Lijin Finance

Newsflash

• How Much Information Is There?

  こんにちは!

  ネットワークMonitoring カメラとAI portrait recognizes システムのシステム・ケイです.

  パソコンを扱っていると、「64bit(ビット)」や「200MB(メガバイト)》という単语を见たり、hear いたりする chance が多くありますよね.ですが、そのmeaningや ConceptをcorrectにUnderstandingできている人はそう多くないかもしれません.

  This time は、「bit(ビット)」や「Byte(バイト)」といった语についての Commentaryと、データのsavingに关するお语をします.ぜひlastまでご覧ください.

  

  「bit(ビット)」「Byte(バイト)」とは?

  「bit(ビット)」 「Byte(バイト)」は、「Information amountをexpressionす単bit」です.

  つまり、「m(メートル)」や「g(グラム)」といった単bitのkindのひとつです.

  Basic に, 8bit=1Byte です.その后は1000 timesするごとにHUび方が変わり、

  1000Byte=1KB（キロバイト）

  1000KB=1MB（メガバイト）

  1000MB＝1GB（ギガバイト）

  1000GB=1TB（テラバイト）

  となります.

  Example: えば, スマホのデータcommunication に关して, 「animation の见ぎでギガが足りない」 "といったがありますが、ここからきています" "といった".

  「bps(ビットevery second)」という単単傂よく使われるので合わせてえておきましょう.

  "What's the bit of information in one second?" is the watch, and the communication speed is the same.

  1000bps data, 1000bit data in 1 second.

  How much information is there in 1 bit?

  The information on the project above is a table of information, a bit of information, a bit of information, a brief introduction to the project, and an example of the image of the subject. 「50 0KB》と书かれているのを见ても、「Information」という目に见えないもののquantityをイメージするのは无しいですよね.

  これをイメージするためには, コンピュータが动く士组みを小しだけUnderstanding しなければなりません.

  実は、コンピュータは电気 Signalの「オン(1)」と「オフ(0)」しか提款することができません.

  そのため「Binary number」という、0と1のみで constitutes the されたnumberをmake the って move いています.

  Example: えば、3桁のbinary numberなら、

  000 001

  010 011

  100 101

  110 111

  というように8通りの値をperformance することができます.

  "Bit" refers to the smallest unit of information, and "1bit" refers to the information quantity of "1 桁のbinary number".

  「0」「1」の2通りの値しかexpressionすることができません.

  「1Byte」は「8bit」なので、8桁のbinary numberのinformation amountです.

  00000000 00000001

  00000010 00000011

  00000100・・・

  と続けていくと, all で256 through りの値をperformance できるinformation amount であることがわかります.

  500KB imageなら、500×1000＝500,000Byte、さらに8を hangけると4,000,000bitと语いchangeえることができます.

  

  Windowsなら、ファイルをrightクリック→プロパティでそのファイルのデータ(=information quantity)をconfirmationすることができます.

  2-digit number, K(キロ)＝10 00ではなく、2の10 multiply(＝1024)とみなすこともあります.

  In this case, "KiB" and "MiB" are the same.

  1KB, 1KiB, 1TB, 1TiB, and 1KB.その difference がおよそ100GBと大きなviolation いになってしまうため、Attention しましょう.

  How much information is there?

  ズバリ, animation です.

  The animation contains a large number of portraits and the expressions of Suhaya's voice and emotions are expressed in the animation. The added bonus of the report, the text, and the photo, are more accurate than the original ones.

  また, high resolution, high quality になるほどデータ大は大きくなります.

  绮丽なanimationやリアルな音を楽しむことができる Party, expansion of the memory field of the memory field, The time of sending and receiving the letter is the same, and the communication volume is the same as the current time.

  

  バイトに正すと道方もないdigitに・・・

  High resolution and low maintenance?

  システム・ケイは, ネットワーク supervised the カメラを多く抉っている会社です.

  Monitor the long-term photography of the camera, the basics of the camera, and the measurement of the distance and the tasks of the subject.

  では、どうすればHigh-resolutionをMaintenanceしたままデータquantityを小なくできるのでしょうか?

