“Ugh,You say my job is getting more and more meaningless,Doing repetitive things all day long,Feeling a little tired,And I can see the end。”Chen Amei sighed in frustration at life。

“Hey,How can you have this emotion,You think you are a big winner in life,Kids have,Decent job,Family assets are more than enough,What’s not satisfied。”Tian Lu’s practical advice。
Chen Amei glanced at Tian Lu with a bitter look,“You know something,I don’t like boring work very much,It turns out that the glamorous work appearance is actually checking the information every day,I don’t know if I can get a job every day“single”,I don’t even know when the big event will be planned,You said,So boring,How can I keep on。”Chen Amei continued to say dejectedly。
“Haha,So this is ah,Enter the bottleneck period?When I first got a new job,Very motivated,Full of confidence and curiosity,Everything is serious,Very focused,as time flows,Freshness faded,I started to carelessly,This kind of heart is normal。”Tian Lu looks like a textbook in Chen Amei’s eyes,When I heard Tian Lu“Summary of experience”Time period,It’s exciting,Watching Tian Lu intently and listening to her“Speak”。
Tian Lu was amazed by her changing expression。Take a look at Chen Amei。
Sit beside her,Pestle your arm,Head up,Talking casually。“Working hours are a little longer,Some people continue to learn to strive for a broader space,And some people may mess around day after day。Focus,Today when the surrounding environment is getting noisier,Seems particularly rare。life of a human,If using1%Strength choice,99%The strength to repeat,Feel the fresh power every time;If you use99%Strength choice,1%Repetition of strength,Then he can only fail repeatedly。”
“Hey,Are you a genius?”Chen Amei exclaimed,“That’s quite reasonable。Although a little confusing,Read it carefully,Still the same thing。”
Tian Lu“Ha ha”Smiled:“What is there to say,‘Yan Ruyu is in the book,Own golden house in the book’,I saw it all from the book。”Speaking of which,Her face suddenly changed,Grandpa’s indoctrination sounded in my ears,These were all taught by her late grandpa。Think of grandpa,Give birth to a bit of sadness,The long eyelashes naturally tugged at the bangs near the eyes,Like someone with a subtle and profound story。
But soon,Tian Lu returns to reality,Turn your head to ask Amei Chen:“Have you heard a word,Repeating simple things,You are the expert;Do repetitive things with heart,You are the winner。”
Chen Amei’s head shook like a rattle,Said:“Familiar,Can’t remember。”
“and so,Those who can do their work efficiently are dedicated people,Come on,Amei!”Tian Lu concluded。
“Ok,What you said seems quite reasonable。”Chen Amei thoughtful,“correct,I think some of the great principles you said last time can be absorbed,Some can’t absorb it, disagree,Think about it,Be generous,Your strategy and method are not mature in this regard。”Bora
Chen Amei“Accuse”Up,Tian Lu opened her mouth wide with a smileOFont,She admits that she needs improvement in this area,But from Chen Amei’s mouth,It shocked Tian Lu,Make her blush。
Tian Lu felt her coat removed,Show it to outsiders without privacy,Flushed with shame,But you have to show the frank acceptance of Chen Amei“criticism”。

But this trend of Brother Hu,Can feed them the rhythm of a guild。

The guild attaches great importance to Brother Hu,They are very clear,So as soon as Brother Hu starts broadcasting,He as an operator,We have to stay in the live room,Cope with various emergencies at any time。
Actually,Not just him,The owner of the guild, Yang Hanmin, is also paying attention,Even the other anchors of the guild are watching,After all, this is the main anchor of their guild,Close relationship。
See those gifts from Brother Hu,They envy。
Xiaoli and Fox huddled together to watch Brother Hu live,Both of them live in the guild,Plus I have been taken care of by Brother Hu,So became good friends。
“Brother Hu is too good,It looks like,Jiangnan wants to become a fan of Brother Hu’s consortium!”The fox is very envious。
She was all night again last night,It’s not broadcast until 7 or 8 in the morning,Then eat something,Take a shower,Just lie in bed with Xiaoli and watch the live broadcast。
All night,I haven’t earned three hundred gifts。
“The point is that Brother Hu doesn’t care about this income,Ugh!”
“What are you sighing?Brother Hu is on your list,The total gifts this month should exceed one million coins,With commission。my words,Can only get a basic salary。”The fox feels that his grades are the worst。
“Don’t worry,Didn’t Zhuang Fan say,Would you ask Brother Hu to connect with us??All belong to the same guild,There will always be a chance。Hu’s personality,You don’t know,Never stingy。”Xiaoli feels she is much lucky。
Since Brother Hu gave her those gifts,His brothers will also come to her live broadcast room to send some,Mean。
Yesterday her management brother added fifteen,Since her live broadcast,The most added day。
Because it’s a new anchor,Card management in the live broadcast room only requires three thousand coins,Which is 30 yuan。before,Live broadcast may not be able to manage three or five cards in one day。
“Hope!”The fox is also looking forward to it。
And Lin Yufei, who is on the air, is also secretly watching the live broadcast of Populus,Mobile phone,No one else knows。

