3 reasons why Japan gave up the Sakura Olympics, the heavy snow weather is also a worry

3 reasons why Japan gave up the Sakura Olympics, the heavy snow weather is also a worry
Cherry blossoms in the snow.The International Olympic Committee announced last night that the Tokyo Olympics will be antiques from July 23 to August 8, 2021.Before this, a member of the International Olympic Committee had proposed the “Sakura Olympics” proposal.The International Olympic Committee and the Tokyo Olympic Organizing Committee also discussed the Spring Olympics, but eventually gave up due to factors such as epidemic control, qualifying time, weather, sponsors and TV broadcasts.After confirming the extension of the Tokyo Olympics, the new time has become the focus of outside attention.There have been three plans for the new date, which are November 2020, spring 2021 and summer 2021.In view of the global spread of the epidemic, the International Olympic Committee and the Tokyo Olympic Committee have not considered holding it in 2020.Subsequently, the Japanese side proposed a one-year extension of the merger and received the support of the International Olympic Committee.The chairman of the Tokyo Olympic Organizing Committee Mori Mori introduced last night that the Japanese government, the Tokyo Metropolitan Government and the Tokyo Olympic Committee agreed that the introduction of the “Sakura Olympics” into the summer did not pass.Tokyo Governor Yuriko Koike said that the reason why he advances to summer is to prepare a safe Olympic Games for athletes and spectators.Unlike the postponement to the spring index, hosting the Olympic Games in the summer can set aside extra time to ensure effective control of the epidemic.By then, the epidemic will be brought under control, and the Tokyo Olympics will surely become the focus of global attention.Sakura put on a “snow coat”.In addition, after the determination of the Tokyo Olympics in advance, 33 Olympic events have been affected, and the restart time of the qualifier is to be determined.From the Olympic Games to the summer, enough time is left for the Olympic Qualifications.Rich Beatty, president of the Summer Olympics International Single Sports Federation, said 33 sports associations voted anonymously yesterday and agreed to the Tokyo Olympics until next summer.Last night, the ITTF indicated that it would adjust the timing of the Olympic Qualifying Tournament, which is expected to be completed by the end of April 2021.Third, if the Tokyo Olympics is postponed to the spring, it will inevitably conflict with NBA, European football and other professional events.Rich Beatty said that if placed in the spring, there will be at least 6 to 7 professional events that will not allow their athletes to participate in the Olympics.In addition, the spring Olympics also make it difficult to coordinate the interests of TV broadcasts and sponsors, and summer is the only option.At the same time, there is a weather problem in the spring games of the Olympic Games, and even saves a lot of heatstroke prevention and cooling costs. However, some objects such as triathlon, kayaking, beach volleyball and other objects will be affected, and the health of athletes is difficult to guarantee.In addition, heavy snow fell in the Kanto region of Japan yesterday, the thickness of snow in downtown Tokyo reached 1 cm, and the maximum temperature was only 11 ° C.According to the Japan Meteorological Agency, it was the first time since 1969 that it had snowed after the cherry blossoms opened.If we catch up with the weather again next spring, it is obviously not suitable for hosting games like the Olympic Games.Sauna, Ye Wang Sun Haiguang Editor Wang Chunqiu proofreading Chen Diyan

Notification of closing the market!Ruixing faces a life and death robbery one year after going public in the US

