[Does American ginseng and carrots interact?]_ Gun Xun_is it relative?

銆愯タ娲嬪弬鍜岃儭钀濆崪鐩稿厠鍚椼€慱鐢樿崁_鏄笉鏄浉鍏?
The backpack, the umbrella, the umbrella, the ball, the board, the board, the board, the board, the board, the board, the board, the board, the board, the board, the board, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, the box, and the box.The chains are very sloppy, sorry, sorrowful, sorrowful, sorrowful, sorrowful, sorrowful, sorrowful, sorrowful, sorrowful, sorrowful艰嚧浜哄悆浜嗕細鏈夌敓鍛藉嵄闄┿€傝儭钀濆崪閲岄潰瀵屽惈涓板瘜鐨勭淮鐢熺礌锛屼汉浠悆浜嗚兘澶熻ˉ鍏呭ぇ閲忕淮C锛岄偅涔堣タ娲嬪弬鍜岃儭钀濆崪鐩稿厠鍚?I’m so sorry! Jane Nauder, I’m worried!Sorry, cowardly?鍐护杩涜ˉ锛屽鏁颁汉閮戒細閫夋嫨鑶忔粙鑽€傝€屽湪鏈嶇敤鑶忔粙鑽殑鍚屾椂锛屼篃鏈変笉灏戠殑楗 綸 乸: Ammonia chains and fine chains, and drills, and drills, and chains, and chains, and chains, and chains, chains, and chains.鍙傦紝浼犵粺涓尰璁や负鏈嶄汉鍙傚繉椋熻悵鍗滐紝鍏舵牴鎹槸浜哄弬琛ユ皵锛岃悵鍗滄秷姘旓紝浜岃€呭悓椋熶細娑堣В浜哄弬鐨勮ˉ鐩婂姛鏁堛€備汉鍙傝悵鍗滃彲浠ュ悓椋熴€傛湇浜哄弬蹇岄钀濆崪婧愪簬浣?璇磋捣浜哄弬钀濆崪鐩稿繉鐨勫師鍥狅紝浜哄弬鍚冧簡鏈夊彲鑳戒細浜х敓鑳€姘旇繖绉嶅壇浣滅敤锛岃繖鏃跺氨鍙互鐢ㄨ悵鍗滄潵閫氭皵锛屽叾瀹炵敤鐧借眴钄汇€侀湇棣欐姘旀暎涔熻锛屼汉鍙備笌闇嶉姝f皵鏁c€佺櫧璞嗚敾鏄笉绂佸繉鐨勶紝鐢ㄨ繖浜涢€氭皵鐨勪笢瑗挎槸涓轰簡瑙e喅浜哄弬鐨勫壇鍙嶅簲锛屽苟涓嶆姷娑堝畠鐨勫姛鏁堬紝鎵€浠ラ鐢ㄨ悵鍗滀篃骞朵笉浼氭姷娑堜汉鍙傜殑鍔熸晥銆傛渶杩戠殑鐮旂┒缁撴灉鏄剧ず锛屼汉鍙傛墍琛ョ殑鏄汉浣撲腑鐨勫厓姘旓紝鍏冩皵鍒欐槸浜轰綋鐢熺悊娲诲姩鐨勫熀鏈姛鑳?钀濆崪娑堟皵锛屾寚鑳冭偁娑堝寲涓嶈壇鎵€浜х敓鐨勮儉姘斻€傜幇浠h惀鍏诲鐮旂┒璇佸疄锛岃悵鍗滃惈涓It ‘s very stable and beautiful. It ‘s a patent. It ‘s a patent. It ‘s stupid. It ‘s set up. It ‘s a flag. It ‘s a good idea.The result is that the effect of the Chinese version of the ad hoc chain is thin, and the chain is made of silicon, honey, bees, and bees, and it ‘s very difficult to get around. It ‘s not a good idea. It ‘s a plastic chain. It ‘s a chain of things.I am sorry for you: the best way to do it is: the best way to do it, the best way to do it, the best way to do it, the best way to do it, the best way to do it, the best way to do it, and the best way to do it.婃垚鍒嗙殑鍚告敹銆傚洜姝わ紝鍚屾椂鍚冧汉鍙傘€佽悵鍗滃ぇ鍙笉蹇呮媴蹇с€?

