Shanghai Mechanical & Electrical (600835) Quarterly Report Review 2019: Q1 Profitability Increases QoQ or Builds Intelligent Manufacturing Platform

Shanghai Mechanical & Electrical (600835) Quarterly Report Review 2019: Q1 Profitability Increases QoQ or Builds Intelligent Manufacturing Platform

The profitability of the first quarter increased month-on-month, or to build an intelligent manufacturing platform, and continued to recommend ratings.
In the first quarter, the company’s gross profit margin stabilized on a month-on-month basis, and the net interest rate rose on a month-on-month basis. The parent company’s book cash of approximately US $ 5 billion provided the foundation for the future of intelligent manufacturing platforms.

It is expected that the company’s net profit attributable to its parent will be 14 from 2019-2021.

01 (-2.

64), 15.

83 (-2.

65) and 18.

50,000 yuan, maintaining the “recommended” level.

Q1 net interest rate increased by 0.

In the nine quarters, Q2 gross profit margin is expected to increase Q1’s company revenue in 201942.

67 ppm, an increase of 7 per year.

16%, net profit attributable to mother 2.

19 ppm, a decrease of 1 per year.

93%, mainly due to the Q1 receivables accrued 30.07 million yuan in credit losses, compared with 10.86 million yuan in the same period in 2018.

The company’s overall gross profit margin in Q1 2019 was 17.

08%, down 3 a year ago.

28 units, but only down 0 from the previous month.

1 average value. Since the second quarter of 2018, the decline in the gross profit margin in a single quarter has eased and stabilized. We expect the company’s gross profit margin to increase sequentially in the second quarter of 2019.

Expense rate during the company’s 2019Q1 period 8.

22%, down by 1 every year.

79 averages, a decrease of 0 from 2018.

During the 28 years, the expense ratio during the period tended to decline; the company’s net interest rate in the first quarter of 2019 was 8.

41%, a quarter-on-quarter increase of 0.

9 units.

The carrying cash of the parent company has reached 49.

200 million, which is the cornerstone of building a smart manufacturing platform. In 2014-2018, Shanghai Electromechanical obtained an investment income of more than 1 billion in cash, and 2018 was 11.

At the end of 2018, the carrying cash of the parent company increased by 5 compared with 2017.

6.4 billion.

We analyze that the increase in the parent company’s carrying cash is mainly to obtain cash dividends from subsidiaries such as Shanghai Mitsubishi.

At the end of 2019Q1, the carrying cash of the parent company was 49.

20,000 yuan, we expect to exceed 5.5 billion yuan by the end of 2019.

As the parent company has no operating assets, its continued increase in book cash may be the cornerstone of the company’s rapid industrial 南京夜网 development, seeking new growth points and actively building a smart equipment manufacturing platform.

Elevator business is a cash cow, and it will continue, or it will push smart manufacturing forward.
Since 2018, Shanghai Electric has focused on the development of smart energy and smart manufacturing businesses, and promoted the development of Shanghai Electric by combining endogenous growth and outbound investment.

The company is the most important asset of Shanghai Electric’s industrial equipment sector, and an important platform for Shanghai Electric to develop into the field of intelligent manufacturing.

From 2016 to 2018, the company’s achievements in smart manufacturing with precision gear reducers exceeded expectations, and its book cash has reached 49.

200 million US dollars, and the cash cow property of the 苏州桑拿网 elevator business continues, or it will push the company to take a leap forward in the field of intelligent manufacturing.

Risk warning: the risk of prolonged real estate development cycle, the risk of rising raw material prices

Wanhua Chemical (600309): Reduce China MDI Listing Price in June

Wanhua Chemical (600309): Reduce China MDI Listing Price in June

Event: The company announced the MDI price announcement for China in June: China ‘s aggregate MDI distribution market price was 14,500 yuan / 厦门夜网 ton (down 4,500 yuan / ton from May prices), and the direct sales market was 15,000 yuan / ton (down from May prices4500 yuan / ton); the pure MDI listing price is 23700 yuan / ton (down 3500 yuan / ton from May prices).

Comments: 1. The fluctuation of Wanhua Chemical’s listed price in the first half of 2019.

