Nongfushangquan Enlightenment Prospectus, revenue 240 last year.2.1 billion

On April 30, the repeated prospectus of Nongfushangquan on the official website of the Hong Kong Stock Exchange showed that the business of Nongfushangquan grew steadily, with revenues of 174 in 2017, 2018 and 2019.9.1 billion, 204.7.5 billion, 240.21 trillion, with a net profit margin of 19.4%, 17.6%, 20.6%.According to the prospectus, Nongfushangquan mainly adopts the first-level distribution model. In 2017, 2018, and 2019, the distribution of distributors accounted for 95% of the total revenue.0%, 94.6%, 94.2%.As of December 31, 2019, Nongfu Spring has covered more than 2.37 million terminal retail outlets across the country through 4,280 distributors.For the future development strategy, Nongfushangquan proposed to introduce the following development strategies: continuous brand building; steadily increase the breadth of distribution and single-shop purchase; further expand production capacity; increase the involvement of basic capacity building; explore overseas market opportunities.With regard to the shareholding structure, the chairman and the chairman of Nongfu Springs Zhong Zhongsui holds approximately 87% of the total share capital.4472% equity, including about 17.8634% of the direct interest is held by the Health Club about 69.5838% indirect equity.Zhong Zuijing holds 100% of the total registered capital of Yangshengtang, including 98.38% of the direct equity is held by Hangzhou Youfu, wholly-owned by Zhong Diyi.62% indirect equity.In response to the impact of the new coronary pneumonia epidemic, Nongfushangquan said that during the epidemic, the sales of beverage products decreased compared with the same period in 2019.According to the information currently available, Nongfushangquan ‘s termination of the three-month period of March 31, 2020, the revenue and net profit decreased compared with the same period of the previous year, but the epidemic is not expected to have a major impact on the continued performance of 2020 and the long-term commercial development of Nongfusquaninfluences.The Air Force and the China Securities Regulatory Commission announcement show that the Nongfushangquan Co., Ltd. has approved the overseas IPO to receive the materials on March 17.In this way, the relevant person in charge of Nongfushangquan refused to comment on the sauna and Yewang.The earliest is that in November 2019, it was reported that “Nongfushangquan plans to conduct a US $ 1 billion IPO in Hong Kong, China, which will be initially carried out in the first half of next year.”Sauna, Night Net Wang Ziyang Editor Li Yan proofread He Yan

[Can you drink ginger brown sugar water during pregnancy cold]_Ginger brown sugar water_Pregnancy cold_Can you drink

[Can you drink ginger brown sugar water during pregnancy cold]_Ginger brown sugar water_Pregnancy cold_Can you drink

During pregnancy, pregnant women do not dare to take cold medicine because they are pregnant. In addition, they are prone to get sick and have a fever, so they will be more worried about affecting the health of their baby. Therefore, as a pregnant woman, you must drink some ginger brown sugar water.But you can’t drink too much. Drinking some of it will help the body’s cold excretion and promote the recovery of qi and blood.

You can drink, but do not drink more in the first few days after giving birth. Drinking more brown sugar water is good for new mothers.

Because brown sugar is sweet and warm, has a warming effect, can promote blood circulation and remove blood stasis.

Parturients drink brown sugar water to dispel cold and relieve pain, strengthen the spleen and stomach, help uterine contraction and recovery, excrete postpartum uterine congestion, and promote milk secretion.

In addition, the new mother has a high fever and physical exertion during childbirth, coupled with blood loss, and breastfeeding after childbirth, so she needs to add a lot of iron.

Brown sugar contains a lot of trace elements such as iron, calcium, manganese, zinc, etc., which is very helpful for the new mother to restore physical strength.

Furthermore, the diuretic effect of brown sugar water can reduce the occurrence of postpartum urinary retention and can effectively prevent urinary tract infections.

But if you drink brown sugar for too long, it will be bad for your new mother.

As the current parturients are mostly primiparous, most of the uterine contraction function is better, and the color and amount of uterine congestion are generally normal. If you drink brown sugar water for too long, the accumulation of congestion will gradually increase, leading to chronic hemorrhagic anemia, andAffects uterine recovery.

In addition, drinking brown sugar water for too long can easily damage the mother’s teeth and cause too many problems.

If the parturient women who give birth in the summer drink too much, they will easily cause excessive sweating and make their bodies weaker.

Therefore, brown sugar water is not suitable for long-term drinking.

After the postpartum blood deficiency has improved, you can stop drinking. The general time is 7?
10 days.

