[Can the oven make yogurt]_How to_How to do

銆愮儰绠卞彲浠ュ仛閰稿ザ鍚椼€慱鎬庝箞鍋歘濡備綍鍋?
The paper is not available, but it is not easy to find out what is happening in the south of the country. It ‘s very difficult to find out 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?閰稿ザ鍒朵綔鐨勬満鍣紝鑰岀儰绠卞氨鏄敤浜庡仛閰稿ザ鐨勪竴绉嶆満鍣ㄣ€傚埗浣滈吀濂剁殑鏂规硶锛屾槸闇€瑕佹垜浠皢鐗涘ザ璺熶钩閰歌弻涓€璧锋悈鎷屽潎鍖€锛屽苟涓旇鍔犲叆鐧界硸锛屾墠鍙互鍠濆嚭閰搁吀鐢滅敎鐨勫懗閬撱€傚浜庨吀濂剁殑鍒朵綔鏂规硶浠ュ強鐑ょ鐨勬搷浣滄寚绀猴紝澶у鍙互浜嗚В涓嬮潰鐨勫唴瀹广€?銆栬嚜鍒堕吀濂躲€?鍑嗗鏉愭枡锛氫竴澶ц椴滅墰濂躲€佸崐鐡惰秴甯傚敭鐨勪紭閰钩(鎴栦钩閰歌弻绮?Are you scared?銆佺櫧绯栭€傞噺 鍒朵綔杩囩▼锛?銆佸皢澶ц椴滃ザ锛屽叆閿呯儳寮€锛岃浆鍒版棤姘存棤娌圭殑瀹瑰櫒涓紝鏀剧疆鍒板娓╃姸鎬?35-40 渴 縣 痂?;2銆佸€掑叆浼橀叒涔虫垨涔抽吀鑿岀矇锛屾悈鎷屽潎鍖€锛岀洊涓婁繚椴滆啘锛屾斁鍏ョ儰绠变腑灞?Are you afraid of embroidering?; For fear of “weaving 3”, “weaving 3”, “weaving”, “weaving”, “weaving”, “weaving”, “weaving”, “weaving”, “weaving”, “weaving”, “weaving”, “weaving”, “weaving”, “weaving”, “weaving”, “weaving”, “weaving”, “weaving”, “weaving”, “weaving”, “weaving”, “weaving”, “weaving.4 銆?-6 燏 夔 咂 咖 庯 庯 嫔 嫔 冔 冔 醣 鍣 駄 勭 勭 咂 閺 凡 幈 粨 姽 垯 卯 卾 鈺 連 像 小小 小 减 减 减 减 减 减 减 凖2灏忔椂鍚庯紝鍔犵櫧绯栧嵆鍙鐢ㄣ€?What’s new?銆佺墰濂朵竴瀹氳鐢ㄥ叏鑴傜墰濂讹紝鍔犲叆浼橀叒涔虫垨涔抽吀鑿岀矇鏃剁殑娓╁害涓€瀹氫笉鑳藉お楂橈紝鍚﹀垯涔抽吀鑿岃鏉€姝伙紝閰稿ザ灏卞仛涓嶆垚鍔?2銆佺敤涔抽吀鑿岀矇鍒朵綔閰稿ザ鏄渶浣抽€夋嫨锛屼絾濡傛灉涔颁笉鍒帮紝灏辩敤甯傚敭閰稿ザ鍋氬紩瀛愬彂閰碉紝鐢ㄤ紭閰钩鏄垜璇曡繃澶氱閰稿ザ鍋氬紩瀛愬悗锛岃寰楁晥鏋滄渶濂界殑涓€绉嶃€?銆佸鏋滈渶瑕佹寔缁仛閰稿ザ锛屽彲姣忔鍋氬ソ鍚庣暀鍑轰竴灏忛儴鍒嗭紝鍋氫笅涓€娆″仛閰稿ザ鐨勫紩瀛愩€?What are you going to do? Do you have a hard time? Do you have a hard time? Do you have any questions?銆?-6灏忔椂鍚庯紝濡傛灉閰稿ザ鍑濆浐寰楄繕涓嶅濂斤紝鍙互鍐嶉€傚綋澶氬鍔犲彂閰垫椂闂达紝濡傛灉鎬庝箞閮戒笉鑳藉嚌鍥猴紝璇锋敞鎰忔槸涓嶆槸鎿嶄綔涓嚭鐜颁簡浠€涔堥棶棰樸€?This is a draft of the world, and it ‘s a real draft. It ‘s a bit of a joke. It ‘s a very serious problem.銆佺儰绠卞洜涓哄彧鏈夌鍐呮俯搴︿笉瓒宠瀹氭俯搴︽椂鎵嶄細寮€濮嬪伐浣滐紝鍙戦叺鎵€闇€瑕佺殑娓╁害鏄?0搴﹀乏鍙筹紝闇€瑕佸姞鐑殑鏃堕棿鐭紝鑰屼笖姣旇緝瀹规槗淇濇寔锛屾墍浠ュ紑5-6灏忔椂涔熶笉浼氳€楀緢澶氱數锛屽彲浠ユ斁蹇冨埗浣溿€?TOWER Huo  Man off Ke fermium Juanyi CKF-25B Qie ょ  adze bare hill Meituan  Cun screws peak Xiaowei ╁ harm Qi  Er Zhang Fujio Locate Right-Zhan Chi Nau e Mian Nya o Renzun  Man wives of brothers’ spinning Zhang FujioSTAYON: “Spinner, Supervisor, K, and K, STAYON, STAYON, STAYON, STAYON, STAYON, FUJIAN, FUJIAN, NANJU”Shackled?-6 銏 咂咂 咖 咏 协 协 咰 咰 办 办 琛 屼 简 銆

[How long does it take to steam beef dumplings?】 _How to do beef _ Practice Daquan

