“Sir, you said I was just an ordinary person before waiting,It’s rare to have such a big chance,Find a confidante,Swept away,Disregard the heroes,This is what I should do。”

“But the reality is,Go to a strange world,No one can speak the truth,Do everything possible to become stronger,play hard,In the end, the strength has not improved much, let alone,I can’t be tempted when I meet a woman I like。”
“Isn’t this torturing the traversers??All fellow,I can’t do anything,I can only stay in the tavern with nothing to do every day,Then watched the fellows leave,I pray that those old villages will come back again,Ugh。”
After Li Qing heard King Jing’s question,,Said helplessly,Never experienced parting,Lovesick people,Won’t understand the feelings of those who travel through them,He’s okay,Just stay in the tavern of the heavens every day,Doing nothing。
As for the fellow travellers,Are risking their lives to go to other worlds,I can’t come back if I’m not careful,therefore,Some fellows have changed a lot,Just as it should be。
“Because this world is the weak,Respect the strong。”
After Sedum heard Li Qing, the lord of the tavern in front of him, said that he could not go to the technological plane,Although a little disappointed,But didn’t care too much,With emotion,Is their way of killing visitors from other worlds wrong??No,Because behind them is the whole world。
Are those from other worlds doing the wrong thing??nor,Because they just want to be stronger,Or,Those foreign visitors are also innocent,But the biggest mistake is,They have different positions,In the tavern,He will not kill these foreign visitors。
Because it’s not necessary,He is not a lunatic who kills countless,It’s not guilty to kill those visitors from other worlds for no reason,But if Sedum returns to his world,,Encountered visitors from another world,He won’t show mercy,I can only blame them for coming to the wrong world。
Sedum will not let go of visitors from other worlds who may cause the destruction of the entire world to enter his world because of a moment of soft heart.,He cannot bet,He won’t bet on the world he is in。
“grown ups,Yesterday I saw a fellow who is arguably the most weird among the fellow travellers。”
“The fellow traveled to the Great Qin Empire before,guess what?At that time Qin Shihuang Yingzheng had just destroyed the six countries,Then the fellow stood at the gate of Xianyang City and asked to see Emperor Yingzheng,Say something important to report。”
————
Chapter Two Hundred and Eighty Six Son of the Plane
“Because this guy said so swearly,The guard at the gate of Xianyang City could not make a decision for a while,Can only be reported level by level,The last incident directly alarmed the first emperor Yingzheng。”
“In the main hall,This fellow drew a map of the world directly from memory,Then tell the first emperor Yingzheng,He comes from the future,Are descendants of the first emperor,I want to help our ancestors truly dominate the world。”
“Although this fellow paints a bit sloppy,But I can barely see,Then Emperor Shi Yingzheng did not believe,As a result, the fellow memorized the genealogy,They are really descendants of the first emperor Yingzheng。”

Chapter Eighty Three Decisive battle

“What’s so great about A Jianglong?Just a dead man。Don’t be scared!We just have to kill Lu Menglin,These bugs will definitely disappear。”The black frame finally opened。
His real name is Ito Shizuko,Same as Shui Minano,Are all oriental,But he is not a talented awakener,But the martial arts master,The mind is a hundred times stronger than those with abilities。
“Yes!You all seem to have forgotten,You are just a support,It’s not your turn to be handsome。”Brolong also laughed。
Tu Ching heard the voices of these two people,Can’t help but shook his head,Smiled:“Leave it to me!”
“Do not,You are too weak!Are you still embarrassed??”Shizuko Ito frowned。
“Then you go?”Tu Ching is not angry,Instead smiled。
Shizuko Ito frowned deeper,He knows that Tu’s strength is unfathomable,I also know that my combat power is actually not as good as Tu Ching’s,That Lu Menglin can even repel Tu Ching,Go up by yourself,I’m afraid I can’t hold him。
not to mention,There are insects to help out,Such a weird situation,It will capsize if you don’t know much,Of course he would not take risks easily。
“Let me come!Just loose bones!”Brolong also shook his arm,Very energetic smile。
He said this,All the other apostles present changed their faces。
“No way!His Royal Highness Bro,You should not play easily!Before you play!”Ito Jingji quickly said。
Brolong also shrugged,Smiled:“What did you say?You are just my substitute。”
“but,If you play,The consumption is too big!”Shizuji Ito eagerly said。
“Will not!Just move your hands and feet casually。Don’t need to bless me。”Brolong also smiled。
“Let His Highness Bro come up!You can’t beat me again,That kid is not something extraordinary can handle。”Tu Chu said with a smile。
“nonsense!How could I not beat that kid!”Shizuji Ito。
“Then you go!What are you doing nonsense?”Tu Chu said with a smile。
The two are in dispute,Brolong has also walked out of the dirt wall,Walked towards Lu Menglin surrounded by insects。
“You look like this,Looks a lot like a villain。”Brolong also said politely。

