[How to eat white sesame]_White sesame _ Practice Daquan _ family practice

銆愮櫧鑺濋夯鎬庝箞鍚冦€慱鐧借姖楹籣鍋氭硶澶у叏_瀹跺父鍋氭硶
The whole world is awesome, and it ‘s not a good idea to pick up a stun. It ‘s a pick-up. It ‘s not a good idea. It ‘s not a good idea.Coefficients: Identify and draw the Θ, and I ‘m going to draw a picture. I ‘m going to look at it, I ‘m going to talk about it, I ‘m going to talk about it, I ‘m going to talk about it.綛 夌 瓑 銆?1 銆 佺 槠 鑺 揋 姒 姒 ㄦ Supplement 1.1 銆 姽 姖 姹 姲 姲 姒 姒 圗 嬣 咐 欐 謐 裏 (楹 画 裠) 汼 緵 椋 椋 凴 頴 場 國 國 國 國 開 氚 璚 氚 兰 尲 尥 冄 冾 О 楹淆 緟 淂 淂 緂 淂 緂 淂 緂 1.2鑺濋夯浠佸闈㈡湁涓€灞傜◢纭殑鑶滐紝鎶婂畠纰剧鎵嶈兘浣夸汉浣撳惛鏀跺埌钀ュ吇锛屾墍浠ユ暣绮掔殑鑺濋夯搴斿姞宸ュ悗鍐嶅悆锛?.3 Do you have a rudder?2 銆 佲 攲 擏 姖 楹 懢 楗 Long?How to draw a picture? A picture of a monk and a monk, a monk, a monk, a monk, a lover, a lover, a lover, a lover, a lover, a lover, a lover, a lover, a lover, a lover, a lover, a lover, a lover, a lover, a lover, a lover, a lover, a lover, a lover, a lover, a lover, a lover, a lover, a lover, a lover, a lover, a lover, a lover, a lover.0 鬏 嬬 楠 傜 塸 35 鍏 嬭 攲 锏 姹 楹 懹 懢 楗 殑 氭 桭 硶 2.1銆佽泲鐧界敤铔嬫娊鎵撴暎鍚庯紝鍔犲叆绯栨悈鍖€2.2 銆 佸 唷 史 叆 庆 圆圆 厭 呭 哭哭 呭 哭哭 哭 呭 睡 2.3 TOWER Huoai Tuan  sclerophylla Quchu ram adze An Jiwei ュ Man Uuyi 2 sleep.4 TOWER crafty Ying Sik Election ヨ sound of water Chen Wei Yu Jing hazel Juan palisade complement Uuyi 2 sleep.5 Moquanweisui Shuwanyuhong Wan Liguikanben Chukejunhong Daojian Yuekuifengcong Yaoshigujian Benanyiqie ょ 160 Qian ︿ Fubayaobao Qie?0 闒 匓 宸 ﹀ 彸 (镞 擿 棿 鍜 岀 伎 髴 鏄  镙 訙 計 嵁 Tweezers  鐑 ょ  鏉 ュ 畾 駾 尽 駩 爾 駄 鏉 ュ 畾) 2.6銆佸嚭鐐夊悗瓒佺儹鍊熺敤鎿€闈㈡潠涔嬬被鐨勫伐鍏锋嫍寮?3 銆 佹 ぐ 撣 黣 姖 楤 荤 硦 鐢 ㄦ 枡 玡 Drawing: 闱 ㈢ 蒙 25 鍏 嬭 緟 鏂?Niu version 祮 150 鍏 嬶 琗 涘 ザ 250 鍏 嬶 唏 炏 姖 姹?00 鍏 嚭 璟 鏂?鐧界硸30鍏嬶紝妞板瓙閰遍€傞噺妞伴鐧借姖楹荤硦鐨勫仛娉曪細3。1 銆 人 槠 鑺 揋 鏋 鏀 鏀 繘 繘 夘 夘 夘 礘 夘 綘 湘湘 綘 夘 咘 璘 銳 銷 撴 垴 庚 姸 姸 銆?。2 銆 佽 姖 卹 鍤 Mongolian 銆 塺 塸 銆 侀 來 為 尋 尋 尋 傖 鐖 ソ: 姽 姽 姏 遏 ぐ 規 嗗 拰 鐗 涘 ザ 鎼 呮 囮 囧 囧 劢 銆?.3 Moquankejuan  Zhongehezan Benanjuefu Yuqinguocang Jiemaeren Suicunlangjian Jiejuyinghui za Chaguiyuanwei Yaoxiao Xiyaoluozhong Erenhaoqi feeding GuanjulutiChong Keluo?.4 銆 佽  鐩 揗 攗 犱 簱 浜 涙 ぐ 瀛 愰 睿 瑁 呴 グ 銆?

[Can Cordyceps Sinensis Make Wine]_How to make _taboo

[Can Cordyceps Sinensis Make Wine]_How to make _taboo

Studies have found that Cordyceps sinensis is a kind of food with very high nutritional value. You can use it to drink water in your life. Of course, you can also drink it with water. Generally, 20 grams of Cordyceps sinensis is added to 500 grams of white wine.Twice a day, about 10 grams is best. It can effectively treat a variety of diseases, but it should be noted that Cordyceps sinensis cannot be eaten directly.

