[Durian is hot or cold?】 _Attribute_Nutritional Value

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Insects and seas have a right to live in the world. It ‘s a good idea. It ‘s a good idea. It ‘s a good idea. It ‘s a good thing. It ‘s a good idea. It ‘s a good idea.傚懗锛屽疄闄呬笂锛屾Υ鑾叉槸涓€绉嶉潪甯哥弽璐电殑鐑甫椋熺墿锛屽韬綋鏈夐潪甯稿鐨勪繚鍋ュ姛鏁堬紝姣斿鍙互婊嬮槾澹槼锛屽彟澶栭偅浜涜韩浣撳厤鐤姏姣旇緝宸殑浜轰篃鍙互澶氬悆姒磋幉锛屽叿鏈夊己韬仴浣撶殑浣滅敤锛岄偅涔堟Υ鑾叉槸鐑€ц繕鏄噳鎬х殑鍛紵姒磋幉灞炰簬鐑€ц繕鏄噳鎬э紵姒磋幉鎬х儹锛屽洜姝ゅ椋熷鏄撲笂鐏€備竴鑸汉缇や竴澶╅100鍏嬫Υ鑾蹭负鏈€浣炽€備絾鍊煎緱娉ㄦ剰鐨勬槸锛岀敱浜庢Υ鑾插惈鏈夎緝楂樼硸鍒嗗拰閽撅紝鍥犳绯栧翱鐥呫€佽偩鐥呫€佸績鑴忕梾鎮h€呭潎涓嶅疁椋熺敤銆傚姒磋幉涓嶆厧鍚冭繃閲忎細鍑虹幇鐑棸銆佸懠鍚稿洶闅俱€侀潰绾€佽儍鑳€绛夌棁鐘讹紝鍙珛鍗冲悆鍑犱釜灞辩渚垮彲鍖栬В锛屽洜涓哄北绔规€у亸瀵掑噳锛屽彲鍏嬪埗姒磋幉涔嬬儹銆傛Υ鑾蹭笉鑳藉拰浠€涔堜竴璧峰悆鐧介厭姒磋幉鏈€濂戒笉涓庣櫧閰掑悓椋熴€傞厌涓What’s the difference? What’s the difference? What’s the difference? What’s the difference? What’s the difference? What’s the difference? What’s the difference?绠★紝涓鎯呭喌鐨勫嚭鐜帮紝鎵€浠ュ疁灏忓績椋熺敤銆傛甯稿仴搴蜂汉澹篃搴斿繉涓よ€呭悓鏃堕鐢ㄣ€傜敋鑷虫浘鏈夎繃姒磋幉涓庣櫧閰掑悓椋熻嚦姝荤殑妗堜緥锛屽洜姝よ繖涓€鐐瑰繀椤昏灏忓績銆傚湪姒What is the problem with the chains of the monkeys and the monkeys? The chains are harmed by hydrogen and weave it. What is it? 氶 ギ 閰?Hao?閰掔簿褰诲簳鍒嗚В鐨勮€楁椂)涓嶅緱椋熺敤姒磋幉銆備絾澶ч噺椋熺敤姒磋幉鍚庨ギ閰掓槸鍚︿负瀵艰嚧姝讳The Skeleton Master’s work is carried out at ℃, and the temperature is at a low temperature, and the temperature is at a low temperature. It’s a matter of fact. It’s a very difficult problem. It’s a very difficult problem.涓ラ噸鐨勮儍閮ㄤ笉閫傘€傛Υ鑾插悆鍚庯紝澶х害闇€瑕?灏忔椂宸﹀彸鐨勬椂闂达紝璁╀笅鑷繁鐨勮偁鑳冩秷鍖栧共鍑€鍚庯紝鍐嶈繘椋熻瀮锜广€傚北绔规Υ鑾插拰灞Arguing, arguing, arguing, arguing, arguing, crashing, arguing, crashing, arguing, arguing, arbitrarily, arbitrarily, arbitrarily, surviving, survivingIt ‘s very difficult to get it in place. I ‘m stupid. I ‘m fine. I ‘m fine. I ‘m frugal. I ‘m so nervous. I ‘m so embarrassed.€傝崝鏋濆悆姒磋幉涔嬪悗锛屼笉瑕侀鐢ㄨ崝鏋濄€傛Υ鑾叉湰韬氨琛ヤ笖鐑皵鍔犱笂鍐嶇儹姘旂殑鑽旀灊绛変簬鐏笂娴囨补銆傛俯鎬ч鐗╂Υ鑾蹭笉鑳戒笌娓╂€ч鐗╁悓鍚冿紝濡傜墰鑲夛紝缇婅倝锛岀嫍鑲夌瓑浠ュ強娴烽矞銆傚洜涓鸿繖浜涢鐗╃殕灞炰簬鐕ョ儹涔嬬墿锛屽悓鍚冧細涓婄伀鍙戠値鎴栬€呯敱浜庝笂鐏€屽鑷村叾浠栫殑鐤剧梾鎴栬€呰鍙戜互鍓嶇殑鐤剧梾銆傚彲涔愭Υ鑾蹭笉鑳By the way, it ‘s very effective, and it ‘s very effective. It ‘s very difficult to get it right. It ‘s very difficult to get it right or wrong.姒磋幉涓€璧烽鐢ㄥ緢瀹规槗浼氬紩鍙戝績鑴忕梾鐚濇銆?