Weixing New Materials (002372): Under pressure temporarily to actively respond to municipal and retail challenges

Weixing New Materials (002372): Under pressure temporarily to actively respond to municipal and retail challenges

Event On October 29, 2019, Weixing New Materials released the third quarter report of 2019, and the company achieved total operating revenue of 31 in the first three quarters of 2019.

20 ppm, an increase of 5 in ten years.

15%; net profit attributable to mother 6.

92 ppm, a five-year increase of 5.

86%; net profit after deducting non-return to mother 6.

52 ppm, a ten-year increase4.

46%.

In terms of quarters, the company’s Q1 / Q2 / Q3 single-quarter revenue in 2019 was 7 respectively.

82, 13.

24, 10.

14 trillion, a year of change of +17.

89%, +8.

16%, -6.

08%; net profit attributable to mothers is 1.

30, 3.

13, 2.

49 trillion, a year of +21 changes.

01%, +12.

55%, -7.

16%; net profit after deduction is 1 respectively.

20, 2.

96, 2.

3.6 billion, change by +16 each year.

17%, +14.

93%, -10.

38%.

The company’s third quarter performance was lower than expected.

Our analysis and judgment: Q3 single quarter revenue increased, municipal engineering, retail performance under pressure. From the perspective of sub-channels, from January to September 2019, the operating income of retail and municipal engineering declined, and the operating income of construction engineering increased.More than 40%.

From the perspective of product categories, on January 9, 2019, the growth rate of operating income of PPR pipelines 杭州桑拿养生会所 declined, the operating income of PE pipelines was basically flat, and the operating income of PVC pipelines increased by about 20%.

Under the pressure of the company’s performance, the company continued to optimize its marketing model and gradually implemented “retail, engineering two-wheel drive”. Through the retail business, it actively expanded the potential market to deal with the unfavorable situation of low demand and intensified competition.Adjust and transform, grasp the development of construction engineering.

The company’s municipal engineering and retail performance are under pressure, and it is expected that the performance in 2020 will improve.

During the period, the expense ratio increased, and the gross profit margin increased slightly. In the first three quarters of 2019, the gross profit margin was 46.

80%, compared with 47 in the same period in 2018.

30% down 0.

50pct.

The net profit for the first three quarters of 2019 was 22.

23%, compared with 22 in the same period in 2018.

07% increase to 0.16%.

Expenses for the company’s period in the third quarter of 201921.

12%, compared with 21 in the same period in 2018.

26% dropped slightly by 0.

14pct is basically an increase in the R & D expense ratio.

Of which selling expenses are 13.

42%, a decrease of 0 from the same period in 2018.

11 points; administrative costs 5.

14%, an increase of 0 compared with the same period in 2018.

03pct; R & D expenses 3.

29%, an increase of 0 compared with the same period in 2018.

23pct; Finance Expenses Expenses -0.

73%, a decrease of 0 compared with the same period in 2018.

At 29pct, the decrease in the financial expense ratio was mainly due to the increase in bank deposit income. Accounts receivable increased slightly. The operating and investment cash flow improved in the first three quarters of 2019.

1.2 billion, compared with 3 at the end of the first half of 2019.

06 ppm increased by 1.

96% in the first three quarters of 2018
.

05 ppm increased by 2.

00%.

The advance payment is 1.

100,000 yuan, compared with 0 in the same period in 2018.

7.7 billion increased by 42.

77%, the increase was mainly due to the increase in prepayments for raw materials.

Reported company operations, improved cash flow from investment activities, reduced financing cash flow.

In the first three quarters of 2019, the company’s net cash flow from operating activities was 5.

51 ppm, an increase of 14 in ten years.

15%; net cash flow from investing activities is 5.

66 ppm, an increase of 206 in ten years.

