5G burns money beyond expectations, Nokia loans 4 billion, and Huawei Ericsson loses competition

5G burns money beyond expectations, Nokia loans 4 billion, and Huawei Ericsson loses competition
On March 9, Nokia disclosed that it obtained a loan of 500 million euros (about 4 billion yuan) to develop 5G.Earlier, while announcing profit growth in the fourth quarter, Nokia warned the outside world that market demand would remain stable and that competition involving 5G transactions would become more intense in the coming year.Faced with competition from China’s Huawei Technologies Co., Ltd. (hereinafter referred to as “Huawei”) and Sweden’s Ericsson, Nokia also hopes to gain control of the 5G technology market, but so far, the company’s situation has been ups and downs.In the Chinese market, demand changes in 2020 are not obvious, and the delay in the merger of T-Mobile and Sprint in the North American market has led to uncertainty, and after a court in India ruled that mobile network operators must pay retroactive licenses and spectrum fees,Leading to weaker market demand.Nokia changes coaches, former CEO bets on US market failure?As of last month, Huawei announced that it had obtained 91 5G commercial contracts, while Ericsson and Nokia had 81 and 68 contracts respectively.Nokia is at a disadvantage in its competition with Huawei and Ericsson.Earlier on March 3, Nokia appointed PekkaLundmark as the new president and chief executive officer, while RajeevSuri, who has worked for Nokia for 25 years, announced his resignation after holding this position for many years.RajeevSuri ‘s biggest bet during his tenure was that in 2016, he acquired his peer Alcatel-Lucent for 17 billion US dollars (about 118 billion yuan), which was formed in 2006 by the merger of Alcatel-based France and Lucent-based United States.The chip is the integration of mobile broadband and Wi-Fi technology, but this is still inconclusive.Facing Huawei’s competition, William Barr, the US Attorney General and former Verizon executive, hinted in February that the United States would hold a controlling stake in Nokia or Ericsson.However, this proposal was quickly rejected by the White House in the United States, and Cisco CEO Chuck Robbins also publicly stated that it will not acquire Nokia and Ericsson, and said that infrastructure construction does not meet its financial status or strategy.It is worth noting that Lucent Technologies Co., Ltd. is a telecommunications equipment company established after the spin-off from At & t in the United States in 1996.In this regard, an industry analyst told Sauna and Yeewang that the United States lacks a communications equipment vendor to help it promote the development of the entire market, especially the millimeter wave landing in the United States is not as good as expected, and the commercial value is not reflected.So fast.There is a view that Nokia’s sky-high acquisition of Alcatel-Lucent has affected its investment and attention in 5G.Nokia sales fell 1% in 2019 to 14.900 million euros (about 16.$ 900 million).Public information shows that Pekka Lundmark, Nokia’s upcoming CEO, held various management positions at Nokia from 1990 to 2000, but he is currently the president and CEO of Fortum, which is also headquartered.State-owned energy company in Espoo, Finland.Nokia’s official website introduced him, “It has brought considerable returns to Fu Teng’s shareholders, successfully reformed the company’s strategy, and positioned it as a transforming global energy powerhouse.”Although time may benefit Nokia ‘s investment, as the new boss, the first thing PekkaLundmark has to do is evaluate and find out the problem.The above-mentioned industry analysts said that Pekka Lundmark, as a key man, does not rule out the reorganization of assets after entering Nokia, which is usually a step before the sale of assets.The demand for 5G networks is not as big as imagined. Although industry experts are optimistic about the increasing demand for the 5G market, it is not a good thing for the financial situation of