【还敢对赌吗？对赌协议首次被判无效】 【Still dare to spread?？Spread-betting agreement first overturned】

　　日前，甘肃省兰州市中级人民法院、甘肃省高级人民法院对于苏州工业园区海富投资有限公司和被投公司甘肃世恒有色资源再利用有限公司的对赌条款均判定无效。……此案目前已经上诉到最高人民法院，其最终判决将直接影响中国司法界对对赌的认识。此案也让“日益疯狂”的风投业界迟疑起来：曾经为激励所投公司业绩腾飞，同时确保自身风险最小化的“双赢协定”，最终可能仅沦为一张白纸。（本刊28期封面文章）

a，Lanzhou city, gansu province intermediate people's courts、The higher people's court for gansu province suzhou industrial park sea rich investment Co., LTD. And for the company the gansu non-ferrous recycling Co., LTD constant of spread-betting terms the judgement is invalid。......The case has been appealed to the supreme people's court，The final judgment will directly influence on the understanding of the Chinese judicial spread。The case also let“Increasingly crazy”The wind for industry hesitate：Once the shots for incentive company performance period，At the same time to ensure that its own risk minimization“Win-win agreement”，May eventually became a white paper only。（This newspaper article 28 period cover）

　　南山采菊_s：即使入世N年，我们依然缺乏契约精神，随意践踏市场经济原则，谁之过？

Nanshan mining _s chrysanthemum：Even if the wto N years，We still lack of contract spirit，Trample on the principle of market economy，Who's？

　　乔Sam：不能因噎废食嘛！有些行业对赌会更公正，更加体现效率和效益。

Joe Sam：Can't of life！Some industry will spread more justice，More body efficiency and benefits。

　　阿木819：僵化的、滞后的司法，有违契约自由，也违国际惯例！

AMu 819：rigid、Lagging behind the judicial，Against the freedom of contract，Also refused the international practice！

　　摩羯布衣：PE投入没风险?高溢价是白给的?甘肃的判决不会推广到全国吧，那中国的成长型企业更悲剧了。

Capricorn cloth：PE into didn't risk?High premium is white?Gansu's decision not to promote national it，That China's growing enterprise more tragedy。

　　实干闯未来：对赌的过程也是激励自己更进一步的过程。

Work through the future：Spread of the process is also motivate yourself further process。

　　破能：对赌已经超出了合作双赢的范畴，只是一场末日赌博！

Broken can：Spread-betting is beyond the category of win-win cooperation，Just a doomsday gambling！

　　

【神秘的“天价烟”】 【mysterious“Day price smoke”】

　　天价烟的正规流通渠道被严格控制，一般只会出现在“特供点”的专品陈列柜中，而且数量极其有限……近年来，“天价烟”屡遭争议，烟草专卖局对于“天价烟”的态度也越发谨慎……在二三线城市和小城镇，天价烟更容易到手；当然，销量远不如大城市。“烟贩子就拿到北京来卖，当然，这是违法的，有风险。”（本刊28期特别报道文章）

Day price of smoke is strictly control the regular distribution channels，General will appear on only“For point,”ZhuanPin the trophy，And there are extremely limited......In recent years，“Day price smoke”By repeatedly dispute，For tobacco monopoly administration“Day price smoke”More cautious attitude......In two, three lines cities and small towns，Day price smoke more easily；Of course，Sales volume is much less than the big cities。“YanFanZi and get to Beijing to sell，Of course，It is illegal to，A risk。”（This newspaper article 28 issue special report）

　　江北一郎：真龙—盛世，没看到真龙天子，只看到群蛇乱舞。

Jiangbei ichiro：Real time-，Didn't see a real dragon. Right，See only QunShe flurry。

　　逗逗：抽这种烟当然不会自己买，寻常百姓能吸得起，就不叫天价烟了。

tease：Take this smoke of course not buy themselves，Ordinary people can suck up，Do not make day price smoke。

