Qianyuan Power (002039) Commentary on Major Issues: Launch of Non-Public Upgrade Platform Layout to Increase Dividend Hedging

Qianyuan Power (002039) Commentary on Major Issues: Launch of Non-Public Upgrade Platform Layout to Increase Dividend Hedging
The additional issuance will help Huadian Group to strengthen control and help the company become an important capital operation platform of the group. It is expected that subsequent capital operation progress will gradually be put on the agenda; the future rate of return range calculated according to the new return plan is 3.7%?4.7%, which has a certain attractiveness; the DCF estimation method is used to obtain a target price of 18.70 yuan / share, maintain “Buy” rating. The company launched a non-public offering plan.The scale 北京夜网 of funds raised in this issuance plan is up to 6.8 trillion, the planned issue size is not more than 0.4.3 billion shares, the proposed issue price is not less than 90% of the average stock transaction price 20 trading days before the pricing benchmark date. The additional issue is the major shareholder Huadian Group. The funds are used to repay bank loans and improve the company’s financial status. The company is expected to rise within Huadian Group.Prior to this offering, the major shareholder Huadian Group directly and indirectly held equity in the company25.98%, the proportion of shareholdings. After the completion of this additional issue, the maximum shareholding ratio of major shareholders will increase to 35.12%, increasing control over the company means that the company continues to rise within the group, and the 佛山桑拿网 company is expected to become an important capital operation platform for the follow-up Huadian Group. Subsequent capital operations are expected to be on the agenda.The company’s chairman has recently been replaced. The new chairman, Mr. Tao Yunpeng, has served as the director of the Capital Operations and Ownership Management Department of Huadian Group and has extensive experience in the capital field.After the completion of this additional issue, objective considerations such as the increase in the majority shareholder’s shareholding, the background of the new chairman, and financial statements are expected. It is expected that the subsequent capital operation of the company will be on the agenda. Increasing the dividend payout to hedge the dilutive pressure, implying a continuous side indicates attitude.The scale of the proposed cap is 14.1%, scale is relatively tight, there is a certain pressure to dilute performance.The company’s past dividend payout ratio, 2017?The dividend payout ratio for 2018 was 28.6% and 24.9%, the company launched the next three years (2019?2021) shareholder return plan, the annual cash distribution of profits is more than 40% of the distributable profits realized that year.4 after following a reasonable and reasonable level of dividend yield?The 5 million US dollars belongs to the net profit range of the mother and the current stepwise calculation, the future dividend rate range may increase to 3.7%?4.7%, hedging diluted.In addition, the implied price calculated based on the size of the issue funds to be issued and the share cap is 15.81 yuan, the previous day’s closing price premium of 12.1% also shows the attitude of Huadian Group. Risk factors: running water is dry; electricity price is lowered; market-oriented profit margin and scale are expanded. Investment advice: Considering the uncertainty of non-public offerings, we temporarily maintain 2019?2021EPS Forecast 1.14/1.31/1.46 yuan, currently matching the corresponding P / E is 12/11/10 times.Use WACC6.27% and 0.Assumed 0% sustainable growth, the DCF discount method gives the company a target price of 18.70 yuan / share, maintain “Buy” rating.

Guiguan Electric Power (600236): Hydropower subject to inflow water, but Heshan Hydropower Station ‘s power generation has increased significantly

Guiguan Electric Power (600236): Hydropower subject to inflow water, but Heshan Hydropower Station ‘s power generation has increased significantly

Event: The company released its 2019 Interim Report.

The company achieved operating income of 47 in the first half of the year.

16 trillion, a reduction of 0 a year.

8%; realized net profit of return to mother 12.

27 ppm, a reduction of 3 per year.

2%, in line with Shen Wanwanyuan’s expectations.

Key points of investment: Dry water from the Hongshui River Basin weighs on hydropower generation.

Since the beginning of 2019, the global El Ni?o phenomenon has been strong. The southern region as a whole has a large but uneven distribution. The red water basin where the company is located is dry.

The company achieved 177 hydropower generation in the first half of the year.

6.1 billion kWh, a reduction of 7 per year.

7%, of which Longtan and Yantan, the main sources of profit, decreased by 11 respectively.

