[Can milk and peaches be eaten together]_Benefit_Precautions

銆愮墰濂跺拰妗冨瓙鑳戒竴璧峰悆鍚椼€慱濂藉_娉ㄦ剰浜嬮」
6鏈堟槸澶忓ぉ锛屾槸妗冨瓙鐨勫鑺傘€傚墛鎺夊闈㈠甫鐫€浜涚粧缁掔殑锛岀湅鐫€绱у疄鐨勬灉鑲変細娴佸彛姘寸殑銆傛湁鐨勬瀛愯杞蒋鐨勬墠濂藉悆锛岃交杞讳竴鍜紝婊″彛閮芥槸娓呮柊鐨勬瀛愬懗銆傛湁浜涘搧绉嶇殑妗冨瓙瑕佺‖鐨勬墠濂藉悆锛岀敎鐢滅殑鑴嗚剢鐨勶紝濂戒笉鍙彛銆傚儚榛勬杩欑锛岃鏄仛鎴愮綈澶达紝閭f竻鐢滅殑鍛抽亾锛岃浜虹暀鎭嬨€傛湁浜涗汉涔熺埍鐢ㄦ瀛愭场鍦ㄧ墰濂堕噷锛屼篃鏈変汉璇磋繖涓ゆ牱涓嶈兘涓€璧峰悆銆傜墰濂跺拰妗冨瓙鍙互涓€璧峰悆銆傚洜涓烘鍚湁缁村懡B,鐗涘ザ鍚 珮 阍 阍 兘 瀁 Luan Luan Han Huan 扐 Thank you for tea?What’s going on?It’s hard to find a chain, and it’s a chain of picks. It’s very easy to pick up. It’s easy to find out what is going on in the Han Dynasty.Sorry, it ‘s so good.妗冨拰鐗涘ザ瀵圭柌鍔宠繃鐨勪汉灏变笉涓€鏍凤紝妗冩湁缁村畠鍛紹鍙噺杞荤柌鍔筹紝鐗涘ザ琛ヨ韩浣撻渶瑕併€傜墰濂舵槸浜烘墍鍏辩煡鐨勮惀鍏婚ギ鏂欙紝鏈夎緝濂界殑淇濆仴鍜屽尰鐤椾环鍊笺€傜墰濂朵负瀹屽叏铔嬬櫧璐ㄩ鍝侊紝瀵硅剳楂撳拰绁炵粡鐨勫舰鎴愬強鍙戣偛鏈夐噸瑕佷綔鐢ㄣ€傜墰濂惰剛鑲腑鑳嗗浐閱囧惈閲忔瘮鑲夈€佽泲绫讳綆锛屽叿鏈夐檷浣庝綋鍐呰儐鍥洪唶鐨勫姛鏁堛€傜墰濂惰兘涓拰鑳冮吀锛岄槻姝㈣儍閰稿婧冪枴闈㈢殑鍒烘縺锛屽洜姝ゆ湇鐢ㄧ墰濂跺娑堝寲閬撴簝鐤★紝鐗瑰埆鏄儍鍙婂崄浜屾寚鑲犳簝鐤℃湁鑹ソ鐨勬不鐤椾綔鐢ㄣ€傚啺鍐荤墰濂跺彲浣胯绠℃敹缂╋紝瀵规秷鍖栭亾婧冪枴鍑鸿杩樿兘璧锋琛€浣滅敤銆傜敤鐗涘ザ鍙戦唶鑰屾垚鐨勨€滈吀鐗涘ザ鈥濓紝鑳戒娇浜轰綋鍏嶅彈鍜屽Di Qi, Di Di, Di Di, Di, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D阃镶濊剰鐥呫€佽儍鑲犵梾浜哄拰韬綋琛板急鑰呬互鍙婂┐骞煎効楗敤銆傚彟鎹姤閬擄紝閰哥墰濂朵腑鐨勮儐纰卞惈閲忕壒鍒珮锛屽彲浠ヨ皟鑺備綋鍐呰儐鍥洪唶鐨勬祿搴︼紝鍚屾椂鍙堝洜閰哥墰濂朵腑鍚湁涔虫竻閰革紝瀹冭兘鎶戝埗鑲濊剰鍒堕€犺儐鍥洪唶锛屽苟鑳藉噺灏戣儐鍥洪唶鍦ㄨ绠″涓婄殑闄勭潃锛屼粠鑰屼娇琛€涓殑鎬昏儐鍥洪唶鍚噺闄嶄綆銆傚洜姝わ紝鎮f湁蹇冭绠$柧鐥呯殑浜猴紝鏈嶇敤閰哥墰濂跺ぇ鏈夊ソ澶勩€傜墰濂跺府鍔╂湁鏁堢潯鐪狅紝閫傚悎楂樺帇鍔涗汉缇ゃ€傞珮鑰冪敓銆佸姞鐝汉缇わ紝鍙潯鍓嶄竴鏉€傝劚鑴傚ザ閫傚悎鑰佸勾浜恒€佽鍘嬪亸楂樼殑浜虹兢銆?

