billchoa/3036384256-COMP7607-data huggingface dataset:
user: Please translate the following sentence from English to Chinese: For details of our intellectual property rights, see “Appendix IX — Statutory and General Information — IV. Further Information about the Business —

assistant: 有關知識產權的詳細信息，請參閱本招股說明書「附錄九－法定及一般信息－IV.關於業務的進一步資料－
user: Please translate the following sentence from English to Chinese: (ii) irradiation service providers, gamma ray radiotherapy equipment manufacturers and non-destructive testing equipment manufacturers in China with respect to our radioactive source products business;

assistant: (ii)就我們的放射源產品業務而言，指位於中國的輻照服務提供商、伽瑪射線放療設備製造商及無損探傷設備製造商；
user: Please translate the following sentence from English to Chinese: Such trend of cash flow position from the investing activities was attributable to the fact that, with the construction of Jing-Xing Power Plant completed in late 2006, the payment for the purchase of property, plant and equipment gradually decreased during 2007 and 2008.

assistant: 投資活動現金流量改變是由於京興電廠於二零零六年底落成後，購買物業、機器及設備所用款項於二零零七年及二零零八年遞減所致。
user: Please translate the following sentence from English to Chinese: Accordingly, this Prospectus and any other offering document or material in connection with the offer of the Offer Shares may not be issued, circulated or distributed in Singapore nor may any of the Offer Shares be offered for subscription or purchase or made the subject of an invitation or offer for subscription or purchase, whether directly or indirectly, in Singapore other than (i) pursuant to, and subject to the conditions of, exemptions invoked under Subdivision 4, Division 1, of Part XIII, particularly section 274 and section 275, of the SFA and to persons to whom the Offer Shares may be offered or sold under such exemptions;

assistant: 因此，本招股章程及有關提呈發售股份的任何其他發售文件或資料，一概不得直接或間接在新加坡發行、傳閱或派發，而任何發售股份亦不得直接或間接在新加坡提呈以供認購或購買或邀請或提呈發售以供認購或購買，惟 (i)根據證券及期貨法第XIII部第 1分部第 4節（特別是第274條及275條）援引的豁免並在該等豁免的規限下，向根據該等豁免可獲提呈發售或出售發售股份的人士進行上述事宜；
user: Please translate the following sentence from English to Chinese: Our Directors believe that the economic downturn would affect the purchasing power of our customers and their demands.

assistant: 董事相信，經濟衰退影響到本集團客戶的購買力及需求。
user: Please translate the following sentence from English to Chinese: SUMMARY Waiver in respect of Rule 11.11 of the GEM Listing Rules The Directors are aware of the requirement under Rule 11.11 of the GEM Listing Rules which states that the latest financial period of the Company reported on by the reporting accountants must not have ended more than six months before the date of this prospectus.

assistant: 概要 有關創業板上市規則第 11.11條之豁免 就董事所知，創業板上市規則第 11.11條之規定列明，申報會計師所呈報之最近期財務期間之結算日期不得早於本售股章程刊發日期前六個月。
user: Please translate the following sentence from English to Chinese: SUMMARY OF ARTICLES OF INCORPORATION, THE COMPANIES ACT AND TAXATION IN JAPAN

assistant: 組織章程細則、日本公司法及稅項概要
user: Please translate the following sentence from English to Chinese: For example, if the Company enters into transactions above certain thresholds, assessed on the basis of the size of the transaction relative to the size of the listed company, Petropavlovsk, Petropavlovsk will be required under the UK Listing Rules to comply with announcement obligations or, in some instances, to obtain approval from its shareholders in respect of the members of the Group entering into the relevant transactions.

assistant: 例如，倘本公司訂立的交易價值按交易規模相對上市公司Petropavlovsk 規模的基準進行評估後超過若干上限，則Petropavlovsk須根據英國上市規則發出公告，而在部分情況下，亦須就本集團成員公司訂立相關交易而徵求股東批准。
user: Please translate the following sentence from English to Chinese: Such balances were of non-trading nature and were interest-free, unsecured and repayable on demand.

assistant: 該等結餘爲非貿易性質、免息、無抵押且無固定還款期。
user: Please translate the following sentence from English to Chinese: (b) Enterprise expansion and general reserve funds are set up by a subsidiary established and operating in the PRC.

