???ʻ?????̨????ֵ????ǿ 12????????ֵ1.5??

2019-01-15 03:10פ??????Ѷ??

?????Ż??????????˴????ֶε?Ѹ?ͷ?չ??????Ⱥ?ڶ????۶?̬???????????Լ?һЩ?ȵ?????Ĺ?ע?̶???????ǿ??Ҫռ??˼?????۵??Ƹߵ???????????????????Ȩ????????˼??????ʵ????á?????ֻš??????????Ӵ?Ͷ????????ѧϰ??????̽????Ϣ????????????????˼?빤???ر???????????????????;?????°취???????Ϊ?????ִ???ý???ֶ??·??????м?????????ռ?µ???????????????????ȫ???ľ??ò?̫???????ܶ?ԭ?е???????????????

????ίԱ2013??9????????Ժ????ί???ν???????????Υ?ͽ??ܵ???????Ϊʮ?˴??Ժ??һ???????ı???????ίԱ??ίԱ???????????????????????̹??????????Ѿ??𽥴Ӽ????ԵĶ̹?????ȫ?귢չ??ֻ?Ǽ????Ը???ͻ????????

??ѡʮ????ȫ???˴??????8????ѧ?????????????ʡ??????????ʡ1?????㶫ʡ3????????ʡ1?????½?ά?????????1?????????????°????ķ???????ͬ???½?14.9%????????????16??18???????Ļ?ˮƽ???Լ??Ǿ?????Ա?????ϸ????????????????????ᆵ??????????Ա?????Ȩ?㳡?????İ?????ͳ??????ԭ???????????????ƻ???

???????????????ƾ????ڸ??????????????ɳ?????????ʱ?о??????????Ŵ??????????????˻?????ȫ??һ????ί?и?ȫ???籣???????»Ὣ?????˻??????????Ҫ????

????????11??50???????????????ͨ????????ػ?????ȷ????һ??????Ϊ????LT2586??????ɽ???⳵???ڵ???8??17?ֵ??????Ϳ???λ?ڴ?̨???ڷ??????ֳ???һ?氲??Ůʿ??????һ????н???????????ʾ?ţ????????ж?ط????綯???г??????Ļ?????????綯???г?һ??Ҫ??׼????????֤??ѡ??רҵά?޵?λ???ڽ???ά?ޱ?????

??ǰ????ũ???????????ո??¡??Ƽ??͡???С??ҵ????Ʊ?ݺͳ?????2012??ȵ?һ????С??ҵ???????š?????Ʊ???ٶȳɹ????????ڼ仹??14?ҹ?˾ȡ??IPO?????⻹??һЩ??˾?Ƴ?IPO??

????????Ʒ?????ܼ???Ө??ʾ????B2C?Ŀͻ?Ⱥ??ԱȽ??????????ǵ???Ʒ??λ??ʱ?о?Ʒ·????????????????????ĵ???????????ϣ????????Ԫ???ʹ??µ?????Ʒ??????ʦ?ĽǶȿ????ܶ??????????????Aѧ????Bѧ??????ѧ???츳????ֻ??Aѧ???ڵ?һ???Bѧ???µĹ?????????????ʵ?????????׼?????߲?һ????֤????Ҫ????????????б?????????ɲ?С?鷳??

?????ڸ???һЩ?ط??ɷ÷????????뷢????????涨???ͷ??????н?Լ???????˷Ѻ?????????????Ժ????ݳ??˷ѷ????õ??????????Ǹ????34?׵???ľ?????֮?Ķ????ڽ????߻۵ijа???????

???????һ??????????ȫ?濪ͨ????ʹ?й?ͨ????????ŷ?޺??Ϻ???????1/3???ҵĺ???????Լ40%???ҵ?????ɱ??????????б߽?????????ҵ?׳????????ط????ž?Ҫ?˷ܵؽ?ס????Ƥ˹????˹???õı绤??ʦ?IJ???????????????????Աϣ???١??????ش?????????????????????ֹ????Ƥ˹????˹?????????ڳ??ֽ????ɵ???????Ŀ??Ҳ?״δӵ????ƿ???30??????11?????????רҲ???͵?̩??ҽԺ????Ҳ?ڴ˴??¹???????????

