Weekly Wine News | Langjiu issued a 10 million yuan award, the epidemic affected the European wine industry

◆ Achievement Jinsha Wine’s sales target for this year is 2.43 billion. On the afternoon of 9th, Jinsha Wine’s Ancient Online Distributor Conference disclosed that the company’s revenue in 2019 exceeded US $ 1.5 billion, an increase of 165%.By 2020, the sales target of Jinsha Wine Industry is US $ 2.4 billion, re-accelerate the national layout, and adjust the product structure as the annual focus.At the same time, Jinsha Wine Industry plans to increase the production capacity of sauce and fragrant wine1 within two years, and strive to achieve the listing of the main board in 2024.As of the end of February, Jinsha Liquor Industry has realized a payment of 5.600 million, to complete the first quarter target in advance.Dynasty Wines ‘estimated annual combined maximum of over 60 million supplements on the evening of March 13th, the profit warning issued by the once-crossed“ Financial Fraud ”storm Dynasty Wines revealed that its total annual audited comprehensive cost for 2019 will be reduced by approximately 10% annually—20%.Based on the estimated amount of substitution of 79 million in 2018, it is expected that Dynasty Wines will gradually replace approximately 71.1 million substitutions-63.2 million substitutions.Dynasty Wine said that the narrowing of the company’s decrease was due to reduced costs and expenses; and the expected decrease in revenue was mainly due to the economic growth rate during the year, which led to a decline in sales and the impact of reduced sales of imported wine.◆ E-commerce sales Liquor online more than 2 billion days in January-February 2020, according to Ali online e-commerce data for January-February this year.The data shows that Liquor ranks 20th in the January-February online.3.9 billion US dollars, an increase of 58 per year.41%, sales volume 506.810,000 pieces, down by 5 every year.06%, average price 402.26 yuan, an increase of 66 per year.86%; single February liquor online publication 2.$ 5.1 billion, an annual increase of 47.86%, sales volume 88.810,000 pieces, an annual increase of 7.12%, average price 282.96 yuan, an annual increase of 38.04%.According to data analysis, the average selling price of liquor online has increased significantly.To proceed, the average price of conventional institutions indicated that the frequent loosening of policies will increase consumer demand. High-end liquor has certainty triggered, and it is optimistic about the liquor sector.E-commerce sales increased by 7%. Gu Xiaojiu’s trial of digital warfare “epidemic” As a “digital liquor brand” established only two years ago, Gu Xiaojiu, which is still in its growing stage, suddenly encountered a new coronary pneumonia epidemic. Its 15,000 stores in the countryThe sales of offline terminals were temporarily surrounded by stagnation, and the launch of new plans was also delayed.However, in the case of logistics shutdown and catering business, Gu Xiaojiu e-commerce sales increased by 7% compared with the same period last year. The internal evaluation results show that the epidemic has a substantial impact on Gu Xiaojiu.Liu Fei, founder of Gu Xiaojiu, believes that this just confirms the industrial advantages of the e-commerce model. Gu Xiaojiu will also serve every consumer through new products, new social networking, and new retail in the future.◆ Recognition and Recognition Langjiu Group issued a 10 million yuan prize. On March 12, the quality brand taste and the first Langjiu Quality Award commendation ceremony and the opening ceremony of Langjiu Manor Company were antiques at Gu Lin Langjiu Estate. At this meeting, LangjiuThe group submitted a total of 10.9 million cash awards to teams and individuals who have contributed to the improvement of Langjiu’s quality.In addition, the Langjiu Manor Company and the management team also made a collective appearance, which also marked the new stage of the systematic and professional operation of Langjiu Manor.Chairman Wang Junlin said in his speech that Langjiu Manor, as the carrier of Langjiu quality and the core development engine, has been built 60%, and it is expected to be fully completed in 2023.Figure / micro screenshot of Langjiu Official ◆ Resume and resume production Hubei liquor company Baiyunbian wine industry brewing system officially resumes production On March 11, Hubei liquor enterprise Baiyunbian wine industry brewing system officially resumes production.It is reported that Baiyunbian Company followed the steps of “brewing first, packaging management, and then field work” for this resumption of production plan, and promoted the division of work.As a liquor brand in Jingzhou, Hubei, Baiyunbian Liquor has been recognized by the former Ministry of Light Industry as a typical representative of the national thick sauce and fragrant liquor with its unique style of “aromatic and elegant, harmoniously coordinated, thick and sweet, and mellow.”Under the epidemic, in response to market demand, from February 26th, Baiyunbian has been issued outside the province.◆ Fighting rights counterfeiting Fuyu Group announced the elimination of multiple fake “Benfu” wines. On March 13, the American wine listed company Fuyi Group (Treasury Winery, referred to as TWE) issued a document on the official WeChat public account that the group recently passed a civil lawsuit.Administrative investigations, customs seizures, and other judicial and administrative means to protect rights, crack down on proprietary products such as WOLF888, BYFOLDS, Xingrui Benfu, Benfunio, Benfletti, Benfu Hailan, “These products are seriously infringingThe Wolf Blass of the Fuyi Wine Group and the Penfolds Penfolds brand.”◆ Zhang Li, General Manager of Personnel Wine Convenience, resigned for personal reasons. On March 10, Henan Wine Convenience Commercial Co., Ltd. (hereinafter referred to as Wine Convenience) issued an announcement saying that he had received the resignation report submitted by General Manager Zhang Li on March 9.And it took effect on that day.In essence, the company intends to apply for a credit of RMB 10 million from China Everbright Bank Co., Ltd. Zhengzhou Branch for a period of 1 year.◆ The exhibition epidemic affects the European wine industry. Several announcements have cancelled or replaced the new coronary pneumonia epidemic. The reporter has learned that many domestic and foreign wine exhibitions and wine tasting activities have been announced or cancelled, among which was originally planned for EuropeMany wine exhibitions of antiques in some countries have interfered. There have been many meetings in recent days, and the event has been cancelled or postponed.Including the OIV Spring Conference, ProWein 2020, Burgundy Wine Tasting and other exhibitions have been canceled, the United Wine Show in Italy, Vinexpo Hong Kong showroom replaced.Sauna, Ye Wang Xu Jingjing Editor Li Yang proofreading Li Ming

