Nengke (603859): Intelligent manufacturing enters the harvest period and the performance further accelerates

Nengke (603859): Intelligent manufacturing enters the harvest period and the performance further accelerates
The income and profits continued to increase, and the transitional development entered the harvest period. The company achieved zero operating income in the first quarter of 2019.86 ppm, an increase of 31 in ten years.71%, achieved net profit of RMB 9.22 million, an increase of 61 year-on-year.33%, net profit of RMB 9.02 million deducted from non-attributed mothers, an annual increase of 501.01%.The company adheres to the “smart electrical + intelligent manufacturing” two-wheel drive strategy, gradually increasing its business capabilities and gradually increasing its market influence.  The proportion of smart manufacturing business has further increased, and the revenue of smart manufacturing business in the first quarter of 2019 of companies that have maintained high R & D revenues continued to be about 0.7.4 billion, accounting for more than 80%. Since 2015, the company has begun to deploy smart manufacturing business. Related business capabilities have gradually strengthened, and business development has gradually made breakthroughs. The company’s revenue volume has continued to increase.The company’s gross profit margin was 47 in the first quarter.33%, increase by 1 every year.85 points.The company’s overall expenses in the first quarter were 33.60%, a decrease of 0 every year.96pct, of which 11.38 million yuan for research and development costs, cost of 13.29%, the company continued to invest in research and development, focus on the intelligent manufacturing basic platform and targeted solutions, the company’s core business capabilities have gradually improved, and market competitiveness has been improved.  Mergers and acquisitions to achieve technology market synergy, fund-raising projects to address downstream specific needs. In 2018, the company started to issue shares to acquire Shanghai Lianhong Technology to achieve technology and market synergy.Through mergers and acquisitions, the company expanded the business scope of smart manufacturing services, and at the same time increased the coverage of SMEs. The market competitiveness has been further improved. According to the company’s first quarterly report, the acquisition has been completed and the consolidation is expected to begin in four months.In addition, the company plans to issue shares to raise funds of no more than 300 million U.S. dollars. It is used to invest in products based on digital replacement products, full-life-cycle collaborative platforms and high-end manufacturing assembly system solutions, and to supplement the company’s liquidity.After the research and development was completed, it was quickly applied to further improve the company’s performance. According to the company’s first quarterly report, this work was in refutation of the opinions of the CSRC.  The investment proposal considers the downstream smart manufacturing transformation needs, and the company’s smart manufacturing business is about to enter a period of rapid development.Lianhong started consolidation in April 2019, and it is expected that the company’s net profit attributable to its mother for 2019-2021 will be zero.83, 1.15 and 1.5.2 billion.Corresponding to the current expected PE 苏州桑拿 is 35, 25 and 19 times.Considering that the company’s intelligent manufacturing business is mainly software and its revenue ratio has exceeded 50%, the company’s growth inflection point has been transformed, and we maintain the company’s reasonable value28.The price of 02 yuan / share is unchanged, corresponding to about 42 times the company’s PE in 2019, and the rating of “Buy” is maintained.  Risks indicate that the smart manufacturing business is developing less than expected; market competition is intensifying; accounts receivables are increasing; raising funds is unsuccessful.