47%, initially to recover part of the investment and purchase of wealth management products in Xinjiang Dongpeng Heli Equity Investment Partnership (Limited Partnership); the net cash flow from financing activities was -7.

870,000 yuan, a decrease of 30 per year.

00%, mainly due to increased dividends.

Investment suggestion: Due to the short-term fluctuations in the company’s performance, we expect the company’s operating income to be 48 in 2019-2020.

88, 55.

15 ppm, a six-year increase of 6.

96%, 12.

83%; net profit attributable to mother is 10.

35, 11.

80 ppm, a five-year increase of 5.

83%, 13.
96%; corresponding PE is 20 respectively.
4X, 17.

9X, maintain “Buy” rating.

Risk factors: New business expansion is less than expected, raw material prices have risen sharply, and industry competition has intensified.

Zhongzhi (600038) Company Research: Helicopter High Boom + Group Asset Integration Accelerates Growth and Flexibility of the Company

Zhongzhi (600038) Company Research: Helicopter High Boom + Group Asset Integration Accelerates Growth and Flexibility of the Company

Helicopter boom + Group asset integration accelerated, the company has both growth and flexibility, maintaining a “buy”.

  We believe that the company, as a unique leader in domestic helicopters, will grow in the next three years. It is derived from the acceleration of helicopter upgrades and the volume of new instruments. The boom is supporting high growth.

6%), net profit attributable to mother 4.

0.5 billion (+32.

1%), exceeding market expectations for two consecutive quarters.

At the same time, the company’s shareholder AVIC Technology intends to acquire the entire machine-related assets, indicating that AVIC’s helicopter segment asset integration is accelerating, and the company is also expected to benefit in the future.

Regardless of asset injection, we maintain our profit forecast and expect net profit for 2019-2021 to be 6.

43/8.

13/9.

97 ppm, EPS is 1.

09/1.

38/1.

69 yuan, corresponding to 42/33/27 times PE, maintain “Buy” rating.

  AVIC plans to 56.

8.8 billion acquisition of military helicopter assembly assets, acceleration of helicopter asset integration.

  Zhongzhi shares announced on November 28 that the shareholder AVIC plans to issue domestic shares and acquire 100% of Zhongzhi Limited and Hafei Group 10.

21%, Changfei Group 47.

96% shares at a consideration of 56.

8.8 billion yuan.

We believe that 1) After the acquisition, the core assets of AVIC armed helicopters, Hafei, Changfei and Zhongzhi Co., Ltd., will become wholly-owned subsidiaries of AVIC, while AVIC will indirectly increase its stake in Zhongzhi.

03% shares (total 50 shares.

80%), can own shares.

2) The acquisition target will improve AVIC ‘s helicopter business chain, optimize its asset structure, and further promote the company ‘s helicopter business.

3) Through this acquisition, some of the assembly assets of AVIC’s armed helicopters were listed on the Hong Kong stock market.

The target asset’s non-net profit in 2018 was approximately 3.

18 trillion, accounting for 31 of the non-net profit deducted by AVIC in 2018.

5%, which helps improve its profitability.

  The integration of AVIC core assets is progressing steadily, and the company is expected to reap dividends from reform.

Although the acquisition plan only involves changes in the equity of the company’s major shareholders, we believe that: 1) The 28 listed companies of AVIC Group, the level of asset securitization and the marketization mechanism are equally at the forefront of major military industrial groups.月 月5日中航飞机公告将置入西飞,陕飞等总装业务,11月18日中航光电推出第二期股权激励方案,中航工业集团在国企改革,资产整合方面呈加速趋势。
2) According to the content of the group meeting, AVIC plans to achieve an asset securitization 天津夜网 rate of over 70% by 2020, continue to explore military-civilian integration, create high-quality listed companies, and help the group companies transform and upgrade.

3) Against the background of accelerated military reform, as the only helicopter leader, Zhongzhi shares help to benefit from the integration of AVIC’s core assets, and future securitization of helicopter assets can be expected.

  As a unique helicopter leader in China, the company will fully benefit from the arrival of the high prosperity of the helicopter industry.

1) In terms of military aircraft: The development of naval military helicopters lags far behind that of the United States. The most in demand, the most urgent 10-ton helicopters and 20-ton heavy helicopters still mainly rely on imports.

China’s national defense modernization is accelerating. We believe that under the background of military expenditure tilting to aviation equipment, gradual military helicopters will usher in a new round of rapid growth.

