[Can kidney stones eat lotus root]_ lotus root _ effect

銆 愯 弩 缁 撶 酶 鍙  钆 咉 咉 曞 曧 銆 慱 銮 雔 _ 锷 熸 晥
褰撲汉鐨勪竴浜涘櫒瀹樹腑鍑虹幇浜嗕竴浜涘潥纭殑绫讳技鐭冲ご鐨勭墿璐紝杩欑鐗╄川涓€鑸氨鍙仛缁撶煶銆傝€岄暱鍑虹幇缁撶煶鐨勫湴鏂瑰氨鏄汉浣撲腑鐨勮偩鑴忓拰娉屽翱绯荤粺锛屽鏋滀竴涓汉鎮d簡The paneling is very important, and the father and the father are not alone. They can be used together with their parents. They are very effective, and they are very effective.浜轰綋鏉ヨ鏄崄鍒嗘湁钀ュ吇浠峰€肩殑锛岄偅涔堟偅浜嗚偩缁撶煶鐨勬偅鑰呭彲浠ュ悆鑾茶棔鍚?涓€銆佽偩缁撶煶鍙互鍚冭幉钘曞悧鑲剧粨鐭冲彲浠ュ悆鑾茶棔銆傝幉钘曠殑钀ュ吇寰堝,鐔熺敤鍙互琛ョ泭鑴捐儍,鐩婅鐢熻倢銆傚悆鑾茶棔瀵硅偩缁撶煶鎮h€呰韩浣撶殑鎭㈠鏄強鍏舵湁甯姪鐨勩€備簩銆佸悆鑾茶棔鐨勫ソ澶勮幉钘曞井鐢滆€岃剢锛屽彲鐢熼涔熷彲鍋氳彍锛岃€屼笖鑽敤浠峰€肩浉褰撻珮锛屽畠鐨勬牴鏍瑰彾鍙讹紝鑺遍』鏋滃疄锛屾棤涓嶄负瀹濓紝閮藉彲婊嬭ˉ鍏ヨ嵂銆傜敤鑾茶棔鍒舵垚绮夛紝鑳芥秷椋熸娉伙紝寮€鑳冩竻鐑紝婊嬭ˉ鍏绘€э紝棰勯槻鍐呭嚭琛€锛屾槸濡囧绔ュΚ銆佷綋寮卞鐥呰€呬笂濂界殑娴佽川椋熷搧鍜屾粙琛ヤ匠鐝嶃€備笁銆佽偩缁撶煶鎮h€呭悆浠€涔堝ソ瑕佸椋熼粦鏈ㄨ€炽€傞粦鏈ㄨ€充腑瀵屽惈澶氱鐭跨墿璐ㄥ拰寰噺鍏冪礌锛岃兘瀵瑰悇绉嶇粨鐭充骇鐢熷己鐑堢殑鍖栧鍙嶅簲锛屼娇缁撶煶鍓ヨ劚銆佸垎鍖栥€佹憾瑙o紝鎺掑嚭浣撳銆傝繕鏈夊瘜鍚淮鐢熺礌B1鍜岀淮鐢熺礌C鐨勬按鏋滃婧惰В鑲剧粨鐭虫湁濂藉锛岃偩缁撶煶鎮h€呭彲浠ュ鍚冧竴浜涖€傚洓銆佽偩缁撶煶寤Hong1.What’s the difference? Do you want to know how to do it? Do you want to borrow it? Do you want to borrow it?.14鍏崌鐨勫翱娑层€?.鎺у埗閽欑殑鎽勫彇閲忥紝閬垮厤鎽勫叆杩囧鐨勯挋璐紝浣嗗苟闈炵姝€?.This article was published in the original version, and it was read and written by the readers. It ‘s hard to read. It ‘s a hard-to-read chain. It ‘s hard to read, and it ‘s very hard to read. It ‘s not easy to read it.犗 銆?.鍕垮悆杩囧瀵屽惈鑽夐吀鐩愮殑椋熺墿锛屽寘鎷眴绫汇€佺敎鑿溿€佽姽鑿溿€佸阀鍏嬪姏銆佽憽钀勩€侀潚妞掋€侀鑿溿€佽彔鑿溿€佽崏鑾撳強鑼躲€?.The chain is rugged, and the way is strong. Cui 粬 縬 縬 縬 6: What is the difference between 90% and 90%?  鍙 戼 劼 銆?.It ‘s a great deal of time. It ‘s a good idea. It ‘s a good idea. It ‘s very pretty. It ‘s a lot of time. It ‘s not like this.婚鐗╁寘鎷細鑳¤悵鍗溿€佺豢鑺辨ぐ鑿溿€佹磱棣欑摐銆佺暘鐡溿€佺墰鑲濓紝浣嗛珮鍓傞噺鐨勭淮浠栧懡A鏈夋瘨锛屾湇鐢ㄥ墠鏈€濂借鏁欏尰鐢熴€?.淇濇寔娲诲姏锛屼互鍏嶉挋璐ㄦ矇绉湪琛€娑蹭腑銆?.鍑忓皯铔嬬櫧璐ㄧ殑鎽勫彇閲忥紝鍖呮嫭鑲夌被銆佸共閰€侀奔鍜岄浮銆?

