HKUST Xunfei (002230) Third Quarterly Report Review: Performance Exceeds Expectations

HKUST Xunfei (002230) Third Quarterly Report Review: Performance Exceeds Expectations
Performance exceeded expectations.The company achieved operating income of 65 in the first three quarters of 2019.73 ppm, an increase of 24 in ten years.41%; Net profit 3.740,000 yuan, 杭州桑拿 an increase of 70 in ten years.51%; deduct non-net profit 6981.430,000 yuan, an increase of 183 in ten years.49%; in the third quarter, the company achieved operating income of 23.45 ppm, an increase of 13 in ten years.10%, net profit 1.840,000 yuan, an increase of 108 in ten years.06%.Net cash flow from operating activities -4.45 ppm, an increase of 35 in ten years.90%.  The company’s artificial intelligence strategy officially entered 2.In the 0 era, there was a significant turning point in per capita benefits.The company’s annual report has stated that the artificial intelligence strategy has officially entered 2.In the 0 era, in addition to the scale, the company’s supplementary growth and promotion are the key tasks. The company’s three quarterly report of profit growth has accelerated significantly. The company’s open platform business and education, medical and other industries that involve people’s livelihood expenditure have continued to maintain rapid growth.It shows that the inflection point of the company’s fee control and efficiency improvement has reached, and the net profit margin has fallen and increased.  Inclusion in the US entity list has limited impact on the company.The forthcoming company’s overseas revenue accounted for a very low proportion. The restructured company already had a large number of plans in terms of domestic solutions including open innovation platforms and deep learning model training servers, and C-side intelligent hardware and operating system solution switching. It is also expected to be fastThe company’s core chip autonomy process: In the definition of the era of science and technology, the in-depth report “Hongmeng, Pioneering All Things” clearly pointed out: Cloud core integration in the AIOT era is a landmark trend, and almost all speech recognition unicorns are launching autonomous AI chips.  Multi-faceted domestic alternatives are well prepared.The company is one of the earliest deep learning platforms in developing countries. As early as several years ago when open source frameworks such as TensorFlow were released and popular, the self-developed Ayers deep learning platform has been launched without the need for any foreign manufacturer’s authorization.For the training of artificial intelligence and online services, the buffering of the replacement time through the current stock expansion and how to provide replacement for Huawei, Cambrian, etc. has little effect.Chip platforms for consumer hardware such as translators have MTK, Spreadtrum, Rockchip, Quanzhi and many other alternatives.  Investment suggestion: As a domestic leader in artificial intelligence, the company’s artificial intelligence applications in various industries are advancing by leaps and bounds and are entering artificial intelligence2.At the strategic stage, per capita benefits are expected to increase significantly.It is expected that the EPS for 2019-2020 will be 0.43 and 0.66 yuan, maintain “Buy-A” rating, 6-month target price of 40 yuan.  Risk Warning: The progress of new business is not up to the expected risk, and the industry development is less than the expected risk.

Yonghui Supermarket (601933) 2018 Annual Report and 2019 First Quarterly Report Comment: The performance was slightly higher than expected during the period, and the expense ratio dropped significantly

Yonghui Supermarket (601933) 2018 Annual Report and 2019 First Quarterly Report Comment: The performance was slightly higher than expected during the period, and the expense ratio dropped significantly

Net profit attributable to mothers in 201814.

At 80 ppm, the net profit attributable to mothers in the first quarter of 2019 increased by 50% year-on-year. On the evening of April 25, the company announced its 2018 annual report and first quarterly report for 2019. The company achieved revenue of 705 in 2018.

17 ppm, an increase of 20 in ten years.

35%, net profit attributable to mother 14.

80 ppm, which translates to a fully diluted EPS of 0.

15 yuan, a decrease of 18 per year.

52%, the first drop in net profit attributable to mothers in 2018 is the average employee incentive fee6.

6.4 billion and Yunchuang are expected.

The company’s 1Q2019 revenue increased by 18 in ten years.

48%, an increase of more than 16 in 4Q2018.


In the first quarter of 2019, net profit attributable to mothers increased by 50 per year.

28%, an increase greater than 8 in 4Q2018.

98%, slightly better than expected.

The gross profit margin for the first quarter of 2019 decreased by 0.

08 averages, during which the expense ratio decreased by 1.

The company’s consolidated gross profit margin in 2018 for the 67 years was 22.

15%, an increase of 1 over the previous year.

The 31 single ones are primarily due to the expansion of the company’s business scale and enhanced upstream bargaining power.

The company’s period expenses in 2018 were 20.

87%, an increase of 3 from the previous year.

54 units.

In 1Q2019, the company’s comprehensive gross profit margin was 22.

71%, a decrease of 0 from the same period last year.

08 averages.

Expenses for the company’s period in the first quarter of 201916.

62%, a decrease of 1 over the same period last year.

