Approval of Yahoo board of directors restarts AOL incorporates negotiation
October 4, 2008
Beijing time on September 24 message, foreign media reports, occupy personage of know the inside story to divulge, zhou Er decides Yahoo board of directors, start the amalgamative negotiation with AOL afresh.
In Yahoo August after shareholder plenary meeting, radical investor blocks Er · Yi Kan (· of Frank of the CEO before Carl Icahn) , Weiyakangmu Biangdi (the CEO before Frank Biondi) and Nextel Partners writings brush · investigates general about (John Chapple) joins in formally Yahoo board of directors. Zhou Er, new directorate was held first the conference, discuss Yahoo future to develop the strategy.
Say according to personage of know the inside story, yahoo board of directors has been approved start the amalgamative negotiation with AOL afresh. But at present, both sides has not launch active negotiation. As resist the one share that Microsoft buys a plan, yahoo and AOL today spring ever had discussed amalgamative matters concerned. But as Microsoft exit, bilateral negotiation drops in temperature with each passing day.
· of Jeff of CEO of times China accept Bikesi (Jeff Bewkes) ever expressed last week: “Hope to finish AOL as early as possible tear apart the job. “Wanner declares the era last month, the plan is at the beginning of next year AOL dial with advertising Wu is torn apart for door of two greater part.
After tearing apart, times China accept dials business sells probably or incorporate with other company. As to advertisement and Internet business, personage of know the inside story says, AOL still is holding informal negotiation with Yahoo and Microsoft.
Nevertheless, yi Kan is accepting last week when interviewing, ever said: “Yahoo still wants to rise jointly with Microsoft, otherwise two companies are strangled likely by Gu Ge. “But at present, microsoft and Yahoo did not launch a negotiation.
Li Jianxi of chairman of SamSung group board of directors says to will consider abdication
April 13, 2008
Time of Beijing of dispatch of Netease science and technology on April 11 message, according to foreign media coverage, li Jianxi of chairman of SamSung group board of directors (Lee Kun-hee) Zhou Wu expresses, because sufferred bribery scandal to affect Korea this the oldest industrial tycoon image, he will consider the structure of pair of this companies and administrative layer to undertake recombining, this includes his own position among them. Li Jianxi steers a boat the time of SamSung group has been as long as 20 years.
Li Jianxi accepted the 2nd round of ask of group of special procuratorial work, subsequently he expresses to media: “My general considers structure of group management layer and administrative layer battle array carefully recombine a problem, include myself among them. ” should ask about this to whether mean him to will resign when post of chairman of SamSung group board of directors, li Jianxi expresses him ” will consider this issue. " Korea countryman parliament (South Korea's National Assembly) the investigation that the president before mixing approved the group of special procuratorial work that establish to started pair of SamSung bribery cases January this year, investigation personnel will gather evidence before April 23.
Before SamSung group chief attorney Jin Yongzhe (Kim Yong-chul) will claim November last year, samSung group built an amount to amount to 200 billion Han yuan (add up to 205 million dollar about) bribery fund, and use person of impeach of this capital bribery and judge. He still says, li Jianxi’s wife boodles this the partial capital in fund is used at buying costly brushwork from abroad. But, samSung group gave entirely to these accusation at that time deny. Before a week, the first time subpoena that Li Jianxi of 66 years old suffers special inspection team this year and the first round of ask that accepts special inspection team, time is as long as 11 hours. And team of 5 special inspections is opposite this week the 2nd round of ask of Li Jianxi had 5 hours only.
Li Jianxi still expresses, he is willing to assume responsibility for bribery scandal and will be ” assume full responsibility, include among them mix on spirit jural. ” his this breaks up word and the content photograph of expression of 5 the place when he is accepting ask of special inspection team first is similar last week.
SamSung group is a giant business tycoon, tens of home companies are had below the banner, involve electron, shipbuilding, building, insurance and recreational wait for an industry. Because Li Jianxi makes the electron of flagship company SamSung of SamSung group be trusted for top class whole world brand, his late father at SamSung group was being established 70 years ago.
Concern besides investigation build bribery fund and outside employing this capital to purchase artwork from abroad, investigation personnel still is investigating the accusation that trades to this company darkness, include the complex droit construction of this company that his familial palm controls among them.