7% and 11.


Water supply in Guangxi Province has improved during the flood season. In July, the average number of hours of hydropower utilization in a month increased by 16 consecutive hours. It is expected that hydropower performance will improve in the second half of the year.

The improvement of Guangxi’s supply and demand caused the total increase in the amount of thermal power generation in the mountain, and the thermal power business has reduced losses. Guangxi Province is the main destination for the electrolytic aluminum industry transfer in the power grid.

9%, the impact of the combined hydropower generation reduced, the company’s Heshan Power Plant realized power generation in the first half of the year.

7.4 billion kWh, an increase of 59 in ten years.


At the same time, it benefited from the decline in the price index of thermal coal in Guangxi in the first half of the year6.

57%, the company’s thermal power business in the first half of the net profit increased by 3,291 million, repeatedly reducing losses1.

1.9 billion.

Actively optimizing the clean energy power supply structure, and its stable performance is conducive to maintaining high dividends.

As of the end of June 2019, the company’s hydropower, wind power and other clean energy accounted for 88% of installed capacity in service.


The Guangxi Binyang Mawang Phase I wind power project constructed by the company in 2018 realized the first unit to start production at the end of March 2019. The Mawang Phase II wind power project (100MW) was approved in May. New energy is expected to continue to contribute to the increase in installed capacity.
The company significantly increased the dividend ratio. The dividend ratio for 2016-2018 was 30.

38%, 79.

68% and 63.


At present, the company’s overall performance is stable, and the high dividend payout ratio is expected to remain.

Yangtze River Power once again increased its shareholding in the company, and its shareholding ratio ranked fifth.

Yangtze Power continued to increase its shareholding in the short-term. It entered the top ten shareholders for the first time in the 2018 annual report, and increased its shareholding again in the first half of 2019.

64% of shares, the current gradually holding proportion has reached 3.

21%, ranking the fifth largest shareholder.

The company’s value is recognized by the highest industrial capital.

Earnings forecast and estimation: Taking into account the situation of incoming water and the adjustment of profit from the downstream of hydropower adjustment, we lowered the net profit return to mothers for 2019-2021 to 24.

67, 25.

91 and 26.62 trillion, respectively (26 before adjustment).

77, 27.

9.6 billion, 苏州桑拿网 28.

5.9 billion), the current sustainable corresponding PE is 15, 14, and 14 times, maintaining the “Buy” rating.

Jiechang Drive (603583) First Coverage Report: New Blue Ocean Linear Drive Helmsman Continues High Growth

Jiechang Drive (603583) First Coverage Report: New Blue Ocean Linear Drive Helmsman Continues High Growth

Grasp the North American office core market, manufacturers of high-quality linear drive control systems continue to grow rapidly.

The company is a domestic benchmark enterprise of linear drive control systems, and has led the drafting of industry standards for DC motor push rods.

The foundation of high-quality products was successfully entered into the North American smart office equipment market, and performance continued to rise.

In the past five years, the compound annual growth rates of the company’s revenue and net interest rate were 43.

49%, 58.

twenty one%.

The upstream supply is loose, the downstream customers are of high quality, and the company’s comprehensive gross profit margin is maintained at about 50%.

Net operating cash flow continued to grow with increased revenue, reaching 1 in 2017.

6.9 billion, accounting for about 24% of revenue.

The asset structure is high-quality, the asset-liability ratio is less than 30%, the monetary funds exceed 200 million US dollars, and the total asset share exceeds 30%.

The global office and medical linear drive system market size is nearly 40 billion, with an overall growth rate of about 10%.

The linear drive is convenient and 青岛夜网 efficient to achieve linear displacement of terminal facilities through control and actuators. It is widely used to automatically drive electric beds, nursing beds, and gradually increase the price of TV racks.

Comfortable office has led to ergonomic intelligent office equipment; the acceleration of the global aging rate, the increase in the frequency of medical treatment, and the increase in demand for medical equipment.

It is estimated that from 2018 to 2020, the scale of linear drive products for medical and health care equipment in the global office field will be US $ 177/153, US $ 193/160, and US $ 216.8 billion.

Smart homes further drive market expansion of linear drive products.