————————————

PS:No one likes watching this,Subscription is like riding a roller coaster and falling down!
Ok,Greatest readers, the greatest readers,Since you readers don’t want to read about racing,Then let’s write something new。
————
First734chapter Healthy competition
Seeing Chen Geng walk down his iconic privateMD—82,Meng Haibo、Huang Wenqing、Wang Dazhi、Zhang Ying and the leaders of the Ministry of Aviation Industry and others hurried forward,All of them are excited:“Mr. Chen,You are coming?”
“Such a big thing,I must come,”Chen Geng laughed:“Now that we have reached that point?”
“The engine assembly is almost complete,Our engineers are working with engineers from the UK to conduct a final inspection of the engine,”Meng Haibo rushed to say:“If everything is ok,You can ignite and test drive。”
Chen Geng nodded。
According to the original and Rawls·Royce’s agreement,After the agreement is officially signed30Within months、Which is two and a half years,China Commercial Aircraft Manufacturing Industry Group uses Rolls·Some processing materials provided by Royce、Rough parts、Finished parts and casing、Starter and other accessories,Copied with Rawls·Royce of the same quality level“tay”MK650-8CTurbofan engine;
When the first step is achieved,The goal of the second step is to basically achieve domestic substitution within four years,Use domestic materials、blank、Finished product and accessories copied out with Rolls·Royce origin“tay”MK650-8CEngines of the same quality and life level。
What the contract stipulates is30Months,Which is two and a half years,Now it has reached the first phase goal nearly eight months in advance,to be frank,Chen Geng was really excited。He asked Meng Haibo with his head sideways:“Vice President Meng,The progress of the project is a bit fast beyond imagination。”
“It’s not everyone’s heart for work?”Talking about this,Meng Haibo’s smiling mouth couldn’t close:“Our unit has a high salary、Good income,Don’t raise lazy people,Two or three hundred for a month of hard work、Three or four hundred is normal,I get a basic salary of more than 50 yuan a month if I don’t work well……Everyone has a big family to support,Can the big guy work well??”
There are some things Meng Haibo can’t say,But in fact, everyone has a mirror in their heart:China Commercial Aircraft Manufacturing Industry Group is a joint-stock company of China and the United States.,Not a state-owned enterprise,There is no big pot of rice at all!
The way for foreigners is very simple,Reward for hard work and punish laziness,Who does more work,Whoever earns more money、Take more money,Who sneaks,Although our country stipulates that workers must not be fired for no reason,The company regularly organizes workers to conduct vocational skills assessment,Also to assess the daily work,Any one of the assessment goals can not be reached,Can only go to the vocational skills training center to relearn,But when you go to the vocational skills training center, you can only call students,There is only a minimum basic salary in one month,bonus?welfare?nonexistent。
One side is several times the salary of the peers,One side is eating bran throat vegetables,Those who don’t work well,His family won’t let him go:Don’t do it well with such a good job,Can you still want to go to heaven?!

Yunxiang was still thinking,How should I explain。

But now this time,Some things are also inappropriate。
Sister Zhou is also dumbfounded,Jiang Yunyun asked incredulously:“This gentleman,Did you not tell your boss,The first-line star Yunyun is going to act here?”
Seeing the appearance of Jiang Yunyun,Yunxiang is unwilling to hit her,Yunxiang was even suspicious,Will Qin Feng know the name Jiang Yunyun??
Because many times,Yunxiang never saw Qin Feng watch TV。
It’s just that some things shouldn’t be said so much,So Yunxiang can only do this evil person。
【Bookmark,Easy to read】
————
Chapter nine hundred and seventy one Be sure
“I already said this,But he hesitated,Because the progress here really can’t be delayed,So I also suggest not to do this。”
“Oh,This is what you suggested,I wonder if we can talk about it?”Sister Zhou said hesitantly,There is some disgust in her heart。
Because sister Zhou suddenly thought,This should be Yunxiang’s way of wanting money。
Otherwise,Why did such a thing happen??But everyone is smart,No need to speak so clearly。
This is not,Sister Zhou also looked at each other expectantly。
Yunxiang knew that Zhou Jie had misunderstood,He said with a bitter smile:“Sorry,this place,Really can’t delay,You can also visit other villages。”