[Eating indigestible food]_Not easy to digest_Some foods_How to eat

[Eating indigestible food]_Not easy to digest_Some foods_How to eat

In daily life, many friends will have problems such as bloating, stomach pain, stomach indigestion, etc. after eating. This is mainly because some foods are not easily absorbed by the human body. Friends who are more vulnerable to the stomach, You will experience symptoms of stomach upset.

1.

Tremella Tremella is rich in nutrition, as well as the effects of kidney, lungs, and Shengjin, which are popular among the elderly, but clinically, elderly people who have intestinal obstruction due to improper consumption of Tremella are also common.

This is because the elderly have poor digestive functions, and Tremella is not very well digested. If you eat too much at one time or continue to eat more than one meal, it will cause intestinal obstruction.Stop venting the anus, etc., some serious conditions even need surgery.

2.

Caviar Caviar is a nutritious food, which contains a large amount of protein, calcium, phosphorus, iron, vitamins and riboflavin. It can also be replaced. It is a good supplement and nourishment for the human brain and bones, but the elderly must try toEat less, because the caviar is implanted in the plasma, and the elderly do not eat more.

In addition, although the caviar is small, it is difficult to cook thoroughly, it is difficult to digest after eating, and it is easy to have indigestion after eating, which causes diarrhea.

Therefore, the caviar should be cooked thoroughly and not overdone.

3.

Although sunflower seeds are rich in nutrition and delicious, they are not suitable for the elderly.

First of all, sunflower seeds have high oil content, and these oils are mainly unsaturated fatty acids. Excessive eating will not only consume choline in the body, make the body’s trace metabolic disorders, trace deposits in the liver, affect the normal function of liver cells, and cause liver dysfunction.It also easily causes connective tissue hyperplasia, and even induces liver tissue necrosis or cirrhosis.

Basically, some sunflower seeds, such as cinnamon and peppercorns, have certain stimulating effects on the stomach during frying.

4.

Tofu is a common food with high nutritional value, but it should not be eaten by the elderly.

Tofu contains extremely rich protein, but also contains phytic acid and bloating factor. If it is consumed too much at one time and the body will absorb iron, it will also easily cause protein indigestion, abdominal distension and diarrhea.

In addition, the soybeans that make tofu contain a substance called saponin, which can not only prevent atherosclerosis, but also promote the excretion of iodine in the human body, causing iodine deficiency in the human body.

Chinese medicine believes that tofu is cold, so people with cold stomach and diarrhea, bloating, spleen deficiency and kidney deficiency who often have nocturnal emission should not eat more.