Notification of closing the market!Ruixing faces a “life and death robbery” one year after going public in the US
After a month and a half of “self-exposure” financial fraud, Ruixing Coffee hovered on the edge of delisting.On the evening of May 19th, Beijing time, Ruixing Coffee announced that it received a delisting notice from the Nasdaq Exchange on May 15th. The basis for the Nasdaq’s delisting decision included the company’s disclosure on April 2 this yearThe false transaction triggered a conflict of public interest, and the company also disclosed important information publicly in the past.Ruixing plans to proceed with this antique hearing, which will continue to be listed on the Nasdaq before the results of the hearing are released. The hearing is usually arranged 30 to 45 days after the exchange receives the return date.Financial fraud, Rui Xing can not escape the fine?On May 17, 2019, Ruixing Coffee was listed on NASDAQ in the United States and became a global fast IPO company. However, only one year later, it fell from the altar due to financial fraud.At the end of January this year, the well-known short-selling agency Muddy Water Company issued a short-selling report, exposing Ruixing Coffee’s financial and operational data fraud since the third quarter of 2019.On April 2, Ruixing Coffee admitted financial fraud, saying that it forged a transaction amount of 2.2 billion yuan between the second quarter and the fourth quarter of 2019.Since then, Ruixing Coffee has continued to plummet, and its market value has shrunk rapidly.Financial fraud is always the most strictly regulated illegal act in the US stock market.Financial fraud is a typical securities fraud, which directly violates the US securities laws, and relevant offenders will be subject to administrative sanctions by the SEC.The SEC has zero tolerance for this kind of behavior. Generally, serious cases will be punished with sky-high bills and handed over to relevant law enforcement agencies.There have been cases of delisting in the US Air Force’s securities market due to fraud.In 2001, the American company Enron was exposed to financial fraud, and was eventually fined 500 million US dollars, bankruptcy and delisting.After Enron and other major financial fraud incidents, the US introduced the Sarbanes Oxley Act (Sarbanes Oxley Act) in 2002, which strengthened the company’s internal control, audit and compliance requirements.The Sarbanes-Oxley Act effectively improves the corrective measures against fraud violations. Corporate executives may face criminal discrimination. The deliberate conduct of securities fraud can be sentenced to a maximum of 25 years in prison. The maximum fines for individuals and companies that commit fraud are up to 500.Ten million dollars and 25 million dollars.Nasdaq’s delisting system is clear, and it will become a passive delisting when the company fails to meet the requirements for continuous listing. Generally, the relevant authorities of Nasdaq will terminate the company’s stock trading decision after investigation, notify the listed company, andProvide opportunities for listed companies to hear and file declarations.In terms of delisting standards, in addition to quantitative indicators such as transactions and operations, there are also compliance indicators, mainly about internal governance of the company.The exchange’s delisting measures against listed companies with financial fraud in accordance with the listing rules is a routine practice of self-regulatory supervision.Even if Ruixing delists, it will not shake the market’s confidence in China’s stocks. After Ruixing Coffee, the situation of external trusts in China’s stocks will experience a collective trust crisis that has improved. Some views believe that Chinese companies may go public in the United States.It may increase, and listed companies may face reassessment or even delisting.In fact, Ruixing Coffee ‘s financial fraud is only a case, and it is more related to the company ‘s own internal control and management issues. Ruixing does not represent all Chinese stock companies.Investors also regained confidence in all Chinese stocks.On May 8, the Chinese company Jinshan Yun was successfully listed on the NASDAQ in the United States. The first day of listing continued to increase by more than 40%, and the total market value reached 47.At 7.4 billion U.S. dollars, investors’ subscription for Jinshan Cloud was also very enthusiastic, with an over-issued 20%, sweeping away the haze of Chinese stocks brought by Ruixing Coffee.On April 21, local time, the SEC issued a public statement reminding emerging markets of investment risks. The main points of view include the financial information requirements and the quality of the standards. The PCAOB (American Public Company Accounting Oversight Board) is still unable to check the audit working documents in China.However, the SEC also pointed out that this statement was seen as an effort to restrict investment in emerging markets.Investor choice has long been a core component of the US capital market regulatory framework, and emerging market investments, including components of a diversified portfolio, have proven beneficial to many investors.Cross-border listing has long been considered a win-win model.The aim is that enterprises can raise funds in the broader overseas capital market, and also accept competition and supervision in overseas markets to improve their operations and governance and achieve long-term development.At the same time, the entry of high-quality enterprises into overseas markets has also brought more investment targets to local investors, enriching investment options in the local market and enhancing investment returns.Therefore, the case of Ruixing Coffee will not stop the pace of cross-border listing of Chinese companies.Cross-border regulatory cooperation between countries is improving the quality of listed companies. For Chinese companies listed in the United States, the China Securities Regulatory Commission also plays a regulatory role through cross-border regulatory cooperation.In fact, the securities regulators of both China and the United States have maintained smooth communication channels and good regulatory cooperation.On April 3, the China Securities Regulatory Commission issued a statement saying that it was highly concerned about Ruixing Coffee’s financial fraud, and the company’s financial fraud expressed strong complaints.No matter where it is listed, listed companies strictly abide by the laws and rules of the relevant market, and are obliged to disclose information in a true, accurate and complete manner.The China Securities Regulatory Commission, in accordance with the relevant arrangements for international securities regulatory cooperation, checks the relevant situation according to law, resolutely combats securities fraud, and effectively protects the rights and interests of investors.On April 27, the China Securities Regulatory Commission once again issued the title of reporter answering the question of the Ruixing incident. The China Securities Regulatory Commission communicated with the US Securities Regulatory Commission on the location of cross-border regulatory cooperation, and the US Securities Regulatory Commission made a positive response.The China Securities Regulatory Commission has always taken a positive attitude towards cross-border regulatory cooperation and supported overseas securities regulatory agencies to investigate and deal with the financial fraud of listed companies in their jurisdictions.Under the cooperation framework of the International Securities Regulatory Commission (IOSCO) multilateral memorandum and other cooperation frameworks, the China Securities Regulatory Commission has provided internal overseas regulatory agencies with the audit work papers of 23 overseas listed companies, including the US Securities Regulatory Commission and the American Public Company Accounting Oversight Committee (PCAOB)A total of 14 are provided.In addition, in October 2019, both China and the United States audited the Hong Kong accounting firm and deposited in the mainland of the United States listed company audit work drafting method to reach consensus, the current channel of cooperation is unblocked.For Chinese accounting firms registered with PCAOB that US PCAOB requires immigration inspection, the cooperation between the two parties has never stopped, and they are always looking for an inspection program that everyone can accept.In 2013, the China Securities Regulatory Commission, the Ministry of Finance and the US PCAOB signed a memorandum of understanding on law enforcement cooperation, and provided PCAOB with four audit work papers.From 2016 to 2017, both China and the United States conducted a pilot inspection of a Chinese accounting firm registered with PCAOB. The Chinese team assisted PCAOB in the audit of the quality control system of the accounting firm and the audit work drafts of the three listed companies in the United States.Check, trying to find an effective way to check.The China Securities Regulatory Commission said that the cooperation between the two sides is effective.Since 2018, the two sides have maintained communication in order to continue to promote audit and supervision cooperation. China has repeatedly referred to PCAOB for specific proposals on joint inspections of accounting firms with reference to the practice of international audit and supervision cooperation, the most recent one was on April 3 this year.The China Securities Regulatory Commission also said that it looked forward to receiving a response as soon as possible and further cooperation with PCAOB.Under the mode of cross-border supervision and cooperation between national regulatory agencies, cross-border violations of laws and regulations will be more severely cracked down, which also means that the advantages and disadvantages of listed companies will be more prominent. Only high-quality and compliant companies can stay inIn the capital market, the legitimate rights and interests of investors in various countries will also be better protected.Sauna, Ye Wang Gu Zhijuan editor Li Weijia proofreading Yang Xuli