Lixun Precision (002475) Quarterly Report Comments: Third-Quarter Performance Exceeds Expectations to Maintain High Long-Term Growth

Lixun Precision (002475) Quarterly Report Comments: Third-Quarter Performance Exceeds Expectations to Maintain High Long-Term Growth
Event: The company released the third quarter report of 19, and the first three quarters achieved revenue of 378.3.6 billion +70 per year.96%, net profit is 28.880,000 yuan, +74.26%, operating net cash flow yoy + 194.59%, ROE17.04%, a year-on-year increase of + 5%; the return of 19 is expected to return to the mother’s net profit of 39.48-42.400,000 yuan, + 45-55% year-on-year. Opinion: We continue to recommend the company, optimistic about the value of the company’s platform, the company’s third-quarter performance exceeded expectations, the expected indicators maintained high growth, AirPods / motor / acoustics / wireless charging projects continued to contribute continuously, and communication / automotive products gradually became a performance increasepoint.The company’s convertible bonds + value-added capital has invested heavily in the wearable sector and is expected to enter the Apple Watch assembly business next year with high growth and sustainability. The 成都桑拿网 company’s components continue to contribute to the machine, the profitability continues to improve, and the two allocation incentives highlight the company’s confidence in the development of the medium and long-term development, optimistic about the company’s subsequent growth space, and strongly recommend! The third quarter performance exceeded expectations and maintained high growth for a long time.The company’s Q3 revenue was 163.950,000 yuan, +62.24%, net profit attributable to mother 13.RMB 860,000, a year-on-year increase of +66.74%, far exceeding the upper limit of semi-annual report performance indicators (38.32%).Specifically, the increase in motor share + expansion, wireless charging maintains a high share, the increase in acoustic material numbers, AirPods continued to optimize the profitability of the volume, and the volume of the communications sector is the driving force behind growth.In terms of profit, the company’s automation and internal management efficiency continued to improve, with Q3 gross profit margin of 22.07% quarterly +2.58%, +0 year-on-year.13%, net interest rate 8.98%, quarter +1.58%, +0 year-on-year.38%. If the effect of equity incentive expenses is eliminated, the actual net interest rate will increase by the size of the margin.In addition, the company’s operating / funding efficiency continued to improve, and its operating net cash flow in the third quarter was yoy + 194.59%, weekly revenue rate +0.69%, inventory turnover yoy + 0.39%, 3.5 billion of the existing company’s book inventory is stocking new products for customers, which indicates that the heavy delivery in the fourth quarter will continue to be heavy, and it is expected that 19 will gradually return to the mother’s net profit of 39.48-42.400,000 yuan, + 45-55% year-on-year. With many bright spots in consumer electronics next year, the Apple Watch is expected to contribute to the performance, and it is optimistic about the expansion of horizontal components in the medium and long term, and vertical devices will contribute to the whole machine.In the short term, the company’s motor project is expected to expand in 19 years. It is expected to become a new product research and development supplier next year. The introduction of acoustic material numbers will accelerate the acceleration and it is expected to enter watches / notebooks / tablets. Wireless charging will maintain a high supply share in 2020.The new machine is expected to be equipped with reverse charging function, optimistic about the increase in value, and gradually promote the wireless charging module of tablet / notebook products; antenna: Apple will launch a 5G mobile phone (below 6G + mmwave) with a high probability next year, and the antenna design difficulty will increase + newmmwave antenna module, the company is expected to benefit first.In addition, the company’s convertible bonds of 600 million were raised to invest in “new projects with an annual output of 4 million smart wearable devices” + 600 million capital increase. Lixun Zhizhu vigorously expanded wearable assembly and promoted the introduction of Apple Watch assembly projects to contribute performance next year.In the medium and long term, the company replicates the Taiwanese business model. It has strong grounding and engineering capabilities, horizontal component expansion, forward device development to the whole machine. The logic of smooth growth, sustainable profitability improvement, and continued optimism about the company’s medium and long-term growth. Investment suggestion: According to the company’s guidance and equity incentive performance outlook, the company’s 19-20 year net profit will be from 40.05/55.80 trillion is raised to 42.43/57.24 ppm, maintain “Buy” rating, and continue to recommend. Risk warning: Airpods sales fall short of expectations, R & D progress is less than expected, Sino-US trade war worsens