[How to make cocoa butter pastry cake rolls]_Home made cocoa butter pastry rolls_How to make cocoa butter pastry rolls_How to make cocoa butter pastry rolls

[How to make cocoa butter pastry cake rolls]_Home made cocoa butter pastry rolls_How to make cocoa butter pastry rolls_How to make cocoa butter pastry rolls

For the woman he loves, should you learn to make some decent food?

The answer is definitely yes.

Therefore, now I will first introduce the practice of cocoa butter pastry rolls.

1.

Egg white and yolk isolated 2.

Add 35g of fine granulated sugar to the 12 egg yolks and beat with an egg beater until foaming, then add water, salad oil, and stir evenly.

21 Sift the low-gluten flour 4 into the yolk paste.

12 Stir well 5.

Add 21 granulated sugar in two portions and beat until wet foaming 6.

1Pour the batter back into the remaining two-thirds of the protein and turn into a paste.

2 Take enough beaten protein, add in egg yolk paste and mix well.

1 Expand the neatly divided small dots 9 on the baking sheet covered with oil paper.

2 Take a small portion of batter and insert it into the inlaid flower bag, and cut a small opening 11 with sharp corners.

Sift cocoa powder into the remaining egg yolk paste and turn into a uniform cocoa batter12.

Pour the cocoa batter into a small baking pan and smooth the surface of the cake batter with a spatula.

Pick up the baking sheet and shake out large bubbles 14.

Immediately bake the baked cake pieces on the drying rack to prevent shrinkage, tear off the oily paper while it is hot, and then cover it back to prevent cracking15.

Pour the whipped cream into a clean bowl and add the sugar 16.

Beat with a whisk to cream 18.

Spread whipped cream on the cake base 19.

Roll it up slowly, put it on both sides and refrigerate for 1 hour to set it up. After cutting it off, you can accept the detailed method of watching the cocoa butter pastry rolls. Are you aware of it?

Then, please use your amateur practice to start the actual combat.

Believe that with your ingenuity, it doesn’t take long to make this dish.

[Can you eat garlic with high blood sugar]_Garlic_High blood sugar_Can you eat

銆 愯  瑆 揭 摮 鑳 By 撆 滂 撃 悧 銆 抶 擏 _ As for the Hao Yi  Fei 抹 泳 borrowed to help?
琛€绯栭珮鍜屼汉浠殑楗鏈夊緢澶у叧绯伙紝鐜颁唬浜哄緢澶氱梾閮芥槸鍚冨嚭鏉ョ殑锛屾墍浠ラ珮琛€绯栨偅鑰呯殑楗瑕佸挨涓烘敞鎰忋€傚ぇ钂滄帓姣掓晥鏋滃ソ锛屽浜庡緢澶氫汉鏉ヨ鍏荤敓鏁堟灉闈炲父濂姐€備絾鏄浜庤绯栭珮鐨勪汉鏉ヨ鑳藉悆钂滃悧锛?1.琛€绯栨槸浜轰綋鎵€闇€鑳介噺鐨勮仛鏁e湴锛屼絾琛€绯栧€煎亸楂樺嵈璁╀汉浠湁鎮g硸灏跨梾鐨勫嵄闄┿€傚ぇ钂滄湁寰堝ソ鐨勯檷琛€绯栦綔鐢紝澶ц挏鍏锋湁鑹ソ鐨勬潃鑿屻€佹姉鐥呮瘨銆佹姉鐐庛€佹秷鑲跨槫銆侀檷琛€鑴傘€佷繚鎶よ绠°€佷繚鑲濈瓑浣滅敤銆傛墍浠ヨ涓嶄粎鍙互鍚冿紝鍙嶈€岃繕鑳介檷琛€绯栥€?2銆佽栭珮镄勪や笉や笉挏锛屼粬浠悆澶韩韩韩韩韩韩浠悆澶ц挏浠ュ悗鍙互璋冭妭浜轰綋琛€娑蹭腑鐨勮憽钀勭硸鏁伴噺锛岃鍗囬珮鐨勮绯栭檷浣庝笅鏉ワ紝鍙﹀澶ц挏杩樿兘娑堢値鏉€鑿岋紝棰勯槻澶氱鐤剧梾鐨勫彂鐢燂紝瀵逛汉浠洜涓鸿绯栬繃楂樿€屽彈鎹熺殑韬綋鍏嶇柅鍔涗篃鏈夊緢濂界殑鎭㈠浣滅敤銆?3銆佽绯栭珮鍚冨ぇ钂滆兘棰勯槻绯栧翱鐥呭苟鍙戠棁锛岃绯栭珮杈惧埌涓€瀹氱殑鏁板瓧浠ュ悗灏变細鏄硸灏跨梾锛岃繖绉嶇柧鐥呬細璁╄韩浣撳绉嶅櫒瀹樺彈鎹燂紝鍔熻兘鍑虹幇閫€鍖栵紝杩欏氨鏄汉浠父璇寸殑绯栧翱鐥呭苟鍙戠棁锛岃繖鏃跺鍚冧竴浜涘ぇ钂滐紝灏辫兘鍑忓皯骞跺彂鐥囩殑鍙戠敓锛岀壒鍒槸楂樿鍘嬨€佸績鑴忕梾浠ュ強鑲捐剰鐤剧梾绛夛紝閮借兘鍦ㄩ鐢ㄥぇ钂滀互鍚庯紝璁╁彂鐥呯巼鏄庢樉鍑忓皯銆?TOWER Ci  Fei tree mushroom Pei Feijuehanti Yui Yi Right- mutual Elsie Fujio ぇ 钂 off Qing Benanuujuan coax ぇ 钂 Chufufeifan ぇ 钂 Mieleixiawu Na Nuohonglaoyun  Qi Jianglingtulu engWhat is the difference between the Chinese and the Chinese horoscopes? The rainbow is covered by the slabs of the earth. It’s a bit of a sorrow. It’s a lot of troubles. Do you want to know how to do it?变細璁╄娑蹭腑鐨勮绯栨寚鏁颁笅闄嶏紝鍥犳琛€绯栭珮鐨勪汉缇ゅ彲浠ユ斁蹇冮鐢ㄥぇ钂滐紝涓嶄細鍑虹幇璁╄绯栧崌楂樼殑鐥囩姸銆?

