Depth-Company-Sun Paper (002078): Q2 earnings improved significantly QoQ

Depth * Company * Sun Paper (002078): Q2 earnings improved significantly

The company released its 2019 Interim Report: the report was consolidated and the company achieved revenue of 107.

8 ‰, increasing by 2 every year.

9%, net profit attributable to mother 8.

870,000 yuan, a decrease of 27 per year.

8%, attributable to deducting non-net profit 8.

64 ppm, a reduction of 28 per year.

7%.

Among them, Q2 achieved revenue, attributed to the mother’s net profit, and deducted non-net profit were 53.

3 ‰ / 5.

07 billion / 5.

3 billion a year -2.

0% /-17.

2% /-12.

8%.

Key points of support levels The release of production capacity guarantees revenue growth, and Q2 has improved significantly from the previous quarter.

Since Q2 paper price was at its peak last year, the company’s main paper grade Q2 paper price continued to decline. We estimate that coated paper decreased by about 23% in the first half of the year, double-coated paper gradually decreased by 19%, and cardboard paper thickness decreased by about 15%.Reduced income.

In terms of products, double adhesive paper / coated paper / cardboard paper / dissolving pulp were respectively -4.

6% /-29.

8% / + 20.

7% / + 26.

4%. The production capacity of cultural paper, dissolving pulp, and cardboard paper, which have been put into production in the second quarter to the third quarter of last year, has been released, which has led to the increase in sales of corresponding paper products. In the first half of the year, overall revenue growth was still achieved.

Gross profit margin improved significantly month-on-month, and the trend is expected to continue in the following quarters.

In the first half of the year, the company’s double-coated paper, coated paper, boxboard, and dissolved pulp gross margins were 21 respectively.

5% / 20.

1% / 14.

0% / 21.

7% each year were -10.

1% /-13.

7% / + 1.

2% / + 1.

2%, at least the cultural paper dropped significantly.

However, in the single quarter, the company’s gross profit margins for Q1-Q4 and 19Q1Q2 in 2018 were 27.

5% / 26.

4% / 23.

1% / 17.

3% / 17.

7% / 21.

8%, +4 per year.1 / -0.

1 / -1.

7 / -11.

6 / -9.

8 / -4.

6pct, due to the total demand for party-building paper downstream of Q2 cultural paper, the overall demand was better than expected. Q2 paper mills raised prices many times. The price trend in the second quarter exceeded market expectations, and the price of pulp declined unilaterally in the first half.Q2 gross margin improved significantly.

Initially, the accounting of gradually lowering the cost of low-priced pulp was gradually included, the production capacity of 10-inch wood chips pulp and 40 tons of semi-chemical pulp was released, and the production of 40 tons of waste paper pulp in Laos was put into operation. The company’s raw material structure continued to be optimized, and the cost end will be effective.Control, the gross profit margin will show a trend of rising quarter by quarter.

New projects guarantee future development.

The company’s production capacity has continued to expand, and new three major projects have begun to be constructed. The Laos project 40 plugged into the recycled pulp line has begun trial production in June. In June and July, the Guangxi Beihai Pulp and Paper Project and 西安耍耍网 the Headquarters 45 Selected Cultural Paper Project were launched.The company’s production base has achieved an international layout, and its ability to control upstream raw materials has been further enhanced to provide guarantee for future growth.

It is estimated that the company implements the “Four Three, Three, Three” strategy, the construction of new bases in Laos and Beihai guarantees future development, the company has strengthened its upstream and international layout, and the papermaking leader has gradually continued to stabilize.

Taking into account factors such as the depreciation of the RMB, the company’s earnings for 2019-2021 will be adjusted to zero.

84/0.

97/1.

14 yuan a year -2.

5% / + 15.

1% / + 17.

4%, corresponding to 2019 PE9X, maintaining the level of overweight.

The main risks faced by the new projects are not progressing smoothly and the overcapacity of the industry has intensified.