銆 愮 坛 Insert 楗 楗 Hong  钂 Draft  闀 Backpacks 惂 遂 up to 銆 銆 慱 逜 倝 倝 庝 箞 歘 锅 氘 桶 揶 叏
鐗涜倝鏄潪甯稿彲鍙g殑缇庨锛岀墰鑲変腑钀ュ吇浠峰€煎緢楂橈紝鑳借ˉ琛€琛ユ皵锛岃皟鍏昏韩浣擄紝瀵Sihan Hanhuan’s experience is that the chain is still broken and the world’s own is in trouble. It’s very difficult to keep it in place. It’s very difficult to get around. It’s very important.I ‘m awesome, I ‘m awesome, I ‘m awesome, I ‘m awesome, I ‘m awesome, I ‘m sorry, I ‘m sorry, I ‘m sorry, I ‘m sorry, I ‘m not sure what ‘s going on.纴鍒舵垚镄勭坛镶夎捀楗猴纴鍙f劅鑺抽锛屽叆鍙e婊戙€?凿滃扇鐗硅壊ˉ琛€鐨勪匠鍝併€傝捀楗哄湪鍗楁柟杈冧负娴佽锛屾寚灏嗛ズ瀛愭斁鍦ㄨ捀绗奸噷闈㈣捀鍒惰€屾垚锛屼笌浼犵粺鐨勬按楗虹浉姣斿埆鏈変竴鐣鍛炽€備富鏂?How to harm Limeng (300? 鐗 涜 倝 (Set ョ 槮) (400 鍏?呮 呡 呡 Drill song two (200? Inlaid?50 ounces? 澶 ц 懕 (20 鍏?璋 冩 枡 Hao?2 guns? Clash of Realm?2 guns? Recognition supplement (10 鍏? Dibububu (5? 鑳 ℃ Qi?2 guns? Was it rough?10 ounces? 锅 氭 硶 1.鎶婇潰绮夈€佺洂銆佺儹姘村崐鏉€佸喎姘村崐鏉贩鍚堝湪涓€璧凤紝鎻夋悡鎴愰潰鍥紝鍐嶅垎鎴愬涓皬闈㈠洟锛屾搥鎴愰ズ瀛愮毊銆?.What are you talking about?椹箘銆佽偉鑲夈€佽懕閮藉垏鎴愬皬绮掋€?.鐗涜倝涓姞鍏ラ┈韫勩€佽懕绮掋€佽皟鍛虫枡(鐧界硸銆侀叡娌广€侀娌广€佽儭妞掔矇)鎼呮媽璧疯兌锛屼笅鍐嶅姞鍏ヨ偉鑲夈€佹补鎼呮媽鍧囧寑锛屾斁鍦ㄤ竴杈圭害30鍒嗛挓锛屽埗鎴愯倝棣呫€?.闈㈢毊涓寘鍏ラ€傞噺鐨勯锛屾崗濂藉皝鍙o紝鍖呮垚楗哄瓙銆?.The world is in trouble, and the world is afraid of silicon. It ‘s a bit of trouble. It ‘s a good thing. It ‘s a real thing. It ‘s a real thing. It ‘s simple. It ‘s simple. It ‘s very simple.傝嵏鑽犲張绉伴┈韫勩€傜墰鑲?鑲ョ槮):鐗涜倝涓嶅疁涓庢澘鏍椼€佺敯铻恒€佺孩绯栥€侀煭鑿溿€佺櫧閰掋€佺尓鑲夊悓椋熴€傝偉鑶樿倝:鐚倝涓嶅疁涓庝箤姊呫€佺敇鑽夈€侀搏楸笺€佽櫨銆侀附鑲夈€佺敯铻恒€佹潖浠併€侀┐鑲夈€佺緤鑲濄€侀鑿溿€佺敳楸笺€佽彵瑙掋€佽崬楹︺€侀箤楣戣倝銆佺墰鑲夊悓椋熴€傞鐢ㄧ尓鑲夊悗涓嶅疁澶ч噺楗尪銆傚ぇ钁?What’s going on, what’s going on, what’s going on, what’s going on, what’s going on?钁变笌铚傝湝涓嶅彲鍚岄锛屽惁鍒欐槗寮曡捣鐥㈢柧鐨勫彂鐢熴€?钀ュ吇浠峰€?灏忛害闈㈢矇:闈㈢矇瀵屽惈铔嬬櫧璐ㄣ€佺⒊姘村寲鍚堢墿銆佺淮鐢熺礌鍜岄挋銆侀搧銆佺7銆侀捑銆侀晛绛夌熆鐗╄川锛屾湁鍏诲績鐩婅偩銆佸仴鐫ュ帤鑲犮€侀櫎鐑娓寸殑鍔熸晥锛屼富娌昏剰韬併€佺儲鐑€佹秷娓淬€佹硠鐥€佺棃鑲裤€佸浼ゅ嚭琛€鍙婄儷浼ょ瓑銆傜墰鑲?Insert Newspaper Shen): Jianduganfen An Guojuanbanxi Yaruzhulu  Ren lover eng Yejugezhe Xiqishenya  Ganxuancunsan Madiehanhuan Tayingxiaguang Ren Jian mustard GezhakuimanSister Huan Huan is very serious and has a strong chain. It ‘s very hard to get stuck in the chain. It ‘s very hard to get around. It ‘s so frustrating. It ‘s very weak. It ‘s very weak. It ‘s very weak.What is the best way to do this? If you want to know how to use it, you will be able to use it. If you do n’t know what you ‘re doing, do n’t you think it ‘s a good idea?鐗涜倝鏈夎ˉ涓泭姘旓紝婊嬪吇鑴捐儍锛屽己鍋ョ瓔楠紝鍖栫棸鎭锛屾娓存娑庝箣鍔熸晥锛岄€傚疁浜庝腑姘斾笅闅愩€佹皵鐭綋铏氥€佺瓔楠ㄩ吀杞€佽传琛€涔呯梾鍙婇潰榛勭洰鐪╀箣浜洪鐢ㄣ€?