These enterprises below group division all the time since overheat of relation of the politician that be mixed by accusation, and carry out illegal trade, the purpose is to avoid pay taxes is mixed and transfer money to heir. Last week, the time with interrogatory to Li Jianxi wife group of special procuratorial work is as long as 6 hours. In addition, li Jianxi’s son (a of SamSung electron tall canal) , the official of a few high levels of elder sister’s husband and SamSung group, the number hour that also sufferred series of special procuratorial work is interrogatory.
Microsoft CEO sends the ultimatum letter of Yahoo board of directors
April 7, 2008
Guide language: Microsoft is presiding apparitor Steve Baoermo (Steve Ballmer) is given out to Yahoo board of directors Saturday ” ultimatum is believed ” , if cannot be reached before April 26,claim trade, will start ill will to buy with lower price. The entire content of this letter is below:
On January 31, we were referred to Yahoo board of directors relatively price of excessive of Yahoo share price of 62% buy quoted price. On Feburary 1, we announced this one news external. From that later, had gone the time of two many months. We put forward such generosity buy quoted price, basically be to buy a process quickly, and finish final and friendlily trade. Nevertheless, in the past two months between us trade to still do not have any progress.
Although the administrative layer of two companies had finite communication, but the negotiation that did not begin any materiality, also cannot come to an agreement of course. We know, you are considering all the time and evaluate other replacement scheme, include to seek the other company with Internet industry to reach trade. But, you manage layer and Microsoft to begin a negotiation without accredit Yahoo all the time however, and ignored us completely buying program is you the choice with exclusive logical fairness. Case of this one party offerred the opportunity of future of company of a choice for every Yahoo partner, also added the option of content fabricant, advertiser and consumer at the same time.
Trade in this be immersed in standstill in two months, internet continues to develop ahead, but stock market and American economy appeared to comparative however the decline of extent, the influence to Internet company especially apparent. tripartite data shows, the share that Yahoo owns in search market, and page visit quantity all produces now to slip. Final, you adopted the new plan that aims to make the company controls authority change to become more difficult.
Will measure from any angle, the excessive price that we offerred this year in January has appeal more now. We believe, major shareholder holds with Yahoo this one viewpoint, although you announced not long ago,one develops the financial plan related foreground with future.
Be based on current condition, when we thought to go to two companies to sit together to launch a negotiation with respect to final amalgamative agreement now. What Microsoft is the same as Yahoo is amalgamative and OK offer greater value for bilateral partner, and the company that establishs to have efficiency and competition ability more, the client that is us offers Wu of more value kimono. If cannot at future 3 come to an agreement inside week, we will be forced to trade this partner of Yahoo of direct resort to, include to start a dealership to contend for battle, in order to elect new Yahoo director. We offer in buying program considerably excessive price enough makes clear, our hope and you are begun friendlily trade. If we are forced to quote to Yahoo partner directly, the company value that will give Yahoo brings you not to consider the effect that see, because we develop to future,the view of foreground will be mirrorred in buying quoted price.
You choose different Microsoft to begin the negotiation of materiality, because did not consider what such brushstroke can give Yahoo partner and employee to bring huge increase carefully to trade,be, this makes a person feel regretful. We think, you ought not to miss a such opportunities, this are very important. (Meng Fan)
Nuojiya is in charge of chairman of board of directors of alliance of technology of replace blue tooth high
March 1, 2008
Blue tooth technology is allied (SIG) announced recently, appoint Nuojiya the firm tall canal Ian Macnamara holds the post of chairman of board of directors newly for alliance. Current, the board of directors is formed by 7 members firm. Regard a board of directors as the chairman, the task of Macnamara is to guide each member firm to drive alliance of blue tooth technology to innovate ceaselessly, blue tooth of farther promotion is wireless technology.
Alliance of blue tooth technology carries out chief inspector Dr. Michael Foley to express: “Come for years, ian and Nuojiya take an active part in the research and development of blue tooth technology all the time. Alliance of blue tooth technology is preparing to use what the Wibree technology that develops by Nuojiya regards blue tooth as the technology to exceed energy-saving solution, ian right now it may be said of chairman of replace board of directors just meets meantime. Ian right now it may be said of chairman of replace board of directors just meets meantime..
Macnamara holds the position of Nuojiya now complementary sex is wireless platform business department (manager of technology of Complementary Wireless Platforms Group) . Macnamara has 20 old management experience. He of one’s previous experience of electronic project major ever still devoted oneself to the radio frequency of Europe and Asian region industry and consumer goods to design for years, he begins to be engaged in supervising the work afresh again later. In 14 years when work in Nuojiya, the design that he basically is in charge of communication product, make and of relevant standard and standard make. Current, macnamara responsible PAN and GPS technology are evaluated and choice and relevant strategy are mixed of executive plan make.
