24 Mar

Sinochem (601117): Engineering gross margin growth continues with prudent PPP strategy to promote strong cash flow protection

Sinochem (601117): Engineering gross margin growth continues with prudent PPP strategy to promote strong cash flow protection

Company dynamics keep outperforming industry companies. We have recently studied China Chemicals and merged with the company to communicate the recent operating conditions and long-term development strategies. The specific content is as follows.

  Comment on the traditional chemical engineering to consolidate its advantages and increase the gross profit margin to maintain a high level.

At present, there is fierce competition in the field of chemical engineering. The company plans to continue to consolidate its design advantages in coal chemical industry and basic chemical industry, and continue to vigorously develop design to lead its general contracting business.

In the first three quarters, the EPC business accounted for about 44% of the company’s engineering contract orders. We expect the EPC business to remain stable in the future and drive the company’s gross profit margin to remain high.

  Continue to actively develop infrastructure and environmental protection businesses.

Based on the chemical engineering business, the company actively develops infrastructure and environmental engineering contracting businesses that are related to the company’s traditional competitive advantages.

1) Infrastructure business: The company plans to continue to respond to national strategies such as the Yangtze River Grand Conservation and actively contract related infrastructure projects. It plans to have infrastructure revenue of 10 billion yuan within 2-3 years (we estimate that the proportion of revenue from the corresponding engineering contracting business is about 8-10%); 2)Environmental protection business: The company plans to continue its business development in the environmental protection fields such as industrial wastewater treatment and soil treatment through endogenous and extended M & A.

  Carefully develop PPP business.

Since 2019, under the background of relatively tight local government funds, the company has developed a PPP business with an appropriate and cautious attitude and strictly controlled the project acceptance standards. The projects undertaken are mainly provincial capitals, municipalities directly under the central government, second-tier corporate resident sites, and other repayment capabilities.s project.

We believe the company’s prudent PPP development strategy helps control operating risks and related investment expenditures, and maintains a strong level of cash flow.

  The industrial sector has strong earnings and is expected to continue to advance 杭州桑拿 in the future.

The company’s caprolactam project, Indonesian power plants and other industries have strong profitability of investment assets. In the first half of 2019, the company’s industrial and other businesses achieved gross profit margins.

6%, significantly higher than the company as a whole, accounting for 23% of gross profit in the first half.

In July 2019, the company announced that it plans to participate in the investment and construction of a nylon 66 new material industrial base with an annual output of 100 tons. If the project is successfully put into production, it is expected to achieve a better level of profitability.

We believe that the company is expected to continue to promote industrial investment in high-end chemicals and other fields in the future, driving the company’s overall profitability to 北京桑拿洗浴保健 continue to improve.

  Estimates suggest that the current company meets the corresponding.

3x 2019e P / E.

We maintain our profit forecast and outperform the industry rating and target price of 7.

1 yuan is unchanged, corresponding to 13x 2019e P / E and 14% uplink space.

  The fierce competition in risky chemical projects has put pressure on gross profit margins, and the profitability of investment assets has fallen short of expectations.

19 Mar

Shennan Circuit (002916): High-end and middle-end PCB technology drives leading parts

Shennan Circuit (002916): High-end and middle-end PCB technology drives leading parts

Event: The company released the 2018 performance report to 2.
.

The total share capital of 8.3 billion shares is the base, and all shareholders pay a cash dividend of 7 for every 10 shares.

5 yuan (including tax), the capital reserve will be transferred to all shareholders for every 10 shares of 2 shares.

Revenue in 2018 was 76.

02 million, an increase of 33 each year.

68%; net profit attributable to shareholders of listed companies6.

97 ppm, an increase of 55 per year.

61%.

Q4 single quarter sales gross margin 24.

12% in the fourth quarter.

91%, profitability has gradually improved.

Positioning high-end and mid-end PCB products, embracing leading global customers: The company’s positioning is mainly high-end and mid-end PCB-related products with stable and reliable quality. According to the annual report, the company has become a supplier to many leading global companies, including Huawei, ZTE, Nokia, HoneywellSeoul, GE Healthcare, Bosch, BYD, Lenovo, ASE, etc. In 2018, the company won Huawei’s “Gold Core Supplier” for six consecutive years, and also ZTE’s “World’s Best Partner 2018”, Rockwell Collins “”Global Best Partner”, Changdian Technology “Best Supplier” and other presets.