[How to make assorted rice cakes with leftover rice]_Homemade methods of assorted rice cakes with leftover rice_How to make assorted rice cakes with leftover rice_How to make assorted rice cakes with leftover rice

[How to make assorted rice cakes with leftover rice]_Homemade methods of assorted rice cakes with leftover rice_How to make assorted rice cakes with leftover rice_How to make assorted rice cakes with leftover rice

You should be very tired after going to work for five days a week.

On the weekends, you must be curled up on the sofa.

In bed, lunch or dinner is either instant noodles or takeaway.

Do you really not worry about Ying Nian’s early death?

So, while you are not sick, quickly learn to cook something.

Now, I will teach you how to make assorted rice cakes with leftover rice.

1.

1 Add green beans, chicken intestines, shallots and eggs to the rice, season with salt and pepper powder.

2.

2 Prepare the green beans, chicken sausage, spring onion, eggs, and leftover rice.

3.

Stir the ingredients evenly.

4.

Heat the oil in the pot.

5,

Put a tablespoon of the stirred rice in the pot, spread the rice into a pie shape, fry over low heat until golden brown, then turn over and fry.

6.

Fry both sides of the rice cake to golden brown and serve.

The full absorption of nutrition is, of course, inseparable from delicious food.

So Xiaobian’s leftover rice assorted rice cake introduced to you today is a relatively comprehensive practice and relatively simple, friends who like to cook, hurry up and try it.

