[How high is the static of the conch?


[How high is the static of the conch?


The benefits of regular consumption of conch for people’s health are many. Conch contains many nutrients needed by the human body. After consumption, it also has many benefits for people’s health, but for people who are losing weight, the most concerned is conch.The problem is that, in general, in life, the transition to higher foods is usually not recommended to eat too much, eating too many high content foods affects physical health.

Is the conch’s toxin high?

For every 100 grams of conch contained about 132 kcal of transformation, the conversion of conch is not high.

The benefits of eating conch for women1, edible field snails have a significant effect on odor.

2, hangover snail has the effect of hangover, suitable for drunk people.

3, Mingmu Conch has the effect of clearing heat and brightening eyes, and benefiting the stomach.

4. The relative molecular weight of conch conch can be eaten during weight loss.

5. Qingfei Conch has certain effects on abdominal pain, lung heat and dryness, and drowsiness in both eyes.

6, enhance immunity Conch is rich in protein and amino acids, as well as a large amount of zinc, has a strong effect on enhancing immunity.

7, take a raw snail for years of treatment, wash the dry inside, wipe the snail mouth open, take Huanglian a snail mouth, let the snail drink Coptis juice, take the juice with a cotton injection, and hit the middle.

8. Calcium supplement Conch meat is rich in calcium, magnesium and selenium, which has a certain corrective effect on arteriosclerosis and cardiovascular diseases.

Children and the elderly often eat a certain amount of calcium deficiency in the body.

Conch has a nutritional value of 1 and contains 137 calories per 100 grams of conch.

2. Conch meat is rich in protein and higher in content than mutton.

3. Each 100 grams of fresh conch meat contains 24 grams of protein, 4 grams in trace amounts, 65 milligrams of cholesterol, 0 and 15 grams of unsaturated fatty acids, and 206 milligrams of sodium salt.

4. Conch is rich in vitamins and essential amino acids and trace elements. It is a typical natural animal health food with high protein, low feces and high calcium.

Consumption effect 1. Conch has the effect of clearing heat and eyesight, and improving spleen and stomach.

2. Conch has certain effects on heart pain, lung heat and dryness, and drowsiness in both eyes.

3, the snail has a sobering effect, suitable for drunk people.

[Can black chicken be stewed with white radish]_ making method _ practice Daquan

[Can black chicken be stewed with white radish]_ making method _ practice Daquan

Chicken is a kind of food that every household in our country will eat. One of them is the black chicken. This type of chicken is rich in nutrients, which has a good nourishing effect for people who have recovered from serious illness, and helps the recovery of body transformation.

And white radish is also a very good healing ingredient in vegetables. These two kinds of food can actually be stewed together, and they can also play a joint effect.

First, black chicken can be eaten with white radish at the same time, because white radish has nourishing effect, and black chicken is also nourishing qi and nourishing blood, warming up and strengthening the body, so black chicken and white radish can be eaten at the same time without conflict.

Second, the efficacy of black chicken: nourishing yin and clearing heat, nourishing liver and kidney, strengthening spleen and relieving diarrhea, and other modern medical research. Black chicken is rich in melanin, protein, B vitamins and other 18 amino acids and 18 trace elements, including niacin,The contents of vitamin E, phosphorus, iron, potassium, and sodium are higher than those of ordinary chicken, but the plasma and trace contents are very low. The total serum and globular protein contents of black chicken are significantly higher than those of ordinary chicken.Chicken, and iron content is much higher than ordinary chicken, is a tonic with high nutritional value.

Black chicken contains human inedible lysine, methionine and histidine, which have a very high nourishing medicinal value, especially the melanin which has a very high nourishing medicinal value. It has nourishing yin, nourishing kidney, nourishing blood, adding essence, and benefitsLiver, antipyretic, tonic effect.

Can regulate human immune function and anti-aging.

Since the old copyright “medicine chicken”.

For postpartum deficiency, lack of milk and qi and blood deficiency caused by irregular menstruation, uterine deficiency, cold menstruation, abdominal pain, bleeding under the band, body weakness and other symptoms, can be very effective.

Black chickens have a good tonic effect on all debilitating diseases of the elderly.

