Forbidden to float, forbidden, forbidden, forbidden, forbidden, forbidden, forbidden, forbidden, forbidden, forbidden, forbidden, forbidden, forbidden, forbidden, forbidden, forbidden, forbidden, formidable墍鍒朵綔鑰屾垚锛屽埗浣滄柟娉曠畝鍗曡€屼笖棣欒€屼笉鑵伙紝姹ら矞鍛崇編锛屼护浜哄瀭娑庢婊达紝缁忓父椋熺敤楦¤倝瀵硅韩浣撲篃鏈変竴瀹氱殑濂藉锛屽彲浠ヨˉ鍏呰泲鐧借川浠ュ強鑴傝偑绛夈€? 倸 楦?鍋氭硶涓€椋熸潗鍑嗗鏉愭枡锛氳丹灏忚眴500鍏嬨€佺櫧鐮傜硸200鍏嬨€佹补鑿滃彾鏈?0鍏嬨€佹按鍙戝啲鑿?涓€佹枡閰?0鍏嬨€佺簿鐩?.5鍏嬨€佸懗绮?.5鍏嬨€佺粏骞叉穩绮?5 Majesty is stable?0 What’s the matter?5 guns?鐒欏ソ)锛岃懕濮滄按15鍏嬨€傞厤鏂欙細杈ｆ(绾€佸皷銆佸共)15Arrogant?擶 ц 懕 10 Arrogant?Pu?0 鍏?Are you tired of 10?read?鍏?Clash of Realm?鍏?Forge 3 books?Distinguish 3 鍏?Talk about it?0 鍏?Do you want to make up 10 pieces?鍒 朵 綔 姝 ラ 奲 楃 尓 呓 呓 呓 尓 呓 呓 嫓.Sorry, it ‘s a good idea: Do you have a good news?0 闒 嗛 撓 撰 咄 撄 撸 擸 馎 欎 櫎 諎 湪 鐚 倸 宑 邉 邝 川 銆?.You are not alone in the world. You are the one who loves you. You are the only one who likes it. It ‘s a lot of fun. What are you doing? What are you doing?What’s the difference? What’s the difference? What’s the difference? What’s the difference? What’s wrong? What’s wrong? What’s wrong? What’s the matter?.鐢ㄧ櫧閱嬫垨绫抽唻鍐嶅皢鐚倸鎻夋悡绾︿笁鍒嗛挓锛屽熀鏈竴鍧楀共鍑€鏃犲紓鍛崇殑鐚倸灏卞憟鐜板湪浣犻潰鍓嶄簡銆?.鏈€鍚庯紝灏嗛攨涓儳寮€姘达紝灏嗙尓鑲氭斁杩涘幓鐓害涓夊垎閽熸崬璧凤紝鐢ㄥ垁鎴栧壀鍒€鍐嶆鍒帀鐚倸涓婃畫鐣欑殑鐧借壊鑲ユ补銆傞吙鐚倸1)鐚倸娲楀噣锛屾斁浜庣泦涓紝鍔犲叆绫抽唻銆佺簿鐩愬弽澶嶆悡鎿︼紝鍘绘帀榛忔恫锛屽啀鍓幓閲岄潰鐨勮偉娌癸紝鏀惧叆娌告按閿呬腑姘界儷涓€涓嬫崬鍑猴紝鍒噣琛ㄩ潰鐨勭櫧鐨紝鍐嶆礂鍑€鍚庯紝鎹炲嚭娌ユ按銆?2) What are you talking about?鎴 淧 鏉?銆?)璞嗚敾銆佺爞浠併€佷竵棣欍€佽倝鏋溿€佸ぇ鏂欍€佹鐨€佽姳妞掑潎纰炬垚闈紝鍐嶈繃缃椼€?)鐚毊鏀惧叆娌告按閿呬腑姘界儷涓€涓嬶紝鎹炲嚭鍒礂骞插噣锛屽幓鎺夎偉鑶橈紝鍒囩粏涓濄€?)灏嗗垏濂界殑鑲夌墖銆侀鏂欓潰鍜岀尓鐨笣鍚岀疆涓€鐩嗗唴锛屽姞绮剧洂銆侀叡娌广€佺粛閰掋€佽儭妞掔矇銆侀夯娌规媽鍖€銆傛媽濂界殑棣呮枡濉叆鐚倸鍐咃紝鐢ㄧ鎵﹀皢鐚倸鐨勫彛鍒綇銆傜尓鑲氶浮 鐚 劸 呖 呴 呴 鏆 鏆 鏆 鏆 鏆 铆 擷 海 浼 粵 雄 幫 湂 揂 揂 幕 咐 纐 纴 灰 炰 簬 尬 傖 尖 尸 尸 尸 尸 尸 尚 唸 尸 尚 叚 尸 尖 尸 尚 司鍑版姇鑳庯紝娴佽浜庡箍涓滅殑鎯犲窞銆佹渤婧愩€佹宸炵瓑绮や笢涓€甯︼紝鏄箍涓滃瀹跺湴鍖洪厭甯 湀 揶 囩 椑 椬 梬 颠 鐢 ㄦ 〞汾 堡 賾 籾 Lu Juan Fu 咓 纴 纴 纋 纋 單 閮 丑 閑 斑 開 揰 旰 旰 揊 昣 氣 氣 揚
銆 愮 quilting 剸 剸 鐚 劆 抆 撆 pic 宝 宝 存 傘 傘 傘 傡 傘 傘 傘 傘 傘 備 傘 傘 傘 傘 傘 傘 傘 傘 傘 傘 傘 傘 傡 傘 傍 傘 備 傘 傘 傘 傘 傘 備 傘 備 傘 備 傘 備 傘 備 傘 備 傘 傡 傘 傍 傘 傍 傘 傍 傘 傍 傘 傍 傍 傘 傍 傍 傘 傍 傍 傍 傍 傍 傍 傍 揍 锅?
