QhLNrFG

[Can coconut white flesh be eaten?The benefits of coconut meat and edible precautions]_Can you eat_Can you eat

銆 愭 ぐ 瀮 槮 槠 駹 閉 兎 兎 咨 咨 尨 尨 冸 ぐ 瀛 倯 啄 勫 ソ 徶 嬫 個 憋 憾 冰 决 冑 啰 啰 峳 僆Sorrowful
The best way to do it is to squeeze it out. It ‘s a good idea. It ‘s a good idea. It ‘s so easy to do it. It ‘s very difficult to do it.The following is a comprehensive list of links: stubble, stubble, stubble, stubble, stubborn, stubborn, stubborn, stubborn, stubborn, sloppy, stubborn, stubborn, sloppy, stubborn, sorrowful屽弽涔嬪垯涓嶈兘椋熺敤銆傚悆妞板瓙鑲夛紝鍏锋湁鍒╁翱娑堣偪銆佹竻鐑В鏆戙€佺編瀹瑰吇棰溿€佸寮哄厤鐤姏銆佸噺鑲ョ槮韬瓑鍔熸晥銆備笅闈㈠氨涓哄ぇ瀹惰缁嗕粙缁嶆ぐ瀛愯倝鐨勭浉鍏崇煡璇嗭紒涓€銆佹ぐ瀛愰噷闈㈢殑鐧借壊鏋滆倝鑳藉悆鍚楁垚鐔熸ぐ瀛愮殑鏋滆倝鍙互鍚冿紝妞伴潚鐨勬灉鑲変笉鑳藉悆銆傛ぐ闈掑睘浜庤繕鏈垚鐔熺殑妞板瓙锛屽叾妞版眮闈炲父椴滃锛屼絾鏄叾鏋滆倝杩樻湭鎴愮啛澶锛屼笉閫傚疁椋熺敤銆傛ぐ瀛愬拰妞扮殗鐨勬灉鑲夊凡缁忓彂鑲查ケ婊★紝钀ュ吇浠峰€煎拰鍙f劅杈冧匠锛屽彲浠ョ洿鎺ラ鐢ㄣ€備簩銆佸悆妞板瓙鑲夌殑濂藉鍒╁翱娑堣偪銆佹竻鐑В鏆?妞板瓙鑲変腑鍚惈鏈変赴瀵岀殑缁寸敓绱犲拰澶氱寰噺鍏冪礌锛屽叿鏈夊埄灏挎秷鑲裤€佹竻鐑В鏆戠殑鍔熸晥銆傜編瀹瑰吇棰滐細妞板瓙鏋滆倝涓惈鏈夊ぇ閲忕硸鍒嗭紝澶氫负钁¤悇绯栧拰钄楃硸锛岀粡甯搁鐢ㄦぐ瀛愯倝鑳藉鏀瑰杽鐨偆绮楃硻銆佹殫娣$殑鐘跺喌锛屽叿鏈夊吇棰滅編瀹圭殑鍔熸晥銆傚寮哄厤鐤姏銆侀槻姝㈠绉嶇柧鐥咃細鍙不鐤楀姩鑴夌‖鍖栥€佽剳涓銆佸績鑴忕梾绛夈€傝繕鍏锋湁鎶楃梾姣掋€佹姉鑿屻€佹姉鐧屻€佹椿鍖栫敳鐘惰吅鍔熻兘銆佸寮鸿韩浣撳厤鐤郴缁熺瓑鍔熸晥銆傚噺鑲ョ槮韬細浣夸汉鏈夐ケYou are in a hurry, and you have a lot of questions about how to do it. What are you talking about? What are you doing? What are you going to do? Do you want to do it?囟 灉 鏆 銆 傝 邝 鍏 鍏 ソ 銆 傝 透 铏 雏 铏 咏 咃 哃 咃 啝 瓏  殑 擟 堟  喰 哥涓摼鑴傝偑閰革紝琚タ鍖讳笌钀ュ吇鐣屽箍娉涜繍鐢ㄥ湪鏃╀骇鍎裤€佸┐骞煎効銆佸悍澶嶄腑鐨勭梾浜恒€佽€佷汉銆佽繍鍔ㄥ憳鐨勮惀鍏昏ˉ鍏呭綋涓€傛澶栵紝鏃犺鏄梾姣掕繕鏄粏鑿岄€犳垚鐨勭柧鐥咃紙鍙儴鍒嗘浛浠f姉鐢熺礌鐢紝鍗存病鏈変紶缁熸姉鐢熺礌鐨勫壇浣滅敤锛夛紝閮芥湁闃叉不浣滅敤鑰屾棤鍓綔鐢ㄣ€備笁銆佸悆妞板瓙鐨勬敞鎰忎簨椤?锛屾ぐ瀛愭眮鐨勪繚璐ㄦ湡闈炲父鐭紝濡傛灉妞板瓙鎵撳紑浜嗘渶濂藉湪2灏忔椂涔嬪唴楗敤瀹屻€?锛屾ぐ瀛愪笉瑕佸拰娴烽矞涓€璧峰悆锛屾垚鍒嗙浉鍐茬獊锛屾槗娑堝寲涓嶈壇銆?What are you talking about? What are you talking about? What are you doing? What are you doing? What are you saying?锛屽浜庤倽鑴忎笉濂芥垨鑲濊剰鐥呯殑鏈嬪弸涓嶉€傚疁鍠濇ぐ瀛愶紝鏈夋箍鐤圭殑鏈嬪弸涓嶅疁鍠濇ぐ瀛愩€?锛屼綋鍐呯伀姘旀椇鐩涚殑浜虹兢搴斿皯椋熸ぐ瀛愭眮锛屼互鍏嶅姞閲嶇伀姘斻€?

