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Original title: The Ministry of Public Security and the State Administration for Industry and Commerce launched a joint rectification operation to investigate and punish online pyramid schemes under the guise of "virtual currency". On January 19, the Ministry of Public Security and the State Administration for Industry and Commerce deployed a joint rectification campaign against illegal and criminal activities of online pyramid schemes. Documents issued by the Ministry of Public Security and the State Administration for Industry and Commerce stated that
Bitcoin has transformed from an experimental digital currency worth less than a penny to a revolutionary financial asset hitting new highs in 2025. This guide takes a comprehensive look at everything you need to know about Bitcoin (BTC). We hope it will be helpful to everyone.
According to the Korean Central News Agency, on the evening of February 25, 2026, a military parade to commemorate the Ninth Congress of the Workers’ Party of Korea was held at Kim Il Sung Square in Pyongyang. Kim Jong-un, General Secretary of the Workers’ Party of Korea, attended and delivered a speech. Previously, the Ninth National Congress of the Workers’ Party of Korea was held from February 19 to 25.
Recently, the Executive Bureau of the People's Court of Longzihu District, Bengbu City held a key meeting to build consensus and boost morale - President Wei personally visited the front line of enforcement work and chaired a special meeting on enforcement work. The meeting focused on the pain points and difficulties in the current implementation field
It’s called Targeted Poverty Alleviation, but it’s actually an illegal pyramid scheme with tens of billions of yuan involved. It adopts the method of “pulling people’s heads” to expand its membership, attracting more than 5 million people in a year. Under the halo of charity, more than one billion yuan has quietly entered Zhang Tianming’s personal pocket... Recently
Wearing a legal robe on weekdays, he has a righteous heart and is a people's judge who handles cases impartially. In the face of the epidemic, he resolutely went against the trend and volunteered to be on duty in the "severely affected areas" to become a "vanguard" in the fight against the "epidemic". The epidemic is an order. In this special period, the husband is the backbone of the hospital.
Bitcoin fell about 8% during the day, with the lowest falling below $73,000. It fell 15% during the year, Bitcoin, etf, currency market
According to a report by World Wide Web citing Reuters on February 28, U.S. President Trump angrily denounced the top executives of the U.S. artificial intelligence company Anthropic as "extreme left-wing lunatics" and said he had made "catastrophic mistakes." The incident involving Trump’s profile picture originated from reports that
1. "Guild Wars 2" Strategy: A Practical Beginner's Upgrade Guide. The secret to upgrading quickly is to just wander around. First of all, there are many temporary tasks in the fierce battle. These tasks are randomly assigned, just like you just traveled to a place and something happened.
Tianyancha shows that Jiangsu Aiyuan Green Energy Co., Ltd. was recently established. The legal representative is Li Zhengcong, with a registered capital of 10 million yuan. It is wholly owned by Jiangsu Aiyuan New Energy Co., Ltd.
No. Name of shareholder Shareholding ratio 1 Jiangsu Aiyuan New Energy Co., Ltd. 100%
The business scope includes licensed projects: power generation business, power transmission business, power supply (distribution) business; installation, maintenance and testing of power transmission, power supply and power receiving power facilities (projects that require approval according to law can only be carried out after approval by relevant departments, and specific business projects are subject to the approval results) contract energy management; information technology consulting services; centralized fast charging stations; photovoltaic equipment and components Sales; photovoltaic power generation equipment leasing; engineering management services; electrical equipment repair; charging pile sales; wire and cable operation; charging control equipment leasing; energy-saving management services; sales of new energy vehicle battery swapping facilities; sales of motor vehicle charging; sales of mechanical and electrical equipment; sales of distribution switch control equipment (except for projects that require approval according to law, independently carry out business activities with a business license and in accordance with the law)
Company name Jiangsu Aiyuan Green Energy Co., Ltd. Legal representative Li Zhengcong Registered capital 10 million yuan National standard industry Electricity, heat, gas and water production and supply industry > Electricity, heat production and supply industry > Electricity production address Yannan High-tech, Yancheng City, Jiangsu Province Room 701, Building B-11, Xifuhe Green Low-Carbon Science and Technology Innovation Park, No. 52 Xinyuan Road, Xinhe Street, District Enterprise type Limited liability company Business period 2026-3-11 To no fixed period Registration authority Jiangsu Yannan High-tech Industrial Development Zone Market Supervision Administration
1. School Introduction
Shandong University of Finance and Economics, referred to as SDUFE, is located in Jinan City, Shandong Province and is supervised by the Shandong Provincial Department of Education. The school is a university jointly built by the People's Government of Shandong Province, the Ministry of Finance and the Ministry of Education. It is a famous university for talent training jointly built by the Shandong Province and the Ministry of Education, and a high-level university construction university in Shandong Province.