[Does white radish honey water cure hot cough-]_ Luhua_How to treat

Do you want to live up to this point?庝 箞 娌 荤 掟 _picked up
鈜 冲 椊 鍦 ㄥ Hook up the rudder, the father and the father, and the father and the father, the drama and the drama: the tea and the tea are not easy to drill, and the drill is not easy to drill, and the drill is not easy to drill.The father and mother are in trouble with each other, and they are very busy, and they’re very busy, and they’re very busy, and they’re very close to each other.By the way, by the way, by the way, by the way, by the way, by the way, by the way, by the way, by the way, by the way: by the way: by the way: by the way: by the way: by the wayYou are not alone, but you are not sure how to do it. How to do it? Do you want to know how to do it? Do you know how to do it?How to use it? If you do n’t want it, you can use it to make sure that it ‘s suitable for you. It ‘s not suitable for you.逅 鍅 懆 懆 懕 锏 鹏 鹡 鍨 逨 逨 播 氭 桭 氲 撅 鍗?鏍癸紝钁辩櫧6鏍癸紝鐢熷15鍏嬶紝鐢ㄦ按涓夌鍏堝皢钀濆崪鐓啛锛屽啀鏀捐懕鐧姐€佸锛岀叜鎴愪竴纰楁堡锛岃繛娓d竴娆℃湇銆傞€傜敤锛?瀹h偤瑙h〃锛屽寲鐥版鍜炽€傛不椋庡瘨鍜冲椊锛岀棸澶氭场娌紝浼寸晱瀵掞紝韬€﹂吀鐥涚瓑銆?銆佺孩绯栧鏋f堡娌讳激椋庡挸鍡藉仛娉曪細绾㈢硸30鍏嬶紝椴滃15鍏嬶紝绾㈡灒30鍏嬨€備互姘翠笁纰楃厧鑷宠繃鍗婏紝椤挎湇锛屾湇鍚庡嚭寰睏鍗虫剤銆傞€傜敤锛氶┍椋庢暎瀵掋€傛不浼ら鍜冲椊锛岃儍瀵掑埡鐥涳紝浜у悗鍙楀瘨鑵规郴锛屾伓闃寸瓑銆?銆佽姭鑽芥堡骞充激椋庡挸鍡藉仛娉曪細鑺嵔(棣欒彍)30鍏嬶紝楗寸硸30鍏嬶紝澶х背100鍏嬨€傚厛灏嗗ぇ绫虫礂鍑€锛屽姞姘寸叜姹ゃ€傚彇澶х背姹や笁姹ゅ寵涓庤姭鑽斤紝楗寸硸鎼呮媽鍚庤捀10鍒嗛挓锛岃秮鐑竴娆℃湇锛屾敞鎰忛伩椋庡瘨銆傞€傜敤锛氬彂姹楅€忚〃锛屾不浼ら鎰熷啋寮曡捣鐨勫挸鍡姐€?TOWER Quanzhuniepen Cui Zhitajieli marriage  Fenqijianwei by Cha Pingluoxichan х Zhuyipencui 1 Juan  Renzhitanjie 30 Wei Biren Jianjiechenniu?绮掞紝楹婚粍2鍏嬨€傚皢钀濆崪娲楀噣锛屽垏鐗囷紝鏀惧叆纰楀唴锛屽€掑叆铚傝湝鍙婄櫧鑳℃锛岄夯榛勭瓑鍏辫捀鍗婂皬鏃惰秮鐑】鏈嶏紝鍗у簥瑙佹睏鍗虫剤銆傞€傜敤锛氬彂姹楁暎瀵掞紝姝㈠挸鍖栫棸锛屾不椋庡瘨鍜冲椊銆傜櫧钀濆崪鐨勫姛鏁堜綔鐢ㄧ櫧钀濆崪鏄竴绉嶅父瑙佺殑钄彍锛岀敓椋熺啛椋熷潎鍙紝鍏跺懗鐣ュ甫杈涜荆鍛炽€傜幇浠g爺绌惰涓猴紝鐧借悵鍗滃惈鑺ュ瓙娌广€佹穩绮夐叾鍜岀矖绾ょ淮锛屽叿鏈変績杩涙秷鍖栵紝澧炲己椋熸锛屽姞蹇儍鑲犺爼鍔ㄥ拰姝㈠挸鍖栫棸鐨勪綔鐢ㄣ€備腑鍖荤悊璁轰篃璁や负璇ュ搧鍛宠緵The pick-and-pick tool is not easy to find, and it’s hard to find the best way to do it. It’s very difficult for you to make a difference.绉颁箣涓衡€滆敩涓渶鏈夊埄鑰呪€濄€傛墍浠ワ紝鐧借悵鍗滃湪涓村簥瀹炶返涓湁涓€瀹氱殑鑽敤浠峰€笺€?銆佹秷鍖栭绉吂鑳€锛屾秷鍖栦笉鑹紝鑳冪撼娆犱匠锛屽彲浠ョ敓鎹f眮楗敤銆傛伓蹇冨憰鍚愶紝娉涘悙閰告按锛屾參鎬х棦鐤撅紝鍧囧彲鍒囩铚滅厧缁嗙粏鍤煎捊銆備究绉橈紝鍙互鐓銆傚彛鑵旀簝鐤★紝鍙互鎹f眮婕卞彛銆?銆佸懠鍚稿挸鍡藉挸鐥帮紝鏈€濂藉垏纰庤湝鐓庣粏缁嗗毤鍜姐€傚捊鍠夌値銆佹墎妗冧綋鐐庛€佸0闊冲樁鍝戙€佸け闊筹紝鍙互鎹f眮涓庡姹佸悓鏈嶃€傞蓟鍑鸿锛屽彲浠ョ敓鎹f眮鍜岄厭灏戣鐑湇锛屼篃鍙互鎹f眮婊撮蓟銆傚挴琛€锛屼笌缇婅倝銆侀搏楸煎悓鐓啛椋熴€傞闃叉劅鍐掞紝鍙叜椋熴€?銆佹硨灏跨郴缁熷悇绉嶆硨灏跨郴缁撶煶锛屾帓灏夸笉鐣咃紝鍙敤涔嬪垏鐗囪湝鐐欏彛鏈嶃€傚悇绉嶆诞鑲匡紝鍙敤钀濆崪涓庢诞灏忛害鐓庢堡鏈嶇敤銆?Edited by the writers, the authors, the editors, the editors, the readers, the readers, the readers, the readers, the readers, the readers, the readers, the editors, the readers, the readers, the readers, the readers,編鐧界殑鏁堟灉鍚椼€傝嚜宸卞姩鎵嬪仛涓€鐐硅悵鍗滃彾鑼跺惂锛屽叾瀹炲苟涓嶈鍚冨灏戣悵鍗滐紝钀濆崪鍙惰尪涓嶄絾浜彈鍒颁簡钀濆崪鐨勮惀鍏伙紝涔熶笉鐢ㄥ悆澶鐨勮悵鍗溿€傝繖鏍风殑鏂规硶鏁堟灉涔熷緢蹇€?

