Castrol releases the largest innovation experiment in public offering announcement

Castrol releases the largest “innovation experiment” in public offering announcement

Source: WikiFortune On August 27, Castrol and He released a liquidation announcement, the largest attempt of public offering officially closed.

Five years ago in September, the appearance of Castrol Yuanhe not only caused discussions among public offering peers, but also attracted investors to scramble to buy. Now the closing of the event has once again caused heated discussions.

What happened to each of the biggest explorations in this public offering?

  01 From a different perspective, most of the time, the rate of return is the sole criterion for investors to evaluate products.

  In September 2014, in the context of the previous downturn in the stock market, Jiashiyuanhe became a good product, not only sought after by retail investors, but also snapped up by institutions, eventually selling more than one day and placing.

  The “dissatisfaction” of investors is due to the actual rate of return that they ultimately have.

According to the winding-up announcement, Castrol and the liquidation price are 1 per share.

005 yuan (including cash bonus on August 13, 2019 0.

02578 yuan, it is 1.

0313 yuan), the reference net variable 1 of Castrol before the suspension.

15 yuan.

At the suspension price 0.

The arbitrageur who bought at 993 yuan was a little disappointed because the returns exceeded expectations (according to 1.

15 yuan net worth liquidation arbitrage gains); investors who have always held that the “gradual return is not high” for 5 years, accounting for Jiashiyuan and previous dividends, the cumulative return of the initial investor exceeds 17%.

These “dissatisfaction” is because the actual income exceeds the expected income.

In reality, investors always have the most optimistic prospects and expect the best returns, but the nature of expected returns is the uncertainty of returns, and investment managers cannot pack votes for investors.

Over the past five years, we have experienced a variety of financial products.

Public offerings have funds with a return of 200% and funds with more than 50%; the new third board products that have risen so much that most investors will not eventually get back the principal; fixed high-yield P2P, a runaway wave; Bonds that were once considered rigidly redeemed because thunderstorms also plunged.
.....Think about it?

After 5 years of complete walking down, Castrol and this innovation fund, although exceeding expectations, generally met the basic appeal of profitable investment.

  02Whoever is responsible for the return rate of the heart, we will look back and find out that, around Castrol and the fund, the participation of various identities intersects together, resulting in a post-collision story.

  Castrol Fund, as the manager of Castrol Yuanhe, re-understands the characteristics of the product (half of the investment in Sinopec’s sales company and half of the investment in bonds), constantly strives to manage the product, and strives to obtain a stable return on the investment portion of the bond.
Sinopec Sales Company, as the invested party, plans to list overseas in three years based on the preliminary announced progress.

Investors, based on the high-yield expectation that a Sinopec sales company may bring, and indirectly hold the unlisted equity of a Sinopec sales company by buying Castrol and products. Investors have their own optimistic expectations and should be clear and unclear.Certainty.

In the end, Sinopec’s sales company was finally listed on schedule. This is not something Sinopec’s sales company can decide, let alone the Harvest Fund and investors.

  Castrol and five-year period, is it going to stay?

  Five years ago, together with other institutions involved in the mixed reform, Castrol and the fund started with 2.

16 times PB won the equity of Sinopec Sales Company. On August 28, 5 years later, Hong Kong stock PetroChina only had 0 PB.

66 times, A shares Sinopec’s PB is only 0.

83 times.

Starting from the interests of investors, choosing a safe way to exit may be the first choice for most professional investors.

After all, the most important thing is to be safe.

  03 Public Offering Needs Innovation To a certain extent, Castrol and the fund are investor education with controllable risks.

The risk is controllable because it does not bring actual returns to investors, but has certain returns; investor education is because of the most optimistic expectations, and it will not necessarily develop in the expected path in the end. Investors must acceptInvestment uncertainty and risk prevention.

  In addition, I also want to talk about the impression that public fundraising still needs the spirit of innovation.

Back to Castrol Yuanhe again, in the context of the poor performance of the stock market at that time, Castrol Fund saw mixed reform opportunities in a specific history, and did its best, through the form of public offerings, so ordinary investors can also participate,This is a very favorable attempt to raise funds.

For now, public offerings are mainly 北京养生会所 concentrated in stock investments and fixed income investments.

  Scale. During the development of public funds, innovative varieties are needed to meet the needs of investors. At the same time, new paths are explored for the development of the public fund industry. The latest example is the approval of the first batch of commodity futures ETF funds.New subdivision directions.
At the same time, given specific social progress, there will be different event investment opportunities.
Public fundraising, as a tool to help ordinary people to manage their finances, can not only promote social development, but also help ordinary people enjoy the benefits of social development. The connection between them is innovation.

