Lin Huaimin said goodbye to Autumn Water, leaving Yunmen with the most open future

Lin Huaimin said goodbye to “Autumn Water”, leaving Yunmen with the most open future
Lin Huaimin’s work “Autumn Water”.Photography / Xiao Zhouyi Zhang Cheng stepped down from step to step, looking straight ahead, the curtain slowly fell, only Qiushui remained.Lin Huaimin’s last dance in the Cloud Gate Dance Collection, “Autumn Water” in just 20 minutes, never looked back, but for a long time.With this “Autumn Water” as another era, the aftertaste is long and bright.This time, Lin Huaimin chose “Mirror in the Mirror” by the minimalist composer Avo Pat. The music lines are long and the dancers wander in the meantime.The five female dancers are still the iconic movements of the Cloud Gate. They are frustrated, powerful, and still calligraphic.The soft vibrating arm was like a “Shayannara”.The round field that went back and forth was more like an endless farewell.Suddenly, the dim and fine watermarks turned into the shining waves in the sunlight, and the ambiguity became clear.Lin Huaimin’s work “Autumn Water”.Photography / Xiao Yiyunmen Dance 46 years, whether it is the youth spirit of “Nine Songs” in the early years, or the search for food of “Song of the Wanderer”, or “Water Moon”, “Traveling Grass” and laterIntroverted and quiet, Lin Huaimin and Yunmen Dance Set created an era of modern Chinese dance.The action system evolved from Tai Chi guidance, opera and Neijia fist, coupled with Yunmen ‘s literary background and work ideas, are all rich in oriental flavors, deeply rooted in this land, and no one can out of itright.How many people sighed for Lin Huaimin’s retirement.The aim is to be reluctant, and have nostalgia for Lin Huaimin and his dance world, and become doubtful. It is the uncertainty of the new art director Zheng Zonglong and the future Cloud Gate.Lin Huaimin seemed to answer with this “Exchange Work”, saying goodbye to “Autumn Water” and opening the future with “Multiplication” and “12”.Zheng Zonglong’s “Multiplication” edited by Tao Body Theater.Photography / Xiao Yi is both “Exchange Work”, naturally “Reproduction” edited by Zheng Zonglong for Tao Body Theater and “12” edited by Tao Ye for Yunmen Dance Collection are the main works.This “exchange” is very interesting. The two choreographers in the final work seem to be close to each other. The opening of “Replication” is like a “digital series” of Tao body, but the temperament of “12” is full of thickThe taste of Cloud Gate, even the two composers Lin Qiang and Xiao He, seems to have reached a certain tacit agreement.Zheng Zonglong’s “Multiplication” seems to start from Tao’s body, seeking change in unity, with a strong sense of form and catching people’s attention.Then started, Zheng Zonglong entered his own world, but scattered a bit, until the two dancers finally had the rotation before they came back.Tao Ye’s “12”, the dancers of the cloud gate jumped up and walked like clouds, flowing freely, cruising freely.The cloud gate dancer’s body texture makes every cloud unpredictable, but it goes quietly like a cloud but can’t catch it.These two works have never had the grace of “Autumn Water”.But be aware that Lin Huaimin at their age is not the same as Lin Huaimin today.”12″ edited by Tao Ye for Yunmen Dance Collection.Photography / Xiao Yiyun Gate Dance Collection Standing at an intersection, it seems that we have faced the Martha Graham Modern Dance Company and the Pina Boshi Upatar Dance Theater.Multiple choice questions they must face.Lin Huaimin left the most open future for Yunmen, and he could let the younger generation create freely without dancing his dance.Just like the state he showed in “Autumn Water”, after turning around a thousand times, he never looked back, but stayed in the autumn water for a long time.□ Ni Min (drama critic) He Jian, editor of Sauna Night Network, proofreading Li Shihui

J.J. Abrams collaborates with HBO Max on The Shining spinoff

J.J. Abrams collaborates with HBO Max on “The Shining” spinoff
Sauna Night News On April 17, according to foreign media reports, J.J. Abrams’s bad robot film company will work with Warner streaming platform HBO Max to create three episodes, but the opening date has not been determined.The three dramas are: 1, DC “Dark Justice League” drama.The play has not yet been named, focusing on the characters in the Heizheng universe.The founding members of the Dark Justice League include Mrs. Shangdu, Constantine, Zatana, Dead Man, Changeman, and new members will continue to join.The members of the organization are supernatural heroes who use magic in the DC universe, so they are considered unsuitable for joining the traditional Justice League.The picture comes from the network 2, “The Shining” derivative drama “Yuanwang Hotel”.There are 10 episodes in the play, written by Dustin Thomasson and Scott Brown (“Castle Rock”), focusing on the terrifying story behind the famous horror hotel “Yuanwang”, and the “Spirit》 Many classic characters.Stills of “The Shining”.The picture comes from Network 3, a new play “Dust” (Duster, temporary translation) co-written by JJ Abrams and LaToya Morgan (“The Walking Dead”).The story is set in the southwestern United States in the 1970s. The protagonist is a driver who helps criminals escape. He works for a fledgling criminal group and is involved in dangerous crimes.Sauna Night Editor Xu Meilin proofreading Wu Xingfa

The performance is under pressure, and the Securities and Futures Commission investigates that the road to the resurrection of Huangtai Liquor has become an unpredictable road.