　　飞翔华夏的雄鹰：以前有茅台(600519,股吧)指数，现在又可以增加天价烟指数了，有些特权阶层引领了奢侈、浪费、庸俗、虚伪的潮流。

Fly of China's eagle：Used to have maotai(600519,Shares it)index，Now again can increase day price smoke index，Some of the privileged, leading the luxury、waste、vulgar、False of the trend。

　　Dingxianyan：一条烟就可抵我们一家三口一个月的伙食和生活费，为啥阶层间的差距越来越大？

Dingxianyan：A smoke, is worth us all a month of food and living expenses，Why the gap between the class is more and more big？

　　夏初水光潋滟：一方面，我想知道天价烟的成本与利润是多少；另一方面，强烈建议购买天价烟采用实名制。

Early summer LianYan above the：On the one hand，I want to know the costs and profits smoke day price is much；On the other hand，Strongly suggest to buy the day real smoke。

　　皮皮猪：每个人都知道这种现象存在，管理者其实更知道这种现象存在，也知道这样有大问题，可是没人能破开这种怪现象……这是怎么了？

Del piero pig：Everyone knows that this phenomenon，Managers are more know this phenomenon，Also know that such a big problem，But no one can break the strange phenomenon......This is how the？

　　鱼儿自在游：高端消费品瞄准的就是权贵这块市场，是高价、天价，不只是“高端”。

Fish swim at：The high end products aim at this market is powerful，Is high、Day price，Not only“high-end”。

　　山脚猫：畸形的社会生态衍生出的畸形消费。

Mountain cat：Deformity of the social and ecological derived the malformation of consumption。

　　【

【广药VS加多宝：最后的决战】 Wide medicine VS plus million：This is the final confrontation】

　　怕上火喝王老吉？不，怕上火喝加多宝！同时，一面印有王老吉，一面印有加多宝的红罐饮料也越来越多地出现在市面上，担负着“更名”的艰巨任务。相较于加多宝的积极转型，广药显得被动了许多。为赢得最后的战争，广药决定将长期“文斗”升级为最后的“武斗”，以争夺销售渠道为目标的厮杀终于开始了……（本刊28期公司栏目文章）

Fear of fire WangLaoJi drink？Don't，Afraid lose much drink on！At the same time，With WangLaoJi side，Add the red side seal much drink cans is also more and more on market to appear，shoulders“Changed its name”The hard task of。Compared with the positive transformation and curio cabinet，Wide medicine is passive many。To win the last war，Wide medicine decided to long-term“Wen measures”Upgrade to the last“WuDou”，In order to contend for sales channel for the target killing finally start......（This newspaper article 28 period the company columns）

　　里娃：跟iPad类比一下，难道全国原来打算买iPad的消费者人都只冲着iPad这个名都跑去买唯冠iPad平板，而苹果的平板从此就没人买了吗？！

Eva in：IPad analogy with it，Don't the original plan to buy the iPad consumers are just blunt iPad the names went to buy only crown iPad tablet，And apple's tablet has since no one bought？！

　　小依然：指望国企领导跟民企玩儿商战，这梦想遥不可及。可叹，一个老品牌即将没落。

Small still：Expect state-owned enterprises with corporation neglects its leadership play，This dream is unattainable。how，An old brand will decline。

　　求心：鄙视广药！王老吉就像当初被广药抛弃的一个孩子，现在这个孩子在加多宝的培育下成功成才，广药就死皮赖脸地说，王老吉才是我的亲生孩子。

For heart：Despise wide medicine！WangLaoJi like they had been widely abandoned medicine one child，Now the child in the nurturing success with much success，Wide medicine is repeatedly to say，WangLaoJi is my own children。

　　HEBBE：作为普通消费者只能默默选择加多宝来支持。

HEBBE：As the average consumer can choose add much to support silently。

　　chenzhilin888：王老吉就像巴神，小时候被丢弃，现在红火了，父母来抢。

chenzhilin888：WangLaoJi like and god，When I was a child is cast off，Now the red imported fire，Parents to grab。