[Efficacy of Ganoderma lucidum king]_ Ganoderma lucidum _ benefits _ inevitable

銆愮伒鑺濈帇鐨勫姛鏁堛€慱鐏佃姖_濂藉_鐩婂
鐏佃姖鏄汉浠潪甯哥啛鎮夌殑涓€绉嶄腑鑽潗锛屽钩鏃惰兘澶熸粙琛ヨ韩浣撹€屼笖鍜屽叾浠栦腑鑽夎嵂涓€璧锋湇鐢ㄧ殑鎯呭喌涓嬶紝杩樺彲浠ユ不鐤楀緢澶氱柧鐥呴棶棰樸€傜伒鑺濇槸涓€绉嶉潪甯哥弽璐电殑鑽潗锛岄€氬父绾鐨勭伒鑺濇槸姣旇緝闅句互鑾峰緱鐨勶紝鑰屼笖瀵逛簬涓尰鏉ヨ鐏佃姖鏄潪甯哥弽璐电殑銆備What’s wrong? It’s a lot of troubles. It’s a lot of troubles. It’s a lot of troubles. It’s a lot of troubles. It’s a lot of troubles.夎兘澶熸不鐤椾竴浜涚柧鐥呴棶棰樸€傞偅涔堢倕鑺濈殑鍔熸晥_鐏佃姖鐜嬬殑鍔熸晥鏈夊摢浜涘憿锛熺伒鑺濈殑Awkward?銆佺伒鑺濆懗鐢樿嫤銆佹€у钩锛屽綊蹇冦€佽偤銆佽倽銆佽劸缁?鍙吇蹇冨畨绁烇紝鍏昏偤鐩婃皵锛岀悊姘斿寲娣ゃ€佹粙鑲濆仴鑴俱€備富娌昏櫄鍔充綋寮憋紝绁炵柌涔忓姏锛The manuscript is written by the writer, and it ‘s not a good idea. It ‘s a bit of a worm. It ‘s very fresh, and it ‘s very fresh. It ‘s very hard to make a good choice.銆佺伒鑺濆惈鏈夌殑鈥滈敆鈥濓紝鑳戒娇浜轰綋琛€娑插惛鏀舵哀鐨勮兘鍔涘鍔?.5 chains, cross-linking, cross-linking, companionship, and awkward rudders, chopping keys, key, key, key, key, link, key, link, link, link, link, link, link, link, link, link, link, link, link, link, link, link, link, link, link, link, link, link, link, link, link, link, link, link, link, link, link, link, link, link, link, link, link鐨勫姛鏁堬紝鍙敤浜庡悇绉嶆參鎬х梾鎵€鑷寸殑闈㈣壊榛勮悗鍙婄敱浜庢皵琛€涓嶈冻鑰岃嚧鐨勯潰閮ㄥ厜娉Jie Yu?鐏佃姖鎵€鍚湁鏈洪敆鍙瀵间汉浣撲骇鐢熷苟婵€娲籒K缁嗚優鍜屽法鍣粏鑳炴椿鎬э紝鍙備笌鍏嶇柅璋冭 妭 銆?In the meantime, there are many links in the chain, as well as in the past: the sisters are interspersed with each other; the sisters are intertwined; the others are intertwined;Xian Bian, Bian Xiuyu, your sister?鐏佃姖瀛㈠瓙绮夎兘姝㈣銆佹帓姣掋€佹姉姘с€傜伒鑺濇€庝箞鍚?銆佺伒鑺濆崟鍛崇厧鏈嶆垨涓庝汉鍙傘€侀粍鑺€佸綋褰掋€佺啛鍦般€侀吀鏋d粊銆佹煆瀛愪粊銆佷簲鍛冲瓙銆佺櫧鏈€佽尟鑻撶瓑閰嶄紞锛屽彲鍏诲績瀹夌锛屽吇鑲虹泭姘旓紝婊嬭倽鍋ヨ劸銆?We are all interested in the research and development of the real estate chain. It ‘s not a good idea. What are you going to do? Do you want to know what you ‘re doing?0澶╁悗锛屽彲鍘绘福楗敤锛岀敤浠ユ不鐤楄偤缁撴牳銆佹參鎬ф敮姘旂鐐庛€佺缁忚“寮便€侀珮琛€鑴傘€侀珮琛€鍘嬪強椤藉浐鎬ц儍鐐庣瓑鐥囥€傚叿浣撳姞鍏ュ摢浜涗腑鑽紝鍙褰撳湴涓尰鎸囨槑锛屽缓璁笉瑕佽嚜宸遍殢鎰忔惌閰嶄腑鑽€?This is the most important thing in the world. The key to the field is the key to the field. The following is the best way to go through the world: what are you going to do?What’s the difference? What’s the difference? Yeah, what’s the difference? Yeah, what’s the difference? Yeah, what’s going on?0 搴 ︼ 纴 娉 $ 殑 曩 囩 ▼ 搴 旇  灜 氜 簬 20 鍒 嗛 抓?

