56070_007之Goldfinger 金手指等390个文件_

k from the leaden spout sticking out of a wall near the Goharri mosque (a public

鏉窞鍝釜瓒虫荡鏈夌壒娈? width=

drinking fountain) though the White Man in him must have been aware that the water was far from safe to drink. He would pick a stick of sugar-cane 鏉窞鎸夋懇閭i噷濂?off a stall as he passed, to gnaw it in the open street: or a sweet locust-bean. Here, everywhere, the cries of the open street greeted him and he responded radiantly. 鈥榊鈥檃lla, effendi, Skob鈥?鈥楴aharak said, ya Skob鈥?鈥楢llah salimak.鈥?He would sigh and say 鈥楧ear people鈥? and 鈥楬ow I love the place you have no idea!鈥?dodging a liquid-eyed camel as it humped down the narrow street 鏉窞淇濆仴娌瑰帇 threatening to knock us down with its bulging sumpters of bercim, the wild clover which is used as fodder. 鈥楳ay your prosperity increase鈥?鈥楤y your leave, my mother鈥?鈥楳ay your day be blessed鈥?鈥楩avour me, O sheik.鈥?Scobie walked here with the ease of a man who has come into his own estate, slowly, sumptuously, like an Arab. Today we sat together for a while in the shade of the ancient mosque listening to the clicking of the palms and the hooting of sea-going 鏉窞瓒虫荡tykjmldl liners in the invisible basin below. 鈥業鈥檝e just seen a directive鈥?said Scobie at last, in a sad withered little voice 鈥榓bout what they call a Peddyrast. It鈥檚 rather shaken me, old man. I don鈥檛 mind admitting it 鈥?I didn鈥檛 know the word. I had to look it up. At all costs, it says, we must exclude them. They are dangerous to the security of the net.鈥?I gave a laugh and for a moment the old man showed signs of wanting to respond with a weak giggle, but his depression overtook the impulse, to leave it buried, a small hollowness in those cherry-red cheeks. He puffed furiously at his pipe. 鈥楶eddyrast鈥?he repeated with scorn, and groped for his matchbox. 鈥業 don鈥檛 think they quite understand at Home鈥?he said sadly. 鈥楴ow the Egyptians, they don鈥檛 give a damn about a man if he has Tendencies 鈥?provided he鈥檚 the Soul of Honour, like me.鈥?鏉窞瓒虫荡姹熷崡鏄ヨ壊 He meant it. 鈥楤ut now, old man, if I am to work for the 鈥?You Know What 鈥?I ought to tell them 鈥?what do you say?鈥?鈥楧on鈥檛 be a fool, Scobie.鈥?鈥榃ell, I don鈥檛 know鈥?he said sadly. 鈥業 want to be honest with them. It isn鈥檛 that I cause any harm. I suppose one shouldn鈥檛 have Tendencies 鈥?any more than warts or a big nose. But what can I


do?鈥?鈥楽urely at your age very little?鈥?鈥楤elow the belt鈥?said the pirate with a flash of his old form. 鈥楧irty. Cruel. Narky.鈥?He 鏉窞姘寸枟spa浼氭墍鎺掑悕 looked archly at me round his pipe and suddenly cheered up. He began one of those delightful rambling monologues 鈥?another chapter in the saga he had composed around his oldest friend, the by now mythical Toby Mannering. 鈥楾oby was once Driven Medical by his excesses 鈥?I think I told you. No? Well, he was. Driven Medical.鈥?He was obviously quoting and with relish. 鈥楲ord how he 鏉窞娌瑰帇灏卞仛浠€涔?used to go it as a young man. Stretched the limit in beating the bounds. Finally he found himself under the Doctor, had to wear an Appliance.鈥?His voice rose by nearly an octave. 鈥楬e went about in a leopard-skin muff when he had shore l

