本报讯 在A股不断下跌的背景下，交通银行(601328,股吧)、浦发银行(600000,股吧)、兴业银行(601166,股吧)、深发展(000001,股吧)、民生银行(600016,股吧)的股价纷纷跌破净资产；作为上述银行的机构投资者之一，陕西创赢投资理财有限公司董事长崔军昨日发出公开信，要求上述银行以自有资金回购自己股票股票，然后实施注销。

Report from our correspondent in A shares falling background，Traffic bank(601328,Shares it)、Shanghai pudong development bank(600000,Shares it)、Industrial bank(601166,Shares it)、Shenzhen development(000001,Shares it)、Minsheng bank(600016,Shares it)In the share price breaks the net assets；As one of the bank's institutional investors，Shaanxi and win investment management limited company President CuiJun a open letter yesterday，Request the above bank with their own fund their stock repurchase stock，Then carrying out the cancellation of。

　　从致浦发银行董事长吉晓辉的公开信看，崔军认为，浦发银行股价被严重低估。“昨天（7月24日）最低价只有7.41元，2012年底浦发银行的净资产预计在9.6元左右，现在股价只有2012年净资产的0.77折，2015年底浦发银行的净资产预计在19.45元左右，现在股价只有2015年净资产的3.8折。”崔军表示，创赢投资作为浦发银行的机构持有者，为维护所有股东的权利代表全体股东强烈提出用银行自有资金在9.6元以下回购浦发银行的股票，然后实施注销。

From the headed by ji xiaohui, chairman of the open letter to see，CuiJun think，Shanghai pudong development bank shares be underestimated badly。“yesterday（July 24）The lowest price only 7.41 yuan，By the end of 2012 the net assets in the Shanghai pudong development bank is expected to 9.6 yuan，Now share price is only 2012 years of the net assets of the 0.77 fold，By the end of 2015 the net assets in the Shanghai pudong development bank is expected to 19.45 yuan，Now share price is only 2015 years of the net assets of the 3.8 fold。”CuiJun said，And as the Shanghai pudong development bank's investment win institutional holders，The rights of all the shareholders for maintenance on behalf of all the shareholders put forward their own funds with strong bank in 9.6 RMB yuan in Shanghai pudong development bank stock buyback，Then carrying out the cancellation of。

　　从回购的诉求上看，崔军认为，第一可提振股价，第二在净资产下回购股票实施注销可提高每股的净资产和每股收益。“毕竟现在浦发银行在2012年的动态市赢率只有3.9倍，是最佳的回购机会。”

From its appeal on look，CuiJun think，The first can be boosted stock prices，The second the net assets buy back shares under implementation can improve the net assets per share cancellation and earnings per share。“After all, the Shanghai pudong development bank now in 2012, the dynamic win rate of only 3.9 times，Is the best opportunity to buy。”

　　据了解，2007年，崔军因召集基金银丰持有人大会促成基金银丰的封转开一战成名。2008年，崔军联合其他股东“围攻”赛马实业股份有限公司，要求进入公司董事会参与公司管理，再次轰动一时，也成为私募基金争夺上市公司控制权第一案。

According to understand，2007 years，CuiJun for called fund yinfeng general meeting of the holders of the seal to fund yinfeng turned the world famous。2008 years，CuiJun with other shareholders“siege”Horse racing industrial Co., LTD，The board of directors of the company is required to get into participate in the company management，Once again created a sensation，Also be private equity fund listed company control for the first case。

　　2011年，在招商银行(600036,股吧)发布配股公告，拟向全体A、H股东融资不超过人民币350亿元后，作为招行机构投资者之一的创赢投资董事长崔军不仅发表公开信表示反对，还称招行此次配股计划将打压招行股价，伤害股东利益，并建议招行董事会将融资方案改为向股神巴菲特增发H股。

2011 years，In the China merchants bank(600036,Shares it)Issued announcement match，To plan the all A、H shareholders not more than RMB 35 billion yuan financing，As one of the travel agency investors and win the chairman CuiJun investment not only open letter published opposed，Also said the plan will travel to match action travel down prices，Damage shareholder interests，And suggested that the board of directors will travel to financing solutions to god to shares buffett by H shares。

　　针对创赢投资崔军此次要求破净银行回购股份并注销，有业内人士认为实施的难度较大，但在A股市场风险不断释放，而经济又有望企稳回升的背景下，上市公司大股东也应该做出积极回应，维护广大中小投资者的利益。

According to the requirements CuiJun investment and win the share buyback and cancellation of net bank，The personage inside course of study thinks of the implementation of the difficulty is large，But in A share market risk are constantly released，And the economy and is expected to decline in stabilising background，Listed companies and shareholders also should make positive response，To maintain the the interests of small and medium shareholders。

　　观察发现，长安汽车(000625,股吧)、鲁泰A、南玻B都有回购B股的计划，而A股回购方案鲜有出台。

Observed that，Changan automobile(000625,Shares it)、Lutai A、South bo is the buyback B B shares plan，And A share buyback plan few come。

　　记者 李喆 黄晓霞

Reporter 李喆 HuangXiaoXia