I haven’t waited for this person to finish,A group of police suddenly broke in。

Watching the policemen who suddenly broke in,Oscar·The last fluke in Chapman’s heart disappeared without a trace,The whole person was completely paralyzed:He understands,Over!
Without giving any notice,The Detroit Police Department suddenly raided the North American Auto Workers Association headquarters,This is legal?
Theoretically,This is indeed illegal,Normal procedure is not like this。The official who gave the order may even be removed,But the Detroit police did it anyway,This shows what,This shows that Chen Geng must secretly give a promise that the Detroit police cannot refuse,This promise is so big that the relevant executives will not hesitate to lose their jobs。
As for whether future lawsuits can be won,For example, it’s like Simpson’s wife murder case,Even if the police provided the prosecutor with clear evidence of corruption at the top of the North American Auto Workers Association,Also because the procedure obtained from this evidence is illegal and cannot be adopted……
Think about this too much,Chen Geng is not afraid of the evidence,As long as there is evidence,He can hire the best lawyers,So that these executives of the North American Auto Workers Association can’t stand up completely!
and,Even if it’s a step back,These evidences cannot be used,So what?,The police can publish these evidences through the media,Let all the members of the North American Auto Workers Association see what their union leaders look like,At that time, Chen Geng can fully promote the re-election within the North American Auto Workers Association.,These guys still have to get out……In short,There are always more ways。
……………………
Chen Geng took action on the North American Auto Workers Association!
Richest man today、 AMCCar owner、Representative of the American Dream、Fernandez who will be the new mayor of Detroit·Mr. Chen,Real-name report to the Detroit Police Department for corruption at the top of the North American Auto Workers Association、Request the Detroit Police Department to investigate the situation and submit it to the prosecutor,The Detroit police received the report and the evidence provided by Chen Geng on the night,Made a surprise attack on the headquarters of the North American Auto Workers Association、In this sudden attack,The police got a lot of news about the evidence of corruption and profit transfer from the top and middle-level leaders of the North American Auto Workers Association,Detonated the entire United States in an instant,The media across the United States flocked to Detroit like crazy,Just to be able to send back relevant reports as soon as possible。
at the same time,There are too many big people who can’t sleep。
Everyone was not only shocked by Chen Geng’s harsh methods,More because they used to take money from the North American Auto Workers Association,Of course when I took money before,it’s good now,The Detroit police raided the North American Auto Workers Association as Chen Geng wanted,Will there be evidence that I took money from the North American Auto Workers Association??
under these circumstances,The phones of the Detroit Police Department and Chen Geng kept ringing,Those big people who are scared want to know what Chen Geng means,the most important is:You won’t be ready to yin me?
“rest assured,Tom,This time,Only to let the senior executives of the North American Auto Workers Association get out,”To a certain state legislator on the phone,Chen Geng said seriously:“You know,I have a clear principle,Just don’t mess with me,I won’t mess with you,Some idiots of the North American Auto Workers Association,I want to stick my paw into my territory,Of course I want to chop off the paw。”
“Really?”Tom is relieved,Tentatively:“Fernandez,You know,I have a seaside villa in California,But I haven’t had much time……”
“Just right,Taking advantage of the last time before taking office,I am going to California to relax,Can you lend me your house for a few days?”Without waiting for Tom to finish,Chen Gengjiu:“rest assured,I give rent。”
————————————
PS:Brothers sorry,Please wait a few minutes。
Richest man today、 AMCCar owner、Representative of the American Dream、Fernandez who will be the new mayor of Detroit·Mr. Chen,Real-name report to the Detroit Police Department for corruption at the top of the North American Auto Workers Association、Request the Detroit Police Department to investigate the situation and submit it to the prosecutor,The Detroit police received the report and the evidence provided by Chen Geng on the night,Made a surprise attack on the headquarters of the North American Auto Workers Association、In this sudden attack,The police got a lot of news about the evidence of corruption and profit transfer from the top and middle-level leaders of the North American Auto Workers Association,Detonated the entire United States in an instant,The media across the United States flocked to Detroit like crazy,Just to be able to send back relevant reports as soon as possible。

“Could it be that this time the Sedum group members shot?”