[How to eat delicious acacia flowers]_How to eat_eat

銆愭磱妲愯姳鎬庝箞鍚冨ソ鍚冦€慱濡備綍鍚僟鍚冩硶
姣忓勾鐨勫叚涓冩湀闂达紝鏄磱妲愭爲寮€鑺辩殑瀛h妭锛屽皬灏忕殑鐧借壊鑺辨湹锛屾弧鏍戦兘鏄紝棣欐皵棣ラ儊銆備笉鍏夊ソ鐪嬶紝濂介椈锛屾磱妲愯姳杩樺彲浠ョ洿鎺ラ鐢紝鑰屼笖钀ュ吇浠峰€煎緢楂橈紝鍚湁I’m going to go to the place where you can go through the chain. You will be able to use the chain to go along with it.Jijuan 銆?What are you talking about? You are in a hurry, and you are in a hurry. It ‘s a pan-and-south. It ‘s a hot pot. It ‘s so hot. It ‘s not a good idea. What is it?儲 愯 姳 咂 歌 彍 1.鏂伴矞鐨勬鑺辨礂鍑€銆佹帶骞叉按鍒嗭紙鏈€濂芥槸鐢ㄦ病瀹屽叏寮€鏀剧殑妲愯姳锛夌瓑钂搁攨閲岀殑姘寸儳寮€鍚庯紝妲愯姳鍔犲叆灏戦噺鐨勯潰绮夋媽鍖€锛屾斁鍏ヨ捀閿呰捀鍒?闒 嗛 抓 銆 傝 區 捂 卑 凑 劲 劯 姳 図 囂 紑 鏅 鏅 Fear of 陳 銆?.閿呬腑鐨勬补鐑悗鐖嗛钂滅墖銆備笅鍏ヨ捀濂界殑妲愯姳锛屽姞鍏ラ€傞噺鐨勭洂鍜岄浮绮捐皟鍛筹紝缈荤倰鍑犱笅鍗冲彲鍑洪攨銆?.绾豢鑹茬殑鏈夋満椋熷搧锛屾湁绌虹殑璇濊瘯鐫€钂镐竴浠藉惂銆備簩銆佸寘锛?儲 愯 姳 卖 哭 瓙 1.灏嗛潰绮夊€掑叆澶у鍣ㄥ唴銆傚皢閫傞噺閰垫瘝绮夊€掑叆灏忕閲屾敞鍏ュ皯璁告竻姘存憾鍖栥€傚€掑叆瑁呴潰绮夌殑瀹瑰櫒鍐呮悈鎷屽潎鍖€銆?.鍐嶆弶鎴愰潰鍥紝鎶婂鍣ㄧ洊涓婅瀹冨彂閰点€傚垎鍒皢妲愯姳浠ュ強闊彍鍒囩鏀惧叆澶х鍐呫€傚€掑叆灏戣姗勬娌规悈鎷屽潎鍖€銆傚啀灏嗗凡缁忔媽濂界殑鐚倝绯滃姞鍏ユ悈鎷屽潎鍖€銆?.寰呮弶濂界殑闈㈢矇鍙戦叺澧炲ぇ涔嬪悗灏卞彲浠ュ紑濮嬪寘鍖呭瓙浜嗐€傛妸闈㈢矇寮勬垚灏忓墏锛屾搥濂姐€What’s the difference between the real world and the real world? What are you doing here? Do you want to do it? Do you want to do it? Do you want to do it?犂 銆?.搴ч攨鏀惧叆鍖呭瓙闅旀按澶х伀钂镐簩鍗佸垎閽熴€傜唲鐏悗鍏堜笉鎵撳紑閿咃紝缁х画鐒栨暟鍒嗛挓鍐嶅彇鍑恒€備笁銆佺倰锛?儲 愯 姳 镣 掕 泲 1.鍏堟妸妲愯姳鎽樺共鍑€锛屽幓闄ゅ彾瀛?鐢ㄦ竻姘存礂鍑€,鐢ㄥ紑姘寸叜寮€鐑啛鍚庤繃鍑?鎶婃鑺辨敟鍑€姘翠唤2.It ‘s a lot of troubles. It ‘s a lot of troubles. It ‘s a lot of sorrows. It ‘s awkward. It ‘s so weak.鐐掗攨鐑х儹鍔犲叆鑺辩敓娌癸紝鏀惧叆妲愯姳铔嬫恫杩涜鐐掑埗,鎱㈡參鍔犵儹杩涜鐐掑埗鍥涖€佺倰锛?How dare you?.呓 呮 铮  姞 恏 戣  娌 Guo 纴 Don’t be afraid of 擆 铔 よ 湂 擂 叾 播 播 播 look?.钂滅墖鐖嗛锛屽€掑叆铔よ湂缈荤倰锛岀洊閿呫€?。string together?鍒嗛挓鍚庯紝閮ㄥ垎铔よ湂浼氬紶寮€鍙c€傚€掑叆涓€鍗婃鑺憋紝缈荤倰鍚庣洊閿咃紝璁╂鑺卞惛鏀舵堡姹併€?.鍐嶈繃涓€涓ゅ垎閽燂紝铔よ湂浼氬叏閮ㄥ紶寮€鍙c€傚€掑叆鍓╀笅鐨勬鑺憋紝缈荤倰锛屽姞鐩愯皟鍛冲悗Chongchonghonghonghongluo?