communication equipment manufacturers.From the current perspective, the demand for 5G networks is not as huge as imagined.Borje Ekholm, CEO of Ericsson, once made such a judgment that it needs to face the loss of short-term profits in exchange for more strategic contracts.The price of Ericsson ‘s equipment is lower than that of Nokia, which is part of the reason why Nokia directly lowered its profit forecast and canceled its dividend.The two European equipment manufacturers are tightly engaged.Huawei ‘s rotating chairman Xu Zhijun also proposed that its sales in 2019 will increase by 18% year-on-year, suggesting that it is actually slightly lower than the forecast at the beginning of the year, and pointed out that the growth rate in 2020 will be lower than in the first half of 2019.It is becoming more complicated and the downward pressure on the world economy is increasing. ”At the same time, the company launched a plan to streamline talents, and 10% of the supervisors will be eliminated.For the next market expansion, many interviewed analysts said they were not optimistic about the changes in the pattern.Cui Kai, an analyst of the third-party IDC communications industry, told Sauna and Yewang that the pattern in China, North America and Europe is relatively fixed. The three major equipment vendors have the opportunity to fully compete, and only the remaining countries in the Middle East and Asia-Pacific markets.On March 6, China Mobile released the announcement of the centralized procurement of 5G Phase II wireless network main equipment in 2020. The bid winners were controlled at 2 to 4, and the corresponding shares were divided, up to 50% to 60%.The second is 20% to 30%, that is to say, the remaining cake is only 10% to 30%.In addition to the three major equipment vendors, ZTE is also considered to have a corresponding share, which makes the competition between Ericsson and Nokia more intense.Ericsson has taken the lead.In order to offset the weakness in the North American market due to the obstruction of the merger of the two major telecom operators, it will increase its dividend and believe that telecom operators in Asia and the Middle East will continue to invest in 5G.However, for the three major communication equipment vendors, the common key word is to overcome difficulties.Xu Zhijun said that 2020 will be a difficult year for Huawei, and it will continue to be under the “entity list”; Ericsson needs to solve the painful transformation since the beginning of 2014, and needs to eliminate the series of impacts brought by the early judicial proceedings;Under the turmoil, it was announced to replace the CEO, and the chairman of the board of directors will be changed later.Cui Kai told the sauna and night network that for communication equipment vendors, participating in the construction of 5G networks requires a more powerful and comprehensive ability to provide end-to-end solutions, which requires them to support not only wireless but also fixed networks.The entire company’s product portfolio should be very comprehensive, and as telecom operators focus on energy consumption, the corresponding technology needs to be upgraded.The impact of the new coronavirus epidemic on the first quarter has not yet affected IDC’s expectations for the full-year market.Another reason is cautious investment in downstream telecommunications operations.The eMBB (enhanced mobile broadband) that has been clearly defined can be fully supported using the existing architecture, but for the mMTC (Great Connected Internet of Things) and unmanned driving that are commonly concerned by 5G networks, URLLC (ultra high reliability and ultra low time) required by industrial automationExtended communication) still need to be discussed and determined.Even if the equipment is not replaced, the software needs to be upgraded, and the change leads to caution, and after the industry chain shifts upward, the sales of communication equipment vendors will also slow down.Sauna, Night Net Editor Liang Chen Xu Chao proofreading Li Xiangling