First, how to use Cordyceps sinensis wine 1, recipe: Cordyceps sinensis, white wine each amount.

2. Detailed explanation of the process of making wine: Cordyceps sinensis has the best effect. The specific method is to take 20 grams of Cordyceps and put it in a container, add 500 grams of white wine, seal, and use it after soaking for 3 days. Take 1-2 times a day.Taking 10 grams at a time, it has the effects of nourishing kidney and yang, and nourishing the lungs. It is suitable for physical weakness, fatigue, backache and cough.

3. Efficacy: Cordyceps sinensis is a valuable tonic. It is as famous as ginseng and antler.

It is beneficial to the lungs and kidneys, treats depression and fatigue, and has various medicinal functions. It has significant medicinal value.

Second, the taboo of Cordyceps sinensis. Modern scientific research has found that Cordyceps sinensis contains a lot of nutrients, especially protein, cordycepin, a small amount and vitamins, which are good for the body.

Cordyceps sinensis wine is very suitable for some physical fatigue, poor constitution, decreased appetite, etc., and has a good conditioning effect on the cardiovascular system and the respiratory system.

However, many people do not take this Chinese medicinal material scientifically. Incorrect taking method will directly affect the medicinal effect, which will not only make the body unable to obtain health care, but also waste the medicinal material.

The specific taboos of Cordyceps sinensis wine are as follows: First: How long does Cordyceps sinensis sparkle? If you drink Cordyceps sinensis, it must take a long time, otherwise the active ingredients in the medicinal materials are not dissolved enough, which is very wasteful.

It is recommended to soak Cordyceps sinensis with white wine or rice wine, the longer the time, the better, but it must be sealed.

Second: Cordyceps can not be used directly. Scientists have discovered that there are a lot of parasites and various bacteria attached to the surface of Cordyceps. Therefore, if direct use of Cordyceps has an impact on health, it is impossible to eliminate the use of nutrients in Cordyceps.It may also affect physical health.

Therefore, the Cordyceps sinensis usually used must be disinfected using advanced disinfection technology, so as to truly ensure the hygiene of Chinese medicinal materials.

[How do dumplings look good?】 _How to pack_How to pack

銆愭按楗烘€庝箞鍖呭ソ鐪嬶紵銆慱濡備綍鍖卂鎬庢牱鍖?
浼犵粺鐨勬按楗哄浜庝腑鍥戒汉鏉ヨ宸茬粡鍚冭吇浜嗭紝鍥犳涓€浜涘叿鏈夊垱鏂扮殑楗哄瓙鏇村鏄撹浜烘帴鍙椼€傛瘮濡傞粦鑹茬殑楗哄瓙锛屾湅鍙嬩滑鍚冭繃鍚?涔嬫墍浠ラズ瀛愭槸榛戣壊鐨勶紝涓庣敤鐨勯潰鏈夊叧绯伙紝褰撶劧锛屽湪鐧介潰褰撲腑鍔犲叆涓€浜涜彍姹侊紝楗哄瓙鐢氳嚦杩樺彲浠ュ彉鎴愮豢鑹叉垨鑰呭叾浠栭鑹诧紝澶у鍦ㄧ┖闂茬殑鏃跺€欎笉濡ㄨ瘯涓€涓嬨€傞偅涔 堬 纴 姘 Pick up the pickaxe 庝 箞 鍖 呭 ソ 鐪? 1.娉㈡尝楗哄彇楗虹毊涓€寮犱簬鎺屽績锛屾斁鍏ラ€傞噺棣呭皢楗虹毊瀵规姌灏佸彛鎴愬崐鍦嗗舰椋熸寚绋嶈繃鎷囨寚鍓嶆崗浣忛ズ杈归鎸囧井寰皢楗虹毊寰€鍓嶆帹鍑鸿ざ鎶橈紝閲嶅瑜舵姌鐩存帹鑷冲彸绔《澶勬斁鎵嬭繖鏍蜂竴鍙尝娉㈤ズ灏卞畬鎴愪簡 2.铔よ湂楗哄彇楗虹毊涓€寮犱簬鎺屽績锛屾斁鍏ラ€傞噺棣呭皢楗虹毊瀵规姌骞跺皢涓や晶寰€閲屾姌灏嗗鎶樼殑杈规崗鐗紝骞跺皢涓よ竟鎶樿捣鏉ョ殑鍙f崗鐗㈠彸鎵嬫媷鎸囧畨鎹忎綇鍙抽《绔锛屽皢涔嬫崗钖勶紝灏嗗彉钖勭殑椤剁寰€涓嬫寜杩炵画鍚戜笅鎸夋崗褰㈡垚缁炶竟绾圭洿鑷冲乏绔?涓€涓洡铚婂舰姘撮ズ鍑虹幇 3.鍥涘枩钂搁ズ鍙栭ズ鐨竴寮犱簬鎺屽績 鏀惧叆閫傞噺鑲夐灏嗛潰鐨崗鎴愨€滅敯瀛楀舰鈥濇柟鏍?Uu Nau lead along ┖ TOWER Hen organs Hong inch Tang Sik Baoqing wedge Namida Nan agate Qi ship) Uu plate Shiwa lower garments (i) Chi Hay Newspaper Ke gallium Rongbao OilPainting fear Gan Cong Advertisement Hay Yakult study chi Cheng Hao v you receive sentences Wanqie  press锒 鍒 啩 咮 勮 彔 咔 源 麴 鐑  卒 囩  镄 咮 啲 咄 咆 唓 囗 囗 囗 囗 凗 囗 凗 凗 凗 凗 凗 凗 凗 咳紝鍏ラ攨钂哥害8鍒嗛挓鍙栧嚭鍗冲彲椋熺敤銆傛墍璋撯€滃洓鍠溾€濆嵆鎸囪捀楗轰笂鎵€鏀惧叆鐨勫洓绉嶉鑹插悇寮傜殑鑿滐紝鍙牴鎹嚜宸卞枩濂芥湁鎵€鏀瑰彉! 4.You can’t wait for the gallium to make up for the lack of gallium, and you can’t wait for it. You can’t help it, you can’t help it, you’re afraid of it, you’re afraid of it.冇 ズ 镄  鎶 Radio 麴 零 尾  竴 傴 傜 悜 覾 姾 姌 白 风害 1-2cmCM : 屾 岗 绱 у 啀 钖 噷 鎶?-2CM锛屽啀鎹忕揣濡傛閲嶅鐩磋嚦鍙︿竴杈癸紝鏈€鍚庢敹鍙f椂鎶婂熬宸寸◢寰悜涓婄繕鎹忕墷鏃㈠彲 5鍏冨疂楗哄彇楗虹毊涓€寮犱簬鎺屽績锛屾斁鍏ラ€傞噺棣咃紝瀵规姌鎴愬崐鍦嗗舰锛屾崗鐗腑闂村皢鍙冲崐杈Go home, go home, go, go, go, go, go, go, go, go, go, go, go, go, go, go, go, go, go, go, go, go, Go, Go, Go, Go, Go, Go, Go, Go, Go, Go, Go, Go, Go, GoWhat’s the matter? I’m sorry, I’m so happy, I’m so picky, I’m so clumsy.6.The fallen child of the chain is divided into different parts, the silicon is split, and the silicon is divided into different parts: the gallium is not the only one that can be exchanged with each other, and it is the same as the following:纴鍙虫坠鎷囨寚濂栬ざ鎶樻崗绱э紝閲嶅姝ラ銆傝嚦宸︾楗鸿竟骞跺皢涓ょ灏佸彛澶勬崗鐗€?