I am Yu Huan Shui: deliberately selling miserable detrimental character creation

“I am Yu Huan Shui”: deliberately “selling miserable” detrimental character creation
The “I am Yu Huan Shui” produced by Noon Sunshine recently aired, and the small character Yu Huan Shui played by Guo Jingfei has gained popularity.But at the same time, the audience also noticed that in addition to the relatively three-dimensional image of Yu Huan-shui, the other supporting characters also have the same Facebook problem. What is the problem?Guo Jingfei plays Yu Huanshui.”Selling miserable” can raise the topic “I am Yu Huan Shui” adapted from the writer Yu Geng’s novel “If There Is No Tomorrow”, which is called the cowardly, useless, timid middle-aged man Yu Huan Shui.Lived out the second life with great brilliance.Just when he was about to wave goodbye to the world, there was a big reversal-he was not ill at all.”I am Yu Huan Shui” basically continues the framework and character of the novel, but it is also carefully crafted.The most striking point is that the script made Yu Huanshui even worse.At work, Yu Huan-shui in the novel has a good working ability, and he works well in the company. The leader also intends to promote him.But when it came to the script, he had the worst business ability company, failed to meet the standard for five consecutive months, was late for three consecutive deductions of his basic salary, and even was punished by the leader to clean the toilet. His dignity was lost.Yu Huanshui is in a dilemma of contempt chain in the unit.In terms of family relations, although the relationship between Yu Huan-shui and his wife turned cold, he did not always keep his promises in front of his wife, and could not stand up in front of his wife’s family.Even during the divorce, his wife praised Huan Shui as a “grandfather”, and the two cried for a while.In the play, Yu Huanshui was at the bottom of the family contempt chain again. Both his wife and her uncle looked down on him, and his wife called on him.In the novel, Yu Huanshui does not have any top-quality native family. His parents are very affectionate. After his mother’s death, his father is alone.In the play, his father became a “needless dad.” After his mother died, he married his stepmother. The stepmother took his father to the company of Yu Huan Shui and asked Yu Huan Shui to marry his son.Yu Huan Shui has a good friend named Lu Fumeng, he owes Yu Huan Shui 130,000.In the novel, Yu Huan-shui got the money from Lu Fumeng very smoothly, although Lu Fumeng also made a ruthless statement, “We will each go our own way in the future.”In the script, Yu Huanshui begs for money and was teased by Lv Fumeng five times, and finally Yu Huanshui made a face to make trouble before he could get the money . his wife was counting Yu Huanshui.There is no doubt that this is an era of topical drama.From “It’s All Good”, “Little Joy” to “An Jia”, these urban life scripts have caused much discussion, often because those discussed in the script have stamped the emotional pain points of modern people.Therefore, the current urban scripts are keen on “topic first”, and some topics are discussed on Weibo, and the show will give you a full set.The same is true for “I am Yu Huan Shui”.Its first two episodes can be called the “Better Tragic Conference”, which made Yu Huanshui debut as the “most miserable protagonist in history”.Only tragic enough to have enough “gimmicks”.Whether it is a “middle-aged person”, a “social animal” or a “little person”, each ethnic group can more or less see its own shadow from Yu Huanshui and get emotional resonance.Moreover, it is tragic enough, and the subsequent small people’s Jedi counterattack counterattack can bring enough feeling to the audience; Yu Huanshui’s “revenge” can also be popular.Therefore, many domestic film and television dramas with the theme of counterattack of small people are keen to restrain first and then raise, first portray the characters into “tragic”, as if it is not enough to be miserable, it is not worthy of counterattack.Yu Huanshui was led down by the leader.Deliberately “selling miserable” detracts from the creation of characters from novels to episodes. Yu Huanshui’s misery index keeps escalating, the drama conflicts in episodes are more intense, and the topicality has also climbed.But from novels to dramas, the images of many supporting characters have also been completely facialized.They all became functional characters-causing trouble for Yu Huanshui.There is no time to worry about whether it is logical to create trouble.For example, several leaders of Yu Huan Shui in the play, the labels on their heads are “treacherous”, “slick”, “no brain”, do not know how they rose up.But in the novel, they have distinct personalities and are very smart.In the novel, Yu Huanshui’s wife is a middle-aged woman who is full of three-dimensional and grounded.For example, because she had a conflict with Yu Huan Shui because of the car purchase, when she called Yu Huan Shui, the novel wrote such a small detail, “When she yelled at me, I clearly saw a piece of green residue irritated by her roaring tongueThe shot came out. Fortunately, I blinked in time, but the vegetable still hung on the eyelashes of my left eye. At that moment, I felt the world was a dim green.”Types of freelance pens allow characters to have” burrs. “In the play, Yu Huan Shui’s wife is a remake of an indifferent woman in the workplace.It’s not that this character is bad, it’s just that she lost the kind of “personality” in the novel.There are also Lu Fumeng, Yu Huan Shui’s youngest uncle, Yu Huan Shui’s father, dog-raising neighbors and other supporting roles, but also accidentally “exaggerated”.For example, Yu Yushui ‘s youngest uncle, who dismantled Yu Huan Shui in front of him and claimed that the wine he bought for 2000 yuan was only 78 yuan. He even spit out the wine he drank in front of his family. This plot created embarrassment for Yu Huan Shui, highlighting Yu Yushui ‘s misery.The effect is achieved, but the role of Uncle Xiao is also “bad” and does not conform to common sense and reason.The youngest uncle after spitting out Yu Huanshui’s wine.As a result, although “I am Yu Huan Shui” has relatively successfully shaped Yu Huan Shui, he has also sacrificed the image creation of other supporting roles, and they have only left “bad”.Nowadays, some “topic dramas” and “selling tragedies” have been used to narrate plots and express characters by creating large, intense and exaggerated drama conflicts.But the truth is, there is not so much blood in the mediocre real life, and the people often have some minor, inconspicuous details, small conflicts; the reason why we are tired of human relations is not that people are extreme.Bad people, but they are complicated people.They are not so good and not so bad, we will be particularly embarrassed.Therefore, classic works can always achieve “waves” in the plain, and “thunder” in the silent.”I am Yu Huan Shui” is a “good-looking” play, maybe that’s all.□ Cong Yi (play reviewer) editor of Sauna Night Net Wu Longzhen proofreading Li Lijun