From January to June 2019, Wanhua Chemical’s pure MDI listing prices were 23,700 yuan / ton, 23,700 yuan / ton, 24,700 yuan / ton, 26,200 yuan / ton, 27,200 yuan / ton, and 23,700 yuan / ton, with an interval of 4,000 yuan / tonIt can be seen that the price of pure MDI is relatively stable; the downstream of pure MDI is mainly PU synthetic leather, elastomers, waterproof coatings, adhesives, spandex, etc., except for PU synthetic leather slurry filling, the other major downstream production is still growing slightly, plusThe proportion of pure MDI traders’ supply is very small, so it has little effect on the actual market volume. The market size of pure MDI is stable. It is expected that prices will remain above 20,000 yuan / ton in the second half of the year.

Polymer MDI listed prices from January to June were 12,500 yuan / ton, 13,200 yuan / ton, 15200 yuan / ton, 18300 yuan / ton, 19500 yuan / ton and 15,000 yuan / ton.

Affected by the trade war, the downstream demand for aggregate MDI decreased in May, so the aggregate MDI market price gradually dropped to the current level of 14,500 yuan / ton throughout May, which also directly affected the listing price in June.

We believe that the overhaul of manufacturers at the end of May will reduce the domestic market supply accordingly. The listing price in June also indicates that mainstream suppliers do not think that prices will fall to the initial level.

In fact, the price of aggregated MDI in Shanghai has steadily increased since the beginning of this week. The demand side purchases on demand, and the price will remain in a narrow range.

In the second half of 2019, the market will be more complicated. Wanhua Chemical’s existing MDI capacity will be increased by 80 through technological transformation, and costs will be degraded and increased. Therefore, even if the MDI price is adjusted slightly, Wanhua Chemical will ensure product profitability by reducing costs.Massive increase the company’s MDI business’s net profit level.

2. Maintain “Highly Recommended-A” investment rating.

We will not adjust the level of Wanhua Chemical because of the short-term MDI price fluctuations because the growth of Wanhua Chemical in the medium-term (12-24 months) or even long-term has not ended, and the company’s various projects are in an orderly and chaoticget on.

The production capacity of Wanhua Yantai Industrial Park will be increased to 110 units / year, and the production capacity of Ningbo Industrial Park will be increased to 150 units / year. A total of 40 new MDI units and integrated supporting projects will be built in Louisiana, USA.

At this point, Wanhua will have production bases in three markets in Asia, the United States and Europe, to achieve layout.

The company’s 30-ton TDI, 5-minute / year MMA, and 8-ton / year PMMA will be put into production in 2019. The structure of multi-category products has been gradually improved, and integration and refinement strategies have been integrated. The execution of projects in the petrochemical field is reflected in C3 and C2Smooth progress of the industrial chain; Wanhua Chemical’s future growth path is very clear.

Wanhua Chemical absorbed and merged Wanhua Chemical through issuing new shares, and the integration of high-quality assets was completed.

We each simulated the possible adjustment of financial calculation indicators after the merger, and it is estimated that the total revenue of the company for 2019-2021 will be 4 respectively.

25 yuan, 4.

66 yuan, 5.

53 yuan.

The company’s subsequent construction of several heavy-weight products has been smoothly advanced, maintaining the investment rating of “Highly Recommended-A” unchanged.

3. Risk warning.

The risk of the company’s MDI product prices falling sharply; the price of petroleum products falling sharply; the expected risks brought by the marketing of special chemical products;

Haige Communication (002465): Chip + Scenario Double Fist Attacks Optimistic about the Growth Prospect of Beidou Leaders

Haige Communication (002465): “Chip + Scenario” Double Fist Attacks Optimistic about the Growth Prospect of Beidou Leaders

Company status On May 22, Hager Telecom participated in the 10th China Satellite Navigation Academic Conference and released a number of new Beidou III chip products, as well as multiple Beidou high-precision solutions such as precision services and intelligent space-time.

The newly released “Dolphin One” is the first 100Hz class high-precision baseband chip in China.