The performance is under pressure, and the Securities and Futures Commission investigates that the road to the “resurrection” of Huangtai Liquor has become an unpredictable road.
The sustainability of Baijiu listed companies continued to improve. As of the close of May 18, 18 of the 19 listed companies have achieved continuous growth. Among them, the growth of Yanghe shares increased by more than 5%, and the growth of willing wine industry exceeded 4%.Liquor giants such as Wuliangye have also achieved a continuous increase of more than 4%, while Maotai achieved a record high of more than 1340 yuan, while gaining a new high in the market, and harvested 2.53% growth rate.In this piece of “bright red”, only Huangtai Liquor is an exception. Until now, Huangtai Liquor is still in suspension, but a piece of corporate stock recovery issued by Huangtai Liquor on the evening of May 14thThe listing application has been replaced by the Shenzhen Stock Exchange (hereinafter referred to as the “Shenzhen Stock Exchange”), which seems to mean that the “life journey” of Huangtai Liquor on the stock market is ushering in a turning point.The twists and turns of the “resurrection” road based on the announcement issued by Huangtai Wine Industry, the Shenzhen Stock Exchange officially announced the application for the resumption of listing of the shares of Huangtai Wine Industry on May 14th, and said that it would do within 30 trading days of the private prosecution applicationWhether to agree to the decision of Huangtai Liquor to resume listing.Although in general, these companies are still able to resume listing smoothly, and there are still uncertainties, but from the feedback of the shareholders learned by Sauna and Yewang, there are still many views that regard this event as good news for Huangtai Wine Industry.Excessive investors said that Huangtai Liquor still has a certain upside potential, and its brand appeal in the northwest market still exists to a certain extent.This positive attitude is to a certain extent inseparable from the performance announcement just released by Huangtai Wine Industry.According to the company’s performance in 2019, after experiencing continuous success, in 2019 Huangtai Liquor realized a turnaround, and the net profit attributable to shareholders of the listed company reached 6821.370,000 yuan, an increase of 171 per year.44%; operating income increased significantly 288.67%, reaching 9904.630,000 yuan.However, the reporter checked the information and found that the amount of Huangtai Liquor’s successive reductions in officials has even exceeded its operating income that year.Among them, the company achieved operating income of 4,760 in 2017.50,000 yuan, the net profit attributable to shareholders of the listed company.8.8 billion yuan; by 2018, the operating income will be reduced to 2548.30,000 yuan, the net profit attributable to shareholders of the listed company can be restored to 9548.150,000 yuan.The insolvent Huangtai Liquor Co., Ltd., while its operating capital is extremely reduced, has to face the violent impact of the tax payment owed by the public security investigation and judicial proceedings by shareholders and suppliers.However, judging from the performance in the first quarter, Huangtai Liquor still faces challenges if it wants to take advantage of the 2019 turnaround.In the first quarter of 2020, under the influence of the new coronary pneumonia epidemic, the performance of the liquor industry generally declined, and Huangtai liquor industry was no exception.In the first quarter, Huangtai’s operating income even realized annual growth.1%, but the net profit attributable to shareholders of the listed company is still reset to 0.85%, maybe 641.60,000 yuan.The net cash flow from operating activities was previously highlighted 4309.69%, a decrease of 1670.60,000 yuan.The complicated judicial disputes in the first quarter have caused the industry to question whether Huangtai Winery can successfully resume listing. At the same time, there are quite a lot of industry views pointing to the reason why Huangtai Winery can get a respite in 2019, but because it has released anyA large number of highly sought-after products, or because of its new controlling shareholder Gansu Shengda Group and shareholders with state-owned background, Huangtai Commerce and Trade, “transfusion” of Huangtai Wine Industry.Sauna and Yewang learned from the Tianyancha platform that Beijing Huangtai Commerce and Trade’s controlling shareholder is Gansu Huangtai Brewing (Group) Co., Ltd., and the company’s controlling party is the Ganzhou Liangzhou District State Assets Administration.In April 2019, Beijing Huangtai Trading will merge 13 shares of listed companies.9% of the voting rights of shares are irrevocably entrusted to Gansu Shengda Group to exercise.In this regard, Gansu Shengda Group became the controlling shareholder of Huangtai Wine Industry.Subsequently, Shengda Group continued to inject assets including industrial land into the newly established Shengda Huangtai Company at the end of 2019.Immediately afterwards, 100% equity of Shengda Huangtai Company was donated free of charge to Gansu Huangtai Wine Industry Brewing Co., Ltd.Judging from the evaluation results of the transaction by Beijing Zhongqihua Assets Appraisal Co., Ltd., the net assets donated this time reached 1.3.9 billion yuan.A top representative said that for a company whose operating income in 2019 is less than US $ 100 million, 1.The injection of net assets of US $ 3.9 billion certainly relieved the insolvency situation of Huangtai Liquor to a certain extent.As a result, due to past management problems and complicated judicial disputes brought about by business breakthroughs, it was restored due to the free capital injection of Shengda Group.Sauna and Yewang found from the Tianyancha platform that from the beginning of January 2020 to the end of April 2020, there were 34 legal