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Beauty cosmetics： research and development enhance product strength, and large single products tamp the moat.

Beauty cosmetics grow in differentiation and gain momentum in evolution: summary and prospect of 2021 annual report and 2022 first quarterly report

In 2021, A-share brand beauty enterprises showed high growth and strong consumption resilience as a whole; In 2022Q1, under the influence of local epidemic, the growth and profitability of various companies intensified and differentiated, and Betani/Huaxi/Polaiya performed significantly better than the industry. Looking forward to the whole year of 2022, it is expected that research and development will enhance the product strength, and large single products will consolidate the moat; Digging deep into the channel stock and actively grasping the increment are the common efforts of the industry. Huaxi Bio, Polaiya, Betani, Kos and Jiaheng Jahwa are mainly recommended.

▍ In 2021, six A-share brand beauty companies:

The operating income all achieved positive growth, with the total operating income of+33.1% year-on-year, and the growth rate of Huaxi biological functional skin care products ranked first, with+146.6%, showing high growth and strong consumption resilience as a whole; The total attributable net profit was+8.8% year-on-year, and Bettini’s growth rate was the highest, at+58.8%; The gross profit rate is 58.7% ~ 79.0%, and the gross profit rate of Zhonghua Xi biological skin care products ranks first; The overall sales expense rate is on the rise, among which the promotion expense accounts for the largest proportion in the expense breakdown, and the promotion expense rates of Huaxi/Polaiya/Betani are 36.3%/36.1%/31.1% respectively; The R&D expense ratio is 1.7% ~ 5.7%, and Huaxi’s R&D expense ratio far exceeds the industry average. The net interest rates of Betaine/Huaxi (overall)/Marumi/Polaiya are 21.5%/15.7%/13.5%/12.0% respectively. 2022Q1: The income, profit growth rate and profitability differentiation of brand companies have increased, and Betani/Huaxi/Polaiya performed significantly better than the industry.

▍ China beauty market: low penetration rate, low concentration, large room for single brand growth, multi-brand and collectivization are still in the initial stage.

According to Euromonitor data, in 2021, the per capita consumption of beauty care in China is about 405 yuan, and that in the United States/South Korea/Japan/Europe is about 1,995/1,630/1,597/1,248 yuan respectively; In 2021, the retail sales of beauty cosmetics and personal care in China will be about 33.3%, while those in Korea/the United States/Japan/Western Europe will be about 49.8%/41.1%/36.8%/35.8% respectively. In 2021, the market sales of L ‘Oré al Group, Estee Lauder Group and Shiseido Group in China were about 69.8 billion yuan, 30.8 billion yuan and 19.9 billion yuan respectively, while the leading enterprises in China generally did not exceed the terminal scale of 10 billion yuan. From the perspective of single brand, in 2021, the retail sales of L ‘Oré al Paris, Lancome and Estee Lauder in China market will be 23.4 billion yuan, 17.8 billion yuan and 15.8 billion yuan respectively, while the multi-brand and collectivization of China’s beauty products are generally still in the initial stage; In the next five years, China beauty brands will go to sea as the general trend; In 2021, the global sales of L ‘Oré al Group and Estee Lauder Group were 349.8 billion yuan and 126.8 billion yuan respectively. The global sales of single brand L ‘Oré al Paris was 92.1 billion yuan, Lancome was 43.4 billion yuan and Estee Lauder was 35.9 billion yuan.

▍ China Beauty Evolution and Trend: R&D enhances product strength, and large single products tamp the moat; Dig deep into the channel stock and actively grasp the increment.

