Cree Electromechanical (603960) Semi-annual Report of 2019 Review: A New Chapter in Deep Ploughing and Developing Diversified Layout

Cree Electromechanical (603960) Semi-annual Report of 2019 Review: A New Chapter in Deep Ploughing and Developing Diversified Layout

The company’s performance achieved high growth in the first half of the year.

In 2019H1, the company realized revenue 3.

500 million, an increase of 45 in five years.

3%; net profit attributable to mother is 0.

50,000 yuan, an increase of 62 in ten years.

6%; net profit after deduction is 0.

4 ‰, an increase of 53 in ten years.

6%.

Benefiting from the smooth delivery of Bosch-based orders, the conversion of downstream manufacturers’ national 5 standards to national 6 standards, and the impact of the consolidation of Shanghai Zhongyuan, the company’s revenue and return to net profit in the first half of the year both achieved rapid growth.

In the second quarter, the company achieved revenue1.

90,000 yuan, an increase of 28 in ten years.

8%; net profit attributable to mother is 0.

20,000 yuan, an increase of 63 in ten years.

2%.

The second quarter results are still beautiful.

In the first half of the year, the company’s flexible automation equipment and industrial robot systems business was new in the first half of the year.

70 ppm, a decrease every year, and corresponding customer orders are expected to be released in the second half of the year.

The newly signed contracts are mainly concentrated in the fields of new energy automotive electronics (motors, electrical controls, energy recovery, etc.), automotive interiors, optical communications and 5G wireless communications.

Profitability has improved, and cash flow has improved significantly.

In 2019H1, the company’s gross profit margin was 28.

7%, reduced by 0 every year.

01pct, but an increase of 0 compared to 2018.

7pct; net interest rate is 15.

8%, increase by 1 every year.

7pct; ROE up to 8.

8%, an increase of 2 per year.

6 points.

The sales expense ratio / management expense ratio (including R & D) / financial expense ratio increased by -0 respectively.

twenty one.

4/0.

7 points.

The company’s expense ratio was well controlled, gross profit margin remained stable, and net profit increased 厦门夜网 slightly.

In the first half of the year, the company’s net cash flow from operating activities reached 5,393.

80,000 yuan, a significant increase of 5337 per year.

80,000 yuan, the company’s sales receipts increased significantly, and cash flow conditions have improved significantly.

R & D continued to be heavily invested, and new areas of deployment were beginning to bear fruit.

In the first half of the year, the company’s R & D expenses reached 1,807.

30,000 yuan, an annual increase of 94.4%, accounting for 5% of revenue.

2%.

While deepening and making breakthroughs in key areas of automotive electronics, the company has achieved initial results in the layout of new areas.

1) Part of the company’s IGBT module packaging test technology has been successfully applied to the PM4 project of United Automotive 天津夜网 Electronics.

2) The company successfully developed the field of assembly and testing of high-end complete sets of drive motor controllers for new energy vehicles, and obtained the latest product orders from the Bosch Group. It has achieved an order of magnitude leap in the scale of production lines and output value.

The company actively develops driverless related equipment technologies, successfully develops functional test and fatigue endurance test benches, and has created conditions for the progressive development of driverless car control electronics.

3) In the automotive interior parts industry, the company vigorously promotes the application of robotic automation and intelligent production technology, and has achieved independent research and development of small joint non-standard robot batch engineering applications in the field of seat production.

4) The company actively expands the field of optical communication and 5G wireless communication, and the equipment developed has been supplied to Finisar, a well-known manufacturer of optical communication devices worldwide.

Investment suggestion: The company is a national leader in automotive electronics equipment.

We expect the company’s expected earnings in 2019/2020 to be 0.

60/0.

85 yuan, the current sustainable corresponding PE is 47.

1/33.

4x, maintaining the company’s “recommended” rating.

Risk reminders: macroeconomic growth rate; decline in industry prosperity; high customer concentration; intensified market competition; less-than-expected technological transformation; lower-than-expected performance and so on.

China Tonghao (688009): Semi-annual report results increase in advance and continue to benefit in the future

China Tonghao (688009): Semi-annual 天津夜网 report results increase in advance and continue to benefit in the future

Event: The company released the 2019 semi-annual report performance forecast on July 18. The first half of 2019 is expected to achieve operating income of 204.