[Comprehensive practice of catfish stewed eggplant]_Catfish stewed eggplant_Nutrition diet_Making method

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[Can Tremella help remove moisture-]_ White fungus_How to remove

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[Can tomatoes be eaten with peaches]

銆愯タ绾㈡熆鑳藉拰妗冨瓙涓€璧峰悆鍚椼€慱鍗卞_鍧忓
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[Can I eat green horned melons]_ Green horned melons _ can I eat _ notes

[Can I eat green horned melons]_ Green horned melons _ can I eat _ notes

If the horned melon is green, it means that it is not yet fully ripe, and you can put it again and eat it. This is because when it is not fully ripe, the taste will be poor, and the implanted acid will be more, which may cause indigestion.You can wait until light yellow or orange before eating. It is easier for pregnant women. Pregnant women should pay attention to a balanced diet. It is also good for the body to eat a few horny melons.

The diet during pregnancy needs special attention to balance. In theory, you should eat more nutritious, digestible food.

And the ginseng fruit is rich in vitamins, which is what pregnant women need to pay attention to in order to provide nutrition during pregnancy.

But pregnant women also need to pay attention to when eating.

1. Choose fresh and high quality ginseng fruit.

Any fresh ingredients are good in flavor and high in nutritional value, so many people like to eat them.

When you buy, you should try to buy fresh materials, and you should replenish them as soon as possible. In addition, asparagus is good, but it should not be stored for too long, and it should be stored at low temperature and protected from light.

2. The cooking method should be healthy.

The diet during pregnancy should not be too heavy. Pregnant women should avoid high oil and high temperature for a long time when eating ginseng fruit to avoid getting angry and indigestion.

In addition, the vitamins of ginseng fruit are easily destroyed, so you should avoid cooking at high temperature.

3. It is not advisable to eat more, and to maintain a balanced and comprehensive nutrition during pregnancy. No fruit should be overdone, and the ginseng fruit has a certain coldness. Eating too much will cause harm to the body of pregnant women.

P. ginseng has high nutritional value, and its interior is rich in rich nutrients, which can replace vitamin C and plant fiber, which can promote digestion, enhance physical fitness, effectively enhance the overall quality of the body, and improve the body’s immunity.During the pregnancy, the body is uncomfortable, so the immunity will be affected to some extent, and it will decrease. This is one of the reasons why many women are prone to get sick after pregnancy. Pregnant women eat properly to help strengthen their immunity.

[Can fish roe be eaten by children]_roe_children_can you eat

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[Can the durian still be eaten under running water?]

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Gao Fangzhuan was put on the tight hoop mantra in 2017, only 63 stocks reached the standard (attached table)

