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This article analyzes the profit model of insurance companies in detail and validates the relevance between the prescripts which have been constituted by the China Insurance Regulatory Commission in the operation of insurance funds and the investment income of insurance companies through financial statements of the three companies, China Life, Ping An of China and China Pacific, which have been coming into A-stock market. It analyzes the relationship between the insurance company asset allocation and the funds income and risk of insurance companies by simulating the different insurance companies' earnings on different asset allocation and different equity investment yield, so as to arrive at the objective how to configure which prescripts to funds operation of insurance companies is reasonable, demonstrates the rationalities of insurance funds operation prescripts which have been constituted by the China Insurance Regulatory Commission, and considers the equity investment of insurance companies can be properly enhanced to thirty percent of total assets because China's economy will develop stably, chronically and at high-speed .

文中通过借助目前A股上市的中国人寿、中国平安和中国太保三家保险公司的报表详细地分析了保险公司的盈利模式,验证了保监会关于保险资金运用的管理规定与保险公司的投资收益率存在的相关性,并通过模拟在不同资产配置及不同股权投资收益率下保险公司最后的收益情况,用数据分析了保险公司资产配置与保险公司的资金收益和风险的关系,从而得出保险公司的资金运用怎样规定才是合理的,也论证了保监会对保险资金运用的管理规定的合理性,并认为在我国经济仍将长期稳定高速发展的情况下,可适当将保险公司的股权投资比例提高到总资产的30%。

Since March 16,1998 security markets begin pursuing ST system, by the end of 2003, there are 178 special treated companies. Before these companies were special treated, 106 listed companies have offered debt guarantee for other companies. 43 companies of these 106 listed companies make the contingent liability become real debt because guaranteed companies default contracts.

从1998年3月16日起我国证券市场开始推行ST制度以来到2003年底,共有178家公司被ST,其中在被ST的前3年中,存在对外担保的上市公司有106家,在这106家上市公司中有43家公司由于被担保公司逾期未还担保贷款而使上市公司的或有负债成为实际负债。

Through Jeeves, I reached the Smithfield Collection (smithfield-companies.com/collection), and despite the pretentious name for a company that slaughters pigs, I got delivery of a crusty, honey-soaked ham in an ice chest left under the porch, per my instructions, in one day's time.

通过吉维斯,我登上了史密斯菲尔德藏品站点(Smithfield-companies.com/ collection )。虽然这个域名对一个生猪屠宰场来说有些自吹自擂,但是我还是订到了一个用蜂蜜浸制风干的火腿,并遵从我的指示,装在冰箱里在一天内送到门口。

In the second place, this paper uses the financial data reported by China's private listed companies and statistical analysis skills to test the theories and hypotheses. The research collects all required data from 2000 to 2002, examines the profit ability, the gain ability, the repay ability, and the cost control ability for all sampling listed companies by using Paired-Samples T test in the quantitative analysis section. The results show that these listed companies'profit decreases, income increases, repay ability enhances after the companies go public. Finally the paper takes the non-operating expenses as the illustrating index for the cost control capability of the companies to demonstrate that there is an obvious increase of non-operating expenses after getting great amount of money in IPO, in this sense it can be stated that there is the intendancy of low capital utility rate in private companies.

研究选用了描述性统计分析方法对样本企业IPO前后时段的财务指标进行了对比考查,并运用配对样本t检验方法进行了显著性检验,研究结果表明民营企业在IPO前后的盈利水平总体上是显著下降的;同时研究也显示虽然获利水平出现了小幅上升,但这是由于企业通过IPO融资增加了投资规模导致的;企业的偿债能力在IPO之后有明显的好转;研究最后以营业外支出作为企业成本控制能力的解释指标,发现企业在IPO上市融得大量资金后对主营业务以外的支出有明显的增多,可以判断民营企业存在资本利用效率低下的现象。

Octagon Greater China is a subsidiary of the Interpublic Group of Companies, and a pioneer in specialized event management.

八方环球作为美国上市公司Interpublic Group of Companies 属下的分公司,一直以来都是项目管理及项目市场顾问的先驱。

That case was first brought in 2007 by trustees for three pension sponsors Unisystems, Nashua Corp and the Andover Companies who accuse SSgA of breaching its fiduciary duties under the Employee Retirement Income Security Act by allegedly mismanaging certain bond funds and misrepresenting their risk.

