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We always aim at the forefront of technology and latest products at home and abroad will be timely market information and analysis of feedback and help these customers will use advanced technology to end-product, has been made, the trust and good market response.

公司始终瞄准前沿技术，及时将国内外最新产品和市场信息反馈结合分析，并帮助客户将这些先进技术应用到终端产品，取得了客户的信任和良好的市场反应。

The paper consider actual conditions of Hebei , and carefully analyzied the questions in highway investment and financing. Considering of country investment and financing heavy policy environment, it proposes that Hebei should not stay the highway investment and financings " wait for, by, take ", relying on governmental investment simply, but should fully give play to the role of capital market and financial market. In insist of the policy on " interconnected system loan interconnected system return ", attract social fund extensively, form the macroclimate that the society runs the traffic;Consider the highway assets of the whole province as a whole, make the financing scheme , vitalize the assets. Through capital market, take bid way, project jointlies operate, corporatization, shareholding system, try such ways as franchise operation ,etc. boldly in newly-built project. At the same time, devote more efforts to standing in the government"s policy to highway, set up the capital construction of highway development. Turn to capital market management focal point , investment and financing of management from project management, change direction " melt" from " throw ", open up with innovative idea dissolving enter road construction practice really, try some new financing methods boldly , only in this way , could arouse every side"s enthusiasm further , really open up the unexhausted source for the benign development of road construction of Hebei.

本研究报告充分考虑了河北省的实际情况，对河北省公路投融资工作中存在的问题进行了深入、细致的分析，针对目前国家在公路投融资大的政策环境，提出了河北省公路投融资不能停留在"等、靠、要"，单纯依靠政府投资上，而是应该充分发挥资本市场和金融市场的作用；在坚持省交通厅"统贷统还"的政策下，广泛吸引社会资金，形成社会办交通的大气候；将全省的公路资产统筹考虑，制定融资方案，将资产盘活：通过资本市场，采取招投标方式，将有条件的公路项目进行合资合作、公司化、股份制改造，新建项目大胆尝试特许经营等方式：同时加大政府对公路的政策支持力度，建立公路发展基建；将投融资管理的重点，从项目管理转向资本市场管理，从"投"转向"融"，把开拓与创新理念真正溶入公路建设实践，大胆尝试一些新的融资方法，只有这样，才能进一步调动各方积极性，真正为河北省公路建设的良性发展开辟不竭之源。

Although the stabilization fund is not directly address the question of the size of the non-symptomatic, but if used for the benefit not only the direct intervention because of the size of speculative capital and non-malicious guest at the stock market caused by the abnormal fluctuations, but also through increasing Index heavyweight buy or hold the key to the size of some of the non-speculative selling and to stabilize the stock price, or let the market back to life after all the good opportunities and will be returned to properly resolve the issue of the size of the market in order to restore the function of orbit and re - Plastic confidence in the market start.

但如果用于受益，不仅是由于投机资本的规模和非直接干预，恶意住客股市造成的异常波动，而且也通过加强权重股购买或持有的部分非大小，投机性抛盘以及稳定股票价格，或者让市场恢复在所有的生活和良好的机遇的关键将返回到妥善解决了该市场的规模问题，以恢复轨道和重新功能-塑料在市场开始的信心。

Capital accumulates the motion curve that is market economy, unemployed population is the inevitable result that capital accumulates, the work population motion curve that also is market economy at the same time; Allocate be market economy to allocate the rule by element function, polarization of the rich and the poor is the inevitable result that allocates regular action by element; Inflation is the motion curve of market price case and money.

资本积累是市场经济的运动规律，失业人口是资本积累的必然产物，同时也是市场经济的劳动人口运动规律；按要素功能分配是市场经济的分配规律，贫富两极分化则是按要素分配规律作用的必然产物；通货膨胀是市场价格和货币的运动规律。

The main research results and conclusion are as follows:At first, the research under the institution background of the configuration of binary stock equity indicates a market portfolio in the SEO market, and the new issue's market demand only directly related to the market capacity, the composite price index, speculative gains, the risk inverse matrix and its row vector.

主要研究成果和结论如下：第一，本文研究表明，在股权二元结构制度环境下，增发市场存在市场组合，新股市场需求量只与市场容量、综合价格指数和投机收益以及风险矩阵的逆矩阵及其行向量直接相关，因投机收益受到新股发行量和新股发行价格的影响，因此新股市场需求量与两者间接相关。

Korea put the company at electric power control device - the general type STR (thyratron thyristor power controller) CPU upgrade to system memory type, and early in 2003 to develop cutting-edge new product type constant current, constant voltage type collectively referred to as STR (may silicon-controlled thyristor power controller) the inherent brand. In 2000 to develop the motor starting device - soft starter motor new products and the inherent SMC brand available at the area of power control both at home and abroad alike. Market in 2000 and 2002 patent SSC (packaged solid-state thyratron power controller), as well as sales from the company since its inception back filter with Pulse Timer and other products in the same trade firmly occupy The largest market. Also in 2002 the development of the supply of silicon wafer characterization equipment and sub-Plasma Ion Plating with the most cutting-edge power supply devices and so on, so if the company has high-speed development.