绔圭瑡鐒栫尓鑲夋槸涓€閬撻潪甯哥簿鑷寸殑鑿滃搧锛岀绗嬬剸鐚倝杩欓亾鑿滀笉浠呭彛鍛冲ソ锛屽攪榻跨暀棣欐寔涔咃紝鑰屼笖瀹冪殑鍘嗗彶涔熷緢鎮犱箙锛屼粠鍙よ嚦浠婇兘鏈変汉瀵硅繖閬撹彍鎯呮湁鐙挓锛岀绗嬬剸鐚倝鏄竴閬撳彜浠婇兘寰堟祦琛岀殑鑿滃搧锛屽鏋滀綘杩樹笉鐭ラ亾绔圭瑡鐒栫尓鑲夛紝閭ｄ箞灏辫鏄庝綘鐨勭煡璇嗛噺澶皯浜嗐€傛墍浠ヤ笅闈㈠氨鏉ヨ窡澶у璋堜竴璋堢绗嬬剸鐚倝杩欓亾鑿溿€傛潵鍘嗭細鑻忎笢鍧＄敤鍏舵儏鏈夌嫭閽熺殑绔圭瑡鍜岀尓鑲変竴璧风叜锛屽湪涓€娆＄編椋熸淳瀵逛笂锛岃嫃涓滃潯淇℃墜鍐欎笅浜嗕竴棣栨墦娌硅瘲锛氣€滄棤绔逛护浜轰織锛屾棤鑲変娇浜虹槮锛屼笉淇楀張涓嶇槮锛岀绗嬬剸鐚倝鈥濄€傜绗嬬剸鐚倝涓轰粈涔堝仛鐨勯偅涔堝ソ鍚? 绔圭瑡鐒栫尓鑲夌鍒跺仛娉曞埗娉曪細绔圭瑡250鍏媬300鍏嬬尓涓婅倝300鍏嬬櫧鑳℃绮夐€傞噺娌广€佺洂銆佺敓鎶介€傞噺1. 鐚倝鍒囩墖锛岃偉鐦﹀垎寮€銆傜槮鑲夌敤閫傞噺鐨勬补銆佺洂銆佺櫧鑳℃绮夎厡鍒朵竴涓嬨€?. 绔圭瑡娉￠櫎娑╁懗锛屽垏鍧楋紝宸笉澶氭墜鎸囧ぇ灏忋€傦紙涓轰簡淇濇寔绔圭瑡鏈湁鐨勭埥鑴嗗彛鎰燂紝寤鸿鏃犻渶鍒囧お钖勶級3. 鍒囧ソ鐨勭绗嬶紝鏀惧叆骞查攨涓倰骞叉按鍒嗐€?。 鐑攨涓嬪皯璁哥殑娌癸紝鏀惧叆鑲ョ尓鑲夛紝鐖嗗嚭娌广€?。 鑲ョ尓鑲夌垎鍑哄ぇ閲忕殑娌瑰悗锛屾斁鍏ョ槮鑲変竴鍚岀炕鐐掋€?. 缈荤倰鐗囧埢鍚庯紝鏀惧叆绔圭瑡锛岄€傞噺鐨勭敓鎶界倰鍖€銆?. 鏀鹃€傞噺鐨勬按绋嶅井鐒栦竴浼氬効..8. You can’t do it, you can do it, you can do it, you can do it, you can do it, you can do it, you can do it, you can do it.倝锛夛細鐚倝鍚湁涓板瘜鐨勪紭璐ㄨ泲鐧借川鍜屽繀闇€鐨勮剛鑲吀锛屽苟鎻愪緵琛€绾㈢礌锛堟湁鏈洪搧锛夊拰淇冭繘閾佸惛鏀剁殑鍗婅儽姘ㄩ吀锛岃兘鏀瑰杽缂洪搧鎬ц传琛€锛涘叿鏈夎ˉ鑲惧吇琛€锛屾粙闃存鼎鐕ョ殑鍔熸晥锛涗絾鐢变簬鐚倝涓儐鍥洪唶鍚噺鍋忛珮锛屾晠鑲ヨ儢浜虹兢鍙婅鑴傝緝楂樿€呬笉瀹滃椋熴€The effect of the quilt is as follows: the chain of the chain and the chain of arbitrary chains are fried and the chain is made up and down, and it is made up for you.埥鍙ｏ紝鍚湁铔嬬櫧璐ㄥ拰澶氱姘ㄥ熀閰搞€佺淮鐢熺礌锛屼互鍙婇挋銆佺７銆侀搧绛夊井閲忓厓绱犱互鍙婁赴瀵岀殑绾ょ淮绱犮€傝兘淇冭繘鑲犻亾锠曞姩锛屾棦鏈夊姪浜庢秷鍖栵紝鏈夎兘棰勯槻渚跨鍜岀粨鑲犵檶鐨勫彂鐢熴€傚啲绗嬫槸涓€绉嶉珮铔嬬櫧銆佷綆娣€绮夐鍝侊紝瀵硅偉鑳栫棁銆佸啝蹇冪梾銆侀珮琛€鍘嬨€佺硸灏跨梾鍜屽姩鑴夌‖鍖栫瓑鎮ｈ€呮湁涓€瀹氱殑椋熺枟浣滅敤銆傚畠鎵€鍚殑澶氱硸鐗╄川锛岃繕鍏锋湁涓€瀹氱殑鎶楃檶浣滅敤銆備絾鏄啲绗嬪惈鏈夎緝澶氳崏閰搁挋锛屽効绔ャ€佹偅灏块亾缁撶煶銆佽偩鐐庣殑浜轰笉瀹滃椋熴€?