At the same time, the company is also actively expanding new customers, providing too much momentum for the company’s long-term stable development.

Product upgrades, technology-driven leading categories: As a leading company in the domestic PCB field, the company is in the leading position in terms of revenue and per capita output value according to statistics from the wind industry.Continued fermentation, leading companies are expected to reach premium space: 1) In the field of PCB boards, the company will continue to strengthen R & D and replacement in the field of 5G communications (including wireless and data communications), maintain the company’s first-mover advantage, and promote the construction of Nantong’s investment and investment projects.At the same time of automation, internal factories have continuously improved the efficiency of resource allocation through technological transformation, the construction of specialized factories has gradually penetrated, and breakthroughs have been gradually made in the automotive panel market. The capacity of the Nantong factory has gradually climbed, becoming one of the company’s growth points in 19 years; 2)In the field of packaging substrates, the company will maintain the company’s advantages in market segments for many years, while expanding high-speed communication and storage packaging substrates; 3) in the field of electronic loading and unloading, focusing on expanding communications, medical, aerospace and other fields.

Pioneer in the field of national packaging substrates, leading consolidation is solid: According to the annual report, IC substrate business achieved revenue9.

47 ppm, silicon microphone is the main product of the substrate business, while fingerprint and RF module packaging substrates 杭州桑拿 have achieved rapid growth.

The annual report pointed out that the company’s Wuxi fund-raising project has an orderly progress in the construction of the substrate factory, and the development progress of key storage customers is in line with expectations. It is expected to be put into production in 2019.

Investment recommendation: Buy-A investment rating, 6-month target price of 133.

1 Yuan.

We expect the company’s revenue from 2019 to 2020 to be 97.

3.1 billion, 118.

72 ppm, net profit is 8 respectively.

7.1 billion, 12.

31 trillion, outstanding growth.

In 19 years, the production capacity of Nantong factory benefited from the smooth release, and the demand for 5G was gradually landed.

Risk reminder: PCB industry development exceeds expectations; 5G industry development exceeds expectations; 杭州桑拿网 fundraising projects fall short of expectations, etc.

11 Mar

Zhongnan Construction (000961) Quarterly Report Review: Outstanding Performance, Continuous Financial Optimization

Zhongnan Construction (000961) Quarterly Report Review: Outstanding Performance, Continuous Financial Optimization

Matters: The company announced the third quarter report of 2019 and realized operating income of 409.

60,000 yuan, an annual increase of 36.

5%, net profit 22.

60,000 yuan, an annual increase of 78.

7%, achieving EPS0.

6103 yuan, located in the upper limit of the performance forecast interval.

  Ping An’s view: The performance is beautiful and the outstanding resources are abundant: the company actually realized operating income of 409.

60,000 yuan, an increase of 36 in ten years.

5%; net profit attributable to mother 22.

60,000 yuan, an increase of 78 in ten years.

7%.

The main reasons why the growth rate of net profit is higher than the growth rate of revenue: 1) The annual sales and management expense ratios have decreased by 0.

89 and 0.

85 units; 2) Due to the increase in settlement of non-consolidated projects, investment income was realized in the first three quarters.

7 trillion, 0 compared with the same period last year.

8 ppm increased significantly; 3) The proportion of interest in the carry-over project increased, and the proportion of minority shareholders’ profits and losses continued to decrease by 15%.

3 up to 3.

1%.

As the sales amount was higher than the settlement income, the advance payment at the end of the period increased by 16 compared with the beginning of the period.

1% to 1278.

80,000 yuan, as the basis for subsequent performance growth.

Sales continued to increase at a high rate, and investment relaxation was moderate: the company achieved sales of 1024 in the first three quarters of 2019.

30,000 square meters, an increase of 31 in ten years.

7%; realized sales amount of 1299.

50,000 yuan, an increase of 26 in ten years.

6%, the market share increased by 0 compared to 2018.

2 up to 1.

2%.

The average sales price was 12,687 yuan / square meter, a decrease of 1% compared with the same period in 2018.

In the first three quarters, the company newly entered Jinan, Xiamen, Jieyang, Zhanjiang and other cities, gradually expanded 51 projects, added 7.51 million square meters of construction area, and gradually decreased 42.

8%; land sales area ratio is 73.

3%, the average floor price (5,541 yuan / square meter) is 43 in the same period average sales price.

