[Milk boiled egg flower]_Egg flower_How to do

銆 愮 坛 濂 咜 哜 嬔 嬭 姳 銆 哔 嬭 姳 _ 許 庝 箞 锅?
In the world, the altar is very sloppy, and the rugged, rugged, rugged, rugged, rugged, rugged, rugged, rugged, terrible, and terrible ╄汉閮戒細鍚冪墰濂跺拰楦¤泲鏉ヨˉ鍏呰嚜韬殑铔嬬櫧璐紝杈惧埌寮鸿韩鍋ヤ綋鐨勭洰鐨勩€傝€屼笖鐗涘ザ鍜岄浮铔嬩竴璧锋惌閰嶇殑锛屽悆楗篃鏈夊緢澶氾紝浣嗘槸涓€浜涗汉鍠滄灏嗙墰濂跺拰楦¤泲涓€璧锋斁鍦ㄩ 樨 樀 叜 咜 厜 鎴 愮 Tan 擂 擔 哭 嬭 劳 劆 傞 偅 咔 堢 圂 Tan 揂 Changing around the Han Huan 撴 湁 瀹 鏄  湆 敆 ╁╁鍥犱负鐗涘ザ鐓哺浠ュ悗铔嬬櫧璐ㄥ彉鎬т細鎹熷け寰堝钀ュ吇锛屾墍浠ヤ竴鑸墰濂朵笉鎻愬€$叜娌镐互鍚庨ギ鐢紝浣嗛浮铔嬪張瀵归珮娓╂湁瑕佹眰锛屾墍浠ヤ负浜嗕繚璇佽惀鍏伙紝寤鸿鍒嗗紑鍔犲伐锛屼笉瑕佺敤鐗涘ザ鐓浮铔嬨€傜墰濂剁叜楦¤泲鑳戒竴璧峰悆鍚楄繖涓棶棰?鐩墠杩樻病鏈変笓瀹惰兘澶熸嬁鍑鸿瘉鎹瘉鏄庨浮铔嬪拰鐗涘ザ涓€璧峰悆鏈夊杩樻槸鏈夊埄銆備絾鐩墠澶у鏁颁汉鍊惧悜浜庨浮铔嬪拰鐗涘ザ鑳戒竴璧峰悆鐨勮鐐广€傚鏁颁汉璁や负鐗涘ザ鍙互涓庨浮铔嬪悓椋?鍥犱负涓よ€呴兘鏄紭璐ㄧ殑楂樿泲鐧介鍝?鍚岄鏈夊埄浜庡寮轰綋璐ㄥ強鐥呭悗鎭㈠,骞跺缓璁笌涓€浜涗富椋熷悓椋?浣垮叾涓殑浼樿川铔嬬櫧寰楀埌鏇村ソ鏇村悎鐞嗙殑鍒╃敤銆傛湁閮ㄥ垎浜鸿涓洪浮铔嬪拰鐗涘ザ涓嶈兘涓€璧峰悆,鍥犱负涓よ€呬竴鍚岄鐢ㄤ細闄嶄綆涓よ€呯殑钀ュ吇鎴愬垎,浣嗘槸杩欎釜瑙傜偣鐩墠娌℃湁寰楀This is the most important part of the chain, and the key is not so good, or the peak of the mountain is so high, and it’s not easy to do it.  闢 緢 咅 嶅 吢 鐢?浼氬韬綋浜х敓鍗卞銆傛渶濂戒笉瑕佹妸鐗涘ザ鍜岄浮铔嬩竴璧风叜鐫€鍚冦€傚洜涓虹敓楦¤泲鍙兘甯︽ Tweezers tweeting inch 鋾 勄 勬 Looking at the ㄦ 皬 chisel?杩 欑  缁 咜 咄 勬 搏 鐏 Effectiveness of the sorrows, the sorrows sorrows sorrows sorrows sorrows sorrow sorrows sorrows sorrows sorrows sorrows sorrows sorrows sorrows sorrows sorrows sorrows sorry, Stupid, stupid, stupid, stupid, stupid, embarrassed, stupid, stupid, embarrassed, sorrowful, sorrowful, sorrowful, sorrowfulYou will be told, and you will be able to find out how to do it, and how to use it to make a difference.What is the effect of sue and sue?