[Efficacy of lotus leaf soaking]_ lotus leaf soaking _ benefits _ assumption

銆 愯 嵎 卙 鍙 鍙 姙 姘 卑 鍷 擷 锸 銆 銆 撱 Dong peaks and wandering ℃ press _ 濂 BOR_ 鐩 婂 
Shi Hui Hong ㄧ Duo Wa Juan  Mao still water hydrogen Han Uu ang Lu Ning  nephew tweezers  fan OilPainting dirty tank gauge Chen Yun Xiang  adze An Election  Bang Yi Hwang Jih boast Mei Juan insert additional information by Miao Qing Lian community Suozhuan灉锛屽悓鏃跺彲浠ュ府鍔╂垜浠檷浣庤鑴傝鍘嬪埄灏块€氫究锛屽洜姝ゅ畠鐨勫吇鐢熶繚鍋ュ姛鏁堝叾瀹炴槸姣旇緝楂樼殑銆?绗竴锛氭不鐤楄吂娉诲湪澶忓ぉ浠ュ強绉嬪ぉ鐨勬椂鍊欙紝鐢变簬姘斿€欏睘浜庢殤婀跨殑鎯呭喌锛屽鏋滈ギ椋熸柟闈笉鏇村姞鐨勬敞鎰忥紝寰堝鏄撳嚭鐜板憰鍚愩€佽吂娉荤殑鎯呭喌锛屽苟涓旂勃渚块鑹茶〃鐜颁负榛勮You can’t stop it, you can’t stop it, you can’t stop it, you can’t stop it, you can’t stop it, you can’t do it, you can’t do it, you can’t do it.By the way, by the way, the global economy will be in the same place. It ‘s a good idea. It ‘s hard to see what ‘s happening. It ‘s a good idea. It ‘s a good idea. It ‘s a good idea.勬儏鍐佃嚜鐒惰€岀劧灏辨秷澶变簡銆傞櫎浜嗙洿鎺ョ敤寮€姘村啿娉¤繖绉嶆柟娉曚箣澶栵紝涔熷彲浠ュ皢钻峰This is the best way to get rid of the troubles and sorrows of the Lord’s bailout, and the chains of the rainbow and the world will not be affected by the world. The world will be weak and the economy will be weak.What are you doing?绗簩锛氭不鐤楁按鑲挎棤璁烘槸鐢变簬浠€涔堝師鍥犲鑷寸殑鑴镐笂娴偪浠ュ強灏忎究閲忓噺灏戠殑闂锛屾湇鐢ㄨ嵎鍙堕兘鑳藉寰楀埌寰堝ソ鐨勭紦瑙c€傚彲浠ュ皢鏋悗涔嬪悗鐨勮嵎鍙剁儳骞蹭箣鍚庣爺纾ㄦ垚The chain of the rainbow, the sorrow and the sorrow, the sorrow, the sorrow, the sorrow, the sorrow, the forbidden, the lawsuit, the lawsuit, the lawsuit, the lawsuit, the lawsuit, the lawsuit, the lawsuit, the lawsuit, the lawsuit, the lawsuit, the lawsuit, the lawsuit, the lawsuit€€銆?绗笁锛氭不鐤楅粍姘寸柈榛勬按鐤睘浜庝竴绉嶅叿鏈変紶鏌撴€х殑鐨偆鐤剧梾锛屽苟涓旀瘮杈冪殑椤藉浐锛岃交鏄撴病鏈夊姙娉曟牴闄ゃ€傚湪鎴戝浗鐨勪腑鍖诲悕钁椾箣涓叿鏈夎杞斤紝鍙互灏嗚嵎鍙剁儳鎴愮偔锛岀Relief of the Grandpa, the chain of the rainbow, the chain of the rainbow, the chain of the silicon, the chain of the crystal, the chain of the umbrella, the chain of the umbrella, the craggy and the rugged€澶╀袱娆★紝鍏锋湁闈炲父绁炲鐨勬晥鏋滐紝鑳藉蹇€熺殑浠よ韩浣撴仮澶嶅仴搴枫€傜鍥涳細婕嗙柈鎵€璋撶殑婕嗙柈锛屽叾瀹炶鐨勫氨鏄竴绉嶇敱浜庣毊鑲ゅ娌规紗杩囨晱鎵€瀵艰嚧鐨勮繃鏁忔€х毊鐐庯紝鎯宠娌荤枟杩欑鐤剧梾锛屼篃鍙互鍊熷姪鑽峰彾鐨勪綔鐢ㄣ€傚皢鑽峰彾鏅掑共锛岀劧鍚庣敤寮€姘磋繘琛屽The temperature is higher than the key and the key is up and down. It ‘s a bit of a problem. It ‘s a bit of a problem.ゆ锛屽嚑澶╀箣鍚庡氨鑳藉鎭㈠鍋ュ悍浜嗐€傜浜旓細闄嶄綆琛€鑴傜幇浠g爺绌跺彂鐜帮紝鑽峰彾鍏锋湁闄嶄綆琛€鑴傜殑鏁堟灉銆傝嵎鍙跺懗鑻︼紝鎬у钩锛屾湇鐢ㄤ箣鍚庡浜庤倽鑴忋€佽劸鑳冭繕鏈夊績鑴忛兘The chain coefficient is the same as the one in the world. It ‘s not easy to get back to zero. It ‘s a good idea. It ‘s a good idea.鍘嬩互鍙婇珮琛€鑴傜殑鎮h€呮湇鐢ㄣ€?