Nezha asked with a smile,See how Sedum is safe and sound now,It’s not like the look of a tragic battle,Nezha Conjecture,It should be Jingtian,So I can end it easily。
“Nezha group members look at me high,I also want to try,Results for the first attempt,Was cut to pieces by that boy,Then I didn’t continue to try。”
“After all, fate is yours,Can’t take risks,I can only use the life-saving jade talisman given by Xu Xian to solve the crazy boy。”
“This time I can really see what is cause and effect,What is sluggish luck,Then I went straight back to the world I was in,It’s impossible for me to go to the city of heaven。”
Jingtian said with a smile,He has never seen so many people in trouble,therefore,He was scared away,Maybe if he hesitates for a while,There will be other accidents,Then he has no choice,I can only find a backer for help。
“Sedum’s group members are persuaded?Absolutely persuaded?”
“Sedum, don’t persuade you,Take out your domineering son of a thousand world luck,Swept away,Overwhelming City of Heaven,Then start a live broadcast,Let me wait to see the heroic figure of King Sedum。”
Nezha said with a smile,It’s rare to see Sedum so bluntly,He feels very novel,In his impression,This is the first time I have seen Jingtian so scared。
really,People can’t look,Unmatchable sea water,And Sedum is the son of luck in a thousand worlds,So embarrassed,Really good?I’m afraid I didn’t want to laugh him to death?
————
Chapter One Hundred and Ninety Six Monkey King’s mission
“Nezha group members laughed,I’m just Mingzhe to protect myself,Knowing that the city lord of the heavens is entangled in cause and effect,I won’t stay in the quagmire。”
Jingtian said with a smile,He has a plain personality,A stable life is most important,Provoke right and wrong for no reason,But not his style。

Su Xuehen was also scared,In her memory,There has never been such a moment of panic。

Mom disappeared?Still taken away by bad guys?
what should I do?Do you want to call the police??But the voice just now,what is that?
All kinds of questions keep attacking my heart,Made her feel confused,Helpless。
but,Su Xuehen quickly calmed down,She tried to remember the last scene,Every word mother said。
“Run fast!Go to Lu Menglin!”
Why did my mother ask me to find Lu Menglin?
He is the overlord Aotian,What does he have to do with me?
and,Will he help me?
Unknowingly,Su Xuehen has already taken to the street alone,Her desperate look,Attracted many passersby。
Such a beautiful girl ran aimlessly in the street,And her eyes are full of confusion,This makes many bold men think。
Su Xuehen also felt the malicious gazes around him,And those who follow,Eager men,I feel more miserable in my heart。
“do not care!Only find him。”Su Xuehen gritted her teeth in her heart。
She took out her phone,I dialed the phone number I didn’t plan to dial。
“Overlord Aotian,I am Su Xuehen。I have bad guys in my family,Mother is gone,Can you help me?”Su Xuehen said softly。
“where are you?I will be there immediately!”Lu Menglin heard Su Xuehen’s request for help,I was shocked in a cold sweat,Asked quickly。
He thought Hong Kong Island was already his sphere of influence,No one should be against Su Xuehen,How can I know that I have been away for less than 24 hours,There was a problem immediately。
“I am in Sheung Shui,On Donghua Street near home。”Su Xuehen was weak,Whisper。
“it is good!You are in place,do not leave,I will call someone nearby to protect you。I will be there soon。”Lu Menglin said。
“it is good,I’ll wait for you at the door of Starbucks。”Su Xuehen answered helplessly。

“what?I gave you the villa too?”Jiang Yan couldn’t believe it even more。

It seems that Guo Zhanpeng wanted to save his son,I really saved it。
“That’s still false!”Qin Feng said pretentiously。
“then you……”
“Then I definitely can’t ask for it!”Qin Feng naturally knows Jiang Yan’s thoughts,It’s because of Jiang Yan’s face,Otherwise Qin Feng won’t be polite to them。
“I knew it!”Although Jiang Yan usually looks cold,,But she is kind by nature,Although Guo Zhanpeng was not kind to her before,But Jiang Yan is not willing to kill them all。
“Poor parents in the world,Guo Zhanpeng paid little for the company,He has today because of his son,and so,I can’t kill myself too quickly,But this assignment agreement,I have to get it back for you,I’m not afraid that someone will turn back in the future。”
Qin Feng promised Jiang Yan,Can’t change for whatever reason,Unless Jiang Yan voluntarily transfers,Otherwise no one can take away。
At this moment Jiang Yan looked at Qin Feng and couldn’t say a word,In addition to being moved or moved。
“Brother-in-law,You are the lucky star of our family,No matter what happens to you,This time it’s fine,Jiang Shi Ji
group,Never worry about falling into the hands of others anymore。”
Jiang Yu is the one who blames the most。
“family,You’re welcome。”Qin Feng was a little embarrassed by these sisters。
“Qin Feng,I want to put this share in your name。”Jiang Yan thought for a while and said to Qin Feng。

“Tianyu,If i guess right,Did Geodahua tell you before,The Fuxing Club was established for the revitalization of the four families of Qiao, Lu, Cui and Chen,Is synonymous with the four big families,right?”

