Articles in this Volume

Research Article Open Access
BAIC BJEV Back-Door Listing Motivation and Performance Analysis
Article thumbnail
This thesis will focus on the study of BAIC BJEV Back-Door Listing Motivation and Performance Analysis. Through reading the relevant literature, this paper understands the basic model. This thesis adopts the case study method, aiming to reveal the reasons and internal logic behind the back-door listing of BAIC New Energy. Including but not limited to market demand, consumer expectations, financial situation, etc., in order to understand the strategic choice of the enterprise more deeply. In addition, this thesis adopts the graphical method and indicator analysis to quantitatively evaluate BAIC New Energy Co., Ltd. after the back-door listing, and analyzes the effectiveness of the back-door listing method for BAIC New Energy Co. by comparing the past financial status, key business indicators and other factors, and then deduces the good and bad impacts of the back-door listing on the enterprise, which will provide lessons learned and feasibility analyses for the similar decision-making.
Show more
Read Article PDF
Cite
Research Article Open Access
Research on the Impact of High-Tech Enterprise Certification Policy on Corporate Technological Innovation: An Empirical Study Based on Listed Company Data
Article thumbnail
This study utilizes a variety of models testing for robustness, such as the PSM-DID approach, by analyzing market data from publicly traded companies over the period 2006 to 2022, while omitting any instances suspected of manipulating research and development activities. It delves into how the policy for certifying high-technology companies in China influences their innovative processes. Findings indicate that certification as a high-technology business significantly fosters innovation among Chinese firms, notably in the realm of inventing new patents. Such certification enhances company innovation both directly and indirectly. It is observed that, in comparison to major state-owned corporations, smaller private firms and those driven by shareholder incentives gain more advantages from being recognized as high-tech enterprises. This investigation adds to the academic discourse by offering an empirical analysis of China's policies aimed at bolstering innovation, thereby enabling a deeper insight into the factors propelling company innovation and the complex dynamics between government incentive programs and corporate innovative activities.
Show more
Read Article PDF
Cite
Research Article Open Access
Green Credit Policy and the Debt Scale of Heavily Polluting Enterprises Evaluation of the Mediating Effect Based on Corporate ESG Performance
Article thumbnail
With the gradual development of low-carbon and environmental actions, the implementation of policies such as green credit has been effective. Based on the dataset of A-share listed companies spanning from 2009 to 2023, this paper focuses on the relationship between green credit policies and the debt scale of heavily polluting enterprises, and explores the role of ESG performance in this relationship through the evaluation of intermediary effects. To facilitate identification, we used the parallel trend test, dividing the data before and after the policy publication into two groups. This is more conducive to observing the effects and effects of policies. The findings indicate a clear suppression of the debt scale among heavily polluting enterprises following the enactment of relevant policies in 2012, highlighting the discernible impact of these policies. Finally, the enlightenment and suggestions are put forward based on the conclusion.
Show more
Read Article PDF
Cite
Research Article Open Access
Cluster-Based Federated Learning for Automotive Customer Profile Analysis
Article thumbnail
In the context of increasingly fierce competition in the automotive market, car dealerships are shifting from a "product-oriented" approach to a "customer-oriented" one. This paper establishes a customer profile tagging system based on car purchasing behaviors and customer attributes, and constructs a customer profile model through cluster analysis. However, traditional machine learning algorithms face limitations such as insufficient data, single sources, and incomplete tags. Additionally, data cannot be directly shared due to data security concerns. Therefore, this paper applies a FederatedKMeans algorithm, which combines federated learning and K-means clustering, to construct profiles. The superiority of this algorithm in terms of performance is demonstrated through empirical tests, and it is used for cluster analysis to categorize customers into different groups, providing corresponding marketing strategies.
Show more
Read Article PDF
Cite
Research Article Open Access
The Establishment of China's Carbon Emission Quota Futures Market
As global climate change continues to intensify, carbon emission trading has garnered increasing attention from nations worldwide as an effective market-based mechanism. As the world's largest carbon emitter, China's establishment and development of a carbon emission quota futures market holds immense significance. In order to actively tackle climate change, promote the achievement of peak carbon neutrality in cities, enhance the control and management of greenhouse gas emissions, harmonize the regulation of pollutant emissions, and standardize carbon emission trading and associated activities, Beijing has formulated and issued specific Administrative Measures on Carbon Emission Trading. These measures are grounded in the Interim Regulations on the Administration of Carbon Emission Trading (Decree No. 775 of The State Council of the People's Republic of China), as well as the Decision of the Standing Committee of the Municipal People's Congress on the Pilot Work of Carbon Emission Trading in Beijing, which operates under the strict condition of controlling total carbon emissions. Additionally, these measures adhere to other pertinent laws and regulations and will take effect from May 1, 2024. Through these comprehensive measures, Beijing aims to further strengthen its commitment to sustainable development and mitigate the impact of climate change.
