- ±àºÅ£º85202
- ÊéÃû£ºÍ¼½â¹ÉȨ£º·¨ÂÉʵÎñ²Ù×÷ÒªµãÓëÄѵ㣨¹ÉȨȨÀûÄÚÈÝ¡¢¹ÉȨÀàÐÍ¡¢¹ÉȨµÄÌØÊâÖÆ¶È¡¢¹ÉȨ¼Ü¹¹Éè¼Æ¡¢¹ÉȨ¼¤Àø¡¢¹ÉȨͶÈÚ×Ê¡¢¿ØÖÆÈ¨£©
- ×÷ÕߣºÎâÃ÷Ã÷
- ³ö°æÉ磺·¨ÂÉ
- ³ö°æÊ±¼ä£º2020Äê7ÔÂ
- Èë¿âʱ¼ä£º2020-8-14
- ¶¨¼Û£º86Ôª

- ÌØ¼Û£º68.8Ôª£¬80ÕÛ£¬Ê¡17.2Ôª£¡
ͼÊéÄÚÈݼò½é
"¡¶Í¼½â¹ÉȨ£º·¨ÂÉʵÎñ²Ù×÷ÒªµãÓëÄѵ㡷½ÏΪϵͳµØ²ûÊöÁ˹ÉȨµÄÏà¹ØÖªÊ¶ÄÚÈÝ£¬¶ÁÕßͨ¹ý±¾ÊéϵͳµÄÑÐϰ£¬¿ÉÒÔ¶Ô¹ÉȨÓнÏÎªÈ«ÃæµÄÈÏʶºÍÀí½â¡£
µÚÒ»Õ£¬¹ÉȨ¼Ò×壬Ö÷ÒªÑÐϰ¹ÉȨµÄ»ù±¾ÄÚÈÝ¡¢ÀàÐͺͷ¨ÂÉÒÀ¾ÝµÈ£¬ÕâÊǹÉȨ¼Ü¹¹Éè¼Æ¡¢¹ÉȨ¼¤ÀøºÍ¹ÉȨÈÚ×ʼ°¹ÉȨ½»Ò׵Ļù´¡ÖªÊ¶¡£
µÚ¶þÕ£¬¹ÉȨ¼Ü¹¹Éè¼Æ£¬Ö÷ÒªÑÐϰ¹ÉȨ¼Ü¹¹Éè¼ÆµÄÔÔòºÍÀíÄî¡¢·½·¨ºÍ·½°¸¡¢ÀàÐͺͰ¸ÀýµÈ¡£
µÚÈýÕ£¬¹ÉȨ¼¤Àø£¬ÕâÊǽü¼¸ÄêºÜÈȵϰÌ⣬Ö÷Òª´Ó·¨ÂÉÊÊÓᢼ¤Àø¶ÔÏóµÄÑ¡Ôñ¡¢¾ßÌåÂ䵨·½°¸µÄÖ´ÐкÍÍ˳ö»úÖÆµÈ¼¸¸ö·½Ãæ½øÐÐÏêϸµÄ²ûÊö¡£
µÚËÄÕ£¬¹ÉȨÈÚ×Ê£¬ÕâÊǺܶàÆóÒµ»ò´´ÒµÕß×îΪÆÚ´ýµÄÊÂÇ飬ҲÊÇÆäΪ֮·Ü¶·µÄ½×¶ÎÐԳɹû£¬ÎªÁËÈÃÆóÒµ¼Ò»ò´´ÒµÕßÄܹ»ÇåÎúÁ˽â¹ÉȨÈÚ×ʵÄÏà¹ØÖªÊ¶£¬±¾ÕÂÖ÷Òª½²Êö¹ÉȨÈÚ×ʵķ½Ê½¡¢¹ÀÖµ·½·¨ºÍÈÚ×ÊÌõ¿î½â¶ÁµÈ¡£
