This pricing plan considers the value of both circulative share and state - owned share , so it protects interests of both sides 这一价格既考虑了流通股的市价，又考虑了国有股权的内在价值，兼顾了国家股股东和流通股股东的利益。
In april , the csrc chose four companies for a pilot programme under which the non - tradeable shares would be listed and the state ' s holdings gradually reduced 四月，证监会选取四家公司作为试点，让非流通股可以上市，国有的股份逐渐地减持。
The object of acquisition shall extend to convertible bonds and warranties without limitation to shares , no matter negotiable stocks or non - negotiable stocks 收购的客体不应仅局限于股票(流通股、非流通股) ，还应扩展到可转化公司债券和认股权证。
The ownership structure is characterized by state - owned shares dominating singly and artificially division between circulating shares and non - circulating ones 国有上市公司的股权结构显著特征是“国有股一股独大”以及“流通股、非流通股人为分割” 。
Nbtm is one of the largest manufacturers of sintered structural components in china and also honored as " national high - tech enterprise " 公司注册资本19 , 550万元，其中日本国睦特殊金属工业株式会社持有公司36 . 52 %的股份，流通股占公司股份总数的39 . 13 % 。
The strategic behaviors of the listed companies are fully showed up in the decision - making results of the proprietary shareholders or the actual controllers 上市公司的战略行为充分体现在控股股东或实际控制人的决策结果之中,严重侵害了流通股股东的利益。
The share that issues on our country security market according to the stock hold a main body to differentiate , can divide for the country , legal person share and current 我国证券市场上发行的股票按照股票的持股主体来划分，可以分为国家股、法人股和流通股。
Such valuations are based on the improbable projections that all of the company ' s non - tradable shares still held by the state parent are equal in value to the traded shares 此等估值基于一个不太可能的假设，即中石油国有母公司持有的全部非流通股，均与流通股等值。
Shang fulin , chairman of the china securities and regulatory commission , said reforming the state ' s holdings of non - tradeable shares was crucial in developing the country ' s capital market 中国证监会主席尚福林说，国有非流通股改革在发展国内资本市场中是至关重要的。
The restructuring sought to end a practice where as much as two - thirds of the capital in the average company was nontradable stock , often held by a government entity 全流通改革是为改变以往中国上市公司通常都有三分之二股票不能流通的状况，这些非流通股大多是国有股。
