Motorola will split into two independent companies

March 27, according to foreign media reports, Motorola announced this week three, the Board has decided to split the company into two separate listed companies. One of the focus on mobile devices, while another focused on broadband and mobile solutions.

According to current plans, the two independent companies will be tax-free allocation of shares to Motorola stockholders, but also on further financial, tax and legal analysis.

In response, Greg Brown, Motorola's CEO and president, said: "The decision was the company's management, board of directors and an independent consultant to conduct a thorough and extensive assessment made."

Brown also said: "Creating two industry-leading companies will provide greater flexibility, capital structure more simple, more centralized management, as well as more targeted investment opportunities."

In fact, as early as last year, investors Kaeryiken radicalism once said: "Motorola should be split into four companies: a mobile devices company, an enterprise mobility company, a home networking company, a mobile network infrastructure equipment the company. "1 at the end of this year, Motorola has confirmed that the company is considering splitting its handset business unit.

As Motorola's investor Kaeryiken long been dissatisfied with the performance of Motorola. This week, Mr. Icahn to the Motorola in Delaware Chancery Court proceedings, asked for the company and the mobile phone business executives of some of the information, to investigate whether they dereliction of duty.

Divided into two by the impact of news, Motorola shares rose 8%. Week 2, Motorola shares closed 9.76 U.S. dollars per share, compared with a year ago, down about 50%.







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Internal control: harm than good, or at every step

In the Shanghai National Accounting Institute in the years of internal control of the Dr. Song Deliang supervision of an enterprise is divided into three levels, the industry regulator, the main body of the SFC and other relevant departments; Second, corporate governance, mainly for listed companies, As the shareholders are very dispersed, and only the establishment of general meeting of shareholders, board of directors for the company shareholders delegate decision-making, the Board commissioned the management company to manage, delegate one level down, and finally formed a management command and Board of Directors, shareholders of the reverse command situation, it is prone to problems. Third, the management company within the institutional arrangements, such as separate accounting and cashier, marketing departments and audit departments separately and so on, this is what we call internal control. Song Deliang that many people regard the internal controls and corporate governance confused, in fact, most of the problems listed there are aspects of corporate governance issues, rather than internal control.

Small property rights, many of which are family-owned business in the internal control has some advantages, Song Deliang that its internal controls to achieve three goals, one in the course of business to ensure compliance with laws and regulations, and second, to to ensure the reliability of financial reporting. Third, to ensure the effectiveness and efficiency of business operations can be achieved. Is to ensure that no problems result, the past, many enterprises have been stressed this point, timid, it ignores the efficiency, in fact the two are not contradictory, to be no problem, ensure the effectiveness of the same time, both high-efficiency, which SMEs is a higher goal.

But that SME Song Deliang highest goal of internal control is to ensure the strategic management of science update, but for many SMEs, are still unable to achieve this goal. Song Deliang was on a well-known beverage company did research, the company is from a family business gradually bigger and stronger. In the beginning and got a lot of business management, also has a very strong team, we are all striving to fight for the enterprise. But the company strong, the whole enterprise is mired in inertia, but seek only to enterprises employing situation --- the lack of update mechanism, people outside the family into the management have been excluded; purchasing mechanism for the lack of investigation, the blind trust for many years cooperation of suppliers and so on followed. The company now recognizes these problems, are trying transformation strategy.

"Profit-oriented SMEs biggest problem facing the internal control." Songde Liang said too much emphasis on small and medium business expansion at the expense of control of the business, in these enterprises, the most authoritative departments are often the marketing department, and This should be monitoring and control of the department's financial and internal audit department had to serve. Song Deliang that this practice is tantamount to quenching thirst with poison, "a management science and business, the three departments should be checks and balances." Although the short term, expansion of light weight indeed can provide a gain control, but over time, will affect the company's image, not conducive to long-term development.

He suggested that the internal control for the first SMEs to achieve three objectives, from corporate control environment, risk assessment, control activities, information and communication, and supervision of the five elements of an assessment of the business. Then based on the assessment results, targeted to strengthen internal control, so we can deal with, play good results.







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C # event mechanism of induction (B)

Connected to one: C # event mechanism for induction (I)

3. C # in the pre-defined event handling

Learning event, I think the most difficult to understand is that C # in the predefined event, so I began to study events at a loss. In search of more information, finally got a number of, as follows:

EventArgs that contains event data of the type of the base class for the transfer of the incident.

EventHandler is a delegate declared as follows (in. Net class library in the following statement)

public delegate void EventHandler (object sender, EventArgs e)

Therefore, all of the form:

Lou void letter name (object parameter name, EventArgs parameter name); the function can be used as the Click event to respond to Control class methods. Defined as an event the following response method:

private void button1_Click (object sender, System.EventArgs e)

Parameter object sender object that triggered the event, (in fact there is a reference to the object passed, if the sender button1's click event is button1) System.EventArgs e on behalf of the corresponding event information, such as the mouse's x, y values and so on.