“Dolphin No. 1” HP2018 is the first batch of full-system full-frequency satellite navigation military-civilian dual-use advanced baseband chips in China, capable of handling anti-narrowband interference and anti-deception interference capabilities in complex environments.

The chip has a self-developed high-performance hardware accelerator, and it is the first high-precision positioning and navigation baseband chip in the country to support 100Hz-level data update rates (10?
20Hz level), which can provide continuous accurate positioning and timing in a highly dynamic and complex environment to meet the needs of autonomous driving and more artificial intelligence applications.

The newly released RX3701 Beidou III RF chip ranked first in physical comparison.

The RX3701 quad-receive and one-transmit multi-mode multi-frequency RF chip designed and developed by Guangzhou Runxin supports all navigation frequency points, L-band star-based enhanced signal reception, global short message signal transmission and reception, including 3 independent GNSS down-conversion channels and RDSS transmission and reception.aisle.

The chip has excellent performance and ranks first in physical comparison, giving Haige Communication a leading edge in the field of Beidou III equipment.

“Core Device + Application Scenario” 四川耍耍网 double fist attack, optimistic about the growth prospects of Beidou navigation leader.

Haige Communications is a Beidou navigation equipment development expert with an entire industry chain layout, and its market share is in an internal leading position.

In terms of Beidou III core devices, military RF chips are ranked first in the bidding process. Military baseband chips passed the first round of comparison and were successfully selected. Military anti-interference modules are planned to be completed in the second half of 19 years, and civilian chips are planned to be mass-produced in the second half of 20 years.
In terms of application scenarios, the company mainly promotes three major directions: location services, smart cities, and intelligent transportation: Beidou’s advanced service platform construction is rapidly advancing, and the precise positioning network is planned to complete national networking in 2019; it is being built in cooperation with the government in Nansha New District, Huangpu District, GuangzhouDemonstration projects, we judge that it is expected to form a replicable model and promote it to the whole country in the future.

The Beidou III era is coming. We are optimistic that Beidou military products will open a new round of rapid growth for the company, and optimistic that Beidou civilian products will open up long-term growth space for the company.

It is estimated to be maintained at 5.

7.4 billion / 8.

00 ppm19 / 20 year net profit forecast unchanged.

Currently corresponds to 38 previously.

2x / 27.

4x 19 / 20e P / E, located in the bottom area of the company’s historical height and below the comparable company’s forecast hub, is absolutely absolute and relatively attractive.

Maintain target price of 12 yuan, corresponding to 35x20e P / E (SOTP estimate), potential growth potential is 26%, and re-recommend.

Risks The progress of military order delivery and the development of new markets for civilian products are uncertain.

China Merchants Securities (600999) Research Brief: Self-operated business releases science and technology board to increase investment bank performance

China Merchants Securities (600999) Research Brief: Self-operated business releases science and technology board to increase investment bank performance

Event description According to the monthly operating report, from January to November 2019, the parent company gradually realized operating income of 117.

09 million yuan, an increase of 54% in ten years; gradually achieve a net profit of 46.

440,000 yuan, an annual increase of 55%.

Event Commentary Self-operated business and capital intermediary business contributed performance elasticity.

The market is picking up in 2019, and the attributes of the securities firm Beta are evident.

In the first three quarters, the company’s securities investment income was 41.

40,000 yuan, an increase of 152% in ten years; realized interest income of 14.

7.5 billion, an increase of 126% in ten years.

深圳桑拿网 Science and technology board business increased investment bank performance.

In 2019, the company issued 141 IPOs.

96 ppm, ranking the fourth in the industry; the company provides 12 companies with science and technology board issuance services, ranking 5th in the industry; according to WIND, China Merchants Investment participates in strategic issuance and is gradually allocated.

44 trillion, the latest holdings of market value 2.

3.3 billion, a floating profit of 62%.

The company’s first three quarters of investment bank underwriting net income10.

27 ppm, an increase of 14% per year.

Credit ABS underwriting industry first.

The debt-bearing business continued to maintain its advantages and created asset securitization product features.

According to WIND, the total size of corporate debt commitments in 2厦门夜网019 is 3951.

53 trillion, market share 5.

21%, ranking fifth among brokers; ABS underwriting totals 2325.