Macnamara says: “Blue tooth technology is lying to deliver the level that exhibit flourishingly. Technical alliance reachs his firm of thousands of member is passing the ceaseless and perfect technology, demand that develops new market and integrated and wireless technology to satisfy a client better, can be elected as chairman of board of directors, job of below responsible leader one year and make blue tooth technology of 10 years will develop a program henceforth, I feel special honor. I feel special honor..
To 2008, blue tooth technology has been born 10 years, current, nearly 2 billion equipment used this technology. Macnamara believes to be born as what exceed technology of blue tooth of feebleminded bad news and high speed, blue tooth technology will get popular further.
Macnamara still points out: “Exceed technology of blue tooth of feebleminded bad news to be blue tooth open of standard of this one whole world broader new market, move for example and fitness, still can be applied extensively at the application such as medical treatment equipment, monitor and inductor. On the other hand, technology of high speed blue tooth can let consumer use wireless technology faster, more transmit mass data conveniently, for example video and whole music library. For example video and whole music library..
Divide outside holding the position of chairman of board of directors of alliance of blue tooth technology, macnamara still was taken an active part in exceed broadband technology (the standardization of UWB) works, at the same time he also is the directorate member of WiMedia alliance. Alliance of blue tooth technology is devoting oneself to to have UWB and blue tooth level combinative, in order to raise the rate of this technology, new technology predicts will 2009 research and development succeeds.
Since the day that announce, macnamara will replace Dr. John Barr of Motolora company formally, become chairman of board of directors of alliance of technology of tooth of new Ren La. Dr. John Barr will hold the position of vice-chairman of board of directors.
The computer board piece: The bag leads software industry outside tall grow
February 18, 2008
Home of king of □ galactic negotiable securities brights
5 years compound increase rate will amount to software industry future 17.2% , growth is the rapiddest is industry of the steamed stuffed bun outside software, it is management next software and system are compositive; And hardware industry future is added 5 years fast have 9.3% only. Meanwhile, city of current hardware industry is filled with rate want industry of prep above software. Accordingly we think, software industry is put in better investment chance, and do not value to hardware industry whole.
Strong growth hardware adds software situation is gently
Market dimensions reached computer industry 2006 570 billion yuan, did not come 5 years will with average the rate of 15.3% rises. Among them, software industry led the growth of whole industry, market dimensions was 66.5 billion yuan 2006, grew 17.8% , the compound increase rate that did not come 5 years also will maintain in the Gao Shuiping of 17.2% . Although service industry achieves 25% growth rate of the left and right sides, but industry dimensions still slants small, and the market is split. Hardware industry is added fast slant apparently delay, have 11.5% only. Investment opportunity basically is in software industry.
In software each child in the industry, increase a space with the bag outside software the biggest, the compound increase rate that did not come 3 years is 39% , and we think, its future can keep 10 years tall add fast, this opened a space with respect to the growth that is relevant enterprise. Administrative software still is in long-term, its most future of substantial ERP software increases rate 3 years for 19.3% , rapidder growth tends plus the industry oligopoly, promote a space to precede the enterprise created good profit. Compositive growth rate maintains the system gentle, future is 3 years about 16.0% , although the competition inside the industry is intense, but manage strict, cost to control preeminent company to showing itself.
In general hardware industry, the market sale increase rate of table machine is tending backwater, notebook computer market maintains the fast growth of 20% above. A hardware appears on the market the company all is in weak force in notebook computer market, cannot enjoy the benefit of industry fast growth. Special hardware market maintained distinctive and better demand.
Line of business is included 10 years outside software tall grow
Chinese software and market of the bag outside taking Wu off shore are in increase rate was as high as 43% 2006, but this just still begins, market of the bag outside Chinese software just is entered grow inchoate. IDC is forecasted, the compound increase rate that future includes the market 5 years outside software will be adjacent 40% . We think, future wraps the market 10 years to will present fast growth state outside Chinese software, market dimensions grows 10 years in future more than 10 times.
Look quite from international, china has all becoming compare a dominant position that what big country includes outside software: The support of the Japanese with tremendous, better than other country dimensions of amount of the technical personnel of low cost, software development staff and better English level, policy. But, china holds share in global place negligible, have Indian 1/13 only, china occupies the United States to send the portion of packet of market to be less than 1/100. This is meant, space of development of business of the bag outside Chinese software is vast.