  データcompression technology uses

  データの実性的なinformationを宝ったまま、データquantityをらすtechniqueです.

  Example: えば、データに人间がhearきtakeれるlimit よりも高い音が有まれていた场合、そのPart of the information is not private.

  実はそのような「无駄なinformation」もデータには多く偾れてThe compression technology of いるので and データを makes the うことはとても effective.

  It is a daily routine that is private and convenient, and has a lot of opportunities to use it, and it is convenient and technical.

  システム・ケイのimage compression technology について, detailed しくはこちら!

  Image compression technology? Introducing the speciality of Tetra Toro!

  Moving body 検知 (モーション検知) function is used

  The image is reflected in the human world, the car, the equipment is moved, and the function is understood.

  こちらは主にsupervised カメラでの影视においてActive するfunction で、moving body 検知 によるrecording のオンオフのAutomatically cut the り alternative えができるため, record the time を suppress え, and reduce the データ amount をらすことができます.

  The moving body's function is clear and detailed!

  What is the moving body? Introducing the setting method of the 対応 model!

  モーション検知 (moving body 検知) function とは

  まとめ

  The last one is the last one.

  Contents of the note: Questioning, Monitoring, and Monitoring Detailed information, detailed information, detailed information, detailed information, and detailed information!

  お见 accumulate り, ごphase talk など, お気軽におquestion い合わせください!

  おaskい合わせはこちら

  37 minutes ago

• People And Business Are Mired In Losses. Can Dai Yongge Revive The 'air-raid Shelter' Model?

  Reported by reporter Ou Jiayan from Guangzhou

  Renhe Commercial Holdings Co., Ltd. (01387, HK; hereinafter referred to as Renhe Commercial), which has the aura of "China's largest underground shopping mall operator and developer", is deep in losses.

  On August 17, a reporter from "Daily Economic News" learned that Renhe Business recently issued a profit warning announcement, predicting that it would record a loss of 884 million yuan in the first half of the year. This is also a huge loss for the company after last year's operating loss of 1.7 billion yuan.

  Huang Lichong, director of Hong Kong Guangdong Securities Investment Bank, told the "Daily Economic News" reporter, "The loss in the assessed value of investment properties is most likely due to the impact of the downturn in the real estate market, and the properties held by the company have been affected by the decline in commercial real estate prices."

  At the same time, the actual controller Dai Yongge promoted his 23-year-old son Dai Bin to the position of executive director, but four professional managers left the board of directors, casting a shadow over the company's operations. There are still doubts whether Dai Yongge, who firmly controls the voice of the board of directors, can bring the "air-raid shelter" model back to life.

  Revenue continued to suffer losses in the first half of the year

  According to the announcement, based on the unaudited financial information currently received by the board of directors, Renhe Business expects to record a loss of approximately RMB 884 million in the first six months of this year, much higher than the loss of RMB 182 million in the same period last year. The main reason for the loss is that the investment properties recorded a net appraisal loss of approximately 914 million yuan in the first half of this year, while the appraisal appreciation amount in the same period last year was 126 million yuan.

  Different from traditional commercial real estate developers, Renhe Commercial’s core business model is to build civil air defense projects and use them as underground shopping malls during peacetime, and obtain returns by leasing shops or transferring shop operating rights. Since the use of civil air defense projects to develop underground malls is not classified as real estate development, there is no need to pay land transfer fees and land value-added tax, which can significantly reduce development costs. Renhe Commercial’s “air raid shelter” model was once highly sought after by the market.

  However, since the ownership and operation rights of civil air defense projects are separated, Renhe Commercial's underground shops have no property rights, and the company's shopping mall operation capabilities are poor, resulting in a sharp decline in the company's revenue since 2010. According to the annual report of Renhe Business, the main business revenue of Renhe Business in 2009 was 4.163 billion yuan, but it plummeted to 1.142 billion yuan in 2010, and even fell to 547 million yuan in 2013. In order to maintain profit growth, Renhe Business changed the accounting method of investment properties from the cost model to the fair value model.