[Pregnant women eat Flammulina velutipes]_ Flammulina velutipes_Pregnancy period_Eating taboo
Flammulina velutipes is welcomed by the majority of women. To some extent, they like to put Flammulina velutipes when eating hot pot. It is worth mentioning that women can also eat Flammulina velutipes when they are pregnant. This can help pregnant women to promote metabolism and add fiber.
First, pregnant women can eat enoki mushroom.
Flammulina velutipes can effectively enhance the biological activity of the body, promote metabolism in the body, and facilitate the absorption and utilization of various nutrients in food.
Flammulina velutipes can absorb fiber and promote peristalsis in the body, improve digestion and prevent constipation.
Therefore, it is good for pregnant women to eat some enoki mushrooms.
Second, Flammulina velutipes also contains a substance called pakistan, which can enhance the body’s resistance to nucleic acids. Regular consumption of Flammulina velutipes can also reduce cholesterol, prevent hypertension and gastrointestinal ulcers, and enhance the body’s righteousness.
Pregnant women can prevent disease and keep fit, enhance the biological activity of the body, and promote metabolism in the body.
Third, Flammulina velutipes can also inhibit the rise of blood lipids, reduce plasma, prevent cardiovascular and cerebrovascular diseases, have anti-fatigue, antibacterial and anti-inflammatory, remove heavy metal salts and anti-tumor effects.
Pregnant women can also prevent cancer.
Fourth, Flammulina velutipes is very rich in amino acids, higher than that of ordinary mushrooms, especially arginine and lysine, which have the function of promoting children’s intellectual development.
Consumption by pregnant women can promote the development of hypertensive brain.
Fifth, mushrooms have a smooth bowel function, so you should not eat more to prevent diarrhea or miscarriage.
It’s better to buy it when you eat it, and it must be cooked thoroughly before eating.
Six, Flammulina velutipes chicken ingredients: 250 grams of chicken breast meat, 50 grams of enoki mushroom, 50 grams of pepper (red, pointed), 30 grams of green onion, 15 grams of vegetable oil, 10 grams of rice wine, 5 grams of starch (corn), 2 grams of salt,2 grams of sesame oil.
Practice: 1. Wash ginger and chop it for later use.
2. Wash and shred the chicken breast, put it in a bowl, add rice wine, ginger, starch, and marinate, and marinate for 10 minutes.
3. Wash and shred the shallots and red peppers separately.
4. Wash the Flammulina velutipes and supplement the roots.
5. Pour 15 grams of oil into the pan and heat up. Add chicken, enoki mushrooms and 15 grams of water to cook.
6, add salt and mix well, sprinkle onion and red pepper, and drizzle with sesame oil.
Efficacy: This recipe is delicious and is a good zinc supplement for pregnant women, because Flammulina velutipes contains a lot of zinc, it is worth recommending.