涓嶈兘椋熺敤鐗涘ザ鍐查浮铔嬨€傛湁涓撳鎸囧嚭,鐗涘ザ鍔犻浮铔嬬殑鏃╅骞朵笉绉戝,铔嬬櫧璐ㄩ毦浠ユ彁渚涜兘閲忋€傜幇鍦ㄦ湁瓒呰繃9%鐨勪汉鏃╀笂鍙悆鐗涘ザ鍔犻浮铔?Qi   闀 湡 湡 鍦 ㄦ 椭 椁 愪 腑 瓅 咅 劆 傜 璡 曩 围 倶 戶 擃 哄哄 哶 哄 傶 尶 参 参 参 凷 凷 凔 凷 凷 凷 凷 凷 凷 凷 凷 凷 凤鏃╂櫒鐨勪汉浣撴€ラ渶闈犲惈鏈変赴瀵岀⒊姘村寲鍚堢墿鐨勬棭椁愭潵閲嶆柊琛ュ厖鑳介噺,鑰岀墰濂跺拰楦¤泲涓嶈兘鎻愪緵瓒冲鐨勮兘閲忋€傚洜姝ゅぇ瀹剁殑鏃╅瑕佽姹傝惀鍏诲潎琛°€?銆侀浮铔嬩笉鑳藉拰浠€涔堜竴璧峰悆楦¤泲涓庤眴娴嗕笉鑳藉悓鍚?璞嗘祮鎬у懗鐢樺钩,鍚湁涓板瘜鐨勬鐗╄泲鐧姐€佽剛鑲€佺淮鐢熺礌銆佺⒊姘村寲鍚堢墿銆佺熆鐗╄川绛 夊  Creepy painting 鍚 鍚 鍒?鍗曠嫭楗敤鍏锋湁寰堝己鐨勬粙琛ヤ綔鐢ㄣ€備絾鏄叾涓湁涓€绉嶇壒娈婄墿璐ㄥ彨鑳拌泲鐧介叾,涓庤泲Do you want to donate money to the world, and you will become thinner and thinner? Do you want to go?浠庤€岄檷浣庝簩鑰呯殑钀ュ吇浠峰€笺€傞浮铔嬩笌鐧界硸鍚岀叜楦¤泲鍜岀櫧绯栧悓鐓?押 擼 欔 嬬 嬬 姬 槠 渠 咄 勬 鍩 鍩 Hong 吀 褰 ㈡ 垚 鏋 揸 獸 鍩 Hong 禆 姘 ㄩ 各 嬭 粨 钖 囧 儕 囕 囧 囆 囧 囕 囂 儂What are you looking for?瀵瑰仴搴蜂細浜х敓涓嶈壇鐨勪綔鐢ㄣ€傚洜姝?楦¤泲涓庣櫧绯栧悓鐓槸涓嶅悎鐞嗙殑銆傞浮铔嬩笉鑳藉拰鍏旇倝鍚屽悆銆婃湰鑽夌翰鐩€嬩腑璇?鈥滈浮铔嬪悓鍏旇倝椋熸垚娉勭棦銆傗€濆厰鑲夋€у懗鐢樺瘨閰稿喎,楦¤泲鐢樺钩寰瘨,浜岃€呴兘鍚湁涓€浜涚敓鐗╂椿鎬х墿璐?Sorry, argon, sorrowful?Are you stupid?寮曡捣鑵规郴鍝︺€?銆佺墰濂朵笉鑳藉拰浠€涔堜竴璧峰悆鐗涘ザ涓嶅疁鍜屾灉姹佸悓椋?鐗涘ザ灞炰簬閰告€чギ鏂?瀹规槗浣胯泲鐧借川鍑濈粨鎴愬潡浠庤€屽奖鍝嶈泲鐧借川鐨勫惛鏀?闄嶄綆鐗涘ザ鐨勮惀鍏汇€傜墰濂朵笌鏋滄眮鍚岄杩樺鏄撳嚭鐜拌吂娉汇€佽吂鐥涜吂鑳€绛夌棁鐘躲€傚Sui Cang Qiu Chong Chong Chong Cui, 唙 堟 唂 唽 遇 姉 姹?鏈€濂介棿闅斾竴涓皬鏃躲€傜墰濂朵笉搴斾笌鑽墿鍚岄:鐢ㄧ墰濂堕€佹湇鑽墿,浼氶檷浣庤嵂鐗╁湪琛€娑蹭腑鐨勬祿搴?It ‘s hard to find the key, the key is the real one, and the chain is very powerful. It ‘s hard to find out what is going on, what ‘s going on.胯嵂鐗╅毦浠ヨ鑲犺儍鍚告敹,鐢氳嚦鏄牬鍧忚嵂鐗╃殑鑽€с€傛湇鑽墠鍚庝竴涓皬鏃舵渶濂戒笉瑕What are you talking about in the altar?This is the only way to read and write, and it ‘s just that you ‘ve just set it up. You ‘ve just set it up.Trickle?涓嶅埄浜庡仴搴枫€傝€屽ザ绫讳腑闄や簡杩樻湁杈冨鐨勯挋澶?The 栩 樈 惈 Chao just inlaid?涓庨厭鍚屽悆瀹规槗浣胯剛鑲悜鑲濅腑娴佸叆閲忓鍔犮€傝彔鑿滀笌鐗涘ザ涓嶆惌:鍚冭彔鑿滃悗鍠濈墰濂?Sorry, it ‘s so beautiful鑿犺彍鍚湁鑽夐吀,涓よ€呭悓椋熶細缁撳悎鎴愪笉婧舵€ц崏閰搁挋,鏋佸ぇ褰卞搷閽欑殑鍚告敹銆?

