In 2023, the soda ash market experienced great changes, and the price fluctuation was obviously intensified. This paper mainly analyzes the changes of soda ash market in 2023, and looks forward to the changes and unchanged in 2024.

　　I. Important changes in soda ash market in 2023

　　In 2023, the soda ash market has undergone many changes, both in supply and demand, and in the market competition pattern. As an important part of three acids and two alkalis, soda ash is known as the "mother of chemical industry". Because of its high degree of standardization and relatively easy preservation, there are more participants in soda ash futures and spot. On the whole, the changes of soda ash market in 2023 include the following five aspects:

　　First, the price fluctuation cycle of soda ash is shortened, and the price elasticity is intensified. Taking the price fluctuation of 1000 yuan/ton as the boundary, it will take several months or even years for soda ash to get out of a 1000 yuan/ton band before 2022, and the soda ash market will experience two waves of 1,000 yuan rise and two waves of 1,000 yuan fall in 2023. In 2023, the huge fluctuation of soda ash showed the characteristics of short-term strong outbreak, and most of the thousand-point market in the year was completed within 1.5-2.0 months. This change has an obvious impact on market participants. If we can’t change our thinking quickly, both spot and futures operations are prone to losses.

　　The picture shows the trend of domestic soda ash futures and spot prices from 2021 to 2023 (unit: RMB/ton).

　　Second, the supply of soda ash continued to increase, and the production capacity increased to a new high. In 2023, the domestic output of soda ash was about 32.54 million tons, an increase of 3.34 million tons, with an increase of 11.44%. This output accounts for nearly half of the global soda production, and has reached a record high. The sharp increase of soda ash production in 2023 is mainly affected by the release of daily production capacity and the increase of operating rate. In 2023, the domestic soda production capacity will increase by 6.3 million tons.Head enterprises represented by Jinshan, Henan Province continued to expand their production capacity. In 2023, the profits of ammonia-alkali method and combined alkali method (double tons) were 876 yuan/ton and 1387 yuan/ton respectively, which stimulated the operating rate to increase by 2.78% to 88.04% during the year.

　　Third, the concentration of soda ash upstream is further improved. The biggest change of soda ash market in 2023 is the sharp increase of industry concentration, and the leading enterprises’ control over prices is obviously enhanced. According to the data of Baichuan Yingfu, by the end of 2023, the effective production capacity of domestic soda ash was about 37.8 million tons, among which the top three enterprises (Henan Jinshan, Boyuan Yingen,The total production capacity is 13.2 million tons, accounting for 34.92%; The total production capacity of the top ten enterprises is 23.7 million tons, accounting for 62.70%. If the production capacity of the same group is combined, the top five enterprises in Henan Jinshan, Zhongyan Group,The total production capacity is about 22.1 million tons, accounting for 58.47%; By the end of 2022, the production capacity of the top five soda enterprises accounted for about 51.11%. Not only is the number improved, but Jinshan, Henan Province is the lowest-cost soda enterprise in China and the lowest-cost chemical soda enterprise in China. The market share of low-cost enterprises has increased, and the impact of the change in operating rate on the market has greatly increased. In addition, China National Salt Group, which ranks in the top five, is the main producer of soda ash delivery products in China, and the domestic soda ash production cost is high. The ecological environment in Qinghai is fragile, environmental protection problems are prone to repeated fermentation, the cost of seawater is high, the price sensitivity is high, and it is easy to reduce production after losses.

　　Fourth, the downstream demand of soda ash reached a record high. In 2023, the domestic total consumption of soda ash was about 31.32 million tons, an increase of nearly 2 million tons compared with 2022. The main increase comes from the increase of photovoltaic glass production. From January to November 2023, the domestic photovoltaic glass output was 22,593,300 tons, an increase of 8,119,300 tons compared with the same period of last year, with a growth rate of 56.10%. It is estimated that the domestic photovoltaic glass output will be 25 million tons in 2023, an increase of 8.8 million tons compared with the same period of last year, and the demand for soda ash will increase by 1.76 million tons. In addition to the impact of the increase in photovoltaic glass production, the increase in lithium carbonate production also brought about some increase.