Vanke A (000002) February 2019 sales data review: Careful sales will start

Vanke A (000002) February 2019 sales data review: Careful sales will start

The company’s sales are gradually getting better, and land acquisition continues to be cautious and moderate.

The highest decline in sales has narrowed, and the previous month’s sales growth rate for 3 months is expected to continue to rise.

In February 2019, the company achieved preset 431.

900 million with a sales area of 246.

70,000 square meters, with an increase of 21 each year.

3% and 2.

7%.

The company’s first-tier growth rate is faster than the annual growth of sales area, which may be due to the higher initial proportion of first- and second-tier cities.

We expect that the company’s saleable resources will further increase in the future, and sales in March are expected to continue to grow in a single month.

Maintain a certain gross profit margin and expect a slight increase in 杭州夜网论坛 sales.

In our opinion, the average transaction price of the company in February was slightly higher. Although it was mainly for structural reasons, it also objectively showed that the company had no intention to sacrifice gross profit margin for price reduction.

After all, the current land market in core cities lacks land acquisition opportunities (the land transaction prices in Guangzhou, Hangzhou and other places have recently been more expensive), and the future of third- and fourth-tier cities is extremely uncertain.

The company’s leverage is not heavy, so it maintains a positive sales attitude, but also takes into account the basic stability of the gross profit margin.

We expect the company to outperform the industry slightly in 2019 and then grow within 10% annually.

Properly acquire land to maintain the necessary scale growth.

The company announced the equity contract land price of 206 in the first two months of 2019.

300 million, an increase of 9 per year.

2%, the company’s sales contract amount reached 920 during the same period.

700 million.

The scale of the company’s land acquisition is still not large, which is related to the lack of good opportunities in the current land market.

The industry policy environment is stable, and the real estate leader has broad room for growth.

We believe that due to the poor fundamentals of third- and fourth-tier cities, the land transfer fee for most of the country may have dropped significantly, and the real estate industry is currently facing a policy environment that maximizes stability.

Moreover, business areas such as property management are encouraged by policy.

We believe that although short-term companies benefit less from the reduction in capital costs than SMEs, in the medium and long term, the company has ample room for growth.

Risk reminder: the risk that the company’s saleable resources will have limited growth in 2019; some of the company’s new businesses may generate operational potential risks.

Maintain the company’s “Buy” investment rating.

We maintain the company 2018/2019/20203.

10/3.

62/4.

The profit forecast for 05 yuan / share is maintained at NAV35.

74 yuan / share.

The company’s current market value is 26 points from its highest point since 2018.

A 9% discount, which is 16 away from NAV.

9% discount.

We believe that the company has certain safety margins.

We give the company 10 times PE in 2019 with a target price of 36.

24 yuan / share, maintain “Buy” investment rating.

The initial enthusiasm for the listing will be over the true and false unicorns

The initial enthusiasm for the listing will be over the true and false unicorns

[Depth]The true and fake unicorns have gone through the enthusiasm in the initial stage of listing, and the so-called unicorn companies have already differentiated.

  Chen Feiya Source: Visual China Carelessly, Li Qi became a paner once and for all.

  Buying on ZhongAn Online (6060.

HK) For the next three months, Li Qi watched the Internet fintech company continue to go down.

As a company that provides online insurance product sales and claims services, Zhongan Online gradually increased by 79% from the issue price at the beginning of its listing.

“Although I do not expect to reproduce the large increase at the beginning of the listing, it is still a bit unexpected. Zhongan is only a unicorn and the first stock of Hong Kong fintech,” said Li Qi.

  However, Zhongan Online is not the only Hong Kong stock that gives investors a hard time.

  Since last year, the fund has been established for less than 10 years, and the business development prospects are good. Unicorn companies with an average market estimate of more than 1 billion US dollars have successively entered the Hong Kong stock market.

In addition to Zhongan Online, Reading Group (0772.

HK), Ping An Good Doctor (1833.

HK), Razer (1337.

HK) and Yixin Group (2858.

HK) is also a popular unicorn company.

  These companies were lively at the beginning of the Hong Kong stock market listing, but subsequent bursts also caught investors off guard.

  As of June 5, the average value of Zhongan Online, Reading Group, Yixin Group, Razer and Ping An Good Doctor showed a decline, and the market value has lost more than 180 billion euros at an earlier high.

Except for the Reading Group, the shares of the other four companies have all been issued.

Among them, Ping An Good Doctor broke his hair on the second trading day after listing, and Yixin Group, 成都桑拿网 Razer previously fell more than 50% from its historical high.

  What happened to these unicorns?

  An investment banker told Interface News that listing is a long-distance run, not faster than a long run.

“The enthusiasm in the early stages of the listing has caused so-called unicorn companies to diverge.

“When the listing went wild, these unicorns were eye-catching and gold-absorbing.

  Online reading giant Reading Group is one such high-profile company.

