晨会20100304
䆘㑻䇈ᯢঞܡ䋷ໄᯢ䇋খ㗗ᇕᑩ㓪ᅵ˖ᓴ㕸 Tel˖010-84588299 Mail˖zhangqun@citics.com
ߚᵤᏜᖿ
ᅣ㾖᭄⚍䆘˖㕢䴲ࠊ䗴Ϯ 30,ǃ㕢㘨ټ㻤ⲂкϢ $'3 ህϮਞ�
üü㘨㋏Ҏ˖㚵ϔᏚǃ$OH[LV�*DUDWWL�
� � ᳜䴲ࠊ䗴Ϯ䞛䌁㒣⧚Ҏᣛ᭄˄30,˅छ㟇 ��˄Ꮦഎ᱂䘡乘⌟Ў ��˅ˈ � ᳜䆹ᣛ᭄छ
㟇 ����DŽ㕢᳡ࡵϮᠽᓴ߯ϟ㞾 ���� ᑈ �� ᳜ҹᴹⱘ᳔ᖿ䗳ᑺ∈ᑇˈ៤Ў㕢ϔ᧑
ᄤ㒣⌢ࠎ▔ᮑঞࠊ䗴Ϯಲछᗕℷ݊Ҫ㒣⌢乚ඳ...
䆘㑻䇈ᯢঞܡ䋷ໄᯢ䇋খ㗗ᇕᑩ㓪ᅵ˖ᓴ㕸 Tel˖010-84588299 Mail˖zhangqun@citics.com
ߚᵤᏜᖿ
ᅣ㾖᭄⚍䆘˖㕢䴲ࠊ䗴Ϯ 30,ǃ㕢㘨ټ㻤ⲂкϢ $'3 ህϮਞ�
üü㘨㋏Ҏ˖㚵ϔᏚǃ$OH[LV�*DUDWWL�
� � ᳜䴲ࠊ䗴Ϯ䞛䌁㒣⧚Ҏᣛ᭄˄30,˅छ㟇 ��˄Ꮦഎ᱂䘡乘⌟Ў ��˅ˈ � ᳜䆹ᣛ᭄छ
㟇 ����DŽ㕢᳡ࡵϮᠽᓴ߯ϟ㞾 ���� ᑈ �� ᳜ҹᴹⱘ᳔ᖿ䗳ᑺ∈ᑇˈ៤Ў㕢ϔ᧑
ᄤ㒣⌢ࠎ▔ᮑঞࠊ䗴Ϯಲछᗕℷ݊Ҫ㒣⌢乚ඳӴ䗦ⱘֵোDŽଚϮ⌏ࡼᣛ᭄
Ң � ᳜ⱘ ���� छ㟇 ����DŽᮄ䅶ऩᮄߎষ䅶ऩ㒻㓁ᇣᐙϞछDŽⳳℷⱘ߽ད⍜ᙃᴹ
㞾ህϮ៤ߚᣛ᭄ˈ䆹ᣛ᭄ᰒ㨫Ϟछ �Ͼⱒߚ⚍㟇 ��ˈᛣੇⴔ㕢㒣⌢Ё᳔Ў䞡㽕ⱘ
乚ඳेᇚ߯䗴ߎህϮᴎӮDŽ�
� $'3 ܼ㕢ህϮਞᰒ⼎ˈ㒻 �᳜ޣᇥ �ϛҎПৢˈ�᳜⾕Ҏ䚼䮼䴲ݰህϮҎ᭄ޣᇥ �
ϛҎ˄Ꮦഎ᱂䘡乘⌟Ўޣᇥ � ϛҎ DŽ˅䖭ᰃ ���� ᑈ � ᳜ҹᴹህϮҎ᭄ޣᇥ∈ᑇ᳔Ԣ
ⱘϔˈ㸼ᯢᅲ䰙Ϟ㕢ህϮޣᇥ䖛Ј䖥ሒໄDŽ㞾 ���� ᑈ � ᳜ҹᴹࠊ䗴Ϯ佪߯
䗴ߎህϮ㘠ԡˈ㗠ᓎㄥϮ䞥㵡ϮህϮҎ᭄䖯ϔℹᐙޣᇥDŽ$'3 ህϮਞᰒ⼎ˈ
Ꮦഎᑓ⊯乘䅵ˈ�᳜ �᳜ϡ߽ⱘ⇨⢊މᇚҸ㕢ࢇᎹ㒳䅵ሔ˄%/6˅਼Ѩेᇚ݀
Ꮧⱘ䴲ݰህϮ᭄Ԅ⌟ؐᡓय़DŽ�
� 乘⌟Ϣሩᳯ ሑ˖ㅵҞ݀Ꮧⱘ $'3 ህϮਞ乘䅵 �᳜䴲ݰህϮҎ᭄ޣᇥ �ϛҎҹϟˈ
Ԛ៥Ӏҡ乘䅵䴲ݰህϮҎ᭄ࡴ � ϛҎˈ䖭Џ㽕ᰃ⬅Ѣ㒣⌢⌏ࡼ᳡ࡵϮህϮᔶ
ᯢᰒᬍ᠔㟈DŽ�
ᮄ㛑⑤≑䔺㸠Ϯ⚍䆘ਞ˖ᬓㄪ偅ࡼᮄ㛑⑤≑䔺ѻϮথሩ�
üüᴢ⊶ǃ䆌㣅म�
� џӊಲᬒ Ꮦ˖എᇍᮄ㛑⑤≑䔺㸠Ϯ݇⊼ᑺᰒ㨫ᦤछDŽЁહᴀજḍӮ䆂ᡓ䇎ࠄ����
ᑈݙऩԡ⫳ѻᘏؐѠ⇻࣪⺇ᥦᬒ㾘ϟ䰡㟇 ���� ᑈⱘ ��ˉ���ˈᏖഎᇍᮄ㛑⑤≑
䔺݇⊼ᰒ㨫ᦤछDŽ䖥ᳳ䱣ⴔϸӮЈ䖥ˈၦԧᇍᮄ㛑⑤≑䔺ⱘ݇⊼䅼䆎ᯢᰒࡴˈ
Ꮦഎᇍ⬹ᮄ݈ѻϮ˄⬉ࡼ≑䔺 Ā˅कѠѨāᤃ݈㾘ߦǃҹঞ⾕Ҏ䌁фᮄ㛑⑤≑䔺
㸹䌈᳝᠔乘ᳳˈⳌ݇݀ৌ㙵Ӌ䍄䕗ᔎDŽ�
� ᬓㄪ乘ᳳ˖থሩᮄ㛑⑤≑䔺Ϟछ㟇ᆊ⬹催ᑺˈⳌ݇ᬓㄪ᳝ᳯҢᇍӕϮᏖഎሖ
䴶ߚ߿ᬃᣕDŽথሩᮄ㛑⑤≑䔺ㄝ⬹ᮄ݈ѻϮ᳝ࡽѢᬃᩥЁᔧࠡ㒣⌢⼒Ӯথሩˈ
ৠḋ᳝ࡽѢᓩ乚ᴹᣕ㓁থሩˈথሩᮄ㛑⑤≑䔺Ϟछ㟇ᆊ⬹催ᑺDŽ៥Ӏ䅸ЎⳌ
݇ᬓㄪ᳝ᳯߚ߿ᇍ⫳ѻӕϮ㒜ッ⍜䌍ќҹᬃᣕ ᮄˈ㛑⑤≑䔺⼎㣗ජᏖ⬅ �� Ͼᠽ
㟇 �� Ͼˈ䚼ߚජᏖৃ㛑䆩⚍⾕Ҏ䌁䔺㸹䌈DŽ�
� ᡩ䌘䘏䕥˖ⷁⳟ⏋ড়ࡼˈЁⳟ㒃⬉ࡼˈ➗᭭⬉∴⾏ѻϮ࣪ҡ᳝䕗䎱⾏DŽḍᮄ
㛑⑤≑䔺㸠Ϯޚܹᷛޚˈ⏋ড়ࡼ䔺ሲѢ៤❳ᳳѻકˈ䫔ଂǃՓ⫼ϞϢӴ㒳≑䔺Ⳍ
ৠ˗᭄㒃⬉ࡼ䔺ҡሲѢথሩᳳѻકˈা㛑ᡍޚⱘऎඳǃᴵӊϟ⼎㣗䖤㧹DŽҢ䖥
ᳳᑓՓ⫼ⳟˈᑨ⫼䬡⇶⬉∴ⱘ⏋ড়ࡼ䕗ᑨ⫼⻋䝌䪕䫖⬉∴ⱘ㒃⬉ࡼ䔺᳝Ӭ
DŽ➗᭭⬉∴ᡔᴃҡϡ៤❳ˈ⾏ѻϮ࣪Ꮒ䎱䕗DŽ�
� ᡩ䌘ᷛⱘ˖䞡⚍݇⊼⬉∴ǃᮄ㛑⑤ᅶ䔺ˈݐ乒ᮄ㛑⑤䕓䔺ᡩ䌘ᴎӮDŽ⬉∴ᰃᮄ㛑⑤
≑䔺ѻϮ䫒Ёᡔᴃ䲒ᑺ䕗ǃ݇⊼ᑺ䕗催ⱘ⦃㡖ˈ⬉∴乚ඳ᳝䭓ᳳゲѝӬⱘ
ӕϮ᳝ᳯ៤Ўᮄ㛑⑤≑䔺㸠Ϯ㡃དᡩ䌘ᷛⱘDŽᅶ䔺݀ৌⱘѻ䫔䞣᭄ǃ߽⍺㾘䗮
ᐌ䕗Ԣˈᮄ㛑⑤ᅶ䔺䲚ಶ䞛䌁ⱘ䅶ऩৃ㛑ᇍ݀ৌϮ㒽䋵⤂ᯢᰒˈ᳝ܜথӬⱘ
ᮄ㛑⑤ᅶ䔺ঞḌᖗ䳊䚼ӊӕϮ᳝ᡩ䌘ӋؐDŽ�
� 㸠Ϯ┰亢䰽㋴˖ᮄ㛑⑤≑䔺ѻϮᬓㄪᬃᣕᑺϡ䖒乘ᳳˈⳌ݇ᬓㄪᬃᣕᓊ䖳ߎ
ৄˈ⻋䝌䪕䫖⬉∴ϧ߽亢䰽ㄝDŽ�
� 2010ᑈ 3᳜ 4᮹ ᯳ᳳಯ
Џ㽕Ꮦഎᣛ᭄
⍼䎠%
ᣛ᭄ ᬊⲬ⚍ԡ
1᮹ 5᮹ ᴀᑈ
Ёᷛ 50 2445.13 0.38 2.5 -9
Ёᷛ 300 2799.27 0.74 2.8 -6
Ϟ䆕ᣛ᭄ 3097.01 0.78 2.5 -6
佭␃ᘦ⫳ 20876.79 -0.14 2.0 -5
H㙵ᣛ᭄ 12048.25 0.26 4.8 -6
㑶ㅍ㙵 4064.50 -1.07 0.7 0
᮹㒣 225 10253.14 0.31 0.5 -3
䘧⨐ᮃ 10396.76 -0.09 0.2 0
ᷛ᱂ 500 1118.79 0.04 1.2 0
㒇ᮃ䖒ܟ 2280.68 0.00 2.0 1
Џ㽕ᳳ䋻ଚક
⍼䎠%
ᳳ䋻 ᬊⲬӋUSD 1᮹ 5᮹ ᴀᑈ
㒑㑺ᳳ⊍ 80.87 1.49 1.1 2
㒑㑺ᳳẝ 83.19 1.58 4.8 10
㒑㑺ᳳ䞥 1143.30 0.52 4.3 4
Ӻᬺᳳ䪰 7555.75 1.18 5.9 3
Ӻᬺᳳ䪱 2183.00 1.97 3.4 -1
Џ㽕∛ଚક
⍼䎠%
∛ ᬊⲬӋ
1᮹ 5᮹ ᴀᑈ
㕢ܗᣛ᭄ 79.99 -0.66 -1.1 3
㕢ܗ-Ҏ⇥Ꮥ 6.83 -0.01 0.0 0
㕢ܗ-᮹ 88.40 -0.70 -1.9 -5
ܗ-㕢ܗ 1.37 0.90 1.3 -4
㣅䬥-㕢ܗ 1.51 0.97 -1.9 -6
佭␃Ꮦഎὖ㾜
㉏߿
ᘏᏖؐ
ғ␃ܗ
៤Ѹ
䞥乱
ғ␃ܗ
ᏖⲜ⥛
PE
Ꮦޔ⥛
PB
ᘦ⫳ᣛ᭄ 178685 229.2 19 1.9
H㙵ᣛ᭄ 132183 138.3 19 2.3
㸠 Ϯ
ᡩ䌘ક 11804 21.0 25 2.3
݀⫼џϮ 4064 11.5 24 2.5
⍜䌍᳡ࡵ 2472 5.1 33 3.8
㗤⫼ક⾥ᡔ 8421 21.7 25 3.5