[Can you eat persimmon if you have a bad stomach]_Stomach_Can you eat

銆愯儍涓嶅ソ鑳藉悆鏌垮瓙鍚椼€慱鑳冪梾_鍙互鍚冨悧
鏌垮瓙鍦ㄥ澶╃殑鏃跺€欏氨浼氬紑濮嬫寕鏋滐紝涓€鐩磋鍒扮瀛f墠鎴愮啛銆傛湁鍚嶇殑鏌垮瓙浜у湴閮芥槸闆嗕腑鍦ㄥ寳鏂癸紝鍗楁柟鏈夌殑浜哄涔熶細鍦ㄩ棬鍓嶇涓€涓ら鏌垮瓙锛屼絾鏄崡鏂圭殑鏌垮瓙鍗充娇鍦ㄦ垚鐔熷悗涔熸€讳細鏈夌偣鑻︽订鐨勬劅瑙夈€備笉姣斿寳鏂圭殑鏌垮瓙涓ご澶э紝鍛抽亾鐢溿€傛熆瀛愬What’s the difference between the bibi and the bizarre version of the Chinese version? It’s a version of the Chongqin version. It’s a bit stupid. What are you doing? Are you talking about each other?What’s the difference? What’s the difference? What’s the difference? What’s the difference? What’s going on? What’s going on? What’s going on? What’s going on? What’s going on?涓嬮潰灏辫窡鐫€灏忕紪涓€璧锋潵浜嗚В涓€涓嬪惂銆傝儍鐥呰兘鍚冩熆瀛愬悧?The chain is stupid, and it’s hard to beat. It’s very effective. It’s very effective. You can’t do it. You can’t do it. You can’t do it by clicking on it.Negative impacts, and the chains are cracked, and the drafts are strong. The umbrellas, the rules, the arms, the arms, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, and the keys to the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys, the keys to the keys, the keys to the keys, the keys to the keys, the keys to the keys, the keys to the keys, the keys to the keys, the keys to the keys, the keys to the keys, the keys to the keys, the keys to the keys, the keys to the keys, the keys to the keys.澹佸垎娉屾洿澶氱殑鑳冮吀锛屽苟涓旈灒閰稿拰鏋滆兌浼氬湪鑳冮吀鐨勪綔鐢ㄤ笅褰㈡垚鑳冩熆鐭炽€傚鏋滆儍鏌跨煶鏃犳硶鑷劧琚帓鍑猴紝閭d箞灏变細閫犳垚娑堝寲閬撴闃伙紝鍑虹幇涓婅吂閮ㄥ墽鐑堢柤鐥涖€佸憰鍚愩€佺敋鑷冲憰琛€绛夌棁鐘讹紝鎵€浠ヤ笉鍏夋湁鑳冪梾鐨勬偅鑰呬笉鑳藉悆鏌垮瓙锛屾病鏈夎儍鐥呯殑鎮h€呬搃 搴 旇  Hao 戆 柆 擆 擙!鏌垮瓙鍦ㄦ按鏋滀腑鐢滃懗灞呴浣嶏紝鏁呰瑾変负鈥滄渶鐢滅殑閲戞灉瀛愨€濄€傛熆瀛愭槸绉嬪ぉ鐨勬椂浠ゆ According to the ruggedness of the world, the world is full of , adjective, , forged, stolen, stolen, stolen, rich, flawed, unacceptable, negative, unacceptable, exaggerated, and beaten, swollenFine tweezers: Identify and order: Do you know how to make a quick fix?  洿 鎺 ラ  鐢?娑╂熆鍒欓』浠ヤ汉涓哄姞宸ユ柟寮忚劚娑┿€傛熆瀛愭槸涓€绉嶇敓娲ユ娓达紝娓呯儹姝㈣鍔熸晥鐨勬按鏋滐紝涓嶈繃鏌垮瓙铏界劧濂藉悆锛屼絾鏄笉鑳藉鍚冪殑锛屽悆澶氫簡鍙槸浼氬紩璧峰緢澶氫笉鏄殑鍝︺€傜粡甯搁ギ閰掔殑鏈嬪弸鍙互鍚冧竴鐐规熆瀛愶紝鍏锋湁瑙i厭鐨勫姛鏁堛€傞鐢ㄦ熆瀛愮殑绂佸繉锛?銆佹渶濂戒笉瑕佺┖鑵瑰悆鏌垮瓙锛氱┖鑵规椂鎴戜滑鐨勮儍閰镐細鍒嗘硨澧炲涓旀鏃舵祿搴﹂珮锛岃€屾熆瀛愪腑鍙堝惈澶ч噺鐨勫崟瀹佸拰鑳惰川杩樻湁涓€浜涘叿鏈夊彲婧舵€ф敹鏁涘墏鎴愪唤锛屽涓庢垜浠儍娑蹭腑鐨勯珮娴撳害铻嶅悎锛屾湁鏈虹巼瀵艰嚧缁撶煶锛屾鏃剁粨鐭冲彲鑳戒細鍫靛骞介棬锛屾妸鑳冨帇鍗囬珮锛屼娇寰楁垜浠湰韬嚭鐜拌儍鑳€鑳冪棝绛夋儏鍐碉紝濡備綍鎯呭喌涓ラ噸鐨勮瘽鍙兘杩樹細寮曡捣鑳冪粨鐭炽€佽儍婧冪枴銆佽儍鍑鸿銆佺瓑涓€浜涗弗閲嶇殑鐥呯棁鍑虹幇銆?The problem is that the chain crashes and crashes. The chain of chains is very difficult to read, and it ‘s easy to read it. It ‘s a good idea. It ‘s a good idea.娇鍜屽彛鑵旈兘鏈変笉鍒╁奖鍝嶏紝涔熷彲鑳戒細褰卞搷鎴戜滑鐨勯娆层€傝繕鏈夛紝鏌垮瓙涓殑鐨勯灒閰稿浜轰綋鐨勯挋銆侀晛绛夊井閲忓厓绱犵殑鍚告敹鐨勫奖鍝嶏紝瀹规槗瀵艰嚧鎴戜滑韬綋鐨勮惀鍏讳笉鑹€傛€荤粨锛氫粠涓婇潰鐨勬枃绔犳垜浠彲浠ョ湅鍑烘潵锛岃儍鐥呮槸涓嶈兘鍚冩熆瀛愮殑锛屾熆瀛愯櫧鐒惰惀鍏讳环鍊奸珮鍙堝ソ鍚冿紝浣嗘槸涓€瀹氳娉ㄦ剰锛屾熆瀛愬悆澶氫簡瀵硅韩浣撴湁寰堝涓嶅ソ鐨勫奖鍝嶏紝鍥犳鍦ㄩ鐢ㄧ殑鏃跺€欒繕鏄娉ㄦ剰銆?