2) In terms of civil aircraft: The company has further promoted the “first flight of one aircraft”, “one aircraft demonstration”, and “two aircraft acquisition of evidence” and other types of helicopters. The sales of various types of helicopters have been steadily progressing, and the major products have gradually stabilized the market.Development of the “Belt and Road” market.

We believe that with the support of policies such as the opening of low-altitude airspace, the civil aircraft business is trying to benefit.

  Risk reminders: 1) Breakthrough in military order changes; 2) New model mass production progress is less than expected

China National Travel Service (601888): Flattening price differences at home and abroad to create a people-oriented, data-driven new tax-free shopping experience

China National Travel Service (601888): Flattening price differences at home and abroad to create a people-oriented, data-driven new tax-free shopping experience

The strategic expansion of the “new consumption” era has brought large-scale collective purchases to equalize domestic and overseas price differences, which has brought about expansion of consumption capacity.

China National Travel Service is a leader in the duty-free industry. Its global ranking jumped from 19th place in 2010 to 4th place in 2018. This is inseparable from the company’s advantages based on tax-exempt licenses and active layout of three major formatsEfforts to expand the scale of operations by occupying channel resources (investing in the construction of Haikou Duty Free City, winning the bid for the long-term contract at Beishang Airport, and actively deploying tax exemptions in the city).

Large-scale collective procurement has improved the company’s speaking power and bargaining power. Because consumers who are trapped by the high price difference between domestic counters and foreign origins can enjoy the low-cost purchasing channels provided by the company,Bring consumption backflow and consumption expansion.

Optimize offline store service experience, increase conversion rate and customer unit price.

The company is committed to creating a comfortable and vibrant shopping environment. Through the “duty-free shopping festival”, celebrities to stores, brand pop-up stores and other activities to gather popularity and enhance interactivity, at the same time work with many brands to launch exclusive limited-edition products and duty-free products.Packages for better shopping options for consumers.

The CDF even launched a face recognition payment service, which can complete online payments through the shopping process; Hong Kong Airport has zero tariffs, and even launched a face recognition payment service to make the shopping process more efficient and convenient.

The optimization of offline consumption experience helps to increase the conversion rate and unit price of visitors.

Big data helps online channel integration and increase penetration.

The official CDF duty-free online pre-order platform “CDF Duty-Free Pre-Order” has been launched in Hangzhou, Guangzhou, and Xi’an Airport duty-free shops, enabling 成都桑拿网 consumers to browse duty-free products anytime, anywhere, online pre-orders, and store pickup.

In addition, the company actively promotes the opening of the membership system to further use new technologies to build a member big data middle stage, establish an identifiable and operable user resource pool, and conduct accurate marketing, thereby effectively leading consumers to advance to online channels to generate pre-ordersBehavior, or provide discount information for offline stores, to achieve the goal of attracting consumers to the store and increasing penetration.

  Estimates suggest to maintain the net profit attributable to mothers in 2019 and 202048.

0 billion and 52.

1 trillion unchanged, corresponding to an increase of 55 in ten years.

0% and 8.

6%.

The company’s overall consensus corresponds to 36.

1x and 33北京夜生活网.

2 times P / E ratios for 2019 and 2020.

We maintain our outperform industry rating and target price of RMB 114, corresponding to 43x and 28 forecast P / E ratios of 2020.

6% upside.

  The risk reduction of taxes caused the unattractive price of duty-free products; the macroeconomic impact on industry demand; and the release of duty-free permits.

Goldman Sachs: Continue to Overweight China’s New Economy Science and Technology Innovation Board Is a New Starting Point

