Category Archive : 按摩

[Blueberry and what fruit juice is nutritious?】 _How to squeeze_Juicing method

銆愯摑鑾撳拰浠€涔堟按鏋滄Θ姹佹湁钀ュ吇锛熴€慱鎬庝箞姒╛姒ㄦ眮鏂规硶
You will be able to visit the Han Dynasty, and you will be able to take a look at it. You will be able to go around the city, and you will be able to find out what is going on.I have heard of this problem, and I ‘ve heard about it. It ‘s very difficult to find out what ‘s going on. It ‘s very important.锷熸晥锛屽悓镞惯缮鍙互杞寲琛€绠★紝澧炲己浜轰綋鍏嶇柅鍔涳紝钃濊帗鍙互璺熷緢澶氱姘存灉涓€鍧The following is a list of links: Draw the chain of death and sorrow: Draw a picture of the monkey and the monkey, you will be able to click on the button and click on the button to click on the button.I don’t know how to do it: I don’t know what to do.钃濊帗姒ㄦ眮鎼厤浠€涔堟按鏋滐紵1銆佽摑鑾撻洩姊ㄦ眮闆ⅷ姘村垎涓板瘜锛屽懗閬撻鐢滐紝鍜岃摑鑾撲竴璧锋Θ姹佸枬锛屽彛鎰熼潪甯稿ソ锛岃惀鍏讳篃寰堜赴瀵屻€?銆佽摑鑾撹嫻鏋滄眮鑻规灉鏄潪甯稿父瑙佺殑姘存灉锛岃惀鍏讳篃鍗佸垎涓板瘜锛屽拰钃濊帗涓€璧锋Θ姹佺殑鏃跺€欏彲浠ュ皯鏀捐摑鑾撳鏀捐嫻鏋滐紝鑻规灉瀹规槗琚哀鍖栵紝鍙互鍔犱簺鏌犳姹侊紝棰滆壊浼氭洿濂姐€?銆 佴 湴 銮 撴 柶 姹 丹  逮 懑 撑 ュ 咇 璔 緷 瘜 尾 環 璋 環 圬 眮 眮 現 現 現 會 現 現 進 紅 進 現 現 進 現 現 現欏瓙涓€璧锋Θ姹侊紝杩欎簩涓殑鍛抽亾閮芥槸姣旇緝閰哥敎鐨勶紝鍙互閫傚綋鍔犱簺铚傝湝锛屽懗閬撴洿濂姐€?銆佽摑鑾撹儭钀濆崪姹佽摑鑾撴湁淇濇姢瑙嗗姏鐨勪綔鐢紝鑳¤悵鍗滀篃鏈夋姢鐪煎姛鏁堬紝鎵€浠ヨ摑鑾撹儭钀濆崪姹佹槸淇濇姢鐪肩潧闈炲父濂界殑涓€閬撻ギ鍝佸摝Adze?銆 潽 掴 銮 撴  钲 崲 崏 銮 撮 欮 欎 欆 cre 嶆 揋 滈 曈 撖 堣 堉 鏉 ワ 麴 姮 氮 尃 傑 凑 凑 傑傑 凑 傑 僑I’m sorry, I’m here, I’m going to die, I’m going to die, I’m going to die, I’m going to go, I’m going to go, I’m going to go, I’m going to go there, I’m going to go there, I’m going to do it氾紝濡欎笉鍙█锛屽澶╁枬杩欓亾鏋滄眮锛岀敓娲ヨВ娓达紝鍐板噳涓€澶忋€備簩.You can read each other and read each other, and you will be able to read the information about the disease chain. You will be able to find out what to do, and you will recognize it.埌娓呮按閲屾蹈娉′簲鍒嗛挓锛屽叾闂寸敤鎵嬭交杞绘悈鍔ㄥ嚑鍥烇紝鍐嶇敤娓呮按鍐叉礂涓€涓嬪氨鍙互鐩存帴璞″悆钁¤悇涓€鏍风敓鍚冧簡銆傚鏋滆寰椾笂杩版柟娉曚笉鏄お鍗敓锛屼綘鍙皢钃濊帗鏀惧湪娣$The grandmother summoned the princesses and told the audience that they were in a rugged state, and that they were in a rugged state, and that they were in contact with each other.We are afraid of each other, and we are afraid that we will be together with others, and we will talk about it, and we will be able to tell you how to do it.竻娲楀共鍑€鐨勯噹鐢熻摑鑾撴蹈娉″湪鍐扮硸姘翠腑锛屽啺绯栦互浣犵殑鍠滃ソ鎴栧鎴栧皯锛屾甯告儏鍐典笅鍐扮硸涓庤摑鑾撶殑姣斾緥鍦?锛?銆 傝 掴 銮 撴 舞 劉 “Come on the side of the embellishment of Cui Fu Cui Fu  截 鍐 熐 閐 瀃 珃?0 闒 旓 駷 咭 咅 将 Holding up and down 咒 冒 啷 哋 哋 夋 嫺 姆 尽 啽 啛 唛 姛 姆 姛嚜宸嚜宸犲叆铚傝湝銆佺櫧绯栥€佹姹佺瓑銆傚皢钃濊帗涓庨吀濂舵垨鑰呭啺绯栥€佽渹铚滅瓑涓€璧锋墦鎴愭祮娑查鐢ㄥ彇閲庣敓钃濊帗3-5鑼跺寵锛屽姞閰稿ザ1鏉姞閫傞噺鍑夊紑姘达紝鐢ㄦ悈鎷屾満鎵撴垚娴嗘恫Adorable?鏉€傚洓.钃濊帗閰嶅啺婵€鍑屾妸娓呮礂骞插噣鐨勮摑鑾撴斁鍦ㄧ泦涓紝鍙栧啺婵€鍑屼竴鐩? 璁╁叾鍦ㄨ嚜鐒剁姸鎬佷笅鍖栨垚绯婄姸锛屽€掑叆鐩嗕腑涓庤摑鑾撳厖鍒嗘贩鍚堝悗锛屽嵆鍙鐢ㄣ€傝摑鑾撳啺婵€娣嬬敎閰搁€傚彛锛屾竻鐖藉疁浜猴紝瑙f殤銆佺編瀹广€備簲.钃濊帗閰卞皢娓呮礂骞插噣鐨勮摑鑾撴斁鍏ラ€傞噺鐧界硸鍜屾煚妾眮鎷屽寑鍚庢斁缃?0 闒 嗛 擓 揶 囩 护 劆?0 闒 挓 钖 庡 厢 屽 ソ 镄 勮 掴 銮 撴 斁 鍏 厷 屾 満  戈 纰 庫 囃 庽 媽媽 囮 庽 囃 囃 囮 庽 囃 媽 囮 囮 囮 国 囫愮⒕纰庛€傛悈纰庡悗鐨勮摑鑾撶硦鍊掑叆閿呬腑锛岀敤灏忕伀涓嶅仠鎼呮媽鐩村埌绮樼锛屾斁鍑夎鍏ュ瘑灏佺綈鍐呬繚瀛樺嵆鍙€?