[Lotus octopus porridge with pork feet]_ lotus root porridge _ octopus _ practices Daquan

銆 湯 咉 默 Kong 揷 揷 Shoulder 尴 鰴 氱 Soaked 銆 慱 銮 茶 棔 綔  鍏  埅 泸 鳭 氭 桶 澶 у 叏
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CITIC Securities (600030) Half-yearly Report Review 2019: Revenue Improves MoM, Reduces Profits, High Cardinal Institution Impact Elasticity

CITIC Securities (600030) Half-yearly Report Review 2019: Revenue Improves MoM, Reduces Profits, High Cardinal Institution Impact Elasticity

Event: On 北京夜网 the evening of August 22, 2019, the company released the 2019 semi-annual report, and achieved operating income of 217 in the first half of 2019.

91 ‰, an increase of 9 in ten years.

00%; net profit attributable to mother is 64.

45 ppm, an increase of 15 in ten years.

82%.

As of the end of the first half of 2019, the company’s total assets were 7,238.

660,000 yuan, an increase of 10 over the end of last year.

83%; net assets attributable to mother 1560.

00 ppm, an increase of ten years.

87%.

In the first half of 2019, the company’s EPS was 0.

53 yuan / share, an increase of 15 in ten years.

33%; the expected ROE is 4.
.

09%, an increase of 0 over the same period last year.

45 points.

Key points of investment: The revenue growth rate slightly expanded in the earlier quarter, but the performance 武汉夜网论坛 was not as good as the overall industry level: the company achieved operating income of 217 in the first half of 2019.

9.1 billion, an annual increase of 9.

00%, an increase from the first quarter (8.

(35%, year-on-year) has increased, mainly due to the second quarter’s net asset management revenue, index revenue and other business income increased (+5.

62% / 64.

73% / 487.

87%, QoQ), driving the second quarter’s operating income to grow 7% sequentially.

09%.

However, the company’s operating income growth rate is far below the overall industry level (41.

(37%, year-on-year), with the exception of asset management and other businesses, the growth rate of each business is lower than the industry average, especially in the brokerage and self-operating business, which is weak, mainly due to the high proportion of institutional business and a large number of stable investment styleAnd high cardinality.

The growth rate of net profit narrowed substantially, the net assets increased slightly, and the profitability was weak: the company achieved a net profit of 64 in the first half of 2019.

4.6 billion, an annual increase of 15.

82%, an increase from the first quarter (58.

(29%, year-on-year) The actual narrowing was mainly due to the increase in long-term operating expenses from the previous quarter, which resulted in an increase in net profit margin from the previous quarter.

88pct to 29.

58%, far below the industry’s 37.

25%.

The combination of other comprehensive income and undistributed profits increased slightly, and net assets improved slightly (1.

87%, YoY), the company’s annualized ROE in the first half of 2019 was only 4.

17%, lower than 6 in the industry.

80%.

Both the volume and price of the brokerage business fell, and the proportion of institutional clients declined slightly: we repeated the stock-based transaction volume based on the semi-annual report8.
Calculated at 2 trillion, the company’s share-based trading volume accounted for market restructuring5.
55%, 0 compared with the same period last year.

54 points, commission of gold million 4.

60, an average of 1 in tens of thousands compared with the previous year.

49. The fall in both volume and price caused the company’s brokerage business to perform weakly in the first half of the year, falling 7 times.

62%.

It is expected that this is mainly due to the high proportion of corporate institutional customers, although the agency account for securities transactions in the first half of 2019 decreased in the initial period.

29pct, but still maintained at 44.

The high level of 07%, and this year’s fast-growing market, retail trading activity is much higher than institutions, a higher proportion of institutions leads to poor flexibility of the brokerage business, but in the long run, performance stability is better.

The investment bank leader is still solid and the project reserves are abundant: In the first half of 2019, the company’s investment bank business leader was solid, and the main underwriting allocation scale was 1,228.

6.9 billion yuan (including private placement of assets), with a market share of 20.

13%, ranking first in the market; 4,528 underwriters of various types of credit debt.

6.9 billion yuan, market share4.

92%, ranking first in the industry.

According to wind statistics, as of August 22, 2019, the company’s main board reserve projects were 136, and the number of science and technology board services was 14, both ranking third in the industry, and the subsequent investment bank project reserves are abundant.

The growth rate of self-operated investment yield growth industry, the reduction of holdings in the second half of the year will increase investment income: the first half of 2019, mainly affected by a low base, the company’s self-operated business income growth rate (+40.

11%) is below the industry average (110.

02%), but from the perspective of investment capacity, the company’s self-invested return on investment (5.

95%) previous industry (4.

48%).

Taking into account the reduction of CITIC Construction Investment’s shares in the second half of the year, based on the current price, the equity value is 8 billion, taking into account the book cost of 2.7 billion US dollars, the estimated investment income is expected to be 54 billion yuan, which will increase revenue by about 15%.

Funds are the main source of income for big asset management, and asset management is still in a transition period: in the first half of 2019, the company realized asset management business income26.

6.6 billion, a decline of 8 per year.

41%, of which 19 realized fund income.

5 billion yuan, accounting for 73.

12%, a slight increase of 0 a year.

09%, income from other asset management business was 7.

17 trillion, an average of 25 percent in ten years.

55%, mainly due to the relatively high rate of collective fund management accounted for the initial period of 0.

88pct, the company’s asset management business is still in a transition period.

The scale of financing business has increased, and the cost of capital has advantages: in the first half of 2019, the company achieved net interest income13.

7.8 billion, an annual increase of 47.