[How to do turtle doves]_ turtle doves_how to do_how to do

[How to do turtle doves]_ turtle doves_how to do_how to do

Turtledove is a bird that looks very similar to a pigeon, but it is rare in the market, and even fewer people have eaten Turtledove.

Turtledove is a game, and many people don’t understand its nutritional value, let alone how to cook Turtledove.

In fact, turtle doves are special, but the practice of turtle doves can basically be operated according to the practice of ordinary birds.

Turtledove looks about the size of a pigeon, and looks a bit like it. Actually, Turtledove doesn’t eat much.

First, the practice of turtle doves: Stewed turtle doves Ingredients preparation: one turtle dove, cooking wine, salt, green onion and ginger.

Method Step 1: Remove turtle impurities and soak with water for half an hour to remove blood water for use; 2. Put an appropriate amount of water in the soup pot and put in turtle turtles to boil for 3 minutes;, Green onion ginger; 4, add cooking wine, cover the pot and simmer for about 5 hours, add salt called.

Second, the practice of turtle doves: Fragrant roasted turtle doves Preparation: 2 turtle doves, 20 grams each of onion ginger, 5 grams of spiced powder, 3 grams of pepper powder, 20 grams of barbecue ingredients, moderate amount of peanut oil, 5 ml of white wine.

Method Step 1: Soak turtle doves in water for half an hour, cut the abdomen open, and the back end is not cut; 2. Add all the seasonings to the pot, mix well, put them in a fresh-keeping box, and refrigerate and marinate for 2 hours;Put one turtle dove in the middle, put the right amount of onion ginger, wrap it and put it in the preheated 220 degree oven; 4, then bake at 200 degrees for half an hour, and then bake at 220 degrees for 5 minutes.

Third, the practice of turtle dove: Cool turtle dove pork bone soup ingredients preparation: one turtle dove, pork bone amount, jujube amount, wolfberry decomposition, astragalus, codonopsis, angelica amount, salt, oatmeal, salt, mushroom, longan, lily, rice wine, lotus.
Method step 1, soak all ingredients for 10 minutes, wash, lotus seeds need to be soaked for about 3 hours; 2, washed pork bones and turtle dove water, ginger slices, boil water in a pot, put ginger slices; 3,Add rice wine and pork bones and cook for 5 minutes on high heat. 4. Put oil in the pot, sauté the ginger, and stir-fry the turtledove for a while. 5. Take another pot of boiling water and add the pork bones and turtledove., The high fire is boiling, and the low fire is good.

