1. The character of my beloved wife collapsed in 1941! Jen-Hsun Huang lost 3 trillion overnight and may be fired from Nvidia
2. It was revealed that FAW-Volkswagen canceled the two-year "year-end bonus". Some engineers said the total amount was about 200,000 yuan.
3. Li Jiaqi was revealed to have purchased a top-notch supercar! The landing price is nearly 20 million yuan, and the annual sales volume is 175 billion yuan.
4. It is rumored that Ali Pingtou plans to IPO in Hong Kong next year
5. The Japanese dismantled a Chinese electric car again: calling the motor structure “almost the same as Tesla”
6. The price of Doubao’s new image model has dropped
7. China’s big AI model wins again! Leading the United States for 28 consecutive weeks, winning four of the top five spots in the world
8. Apple CEO urges the team to speed up Siri development: two major improvements will be implemented in the next few months
The character of my beloved wife of 41 years collapsed! Jen-Hsun Huang lost 3 trillion overnight and may be fired from Nvidia
According to news on November 10, the recent private extramarital affair scandal of Nvidia CEO Huang Jensen triggered a violent chain reaction in the capital market. The company’s US stock price fell 8.8% during the session. Calculated based on NVIDIA's total market value of approximately US$4.5 trillion before the scandal was exposed, the largest intraday market value shrinkage that day was close to US$396 billion (approximately 2.81 trillion yuan), directly setting a record for the largest single-day market value loss of a global listed company due to a personal scandal involving an executive. During this sharp fluctuation in stock prices, the book value of Nvidia shares directly held by Huang Renxun himself also shrank by approximately US$14.3 billion, which is approximately 101.5 billion yuan when converted into RMB.
As previously reported, Nvidia CEO Jensen Huang admitted to cheating on November 8, and Nvidia has launched an investigation into him. Dan Ives, partner and senior managing director of Yorkville Ives, an American investment institution, said: "Obviously, based on the findings of the board of directors, Huang Renxun may be removed from the position of CEO." As the co-founder of Nvidia, Huang Renxun is known for his hands-on and tireless management style. Nvidia has not yet announced a clear succession plan, and Huang Renxun has not clearly designated a successor.
It is worth noting that a few days ago, some US officials claimed that the woman who had an extramarital affair with Huang Renxun worked for the Chinese intelligence agency. In response, Foreign Ministry spokesperson Guo Jiakun said: "The so-called Chinese spy argument is purely based on rumors and slander."
It is reported that Huang Renxun met his wife Loli when he was 17 years old, and the two have been married for 41 years. He once responded to a Korean variety show about why he always wears leather jackets: "My wife asked me to wear it. Everything I wear is bought by my wife." He also said that he does not shop at all. "I have stopped shopping at all since I met my wife at the age of 17." (Yicai Global, Daily Economic News)
It was revealed that FAW-Volkswagen canceled the two-year "year-end bonus", and an engineer said that the total amount was about 200,000 yuan.
According to media reports on November 9, FAW-Volkswagen verbally communicated internally last week that BD bonuses will be canceled in 2025 and 2026. The BD bonus is known internally as a "policy" and accounts for approximately 40% to 45% of an employee's total annual income. Because the amount is relatively high and is assessed annually, it is regarded by employees as a year-end bonus. It is estimated that for an engineer from the Chengdu branch, his two-year BD bonus will total about 200,000 yuan based on previous years' levels.
According to the report, BD bonuses are usually paid into employee accounts in August of the following year after the end of the year. According to this timeline, the BD bonus in 2025 has exceeded the recording time in previous years, and the 2026 bonus should have been paid in 2027. Being told that two years of important income would be canceled at the same time was the main reason why employees reacted so strongly. This adjustment involves engineering technicians and workshop workers in the P and O series. At present, employees have not seen written documents.
According to reports, the operation method of FAW-Volkswagen BD bonus is relatively special. After the company determines the annual amount, it will deposit the funds into the group annuity insurance account in the name of the employee. The employee can withdraw it after reaching the agreed number of years. Resignation will not affect the payment. In addition to the cancellation of BD bonuses, many employees interviewed reported that monthly income has also declined in recent years, with the decline ranging from 20% to 30%. The company attributed the reasons for the adjustment to policy changes and operating pressure in internal communications.