67 average, first and foremost is the reduction of fair incentive costs.

The company is located in a period of rapid development, with a large number of new stores opened, and equity incentives to strengthen cohesion. In 2018, the company added 135 supermarkets with an area of 96.

250,000 square meters.

As of the end of December 2018, the company has opened 708 supermarkets in 24 provinces, including Fujian and Chongqing, with an operating area of 5.99 million square meters.

In 2018, the company’s 440 comparable stores revenue increased by 1 every year.


The company 重庆耍耍网 is currently in a period of rapid development: 1) The company plans to open 150 new stores in 2019 and explore new formats of “mini stores”. In 2019Q1, the company will open 21 new supermarkets and 93 mini stores.

2) The company is implementing an equity incentive plan to effectively strengthen cohesion and enhance employee responsibility.

Employee equity incentive expenses in 20186.

64 billion, expected to be 2 in 2019.

About 500 million. We raise our profit forecast and maintain the “overweight” rating. We believe that the company is in a period of rapid development and the number of new stores has increased significantly. The distribution of incentive plans will help enhance employee responsibility.0.


32 yuan (previously was 0.


25 yuan), the new forecast for the company’s EPS in 2021 is 0.

40 武汉夜网论坛 yuan, maintaining the “overweight” level.

Risk reminder: The company’s external expansion has not met expectations, and the new business development has not met expectations

What to do if a girl falls in love

What to do if a girl falls in love

The love affair is encountered by eighty to ninety percent of people, and people who are outgoing and cheerful can adjust themselves.

With a lonely character, it is easy to get to the horns of the horns, and there are many girls who commit suicide for a period of unworthy feelings.

  From this, mental health experts told the girls how to quickly get out of the shadow of broken love and find themselves again.

  First, don’t spend your time complaining.

  People in the empty window period ca n’t spend time complaining about themselves or others. They should tell themselves, “I am a mortal, and I will inevitably make mistakes. What I have to do now is to grow up from the experience of failure, and never make the same mistake.
“There are also people who are very calm when they encounter a change in love. This super adaptation is the result of trying to suppress and deny emotions.

  Second, look for support systems.

  Suddenly entering the empty window period, the well-organized life suddenly became chaotic, self-esteem, and self-confidence were very low.

In this painful and confused moment, it is extremely necessary for a close friend or psychological counselor to provide support, listening and encouragement. With these supporters, you will feel that you are still a loved and possible person.

  Third, take good care of your body.

  People in the empty window period often stay up all night playing games because of their bad mood. During this period, they need to work up to take care of themselves, carefully design and make two good dishes, rest early and ensure sleep.

This nourishes my physiology and gives me a positive hint: “I can live well alone.

Fourth, find positive hobbies.

  Finding hobbies that can support and nourish yourself, participating in reading clubs, fitness exercises, mountain climbing, etc. can not only enrich yourself in a positive way, but also contact the positive energy of the outside world, which is also very good for health care.

  A woman who has not been hurt, does not know the feeling of heartbreak, and cannot experience the other maturity brought by that painstaking experience.

When you feel heartbroken for one thing, and when you feel regretful, think about it after thinking about it three or ten years later. Is it all indifferent or even indifferent?

Why moxibustion can be healthy and longevity

Why moxibustion can be healthy and longevity

Fun facts?

Du Mu’s “Du Gong Tan Compilation” records an interesting fact: During Yongle’s reign, Jiaxing person Jin Sheng served as director of the Ministry of Penalty.

In a discussion of thieves, the government arrested many robbers.

What surprised Jin was that the leader of the robber was actually a “star” who was “one hundred and twenty-five years old”, but this man looked like he was not old, and “faced like a boy.”

Jin Chu didn’t believe it, so he sent someone to investigate the prisoner’s origin to obtain evidence, and the result was correct.

Jin then personally interrogated the robber, “ask him for his longevity.”

The prisoner said: When he lived in Jingshan (now Hunan) when he was young, he heard a stranger tell him that he often moxibusted his umbilicus with grass, which made him longevity.

So he practiced this technique for a long time, “I knew it so far.

Similar records are found in other ancient medical books.

For example, the Song Dynasty “Acupuncture and Shizijing” contained: “Someone who is old and looks like a boy, covers every year with a rat feces moxibustion suture.

“The recipe for Qingtai Hospital” contains the umbilical formula called “Yulin Lin Guben Ointment”, which is said to have been used by Empress Dowager Cixi to treat gastrointestinal disorders.

  What is “umbilical”?

  Navel, commonly known as the navel eye.

From the point of view of modern medicine, the “umbilical cord” is just a trace tissue left after the umbilical cord is placed in a newborn child. However, Chinese medicine believes that the umbilical cord is an important acupuncture point with a curative effect and is called “god”.