[Can pineapple lower blood sugar?】 _ 黄梨 _How to drop

銆愯彔钀濊兘闄嶈绯栦箞锛熴€慱榛勬ⅷ_鎬庝箞涓嬮檷
Sorry, you will be able to listen to the latest version of the song, and then click on the link to get started. The link will be made of silicon, and you will be able to see if you can get it done.湁閮ㄥ垎鏈嬪弸璁や负鑿犺悵鐨勭硸鍒嗘瘮杈冨锛屽苟涓嶉€傚疁楂樿绯栨偅鑰呴鐢ㄣ€傝彔钀濅腑鍚湁涓板瘜鐨勬鐗╃氦缁达紝瀵逛簬鎺у埗韬綋鐨勮绯栨槸鏈夊緢濂界殑鏁堟灉锛屾墍浠ラ€傞噺鐨勯鐢ㄨ彔钀濇槸鍙互鏈夐檷琛€绯栫殑鍔熸晥銆?鑿犺悵 鑿犺悵鎬у懗鐢樺钩锛屽叿鏈夊仴鑳冩秷椋熴€佽ˉ鑴炬娉汇€佹竻鑳冭В娓寸瓑鍔熺敤銆傝绯栭珮鍚岧 粈 栔 堟 Press 揋 滃 ソ?鑿犺悵涓墍鍚硸銆佺洂绫诲拰閰舵湁鍒╁翱浣滅敤锛岄€傚綋椋熺敤瀵硅偩鐐庯紝楂樿鍘嬬梾鎮h€呮湁鐩婏紝鑿犺悵涓殑鑶抽绾ょ淮锛屽彲浠ヤ績杩涙帓渚裤€傝彔钀濈殑鐢熺硸鎸囨暟涓轰腑绛夛紝鑳芥敼鍠勯鍚庤绯栨按骞筹紝鍑忓皯绯栧翱鐥呮偅鑰呭鑳板矝绱犲拰鑽墿鐨勪緷璧栨€э紝骞跺彲澧炲姞楗辫吂鎰熴€傝彔钀濋櫎涓€鑸殑鍘荤毊銆佺洿鎺ラ鐢ㄧ殑鏂规硶涔嬪锛岃繕鍙互姒ㄦ眮锛屼互鍑夊紑姘磋皟鏈嶏紝浠h尪楗€傚鍙e共銆佸彛娓淬€佹帓灏挎贩娴婄殑绯栧翱鐥呮偅鑰呭緢鏈夋晥鏋溿€傝彔钀濆瘜鍚淮鐢熺礌B1锛屽棰勯槻鍥犵硸灏跨梾寮曡捣鐨勫懆鍥寸缁忕梾鍙橀潪甯告湁鍒┿€傝彔钀濅腑鍚湁涓€绉嶈彔钀濇湂閰讹紝鑳藉垎瑙d汉浣撴憚鍏ョ殑杩囧铔嬬櫧璐ㄣ€傝彔钀濇湂閰惰繕鍙憾瑙i樆濉炰簬缁勭粐涓殑绾ょ淮铔嬬櫧鍜岃鍑濆潡锛岃兘鏀瑰杽灞€閮ㄨ娑插惊鐜紝娑堥櫎鐐庣棁鍜屾按鑲裤€?Ku Kuang Kuo?You are not the only one who has captured the captives, and you are the captives. You are the only one who is in the chain. You are the only one who is in the air. You are not here. You are not here.粬钀ュ吇绱狅紝鍦ㄦ棩甯哥敓娲讳腑閫傞噺椋熺敤鍙互璧峰埌骞宠 楗鐨勪綔鐢ㄣ€傝绯栭珮鍚冧粈涔堟按鏋滃ソ?You can’t read it, you can read it, you can read it, you can see it, you can find it here, you can find it here, you can find it here, you can find it here.It’s very hot, and it’s very rugged, so it’s hard to find it, it’s very difficult to find it, it’s very interesting.The key is stolen, the rainbow is stolen, the hero is surviving, the effect is stolen, and the effect is stolen. It ‘s a good idea. It ‘s easy to read. It ‘s so easy to read. It ‘s very rare.娲绘€э紝瀵瑰钩琛¤绯栧ぇ鏈夎(鐩娿€傜寱鐚存涓殑缁寸敓绱燙鏈夊姪浜庣硸灏跨梾澧炲己鎶楁劅鏌撶殑What are you talking about? How about you? How about you? How about you? How about you?鐭虫Υ 鐭虫Υ鍛崇敇閰告订,鎬ф俯锛屽綊鑲恒€佸ぇ鑲犵粡锛屽叿鏈夌敓娲ユ娓淬€佹潃铏箣鍔熸晥,锛岀敤浜庡捊鐕ュ彛娓存樉钁椾箣楂樿绯栧吋鏈夎櫕绉箣鎮c€傝绯栭珮鍚冧粈涔堟按鏋滃ソ?鐭虫Υ涓惈鏈夐摤鍏冪礌锛岄摤鍦ㄧ硸鍜岃剛鑲殑鏂伴檲浠h阿涓捣鐫€閲嶈浣滅敤锛屾槸钁¤悇绯栬€愰噺鍥犲瓙鐨勭粍鎴愭垚鍒嗭紝鏈夌泭浜庣硸灏跨梾鎮h€呫€傚悆瀹岀煶姒村悗锛屽皢鐭虫Υ鐨礂鍑€銆佹檼骞诧紝鑷埗鎴愮煶姒磋尪銆傚绯栧翱鐥呮偅鑰呮潵璇达紝鐭虫Υ鑼舵槸涓€绉嶉潪甯哥悊鎯崇殑楗搧銆傚悆瀹岀煶姒村悗锛屽皢鐭虫Υ鐨礂鍑€銆佹檼骞诧紝鑷埗鎴愮煶姒磋尪銆傚绯栧翱鐥呮偅鑰呮潵璇达紝鐭虫Υ鑼舵槸涓€绉嶉潪甯哥悊鎯崇殑楗搧銆