Jinjiang Stock (600754) Annual Report Comments： Performance growth basically in line with expected medium- and long-term growth logic unchanged
Jinjiang Stock (600754) Annual Report Comments: Performance growth basically in line with expected medium- and long-term growth logic unchanged
Event: The company disclosed its 2018 annual report, and net profit attributable to mothers increased by 22 per year.8% of the company’s operating income in 2018 was 146.97 ppm, a ten-year increase of 8.21%, realizing net profit attributable to mother 10.82 ppm, an increase of 22 in ten years.8%, deducting non-net profit 7.390,000 yuan, an increase of 9 in ten years.9%.The fourth quarter net profit2.110,000 yuan, an increase of 23 in ten years.8%, deducting non-net profit of 62.15 million yuan, a year-on-year decrease of 65.2%, the decrease of non-net profit in the fourth quarter was due to the increase in management expenses and sales expenses. The domestic hotel business has grown steadily, and its performance has been dazzling. Vienna ‘s revenue growth rate is faster than that of the fast business segment. The operating income and net profit of the limited service hotel business were 144.61 and 8.USD 7.5 billion, an increase of 8 each year.5% and 2.7%, while the revenue and profit growth of hotels in mainland China were 9 respectively.8% and 9.7%, the franchise business grew faster.From the perspective of subsidiaries, the total revenue of the former Jinjiang companies increased by 2.8%, net profit 武汉夜生活网 decreased by 47% due to restructuring and accrual of Jinguang Shortcut Goodwill impairment charges and other reasons; Platinum Tao’s revenue increased.7%, net profit increased by 49.8%, mainly driven by the elimination of backward direct stores and expansion of mid-range stores; Vienna opened stores at a high speed, and revenue increased by 20.5%, but the net profit increased by 12 due to the fast increase of expenses for opening a store.5%; France’s Louvre revenue increase funds 5.3%, net profit margin 10.3%. The expansion of stores maintained a high speed, and the increase in the proportion of mid-ends drove RevPar to grow. In 2018, the company opened 1,243 new stores and opened 749 net stores.1%, an increase of 8 from the previous year.2 units, the store structure has improved significantly.Territory Hotel RevPar grew by 5 per year in 2018.8%, occupancy rate and average house price fell by 2 respectively.7pct and an annual growth of 9.5%, the increase in average house prices drives RevPar up.Same store RevPar increased by 2.6%, of which the mid-range and economic models increased by 4 respectively.5% and down 0.6%.From January to February, the company’s RevPar average growth rate was 2.5%, the rental rate is relatively under pressure, and the average house price has maintained a high growth. In 19, the company plans to add 900 stores and sign 1,500 new ones. Investment suggestion: Mid-to-long-term growth logic remains unchanged. Maintain “Buy” rating. The company’s store expansion will remain high in 2018, but the growth rate of artificial salary will lead to a decrease in non-net profit after Q4 deduction.The strength lies in the mid-end brand and scale advantage. It is in a leading position in the integration of individual hotels, and through the internal background integration of the company, the company’s operating efficiency will also be improved.The company’s EPS for 19-21 is expected to be 126.96.36.199, 1.68 yuan / share, corresponding to PE is 25, 21, 18 times.At present, the average price-to-earnings ratio (TTM) of the domestic hotel target is 29 times. Considering the company’s leading position in the domestic hotel integration process and the expected cost control brought by the internal integration promotion in the future, it will give a reasonable value of 35 times PE in 1935.1 yuan / share, maintain “Buy” rating. Risk warnings: 1) The decline of the macro economy may affect the recovery of the industry.2) The internal integration effect of the company was less than expected.3) The progress of the company’s direct-operated stores was worse than expected.
Guiyang Bank (601997) 3 Quarterly Report Explained： Marginal Improvement of Asset Quality Obviously Pays Attention to Its Sedimentary Pressure
Guiyang Bank (601997) 3 Quarterly Report Explained: Marginal Improvement of Asset Quality Obviously Pays Attention to Its Sedimentary Pressure
Highlights of the quarterly report: 1. High performance growth.Revenue and PPOP have expanded at a low base. Among them, PPOP has achieved a growth rate of 20% per second, which is the best growth rate since the end of 2017.At the same time, the company increased its provision in the third quarter, and the net profit growth rate remained at a relatively stable growth rate of 15%. 2. The improvement in interest margin from the previous quarter led to a 21% increase in net interest income.The interest margin increased by 39bp to 2 from the previous quarter.48%, mainly because the asset-side benefit structure is optimized to increase the yield, and at the same time, the debt-side interest rate also has a small positive 北京夜网 contribution to the interest margin.3. The asset structure continued to be optimized.Although the loan growth rate has been replaced, the proportion of some loans has steadily increased.4. Marginal optimization of asset quality has improved significantly.The NPL ratio was down on a month-on-month basis. At the same time, under the background of increased write-offs in 3 quarters, the net annual generation of single-year non-performing NAD was also down on a month-on-month basis.In the future, the margin of adverse pressure will improve, and the ability to resist risks will be further consolidated. Insufficient quarterly reports: 1. The growth rate of deposits was weaker than the previous quarter, and the degree of current account contraction decreased. Revenue and PPOP have expanded at a low base. Among them, PPOP has achieved a 南京夜网 growth rate of 20% per second, which is the best growth rate since the end of 2017.At the same time, the company increased its provision in the third quarter, and its net profit growth remained relatively stable.19Q1-3Q19 revenue, PPOP, net profit attributable to mother or growth rate were 9 respectively.3% / 12.0% / 18.6%, 7.0% / 11.0% / 20.1%, 12.4% / 16.5% / 15.3%. Investment suggestion: company 19E 20E PB 0.85X / 0.73X; PE 5.04X / 4.49X (City Commercial Bank PB 1.02X / 0.91X; PE 8.79X / 7.82X), Guiyang Bank’s performance maintained a high growth, the asset structure was optimized and adjusted, and the marginal improvement in asset quality was obvious. Investors are advised to pay attention. Risk warning: the macro economy is facing downward pressure, the company’s deposit competition is under pressure, and performance management is less than expected.
Ping An of China (601318) March 2019 Commentary： Merger becomes younger and follow-up NBV promotes marginal improvement
Ping An of China (601318) March 2019 Commentary: Merger becomes younger and follow-up NBV promotes marginal improvement
This report reads: On October 24, 2019, Ping An of China disclosed the third quarter of 2019 quarterly report. The scale of debt-side agents has stabilized and rebounded, the premium product structure has been further optimized, the value of new business has increased significantly, and the 四川耍耍网 investment-side performance has also been better than expected.