38%, mainly due to the increase in the size of Liangrong and the stock pledge business, the financing funds increased by 0 in the first quarter.

71%, an increase of 12 earlier.

75%, buy-back financial assets increased by 5 compared with the first quarter.

69%, an increase of 56 earlier.

58%.

At the same time, from the perspective of interest rates, Liangronghe’s stock pledge rate has decreased from the previous year (-0.

98 / -1.

69pct), but because the company’s financing cost exceeds the industry, it can still exceed the stable spread and has a competitive advantage on the capital side.
The acquisition of the Wide Area Certificate is expected to share the reform dividends of Shenzhen and the Greater Bay Area, and employees’ incentives will help improve operating efficiency: If the company successfully acquires Guangzhou Securities, it will strengthen the company’s strength in southern China and share many policy dividends such as Shenzhen and the Guangdong-Hong Kong-Macao Greater Bay Area.
The company released the draft employee shareholding plan on March 4. If successfully implemented, it will help the company bind high-quality talents, stimulate the vitality and enthusiasm of employees, and the boots will promote the company’s improvement of operating efficiency and profitability.

Profit forecast and investment advice: Although subject to factors such as a low base, a high proportion of institutional business, and a number of robust investments, the company’s performance is not as good as the overall industry level, but the company’s leader is still difficult to shake, and the company’s performance in the long runThe stability is stronger, and under the guidance of many policies that support the advantages and disadvantages, the stronger the stronger, the Matthew effect of the industry is increasing.

Considering that the company’s holdings in the second half of the year are expected to increase US $ 50 billion in revenue, the acquisition of Guangzheng will share the reform dividends of Shenzhen and the Greater Bay Area, implement employee incentives to improve operating efficiency, and benefit from the leading brokerage firms in the financial supply-side structural reformFactors, we are optimistic about the company’s development, predicting that the company’s EPS for 2019 and 2020 will be 1.

05 yuan / share, 1.

20 yuan / share, corresponding to PE of 21.

56X, 18.

86X; BVPS is 12.

93 yuan / share, 13.

10 yuan / share, corresponding to 1 PB.

76X, 1.

73X, maintaining CITIC Securities’ “Buy” investment rating.

Risk factors: Breakthrough friction exceeds expectations, market fluctuations exceed expectations, and industry competition risks.

China Shenhua (601088) Third Quarterly Report Review: Third quarter net profit attributable to mothers hits record high. Steady leader value is prominent

China Shenhua (601088) Third Quarterly Report Review: Third quarter net profit attributable to mothers hits record high. Steady leader value is prominent

Event: On the evening of October 28, the company released the third quarter report of 2019, reporting a series of reports, and the company achieved operating income of 1778.

49 trillion, down 8 every year.

36%; profit totals 550.

5.3 billion, down 1 year.

61%, net profit to mother 370.

88 ppm, an increase of 5 per year.

13%, net profit 353 after excluding non-recurring gains and losses.

69 ppm, a decrease of 1 per year.

0%; net cash flow from operating activities was 567.

5.7 billion, a year-on-year decrease of 16.

31%; basic return 1.

87 yuan, an increase of 5 per year.

1%.

The company’s third quarter net profit attributable to its mother realized 128.

450,000 yuan (4 years ago.

42%), a record high of nearly 6 in the past.

Opinion: The slight decline in the volume and price of coal in the first three quarters resulted in a slight fluctuation in the profit of the sector.

In the first three quarters of 19, the company’s coal segment achieved operating income of 1454.

69 ppm, down 10 years ago3.

5%, gross margin is 28.

6% increased by 0 compared with the same period last year.

1 unit.

The company achieved commercial coal production in the first three quarters2.

1.4 billion tons (-2% year-on-year.

7%) and sales 3.

3.2 billion tons (-2% year-on-year.

4%), both decreased slightly, initially because of the impact of land acquisition progress on mining sites, the commercial coal output of Shengli No. 1 open-pit mine declined; due to the progress of production certificate renewal, the commercial coal output of Wanli No. 1 mine declined;As conditions changed, commercial coal production at Bultai Mine declined.

In the first three quarters, the proportion of the company’s Changxie coal was basically stable, and the annual sales volume of the Changxie coal was 1 each year.

6.1 billion tons (48% of sales.

6%) and 1.

3.1 billion tons (39% of sales.

5%), a high percentage of Changxie Coal helped the sector’s performance stabilize.

From the perspective of coal prices, the company’s coal segment achieved an average sales price of 426 yuan / ton (excluding tax) in the first three quarters (the first three quarters of 2018: 431 yuan / ton), a decrease of 1.

2%.

;;; Due to the increase of open-pit coal mines such as Harwusu, the price of coal production electricity in Inner Mongolia increased, and the output of Shengli Open-pit Mine increased due to the increase in unit production cost, and the company’s raw material, fuel and power costs increased23.

3%.

In the long run, the company’s coal production is stable. Against the background of tight supply and demand in the coal industry, coal prices are likely to continue to run at high levels, and the company’s coal sector profitability continues.

In the first three quarters, the gross profit margin continued to increase, and the power sector still maintained its superior asset advantage. Mainly affected by the completion of the company’s joint venture with Guodian Electric Power Company, the equity and assets of the thermal power company invested by the company totaling 30,530 MW units are no longer separated from the statistical scope; the company achieved 1,166 power generation in the first three quarters.

500 million kWh (-45 compared to the same period last year).

40%), sales of 1093.

400 million kWh (-45 compared to the same period last year).

45%), with an average electricity price of 333 yuan / MWh, an increase of 5 over the same period in 18 years.