Great Wall Motor (601633): Rereading the Great Wall: New Energy’s Dos and Don’ts

Great Wall Motor (601633): Rereading the Great Wall: New Energy’s Dos and Don’ts
Investment points The company recognizes the long-term trend of new energy. The rhythmic advancement of entry-level electric vehicles and high-end models with real demand can achieve normal return on investment and technology accumulation. It can make the company temporarily unable to face the A level of 2BFor pure electric cars, decentralize the technology from high-end cars when appropriate.In addition, the company adopts the route of self-made batteries and supplying external customers, which saves vehicle costs and enhances product competitiveness, forming its unique cost and technical advantages.  New energy is geared to the needs of specific scenarios, and car companies should make mutual efforts.Cars are inherently a hazard. Existing new energy vehicles are subject to endurance concerns that they can only meet the traffic needs of specific scenarios, mainly to increase consumer demand. At present, vehicles carrying more scenarios can only be fuel vehicles.Among them, the purchase of small electric vehicles to meet the demand for mobility, the core of which is the specification, the cost of purchasing and using rolled fuel oil vehicles.  The high-end electric vehicle is more prominent in its spiritual attributes. The core is the brand, and its driving performance surpasses the fuel vehicle.Therefore, we think that the electric vehicles that have truly achieved the consumer demand at the 2C end are entry-level cars and high-end cars, which can also bring a certain degree of return, and car companies should make efforts in these two.  Overseas car companies entered the market, and high-quality products are expected to stimulate the domestic new energy market.Strict carbon emission regulations are implemented in Europe, and European car companies are gradually electrifying. Among them, small cars are subject to high emission costs, and electrification is imminent. Alternative car companies have stopped developing small vehicle fuel platforms. Overseas car companies are expected toElectric small cars will enrich the supply side of the domestic market, and high-quality products 上海夜网论坛 will continue to be introduced; while A-class cars currently meet the 2B side, the market is small.In 2021-2022, foreign brands will enter the market, and a large number of models will continue to emerge. It is expected that high-quality models can stimulate the new energy vehicle market and expand the real consumer demand of terminals.  The three paths of miniaturization, high-end, and joint venture capture new energy, and sales are expected to enter the first echelon.The company resolutely follows the new energy route, creating a new energy brand, Euler, to reduce the burden of the fuel vehicle system. It is expected that the product line will fully cover entry-level SUV + cars.The WEY brand focuses on high-end pure electric vehicle products, and uses the electric machine to build its brand. In 2021, it will launch a new pure electric flagship.The automobile production electric MINI established with the BMW joint venture company will help the company learn BMW technology and global market operation experience, and will contribute investment income from 2022.The company follows the path of miniaturization, high-end, joint venture, and expansion of the scale effect of the electric industry chain. New energy sales are expected to enter the first echelon in China in 2021-2022.  The trend of self-made core components is inevitable, and the company is preemptive to form a differentiated advantage.In terms of core parts, the company is different from other domestic auto companies. The battery follows the procurement + self-made route. Honeycomb Energy is decomposed and independent from the system, and goes to market. The production capacity is accumulated. The latest lamination process is used to prevent serious depreciation of fixed assets.The OEMs involved in the general trend of battery manufacturing can significantly enhance the effect of scale and form their own product technological advantages. It is expected that OEM manufacturers who control battery production technology will be more likely to win in the competition.  Profit forecast and investment recommendations: The company’s multi-category strategy + new product cycle is gradually fulfilling, and new energy vehicles are expected to follow later. With the listing of multi-category new vehicles, sales will enter the first echelon of the country in the near future, optimistic about future development.Maintain the performance forecast and expect the EPS for 2019-2021 to be 0 respectively.55, 0.94, 1.27 yuan, maintain the “recommended” level.  Risk reminders: 1) The passenger car market is less than expected risk. Due to the industry overdraft effect in the passenger car industry, there is still a risk that the industry growth rate is less than expected.2) SUV competition intensifies the risk of deterioration. The price of common brand SUVs has dropped, and models have been launched intensively, which may cause pressure on SUVs ranging from 100,000 to 150,000 US dollars.3) The production risk is lower than the expected risk. The company’s investment quota in the battery and OEM bases is converted, and there is a certain risk that the production is lower than the expected.4) New energy industry policy is less than expected risk. New energy industry policy is an important promoter of industry development. If the policy is less than expected, industry sales will be disrupted.

16-year-old boy with stomach bleeding in the middle of the night, the doctor is distressed: Do not underestimate this Helicobacter pylori


16-year-old boy with stomach bleeding in the middle of the night, the doctor is distressed: Do not underestimate this Helicobacter pylori

Xiao Zhang is 16 years old and lives with her grandmother because her parents have no time to take care of him.

At the end of last year, Xiao Zhang found that he often bloated, and sometimes he could feel the pain in his stomach, and he didn’t take it seriously.

Until a few days ago, when Xiao Zhang and his classmates had a meal, the stomach suddenly became painful, and it was accompanied by chest tightness, vomiting, and diarrhea. When the classmates saw it, they sent Xiao Zhang to the hospital.

The doctor found that Xiao Zhang had atrophic gastritis with gastric ulcer, which is a precancerous lesion of gastric cancer.

After further examination by the doctor, Xiao Zhang was infected with Helicobacter pylori, and the value was several times that of a normal person.

The doctor asked the family to check it out and found that Xiao Zhang’s grandmother was also infected with Helicobacter pylori.

Experts say that in most cases, the source of Helicobacter pylori infection comes from family members, and as a result, one of the family members is often infected with Helicobacter pylori, and other members of the family are positive.

Data show that more than half of the newly discovered cases of gastric cancer are associated with Helicobacter pylori infection.

Once infected with Helicobacter pylori, the risk of gastric cancer is six times higher than that of uninfected individuals.

Experts pointed out that the reason why gastric cancer occurs is because Helicobacter pylori is a symptom of atrophic gastritis and intestinal metaplasia, which are clear precancerous lesions of gastric cancer.

