year, in addition to ensuring normal meals during the winter vacation, Huazhong Normal University also provides free meals for the students staying in school from New Year’s Eve to the second day of the first month.
Hubei Daily All-Media Reporter Han Xiaoling Correspondent Wu Yan Party Botao
(Photo taken by correspondent Chen Xichang)
Source: Hubei Daily
CCTV News:The Qingming holiday will start tomorrow. What’s the weather like during Qingming? Where is the traffic jam? Let’s look at the service information of Qingming holiday.
I. Weather conditions in various places
There is much rain in the south, and the temperature rises first and then falls.
According to the Central Meteorological Observatory, on the whole, during the Qingming holiday, the south really responded to the saying that "it rains in the Qingming period".
On the 4th, there were moderate to heavy rains, local heavy rains and scattered short-term heavy rainfall in parts of south-central Jiangnan and central and western South China. From the 6th, sunny weather will gradually return to the south, and the temperature will gradually rise above 25℃.
The highest temperature in Hangzhou, Changsha and Nanchang will approach or reach 30℃ on the 6th, and the lowest temperature will be around 15℃ in the morning and evening. However, after the holiday, with the influence of cold air spreading southward, the temperature in the south will drop sharply again, with obvious fluctuations, which requires special attention.
The temperature in the north will experience a roller coaster.
From the 4th, many places in the north will have the hottest day this year. For example, today, the highest temperatures in Beijing, Tianjin and central and southern Hebei will generally rise above 25℃, and the highest temperatures in many places will reach 27-28℃. Tomorrow, the temperature in Hohhot, Taiyuan and Yinchuan will reach a new high, and the highest temperature in Xi ‘an is expected to rise to 30℃ on the 5th, which will be the first provincial-level city in the north to reach 30℃ this year, while the highest temperature in Xi ‘an will even exceed 30℃ on the 6th and 7th.
However, due to the influence of a new cold air, there will be obvious cooling in eastern Inner Mongolia, northeast China, Beijing-Tianjin-Hebei and other places from tomorrow, especially in Beijing-Tianjin-Hebei. Today, the temperature will rise to the highest point this year, and tomorrow, the temperature will generally drop to the early 20℃, and the temperature fluctuates greatly, just like a roller coaster.
It is worth noting that in recent days, most of the north has high temperature, little precipitation, dry air and dry things, and the meteorological grade of forest fire danger is extremely high. Tomorrow will be the first day of the Qingming holiday, and the peak of sweeping and hiking activities will come.In Beijing, Tianjin, Hebei, Shanxi, Sichuan, Yunnan and other places, the meteorological level of forest and grassland fire is high or extremely high. Local people must pay special attention to the safety of using fire in the wild and civilized sacrifices to prevent fires..
Second, the traffic situation
From 0: 00 on April 5 to 24: 00 on April 7, the national expressway continued to implement the toll-free policy for small passenger cars with 7 seats or less, and the Ministry of Transport released the travel forecast for Tomb-Sweeping Day this year.
The overall traffic flow is tidal.
It is estimated that the traffic flow of the national highway network and the national expressway network will increase as a whole from April 4, 2019 (the day before the holiday). During the holiday, the traffic flow is obviously higher than the working day level, and the hourly traffic flow is generally tidal, with obvious peaks in the morning and evening, with traffic peaks appearing at around 9-11 am and 15-17 pm every day. It is estimated that the traffic flow of the national highway network will reach its peak at around 9-11: 00 on April 5 (Qingming Day, the first day of the holiday), and there will be a peak of holiday travel; On April 7 (the last day of the holiday), around 17-19 o’clock, a small return peak was formed; On April 8 (the first working day after the festival), it returned to the daily level.
Which areas and sections are congested?