proceedings against Huangtai Wine Industry.In particular, the six litigation events announced from the beginning of March to the end of April, except for one of the plaintiffs withdrawing the lawsuit, the remaining several cases ended with the defeat of Huangtai Wine Industry.Among these losing cases, the reasons shown are all securities false statement disputes.Judging from a case decided by the Intermediate People’s Court of Lanzhou City, Gansu Province, Zhang Hui, who was originally called Zhang Hui, told the defendant Huangtai Wine Industry that it suffered losses due to information leakage and violation of laws and regulations.At the same time, the illegal acts of Huangtai Wine Company failing to disclose information according to the regulations shall be compensated to the plaintiff according to law.Although Huangtai Liquor argues that the investment losses incurred by the plaintiff’s purchase of stocks were caused by systemic risks in the securities market, there is no causal relationship between the plaintiff’s losses and Huangtai Liquor’s actions.But in the end, the court still supported the claim of the plaintiff and ordered Huangtai Jiuye to compensate the plaintiff for the loss.The remaining cases are equally similar.Officials of Huangtai Wine Industry have repeatedly noted that the false increase in profits constitutes a false statement, and at the same time compensate investors for losses.In fact, this time, while waiting for the listing application to be resumed, Huangtai Liquor is still waiting for the administrative decision decision of the China Securities Regulatory Commission.It is understood that as early as April 2019, Huangtai Wine Industry has received an investigation notice from the China Securities Regulatory Commission, alleging that Huangtai Wine Industry is suspected of information leakage and violation of laws and regulations, and decided to file an investigation.By March 2020, Huangtai Wine Industry had received the advance notice of administrative litigation issued by the Gansu Supervision Bureau of the China Securities Regulatory Commission.However, Huangtai Liquor said that the company has already submitted the defense materials, and the final result will be subject to the decision on the administrative certification issued by the China Securities Regulatory Commission.Difficult operating pressures While the industry is waiting for the China Securities Regulatory Commission to reorganize how to publish the findings of Huangtai’s wine industry, the continued sluggish operating performance of Huangtai’s wine industry has also clouded the company’s “resurgence road.”Although the performance of Huangtai Liquor has achieved a substantial increase in 2019, especially when the operating income of the liquor segment has increased significantly, the sales expenses have also increased substantially.In addition to the leaders questioning whether it was related to the vigorous blood transfusion of the controlling shareholder, Sauna and Yewang also noted that the sales volume of food and beverage products of Huangtai Wine Industry only increased over the same period of the previous year.In the case of 1%, the inventory has greatly increased by 294.2%.It is not just because of the substantial increase in inventories that has made Huangtai Liquor’s sustainable sales ability doubtful.In fact, whether online or offline, the market performance of Huangtai Liquor is not optimistic.In the Tmall Huangtai liquor flagship store, the product with the highest total sales has only 74 orders, and the latest evaluation is only 12; the total sales of most other products have only hovered between two numbers and evenThree products sold zero in the flagship store of Huangtai Liquor.When the reporter visited the Beijing market, no matter whether it was in a large supermarket or a small cigarette hotel, or even a new place, the wholesale market of small and medium-sized liquor brands in various regions was gathered. No Huangtai liquor products were found everywhere.Figure.The liquor merchants under the cable told reporters that Huangtai liquor products are mainly sold in neighboring provinces and cities mainly in Gansu, and other markets such as Beijing are not the main sales places.However, when an Air Force reporter visited the Xining market in Qinghai, the frequency of Huangtai liquor in the local area was not high.The reporter also saw in the news released by public channels that an article pointed out that the probability of local Huangtai liquor products appearing in Gansu is not as good as in the past. At present, in Gansu province, Jintai liquor and other provincial brands are compared with Huangtai liquor.Products are not strong.From the public data, the gap between Huangtai Liquor and Jinhui Liquor, another listed liquor company in Gansu Province, is widening.In 2019, the operating income of Jinhui Liquor reached 16.3.4 billion US dollars, attributable to the net profit of listed company shareholders.7.1 billion yuan, greatly surpassing the achievements of Huangtai Liquor after turning a loss.While facing competitors in the province, Huangtai Liquor must also face direct competition from regional brands such as Xifeng Liquor from the northwest region, and even large-scale enterprises such as Elite, Qingqing Barley Liquor are trying to encroach on people in the industry believe that the market capacity of Gansu Province is limited. In the high-end and sub-high-end sectors, there are already brands such as Xifeng, Jinhui Liquor, etc., and even Maotai, giants such as Wuliangye have tried to take a slice.As consumption upgrades and the industry tends to be high-end, whether Huangtai Liquor will continue to improve after the achievements in 2019 will be frustrated by the industry in 2020, will determine whether the company will be marginalized next.Sauna, Ye Wang Xu Jingjing Trainee reporter Xue Chen editor Xu Jingjing proofreading Li Ming

