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һҪһʲѹϴԤʲҵģߴ10

һԵǣδʱҵܵʲѹdzԣرĿǰ߲Źƶ̶߲ȥŴͶ󶼾ԵķδһӦdz¡ڴ˲ʲԼȥܸ˿ܻΪڼܻΪƵı仯

120203µףҵеĹעͲģֱΪ4.05ں2.61ڣߺϼΪ6.66ڣζĿǰҵеģﵽ6.66ڣũڻѽڹ˾룬ģԤ10ԪӦ⣬ֵԴơ

2ʵϽϵʲӦҵ򣬽3µҵķʲģʲģߴ6431.03ԪûнҵĹעʲϳӦ⡣

3ʵϻӦĿǰȫAMCطAMCͶѾõIJʲǣЩᷢгռӦdzɹۡ

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ڹڲʲõϢΪ

Ϊʲѹ󣬼ܲҲƶҵؿʲͼӴȡʵϽڹڲʲõϢҲΪ߷ڿɣĿǰڲʲҵĴ˳С

ڲʲõߵ

߲ڲʲòķǷdzԵġ

һ֮ǰ߶ԲʲõҪ

˽߲֮ǰӦ֮ǰ߲ҪЩơͳƣ߲ԲʲõҪ2012118ղϷġҵʲתù취ƽ20126ţԼϵļУƣ

1ԵطAMCȷʸƣȷطAMCֻܲ뱾ʡУΧڲʲתùҪ乺IJʲӦȡծķʽдãöתáתþָҵһģIJʲ10/ϣУתøʲ˾Ϊ

϶ԣȫAMCĴ÷ʽΪḻ׷תáծ顢ʲϡʲûծȨתȨ׷ͶʡṩͶѯԼܲϿɵֶΡ

2ȷҪ󹺷ѧÿ͸֧ѴԸΪĸýתá

3ҵпͶתôծȨӦȡȹʽ

4ڽڻתòծȨģͳһҵծǼƹ

5ծȨӦȿԻʽܳϿծҵծʲȡӦȡȷʽдñ֡

6ڷϴ˺ĴҵӦšӦ˾ˡ桱 ԭչѺĴˡӦϢԼӦϢȼգ׷սӪҵ롣

߲ڲõԼ𲽷1÷ΧԼطAMCչIJʲת

20161014ᷢġʵطʲ˾йߵĺ˲Լ

1ϸߡѹϴ󡢲ʲٽϿ졢ʲתϸߵĵططAMC԰Ͻڲʲ

2طAMCչIJʲڿԶתãҶתõ岻ܵơ

ʵϳطAMC⣬ڿչתԵ㹤֪ͨ壩ȷAICծתΪĿԵ㷶ΧڵĶԹͬʱʿعɵAMCҲ𲽽йгó׵һ׶Эбȷʷſʲ򣬶6³緢չӹ˾´ʲύʡطAMC룬һпܳΪڵһҾعɵĵطAMC

2ʲ֤ȯԵ㷶Χ21ңԤݹԽ

20191129գеȼܲټеȽڻᣬʲ֤ȯԵ㷶ΧĴȫAMCʴССУй(601997,ɰ)ൺ(002948,ɰ)ݸСũСũкũС֮ǰʲ֤ȯѾԵ㣬еһԵΪ20162µĹũнкУڶԵΪ20174µҵġաַС