Although black chicken is a tonic, it can produce phlegm, help fire, heat and wind, so the body fat and evil qi are excessive. Those with unclear evil and severe skin disease should eat less or avoid it. It is also not suitable to eat when suffering from severe external sensory diseasesAt the same time, avoid spicy and greasy, tobacco and alcohol.

In addition, white radish also has many effects: 1.

Strengthening the immunity and inhibiting the growth of polymers is of great significance in preventing cancer and fighting cancer.

2. Promote digestion Radish is called “natural digestive agent”. The rhizome part contains amylase and various digestive enzymes, which can break down starch and small amount in food, promote food digestion, relieve chest tightness, and inhibit hyperacidity.

Helps stomach peristalsis, promotes metabolism, and also detoxifies.

3, protect the stomach and promote the role of gastric juice secretion, so that the stomach and gas to a good condition.

4. Lowering blood fat Eating radish can lower blood fat, soften blood vessels, stabilize blood pressure, prevent coronary heart disease, arteriosclerosis, gallstones and other diseases.

Black chicken stew with white radish is indeed very effective, and black chicken can be stewed with white radish, and it can also be used as a soup. Some shrimps are added, and the taste is particularly good.

However, white radish is prone to dehydration. When buying, be sure to buy some fresh and watery radish.

Black chicken is also so, you can fry it with oil before stewing, so it will save a lot of time when fried.

[Efficacy and role of sweet potato]_Sweet potato_Benefit_Inevitable

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[How to eat pig’s trotters for breast enhancement]

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[Honey braised pork]_Honey braised pork_How to do_How to do

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China International Travel Service (601888) 2019 Third Quarterly Report Review: Focusing on Tax-Exempt Business’s Third Quarterly Performance

China International Travel Service (601888) 2019 Third Quarterly Report Review: Focusing on Tax-Exempt Business’s Third Quarterly Performance

Event: On October 30, China National Tourism Administration released the third quarter report of 2019, and the company achieved operating income of 355 in the third quarter before 2019.

8.4 billion, an annual increase of 4.

35%; net profit attributable 西安耍耍网 to mother 41.

960,000 yuan, an increase of 55 in ten years.

09%; net profit deduction for non-attribution to 34 was realized.

170,000 yuan, an increase of 26 in ten years.


The company achieved the highest yield2.

15 yuan.

  Investment points: The company divested the travel agency business from February 2019. As the travel agency business is an asset-heavy, labor-intensive, low-margin, and low-growth business, from the perspective of financial indicators, replacing the travel agency business is beneficial to the improvement of the company’s financial indicators.

The growth rate of the company’s operating income is forecast, and the growth of gross profit margin has increased. The company’s gross profit margin in the first three quarters of 2019 was 51.

16%, compared with 41 in the same period last year.

苏州桑拿网38%, an increase of 9.


From an operational perspective, focusing on tax-exempt business and seizing the changes in the era of consumption upgrades and consumer refunds will promote the company’s further development.

  The report summarizes that the actual controller of the company, the State-owned Assets Supervision and Administration Commission of the State Council, transferred 10% of the company’s controlling shareholder, China Tourism Group, to the Social Security Foundation for free.

This transfer is in accordance with the State Council’s “Implementation Plan for Transferring Part of Domestic Capital to Enrich Social Security Funds” and is an important substitute for strengthening the construction of the social security system.

The transfer did not change the actual controller of the company.

Social security funds accepting state-owned enterprises ‘equity can realize diversification of state-owned enterprises’ equity, improve corporate governance, and help explore the establishment of a reasonable dividend mechanism for traditional equity.

  Shopping festivals such as “Double 11” in the market competition have impacted tax-free sales, but we are optimistic.

Firstly, the e-commerce shopping festival has a long history. For example, Tmall’s “Double 11” is the 11th this year. The popular scene of “Double 11” in previous years can not affect the high annual growth of tax-free sales. Second, the pulse type of the e-commerce shopping festival.Impulse consumption and tax-free consumption have consumer decision-making methods and the essential differences in shopping patterns. Tax-free shopping is based on accompanying shopping with entry-exit behaviors, the increase in the number of entry-exit populations, the increase in tax-free penetration, and the increase in per capita tax-free consumption.Change, the logic of tax-free consumption growth will not change; again, in the national policy framework that encourages consumption, tax-free bears the responsibility of guiding the return of consumption, in other words, the direct entry of China-Exempt is to overseas travel retailers, not domestic onesIn this sense, the e-commerce platform is a complementary “comrade-in-arms” relationship between China Exemption and domestic e-commerce.