　　Fifth, soda ash imports hit a new high for many years. In 2023, the export volume of soda ash was about 1.47 million tons, and the import volume was about 770,000 tons, which reached a new high in more than ten years. In 2023, overseas soda production capacity increased slightly, but the growth rate of overseas demand was low. In 2023, the center of gravity of domestic soda ash price moved up, and the spot price rose above 3,000 yuan/ton for many times. After the price difference between domestic and foreign markets was opened, leading glass enterprises and large traders actively imported natural alkali with lower price, mainly American alkali and Turkish alkali. According to the CIF price of US$ 210/ton and the exchange rate of US$ 7.10 against RMB, the total cost of importing trona (including customs duties, value-added tax and transportation fees) for glass enterprises is only RMB 2,000/ton. When the domestic price rises above 2600 yuan/ton, and the price difference is greater than that of 600 yuan/ton, even considering the risk of falling spot price, the import is still profitable.

　　Second, the change and invariability of soda ash market in 2024

　　1. Constant: High volatility continues.

　　The constant price of soda ash, a basic chemical, will be its frequent change, and the high fluctuation characteristics of soda ash will continue in 2024. Soda soda, a non-hazardous chemical, has a high degree of standardization, so it has been widely concerned by market funds. In addition to institutional investors, in recent years, soda production, consumption and trade enterprises have also actively participated in the futures market, and the current institutions are constantly emerging and their influence on the market is increasing. In the constant game of the market, the price fluctuation of soda ash is also obviously intensified, and the high fluctuation will continue in the future.

　　Due to the high fluctuation of soda ash, there are obvious hedging opportunities in the upper, middle and lower reaches of the industrial chain. From 2021 to now, domestic spot price and futures of Shahe heavy soda ashThe price difference of the contract fluctuates obviously, and most of the futures are discounted to the spot, but there have also been several waves of futures premium spot trends. Under the pessimistic expectation, the soda ash futures price in 2023 is mostly discounted in cash, but two waves of soda ash surge in the year make the basis quickly repaired. At present, the soda ash market is still characterized by a large discount on spot futures, and downstream enterprises should actively pay attention to the opportunity to buy soda ash near the cost price in the distant month for hedging. Upstream enterprises rely on spot prices to sell recent contracts for hedging.

　　2. unchanged: the expectation of oversupply is hard to change.

　　Since March 2023, the main trading logic of soda ash market has been the expectation of oversupply brought by production capacity. In 2023, the domestic soda production capacity increased by 6.3 million tons, and there are still nearly 3 million tons of production capacity to be released in 2024. According to the production pace of soda ash, the oversupply of soda ash in 2024 is expected to be obvious, especially in the first half of the year, there are few maintenance arrangements for enterprises, and the supply pressure brought by new production capacity will have a greater impact on prices, and the trend of SA2405 is downward.

　　3. No change: the maintenance effect will continue to ferment.

　　In 2023, the soda ash market fluctuated greatly, and besides the impact of the release rhythm of new capacity, the phased maintenance of old equipment also had a more obvious impact on the price. The surge of soda ash from July to August, 2023 was driven by "delayed launch of new production capacity" and "large-scale overhaul of old equipment", and the surge of soda ash in November, 2023 basically continued the dual drive. Looking forward to 2024, the spot and futures prices of soda ash will face obvious price pressure in the first half of the year, with the increase in imports and the release of new capacity at the beginning of the year, and the maintenance in the first half of the year is usually less. If the price drops sharply in the first half of the year, especially after falling below the cost of ammonia-alkali process, the overhaul of soda ash market will increase obviously, and it is likely to exceed the supply increment brought by new production capacity. From the time point of view, the large-scale overhaul of soda ash in 2024 may take place in June-August, and the double pressure of high temperature superposition and falling prices in summer will promote the overhaul of soda ash enterprises. If the maintenance happens as scheduled, the price of soda ash is likely to rebound in stages.