The lowest salary player in the league scored 80 points together, directly extinguishing the 5 straight winning heat

The lowest salary player in the league scored 80 points together, directly extinguishing the 5 straight winning heat
Garrison Matthews (left) celebrates with his teammates, he scored 28 points in this field.Similar to the Knicks and Hawks, the Wizards are one of the worst teams in the Eastern NBA and have the worst record, but when they were once family stars, they were picked by many of the bench players.Starting from the girders, the battle will be more and more courageous, and the heat in the top three in the east will be cut down.Today, the Wizards sit at home against the Heat. The former is ranked third from the bottom in the east, and the other is ranked in the top three in the east. Bill, the Wizards star, missed the second game in a row.Thomas, a well-known star, almost no one thinks that the Wizards can beat the Heat youth team led by Butler. The final result was unexpected. The Wizards easily won 123 to 105, ending the Heat’s five-game winning streak.Comparing the performance of the two sides, the Heat star Butler scored 26 points. Adebayor, Nunn, Duncan Robinson and other young Heat players also made stable contributions, but still failed to withstand the impact of the Wizards bench.The legendary Wizards successfully defended their home court.According to statistics, the Wizards substitutes of this campaign scored 80 points together, setting a single record for the team’s history. Among them, McRae, Garrison Matthews and Ismail Smith contributed 29 points, 28 points and 19 points, respectively.It is an important contributor to the team’s victory.In particular, two-way contract player Garyson Matthews is one of the lowest paid players in the league. This is only his rookie season. His first double in his career was a big explosion. He shot 6 of 9 from the field, including three pointers.4 of 7 shots, 12 of 13 free throws, scored a career-high 28 points.Wizards coach Brooks even said, “If Bill is playing in the next game, I will not be frustrated, but we will not be too hasty, because the team now has Garrison.”

[How to make lard pancake]_how to make_how to make

[How to make lard pancake]_how to make_how to make

Many girls who lose weight will sniff when they hear lard. This thing is not decent if you eat too much. In fact, otherwise, any overeating of food will cause you to gain weight. Pork has a high protein content and has a bowel moisturizing effect. A small amountIt will not make you fat, but it will make the skin shiny. In addition to cooking, lard can also be put in lard cakes, crispy and delicious, and suitable for all ages.

Here’s how to make this delicious lard cake.

Lard cake is one of the pastries in rural people in Northwest China. Because it is easy to make, it is crispy but not greasy, and it is loved by ordinary people.

The production method is as follows.

Ingredients: 500g of flour and 200g of lard.

First, prepare the lard stuffing, first cut the lard into small broken cubes. Note: it is not refined lard, it is raw lard, or it can be removed from fat.

Add the chopped chopped lard to a larger container and add: green onion, salt, pepper powder (can be replaced by thirteen incense), a small amount of chicken essence (lard cake with rice soup is the best, boil in advance before pancakesAdd a pot of rice soup, rice and millet according to personal preference, and then add an appropriate amount of dry flour (not too much, it is advisable to cover the lard with flour), stir well, and set aside after mixing.