  The company will invest 128.

The first phase of the construction of the Haikou International Duty-Free City Project of 600 million US dollars, including the first phase of a tax-free commercial complex, apartments and residential buildings, will be completed in 2022.

This investment scale budget, but because of the phased expenditure, rolling development, and real estate projects are expected to quickly withdraw funds, the overall funding pressure is less.

In 2018, Haikou / Sanya ‘s tax-free income accounted for 7% / 15% of the total tourism revenue. After the project is completed, it is expected that the scale of Haikou ‘s outlying islands ‘tax-free income will improve.

  According to the latest Moddie Davitt report, in 2018 the global travel retailer ranked fourth in the rankings, up four places after Dufry, Rakuten and Silla.

The company’s tax-exempt business has developed steadily, and its proportion in the domestic tax-exempt market has continued to increase.

Duty-free shops in Beijing, Dalian, Qingdao, Xiamen, and Shanghai for overseas tourists have been opened one after another. Among them, Shanghai shops are expected to open to domestic shop bookings for Chinese people, airport payment pickup services, and city shop policies are expected to make breakthroughs.The increase in competition revenue has significantly improved the company’s performance.

The company vigorously promotes international expansion, and the territory of tax-free business is expected to continue to expand.

The company’s EPS is expected to be 2 in 2019 and 2020, respectively.


61 yuan, corresponding to PE is 35/30 times, maintaining the “recommended” level.

  Risk reminders: 1) International political security situation affects inbound and outbound tourism; 2) RMB exchange rate conversion; 3) Hainan outlying island tax-free passenger flow growth is less than expected; 4) Newly opened airport store sales are less than expected.

Wanhe Electric (002543): Additional revenue but good operating quality

Wanhe Electric (002543): Additional revenue but 南京桑拿网 good operating quality

1H19 results are in line with our expected 1H19 results: operating income 35.

5 ppm, five-year average of 5.

7%; net profit attributable to mother 3.

30 ppm, an increase of 19 years.


Corresponds to 2Q19 operating income of 15.

3 ‰, the ten-year average of 4.

1%; net profit attributable to mother 1.

52 ppm, an increase of 16 in ten years.


The company’s performance is in line with our expectations.

The company’s revenue is gradual, mainly due to the sluggish domestic sales and exports facing Sino-US trade friction.

Although the company’s revenue decreased, its product pricing was stable, its gross profit margin increased, its cash flow was good, and its operating quality was maintained.

1H19 business analysis: 1) Affected by land cycle and economic cycle, domestic 杭州桑拿网 main business revenue was 22.

4 ‰, the ten-year average of 4.


Among them, the revenue of gas water heaters increased by 9 per year.

1%, showing very strong competition and market advantages.

2) The company actively explores the market and responds to challenges.

Opened 1160 offline outlets and over 1 sales outlets.

60,000, achieving full coverage of the primary and secondary markets, and high coverage of low-tier markets.

This drives traditional channel sales revenues to increase by 2 per year.

8% to 13.

5.5 billion.

3) Exports are affected by Sino-U.S. Trade friction. Exports to the United States account for company revenue?
23%, of which the main product oven has been levied tariffs.

Export revenue 12.

7 trillion, five years ago 5.


1H19 financial analysis: 1) Gross profit margin increased significantly 6.

7ppt to 33.

4%, mainly benefiting from the increase in the proportion of high-margin gas water heaters, the decline in raw material costs, the decline in the increase rate in the second quarter, and the increase in the gross profit margin of the export business driven by the depreciation of the RMB.

Most importantly, in the context of a floating market, the company insisted on pricing and did not give up profits for sales.

2) Selling expenses increased significantly by 22%, mainly to support active domestic outlet development.

3) Qianhai Equity Investment Fund received the dividend 0.

4.3 billion.

4) Operating cash flow.

