财务公司

Cash management, accounting documents and administrative job in compliance with Corporate Accounting policies and Branch Manager's instructions.

现金管理，按照公司财务规定和办公室经理的指导实施现金管理、整理财务文件和担负少量行政事务

If the share prospectus, measures for offer of corporate bonds, financial or accounting report, listing report document, annual report, interim report or ad hoc report announced by an issuer or securities underwriting company contain or contains any falsehood, misleading statement or major omission, thus causing losses to investors in the course of securities trading, the issuer or the company shall be liable for the losses and the responsible director, supervisor and /or the manager or the issuer or the company shall be jointly and severally liable for such losses.

发行人、承销的证券公司公告招股说明书、公司债券募集办法、财务会计报告、上市报告文件、年度报告、中期报告、临时报告，存在虚假记载、误导性陈述或者有重大遣漏，致使投资者在证券交易中遭受损失的，发行人、承销的证券公司应当承担赔偿责任，发行人、承销的证券公司负有责任的董事、监事、经理应当承担连带赔偿责任。

For this, the finance affairs that sina also promoted new quarter considerably anticipates: 88 million dollar comes 90 million dollar, this number approachs old rival Sohu to be opposite of new quarter hopeful anticipate, the financial number of two companies is entered than going all out ankylose condition.

为此，新浪也大幅提升了新季度的财务预期：8800万美元至9000万美元，这个数字逼近老对手搜狐对新季度的乐观预期，两家公司的财务数字比拼进入胶着状态。

Through step-by-step selection of 20 financial indicators, it is found that net interest rate of total assets, assets-liabilities ratio, and accounts receivables turnover are effective predictors of financial failure at listed companies; overall, the model has an accuracy rate of 86.7% in prediction.

经过对20个财务指标的逐步筛选，实证结果发现，总资产净利率、资产负债率和应收账款周转率对上市公司财务失败具有显著的预测作用；模型的总体预测准确率为86.7%。

If you are willing to turn round to sweep that finance affairs of mad times forms for reporting statistics, can understand the market be off one's head at that time arrived why to be planted degree, clear library class is a how astute bagman. In 1998 financial year, the battalion of this company closes for 23 million dollar, net loss caustic 16.4 million dollar.

假如你愿意回头扫一眼那疯狂时代的财务报表，就会明白当时的市场神经错乱到了何种程度，明白库班是一个多么精明的推销员。1998财务年度中，该公司的营收为2300万美元，净亏损1640万美元。

At last, we discuss how to prevent from strategy and operation risks by improving corporation supervising,and point out only if we differentiate accounting equity and partition decision-making and set up inspiriting and restricting system and perfect system of the board of directors, we can decrease o-level overmuch sponsion .

最后，着重从公司治理角度探讨如何从公司治理结构防范公司的成长危机。提出要从界定清晰的财务主体、决策权的适当划分、建立相应的激励约束机制和切实完善董事会的建设等方面完善公司治理，以减少公司的各类决策失误和风险。

First, the decentration of the shareholders cause the absence of the active investors, none is willing to implement the rights of the shareholders by representing other shareholders, the managers become the insiders to control the company.

股票期权制度作为一种有效的公司激励机制广受发达的市场经济国家所推崇，然而，在美国，成批登场的大公司财务造假丑闻却对这种制度提出了挑战，首先，股权过度分散导致维护公司利益的&积极股东&缺位，没有哪一家股东能够或愿意积极主动地代表股东对经营者行使所有者权利，公司经营者成为控制公司的&内部人&；其次，美国对股票期权的会计处理规定，股票期权的价值不计入公司成本，也为经营者造假提供了合法的便利；再次，中介机构为了自身的利益，不能保持绝对的独立性，成为公司造假的帮凶；另外，美国倡导自由经济，依靠行业自律和市场制衡来约束市场参与者的行为，一方面给经济繁荣带来了活力，同时也带来了巨大风险，如果没有严密的制度保障和严厉的打击及监管，谁也不会放弃低成本的&道德风险&所带来的好处。

Repurchase of B share is the key of study and discussion.The author thinkthat securities repurchase has been an convention of international capitalmarket and that B share public enterprises should be allowed to repurchasetheir shares according to the adjustment of their capital requirement in order touphold share price and the image of enterprises.The sixth chapter,thedemerger of A Share and B Share,proposes the demerger of the equity of anenterprise which has issued both B share and A share under special conditions,in the situation that the phenomena of different prices for the same equity isdeteriorating,and the tentative plan to set up one pure B-share publicenterprise and one A-share enterprise.In the end,this chapter demonstratesthe feasibility from the view of law and finance.