三家养老金赞助商--优利系统公司、Nashua Corp和Andover Companies--的受托人最初于2007年提起诉讼,指控道富环球对某些债券基金管理失当且未如实说明风险,违背了《雇员退休收入保障法案》规定的受托责任。

Third, this paper theoretically demonstrates and analyzes the four assumptions of the preference theory of guarantee behavior of Chinese listed companies:(1) On the condition of guarantee behavior preference of Chinese listed companies shaped, Chinese listed companies take on the risks, duties and functions on evaluating and supervising the debtors which Chinese banks transfer to listed companies;(2) On the condition of guarantee behavior preference of Chinese listed companies shaped, the irrational financial and investmental psychology of the debtors bourgeons, and then, results in the appearance of irrational behaviors;(3) On the condition of guarantee behavior preference of Chinese listed companies shaped, the security screening system of bank is deformed, the "relation-security system" forms, and results finally that the self-develop system of the debtors becomes flabby;(4) On the condition of guarantee behavior preference of Chinese listed companies shaped, the "guarantee chains" and the "guarantee nets" give birth, and the "tool" function of guarantee,"guarantee chains" and "guarantee nets" forms.

第三,对中国上市公司担保行为偏好理论的&四大假说&进行了理论分析和验证:一是在中国上市公司担保行为偏好形成的情况下,上市公司承担了由银行通过保证担保转移过来的、对借款人进行评判和监督的风险、责任和职能;二是在中国上市公司担保行为偏好形成的情况下,借款人非理性投融资心理倾向萌发,并进而导致其非理性投融资行为产生;三是在中国上市公司担保行为偏好形成的情况下,银行担保筛选机制扭曲、&关系—担保机制&形成,并最终导致借款人&自强&功能弱化;四是在中国上市公司担保行为偏好形成的情况下,担保链、担保网得以催生以及保证担保、相互担保和担保网的工具性功能得以形成。

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。

The empirical study discovers that:(1) The information technology companies in Taiwan that invest in China shows better financial performance, growth opportunities and company assets than those that don't. It indicates that the companies investing in China have better performance, higher growth in the future, and the tendency to expand;(2) In terms of the relationship between the scale of investment and the performance of the parent companies, the information technology companies listed in Taiwan show an S curve while the top 100 information technology companies in 2005 lead to a U curve, which indicate that information technology companies adopt different management methods at different stages. The enterprises with better sales don't exceed the optimal degree of investment;(3) The growth opportunities of the information technology companies listed in Taiwan investing in China have positive

实证结果发现:(1)台湾资讯电子业赴大陆投资在财务绩效、成长机会与母公司规模皆高於未赴大陆投资者,显示出赴大陆投资者绩效较好、未来具有较高的成长、有大型化的趋势;(2)台湾上市柜资讯电子公司与2005年前百大排名电子公司大陆投资程度与母公司绩效关系分别呈现S型与U型,显示资讯电子业在不同阶段有不同的经营模式,营收较佳的企业未超过最适的投资程度;(3)台湾上市柜资讯电子业赴大陆投资之成长机会对财务绩效具正向影响,显示出大陆投资之成长机会愈高,则有较佳的财务绩效;(4)台湾上市柜资讯电子业之大陆投资程度会影响母公司成长机会,显示随著大陆投资程度的变动,明显牵动母公司的成长机会。

A copy of Notice of Situation of the Registered Office certified as true copy by the Registrar of Companies

Companies;(2)公司的注册办事处通知书副本,并由公司注册处处长证实其为认证副本

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This is not an ordinary box, which is used as a background picture of the dialog box, very pretty.

详细说明:这可不是一个一般的对话框,它是用图片作为背景的对话框,非常好看。

Conceal me what I am,and be my aid for such disguise as haply shall become the form of my intent.

遮掩我的身份,帮助我,我的面具将成为我的目的。

Now, there is no effective methods for this disease, chemotheraphty and hemapoietic stem cell transplantion are often used, but complete remisson rate is not very high.

目前还没有良好的治疗方法,常采用化疗和造血干细胞移植的治疗手段,但完全缓解率并不高,而且在治疗过程中容易诱发肿瘤溶解综合征。