Dingsheng New Material (603876): Lithium Aluminum Foil Leader in Growth

Dingsheng New Material (603876): Lithium Aluminum Foil Leader in Growth
Lithium battery aluminum foil faucet, deeply bound battery factory.The company was founded in 2003 and went public in April 2018.Since its establishment, the company has been engaged in the business of aluminum sheet and foil, and its main products are air-conditioning foil, single-zero foil, double-zero foil, aluminum sheet, and new energy battery aluminum foil.The company is the largest supplier of lithium aluminum foil in China. For many years, it has the advantages of aluminum foil production and operation. It has passed the certification of major global leading battery factories. Its customers cover CATL, ATL, BYD, Guoxuan Hi-Tech, etc.)book). The traditional aluminum foil has developed steadily, and the lithium aluminum foil has been expanding.The product that contributed the most to the company’s overall performance was air-conditioning foil (air-conditioning foil revenue accounted for 34 in 2018.5%, gross profit accounted for 37.1%), but the product with the highest gross profit margin is lithium aluminum foil (gross profit margin was 25% in 2018, and the revenue accounted for 4%.7%, gross profit accounts for 12.9%).The company’s traditional aluminum processing products are stable in profits and the structure is constantly optimized, and the main growth point in the future is lithium aluminum foil.According to the prospectus, the company initiated the design capacity of lithium aluminum foil.4 spring / year, 2018 production is 1.8 For the first time, through continuous release of production capacity, performance has continued to grow. The demand for lithium battery aluminum foil is increasing, and the barriers are high.Lithium-ion batteries use aluminum foil as a discrete current collector. In the future, the sales of new energy vehicles will continue to grow. The demand for lithium-ion aluminum foil will also maintain a rapid growth, and the rapid development of energy storage will also drive its demand growth.In addition, lithium battery aluminum foil has high technical barriers and customer certification barriers (usually more than three years), but once the certification enters the enterprise supply chain system, it often forms a stable cooperative relationship.As a result, new entrants face barriers to certification, and the company builds higher barriers with first-mover advantage. Investment Advice.The company’s EPS for 2019-2021 is expected to be 0.65, 0.92, 1.33 yuan / share, corresponding to the current sustainable PE is 31, 22, 15 times.With reference to the expected level of comparable companies, comprehensive consideration of the company’s 南京桑拿网 business structure, the position of the lithium battery aluminum foil leader, and the expected growth rate of performance, we believe that giving the company 30 times PE in 2020 is reasonable and the corresponding company’s reasonable value is 27.70 yuan / share.Considering the company’s lithium battery aluminum foil business expansion and the downstream new energy automobile industry booming, the company’s first coverage was given, giving the company a “Buy” rating. risk warning.The new production capacity was put into operation at a lower pace than expected; downstream NEV demand was lower than expected.

[Efficacy and role of rice banana]_Benefit_Necessary

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[Efficacy of Dendrobium Dendrobium Lean Broth]_Benefit_Prerequisite

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Bank of Beijing (601169): Revenue growth rate is bright and proactively increase provisioning

Bank of Beijing (601169): Revenue growth rate is bright and proactively increase provisioning

Event: Recently, Bank of Beijing released its 2019 half-year results, and the company reported and realized operating income of 327.

42 ppm, an increase of 19 years.

64%; net profit attributable to shareholders of the parent company is 128.

69 ppm, a ten-year increase of 8.

56%; EPS (diluted) is 0 each time.

61 yuan, an annual increase of 8.

92%; company non-performing rate 1.

45%, an earlier decline of 0.

01 averages.

Opinion: Provisions dragged down earnings, and net interest margin rebounded slightly.

In the first half of 2019, the company’s revenue and net profit attributable to mothers increased by 19 each year.

64% vs. 8.

56%, the growth rate is in the midstream of listed banks, and earnings have maintained positive growth.

It is obvious that the net profit growth before provisioning was 24.

7%, achieving double-digit rapid growth.

The main contributors to the growth of net profit were the increase in the size of interest-earning assets, the increase in investment income, and the increase in net interest margin, while the provision for growth increased52.

4% is the most preliminary drag on the growth rate of net profit.

In the first half of the year, the company’s net interest margin level rebounded slightly and continued to improve: the 2019 Q1 interest margin was 1.

86% in the second quarter of 2019 was 1.

95%, mainly due to the increase in loan size of high-yield customers and enhanced bargaining power.

Pressure on asset quality persists, and attention is being paid to the decline 杭州桑拿 in loan migration rates.

In the first half of 2019, the company’s overall poor implantation1.

45%, a decrease of 1BP from the end of 2018, but from a month-on-month basis, the company’s non-performing loans increased by 1.
.

40%, pressure on overall asset quality still exists.

But the only thing that the company is concerned about is the loan migration rate from 89.