8%, of which coal-fired generating units generate an average of 323 yuan / MWh per ton, an increase of more than 5%.

41%, the average cost of electricity sales is 257.

3 yuan / MWh (YOY 1.

4%), in the first three quarters of 2019, the company’s electricity sales price increased, and the power sector still maintained the advantage of high-quality assets.

Revenue from the power sector before consolidation was 383.

03 billion (YOY -41.

3%), gross margin of 26.

2%, an increase of 4 over the same period in 18 years.

3 units.

The preliminary integration and development of roads, ports, and airlines led to impressive performance in the railway sector.

In the first three quarters, the company’s coal chemical, port and operating income were 43.

500 million, 44.

400 million, 24.

2 trillion, the annual growth rate is 1.

2%, -3.

0%, -20.

4%, gross margins were 22 respectively.

0%, 59.

7%, 12.

6%, an increase of -0 respectively in the earlier period of 18 years.

5, 1.

7, -11.

3 units.

In the first three quarters, the company’s railway segment revenue and gross profit increased by 3 respectively.

5% and 3.

1%, affected by the rising proportion of profits of the railway segment, the company’s average yield in the first three quarters of 2019 was 20.

3% (corresponding period in 2018: 22.

8%), a decrease of 2.

5 units, the company’s railway sector performed well.

We expect that with the opening of the company’s Huangda Railway, the company’s performance will continue to increase, and the roads, ports and airlines will initially integrate and develop in a coordinated manner.

Resistivity continued to decline, and cash cow properties strengthened.

As of the end of the first three quarters of 2019, the company’s asset-liability ratio was 26.

1%, a significant decrease of 5.
.

0 units; net cash flow from operating activities after the impact of Shenhua Finance Corporation was 535.
27 trillion, up from 582 in the same period of 18 years.
3.3 billion down 8.

1%. Due to the reduction of the company’s operating capacity and the holding of a large amount of cash, interest income from deposits increased in the first three quarters, which increased more and decreased, and the company’s financial expenses in the first three quarters decreased by 45.

7%; the current company’s dividend rate is 40%, cash redundancy, and interest-bearing debt are further reduced. In 2019, the company expects capital expenditures of 27.1 billion, the company’s cash flow is plentiful, and the operation is stable. We expect the future operating cash flow coverage index and capital expenditure to be very sufficient., The company’s dividend rate is expected to increase, the company’s cash cow attributes continue to strengthen.

Profit forecast and rating: Considering the company’s joint venture 重庆耍耍网 to establish a power company, the reduction of installed power capacity will affect the company’s overall performance, but due to the company’s outstanding integrated operation advantages, the company’s profitability will remain basically stable in the future. We expect the company’s operating income in 19-21 will be2317.

27, 2406.

34, 2464.

3.8 billion, net profit attributable to mothers was 439.

10, 443.

11,452.

1.7 billion, the diluted profit income is 2 respectively.

21 yuan, 2.

23 yuan, 2.

27 yuan.

We are optimistic about the company’s preliminary integrated business model of port and shipping. Under the background of high and volatile coal prices, the company’s coal, power and transportation sectors are synergistically transformed. The company ‘s profitability remains stable and the company ‘s “overweight” rating is maintained.

Risk factors: First, the macro economy exceeded expectations, second, the coal price fell more than expected, and third, the company’s mine mining safety impact.

Reasonable sleep and physical and mental health

Reasonable sleep and physical and mental health

Sleep is essential for everyone.

The important effects of sleep on human physical health are as follows.

.

hzh {display: none; }  消除疲劳 在日常生活中,在身体状态不佳时,或在剧烈运动后感到疲惫不堪时,如果能美美地睡上一觉,则体力和精力就会很快得到回复.
This is a body of tissues and organs in the body, which are constantly undergoing physiological activities, and a large amount of metabolic waste is accumulated. When these wastes such as lactic acid are accumulated to a certain extent, people will feel fatigued. This is the human nervous system.Protective response to the accumulation of metabolic waste in the body. If you do not stop at this time to rest, you will damage the physiological function of the human body, malfunction the nervous system, and reduce the human body’s resistance.

  Preventing and eliminating diseases has a regular life. Adequate sleep can prevent the occurrence of diseases, and prevent and improve the existing diseases.

In our daily lives, we fall asleep after catching a cold, and most of us can find that the symptoms are much relieved after waking up.

This is not without reason.

When people get sick, the muramic acid regenerated by bacteria will increase, which will increase sleep, and the immune process of the body will also increase considerably, which will help the cure of the disease.

  Promoting the development of a child in the period of physical growth and development, the physical development of the child is closely related to the quality of sleep.

The growth and development of children is controlled by growth hormone, and the redundancy of growth hormone secretion is better for children. If the growth hormone secretion is reduced, the child’s growth and development will be retarded.

Most of this growth hormone, which promotes growth and development, is secreted during sleep, and after waking up, the secretion is reduced or stopped.

Therefore, in order for a child to grow well, he must get enough sleep.

  Improving the work efficiency of an individual, the agility of receiving and responding to things, and the ability to remember and think are all closely related to his sleep.

Especially for young students, the level of their IQ, the quality of their academic performance is more closely related to the amount of sleep.

Children’s organs are immature, prone to fatigue, and the brain is effective. When asleep, nerve cells in the cerebral cortex are in a protectively inhibited state and will be supplemented with energy and blood oxygen. After fatigue is eliminated, the brain will have higher excitementSex.

Such a child’s good sleep is related to his intellectual development. Therefore, in order to make the child’s academic performance better, the parents of each elementary student must first let the child sleep well.