[How to cook white porridge is delicious]_How to cook_cooking method

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[Can pregnant women eat beef and mutton]_Pregnancy_Can I eat

[Can pregnant women eat beef and mutton]_Pregnancy_Can I eat

Today, people are experiencing an improvement in their living standards.

Meat is already essential on our daily table.

But we all know that beef and mutton are a type of food.

This means that people who are deadly feared cannot eat beef and mutton.

Because beef and mutton obesity worsens.

Now let’s find out if pregnant women can eat beef and mutton during pregnancy?

First, can a woman eat mutton? A woman can eat mutton, and eating mutton with a woman is great for the body and milk production.

The protein content of mutton is too much, the trace content is increased, and it is also rich in vitamins B1, B2, B6 and iron, zinc, selenium and other elements, which can supplement the nutritional components needed by the human body.

Helps allergic and induce eczema with caution.

Lamb is also the best product for winter tonic. Eating mutton often can nourish qi and nourish qi, promote blood circulation, and enhance cold resistance.

Lamb can also increase digestive enzymes, protect the stomach wall, and help digestion.

Traditional Chinese medicine believes that mutton also has the effects of nourishing blood, replenishing spleen, warming the spleen, replenishing kidneys and aphrodisiac, and nourishing the liver.

It has a good effect on fatigue, thinness, waist and knee weakness, weak spleen and stomach, nausea, nausea, dizziness and eyesight, insufficient kidney yang, deficiency of qi and blood, impotence, cold hemorrhoids, postpartum deficiency and cold, and lack of milk.

Especially suitable for elderly, physically weak men and postpartum women.

Second, the practice of maternal eating mutton 1.

Ingredients for mutton soup: 1,000 grams of mutton, 200 grams of honey, dried rehmannia, return, 200 grams of Sichuan off, 100 grams of Achyranthes bidentata, and 50 grams of Shangbei Mao.

Method: (1) Peel the lamb, remove the fat and fascia, wash and cut into pieces or shreds.

(2) Put mutton, dried rehmannia, return, cut off Sichuan, pregnant with achyranthes, Shang Beimao into the pot, add water and heat for about 10 hours, cook the thick juice, remove the residue and leave the meat, and then add the honey,Boil into maltose and serve immediately.

Efficacy: This soup is warm in taste, disperses cold in the middle, stagnates stagnation, nourishes the yang, warms the kidney and yang, and has a certain effect on the treatment of fatigue and thinness, and no less than milk.

For women with skin dialysis, those who have dry breasts often drink this soup.

Tip: When boiling soup, be sure to keep boiling, otherwise the broth will be light and not milky.

You can add proper amount of sheep suet oil, and make the soup more fragrant.


Angelica mutton soup ingredients: mutton, yam, angelica, wolfberry, spring onion, ginger slices, salt, chicken essence, pepper and other spices.

Method: first mutton ladle water, then peeled yam and cut into pieces; then lamb, yam, angelica, wolfberry, spring onion, ginger slices suitable for water pressure autoclave for 20 minutes, and finally add salt and other seasoningsJust fine.

Efficacy: This soup has a certain nutritional effect, but also has a certain effect in treating diseases.

It can be used to treat postpartum blood deficiency, cold pain in the abdomen, abdominal pain in cold kidney, and deficiency of fatigue.