24 ppm with a market share of 10.

49%, ranking second in the industry; of which the scale of credit ABS underwriting is 1933.

54 trillion, market share 20.

06%, the industry first.

The custody outsourcing business is stable first in the industry.

The company’s institutional service capabilities are leading the industry. At the end of the first half of the year, the company’s custody expansion products (including asset management subsidiaries) totaled 19,206, an increase of 4 from the end of the previous year.

01%, scale 20,769.

670,000 yuan, an increase of 4 over the end of last year.

91%.

In the first half of the year, the company ranked first in the industry for the number of private fund custody products, the number of WFOE custody expansion services and WFOE managers; the number of public fund custody ranked first in the securities industry.

In March 2019, the company took the lead in launching a rights issue.

The proposed fundraising does not exceed 15 billion, and the company’s controlling shareholders and concert parties (shareholding ratio).

09%) has promised to fully subscribe for the placing shares to provide support for the company’s development.

In addition, the company launched an employee stock ownership plan to promote state-owned enterprise reform and increase employee stickiness.

Investment suggestion that the company’s various businesses develop in a balanced manner, without obvious business shortcomings, and through complementary institutional service capabilities, bring leading advantages in areas such as custody expansion and asset securitization.

Steady operation is the company’s background, coupled with the additional shareholder strength, optimistic about the company’s long-term development.

The company’s EPS for 2019-2021 is expected to be 0.

98\1.07\1.20, BPS is 13.

00\13.74\13.83, corresponding to the company’s closing price on December 31.

29 yuan, PB for 2019-2021 is 1 respectively.

41\1.33\1.32.

Maintain the “overweight” rating.

There is a risk that the secondary market has severely declined; capital market reforms have fallen short of expectations.

Sany Heavy Industry Co., Ltd. (600031): Core product market share increased significantly and performance again exceeded expectations

Sany Heavy Industry Co., Ltd. (600031): Core product market share increased significantly and performance again exceeded expectations

Event: The company foresees a net profit of 65% in the first half of the year
7 billion, an increase of 91 in the future.

82%?
四川耍耍网106.

58%, of which Q2 achieved net profit attributable to mother 33?
3.5 billion, an increase of 74 in the future.

79%?
85.

38%, net of non-attributed net profit 66?
7.1 billion, an increase of 89.

51%?
103.

87%.

Opinion: The performance exceeded expectations again.

The company’s core product sales grew much faster than the industry, and its market share increased significantly.

At the same time, under the background of cost reduction and efficiency improvement, the profit level has increased significantly, and the profit forecast has been raised.

The construction machinery industry is expected to have no worries, and it is judged that the growth rate in the second half of the year is better than expected.

① In the first half of 2019, the investment in real estate development increased for many years10.

90%, an increase of 1 over 2018.

4pct.

②In the first half of 2019, the growth rate of infrastructure investment in the past ten years2.

95%, an increase of 1 over 2018.

At 16 points, the shortcomings of capital construction are obvious. Considering the new special debt regulations, we expect that under the conditions of caution, neutrality and optimism, the contribution to the growth rate of infrastructure investment in 2019 will be 0.

61 points, 1.

71 points, 3.

66 points, raising the expected growth rate of infrastructure investment.

③ Based on the above real estate and infrastructure investment situation, and then consider upgrading and export demand, we believe that the growth of the construction machinery industry is worry-free, and judge that the construction machinery industry will grow faster than expected in the second half of the year.

The growth rate of core product sales far exceeded that of the industry, and the market share increased significantly.
① The market share of excavators still ranks first in the industry.

In the first half of 2019, the sales volume of the excavator industry13.

70,000 units, previously +14.

33%, SANY sales of 34,995 units, +32 throughout the year.

12%, the market share reached 25.

48%, an increase of 2 from 2018.

48pct, ranking first in the industry.

② The production capacity of cranes has increased, and the growth rate far exceeds that of the industry.

According to the data from January to April, the sales volume of Sany cranes was 4,380 units, at least +118.

02% (industry growth rate 68.
28%), with a market share of 24.

93%, an increase of 5 per year.

69pct; 848 cranes, at least +44.