  "Switching to fair value accounting can bring book profits through property appreciation during the rising real estate price cycle," Huang Lichong said. However, this accounting system is also a double-edged sword. Once real estate prices enter a period of decline, the decline in appraisal prices will cause the value-added income of investment properties to turn into negative growth. Since human and commercial properties are mainly concentrated in second- and third-tier cities, these areas are precisely the areas hardest hit by this year's market adjustment. There will still be continued downward pressure in the future. Today's losses are just a correction of the "false prosperity" of past performance.

  Huang Wenjie, chairman of Chu Rui Commercial Planning and Operations Agency, told the "Daily Economic News" reporter that due to the poor macro-environment, the attractiveness of underground shops lacking property rights is worse than traditional commercial real estate, and the sales situation is difficult to be optimistic.

  Dai Yongge’s 23-year-old son becomes executive director

  Deep in the quagmire of losses, Dai Yongge, the company's chairman and CEO, who single-handedly founded Renhe's underground business empire, took a series of actions to further strengthen the Dai family's control over the company's board of directors.

  On June 30, after receiving the 48.49% stake in Renhe Commercial held indirectly by his sister Xiuli Haoken, Dai Yongge’s cumulative shareholding reached 49.35% and became the controlling shareholder of Renhe Commercial.

  At the same time, Renhe Commercial's board of directors and senior management team underwent a "big shakeup", with four professional managers including Wang Luding, the company's vice president of commercial affairs, resigning as executive directors. Subsequently, Dai Yongge promoted his 23-year-old son Dai Bin to the position of executive director, so that among the four executive directors of Renhe Business, Dai Yongge and his son already occupied half of the seats. .

  Information shows that Dai Bin graduated from the University of New South Wales in Australia with a major in finance in 2012 and will receive an annual director's salary and dividends of HK$1.2 million.

  In Huang Lichong's view, it is difficult to judge the pros and cons to the company's operations when professional managers leave and strengthen family management. However, appointing a young man who has just graduated as an executive director and enjoying a high salary is enough to show that the purpose of the Dai family is not to reverse the business difficulties, but more to ensure their control on the board of directors so that they can make company decisions according to their own wishes.

  Huang Lichong said that since the decision-making power of the company's directors is more concentrated in the Dai Yongge family, the interests of small shareholders may be difficult to be protected by the board of directors.

  38 minutes ago

• NBA Regular Season Spurs Vs. Kings At Home, Game Process And Data Details Of The Two Teams

  Live Broadcast February 22 News The NBA regular season continues. The Spurs face the Kings at home. Previously, the Spurs ranked second in the Western Conference with 39 wins and 16 losses, while the Kings ranked last in the Western Conference with 12 wins and 45 losses. Sabonis, LaVine and Hunter have all announced they are out for the season.

  At the beginning of the game, the Spurs took the lead. Wen Ban continued to send blocks to dominate both offense and defense, helping the team shoot a wave of 16-4. However, after Wen Ban came off the court, the Kings began to eat away at the point difference. At the end of the first quarter, the Spurs temporarily led 35-31. Back in the second quarter, the Kings continued to chase points and quickly completed the lead. Then the two sides fell into a tug-of-war. At the end of the quarter, the Spurs hit an 11-0 wave to re-establish their advantage, and maintained a 73-65 lead at halftime. After changing sides and fighting again, the two teams still took points alternately. The Kings caught up to the point difference of only 1 point at the end of the third quarter, and then the Spurs hit another wave of climax. By the beginning of the fourth quarter, the total lead was 12-0 to double digits. After that, the Spurs played steadily and continued to consolidate their advantage. The result of the game was sealed. In the end, the Spurs easily defeated the Kings.

  

  Statistics for both teams:

  Spurs (40-16): Wenbanyama had 28 points, 15 rebounds, 6 assists and 4 blocks, Castle had 18 points, 8 rebounds and 3 assists, Fox had 18 points, 2 rebounds and 5 assists, Keldon had 18 points and 1 rebound, Barnes had 14 points, 2 rebounds and 1 assist, and Harper had 12 points. Scored 5 rebounds and 5 assists, Champany had 8 points, 4 rebounds and 3 assists, Vassell had 8 points, 3 rebounds and 3 assists, Kornet had 4 points, 5 rebounds and 3 assists, Olynyk had 4 points, 2 rebounds and 1 assist, Bryant had 3 points and 1 assist, Ingram had 2 points and 1 assist, and Umde had 2 points and 1 assist.