[How to cook rice in a cooking pot]_Cooking pot_How to cook

銆愮敤鐐掕彍閿呮€庝箞鐓背楗€慱鍋氳彍閿卂濡備綍鐓?
骞虫椂鐢熸椿褰撲腑鎴戜滑閮戒細鐢ㄧ數楗叢鏉ョ剸绫抽キ锛屼絾鏄湪涓€浜涙潯浠舵瘮杈冨樊鐨勫湴鏂癸紝鎴栬€呮槸鍦ㄩ噹澶栧湴鍖虹瓑绛夛紝涓嶈兘浣跨敤鐢甸キ鐓诧紝杩欐椂鍊欏彲浠ョ敤鐐掕彍杩囨潵鐩存帴鐓背How to do it? How to do it? How to do it? How to fix it? How to fix it? How to solve it? Do you want to know how to do it?皬鐏紝杩欐牱灏辫兘澶熼椈鍑烘瘮杈冨ソ鍚冪殑绫抽キ锛屾垜浠潵鐪嬩竴涓嬭繖鏂归潰鐨勫唴瀹广€?Do you shovel a pickaxe?I ‘m sorry, I ‘m sorry, I ‘m sorry, I ‘m sorry, I ‘ll click on it, I ‘ll go through it, I ‘ll go through it, I ‘ll go through the chain.鏈€濂斤紝娉ㄦ剰涓嶈鎶婄背涓€璧峰€掍簡2锛屽湪閿呴噷瑁呭叆澶х害18閲岄潰娣辩殑鍐锋按銆傚皢鐩嗗What are you talking about? What are you talking about? What are you talking about? What are you talking about? What are you talking about? What are you talking about?锛屾墦寮€鐏€傜劧鍚庣瓑澶х害涓夊崄澶氬垎閽熷皢鐏叧鎺夊氨濂戒簡 鐐掕彍閿呯殑鍒嗙被 1銆侀搧閿咃細 鐩墠骞冲畨鐨勯攨鎹紩瑙侊紝杩愮敤涓浗浼犵粺鐨勯搧閿呮槸鐩墠骞冲畨鐨勫帹鍏枫€傚悎鏍肩殑閾侀攨閲囩敤鐢熼搧鍒舵垚锛屾櫘閫氫笉浼氬惈鏈夊叾瀹冨寲瀛︾墿璐紝涔熶笉浼氬彂鐢熸哀鍖栨垚缁┿€傚湪鐐掕彍銆 作 検 熋 繋繩 綩 瓩 煩 腩 軩 覄 射 尬 尬 嬬 尼 氭 湭 jing 嚭 咭 镺 镺 畋 ? 畴 亴 璴 練 emerging new fine-grained birch board inertial sorrows sorrows sorrows sorrows sorrows sorrowful sorrowsWhat’s the difference? The chains are sloppy and sorrowful?銆侀櫠鐡烽攨銆佺爞閿咃細 涓嶅疁鐩涜閰告€ч鐗╃摲鍣ㄩ攨杩囨潵琚叕浠ヤ负鏃犳瘨椁愬叿锛屼絾杩戝勾鏉ヤ篃鏈夎繍鐢ㄤ腑姣掔殑鎶ュ憡銆傛湁浜涚摲鍣ㄩ鍏风殑缇庝附澶栬。涓惈鏈夐搮锛屽亣濡傜儳鐡峰櫒鏃舵俯搴︿笉澶熸垨璁告秱閲夐厤鏂欎笉濂戝悎瑙勮寖锛屽氨鑳藉浼氫娇閿呭惈鏈夎緝澶氱殑閾呫€傚綋椋熺墿涓庨攨鎺ヨЕ鏃讹紝閾呭氨鑳藉婧㈠嚭閲夌殑澶栬〃娣峰叆椋熺墿涓€傞搮銆侀晧婧跺嚭閲忔槸鎸囧晢鍝佸湪鐩涜椋熺墿鏃讹紝鐗瑰埆鏄洓瑁呴吀鎬ч鐗╂椂锛屼复鏃惰繍鐢ㄩ搮銆侀晧婧跺嚭閲忚秴鏍囩殑鍟嗗搧锛屼細褰㈡垚閲嶉噾灞炰腑姣掞紝涓ラ噸褰卞搷韬綋瀹夊悍锛屽浗搴﹀己杩€ц鑼冨閾呫€侀晧婧跺嚭閲忕瓑褰卞搷浜轰綋瀹夊悍鐨勭洰鏍囨湁涓ュ帀闄愬畾銆?3銆佷笉閿堥挗閿咃細 涓嶅疁闀垮伐澶洓鐩愪笉閿堥挗鍒舵垚鐨勫櫒鐨跨編瑙傝€愮敤銆備絾涓嶅悎鏍肩殑涓嶉攬閽㈤攨浼氬瓨鍦ㄥ钩瀹夐殣鎮c€備笉鍚堟牸鐨勪笉閿堥挗閿咃紝鍦ㄨ繍鐢ㄦ椂鍏朵腑鐨勬煇浜涘寲鍚堢墿鑳藉浼氭憾鍑烘潵锛屼汉浣撳薄娆℃憚鍏ュ紓鏍蜂細鍦ㄤ綋鍐呮笎娓愮疮绉紝褰撳埌杈炬煇涓€闄愬埗鏃讹紝灏变細鍗卞浜轰綋瀹夊悍銆?

China Micro Corporation (688012) 2019 Third Quarterly Report Review: Significantly Increased Profits, High R & D Expansion, Advanced Card Industry Advance Trend

China Micro Corporation (688012) 2019 Third Quarterly Report Review: Significantly Increased Profits, High R & D Expansion, Advanced Card Industry Advance Trend

Matters: The company released the third quarter report for 2019, and achieved operating income for the first three quarters12.

180,000 yuan, an increase of 24 in ten years.

75%, net profit attributable to mothers1.

350,000 yuan, a substantial increase of 399 every year.

14%, net of non-attributed net profit1.

19 trillion, obviously turned around.

Comment: Benefiting from the construction and business development of domestic flour mills, the company’s revenue has grown steadily.

In 2019, the semiconductor industry was in a doldrums, capital expenditures expanded, and semiconductor equipment demand was weak. Until September 2019, North American semiconductor equipment manufacturers’ monthly replacements were replaced for 11 consecutive months.

Benefiting from domestic wafer fabs, construction of storage plants, demand for semiconductor equipment in the mainland and Taiwan is relatively stable, and the company’s customers 夜来香体验网 and business scope continue to expand. In the first three quarters of 2019, the company’s revenue has grown against the trend and increased by 24.