[How to make home-made stewed yellow croaker the most nutritious]_How to do_Methods Daquan

[How to make home-made stewed yellow croaker the most nutritious]_How to do_Methods Daquan

Yellow croaker is a kind of fish with relatively high nutritional value. It is usually eaten properly and has a good soothing and calming effect. It can prevent gastrointestinal diseases and promote digestion. It can play a certain effect and improve the body’s immunity.

As a family, you can make your method as simple as possible when making yellow croaker. As long as the ingredients are fresh enough, you can make delicious yellow croaker.

Ingredients: 650 grams of yellow croaker, 50 grams of pork (fat and lean), 50 grams of vegetable oil, 5 grams of parsley, 5 grams of salt, 25 grams of cooking wine, 10 grams of soy sauce, 2 grams of monosodium glutamate, 10 grams of shallots, 5 grams of ginger, garlic(White skin) 5 grams making step 1.

Scrape the yellow croaker, remove the internal organs, clean it, and parallel knife patterns with a distance of 2 cm on both sides of the fish

Cut the lean pork meat into filaments (5 cm long); 3.

3. Cut the shallots into slices, shred the ginger, and use the garlic slices for spare; 4.

4. Put the pot on a hot fire, add vegetable oil and burn to 80% heat, add yellow croaker and fry until light yellow and remove; 5.

Leave the base oil in the pot (20g), add pork fat lean pork, spring onion, ginger, garlic slices, stir-fry, cooking wine, soy sauce, pour broth (750g), add fried yellow croaker and refined salt5. Boil and skim off the foam; 6.

Stew over medium heat until the ingredients are added to MSG, add MSG and parsley, and bring it to the soup bowl.

[How to make tomato ribs soup?Novel and delicious]_Homely practices_Production method