The school's predecessors were Shandong University of Finance and Economics, founded in 1952, and Shandong University of Finance and Economics, founded in 1986. In 1978, it resumed operations with the approval of the State Council and was renamed Shandong University of Economics. On July 4, 2011, the former Shandong University of Finance and Economics and the former Shandong University of Finance and Economics merged to form Shandong University of Finance and Economics. On June 9, 2012, Shandong University of Finance and Economics was officially established. In July 2013, Shandong University of Finance and Economics obtained the right to confer doctoral degrees. In December 2013, it was selected as the "Province-Ministry Joint Construction Unit of Characteristic Famous Schools for Talent Training". In June 2021, the school was selected as a smart education demonstration zone (school) in Shandong Province. As of October 2024, Shandong University of Finance and Economics has three campuses: Yanshan, Shungeng, and Shengjing, covering an area of 2,248 acres, and the total value of teaching and scientific research instruments and equipment is 236 million yuan. The school has 24 teaching colleges (departments) and 58 undergraduate majors. The school has 3 postdoctoral research stations, 5 first-level discipline doctoral degree authorization points, 1 doctoral professional degree authorization point, and 12 first-level discipline master's degree authorization points. Three disciplines have entered the top 1% of ESI global rankings. The school has 4 provincial-level collaborative innovation centers and 1 provincial key new think tank.
2. Discipline construction
As of October 2024, Shandong University of Finance and Economics has 3 postdoctoral research stations, 4 first-level discipline doctoral degree authorization points, 1 doctoral professional degree authorization point, 12 first-level discipline master's degree authorization points, and 21 professional master's degree categories. Three disciplines have been selected into the list of high-level discipline construction in Shandong Province, and applied economics is a “peak discipline” construction discipline. 3 disciplines have entered the top 1% of ESI global rankings, and 16 provincial key disciplines have been included in the “Twelfth Five-Year Plan”.
