The user trust delayed NIO’s listing in Hong Kong, so why did it succeed by changing the "introduction listing"?

Source: Manager Media’s "Business News. Family Office" magazine

Last year, due to the "user trust" stalled Hong Kong IPO, yesterday NIO successfully listed on the Hong Kong Stock Exchange with "introduction listing".

On March 10, it was an exciting day for "NIO" automobile company. Under the pressure of delisting the US stock market, after two difficult IPO applications in Hong Kong, it finally officially listed on the Hong Kong Stock Exchange, with the stock code "9866" and the opening price on the first day was 160 Hong Kong dollars. As of press time, the market value exceeded 270 billion Hong Kong dollars.

Compare with the 8 major automakers

This time, NIO listed on the Hong Kong Stock Exchange in the form of "introduction", without raising funds. The company’s share price rose to 169.5 Hong Kong dollars on the first day of listing, and then fell sharply.

If we compare the stock price and market value of NIO’s listing with those of the top 8 domestic automakers that will be listed:

1, NIO, share price 163 yuan, market value 272.20 billion
2, XPeng Motors, stock price 111 yuan, market value 190.80 billion
3. Li Auto, share price 109 yuan, market value 225.20 billion
4, Geely Automobile, share price 11.8 yuan, market value 118.80 billion
5, GAC Group, share price of 6.6 yuan, market value 69.30 billion
6, Great Wall Motor, share price 12.5 yuan, market value 115.30 billion
7, BYD, share price 201 yuan, market value 586.30 billion
8, millet group, share price of 13.6 yuan, market value 341.60 billion, (including the Great Wall Motor, BYD, GAC Group, are Hong Kong shares)

We can find that the opening price of NIO’s listing is a few streets away from many domestic car companies that have already listed. NIO’s market value is 2.36 times that of Great Wall Motor, 4 times that of GAC Group, and 2.33 times that of Geely Automobile. NIO’s share price is close to BYD. Why are Hong Kong capital markets optimistic about NIO?

In 2019, NIO was still on the verge of bankruptcy because it could not get financing. Fortunately, it finally obtained the Hefei Municipal Government’s 7 billion investment fund to gradually get out of the predicament. In 2021, NIO delivered 91,429 new cars throughout the year, an increase of 109.1% year-on-year. In February 2022, 6,131 smart electric vehicles were delivered, an increase of 9.9% year-on-year. In 2022, NIO plans to deliver three new models, and the number of models on sale will increase from three to six. In just three years, NIO has become a leader in the field of domestic high-end smart electric vehicles in mainland China, gaining recognition from the market and investors.

Since this year, NIO’s performance in US stocks has been falling to the bottom. Experts believe that the overall valuation of new energy vehicles in the Hong Kong stock market is relatively high, so NIO’s performance in Hong Kong stocks is expected to be better than that of US stocks. But experts point out that whether NIO, which continues to lose money, can continue to gain market favor in the future depends on when it can turn losses into profits.

It is worth noting that NIO’s listing in Hong Kong coincides with the Russian-Ukrainian war, which has led to the rise in oil prices, which has brought unlimited potential to new energy vehicles, which also heralds a window for the surge in new energy vehicles.

Why "introduce listing"?

Morgan Stanley, Credit Suisse and CICC are joint sponsors of NIO’s IPO, which uses an "introductory listing" approach.

The special thing about the listing is that there is no public offering process, only shareholders apply for listing of old shares. According to the prospectus, Li Bin, founder and chairperson of NIO, holds 10.6% of the shares and has 39% of the voting rights; Tencent holds 9.8% of the shares and has 17.4% of the voting rights; Baillie Gifford & Co shareholding ratio is 6.5% and the voting rights are 3.5%.

NIO is the first Chinese concept stock to return to Hong Kong from the US in the form of an introduction in recent years. Since the introduction listing does not issue new shares to shareholders in the new market, there is no issue price set in advance. The price at the beginning of the listing of the company is determined by the market, and the opening price will be used as a benchmark for calculating the rise and fall of the stock price after that.

Why use the "introductory form" for listing? In fact, according to previous media reports, NIO submitted a listing application in Hong Kong in March 2021, but failed to obtain approval from the Hong Kong Stock Exchange, mainly due to its involvement in user trust shareholdings.

According to the announcement issued by NIO in 2019, Li Bin, founder, chairperson and CEO of NIO, established 50 million shares in his name as NIO User Trust. In the public document introducing the listing in Hong Kong, NIO stated that the main company of its user trust is NIO Users Limited, which owns 1.1% of the issued Class A ordinary shares and voting rights, and will own 22.2% of the Class C ordinary shares and voting rights. Li Bin is the founder, regulator, investment advisor and sole actual beneficiary of the company. However, the establishment of user trust has attracted attention and inquiries from the Hong Kong Stock Exchange, which has stalled NIO’s listing on the Hong Kong Stock Exchange in 2021. As a last resort, NIO had to use the "introduction listing" method to list on the Hong Kong Stock Exchange for the second time, without raising funds, to be able to list successfully.