25% (2018) of 37 abortions.

38%, meanwhile, the company continued to advance the write-off of non-performing loans, with a write-off scale of 45 in the first half of the year.

33 ppm, an increase of 49 per year.

65%.

We believe that through the improvement in asset quality and the reduction of the company’s provisioning pressure, the provision of supplementary profits will lead to a more substantial increase in the company’s profit.

Spreads 淡水桑拿网 were driven by online business, and fintech service capabilities continued to increase.

The report summarizes that the company used online business to quickly build public online loans, retail online loans, anti-fraud platforms, and risk control model platforms, comprehensively promoted joint loans, loan assistance, and self-built scene online projects, and stopped online business at the end of June.It reached 141 ppm, an earlier increase of 123 ppm, and an average interest rate of 10.

2%, driving the bank’s net interest margin to increase by 3bp.

In the first half of 2019, it released a service plan for science and technology board to support 28 companies that have been replaced by science and technology board, with cumulative credits exceeding US $ 3.7 billion.

The total number of members of the Zhongguancun Little Giant Maker Center has exceeded 1.

80,000, gradually to 2.

60,000 technology-based small and micro enterprises provide more than 500 billion credit funds.
In the first half of the year, the balance of technology finance loans was 152.6 billion, exceeding the 150 billion mark, setting a new benchmark for technology and financial services.
Earnings forecast and rating: We predict that Bank of Beijing will achieve operating income of 617 in 2019, 2020 and 2021.

3.7 billion, 664.

1.9 billion and 714.

8.9 billion yuan; net profit attributable to the parent company was 210.

1.7 billion, 225.

06 ppm and 238.

12 ppm, the corresponding benefit is 1.

00 yuan, 1.

07 yuan and 1.

13 yuan, maintaining the company’s “overweight” rating.

Risk factors: 1. The macroeconomic growth rate does not meet expectations and affects asset quality; 2. The cost rises too quickly and affects profit levels.

China Merchants Securities (600999): Achieving a Beautiful Growth and Expected Development

China Merchants Securities (600999): Achieving a Beautiful 南京夜网论坛 Growth and Expected Development

China Merchants Securities has disclosed the 2019 performance report in 2019, and the company’s performance is expected to increase by 26.

55 to 30.

9.7 billion yuan, an increase of 60% to 70% each year.

The non-recurring profit or loss attributable to shareholders of listed companies will increase by 26 compared with the same period last year.

7.1 billion to 31.

140,000 yuan, an annual increase of 60% to 70%.

The reported income from the company’s brokerage business, investment business, and investment banking business all achieved conversion growth over the previous year.

  The brokerage business benefited from the active market trading, and the significant increase in performance was due to the increase in the company’s brokerage business income, which was mainly due to the increase in the stock-based trading volume of the A-share market.

In 2019, the domestic securities market was active, with the average daily trading volume of stock funds in the two cities being US $ 510.8 billion, an increase of 41%.

  The investment banking business is oriented towards revenue generation. It is expected that IPO income will contribute to the investment banking business of large companies. The investment banking business will be oriented towards revenue generation, giving full play to the revenue-generating capabilities and value traction of investment banks.

In 2019, the total amount of equity underwriting of the company was 436.

34 trillion, 28 equity underwriting.

13 projects successfully passed the IPO, with a passing rate of 100%; the IPO underwriting amount was 141.

9.6 billion, ranking fourth in the industry; 12 underwriting IPOs, ranking sixth in the industry.

  Investment business grasps market potential and releases performance flexibility. The increase in investment business income of the company is expected to benefit from the recovery of the stock market and the increase in equity investment income. Second, due to the increase in investment scale of fixed income business, the increase in investment income also increased.

The company’s investment income (plus changes in fair value) in the first three quarters increased.

98%.

  Employee Shareholding Plan Enhances Investor Confidence The company launched the Employee Shareholding Plan Enhancement Plan on October 16 to help promote the company’s stock market price to match the company’s long-term intrinsic value.

  The investment proposal is for capital market reform. The company is expected to make further achievements in the areas of marketing expansion, expenditure, transformation, and stable operation. We maintain the rating of “overweight”.

  Risks suggest that market decline will bring uncertainty to the performance of brokers and estimated repairs.

