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2016 Annual Report.PDF
HAITONG SECURITIES CO., LTD. 海通證券股份有限公司 Annual Report 2016 2016 Annual Report 年度報告 CONTENTS Section I Definition and Important Risk Warnings 3 Section II Company Profile and Key Financial Indicators 7 Section III Summary of the Company’s Business 23 Section IV Report of the Board of Directors 28 Section V Significant Events 62 Section VI Changes in Ordinary Share and Particulars about Shareholders 91 Section VII Preferred Shares 100 Section VIII Particulars about Directors, Supervisors, Senior Management and Employees 101 Section IX Corporate Governance 149 Section X Corporate Bonds 184 Section XI Financial Report 193 Section XII Documents Available for Inspection 194 Section XIII Information Disclosure of Securities Company 195 IMPORTANT NOTICE The Board, the Supervisory Committee, Directors, Supervisors and senior management of the Company represent and warrant that this annual report (this “Report”) is true, accurate and complete and does not contain any false records, misleading statements or material omission and jointly and severally take full legal responsibility as to the contents herein. This Report was reviewed and passed at the twenty-third meeting of the sixth session of the Board. The number of Directors to attend the Board meeting should be 13 and the number of Directors having actually attended the Board meeting was 11. Director Li Guangrong, was unable to attend the Board meeting in person due to business travel, and had appointed Director Zhang Ming to vote on his behalf. Director Feng Lun was unable to attend the Board meeting in person due to business travel and had appointed Director Xiao Suining to vote on his behalf. -
Ai2009-1 Aircraft Serious Incident Investigation Report
AI2009-1 AIRCRAFT SERIOUS INCIDENT INVESTIGATION REPORT JAPAN AIRLINES INTERNATIONAL CO., LTD. J A 8 9 0 4 JAPAN AIRLINES INTERNATIONAL CO., LTD. J A 8 0 2 0 January 23, 2009 Japan Transport Safety Board The investigation for this report was conducted by Japan Transport Safety Board, JTSB, about the aircraft serious incident of JAPAN AIRLINES INTERNATIONAL , B747-400D registration JA8904 and JAPAN AIRLINES INTERNATIONAL, MD-90-30 registration JA8020 in accordance with Japan Transport Safety Board Establishment Law and Annex 13 to the Convention on International Civil Aviation for the purpose of determining causes of the aircraft serious incident and contributing to the prevention of accidents/incidents and not for the purpose of blaming responsibility of the serious incident. This English version of this report has been published and translated by JTSB to make its reading easier for English speaking people who are not familiar with Japanese. Although efforts are made to translate as accurately as possible, only the Japanese version is authentic. If there is any difference in the meaning of the texts between the Japanese and English versions, the text in the Japanese version prevails. Norihiro Goto, Chairman, Japan Transport Safety Board AIRCRAFT SERIOUS INCIDENT INVESTIGATION REPORT 1. JAPAN AIRLINES INTERNATIONAL CO., LTD. BOEING 747-400D JA8904 2. JAPAN AIRLINES INTERNATIONAL CO., LTD. DOUGLAS MD-90-30 JA8020 AT ABOUT 10:33 JST FEBRUARY 16, 2008 ON THE RUNWAY 01R OF NEW CHITOSE AIRPORT December 10, 2008 Adopted by the Japan Transport Safety Board (Aircraft Sub-committee) Chairman Norihiro Goto Member Yukio Kusuki Member Shinsuke Endo Member Noboru Toyooka Member Yuki Shuto Member Akiko Matsuo - 1 - 1 PROCESS AND PROGRESS OF AIRCRAFT SERIOUS INCIDENT INVESTIGATION 1.1 Summary of the Serious Incident The event covered by this report falls under the category of “an aborted take-off on an engaged runway” as stipulated in Clause 1, Article 166-4 of the Civil Aeronautics Regulations of Japan, and is classified as an Aircraft Serious Incident. -
Aichi Prefecture