Gao Fangzhuan was put on the tight hoop mantra in 2017, only 63 stocks reached the standard (attached table)
Gao Shunhuan was put on a tight mantra. In 2017, only 63 stocks reached the standard. Chongqing Commercial Daily-Upstream Financial Reporter Dan Yu Chongqing Commercial News-Upstream Financial Reporter Dan Yu On the evening of April 4, Shanghai and Shenzhen Stock Exchanges respectively issued”Guidelines for Information Disclosure (Draft for Soliciting Opinions)” (hereinafter referred to as “Guide to High Delivery”).In the forthcoming “Guide to High Transfers”, the authoritative definition of high transfers is made, but the proportion of high transfers is disclosed. The disclosure time is linked to the performance of listed companies and reductions in holdings.Put on the “tightening curse”.  10 to 50% of the new “gate cloud” One of the important significance of this “Guo to send and transfer” is to authoritatively define the standard of high transfer.Among them, the Shanghai Stock Exchange stipulates that high transfers refer to the company’s bonus shares or the use of surplus reserve funds, capital reserve transfer of shares, the total ratio of more than 5 shares for every 10 shares.  The Shenzhen Stock Exchange’s high transfer standard is related to the specific sector where the listed company is located.The main board, SME board, and GEM listed companies required by the Shenzhen Stock Exchange to issue bonus shares for every 10 shares and convert their capital reserve into share capital totaled or exceeded 5 shares, 8 shares, and 10 shares, respectively.From this point of view, 5 shares for every 10 shares are transferred into the common “basics of biology”.  In order to prevent the listed companies from overhyping the concept of high transfers, the Shanghai and Shenzhen Stock Exchanges’ High Transfer Guidelines issued stringent requirements on the performance of listed companies.  The net profit or estimated net profit of the most recent reporting period proposed by the listed company’s proposal for a transfer of stock is negative, and the net profit has fallen by more than 50% or the return after the transfer is less than 0.2 yuan, can not disclose the high transfer plan.This means that companies that are not likely to make a lot of profits or earn a lot of profit will definitely be “not playing”.  There are four conditions that need to be met externally for profit. On the basis of profit, the proportion of high transfers that a listed company can implement is also related to the company’s specific circumstances, including the following four situations: 1.2. The net profit has continued to increase in the past two times, and the proportion of the shares to be paid must not exceed the compound annual growth of the net profit of the company in the last two years; 2.2. Report changes in the implementation of refinancing through mergers, mergers and acquisitions, reorganizations, etc. that cause changes in net assets, the proportion of transfers that can be sent must not be higher than the expansion of net assets at the end of the reporting period of the listed company compared to the beginning period;Net profit has continued to increase in the last two years and the average return in the last three years is not less than 1 yuan. If a listed company believes that it is necessary to disclose a high transfer plan, it is sufficient to fully reveal the main considerations and rationality of the high transfer plan.The return after the conversion is not less than 0.5 yuan (only applicable to high delivery based on annual financial statements).  4.The disclosure time of other high-speed transfers in this Guide to High-speed Transfers is linked to the reduction of holdings by important shareholders and the lifting of the ban on restricted shares.If the company has established shareholders and controlling shareholders and their concerted parties, directors, supervisors and senior management personnel (hereinafter referred to as “relevant shareholders”), the company has not reduced its shareholding in the first 3 months or has a shareholding plan in the following 3 months.High delivery plan.The listed company shall not disclose the high-sale transfer plan within 3 months before and after the expiration of the restricted sale period held by the relevant shareholders.Preventing high transfers from becoming a tool to cover the lifting of bans on restricted shares and reduction of holdings by major shareholders, as well as further breeding of insider trading, market manipulation and other illegal activities.  In 2017, the 63 stocks were “highly distributed” at the height of the 2017 annual report disclosure period, and many listed companies have disclosed dividend distribution plans.The reporter noticed that in recent years, in the form of stricter supervision of “high delivery”, in 2017, many companies chose “dividends” instead of “shares.”According to wind data, as of April 7, a total of 1163 listed companies in the two cities plan to pay dividends, while there are only 284 listed companies with public reserve funds to increase their share capital or bonus plans.  Among the 284 listed companies that have “send transfers”, according to the standards in the “High Delivery Transfer Guidelines” of the two cities, only 63 stocks can be counted as “high transfers.”Among them, there are 18 main board listed companies with a total of 5 shares of bonus shares and conversion of provident fund to 5 shares, 21 small and medium-sized board companies that transfer 8 shares or more for every 10 shares, and 10 shares for every 10 sharesThere are 24 GEM companies and above.Of these 63 stocks, Gao Sheng Holdings and Bayi Iron & Steel Co., Ltd. plan to increase their capital by 10 shares for every 10 shares without dividends. The remaining 61 companies have multiple cash dividend plans.  