Tonghua Dongbao (600867) Important Matters Comment-Insulin Glargine Approved to Market and Try to Open New Development Opportunities

Tonghua Dongbao (600867) Important Matters Comment-Insulin Glargine Approved to Market and Try to Open New Development Opportunities
The company is a pioneer in domestic insulin leadership and chronic disease management layout. Insulin glargine was approved for listing and gradually became the company’s market promotion and channel sinking advantage for many years. It quickly entered the market and has a long-term development prospect. It maintains the EPS forecast for 2019-2021 to be 0.48/0.59/0.72 yuan, corresponding to PE 25/20/17 times, 南宁桑拿 maintaining the “overweight” level. Insulin glargine was approved for marketing.The company’s announcement has obtained the insulin glargine registration approval issued by the State Food and Drug Administration on December 6, 2019. The heavy product was successfully approved, and then gradually replaced the company’s years of market promotion and channel sinking advantages to enter the market quickly.The product was clinically approved in June 2014. The production site inspection and field sampling were completed in May and June 2019, and the three-in-one review was completed in September 2019. The company has invested about 71.81 million yuan in research and development costs.Insulin glargine is a new type of insulin analogue with long-lasting effect, no gradient in blood concentration, and stable reduction of blood glucose in patients. The original manufacturer is Sanofi-Aventis, France. The global value of this product was 49 in 2018.$ 9.5 billion, is the star product of the global diabetes market.Sanofi-Aventis’ insulin glargine was listed in China in 2004. Since then, domestic companies Gan Li Pharmaceutical and Zhuhai Federation have been approved to list related products in 2005 and 2017, respectively. The second-generation insulin has initially recovered, and the long-term R & D layout is worth looking forward to.In the first three quarters of 2019, the parent company realized operating income19.5.1 billion yuan (+12.37%), net profit 6.6.3 billion (+5.34%). At present, the second-generation insulin business has gradually stabilized and rebounded, and is expected to gradually achieve double-digit growth.In addition, the company has a wealth of product reserves. Currently, the asparagus rapid-effect ratio has been reported in April 2019. Aspart 50 has completed clinical research and is expected to enter the production phase in the first half of 2020. Aspart 30 is expected to be available around the end of 2019.Complete the enrollment of all cases, it is expected to enter the stage of reporting labor by the end of 2020 or the first half of 2021; liraglutide is expected to complete the phase III clinical trials by the end of 2020 and enter the stage of reporting labor by 2021.The company has been cultivating the diabetes market for many years. The overall product planning and layout is perfect, and there is good room for long-term development. The operation level has been gradually improved, and the repurchase has shown development confidence.In the first three quarters of 2019, the company made corresponding market preparations for the insulin glargine listing. Current sales expenses increased significantly and the company’s operating level continued to improve. The company’s net operating cycle in the first three quarters of 2019 was 430.In 06 days, the year fell 52.88 days, of which inventory and accounts receivable turnover days decreased by 29.69 days and 0.66 days, payable turnover days increased by 22 over decades.53 days, the improvement of inventory turnover level contributed significantly to the improvement of the overall operation level.In addition, the company has recently announced a repurchase program, the total amount of shares to be repurchased is not less than 2 trillion, not more than 2.The repurchase price is not more than RMB 23 yuan / share (inclusive). The repurchased shares will be used to distribute incentives. This repurchase will enhance investor confidence and further improve the company’s long-term incentive mechanism. Risk factors.The progress of research and development is expected to reduce the price of insulin tenders and prolong the management of chronic diseases. Investment Advice.The company is a pioneer in domestic insulin leadership and chronic disease management layout. Insulin glargine was approved for listing and gradually became 杭州桑拿网 the company’s market promotion and channel sinking advantage for many years. It quickly entered the market and has a long-term development prospect. It maintains the EPS forecast for 2019-2021 to 0.48/0.59/0.72 yuan, corresponding to PE 25/20/17 times, maintaining the “overweight” level.