Coordinates: 35°10′48.68″N 136°54′48.63″E Aichi Prefecture 愛 知 県 Aichi Prefecture ( Aichi-ken) is a prefecture of Aichi Prefecture Japan located in the Chūbu region.[1] The region of Aichi is 愛知県 also known as the Tōkai region. The capital is Nagoya. It is the focus of the Chūkyō metropolitan area.[2] Prefecture Japanese transcription(s) • Japanese 愛知県 Contents • Rōmaji Aichi-ken History Etymology Geography Cities Towns and villages Flag Symbol Mergers Economy International relations Sister Autonomous Administrative division Demographics Population by age (2001) Transport Rail People movers and tramways Road Airports Ports Education Universities Senior high schools Coordinates: 35°10′48.68″N Sports 136°54′48.63″E Baseball Soccer Country Japan Basketball Region Chūbu (Tōkai) Volleyball Island Honshu Rugby Futsal Capital Nagoya Football Government Tourism • Governor Hideaki Ōmura (since Festival and events February 2011) Notes Area References • Total 5,153.81 km2 External links (1,989.90 sq mi) Area rank 28th Population (May 1, 2016) History • Total 7,498,485 • Rank 4th • Density 1,454.94/km2 Originally, the region was divided into the two provinces of (3,768.3/sq mi) Owari and Mikawa.[3] After the Meiji Restoration, Owari and ISO 3166 JP-23 Mikawa were united into a single entity. In 187 1, after the code abolition of the han system, Owari, with the exception of Districts 7 the Chita Peninsula, was established as Nagoya Prefecture, Municipalities 54 while Mikawa combined with the Chita Peninsula and Flower Kakitsubata formed Nukata Prefecture. Nagoya Prefecture was renamed (Iris laevigata) to Aichi Prefecture in April 187 2, and was united with Tree Hananoki Nukata Prefecture on November 27 of the same year. -
Analysis of the Effects of Air Transport Liberalisation on the Domestic Market in Japan
Chikage Miyoshi Analysis Of The Effects Of Air Transport Liberalisation On The Domestic Market In Japan COLLEGE OF AERONAUTICS PhD Thesis COLLEGE OF AERONAUTICS PhD Thesis Academic year 2006-2007 Chikage Miyoshi Analysis of the effects of air transport liberalisation on the domestic market in Japan Supervisor: Dr. G. Williams May 2007 This thesis is submitted in partial fulfilment of the requirements for the degree of Doctor of Philosophy © Cranfield University 2007. All rights reserved. No part of this publication may be reproduced without the written permission of the copyright owner Abstract This study aims to demonstrate the different experiences in the Japanese domestic air transport market compared to those of the intra-EU market as a result of liberalisation along with the Slot allocations from 1997 to 2005 at Haneda (Tokyo international) airport and to identify the constraints for air transport liberalisation in Japan. The main contribution of this study is the identification of the structure of deregulated air transport market during the process of liberalisation using qualitative and quantitative techniques and the provision of an analytical approach to explain the constraints for liberalisation. Moreover, this research is considered original because the results of air transport liberalisation in Japan are verified and confirmed by Structural Equation Modelling, demonstrating the importance of each factor which affects the market. The Tokyo domestic routes were investigated as a major market in Japan in order to analyse the effects of liberalisation of air transport. The Tokyo routes market has seven prominent characteristics as follows: (1) high volume of demand, (2) influence of slots, (3) different features of each market category, (4) relatively low load factors, (5) significant market seasonality, (6) competition with high speed rail, and (7) high fares in the market. -
Heilongjiang Road Development II Project (Yichun-Nenjiang)
Technical Assistance Consultant’s Report Project Number: TA 7117 – PRC October 2009 People’s Republic of China: Heilongjiang Road Development II Project (Yichun-Nenjiang) FINAL REPORT (Volume II of IV) Submitted by: H & J, INC. Beijing International Center, Tower 3, Suite 1707, Beijing 100026 US Headquarters: 6265 Sheridan Drive, Suite 212, Buffalo, NY 14221 In association with WINLOT No 11 An Wai Avenue, Huafu Garden B-503, Beijing 100011 This consultant’s report does not necessarily reflect the views of ADB or the Government concerned, ADB and the Government cannot be held liable for its contents. All views expressed herein may not be incorporated into the proposed project’s design. Asian Development Bank Heilongjiang Road Development II (TA 7117 – PRC) Final Report Supplementary Appendix A Financial Analysis and Projections_SF1 S App A - 1 Heilongjiang Road Development II (TA 7117 – PRC) Final Report SUPPLEMENTARY APPENDIX SF1 FINANCIAL ANALYSIS AND PROJECTIONS A. Introduction 1. Financial projections and