金融公司

The Underwriter may terminate its commitment under the Underwriting Agreement at any time prior to the Latest Time for Termination if: there shall develop, occur, exist or come into effect: any new law or regulation or any change in existing laws or regulations or any change in the interpretation or application thereof by any court or other competent authority in Hong Kong or any other place in which any member of the Group conducts or carries on business; or any event or series of events resulting or likely to result in any change in local, national or international financial, political, military, industrial, economic or market conditions; or any change in the conditions of local, national or international securities markets (including but without limitation, the imposition of any moratorium, suspension or restriction on trading in securities generally on the Stock Exchange due to exceptional financial circumstances or otherwise); or any change or development involving a prospective change in Hong Kong taxation or exchange control which will or may affect the Group or a proportion of the existing Shareholders of the Company in their capacity as such, which, in the reasonable opinion of the Underwriter:(1) is or will or is likely to have a material adverse effect on the business or financial condition of the Group as a whole or the Rights Issue; or (2) has or will have or is likely to have a material adverse effect on the success of the Rights Issue or the level of Rights Shares taken up; or (3) makes it inadvisable or inexpedient for the Company to proceed with the Rights Issue; or there comes to the notice of the Underwriter: any matter or event showing any of the representations, warranties and undertakings made by PIL and the Company was, when given, untrue or misleading or as having been breached in any respect; or any breach by any of the other parties to the Underwriting Agreement of any of their respective obligations or undertakings under the Underwriting Agreement or under any of the PIL Letter of Undertaking, Option Undertakings or the Sub-underwriting Letter, then and in any such case the Underwriter may, upon giving notice to the Company and PIL, terminate the Underwriting Agreement with immediate effect.

倘发生下列事件，包销商可于最后终止时间前任何时间终止其根据包销协议之责任：以下情况将会出现、发生、存在或生效：香港或本集团任何成员公司经营或从事业务所在任何其他地方之法院或其他主管机关颁布任何新法律或法规，或更改现行法律或法规，或有关法律或法规之诠释或应用有变；或发生任何事件或连串事件导致或可能导致本地、国家或国际金融、政治、军事、工业、经济或市况有变；或本地、国家或国际证券市场之状况有变（包括但不限于因特殊金融状况或其他原因而暂时禁止、暂停或限制港交所之整体证券交易）；或香港税务或外汇管制有变或出现可能导致变动之事态发展，而将会或可能对本集团或本公司部份现有股东产生影响，而包销商合理认为上述情况：(1)会或将会或可能会对本集团整体之业务或财务状况或供股有重大不利影响；或(2)经已或将会或可能会对供股之成功或供股股份之认购数量有重大不利影响；或(3)令本公司进行供股变得不智或不宜时；或包销商得悉：任何事情或事件显示太平船务及本公司所作出之任何陈述、保证及承诺于作出时在任何方面属失实或构成误导或遭违反；或包销协议之任何其他订约方违反彼等各自根据包销协议或任何太平船务承诺函、购股权承诺或分包销函件之任何责任或承诺，而在此情况下，包销商可向本公司及太平船务发出通知即时终止包销协议。

Risk is the inherency of finance system and finance activity.

风险是金融体系和金融活动的基本属性之一，风险管理活动是各类金融机构所从事的全部业务和管理活动中最核心的内容。20世纪90年代中期以长期资产管理公司为代表的微观金融风险事件和以墨西哥金融危机、亚洲金融危机为代表的宏观经济现象，引起了人们对金融风险的普遍关注，以及在微观层面上对金融安全运行的深刻反思。

In the background of deepening financial reform in China, banks, security companies, insurance companies and other financial institutions have started to joint bilaterally or multilaterally, and launched a variety of complementary advantages and innovative cooperation, and developed a batch of the financial businesses with the cross profession characteristics in common to seek for greater development.

在我国金融改革日益深化的背景下，银行、证券公司、保险公司等金融机构为寻求更大的发展，他们之间纷纷展开自下而上的双边或多边联手，开展了多样化的优势互补和创新合作，共同开发了一批具有跨行业特性的金融业务——交叉性金融业务。

In order to further financial reform, avoid financial risks, and develop national economy continuously, healthy and quickly, the Government, referring to international experience, made decision in 1999 about disposal of commercial banks' unperformed assets with financial assets management company.

由于历史原因，我国金融领域积聚了大量不良资产，严重影响了金融安全和金融秩序，为深化金融改革，防范和化解金融风险，促进国民经济持续、健康、快速发展，我国政府借鉴国际经验，于1999年做出了采用组建金融资产管理公司的方式专业处置国有商业银行不良资产的重大决策。

The finance that make silver hires finite responsibility firm sincere hire outstanding 09 graduate The finance that make silver is rented by traffic bank solely invested initiate establish, the company registers capital 2 billion yuan, it is home finance of first large bank department that establishs permissibly hires one of firms.