[Does oysters have the effect of aphrodisiac?]

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鐗¤泿鏄垜浠父鍚冪殑涓€绉嶆捣椴滐紝骞虫椂鐢熸椿褰撲腑閫傚綋鐨勫悆涓€浜涳紝鑳藉鎻愰珮韬綋鐨This is the most important thing in the world: the pick-up tool, the pick-up tool, the pick-up tool, the pick-up tool, the pick-up tool, the pick-up tool, the pick-up tool, the pick-up tool, the pick-up tool, and the hard drive control tool.鎻愰珮鎬ф銆佹彁楂樻€ц兘鍔涙柟闈紝涔熻兘鍙戞尌涓€瀹氱殑鍔熸晥锛屽彟澶栬繕鏈夊緢濂界殑淇濊倽鍒╄儐鐨勪綔鐢紝瀵逛簬瀛曞鏉ヨ锛岄€傚綋鐨勫悆涓€浜涳紝杩樿兘澶熶績杩涜儙鍎跨殑鍙戣偛銆?1銆佹姂鍒惰灏忔澘鑱氶泦 鐗¤泿鎻愬彇鐗╂湁鏄庢樉鎶戝埗琛€灏忔澘鑱氶泦浣滅敤锛岃兘闄嶄綆楂樿鑴傜梾浜虹殑琛€鑴傚拰琛€涓璗XA2鍚噺锛屾湁鍒╀簬鑳板矝绱犲垎娉屽拰鍒╃敤锛屽張鑳戒娇鎭舵€ц偪鐦ょ粏鑳炲鏀惧皠绾挎晱鎰熸€у寮猴紝骞跺鍏剁敓闀挎湁鎶戝埗浣滅敤锛?What is it?You ca n’t do it, you ca n’t do it, you ca n’t do it, you ca n’t do it, you ca n’t do it, you ca n’t do it, you ca n’t do it, you ca n’t do it.眮鐦€绉棁鐨勮壇鑽紱 3銆佷績杩涜儙鍎垮彂鑲?鎵€鍚殑涓板瘜寰噺鍏冪礌鍜岀硸鍏冿紝瀵逛績杩涜儙鍎跨殑鐢熼暱鍙?鑲层€佺煫娌诲瓡濡囪传琛€鍜屽瀛曞鐨勪綋鍔涙仮澶嶅潎鏈夊ソ澶勶紱4銆佽ˉ閽?This is the most important thing in the world: to relieve the peaks, to relieve the peaks, and to reduce the peaks and peaks.鍐呭惛鏀舵椂闇€瑕佺7鐨勫府鍔╋紝鎵€浠ユ湁鍒╀簬閽欑殑鍚告敹锛?5銆佽ˉ琛€ 鐗¤泿杩樺惈鏈夌淮鐢熺礌B12锛岃繖鏄竴鑸鐗╂墍缂哄皯鐨勶紝缁寸敓绱燘12涓殑閽诲厓绱犳槸棰勯槻猫鎬ц传琛€鎵€涓嶅彲缂哄皯鐨勭墿璐紝鍥犺€岀墶铔庡張鍏锋湁娲昏穬閫犺鍔熻兘鐨勪綔鐢紱6銆 侀  閒 姩 呩 夌 圌 ‖ 鍖?You are in the middle of the world. You are in the middle of the chain. You are in the middle of the chain. You are in a new state. You are in the middle of the world. You are in the dark.Ambiguous.The link between the coal and the coal ╄ Sichuan is not so good: the draft is not easy to read: it’s not easy to read it, and it’s not easy to read it.ㄨ 剦 纭  寲 銆?

[Diarrhea as soon as you drink milk]_ diarrhea_ what’s going on

[Diarrhea as soon as you drink milk]_ diarrhea_ what’s going on

Some people have diarrhea as soon as they drink milk. This is very annoying, and they have found out the real cause of their diarrhea. In fact, this is caused by their lactose intolerance in the digestive tract itself.Drinking some sugary drinks can cause diarrhea, so when drinking milk, you can only drink some sugarless ones.

The most common methods to test the absorption of lactose in the digestive system are the lactose tolerance test, the lung breath test, and the stool acidity test.

These tests are for outpatients in hospitals, outpatient clinics and infirmaries.

The lactose tolerance method involves a subject drinking a liquid containing lactose on an empty stomach (without eating).

Blood samples were collected at two-hour intervals to determine the blood’s glucose (glucose) level.

Blood sugar can reflect the body’s ability to digest lactose.

Generally, when lactose reaches the digestive system, it is broken down into glucose and galactose by lactase.

The liver can convert galactose into glucose, which enters the blood and increases the blood glucose content.