analysis have been prepared in accordance with the 2005 edition of the Guidelines for the Financial Governance and Management of Investment Projects Financed by the Asian Development Bank. The Guidelines cover both revenue earning and non revenue earning projects. Project roads include expressways, Class I and Class II roads. All will be built by the Heilongjiang Provincial Communications Department (HPCD). When the project started it was assumed that all project roads would be revenue earning. It was then discovered that national guidance was that Class 2 roads should be toll free. The ADB agreed that the DFR should concentrate on the revenue earning Expressway and Class I roads, 2. -
The Damage Estimation on the Nankai Trough Megathrust
The Damage Estimation onthen the Nankai Trough Megathrust Earthquake Disaster Management Bureau Cabinet Office, Government of Japan Number of Deaths and Missing Persons in Previous Disasters 25, 000 Great East Japan Earthquake (19,515) 20,000 1945 Mikawa Earthquake (2,306 ) 1945 Typhoon Makurazaki(3,756 ) 1946 Showa Nankai 1, Earthquake (443) 15,000 1947 Typhoon Kathleen(1,930) 1948 Fukui Earthquake (3,769) 1959 Typhoon Ise-wan(5,098 ) 10,000 1995 Great Hanshin-Awaji Earthquake (6,437) 1953 Torrential Rains in Nanki(1,124) 1954 Typhoon Touyamaru(1,761) 5,000 0 '45 '47 '49 '51 '53 '55 '57 '59 '61 '63 '65 '67 '69 '71 '73 '75 '77 '79 '81 '83 '85 '87 '89 '91 '93 '95 '97 '99 '01 '03 '05 '07 '09 '11 (year) Source: Chronological Scientific Table Large Earthquakes Reviewed by the Central Disaster Management Council Super wide-area earthquake extending to western Japan Tokikai Eart hqua ke Huge tsunami over 20 meters Tonankai, Nankai Earthquake Rate of earthquake production over 30 years: Oceanic-type earthquakes 60 ~ 70% in the vicinity of the Japan and Chishima Trenches Concerns about neglected timber buildings and Unknown ( Miyagi offshore cultural assets earthquake production rate over 30 years: 99% prior to the Great East Cyubu region, Kinki region Japan Earthquake) Inland Earthquake Concern about critical national operations Tokyyqo Inland Earthquake Rate of earthquake production over 30 years: approx 70% (Magnitude 7 in southern Kanto area) Oceanic earthquake Inland earthquake Rate of earthquake occurrence is by Ministry of Education, Culture, Sports, Science and Technology Planning and Review for Countermeasures Against Earthquakes (1) Estimate distribution of seismic intensity, tsunami height, etc. -
100Questions for Trading with Japan
x 100 Questions for Trading with Japan April 2014 ASEAN PROMOTION CENTRE ON TRADE, INVESTMENT AND TOURISM Under the activity of ASEAN-Japan Centre in FY2013, this book was translated from Japanese into English based on the book “100 Questions for Trading with Japan” issued by Manufactured Imports and Investment Promotion Organization (MIPRO). This material has been prepared based on the information collected in the summer of 2012. The contents might be changed due to the amendments of laws etc., for details, please contact to the address at the end of the book for further information. Preface The ASEAN-Japan Centre is pleased to introduce the book “100 Questions for Trading with Japan” and expresses our gratitude to the Manufactured Imports and Investment Promotion Organization (MIPRO) for sharing this invaluable book which was designed to serve Japanese importers and foreign exporters. This book is written in a question-and-answer form covering the rules and regulations, which govern operations such as customs procedures, foreign payments, etc. Further, the book also takes into account various business sectors, which are of great attention to foreign exporters towards the Japanese market. This may serve as a useful tool for stakeholders from ASEAN member states who wish to export their products into Japan. Since the content of the book was originally designed in Japanese language for Japanese companies, however, readers who are foreigners outside Japan may sometimes “get a feeling” of touching a regulation/instruction/advice for a Japanese entity. For example, a popular phrase “please contact the relevant authority in the nearest prefecture/city where your office is located for further details” is really for a Japanese businessperson rather than for a foreign one. -
Rpr-2009-7-5