Sofia (002572): Orders pick up from March to maintain buying

Sofia (002572): Orders pick up from March to maintain buying
Conclusions and recommendations: Incident: The company achieved operating income in 1Q11.8.5 billion, down 4 previously.67%, net profit 1.07 billion, an increase of 3 previously.69%, mainly benefiting from growth in investment income, with a combined gross profit margin of 34.4%, a decline of 0 per year.3pct, net profit after deduction of 79.42 million, a decrease of 18 per year.32%, the results after deductions were less than expected, mainly due to the decline in revenue and gross profit margin. The company’s revenue growth rate was lower than expected, mainly due to the small effect of promotional activities in the fourth quarter of 2018, which caused insufficient factory-side orders in the first quarter. At the beginning of the new year, the company tried new promotion policies.There is a lag effect, which is not reflected in the 1Q performance. It is expected that the promotion effect will start to be reflected in 2Q. Initial income source, wardrobe income 9.7.7 billion, down 7 previously.11%, in addition to promotional factors, the Spring Festival also has a certain impact, 1-3Q wardrobe customers about 8.60,000, previously reduced by 9.58%, the customer unit price is 10825 yuan / order.Doubled.43%, gross profit margin was flat, cabinets realized revenue1.0.8 billion, an increase of 12 previously.98%, net profit -1817.720,000 yuan, a year of 34 losses.36%, the gross profit margin rose relatively 2.85 points.Wooden doors realized revenue of 2838.250,000 yuan, an increase of 36 in ten years.1%, net profit is -1377.590,000 yuan, a year of loss reduction of 22.92%, gross margin fell by ten in ten years.3 points.The cabinet and wooden door business achieved profitability in 2018, and it also showed an upward trend in the first quarter. The integration of benefit channels will have an effect on the company’s performance in the future.In terms of other income, the income of furniture and household products was zero.6.2 billion, down 10 previously.91%, gross margin decreased by 5.97 points.In addition, the company’s accounts receivable increased by 13 each year.5%, mainly due to the continued growth of bulk business. Expenses remain high, but the overall control is good, exceeding the decline of 0.96pct to 23.45%, mainly benefiting from the decrease in management expenses and research and development expenses, and sales expenses were affected by promotional activities, advertising and other factors, which rose by 9%.2%, financial expenses increased by the short-term impact of short-term income67.twenty four%. In terms of channels, the report has continuously increased 57 terminal station stores, of which 39 are large home furnishing stores, indicating that the speed of dealer opening is accelerating, and the company’s large home furnishing strategy is steadily advancing.In addition, 650 stores are planned to be added during the year, of which 300 are added by the Sophia brand, 100 each by Sami and Milana, and 150 are large home furnishing stores. Through sinking channels and continuous encryption in first-tier and second-tier cities, it is beneficial to construction companies.Competitive Advantage. 杭州桑拿 Profit forecast: In summary, considering the company’s order recovery, slightly increase the profit forecast, it is expected that the company will achieve a net profit of 10 to 2020 respectively.8.6 billion and 12.200 million, an increase of 13 in ten years.23% and 12%, the EPS is 1, respectively.18 yuan and 1.32 yuan, the current sustainable corresponding PE is 18 respectively.6 times and 16.6 times, maintain buy investment advice. Risk warning: industry competition is further intensified, macroeconomic growth is intensified, and channel improvement is less than expected

There are three advantages to fund investment: good timing, good drivers, good products

There are three advantages to fund investment: good timing, good drivers, good products

There are three good times for fund investment: good timing, good driver, good productsLightning strikes due to incorrect evaluation by corporate executives, and even lightning strikes due to scallop migration and starvation of pigs . Rolling down the skyray can only help investors smile proud of the stock market.investment.

But for ordinary investors, it is difficult to do this due to the limitation of the capacity circle. At this time, the most cost-effective option is to choose a good fund.

So what kind of fund is a good fund?

I think that the “good” of good funds is mainly reflected in three points: good timing, good “driver” and good products.

Good time: The market is estimated to be low ▲▲▲ The spring breeze is blowing over the tide, and the tide is just when the sails are sailing.

From multiple perspectives, it is now a better time for investors to set up the A-share market.

First of all, from the estimated level, wind data statistics show that until the close on August 7, 2019, the Shanghai Composite Index surplus returned to 12.
.

39 times, the historical median is 14.

09 times.

The Shanghai Composite Index is trading at 35.

At the 74th percentile, initially, the Shanghai Composite Index was only 35 in history.

74% of trading days are higher than current estimates.

Looking further, looking back at the history of nearly 17 years since 2002 to June 2019, the current market estimates are significantly lower than the historical lows of 2005, 2008, and February 2016.

From the perspective of global estimates and comparisons, A shares are also relatively low, and their allocation value is prominent.

  From a policy perspective, the central conference has pointed out that finance is an important core competitiveness of the country. With the support of regulatory policies, the development of these capital markets has entered a golden period, and the long-term investment value is good.

At the same time, equity investments are also in a new exchange period.

In the context of financial supply-side reforms, the break-in rate and the change in fixed income have gradually reduced the yield rate. Combined with the national strategic positioning of “housing and living”, domestic asset allocation will gradually shift to equity assets.of.

Good driver: GARP creates a powerful fund manager ▲▲▲ It is not enough to have a good time. A “good driver” who can manage good times is also important.

A fund manager is like a helmsman in a ship and a driver in a car. It is a real soul, especially for partial stock funds.

So what kind of fund manager is considered a “good driver”?

For example, Mr. Hong Liu, the proposed fund manager of Castrol Ruihong for three years regularly opening a hybrid fund (fund code: 501088).

  (Mr. Hong Liu, Managing Director of Harvest Fund, Investment Director of Shanghai GARP Investment Strategy Group) In 2016, the fund managed by Hong Liu at that time won the 2016 Stock Fund Champion.

At the same time, torrent management products also won 2 Star Fund Award trophies and a Gold Fund trophy in 2017.

In 2018, torrent management products won the Star Fund Awards trophy again.

And in January 2019, the public funds under its management received Morningstar’s 3-year 5-star fund rating, and its investment management capabilities were recognized by professional institutions.

The achievement of outstanding performance is attributed to the GARP investment strategy, which is superior in torrents.

This achievement of the legendary fund manager Peter Lynch’s investment strategy is also applicable to A-share investment under the succession and innovation of Torrent.

According to Torrent, the core advantage of the GARP strategy is “buying growing companies at a reasonable price.”

From the perspective of inheritance, investment must adhere to the “Sanhao” stock selection strategy, that is, a good industry, a good company, and a good buy price.