Investment points: Maintain the “overweight” rating and maintain a target price of 112.
RMB 26, corresponding to a P / EV of 1 in 2019.
72 times: the company’s net profit attributable to its mother for the first three quarters was 1,295.
670,000 yuan, an increase of 63 in ten years.
2%, in line with expectations.
Operating profit growth after excluding short-term or one-time factors21.
5%, maintaining a high growth rate.
Raise Ping An’s 2019-2021 return to mother’s net profit forecast to 1630.
8.8 billion (1435.
1.3 billion, +13.
800 million (1558.
80,000 yuan, +15.
7%) and 2085.
200 million (1842.
400 million, +13.
2%), maintaining its target price of 112.
RMB 26 (after dividends ex-rights), maintaining the “overweight” rating.
Operating profit grows by 21 per year.
5%, the initial dividend is expected to be stable: the company’s operating profit in the first three quarters was 1,040.
61 ppm, an increase of 21 in ten years.
5%, of which life insurance and health insurance business operating profit was 691.
4.0 billion, accounting for 66.
Excluding short-term investment fluctuations, adjustments to accounting assumptions, and changes in income tax policies, the company’s stable and predictable growth rate remains at more than 20%. Since the company’s dividends are linked to operating profits, the expected dividend growth is still very stable.
The value of the new business on the debt side increased, and the investment side performed better than expected in the third quarter: In 2019, the company’s debt side focused on improving capacity and the number of agent teams at the end of the third quarter was 124.
50,000 people, compared with 123 at the end of the first half.
50,000 people, the size of the agent team stabilized and rebounded.
In the first three quarters, the company’s individual insurance channels had a negative growth of 7% in the first year, but the value of new business increased by 4 in ten years.
5% (Due to weak human growth, the growth rate of NBV in the third quarter was 4 in the third quarter.
(1%, slightly lower than expected). Initially, the product structure was further optimized, and the new business value ratio rose sharply to 48 in the third quarter.
1%, the agent team transformation has achieved initial results.
On the investment side, the company’s investment performance in the third quarter was better than expected, and the company’s insurance fund portfolio annualized net investment yield in the first three quarters.
9%, with a total investment return of 6%, relative to the medium-term performance further improved, better than expected.
Catalyst: Operating profits drive dividends to continue steady growth Risk prompts: Changes in capital markets; potential impact of downward interest rates on investment
Consumer company special analysis one of the quarterly report series (1)： Tiandi Yihao (832898)： Optimized product structure, emerging markets have grown significantly
Consumer company special analysis one of the quarterly report series (1): Tiandi Yihao (832898): Optimized product structure, emerging markets have grown significantly
Event: The company released the 2019 first quarter report, and the company’s total operating income was 4.
66 trillion, 59 a year ago.
8%; net profit is 6147.
440,000 yuan, 351 last year.
Driven by both volume and price, revenue growth in the first quarter of 2019 was 59.
8%: The company achieved 4 in the first quarter of 2019.
6.6 billion in revenue, an annual growth of 59.
8%, mainly from four reasons, including 1) the adjustment of the assessment cycle to the lunar calendar; 2) stocking by dealers: stocking during the Spring Festival can be extended to February and more emphasis on new and new goodsPickup expectation and frequency increase; 3) Price increase: The company will increase the price of all bottled products from October 2018 with a price increase of 0.
5 yuan / piece, bottled product revenue accounted for 49 in the first quarter.
16%, sales amount 22,841.
590,000 yuan, an annual increase of 89.
17%; 4) Growth in emerging markets: Through intensive cultivation and continuous promotion of the market in recent years, the 合肥夜网 sales volume of emerging markets in the first quarter was 9,099.
730,000 yuan, an increase of 125 in ten years.
The scale is gradually expanding, and the expense ratio is continuously optimized: As the company’s income continues to increase, the expense ratio continues to decline7.
5pct, the period cost increases by 5,795 per year.
590,000 yuan (+37.
29%), the cost is 45.
1) Selling expenses: Due to revenue growth, the total sales tonnage of products has increased by 36 each year.
45%, freight / loading storage fees increase by 88 per year.
60%; and in the first quarter, the frequency of promotion of gifts, places and provinces increased, and gifts increased by 398 per year.
25%; sales expenses increase by 47 per year.
95%, selling expenses 39.
17 points); 2) Management expense 杭州桑拿网 ratio: Management expenses increased by 4 over the same period of the previous year.
64%, basically kept stable, and management expenses expenditure6.
As the increase in gross profit from revenue growth and optimization of product structure far outweighed the increase in expenses, net profit growth in the first quarter increased.
Product structure upgrade and optimization, and gross profit margin steadily increased: According to the annual report, the company’s Beituo market continued to optimize and develop on the internal basis. In 2018, the overall development situation was good. Beituo market emerged multiple prefecture-level markets with a good development situation.The development of benchmark markets such as Ganzhou is very stable, and many new markets have reached breakeven and even profitability.
Gross profit for the first quarter of 2019 increased by 11,917 annually.
880,000 yuan, gross profit margin increased by 3 in ten years.
Mainly for revenue growth and product structure optimization.