⍜䌍ક 9146 16.0 23 3.1
Ѹ䗮䖤䕧 9304 13.4 16 1.7
ॳᴤ᭭ 11413 22.3 27 2.2
䞥㵡 70678 83.4 24 2.8
㛑⑤ 51804 30.3 17 2.0
≑䔺 3925 13.5 28 3.3
ए㥃 497 1.1 23 2.1
᠓ഄѻ 8158 22.3 20 1.5
⬉䆃 20409 39.9 16 2.0
⊼˖PEǃPB ⱘ䅵ㅫ䞛⫼ 08 ᑈⱘᑈ᭄DŽ
Ꮦؐǃ៤Ѹ䞥乱Ў᳔䖥ϔϾѸᯧ᮹ⱘ᭄DŽ
䌘᭭ᴹ⑤˖Ё᭄ֵ䞣࣪ᡩ䌘ߚᵤ㋏㒳ˈBloomberg
䇋ࡵᖙ䯙䇏ℷ᭛Пৢⱘܡ䋷ᴵℒ䚼ߚ 2010ᑈ 3᳜ 4᮹ 2
᰼Ӯ�
� 㸠Ϯᡩ䌘䆘㑻˖থሩᮄ㛑⑤≑䔺㸠ϮϞछ㟇ᆊ⬹催ᑺˈ៥Ӏ䅸Ўᮄ㛑⑤㸠Ϯⷁᳳ᳝ᳯᬓㄪࠎ▔ϟ᳝䍙乱ᬊⲞ˗䱣ⴔ
Ꮦഎ㾘ᣕ㓁ᦤछˈᮄ㛑⑤≑䔺㸠Ϯᇚᔶ៤Ё䭓ᳳᡩ䌘ᴎӮDŽ៥Ӏᓎ䆂݇⊼˖⾥䖰ǃᴝᴝ㙵ӑǃ亢Ꮪ㙵ӑǃϛ䪅╂ǃ
ᅫ⬇ࡼǃ⽣⬄≑䔺ǃᅛ䗮ᅶ䔺ǃᅝ߃ᅶ䔺ǃЁ䗮ᅶ䔺ǃᅫ⬇ࡼǃᲭܝ㙵ӑǃ∳㢣⋄ǃԯล㙵ӑǃ↨Ѯ䖾˄+˅݀ৌㄝDŽ�
ֱ䰽㸠Ϯ ���� ᑈ � ֱ᳜䌍᭄⚍䆘˖Ꮉ᭄ᇐ㟈ֱ䌍ৠ↨䗳䕗ᖿüüᔎѢᏖ˄㓈ᣕ˅�
üü咘ढ⇥�
� џ乍˖ЁҎᇓǃЁᑇᅝЁֱ݀ਞ ���� ᑈ � ֱ᳜䌍᭄ˈ݊Ёᇓ䰽ֱ䌍Ў ���ǃ��� ��� ғˈⳌᇍѢ ���� ᑈߚ
߿䭓 �����ǃ����� �����DŽ�
� ���� ᑈ � ᳜݀ৌֱ䌍䭓᭄ৃ㾖ˈᇓǃᑇᅝᇓֱᇓ䗳Ў �����ǃ����� �����ˈᑇᅝ䋶ֱ䋶䗳 �����
�����ˈ ���� ᑈ � ᳜Ў㡖ˈ���� ᑈ � ᳜Ꮉ᮹ �� ˈৠ↨ �����ˈ㗗㰥ࠄ᭄ᕅડ᮹ഛֱ䌍䭓 ���ǃ������
�����ˈ䇈ᯢᇓⱘ㒧ᵘ䇗ᭈᑺձ✊ᕜDŽҢग़Ϟⳟऩ᭄᳜ᇍܼᑈֱ䌍䗳ᕜ䲒᳝⹂ߛᣛ⼎ᛣНˈԚгㅫᓔ䮼㑶DŽ�
� 乘䅵 ���� ᑈᮄϮࡵӋؐ䭓 ���ҹϞ �ˈ��� ᑈᇚᰃ ��������� ᑈϝᑈЁᡓֱᡩ䌘Ϯࡵ㓐ড়㸼⦄᳔དⱘϔᑈˈϮࡵ㒧ᵘ
Ўഛ㸵ˈ߽⥛ֱᣕ䕗催∈ᑇˈଃϔϡ⹂ᅮⱘህᰃ㙵⼼ᡩ䌘ᬊⲞ⥛˗Ԛ䱣ⴔϡࡼѻǃ䴲ϞᏖӕϮ㙵ᴗㄝ䗤⏤㒇ֱܹ䰽݀
ৌⱘᡩ䌘㒘ড়ˈ᳝߽Ѣ䰡Ԣᴹᘏԧᡩ䌘ᬊⲞ⥛ⱘ⊶ࡼᗻˈѠ㑻㙵⼼Ꮦഎⱘ⊶ࡼᇍֱ䰽݀ৌϮ㒽Ԅؐⱘᕅડᇚߎ⦄ᔅ࣪DŽ�
� ᡩ䌘ᓎ䆂˖㓈ᣕֱ䰽ϮᔎѢᏖⱘ䆘㑻ˈ佪䗝ЁᑇᅝЁֱˈᑇᅝǃֱᇓ䱤 ���� ᑈ 3�1%9 Ў�����ǃ����
���� סˈ໘Ѣग़Ԅؐऎ䯈ⱘϟッ˄�a��� ס˅ˈ ᰃӋؐᡩ䌘㗙ⱘ佪䗝DŽ�
䞥亢⾥ᡔ˄������˅���� ᑈ⚍䆘˖ᳳᕙ䞥亢㊒ᔽʽüüфܹ˄㓈ᣕ˅�
üüᴼǃ߬⺞�
� ��ᑈϮ㒽ৠ↨䭓��ˁDŽ݀ ৌ ��ᑈᅲ⦄㧹Ϯᬊܹ�����ғܗ ৠˈ↨䭓 ����� ᔦ˗ሲ㙵ϰޔ߽⍺����ғܗ ৠˈ↨䭓 �����˗
↣㙵ᬊⲞ ���� ܗDŽߚ䜡ᮍḜߚЎϸℹ˖˄ �˅ҹ↡݀ৌৃߚ߽⍺Ў⸔˄㑺 �� ғܗ˅ˈ ↣ �� 㙵䗕 � 㙵⌒ � ܗ˗˄ �˅࠽ԭৃ
ߚ߽⍺ ��� ғܗᇚᄤ݀ৌ߽⍺ߚಲ↡݀ৌৢˈ䖯㸠⦄䞥ߚ䜡DŽ�
� 亢ᴎ䫔ଂߚѻક↯߽⥛ৠ↨Ϟछ �ˁDŽ�� ᑈ ���0: 亢ᴎ݅⫳ѻ ���� ৄˈᅠ៤䫔ଂ㑺 ���� ৄˈ㾘⫳ѻᬜⲞ䳊䚼ӊ䞛䌁
Ӌϟ䰡Փ↯߽⥛䖒ࠄ �������˄ˇ�����˅˗ ���N: 亢ᴎ݅⫳ѻ ��� ৄˈᅠ៤䫔ଂ㑺 ��� ৄˈ䆹ᴎ㒘⫳ѻ៤❳ᑺᕜ催ˈ↯߽⥛
催䖒 �����˄ˇ�����˅˗ ៥Ӏ߸ᮁ �� ᑈ亢ᴎ䫔ଂӋḐৠ↨ᇚϟ䰡 ��ˁˈ���0: ᴎ↯߽⥛ಲ㨑㟇 ���DŽ�
� 䅶ऩ佅⒵ˈ乘䅵 �� ᑈ 0: 㑻亢ᴎ䫔䞣䖒ࠄ ���� ৄᎺেDŽ݀ৌ �� ᑈᮄ䅶ऩ ��� ϛ N:ˈ㒧䕀 �� ᑈ䅶ऩ˄Ёᷛㅒ
㑺˅䖒 ��� ϛ N:˗ḍ݀ৌѻ㛑ᠽᓴ䖯ᑺ䅶ऩᚙމˈ៥Ӏ߸ᮁ ���0: 亢ᴎ䫔䞣Ў ���� ৄᎺেDŽ�
� 䞥亢亢ᴎ䋼䞣Ӭߌ⦄ˈ៥Ӏ䅸Ў݀ৌᇚ䴴ӋḐ�䋼䞣ঠ䞡ӬᔎߎߏҞᑈ亢⬉Ꮦഎˈӑ乱Ϟछࠄ ������DŽ݀ৌ ���0:
∌⺕Ⳉ偅亢⬉ᴎ㒘Ꮖᡩ䖤䖥 ���� ৄˈ䖤㸠〇ᅮথ⬉ᬜ⥛催ˈᗻ㛑ᣛᷛሙѻ亢ᴎП佪˄ৃ߽⫼⥛䖥 ���˅˗ ៥Ӏ䅸Ў݀ৌ
ᇚ߁׳䋼䞣Ӭ㾘⫳ѻᏺᴹⱘ៤ᴀӬˈ䖙䗳ᡶऴҞᑈᮄᏖഎˈᏖഎӑ乱ᇚ᳝᠔ᦤ催DŽ�
� ᳳᕙ㊒ᔽⱘ䞥亢DŽ៥Ӏ䅸Ў ���� ᑈᇚᰃ݀ৌކߏϪ⬠亢⬉ࠡѨᔎ᳔Ў݇䬂ⱘϔᑈ˖���0: ᴎ㒘ѻ䞣ᇚ䖒ࠄ ���� ৄҹϞˈ
���0: ᴎ㒘ᔶ៤ᡍ䞣࣪㾘ˈ⍋Ꮦഎᓔᢧᇚ៤Ў䞥亢ᑨᇍݙᮄᏖഎ䗳ᬒ㓧ކߏⱘ⧚ᛇ㪱⍋ˈ㗠␃㙵ϞᏖⱘᎼ乱䌘
ᴀᬃᣕᇚՓ݀ৌৃҹᬒᓔ㛮ᐙࡴᇍ亢എᓔথ䳊䚼ӊ䌘⑤ᭈড়ⱘᡩܹᑺˈ៥ӀᳳᕙҞᑈⱘ䞥亢ࡴ㊒ᔽDŽ�
� 亢䰽㋴˖+㙵থ㸠ᇍϮ㒽ⱘ᨞㭘ᕅડঞ⍋Ꮦഎᓔᢧ亢䰽DŽ�
� Ⲝ߽乘⌟ǃԄؐঞᡩ䌘䆘㑻˖䞥亢⾥ᡔ˄�������� ᑈ (36��������������� ܗˈ�������� ᑈ 3(�������� סˈᔧࠡӋ �����
ܗˈⳂᷛӋ �� ܗ Āˈфܹā䆘㑻˅Ϣᮄ㛑⑤ৠϮϞᏖ݀ৌ↨䕗ˈ݀ৌԄؐ∈ᑇᏆᯢᰒأԢˈ៥Ӏᔎ⚜ᓎ䆂фܹˈ㓈ᣕ �� ܗ
ⳂᷛӋDŽ�
䇋ࡵᖙ䯙䇏ℷ᭛Пৢⱘܡ䋷ᴵℒ䚼ߚ 2010ᑈ 3᳜ 4᮹ 3
᰼Ӯ�
Ꮦഎࡼᗕ:
� 佭␃Ꮦഎ�
਼ϝ␃㙵ਜ䯋ሔˈᏖܼじᐙ䳛㰃ˈᘦᣛᬊ ������ ⚍ˈᖂ ����˗ӕᣛ᭄
ᖂ⍼ ����ˈᬊ ������ ⚍ˈܼ᮹៤Ѹ乱 ��� ғ␃ܗDŽЁ䌘ᵓഫϾ߿থሩˈᡩ䌘કǃ⍜
䌍᳡ࡵǃ㗤⫼કঞ⾥ᡔǃ⍜䌍કᵓഫ⍼ᐙሙࠡˈ⍼ᐙ䖥 ��˗᠓ഄѻǃए㥃ǃ≑䔺ǃ⬉䆃
ঞ㛑⑤ᵓഫᴀᣕᑇDŽܼᬓणӮ䆂ᓔᐩˈԢ⺇㒣⌢ὖᗉ㙵㒋㒋䍄催ˈ݊Ёֱ߽ण䨿�
�������+.��㙵ӋϞ⍼ ����DŽ�
� $ 㙵Ꮦഎ�
਼ϝϸᏖ㾺ᑩಲछˈᇣᐙϞᡀDŽ㟇ᬊⲬˈ≾ᣛ ���� ⚍ˈϞ⍼ ����� ⚍ˈ⍼ᐙ
�����ˈ៤Ѹ ������� ғܗ˗⏅៤ᣛ �������� ⚍ˈϞ⍼ ����� ⚍ˈ⍼ᐙ �����ˈ៤Ѹ