assistant: (b) 企業擴展及一般儲備基金乃於中國成立及運作之附屬公司所設立之基金。
user: Please translate the following sentence from English to Chinese: The gross profit margin of wholesales to our franchisees increased steadily during the Track Record Period primarily due to a general increase in the average wholesale price of our apparel products sold to franchisees following the increase in the average retail selling price of our apparel products.

assistant: 我們向加盟商批發的毛利率於往績記錄期間穩步增長，主要由於我們的服飾產品平均零售售價上升後，向加盟商銷售服飾產品的平均批發價格普遍有亦所上漲。
user: Please translate the following sentence from English to Chinese: Under the terms of this loan, we are required to obtain consent for capital expenditures in excess of US$30 million in any financial year.

assistant: 根據該貸款的條款，我們須就任何財政年度超過30,000,000美元的資本開支取得許可。
user: Please translate the following sentence from English to Chinese: Set out below are the proposed annual caps, which have been determined by reference to the prevailing market rates for similar properties (e.g. with respect to floor space and age of the building) in the vicinity and represent the actual rent payable by the Group to Toprich pursuant to the Lease Agreement:

assistant: 以下列載經參考鄰近地區類似物業（例如就建築面積及樓齡）的現行市場租金所釐定並代表本集團根據租賃協議應付予榮發的實際租金的建議年度上限：
user: Please translate the following sentence from English to Chinese: RESEARCH AND DEVELOPMENT During the Track Record Period, the Group did not engage in any research and development activity nor incurred any research and development expenses.

assistant: 研發 於往績記錄期間，本集團並無進行任何研發活動，亦無產生任何研發開支。
user: Please translate the following sentence from English to Chinese: Government or corporate sponsored pension schemes, are also important sources of investment for regional asset management firms.

assistant: 政府或公司設立的退休金計劃亦爲區域資產管理公司投資的重要來源。
user: Please translate the following sentence from English to Chinese: No approval of separate class meeting is required for the listing and trading of such transferred shares on an overseas stock exchange.

assistant: 所轉讓的股份在境外證券交易所上市及交易，毋須個別類別股東大會批准。
user: Please translate the following sentence from English to Chinese: The Group is only entitled to lease or mortgage such portion of the buildings outside the Parent Group after certain permits and approvals have been granted by the relevant PRC authorities;

assistant: 貴集團於獲得相關中國機構授予若干許可證及批准後，有權於母公司集團外租賃或按揭上述母公司集團的該部份樓宇；
user: Please translate the following sentence from English to Chinese: The Directors, including the independent non-executive Directors, are of the view that each of the Discloseable Connected Transactions were entered into on normal commercial terms (or terms no less favourable to the TOM Group than terms available to or from Independent Third Parties) and the terms are fair and reasonable and in the interest of the Shareholders as a whole.

assistant: 包括獨立非執行董事在內之各名董事均認爲各項須予披露之關連交易乃按一般商業條款（或對 TOM 集團而言不遜於獨立第三方可得或提供之條款）進行，而有關條款均屬公平合理，亦符合股東整體利益。
user: Please translate the following sentence from English to Chinese: 33. Subsidiaries, associated companies and jointly controlled entities (Continued)

assistant: 33. 附屬公司、聯營公司和共同控制實體（續）
user: Please translate the following sentence from English to Chinese: 3.4 Gas Turbine Suppliers

assistant: 3.4 燃氣輪機供應商
user: Please translate the following sentence from English to Chinese: Although this circular only applies to offshore enterprises controlled by PRC enterprises or PRC enterprise groups, not those controlled by PRC individuals or foreigners like us, the criteria set forth in the circular may reflect the SAT’s general position on how the “de facto management body” test should be applied in determining the tax resident status of all offshore enterprises.

assistant: 雖然該通知僅適用於中國企業或中國企業集團控制的境外企業，而非我們此類由中國個人或外國人控制的企業，但通知中所載標準可反映國家稅務總局就「實際管理實體」測試如何應用於釐定所有境外企業稅收居民身份的總體立場。
user: Please translate the following sentence from English to Chinese: We rely on Contractual Arrangements with the PRC Operational Entity and its shareholders to operate our business.