We look forward to more public offerings of innovations that are in line with the specific circumstances of 西安耍耍网 society.

Children with hepatitis B will have some performance

Children with hepatitis B will have some performance

It is known that the incidence of hepatitis B is relatively wide, and in a few cases where there is never a shortage of children with hepatitis B.

So if children get hepatitis B, what will they do?

This is the knowledge that parents need to pay attention to. Once the knowledge of children’s hepatitis B symptoms is mastered, the disease can be detected early.

  After a child has hepatitis B, his personality may change.

For example, a child who was jumping around and couldn’t rest for a moment suddenly became weak and showed tiredness without activity, or the child’s spirit became worse, he didn’t like to play, and often wanted to sleep.

  The diet of children with hepatitis B also changes, and manifests as indigestion.

When eating, do not want to eat meat, do not want to see oily complications; if parents put greasy substitutes or fried foods (putting fried dough sticks, fried cakes, KFC fried chicken, etc.) in front of their children, foods they love to eat laterMay be nausea and vomiting.

Suddenly, the child’s urine becomes darker in color, as dark as overnight tea; the child’s eyes and skin are yellow, which is an early sign of acute jaundice hepatitis.

  All of the above may be symptoms of hepatitis B in children, so parents should pay attention to the personality and characteristics of children. If they suddenly notice obvious changes, this is likely to be caused by hepatitis B and other diseases, and then take the child to the hospital in time.A diagnosis is needed here.

The most healthy slimming beauty food ever

The most healthy slimming beauty food ever

Supplementing a lot of lost vitamin C vegetables and meat has been recommended, let’s get some fruit.

Strawberries are delicious and nutritious.

In addition to containing multiple vitamins and minerals, the most prominent advantage of strawberries is that they are rich in vitamin C, which is about 10 times higher than watermelon, apples, and grapes.

The nutritional components of strawberries are easily digested and absorbed by the human body, and they will not get cold or get angry if you eat more.

  Nutrition highlights: Most women who lose weight are undernourished, so when you choose fruits, you must choose strawberries with the highest vitamin C content.

  Supplementary advice: Pay attention not to remove the strawberry stalk when washing the strawberry. If the stalked strawberry is soaked in water, the residual pesticide will enter the fruit with the water and cause pollution.

To wash the strawberries clean, it is best to soak them in fresh brine or rice water for 5 minutes, and then rinse them with tap water. The flowing water can prevent pesticides from penetrating into the fruit.

There are tapeworms in your baby’s belly, do you know?

There are tapeworms in your baby’s belly, do you know?

It takes about 60-70 days for humans to swallow infective roundworm eggs to develop into adults.

After the eggs enter the human body, larvae are first hatched in the small intestine. After about 2 hours, they penetrate into the intestinal wall of the human, pass through the small blood vessels to the portal vein, circulate through the blood through the body, enter the liver, heart, 4 to 5 days later.Move to the lungs.

The larvae molted in the lungs twice, passed through the microvessels into the alveoli, then passed through the trachea into the pharynx, and then swallowed. They reached the small intestine again through the stomach, settled in the small intestine, and developed into adults.

However, all the existing anthelmintic drugs can only expel adult worms, and they have no effect on larvae during the “travel” journey.

Experts tell you: deworming, you should know if there are tapeworms in your belly.

Parents can also make a rough judgment based on certain anomalies: 1.

Children often cry for stomach pain, especially around the umbilicus, which can be relieved after rubbing.

2.

Children are susceptible to waking up at night, bruising and drooling.

3.

On the face of children, the skin often has pale white, approximately round or oval patches with small grayish white scales on it, commonly known as “worm spots.”

4.

For no obvious reason, the child’s skin often reappears with “wind 疙瘩”.

5,

The child has a partial eclipse, and eats strange things such as dirt, paper, cloth, etc.

6.

Children are full and chronic, and they like to eat snacks.

If parents find that the child has the above-mentioned abnormal manifestations, they should suspect that there is a worm in the child’s belly. Go to the hospital to check for worm pebbles in the feces to confirm the diagnosis.

6 behaviors of parents hinder children’s growth

6 behaviors of parents hinder children’s growth

[Introduction]The most important thing for parents is to educate their children, but sometimes some mistakes in life may become obstacles to children’s growth. The following six things may be counterproductive. Parents must be careful

  Scenario 1 Mother is off from work. When she opens the door, she sees: Duoduo is watching TV while eating dinner, trying to play with too many toys.

Grandma followed Duoduo holding the rice bowl.

  Putting down the backpack, the mother said, “Too much, just now my mother saw the uncle of the police downstairs.