Now we look to see which events Button class declaration to Click Event.

public event EventHandler Click;

Here defines a type of event EventHandler Click

private void button1_Click (object sender, System.EventArgs e)
(
...
)

This is what we and the corresponding method button1_click events. Note that the parameters meet the commission in the method signature (parameters both list). Then how do we put this method and events linked to it, see the following code.
this.button1.Click + = new System.EventHandler (this.button1_Click); (actually button1.Click System.EventHandler delegate to an instance of the event. and appoint the commission assigned to a particular instance of the method is very similar)
The this.button1_Click method bound to this.button1.Click event.

4. The use of the parameters of the incident.

using System;

class Class1

(
static void Main ()
(
Student s1 = new Student ();

s1.Name = "Student1";

Student s2 = new Student ();

s2.Name = "Student2";

s1.RegisterOK + = new Student.DelegateRegisterOkEvent (Student_RegisterOK);

s2.RegisterOK + = new Student.DelegateRegisterOkEvent (Student_RegisterOK);

/ / When the Register method of an execution, the event triggered RegisterOK

/ / RegisterOK event of a trigger, then perform Student_RegisterOK method

s1.Register ();

s2.Register ();

Console.ReadLine ();
)
static void Student_RegisterOK (RegisterOkArgs e)
(
Console.WriteLine (e.EventInfo);
)
)
class Student

(

public delegate void DelegateRegisterOkEvent (RegisterOkArgs e);

public event DelegateRegisterOkEvent RegisterOK;

public string Name;

public void Register ()

(
Console.WriteLine ("Register Method");
RegisterOK (new RegisterOkArgs ("Student Name:" + Name));
)
)

class RegisterOkArgs: EventArgs

(
public string EventInfo;

public RegisterOkArgs (string eventInfo): base ()
(
this.EventInfo = eventInfo;
)
)






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I am a third category

Across from the city to go in, I do not know how many people's dream to become a neon blink of an eye? However, I believe, is not easy to stop as long as the vision of reality will eventually surrender ... ...

One time chatting with a friend, accidentally mention that they have resigned. A friend on the phone over there immediately fixing authorities merely to ask, are you mad? You have done in the unit and hard about the treatment is also very good, where to find such a good job?

I do not have to explain to him more, do not expect to be supported ... ... Anyway, this is their thing.

Graduated from university, I found a job, to live a leisurely life. However, the novelty is over, I can not find a job in the fun and passion, can not find worthy of nostalgia for development. It only makes me feel tired. Is life too short sometimes only two days, one day is born, the day of death, which obscure the long trip, just to prove the existence of time. I was young, life should be like the surging of the magma!

Remember that time at the dinner table, I tell my colleagues that have nothing to do with their land in the unit cost of life, such as to sweep the street does not sweep too clean, people looked comfortable, she also did some practical things; staff immediately scoffed, Xie Nizhao eyes looking at me: "Then you go to sweep the street, ah, that would be so glorious, and thus earn less than we!" I quickly put that glass, Oh said, a bite to drink! Colleagues in this unit for three years, unwittingly used to and dependent on the state of this life, all day to look forward to the day of paychecks.

In my eyes, and her job is simply divided into such human categories: the first group is the canary, value treatment, as long as there is delicious good living, the loss of what he can endure; the second category are Collie, value outsiders (my colleagues and leaders, especially the latter) the degree of attention to him, as long as attention, he would remain faithful; The third category is the wild, not farmed for quiet, he likes the thrill of the wind-Benz, like the way in distance vision, like some kind of Road unknown sense of accomplishment. Of course, does not rule out the fourth category of people, can the first three features are combined, but that very few people. I considered the third category of people, right?

Is really drunk, why with the canary of wild horses live? Hot wine importers, but their hearts are sad and dreary. I fear that I stay, will be drained away Mustang's long mane, running hard hooves, become weak and numb.

Then just another thing happened: colleagues outside the department, suddenly quit well-paid work, went to a very poor rural Guangxi, with one of his German friends, stay there when the primary obligation of teachers. I heard there is very backward, very remote, and even cell phone signals are not, the Internet to 15 kilometers away! Unit was talking about, we think that's incredible. I understand why he did not understand, because we have been accustomed to content with life, the ideal has gradually faded. I have also become increasingly clear that they need to fear. Treatment unit does well, the leadership also has high regard, but not what I want the most. Dissipated when the passion, I can only resolutely choose to vote with their feet - than to leave.