5 ‰, previously + 69%, and the amount is significantly higher than the net profit.
Development trend The real estate completion data in the first half of the year is still increasing, and there is no peak in house delivery as expected by the market.
But from January to July 2019, the floor space of new houses started to grow by more than 9%.

5%, if 4Q19 can form a peak for real estate delivery, we expect the industry’s growth rate to improve in 2020.

Earnings Forecasts and Estimates We maintain our 2019 / 20e EPS forecast at 0.

77 yuan / 0.

89 yuan.

Maintain Neutral rating and 11.

Target price of 23 yuan, corresponding to 14.

6x 2019 P / E ratio and 12.

6 times 2020 price-earnings ratio, 17 compared with the same period last year.

4% upside.

The current sustainable correspondence is 12/2019/2020.

4 times / 10.

7 times price-earnings ratio.

Risks: Sino-US trade friction risks; risk of fluctuations in demand for water heaters and kitchen appliances caused by the real estate cycle.

The “long-distance running” red and black list of active equity explosion funds: differentiation is obvious

The “long-distance running” red and black list of active equity explosion funds: differentiation is obvious

Original title: At the beginning of the new year of the “long-distance running” red and black list of active equity funds, active equity funds ended their fundraising early, and the actual scale of fundraising exceeded 10 billion.

On January 14th, three active funds that just started raising funds announced that they were “sold out in one day”. Prior to this, the actual fundraising scale of the product exceeded 50 billion U.S. dollars, and the popularity of investors’ equity products was evident.

As a popular explosive product, investors are naturally optimistic about its future long-term income. Then, what was the result of the “active long-distance running” fund of active equity explosion funds?

How many products can make money for investors?

Investors should pay attention to some risk factors in the layout?

  The booming market is warming up and the star manager “Halo” is affected by factors such as the obvious fund-making effect of public fundraising in 2019 and the upward trend of the stock market in the new year. Since 2020, many active equity funds have ended the fundraising in advance.

On January 14, Yinhua Technology Innovation Mix, Penghua Technology Innovation Mix, and Hongde Fengrun’s three-year shareholder mix issued announcements that they would advance the termination date of donations to January 13.

  It should be noted that the issuance date of these three funds was changed to January 13th, and the phenomenon of “oversold three times a day” is really rare.

According to channel sources, the fundraising scale of the two science and technology theme funds on the day was between 4 billion and 6 billion, far exceeding the scale of 1 billion US dollars. Hongde Fengrun held a mixed fundraising scale of more than 60 in three years.Billion.

  At the time when Guangfa’s technology innovation mixed day attracted US $ 30 billion in gold has not subsided, it recently reappeared the explosive fund, and this time it was 54 billion yuan.

On January 9th, the Bank of Communications Schroder Fund issued an announcement saying that its subsidiary Bank of Communications kernel driver hybrid had ended its fundraising on January 8.

At the end of the day, the cumulative effective subscription application amount has exceeded the upper limit of 6 billion US dollars raised in the fund’s issuance announcement.

According to the regulations, the fund manager will use the principle of “apocalyptic ratio confirmation” to partially confirm the effective subscription application on that day, with a ratio of approximately 11.


  If calculated according to the above data, on January 8th, the actual fundraising of BOCOM kernel-driven hybrid was about 542.

500 million yuan.

Regarding this situation, a person in the marketing department of a large fund company frankly said, “It’s quite unexpected, Bank of Communications Schroder has always been very low-key, and did not expect to be able to raise so much funds this time.”

  Regarding the recent hot outbreak of active equity fund raising, insiders of a certain public offering admitted that it was the result of multiple factors.

First, for the whole of 2019, the A-share Shanghai Composite Index expanded by 22%.

3%, higher than that, active equity public offering funds showed significant excess returns, and the average net value of ordinary equity funds rose by as much as 47.

35%, the average return of partial stock hybrid funds also exceeded 34%, the performance of five products doubled.

Under the structure of the market, the concept of “buying stocks is worse than buying funds” has gained popular support.

  In fact, since the beginning of 2020, the trend of A-shares has risen rapidly, and once again stood at 3100 points after 8 months, the confidence of investors has increased significantly, and the professional investment value of the fund has once again appeared.