　　The table shows the influence matrix of soda plant commissioning and maintenance on the price.

　　4, unchanged: photovoltaic glass brings incremental demand.

　　In 2023, 19 domestic photovoltaic glass production lines will be added, and the daily melting capacity will increase by 19,750 t/d to 99,810 t/d. In 2023, the incremental demand of photovoltaic glass for soda ash will be nearly 1.8 million tons. In 2024, domestic photovoltaic glass will still be in the cycle of capacity expansion, and the demand for soda ash will increase, which will still be the main source of incremental demand for soda ash. Affected by the early warning system of photovoltaic glass production capacity and the slowdown of demand growth, after considering the maintenance and other factors, it is estimated that the domestic photovoltaic glass production capacity will increase by 20,000-25,000 t/d to 120,000-125,000 t/d in 2024, the annual output will increase by about 6 million tons, and the demand for soda ash will increase by 1.2 million tons.

　　5. Constant: Downstream demand remains rigid.

　　In 2023, the market of soda ash is mainly driven by the supply side, and the demand side is relatively less sensitive to the price. The downstream of heavy alkali is mainly used for float glass and photovoltaic glass, while the downstream demand of light alkali is relatively dispersed but closely related to food, clothing, housing and transportation. Before the price of soda ash rose above 3000 yuan/ton, the demand of heavy alkali and light alkali changed little; When the price rises above 3000 yuan/ton, the downstream of heavy alkali will obviously reduce the purchase, and some downstream of light alkali will reduce the production to reduce the loss. Because the demand for soda ash is relatively rigid, changes in the supply side will lead to huge price fluctuations. With the continuous increase of photovoltaic glass production, the proportion of heavy alkali demand will continue to increase, and the change of soda ash demand side will be smaller.

　　6. Change: non-traditional demand or exceeding expectations

　　In 2024, the demand for soda ash is expected to increase by 2 million tons, which is close to that in 2023. The incremental demand brought by photovoltaic glass is slightly reduced, and the demand for float glass is slightly increased. Represented by lithium carbonateThe demand for alkali will increase, and new fields such as nano-zinc oxide will create some new demand areas. On the whole, the demand for soda ash in 2024 is not pessimistic, and we will continue to pay attention to the production capacity of photovoltaic glass and the non-traditional demand changes represented by lithium carbonate in the later period.

　　7. Change: the end of the high-profit pattern

　　On the whole, the pattern of soda ash market in 2024 is set to be loose supply, especially in the first half of the year. In 2024, the expectation of oversupply in soda ash market will be fulfilled with a high probability, and the price center may be significantly lower than that in 2023. According to the average price of 2000 yuan/ton of heavy alkali, the average profit of ammonia-alkali process may drop to 200-300 yuan/ton in 2024, which is obviously lower than the average profit of 876 yuan/ton in 2023. In 2024, soda ash spot enterprises may experience staged losses, and individual enterprises may withdraw from the market.

　　8. Change: The overall operating rate of the industry will decline.

　　Under the background of production capacity, it is expected that the price of soda ash will drop and the profit will drop in 2024, and the industry operating rate will decline. Among them, the low-cost natural alkali may maintain a high operating rate, and the operating rate of high-cost combined alkali and ammonia-alkali method may show a downward trend. Periodic losses and maintenance may lead to the operating rate of soda ash industry falling below 80%.

　　9. Change: The import volume may be significantly reduced.

　　In 2023, the import of soda ash increased sharply, and the core reason was the expansion of internal and external price difference. In 2024, the operation center of soda ash price will move down and the import window will be closed. It is estimated that exports will drop significantly in 2024, and the annual export volume may drop to around 400,000 tons, which is lower than 770,000 tons in 2023.