Goldman Sachs: Continue to Overweight China’s New Economy Science and Technology Innovation Board Is a New Starting Point
独家专访高盛: 继续加码中国新经济,科创板是新起点  周艾琳  [早前国内主板、中小板公司的发行估值固定,券商所做的更多是做文件、跑批文,而在科创板After the launch, brokers will play a role in pricing enterprises, telling stories for enterprises, and exploring domestic and foreign investors.]  目前,科创板已进入开板的冲刺阶段,外资券商也在积极争取市场份额.Although it is not as good as domestic securities firms in terms of customer network, it has a local advantage, but under the market-oriented “armor training field” of science and technology board, rich securities firms that are accustomed to overseas market-based pricing may play a huge advantage.  During the recent antique Asia’s first Dream + Transformation | Goldman Sachs Innovation Summit, Zhu Hansong, CEO of Goldman Sachs Gao Hua Securities, and Cai Wei, Co-Head of Goldman Sachs China’s investment banking business, accepted an exclusive interview with China Business News.They said that the current issuance method and rules of the science and technology board are relatively close to overseas, and may become China’s “Little Nasdaq.”  Earlier domestic motherboards and small and medium-sized board companies had fixed issuances. Brokers traded more in documents and running approvals. After the launch of the science and technology board, the brokers will set prices for companies, tell stories for companies, and explore domestic and foreign investors.Play a role.  Foreign brokers will date overseas experience. Too many restrictions on IPO pricing have been one of the drawbacks of the A-share listing system.The guidance on pricing is too strong, so the IPO pricing of A-share listed companies is generally low, and there is even a strange appearance of “making new” and almost making no money.  According to developed market experience, IPO pricing is a two-way inquiry and communication process. One party is the issuer and the intermediary, including the company to be listed, investment bank, accounting firm, and legal adviser. The other party is an institutional investor, including various funds.With the assistance of an intermediary, especially an investment bank, the issuer understands the needs of institutional investors for listed stocks at different issue prices, and summarizes the issue price based on the situation of the listed company.  At present, the market pricing pilot conditions implemented 南京夜网 on the Shanghai Stock Exchange are basically met, and there are enough domestic and different types of institutional investors to participate in the inquiry process, including various public offerings, private equity funds, overseas QFIIs, etc.But at the same time, considering that for most technology companies in emerging industries, it is difficult to find enough similar companies from the listed companies as a benchmark for pricing.  Zhu Hansong told reporters that foreign brokers have extensive experience in inquiries, pricing and contacting investors at home and abroad.  ”We will combine the experience of issuing shares overseas with China.Investment banks should focus on discovering the highlights of the company’s story. In terms of market recommendations, help companies lock in investors who know the industry at an early stage. These investors collectively point to domestic funds, including foreign institutional investors. They can pass QFII.Participate in science and technology board.”Zhan Hansong mentioned that one of the advantages of foreign investment banks is cross-border business.” It will assist companies in conducting global roadshows, reaching out, and educating investors on both sides.At present, companies listed on the science and technology board are companies that do not have a high profit level at this stage and do not even make money, but have great growth prospects in the future.There are several sets of very mature estimation methods in the world. I hope that they can be introduced to communicate with domestic institutional investors and allow domestic and foreign investors to form a more consistent fundamental valuation.Generally speaking, investors at home and abroad are likely to have different estimates of the same company. This is different from their own perceptions and different comparison benchmarks. For example, liquor, white electricity, etc. are scarce in Hong Kong stocks and European and American markets.Therefore, earlier the foreign countries called the pricing of the relevant A-share companies far higher than domestic investment.For science and technology board companies, overseas has more mature valuation models. “I hope that international and domestic investors can form a benign relationship, which will help companies find fair and reasonable valuations.Zhu Hansong said.  The role of intermediary agencies. Earlier, when preparing securities IPOs, securities firms may prepare documents, run approvals, etc. may be the main tasks. In the future, under the market-based pricing mechanism of the science and technology board, intermediaries will have to take responsibility.  Cai Wei specifically explained to reporters the overseas inquiry and pricing process.他称,“当投行为目标公司准备材料(财务预测、公司定位等)后,海外有一个‘试水机制’,即投行要带着公司高管见一些有影响力的投资人,投资人对公司进行Make a statement. At this time, the investment bank will have an approximate conceptual interval for the estimation.At the same time, analysts will also communicate with many institutional investors, and use the mode of intermediary financial advisers to communicate with investors (rather than the company directly communicating with investors), which helps investors to provide objective pricing, and the process is transparent。”” During the roadshow, the company may have to meet more than one hundred investors, and then the sales staff will follow up and communicate with the investors.After months of exchanges, the investment bank will continue to find the reasonable pricing point based on the initial estimation model, continue to narrow the range of changes, and find reasonable pricing for the boots.Cai Wei said that investment banks can perceive the market demand situation in this process, and finally decide how to allocate based on this, and find a balance between supply and demand.  