Xinhecheng (002001): First-half results meet expectations and VE industry integration is worth looking forward to

Xinhecheng (002001): First-half results meet expectations and VE industry integration is worth looking forward to

Investment Highlights Performance Summary: The company achieved operating income in the first half of 201938.

6.7 billion, a decrease of 16 per year.

85%; net profit attributable to mother 11.

5.6 billion, down 43 each year.

87%.

Performance in line with expectations, Q2 single-quarter increase of 26%.

The decline in 19H1 performance was mainly due to the drop in vitamin prices. The average price of 19H1 VA was 374 yuan / kg, a continuous decline of 65%, and the average price of VE was 43 yuan / kg, a decrease of 48%, resulting in a decline in the gross profit margin of nutrition products.

74 up to 59.

41%.

Flavor essence gross margin drops 15% to 5 per year.

4.1 billion.

The company’s new material production capacity was quickly released to achieve revenue3.

1.2 billion US dollars increased by 116%, costs further reduced through load increase, gross profit margin increased by 9.

46 averages to 27%.

From the single quarter of 19Q2, the performance was 6.

4.5 billion chain increased 26%, of which the average price of VA, VD3 stabilized, VE average price increased, the gross profit increased by 91 million.

In addition, interest and wealth management income increased, Q2 financial expenses decreased by 34 million, and investment income increased by approximately 70 million.

VA maintained a high level of prosperity, and VE’s profit increased and repaired.

The BASF plant started less than expected. At the same time, the cooling tower failed again in June, 西安耍耍网 and global VA supply was tight. We expect the VA price to rise steadily.

In the March quarter of 2019, it is expected that DSM’s integrated VE business will land, and the industry CR4 will reach 90%. VE plans to gradually enter a reasonable profit range. At the same time, NET 4 VE devices have rectification plans, and the market supply is expected to decrease.

The company’s VA and VE production capacity are about 1, 4 indexes, the prices have increased by 50 yuan / kg, 10 yuan / kg, and the performance has increased by 400 million, 3 respectively.

3 billion.

The 10 initial methionines will contribute significant performance gains.

Global methionine oligo head competition, CR4 is 87%. In 2018, domestic net imports of methionine were 14.

The price of methionine was replaced from 5 million tons / ton in 2015 to now.

80,000 tons / ton historical bottom.

The company independently developed the methionine production process. It successfully operated a 5-ton capacity in 2017 with a competitive cost. It is expected to increase by 10 years in 2019 and another 15 tons in 2021. The project’s commissioning will bring significant performance value added to the company.
The reserve projects are abundant and open up room for growth.

Several projects will be completed and put into operation at the end of 2019, including the first phase of Heilongjiang Province’s biological fermentation project, the first phase of the Shandong Industrial Park project, a 10-ton methionine project, and a 3,000-ton maltol, etc. It is expected to contribute profits in 2020 and ensure the company’s future growth.

Earnings forecasts and investment advice.

It is expected that the net profit attributable to mothers will be 25 in 2019-2021.

54, 30.

78, 35.

2.2 billion, corresponding to 17, 15, 13 times the corresponding PE.

The size of VE has improved, and the economy is improving. Several projects of the company are about to be put into production, and there is a lot of room for growth in the future. Maintain the “Buy” rating.

Risk warning: The project may be put into production less than expected; the price of vitamins significantly reduces the risk.

Jiechang Drive (603583) Company Comments: Performance continues to grow and blue ocean market leads the way

Jiechang Drive (603583) Company Comments: Performance continues to grow and blue ocean market leads the way

Investment Highlights Event: Jiechang Drive released the 2019 semi-annual report, and the company achieved revenue in 2019H1.

500 million, an increase of 36% in ten years; net profit attributable to mothers1.

50,000 yuan, an annual increase of 42.

6%; net profit after deduction of non-return to mother 1.

300 million, an annual increase of 23%.

The company achieved revenue in the second quarter alone3.

7 ppm, an increase of 24 in ten years.

7%; net profit attributable to mothers was 91.02 million yuan, a year-on-year increase of 43.

2%; net profit of 72.47 million yuan after deduction of non-return to mother.

The gross profit margin was basically stable, and the expense ratio increased slightly.

2019H1 company’s comprehensive gross profit margin 41.

9% for one year.

2pct; where Q1 / Q2 gross margins are 42.

1% / 41.