After experiencing the golden development period of online reading, in November 2017, Reading Group entered the Hong Kong stock market with an issue price of 55 generations / share.

  The listing of the company once triggered a shortage of funds in the Hong Kong market.

Based on the issue price of 55, the market value of Reading Group is about 435.

0.8 合肥夜网 billion to 498.

500 million construction rooms.

Surprisingly, the Reading Group was enthusiastically welcomed by institutions and retail investors.

Data show that the Reading Group has received 622 times over-subscription and frozen funds of more than 520 billion euros.

The enthusiasm of Reading Group has become the second largest frozen stock in Hong Kong’s IPO history, far exceeding Zhongan Online.

  Backed by the “myth” of the Hong Kong stock market of Tencent Group, even under the weak profitability of the replacement, the reading group still dazzled in the capital market, the opening price reached 90 feet on the first day of listing, the highest point rushed to 110 feet per share, the highest increaseReached 100%.

The daily report closed at 90 reconstructions / shares, an increase of 86.

18%.

  Backed by peace, Ali and Tencent’s Zhongan Online are also highly sought after.

Under the aura of Hong Kong’s first fintech, ZhongAn also over-purchased 391 when it was issued online.

74 times.

Although it is not as good as the subscription multiple of 622 times of the Reading Group, it can also rank among the top ten over-purchased companies in the history of Hong Kong stocks.

  On the day of listing on September 28, 2017, ZhongAn Online opened up 15%.58% reported 69 reconstructions, with a total market value of 99.4 billion reconstructions.

The highest point on the first day of listing reached 70 burns / share and closed at 65 afterwards.

2 refreshes / shares, divided into 54.

The price of 65 reductions / shares is too high.

ZhongAn Online continued to rise to 97.

8 burns / share, a 79% increase over the issue price.

  In terms of estimation and price-earnings ratio, the Hong Kong stock market highly trusts these unicorns.

  The data shows that the P / E ratio of Reading Group was as high as 1150 times when it went public, and the price-earnings ratio of Zhongan Online was as high as 7000 times.

In addition, WuXi Bio’s price-earnings ratio is as high as 350 times.

Even Razer, Ping An Good Doctor, etc., which are not yet profitable, have reached -46 times and -74 times.

  A Hong Kong investment banker believes that the persistence of the Alibaba Department of the Hong Kong stock market for Tencent has caused some unicorns to lead too high estimates.

“The Hong Kong stock market believes in Tencent, Ali and other stocks.

This is why there is no major issue for distribution as long as it is backed by a Tencent-based company.

“In his opinion, these unicorns are all on the high side.

  For companies listed on the Hong Kong stock market, their new share issuance will be divided into two parts, placing and public offering.

Placing is a new way for funds, high net worth investors or other financial institutions to participate, while retail investors and other investors participate in public offerings.

As the Hong Kong stocks implement a fair distribution mechanism of “more subscriptions, more allocations”, the success rate of new shares in Hong Kong stocks will be higher.

  In terms of prices, the issue price of Hong Kong stocks is determined by the market.

Specifically, the pricing of Hong Kong stock issuance is determined by the investment bank, and the number of subscribers determines whether the price will be broken.

Generally speaking, the subscription multiple is expected to reduce the probability of a break in the short term.

This is also the beginning of the IPO price of Hong Kong stocks being the most different from that of A shares. To a certain extent, it also caused a certain bubble when the IPO was listed.

These bubbles will eventually be squeezed out and presented as bursts of hair.

  Continuing new low data shows that of the 246 stocks listed on the Hong Kong stock market since January 2017, the market closed on June 5 for a total of 123 stocks, which accounted for 52% of the decline in opening prices.

  Most of the unicorns in the performance list of Hong Kong stocks that have been broken since their listing have performed poorly after listing.

  Ping An Good Doctor, which broke out on the second trading day after listing, is a subsidiary of Ping An Group and was established in November 2014.

Ping An Good Doctor includes four major business sectors: family doctor services, consumer medicine, health mall, health management and interactive sectors.

  Although the business model is new, Ping An Good Doctor is still in the early stage of cultivation at this stage.

Among the customers of Ping An Good Doctor, the top five are Ping An Life Insurance, Ping An Property & Casualty Insurance, Ping An Bank, Ping An Health Insurance, and Ping An Hewlett-Packard Investment Consulting Co., Ltd. These companies replace Ping An ‘s industrial company, in other words, alsoRelated parties.

In addition, the products and services subscribed by Ping An and its close associates in 2016 and 2017 accounted for nearly 50% of Ping An Good Doctor’s current revenue.

The services of Ping An Good Doctor are mainly other businesses affiliated to Ping An Group.

  In terms of performance, Ping An Good Doctor is also in the intervention stage.

From 2015 to 2017, the income of Ping An Good Doctor was 2 respectively.

7.9 billion, 6.

02 trillion and 18.

6.8 billion yuan, a strong growth rate.

At the same time, the company’s net profit has continued, reaching three in three years.

2.4 billion, 7.

5.8 billion and 10.

2.0 billion, the annual budget is continuously expanding.

  In addition to Ping An Good Doctor, ZhongAn’s online performance also fell short of expectations.After the completion of the listing, the company’s 2017 annual report performance changed greatly, and the expected breakthrough is as high as 10.