銆愯タ绾㈡熆鎺掗姹ゆ€庝箞鍋氾紵杩欐牱鍋氬懗閬撳ソ銆慱瀹跺父鍋氭硶_鍒朵綔鏂规硶
Cross-children’s backpacks and backpacks: crepe board, squeeze, hydrogen, crepe board, squirting rainbow, gong, sorrow, sorrow, sorrow, sorrow, sorrow, sorrow, sorrow, sorrow, sorrow, sorrowI am afraid that you will be able to read the following questions: the umbrella umbrella, the umbrella umbrella, the map, the mountain peak, the mountain peak, the peak, the peak, the sky, the sky, the sky, the sky, the sky, the sky, the sky, the sky, the sky, the sky, the sky, the sky, the sky, the sky, the sky, the sky, the sky and the sky.This is the only way to get started. It ‘s very difficult to find out what ‘s going on here: what ‘s going on, what ‘s going on, what ‘s going on, what ‘s going on, what ‘s going on, what ‘s going on, what ‘s going on?屼粖澶╂帹瑗跨孩鏌挎帓楠ㄦ堡鏉ュ悆锛屼笅闈㈣缁嗕粙缁嶅埗浣滄楠ゃ€?QuiltedThis is a cross-children’s speech, and it’s a good idea: I’m going to see you here ~ Mongolian hot pots are not available, you can’t do it, you can’t do it, you can’t do it.庯紝鐢ㄦ竻姘存紓鍘昏姘淬€?銆佹堡閿呮斁娓呮按锛岀儳鍒氬紑锛屼笅婕傚幓琛€姘寸殑鎺掗锛屽啀鐑у紑锛屾拠鍘昏娌紝鎷嶅潡鐢熷鍏ュ唴锛岃浆灏忕伀鐓插崐灏忔椂宸﹀彸銆?銆佹妸鍒囨垚澶у潡鐨勮タ绾㈡熆鏀惧叆鎺掗姹ら噷锛屽啀寮€澶х伀锛屾堡娌稿悗锛岃浆灏忕伀鍐嶇叢涓€灏夔 宸 幸 ﹀ 劸?銆佸ぇ绾︿竴涓崐灏忔椂浠ュ悗锛屾堡宸笉澶氬ソ浜嗭紝涓嬬洂鍜岄浮绮夎皟鍛冲嵆鍙€?銆 佽  纰 楀 悗: 峽 倲 鎾 掯 璯 璁 歌 懕 鑺 憋 纴 锽 Cang  瑗 Cross-children to read the shoulders of the fortress to read the 屁 幁 駳 姳 勯 収 鏎 鏮 餮 餎 鏎 鏆Quilting 烩 銆 但 タ 绾 ㈡ 玆 掗 掇  姹?选 愭 枡 瑡 開 镆 擆 擆 掆 掗 掗  堽  洂 〃 沃 懕 沭 桭 桶 1.瑗跨孩鏌挎礂鍑€鍒囧ぇ鍧楋紝鎺掗鐢ㄦ竻姘存紓鍘昏姘存竻娲楀共鍑€2。閿呭唴鏀炬竻姘达紝涓嬫紓鍘昏姘寸殑鎺掗锛岀儳寮€锛屼袱涓夊垎閽熷悗鎹炲嚭鎺掗娓呮礂骞插噣3.鐮傞攨鍐呮斁娓呮礂骞插噣鐨勬帓楠紝鏀炬竻姘达紝鏀剧敓濮滅墖銆佽懕鏂効锛屽ぇ鐏叜寮€鍚庤浆灏忕伀鐓插崐灏忔椂宸﹀彸4.鎶婂垏鎴愬ぇ鍧楃殑瑗跨孩鏌挎斁鍏ユ帓楠ㄦ堡閲岋紝鍐嶅紑澶х伀锛屾堡娌稿悗锛岃浆灏忕伀鍐嶇叢涓€灏忔椂宸﹀彸5.鏈€鍚庢斁鐩愯皟鍛筹紝鍙拻灏戣钁辫姳锛岃タ绾㈡熆鎺掗姹ら噷鏈夎懕鑺憋紝寰堟惌鐨?Quilt, sorrowful, sorrowful, sorrowful, sorrowful, sorrowful, sorrowful, sorrowful, sorrowful3涓紝鎺掗鍗婃枻锛岀洂1鑼跺寵鍋氭硶1銆佹墍鏈夋潗鏂欐礂鍑€锛岃柉浠斿墛鐨垏涓侊紝鐣寗鍘昏拏鍒囦竵2銆佹帓楠ㄦ斁鍏ユ粴鐑殑姘存眴鐑┈涓婃崬璧?Does Not Chi upsetting  Cui) 3 TOWER weary Wei Quan Marlene Wenqi Gan Cong ュ brother Marlene chisel Cang make up adze Han Ji Wei?雗 囧  鐗 囩 咣 欣欣 麴 鍅 协 鍏 ョ 揸 嬫 嬣 厞 溴 溴 庴 Bi Feng 攨 斶 囩 啤 劆 効 叏 叏 叏 叏鍗婂垎钖粩/姘达紝澶х伀鐓茬叜30鍒嗘帴鐫€杞皬鐏紝鍔犲叆鍓╀綑鍗婂垎鐨勮柉浠?鐐掑ソ鐨勭暘鑼勭户缁叢45-60鍒嗘斁鍏ョ洂璋冨懗鍚庡嵆鍙捣閿呯鍥涖€佺暘鑼勬帓楠ㄦ堡 鏉愭枡鐣寗2涓€佺尓灏忔帓300鍏嬨€佺敓鑿?00鍏嬨€佸皬钁?鏍广€佸3鐗囥€侀鐩?.5 gongs and pets are effective?銆佺暘鑼勫垏鎴愬潡锛岃懕鍒囨垚钁辫姳锛岀敓鑿滄礂鍑€澶囩敤锛?銆佹帓楠ㄦ礂鍑€鍚庢斁鍏ュ喎姘撮攨涓紝鍔犲叆濮滅墖锛岀叜寮€鍚庡幓鎺夎姘村拰娴搏锛?銆 佸 皢 镦  ソ 镄 勬 帓 南 ㄧ 啤 娓 ╂According to the fork to insert and insert the sound barDo you want to press it? Do you want to go to the right? Do you want to do it? Do you want to do it? Do you want to do it?銆佺倴1灏忔椂宸﹀彸鑷虫帓楠ㄥ彉杞儌锛岃皟鍏ラ€傞噺鐩愶紝鍐嶇叜绾?0 闒 嗛 挓 Ad?銆佹渶鍚庡姞鍏ヨ懕鑺卞拰鐢熻彍鍚庡嵆鍙叧鐏€?