7%, a ten-year average of 3.

9pct / boost 2pct.

In the first half of the year, the company’s sales expense ratio was 8.

1%, increase by 1 every year.

8 points.

Management expenses (including R & D expenses) rate 11.

9%, increase by 1 every year.

7 points.

The research and development expenses are RMB 34.92 million, which is increased by 65 every year.

1%, indicating that the company continues to pursue and promote the development strategy of R & D first to build a competitive advantage.

Finance expense ratio -0.

6%, a decline of 0 per year.

2pct.
Financial expenses include interest income of 4.04 million yuan (600,000 yuan in the same period last year) and exchange loss of 450,000 yuan (1.23 million in exchange gain in the same period last year).

Net profit of the company in the first half of the year 23.

1%, increase 1pc in one year.

The Q1 / Q2 net interest rates are 21 respectively.

2% / 24.

7%, a ten-year average of 1.

8 pieces / lift 3.

2pct.
The main lines have broad prospects, and industry trends have helped the company grow rapidly.

By product: 1) Smart office: From 2013 to 2017, the company’s smart office revenue was 0.

3.3 billion, increased to 5.55 ppm with a CAGR of 75.

86%.

Affected by the healthy concept, the global smart office linear drive system will exceed 20 billion US dollars in 2021, and it is expected that the compound growth will exceed 20% in 2018-2021.

2) Medical 北京桑拿会所 health care: The company’s CAGR of revenue from 2013 to 2017 is 10.

11%, driven by the aging population, the global linear drive market is expected to reach USD 6.3 billion in 2021, and the CAGR will be 21 in 2017-2021.

29%.

3) Smart Home: CAGR of revenue from 2013 to 2017 was 22.

39%, affected by consumption upgrade, it is estimated that by 2022, the number of smart home reservations will reach 300 million units, with annual composite materials exceeding 15%.

Competitive customers build barriers to competition, and relocation of production capacity avoids tariff risks.

From the perspective of revenue structure, 80% of the company’s revenue comes from overseas, and it is estimated that more than half of its sales to the United States.

At present, the company has established strategic cooperation with Steelcase, Herman Miller, The Human, HAT Contract, Ergo Depot (Fully) and other customers in the United States to provide equipment for Google, Microsoft and other well-known enterprises.

As the company’s exports to the United States are included in the tariff list, the relocation of production capacity has also become the main way to avoid tariffs.

At present, J-star in the United States has already released part of its production capacity. At the same time, it has set up a production base in Malaysia in an attempt to gradually avoid tariff risks by relocating production capacity.

Equity incentives boost morale and bind performance growth.

The scale of the report, the company granted 2 million shares to 93 directors, senior management personnel, core technical and business personnel, accounting for 1 of the company’s total share capital.

66%, the grant price is 20.

93 yuan / share.

The conditions of exercise are that the income from 2019 to 2022 exceeds the growth rate of not less than 30%, and the profit exceeds the growth rate of not less than 20%.

Effectively bundle employee benefits with company growth.

Investment suggestion: We predict that the company will realize net profit attributable to mothers in 2019-2021.

27, 4.

21, 5.

45 ppm, an increase of 28 in ten years.

9%, 28.

7%, 28.

4%, the corresponding EPS is 1.

84, 2.

37, 3.

07 yuan.

Maintain the “overweight” rating.

Risk warning: the risk of sluggish demand in foreign markets, the domestic market penetration rate is less than expected, the risk of rising raw material prices, the risk of exchange rate changes

Spring Airlines (601021): Earnings expected to increase in the first half of the year; expected benefit in the second half; oil prices continue to fall

Spring Airlines (601021): Earnings expected to increase in the first half of the year; expected benefit in the second half; oil prices continue to fall

Forecasting 1H19 earnings growth of 15% We expect the company’s second quarter net profit to increase by 5%, mainly based on 1) the company’s passenger load factor increased by 1 in the second quarter.

8 units, 2) It is expected that the company ‘s passenger kilometer revenue in the second quarter will be basically flat every year, 3) The average fuel price (in RMB) is expected to increase by 3%, and 4) The RMB will depreciate 杭州品茶夜网 against the US dollar2.

2%.

In the first half of 2019, the company’s net profit is expected to grow by 15% annually.

Points to Watch We expect the company’s second-quarter net profit to increase by approximately 5%, and net profit to increase by 15% in the first half of 2019.