At present, the consumption upgrade has temporarily encountered a phased bottleneck, consumers are more rational in purchasing beauty products, and product strength plays a more important role in purchasing decisions; After several years of accumulation, the product strength of local brands has generally increased. Huaxi Bio and Betani have driven product innovation with raw material innovation in their respective tracks, gradually forming China beauty features and consumer minds; Huaxi follows the path of "science → technology → product → brand", and it is expected to maintain the R&D expenditure rate of about 6% in the future, or create its own "Bose Cause" and "Pitera" of China beauty brand; Bettini strengthens the geographical "franchise value" based on the characteristic plants of Yunnan alpine-it is difficult to imitate, and it is even more impossible to copy. Polaiya’s big single product strategy has entered the harvest period, and Betani Winona, Huaxi Runbaiyan /BM Muscle Activity and other big single products have achieved remarkable results in promoting sales, raising profits and fixing stickiness. In 2021, the proportion of online income is: Proya 85% > Betani 82% > Huaxi Bio * 78% > Marubi 60% > shanghai jahwa 42%. As far as Amoy Department is concerned, the volume of local brands is still far lower than that of international head brands. Digging deep into Amoy Department and grasping emerging channels such as Tik Tok are the common paths for local leaders to continue to increase their share.

▍ Risk factors:

Under the repeated local epidemic, residents’ willingness to buy declined, affecting optional consumption such as beauty; International brands make great efforts to promote sales through multiple channels, eroding the share of local brands; New product sales failed to meet expectations; Traffic, product promotion, etc. erode performance.

▍ Investment strategy.

Looking forward to the whole year of 2022, the local beauty industry chain in China will continue to evolve and move forward: although the growth rate of the industry has slowed down, the growth rate is still in the forefront of all kinds of consumer goods, and there is a broad space for a long time.

Main line 1: Relying on R&D and track product strength, strong operational capability, emerging channels and other factors, the differentiation will be further enhanced, and multi-brand and collectivization will also enter a new stage. Huaxi Bio (functional skin care products maintain high growth and profitability tends to improve), Polaiya (big single product strategy enters the harvest period, and the second brand Caitang grows at a high speed) and Betaine (main brand Winona has high barriers and is a new brand. It is suggested to pay attention to the development of Marubi and Lushang.

Main line 2: With the implementation of the new regulations, the beauty supply chain has greatly improved the industry threshold, and the concentration trend is upward. It is mainly recommended that Kesi shares, the beneficiary of the new regulations at the raw material end, and Jiaheng Jahwa, the beneficiary of the improvement of the competitive pattern.

This article comes from financial circles.

Beauty cosmetics make up lessons for the past high growth and gain momentum for the future high growth.

During the platform period of industry development, the focus of each beauty leading work is divided, and at the same time, there are commonalities in creating large single products and expanding the ecological circle; Local brands are generally making up lessons for the rapid development of the previous stage and gaining momentum for the development of the next stage. Looking forward to the second quarter, both the demand side and the supply side of beauty cosmetics are improving marginally, and the low base caused by the epidemic in the same period last year is superimposed. The industry growth rate and sector valuation are expected to bottom out. However, due to the lack of driving force at the bottom, the recovery rate may be limited.

▍2023Q1, "optional" is superimposed with "fast-disappearing", which hinders the growth of beauty.

From January to February, 2023, the National Bureau of Statistics showed that the retail sales of cosmetics above designated size was+3.8% year-on-year, and the growth rate dropped by 3.2pcts； year-on-year; According to the magic mirror data, Amoy beauty cosmetics were-18.9% year-on-year (skin care was-16.9%, and makeup was-23%); According to cicada mother’s data, Tik Tok’s beauty cosmetics maintained a positive growth, and the growth rate dropped sharply year on year. According to the magic mirror data, Tmall’s 3.8 festival was greatly promoted, and the sales of skin care/make-up/beauty instruments all showed a significant decline. The impact of epidemic situation on purchasing power, frequent and vigorous promotion in the past, purchase behavior beyond real demand in live broadcast scenes, high "home" inventory, and the current introverted investment of brands and platforms in the off-season, efforts to reduce the dependence on promotion and promote daily sales are the main reasons for the unsatisfactory performance of beauty cosmetics in the first quarter.

▍ Differentiation and commonness coexist in the platform period of industry development, and medical beauty and skin care scenes are integrated.

During the platform period of industry development, the focus of brand work is divided, and at the same time, there are commonalities in building large single products and expanding the ecological circle.