Second, the noodles must be boiled with boiling water-prepare flour and use hot water for boiling (preferably do not use plastic containers, it is easy to be deformed and produce harmful substances), while using water, use chopsticksStir, master the amount of water, not too much, not too little. Forget about adding salt, it’s okay. At this time, make up a little bit. After mixing well, start rubbing, knead the noodles in the bowl, and knead them wellKnead the dough into a round stick, push it to the corner of the chopping board, and finish the dough.

Third, the pancake cuts the noodle sticks into the appropriate size, and then flattens. To prevent sticking, you can sprinkle some dry flour. Overall: This step is basically the same as bun bun rolling. In order to save time, you can giveThe pan or electric baking pan is heated up with electricity, and then add a little oil, preferably the cranberry oil or rapeseed oil squeezed in the home, and the ones in the city should use the supermarket brand!

Put an appropriate amount of lard on a good skin, wrap it in the same way as a bun, flatten it, roll it into a small pancake, and put it in a pot. When you turn it around, you can bake it for another 1-2 minutes.

The fire should not be too big.

When you bake, it will produce oil, and the cake will be tender and crispy inside and delicious.

Lard is a fat extracted from pork. At first, it is a translucent yellow edible oil. After solidifying, it is a white or light yellow solid, similar to cream.

However, the effect of lard will never increase the flavor and taste. It can nourish the five internal organs, especially the spleen, stomach and lungs, make the spleen and stomach strong, appetizers help digestion, and nourish lungs and cough.

In addition, eating lard can make people’s skin smooth and delicate, elastic, and can treat hair loss.

Not only that, lard also lubricates the initial function, which can make people defecate unobstructed.

The lard in pancakes can be refined on its own. The whole process of cooking lard is a small fire. Avoid too much oil residue and destroy the taste and composition of the oil. When the oil is low, you can gently heat evenly.

Put some salt or sugar before the lard is solidified to make it longer. After the lard is completely cooled, it will be white paste.

The boiled oil residue is not wasted, and the cooking or filling is good.

[How to make red amaranth egg soup?】 _How to do_How to do

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[How to make fresh beef steak]_How to make_How to make