Postdoctoral Research Mobile Station: Applied Economics, Management Science and Engineering, Statistics
Authorization points for doctoral degrees in first-level disciplines: Applied Economics, Business Administration, Management Science and Engineering, Statistics
Authorization points for master's degree in first-level disciplines: applied economics, theoretical economics, business administration, management science and engineering, public administration, law, Marxist theory, foreign languages and literature, statistics, mathematics, computer science and technology
Master's Degree Categories: Finance, Applied Statistics, Taxation, International Business, Insurance, Asset Valuation, Auditing, Law, Chinese International Education, Translation, Engineering Management, Business Administration, Public Administration, Accounting, Sports, Journalism and Communication, Tourism Management, Social Work, Electronic Information, Art
High-level discipline construction in Shandong Province: applied economics, business administration, management science and engineering
“Peak Discipline” Construction Discipline: Applied Economics
ESI ranks in the top 1% of global disciplines: engineering, computer science, social sciences
"Twelfth Five-Year Plan" provincial key disciplines: accounting, finance, finance, business management, international trade, management science and engineering, political economics, quantitative economics, computer application technology, computer software and theory, Western economics, industrial economics, statistics, civil and commercial law, foreign linguistics and applied linguistics, social security
3. Academic research
As of April 2024, Shandong University of Finance and Economics has 1,690 full-time teachers, including 338 professors, 676 associate professors, and 1,059 with doctoral degrees. There are 121 doctoral supervisors and 709 master’s supervisors. One person was elected as a representative to the National Party Congress, 19 people were selected into national talent projects (projects) such as Yangtze River Scholars, the National “Ten Thousand Thousand People Plan”, National Cultural Masters and “Four Batches”, the National “Hundreds and Thousands of Talents Project”, and National Young and Middle-aged Experts with Outstanding Contributions, 16 people were awarded national honorary titles such as National Outstanding Teachers, and 17 people enjoyed special government allowances from the State Council. 7 people were selected as experts in the talent pool of the Ministry of Finance, 30 people were selected into the "Taishan Scholars" project, 20 people were selected into provincial famous teaching teachers, and 56 people were selected into provincial and ministerial projects such as New Century Outstanding Talents of the Ministry of Education, Young and Middle-aged Experts with Outstanding Contributions in Shandong Province, High-end Talents in Think Tanks in Shandong Province, Qilu Cultural Masters, and High-end Financial Talents in Shandong Province.
As of April 2024, Shandong University of Finance and Economics has 29 national-level first-class undergraduate majors and 20 provincial-level first-class undergraduate majors. The proportion of national-level first-class undergraduate major construction sites in the total number of undergraduate majors ranks first among provincial universities. The school has 1 national experimental teaching demonstration center for economics and management, 2 Huang Danian-style teacher teams in national universities, 1 national bilingual teaching demonstration course, 33 national first-class undergraduate courses, 2 Ministry of Education brand courses taught in English for studying in China, 2 Ministry of Education course ideological and political demonstration courses, 120 provincial first-class undergraduate courses, and 33 provincial ideological and political demonstration courses.
4. Employment situation
Shandong University of Finance and Economics released the undergraduate teaching quality report for the 2023-2024 academic year, with the selected employment and further study situations as follows:
There are 6,587 undergraduate students in the class of 2024, and a total of 6,447 fresh undergraduate students have met the graduation standards. 243 students received certificates for their second minor major, and 228 of them met the conditions for double degree awarding and obtained the corresponding degree for their minor major.
Among the 2024 undergraduate graduates of our school, 1,505 have entered higher education domestically and 522 have studied abroad. The overall enrollment rate is 30.77%. A total of 407 undergraduate graduates from our school have been admitted to postgraduate schools, accounting for 27.04% of the domestic enrollment. There are 735 undergraduate graduates admitted to "double first-class" universities such as Peking University, Nankai University, Fudan University, Shandong University, University of International Business and Economics, Central University of Finance and Economics, and Shanghai University of Finance and Economics, accounting for 48.84% of the domestic enrollment. The number of students going abroad is increasing year by year. A total of 464 undergraduates from the class of 2024 have been admitted to the top 200 universities in the world (according to the internationally recognized QS World University Rankings and USNews World University Rankings 2024), accounting for 88.89% of the total number of students going abroad.
In 2024, the National Civil Service Examination and Taxation System recruited a total of 184 graduates from our school, and the number of recruits has ranked first among universities in the country for five consecutive years. According to statistics, among the graduates from our school hired this year, the number of undergraduates and graduate students ranked first. They were mainly admitted to taxation departments in Jinan, Qingdao and other places in Shandong. In addition, some graduates were admitted to taxation departments in 20 provinces, autonomous regions, municipalities including Shanghai, Tianjin, Jiangsu, Zhejiang, as well as Shenzhen, Dalian and other places.
From the perspective of employment region, 70% of undergraduate graduates are employed within the province and 30% are employed outside the province. Employment units are distributed in 31 provinces, autonomous regions, and municipalities across the country, mainly in Beijing, Jiangsu, Guangdong, Zhejiang, etc.