“Yes indeed,Is not it?”I heard Geodaye say so,Qiao Tianyu asked suspiciously。
“fart!Certainly not!They dare to put gold on their faces!”Geodaye scolded,Said contemptuously。
“Tianyu,Let me tell you today what is the real Fuxing Society!”
After talking about Geodyne, stretch his right arm over,Roll up the sleeves of clothes,It reveals a tattoo design on the outside of his right arm deltoid muscle。
The tattoo design is in a circle as big as a teacup,Embedded with two triangle patterns in opposite directions。
“Tianyu,This pattern,Have you seen it before?”Geodaye pointed to the tattoo and asked。
“This pattern!Have seen!I have seen!”As soon as I saw that pattern,Qiao Tianyu became excited。
Qiao Tianyu was so impressed with that pattern,Isn’t that the pattern I saw in the burned room of Mr. Wu Wenjie in Qixian Academy??
But soon Qiao Tianyu became alert again,what’s the situation,Why does this pattern appear on GEODIS,Does this pattern have anything to do with GEODIS??
“Yes,Tianyu,I think you should have guessed it,The meaning of this pattern is indeed very unusual。”Geodaye explained seriously。
“It’s the same as the pattern of an arrow hitting a plum blossom is the symbol of the arrow cherry organization,This pattern is the logo of Fuxing Society!”
“Logo of Fuxing Club?”Qiao Tianyu was dumbfounded,Cast a doubtful look at GEODIS。
“Daye,Not right,I’ve been to the Fuxingshe headquarters,If this pattern is really the logo of Fuxing Society,How come I haven’t seen this pattern in the headquarters of Fuxingshe?”
“Because the Fuxing Club headquarters you went to that time,Is actually a fake!”Geodaye explained righteously。
“what?Risk.Counterfeit goods?”Qiao Tianyu was even more dumbfounded,Could it be that there is another Fuxing Club in the world??
“Daye,what happened,Talk about it,I’m so anxious!”Qiao Tianyu couldn’t wait to ask。
“Tianyu,Don’t worry,Listen to me tell you slowly。”Geodaye explained calmly。

Lingxiao City Warrior Association,Chairman Liu is sitting at the top of the conference room,Looking at everyone with frowning,Since the man in black appeared,The entire warrior association is in a state of tension。

Threat from a martial artist who entered the Holy Realm,No one can sleep well。
But weird!
Since that night,The shadows disappear completely,Even if they use all their power,There is no way to find it out,The other party seems to be completely missing。
Lingxiao City said it’s too big,Small but small,As usual,Don’t say it’s alone,Even if it’s a missing piece of martial arts,They can be sent back to the association within 24 hours。
There is a depressive atmosphere in this conference room,Mainly from people sitting around。
Who would have thought,In addition to the five saint martial artists on the surface,There are three hidden holy masters in the Warrior Association,Plus the president,There are a total of nine masters who have entered the Holy Land。
Such a huge power,I’m afraid that even Tujia wouldn’t think of it。
This is the powerful strength of the warrior associations all over the country,If Xia Chenglong alone,It’s really hard to shake each other。
“President,Did that person leave after knowing our strength?,After all, it’s just a city,Is it possible to dare to challenge the Martial Arts Association?”
“Oh,I think what the fourth child said is possible,Looking at the entire Lingxiao City,He, a foreigner may have the ability to fight with us。”
For several elders,The first man also thought,And judging from the current feedback,This fully meets the requirements。
just……
I do not know how it is,He still feels uneasy inside,As if something big is going to happen。
“just in case,Everyone, please stay here for a while,After all, that person is not a fool,He won’t come to me for nothing,Then leave without doing anything。”
“President,You worry too much,But this is also true,Then let’s stay a little longer!”
“But what about several clubs?,If the other party uses this time to invest,Isn’t it that the loss is not small?”
Someone made this hypothesis。
For this,In fact, President Liu has already given up those branches。

Zhongshun Jierou (002511) Company Review Report: Second-Quarter Performance Exceeds Expected Gross Margin Increase Trend Continues

Zhongshun Jierou (002511) Company Review Report: Second-Quarter Performance Exceeds Expected Gross Margin Increase Trend Continues

Event: The company recently disclosed its semi-annual report for 2019 and achieved operating income of 31 in the first half of the year.