鐗涙帓鏄タ椁愪腑闈炲父閲嶈鐨勪唬琛紝闅忕潃楗鏂囧寲鐨勪笉鏂櫘鍙婏紝瓒婃潵瓒婂鐨勪汉寮€濮嬫帴鍙楄タ椁愩€備笉杩囷紝鍚冧竴椤胯タ椁愭槸涓€鑸潵璇存槸寰堟槀璐电殑锛岃嚦灏戝湪寰堝浜虹溂閲岋紝鐗涜倝鍒舵垚鐗涙帓鐨勪环鏍兼槸涓嶈兘鎺ュ彈鐨勶紝鎵€浠ヤ細鑷繁璐拱椴滅墰鑲夋潵鍒朵綔鐗涙帓銆傞偅涔堬紝椴滅墰鑲夋€庝箞鍋氱墰鎺?涓嬮潰鍜变滑灏辨潵璇︾粏鐪嬬湅鏂规硶鍚с€傚仛娉曚竴鈷堥鏉愬噯澶囩墰鎺掋€佽懕澶存眮锛岄粍閰掞紝楦¤泲锛岃荆閰辨补锛岃晝鑼勬矙鍙革紝榛勭摐鐗囥€佸湡璞嗘潯鎴栫敓鑿滃拰钑冭寗鐗囥€傗拤鍒朵綔姝ラ鈶村Sorry, it ‘s 100, it ‘s a hundred tons, and it ‘s very difficult to see what ‘s going on in the world.杞敜鎷嶆墦锛岃繖鏍风墰鑲夊悆璧锋潵鍏ュ懗涓夊垎銆傗懙 鐩村緞涓€瀵稿崐鐨勫渾钖勭墖锛岄殢鏈虹敤鍒€鏂╁嚑涓嬶紝鍐嶆妸鑲変慨鍦嗭紝鎶婄墰鎺掗€愮墖鏀惧叆鐢ㄨ懕澶存眮銆侀粍閰掔瓑璋冩垚鐨勫崵姹佸唴鎷栦竴鎷栵紝鍙栧嚭鑵屼簲鍒嗛挓锛屽啀鐢ㄨ泲绯婃秱鎷?It ‘s not easy to break it down, and it ‘s broken. It ‘s easy to read it. I ‘m going to distinguish it. I ‘ll tell you what ‘s going on, what ‘s going on, what ‘s going on, what ‘s going on, what ‘s going on, what ‘s going on, what ‘s going on, what ‘s going on, what ‘s going on, what ‘s going on, what ‘s going on.Calendars and calendars are as follows: the following is the case: the day is going on and the way is going to go up and down, it’s going to work, it’s going to work, it’s going to work.鍏嬧拤璋冩枡鐩愩€佺硸銆佽儭妞掋€侀叡娌广€侀厭銆佸懗绮鹃€傞噺鈷婂埗浣滄楠も懘鐗涙帓鐢ㄥ垁鎷嶏紝What are you talking about? What are you talking about? What are you talking about?鈶 电 坛 鎺 掓 斁 鍦 ㄧ 儰 鏋 多 笂 鍏 ョ  鐑 樼 儰 姽 厛 鐑?5 闒 嗛 挓 Adorable?0鍒嗛挓鍗冲彲銆傚仛娉曚笁鈷堥鏉愬噯澶囩墰鎺掋€佸湡璞嗐€佺敓鑿溿€侀鐩愩€佹﹦姒勬补銆佺孩閰掋€侀粦鑳℃鈷夊埗浣滄楠も懘灏嗙墰鎺掑垏鎴?鍏垎鍘氾紝骞剁敤鍒€鎶婅倝鎷嶆澗鈶靛啀灏嗙墰鎺掍袱闈㈡秱鎶瑰皯閲忕洂銆侀粦鑳℃銆佺孩閰掞紝鐢ㄤ繚椴滆啘鍖呭ソ鏀惧湪鍐扮閲?涓皬鏃垛懚鐢熻彍娲楀噣銆佸湡璞嗗幓鐨€佸垏鏉$姸澶囩敤鈶烽攨涓斁鍏ユ﹦姒勬补锛屾斁鍏ュ湡璞嗘潯涓伀鐓庘懜鍦熻眴鏉$厧鐔熷悗鎾掔洂锛岃鐩樷懝閿呬腑鍐嶅姞涓€浜涙﹦姒勬补锛屾斁鍏ョ墰鎺掍腑鐏厧Adorable?鍒嗛挓鈶哄啀鏀惧叆灏戦噺鑳℃绮夈€佺孩閰掔厧鍑犵鍗冲彲鍑洪攨鎽嗙洏鍋氭硶鍥涒拡鍘熸枡鑲嬬溂鐗涙帓涓€鍧?400 sorrowful?What is the difference between ℃ and ℃?0鍏嬨€佺洂2鍏?Cobalt is so sorrowful and fearful that the ruggedness is rugged and the rudder is up and down, and the umbrella is up and down, the chain is up and down, and the chain is up and down.鈶电(浜涢粦鑳℃鍧囧寑鐨勬拻鍦ㄤ袱闈紝鍐嶆秱涓婇粍娌广€佺洂锛屾寜鎽╀竴涓嬶紝鏉惧紱30鍒嗛挓;鈶Chop all over it?20, donate, donate, donate, donate, don’t forget, don’t you think?0 鍒 嗛 挓; 颶风 邕 闱 ㈠ 吀 鐑?鍒嗛挓锛屽氨鍏垚鐔熶簡銆傚鏋滃枩娆㈠悆瀚╀竴浜涚殑锛屾椂闂村彲浠ョ缉鐭负(涓€闈?鍒嗛挓锛屽啀涓€闈?鍒嗛挓);鈶哥墰鎺掕鐩橈紝鍒╃敤鐑ょ洏閲岀殑浣欐俯鍜岀墰娌癸紝鍐嶇児杩涘幓2鍕虹孩閰掞紝鏈€鍚庡潎鍖€鐨勬祰鍦ㄧ儰濂界殑鐗涙帓涓娿€傚仛娉曚簲鈷堝師鏂欑墰鎺掋€佺孩閰掋€侀粦鑳℃銆佺洂銆侀粍娌广€佺孩钖€佹煚妾眮銆侀粍鐡溾拤鍋氭硶鈶翠拱鍥炴潵鐨勭墰鎺掞紝娲楀噣浜嗭紝鏀捐繘淇濋矞琚嬮噷锛岀敤鑲夐敜瀛愮牳涓€閫?Taidianbiwei (ii) Huijuancongzhui bail ㄩ lin Jian ℃  Qishanrensui Xieren Lianqiaili ¤ Bengjianleiwa Juansuihecen Yu Cun Feidonghaiju?For the most part, you will be able to find out how to use it. You will be tired of it. You will be able to see it in a short time. You will be able to see if you ca n’t do it.姗勬娌癸紝鍊掑叆鍒囧ソ鐨勭孩钖潡锛屽皬鐏參鐓庣啛锛屽嚭閿咃紝鍒囬粍鐡溿€佹煚妾憜鐩?鈶锋斁榛勬补涓€鍧楋紝鍖栦簡浠ュ悗鏀惧叆鐗涙帓锛岀厧2鍒嗛挓鍚庣炕闈紝鐓?闒 嗛 撓 咖 庈 妈 禈 禈 禈 勈 勈 勈 勈 2 鍒 嗛 挓 岀 沓 萩?On the spot, there is a lot of trouble in the chain, and it ‘s not a good idea. It ‘s very easy to do it. It ‘s very easy to do it. It ‘s not too easy to do it.潰绯婄硦鐨勯偅涓€傛堡姹佹敹娴撳悗锛屾祰鍦ㄧ墰鎺掍笂鍗冲彲銆?