1) Differentiation: international brands, raising the price of classic products and speeding up the innovation to maintain high-end positioning and brand image; Local brands make up lessons for the rapid development of the previous stage and prepare for the development of the next stage. For example, Huaxi Bio’s four major brands have been upgraded, in which Runbaiyan has changed from moisturizing and hydrating to hyaluronic acid technology to repair aesthetics, and Quadi has taken the initiative to slow down and promote the creation of anti-aging mind with more energy; Winona, Bettini’s main brand, will streamline SKUs and sort out channels; Giant creatures maintain the dominant position of dressing while exerting their strength in functional skin care products;

2) Commonality: Large items have both scale benefits and brand effects, which is the common direction of all beauty cosmetics leaders; Seeking the second growth curve and laying out multi-category and multi-brand skin care products, medical beauty equipment and functional food and beverage around "beauty" and "health" have become the common direction of Huaxi Bio, Betani, Polaiya, Marubi and other companies. Concept and new marketing direction: fine efficacy, integration of medical beauty and skin care scenes. The effects of anti-aging and repair are refined according to the induced reasons, product action mechanism and application scenarios, and the whole-layer anti-aging has become a common hot spot in skin care and medical beauty; AOXMED and other brands entered the blue ocean market for immediate and recent repair and efficiency improvement after light medical art.

▍ Outlook for the second quarter: After the winter, the industry growth rate and valuation are expected to bottom out.

On the demand side, further economic recovery, further recovery of business, social and tourism scenes and gradual digestion of "family" inventory will promote demand recovery; On the supply side, it entered the last season in April, and continued to plant grass in May, and it was greatly promoted in June 18. To sum up, superimposed on the low base caused by the epidemic in the same period of 2022Q2, the growth rate of the beauty industry in the second quarter is expected to bottom out; However, at present, there is a lack of large driving force at the bottom, and the rebound height is limited.

In terms of valuation, considering the development stage of China’s beauty cosmetics and the growth rate of the leading brands, we think that the PE of the A-share beauty brand leader is around 40x, and the PE of the H-share beauty brand leader is around PE30x. Factors such as reducing holdings may lead to a large deviation in the short term, but the growth resilience of the industry and the company in the medium term will promote the valuation repair.

▍ Risk factors:

Beauty cosmetics and medical beauty are optional consumption, and the recovery progress after the epidemic, insufficient willingness to consume, sustained recovery, etc. may have negative effects; Strict supervision or exceeding expectations; The progress of product development or approval may be less than expected, which will have a negative impact on performance.

This article comes from a selection of brokerage research reports.

Visiting the First Baseball Village in China： How does a ＂baseball＂ incite rural development？

Baseball hall experience hitting baseball photo by Hu Fengsheng

Jiaxing, China, May 10 (Hu Fengsheng, Liu Mengru) Xujiadai Village, located in Lindai Town, pinghu city, Jiaxing City, Zhejiang Province, was once a well-known pig-raising village, but now it has turned into the "No.1 Baseball Village in China". What is the development mystery hidden in it?

On May 10th, the reporter went into Xujiadai village to find the answer to the punching place of baseball in online celebrity, a remote village.

"Misplaced Development" Seeking Opportunities

The commentator explained at the baseball stadium. Photo by Hu Fengsheng

Liu Jianqun, Party Secretary of Xujiadai Village, is known as the "baseball secretary". In fact, before becoming a village cadre, Liu Jianqun worked as a professional manager for 12 years, and it was this professional experience that made him keenly capture new opportunities for rural development. When dealing with local Japanese enterprises and enterprises in Taiwan Province, China, Liu Jianqun found that baseball is a sport that many executives and employees are keen on, but because there is no venue in Pinghu, they often need to drive to Shanghai to play.

Why not seize this opportunity and aim at the baseball market? The idea took root in Liu Jianqun’s heart.

After a deep understanding of baseball, Liu Jianqun made it clear that this is the ideal direction for the development of Xujiadai Village: "In China, baseball is still relatively small, so we can’ misplace development’ and do something’ no one has me’. Since we want to revitalize the countryside, we must revitalize our characteristics." He embedded sports in rural revitalization.

In November 2018, the Xujiadai Baseball Base was completed, becoming the first "country baseball field" for young people in China that meets the standards. At the same time, Liu Jianqun traveled to Beishangguang and other places to contact and undertake baseball games. In 2019, the first event, the Yangtze River Delta Deer League Baseball Game, was ushered in, which was the first appearance of Xujiadai Baseball Base.