[How to deal with the practice of the river mussel]_Recommended diet

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[Is the hot and sour powder instant high]_Sour and hot powder_Calorie_Nutrition

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Longjing Environmental Protection (600388): The non-electricity business is unique and the big environmental protection platform is taking shape

Longjing Environmental Protection (600388): The non-electricity business is unique and the big environmental protection platform is taking shape
Pioneered the “fume gas environmental protection island” model. The predecessor company of the national atmospheric control company was Longyan Radio Factory, which was established by the overall restructuring of Fujian Longjing Enterprise Group Co., Ltd., and went public in December 2000.The company has deeply cultivated the field of atmospheric governance for many years, expanding from traditional power plant desulfurization and denitrification to non-electricity and non-gas fields, creating a large environmental protection platform, and committed to becoming a comprehensive service provider for environmental governance. After years of deep cultivation, since the establishment of the leading enterprise of electric desulfurization and denitrification, the company has deeply cultivated the field of atmospheric control, and has been in the leading position in the power and atmospheric control sector.In 2北京夜网018, the newly commissioned power desulfurization and out-of-stock units accounted for 23 respectively.47%, 10.50%.Since the peak period of the power desulfurization and destocking market has passed, the company has made strategic adjustments, focusing on expanding from power desulfurization and denitrification to non-electricity and non-gas fields. The non-electricity business is unique and opens up new growth space. The company has obvious technical advantages in the non-electricity field, rich customer resources, business covers industrial wastewater treatment, VOCs treatment, flue gas bleaching, glass furnaces, etc.The company successfully won the bid for ultra-low-emissions transformation orders from key steel-making enterprises such as Shougang Jingtang, Tanggang Group, and China Railway Equipment.As of the end of 2018, the company’s newly signed contract for non-electric coal-fired flue gas desulfurization projects handled 8621 flue gas.33Nm3 / h.As of the first half of 19 years, the company has 103 non-power orders in hand.1.1 billion, with too many projects in hand, non-electricity will become the main source of performance growth. Many points in the non-gas field blossom, creating a large environmental protection platform. Faced with the shrinking of the traditional coal power market, the company actively expands its business in the non-gas field.In January 2018 and June 2019, it successively acquired Fujian New World Environmental Protection and Dechang Environmental Protection, entered water pollution management, solid waste management, soil remediation, garbage incineration and other environmental protection fields, and created a large platform for environmental protection.New VOCS contract signed in 20181.3.7 billion, soil remediation contract 0.1.7 billion, pipe belt transportation contract3.40,000 yuan, industrial wastewater treatment contract1.81 trillion, non-gas business has begun to take shape. Risk warning: the project construction progress exceeds expectations; increased investment leads to tight cash flow. Investment suggestion: Maintain “overweight” rating and reasonably estimate 11.88-12.The 87 yuan company has obvious technical advantages in the non-electricity field, high customer recognition, and excessive orders; the non-gas field has completed its preliminary layout, and the big environmental protection platform strategy has gradually been implemented.The company’s EPS for 2019-2021 is expected to be 0.85, 0.99, 1.09 yuan, earnings forecasts remain unchanged, corresponding estimates are 11/9/8 times.We maintain our Air Force forecast and consider the company’s one-year stock to have a fair value of 11.88-12.87 yuan, relative to the current sustainable growth of 29% -39%, maintaining the “overweight” level.

Great Wall Motor (601633) dynamic comment: Sales are flat compared to the high-end pickup Great Wall gun continues to climb

Great Wall Motor (601633) dynamic comment: Sales are flat compared to the high-end pickup Great Wall gun continues to climb
Company dynamics The company released production and sales data for November 2019, and November sales 11.520,000 vehicles, down 13 each year.08%, an increase of 0 from the previous month.15%, cumulative sales from January to November of 95.430,000 vehicles, an increase of 3 over the years.81%. Matter comments November sales were flat month-on-month, Haval’s main model sales were stable, and the company’s total car sales were flat month-on-month in November. Haval brand sales were November.340,000 vehicles, a slight decrease of 3 from the previous quarter.53%, sales of the main models Haval H6, Haval M6 and Haval F7 were 4 respectively.170,000 vehicles, 1.590,000 vehicles, 1.400,000 vehicles, +2 chain.59%, +4.46%, -6.67%, WEY brand total sales 1.50,000 vehicles, +0 chain.83%, pure electric brand Euler sold a total of 2252 units, +16 chain.60%, sales performance is generally stable. New high-end pickup truck Great Wall gun series continues to climb Since September, the company’s high-end pickup Great Wall gun series passenger cars and commercial vehicles have been listed one after another. In November, sales climbed to 6,259 vehicles, an increase of 24 from the previous month.68%, Fengjun sold 1 in November.280,000 vehicles, an increase of 16 from the previous month.85%.According to the company’s plan, the Great Wall Artillery will be listed overseas in 2020, which will further consolidate the company’s leading position in the pickup truck field and help the company develop overseas markets. Liang automobile project was approved, Mini localization steadily promoted the company and BMW to set up a joint venture with Liang Automobile Co., Ltd. The Liang automobile production base project is located in Zhangjiagang City.The development of the car is planned to start in 2020 and be completed in 2022.Recent projects have been approved, and the domesticization of BMW’s mini pure electric vehicles has progressed steadily. The investment proposal estimates that the company’s net profit attributable to shareholders of the parent company from 2019 to 2021 will be 44.7.1 billion, 52.01 billion, 63.6.7 billion, the corresponding EPS is 0.49 yuan, 0.57 yuan, 0.70 yuan, PE is 18 times, 16 times, 13 times, maintaining the “overweight” level. Risks indicate that car sales are less than expected risks; industry policies are less than expected 北京夜网 risks.

Several Chinese herbal medicines that are not medicinal in winter

锘?

Several Chinese herbal medicines that are not medicinal in winter

What are the Chinese herbal medicines suitable for winter health?