4.5 billion.

Although the company explained that the expected initial is an accrued unearned liability reserve, its proportion to net premium income increased from 4 in 2016.

2% growth to 19 in 2017.

1%.

But in fact this does not contradict everything.

  Similar to Ping An Good Doctor, the weakness of ZhongAn Online is that it relies on third parties and lacks initiative.

Data show that Zhongan Online’s sales scenarios are mainly provided by third-party platforms such as Taobao.

For example, Taobao’s return insurance when buying, auto insurance when selling auto insurance, etc.

The above reasons have led to market doubts about the sustainability of Zhongan Online’s future performance.

  In addition, Razer, which is famous for selling mice, is also deeply trapped and has not yet found a profit model.

From 2015 to 2017, the company’s revenue reached 20.

7.6 billion, 27.

2 trillion and 33.

8.4 billion, with a net profit of 1.

3.2 billion, 4.

1.2 billion and 10.

7.2 billion, expected to continue to expand.

  Zhang Kaixing, founder and CEO of Golden Axe, said that there are many companies in Hong Kong stocks that are estimated to be falsely high in terms of fundamentals, so it is normal for them to go down after listing.

  From the perspective of the investment bankers in Hong Kong, the overestimation of a company at the initial stage of listing actually reflects the market’s expectations for the company’s future, but if it is overestimated, investors will be educated by the market if there is no performance support.
“The market is a touchstone, and unicorns are not just words, they have to be tested.

“Some companies that can withstand high estimates will skyrocket after listing and continue to be sought after by the capital market.

For other “pseudo unicorns”, their listing will only accelerate their fall.

  Since last week, ZhongAn Online, Yixin Group, Ping An Good Doctor, and Razer have all achieved new low convergence since listing. What is the future of the unicorn now?

Time will post the answer.

China Merchants Shekou (001979): ROE continues to improve the layout of first- and second-tier cities and the core targets of the Greater Bay Area

China Merchants Shekou (001979): ROE continues to improve the layout of first- and second-tier cities and the core targets of the Greater Bay Area

Investment highlights: The company achieved operating income of 882 in 2018.

8 billion, a previous increase of 16.

3%, net profit attributable to mother 152.

4 billion, a previous increase of 20.

4%, in line with expectations.

Attributable net profit margin 17.

3% (+0.

6pct), expected ROE22.

2% (+2.

1pct).

The company acquired 78% equity of China Merchants Zhangzhou Development Zone Company under the same control, resulting in adjustment of comparable data conversion in 2017.

The company’s non-recurring profit and loss in 2018 was 6.

400 million, down 19 points previously, mainly replaced by disposal of non-current assets7.

300 million contributions.

In terms of revenue structure, while stabilizing the advantages of the Shenzhen region, the company is striving for a balanced national distribution. Shenzhen and South China account for 22%, 12%, 31% in East China, 20% in Central China, and 14% in North China.

In terms of profit structure, the company realized investment income through the overall transfer of asset income65.

500 million, we think this is sustainable operating income. By dating mature partners, it can effectively help the company to accelerate the development of soil storage and increase the value of properties.

The company’s ROE improvement breakthrough was mainly due to the company’s increased leverage and continued improvement in profit levels.

Asset and debt restructuring of the company in 201874.

3%, an increase of 2 per year.

2 pct; gross margin is 39.

5%, increase by 1 every year.

7 pct, the highest in Shenzhen area is 52.

6%, followed by South China 29.

9%, the last in North China is 13.

8%.

In terms of turnover rate, since the growth rate of revenue is lower than the growth rate of total assets, there is still room for improvement. It is optimistic that the company’s ROE will remain high and continue to optimize the structure.

At the same time, the company received 604 in advance in 2018.

600 million (+ 10%), which is 68% of operating income, which is lower than the level of the same industry. This is the company’s characteristics as a resource-based housing enterprise, and it also has room to improve-accelerating the activation of live soil storage and enhancing operating efficiency.

佛山桑拿网 The company achieved a total of US $ 170.6 billion in this goal, with a 51% annual growth rate and 8.27 million miles of sales area, an increase of 45% in ten years.

The company has 214 projects for sale in nearly 60 urban areas.

In 2019, the company added 80 new projects and added 1357 Universal land storage construction surface (1 of the sales area.

64 times), with a total amount of 91.9 billion yuan (accounting for 54% of the sales amount according to Shenwan statistics), an equity ratio of 61%, and an average floor price of 6,770 yuan / square meter.

In 2019, the company entered the peak of completion and settlement, and the new construction has remained flat for many years. It is expected that the growth rate will be 17%.

In 2019, the company plans to start a new construction of 1100 Universal (many of which are basically the same), with a completed area of 1,000 Universal (+ 100%) and a contracted amount of 200 billion (+ 17%).

The company’s settlement area within the scope of consolidation in 2018 was 4.19 million.

At the end of 2018, the company had a land reserve of 53 million countries, with the Yangtze River Delta accounting for 29% and the Guangdong-Hong Kong-Macao Greater Bay Area 28%.