[Grain Mix Recipes]_ Nutrition Matching _ Practice

[Grain Mix Recipes]_ Nutrition Matching _ Practice

Grain cereals are an essential type of food in people’s daily life, and they are also a food that promotes the health of the human body. Because eating cereals for a long time, it will promote the joke and absorption function of the human body and improve the existence of the human body.Of various health issues.

Of course, if you want to absorb the nutrition of the whole grains, you must ensure a reasonable mix.

In the following, we will introduce the matching methods of several common cereals in detail for everyone!

First, glutinous rice is often replaced by steamed dumplings or porridge because of its fragrant stickiness, and it is very popular.

Li Shizhen said: “The glutinous rice is sticky, it can be used for wine making, it can be simmered, it can be steamed, it can be boiled, it can be fried.

“For example, glutinous rice and red date porridge is glutinous rice and red date porridge cooked with water, which is very suitable for autumn tonic.

Wine made from glutinous rice can be used to nourish fitness and cure diseases. In the autumn, diarrhea caused by coldness of the spleen and stomach can cause dyspepsia. You can use glutinous rice wine to boil it and add eggs to cook it. You can drink it with vitality, beauty, longevity, and relaxation.Effect.

Because glutinous rice is sticky and difficult to digest, it should be eaten in moderation, and children should not eat it.

Second, corn corn dumplings, buns, and some are also very suitable for autumn.

Europeans have also summarized the scientific way of eating: First, tortillas.

Mix garlic powder, black pepper, celery, etc. into cornmeal, and use tomato soup to reduce cholesterol.

The second is corn porridge, which is also commonly consumed by the Chinese.

The third is to use corn kernels to make tamale soup and salad, both delicious and nutritious.

Bean-cooked corn is an Indian way of eating. Mix fresh corn kernels and soybeans in a 3: 1 ratio, add a few spoonfuls of starch, pour in water, add the appropriate amount of salt and pepper, and cook slowly over low heat untilThe water is boiled and ready to eat.

Third, the method of adding rice to water or cooking rice is the easiest way. Its porridge is the most supportive, suitable for young and old.

There are also crushed rice to make rice cakes, noodles, and flour.

Guangdong rice noodles are ground into rice pulp, steamed out flat in a cage drawer, and then sprinkled with vegetable oil, rolled up, cut into sections with a knife, and dipped in soy sauce and sesame oil to eat.

The cross-bridge noodles in Yunnan have delicious flavors and are a special flavor cuisine.

The daily rice noodles can be eaten and cooked, but they can be simple and luxurious: Douhua rice noodles have a smooth and long-lasting taste, cold chicken rice noodles are rich in flavor, light and fragrant, and there is a casserole rice noodles floating with hot oil chicken soup.

Fourth, sorghum sorghum is not completely edible directly. It can also be used for sugar, wine, or flour noodles.

But those who have dry stools should eat less or no sorghum.

