[How to make cold needles for fans]_Homemade ways for cold needles for fans_How to make cold needles for fans_How to make cold needles for fans


[How to make cold needles for fans]_Homemade ways for cold needles for fans_How to make cold needles for fans_How to make cold needles for fans

Many of us may not cook in our lives when we leave our parents and live alone.

We must learn to cook. We ca n’t eat takeaway every day, and the food outside is not necessarily clean.

Let ‘s first introduce the method of fans of cold needles. After reading it, you must try it yourself.


Wash the enoki mushroom, cut off the tail, and let it simmer for 1 minute.


2 pot boil water, add the fans and cook.


Grate the cucumber with a grater.


Remove the vermicelli and enoki mushrooms and cool them.


Put all ingredients together, add salt, sesame oil, chicken essence, pepper oil, vinegar, and stir well.


Platter, sprinkled with black sesame seeds.

I ‘ve finished the introduction of this recipe for fans of cold salad, so when everyone is cooking, I also remind you that you must do it carefully to achieve a delicious alternative!

Tianrun Dairy (600419): Actively lay out external market reforms in upstream regions to meet opportunities

Tianrun Dairy (600419): Actively lay out external market reforms in upstream regions to meet opportunities

Event: The company’s 2019H1 achieved operating income8.

23 ppm, an increase of 13 in ten years.

52%; net profit attributable to mother, 7,756.

330,000 yuan, an increase of 11 in ten years.


Among them Q2 realized operating income4.

$ 7.5 billion, an annual increase of 11.

79%, net profit attributable to mother is 4664.

230,000 yuan, an increase of 12 in ten years.


The region achieved rapid growth and the regional external market was adjusted vertically. In the first half of this year, the company adjusted and formed the management framework of the five major marketing centers in northern, southern, northern, eastern, and southern China.Make layout adjustments to achieve vertical management and refined marketing.

For the key promotion categories, an independent milk beer department was set up for professional operations.

With the deepening of the reform, the Xinjiang market achieved rapid growth, and the Xinjiang market achieved sales revenue in the first half of the year.

The 31 ppm, 10% + growth boosted double-digit sales growth for two consecutive quarters.

Realizing sales income in the extra-territorial market 2.

USD 8.9 billion, the growth 杭州夜生活网 rate of the extraterritorial market slowed down every year, mainly due to the impact of the adjustment of the marketing organization structure in the first half of the extraterritorial market.

Costs rose, and gross profit margin remained stable. In the first half of this year, the price of raw milk showed an upward trend, and the company’s raw milk cost increased by about 5%.

However, the company’s gross profit margin remained stable or related to the improvement of product structure.

2019H1 company gross profit margin 27.

44%, basically the same as the same period last year, a slight increase of 0 compared to 2018.

18 units.

At the same time, the listing of new products also contributed to the increase in gross profit margin.

In 2019H1, the company launched more than ten new products such as “Apple yoghurt” yogurt, charcoal-burning glass bottle yogurt, Huayan Qiaoyu milk, etc. The market response is better.

Expense rate during the company’s 2019Q2 period was 13.

63%, a decrease of 0 compared with the same period last year.

43 units, down 1 from the previous month.

The total of 45 is mainly the sales expense ratio from 11 in 2019Q1.

03% dropped to 10.

05%, the management expense rate is 3 from 2019Q1.

97% dropped to 3.


Layout upstream to ensure the supply of raw milk in the first half of 2019, the company achieved sales of dairy products9.

33 Initially, an increase of 16 over the same period last year.


At present, the company has 60% of its own milk sources. In the first half of 2019, the company optimized its organizational structure and steadily promoted the construction and operation of pastures. As of the end of June 2019, the company had 16 large-scale dairy farms and about 2 large-scale dairy cows.

310,000 heads, producing high-quality fresh milk5.

30 ounces.

In July this year, the company completed the acquisition of Xinjiang Tianrun Behuotai dairy farming equity. Recently, the company carried out a cash increase of 70 million yuan, and the company further went upstream as a source of milk. Earnings forecast The company announced the preliminary rights issue financing plan, and the scale of funds to be raised does not exceed 4.

US $ 5 billion, after deducting the issuance expenses, will be used for a 40-ton-daily milk beer transformation project, a 3,000 large-scale dairy demonstration farm construction project, supplementary working capital, and repayment of bank loans.

The funding may be completed in the second half of this year, showing the company’s strategic thinking of pushing milk beer to the whole country.

We are optimistic about the long-term growth capabilities brought about by the company’s expansion outside the territory, and the further increase in the territory’s internal market leader. We predict that the company’s operating income will increase by 15 in 2019.