The successful listing in Hong Kong not only reduces the impact of geopolitical factors for NIO, but also provides investors with a clearer perspective on the Chinese company. Two people close to capital markets told Caixin that NIO’s introduction to Hong Kong stocks has stimulated the "nerves" of the market, and more Chinese stocks are expected to land in Hong Kong in this way in the short term. It is reported that the second echelon of new car-making forces, such as Zero Sports Car, Nezha Automobile and WM Automobile, will also go public in Hong Kong in 2022.

It is worth mentioning that in addition to Hong Kong capital markets, NIO is also exploring the possibility of listing in Singapore. It mentioned in its prospectus recently that NIO has applied for a secondary listing by introduction on the main board of the Singapore Exchange, and the Singapore Exchange is currently reviewing NIO’s application. NIO expects that the Class A common shares will be listed on the Singapore Exchange after listing on the Hong Kong Stock Exchange, subject to obtaining all necessary regulatory approvals and complying with all applicable listing requirements.

N things to advance into a space power, do you know? – Uncovering a new blueprint for China’s space exploration dream

  Xinhua News Agency, Beijing, November 22 Question: Do you know the N things that make China a space power? – Uncovering a new blueprint for China’s space exploration dream

  Xinhua News Agency reporters, Chen Fang, Yu Xiaojie, Hu Zhe

  Tiangong, Tianyan, Wukong, Mozi… In the report of the 19th National Congress of the Communist Party of China, major breakthroughs in the aerospace field were "named". Aerospace powers "draw" a grand blueprint for building a modern socialist power in an all-round way.

  The Beidou satellite navigation system has entered the era of global networking, and the Fengyun meteorological satellite "family" has added new members… In less than a month after the 19th National Congress of the Communist Party of China, China’s aerospace activities have been frequent. Facing the future, what new wonders will China’s aerospace write?

  Long March 8’s maiden flight, rocket recycling: China’s aerospace "major project" takes over

  Aerospace powers usually have advanced space power and large-scale launches, and can carry out lunar sampling and return, Mars landing and exploration, and build and operate space stations. Behind these "landmark" events, a country’s advanced manufacturing capabilities in design, technology, and materials, as well as the ability to coordinate multi-system research such as probes, launch sites, and measurement and control.

  On November 16, the Academy of Launch Vehicle Technology of China Aerospace Science and Technology Corporation released the "2017-2045 Space Transportation System Development Roadmap", systematically planning the capacity building prospects and development blueprint of the Long March series of launch vehicles.

  The Long March 8 will make its maiden flight in 2020, the heavy launch vehicle will make its maiden flight around 2030, the launch vehicle will be fully reused around 2035, the future generation of launch vehicles will be put into use around 2040, and the ability of large-scale man-machine collaborative exploration of space will be available in 2045…

  Qin Xudong, deputy director of the General Office of the First Hospital of China Aerospace Science and Technology Corporation, introduced that the roadmap issued this time is detailed and has clear goals, whether it is hot topics such as space tourism and recyclable rockets that the public is more concerned about, or future smart rockets, manned moon landings, manned Mars landings, etc.

  In order to explore the mysteries of the starry sky, generation after generation of astronauts have continued to struggle, our country has successfully developed more than ten types of Long March series carrier rockets, forming satellites, spacecraft and other spacecraft to any orbit of the earth, with the carrying capacity to carry out lunar and deep space exploration, which has strongly supported the successful implementation of major national projects such as "manned spaceflight", "Beidou navigation" and "lunar exploration".

  The white paper "2016 China’s Aerospace" shows that since 2011, China’s aerospace industry has continued to develop rapidly, with a significant increase in its independent innovation capabilities and a significant increase in its ability to enter space.

  Wu Yanhua, deputy director of the State Administration of Science and Industry for National Defense and deputy director of the National Space Administration, said that over the past 60 years, China’s aerospace industry has achieved a series of brilliant achievements represented by "two bombs and one satellite", manned spaceflight, and lunar exploration. With China’s continuous research on key technologies such as heavy-duty rockets, non-toxic and non-polluting medium-sized rockets, and low-cost transportation rockets in the future, China’s ability to enter space will be further enhanced, and the pace of exploration of the vast universe will be faster and faster.

  Beidou to navigate, the wind and clouds to know the sky: will space tourism still be far away?

  China’s aerospace industry is getting stronger and stronger. Will the space tourism expected by ordinary people be far behind? According to the plan, suborbital space tourism will become a reality around 2025.

  In the future, commercial solid launch vehicles will work together with liquid launch vehicles to provide users with diverse, low-cost, and highly reliable commercial launch services such as "space hitchhiker", "space shuttle", and "VIP special car", providing a richer range of vehicles for humanity to jointly explore the universe.

  Tang Yagang, president of China Aerospace Science and Technology Corporation’s First Institute Rocket Company, introduced that by around 2035, our country’s launch vehicles will be fully reused, and more ordinary people can take two-stage reusable vehicles to travel in space, enjoy the vastness of space and the splendor of the earth in the earth’s orbit, and realize the dream of flying.

  Whether it is the Beidou-3 satellite that "shocks the world" or the Fengyun-3 satellite that "watches the wind and clouds and knows the sky", a batch of "high-end" aerospace technology has gradually been "transformed" into a convenient "welfare": no matter where you are, "Beidou" will help you navigate; without leaving home, "Fengyun" will help you know the sky; surfing the Internet and making phone calls in a plane at an altitude of 10,000 meters is no longer a dream.