Regardless of the incremental market brought by the increase in product penetration, referring to Markets and Markets data, in the next 重庆耍耍网 three years, the use of linear drive products in this field will maintain a growth rate of about 14%.

Raise investment to expand production, break through development breakthroughs, and enter a new stage of growth.

In the first half of 2018, the company’s smart office, medical care, and smart home control system capacity utilization rates were 127.

67%, 124.

91%, 103.

50%, production capacity has become the main factor limiting the company’s performance growth at this stage.

After the investment projects are put into production, the company’s drive system capacity will be 28 at this stage.

160,000 sets, obviously increased to 88.

160,000 units, capacity growth will effectively break through, performance growth is expected to further increase.

Earnings forecast: The downstream demand is strong, the company’s production capacity and new products will be increased in order, and expected results will maintain high growth.

We expect the company to achieve net profit attributable to mothers from 2018 to 20202.

54 and 3.

28, 4.

2.5 billion, EPS 2.

10, 2.

72, 3.

52 yuan / share, the current price of PE 32.

53, 25.

12, 19.


Covered for the first time, initially increase the level of holdings.

Risk warning: The growth of demand from major customers in North America is less than expected, and exchange rate changes drag down performance.

China Animal Husbandry (600195) In-depth Research Report: Central Enterprise Mobilization Leader Actively Transforms and Waits for Cycle to Start

China Animal Husbandry (600195) In-depth Research Report: Central Enterprise Mobilization Leader Actively Transforms and Waits for Cycle to Start

Leading state-owned enterprise security insurance with complete categories and steady growth.

The company’s existing business covers four major sectors: veterinary biological products (animal vaccines), veterinary chemicals, feed (premixes and multivitamins), and trade.

Among them, veterinary biological products are the company’s core business, contributing 28% of total revenue and 55% of gross profit in 2018.

  Major animal epidemic vaccines, multivitamin additives, veterinary drugs and other products occupy the forefront of the industry.

  Waiting for the cycle to start after pig breeding, head manufacturers are expected to enjoy the market transformation bonus.

The current growth logic of the animal vaccine industry has changed. The African swine fever epidemic has promoted the adjustment of the industry’s competitive situation. The contraction of government recruiting seedlings has put pressure on the short-term performance of enterprises, and at the same time has accelerated the exit of small and medium-sized enterprises and the clearance of excess industry capacity.The improvement of farming profitability brought by the boom will promote the penetration of market seedlings in large-scale farming enterprises. Manufacturers with core technologies, product layouts and channel advantages will gain higher market share through endogenous growth + outreach mergers and acquisitions.In the future, it is expected that a competitive pattern among major giants will gradually form.

  Zhaozhai Miao’s absolute leader turned to a market-oriented pioneer, and the product continued to rejuvenate.

Swine vaccine: The company’s new type O foot-and-mouth disease vaccine type O and type A bivalent inactivated vaccine have obtained the new veterinary drug registration certificate. In the third quarter of 2019, the company officially announced that it had approved the product approval and went on sale.It can also help the company’s products to further penetrate into large-scale breeding enterprises, develop high-end customers, enhance brand power, and gradually complete channel sinking.

In addition, through the continuous promotion of large-scale breeding, the penetration rate of single products such as the company’s circular vaccine and pseudorabies vaccine will steadily increase, the market space will gradually increase, and the company will have more complete corresponding product series, which will have greater flexibility in future performance.

Poultry seedlings: Improved poultry chain breeding boom + upgrade of highly pathogenic avian influenza vaccine “two-price to three-price” products, both volume and price have risen, the company is expected to continue to realize the existing performance of seedlings.

  Speed up the pace and stimulate the vitality of the enterprise.

From the launch of equity incentive plans, to the establishment of Sino-Public Joint Ventures, and the selection of “Double Hundred Actions” companies, the company has steadily advanced its internal reform plan.

The first phase of the equity incentive plan has reached the conditions for exercise, and then gradually deepened the reform and exploration. The company gradually fully benefited from the activation of the management mechanism and the improvement of management efficiency, and continued to release reform dividends.

  Earnings forecasts, estimates and investment ratings.

We expect the company to achieve operating income of 45 in 19-21.



850,000 yuan, +3.

6% / 7.