Considering that the passenger load factor has improved significantly in the second quarter, and the marketization of revenue has continued to be stable, we assume that the company ‘s passenger kilometer revenue itself is basically flat in the second quarter, the average fuel price increased by 3%, and the unit non-oil cost increased slightly by 1%.

We expect the company’s net profit to grow 33% annually in the second half of the year, mainly benefiting from 1) oil prices are expected to continue to decline.

The CICC bulk group estimates that the average oil price in the second half of 无锡桑拿网 the year will be between US $ 60-65 / barrel (the average oil price in the second half of 2018 will be approximately US $ 72 / barrel, which is expected to fall by US $ 7-12 / barrel). According to our calculationsThe drop in oil price of US $ 1 / barrel corresponds to an increase in the company’s net profit of 40 million yuan; 2) The Civil Aviation Development Fund halved the collection and reduced non-oil costs.

Since July 1, the Civil Aviation Development Fund has halved the collection (we expect the annualized impact of net profit to be about 1.

400000000).

Slightly lower the full-year profit forecast for 20196.

8% to 18.

63 megabytes, mainly based on 1) increase in seat kilometer revenue performance in the second half or weaker than the first half, from June to December 2018, airlines levied fuel surcharges for domestic flights, and we do not expect to trigger domestic fuel surcharges in the second half of this yearCollection of fees.

Under a high base, the growth performance of oil-containing passenger kilometers may be lower than in the first half of the year. Currently, it is assumed that the company’s passenger kilometers revenue growth in 2019 will increase by 2%; 2) It is estimated that the growth rate of capacity (in ASK) in 2019 is 12-13%The overall capacity growth rate in the first half year was only 9.

3%, even considering the acceleration of capacity growth in the second half of the year, we expect the capacity growth rate in 2019 is still lower than our expected 13-14%.

Estimates and recommendations The company currently sustainably corresponds to 2019/2020 20.

8/17.

2x P / E, we lower the company’s 2019/2020 profit forecast6.

8% / 8.

5% to 18.

63/22.

43 ppm. Maintain Outperform rating. Due to earnings adjustment, the target price will be lowered by RMB 8.

4% to 49 yuan, corresponding to 24 in 2019/2020.

1/20 times P / E, compared with the current consensus, there is 16% growth space.

Risks Aviation demand is less than expected; oil prices have grown significantly; fleet introduction has been slower; supplementary declines.

Tesla’s cobalt-free battery leads to significant drop in cobalt concept

Tesla’s cobalt-free battery leads to significant drop in cobalt concept

Tesla’s expansion of the battery-related industry chain is good!

Come to Sina University of Finance and listen to the opening column of the Trading Day Financial Morning Post.

  Original title: Tesla’s “cobalt-free battery” triggers a drop in cobalt concept stocks. Cobalt-containing batteries or at least maintain inertia growth Source: Tesla affected by the financial association plans to launch “cobalt-free batteries”, Luoyang Molybdenum on February 19Industry, Huayou Cobalt, and Hanrui Co., Ltd. collectively lowered the limit. Regarding the impact of Tesla’s “abandoning cobalt” on operations, the company replied that it was “unclear” or “there is 苏州夜网论坛 no such data.”

Institutional investors stated that the models reported by the automakers to the Ministry of Industry and Information Technology had been determined, battery adjustment was not easy, and it was not easy to replace batteries with well-designed models, and cobalt-containing batteries would maintain inertia growth for at least a certain period of time.

  On February 18, it was reported that Tesla is automatically developing and producing “super batteries” and increasing battery life and battery life. It is expected that specific information such as battery composition will be announced at the battery investor conference in April.

According to the relevant staff of Tesla, the self-developed “super battery” is committed to reducing the cobalt content of the battery to zero without reducing the performance of the battery.

  Affected by this news, Colombian concept stocks fell sharply on February 19.

In the morning of the same day, both Hanrui Cobalt and Huayou Cobalt opened their trading limits, and Luoyang Molybdenum fell 6 in the opening.

67%, to the close of the afternoon of the same day, the three companies consolidated collective limit.

  Regarding the impact of Tesla’s “abandoning cobalt” on the company, the reporter called three listed companies respectively, and the person from Luoyang Molybdenum Securities Department responded to the reporter: “I am not clear in this regard.” A person from Huayou Cobalt Securities Department said: “There is no such aspect.”Data, but the company’s downstream manufacturers have entered the Tesla industry chain, “Han Rui Cobalt Securities Department’s phone is still unanswered.