In fact, the country ‘s recent policy support in new energy and 成都桑拿网 RRR cuts has all benefited the stock market, and equity funds that have invested in the stock market have also been favored.

In addition, for fund companies, the first product of the new year usually chooses fund managers with good long-term performance or outstanding performance in the past year to take the helm. Under the prominent effect of “star fund managers”, plus banks, brokers, and third-party salesThe push of other channels is also prone to explosive products.

  Long-term fund senior judge Wang Yan also pointed out that according to overseas experience, changes in investor investment behavior are generally a path from active trading to high-performance funds to entrusted accounts.

At present, it seems that China has reached the stage of high-performing funds. The concept of selecting funds is to choose people. The concept of selecting funds is deeply rooted in people’s hearts and has rich management experience. Both outstanding fund managers and higher investor recognition have also promoted the concentration of investors in the distribution of high-performance funds.The manager’s new product appeared.

  Over 70% of the explosive products with obvious differentiation are currently earning. In fact, as a major feature of the public fund issue market, explosive funds are often carried with many investors’ expectations for the long-term performance of fund products.

So far, how many active equity funds have made money for investors?

A reporter from Beijing Commercial Daily on the Oriental Fortune Choice data platform, with a lower limit of 10 billion U.S. dollars and a period of operation of more than three years, chooses products that are mainly subscribed by investors spontaneously, that is, the total fund launch size exceeds 10 billion U.S. dollars.On January 14, every year, five “national team funds” were eliminated, and a total of 29 active equity explosive products were screened.

  From the perspective of yield, according to Oriental Fortune Choice data, from the first day of establishment to January 14, 2020, out of 29 former explosive funds, a total of 22 positive returns, accounting for 75 of the total.


Among them, Southern Outstanding Growth Hybrid A to 486.

91% of net worth acidity ranked first, followed by Huaxia Classic Mix and Easy Fonda Value Select Mix, respectively, achieving 413.

45% and 388.

82% yield.

Including the above three funds, more than 12 have yielded more than 100% since its establishment.

Instead, if the investors participating in the subscription of the 12 explosive funds mentioned above have held so far, their principals involved in the floating profit are more than 100%.  However, while the yields of some products are eye-catching, 7 explosive funds have been established and are still replacing them.

Specifically, as of January 14, ICBC Internet Plus Stock has been 57 since its establishment.

7%, the unit net value is about 0.

42 yuan.

In fact, E Fund’s new normal flexible configuration configuration can also be 52.

8%, the latest net worth is about 0.

47 yuan.

In addition, the five powers of rich country reform mixed, China Post core growth mixed, China Post Prosperous mixed, China Post information industry flexible allocation of hybrid and Castrol event-driven stock 5 funds all exceeded 10%.

  For a number of underperforming funds, a reporter from the Beijing Commercial Daily tried to interview some of the fund companies mentioned above. A fund practitioner who declined to be named believes that there are two main reasons.

The first is the time when the fund was established. He pointed out that from the time when the replaced fund was established, 5 of the 7 products were established between the end of April 2015 and the beginning of June 2015. At that time, the stock market was at a relatively high level of 4400-5100 points.Within the range, the corresponding individual stock breakthroughs also generally exist at high points. At present, the broad market is near 3100 points, and some stocks invested by funds have evolved to remain relatively low, which has led to the fund’s net value remaining below 1 yuan face value.

  Second, the huge scale of the fund has also brought some difficulties to the rapid return of capital in the short term and the realization of profits.

He pointed out that after the establishment, the fund ‘s net asset value of more than 10 billion US dollars will also consider the fund manager ‘s large and comprehensive layout based on the consideration of the stable operation of the product.

The scale and market structure of the market are obvious, and multiple stocks with significant growth rates are mainly concentrated in several themes. Therefore, the growth of one or several stocks has a much smaller impact on the overall return of the fund than the smaller funds.

For these explosive products that are still in the expected state, it may take longer to return to above par value.

  In addition, insiders of a large fund company believe that the investment strategies and tenure of fund managers and related investment research teams are also a blocking factor.

He pointed out that the investment styles and investment research strategies of different fund managers and their teams are good. When the market style rotates, fund managers who are good at selecting and arranging stocks in the current cycle are often easier to achieve.Increase in fund net worth.