From the perspective of innovation, it is necessary to improve quantification and other means, establish a comprehensive risk-reward indicator system, and re-establish risk budget parameters to improve the investment sharpness of the GARP strategy.

Investment is the realization of cognition. Rich investment research experience and resume will add points to fund managers.

Old drivers may not be good drivers, but good drivers are all old drivers.

Good product: “4P” dimension analysis of Castrol Ruihong ▲▲▲ There are 4P principles for fund products in the international market: philosophy (idea), people (team), process (process), performance (performance)

Below we analyze the investment value of Castrol Ruihong’s three-year open 深圳spa会所 fund from the above aspects.

Let’s look at philosophy (idea) first.

Castrol Ruihong’s investment philosophy is the GARP strategy, which has led to the well-known fund manager Peter Lynch.

Peter Lynch has managed the Fidelity Magellan Fund for 13 years and has an annualized return of 29%, using the GARP strategy.
The core advantage of the GARP strategy is “buying growing companies at a reasonable price”, which is the so-called “risk-reward ratio” of domestic investors.
The management team of Castrol Ruihong Fund also inherited and reformed the GARP strategy derived from Peter Lynch.

Look at People again.

In addition to Mr. Hong Liu’s proposed appointment as a fund manager, Castrol’s huge investment research team continues to empower Castrol Ruihong Fund.

Up to now, Harvest Fund has won the “Top Ten Golden Bull Fund Management Companies” award nine times, and has maintained a leading investment and research team.

Then comes Process.

A rigorous and scientific investment process can regulate the behavior of fund managers.

Castrol Ruihong has a complete stock selection and risk control process.

Taking stock optimization as an example, there are three steps to establish, track, and maintain the stock pool.

  Step 1: Establish the stock pool to quantify the financial data of the report and use the subjective fine screening of the investment manager to generate the stock pool; Step 2: Track the stock pool to continuously track the companies in the stock pool and convert the financial data in the reportAs a result, the fundamental situation of the industry, combined with the judgment of the estimation, forms a real-time perception of the risk-benefit ratio of individual stocks.

By comparing the risk-benefit ratio of individual stocks in the pool, the combination with the highest cost is selected. The third step is to maintain the stock pool to regularly check the quality of the stock pool. Eliminating the industry or company fundamentals will make it difficult to estimate the risk-reward ratio.The investment risk-benefit ratio that improves the fundamentals has become more and more standard, achieving the metabolism of the stock pool.

  Last is Performance.

As of the close of August 7, 2019, the SSE Composite Index surplus has reset 12.

39 times.

According to statistics, when the Shanghai Stock Exchange’s P / E ratio is below 13 times, the fund’s initial offerings will achieve positive returns until the end of June 2019, and the highest return will exceed 13 times.

Therefore, the future of Castrol Ruihong’s three-year regular open fund is worth looking forward to!

  (Data source: February 2019 report of the fund; deadline: end of June 2019) So no matter which dimension you look at, Castrol Ruihong will be worthy of the title of “good product”.

Jerry Shares (002353) Company Dynamics Review: Double Internal Profits and Double Development at Home and Abroad

Jerry Shares (002353) Company Dynamics Review: Double Internal Profits and Double Development at Home and Abroad

Event: On February 03, 2020, the company announced the 2019 annual performance forecast, and the company is expected to realize net profit attributable to mothers in 201913.

1 billion to 14.

3.4 billion, compared with the same period last year 6.

1.5 billion also increased 113% to 133%.

Net profit continued to grow at a high rate: The company’s average net profit for the quarter of 2019 achieved rapid growth, and Q1-Q3 achieved net profit1 respectively.

1/3.

9/4.

100 million, an increase of 224.

56% / 156.

13% / 129.

29%.

It is reported that the 2019 annual performance forecast disclosure data estimates that the fourth quarter of 2019 is expected to achieve net profit attributable to mothers.

0.6 billion to 5.

29 trillion, exceeding the expected estimate of 60.

61% -109.

35%.

2019 preliminary company is expected to achieve net profit attributable to mother13.

1 billion to 14.

3.4 billion yuan, compared with the same period last year 6.

1.5 billion also increased 113% to 133%.

The high performance growth was due to the country’s increased investment in unconventional oil and gas resources, strong demand for oil and gas equipment and services, and the company’s product line orders for drilling and completion equipment, revenue and technical services continued to maintain high growth, and the company’s operating performance increased significantly.

Benefiting from the continuous increase in capital expenditure for exploration and development of three barrels of oil and the increase in unconventional oil and gas extraction, the boom in the oil service industry has continued to improve, and the company’s performance has continued to improve overall: In terms of capital expenditure for exploration and development, the capital expenditure for three barrels of oil in 2019 is expected to reach 506951.69 million yuan, an annual increase of 16.

25% -18.

54%, of which 杭州桑拿 exploration and development spending increased by about 20%.

Three barrels of oil will continue to increase capital expenditures in 2020. The total capital expenditure budget of CNOOC is 85 billion to 95 billion US dollars, of which the exploration and development capital expenditure budget is 66.3 billion to 74.1 billion US dollars, a further increase of nearly 20%; 2020 China Petroleum Working ConferenceIt is proposed that the company will maintain a risk exploration investment of US $ 5 billion and achieve a domestic oil and gas production equivalent of more than 200 million tons.

Future capital expenditures for exploration and development continue to improve, supporting the company’s performance.

  Three barrels of oil continued to increase the production of unconventional oil and gas. In terms of shale gas, the shale gas output of the CNPC Zhejiang Oilfield reached 13.

1.3 billion cubic meters, of which the first 100 billion cubic meters of large-scale shallow shale gas field in the Sun-Dazhai Blockchain was built in China5.

4.3 billion cubic meters; Sinopec obtained a mining license for the Sichuan Weirong Shale Gas Field in November 2019, and the daily output of natural gas tested on the Well 23 platform reached 31.

30,000 cubic meters, with good prospects for exploration and mining.

In terms of shale oil, China will continue to make breakthroughs in the shale oil field in 2019, and successively set up shale oil exploration and development demonstration zones such as Dagang Oilfield. According to the main shale oil producing areas such as Jimusar, Qingcheng, and Dagang Oilfield in the coming years,The plan for rock oil production is expected to reach 220/312/418 millimeters by 2019 and 2021, and the future gap will break.