µÚÎåÕ£¬¿ØÖÆÈ¨£¬ÕâÊÇ´´Ê¼ÈËÓ¦µ±×îΪ¹Ø×¢µÄÄÚÈÝ£¬ÔÚ¹ÉȨ¼¤Àø¡¢¹ÉȨÈÚ×Ê»òÆäËûÏ¡Ê͹ÉȨ¹ý³ÌÖж¼±ØÐëÒª¶ÔÆä¼ÓÇ¿ÑÐϰ£¬±¾Õ´ÓÁ½¸ö½Ç¶È¹²¼ÆÊ¹ÓÃÁËÊ®¸ö¹¤¾ß²ûÊÍÈçºÎ±£³Ö»òÖØ»ñ¿ØÖÆÈ¨¡£
µÚÁùÕ£¬¹«Ë¾Õ³ÌÓë¹É¶«ÐÒ飬ÕâÊÇÉÏÊöÕ½ÚËùÓÐÄÚÈݵı£ÕÏ£¬¶øÇ¡Ç¡ÓÖÊǺܶàÆóÒµ²»ÖØÊÓµÄÄÚÈÝ£¬±¾Õ»¨ÁË´óÁ¿Æª·ù²ûÃ÷·½·¨¡¢ÊáÀí¹éÀà¡¢±ê×¢ÖØµã£¬Ï£ÍûËùÓÐÆóÒµ¶¼ÄÜÖØÊÓ¹«Ë¾Õ³̣¬¸üÖØÒªµÄÊÇ»áÓù«Ë¾Õ³̡£"
ͼÊéĿ¼
"Ŀ¼
µÚÒ»Õ¹ÉȨ¼Ò×å
µÚÒ»½Ú¹ÉȨ¼Ò×å¸ÅÊö
Ò»¡¢¹ÉȨȨÀûÄÚÈÝ
¶þ¡¢¹ÉȨÀàÐÍ
µÚ¶þ½Ú¹ÉȨȨÀûͼÆ×
Ò»¡¢±í¾öȨ
¶þ¡¢×ʲúÊÕÒæÈ¨
Èý¡¢ÖªÇéȨ
ËÄ¡¢ÓÅÏÈÈϹºÈ¨
Îå¡¢Ì᰸Ȩ
Áù¡¢ÖÊѯȨ
Æß¡¢ËßȨ
°Ë¡¢Í˹ÉȨ
µÚÈý½Ú¹ÉȨÀàÐÍͼÆ×
Ò»¡¢ÊÇ·ñ×¢²á£ºÊµ¹ÉÓëÐé¹É
¶þ¡¢ÊÇ·ñ×Ô³Ö£º×Ô³Ö¹ÉÓë´ú³Ö¹É
Èý¡¢È¨Àû·¶Î§£ºÆÕͨ¹É¡¢ÓÅÏȹÉÓëÏÞÖÆ¹É
ËÄ¡¢ÔùÓ뷽ʽ£º·Öºì¹ÉÓë¸É¹É
Îå¡¢±íÏÖ·½Ê½£ºÆÚȨÓë¿Éתծ
µÚËĽڹÉȨ¼Ò×åÌØÊâ³ÉÔ±£º´ú³Ö¹É
Ò»¡¢´ú³Ö¹É¸ÅÊö
¶þ¡¢´ú³Ö¹É·¨ÂÉ·çÏÕ¹ÜÀí
Èý¡¢´ú³Ö¹ÉÐÒ飨·¶±¾£©
µÚÎå½Ú¹ÉȨ¼Ò×åÌØÊâ³ÉÔ±£ºÓÅÏȹÉ
Ò»¡¢ÓÅÏȹɵĸÅÄîºÍÌØÕ÷
¶þ¡¢ÓÅÏȹÉÓëÆäËû¹ÉÕ®»ìºÏ²úÆ·µÄÇø±ð
Èý¡¢ÓÅÏȹɵÄÖÖÀà
ËÄ¡¢°¸Àý£ºÆÖ·¢ÒøÐз¢ÐÐÓÅÏȹÉ