7%, down 66 from 2018.

1 up by 10.

1 unit.

Among them, the newly-built area in the third quarter was 3.33 million square meters, an increase of 45 from the second quarter.

8%, land sales area ratio is 87.

2%, an increase of 29 from the second quarter.6 units, the investment intensity has increased.

The construction area under construction at the end of the period was 34.23 million square meters, of which the construction area to be started was only 13.32 million square meters.

The debt structure continued to be optimized, and there was no pressure on short-term debt repayment: at the end of the period, the company’s net debt ratio and the asset-liability ratio excluding advance receipts had fallen earlier respectively.

3, 0.

9 up to 175.

6%, 44.

1%, continuous optimization.

Cash in hand 254.

5 ppm is 158 of long-term and short-term debt due within one year.

8%, an increase of 45 earlier.

With 5 shares per share, there is no pressure on short-term debt service.

As these companies grab sales rebates, net operating cash inflows48.

10,000 yuan.

  Investment suggestion: Maintain a sustainable profit forecast. It is expected that the EPS for 2019-2021 will be 1.

09 yuan, 1.

87 yuan, 2.

43 yuan, the current sustainable corresponding PE is 7 respectively.

9 times, 4.

6 times, 3.

6 times.

The company’s stable turnover strategy, upgraded and improved incentive mechanism, continuous optimization of urban layout, multi-factors to help the industry continue sales performance; advance income and profit margin repair, the continued release of future performance is also worth looking forward to, maintain a “recommended” rating.

Risk reminders: 1) The overall performance of the current property market is cooling, while the third and fourth lines are subject to sufficient supply, demand shrinks, and there is too much adjustment without significant adjustments. The subsequent volume and price will be under pressure.Excessive adjustment of the property market in the third and fourth tiers may result in less-than-expected sales risks, and at the same time may bring the risk of impairment of some of the company’s third and fourth tier projects; 2) Land prices continue to rise since 2016 due to the hot property market, and subsequent price limit policies in citiesThe risk that the company ‘s gross profit rate will decrease in the future; 3) Recent changes in the industry ‘s funds have tightened, and the property market sales have increased slightly. Subsequently, if the property market returns to a stable process and then cools down more than expected, the company faces tight financing 深圳桑拿网 channels and upward financing risks.

08 Feb

To prevent myopia, eat more green fruits

To prevent myopia, eat more green fruits

In recent years, the lutein absorption of urban children has been reduced, and in-depth research by western nutritionists has finally revealed this mystery.

It turns out that the occurrence of myopia has a lot to do with too little nutrition called “lutein”.

  Lutein is a “carotenoid”, which is found in higher amounts in fresh green vegetables and citrus fruits.

According to research by scientists, lutein has an important protective effect on the “macular” in the retina, and lack of lutein can easily cause macular degeneration and blurred vision.

  Eat more citrus to prevent vision deterioration. Rural children, because they eat green vegetables directly collected from the field, absorb lutein sufficiently.

Urban children usually eat high-protein, high-nutrition foods, and rarely eat fresh green vegetables, so the amount of lutein introduced is correspondingly less than that of rural children.

This is the primary cause of the huge difference in vision between children in urban and rural areas.

  In response to this, nutritionists recommend that you eat more citrus fruits every day to prevent vision deterioration.

26 Jan

Salmon eats young anti-wrinkle holy grail

Salmon eats young anti-wrinkle holy grail

The longest-lived man in the world is in Iceland, and the longest-lived woman in Japan. Iceland and Japan need salmon.

Of course, residents of longevity regions of the world, including Japan, Hong Kong, Iceland and the Mediterranean, eat fish and seafood every day.

  Salmon wrinkle and beauty salmon, scientists can find that wrinkle and beauty scientists, fish, especially deep-sea fish such as salmon, can wrinkle and beauty, reduce blood pressure, protect the heart, joints and islets, stabilize blood sugar and mood, increase IQ, and extend life.

  Scientists believe that the human body has high blood pressure in the ocean, the chemical composition of the human body is close to seawater, fish protein is close to human protein, and fish oil is close to the human brain.

Our ancestors lived by the water, eating crustaceans and fish, restoring substituted essential fatty acids, and concentrated distribution to form the main part of the brain.

Therefore, the nutrition of fish has promoted human evolution.