  Kings (12-46): Murray had 20 points, 2 rebounds, 2 assists and 2 blocks, DeRozan had 20 points, 1 rebound, 5 assists and 2 steals, Monk had 19 points, 1 rebound and 6 assists, Leno had 16 points, 12 rebounds and 3 assists, Achiuwa had 14 points, 4 rebounds and 4 assists. , Clifford had 8 points, 5 rebounds, 4 assists and 2 steals, McDermott had 8 points, 1 rebound and 1 assist, Westbrook had 7 points, 3 rebounds and 2 assists, Eubanks had 6 points, 4 rebounds and 4 assists, Plowden had 4 points, 2 rebounds, 1 assist and 2 blocks, Carter had 1 rebound and 1 assist.

  38 minutes ago

• Shenzhen Parents Come Here! Professional Children's Cambridge English Training Institution Chooses This Way

  Cambridge Children's English is a series of children's English training textbooks. In addition, as a high-quality children's English textbook, Cambridge Children's English is extremely famous. Many English training institutions in China quote Cambridge Children's English as teaching textbooks. When looking for a professional Cambridge Children's English training class for your children, you should pay attention to the institution's reputation, understand the institution's class model and curriculum system, and take your children to the institution for a trial.

  

  1. Introduction to Cambridge Children’s English

  Cambridge Young Learners English (YLE) is an authoritative examination system specially designed by the Cambridge University Examination Center to test the English proficiency of children aged 6 to 18. This examination is designed to test the practical application level of children's English learning. It is also the first choice for parents to improve their children's English ability and performance!

  Textbooks published by Cambridge University (Youth Edition)

  The Cambridge Young Learners English test is divided into two parts: written test and oral test. The written test is divided into two parts: listening and reading and writing. No matter what English foundation candidates have, no matter how many hours of study they have passed, as long as they have completed the study of the Cambridge Children's English designated teaching materials of the corresponding level, they can take the exam at that level.

  The English learning in schools is limited and cannot meet the more learning needs of children. More and more parents are choosing the Cambridge English exam in order to improve their children's English ability. The learning of English not only depends on children's interest in learning, but also focuses on the application of learning methods. Good teaching methods are conducive to greatly improving English learning ability. Cambridge English learning needs to be done step by step, step by step, and systematic learning can truly help children learn English well.

  2. Shenzhen Cambridge Children’s English Training School

  Shenzhen chooses Cambridge Children's English Training School, and Meilian English Training Institution is trustworthy. The Cambridge Children's English course offered by Midland English allows children to use English effectively to cope with the primary school to junior high school and junior high school entrance examinations, and improves children's English competitiveness. Cambridge System English adopts the current communicative teaching method, focusing on understanding English in a specific language environment, liking English, and stimulating children's interest in English. Interested friends can bring their children to the institution for a trial experience.

  

  Curriculum

  Course details

  Learning services

  6-10 years old

  Language class: Language class stimulates students’ interest in learning English, lays a solid foundation for English learning, and improves English language ability;

  Project course: Using in-class subject knowledge as the starting point, cultivate students’ 4Cs abilities as a means of expansion and recycling of knowledge learning;

  Oxford Reading Class: Consolidate students' language skills, and train students' 4Cs abilities through activities such as post-reading thinking and post-reading expansion.

  Small classes of 10-12 people focus on every child;

  The task-based learning model helps students apply what they have learned;

  Games + songs + performances + hands-on learning of English with ease;

  Extracurricular extended Oxford reading English comprehensive learning experience;

  Personal study instructors are available to answer questions anytime and anywhere.

  10-13 years old

  Refer to the Common European Language Framework System standards (CEFR) to cover the new national curriculum standards (primary school) and align with the Cambridge Level 5 Certificate Examination;

  Complete learning and growth path: While gradually improving students’ comprehensive English language ability, we also focus on cultivating students’ critical thinking skills and values;

  The classroom uses a variety of teaching methods to teach interactively and interestingly to stimulate children's interest in learning and make English learning more motivational;

  There are 11 courses of difficulty levels, from easy to difficult, proceed steadily. Listening, speaking, reading and writing are strengthened.