8% / 8.

8%; net profit attributable to mother 4.



52 trillion, corresponding to 0 EPS.



66 yuan, +5.

9% / 8.

6% / 15.


At present, the industry’s overall expected level in 2019 is 26 times. Considering that the company accelerates the pace of market-oriented transformation and the continuous deepening of the subsequent reform of state-owned enterprises, we give the company 26-30 times PE for 19 years, corresponding to 13.


6 yuan, the first coverage given a “recommended” rating.

  Risk reminder: Africa’s swine fever epidemic leads to continuous de-capacity of 深圳spa会所 the industry, increasing demand for animal vaccines, veterinary drugs and other products risks dragging down the company’s performance; risk of changes in animal immunization policies causing the company’s performance to decline; the company’s new product research and development and application transformation have not reachedAnticipated risks; the risk that the company’s marketing and channel development will not progress well; the intensified market competition will cause the company’s profitability to tilt.

Gigabit (603444): steady growth in performance, high dividends bring benefits

Gigabit (603444): steady growth in performance, high dividends bring benefits

Event: On the evening of April 9, 2019, the company released its 2018 annual report: 1) Gradually realized revenue16.

$ 5.5 billion, an annual increase of 14.

91%; net profit attributable to mother is 7.

23 ppm, an 18-year increase.

58%; net profit after deducting non-attribution is 6.

51 ppm, an increase of 14 in ten years.

75%; the corresponding basic return is 10.

12 yuan.

2) In the fourth quarter of Q4, the company achieved revenue4.

950,000 yuan, an increase of 32 in ten years.

00%; net profit attributable to mother 2.

160,000 yuan, an increase of 29 in ten years.


3) 2018 profit distribution plan: a cash dividend of 100 for every 10 shares to all shareholders.

00 yuan (including tax).

  Comments: 1. Revenue and profits have grown steadily, and the expense ratio has been significantly optimized.

From 2016 to 2018, the company’s revenue and profits have been showing a relatively stable growth trend.

1) In terms of business, the proportion of self-operating business increased.

2) From the perspective of profit margin, the company maintains high gross profit, and continuously expands research and development to improve promotion efficiency.

2. The core barriers to the construction of “excellent” long-term operational capabilities. The profitability of self-developed games on the right is still strong, and stable and continuous revenue generation.

The company adheres to the “high-quality” route, from end-to-end mobile games, and its products show extremely long life cycles and strong profitability.

In terms of self-developed games, the core game “Ask Mobile Games” continued to contribute profits.

In terms of agency games, the company launched a number of eye-catching works in the Roguelike category.

3, the new tour “Greedy Cave 2” and other outstanding performance, subsequent reserve games redundant, basically not affected by the release rhythm of the version number.

From the end of 18 to the present, Greedy Cave 2, Spiral Hero Tan and Crossing Star Arc have performed well.

The company’s existing reserves have several self-developed, agency products, and obtained 6 game version numbers. In 19 years, there was almost no progress in version delivery.

4. A high dividend of 100 yuan will be paid for every 10 shares, and its financial indicators will lead its peers.

The company’s highest financial indicators are very prominent in the gaming industry, mainly reflected in high returns and redundant cash. The 100 yuan per 10 shares this time exceeded market expectations.

5. Profit forecast and investment advice.

It is expected that the company’s net profit attributable to the parent in 厦门夜网 2019–21 will be 8 respectively.

3 billion, 9.

200 million and 11.

2 trillion, corresponding to 19.

1x, 17.

3 times and 14.

1x price-earnings ratio, highly recommended!

Risk Warning: The profit of the existing core game products has dropped sharply, the performance of new games has fallen short of expectations, the development or operation of new games has been poor, the release of version numbers has fallen short of expectations, and policy changes have been assessed.

[How to confess to your favorite boy]

[How to confess to your favorite boy]

There are a lot of dates, and everyone says yes when they see it.

You know each other well, but you just ca n’t wait for him to say “Let ‘s socialize”, do you bother with this kind of ambiguous relationship?

The article on the Japanese website on April 14 classifies these boys and teaches you how to deal with them effectively.

The three types of boys are: A.

No interest in women, dating only for polite appointments; B.