ERIA Research Project Report 2009, No. 7-5 DDEVELOPMENT OF CCHINA’’S TTRANSPORTATION IINFRASTRUCTURE AND IINTERNATIONAL CCONNECTIVITY EDITED BY 1 ZHANG YUNLING March 2010 1 Zhang Yunling as the research director of this project, is responsible for designing and writing the final report paper, while Wu Wehua, Zhao Minglong, Zhang Yushan and Zhong Feiteng as the research team members, are responsible for preliminary research and drafting the designated part. TABLE OF CONTENTS Table of Contents i List of Project Members ii CHAPTER 1. Overview: the Development of China’s Transportation Infrastructure 1 CHAPTER 2. The Development of Transportation Infrastructure and International 18 Links in China’s Southeast Region CHAPTER 3. The Development of Transportation Infrastructure and International 37 Links in China’s Northeast Region CHAPTER 4. The Development of Transportation Infrastructure and International 53 Links in China’s Northwest Region CHAPTER 5. The Development of Transport Infrastructure and International Links in 69 China’s Southwest Region CHAPTER 6. Infrastructure Development in East Asia and Cooperation between China 81 and Japan i LIST OF PROJECT MEMBERS Project Director: Zhang Yunling, Professor, Director of Academic Division of International Studies, Academy Member, Chinese Academy of Social Sciences Research team members: Wu Wenhua, Professor, Director of the Institute of Transportation, Institute of Macroeconomics of Nation Development and Reform Commission (Chapter 1) Zhao Minglong, Professor, Director of the Institute of -
Ÿþm I C R O S O F T W O R
AA2012-6 AIRCRAFT ACCIDENT INVESTIGATION REPORT NAKANIHON AIR SERVICE CO., LTD. J A 3 9 0 2 July 27, 2012 The objective of the investigation conducted by the Japan Transport Safety Board in accordance with the Act for Establishment of the Japan Transport Safety Board and with Annex 13 to the Convention on International Civil Aviation is to determine the causes of an accident and damage incidental to such an accident, thereby preventing future accidents and reducing damage. It is not the purpose of the investigation to apportion blame or liability. Norihiro Goto Chairman, Japan Transport Safety Board Note: This report is a translation of the Japanese original investigation report. The text in Japanese shall prevail in the interpretation of the report. AIRCRAFT ACCIDENT INVESTIGATION REPORT NAKANIHON AIR SERVICE CO., LTD. CESSNA TU206G, JA3902 IN THE MOUNTAINS EAST OF MT. IWABE-DAKE, FUKUSHIMA-TOWN, MATSUMAE-GUN, HOKKAIDO PREFECTURE AROUND 10:40 JST, JULY 28, 2010 June 22, 2012 Adopted by the Japan Transport Safety Board Chairman Norihiro Goto Member Shinsuke Endoh Member Toshiyuki Ishikawa Member Sadao Tamura Member Yuki Shuto Member Toshiaki Shinagawa SYNOPSIS Summary of the Accident On July 28 (Wednesday), 2010, a Cessna TU206G, registered JA3902, operated by Nakanihon Air Service Co., Ltd., took off from Niigata Airport at 08:49 local time1 for a ferry flight to Sapporo Airfield, but it did not arrive there even after the estimated arrival time of 12:49 and went missing. Search and rescue (SAR) activities found the crashed aircraft in the mountains east of Mt. Iwabe-dake in Fukushima-town, Matsumae-gun, Hokkaido Prefecture, on July 30 (Friday), 2010. -
KOD FLYGPLATS AAC Al Arish, Egypt
KOD FLYGPLATS AAC Al Arish, Egypt – Al Arish Airport AAM Mala Mala Airport AAN Al Ain, United Arab Emirates – Al Ain Airport AAQ Anapa Airport – Russia AAT Altay, China – Altay Airport AAX Araxa, Brazil – Araxa Airport ABC Albacete, Spain – Albacete Airport ABE Allentown-Bethlehem-Easton International, PA, USA ABK Kabri Dar, Ethiopia – Kabri Dar Airport ABL Ambler, AK, USA ABM Bamaga, Queensland, Australia ABQ Albuquerque, NM, USA – Albuquerque International A ABR Aberdeen, SD, USA – Aberdeen Regional Airport ABS Abu Simbel, Egypt – Abu Simbel ABT Al-Baha, Saudi Arabia – Al Baha-Al Aqiq Airport ABV Abuja, Nigeria – Abuja International Airport ABX Albury, New South Wales, Australia – Albury ABY Albany, GA, USA – Dougherty County ABZ Aberdeen, Scotland, United Kingdom – Dyce ACA Acapulco, Guerrero, Mexico – Alvarez International ACC Accra, Ghana – Kotoka ACE Lanzarote, Canary Islands, Spain – Lanzarote ACH Altenrhein, Switzerland – Altenrhein Airport ACI Alderney, Channel Islands, United Kingdom – The Bl ACK Nantucket, MA, USA ACT Waco, TX, USA – Madison Cooper ACV Arcata, CA, USA – Arcata/Eureka Airport ACY Atlantic City /Atlantic Cty, NJ, USA – Atlantic Ci ADA Adana, Turkey – Adana ADB Izmir, Turkey – Adnan Menderes ADD Addis Ababa, Ethiopia – Bole ADE Aden, Yemen – Aden International Airport ADJ Amman, Jordan – Civil ADK Adak Island, Alaska, USA, Adak Island Airport ADL Adelaide, South Australia, Australia – Adelaide ADQ Kodiak, AK, USA ADZ San Andres Island, Colombia AED Aleneva, Alaska, USA – Aleneva Airport AEP Buenos Aires, Buenos -