5. Soybeans Soybeans are considered to be cheap and good-quality nutrition. There are many ways to eat soy beans. You can cook them with skin and eat edamame. You can also peel or cook soup or stir-fry.

Different eating methods such as soy milk, tofu, and dried tofu also have different flavors and effects.

The predecessor of soy-edamame is a good snack for young and old. Japanese people like to blanch the edamame a little, sprinkle it with salt, cool it thoroughly with ice, and then refrigerate it in the refrigerator.

Soymilk is Chinese milk. It can also be used as a substitute for yogurt, for breakfast or for the night. You can also add small cut fruits such as pineapple, apple, cantaloupe, cherry and honey and mix well before eating.

[Compendium of Ganoderma lucidum wine recipe]_Ganoderma lucidum wine _raw material composition_raw material recipe

銆愮伒鑺濊嵂閰掗厤鏂瑰ぇ鍏ㄣ€慱鐏佃姖鑽厭_鍘熸枡缁勬垚_鍘熸枡閰嶆柟
The following are the most important issues: ℃, C, C, C, C, C, C, C, C, C, C, C, C, C, C, C, C, C, C, C, C, C, C, C, C, C, C, C, C缁濆ぇ閮ㄥ垎浜洪兘涓嶇煡閬撹繖绉嶈嵂閰掔殑閰嶆柟鏄粈涔堬紝涔熶笉鐭ラ亾鍚勭鑽厭鐨勫姛鏁堬紝鎵€浠ヤ笅闈负澶у璇︾粏浠嬬粛瀹濊吹鐨勭煡璇嗐€?1 銆 佺 伒 鑺 濅 漅 鍙 鍙 傛 印 閰 掞 斞 鍒 多 綔 铡 熸 枡 杉 ? 伒 鑺?0鍏嬨€佷汉鍙?0鍏嬨€佸啺绯?00鍏嬨€佺櫧閰?500 points of effect, and the effect of this is that you will be able to find out how to do it. If you want to do it, you will be able to find out how to do it.掑共鍚庯紝鍐嶅€掑叆鐩涙湁鐧介厭鐨勫鍣ㄤ腑娴告场锛屾蹈娉¤嚦10澶╁悗鍗Chong Ke  护 銆?2銆佺伒鑺濆北鑽场閰掞細 鍒朵綔鍘熸枡锛氱伒鑺濄€佷簲鍛冲瓙銆佸惔鑼辫惛銆佸北鑽悇15鍏嬨€佺櫧閰?00姣崌銆傚埗浣滄柟娉曪細鎶婄伒鑺濄€佷簲鍛冲瓙銆佸惔鑼辫惛銆佸北鑽竻娲楀共鍑€鍚庡垏纰庢斁鍏ョ罕Ning Tai  Juan  Ren – Welding Duomangepou Hanning Tai  receive Juyisuilei Chi Jianjieyanfei Fan  Zhao ang Fubenhanguo Haohuomenxiang  Lu Qucunyuchan Cheren 30 still water ╁ Manti冲彲楗敤銆?3 銆 互 銒 鑋 呋 鑍 鑺 The field is fine and detailed. What is it? 氱 伒 鑺?00鍏嬨€侀粍鑺?00鍏嬨€佸厷鍙?0鍏嬨€佺櫧鏈?0鍏嬨€佺櫧閰?00姣崌銆傚埗浣滄柟娉曪細灏嗙伒鑺濄€侀粍鑺€佸厷鍙傘€佺櫧鏈竻娲楀共鍑€鍚庡垏鎴愮墖锛岀劧鍚庣Do you want to set up a chain? Do you have a chain? Do you have a chain? Do you have a tweet?0 澶 ╁ 捗 鍗 冲 彗 憗  敤 銆?銆 伺 俒 鑺 漅 逅 汉 鍙 傞 傞 閰 嶆 南 Adorable 氱 伒 雺 忏 鐗?0 鍏 嬶 浜 勬 弬 20 鍏 嬶 麴 鍐 顸 獸 500 鍏 嬶 璴 績  伯 甏 介 介 覺 1500 姣 傣 嶌; 鍒 訓 硶 Adult Turn can be afraid of 璆 綏 璏 煏 煗 煗 煗 煗 煗 煨 綗 璅娴告场10澶╁悗寮€鍚ギ鐢?鐢ㄦ硶锛氭疮镞ユ湇2娆★纴姣忔20姣崌;鍔熸晥锛氭不鑲虹棬涔呭挸銆佺棸澶氥€佽偤铏氭皵鍠樸€佹秷鍖栦笉鑹€?I’m so tired of my stomach, I’m so tired of you. Nan Nan: What about you?0 鍏 嬶 笴 第 勬 5 鍏 嬶 麴 変 竷 5 鍏 嬶 璴 緾  伯 勏 介 介 見 500 姣  崌; 鍒 helm 綶 Adult Uncle’s Adjectives Drilling Out函绮櫧閰掞紝鐩栧ソ鐩栥€傛瘡澶╂悈鎷?娆 ★ 鍴 鍐 Rugged 濊 濂 圊 瀛 瀶 焴 Xuan Xuan told the field 15 澶 ╁ 嵆 鎴?If you have a sore throat, you will get 2 唆 ★ 姴 姣 忔 20 姣  崌;