The media also learned from multiple employees that FAW-Volkswagen plans to adjust the salary structure at the end of 2026 and no longer set up BD bonuses from 2027. As of press time, FAW-Volkswagen has not issued an official response on relevant arrangements. (Interface News, Fast Technology)
Li Jiaqi was revealed to have purchased a top-notch supercar! The landing price is nearly 20 million yuan, and the annual sales volume is 175 billion yuan.
According to news on November 9, recently, some media captured footage of Li Jiaqi allegedly mentioning a "new car", which aroused the attention of netizens. The car that appears in the video is the Aston Martin Valhalla. Some car bloggers said that the car’s landing price is close to 20 million yuan. In the picture, Li Jiaqi appeared in casual clothes wearing a mask and glasses, looking very relaxed. However, as of now, Li Jiaqi himself and his team have not responded to the matter. It is still unclear whether the vehicle indeed belongs to Li Jiaqi himself.
As the leading anchor in the field of Taobao live streaming, Li Jiaqi’s business ability to attract money has never been underestimated. Take this year's Double Eleven as an example. Li Jiaqi's live broadcast room even sold AI computing power - Token. Among them, the Qianwen Office personal membership monthly card, priced at only 1 cent, sold 100,000 copies within half an hour of going on sale, equivalent to about 2 trillion tokens.
According to the "2025 Hurun Talents Top 100 Commercial Value" list released by Hurun Research Institute, Li Jiaqi ranks first among live-streaming delivery experts, with estimated GMV for 2025 reaching 175 billion yuan, far exceeding the average annual GMV level of 3.3 billion yuan for delivery experts in the industry. In addition, its estimated annual total revenue from advertisers alone reaches 1.8 billion yuan. In comparison, the average annual revenue of advertisers who are not live broadcast delivery experts is only 34 million yuan. (Quick Technology)
Rumor has it that Alibaba plans to IPO in Hong Kong next year
According to foreign media reports on November 9, Ali Pingtou Ge plans to go to Hong Kong for an IPO next year to raise US$2 billion to US$3 billion.
Previously, CEO Wu Yongming said in Ali's financial report conference call: "Pingtou Ge has been successfully commercialized, with a chip scale of more than 470,000 pieces, and an annual revenue scale of more than 10 billion... We do not rule out an IPO in the future, but there is no clear time point yet."
In January this year, foreign media reported that Alibaba Group was planning to spin off its chip design subsidiary T-Head and list it independently. Alibaba plans to first reorganize Pingtouge into an independent company that is partially owned by employees, and then explore an IPO. (Bull whipper)
The Japanese dismantled a Chinese electric car again: calling the motor structure "almost the same as Tesla"
According to news on November 9, Japan has dismantled a Chinese tram again. This time they purchased the overseas version of the Leap-running B05 (domestic Lafa 5). The team conducted a comprehensive disassembly of the entire vehicle, covering multiple modules such as the powertrain, CTC chassis, thermal management system, smart driving hardware, and body structure. What amazed the Japanese engineering team was the many eye-catching designs in engineering integration of this affordable model.
In the CTC chassis integrated design, the battery pack of traditional electric vehicles will be equipped with an independent metal upper cover, while Leapmo directly uses the body floor as the battery upper cover, and the battery cells are integrated inside the chassis, eliminating the need for a heavy battery upper case. The Japanese side commented that this technology has strict requirements on the manufacturing accuracy of the entire vehicle and is also the highlight of the vehicle with the highest technical content.
The power unit also performs outstandingly. The vehicle is equipped with a six-in-one rear permanent magnet motor. Its basic topology is almost the same as that of Tesla. The assembly weighs only 75kg, with a maximum output power of 160kW and a peak torque of 240Nm. On this basis, Leapao has also conducted self-research and optimization on the motor. The rotor core adopts a segmented laminated structure to effectively improve the operating noise of the motor.
In addition, the core components of the Leopao Lafa5 are self-developed and produced at about 60%. A large number of core components such as electronic control and electric drive are all self-developed, eliminating the need to purchase high-priced components. This is also the core reason why the car can be sold in the European market with a starting price of 26,900 euros. (Quick Technology)
Beanbao new image model price drops
On November 9, ByteDance released Seedream 5.5, a beanbag image creation model. Compared with the previous generation Seedream 5.0 Pro, the new model generation speed is improved, the stability of multi-round editing is enhanced, the generation of transparent materials is natively supported, and key optimizations have been made for image realism and small text rendering. Currently, Doubao, Doubao Work, and Jimeng have been synchronized to Seedream 5.5, and the API will be launched on Volcano Ark soon.
