Category: 夜生活

MCN Institutional Research Institute completed 20 million A round of financing, led by Weibo

MCN Institutional Research Institute completed 20 million A round of financing, led by Weibo
On March 20th, the MCN organization “Cross-Research Institute” announced that it had completed an A round of financing with a budget of 20 million yuan, and the leading investor was Sina Weibo.”Crazy Research Association” said that this round of financing will mainly be used for its content upgrade, e-commerce, and overseas diversified layout.It is hoped that the data shows that the main body of the operation of the “Symposium” is Beijing Weihao Technology Co., Ltd., hereinafter referred to as Beijing Infinix Zhongnong Business Consulting Co., Ltd., which was established on June 17, 2013. Legal representative Gao Zheming, chairmanGao Zheming, vice chairman, general manager Fang Dun, registered capital of 333.30,000 yuan, Sina Weibo Innovation Community Development Co., Ltd., Beijing Huoguo Science and Technology Center (Limited Partnership), Ningbo Wei Li Investment Management Partnership (shareholding ratio), the shareholding ratio is 59.41%, 30.60% and 9.99%.Beijing Huanguo Science and Technology Center (Limited Partnership) is jointly held by General Manager Fang Yedun and co-founder Zhang Ximan, and Ningbo Wei Li Investment Management Partnership (Limited Partnership) is the platform for Wei Li Investment.According to the information provided by the company, the “Cracked Research Society” was established in Beijing and received angel investment from Weili Capital. The team currently has about 50 people. It is a MCN institution rooted in China ‘s radiation overseas. Its core team members and responsibilities are divided.Including: Amir Gal-Or from Israel, is the company ‘s investor, director and chairman of INNONATION; Fang Yedun from China is the company ‘s co-founder and CEO; Raz Gal-Or from IsraelOr) is a co-founder responsible for overseas business; Zhang Ximan from China is a co-founder and chief operating officer responsible for e-commerce business and operations; Liu Qi from China is a co-founder and chief content officer,Responsible for content construction and planning; Xing Yue from the United States is responsible for video appearance and participation in content planning.Content system architecture, the content products of the “Crypt Research Society” mainly include video content with the main line of “China under the perspective of crooked nuts”, vertical video content with the main line of “overseas products and knowledge”, and “helping China”There are three main categories of foreign language video content with “Outbound” as the main line.Mainly through Weibo, B station, Douyin and Youtube, Facebook, Instagram, Tik Tok for distribution.In addition, the Wise Research Institute has also conducted many large-scale variety shows and co-productions with Tencent Video.As of February 2020, Affiliated Research Institute has accounted for new media matrix accounts such as “Affected Nut Research Association”, “Local Specialties” and “YChina”, and the entire network has more than 70 million followers.Following the core concept of “Let the world’s youths understand China”, the Crazy Research Society has launched street interviews including “Since the Group of Crazy Nuts Came to China” in the past three years.》 Various original video programs that help marginalized people speak, help alleviate social prejudice, and eliminate stereotypes.”YChina” has also become a unique content channel on Facebook that comprehensively introduces China.At the same time, the Crooked Society also incubated and signed more than 40 COL (Cultural Public Opinion Leaders, that is, video content celebrities with rich perception and strong expressive power of their own culture and Chinese culture).They are from Israel, the United States, Australia, Spain, Argentina, Japan, Thailand and other countries and regions, covering 10 vertical areas including food, beauty, fashion, travel and so on.This has also resulted in the “skewed seminar” gradually becoming a comprehensive cultural creativity and content production institution.The extent of commercialization, the current source of income of the company is mainly commercial advertising, e-commerce and overseas integrated marketing.The team has served more than 300 first-tier domestic and foreign brands including JEEP, Google, Huawei and others.Since the end of 2018, the Wise Research Association has been actively deploying more business paths including e-commerce sales and knowledge of how to internalize.A few days ago, Crazy Research has officially become a strategic partner of Tmall international e-commerce content, and jointly promote cross-border e-commerce business through live broadcasts and short videos.On March 8th, the affiliated broadcaster “Beltech” received more than 800,000 GMV and more than 3,000 sales conversions for the first live broadcast.In fact, the team is also actively looking for partners, hoping to create new business sectors such as live streaming of e-commerce and course services.Sauna, Ye Wang Bai Jinlei editor Li Weijia proofread Liu Yue

[How do steamed noodles not sticky and soft?]_ How to do_How to do

[How do the steamed noodles not stick and soft?

