但是，对于包括百度、搜狐、新浪、泛华保险、当当、优酷和携程在内的，为数众多的使用VIE结构在美上市的中国公司而言，这又意味着什么呢？
But what about the many existing U.S. listed Chinese companies that rely on the VIE structure, including Baidu, Sohu, Sina, CNInsure, DangDang, Youku, Ctrip?
这篇博文的主要目的是解释在美上市的中国公司所使用的可变权益实体（VIE）结构。
This posting will explain the use of variable interest entities (VIEs) by U.S. listed Chinese companies.
这种公司结构现在已经成为了在美上市中国公司的典型结构。
This has become the archetypal form for U.S. listed Chinese companies.
美国公司治理结构以美英大陆法系为基础，其主要特征是股权结构高度分散化；
The United States corporate governance structure is based on America-British law system, Its principal characteristics are high level of ownership structure dispersion;
美资盛基(嘉善)工业有限公司一、二期厂房20万余方、西子创业大厦二十九层全钢结构、绿城足球俱乐部中泰训练基地网架等。
US-owned Shengji (Jiashan) Industrial Co., Ltd. 1, 2 factory 20 thous square, West Venture Building, 29-layer full-steel structure, Greentown football club training ground grid so on.
美资盛基(嘉善)工业有限公司一、二期厂房20万余方、西子创业大厦二十九层全钢结构、绿城足球俱乐部中泰训练基地网架等。
US-owned Shengji (Jiashan) Industrial Co., Ltd. 1, 2 factory 20 thous square, West Venture Building, 29-layer full-steel structure, Greentown football club training ground grid so on.
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