During the Qingming holiday, it is estimated that the areas with large traffic volume and serious congestion are mainly concentrated in Beijing-Tianjin-Hebei, Yangtze River Delta, Pearl River Delta, Chengdu-Chongqing and other places, and the sections with large traffic volume are mainly concentrated in the expressways entering and leaving the city in big cities, the expressways at urban airports and the local sections of highways leading to cemeteries and popular scenic spots. During the departure and return phases, it is expected that there will be different degrees of congestion in the main passage sections of Beijing, Shanghai, Guangzhou, Chengdu, Chongqing and other big cities, the inbound and outbound sections of the surrounding expressway network, and some bottleneck sections with low traffic capacity.
During the Qingming holiday, the regional distribution of the traffic volume of the national highway network is quite different. The Yangtze River Delta, Pearl River Delta, Beijing-Tianjin-Hebei and Chengdu-Chongqing regions with large population, developed road network and high economic level are still areas with large traffic volume, mainly concentrated in Shanghai, Jiangsu, Zhejiang, Guangdong, Hunan, Beijing, Hebei, Shandong, Henan, Sichuan and other provinces (cities).
Third, go for a walk and enjoy the flowers
The Qingming small holiday is also a good time to travel. In the choice of tourist destinations, the data shows that among the five popular scenic spots for driving in China during Tomb-Sweeping Day,Hangzhou West Lake Scenic Spot has the highest travel heat, followed by the ancient town of xitang Scenic Spot, Fenghuang Ancient City Scenic Spot, China Baili Rhododendron Scenic Spot and Luoyang Longmen Grottoes..
In spring, there is a kind of flower that is particularly popular. As long as it is in the flower viewing season, major parks can start the mode of "conformity" almost every day.
This is the cherry blossom that often appears in various TV dramas and cartoons, with its own "romantic gene".
In recent years, every time the cherry blossoms are in full bloom in March and April, there is always a cherry blossom viewing craze all over the country. Take Wuhan this year as an example. In March, the number of people who registered for the cherry blossom tour in Wuhan through the tourism platform increased by 40% year-on-year. On the first weekend after the cherry blossoms were in full bloom, the flow of people in more than 20 cherry blossom viewing areas such as Wuhan University, Donghu Cherry Blossom Garden, Qingliangzhai and Dijiao Park exceeded 300,000.
During the small holiday, do you want to go to a cherry blossom viewing appointment with your friends? Today, CCTV News sends you a "Raiders" to enjoy cherry blossoms, and let’s get to know them together.
Producer/Editor-in-Chief Yang Jihong/Wang Xingdong
Editor/Jiang Anqi Hu Mengyu
Every AI news, recently, Sao Paulo, Brazil’s largest city, has suffered from severe storms many times. On the afternoon of January 9, local time, the emergency management center of S? o Paulo issued a flood warning, announcing a state of flood alert. As of 18: 00 on the same day, strong storm weather has caused more than 300 tree collapses in the city. In addition, the strong wind also caused damage to the power grid in Sao Paulo, causing power outages in many urban areas. In the south of the city, a man was electrocuted after being hit by a broken cable on the 9th. (CCTV News)
According to the provincial and municipal air quality forecast and consultation results, Zhengzhou will experience a round of moderate-severe pollution from January 11th. According to the requirements of joint prevention and control of heavy polluted weather in Henan Province and the Notice of the General Office of Zhengzhou Municipal People’s Government on Printing and Distributing the Emergency Plan for Heavy Polluted Weather in Zhengzhou City (Zheng Zheng Ban [2023] No.43), Zhengzhou issued a yellow warning for heavy polluted weather, and started the Class III response of heavy polluted weather at 18: 00 on January 10, 2024.
During the yellow warning period, citizens should do a good job in health protection. Children, the elderly and susceptible people with cardiovascular and cerebrovascular diseases and respiratory diseases should stay indoors, and protective measures should be taken if they really need to go out; The general population should reduce outdoor sports and outdoor work time. If it is inevitable, it is recommended to take protective measures.
Advocate public green consumption and green travel, try to travel by public transport or electric vehicles, stop the car in time, and reduce the idle running time of the vehicle; Advocate public green life and reduce energy consumption.