������� ғܗDŽ� �
ফⲞϸӮ߽ད乘ᳳᦤᤃˈᮄ㛑⑤ǃԢ⺇ㄝὖᗉ㙵ᐙ䍄ᔎDŽ㞾Ҿ㙵ӑㄝ⍼ذ˗ݰϮ
㙵जৢ⟚থˈᮄ䌯㙵ӑǃᮄݰᓔথㄝ⍼ذ˗䴶Јᮄϔ䕂䇗ˈഄѻ㙵䍄ᔅDŽ�
� ⍋Ꮦഎ�
㕢ܗ㒻㓁䍄䕃ˈ㕢ॳ⊍ᳳ䋻⍼㟇ϗ਼催⚍DŽ:7, ॳ⊍ᳳ䋻ᬊ㟇 ����� 㕢ܗ�Ṋˈ⍼
���� 㕢ܗˈᏗӺ⡍ॳ⊍ᳳ䋻ᬊ㟇 ����� 㕢ܗ�Ṋˈ⍼ ���� 㕢ܗDŽ�
਼ϝ㕢㙵Ꮦ⍼䎠Ѧ⦄DŽ㟇ᬊⲬˈ䘧⨐ᮃᎹϮᑇഛᣛ᭄ϟ䎠 ���� ⚍ˈᬊѢ
��������� ⚍ˈ䎠ᐙ �����˗㒇ᮃ䖒ܟ㓐ড়ᣛ᭄ϟ䎠 ���� ⚍ˈᬊѢ �������� ⚍ˈ䎠ᐙ
�����˗ᷛޚ᱂ᇨ ��� ᣛ᭄Ϟ⍼ ���� ⚍ˈᬊѢ �������� ⚍ˈ⍼ᐙ �����DŽए⭫ֱع㉏㙵
䍄Ԣˈ㕢ᘏ㒳༹Ꮘ偀�%DUDFN�2EDPD�ℸࠡᬺ֗Ӯሑᖿᅝᥦᇍए⭫ᬍ䴽⊩Ḝⱘᡩ⼼
㸼އˈ䕝⨲݀ৌ䎠 ����ˈ咬ܟ݀ৌ䎠 ����DŽव⡍ᕐࢦ�&DWHUSLOODU�݊Ҫ㒣⌢ᬣᛳ㉏
㙵䍄催ˈℸࠡ݀Ꮧⱘ⾕Ҏ乚ඳህϮ᭄དѢ乘ᳳϨ᳡ࡵϮℷᠽᓴDŽ⌆㙵Ꮦ਼ϝ䖲
㓁 �ϾѸᯧ᮹ϞᡀDŽ�
Ҟ᮹༈ᴵ:
䆕ࠌᏖഎ㽕䯏�
� ៥ �᳜ӑ䴲ࠊ䗴Ϯ 30, ᣕ㓁ಲ㨑DŽ˄ 䆕ࠌᯊ˅�
� 㕢߱㺕ᇍ䚼ߚ៥ѻ䪰⠜㒌⻋䝌䪒Ⲥᕕᬊড㸹䌈DŽ˄ 䆕ࠌᯊ˅�
� ▇߽Ѯ �� ᑈಯᄷᑺ *'3 ⦃↨䭓 ����ˈ߯ϟ㞾 �� ᑈϔᄷᑺҹᴹ᳔ᄷᑺᐙDŽ
˄䆕ࠌᯊ˅�
� ܗऎ �᳜ӑ䳊ଂ乱⦃↨ϟ䰡 ����ˈৠ↨ϟ䰡 ����DŽ˄ ढᇨ㸫᮹˅�
� � ᳜ӑ㕢⾕Ҏ䚼䮼ህϮҎ᭄ޣᇥ �ϛҎˈᐙᑺᇣѢ乘ᳳDŽ˄ ढᇨ㸫᮹˅�
㸠Ϯࡼᗕ�
� 䞥㵡�
�� ᑈ � ᳜Ꮉଚ䫊㸠�������+.�ᮄ䌋ℒ䍙䖛 ��� ғܗҎ⇥Ꮥ ᣝˈᑈ᳝᠔ޣᇥDŽ乘ᳳ
ᭈϾ䞥㵡ԧ㋏ �� ᑈⱘֵ䌋ᘏ䞣ˈᇚ↨ �� ᑈϟ䰡DŽᎹ㸠 �� ᑈᇚ䖯ϔℹ㨑ᅲ㒧ᵘ䇗
ᭈⱘ㽕∖ˈമއࠊѻ㛑䖛࠽ⱘ㸠Ϯㄝ乍Ⳃⱘ䌋ℒᡩᬒDŽ�᭛∛˅�
� ഄѻ�
ԡѢ⏅ഇ啭ቫऎफ▇㸫䘧Ḩ䩧≭⠛ऎⱘϝᅫ䜦ᑫ⫼ഄѢᴀ਼Ѡᤚ㒥ᣖ⠠ߎ䅽 ៤ˈѸ
Ӌ ��� ғܗҎ⇥Ꮥˈ݊⑶Ӌᐙᑺ䖒 �������ˈ៤ЎЁ⑶Ӌഄ⥟ঞ⏅ഇଚϮഄ⥟DŽ˄ ݀
˅�
ݙഄഄѻ݀ৌড়᱃⋄ᆠ�������+.�㸼⼎ˈ�� ᑈ �᳜ᔩᕫ ��� ғܗ˄Ҏ⇥Ꮥˈϟৠ˅
ড়㑺䫔ଂ䞥乱ˈ䕗 �� ᑈৠᳳ䭓 ��� סDŽ㟇 �᳜ˈ�� ᑈᔩᕫ㌃䅵䫔ଂ䞥乱 �� ғܗˈ
㑺ऴܼᑈ䫔ଂⳂᷛⱘ ���DŽ��᭛∛˅�
� Ѹ䗮䖤䕧�
Ё⍋䲚䖤�������+.�㸼⼎⦄ᯊ㸠Ϯⱘ᳔㡄䲒ᯊᳳᏆ䖛এˈ�� ᑈ㟾䖤ᚙމѺ䕗 �� ᑈ
དˈᚳᭈԧᚙމҡ✊㡄䲒ˈ⡍߿ᰃ䲚㺙ㆅ㠍DŽℸˈ݀ৌ䎳⬉�������+.�ㅒ䅶䭓
ᳳ䖤䕧ড়ㄪ⬹ Ўˈᇍᮍ䖤䕧⍋ݙⱘ✸⚁ 㗠ˈ �� ᑈⱘ✊⇨Ϯࡵᮍ䴶Ѻᇚ᳝さ⸈DŽ�᭛
∛˅�
� ⾥ᡔঞ㗤⫼ક�
Ё⿏ࡼ�������+.�䗣䖛᮫ϟᄤ݀ৌᑓϰ⿏ࡼ䅸䌁 $㙵⌺ϰথሩ䫊㸠 ���㙵ᴗˈথሩ
⿏ࡼ⬉ᄤଚࡵ ⍝ˈঞ䞥乱㑺Ў ��� ғܗҎ⇥Ꮥ ៤ˈЎҙѢϞ⍋䰙䲚ಶⱘѠ㙵ϰDŽ
ԚЁ⿏ࡼᔎ䇗ˈ᮴ᛣখϢ⌺থ㸠ⱘ᮹ᐌ㧹䖤ㅵ⧚DŽ�᭛∛˅�
A㙵Ꮦഎ㸠Ϯ⍼䎠ᐙࠡѨԡ
⍼䎠%
㸠Ϯᵓഫ
1᮹ 5᮹ ᴀᑈ
ݰᵫ⠻⏨ 3.24 4.6 9
Ӵ᪁᭛࣪ 2.65 2.6 17
⬉䆒 2.43 3.8 5
ᆊ⬉ 1.72 2.1 1
㓐ড়㉏ 1.57 4.6 10
A㙵Ꮦഎ㸠Ϯ⍼䎠ᐙѨԡ
⍼䎠%
㸠Ϯᵓഫ
1᮹ 5᮹ ᴀᑈ
᠓ഄѻ -0.19 1.1 -6
ᡍথ䳊ଂ 0.20 1.0 3
䫊㸠 0.28 2.1 -9
⊍࣪Ꮉ 0.47 1.0 -9
⼒Ӯ᳡ࡵ 0.49 1.3 11
A㙵Ꮦഎὖ㾜
㉏߿
ᘏᏖؐ
ғܗ
⌕䗮
Ꮦؐ
ғܗ
ᏖⲜ⥛
PE
Ꮦޔ⥛
PB
≾⏅˝ 283097 82597 32 3.8
Ёᷛ 300 199449 50330 25 3.5
Ёᷛ 50 137923 24117 22 3.1
A㙵Ꮦഎܼ㸠Ϯὖ㾜
䩶䪕 8069 2703 35 2.0
ᴎẄ 5770 2462 34 5.1
ᆊ⬉ 3168 1752 67 4.9
䴲䫊䞥㵡 16750 4652 94 5.2
≑䔺Ϯ 6423 2548 87 5.0
㒎㒛Ϯ 2940 1477 60 4.6
᳝㡆䞥ሲ 9067 3496 83 5.7
⬉䆒 3417 1706 56 9.0
⸔࣪Ꮉ 7690 3621 98 4.9
ݰᵫ⠻⏨ 2762 1382 87 5.7
䴲䞥ᓎᴤ 3646 1688 64 4.5
ᓎㄥϮ 4722 1666 56 3.2
Ӵ᪁᭛࣪ 1878 1028 90 5.9
⬉ᄤ 2861 1532 195 4.7
᠓ഄѻ 9854 4922 42 4.2
✸⚁ 13329 2730 21 4.1
亳ક佂᭭ 8303 3598 77 8.4
䗴㒌ॄࠋ 1138 581 54 2.8
䫊㸠 58670 10061 16 2.8
⬉݀⫼ 7693 2443 -180 3.3
ए㥃ि⫳ 8334 4407 67 7.0
⊍࣪Ꮉ 35166 1442 24 3.0
∈䰚Ѹ䗮 8966 2825 22 3.1
㟾ぎᴎഎ 3977 731 -23 5.1
䗮ֵ 5190 2254 22 3.9
⼒Ӯ᳡ࡵ 974 429 80 5.6
ᡍথ䳊ଂ 3395 2033 57 6.2
䅵ㅫᴎ 3189 1587 65 6.7
⊼˖PEǃPB ⱘ䅵ㅫ䞛⫼ 08 ᑈᑈ᭄DŽᏖ
ؐЎ᳔䖥ϔϾѸᯧ᮹ⱘ᭄DŽ
䌘᭭ᴹ⑤˖Ё᭄ֵ䞣࣪ᡩ䌘ߚᵤ㋏㒳
䇋ࡵᖙ䯙䇏ℷ᭛Пৢⱘܡ䋷ᴵℒ䚼ߚ 2010ᑈ 3᳜ 4᮹ 4
᰼Ӯ�
ϞᏖ݀ৌֵᙃᖿ:
Ϯ㒽ᖿ�
� �������乎䨿ݰϮ�
乎䨿ݰϮ乘䅵 ���� ᑈ � ᳜ �᮹������ ᑈ � ᳜ �� ᮹ޔ߽⍺㑺 �������� ϛܗ
���������� ϛܗˈৠ↨䭓 ����������DŽ�
�
㵡䌘ࡼᗕ�
� �������乎䨿ݰϮ�
���� ᑈ � ᳜ � ᮹乎䨿ݰϮᬊࠄ࣫ҀᏖҎ⇥ᬓᑰ᳝䌘ѻⲥⴷㅵ⧚ྨਬӮlj݇Ѣ࣫Ҁ
乎䨿ݰϮ㙵ӑ᳝䰤݀ৌ䴲݀ᓔথ㸠㙵⼼᳝݇䯂乬ⱘᡍNJˈ ৠᛣ݀ৌ䴲݀ᓔথ㸠ϡ䍙䖛
������ ϛ $ 㙵㙵ӑⱘᮍḜDŽ䆹ᡍ㞾 ���� ᑈ � ᳜ �᮹䍋 �� Ͼ᳜ݙ᳝ᬜDŽ�
�
䞡㽕џ乍�
� �������咘⊇ᮟ亢�
⊇फ咘⊇ᮟ亢㙵ӑ᳝䰤݀ৌѢ䖥᮹ࠄ⊇फⳕ⾥ᄺᡔᴃख़ǃ⊇फⳕ䋶ᬓख़ǃ⊇फⳕ
ᆊࡵሔǃ⊇फⳕഄᮍࡵሔlj݇Ѣ䅸ᅮ⊇फⳕ ���� ᑈᑺѠᡍ催ᮄᡔᴃӕϮⱘ䗮
ⶹNJˈ ݀ৌ㹿䅸ᅮЎ催ᮄᡔᴃӕϮDŽ�
� �������ЁҎᇓ�
ЁҎᇓֱ䰽㙵ӑ᳝䰤݀ৌ ����ᑈ �᳜ �᮹㟇 ��᮹ᳳ䯈П㒣ᅵ䅵㌃䅵ॳֱ䰽ֱ
䌍ᬊܹ㑺ЎҎ⇥Ꮥ ��� ғܗDŽϞ䗄᭄ᇮᣝ✻䋶ᬓ䚼乕থⱘljֱ䰽ড়ৠⳌ݇Ӯ䅵໘⧚
㾘ᅮNJЁֱ᳝݇䰽⏋ড়ড়ৠߚᢚঞ䞡ֱ䰽亢䰽⌟䆩ⱘ㽕∖䖯㸠䇗ᭈ໘⧚DŽ�
� �������ЁЁފ�
Ёފ䞥⾥Ꮉ㙵ӑ᳝䰤݀ৌ䖥᮹ᬊࠄ㙵㙵ϰЁފ䞥⾥Ꮉ䲚ಶ᳝䰤݀ৌ�ϟ⿄˖
Ёފ䲚ಶ�䕀থⱘlj䋶ᬓ䚼݇Ѣϟ䖒Ёފ䲚ಶ ���� ᑈЁ༂᳝䌘ᴀ㒣㧹乘ㅫϧ乍�ᢼℒ�
ⱘ䗮ⶹNJDŽ݀ ৌᬊࠄ䋶ᬓ䚼ᢼҬ ���� ᑈЁ༂᳝䌘ᴀ㒣㧹乘ㅫϧ乍ড়䅵 ����� ϛܗҎ⇥
ᏕDŽ݊ЁˈҎ⇥Ꮥ ���� ϛܗǃ����� ϛܗǃ�� ϛܗߚ߿⫼Ѣ䞡ᡔᴃ߯ᮄ乍Ⳃᬃߎǃ
๗ᡩ䌘ᬃߎǃ⼒Ӯֱ䱰ᬃߎDŽᣝ✻䋶ᬓ䚼䗮ⶹⱘ㽕∖ˈϞ䗄㸹ࡽ䌘䞥Ё ����� ϛܗҎ
⇥Ꮥ䳔Ўᆊ䌘ᴀ䞥ˈ݀ৌᇚҹ䌘ᴀ݀⿃�Ёފ䲚ಶ⣀ѿ�䖯㸠䋺ࡵ໘⧚DŽ�
� �������࣫ᮍ߯Ϯ�
䗮䖛ᡩᷛᮍᓣ ࣙˈ༈࣫ᮍ߯Ϯ㙵ӑ᳝䰤݀ৌѢ ���� ᑈ � ᳜ �� ᮹ϢЁ䪕䏃ᓎ䆒ᡩ
䌘݀ৌㅒ䅶њ ���� ᑈ䪕䘧䚼䪕䏃☿䔺ᷛ䞛䌁ড়ৠˈড়ৠᘏӋ �������� ϛܗDŽᴀড়ৠ
⍝ঞ䔺ൟЎ�&�� ൟ䗮⫼ᬲ䔺 Ёˈ᭄ᷛ䞣 ���� ৄ>ߎॖᯊ乏䪕䘧䚼䖤䕧ሔ䇗ᑺ䚼㺙
䚼⬇䇋ᭈ߫ߎॖ�ᣝ �� 䕚�߫㓪㒘�@˗ড়ৠሹ㸠ᳳ䰤Ў ���� ᑈ � ᳜ࠄ �᳜DŽ�
� �������⼕䖲ቅ�
䖥᮹ ⫬ˈ㙗⼕䖲ቅ∈⊹䲚ಶ㙵ӑ᳝䰤݀ৌᡩ䌘ᮄᓎⱘ䰛फ⫬䈋ϸᴵᑈѻ ��� ϛৼ
�᮹ѻ ���� ৼ�ᮄൟᑆ⊩∈⊹⫳ѻ㒓Ꮉϔᗻ⚍☿ᡩѻ៤ࡳˈ乘䅵 �᳜ϟᯀ佪ᡍ∈⊹
ৃᡩᬒᏖഎDŽϞ䗄ϸᴵ⫳ѻ㒓ᓎ៤ᡩѻৢˈ↣ᑈᮄѻ㛑 ��� ϛৼˈ݀ৌᘏѻ㛑㾘Ꮖ
䍙䖛 ���� ϛৼDŽ�
� �������ᅰढഄѻ�
ᅰढӕϮ˄䲚ಶ˅᳝䰤݀ৌҹ݊ᣕ᳝ⱘᧁϰওᅰढ᠓ഄѻᓔথ᳝䰤݀ৌ ����㙵ᴗǃ
ṙᎲᏖᅰढ᠓ഄѻᓔথ᳝䰤݀ৌ ����㙵ᴗǃ╁Ꮦᅰढ᠓ഄѻᓔথ᳝䰤݀ৌ ����㙵ᴗ
ҹঞ∩༈Ꮦᅰϰ᠓ഄѻᓔথ᳝䰤݀ৌ ����㙵ᴗ䅸䌁ᅰढഄѻথ㸠ⱘ ����������� 㙵㙵
ӑˈᇐ㟈ᅰढ䲚ಶᣕ᳝ᅰढഄѻⱘ㙵ӑ⬅ ������Ϟछ㟇 ������DŽ�
�
㙵ᬍঞ䰤ଂ⌕䗮�
� �������㣖࣪ᅲढ�
�ǃᴀ䰤ଂ㙵ӑᅲ䰙ৃϞᏖ⌕䗮᭄䞣Ў ���������� 㙵 ऴˈᘏ㙵ᴀ↨՟Ў ����� �˗�ǃ
ᴀ䰤ଂ㙵ӑৃϞᏖ⌕䗮᮹ᳳЎ ���� ᑈ � ᳜ �᮹DŽ�
�
Ёֵ㽚Ⲫ݀ৌⲜ߽乘⌟ὖ㾜
㸠Ϯ 08ᑈ PE 09ᑈ PE 10ᑈ PE
䩶䪕 29.1 46.6 13.6
ᴎẄ 29.5 24.2 19.6
ᆊ⬉ 42.1 27.9 21.3
䴲䫊䞥㵡 90.7 30.2 25.6
≑䔺Ϯ 67.0 22.8 16.0
㒎㒛Ϯ 33.6 24.6 26.2
᳝㡆䞥ሲ 81.7 78.3 29.0
⬉䆒 55.3 34.0 24.7
⸔࣪Ꮉ 32.0 28.2 19.9
ݰᵫ⠻⏨ 65.9 49.3 32.0
䴲䞥ᓎᴤ 36.9 21.4 16.2
ᓎㄥϮ 42.7 20.9 15.2
Ӵ᪁᭛࣪ 81.9 53.8 42.6
⬉ᄤ 96.6 43.3 31.3
᠓ഄѻ 31.3 21.9 15.2
✸⚁ 20.8 20.5 16.0
亳ક佂᭭ 62.1 34.5 25.3
䗴㒌ॄࠋ 36.0 30.0 21.5
䫊㸠 15.7 13.7 11.1
⬉݀⫼ -1419.6 27.0 36.2
ए㥃ि⫳ 52.8 36.9 28.9
⊍࣪Ꮉ 23.8 21.6 17.2
∈䰚Ѹ䗮 20.2 56.7 23.3
㟾ぎᴎഎ -14.0 46.2 31.1
䗮ֵ 14.1 37.9 31.1
⼒Ӯ᳡ࡵ 48.5 35.4 27.2
ᡍথ䳊ଂ 53.4 42.9 28.1
䅵ㅫᴎ 53.5 44.0 33.4
⊼˖1ˊ08ᑈ PEⱘ䅵ㅫ䞛⫼ 08ᑈᑈ᭄DŽ
2ˊ09ǃ10ᑈ PEⱘ䅵ㅫ䞛⫼Ёֵ䆕ࠌⷨお䚼
ߚᵤᏜᦤկⱘⲜ߽乘⌟᭄DŽ
3ˊᏖؐЎ᳔䖥ϔϾѸᯧ᮹ⱘ᭄DŽ㗗㰥
ᴹথ䜡㙵ㄝবࡼDŽ
䌘᭭ᴹ⑤˖Ё᭄ֵ䞣࣪ᡩ䌘ߚᵤ㋏㒳
䇋ࡵᖙ䯙䇏ℷ᭛Пৢⱘܡ䋷ᴵℒ䚼ߚ 2010ᑈ 3᳜ 4᮹ 5
᰼Ӯ�
䖥ᳳ㤤㙵⼼ⱘ㙵Ӌछؐ┰˖
㙵⼼ৡ⿄ 㙵⼼ҷⷕ 䆘㑻 㸠Ϯ ⷨおਬ
2008ᑈ
EPS
2009ᑈ
EPS
2010ᑈ
EPS
ᔧࠡ
ᏖⲜ⥛
㤤᮹
ࠡᬊⲬ
᯼ᬊⲬ ⳂᷛӋ
㙵Ӌ
छؐ┰%
䆌㒻⬉⇨ SZ000400 фܹ ⬉䆒 ߬⺞ 0.101 0.340 0.900 79.35 24.00 27.31 50.00 83.08
ᑇ催⬉⇨ SH600312 фܹ ⬉䆒 ߬⺞ 0.304 0.280 0.500 55.33 16.67 16.81 30.00 78.47
Ёᑇᅝ SH601318 фܹ 䴲䫊㸠䞥㵡 咘ढ⇥ 0.090 1.440 1.780 515.04 45.02 46.42 78.02 68.07
⌢फ䩶䪕 SH600022 фܹ 䩶䪕 ਼Ꮰ 0.250 -0.080 0.400 21.47 5.27 5.37 9.00 67.60