Show more
Read Article PDF
Cite
Research Article Open Access
Analysis of Marketing Strategy of MIXUE Ice Cream & Tea Company Based on SWOT Model
In recent years, the market for freshly made tea has boomed, attracting many emerging brands such as MIXUE Ice Cream & Tea (MIXUE). In the face of fierce competition and the challenge of homogeneous products, MIXUE needs to continuously optimize its marketing strategies to maintain its competitive advantages. This study takes MIXUE as the research object, adopts the SWOT model, aims to analyze the success of its marketing strategy, and puts forward optimization suggestions. Through the SWOT model analysis, the potential problems with the current marketing strategies of MIXUE are revealed. At present, the brand maintains a certain low-end market advantage in the freshly made tea market, but faces the disadvantages of fierce homogeneous competition and a relatively single market model. Its products are seriously homogeneous, food hygiene and safety problems are frequent, there is a lack of innovation in publicity methods, the low-price strategy affects the long-term profitability of the stores, and it lacks reasonable operation of its own online channels. These problems make MIXUE face development obstacles and risks. At the same time, this paper proposes improvement strategies in terms of enhancing innovation, strengthening food safety management, improving personnel management and after-sales service, optimizing cost performance, broadening price range, and increasing brand promotion channels, so as to enhance marketing power and competitiveness. It provides new ideas for improving its marketing power and competitiveness, and also has reference significance for the development of the entire tea industry.
Show more
Read Article PDF
Cite
Research Article Open Access
A Brief Analysis of Hong Kong Public Housing Allocation Mechanism: From the Perspective of Market Design
Article thumbnail
Housing policy be identified that the prescriptive measures established by the government for addressing housing problems and interventions nowadays. By formulating and implementing housing policies tailored to the country's specific characteristics, these policies serve to guide the development of the housing industry, manage the housing resources, and ensure a fair resolution of the housing problem. However, research and professional analysis of housing demand within a particular city is a challenging task. Our report explains Hong Kong's housing allocation mechanism from a market design perspective by analyzing arguments and historical digital evidence from relevant and reliable literature. And then we have modeled and evaluated the mechanisms of Hong Kong public rental housing allocation. We conclude that although the mechanism itself can be improved, but the housing issues in Hong Kong is more about other external factors. So, this report provides a more detailed view of Hong Kong's public housing policy compared with previous papers.
Show more
Read Article PDF
Cite
Research Article Open Access
Investigation into Enhancing the Motivation and Distribution System for Organ Donation in China
With the aging of the population and the improvement of organ transportation technology, the demand of organs such as kidney, cornea, liver, and heart are increasing dramatically. Until February 29, 2024, there are in total 51196 volunteers who have done their donation, 157204 organs have successfully transported to the patients in need. However, under the great increase in the demand of organ donation, the supply of organ is still way above the amount of demand. In China, only 0.05% of the population have registered of being a volunteer in organ donation. The great shortage becomes more significant after China banned the use of organs from executed prisoners as a source of organ donation since 2015. Under the circumstances of having shortage of organ donation, it becomes more important for a country to have clear incentive and allocation mechanisms in organ donation. In this essay, the result would be carried out through comparing the incentive mechanisms of organ donation in Spain, the USA and China, find out the advantages of mechanisms in Spain and the USA, the potential issues of organ donation system in China. As a result, find valid approaches for the improvements of Chinese organ donation system.
Show more
Read Article PDF
Cite
Research Article Open Access
Comparative Analysis of Public Awareness of New Energy Vehicles- -Take the United States and China for Example
Electric vehicles are attracting increasing attention worldwide due to concerns about climate change and sustainability. However, global adoption of electric vehicles is still relatively low. This paper will investigate and analyze the public awareness of new energy vehicles in the United States and China, compare the differences in public awareness between the two countries, analyze the reasons for the differences, and suggest suggestions to improve public awareness of new energy vehicles. The study finds that, on the whole, the Chinese public's awareness of new energy vehicles is higher than that of the American public. The main reasons for the difference include the influence of cultural background and values, the role of media publicity and education, and the differences in policy and market environment. To improve public awareness of new energy vehicles, the United States needs to strengthen publicity and education, and improve policies and infrastructure, while China needs to increase media publicity, improve policy guidance, and improve product and service quality.
Show more
Read Article PDF
Cite
Research Article Open Access
Exploring Improvement of Business Performance of Transaction Processing System in Retail Sector
Article thumbnail
This paper delves into the strategic integration of Transaction Processing Systems (TPS) within the digital transformation initiatives of the retail sector, focusing on enhancing business performance through advanced business modelling, information system modelling, and leveraging data visualization for business intelligence. We examine strategic frameworks such as the Value Discipline Model and the Agile methodology to align TPS integration with business goals, emphasizing the importance of agility and continuous improvement. The impact of TPS on retail operations is quantitatively assessed through key performance indicators, revealing significant enhancements in transaction processing times, inventory management, and financial reporting accuracy. Challenges including legacy system integration, data security, and skill gaps are addressed through practical solutions like APIs, encryption methods, and comprehensive training programs. Furthermore, we explore the architectural design principles of TPS, emphasizing scalability, resilience, and adaptability, alongside effective data integration and management strategies that ensure data consistency and accessibility. Performance evaluation methodologies are also discussed, employing mathematical models for predicting system behavior and optimizing throughput, latency, and reliability. Case studies highlight the transformative power of data visualization tools in retail, showcasing their impact on operational efficiency and decision-making. This comprehensive analysis underscores the pivotal role of TPS in driving digital transformation in the retail industry, offering a roadmap for organizations aiming to enhance their competitive edge in the digital era.
Show more
Read Article PDF
Cite