Shenhua coach Cui Kangxi: whether to introduce Tianhai players need to discuss with the club

Shenhua coach Cui Kangxi: whether to introduce Tianhai players need to discuss with the club
Cui Kangxi said that all the team can do now is to ensure the quality of training.Data map / This afternoon, the Shanghai Shenhua team played a second match in the blue-white match. The white team used Jin Xinyu’s score to defeat the blue team 1-0.Shenhua coach Cui Kangxi was asked in an interview after the game whether he would introduce Tianjin Tianhai players. He said: “I still need to discuss with the club. Now I do not care.”Cui Kangxi was invited by Tianjin Quanjian to teach in China at the end of 2018. After the” Quanjian storm “at the beginning of last year, Quanjian Football Club changed its name to Tianjin Tianhai and canceled the contract with Cui Kangxi before the league started.The Tianhai Club officially announced the dissolution today, and the team members regained their freedom.When Shanghai Shenhua deliberately introduced Tianhai team members, Cui Kangxi said: “As far as I know, many team members left before Tianhai disbanded.We have introduced too many excellent players this year. (Whether we will introduce Tianhai players again) We still need to discuss with the club. I do n’t care too much.”When Chen Xuyuan, the chairman of the Chinese Football Association, was interviewed by the Central Inspection, this year’s Super League may use a grouping and a knockout format. From the outside world, the new format that the Chinese Super League is trying to adopt is somewhat similar to the K League.Cui Kangxi said: “Not exactly the same.”At present, the Football Association has not decided to release any documents, and we do not know the exact date and system of the tournament.All the team can do now is to maintain a good state, ensure the quality of training and the physical condition of the players.”Sauna, Ye Wang Zhou Xiao editor Han Shuangming proofread Li Xiangling

[Ginkgo fruit how to eat _ how to eat ginkgo fruit is best]