If glucose is not completely broken down, the level of glucose in the blood will not increase, so that the body can really cherish the lactose intolerance.

An air breath test measures the amount of carbon dioxide in a person’s breath.

In general, very small amounts of hydrogen can be detected.

However, the digested lactose is fermented by bacteria in the colon, producing various gases, including air.

Air is absorbed into the bloodstream by the intestines, transported to the lungs, and then discharged.

In the test, the patient drinks a glucose-containing beverage and then measures his breathing at regular intervals.

Elevated phosphate levels in the breath indicate that glucose is not well digested.

Because some foods, drugs, and smoking can affect the accuracy of the test, it should be avoided before the test.

This test method can reduce children and adults.

In addition, prescription drugs have a lactose content of more than 20%, and 6% of the drugs can be purchased directly.

Many types of contraceptive pills contain lactose, and some substitutions for stomach acid and bloating also contain lactose.

However, these products only affect those who have severe lactose intolerance.

Milk is one of the most complete nutritional foods. The main glucose in milk is lactose. Under normal circumstances, these lactose should be absorbed into the blood and absorbed into the blood by the action of lactase in the human body.

However, many people, due to the lack of this enzyme in the body, often cause lactose indigestion with milk, and symptoms such as bloating, bowel sounds, acute abdominal pain and even diarrhea are called lactose intolerance.

People with lactose intolerance lactose intolerance is a multiple disease worldwide. The susceptible people have the following conditions: (1) Adults mainly due to genetic reasons, lactase in the body begins one year after birth.attenuation.

(2) It is a congenital disease.

Infants lack lactase activity in their bodies at birth, which can cause severe gastrointestinal disorders.

(3) Low lactase activity in infants due to premature delivery.

(4) In children with severe caloric value absorption disorders, their lactase activity will temporarily disappear within a period of time.

(5) Due to surgery and other reasons, intestinal mucosal damage is caused, and lactase activity will temporarily disappear.

[How is the pork loin fried delicious?】 _How to do_How to do

銆 愮 尮 尳 埳埳 宝 啞 掣 掑 ソ 钖 囿 銆 抆 曱 宝宝 傘 備 傘 傡 傘 傡 傍 傍 鐍 鐍 悍 傍 傍 傍 傍 揍 鍍 How to prepare a pot?
閮借鐚韩涓婇兘鏄疂锛屽叾瀹炶繖涓嶄粎浠庡尰瀛︽柟闈㈡潵璇达紝鏇存槸浠庨ギ椋熸柟闈㈡潵纭畾鐨勩€傜尓鑲夊ぇ瀹堕兘鐭ラ亾锛屾槸椁愭涓婃渶甯歌鐨勮倝绫伙紝鑰岀尓鎵嬨€佺尓澶翠互鍙婄尓鑰虫湹绛夌瓑锛屼You are the only one who can stolen Ning Ge, who is the only one who can stolen Ning Ge  啯 嗯  鐗 ╋ 纴 夶 撶 咧 撩 揩 菷 鎷  尓 難 駳 図 囏 像 像 焏 像 像 像 焏 像规硶鐨勶紝閭d箞鐚叞鑺卞埌搴曟€庝箞鐐掓墠鏄渶濂藉悆鐨勫憿?鍋氭硶涓€鍘熸枡锛氳叞鑺?鍧椼€佹磱钁变竴涓€侀潚妞掑嚑涓€傚仛娉曪細姝ラ1锛氱尓鑵版礂鍑€闄ゅ幓鑶滐紝鍘绘帀鐧借壊鐨勭瓔锛屽垏鎴愯叞鑺?鎶 充 呞 鑺 Discriminate dance “湪 娓 呮 Click to read?唷 皲 嚑 琪 掕 姳 女?10鍒嗛挓杩欐牱锛岄櫎鍘昏噴鍛炽€傛楠?锛氭磱钁憋紝闈掓鍒囧潡锛岀劧鍚庨攨涓簳娌癸紝鍏堢垎涓嬫磱钁遍潚妞掋€傛楠?Adorable.钂滅墖銆€钁辨锛岀垎鐐掕叞鑺便€傚湪鐖嗙倰杩囩▼涓斁閫傞噺鏂欓厭锛屽鏀句簺閰辨补銆傜劧鍚庢妸閰嶆枡涔熸斁杩涘幓鐐掞紝鍔犱簺绯栵紝鐩愶紝鍕句釜鑺″氨鍙互涓婄浜嗐€?沭 氭 浜 浜?What are you talking about? What are you doing? Can you tell me what you want to do?)涓€瀹氳灏嗙尓鑵板墫寮€锛屽皢鍐呴儴鐨勭櫧鑹茶剛鑲幓闄ゃ€?)蹇呴』缁忚繃鐒儷鐨勬楠ゃ€?What are you talking about? What are you talking about?Crazy, curious, advocating, arguing, arrogant, exaggerating, arrogant, cautious, cautious, cautious, cautious, cautious, cautious, frustrating, and frustrating?”Are you in trouble?” “I don’t know how to do it.” Do you want to talk to each other? Do you want to talk to each other? Do you know how to do it?€?锛岃繖鏄竴閬撴€ョ伀蹇倰鐨勮彍锛屽洜姝ゅ缓璁ぇ瀹舵彁鍓嶉厤濂芥枡姹侊紝鍚﹀垯涓€鏍锋牱鐨勬斁锛屾椂闂村お闀匡紝涔熶細鏄叞鑺卞彉鑰併€?5锛屾枡姹佷腑鏈夋按娣€绮夛紝鍥犳寰堝鏄撴矇娣€锛屾斁閿呴噷鍊掓枡姹佸墠锛屼竴瀹氳寰楀啀灏嗘枡姹佹悈鎷屼竴涓嬨€?