ϰᮍುᵫ SZ002310 фܹ ᓎㄥᎹ ┬ᓎᑇ 1.182 1.680 4.060 90.48 155.25 151.28 240.00 58.65
⍋⊍Ꮉ SH600583 фܹ ⊍࣪Ꮉ ↋ᄱϰ 0.368 0.530 0.650 29.27 10.55 10.78 16.25 50.74
ғජ㙵ӑ SZ000616 фܹ ᠓ഄѻ 䰜㘾 0.300 0.470 0.670 24.43 7.06 7.33 10.63 45.02
⡍ব⬉Ꮉ SH600089 фܹ ⬉䆒 ߬⺞ 0.536 0.850 1.150 26.94 22.33 22.91 32.00 39.68
Ё⍋⊍᳡ SH601808 фܹ ⊍࣪Ꮉ ↋ᄱϰ 0.690 0.730 0.870 23.07 15.31 15.92 21.75 36.62
㕢ⲜỂ SZ002303 фܹ 䗴㒌ॄࠋ 䆌偣 0.570 0.740 1.050 55.74 30.60 31.79 43.00 35.26
ᮍ⡍䩶 SH600507 фܹ 䩶䪕 ਼Ꮰ 0.015 0.050 0.700 754.07 11.17 11.22 15.00 33.69
Ё݈䗮䆃 SZ000063 фܹ 䗮ֵ ᓴ݉ 0.869 1.390 1.950 53.09 43.95 46.12 60.00 30.10
ᙺ䖒ᡩ䌘 SH600805 фܹ ݀䏃␃ষ㟾䖤 ᴢ⊶ 0.115 0.600 0.930 105.24 11.65 12.13 15.20 25.31
ढ⍺ϝб SZ000999 фܹ ए㥃⫳⠽ 䌎㦞乪 0.511 0.720 0.860 48.55 24.96 24.80 30.10 21.37
Ḑ⬉఼ SZ000651 фܹ ᆊ⬉ 㚵䲙Б 1.119 1.500 1.800 23.91 25.98 26.76 32.40 21.08
ढ݄⫳⠽ SZ002007 фܹ ए㥃⫳⠽ ྮᵄ 0.520 1.500 1.630 128.10 65.00 66.61 80.40 20.70
䌘᭭ᴹ⑤˖Ё᭄ֵ䞣࣪ᡩ䌘ߚᵤ㋏㒳
⊼˖1ˊᴀ㸼ݙᆍЎЁֵ䆕ࠌⷨお䚼᳔䖥 20᮹ݙথ㸼ⱘⷨおਞঞ݊Ҫⷨお៤ᵰЁࣙⱘ㤤㙵⼼߫㸼DŽ�
�ˊᴀ㸼Ё≵᳝߫ߎⱘ㙵⼼া䇈ᯢ៥Ӏ䖥ᳳ≵᳝䩜ᇍ䆹㙵⼼ⱘⷨおਞথ㸼ˈᑊϡҷ㸼៥Ӏϡݡ㤤䆹㙵⼼DŽ�
བᵰ䳔㽕ᶹ䆶៥Ӏ䖛এ㤤ⱘ㙵⼼ˈ䇋ᶹ䯙ϟ义㤤㙵⼼㸼⦄㸼DŽ
䇋ࡵᖙ䯙䇏ℷ᭛Пৢⱘܡ䋷ᴵℒ䚼ߚ 2010ᑈ 3᳜ 4᮹ 6
᰼Ӯ�
Ёֵ䆕ࠌ㤤㙵⼼㸼⦄˖
㙵⼼ৡ⿄ 㙵⼼ҷⷕ 䆘㑻 ⷨおਬ 佪㤤᮹
佪㤤
᮹ӋḐ
ⳂᷛӋ ᔧࠡӋ
㞾佪
㤤᮹⍼ᐙ
㞾佪㤤᮹
ᤶ⥛%
䖥ϔ᳜
⍼ᐙ%
䖥ϝ᳜
⍼ᐙ%
䖥ϔᑈ
⍼ᐙ%
ϝ⡍㋶䘧 SZ002159 фܹ 䍉䲾㢍 20090303 5.45 20 15.97 193.03 1427.89 -0.50 21.26 119.37
䰇ᮄ㛑 SH600348 фܹ 㔫⋑∔ 20090305 13.56 58 37.19 177.14 1026.96 5.74 -23.71 7.27
┲ᅝ⦃㛑 SH601699 фܹ 㔫⋑∔ 20090305 15.94 64.5 40.82 162.96 879.32 6.52 -26.52 16.96
*STӞ߽ SH600887 фܹ 䆌ᔾ 20090327 12.20 33 30.98 153.93 349.07 1.61 9.86 87.53
ᅝ⧾䝉↡ SH600298 фܹ ↯䭓䴦 20090327 13.45 36 33.33 149.64 509.33 2.02 4.19 59.17
㽓ቅ✸⬉ SZ000983 фܹ 㔫⋑∔ 20090305 13.65 48.68 32.99 145.70 831.59 9.97 -21.28 19.75
┡᷈ࡼ SZ000338 фܹ ᴢ⊶ 20090312 27.46 92 67.20 145.45 336.75 11.06 10.78 69.35
ৠ✸Ϯ SH601001 фܹ 㔫⋑∔ 20090305 14.86 46.13 35.81 142.83 1192.26 4.46 -25.32 18.54
䖰ܝ䕃ӊ SZ002063 фܹ ᓴᮄዄ 20090326 19.30 30 25.18 134.84 1568.81 6.74 6.51 105.05
⼲☿㙵ӑ SZ000933 фܹ 㔫⋑∔ 20090305 18.90 40.2 28.68 129.16 865.18 4.40 -22.07 33.15
݄㢅⾥߯ SH600123 фܹ 㔫⋑∔ 20090305 17.99 67.62 40.05 126.31 783.32 8.27 -9.65 22.51
ϰֵᑇ SZ002017 фܹ ᓴ݉ 20090617 11.47 14.5 20.98 123.51 1434.75 22.69 27.54 184.21
℠ᇨໄᄺ SZ002241 фܹ ṕ偣 20090617 14.08 24 31.20 121.59 817.30 6.70 16.33 82.46
ϔ≑䕓䔺 SZ000800 фܹ ᴢ⊶ 20090312 10.77 28 23.13 119.70 482.24 13.38 -5.20 47.70
ϰढ䕃ӊ SZ002065 фܹ ᓴᮄዄ 20090330 18.00 25 26.25 119.68 498.99 5.21 22.95 70.45
ᒋ㕢㥃Ϯ SH600518 фܹ ྮᵄ 20090303 10.54 14.5 11.49 118.86 1044.00 7.58 5.22 36.14
䴦ቯ䕃 SZ002073 фܹ ᓴᮄዄ 20090309 16.36 24.5 23.47 115.19 562.20 1.60 4.68 58.58
⛑☿䗮ֵ SH600498 фܹ ᓴ݉ 20090327 14.50 28 30.88 114.99 701.72 8.77 29.04 56.83