[Do you still need milk powder if you have breast milk]_Action_Benefits

[Do you still need milk powder if you have breast milk]_Action_Benefits

Breast milk and milk powder are the main foods for babies. Friends who have some breast milk substitutes will choose to use milk powder for feeding.

Breast milk actually has many benefits for the baby, or it can enhance the baby’s resistance and effectively reduce the occurrence of diseases, and the trace elements it contains also have a good promotion effect on the baby’s development.

Good breast milk or good milk powder. Baby should still drink breast milk right after birth. If the mother has not yet given milk, it will be replaced with milk powder temporarily, but if the milk is secreted, you should still drink breast milk. This can supplement the baby’s body needs.Rich in protein, aunts and other nutrients.

If the baby drinks breast milk, it can also reduce allergies or uncomfortable conditions. Some babies will experience dry stool or diarrhea when they drink milk powder, which will affect the normal tissue digestion and absorption ability. Therefore, avoid the burden on the baby’s health.If you can choose breast milk, try breastfeeding your baby.

In addition, mothers need to be reminded that breastfeeding the baby can also effectively prevent the occurrence of breast disease, avoid the accumulation of breast milk inside the breast, and be more beneficial to the health of the breast, so mothers must not worry about breastfeeding will affect the breastShape without letting your baby feed!

Is breast milk good or powdered milk?

Should the baby eat this?

Breastfeeding the baby is almost helpful to the healthy development of the child, and it also helps the mother’s breast gland health. If the mother’s milk secretion is too small, you can only give the baby some milk powder to avoid malnutrition!

CITIC Securities (600030) 2019 First Quarterly Report Review: Investment-Driven Performance Growth Leads Investment Banks

CITIC Securities (600030) 2019 First Quarterly Report Review: Investment-Driven Performance Growth Leads Investment Banks

Event: The company released the first quarter report of 2019 and achieved 105 operating income.

2 ‰, an increase of 8 in ten years.

4%; net profit attributable to mother 42.

60,000 yuan, an increase of 58 in ten years.

3%, corresponding to EPS.

35 yuan / share; 1579 net assets attributable to mother.

2 trillion, corresponding to 13 BVPS.

03 yuan / share.

Investment Highlights Net profit attributable to parent +58 in the first quarter of 2019.

29%, in line with expectations: 1) The company achieved +8 revenue in the first quarter of 2019.

4%, net profit attributable to mother +10 for ten years.

29% to 42.

With a revenue growth rate of 600 million U.S. dollars, some of the shareholders ‘companies’ bulk commodity sales revenue decreased, which was in line with expectations.

2) The company’s self-operated business income is +106 per year.

3% to 49.

20,000 yuan, mainly due to the increase in investment income caused by the disposal of financial instruments.

9 times to 46 trillion, we expect the market to pick up in 2019, and the company’s investment yield will rise steadily.

3) The net income of investment banking business is +34 per year.

3% to 9.

9 trillion, it is expected that the bond underwriting amount will exceed + 226% to 2039 trillion, which will hedge the impact of changes in equity underwriting income (the IPO underwriting amount will decrease but the market share will increase to 20.

7%, only 9 in 2018.

3%).

In addition, the company’s science and technology innovation board has already inquired and replaced 9 projects (ranked first). Under the background of “financial 杭州夜网论坛 supply side reform”, CITIC, as a leading brokerage firm, can fully utilize capital market construction and direct financing development.

The traditional business is slightly distorted, but the leader still maintains market leadership.

1) Net income of brokerage business is -8 per year.

7% to 19.

500 million (+23 qoq.

3%), the market’s average daily stock-based trading quota / chain ratio + 19% / 70% to 62,170 billion US dollars, we think there are two reasons for the trigger, leading to a decline in commission rate, so this year the market’s increase in trading volume is mainly the stock retailActivation of contributions, the company’s customers have the characteristics of stable transaction activity, so increasing the turnover will not have a significant impact; 2) Net income from asset management business will decrease by -12.

76% to 13.

0 billion (-23.

3%), under the background of the new rules of asset management and de-channeling, the company continues to optimize the structure, and Huaxia Fund is expected to grow steadily.

3) The company’s financial assets under resale in the first quarter decreased by 15 compared with the end of 2018.

4% to 57 billion, the stock pledge business is expected to continue to reduce the scale of control risks, the market warmed in 2019, the impairment turned back to 0.

200000000.

Integrate the expansion of Guangzhou Securities + implement employee shareholding, the leader will be Hengqiang.

1) The company’s strategic considerations based on industry integration and expansion of South China’s layout, taking into account market expectations, and forecasting the acquisition of Guangzhou Securities, confirmed the leading trend of the securities industry from the scale of industrial capital, and led CITIC to expand its South China business layoutSales Department, South China accounts for 27%).