[Can fava beans and kelp be eaten together]_ 胡豆 _ 同 吃

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[Can erosive gastritis eat rice dumplings]

鍦ㄧ敓娲讳腑寰堝浜洪兘鎮f湁鑳冪梾锛岀敱浜庢瘡涓汉鐨勮韩浣撶姸鍐典笉涓€鏍凤紝鎵€浠ユ偅涓婅儍鐥呯殑涓ラ噸绋嬪害涔熶笉涓€鏍枫€傚洜涓虹幇鍦ㄧ殑鐢熸椿涔犳儻寰堝浜烘偅涓婄殑鏄硿鐑傛€ц儍鐐庯紝褰撴偅涓婄硿鐑傛€ц儍鐐庣殑鏃跺€欙紝鎮h€呬細琛ㄧ幇鍑烘湁鍛曡鍜屾帓鍑洪粦鑹茬勃渚跨殑鐜拌薄锛屾棤璁烘槸閭g鑳冪梾閮借鍦ㄩギ椋熸柟闈㈣繘琛岃皟鏁达紝涓嶆槸浠€涔堥鐗╅兘鍙互闅忔剰鍚冪殑銆傜硿鐑傛€ц儍鐐庤兘鍚冪步瀛愬悧鑳冪値鍙互鍚冪步瀛愩€傜步瀛愮殑涓昏鎴愬垎鏄朝绫冲拰绾㈡灒锛屼袱鑰呭鑳冪矘鑶滃苟鏃犲埡婵€鎬с€傝儍鐐庢槸鑳冪矘鑶滅値鐥囩殑缁熺О銆傜硿鐑傛€ц儍鐐庣殑楗璋冪悊娉ㄦ剰钀ュ吇鍧囪 锛氶鐗╄閫夊瘜鏈夎惀鍏汇€佹槗娑堝寲鐨勭粏杞鐗╀负涓伙紝澶氬悆鍚鐗╄泲鐧姐€佺淮鐢熺礌澶氱殑椋熺墿銆備綘鍙互鍚冪叜鐔熺殑绮熷瓙銆佸ぇ绫崇播銆佺緤濂躲€侀吀涔炽€佺櫧涔抽叒銆佸紑鑿蹭钩銆傚鏋滅棁鐘朵弗閲嶏紝鍚冧竴浜涜蒋鎬ч鐗╋紝渚嬪绫虫堡銆侀叒姊ㄣ€侀钑夈€侀┈閾冭柉銆佸崡鐡滅被銆傚皢鎵€鏈夎敩鑿滄悈纰庯紝鍐嶇児璋冦€傚伓灏旓紝鍚冧竴浜涜捀鐑殑钄彍锛屼緥濡傜孩钀濆崪銆佽儭钀濆崪鍙婄豢鑺辨ぐ鑿溿€傞ギ椋熸湁瑙勫緥锛氭敞鎰忛ギ椋熻皟鐞嗗吇鎶わ紝鏈夎寰嬪湴瀹氭椂瀹氶噺杩涢锛屼互缁存寔姝e父娑堝寲娲诲姩鐨勮妭寰嬨€傚垏涓嶅彲楗ヤ竴椤块ケ涓€椤挎垨涓嶅悆鏃╅锛屽挨鍏跺簲閬垮厤鏆撮ギ鏆撮銆傞鐢ㄦ祦椋燂細瀵逛簬鎬ユ€ц儍鐐庛€傚簲鍘婚櫎鐥呭洜锛屽崸搴婁紤鎭紝绂侀涓€鍒囧鑳冩湁鍒烘縺鐨勯ギ椋熸垨鑽墿锛岄厡鎯呯椋熸垨缁欎簣娴侀锛屽鏈夊嚭琛€鑰咃紝浜堜互姝㈣娌荤枟銆傞鐢ㄦ祦椋燂細瀵逛簬鎬ユ€ц儍鐐庛€傚簲鍘婚櫎鐥呭洜锛屽崸搴婁紤鎭紝绂侀涓€鍒囧鑳冩湁鍒烘縺鐨勯ギ椋熸垨鑽墿锛岄厡鎯呯椋熸垨缁欎簣娴侀锛屽鏈夊嚭琛€鑰咃紝浜堜互姝㈣娌荤枟銆傞伩鍏嶉珮鑴傝偑椋熺墿锛氶珮鑴傝偑椋熺墿銆侀厭銆佺硸绫汇€佸阀鍏嬪姏浼氫娇鎷害鑲屾斁鏉撅紝閫犳垚鍥炴祦锛屾墍浠ュ鏋滀綘鏈夎儍鐏肩儹鐨勭棁鐘讹紝灏卞簲閬垮厤杩欎簺椋熺墿銆傚皯閲忓椁愶細涓€澶?There is a lot of trouble, and there are many flaws: there are flaws and weaknesses, and they are very weak, and they are very fragile, and they are very frustrating.憋紝浠ュ厤鑳冪閮ㄦ墿寮犺繃搴﹁€屽鍔犺儍閰哥殑鍒嗘硨銆傚鍔犱綋鍐呯泭鐢熻弻锛氭垜浠€氬父浼氶鐢ㄩ吀濂讹纴鎴栧埆镄勫惈链夌泭鐢熻弻镄勯鐗╂潵琛ュ庞然揿唴鐩婄敓凿岋纴浣嗘槸闾嗘槸闾夐檺鐨勩€傜幇鍦ㄨ秺鏉ヨ秺澶氱殑浜洪€夋嫨姘磋嫃绯栥€傛按鑻忕硸鏄綔鐢ㄤ簬鑳冭偁閬撶殑绾敓鐗╁啿鍓傦紝涓嶄細琚汉浣撳惛鏀讹紝鐩存帴涓烘湁鐩婅弻缇ゆ彁渚涜惀鍏伙紝淇冭繘鍏跺娈栥€傚悓鏃舵姂鍒舵湁瀹宠弻缇ょ殑绻佹畺锛屽姞寮鸿儍鑲犻亾鍋ュ悍锛屽寮鸿儍鍔ㄥ姏锛屾彁楂樿韩浣撳厤鐤姏銆備績杩涚硿鐑傛€ц儍鐐庣殑鎭㈠銆?