New City Holdings (601155): Performance sales continue to increase rapidly, residential commercial double contribution

New City Holdings (601155): 北京夜生活网 Performance sales continue to increase rapidly, residential commercial double contribution

Event: The company achieved operating income of 541 in 2018.

30,000 yuan, an annual increase of 33.

6%, net profit attributable to shareholders of listed companies.

USD 900 million, a year-on-year growth of 74%, which is in line with the growth limit of emerging market performance forecast, and the basic growth income4.

69 yuan / share, the company intends to pay a cash dividend of 15 yuan for every 10 shares, and the dividend rate reaches 32%.

The high growth of net profit attributable to mothers was in line with expectations, and the non-recurring profit and loss contribution rate reached 42%. In 2018, the company achieved operating income of 541.

30,000 yuan, an annual increase of 33.

6%, net profit attributable to shareholders of listed companies.

9% 10%, a year-on-year growth of 74%, in line with the upper limit of the upstream performance forecast.

The company’s 18-year non-recurring profit and loss reached 28.

95 million, a sharp increase of 181 previously.

9%, contributing 41 to the increase in net profit attributable to mothers.


The highest proportion of non-recurring gains and losses is the change in fair value of investment real estate (28.

700 million), accounting for 76% in the non-recurring profit and loss subtotal without considering income and minority shareholders’ profit and loss.


Investment income of joint venture rotor companies (6.

800 million) accounted for a higher proportion, reaching 18 in the current period.

1%, stemming from 8 business combinations not under common control that occurred during the period.

In 18 years, the company’s net profit after deducting non-attributed mothers increased by 51 each year.


The ratio of net profit after deduction to non-motherhood to net motherhood is 72.

4%, a decrease of 11 from last year.

4 units.

In addition, the company has realized long-term equity investment income calculated by the equity method for 18 years.

100 million US dollars (excluding non-recurring gains and losses), an annual increase of 566.

7%, the contribution rate to the return of net income to mother is about 19.


The company’s contractual debt is 1182.

3 ‰, about 2 in the same period last year.

3 times, is 2 of 18 years of operating income.

2 times, rich settlement resources in the future, which is a worthy foundation for the sustained and stable growth of performance.

High sales growth. The sales target for 2019 is 270 billion. In 18, the company achieved a contracted area of 1812.

0.6 million square meters, an increase of 95 per year.

21%; the contracted amount is 22.11 million yuan, an increase of 74 each year.

82%, 23% over the completion of the sales target of up to 180 billion US dollars, the proportion of residential sales and commercial real estate sales were 75.

2% and 24.
8%; signing average price 12201.
5 yuan / square meter, down 10 from last year.

4%, always because the company’s business accounted for the highest proportion of sales in second-tier and third- and fourth-tier cities fell.

According to the company’s business plan, the company’s sales target for 2019 is 270 billion, an increase of 22 from the previous 18 years.


While actively expanding the land reserve, it has well controlled the cost of land acquisition over the past 18 years and the ratio of land area to sales area was 263.

4%, the proportion of land acquisition amount to sales amount is 50.

At 3%, the company is still in a modest expansion.

In 18 years, the company increased the land reserve area by 4,473.

240,000 square meters, the first, second, third and fourth lines account for 0.

4%, 11.

8% and 87.

From the perspective of geographical distribution, the company continued to sink to the Yangtze River Delta, and at the same time, it entered the Bohai Rim and the central and western regions.

While the company continued to expand its land reserve, it controlled the cost of land acquisition and supplemented the land price of 1,112.

1.7 billion, an increase of 24 every year.