In terms of pricing, Seedream 5.5 API continues the two-stage billing structure of "input image + output image", and text tokens do not incur fees. Taking 2K square image editing as an example, the cost per image is about 0.28 yuan, less than half of Seedream 5.0 Pro. (China Business News)
Maserati will cooperate with Zunjie to promote localized production
On November 9, the media learned that the cooperation project between Maserati and Zunjie is called "Maserati Design". The project is a tripartite cooperation between Huawei, JAC and Stellantis. At present, the appearance of the new car has been confirmed, and further mass production is planned for the fourth quarter of next year.
A person familiar with the matter said: "Due to Maserati's domestic production qualification issues, the project will be manufactured through Jianghuai and empowered by Huawei." At the same time, the cooperation will be divided into two routes, domestic and foreign. Domestic, "Zunjie" will be the main sales body, and overseas, it will still be sold under the Maserati logo.
On the same day, there was another news that Zunjie may launch a new sub-brand, with a price range of around 400,000 to 500,000 yuan and a model focused on SUVs. Subsequently, Xinxing CEO He Lei posted on social platforms to refute the rumors, saying, "This news is untrue and it is not a Zunjie sub-brand." The earliest report of this rumor also stated that the cooperation between the new sub-brand and Maserati "belongs to two projects." The specific details of the sub-brand have not yet been formally determined. (China Business News, Kuai Technology)
China’s big AI model wins again! Leading the United States for 28 consecutive weeks, winning four of the top five spots in the world
According to the latest data from OpenRouter, the total number of global AI large model calls last week (November 2 to 8) reached 210 trillion Tokens, a month-on-month increase of 8.25%. Among the large AI models on the list, the weekly volume of China's large AI models reached 116.18 trillion Tokens, a month-on-month increase of 16.71%; during the same period, the weekly volume of large American AI models was 13.98 trillion Tokens, a month-on-month decrease of 32.4%. So far, China's weekly calls for large models have been higher than those of the United States for 28 consecutive weeks, continuing to lead the world.
Among the top five on the list, four are from China. Among them, DeepSeek V4.1 Flash 1017 has won the first place for three consecutive weeks, with a single-week call volume of 56 trillion Tokens, an increase of 17% from the previous month; DeepSeek V4.1 Flash ranked second, with a weekly call volume of 17.6 trillion Tokens, an increase of 18% from the previous month; GLM 5.3 Flash ranked third, with a weekly call volume of 13.2 trillion Token, a month-on-month decrease of 12%; the newly launched Tencent Hunyuan Hy4 broke into the list and ranked fourth, with a weekly call volume of 12.8 trillion Tokens; GPT-6 Luna ranked fifth, a month-on-month decrease of 25%.
Looking back, the same OpenRouter data showed that in the week from March 9 to 15, China's large model API call volume was 4.12 trillion Tokens, exceeding the US model's 2.94 trillion Tokens for the first time. Since then, domestic large models have continued to lead, and have won 28 weeks of advantage so far. It should be added that although OpenRouter data only counts API traffic forwarded through the platform, manufacturers' own APIs, cloud services, privatized deployments, and C-side web application traffic are not included in the statistics, and cannot be equated to the overall market share of global large models. (Quick Technology)
WorkBuddy apologizes for not announcing the discount adjustment in time and will automatically refund 50% of the point difference.
On the evening of November 8, Tencent's AI tool WorkBuddy released the "Instructions and Compensation Announcement on the DeepSeek-V4.1 Flash Discount Activities", apologizing to users for not promptly announcing the adjustment of the discount activities, and announcing a compensation plan: Accounts that have used DeepSeek-V4.1 Flash from 14:00 on November 5 to 23:59 on November 8 will use DeepSeek-V4.1 during this period. All points consumed by the Flash model will be settled at a 50% discount on the original price, and the difference (i.e. 50% of the total points actually consumed) will be fully refunded.