ϔ≑ᆠ㓈 SH600742 фܹ 䆌㣅म 20090320 13.31 41 27.94 111.96 928.91 8.72 19.71 93.89
ᘦ᯳⾥ᡔ SZ002132 фܹ ਼Ꮰ 20090305 7.06 17.5 14.75 111.25 996.69 12.94 10.99 48.84
⍋ֵ⬉఼ SH600060 фܹ 㚵䲙Б 20090721 12.82 18.26 27.05 111.00 546.56 1.35 14.42 144.35
㥃㙵ӑ SH600511 фܹ 䌎㦞乪 20090303 26.62 32 27.93 110.87 688.72 2.23 14.51 43.67
ढϰए㥃 SZ000963 фܹ ྮᵄ 20090303 10.76 22 22.48 108.92 503.70 7.46 19.32 73.59
䴦ቯ⍋ᇨ SH600690 фܹ 㚵䲙Б 20090513 10.65 22.2 22.00 108.80 416.81 8.21 -9.20 54.39
ᑇ✸㙵ӑ SH601666 фܹ 㔫⋑∔ 20090305 16.79 38.41 25.94 107.28 823.05 4.26 -26.29 4.68
䴦ᵒᓎ࣪ SH600425 фܹ ┬ᓎᑇ 20090331 10.80 18.72 21.98 106.78 1022.37 -0.63 9.95 113.40
ᘦᅱ㙵ӑ SZ002104 фܹ ᓴ݉ 20090617 10.05 13 20.71 106.07 1045.75 15.12 12.25 155.68
ᓔⒺ㙵ӑ SH600997 фܹ 㔫⋑∔ 20090407 21.58 26.88 21.87 103.74 1111.05 11.07 -21.36 12.38
∳䪗≑䔺 SZ000550 фܹ 䆌㣅म 20090312 10.68 25 20.83 98.34 520.62 6.82 -9.63 27.40
ᑓ⬉㔥㒰 SH600831 фܹ Ⲃ㟰 20090330 9.09 10 13.69 96.81 1123.41 9.96 52.96 98.41
〫ᘦ䖤˝ SZ000531 фܹ ᴼ⊏ቅ 20090424 8.69 21 16.78 93.10 678.47 11.87 -8.71 6.40
ᡓᖋ䴆䴆 SZ000848 фܹ 䆌ᔾ 20090331 15.62 27 29.15 91.25 720.30 12.03 20.95 102.43
⚳ৄϛढ SH600309 фܹ ߬ᯁᯢ 20090305 13.41 30 24.82 90.18 574.37 14.22 1.31 67.03
ᮄ݈䫌ㅵ SZ000778 фܹ ਼Ꮰ 20090305 6.46 20 12.23 89.32 734.42 3.38 -5.85 25.05
ϰ䰓䰓㛊 SZ000423 фܹ ྮᵄ 20090303 15.59 21 29.00 87.65 639.03 -2.03 23.93 67.07
Ӵ࣪㙵ӑ SZ002010 фܹ ߬ᯁᯢ 20090625 8.36 15.2 15.63 86.96 865.93 15.44 6.69 53.39
ܿϔ䩶䪕 SH600581 фܹ ᴢᅣ҂ 20090306 8.02 10.6 14.66 83.73 1096.84 9.57 5.01 59.52
Ѩ㊂⎆ SZ000858 фܹ 䆌ᔾ 20090327 15.53 43.75 28.41 83.47 676.87 -4.50 -4.44 30.32
䴆✸Ϯ SZ002128 фܹ 㔫⋑∔ 20090407 17.75 27.12 24.52 80.79 993.04 7.64 -15.68 18.45
䰇㒌Ϯ SZ002078 фܹ 䆌偣 20090402 11.29 25.43 20.09 80.71 853.92 4.42 5.40 36.20
ᯊҷᮄᴤ SH600458 фܹ 㭯ᇣ⊶ 20090914 13.56 30 24.25 78.83 352.17 2.62 21.43 94.47
ϝ⦃㙵ӑ SZ000883 фܹ ᴼ⊏ቅ 20090922 5.96 7.4 10.60 77.85 551.08 9.73 23.83 115.01
ⱏ⍋⾡Ϯ SZ002041 фܹ ↯䭓䴦 20090814 22.87 48 40.60 77.53 696.54 6.79 12.53 62.34
ᅛ䗮ᅶ䔺 SH600066 фܹ ᴢ⊶ 20090312 11.07 17 18.60 75.58 500.43 6.65 -8.51 46.11
㤷ⲯথሩ SZ002146 фܹ 䰜㘾 20090504 10.54 25 18.32 75.06 578.80 10.63 -13.63 24.71
䆌㒻⬉⇨ SZ000400 фܹ ߬⺞ 20090319 15.75 50 27.31 73.40 803.17 18.74 5.53 40.48
䌘᭭ᴹ⑤˖Ё᭄ֵ䞣࣪ᡩ䌘ߚᵤ㋏㒳
⊼˖1ˊᴀ㸼ݙᆍЎЁֵ䆕ࠌⷨお䚼᳔䖥ϔᑈЁথ㸼ⱘⷨおਞঞ݊Ҫⷨお៤ᵰЁࣙⱘ㤤㙵⼼߫㸼DŽ
2ˊ佪㤤᮹ЎЁֵ䆕ࠌⷨお䚼᳔䖥ϔᑈЁϔ㤤фܹ䆹㙵⼼ⱘᯊ䯈DŽ�
䇋ࡵᖙ䯙䇏ℷ᭛Пৢⱘܡ䋷ᴵℒ䚼ߚ 2010ᑈ 3᳜ 4᮹ 7
᰼Ӯ�
㤤㙵⼼㸼⦄(㓁)˖
㙵⼼ৡ⿄ 㙵⼼ҷⷕ 䆘㑻 ⷨおਬ 佪㤤᮹
佪㤤
᮹ӋḐ
ⳂᷛӋ ᔧࠡӋ
㞾佪
㤤᮹⍼ᐙ
㞾佪㤤᮹
ᤶ⥛%
䖥ϔ᳜
⍼ᐙ%
䖥ϝ᳜
⍼ᐙ%
䖥ϔᑈ
⍼ᐙ%
ढ⍺ϝб SZ000999 фܹ 䌎㦞乪 20090303 14.54 30.1 24.80 72.76 567.16 10.71 10.96 67.46