6-219.

7 ppm, a ten-year increase of 8.

2% -16.

2%; net profit attributable to mother 21.

1-22.

800 billion US dollars, an annual increase of 6.

3% -14.

8 %%.

  The peak period for the opening of the railway is approaching, and the company’s control system has reached a new unit volume in the new decade.

The company’s single-year growth in the new millennium in the past three years has continued to grow rapidly year by year. The single-year growth in the new year from 2016 to 2018 was 495 trillion, 607 trillion, and 683 trillion, with a compound annual growth rate of 17%; of which the company’s “fist” product rail delivery controlThe new micron single stage of the system increased from USD 29.1 billion in 2016 to USD 38.1 billion in 2018, with an annual compound strength of 14%.

According to the national railway construction plan, a wave of railway openings will be ushered in 2019-2021, and the procurement of the company’s main product control system is basically in line with the opening time itself, so the company’s new breakthrough in the next two years will remain high.increase.

  The company’s high-speed rail control system has obvious advantages, and the rapid development of urban rail subway business.

The core products of the company’s rail transit control system are the high-speed rail train control system (CTCS series), the high-speed rail automatic driving system (CTCS + ATO), the subway urban rail train control system (CBTC) and the freight marshalling station automation system (CIPS).Various areas of transportation.

Among them, the market share in high-speed rail control is over 60%, and it is in the category of absolute leaders in the industry.

In addition, in the field of urban rail train control system, the combined market share with the other three companies reached a total market share of 70%. The company is in the leading stage and is constantly expanding its city share.

  In the future, the market space will further expand, the industry barriers will be higher, and the leading companies will have the greatest potential.

The rail transit control system has a high technological content and is related to the safety of the entire train. In addition to the need for advanced technology, it also needs to pass the overall assessment of the railway, so the barriers to entry are extremely high.

After many years of technology precipitation and real vehicle application, the company has ensured the high efficiency and safety of the train control products, so it has many solid solids in the industry.

Considering that the previous railways and urban rails are still in a high-speed development period, the mileage of traffic will remain high in the next three years. Taking into account the transformation of old lines and the use of more advanced automatic driving control systems for some new lines, we expectThe average market size of the control system exceeds 50 billion yuan annually.

As a leading company in the industry, the company will fully enjoy the dividends of industry growth.

  Investment suggestion: We estimate that the company’s operating income from 2019 to 2021 will be 46.8 billion, 56 billion, and 60.9 billion; net profit will be 40.

700 million, 51.

200 million, 56.

200000000.

Corresponding to 2019 to 2020, the PE is 13X, 10X, 9X respectively. The first coverage is given a “Buy” rating, and the target price is 9 yuan.

  Risk warning: Railway equipment bidding fails to meet expectations; railway construction progress does not meet expectations; other systemic risks, etc.

Comparing the trend of A shares during the SARS period: this round is relatively short or the cycle is shorter

Comparing the trend of A shares during the SARS period: this round is relatively short or the cycle is shorter

On the first trading day of Zhang Jingyi, the first financial company after the Spring Festival holiday, the three major A-share indexes fell sharply across the board.

As of the 南宁桑拿 close of February 3, the Shanghai Composite Index fell by 7.

At 72%, the Shenzhen Composite Index fell 8.

45%, the GEM Index closed down 6.

85%.

3212 stocks suffered a daily limit.

How the cycle and amplitude of this round of adjustment and where the inflection point is is currently the most concerned topic in the market.

  Due to the impact of the epidemic situation, the trend of A-shares during the SARS period in 2003 has been repeatedly compared by the market recently, but it is actually controversial.

Some opinions point out that due to the great differences between the macroeconomic environment and industrial structure, there is no comparability.

However, some opinions point out that in terms of the impact of hedging policies on the market, the impact of the industry, and the evolution of market sentiment, historical trends can still be substituted.

  Disputes ultimately need to be tested in practice.

However, more market opinions agree that the inflection point of this round of A-share adjustment will appear at the stage high of more cases; when new cases show declines or sudden changes in growth rates and other improvements, the market is expected to enter the repair phase.

Many brokerage analysts expected the inflection point to be mid-February, and expected A shares to try to achieve first-in-first-inhibition and then-increase this month.

  Controversy: Can the historical trend be replicated?