Why does China lag behind at India far on market of the bag outside software? Because start late. Market of the bag outside the off shore software of globalization takes off at last centuries 90 time, and in those days Chinese software, compositive with hardware inside need very strong, software company benefit is good, bring about all of domestic software company dedicated at home market, missed development good opportunity. Domestic IT course of study turned into low ebb 2001, the competition between the enterprise is intense, profit space is compressed, domestic software company just begins market of the bag outside paying attention to. Compare with Chinese photograph, demand of Indian home IT is very little, the enterprise can develop an international market with all one’s strength only, the software person with ability that domestic place develops is engaged in for the most part at the industry is being included outside software. India captured this good luck to gain the success that precedes absolutely just about. The circumstance differred now, be in China at present, software company thinks almost outside bag business is the field that provides profit to increase latent capacity most.
The requirement that business includes outside off shore just comes from a developed country, it is big company more, the Xiaogong in also having manages. Although just have an advantage in the demand on price ability, but demand just assigns depress value nevertheless normally, however space of intended obligate profit gives supply square, what just pay close attention to most because of demand is price of quality and rather than, can give Chinese development to had saved a lot of cost project subcontract.
The profit margin of business is included outside software and service off shore and won’t develop because of industry dimensions and decrease. China is starting level, as the sale dimensions increases, the enterprise will make sales profit ratio promotes because of entering dimensions economy. Look evenly from supply and demand, supply deficiency will be long-standing, project profit margin won’t drop. Look from Indian experience, two the biggest outside the sales profit ratio that includes a company maintains for a long time in higher level.
In A appear on the market in the company, soft share is on the bag outside domestic software east the first, basically be pair of day professional work; Outside be on domestic software, large network of short for Zhejiang Province wraps the 7th newly, the bag outside be on pair of beauty the first, manage at the same time pair of beauty, right day professional work. East of soft share profit 75% come from at the bag outside software; The profit that large network of short for Zhejiang Province has 27% newly only comes from at outside bag business, but specific gravity is rising quickly; Sea grand software includes a business outside software only, it is pair of day professional work entirely; unripe to Chinese software and constant electron, the proportion that the bag outside software takes whole business is too small still.
Key company grade
Compare with phase of abroad capital market, domestic software and system are compositive kind appear on the market the city of the company is filled with rate level on the high side, the city of the United States and industry of software of Indian capital market is filled with rate in 18-24 times, and field of A stock market achieves 46 times. Look from the whole world, IT industry, software industry, hardware industry is maintaining gentle boom. General of bid of American capital market - 500 indexes walk along application software index and mark general one year recently situation is relatively consistent; Hardware index goes force is very powerful, main reason is notebook computer replaces table machine trend to quicken, bring about produce can nervous, and this one element appears on the market to domestic hardware the company is not benefit not only good, and attribute interest empty factor, because of domestic general hardware kind appear on the market general director is short at table machine at jotter.
Be filled with from city rate look quite, 2008 the anticipation of software industry city is filled with rate general to amount to 33 times, prep above Shanghai is 28.8 times of 300 deeper; Hardware industry anticipated city is filled with 2008 rate achieve 37.9 times, also prep above Shanghai is deep 300, and industry of tower above software. The outstanding achievement that considers software industry can have 40% 2008 grows rate, and increase rate of hardware industry outstanding achievement has 15% only, we think, software industry is put in better investment opportunity, and do not value to hardware industry whole.
In the PB that we do comparative ROE/Ke pursues medium, abroad appear on the market the appraise value odds ratio of the company is more apparent, include SAP, ORACLE, associate. Because this is a static state only,compare, a the growth advantage of the company cannot be reflected. In A in the company, appraise of software of grand of stone radical information, sea is worth on the high side; Although show the specific value that has an advantage relatively,Hua Shengtian is become, but we look weak the long-term growth rate of these two companies, also do not grant to recommend so.
In PE/EPS-CAGR contrast pursues medium, a company look compares Yu Hai outside congener appear on the market although the company has faster city to be filled with rate, also have higher increase rate at the same time, both relative value compares difference not apparent. Through PE/EPS-CAGR contrast pursues, a computer industry appears on the market the relative value of the company appears go out to distributing in order.
We value industry of the bag outside software east large network of soft share and short for Zhejiang Province is new, these two companies are pair of day and the bibcock enterprise to the bag outside beautiful software respectively, balance its very fast city to be filled with rate and higher outstanding achievement to grow rate, give ” discretion is recommended ” grade.