Since then, the village has successively hosted more than 30 national and provincial baseball and softball competitions, and has been promoted to the U10 training base of China Junior Baseball, gaining the reputation of "the first baseball village in China".

Baseball field not only enriches the daily life in the countryside, but also develops a juvenile baseball team that has won trophies frequently in national and provincial competitions. Chen Jingyan was one of the 24 players selected by Lin Dai Xiaolong People’s Baseball Team when it was first established. He was successfully selected into the main list of the National Youth Baseball Team in this year’s U15 national youth baseball team selection activity, and was also the only player finally selected in Zhejiang.

Deep integration promotes development

Visit the baseball field on the spot. Photo by Hu Fengsheng

In the changeable market environment, Liu Jianqun is more and more aware of the importance of the vertical development of the baseball industry, and set out to build a "baseball culture experience hall" to broaden the boundaries of the baseball industry in Xujiadai Village.

In order to improve the supporting facilities of baseball base, Xujiadai Village expropriated idle houses and transformed them into seven baseball theme homestays. At the same time, the first comprehensive baseball culture exhibition hall integrating baseball display and sales, product research and development, experience and entertainment will be built in China to further strengthen the baseball culture atmosphere.

Liu Jianqun transferred the idea of running a company to running a village, and established Jiaxing Country Garden Culture and Sports Tourism Development Co., Ltd. in Xujiadai Village, adopting the model of "company+social capital+villagers", allowing villagers to participate in the company’s operation and share dividends, so as to help them increase their income.

In recent years, the baseball field has continuously strengthened industrial attraction, promoted the construction of key projects such as adult baseball field and catering complex, fully activated the development potential, empowered beautiful countryside with sports, endowed the urban and rural features with beauty, and promoted the common prosperity of the United States.

Xujiadai Village skillfully combines baseball culture with rural tourism to create a village-level rural garden complex scenic spot integrating leisure sightseeing, catering accommodation, baseball games (training) and folk experience, and has successively attracted Spark Farm, Dayin Farm, Eight Bowls of Catering, Wulu B&B and other projects to enter the scenic spot to promote the deep integration of agriculture, culture and tourism.

With the baseball industry getting better and better, baseball is gradually integrated into the lives of local villagers. "We have introduced baseball into students’ daily after-school evening care, and students in evening care can practice baseball for one hour every day." Mo Yun, a member of the Party Committee of Linyi Town, introduced.

It is reported that starting from May this year, Xujiadai Village is about to enter a four-month competition season, and several competitions, such as the 2023 "Jinping Lake Cup" cross-strait youth slow softball invitational tournament, the U10 Group of the National Junior Baseball Championship, and the baseball and softball of the 10th Jiaxing Sports Meeting, are about to start fierce competition and competition in this baseball field. (End)

＂Game inventory＂ reorganizes itself before the end of this year, and then welcomes itself next year.

Author: Yunji

Another year has passed. Surely you have changed a little more than last year? Maybe there are some good things that happen, maybe there are some bad things that affect my mood for a year, or maybe nothing has changed. But the game of life is still very long. Before we reach the end, we need to reorganize ourselves every year to meet the next New Year, which is not good or bad, but we still have to move forward. So this time, I will take stock of three mindless but life-related games. I also hope that through these games, you can tidy yourself up and start again in the last month of this year.

The gardens between (Between Gardens)

No one will deny that life is from constant gain to constant loss, whether it is family, friendship or love. Therefore, "Between the Gardens" is about the last "adventure memory" of friendship between two good friends, which will definitely remind you of many happiness that you haven’t forgotten or are still around now.

The gameplay is that we need to control the two protagonists to advance or retreat to the top of each chapter by fast forward and backward, and then complete some puzzles combined with memories and scenes on the road, and finally collect corresponding memory fragments to promote the plot. In the game, when we saw two people jumping on the keyboard, we activated the printer in the distance. Looking for the small lampholders that fled everywhere, we knocked over all kinds of strange treasure boxes that we had collected together. The trigger mechanism pushed the dominoes and the built building blocks on the giant table, as well as many lovely interactions behind them, which were the best testimony of the friendship between the two children.