[Homemade Korean BBQ]_Production Method_Homemade Practice

銆愯嚜鍒堕煩寮忕儰鑲夈€慱鍒朵綔鏂规硶_瀹跺父鍋氭硶
Suigaojunchan у Shi ㄧ boil raw silk wide ╁ Aofeijuanlu Liantangshiwen Julimeiyun  wide ╁ Qiao Juan  Jiduanbaobang Fuhongsafei Dan Fanliaotaiwei Xiangsuihunliao Luorenyuewu笖鑷粠闊╁紡鐑よ倝浼犱腑鍥戒互鏉ワ紝涔熷彈鍒颁簡鍚勪釜骞撮緞闃跺眰涓嶅悓浜虹兢鐨勬杩庛€傚悆闊╁紡鐑よ倝鐨勬椂鍊欎篃闇€瑕佽樃鏂欙紝鍏朵腑浜旇姳鑲夋槸蹇呬笉鍙皯鐨勶紝涓€绉嶆槸鍥犱负鐑よ倝鐨勬椂鍊欐湁浜旇姳鑲夋墠浼氳浜哄悆寰楃埥蹇€傚鏋滆嚜宸卞湪瀹堕噷鍒朵綔闊╁紡鐑よ倝鐨勮瘽锛屽埗浣滄柟What is it?Bang Bang embellishment?00 鬏 嬶 庲 嬭 懕 鍗 擗 集 銆 佸 ぇ 钂?鐡c€佺儰鑲夐叡銆侀夯娌广€佺櫧绯栥€佺敓鎶介€傞噺銆佺敓鑿?The following is a list of the most important issues: the weak and the weak, and the weaker, the harder, the harder, the harder, the harder, the better.錒 鍒 啩 啩 啷 啷 呆呆 呆 姌 姖 厖厖  纴 纴 掑 叆 描 戣 Hazel 获 屷 屷 哽 银 囶 囩 南 鍗 雲雲 凤凤 雤 咤 凤 咤 凤 咤 凤 咤 凤 咤 凤凤 咤 凤 咤In the real world, in the real world, the forging pot is forged, and the pot is argon, and it’s awkward. It ‘s very broad. It ‘s so simple. It ‘s very simple.屽鏋滃閲屾病鏈変篃鍙互鐢ㄨ眴鐡i叡锛屽懗閬撲篃寰堝ソ)锛屽€掑叆閫傞噺鐢熸娊銆侀夯娌瑰拰鐧界硸锛岃皟鏂欑殑閲忚鏍规嵁鍘熸潗鏂欑殑澶氬皯鍜屼釜浜哄彛鍛抽€傚綋璋冩暣锛岀劧鍚庣敤鎵嬫姄鍖€;3銆佸皢鑲夌墖涓€鐗囩墖鏁撮綈鍦版憜鍏ョ洅瀛愪腑锛屽皢娲嬭懕鍜屽ぇ钂滄磼鍦ㄨ倝鐗囦笂鐩栦笂瀵嗗皝鐩栵紝鏀惧叆鍐扮鑵屽埗2灏忔椂浠ヤ笂锛屼娇娲嬭懕澶ц挏鍛抽亾浠ュ強璋冩枡鍏呭垎鍦版笚銆I ‘m going to talk about it; I ‘m going to talk about it, I ‘m going to talk about it, I ‘m going to talk about it, I ‘m going to talk about it.In the end, there is a lot of troubles in the world, and it is said that the country is in trouble, the country is in trouble, the country is in trouble, the country is in trouble, the world is in trouble, the world is in trouble鎽嗕笂锛屽彲浠ョ洊涓婇攨鐩栧皬鐏儤鐑わ紝涔熷彲浠ヤ笉鐩栭攨鐩栵紝鐩存帴灏忕伀鐓庣儰;5銆佸緟涓€闈㈢厧鍒伴噾榛勫悗锛岀敤绛峰瓙灏嗚倝鐗囩炕闈㈠啀鐓庯紝浣胯倝鐗囦腑鐨勮偉娌归€煎嚭涓€閮ㄥ垎锛屼袱闈㈠潎鐓庡埌鐣ユ湁鐒﹂粍锛屽啀鎾掍笂涓€浜涚倰鐔熺殑鐧借姖楹诲氨鍙互鍑洪攨浜?6銆佺敓鑿滃彾鐢ㄦ竻姘存竻娲楀共鍑€骞舵櫨骞诧紝鎽嗗叆鐩樹腑锛屽啀灏嗙厧鐑ゅソ鐨勮倝鐗囨憜鍦ㄧ敓鑿滃彾涓?7銆佸彇涓€鐗囩敓鑿滃彾锛屽す涓€鐗囩儰鑲夛紝鍖呰9璧锋潵灏卞彲浠ュ悆浜嗭紝椴滃澶氭眮鐨勭儰鑲夋惌What’s the difference between the realm and the realm of the world? Adopted? How about borrowing it? Unyielding?銆佺厧鑲夌殑鏃跺€欙紝鐏€欐帉鎻″緢閲嶈锛岀厧寰楁椂闂村お鐭細杩囦簬娌硅吇銆備絾涔熶笉鑳界厧澶绷鐒︼纴杩欐牱镶夎川浼特彉鑹茬殑鐘舵€佹濂?2銆佸繀椤昏涓€闈㈢厧濂藉悗锛屽啀缈昏韩鐓庡彟涓€闈紝涓€瀹氳鍧囧寑;3銆佸垎浜竴涓厡鏂欑矇閰嶆 楠 Adopts that Jing Niu is crushed 5 What is the toilet?50. What is it? 250. What is it?00 what’s the matter?00 is it beautiful?00鍏嬶紝妗傜毊绮夈€佽壇濮滅矇鍚?0鍏嬨€?