assistant: 我們依賴與中國經營實體及其股東訂立的合約安排以經營我們的業務。
user: Please translate the following sentence from English to Chinese: the maximum number of Shares borrowed from the Selling Shareholder will be limited to the maximum number of Shares which may be sold by the Selling Shareholder upon exercise of the Over-allotment Option;

assistant: 向售股股東借入的最高股份數目，將以因超額配股權獲行使而售股股東將會出售的最高股份數目爲限；
user: Please translate the following sentence from English to Chinese: Maximum mineable parting thickness .

assistant: 最大可開採裂層厚度 .
user: Please translate the following sentence from English to Chinese: To provide us with maximum flexibility, on November 10, 2011, the Taiwanese Shareholders applied to the Taiwan Investment Commission for prior approval of an increase in their investment amounts, based on the Company’s current plan in respect of the injection of proceeds from the Global Offering into the Company’s PRC subsidiaries, which is expected to be no more than approximately USD27.8 million (or approximately HK$216.4 million) per year.

assistant: 爲向本公司提供最大的靈活性，根據本公司目前就向其中國附屬公司注入全球發售所得款項的計劃（預期每年不超過約27,800,000美元（或約216,400,000港元）），臺灣股東就追加彼等的投資金額於二零一一年十一月十日向臺灣投資審議委員會申請事先批准。
user: Please translate the following sentence from English to Chinese: Completion date

assistant: 完成日期
user: Please translate the following sentence from English to Chinese: your electronic application instructions through the White Form eIPO service are not completed in accordance with the instructions, terms and conditions set out in the designated website at www.eipo.com.hk;

assistant: 閣下並沒有根據指定網站www.eipo.com.hk所載指示、條款及條件完成透過白表 eIPO 服務發出電子認購指示；
user: Please translate the following sentence from English to Chinese: Estimated impairment of receivables The Group records impairment of receivables based on an assessment of the recoverability of trade and other receivables.

assistant: 估計應收款項減值 貴集團根據對應收貿易賬款及其他應收款項可收回程度之評估，將應收款項減值列賬。
user: Please translate the following sentence from English to Chinese: The Selling Shareholder intends to grant to BNP Paribas, the Over-allotment Option exercisable by BNP Paribas on behalf of the International Underwriters to require the Selling Shareholder to sell up to an aggregate of 117,000,000 Sale Shares, representing 15% of the Shares initially offered under the Global Offering, solely to cover over-allocations in the International Placing, if any.

assistant: 售股股東有意向法國巴黎融資授出超額配股權，可由法國巴黎融資（代表國際包銷商）行使，並可據此要求售股股東出售最多合共117,000,000股待售股份，佔全球發售項下初步提呈發售的股份15% ，純粹補足國際配售的超額分配（如有）。
user: Please translate the following sentence from English to Chinese: and (ii) growth in online retailing helping to encourage purchase of apparel products.

assistant: 及 (ii) 網上零售增長有助於鼓勵消費者購買服裝產品而從中獲益。
user: Please translate the following sentence from English to Chinese: 14. Units N, O, P, Q and R on Level 27, Shuang Niu Building, Hangzhou City, Zhejiang Province, the PRC.

assistant: 14. 中國浙江省杭州市雙牛大廈第 27層 N、O、P、Q及 R單位
user: Please translate the following sentence from English to Chinese: We purchase our production technology, equipment and components primarily from a limited number of suppliers.

assistant: 本集團主要自有限供應商採購其生產技術、設備及零部件。
user: Please translate the following sentence from English to Chinese: 2. 3 of these PNG Licences cover 5 of our drilling locations in 2019 under our three-year development plan.

assistant: 2. 該等油氣牌照中 3 個牌照涵蓋我們於三年發展計劃項下二零一九年的 5 個鑽探位置。
user: Please translate the following sentence from English to Chinese: In terms of paper production, the Group will also focus on the development and sales of high quality writing paper with an aim to increase its competitiveness and profit margins.

assistant: 在造紙方面，本集團亦將會集中開發和銷售優質書寫紙，務求提升競爭力及盈利率。
user: Please translate the following sentence from English to Chinese: We believe that the highest quality of products can be achieved by close ties and cooperation with our customers.

assistant: 本集團相信，與客戶緊密連繫及合作，有助於提供最優質產品。
user: Please translate the following sentence from English to Chinese: For example, for our manufacturing operations in the United States, Mexico, Brazil, Poland, China and India, we are required to maintain certain business and operating licenses and permits, and are subject to applicable regulations and laws of those jurisdictions.