  Trace essential fatty acids Essential fatty acids According to luciferin nutritional diet therapy, all natural oils are good aunts, including linolenic acid, linoleic acid, monounsaturated aunts and saturated aunts.

Linolenic acid and linoleic acid are polyunsaturated fatty acids, which are active by themselves, but are the most unstable, easily oxidized and destroyed by cooking.

The human body cannot synthesize these two fatty acids, they can only come from food, so they are called “essential fatty acids”.

  Linolenic acid and linoleic acid are the raw materials of brain cells and prostaglandins, respectively.

Linolenic acid contains the main feces of human brain cells.

Prostaglandins can reduce blood viscosity, lower blood pressure, stabilize blood sugar, control appetite, regulate menstruation, and protect the heart and brain.

Linoleic acid and linolenic acid together (2: 1) can reduce leather alcohol, triglycerides and bad phenols, repairing cells damaged by “glycation”.

Therefore, wisdom is inseparable from linolenic acid, health is inseparable from linoleic acid, and beauty is inseparable.

  The best source of smoked salmon linolenic acid is cold water deep sea fish. The best source of linolenic acid is cold water deep sea fish such as salmon, tuna, catfish and fish.

Salmon is the most noble deep-sea fish because it has a trace content of more than 5% and contains the most linolenic acid.

  Eating salmon regularly can reduce the effect of wrinkles, but at least it is necessary to quit sugar, control refined starch, and supplement vitamins and minerals, that is, corresponding to “sugar-free and low-carbon, nutritional supplement” lucatin nutrition diet therapy, replacing collagenSaccharification causes wrinkles.

Remember, sugar creates wrinkles and fish eliminates wrinkles.

18 Jan

Experts-Children’s Random Learning Yoga Injury

Experts: Children’s Random Learning Yoga Injury

There is a boom in children’s yoga in Australia, and some secondary schools offer yoga classes to guide students in the art of concentration and physical stretching.

However, the medical profession believes that yoga may not be suitable for all children, especially children with inherently tight muscles.

  Fletcher, a mentor of the “Life Yoga Association” in Australia, said that yoga can help people build self-confidence, increase physical flexibility, improve personal posture, and achieve unity of mind and heart. It is a healthy activity for children.

She said: “Children are not difficult to learn yoga because their bodies are flexible.

Fletcher explained that the deep breathing of yoga can help improve recovery and tracheal sensitivities. It can also strengthen the personal immune system and relieve mental tension. The benefits are numerous.

  But you need to be on the sidelines, but the physical therapist at the Children’s Hospital in Sydney, Bins, said that adult yoga moves may not be suitable for children.

Children’s yoga activities are best designed to meet their physical development needs.

In addition, some children with special needs should consult a doctor before taking yoga classes.

  Bins said, “Children with tight muscles should consult with their doctor before practicing yoga.

He said that when practicing yoga, children should be instructed by their instructors to prevent them from unknowingly making physical harm.

  Practicing yoga in the mind has also become a popular parent-child activity. The yoga instructor Sherhorn, who lives in southern Sydney, practices with his five- and three-year-old children.

She said: “It is not easy for children to calm down and cultivate their minds and spirits, but if they practice from a young age, they will find that yoga is a very natural activity and never dull.

Representative Sherhorn, parents refuse to force if the child is not interested in yoga.

  Yoga helps develop the inherent potential of the individual, so it has become an adjuvant therapy for patients with Down syndrome, autism, and cerebral palsy in the United States.

08 Jan

Three principles for buying home fitness equipment

Three principles for buying home fitness equipment

There are several principles for families to choose when exercising: 1.

According to the needs of their own conditions.

  2.

The financial situation of the family.

  3.

Housing environment and other external environment.

  First of all, you should choose fitness equipment according to your physical fitness, exercise purpose and favorite sports style.

Patients and infirm patients who have limited mobility, are weak or are recovering, should choose equipment that can withstand their own physical strength, such as exercise bikes and rowing machines, steppers, tensile training devices, etc.

If you want to lose weight, you can choose a multifunctional treadmill to strengthen your body.

For fitness purposes, you can purchase mini weightlifters, weightlifters, or thirteen treadmills.

The family’s economic situation and housing conditions are better, replacing the 31 functions and 13 functions.
These fitness equipment are not only low in price and suitable for working class, but also occupy a small area and have high practicality.