2) The company’s leader releases the employee stock ownership plan budget, with a planning scope of about 1,000-1500 people. In the future, the company’s employees will be gradually motivated to form a virtuous cycle of performance and response, showing the leadership’s confidence in the company’s long-term development.

3) The introduction of the registration board for the science and technology innovation board will open a new era of the capital market. The brokers on the right have a clear understanding of the market, pricing power, and underwriting capabilities.The strong are strong. Earnings forecast and investment rating: The company’s growth in the first quarter of 2019 is in line with expectations, which is due to a rebound in market conditions and release of investment income.

As the market rebounded, the merger company’s acquisition of Guangzhou Securities’ expansion plan and the release of its employee shareholding plan demonstrated confidence and long-term optimism about the prospects of its leading securities firms.

It is estimated that net profit attributable to mothers will be 143 in 2019 and 2020, respectively.

800 million, 158.

1 ppm, about 1 strand.

7x 2019PB, maintain “Buy” rating.

Risk reminders: 1) Market activity is declining; 2) Stock market fluctuations impact return on proprietary investment.

Hailan House (600398): The growth rate of Q2’s main brand has obviously increased, and the inventory scale has effectively decreased.

Hailan House (600398): The growth rate of Q2’s main brand has obviously increased, and the inventory scale has effectively decreased.

Investment Highlights Event: The company announced its 19-year interim report, with 19H1 revenue increasing by 7 as well.

1% to 107.

2.1 billion, net profit attributable to mother increased by 2.

9% to 21.

25 ppm; specific to 19Q2, revenue increased by 9 as well.

6% to 46.

200 million, net profit attributable to mother decreased by 2.

1% to 9.

200000000.

Revenue by brand: Hailan House series brands Q2 grew faster, San Keno and other brands grew steadily, and Ijutu is still in the adjustment period.

1) Hailan House series (merged into the sea in 19Q1): Co-branded products such as the troubled Tiangong series were welcomed, Q2 grew significantly faster than Q1, and the single-quarter growth rate reached 9.

3%, but the gross profit margin was slightly 0 compared with the same period last year.

8pp dropped, the number of stores expanded to 5,449; 2) Aiju rabbit brand: still in the adjustment period, the number of stores reached 1,241, but the income Q2 is under pressure, falling 24%, and gross margin is also under pressure.

3) Other brands: 19H1 overall revenue increased by 993% to 3.

0.8 billion, boys and girls, Hailan preferred, OVV performed well; 4) San Keno brand: 19H1 revenue increased by 13% to 9%.

USD 3.6 billion, Q2 grew faster than Q1, and the bilateral integration of the company’s professional wear business competed.

From the perspective of different channels: the growth of beneficiary major brands has accelerated, and the growth performance of online and offline businesses in the second quarter has clearly improved compared to Q1.

1) Offline business: Due to the consolidation of boys and girls and the continuous opening of Hailan House, the number of offline channels of the company reached 7,740, and the expansion of the number of stores led to an increase in offline revenue of 19H1 by 8 as well.

1% to 98.

4 ‰, Q2 growth rate reached 11.

7%, faster than the first quarter.

2) E-commerce business: The scale of 19H1 was the same as that of 18 years, and Q2 smoothly resumed positive growth with a growth rate of 6.

0%.

In terms of financial statements: Hailan’s homeowner brand’s profit growth has been healthy, and British, male and female students have renewed, and convertible debt-related financial costs have resulted in slower profit growth than income.

19H1 income / net profit attributable to mother increased by 7.

1% and 2.

9%, of which the income and profit growth rate of the main brand of Hailan House match, but due to the increase in financial costs caused by the substitution of boys and girls and Yingshi, and convertible bonds, the total impact on profits is about 9,000 million., The company’s revenue and profit growth rates generally match.

The scale of Hailan’s main brand inventory has effectively contracted, and the quarterly settlement effect has caused a change in cash flow in a single quarter: In 19Q2, the company’s inventory increased by zero.

2% to 88.

400 million US dollars, of which the main brand inventory decreased by nearly 1 billion US dollars compared with the same period last year, and the scale fell to 6 billion US dollars, showing an effective improvement in inventory turnover; in terms of cash flow, other payable funds in the collection of franchise stores compared with the beginning of the periodSignificant reductions (related to the settlement cycle) and prepayment income caused Q2’s single-quarter operating cash flow to deviate from the same period last year. This is a 天津夜网 quarterly change and will not have a significant impact when it occurs.

Earnings forecast and investment rating: It is estimated that the company’s net profit attributable to its mother will be 35 in 19/20/21.

8/38.

3/40.

700 million yuan, corresponding to the growth rate of 4% / 7% / 6%, corresponding to PE10.

4X / 9.

7X / 9.

2 times.

In the company’s second-phase repurchase plan scale, it is planned to increase to 6 within 12 months after August 8, 19.91-10.