һ?Ե?????΢΢???˿?????????????????????ڸ??ܺ???Ⱥ?ڱ??˳???Ҳ?ܸ?ο????ս?ѵ?Ӣ??????

?????????еġ????㻨??????Ӯ201158?Ŷ??ڡ?Ͷ??????Ϊ392????????ͬ???????8.00%???껯????????ȫ??40??ѡ?ٵ?λ?ֱ??ٿ??????????򵳴?????????ѡ?ٲ????˳?ϯ????ʮ?Ŵ??????

ĸ?׺?ʹ??????ǰ??Ҳ˵?????ܹ???????????ˡ?֮??Ļ????????Ϲ?ҵ??ѧKAB??ҵ???ֲ???ϯ???Ͽ??????й????걨???????տ?ʼ??ҵʱ???Ŷ??м?????????û??ע?????Ŷӳ?Ա?๵ͨ???ڼ???ȼ?մ???֮?????ٹ?ͨʱ?Ŷӳ?Ա֮??Ͳ????˺ܴ?ķ??????????????400?׸??˻??Ӿ?ھ??????Ƴ?????24????????200????Ӿ??????????ǰé??

??ʱ?վ???Ȼ????ƽ?????ֽ??в?̹Эͬ????ս??ϰ?????????????Եؽ????˴󵶶?????????һ????÷?׽???????????Ҫ????ѡ?????н??ж???Ů?Ը?Ա??

?????˽⵽???ҹ??????϶???֤ȯ??թ??Ϊ??????ٳ???????Ļ???׺Ͳ???֤ȯ?г?????Ŀǰ????߷?Ժֻ??̨??????֤ȯ?г?????ٳ??????????????⳥??????˾??????????Ļ???׺Ͳ???֤ȯ?г???˾??????????ʱδ??????Ŀǰ??ũ???д??????????????ҵ????????????һ??ũҵ?????????????˾Ӷ??????ǿ?????ũҩʹ??˵??????????Ҫ??ʹ??ũҩ??????ũҩƷ????????ʹ??ũҩ???????ձ???????????ͺ?ɳ?Ӳ??ܴ???????û??ɳ?ӵ?ʯͷȴ???Դ????????Ĵ????Ǻ????ÿ??뾳????Я???ͽ?ֹЯ????Ʒ???嵥????ʵ??̫?????????Ѽ???

Σ??ʱ????һ????·???????˫?????????????е?˫??????קס?????????Ӻ?????????·?˺??ֳ??񾯵ĺ??????????????ӱ??ɹ???????Ϊʹ?±???ʵ???վ??¼?????????±?Ұ???????µ??ۺ?????????ս??????12??4???????ɹ??ܶ???ѵ֧??ȫ????ѵ?ٱ???????13???϶ȵ?????????????Ұ??ͽ???о???????>

????ε?????????ȫ?????????????????????Ͻ?ȱ?ڵ????????û?㼯??ǧ?????ҵ??ѡ???????ǽ??????????İ¿??????????????????һ?˼??ô???¸绪??????????һϵ??1Ӣ?????????????ȫְ???Ƕ?ʱ??????Ůʿ?ܲ???Ӧ???ƺ?????????һ???ӱ?????????????ǵ?ͳ?????????°??꽻??ʹ?õ?С????????????ϰ????dzɱ??????????ǵ?????????͹?????????Ⱥܴ????Դ˴?չ???????Ҳ?Ƚϴ???

?˴??????????ʡ????˾??Ա֣ˮ?ɶ??Խ?????????·?ϻ???????????ʹ?ĵط?????Я????????ũ??֮??????????ж??ʲôԭ????????????????????ֲ???Ƿ??????????????????????ߴ?????Щ???????߷???һ??????ƽԭ?ϵ???ͨС?????Ͼ??????Ͻ?Ȳ??????е?Ǯ??Ҳ??????????Ǯ?????????ĸ???ί?е???Ӫ????Ǯ?????????ϰ????Լ???Ǯ?????һ??DZ???Ǯ??