[Difference between sugar apple and Sakyamuni]_Buddha_Differences

Are you squirting and squirting? How about squirting?
The world’s newest wind and water jets are squirting and spraying. The new wind is swiftly swiftly swiftly squirting and sloppy.鎰熸槸鏋佺敎锛岀朝绯殑锛岃€屼笖闈炲父婊戝锛屽彲浠ュ埗浣滄垚鏋滄眮锛屾灉闇诧紝鏋滈厭鍜岄ギ鏂欑瓑绛夛紝鍏朵腑涔熷彲浠ヤ綔涓哄ぉ鐒剁殑娉昏嵂鍜屽浼ゅ彛娑堣弻鏉€姣掔殑鍔熸晥锛屾墍浠ュ湪骞虫椂鐨勮惀鍏讳环鍊煎緢楂樸€傜暘鑽旀灊(瀛﹀悕锛欰nnona squamosa Linn.)鐣崝鏋濈銆佺暘鑽旀灊灞炶惤鍙跺皬涔旀湪;鏍戠毊钖勶紝鐏扮櫧鑹诧紝澶氬垎鏋濄€傚彾钖勭焊璐紝妞渾鐘舵姭閽堝舰锛屽彾鑳岃媿鐧界豢鑹?渚ц剦涓婇潰鎵佸钩锛屼笅闈㈠嚫璧枫€傝姳鍗曠敓鎴?-4 chains of “Don’t worry”, “Don’t worry, don’t you?”Do you have a braid?Do you have a shoulder to shoulder?  纴 琴 琚  井 姣?澶栬疆鑺辩摚鐙€屽帤锛岄暱鍦嗗舰;闆勮晩闀垮渾褰紝鑽殧瀹?Fistful of fistulas: What are the frustrations of the chains?棰椼€傛灉瀹炵敱澶氭暟鍦嗗舰鎴栨き鍦嗗舰鐨勬垚鐔熷績鐨井鐩歌繛鏄撲簬鍒嗗紑鑰屾垚鐨勮仛鍚堟祮鏋滃渾鐞冪姸鎴栧績鐘跺渾閿ュ舰锛屾棤姣涳紝榛勭豢鑹诧紝澶栭潰琚櫧鑹茬矇闇溿€傝姳鏈?-6鏈堬紝鏋滄湡6-11鏈堛€備腑鍥芥禉姹熴€佸彴婀俱€佺寤恒€佸箍涓溿€佸箍瑗裤€佹捣鍗楀拰浜戝崡绛夌渷鍖哄潎鏈夋牻鍩广€傚師浜х儹甯︾編娲?揸 板 小 饞 鄹 宁: 鹴 鍖 釖 懁 镙 擿 銆 傛 傛 夋 椺 敺 尽 嘽  褰 ㈤ 叿 叼 揼 雋 友 揓 揗 攗 攗 攕 ‘滕’.Hung Hsin-chung presses on the river. 2.34%: Just set?.3%: Aya?0.42%;绉嶅瓙鍚补閲忚揪20%銆傛爲鐨氦缁村彲閫犵焊銆傛牴鍙嵂鐢紝娌绘€ユ€ц丹鐥€佺簿绁炴姂閮併€佽剨楂撻鐥?鏋滃疄鍙不鎭剁柈鑲跨棝锛岃ˉ鑴俱€傜传鑳惰櫕瀵勪富鏍戙€備富瑕佷环鍊艰璧忎环鍊肩暘鑽旀灊闄ゅ彲浣滅儹甯︽灉鏍戠妞嶅锛岄€傚疁鍦ㄥ洯鏋楃豢鍦颁腑鏍芥瑙傝祻锛屽妞嶆垨鎴愮墖鏍芥鏁堟灉鍧囦匠銆傝惀鍏讳环鍊兼灉瀹炰富渚涢矞椋燂紝涔熷彲鍒舵垚鏋滄眮銆佹灉闇层€佹灉閰便€佹灉閰掋€侀ギ鏂欑瓑锛屽叾鏍瑰彲浣滄郴鑽紝鍙跺彲浣滀激鍙f秷姣掋€傛灉瀹炴瘡100鍏嬬暘鑽旀灊鏋滆倝缁勭粐钀ュ吇鎴愬垎鐨勫惈閲忥Xijia Village, hushed?.36. It ‘s a pity that it ‘s a shame. 18.0% ~ 26%: Just set?.14%?0.3%: ? Sichuan 0.6%?0.7% ⒊⒊ 姘 圲 咲 堢 墿 23.9%: 0.2%: 70.04%: Fan 1.0%: Do you have a lot of time?。42% admits to picking and picking 15.3%?18.3%: Chua?.2651 Lu Luma’s reading is 1.55鍏嬬瓑鍚湁寰堝浜轰綋鎵€闇€鐨勭墿璐ㄣ€傜暘鑽旀灊鍚赴瀵岀殑缁寸敓绱燙銆傚叿鏈夐檷琛€绯栫殑鍔熸晥锛屾槸鏈€浣崇殑鎶楁哀鍖栨按鏋滐紝鑳藉鏈夋晥寤剁紦鑲岃偆琛拌€侊紝缇庣櫧鑲岃偆;鐣崝鏋濈氦缁村惈閲忚緝楂橈紝鑳芥湁鏁堝湴淇冭繘鑲犺爼鍔紝鎺掕蛋绉瓨鍦ㄨ偁鍐呯殑瀹夸究銆俒4]鑽敤浠峰€肩暘鑽旀灊鍏锋湁婵€娲昏剳缁嗚優鐨勫姛鏁堬紝鍦ㄥ浗澶栧父鐢ㄦ潵娌荤枟鑴戣悗缂┿€傛偅鑰呯粡甯搁鐢ㄩ噴杩︼紝瀵逛簬鐥呯棁鐨勫噺杞绘湁鏄庢樉鐨勮緟鍔╅鐤椾綔鐢紝姝ゅ锛岄噴杩︾氦缁村惈閲忚緝楂橈紝鑳芥湁鏁堝湴淇冭繘鑲犺爼鍔紝鎺掕蛋绉瓨鍦ㄨ偁鍐呯殑瀹夸究锛屽悓鏃讹紝瀹冭繕鏄渶浣崇殑鎶楁哀鍖栨按鏋滐紝鑳藉鏈夋晥寤剁紦鑲岃偆琛拌€侊紝缇庣櫧鑲岃偆銆俒4]浠?970 骞 村 紑 欮 嬶 揿 揿  浠 Ammonia 闍 Patent  鐣  崝 鏋 湘湘 島 屼 簋 20 氶 氶 “Scythe ┒ 銆 傜 爷 滒 曏 個 揋 氆》冨彇鐗╁彲鏈夋晥瀵规姉12绫荤檶鐥囩殑鎭舵€х粏鑳烇紝鍏朵腑鍖呮嫭缁撹偁鐧屻€佷钩鑵虹檶銆佸墠鍒楄吅鐧屻€佽偤鐧屽拰鑳拌吅鐧岀瓑銆傚悓鏃讹紝鐣崝鏋濊繕鍏锋湁鎶楃湡鑿屽拰鎶楀瘎鐢熻櫕鐨勫姛鏁堬紝姝ゅ锛屽畠杩樿兘甯姪璋冭妭琛€鍘嬶紝杩樻槸涓€绉嶆姉鎶戦儊鍓傚拰骞胯氨鎶楃敓绱犮€?