  Benefiting from the continued increase in upstream exploration and development capital expenditure and the increase in unconventional oil and gas production, the company’s oil and gas equipment manufacturing industry is booming, which will help the company’s performance to improve overall.

The economic growth of domestic shale gas development continues to be enhanced by the policy of strong support. Shale gas exploration has entered the fast track. The company’s fracturing equipment business is committed to enjoying a high market share. In terms of economics, the cost of single well construction is gradually decreasing.The average drilling cycle decreased from 175 days to more than 40 days, and the cost of single-well construction in the Changning-Weiyuan demonstration area was from 1 in the early days.

30,000 yuan has been reduced to about 50 million yuan in 2018. In total, some private and foreign enterprises have controlled the cost of integrated wells for single wells at about 36.25 million yuan.

According to estimates, the current neutral cost of shale gas production is estimated to be about zero.

71-0.

97 yuan / cubic meter, the future shale gas cost is expected to continue to drop, injecting power into shale gas production.

In terms of policies, the country’s key energy security, unconventional oil and gas, especially shale gas, are increasingly visible locally. The country has successively introduced new policies such as oil stabilization and gas increase + seven-year action plan + continuous tax reduction + incremental compensation new policy + previous foreign developer entry and other new policies, Clear policy guidance to increase the speed of shale gas extraction.In addition, the “Shale Gas Development Plan (2016-2020)” states that the target for shale gas production in 2020 is 30 billion cubic meters. Compared with the output gap of about 11 billion cubic meters in 2018, shale gas development is expected to accelerate in the future.As a leader in fracturing equipment, the company is expected to enjoy high market share.

Looking ahead to 2020, the tide of North American fracturing equipment updates will open up the company, which is expected to win a larger market share. New electric drive fracturing products also provide opportunities for the company to expand overseas: The North American fracturing vehicle market has entered a new peak, and the company is a leading Chinese fracturing company.Makes a difference in some North American update demand market share.

Based on a 10-year update, the North American market has about 786/993/1485 million water horsepower during the period 2009-2011. About 277/829/1968 new 2500 fracturing vehicles will be added in an appropriate year. The corresponding market value is about44.

32/132.

64/314.

8.8 billion yuan.

In addition, due to the explosive growth of the water horsepower stock in the North American market from 2010 to 2012, the 2020-2022 will usher in the peak period of the fracturing equipment update in North America.

In terms of electric drive fracturing equipment, the company is the world’s first advanced electric drive fracturing equipment company. The products of the earlier North American electric drive fracturing company have both price and technical advantages.

In terms of price advantage, a current 45,000-horsepower electric drive fleet in the United States costs $ 60 million, which is about 46% higher than the price of a traditional fracturing vehicle.

The use of domestic equipment in Jerry’s electric drive products has greatly reduced the cost of the fracturing vehicle. Compared with the traditional fracturing vehicle, the price is flat or even lower, and it has a price advantage compared to American products.

In terms of technical advantages, the existing electric drive fracturing in the United States is mostly 2500HHP and 3500HHP, and the electric drive fracturing pump independently developed by Jerry has high power of up to 5000HHP.

According to a Reuters report, the demand for electric drive fracturing equipment in the North American market will rise to 25% -33% in the next five years, and the market demand is broad.

On November 18, 2019, the company has successfully signed orders for turbine fracturing equipment with key strategic customers in the North American oil service sector. At the same time, electric drive fracturing equipment has also been sold.

Investment suggestion: It is expected that domestic shale oil and gas exploration will increase in strength, capital expenditures will increase, and foreign market renewal demand will usher in a small peak. According to model calculations, the company ‘s revenue and gross profit margin are expected to continue to increase.”Highly recommended” rating, the net profit attributable to mothers is expected to be 13 in 2019-2021.

7.9 billion, 18.

4.2 billion, 24.

140,000 yuan, the EPS is 1.

44 yuan, 1.

92 yuan, 2.

52 yuan, corresponding to PE is 26 times, 19 times, 15 times.

Risk reminder: The capital expenditure of three barrels of oil exceeds the budget, the shale gas development and cost declines are less than expected risks, the North American market development is less than expected, new product development and development is less than expected, performance is lower than expected, international oil prices fluctuate, and the risk of increased industry competition

Women’s second self-employment victory is the key

Women’s second self-employment victory is the key

■ The biggest difficulty in secondary entrepreneurship comes from internal factors. For women who start a business for the first time, they usually encounter problems of lack of funds, experience, and good projects. For women who go from the family to the society and move to the workplace for secondary entrepreneurship,However, the biggest difficulties and obstacles come from my heart.

  Wang Shuqi said that at present the society has a higher tolerance for business women and even female entrepreneurs, and external factors usually do not pose much difficulty and hinder women’s second entrepreneurship.

But the contradiction between multiple social roles will bring them a considerable psychological burden.

She said that entrepreneurs naturally spend almost all their time and benefits to work hard, and as wives and mothers, they are destined to fail to give the family adequate benefits and care, and the traditional concept of “family husband and child” for Chinese womenThe impact will conflict with the reality, which is a very painful process.

When Wang Shuqi returned from studying overseas to start a magazine, she was very busy every day. Although her daughter liked her magazine very much, she often “teared tears” with her because she wanted her mother.

  ■ Choose the right project to start with Three successful female entrepreneurs have a consensus that women and men have different genders and different thinking styles and logical characteristics.

Li Ying said that when women think about problems, they are multi-faceted and have more specific details, but their macro thinking and long-term planning ability are not so strong.

From this perspective, women entrepreneurs should choose projects that are suitable for them to start with.

  Ms. Geraldine and Wang Shuqi are armed in the media industry for children and children. This is actually brought about by the role of mother and mother.

After returning from studying overseas, Wang Shuqi found a gap in this part of the domestic publications when looking for publications suitable for her daughter to read, and gradually became a reading magazine for children.

Ms. Geraldine explained her corporate management philosophy in terms of her mother’s role: managing a business is similar to educating children. Educating children must be considered first by the child, and management must also be considered by the employees.

In the case of a few children, it is necessary to be able to coordinate the relationship between the children, and as a leader of the enterprise, it is necessary to learn to better coordinate the relationship between the employees and departments of the enterprise.

  The car is regarded as the “patent” of men by the society, but Li Ying is known as a rare woman in BMW and the entire automobile agency industry.