In the first quarter, the company mainly promoted bottled products, and the proportion of bottled product structure with increased profit increased. Among them, the revenue of bottled apple cider vinegar with a higher gross profit among bottled products increased by 98.
97%, the proportion of income structure increases by 9 every year.02 points.
Investment suggestion: The latest latest closing, the company’s city total 48.
03 billion, PE is 12.
4 times, it is recommended to pay attention.
Risk reminders: consumer preferences, risks of changes in consumption patterns; risks of new market expansion; risks of brand image damage
Six amazing “hidden rules” in the beauty industry
Hidden Rule 1 How to treat “Ingredients Panic” Recently, a “shocking” ban list has been circulating on the Internet. Searching with go ogle for “2009 list of banned cosmetics released by the AQSIQ” will get about 111,000 results.
This has caused many consumers to panic and follow suit and stop using and purchasing products on the list.
A few days later, the State Quality Supervision Bureau deliberately set off rumors, claiming that this was a fake news, and hoped that consumers could correctly treat the skincare storm.
Most of the ingredients or products banned by the Quality Supervision Bureau are actually caused by the difference between Chinese and foreign quality inspection standards.
If the ingredients or logos used in foreign brand cosmetics fail to pass the domestic health inspection, they will sometimes be regarded as banned by the Internet and personal changes. There are probably two cases that are prone to this “misunderstanding”:The product ingredient name has not been registered and applied in the China Quality Supervision Bureau, which has failed the audit.
2. The component concentration indicators are different. Ingredients that pass the audit in Europe, America and other countries will be blocked from the door because of the high concentration.
Regarding the “banned cosmetics list” incidents that are popular on the Internet, we do not recommend “rather trusting them”. Instead, we should look at these “rumors” with a rational attitude and scientific arguments.
For example, the resorcinol component of a certain brand D convergence water is not qualified according to China’s domestic quality inspection standards, but this component has passed the quality inspection of the Japanese Ministry of Health and Welfare. It is only because of different standards between countries that it causes problems and cannot.It means it is not safe.
In fact, the ingredients that passed the F DA quality inspection by the Japanese Ministry of Health and Welfare and the United States are very safe and can be safely used.
Then there are some harmful ingredients circulating on the Internet, such as alcohol and hormones. In fact, it depends on how they are used to determine their effectiveness.
Alcohol is a good penetration aid, and phytoestrogens such as soy isoflavones are essential ingredients in many 40+ anti-aging products.
The advent of the “full ingredient labeling” era has provided us with the greatest convenience in distinguishing ingredients. When you see rumors, you may wish to pay more attention to the quality inspection standards of various countries and regions, and do not follow the trend blindly, let Internet rumors influence your normal judgment.
Hidden rules x Mystery shared by the group When it comes to group “share”, this is common in all industries.
Usually, the development of a patent component usually takes 10 years. The time, effort and money of betting cannot be underestimated. It is a pity to use it only for a single series or a single brand.
If these patent ingredients can be shared among the brands within the group, the cost can be greatly optimized, and consumers can spend less money to buy better products. It is not a win-win situation.
Maybe you think that cheap and expensive products have the same ingredients, why should you buy more expensive ones?
Please note that when we talk about ingredient sharing, we mean 1-2 ingredients, not all.
In other words, for example, an automobile brand will have N product lines, and the same engine may be applied to several models.
If you can abandon leather seats, GPS navigation or more enjoyable devices, your car price will be reduced accordingly, but the power of the car will not be weak at all.
Compared to the skin care market, this is also the case. The key core patent components are being shared, but the different auxiliary ingredients and use feelings are the key to the division of the product line into high, medium and low grades.
If you don’t care if the texture of the product is soft and how much the essential oil is put, you can let go and choose some low-priced products. The effect is not necessarily unsatisfactory.
There are only a few large group brands in the beauty circle that have the strength to develop patented ingredients. The most popular ones are the L group with French elegance, the P group with American style, and the delicate and beautiful Japanese group S.
In addition, the Japanese K group has a similar experience.
Maybe if you google it, you will find that many well-known brands around you originally have inextricable relationships with sisters or loved ones.
Hidden Rule 3 Who has ever updated? Because of the unprecedented success and acclaim of the first episode, it seems that the first one a year is an inevitable law. Although many people continue to scold, they believe that the follow-up works are just dogtails.
But every year a new sequel is released and everyone still wants to see what’s in the new episode.
If it is not consumers who like the new and hate the old, there may not be repeated updates of the brand. Each update of the brand will attract new consumers. After all, it is our desire to be unsatisfied that leads to the rules of the game, or the constant stimulation of the brand leads to you.Unsatisfied?
So please stop complaining about why so many brands keep updating.
Of course, cosmetics companies will not just blindly upgrade. Once the marketing staff decides on the “new” angle or “new” demands of new products, they will communicate with the laboratory staff, and then strive to perfect the formula.
There are also skin care products that adhere to the original formula, such as La mer cream, sisley all-around lotion, Estee Lauder’s small brown bottle, Clarins complex muscle essence, etc., which will not be easily upgraded for decades.
However, if one day these products suddenly launched an upgraded formula, you should not be surprised, because the star may also have a “overdue” day, once the star product is outdated (sales decline), cosmetics companies can’t bear it and continueSurviving on the market.