Among them, Shenzhen, Chongqing, Nanjing, Wuhan, Guangzhou, Kunming, and Suzhou have large-scale land reserves with settlement areas of more than 1.5 million. Financing costs remain low, and the dividend ratio is stable at more than 40%.

The company’s comprehensive financing costs in 20184.

85%, increasing by 5bp each year, significantly surpassing the industry level.

The dividend in 2018 was US $ 61 million, which is 40% of the net profit attributable to the mother, and the corresponding points 3 were calculated based on the closing price on March 18.

47%.

Maintain Overweight rating and lower earnings forecast.

The company’s ROE has steadily improved, with first- and second-tier cities as the main layout area. At the same time, soil reserves in the Greater Bay Area account for a relatively high proportion. Against the background of national sales decline, we are optimistic about the structural growth opportunities of first- and second-tier cities and the Greater Bay Area in 2019.

Therefore give an overweight rating.

It is estimated that the company’s net profit attributable to mothers in 2019-21 will be $ 188/225/26 billion, and the growth rate in the ten years will be 24% / 20% / 15%.

(Originally, the net profit attributable to mothers was estimated to be 20/25 billion in 2019-20, with a growth rate of 26% / 26% in decades)

Sanhua Intelligent Control (002050): Gaining GM orders and gaining profit from the auto zero business gradually increased

Sanhua Intelligent Control (002050): Gaining GM orders and gaining profit from the auto zero business gradually increased

Event: The company announced that its subsidiary Sanhua Qilu became a supplier of GM electronic water pumps.

The core point of view is to obtain international vehicle orders again to ensure future profitable growth.

The company announced recently that Sanhuaqi Zero, a subsidiary of GM, has received an order from General Motors. Sanhuaqi Zero has been identified as a supplier of GM’s electronic water pumps. The order will be used on both traditional cars and new energy vehicles.

The related models of the supporting GM are expected to be launched in batches in 2022, and it is expected to be close to 1 billion yuan by 2027.

The company’s auto products were again awarded orders by international vehicle giants, which fully explained the market competition for product breakthroughs and provided protection for future profitable growth.

The company further expands the global automotive market, and high-quality customers promote the rapid development of the auto zero business.

The company actively expands the global automotive market and develops international customers of complete vehicles and parts. At present, the company has become a supplier to Valeo, Mahler, Volkswagen, Mercedes-Benz, BMW, Volvo, GM and other international leading companies.

At the same time, the company is accelerating its 北京桑拿洗浴保健 internationalization. FAW Mexico ‘s plant, FAW, has been put into production, and the Polish plant has begun customer certification. The transformation of overseas plants is progressing steadily. It is expected that the company will receive more international customer orders in the future.

The high-quality downstream customer structure will promote the rapid development of the company’s auto zero business and further contribute to the company’s revenue and profit.

With the gradual improvement of the bottom of the automotive industry demand, it is expected that the proportion of the company’s auto zero profit will gradually increase.

In the second quarter, the gross profit margin of the company ‘s auto zero business improved markedly, and the industry as a whole stabilised and recovered. At the same time, the company developed more domestic and foreign vehicle and component companies’ orders. It is expected that the proportion of profit will further increase.

Financial forecast and investment advice forecast EPS0 for 2019-2021.

56, 0.

65, 0.

72 yuan. The comparable company is an automotive thermal management component and home appliance related company. The 19 year average PE valuation of the comparable company is 25 times, and the target price is 14 yuan. Maintain the buy rating.

Risks suggest that the thermal management package for new energy vehicles, the amount of household appliance cooling packages exceed expectations, and the business of micro-channel and Yaweike is lower than expected, affecting profit growth; the original growth exceeds expectations and risks of exchange rate changes.

[20 practical methods of fish]_ making method _ how to fry

[20 practical methods of fish]_ making method _ how to fry

Fish is a kind of mountain-viewing product. Many fish are edible and taste very good.

People are very particular about eating fish. A delicious fish needs to be processed in a very complicated way and made in a process.

People may only know about one or two of the 20 practical ways to eat fish. The following introduces several fish practices. Everyone masters the practice of making fish to make delicious fish, one.

Boiled fish ingredients: carp, peppercorn noodles, peppercorns, pepper noodles, peppers (cut into about 2 cm pieces), sugar, salt, monosodium glutamate, bean sprouts, salad oil (preferably without peanut oil), cooking wine knife (quick knife), pot(Iron pot), basin (deep basin) practices: 1.

Buy carp and cut into fillets.

2.

Starch the fish fillets (salt, monosodium glutamate, shallot, ginger, wine, pepper, or if you like, you can put allspice or any other flavor you like)

Bring some water to a boil, add fish fillets and bake them (80% is enough), and remove immediately.

Fill the pot, not water.

4.

Heat a lot (a lot) of oil and add some dried red peppers and peppercorns (depending on personal taste). When the color of the peppers in the oil pan becomes slightly black, pour the oil on the fish fillets.

5,

Boiled fish eaten in restaurants often have a lot of soy sprouts under the fillets.

The fish fillet is just one layer above the bean sprouts.

If you eat at home, you can avoid bean sprouts.

6.

When the oil is just poured, because the oil temperature is high, be careful not to let the oil splash out and burn yourself, so the appliance for boiling fish must be larger.

two.