】 _How to do_How to do

Pasta has a lot of benefits for the human body, it is good for digestion, and it can also nourish the stomach. Lumen is a food that many people like to eat. It is the method for steamed noodles.Group, but it does n’t seem to have appetite, and the taste is not so good. When steaming the noodles, pay attention to the temperature of the water. How can the steamed noodles be non-sticky and soft?

Let ‘s take a look next.


Steamed noodles are prepared in cold or hot water: one pound of fine noodles, two or two pork belly, half a catty of soybean sprouts, half a catty of celery, and a small amount of oil and salt.


Soy bean sprouts and celery were boiled with water, respectively;

2. Process pork belly, cut the fat into the pan and simmer the oil, and fry the rest of the lean meat until it is mature. 3.

Take a clean wok (larger) and brush with a layer of sesame oil first.


Add water, add as much as you want.

Then take 4-6 chopsticks and add it to the water surface, try to have a certain distance from the water surface; 5.

Spread the thin noodles evenly on the chopsticks, not too thick, and spread the soybean sprouts and celery evenly.


Cover the pot and steam over medium heat.

[Note]Do not steam over high heat, otherwise the water will be unripe as soon as it is dry.

If you want to eat oily, steam it a little longer, if you want to eat dry, steam it a little bit.

[Time]30 minutes to 50 minutes.


How to steam the braised noodles not sticky and soft? Ingredients: 250g pork, 500g kidney beans, 500g long whisk noodles; accessories: appropriate amount of spring onion, appropriate amount of ginger, appropriate amount of star anise, appropriate amount of old soy sauce, appropriate amount of cooking wine; recipe: washed pork cut, kidney beanWash and shred, prepare ginger and shallot segments.


Practice 1.

Stir-fry the pork first, add cooking wine and soy sauce, then add onion, ginger, star anise, stir fry a little, add shredded kidney beans, add more water after frying, and simmer for a while.

The soup is slightly salty.


Add more water to stew the kidney beans. Kidney beans are about six.

(It’s the same way as fried pork with kidney beans in normal time, but you need to add more water, the soup is even with the vegetables, and you need to use a lot of vegetable soup for steamed noodles)

After the water is boiled, gently pat the dried dragon whisk noodles and spread them with your hands. Place the layers in a wet cage cloth in a steamer and steam for 20 minutes.


Put the steamed dry noodles in the bowl, sprinkle the vegetable soup evenly and stir well, then put the fried vegetables into the noodles and mix well.

Remove the mixed vegetables and noodles from the basin (not to use the extra vegetable soup left over from the bottom of the basin), and then put them back on the steamer wet basket cloth.
20 minutes.


Turn off the heat after 20 minutes, pour the noodles and vegetables into a large bowl, and drizzle a few drops of sesame oil quickly and evenly.

Then use two pairs of chopsticks to copy the noodles together and shake them to make the noodles stick together.


The noodles are soft, moderate, and delicious. They are served on a plate.

Can be served with cold cucumbers.
It’s delicious.

[How to cook sweet and sour pork ribs _ sweet and sour pork rib tips]

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[Can enzymes detoxify?]_ Effects_Efficacy

[Can enzymes detoxify?]_ Effects_Efficacy

Enzyme is a liquid produced by fermentation of various foods. Can enzymes detoxify?

In recent years, the shadow of enzymes can be seen everywhere in life. Some people use enzymes to clean tableware, and some people use enzymes to lose weight, because the enzymes can help the body detoxify and keep the body lean.

Let ‘s take a closer look at all the functions and effects of enzymes. Let ‘s take a look.

First, can enzymes detox? Detoxification enzymes, also known as enzyme detoxification, are short for intestinal toxin enzymes. A detoxification and health method by removing intestinal wrinkles.

Due to the wrinkle-like structure of the intermediate, foods larger than 15 microns cannot be absorbed by the capillaries, and they have not been excreted in time. They are hoarded in the intestinal folds of 6-8 meters in length, and excessively spoiled to form toxins.
Second, the role and efficacy of enzymes 1, enzymes to maintain the body’s balance Enzymes can help the body maintain a balanced state.

Because enzymes can make the blood in the body weakly alkaline, thereby helping to remove residual waste accumulated in the body, maintain the balance of intestinal bacteria, strengthen cells, strengthen the body’s resistance and so on to maintain the balance of the body’s internal environment.