  On November 15, our country’s first interferometric hyperspectral greenhouse gas monitor, the Suifengyun-3 satellite, successfully entered the scheduled orbit of space. This "eye" can not only observe a variety of atmospheric components, but also detect the change in the concentration of carbon dioxide in the air by 4 parts per million, making it a powerful tool for scientists to study the carbon cycle. In its birthplace, the 508 Institute of the Fifth Academy of China Aerospace Science and Technology Corporation, it is understood that it has ranked 156th among the "brothers and sisters" of remote sensors that enter space and operate in orbit from here.

  "China’s aerospace industry has long been more than just a representative of the’tall ‘." Gao Hongwei, chairperson of China Aerospace Science and Industry Corporation, believes that the needs and calls of the people are the voice of the times for scientific and technological progress and innovation. At present, more than 2,000 aerospace technology achievements in our country have benefited the national economy and people’s lives.

  Mars and asteroids take turns to appear: the mystery of the starry sky never stops

  Facing the future, there are still many "big moves" in our country’s aerospace industry. According to the relevant person in charge of the National Space Administration, in addition to continuing to implement existing projects, a number of new major aerospace projects will also be launched one after another, including deep space exploration projects represented by Mars exploration, asteroid exploration, planetary crossing exploration, and the much-watched "moon exploration project".

  Lei Fanpei, chairperson of China Aerospace Science and Technology Corporation, said that by 2020, our country strives to achieve more than 200 spacecraft in orbit and about 30 launches a year, basically reaching the level of the world’s aerospace powers.

  "At present, 30% of our country’s aerospace technology indicators have reached the international first-class level. By 2030, we will strive to increase this figure to 60%, ranking among the top aerospace powers in the world; by 2045, we will fully become a world aerospace power." Lei Fanpei said.

  According to the plan, the future of our country’s heavy launch vehicles will be close to 10 meters in diameter, will use the thrust of 500 tons of liquid oxygen kerosene engine and thrust of 220 tons of liquid hydrogen liquid oxygen engine. That is to say, the future of our country’s launch vehicle capacity from the current more than 20 tons to increase 4 to 5 times, to 100 tons.

  Lu Yu, director of the Science and Technology Committee of the First Academy of China Aerospace Science and Technology Corporation, said that by around 2030, our country’s heavy-lift carrier rocket will achieve its first flight. At that time, our heavy-lift carrier rocket with a 100-ton carrying capacity in low-Earth orbit will provide strong support for manned moon landing and sufficient carrying capacity for Mars sampling return.

  "If you don’t forget your original intention, you have to stay the same." Zhang Zhongyang, president of the Second Academy of China Aerospace Science and Industry Corporation, said that looking back on the past, China Aerospace has written countless wonderful moments in the sky of history; in the future journey, China Aerospace will definitely mark the new height of China’s development with new achievements.

Inheritor of Cuju: Messi is the best foreigner to play Cuju.

  Li Weipeng and his teammates share cuju culture with foreign fans.

  On November 20th, local time, 2022 FIFA World Cup Qatar 2022 kicked off in Doha, Qatar, and 32 teams from all over the world competed on the highest stage of football. Although China football team did not appear on this stage, Cuju, a traditional football skill in China, was invited by the organizing committee. Cuju players including Li Weipeng, the seventh generation inheritor of Linzi Cuju Team in China, came to Doha Football Training Center and venues outside the stadium to introduce the history of Cuju to fans all over the world and show the unique Cuju skills in China.

  On November 23rd, Li Weipeng accepted an exclusive interview with a reporter from Beiqing Daily. When he came to Doha this time, he communicated with local football coaches and children practicing football, invited them to experience the traditional single-goal cuju competition in China, and showed a lot of cuju stunts called "tricks".

  Qatar local football coach Dimitri and Li Weipeng said in an interview with the media after the exchange that cuju is difficult, but it can also improve football skills well. He hopes to introduce cuju in his club in the future to help children who play football practice their skills. James Zhou, China’s ambassador to Qatar, also expressed the hope that cuju exchange activities would help more Qatari people and even fans around the world to understand China and China culture.

  According to the introduction of Linzi Football Museum to which Li Weipeng belongs, Cuju is a unique title of ancient football in China, which has influenced sports and entertainment in China for more than two thousand years, and has had a far-reaching impact on world sports, especially modern football. On July 15th, 2004, FIFA President Blatter announced in Beijing: "World football originated in China, and the ancient cuju in China was the origin of football." At this point, Cuju, an ancient sport, began to shine again in the world.

  conversation

  I used to be a teammate with Messi. Foreign fans are very interested in Cuju.

  Beiqing Daily: What is Cuju? What are the similarities and differences between it and football?

  Li Weipeng: Cuju is actually the name of football in ancient China, with a history of more than 2,000 years. As early as the Han Dynasty, Cuju was a part of military training to exercise soldiers’ willpower. At that time, the venue was square and there were two small goals in it. Compared with today’s football, cuju at that time was more similar to today’s football. Soldiers could not touch the ball with their hands, but they could wrestle in order to stop the opponent’s attack.