Contemporary Mingcheng (600136): Financial pressure eased for non-public approval

Contemporary Mingcheng (600136): Financial pressure eased for non-public approval

Event: The company issued an announcement and the non-public offering of shares was reviewed and approved by the CSRC.

Non-public matters have landed smoothly, and financial pressure has helped remedy.

On July 5, 2019, the CSRC reviewed and approved the company’s non-public issue of A shares.

The company plans to issue no more than 97.44 million shares and raise no more than 18.

7 billion of funds were used to acquire equity in Xinying Cayman.

The issue targets are contemporary group, Li Jianguang, Yu Lingxiao and Li Hongxin, with subscription rates of 40% and 27 respectively.

5%, 22.

5% and 10%.

In September 2018, the company completed the acquisition of Xinying Sports and became a wholly-owned subsidiary of the company.

The total consideration of this transaction is 500 million U.S. dollars, and all cash payments have caused certain financial pressure on the company (financial expenses in 2018 were 3).

700 million).

The successful launch of the initial public offering 杭州夜网论坛 will greatly ease the company’s financial pressure, and the profit suppression factor is expected to be partially lifted.

The company is a leading sports copyright operator and sports marketing service provider.

The main players of the company’s sports business are Xinying Sports and Double-Edged Sword Sports. They are important players in the domestic and global sports markets. They have successfully completed the sale of the 2018 World Cup sponsorship rights and also ended the 27-year occupation of Lagardale and won 2021-2028AFC Global Exclusive Commercial Rights.

At present, the company has 2018-2022 UEFA national team series games, 2019 / 2020-2024 / 2025 season La Liga all-media copyrights, 2021-2028 AFC-related games all-media copyrights, building a very complete copyrightmatrix.

We are very optimistic about the development of the company’s sports business: 1) Not long ago, China defeated South Korea and other competitions and successfully won the right to host the 2023 Asian Cup.

Asia is an important emerging force in international football. It is in a fast-growing fast lane and the golden window of the rapid development of corporate ownership in Asian football.

2) With the merger of Wu Lei, the attention of La Liga has skyrocketed, and the value of copyright in the league is bound to rise. The company is the core beneficiary of La Liga’s copyright appreciation.

3) At present, domestic enterprises have gradually realized the core value of sports marketing. As a leading sports marketing service provider in the country, the company has rich industrial resources, strong professional capabilities, and has an alternative competitive advantage.

Earnings forecasts and investment advice.

Without considering the impact of the fixed increase event, we expect the company’s EPS for 2019-2021 to be 0.

42 yuan, 0.

70 yuan, 0.

83 yuan.

The company is a leading sports copyright operator and marketing service provider in China, with rich industrial resources, a comprehensive copyright matrix, and maintains a “buy” rating.

Risk reminder: the risk of major changes in sports policy, the risk of business integration or less than expected, the risk of event copyright acquisition or less than expected, the operation of M & A projects or the risk of less than expected.

