銆€銆€璀夌洠(ji膩n)鏈�(hu矛)2鏈�1鏃ュ叕甯冪殑鏈€鏂版摤涓婂競浼佹キ(y猫)鍚嶅柈椤ず锛屽張鏈変竷瀹朵紒妤�(y猫)閫�(j矛n)鍏モ€滅祩姝㈠鏌モ€濊鍒�銆傛摎(j霉)绲�(t菕ng)瑷�(j矛)锛岃瓑鐩�(ji膩n)鏈�(hu矛)鈥淚PO璨�(c谩i)鍕�(w霉)鏍告煡鈥濋ⅷ(f膿ng)鏆存寮忓暉鍕�(d貌ng)鍍呬竴鍊�(g猫)鏈堢殑鏅�(sh铆)闁�锛屽凡鏈変簲瀹朵富鏉跨敵璜嬩紒妤�(y猫)銆�11瀹跺壍(chu脿ng)妤�(y猫)鏉跨敵璜嬩紒妤�(y猫)锛屽叡瑷�(j矛)16瀹朵紒妤�(y猫)鈥滆嚚闄ｈ劔閫冣€濓紝鎺ヨ繎2012骞村叏骞寸祩姝㈠鏌ヤ紒妤�(y猫)绺芥暩(sh霉)67瀹剁殑鍥涘垎涔嬩竴銆�

銆€銆€绲�(t菕ng)瑷�(j矛)鏁�(sh霉)鎿�(j霉)椤ず锛屾埅鑷充粖骞�1鏈堬紝鍖呭惈鍌欐鐧昏鍙楃悊鍦ㄥ収(n猫i)鐨処PO鍦ㄥ鐨勪紒妤�(y猫)鏁�(sh霉)閲忓凡瓒呴亷800瀹�锛屾寜鐓ф鍓嶇殑鐧�(f膩)琛岄€熷害锛屽嵆浣挎矑鏈夋柊澧濱PO鐢宠珛锛屼篃闇€瑕�5-6骞寸殑鏅�(sh铆)闁撴墠鑳芥秷鍖�锛岄緪澶х殑IPO鏁�(sh霉)閲忕劇鐤戞槸鎳稿湪A鑲￠牠涓婄殑閬�(d谩)鎽╁厠鍒╂柉涔嬪妽銆傛洿闂�(gu膩n)閸垫槸锛屽牚鎲傜殑IPO浼佹キ(y猫)璩�(zh矛)閲忎竴鐩存槸鍥版摼寤ｅぇ鎶曡硣鑰呬箖鑷虫暣鍊�(g猫)璩囨湰甯傚牬鐨勫晱椤屻€備笉鍍呰病(c谩i)鍫�(b脿o)铏涘亣闄宠堪銆佺矇椋炬キ(y猫)绺�銆侀€犲亣涓婂競绛変笐鑱炰笉鏅�(sh铆)瑕嬭鍫�(b脿o)绔�锛屼笂甯傚悗妤�(y猫)绺捐畩鑷夋洿鏄咕涔庢垚鐐哄父鎱�(t脿i)銆傜当(t菕ng)瑷�(j矛)鏁�(sh霉)鎿�(j霉)椤ず锛屽湪鍘诲勾涓婂競鐨�149瀹朵紒妤�(y猫)涓�锛屾湁48瀹朵紒妤�(y猫)涓夊鍫�(b脿o)鍚屾瘮鍑虹従(xi脿n)浜嗙嚐妤�(y猫)鏀跺叆璨�(f霉)澧為暦锛屽崰姣旀帴杩戜笁鍒嗕箣涓€锛屽钩鍧囩嚐鏀堕檷骞呴仈(d谩)鍒�33.3%銆�

銆€銆€浠ユキ(y猫)绺捐畩鑷夋渶鍤�(y谩n)閲嶇殑鐝堝亯鑲′唤(300317,鑲″惂)鐐轰緥锛屽叾2012骞翠腑鍫�(b脿o)鍜屼笁瀛ｅ牨(b脿o)椤ず鐨勫噲鍒╂饯鍚屾瘮闄嶅箙鍧囪秴閬�90%锛屼笅婊戦€熷害涔嬪揩浠や汉鍜嬭垖銆傞洊鐒跺叕鍙稿皣妤�(y猫)绺句笅婊戞鍜庝簬鍖楃編澶╂埃鍘熷洜閫犳垚瑷傚柈涓嬫粦锛屼絾寰炲叾鎷涜偂鏇镐締鐪嬶紝鍏�2011骞翠笂鍗婂勾鍑堝埄娼ょ偤5780钀厓锛屼絾鍏ㄥ勾鍑堝埄娼ゅ儏鐐�5731.55钀厓锛岄€欐剰鍛宠憲鍦ㄤ笂甯備箣鍓�锛屽叾妤�(y猫)绺惧凡缍�(j墨ng)闁嬪鎵牠鍚戜笅銆傝€岄潰灏嶉€欐ǎ鐨勬キ(y猫)绺鹃ⅷ(f膿ng)闅�(xi菐n)锛屽叕鍙�銆佷繚钖︽(j墨)妲�(g貌u)涔冭嚦鐩�(ji膩n)绠″堡鍗婚兘娌掓湁璧峰埌鎳�(y墨ng)鏈夌殑浣滅敤锛岃畵鍏跺爞鑰岀殗涔嬪湴闂栭棞(gu膩n)鎴愬姛銆傞洊鐒朵簨鍚庤瓑鐩�(ji膩n)鏈�(hu矛)灏嶅叕鍙稿強淇濊枽姗�(j墨)妲�(g貌u)閫�(j矛n)琛屼簡铏曠桨锛屼絾鎶曡硣鑰呯殑鍒╃泭宸茬稉(j墨ng)鍙楀埌浜嗘悕瀹�銆傚洜姝�锛岃憲鐪间簬鈥滀簨鍓嶇洠(ji膩n)鐫ｂ€�锛岄槻鎮ｄ簬鏈劧鐒＄枒鏄湭渚嗘柊鑲＄櫦(f膩)琛屽埗搴﹀繀闋堣寮�(qi谩ng)鍖栫殑鍦版柟銆�

銆€銆€浠や汉楂樿垐鐨勬槸锛屽幓骞村簳璀夌洠(ji膩n)鏈�(hu矛)鐧�(f膩)甯冧簡銆婇棞(gu膩n)浜庡仛濂介娆″叕闁嬬櫦(f膩)琛岃偂绁ㄥ叕鍙�2012骞村害璨�(c谩i)鍕�(w霉)鍫�(b脿o)鍛婂皥闋�(xi脿ng)妾㈡煡宸ヤ綔鐨勯€氱煡銆�锛岃(gu墨)瀹氱洰鍓嶆鍦ㄦ帓闅�(du矛)鐨�800澶氬IPO浼佹キ(y猫)鐨勪腑浠嬫(j墨)妲�(g貌u)蹇呴爤鍦ㄤ粖骞�3鏈�31鏃ュ墠閬炰氦鑷煡鍫�(b脿o)鍛�锛岃瓑鐩�(ji膩n)鏈�(hu矛)灏囧湪鑷煡鍫�(b脿o)鍛婂鏍稿熀绀�(ch菙)涓婏紝闁嬪睍閲嶉粸(di菐n)鎶芥煡宸ヤ綔銆傚皪鎿笂甯備紒妤�(y猫)閫�(j矛n)琛岃病(c谩i)鍫�(b脿o)灏堥爡(xi脿ng)妾㈡煡宸ヤ綔锛屽厖鍒嗛’绀轰簡绠＄悊灞ゅ皪涓婂競鍏徃璩�(zh矛)閲忕殑閲嶈锛屾垨涔熷皣鎴愮偤鏈締鏂拌偂鏀归潻鐨勫張涓€閲嶈鑸夋帾銆傚緸鐩墠鎾ゅ柈鐨勪紒妤�(y猫)渚嗙湅锛屽渚嗚嚜浜庡幓骞磋妤�(y猫)鏁撮珨铏ф悕鍤�(y谩n)閲�锛屾垨妤�(y猫)绺惧闀蜂笉纰哄畾鎬ц純楂樼殑鍓�(chu脿ng)妤�(y猫)鏉夸紒妤�(y猫)锛岄’绀轰簡璀夌洠(ji膩n)鏈�(hu矛)姝よ垑鍦ㄦ摖骞叉摤涓婂競鍏徃鐨勮病(c谩i)鍕�(w霉)姘村垎銆佹帶鍒舵摤涓婂競浼佹キ(y猫)璩�(zh矛)閲忔柟闈�锛岀⒑瀵�(sh铆)鑳借捣鍒颁竴瀹氱殑鎴愭晥銆�

銆€銆€鏇村€煎緱闂�(gu膩n)娉ㄧ殑鏄�锛屾娆＄洠(ji膩n)绠″堡鐨勬澘瀛愪笉鍍呮墦鍦ㄤ簡鎿笂甯傚叕鍙歌韩涓婏紝灏嶄簬淇濊枽姗�(j墨)妲�(g貌u)鍚屾ǎ涔熸彁鍑轰簡鏇寸偤鍤�(y谩n)鏍肩殑瑕佹眰銆備緥濡傝姹傚悇涓粙姗�(j墨)妲�(g貌u)鍦ㄨ嚜鏌ュ牨(b脿o)鍛婁腑涓婂牨(b脿o)宸ヤ綔搴曠ǹ銆傝€屽湪浠婂勾骞村垵鑸夎鐨処PO鍦ㄥ浼佹キ(y猫)2012骞磋病(c谩i)鍕�(w霉)鍫�(b脿o)鍛婂皥闋�(xi脿ng)妾㈡煡宸ヤ綔鏈�(hu矛)璀颁笂锛岀洠(ji膩n)绠″堡涔熷挤(qi谩ng)瑾�(di脿o)淇濊枽姗�(j墨)妲�(g貌u)涓嶅厑瑷变互涓鏂瑰紡鎺掗殜(du矛)绛夋檪(sh铆)闁�锛屽湪瀵╀紒妤�(y猫)鍦ㄦ嫑鑲℃浉銆佷笂甯傚叕鍛婃浉涓鍏呭垎瑾槑妤�(y猫)绺句笅婊戠殑棰�(f膿ng)闅�(xi菐n)鍥犵礌锛岀櫦(f膩)瀵╂渻(hu矛)鍚庣櫦(f膩)琛屼箣鍓嶆キ(y猫)绺句笅婊戦毐鐬炰笉鍫�(b脿o)鐨勮浜堜互鐩�(ji膩n)绠�?锛熸ⅱ鍝塮锛岄洊鐒剁櫦(f膩)琛屼汉浠嶇劧鏄俊鎭姭闇茬涓€璨�(z茅)浠讳汉锛屼絾鐩�(ji膩n)绠″堡灏嶄腑浠嬫(j墨)妲�(g貌u)鐨勫晱璨�(z茅)姗�(j墨)鍒舵鍦ㄩ€�(j矛n)涓€姝ュ畬鍠�锛屼緥濡傝繋鍚堝鎴剁殑闇€姹傝€屼笉绌嶆サ灞ヨ瀵╂牳缇╁嫏(w霉)锛屾垨鏄伐浣滃仛寰椾笉澶犵窗(x矛)鑷寸瓑鍟忛锛屾湭渚嗗皣寰楀埌鏇存湁鏁堢殑鐩�(ji膩n)绠�銆傜瓎鑰呰獚(r猫n)鐐�锛岄毃钁楄病(c谩i)鍕�(w霉)鍫�(b脿o)鍛婂皥闋�(xi脿ng)妾㈡煡宸ヤ綔鐨勬帹閫�(j矛n)锛屾渻(hu矛)鏈夋洿澶氱殑鎿亷鏈�(hu矛)浼佹キ(y猫)鎴栦富鍕�(d貌ng)鎴栬鍕�(d貌ng)鎾ゅ洖鐢宠珛锛岄€欏皣瀵�(sh铆)瀵�(sh铆)鍦ㄥ湪鍦扮珐瑙PO鐨勭櫦(f膩)琛屽鍔�锛屾洿灏囩偤鎴戝湅璩囨湰甯傚牬鍓�(chu脿ng)閫犱竴鍊�(g猫)鍎�(y艒u)鑹殑鎶曡硣鐠�(hu谩n)澧冦€