The exact time may vary from person to person and from season to season.

People with cold can drink a few more days when it is cold.

It should be noted that people with red tongue, thin fur, yellow fur, thick greasy tongue, and hot body should not drink more brown sugar water.

Those who vomit sour water before giving birth should drink less or not, so as not to increase stomach acid and hurt the stomach.

Women who drink brown sugar water should boil it and reconstitute it. Do not use boiled water and use it immediately, because brown sugar can easily breed bacteria during storage and transportation.

In addition, you can also boil eggs with brown sugar, or eat with longan, the effect is better.

[How to make delicious noodles _ how to cook delicious noodles]

[How to make delicious noodles _ how to cook delicious noodles]

There are many people who cook noodles that are particularly delicious in life, not because this person has good cooking skills, but because it masters the process of noodle cooking, just like noodles cooked with water and some seasonings.The taste of the noodles is naturally different. Many people like to cook noodles with water and then make a delicious marinade, but they can also be eaten directly if they are placed in marinated noodles.

1. When cooking noodles, add a small amount of oil to the pot to prevent water from overflowing.

2. When cooking noodles, add an appropriate amount of salt to the water, and add about 15 grams of salt per pound of water. In this way, the noodles will be glutinous and will not be cooked.

3. If the noodles you want to cook do not have an alkaline taste, you can add some vinegar when you cook the noodles to neutralize the alkaline taste and make the noodles turn white.

4. When the noodles and dry noodles are cooked, the noodles can be put in just after the water is bubbling. Boil the boiled noodles and make the noodles hard and hard.

Cook over medium heat, add some cold water when the water is boiling, and turn off the heat for a while after boiling again, so that the noodles are easy to cook and won’t stick to the soup.

5, when cooking cut noodles and wet noodles, wait for the water to boil, boil over high heat, use chopsticks to pick a few sticks to prevent sticking, boil once and add water once, generally add water twice to cook.

6. To make the noodles noodles chewy, you can wait for the first time to boil the noodles, remove the noodles, put them in cold boiling water, and then put the noodles back into the pot and cook.

7. If the boiled noodles stick together, sprinkle some rice wine to let the noodles spread.

8. You can cook noodles directly with broth. The noodles are fragrant and delicious.

1. If you add a small amount of salt to the boiled noodles, you can add 15 grams of salt to a pound of water.

2. If you add a tablespoon of vegetable oil to the noodles when cooking the noodles, the noodles will not stick, and will prevent the noodle soup from foaming and overflowing the pot.

3. Add a little vinegar to the noodles when cooking the noodles. This will remove the alkaline taste of the noodles and make them more white.

4. When the water in the noodle pot is boiling, put the noodles just after stirring. Cover the pot lid after stirring a few times. When the water is boiling, put some cold water into the pot and cook it a little.

This way, the noodles are cooked quickly and not sticky.

5. Break the noodles into the pot before cooking. Cover the pot for 5 minutes after cooking. The noodles are smooth and the soup is thick.

6. When cooking the noodles and dry noodles, do not boil the water in the pot too much. After the noodles are cooked in the pot, it should be cooked over medium heat, because the dried noodles and noodles themselves are very dry.It is very high, making a layer of mucous membrane on the surface of the noodles, which cannot be transmitted inward, and it is easy to form a hard core and noodle soup gelatinization.

When cooking over medium heat, add some cold water as you go, so that the noodles are evenly heated.

[Can cowpea and chicken be fried together?】 _Long cowpea_To eat

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[How to make cold yuba is delicious]_ cold yuba _ how to do _ how to make

[How to make cold yuba is delicious]_ cold yuba _ how to do _ how to make

We can eat a lot of delicious foods in life. For these foods, we should pay attention to specific methods.

Because each food has its own preparation method.

Some foods are more complicated.

Because delicious foods are not easy to make, you should often learn about them in daily life, and rich food is a favorite and pursuit of many people.

If you make your own food, it is even more enjoyable.

So how do you make yuba cold and delicious?

First: Add an appropriate amount of peanut rice to cold water and soak for about 2 hours to allow the peanut rice to fully absorb moisture.

Add yuba to another pot of warm water to fully foam.

PS: It is most convenient and delicious to soak the yuba with warm water. It can be soaked in about 2 hours. If you use cold water, you need to soak it for a whole day.

The second step: take an appropriate amount of celery after washing and cut into sections, then wash two red pepper oblique knife and cut into slices, and then take a few garlic and cut into minced garlic for later use.