Tongkun shares (601233) quarterly report comments: the company’s profitability improved, performance in line with expectations

Tongkun shares (601233) quarterly report comments: the company’s profitability improved, performance in line with expectations

Event: On 重庆夜生活网 August 26, 2019, the company announced the third quarter report of 2019: the report, the company achieved operating income of 372 in the first three quarters.

4 billion, an increase of 20 per year.

66%; net profit attributable to mother 24.

$ 5.1 billion, twice a year.

10%; basic income 1.

34 yuan, at least 2 in 2018.


Key points of investment: The performance of the PTA business is bright, and the company’s performance is basically in line with expectations: the company achieved operating income of 372 in the first three quarters of 2019.

40 billion, an increase of 20 per year.

66%; net profit attributable to mother 24.

$ 5.1 billion, twice a year.

10%, performance is in line with expectations.

The slight fluctuation in the quarter was initially due to a surge in PTA prices in the third quarter of last year, and the company’s profit in the single quarter of 2018Q3 was 11.

4 billion is the starting point for the company’s single quarter profit. The PTA price change in the fourth quarter of 2018 caused a negative net profit in the fourth quarter; net profit was 10 in the third quarter of 2019.

6.1 billion, profitability is already the second highest point in the company’s history.

Judging from the spread, as of 2019Q3 (September 30), the average PTA spread was 1061.

40 yuan / ton, the lowest is temporarily 16.

88%; Polyester filament POY exclusion tax is 7,600 yuan / ton, which has accumulated 31 in the past year.

22%; FDY is priced at 7,600 yuan / ton without tax, which is more than 32 at the end of last year.

14%; DTY is priced at 9,100 yuan / ton without tax, at least -27 in the past year.

78%; from the perspective of sales, the company’s polyester filament sales in the first three quarters of 2019 were 419.

69, an increase of 28 each year last year.

89%, of which POY / FDY / DTF sales were 280.

88 digits / 83.

27 digits / 55.

54 inches.

Actively promote project development and expand production capacity to realize the entire industrial chain layout: The first phase of Zhejiang Petrochemical with a 20% stake in the company is expected to be put into production in the second half of this year.In 2005, ethylene has extended into the upstream raw material PX field to realize the layout of the entire industrial chain.

In addition, the company’s existing four projects are under construction: Hengyou has an annual output of 30 POY projects, Hengyou has an annual output of 30 POY technical transformation projects for polyester, and filament civil construction is in the final stage, and some spinning equipment has been completed.Installation, polyester device is about to be put into production; civil construction of the green intelligent fiber project with an annual output of 30 is completed, and the polyester device has recently been commissioned;Construction sweeping phase.

In the future, the project will be put into production gradually, and the company’s performance can be expected.

Profit forecast and investment recommendations: The company’s operating income is expected to be 484 in 2019-2021.



9.3 billion yuan with P / E of 7.