Editor’s suggestion: The key to new product replacement is how to update, whether it is the composition update or the injection of new technology, you need to take a rational view.
Still the old saying, choosing the right one is far more practical than blindly choosing the new one.
Hidden Rule 4 Many signs and certifications of institutions IS O9000, 9001, 9002 . It seems that when you see these signs, you will feel “quality guaranteed”.
The most basic, from Soap Free (soap-free), Franchance Free (no fragrance), Alcohol Free (alcohol-free), to the popular “No Addition”, Parabens Free (no para-benzoic acid antibacterial agent).
Although ingredients such as alcohol, soap, and flavors do not necessarily mean that they are irritating and harmful to the skin, these labels give consumers a more or less shallow impression of quality.
Then there are many natural, organic and environmental certifications, such as Ecocert (French Organic Certification Agency), Soil Association (British Organic Certification Agency), BDIH (German Natural Skin Care Certification Agency), Agrobio (Portuguese Organic Certification Agency), USDA Organic (American organic certification body), Bio-Gro (New Zealand organic certification body) . Under the general trend of natural and environmental protection, it seems that these signs are also one of the “hidden rules” that many natural skin care brands will have.
Organic vegetables in supermarkets are much more expensive, and wanting to come to these certifications has also increased the price of skin care products.It can be said that “multi-certification” is equal to “reliable quality”, but it may not necessarily be equal to “excellent effect”.
No one can prove that with these certifications, we can make our skin better, so why stack up and pay!
I remember when interviewing an expert on a plant brand that it was said that pure natural ingredients are safe, but because some adjuvants cannot be added, there may be problems such as impurities and difficulty in preservation.
If the brand claims that the product does not add any chemical ingredients, it is 100% natural and can solve various skin problems. Well, then you might as well buy some flowers and plants and mash them on a wooden board according to the recipe list.
Editor’s suggestion: If your skin is fragile and sensitive, sorry, you may need to pay more for safe products.
If you are really interested in these demands or certifications, you should go deeper to understand the true meaning behind these marks or certifications, and bring a more objective evaluation of the brand or the product itself.
Hidden Rule 5: Whoever spends ultra-high-tech on seasonal fashion must be much more expensive than the off-season, because in disguise, you are buying cutting-edge and popular.
But if every season is suitable for you, whether it can become a classic, no one dares to pack tickets.
Those who do not accumulate sediment over time are not easy to grind their true essence, as do skin care products.
I have to praise the big brands who keep young for the public’s skin every day, and exhausted their efforts to find all kinds of high-tech technologies, from human DNA structure to the Nobel Prize in Medicine.
Say this year’s Nobel Prize in Physiology and Medicine, the theme of the award is “protecting telomeres and telomerase in chromosomes”.
The so-called telomere refers to a small DNA structure at the end of the chromosome of a cell. Through cell division, telomeres will be lost more and more.
If you can repair and replicate these telomeres, you can keep the cells young and healthy, and humans may even live to 1200 years.
Obediently, it sounds seductive enough, life is prolonged, and skin aging is delayed.
But we do n’t know if the facts are as expected, anyway, there is no more than 1,000 years old Lao Shouxing around me.
High-end technology has always been one of the “hidden rules” that makeup brands like to use. It may have just discovered some scientific evidence, and cosmetics companies will borrow it to become the latest anti-aging product claim.verification.
Especially in recent years, high-tech skin care products have reached the so-called state of fire. In addition to repeated examples, other concepts like stem cells and DNA skin care have also triggered another wave.
People in the industry always pay attention to the latest developments. The first time to transform cutting-edge technology into good medicine for skin care, it has also indirectly set the benchmark for the development of skin care products. It is indeed worthy of praise.
But consumers do not hinder slowing down when choosing, wait and see the development trend before making a decision.
If you are eager to try the magical power of high technology, and be the first to eat crabs, you can spend more money.
Hidden Rule 6: The world ‘s precious and rare ingredients. Whenever a brand launches a new product, you may listen to BAs at the counter saying similar words: “Due to sunlight, years, free radicals ., causing skin aging problems,The latest research found a substance called factor X in the xxx layer of the skin. The factor X can help the skin to slow down. However, after the age of 25, the factor X will become less and less.As a result, the skin is getting older, looser, and more wrinkled . “” After N years of searching, in the horizon, the corner of the earth, the bottom of the sea, we found the xxx plant, this kind ofPlants are rare and rare, and they are hard to see for thousands of years. After continuous experiments and analysis, we found that xxx plants can actually increase the regeneration of factor X in the skin, and make the skin younger and firmer.
We can temporarily divide it into three cases.
First, it is really too rare. I ca n’t wait to bloom once every ten years and bear fruit once every twenty years. Second, the plant is still easy to find, but the effective ingredients are too difficult to extract.Only a few kilograms can get a few grams. Third, geographical restrictions are rare.
If it is the first case, in Lohas, the concept of conservation has become known today, and we continue to use these rare ingredients, wouldn’t we accelerate species extinction?
And these are just to delay skin aging, and it is too sinful.
It is better to develop more raw materials that can be continuously supplied, and I believe that the effect will not differ by 18,000 miles!