N Huaxi (688363): Global Hyaluronic Acid Production Leader Expands Downstream Growth Industry to Cast Full Industry Chain Business Matrix

N Huaxi (688363): Global Hyaluronic Acid Production Leader Expands Downstream Growth Industry to Cast Full Industry Chain Business Matrix

Company profile: The predecessor of the global hyaluronic acid production company, Shandong Furuida, was founded in 2000. It started from the production of hyaluronic acid raw materials. In 2012 and 2014, it launched independent brands to enter domestic medical terminal products and functional skin care products.

In 2018, raw materials, medical terminals, skin care and other business revenues accounted for 52%, 25%, and 23%, respectively.

The company’s industry division is prominent, being the world’s largest hyaluronic acid production and sales company, accounting for 36% of global output in 2018; domestic market shares of dermatology and orthopedic medical end products are 12% and 9%, respectively; functional skin care productsBusiness revenue exceeded 100 million yuan, and the scale is rapidly increasing.

2016?
In 2018, revenue and compound annual average net profit increased by 31.

26%, 25.

43%, and has accelerated in recent years.

Company business: Based on raw material advantage business, expand downstream medical terminal, skin care and other business areas 1) Hyaluronic acid raw material production business: The 21st 北京夜网 century downstream application field of hyaluronic acid is gradually expanded, driving the rapid development of upstream raw material production, and the company’s technological breakthroughs cover costsAdvantages, grasp the potential of the global industry and grow into the world’s largest production base. The products include three major categories of medicine, cosmetics and food grade, with customers all over the world. 16?
The revenue of raw materials over the past 18 years has increased by 19%.

2) Independent brand business of medical terminal products: including dermatology, orthopedics, and other (such as ophthalmology) products. The 18-year revenue accounted for 78%, 19%, and 3% of the business, respectively. The independent brands include Hilda, and HTV.Jian, Runbaiyan, etc., mainly distribution.

Population aging (civilized, cataracts and other elderly diseases), the rise of micro-surgery in a beautiful economy, and the promotion of the industry boom, the company’s business 16?
The average annual growth rate of 18 revenues was 28%.

3) Functional skincare private label business: existing brands such as Runbaiyan, Silky, etc. The products have been developed with original liquids, facial masks, lipsticks, etc., and developed online and in all channels; consumption upgrades the cosmetic industry, and the company is leveraging the industryAnd online channel dividends to achieve rapid development, 16?
The average annual revenue in 18 years has increased by 113%, and the online and offline ratios in 18 years have been 60% and 40%, respectively.

Company advantages: Leading technology in the world, launching its own brand to enter the downstream, successfully building the entire industry chain. The company has the world’s leading hyaluronic acid production technology (high conversion, low impurities) and molecular weight control technology (enzymatic cutting, gradient 3D crosslinking, etc.), Terminal moist heat sterilization technology, etc., so that the company’s raw materials business covers three major application areas of medicine, cosmetics, food, etc., with a wide range, consolidating the leading position; successfully launched its own brand to enter downstream growth industries, leading the technology to create product barriers, and expand overseasNew technologies and new products increase profit growth points, helping to improve overall performance and broad prospects.

Earnings forecast 31.

540,000 yuan is mainly used to enhance research and development and production.

It is expected that the raw material business will grow steadily, downstream independent brands will continue to grow rapidly, the gross profit margin will decrease, and the proportion of downstream business will increase and increase. Marketing expenses will still need to be spent.
The 21-year EPS is 1.

20/1.

58/2.

04 yuan.

Risk warning: R & D failure / substitution of new technology or products; marketing supplements are less effective than expected.

CITIC Bank (601998) 2018 Annual Report Comment: Profit Growth Segment Assets Asset Quality Improves

CITIC Bank (601998) 2018 Annual Report Comment: Profit Growth Segment Assets Asset Quality Improves

This report reads: CITIC Bank’s 2018 performance basically meets expectations, with rapid revenue growth, interest margins rebounding 重庆耍耍网 sequentially, and asset quality improving.

Target price 8.

88 yuan, maintaining the overweight level.

Investment points: Investment advice: Considering the 19-year macroeconomic uncertainty, lower the forecast for net profit growth in 19/20/21 to 6.

74% / 6.

71% / 6.

28%, EPS0.

97 (-0.

07) / 1.

04 (-0.

14) / 1.

10 yuan, BVPS 8.

88/9.

65/10.