C. want to be a partner with each other, but afraid to be rejected and difficult to speak; C.

I just want to embrace the beauty, but not the body and love.

Men who are not interested in women, such as Type A, will also tease women in the workplace, but then they can continue to work as if nothing happened.

They don’t attend parties very much, unless they are dragged by their lives they will bite their heads.

These men always have no enthusiasm for women, and even say “something today, go back first” during the date, and they do not want to win the other person’s ambitions during the date.

Men like category B often have nervous heart beats, but men in category A don’t know what is more nervous, and they don’t know everything about women like men in category C.

Because they are not like catching the eyes of women, they do not know how to be considerate, let alone send Qiu Bo to say something nice or make a move like holding hands.

With this in mind, you can identify if the other party is of type A.

We will discuss the type A response method next time.

This time, let’s take a look at the relationship between two people and the coping methods of two types of men, B and C.


[How long does it take for glutinous rice to steam]_Production_Methods

[How long does it take for glutinous rice to steam]_Production_Methods

Glutinous rice is a mild, soft and glutinous food. The taste of the food it produces tends to be chewy. Generally speaking, whatever you do with glutinous rice, you need to steam it. This time is controlled in about 40 minutesThe specific length is determined by personal taste and the needs of the dishes.

In addition to steaming time when making glutinous rice dishes, in fact, one point that needs to be noticed is the time for glutinous rice to soak in water. In general, the degree of glutinous rice soaking in water determines the time it takes to steam.

First, the method of steaming glutinous rice: 1. Wash the glutinous rice first and soak it in clear water overnight to fill the glutinous rice with water, so that the glutinous rice becomes soft. At this time, the glutinous rice can be smashed with the thumb and index finger.

2. Use the upper and lower large steaming barrels for dry steamed rice. This can make the sticky rice more uniform, so that the middle steam in the upper layer is too high and the moisture is too high, and the sides are half unripe.

A wooden steamer is preferred, followed by stainless steel. A layer of clean white gauze is placed on the insulation layer. Rice is placed in the steamer and the bucket is covered.

3. Boil a pot of water steamer over medium heat. Due to time alignment, pay attention to the water in the steamer. From time to time, pour some water into it but do not add too much at one time, otherwise the time will be longer when the water is re-opened.

4. Open the lid and check after steaming for about half an hour. When the rice grains are transparent, take a few grains and taste them in the mouth. The time standard of any cooking book does not have its own mouth standard.

For example, if the rice is thoroughly cooked and has the wonderful chewing head of dry steamed glutinous rice, then it is ready to be cooked. At this time, the wooden barrel is ready to come out. It is breathable and will not leave too much moisture in the rice.In the bucket, if it is a steel steaming bucket, take out the steamed rice to avoid eating too much water in the airtight bucket to affect the taste.

Second, the steamed glutinous rice can be steamed for 40 to 90 minutes.

If the glutinous rice is not soaked, the steaming time will be longer than the glutinous rice that has been soaked. Generally, it has a lot to do with the steamed container. If it is steamed in a pressure cooker, the time will be shorter, generally about 40 minutes.Now, if it is steamed in ordinary pot or wooden barrel, it will take longer, it may take 1 hour or even longer.

Third, glutinous rice needs to soak for more than 2-4 hours.

After soaking, the glutinous rice will be easier to cook and the taste will be more elastic. It is not like ordinary rice. It can be left unsoaked or soaked for a while. It is difficult to foam. You can choose the soaking time according to the use of glutinous rice.It is used to make glutinous rice or snacks. It is best to soak for about 2-4 hours. If glutinous rice is used for making wine, it is recommended to soak for about 12 hours.

[How to cook eggplant in Northeast fish]_how to do_how to do

[How to cook eggplant in Northeast fish]_how to do_how to do

Northeast fish does not mean fish in the Northeast, it refers to a type of fish that is cooked using the Northeast cooking method.

This dish not only allows you to eat the taste of Northeast, but also provides the nutrients required by the body.

Eggplant can lower blood pressure and help people fight aging, so eating eggplant often is better for the body.

Everyone thinks about simmering fish with eggplant in daily life. When you eat it like this, the eggplant has fish flavor.

Describe the practice of Northeast fish stewed eggplant.