After the yuba is soaked, cut it into small pieces and place it with celery.

PS: Do not put too much celery and red pepper, otherwise this cold yuba will not be particularly delicious.

Step 3: Put the right amount of cold water in the middle of the small pot. Put the peanuts in the pot and boil the peanuts over medium heat. After the water has boiled, place the cut celery and yuba into the pot and continue to boil over high heat.Cook for 2 minutes after turning on and turn off the heat. Remove all the ingredients from the cold water to cool the ingredients.

PS: After simmering the ingredients, be sure to add it to the cold water and let it cool down. The cold yuba that comes out will not be noodles, and the taste and texture will be better.

Step 4: Peanuts, celery, and yuba are fully cooled and put into a small pot. Then add an appropriate amount of table salt, sugar, white vinegar, raw soy sauce, sesame oil, minced red pepper and an appropriate amount of chili oil to the yuba.Stir well and serve.

PS: When making cold yuba, sugar and vinegar are absolutely essential. This way, this cold yuba is refreshing. Chili oil definitely makes this food taste better and more delicious, so it is also an essential ingredient.Oh.

[Homemade version of pickled fish practice]_Homemade version of pickled fish practice_Homemade version of pickled fish practice Daquan_Homemade version of pickled fish practice

[Homemade version of pickled fish practice]_Homemade version of pickled fish practice_Homemade version of pickled fish practice Daquan_Homemade version of pickled fish practice

Many office workers will choose to go outside for three meals a day. After all, they are tired from work, and it is not easy to insist on cooking. In fact, the practice of home-made sauerkraut and fish is very simple, and this course is rich in nutrients.Overcome a little bit, you can eat delicious food, and at the same time make you live healthier.

1. Make the whole fish fillet into pieces except head and tail and bones 2. Marinate them with salt, rice wine, raw flour, egg whites 3, stir the raw flour well, you can add some onions and ginger to remove the fish 4, firstHeat the oil and add garlic 5 and put the sauerkraut in to fry. 6. Add half a pot of water to the sauerkraut and boil the fillet 7. When the fillet is almost cooked, add half a bag of sauerkraut fish seasoning and seasoning salt.Will do on line 8. Put sauerkraut fish in a large soup bowl, put chives on top, put a few garlic in oil, and pour the hot oil on the sauerkraut fish.

9. Finally, add cilantro to garnish to increase the aroma.

Many home-cooked dishes are not difficult to make. As long as you learn more, everyone can master them well. The practice of home-made pickled fish is easy and not difficult to learn.

[Does edamame make you fat?]

[Does edamame make you fat?]

In the mature season of edamame, many people will eat this nutritious food. People will eat edamame in a rich variety of foods. These foods taste very good, but some people worry that they will gain weight when eaten like thisSo, will eating edamame actually make you fat?

First, will it be fat if you eat edamame if you eat it only in small amounts, there will be no excess phenomenon. Edamame contains some lecithin, protein and minerals.

At the same time, it contains a small amount of traces. Eating edamame can enhance the body’s immunity and has certain health effects. However, if the human body eats too much or eats incorrectly, there will be too many phenomena, so everyone must bepay attention.

Incorrect methods of eating edamame will cause too many phenomena in the human body. If it is just edamame, there will not be too many phenomena.

Second, the unscientific diet will increase, but in summer, many friends will like to eat supper outside, while eating edamame, they will eat some other barbecued foods, which will be particularly easy to form obesity.Therefore, if you want to eat edamame, you must acknowledge the time. It is not recommended to eat it at supper. Eating supper at night is already prone to obesity, so everyone must pay special attention to it.

Many fans and friends like to eat edamame, then eat some meat, and then drink some milk, drinks, etc. In fact, this will cause calcium loss in the human body, and it is particularly prone to the symptoms of osteoporosis, and it will also be particularly easy.Formation of obesity.

So everyone must pay special attention.
Third, eating moderate amounts will not become fat. Eating soybeans generally does not have the risk of gaining weight, and often eats soybeans. The beneficial active ingredients it contains can also help female friends maintain their figure.

However, if any food is ingested in large amounts and is not properly exercised after eating or in daily life, it will greatly increase the risk of gaining weight. Therefore, it is best to eat edamame in moderation if you do not want to gain weight.

Fourth, the effect of edamame can not only help female friends maintain their body shape, but also has the effect of beauty and emollient, because edamame contains a large amount of isoflavones, this substance can protect skin collagen, women often eat edamame canAnti-Aging.