For a long time, the stocks listed on the A-share market were considered by the market as “scarce resources”. This is an unusually enthusiastic purchase in the primary market.The short-term premium level of the A-share IPO market is much higher than that of other markets. Almost few short-term trading prices will fall below the issue price after the stock is listed. The “market support mechanism” seems difficult to be useful.On the science and technology main board of market-based pricing, this mechanism may play a role.  According to the distribution after the issuance, Cai Wei said: “This is completely determined by the company and investment bank in the US stock market, plus the proportion of retail investors in the European and American markets.However, in the Hong Kong market, certain restrictions have been placed on the proportion of retail investors, and the science and technology board is closer to the Hong Kong model.”Relevant methods of the science and technology board quoted that the initial public offering of shares on the science and technology board, the reasonable ratio of off-line issuance is not less than 50% of the number of shares issued offline this time, priority to public offering products (includingPublic offerings set up by investors in accordance with the requirements of investor suitability), social security funds, pensions, etc.  Basically, in the European and American markets, the Shanghai Stock Exchange has specified the follow-up investment system of the relevant subsidiaries of the sponsor, that is, the scale of the subscription with its own funds is 2% of the issuer’s initial public offering?5% of the shares, the specific proportion of which is determined based on the issuer’s initial public offering scale.The lock-up period for explicitly following-in investment shares is 24 months, which is longer than the shares held by shareholders before issuance other than the controlling shareholder and the actual controller.  Powering private enterprises in the new economy Goldman Sachs’ positive statement on participating in the science and technology board is also part of its own “power in the new economy” strategy.  In the early years, Goldman Sachs’ strategic focus was on large Chinese state-owned enterprises, the reorganization of state-owned enterprises and initial public offerings, and almost participated in the reorganization and listing of the first state-owned state-owned enterprises in various industries at the time, including PetroChina, China Mobile, and Bank of China.With the transformation of China’s economic structure, “while assisting large-scale customers, focusing on the new economy and the private economy” has become a new strategy for Goldman Sachs in the past two years. Goldman Sachs is the only company that has participated in all BAT (Baidu, AlibabaGoldman Sachs also said that it will continue to serve the Chinese private economy in the future.  Although the global secondary market experienced short-term fluctuations in 2018, the primary market is flourishing, and many science and technology companies hope to seize the tail of the expansion cycle to sprint IPOs.Cai Wei also said that Goldman Sachs is expected to enter the secondary market sentiment this year, and the momentum of the primary market will return to a more stable and reasonable state.  “In 2017, the global economy expanded synchronously, and the enthusiasm for the listing of technology companies reached its peak. This enthusiasm continued until mid-2018. Many companies decided to seize the window period to sprint to the market. In 2018, there were many IPOs.There are some issues, such as some companies rushing to IPO before meeting the listing requirements, and some companies IPO when they are estimated to be close to the highest point, which caused the listing to break. The global stock market sell-off in the second half of last year exacerbated this situation.Zhu Hansong told reporters.  In Zhu Hansong’s view, this year’s secondary market transactions will be in a healthy upward trend. The number of IPOs may be lower than last year, but the positive side is that “every company that can conduct an overseas IPO this year is of better quality.The company is mature and has met the conditions for listing. This year ‘s estimate will also be more reasonable than last year. This is a good thing for investors and also good for the company ‘s market outlook.There is no doubt that the refinancing activities of listed companies have a strong momentum.Zhu Hansong said.  Obviously, through the continuous advancement of China’s financial opening up process, Goldman Sachs also seeks a suitable time to increase its stake in its joint venture securities firm in China (Goldman Sachs Goldman Sachs). Like many joint venture securities firms, Goldman Sachs does not rule out future appreciation to 100%.  Although there are currently joint venture brokerage companies in China that are not able to make huge profits, and even have huge early expansion, the overweight layout in advance is still the common statement of many joint venture brokerage companies.”Goldman Sachs always regards China as the second largest economy as one of its long-term destinations. The developed markets such as the United States already have limited existing growth space, but China is a huge incremental market, so the need to expand in advanceit goes without saying.Cai Wei told reporters.