　　10. Change: The mode of trade may continue to change.

　　Influenced by the opportunity brought by the fluctuation of soda ash price, a large number of current institutions have emerged in the domestic soda ash market since 2021, among which Jiangsu, Zhejiang and Shanghai-based institutions are deeply involved. With the advantages of capital, talents and information, current merchants have become one of the leading forces in soda pricing. Through the combination of existing machines, the spot price has become an important way of soda ash spot circulation. Leading float glass enterprises, such as Qibin and Xinyi, also began to use the point price to purchase. Under the impact of the new model, the trade pattern of soda ash has changed greatly, especially in Shahe and Hubei, two delivery warehouses.

　　11. Change: the direction or change of goods.

　　In 2023, a large amount of new capacity of soda ash was released, among which 4 million tons of new capacity of Yuanxing Energy and 2 million tons of new capacity of Jinshan, Henan Province had the most significant impact. Due to the limited consumption of soda ash in northwest China, most of the soda ash in Inner Mongolia and Qinghai needs to be sold abroad. With the continuous release of new production capacity, the trade pattern of domestic soda ash market will also change in the future. The low-cost Yuanxing trona will mainly circulate in the northern region, and Henan Jinshan will further enhance its market share in Central China and East China. The original soda enterprises with North China and Central China as the main consumption areas will pay more attention to the regional markets such as East China and South China in the future, and the competition will be more intense.

　　12. Change: Downstream pricing power will be significantly enhanced.

　　In 2024, the price of soda ash shows a downward trend as a whole, the upstream pricing power will be weakened, the downstream pricing power will be enhanced, and the profit of the industrial chain is expected to be reconstructed. In the downward price stage, the downstream wait-and-see mood may intensify, leading to "negative feedback" in the spot market. When the price of soda ash falls to near the cost of ammonia and alkali, downstream enterprises may increase their replenishment efforts, and then the inventory will be transferred from upstream to downstream. Benefiting from the downward trend of raw material prices, the profit of float glass in 2024 may be slightly better than that in 2023. (Author:Futures)

Explain the valve knee.

The one I received was not practical, but a model, but this one is really not a model.

First of all, let’s have a look. For example, the mouth here is one, which means two, and this is two. This is one with six, and this is two. This side should be six sevens, and the back side should be eight at the top. This side must follow the drawing, and I don’t remember it clearly. It has to be played against it.

The torque on this side is 10 Nm in all aspects. The warning is 5 Nm first, and the tightening is 10 Nm after warning is 5 Nm. The two screws on this side correspond to the screws on the exhaust socket pipe, and this side should also be 10 and 12. These two should be two when they were wrong just now. The ignition coil is inside, and the cannon plug is inside. The electromagnetic side is brand new.

Isn’t there a bypass room here after loading, so there is a gift here, so you must push it up after loading with this small bag, otherwise it will be pressure-relieved, and it will be exactly the same as whether it is loaded or not, and the waste gas will still be oily here, so this thing should be inserted in time after loading.

Here is the antifreezing valve, and here is the antifreezing valve of the exhaust pipe. It costs 39 yuan to buy the pipe, the oil inlet and the cover separately. This is a complete set.

　　The newspaper reported on 6th (reporter Guo Minghua, Xue Jing, Sang Lei) that on 6th, Chinese People’s Political Consultative Conference, a member of Heilongjiang Province who attended the 14th session of Chinese People’s Political Consultative Conference, attended the group meetings of his respective sectors, discussed the government work report, plan report and budget report with members from all over the country, and continued to review the work report and proposal work report of the Standing Committee of Chinese People’s Political Consultative Conference.