  Refuse to have one-size-fits-all services and customize exclusive learning plans and programs based on the child’s level;

  Equipped with dedicated after-school tutors to follow up on learning progress and answer learning doubts;

  Entrance test and grading, and level testing of learning effects will be carried out after class;

  Professional after-class exercises, one lesson at a time, and the knowledge learned in class can be digested on the same day to avoid accumulation of problems;

  The intelligent learning management platform allows parents to fully visualize their children's learning progress.

  13-16 years old

  Refer to the Common European Language Framework System standards (CEFR) to cover the new national curriculum standards (primary school) and align with the Cambridge Level 5 Certificate Examination;

  Complete learning and growth path: While gradually improving students’ comprehensive English language ability, we also focus on cultivating students’ critical thinking skills and values;

  The classroom uses a variety of teaching methods to teach interactively and interestingly to stimulate children's interest in learning and make English learning more motivational;

  There are 11 courses of difficulty levels, from easy to difficult, proceed steadily. Listening, speaking, reading and writing are strengthened.

  Refuse to have one-size-fits-all services and customize exclusive learning plans and programs based on the child’s level;

  Equipped with dedicated after-school tutors to follow up on learning progress and answer learning doubts;

  Entrance test and grading, and level testing of learning effects will be carried out after class;

  Professional after-class exercises, one lesson at a time, and the knowledge learned in class can be digested on the same day to avoid accumulation of problems;

  The intelligent learning management platform allows parents to fully visualize their children's learning progress.

  16-18 years old

  Refer to the Common European Language Framework System standards (CEFR) to cover the new national curriculum standards (primary school) and align with the Cambridge Level 5 Certificate Examination;

  Complete learning and growth path: While gradually improving students’ comprehensive English language ability, we also focus on cultivating students’ critical thinking skills and values;

  The classroom uses a variety of teaching methods to teach interactively and interestingly to stimulate children's interest in learning and make English learning more motivational;

  There are 11 courses of difficulty levels, from easy to difficult, proceed steadily. Listening, speaking, reading and writing are strengthened.

  Refuse to have one-size-fits-all services and customize exclusive learning plans and programs based on the child’s level;

  Equipped with dedicated after-school tutors to follow up on learning progress and answer learning doubts;

  Entrance test and grading, and level testing of learning effects will be carried out after class;

  Professional after-class exercises, one lesson at a time, and the knowledge learned in class can be digested on the same day to avoid accumulation of problems;

  The intelligent learning management platform enables parents to fully visualize their children's learning progress.

  

  When parents choose Cambridge Children's English training classes for their children, they are more concerned about which training institution is better and the tuition fee. Stronger institutions invest more in teacher allocation, curriculum research and development, teaching services, etc., and the prices are not too cheap. Shenzhen Midland English offers different class types for students of different age groups. Different class types have different charging standards. If you want to know more about the specific situation, you can consult the online teacher.

  (1) Scientific concept guidance: Positioned for the dual-line development of language ability and talent ability, and multi-dimensional improvement of language, thinking, and exploration abilities;

  (2) Mature content guarantee: scholars from Cambridge University Press, Beijing Foreign Studies University, Sun Yat-sen University and other schools protect the teaching;

  (3) Excellent small classes of 10-12 people: small classes are taught in groups, children actively participate, emphasize key points, highlight characteristics, and achieve personalized development;

  (4) Diverse teaching methods: student-led, using a variety of teaching methods, focusing on teacher-student interaction in the classroom, and breaking the traditional boring classroom atmosphere;

  (5) Full monitoring of learning trajectories: The home-school interactive platform builds a communication bridge between families and schools, accurately analyzes learning effects, and monitors learning trajectories;

  (6) Perfect service experience: Exclusive learning consultants track students’ learning status throughout the process, manage emotions, and communicate with parents regularly.

  Data organization:

  Tags: Shenzhen Cambridge Children’s English Training |

  38 minutes ago

• Quantitative Giant Lingjun Investment Is Once Again Caught In A Storm Of Public Opinion, Responding To Rumors Of Rumors And Trading Restrictions

  Quantitative giant Lingjun Investment has once again been involved in a public controversy.