µÚÁù½Ú¹ÉȨ¼Ò×å³ýÃûÖÆ¶È
Ò»¡¢·¨¶¨³ýÃû
¶þ¡¢Õ³ÌÔ¼¶¨³ýÃû
Èý¡¢°¸ÀýÓëÆôʾ
µÚ¶þÕ¹ÉȨ¼Ü¹¹Éè¼Æ
µÚÒ»½Ú¹ÉȨ¼Ü¹¹Éè¼Æ¸ÅÊö
Ò»¡¢¹ÉȨ¼Ü¹¹Éè¼ÆµÄÔÔò
¶þ¡¢¹ÉȨ¼Ü¹¹µÄÀàÐÍ
Èý¡¢¹ÉȨ¼Ü¹¹Éè¼ÆµÄºËÐÄÎÊÌâ
ËÄ¡¢»ªÎª¹«Ë¾¹ÉȨ·ÖÅäÕþ²ß
µÚ¶þ½Ú¶¥²ã¹ÉȨ¼Ü¹¹Éè¼ÆÖеġ°Èý°å¸«¡±
Ò»¡¢ÒÔ³ö×ʱÈÀýÈ·¶¨¹ÉȨ±ÈÀý¿ÉÄÜ´æÔÚµÄÎÊÌâ
¶þ¡¢¡°Èý°å¸«¡±Ö®·ÖºìȨµ÷Õû¹æÔò
Èý¡¢¡°Èý°å¸«¡±Ö®±í¾öȨίÍйæÔò
ËÄ¡¢¡°Èý°å¸«¡±Ö®¹É·Ý±ÈÀý±ä¶¯¹æÔò
Îå¡¢×ܽá
µÚÈý½ÚÒ»ÖÖÆÕ±éÊÊÓõĹÉȨÉè¼Æ·½°¸
Ò»¡¢¡°ËIJãÈýƽ̨¡±¹ÉȨ¼Ü¹¹
¶þ¡¢³Ö¹Éƽ̨ÐÎʽ
µÚËĽÚÖÚ³ïģʽµÄÓÐЧ¹ÉȨ¼Ü¹¹Éè¼Æ
Ò»¡¢ÖÚ³ïµÄ¹Ø¼üÎÊÌâ
¶þ¡¢½â¾ö·½°¸
µÚÎå½ÚÖÐСÆóÒµÊÂÒµºÏ»ïÈ˼ƻ®ÊµÊ©µÄģʽ
Ò»¡¢Ê²Ã´ÊÇÊÂÒµºÏ»ïÈË
¶þ¡¢ÊÂÒµºÏ»ïÈËģʽ·ÖÎö
Èý¡¢Æôʾ
µÚÁù½ÚÈçºÎ´òÔìÉú̬Á´ºÏ»ïÈËÆ½Ì¨
Ò»¡¢Ê²Ã´ÊÇÉú̬Á´ºÏ»ïÈË
¶þ¡¢Éú̬Á´ºÏ»ïÈË»úÖÆµÄ°¸Àý
Èý¡¢Éú̬Á´ºÏ»ïÈËµÄÆôʾºÍ·çÏÕ
µÚÆß½Ú¶¯Ì¬¹ÉȨʵʩ·½°¸·ÖÎö
Ò»¡¢ÒýÑÔ
¶þ¡¢¶¯Ì¬¹ÉȨµÄ¾ßÌåÄÚÈÝ
Èý¡¢¶¯Ì¬¹ÉȨÉè¼ÆµÄÈýÖÖÇéÐÎ
ËÄ¡¢¶¯Ì¬¹ÉȨ¿¼ºË·½°¸
µÚÈýÕ¹ÉȨ¼¤Àø
µÚÒ»½Ú¹ÉȨ¼¤Àø¸ÅÊö
Ò»¡¢·¨ÂÉÊÊÓÃ
¶þ¡¢¹Ø¼üÒªËØ
Èý¡¢³Ö¹É·½Ê½