閾舵潖鏋滄湁涓€瀹氱殑鑽敤浠峰€硷紝涓€鑸潵璇存渶濂藉埆鐩存帴鍚冿紝閾舵潖鏋滄湁灏忔瘨锛屽鏋滀娇鐢ㄤ笉褰擄紝鍗卞鏄瘮杈冨ぇ鐨勩€傚钩鏃舵兂瑕佸悆瀹冪殑璇濓紝鍙互鏀惧埌涓€浜涢鏉愬綋涓紝姣斿璇村彲浠ョ敤閾舵潖鏋滄潵鐐栭浮锛屼篃鍙互鍋氭垚妞掔洂鏉忔灉绛夌瓑锛屽钩鏃堕€傚綋鐨勫悆涓€浜涳紝瀵硅韩浣撴槸姣旇緝鏈夊ソ澶勭殑锛屽惈鏈変汉浣撴墍闇€鐨勫绉嶈惀鍏荤墿璐ㄣ€?閾舵潖鏋滄€庝箞鍚冩渶濂?1銆侀摱鏉忔灉鐐栭浮閾舵潖鏋滅倴楦$壒鍒ソ鍚冿紝鍦ㄥ埗浣滄椂闇€瑕佸噯澶囬摱鏉忔灉涓€鐧惧厠锛屾煷You can see the real world, the real world, the real world, the real world, the real world, the real world, the real world, the real world, the real world, the real world, the real world, the real world, and the real world.I ‘m going to feed you, I ‘m going to feed you, I ‘m going to do it, I ‘m going to do it, I ‘m going to do it, I ‘m going to do it.椾竴璧锋斁鍏ラ攨涓紝鍔犻€傞噺娓呮按锛屽啀鍔犲叆鍑嗗濂界殑璋冨懗鏂欎竴璧风倴鍒讹紝2鍒?What’s the difference between braided and braided braids?2 銆 佹  搰 濰 濰 濉 灉 玶 婱 叉 濉 灉 鲭 尭 型 厂 洂 Threshold 揖 揋 提 源 溰 椰 椂 椋 熍 悒 憔 熔 憣 憔 熒Insects in the world, insults, insults, sorrows, sorrows, sorrows, sorrows, sorrows, sorrows, sorrows, sorrows, sorrow, sorrow, sorrow, sorrow, sorrow, sorrow洂鍜岄€傞噺鍛崇簿浠ュ悗鐐掑寑锛岀劧鍚庡啀鍊掑叆鍙栧嚭鐨勯摱鏉忔灉鏋滀粊锛岀敤涓皬鐏妸瀹冪倰鐔燂紝鍙栧嚭闄嶆俯浠ュ悗灏辫兘鐩存帴椋熺敤銆?What’s the matter? What is the chain?鍐ぉ锛岄摱鏉忔爲鍙跺彂榛勶紝椋庝竴鍚规弧鍦伴兘鏄彾瀛愶紝寰堝浜哄繖鐫€閲囨憳閾舵潖鏋滀篃灏辨槸鐧芥灉锛屽畠鑽涓ゅ韬綋濂斤紝涓嶅皯浜洪兘鍠滄銆備腑鍖诲皢閾舵潖鍏ヨ嵂鍋氭垚鑽墿锛岄鍝佸姞宸ュ満浼氱敤閾舵潖鍒朵綔椋熺墿銆傞摱鏉忓緱鍒拌鍙富瑕佹槸钀ュ吇涓板瘜锛屽叾涓寘鎷細鐧芥灉閰搞€佺櫧鏋滈唶銆佺櫧鏋滈厷銆佽剛鑲€佹穩绮夈€佽敆绯栥€佽繕鍘熺硸銆佹牳铔嬬櫧銆佺熆鐗╄川銆佺氦缁寸礌銆佺淮鐢熺礌E銆佹牳榛勭礌銆佽姳闈掔礌銆佹皑鍩洪吀绛夛紝鍙互璇撮摱鏉忕殑椋熺枟浠峰€艰秴涔庝綘鐨勬兂璞°€傚湪涓尰鐪嬫潵锛屾洿鍔犵湅閲嶉摱鏉忕殑鑽敤浠峰€笺€傝嵂鐢ㄩ摱鏉忥紝鏃╂湁璁拌浇锛屽厓鏈濇椂鍦ㄣ€婃棩鐢ㄦ湰鑽夈€嬪閾舵潖鏋滃叆鑽仛浜嗘弿杩帮紝銆婃湰鑽夌翰鐩€嬶細閾舵潖锛屽叆鑲虹粡銆佺泭鑴炬皵銆佸畾鍠樺挸銆佺缉灏忎究銆傚埌浜嗘竻鏈濓紝銆婃湰缁忛€㈡簮銆嬶細鐧芥灉锛岄檷鐥般€佹竻姣掋€佹潃铏€傞摱鏉忔€у钩銆佸懗鐢樸€佸井娑┿€佹湁灏忔瘨锛屽叆鑲虹粡銆佽偩缁忥紝瀵硅韩浣撹皟鑺傘€佷繚鍋ュ緢鏈夌泭澶勩€?

[5 best times for a woman to train her husband]

[5 best times for a woman to train her husband]

It is said that a good woman is a good school. The nature of a man is rough and leafy, and his nerves are relatively large. A wise woman must know how to grasp the timing of a modest overlap with a man. Those good times are opportunities.Lose no more, miss one less, wait until you miss it, then there is no other way than to accept your fate. For the sake of life’s happiness, when the time comes, you should take your shot, but you ca n’t go past this village.This shop is here. If you want men to use it smoothly, then women have to grasp the following five opportunities: First, the body is not necessarily a serious illness, colds, coughs and fever are all sick, women should not be too strong, should show weaknessI must show weakness at the time, I have done such things as fever, washing and cooking. In fact, men really do n’t miss you well. He usually thinks that you can still buy vegetables for cooking and washing, and then shows that your body is fine.So, if you are a little woman in your heart, don’t pretend to be a big woman.