In addition, in the summer, many people will experience systemic fatigue and loss of appetite due to the hot weather. The potassium content in edamame is very rich, which can relieve fatigue and improve appetite loss.

Antu Bio (603658): Continued High R & D Investment Expects Pipeline Volume

Antu Bio (603658): Continued High R & D Investment Expects Pipeline Volume

2019H1 results are in line with our expectations Antu Bio announced its 2019H1 results: operating income11.

79 trillion, a 39-year increase of 39.

03%; net profit attributable to parent company 3.

20 ppm, an increase of 29 in ten years.

85%, corresponding profit 0.

76 yuan.

The performance basically met our expectations.

The development trend maintained rapid growth, and cash flow was under pressure in the short term.

The company still maintains a rapid growth trend in 2019H1, and realized non-net profit 重庆耍耍网 deduction from January to June3.

50,000 yuan, an increase of 30 in ten years.


We expect chemiluminescence to remain the company’s main source of growth.

Accounts receivable of the company in 2019H1 4.

410,000 yuan, an increase of 72 in ten years.

After 51% and 15% of the hospital system ‘s drug mark-up has been cancelled, there will be a certain degree of substitution for upstream funding pressure.

Net operating cash flow 3.

50,000 yuan, an increase of 11 in ten years.


We expect that funding pressure from hospitals and dealers will improve, and the company’s cash flow situation will gradually ease.

R & D continued to be spent, and gross profit margin declined slightly.

The company maintained high R & D investment in the first half of 2019, and R & D expenses from January to June1.

3.9 billion yuan, accounting for 11.

81%, R & D and management costs increase by 0 every year.

95ppt, driving up the rate during the period.

89ppt to 33.

46%; product structural adjustment and price impact, comprehensive gross profit margin 65.

35%, down by 1 every year.


The product line is constantly enriching, and we look forward to 100-speed light and assembly line.

The company has now realized the full layout of the IVD segmentation field, and the pipeline is expected to break through in the future.

The Autof MS1000 mass spectrometer has grown steadily.

After the approval of 100-speed chemiluminescence, it is currently active in the grass-roots market, and we expect that there will be a performance elasticity of conversion in 2020.

IVD’s upstream raw materials continue to advance, and the company’s cost advantage will be initially realized in the future.

Earnings forecasts and estimates Taking into account factors such as product structure and prices leading to a decline in gross profit margin, we slightly lower our 2019/2020 earnings forecast2.

63% / 2.

78% to 1.

73 yuan, 2.

25 yuan, an annual increase of 28.99%, 30.

00%, currently corresponding P / E is 40X / 31X.

Considering the company’s 100-speed product grassroots market growth potential, we still maintain 78.

The target price of 00 yuan corresponds to 13 currently.

84% space, corresponding to P / E of 45X / 35X in 2019/2020, maintaining the recommended level.

Government control of risk inspection products, R & D risks.

Hongfa shares (600885) 2019 first quarter report review: HVDC trend does not change, cars and GM perform poorly

Hongfa shares (600885) 2019 first quarter report review: HVDC trend does not change, cars and GM perform poorly

This report reads: Hongfa’s performance is in line with expectations. Q1 domestic new energy vehicle sales doubled the company’s high-voltage DC relay sales, and GM and traditional automotive businesses performed well due to industry-wide factors. It is expected to improve in the future.

Investment Highlights: Maintain Overweight rating.

The company’s performance is in line with expectations, maintaining the EPS for 2019-2021.

07, 1.

29, 1.

59 yuan, maintaining a target price of 36.

4 yuan to maintain the level of overweight.

Performance was basically in line with expectations.

The company released the 2019 first quarter report, of which Q1 achieved revenue of 16.

$ 2.5 billion, growing by 1 every year.

8%; net profit attributable to mother 1.

57 trillion over five years.

61%, the performance was basically in line with expectations.

The rapid growth of power relays resumed, and the growth rate of HVDC is expected to exceed 50%.

The company’s power relays are blooming at home and abroad: 1) benefiting from the increase in the market share of the British and French power grids and the rapid development of the Southeast Asian market, the company’s overseas market maintains a rapid growth rate; 2) the domestic market from the 19th State Grid first tenderThe overall demand has risen rapidly. Through the follow-up of the 09 version of smart meter replacement progress, it is expected that the internal power relay market will resume a rapid growth trend.

In terms of high-voltage DC relays, Q1 domestic new energy vehicle sales have doubled as a whole, and the company as an industry leader 苏州桑拿网 is expected to grow more than 50%.

