M & A 并购

We deem the right M & A is not only for the increment of the asset. In a long run, it should bring compound growth based on the ROE.  We only do the projects which can bring stable return to the shareholders.

我们认为正确收购的目的不是只为了资产的增加，长远来看必须是股本回报率的复合增长。我们只做可以给股东带来稳健回报的并购项目。