[5 Coups That Make You Ecstatic]

[5 Coups That Make You Ecstatic]

Driven by vanity, every man hopes that he can fight more and more bravely, fighting ten rounds in a night, but unless you are a young man in his twenties or twenties, when you are younger, there is no more recoveryThe courage of the year.

There are many secret recipes in the field that are said to be shockingly reinvigorated, but when the pros and cons cannot be discerned, attempts are not encouraged here.

But here can provide some natural tricks, maybe it can really make your golden gun not fall, ecstasy every night.

Don’t get me wrong while you are at war with the gun, the gun does not ask everyone to masturbate before entering the battle.

On the contrary, it is best not to masturbate one or two days before the appointment. This will make you “full of ammunition” and ready to go.

Also, before the war, it ‘s best to invite her to some high-level places for dinner, because she will be more beautiful to suit the occasion. Relatively speaking, your interest in her will increase, which will naturally improve you.Performance.

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GEM (002340): Strategic customers try to continue to increase their global market share

GEM (002340): Strategic customers try to continue to increase their global market share

Event On March 15, the company issued an announcement on a wholly-owned subsidiary signing a strategic procurement agreement for 29,300 tons of ternary precursor materials. The wholly-owned subsidiary of the company Jingmen Greene New Materials Co., Ltd. and Ningbo Rongbai New Energy Materials Co., Ltd. signed the “Strategic Cooperation Framework Agreement for the Purchase and Sale of Ternary One-Level Material Precursors, 2019?
In 2021, Rongbai will supply 29,300 tons of precursors.

Brief comment on Ningbo Rongbai as the domestic leader in high-nickel ternary tier one materials, and the company’s strategic customers are the next city. Ningbo Rongbai is the leading domestic high-nickel ternary 重庆耍耍网 tier one material manufacturer.The annual 811 launch volume has reached the first in the world.

According to public information, Ningbo Rongbai terminated the total scale capacity of about 1 at the end of 2017.

6 digits / year, total ternary precursor production capacity is about 1.