ˣ6ҹдС1УУ6ҹɷС4ҳС1УйԼ3ũе21о߱˲ʲ֤ȯԵʸ

йɷл(601998,ɰ)ƽ(000001,ɰ)͹(601818,ɰ)δԵ㷶ΧннССൺ붫ݸԵ㣬ũΪ졢ݺҡԤƺʲ֤ȯԵ㷶Χʱһݡ

ҲҪʶʲ֤ȯijΪƣƽ϶ҷޣĿǰʲ֤ȯгģֹ2020622գʲ֤ȯģΪ138.10ԪۼƷйģҲΪ391.94ԪҪµ˴תûơ

3طAMCø˲طAMC

2020615ᷢġڿչתԵ㹤֪ͨ壩͡вתԵʵʩ壩ļڲ÷ƣ

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2طAMCòƻ𲽷ſ

4ʲ羳תûȷʴòˮ

ڲʲͳɱʽƶ羳ŴʲתãóʲʲծȨȵȣѾΪȷߵӦ˵ʲ羳תûĿǰȷ۰ĴȹҪھƶ

20191023չԺƳ12ٴУչвծȨóʵȿ羳תԵ㣬Ĺ򾭼սжԴҲ漰ر2020616ձطڼල϶ಿŷġʹܻչָϡ̽ԷĽ׳Ϊƽ̨ڱչвʲ羳תҵԵ㡱ΪȷźţԤĽ׳ܿDZʵոճǼ꣬ծȨתõѳΪȵ㣬20041217շġڽʲ˾ʴòʲй֪ͨ200721շġڹ淶ڽڻתòծȨ֪ͨȵȡ