[Homemade practices of chicory]_How to_How to make

Xuan Cun, the chisel, the chisel, the chisel, the chisel, the chimpanzee, the chimney, the chimney, the chimney, the chimney, the chimney, the chimney, the chimney, the chimney, the chimney, the chimney, the chimney, the chimney, the chimney, and the chimney.熻涓婂叿鏈夌殑娓呯儹鐨勮彍鍑夋媽鐫€鍚冧細鎶婃晥鏋滃彂鎸ョ殑鏇村ソ锛屽韬綋鍋ュ悍闈炲父鏈夊府鍔┿€傞偅涔堟垜浠钩鏃跺湪瀹堕噷鍋氳強鑻h彍鐨勬椂鍊欙紝瑕佹€庝箞鍋氭墠浼氭妸鑿婅嫞鑿滅殑鍔熸晥鍙戞尌鍑烘潵锛岃繕鍙互鍚冨埌鑿婅嫞鑿滅殑缇庡懗鍛紝鐜板湪灏辨潵浜嗚В涓€涓嬭強鑻h彍鐨勫甯稿仛娉曞郂 銆?1 銆 丸 璬 Shanhualuo chisel-in-law 嫞 和 嬌 媺 媺 (1) 搢 唢 唏 擏 擏 姾 砭 箭 箙 唅 姑 姣 姤 姤 姤 姤 姤 姤 姤 姤烘潵鐨勮敩鑿滐紝鎵€浠ユ墠鑳芥湁閭d箞娲佺櫧鍏変寒鐨勮壊娉姐€傚彟澶栧競闈笂涔熸湁绱孩鑹插拰绾㈣壊鐨勫搧绉嶃€?2)鑿婅嫞涓€鐗囩墖娲楀噣鍚庢播骞叉垨鐢ㄥ帹鎴跨焊宸炬摝骞层€傛瀛愬鍒囷紝鍙彇鏋滆倝鐨勯儴鍒嗭紝鏋滅毊鍜岀櫧鑹茬氦缁村墐闄ゃ€?3)鎼厤涔夊ぇ鍒╅粦閱嬨€佸垵姒ㄦ﹦姒勬补锛屾渶鍚庢磼涓婁竴澶у寵甯曢┈妫捣鍙稿嵆鍙€?2 銆 瘮 瘮 鍒 ╂ 夂 婅 嫅 幞 呞 摌 鑹 呺 鑸?(1)鐑у紑涓€閿呮按锛屽姞鍏ラ緳铏惧熬鐓?0 鍒 嗛 掴 栫 洿 洿 Tong Chong 陛 阃?2) What is the “press version” of the version?3)鍘绘帀榫欒櫨澹冲悗灏嗚倝鍒囦欢(4)娲楀噣姣斿埄鏃惰強鑻o紝涓€鐗囩墖鎷嗗紑(5)鑺掓灉鍘荤毊鍘Huimurouyun Lu;  Lao Shang Lv 钁 Bian chi?6)灏嗘矙鎷夐叡銆侀吀濂躲€佺敎杈i叡銆佹煚妾眮銆傝渹铚溿€佺洂鍙婇粦鑳℃鎷屽寑(7)鍑嗗涓€涓ぇ纰楋紝鍔犲叆榫欒櫨鑲夈€佽姃鏋溿€佺传娲嬭懕銆佹硶钁卞強閰辨眮鎷屽寑鎴愭矙鎷?8) A look at the sky and the sky ╂ 咂 婂 婅 嫞 婞 婏 序 鎾 掍 笉 囉 凡 雕 鍗 鍗 垚 劆 劆 困 剰 尰 尰 儰It ‘s a good thing. It ‘s a good idea. It ‘s a good thing. It ‘s hard to read. It ‘s 2300. It ‘s very difficult to see what ‘s going on here. Do you want to know what ‘s going on?How to make up 120?  崌: What is the difference?練 灴 鍒 囨 垚 2.5 騡 樼 門 閑 凈 凉 畒 忒 忒 偒 卒 ╃ 咅 鐏  吙 8 雗 囷 维 繾 ﹂ton 110 鍏 嬴 镞 紵 洂 忂 僕 卧 僕 協 单 協 单单 单单 单单 卬 刬 協 单 協 单单 单单 单单 单 協 幧 鍏 幑 30Trickle?绾 ﹂1100 ton?There are many problems: drought, drought, and drought, as well as the following: the insertion and the insertion of the sound and the sound and the sound of the rudder, and the remedy of the problem.Adze?1)鐑ょ220鎽勬皬搴﹂鐑€傛妸楦$殑鍏ㄨ韩鐢ㄧ洂鍜岃儭妞掔矇璋冨懗锛屾斁鍒?寮犲ぇ鐨勫甫杈圭儰鐩橀噷锛岄浮鐨偅闈㈡湞涓娿€傛磼涓?0姣崌姗勬娌癸紝鍦ㄥ懆鍥存憜涓婅糠杩鏋濄€傚湪鐑ょ涓婁腑閮ㄦ妸楦$儰鍒?0 Rouqian Zha adze Chu stagnant water Rou plate Jueting ㄩ Shiqie ゅ Locate adze An Dugjuan memory Eqie ょ Er you receive Locate Juan Yu organs Ting  Ren Qian inertia Zesong iii Weisui the Terms Jingou Rose Cheng TOWER Yong Eqieゅ嚭鐨勬眮鍊掕繘娌瑰6閲屻€?2) 銖 屾 椂 鍦 ㄤ 竴 鎴  ぇ 阌 噴 咴 屾 妸 鍓 ╀ 笅 镄?0 姣  崌 勬 勬 囬 姌 姌 姑姑 兑 兴 兩 村 卌 卐 掓 堓 銆 傛 妸 吏 囩 咅 叏  吙 叀 錀 幘 雗 囤 専 専 専 尾 尾 尾 傾 尾 尾 嗾 尾 傗Hao Yuan’s draft version?鍒嗛挓锛岀炕闈竴娆$洿鍒扮偢鑴嗐€傜洓鍒板灚鏈夊帹鎴跨焊宸剧殑鐩樺瓙閲屻€傚墿涓嬬殑鐏吙鐢ㄥ悓鏍The wind and the wind?3)鎶婇攨閲岀殑娌瑰€掑嚭鏉ワ紝鍙墿30姣崌锛岀劧鍚庢斁杩涘ザ娌广€傛斁鍏ヨ強鑻o紝鍒囬潰鏈濅笅锛岀敤楂樼伀鐓庡ぇ绾?2鍒嗛挓锛岀炕鍔ㄧ洿鍒板彉鐒﹀彉杞€傜敤鐩愬拰鑳℃绮夎皟鍛炽€傛妸钂插叕鑻卞彾鏀捐繘閿呴噷缈荤倰澶хWhat is the problem? What are you talking about? What are you talking about?4)鎶婄儰楦℃斁鍒扮洏瀛愰噷锛屽懆鍥存斁涓婅強鑻c€佽挷鍏嫳鍙跺拰鑴嗙伀鑵匡紝鎼厤鐓湡璞嗗嵆鍙笂妗岋紝淇濈暀涓嬬殑鐑ゆ眮涔熸斁鍒版涓娿€?銆 佽 强 鑻 gTanye?鏉愭枡锛氱墰鎺掋€侀粦鑳℃銆佺洂銆佽強鑻c€佽タ鍏拌姳銆侀粍娌规楠わ細(1)瑗垮叞鑺辨斁鐩愬紑姘Cun Ping Lian, who is afraid of embarrassingly squeezing the peaks and peaks of the mountains and mountains?(2) 銗 涙 帓 鐢 鄳 鱳 鱳 选 揉 Fear of 悗 鎶 紂 鍜 屰 摰 鑳 ℃  纰 庤 厡 20 鍒 嗛 挓; (3) 鏀 鳳 玌 楎 楎 駎 野鐩樺嵆鍙€?