7.2 billion, an annual increase of 22.

67%; net profit attributable to mothers2.

75 trillion US dollars, an annual increase of 37.

59%; net profit after deduction is increased by 41.

95%.

Key points of investment: The downward dividend of pulp price appears, and the gross profit margin soared in the second quarter.

The price of wood pulp has continued to decline since the third quarter of last year, coupled with the high stock of pulp in the port for half a year and six months, and small purchases by downstream paper mills have put pressure on the volume of imported wood pulp. In July and August, pulp prices remained sluggish.

For the company, the cost of pulp in the second quarter decreased compared with the same period of the previous year, and Q2 gross profit margin was as high as 39.

23%, an increase of 4.
.

85 averages, net margin reached 9.

28%, so Q2 achieved a net profit of 1 quarter.

5.1 billion yuan, an increase of 49.

66%, exceeding market expectations.

In the end, overall, the pulp price of the outer disk is still low, and the company’s pulp cost in the third quarter will continue, and the trend of high gross profit is expected to continue.

The structural adjustment focused on high-end, and the new product “dolemi” landed.

In the first half of 2019, the company continued to optimize the product structure, increase the proportion of high-end, high-margin products and non-rolled paper categories, continue to deepen the comprehensive distribution of emulsion products, and improve the performance of key products such as facials, emulsions, and natural wood in various channels.Occupation rate, of which the mother-to-child channel and new retail channel officially launched in the first quarter, the products are mainly high-end lotions and cotton soft towels.

The increase in the proportion of high-end products has increased the 佛山桑拿网 company’s gross profit level, and the increase in performance has promoted a major boost.

The personal care product dolemi was officially launched online in mid-June, further enhancing the brand’s influence and competitiveness.

Build bamboo pulp and paper integration to reduce the impact of cost-side transition.

In 2019, the company’s maximum production capacity is expected to reach 83 tons, and the proportion of pulp cost in the company’s production cost is about 40% to 60%. Therefore, the company faces the risk of large changes in pulp prices.

To cope with cost risks, the company intends to invest in the construction of a 30-bamboo pulp-paper integration project to achieve an integrated production model of bamboo-pulp-paper, reduce intermediate exchanges, broaden the company’s profit margins, and achieve healthy 杭州桑拿 and sustainable development.

“Maintain Recommended Level.”

We expect the company’s EPS to be 0 from 2019 to 2021.

43 yuan, 0.

53 yuan and 0.

65 yuan, corresponding to the current sustainable PE is 30 times, 25 times and 20 times.

Risk reminder: the risk of rising raw material prices, the risk of new product expansion less than expected

US Secretary of State Pompeo to visit 8 countries in the Middle East including UAE, Egypt

US Secretary of State Pompeo to visit 8 countries in the Middle East including UAE, Egypt
Xinhua News Agency, Washington, January 4th (Reporter Liu Pinran and Liu Chen) The US State Department said on the 4th that Secretary of State Pompeo will visit 8 countries in the Middle East starting from 8th this month and will promise regional allies that the United States will not withdraw from the Middle East and work togetherIran threatens.  A statement issued by the State Council on the 4th said that Pompeo will visit Jordan, Egypt, Bahrain, the UAE, Qatar, Saudi Arabia, Oman and Kuwait from 8 to 15 this month.  The statement said that Pompeo will discuss with Syrian and Yemeni leaders about the situation in Syria, Yemen, combat terrorism, and respond to Iranian threats. He will also speak in Cairo on US Middle East policy.  At the antique State Department briefing that day, a State Department official stated that Pompeo will focus on promising regional allies that the United States will continue to exist in the Middle East and will work with regional allies to jointly respond to the Iranian threat.  Another federal official said that there is no clear timetable for the withdrawal of U.S. troops from Syria. The withdrawal will be completed in coordination with allies, and the United States opposes the recent gradual strengthening of political and diplomatic relations between Syria and Syria.Political isolation and pressure.  Since the US President came into power, the United States has continued to adopt a high-pressure policy against Iran.Last May, the United States was expected to announce its withdrawal from the comprehensive Iranian nuclear issue agreement reached between Iran and the six Iranian nuclear issues in 2015 and restart sanctions on Iran.  The White House said on December 19 last year that the United 厦门夜网 States had decided to withdraw its troops from Syria by achieving results in the fight against the extremist group Islamic State in Syria.The decision sparked some controversy within the United States and among US allies. Original Title: US Secretary of State Pompeo to Visit 8 Middle East Countries