46 yuan, the current price corresponds to 6.

28/5.

89/5.

54 times PE, 0.

69/0.

63/0.

58 times PB.

Reduce the target price to 8 in compliance with the market environment.

88 yuan, corresponding to 1 in 19 years.

0 times PB, maintaining the overweight rating.

New understanding: The performance is basically in line with expectations, and the quality of assets generally improves the profit growth rate.

The growth rate of 18A net profit decreased by 1 from 18Q1-3 earlier.

6 to 5 pieces.

8%, attributable to the weak growth rate of non-interest income and the expected decrease in contribution, mainly due to the high base effect of 17Q4.

18Q1-2 is the peak of non-interest net income in a single quarter, and the base effect is expected to continue for 1-2 quarters.

The interest rate differential rebounded month-on-month.

The 18A gradual net interest margin (daily average) + 2bps compared to the previous month was attributable to: ① The retail transformation at the asset end drove up the loan yield.

82% of new loans in 18H2 went to retail, the number of 18A mobile banking customers, and the number of credit card reissues increased by 32% and 35%, respectively. ② The cost of interbank debt on the debt side decreased.Judging that the cost of interbank debt still has room to fall.

Asset quality is improving.
The performance is as follows: the 18Q4 bad rate and increasing bad bad rate are down 1bp and 14bp, respectively, the attention rate and overdue rate are 18bp and 4bp lower than 18H1, and the change degree is 2pc to 92% lower than 18H1.

Due to the weak revenue end, the provision for 18Q4 provision weakened, the provision coverage ratio still fell 3pc to 158%, and the provision loan fell 8bp to 2 from the previous quarter.

80%.

Risk Tips: Economic Downturn Leads to Increased Credit Risk, Retail Conversions Cause Bad and Rapid Exposure

Datang Power (601991): 1H19 performance missed expectations; downgrade H shares to neutral

Datang Power (601991): 1H19 performance missed expectations; downgrade H shares to neutral

We recommend that we lower Datang Power Generation-H to Neutral rating, maintain Datang Power Generation-A neutral rating, and lower our target prices by 20% to 1.

90 creations, RMB 2.

50 RMB.

Reason 1H19 performance was not as expected, one-off losses and increased management expenses dragged down earnings performance.

In the first half of 2019, the company’s net profit attributable to mothers decreased by 37% year-on-year to 8.

6 trillion, of which only contributed 4 in the second quarter.

300 million US dollars, a year-on-year decrease of 56%, subject to (1) Gansu Liancheng, Hebei Baodian Company filed for bankruptcy, or caused a net loss of 300 million US dollars.

Although the previous budget return or investment income increased by 1.1 billion U.S. dollars, the company also recognized 8 trillion impairment losses and 500 million U.S. dollars in guarantee liabilities (included in non-operating expenses);

8 ppm (1% of revenue from the same period last year.

8% rose to 2.

5%), which is mainly related to the depreciation caused by the suspension of production of subsidiary equipment.

Power growth is weak and the single-flame downturn is weaker than its peers. Profit recovery will take time.

The company’s installed capacity is mainly located in Hebei, Inner Mongolia, Anhui, Heilongjiang, Guangdong and other places, and the power growth has been severely weak.

In the first half of the year, the company increased its installed capacity by 2.
.

In the case of 1%, the utilization interval is extended by 6%, which results in at least 5 times longer power generation.

2%.

In addition, the unit fuel cost of the company in 1H19 only decreased by 3%.

3%, which is weaker than its peers, reflecting the regional coal price elasticity or inadequacy.

The Anhui company that the company bought last year continued in the first half of the year, and the Heilongjiang company was subject to the local coal price’s upward trend, which caused some losses.

In the second half of the year, we expect the company’s asset operation to continue to increase severely, and earnings recovery will take time.

What makes us different from the market?

We are cautious about the profitability of all employees of the company, the subsequent impairment losses and the stalemate of the premises and the expectations.

Potential catalysts: fluctuations in coal prices and changes in electricity consumption growth rates.

Earnings forecast and estimation Considering that the company’s first-half performance is lower than expected, and the asset operation in the second half of the year, the performance growth or excessive weakness, we also cut the company’s A / H shares’ 2019/20 profit forecast to 32% / 21% to RMB 0.

12/0.

13 yuan.

Company A / H shares are currently being traded in 2019.

0 times / 0.