Changyang Technology (688299): Multi-point flowering layout of optical film segmentation faucet for future growth

Changyang Technology (688299): Multi-point flowering layout of optical film segmentation faucet for future growth
Global reflective film leader, entered the optical base film market company’s main reflective film, backplane base film, optical base film and other functional films, downstream is mainly used in liquid crystal displays, semiconductor lighting, new energy, semiconductor flexible circuit boards and other fields.The reflective film company broke the import monopoly in 2012 to achieve domestic substitution, and in 2017 it achieved the world’s largest market share.On this basis, the company entered the field of optical base film with higher barriers, February 2018.5 The production capacity of the optical film base film was successfully put into production and successfully broke the import monopoly.  Terminal throughput stabilized, average size increased, and global demand for reflective films has steadily increased. With major downstream transitions such as LCD TVs and LCD displays steadily, the size of a single device has been increasing year after year. Global LCD panel demand has continued to grow steadily, driving reflective films.Demand is growing steadily.According to IHS Markit statistics, the reflective film market for liquid crystal displays in 2018 was 2.2.2 billion square meters, an increase of 9 in ten years.34%. It is estimated that by 2022, the global market demand for reflective film for liquid crystal display will reach 2.5.5 billion square meters, composite materials for 2019-2022 3.15%.  Global LCD production capacity is shifting to mainland China, and domestic demand for reflective films is growing rapidly. According to our statistics, domestic LCD panel production capacity is about 80 million square meters in 2017 and about 108 million square meters in 2018. It will increase to about 145 million 杭州桑拿网 square meters by 2019.Reached nearly 20,000 square meters.The growth rate in 19-21 is still considerable, and the throughput of manufacturing companies has gradually climbed, and the demand for reflective films will increase faster than the capacity.  The photovoltaic industry has stabilized and rebounded, and the demand for the backplane base film has stabilized and improved. The new policy of 531 in 2018 has temporarily reduced the trough of the photovoltaic industry. Through the realization of affordable Internet access, the photovoltaic industry will gradually stabilize and rise.It is estimated that the annual global PV backsheet base film demand in 2019 will be 2.86, 7.8 billion square meters.It is conservatively predicted that the global demand for backplane base films will reach 7 in 2020, 2021 and 2023, respectively.8.5, 9.800 million square meters, the domestic demand for backplane base film will reach 2 respectively.6, 2.9, 3.600 million square meters; optimistically predict that the global demand for backplane base film will reach 8 in 2020, 2021 and 2023 respectively.5, 10.1, 11.400 million square meters, the domestic demand for backplane base film will reach 3 respectively.3, 3.9,4.600 million square meters.  Fund-raising projects have opened up capacity growth, and more points have been laid out for future growth companies to raise funds for IPO.$ 2.9 billion, invested 90 million square meters of reflective film, 50.4 million square function film, 30 million square semiconductor package release film, 10 million optical film and other projects, gradually expanding the company’s production capacity, replacing the new layout of deep processing functional film, semiconductor packagingRelease film, high-end optical film and other projects will further open up the market space for the company’s future growth.  It is expected that the company’s net profit attributable to the parent in 2019, 2020 and 2021 will be 1.20, 1.71, 2.180,000 yuan, the growth rate is 35%, 43%, 27%, not rated for the time being.  Risk analysis: The risk of LCDs being replaced by OLEDs to replace the consumption of optical films; the risk of raising production capacity; the risk of increased competition in the industry; the risk of price fluctuations in raw materials;

Are you easy to meet?

Are you easy to meet?

In winter, some individuals are skiing on the slopes.

There is a sunken hole in front of it, and a huge bear is hibernating above . But the skier is completely unaware of all this.

Excuse me, what will happen to this person?

  a, fell into the hole and suffered a bear attack b, easily jumped over c, someone told him that there was danger and changed the direction d, and when you suddenly got into trouble and then something happened, you would push your fault on the opponent.

And, because you always want to go to the bad place, sometimes you obviously get better income, and it will become very bad and can’t be cleaned up.

  Choice B: This kind of person is quite brave and decisive, and also very confident in his own efforts and talents. When he encounters setbacks, he will arouse his inner will to fight. Such people have a very low level of dissatisfaction.

  Choice C: There are many enthusiastic friends around you. As long as you have difficulties, they will invariably help you in the opposite direction. You are the kind of person who can help you.

Therefore, this person’s way of thinking is very optimistic, and even dissatisfaction can be resolved satisfactorily.