  Recently, the news that "various securities firms and subsidiaries are comprehensively sorting out and checking whether any of the resigned employees of their units have gone to work in Ningbo Lingjun" has spread in the industry.

  In response, on March 8, Lingjun Investment issued an announcement stating that the news was a rumor and that the company had reported the relevant situation to the regulatory authorities in a timely manner and would report the case to the relevant authorities.

  

  Lingjun Investment said it had reported the situation to the regulatory authorities

  On March 8, market news said: “Each brokerage firm and its subsidiaries have comprehensively sorted out and checked whether any of the resigned employees of their units have gone to work in Ningbo Lingjun.” In response to this, Lingjun Investment stated that the news was an attempt to impersonate a state agency, maliciously spread rumors, and is suspected of violating the law. The company has reported the relevant situation to the regulatory authorities in a timely manner and will report the case to the relevant authorities.

  Since Lingjun Investment restricted trading last month, there have been various "little essays" in the market. There are rumors about Lingjun Investment, involving false resumes of executives, personal attacks and abuses, fabricating false information about the company's operations, etc. There are also rumors targeting the quantitative industry such as industry bans, severe crackdowns, suspension of DMA business, suspension of quantitative sales, etc., and even false news published in the name of a state agency.

  Lingjun Investment said in a statement that in recent days, in order to gain attention and traffic, some Internet self-media have continued to maliciously fabricate and spread a large number of rumors involving the company, and slandered the company and its senior executives. The content involves forging false resumes of senior executives, personal attacks and abuses, fabricating false information about the company's operations, etc., and even pretending to be state agencies to release false news, spread market rumors, mislead public opinion, and cause serious interference to the company's normal operations.

  Lingjun Investment stated that some self-media with ulterior motives have organized and premeditated malicious rumors and slander against the company and the entire quantitative industry in order to gain traffic and their own interests, which has seriously affected investor confidence and has been suspected of violating relevant laws and regulations. Our company has reported the relevant situation to the regulatory authorities in a timely manner, reported the case to the relevant authorities, and taken necessary legal measures to resolutely safeguard our company's legitimate rights and interests and the normal order of the capital market.

  Lingjun Investment calls on cooperation channels, investors and the general public to remain rational and not believe or spread rumors. At the same time, we also hope to work with the media and netizens to maintain a healthy and orderly online environment and resist malicious hype and false reports.

  Just punished by the exchange

  On February 20, the news that Lingjun Investment was condemned and restricted from trading by the Shenzhen Stock Exchange and the Shanghai Stock Exchange attracted market attention.

  According to an announcement from the Shanghai Stock Exchange, on February 19, the Shanghai Stock Exchange discovered during transaction monitoring that from 9:30:00 to 9:31:00, multiple products managed by Ningbo Lingjun sold a large amount of Shanghai stock stocks totaling 1.195 billion yuan, during which the Shanghai Composite Index fell rapidly in a short period of time.

  It was found that the above-mentioned transactions of Ningbo Lingjun violated the provisions of Article 7.2, Item (6) of the "Shanghai Stock Exchange Trading Rules" (hereinafter referred to as the "Trading Rules"), which "automatically generate or issue trading instructions through computer programs to conduct programmed transactions, affecting the security of the Shanghai Stock Exchange system or the normal trading order."

  According to the relevant provisions of Article 7.8 of the "Trading Rules" and the "Measures for the Implementation of Disciplinary Punishments and Supervisory Measures of the Shanghai Stock Exchange", the Shanghai Stock Exchange decided to continuously implement regulatory measures to suspend investor account transactions for related products managed by Ningbo Lingjun from February 20, 2024 to February 22, 2024, that is, to suspend all stock transactions of relevant product accounts listed and traded on the Shanghai Stock Exchange during the above period, and at the same time initiate disciplinary procedures to publicly condemn Ningbo Lingjun.