[Can pregnant women eat green peppers]_Pregnant women_Can you eat

[Can pregnant women eat green peppers]_Pregnant women_Can you eat

Green pepper is a relatively common home-cooked dish. Green peppers are used after various optional things in cooking.

Although green pepper has some capsaicin, it is a good food for pregnant women, because the content of vitamin c in green pepper is rich, eating green pepper in moderation can improve the pregnant mother’s physique and enhance immunityIt can also promote the development and growth of abdominal hypertension, so pregnant women can eat green peppers.

First, can pregnant women eat green peppers? Pregnant women can eat green peppers. Eating green peppers will bring many benefits to pregnant women.

Green peppers are rich in vitamin C, which can improve the immune function of pregnant women, can control hypertension and coronary arteriosclerosis, and reduce cholesterol; lowering, green peppers also contain supplemental antioxidants, which can prevent cancer and other chronic diseases; at the same time, green peppers alsoCan make the airway open, can treat coughs and colds.

When pregnant women are not eating well and the amount of meals is reduced, you can put some green peppers in the dishes. This will improve the appetite of pregnant women and increase their meals.

Because green pepper has a strong role in promoting blood circulation, it can improve the symptoms of cold, frostbite, and vascular headache that pregnant women may have during pregnancy.

Green pepper contains a special substance, which can accelerate the metabolism of pregnant women to achieve a slight effect of burning the body, and the effect is very significant, thereby reducing the effect of weight loss.

This substance can also promote hormonal secretion, which has a good cosmetic health effect on the skin of pregnant women, and is a “tonic” for women.

Therefore, pregnant women can eat green peppers, but pay attention to the selection of non-spicy varieties, and pay attention not to eat too much, and finally pay attention to the ingredients should be avoided.

For example, green pepper can be combined with mung bean sprouts. This dish adds vitamin C and carotene, which is a refreshing dish for pregnant women and can relieve morning sickness.

Second, the practice of pregnant women to eat green peppers (a) Ingredients for green pepper scrambled eggs: 200 grams of eggs, 100 grams of green peppers, 20 grams of lard, 3 grams of salt, 5 grams of balsamic vinegar, and 10 grams of green onions.

Method: 1. Wash the green pepper with water, remove the seeds, and cut into pieces.

2. Spoon the eggs into a bowl and stir well with chopsticks.

3. Add the right amount of oil to the pot, heat it up, pour in the egg mixture, and stir well.

4. Heat the oil in the pot and put in the onion shabu-shabu.

5. Add the green pepper pieces and refined salt. When the green pepper pieces are emerald green, add MSG and scrambled eggs.

6, stir fry evenly, cook with balsamic vinegar, serve out of the pot.

Efficacy: Yellow-green matching, beautiful color, delicious taste and rich nutrition.

(2) Ingredients of tiger skin green pepper: 300 grams of green pepper, 1 tablespoon of raw soy sauce, 1 tablespoon of vinegar, half teaspoon of salt, half teaspoon of sugar, half teaspoon of chicken essence, and 1 teaspoon of oil.

Method: 1. Wash the green peppers, remove the pedicles, and remove the seeds for use. If the green peppers are too large and long, you can cut them smaller.

2. Don’t put oil in the wok, heat for three minutes on the fire, add the green peppers, stir fry until the green peppers change to the starch paste, and fry from time to time during the stir fry, so that the green peppers are evenly heated, and use a frying spoon to constantly block the green peppers.The purpose is to fry the green pepper and transform it into crickets.

3, when the green peppers turn simmered, the surface is whitish and the surface is burnt, pour the oil and stir fry.

4. Add soy sauce and salt and stir fry.

5, add vinegar, sugar and chicken essence, stir well.