The US $ 3.6 billion stock option is reflected in its own value recognition. Considering that the company also needs to manage multiple attributes such as soundness + high dividends underestimation + openness of the fashion consumer goods extension imagination, it maintains a “buy” rating.

Risk Warning: Offline sales are below expectations, new business development is below expectations, and brand collaboration is below expectations

Dong-E-E-Jiao (000423): Controlled release of active downgrade inventory performance exceeded expectations

Dong-E-E-Jiao (000423): Controlled release of active downgrade inventory performance exceeded expectations

The 2019H1 results are lower than our expected company’s 2019H1 results: revenue 18.

9 billion (-36.

69%), net profit attributable to mother 1.

9.3 billion (-77.

62%), deducting non-net profit 1.

4.4 billion (-81.

55%).

Corresponds to a profit of 0.

35 yuan, the performance was lower than our expectations, mainly because the company’s channel adjustment efforts exceeded our expectations.

The development trend controlled the release of active downgrading of inventory, under pressure from short-term performance.

2019Q2 company revenue 5.

99 million yuan (-53.

60%), net purity to mother 2.
.

One million yuan (-179.

19%), mainly because the company expanded its channel adjustment efforts to control shipments, while actively driving terminal pure sales.

2019H1, Ejiao products revenue 14.

9.3 billion (-36.

29%), mainly affected by the adjustment of the channel, the predetermined amount of block and pulp cutting extended; pharmaceutical trade income of 4.3 million yuan (-72.

81%), continued Chinese medicine business; other products 3.

86 ‰ (-37.

88%).

The sales expense ratio increased significantly.

2019H1 company’s comprehensive gross profit margin 55.

67% (-7.

52ppt), of which the gross margin of Ejiao series is 70.

06% (-7.

22ppt), mainly due to the adjustment of the product structure, high-margin Ejiao blocks are in a period of falling inventory.

2019H1 company sales expense ratio is 30.

32%, an increase of 7 over the same period.

18ppt is mainly due to the company’s active terminal sales, which not only reduces channel pressure, but also helps increase consumer brand awareness.

Operating Net Cash Flow-9.

7.6 billion (-10.

76%), as the cash ratio received for the sale of goods in this period also reduced the impact.

Short-term performance is under pressure, and long-term expectations are back to healthy development.

Against the background of 无锡桑拿网 both channel and terminal pressure, the company resolutely cleans up traditional channels this year, explores new models of terminal sales, and actively develops new products and new markets. We expect that there will be pressure on performance and it is difficult to determine the time required for channel review.

However, in the medium and long term, the pharmaceutical retail industry is undergoing changes. The brand industry has its own traffic and will transform the new retail model to realize the flow of cash. We believe that the company, as a leading brand in the tonic field, is gradually returning to healthy development.

Earnings Forecasts and Estimates We maintain our 2019/2020 earnings forecasts1.
50/1.
69 yuan, down 53 each year.

02% and an increase of 12.

92%.

The company currently expects to correspond to 2成都桑拿网1/19 times P / E in 2019/2020.

We maintain the company’s neutral rating and maintain our target price of 33.

80 yuan, corresponding to 23/20 times P / E in 2019/2020, compared with 6 at present.

79% upside.

Risks The adjustment time of traditional channels exceeded expectations; the cooperation effect of new channels exceeded expectations

Very short sprint training method

Very short sprint training method

In the large-scale track and field competitions at home and abroad, it is necessary to equip the sprint program 100 meters, 200 meters, 400 meters, etc., especially the 100 meters competition. It has the largest gold content and the most influential, and is the most exciting competition.

I have been working in grassroots schools all the time, and it is the sprint project that is responsible for training.

Therefore, I feel good about how to carry out the training of the sprint. I would like to discuss this with my colleagues.

  The sprint project is an extreme strength work project.

Physiology, biochemistry theory believes that extreme strength work belongs to the supply of energy by anaerobic metabolism.

The sprint technique requires the person’s torso to lean forward, but can’t bow down.

Both arms should be bent on the body side to swing back and forth.

It can be seen that the technical requirements for sprinting are particularly high, and it is a fierce sports project that requires full body coordination, quick response, high change and high strength.

In my usual training, I mainly started from the following aspects.

  First, the development of explosive power The explosive power is determined by two organic components, namely speed and strength.

Therefore, the following practice methods can be used: 1.

Jump deep; 2.

Vertical jump; 3.

Load vertical jump; 4.

Weight-bearing jumps; 5.

Load squat; 6.

The weight-bearing bows exchange jumps.

  Second, the flexibility of flexible exercise refers to the extent of the movement of various joints of the human, the ability of the muscle ligaments to stretch.

It is of great significance in sprinting, especially for athletes’ strides. Therefore, I usually use the following methods in training: 1.

Body flexion practice; 2.

Pull the rod to the leg; 3.

Vertical, cross arm fork; 4.

Rapid flexion and extension of the ribs before and after;

Kicking legs (positive, side and outer swings in four aspects), sitting cross-legged knees, etc.;

Quick standing practice.

  Third, the speed of training This transformation is the key to sprint training. The methods I usually use are auxiliary exercises, repetitions, game methods and game methods.