  Later, in the Tang and Song Dynasties, Cuju developed again. At this time, Cuju’s goal is very different from the current football goal. Cuju’s goal hole is called "wind eye". This "eye" is very small and is located at a height of about 9 meters from the ground. You need to control your strength before you can kick the ball in. During the game, the two teams stand on both sides of the goal, and there will be no physical contact between them. In the game, the ball can’t land, so all the players must learn how to hit the ball first. Only one person named "Ball Head" in a team can shoot, and other players will help "Ball Head" catch the ball to avoid the ball landing, or pass it to "Ball Head" for him to attack.

  In addition to this kind of shooting competition, there will be a special "pattern" competition in ancient times, which is to perform stunts with cuju balls, similar to the current gymnastics competition. For example, Gao Qiu in Water Margin is said to be a master of cuju "tricks".

  Beiqing Daily: How did you participate in the traditional sport of Cuju?

  Li Weipeng: I have received professional football training since I was 8 years old and practiced for almost 10 years. Around 2004, we recruited members of the Cuju team in Linzi, and I signed up. Since then, I have been practicing until today, and it has been 18 years.

  When I started to practice cuju, I had to practice it for 8 hours a day, and they all practiced monotonous ball. At that time, we were training in a gym. After one day’s training, I sat on the base of the basketball stand and fell asleep.

  When I can easily bounce hundreds of balls at a time, I will enter the next stage of practice and start practicing "pattern" and single goal competition, and the height of the goal will be reduced in proportion, about 3 meters or more, less than 4 meters. After 18 years of practice, I can top the ball more than 10,000 times in a row at most, and I can also combine a variety of "tricks" to perform it.

  Beiqing Daily: What is the most difficult part in practicing cuju?

  Li Weipeng: That’s the practice of "tricks". Cuju has many "tricks" and some beautiful names. For example, the most common one is called "picking peaches at the bottom of leaves", which means that after kicking the ball with the instep, you draw a circle around the ball with your legs during the rising and falling of the ball, and finally let the ball stop firmly on your instep.

  Another example is the action of "carrying the moon on your shoulders". After picking up the ball, stop at the position between your shoulders on your back. These movements have nice names, but it’s great to be able to practice one in a day after practice. Many times, an action needs to be practiced repeatedly for more than a week.

  The most difficult thing is to string together a number of "tricks". In the process, there are both head and shoulder movements, waist and back movements, and finally foot movements, and the whole body participates in the performance.

  Beiqing Daily: How did you communicate with fans all over the world when you came to Qatar this time?

  Li Weipeng: I arrived in Doha in the early morning of 21st, had a rest, and had an exchange with local football coaches and children playing football during the day. The "eye of the wind" goal we used for their experience this time is very short, only more than 1 meter high. In fact, this kind of goal is a little difficult for me, because it is much shorter than usual.

  On the 22nd, I went to the fan center outside the FIFA World Cup Qatar 2022 Stadium, where the organizing committee gave us a special performance venue. I put on ancient China costumes and performed Cuju "tricks" with my teammates.

  Beiqing Daily: Will foreigners be shocked to see Cuju?

  Li Weipeng: Yes, we started to perform, and soon many foreign fans came to watch. When we made wonderful "tricks", they would scream and applaud for us. Although I don’t know a foreign language, I can tell from their expressions that they are interested in China’s cuju, and some fans will give us thumbs up.

  And many fans are very enthusiastic. As soon as I kick the ball to them, they will take it and play with us. There are many foreign fans coming to our traditional China costumes to experience the original Cuju with us. I will point to the CuJu ball and the signboard with the word cuju printed next to it, and read "cuju" to them. They will soon understand that this is the pronunciation of cuju and read it with us.

  Beiqing Daily: I noticed that in addition to traditional costumes, the cuju ball you used this time seems to be completely different from modern football. How is this ball made?

  Li Weipeng: Yes, this ball is our traditional cuju ball in China. In fact, the Linzi Football Museum where I am located has also done textual research. In the Han Dynasty, Cuju balls were sewn with more than 10 pieces of cooked cowhide and stuffed with animal hair, but the balls were too heavy to kick. In the Tang and Song Dynasties, people invented the method of stuffing animal bladders in cooked cowhide coats and made inflatable cuju balls similar to modern football. This is also the cuju ball that we brought this time. It was made according to the way recorded in ancient times, just to show the most traditional cuju culture in China and let everyone know the history of cuju in China.

  Beiqing Daily: Who is the best player among the foreigners you have met who are in contact with Cuju?

  Li Weipeng: A few years ago, Argentine star Messi visited our museum. At that time, we had a single-goal competition. Messi and I were teammates. He was the "ball head" and I made the ball for him to shoot. Messi’s level is fierce, which I didn’t expect at first. He grasped the strength very well, and soon got into the state after understanding the rules, successfully completed many shots, and finally our team won. It can also be seen that cuju and modern football are interlinked in many aspects.

  Text/reporter Qu Chang Coordinator/Jiang Wei

The "strictest" telephone in history, real-name registration system implemented nearly 100 million users or was shut down.