5x P / B.

According to the profit forecast adjustment, we cut the company’s H-share target price by 20% to 1.

90杭州桑拿 burning, corresponding to 0.

6 times the 2019 P / B ratio, which has 15% upside compared to the previous one, and is lowered to neutral; we cut the company’s A-share target price by 20% to RMB 2.

50 yuan, corresponding to 0.

9x 2019 P / B ratio, 9% downside compared to the same period last year, maintaining a neutral level

Risk coal prices fell less than expected; electricity demand fell short of expectations; asset impairment exceeded expectations.

5 secret recipes for health with water to share

5 secret recipes for health with water to share

I have adhered to the five-water regimen for many years and have benefited a lot. Now I can eat, sleep, and circulate quickly (blood).

This “five-water regimen” refers to: the first secret decision: wash my face with hot water and soak my feet. I pour a pot of hot water every night. The water temperature is generally around 50 ° C. Sometimes I put some vinegar or salt in the hot water.
Salt can disinfect and sterilize, vinegar can remove dark spots on the bladder, skin care and beauty.

I soaked the towel in hot water, took it out and wrung it, and quickly covered it with the length. I drew the hot air with my nose, and then added it to the hot water for ironing. After repeated ironing, I could iron my eyes and iron my face.Nose ironing.

Breathing hot air in the nostrils can prevent colds, rhinitis, nosebleeds, ironing can cure eye diseases, ironing can cure age spots, and make the skin more elastic.

  After washing your face, soak your feet in hot water.

You can rub your feet with your hands when rubbing your feet or rub your feet with each other. After about 10 minutes, dry your feet with a towel and massage your feet. When massaging, point your right hand Lao Gong acupoint to your left foot Yongquan acupoint and rub 50 times.Grab your toes and shake them 50 times; then, with your left hand Laogong acupoint, aim at your right foot Yongquan and rub them 50 times, and grab your toes and shake them 50 times.

  According to Chinese medicine, there are 66 acupoints below the toe joint, which correspond to various organs of the human body. When some parts of the human body occur, the corresponding acupoint reflection area will appear various abnormal phenomena.

Yongquan Point is also called “Jianshen Point”.

“Every disease is inseparable from the five internal organs, and the kidney is the foundation of the internal organs.

It can be seen that sticking to hot feet can indeed cure many diseases. No wonder some people say, “The rich take medicine, and the poor soak their feet.” This makes sense.

  The second secret: rinsing with warm water and brushing your teeth is an important organ that guarantees nutritional supply. Brushing your teeth with warm water is to protect your teeth from being overheated and irritated.

I ‘m 70 years old and I have n’t lost any of my teeth. It ‘s really “good teeth, good appetite.

“The third secret: Drink a glass of warm water in the morning. I drink a glass of warm water in the morning. The water will quickly enter the blood, restore the viscosity of the blood, and promote normal blood circulation. This can effectively prevent cardiovascular and cerebrovascular diseases.Occurrence, is beneficial to improve blood circulation and blood supply, but also beneficial to kidney metabolism, can sterilize and clean the stomach, can not be gastrointestinal diseases, soften stools, not constipation, and promote an orderly metabolism.

  The fourth secret: washing your face with cold water and washing your face with cold water is easy to do in summer, but in the cold winter months, you ca n’t do it without strong perseverance.

I used to stick to a cold water bath and wipe my body with cold water, but a cold water bath can only be adapted to it from the beginning of summer.

Wash your face with cold water and rub it while washing your face. Hold your hand with cold water and suck it with your nostrils several times to prevent colds. After washing with cold water, rub your head vigorously with a towel to wipe your face until the skin has a slight heat.

  Chinese medicine claims that there are 14 acupoints such as Baihui and Fengchi on the head. Washing your hair and rubbing your face are massages to enhance the body’s ability to resist cold and reduce diseases such as colds. It can really achieve beauty, clear head, and bright eyes.

  Fifth secret: Drink a few glasses of water every day. In order to maintain sufficient moisture in the body, I need to drink at least 6-8 glasses of water every day. I should not be afraid of drinking at night.

Drink water regularly and quantitatively. For example, get 1 drink on an empty stomach in the morning, drink between meals, drink before going to bed at night, drink at 1-2 o’clock in the evening, each cup of water is about 200 grams, you can drink more gruel in winter.

Overall, water is essential for older people.