1. Ingredients for stewed eggplant with anchovies: two anchovies, purple eggplant, green onions, ginger, garlic, watercress, pepper, wild pepper, and coriander.

Cooking steps: Prepare two fresh anchovies, slaughter, remove their gills and viscera, shark fins and fish tails, rinse them thoroughly, wash eggplants, cut them onion, slice ginger, wild pepper and watercress, add vinegar in water, and repeatClean the mucus on the surface of the catfish, rinse it, drain the water, chop it into pieces, raise the pan, scallion ginger garlic, pepper and wild pepper, put in the bean paste, fry the red oil, and put the cut fish, Bring cooking wine and vinegar along the side of the pot, add water, season with sugar, boil over high heat, eggplants are torn into large pieces, put in the pot, cover and cook together, cook on medium heat until the eggplants are rotten, trySalty, season with salt, collect juice on high fire, add a little green onion and coriander before boiling.

2, Qingjiang fish stewed eggplant ingredients: 3 eggplants, 1 Qingjiang fish, ginger slices, garlic cloves, extremely delicious, salt, cooking wine, sugar, old soy sauce.

Cooking steps: 1.

Qingjiang fish let the fish stall be processed well, cut into 2 pieces.

Prepare ginger garlic, whole garlic, more garlic, delicious eggplant, larger hob pieces ready 3.

Add ginger garlic and hot oil to the hot pot, then fillet the fish, add the old wine, the taste is very fresh, the old soaked sugar, instead of salt 4.

Stewed with water?

Stew until the soup feels like 10 minutes.
Eggplant becomes soft and absorbs fishtail flavor when it is put into the pan?
After a while there is still a little soup and it’s ready.

? Friendly Tips: When using a casserole to make fish, the fish pieces added to the casserole at the end should not be flipped around during the stew. Do not add too early stew to lose the eggplant.

[Can a five-month-old baby drink soy milk]_Children_How to drink

[Can a five-month-old baby drink soy milk]_Children_How to drink

The gastrointestinal development of a five-month-old baby is still not perfect. In this period, it is best not to drink soy milk and change the child’s gradual growth. By the age of one year, you can gradually drink some soy milk, which has a good promotion for your babyeffect.

Soy milk has a relatively high nutritional value and low transformation, but the protein content is very high, and there is more calcium, which has a good calcium supplement effect for the baby.

Can a five-month-old baby drink soy milk? Babies should not drink soy milk.

As the best substitute for infants and toddlers, soy milk has been unquestioned for many years.

However, people in the United States who specialize in research on artificial genetically modified agricultural products and human health point out that children who grow up on soymilk can cause risk factor interventions for thyroid and reproductive system diseases in adulthood.

The regular consumption of soybeans by adults has advantages and disadvantages, can reduce cholesterol in the body, maintain the balance of hormones in the body, and prevent or reduce the occurrence of diabetes or prostate cancer.

However, infants do not consume so much soy because infants respond to high levels of disease-resistant phytoestrogens in soy and are completely different from adults.

Half of the phytoestrogens implanted by adults can bind to estrogen receptors in the blood, which helps prevent resonance from occurring, while only 5% of phytoestrogens implanted in babies can bind to estrogen receptors.Accumulate other metabolized phytoestrogens in the body, which may harm the future sexual development of infants and young children who have a large amount of soy milk every day.

Experts point out that soy milk babies are 2-3 times more likely to develop diabetes than babies who drink milk or breastfeed.

Babies can add complementary foods every 4 months. When adding them, pay attention to the variety of complementary foods. Add only one new food at a time, and another one after a few days.

In case your baby has an allergic reaction, you can know that it is caused by certain foods.


The content of complementary foods ranges from thin to thick. First of all, start to choose a fine-grained complementary food for your baby to learn to swallow. As time changes, the viscosity of the complementary food is gradually increased to adapt to the development of the baby’s internal tract.


The amount of complementary food is increased from small to large. At the beginning, only feed a small amount of new food to the baby, and the amount is about a small spoon. After the baby is used to the new food, increase the amount slowly.