  The impact of the outbreak is not within the analyst’s traditional research framework.

A shares were extended for two more time in 2003 and 2020, respectively, due to the impact of the epidemic.

Therefore, in the face of uncertain and clear market trends, the market is keen to find logic from historical trends.

  In the research reports of the past two days, a more common analysis framework is to analyze the A-share trend in the 2003 SARS epidemic in stages, and compare the development stage of the current epidemic with it, and determine the A-share through historical trends.Come to this stage. ”

  For example, Dai Kang, a strategic analyst at GF Securities, said that the impact of SARS risk appetite on A-shares has three stages. The first case occurred in November 2002 to the “cognitive period” of mid-April 2003, and in April 2003The “panic period” from mid-month to early May, and the “digestion period” from mid-late May to late June.

  Among them, the Shanghai Stocks Index fell sharply by 8 in 8 trading days during the panic that year.

8%.

With the decrease of supplementary confirmed cases, the A-shares gradually changed from “panic” to “digestion”, and the digestive Shanghai Composite Index declined by only 1%.

“The information collection for the Spring Festival holiday in 2020 is already a ‘fast forward edition’ from March to April 2003.

The short-term performance of the current stock market after the opening of the market can be focused on the index’s 9% decline over the eight trading days in late April 2003.

“Dai Kang said.

  Soochow Securities Securities analyst Wang Yang also made a “three-segment” analysis of the trend of A shares during the SARS period.

Among them, in April 2003, the suspected case report reached its peak and began to decline is the inflection point, and A shares began to appear emotional repair.

In its view, the number of cases in this pneumonia epidemic, especially the chain change of newly suspected cases, will be the core variable that affects the market rhythm in the short term.

That is, if the number of suspected cases peaks, there is a high probability that A shares will usher in an inflection point.

However, from the perspective of the performance of A shares from January 23, the market is still in a “panic period” and will continue in the next 1 to 2 weeks.

  Can analogy with historical trends effectively predict the future of A shares?

Some analysts have a clear opposition to this.

  ”The short-term impact of the epidemic on the national economy is huge, and the mid- and long-term impact cannot be ignored.

Many current studies have compared the epidemic with SARS in 2003, but believe that the comparability is not strong, and the current macro environment is completely opposite to that time.

“Zhongtai Securities analyst Liang Zhonghua said that when the SARS outbreak occurred in 2003, the gradual macroeconomic recovery was at the beginning of a violent recovery. At that time, the economy was in an upward path, which is completely different from the current situation.

  Liang Zhonghua also said that the profit growth rate of industrial enterprises in 2003 was as high as 43%, and this level was a negative growth of about 2% in 2019; the current service industry accounted for significantly more than in 2003, and the leverage ratio of various sectors was also high.The risks in China are not the same.

“The environment in the two periods is different, and even with the same impact, the economic and expected impacts will certainly be different.

The reference significance of the impact of SARS in 2003 on the current epidemic situation is not significant.”Even if the SARS trend is reviewed and analogized, Dai Kang also pointed out that the impact of the current epidemic on the capital market cannot simply be repeated in 2003.

  Dai Kang also further summarized the background differences between the two epidemic periods, focusing on the current global economic fundamentals are not as optimistic as in 2003, and the contribution of the tertiary industry in the current economy exceeds that in 2003; however, the current restrictions on transportation and interactionStricter and stricter, the situation of delaying the resumption of work during the Spring Festival is even more severe, and the hindrance of industrial, commercial and trading activities may be more severe than in 2003.

However, it also pointed out that the market can still improve from the SARS period in 2003 in anticipation of countercyclical policies and the benefits and damages of the industrial sector.

  Consensus: The adjustment cycle is shorter, and whether the long-term trend is not changed can reorganize the trend during the SARS epidemic.

However, the market view generally agrees that the impact of the epidemic is still short and the adjustment cycle affected by the current round may be shorter; the logic and trends of A-shares will not change, and new economic assets with growth are more secure.

  Dai Kang said that the long holiday period can be analogously entered into the “panic period” in late April 2003.

However, as the public opinion supervision and information of the epidemic surpassed the SARS period, the “panic period” will be shorter than the 8 consecutive trading days during the SARS period.

In terms of amplitude, A shares gradually decreased by 3 before the holiday.