µÚ¶þ½ÚÈçºÎÈ·¶¨¹ÉȨ¼¤ÀøµÄ¶ÔÏó
Ò»¡¢¹²Ê¶£¨Consensus£©£º¹²Í¬µÄ¼ÛÖµ¹Û¡¢Ê¹ÃüºÍÔ¸¾°
¶þ¡¢¹²µ££¨Co-responsibility£©£ºÀúÊ·¼ÛÖµ£¬°üÀ¨ÀúÊ·¹±Ï׺͸ÚλʤÈÎÄÜÁ¦
Èý¡¢¹²´´£¨Co-Create£©£ºÎ´À´¼ÛÖµ£¬°üÀ¨ÆäÖ°ÒµÀíÏë¡¢Ó¦¶Ô±ä»¯ÄÜÁ¦ºÍÆõºÏÐÔµÈ
ËÄ¡¢¹²Ïí£¨Sharing£©£º¼ÛÖµ·ÖÏí£¬·ÖÏíÖÇ»ÛÓëŬÁ¦
Îå¡¢Ïà¹Ø·¨¹æÁ´½Ó
µÚÈý½ÚÈçºÎÀûÓø÷ÖÖģʽÂ䵨¹ÉȨ¼¤Àø
Ò»¡¢ÐéÄâ¹ÉȨ
¶þ¡¢ÏÞÖÆÐÔ¹ÉȨ
Èý¡¢¹ÉȨÆÚȨ
ËÄ¡¢Òµ¼¨¹ÉȨ
Îå¡¢¹ÉȨÔöֵȨ
Áù¡¢¸É¹É
Æß¡¢ÆÚ¹É
°Ë¡¢Ô±¹¤³Ö¹É¼Æ»®
µÚËĽڹÉȨ¼¤ÀøÅäÌ×·¨ÂÉÎÄÊé
Ò»¡¢¼¨Ð§¿¼ºË·¨ÂÉÎÄÊé
¶þ¡¢¹ÉȨ¼¤Àø³ÌÐò·¨ÂÉÎÄÊé
µÚÎå½Ú¹ÉȨ¼¤ÀøÖÐÍ˳ö»úÖÆµÄÉèÖÃ
Ò»¡¢¹ÉȨÍ˳öµÄ·½Ê½
¶þ¡¢¹ÉȨÍ˳öµÄ×¢ÒâÒªµã
Èý¡¢¹ØÓÚ¹ÉȨ¼¤ÀøÖйÉȨÍ˳öµÄÏà¹Ø°¸Àý
ËÄ¡¢¹ÉȨÍ˳ö£¨»Ø¹º£©µÄÎÄÊéÑù±¾
Îå¡¢Ïà¹Ø·¨¹æÁ´½Ó
µÚÁù½ÚµçÊӾ硶ÄÇÄ껨¿ªÔÂÕýÔ²¡·Óë¡¶ÇǼҴóÔº¡·Öеġ°¹ÉȨ¼¤Àø¡±
Ò»¡¢¾çÇ黨¹Ë
¶þ¡¢Á½²¿µçÊÓ¾çµÄ¹ÉȨ¼¤ÀøÄ¿µÄ
Èý¡¢Æôʾ
µÚÆß½Ú¿Æ´´°åÉÏÊÐÆóÒµ¹ÉȨ¼¤ÀøÐ¹æ
Ò»¡¢¶¨À´Ô´£º¹ÉƱÀ´Ô´
¶þ¡¢¶¨¶ÔÏ󣺼¤Àø¶ÔÏó
Èý¡¢¶¨ÊýÁ¿£º¹É·Ý±ÈÀý
ËÄ¡¢¶¨Ä£Ê½£º¼¤Àø·½Ê½
Îå¡¢¶¨Ê±¼ä£ºËø¶¨ÆÚÏÞ