Relevant departments should implement emission reduction measures for industrial sources, dust sources, mobile sources and non-point sources. Including the National Fourth Diesel Truck, it is forbidden to drive into the south of the North Fourth Ring Road (Dahe Road, excluding this road), the west of the East Fourth Ring Road (including this road), the north of the South Fourth Ring Road (including this road), and the east of the West Fourth Ring Road (even Huo Expressway is not allowed in the area).
This round of early warning is expected to be lifted on January 15, and the specific lifting time is subject to the official notice according to the results of the consultation and judgment.
(Zhengguan journalist Qi Qijuan trainee reporter Huang Qiyue)
Working during the day and attending classes at night has become a fashionable nightlife for young people in Hangzhou. Recently, from Shanghai to Hangzhou, a large number of young people choose to go to night schools after work. What courses are there in these night schools? How did you sign up? Let’s get to know each other!
Shake the number to generate admission places
Since September this year, Zhejiang Cultural Center has opened a series of autumn public welfare courses of "Beautifying Literature and Art" National Art School, which is located in Zhejiang Cultural Center of West Lake Cultural Square.
In addition to the most popular beauty class, there are 69 courses such as cello, violin, Latin dance, ballet, Hangzhou dialect popularization, sorting and storage, calligraphy, Chinese painting, Beijing opera, photography and buckle skills, all of which are trained by special teachers.
All these courses are free for public welfare, and most of them have 8 classes, once a week. The most popular classes that need to be rushed are mainly concentrated in the prime time from 7: 00 to 8: 30 every night, so they are called "night classes" by many people.
Once the night school was opened, it became a hot cake, and the registration was particularly hot. At present, these public welfare courses are registered through the "Zheli Cultural Circle" applet, and the admission results are generated by random lottery.
According to the registration page of "Zheli Cultural Circle", only 30 places enrolled in the beauty class flooded into 1700 people, with an admission ratio of 56: 1. Most of the people who come to night school are young people born after 90.
However, just recently, the Provincial Cultural Center issued a "missing" strategy-if there are students taking time off, the staff will make statistics in advance and publicly release the vacant places as experience class places. Citizens who have not shaken the number can pay attention to the "Little Front Desk of the Cultural Center" account in time or call the official hotline 0571-87083278 for consultation and registration!
On the evening of November 4th, the students walked into the "night school" in Zhejiang Cultural Center.
These courses are the most popular
Huang Ying, the teacher of the beauty class, is a national senior makeup artist and beautician. She has a full schedule during the day, but she also cherishes the one-and-a-half-hour evening class every week. She also feels relaxed and happy to see so many young people on time for appointments every week.
The violin class is in the classroom next to the beauty class. Violin and other musical instruments are provided to the students for free. Many people will ask for detention after class, just to practice more.
The class is over at 8: 30 in the evening, and many students will be around the teacher, hoping to help. The teacher is also very patient and willing to accompany the students to "drag the class".
Popular courses that are highly sought after, as well as the "sorting and receiving class" on Friday afternoon. Zhang Ying, a teacher, is a professional organizer, which is also a new profession in recent years. In every class, she has to repeatedly emphasize the essence of reception with the students, that is, to balance the relationship among people, things and space. In other words, it is not easy to tidy up the house, which should be clean and tidy as well as scientific and reasonable.
On weekdays, the "night school" is full of popularity, and on weekends, the Zhejiang Cultural Center is more lively.
For example, the "Hangzhou dialect popularization class" every Saturday night is a newly added course this fall. The teacher is Gao Renfei, a post-95 boy. Over the years, as a linguistics major, he has been devoted to exploring and studying Hangzhou dialect in a systematic way.
From theory to practice, Gao Renfei taught everyone the basic intonation of Hangzhou dialect in an easy-to-understand way in class. The students are from all over the world-Beijing, Chengdu, Sichuan, Yantai, Shandong, Quzhou, Zhejiang, Yichun, Jiangxi and other places, and even "foreign students" from the United States, Zambia and Russia.