For each of the 8 companies, more than 10 shares will be transferred. Among the 63 “high transfer” shares that have been disclosed in 2017, the top 15 stocks with the highest total of a series of bonus shares and the accumulation of public reserve funds are shown in the following table:In the annual report, the top 15 companies with the most transfers of shares, the largest transfer of capital is Metano, plans to send 18 shares for every 10 shares, dividends1.5 yuan (before tax), the plan currently includes the board’s preliminary plan stage.According to the company’s annual report, Metino achieved net profit in 20174.8.7 billion, an annual growth of 350.74%, 2017 basic earnings per share1.51 yuan, an increase of 165 per year.28%.According to the company announcement, at the time of the high-speed transfer plan disclosure on November 27, 2017, the relevant shareholders of the company had no plans to reduce their holdings for six months, but the company’s consolidated shareholder Jia Ming and Jiangxi Riyue Tonghui Investment Management Co., Ltd. had a total of nearly 14.61 millionThe lifting of the ban on restricted shares.  Among these 15 companies, it is also worth noting that there is a main board listed company, Celis, which has a higher ratio of transfers and has received two inquiries from the exchange.The company disclosed the plan on February 7, 2018. It plans to distribute a cash dividend of RMB 1 (including tax) for every 10 shares, and at the same time convert the capital reserve into share capital and increase 15 shares for every 10 shares.However, the company’s performance is not particularly “conspicuous”. According to the company’s annual report, the company achieved net profit of 93.85 million yuan in 2017, an annual increase of 36.17%, basic profit income 1.32 yuan.  The company’s board of directors believes that the high transfer plan is legal, compliant, reasonable, and sufficient, and will not cause the company’s working capital expenditure or other adverse effects, which is in line with the company’s current actual operating and financial conditions, while taking into account investorsThe interests of the company and the need for sustainable development of the company, there is no fact that damages the legitimate rights and interests of the company, shareholders and small and medium investors.  After the announcement of the high-speed transfer plan, the company’s stock resumed trading, the daily limit for two consecutive trading days, a cumulative increase of more than 20%.However, the company has received two inquiries from the foreign exchange of the exchange, which mainly include: First, the compound growth rate of the company’s net profit in the past three years is about 22.47%, which does not match this high transfer.In addition, the company has implemented a plan to convert 4 capital shares into 10 capital shares for each half of 2017, and now plans to implement 10 to 15 again, the total difference between the two conversions to share capital.Second, among the initial restricted shares that were lifted in the previous period, the total shares accounted for the company’s total shares.4274% of the company’s shares may be reduced in the next 6 months.Subsequently, the company responded to the exchange’s inquiry and issued two consecutive risk alert announcements.  The New Third Board is now giving 190 shares to 10 new shares. Under the high regulatory pressure of some two cities, more dividends and less transfers have become a new trend of A shares, but the New Third Board frequently appears to send hundreds of shares for every 10 shares.The oversized high delivery was shocking.  On the evening of April 2 this year, Fire Dance Software (872105), a company listed on the New Third Board, released a profit distribution plan for 2017. The company plans to send 120 bonus shares (including tax) for every 10 shares to all shareholders, and increase 70 shares.After the implementation of the release plan, the company’s total share capital is expected to be 708.260,000 shares increased to 14,165.240,000 shares, an increase of 19 times.  It is understood that Fire Dance Software is an online game development company. It officially entered the NEEQ market on September 27, 2017, and it is a new stock that has been listed for less than one year.According to the company’s 2017 annual report, the company’s operating income2.9.8 billion yuan, an annual increase of 58.07%; net profit 5877.09 million yuan, an annual increase of 79.39%; basic profit income 8.57 yuan.As of December 31, 2017, the parent company’s undistributed profit was 8804.740,000 yuan, the capital reserve is 5502.320,000 yuan.  It is obvious that large transfers like Fire Dance Software are not unprecedented in the New Third Board.Many enterprises such as Jiuding Group, Kyushu Quanzhou, Lianchuang Investment, Yikang Intelligent, Aiyongbao, Zhongyin Communication, Longmen Education, Junshi Bio, Daotuo Medicine, and immersive companies have reached 10 per share100 shares.Among them, in 2016 Kyushu Quanzhou transferred 330 shares for every 10 shares; in April 2017, Lianchuang Investment transferred 650 shares for every 10 shares of the capital reserve to all shareholders; in 2014, when Jiuding Group was just listed, it had had1902 for every 10 shares.In the case of 78 shares, the total share capital is directly from 1829.800,000 shares increased to 3.5 billion shares.There is really no more “最” but more “壕”.  