ড়݈ࣙ㺙 SZ002228 фܹ 䆌偣 20090320 17.21 11.08 15.45 72.33 1648.01 9.96 -2.95 99.31
䴦ቯସ䜦 SH600600 фܹ 䆌ᔾ 20090327 20.51 42 34.94 71.86 360.39 0.87 -3.69 81.78
⋌Ꮂ㗕な SZ000568 фܹ 䆌ᔾ 20090327 19.68 50 33.09 71.86 588.17 -6.76 -14.34 80.10
Ё݈䗮䆃 SZ000063 фܹ ᓴ݉ 20090320 35.45 60 46.12 70.55 283.35 9.55 17.17 103.85
ঠ㡃㙵ӑ SH600481 фܹ ↋ᄱϰ 20090811 12.93 17.2 22.05 70.53 570.20 4.50 11.87 321.46
⾥䆃亲 SZ002230 фܹ ᓴᮄዄ 20090617 21.29 -- 36.07 69.42 699.28 0.75 3.29 115.87
࣫㒀䗮ֵ SZ002148 фܹ ᓴ݉ 20090617 21.38 -- 36.09 68.80 658.10 13.67 11.80 136.60
ϝ䩶䯑ܝ SZ002110 фܹ ਼Ꮰ 20090305 8.43 9 14.06 67.07 929.23 10.88 -10.22 76.05
ゟ⾥ᡔ SZ002214 фܹ ṕ偣 20090915 19.80 26 33.06 66.97 370.24 2.73 29.75 117.30
ᢧ㓈ֵᙃ SZ002261 фܹ ᓴ݉ 20090617 26.70 37 44.30 65.92 1069.52 17.85 21.67 120.65
⾥ढ⫳⠽ SZ002022 фܹ ྮᵄ 20090303 19.90 28 25.10 65.47 911.67 6.45 12.00 64.81
ढ⋄㙵ӑ SH600308 фܹ 䆌偣 20090402 10.03 11.15 16.52 65.44 1012.34 9.84 14.48 93.39
Ё㟾 SH601111 фܹ 偀ᰧゟ 20090630 7.12 12.73 11.64 63.48 520.50 11.49 28.19 166.36
ᘦ⑤✸⬉ SH600971 фܹ 㔫⋑∔ 20090423 18.07 37.23 29.45 62.98 1313.69 2.58 -21.07 143.53
⏅ᒋՇ˝ SZ000016 фܹ 㚵䲙Б 20090331 4.82 5.2 7.71 61.51 821.31 7.23 -6.43 64.24
ቅ㙵ӑ SZ000877 фܹ ┬ᓎᑇ 20090325 15.16 22.2 24.05 60.81 917.20 7.70 8.92 62.42
Ё䴦ᮙ SH600138 фܹ ྰ࿙ 20090903 11.20 13.44 18.00 60.71 508.85 4.77 12.50 97.96
ϗऍ⣐ SZ002029 фܹ ᴢ䨿 20090813 16.43 27 26.36 60.44 164.66 10.43 13.57 137.89
عᒋܗ SH600380 фܹ ྮᵄ 20090925 7.97 15 12.78 60.35 475.32 3.90 18.33 160.86
ᓴ㺩˝ SZ000869 фܹ 䆌ᔾ 20090327 44.75 90 70.00 60.20 280.88 -3.13 -1.41 53.11
䌷㉸催䗳 SH600269 фܹ 䇶Ңݯ 20090617 10.80 15 8.57 58.70 856.37 9.59 -5.72 108.86
◂㗤㙵ӑ SZ002225 фܹ ┬ᓎᑇ 20090810 8.14 11.05 12.72 56.27 581.85 6.00 15.95 162.63
Ḑ⬉఼ SZ000651 фܹ 㚵䲙Б 20090402 26.08 32.4 26.76 55.46 245.50 9.72 -2.12 88.57
䲙ៜᇨ SH600177 фܹ ᴢ䨿 20090327 10.04 18.5 15.12 54.12 446.34 4.06 4.28 78.89
㛝⾥ᡔ SZ002093 фܹ ᓴ݉ 20090327 13.99 18 21.44 53.25 958.11 10.92 23.08 67.11
Ё⠻㙵ӑ SH600195 фܹ ↯䭓䴦 20090317 16.60 28 25.19 52.59 1145.23 3.07 13.26 49.44
ϝϔ䞡Ꮉ SH600031 фܹ 䛁Ѯޠ 20090311 21.64 60 32.80 52.49 408.16 10.47 -9.96 50.27
ढඳ≑䔺 SH600741 фܹ ᴢ⊶ 20090311 6.17 12 9.40 52.35 542.96 6.46 -10.05 69.98
咘ቅᮙ␌ SH600054 фܹ ྰ࿙ 20090303 14.10 24.05 21.20 51.29 1028.93 0.05 22.61 47.52
㢣ᅕ⬉఼ SZ002024 фܹ ྰ࿙ 20090330 18.59 26.4 18.70 51.12 360.85 3.95 -2.50 78.94
म⨲Ӵ᪁ SH600880 фܹ Ⲃ㟰 20090831 20.33 25 30.55 50.27 202.58 6.41 16.92 127.83
ଚ䫊㸠 SH600036 фܹ ᴅ⨄ 20090313 14.33 24 16.49 50.25 247.18 7.85 -4.35 53.24
ᅱ䩶㙵ӑ SH600019 фܹ ਼Ꮰ 20090305 5.60 8 8.18 50.17 625.90 9.21 -10.21 57.18