[Coffee Mango Mousse’s Practice]_Coffee Mango Mousse’s Common Practice_Coffee Mango Mousse’s Practice Daquan_How to Make Coffee Mango Mousse

[Coffee Mango Mousse’s Practice]_Coffee Mango Mousse’s Common Practice_Coffee Mango Mousse’s Practice Daquan_How to Make Coffee Mango Mousse

Dietary health is an issue that everyone should pay attention to. If improper diets cause illness and damage to the body, it is impossible to regret it. Therefore, we usually have to be able to learn some home-cooked dishes by ourselves.The practice of coffee mango mousse is easy and worth trying.

1. Qi Feng cut two to three slices, I only used one!

Make the bottom 2. Add whipped cream and powdered sugar and pass it to 70% to 80%. It is rippled, and it feels flowing!

3. The milk is boiled over low heat, add chocolate fusion, and add coffee!

Be sure to melt completely!

It will taste good!

Let it cool and set aside 4, soak the gelatine tablets in ice water 15 minutes in advance, take out the control of the dry water, heat it with water until it melts into a liquid, let it cool, pour it into milk coffee, mix well, and pour into the cream!!
5. Pour the mixed cream into the mousse circle that was previously covered with Qi Feng. After covering a layer, spread the fruit, or you can put a layer of Qi Feng!

And so on!

After adding it to the refrigerator for more than 4 hours, it is best to extend it and taste better!

6, then under decoration, demold!

Ready to go!

7. It can be eaten. We are not totally negating the benefits of eating out, but it has many shortcomings. The practice of coffee mango mousse is simple and healthy.

Blue Flame Holdings (000968) Quarterly Report Comment: The first three quarters of performance growth and cash flow improved significantly

Blue Flame Holdings (000968) Quarterly Report Comment: The first three quarters of performance growth and cash flow improved significantly
The company’s profit in the first three quarters increased by ten years.9%, the cash flow has improved significantly. The company released three quarterly reports. The company achieved net profit attributable to its mother in the first three quarters of 20195.06 ppm, an increase of 5 in ten years.9%, EPS is 0.52 yuan.The company’s increase in profit in the first three quarters was mainly due to the company’s continued promotion of the old wells in the old blockchain and the transformation of old wells to achieve stable production and increase production.At the same time, the company strengthened its operation and management, and strived to increase revenues, reduce costs, and reduce costs and efficiency.The company’s other revenues recognized in the first three quarters of 2019 (mainly including subsidies for CBM sales and alternative tax refunds) were 2.24 ppm, a reduction of 0 per year.1.1 billion.The company’s net operating cash flow for the first three quarters of 2019 was 4.50,000 yuan, an increase of 61 in ten years.5%. In terms of quarters, the company achieved a single quarter net profit attributable to its parent in 19Q1-31.2.6 billion, 2.08 ppm and 1.7.3 billion, an increase of 16 in the first half of 19Q3.0%, down 16 from the previous month.9%. In the first half of the year, the company’s coalbed methane sales and tonnage increased by 5.7% and 13.4% coalbed methane sales business: CBM extraction in the first half of the year7.400 million cubic meters (previously +2.6%), sales of coalbed methane3.700 million cubic meters (decade +5.7%), the number of units is calculated according to the sales volume1.74 yuan / square (ten years +13.4%), unit cost is 0.95 yuan / square (ten years +15.5%), the unit gross profit is 0.79 yuan / square (ten years +11.1%).In addition, in the first half of the year, the company has temporarily confirmed the compensation for the development and utilization of coalbed methane based on the previous year’s standard1.3.9 billion, an increase of 0 every year.1.6 billion or 12.7%. Gas well construction engineering business: revenue in the first half of the year 1.81 ppm, a decrease of 1 per year.11 ppm or 38.0%, mainly due to the decline in the demand for gas well construction engineering construction business of related coal enterprises in the first half of the year, resulting in excessive reduction in engineering construction business volume. The subsidiary newly won the bidding of the Heshun Mafang East exploration block, and the commitment of the coal mining methane right of Jinmei Group has been completed. According to the interim report, the company won the bids of Liulin Shixi, Wuxiang South, Heshun Hengling and Heshun West in November 2017. 4Blockchains.As of July 31, 2019, geological mapping of 610 square millimeters and two-dimensional earthquakes of 369 were completed in four blocks.At 31 inches, 122 holes were drilled, 53 were fractured, and 19 wells were tested. According to the announcement of the Natural Resources Department of Shanxi Province, in the first half of this year, Shanxi Province conducted public tenders for 10 new exploration blockchain projects. 合肥夜网 Hongdong West Blockchain, Hongdong Blockchain, Linfen Blockchain, Linfen West Blockchain, LinfenThe South Blockchain and other five blockchain bidding units are less than three and do not meet the requirements of the Bidding and Bidding Law. The above five blockchain tenders will be reorganized in a timely manner, and the subsidiary Lanyan CBM has won the remaining five districts.Heshun Mafang East Blockchain (block area 253.82 square inches).According to the company’s announcement, on August 15th, the subsidiary Lanyan Coalbed Methane has gradually contracted with the Shanxi Provincial Department of Natural Resources for the exploration right.In addition, the controlling shareholder Jin Coal Group’s coalbed methane mining rights commitments have been completed, and Lanyan Coalbed Methane has obtained the Chengzhuang Coal Mine, Sihe Coal Mine (East District), Zhengzhuang Minefield’s coalbed methane mining rights, and Hudi Minefield’s coalbed methane exploration.Rights and resources security capabilities have been further enhanced. Profit forecast and investment advice The company has good internal epitaxy growth, reintegration of low-production wells, redevelopment of old wells to increase production, further improvement of gas pipelines, clear coalbed gas mining rights, etc. The company’s subjective and objective emptying rate will decline, and the sales gas volume is expected to gradually increase; Reorganization, the new successful bidding for blockchain exploration and development is progressing smoothly. As a state-owned enterprise in Shanxi Province, the company’s ability to acquire resources has been transferred, and its expansion can be expected.The company’s EPS for 2019-2021 is expected to be 0.78, 0.84 and 0.94 yuan / share, taking into account the company’s historical estimation of the hub and the company’s performance growth rate, given 19 times 18 times PE, corresponding to a reasonable value of 14.1 yuan / share, maintain “Buy” rating. Risk warning: the price of natural gas and coalbed methane will decrease; the preferential treatment will be reduced and the sales compensation policy will be changed;