  As for the Shenzhen Stock Exchange, on February 19, the Shenzhen Stock Exchange discovered during transaction monitoring that from 9:30:00 to 9:30:42, multiple securities accounts under the name of Ningbo Lingjun automatically generated trading instructions through computer programs, placed a large number of orders in a short period of time, and sold Shenzhen Stock Exchange stocks totaling 1.372 billion yuan. During this period, the Shenzhen Stock Exchange Component Index fell rapidly, affecting the normal trading order, and constituting abnormal trading behavior as stipulated in Article 6.2 Item 6 of the "Shenzhen Stock Exchange Trading Rules".

  The announcement emphasized that since the beginning of this year, the securities account under the name of Ningbo Lingjun has been subject to written warnings and other supervisory measures due to abnormal trading behavior many times, but it has not corrected it and continued to have abnormal trading behavior. In accordance with the Shenzhen Stock Exchange's "Implementation Rules for Restricted Trading", "Measures for the Implementation of Self-Regulatory Measures and Disciplinary Punishments" and other relevant regulations, the Shenzhen Stock Exchange decided to impose trading restrictions on the relevant securities accounts under the name of Ningbo Lingjun from February 20, 2024 to February 22, 2024, restricting him from buying and selling all stocks listed and traded on the Shenzhen Stock Exchange during the above period, and initiating procedures for public condemnation and disciplinary sanctions against Ningbo Lingjun.

  Lingjun Investment responded again today, saying that as a local quantitative investment institution, it has always adhered to the concept of being patriotic, abiding by laws and operating in compliance with the law, and devoting itself to public welfare. It is optimistic about and insists on being long in the Chinese stock market for a long time, and its stock positions have always been close to full. Regarding the recent trading restrictions imposed by the Shanghai and Shenzhen Stock Exchanges due to abnormal trading during certain trading sessions on February 19, 2024, the company has deeply reflected and made thorough rectifications, and sincerely welcomes normal supervision from all walks of life.

  Quantitative supervision becomes more stringent

  Regulators have tightened their supervision of quantitative trading in the stock market.

  In early March, the Shanghai Stock Exchange and the Shenzhen Stock Exchange jointly held a transaction compliance training for quantitative private equity institutions, with heads and business backbones from 28 leading quantitative private equity institutions participating. The first part of the training content is to reiterate the types of abnormal transactions; the second part is to guide regulations through regulatory examples, requiring quantitative private equity to strengthen and improve risk control in daily transactions to avoid adverse effects on the market.

  It is reported that the China Securities Regulatory Commission is highly concerned about some issues reported by investors recently, such as the technical differences among market participants, and quantitative trading is a manifestation.

  Market participants said that in recent years, quantitative trading has become an important trading method in the market. From a practical perspective, the market impact of quantitative trading has two sides. On the one hand, it helps to increase market activity and improve transaction efficiency. But on the other hand, entities that use quantitative trading, especially high-frequency trading, have obvious technology, information and speed advantages over small and medium-sized investors. At some points, there are problems such as strategic convergence and transaction resonance, which increase market volatility. Therefore, mature overseas markets generally implement strict supervision on high-frequency trading.

  It is reported that recently, the exchange has punished individual quantitative private equity institutions for abnormal trading behavior in accordance with regulations, which is generally recognized by the market.

  The Paper reporter learned from the regulatory authorities that next, the China Securities Regulatory Commission will take maintaining market fairness as the starting point and goal, adhere to the rule orientation, improve the quantitative transaction supervision system arrangements, focus on high-frequency trading, strengthen supervision from the aspects of data use, transaction reporting, abnormal transaction monitoring, etc., seek advantages and avoid disadvantages, and standardize development. At the same time, we must resolutely crack down on abnormal transactions and violations of laws and regulations, and effectively maintain the normal trading order of the market.

  39 minutes ago

• The Man Called In Sick Multiple Times, But The Company Fired Him Because He Took More Than 16,000 Steps On WeChat

  Man calls in sick multiple times due to back pain and foot pain

  The company discovered that he had foot pain that day.

  WeChat exercise steps exceeded 16,000

  Suspected of "taking sick leave"

  Fired him for absenteeism

  The two parties went to court because of this

  case review

  Xiao Chen is a spring coiler for a company in Jiangsu.