22% (industry growth rate of 14.

94%), with a market share of 14.

84%, an increase of 3 per year.
01pct; sales of 422 crawler cranes, +114 a year.

21% (industry growth rate 58.

12%), with a market share of 46.

58%, an increase of 12 per year.

20pct.

The cost reduction and efficiency improvement are obvious, and the profit level is expected to increase significantly.

The company’s core product share has increased, and the scale effect is significant. At the same time, considering the intensified competition in the Q2 market, we judge that the gross profit margin generally shows a trend trend. Under this background, the company vigorously promotes digitalization and intelligent manufacturing, and the cost reduction and efficiency improvement effects are obvious.The company’s profitability is expected to increase significantly.

Investment suggestion: It is expected that the company’s net profit attributable to its mother for 2019-2021 will be 115.

69, 138.

06, 156.

5.6 billion, an increase of 89 each year.

15%, 19.

34%, 13.

40%, the corresponding EPS is 1.

38, 1.

65, 1.

87 yuan, corresponding to PE is 9.

73, 8.

15, 7.

19 times, maintaining the “highly recommended” level.

Risk reminder: The shortcomings of infrastructure repairs have fallen short of expectations, investment in fixed assets has expanded, and overseas expansion has suffered major setbacks.

[Additional reason not to rush to say I love you]

[Additional reason not to rush to say “I love you”]

Now you are overwhelmed by the girl you met last week.

No matter how romantic a date you go, no matter how close you are, you are ready to confess, but you can’t wait to say those three words-now is not the time.

Although you may be completely trapped, she may need some time to judge the direction of your relationship.

Everything is about timing, and before that, you can’t say “I love you” to her.

8 reasons to tell you not to rush to say “I love you”.

1.

Erasing excitement believes us that the most beautiful stage of a relationship is early, when everyone is mysterious in the other’s heart.

Bending her knees just looked at her. Every time she touched you, goosebumps and talked about late at night-all these things may be gone forever.

Say “I love you” and it’s all broken.

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[Pigfoot red date wolfberry soup]_ production method _ practice Daquan

[Pigfoot red date wolfberry soup]_ production method _ practice Daquan

Soup is the most important part of your diet because drinking soup regularly is good for your health.

And people’s bodies need nutritious soups. Pig’s feet red dates and wolfberry soup is a kind of soup that people are familiar with. Drinking them regularly will have many benefits because pig feet are rich in protein, collagen, and skin.Is the best match.

But how should pork leg red date wolfberry soup be made?

Chinese wolfberry and red date trotter soup ingredients: trotters, white lentils, wolfberry, red dates, indica rice, spring onion, ginger slices, coriander powder seasoning: salt, cooking wine, pepper.

The practice of wolfberry red date trotter soup 1. Wash the red dates and remove the kernels; wash the white lentils and wolfberry; wash the barley and soak them in water; handle the trotters clean; prepare other ingredients.

2. Set the pot on the fire, add warm water, cooking wine, add trotters, blanch until water boils, remove and drain.

3, casserole add water to boil, add trotters, add onion segments, ginger slices, red dates, white lentils, barley, wolfberry, boil over high heat, boil cooking wine.

4. Turn to low heat, add salt and pepper, cook for another 40 minutes, and sprinkle with coriander.

Effect of Chinese wolfberry and red date trotter soup: nourishing blood and moisturizing, nourishing liver and kidney.

The efficacy and function of wolfberry and its consumption method The head of wolfberry is the tender stems and leaves of wolfberry.

Each 100 grams of fresh wolfberry head contains 3 grams of protein, 1 microgram, 8 grams of crystals, 15 mg of calcium, 67 mg of phosphorus, 34 mg of iron, 396 mg of carotene, 1023 mg of vitamin B, 2033 mg of vitamin B, and 3 mg of vitamin C.17 mg of niacin and betaine suggest that shrimp and wolfberry can be eaten together: it has the effect of nourishing kidney and yang, and has certain effects on impotence, nocturnal emission, premature ejaculation, and frequent urination.