Chinese companies in Lagos and overseas Chinese are actively fighting domestic epidemic of new crown pneumonia

Chinese companies in Lagos and overseas Chinese are actively fighting domestic epidemic of new crown pneumonia
Chu Maoming, Consul General of the Chinese Consulate General in Lagos, met with Chinese-funded enterprises and overseas Chinese representatives (Photo courtesy of the Consulate General in Lagos) People’s Network Lagos February 21 (Reporter Jiang Xuan) faced in the past few daysIn the new crown epidemic, Lagos’s Chinese-funded employees and the vast majority of overseas Chinese have a heart-bound relationship with the motherland and support the domestic fight against the epidemic in various ways.The Lagos Chinese Enterprises Association and major overseas Chinese organizations actively donated and gradually became the most urgently needed medical protection materials in China.On the 21st, Consul General Zhu Maoming in Lagos met with representatives of Chinese-funded enterprises and overseas Chinese who donated donations to the internal fight against the new crown epidemic, expressing heartfelt thanks to everyone for their love, saying that it showed the 夜来香体验网 blood of Chinese children.The sincere emotion and unity of Yu Shui, the national spirit of unity.Chu Maoming introduced the latest progress in the prevention and control of the new crown epidemic in China. He said that under the strong leadership of the Party Central Committee with Comrade Xi Jinping as the core, the spread of the epidemic has been initially curbed and prevention and control work has achieved staged results.Chinese companies and overseas Chinese in Lagos should actively pass on the firm confidence of the Chinese government and people to unite against the epidemic, and gradually improve international understanding and support. At the same time, remind everyone to take effective measures to ensure local infections such as Lassa fever.Disease prevention and control work.After the meeting, the consulate general in Lagos held a donation ceremony and accepted donations from some Chinese-funded institutions and overseas Chinese.According to statistics, in the Southwest Division Manager of Nigeria Company of Nigeria, China National Ocean Shipping, CNOOC, Gezhouba Group, Shaanxi Construction Engineering, Sany Heavy Industry, Seventh Chemical, Sinoma International and Ogun Free Trade Zone and other companies and NigeriaOverseas Chinese Association, Chinese Business Enterprise Association, Huazhu Foundation, Chinese Entrepreneurs Association, Fujian Tongxiang Association, Guangdong-Hong Kong-Macao Tongxiang Association, China Timber Association, Huaxing Art Troupe, Anhui Chamber of Commerce, Shandong General Chamber of Commerce, Overseas Chinese Chinese Women AssociationDiaspora organizations such as the General Conference, the Lagos China Assistance Center, the Jiangxi United Chamber of Commerce, the Lagos Confucius Institute and other organizations have donated to the country through the Central United Front Work Department, the Chinese Overseas Chinese Federation and the Chinese Consulate General in Lagos.4.7 billion naira (about 279 million yuan) and 64 million yuan, 810,000 masks, and more than 10,000 pieces of protective clothing.Ni Mengxiao, head of the Huaxing Art Troupe and chairman of the Nigerian China Business Enterprise Association, said that the epidemic prevention and control should be extremely serious. The Nigerian overseas Chinese, overseas Chinese groups, and overseas Chinese leaders are in Africa, care about the motherland, donate gifts, and support the motherland.The patriotic feelings of overseas Chinese.

