1、2?3?4?8?10?23?28?37?49?50?52?53?55?56?58?59?128?2?16,246,36810,824,950?727,352456,847? ?0.5320.365?0.5320.334? ?0.10940.0686?50.1%?162.464?7.2735?AC? ? ? ? ?28.6%?4.7?33.3%?3?5? ? ? ? ? ? ? ? ? ? ? ?104? ? ?OMP? )?OMP?.?6? ? ? ? ? ? ? ?50.1%?162.46?7.2735?0.532?0.1094?53.1%?87.8%?40.3%?11.2%?21.9%?1
2、.0%?7? ? ?20?500?8?(?)?AC? ? ? ? ? ? ? ? ? ? ?25? ? ?100?500? ? ?9? ? ? ?Hay? ?50? ? ? ? ? ? ?IR? ? ?11?50.1%?162.464? ?108.250? ?7.2735?4.5685? ?0.532? ?0.365?0.334? ?54.2%?37.218? ?24.132? ?22.9%?28.170? ?17.867? ?17.3% ?16.5%? ?23.803? ?14.950? ?14.6% ?13.8%? ?11.061?6.8% ?6.1%? ?4.367? ?2.917? ?
3、2.7%? ?EBITDA? ?50.7%?13.961?EBITDA?8.6%?12?7,603.2?7.2735? ?4.5685? ?13.301? ?12.478? ?14.028? ?13.283? ?8.7516? ?8.113? ?2.3402?6.4114? ? ?24.1%?29.3%?5.2?27.671?36.327?4,725? ?3,106? ?0.3%? ? ? ?13?25?AC?20%?AC? ?33.3%? ? ?28.6%?64.9%?14? ? ? ? ? ? ? ? ? ? ? ? ?15?87.8%?142.609?53.1%?UHT?UHT?46.1
4、%?95.762?67.2%?UHT? ? ? ?104? ?OMP? ? ?OMP?71.9%?36.412?25.5%?16?62.8%?10.435?7.3%?40.3%?18.180?11.2%? ? ?17?1.674?1.0%? ? ? ? ? ? ?18?19?393? ?278? ?19? ? ? ? ? ?500? ? ?20?3,000?21?22? ? ?29,000? ?29,000? ? ? ?6.739? ?3.903? ?23?49? ? ? ? ? ? ? ? ? ? ? ? ? ? ?40?Barrington University? ? ? ? ? ? ?4
5、0?24? ? ?41 ?CDH China Fund, L.P.?51?Julian Juul Wolhardt?33?Wolhardt?KKR Asia Limited?Wolhardt?Urbana-Champaign?25?63?43?69? ? ?26?45?50?43?27?55?36? ? ? ? ?34?29? ? ? ? ? ? ? ? ? ? ? ?30?8/8?8/8?7/8?8/8? ?8/8? ?1/1? ?0/3Julian Juul Wolhardt ?5/7?8/8?5/8?8/8? ? ? ? ?31? ?1? ? ? ? ?Julian Juul Wolha
6、rdt? ? ? ?3.13?23?27? ? ?112?1?32? ? ? ? ?33?)2/2?2/2?2/2? ?50? ? ? ? ? ?1?1?34?2/2?2/2Julian Juul Wolhardt ?1/2?2/2?2/2?Julian Juul Wolhardt? ? ? ? ? ? ? ? ? ? ?1/1?1/1?1/135? ? ? ? ? ? ?36? ? ?2,3801,860?396350?40602,8162,270?37? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?UHT? ? ? ? ? ?15?3?52?0.1094? ?0.0686?