Grapes and wolfberry can be eaten together: two kinds of food are good for blood

[Baby still pulls after taking montmorillonite powder]_ after children use _ diarrhea

[Baby still pulls after taking montmorillonite powder]_ after children use _ diarrhea

The most worrying thing about the baby’s body is the parents. Parents are anxious that they can take effect immediately after taking the medicine to the baby, and save the baby from suffering.

Some babies have taken montmorillonite powder during diarrhea, and their diarrhea after consuming montmorillonite powder has not relieved their symptoms. Parents will inevitably be anxious.

Let’s understand that it will be good to eat montmorillonite for a few days.

First, eating montmorillonite powder for dysentery for a few days will be good. The flu disease may be caused by bacteria or viruses. Therefore, you cannot take montmorillonite powder to solve the problem by yourself. Seek medical treatment immediately.

Smecta Montmorillonite powder has a layered structure and non-uniform distribution, which can fix and inhibit viruses, germs and toxins produced in the digestive tract; Smecta Montmorillonite powder can be polished from the instructions.The ability to cover the mucous membrane of the digestive tract, and repair the qualitative and quantitative aspects by combining with the mucoglycoprotein to improve the defense function of the mucosal barrier against attacking factors. Does Montmorillonite treat gastroenteritis?Complications, Smecta Montmorillonite does not enter the blood circulation system, and at the same time, the fixed attack factors move with the digestive tract itself.

This product does not affect the X-ray examination, does not change the color of the stool, does not change the normal bowel movements, and is an essential medicine for everyone when playing.

Second, montmorillonite powder is suitable for eating before meals or after meals. The reason is that montmorillonite powder has a strong ability to cover and protect the digestive tract mucosa, repair and improve the defense of the mucosal barrier against attack factors.Function, with a balance of normal flora and local analgesic effect.

Because the main component of montmorillonite is montmorillonite, the montmorillonite component is not absorbed by the human body, does not enter the blood circulation, does not affect peristalsis, and does not affect the digestion and absorption of food.

Montmorillonite powder usage and dosage 😕

Pour this product into 50ml warm water, shake it orally.

Children: Under 1 year, take 1 sachet daily in 3 divided doses.

1 year old?
2 years old, take 1-2 sachets daily, and take 3 times.

Above 2 years old, take 2-3 bags daily in 3 divided doses.

Or as directed by your doctor.

Adult: 1 bag 3 times a day.

Take this medicine immediately when treating acute diarrhea, and double the first dose.

[Of which durian varieties are the best-]_ species _ category

[Which durian variety is the best?

】 _Type_Category

Durian is more popular, and there are many types of durians. When people buy durians, they want to buy some delicious durians, so someone needs to be able to master some skills and methods when buying durians.

Then choose some golden pillows, chaney, long handles and other durians that are widely praised by the public are better choices.

Let ‘s take a closer look at the best durian varieties.

(1) “Golden Pillow”, (Mengtong), is current.
It is a kind of meat that is rich and sweet, and the flesh is golden yellow. Often, some of the petals are relatively large, called “main meat”, because the smell is not too strong.fruit.

Golden pillows can now be eaten all year round, but the price varies with the season. The price is the cheapest in the peak season, and the best time to eat; (2) “Chanet”, in which the leaves are small, the meat is large, and the kernels are small.Smaller ones are more popular, the price is cheaper than golden pillows, and the flesh is preferably dark yellow; (3) Long-handled: Because of this, the durian has a longer stalk than other varieties, which is long and round, and whole.The durian is also mainly round, the flesh and the core are round, the skin is green-green, the spines are many and dense, the core is large, the flesh is small but delicate and strong; (4) Gu Yetao: the meat is particularly delicate,Its sweetness is as dense as its small tip, which is popular among gourmets and is the most expensive durian.

Durian in Thailand has a wide production area. From Nonthaburi Province in the central region to Rayong Province, the durian in Prachinburi Province has won the championship.

The durian in the south of Thailand is called inferior in the central and eastern parts. It has large kernels and small flesh. However, due to its late maturity, after the other durian seasons are over, it will be “thin and expensive”.

Buying durian is also a science.

In addition to whether a durian is delicious, in addition to its variety, place of origin, climate, fertilization and picking time, it is also very important to cut open and eat in time.