At present, the most popular family-friendly treadmill is a multi-functional treadmill. This kind of equipment is full-featured and integrates entertainment and strengthening.

If the housing conditions are not too spacious, you can choose a twelve-function treadmill.

05 Jan

Yoga helps you gather breasts anytime, anywhere

Yoga helps you gather breasts anytime, anywhere

Today, this method of raising breast cancer can be regarded as the simplest method of yoga.

It can do it anytime, anywhere.

No preparatory activities are required.

It also relaxes your body.

In fact, it is better to say that it is “gathering”.

Because its main effect should be to make the two breasts firmer and disturb the middle.

Because many people ‘s breasts are long on both sides due to out-of-fitting underwear and sleeping postures, they have a figure-eight shape.

Very demanding.

So achieve the gathering effect with this simple action.

  Specific actions: 1.

You can sit on a yoga mat, sit on a chair, or stack up.

  2.

Your body is straight.

Put the palms of your hands together.

Put it on your chest.

Began to worship the Buddha.

  3.

Then let the palms of both hands slowly push each other.

Because the force is the same when pushing, the palm still maintains the original position and posture.

But you can find the muscles of the two black hairs converging towards the middle during the process of exerting force.

  4.

You can take a deep breath when you apply force.

  You can do this at any time and do it every day if you have time.

And to persist for a long time, gathering and lifting are equally important for the breast.

Hope you guys know.

28 Dec

Would you like to go home and be a full-time wife

Would you like to go home and be a “full-time wife”

Taking care of the family and enjoying life The life of a full-time wife feels beautiful.
Cao Shiju, who had just moved from Shenzhen to the 101st building in Sanyuan Ercun the year before, said that after she got married and had children, she quit her job and devoted herself to taking care of her children at home.
Instead of handing it over to the nanny, bring it in person. “I can stay with my child’s growth process and play a good role in supervising the cultivation of his living habits and the shaping of his hobbies.”
Life at leisure, when the child was small, he didn’t feel dull at all. The child was ill and could be accompanied throughout the journey. The child’s reckless childish words could be repeated aftertastes. Take the child to meet other children and other children in the community.Mothers, often their mother and son are the envy of others. In this way, they do not need to run for their livelihood. There are unexpected gains. “Many people say that I look much younger than my peers.”
  Yun Haas, who lives in Xinzhuang Xincun, quit his original job, followed Mr. Liu from Inner Mongolia to Suzhou, and was unfamiliar with his life. He couldn’t find a suitable job for a while and “can only choose to be a full-time wife.
“Without a job, Yunhas feels very boring. Fortunately, the community has a variety of activities. Yunhas has actively participated. While relaxing, he gradually feels that the greatest benefit of a full-time wife’s life is that he can arrange himself calmly.time.
My husband’s company is in the preparatory stage. Many trivial matters have been handled by Yunhas. In the past, because there were different business circles, “I can’t participate in so many things at all.
Yunhas said, the more you participate, the more you understand, but it never occurred to me that the life of a full-time wife has actually enhanced the relationship between husband and wife.
  When the Taiwanese lady Li Xiaoping was in Taiwan, she did well in securities. “Sometimes when you are busy with six phones ringing at the same time, it is impossible to think about your own preferences all day.
“When I became a full-time wife in Suzhou,” life is completely different.
“Learn calligraphy, practice yoga, learn embroidery . as long as you like, you have time to practice.
  Life is more like a seesaw. The distress of being free can return to the family and become a full-time wife. The economic conditions at home are a strong support, and the housewives who return to the family have inadvertently mentioned the economic impact of the current life situation.
  ”In the past, I made my own money and spent it. I bought whatever I wanted.
Li Xiaoping said very directly that even the family’s previous financial expenses were at their disposal, and her husband only had a small amount of pocket money.
But now, when spending money, especially if it involves a large amount, you will unconsciously go back and discuss with the other party.
“Even the voice has inadvertently become lower than in the past,” Li Xiaoping said with a smile. This change happened unknowingly, and the direct cause of the change was that the husband and wife in the family were no longer parallel economic entities.
  Invisible changes also depend on the psychological increase.
When I first came to Suzhou without an acquaintance, Yunhas couldn’t help but whisper to her husband: “I came here for you to give up everything. If one day you lose me, I will have nothing.
For Cao Shiju, when the husband comes home from work, his mood will be happy.
The husband’s income becomes the only support for the family. In fact, the center of gravity of the family or the housewife will unknowingly lean on the husband. For the housewife, this is also one of the unconsciously accepted reality.
  Having lived in Suzhou for 8 years, Li Xiaoping began to doubt the value of her existence.
“When I was busy myself, I was really envious to see others drinking coffee.
“But now I have been drinking leisure coffee for 8 years, and I feel more and more boring. Sometimes I will have panic in my heart. In case my husband loses his job someday, if he returns to Taiwan, the economic conditions will not keep up, and he will leave the job for 8 years.Post, how can I return to the former professional state.
  Out of the same anxiety, Gu Xiaofang, a friend of Li Xiaoping, also a wife of a Taiwanese businessman, partnered with someone to start a second-hand house transaction last year.
Gu Meifang said that when enough money is saved, the couple can retire early.
Gu Meifang’s return to the workplace made Li Xiaoping very excited.
  There is always a choice for a full-time wife. The key is to make yourself happy. Should you go home and be a full-time wife?
“We are firmly opposed!
“Zhu Min, chairman of the Development Department of the Women’s Federation of the City, clearly stated his point of view.
  ”How difficult it is for Chinese women to step out of their homes, and today there is a return of traditional family concepts,” said Zhu Min, which is related to the loss of women’s own value.
“In fact, there is only one child in each family, and the hard process is only a few years. Professional women need some skills to handle the relationship between the workplace and the family, but if they are handled well, they will enjoy greater happiness.
“” Choose to go home, although we can no longer bear the pressure of work, but “no matter the traditional atmosphere or the level of civilization in our social atmosphere, women’s family labor has not been fully respected.
For women, returning to the family, “This is a risky choice. To abandon work to some extent means taking the initiative to abandon self and transfer your own value to the family and children. The concept of these full-time wives,The understanding of society will gradually degenerate, which is extremely detrimental to the personal development of women.
“For a family and marriage, a full-time wife faces many risks.
“The competition is so fierce, what if you lose your job?
“There are risks to the family economy and the lack of security in marriage. Zhu Min said that in the work of the Women’s Federation, I have heard too many failures. In the event of an accident, I can no longer be a full-time wife of an independent economic entity.
  Should you choose a full-time wife?
How do you choose to adjust your life?”It is easy to exit the rivers and lakes, and it is too difficult to re-enter the workplace.