Judging from the acceptance of graduates from our school in various industries, the finance industry, leasing and business services industry, education, information transmission, software and information technology service industry, manufacturing industry and other industries that accept more undergraduate graduates are more distinctive in the undergraduate teaching quality report for the 2023-2024 academic year. The 2024 graduates of our school have joined Fortune 500 companies and their affiliated companies, accounting for 18.28% of the number of graduates with contract employment (agreement employment, contract employment), and the quality of employment is steadily improving.
In 2024, the National Civil Service Examination and Taxation System recruited a total of 184 graduates from our school, ranking first among universities in the country in the number of recruits. This is the third consecutive year in recent years that our school has ranked first among universities in the country. Compared with 162 and 174 people hired in 2022 and 2023 respectively, the number of people hired in 2024 continues to grow and reaches a new high.
On March 12, a special AI experience event was held in the Zhongguancun Software Park in Beijing. Lenovo Baiying engineers completed the local deployment of OpenClaw for users on site, and the staff answered questions from the audience on technical issues and safe use in the "lobster farming" process.
This offline experience event is another move by Lenovo Baiying to promote the large-scale implementation of the open source AI agent OpenClaw. Previously, Lenovo Baiying has joined hands with two major platforms, Meituan and JD.com, to launch remote one-click deployment services. Lenovo Baiying's in-store deployment and door-to-door deployment services have also been gradually launched, and will soon achieve full online and offline coverage of installation services. As an important part of Lenovo Baiying's × OpenClaw digital employee solution, Lenovo Baiying's NUC terminal, which is natively adapted to Windows and OpenClaw, has become a hard-to-find market. While OpenClaw continues to be popular, its security application issues have also attracted much attention. The National Internet Emergency Center recently issued relevant risk warnings, and Lenovo Baiying provides users with an effective solution to resolve security anxiety with its dual layout of "local deployment solution + exclusive AI hardware terminal".
As an open source agent that has recently detonated the AI market, OpenClaw is regarded by the industry as an important carrier of the agent-driven productivity revolution due to its ability to perform tasks autonomously and adapt to all scenes of office use. It is also affectionately called "crayfish" by users. However, industry pain points such as complex environment construction, high debugging threshold, and cumbersome deployment processes have deterred many ordinary users and small and medium-sized enterprises. In order to break the technical barriers to the implementation of AI applications, Lenovo Baiying took the lead in launching cross-border collaboration and reached an in-depth cooperation with Meituan to launch the exclusive OpenClaw remote deployment service. Users only need to search for "lobster installation" in the Meituan App, and they can place an order with one click and enjoy remote one-on-one operation by professional engineers. The entire process from configuration to debugging is taken care of, truly achieving "zero-threshold" access with no technical background.
Immediately afterwards, Lenovo Baiying teamed up with JD.com to launch the OpenClaw remote deployment special service. Users can place orders by searching "Lobster farming on JD.com" on JD.com. Certified engineers can complete the configuration within 30 minutes. Exclusive AI office skills will also be pre-installed, allowing users to quickly unlock core capabilities such as code writing, document processing, and email organization. At present, Lenovo Baiying's OpenClaw deployment service has achieved nationwide coverage. Relying on the traffic and service networks of Meituan and JD.com, high-quality AI technology services can reach a wider user group, achieving precise connection between technical services and public needs. The offline deployment activities of Zhongguancun Software Park extend services from online to offline, allowing users to intuitively experience the implementation experience of OpenClaw, further lowering the threshold for using AI technology.