  On February 22, 2019 (Friday), he accidentally sprained his waist while working. After work that day, he immediately went to the hospital for diagnosis and treatment.

  On the morning of February 25 (Monday), he applied to the company's human resources manager for leave to recuperate, informing the other person of his injury at work last Friday. He also took photos and sent the sick leave certificates issued by the two hospitals, and the human resources department immediately approved it.

  From March 4th to 5th, Xiao Chen worked normally for two consecutive days.

  On March 6, Xiao Chen's waist discomfort recurred, and the medical diagnosis was "lumbar sprain." The doctor recommended continuing to rest, and he immediately submitted another sick leave application to the Human Resources Department.

  On March 18, Xiao Chen returned to work. At noon, he complained of foot pain and asked for sick leave from the production manager. Later, he went to the hospital for treatment. He took a photo of the diagnosis certificate stating that he was diagnosed with "right foot pain" and recommended a week's rest and sent it to the production manager.

  On March 19, the HR manager notified Xiao Chen and asked him to bring relevant original documents such as sick leave forms, medical records, inspection reports, etc. back to the company on March 20 to apply for leave. Xiao Chen replied that the original medical record should be kept for subsequent medical use. The HR manager immediately said that the original leave note was required, and other information could be copied by the company.

  On March 20, Xiao Chen went to the company's factory as agreed, but was blocked by security at the door.

  On March 25, Xiao Chen went to the hospital again for medical treatment. The doctor diagnosed him with a "calcaneal bone spur" based on the results of the X-ray and recommended three days of rest. After that, Xiao Chen applied for sick leave for many days in a row due to persistent pain in his feet.

  On April 3, the company sent a dismissal notice to Xiao Chen, which listed "deliberately using sick leave as an excuse to defraud vacation and absenteeism" as one of the reasons for dismissal.

  Xiao Chen, who was suddenly dismissed, decided to apply for labor arbitration.

  After the trial, the arbitration committee made a ruling that the company had illegally terminated the labor contract and needed to pay Xiao Chen 118,779 yuan in compensation. The company was dissatisfied with the ruling and filed a lawsuit in court.

  court decision

  The company claimed that Xiao Chen made false claims about his condition from February 22 to April 3, 2019 (except March 4 and 5), and when submitting the sick leave form, he did not provide the company with the original medical records.

  In order to prove that Xiao Chen's condition was false, the company provided the surveillance video of the factory gate on March 18, 2019 and the WeChat movement records of that day. The video shows: Xiao Chen ran into the factory at 7:52 that day and left the factory on foot at 11:09; WeChat exercise records show that Xiao Chen’s total number of steps at 18:55 that day was 16,949. Based on this, the company maintains that Xiao Chen’s right foot is normal and there is no fact of illness.

  Xiao Chen retorted that it was untenable for the company to conclude that his condition was false simply based on WeChat Sports’ step records and monitoring footage of him running and walking.

  The court of first instance held that: The Labor Contract Law gives the employer the right to terminate the labor contract if "the employee seriously violates the employer's rules and regulations", but the employer should bear the burden of proof.

  Judging from the outpatient medical records provided by Xiao Chen and the diagnostic certificates that have been submitted to the company, it is true that Xiao Chen went to the hospital for low back pain, right foot pain, etc. and took a rest. Moreover, the relevant diagnosis was not only Xiao Chen’s main complaint. The hospital also performed lumbar spine scans, X-rays (bone spurs) and other examinations on Xiao Chen.

  There are many factors that affect the number of steps taken by WeChat. It cannot be inferred that Xiao Chen’s right foot is normal just because he took more steps on WeChat on March 18. Nor can we conclude that Xiao Chen’s condition is false because he was running or walking in the video on that day. The company's conclusion that Xiao Chen was absent from work was obviously insufficient.

  In summary, the court of first instance ruled that the company's termination of the labor contract with Xiao Chen lacked corresponding factual basis and was an illegal termination, and a compensation of 118,779 yuan should be paid.

  The company was dissatisfied and appealed.

  The second-instance court held that the first-instance judgment established the facts clearly and applied the law correctly and should be upheld. Therefore, the appeal was dismissed and the original judgment was upheld.

  

  2 hours ago