本公司在韩国把电炉电力控制装置-一般型STR升级为CPU系统内存型，与2003年初新开发的尖端产品恒电流型、恒电压型统称为STR 这一固有品牌。2000年开发电动机启动装置-电动机软启动器新产品并以SMC这一固有品牌面市，在电力控制领域受到国内外的一致好评。2000年面市并2002年取得专利的SSC(封装固态闸流功率控制器)，还有从公司创立初期销售至今的 back filter 用 Pulse Timer等产品在同行业中牢牢占据着最大的市场。2002年又开发供应硅wafer分段定性装备及Plasma Ion Plating用最尖端动力供应装置等，因此公司具备了高速发展的依据。

At first, the author clarifies the enterprise status which also is the status of the ordinary followers of Magnesium Ingot, the competitive participants of Magnesium Alloy, and the new comers of Magnesium Die-casting in the market through the analysis of the macro-circumstance, the current profession circumstance, the enterprise situation, the national and international magnesium markets, the enterprise objective market as well as the opponents, Secondly, the author draws the annalistic conclusions of the inner strategic conditions that the inner circumstance of Magnesium Ingot, Magnesium Alloy, the Magnesium Die-casting and the Reduction Can is in comparatively disadvantageous, advantageous, extremely advantageous and comparatively advantageous status respectively, Also, the author identifies the market orientation of the enterprise products based on the detailed market classification as well as the prediction of demand supply of the purpose, consuming areas and the varieties of Magnesium products.

首先，通过对企业所处的宏观环境、行业现状、企业状况，对国际、国内镁市场、企业目标市场和竞争对手的分析，明确了企业在市场中的地位，即镁锭的一般追随者、镁合金的竞争参与者、镁压铸件的新进入者的地位。运用产业结构分析理论、盈亏平衡分析技术、BCG矩阵进行分析，找出企业自身的优势和劣势，得出了内部战略条件的分析结果，即镁锭、镁合金、镁压铸件、还原罐的内部环境分别处于较为不利、有利、极为有利、较为有利的境地。

This paper will assume that there are effective stock market and effective executive market, and the basic hypothesises in Black-Scholes Stock Options Pricing Model are correct. We will discuss the optimal repricing scheme under three situations, one is that the board of the company considers repricing when the price declines straightly ; the second is at the beginning of stock life,the board promises to reprice under some conditions at a certain coming time; the third is when some condition happens at an uncertain coming time, the board promises to reprice the ESO.

本文在有有效的股票市场，也有有效的经理人市场，Black-Scholes期权定价模型中的基本假设是正确的条件下，分别讨论了公司的董事会在股价持续下跌时考虑重新定价、在授予经理人期权的时候就承诺在未来某一确定时刻一定条件下可以进行重新定价和未来不确定时刻一定条件下可以进行重新定价三种情况下的最优重新定价问题。

Through ten years exploration corporate bond market of china has a certain achievement, at the same time corporate bond market accumulates many experiences and creates conditions for further development of corporate bond market.

通过这十多年的探索，中国企业债券市场还是取得了一定的成就，同时，也积累了不少关于企业债券市场发展的经验，为中国企业债券的进一步发展创造了条件。

Key responsibilities and qualifications:- purchase soya bean meal, maize, proteins (rape seed meal, fish, cotton etc); rice/wheat/maize co-products, imported ingredients and minerals etc;- research raw material market, develop and manage suppliers and to minimize costs;- knowledge and experience of trading commodity futures on dce;- ability to read the market and determine optimum stock holding strategy depending on anticipated market conditions;- understanding and experience of warehouse stock control and ensuring raw materials are supply;- at least 3 years relevant buying experience required locations: anshan, zhumadian, shanghai, tianjin

岗位要求：主要职责和技能要求：-负责采购豆粕，玉米，蛋白质类原材料，大米/小麦/玉米副产品，进口原料，矿物质等；-调查原材料市场，管理和发展供应商，实现原料成本最小化；-了解大连商品交易所商品交易的特点，具有交易操作经验；-根据市场预期，解读市场行情，提供和执行最优化的原料储备战略；-具有库房管理的知识和经验，保证原材料供应；- 3 年以上相关采购经验。

It has been put forward that there exists single Ball point and double Ball points on the symmetrical connecting-rod curves of equilateral mechanisms.

从鲍尔点的形成原理出发，分析对称连杆曲线上鲍尔点的产生条件，提出等边机构的对称连杆曲线上有单鲍尔点和双鲍尔点。

The factory affiliated to the Group primarily manufactures multiple-purpose pincers, baking kits, knives, scissors, kitchenware, gardening tools and beauty care kits as well as other hardware tools, the annual production value of which reaches US$ 30 million dollars.

集团所属工厂主要生产多用钳、烤具、刀具、剪刀、厨具、花园工具、美容套等五金产品，年生产总值3000万美元，产品价廉物美、选料上乘、质量保证，深受国内外客户的青睐