Some people believe that for NEEQ companies, the greater significance lies in the fact that after the expansion of the share capital through high transfers, the scale continues to decline, and it can be split for 南京龙凤网 financing transactions, expanding liquidity, and attracting investors to subscribe and increase.In addition, it can attract attention and attract investors’ attention.Now, under the condition that the A-share market’s high transfers are gradually standardized, how long can the ultra-large amount of transfers on the New Third Board last?  The concept of high-share transfers among investors is mostly played by the false Chongqing Commercial News-The upstream financial reporter Wang also focused on the contradictory performance of long-term stock transfers. How do small and medium investors view the “precision and high-standard transfer” phenomenon of regulators?What about it?Business Daily reporters conducted an understanding.  ”The concept of high-send transfers is mostly deceptive.” Li Quan, a shareholder, believes that “except for high-send transfers, which can expand the company’s share capital and can be cashed through major shareholders’ reductions, it has nothing to do with dividends. The true dividends are sufficient for cash dividends.”Li Quan also said,” I rarely participate in the second-share market, because many stocks overhyped the performance of the hype after listing, this is the same as the one-day hype on the first day of listing of new stocks in 2012. It is a game of changing the soup, not the risk.Competitiveness.Regulation by the supervisory layer is conducive to further deepening the value of investment concepts.”Waltz in G major” of the stockholder also believes: “The fundamental factor that determines the breakthrough of the listed company’s gains is performance. High concept transfer stocks, including cash dividends, must be supported by the fundamentals if they are to be recognized by the market.In fact, the positive weight of high bonus transfers and dividends is not as direct as performance growth. Some companies have not paid dividends for many years, but have been growing, thanks to the continuous improvement of fundamentals.Therefore, we small investors can no longer indulge in short-term operations as before, and at the same time continuously encourage value investment, so the selection of outstanding growth stocks is the key to stable income.”Expert opinion promotes purification of the A-share market Chongqing Commercial News-upstream financial reporter Wang also clearly stipulated this time that the high percentage of transfers will be affected by the regulator. How will this affect the A-share market?Li Weixia, chief economist of Fuding Asset Management, interviewed by a reporter from the Commercial Daily, analyzed from the following three aspects: First, dialectical treatment should be given to investors who transfer high-sold shares.Stocks that have implemented cash dividends and stable growth for many years in succession, or stocks that have stabilized and rebounded after the prior period performance restructuring, and stocks that are in line with national strategic policy support, as long as the previous period has experienced a deep decline and has not experienced recent stir-fry, are worth holding for a long time.  Second, investors should stay away from the sub-new stock groups in the high-sale transfer stocks.The listed companies corresponding to this type of stock have not experienced the throbbing of the industry reshuffle, the storm of the real economy’s rise and fall, the business model is still immature, and the overestimation cannot support the expensive burden.Leaders have issued a high-stakes transfer guidance plan, which has the largest dividend for the new shares. It does not rule out the possibility that the new shares will plummet after the holiday. Therefore, investors are better to surpass the main ones.  Thirdly, in the medium and long term, the regulation of high-speed transfers by supervisors has led to the elimination of some funds and illegal behaviors such as insider trading by executive shareholders, further eliminating irrational speculation, and responding to the management of listed companies.Resisting the impact of systemic risks at home and abroad is a new test that helps the company’s business model to grow rapidly and mature, forming an equal situation where company executives and investors share the same sorrows, honours, disgrace and commonality, and standardize the transparency of the securities market information disclosure system.It has a long-term positive impact and helps protect the legitimate rights and interests of investors.  Qian Xiangjin, chief analyst of CITIC Securities, pointed out: “Since 5178, as long as there is speculation in the A-share market, it will soon be wiped out by the policy; this announcement of regulating high transfers is also one of the policies to prevent speculation.Why do leaders hate hype?其实,并不是管理层不希望股市上涨,而是因为在经济处于转型的关键阶段,一旦资金囤积在某个领域形成‘吸金黑洞’,那其他领域就很可能因无法受到资金的青睐而瘫痪,This is expected to make progress in economic transformation and upgrading.This point, while the broader market rose from 2000 points to 5178 points, the reverse transformation of the real economy performed the most prominently, so there was a reference to “extricate from reality” and “precise poverty alleviation”.Therefore, we believe that the consensus on the regulation of high transfers is still essentially an economic policy that is “de-emerging from reality” and is conducive to accelerating the process of internal economic structural adjustment.For A-shares, the immediate difficulties are temporary. As long as the real economy finds a new growth engine, A-share bulls can still look forward to.”