2%, the FTSE China A50 index fell 7 during the Spring Festival.

4%, 2003 A / H market index generally fell 9% to 12%; looking at the above several indicators, it is expected that the index will have 5% to 7% adjustment pressure after the market opens.

  Dai Kang also pointed out that supplementing the downward turning point of diabetes was an important watershed in the market’s stabilization and rebound during the SARS period in 2003.

By analogy, the change in cases at the peak of Spring Festival rework this year deserves to be tracked.

It expects that the market will enter a rapid adjustment after the opening of the market. At this time, funds will find safe havens. The benefiting industries include pharmaceuticals, games, and financials that underestimate the high indicators. At the inflection point where the number of new cases declines, the previous period of oversoldLeisure services, retail, TMT may usher in a staged rebound repair.

When the impact of the epidemic gradually subsides, the market for technological growth will return again, and new energy vehicles, consumer electronics and games can all pay attention.

  A more optimistic view also believes that a low opening after the holiday can basically fulfill the market conditions, and the first wave of A-share shocks will soon be digested.

  New Times Securities analyst Fan Jituo said in the report that from the trend of the 2003 epidemic period, A shares were mainly hit in mid-late April. After the May 1 holiday break extended, the market only appeared for one trading day.Inertia dropped; then the epidemic was better controlled and the market began to rebound.

“If it is only based on the current epidemic data, the concerns and concerns about the epidemic during the festival have been fully spread, and opening lower after the festival can basically fulfill the concerns during the festival.

Fan Jituo also pointed out that the impact of the epidemic on the market also needs to consider the substantial impact on the real economy, whether the epidemic will worsen, and whether there is a second wave of shocks. Observation is mainly about the epidemic-related data in mid-February.

But its experts, in 2003, the overall risk premium of A-shares was low, the securities themselves were estimated to be expensive, and the price / performance ratio was very low.

From a longer-term perspective, the current estimated A-share hub is far better than 2003, and the trend of continuous improvement in profitability of various industries is far from over. “This time the probability of an epidemic will not change the big logic of the 2020 index’s rise.”
  Although the identity is not analogous to the 2003 SARS trend, Liang Zhonghua also said that from the perspective of asset allocation, there is short-term adjustment pressure in the equity market, but pulling forward, waiting for a certain turning point in the epidemic, the logic of loose liquidity willContinuing, we are still optimistic about the growth of new economic assets.

The cycle is still facing short-term profit growth, long-term pessimistic expectations, I am afraid it is difficult to have a good performance; there are high estimates of consumption, and adjustments are needed to see opportunities.

Running can eliminate high blood pressure

Running can eliminate high blood pressure

Studies have shown that the best way to eliminate the decline in time when something is unsatisfactory is to run.

In addition to active muscles and muscles, running can strengthen the heart, lungs and circulatory system, and running can also distract.

When running, the body gets a new sensation, which causes people to ignore the discomfort caused by mood depression.

Studies by psychologists have shown that the cause of depression is the lack of hormones in brain neurons.

When running, hormones increase, and after running, hormone secretion can increase, so running can eliminate people’s preventive psychology.

  Psychologists suggest that before running, it is best to take a walk and then run slowly.

When you run, you do n’t have to pursue speed. You ca n’t run. You can stop and walk. After your breathing is smooth, you can run.

  Sports psychologists advocate that you don’t wait for running when there is a decrease in mood. It is best to run and exercise normally to promote the increase of hormone secretion in the body.

In this way, even if you encounter unsatisfactory things, it will not reduce your mood. Even if you have depression, it will be mild and will not cause people to feel depressed for a long time.

Therefore, it is recommended that people strengthen fitness exercises, it is best to develop a good habit of exercising every day.

If you can’t keep exercising every day, you should exercise at least 3 times a week, more than half an hour at a time.

In this way, you can stay away from paralysis.

Six diet therapies stabilize blood pressure

Six diet therapies stabilize blood pressure

The treatment of hypertension is a protracted battle.

Therapy under the guidance of the theory of traditional Chinese medicine has potential advantages in improving the symptoms of hypertension, reducing adverse reactions to western medicine, and protecting target organs. Here are some recommended dietary treatments that can lower blood pressure, without prejudice to auxiliary use.

  Ingredients for onion red jujube soup: take half an onion, 10 red dates, and 10 grams of gelatin (ground powder).