This acupuncture point is considered to be the head of the meridian, the sea of meridians, and it can control the various meridians of the human body.

When the body’s qi and blood yin and yang are imbalanced and a disease occurs, by stimulating or applying medicine to the Shenque acupoint, it can adjust the balance of yin and yang, qi and blood, and unblock the function, and get the effect of eliminating evil and curing disease.

  The effect of “moxibustion of the umbilical cord” is interesting. Some scientists use the “golden law” to measure the human body, and surprisingly found that the ratio from the length of the belly button to the foot to the length of the belly button to the top of the head is exactly equal to zero.

618, that is, the navel is located on the “golden section” of the human body.

And modern scientific research shows that 0.

168 plays an important role in health, so the “golden section” should be the best point to adjust the function of the human body.

Experimental studies have also proven that: stimulating drugs, moxibustion, and other stimuli can help regulate the nervous system and endocrine activities of the human body, especially can significantly improve the immune function of the human body, which can improve the role of righting, eliminating disease, and prolonging life.

  For preventive surgery, there are three precautions for anesthetizing the umbilical cord: first, the umbilical cord is damaged, and there are too many injured and pregnant women;Otherwise, it may cause burns.

  Related Links: Two commonly used moxibustion methods of the umbilicus. The first method: direct moxibustion of moxa.

Hang the burning moxa directly above the middle of the umbilicus (about 1 cm) for moxibustion to the degree that it feels warm.

Each moxibustion is 15-30 minutes, once a day, and 10 moxibustions are a course of treatment.

The initial moxibustion can be 3-5 treatments from time to time, and the effect of moxibustion is better in autumn and winter.

Gastrointestinal dysfunction, neurasthenia and other diseases due to physical deficiency are better for implantation.

  The second method: the shrine divides ginger moxibustion.

A few holes were punctured in the ginger slices, and the umbilicus was covered. The moxa was ignited to prick the thorns in the ginger slices, taking the temperature and comfort as the degree.

Each moxibustion is 15-20 minutes, once every other day, and 10 times a month. It is best to start moxibustion in the winter solstice.

This method has a preventive effect on indigestion and abdominal pain caused by cold evil.

Lonely dish

Lonely dish

Lolium is a 1-year or 2-year-old herb of the cruciferous family.

Born in the field, it is distributed everywhere.

Short-horned fruits are nearly round, oval-shaped seeds, brown-red, smooth, can be squeezed for oil, used for medicinal purposes, also known as seedlings.

  Sexuality is bitter, hard and flat.

  Grain seeds contain cardiolipin.

  Pharmacological animal experiments, the weakened heart formed by cat’s chloral hydrate can cause the myocardial contractility to increase, increase the output, and have asthma effect.

  [慢性渗出性胸膜炎]  独行菜种子(炒)15克,红枣4枚,获娄9克,半夏6克,甘草3克,水煎服。  [老年慢性支气管炎,喘息咳嗽]  独行菜种子9克,杏仁9克,陈皮6克,桑白皮9克,水煎服。

Why is otitis media deaf?

Why is otitis media deaf?

Some readers wrote that they had a history of ear pus discharge. After treatment, the ears no longer pus, and the doctor checked that the tympanic membrane perforation had healed, and otitis media was completely fine, but their hearing was worse than when they had pus.

Why is this?

  The sound waves are transmitted from the outer ear through the middle ear to the inner ear. The sound waves are reflected to the inner ear through the outer ear and the middle ear to generate sensory sounds. The sensory sounds are converted into nerve impulses and the auditory nerves are sequentially transmitted to the auditory center. After the central analysis and synthesis, corresponding responses are made.

In general, sound transmission in the middle ear is more important than the outer ear.

The middle ear cavity has six walls with inner and outer walls at the upper and lower ends, with a volume of only 2 cubic millimeters. The two walls are connected to the inner ear and the eardrum through the smallest bones of the three human bodies, thereby transmitting the beam of sound waves.

These three auditory ossicles are distributed into the “auditory bone chain”, which simplifies the function. Therefore, the middle ear does not simply replace sound waves like the outer ear, but also has the function of expanding sound.

  Why Hearing Loss after Otitis Media After purulent otitis media, penetrating tympanic membrane perforation is clinically manifested as ear pus and hearing loss.

The cracks affect the ossicular bone, causing corrosion to interrupt the ossicular bone chain, and the middle ear expansion and sound reinforcement effects completely disappear, resulting in a more pronounced hearing loss.

Long-term pus, especially cholesteatoma otitis media. Toxins or bacteria entering the inner ear can cause the inner ear to lose or lose sensory function. Hearing tests are mixed silence.

  Why the hearing after otitis media is worse than when the pus is drained can be understood through the above introduction.