Pharmaceutical Supply Chain Security and Efficiency: the Case of The
Geographical Review of Japan Series B 85(2): 84–92 (2013) Research Note The Association of Japanese Geographers Pharmaceutical Supply Chain http://www.ajg.or.jp Security and Efficiency: The Case of the Great East Japan Earthquake NAKAMURA Tsutomu Graduate School of Arts and Sciences, The University of Tokyo; 153–8902, Japan. E-mail: [email protected] Received August 27, 2012; Accepted February 4, 2013 Abstract Based on experience during the Great East Japan Earthquake, this article examines the efficiency and high-security requirements of Japan’s pharmaceutical supply chain and its response pattern in an emergency. Ensur- ing supply chain security requires an enormous amount of investment, sacrifices, and improvement in efficiency. The practical measures being implemented need to maintain a strict balance between supply chain security and efficiency. To assess the supply chain security needs of the pharmaceuticals, interviews were conducted with Japan’s pharmaceu- tical supply chain players. Although faced with some difficulties, the supply chain functioned effectively during the sudden change in demand following the 2011 quake. The distribution centers are located mainly in the three major metropolitan areas unevenly, but dispersing inventories are maintained at all the branch offices outside the area of specific lead time. However, this article has found that the changes in the pharmaceutical supply chain could lead to a low level of security. The national or local governments might be required to provide public assistance for the man- agement. Additional measures might be needed if differences between municipalities in the extent of the measures result in substantial regional disparities in access to pharmaceuticals. -
Government Support Measures for Domestic Air Connectivity Case-Specific Policy Analysis
CPB Corporate Partnership Board Government Support Measures for Domestic Air Connectivity Case-Specific Policy Analysis Government Support Measures for Domestic Air Connectivity Case-Specific Policy Analysis The International Transport Forum The International Transport Forum is an intergovernmental organisation with 59 member countries. It acts as a think tank for transport policy and organises the Annual Summit of transport ministers. ITF is the only global body that covers all transport modes. The ITF is politically autonomous and administratively integrated with the OECD. The ITF works for transport policies that improve peoples’ lives. Our mission is to foster a deeper understanding of the role of transport in economic growth, environmental sustainability and social inclusion and to raise the public profile of transport policy. The ITF organises global dialogue for better transport. We act as a platform for discussion and pre- negotiation of policy issues across all transport modes. We analyse trends, share knowledge and promote exchange among transport decision-makers and civil society. The ITF’s Annual Summit is the world’s largest gathering of transport ministers and the leading global platform for dialogue on transport policy. The Members of the Forum are: Albania, Armenia, Argentina, Australia, Austria, Azerbaijan, Belarus, Belgium, Bosnia and Herzegovina, Bulgaria, Canada, Chile, China (People’s Republic of), Croatia, Czech Republic, Denmark, Estonia, Finland, France, Former Yugoslav Republic of Macedonia, Georgia, Germany, Greece, Hungary, Iceland, India, Ireland, Israel, Italy, Japan, Kazakhstan, Korea, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Mexico, Republic of Moldova, Montenegro, Morocco, the Netherlands, New Zealand, Norway, Poland, Portugal, Romania, Russian Federation, Serbia, Slovak Republic, Slovenia, Spain, Sweden, Switzerland, Turkey, Ukraine, the United Arab Emirates, the United Kingdom and the United States.