The game doesn’t tell players these things through straightforward words, but we can slowly realize through these scenes, and then think of those warm feelings, isn’t it interesting? What’s more, the game has been transplanted to the mobile game platform, and we can experience such excellent game content at a more affordable price, and then continue to walk to the end of life with this rare sincerity.

Long dream

Every time I think of Long Dream, it’s not because there is a lot of content in the game that is made of things around my life, nor because the game depicts the old man’s constancy in love in art and the solution of the plot, but in his life, he has tasted the ups and downs of life, but still left only the best time for them in one place in his heart. And the love for the loved ones in front of you.

Most of the time in the game, we push the story horizontally from the perspective of the elderly and grandchildren, and the smoothness of each game transition is no less than that of the short video. The occasional puzzle-solving link combined with the old people’s changes in memory, whether it is to give players playability or to express Alzheimer’s disease, has a just performance. In addition, we can also see the relatives around him (the protagonist and his mother), who are also doing their best to accompany and support him with some sense and memory.

Even if they see the old people who are also suffering from Alzheimer’s disease and their relatives and friends who take care of these old people, even doctors and nurses, the frictions and contradictions between their care and being taken care of have not changed everyone’s idea of taking care of the old people wholeheartedly. Of course, in addition, there are many interesting and moving places. Therefore, after playing this game, no matter who encounters a similar situation in the future, he should not be too afraid that a person can’t be the master in the affairs of the elderly and leave regrets in life.

《unpacking》

As far as moving is concerned, as long as you are a friend who has lived outside, you will never be unfamiliar. In unpacking, you will find that we have the same thing as the game settings, that is, we will definitely choose to keep what we need most at this stage, and then take it out every time we move and put it in the most conspicuous place. Because they are not only an ordinary object at this time, but also the first-class equipment to ensure our quality of life. And in the process of sorting out these objects, we will gradually be in a tangled state where we will spit out so many things, but we can’t help but finish it in one breath.

While we are enjoying the decompression process that the game gives us, we may find that my life experience can be so wonderful. From a dreamy teenager in childhood to a fledgling graduate who likes all kinds of strange paintings; From ordinary young women who got a job and then fell in love to decadent young people who lost their love and returned to single apartments to work hard; Finally, I became a freelancer who worked in children’s picture books and won an award. Love and family also had a happy ending. Of course, as ordinary people, we also have such special life changes, but these things have become hidden in our daily lives and have a close relationship with us. Only when you pay attention to them one day will you realize that you have really gone a long way in life.

Just from the point of view of real life, the cost of this game is not small, and there are few levels. In addition, players are required to place items in a set position, which will definitely make some friends dislike this game. It’s just that those friends may not realize that the problem of judging the wrong red line of items needs only to be changed in the game settings, and everything will be solved if we start with half price or fracture price.

Let’s talk about my experience in this game in detail. In addition to some necessities, there are many items in the game that always accompany me to the next new home (I am definitely not complaining because the protagonist always keeps those lamps of different shapes). Some of them are not necessarily what I need most, but their emotional and life significance can sum up my life. Just like every time we tidy up, some things can obviously be thrown away to make the home more tidy, and they will appear in different boxes every time, and then we are happy to tell "me": "Our new home is really nice. What new story are you going to write with us here?"

From my favorite friends, to my inseparable family and lover, and then to myself, I will gradually become another look because of time. But in most cases, their love for you and your love for them will not change much, and these are also a journey that you can’t miss on your life. As yourself, you don’t have to worry about not being able to see the future now, just be your favorite adult and continue to cheer next year.

World Cup summary： Portugal and Brazil win, South Korea draw Uruguay, Switzerland 1.

On November 25th, Beijing time, on the last match day of the first round of the World Cup group match, Switzerland, Portugal and Brazil won, while South Korea drew 0-0 with Uruguay.