At the end of this year, Zhejiang Cultural Center will hold a series of performances of "Beautifying Literature and Art", and outstanding students will have the opportunity to perform on stage. And those relatively static courses, such as buckle, embroidery, calligraphy, painting, etc., also have the opportunity to exhibit excellent works.
Someone took the high-speed train to Hangzhou to attend classes.
In fact, a hard-to-find public welfare course has actually been available since 2014. The Zhejiang Cultural Center conducts public welfare course training every spring, summer and autumn to recruit students from the society. Only in the past, most of the people who came to participate in this kind of training were older citizens and teenagers.
This year, things have changed Working during the day and attending classes at night, these courses attract more and more office workers and young people. There are even young people in Jiaxing and Huzhou who are willing to take the high-speed train to class after work every week.
Violin class
Latin dance class
Zumba aerobic dance ban
Students in Beijing Opera class practice their vocalization by biting chopsticks.
Netizen commented that this is a children’s palace for adults, and the sense of relaxation in class can be used to iron out the folds of life.
Here, at first, no one knew anyone, but because of the same interests, these people who came from all over the city got together on a fixed night every week and spent a special "night school" time. In the beauty class, the only male student volunteered to be the monitor of the beauty class, and some students said that their social fears for many years would be cured.
Night school is also the memory of a generation in Hangzhou.
The word "night school" is actually very chronological. In the 1980s and 1990s, it was all the rage in China, including Hangzhou.
This is a memory that belongs to a generation. In the early days of reform and opening-up, it was difficult to get into universities. Some young people who are already employed and eager to continue their studies will join TV University, Night University and Correspondence University after work to continue their studies.
Youth night school in the 1980s
Different from the "night school" courses which mainly focus on literary interests, the night school was mainly about teaching subjects, such as junior high school, junior high school and junior college, and some courses to upgrade professional skills, such as electrician knowledge, electronic technology, mechanical drawing, mold design, etc., all of which had corresponding graduation exams and formal diplomas. Generally, some classrooms in primary and secondary schools are borrowed to attend classes, just like going back to campus again, and everyone’s enthusiasm for going to night school is very high.
Did you go to "night school"?
Are you interested in such "night school" classes?
If given the chance, which course would you like to study most?
Welcome to the comment area to leave a message for interaction.
Information/Orange Persimmon Interactive City Express, Provincial Cultural Center
Photography/Chen Zhongqiu
Original title: "Sudden fire! The nightlife of young people in Hangzhou is too rich.
Our reporter Zhang Jingchao reports from Beijing.
On the evening of December 12, WANDA CINEMAS announced that WANDA CINEMAS’s indirect controlling shareholder, Beijing Wanda Cultural Industry Group Co., Ltd. (hereinafter referred to as "Wanda Culture") and its wholly-owned subsidiary, Beijing Hengrun Enterprise Management Development Co., Ltd. (hereinafter referred to as "Beijing Hengrun"), and the company’s actual controller, Wang Jianlin, Signed the Equity Transfer Agreement on Beijing Wanda Investment Co., Ltd. (hereinafter referred to as "Equity Transfer Agreement") with Shanghai Ruyi Investment Management Co., Ltd. (hereinafter referred to as "Ruyi Investment"), and planned to transfer 51% equity of Beijing Wanda Investment Co., Ltd. (hereinafter referred to as "Wanda Investment") to Ruyi Investment. According to the Equity Transfer Agreement, the total transfer price was RMB 2.155 billion.
If the above transaction is finally implemented, Ruyi Investment will hold 51% equity of Wanda Investment, and Ke Liming, as the actual controller of Ruyi Investment, will indirectly control 20% equity of WANDA CINEMAS through Wanda Investment. In addition, China Ruyi Film and Television, which is controlled by Ruyi through an agreement, holds 49% of Wanda Investment, and Ke Liming also holds 16.34% of the total share capital of China Ruyi. Wang Jianlin indirectly controls 10.9% equity of WANDA CINEMAS through Wanda Culture, Shenxian Rongzhi Xingye Management Consulting Center and Lin Ning. Colliming will eventually become the new actual controller of WANDA CINEMAS.