75% to 12.

18 trillion, single third quarter revenue4.

1.6 billion, down 18 a year.

43%, which is expected to be mainly affected by the downstream wafer and storage factory equipment procurement and company equipment delivery rhythm, and long-term revenue growth will be easy.

Gross profit margin is expected to increase in a single quarter, and high R & D investment is worthy of attention.

The company’s gross profit margin increased in the short term in the first three quarters2.

63pct to 38.

89%, gross margin reached 45 in the third quarter.

21%, up 11 from the previous and the previous month.

75pct and above 6.

82pct, the highest level in the past three years. Considering the slowdown in LED chip production expansion in 2019, it is expected that the growth of single-quarter gross profit margin will be mainly due to the increase in the proportion of more profitable etching equipment replacement.

In terms of period expenses, the company’s sales / management / financial expenses reached 1 in the first three quarters.

35/0.

75 / -0.

0.2 million yuan, sales / financial expenses decreased by 8 each year.

02% and 115.

66%, the management expenses increase by 9 every year.

23%, sales / management / financial expenses are 11 respectively.

07% / 6.

18% / 0.

17%.

The company increased investment in research and development, and the research and development expenses in the first three quarters increased significantly.

82% to 1.

58 ppm, R & D expense rate is as high as 13%, a series of advanced equipment such as extremely high aspect ratio etching equipment and technology, more advanced Damascus etching application equipment, size and MOCVD equipment for wider application fields are under development.
Continuous high-level research and development is dedicated to promoting the advancement of the company’s card slot industry in advance, and new products are successively launched to further enhance its competitive advantage and open up growth space.

In addition, affected by the capitalization of R & D investment, as of the end of the third quarter of 2019, the company’s development expenditure reached 4.
.

26 ppm, an increase of 31 from the end of 18 years.

19%, highlighting the remarkable results of industrialization of R & D results.
Significantly improved profitability, with too many orders in hand adding momentum to subsequent growth.
The company achieved net profit attributable to mothers in the first three quarters1.

350,000 yuan, a substantial increase of 399 every year.

14%, net interest rate reached 11.

08%, a significant increase of 8 per year.

31 points.

Net profit attributable to mothers in the third and third quarters1.

50,000 yuan, a sharp increase of 159 previously.

53%, single quarter net profit reached 25.

The extremely high level of 1%, the increase in net profit attributable to mothers depends on the growth of gross profit margin in the third quarter, and other revenues in the first three quarters of receiving government subsidies increased to US $ 71,670 billion.The net interest rate still reached 10.

67% higher level.

From the balance sheet end, as of the end of the third quarter of 2019, the company’s inventories and advance receipts have reached 14 respectively.

500 million yuan and 7.

0 million yuan, the company has too many orders in hand, the future growth momentum is redundant.

Profit forecast, estimation and investment rating: Considering the effect of the company’s gross profit margin increase, we increase our profit forecast and expect the company to achieve net profit attributable to mothers in 2019-2021.

92, 2.

51 and 3.

62 trillion (previous forecast value of 1.

58,2.

43 and 3.

410,000 yuan), corresponding to EPS 0.

36, 0.

47 and 0.

68 yuan (the original forecast was 0.

30, 0.

46 and 0.

64 yuan), corresponding to PE 180, 138 and 96 times.

Considering that the science and technology board evaluation system is not yet perfect, and it is not rated for the time being, it is recommended to pay attention.

Risk Warning: The downstream production expansion is less than expected, the advancement of semiconductor equipment localization is less than expected, the company’s research and development progress is less than expected, and the company’s new product industrialization progress is less than expected.

Guolian Shares (603613) Commentary on Major Issues: Double Ten Doubled Transaction Volume Multiple Times Stable and Optimistic about Growth Prospects

Guolian Shares (603613) Commentary on Major Issues: “Double Ten” Doubled Transaction Volume Multiple Times Stable and Optimistic about Growth Prospects

According to the company’s WeChat public account, a lot of “Double 10” e-commerce festivals performed well in 2019, and the “Double 10” single-day collective procurement order reached 21.

5 ppm is 2 of the single day amount last year.

1 times.

  Comment: The performance of the “杭州夜网论坛Double 10″ E-commerce Festival in 2019 is outstanding, providing good support for gradual performance.

Finally, at 12:47, the total purchase order amount exceeded 10.

24.5 billion, more than last year ‘s “double 10” 10.

243 ppm; the end of the “Double 10” all day, this year’s single-day collective procurement orders reached 21.

5 ppm is 2 of the single day amount last year.

1 time, create greater glories.

Annual revenue for 2018 was 36.