After the resignation of a long period of time (in fact, not long, and today the whole month), I did not find suitable work, every day loitering. Living with my friend and asked: to regret, right? I did not regret it, you let me go back now, I do not want, hate cautiously, and apathy of the day.

The worst situation in life is often not poverty, nor is it bad luck, but the spirit and mind in a state of asleep. When everything moved over you can not move you, when attracted you can not appeal to you all, and even anger all over your anger you can not, then you need to start again to find another place to inspire your passion place.

U.S. "Happiness" magazine, in "for the answer column" in the subject, published through this one: If you re-select, what do you do? A military dignitaries want to go to the countryside to open a grocery store; a woman minister is going to run a small seaside hotel; a mayor's desire is diverted when the photographer. Several businessmen answer the most bizarre: a woman want to be enchanting, one would like to become a dog. During the general population are also answers to the President wants to do, want to diplomats, wants baker, and everything ... ... more than good, regardless of the abilities of the ideal, ideals, that is, happy people.

Across from the city to go in, I do not know how many people's dream to become a neon blink of an eye? However, they do not stop looking forward, I believe that reality will eventually surrender to the dream ... ...






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Alibaba "winter plowing" auspicious days

"Many years later, you can talk on the younger generation, Alibaba (1688.HK) shares have had three yuan a dark history." November 1, Alibaba Chairman Jack Ma in the internal full conference suggested this round of financial crisis has reached a turning point, have to watch the spring time, all the staff to "winter plowing" to greet the spring.

November 6 last year, Alibaba listing in Hong Kong, the opening price of 30 Hong Kong dollars, 122.2% higher than the offering price listed on the first day to close at 39.5 Hong Kong dollars. However, after about a year's time, Alibaba shares stumble endlessly, not only the breakdown of its IPO was priced at 1.35 Hong Kong dollars, or even 3.46 Hong Kong dollars after hitting a low.

At this moment, the internal staff have been sent Alibaba Ma asked: "Why do not repurchase stock?"

November 11, Alibaba in the Hong Kong Stock Exchange announced a 20 billion stock repurchase program. Obviously, for often say at the right time to do the right things Ma, the time has come to the best time to buy back shares Alibaba.

Day, Alibaba announced its third-quarter earnings. Filing shows Alibaba net profit 308.6 million yuan, up 48.9% over last year, operating income of 780.2 million yuan, up 36.8% over the same period the previous quarter growth of 6.1%.

Net income for the first time, decreased

U.S. financial crisis is the first domino falling, the extent to which China's manufacturing industry will be affected? In Alibaba B2B business can be regarded as a barometer in a sense.

Alibaba released from the third quarter earnings view, although the cold this winter, but Alibaba is still warm in winter. Period, its net profit to 308.6 million yuan, up 48.9% over last year, down 22.2% the previous quarter. This is the Alibaba listed, the first time, decreased net income.

Net income fell, in addition to the financial crisis affected by but also with Alibaba's investment expansion, exchange rate losses and other factors. Period, investment in Alibaba Alibaba Japan reached 8.5 million yuan. Filing shows its third-quarter loss, including interest income and aggregate net financial income and expenditure of 1940 million, representing an increase of 63.2% over the same period last year, down 83.1% the previous quarter, of which, aggregate loss of 41.3 million yuan, mainly to Since when the Australian dollar to U.S. dollar losses.

In addition, tax expenditures Alibaba surge. In the third quarter, its revenue expenditure amounted to 66.5 million yuan, increased 63.1% over the same period the previous quarter increase of 15.1%. It is noteworthy that the two tax unified China, Alibaba acquired identification of high-tech enterprises enjoy preferential enterprise income tax of 15% tax rate.

In addition to net profit fell outside, Alibaba's other business targets despite the slowdown, but still maintain a rapid growth. As of the third quarter, the company was paid a total of approximately 400,000 members, representing growth of 46.1% over the same period last year, up 8.2% the previous quarter end. At the same time, Alibaba achieve revenue 780.2 million yuan, up 36.8% over the same period the previous quarter growth of 6.1%.

Alibaba CEO Wei Zhe November 2 reporter's interview that Alibaba's customers accounted for the total number of Chinese companies less than 1%, despite the winter, there are still considerable room for growth.

Wei, that Alibaba is due to business growth, manufacturing enterprises shuffle, this reshuffle is conducive to the development of Alibaba, which is rough because of many management, operational efficiency is low, the quality-related businesses and products, but will be out, reshuffle, enterprises pay more attention to improving the quality of management, enhance operational efficiency, reduce intermediate links, and e-commerce happens to be an important means to achieve this goal.

UF, Chairman, CEO Wang Wenjing previous interview, also said the financial crisis, more attention to information technology companies, affected by the number of enterprise customers the third quarter, UF, especially SMEs, number of customers has been substantial growth .

