查询词典 bridging financing

Based on the real estate enterprises of China, the paper points out many real estate financing problems, which are manifestes by two parts, one is that the sustainable financing capacity of most real estate enterprises is feeblish, the other is that the blindfold financing penomena is ubiquitous in the real estate industry, through the research on the financing activity of internal real eatate enterprises.

本文以我国房地产开发企业为研究对象，通过对我国现有房地产开发企业的融资行为进行研究，发现房地产开发企业融资存在许多问题，主要体现在以下两个方面：一是大多数房地产开发企业的可持续性融资能力较弱；二是盲目融资现象较为普遍。

According to the traditional capital structural theory analysis ,the conclusion which is bonds financing will be advantageous. By analyzing the best of financing cost and financing preference of listed companies in our country, the article discovered there was inconsistence in financing structure of listed company in our country compared with the capital structure in developed country and carried on a thorough analysis.

根据传统资本结构理论的分析可得出债权融资更有利，本文在通过对我国上市公司融资成本和融资偏好的分析检验中，却发现了我国上市公司的融资结构相比发达国家的资本结构来说存在很大的不一致，并对此进行了深入的分析。

Secondly, during the development of High-tech firms, the stock financing itself has inerratic changes: from start-up to listing* High-tech firms will usually go through the three methods from angel financing, venture capital institution financing to open market financing.

其次，在高技术企业发展过程中，股权融资途径本身也呈现规律性的变迁，即在创业到上市这一发展过程中，高技术企业一般都会依次经历天使融资、风险投资机构融资和公开市场融资三种途径。

The first part is an introduction. It describes the study significance, the purpose, the method and relative study evolvement from home and abroad and so on. The second part is a study basis. It illustrates study theory of financing storehouse and third-party logistics in details, which is a supply chain model theory resulting from logistics theory and financing storehouse theory and the third-party enterprise. The third part introduces impawning loan and its choke point in 3PL service innovation and financing storehouse business operation model. The forth part analyses restrictive factors of medium and small enterprises financing storehouse business in our country, which gives relative suggestions.

第一部分是绪论，阐明了本文的研究意义、目的、方法以及国内外的相关研究进展情况等；第二部分是研究基础，详细阐述了研究融通仓和第三方物流的相关理论，分别是物流理论、融通仓理论和第三方物流公司主导的供应链模式理论；第三部分介绍了第三方物流服务创新中质押贷款及其瓶颈，以及融通仓业务的运作模式；第四部分，分析了我国中小企业开展融通仓业务的制约因素，并提出了相关建议；第五部分，针对中储股份南京分公司开展质押监管。。。

The paper brings forward four financing modes for the capital construction enterprises in virtue of logistics finance theory. These modes are balance mode instead of customers, supply chain financing mode, delivery note impawning mode and using accounts receivable mode. Using these innovational financing modes can cut down the capital construction enterprises financing difficulty.

文章针对基建企业项目材料融资难的实际情况，应用金融物流理论探索了基建企业解决融资问题的新途径——四种融资模式，即代客结算模式、供应链金融模式、仓单质押模式和运用应收账款模式，这些创新性融资模式的应用，使基建企业在融资上所面临的困难将得到一定的缓解。

The main conclusions are: [1] Rapid development of corporations engenders urgent demand of financing, conflict between capital market imperfection and demand of financing leads corporations to control listed corporations by purchasing "shell" and enhance it"s financing capability; [2] Two kinds of pricing institution of stock provides stirpses for controlling listed corporations by low cost, monitoring institution imperfections provides corporations for operating listed corporations. Adjust of national assets provides more "shells; [3] More private corporations purchase listed corporations, some of them form stirpses; [4] Stirpses have positive influence about adjusting industry and enhancing capital market financing function; [5] Stirpses magnify financial risk by controlling listed corporations, and transform listed corporations from shareholders benefit to block shareholder benefit, having tendency of infracting shareholders benefit.

本文主要的结论：[1]中国企业的迅速发展对融资有迫切的要求，中国国内资本市场发展不完善与这种强烈的融资需求的冲突导致了企业寻求通过买&壳&的方式控制上市公司，以此来提高自身的融资能力；[2]中国上市公司股票的两种定价机制为&系&低成本控制上市公司提供了可能，监管机制的不完善为&系&提供了操纵上市公司的空间，国有资产在调整过程中从部分竞争行业退出，为资本市场提供了一定数量的&壳&资源；[3]民营企业纷纷买&壳&上市，在这个过程中，部分实力突出的企业形成了&系&；[4]&系&现象对进行行业整合、提高资本市场融资能力等方面起到了积极的作用；[5]&系&通过对上市公司进行的操纵放大了金融风险，将上市公司的股东利益最大化变为大股东利益最大化，存在着侵害小股东利益的潜在倾向。

The article analysed the problem that existing financing means exists, carry item of expenditure to look negotiable securities of fiducial, land turns financing, land wait for new-style land to arrange financing mode, compose built diversity land to arrange financing system, with period raise money effectively for what our country land liquidates fund provide academic basis.

本文分析了现有融资方式存在的新问题，提出项目融资、土地信托、土地证券化等新型土地整理融资模式，构建了多元化土地整理融资体系，以期为我国土地整理资金的有效筹措提供理论依据。

Arrive in the enterprise that platelet appears on the market, average financing scale is 300 million - 500 million the left and right sides, do poineering work on board enterprise, the project scale that initial stage appears on the market may be larger, may have financing the project of 229, but average project, the likelihood is financing 100 million the left and right sides, likely even a financing a few ten million.

到中小板上市的企业，一般的融资规模是3亿－5亿左右，上创业板的企业，初期上市的项目规模可能比较大，可能会有融资二三亿的项目，但是一般的项目，可能就是融资一亿左右，甚至可能只融资几千万。

Meanwhile, equity financing and debt financing play different roles in the corporate governance. The complementarities of diverse financing and the perfection of financial structure can facilitate the firm financing and managerial incentive.

同时本文还认为，股权融资和债务融资在企业治理过程中发挥着不同的作用，融资方式的多样互补性和金融结构的完善有利于企业融资和管理激励。

Below single-track mode, the construction financing of passenger transport special railway line has 3 kinds of forms, namely governmental financing, private financing and cooperative financing.

在单线模式下，客运专线的建设融资有三种形式，即政府融资、私人融资和合作融资。

Alternatively, the con- trollers can use the synchronous rectifier itself or loss- less inductor current-sensing methods to provide overload protection with lower power dissipation.

另外，康威特罗勒斯可以使用同步整流器本身或亏损减少电感电流检测方法，以提供低功耗过载保护。

Mr. Dauber's other Schatz hangs in his home movie studio.

多伯把沙兹的另一件作品挂在家里的电影室。