Infrastructure “Spring Busy” Multi-site Project Starts Centrally

Infrastructure “Spring Busy” Multi-site Project Starts Centrally

Infrastructure “Spring Busy” Multi-region Project Starts Centrally ⊙ Reporter Yu Xiangming ○ Editor Qiu Jiang Since the end of January, Guangdong, Zhejiang, Shandong, Shanxi, Shaanxi, Henan and other places have started the project intensively.

According to statistics, from January to February, a total of 32 regions across the country issued US $ 696.1 billion of new local government bonds, accounting for 50 new replacements issued in advance.

1%.

Wu Yaping, the director of the Investment Research Institute of the National Development and Reform Commission, said to the Shanghai Securities Journal on the 8th that a reasonable expansion of effective investment this year will make the short-term 南京龙凤网 project faster.

The reporter learned that this year the National Development and Reform Commission will focus on areas to promote effective investment and formulate an implementation plan for the gradual development of infrastructure.

  This week, the Shanghai Development and Reform Commission announced a list of major construction projects in 2019, which are divided into five major areas, namely industrial technology, social and people’s livelihood, ecological civilization, urban infrastructure, urban-rural integration and rural revitalization, with a total of 138 items.

Among them, Tesla Super Factory Phase I, ABB Robot Super Factory, Shanghai Grand Opera House, Pudong Airport Phase III Expansion Project, Rail Transit Chongming Line and other major projects are listed.

  According to rough statistics from reporters, since the end of January, at least 50 urban areas have released news of concentrated project start-up, with project investment amounting to hundreds of billions, at least billions.

  Taking March as an example, in less than 10 days, projects in nearly 10 cities have started intensively.

Among them, on the 6th, 20 projects in Luancheng District, Shanxi Province started construction with a total investment of 7 billion yuan. On the 5th, 20 projects in Tieshan Port, Beihai, Guangxi Province started construction with a total investment of 130.

5.0 billion; On the 4th, 56 projects in Chencang District, Baoji City, Shaanxi Province were started intensively, with a total investment of 108.

On the 4th, 20 projects in Guangzhou Tianhe District were started in a concentrated manner with a total investment of 18 billion yuan. On the 2nd, 19 major projects in Jinxiang, Jining, Shandong were started in a concentrated manner, with a total investment of 6.5 billion.Through increasing efforts to supplement shortcomings in infrastructure construction, the growth rate of investment in infrastructure projects declared nationwide has gradually picked up since August 2018.

Judging by the inception cycle of infrastructure projects for about one year, infrastructure investment attempts to maintain a medium-speed growth trend in 2019.

Zhefu Holdings (002266) Coverage Report for the First Time: Leading Private Hydropower Equipment Vendors Key Nuclear Power Equipment

Zhefu Holdings (002266) Coverage Report for the First Time: Leading Private Hydropower Equipment Vendors Key Nuclear Power Equipment

This report reads: Zhefu Holdings is a long-term private hydropower equipment supplier, and it has achieved a position in the nuclear power control rod drive mechanism. The company is expected to fully benefit from the accelerated construction of the hydropower and nuclear power industries in the future.

Covered for the first time and given a “Neutral” rating.

Investment Highlights: Cover for the first time and give a “Neutral” rating.

It is expected that EPS for 2019-2021 will be 0.

07, 0.

08, 0.

08 yuan, because the company’s profit performance comes from the joint-stock company 2345, and 2345 is an asset-light Internet company, so Zhejiang Rich Holdings PB exceeded the average level of comparable companies, giving 2019 2

78 times PB is reasonable, and the target price is 4.

61 yuan.

Leading private hydropower equipment supplier.

Hydropower equipment started business for Zhejiang Rich Holdings. For many years, it has worked hard on internal skills, increased research and development, and consolidated its business foundation. In-depth cooperation 天津夜网 with industry-leading company RAINPOWER in design and manufacturing, is expected to greatly promote domestic impact water turbine technology andPromotion.

As the country ‘s “One Belt, One Road” initiative progressed, the company expanded its overseas hydropower business, especially the Southeast Asian market. In the first half of this year, the Uganda Isimba Hydropower Station Units 1 and 2 developed by Zhefu Hydropower passed the 72-hour test.Run smoothly and connected to the grid for power generation.

At the same time, the company actively explored a new model of hydropower business, and promoted the export of hydropower equipment through investment in hydropower projects.

High barriers to nuclear power business are good.

The company controls Huadu Company, which is engaged in nuclear power business. It is one of 成都桑拿网 the major design manufacturers of domestic first-level control rod drive mechanism for nuclear power components.

Huadu Company has formed the comprehensive capacity of the control rod drive mechanism required for the annual production of 6 million kilowatt-class pressurized water reactors. It has undertaken and mass-produced “Hualong No. 1” Fujian Fuqing 5 # / 6 # and exported to Pakistan K2 / K3The contract of CRDM equipment for Zhangzhou 1 # / 2 # and Hainan Changjiang 3 # / 4 # units has become a pioneer in leading the development and production of “Hualong No. 1” control rod drive mechanism.