2. Enzymes help to lose weight Enzymes can help lose weight.

Obese people have too little fecal enzymes in their bodies to properly break down excess feces in the body, and the human liver, kidneys, and blood vessels in the accumulated feces become heavier and cause diseases.

Enzymes can supplement the unfortunate enzymes that the body needs, and effectively burn the excess misfortune, so as to achieve the purpose of healthy weight loss.

3. Enzymes help detoxify and maintain beauty.

Toxins in the human body are decomposed and decomposed by types of toxic enzymes synthesized by the liver and other organs. Eating enzymes can effectively help enhance the body’s detoxification and detoxification functions, effectively help improve body organs, blood cleanliness, and excess toxins are replacedIt can also effectively help skin care and improve rough and dull skin.

4. Enzymes effectively prevent diseases Enzymes can effectively help the body prevent diseases.

With the increase of age, the body’s function is degraded and the body’s immunity is continuously reduced, making the body more prone to diseases.

Enzymes can help delay the rate of organ aging and degradation, maintain the body’s immune function, and effectively prevent disease.

5. Enzymes to remove plaque, and to remove nutrients such as superoxide dismutase, vitamins, and fiber replacement enzymes contained in enzymes that can help reduce blood lipids, reduce hypertension, and prevent atherosclerosis.The condition has an adjuvant therapeutic effect.

6, enzymes help antibacterial and anti-inflammatory.

It can be said that enzyme is a naturally occurring antibiotic, which is enough to move white blood cells, promote white blood cells to play a bactericidal effect, and promote the regeneration of new cells, effectively treat body inflammation and so on.

7, enzymes can prevent drunken enzymes can help prevent drunkenness, and acute poisoning caused by excessive alcohol replacement and so on.

Because of the decomposition function contained in the enzyme, the alcohol lamp substance contained in the blood can be quickly decomposed to achieve the purpose of hangover.

[How to eat the mackerel]_How to make_How to make

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[How to make spicy flower nails is delicious]_How to make_How to make

鑺辩敳鏄礉澹充竴绫荤殑娴烽矞锛岃繖涓鑺傚悆鑺辩敳鐨勫懗閬撴槸闈炲父妫掔殑锛岃€屼笖鍙f劅涔熶笉閿欙紝涓嶈繃鍦ㄥ仛鑺辩敳鐨勬椂鍊欓櫎浜嗘竻钂稿拰娌圭倰浠ュ锛岃繕鍙互鍋氶杈h姳鐢诧紝涓嶈繃鍦ㄨ繖绉嶈姳鐢蹭箣鍓嶉渶瑕佹敞鎰忥紝瑕佹彁鍓嶆斁鍦ㄦ按涓鑺辩敳鍚愬共鍑€娉ユ矙锛岃繖鏍峰悆璧锋潵鎵嶈兘鏇村共鍑€銆傞杈h姳鐢叉潗鏂欒姳鐢?000G Qiancha Jingniu?0 鍏?Sorry, girl?0G 銁 identified soup 銆 佸 Chain 皯 璁?What’s the matter?U?20 years old?Kwong Kwok Yu 50?Are you tired of 100?Key patch 30?30 years old?鐩愩€佸懗绮惧皯璁稿仛娉?銆 佳 鐢?Looking down on the sorrows?銆佸共杈f鐢ㄦ竻姘存场閫忔播骞叉按鍒嗐€?What are you talking about?00鍏嬨€?0鍏嬬函楦℃补锛屾斁鍏ヨ懕濮滃皬鐏墎棣欍€?銆 佹 斁 楹 画  銆 俀 俪 铡 眡 眡 霡 鈡 劸 啸 嬴 場 厴 哴 擨 澶 х 伶 伾 喾 斁 斁 斋 斉 揣 敤 柤銆 佹 斁 鍏 ヨ 姳 鐢?I ‘m sorry, I ‘m sorry, I ‘m tired of it, I ‘m sorry, I ‘m sorry, I ‘m sorry, I ‘m sorry, I ‘m sorry, I ‘m sorry.炕镣掕伞镙峰幓鑵ャ€?銆佸姞鍏ヨ渹铚溿€佽€佹补缈荤倰銆?銆佸姞涓€姹ゅ嫼姘达紝鐩磋嚦鑺辩敳鍏ㄩ儴寮犲紑鍢达紝婊寸偣楸奸湶銆佸懗绮撅紝鍑洪攨銆傞夯杈i鐢滆姳鐢插氨鍋氬ソ浜啠′竴鍙d笅鍘伙紝鑲夎川椴滅編锛屾湰鍛充繚鐣欙紝婊戠埥鐢樼敎锛屼箣鍚庢槸楹昏荆椴滈锛岃浣犲悆寰楀仠涓嶄笅鏉ィ?!A lot of troubles are happening. The child’s soup is soaked up. The chain of troubles: the chain of troubles, the problem of troubles.岀 洂 锅 氭 桶 1. 揔 板 洖 鏉 ョ 殺 擺 右 哉 叉叉 尉 尉 尓 呓 哮 鎴  纴 锷 珆 卑 獳 獳 獳 菳 Huai 娌 Gui 璴 璁 ╄ 姳 吢 訙 璌 啌 娌 和 和 和 咙 嗌 嗌 嗢2. How do you do it by learning from the teacher? 3 銆 皸 簢 簺 鰳 揳 鏀 揳 鏀 揳 尔 咔 尔 對 姽 姏 姏 像 ュ 皯 珯 珯 叁 堁 堂堂 参 堂 参 誏 堂堂 堂堂What are you talking about? What are you talking about? What are you talking about? What are you talking about? Reading  銳 ; 4. Long sorrow and fear?Adze?Are you arguing and arguing?5. Heading up and arguing; 6. 鎹 炲 嚭 鏉 ュ 悗 娌 ュ 共 姘 村 垎; 7. Do you want to make a mistake?Do you have a chain?8. .Baby girl soup soup; 9. What’s the matter? What are you talking about? How about tea?10.I’m so tired of it. I’m going to make up for it. I’ll make up for it. 11. 12; 12. 鏈€鍚庡姞鍏ュ皬钁辨湯缈荤倰;13.搘 揘 揆 湆 搩 斑 銆?

