科陸電子有一定積極作用

  科陸電子股票質押風險自救方式獲市場認可

  2018-08-21 09:04:11 來源: 證券日報

  今年以來,部分上市公司股票質押風險始終牽動著A股市場神經,少數上市公司因實際控制人高比例股票質押,遭遇股價下跌引發平倉風險,而通過補充質押、停牌、持續增持等方式成為上市公司實現自救的常規路徑。

  近日科陸電子創始人、實際控制人饒陸華通過引入具有實力的股東,依靠轉讓股權這一市場化方式成功化解自身質押風險。業內人士認為,這不僅可以化解上市公司及其實際控制人的風險,在一定程度上也成為市場中化解股票質押風險的“標杆案例”。

  

  川財證券研究所高級研究員楊歐雯在接受《證券日報》記者采訪時分析稱,科陸電子作為民營控股上市公司,在面臨現金流困境時通過引入國有資本,為企業拆借提供背書,無疑為實體企業融資提供了新的實踐和案例。通過引入國資,將民營的資產優勢與國資的較高信用進行結合,實現了雙贏。這為其他可能同處困境的優質企業提供了新的問題解決思路。

  各大銀行正在借錢比較利息?每月平息低至0.18%,免手續費,加上$3,500港元現金回贈優惠,當然是您的借貸首選!「好現金」申請過程簡單,只需於網上申請或撥打熱線,我們將有專人跟進您的個案,助您解決資金煩惱!

  科陸電子的解決方案不僅使得自身轉危為安,獲得市場認可,同時監管層也給予了肯定。具體來看,截至2017年12月18日,科陸電子創始人、實際控制人饒陸華累計質押股票4.82億股,占其所持公司總股份的79.41%,質押融資金額為27億元。2018年以來,科陸電子股價持續下行,至6月份公司股票停牌時累計下跌27.16%,遠超同期中小板指數5.56%的跌幅。經過多輪補充質押物,至6月11日,饒陸華將所持全部股票質押,已再無補倉能力,平倉風險一觸即發。

  面對平倉風險,饒陸華開始籌劃轉讓股權。6月7日,科陸電子披露控股股東籌劃股權轉讓事項,宣布股票停牌。在此期間,饒陸華與深圳市國資委下屬國有資本運營公司深圳市遠致投資有限公司達成一致。

  8月4日,饒陸華與遠致投資簽訂《股權轉讓協議》,饒陸華向遠致投資協議轉讓科陸電子10.78%股份,轉讓價款10.34億元。8月10日,雙方完成股權交割,饒陸華把股權轉讓款全部用於償還股票質押貸款。遠致投資入股科陸電子後,積極幫助上市公司協調相關銀行恢複授信。隨後農業銀行、光大銀行恢複了科陸電子3億元的授信額度。

  “引入具有實力的股東是化解風險的關鍵。”一位接近監管層的人士向《證券日報》記者表示。饒陸華通過質押融資方式參與上市公司定增和進行其他投資是股東的一種市場行為,其最終依靠轉讓股權這一市場化方式化解自身質押風險。股權受讓方雖是地方國有資本運營公司,但轉讓及定價均是雙方通過市場化方式協商確定,這說明股票質押風險可以通過市場化手段得到化解。

  質優企業可效仿尋找承接主體

  楊歐雯表示,今年以來,市場中部分進行股權質押的實業企業面臨強平的風險,同時也是受到資本市場環境的影響,企業在融資解決流動性的問題上處於比以往更加困難的境地,部分資產質地良好的實業企業由於資金鏈問題面臨難以存續經營的風險。

  “在這種情況下,一方面監管層在努力通過制度建設降低企業融資成本。另一方面,企業自身也在努力增加融資渠道,緩解資金壓力,可以觀察到上半年有多筆債轉股項目發行。”楊歐雯分析說。

  楊歐雯認為,“目前經濟數據韌性仍存,政策支持力度不斷擴大,信貸額度、基建投放力度未來都有可能增加;在金融服務實體和防控系統性風險的方針指引下融資成本可能進一步降低,我們對後5個月的市場仍存信心,同時也認為實業企業可以通過多種方式靈活拆借以期平穩度過危機。”