Sanan Optoelectronics (600703): The turning point has arrived

Sanan Optoelectronics (600703): The turning point has arrived

Sanan Optoelectronics released the 2019 performance forecast company expects that the net profit attributable to the audit in 2019 will gradually decrease.

73.6 billion to 15.

566 million, a year-on-year decrease of 45% to 55%, which corresponds to the net profit attributable to mothers in 201912.

73.4 billion to 15.

56.4 billion.

It is expected that the non-profit profit after tax deduction for 2019 will decrease by 13.

48.8 billion to 15.

736 ppm, a 合肥夜网 year-on-year decrease of 60% to 70%, which corresponds to a net profit after deduction of 6 in 2019.

744 to 8.

99.2 billion.

  The performance in 2019 and the fourth quarter is in line with expectations. The median net profit attributable to mothers in 2019 is 14.

1.5 billion, the median net profit after deduction is 7.

870,000 yuan, 19Q4 corresponds to net profit attributable to mother 2.

63 ppm, an increase of 10 in ten years.

97%, down 2 from the previous month.

2%, corresponding to the net profit after deduction of 0.

98 trillion, down 34 a year.

3%, down 52 from the previous month.

9%.

Overall, the performance of 2019 and 19Q4 is in line with expectations.

  In the first three quarters of 2019, the decline in the price of LED chip products has continued to expand, and as a result, the cost of the 武汉夜网论坛 company has fallen slightly below the decline in product prices, and the gross profit margin has gradually improved, leading to a decline in operating performance.

In the first three quarters, the sales scale of Sanan Integration was relatively small, which affected the continuous performance to a certain extent.

  After entering 19Q4, through the improvement of the industry’s production capacity supply and the recovery of the demand side, the price of LED products has gradually stabilized and is expected to gradually meet the upward price cycle; the gradual release of Sanan’s integrated production capacity is expected to grow rapidly and synchronously, and the scale effect continuesIt will also be expected to gradually improve performance.

  We believe that driven by three factors, including the revival of the LED industry, the penetration of Mini LED applications, and the continuous release of Sanan’s integrated production capacity, the company’s mid- and long-term investment value has become apparent.

  Investment Ratings and Estimates We forecast the company’s revenue to be 72 in 2019-2021.

23, 91.

57, 109.

09 million yuan, net profit attributable to mother is 14.

15, 23.

11, 32.

100,000 yuan, the corresponding growth rate is -50%, 63%, 39%, EPS is 0.

35, 0.

57, 0.

79 yuan, corresponding PE is 57X, 35X, 25X. Considering the Mini LED industry application trend and San’an Integration gives the company a long-term growth space for domestic substitution, it gives a 42X PE valuation in 2020, corresponding to a reasonable price of 23.

92 yuan, giving the company a “strong recommendation” rating.

  Risks suggest that the recovery of the industry’s prosperity is below expectations, the progress of Mini LED application penetration is below expectations, and Sanan ‘s integrated capacity release is below expectations.

Jianghai Securities: Demand for manufacturing PMI returns to boom range continues to improve

Jianghai Securities: Demand for manufacturing PMI returns to boom range continues to improve

-Jianghai Securities Asset Management Department ‘s March PMI data review 20190331 Quqing Bond Forum I. March ‘s official PMI data review: Manufacturing PMI returns to the economic range, and demand continues to improve March ‘s official PMI data released by the Statistics Bureau on Sunday morningThe manufacturing PMI is 50.

5%, higher than the previous value and the expected 49.

6%, the non-manufacturing PMI is 54.

8%, higher than the previous value and the expected 54.

4%, the comprehensive PMI is 54%, which is higher than the previous value of 52.

4%.

To be specific: The manufacturing PMI has returned to the economic range, and 厦门夜网 SMEs have improved significantly.

After the Spring Festival, the production of manufacturing enterprises gradually recovered, and the manufacturing PMI rose to 50 in March.

5%, an increase of 1 from last month.