[Cold burdock]_burdock_how to do_how to do

[Cold burdock]_burdock_how to do_how to do

There are many ways to make burdock and how to eat it, but the cold burdock is loved by many people, but how to finish it to enjoy its deliciousness!

You can refer to the following statement, and burdock has a good effect of lowering blood pressure, weight loss and beauty.

First, the required ingredients are four sirloin burdocks, six enoki mushrooms, two avocado strips, two gherkins, and carrots.

This paragraph production method 1.

After the burdock is shredded and soaked in water, boil it in water and cook it in cold water before putting it in the refrigerator.

Acacia sticks soaked and cut into sections.

Flammulina velutipes is hot, shred cucumbers and shred carrots.


Chill all ingredients and season when you eat.

Second, the efficacy and role of burdock 1.

Blood pressure is rich in supplementary fiber in burdock root. The supplementary fiber has the function of adsorbing sodium, and can be excreted with feces to reduce the sodium content in the body, thereby achieving the purpose of lowering blood pressure.


Weight-loss burdock dietary fiber can promote blood circulation, remove gastrointestinal waste, facilitate laxation, reduce cholesterol in the body, reduce toxins, and waste accumulation in the body to achieve weight loss.


Beauty skin care Burdock can clean up blood garbage, implant the metabolism of cells in the body, prevent aging, make the skin beautiful and detailed, and eliminate pigmentation and dark brown spots.


Anti-cancer and anti-cancer burdock is known as the best blood clearing agent in nature. It can promote the reproduction of cells in the body, enhance and strengthen white blood cells, “sheets”, make T cells grow at three times the rate, strengthen immunity, and fight against cancerAnd uremia also has a good preventive and inhibitory effect.

Bank of Nanjing (601009): Single quarter results have improved slightly and asset quality is stable

Bank of Nanjing (601009): Single quarter results have improved slightly and asset quality is stable

On the evening of October 30, 2019, Bank of Nanjing disclosed the third quarter report of 2019, and our opinions are as follows.

Investment suggestions: In the first three quarters of 2019, the company’s revenue and PPOP growth rate have fallen, and the growth rate of net profit attributable to mothers has picked up.

The company’s performance improved slightly in the single quarter, and investment income was an important support.

It is expected that due to the pressure of deposit competition, the company’s debt costs will be increased, which will drag down the interest rate differential.

The company’s non-performing ratio fell, provision coverage ratio rebounded slightly, and asset quality was stable.