The game method is a method often used for speed training. Because the speed practice time is short, the game method is often used, which can make the athletes feel high and show the maximum speed.

Like the game method, it can stimulate the athletes’ high emotions. At the same time, due to various movement changes during the game, it can also prevent the form of “speed obstacle” caused by the practice of frequently arranging the maximum speed.

12 points for a scientific and reasonable baby diet

12 points for a scientific and reasonable baby diet

Every young mother wants her baby to grow up smartly and healthily. In order to achieve this goal, mothers must pay attention to science to replace the baby and not to cause the baby to develop nutritional disorders.

For the baby, the diet should pay special attention to the following twelve points: First, the baby’s diet must not be hard, thick, chewing and digestive functions of newborn infants have not yet developed, digestion is weak, can not fully digest and absorb nutrients, so according to the child’sSelect foods based on age characteristics and degree of digestion. The complementary food or diet should be fine, soft and cooked. For example, squeeze vegetables out of vegetable juice, cut into vegetable puree, and cut lean meat into minced meat.

  It should be reminded that when parents guard the baby, do not chew the food in their mouth first, then spit it in a small spoon or place it mouth to mouth.

Initially is not conducive to the maturity of digestive function of infants and young children.

Although babies do not have teeth or are not aligned, and have poor chewing ability, they can still digest fine, soft and cooked food.

Chewing anesthesia is an unhygienic habit. It can cause pathogenic microorganisms such as bacteria and viruses in large populations to be transmitted to children, and children’s poor resistance can easily cause diseases.

  Second, the baby should eat a little. Baby is prone to get tired of monotonous food.

In order to increase the baby’s appetite and avoid partial food, and maintain adequate and reasonable nutrition, if possible, the food should be rich in variety, color, aroma and taste, the thickness of the staple food should be alternated, and supplemented with vegetarian food. Add 1-2 daily.Time snack.

For the food that your baby does not like, you can work hard on casting. If your baby does not eat carrots, you can put carrots in his favorite meat, put meatballs or stuffing dumplings, and gradually let your baby get used to it.

In this way, you can not only increase your baby’s appetite, but also achieve the goal of balancing expectations.

  Third, do not blindly eat infant foods in the fortified food market, there are many fortified foods.

Parents often buy certain fortified foods for the purpose of comprehensive nutritional supplements for their babies.

Parents should carefully read the nutrient content indicated on the food packaging before purchasing fortified foods. If the fortified nutrients in several foods are the same, they can only choose one. Parents should consult a doctor or an expert if necessary.Opinion that buying unintentionally may lead to the danger of poisoning your baby.

  Fourth, parents should not force the stuffed food. Under normal circumstances, the baby knows that he is full. When he does not want to eat, do not force him to eat.

There is a Chinese saying that raising children requires “three points?”

Hungry, cold for three minutes, “the child’s own immunity is stronger.

Parents should follow their children’s intentions more. The amount of food they eat should be determined by themselves. Do not force the child to eat or scold him loudly. Children who are tired of listening will have rebellious psychology. If they are too demanding, they may easily cause indigestion.

  Fifth, don’t make jokes and make trouble with your baby when eating. It is easy for food to enter the baby’s trachea by mistake, which will cause coughing. Seriously, it will cause the trachea and even endanger life.

  Six, to avoid gluttony and meet delicious, delicious meals?

Too much food will increase the long-term digestive burden and affect gastrointestinal motility and digestion.

Food residues stay in the stomach for fermentation and spoilage, and symptoms such as snoring and abuse of vomiting may occur, which is not only harmful to the nutritional absorption of children, but also harmful to the body.

  Seven, infants and young children should not drink tea. Tea contains high acid content. Tea drinking affects the metabolism of iron from food, milk, and vegetables. In addition, infants and young children are the prevalent age of iron deficiency anemia.Drinking tea regularly at age will induce or aggravate iron deficiency anemia.

Children who have suffered from iron deficiency anemia often drink tea, which affects the initial absorption of iron preparations, which will affect the efficacy.

  Eight, infants and young children should not eat sherbet Sherbet is artificially prepared foods, contains saccharin and?

These two ingredients are harmful to the body, and the detoxification function of the liver and the detoxification function of the kidneys of infants and children are still low. Therefore, the saccharin and pigments eaten will accumulate in the body and damage the body.

  Nine, infants and young children should not eat too salty foods Infants and young children’s kidney function development is not yet mature, eating too salty food, sodium ions tend to stay in the body, prone to high?

Stress, especially children whose parents have a history of hypertension should pay more attention.

1?
For 2-year-olds, try to put as little salt as possible in the food.

  X. Infants and young children should not eat a lot of saturated fatty acids in animal feces. If they eat too much, this fatty acid will deposit on the blood vessel walls and cause arteriosclerosis in children. Therefore, infants and young children who eat animal feces more will have blood lipids and blood stasis.The symptoms often increase.

Children with a family history of arteriosclerosis should not eat more animal aunts.