  中國證券業相關負責人此前表示,經了解,質押融資方通常為上市公司5%以上的大股東,相當部分是上市公司控股股東,為保持對公司的影響力和控制權,一旦出現違約風險,相關股東傾向於與證券公司協商通過補充標的證券及其他質押物、合同延期、展期等多種方式避免進入處置程序。個別最終進入違約處置的,需遵守上市公司股份減持規定中關於減持時間、比例和信息披露等方面的要求,因此證券公司往往會協助尋找受讓方,通過協議轉讓、司法拍賣等方式變更股權持有人,真正從二級市場減持的金額非常有限。

  我們將恆生指數成份股按其每日股價表現順序排列,方便投資者掌握並準備輪證部署。此頁面亦提供每一隻恒數成分股之比重及當日的成交額及市值供投資者參考。

  有券商研究者認為,對於最終確需處置的交易,建議嘗試借鑒科陸電子經驗,尋找有意整體承接股權的主體,通過協議轉讓達成交易。從下半年整個市場來看,股票質押風險對市場短期沖擊有限。

  文章轉自:http://www.xinhuanet.com/fortune/2018-08/21/c_129936743.htm

寶寶要添加輔食了

寶寶要添加輔食了,本來是一件很開心的事情,但是卻被鹽鬧得異常苦惱。長輩總說孩子需要吃鹽,不吃鹽會走路不穩、沒有力氣,但是有一種說法是孩子不應該過早吃鹽,飲食要清淡,那么,到底應該怎么做呢?
根據《中國居民膳食指南(2007)》以及最新版的《中國居民膳食營養素參考攝入量》兩本書中所言,嬰兒1歲以內不建議吃含食鹽的食物,最好選擇吃原味食物。3歲之前請勿添加鈉鹽。具體嬰兒應該食用多少鹽,也有具體數據。6-12月的嬰兒,每天需要350毫克(mg)的鈉。1-3歲的嬰兒每天需要700mg鈉(相當於1.8g食鹽),4-6歲的孩子每天大約需要900mg的鈉(相當於2.3g食鹽)。6歲以上的兒童食鹽量最好控制在3-5克。

兒童 增高想不到辦法?注射生長激素長高有用?還是自然生長?兒科醫生鄭碧純教你增高的方法!讓你直接了解矮小的原因!

看到具體數值,寶媽也許會認為,嬰兒每天還是需要鹽,所以輔食中可以添加鹽。如果你也這樣想,那么,就忽略了一件事。平時的食物中,本身就含有鈉,比如奶類食物、雞蛋、蔬菜等等。正常情況下,1歲之前的寶寶每天所需的350毫克的鈉,完全可以從日常飲食中獲得,不需要額外補充。
三歲之前的寶寶,攝入的食物種類已經多種多樣,奶類、主食、蛋類、水果、蔬菜、豆制品等,這些食物中的鈉含量,也足夠滿足寶寶自身對於鈉元素的需求。所以說,寶寶三歲之前,完全可以不食用食鹽。
看到這裏,很多寶媽就會覺得,寶寶三歲之前不吃鹽,太殘忍了。食物中一點味道都沒有,不好吃。但是,我們不是寶寶,也許在我們口中基本沒有味道的食物,對於寶寶來說卻是美味。大人不應該把自己的味覺感受強加於孩子身上。

兒童 增高想不到辦法?注射生長激素長高有用?還是自然生長?兒科醫生鄭碧純教你增高的方法!讓你直接了解矮小的原因!