We expect the company’s attributable net profit growth rate to be 15 in 2019/2020.

36% and 10.

56%, EPS is 1.


66 yuan / share, BVPS is 9 respectively.


39 yuan / share.

The current anniversary corresponds to 5 PE in 2019/2020.

83X / 5.

27X, PB are 0.

96X / 0.


The company has dynamically evaluated the hub in the past two years.

About 1 PB, we press 1 for 2019.

1x PB growth, reasonable value is about 10.

08 yuan / share, maintain “Buy” rating.

Risk reminders: 1. The economic downturn has caused worse-than-expected asset quality; 2. The competition for deposits has intensified, and the economic demand at the transfer asset side has weakened, and interest margins may decline.

The third quarter performance has improved slightly, and investment income is the main support for the first three quarters of 2019. The company’s revenue, PPOP, and net profit or growth attributable to its mothers were 21 respectively.

10% (2019H1: 23.

29%), 23.

80% (2019H1: 27.

11%), 15.

33% (2019H1: 15.

07%), compared with the second quarter, the company’s third quarter performance improved slightly.

Judging from the contribution contribution of the net profit growth rate to the mother in the third quarter, the positive contributing factors are mainly the growth rate of interest-generating total assets, provision and other income and expenditures (mainly investment income, which exceeded the growth rate of 151 in a single quarter).

4%), the main negative contributing factors are net interest margin and effective tax rate.

The proportion of loans continued to rise, and the cost of debt dragged down the spread of interest. The company disclosed that the company’s net interest margin in the first three quarters of 19 was 1.

90%, the earlier 19H1 decreased by 4bps.

We estimate that 四川耍耍网 the yield on interest-earning assets rose 3bps to 4 from the previous quarter.

38%, the debt cost ratio rose by 9bps to 2.


From the perspective of the asset-liability structure: (1) As for the interest-earning assets, the company continued to adjust the asset structure and the proportion of interbank assets continued to decline. At the end of the third quarter, the ratio of loan assets to interest-generating assets rose to 42.
8% (VS2019H1: 40.
3%). At the same time, the proportion of retail loans in loans has increased, which supports the improvement of the overall asset-side yield.

(2) On the debt side, continue to increase deposit absorption and reduce inter-bank debt.

At the end of the third quarter, the proportion of interbank debt dropped to 3.

8% (VS2019H1: 6.

0%), the proportion of deposits in interest-bearing debt rose to 70.

7% (VS2019H1: 70.

0%), of which the proportion of demand deposits declined.

It is expected that competition in deposits will remain fierce, driving up negative interest-bearing costs.

The NPL ratio is stable, and the provision coverage ratio rebounds slightly. At the end of the third quarter of 2019, the NPL ratio is stable at 0.

89%; provision coverage rate is 415.

51%, a month-on-month increase of 0.


We estimate that the company’s net annualized NPL ratio in the first three quarters was approximately 1.

52%, an increase of 0 compared with the same period last year.

79PCT, an increase of 0 from the first half.


Subsequent company asset quality, risk control capabilities, bad disposal and provisioning strategies are important concerns.

As of the end of the third quarter of 2019, the company’s core tier 1 capital was supplemented and reorganized8.

68%, a decrease of 0 from the end of the first half.

19 points.

China Merchants Steamship (601872) 2018 Annual Report Comments: Non-tanker segment drives 18-year performance growth Oil tanker recovery attempts to drive performance to continue upward

China Merchants Steamship (601872) 2018 Annual Report Comments: Non-tanker segment drives 18-year performance growth Oil tanker recovery attempts to drive performance to continue upward

Event: China Merchants Shipping released the 2018 annual report, and achieved operating income of 109 during the reporting period.

3 ppm, an increase of 13 in ten years.

8%; net profit attributable to mother 11.

70,000 yuan, an increase of 38 in ten years.

2%, equivalent to 0 EPS.

19 yuan, the performance is in line with the forecast; net profit after deduction of 8.

50,000 yuan, an increase of 157 in ten years.


The company transparency sent a cash dividend of 0.

RMB 058 (including tax). Cash dividends account for 30% of net profit attributable to the mother.

2%, corresponding to the exchange rate of 1 on April 10.


  Comments: The VLCC market was extremely sluggish in the first three quarters of 2018, and began to pick up in the fourth quarter.