  In this regard, some institutional investors told the Finance and Economics Association reporter that now that the price of cobalt is high and the cost advantage of lithium iron phosphate, Tesla, as the leader in the electric vehicle industry, may cause the industry to change after the technical route is changed.
  ”Once the industry changes, cobalt prices will lose a certain level of demand support. It is expected that the products and prices of listed cobalt companies will have a certain degree of impact.

“The institutional investor judges.

  Another senior investor believes that cobalt, lithium nickel manganate, lithium nickel cobalt aluminate and many other battery technologies require cobalt. In addition to electric vehicles, many 3C digital products also require cobalt-containing batteries.

  ”In terms of electric vehicles, after the OEM develops and designs the models, it will report to the Ministry of Industry and Information Technology for final production, including the models in the” Recommended Tools Catalog for the Promotion and Application of New Energy Vehicles. “Need to go through the procedure, it is not easy to adjust.

“The senior investor said,” Including models that have been designed but not yet available, according to different battery technologies, targeted designs have been made for voltage platforms, battery volume, operating temperature, etc., and adjustments are not convenient.

“” Tesla’s battery replacement technology route may indeed lead to changes in the industry’s technology route, but more of the incremental market changes in the new car sector are triggered. The impact on the existing stock market is limited. The stock market must at least maintain a certainAs time inertia grows, the demand for cobalt is unlikely to return to zero directly.

“The senior investor said.

Common People (603883): Professional Winning Leader in Integration and Excellence in National Distribution Pharmacy

Common People (603883): Professional Winning Leader in Integration and Excellence in National Distribution Pharmacy
People’s pharmacy is the leader of private drug store with outstanding leadership.The company’s founder and actual controller Xie Zilong, Chen Xiulan and his wife held a total shareholding ratio of 36.82%.The first-level experience is rich and the concept is advanced to escort the company’s development. The chairman Xie Zilong has nearly 20 years of management experience in pharmaceutical business. The CEO Wang Li has been in the company for over 10 years.The company’s employee shareholding platform before the listing of the company covered a number of middle and senior executives, with sufficient incentives. In March 2019, it promoted a new round of inclusive equity incentives to help the company develop. The company has promoted the nationwide distribution, and the industry leaders have significant levels.Since its listing in 2015, the company has continued to deepen its national layout. It has newly entered Gansu, Inner Mongolia and other provinces and encrypted regional layouts such as East China. As of the first quarter of 2019, the company has 3466 directly operated stores and 749 franchised stores in 21 provinces across the country.The company won the “China Pharmaceutical Retail Enterprise Brand Power Championship” for three consecutive years from 2016 to 2018. It ranked among the top two in the “Comprehensive Competitiveness of Chinese Pharmaceutical Retail Enterprises” in 2016-2018, and the industry leader is worthy of the name. The company builds a new engine through professional services and manages it efficiently internally.From the three dimensions of “field cargo people”: 1) the company actively exerts the advantages of large stores, and the flagship store at the hospital is united; 2) the introduction of chronic disease management, Chinese medicine museum, DTP to enhance service capabilities, enhance chronic disease medicines, and traditional Chinese medicine piecesAnd the profitability of new special drugs; 3) The medical insurance resources are abundant, and the proportion of members’ consumption continues to increase.From the “backstage-middle stage-front desk” perspective: 1) the company’s centralized drug procurement and upstream direct pharmaceutical companies, strong bargaining power; 2) strong middle and back office control capabilities to ensure the company’s efficient and strict operating system; 3) professional front desk staffHigh service capability, high human efficiency with high salary, and good control of sales expense ratio. As a leading retail drug store with a national layout, ordinary people have outstanding merger and acquisition integration capabilities.1) The company acquires leading regional leaders to explore new markets, implements mergers and acquisitions strategies with point and area, regional penetration, and converts holding acquisitions + performance gambling + excess incentives to lock target profits, relying on its own localization management and efficient logistics network layout acquisitionsOutstanding store integration effect: 杭州桑拿网 Large-scale acquisition targets with tax revenue> 200 million have exceeded their performance commitments (except Huirentang’s 2018 net profit).2) The market potential of retail pharmacies in counties and third- and fourth-tier cities is great. The company implements the development plan of “base areas” to promote the sinking of channels.3) The company increased the expansion speed in the blank area by joining the business “health pharmacy” and set up an industrial merger and acquisition fund to accelerate the outreach.Expansion and expansion, channel sinking, franchise and merger and acquisition funds jointly promote the rapid expansion of ordinary people and increase regional market share. Earnings forecasts and investment advice.We expect the company’s net profit for 2019-21 to be 5.37, 6.68, 8.3.3 billion yuan, corresponding to EPS 1.88, 2.33, 2.91 yuan.Ordinary people, as the only private retail pharmacies with a national layout, succeed in internal professional services and efficient management; orderly expansion in a variety of external ways, and the advantages of mergers and acquisitions integration.The reference PE of the comparable company is 35 times in 2019, and we give the company 36-38 times of PE in 2019, with a reasonable value range of 67.51-71.26 yuan, corresponding to 2019 PS 1.62-1.71 times, the reference company’s 2019 PS is 2.1x, at a reasonable level, and maintain the “continuous market” rating. risk warning.Store expansion failed to meet expectations; M & A integration exacerbates greater risks; medical insurance drug price limit risks