There is no need to apply for this refund, the system will automatically calculate and refund it, and it is expected to arrive within 7 working days. (China Business News)
The shelf life of layer cake is 9 months? The first product of Hehui Tong’s self-operated brand was questioned, customer service responded
According to news on November 9, recently, Hehui Peer officially announced its own brand "Heyu Chunshi" and launched its first product, the Thousand Layer Cake Series. According to third-party platform data, on the day the product was launched, Heyuchunshi’s live broadcast room sold more than 100,000 orders, with sales exceeding 10 million yuan. However, later, controversy arose because the cake had a shelf life of 9 months, with many netizens questioning whether a large number of preservatives were added to the product. In this regard, Heyuchunshi customer service said that the "shelf life of 9 months" means that "with correct storage, it is safe to eat within 9 months and the flavor is guaranteed", not "can be stored casually for 9 months".
The customer service explained, "It can be stored for so long because it uses a freezing freshness-locking process instead of relying on preservatives." "It is best to eat it all at once after thawing. It is not recommended to refreeze it. Repeated thawing will increase the risk of bacterial reproduction." Customer service said.
On the evening of November 5th, the "He and Spring" live broadcast room launched this layer cake product, and offered two flavors: Musang King Golden Pillow Durian and Pure Cocoa Butter Chocolate. The net content of a single box is 450g, and the price starts at 56.9 yuan. The combined price of two boxes is 99.9 yuan. The initial inventory was sold out within half an hour of the live broadcast. Customer service stated that this product is currently out of stock and is expected to be available again on November 20. (Sina Technology)
Bank of China’s iPad/Mac can use AI! Apple smart registration adds tablets and laptops
According to news on November 9, Netcom Shanghai issued an announcement that in accordance with the relevant requirements of the "Interim Measures for the Management of Generative Artificial Intelligence Services", the "Apple Smart" generative artificial intelligence service has added two new scenarios: Apple tablets and Apple laptops.
It is reported that Apple Smart completed its first registration on July 8, with the registration number Shanghai-AppleZhiNeng-202506160057. It was announced by the Internet Information Department on July 15 together with six other mobile terminal-side generative AI services. At that time, only mobile phones were covered.
On November 4, Apple smart phones were opened to Chinese users for testing with the iOS 27.3 developer beta. According to Apple, when the official version of iOS 27.3 is released in December, it will be officially launched for Chinese users. The mobile phone process has been run through before. iPadOS and macOS should be photographed very quickly, and may be launched simultaneously. (Quick Technology)
Alibaba Cloud announced an increase in the Token Plan quota: the monthly fee remains unchanged, and the quota increases by more than 70%
According to news on November 9, Alibaba Cloud announced an increase in the Token Plan personal version subscription quota. The monthly fees for the three packages Lite, Essential, and Standard will remain unchanged, and the monthly quota will increase by approximately 74% to 78%. Specifically, the Lite package limit has been increased from 11,500 Credits to 20,000 Credits, with a monthly fee of 39 yuan; the Essential package limit has been increased from 25,500 Credits to 45,000 Credits, with a monthly fee of 79 yuan; the Standard package limit has been increased from 45,000 to 80,000 Credits, with a monthly fee of 139 yuan.
According to reports, Token Plan is a large model subscription service launched by Alibaba Cloud. It can be connected to AI programming and agent tools such as Qianwen Office, Qianwen APP, Qoder, Qwen Code, Claude Code, etc. Credits can be used to uniformly deduct the costs of different model calls and Agent Harness tools, and supports text and multi-modal models. Users who write code, build pages or debug personal agents in these tools can use the new quota to make more rounds of interactions and modifications.
This adjustment also covers existing subscribers. Starting from November 9, the new quotas of the four packages will take effect one after another, and the total quota in the current subscription cycle will be made up according to the new standards; the current cycle price for existing Pro users will remain unchanged, and the new price will take effect from the next subscription cycle, and upgrades and renewals will be carried out at the new price. (Sanyan Technology)
Tencent Yuanqi has officially stopped serving! Application access, data reading and writing, and API calls are completely closed
On November 9, Tencent's official intelligent agent platform Tencent Yuanqi officially stopped services, and all public-facing services such as platform application access, data reading and writing, API calls, and console use were completely closed. Agents published to official accounts, service accounts, WeChat customer service and other channels through the Yuanqi platform are also unable to continue to respond to user conversations.