　　Lan Shaomin, member of Chinese People’s Political Consultative Conference and chairman of the Heilongjiang Provincial Political Consultative Conference, said during the discussion that the past five years have been extremely unusual and extraordinary. In the past five years, the overall situation of the world has changed, the epidemic situation in the century has been violently impacted, and the risk challenges have followed, and the stormy waves are gripping. Under the strong leadership of the CPC Central Committee with the Supreme Leader as the core, historic achievements and changes have taken place in various undertakings of the party and the country. Premier Li Keqiang’s report on government work is a practical chapter on government work that thoroughly implements Socialism with Chinese characteristics Thought of the Supreme Leader in the new era and the spirit of the 20th Party Congress, a summary of the laws and experiences of high-quality development in the past five years, and a policy-oriented declaration on restoring economic growth in the post-epidemic era, which fully embodies the firm stand with a clear-cut stand, profound thinking from practice, and the scientific spirit of seeking truth and being pragmatic. I fully agree with the government work report. The plan and budget reports are also very realistic, and I fully agree with them. Two suggestions are put forward: First, regarding the issue of supporting small and medium-sized enterprises, the financing environment of small and medium-sized enterprises should be further optimized, and the capital occupation of small and medium-sized enterprises by upstream and downstream should be further rectified. Second, on the issue of solidly promoting the strategy of coordinated regional development, we should support greater agglomeration and better development of industries in high latitudes.

　　Huang Jiansheng, member of Chinese People’s Political Consultative Conference and former chairman of the Heilongjiang Provincial Political Consultative Conference, said that the government work report held high the banner, was pragmatic and inspiring. First, great achievements have not come easily, and China’s development has stood at a new and higher historical starting point. Second, the development goals are positive and feasible, in line with the central decision-making and deployment and the expectations of the people. Third, the work suggestions are scientific and reasonable, which fully embodies the economic thought of the supreme leader and the spirit of the 20 th Party Congress. The work report of the Standing Committee of Chinese People’s Political Consultative Conference has a clear-cut stand, stressing politics, concentrating on development and summing up experience before moving forward. First, the work is upright and innovative, with many bright spots and many new achievements. Second, experience comes from practice and is precious. The reason why the CPPCC has flourished lies in the strong leadership of the CPC Central Committee with the Supreme Leader as the core and the scientific guidance of Socialism with Chinese characteristics Thought in the new era of the Supreme Leader. Third, the cause will carry forward the past and have broad prospects. We must firmly support the "two establishments" and resolutely achieve the "two maintenances" to promote the continuous development of the CPPCC cause in the continuous struggle.

　　Xu Jianguo, member of Chinese People’s Political Consultative Conference, member of the Standing Committee of Heilongjiang Provincial Party Committee and director of the United Front Work Department, said that the government work report runs through Socialism with Chinese characteristics Thought of the Supreme Leader in the new era and the spirit of the 20th Party Congress, embodies the fundamental requirements of high-quality development, and responds to the common expectations of the people. It is a good report that holds high the banner, is pragmatic and inspiring. In the past year and five years, China’s economic and social development has made remarkable and extremely difficult achievements, which are fundamentally due to the steering of the Supreme Leader General Secretary and the scientific guidance of the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era. We should focus on the primary task of high-quality development, give play to the powerful magic weapon of the United front, make extensive efforts to promote Chinese modernization, support "two establishment" and achieve "two maintenance" with practical actions.

　　Han Shengjian, member of Chinese People’s Political Consultative Conference and vice governor of Heilongjiang Province, said that the government work report continued to emphasize "unswervingly expanding opening to the outside world" and supported Heilongjiang to build a new highland open to the north, further demonstrating to the international community China’s confidence and determination in opening to the outside world. In the future, we will continue to work hard from two aspects. On the one hand, we will use greater efforts to attract and utilize foreign capital; On the other hand, we should support China enterprises to go out in a healthy and orderly way, and maintain the tenacity and stability of the global industrial chain and supply chain.

　　Zhang Xianyou, member of Chinese People’s Political Consultative Conference and vice chairman of the Heilongjiang Provincial Political Consultative Conference, said that in the past five years, under the strong leadership of the Central Committee of the Communist Party of China with the supreme leader as the core, China has overcome various unfavorable factors and made new achievements in many fields that have attracted worldwide attention. As a member of Chinese People’s Political Consultative Conference, who lives in Heilongjiang Province, we should thoroughly study and implement the Supreme Leader’s Socialism with Chinese characteristics Thought in the new era, perform our duties with high standards, make suggestions with high quality, and contribute wisdom and strength to unswervingly promote the practice of Chinese modernization in Longjiang.