Switzerland 1-0 Cameroon

Embolo scored in the first three minutes of the second half, but he refused to celebrate because Cameroon was his country of birth. In the end, his goal helped Switzerland beat Cameroon 1-0 and made a good start. In the history of the World Cup, Switzerland won all the African teams twice, after they beat Togo 2-0 in the 2006 World Cup group match. At the same time, Switzerland has also continued its unbeaten record in the first round of the last six World Cups (3 wins and 3 draws). The last time they lost in the first round of the World Cup, they lost to Germany 0-5 in 1966, and it has been 56 years since then.

Brazil 2-0 Serbia

Richard Lisson scored twice, which finally helped Brazil beat Serbia 2-0, and continued the unbeaten record of the team’s last 16 World Cup group matches (13 wins and 3 draws) while winning three games against Serbia. This is also their eight-game winning streak in recent competitions.

Korea 0-0 Uruguay

The left column rejected Godin’s and valverde’s shots, and in the near stoppage time, Sun Xingyi missed the winner with a long shot outside the restricted area. In the end, South Korea drew 0-0 with Uruguay and scored 1 point.

Portugal 3-2 Ghana

Cristiano Ronaldo scored the first goal with a penalty and became the first player in history to score in five consecutive World Cups. Then Felix and Leo each scored a goal, which finally helped Portugal beat Ghana 3-2 and won the first victory in the first battle of the last four World Cups.

Zhang Yimou’s son attended the Parisian Celebrity Ball： he said that he wanted to do the work of cultural and entertainment communication in the future.

　　[Four Chinese celebrities appeared at the top social ball in Paris] The world’s most prestigious top celebrity ball, the 2023 Paris Celebrity Ball, was opened on November 25th, and 21 young girls appeared one by one. This year, many Chinese faces also appeared, including Zhen Jiru, the daughter of action superstar Donnie Yen, Zhao Ruoxi, the daughter of Zhao Yan, the "Queen of Hyaluronic Acid", Huang Tianqing, a banker girl from Hong Kong, and Yao Siya, the granddaughter of the founder of the first contemporary art gallery in Hong Kong. Four young girls dressed in fine clothes made a beautiful appearance. In addition, Zhang Yinan, the son of Zhang Yimou, appeared as a dancing knight.

　　Zhang Yinan, the son of Zhang Yimou, appeared as a dancing knight and danced with American socialite Louise Dub from new york. Chinese jewelry brand V Muse and designer Guo Pei’s evening dresses also showed the design elements with China characteristics at the dance.

　　This dance is not only a social feast, but also a charitable one, aiming at supporting worthy charities. By participating in the dance, these young celebrities have the opportunity to make contributions to society, and at the same time show the charm of oriental culture.

2023 FISU Football World Cup： Beijing Normal University won the women’s football championship.

The women’s football team of Beijing Normal University won the women’s team championship of the 2023 FISU Football World Cup. Photo courtesy of Propaganda Department of Jinjiang Municipal Committee

On October 31st, 2023, the battle for the women’s championship of the FISU Football World Cup was held in Jinjiang Football Training Center, Fujian Province. The women’s football team of Beijing Normal University (in blue) played against the women’s football team of paulista University in Brazil. The two sides fought fiercely for 120 minutes and drew 2-2. Finally, Beijing Normal University defeated its rival paulista University in Brazil with a total score of 7-6 to win the championship.

The women’s football team of Beijing Normal University (in blue) and the women’s football team of paulista University in Brazil are in the competition. Photo courtesy of Propaganda Department of Jinjiang Municipal Committee

Beijing normal university women’s football team celebrates victory. Photo courtesy of Propaganda Department of Jinjiang Municipal Committee

Beijing normal university women’s football team celebrates winning the championship. Photo courtesy of Propaganda Department of Jinjiang Municipal Committee

Cassano： Football has developed, Mourinho is out of date, and Lu Kaku makes me feel sorry.

As an old general of Rome and Inter Milan, Cassano talked about the contest between the two former clubs in this round of Serie A, and finally the focus battle ended with the Nerazzurri winning 1-0 at home.

"Inter played a good game and they deserved to win the game. Thuram has scored nine goals and assists, and he started the season very strongly, which surprised me, of course in a positive way. Besides, I’m also happy for Aslani. He did well after coming off the bench. Varela also played a good game and he began to recover. Inter didn’t encounter any difficulties, only Sommer blocked Cristante’s great header once. Inter played well and they played in their comfort zone. This is Inter Milan, they have a strong team, have their own ideas and confidence, and they are the biggest favourites for the Serie A championship. Cassano said on Bobo TV, a live program in vieri.

