翻译试译稿件.docVIP

经济文化类 1. Chinese to English (Please translate the following into English and keep the English original) 罗浮宫欧美馆，秉承欧洲经典家居文化，坚守“生活典范，为您创造”的经营理念，以雄厚的实力与强大品牌信誉，将使用价值与艺术价值完美融合的欧美顶级家私、饰品、壁画等完美呈现。入选罗浮宫欧美馆用心品鉴与采集的欧洲古董家具，已成为对生活有更高标准的层峰人士不二之选。 2. English to Chinese (Please translate the following into Chinese and keep the Chinese original) Baosteel Group actively collecting Handan Steels warrants According to the Shanghai Stock Exchange, Baosteel Group (and its subsidiaries) has become Handan Steels largest free-floating shareholder and the largest call warrant holder. Handan Steel Groups stake would drop to below 20% if warrants are all executed at maturity. Given this situation, we think it possible Baosteel Group could consider acquisition of Handan Steel. Low EV/t and trading P/BV are acquisition catalysts Most Chinese steelmakers trade at about 1x P/BV, with some still below book. Most of their EV/t are lower than the replacement cost of Rmb4,000-5,000/t (integrated capacity to CRC). Thus, we expect the MA to accelerate among Chinese makers, as foreign makers are not allowed to take over Chinese peers. A full-listing would also facilitate MA. Positive in the long term Baosteel the listed company would not likely become involved into the possible acquisition, in our view. Handan Steel (6mt capacity) is located in Hebei Province and has abundant iron-ore reserves. If the acquisition materialised, the Baosteel Group would benefit from: (1) capacity growth; (2) penetration into the fragmented North China market. Valuation: More growth potential Given the parent as sector consolidator, Baosteel is positioned for more acquisition growth potential. We maintain our Buy 2 rating with a price target of Rmb6.9 (1.6x 2006E P/BV). 法律类 1. Chinese to English (Please translate the following into English and keep the English original) 招标文件仅构成招标方就招标项目向投标方发出之要约邀请，投标方应知道，招标方无意在招标阶段建立任何合约关系，直至书面通知有关的中标方；一旦中标方选定后，由招标方与中标方签订一年或多年的正式合同, 合同的前三个月为试用期, 中标方应穿戴招标方所指定的制服款式为招标方提供服务. 投标方需对招投标过程中所获知任何招标资