In the first three quarters of 2018, the average daily rent of the VLCC Middle East-China (TD3C) route was US $ 10,000 / day, a continuous decline of 43%, which was at a historical low.

In the fourth quarter of 2018, due to the improvement in market supply and demand and the peak season caused by the global dismantling of old tankers since 2018, market freight rates have clearly picked up, and the average daily revenue of the VLCC Middle East-China route.

USD 50,000 / day, a 128% increase over ten years.

2018 preliminary VLCC Middle East-China route average daily revenue1.

USD 90,000 / day, basically unchanged from 2017.

In the first quarter of 2019, the average daily rent level of the VLCC Middle East-China route was 2.

USD 80,000 / day, 0 compared with the same period last year.

The extremely low level of $ 80,000 / day has clearly recovered.

Judging from the conventional laws, due to the centralized maintenance of refineries, the second and third quarters are generally the traditional off-season of the VLCC market, and freight rates have a downward pressure in stages.

  Affected by the market downturn, the company’s oil shipping business gross margin decreased in 2018 8.

6 units.

In 2018, the company received the delivery of 5 new VLCC ships, with a total of 50 VLCCs at the end of the year.

The company’s tanker freight volume is estimated at 7,258, an increase of 10 per year.

4%, the operating income of tanker transportation business was 47.

80,000 yuan, an increase of 0 in ten years.

2%, gross margin of 14.

4%, more than ten years.

6 units.

There is a lag in the current market revenue of tanker shipping, which reflects that the estimated value of the VLCC revenue level in 2018 was actually the fixed load from December 2017 to November 2018, which gradually declined 26.

9%. Affected by this, the company’s oil transportation business income level fell.

  Benefiting from the increase in freight rates in the dry bulk market and the delivery of new VLOC vessels, the company’s bulk cargo business performance in 2018 improved.

The average BDI index in 2018 was 1353 points, an increase of 18 per year.

1%, while the company received 15 new VLOC vessels.

In 2018, the company’s bulk cargo volume increased by 7747 per year to 16 per year.
The company’s dry bulk business income is 40.

4 ppm, an increase of 21 in ten years.

6%, gross margin of 23.

6%, an increase of 4 per year.

7 averages.

In the first quarter of 2019, the average value of the BDI index was 798 points, which decreased by 32 each year.

1%, but the company’s immediate bulk freight capacity exceeds the expected impact is limited.

  Affected by fierce competition, the gross profit margin of the company’s ro-ro ship business decreased slightly in 2018.

2 units.

Domestic car sales in 2018 fell 2% year-on-year.

8%. At the same time, the domestic rolling equipment market is fiercely competitive, and freight rates have fallen steadily.

In 2018, the company’s commercial vehicle freight volume was 1156 per year, an increase of 11 year-on-year.

9%, revenue from Ro-Ro ship business13.

4 percent, an increase of 13.

6%, gross margin of 17.

7%, ten years ago 4.

2 units.

  Benefiting from the delivery of new LNG ships, investment income has grown.

In 2018, the company received 5 new LNG ships. All of the company’s LNG ships have long-term contract lock-in revenue. The increase in capacity will bring corresponding increase in revenue.

Realizing investment income in 20182.

10,000 yuan (including LNG business contribution of 1.

800 million), increasing by 0 every year.

800 million.

  Continue to be optimistic about the recovery of the foreign trade oil transportation market.

After the US shale oil revolution, crude oil exports have grown rapidly.

Clarksons predicts that U.S. offshore crude oil exports will reach 2.6 million barrels per day in 2019, and then increase by 900,000 barrels per day, accounting for about 2% of global offshore crude oil exports. The U.S. crude oil pipeline is expected to begin large-scale production in the second half of 2019.By then, US crude oil exports are expected to be heavy.

The transportation distance from the United States to Asia is three times that of the traditional Middle East to Asia. The growth of US exports has gradually increased to increase the turnover. If only the changes in the structure of crude oil exports are considered, it is assumed that the United States increases the global crude oil exports by 2% each year.When shipped to Asia, OPEC reduces the corresponding export volume to Asia. It is expected that the global offshore crude oil turnover will increase by 4%, 4%, and 4% in 2019-2021.

Assume that the annual delivery of new ship orders for 2019-2021 will be restored by 80%. It is expected that new ships will deliver 16.8 million, 12.02 million and 4.66 million DWT in 2019-2021. The IMO sulfur restriction order will take effect at the beginning of 2020. At that time, the promotion of old ships will be accelerated.Assuming 3, 5 and 5 million dwt of shipbreaking in 2019-2021, the capacity growth rate is expected to be 6 in 2019-2021.