[Flower clams cleaned]_How to wash_How to deal with

銆 愯 姳 铔 よ 幂 呓 呂 娞 騣 噣 銆 慆 樱 許 宝 箞 娲 悍 悡 綍 涶 勭 悊 悊
瀵逛簬涓€浜涜礉澹崇被鐨勯鐗╂潵璇达紝鍏跺疄娓呮礂璧锋潵鏄潪甯搁夯鐑︾殑銆傚鏋滄竻娲楃殑涓嶅共鍑€鐨勮瘽锛岄偅涔堝緢鏄奖鍝嶅彛鎰熴€傝姳铔ゆ槸涓€绉嶅ぇ瀹堕潪甯稿枩娆㈢殑娴烽矞绫婚鐗╋紝铏界劧浠锋牸浣庡粔锛岄鍛崇嫭鐗癸紝浣嗘槸娓呮礂璧锋潵涔熸槸浠堕夯鐑︿簨鍎裤€傛瘡瀹舵瘡鎴烽兘鏈夋竻娲楄姳铔ょ殑鏂规硶锛屼絾鏄ぇ瀹剁煡閬撴兂瑕佹妸鑺辫洡娓呮礂骞插噣鐨勫皬绐嶉棬鍚楋紵鑺辫洡鏄竴绉嶈惀鍏讳赴瀵岀殑娴烽矞椋熺墿锛屼絾鏄瓙鍟婂悆鍚冧箣鍓嶈濂藉ソ娓呮礂锛屼笉鐒朵細鏈夋矙瀛愶紝涓嬮潰鎴戜滑涓€璧锋潵浜嗚В浜嗚В璇ユ€庝箞鍋氬惂锛佽姳铔ゆ€庝箞娲椾竴銆佹竻娲楄姳铔よ〃闈細1銆佽姳铔ら鍏堣鐢ㄦ祦姘村弽澶嶅啿娲楀共鍑€锛岀劧鍚庣敤鎵嬬◢绋嶆弶鎼撲竴涓嬶紝鍘绘帀澹充笂鐨勬筏娉ャ€?銆佸鏋滄湁鐨勫湴鏂规墜娲椾笉鎺夛紝鍙互鐢ㄧ‖涓€浜涚殑姣涘埛涓€鐐圭偣鐨勫埛鎺夈€備簩銆佹蹈娉¤姳铔わ紝浣垮叾鍚愭矙瀛愬瓨鏀捐姳铔ょ殑姘翠竴鑸緢娴戞祳锛屼拱鍥炴潵鐨勮姳铔ら噷闈㈠氨浼氬瓨鏈夊緢澶氱殑娉ユ矙锛屽洜姝よ繖鏃跺氨涓嶈兘鍙埛娲楄姳铔よ〃闈紝鑰屾槸鎶婅姳铔ゆ场鍦ㄦ按閲屼竴娈垫椂闂达紙澶х害2–3涓皬鏃讹級銆?銆佸湪娉¤姳铔ょ殑鏃跺€欐渶濂藉湪姘撮噷鏀惧叆閫傞噺鐩愶紝杩欐牱鑺辫洡浼氭瘮杈冨鏄撻€傚簲锛岃兘杈冨揩鐨勮繘琛屽悙娌欍€?銆佸姞棣欐补鏈夊姪浜庤洡铚婂悙姘淬€?銆佸綋娉″埌涓€瀹氱▼搴︼紝鑺辫洡浼氳嚜宸卞紶鍢村悙娌欏懠鍚革紝杩欐牱鑳藉幓闄よ姳铔ら噷闈㈠ぇ閮ㄥ垎鐨勬偿娌欙紝鍐嶅悆璧锋潵灏变笉浼氭劅鍒扮墮纰滀簡銆?銆佹礂鎴栨场鑺辫洡鏃讹紝涓嶈浣跨敤椁愭礂鍑€鎴栧叾瀹冩礂娑ゅ墏锛屽惁鍒欎細姹℃煋鑺辫洡銆傝洡铚婄殑鐗瑰埆鎻愮ず锛氫拱铔よ湂瑕佷拱闂彛鐨勶紝鐓ソ鍚庡鏋滄槸鏂伴矞鐨勪細鑷劧寮€鍙o紝涔呯叜涓嶅紑鍙g殑灏辨槸姝荤殑銆傜敓鍙栬洡鑲夌殑鏂规硶鏈夊摢浜涚敓鍙栬洡铚婅倝鏈€渚挎嵎鏈€蹇€熺殑鏂规硶锛?銆佸啿娲楄洡铚婏紝鐒跺悗鎸戝嚭姝昏洡铚娿€佺┖铔よ湂銆佺牬纰庤洡铚婂拰寮辫洡铚婏紝鍐嶈鍏朵綑鐨勮洡铚婂悙娌?0 technetium?4 What are you saying? Do you want to know how to do it? If you want to click on the button, please click on the button to add it to the rudder: 証 尩 娩 咩銆佸皢涓婅堪娌ュ共姘寸殑铔よ湂骞抽摵浜庡3鑲夊垎绂绘満鐨勪紶閫佸甫涓婏紝鍚姩浼犻€佸甫锛屼娇铔よ湂涓庤捀姹芥帴瑙︽椂闂翠负30锝?5 溞 庮 咮 璲 咮 咲 哮 員 員 員 員 員 員 員 員 員 囩 幩 傕 幕 淇  Juan 纴 涶 氶 氟 铔 よ 湂 っ わ テ わ 姮 兎 兎 兎 兎 兎 兎 兎 璋 娌 ℃ 湁 Tweezers  姩 鑴 繴 郄 勶 麴 揜 描 受 嗗 咾 嗒 嗾 嗾 嗾 沵 沵 柵 :You can’t help it, you can’t do it, you can’t do it, you can’t do it, you can’t do it, you can’t do it, why don’t you go here?What are you going to do? Do you think?銆 丸 獝 獙 纙 纙 纬 鍬 獬 鍐 峰 喕 遂 达 纴 鍐 峰 喕 1 璏 椠 惠 ヤ 笂 頥 客 鮢 鍢 捵 鍵 鍵 鍵 頵 grade ad?銆佷粠鍐扮鍙栧嚭鍚庯紝杩呴€熷啿鍑夋按锛岃礉澹充腑闂翠細鍑虹幇涓€閬撶粏缁嗙殑缂濋殭锛?銆 佷 蓱 嬬 嬬 ◢ 華  竴 鐢 ㄥ 姏 屽 彲 浠 ヨ 交 鏴 援 雺 固 紑 緑 ゆ 囖 囖 徖 濆 3 ad?銆佺劧鍚庣敤鍕哄瓙鎸栧嚭涓ゆ墖璐濆3閲岀殑鑲夛紙鍏跺疄杩樺寘鎷矞缇庣殑铔ゆ堡锛夈€傝鐐癸細1銆佸繀椤绘妸鏂囪洡鏀惧湪琚嬪瓙閲屽瘑灏佸啀鍐峰喕锛屽惁鍒欒洡铚婂湪鍐扮閲屽紑鍙o紝閲岄潰鏈€椴滅編鐨勬眮娑插氨浼氭尌鍙戞帀锛?Do you have any questions about it?銆佸彇鍑烘椂杩呴€熺敤鍑夋按鍐层€?

