股权

According to the company's announcement, ST Guangxia previous plan for the reorganization of the program: through targeted purchase additional shares of Guangxi, as the state stake in the emerging mining industry Co., Ltd. and Guangxi象州县Crystal township, I. Jiang abatis rural mining assets.

根据公司的公告，ST银广夏此前筹划的重组方案为：通过定向增发股份方式购买广西象州新兴矿业有限公司股权及广西象州县水晶乡、鹿寨导江乡的矿业资产。

Problems and countermeasure in the trial of specialty technology post term system;2. For solving the split of share,the government begins trial work.

股权分置问题是我国股市重大历史遗留问题，为解决股权分置问题我国政府已开始启动试点工作。

It is necessary to re-explain the definition of shareholding and discover the difference of share contribution and other ways through analyzing the participation of the shareholders.

故此，有必要重新解释股权涵义，并以对股东参与权的分析为基础，凸显了股权作为出资与其他无形资产出资的不同。

After the expiry of the above, through the Stock Exchange to sell shares in the number of shares of the Company accounted for the proportion of the total number of split share structure reform three months after the implementation of the tenth to the twentieth four months does not exceed five per cent in equity reform three months after the implementation of the tenth to the thirty-sixth month period not exceeding 10%.

上述后届满，通过证券交易所出售的本公司股份数量的股份的股权分置改革，占总数的比例在3个月后实施的第10至二十四个月不超过3个月的股权改革后的第十届执行情况的第三十六个月内不超过10％的百分之五。

All these have resulted in the structural weaknesses of China's securities market since its inception. The same structural problems can also be found in a company's dividends policy, which range from substandard distribution practices to a lack of consistency in the timing and levels of dividends payment. In 2005, the stock market regulator started to tackle the structural ills of China's securities market and an increasing number of non-tradable shares have been made tradable.

这种同股不同权的问题，是导致我国股票市场发展不完全的关键，反映在上市公司的股利分配上就出现了分配政策不规范、股利支付水平和支付时间随意性较大、股利分配形式繁多、股利政策不稳定等问题。2005年我国证券市场具有划时代意义的股权分置改革全面进行，困扰我国证券市场发展的股权分置问题将得到解决，整个证券市场也将逐步踏上市场化的轨道。

Changed its name to the registration of stock exchanges to set up in Tianjin and then to the three companies listed on the first trading day of the settlement are to Tianjin "Let me first try to be" a unique advantage for the country to explore the development of the property rights market Direction.

从2001年的天津股权托管交易市场有限公司到今年更名注册成立天津股权交易所，再到首批三家公司挂牌交易，天交所正在以天津&先行先试&的独特优势，为全国产权市场探寻发展方向。

This stock acquisition trend reached its peak in 2003, Russian oil major Hengluo Man - Abramovich in June that year to spend 59.3 million pounds, the acquisition of the English Premier League club Chelsea 50.9% stake in the club, the entire purchase transaction amount is as high as 140 million pounds, setting a high stake in the history of English football transfer record.

这股收购风潮在2003年达到了顶峰，俄罗斯石油大亨罗曼-阿布拉莫维奇在当年6月斥资5930万英镑，收购了英超劲旅切尔西俱乐部50.9%的股权，整个收购的交易金额更是高达1.4亿英镑，创下了英格兰足球史上最高的股权转让记录。

The analysis reveals that:(1) Because there isn"t significant relationship between earnings management and management compensation, managers don"t have a notable motivation on self-benefit basis to reinforce earnings management for increase their compensation level;(2) The Stock Options Incentive stimulate managers on earnings management, the higher management stock proportion, the higher earnings management of listed companies.

本文通过实证研究发现：(1)由于我国上市公司盈余管理程度与管理层薪酬水平之间不存在高度相关关系，管理层出于自利目的，为提高其薪酬水平而进行盈余管理的动机不显著；(2)我国上市公司的股权激励制度刺激了管理层的盈余管理行为，管理层股权激励程度与盈余管理之间呈显著正相关关系，管理层持股比例越高，上市公司盈余管理程度就越高。

To reduce the agency cost of listed companies and optimize the structure of their financed capitals, it is proposed to develop greatly the debenture bond market, speed up the reform of equity division, strengthen the due control right of creditor and improve the equity supervision mechanism in listed companies.

在此基础上，提出应大力发展我国企业债券市场，加快股权分置改革，强化债权人的相机性控制，改善上市公司的股权监管机制等建议，以降低我国上市公司的代理成本，优化融资结构。

In a separate SEC filing Friday, JPMorgan saida private equity firm expressed interest in exploring a transactionwith Bear Stearns on Saturday March 15, and proposed a deal thatincluded a $3 billion cash infusion in return for 90 percent equityinterest in the firm.

在周五提交的一份单独的SEC文件中，摩根大通讲到有一家私募股权公司表达了对贝尔斯登这桩交易案的兴趣，并且已经提交了一份策划案，其中提到以30亿美元的资金换取90%的股权。

However, as the name（read－only memory）implies, CD disks cannot be written onorchanged in any way.

然而，正如其名字所指出的那样，CD盘不能写，也不能用任何方式改变其内容。

Galvanizes steel pallet is mainly export which suits standard packing of European Union, the North America. galvanizes steel pallet is suitable to heavy rack. Pallet surface can design plate type, corrugated and the gap form, satisfies the different requirements.

镀锌钢托盘多用于出口，替代木托盘，免薰蒸，符合欧盟、北美各国对出口货物包装材料的法令要求；喷涂钢托盘适用于重载上货架之用，托盘表面根据需要制作成平板状、波纹状及间隔形式，满足不同的使用要求。