  CCTV News:Users whose mobile phone numbers have not been registered with their real names should hurry to make up the registration! Since May this year, the Ministry of Industry and Information Technology requested that all telephone users should register their real names by June 30, 2017, many people have found that their communication services have been restricted. Facing the "strictest" regulations in real-name registration system, the era of "black card" is coming to an end.

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  It is reported that as of May, the real-name rate of all telephone users has reached 92%, and nearly 100 million users still face the risk of downtime. The three major operators, China Mobile, China Unicom and China Telecom, have started to restrict communication services for mobile phone numbers without real-name registration.

  Some real-name registration system users who have no telephones have been shut down.

  Recently, Mr. Zheng, a citizen of Hebei Province, received a reminder message from China Unicom: "Dear customer, your number has not been registered in real name. Please bring your local SIM card and the original ID card as soon as possible to register in Unicom’s own business hall where the number belongs. According to national laws, we will suspend communication services for unnamed customers, and we can resume communication services after real name … …” Mr. Zheng told the reporter that he is an old user of Unicom, and his SIM card was handled by the unit in a unified way. He was not very clear about whether he had registered his real name at the beginning.

  Regarding whether the mobile phone users are real-name users, the reporter contacted the relevant person in charge of Unicom by telephone. The person in charge said that citizens can bring their SIM cards and original valid certificates to the business hall, or call 10010 customer service for inquiry and verification.

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  What is a telephone, real-name registration system?

  Telephone real-name registration system refers to requiring users to provide real identity information when handling fixed telephone, mobile phone, broadband service, wireless network card entry, transfer and other services, and register their mobile phone numbers with their own names, products, brands and other text marks.

  As early as 2010, the Ministry of Industry and Information Technology announced the implementation of the real-name registration system for mobile phone users. Because there has been no clear legal provisions to support it, the effect is not satisfactory. This time in real-name registration system, the Ministry of Industry and Information Technology has increased the pressure on the three major operators, and operators will face fines if they are found to have problems in their work.

  Many regions have set specific deadlines.

  Up to now, real-name registration system’s requirements have been issued, and many regions have set specific deadlines. Telecom, China Mobile and China Unicom, the three major operators in Zhejiang Province, recently stopped the communication services of non-real-name users in Zhejiang. Among them, Zhejiang Unicom also stipulates that from August 25, it will implement mandatory downtime for unnamed users.

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  Zhejiang is not the first case in China. As early as last September, Guangdong began to implement the "stop order". In early August this year, Tianjin, Guizhou, Jilin and other places also began to stop providing communication services without real name registration numbers.

  Jiangsu Province announced that it would suspend the communication services of some unqualified users from October 1st, and only keep answering calls and some emergency services, and stop the communication services of all unnamed users on December 1st.

  In addition, the three operators in Beijing stipulate that the downtime of non-real-name users is October 15.

  What’s the point of calling real-name registration system?

  The reporter found that telephone real-name registration system has many advantages. Once the real-name registration system is implemented, it will be easier to trace back to those who cheat by phone and SMS, thus reducing the occurrence of telecom fraud cases. At the same time, the behavior of spreading harmful information by telephone will also be greatly reduced.

  In addition, many criminals use the loophole of "black card" to change their numbers frequently to escape the police’s pursuit. Obviously, real-name registration system will improve the efficiency of pursuit.

  For users, once real-name registration system users lose their mobile phones, they can get a replacement card in time to reduce personal losses.

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  Nowadays, many websites and apps require telephone authentication, so real-name registration system also plays an important role in network security and personal information security. Moreover, with the popularity of mobile payment today, real-name registration system obviously provides useful support for the use of related functions.

  What should I do if my mobile phone is stopped? How to handle the telephone call to real-name registration system?

  If the mobile phone or landline you are using is stopped because your real name is not registered, don’t panic. Downtime does not mean that the number has been cancelled, the phone has been stopped in call barring, and you can go to the business hall or register your real name online, and the remaining balance is still there. This is basically the same for the three major operators.

  It is reported that all three operators have provided inquiry services, and users can inquire whether they meet the requirements through telephone, website and other channels, and then register in real-name registration system online or in the business hall according to relevant tips.

What is the reason for the computer to restart automatically?

  I believe many users will encounter it when using a computer. When the computer is in normal use, it suddenly restarts automatically. I don’t know what happened for no reason. If the computer restarts automatically while you are working, what you have done before will be done in vain. This is a very bad thing. So what is the reason for the automatic restart of the computer? Let’s introduce it in detail below.

What is the reason for the automatic restart of the computer?

  First, the computer automatic restart software solutions

  1. When the virus "shock wave" virus breaks out, it will also prompt that the system will start automatically after 60 seconds. Trojan horse programs remotely control all activities of your computer, including restarting your computer. Remove viruses, Trojans, or reinstall the system.

  2. System files are damaged. System files are damaged, such as KERNEL32.DLL under Win2K, fonts under Win98 FONTS directory and other basic files when the system is running, and the system will be forced to restart when it is started.

  Solution: cover the installation or reinstall.