Li Xiaoping said that if you choose to be a full-time wife, the only way to change the dullness is to maintain a good attitude, arrange your time reasonably, attend more gatherings of relatives and friends, and learn more about social development through newspapers or the Internet.Means detachment from society.

Choosing a full-time wife is to choose a state of life. The key is to make yourself happy!

Li Xiaoping said.

18 Dec

The ancient scenery of the walking tracker’s ancient road

锘?

The ancient scenery of the walking tracker’s ancient road

Entering the ancient track of the car, it has entered history.

The ancient track of the car division spans the north and south of the Tianshan Mountains. It is an ancient road with a history of more than 2,000 years and is an important traffic trunk in the early Western Region.

About 200 kilometers, the “Xizhou Tujing” residual volume dispatching route found in the Dunhuang Tibetan Buddhist Scriptures has a narrative.

銆€銆€The ancient division of Checheng refers to the passage from Nanshan Tianshan of Dalongkou, the town of Quanzi Street, Jimsar County, Xinjiang, to Luketun of Turpan City, also known as the Jinling Ancient Road.

Since the Han and Tang Dynasties, the Che Gu Road is a shortcut to connect the Silk Road Middle Road and the North Road. It will communicate with the former country and the former country. Therefore, the Tang Dynasty called the “he he said.”

銆€銆€The ancient track of the car division is unique, dangerous, quiet, and the various aesthetic characteristics of the male are integrated into one. Natural and humanistic landscapes complement each other. The winding mountain trails extend through the twilight mountain and the river stretches. The land section is hovering in the cliff rock and straight into the clouds.Above the land section, there are colorful flowers and grass slopes, and some sections cross the rapids, wearing dense forests, crossing the dangerous gorge, and the narrow area is less than 2 meters.

Along the way, there are ancient fortress ruins, ruins, stone people and other cultural monuments, as well as stone gates, flyovers, waterfalls, hot springs, exotic trees and other natural landscapes.

銆€銆€This ancient road crosses both directions in the north and south directions.