  Choice D: This kind of people like to have beautiful daydreams. They seem to have a strong interest in things like fortune telling. This type of people is very aware of things like fortune and luck and think that things are not smooth.It’s all bad luck.

5 mutton soups make life more enjoyable

5 mutton soups make life more enjoyable

The mutton is sweet, warm and non-toxic, and enters the spleen and kidney.

Its effect is to nourish qi and tonic, and warm under moderate temperature.

Governance is debilitating and thin, waist and knees are weak, postpartum deficiency is cold, abdominal pain is cold hernia, and deficiency is nauseous.

If you can formulate medicine, meat, stew, soup and meat together, or drink soup or eat meat, the power of filling the kidneys and helping the Yang things is better than the lamb’s food.

  ● Angelica ginger and mutton soup recipe: 10 grams of angelica, 30 grams of ginger, 250 grams of mutton.

Decoction for juice, stew mutton, and serve in soup.

  Efficacy: warming the liver and nourishing the blood, dispersing cold and warming the kidney.

  Indications: Deficiency, coldness, lack of energy, yawning, or cold abdominal pain, or postpartum blood deficiency in women.

  ● Wuzi Yanzong mutton soup recipe: 15 grams of Chinese wolfberry, 15 grams of dodder, 10 grams of schisandra, 15 grams of raspberry, 10 grams of psyllium, 250 grams of lamb.

  Efficacy: Filling the essence and replenishing the marrow, relieving kidney qi.

  Indications: Kidney deficiency and nocturnal emission, impotence, premature ejaculation, endless urination, prolonged infertility and other symptoms.

  ● Morinda mutton soup formula: Morinda officinalis 15 g, Fairy spleen 15 g, Curculigo 15 g, Lamb 250 g.

  Effect: kidney and impotence.

  Indications: beside the scrotum of kidney deficiency, yang matters are not lifted or held up, or dream remains.

  ● Abstract Jizhongfang formula: 10 grams of velvet antler, 30 grams of white keel, 15 grams of dogwood meat, 250 grams of mutton.

  Effect: Bushen Astringent.

  Indications: Deficiency of kidney yang, premature ejaculation of ejaculation, turbidity of the urethra are common, urine is thin and silky, accompanied by fatigue and low back pain.

  ● Astragalus jianzhong mutton soup formula: 10 grams of cinnamon sticks, 15 grams of peony, 10 grams of ginger, 10 grams of jujube, 6 grams of licorice, 250 grams of mutton.

  Efficacy: Jianpi Yangshen.

  Indications: Deficiency in cold stomach pain, hi warm and happy press, sore limbs, waist and leg weakness, frequent nocturia.

  People should pay attention to the cold and fever or yin deficiency and fever in patients undergoing the above medicated diet therapy.

How far is the psychological problem from the business

How far is the psychological problem from the business

Attentive people will find that successful entrepreneurs are generally older than their actual age.

The boss of a domestic private enterprise, only forty years old, has white hair climbing to the horns.

As a result of the incident, under long-term tremendous pressure, his body was weak, and his stomach had a tumor, and he was forced to be admitted to the hospital.

On the hospital bed, the person is acute and older. However, everyone knows that after leaving the hospital, it is not a comfortable and comfortable life to greet him. It is still a brutal and fierce market competition.

Shortly after he was discharged, he was rushed to the hospital again because of a myocardial infarction, and his life was at stake.

The judge’s chief illness is related to psychological factors.

A small survey found that the physical condition of entrepreneurs is worrying.

  At present, experts at home and abroad have researched and analyzed the phenomenon of cheating that seriously endangers the health of managers.

The results show that the top ten killers of human health in the 1990s were all diseases related to psychological factors.

Entrepreneurs are at high risk for many diseases.

  This seems alarmist.

Some countries have already attached great importance to the psychological problems of enterprises.

Many international corporate psychological service organizations have also been reborn.

For example, the “Employee Program” (EAP) in the United States.

Of the world’s 500 largest companies selected by Fortune Magazine, more than 80% have set up “psychological service projects”.

  However, the psychological problems of Chinese enterprises have not yet received sufficient recognition from the business community.

Especially in most domestic enterprises, the application of psychology is almost blank.

Too many managers’ ideas and models remain in the Taylor era.

Therefore, some people make a figurative metaphor: psychological services are a necessity for the past, a luxury for the backward countries, and a condiment for the top.