[How to make Indian-style cold noodles]_Home-made practice of Indian-style cold noodles_Instructions on Indian-style cold noodles_How to make Indian-style cold noodles

[How to make Indian-style cold noodles]_Home-made practice of Indian-style cold noodles_Instructions on Indian-style cold noodles_How to make Indian-style cold noodles

We are a nation pursuing food, and we are very particular about the aspect of “eating”.

Below I will introduce to you the practice of Indian-style cold noodles. After reading it, you can try to make 1 by yourself.

Cooking noodles: (1 tsp of salt can be added to the pot when cooking noodles, this will prevent the noodles from sticking together, and the water in the pot will not overflow after boiling.) Cook the noodles twice with cold water.

To make the sauce: Put the curry powder in a bowl, put the oil in the pan and heat it up. Put the onion, ginger, garlic, and onion together to scent.

Add ground meat, stir-fry the vegetables until cooked, then pour all the ingredients on the curry powder and mix well.

Then add a small spoon of chicken essence and an appropriate amount of raw soy sauce, mix well, you can 3.

Mix noodles: Pour the prepared juice on an overly cool surface, mix well and add the sliced cucumber, and the tomato strips will do.

If you like fruit, you can also add some diced fruit and stir it. It is also very delicious. It is not difficult to make Indian-style cold noodles. The hard thing is whether you have persistence.

In fact, as long as you can thoroughly understand the method steps mentioned above, plus your insistence, the “results” will immediately appear.

