控股公司

Through analysis and arrangement, the main points are listed as the following: First, the rule of power allocation of corporate organs related to compulsive rules should be directly manipulated under law, and those related to "autonomy of will" should be dealt with constitution mandated by the conference of shareholders, which should be stated clearly by law; Second, referring to the content of power allocation of corporate organs, the due difference allocation should be made for limited liability companies and joint stock limited liability companies respectively; Third, the law should confirm the theoretical and practical significance of the expansion of powers of the board of directors, which means division and re-arrangement of the company's powers; Forth, legislation should limit the dominant shareholders' rights in order to secure the automatic ability of company and improve the environment of corporate governance.

本文通过分析整理，得出主要观点如下：（1）公司机关权力配置规则，涉及属于公司"强行性"的规则应由法律直接规制，而属于"任意型"或"赋权型"的规则，可由股东大会授权以章程的形式解决，法律应明确确立该形式的合法地位；（2）针对公司机关权力配置的内容，法律应分别在有限责任公司和股份有限公司之间合理配置和差别配置；（3）董事会权力的扩大是公司权力的分化和权力内容的重新组合，法律应肯定其积极的实践意义和理论意义；（4）立法应限制控股股东的权力，充分保证公司的自治能力，从而改善公司治理结构环境。

Li Rongrong, then the original provisions of the SFC,"the controlling shareholder 'freedom holdings' 2 percent of shares of listed companies" have a greater possibility of proliferation, but to the market brought about by the greatest impact, or Central Huijin Gold companies enter the market the secondary market and be able to "self-acquired" three banks stocks.

李荣融当时的证监会原规定，"控股股东'自由控股的百分之二上市公司的股票"已经扩散的可能性较大，但对市场所带来的最大的影响，或中央汇金公司进入市场的二级市场，并能"自我收购"三银行股票。

The controlling shareholders' agency problem is of great importance to corporate governance in china listed companies. The purpose of this paper is to study the controlling shareholders' agency problem from financing instruments and to analyze the relationship between the controlling shareholders' agency problem and equity financing preference.

中文摘要：控股股东的代理问题是中国上市公司治理的重大课题，本文的研究的题目是中国上市公司的股权融资中的代理问题，是从融资的方面对代理问题进行展开研究，分析了控股股东代理问题和股权融资偏好问题之间的联系，并提出改进的建议。

For misuse of assets, the outside supervisal of the listed company didn'twork well. In general ,the company will try his best to cover those actions.

控股股东的利益与上市公司和中小股东并不完全一致，同时由于国有控股的存在导致的代理问题，使得我国公司治理的改善流于形式。

The root of this is that the controlling profit has been strengthened and the the"tunnel behaviours" have been inspirited to actualize under the current corporate governance system in China.

结果显示，中国上市公司控股股东行为效应指数偏低，其行为具有引发较强负外部效应的倾向，根源在于中国现有的公司治理制度安排强化了控股股东的控制收益，激励其实施隧道行为。

The results indicate that the index of behaviors of controlling shareholders in china is low and their behaviors bring strong negative externality. the root of this is that the controlling profit has been strengthened and the the"tunnel behaviours" have been inspirited to actualize under the current corporate governance system in china.

结果显示，中国上市公司控股股东行为效应指数偏低，其行为具有引发较强负外部效应的倾向，根源在于中国现有的公司治理制度安排强化了控股股东的控制收益，激励其实施隧道行为。

Some notable investments and exits driven by Tony are: FPT, Neusoft, Unwired, Lotes, System General, Optium/Engana, Longshine, Superdata and ADA Cellworks.

关先生参与的一些著名的投资案例包括：FPT公司、东软集团、Unwired公司（被澳大利亚七网络公司收购）、嘉泽端子工业股份有限公司、崇贸科技公司、Optium/Engana公司、朗新信息科技有限公司（被Amdocs公司收购）、速达软件控股有限公司和ADA Cellworks公司。

Chinese peace peace establishment of the China Life Insurance Holdings Co., Ltd., China Ping'an Property Insurance Company, and holding China Ping An Insurance Overseas Company, Ping'an Trust and Investment Limited Liability Company.

中国平安控股设立中国平安人寿保险股份有限公司、中国平安财产保险股份有限公司，并控股中国平安保险海外公司、平安信托投资有限责任公司。

Our company owns more than 400 staffs, including 120 professional technical personnel. We specialize in manufacturing high-precision, density and high reliability double-sided, multi-sided PCBs

深圳市华丰电器器件制造有限公司成立于1987年，广东汕头超声电子股份有限公司为主要控股股东（国有控股上市公司，股票代码000823），隶属汕头超声印制板公司事业部，注册资本5000万人民币。

Yaoqiao owns coal mines, coal hole, Xu Mine, Longdong mine coal production, as well as four pairs of Tatun徐沛coal preparation plant and rail management and the acquisition of the controlling shareholder group Tatun coal power and after the new power generation business assets, in addition to the industry chain will also extend to the downstream, holding 75% of the production of electrolytic aluminum Tatun.

公司拥有姚桥煤矿、孔庄煤矿、徐庄煤矿、龙东煤矿四对生产矿井以及大屯选煤厂和徐沛铁路管理处，并收购了控股股东大屯煤电集团的电力及有关资产后新增火力发电业务，此外公司还将产业链向下游延伸，控股75%的大屯铝业生产电解铝。

I am accused of being overreligious," she said in her quiet, frank manner,"but that does not prevent me thinking the children very cruel who obstinately commit such suicide.""

客人们在卡罗利娜·埃凯家里，举止就文雅一些，因为卡罗利娜的母亲治家很严厉。

Designed by French fashion house Herm è s, this elegant uniform was manufactured in our home, Hong Kong, and was the first without a hat.

由著名品牌 Herm è s 设计，这件高贵的制服是香港本土制造，是我们第一套不配帽子的制服。