"Mourinho Ideally, there is only one difference: if Eto ‘o, Milito and Sneijder are present, he will do more, but his first consideration is not to concede a goal, and then if you have strong players, you will score sooner or later. When I said he was not a good coach, I meant that Mourinho would not give you anything. When he has a champion player, he is excellent, and he will make you feel important. He is very strong in this respect, but today’s football is no longer like this. Football has developed, and strong teams no longer buy his tricks. Manchester United sent him away, Tottenham also sent him away, and Rome will send him away in the future. It is easy to coach a champion player. "

"Lu Kaku made me feel sorry for him: he was already in trouble, and everyone booed him in this game, but Inter fans didn’t need to boo him at all. Where did you expect Rome to play like that? Mourinho is very cunning, he changed the subject, and his communication style is suitable for those who follow him. None of the reporters asked him what he thought of the game and how he organized it. Why did you play so badly? Are you scared? People like Mourinho have a good life in Italy. Luck will end sooner or later, just like allegri. He won’t let the team pass the three-legged ball in a row. Only when the team he coached is strong can he win the championship. He has strong players in Porto and a super team in Inter Milan. He put two buses in front of the door when he played against Barcelona. Of course, that’s no problem. At home against Barcelona, he won the game by an offside goal and his opponent’s failure to blow a penalty, but his luck will end sooner or later. I don’t care that he took Rome to the finals twice. De Zerbi and Belsa may not have won the championship, but you will be excited when you see their teams. I’d rather not win, but play good football and make people happy. Mourinho is like this, I have said so for a long time. Inter gave him a dance music, but you didn’t even shoot straight through the goal. You just played for 0-0. What are you talking about? "

Football News： In the past, the national football team was brave after being ashamed in the preliminaries, but now they can’t even play the battle of honor.

In the last two rounds of the Top 12, the national football team failed to win with 1 draw and 1 loss in the battle of honor. "Football News" wrote an article commenting that although the national football team was eliminated early in the past few preliminaries, it rarely lost the battle of honor after being eliminated. In this preliminaries, the national football team even kicked out the last "hero".

Looking back on the experience of the national football team in the preliminaries, the national football team can often perform well in the final stage of the group stage. Eighteen years ago, the national football team beat China and Hongkong 7-0 in the final round of the preliminaries, but lost to Kuwait by goal difference and missed the top ten. Four years later, the national football team, led by Dewey and Folado, was eliminated one round ahead of schedule, but it saved face by beating Australia in the final round away. In the 2011 preliminaries, China’s men’s soccer team led by Camacho beat Jordan 3-1 in the final round. Although it still failed to advance to the top 10, its performance can be regarded as "brave after shame".

Football News commented that in the past five preliminaries, the national football team rarely lost in the games after being eliminated, but now, the national football team has even kicked out the last hero.

Today’s SMG football recommendation; Selected score prediction of the event, Bologna VS Lazio comes with live ammunition.

Hello, everyone, here is Huang Jieqiu, and it’s the same place at the same time. We meet again. Today is Friday, and there are few events. So if we read this article, let’s take a look at the three popular games tonight. It’s still the old saying, flowers bloom every day, and the following contents are all created for personal interest, for your own reference.

Bologna: Ranked ninth in Serie A last season, and performed well in Serie A this season, ranking eighth in the Serie A standings with 3 wins, 6 draws and 11 losses. Bologna is known as the king of draw in Serie A this season, with 4 wins, 6 draws and no defeat in nearly 10 games. The team’s morale is high. The team is also excellent in defense, especially in defense. In the last 10 games, the team only lost 6 pitches with an average of 0.6 goals, which is relatively average in offense. The team’s competitive ability at home is also excellent. Recently, except for AC Milan who scored 3 points away from home, all other Bologna are unbeaten.