  Method: Cut the onion into long slices, put it in the same pot with the washed red dates, add an appropriate amount of water, and cook for 30 minutes, add gelatin powder and mix thoroughly, and you can eat it, drink soup, and eat dates and onions.

  Efficacy: Onion contains prostaglandin A, which can reduce vascular endothelium and blood viscosity, and has the effects of lowering blood pressure and lipids, refreshing and refreshing the brain, and alleviating stress.

Jujube nourish spleen, nourish qi and nourish blood; gelatin nourish blood, nourish dryness and nourish yin, and use them together. It has the functions of nourishing qi and blood, nourishing spleen and lowering blood pressure. It is suitable for hypertension with dizziness, paleness after activity or fatigue,Insomnia, dreams and palpitations.

Onions can also prevent blood clots, so eating them on a daily basis is very good for the body.

  Note: Onion smells spicy and replaces the irritating effect on the eyes and sweat glands, causing eye diseases. People with underarm odor should eat it with caution, itchy skin, dry stomach and heat, and those with excessive sweating.

Do not eat too much onion at a time. It is advisable to keep a certain spicy flavor when cooking, and do not heat it for too long.

In addition, onions cannot be eaten with honey to avoid damage to eyesight; nor can they be eaten with fish, shrimp, and kelp, so as not to form calcium oxalate and cause stones.

  Ingredients for Chenpi Hawthorn Tea: 10 grams each of Chenpi, Hawthorn, and Uncaria, 5 grams of oolong tea.

  Practice: brew with boiling water, substitute tea.

  Efficacy: Chenpi has the effects of strengthening the spleen, regulating qi, reducing phlegm and lowering blood pressure. It is one of the precious raw materials of the same origin of medicine and food. Hawthorn has a slow and long-lasting antihypertensive effect. It has the functions of dilating blood vessels and regulating the central nervous system.It has a significant effect on lowering blood lipids; Gouteng Qingre Pinggan, Xifeng Dingjing, besides being able to treat high blood pressure, also has a good soothing effect, which is conducive to ease the anxiety of patients with hypertension.

This tea has the effect of reducing phlegm, reducing blood pressure, reducing blood pressure and weight loss. It is especially suitable for patients with high blood pressure combined with hyperlipidemia and obesity.

  Note: if the vine is cooked for more than 20 minutes, the antihypertensive active ingredients will be destroyed, so boiling water for tea replacement is a good choice. As for the amount of vine, if it is used to 20 grams a day, it will still be reduced.If the pressure is not satisfactory, you can increase it appropriately, but you must consult a licensed Chinese medicine practitioner.

At the same time, hawthorn should not be eaten with seafood, ginseng and lemon.

  Pinellia Atractylodes Gastrodia Porridge Ingredients: Pinellia, Gastrodia, Atractylodes each 10 grams, Chenpi 6 grams, 50 grams of rice, brown sugar.

  Method: first simmer Pinellia ternata, Gastrodia elata, Atractylodes sibiricum and Chenpi for 20 minutes.

When the previous rice is cooked to the porridge, add the medicinal sauce and brown sugar, and simmer for 10 minutes on low heat and serve.

  Efficacy: Pinellia dryness, dampness and phlegm, Jiangyinzhizhi; Tianmaping liver and wind, which can cure dizziness; Baizhu Yunpi spleen and dampness; Chenpi Liqi phlegm, phlegm can be used to make porridge dry and dampen phlegm, PingganjiangPressure, suitable for phlegm-dampness-hypertension type hypertension, these patients often have symptoms such as heavy head and phlegm, upset and chest tightness, and numbness of the limbs.

  Note: Dizziness and headache caused by hyperactivity of liver-yang hyperthyroidism should not be used.

  Ingredients of Chinese yam and wolfberry porridge: one yam, 30 wolfberries, 50 grams of buckwheat and rice each.

  Method: Wash the yam, peel, cut into pieces, buckwheat, rice, wolfberry, add an appropriate amount of water, cook with mildew to make porridge, and eat.

  Efficacy: Chinese yam, spleen and lung, Gushen Yijing; wolfberry nourish liver and kidney; buckwheat appetizer, eliminate product, so that the three flavors make porridge, reduce dizziness, excessive mental atrophy, forgetful tinnitus and other discomfort effects very good.