Because it is not mature before eating, durian meat is hard and light, tastes the same as chewing wax, it will not be delicious.

Therefore, when buying, do not hinder asking more vendors. They will tap the durian with a small bamboo stick and listen to its sound to identify the maturity. At the same time, they can determine whether it can be cut open by smelling, or can be selected at the fruit stand or supermarketIt is peeled and only sells meat. In this way, you can use the naked eye and fingers to insert the grind and feel whether it is cooked. At the same time, one person wants one durian at a time, and can’t eat it.

[Effects and effects of mountain peppers]_Benefits_Use

[Effects and effects of mountain peppers]_Benefits_Use

Japanese pepper, also known as Japanese pepper, is a kind of condiment, like Japanese pepper, it can be a good flavor when it is cooked. Japanese food is often seasoned with Japanese pepper.

Mountain pepper is a condiment and a traditional Chinese medicine. Many people use mountain pepper to make tea. Some Chinese medicine doctors also like to put some mountain pepper when they prescribe medicine. So what is the effect and function of mountain pepper?

Mountain pepper is the fruit of camphor plant, the pepper is also called mountain pepper, wood pulp, mountain dragon, thunder, wild pepper, fragrant leaves, hawthorn red, stinking sylvestris, and mountain pepper have moderate temperature and coldEfficacy, peppercorns have no effect on stroke, cold and pain in the confidant, peppercorn roots, branches, leaves, fruits for medicinal purposes, rheumatism, swelling, detoxification, analgesic effect.

The effectiveness of mountain pepper: medicine name: mountain pepper alias: mountain pepper, wood pulp, mountain dragon, thunder, wild pepper, fragrant leaves, hawthorn red, scotch name research: original plant tendon tree, also known as: Vitex negundo L., Youjinnan, Fake firewood, Stinky firewood, Hook camphor, Fake dry firewood, Chicken rice wind, Beef tendon strips, Swindle maple, White leaf maple, Laolaihong Source: Dicotyledon medicinal camphor plant,The fruit of camphor pepper.

Medicinal part: Fruit of the tendon tree.

Fruits and leaves can be used to extract aromatic oils as food and cosmetic essences; seeds contain thin oils, which can be used to make soap and mechanical lubricants; roots, branches, leaves, and fruits are used for medicinal purposes.
Sexual taste: Sin, warm.

Meridian: into the heart, spleen two meridiansEfficacy: warm in the cold.

Indications: Healing strokes without speaking, cold and pain in his heart.

Efficacy classification: Wenli medicine Indications: cold pain in the abdomen; full chest and boring stuffing; surgical usage: oral administration: decoction.

The role of mountain pepper: 1, the pepper does not speak of a stroke: dried pepper, 5 grams of yellow vitex.

A total of mashed, soaked in water.

(“Shaanxi Chinese Herbal Medicine”) 2. Mountain pepper treats malignant sore and swollen poison: mountain pepper leaf, hibiscus flower leaf, and vestibular cotyledon.

Totally smashed and applied topically.

(Jiangxi “Handbook of Herbal Medicine”) 3. Mountain pepper treats asthma: 100g fruit of mountain pepper, one pay for pig lungs.

Add rice wine, light or sweet stew.

Finished once or twice.

(Jiangxi “Handbook of Herbal Medicine”) 4. Peppercorns cure colds, headaches and fever: 50g of peppercorns and 40g of white horse bone.

Decoction.

(Jiangxi “Handbook of Herbal Medicine”) 5. Pepper treats traumatic bleeding: appropriate amount of pepper leaves, ground powder, and sesame oil.

(“Jiangxi Herbs”) The practice of mountain pepper fish: Mountain pepper is also known as wood ginger, which is both a spice and a health product. It has a unique aroma and is especially suitable for cooking fish.

1. First, cut and wash the fish, cut into pieces, and cut the fish head into two pieces.

2. Put lard, stir-fry two ginger slices in oil, then fry fish head, fish tail, and fish bones in the pot at mid-section, add some salt, and pour boiling water in the pot to cook.

3, after the oil smokes, put the pepper, after the flavor is fried, put MSG, shallots, celery, stir.