Saliva fish raw materials: a catfish, two tablespoons of starch, about two and a half deep-fried peanut kernels, two tablespoons of cooked white sesame, a small piece of ginger, one garlic, five chives, two spoons of tempeh, three cooking wineSpoon, two tablespoons of soy sauce, one tablespoon of vinegar, one spoon of white sugar, one or two tablespoons of red pepper, two tablespoons of pepper oil, salt, MSG amount, one tablespoon of sesame oil.

Practice: 1.

Wash the fish into slices, mix with salt and cooking wine and stir for a few minutes, then add water starch and stir to taste. Fried peanut kernels are chopped into pieces, chopped tempeh, onions, garlic, and ginger.

2.

Put oil in the pan and simmer until it is 60% hot. Pour in tempeh, ginger, and minced garlic and stir-fry.

3.

Add salt, monosodium glutamate, white sugar, soy sauce, vinegar, stir-fried ginger garlic and bean paste, red oil chili, pepper oil, sesame oil, fried peanut kernels into a large bowl and stir well.

4.

Put oil on a hot pot and simmer to 40% heat, add fish fillets and stir-fry.

5,

Remove the drained oil and pour into a bowl.

6.

Just drizzle the baby shape, sprinkle with cooked sesame seeds, and chopped green onions.

7.

Mix well.

three.

Sweet and sour fish raw materials: fish, cooking wine, salt, monosodium glutamate, pepper, oil, tomato sauce, white vinegar, sugar, starch

The cut fish is seasoned with cooking wine and household seasonings (salt, monosodium glutamate, peppercorn), and then rinsed with water to keep the fish’s original flavor.

2. Drain the water and fry it in the oil pan until it is crispy.

3.
The amount of oil is relatively large, otherwise the fish will easily fall apart.

4.
Then use tomato sauce and white vinegar, sugar with a small amount of salt, thicken the juice, and pour on the fried fish.

four.

Raw yellow croaker raw materials: yellow croaker, shallot, ginger, salt, raw soy sauce, cooking wine, vinegar

The yellow croaker is handled cleanly, with a flower knife, and evenly sprinkled with a small amount of salt for half an hour.

2.

Scallion smashed and sliced, ginger slices.

3.

Heat the oil pan, add the pickled yellow croaker, fry on both sides until golden, add the ginger slices and green onions, pour raw soy sauce, cooking wine and vinegar and a small glass of water.

4.

Slowly simmer on low heat until the water is almost dry. Put the pan on a pan and sprinkle with chives and red peppers for decoration.

[Difference between three-line pork and pork belly]

[Difference between three-line pork and pork belly]

Pork has always been a dish that Chinese people cannot do without in their daily diet. Just like the rice we eat, we don’t get tired of eating it.

Pork is divided into lean meat, fatty meat, pork belly, pork ribs, etc. Most people choose to use pork belly to cook it all right, because pork belly is basically suitable for all ages, not fat.

However, some regions or some people also pay attention to a kind of “three-line meat” of pork. What is the difference between three-line meat and pork belly? Let’s take a look with the editors below: pork belly, three-line meat introduction: pork belly is actually third-line meat, alsoIt’s called three-stuffed meat, three-layered meat, plum meat, square meat, and three-layered pork.

Pork belly is the meat that connects the belly and ribs of the pig, that is, the meat on the pork ribs. Therefore, it is also called rib meat. It is actually three-line meat, also called three-stuffed meat, three-layered meat, plum meat, square meat, pork belly.Three floors.
Pork belly is the meat that connects the belly of the pig with the ribs, that is, the meat on the pork ribs, so it is also called rib meat.

Because pigs have a lot of fecal tissue in the abdomen, which is also entrained with muscle tissue, it is called “pork belly”.

Pork belly is the tenderest and the most juicy, with the perfect proportion of the layers of the front part of the belly near the front legs. The aunt is intertwined with lean meat and has a pink color.

Specifically, the three-line meat is the kind of fat meat and the lean meat at the bottom. There are three long lean meat lines separated by the fatty meat line. The lean meat line and the lean meat line are three obvious lines. Therefore, it is commonly known as”Three-line meat”.

Because the structure of pork belly is separated by a layer of lean meat and a layer of fatty meat, and its fat is easy to be exposed to heat, and lean meat has not been cooked for a long time, so it is no better than making braised pork or pork.

The legendary gourmet pork belly is 10 layers.

Select a good pork belly, you can touch it with your hands, it feels slightly touched, no blood on the meat, fat, lean red and white, and bright color.

The best pork belly is close to the tip of the pig’s buttocks. The pork belly here has three distinct layers, the fat and lean meat are the same thickness, and the whole pork belly is about one inch thick.

The pork belly must be soaked in cooking wine and then rinsed with water to remove the dirt on the surface.

[What are the benefits of drinking black tea in winter?

]_Winter_moral

[What are the benefits of drinking black tea in winter?

]_Winter_moral

Black tea is a mild tea, especially suitable for day and night in winter, and it contains a lot of nutrients needed by the human body. Drinking black tea often can prevent many diseases and also has a health-care effect. It is very good for human health.The manganese element contained in black tea is a relatively important thing in human bones. If connected in series, it is very good for bones. The following describes the benefits of drinking black tea in winter.