assistant: 例如，就我們於美國、墨西哥、巴西、波蘭、中國及印度製造業務，我們需要維持若干業務及經營牌照及許可證，並須遵守該等司法權區的適用法規及法律。
user: Please translate the following sentence from English to Chinese: The share transfer was conducted on an arm’s length basis.

assistant: 該股份轉讓乃以公平基準進行。
user: Please translate the following sentence from English to Chinese: All forward-looking statements in this document are qualified by reference to this cautionary statement.

assistant: 本提示聲明適用於本文件所載的所有展望性陳述。
user: Please translate the following sentence from English to Chinese: The land of the property is leased by 廣州寶澤汽車銷售服務有限公司 for a term from 16 July 2009 to 31 December 2028 at a monthly rental of RMB178,793 for the first 2 years and monthly rental thereafter will be increased by 6% for every 2 years.

assistant: 該物業的土地乃由廣州寶澤汽車銷售服務有限公司租用，租期自2009 年 7月 16日起至 2028年 12月 31日，首兩個年度的月租爲人民幣 178,793元，其後每兩年增長6%。
user: Please translate the following sentence from English to Chinese: This overall decrease in cost of sales from continuing operations of the Group was generally in line with the drop in sales, as explained above, and was primarily due to the proportionate consolidation of only 50% of the costs of sales incurred in respect of those businesses which were injected by the Company into Dongfeng Motor Co., Ltd upon its formation in mid-2003.

assistant: 如上文解釋，本集團持續經營業務銷售成本整體與銷售額普遍同樣下跌，主要由於本公司在二零零三年年中東風汽車有限公司成立時，注入東風汽車有限公司的該等業務所產生的銷售成本按比例僅有 50%被合併入帳所致。
user: Please translate the following sentence from English to Chinese: These criteria include history of business relationship with us, payment history, prospects and market shares of the customers and competitiveness of their new products.

assistant: 有關條件包括過往與我們的業務關係、付款紀錄、客戶前景及市場份額以及其新產品的競爭力。
user: Please translate the following sentence from English to Chinese: The Group spent 4.4%, 7.8%, 7.5% and 7.7% (including those being capitalized) of its revenue for the three years ended 31 December 2010 and the four months ended 30 April 2011 in research and development respectively; the Directors intend to maintain similar or increasing levels of expenditure for research and development efforts going forward.

assistant: 截至二零一零年十二月三十一日止三年度及截至二零一一年四月三十日止四個月，本集團分別有4.4%、7.8%、7.5%及7.7%的收益（包括已資本化的收益）用於研發，而董事計劃日後維持或增加研發支出水平。
user: Please translate the following sentence from English to Chinese: During the Track Record Period, the category of ‘‘other income and gains’’ primarily consisted of the following:

assistant: 於往績記錄期間，「其他收入及收益」類別主要包括以下項目：
user: Please translate the following sentence from English to Chinese: Our differentiated branding strategy, along with the strength of our distribution network, allows us to effectively market our products across a broad range of consumer groups and product segments.

assistant: 我們差異化的品牌策略以及我們分銷網絡的優勢讓我們能有效地向廣泛的消費羣體推廣多種多樣的產品。
user: Please translate the following sentence from English to Chinese: (i) Each of Mr. Yeung Michael Wah Keung and Mr. Yeung Wo Fai is interested in the Reorganization.

assistant: (i) 楊華強先生及楊和輝先生各自於重組中擁有權益。
user: Please translate the following sentence from English to Chinese: The Directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief:

assistant: 董事在作出一切合理查詢後確認，就其深知及確信：
user: Please translate the following sentence from English to Chinese: II. NOTES TO FINANCIAL INFORMATION — continued

assistant: II. 財務資料附註－續
user: Please translate the following sentence from English to Chinese: The customer may return products failing the quality test in the course of their usage of products and reject the delivered products if they are not consistent with the description in the delivery note.

assistant: 倘未能通過質量檢查，則客戶可於使用產品的過程中退回產品，而倘交付的產品不符合交付記錄的描述，則客戶可拒絕接收產品。
user: Please translate the following sentence from English to Chinese: modify the pressure line filter in line with test results and complete the design, research and development of the same

assistant: 按測試結果改良壓力線過濾器，並完成該產品之設計、開發及研究
user: Please translate the following sentence from English to Chinese: and (c) the assets and liabilities of the company. Proper books of account shall not be deemed to be kept if there are not kept such books as are necessary to give a true and fair view of the state of the company’s affairs and to explain its transactions.