Wangfujing (600859): Olay’s format drives Q2 camp to resume warming, reducing interest income and dragging down performance

Wangfujing (600859): Olay’s format drives Q2 camp to resume warming, reducing interest income and dragging down performance

1H19 results are in line with our expectations Wangfujing announced 1H19 results: revenue 134.

22 ppm, an increase of ten years.

7%; net profit attributable to mother 6.

99 ppm, with a ten-year average of 7.

5%, corresponding to a relative profit of 0.

90 yuan, in line with our expectations; net profit after deduction is replaced by 25 each time.

55%, mainly due to lower interest income and fewer new stores.

By quarter, 2019Q1 / Q2 revenue is +0 each year.

2% / + 3.

4%, net profit is -11 per year.

3% /-1.

8%, the second quarter revenue performance is better than the first quarter, mainly due to the Olay business format.

Development trend 1. The rapid growth of Ole’s 西安耍耍网business has driven Q2 revenue to improve.

Revenue in the first half of the decade increased by ten.

7%, according to business type, department store and shopping mall revenue every once in a while.

67%, the decrease was narrower than Q1, and the flow of people in Q2 picked up; the revenue of the outlet format increased by +22.

75%, maintaining rapid growth, of which Q2 growth rate exceeds 30%, effectively driving revenue growth.

In terms of exhibition stores, Nanchang Wangfujing Shopping Center was opened at the end of June, and the total number of stores increased to 52.

2. Reduced interest income dragged down performance.

Decrease in comprehensive gross profit margin in the first half of the year.

2ppt to 21.

0%, according to the business type, the gross profit margin of department stores and shopping malls increased by 0.

34ppt to 17.

At 6%, the gross margin of outlets fell by 0.

38ppt to 10.

6%.

On the expense side, the sales expense ratio drops by 0 every year.

1ppt to 10.

5%; the management expense rate has increased by 0 in ten years.

2ppt to 3.

6%; financial expense ratio increased significantly in advance1.

2ppt to -0.

1%, mainly due to the increase in interest income and decrease in expenditure.

In addition, due to the implementation of the new financial instrument specification, the company’s holdings of the fair value of Beichen Industrial’s stock brought changes.

USD 300 million was included in non-recurring items, and there was no such gain in the same period last year.

3. Follow-up needs to pay attention to the improvement of operating efficiency and new retail exploration brought about by the reform of state-owned enterprises.

At this stage, the company actively promotes transformation and progress and business efficiency. It focuses on improving the two major business capabilities of customers and goods. The department store format promotes professional management and highlights the characteristics of store operations.The smart store project accelerates the improvement of online operation capabilities and the electronicization of members.

In addition, the transfer of the shares held by Wangfujing Dongan to BTG was completed in May. After this free transfer, BTG directly held the company26.73% of the shares, became the controlling shareholder, optimized the follow-up incentive mechanism and exerted synergies between the two parties, striving to bring quality and efficiency to the company’s operations.

Earnings forecasts and estimates Maintain current earnings forecasts.

The current total corresponds to 9/8 times P / E in 2019/2020.

Maintain Outperform rating, but lower TP based on overall downward pressure on the physical department store industry.

7% to 20.

0 yuan, corresponding to 13/11 times P / E in 2019/2020, with 36% growth space.

Risk consumption continued to weaken; the incubation period for new stores was extended.杭州夜网