7 trillion, 19 double 10 orders accounted for 59% of last year’s revenue, we judge that 19 years of performance and continued high growth.

The industry space is far more than 100 billion, and the ceiling is far from touching.

Benefiting from the increase in Internet penetration, policy support and the gradual development of corporate e-commerce habits, the scale of commodity B2B e-commerce transactions has maintained rapid development, and the industry’s compound growth rate has approached 30%.

According to our rough calculations, the potential market space of the three platforms, Tuduodu, Weiduodu, and Boduoduo, is far more than 100 billion yuan. If the potential expansion categories are considered, the company’s B2B e-commerce trading market has more room.

The company’s growth logic is smooth, and sustained high growth can be expected.

First, the three major parts of the company previously established have achieved high-speed development, and the logic of cross-category development has gradually been realized. The listing and investment in the establishment of more paper and more fat, the expansion of new commodity categories can be expected; second, three majorThe proportion of some multi-platform transactions in the market of the commodity industry is still very low, with a penetration rate of about 2%, and there is still a lot of potential for improvement. Third, the active membership of Guolian Resource Network has a very high conversion rate to multi-platform trading members.big space.

In addition, new innovative business development is also expected to open up new growth space.

Investment suggestion: We maintain our forecast that the company’s net profit attributable to its mother for 2019-2021 will be 1.

4.4 billion, 2.

18 billion, 3.

2.7 billion, corresponding to PE is 65 times, 43 times, 30 times, with reference to comparable company forecasts, given to the company in January 2020 comprehensively.

1x PEG, target city size is 120 trillion, maintain target price of 85.

1 yuan, maintaining the “strong push” level.

Risk warning: market competition is intensified; new varieties are less developed than expected.

Tongling Nonferrous Metals (000630) Quarterly Report Review: Smelting Business Steadily Increases Oversized High-end Copper Foil Capacity

Tongling Nonferrous Metals (000630) Quarterly Report Review: 佛山桑拿网 Smelting Business Steadily Increases Oversized High-end Copper Foil Capacity
First, the event overview Tongling Nonferrous released the first quarter of 2019 report on the evening of April 29.The core company reported operating income of 231.77 ppm, an increase of 30 in ten years.75%; realize net profit attributable to mother 2.80 ppm, a 39-year increase of 39.38%. Second, the analysis and judgment of the falling prices dragged down the gross profit margin level, excluding the accumulation of reports of non-liquid assets loaded lightly, the company’s production and sales volume increased steadily.The price of sulfuric acid remained high in 2019Q1, and the average LME copper price fell by 10.71%, the average London spot gold price drops by 1 every year.92%, the company’s gross profit margin decreased by 0 compared to 2018Q1.55 units.The three fees and research and development expenses increased overall in advance12.25%, mainly affected by the increase in research and development costs and financial costs, the overall cost is controllable.In the reporting year, the company dealt with non-current assets, and the pressure on asset impairment losses during the current period was greatly reduced, which decreased by 82 every six months.36%; while suffering from the decrease in hedging profit, other comprehensive income decreased by 370.97%.The company’s non-attribution net profit increased by 55 in ten years.30%, endogenous profitability has increased. The smelting business grew steadily, or benefited from the recovery of copper prices, and the company’s resources and smelting business continued to grow.The company’s tungsten carbide copper production in 2018 increased by 3.92%, copper content of copper concentrate increased by 14.96%, copper processing increased by 4.78%, by-product sulfuric acid increased by 11.61%.Considering the rising optimism in the China-US trade negotiations and the expected expectations of a gradual economic stability relay, the macro expectations continue to improve, which is good for copper prices to rise.At the same time, the environmental protection pressure of sulfuric acid production is facing challenges, and the industry is expected to maintain prosperity in the future.The recovery of the copper industry and high profits of sulfuric acid are expected to drive the company’s performance to grow steadily. The production capacity of high-end copper foil continues to increase, opening up the space for increased performance. The company currently has 4 copper foil production capacities, including 2.25 Cobalt Standard Copper Foil, 1.75-inch lithium battery copper foil production capacity, including Tongling Copper Crown’s ultra-thin electronic copper foil project, the first phase of production capacity has been supplemented by 1 and has been put into production, and the company plans to start the production of 1.5 The construction of the second-stage and second-stage of the advanced advanced special electronic copper foil.The demand for high-end copper foil is expected to translate into increased energy density requirements for lithium batteries. At the same time, the company is expected to benefit from the capacity release of the copper foil business and gradually open up the company’s performance growth 西安耍耍网 space. Third, the investment proposal considers that the company’s smelting business is steadily growing, high-end copper foil production capacity is gradually released, the copper industry supply and demand structure is expected to improve margins, and the sulfuric acid price may maintain the boom. The company ‘s performance is expected to gradually open up growth space in the future.The return is 0.09/0.11/0.13 yuan, corresponding to the current sustainable PE is 27/22 / 19X.Considering that Tongling Nonferrous PB has a low quantile of 21% since 2016, some “recommended” grades. 4. Risks indicate that metal prices fell more than expected, the project construction and commissioning progress fell short of expectations, and downstream demand exceeded expectations.