佪ᓔ㙵ӑ SH600376 фܹ 䰜㘾 20090323 12.12 -- 18.17 49.92 740.18 7.39 -25.84 74.71
⊩ᢝ⬉ᄤ SH600563 фܹ ṕ偣 20090803 12.23 18 18.33 49.88 832.13 12.73 14.06 111.37
म∛㒌Ϯ SH600966 фܹ 䆌偣 20090305 6.68 14.79 9.89 49.67 953.77 8.21 -8.26 59.21
Ё㟾ϝ䨿 SZ002163 фܹ ┬ᓎᑇ 20090407 10.94 15.46 16.18 49.03 1560.98 4.25 5.48 139.06
⫳Ⲟ⾥ᡔ SH600183 фܹ ṕ偣 20090728 7.86 12.5 11.65 48.22 625.84 -4.59 15.46 118.67
䩶ϡ䫜 SZ000825 фܹ ਼Ꮰ 20090305 5.43 10 7.95 48.21 652.95 7.14 -22.44 58.11
ऻ啭⬉⇨ SH600580 фܹ ᴼ 20090729 14.80 31 16.79 48.18 611.89 16.41 16.90 125.89
Ё䞡≑ SZ000951 фܹ ᴢ⊶ 20090312 19.20 30 28.12 47.40 638.55 5.91 -2.12 51.75
䰙ᅲϮ SZ000159 фܹ 㔫⋑∔ 20090305 11.87 26.5 17.38 46.72 1402.61 18.23 -9.57 57.46
剕䰇㙵ӑ SZ002088 фܹ ┬ᓎᑇ 20090617 17.39 25.22 25.31 45.54 524.14 5.90 -0.51 110.74
࣫Ҁ䫊㸠 SH601169 фܹ ᴅ⨄ 20090325 11.59 24 16.59 44.64 190.03 8.79 -6.85 66.14
Ϟ⍋ᴎഎ SH600009 фܹ 偀ᰧゟ 20090305 13.25 18.6 18.97 43.58 576.45 7.11 23.10 49.45
䌉Ꮂ㣙ৄ SH600519 фܹ 䆌ᔾ 20090325 118.69 248 165.66 40.67 192.12 -1.91 -4.74 45.29
䌘᭭ᴹ⑤˖Ё᭄ֵ䞣࣪ᡩ䌘ߚᵤ㋏㒳
⊼˖1ˊᴀ㸼ݙᆍЎЁֵ䆕ࠌⷨお䚼᳔䖥ϔᑈЁথ㸼ⱘⷨおਞঞ݊Ҫⷨお៤ᵰЁࣙⱘ㤤㙵⼼߫㸼DŽ
2ˊ佪㤤᮹ЎЁֵ䆕ࠌⷨお䚼᳔䖥ϔᑈЁϔ㤤фܹ䆹㙵⼼ⱘᯊ䯈DŽ�
�
ܡ䋷ໄᯢ�
ℸਞᑊ䴲䩜ᇍᛣ䗕থ㒭Ўӏԩህ䗕থǃথᏗǃৃ ᕫࠄՓ⫼ℸਞ㗠ՓЁֵ䆕ࠌ㙵ӑ᳝䰤݀ৌঞ݊䰘ሲᴎᵘ˄ ҹ
ϟ㒳⿄ĀЁֵ䆕ࠌā˅ 䖱ডᔧഄⱘ⊩ᕟ⊩㾘ৃ㟈ՓЁֵ䆕ࠌফࠊѢⳌ݇⊩ᕟ⊩㾘ⱘӏԩഄऎǃᆊ݊ᅗㅵ䕪ऎඳⱘ
݀⇥ሙ⇥DŽ䰸䴲᳝㾘ᅮˈᴀਞЁⱘ᠔᳝ᴤ᭭⠜ᴗഛሲЁֵ䆕ࠌDŽ㒣Ёֵ䆕ࠌџܜк䴶ᥜᴗˈϡᕫҹӏԩᮍᓣׂᬍǃ
থ䗕㗙ࠊᴀਞঞ݊᠔ࣙⱘᴤ᭭ǃݙᆍDŽ᠔᳝ѢℸਞЁՓ⫼ⱘଚᷛǃ᳡ࡵᷛ䆚ঞᷛ䆄ഛЎЁֵ䆕ࠌⱘଚᷛǃ᳡ࡵᷛ
䆚ঞᷛ䆄DŽ
ᴀਞᰃᴎᆚⱘˈা᳝ᬊӊҎᠡ㛑Փ⫼DŽᴀਞ᠔䕑ⱘֵᙃǃᴤ᭭ߚᵤᎹাᦤկ㒭䯕ϟখ㗗П⫼ˈϡᰃϡᑨ㹿
㾚Ўߎଂǃ䌁ф䅸䌁䆕ࠌ݊ᅗ䞥㵡Ꮉⱘ㽕㑺㽕㑺䙔䇋DŽЁֵ䆕ࠌгϡᬊӊҎᬊࠄᴀਞ㗠㾚݊ЎЁֵ䆕ࠌⱘᅶ᠋DŽ
ᴀਞ᠔䕑䌘᭭ⱘᴹ⑤ঞ㾖⚍ⱘߎ໘ⱚ㹿Ёֵ䆕ࠌ䅸Ўৃ䴴ˈԚЁֵ䆕ࠌϡֱ䆕݊ޚ⹂ᗻᅠᭈᗻDŽ䰸⊩ᕟ㾘߭㾘ᅮ
ᖙ乏ᡓᢙⱘ䋷ӏˈЁֵ䆕ࠌϡᇍՓ⫼ℸਞⱘᴤ᭭㗠ᓩ㟈ⱘᤳ༅䋳ӏԩ䋷ӏDŽᬊӊҎϡᑨऩ㒃ձ䴴ℸਞ㗠পҷϾҎⱘ
⣀ゟ߸ᮁDŽᴀਞ᠔ᣛⱘ䆕ࠌ䞥㵡ᎹⱘӋḐǃӋؐঞᬊܹৃ䎠ৃछDŽҹᕔⱘ㸼⦄ϡᑨЎ᮹ৢ㸼⦄ⱘᰒ⼎ঞᢙֱDŽᴀ
ਞ᠔䕑ⱘ䌘᭭ǃᛣ㾕ঞ⌟ডЁֵ䆕ࠌѢ᳔߱থᏗℸਞ᮹ᳳᔧ᮹ⱘ߸ᮁˈৃϡথߎ䗮ⶹⱘᚙᔶϟخߎᬍˈѺৃՓ
⫼ϡৠ؛䆒ᷛޚǃ䞛⫼ϡৠ㾖⚍ߚᵤᮍ⊩㗠ϢЁֵ䆕ࠌ݊ᅗϮࡵ䚼䮼ऩԡ᠔㒭ߎⱘᛣ㾕ϡৠ㗙ⳌডDŽᴀਞϡᵘ៤
⾕Ҏ䆶ᓎ䆂ˈг≵᳝㗗㰥ࠄϾ߿ᅶ᠋⡍⅞ⱘᡩ䌘Ⳃᷛǃ䋶ࡵ⢊މ䳔㽕DŽᬊӊҎᑨ㗗㰥ᴀਞЁⱘӏԩᛣ㾕ᓎ䆂ᰃ৺ヺ
ড়݊⡍ᅮ⢊މDŽ
⊩ᕟ䆌ৃⱘᚙމϟˈЁֵ䆕ࠌⱘϔԡԡ㨷џǃ催㑻㘠ਬ/ਬᎹ(ࣙᣀখϢޚথ㸠ℸਞⱘҎ)ৃ㛑(1)Ϣℸ
ਞ᠔ᦤࠄⱘӏԩ݀ৌᓎゟֱᣕ乒䯂ǃᡩ䌘䫊㸠䆕ࠌ᳡ࡵ݇㋏ (ˈ2)Ꮖ㒣ℸਞ᠔ᦤࠄⱘ݀ৌᦤկњ䞣ⱘᓎ䆂ᡩ䌘᳡
ࡵDŽ⊩ᕟ䆌ৃⱘᚙމϟˈЁֵ䆕ࠌⱘϔԡԡ㨷џǃ催㑻㘠ਬ/ਬᎹৃ㛑ᢙӏℸਞ᠔ᦤࠄⱘ݀ৌⱘ㨷џDŽ⊩ᕟ䆌
ৃⱘᚙމϟˈЁֵ䆕ࠌৃ㛑খϢᡩ䌘ℸਞ᠔ᦤࠄⱘ݀ৌⱘ䞥㵡Ѹᯧˈ᳝݇݀ৌᦤկ㦋প᳡ࡵˈঞ/ᣕ᳝݊䆕ࠌᳳ
ᴗ䖯㸠䆕ࠌᳳᴗѸᯧDŽ
㢹Ёֵ䆕ࠌҹⱘ䞥㵡ᴎᵘথ䗕ᴀਞˈ߭⬅䆹䞥㵡ᴎᵘ⣀㞾Ўℸথ䗕㸠Ў䋳䋷DŽ䆹ᴎᵘᅶ᠋ᑨ㘨㋏䆹ᴎᵘҹѸᯧᴀ
ਞЁᦤঞⱘ䆕ࠌ㽕∖㦋ᙝ䆺㒚ֵᙃDŽᴀਞϡᵘ៤Ёֵ䆕ࠌথ䗕ᴀਞ䞥㵡ᴎᵘПᅶ᠋ᦤկⱘᡩ䌘ᓎ䆂ˈЁֵ䆕ࠌⱘ
㨷џǃ催㑻㘠ਬਬᎹѺϡЎࠡ䗄䞥㵡ᴎᵘПᅶ᠋Փ⫼ᴀਞਞ䕑ᯢⱘݙᆍᓩ䍋ⱘⳈ䖲ᏺᤳ༅ᡓᢙӏԩ䋷ӏDŽ
Ёֵ䆕ࠌ㙵ӑ᳝䰤݀ৌঞ݊䰘ሲঞ㘨㧹݀ৌ 2009⠜ᴗ᠔᳝DŽֱ⬭ϔߛᴗ߽DŽ
䆘㑻䇈ᯢ�
� 䆘㑻
本文档为【晨会20100304】,请使用软件OFFICE或WPS软件打开。作品中的文字与图均可以修改和编辑,
图片更改请在作品中右键图片并更换,文字修改请直接点击文字进行修改,也可以新增和删除文档中的内容。
该文档来自用户分享,如有侵权行为请发邮件ishare@vip.sina.com联系网站客服,我们会及时删除。
[版权声明] 本站所有资料为用户分享产生,若发现您的权利被侵害,请联系客服邮件isharekefu@iask.cn,我们尽快处理。
本作品所展示的图片、画像、字体、音乐的版权可能需版权方额外授权,请谨慎使用。
网站提供的党政主题相关内容(国旗、国徽、党徽..)目的在于配合国家政策宣传,仅限个人学习分享使用,禁止用于任何广告和商用目的。