Especially buckwheat, modern research shows that it has a protective effect on the heart and brain blood vessels. Buckwheat is rich in vitamin P, also known as citrate, which can enhance the elasticity and toughness of the blood vessel wall.

Buckwheat also contains a large number of flavonoids, especially aloe vera, which can promote cell proliferation and prevent the clotting of blood cells, as well as regulate blood lipids, expand coronary arteries, and increase its blood flow. Therefore, eating buckwheat often is effective in the prevention and treatment of hypertension.Coronary heart disease, arteriosclerosis and hyperlipidemia.

  Note: Buckwheat is difficult to digest and should not be eaten more.

In addition, those who have unclear external sensation or obvious heat and humidity should use this porridge with caution.

  Ingredients for chrysanthemum cake: 25 grams of chrysanthemum, 35 grams of rock sugar, appropriate amount of agar (available in supermarkets), about 15 wolfberry.

  Method: Wash the wolfberry and dry it for future use.

After cleaning the chrysanthemums, wrap them in gauze, cook them in clean water for 10 minutes, remove the chrysanthemums, add rock sugar and agar to the chrysanthemum water, and then heat them until the agar melts and turn off immediately.

Prepare jelly molds or candy molds, pour the cooked chrysanthemum agar water into the molds, add one or two tablets of wolfberry and one cooked chrysanthemum to each mold, or add an appropriate amount of raisins, dried blueberries, etc., the taste will be morerich.

Let stand for 20 minutes and let it cool down or put in the refrigerator.

After solidifying, use a toothpick or knife tip to lightly stroke along the edge of the mold to release the mold.

  Efficacy: Chrysanthemum scent is fragrant, soft and refreshing, long-term consumption has “effect blood, light weight” and other effects; wolfberry tastes sweet and flat, with nourishing kidney essence, blood pressure and liver protection.

This antihypertensive small cake has a sweet taste, smooth taste, can nourish liver and kidney, eyesight, essence, blood pressure and pulse, it is suitable for the treatment of dizziness, dizziness, waist and knee weakness, tinnitus forgetfulness, palpitations and insomnia, etc.symptom.
  Note: Patients with cold, fever, spleen and diarrhea, etc. should not be consumed during the onset of illness.

In addition, pay attention to remedies when using wolfberry to make medicated meals. The cooking time should not be too long. You should add wolfberry at the end of cooking or soup to prevent a lot of nutrient particles from being lost.Wolfberry is also best not to be washed for a long time, it is recommended to wash it in warm water.

  Ingredients for double flower catfish soup: 1 catfish, 10 g of chrysanthemum, 15 g of locust flower, rice wine, ginger, and salt.

  Method: Wash the locust flowers and chrysanthemums separately and reserve.

Cut the catfish and wash it. Gently wipe the rice wine on the fish. Leave it for about 10 minutes. Put it into a casserole and add 500 ml of water. After the high heat is boiled, add ginger and rice wine.Sophora flowers, add a small amount of salt, boil and turn off the heat and serve.

  Efficacy: Chrysanthemum can treat the dark and dark eyes caused by cardiovascular and cerebrovascular diseases such as hypertension, and the eyes are faint; Huaihua contains rutin, which can enhance blood vessel elasticity.

This decoction can be used as an adjuvant for treating hypertensive inflammation of the liver and liver or hyperactivity of the liver-yang. Such patients are often accompanied by red-faced red ears, irritability, dry mouth and throat, and constipation.

  Note: Huaihua used as medicine refers to black locust, that is, Chinese locust.

Acacia flowers are relatively sweet. People with diabetes should not eat more.

At the same time, people with allergies should also be cautious in eating acacia flowers.

Tips for curling MM

Tips for curling MM

In most cases, hair breaks are not caused by chemical factors, but most are caused by mechanical factors such as poor curling operations, such as too strong tension, uneven rubber band positions, and some excessive hair injuries without proper treatment.Improve the care to perform perm and so on.

  It’s almost New Year’s Day, and many MMs want to take a few days to change their hairstyle to greet the New Year. It’s a good idea to hot roll, and the popularity of curly hair has recently increased dramatically.

However, is the hair quality of each MM suitable for perm curls?

What should I pay attention to when I curl my curls?