The doctor said: Helicobacter pylori usually wants these three ways of infection!

1, a total meal in the chronic, a total meal is a very common thing, if there is a Helicobacter pylori between the members of the family, the probability of infection of other members will increase greatly during the meal, the meal is important for Helicobacter pylori infectionOne of the ways.

2, not cooked food Many young people like to go to the buffet barbecue, hot pot, but these self-service barbecue hot pot seems to be very fun, once you eat raw food, especially meat, as much as possibleHelicobacter pylori infection.

3, kissing Helicobacter pylori infection can be spread through saliva, and partners can be infected by kissing.

How to eliminate Helicobacter pylori in life and prevent gastric cancer?

1, the maintenance of alkaline physiology in the medical community has long been “acidic physique is the source of all diseases”, Helicobacter pylori also survives and breeds in acid, so it is necessary to maintain alkaline physique.

The better way to maintain the quality of alkaline substances is to eat more alkaline foods, such as Chamagu, Hericium, Agaricus blazei, Grifola, Chickpea, Yam, citrus, powdered rice, etc., sexual physique, eliminate pylorusHelicobacter, preventing stomach cancer.

Usually, people choose the monkey mushroom Chama ancient powder to maintain the alkaline constitution, because the monkey mushroom Chama ancient powder is made up of more than forty kinds of alkaline ingredients, simple and easy to eat, drink in the morning,Can replace breakfast, good stomach effect, at the same time can be very good to eliminate Helicobacter pylori, prevent gastric cancer is very good.

2, the best way to prevent gastroscopy in time to prevent gastric cancer is to do a gastroscopy in time, because many people wait until the symptoms appear before they think of treatment, but often the tumor has been found very serious.

Doctors recommend long-term indigestion, gastrointestinal discomfort, or long-term drinking, smoking history, repeated stools and blood in the stool, the family with a family history of digestive system cancer, because of gastroscopy to investigate, the stomach cancer killing in the cradle.

46-55 years old is the high-risk period of life, these 8 diseases are easy to appear!


How many strokes to learn to be healthy?

46-55 years old is the “high-risk period” of life, these 8 diseases are easy to appear!
How many strokes to learn to be healthy?

When people reach middle age, they enter the autumn of events.

The burden of work, career, and family is very heavy, and health often has an overdraft.

Although 46?
The 55-year-old is one of the golden ages of life, but many diseases will erupt during this period of time. For example, most of the tragedies of “early death” have occurred during this period.

Therefore, this period of time is also called “high-risk period” of life.

There are studies in stages of life that the human life cycle can be roughly divided into the following stages: the most active period of life in 10 to 35 years old, the body’s tissues and organs develop from the beginning to the perfection, and the general trend of all aspects of its functions is positively rising., so called the health period.

The physiological function of people aged 36-45 began gradually from the peak, some organs began to decline, complications of arteriosclerosis began to form, and symptoms of diabetes began to appear, so some people called this period the stage of disease formation.

In the high-risk period of life between 246 and 55 years old, most diseases are outbreaks at this stage, and some are even life-threatening, especially coronary heart disease, diabetes, cancer, etc., which are more frequent in this period.

Some of the tragedies that died young in the age of 46-55 years old, so some experts called the “swampland” in the journey of life.

The safe transition period of 356-65 years old.

If there is no obvious organic change after the age of 65, it is a relatively safe period.

Some experts said that the period of 46-55 years is the “swampland” on the journey of life. During this time, there are about 8 diseases that are easy to appear and are generally chronic.

How to prevent disease 1 Diabetes against food: People with irregular fish life or family genetic history are prone to develop in middle age.

The omega-3 fatty acids of fish can strengthen the body’s decomposition and use sugar to maintain the normal state of sugar metabolism.

Tuna and squid are all good for preventing diabetes.

Thoroughly improve the third phase of the disease.

3 insomnia against food: strawberry people to middle age, work stress, it is easy to sleep.

Strawberry crystal magnesium, potassium, magnesium can appease the body, potassium can be calm, the combination of the two can promote sleep.

4 urinary calculi against food: black fungus because of the current high-fat diet and lack of exercise, resulting in more and more people with urinary calculi in middle-aged people.

Black fungus, plant alkali and fermentin, can promote the secretion of glands, lubricate the urethra, and discharge stones.

5 stomach disease prevention and control food: wine has better bactericidal ability, can kill Helicobacter pylori which causes stomach ulcer and gastritis.

Because the grapes are in the brewing period, the polyphenols produced have a bactericidal effect, thus protecting our stomach.