While deployment services continue to be implemented, Lenovo Baiying launched Baiying NUC, an AI terminal that is natively adapted to Windows and OpenClaw, and has become a popular product in the market, with a box being hard to find. This terminal adopts the trinity ecological model of "software (OpenClaw) + hardware (Baiying NUC) + AI service (Baiying Intelligent)", breaking the limitation of traditional hardware only serving as a computing power container, and achieving an upgrade of the out-of-the-box experience of the intelligent agent. Its core advantage is that it can achieve zero-threshold local deployment in a Windows environment in 3 minutes. Relying on OpenClaw's long-term memory capability, it can continuously accumulate user workflow and usage preferences, allowing the agent to "understand you" more and more with use. At the same time, it has built-in rich AI office skills, which can interactively optimize mainstream office tools such as DingTalk and Feishu, and convert complex analysis conclusions into structured documents such as Word, Excel, and PDF, greatly improving team collaboration efficiency.
The rapid popularity of OpenClaw has also brought its security issues to the surface. Because the agent is granted higher system permissions such as accessing local file systems and calling external APIs, and the default security configuration is relatively fragile, the National Internet Emergency Center recently issued a risk warning, pointing out that it has four major security risks: "prompt word injection", "misoperation", "plug-in poisoning" and "security vulnerabilities", which may lead to user privacy leaks, core data loss and even system control. Relevant experts also reminded that users need to take safety precautions when "raising lobsters" to avoid usage risks.
In response to this industry problem, the relevant person in charge of Lenovo Baiying said that "local deployment mode + Baiying NUC exclusive AI terminal" can effectively solve users' security anxiety. Lenovo Baiying × OpenClaw digital employee solution creates an enterprise-level data security fortress. Through physical isolation technology, the company's core data, personal documents and business processes are all retained on local hardware, achieving physical-level security isolation and avoiding the risk of leakage caused by data uploading to the cloud from the source. At the same time, the terminal has a built-in 7×24-hour daemon, which not only perfectly adapts to the long-term running requirements of OpenClaw, but also ensures the stability of remote control. During the deployment process, Lenovo Baiying engineers will also reasonably configure system permissions to avoid security loopholes in default settings, allowing users to use AI agents compliantly and worry-free.
Currently, AI agents are at a critical stage from "technical concept" to "large-scale application". The popularity of OpenClaw is an intuitive reflection of the market's demand for intelligent productivity. Through online and offline multi-terminal layout, Lenovo Baiying teamed up with Meituan and JD.com to create convenient deployment services. At the same time, it used Baiying NUC terminals to build an integrated "hardware and software" solution, which not only broke the technical barriers to the implementation of AI applications, but also solved the industry pain points of its safe use. In the future, Lenovo Baiying will continue to delve into user needs and launch advanced functions such as batch deployment and customized configuration. At the same time, it will continue to work with ecological partners to promote the popularization and safe implementation of AI agents, allowing more users to enjoy the productivity innovation brought by AI, and ushering in a new era of AI with active intelligent agent services and sustainable evolution.
IT House reported on March 12 that last month, Valve was sued by the New York State Attorney General’s Office for continuing to use paid box opening and item trading systems in games such as “Counter-Strike 2” and “DOTA 2”. Today, the company that operates the Steam platform and develops "Half-Life" issued a long statement on the Steam support website in response to the lawsuit, defending its unboxing mechanism and comparing it to real-life products such as baseball cards and Pokémon cards.
IT House noted that Valve said in a statement to New York players: "This type of unboxing mechanism in our games is widely used, not only in video games, but also in the real world. Generations of people have grown up opening baseball card packs, blind boxes, and blind bags, and then trading and reselling the items. In reality, such popular products include baseball cards, Pokémon cards, Magic cards, and Labboobs, etc."
Valve also explained that players can play the game normally without paying to unbox it, because all unboxing items are cosmetic items. Notably, Valve says its data shows that "most" players don't open any boxes at all and just play the game normally. The company says this means players who don't pay won't be at any disadvantage.