而B股回购是目前研究和争论的焦点，笔者认为，证券回购已成为国际资本市场上通行的惯例，应当允许符合条件的B股上市公司根据公司资本结构调整需要，维护股价和公司市场形象等原因进行B股回购；第六章A、B股分立，针对目前A、B股同股不同价现象日益严重，特提出有条件的A、B股上市公司进行股权分立，成立纯粹的A股上市公司和B股上市公司的设想，并从法律、财务等方面进行论证。

China Eastern Airlines by the end of September the net assets of 528 million, four-quarter loss may be the main industry in more than 528 million yuan, and the company as of CAO hedging October 31浮亏18.3 billion, resulting in a full-year net assets of the company a great possibility that the negative, if able to obtain 3.0 billion capital injection will improve the company's financial part, it is still difficult to ensure a negative net assets from the risk of the economy in the company in the industry operating under the degree of decline is also difficult to have more a great improvement.

中国东方在9月底航空公司的5.28亿的净资产，四季度的亏损可能是主业超过5.28亿元，公司作为中航油对冲10月31日浮亏183亿美元，导致在一个完整，全年净资产公司的可能性很大，负，如果能够获得3.0亿元的注资将改善公司的财务部分，但仍然难以保证，从经济风险的公司在行业负净资产在下降的方式运作，也难以有更多的一大进步。

Chapter one of this text has recommended the foreign insurance to apply financial economy to the products pricing method of insurance company, but these methods have not explained how to determine the fair premium of the multiple-line insurance company .In order to solve many business line insurance company pricing problem, chapter two introduce an very important model in insurance company capital allocation field - MR capital allocation model, through deriving capital allocation formula and simulation analysis indicate MR model allocate multiple- line insurance company capital scientifically. In order to apply MR model to non-life insurance pricing, chapter three will extend MR model to introduce loss 3 and layer P . Since the premise of MR model is a certain market price of loss, the chapter four will use the risk-neutral probability transformation technique to get the market value of loss. Under lognormal distribution, we will use location parameter shift and proportional PH transformation to illuminate the technique. The final chapter combines the prior sections result to deduce out the fair premium formula, and apply it to price the catastrophe insurance.

本文的第一章介绍了国外保险业将财务经济学应用到保险公司产品定价的方法，但是这些方法都没有说明如何确定多业务线保险公司的公平保费；为了解决多业务线保险公司定价问题，第二章引入保险公司资本配置领域非常重要的一个模型—MR资本配置模型，通过推导资本配置公式及模拟分析表明MR模型科学地配置了多业务线公司的资本；为了将MR模型应用到非寿险公司的定价中去第三章扩展了MR模型，引入了损失β和层β的概念：由于MR模型的前提条件是有一个确定的损失市场价值，第四章利用风险中性转化方法获得损失的市场价值，在损失为对数正态分布的条件下，通过位置参数转化和比例危险转化方法给出了实例说明；第五章结合前几章的结果给出非寿险公司公平保费的定价公式，并运用它给出了巨灾保险价格的模拟分析。

According to the clear water experiment, aeration performance of the new equipment is good with high total oxygen transfer coefficient and oxygen utilization ratio.

曝气设备的动力效率在叶轮转速为120rpm～150rpm时取得最大值，此时氧利用率和充氧能力也具有较高值。

The environmental stability of that world - including its crushing pressures and icy darkness - means that some of its most famous inhabitants have survived for eons as evolutionary throwbacks, their bodies undergoing little change.

稳定的海底环境─包括能把人压扁的压力和冰冷的黑暗─意谓海底某些最知名的栖居生物已以演化返祖的样态活了万世，形体几无变化。