Due to the cold weather in winter, for hobby health friends, it is necessary to choose different Chinese herbal medicines to maintain health.

It is understood that winter health eucommia, Codonopsis, American ginseng, Cordyceps and other Chinese herbal medicines are the best choice.

Let’s take a look at Chinese herbal medicines suitable for winter health!

銆€銆€The Chinese medicinal materials suitable for winter health are as follows: 1. The therapeutic effect of Eucommia: Eucommia is mainly produced in Sichuan.

The function is to supplement the liver and kidney, strengthen the bones and strengthen the fetus.

It can be taken by men, women and children, especially those with weak waist and knees, and has a good therapeutic effect.

銆€銆€Usage: soak in water, sparkling wine, stewed meat.

銆€銆€Second, the role of Codonopsis in the treatment: Codonopsis has Bu Zhongyi Qi, nourishing blood and soothe the nerves.

Those with weak spleen and stomach have better results with taking Codonopsis.

The ancients had a very good summary of the Codonopsis: spleen and not dry, lungs without cold, stomach and not cold, nourishing blood and not dry.

It nourishes and nourishes the blood.

銆€銆€Usage: Cut the Codonopsis into small pieces and make soup.

Stewed lamb with codonopsis is also very good.

Pruning Codonopsis can be placed in a bottle for making wine.

銆€銆€Third, the role of American Ginseng: American ginseng is also known as American ginseng, which is mainly produced in the United States, Green State, Canada, France.

Western participation in other ginseng is different. It has both qi and yin effects and will not get angry after taking it.

Especially for middle-aged people, eating two or three tablets a day is very likely for the body.

銆€銆€Usage: soak in water, stew, directly served.

銆€銆€Fourth, the treatment of antler: velvet antler is divided into sika antler and red deer antler, the origin is Shuangyang County, Jilin Province, it has the effect of warming kidney and strengthening yang, replenishing blood and ensuring fetus.

It can treat the coldness of the limbs caused by yang deficiency, dizziness of the head, weakness and weakness of the waist and knees.

It has a better therapeutic effect on kidney yang deficiency.

銆€銆€To use: soak in water, soak in wine, stew or take it directly.

銆€銆€Fifth, the therapeutic effect of Cordyceps: Cordyceps is a fungal plant, mainly produced in Yunnan, Gansu, Sichuan, Qinghai, Tibet, five provinces, forty-six counties.

Its function is to replenish lung and kidney, relieve cough and phlegm and stop bleeding.

Such as bronchitis in the elderly, lung qi deficiency, kidney qi deficiency caused by the imbalance of the body’s internal organs, the effect is more significant.

At the same time it also has the effect of lowering blood fat.

銆€銆€To use: Sparkling wine to drink without taste.

銆€銆€Six, the treatment of jaundice: yellow, color yellow; 缂? long also.

It is an ancient Chinese medicine.

Origin of Inner Mongolia, Shanxi.

The main therapeutic effects of Astragalus membranaceus are four functions: Buzhong Yiqi, solid table antiperspirant, toxic detoxification, and diuresis.

In order to treat the lack of gas, such as the stomach has a sense of falling, the upper air is not taken out and other symptoms are better.

First of all, it can strengthen the spleen and stomach, so it has the effect of appetizing and eating.

銆€銆€Usage: soak in water, soak in wine.

銆€銆€Seven, the role of Angelica treatment: mainly produced in Ganyu County, Gansu, Shaanxi Qinling.

It is divided into Angelica Head, Tail, and All Angelica.

“Head” stops bleeding and goes up; “body” nourishes the blood and keeps it; “tail” breaks the blood and does not flow, “all” does not move.Blood deficiency causes headaches to use angelica head; body weakness can be used as a corpse; muscle and bone pain, numbness of hands and feet can be used as the tail.

銆€銆€Usage: soak in water, sparkling wine, stewed meat.

Experts explain the taboos of summer naked sleep

锘?

Experts explain the taboos of summer naked sleep

“I only wear Chanel No. 5 perfume when I sleep.

Marilyn Monroe makes naked sleep synonymous with sex, but in reality, more naked sleepers are still for convenience and heat dissipation.