1%, 2.

9%, -0.


Affected by the concentrated delivery of capacity in 2019, there is some pressure on the supply side, but the sulfur restriction order in early 2020 may reduce capacity turnover in the second half of the year; the US exemption for Iran ‘s crude oil export ban continues until early May. If the exemption is cancelled, Iranian tankers (VLCC capacity accounts for 5% of the world) may be partially suspended, which is expected to ease supply pressure.

We think the oil tanker market has entered a recovery cycle and continue to be optimistic about the market’s picking up trend.

  Profit forecast and rating.

Assuming that the company’s VLCC daily rent level for 2019-2021 is $ 30,000, $ 40,000, and $ 50,000 per day, the company’s net profit attributable to the parent for 2019-2021 is expected to be 16.

4, 28.

9, 40.

6 trillion, the company’s additional issuance is still in progress, regardless of the additional issuance and dilution, equivalent to 0 EPS.

27, 0.
48, 0.
67 yuan.

The company’s recognized April 10, 2019 corresponding PE for 2019-2021 is 19, 10.

8, 7.

7 times, corresponding to 1 PB in 2019.

4 times.

We believe that the oil industry is at the starting point of recovery, and continue to be optimistic about the market’s warming trend. Investors are advised to choose a machine layout and maintain the company’s “prudent increase” rating.

  risk warning.

U.S. crude oil export growth exceeds expectations, global crude oil shipping demand exceeds expectations, oil transportation capacity growth exceeds expectations, 重庆耍耍网 changes in oil prices, maritime security incidents, policy risks, and the impact of the Sino-US trade war exceeds expectations

Lycium barbara wine

Lycium barbara wine

Efficacy: nourishing blood and eyesight, nourishing hair and nourishing face, delaying aging, replenishing qi, and resisting premature aging.

Suitable for liver and kidney cancer and premature aging.

  Ingredients: 200 grams of Chinese wolfberry and 500 grams of white shochu.

  Production: Wash the wolfberry, cut it into pieces, add it to the bottle, add white shochu, seal it with a lid, place it in a cool and dry place, shake it once a day, and place it after 1 week.

Add liquor while drinking.

  Usage: According to the amount of alcohol, substitute before dinner or before bedtime, usually 10 times per serving?
20 grams, not excessive.

  [Source]: It is the mature fruit of wolfberry, a dicotyledon medicinal plant Solanaceae.

  [Efficacy]: Bushen Yijing, nourishing the liver and eyesight, nourishing blood and soothe the nerves, nourishing the thirst, nourishing the lungs and coughing.

  [Indications]: Treatment of liver and kidney yin deficiency, waist and knee weakness, dizziness, dizziness, dizziness, tears, fatigue, cough, thirst, and nocturnal emission.

  ① Tao Hongjing: “Tonics Qi and strengthens the vagina.

“②” On the nature of medicine “:” can replenish the lack of essence, easy color, whitening, eyesight, soothe the nerves.

“③” Materia Medica of Diet “:” Strong tendons and age-resistant, in addition to wind, replenishing muscles and bones, can gain benefits, go to waste.

“④ Wang Haogu:” The main heart disease is dry, heartache, thirst and drinking, kidney disease disappear.

“⑤” Outline “:” Nourishing the kidneys, moisturizing the lungs, eyesight.

“⑥” Compendium of Materia Medica “:” Treatment of liver and wind deficiency, red eyes, itching and faintness.

“Treatment of stroke, dizziness, wasting, seeing blood, coughing blood, sickness, jujube, shin, dysentery, trauma, nocturnal emission, turbid whiteness, athlete’s foot, and knee wind.

“[Sexual flavor return classics]: Gan, Ping.

  ① “Do not record”: “Slightly cold, non-toxic.

“②” On the nature of medicine “:” Sweet and flat.

“③ Materia Medica:” cold, non-toxic.

Into the liver and kidney.

  ① “Compendium of Materia Medica”: “Foot Shaoyin, Foot Jue Yin Meridian.

“② Materia Medica Interpretation”: “Into the foot Shaoyin kidney meridian, the hand Shaoyin heart meridian.

“③” To be divided into medicine “:” Into the liver, stomach and two meridians, and into the lung meridian.