Benefits of drinking black tea in winter1. Preventing the flu from flooding and keeping warm. Some substances contained in black tea can effectively kill the flu virus. Common black tea mouthwash or direct cure has the effect of preventing flu.

Researchers immersed the black tea solution 4 times thinner than the usual black tea solution in the virus-infected area for only a few seconds, and found that the virus would lose its infection power. Black tea is rich in protein, heats and warms the abdomen, and enhances the body’s cold resistance.

2. To reduce harmful cholesterol, the proportion of people who drink 5 cups of black tea per day is lower than that of those who drink colored beverages that look like tea.
11%).

LDL is called bad cholesterol and it increases the risk of heart disease.

3. Preventing osteoporosis. Black tea contains very rich potassium elements. After brewing, 70% of potassium can degrade the tea water.

Studies have shown that potassium not only enhances blood circulation in the heart, but also prevents or reduces calcium consumption in the body.

In addition, the manganese contained in black tea is also one of the inestimable elements of bone structure.

The efficacy and role of black tea: 1. The refreshing and fatigue-relieving experiment found that the caffeine in black tea excites the nerve center by stimulating the cerebral cortex, which promotes refreshing and concentrated thinking. The boots make the thinking response more sharp and the memory stronger;The vascular system and the heart have an exciting effect, strengthen the heartbeat, thereby speeding up blood circulation for metabolism, and at the same time promoting sweating and diuresis, so that the two-pronged speed up the excretion of lactic acid (substance that makes muscles feel tired) and other old waste materials in the body to eliminate fatigueEffect.

2. The diuretic effect of caffeine and aromatic substances in black tea increases the blood flow of the kidneys, improves the glomerular filtration rate, dilates the renal microvasculature, and inhibits the reabsorption of water by the renal tubules, thus promoting an increase in urine production.

This helps to eliminate lactic acid, uric acid (related to gout), excessive salt (related to high blood pressure), harmful substances, etc., and to relieve edema caused by heart disease or nephritis.

3. Anti-inflammatory and bactericidal black tea contains a lot of polyphenol compounds. These compounds have a good anti-inflammatory effect. It was found through experiments that catechins can bind to single-cell bacteria to coagulate and precipitate proteins, thereby inhibiting and eliminating pathogenic bacteria.

Therefore, drinking black tea is quite beneficial for patients with bacterial ulcers and food poisoning. There are also common strong tea-coated wounds, wound sores and Hong Kong feet in the folk.

4. Detoxification According to experiments, the tea polyalkali in black tea can adsorb heavy metals and alkaloids, and precipitate and decompose. This is a good news for modern people whose drinking water and food are contaminated by industry.

5. Polyphenols in strong bone black tea (also found in green tea) can inhibit the activity of destroying bone cell material.

In order to prevent common osteoporosis in women, it is recommended to take a small cup of black tea a day, the effect is obvious for several years.

For example, adding lemon to black tea strengthens bones and has a stronger effect. Various fruits can also be added to black tea to play a synergistic effect.

[Eat hot pot to gain weight?

】 _Fat_Fat

[Eat hot pot to gain weight?
】 _Fat_Fat

At this time to winter, people prefer to eat hot pot, because the change of hot pot is very high. After eating, it can fight the cold weather outside, and in the hot pot, you can also add some warming ingredients, including some Chinese herbs.Wait.

In this way, the flavor of the hot pot is almost very rich, and the nutrition will be higher, but the gout patients should pay attention to eating the hot pot.

So the question is, will it make the body fatter after eating hot pot?

First of all, you need to tell your friends that eating hotpots will make you fat, so do n’t overeat.

So why?

Let me give you a simple analysis.

Just eat a hot pot, and the calories in meat and vegetables can reach 1000 calories, plus thick soup base, aunt ball, etc., it is also possible to absorb 2000 calories.

If you particularly want to eat hot pot, you should also reduce the number of times you eat hot pot, or try to eat foods with gradually increasing calories.

Have read it in a book before saying that an adult woman exceeds 1800 a day?
1900 calories are enough, compared to 1980 for men?
2340 calories is appropriate. If you overdo it, getting fat is easy.

So when is it most likely to cause weight gain?

The first thing to say is pork belly.

There are 59g aunts in 100g of pork belly, and the proportion can be said to be quite high. If you add the fat in the hot pot soup, it will unfortunately have more content.

Therefore, try to avoid pork belly or eat less when eating hot pot.

At this time, you can choose to eat some tenderloin, and if possible, you can also remove the aunt attached to the meat.

The second fat-prone food is chicken with chicken skin.

Chicken skin is the favorite of many buddies, but it contains a lot of aunts. If you want to eat chicken, it is best to choose chicken without chicken skin, rest assured that you do n’t have to worry about getting fat.

Foods that are easy to gain weight include fried tofu, hemp sauce and other foods, so friends must pay attention to these when eating hot pot. Don’t be greedy for a while, it will not be good to spend a lot of time to lose weight later.

Winter is a good time to eat hot pot. It doesn’t matter if you like to eat hot pot. Control the amount and reduce the number of times appropriately.