ֲʲתԵҪܷ1ԵΪȫСչAMCAIC

1βתԵҪ6ҹдк12ҹɷУϼ18ȫСԵ㷶ΧԤƻһؿطС

2Ե벻ʲչĻ4ȫAMC5ȫAICͷĵطAMCʡطڼֳܾͬļ

2طAMCչĸ˴ٴζת

طAMCչĸ˴ֻܲȡաίרҵŶաֶдãٴζתá

3ijΪתԵĺϹ潻׳

ڿչתԵ㹤֪ͨ壩ȷӦƶתԵҵ򣬳еʲеǼǡչʾת÷طAMCҪԼ룩Ϣ¶гȹζѾΪϹ潻׳һϢ

1ҵӦ֤۳ۡ˴תõĻռֵСաĻعֵ

2ҵͨĽʲչʾҲòͶųDZͶˡ

3طAMCýõĶԹٴתøԭծ˼طҲñղ

4ծȨתùвתú֮ͬǩЭûعôٳתΪΥծ˽͡תʲӷծΪ

ģĴʡֽ֧ڻӿ첻ʲɴʩ

2020616գĴʡطڼܾ֡гɶСĴ֡ĴʡԺĴʡĴʡĴʡ˰ֵ߲ίϷֽ֧ڻӿ첻ʲɴʩ˼ӿ첻ʲõʮʩصϢ£

1ȷزʲͲʲʱں䡣

2ֵ֧طAMCڻҵծջ⴦úʲ̻

3ȡʲ羳תԵ㣬ʲ벻ʲá

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5̽ʲĿĹ˾SPVԹŻ𡢷ּʽѭʹã߲ʲ

6ٽڻֽͨա顢תáʲ֤ȯȶַʽӴʲ⴦ȡ

7ڼָܲѹʲƶȲʲմüƻһһߡƶⷽʵвʲԴ컯ܴʩҹԲʸߡ⹤ʵʩмӴȡ

8Թʵ˾µIJƶⷽһһһ

9صλҪле޷ݵĽ˰񡣼дʧ˰ǰ۳걨򡣶ԽծȨǼǣʱְͣƶǰʲȫʩ

ʵĴʡٵʲѹȡĴʩӦԣͬҲӦ⣬ԤƻȡĴʩ

ڲʲִ÷ʽ

ڲʲĴ÷ʽϣϵԽϵԸ࣬ϵʲĴ÷ʽӦֽΪѡ񣬲ԲͨʽɡʵϲʲĴ÷ʽֽܶ࣬ա顢ծȨתáʵծծתɡȡȻķԽʲĴ÷ʽΪࡢࡢࡢծתԼծࡣ

һ

1ܲҲձԼСһֲʲ÷ʽνָҵеⲿţʲȫʲȣίȫ򲿷ջزʲḶ́աա飨ʲĵҵƲծ֤ת˴ȵȡ

2ͬʱծȨתõʲ÷ʽҲҪͨɣ˴βʲתԵԴ˱ȷתãϾתֻһмΪҪɡ

νԲծȨתõ۲ȫ޷ջصĴʧô׼𡢻׼𡢲ǰʱʲĹ̡ΪֹȺաһʲָĵġҵ˺취 2015޶棩ȷҵӦšӦ˾ˡ桢ȨߡԭչĴ˺ӦϢӦգӪҵ롣

1ν࣬°ʲ֤ȯͲʲת֣ҵͨǡԼϹ涨ijԱȣֱӻͨABSȨתøͶߣAMCAICṫͶߵȣḶ́һʽʽϸߵ⡣

ڵߴһ÷ʽڽ׳ʲתøAMCAICṫͶߵȣп羳ʲתҲڴ෽ʽ֮һ

2ҲΪгܼܹעߵһʲ÷ʽͬʱҲ漰ǷʶܷۡྻתԼǷת⡣磬ȫAMC͵طAMCΪͨתģʽתĵʹĿһΪ˵ʲָꡢΪӮʱ䡣

ڿܴ⣬ļжȷ涨תú֮ͬǩЭعԱٳתáӷծ

ģծת

νծתɣͨתΪȨʲɲõḶ́ͬҲ߹һ÷򡣲20161010յġгծȨתȨָ͡ڻ׽ҵܸʵļĹ涨ҵӦͨծתʵʩΪĴAMCطAMCAICʱͶӪ˾ʹܻȣծȨȨת

ʵϿԽʵʩΪSPVĴʡġֽ֧ڻӿ첻ʲɴʩҲȷ̽ʲĿĹ˾SPVԹŻ𡢷ּʽѭʹã߲ʲ

壩ծ

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ġйڲʲõһרŵʲòţʲȫʲ

1Ƕ2019걨רŵʲòţҸòչɺϹ沿ڲʲ÷зֹкչɺϹ沿רʲòžеŲʲõ񣩡ƽʲҵջصIJʲռƽ2019ȫʲܶ71.30%

2רʲòŵҪڽͨУʲȫ(600036,ɰ)ʲȫУʲίԱᣩУʲӪƽУʲҵ(600015,ɰ)ʲȫУʲȫϺУʲȫȡ

ʵвʲ÷ʽҪԺֽածȨתΪ

϶ԣɷеIJʲ÷ʽΪḻֽածתɡ黯⡢ʧʲ֤ȯתáծתɡ˵ȣʵҪԺֽածȨתõΪСкͻΪû¶һϸݣ

12019вʲùģﵽ456.63Ԫкֽաʲ֤ȯԼֱռ55.69%22.78%13.85%7.67%

22019вʲùģﵽ448.05ԪкծȨתáծתɺʲ֤ȯֱռ50.83%25.79%12.49%10.88%

32019껪вʲùģﵽ469.27ԪкծȨתáֽԼֱռ76.26%11.67%10.44%Լ1.64%

Կ֮ͬIJ컹DZȽϴ绪еĺñӽ80%еծȨתñ25%ϵȣĴñ50%ϡ

г/0.80%/50%

ǿȲг¶ʹģϸݣ2017-2019ڼ䣬ģֱΪ0.76ڡ1.02ں1.05ڡ

1ǵ2017-2019ҵдֱΪ97.79ڡ110.50ں129.63ڣζźռıֱΪ0.78%0.92%0.81%ϿΪ0.80%ҡ

2ͬʱǵ2017-2019ڼ䣬ҵеľģֱΪ1.75ڡ1.83ں1.99ڣҲռ꾻ıֱΪ43.43%55.74%52.76%ϿΪ50%ҡ

Ĵ뾻רָҵУũũڻıһ߹Ҫע⡣

ģ

Ƿ3220182019ݣᷢڿھϸ֮һ죬¶˺ݣһЩ򽫺תһ¶ķʵһЩƫռϻԸ߹ϣܹע⡣

12019дкģ١кģ

3220182019ĺģֱΪ7507.70Ԫ7091.95Ԫͬ5.86%йдеĺģ½8.59%ɷеĺùģȴֱͬȴ20.07%34.35%ɷеIJʲ2019ӦԼӴ

Կĺģݣ7000Ԫ¶ݣڣڲСƫеԭ¶ΪʲöǺݣˣζͨɵIJʲñӦΪ60-70%ҡ

2/ı0.70%/ı40%

132У/ıƽΪ0.72%йдСɷзֱΪ0.50%1.30%0.71%

232У/ıƽΪ44.45%йдСɷеıƽΪ30.14%84.61%39.96%

ǰĺһǰתڣʵʱҪһۿۣ//ıֱӦ0.70%40%

׷΢Źںţβ۵߸˹۵㣬ѶͶ߾ݴ˲Ե

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