Two taboos for babies to eat milk powder

Two taboos for babies to eat milk powder

Not a big brand of good quality milk powder will definitely be suitable for your baby. The eating method and the amount of consumption are certain. Moms, have you mastered it?

  The pharmacist mother reminded me: Do n’t change the milk powder too often. There are often mothers who change the milk powder because they see that the child is not long or the stool is green. They do not know that changing the milk powder will bring great pressure to the child.

Replacement of milk powder will reduce intake in the early stage, cause indigestion, and some may cause symptoms such as vomiting, diarrhea, and constipation.

At the same time, it is also necessary to avoid the practice that some mothers may hear that someone changes milk powder if it is good.

Apart from feeding special protein milk powder because of occasional milk allergy, the most important thing is to stick to the same milk powder.

  Do n’t eat too much milk powder. Parents are afraid that the child will be hungry. When feeding milk powder, they always want to thicken the milk powder. Some even think that as long as the child can eat it, the thicker the milk powder, the more nutritious it is.

  In fact, for the milk with too high concentration, the newborn cannot completely absorb it, especially the protein.

Instead, it increases the baby’s gastrointestinal burden, causes bloating, diarrhea, and impedes nutritional absorption.

Therefore, the amount of infant formula must be suitable for the age of the baby.

  The general formula is: within half a month, every 100 ml of milk contains about 9 grams of milk powder; within 2 months, it contains 12 grams, and within 3 months, it does not exceed 15 grams.

  If the infant’s milk intake exceeds the standard, anorexia may occur, or it may become excessive.

Obesity easily increases the abnormal tissues in the body, overloads the heart, causes infants to move slowly, reduces activity, and affects development. If it is 3 months, the infant’s daily intake should be controlled within 1000 milliliters.

If the baby still has a headache, don’t add milk powder at this time, only replace milk powder to increase the glucose intake, which is good for the baby’s growth.

  Under normal circumstances, parents do not need to worry about the baby’s nutritional deficiency. Therefore, any method to strengthen the baby’s food intake is not desirable.

  Milk powder feeding IV. Note (1) Milk powder must be fed as required. Be sure to use boiling water that cools to body temperature or normal temperature.

Use raw or tap water for the water. Avoid mineral water or raw water that is not boiled.

Other soups such as fish soup or sieve bone soup, because of their high mineral content, can overload your child’s heart and must be avoided.

  Milk powder must be fed according to requirements. Adding a spoonful of milk powder to water in Korea means 20cc or 40cc. Foreign products often refer to adding a spoonful of milk powder to 60cc water.

  If you feed milk powder, if you have indigestion, there will be white dregs on your child’s stool, and some mothers will thin the milk powder accordingly.

There are also some adults who mix milk powder so that children can eat more.

In fact, both methods are inadequate. If the milk powder is too thin, the child will have diarrhea, and the milk powder is too thick and brittle and constipated. Therefore, the child’s digestive ability should be considered and the appropriate concentration should be fed.

  (2) Feed immediately, throw away the rest.

  Milk powder should be fed immediately after preparation.

Because there is a danger of deterioration for more than 30 minutes at room temperature.

Throw away whatever you eat.