　　Pang Da, member of Chinese People’s Political Consultative Conference and vice chairman of the Heilongjiang Provincial Political Consultative Conference, said that in the past five years, in the face of extremely complicated and severe development environment, the Central Committee of the Communist Party of China, with the Supreme Leader as the core, United and led the people of all ethnic groups across the country to overcome difficulties, stabilized the economic market and made new achievements in various undertakings. The recommendations of the government work report on this year’s work are focused, especially the measures to support market players, continuously stabilize employment, and ensure and improve people’s livelihood. It is a good report that unites strength and leads development.

　　Chi Zijian, member of Chinese People’s Political Consultative Conference and vice chairman of the Heilongjiang Provincial Political Consultative Conference, said: the common feature of the work report of the Chinese People’s Political Consultative Conference Standing Committee and the report on the proposal work is that the style of writing is simple. Over the past five years, Chinese People’s Political Consultative Conference has clearly defined its responsibilities, and promoted its work in an orderly way, keeping a low profile and being pragmatic. In seeking good strategies for the government, we have stood high, conducted in-depth research and made accurate contributions, and achieved hard-won and remarkable results. The construction of scholarly CPPCC is one of the highlights of the 13th Chinese People’s Political Consultative Conference.

　　Qian Fuyong, member of Chinese People’s Political Consultative Conference and vice chairman of the Heilongjiang Provincial Political Consultative Conference, said that China has made great efforts in the past five years and in 2022, and achieved "hard-won new achievements". The achievements have benefited from the guidance of the Supreme Leader Socialism with Chinese characteristics Thought in the new era, the strong leadership of the Central Committee of the Communist Party of China and the United struggle of the people of the whole country. In the government work report, the guiding ideology, development expectation and key tasks of this year’s work have fully implemented the spirit of the 20 th National Congress of the Communist Party of China and the deployment of the Central Economic Work Conference, providing guidance for the next step.

　　Sun Shen, member of Chinese People’s Political Consultative Conference and chairman of Harbin CPPCC, said that in the past five years, the central government has made high-quality development the primary task of building a socialist modern country in an all-round way, and laid a solid foundation for Chinese modernization with high-quality development. In the past five years, the cause of the CPPCC has achieved new development and created a new situation. We should conscientiously digest and absorb the good experiences and practices accumulated by Chinese People’s Political Consultative Conference, and strive to promote innovation, breakthrough, development and progress in all our work.

　　Cao Zhian, member of Chinese People’s Political Consultative Conference and chairman of Harbin Electric Group Co., Ltd., said that he will conscientiously implement the deployment of government work report, implement the main responsibility of enterprise innovation, promote the deep integration of innovation chain, industrial chain, capital chain and talent chain, continuously improve the development vitality and competitiveness of equipment manufacturing industry, lead and promote the high-quality development of equipment manufacturing industry, and earnestly shoulder the historical mission and responsibility of the times to promote China’s transformation from a manufacturing power to a manufacturing power.

　　Zhang Li, Fang Chuanlong, Kong Lingquan, Fan Feng, Xiao Xinguang, He Wenhui, Zhang Aman, Wu Ligang, Zhang Yichen, Zhang Hong, Wu Xiaoke, Zhao Kunyu, Joseph Yue, Zhou Chunling, Mingde Wei, Zhang Haihua, Zhang Zhongkai and other 17 members of the National Committee of the Chinese People’s Political Consultative Conference who live in Heilongjiang Province also focused on discussing and speaking on the government work report. Everyone agrees that the summary of the government work report is objective and comprehensive, and the planning work is clear and practical, full of the country’s greatness and the people’s concern, conveying a pragmatic work attitude and innovative and pragmatic work style, which further boosted confidence for CPPCC members to perform their duties.

In the past two months, another group of stars have been going abroad one after another, some for the elderly, and some for enjoying life.

I. Zhou Weixing

Zhou Weixing is a famous comedian in southern China. He was once as famous as Qizhi and soldier. Zhou Weixing is 65 years old this year.