  Prolonging life In a person’s life, there is about allotted time for sleep. This is considered to be a waste of time by a person who cherishes time, but it is not.

If a person does not get enough sleep, his life can be significantly extended.

Modern scientific research confirms that all physiological activities in the body during sleep will slow down, and it is in the process of recovering and re-accumulating energy.

If diabetes does not sleep or insomnia, the milder can cause nervous system dysfunction, reduce the body’s immune function, and the severer can cause death.

Some people found that the blood of people with insufficient sleep increased their total plasma lipids, lipoproteins, and plasma, which are the main factors leading to arteriosclerosis. Therefore, moderate sleep is conducive to prolonging life.

Experts explain that children should use certain insect repellent toilet water

Experts explain that children should use certain insect repellent toilet water

After entering the summer, the mosquito repellent toilet water that combines mosquito repellent and cooling effect into one is also entering the sales season.

However, recently, a lot of netizens have discussed on parent-child websites, “I heard that the United States explicitly prohibits young children from using mosquito repellent products added with mosquito-aid.” Some netizens specifically reminded mothers that “special purchases are not required for children.Mosquito toilet water.

“What exactly is DEET?

How to choose mosquito repellent toilet water?

  There are two types of mosquito repellent on the shelves of mosquito repellent water in the supermarket. The reporter saw that there are mainly two types of mosquito repellent sold in the market: repellent amine and mosquito repellent.

For example, the outer packaging of Liushen mosquito repellent water is marked with “mosquito repellent ester content 4”.

5% “, Johnson & Johnson baby mosquito repellent lotion is marked” mosquito repellent ester content 11.
“.

5% “; while the Longliqi mosquito repellent toilet water is labeled with” 5% repellent amine “, the European mosquito repellent solution is” 7% repellent amine “, Baique Ante silently mosquito repellent toilet water is” 8% repellentMosquito. ”

  DEET: What is the difference between DEET and DEET?

Wang Jun, deputy chief physician of the Department of Neurology at the Guangdong Provincial Corps Hospital of the Armed Police, said that avoiding mosquitoamine is a widely used insecticide, which works by interfering with the insect’s olfactory receptors and can make mosquitoes lose their special odor to humans or animals.

It was invented by the U.S. military during the Second World War and later used in the Vietnam War.

  However, the scientific community has never questioned the safety of this mosquito repellent, and there are restrictions on the use of this mosquito in children’s mosquito repellent products in many countries.

For example, studies by British scientists have shown that avoiding mosquitoamine can inhibit the activity of a key enzyme in the central nervous system, and it is considered necessary to re-investigate the safety of this mosquito repellent.

The US Food and Drug Administration requires infants under two months of age to not use DEET products.

Canada’s Child Health Agency also rules that infants under 6 months of age cannot use DEET products.

  In addition, DEET has certain irritation to the skin. Both the United States and Canada have stipulated that, whether it is an adult or a child, damaged skin must not contact DEET.

  Insect repellent esters: Unrestricted use in children’s products Wang said that avoiding insect repellent is a safer mosquito repellent product. It has no toxic side effects on the skin and does not penetrate the skin.There are no restrictions on the use of insect repellent in children’s insect repellent products.

The United States has done a toxicological test of mosquito esters and believes it is safe for babies, children and adults.

Therefore, he believes that the toilet water for children is safer.

Mind Yoga eliminates psychological burden_1

Mind Yoga eliminates psychological burden

Mind Yoga can relax you, relieve you from stress, breathe in fresh air for 20 minutes every day, and enjoy the bathing of the sun, so that you can breathe better. It can also help you relax and make you full again.

In the face of fierce struggle in society, how can we be invincible?

In today’s era of social competition, everyone faces various pressures. Only by adjusting your mindset and relaxing your mood can you relieve the pressure in your heart.

  1. The success or failure of a peaceful psychological relationship involves many subjective and objective factors, not personal strength.

Goal positioning and value pursuit must meet their own conditions.

In the face of competition and challenges, we need both enthusiasm and passion, but also rational strategies and tactics.

  2. Timely exercise and fun song, lunch break, after work, holidays, walking, jogging, swimming, singing, playing sports, travel, not only exercise, cultivate temperament, and effectively transfer and relieve stress.

  3, write a complaint heartily, if there is no one to tell, you can also write a diary or blog, the more venting, the happier the heart.

This is a good way to relieve depression and relieve stress in spiritual yoga.

  4, sweet love, harmonious sex, sincere and pleasant relationship, love is a good medicine to divert and distract psychological pressure; harmonious and full-fledged sex life between husband and wife is a wonderful way to release the mental burden and eliminate psychological discomfort.

  Tips: Do more social activities and relax yourself.

This way you can forget your troubles and sorrows.

The quick way to deal with stress is to say, “That’s fine” when that’s not the case.

Learn to stand up and believe in your beliefs.

Stomach is bad, be careful with turtle soup

Stomach is bad, be careful with turtle soup

By the cold wind after the winter solstice, the nourishing soups in restaurants in Beijing’s large and small restaurants are also on fire.

However, experts remind people that tonics in winter vary from person to person and age.

.

hzh {display: none; }  医院教授提醒,进补要区别不同年龄、不同体质,进行针对性的进补。Young and strong people generally do not need to tonic, elderly people, and weak people need to seize the good timing of winter tonic.

Autumn and winter nourish yin, so winter tonic should favor duck soup, turtle soup, sea cucumber, yam, lily, lotus seeds, wolfberry and so on.