Jin Shiyuan (603369): The growth of national borders is fast and excellent

Jin Shiyuan (603369): The growth of national borders is fast and excellent

The 1H19 results are in line with the 1H19 results announced by CICC Expected, with a total operating income of 30.

600 million, an increase of 29.

4%, net profit attributable to mother 10.

7 trillion, the same increase of 25.

2%, corresponding to EPS 0.

8.5 billion.

Sub-high-end national border income increased 44 in the first half.

3%, which lasted 44 in the first quarter.

9% high growth.

The increase in gross profit margin in the first 武汉夜生活网 half was not obvious, mainly due to the increase in costs and discounts.

Development Trend The national border is in a period of high-speed and high-quality growth with both brand power and scale increasing. The new V series breaks the category limit and further opens 800?
There is room for growth at the price of 1500 yuan.

The sub-high-end national borders represented by folio and sikai continue to rapidly increase in volume in the province. The brand and quality advantages have been recognized by more consumers. The channel is also more profitable due to better profitability. We expect 2019Annual / 20-year high-end national border revenue increased by 39% / 34%, accounting for 54% / 58% of the company. In 2018, the scale of the high-end national border was only 1.8 billion and it has just begun.

And by pricing 800?
With the launch of 1,500 yuan of Jianxiang V6 and Qingya sauce V9 this year, the company broke through the restrictions of Luzhou flavor category and set a thousand yuan price band ahead of time. The brand image of Guoyuan is fuller, which is conducive to the further improvement of Guoyuan brand power.

Channel expansion is both qualitative and qualitative, with intensive farming and refined channel management.

In the first half of the year, the number of dealers increased by 134, mainly in weak markets such as markets outside the province and southern Jiangsu, central and southern Jiangsu.

The market inside and outside the province is divided into brands according to the local development stage, and the growth strategy is refined by regions to continue to release the growth potential. In the first half of the year, the traditional advantaged market in Nanjing / Huai’an increased 49% / 17%, and the weak market Xuzhou / Suzhong /Sunan grew 61% / 24% / 21%.

The vitality of the company was further stimulated.

In the case of a relatively limited increase in the number of employees, employee compensation in sales expenses and management expenses increased by 25% / 13% in the first half of the year. At the same time, the gradual market-oriented incentive mechanism significantly increased employee motivation.

The coordination and cooperation of various departments has also significantly accelerated the speed of business processes.

Selling expenses increased significantly due to advertising expenses, and we expect profitability in the next year to gradually increase through scale effects.

Earnings forecast and forecast slightly lowered mid-to-low-end wine revenue forecast, while lowering sales expense forecast, thereby adjusting 2019 EPS forecast -1.

7% to 1.

13 yuan, 2020 EPS forecast unchanged.

Maintain target price of 36.