Because the saliva comes into contact with the milk powder, the bacteria inside it also enter the milk powder and the milk powder deteriorates.

  (3) Milk powder to prevent diarrhea The lactose-decomposing enzymes on the intestinal wall are also lost during the diarrhea of the child. Therefore, the lactose component in the milk powder cannot be broken down.For general milk powder.

This milk powder is used in situations where diarrhea is severe or long-lasting.

Glucose plays a role in promoting the development of the central nervous system headed by the brain, promoting the growth of Bifidox pupae in the intestine, and preventing intestinal obstruction.

Therefore, long-term consumption of diarrhea-preventing milk powder with low lactose content is not good for children’s health. It can be consumed for a short period of time when diarrhea.

The current trend is that even if there is diarrhea, and the proportion of milk powder is fed, breastfeeding and replacement of original milk powder are more advocated.

  (4) After feeding the milk powder, the child will be snored and the air will be swallowed when the child drinks milk powder.

After the air enters the child’s stomach, the pressure in the stomach increases, and the child must feel unwell.

This requires a process that releases the swallowed air through the esophagus, which is snoring.

Sometimes when the child eats milk, the milk will rise and vomit. This is because the air in the stomach rises up through the esophagus and causes the milk to flow upwards. In fact, there is no need to worry.

The muscles in the upper and lower stomachs of an adult are contained, so the food cannot easily be spit out, but the muscles in the children’s upper and lower stomachs are not well developed, so the food tends to flow back.

In this case, the feeding amount can be reduced to some extent. If you snore, stop feeding within 15 minutes, and let the child lie down after holding for a while to slow down the situation.

  Snoring while breastfeeding also swallows air with sucking breastmilk. Because there is no other release channel, it is good to snoring through moderate snoring.
Especially when breast milk is placed in a milk bottle, it will be snoring like drinking milk.
  Point milk powder must be replaced as required.

  Throw away the remaining milk powder after eating.

A variety of pregnant women’s shoes show the style of expectant mothers

A variety of pregnant women’s shoes show the style of expectant mothers

Each person is always prepared with multiple masks, and chooses to wear different masks on different occasions.

Similarly, pregnant women’s shoe cabinets should also prepare several pairs of shoes with different styles to suit various occasions.

Shoes often reflect the taste of one’s taste, and must not be generalized.

  Leisure style Leisure is not casual, leisure is the exquisiteness that rises to a certain level.

Leisure is a way of dressing, but also a way of life.

  The national element is the world. The colorful patterns make the ordinary style unique.

  Easy to put on and take off. It is especially inconvenient when bending over the belly. When choosing shoes, you can consider the design of Velcro buckle to make it easier to put on and take off.

  Matching Tips: Casual style shoes are suitable for matching the same style of clothing, pop style clothing is very good, and you can also wear colored socks, any length.

  Workplace style and elegance are the factors that must be taken into consideration when choosing a shoe for a working mother. It cannot be too flamboyant and fancy. The delicate details are the finishing touch.

  Love bows Bows continue to charm women’s eyes, and pregnant mothers can hardly give up their fascination with feminine bows.

Silk bows, metal bows, jewels and crystal bows . different materials exude different styles, or small and elegant, or cute and sweet, or mature and charming . low-key flat pregnant women shoes generally use soft materials and simple design,Some leathers emit a charming luster after special processing, which is definitely a low-key publicity.

  Large square-toed shoes with exaggerated ornaments and lentils often feel calm and reliable, while bright colors and exaggerated ornaments dilute the dullness of square-toed shoes and add a lot of highlights.

  Collocation Tip: For both professionalism and fashion, try an oval toe that widens your toes and shifts your toe. It’s great with skirts or pants.

  If the Party style is to attend a more formal formal occasion, in order to match the dress with a long dress, the pregnant mother does not prevent choosing more bright elements when choosing shoes.

  Gorgeous buckle gems, crystal buckle with gold base, the attention index instantly rises.

  The design of the shiny upper shoes is not outrageous, but adding beads to the upper, or adding a special treatment to increase the sense of shine, can also make you stand out at the party.

  Bright color pregnant mothers generally choose darker dresses. If shoes are chosen in bright colors and patterns, the whole person will not attract dullness.

  Sporty, lightweight, comfortable and reliable safety is an important factor that sports shoes are highly regarded by pregnant mothers.

Going for a walk, walking in the suburbs, walking around, choosing a pair of sports shoes will never go wrong.