Corporate psychological problems can not be relieved for a long time, and it is inevitable to affect the healthy development of enterprises and enterprise managers.

  So, what are the common psychological fragility of enterprises?

  Stress Stress is the sword of Damocles hanging above the heads of business managers.

  Psychologists believe that one of the most serious problems facing modern people is stress.

No one can cause stress.

Numerous psychologists, medical scientists and consultants at home and abroad have conducted extensive stress response research.

Dr. Selje, who most noticed, found that the human body responds to stress in three stages: alertness, resistance, and exhaustion.

During the alert phase, the human body pays attention to the stressor and prepares to fight or avoid it.

During the confrontation phase, the human body overcomes the damage caused by stress on its own.

However, if the stressor does not disappear, the body must remain vigilant because it cannot overcome the damage it has suffered.

In this way, you enter the third stage-exhaustion stage.

If this condition persists, your immune system may be damaged.

That’s why the physiological mechanisms that make entrepreneurs susceptible to disease.

  Actually, a lot of pressure is unnecessary.

The numbers below may renew your concerns.

  1) 40% of people’s concerns never happen.

  2) 30% of concerns are related to decisions made in the past and cannot be changed.

  3) 12% of worries focus on criticism caused by others’ inferiority.

  4) 10% of anxiety is related to health, “the more serious” the problem becomes more serious.  5) Only 8% of concerns can be included in the “reasonable” range.

  What reminds us more is that among the tension factors caused by the “reasonable” range, less than one-tenth of the problems are really worth having.

The remaining nine problems can be solved by learning to eliminate them.

  Interpersonal boredom psychologists have done such an interesting experiment, confining each other’s pleasing subjects in pairs in a small room.

With the increase of the time spent with each other, the time for participants to interact with each other decreases.

In the end, each other turned a blind eye and said nothing, the room was filled with a quiet, solemn atmosphere.

  This experiment shows that the human body as an information processing and comprehensive needs system, not only needs to maintain the optimal level of stimuli it receives, but also needs to maintain the matching and balance of various stimulus substitutions.

Interpersonal communication is important to entrepreneurs, but at the same time, people’s needs for it do have certain limits.

  The reason why entrepreneurs are so miserable about making up for the social suffering is that their social interactions are too alternating and the opportunity to be alone is deprived.

  Poor time management Time is probably the most precious thing for entrepreneurs, and it is also the most lacking.

The boss of a company said, “Everything is awkward. You must do this thing. You ca n’t do it if you don’t do it.” Once this chaotic and disorderly feeling appears in your mind, it is a kind of mentalThe appearance of obstacles.

  The initial cause of this psychological problem is the lack of previous meticulous planning and the lack of courage to implement the plan.

In fact, if everything is planned, people will have extra buffer time.

We do n’t prevent you from doing an experiment. You can list in detail the things you might do the next day, and rank them according to their priorities, and then mark the time required to complete each thing behind the corresponding thing. You will be surprised.It turned out that there were so many hours in a day!

  Communication barriers

Raymond L.

Hilgert said that in every organization I encounter, poor communication is a fundamental problem it faces.

From interpersonal misunderstandings to financial, operational and production issues, everything is related to inefficient communication.

American famous management scientist Richard M.

Hodgetts has also said deeply that poor communication is a basic cause of inefficient organization.

Poor communication in the enterprise mainly comes from two aspects, one is from top to bottom communication barriers (from managers to employees), and the other is from bottom to top communication barriers (from employees to managers).

Downward communication is prone to information inflation.

The more you pass, the more likely it is to swell and distort.

  Here is an interesting example: The boss told his secretary: “Check how many of us work in Shanghai. The chairman will ask about this situation on Wednesday’s meeting. I hope to be more detailed.

“The company secretary called and told the secretary of the Shanghai branch:” The chairman wants a list and files of all the staff in your company. Please prepare. We need two things. ”

The secretary of the branch company also told its manager: “The chairman wants a list and files of all the staff in our company. There may be other materials that need to be replaced as soon as possible.

“The next morning, four big boxes of airmail arrived at the company building.

  Bottom-up communication includes work performance reports, suggestion boxes, employee attitude surveys, submission procedures, etc. provided by subordinates.

Upward communication is prone to information compression effects.

Generally, good news is reported upwards, and bad news is filtered.