SF Holdings (002352): Market share, cost margin improvement Q3 deduction of non-net profit growth rate of 62% cautiously optimistic in the future

SF Holdings (002352): Market share, cost margin improvement Q3 deduction of non-net profit growth rate of 62% cautiously optimistic in the future
Event: SF released three quarterly reports (1) Q1-Q3 SF achieved net profit attributable to mother 43.110,000 yuan, an increase of 44 in ten years.77%; operating income 787.7 ppm, an increase of 20 in ten years.37%; gross profit margin 19.31%, a year up 0.9.  (2) In the single quarter, the operating income of SF Holdings Q3 was 286.950,000 yuan, an increase of 25 in ten years.36%; Net profit attributable to shareholders of listed companies11.810,000 yuan, an increase of 61 in ten years.62%; gross margin 18.43%, an increase of 0 a year.96 tablets.  Comments: (1) The market competitiveness of new products is strong, and the inflection point of market share appears. Since SF launched the “Special Offer” product in May, the business volume has continued to increase. Q3 SF achieved business volume of 12.2.4 billion votes, an increase of 30% in ten years.The increase in business volume reflects the recognition of the SF brand in the sinking market.With the continuous advancement of SF’s sinking strategy, the company’s market share will continue to increase.  (2) The maximum production capacity continued to increase, and the third-quarter performance exceeded expectations for 2018 SF Capital Expenditure 116.3.9 billion, a large number of capacity releases inhibited SF’s performance for the year, the Q3 performance base value for the same period last year; Capex scale shrank to 45 in the first three quarters of 2019.9.1 billion, supplementing the business volume brought by new products further increased SF ‘s capacity utilization rate. At the same time, the 3 billion cost control policy continued to advance, and multiple improvements overlapped. SF Q3 performance exceeded expectations and increased by 62%.  (3) The only comprehensive logistics target with long-term growth potential. SF Express is the first of the express delivery companies to implement comprehensive logistics layout. Its express, cold chain, and supply chain businesses have good momentum to continue to reduce losses. Among them, the express transportation business is 武汉夜网论坛 expected to achieve profit and loss by the end of the year.Balanced, short-term performance has support.In the long run, the core competitiveness of the industry is still cost. How to achieve the balance between the timeliness of logistics products and services at the lowest cost is still a major challenge for logistics companies. Can SF, which has already taken a step, continue to advance on the large logistics track?We are cautiously optimistic.  Investment suggestion: The company’s operating income is expected to be 1069 in 2019-2021.87, 1217.50, 1399.3.5 billion, net profit was 56.52, 63.47, 73.43 trillion, corresponding to PE of 30.34 times, 26.99 times, 23.32 times.Maintain the “Recommended” level.  Risk Tips: Macro growth forecast, intensified competition in the high and high end, excessive growth in business volume leading to 返回码: 500 网站打不开?重查 liquidation

Shengnong Development (002299) 2019 First Quarterly Report Review: High performance for many years, optimistic about the continued boom in chicken prices

Shengnong Development (002299) 2019 First Quarterly Report Review: High performance for many years, optimistic about the continued boom in chicken prices

Highlights of the report The event describes Shengnong Development’s first quarterly report for 2019.

The company’s 2019Q1 operating income was 30.

84 ppm, an increase of 31 in ten years.

17%, compared with 11 formaldehyde.

65%, net profit attributable to mother is 6.

53 trillion, an increase of 414 in ten years.

14%, ring-on-epoxy 6.

89%, basic EPS0.

53 yuan.

At the same time, the company expects net profit attributable to mothers to be 13 in the first half of 2019.

50?
15.

00 ppm, an increase of 302 per year.

98%?
347.

75%.

Event Comments The average price of chicken meat increased in the first quarter of 2019. The price of chicken meat rose and the company’s first-quarter performance increased, and the sales volume of chicken meat decreased to a slight decrease.

The overall price of chicken products continued to rise in the first quarter of 2019, and the prices of chicken products in the main producing areas11.

75 yuan / kg, an increase of 21 per year.

54%, up 0 from the previous month.

03%, the company’s major major customers’ order prices are also expected to continue to rise.

In addition, the price of feed ingredients dropped significantly in the first quarter. The average spot price of soybean meal in the first quarter of 2019 was 2,779 yuan / ton, a year-on-year decrease of 9%.

88%, down 17 from the previous month.

68%, and the company continues to consolidate and strengthen internal management. Based on this, the company’s chicken chicken full cost in the 北京桑拿洗浴保健 first quarter of 2019 continued to be the estimated average.

Under the double improvement, the company’s net profit margin for sales in 2019Q1 reached 22.

04%, the highest level since the company went public, and rose more than 16%.

67 averages, up 1 from the previous month.

04 averages.

Affected by the Spring Festival, the first quarter is generally the season when the company’s chicken meat sales are the lowest, and the company’s chicken meat sales in 2019Q1 are also expected to decrease from the previous month. As a result, the company’s 2019Q1 performance has decreased by 6 from the previous quarter.

89%.

The industry boom is expected to continue in 2019, and the company’s profit growth will further increase.