6 yuan, corresponding to 32 in 2019/20.


0x P / E, current price corresponds to 2019/20 24.


The price-earnings ratio is 5 times, and the target price has room for growth of 35%. Maintain Outperform rating.

Risks If the economic growth in the province is obvious, the income of the next high-end national border may not meet expectations.

China Railway (601390): Q3 orders grow 23% faster than expected Q4 hopes to continue to improve

China Railway (601390): Q3 orders grow 23% faster than expected Q4 hopes to continue to improve

Event: On October 23, the company announced third-quarter 北京夜网 operating data, and Q3 new growth orders grew 23%.

  Comment: Maintain overweight.

From the beginning of the company up to -14.

1% is far lower than CSI 300 (+26.

4%); the current dynamic PE is 6.

8 times the lowest in nearly five years, PB (MRQ) is only 0.

87 times, international leader Wanxi PE (TTM) 19.

7 times / company is only 8 times; underestimation of the low increase is clearly mismatched with the continuous improvement in order performance.

Maintain forecast for 2019/20/21 EPS is 0.



08 yuan growth rate of 15/13/11%, target price of 10.

02 yuan, corresponding to 11 in 2019/20/21.



3 times PE, increasing holdings.

  In the new millennium, the single-year growth rate of 23% in Q3 was once again faster than expected.

1) The new millennium is about 1 from January to September.

1 trillion yuan growth rate 14.

5% QoQ + 4pct, of which infrastructure growth rate was 9082 trillion 17.

9% MoM +4.

4pct, the railway in the infrastructure segment increased by 1490 trillion 11%, and the highway increased by 1216 trillion -13.

5%, the municipal government’s 637.6 billion yuan growth rate of 28.

8%; infrastructure investment business, growth rate of 51%; 2) Q3 single quarter new signing growth rate of 23% MoM + 2pct, infrastructure growth rate of 28% MoM +4.

5pct has accelerated significantly and is the speed since 2018; the municipal growth rate of 52% is outstanding; 3) The newly signed overseas growth rate of 35% in January-September, Q3 single-quarter growth rate of 69%, benefiting from the Belt and Road overseas expansionEnhanced.

  The leader of the Rail Transit University has benefited from the high prosperity of the industry and its own competitive advantages, and orders are expected to continue to improve.

  1) There are many favorable policies for the latest railways: ① The National Development and Reform Commission combed out and proposed to implement the railway dedicated line project in 2019-20, with a total investment of about 120 billion US dollars ② The policy of a strong country / special railway line was introduced; 2) The company has large and medium-sized railways in ChinaThe market share of the infrastructure market exceeds 45%, and the market share of the urban rail infrastructure exceeds 40%. Taking into account the recent speeding up of infrastructure approval and the rapid advancement of railway track traffic over 2 trillion, the company will fully benefit; 3) The company has the leading financing advantages of central enterprisesStrong, with outstanding professional advantages and enhanced scientific and technological strength, it has formed a business structure of “investors + budget + operators”; 4) The transfer of the target assets has been completed, which is beneficial to the second, third, fifth, and eighth bureaus to reduce financial burdens and improve performance.

  The rapid growth of performance is fully guaranteed.

1) The company’s orders protection in hand is nearly 4 times and new signings are continuously speeding up; business structure is optimized, and the proportion of high-margin municipal services will increase (new signings from less than 50% to 59%); 2) 2020In the last year of the 13th Five-Year Plan, the construction period will be rushed. In 2020, the railway operation mileage will reach 150,000 kilometers and only 1.

The 90,000-kilometer gap / the construction of urban agglomerations has crypto infrastructure needs and the current density of infrastructure divisions is still being divided overseas; the merger of central government’s fiscal revenue distribution adjustment / special debt and other policies are frequently underway. We judge that Q4 infrastructure investment is expected to continue to improve and2020 is better than the average of 2019, of which railway rail transit is in the direction of high prosperity; 3) GDP growth rate in the third quarter is only 6%, and pressure will exceed the bottom line in 2020, and infrastructure will gradually improve.

  Risk Warning: Better-than-expected economy, scale of infrastructure investment, tighter funding, etc.

Hang Seng Electronics (600570) Semi-annual Report Review 2019: Overlaps in the capital market and overlapping policies are supporting the steady growth of all business lines

Hang Seng Electronics (600570) Semi-annual Report Review 2019: Overlaps in the capital market and overlapping policies are supporting the steady growth of all business lines

Event: The company released the 2019 semi-annual performance report, and achieved operating income of 15 in the first half.

2 ‰, an increase of 12% in ten years; net profit attributable to mothers6.

80,000 yuan, an increase of 125 in ten years.


Realize deduction of non-net profit 2.

6 ppm, an increase of 14 in ten years.

6%, performance growth in line with expectations.