Strong rebound in net worth Partial stock funds take the lead in recovering lost ground

Strong rebound in net worth Partial stock funds take the lead in recovering lost ground

Come to Sina University of Finance and listen to Dai Jingjiao’s “Fund Investment Practice Course Without Detours” to take you to the actual combat of funds!

  Original title: Net worth rebounded strongly. Partial equity funds took the lead in recovering lost ground. Reporter Wang Peng ○ Editor Wu Xiaojing The first trading week of the year of the rat, stocks have a twist.

The Shanghai Stock Exchange Index fell sharply on the first trading day after the holiday.

72%, followed by a total rebound of more than 4% over the next four trading days.

Partial equity funds performed well in the market rebound, taking the lead in recovering the “lost ground”.

According to the latest data from the Galaxy Securities Fund Research Center, as of the close of February 6, the public offering of active stock direction funds gradually increased the overall yield to be positive in the four days from February 3 to 6.

  A-shares fell sharply 佛山桑拿网 on February 3. On that day, the net value of publicly-funded funds generally suffered a severe setback. According to the data of Oriental Fortune Choice, the net value of equity funds fell by an average of 5.

85%, of which 868 funds fell more than 8%.

  However, with the broader market rebounding for the next 3 days, public equity partial funds have a strong “recovery.”

The latest data from Galaxy Securities Fund Research Center shows that from February 3rd to February 6th, the fund’s return on active stock offerings was generally positive. Among them, mixed partial equity funds grew 0 overall.

54%, the standard stock base fell slightly.

13%.

  Judging from the growth rankings, in the first trading week of the Year of the Rat, most of the top rankings were medical theme funds.

Among them, funds such as Huaxia Yixiang Health Mix, Huaxia Medical Health Mix, and SDIC UBS Medical Health Care Mix gradually increased by more than 8%.

  In addition to medical theme funds, multi-warehouse technology, new energy and other partial stock funds have also stubbornly “turned over.”

Taking the Golden Eagle Reform Dividend Hybrid Fund as an example, the fund plunged 5 on February 3.

96%, but increased in the next three trading days.

94%, 3.

72%, 4.

22%, the gradual increase after the festival is as high as 9.

73%.

  Finally, at the end of last year, the first heavy stock of the Golden Eagle Reform Dividend Hybrid Fund was the lithium battery leader Ningde Times. The company’s merger gradually increased in the first four trading days of the week.

39%.

  In addition, the post-holiday expansion of technology-themed funds such as Guangfa New Economy Mix, Donghai Technology Power, ABC Advanced Technology Mix, Rich Country Innovation and Technology Mix, and Shanghai Investment Morgan Emerging Power Mix also exceeded 5%.

  Hu Lifeng, head of the China Galaxy Securities Fund Research Center, believes that active equity funds in public offerings have taken the lead in recovering “lost ground” through good investment yields, which fully reflects the professionalism, sustainability and stability of public offering funds as a whole.

Yifeng Pharmacy (603939) 19th Quarterly Report Review: Performance Meets Expectations, Proportion of Newly Opened Franchised Stores Rise