[How to get an egg cake]_How to make_Making method

銆愰浮铔嬮ゼ鎬庝箞寮勩€慱濡備綍鍋歘鍒朵綔鏂规硶
楦¤泲鍥犱负钀ュ吇浠峰€兼瘮杈冮珮锛屾墍浠ヨ浜轰滑鐢ㄦ潵鍒朵綔鎴愬悇绉嶅悇鏍风殑椋熺墿锛屽洜涓哄崟绾殑鍚冪叜楦¤泲锛屽彲鑳藉彛鎰熶細鎰熻姣旇緝鏋嚗锛屽鏋滃皢楦¤泲鍋氭垚鍚勭鍚勬牱鐨勮彍锛屽悆璧锋潵浼氱壒鍒殑鍚稿紩浜猴紝鍦ㄥ埗浣滈浮铔嬬殑鏃跺€欙紝鍙互鍋氭垚楦¤泲楗硷紝杩欐牱涓嶇鏄 瀛 愯 珮 鏄  ぇ 浜 魜 璖 冭 鍉 鏉 ラ 兘 鏄  瘮 Different Nan Nanzhu cross-over 圄 億 嶄 嶥 哥 嬮 嬮 ゼ pick-up 宝 箖 pot ㄇ泲 楗 楗 綄 楦 泲 揄 Hang Ai paintings in the realm of the world and the world is not the same as the one in the world: floating, floating, floating, floating, floating, floating, floating, floating, floating, floating, floating川鍙婃湁楂樼敓鐗╀环鍊肩殑铔嬬櫧璐ㄣ€傚浜鸿€岃█锛岄浮铔嬮ゼ鐨勮泲鐧借川鍝佽川鏈€浣筹紝浠呮浜庢瘝涔炽€備竴涓浮铔嬮ゼ鎵€鍚殑鐑噺锛岀浉褰撲簬鍗婁釜鑻规灉鎴栧崐鏉墰濂剁殑鐑噺锛屼絾鏄畠杩樻嫢鏈夌7銆侀攲銆侀搧銆佽繖浜涜惀鍏婚兘鏄汉浣撳繀涓嶅彲灏戠殑锛屽畠浠捣鐫€鏋佸叾閲嶈鐨勪綔鐢紝濡備慨澶嶄汉浣撶粍缁囥€佸舰鎴愭柊鐨勭粍缁囥€佹秷鑰楄兘閲忓拰鍙備笌澶嶆潅鐨勬柊闄堜唬璋㈣繃绋嬨€?楦¤泲楗兼槸鐢辨柊椴滅殑楦¤泲銆佷紭璐ㄩ潰绮夈€佹穩绮夈€侀鐢ㄧ洂銆侀浮绮俱€佽懕銆佹补銆佺瓑绮惧埗鑰屾垚銆傚彛鎰熸鼎婊戯紝缁嗗锛岃惀鍏讳赴瀵岋紝鏄棭椁愮殑鏈€浣抽鍝侊紝涓嶄笂鐏€?涓昏鍔熸晥鐜夌背鏄矖绮腑鐨勪繚鍋ヤ匠鍝侊紝鍚湁闃叉不渚跨銆佽偁鐐庛€佽偁鐧岀瓑钀ュ吇鍏冪礌锛屾湁闀垮銆佺編瀹圭殑浣滅敤;灏忛害鍚湁鏋佸叾涓板瘜鐨勬穩绮夈€佽剛鑲€佹穩绮夐叾銆佺被鍥洪唶鍜岀淮鐢熺礌e绛夎惀鍏绘垚鍒嗭紝鎵€鍚殑纰虫按鍖栧悎鐗╃害鍗?5%: I want to borrow something from the river: 10%: I want to know how to do it:  銗 ╄ 泲 懑 懑 擑 泆 曜 曜 集集 盰 雰 雕 雕 集愬姞鍦ㄤ竴璧风儥鎴愰ゼ锛岃ˉ鍏呬簡浜轰綋鎵€闇€鐨勭淮鐢熺礌鍜岃泲鐧借川锛屽啀鍔犱笂楦¤泲鐨勫姩鐗╄This is the most important thing in the world. It ‘s a very important thing. It ‘s a very important thing. It ‘s a very important thing. It ‘s very important. It ‘s very important.傘€愪富鏂欍€戦浮铔?Aomeng?Hagi?楦$簿 榛勬补 鐜夌背闈㈢矇銆愬埗浣滄楠ゃ€?銆 ? 嬑 鍑 Hongfu 铫 鬡 鍏 ョ  Juan 纴 玼 呮 呮 囮 囧 囧 劆 銆?銆佹悈鎷屾垚绮樼硦鐘讹紝浣嗕笉鑳藉お骞诧紝鍚﹀垯鍊掑叆閿呬腑鏃朵笉瀹规槗钖勮杽鐨勬憡寮€銆?銆侀攨涓姞榛勬补鍖栧紑锛屽啀鍊掑叆楦¤泲绯娿€傚潎鍖€鐨勬憡寮€;4銆佺敤灏忕伀鐓庤嚦閲戦粍鍚庣炕闈㈠悓鏍风厧鎴愰噾榛勫嵆鍙€?