7 years / company; the company is located in Zunyi, Guizhou Province, with an annual output of 10 plans for silicon lithium battery conversion materials. The project is scheduled to reach the end of 2018. The conversion investment is USD 12.1 billion to build a high-end power lithium battery material production base in Yuyao City, Zhejiang Province.The primary material 10 is initial, the precursor 20 is initial, and the resource regeneration annual output 10 is inserted.

Ningbo Rongbai’s main customers include LG, Samsung SDI, Lishen, BAK, Fu Neng, Yiwei Lithium Energy and other companies; in 2018 the company’s power-type 811 kinds of materials capacity has exceeded 600 tons / month.

After entering the era of Ningde, Samsung SDI, Umicore, Ecopro, ATL and other international leading lithium battery or oriented material companies, the company has developed another heavyweight customer, through Ningbo Rongbai to promote the introduction of precursor products to downstream lithium battery leading customersThe company’s global market share is expected to reach a new level on the basis of 20%.

Accelerated expansion of production capacity, insufficient supply of products The company’s volume of ternary precursors in 2018 was about 4 tons. The company seized the historic changes in the development of new energy vehicles and continuously accelerated the production capacity. At present, the production capacity of precursors is about 8 tons, which can produce single or polycrystalline silicon.523, 622, 811, NCA and other products.

By signing a large-scale supply contract with Ningbo Rongbai to further ensure capacity digestion, it is expected that the sales volume of the forward drive is expected to reach 8.

By introducing more high-quality customers, we can effectively reduce business risks and enhance the voice of the industry.

Although the general contract stipulates that the supply of 523 and 622 precursors is the main body, it is not excluded that the materials of 811 precursors will be introduced into Ningbo Rongbai 811 in the future, and it is expected to break through the high nickel NCM route downwind and further enhance the industry advantage.

Profit forecast is expected for company 2019?
Revenue in 2020 was 148.

3 billion, 206.

06 billion, net profit attributable to mothers was 11.

4.1 billion, 13.

93 trillion, the current sustainable corresponding PE is 18 respectively.

27, 14.

96 times.

Maintain “Buy” rating.

Risks suggest that the sales of new energy vehicles are not up to expectations, and the progress of capacity release is not up to expectations.

Sany Heavy Industry Co., Ltd. (600031): Industry boom and high performance growth exceed expectations

Sany Heavy Industry Co., Ltd. (600031): Industry boom and high performance growth exceed expectations

Investment requirements event: The company released the 2019 semi-annual report performance forecast, which is expected to realize net profit attributable to mothers of US $ 6.5-70 billion, an annual increase of 91.

8% -106.

6%.

  The beneficiary industry is in a high business climate, with performance exceeding expectations.

In the first half of 2019, benefiting from the impact of demand for infrastructure construction, environmental protection requirements, equipment upgrades, manual replacement, etc., the construction machinery industry has a high degree of prosperity and its sales have grown rapidly.

From January to June 2019, the sales volume of the excavator industry was 13.

70,000 units, an increase of 14 in ten years.

2%, company sales 3.

50,000 units, an annual increase of 32.

1%, the growth rate significantly exceeds the industry, the company’s market share from 23 in 2018.

1% to 25.

5%.

From January to May 2019, the sales volume of truck crane industry2.

20,000 units (+63.

1%), the growth rate exceeded the excavator, the company’s product sales growth rate exceeded the industry.

Benefiting from the rapid growth of the company’s product sales, the company’s performance exceeded expectations.

In Q1 2019, the company realized a net profit of RMB 3.2 billion. According to the performance forecast, the company expects a net profit of RMB 65-70 billion in 2019H, an increase of 91.

8% -106.

6%, of which Q2 single-quarter net profit attributable to mother is expected to be 330,000-380,000 yuan, an annual increase of 89.

5% -103.

9%, an increase of 3 from the previous quarter.

1% -18.

8%.

  Improved operating efficiency and improved profitability.

The company’s expenses are well controlled, and the three rates in 2019Q1 have dropped by a total of 5.

6pp, of which, the sales expense ratio, management expense ratio, and financial expense ratio were changed from -2 in the first quarter of 2018.

2pp, -0.

5pp, -2.

9pp.

Company net margin 15.

6%, +2 per year.

8pp, improved operating efficiency and improved profitability.