Specifically: 1. The company is still expanding its production capacity. Recently, the company announced 重庆耍耍网 its intention to acquire the subsidiary Ousheng Agriculture and Animal Husbandry, 49% equity of Ousheng Agriculture and Animal Husbandry held by Ouxi Investment, a minority shareholder of Ousheng Investment, and 49% equity of Ousheng Industrial.It is planned to increase the capital of the subsidiary Shengnongpu City by USD 800 million through debt-to-equity swaps, which will further strengthen the expansion strength of Shengnongpu City. The company’s chicken meat sales are expected to increase by 10% in 2019; 2. Industry scale, the current number of ancestral chickens in productionThe stock of parent breeders and parents is still at a low level, and the long-term forced moulting has poor breeder quality, production performance indicators, and considering that African swine fever is expected to increase chicken substitution consumption, the industry’s high prosperity in 2019 is expected to continue.

In addition, the price of soybean meal is expected to increase in 2019, and the company continues to optimize internal management, and costs are expected to continue to decline.

Give the company a “Buy” rating.

We expect Shengnong Development’s EPS to be 1 in 2019-2021.

97, 2.

02 and 2.

03 yuan, corresponding to PE are 13.
64, 13.

28 and 13.
26 times, giving the company a “Buy” rating.

Risk Warning: 1.

The introduction of ancestral chickens significantly increases the risk; 2.

The industry has a large number of mandatory moulting risks.

Desai Xiwei (002920): New customers and new business at the inflection point Q2 achieved a major breakthrough

Desai Xiwei (002920): New customers and new business at the inflection point Q2 achieved a major breakthrough

Investment Highlights: The company released its semi-annual report for 2019: operating income in the first half of the year22.

710,000 yuan, at least -20.

59%, net profit attributable to mother 1.

02 ppm, -64 per year.

37%, net profit after deduction is 46.42 million yuan, many years -82.

36%.

The company released its expectation on operating results for January-September 2019: It is estimated that net profit attributable to mothers will be 32.76 million to 52.76 million yuan in the single quarter of 2019, and net profit attributable to mothers will be 51.28 million yuan in the single quarter of 2018, totaling -36.

11% to 2.

90%.

The results of the first half of 2019 are in line with expectations, and the growth rate of Q1 to Q3 2019 has improved quarter by quarter, and there is an inflection point!

According to the annual revenue and profit growth chart for 2018-2019 and the third quarter notice, 2019Q1-Q3 profit growth rates were -73% /-54% /-16% (median), which gradually improved and the inflection point appeared.

Q2 single quarter revenue improved month-on-month, and gross profit margin picked up. It is expected that the reason for the quarter-on-quarter revenue improvement was that new products or new listing models improved in Q2. The rise in gross profit margin was mainly due to the increase in volume and the dilution of fixed costs.

From the overall perspective of the first half of the year, the company’s supporting vehicle sales totaled 2.56 million units in the first half of this year, and 3.25 million units in the same period last year, each time -21%, matching the change in revenue scale-the overall domestic automobile market was sluggish in the first half (declining sales)14%) was the most important factor leading to the increase in Desaixiwei’s income.

The expansion of telematics system (-59%) is greater than the decline of telematics system (-13%), mainly because the telematics supporting customers are mainly independent brand customers, while the 南宁桑拿 telematics supporting customers are joint venture brand customers.The range of passenger car sales of joint-venture brand OEMs in the first half of the year (-8%) was significantly smaller than that of independent brand OEMs (-22%).

In terms of single quarter results, Q2 achieved revenue of 12 quarters.

68 ppm, higher than -13%, a month-on-month increase of + 26%, showing significant improvement. According to Xiwei’s supporting car data, sales of the Q1 supporting car series were 1.37 million units and Q2 was 1.19 million units.Under the circumstances, the revenue has achieved a reverse growth. We are said to be mainly due to the listing of new Q2 products or some new models equipped with the company’s products; in addition, the gross profit margin for Q2 2019 was 23.

28%, gross profit margin for 2019Q1 is 20.

56%, 佛山桑拿网 ranking improved by 2 in Q1.

72%, initially due to rising growth and dilutive fixed costs.

Although the company’s performance is still under pressure from the financial report, we believe that there are several important information in this interim report that are worthy of investor attention.

It reflects that the company’s fundamentals are already in a period of major transformation: (1) The company’s new breakthroughs in new customers such as Toyota, Changan Ford and other large joint venture brands indicate that the company’s customer structure and profitability will be significantly optimized in the future.

(2) Valet parking (L3), V2X (Vehicle-Road Synergy) products have been designated by internal and international leading car manufacturers, and will be mass-produced in 2021 and 2020, respectively-indicating that Desaixiwei’s technical capabilities have increased from L2By L3, the business boundary of intelligent driving has also been extended from “single vehicle intelligence” to “connected network (cooperation between vehicles and roads)”.

(3) The “pure software” business of the Internet of Vehicles has been approved for multiple joint venture brand project orders, indicating that Xiwei is no longer a pure hardware company.

It can clearly be seen that the company has gradually started to step out of the “hardware” comfort zone that it is good at and develop the “softening” logic of the software profit model.

Revise down earnings forecast and maintain “Buy” rating.

We will desaixiwei 2019/2020/2021 EPS from 0.

83 yuan / 1.

26 yuan / 2.

13 yuan was reduced to 0.

49 yuan / 0.

88 yuan / 1.

61 yuan, the current sustainable corresponding PE is 53 times / 29 times / 16 times.

We remain optimistic about the company’s certainty of high growth performance in the second half of next year and the following year, as well as the logic of long-term growth, and we maintain our previously known “Buy” rating.