  3. Timing software or task planning software works. If you set a restart or load some work programs in the "Planning Taskbar", the computer will start again when the timing comes. In this case, we can open the "startup" item and check whether there are any unfamiliar execution files or other scheduled work programs in it, and then screen them before starting up for inspection. Of course, we can also directly enter the "Msconfig" command in "Run" to select the startup item.

  Second, the computer automatic restart hardware solutions

  1. The chassis power supply is insufficient, the DC output is impure, and the dynamic response is slow. Users or installers often do not pay attention to power supply and use cheap power supply, so it is one of the biggest suspects that cause the system to restart automatically.

  ① The output power of the power supply is insufficient. When running large-scale 3D games and other software that occupy a large amount of CPU resources, when the CPU needs high power supply, the power supply is overloaded due to insufficient power supply, and the output is stopped. After the power supply stops outputting, the load is lightened, and the power supply is started again. Because the protection/recovery time is very short, the performance given to us is that the host automatically restarts.

  ② The DC output of the power supply is impure, and the digital circuit requires pure DC power supply. When the harmonic content in the DC output of the power supply is too large, it will lead to the working error of the digital circuit, which is manifested by frequent crashes or restarts.

  ③ The workload of ③CPU is dynamic, and the requirements for current are also dynamic, and the dynamic response speed is required to be rapid. Some poor quality power supplies have long dynamic response time, which will also lead to frequent crashes or restarts.

  ④ Updating equipment (high-end graphics card/large hard disk/video card) and adding equipment (burner/hard disk) will lead to frequent crashes or restarts if the power exceeds the rated output power of the original power supply.

  Solution: Now replace the high-quality and high-power computer power supply.

  2. Poor thermal stability of the memory, chip damage or memory problems caused by incorrect settings have a relatively high probability of system restart.

  ① The memory has poor thermal stability, so it can work normally when it is turned on. When the memory temperature rises to a certain temperature, it can’t work normally, resulting in a crash or restart.

  (2) When the memory chip is slightly damaged, it can pass the self-check (setting fast startup to not fully detect the memory), or it can enter the normal desktop for normal operation. When running some software with high I/O throughput (media playback, games, plane /3D drawing), it will restart or crash.

  Solution: Replace the memory.

  ③ Setting the CAS value of the memory too small will also lead to the instability of the memory and cause the system to restart automatically. Generally, it is best to use the default settings of BIOS, and don’t change them yourself.

  3. The CPU temperature is too high or the cache is damaged. ① The CPU temperature is too high, which often causes a protective automatic restart. The reason for the high temperature is basically due to the poor heat dissipation of the chassis and CPU. The reasons for the poor heat dissipation of the CPU are: low thermal conductivity of the radiator material, foreign objects (mostly warranty stickers) between the radiator and the CPU, low fan speed, too much dust on the fan and radiator, and so on. Also, the temperature probe under the CPU of the P2/P3 motherboard is damaged or the temperature measuring circuit inside the P4 CPU is damaged, the BIOS on the motherboard has a BUG and the temperature measurement is not allowed under a certain special condition, and the CPU protection temperature set in CMOS is too low, etc., which will also cause a protective restart.

  ② The damage of the first-level and second-level cache inside the CPU is a common failure of the CPU. Those with light damage can still be started, and can enter the normal desktop for normal operation. When running some software with high I/O throughput (media playback, games, plane /3D drawing), it will restart or crash.

  Solution: Shield the second-level cache (L2) or the first-level cache (L1) in CMOS, or replace the CPU to eliminate it.

  What is the reason for the automatic restart of the computer? The above two aspects mainly provide detailed solutions through software and hardware. Friendly reminder: 1. Operate the computer correctly at ordinary times. 2, some unknown origin, or don’t know much about the software with caution.

National Fitness Day "ignites" sports cells.

  Editor’s note:Who occupied your sports cover today? Whose fitness photo has your circle of friends been screened today?

  — — Don’t worry, their exercise methods may not be suitable for you.

  August 8th, 2019 is the 11th "National Fitness Day" in China. On such a special day, the People’s Health Association, together with sports medicine experts from the Third Hospital of Beijing Medical University, gave you a scientific fitness exercise guide: wake up your exercise vitality and burn your calories!

  I. Swimming Guide

  Suitable for people: children and adolescents, adults.

  Efficacy: preventing and treating diseases.

  Swimming is a good systemic exercise, which is very effective in improving cardiopulmonary function. Because of the pressure and resistance of water, swimming can consume fat, strengthen muscles and help to lose weight and shape; Under the action of buoyancy, it can not be oppressed by gravity and is beneficial to the growth of the body. Swimming is also a means to prevent and treat diseases. Long-term exercise can enhance the ability to adapt to changes in the external environment and prevent diseases such as colds.

  Main exercise sites: scapular anterior muscle, pectoralis major, triceps brachii, deltoid muscle, biceps femoris, quadriceps femoris, latissimus dorsi, rectus abdominis, and rectus abdominis.

  Exercise intensity: moderate ★★★☆☆

  Exercise time and frequency: 3 ~ 5 times a week, 60 ~ 90 minutes each time.

  Sports location: Choose a safe swimming pool or water area.