[How to make kawaii sculpting cakes]_The common practice of kawaii sculpting cakes _Kawaii sculpting cakes _How to make kawaii sculpting cakes

[How to make kawaii sculpting cakes]_The common practice of kawaii sculpting cakes _Kawaii sculpting cakes _How to make kawaii sculpting cakes

We must develop the habit of cooking and cooking so that we can prevent disease and promote health.

For everyone’s health, the following editor will talk about the practice of Kawaii-style cakes.

1.

12 Wash the lotus root, pay attention to rinse the lotus root by the way, drain it for use.

21 Remove the crusts 3.

Knead lotus root into thick silk 4.

Add the right amount of glutinous rice flour.

The ratio to lotus root is about 1:35.

Season, add a small amount of salt, MSG, and a little sugar 6.

Cut the ginger into small pieces and pour it into seasoning 7.

Add the mixed material into the mold to be shaped.

Or directly made into a circle, flattened 8.

Put in a pan, fry the pancakes over low heat until golden on both sides, and lift up Li Oil9.

After all the pancakes have been fried, leave a small amount of oil in the pan, low heat, pour 2 tablespoons of sugar in a circle and cook until melted, then pour 2 tablespoons of vinegar and cook until thick.

You can pour the boiled fruit juice on the fried cakes, or you can pour the cakes into sweet and sour sauce and boil over low heat.

Add some soy sauce at this time.

Sprinkle with white sesame seeds after serving.

(This regulation is exempt.

) There are often small gatherings in life, but have you never performed?

You must be unhappy like this.

So with the detailed method of Kawaii sculpting cakes, you can show your cooking skills and be the most versatile one.

[How to make chili pepper peas and pine eggs]_Home-made method of chili pepper peas and pine eggs _How to make chili pepper and peas pine eggs

[How to make chili pepper peas and pine eggs]_Home-made method of chili pepper peas and pine eggs _How to make chili pepper and peas pine eggs

People rely on food as their diet. We only eat healthy nutrition every day to keep our bodies from getting sick. Speaking of nutrition and health, of course, the meals we cook at home are the most delicious. Today, Xiaobian will teach friends who like to cook a pair of hot peppers, bean curds, and pine eggs.Let your family eat healthier.

1.

1. Prepare green bell pepper, tempeh, pork, and Songhua eggs.

2.

Peel the pork, chop into minced meat, add salt, cooking wine, and marinate for a while.

3.

Wash the green peppers and cut them into diced sections; remove the egg from the shell and cut into dices;

4.

Pour an appropriate amount of peanut oil into the pan, stir-fry the minced meat and change the color.

5,

In another pot, stir-fry ginger and shallots.

6.

Add green peppers and stir-fry until the spicy flavor comes out, add a little salt.

7.

Add tempeh and stir fry.

8.

Add Songhua Egg and stir fry until taste.

9.

Add fried minced meat.

10.

Quickly stir fry, season with an appropriate amount of soy sauce and serve.

After reading the introduction of Xiaobian, have you been unable to hold back?

Do you really want to rush into the kitchen and immediately start making hot chili beans and egg?

Gigabit (603444) 2019 Third Quarterly Report Review: Ask Mobile Games Outstanding Performance Supports Overall Performance Game Operations Powerful

Gigabit (603444) 2019 Third Quarterly Report Review: “Ask Mobile Games” Outstanding Performance Supports Overall Performance Game Operations Powerful

I. Event Overview The company’s revenue for Q1杭州夜网 to Q3 of 2019 was 15.

5.5 billion (+ 34% YoY).

1%), achieving net profit attributable to mother 6.

700 million (+32 year-on-year.

2%), the net profit after deducting non-attribution is 6.

6.3 billion (+38 compared to the same period last year).

9%), ROE was 23 in the first three quarters.

3%, an increase of 2 over the previous period.

9%.

Cash flow from operating activities was 8.

810,000 yuan (+44 compared with the same period last year).

4%).

In Q3 2019, it achieved revenue 4.

840,000 yuan (+26 compared with the same period last year).

7%), the net profit of returning to mother is 200 million (YOY + 19%), and the net profit of returning to non-mother is 1

920,000 yuan (+24 compared with the same period last year).

9%).

The non-recurring profit or loss of 2019Q3 was 12.84 million yuan, mainly due to entrusting others to invest or manage assets profit or loss of 8.86 million yuan and government subsidies of 8.54 million yuan.

Second, the analysis and judgment of performance are in line with expectations, and the growth rate of profit revenue is basically in line with expectations. The company’s revenue and net profit growth rate are in rapid pace. The Q1 to Q3 2019 sales expenses are 1.

7.2 billion (11% of revenue), a year-on-year increase of 110.

7%, mainly because the new games such as “Greedy Cave 2”, “Crossing the Star Arc” and “Apocalypse Hope” were launched at the end of last year and this year.

0.9 billion (7% of revenue), a year-on-year increase of 34.

3%, mainly because the Shenzhen office building and Guangzhou office building reached the intended usable status and turned into fixed assets, depreciation expenses increased and management personnel expenses increased; the pace of game research and development investment was slow and steady, and research and development costs were 19Q1-Q3 to 2.