78, 7.

39, 7.


Maintain the “overweight” rating.

Risk factors: Crude oil price volatility breaks; weak downstream terminal demand

Institutional surveys surge nearly 200%, hard tech companies focus

Institutional surveys surge nearly 200%, hard tech companies focus

Source: Daily Economic News Recently, after the market slumped 3000 points weakly, it searched for support downwards, but the structural market continued, and some core assets continued to hit new highs.

  Obviously, private equity firms are retreating.

According to the data of the private equity emptying net combination master, as of November 8th, the average position level of domestic private equity institutions of all sizes of stock strategies was 52.

21%, the lowest level since 2019.

  Is the market at the end of the year defensive or offensive?

The survey data of the institution in the past month have revealed the mystery, of which hard technology companies are the focus of research.

  Private equity positions in stocks fell during the year. The data from the private equity ranking network combination masters showed that on November 8th, the average position of private equity institutions of all sizes in China was 52.

21%, the lowest level since 2019.

Looking at specific positions, 34 of them.

62% of private placements are between 20% and 50%, 34.

07% of private placements are between 50 and 80%, and positions over 80% of private placements are only 17%.

17%, and another 14.

15% of private placements are less than 20%, and the overall position of 10 billion private placements is also close to the year’s low.

This means that under the background of the market’s box shock, private placements have fallen, and there is too much “ammunition” at the end of the year.

  In addition to the expansion of private equity fund positions, newly established private equity funds will gradually enter the market.

Fund industry data shows that in October this year, a total of 1,383 private equity products were filed with the Association, while November this year ended November 18, a total of 903 private equity products were registered with the Association.

  Regarding the year-end market, a large number of private equity institutions corrected their defense strategies. Zhuang Hongdong, the general manager of the cheese fund, told reporters: “We still maintain the previous strategy and adopt a neutral thinking. The proportion of cash positions is between 20% and 30%.Industries with better growth and higher certainty include large consumer industries such as white goods, biomedicine, and large financial industries such as banking and insurance.

In terms of allocation, the company still maintains a strong risk control idea and a balanced allocation. The industry has a certain proportion of restrictions on promising stocks.

Li Yinghong, chairman of Longmen Assets, told the reporter of “Daily Economic News”: “The market is currently in a trend of turbulence and consolidation, rather than a clear signal of directional choice.

Class investors have divergent differences in the value of A shares: foreign investors are extremely bullish on the market outlook, but internal investors are cautious.

Analyzing various factors, we believe that it is more appropriate to maintain a relatively balanced configuration at the end of the year.

Since we are doing absolute revenue, we are currently maintaining 60% for new products?
About 70% of the positions can be attacked and retreated.

For old products with strong defense pads, we choose the strategy of holding stocks. After all, we are investing in prices. At the moment, it will be easier to make individual stock choices.

“Yuan Huaming, general manager of Huahui Chuangfu Investment, said:” We will adhere to the past full-offensive offensive strategy. This is because we judge that China’s economy and stock market have been mainly suppressed by external uncertainties in the past two years.

However, the current highest estimated level of A shares, the continuous inflow of long-term funds driven by financial reform and internationalization, and the possibility of improving the external environment, the probability and space of the current broader market are far greater than the downward probability and space.

“Yuan Huaming further stated:” The A-share pricing system is in the process of moving closer to mature capital markets, objectively conducive to value investment and long-term investment style.

The core assets of A shares, represented by industry leaders and industry leaders, have outstanding performance certainty and are estimated to be relatively low, providing investors with high-quality target options.

In the past, the A-share market has the characteristics of bears long and short bulls. At present, there may be tails of long bears.

If there is a bull market in the future, falling market shocks are a good opportunity to attack.

“Computer software is at the end of the first expansion of the study, and the agency is particularly busy.

  Oriental Fortune data shows that the number of institutional research has increased in the past month. The number of institutional surveys was 8,359, an increase of 5,545 from the previous period, an increase of 197%.

Among them, the number of mainboard studies was 1,576, an increase of 1,126 compared with the previous period.

The number of GEM surveys was 2,392, an increase of 1,615 from the previous period.

The number of small and medium plate studies was 4281, an increase of 2703 over the previous period, an increase of 171%.

Judging from the number of listed companies, the institution studied 382 listed companies in the past month, an increase of 194 over the previous period, an increase of 103%.

  It is obvious that hard technology has recently become one of the main lines of the A-share market, and has been continuously making new highs.

In this regard, some private equity institutions believe that technology is an investment direction that can last for a period of time. Since October, institutional investors have conducted research on internal companies including computer software, electronic devices, and high-end manufacturing.
In essence, listed companies in sub-sectors such as TMT and high-end manufacturing, which include the “hard technology” strength, are the focus of institutional research.
  From the perspective of the research industry, computer software ranks first, followed by electronic equipment manufacturing, third place is electronic devices, 四川耍耍网 and fourth place is specialized equipment.

  In general, in computer software, Guanglianda was surveyed by 364 institutions, followed by Shiji Information, surveyed by 113 institutions, Qixingxingchen was surveyed by 88 institutions, and China Information Information was surveyed by 81 companies.Institutional research.