銆€銆€鈥滃浜庢櫘閫氫汉鏉ヨ锛屽瀛h8鐫★紝鎴戜滑鐨勬€佸害鏄€樹笉鎻愬€★紝涓嶅弽瀵光€欙紝瀹冪殑纭湁寰堝濂藉锛氭洿鍒╀簬鐨偆鎺掓硠銆佽浜鸿韩蹇冨交搴曟斁鏉俱€佺啛鐫$▼搴︽洿楂樷€︹€︿絾涓庢鍚屾椂It is also easy to cause back pain, infected insects, catch cold, especially qi deficiency and boys and girls, it is best not to sleep naked.

Professor Zhang Shijun, from the First Affiliated Hospital of Sun Yat-sen University, said this.

In addition, “naked sleep + mat + air conditioning” this three-pronged extreme cool “mix and match” mode, no matter how good the body bones can not look down on this two-three-month so cold into the muscle.

銆€銆€姘旇櫄闃宠櫄鑰呰8鐫¤捣搴婂悗澶存檿鐪艰姳銆€銆€鈥滆倽鐏椇鐩涜€呰8鐫$殑纭彲鑳芥劅瑙夊緢鈥樿垝鐖解€欙紝鑰屾皵铏氶槼铏氳€呭垯鍒氬ソ鐩稿弽锛屾斁鍦ㄥ埆浜鸿韩涓婄殑鍋ュ悍瑁哥潯琛屼负锛岃嚜宸辨晥浠垮氨甯︽潵浜咮asically not: sneezing, low back pain, joint pain, headache.” He introduced that people’s physique is far from the same, and for qi deficiency, bare sleep is easier to do in the summer night unconsciously.”, which causes many symptoms and diseases.

銆€銆€How can I easily judge the qi deficiency?

If the self-examination finds that there are physical weakness, pale complexion, shortness of breath, weakness of limbs, dizziness, sweating, and low voice, it is likely to belong to the qi deficiency group, then it is best not to blindly follow the trend and choose naked.sleep.
銆€銆€”If you are conscious of the liver fire every day, 鈥榟ot air’, the body is strong, often thirsty, the skin is chapped, the tongue is sore, similar to the crowd is more suitable for naked sleep, they can resist the wind and evil, but also the pursuit of heat.

“He says.

銆€銆€Professor Zhang Shijun said a very simple truth: If the naked sleep is full of energy, the quality of sleep is good, and the human body has no discomfort, it can be regarded as a suitable group for naked sleep; otherwise, it should stop naked sleep.

銆€銆€Boys and girls are better not to sleep naked. If you are still in puberty, no matter boys or girls, it is best not to sleep naked.

“The organs that are developing at this time are still very fragile. If they are infected at a young age, there will be no small impact on the normal development of the reproductive system.

Experts said.

銆€銆€For adolescent girls, the first few years of the first menstrual period may not enter the normal “orbital” period, menstrual time is irregular, may wake up, and have been replaced by sputum.

At this stage, if you sleep naked, your body is unobstructed, and the unclean germs on the quilt sheets are taken in, it is easy for vaginitis to come to the door.

Therefore, for young girls, learning the knowledge of menstrual care, try to avoid naked sleep, wash the bedding, wear cotton breathable underwear, are responsible for their own health.

銆€銆€Although young men do not have the troubles of menstruation, they have to face another major destruction: the developing genitals are very fragile, and they are equally susceptible to infection or bad stimulation.

“The young man is in the developmental stage, the young body is very easy to ‘react’, and the organ is directly rubbed when it is sleeping, and it will cause pleasure when it is not careful. It will be unfavorable to the normal development of the genitalia for a long time.
鈥?
Experts said.

銆€銆€Therefore, it is recommended that boys should also avoid naked sleep, at most half naked to sleep, and do not wear too tight underwear, the sheets should be replaced regularly.

銆€銆€Naked sleep to be covered, air-conditioned, do not sleep, sleep naked, sleep on the mat, blow air conditioning, how a cool word!

But experts shook their heads about this “mashup” model.

“When you sleep naked, you should also overlap a little thin quilt or a towel blanket in the dark, on the stomach, to keep the cold cold; open the air conditioner has already lowered the temperature, no need to sleep again, otherwise it is too cold, the human bodyIt may not be enough, leading to leading diarrhea and diarrhea that are common in the clinic.

Professor Zhang Shijun said.