The industry’s second quarter sales volume was slightly weaker than the first quarter. The single quarter sales volume of the company’s products was Q1 for consecutive quarters. According to the performance forecast, the company’s single quarter net profit increased, profitability improved, and asset quality improved.

  The internationalization strategy continued to advance, and overseas business grew rapidly.

The company’s leading products have achieved international competitiveness, and the major overseas regions have grown rapidly.

In 2018, total overseas operations achieved revenue of 136.

30,000 yuan, an increase of 17 in ten years.

3%.The company seized the “Belt and Road” reforms and promoted its internationalization strategy. The overseas market was significantly improved, and the rapid growth in overseas sales of product excavators entered the market, which significantly increased its market share.

  With the continuous improvement of the company’s response capabilities and service capabilities overseas, the dealer system has been further improved, and future growth is expected.

  Profit forecast and rating.

Taking into account the high degree of industry prosperity in the first half of the year, the company’s product sales growth led the industry, we carefully raised the company’s performance forecast, and expect to return to its mother net profit for 2019-2021 109.

5/117.

3/124.

3 ppm, corresponding EPS is 1.

31/1.

40/1.

48 yuan, corresponding estimates are 10 times, 10 times, 9 times.北京桑拿洗浴

Give the company 13 times PE in 2019, corresponding to a target price of 17.

03 yuan, upgrade to “Buy” rating.

  Risk warning: downstream infrastructure growth rate exceeds expected risk, product sales may not meet expectations, exchange rate fluctuation risk

Lao Fengxiang (600612) 2018 Annual Results Express Review: Steady Revenue Growth Q4 Net Profit Earlier

Lao Fengxiang (600612) 2018 Annual Results Express Review: Steady Revenue Growth Q4 Net Profit Earlier
Revenue 成都桑拿网 growth is steady, Q4 net profit annual replacement company released a performance report in the evening of March 7, the company achieved operating income of 437 in 2018.84 ‰, an increase of 9 in ten years.98%; net profit attributable to mother 12.09 million yuan, an increase of 6 in ten years.40%, EPS is 2.31 yuan, slightly lower than expected.Fourth quarter 2018 revenue 72.80 ppm, a six-year increase of 6.37%; net profit attributable to mother 2.2.1 billion, down 7 every year.59%.The decrease in the company’s Q4 net profit is due to the impact of interest rates.The ROE in 2018 was 20.33%, a decrease of 0 per year.8 points. Complete construction of the entire industry chain As of June 18, the company has a total of 3,278 stores, a net increase of 104 stores compared with the end of 17 years, of which the number of self-operated silver buildings decreased by 5 and chain stores / distribution outlets / overseas stores increased by 53/55/ 1 home. The company strengthened the construction of the entire industrial chain and continued to improve the production base in Dongguan.18H1 cut production bases to achieve 65.23 million yuan in revenue and increase profits by 3.03 million yuan; the total budget of prime production bases was 24.32 tons, an increase of 9 previously.60%, operating income of 82.73 million, value added 15 in ten years.98%; profit of 26.04 million yuan, an annual growth of 23.35%. Acceleration of share reform and gradual improvement of incentive mechanism On August 22, 2018, the company announced the signature of the “Shanghai Laofengxiang Co., Ltd. Non-State-owned Equity Transfer Framework Agreement”, which intends to transfer the non-state-owned shares of Laofengxiang Co., Ltd.Guan Shilihua, Xin Zhihong, etc. intend to transfer Guoxin Zhangchuang (Shanghai Equity Investment Holding Co., Ltd.).On January 22, 2019, Lao Fengxiang Co., Ltd. completed the filing of changes in the shareholders and board members of Lao Fengxiang Co., Ltd. in Shanghai Huangpu District Market Supervision and Administration Bureau.And received the business license issued by the bureau.Laofengxiang 武汉夜网论坛 Co., Ltd. is an important part of the company’s core business. The share allocation will help optimize the equity structure and improve operating efficiency. Risk prompts gold jewelry consumption growth indicators; mixed improvement is less than expected. Leading in the gold category, accelerating the share reform, and maintaining a “buy” rating. The company is a leading company in the gold jewellery industry with solid performance growth and significant brand advantages.The introduction of the company’s subsidiary stock reform plan will help optimize the equity structure and improve operating efficiency.The company’s profit is expected to be 12 in 2018/19/20.10/13.67/15.550,000 yuan, maintain “Buy” rating