In addition, Chen’an Technology, Perth Software, HKUST Xunfei, Hypergraph Software, Huayu Software and other institutions are also among the top surveyed by institutional investors.

  It is obvious that from the perspective of institutional research, for technology stocks, institutional investors have begun to pay attention to performance. From the discovery records of some listed companies, the institutional concerns include the reasons behind changes in performance and the needs of downstream 深圳桑拿网 customersSituation, market space and share, and the contribution of each company’s fist products to the company’s overall performance.

What role do you play among friends?

What role do you play among friends?


If your BF gave you a birthday gift worth five hundred yuan, how much gift would you give when he celebrates his birthday?

  A, a gift of about 250 yuan → 1 point B, a gift of about 500 yuan → 3 points C, a gift of more than 500 yuan → 5 points D, a gift worth more than 100 → 1 point Q2.

If you are walking with good friends, and you see a lot of people gathered somewhere, your friends suggest to go and see, how will you react?

  A, the two walked towards the crowd together → 5 minutes B, told a friend: “It depends on you!

“→ 1 point C, stop friends from going to watch → 3 points D, ask someone else what happened → 3 points Q3.

If you pay for drinks at the vending machine in front of the convenience store, but nothing falls out, so you refuse to the convenience store staff, how do you expect the staff to answer you?

  A, “Do you have any coins?

“→ 1 point B,” That machine is broken. I’ll refund you!

“→ 3 minutes C,” Pat the scheduled mouth of that machine, it may be stuck!

“5 points D,” This is not something in our shop! ”

I am not sure!

“→ 1 point analysis of results: total: equal to 3 points A: conservative negative Whether you take the initiative to interact with people or not contact anyone, you can enjoy yourself. For this reason, you thinkDealing with people is troublesome.

Although you can talk to the person you met for the first time, you can’t show your good side, let the other person understand you and like you.

Most of this type of you have personal unique views, but once you are in the team, it is just not so coordinated.

  Total: 4 to 6 points B: The ups and downs of your mood have always been cloudy and uncertain. You can get along well with the people you talk to, but it is difficult to get along well with people who are not in the right direction.

Because you always love and hate, if someone hates you from the beginning, it will be hard to get your favor from now on!

Similarly, the person you like may become annoying because of your mood change.

In short, your relationships also expect your mood to fluctuate.

  Total: 7 to 9 points C: You have the strong self-control ability as appropriate for this type, so you can get along well with any person and maintain a good relationship, even if you don’t really appreciate what they do, Will not show likes and dislikes at both ends.

Due to the strong adaptability, everything that needs to communicate with others and coordinate will not be difficult for you, transformation, you also have your own set of emotional control, you can deal with various unreasonable things more flexibly in life.

  Total: 10 to 12 points D: You are very intelligent in social masters. You can communicate with people you do n’t like, and you are welcomed by the audience!

People with these characteristics can of course be regarded as first-rate social figures on social wrists!

Usually you always smile and welcome people with a lively and cheerful personality, so people around you love to talk to you or discuss problems.

If you think that the people around you are friends, it is definitely not your fault, and it will naturally get better in the future.

  Total: greater than 12 points E: Active leadership You hate being called or learned from others. Usually, some people say that you are always self-centered, have a deep desire to express, love to be noticeable, you may not believe it, noIt is undeniable that this is indeed the case. It is because of the temperament of your leadership that you hate being sent especially. You always want to give play to your talents. You can only take a proactive attitude in communication, but sometimesArguing over differences of opinion.

Wuji Baifeng Pills Cannot Treat Everything

Wuji Baifeng Pills Cannot Treat Everything

For female friends, Wuji Baifeng Pill is a very common drug. It does have a certain effect in treating gynecological diseases. When girlfriends are chatting, they hear who has excessive leucorrhea, irregular menstruation, and even whoThere are spots on both ends, and she is fragile and sick, and she will be recommended to be treated with Wuji Baifeng Pills.

You should know that although Wuji Baifeng Pills can treat diseases, they are not a panacea. They can treat all diseases, and the treatment effects are different depending on the patient’s constitution.

  Too many women will find that after using Wuji Baifeng Pills, they also have irregular menstruation, some use effective, others do not improve, and even menstruation becomes more and more disordered.

What is the reason?

What kind of medicine is Wuji Baifeng Pill?

  Wuji Baifeng Pill is not a “universal tonic” for women. Wuji Baifeng Pill comes from “Jiyin Outline”, which consists of black chicken, ginseng, astragalus, antlers, antler cream, mulberry, angelica, chuanxiong, Baiji, habitat, salvia miltiorrhiza., Oysters, silver Bupleurum, scallops, Asparagus, yam, Zhishi, Xiangxiangfu and other 20 kinds of traditional Chinese medicine.

Among them, astragalus and ginseng replenish qi; antler gum, antler cream for liver and kidney; mulberry, kidney and yang; Angelica, Chuanxiong, Paeonia lactiflora, Shengdi 4 flavors are tonic blood, Fang Siwu decoction, which has the functions of nourishing yin and activating blood;Salvia miltiorrhizae, oysters promote blood circulation and soothe the nerves; Yin Chai Hu, Bie Jia Qing Deficiency; asparagus nourishing yin; Chinese yam, Zhishi nourishing the spleen and dampness; the fragrance making and warming manager popularity.