From the southern slope of the Tianshan Mountains to Turpan to the north slopes, the county is more convenient.

You can take a bus from Urumqi to the stone kiln in Turpan’s five-star ranch, then walk into the mountain, climb the 3,400-meter-high Qiongda switch, enter the high mountain pasture on the northern slope of Tianshan Mountain in Gumusal County, and cross the Liudao Bridge to Quanzi Street Township.Return to Yan Musar County and transfer to Urumqi.

In turn, take the shuttle bus from Urumqi to Jimsar County, rent a car directly to the entrance of the spring, then walk into the mountains, cross the Qiongda board to the Shiyaozi Ranch, and take the pre-committed car (Shiyaozi is a ranch reception station,Not shuttled) Return to Urumqi.

The mountain journey of 鈥淐he Gu Road鈥?is about 50 kilometers, and the average elevation is about 2500 meters.

銆€銆€Line Urumqi – Turpan – Daheyan – Five Star Ranch – Qiongda 鍧?- six to one bridge – Hydrological Station – Quanzi Street – Jimsar – Urumqi.

銆€銆€The actual walking starts from the five-star ranch and ends at the hydrological station, with a total distance of about 42 kilometers.

銆€銆€Day 1: Urumqi-Daheyan-Five Star Ranch starts from Urumqi. After arriving at the Great Riverside, hire a buggy or truck to camp on a five-star ranch.

Here is the starting point for hiking.

銆€銆€Day 2: Five-Star Ranch – Shangshi Kiln starts from Wuxing Ranch and is about 3 kilometers to Sanchakou.

On the eastern side of the Sanchakou Valley, Kalek Aiken improves the summer pastures deep in the Tianshan Mountains, and on the west side is the stone kiln Aiken.

Along the stone kiln, Aiken North is slightly westward, passing through Huangyanggou, all the way to the river and going to the Shangshi kiln camp.

銆€銆€Day 3: Shangshi Kiln-Qionda鍧?Sixdaoqiao continues northbound from Shangshi Kiln. After crossing Qiongda, it will arrive at Liudaoqiao.

There is a grassland 2 km down the Liudao Bridge, which is an ideal campsite.

銆€銆€Day 4: Liudaoqiao – Quanzi Street – Jimsar – Urumqi starts from Liudao Bridge, all the way downhill, via Wudaoqiao, Sidaoqiao, Sandaoqiao, Erdaoqiao, a bridge, that is near the transportation hydrological stationvillage.

Rent a truck in the village and arrive at Quanzi Street, then transfer to the Jimsar County, and then take the shuttle back to Urumqi.

銆€銆€The best season is from May to October every year is the best hiking season.

銆€銆€Necessary equipment and supplies tents, backpacks, sleeping bags, mats and other full camping equipment, rain equipment, good walking shoes, jackets, trousers, fleece, fleece pants, spare socks.

銆€銆€Transportation can take the Urumqi-Dahe River train and then hire a SUV or truck to enter the Five Star Ranch.

The village near the hydrological station can rent a truck to reach Quanzi Street. There is a bus in Quanzi Street that turns into Jimsar County. After arriving in Jimsar, it will return to Urumqi by round-trip.

銆€銆€Shishi Ancient Road Ten Views 鈥淪hi Kiln Tunnel鈥?(refers to the first-line sky channel with a width of only 1 meter on the south side of Qiongda); 鈥淒ayu Castle鈥?(an ancient military site standing on the Qiongda Temple at an altitude of 3,200 meters)”Turkish Stone Man” (refers to the grassland stone standing on the west slope near Wujin Bridge); “Sanzhang Suspension Waterfall” (referring to the waterfall of Dalonggou Gorge with a drop of more than 10 meters upstream); “Shimen Tianyue” (Refers to a section of the 40-meter-long Tianshou Stone Lane between Wudaoqiao and Liudaoqiao; “Three Bridges” (referring to the beautiful forest grassland scenery of Sandaoqiao); “Alpine Shenquan” (referring to the Erdaoqiao and the head)”Daoqiao” is a hot spring with a long-lasting effect, and has a strange effect; “The trunk of the poplar tree contains a huge stone to form a bouldering wonder;” “The first bridge” (the cliff near the head road bridge))”Longgou Ancient City” (refers to the site of the Shule City that was held by the Hampton School in Dalonggoukou East.)