Áù¡¢¶¨¼Û¸ñ£ºÐÐȨ¼Û¸ñ
Æß¡¢¶¨Òµ¼¨£ºÒµ¼¨Ö¸±ê
µÚËÄÕ¹ÉȨÈÚ×Ê
µÚÒ»½Ú¹ÉȨÈÚ×ʸÅÊö
Ò»¡¢¹ÉȨÈÚ×ʵÄÖ÷Òª·½Ê½
¶þ¡¢Óë¹ÉȨÈÚ×ÊÏàËÆµÄ¼¸×é¸ÅÄî
Èý¡¢Í¶×ÊÈ˵ÄÍ˳ö·½Ê½
µÚ¶þ½ÚÈçºÎ´´½¨×ʱ¾½á¹¹±í
Ò»¡¢Ê²Ã´ÊÇ×ʱ¾½á¹¹±í
¶þ¡¢°¸Àý˵Ã÷
µÚÈý½ÚÈçºÎ¶ÔÆóÒµ½øÐйÀÖµ
Ò»¡¢ÊÐÓ¯ÂʹÀÖµ·¨£¨P/E£©
¶þ¡¢ÊÐÏúÂʹÀÖµ·¨£¨P/S£©
Èý¡¢Êо»ÂʹÀÖµ·¨£¨P/BV£©
ËÄ¡¢ÌùÏÖÏÖ½ðÁ÷¹ÀÖµ·¨£¨P/C£©
Îå¡¢ÊÐÏÖÂʹÀÖµ·¨£¨P/EBITDA£©
Áù¡¢¾»×ʲú¹ÀÖµ·¨£¨NAV£©
Æß¡¢ÖعÀ¾»×ʲú¹ÀÖµ·¨£¨RNAV£©
°Ë¡¢PE/G¹ÀÖµ·¨
¾Å¡¢ÆäËû¹ÀÖµ·½·¨
µÚËĽÚPE/VC½»Ò×Ìõ¿î¼°Ì¸ÅвßÂÔ
Ò»¡¢·´Ï¡ÊÍÌõ¿î
¶þ¡¢¹²Í¬³öÊÛȨÌõ¿î
Èý¡¢ÁìÊÛȨÌõ¿î
ËÄ¡¢ÇåËãÓÅÏÈȨÌõ¿î
Îå¡¢»ØÊêȨÌõ¿î
Áù¡¢ÓÅÏȹºÂòȨÌõ¿î
Æß¡¢ÓÅÏÈ·ÖºìȨÌõ¿î
°Ë¡¢ÅÅËûÐÔÌõ¿î
¾Å¡¢Ô±¹¤ÆÚȨ³ØÌõ¿î
Ê®¡¢¶Ê»áÌõ¿î
ʮһ¡¢¶Ô¶ÄÌõ¿î
µÚÎå½Ú¹ØÓÚ±êµÄ¹«Ë¾¶Ô¶ÄЧÁ¦µÄÈ϶¨
Ò»¡¢±êµÄ¹«Ë¾¶Ô¶Ä³Ðµ£Òµ¼¨²¹³¥Ëðº¦Õ®È¨ÈËÀûÒæ£¬¸Ã¶Ô¶ÄÌõ¿îÎÞЧ
¶þ¡¢±êµÄ¹«Ë¾¶Ô¶Ä³Ðµ£´ó¹É¶«»Ø¹º¿îÁ¬´øÔðÈÎÒòδ¾¹É¶«»á×·ÈÏ£¬¸Ã¶Ô¶ÄÌõ¿îÎÞЧ
Èý¡¢±êµÄ¹«Ë¾¶Ô¶Ä³Ðµ£´ó¹É¶«»Ø¹º¿îÁ¬´øÔðÈÎËäδ¾¹É¶«»á×·ÈÏ£¬µ«ÒòͶ×ÊÈ˾¡µ½ÉóÉ÷ÒåÎñ£¬¸Ã¶Ô¶ÄÌõ¿îÓÐЧ