He told his mother that he was looking for a baby who didn’t eat seriously, and he was going to catch the bad baby in the police station.

Are you afraid of police uncle?

Stop obedient and put you in the police station!

“After dinner, my mother saw too much excitement and ran around in the neighborhood, sweating a lot.

Another post from the mother: “A lot, Doctor Aunt is coming to arrest you!

Come here and get dressed.

Otherwise, let you go to the hospital and get an injection!

“Review: Parents do not rely on” frightening “in their lives. Some parents borrow the authority of such special professional characters as” police “,” doctor “and” thief “to” threate “children to eat and sleep.

Maybe it works for a while, but after a long time, the children will be afraid of each other in these occupations, and they will feel insecure.

  When children are not obedient, parents can’t help but put on adults’ authority, coercion, order, and intimidation. These are not good communication methods.

Why don’t parents compose a cute little story, or follow the child’s temperament preferences to explore some more wise methods.

More patient and childlike communication with children, children will be more acceptable.

  Scene 2 Lele piled sand with her mother.

After a while, the water was raised, and the earth was piled up.

At this time, a small companion came over and wanted to borrow a shovel.

Before Lele responded, her mother said, “Lele, lend it to my brother, will you?

Le Lebei, good things for everyone to share.

Mother told you, be generous . “After a long discussion, mother gave the shovel to her companion.

What about Cola?

Turned away and walked away.

  Opinion: Don’t make your child “long face” older. Take it out to play. Of course, parents want their child to “long face” themselves.

However, Lele ‘s behavior broke through and disrupted the independent communication between children, leaving Lele an opportunity to exercise with her peers.

  Smart parents always stand behind their children.

When encountering similar problems, parents do not obstruct waiting for a while, first observe the child’s reaction. If the child is willing to lend the shovel to the other party, immediately hug the child and tell the child: “You are great!

“If the child is unwilling to borrow, you can join in at the right time to guide him to associate with his peers correctly.

  Scene 3 In the ocean ball pool, a group of children are playing.

An older brother quickly and skilfully slipped off the slide on the side and slammed into the ball pool.

At this time, the mothers chatting around came along, muttering, and took their babies out of the ball pool.

In a short time, there were only two or three older children in the ball pool.

  Opinion: Don’t use worldly prejudice to evaluate the children watching the older children “rudely” break into the ocean ball pool, and the mothers chatting around quickly took “protection” measures and took the baby out.

Parents use their own expectations to protect the children’s body, but destroy the children’s valuable learning environment.

  Parents expect the child in their hearts, but on the surface they must walk calmly to the pool.

You can guide your baby to applaud this elder brother, and the older child will not be too pleased to see the parents.

Moreover, most of the interactions between children are not malicious. Parents can “protect in secret” without sacrificing the happy atmosphere on the scene.  Scene 4: The family went out to play in the park. It was lively.

When she saw the flowers, she said with a smile, “Baby, this is a chrysanthemum.

See her flowers are yellow!

“Far away, the windmill is turning. Dad said,” Baby, look, that’s a windmill. ”

“At this moment, when Grandpa looked up and found the pigeon, he yelled,” Baby, there are pigeons flying in the sky. ”

“. Comment: Don’t look at the world for your children. Before the children themselves discover it, parents can’t wait to point out what they see.

On the surface, this is to impart knowledge to the baby, but it actually limits the child’s overall observation ability and deprives them of the joy of self-exploration.

  Parents may wish to wait until your child pays special attention to something before you speak.

Also, be careful not to tell your child what it is, or use questions to guide your child to observe.

For example, when your baby is looking at flowers, you can ask: Are you looking at this?

What’s on it?

What color is the flower?

. Scene 5 Niu Niu just got up for a while and watched “Teletubbie” in the room.

“Niuniu, throw your urine bag into the trash!

“Mom shouted outside.

At this time, Grandpa entered the room, and Niu Ni immediately smiled and said, “Grandpa throw, Grandpa throw!

“Grandpa kindly touched Niu Niu’s head and raised the urine bag to come out. She said to her mother proudly:” Our Niu Niu is getting smarter and doesn’t throw me away, this little guy, haha. ”

“Niu Niu is 8 a week. Grandpa is free. He likes to play with Niu Niu most.

“Girl, hit grandpa, hit grandpa!

“Grandpa grabbed the baby’s little hand with a smile, and patted his face gently. Niu Niu chuckled while laughing.

  Opinion: Don’t mess up because of the cuteness of children. When children use “little cleverness” and “little tricks” to deal with adults, many parents know that they are wrong, but they can’t help being clever about their children.