  Second, jump rope guide

  Suitable for people: children and adolescents

  Efficacy: lose weight and lose weight

  Skipping rope is a systemic exercise, which can not only effectively increase the strength of ankle and knee ligaments and lower limb muscles, but also ensure the coordinated development of upper and lower limb muscles. Skipping rope can improve the heart rate and respiratory rate in a short time, exercise the heart and lung function well, and lose weight quickly. It can be used as the main content of aerobic fat reduction, and can also exercise the coordination and sensitivity of the whole body.

  The main sports parts: upper limbs, lower limbs, trunk, and joints, muscles and ligaments of the whole body are also involved.

  Exercise intensity: medium to high intensity ★★★★★☆.

  Exercise time and frequency: jump rope 3 ~ 5 times a week, 30 minutes each time.

  Venue: Choose a relatively flat and wide open space.

  Third, the badminton guide

  Suitable for people: children and adolescents, adults.

  Efficacy: enhance physical fitness

  Badminton is a strong physical exercise, which needs to keep moving, jumping, turning and swinging, so as to increase the strength of upper limbs, lower limbs and waist muscles, improve physical fitness in an all-round way, accelerate systemic blood circulation, promote metabolism, enhance the functions of cardiovascular system and respiratory system, and relax the eyes at the same time. Long-term exercise can improve visual sensitivity and eye responsiveness.

  Main exercise parts: arm, forearm, biceps brachii, waist muscles, abdominal muscles, ankles and knees.

  Exercise intensity: medium to high intensity ★★★★★☆.

  Exercise time and frequency: 2 ~ 3 times a week, each time about 2 hours.

  Venue: Choose an open and flat open space indoors and outdoors.

  Four, cycling guide

  Suitable for people: adults

  Efficacy: preventing and treating diseases.

  Cycling is a simple and practical exercise and fitness method, which can exercise muscle strength and endurance, enhance cardiopulmonary function, reduce the risk of coronary heart disease and prevent hypertension. The high heat energy brought by cycling can promote metabolism and make blood smooth; At the same time, enhancing the brain’s response ability, activating thinking, preventing Alzheimer’s disease, and also helping to maintain an optimistic attitude. In addition to exercising, cycling can also treat cervical spondylosis and lumbar disc herniation, which is a good choice for sedentary people.

  Main exercise sites: quadriceps femoris, gluteus maximus, posterior thigh, soleus and gastrocnemius, biceps and triceps.

  Exercise intensity: moderate ★★★☆☆

  Exercise time and frequency: 30 ~ 60 minutes a day.

  Sports location: choose a safe route

  Five, yoga guide

  Suitable for people: adults

  Efficacy: enhance physical fitness

  Yoga can improve the flexibility of the body, and it is a kind of physical and mental exercise. Yoga can speed up your metabolism, remove waste from your body, repair your body from the inside out, and recuperate your beauty. Yoga can bring you elegant temperament, physical strength and flexibility, make your limbs stretch in a balanced way, make you happy, and also prevent and treat various diseases related to body and mind, regulate the body and mind system, improve the blood environment and promote endocrine balance.

  Main exercise parts: triceps brachii, deltoid muscle, enterogastric muscle, gluteus maximus muscle and hamstring muscle.

  Exercise intensity: low ★ ☆ ☆ ☆ ☆.

  Exercise time: 20 ~ 60 minutes a day.

  Venue: Choose a quiet and comfortable environment.

  Six, flat support guide

  Suitable for people: adults

  Efficacy: lose weight and lose weight

  Plate support is an effective method for core muscles. It is mainly prone during exercise, which can effectively exercise abdominal muscles, mainly shape the lines of waist, abdomen and buttocks, and help maintain the balance of scapula. While strengthening muscles, it will not put too much pressure on the spine and back, and it can also give strong support to the back. Long-term training can make you thinner, healthier and more attractive.

  Main exercise parts: erector spinae, quadriceps femoris, biceps femoris, gluteus maximus, gluteus medius, gluteus minimus, deltoid shoulder, biceps brachii and triceps brachii.

  Exercise intensity: high intensity ★★★★★★

  Exercise time: 1-2 minutes for one group, 3-4 groups at a time, with an interval of 30 seconds for each group.

  Venue: Choose a thick, tasteless, non-slip, flat and elastic yoga mat.

  Seven, square dance guide

  Suitable for people: middle-aged and elderly people

  Efficacy: lose weight and lose weight

  Square dance is an exercise of coordination ability, and music can stimulate brain cells and make the mind active. Dancing is good for physical and mental health, but the stimulation of dancing movements to muscles is comprehensive and comprehensive, which can quickly sweat, speed up the heart rate, consume excess calories and fat, and at the same time enrich life and maintain an optimistic attitude. As long as it persists, square dance is also a sport suitable for middle-aged and elderly people to lose weight and keep fit.

  Main exercise parts: head, neck, chest, legs, hips and other parts.

  Exercise intensity: moderate ★★★☆☆

  Exercise time: about 30 ~ 60 minutes every day.

  Venue: Choose a park or square with a wide and flat ground.

  Eight, table tennis guide

  Suitable for people: children, teenagers, adults and the elderly.

  Efficacy: preventing and treating diseases.

