China Construction Bank (CCB) is bracing to get itself listed on the stock market by the end of 2005, said Guo Shuqing, head of the CCB board of directors.
Guo said in Beijing Thursday that go listing is of positive and profound significance for his bank. Employing the fund-raising function of the capital market, supervision and restraint function, introducing competition and supervision mechanism, and alluring managerial experience and talents from overseas will be crucial for modernizing commercial banks like CCB or is the only option for the bank to transform.
The bank, currently contacting with potential strategic foreign investors, is expected to carry out relevant probes, he noted.
Guo went on to say that his bank pledged to go in for in-depth reform, including further improving company structure, establishing employees' incentive system and promoting company's management level.
The bank reaped 17.29 billion yuan (US$2 billion) worth of pre-tax profits in the first quarter of 2005, 8.64 billion yuan (US$1 billion) more than in the same period last year.
譯文:
中國建設(shè)銀行(CCB)正在為2005年底上市做準(zhǔn)備,中國建設(shè)銀行董事長郭樹清說。
星期四,郭樹清在北京說,上市對該行有著積極、深遠(yuǎn)的影響。在資本市場上發(fā)揮籌措資金、監(jiān)督及約束功能,引入競爭和監(jiān)督機(jī)制,吸收海外的管理經(jīng)驗和人才等,對于象建設(shè)銀行這類商業(yè)銀行的現(xiàn)代化是至關(guān)重要的,或者說,對該行改革是的選擇。
他指出,該行目前與潛在的戰(zhàn)略投資者進(jìn)行接觸,作一些相關(guān)的探索。
郭繼續(xù)說,該行保證繼續(xù)深化改革,包括進(jìn)一步改善公司治理結(jié)構(gòu),建立員工激勵機(jī)制,提高公司管理水平。
該行在2005年第一季度創(chuàng)造了172.9億元(20億美元)稅前利潤,比去年同期多86.4億元(10億美元)。
Notes:
1.brace v.i.:to get ready; make preparations.
準(zhǔn)備好;做準(zhǔn)備
2.employ:to devote (time, for example) to an activity or purpose:
投入:投入(例如,時間)到一個活動或目的中:
employed much time and energy to the hobby.
在這項業(yè)余愛好上花了大量時間和精力
3.restraint n. the act of restraining or the condition of being restrained.
抑制,遏制
4.al.lure v.t.to attract with something desirable; entice:
誘惑;引誘:
Promises of quick profits allure the unwary investor.
能很快收得到利潤的承諾吸引了心存僥幸的投資者
5.probe n. an investigation into unfamiliar matters or questionable activities; a penetrating inquiry:
調(diào)查,查究
例:a congressional probe into price fixing.
議會對價格穩(wěn)定的調(diào)查
6.expect v.tr. to look forward to the probable occurrence or appearance of:
期待:期望某事的發(fā)生或出現(xiàn)
Guo said in Beijing Thursday that go listing is of positive and profound significance for his bank. Employing the fund-raising function of the capital market, supervision and restraint function, introducing competition and supervision mechanism, and alluring managerial experience and talents from overseas will be crucial for modernizing commercial banks like CCB or is the only option for the bank to transform.
The bank, currently contacting with potential strategic foreign investors, is expected to carry out relevant probes, he noted.
Guo went on to say that his bank pledged to go in for in-depth reform, including further improving company structure, establishing employees' incentive system and promoting company's management level.
The bank reaped 17.29 billion yuan (US$2 billion) worth of pre-tax profits in the first quarter of 2005, 8.64 billion yuan (US$1 billion) more than in the same period last year.
譯文:
中國建設(shè)銀行(CCB)正在為2005年底上市做準(zhǔn)備,中國建設(shè)銀行董事長郭樹清說。
星期四,郭樹清在北京說,上市對該行有著積極、深遠(yuǎn)的影響。在資本市場上發(fā)揮籌措資金、監(jiān)督及約束功能,引入競爭和監(jiān)督機(jī)制,吸收海外的管理經(jīng)驗和人才等,對于象建設(shè)銀行這類商業(yè)銀行的現(xiàn)代化是至關(guān)重要的,或者說,對該行改革是的選擇。
他指出,該行目前與潛在的戰(zhàn)略投資者進(jìn)行接觸,作一些相關(guān)的探索。
郭繼續(xù)說,該行保證繼續(xù)深化改革,包括進(jìn)一步改善公司治理結(jié)構(gòu),建立員工激勵機(jī)制,提高公司管理水平。
該行在2005年第一季度創(chuàng)造了172.9億元(20億美元)稅前利潤,比去年同期多86.4億元(10億美元)。
Notes:
1.brace v.i.:to get ready; make preparations.
準(zhǔn)備好;做準(zhǔn)備
2.employ:to devote (time, for example) to an activity or purpose:
投入:投入(例如,時間)到一個活動或目的中:
employed much time and energy to the hobby.
在這項業(yè)余愛好上花了大量時間和精力
3.restraint n. the act of restraining or the condition of being restrained.
抑制,遏制
4.al.lure v.t.to attract with something desirable; entice:
誘惑;引誘:
Promises of quick profits allure the unwary investor.
能很快收得到利潤的承諾吸引了心存僥幸的投資者
5.probe n. an investigation into unfamiliar matters or questionable activities; a penetrating inquiry:
調(diào)查,查究
例:a congressional probe into price fixing.
議會對價格穩(wěn)定的調(diào)查
6.expect v.tr. to look forward to the probable occurrence or appearance of:
期待:期望某事的發(fā)生或出現(xiàn)