  From the above group of prescriptions, Wuji Baifeng Pill has the functions of nourishing blood, invigorating qi, and yin and yang, and is suitable for the treatment of complications such as irregular menstruation caused by deficiency of qi and blood, bleeding under the belt, and menstrual cramps.

In other words, Wuji Baifeng Pill is effective only for those caused by deficiency of qi and blood, and it is not good for gynecology caused by other factors.

  Irregular menstruation, there are many reasons why obese women do n’t eat. Irregular menstruation caused by deficiency of qi and blood, and dysmenorrhea caused by insufficient yin essence., Thin texture, thin body, shortness of energy, dizziness, yellowing or lack of luster.

  However, through the improvement of living conditions, many women’s irregular menstruation is not caused by physical “virtual”, especially some obese women are also prone to irregular menstruation. Traditional Chinese medicine syndrome is classified as “phlegm dampness”.The words of Feng Wan will increase the “phlegm” and the condition may become more serious.

  Therefore, we must be cautious in treating drugs in our lives. Don’t blindly believe in the efficacy of a drug, let alone think that a drug can cure all diseases.

Go to the doctor when you are sick. Take a diagnosis based on your physical condition. Do n’t take the medicine yourself to avoid unpredictable harm.

The golden age of caring for your baby’s skin

The golden age of caring for your baby’s skin

The newborn baby’s skin looks flawless, but it is also very delicate. It may be exposed to external stimuli at any time. After the baby’s skin is fully developed, it will become irreparable regret.

Therefore, the baby’s inherently perfect skin needs more careful care.

3 years old is the prime time for baby skin care. Recently, a study on the seasonal factors of Chinese skin growth led by Professor Ma Lin, director of the Department of Dermatology, Beijing Children’s Hospital, Capital Medical University, showed that 0?
3 years old is a period of rapid skin development for babies, and it is also a “golden time” for them to gradually improve their skin barrier function.

If the mother can supplement the baby’s skin with proper nutrition while moisturizing in time, it will help promote the development of the baby’s skin barrier function and retain their perfect skin during the “prime time” of skin care.

  But most moms don’t know, 0?
The skin of a 3-year-old baby looks tender and smooth, and is flawless. In fact, it needs special care.

Because their skin barrier function has not yet been developed and the water on the surface layer of the skin is easily lost; coupled with the thin stratum corneum, the ability to resist various external stimuli is weak, so the skin is particularly vulnerable.

These damages will cause them to accumulate with age and it will not be possible to recover after the baby’s skin has matured.

  Care for babies from now on. Baby’s skin thickness is only 1/3 of that of adults, skin cuticle is thin, barrier function is weak, and the ability to balance and regulate acid-base balance is poor. It takes 3 years to develop to the same as adultss level.

In the meantime, the baby’s delicate skin will be tested by various stimuli, including bacteria, ultraviolet rays, dust, etc. For these “attacks”, the baby’s delicate skin has almost no tricks, and is inherently “perfect”.The state is inevitably greatly reduced.

It can be seen that it is urgent to take care of the perfect skin of the baby.

According to the survey, the skin’s moisturizing activity is the highest in the infant’s birth. Therefore, the baby’s skin always looks smooth and hydrated, and is full of luster.

However, with age, the moisturizing activity of the baby’s skin will gradually decrease, and the moisturizing ability and health of the skin will depend more on the perfection of the skin function.

Professor Ma Lin advises mothers to properly nourish and protect their tender skin from now on!

  In winter, the baby’s skin needs to be “tonic”. In winter, the baby’s skin will face more severe challenges from the environment. Due to the poor barrier function, the baby’s skin will continue to be in a state of dehydration in the low temperature and dry environment.support”.

Therefore, in winter, in addition to hydrating, nourishing the baby’s skin is essential.

During the baby’s skin development, although its own ability to absorb free water molecules in the air is very high, due to the imperfect skin function, most of the absorbed water stays on the skin surface and is easily lost.

Therefore, the key to caring for the skin and maintaining its perfect state is to provide sufficient nutrition for skin development, promote skin barrier function, improve the ability of resisting external aggression and improve the skin’s self-healing mechanism.

  Experts suggest that providing nutrition for infant skin development should include two aspects: First, pay attention to the replacement of proteins and lipids (fatty acids) in the diet. Food contains a large number of nutrients that promote the development of human functions. These nutrients are important for skin development.The impact is significant.

Such as protein, aunt, vitamins A, C, D, B12, folic acid and iron, etc., and these foods of these nutrients are mainly milk, meat, fish, eggs, soy products, seafood, animal liver,Green fruits and vegetables, mushrooms, etc.

In addition, in order to prevent the loss of nutrients on the baby’s skin, in addition to the nutritional supplement of food, a certain amount of nutritional supplement must be given to the skin from the outside.

Because the baby’s skin is weakly acidic, when choosing baby skin care products, pay attention to choosing products that replace neutral or slightly acidic nutrients, such as vitamins and pearl powder, protein, etc., so that it is easier for the skin to absorb.