3 averages, return to the extended range after falling below the critical point for 3 consecutive months.

In terms of enterprise size, the PMI of large enterprises is 51.

1%, a decrease of 0 from the previous month.

4 digits, while the PMI for small and medium businesses is 49.

9% and 49.

3%, up 3 from last month.

0 of 4.

0 single, democratic governments have continuously issued policies to increase support for SMEs. At present, the effect is expected to be gradually realized. It will be gradually reduced from April, and the benefits to manufacturing enterprises will be further increased.

  Both the production index and the new orders index rose to a six-month high, and supply and demand continued to pick up.

The March production index rose to a six-month high of 52.

7%, up 3 from last month.

The two averages are mainly the resumption of production restructuring of enterprises after the Spring Festival, but this year’s recovery rate is higher than the same period last year.

4 averages.

March new orders index was 51.

6%, an increase of 1 from the previous month.

Zero averages, which have continued to rise since returning to the economic range in February, indicating that demand continues to improve.

The expected index of production and operation activities was 56.

8%, an increase of 0 from last month.

At six levels, production is expected to continue to improve.

In general, after the disappearance of the Spring Festival factors and the recovery of the weather, corporate production has gradually resumed. At the same time, with the continuous promotion of steady growth policies, supply and demand divided by the recovery.

  The price index rose, and corporate purchasing intentions strengthened.

Driven by rising prices of means of production in the circulation sector, the purchase price index and ex-factory price index of major raw materials rose to 53 in March.

5% and 51.

4%, higher than last month 1.

6 and 2.

9 digits, 5 months high each year.

Among them, the average value of the price index of the two industries including petroleum processing, ferrous metal smelting and rolling processing is 56.

Higher range above 0%.

The purchasing volume index for March rose by 2.9 perfect to 51.

2%, return to the expansion range, through the additional recovery of supply and demand, enterprises to expand procurement efforts.

The raw material and finished product inventory indexes were 48 in March.

4% and 47%, up 2 from the previous month.

1 and 0.

The replenishment rate of raw materials inventory for six units is significantly faster than that of finished products, reflecting the strong demand in the market, and the expected growth of the economy in the future, increasing the replenishment rate.

The new export order index and import index were 47.

1% and 48.

7%, a month-on-month increase of 1.

9 and 3.

Nine single ones are still below the critical point. With the global economic growth improving, the impetus for import and export is still insufficient.

  In terms of non-manufacturing, the non-manufacturing PMI index was 54 in March.

8%, an increase of 0 from last month.

Five averages, the highest since the fourth quarter of last year, higher than the same period last year.

The non-manufacturing new orders index was 52.

5%, an increase of 1 from last month.

8 digits, a new high since the second half of 2014.

By industry: the service industry is stable.

The service industry business activity index for March was 53.

6%, a slight increase of 0 from last month.

1 average.

With the acceleration of manufacturing production activities, the business activity index of the productive services industry retreated for the third consecutive month and recovered to 57.

8%, higher than last month 4.

8 averages.

From the perspective of the industry, the business activity index of railway transportation, loading and unloading and warehousing, Internet software, and finance is 57.

In the high economic range above 0%, business has grown significantly and business activities have been active.

From the perspective of market demand, the new order index for the service industry was 51.

5%, up 1 from last month.

0 average, located in the extended range for three consecutive months.

  The construction industry is returning to a high economic range.

The construction industry business activity index was 61.

7%, up 2 from last month.

5 averages.

The employment of enterprises has increased this month, with the employment index at 54.

1%, an increase of 0 from last month.

Nine single ones indicate that the construction of production in the construction industry is accelerating through the start of climate change and warming after the festival.

From the perspective of market demand, the new order index is 57.

9%, up 5 from last month.

9 percentage points, a 15-month high, the use of infrastructure construction projects to accelerate the development of the industry is expected to continue to improve. In general, the PMI returned to the economic range in March, although there are certain scale factors, but the recovery rate is slightly higherIn the same period last year, in the case of a marked rebound in the production index, raw material inventories also rebounded significantly, and the rate of replenishment was faster than that of finished products, reflecting strong downstream demand., Hitting a new high since the second half of 2014, of which the new order index for the construction industry hit a new 15-month high, reflecting the gradual development of infrastructure and driving related demand to pick up.

In the future, with the gradual and steady growth of the policy, the probability of economic 杭州桑拿网 recovery will increase, and the potential pressure on the bond market will not be ignored.