股份制

Industrial Bank of the State Council, People's Bank of China approved the establishment of the first joint-stock commercial banks.

兴业银行是经国务院、中国人民银行批准成立的首批股份制商业银行之一。

Because of asymmetric information, principal-agent issue is at the bottom of sepration of ownership and domination in modern stock corporation. From point of view of contract economics, modern stock corporation is a incompleteness contract between stock holder and handlers.

由于信息不对称，现代股份公司的"所有权和控制权分离"带来了委托代理问题，从契约经济学的角度看，现代股份制上市公司是一个股东与经理人之间的不完全契约。

This paper analyzed this unsolved problem and suggested an assumption of setting up some local stock power companies, so as to have a possibility to solve the problem completely.

本文就如何正确处理地方小网与国家大网之间敏感而一直未得解决的关系问题进行了分析，并针对导致大小网矛盾的深层原因，提出了通过建立股份制地方电力公司以根本解决矛盾的构想。

After 12 years of development, it has become a nongovernmental stockholding business organized with modern business mechanism, as well as a large 3PL business corporation.

经过十二年的发展，公司已经发展成为按现代企业机制组建的股份制民营企业，是一家全国性的大型第三方物流企业集团。

The Industrial and Commercial Bank of China, the Bank of China, the China Construction Bank and the Bank of Communications were turned into stockholding companies and listed on stock markets.

中国工商银行、中国银行、中国建设银行和交通银行完成股份制改造并成功上市，资产质量和盈利能力明显提高，银行业发生了重大变化。

Shanghai Bao-Neng Lightweight Materials Company Limited, set up in 1997,is a scientific and technological enterprise enforcing stockholding system, which specializes in production of perlite products.

上海宝能轻质材料有限公司，是1997年组建专业生产珍珠岩产品的科技型股份制企业。

The transformation into a stockholding company could be completed by year end, and it would include the injection of around $19 billion to help repair the bank's balance sheet, according to a person familiar with the matter.

据一位知情人士说，中国农业银行的股份制改革有可能在今年年底前完成，为此政府将向农行注资约190亿美元，以改善该行的资产负债状况。

Kunshan GuoLi Vacuum Electric Co.,Ltd. is a high-tech management controlled stockholding enterprise, transformed from a state enterprise. And we have specialized in the vacuum electrical components and apparatuses in the past forty years.

昆山国力真空电器有限公司公司是经国有企业改制，由经营层控股的高科技股份制企业，是具有40多年电真空制造经验的专业生产厂家。

Company Profile Kunshan GuoLi Vacuum Electric Co.,Ltd. is a high-tech management controlled stockholding enterprise, transformed from a state enterprise. And we have specialized in the vacuum electrical components and apparatuses in the past forty years.

昆山国力真空电器有限公司公司是经国有企业改制，由经营层控股的高科技股份制企业，是具有40多年电真空制造经验的专业生产厂家。

In practice, since 2003, China launched the joint-stock reform of SCBs. The debates about valuation of SCBs have never stopped during the process of introduction of strategic investors and initial public offerings.

在实践中，自2003年以来我国启动国有商业银行股份制改革以来，围绕国有商业银行引进战略投资者和公开上市的估值定价争论就没有停止过。

The split between the two groups can hardly be papered over.

这两个团体间的分歧难以掩饰。

This approach not only encourages a greater number of responses, but minimizes the likelihood of stale groupthink.

这种做法不仅鼓励了更多的反应，而且减少跟风的可能性。