雖然我們覺得寶寶不應該過早吃鹽,但是很多家庭仍避免不了給孩子吃鹽。1歲之後,大部分寶寶都會跟隨大人一起吃飯,家長可能會稍微照顧一下孩子的感受,但是無法做到自己也不吃鹽,所以孩子或多或少還是會吃些鹽。
如果可以,建議給孩子單獨做飯,一歲以內不給孩子吃鹽,三歲前也盡量少給孩子吃鹽,不要讓孩子從小就“重口味”。孩子更加適合天然食物的味道,而且這個階段控制鹽的攝入,還可以降低以後高血壓和心腦血管疾病的發病幾率。

original article

Raise oneself, teach according to one’s aptitude.Hello, I’m yao ping.Write an article every day to share my observations and experiences.This is the 73rd original article.
parents‘ collective mantra is often heard: „why are you so disobedient?“At this time I was laughing, in fact, because all the parents are the same, the children hope to save trouble.There is a kind of child in the world that is really easy to take with you.
Yellow character children, the most important thing they lack is their own ideas, once the goal is identified, immediately action.I’m telling you today, kids who are the opposite of the yellow character, they have no idea, they are willing to be obedient and cooperate with others.Once they are familiar with a place, they are willing to stay put.Even if you tempt him, there is poetry, distance, wine ahead.Just listen.
The first characteristic of green character is to be obedient and have no opinions or thoughts.Green children are those who are praised by their elders as „obedient children“.Of the four characters, the most obedient is the green one.If you have red or yellow children in your family, you will envy the green children in the next room.

The company’s brand image depends highly on such criteria. Setting aside corporate gift solution like a pen; think out-of-the-box. This ignites client’s impression about your corporate image.

One of the younger generation, his grandmother said that when she was a little girl, it was very easy.How much less trouble?In the past, the countryside was full of breast milk. When you fed the baby, the family would not lie there, crying or making noises.people used to do farm work in the countryside and no one took any children.The child, who was not two years old, put some food and water on the bed.people can stay for half a day without running around, crying or making noises.I know what you’re thinking. Is the child stupid or stupid?In fact, children are very normal, people are very quiet and willing to listen to others, to cooperate with others ah.
I also heard a mother say that her child is very obedient, remember once, he went to the neighbor next door, something happened, gave the child a handful of rice, let him feed the chickens in the yard.As a result, my mother took care of maha.Two hours passed, and it occurred to her that the child was still in the yard.

Victoria Kindergarten Nursery – established playgroup programme in Hong Kong since 2010. English and Chinese speaking playgroup hk staff will interact with students to create a bilingual learning atmosphere.

I did, and the child was still standing where she had left it.The child looked into the clearing in front of him and did not think of going anywhere else.When the mizzah was finished, the chickens ran away.Do you think your child is dementia?It’s not stupid.It’s just that the kid thinks you told me to stay here, but you didn’t say anything new, so I’m waiting for you.
You often see that kind, very quiet to see you will smile, mother asked him to say hello to you, he will smile: „uncle good, aunt good“ child, not much words, very quiet.If you let him stay in the car, you go to the supermarket and get something back.As long as the car is not suffocating, he will always wait for your return with his characteristic quiet.But if you leave a yellow kid in the car for ten minutes, it’s probably less than five.He will honk his horn and keep urging you until you rush back to serve him.

One can see that wine possesses several ingredients that help people get a wonderful, risk-free life! However, keep in mind to consume it in limited amounts, or else wine tasting could have adverse effects!

Keep the kids in the car, of course, and try not to try.It is illegal for a foreign country to leave a child under ten alone in a car.Although there is no such strict rules in China, children are not safe in cars after all.Try to bring your child with you. There is a cart in the supermarket.If you have a child with a green personality, you will feel especially relieved. They are obedient, quiet and don’t cause you any trouble, because green personality doesn’t like trouble itself.
The second characteristic of green character is that there is no goal and no motivation.When your child is very young, you will find that the child is not motivated. It is good to get what you want, but it doesn’t matter if you don’t get it.If you’re a demanding parent and have a child like this, you must think you’re doing something wrong.You’re all so efficient. Why are children so listless?
You may education kids, stick to your dreams, work hard, and eventually get what you want.But a child with a green personality, who has very few hobbies, contrary to red, may have a lifelong interest. You really need to help him find his own and guide him to stick to his hobbies.