On the contrary, it may show a long-term net value sudden change, or even longer.

In addition, if the fund manager is constantly changing, causing the fund style to drift, it will also make it difficult for the fund’s net worth to grow steadily.

  As the insider said, taking China Post’s core growth mix as an example, according to the data of Tiantian Fund Network, since the fund was established in August 2007, there have been 13 changes in fund managers.Looking at it, the longest is 6 years and 108 days, while the shortest is only 171 days.

  The “helmsman” is that core investors should start from their own needs. In fact, the explosive funds established when the market is relatively high are not products that have not obtained excessive returns.

Among the 12 funds mentioned above, which have yielded more than 100% since their establishment, Dongfanghong China, which was also established in April 2015, has a mixed advantage, and the initial fundraising scale is about 138.

5.6 billion yuan.

While the Shanghai Composite Index is still down nearly 20% from that time, the fund’s yield has been as high as 103 since its establishment.


  In addition, according to Oriental Fortune Choice data, the Invesco Great Wall Shanghai-Hong Kong-Shenzhen Select Stocks, which was established in April-June 2015, Huitianfu Medical Services Mix and ICBC Abundant Reporting Flexible Configuration Mix, until January 14,It has also risen 22 since its establishment.

5%, 30.

3% and 40.


  A person from a Shanghai-based medium-sized fund company bluntly stated that after the operation time has been extended, the impact of the overall market trend in the short term has gradually been divided.The proportion of particle size in product performance.

As a professional investor and fund manager, we have the obligation to fulfill our responsibilities of “managed wealth management”.

Investors should also select fund managers and fund managers that meet their personal preferences in order to have better long-term investment and research capabilities in this process.

  The insiders of the above-mentioned nominal public offering also believe that investors should pay more attention to the product itself, including the term, scale, strategy, and direction of the investment, in the product layout. On the basis of meeting their own risk appetite, choose a performance-performing fund with stable long-term performance.Managers and fund companies must not blindly follow the trend of “explosive models” and “attractions”.

At the same time, the mentality of “buying up but not buying down” that most investors still need to be changed, because “exploding funds” may also become “magic.”

  Regarding the current investment strategy of investing in explosive funds, Wang Yan suggested that the size of the explosive funds with closed periods should be reduced. In some cases, closed funds should be closed for a period of time. For example, Xingquan would be closed for two years. CEIBS would be closed for three years.When you choose to trade on the market, you will generally face discounts ranging from 5% to 10%. If the market conditions are not good, the discount may be higher, and it will be a better time for low-level layout in the future.

At the same time, there is no obstacle to paying attention to the management of old products by star fund managers, because new fund issuance is generally in a period of high market enthusiasm. New products may miss this wave of market conditions during the opening period, while old products are still in effect andThere is a certain position, restarting every growth market.

One-week fund performance: The increase in equity-based net value decreased by an average of 0.


One-week fund performance: The increase in equity-based net value decreased by an average of 0.


Last week, the A-share market fluctuated and fell, and the Shanghai stock index fell 1 week.

19%, closed at 2938.

At 14 o’clock, the Shenzhen Securities Index fell by one week.

38%, ChiNext Index fell 1 week.

09%. From the perspective of Shenwan ‘s first-level industry, except for the media, medical and biological, and leisure services sectors, which increased slightly last week, the rest of the sectors declined to varying degrees.

Among them, non-ferrous metals and electrical equipment have expanded first, with single-day declines exceeding 3.


In this context, the net value of equity funds decreased by an average of 0 last week.

75%, 87 of the 398 products except statistics increased in net worth.

The net value of index funds is expected to decline by an average of 1 last week.

28%, the net value of 106 of the 927 products divided into statistics rose, and the fund with a medical and biological theme led the week.

The net value of hybrid funds decreased by an average of 0 last week.

57%, the net value of 611 of the 3249 products divided into statistics increased, accounting for nearly 20%.

The net value of QDII funds was expected to grow by an average of 0 last week.

76%, the QDII of investment real estate and technology stocks led the week, 233 of the 265 products divided by statistics increased net worth, accounting for nearly 90%.