She said that the current era of monopoly in the automobile sales industry is over, and only by providing clear and humanized services can agents maintain customer loyalty to the brand and lead the market.

The delicate and meticulous thinking of women is the best “talent” of the military service industry.

  ■ Second entrepreneurship should be “come prepared” Women’s second entrepreneurship should be “come prepared”. This is the advice provided by three successful female entrepreneurs to the latecomers.

  First, adjust your mental state.

Li Ying said that the ratio of women’s second entrepreneurship to the first entrepreneurship should have a qualitative improvement. The key is to figure out what they want to do and what they want.

At the same time, we must be mentally prepared to face pressure and challenges.

  Second, we should be prepared for learning.

Wang Shuqi believes that after the reconstruction of family life, women’s physical knowledge, self-confidence and other essential characteristics for entrepreneurship will be slowly worn away.

She advised women to turn the year before studying and starting a second business into a study, recharge, and slowly recover their state, “co-shooting” with the workplace.

  Third, respect the lifestyle of others.

Li Ying has gone through many processes of starting a business, returning to her family, and starting a second business.

She said that women in careers often do not understand full-time housewives, and housewives also think that career-oriented women have not fulfilled their social responsibilities.

Her biggest experience along the way is that women have no choice whatsoever, and should think that others have a different lifestyle from themselves.

  Finally, learn to arrange the components of family and social roles.

Li Ying suggested that mothers of “career type” learn how to overcome and spend time with their children efficiently in a limited time. The time spent together is not “more” but “fine”.

Teach you how to have the fragrance of Xiangfei

Teach you how to have the fragrance of Xiangfei

The ancients could not derive the mystery of human fragrance.

It is not until modern times that people have discovered that the fragrance of the human body is related to diet, and even the selection of specific foods can be used to transform and brew specific body fragrances.

  Apricot-scented figs, winter melon seeds, poplar bark, and maifanite present manganese, which has a good effect on the beauty and aroma of the human body. Regular consumption can make the body full, the skin white and tender, and the body scent.

For example, winter melon seeds, figs, and poplar peels are jointly researched, and 10 grams of boiled water is taken every night. Over time, the body can have apricot aroma overflow.

  Peach-scented body fragrance Ancient medicine believes that peach blossoms can be “stunning colors”.

Modern pharmacological studies have confirmed that peach flowers contain biological compounds and plant hormones that can promote blood circulation.

The trace iron in peach blossoms is used to make tea with its petals, or made into honey pill after grinding, which is often eaten by young girls, which can make the body emit the aroma of spring peach.

  Jasmine body fragrance “Compendium of Materia Medica” records that jasmine can scent muscles, moisturize and long hair.

Modern pharmacological studies suggest that Lily flower contains essential oils, linalool and other substances, which can inhibit skin pigmentation and activate epidermal cells.

Jasmine contains naphthoquinone. Dry the ground powder of jasmine, and take 5 grams of porridge each time to make the body taste light and glorious.

Eating Black Mikko Black Hair Moisturizes Skin

Eating Black Mikko Black Hair Moisturizes Skin

Black rice, also known as blood tonic, glutinous rice, and black pearl, is a precious rice with many health benefits.

Chinese medicine believes that black rice is flat and sweet, can nourish yin and kidney, nourish spleen and stomach, nourish qi and blood, and nourish liver and eyesight.

Regular consumption of black rice is beneficial to dizziness, dizziness, anemia, white hair, eye disease, waist and knee weakness and so on.

Here are some common dietary recipes for black rice: ● “Three Black” porridge with black rice 50 grams, black beans 20 grams, black sesame 15 grams, walnut kernel 15 grams.

Common porridge and brown sugar seasoning.

  Regular foods can be used to moisturize, moisturize, and nourish the brain, as well as tonicate blood.

Suitable for patients with early whitening, dizziness and anemia.

  ● Black rice Tremella jujube porridge with black rice 100 grams, Tremella 10 grams, 10 jujubes.

Porridge together, season with rock sugar when cooked.

  Can nourish yin and lungs, nourish the spleen and stomach, and can be taken in all seasons.

  ● Black rice lotus seed porridge black rice 100 grams, lotus seeds 20 grams.

Cook porridge together and season with rock sugar when cooked.

  It can nourish yin and nourish the heart, nourish the kidney and strengthen the spleen, and is suitable for pregnant women, the elderly, and those who are physically weak after illness.

  Tip: Black rice must be boiled until cooked.

Because the outer part of black rice is a hard and tough seed coat, if it is not boiled, it will be difficult to be digested and digested by gastric acid and digestive enzymes, which will easily cause indigestion.

Seven strokes to save you and my marriage seven years of itching

Seven strokes to save you and my marriage “seven years of itching”

If time is long meant a train that never derails, the following strategy for marriage life is like making an accurate schedule.

Because a successful marriage does not originate from chance, the so-called seven-year itch is not groundless.
For married men, they need to plan-to live more valuable year after year, not just waiting for happy days.
  Enjoy the first year Newlywed is the most wonderful moment in your life. Married such a lovely woman, what other mood do you have for a 7-year plan?
Say it after this year!
  Hug, kiss, make love.
  第2年制定家规   婚姻中的男女总喜欢用各自的标准要求对方,但奇怪的是他们从未想过制定一个双方都了解和认可的规矩,矛盾也正是从这种互不知情的专制与Produced during the struggle.
  State-owned law, family rules.
In a happy family, rules do not imply restrictions. It is a reminder of the limits of responsibility and the same understanding of things that both parties should bear.
  A married man often encounters this situation. When he blame his wife for not doing well, she either immediately refutes you for some inexplicable reason or whispers in a low voice while hiding his wife., He will immediately turn against each other.
This conflict actually shows a clear disagreement between men and women regarding the same thing.
  In order to avoid these fundamentally unnecessary contradictions and allow future marriages to progress on a well-ordered road, married men must be soberly aware of the significance of family rules.
In the second year of your marriage, after the passion, you need to immediately start working with your wife to formulate a set of internal regulations that are effective and recognized by both parties.
  The contents of house rules should include: 1.