assistant: 及 (c) 公司的資產與負債。 如賬簿不能真實中肯反映公司業務狀況及解釋有關的交易，則不視爲保存適當賬簿。
user: Please translate the following sentence from English to Chinese: On 13 February 2012, its registered capital was increased to HKD3,000,000.

assistant: 於2012年2月13日，其註冊 資本增至3,000,000港元。
user: Please translate the following sentence from English to Chinese: We also participate in a provident fund scheme registered under the Mandatory Provident Fund Schemes Ordinance for all our eligible employees in Hong Kong.

assistant: 我們亦爲香港的所有合資格僱員參與強制性公積金計劃條例規定的強制性公積金計劃。
user: Please translate the following sentence from English to Chinese: 19. BORROWINGS

assistant: 19. 借款
user: Please translate the following sentence from English to Chinese: Qingdao Jieneng Steam Turbine Group

assistant: 青島捷能汽輪機集團
user: Please translate the following sentence from English to Chinese: For Grand Merit, the retail operations subsidiary of MFW Investment, marketing and promotional expenses primarily consisted of discounts, markdowns and in-store promotions of merchandise in connection with seasonal sales campaigns.

assistant: 就君億（澳門漁人碼頭投資的零售營運附屬公司）而言，營銷及推廣開支主要包括折扣、降價及與季節性減價活動有關的商品店內推廣。
user: Please translate the following sentence from English to Chinese: (1) Includes sales of life insurance products from our bancassurance distribution channel.

assistant: (1) 包括從本公司銀行保險分銷渠道銷售的壽險產品。
user: Please translate the following sentence from English to Chinese: Equity component of convertible preference shares .

assistant: 可轉換優先股的權益成份 .
user: Please translate the following sentence from English to Chinese: COMBINED STATEMENTS OF FINANCIAL POSITION

assistant: 合併財務狀況表
user: Please translate the following sentence from English to Chinese: This Web Proof Information Pack must be read in conjunction with the section headed ‘‘Warning’’ on the cover of this Web Proof Information Pack. SUMMARY OUR BUSINESS Overview According to Euromonitor, we are a leading luxury 4S dealership group in China in terms of sales volume and number of dealership stores for BMW with a rapidly growing ultra-luxury dealership business.

assistant: 本網上預覽資料集必須與其封面「警告」一節一併閱讀。 概要 我們的業務 概覽 根據歐睿國際的資料，以寶馬汽車的銷量及經銷店數目計算，我們是一家在中國處於領先地位的豪華 4S 經銷集團，而我們的超豪華汽車經銷業務正急速增長。
user: Please translate the following sentence from English to Chinese: Understands that the declaration and representation made in the HK eIPO White Form Application Form will be relied upon by our Company in deciding whether or not to make any allotment of Offer Shares in response to such application;

assistant: 明白本公司將依賴在網上白表申請表格作出的聲明及陳述，以決定是否就該申請配發任何發售股份；
user: Please translate the following sentence from English to Chinese: possible effects on liquidity and financial position of the Group;

assistant: 對本集團流動資金及財務狀況之可能影響；
user: Please translate the following sentence from English to Chinese: Concurrently, our corporate finance advisory business as well as the placing and underwriting business have grown gradually. VBG Capital secured an engagement to act as the sponsor for a listing applicant on GEM for the first time in September 2013 where the applicant was successfully listed in January 2014.

assistant: 同時，我們之企業融資顧問業務與配售及包銷業務亦逐漸增長。 建泉融資於二零一三年九月首次爲創業板上市申請人擔任保薦人，該申請人並於二零一四年一月成功上市。
user: Please translate the following sentence from English to Chinese: For 2006, 2007, 2008 and the six months ended June 30, 2009, our revenue from property management and related services was RMB41.9 million, RMB62.0 million, RMB116.5 million and RMB80.2 million, respectively.

assistant: 於二零零六年、二零零七年及二零零八年及截至二零零九年六月三十日止六個月，我們的物業管理及相關服務收入分別爲人民幣 41,900,000元、人民幣 62,000,000元、人民幣 116,500,000元及人民幣 80,200,000元。
user: Please translate the following sentence from English to Chinese: Nature of benefits and compensation for claims

assistant: 索償的給付及補償性質
user: Please translate the following sentence from English to Chinese: Net cash used in investing activities .