We use friendly software to give to running the bibcock company of software industry ” discretion is recommended ” grade, its PEG is as high as 2.1, because firm yield is exorbitant 2007,be bring about future two years on the low side of net profit increase rate, if our get rid of gives its yield, criterion PEG is amended for 1.7, have investment appeal. Constant gives birth to an electron outstanding achievement increase rate of two years is high recently, but its outstanding achievement meets tomorrow the influence that is fluctuated by boom of negotiable securities industry.
We very the Dong Hua that values systematic collect to become an industry closes achieve, give ” recommend ” grade. The PEG that the company did not come two years has 1 only, and the company has long competition ability in order to promote outstanding achievement. China Sheng Tiancheng, 100 million open letters are connected in two years the following follow-up growing latent capacity slants weak.
In hardware industry, we are valued with information of square share, spaceflight, did not come to these two companies two years to have good outstanding achievement to grow quality, but longer outstanding achievement growth still cannot decide, give ” discretion is recommended ” grade. The PEG of other hardware company is opposite on the high side.
Produce difference Yang Zhiyuan with chairman of board of directors or sue by partner
February 17, 2008
On Feburary 17 message, bao Si of collect Yi · asks chairman of board of directors of Yahoo of it is reported the gram strings partial directorate member to form an informal alliance, what the view accepts the 44.6 billion dollar that Microsoft offers before this is active buy want to make an appointment with.
According to foreign media coverage, ” new York Post ” if quote understands the message personage of the circumstance, the report says, the investor that this one informal alliance that Baosituoke leads still includes Yahoo, billionaire Bai Keer of collect favour · and other part trustee. He Piwu of · of the gram in trustee dust (Eric Hippeau) , namely the executive copartner of weak silver-colored investment, and Rob of CEO of publication company of another main trustee, Activision is special · take an examination ofing carries Yang Zhiyuan of gram and Yahoo CEO to stand together, they reject those who accept Microsoft to quote first.
Yahoo board of directors last week one formal decline of Microsoft buy want to make an appointment with, the bade that reason is Microsoft underestimated the real value of Yahoo.
This report says, yang Zhiyuan and its proponent and the person such as Baosituoke of chairman of board of directors face Microsoft buy should produce difference about, baosituoke thinking Yang Zhiyuan rejects to sell Microsoft Yahoo just is personal feeling act, not was the interest consideration of Yahoo partner truly. The report says, yahoo board of directors is such the circumstance with differ opinion, meet what suffer partner accordingly probably sue.
3 evening send Yang Zhiyuan last week partner of letter Yahoo collectivity, the bade of Microsoft underestimated the real value of Yahoo apparently, yahoo will be able to develop his skill to full in network advertisement market, real growth just just begins.
Report Yahoo company delegate did not publish a comment at this point.
Do poineering work board mission: New opportunity of Internet of temptation of 10 thousand billionaire
February 17, 2008
A variety of information show, having ” Na Sida overcomes China ” say do poineering work board the market is about to roll out in Shenzhen, gift the mission that fulfils innovation capital engine.
On January 16, 2008, conference chairman Shang Fulin points out card inspect, will accelerate 2008 roll out do poineering work board, strive for this year will roll out before the bottom in May. Subsequently, vice-chairman of standing committee of countrywide National People’s Congress is become think of danger to express, do poineering work board the preparative job before rolling out is main already be in order, “Wait to made fall ” .
Latest news shows, first doing poineering work board will roll out 100 enterprises, have on 1000 companies additionally queueing up. Those who deserve attention is, be in first doing poineering work board in list, high-tech enterprise held absolutely dominant position.
Do poineering work board, this is equivalent to what American Na Sida overcomes a function appearing on the market passageway, 2007 IPO of Chinese Internet company is brought up again and again millions upon millions new a wealthy background under, appear inviting all the more. Card inspect can estimate, at present on field of Chinese A stock market, real high-tech company has only very small one part, so if Chinese tall division (600730 prices, ) ability company future does poineering work board appear on the market, will OK produce 10 thousand billionaire.
Abandon Nasidake returning to Shenzhen
Do poineering work board be about to roll out, affected country the nerve of a lot of high-tech companies, also changed the choice that they appear on the market.