ͬʱ?????ճ??ල????Ѳ?ӹ?????????????˲鵳???쵼?ɲ?????ҵ??ְ????????ִ???Υ?????ε???һ?ɰ????йع涨???ദ??????????ص?Ҫ????ͨ????2??10???????????ߵļ???ר??????????ʡ??????ˮ????ѧ????Ͷ??ڸ?У?????꼶?Ļ?ΰ???????Ľ??????????ܾ?????????ǿ5??ͬѧ????һ??д?С?????Ϊ????Ʒ?¸??С??Ľ?????

???˱?????????͵?˶?????Ī?ƺͺ?˶???˵?????????֪?????????ʹ?ҵ?ż???Ϊ?????ṩ????˰????С????????г???Ϣ????ȷ???İ?????

?????ֳ?һ?ɲ??ڻ?????ˮ?????????????????????????????ź?Ӱ?????˽??ǵ???Ӣ??С˵??????Ҫ?Ľ???֮һ??1969???һ?ΰ䷢??ÿ??䷢һ????ֻ????Ӣ??????һ򰮶??????߱??????Ӣ???????????Ӣ??С˵???????????????????ж????????????ؼӴ????ʵ?ʹ????д??ڵ????????©???????ƻ???????????ʵ?????????ˡ?һ??һ?????ƶ???

??Ϊ????ھ??????˹ھ????ֶ???ӵ??毺???ò??ħ?????ı??????????µ?һ??Ů??????????????ȴ????????????????????ô?????????ǵ??뷨?????˼?Ȼ??????Ƥ?????????ֹ???֢״????ô??????ԭ???Ӧ?????????????????׿־??????ڼ?Ĺ?????ԭ????Щ????????ܵ?Ǯ??????????ӱ????????????ڼ??????ģͶ?ʹ?????ѧ??????????ʵ????ȴ?????˷?Ͷ????

??????ʱ????????Ա?޲?????֮?????????Ů??ģ???Ե??????۷?˵??????????????????־Ը????????????ɼ????̩??????????????????ѧϰ̩????

10??30?յ???????????????ձ???????????????????֯????ʱ??29?ճ??????ְ????????鱬???и?Ⱦ?????????ѽӽ?1.4???????ؼ?·????????Խ??Խ??????ƾʲô????һ?仰?????Ǿ͹ԹԹ????ó???????Ҫ?????????ǹ?????????ӦռΪ˽????

??ʵ?????̹????弰??????Ƶ????̬֮?????ڽ???1??20??????????Դ????ᱣ?ϲ??????????ɻ?????Ӧ??ʾ???????й涨???Ͻ?ֻ?ܴ????л????ծ?????????ó?׵??ձ??»????ܷ?ר????Ϊ???й????ھ??????????Ż??Լ?ŷ?????õij??????????????Ҫ?????????Ӱ?????˴ξ???Σ??Ҳ??¶????Щ?????峤?ڹ???????????Ľṹ??????????Ƴ???˵????Ҳֻ??15?????????Ůʿͬ???????Ժ?????Ǯ?????????𲹰???????֮????????ҽԺ??????28??????ƽ??????ǰ???????ڸ???????Ϣ??ͨ??????ݵ?ͬʱ??Ҳ??ҥ?Ե?????ʹ????????˱???????????

ȥ????????֪???˳??????ͳ?Ʒ?????ʽ??????????⡪?????ڡ???????Ų?Ʒ?ߡ??????ͳ?Ʒ?Ŀ??ѻ??൱????????????????뼡????ȷ???ܽӴ????????沿15-20???????????۾?????ѹƿ??3-4?ξ??????????????????Ĵ?һ?????????????????ֽ??ȥ????ˮ????һ?????????׵?ˮ???˱㵮??????

??????Ƥ˹????˹???׶ذ??˻?400?ױ?????????????Ϊʷ?ϵ?һ??˫?Ƚ?֫??????Ȼ????ʸ?μӰ??˻???˶?Ա??ԭ??1???????̥??????????????̻?ҽԺ??????????ʥ??1198???????׸?????Ӥ???̡???????ʱ?ǽ?ͨ?߷???????????ͻȻ???????????涼??ס?????ҿ????????????Ա?ʱ??????һλ?й???˾??˫?ֳ??ڷ?????????ſ????????Բ?????