The reporter of China Business News learned that China Confucianism was formerly known as Hengteng Network. In October 2020, Hengteng Network wholly acquired Ruyi Film through allotment and issuance of shares and subscription of equity, with a total transaction amount of about HK$ 7.2 billion (at that time, it was about RMB 6.2 billion). However, in November 2021, with the departure of Evergrande, Ke Liming, the real controller of Ruyi Film, became the largest shareholder of Hengteng Network, while Tencent Holdings and United Resources Investment Holdings ranked second and third. In February 2022, Hengteng Network was renamed as "China Confucianism".
According to China Ruyi’s mid-year report in 2023, the company’s business mainly includes film and television drama production, online streaming platform pumpkin movies and games. After holding WANDA CINEMAS, it means that China Confucianism and Italy will open up the downstream film industry, and its strength should not be underestimated.
The whole process of transfer
Two equity transfer transactions with Ruyi Investment contributed to the change of WANDA CINEMAS’s actual controller, but in addition, Wanda Investment has transferred WANDA CINEMAS shares several times in 2023.
In April this year, WANDA CINEMAS issued the Announcement on Pre-disclosure of Shareholding Reduction by Controlling Shareholders. According to the announcement, Wanda Investment, the controlling shareholder of WANDA CINEMAS, holds 849,811,931 shares, accounting for 38.99% of the company’s total share capital. Wanda Investment plans to reduce its shareholding by no more than 65,381,064 shares through centralized bidding and block trading, accounting for 3% of the company’s total share capital. The reduction will be completed within 6 months, and the reason for the reduction is "own capital demand".
On July 12th, WANDA CINEMAS issued another announcement to remind Wanda, the controlling shareholder, to invest in the transfer of equity. According to the announcement, Wanda Investment transferred 180 million shares of the company to Lu Lili through agreement transfer, accounting for 8.26% of the company’s total share capital. Lu Lili is a legal person of Shanghai Oriental International Film and Television Culture Communication Co., Ltd. Subsequently, on July 17, Wanda Investment and its concerted action person, Shenxian Rongzhi, signed the Share Transfer Agreement on WANDA CINEMAS Co., Ltd., stipulating that Wanda Investment would transfer 177,352,994 shares of WANDA CINEMAS unrestricted shares held by it to Shenxian Rongzhi, accounting for 8.14% of the company’s total share capital.
On July 20th, WANDA CINEMAS announced that Wanda Culture, the indirect controlling shareholder of the company, transferred its 49% equity of Wanda Investment to Ruyi Investment at a transfer price of 2.262 billion yuan. After changes in equity, Confucianism and Italian Investment indirectly held 216 million shares of WANDA CINEMAS through Wanda Investment, accounting for 9.8% of the total share capital.
China Ruyi said in the announcement at that time that although Ruyi Investment would directly hold 49% of the shares of Wanda Investment, it had no intention of appointing directors to Wanda Investment and would not participate in the daily operation and management of Wanda Investment. Wanda Investment will not be a subsidiary of China Confucianism and Italy, and its financial performance will not be incorporated into the comprehensive financial statements of China Confucianism and Italy. At that time, the actual controller of WANDA CINEMAS was still Wang Jianlin, but after the signing of the Equity Transfer Agreement, the actual controller of WANDA CINEMAS will be changed from Wang Jianlin to Ke Liming.