交银金融租赁有限责任公司诚聘优秀09届毕业生交银金融租赁由交通银行独资发起设立，公司注册资本20亿元，是国内首批获准成立的大型银行系金融租赁公司之一。

Faced with the severe international financial crisis situation, which is responsible for the staff person to lead authorities to their contact separately Su salt valve company Haiyuan machinery companies, eight giant pharmaceutical companies, chemical companies and other enterprises Nichiha assist analysis of the status quo, to establish confidence , troubleshoot and resolve development problems and re-enacting practical to address the financial tsunami of the development plan.

面对国际金融危机的严峻形势，该局负责人带领机关工作人员分别到自己联系的苏盐阀门公司、海源机械公司、八巨药业公司、吉华化工公司等企业帮助分析现状，树立信心，排查和解决发展中的难题，重新制定切实可行的应对金融海啸的发展规划。

Construction Bank of China Assistant Governor Chen Zoff, the Ministry of Construction Housing Industrialization Promotion Center童悦Chung, deputy director of the CBRC, deputy director of the Department policies and regulations Huang visited the venue and said congratulations, Ministry of Land and Resources Land Use Division Hongzhi, deputy director of the cold, the Ministry of Construction Policy Research Center, deputy director Wang Jue Lin, China Association of Mayors Vice President and Secretary General Tao Siliang, China's Real Estate Association, vice president and secretary general顾云昌, Beijing University of Economics and Management, Associate Dean Cao peace, Beijing International Trust and Investment Corporation board chairman and general manager Wang Xiaolong,今典集团chairman张宝全, Yu Fat Dawnrays Beijing real estate company chairman Zhang Jidong, Chongqing International Trust and Investment Corporation, president of Assistant Sun Fei, China Construction Bank real estate financial services such as general manager Liu Tiemin authority has on China's real estate financial innovation, as well as real estate and urban development of the interactive relations between the in-depth discussion of the Chinese real estate finance and urban sustainable development put forward a series of forward-looking perspective.

中国建设银行副行长陈佐夫，建设部住宅产业化促进中心童悦仲副主任银监会副主任，新闻部的政策和法规黄参观了展馆，并表示祝贺，国土资源部土地利用和资源司宏志，副主任冷，建设部政策研究中心副主任王珏林，中国市长协会副会长兼秘书长陶斯亮，中国房地产业协会副会长兼秘书长顾云昌，北京工业大学经济管理学院副院长曹和平，北京国际信托投资公司董事长，总经理王小龙，今典集团董事长张宝全，北京于发东瑞房地产公司董事长章机洞，重庆国际信托投资公司总裁助理孙飞，中国建设银行房地产金融服务，如总经理刘铁民管理局已对中国的房地产金融创新，以及房地产和城市发展的互动关系深入讨论中国房地产金融和城市的可持续发展提出了一系列前瞻性的观点。

The major participants of financial activities are banks, trust and investment companies, insurance companies, secrities companies and credit cooperation banks, finance companies, investment trust companies, finacial leasing companies and those exchange centres of securities, bullions, foreign currency, etc.

从事金融活动的机构主要有银行、信托投资公司、保险公司、证券公司，还有信用合作社、财务公司、投资信托公司、金融租赁公司以及证券、金银、外汇交易所等。

If Chinas financial field gets rid of trouble, first of all, its necessary to begin right now, quickening the staps about financial reform, try to change financial setup under traditional planned economy into modern financial enterprise of clear property, clear responsibility, separate government with enterprise, and management science.

即，对我国目前商业银行、证券公司、保险公司以及其他非银行金融机构等各类金融机构进行兼并，收购，拆分等资产重组，建立金融控股公司，即建立一种&集团混业，经营分业&的银行体制，在有效降低金融风险的同时，实现资源优化配置，才能适应国际金融发展的潮流，在日益激烈的市场竞争中立于不败之地。

Operating cost rate of post-establishment significantly was lower then pre-establishment. Sales growth rate of post-establishment was significantly higher then pre-establishment. According this result, we can find Financial Holding Company to get operation synergy during 2 years.

在财务绩效方面，现金流量报酬率在设立金融控股公司前后并无明显改变；设立金融控股公司后营运成本率明显降低；设立金融控股公司后营收成长率显著高於为设立前；根据分析结果可以得知金融控股公司在设立后，经由2年来的整合，已经逐渐发挥营运综合效益。

Breath, muscle contraction of the buttocks; arch body, as far as possible to hold his head, right leg straight towards the ceiling (peg-leg knee in order to avoid muscle tension).

呼气，收缩臀部肌肉；拱起身体，尽量抬起头来，右腿伸直朝向天花板（膝微屈，以避免肌肉紧张）。

The cost of moving grain food products was unchanged from May, but year over year are up 8%.

粮食产品的运输费用与5月份相比没有变化，但却比去年同期高8％。