  The breathable sneakers have many small air holes, which are good for your feet to breathe.

The leather fabric does not need to be cleaned often, which hits the pregnant mother’s lazy idea.

  The beauty of gorgeous sports is the design of beads on the upper.

  Comfortable and convenient beef tendon sole, soft and breathable upper, Velcro buckle belt is more convenient to put on and take off, all kinds of elements meet the needs of pregnant mothers.

  Matching Tips: It is not necessary to use a sports outfit to match sports shoes, white shirts, and cuffed jeans, which are also good partners for sports style.

Refusing excessive autumn freeze 6 recipes for warming the stomach

Refusing excessive “autumn freeze” 6 recipes for warming the stomach

Chinese medicine experts remind that in such a rainy and snowy weather, we must pay attention to cold, moisture, wind, pay attention to clothing to keep warm in time, prevent colds, and refuse to over-authentic.
在此,为大家奉上初冬中医养生食谱,让您在享受美食的同时,更拥有一份健康……  一、抗风寒:生姜糯米粥  原料:  葱白6段,糯米100克,生姜6片,米醋1 spoon, a little salt, MSG, moderate amount of water.
  Practice: 1.
Rinse the glutinous rice, boil it in a pot, and use simmered rice.
  2.

Add scallion and ginger and cook until the porridge is rotten. Add rice vinegar, salt, MSG and stir well.
  Features: This porridge has a good effect on patients with cold and cold.
See the efficacy of onions and ginger, rice vinegar has the effect of activating blood and dispersing cold.
  Second, anti-cold: Angelica lamb soup Ingredients: mutton, spring onion, ginger, garlic, angelica, salt, monosodium glutamate.
  Practice: 1.
Wash the lamb, slice the ginger, and slice it for later use.
  2.Add heat to the wok, add oil, and heat up the oil. Add the lamb, stir fry a few times, add water, ginger, scallion, angelica, and boil over high heat. After half an hour, add salt and monosodium glutamate.
  Features: Tender soup and tender meat.
Lamb has the effect of nourishing Qi and depleting Qi, and Angelica has the function of nourishing blood and activating blood.
The two are matched with ginger and spring onion, which can supplement deficiency of temperature, promote blood circulation and dispel cold.
Suitable for cold and cold patients.
  3. Spleen and stomach: Yam mutton soup Ingredients: 500 grams of mutton mutton, 150 grams of yam, ginger, spring onion, pepper, Shao wine, salt.
  Practice: 1.
Wash and cut the mutton, put it into a boiling water pot, and remove the blood water; wash the ginger and onion and pat it with a knife to spare; 2.
The Huaishan slices are soaked in water with the mutton and placed in a pot, put in an appropriate amount of water, and put the other ingredients together in the pot. After being boiled on a high heat, stew to a simmer and cook until it is ready to eat.
  Efficacy: spleen and stomach, lung and kidney.
  Fourth, anti-cold: Hawthorn silver flower soup Ingredients: dried hawthorn slices 15 grams, silver flowers (ie honeysuckle) 30 grams, 4 spoons of honey, water.
  Practice: 1.
Wash the hawthorn flakes, pit them, put them in a casserole, boil them with water, switch to simmered flames, add silver flowers, and simmer for a total of 10 minutes.
  2.Add honey and mix well to remove residue.
  Features: Sweet and sour taste of yam juice.
Hawthorn has the function of breaking qi and dissipating blood stasis, and Yinhua has the effect of clearing heat and detoxifying.
The two flavors are used together, suitable for patients with cold and cold.
   V. Warm the spleen and stomach: mutton porridge Raw materials: mutton, japonica rice, salt, spring onion, ginger.
  Practice: 1.
Take 100 grams of fresh lamb, 100 grams of japonica rice, salt, spring onion, and ginger.
Wash and slice the mutton, and chop the shallot and ginger into pieces for later use.
  2.Wash the rice, put it into the pot with the mutton and condiments, add an appropriate amount of water, first boil over high heat, and then boil it with low heat.
  Features: This congee has the effects of benefiting qi and blood, warming the spleen and stomach, and adding essence and replenishing the marrow.
  Six, Jingjing kidney: corn and longan porridge ingredients: 1 kg of corn, 15 grams of longan meat, and 50 grams of japonica.Efficacy: nourish the heart and kidney, and benefit the waist and knees.