  On the open market, last week’s breakthrough was through reverse repurchase and MLF investment of 30 billion US dollars and 200 billion US dollars. Looking at the whole caliber, net investment of 230 billion US dollars throughout the week, the overall funding was tight, and overnight Shibor interest rates increased slightly during the week.

Against this background, the net value of bond funds was expected 无锡夜网 to grow by an average of zero last week.

01%, 1452 of the 2681 products divided into statistics increased the net value, accounting for over 50%.

The short-term wealth management debt-based income expansion money fund has an average annualized return of 2 in the last 7 days.

61%, 2.


  For equity funds, the theme of ABC Healthcare’s healthcare rose with weekly net worth.

75% came first.

For index funds, Taikang CSI Hong Kong Stock Connect C performed the best during the week, and its net worth rose during the week.


As for hybrid funds, Ping An Healthcare’s net worth increased during the week.

68%, the best performance.

For bond funds, South China Ruixin will start at 2 this week.

The increase of 23% ranked first.

Among the QDII funds, Penghua US Real Estate won the first place this week, and its net worth rose.


UFIDA (600588): Cloud business doubled with good performance growth

UFIDA (600588): Cloud business doubled with good performance growth

Investment Event: 2019 Semi-Annual Report: Operating Income 33.

1.3 billion, a growth rate of 10.

2%; net profit attributable to mother 4.

8.2 billion, a growth rate of 290.

1%; net profit of non-attributed mothers 2.

6.4 billion, a growth rate of 155.


  Multi-business lines have good growth, driving the company’s continuous and stable growth.

Revenue of the company’s traditional software business in the first half of 201922.

48 ppm, a five-year increase of 5.

0%; software cloud business income 4.

7.2 billion, an annual increase of 114.

6%, achieving ultra-high-speed growth; revenue from payment services in financial services2.

00 ppm, an increase of 321 in ten years.

6%, Internet investment and financing information service business is affected by financial policies, and revenue3.

69 ppm, a decrease of 36 per year.

5%, but still continues to operate steadily.

The traditional software business has grown steadily, and the software cloud business and payment service business have grown at a high speed, which has driven the company’s performance to show good growth.

  The cloud computing business has grown rapidly, and a number of operating indicators have been optimized.

Software cloud business revenue in the first half of the year 4.

7.2 billion, an annual increase of 114.

6%, software cloud business accounted for 14.% of revenue

2%, accounting for 17% of software revenue (excluding financial revenue)


According to the business form, SaaS revenue was 286.66 million yuan, a growth rate of 133.

6%; BaaS revenue was 113.24 million yuan, a growth rate of 146.

1%; PaaS revenue was 68.77 million yuan, a growth rate of 39.

5%; DaaS revenue was 4.14 million yuan, a growth rate of 78.


In terms of the number of customers, the number of enterprise customers in the cloud business was 493.

170,000, of which 43 are gradually developed.

10,000 homes, with an annual increase of 48.

0%, an increase of 13 over Q1 2019.

2%, it is estimated that the customer base continues to grow rapidly.

And in the first half of 2019, the advance account of software cloud business was RMB 399.96 million, 厦门夜网 an increase of 46% over the beginning of the year.

The company’s cloud market has settled over 4,000 ecological partners, and its settled products and services have exceeded 6,200.
Cloud computing business optimizes multiple indicators, achieves balanced development, and grows at a high speed.

  Well-known R & D investment, continuous new products, and enhanced competitive advantages.
Report major company R & D investment7.

400,000 yuan, a growth rate of 25.

54%, accounting for 22% of revenue.


In terms of research and development results, the company released the UF cloud platform iuap V3.


6, NC Cloud 1903, U8 Cloud V2

6, U8 15.

1 and multiple industry hybrid cloud solutions based on UF NC Cloud.

And for the new generation of cloud ERP suite, UFIDA public cloud platform iuap5.

0, UF NC Cloud 1909 and other products to expand research and development investment, and do a good job of new product reserves.

  Investment proposal: The company is expected to EPS 0 in 2019/2020/2021.



54 yuan, corresponding to PE 90.



72 times, give “Buy” rating.

  Risk warning: business development is worse than expected, data service model is slow to advance