6 Hematopoietic function degeneration against food: If the bone does not improve the phenomenon of hematopoietic function degradation in time, it is easy to cause anemia and lack of blood supply to important organs, affecting life.

Drink more bone soup and eat more bone marrow, which can strengthen the ability of bone marrow to make blood cells.

7 thrombus against food: lycopene daily sudden myocardial infarction, cerebral infarction, are caused by the direct impact of blood clots, serious and directly life-threatening.

Tomato can effectively fight blood clots and prevent myocardial infarction and cerebral infarction.

Every morning, due to lack of water, blood is condensed. At this time, eating a tomato can effectively reduce the formation of blood clots.

8 Crime against food: The biggest killer of persimmons threatening the lives of middle-aged people is heart disease.

Most middle-aged people will have sudden cardiac death in a sudden situation.

Arsenic cellulose, phenol and trace elements in persimmon can inhibit arteriosclerosis. Middle-aged people eat more persimmons in an appropriate amount, which is conducive to prevention of hypertension.

Source: Network, fine removed.

Editor: Gao Jiming’s review: Zhu Xi is paying attention to the health knowledge of the people in Yangsheng-cn every day at 7 o’clock every morning.
Let’s share it with friends and family around you!

12 golden keys against aging


12 golden keys against aging

Urban people have a fast pace of life and an unreasonable diet. Experts say that our generation will be more susceptible to aging than the previous generation, so anti-aging papers have become a topic of concern.

Anti-micro-duration is always easier than making up the dead. If you can grasp the following 12 golden keys, you can open the door to delay aging.


hzh {display: none; }銆€銆€琛拌€佸悕璇嶈В閲婏細琛拌€佹槸鏈轰綋鐢熷懡杩囩▼涓殑蹇呯劧瑙勫緥銆俉ith the increase of age, aging is divided into two types: physiological and pathological: physiological aging refers to the physiological degeneration changes that occur after the maturity of the human body. Pathological aging accelerates the aging process due to pathological factors.

銆€銆€The first key: a cup of water in the morning, the body water balance.

銆€銆€The second key: lying on the right side, sleeping like a bow, good sleep quality.

銆€銆€The third key: only eat seven full, the body is naturally good.

銆€銆€The fourth key: life is flourishing in sports.

銆€銆€The fifth key: the music is happy and the reading is smarter.

銆€銆€The sixth key: often eat beans, can live longer.

銆€銆€The seventh key: say goodbye to the smoke, wine.

銆€銆€The 8th key: love and sex are in perfect harmony.

銆€銆€The 9th key: universal loneliness is healthy.

銆€銆€The 10th key: diligent use of the brain, anti-aging.

銆€銆€The 11th key: drink more tea, can lose weight, prevent cancer, and keep youth.

銆€銆€The 12th key: Face life with a smile.

銆€銆€Related links: Anti-aging 66 kinds of vegetables and fruits list 36 kinds of vegetable anti-aging list (from strong to weak) 钘?4.

57, ginger 2.

24, canola 1.

55, kidney beans 1.

43, Shantou 1.

03, garlic 0.

87, spinach 0.

84, sweet pepper 0.

82, beans 0.

75, broccoli 0.

71, green soybeans 0.

71, green onions 0.

69, white radish 0.

60, parsley 0.

59, carrot 0.

55, cabbage 0.

49, potato 0.

46, amaranth 0.

44, onion 0.

41, tomato 0.

40, eggplant 0.39, cucumber 0.

36, cauliflower 0.

31, Chinese cabbage 0.

30, peas 0.

30, mushroom 0.

28, winter melon 0.

27, loofah 0.

24, garlic 钖?0.

20, lettuce 0.

19, bean sprouts 0.

14, 闊?yellow 0.

12, pumpkin 0.

12, celery 0.

12, Yam 0.

08, lettuce 0.


銆€銆€30 kinds of fruit anti-aging rankings (from strong to weak) Hawthorn 13.

42, winter jujube 6.

98, guava 6.

07, kiwi 4

38, Mulberry 4.

11, strawberry 3.

29, agate pomegranate 3.

10, citrus 2.

29, seedless green skin oranges 2.

19, orange 1.

89, lemon 1.

43, cherry 0.

99, longan 0.

94, pineapple fruit 0.

87, red banana apple 0.

80, pineapple 0.

80, banana 0.

73, plum 0.

71, Lychee 0.

59, kumquat 0.

50, rose grapes 0.

49, grapefruit 0.

39, Mango 0.

38, Kubo peach 0.38, apricot 0.

34, cantaloupe 0.

24, Crystal Pear 0.

22, white melon 0.

19, watermelon 0.

16, persimmon 0.