µÚÎåÕ¿ØÖÆÈ¨
µÚÒ»½Ú¿ØÖÆÈ¨¸ÅÊö
Ò»¡¢Ê²Ã´ÊÇ¿ØÖÆÈ¨
¶þ¡¢ËÏíÓпØÖÆÈ¨
Èý¡¢¿ØÖÆÈ¨µÄÏà¹Ø·¨ÂÉ·¨¹æ
ËÄ¡¢ÈçºÎÈ϶¨¿Ø¹É¹É¶«
Îå¡¢ÈçºÎÈ϶¨Êµ¼Ê¿ØÖÆÈË
Áù¡¢´´Ê¼È˱£³Ö¿ØÖÆÈ¨µÄ´ëÊ©
µÚ¶þ½ÚÖ÷¶¯½ø¹¥ÐͲßÂÔ
Ò»¡¢ÈýÌõºìÏß
¶þ¡¢AB¹É½á¹¹
Èý¡¢¼ä½Ó¿ØÖÆ
ËÄ¡¢Î¯ÍÐͶƱȨ£¨Proxy Voting£©
Îå¡¢¿ØÖƶÊ»á
Áù¡¢Ò»ÖÂÐж¯ÐÒé
Æß¡¢Ò»Æ±·ñ¾öȨ
µÚÈý½Ú·ÀÊØ·´»÷ÐͲßÂÔ
Ò»¡¢¶¨ÏòÔö·¢£¨Private Placement£©
¶þ¡¢¹ÜÀí²ãÊÕ¹º£¨MBO£©
Èý¡¢×ʲúÖØ×飨Restructuring£©
ËÄ¡¢Ð޸Ĺ«Ë¾Õ³Ì
µÚÁùÕ¹«Ë¾Õ³ÌÓë¹É¶«ÐÒé
µÚÒ»½Ú¹«Ë¾Õ³̸ÅÊö
Ò»¡¢¹«Ë¾Õ³ÌÓë¹É¶«ÐÒé
¶þ¡¢¹«Ë¾Õ³̵ÄÖØÒª×÷ÓÃ
Èý¡¢¹«Ë¾Õ³̵ļÇÔØÊÂÏî
µÚ¶þ½Ú¹«Ë¾Õ³Ì×ÔÖμ°Æä±ß½ç
µÚÈý½Ú¹«Ë¾Õ³̵ÄÖÆ×÷
Ò»¡¢¹«Ë¾Õ³̵ÄÖÆ×÷ÔÔòºÍ˼·
¶þ¡¢¹«Ë¾Õ³ÌÓëÒéʹæÔò
Èý¡¢¹«Ë¾Õ³ÌÓë¹É¶«È¨Àû
ËÄ¡¢¹«Ë¾Õ³̵ÄÐÞ¸Ä
¸½Â¼£º2013~2019ÄêÈ«¹ú¹ÉȨ¾À·×ËßËϲÃÅÐÊý¾Ý·ÖÎö±¨¸æ
Ò»¡¢¹ÉȨ¾À·×ËßËϲÃÅа¸¼þ¸Å¿ö
¶þ¡¢¹ÉȨתÈþÀ·×°¸¼þ
Èý¡¢¹É¶«×ʸñÈ·ÈϾÀ·×°¸¼þ
ËÄ¡¢¹É¶«ÖªÇéȨ¾À·×°¸¼þ
Îå¡¢¹É¶«³ö×ʾÀ·×°¸¼þ
Áù¡¢ÇëÇó¹«Ë¾ÊÕ¹º¹É·Ý¾À·×°¸¼þ
"