Because the middle ear mite can penetrate the tympanic membrane perforation and can interrupt the bone chain, or because of scarring and calcium deposits, the ossicular movement is blocked or immobilized. Dry ears are reached through therapeutic penetration control, and the tympanic membrane perforation heals.However, the ossicular chain is still interrupted or immobilized, and external sound waves cannot reach the inner ear through the ossicular chain through the healed tympanic membrane, which is equivalent to someone listening to sounds outside an empty room, rather than listening to a roof with an open doorThe sound should be low.

  In fact, the causes of deafness caused by the interruption of the bone chain are far more than caused by otitis media. If non-purulent otitis media can cause ossicular adhesions, trauma with osseous fracture or dislocation, congenital ossicular deformity or otosclerosisBoth can be manifested as the presence or intact tympanic membrane but hearing loss, and the hearing test is alternating hearing.

After reading this, two comrades Li and Chen can go to the local hospital for hearing examination (electric audiometry, acoustic conduction audiometry). If it is shown as alternating silence, the ossicular chain is broken or fixed, you can consider tympanic exploration and perform tympanic shaping.With a view to improving hearing.

People who have insufficient oxytocin secretion tend to do bad things

People who have insufficient oxytocin secretion tend to do bad things

Why do people have good and bad people? Studies have found that evil people do bad things recklessly because they lack compassion for others and cannot experience the pain of others. This psychological ability is closely related to the oxytocin secreted by the brain.

The people who cause oxytocin account for about 5% of human beings. Their ruthlessness seems to be gaining a lot of benefits for themselves, but they are also isolated by the good people who have strong oxytocin secretion, and their lives are wrapped in a cruel “survival model.”

Case: Computer Genius Killed His Wife in Cold Blood In 2008, Hans Reiser, a well-known American computer expert and Linux file system developer, strangled his wife and discarded his body, and was sentenced to 15 years in prison.

People are surprised that this gentleman is a computer genius who has been to university at the age of 15 and is a tide of the Internet age.

So smart, why do n’t you know how to divorce your wife?

While in prison, Reiser wrote a 4-page letter to apply for a retrial, citing research by Dr. Paul Zack, a professor of economics at the Clermont Graduate University in the United States.

Zack found that oxytocin people are sympathetic to others, which makes them behave ethically.

Does Reiser think he lacks oxytocin and is not responsible for his actions?


He argued that his defence lawyer lacked oxytocin and was not sympathetic to him, which resulted in him not being able to properly defend it in court.

Zack believes that Reiser’s lack of self-knowledge is striking, and his appeal is just a manifestation of morbidity.

The secretion of oxytocin gives birth to good people and good deeds. Why do human beings have enthusiastic goodhearted people and bad guys?

The answer lies in the brain.

Zack’s study found that 95% of people receive positive signals in interpersonal communication, and the brain secretes a chemical hormone called oxytocin.

These signals include: entrusted to manage money, touched by people, watching sensational movies.

The remaining 5% do not secrete oxytocin in these situations, and they also show the characteristics that many psychopaths often have: charming charm; love to deceive, or even deceive themselves; if you get money, you need to be separated from othersWhen they are cheeky, they put all their money in their pockets.

Animal studies have found that occludens, which are inherently insensitive to oxytocin (that is, the brain has secreted but failed to function), will exhibit a large number of unscrupulous behaviors. Do whatever you want, regardless of the interests andSafety.

Many people who have been abused as children have similar behaviors. It turns out that a person needs care from an early age in order for the brain to correctly establish the secretion of oxytocin.

The life of a person who lacks oxytocin is equivalent to the “survival mode” in the game-facing waves of challenges until the final failure.

Excessive psychological pressure suppresses the secretion of oxytocin, making people temporarily cold and ruthless.

As the saying goes, “I am not a casual person, but I am not a casual person!

“Psychological stress will cause people to focus on themselves, and no matter how much others do.

The so-called “virtue” means putting the interests of others above their own, and showing honesty, enthusiasm, fairness and justice.

Zack found that oxytocin just makes people show “moral hormones” that care about virtues such as others: those who cause charity have higher levels of oxytocin, and using various methods to increase the level of oxytocin in the brain can directly induce good things.

In real life, situations such as soldiers marching and players warming up before the game will cause the brain to secrete oxytocin.

When you are at the peak of oxytocin secretion, you will feel very close to others and eager to help others. This does not become your relatives and friends, but also people who do not know at all.

Human sociality determines that we need to keep in touch with the people around us in order to feel good about ourselves.

Oxytocin is the driving force of this feeling, which allows us to avoid doing things that hurt others, but also to help others.

From the perspective of evolution, Zack believes that oxytocin is a design that can be easily transformed: being a good person can consolidate your substitution in the ethnic group, otherwise it will be easy to be isolated and even destroyed by everyone, so that it will not end well.-Crowds and wolves are the same survival rules.

In fact, if you are friendly to others and others are good to you, you can enjoy the warmth and security of the ethnic group.