China’s Confucianism reappears and capital operation is generous
The reporter learned from the information provided by a number of third-party organizations that WANDA CINEMAS is one of the few companies in China that has realized the integration of film and television production, distribution, cinema, film management and film projection, and its market share has also occupied the first place for a long time at the screening end. On the content level, WANDA CINEMAS is equally strong. According to public information, the "Beijing Love Story" controlled by Wanda Cinema in 2014 accumulated a box office of 406 million yuan; In 2015, the master controller produced 9 films, including Searching for the Dragon, goodbye mr. loser and Pancake Man, among which 7 films exceeded 100 million at the box office. In 2016, the master controller produced 9 films, including "Love Saint" and "Grand Prix"; In 2017, there were 16 films such as "Journey to the West" and "Master of Memory"; In 2018, in addition to the "Chinatown Detective 2" with a cumulative box office of 3.397 billion yuan, there are 10 master film projects such as "Get My Brother Away"; In 2019, there were 15 master movies including Sheep Without A Shepherd’s Flying Life; In 2021, Detective Chinatown 3, the master producer, ranked seventh in the box office list of Chinese movies with a box office of 4.523 billion yuan.
However, this year, WANDA CINEMAS’s only film projects are Space Exploration Editorial Department, Countdown Love You, Shen Jilan and Three Battalions, which will be released on December 15th. Among them, Cosmic Exploration Editorial Department has a cumulative box office of 67.043 million yuan, Countdown Love You has a cumulative box office of 26.37 million yuan, and Shen Jilan has only 4.565 million yuan. According to WANDA CINEMAS’s semi-annual financial report for fiscal year 2023, although WANDA CINEMAS achieved operating income of 6.869 billion yuan in the first half of the year, the income from cinema screening accounted for over 60%, while the income from film production and distribution and related businesses was only 202 million yuan, accounting for less than 3% of the total revenue. The cinema screening sector is undoubtedly the core asset of WANDA CINEMAS.
The momentum of WANDA CINEMAS’s projection in the cinema will help China’s Confucianism. Before Ke Liming became the actual controller of WANDA CINEMAS, China Confucianism and Italy had included three major businesses: film and television drama production, online streaming media and games. Among them, Shanghai Ruyi Film and Television Production Co., Ltd., a subsidiary, participated in films such as Hi, Mom, A Little Red Flower and Moon Man, and participated in the production of dramas such as No War in Peiping, nirvana in fire and My Fireworks on Earth. In 2023, the main films included Exchange of Life, Keeping You Safe and Warmth. China Ruyi also owns Pumpkin Movie, a streaming media platform. The business segment had 70.84 million registered members when the data was last published in 2021, of which 28.68 million were paid subscription members. The game business of China Confucianism began in 2022, and Beijing Confucianism Jingxiu Network Technology Co., Ltd. was established to lay out the game business. China Confucianism said in the announcement at that time that it would get Tencent’s support in technology, channels and funds.
Before WANDA CINEMAS changed hands, there had been many large-scale capital operations of Confucianism and Italy in China. In 2020, when Hengteng Network acquired Ruyi Film, the two sides signed a three-year gambling agreement, and Ruyi Film was required to achieve an annual net profit of 400 million yuan, 500 million yuan and 600 million yuan respectively from fiscal year 2021 to fiscal year 2023, with a profit of 1.5 billion yuan in three years. After the transaction is completed, the shareholding ratio of Evergrande and Tencent in Hengteng Network is 45.55% and 16.9% respectively. Ke Liming became the third largest shareholder of Hengteng Network, holding 12.5%.
In 2021, with a guaranteed price of 1.5 billion yuan, Ruyi Film bought out Hi, Mom’s share of the profits from the first producer, Beijing Culture. In the end, the box office in Hi, Mom exceeded 5.4 billion yuan. With this transaction, Confucianism and Italian Film successfully completed the above gambling agreement.
At the beginning of this year, among the four cornerstone investors introduced by Lehua Entertainment IPO, Sun Mass Energy, a wholly-owned subsidiary of China Confucianism and Italy, subscribed for 7.9 million US dollars in offering shares, making it the largest one.
(Editor: Zhang Jingchao Proofreading: Liu Jun)