In a lawsuit filed in February, the New York State Attorney General claimed that Valve "condoned gambling" through its popular online games and digital store Steam, accusing it of violating New York State's anti-gambling laws, and requested a permanent ban on Valve from promoting gambling-related features in games and forcing the company to pay various fines for violating New York State laws.
Valve said in a statement that it cooperated with the investigation by the New York State Attorney General's Office and showed them "how we have banned accounts for years on gambling sites that violate the Steam User Agreement by illegally using Valve game items." Gambling sites have been a major problem for Valve and were directly named in the New York state lawsuit.
Valve said: "Valve will never cooperate with gambling websites. So far, we have banned more than 1 million Steam accounts that have been abused by third parties and involved in gambling, fraud and theft. We have also launched functions such as transaction withdrawal and transaction cooling to curb the operation of gambling websites and protect Steam users from fraud. At the same time, we prohibit any gambling-related institutions from participating in or sponsoring our game events."
Elsewhere in the statement, it was mentioned that Valve is "deeply concerned" about some of the changes the New York State Attorney General's Office wants to make to Steam's mechanics, and is particularly strongly opposed to banning users from trading and reselling digital cosmetic items obtained from loot boxes.
"We believe that the transferability of digital game items is beneficial to consumers - users can sell or exchange unused and unwanted items, just like people can resell or exchange physical items such as Pokémon cards and baseball cards," Valve said. "The New York State Attorney General proposed to deprive users of the right to transfer digital items in Valve games. We believe that transferability is a right that should not be deprived, and we refuse to do so."
While this stance appears to be on the side of users, the fact that Valve itself does not allow users to resell or trade their purchased digital games on Steam weakens the persuasiveness of its rhetoric. If transferability is a right, shouldn't it apply to all digital items on Steam, not just loot boxes and keys?
Finally, Valve responded to the New York State Attorney General's Office's statement regarding "Video Games and Gun Violence" in a press release regarding the lawsuit. The office said in a press release that Valve "promotes games that promote violence and guns" and is one of the reasons for "the epidemic of gun violence" in the United States.
Valve reasonably refuted this claim in an open letter to New York gamers: "Furthermore, while the core of this case is the issue of blind box unboxing, we feel it is necessary to respond to the remarks made by the Attorney General's Office regarding games, real-life violence, and minors. These irrelevant remarks are purely a red herring and a mischaracterization we have heard before. Numerous studies over the years have confirmed that there is no correlation between media content (movies, TV, books, comics, music, games) and real-life violence. In fact, multiple studies have also pointed to the positive effects of games on users."
Although many people agree that Valve has failed to control skin trading and gambling over the years, the Attorney General's inclusion of this statement in the press release also caused many netizens to turn against the lawsuit.
The development of finance and economics colleges in the province is closely linked to the regional economy, forming a well-structured education system. The latest list shows that Shandong University of Finance and Economics leads similar institutions in the province with its comprehensive strength, followed closely by Shandong Technology and Business College and Shandong University of Finance and Economics Yanshan College, forming the core strength of financial education in Shandong Province.
1. Ranking of finance and economics colleges in Shandong
The following is a list of the top three finance and economics colleges in Shandong Province, covering local rankings and national overall ranking information:
Note: The ranking data is a combination of the statistical results of different rankings, and is subject to the official release of the school.
2. Score lines for finance and economics colleges in Shandong Province in 2025
In 2025, the admission scores of financial and economics colleges in Shandong Province will show a clear gradient, and the admission competition of different colleges will vary greatly.
The one with the highest admission score is Shandong University of Finance and Economics, with a minimum score of 521 points; the one with the lowest admission score is Yanshan College of Shandong University of Finance and Economics, with a minimum score of 186 points. The span of the score range reflects the differences in education level and application popularity of each institution.
3. Introduction to some colleges and universities
Shandong University of Finance and Economics
The school is located in Jinan City. It is a financial institution of higher learning jointly established by the Ministry of Finance, the Ministry of Education and Shandong Province. It is also a high-level university construction institution in Shandong Province. There are currently three campuses in Yanshan, Shungeng and Zhangqiu, covering an area of 2,248 acres and a total construction area of 1.032 million square meters.