GM and automotive relays performed poorly due to industry influence.

According to the data from the China Automobile Association, Q1 auto production and sales in 2019 were 633.

570,000 and 637.

240,000 vehicles, a decrease of 9 per year.

81% and 11.

32%; of which Hongfa ‘s main domestic and American standard sizes have been expanded, the overall speed is higher than the industry average, and the distance of the company ‘s automotive relay replacement is expected to be affected by this.

General relays are also affected by the adjustment of demand in the home appliance industry and intensified market competition, and their overall performance is not good.

Risk warning: New energy vehicle sales are less than expected, exchange rate changes

Anhuaneng (601699) in-depth report: Expectation of cost-effectiveness under the expectation of injection of coal faucet Nirvana to regenerate assets

Anhuaneng (601699) in-depth report: Expectation of cost-effectiveness under the expectation of injection of coal faucet Nirvana to regenerate assets

The main points of the report are that the economic benefits of coal injection are prominent, and the industry boom may continue. The cost advantage of coal injection is still obvious, and the economy is expected to continue.

Pulverized coal replaces coke as a reducing agent in blast furnace ironmaking, effectively alleviating the shortage of high-quality main coking coal.

Pulverized coal has a price advantage over coke and can significantly reduce the cost of ironmaking. 2018 data show that the use of injection coal to produce 1 ton of pig iron can save about 95 yuan.

In recent years, the black economy has rebounded, and the economics of injection coal have become prominent. The increase in coal injection ratio at steel mills has increased the production of pig iron, and the overall demand for injection coal has steadily increased, reaching nearly 1 in 2018.

100 million tons.

Looking back, coking coal supply continues to be rigid, overlapping coke industry de-capacity and stricter environmental protection, and the booming of the coal industry may continue.

Steady and profitable production and sales of the main business led the industry, and the risk of impairment was eliminated to help light equipment move forward.

The company mainly produces high-quality thermal coal and injection coal. The current production capacity is 4130 benchmarks / year, of which the advanced production capacity accounts for 97%.

82%, coal mine production capacity is expected to be guaranteed, and production and sales are stable for a long time.

Affected by the poor qualification of the integrated minerals and the long-term large-scale technological reform expenditure, the integrated mines have dragged down the company’s performance for a long time.

The company reformed Dongfeng on the load side, used fierce medicine for Shen Wei, and gradually reduced the value of the regenerated mines over the three years.

7 billion.

After the pain, the company was reborn, the major risk of impairment was no longer, and the company moved forward with light equipment.

The injection helped boost profits, and the gross profit margin of the coal business led the industry.

The company’s injection coal faucet level does not change, and its market share in the field of bituminous coal injection is about 22%.

In recent years, the industry has picked up, and the company’s coal injection sales and proportion have increased to provide sector profitability.

The company controlled costs to consolidate profitability. In 2018, the gross profit margin of the coal sector was 43%, which is at the forefront of the industry. The company’s coal business profitability led the industry by overlapping volume advantages.

Coking sector profitability improved, asset injection is expected to boost the company’s value.

Coking segment profit is better. In 2018, the company achieved a gross profit of 431 yuan per ton of coking, and the gross profit margin of the segment increased significantly14.

56pct to 22.

37%, under construction at the beginning of 140 / year6.

The 25m coking project laid the foundation for a new economic growth pole.

The company is backed by Lu’an Group. Under the background of Shanxi’s national reform, asset injection expectations are expected to increase. Licun, Gucheng and Yishen Energy and other high-quality coal coke assets or value expectations.

The stable operation of the main business has strengthened the expectation of asset injection, and the underestimated coal injection faucet is worth recommending. The underestimated coal injection faucet is worthy of layout.

As of May 22, 2019, the company’s P / B ratio was only 0.

92 times, 1 since listing.

The 43% quantile level is estimated to be low overall.

As a domestic leader in coal injection, the company’s business climate continues to increase the proportion of advanced production capacity to ensure the long-term and stable profitability of the main industry; the risk of integration of mines is eliminated, and the company is reborn after suffering; the Group, the national reform asset injection is expected to be strong.

Expected 2019?
In 2021, the company’s EPS will be 1.



15 yuan, the current sustainable corresponding P / E is 7 respectively.



71 times, maintain “Buy” rating.

Risk Warning: 1.

Real estate and infrastructure investment growth may be slower than expected, and terminal demand has decreased significantly; 2.
Provision of impairment risk for 武汉夜生活网 the remaining few integrated mines.