In the first half of the year, the MLB-type control rod drive mechanism of the “Hualong No. 1” Fuqing Unit 6 made by Huadu Company passed the factory acceptance and was successfully delivered.

At this point, the control rod drive mechanism of the first batch of four Hualong No. 1 units produced by Huadu has been successfully delivered.

catalyst.

The construction of nuclear power is accelerating, and the construction of pumped storage energy is accelerating.

risk warning.

The performance of participating Internet companies fluctuates, and nuclear power security risks.

Eat black beans to make you more eye-catching

Eat black beans to make you more eye-catching

Vision loss and dizziness are the biggest pain for desk workers. Eating black beans can help alleviate these discomforts.

  The efficacy of black beans has been highly evaluated.

Li Shizhen of the Ming Dynasty recorded in “Compendium of Materia Medica”: “Eating black beans often can prevent all diseases.

“Professor Zhang Guoxi of Xiyuan Hospital, China Academy of Chinese Medical Sciences said.

hzh {display: none; }  1、黑豆能够滋补肝肾,而肝肾的健康对改善视力有很大的帮助。  2. Black beans can alleviate eye fatigue and help prevent vision loss.

  Because black beans are oxidized and antioxidants-anthocyanins and vitamin A which is good for the eyes.

Among them, vinegar can promote the dissolution of nutrients in black beans and help to efficiently convert nutrients.

  The method of soaking black beans in vinegar is very simple. First prepare a pan, add black beans, but do not put oil, and fry over medium heat for about 5 minutes. After the black bean skin is broken, change to low heat and fry for another 5 minutes.paste.

Dry the fried black beans for 15 minutes, put them in a clean container with parcels, add vinegar, and soak for about two hours. After the vinegar is absorbed by the black beans, you can eat it.

  In addition to helping to suppress vision loss, vinegar black beans are also effective in treating chronic fatigue, chills, retinal soreness, high blood pressure, high blood pressure, etc. These are the most common diseases for people working in the office.

  Vinegar soaked black beans can be eaten on the same day after being prepared, and can be stored in the refrigerator for half a year, so you can make more.

The black bean itself has a natural sweetness, and the vinegar soaks in the black bean.

If you don’t like the sour taste of vinegar, you can also add a small amount of honey.

Sitting quietly after a meal can prolong life

Sitting quietly after a meal can prolong life

“A hundred steps after a meal, live to ninety-nine”, but in fact, according to the theory of Chinese medicine, it is not a walk after every meal.

Adhere to “sit after lunch, go slowly after dinner” can regulate immunity and prolong life.

  After lunch, you need to sit still and raise your spirits.

Chinese medicine believes that people’s qi and blood in the morning are all yang, and it is time to raise their hearts when they start to yin at noon.

Sitting in the afternoon for a moment is good for raising the heart, transforming the afternoon and even the evening and evening, and promoting the blood to run, transforming into the role of raising the spirit, nourishing the gas and nourishing the tendons.

If the amount of activity is too large at this time, the oxygen consumption of the lower limbs will increase, the blood flow into the digestive system will decrease, and the lack of oxygen in the head will be aggravated, resulting in stomach pain, indigestion, dizziness, headache, and the like.

Therefore, sit quietly after lunch and close your eyes for 10-30 minutes.

It is not suitable for lying down immediately after lunch. Old people who have a habit of lunch can take a nap after sitting still, and the time should not be too long.

  Walk after dinner.

Chinese people are used to dinner is relatively rich, high-nutrition and high-conversion food into the stomach, if you are sure to digest enough before going to sleep, easy to eat, gain weight.

Walking for 20 minutes to 1 hour after dinner can promote recovery and creep, help digestion of digestive juice and digestion and absorption of food, which is good for your health.

Do not hurry to go, slow and comfortable.

  The habit of putting down chopsticks after dinner is not desirable.

Because the food you eat needs to stay in your stomach for a while, and stand up and walk immediately after eating, it will inevitably add a lot of tension to the stomach.

After taking a break for 10 minutes after a meal, take a walk to play a health care role.

  After the meal, in addition to sitting still and slow walking, proper massage and music adjustment are also beneficial.

Massage the abdomen after a meal to promote gastrointestinal motility and blood circulation in the abdominal cavity.

Appreciate some soothing, wonderful music after a meal, which is also good for promoting digestion.