Parents’ inconsistencies in expression, tone, and actions often prevent children from correctly distinguishing them, leading to false imitation.

  The child’s initial sense of social order and rules often come from a frightened family environment.

Niuniu is really smart and knows how to “pass on” things to Grandpa, but it is not worthy of appreciation.

Parents should tell her calmly that they have to do their own things.

In the face of children’s “smartness,” parents need to be more rational, and the whole family is consistent.

  Scenario 6 A group of children are playing together. The mother sees the baby playing with an older, lively elder brother.

At this moment, the big brother nudged the baby.

It’s just because the baby is standing in the wrong position and purely malicious, the baby walks away naturally.

But at this moment, the mother ran like an arrow and shouted, “Be careful, baby!

Let’s go play there.

“Comment: The child is not as fragile as you think, and was pushed by a big brother by a big brother. Many parents will feel uncomfortable and think their child has been bullied.

In fact, children’s interactions are simple, and they express their emotions very directly.

Maybe the first minute, they were still pushing around, and the next minute, they hugged and cheered.

  Parents take an adult’s eye to “protect” and make their children lose many opportunities for “frustration.”

  The parent guards the child forever and forever, let him try to solve it first, in fact, the child is very strong.

  In six small scenes of life, different educational wisdom is hidden.

I hope that the senior teacher Weng Juan can sincerely suggest that parents who can have different “graffiti behaviors” have some understanding, and strive to improve themselves and become the “sculptor” who has been on the road to growing up.

Smart mom chooses the right toothpaste for children

Smart mom chooses the right toothpaste for children

Children should not use multi-foam toothpaste. Toothpaste is divided into three types: multi-bubble, medium-bubble and less-bubble. The amount of foam depends on the amount of soap.

Multi-bubble toothpaste contains more than 18% soap, and saponin is easily decomposed into harsh alkali or ester acid in oral saliva, which not only stimulates oral mucosa, but also destroys enzymes in saliva.

In addition, the large soap content reduces the friction force, which affects the cleaning effect.

Therefore, parents should not choose more foam toothpaste for children.

  Children should not use fluoride toothpaste. Children’s use of fluoride toothpaste has adverse effects on development and health.

  Experiments show that topical use of fluoride can prevent dental caries, but the efficiency is only 20%.

Fluoride toothpaste contains 1000ppm of fluoride. Brushing your teeth with fluoride toothpaste will cause the total daily fluoride intake to far exceed the normal needs of children.

Increased fluoride content in the body increases the likelihood of fractures.

Studies have confirmed that topical application of fluoride and its replacement have certain potential risks to children’s development and health.

Therefore, children should not use fluoride toothpaste.

  Children who avoid long-term use of drug toothpaste Drug toothpaste There are many TV commercials, and children have a high proportion of dental diseases. Parents love their children. They often use drug toothpaste for their children for a long time.Children’s oral hygiene.

  Although the drug toothpaste has a certain effect on oral diseases, it is repeated for a long time, and the harm is not serious.

If you use anti-inflammatory toothpaste for a long time, in addition to making the pathogenic bacteria in the oral cavity resistant, while killing some pathogens, it will kill normal bacteria in the oral cavity and even make it difficult to treat the disease.There will be new infections.

In addition, many pharmaceutical toothpastes contain alkaloids and irritating substances. For long-term use, they can damage the delicate mucous membranes in the oral cavity, and will cause irritation for a long time, causing inflammation of the gums, mouth, tongue, lips, throat, etc.

  Some pharmaceutical toothpastes have a strong bitter and spicy taste, which often causes people to have poor regeneration.

Some medicines have added some dyes to toothpaste, and long-term application causes the teeth to lose their luster.

Therefore, for children, use less or no toothpaste.

The wife received a photo of her husband entering the luxury health club, and after she broke in, she was completely covered.

锘?

The wife received a photo of her husband entering the luxury health club, and after she broke in, she was completely covered.

Zhong Hua took the child to sleep, watched TV and other Xu Sheng home, suddenly heard a picture of girlfriends, “Look at this into the Supreme Health Club is your husband Xu Sheng?

My beauty salon finished SAP and saw it.”

After the picture is enlarged, take a closer look. This is really the last three months to come home every night in the middle of the night and there is almost no Xu Xusheng. This is what today’s voice and I said that he returned to his teacher’s birthday and returned to Xu Sheng, who proved his classmate’s WeChat certificate.
Zhong Hua went crazy to the best and most luxurious health club in the city.

On the road, Zhong Hua’s brain circling these various behaviors of Xu Sheng in the past few months, like a movie. On June 4th, the summer camp Xu Xun said that the company could not extract it.