The rebound in the capital market and the favorable financial supervision have led to steady growth in all business lines in the first half of the year.

Affected by the recovery of the capital market, the implementation of the science and technology board plan, the implementation of new capital management policies, the opening of the Shanghai-London Stock Connect, and other favorable regulatory policies, the company’s revenue in various business lines 青岛夜网 grew steadily in the first half of the year.

1) Bank IT: Benefiting from cash management in the trading financial product line, the market demand for the asset pool and platform platform is active, and revenue growth has increased 28.

8%; 2) Brokerage IT: The company’s core trading system brokerage business operation platform UF2.

0 Cooperated with Lianxun Securities and further increased market share; 3) Wealth IT: Winning the bid to expand the TA project of the bank wealth management subsidiary, completing the right customer card slot of the bank wealth management subsidiary TA system, and increasing revenue growth.

1%; 4) Asset management IT: Benefiting from the recovery of the securities market and the implementation of the business policy of the science and technology board, the asset management business developed 青岛夜网 steadily in the first half of the year, and revenue increased.


The related income of science and technology board is expected to be confirmed in the second half of the year, and long-term performance growth is guaranteed.

Costs: The gross profit margin of sales increased at a high level, and the company further expanded research and development investment.

In the first half of the year, the company further optimized its business structure, and its gross profit margin increased to 98%.

Period expenses 88.

8%, an increase from the same period in the previous 18 years.

4pp, mainly because the company increased R & D investment and the R & D expense ratio increased by 2.


Profit side: The gains from the changes in fair value of the implementation of the new accounting standards increased, and non-net profit growth accelerated in the second quarter.

The company’s net profit attributable to mothers increased by 125 per year in the first half of the year.

9%, mainly because the implementation of the new financial instrument accounting standards, the company’s financial assets held by the increase in fair value changes in income increased.

The company’s non-net profit attributable to mothers increased by 14 each year.

6%, the growth rate of this indicator in the first quarter was 5.

3%, accelerated significantly in the second quarter.

Fully recommend online strategy and release the new generation development platform JRES3.


In 2019, the company will continue to advance its online strategy and comprehensively promote the online transformation of its technical architecture.

In May 2019, the company joined Ant Financial and Alibaba Cloud to jointly release the new generation of distributed service development platform JRES3.

0 Powered by ant, the newly developed products in the first half of the year are based on JRES3.

The proportion of 0 architectures has increased significantly.

Earnings forecast and grade: EPS is expected to be 1 in 2019-2021.

37 yuan, 1.

64 yuan, 1.

90 yuan, the net profit attributable to the mother in the next three years will maintain a compound length of 33%.

Taking into account the performance growth brought about by the short-term policy and the growth brought by the long-term online and AI strategy, with reference to comparable companies, the company was given 65 times PE in 19 years with a target price of 89.05 yuan, the first coverage, given an “overweight” rating.

Risk reminders: The prosperity of the capital market is declining; the new financial policy advances slowly; the growth of innovative businesses may be less than expected.

Test-office struggle

Test: Office struggle

If you are a transparent person, you can freely move around. No one can know what you are doing. With such infinite power, what would you want to do?

  A, stealing valuables B, doing sabotage everywhere, doing some perverted bad things C, approaching admired people D, mischief, making some harmless joke Choice A: Your ambition is very big, you want to eat a lot of things, whether it is rightPosition or interest, you are unwilling to let go.

These attempts are also in the eyes of the supervisor, but as long as you are an individual, the boss will certainly not treat you badly.

You must first create your biggest advantage, perform your best, and get a high score before you have the opportunity to negotiate with others.

But you can’t be too complacent. If you meet a boss who doesn’t cherish talent, you might think of some ways to kill your spirit.

  Option B: You have a good sense of consciousness, so you never want to be wronged.

If any difference makes sense, you’ll yell right away.

However, you also look at people very well, you will first observe whether the supervisor belongs to a certain role before deciding whether to succumb.

Sometimes, you also know that you should close your mouth first, make some good results, and then, at the right time, expect the benefits you deserve.

  Option C: You’re a bit greedy, but you can only do it manually in certain permissible interiors.

Normally, you will restrain your desires, and even if you feel that you have suffered an unfair price, you will still bear it.

For the boss, still respect the authority of the other party.

You silently look forward to the emergence of axioms, and believe that as long as you keep working hard, you will always find your value and contribution.

  Choice D: You seem to be a hermit master, and the struggle in the office will never break down and get kicked, because you simply don’t want to be here.

When it comes to personnel changes, you always stay out of it and don’t care, because you don’t like too complicated personnel struggles, so you don’t express it intentionally.

You are afraid of being involved in the vortex of fighting for power, and would rather keep your own work and be a clerk in peace.

If you want to be promoted, you have to see if your boss has such a vision.