The production of complementary foods ranges from fine to coarse. When starting to add complementary foods, in order to prevent babies from swallowing or other problems, you should choose fine-grained complementary foods, eliminate the baby’s perfect chewing ability, and gradually increase the particles of complementary foods.

I hope that the above can help women who are just mothers to raise a healthy, healthy baby.

[The practice of Chuan Xinlian]_ Method Daquan _ Production method

[The practice of Chuan Xinlian]_ Method Daquan _ Production method

Chuan Xinlian is not the product of lotus.

Many people have heard the words Chuan Xinlian may think that Chuan Xinlian was cast by lotus, but this is actually wrong.

Chuanxinlian looks a bit like spinach, water spinach and the like. Chuanxinlian is concentrated in southern areas such as Guangdong and Fujian. Because it likes warm environments, its picking season is also in summer.

What is Chuan Xinlian’s approach?

Chuanxilian lotus is afraid of drought. If it is not watered for a long time, it will grow slowly, the leaves will be narrow, and it will bloom early, which will affect the crops.

Optimum seed temperature 25?

30 ° C and higher humidity should have good ventilation conditions.

It is mainly produced in Guangdong and Fujian, and is now introduced and cultivated in the north and south of the Yangtze River.

[Alias]: At first sight, chopped snake sword, bitter grass, eucalyptus lotus, andrographis paniculata, cone-shaped beard herb, all diseased grass, day trip thousands of miles, four states, four square lotus, Indian herb, spring lotus summer willow, bitterGrass, colic, chopped dragon sword, golden ear hook, golden vanilla.

Attributes: Andrographis is medicinal: cold, bitter.

Process: Summer harvest.

Open buds, harvest early flowering.

[Origin of Name]: In the Five Elements Doctrine of Traditional Chinese Medicine, it is considered that bitterness is in the heart, and Andrographis as soon as you include a small piece of its leaves, you can immediately sense the unforgettable bitterness, as if it is straight into your heart, so the name “Wangxinlian”Don’t have a homophonic Chuan Xinlian.

Spring lotus and autumn willow (“Lingnan Collection of Herbs”), at first sight (“Quanzhou Materia Medica”), Eupatorium nucifera, Bitter colic, Chopped snake sword, Conical whisker herb (Guangzhou Army “Common Chinese Herbal Medicine Handbook”), Sifang Lotus, Golden Herb, Golden Ear Hook, Spring Lotus Summer Willow, Indian Herb (“Guangdong Chinese Herbal Medicine”), Bitter Herb (“Fujian Chinese Herbal Medicine”), Andrographis paniculata.

[Source]: Andrographis paniculata (Burm.)


) Dry ground parts needed.

The stems and leaves are plucked and dried in early autumn and dried.

1. Stems.

Annual herb, 50?
100cm, the whole plant tastes extremely bitter.

Stems erect, multibranched, quadrangular, nodes slightly inflated.

2, leaves.

Leaves opposite, ovate oblong to oblong-lanceolate, 2?
11cm, width 0.


5cm, apex acuminate, base wedge-shaped, entire or shallow wave-shaped, dark green above, gray-green below, lateral veins 3?
4 pairs; petiole short or subsessile.

3. Flowers.

Panicles terminal or axillary; calyx 5 deeply split, outer glandular hairs; corolla pale purple white, lip-shaped, upper lip curved, 2-toothed, lower lip erect, 3 lobed, stamens 2, large and small in drug room, Large tomentose, filaments may be pilose; ovary 2-loculed.

4. Fruit.

Capsules oblong, ca. 1 in length.

5cm, flattened on both sides, with a longitudinal groove in the center.

Flowering period 8?
September, fruit in October.

Born in hot and humid plains, hilly areas.

The amount of salt, chicken, peanuts, 3 petals of sugar, and a pinch of sesame oil are mixed with heart lotus.
Peel the garlic, pat it with the back of the knife, cut into pieces, and pour in other spices (a pinch of sugar, salt, sesame oil, chicken essence) and mix well 2.

After the water in the pot is boiled, pour the washed andrographis paniculata, turn off the heat immediately, cook with chopsticks until it turns dark green, and control the time within one minute, immediately remove it with ice water and quickly cool down to prevent the color from turning yellow.Andrographis paniculata is taken out of the dry ice water, add the seasoning and mix well.