This case describes the process of MBO of Yutong Bus in detail. The author analyzes policy environment, buyout pricing, capital origin, information disclosure and judicial auction in this case.

本案例对宇通客车M BO过程进行了比较详尽的描述，作者对宇通客车M BO的政策环境、资金来源、信息披露、收购定价、司法拍卖的公正性进行了剖析。

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The origin of water right of a water resources scheme is to collect water resources fee and the water right of a water supply scheme is to turn water charges collection into water pricing.

水资源水权的实质就是全面收取水资源费，水利工程供水水权就是水费变水价。

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