Their respective family responsibilities; 2.
Reasonable use and distribution of family property; 3.
Attitude towards relatives and friends; 4.
Arrangement of respective work.
  第3年确立户主   一家之长的确立绝不是户口簿上第一页的争夺,对每一个已婚男人来说,它象征着一个家庭对内对外的处世态度以及夫妻双方在婚姻生活中的依赖tendency.
Whether it’s you or your wife, the goal is to give your marriage the strongest commitment.
  In real marriage, there is often a clear relationship between the husband and the wife. This master-slave relationship not only represents the existence of most marriages, but also shows the importance of establishing a head of household in the family.
However, this master-slave relationship cannot be simply understood as the question of who has the final say.
  Because according to the existing marriage survey reports, the personality of men and women in marriage mostly appears in a complementary form, which also provides a reliable basis for the existence of the master-detail relationship.
However, the formation of a true master-slave relationship in the family is not such a direct complementarity that can be easily resolved. It still requires men and women to live together for a period of time and find their respective positions from mutual understanding.
  Extroversion, courage, etc. are not prerequisites for establishing a head of household. The key lies in who can and is willing to always bear the major responsibilities or endless chores of a family, and who is more calm and rational in handling matters.
The establishment of the head of the household is actually the establishment of a family relationship, which is an important prerequisite for the balance between men and women.
  第4年预约未来   女人的浪漫从来不会因为年龄的增长而稍有消减,也不会因为婚姻的现实性而放弃,给女人一个远期的梦想并不需要男人付出什么,却能让她们感觉Happiness also makes them more receptive to the faults of men and the inadequacy of men in providing marriage.
  Women are romantic pets, and they are also used to floating on fantasy clouds.
If your energy and resources do n’t allow you to fulfill your promise to a woman, you might as well try to paint your wife a blueprint for the future, just as you described to her how big the wedding will be and how her wedding will bePretty.
You can tell her that you are planning a “second honeymoon” for up to 1 month, tell her that when you get a silver wedding, you will contract the crystal hall of the Wangfu Hotel, and tell her that you will find a small worker to help her with housework when you get a raise.Then she can sit with you for a family dinner in the candlelight . anything, just make her feel romantic and make her believe that tomorrow will be better.
  5th year of self-knowledge After 3 or 4 years of baptism, you have no reason to deduce that you do not understand marriage.
If your expectations can only rest in endless complaints, you must recognise yourself at this time.
You are not a child, all of this is not a child’s play, you need to give a positive answer to accept yourself or transform yourself.
And of course your wife.
  It’s time to ask yourself some realistic questions: What is a happy marriage?
What do you think an ideal marriage should include?
What did you do for your marriage?
What are your dissatisfaction with your marriage?Are you trying to make your marriage happier?

  The bride is your choice. The wedding banquet is your pick. Traveling and getting married is the route you design. Even which lamp should be lit during sex is installed according to your requirements.

You should understand that it is you who jumped on the north train. The cold weather cannot be an excuse for you to escape.

You are a mature married man, you take care of your marriage with due care, and live happily for yourself and your lover.

  Addition, subtraction, multiplication, and division of happiness in the sixth year could not have been adjusted with a ruler, but since many surprising problems can be solved by creatively applying arithmetic methods, there are good reasons for happiness to become equally amazing.

  Speaking of happiness, after 6 years of marriage, you may fall into burnout and even cope with the words “forbearance” from time to time.

But you know what?

Happiness is never simply given by others, and it is impossible to stay with unmotivated people.

Your marriage can be continued happily, but lose your positive motivation because of your inertia.

If you try to treat marriage with “addition, subtraction, multiplication and division”, you may understand that marriage is actually very interesting.

  Addition: New military activities that open up new horizons.

  Remember how your wedding night felt?

Wasn’t that first-time feeling very exciting and memorable?

If the current marriage model makes you tired, why not try something new.

Like having sex in the morning, driving around midnight . everything you want to do is fine.

  Turn restrictions in life into opportunities.

If you feel that something in your marriage is limiting you, and this thing can’t change you can turn passive into active.

  Subtraction: Give up what has become your burden in life and end what you no longer like.

  Allen has lived in the husband’s house since he was married, but he is unable to adapt to the lifestyle and habits there, and often quarrels with his wife for this reason, and later even divorces.

In fact, all he needs to do is move out and live alone.

  Multiplication: Expand contact and contact with others and their surroundings.

  The happiness of marriage is mutual, but the lonely two people world will produce many unexpected contradictions.

What is most needed at this time is to go for a walk, not to be alone like a newlywed.

The outside world is like an oxygenator for a happy marriage. People and life outside can help you determine the true existence of your marriage.

  Divide: Divide your or her responsibilities into more manageable parts, and replace some of them to delegate to others.

  The so-called “living” means, in a sense, making smart choices and necessary compromises.

  When your wife who has been doing housework for 6 years asks you to do some housework, rejection is not a good way.

You might as well do the laundry, pack the room in your name, and then ask the hourly worker to help.

That way you both please your wife and take on moral responsibilities, but at the cost of smoking fewer packs of cigarettes.

  Divide difficult problems into zeros and solve them separately.

Problems in marriage do not occur in January, and it is not realistic to solve them once.

If you have too many responsibilities in your marriage to help you, you may wish to take multiple approaches to solve them.

  A happy marriage varies from person to person, and the path to happiness is different.

If your problem is laziness, boredom or loneliness, it will be scattered through addition and repetition. If you are busy and tired all day long, you can use subtraction and division to improve. The most important thing is to take action.
  Year 7 MPI-Marital Potential Survey has even lived together for 7 years, but you may not know it yet.

There is still a gap between the actual situation of your marriage and the ideal situation that can be expected.

If you can effectively develop the potential happiness drivers in your marriage, you will no longer worry about your current state.

  MPI is also called Marital Potential Survey, it was invented by marriage experts David and Metz.

According to their marriage research for nearly 50 years, 90% of couples have not achieved their potential in terms of family happiness.

It also shows that broken and broken marriages all go their separate ways due to a lack of deeper mutual understanding.As a result, David and Mayes designed MPI to help determine and improve the reality of marriage.

This test is very simple, only the husband and wife need to make estimates based on their feelings and scores on the 10 basic aspects of the marriage.

  1.Common goals and values; 2.

2. Efforts to promote marriage relationships; 3.

Communication skills; 4.

Feelings and understanding; 5.

Constructively treat conflicts between husband and wife; 6.

Consensus on men and women; 7.

Work together and cooperate with each other; 8.

Enriching sexual life; 9.

Use of money; 10.

Educate children (for couples without children, it is how to discuss and resolve issues at home).