After divorcing his first wife, he met a Latvian beauty who was 30 years younger. They got married and gave birth to two mixed-race daughters.

Zhou Weixing’s eldest daughter is married and has children, about the same age as his wife, and Zhou Weixing’s father-in-law is two years younger than him.

Recently, Zhou Weixing flew from China to Latvia with two cats. Later, his daughter will go to school in Latvia, and his wife will live in Latvia with her children.

In other words, the focus of Zhou Weixing’s family is in Latvia, not China. Recently, Zhou Weixing also aired her daily life in Latvia on social platforms and shared what she saw and heard.

However, Zhou Weixing is the vice chairman of Hunan Quyi Association, so it is unlikely that he wants to emigrate. However, it is quite possible to get a green card after retirement and settle abroad with his wife.

Second, Yuan Wah

In May, some netizens met Yuan Wah, a famous Hong Kong martial arts actor, in Vancouver, Canada.

Yuan Wah, 70 years old, climbs the mountain with her little grandson in her arms. She’s over 70 years old, but she’s hale and hearty, and she’s as fast as flying, so netizens didn’t even have time to take a group photo.

Yuan Wah has been married to his wife for many years, and has a son and a daughter. The son has settled in Vancouver, and two children have also been born.

Today, Yuan Wah and his wife spend most of their time in Vancouver to take care of their grandchildren. When they reach retirement age, they will also support their grandchildren.

Third, Michael Miu

Michael Miu, like Yuan Wah, went to Canada for the sake of her children. Michael Miu’s daughter grew up and settled in Canada, and now she is going to enter the Canadian entertainment industry.

Michael Miu is 65 years old, but he still hasn’t given up his career in China. The TV series "Happy Desire" starring him just finished.

But as soon as it was finished, Michael Miu rushed back to Canada, and his boxing coach also shared Michael Miu’s exercise routine.

Michael Miu really answered that sentence: making money at home and spending it abroad. But this is a personal choice, and others can’t control it.

Fourth, Du Lisha

Du Lisha, a famous Hong Kong singer, is known to the mainland audience. She should be the variety show "The Singer" in 2017.

Du Lisha was born in Hong Kong, with mixed blood between China and the Philippines, but now she has immigrated to Canada, and her nationality has changed. Du Lisha is 66 years old and retired in the music world, but in 2022, she also participated in CCTV’s Hundred Flowers Spring Festival Gala.

Now, Du Lisha has settled in Canada with her second foreign husband, and the life is very comfortable.

I have to say, Du Lisha is well maintained, and you can’t see any old age.

V. Sandy Lam

Sandy Lam was born in Hongkong and her ancestral home is Ningbo, Zhejiang, but her nationality has already been changed to Canada.

In 2018, Sandy Lam also released her new album, but she has been in seclusion ever since. According to friends in the circle, Sandy Lam has been studying with her daughter in Britain in recent years.

Sandy Lam’s daughter, born to her ex-husband Jonathan Lee, is 25 years old and looks like a mother.

After her daughter graduated, Sandy Lam moved to Japan for a short stay. It is reported that she has family and real estate in both countries.

Sandy Lam is being invited to the next season of the online biography "The Sound is Endless", and Sandy Lam, who has nothing to do, seems to be interested in attending. Qiu Likuan, the agent, also invited her to give a concert in Macau.

Sandy Lam had been in love with musician Jun Kung for eight years, but they broke up in 2019. At present, Sandy Lam’s emotional situation remains a mystery.

Sixth, Yoyo Mung

Yoyo Mung completely immigrated to Japan last year and set up a real estate company in Japan.

In April this year, her husband Ekin Cheng returned to Macau to hold a concert, and Yoyo Mung appeared, but she used Japanese to communicate all the time. She also gave herself a Japanese name of "YOYO Sang". (YOYO is her English name)

It seems that the couple don’t make much money in Japan, otherwise there is no need for Ekin Cheng to hold a concert in Macau suddenly.

