资本

Most recently, Mr. Waugh successfully brought four private Chinese companies public in USA. He has served as the director and CEO in the AMEX-listed company for five years. Mr. Waugh has both original perspectives and proven records in terms of recapitalizing Chinese enterprises in the global financial market. Now, at Greater Dynasty, Mr. Waugh gives his utmost advice and guidance to his clients and wholeheartedly joins in their endeavor in capital restructuring and business expansion.

他在创建高汉金融集团之前，已经在美国的资本市场创立并成功上市了四家公司，并曾作为创始人在其中一家公司任职董事和CEO五年；从而在理论和实践两个方面，真实了解和运作了中国企业在海外资本市场全部过程，为目前高汉金融集团的客户公司提供了其他投资银行公司无法比拟的业务指导和过程服务。

Article 11: In the event that foreign investor directly reinvests its incomes from operation in its enterprise, increases registered capital, or takes the incomes as the investment capital to establish other foreign funded enterprises with operation period no less than 5 years, 40% of the income tax paid for its reinvestment sector can be refunded on approval of tax authorities.

第十一条外国投资者将从外商投资企业取得的利润直接再投资于该企业，增加注册资本，或者作为资本投资开办其他外商投资企业，经营期不少于5年的，经税务机关批准，可全部退还其再投资部分已缴纳的所得税款。

Any foreign investor of an enterprise with foreign investment which reinvests its share of profit obtained from the enterprise directly into that enterprise by increasing its capital, or uses the profit as capital investment to establish other enterprises with foreign investment to operate for a period of not less than five years shall, upon approval by the tax authorities of an application filed by the investor, be refunded forty percent of the income tax already paid on the reinvested amount.

第十条 外商投资企业的外国投资者，将从企业取得的利润直接再投资于该企业，增加注册资本，或者作为资本投资开办其他外商投资企业，经营期不少于五年的，经投资者申请，税务机关批准，退还其再投资部分已缴纳所得税的百分之四十税款，国务院另有优惠规定的，依照国务院的规定办理；再投资不满五年撤出的，应当缴回已退的税款。

Any foreign investor of an enterprise with foreign investment which reinvests its share of profit obtained from the enterprise directly into that enterprise by increasing its registered capital, or uses the profit as capital investment to establish other enterprises with foreign investment to operate

外商投资企业的外国投资者，将从企业取得的利润直接再投资于该企业，增加注册资本，或者作为资本投资开办其他外商投资企业，经营期不少于5年的，经投资者申请，税务机关批准，退还其再投资部分已缴纳所得税的40%税款。

There must be more and more state-owned enterprises going to public, restructuring and repurchasing with the implementation of strategy "to seize the big and free the small","retire in an order way" by the government.

当前中国资本市场上，正进行着&股权分置改革&，这是一场深刻的制度变革，将为中国资本市场祛除病垢、健康发展、加速与国际接轨产生深远的影响。

There must be more and more state-owned enterprises going to public, restructuring and repurchasing with the implementation of strategy "to seize the big and free the small","retire in an order way" by the government.

当前中国资本市场上，正进行著&股权分置改革&，这是一场深刻的制度变革，将为中国资本市场祛除病垢、健康发展、加速与国际接轨产生深远的影响。

Part I : Retrospecting from our country"s development and capital market of publicly held company, the thesis analyzes the present situation of the stated-owned enterprises" bad benefits and great loss, and explains the negative effects which are caused by unreasonable enterprise system and the disposing pattern of social fund.

本文分四部分进行系统的论述：第一部分，通过对我国股份制企业的发展和资本市场创建历程的回顾，从企业角度对国有企业普遍存在的效益不佳，亏损严重的现状进行分析，阐述了过去不合理企业体制和社会资金配置格局给企业带来的负面影响，论述了资本市场的发展成熟必将给改革中的我国股份制企业注入生机和活力。

Finally, this article smelts the US and Libya paper industry Limited liability company take to evaluate its enterprise capital structure as the example, and proposed according to its future developmental strategy the corresponding capital structure optimizes strategy.

最后，本文以中冶美利纸业股份有限公司为例评析其企业资本结构，并根据其未来发展战略提出了相应的资本结构优化的策略。

At last, the paper puts forward the straggles of raising the benefits from human capital investment through the theories of economists and experiences of the large companies in the world.

借鉴企业人力资本投资实证分析方面的国际经验，本文探索性地提出了优化中国企业人力资本投资及收益管理的基本思路与操作性对策。

Tangos is currently held the post ofChina the vice-president that achieves sth used to one's own advantage, china achieving sth used to one's own advantage is an orgnaization that devotes oneself to to serve inchoate poineering investment and enterprise hatch.

Tangos现任华创资本的副总裁，华创资本是一家致力于服务早期创业投资与企业孵化的机构。

This one mode pays close attention to network credence foundation of the businessman very much.

这一模式非常关注商人的网络信用基础。

Cell morphology of bacterial ghost of Pasteurella multocida was observed by scanning electron microscopy and inactivation ratio was estimated by CFU analysi.

扫描电镜观察多杀性巴氏杆菌细菌幽灵和菌落形成单位评价遗传灭活率。