As a result, senior managers did not understand the situation, which led to wrong decisions.

  There is a potential damaging factor for corporate communication errors. It is like a large invisible net and sometimes even triggers extreme events.

  Employees ‘occupational ill-health in modern human resource management, the negative impact of employees’ occupational mental health on employees and their organizations has received more and more attention.

In fact, any event related to personal life and personal work may affect the occupational mental health of employees.

To sum up, the typical occupational psychological problems can be summarized into the following four aspects: 1. Cognitive impairment-inability to focus attention-unbearable work stress-emotional damage-inferiority and discrimination.

  2. Worry about depression-anxiety and loss-bleak career prospects-lack of self-control.

  3, bad hobbies (such as: smoking and alcohol abuse)-violent tendencies-suicidal thoughts-family or marriage failure.

  4, environmental adaptation difficulties-interpersonal difficulties-cultural conflicts.

  Occupational psychological problems of employees will inevitably seriously affect the normal lives of employees and the achievement of organizational goals.

They can cause employees to cause physical illness, reduce quality of life, increase dissatisfaction with work and life, and even behave abnormally.  The consequences for organizational operations are often manifested as: increased absenteeism, increased turnover, increased accident rates, reduced work efficiency, reduced work enthusiasm, and expanded resource management-such as for recruitment, training and medical expenses.
  Consequences What kind of consequences will the psychological defect of the enterprise bring to the enterprise?

  The first is the health of business leaders.

Due to the special working conditions and social roles of entrepreneurs, their chances of seeking psychological help and venting are usually less than those of other groups.

Many entrepreneurs show good psychological qualities, but deep in their hearts are many hardships and helplessness.

  Therefore, the rate of scientists suffering from cardiovascular diseases, digestive system diseases, immune system diseases and endocrine system diseases is significantly higher.

  In industrially developed Japan, such a term is popular: Too old to die.

It means “the pressure caused by being forced to work hard exceeds the threshold that can be sustained, leading to death from high blood pressure or stroke”.

  In addition, the biggest threat to business leaders is the misgivings.

When Fang Hong, the general manager of Shanghai Volkswagen, jumped down from the fifth floor, it really caused a great shock in the corporate world: psychological problems are with us.

  In fact, a lot of despair is caused by those little-known “distress and helplessness” that have not been properly dealt with.

Often, they send signals to people around them for help many times before committing suicide, but it is generally difficult for people who lack psychological knowledge to detect such signals.

  U.S. data indicate that suicide rates are lowest among blue-collar workers, while administrative occupations such as managerial ranks have the highest suicide mortality rates among executives.

  Psychological harm is not always destroying the health of entrepreneurs, and it has also seriously affected enterprises.

Because the psychological condition directly affects a person’s decision-making, organization, communication, and other capabilities, these capabilities are fatal to a manager. Many companies’ decision-making errors, interpersonal conflicts, and risk taking are directly related to the psychological status of the entrepreneurRelationship.

Due to the psychological neglect and ignorance of people in enterprises, many avoidable adverse consequences have occurred.

  People have their own personalities, and they have their own personalities as well.

For example, democratic, authoritarian, laissez-faire, and so on.

The character of an enterprise is a material externalization of the character of an entrepreneur.

There is a famous saying in psychology: personality determines fate.

The fate of an enterprise is also determined by the character of the enterprise.

The character of an enterprise means the character of an entrepreneur.

  So, in a sense, it is not an overstatement for an entrepreneur to determine the fate of an enterprise.

  Solution: Due to the oversupply of some internal workers and the quality requirements of employees, some managers do not respect employees.

However, from the perspective of the long-term development of an enterprise, the key factor in the development of an enterprise is people. The competition between enterprises is, in the final analysis, the competition of talents.

An enterprise wants to be invincible in the competition of the business world forever, and it is difficult to give up attention to people.

  An important aspect of paying attention to people is to pay attention to their psychological needs.

From a psychological perspective, consider their problems in communication, professional mental health, interpersonal conflict and motivation.

  In fact, in Europe and the United States, companies use a method called employee assistance programs to solve the psychological distress of employees in enterprises.

After years of development, it has been proven to be an excellent solution to the problem of mental illness among corporate employees. Some data show that 80% of the top 500 US companies use the employee assistance program. In China, we advocate the employee assistance program and have obtained some researchAnd practical experience.