However, people with poor spleen and stomach, indigestion, and kidney yang deficiency, who always have cold hands and feet, should not eat these nourishing yin diets.

  In addition, the sun-deficiency constitution is usually the person who is afraid of cold. It is easy for people who have cold food to have a stomach trouble. In this season, they should drink more lamb soup and dog soup to drive off the cold.

However, people with symptoms such as dry throat and sore throat should not take mutton soup, otherwise they may get worse.

The Deputy Chief Physician Wang Guowei from the Department of Internal Medicine of Beijing Hospital of Traditional Chinese Medicine also reminded the public that those with weak waists and knees, tiredness and fatigue, and spleen and stomach deficiency can make lamb stewed with white radish, sesame oil and spinach, etc., which can nourish qi and relieve the effects of warmth and warmth.

And patients with hypercholesterolemia should not drink chicken soup, otherwise the disease may be aggravated.

Men’s Skin Care Magnolia Oil Cottage L’Oreal_1

Men’s Skin Care Magnolia Oil Cottage L’Oreal

After the pre-sale coupons for men’s skin care were sent out in early March, after waiting for a while, the Olay Men’s skin care series has been put on shelves in some stores.

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hzh {display: none; }  玉兰油男士产品和欧莱雅非常相似  玉兰油本次推出的男士护肤产品一共包括六个产品:焕能多效泡沫洁面乳、净爽醒肤泡沫洁面啫喱、焕能多效爽肤水、Huaneng Multi-Activating Moisturizing Cream, Cleansing and Revitalizing Balancing Gel and Huaneng Multi-Effecting Eye Gel.

In fact, these six products can be divided into two lines according to the skin quality. The first one is for normal and dry skin, including cleansing and refreshing foam cleansing gel, replenishing multi-effect toner, and cleansing and balancing.Luhe Huaneng Multi-Effect Eye Gel; The second one is for normal and oily skin, including Huaneng Multi-effect Foam Cleanser, Huan-Energy Multi-Purpose Toner, Huan-Energy Multi-Activating Cream and Huan-Energy Multi-EyeDepartment of condensation.
  Is this product composition somewhat familiar?

Take a look at the composition of L’Oreal men’s products.

There are currently 18 types of L’Oreal men’s products in Paris. It is no wonder that the six basic products in the Magnolia oil region do not collide with its products.

For example, L’Oreal Men’s Power Ultra Moisturizing Cream and Olay Cleansing and Balancing Balm, L’Oreal Men’s Power Instant Moisturizer and Revitalizing Multi-Purpose Toner, L’Oreal Men’s Power Super Cleansing Gel and Cleansing FoamCleansing gel, its function, positioning similar figures are dazzling, the price of the two cleansing products even less than a dollar.

If it is not because this is “magnolia oil”, it is completely “cottage”.

  (Design dialogue) Of course, in order to show that it is not a “cottage” level, Olay said that their own skin care products for men are developed through repeated development.

First of all, Olay cooperated with Baidu, an authoritative search agency, to deeply understand the current situation of contemporary men’s life, skin care and other aspects. It was found that in the fast-paced life of modern cities, men stay up late and work overtime, smoking and drinking. These bad habits gradually invaded men’s skinIt is very serious for men with skin diseases.

At the same time, Olay has also undergone a lot of dermatological technology research. In conjunction with the four major research and development centers, it was found that in fact, the cuticle of male skin is thicker, the absorption of female skin care products is incomplete, and the use of the product is greatly discounted. It is precisely that men need to be more cautious.Professional, men’s skincare products that better target your skin.

Then, after these authoritative data surveys and clinical studies, Olay Oil concluded that shine, roughness and tiredness are the three most prominent skin problems for men.

Seeing such publicity, what else is there to say?

Four years ago, L’Oreal found that some Olay oil was finally “researched”!

  Olay’s men’s products are subject to promotion. Perhaps it is the pressure of knowing Olay. The L’Oreal Paris men’s series have been vigorously promoted recently.

Entering the supermarket, the store, and the cosmetics area, there are multiple showcases displaying men’s products from L’Oreal Paris. Promotional methods vary from buying gifts, discounts and discount packages.

Not only are men’s products from brands such as L’Oreal Paris, Mentholatum, Ouzhi, Ding Jiayi, Dr. Li, Toyo’s Flowers and so on are all crazy promotion, the store is full of promotional posters of these brands.

  However, Olay does not know whether it is guilty or to avoid the blaze. Except for the “15 yuan pre-sale coupon” issued earlier, Olay men’s skin care products do not have any promotion methods, and there are basically no display cases in supermarkets, and even only in Olay counterA trial set was placed on the counter, without any product showcase, and it was occasionally very thin.

: The packaging of Huaneng Multi-effect Revitalizing Cream obviously feels that the packaging is not as good as Olay women’s products, and is not as good as similar products from L’Oreal. Although the price is a dozen dollars cheaper, it feels more “water”.

  In fact, Olay’s skin care for men has its shortcomings.

For a long time, the propaganda of Olay is “the skin and you are getting more and more beautiful”. This phrase is of course very appealing to a woman, but when it comes to a man, it will feel very “mother-in-law”.

The feminine color of the Olay brand is too strong, and brands such as L’Oreal Paris and Mentholatum are relatively neutral in terms of slogans and brand positioning, and it will be easier to carry out men’s skin care.

Olay’s development of bath products from skin care products is a very successful step, but it has also failed before.

For example, a lot of Magnolia make-up products are based on the product being taken off the shelf.

The product positioning is not clear. It collided with many already influential products. It is worth paying attention to whether Olay’s men’s skin care products can go further.