Now, the little editor will answer 6 awkward questions about perm for you.

  Embarrassment 1: Long-lasting perm potion Consequences: Wet hair has protrusions, dry hair is straight, without elasticity, and hair damage is very serious.

  Reason: The longer the cold wave essence works on the hair, the stronger the cold wave essence decomposes the internal structure. The ultra-time cold wave essence acts on the hair to exceed the elastic range, and the oxidizing effect of the styling agent has no way to restore hair.
  Embarrassment 2: The inevitable consequence of the hair itself: not easy to curl.

  Reason: The scales on the epidermis of the hair fit tightly, and the potion is not easy to penetrate, such as hair that has not been scalded.

Fine metal powders on the hair or metal hair dyes have been used to prevent the effects of cold liquids.

Wash your hair with hard water containing a lot of calcium, and a thin film of calcareous alkali adheres to the scalp, making the liquid impervious, including using conditioner before perming.

  Embarrassment 3: Consequences of deterioration of the cold wave agent: the desired effect cannot be achieved.

  Reason: The cold-pressing agent reduces the reducing power due to sun exposure or deterioration.

  Embarrassment 4: Improper operation Consequences: Poor results.

  Reason: Permanent water stay time control, temperature control, whether to make the potion fully function.

  Embarrassment 5: Long time for neutralization and styling Consequences: After drying, the hair is dull and dry, causing discoloration and dehydration.

  Reason: Some people think that the neutralizing styling agent is acidic, close to the pH value of the hair, so the long styling time does not hinder things. In fact, the neutralizing styling agent is an redox agent, which has improved skin composition and regenerates disulfideThe role of the key, the role of the fixed spindle.

If it is too oxidized, it will cause decolorization and dehydration.

  Embarrassment 6: Improper curling operation Consequences: Broken signs appear during the perm, and customers often break their hair when they go home.

  Reason: In most cases, hair breakage is not caused by chemical factors, most of them are caused by mechanical factors such as poor curling operations, such as too strong tension, rubber bands are not in the same position.

In addition, some hair is excessively injured, and perm is performed without proper care and improvement.

Easily get rid of dark circles in just three ways_1

Easily get rid of dark circles in just three ways

With the increase in the number of people staying up late, more and more girls are wearing panda eyes.

There are two common types of dark circles. One is dark brown, that is, brown. This is related to genetic or improper makeup removal. The other one is blue-black, which is related to your body.Depending on the situation, in addition to the poor blood circulation often said, nose allergies can easily cause such dark circles!

However, this kind of dark circles will not accompany you throughout your life. After some small efforts, it can be completely eliminated.

  The first trick: upper eyelids with eye gel lower eyelids with eye cream Many people have the habit of using eye cream only under the eyes, because under the eyes are more prone to bags under the eyes and fine lines, it is not known that dark circles may appear on topEyelids, and as the age increases, the upper eyelids will also face problems such as sagging, edema, and if not maintained, it is likely to cause the eyelids to sag and appear old.

Therefore, the upper eyelids can use some firming eyelids to eliminate edema. The effective ones are ivy and horsetail, which are absorbed by clicking. The main problems of the lower eyelids are fine lines, dark circles, bags under the eyes, etc.Use some eye cream with moisturizing, mild whitening and lightening pigment ingredients, alkaline hyaluronic acid, chamomile, push it to the temple with the method of pressing, pressing, pushing.

  The second trick: alternating hot and cold eye mask eye mask is an essential good product of the pandas.

So, how to use the eye mask better?

When using, it is best to prepare a glass of warm water at about 45 ° C and a glass of iced ice water, and then soak the two packs of eye masks separately. After 5 minutes, take out the ice water, apply for 5 minutes, and then use warm waterLeave it on for 5 minutes, which can promote blood circulation.

When there is no eye mask, you can prepare two thicker spoons, one in hot water and one in ice water. Take it out later, cover the eyes for a few seconds, and do it alternately. This is what Japan used to do.A popular method to eliminate dark circles-“Golden spoon and silver spoon”.

  The third trick: do eye exercises to massage acupoints twice a day. Eye exercises are also very effective for dark circles.

Among them, the points that need to be massaged are Jingming, Sibai and Yingxiang.

Every morning and evening, or a few minutes between work sessions, the eye circulation will be much better.