Lazio: Serie A ranked second last season. This season’s performance was average. The team ranked seventh in Serie A with 5 wins, 1 draw and 4 losses. The team’s recent state has picked up, with 4 wins and 1 loss in the last five competitions showing quite good competitive ability. The team’s defensive and offensive performance this season is average. The team’s away ability is not too bright, with 3 wins and 4 losses in the last 7 games.

Comprehensive analysis: The two teams played against each other six times, and Bologna had two wins, one draw and three losses. From the historical record, Lazio had a certain psychological advantage, but it is worth mentioning that the two teams played against which team’s home six times, and this team was invincible. Based on the recent state and strength of both teams, I personally feel that Bologna is unbeaten at home in this game.

Reference:Rangsheng

Reference:1-0 2-1

Leicester City: Last season, it was relegated from the Premier League. The key operation was to basically retain the lineup of last season’s Premier League campaign. The team won 13 wins and 1 loss in 14 rounds, and it was 14 points ahead of the third Leeds United in just 14 rounds. It can be said that Lecce City will return to the Premier League just around the corner. Two Premier League strikers in Leicester City, Valdi and Ishi Na Qiao, jointly scored 9 goals, and with Hall’s 5 goals and McCarter’s 4 goals, Lecce City’s frontcourt firepower was fully open. Leicester city’s recent form is impeccable, winning a series of nine consecutive victories in the league, only losing to Liverpool in the League Cup, but this does not affect their determination to return to the Premier League. This season, leicester city scored 6 wins and 1 loss at home, only conceded 3 goals in 6 games, and the defensive performance can be said to be impeccable.

Leeds United: Also as a demoted horse, it is not bad to be ranked third in the Championship. In the last five rounds, Leeds United achieved 4 wins and 1 loss. As a guest, the performance of Leeds United was slightly average, and all three losses occurred as guests. Although Leeds United is also one of the popular teams to upgrade, after 14 rounds of league matches, they have fallen behind the second Ipswich by as many as 9 points, and they have played one more round than their opponents. If you want to qualify for direct promotion at the end of the season, you should try to reduce the loss of points in future competitions. Leeds United scored 4 wins and 1 loss in the last 5 games, but lost to Stoke City in the last away game. Leeds United’s injuries are relatively serious. Spencer and Joe Roden are injured, and Stuart Dallas and Filpo can’t play this game.

Comprehensive analysis: The last two defeats were on the road. Compared with leicester city’s momentum, it is obvious that the White Legion still needs to work hard. In the face of another relegated horse Southampton, Leeds United lost by a big score on the road, while leicester city was able to take away three points on the road against Southampton. This also shows that leicester city is really capable of leading the British Championship at present, and this game is at his own home in Fox City, so it is still optimistic that Fox City can win three points!

Reference: victory

Reference: 2-0 3-1

Las palmas: He is a newly promoted horse this season. He has performed well on the whole. At present, he has achieved 4 wins, 2 draws and 5 losses, ranking 10th in the league. The team defeated almeria 2-1 in the last round, and achieved 3 wins and 1 loss in the last 4 games, which is in good condition. The team has scored 8 goals this season, and the offensive performance is not ideal. In the last 5 games, it has lost 6 goals, averaging 1.2 goals per game, and its defense is unstable. The team scored 2 wins, 2 draws and 1 loss at home, with a good performance and stable defensive efficiency.

Atletico Madrid: This season has performed well. At present, it has achieved 8 wins, 1 draw and 1 loss, ranking third in the league, and falling behind the top Real Madrid by 3 points in the case of one round less. The team defeated Alaves 2-1 in the last round, won all the last six league games, and also defeated the powerful Real Madrid, and recently performed very strongly in the game. The team scored 3 wins, 1 draw and 1 loss away from home, scored 12 goals and lost 3 goals. The offensive and defensive performance was excellent. Although Atletico recently fought on two fronts, its performance is still stable, and it has remained unbeaten in nine games. Las palmas has scored 1 win and 9 losses against Atletico Madrid in recent 10 times, and its past performance is obviously at a disadvantage. Las palmas’s recent performance is acceptable, and the team won two consecutive victories. However, Atletico Madrid’s recent state is relatively stable. Although it has fought on two fronts, it has achieved good results.

Reference: negative

Reference:1：2 0：1 0：2