5%; average floor price of 2330 yuan / square meter, a year down 26.


The ratio of the average land price to the average sales price was 19.

1%, the cost of land acquisition is the lowest.

Investment suggestion: Company performance and continuous high growth in sales. The sales target for 2019 is 270 billion, corresponding to a growth 厦门夜网 rate of 22%. Advance receipts are increasing and reaching 2 in operating income.

2 times, rich settlement resources in the future, which is a worthy foundation for the sustained and stable growth of performance.

The company has both growth and value, and is a new leader in quality. The company’s launch of repurchases demonstrates confidence. We have reduced the company’s net profit from 127 to 19-20 years.

4 billion, 163.

700 million is raised to 136.

700 million, 181.

600 million, we expect the company’s EPS in 19-21 will be 6.

06, 8.

05, 10.

59 yuan, corresponding to the current total PE is 5.

67X, 4.

27X, 3.

25 times, maintain “Buy” rating.

Risk reminder: Sales in third- and fourth-tier cities have fallen more than expected, and the company’s financing costs have risen

Hongfa (600885): Performance growth in line with Shen Wanhongyuan’s expectations The power and automotive industries are the key directions

Hongfa (600885): Performance growth in line with Shen Wanhongyuan’s expectations The power and automotive industries are the key directions

Event: The company released the third quarter report of 2019, and the company achieved operating income in the third quarter.

41 ppm, an increase of 2 per year.

54%; net profit attributable to mothers2.

10,000 yuan, a decrease of 9 a year.

06%; the company achieved operating income of 51 in the first three quarters.

48 ppm, an increase of 1 per year.

87%; realized net profit attributable to mother 5.

5.6 billion, a decrease of 5 per year.


The performance growth rate was in line with Shen Wanwanyuan’s expectations.

Investment 杭州桑拿网 points: The growth rate of performance is in line with Shen Wanhongyuan’s expectations, and the currency funds in hand have increased significantly.

The company achieved operating income of 51 in the first three quarters.

48 ppm, an increase of 1 per year.

87%; realized net profit attributable to mother 5.

5.6 billion, a decrease of 5 per year.


The main reasons for the change in performance are: 1) High-voltage DC relays, power relays, industrial control relays, signal relays, low-voltage switches and other sectors have maintained rapid growth; 2) General-purpose relays and automotive relays are facing sales pressure.

Affected by sales rebates, collection discounts and restructuring returns, the company achieved net cash flow from operating activities in the first three quarters.

53 trillion, compared with 2 in the same period last year.

710,000 yuan, an increase of 471 in ten years.


As of the end of September 2019, the company has monetary funds in hand16.

76 million, a year-on-year increase of 150%.

Power relays benefit from the smart meter replacement cycle, and Indonesian plants are put into production to accelerate overseas market development.

Domestically, the bidding volume of State Grid electricity meters has begun to recover from the second half of 2018. Internal bidding in 2019 is expected to reach 73.91 million units, an annual increase of 37%.

The company’s main product, the magnetically held relay, has a share of more than 60% on the State Grid, and it is expected to continue to benefit in the next two years.The first overseas factory was officially put into production in Indonesia in early August, which is expected to further enhance the company’s overseas competitiveness of power relays and accelerate overseas market development.

High-voltage DC products have been successfully certified at home and abroad, and have quickly entered the new energy vehicle market.

The company’s high-voltage DC relays occupy about 40% of the domestic market. Customers include BAIC, BYD, and Ningde Times. They have obtained major projects such as Land Rover, Porsche, Volkswagen MEB, Mercedes-Benz, Ford, Tesla, Samsung batteries in overseas markets.Vendor-specified certificate.

The company has entered the supply chain of Tesla, Mercedes-Benz and Volkswagen, and is currently the main supplier of Volkswagen’s MEB platform. It has begun to supply pre-charge relays to Tesla in small quantities.

As the export-oriented export-oriented enterprise with the largest relay output in the world, the company is expected to benefit from the rapid growth of the new energy automobile industry.

In terms of traditional automotive relays, the company focuses on the R & D and production of high-current PCB automotive relays (replacement of plug-in automotive relays). It is expected to be replaced and increased in large scale in 2022.

Maintain the profit forecast unchanged and maintain the “overweight” rating: we estimate that the company’s net profit attributable to the parent in 2019-2021 will be 7, respectively.

8 million yuan, 7.

8 billion and 8.

97 ppm, corresponding EPS is 0.

95, 1.

05, 1.

20 yuan / share, the current expected PE is 27, 24, 21 times, maintaining the “overweight” level. Risk warning: State Grid smart meter bidding progress is not as expected; the promotion of new energy vehicles is less than expected.