300 million (14% of revenue.

8%), an annual increase of 16.

6%.

The excellent performance of “Ask Mobile Games” supports the overall performance, and the game operation strength is strong. The Q1 to Q3 2019 operating income achieved a higher growth rate of 34.

1%, mainly due to the revenue growth of “Ask Mobile Games” and new games such as “Greedy Cave 2”, “Crossing the Star Arc” and “Apocalypse Hope”.No. 25, up to No. 5 on the list, currently 31. According to this, a single game flow accounted for more than 50% of the company’s total game flow. “Ask Mobile Games” has been online since 16 years and has been operating close to 4In MMORPG’s own long life cycle, the company’s game operation strength was strong, and the excellent performance of “Ask Mobile Games” supported the overall performance.

Third, investment proposals are expected to make the company profitable in 2019-2021.

27, 15.

85, 18.

58 yuan, corresponding PE is 22X, 19X, 16X.

The company’s existing PE (TTM) is 25X, 33 since listing.

5% score, high margin of safety, maintain the “recommended” level.

Fourth, risk warning: the new game flow is not up to expectations, the existing game flow is not up to expectations, and the game supervision policy tends to be more severe than expected.

Pluton (002769): The worst time for state-owned assets to enter may have passed

Pluton (002769): The worst time for state-owned assets to enter may have passed

The worst time may have passed. Maintaining the “Overweight” rating in 2018, Proton completed revenue57.

7.2 billion (+7.

3%), net profit attributable to mother 1.

2.0 billion (+49.

6%), lower than our expectations of 1.

3.3 billion.

In the first quarter of 2019, Proton completed revenue of 15.

6.8 billion yuan (+43.

8%), net profit attributable to mother 0.

3 billion (-26.

5%), better than our expectations of 0.

2.5 billion.

The supply chain industry is still facing short-term difficulties. We predict that the company’s EPS in 19/20/21 will be 0.

59/0.

73/0.

84 yuan, corresponding to the current expectation of 18.

3/14.

7/12.

8X PE.

We give Proton 19-19X PE for 19 years and adjust the target price range to 11.

15-12.

32 yuan, maintaining the “overweight” level.

The business is under pressure. At its worst, 2018 may have passed and Proton completed revenue57.

7.2 billion (+7.

3%), net profit attributable to mother 1.

2.0 billion (+49.

6%), lower than our expectations of 1.

3.3 billion, deducting non-deductions to the net profit of the mother 0.

9.8 billion (-52.

6%).

In the first quarter of 2019, Proton completed revenue of 15.

6.8 billion (+43.

8%), net profit attributable to mother 0.

3 billion (-26.

5%), better than our expectations of 0.

2.5 billion.

From the first quarter results, the company’s operations are still under pressure, but to avoid macroeconomic stabilization and 青岛夜网 the easing of Sino-US trade frictions, we think that the worst time may have passed.

State-owned assets increase, financing and customer expansion have improved. On October 22, 2018, the company’s controlling shareholder / actual controller Chen Shuzhi intends to transfer 10 of its holdings to Guangdong Green Financial Holdings, a state-owned asset in Guangzhou.66% shares, and intend to entrust it to exercise the remaining shares (19.

18%) corresponding to rights other than property rights.

Continuous development, ICT supply chain companies generally need to advance funds, the prospect of state-owned assets plus holdings greatly reduces the company’s financing costs; reorganization, the company is expected to rely on the rich resources of the state-owned platform to develop new markets and new customers, and enhance the 无锡桑拿网 ability to serve potential customers.

A difficult year for the supply chain industry. After the storm, we will see a rainbow in 2018. The domestic macro economy continues to decline, adding global trade friction and the growing demand for the three major pieces (PC / smartphone / tablet). ICT supply chain companies are generally facingThe challenge was earlier and more difficult.

In the listed company system, Nianfu (Ningbo Dongli Subsidiary) was applied for bankruptcy and liquidation, Runtai (Jiuyou Co., Ltd.) lost contact, and Pluton and Aiyatong successively dated state-owned shareholders.

We expect that small and medium-sized supply chain companies will face greater difficulties. After the industry reshuffles, some more powerful companies are expected to stand out.

Maintain the “overweight” level and adjust the target price range to 11.

15-12.

The 32-yuan supply chain industry is facing difficulties. We have lowered the company’s EPS forecast for 19/20 to zero.

59/0.

73 yuan (previous value was 0.

64/0.

80 yuan), and the first dating 21-year profit forecast is 0.

84 yuan, corresponding to the current expectation of 18.

3/14.

7/12.

8X PE.
Comparable logistics companies have won unanimous expectations for 19 years.

2X; Considering the vast market space of the supply chain industry and the entry of state-owned assets to boost market confidence, we give Pulutong 19-21X PE (premium 11% -22%) and adjust the target price range to 11.

15-12.

32 yuan (previous value was 7.

47-7.

75 yuan), maintaining the “overweight” level.