2007 metaphase, the core state science and technology that is located in Shenzhen still is studying is to go to Nasidake or Hong Kong to appear on the market, and the job that they are having in insecurity now is to abandon Nasidake however, turn to Shenzhen to do poineering work board appear on the market. “According to the company new development plans, core state science and technology already decided what will not come to appear on the market the site changes in Shenzhen. ” Zhang Hualong of president of core state science and technology says. Current, core state science and technology is the whole world is the greatest shine put control chip supplier, held the whole world the portion of 40% .
Invest personage analysis to think, similar core state such high-tech enterprise, choice circumfluence home appears on the market to will make a kind of new trend probably 2008.
Suffer this effect, more is new 3 board enterprise also to advocate board launch offensive. Ever turning on board road frustrated new 3 board ” long its software ” (announcement weighed 430007) recently, will again to advocate board launch offensive. Long personage of its software interior discloses, this IPO issues 15.3 million, financing dimensions is 210 million, basically move 5 new investment projects with Yu Qi. In security market, new 3 board be regarded as generally to do poineering work board hatch implement, as new 3 board the first rises board, if long its software turns successfully board, will right whole market high-tech have carry display vigour to use, promote do poineering work board accelerate roll out.
ZhongGuanCun (000931 prices, ) whole of high-tech garden area is right do poineering work board wait and see what happens. Current, zhongGuanCun high-tech company has appeared on the market already broke through 100, amount to 103, financing amount is 100 billion RMB about.
Shanghai also takes aim the look to Shenzhen — include piece of Jiang Gaoke (600895 prices, ) business of ability garden division inside large quantities of one Shanghai companies will appear on the market to Shenzhen. Regard national level as the developing zone, high-tech garden area already became Zhang Jiang the focusing center of Shanghai development high-tech, garden division business already amounted to many 4800, medium and small businesses is numerous, wait for an industry in integrated circuit, software, photoelectron, microelectronics centrally mostly.
It is early at the beginning of 2001, of Shanghai, Beijing and even Shenzhen numerous in enterprise of little science and technology with respect to itch to try, lift receive do poineering work board upsurge. And do poineering work board after heating up, go aground because of a variety of reasons however, a lot of companies must turn and seek other financing channel.
Why to choose Shenzhen to do poineering work board? The answer is very simple. Doing poineering work board the company that the market appears on the market pursues high-tech business mostly, have taller growing sex, but often establish time shorter, dimensions is lesser, financing is very difficult. Because do poineering work board the market designs admiral in the system reasonable and affirmatory do poineering work board the admittance doorsill of the market, highlight the appeal of poineering enterprises of pair of tall growing sex, get used to poineering enterprise characteristic, appear on the market the diversity that the company has growing sex, innovation sex and industry. Accordingly, do poineering work board construction is a when advance an enterprise to innovate independently strong step, also be to enlarge a it is direct financing, difficult to solve financing of high-tech medium and small businesses effective settlement way. In the meantime, do poineering work board roll out also will make achieve cast a concept to become a new investment subject.
Tear apart, to do poineering work board lay in ” seed “
Notable is, the message discloses, ” appear on the market company component, tear apart appear on the market the job is how-to ” do poineering work be accompanying board roll out. Suffer these message effects, tear apart of purpose appear on the market with square science and technology (long rainbow of 600100) , Sichuan (600839 prices, ) (the share price near future such as 600839) rises considerably, rise extent all exceeded 20% , become the scarce ox with stock market medium 2008 the storm and stress.
With square share (600100 prices, ) the last ten-day of a month was accepting Liu Zhicheng of assistant president, president in January when the reporter interviews, express: “Do poineering work board roll out just bring a high grade platform together, we should have used this platform. ” at present, around environment of the sources of energy and IT two big advocate course of study, fall to own 14 subsidiary in all with Fang Qi.
“In 14 handwritings firm, which company is contented appear on the market condition, will tear apart appear on the market. ” Liu Zhicheng is sturdy express, regard high-tech as the enterprise, be the same as an in-house and numerous technology achievement and originality project have a risk, be in blindly with square interior ” mess ” type development certainly will strangles further innovation, the motivation that tears apart accordingly comes from the need at underlying progress.