5%, net profit attributable to mother increased 16.

83%, achieving EPS 0.

64 yuan, corresponding to an estimated 22 times.

Given a 28x target estimate, the target price is 17.

92 yuan, giving an overweight rating.

Risks indicate that the price of raw materials has increased significantly, the external development of the company’s territory has fallen short of expectations, major defects in the company’s management, and food safety accidents have occurred.

Topway Information (002261) Annual Report for 18 Years & Quarterly Review for 19Q1: Significant Growth in First Quarter Performance

Topway Information (002261) Annual Report for 18 Years & Quarterly Review for 19Q1: Significant Growth in First Quarter Performance

First, the event overview The company released the 2018 annual report and the 2019 first quarter report.

The company achieved operating income in 201811.

85 ppm, a five-year increase of 5.

92%, education business revenue ratio replaced 65.

56%; net profit attributable to mothers may increase by 13.

66 trillion, down 2158 a year.


The severe distortion of net profit was mainly due to the provision for impairment of Haiyuntian Technology, Hot Information and Long March Education Goodwill12.

8.8 billion.

Realized operating income in the first quarter of 20192.

51 ppm, a five-year increase of 5.

96%; net profit attributable to mother was 1180.

190,000 yuan, an increase of 351 in ten years.


Second, analyze and judge to cooperate with Huawei to promote education informatization.

0 Demonstration site construction, B-side and C-side business collaborative development of B-side smart education business, the company has built three major educational informatization based on Huawei Cloud2.

0 Benchmarking Demonstration Point-Changsha Online Learning Center, Yiyang Smart Education and Tongren Smart Education Cloud Platform.

At present, the Changsha Online Learning Center for Primary and Middle School Students has presented 3,000 course packages covering more than 800 schools in Changsha and gathered more than 140,000 students. It is expected to replicate this model and expand rapidly in other places to increase performance.

In terms of C-end business, 717 new smart campus schools were newly built in 2018, gradually reaching 1,221, and the number of users increased from 30.

830,000 to 60.

230,000, 95 axial.


Wonderful composition users from 48.

90,000 to 61.

20 thousand, nervousness is 25.


In addition, the company joined hands with Huawei to create a smart campus ROBO all-in-one solution that will add personalized intelligent design to the company’s integrated smart campus teaching management solution to promote business expansion.

Successively won the bid for large-scale computer examination service projects, the industry leaders merged and consolidated. 2018 is the first year of the national unified legal professional qualification examination to implement the computerized test. Haiyuntian Technology successfully won the national unified legal professional qualification examination national computerized examination in May 2018.Technical service project.

In September, Haiyuntian Technology successfully completed 31 provinces (autonomous regions, municipalities) in Xinjiang, Xinjiang, Hong Kong and Macau, a total of 303 test areas, 916 test sites, 10748 test rooms, 60.

More than 40,000 candidates of the national unified legal professional qualification examination subject questions computerized examination technical services.

Haiyuntian has recently won the bid for the computerized examination service of the National Uniform Legal Professional Qualification Examination for 2019-2021, which is expected to bring nearly 200 million sales revenue for Haiyuntian Technology in the next three years (excluding provincial seat fees and regulatory examination 苏州夜网论坛 fees).Will further increase performance.

In addition to judicial examinations, Haiyuntian has won successive bids, and many other national computer examination services, including computerized examination services for the securities industry qualification examination from 2018 to 2020, paperless accounting and technical examinations for 2018 andScoring technical service projects and national college English four and six test services.

Third, the investment recommendation was raised to the recommended level.

The company’s quarterly report reached 351.

The 31% net profit growth rate, the first quarterly report indicates that the company’s net profit attributable to mothers from January to June 2019 is expected to achieve multiple growth rates of 50% to 100%, and the interim report is expected to achieve net profit attributable to mothers at 2139-2851.

520,000 yuan.

Considering that the company has strong channels and high-quality educational resources for many years, as a leader in the field of examination service segmentation, it has continued to develop in-depth cooperation with Huawei in the field of education informatization compared with the conversion of large projects.

The EPS for 2019-2021 is expected to be 0.14/0.


23. The PE at the current price is 49X / 35X / 29X, which is higher than the comparable company ‘s 19-year median indicator 39X (wind data). However, considering the company ‘s high performance this year, the prospect of education informatization and the prospect of cooperation with Huawei are good.Next, consider the overall upgrade to the recommended level.

4. Risk warning: industry competition intensifies; business expansion is less than expected