  Method: Remove the shell of the corn and wash it out; wash the hard rice and put it in an aluminum pan, add the corn and longan meat, add an appropriate amount of water, boil it on the fire, and cook it with the simmering heat, add white sugar and stirto make.

  Features: It is suitable for the deficiency of heart and kidney essence, blood palpitations, insomnia, and waist and knee weakness.

Taboo: eating with almonds is vomiting.

  Corn is sweet, salty, and cold.

Into the kidney, spleen, stomach, hands and feet too Yin, Shao Yin meridian.

Its effect is contained in ancient books.

“Compendium of Materia Medica” said: “Boil porridge and eat Dandan, tonic, and open stomach.

“It can be seen that winter corn and longan porridge can feed the heart and kidney, and benefit the waist and knees.

Zero-degree stress in yoga

Zero-degree stress in yoga

Yoga is not actually given to those yogis who are super soft. For ordinary people, it has the same affinity and feasibility.

As you practice deeper, you will obviously feel the energy in your body is increasing, and your heart will become calmer and more controllable.

  1, side stretch (left) effect: slim, firm abdomen and waist, while being able to relax the back.

  2. Rowing (right) effect: Tighten abdominal and thigh muscles and strengthen back strength.

  3, bending back and forth (left) effect: release the tension and pressure of the body, keep the spine soft and elastic.

Tighten the thighs, abdomen, waist and height.

Because this action promotes blood circulation, it is also good for skin and hair.

  4. Bend fracture (right) Effect: Firm the abdomen, waist, hips and thighs, relax the back and keep the spine soft.

  5. Toe squat (left) effect: It can wonderfully change the shape of the thigh leg, and can enhance the flexibility of the contrast, and strengthen the strength of the toes, feet, and arches.

  6, head point blood pressure (right) effect: stretching the spine, helps keep the back straight, and can relieve pressure on the entire body.

Significant benefits of nourishing Qi and qi in winter

Significant benefits of nourishing Qi and qi in winter

[Introduction]Chinese medicine believes that goose meat is sweet, flat in nature, into the spleen, lung meridian, nourishing qi and invigorating deficiency, and stomach quenching thirst.

“Sui Xi Ju Dietary Spectrum” states that it “tonicates deficiency and qi, warms the stomach and promotes vitality”; “Compendium of Materia Medica” states that it “helps the five internal organs, relieves the heat from the internal organs, and quenches thirst by boiling juice.

  Goose meat is a good medicine for treating qi and tonifying deficiency in traditional Chinese medicine, but it should not be eaten in excess.

  Goose meat porridge: goose meat, rice 100 grams each, seasoning.

Wash the goose, cut it into small pieces, put it in a bowl, and use starch, soy sauce, cooking wine, peppercorn powder, etc. to set aside.

First take the rice and wash it, add water to cook the porridge, add the goose meat after boiling, cook until the porridge is cooked, add salt, MSG and other seasoning.

1 dose per day, 3?
5 days is a course of treatment.

Goose porridge can benefit Qi and tonic, and is suitable for wasting and fatigue caused by weak spleen and stomach.

  Lily goose broth: 1000 grams of goose meat, 30 grams each of lily and Huangjing, with the right amount of seasoning.

Wash the goose meat, cut into pieces, choose all the medicines, place it in the pot with the goose meat, cook until the goose meat is cooked, season and serve.

Lily goose broth can nourish qi and nourish yin, and is suitable for tuberculosis and chest pain.

  Goose meat qi soup: 1000 grams of goose meat, astragalus, codonopsis and yam, 10 grams each, seasoning.

Wash the goose meat, cut into pieces, wrap them in various medicinal cloths, place them in the same pot, cook until the goose meat is cooked, remove the medicine bag, season and serve.

Goose Root Decoction can strengthen the spleen and nourish qi, and is suitable for chronic gastritis and indigestion.

  Goose nourishing yin soup: 1000 grams of goose, 10 grams each of jade bamboo, ginseng, and yam, with the right amount of seasoning.

Wash the goose meat, cut into pieces, wrap them in various medicinal cloths, place them in the same pot, cook until the goose meat is cooked, remove the medicine bag, season and serve.
Goose nourishing yin decoction can calm the stomach and quench thirst, and is suitable for dry mouth and thought drinking caused by insufficient yin, cough, shortness of breath, and thirst.