Risk Warning: Trade conflicts affect the import of electronic information manufacturing components; exchange losses caused by foreign exchange; and supervision of financial leases is strengthened.

Perfect World (002624): Net profit of games in 2019 YOY + 37% Since the beginning of 2020, a number of mobile games have outstanding performance and are expected to contribute to the increase in the first quarter

Perfect World (002624): Net profit of games in 2019 YOY + 37% Since the beginning of 2020, a number of mobile games have outstanding performance and are expected to contribute to the increase in the first quarter

Events: 1. The company announced a performance report, with revenue of 80 in 2019.

380,000 yuan (+0 compared to the same period last year).

05%), net profit attributable to mother 15.

04 billion (YOY-11.

85%); Excluding the impact of the demolition of the circuit business in 2018, the revenue was YOY + 6.

78%.

2, 2019 game revenue 68.

30,000 yuan (+25 compared with the same period last year).

99%, 3 mobile games authorize Tencent’s sole generation, if it is restored to a higher growth rate, the film and television revenue is 12.

10,000 yuan (YOY-42.

54%); net game profit 18.

80,000 yuan (+37 compared with the same period last year).

41%), film and television defects 3.

10,000 yuan (impairment of inventory by 3.

6ppm, impairment of goodwill 3.

500 million, but also recognized performance compensation).

3. In 2019, if the impairment of goodwill and the impact of compensation are not taken into consideration, the profit of the film and television business with the inventory impairment added will be approximately 0.

500 million; the company’s overall net profit attributable to its parent is about 18.

6.4 billion (YOY + 9%, compared to 17 in 2018.

06 billion).

Comments: 1. The company’s game business has grown rapidly in 2019 (net profit YOY + 37%). Since the beginning of 2020, affected by activities, holidays and epidemic conditions, a number of game products such as “Xin Xiao Ao Jiang Hu” have performed well and are expected to beQuarterly gaming performance brings elasticity.

① The company’s game business realized revenue 68 in 2019.

300 million, a year-on-year increase of +25.

99% (if reduced to a higher growth rate of flowing water); net profit18.

80,000 yuan, a year-on-year increase of +37.

41%.

② A number of new mobile games in 2019 performed well, “Perfect World”, “Four Seasons Songs in Cloud Dreams”, “My Origins” 3 were authorized for exclusive distribution by Tencent (recognized by the net income method), and2 “,” New Swordsman “(on-line in December 2019 / deferred revenue to 2020).

Long-period old product “Xianxian Mobile Games” (online in 2016), with stable performance.

The agent games “DOTA2” and “CS: GO” are expected to improve with the help of e-sports events.

③ Since the beginning of 2020, affected by activities, holidays and epidemic conditions, the game industry’s revenue, player size, and usage time have seen considerable growth.

According to Gamma data, domestic mobile game revenue will increase by 49% in January 2020.

5%, an increase of 37 from the previous month.

5% (considering the 19th Spring Festival in February, and excluding the effect of the number of days in February, the growth rate reached 24%).

According to reports, QuestMobile, the total number of daily active users of the entire mobile Internet during the Spring Festival holiday in 2020, the average daily user duration reached a record high, the daily duration of the entire network users from 5 billion hours in early 2020 to 6.1 billion on February 3Hours, with an increase of over 20%; from the perspective of the daily active user increase, mobile games account for 20%, online video 16%, and short video 14%, which are the top three segments; from the average daily usage timeLooking at it, mobile games (159 minutes) have grown by 41% in ten years.

The company’s core products such as “Xiao Xiao Ao Jiang Jiang”, “Perfect World” and “Xianxian Mobile Games” all achieved good performance.

2. In 2019, the film and television business is affected by the industry environment, and some goodwill and inventory are subject to impairment. From the perspective of the company’s drama reserves, in 2020, it will continue to digest inventory and choose new opportunities at the same time.

① From the perspective of the industry structure, supply-side reforms have continued, reductions and upgrades have become mainstream, and heads have focused.

The number of repertoire recorded in 2018-2019 is 1,231 / 905, a decrease of 26%; the number of productions that have completed production and obtained a distribution license in 2018-2019 are 323/254, a decrease of 21%; in 2019, the production of TV seriesThere are 73 license (a type) organizations, compared with 113 in 2017-2018, a decrease of 35%.② In 2019, the company confirmed drama series such as “Youth Fight”, “Building a Dream”, “While We Are Young”, “Old Tavern”, “Mountain Moon”, “Mountain”, “Crocodile and Toothpick Bird”, etc.
At the same time, it is planned to make provision for depreciation of inventories (part of the net realizable value is lower than the book cost) 3.

600 million, plans to goodwill (acquisition of Tongxin Film / Hello Youth Team in 2017 to form goodwill 6.

9.8 billion) provision for impairment 3.

500 million US dollars (recognition of performance compensation income, expected to have no significant impact on the company’s performance after the simultaneous replacement).

③ The company actively adjusted to respond to industry changes and continued to digest inventory.