Yoyo Mung’s "pro-Japanese" behavior has actually ruined her goodwill in the audience’s mind, but Ekin Cheng rarely made a statement, and generally "the woman sings with her husband".

If this continues, Ekin Cheng wants to make money in the mainland, but it will become more and more difficult, and the audience will not buy it.

In the past two years, many stars have been sent abroad, some true and some false. For example, Wang Gang emptied his social account in April, and everyone thought that he wanted to emigrate. Later, he explained that he had no energy to manage.

In the "Iron Triangle", Zhang Tie-Lin has already joined British citizenship early, so the public will speculate on Wang Gang.

In fact, if you don’t want to be judged, you can learn from Zhang Guoli, who declared as early as 2019 that "he will never emigrate".

Just as Kenny Ho, a Hong Kong star, was asked why he didn’t emigrate, he replied: If a first-class citizen doesn’t do it, why go abroad to be a second-class or third-class citizen? He will "embrace the motherland and refuse to immigrate".

Everyone’s life choices are different, and it is difficult for some stars who have emigrated to other countries to come back now, such as Mr. and Mrs. Lv Liping.

If you choose, you have to take responsibility for your choice, and don’t regret it.

Editor in charge:

produce｜Vehicle domain information

author｜Xiao Xiao has words

At the launch conference of Xiaomi Automobile, the founders of the three new forces of "Wei Xiaoli" appeared at the event site, and the chairman, the new chairman Zhang Jianyong, CEO and other big names also appeared at the conference. The guest lineup was comparable to the top forums in the industry.

In addition, before the press conference that day, Lei Jun, Chairman of Xiaomi Automobile, and Wei Jianjun, Chairman of Great Wall Motor, presented each other with a car ceremony. Wei Jianjun, Chairman of Great Wall Motor, visited the site and presented a car to Lei Jun, founder of Xiaomi. As a gift, Lei Jun also presented Wei Jianjun with a top-of-the-line SU7. This is probably the first time in the industry for so many years.

The pricing that the market is generally concerned about is chosen to be announced in the last link. The new car is divided into three versions, including SU7 standard version, which has 700 km long battery life and intelligent driving function, and the price is 215,900 yuan; SU7 Pro version comes standard with 830km long battery life and Xiaomi Zhijia Max city NOA, with a price of 245,900 yuan; SU7 Max version, with more emphasis on performance and benchmarking, is priced at 299,900 yuan. The above three models will be booked from now on.

butXiaomi SU7 series will start to pay the deposit at 22:00 on March 28th.Before April 30, Dading will give free car smart refrigerators, luxury stereos and leather seats. Xiaomi Zhijia Pro is free to use for life.Dading customers who place orders before April 30 can get three free gifts with a total value of 16,000 yuan. These include a smart car refrigerator worth 2,000 yuan, a luxurious sound system worth 6,000 yuan and a Nappa leather seat worth 8,000 yuan..According to this calculation, the price of the standard version of Xiaomi SU7 is less than 200,000 yuan, the Pro version is less than 220,000 yuan, and the Max version is less than 250,000 yuan. This is the cleverness of Xiaomi’s pricing. The service that should have been included in the price of the whole vehicle is kept at a reasonable level by giving it away for free.

Lei Jun said that intelligence is essentially "car × electric × intelligence". In the past decade, the industry has solved the problem of electrification, and the next decade will be a decade of intelligence. "Intelligence is the soul of a car, and intelligence will become the decisive point of this era." And products also appeared at the press conference, such as flashlights, fragrance systems,Back flat bracket set, car-mounted wireless charger bracket, speaker changeable, changeable central control panel, changeable center console, walkie-talkie,Sunshade, vehicle-mounted portable charging and discharging gun, vehicle-mounted karaoke microphone,Pickup ambient light, intelligent double dial, outdoor sound, car model, etc. In addition, there is Xiaomi’s 澎湃 OS and its APPlication app ecosystem. It can be predicted that Xiaomi SU7 can make a lot of money without making money.