The school has 24 teaching colleges (departments) and 30,901 full-time undergraduate and graduate students. Among them, the Zhangqiu campus is located at No. 18602 Jingshi East Road, Jinan City, with an actual usable area of 1,100 acres, 18 colleges, 15,800 students, and 1,300 graduate students who will move in in September 2025.
In terms of scores over the years, the lowest score for general physics in Shandong Province in 2024 was 542 points, and the lowest score for history was 562 points; in 2023, the lowest score for science was 553, and the lowest score for liberal arts was 563. The overall score lines maintained a steady upward trend.
Shandong University of Finance and Economics Yanshan College
The school is located in Jinan City and is an independent college of finance and economics. As the third-ranked financial school in the province, the minimum admission score in Shandong Province in 2025 is 186 points, corresponding to a ranking of 676,725. Relying on the high-quality educational resources of the parent school, the school focuses on cultivating financial professionals and has formed certain school-running characteristics in accounting, financial management and other fields.
The relevant information is for reference only.
On December 15, Alt (300825) announced that its holding subsidiary had terminated major contracts for daily operations.
The announcement shows that the company's controlled subsidiary Sichuan Alt New Energy Automobile Co., Ltd. (referred to as Sichuan Alt or the seller) signed the "Contract By and BetweenSichuan IAT New Energy Automobile Co., Ltd. And HDI TRADING" with HDITRADING CO., LIMITED (referred to as HDI or the buyer) on August 26, 2024. CO., LIMITED", HDI plans to purchase special hybrid transmission products (DHT) from Sichuan Alt. The total contract amount is expected to be no less than 1.451 billion yuan (excluding tax).
On December 15, Sichuan Alt and HDI signed a "Termination Agreement". Affected by the market environment in the region where HDI's final customer is located, the buyer and the seller agreed to terminate the original contract in accordance with the original contract through friendly negotiation.
According to Alt's announcement in August last year, HDI hopes to purchase dedicated hybrid transmissions (DHT) from Sichuan Alt for use in its operations and supply to its OEM customers. Sichuan Alt has relevant R&D and production capabilities and agrees to supply DHT products to HDI in accordance with the terms and conditions stipulated in the contract.
Alt said that the termination of the contract was the result of careful study by the company and its holding subsidiaries and consensus with the other party.
Up to now, except for the manpower investment in the early stage of the project plan production, the company has not purchased raw materials and other productive investments, which will not have a significant impact on the company's current operating results and financial status, and there will be no harm to the interests of the company and all shareholders.
According to the data, Alt is a forward-looking technology-driven technological innovation enterprise focusing on full-process R&D of complete vehicles and vehicle platforms, development of new energy intelligent platforms, and R&D and manufacturing of core components. It is the only independent automobile design company listed on A-shares.
In the first three quarters of this year, the company achieved operating income of 736 million yuan, a year-on-year increase of 19.30%; net profit attributable to the parent company was a loss of 151 million yuan, a year-on-year decrease of 12246.62%, and the loss amount has exceeded the 133 million yuan for the whole of 2024.
Looking at the third quarter alone, Alt's net loss was 92.64 million yuan, a further increase of 22.05 million yuan from the previous quarter.
Regarding the reasons for the substantial losses, Alt explained in its third quarter report: "Affected by factors such as the current development status of the domestic automobile industry, pressure to reduce automobile prices has been transmitted to the upstream automobile R&D and design links; the company's profit margin on orders on hand in the past two years has been low, and its gross profit margin has declined."
Alt also disclosed an announcement on December 15 that in order to further optimize the company's resource allocation, reduce management costs, and improve operational efficiency, Chongqing Alt New Energy has completed the deregistration procedures in accordance with relevant procedures.
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