It is expected that in the first quarter of 2020, there will be confirmations of dramas such as “Stewed Rock Sugar” (fixed), “Eye of the Storm” and other follow-up episodes. Pay attention to the follow-up episode confirmation progress and gross profit margin.

3. Looking ahead, the company has abundant game reserves, including a number of large IP products worth looking forward to.

The Steam China platform and e-sports business are progressing in an orderly manner, and overseas distribution teams are actively integrating global research and transportation resources.

In line with new technological progress, actively deploy cloud games, AR / VR and other applications, and further leverage the company’s experience in heavy / big screen game research and development.

① Reserve of mobile games: “Fantasy New Legend”, “Relic of War”, “Continent of New Gods”, etc., covering MMORPG, turn-based system, ARPG, SLG, Roguelike, card and other types, involving future science fiction, two dimensions, ancient myth, Western magic, Oriental fairy and other alternatives, blending open world, sandbox and other elements.

② End-game reserve: “New World of Immortals” (next generation); console game reserve: “Perfect World Console Edition”; end-game + console dual-platform reserve: “Flame Torch”, “Magic Legend”, “Very Hero 2″Wait.
③ The company has started the cloud game layout since 2016. At present, a number of game products have quickly entered the three major domestic telecommunication operators, Huawei Cloud Computer and other mainstream cloud game platforms. The types of cloud game products planned to be provided are also from mobile games to end users.Swim, console game extension.

At the same time, the company also started cooperation with Google Stadia in cloud game 淡水桑拿网 content and platform technology.

4. Profit forecast and investment grade: We estimate that the company’s net profit attributable to its mother in 2019-2021 will be 15 respectively.

12/23.

37/26.

24 ppm, corresponding to the current PE of 44/28 / 25X, maintaining the “recommended” level.

Risk reminders: policy risks in the game and film and television industry, increased competition, lower-than-expected life cycle of old products, lower-than-expected progress in the launch of new products, increased user acquisition costs and IP prices, loss of core talent, changes in player preferences, and changes in new technologiesLess-than-expected, corporate governance / asset impairment / lifting ban and risk reduction, market style switching, etc.

3 dietary recipes for good stomach

_1

3 dietary recipes for good stomach

People with a bad stomach are prone to stomach pain, bloating, loss of appetite, weight loss, anemia, bad breath and so on.

In addition to the daily conditioning of the stomach, in addition to less spicy, do not stay up late, eat a regular diet, eat less greasy, etc., but also to avoid gastrointestinal irritation, and actively cooperate with diet and conditioning.

  1. Peanut millet porridge material: 50 grams of millet, 50 grams of peanut kernels, 30 grams of red beans, osmanthus sugar, and rock sugar.

  Method: 1. Soak millet, peanut kernel and red bean in water for 4 hours, then wash it out and set aside.

2. Pour an appropriate amount of water into the pot, add peanut kernels, and after boiling the red beans, use a low heat for 30 minutes.

3, add millet, cook until the rice is rotten, peanut kernels, red beans are soft, then add rock sugar, sweet-scented osmanthus sugar.

  Efficacy: Xiaomi has a sweet and salty taste, has the functions of clearing heat and quenching thirst, strengthening the stomach and dehumidifying, and sleeping peacefully. It is more suitable for those with internal heat and weak spleen and stomach.

Some people have a bad appetite. After eating millet, they can be appetizing and nourishing the stomach. It has the effects of strengthening the stomach and eliminating food, preventing nausea, and rejecting vomiting.

  Jujube, red beans, sweet potatoes, lotus seeds, lilies, etc. can be added according to personal taste to make nutritious porridge with different flavors.

  2. Papaya pork rib soup ingredients: 1 fresh papaya, 150 g peanut kernels, 500 g pork ribs, 9 red dates, moderate salt, MSG.

  Method: First wash the papaya, remove the melon seeds, and cut into thick slices.

Soak the peanut kernels in clean water for 30 minutes, wash and chop the ribs, and remove the red date kernels.

Put all the ingredients into the casserole, add an appropriate amount of water, and boil over high heat, then turn to low heat and simmer for 3 hours, then add an appropriate amount of salt and MSG.

1 to 3 times a day, 150 ml to 200 ml each time, can be served with meals.

  Efficacy: clearing heat and moistening, strengthening the spleen and purging, can be eaten for some patients with short-term chronic gastritis, gastric ulcer, duodenal ulcer, indigestion, or thirst and dry throat, or sore throatThis soup helps relieve symptoms and nourish your health.

  3, lean meat mushroom soup ingredients: 100 grams of fresh mushrooms, 100 grams of lean pork, peanut oil, salt.

  Method: Wash the mushrooms and pork, slice them, add them to the casserole, add an appropriate amount of water to cook the soup, and when the soup is thick, add the salt of peanut oil and seasoning.

Can be eaten regularly.

  Efficacy: Tangnong meat is fragrant, has the effect of strengthening the spleen and kidney, protecting the stomach and nourishing the stomach.