According to official arrangements, from November 9, 2026 to January 9, 2027, users can still log in to the Yuanqi Data Export Console and download previously backed up data. The supported exported content includes agent configurations, knowledge bases, custom plug-ins, conversation records, workflows, and widgets, etc. Starting from January 9, 2027, except for logs and other records that are required to be retained by laws and regulations, Tencent will delete all user data in accordance with the law and will no longer accept data export applications thereafter.
It is understood that Tencent Yuanqi will be launched in 2024. It is a one-stop intelligent agent creation and distribution platform provided by Tencent to users. It supports the creation of intelligent agents through prompt words, plug-ins, workflows, etc., and is connected to multiple distribution channels within the Tencent ecosystem. (Quick Technology)
Meituan Totoro’s open source LongCat-2.5 model: total parameters 1.6 trillion, supports millions of contexts
According to news on November 9, on November 2, Meituan Totoro released LongCat-2.5, a native multi-modal model for long-range agent tasks. Then on November 9, Meituan announced that the model was officially open source.
This model adopts the MIT protocol and supports commercial inference deployment and secondary training without additional authorization. It is a native multi-modal model for long-range agent tasks. In complex code base development, complete project construction, visual coding and professional office scenarios, end-to-end delivery capabilities have been significantly improved.
The total model parameters are 1.6 trillion, each token activates approximately 48 billion parameters, and supports one million contexts. For domestic computing chips with limited video memory and bandwidth, the team also conducted in-depth collaborative optimization on model architecture, chip adaptation and deployment strategies. According to the introduction, LongCat-2.5 performs well in Visual Coding and supports creative design, 3D and other tasks. (IT Home)
An employee was fired by the company after posting "drawing ground as a prison" on WeChat. The reason was that he was "not motivated at work"!
According to news on November 9, singer Xu Fei choked up and said "I draw the ground as a prison, Li Na" when facing Li Na, who has been separated from her for nearly 20 years. This sentence later became popular on the Internet. According to media reports, a netizen recently posted on WeChat that he mocked himself for "drawing the ground as a prison". The caption was about working on Monday. As a result, the company fired him on Monday because of "not having a positive work attitude."
Some lawyers said that based on this case, there is no legal basis for the employer to terminate the employee's labor relationship. Because the worker just posted a complaint in the circle of friends. It may be that someone is moving bricks in the photo, or there are some complaints. In fact, I think a real enterprise, if it is based on the spirit of humanistic care, should pay attention to the working status of grassroots employees. Is it because the unit does not provide corresponding conditions that cause workers to have such negative emotions? So I personally think the unit may be making a fuss over this. (Daily Economic News)
Wang Jianlin, re-elected as chairman of Wanda Commercial Management after 14 years
According to news on November 9, public information shows that Dalian Wanda Commercial Management Group Co., Ltd. has recently undergone industrial and commercial changes. Chen Hongtao stepped down as chairman and was replaced by Wang Jianlin. It is worth mentioning that Wang Jianlin resigned as chairman of the company in 2012.
The company was established in September 2002. Its legal representative is Chen Hongtao, with a registered capital of approximately 27.16 billion yuan. Its business scope includes commercial complex management services, non-residential real estate leasing, property management, etc. It is jointly held by Dalian Wanda Group Co., Ltd., Wang Jianlin, Tencent Mobility Limited and others. (China Business News)
Apple CEO urges team to speed up Siri development: two major improvements will be implemented in the next few months
On November 9th, technology reporter Mark Gurman reported that Apple CEO John Ternus is pressuring the team to speed up the development of Siri so that it can be comparable to Dots or Muse.
Foreign media said that Siri is expected to usher in two major improvements in the next few months. One of the improvements will give Siri more granular control over Apple's own apps, allowing it to do things like rotate and crop images in the Photos app and organize Safari tabs. These features are expected to be released with iOS 27.3. Gurman revealed that another, bigger improvement—integration with third-party apps—may be coming later. But this is just the beginning, and Apple is expected to push Siri to become smarter and enable features that enable it to perform ongoing tasks, foreign media said.