Sichuan long rainbow (the footstep of 600839) also not rein in. On January 26, sichuan long rainbow releases announcement to say, its accuse innovation of long rainbow of share company Sichuan to invest limited company to will hold some continous 35% equity make over limited company of electron of embellish of in relief rainbow to get embellish electron, make over total prices money to be 19.5 million yuan, implementation yield exceeds 10 million yuan. Although trade this dimensions does not calculate too big, but its show Sichuan long rainbow is in achieve cast it is important to was stridden on business one pace. It is reported, long rainbow is achieved cast what planning at present and participate in to achieve cast a project to amount to ten, include to participate in dimensions to amount to 6 billion yuan among them, be called western of fund of the first estate ” industry of city of continous in relief science and technology invests fund ” .
But to Sichuan long rainbow, its are true on the meaning achieve cast business to extend ability to just begin. A personage of long rainbow interior discloses, up to now, a few technologies in subordinate of Sichuan long rainbow kind in the company, IT of science and technology of network of the microelectronics that be like rainbow, long rainbow, long rainbow, long rainbow is achieved cast achieve cast a function to had begun to show. These enterprises will be achieved as long rainbow cast it is what be about to roll out ” do poineering work board ” of reserve ” seminal company ” .
“The 2nd acting Internet ” hearten new opportunity
Actually, do poineering work board of the market roll out, also affect to Chinese Internet industry quite big — after all, chinese Internet is abroad appear on the market cost is bigger.
2008 Spring Festival eve, xing Ming of president of skyline of community of Chinese famous network goes there and back more than 5 times to Shenzhen from big talk. To Xingming, the attraction with the biggest Shenzhen is about to roll out namely do poineering work board, for this he must spend so many time to have nervous position, have more intimate contact with a variety of means and domestic capital market.
The personage inside course of study expresses, network company has not been born on field of domestic A stock market at present ” one elder brother ” , who can make network of field of A stock market the first, for the network company that this space drafts to appear on the market to home, not without glamour.
The Internet company that adopts same think of a way with skyline community is not little. “Domestic capital market lets us feel rise with force and spirit, we are doing poineering work first consideration board the possibility that appear on the market. ” Gu Yongqiang of president of actor cruel network says. Still have strange tiger net, rich guest net with what he expresses similar view, search of predestined relationship of beautiful of 10 thousand nets of Chinese, century, China is waited a moment. Although be in,speak of character discretion gives when appearing on the market, but they happen to coincide the earth’s surface is revealed to doing poineering work board interest, do poineering work to Shenzhen board ” new economy mode ” fixed position expressed extremely tall hope.
To Chinese Internet company, this is a kind sadly the change that medium happening — in the past, although Internet company appears on the market,hot wave is moved, but it is to seek abroad or Hong Kong appears on the market, now, these Internet companies had the choice that more more advantageous oneself expand.
Go up somehow look, net of guest of skyline, strange tiger, rich belong to ” the 2nd acting Internet ” enterprise, scope is little, business mode is onefold, but in respective domain it is the person that above average. Do poineering work board roll out, will lay stitch a shot in the arm to these Internet companies undoubtedly.
“The message says, do poineering work board the doorsill is 30 million yuan, this good at benefit to notting less than a lot of small-sized Internet enterprises that are badly in need of financing news, pay close attention to height to this market. ” agitato of controller of an Internet company says. Before this, domestic capital market asks to the enterprise that appear on the market must successive 3 years of gain, and must be the business that home registers, established entered threshold for enterprises of a lot of generation Internet. But this doorsill will be reduced greatly now, company of Chinese more Internet also had the sth used to one’s own advantage that appear on the market.
“We care still have, shenzhen does poineering work board whether like Hong Kong is in in Nasidake, Alibaba like Baidu, get relatively overmeasure is worth and fix a price. ” Xing Ming thinks, china does poineering work resourceful, and, the Chinese is right of the market run and hype, the likelihood has taller glow, shenzhen does poineering work board what conditional duplicate Na Sida overcomes is fervent.
Besides, these Internet companies still hope Shenzhen does poineering work board can go up in the period authority issue of network company, give special processing, after all this is a when matter to talent of tarry of company of network science and technology, stability to manage principal institution.
Actually, company of the network before this chooses overseas to appear on the market, size of still as half-baked as the reform of equity component buy before home market, market is finite also have very big concern. And home market financing is substantial nowadays, excessive price level makes international of body prep above and overseas market, netizen amount exceeds 200 million, investor is spent to network company acknowledge tall, once network company marchs domestic stock market, inevitable meeting gains the favour of capital, also make at the same time broad investor is benefited.
“Without doubt, shenzhen does poineering work board Internet of will ecbolic China more billionaire. ” public figure of lucky letter investment says. “Nasidake, Hong Kong is company of more China Internet’s first choice no longer. “Nasidake, Hong Kong is company of more China Internet’s first choice no longer..