assistant: 投資活動所用現金淨額 .
user: Please translate the following sentence from English to Chinese: Mr. Wong Wun Ming .

assistant: 黃煥明先生.
user: Please translate the following sentence from English to Chinese: the price of the Shares cannot be assured to stay at or above the Offer Price either during or after the stabilizing period by the taking of any stabilizing action;

assistant: 採取任何穩定價格行動，不一定能保證股份價格可於穩定價格期間或之後維持於或高於發售價；
user: Please translate the following sentence from English to Chinese: Our capital expenditures in the past mainly related to opening of restaurants in Hong Kong.

assistant: 我們過往的資本開支主要與在香港開設餐廳有關。
user: Please translate the following sentence from English to Chinese: Our overseas buyers are mainly overseas sports brands and chain-store retailers.

assistant: 我們的海外買家主要是海外運動品牌和連鎖零售商。
user: Please translate the following sentence from English to Chinese: As at 31 January 2018 HK$’000

assistant: 於 1 月 31 日 2018 年千港元
user: Please translate the following sentence from English to Chinese: However, the PRC Government reformed the exchange rate regime on 21 July 2005 by moving into a managed floating exchange regime based on market supply and demand with reference to a basket of currencies.

assistant: 然而，中國政府於2005年7月21日改革匯率機制，轉爲參照一籃子貨幣的市場供求的有管理浮動匯率機制。
user: Please translate the following sentence from English to Chinese: INDUSTRY OVERVIEW Among Asian countries, China has become a main production base for apparel products.

assistant: 行業概覽 中國已成爲亞洲各國之中的主要服裝產品生產基地。
user: Please translate the following sentence from English to Chinese: Accordingly, the Group is committed to maintaining the quality of all its products.

assistant: 因此，本集團致力維持其全部產品的質素。
user: Please translate the following sentence from English to Chinese: The amounts of deferred income tax items are as follows:

assistant: 遞延所得稅項目的金額如下：
user: Please translate the following sentence from English to Chinese: Boiling and filtering

assistant: 煮沸及過濾水冷及調味
user: Please translate the following sentence from English to Chinese: Due to strong competition in the market, we are currently less focused in this product line and our market share in the PRC in 2006 for high precision brass plates and strips was 5%.

assistant: 由於市場競爭激烈，目前本集團較少生產該產品系列，本集團高精度黃銅板帶於二零零六年獲得中國 5%的市場佔有率。
user: Please translate the following sentence from English to Chinese: III. NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (continued)

assistant: 三、簡明合併財務報表附註（續）
user: Please translate the following sentence from English to Chinese: The summarised financial statements must be accompanied by any other documents as may be required under the rules of the stock exchange of the Relevant Territory, and must be sent to those shareholders that have consented and elected to receive the summarised financial statements not less than 21 days before the general meeting.

assistant: 財務報表摘要須連同有關地區證券交易所規則可能規定的任何其他文件，於股東大會前不少於 21 日一併寄發予已同意並選擇收取財務報表摘要的股東。
user: Please translate the following sentence from English to Chinese: September 30, 2013 306,609

assistant: 2013年 9月30日 306,609
user: Please translate the following sentence from English to Chinese: Retained earnings .

assistant: 保留盈利.
user: Please translate the following sentence from English to Chinese: and (vi) prohibiting conversion of agricultural land into construction land “in the name of leasing while actually expropriating” or other illegal ways.

assistant: 及(vi)禁止以「明租實佔」或其他非法方式將農用地轉爲建設用地。
user: Please translate the following sentence from English to Chinese: In addition, actual results could differ from estimates and may have a material adverse effect on our financial condition, results of operations and cash flows.

assistant: 此外，實際業績可能與預計不同，且可能對本公司的財務狀況、經營業績及現金流量產生重大不利影響。
user: Please translate the following sentence from English to Chinese: As such, we consider that the effect of discounting the installment receivable at its present value and the related interest element is insignificant.

assistant: 因此，我們認爲按現值及相關利息部份貼現分期應收款項的影響不大。
user: Please translate the following sentence from English to Chinese: We did not pay any LAT in 2004 because the relevant PRC tax authority temporarily suspended the collection of LAT in that year.

assistant: 由於相關中國稅務機關於二零零四年暫停徵收土地增值稅，故我們於該年並無繳納任何土地增值稅。