�Y�a(ch��n)ؓ(f��)��ʸ��_(d��)68% ʥԪ�h(hu��n)��ʹ�B��p��[��

��r�g��2016-04-15 09:21 ��Դ��Ͷ�Y�r�� : ��x��5703

��ڽ��ߴ��֧�֣��ٟ��l(f��)늺��ˮ̎��ȭh(hu��n)��I(y��)Ҳ��Ȼ��Y��Ј��Ľ��,��

ʥԪ�h(hu��n)��ɷ��޹�˾(�·Q“ʥԪ�h(hu��n)��”)��һ��I��ٟ��l(f��)늺��ˮ̎��I(y��),��ԓ��˾��IPOӋ��Cȯ��У��l(f��)�в��^6364�f��,��Mļ�Y8.6�|Ԫ,��Ҫ��ڃ��ٟ��̵Ľ��O(sh��)��

��Ͷ�Y�r��ӛ�߲��L�I(y��)��(n��i)��ұ�ʾ,��“��(d��ng)ǰ��ڇ��ߵķ��,��ٟ��l(f��)늺��ˮ̎��I(y��)�ʸ��ٰl(f��)չ�B(t��i)�ݡ��δ��߳��F(xi��n)�{(di��o)��,��˾��(j��ng)�I��ɲ��Ӱ�,��ͬ�r��˾߀��R�ə�(qu��n)��L(f��ng)�U,��Ⱦ�ﳬ��(bi��o)�ŷ�,��~��Ϣ�L(f��ng)�U�ͼ��g(sh��)ƿ�i��T��(zh��n)��”

��˺ͳ��(bi��o)�ŷ��L(f��ng)�U

ʥԪ�h(hu��n)��Ҫ��ٟ��l(f��)늺��ˮ̎��I(y��)��(w��),��ٟ��l(f��)늏S��ˮ̎��S�ֲ��ڸ��,��K��ɽ�|�͸��C��ʡ��,��г��̎��Ҏ(gu��)ģ�_(d��)1�f��/��,��ˮ̎��Ҏ(gu��)ģ��40.5�f��/�ա�

�係�ɱ��1.9�|��,��H��˞��Ӻͺ��,��˴�IPO֮ǰ��˺�Ӌ�ֹ�ռ��52.96%,��ΰl(f��)�к�,��m��˺�Ӌ�ֹɱ��½��39.72%��Ԟ鹫˾��H��,��,��I(y��)��(n��i)��ʿ�J(r��n)��,��ԓ��˾��ڌ��H��˳ֹ��^��L(f��ng)�U��

ͬ�r,��ʥԪ�h(hu��n)��߀��Ⱦ��ŷų��(bi��o)��L(f��ng)�U,��(j��)�йɕ��@ʾ��ٟ��l(f��)늺��ˮ̎��^��и��Ⱦ��ŷ��ǹ�˾��a(ch��n)�\�I�ĺ��ָ��(bi��o),��ԓ��˾��˳��Ⱦ��μ��g(sh��)��(y��n)��ʩ,��_��a(ch��n)�\�I�^��Юa(ch��n)��ĸ��Ⱦ��χ��Ҙ�(bi��o)��(zh��n)��

��ڃ�(n��i),��ͨ��˾�\�I��r��a(ch��n)�^��Ⱦ��ŷų��(bi��o)�ܵ��ܲ��T̎�P��,��˾��F(xi��n)ͻ�l(f��)�Cе�O(sh��)��ϻ�ˇ��¹ʵȣ��п��܌�(d��o)�¹�˾��a(ch��n)�\�I�^��е��Ⱦ��ŷų��(bi��o),��ڱ��ܲ��T̎�P��L(f��ng)�U,��Ķ��˾��a(ch��n)��ɘO��Ӱ푡�

��~��Ϣ�L(f��ng)�U��

ʥԪ�h(hu��n)��I�I(y��)��L��S��M��,��ؔ��(w��)�M�õ��,��һ��I��Lͣ��P(gu��n)�M�õ��^�m(x��)��ӷ��ۃ��,��

��(sh��)��(j��)�@ʾ,��2014�깫˾�I�I(y��)��ͬ�ȃH��L4%��s�»�21%,��ӛ��о��l(f��)�F(xi��n),��ͬ�ڹ��M�ú�ؔ��(w��)�M�ú�Ӌ��L��20%��2013��ӽ�0.1�|Ԫ,��˾2013��0.5�|Ԫ,��0.1�|Ԫ��M�ã��Ӱ푺ܴ�,��Ҳ��Ƀ��»��Ҫԭ��,��

��ˣ��˾�йɕ��@ʾ,��аl(f��)�Ŀ��аl(f��)�M��ϝq��ɹ��M��ӵ�ԭ��,��ؔ��(w��)�M��L��Ҫ��ڈ��ڃ�(n��i)��˾��Ҏ(gu��)ģ�^��Ϣ֧��^��ɵ�,��

��(j��)�˽�,��˾��Ϣ��(w��)��Ҫ��y�н��Y��U��(g��u)�ɡ��P(gu��n)��(sh��)��(j��)�@ʾ,��2014��ĩ��˾��Ϣ��(w��)��~��Ӌ��7.94�|Ԫ,��ռ��Y�a(ch��n)��54.84%,��Ҏ(gu��)ģ�^��,��Ϣ֧��ռ��ı��ܸߣ��˹�˾��ˮƽ׃��ʮ��,��

“��J��(zh��n)�ʻ�˾δ��J��Ϣ֧��,��˾��ӯ��ˮƽ�ͬF(xi��n)��a(ch��n)��Ӱ푡�”�I(y��)��(n��i)��ʿ��ӛ�߱�ʾ,��

��ؓ(f��)��ɸ��Ϣ,��KӰ��˃��2014�깫˾�Y�a(ch��n)ؓ(f��)��_(d��)68.5%,��ИI(y��)ƽ��ˮƽ��59.7%,��ˣ��˾�йɕ��ʾ,��ؓ(f��)��c��˾��̎�ИI(y��)��P(gu��n),��

ͬ�r��ٟ��l(f��)늺��ˮ̎��Y��ܼ��ИI(y��),��Ŀ��O(sh��)��Y��Ͷ��^��,��˾��Ҫͨ�^��Y��e�ۺ��ⲿ��Y(ji��)�ϵķ�ʽ��ڽ��Ŀ��Ҫ�Y��Դ��

�S��δ��O(sh��)Ͷ�YҎ(gu��)ģ�ĔU��,��˾�Y�a(ch��n)ؓ(f��)��ʿ��Mһ��,��ڃ�(n��i)��˾��ͬ�r��R��߀��\�I�Ŀ�L�ڽ��ӌ��O(sh��)��ĿͶ��p�؉��,��

��{(di��o)��L(f��ng)�U

��ИI(y��)��濴,��“ʮ��”Ҏ(gu��)��_��ٟ��ڇ��(n��i)�ă�(y��u)�Ȱl(f��)չ��λ��ʹ��“ʮ��”Ŀ��(bi��o),��(n��i)��ٟ��Ȼ��40%��,��“ʮ��”��g��@�˵İl(f��)չ��g��

“��(j��)��Ҏ(gu��)��,��δ��,��ˮ��̎��Ҫ�_(d��)��80%��С��Ҫ�_(d��)��70%,��˭h(hu��n)��ИI(y��)�l(f��)չǰ��V�,��”ɽ��Cȯ��I(y��)�о��T��÷��ӛ�߱�ʾ��

��ʿ�J(r��n)��,��S��(zh��n)��M�̵��M,��“��”��ң��ȼ��g(sh��),��(j��ng)�ٟ��󲻃H�ɴ��w�e,��߀�܏��Ы@��Դ��ˮ��Ⱦ,��ٟ��δ��҇��Ч��̎��ֶ�,��Ҳ��o��߶�֧��,��

��(j��)�йɕ��@ʾ��ڇ��P(gu��n)��,��ٟ��l(f��)늺��ˮ̎��ИI(y��)��ʸ��ٰl(f��)չ�B(t��i)��,��δ��ИI(y��)��߳��F(xi��n)�{(di��o)��ٟ��l(f��)늺��ˮ̎��ИI(y��)��֧��Ȝp��,��̎�ИI(y��)�l(f��)չ�ٶȌ�څ��܌�ʥԪ�h(hu��n)��δ��a(ch��n)��(j��ng)�I�a(ch��n)��һ��Ӱ�,��

��(j��)�˽⣬ĿǰʥԪ�h(hu��n)��18��S��(j��ng)�I��(qu��n)�Ŀ,��13��ٟ��l(f��)��Ŀ��5��ˮ̎��Ŀ,��˾��δ��@ȡ��Ŀ��y��ӣ��ܳ��F(xi��n)�頎ȡ��ӽ��Ͷ�Y�؈��ʵ��,��Ķ�Ӱ푹�˾��(j��ng)�I�I(y��)��,��

��⣬2015��3��,��(w��)Ժ�°l(f��)��P(gu��n)��Mһ����w�Ƹĸ��Ҋ��,��δ�팢��M늃r�ĸ��Ј��יC��,��ИI(y��)��(n��i)��J(r��n)��,��ԓ��ߵĳ��_��?q��)��?d��o)��늃rδ��{(di��o)20%��ҡ�

��йɕ��ʾ,��ǹ�˾��Ҫӯ��Դ,��ڻ��A(ch��)늃r�Ј��ı��£��l(f��)늘I(y��)��(w��)�ϾW(w��ng)늃r�a�N��ُ��߿��S֮�{(di��o)��,��M��Ӱ푹�˾�İl(f��)��ӯ��ˮƽ,��

�c��ͬ�r��ʥԪ�h(hu��n)��ٟ��l(f��)늺��ˮ̎��Ŀ,��ÚW��,��ձ��Ȱl(f��)�_(d��)��ҵĻ��̎��g(sh��)��ҹ�˾�ڼ��g(sh��)�\��зe��˶��ꌣ�I(y��)��(j��ng)�,��l(f��)չһ��(y��u)�㼼�g(sh��)�˲�,��

��δ��˾��R��F(xi��n)��a(ch��n)��ˇ��̺��B(y��ng)�¼��g(sh��)�˲ŵ��~��֧��ӹ�˾�Ľ�(j��ng)�I�ɱ�,��,��g(sh��)׃��߀�п��܌�(d��o)��ٟ��l(f��)늺��ˮ̎��ИI(y��)��_��ߣ��M��˾δ��a(ch��n)��(j��ng)�I�a(ch��n)��Ӱ�,��

����D(zhu��n)�d��ǳ��ڂ��f��Ϣ֮Ŀ��,��Ё�Դ��(bi��o)ע�e�`��ַ��ĺϷ��(qu��n)�棬Ո��߳֙�(qu��n)��C��c��W(w��ng)(li��n)ϵ��҂��r��,��h��,��x�x��