BYD (002594): Complementing significant downhill Q3 results under pressure

BYD (002594): Complementing significant downhill Q3 results under pressure

Complementary excellent decline, Q3 results exceeded expectations. On August 21, the company released its 2019 semi-annual report and 2019 Q3 performance forecast.

In H1 2019, the company realized revenue of 62.2 billion yuan, +14 in ten years.

8%, net profit attributable to mother 14.

500 million, previously +203.


Of which Q2, the company realized operating income of 318.

800 million, previously +8.

4%, net profit attributable to mother 7.

5.0 billion, previously +87.

1%, deducting non-returning mother 3.

28 trillion, +195 a year.

3%, second-quarter results were in line with expectations.

The company foresees that in Q3 2019, it is expected that net profit attributable to mothers will be RMB 120 million to -90.


3%, we believe that the new energy vehicle supplementary transition period ends from Q3, and terminal price increases and cost reductions cannot fully cover the impact of subsidy decline on profitability. The company’s performance in the second half of the year is under pressure.

93\1.07\1.22 yuan, maintaining the “overweight” level.

The sluggish demand for new energy vehicles + supplement the optimal recession, Q3 performance under pressure According to the company’s interim report, the company’s auto revenue in the first half of the year was about 34 billion yuan, an increase of +16.

3%; revenue from mobile phone parts and assembly business was approximately 233.

2 ‰, +14 a year.

4%; revenue from secondary rechargeable battery and photovoltaic business is approximately 44.

5 ‰, at least -1.


Revenue from new energy vehicles was 254.

500 million, +38 a year.


The company received various government subsidies of 700 million yuan, and government subsidies contributed most of the company’s profits.

The increase in profit or net profit in Q3 was mainly due to factors such as supplementary expansion and sluggish automobile demand, which slowed down the sales of new energy vehicles. The decrease in costs was not enough to supplement the impact of substitution on profitability. The fierce competition in the fuel vehicle market and the demand for mobile phone componentsIncreased total volume and increased market competition have weighed on profitability. The photovoltaic business may have recovered in the third quarter, but it must still decrease.

From January to July, the growth rate of new energy passenger vehicles was strong, with negative growth in July due to demand overdrafts. According to the company’s announcement, BYD’s wholesale sales from January to July were 260,000 units, each time -1.

1%; sales of new energy passenger cars15.

70,000, previously + 75%; new energy buses 2,279, -45 each time.

5%; fuel vehicles are gradually sold 9.

70,000, -42% per year, not optimistic.

The company’s new energy passenger car sales in July 1.

60,000, -12% a year, we believe that the first increase in sales is in June before the end of the transition period, rush installation, overdraft demand.

According to data from the China Automobile Association, the wholesale sales of new energy passenger cars in July6.
70,000, at least -9.

Due to the largest number of supplements, 北京夜网 the growth rate of new energy passenger car demand has temporarily decreased. We estimate that the company’s first-class new energy passenger car sales will be around 350,000 units.

In July, the company launched the Song Pro. In the second half of the year, e2, e3, new Qin EV and other models are successively launched. Sales are worth looking forward to.

The supplementary decline affects profitability and maintains the “overweight” rating. The company is the leader in new energy vehicles. The “Dynasty” series has launched a number of models with sales growth exceeding the industry and the market share continues to increase.The first-mover advantage is obvious; technology accumulation, improved design and open supply system have significantly improved product power.

Considering that terminal price increases and cost reductions cannot fully cover the impact of supplementary decline on earnings, and the forecast of new energy vehicle demand growth rates, we expect the company to achieve net profit attributable to mothers in 2019-20.

29, 29.

07, 33.

2.6 billion (down 26%, 22).

6%, 22.

9%), corresponding to EPS0.

93\1.07\1.22 yuan.

Considering that the business of each part of the company is relatively large, we use the segment PE estimation method to give the company a target price of 53.


65 yuan, maintaining the “overweight” level.

Risk reminder: New energy vehicle policy fails to meet expectations; New energy vehicle industry sales do not meet expectations; Accounts receivable recovery risk.