Moreover, the summer camp ended when Xu Sheng was in the early hours of the morning and went home.

From June 17th to 18th, Xusheng did not return home for two consecutive days. A friend told Zhong Huaxu to be at the resort and many men and women took hot springs.

On July 2nd, Zhonghua gave Xu Xu a laundry, and found that there was a big mouth and red quarrel in the trouser pocket. The investigation was investigated by Zhong Hua, and it was Xu Xu’s assistant to take care of it.Ready to return to the assistant.

July 18th.

.
.
.
.
Zhong Hua finally did not dare to continue thinking.

I don’t dare to think that Xu Sheng, who is not staying every night, is doing what is going on in the bustling social entertainment venues?

I don’t even dare to think about what kind of black smoke will be seen in the Supreme Health Club.

She is even more afraid to associate with the consequences. What is the result of the eight-year marriage that has just passed the seven-year itching and the son who has been in elementary school?

The brain has been stunned like a ripe watermelon, and Zhong Huaqiang endured the explosion of his head and the almost weak body through the luxurious hall, crossing the two rows of graceful and enchanting beauty in the 666 box.

I rushed into the box and saw that everything happened. Zhong Hua suddenly lost strength and was soft on the back seat of the box.

The most prominent position in the middle of the huge van was Husband Xu, who gave a faint boss, and then Zhong Hua summoned from Xu Sheng’s assistant. The husband’s company had lost 5 million in the past six months because of a project failure.

The husband does not want to dismiss the employees who have been working with themselves for so many years, and does not want to close their own company that has worked hard to create.

In the past six months, Xu Sheng himself received training outside and publicized the initial supplementary company operations.

Today is the actual training and implementation of the “Supreme Health, Supreme Service” training program.

I know that all these Zhonghua tears are full of misunderstandings that she knows so little.

We live in this world and hope that we are a pure and transparent state, and we hope that everyone around us can be honest, so that we can avoid a lot of trouble.

But the world is not perfect, so there will inevitably be multiple misunderstandings.

Mentioning misunderstandings between husband and wife, perhaps many people feel the same, that is, misunderstandings do not want to explain, tired and unwilling to continue.

It’s a bit cruel to say, but it’s actually like this.

What should you do if you are behind Zhonghua?

If you have a lot of misunderstandings in your family life, how can you resolve them?

I hope that everyone will like to comment on their opinions and find answers to better misunderstandings.

Lotus Pond is looking for more beautiful and positive energy in your ordinary life.

Work efficiency increased by 15%

锘?

Work efficiency increased by 15%

Are you busy with your feet when you go to work, and you are dizzy?

Are you easy to get angry with your colleagues?

Maybe you should sneak a sneak peek.

According to the US MSNBC website, British researchers found that exercise at work not only helps improve work efficiency, but also relieves work stress.

銆€銆€The study was conducted under the leadership of Jim McKinner, a professor of exercise and health at the University of Leeds.

The researchers selected a total of 200 employees from a university, a computer company, and a life insurance company. They can exercise or not exercise during work breaks according to their preferences, and then fill out a questionnaire. Brake researchers can help exercise.The link between work performance and emotions.

銆€銆€As a result, 60% said that if they do exercise during a certain day’s work break, the time management ability, intelligence and ability to complete tasks on time will be improved, and the overall work efficiency will increase by 15%.

The results of this research were recently exchanged at a meeting of the American College of Sports Medicine.

銆€銆€The effect of exercise on work efficiency has nothing to do with the intensity and time of exercise.

During the study period, the subjects can engage in any of their sports. Most people choose to do 30-60 minutes of exercise after lunch. Whether it is yoga, aerobics, strength training or basketball, it will bring the same effect.

銆€銆€The subjects also scored their emotions in the morning and afternoon.

As Professor McKinner predicts, exercise can improve their mood.

In the group discussion, many people said that exercise can help them better face the challenges and pressures at work.

“After the exercise, people are more tolerant of their own attitudes towards work and work. They are less likely to lose their temper and have fewer yelling and screaming at colleagues.
鈥?
“People are not prone to “afternoon fatigue” after exercise.

In addition, people are more satisfied with their day’s work when they go home after exercising in the daytime.

銆€銆€Public health experts point out that incorporating exercise into work can be beneficial to health.

Short-term exercise, even if it is a few minutes in the afternoon, when you go upstairs, take the stairs instead of taking the elevator, you can bring a little to the body.

McKinney hopes his findings will encourage companies to provide opportunities for employees to exercise, such as yoga instructors to the conference room staff to practice, or build a well-equipped gym.

鈥淭hese can both boost employee morale and reduce the loss of sick leave to the company.

鈥?