Yifeng Pharmacy (603939) 19th Quarterly Report Review: Performance Meets Expectations, Proportion of Newly Opened Franchised Stores Rise
Event: The company announced the 2019 semi-annual report, and the company achieved operating income of 73 in the first half of 2019.89 ppm, an increase of 58 over the same period last year.36%; net profit attributable to mother 4.180,000 yuan, an increase of 35 over the same period last year.48%; net profit of non-attributed mothers4.120,000 yuan, an increase of 42 over the same period last year.75%. The company announced that in order to meet the needs of business development, the company and its subsidiaries applied to the bank for a comprehensive credit line6.500 million. The number of stores has steadily increased, and the number of franchise stores has increased rapidly. The company has a net increase of 805 stores, 579 new stores (including 166 new stores), acquired 307 stores, closed 81 stores, and terminated the third quarter.At the end of the company’s total number of 4,416 stores (including 335 franchise stores).In the third quarter, the company added 289 stores, opened 211 stores (including 79 new franchise stores), acquired 103 stores, and closed 25 stores.The number of new stores opened steadily increased in the third quarter, of which the number of new franchise stores accounted for 37 of the total number of new stores opened.44%, rising faster. The overall gross profit margin has increased, and the expansion of new stores has resulted in an increase in the sales expense ratio. The company’s bargaining power has continued to rise, and its cost control has been well controlled.The company’s gross profit margin for the first three quarters was 39.63%, an increase of 0 from the first half.54 points.As for the three fees, due to the newly-opened stores having a certain growth period or consolidation period, the amortization of the start-up costs and promotional expenses during the period have decreased, and the passenger flow still needs to be cultivated.51 points to 25.69%.The management expense ratio and financial expense ratio are relatively stable, which are 4 respectively.49% / 0.71%.As the company’s store integration progresses further, the company’s overall expense ratio will still fall. With sufficient funds, the company’s continued expansion in the future can be expected to obtain bank credit6.5 trillion, plus democracy plans to issue no more than 10 trillion ultra short-term financing bonds and no more than 15.81 trillion convertible bonds, used to build Jiangsu, Shanghai sorting centers and new chain drug store projects.According to the use of funds, the company can obtain a maximum of 27.2 million funds are used for store expansion. Based on the initial expenditure of 500,000 per store, it can support the expansion of more than 5,000 stores in the future. Investment advice and profit forecast The development of the company’s refined management capabilities, the performance is expected to continue to maintain high growth under the injection of new funds, the company’s profit forecast is raised, and the operating income is expected to be 100 in 2019-2021.44/129.92/167.7.3 billion yuan, net profit attributable to mother is 5.79/7.72/10.2.7 billion.The corresponding EPS is 1.54/2.05/2.73 yuan / share, corresponding to 57/43/32 times the PE, raise the target price to 100.1 yuan, maintain “Buy”深圳桑拿网 rating. Risks suggest that industry competition is intensifying, mergers and acquisitions have failed, and industry policies have changed.

[Can I drink tea with bananas]_Diet conditioning_Diet taboos

[Can I drink tea with bananas]_Diet conditioning_Diet taboos

In fact, tea is delicious, but it has a lot of food in life, so you must make sure that there is some kind of food with tea before drinking tea.

The fruit of banana seems to have the function of promoting digestion in the eyes of many people, and eating more bananas can also help women’s beauty and beauty, so bananas are a very good fruit.

But can a person continue to drink tea after eating a banana?

Can bananas and green tea be eaten together? Bananas are rich in nutrients, such as protein, crude fiber, calcium, phosphorus, and iron.

Consumption every day: It can moisturize the bowels, and minimize the occurrence of stroke and hypertension.

Drink green tea often: It can prevent cancer and reduce blood fat.

It should be noted that if you have a good stomach, people who rarely have diarrhea or even constipation, you can eat green tea with bananas.

If you are not a person with a good stomach, it is not recommended to eat this way.

Because green tea is cold in nature, bananas are prone to cause bowel movements.

Eating both substances at the same time can easily cause gastrointestinal upset, diarrhea, affect health, and make the stomach weaker.

The efficacy of banana green tea (1) can improve the body’s disease resistance Banana green tea is a tea product made from bananas and green tea as the main raw materials. The bananas used in it contain a variety of vitamins and minerals, as well as a variety ofImpurities, people may be able to quickly absorb and use these nutrients in the tea in the future, which can improve the body’s disease resistance.

(2) Being able to lose weight and lose weight is also one of the important effects of banana green tea. Banana has a lot of supplementary fiber, which can promote the discharge of garbage accumulated in the human body, while green tea can break down the excess in the human body and allow it to be converted into moisture to carry aroundPoop is excreted from the body and taken regularly, it can maintain the body and also has a good weight loss effect.

(3) It can prevent and relieve constipation. Banana contains many fibers, which can stimulate gastrointestinal peristalsis, increase fecal volume, and help defecation.

Chinese medicine reminds you not to eat bananas on an empty stomach.

(4) It can prevent or treat high blood pressure because bananas are rich in potassium, and excessive sodium ions are continuously discharged to lower blood pressure.

Another ion that lowers blood pressure is calcium, so if you cut a banana into small pieces and mix it in a juice machine with milk called calcium, it will become a glass of the best anti-hypertensive juice.

Green tea also has the effect of lowering blood pressure and fat.

The method of making banana green tea is very simple. You can prepare a banana, five grams of green tea, and an appropriate amount of honey, and prepare an appropriate amount of boiling water.

After the tea cup is ready, add green tea to the tea cup, then put the banana into the pulp and press it into a clay shape, put it into the tea cup and finally pour boiling water to brew. After cooling, cool down, then add honey and mix thoroughly.

How to save banana green tea If you use fresh banana to brew with green tea, you should drink it immediately, don’t leave it for too long, because the banana will be oxidized and blackened when exposed to the air, taste and nutrition will be affected.

If you use dry banana chips and green tea to make tea, you only need to ensure that the raw materials are dry. Do not place them in direct sunlight and high temperature. It is best to store them in a cool and dry place.