The second situation is common and requires a large amount of raw materials and advanced extraction technology.
Brands often artificially cultivate the plants they need. Whether it’s a large botanical garden or a large lake, you don’t have to worry about species extinction.
Because of this, high maintenance costs may be the reason for the high price of such products.
The third case is a bit gimmicky.
As long as it is not a plant that grows around you, it is easy to be mistaken for “rare” by the brand, and distance will indeed create beauty and imagination!
May wish to google the scarcity of plants when you see the leaflet.
Perhaps with the cosmetics industry, marketing has just begun!
These “hidden rules” on both sides are the marketing methods of cosmetics companies, and they are also normal game rules on the market!
Most of the “hidden rules” do not deceive consumers. Cosmetic products companies strive to develop products with a starting point to make the public’s skin better, so don’t lose confidence in this industry and find it with a good attitude.The product that suits you is the most important.
Meridian massage diet can reduce weight
For beginners, a set of meridian massage is provided to break through the stimulation of the body’s meridians and achieve slimming effect.
No matter what your age, you can try it!
But when you get into the actual drill, you can practice some exercises that make your body comfortable, fatigue, and weight loss!
[What is the so-called KHECOLS movement?
This is an acronym composed of K (Ki, Qi) + H (Heaven, Heaven) + ECOL (Ecolgy, Ecology) + S (Somatic, body).
Qi is a kind of energy that can extend all life, and the ultimate goal of KHECOLS movement is that the human body’s gas and natural gas are completely integrated.
The specific method is to breathe and eat, and to do some exercise to stimulate the circulation of blood and meridians.
Start by gently stimulating the body’s meridians, and finally use active gymnastics to promote blood circulation to end the whole exercise.
[Five KHECOLS campaigns]Now we will enter the actual exercise section.
The original content is divided into more starting points, but ordinary people can get very full effect with only five of them.
Start practicing in a calm and peaceful atmosphere!
As long as you continue to practice every day, you will feel comfortable at first, fatigue will disappear, and your weight will gradually begin to decrease.
1, ribs: 1 use your hands to press the thumb between the ribs, and massage from the direction of the two-way to the middle.
The ribs are wrapped in the internal organs like a large bowl.
Therefore, relieving the tension of the ribs may indirectly eliminate the fatigue state of the viscera, and can promote the circulation of blood and blood, thereby bringing waste in the body.
The pressure will also be much reduced.
2 Massage the ribs under the arm to each part of the pelvis in the same way.
There may be pain or trembling of high blood pressure, but be sure to keep doing it until the symptoms disappear.
2, belly: naturally breathing, while stretching your hands, and then in a clockwise direction to draw a circle to rub the abdominal muscles around the navel.
In principle, it is necessary to repeat 36 times, at least 8 times, and until the friction starts to heat up.
3, back: hands on the back, vigorously rub the sides of the vertebrae.
Relieve the tension in the waist and enhance kidney function.
4, legs: 1 The right leg is bent and stretched to the ground, and the left leg is naturally bent.
Place the right elbow on the thigh where the bone joint and the pelvis are connected.
Gently punch in the right hand, and hold the right hand with your left hand and press down hard, so that it is strongly stimulated.
If the upper body is swung forward while being pressurized, the effect of weight reduction due to the weight of the upper body is more pronounced.
2 Move down to the top of the bone and massage the bones.
Use the thumb of both hands to massage the fracture and bone injury.
Massage down to the arch of the foot in the same way.
3 Reverse the right leg and massage the muscles outside the thigh.
Use the lower half of the right arm to push from the pelvis to the orientation.
The muscles on the outer side of the thigh are well developed, so the upper and lower sides of the upper and lower sides gently swing the upper body for pushing, the effect will be more significant.
If the arm is not attached to the thigh, then you can use your thumb to push.
4 Lift the pressure up and massage the muscles tangled in the back of the thigh.
Massage the middle part of the entire muscle from the pelvis to the bone with four fingers.
About the time and frequency of yoga practice
There should be no particularly strict rules on time and frequency.
For example, yoga requires one hour before or after a long period of time without food, which is beneficial to certain movements and you want to get.
For those who have a strong desire to lose weight, it is best not to eat for three to four hours before and after exercise, because the aunt can be mobilized to participate in exercise consumption without preserving energy in advance. After exercise, the functional organs of the internal organs of the body are strengthened, including the absorption organs.If you eat immediately, your body will absorb too much.
As for the anal deed, the breathing method or eye health function can be performed at any time as long as you have time.
The number of exercises should be guided by your own feelings. Any kind of action has different degrees of effectiveness on different people, which is determined by your own physical condition.
The time limit is relatively speaking.
If you fail to follow these standards you can continue your exercise.
One hour before eating, this means don’t eat immediately after exercising, you need to rest and relax your body. If you are hungry or must eat, go eat well, but don’t eat too fast.
In the exercise 2 hours after eating, it means, don’t let your stomach work out while working. If the stomach works out while working out, the body will often overburden and cause illness or easily cause adverse effects, even food.Can not be absorbed well, the body is easily fatigued during exercise, it is not easy to concentrate, and so on.
If you eat little or easily digested food, they will digest it quickly.
This usually takes about 30-`120 minutes, and you can master it.