Relevant link
What is to do poineering work board
Do poineering work board the market says again 2 board the market, be with the tradition advocate board the market is in appear on the market resource, appear on the market condition, trade the new market that means and the respect such as superintendency method have notable difference. Do poineering work board of gather together is the small and medium sized business that has tall growing sex, especially high-tech enterprise. Its are peculiar the function is fund of venture capital investment (poineering capital) exit a mechanism, 2 board the development of the market can provide favorable financing environment for the development of medium and small businesses, in breaking system of current China banking ” financing of medium and small businesses is difficult ” system sex barrier, activation thereby group of a big industry.
Advocate board and do poineering work board appear on the market the demand is the biggest distinction:
1, advocate board appear on the market the company must have record of 3 years of outstanding achievement at least, do poineering work board do not have profit record demand or other and financial standard or profit regulation. From this bit for,
2, doing poineering work newly board in frame, to appearing on the market the enterprise asks to reduce somewhat: Plan to appear on the market two years net surpasses the industry 20 million, one year net exceeds 10 million recently. But whether can case of this one party still have be concerned about into final version.
Do poineering work board memorabilia
On August 22, 2007, ” do poineering work board issue appear on the market administrative measure ” (draft) win approval of the State Council.
On May 17, 2004, card inspect can agree to hand in place greatly to establish medium and small businesses board piece.
In October 2000, deep city stops hair is new, prepare to construct poineering edition.
In May 2000, principle of the State Council agrees with card inspect to meet about establishing 2 board opinion, will 2 board market name is do poineering work board the market.
In April 2000, card inspect can send to newspaper of the State Council ” establish about supporting company of new and high technology to develop 2 board the ask for instructions of market concerned problem ” .
In January 1999, hand in place greatly to be able to be shown to card inspect send ” Shenzhen stock exchange grows about undertaking board the project approving that the plan of the market studies reports ” .
In December 1998, committee of national plan development puts forward to the State Council ” consider to establish as early as possible do poineering work board piece stock market problem ” , the State Council asks Chinese card inspect can put forward to study an opinion.
China is mutiple level capital market future concerns
Shenzhen advocate board, 2 board, 3 board rise combination finally, turn the Nasidake of a China into the market; Shanghai is deep advocate board, in platelet, do poineering work board, 3 board after get through, what will form China is mutiple level capital market; Do poineering work board after establishing, platelet still exists in, both both can be implemented without coming into conflict; The platelet in establish and moving is to do poineering work board crudely the transition of period.
The whole world basically does poineering work board general view:
Public data shows, up to by 2006, the whole world already had 41 to do poineering work board, about 600 companies hanged out his shingle 2006, financing restrains 58 billion dollar.
Na Sida overcomes the United States (NASDAQ, 1971, this is the whole world does poineering work the first times board) , hong Kong does poineering work board the market (GEM, 1999) , Taiwan bar bourse (OTC, 1994) , London stock exchange (AIM, 1995) , French new market (LNA, 1996) , German new market (NM, 1996) wait.
Gu Ge cries board Baidu expects ” salty fish turns over “
November 23, 2007
Thank the deliver of Unsina
News source: Muching Pai felt
To American, asian water is very deep. In commercial domain, this one pattern is similar be successful. Since in July 2005 Gu Ge (Google) since entering China, this whole world is the famousest also be the most wealthy Internet tycoon is not arranged repeatedly by. Work more than two years, it still is in in the portion that searchs the market drop, statistic shows: Share of cereal song market from 33 % miserable drop 20% all around, and competitor Baidu rises from 43.4 % violent wind to 57.6% .
HP is in NForce SLI advocate board on provide CrossFire support
November 22, 2007
Thank the interpreter deliver of Tianjun
Caption does not have clerical error absolutely! Listen go up to join Girls Aloud like Tom Waits (girl philharmonic society) euqally curious, but how to say, HP is in already successfully now Nvidia NForce 680i SLI advocate board on implement the CrossFire technology of AMD, and this function comes true possibly in the 002) of HP Blackbird 002(thrush that mentions last. Personal computer department of recreation of custom-built, HP is main engineer Rahul Sood discloses in interview: “Truly marvellous is the NForce chip form that we use supportive Intel CPU only, because this is best chip set. Nevertheless, we also offer a choice to use CrossFire or SLI. We also offer a choice to use CrossFire or SLI..



