杩戝叐骞翠締(l谩i)宸村畨姘村嫏(w霉)闋荤箒鍑烘捣锛屽儏2016骞翠竴骞村氨涓€鍙ｆ埃鎶曡硣浜�3瀹舵捣澶栧叕鍙�锛岀劧鑰岄€欎簺鍏徃鐩堝埄鑳藉姏鍗讳笉瀹规▊(l猫)瑙€銆�

瑷樿€呰(di脿o)鏌ョ櫦(f膩)鐝�(xi脿n)锛屽叾閲嶉噾鏀惰臣(g貌u)鐨勫痉鍦�(gu贸)ItN绱嶇背骞虫澘闄剁摲瓒呮烤鑶滃叕鍙哥珶鏄竴瀹堕€ｈ櫑7骞寸€曡嚚鐮寸敘(ch菐n)鐨勫叕鍙革紝鑰屼笖宸村畨姘村嫏(w霉)骞舵湭灏�(du矛)瑭茶病(c谩i)鍕�(w霉)鏁�(sh霉)鎿�(j霉)浜堜互鎶湶銆備俊鍏挩瑭㈠悎浼欎汉鍚抽潪灏�(du矛)瑷樿€呰〃绀猴紝鎸夌収娣变氦鎵€灏�(du矛)涓婂競鍏徃鏀惰臣(g貌u)鍏憡鐨勬牸寮忚姹�锛屾噳(y墨ng)灏�(du矛)妯�(bi膩o)鐨勫叕鍙哥殑鍒╂饯(r霉n)绛夐棞(gu膩n)閸佃病(c谩i)鍕�(w霉)鎸囨(bi膩o)閫�(j矛n)琛屽叏闈㈡姭闇诧紝宸村畨姘村嫏(w霉)鏈夊埢鎰忛毐鐬炶櫑鎼嶇殑瀚岀枒锛屽爆浜庝俊鎶仌瑕�(gu墨)銆�

闋荤箒娴峰骞惰臣(g貌u)鍥炲牨(b脿o)骞句綍?

宸村畨姘村嫏(w霉)浜�2011骞�9鏈堝湪鍓�(chu脿ng)妤�(y猫)鏉夸笂甯�锛屼富鐕�(y铆ng)妤�(y猫)鍕�(w霉)娑佃搵甯傛斂姘磋檿鐞�銆佸伐妤�(y猫)姘磋檿鐞嗐€佸浐楂斿虎妫勭墿铏曠悊銆佸ぉ鐒舵埃瑾�(di脿o)澹撶珯鑸囧垎甯冨紡鑳芥簮浠ュ強鏂藉伐寤鸿ō(sh猫)绛変簲澶ф澘濉婏紝涓昏鐢�(ch菐n)鍝佹噳(y墨ng)鐢ㄤ簬甯傛斂宸ョ▼銆佹捣缍垮煄甯傚拰娴锋按娣″寲銆�

2016骞翠互渚�(l谩i)锛屽反瀹夋按鍕�(w霉)鍦�(gu贸)闅涘寲姝ヤ紣鍑虹従(xi脿n)鏄庨’鍔犻€�锛屽咕涔庝互鍗婂勾涓€瀹剁殑閫熷害閫�(j矛n)琛屾捣澶栧叕鍙告敹璩�(g貌u)銆�2016骞�4鏈�6鏃�锛屽反瀹夋按鍕�(w霉)瀹屾垚灏�(du矛)鎿佹湁姘ｆ诞鍥烘恫鍒嗛洟鎶€琛�(sh霉)鐨勫ェ鍦板埄KWI Corporate Verwaltungs GmbH(浠ヤ笅绨�(ji菐n)绋盞WI)100%鑲℃瑠(qu谩n)浜ゅ壊;2016骞�8鏈�2鏃ュ皪(du矛)澶栨姭闇叉摤鏀惰臣(g貌u)寰峰湅(gu贸)ItN Nanovation AG(浠ヤ笅绨�(ji菐n)绋盜tN)绱嶇背骞虫澘闄剁摲瓒呮烤鑶滃叕鍙�67.65%鐨勮偂娆�(qu谩n);2016骞�10鏈�26鏃ワ紝鍏憡鎿敤鑷湁璩囬噾鍙楄畵Larive Water Holding AG(浠ヤ笅绨�(ji菐n)绋盠W)21.6%鐨勮偂娆�(qu谩n)锛孡W鎿佹湁鐟炲＋姘村嫏(w霉)100%鑲℃瑠(qu谩n)锛屾湰娆¤偂娆�(qu谩n)浜ゅ壊瀹屾垚鍚�锛屽反瀹夋按鍕�(w霉)灏囬枔鎺ユ寔鏈夌憺澹按鍕�(w霉)鑲′唤锛岀憺澹按鍕�(w霉)鎿佹湁浣庢韩澶氭晥娴锋按娣″寲鎶€琛�(sh霉)浠ュ強寤㈡按闆舵帓鏀捐檿鐞嗘妧琛�(sh霉);ItN銆丩W宸蹭簬2017骞撮櫢绾�(x霉)瀹屾垚鑲℃瑠(qu谩n)浜ゅ壊;2017骞�5鏈�12鏃�锛屽叕鍙稿啀娆″嚭鎵嬶紝鎿緸鏂楀北閲嶅伐缇庡湅(gu贸)鎺ц偂鍏徃铏曞彈璁撳叾鎸佹湁鐨凞oosan Hydro Technology LLC.(浠ヤ笅绨�(ji菐n)绋盌HT)100%鑲℃瑠(qu谩n)銆傚反瀹夋按鍕�(w霉)閭勪簬鍘诲勾鍦ㄨ开鎷滅瓑鍦拌ō(sh猫)绔嬭睛浜嬭檿锛屽湪鏂板姞鍧�銆侀娓瓑鍦拌ō(sh猫)绔嬪瓙鍏徃銆�

涓嶉亷(gu貌)寰炲反瀹夋按鍕�(w霉)2016骞村勾鍫�(b脿o)渚�(l谩i)鐪�锛屽儏濂у湴鍒㎏WI瀵�(sh铆)鐝�(xi脿n)鐩堝埄锛�2016骞寸附璩囩敘(ch菐n)1.21鍎勫厓锛屽噲璩囩敘(ch菐n)7260.67钀�(w脿n)鍏冿紝鐕�(y铆ng)鏀�6841.84钀�(w脿n)鍏�锛岀嚐(y铆ng)妤�(y猫)鍒╂饯(r霉n)348.57钀�(w脿n)鍏冿紝鍑堝埄娼�(r霉n)436.45钀�(w脿n)鍏�銆�

灏�(du矛)姣斿反瀹夋按鍕�(w霉)2016骞�?du矛)I妤�(y猫)鏀跺叆10.3鍎勩€佸噲鍒╂饯(r霉n)1.41鍎勫厓锛孠WI鐨勫埄娼�(r霉n)璨㈢嵒(xi脿n)鐜囧彧鏈�3.1%銆備笉閬�(gu貌)锛孠WI鐨勬キ(y猫)绺�(j墨)宸茬劧灞簬宸村畨姘村嫏(w霉)娴峰鏀惰臣(g貌u)妯�(bi膩o)鐨勪腑琛ㄧ従(xi脿n)涓嶉尟(cu貌)鐨勫叕鍙革紝鍙︿笁瀹跺叕鍙哥殑鐩堝埄鎯呮硜鏇存槸涓嶅妯�(l猫)瑙€銆傚反瀹夋按鍕�(w霉)鏂ヨ硣800钀�(w脿n)姝愬厓(鎶樺悎浜烘皯骞ｇ磩6000钀�(w脿n)鍏�)鏀惰臣(g貌u)LW21.6%鐨勮偂娆�(qu谩n)锛屾牴鎿�(j霉)鍏憡淇℃伅锛屾埅鑷�2015骞�12鏈�31鏃�锛孡W鍑堣硣鐢�(ch菐n)鐐鸿矤(f霉)1.46鍎勫厓锛岀嚐(y铆ng)妤�(y猫)鏀跺叆1472钀�(w脿n)鍏冧汉姘戝梗锛岀嚐(y铆ng)妤�(y猫)鍒╂饯(r霉n)鐐鸿櫑鎼�3186钀�(w脿n)浜烘皯骞ｏ紝鍑堝埄娼�(r霉n)鐐鸿櫑鎼�4121钀�(w脿n)鍏冧汉姘戝梗銆�

闄や簡LW鍑堣硣鐢�(ch菐n)鐐鸿矤(f霉)鏁�(sh霉)锛屽痉鍦�(gu贸)ItN鍜岃繎鏈熷甯�736钀�(w脿n)缇庡厓鏀惰臣(g貌u)鐨勭編鍦�(gu贸)DHT涔熷爆浜庤硣涓嶆姷鍌�銆傚叕鍛婇’绀�锛屾埅鑷�2017骞�2鏈�24鏃�锛屾(bi膩o)鐨勫叕鍙哥編鍦�(gu贸)DHT绺借硣鐢�(ch菐n)1999.60钀�(w脿n)缇庡厓锛岀附璨�(f霉)鍌�5054.72钀�(w脿n)缇庡厓锛岃超闈㈠噲璩囩敘(ch菐n)鐐鸿矤(f霉)3055.11钀�(w脿n)缇庡厓銆備笉閬�(gu貌)锛屽反瀹夋按鍕�(w霉)琛ㄧず锛屾湰娆′氦鏄撹偂娆�(qu谩n)浜ゅ壊鍓�锛岃┎鍏徃鍘熻偂鏉卞強鍏剁浉闂�(gu膩n)涓婚珨璨�(f霉)璨�(z茅)娓呯悊瀹岀暍4500钀�(w脿n)缇庡厓鐭湡鍊熸銆�

鏀惰臣(g貌u)寰峰湅(gu贸)ItN淇℃姭閬曡(gu墨)

鍊煎緱娉ㄦ剰鐨勬槸锛岄棞(gu膩n)浜庣編鍦�(gu贸)DHT銆佸痉鍦�(gu贸)ItN鐨勮濡傜嚐(y铆ng)妤�(y猫)鏀跺叆銆佸噲鍒╂饯(r霉n)绛夐棞(gu膩n)閸佃病(c谩i)鍕�(w霉)鎸囨(bi膩o)锛屽反瀹夋按鍕�(w霉)鍧囨矑(m茅i)鏈夊湪骞村牨(b脿o)鎴栬€呮敹璩�(g貌u)鍏憡涓簣浠ユ姭闇�銆�

2016骞�8鏈�2鏃�锛屽反瀹夋按鍕�(w霉)鍦ㄥ痉鍦�(gu贸)ItN鑲℃瑠(qu谩n)鏀惰臣(g貌u)鍌欏繕閷勪腑鐨勨€滄秹鍙婃(bi膩o)鐨勫叕鍙哥殑涓昏璨�(c谩i)鍕�(w霉)鏁�(sh霉)鎿�(j霉)鈥濅竴娆勪腑琛ㄧず锛屾(bi膩o)鐨勫叕鍙哥殑涓昏璨�(c谩i)鍕�(w霉)鏁�(sh霉)鎿�(j霉)寰呴枊(k膩i)灞曠洝鑱疯(di脿o)鏌ュ悗浜堜互鎶湶銆傜劧鑰�锛岃┎鏁�(sh霉)鎿�(j霉)涓€鐩村埌鍏憡瀹屾垚鑲℃瑠(qu谩n)浜ゅ壊閮芥矑(m茅i)鏈夊皪(du矛)澶栨姭闇层€�

灏�(du矛)姝�锛屼俊鍏挩瑭㈠悎浼欎汉鍚抽潪鎺ュ彈瑷樿€呴噰瑷檪(sh铆)琛ㄧず锛屽反瀹夋按鍕�(w霉)灏�(du矛)寰峰湅(gu贸)ItN鐨勬敹璩�(g貌u)鍏憡涓嶇鍚堟敹璩�(g貌u)璩囩敘(ch菐n)鐨勫叕鍛婃牸寮忔寚寮�锛岃€屼笖鍓嶅悗鍏憡涓嶄竴鑷�锛屾壙璜炬姭闇叉矑(m茅i)鏈夊厡鐝�(xi脿n)锛屽瓨鍦ㄥ埢鎰忛毐鐬炵殑瀚岀枒锛屽凡缍�(j墨ng)妲�(g貌u)鎴愪笂甯傚叕鍙镐俊鎭姭闇查仌瑕�(gu墨)锛屼絾涓嶅爆浜庡毚(y谩n)閲嶆儏绡€(ji茅)銆�

鏍规摎(j霉)娣变氦鎵€鍓�(chu脿ng)妤�(y猫)鏉夸俊鎭姭闇插叕鍛婅姹傦細鏀惰臣(g貌u)銆佸嚭鍞(bi膩o)鐨勫鐐哄叕鍙歌偂娆�(qu谩n)锛岄倓鎳�(y墨ng)鍖呮嫭鈥滆┎鍏徃鏈€杩戜竴骞村強鏈€杩戜竴鏈熺殑璩囩敘(ch菐n)绺介銆佽矤(f霉)鍌电附椤�銆佹噳(y墨ng)鏀舵闋�(xi脿ng)绺介銆佹垨鏈変簨闋�(xi脿ng)娑夊強鐨勭附椤�(鍖呮嫭鎿�(d膩n)淇�銆佽ù瑷熻垏浠茶浜嬮爡(xi脿ng))銆佸噲璩囩敘(ch菐n)銆佺嚐(y铆ng)妤�(y猫)鏀跺叆銆佺嚐(y铆ng)妤�(y猫)鍒╂饯(r霉n)銆佸噲鍒╂饯(r霉n)鍜岀稉(j墨ng)鐕�(y铆ng)娲诲嫊(d貌ng)鐢�(ch菐n)鐢熺殑鐝�(xi脿n)閲戞祦閲�?j墨)绾泘绛夎病(c谩i)鍕�(w霉)鏁�(sh霉)鎿�(j霉)(娉ㄦ槑鏄惁缍�(j墨ng)瀵╄▓(j矛))銆傚瑭叉(bi膩o)鐨勫叕鍙稿噲鍒╂饯(r霉n)涓寘鍚純澶ф瘮渚嬬殑闈炵稉(j墨ng)甯告€ф悕鐩婏紝鎳�(y墨ng)浜堜互鐗瑰垾瑾�(shu艒)鏄�銆�

妯�(bi膩o)鐨処tN閫ｇ簩(x霉)7骞磋櫑鎼�

鐐轰綍瑕侀伩鑰屼笉璜囧痉鍦�(gu贸)ItN璨�(c谩i)鍕�(w霉)鎯呮硜绌剁珶濡備綍?鎿�(j霉)瑷樿€呰(di脿o)鏌ョ櫦(f膩)鐝�(xi脿n)锛孖tN鏄姘戠嚐(y铆ng)浼佹キ(y猫)鎴愮珛浜�2000骞�锛屼簬2006骞村湪寰峰湅(gu贸)娉曡槶鍏嬬璀夊埜浜ゆ槗鎵€涓婂競锛屽潗钀戒簬寰峰湅(gu贸)钖╃埦甯冨憘鑲�锛屽反瀹夋按鍕�(w霉)绋卞叾鏄€滅磵绫冲钩鏉块櫠鐡疯秴婵捐啘鎶€琛�(sh霉)鐨勯牁(l菒ng)灏�(d菐o)鑰呪€濓紝鏀惰臣(g貌u)?f霉)鐡跨強楂暢顫�?l谩i)妤�(y猫)鍕�(w霉)鍗�(xi茅)鍚屾晥鎳�(y墨ng)鍜屾捣澶栬瀺璩囦究鍒�锛屾湁鍒╀簬鏇村揩閫熶笖娣卞害鍒囧叆鍦�(gu贸)闅涙按鍕�(w霉)甯傚牬(ch菐ng)銆�

宸村畨姘村嫏(w霉)鍥犳浠�0.1姝愬厓/鑲＄殑鍍�(ji脿)鏍煎緸ItN鑰佽偂鏉盨toll瀹舵棌鍜孋oreo AG铏曞彈璁揑tN 9,672,861鑲＄殑鑲℃瑠(qu谩n)锛屽崰ItN鑲℃湰鐨�64.42%锛屽悓鏅�(sh铆)鍊熸50钀�(w脿n)姝愬厓绲tN鐢ㄤ簬瑁�(b菙)鍏呮棩甯哥稉(j墨ng)鐕�(y铆ng)鎬х従(xi脿n)閲戞祦锛屼互95钀�(w脿n)姝愬厓璨锋柗ItN鐨勫偟娆�(qu谩n)浜篠toll瀹舵棌鍜屽偟娆�(qu谩n)浜篠WN BeteiligungsGmbH鏇剧偤ItN鎻愪緵鐨勫児(ji脿)鍊煎叡鐐�1770钀�(w脿n)姝愬厓鐨勮哺娆�;鍙﹀鍏徃灏囦互2姝愬厓/鑲＄殑鍍�(ji脿)鏍煎湪2016骞�11鏈堜箣鍓嶅嚭璩�300钀�(w脿n)姝愬厓锛岃獚(r猫n)璩�(g貌u)ItN瀹氬悜鐧�(f膩)琛岀殑1,500,000鑲＄殑鑲℃瑠(qu谩n)(ItN鍦ㄦ娆＄櫦(f膩)琛屽墠绺借偂鏈偤15,015,596鑲�)锛屽崰鐧�(f膩)琛屽悗绺借偂鏈�16,515,596鑲＄殑9.08%銆傛湰娆℃敹璩�(g貌u)鑸囧璩囧畬鎴愬悗锛屽反瀹夋按鍕�(w霉)绺藉叡鎸佹湁ItN 67.65%鐨勮偂浠姐€�

鐢辨瑷�(j矛)绠�锛屽反瀹夋按鍕�(w霉)鏀惰臣(g貌u)寰峰湅(gu贸)ItN鍏徃绺芥垚鏈偤 491.73钀�(w脿n)姝愬厓锛屽悓鏅�(sh铆)鎻愪緵50钀�(w脿n)姝愬厓鍊熸锛岀劧鑰岃姳璨�(f猫i)瓒�4鍗冭惉(w脿n)浜烘皯骞ｆ敹璩�(g貌u)鐨勫嵒鏄竴瀹堕€ｈ櫑7骞�銆佹帴杩戠牬鐢�(ch菐n)鐨勫叕鍙�銆�

瑷樿€呮煡闁卞叾瀹樼恫(w菐ng)鐧�(f膩)鐝�(xi脿n)锛�2010骞磋嚦2016骞寸殑璨�(c谩i)鍫�(b脿o)椤ず锛岄€�7骞翠互渚�(l谩i)涓€鐩磋┎鍏徃铏曚簬閫ｅ勾铏ф悕鐙€鎱�(t脿i)锛岃櫑鎼嶉噾椤嶆渶澶х偤2011骞村噲铏ф悕720钀�(w脿n)姝愬厓锛岃櫑鎼嶉噾椤嶆渶灏忕偤2013骞寸殑440钀�(w脿n)姝愬厓銆�2016骞村彧瀹屾垚50钀�(w脿n)姝愬厓鐨勭嚐(y铆ng)妤�(y猫)椤�锛岀浉姣斿幓骞翠笅闄嶈秴閬�(gu貌)50%锛屾湭瑷�(j矛)鍒╂伅銆佺▍闋�(xi脿ng)銆佹姌鑸婂強鏀ら姺鍓嶇殑鍒╂饯(r霉n)(EBITDA)涓嬮檷0.9%锛岀偤铏ф悕350钀�(w脿n)姝愬厓锛屽噲鍒╂饯(r霉n)杓冧笂骞寸暐鏈夋敼鍠勫緸铏ф悕590钀�(w脿n)姝愬厓涓嬮檷鍒拌櫑鎼�580钀�(w脿n)姝愬厓銆�

鐐轰綍涓嶅皪(du矛)寰峰湅(gu贸)ItN鐨勮病(c谩i)鍕�(w霉)鎯呮硜閫�(j矛n)琛屾姭闇�7骞撮兘鏈泩鍒╂槸鍚︽剰鍛宠憲鍏剁泩鍒╂ā寮忔湁鍟�(w猫n)椤屽反瀹夋按鍕�(w霉)鏄惁鏈夎兘鍔涗护鍏舵壄铏�銆傛埅鑷崇櫦(f膩)绋�锛岃鑰呭皻鏈敹鍒板反瀹夋按鍕�(w霉)钁ｇ杈﹀氨涓婅堪鍟�(w猫n)椤岀殑鍥炲京(f霉)銆�

鐦嬬媯娴峰骞惰臣(g貌u)鐐哄摢鑸�

宸村畨姘村嫏(w霉)娴峰浜嬫キ(y猫)閮ㄧ附缍�(j墨ng)鐞嗘▊(l猫)鍦�(gu贸)骞虫浘鍦ㄨ偂鏉卞ぇ鏈�(hu矛)涓婅〃绀猴細鈥滃痉鍦�(gu贸)鍏徃ItN閬�(gu貌)鍘诲ソ骞惧勾閮借檿浜庣爺鐧�(f膩)鎶曞叆鐙€鎱�(t脿i)锛岀敘(ch菐n)鍝佸緢濂戒絾缂轰箯甯傚牬(ch菐ng)瀹氫綅鍜屽競鍫�(ch菐ng)闁�(k膩i)鎷�銆傛牴鎿�(j霉)閫欏€�(g猫)鐭澘锛屾垜鍊戝皪(du矛)鍏徃閫�(j矛n)琛屼簡閲嶆柊瑾�(di脿o)鏁�锛屽姞寮�(qi谩ng)甯傚牬(ch菐ng)閫欏锛屼績閫�(j矛n)鐢�(ch菐n)鍝佸湪涓湅(gu贸)鍜屽叏鐞冨竷灞€锛岀従(xi脿n)鍦ㄦ湁濂藉咕鍊�(g猫)鍠瓙鍦ㄩ亱(y霉n)浣�?锛�?br />
鍦ㄨ珖鍒拌繎鏈熸敹璩�(g貌u)鐨勭編鍦�(gu贸)鍏徃DHT鏅�(sh铆)锛屾▊(l猫)鍦�(gu贸)骞冲潶瑷€DHT鐨勫晱(w猫n)椤屽湪浜庢湁寰堝ソ鐨勬妧琛�(sh霉)鍜屼汉鎵嶅劜(ch菙)鍌�锛屼絾鏄矑(m茅i)鏈夎嚜宸辩殑鐢�(ch菐n)鍝侊紝浣嗘垜鍊戜笉鍍呮湁鎶€琛�(sh霉)鏈嶅嫏(w霉)涔熸湁鍚勭ó鐢�(ch菐n)鍝�锛岄倓鍙互鍋欱OT铻嶈硣闋�(xi脿ng)鐩€傛敹璩�(g貌u)DHT绗﹀悎宸村畨姘村嫏(w霉)鐨勫叏鐞冩埌(zh脿n)鐣�锛屾垜鍊戝笇鏈涘埄鐢―HT鎵撻枊(k膩i)缇庡湅(gu贸)甯傚牬(ch菐ng)锛屽湪鍖楃編寤虹珛姗嬮牠鍫�銆�

浣曟檪(sh铆)娴峰鍏徃鍒╂饯(r霉n)鎵嶈兘寰楀埌鏀瑰杽,妯�(l猫)鍦�(gu贸)骞宠獚(r猫n)鐐轰粖骞村凡缍�(j墨ng)鏈夋槑椤畩鍖�锛岀壒鍒ユ槸灏�(du矛)ItN鏈変俊蹇�锛屾澶栫編鍦�(gu贸)DHT涔熷凡缍�(j墨ng)鏈夐爡(xi脿ng)鐩湪璜�銆傛牴鎿�(j霉)鍫�(b脿o)閬擄紝ITN鐨勫钩鏉块櫠鐡疯秴婵捐啘(CFM)宸茶閬哥偤娴锋按娣″寲闋�(xi脿ng)鐩殑閬�(gu貌)婵惧伐钘�锛屼綔鐐哄弽婊查€忚啘鐨勯爯(y霉)铏曠悊浠ヤ繚璀夋按璩�(zh矛)鐨勭磾鍑堬紝宸村畨姘村嫏(w霉)瑷�(j矛)鍔冨皣鍏舵噳(y墨ng)鐢ㄥ湪鈥滅嚐(y铆ng)鍙ｄ粰浜哄扯娴锋按娣″寲闋�(xi脿ng)鐩€濅笂锛屼竴鏈熷伐绋嬮爯(y霉)铏曠悊绺借檿鐞嗚兘鍔涢仈(d谩)鍒�22钀�(w脿n)鍣�/澶┿€傚痉鍦�(gu贸)ItN浜︿簬浠婂勾3鏈堝皪(du矛)澶栭爯(y霉)娓�(c猫)浠婂勾?du矛)I妤�(y猫)椤嶆湁鏈涜秴閬�(gu貌)1000钀�(w脿n)姝愬厓锛�2017骞存湁鏈涘(sh铆)鐝�(xi脿n)涓婂競浠ヤ締(l谩i)绗竴娆℃湭瑷�(j矛)鍒╂伅銆佺▍闋�(xi脿ng)銆佹姌鑸婂強鏀ら姺鍓嶇殑鍒╂饯(r霉n)(EBITDA)杞�(zhu菐n)姝�锛屼絾鏈€绲傚彇姹轰簬涓湅(gu贸)瑷傚柈鑳藉惁鎸夋湡鎺ㄩ€�(j矛n)銆�

妯�(l猫)鍦�(gu贸)骞冲潶瑷€锛岀鐞嗘捣澶栧叕鍙告サ鍏锋寫鎴�(zh脿n)锛屾渶澶х殑闃诲姏鏄枃鍖栧拰鍍�(ji脿)鍊艰鐨勫法澶у樊鐣帮紝浣嗚鏀归€犲熀鍥犱笉鏄竴韫磋€屽氨锛岃€屾槸瑕佸皬鐏參鐕�銆�

宸村畨姘村嫏(w霉)娴峰鏀惰臣(g貌u)鐨勯泟蹇冨／蹇楀緸钁ｄ簨闀�(zh菐ng)寮垫槬闇栫殑灏�(du矛)澶栬瑳瑭变腑灏卞彲瑕�(ji脿n)涓€鏂戯細娴峰骞惰臣(g貌u)閬撹矾鏄反瀹夌殑浜屾鍓�(chu脿ng)妤�(y猫)锛屾垜鍊戝皣鍒╃敤璩囨湰甯傚牬(ch菐ng)鐨勫劒(y艒u)鍕�(sh矛),鍦ㄤ粖鍚庣殑5-10骞翠腑,鏀惰臣(g貌u)鍦�(gu贸)闅涗笂鍏锋湁涓€娴佹妧琛�(sh霉)銆佷竴娴佺敘(ch菐n)鍝併€佷竴娴佸搧鐗岀殑20瀹剁挵(hu谩n)淇濇按铏曠悊鍏徃,绲勬垚涓€鍊�(g猫)鍏ㄧ悆鑼冨湇鍏�(n猫i)鐨勬按铏曠悊鐢�(ch菐n)鍝佲€渨almart鈥�,浣垮叕鍙哥殑鐢�(ch菐n)妤�(y猫)閺堟寰楀埌鏁村悎锛屾湭渚�(l谩i)鐨勭洰妯�(bi膩o)鏄�3骞翠互鍚庢捣澶栨キ(y猫)鍕�(w霉)涓婂崌鍒�50%銆�

鏁�(sh霉)鎿�(j霉)椤ず锛�80%鐨勫苟璩�(g貌u)浠ュけ鏁楀憡绲傘€傚浣曢伩鍏嶅苟璩�(g貌u)鐨勫け鏁楅櫡闃�?寮垫槬闇栬獚(r猫n)鐐洪棞(gu膩n)閸靛湪浜庢帉鎻″ソ骞惰臣(g貌u)鐨勫競鍊煎畾寰�銆傗€滃苟璩�(g貌u)妯�(bi膩o)鐨勪紒妤�(y猫)涓嶈兘瓒呴亷(gu貌)鎴戝€戜紒妤�(y猫)甯傚€肩殑10%锛岃秴閬�(gu貌)浜嗗墖涓嶅ソ绠＄悊;閫氬父浣庝簬浣犲競鍊肩殑10%锛屽偡瀹虫槸姣旇純灏忕殑銆傚反瀹夋捣澶栧苟璩�(g貌u)鐨勭绫嶄箣涓€鏄皨鎵炬捣澶栫窗(x矛)鍒嗗競鍫�(ch菐ng)鐨勯毐褰㈠啝杌�锛岄€欓鍏徃鐨勭壒榛�(di菐n)鏄€樿(gu墨)妯″皬锛屼絾鎶€琛�(sh霉)鐛�(d煤)鐗光€�?锛�?br />
涓嶉亷(gu貌)鏈夋姇琛屼汉澹墖灏�(du矛)宸村畨姘村嫏(w霉)娴峰骞惰臣(g貌u)鐨勫嫊(d貌ng)姗�(j墨)鎻愬嚭璩�(zh矛)鐤�锛屽鏋滄槸鏀惰臣(g貌u)鏅�(sh铆)鐩堝埄浣嗘敹璩�(g貌u)涔嬪悗鍑虹従(xi脿n)浜嗚櫑鎼嶉倓鑳界悊瑙�锛岀偤浣曞姝ゅ瘑闆嗘敹璩�(g貌u)铏ф悕鐨勫叕鍙镐护浜鸿不(f猫i)瑙�锛岃€屼笖2016骞寸殑鏅�(sh铆)闁撻粸(di菐n)鍗佸垎寰鎭伴€汉姘戝梗璨跺€奸爯(y霉)鏈熷挤(qi谩ng)鐑�锛屾湁灏囪硣閲戝€掑嚭鍘荤殑瀚岀枒銆