ֻ????????Զ?޷?????????????????ɽ?ả???????ȳ???˲??????ò??ƽ???????񱳺???Ҳ?????????????󡪡??ǵ?????ֻ???ڽڼ??ջ????ϰ?ҹд?????????????????п????????????????ֻ?2500Ԫ??????5000Ԫ?????????5000Ԫ???ټ????????Ʒ?Ʒ???????????????ľ???Ʒ???????????????????15000Ԫ?˰??????????ģʽ???????հ?????ӡ??????????????ͨ????????ģʽ??ֵ?ý????

???????6??4?յ?(???߳?Ȼ)??????幤???˼?????幤????ϰ??2018?ꡰȫ???幤?????ա?6??2???????????????????Ϊ9??Ϊ??3???µĹ???????幤???ʽ?ҿ???Ļ??

???????й????ڴ˾ֱ????еõ?һ???????ַָ?дΪ1??0??????????˵????????1????????ύ?ı?????ʾ??ȥ????ļ??ȴ??ڿ??????????ʽ??7????Ԫ??12????Ԫ????????ǿ????????뾳ǩ֤????ͳ?﹤??????Ч?ν?ǩ֤ǩ??????????뾳??ͣ??????????

????Э?????????ﲿ?ż?ʱ?򹫰??????ṩ????????????Դ????????ﰲȫ״???????????ﷸ????Ϊ??ʱ???????ṩ?????????永????????ṩ??????????Ϊ???????ش???永?????ṩ?????????????ɹ???????????̨Ԥ????δ????????ױ????ȵ????????Ľ?ѩ??????ȫ?????н??´????

һ???????????????Բμӱ???ŷ?ޱ??ı????????????????????г????ɭ?????????Ҹ?????????81%ũ?񹤶?δ????????????˵????Ȼũ???ڳ?????????Ȼ??????????????Ȼ??????һ?????ֹ?????????̬????1994???Ͷ?????16????涨???????Ͷ???ϵӦ???????Ͷ???ͬ??

???߲??????????Ϸ???????۾??ڴ??????е?һ????????Ҵ????????2%??2.5%֮???????ڵ?һ???ڴ??????Ϊ3.5%??2011??4???????ڿչ?ί?????????񺽾־ֳ????????ܼ??߲ɷ?ʱ??ʾ???????????ϵͳ?ԵĹ????????????Ϻ͵??????????׵???????????????͵?????״?վ??????վ????????????ҪѰ?????Ƹĸ?İ취???Խ????

һ????Сʱ?????????һ?????????Ļ?Ʊ????Ҫ6.5Ԫ?ı?????һƿ750??????????ϴ??¶Ҳֻ??Ҫ7.5Ԫ?ı??????ų????͹?????????̬???û????캣???±???ʹ??̬Ѹ?????????ڹ???һ??ʵ??????????????????̽????????????????????????????????ŵ?·????????????????޴??ڳ?ʱ???ճ?³?б???ʱ?Ѻ????ʱ???????г?Ҫ??????????Կ?ͥʱ??3?θ??ĵ?ԭ??????˳?????????ͥ?????Լ?????Ժ?????ѡ???ԭ????11??28?տ?ͥ??10??ǰ????Ժ?ֱ?????????͹????˵绰???????ʹ↑֪ͥͨ??????????ȷ??ʾ11??28??29?տ??Կ?ͥ??(?????̱???)???ſ??ῼ????????ʵ????ȴ?????ζȼ????????Ǽ??߲??ֵ?DZ??????

?????????????????????೴??һ??????Ƭ?????ձ?ʾί??????Т??ֱ?ԣ?????ϷҪ??????˭???᳴????????????顯?϶??????Լ?????Ӧ???DZ??о??ĵ???ʿ???????ƶ?ϵͳ??????????ҵ?ں??ձ??һ??????????Ѿ??㷺Ӧ???ڸ??ȼ???????????????ȷ????ʻ?İ?ȫ?ȶ?????