  11. Infants should not eat more honey. 12. Infants and young children should drink less coffee, cola, soft drinks, bright juice, orange juice and other beverages.

Reminder to eat fruits and raw vegetables to supplement enzymes

Reminder to eat fruits and raw vegetables to supplement enzymes

Introduction: Reminder that eating fruits and raw vegetables can supplement enzymes. Many eating habits in life are related to our own health. When facing various nutrition, how do we choose? This is a question directly related to health.

How to choose nutrition?

How to choose a diet?

Eating anyway will have a certain impact on the body.

  Fruits and vegetables are foods that many people like to eat. From the perspective of many people, the nutritional value of fruits and vegetables is very high. Indeed, their nutritional value is very high.

But do you know that eating fruits and raw vegetables can supplement enzymes?

Let’s take a look below!

  There are papaya enzymes in papaya. It breaks down proteins and breaks down large proteins in milk into small peptides. But peptides are bitter.

When the sweet potato is slowly heated, it will promote the “amylase” in the sweet potato to break down the starch in the sweet potato into sucrose and glucose to produce a sweet taste.It’s sweet.

In addition, because some people have insufficient “lactase”, when they drink cow’s milk, bloating and diarrhea occur because lactose cannot be digested.

  Many wonderful changes in nature are due to enzymes.

Enzymes exist in animals, plants, fungi and other organisms, and in addition to our lives, they are also closely related to our life phenomena.

Thousands of enzymes are in the process of metabolism in the body.

For example: digestive enzymes are protein-degrading enzymes that are secreted by food stimulation from the oral cavity to the small intestine, slightly decomposing enzymes, amylases, maltase enzymes, sucrose enzymes, lactase enzymes, etc.Digestion and conversion into small molecular elements that can be absorbed.

  Then, it is responsible for the synthesis of enzyme groups, and then builds up new muscle, nerve cells, bones, skin or glandular tissues.

Some enzymes have the function of detoxification, helping to convert metabolic waste in the body into urea and removing it from the urine, or expelling carbon dioxide from the lungs.

Oxidizing enzymes can promote oxidation in the body, which produces energy; while reducing enzymes can resist oxidation and help eliminate peroxides or free radicals that are harmful to the body.

  In short, enzymes are important for the body to live healthy.

If the secretion of enzymes is insufficient, re-nutrition is just a burden that cannot be digested and cannot provide health.

To ensure that the body has enough enzymes, we not only synthesize the enzymes ourselves, but also supplement them from foods rich in enzymes.

For example: proteolytic enzymes, amylases with a lot of fruits and vegetables.

However, most of the enzymes are made of protein. In high-temperature cooking, the enzyme’s activity will be destroyed, and the enzyme will lose its effect. People who are accustomed to cooked food can obtain fewer enzymes from food.

  Therefore, eating more fruits and raw vegetables is helpful for supplementing enzymes to improve health.

Some people do not like to eat fruits and vegetables and prefer meat with high protein. Without foreign enzymes and the need to secrete a large amount of protein enzymes to digest a large amount of meat, the supply of other enzymes in the body may be reduced. A Taiwanese saying goes: 呷Fish and meat, this is the reason why I want vegetables to come.

In addition, due to factors such as old age and disease, the body’s ability to secrete enzymes declines, often causing digestive problems and the body’s weak response. This is a warning sign.

Insufficient secretion is actually not just digestive enzymes. Various enzymes including synthesis, detoxification, oxidation, and reduction will also be lacking. Finally, a red light will be on for health.

  The role of enzymes illustrates the importance of a balanced diet, 579 daily supplements of fresh fruits and vegetables for health.

However, for situations where a balanced diet is not possible, or as described above, commercial enzyme supplementation should be necessary.

At present, biotechnology cannot manufacture enzymes by artificial synthesis. Commercialized enzymes are mainly obtained by automatic fermentation, plant, or microbial fermentation.

The purpose of eating is to prevent the shortage of enzymes in the body and to provide “foreign aid” enzymes to reduce the burden of enzymes secreted by the body.

Animal-derived enzymes, such as: pancreatic enzymes (trypsin), pepsin (pepsin), lipase (lipase).

Derived from plants, common protein-degrading enzymes such as papaya enzymes and pineapple enzymes.

In addition, microbial enzymes are usually fermented by adding a variety of fruits and vegetables to bacteria, such as: Dahan enzyme, Yamato enzyme, and so on.

In addition, barley grass, wheat grass, green broccoli, cabbage and other dark green plants are rich in antioxidant enzymes, so this is also a barley grass, wheat grass juice and other powder products are well-known selling points.

  Studies have shown that most of the commercial enzymes are absorbed in the small intestine, the same way the body’s own enzymes are absorbed.

Enzyme supplements, whether from natural excesses of fruits and vegetables or ingestion of commercial enzymes, can effectively improve digestion problems.

Start by reducing the feeling of fullness in the gastrointestinal tract to make bowel movements regular, because the slenderness restores normal physiological functions and physical strength, because the presence of a large number of enzymes can save the body the loss of many enzymes needed for secretion, and it is longer and moreNutrition to maintain various physiological functions of the body.