Technology reporter Mark Gurman believes that Apple is expected to launch Siri with agent capabilities as early as next year to benchmark ChatGPT Dots, Meta Muse, and Grok. Its goal is no longer just to passively respond to instructions, but to create an assistant that can proactively manage tasks and complete things for users. (Global Times, Science and Technology Daily)
Musk admits that production capacity cannot keep up, Tesla Cybertruck will return a large amount of deposits and suspend production
According to foreign media reports on November 9, Tesla CEO Elon Musk said that because the order volume far exceeds production capacity, the company will have to refund deposits for a large number of Cybertruck customers. The automaker had previously announced last week that it would gradually stop production of the pickup truck at its Texas plant.
Musk posted on the X platform on Monday: "We will strive to produce as much as possible before the production line is shut down in about eight months, but many customers' deposits still need to be returned." Musk previously revealed that Tesla will add a new production shift to digest existing Cybercab pickup orders before dismantling this production line next year and expanding the production capacity of the autonomous taxi Cybercab.
Musk announced last Friday that the Cybercab pickup is scheduled to be discontinued in mid-2027, and related production capacity resources will be shifted to the Cybercab. This model is the core of Tesla's autonomous driving strategy. Tesla will begin delivering Cybertruck trucks in late 2023, but market demand is far less than Musk expected. Kelley Blue Book data shows that the car’s sales in the United States fell 48% last year to only 20,237 units, which is far from Musk’s previously expected annual sales target of 250,000 units.
According to reports, Musk recently stated that Tesla is likely to lease its humanoid robots to customers rather than sell them. Tesla has started early mass production of Optimus at its Fremont factory, with deliveries to external customers expected to begin around the end of 2027. (Sanyan Technology, Financial Associated Press)
Meta says it's ready to launch Muse AI in the UK
According to foreign media reports on November 9, Meta plans to launch its flagship artificial intelligence assistant Muse in the UK. Although a specific launch date has not yet been set, the tech giant is working hard to overcome regulatory obstacles and promote the product.
Muse AI was launched in the United States in September this year and is billed as Meta's most ambitious consumer-grade artificial intelligence product to date. It can perform actions on behalf of the user, independently browsing the Internet, shopping and completing complex multi-step tasks.
However, privacy remains a core concern, as the UK’s regulatory framework requires strict compliance with privacy and user data protection laws, as well as regulations around access to potentially sensitive business information by AI tools. Meta has not yet officially announced a release date for Muse AI in the UK and EU. (Sanyan Technology)
SK hynix plans to expand its US team and deepen cooperation with core customers
According to news on November 9, SK Group said on Monday that South Korean chip manufacturer SK Hynix is preparing to expand its staff in the United States. This move is intended to strengthen ties with core U.S. customers such as Nvidia. SK Group said that SK Hynix plans to appoint new executives and reorganize the U.S. business system around December 3. (Sina Finance)
Honda turns to "Chinese standard parts", Japanese suppliers are in trouble: if they lower the standards, they will still lose orders
According to foreign media reports on November 9, in order to revive the sluggish business in the Chinese market, Honda has clearly proposed the strategy of "expanding the scope of use of Chinese standard parts". It will no longer stick to the supply relationship within the traditional system and instead use lower-priced parts with actual performance in the Chinese market. This policy puts Japanese domestic parts manufacturers in a dilemma: whether to lower quality standards to maintain orders, or to stick to existing standards and face the risk of being eliminated.
Kawaguchi, Honda’s executive director and chief financial officer, revealed that the company is discussing adopting partners’ platforms and is expected to mass-produce it from 2027 to 2028. Platform is the core basis for vehicle development. For Honda, which has always insisted on producing its own platform, adopting a Chinese manufacturer's platform is a rare decision. Affected by Honda's strategic changes, uneasiness is spreading among parts manufacturers. Platform changes often mean long-term restructuring of the supply chain. Once orders are not obtained when the platform is switched, it will be difficult to recover later. If a platform developed by a Chinese manufacturer is adopted, the dominance of parts selection may be transferred to the Chinese side, making it more difficult for Honda suppliers to obtain orders.
What worries suppliers even more is the opacity of quality standards. Some Japanese parts manufacturers pointed out that "Chinese standard parts" means parts that meet the quality standards of Chinese car companies, which is different from the current "Honda standards." Honda responded that it "has no idea of using Chinese quality as the benchmark," but admitted that past standards have reached "a level of excessive quality" for local market demand. In the future, it will be based on standard parts with a track record developed for the Chinese market to balance cost, quality and local demand. (Quick Technology)
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