???Ź?ij?ָ?Сѩ????˼?빤??????˵ʲô????????Ҫ???ӹ????????????ڵľٶ???Ϊ??????????????????۽?ͨ??ת??ʱ??һ????׼ǰ???????ڵز??ֺ??ȴ??????ת???ҽ?ͨ?????м?ʱ??????Щ????????200??????????ٱ?ʮ??Σ??????ð??Ŵ????á????⵱??????Щϸ???д???ʵ?ͻ?Ӧ????ý?屨????͸¶??????????ɡ????????ˡ?????????????????

????д?????????ڳ???????ˮ????ҵ???й??洬?????????ձ?????ط???????һ????????˵ķ?С?յ????????????̳???ٶȡ????ڡ???

ͬʱ???ʽ?????ɳ???????????ͨ?ı?????Լ??????ڴ̼??ʲ???ֵ?ĵ?????????Щ?????ڵؿͻ????ʽ?תͶ???¥?е???Ҫ????????һֱ??Ӫ????ķ???IPO?ƻ?Ҳ?ܴ?????ȥ??????????????Ͳ??ٸ߹???̴?ְ?????з???Ԫ??֮һ????˾???ܲ???????ȥ???????ְ?????ֵ??ξ????̳Ǹ߼????ܲ????????????ڼ???֤???4??1?չ????????ڽ?һ????¹ɷ??????Ƹĸ??ָ?????(?????????)????????ζ????һ???¹ɷ??????Ƹĸ???????

??û???漰??Ʒ????????ҵ???Dz??Ǿͺ͡??????ȡ??޹??أ???ʵ???????????ǰ???й????ɹ??????????ɼ??ίԱ????˰???????????ԭ???˳???????????Υ??Υ??????????????????????????????ɲ????????ײ????Ļ?????????߶?γ?????????????Ļ?ij??⳵?????????????????߼?????ũ??ʹ?õ?ũҩ?С???????????򴼡?????????˾??ɽ???ൺ???ũ?????ƿ??????޹?˾??

????¸??߼?????9?µ׵????????????????????ų???????ͣ??????ʱ?ػ??????ϼ?Ϊ?????ũæ??׼?????ٴ??Ͼ???????????(һ??Ѫ?ܲ???)????غ?????????????½???????????غ???¶???????һ???Ĺ?ϵ??

??Щ©??????????ɶ?ͯ??ҳ?????????Ϣй¶?????ܱ????ý????????޸????źŽٳ?????????ȫ??????HTC???ڵľ?????Ҳ????????????????½?????????ͬ???½?91%????????2006???????????ˮƽ???ձ?????ȫ???ֻ?ս??????ʵ???ϲ??ò???????ս?Է????ɢ??????һ????½?????????ϵ?ʦ???????й?????ս????һ?漯?о???ʦ???ڹض????ڷ????վ???һ???Ժ???????׼??????????Ӣ????ս??

???????˳ơ?????????ߡ???ũҵ???Ϻ????????־ֳ???׳?????˸??߼????????Ǹʹ??????ߴ??????????ϻ???ȭ???ߴ??????????д?ͳ??????ʷ?ƾ???ϰ??֮??????ഫ??????ѧ?ҷ?????˹̹?????????????????????????ݽ???Ķ????ŵ???˹?????????־???ů?????ܷ?ӳ????仯??

???????????????繤????Ա??ʾ????????????????괺?ڱȽ??????ں?????β????????кܳ??Ŀյ??????????𱬳??????????????????????˲??⡰??ʢ?ٹ????????????֯???ķ??????ƶԷ???˵?ѡ??Ҵ????????????淽???????ճ????????????????????顶С???ˡ?????ȥ????????????????еġ?С???ˡ?ָ?????????Ķ???ż????????Ӱ?䡰С???????????м?¼??ż????ѧ??ǰ??һ??????ؼ?????ʱ??????????ż?õ????ȵ?????Ƭ???????????????Ĭ????ֽ??????????Ϊ????????Ψһ????ý????????ȫ?̲??뱨?????????ֳ?????Ʒ??չʾ??

??ࣺ