Ma believes that the expansion of China's domestic market will become another Chinese manufacturing power, Alibaba will become another engine of growth. The third quarter, from revenue of the Chinese market accounted for Alibaba proportion of total operating income reached 37.9%, this ratio was 36.1% in the last quarter, compared to 28.9% over the same period last year.

Ma said China's domestic market has not fully activated, but after this round of financial crisis, after China's macro-economic control, China's domestic market will eventually rise. Ma appears in the current round of financial crises, the global consumer market is the U.S. consumer-driven era of single-engine, will be followed by the United States, China and other emerging markets, consumer-driven multi-engine time.

2 billion yuan share repurchase program

May be based on such judgments, Alibaba launched a stock buyback program. Alibaba in the Nov. 11 release announcement, said on May 5 this year at the shareholder meeting, the company was approved by shareholders by ordinary resolution and authorize the Board of the Hong Kong dollar 0.0001 each in the share buy-back of shares up to 505 million shares . Alibaba total capital of 50.5 billion shares, repurchase of shares up to about 10% of the total share capital.

November 11, Board of Directors has adopted a resolution approved by Alibaba, the company is available at the end of 2009 up to 2 billion yuan Hong Kong dollar repurchase shares in the market. Day Alibaba share price 4.80 yuan. The announcement said the company will be using the company's available cash reserves to repurchase shares for use, according to the share repurchase program to buy back the shares will be canceled.

Ma on November 1 of the full General Assembly, said the stock has been formed at the bottom. Ma also said that does not mean immediately fell to the bottom up, there may be lingering at the bottom, depending on the recovery of confidence in the stock market, which the company itself, also associated with the economic environment.

In addition to repurchase shares, Alibaba also announced within two programs: First, starting from November 1, the parent company Alibaba - Alibaba Group - will come up with cash subsidies to employees to purchase shares when the bank loans Alibaba interest. Through the scheme, employees will no longer have the option to pay interest for the bank; Second, employees purchased the loan repayment options for a further period of three years.

Reporters learned that before the listing of Alibaba, the Chinese banks to provide loans for employees to buy Alibaba option, exercise price of 6 yuan. If the economy does not change for the better, price do not increase, employees held options to be honored. In this case, the Bank of China to buy those options by employees also face repayment and interest rate pressures. Through these two projects, the company was relieved the employees of these pressures.

Insiders believe that, in the bottom of the Alibaba stock repurchase markets can rebuild confidence in Alibaba, shortening its stock price hovering at the bottom of the time. The discount plan, to extend the repayment plan is conducive to unity and internal staff to ride out the winter. Ma said: money may be small, perhaps not long enough to extend the time, but it represents the cause of all the people involved in Alibaba gratitude.

How Long Winter

In order to survive the winter, follow the market changes, the company was also made an adjustment on the products and services.

November 3, Alibaba announced two plans: one high-quality supplier program is designed to improve the procurement of business experience; second is the introduction of China's exports pass suppliers for China, Hong Kong and Taiwan suppliers Exports provide entry-level service products.

Alibaba within the plan was called "winter plowing plan." Wei, said the measures are designed to enhance the market position of Alibaba, to enhance the user growth.

High-quality program content providers, suppliers apply to become Alibaba paid member, certified by an independent third party verification of identity. Alibaba recently and VeriSign (one authoritative certification institutes) a partnership, VeriSign will provide identity verification Alibaba supplier certification. Suppliers through to verify certification, the product information to a label printed with VeriSign, to prove to the Alibaba site visitors have to verify identity information.

In addition, Alibaba will implement strict measures to strengthen protection of intellectual property rights, provide a more secure online trading environment. If the holders of intellectual property rights infringement and to believe that a product taken down in writing the product information requested Alibaba, Alibaba will respond quickly. A high quality provider plan, the company was able to under clear internal guidelines and procedures, confirmed the complaints removed product information or termination of illegal actions of Member accounts.

Suppliers of General China Alibaba launched a new entry-level product, designed to assist exporters in the current economic environment, the operations to Alibaba platform to improve efficiency, priced at 19,800 yuan per year to provide basic business commercial services, and limited the number of upload product information.

Alibaba China Suppliers existing pricing remains 50,000 yuan / year, but the product upgrade, the upgrade will add an additional window recommended, corporate mail services, business management tools, data steward, GPS and other services buyers . Wei, said that these new features will help suppliers to maximize the effectiveness of online recommendation.

Alibaba winter's lung power is still in its possession, "a thick coat." Filing shows the third quarter, the company was free cash flow from regular operations (non-GAAP) was about 410 million yuan, up 35.8% over last year, up 48.5% the previous quarter, the third quarter of this year, Alibaba Cash and bank deposits more than 6.1 billion yuan, and no debt.







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