  Table tennis is a ball game that integrates strength, speed, flexibility, agility and endurance. It does not require high physical fitness. It can treat and prevent vision problems such as myopia and presbyopia, and play a certain role in improving Parkinson’s symptoms. It can also slow down aging, reduce "three highs", treat cervical spondylosis and prevent Alzheimer’s disease. It is a very interesting sport that can improve physical fitness and enhance social interaction.

  Main exercise parts: leg muscles, waist muscles, arm muscles and wrist joints.

  Exercise intensity: low ★ ☆ ☆ ☆ ☆.

  Exercise time: 2 ~ 3 times a week, 30 ~ 60 minutes each time.

  Venue: Choose a safe, flat and open area, such as a community or gym.

  Nine, jogging guide

  Suitable for people: adults and the elderly.

  Efficacy: enhance physical fitness

  Jogging can enhance the heart and lung function, the capacity of the lungs increases during running, and at the same time, the oxygen carrying capacity in the blood will also increase greatly; Heartbeat, blood pressure and the elasticity of blood vessel wall will also increase, the blood supply and oxygen supply to the brain will increase, and the quality of sleep will also increase; Jogging can also relieve tension and anxiety and release substances that make people happy.

  Main exercise parts: leg muscles of lower limbs.

  Exercise intensity: moderate ★★☆☆☆

  Exercise time: 20 ~ 30 minutes a day.

  Venue: Choose a soft, flat and wide runway.

Just now! Shijiazhuang issued orange warning of heavy polluted weather and started level II emergency response.

just now
Shijiazhuang issued the latest notice
Start emergency response to heavy pollution weather
↓↓↓
Shijiazhuang heavy pollution weather emergency headquarters office
Issue orange warning of heavy polluted weather and start level II emergency response.
According to the joint consultation between the Provincial Eco-environmental Emergency and Heavy Pollution Weather Warning Center, China National Environmental Monitoring Center and the Provincial Meteorological Disaster Prevention and Environmental Meteorological Center, it is predicted that from January 10th, the diffusion conditions in our city will deteriorate, pollutants will continue to accumulate, and the urban air quality may have moderate or above pollution process. According to the suggestion of the Letter of the Provincial Atmospheric Office on Doing a Good Job in Response to the Recent Pollution Process (Jiqi Lingban Letter [2024] No.3), in order to reduce the impact of heavily polluted weather on public health, the municipal meteorological and ecological environment departments have judged and reported it to emergency headquarters for approval, and now an orange warning of heavily polluted weather is issued to the whole city. At 20: 00 on January 10, 2024, Class II emergency response of heavily polluted weather will be started, and the lifting time will be notified separately.
Previously, HebeiXingtai, Handan, Baoding, Langfang, Hengshui, Cangzhou and DingzhouA notice has been issued to start the emergency response to heavy pollution weather.
(Overview of the news client integrated from Shijiazhuang, Xingtai, Handan, Baoding, Langfang, Hengshui, Cangzhou and Dingzhou)
Reporting/feedback

How many of the 40 most influential games of the year have you played?

[CNMO News] Recently, CNMO noticed that Jordan Minor, a foreign entertainment science and technology reporter, recently published a book, which selected more than 40 most influential annual games (except 2021) from 1977 to now, and collected the best, most pioneering and strangest video games of the year. Let’s take a look at some games.

1977: Pong (Table Tennis), the first video game that attracted wide attention.

1978: Space Invaders

1979: Speed Freak was the first first-person racing game.

1980: Pac-Man

1981: Donkey Kong (donkey kong)

1982: Pitfall

1983: The Adventures of the Dragon Cave

1984: Tetris, as one of the most famous games in the world, still has many die-hard fans.

1985: Super Mario Bros.

1986: The Brave Fight the Dragon

1987: the legend of zelda is a famous game series released by Nintendo.

1988: Rockman 2

1989: Sim City

1990: Legend of Monkey Island/Little Hero of Monkey Island/Secret of Monkey Island

1991: sonic the hedgehog

1992: German Headquarters 3D

1993: NBA Carnival

1994: Super Street Fighter 2 Turbo

1995: King Kong Kingdom 2

1996: Super Mario 64

1997: Final Fantasy 7

1998: metal gear Solid

1999: Cyber Raiders 2

2000: Half-Life: Counter-Terrorism Elite

2001: Halo: Battle Evolution

2002: Grand Theft Auto: Sin City

2003: The Staff of the legend of zelda Wind

2004: World of Warcraft, a popular multiplayer online role-playing game, is regarded as one of the most influential works in the game history.

2005: Resident Evil 4

2006: Wii Movement

2007: Rock Band

2008: Spore

2009: Mysterious Sea 2: Across the World

2010: Super Carnivorous Boy

2011: My World

2012: The Walking Dead

2013: Exploration of Depression

2014: Destiny

2015: Wizard 3: wild hunt

2016: Baokemeng Go

2017: Night of the Fortress

2018: Nintendo Star Wars Special Edition

2019: "Only Wolf: The Shadow Dies Twice"

2020: "Gather! Animal Forest Friends Association

2022: The Ultimate Deluxe Edition of Stanley’s Fables

For game enthusiasts, many games are familiar to everyone. So many games, which ones have you played?