billchoa/3036384256-COMP7607-data huggingface dataset:
user: Please translate the following sentence from English to Chinese: All the material intra-group transactions and balances have been eliminated on consolidation. Minority interests represent the interests of outside shareholders in the results and net assets of the Company’s subsidiaries.

assistant: 所有集團內公司間的重大交易及結餘已於綜合賬目時對銷。 少數股東權益指外界股東所佔貴公司附屬公司業績及資產淨值的權益。
user: Please translate the following sentence from English to Chinese: As advised by our PRC legal adviser, a hospital’s medical buildings are not permitted to be used as collateral for borrowings.

assistant: 據我們的中國法律顧問告知，不允許使用醫院的醫療建築作爲借款的抵押品。
user: Please translate the following sentence from English to Chinese: (c) the INEDs are satisfied with the Manager’s internal controls and compliance procedures, such as implementing Chinese walls, to ensure that the operation of the Manager is independent of other banking, financial services and other business functions and operations of the Deutsche Bank Group;

assistant: (c) 獨立非執行董事信納管理人之內部監控及遵例程序，例如執行「長城」保密程序，以確保管理人之營運獨立於德意志銀行集團之其他銀行、金融服務及其他業務功能及營運；
user: Please translate the following sentence from English to Chinese: INFORMATION ABOUT THE AIA GROUP AIA investment-linked products AIA investment-linked products, including variable universal life products, are insurance products where the surrender value of the policy is linked to the value of underlying investments (such as collective investment schemes, internal investment pools or other property) or fluctuations in the value of underlying investments or indices.

assistant: 有關 AIA 集團的資料 AIA 投資連繫式產品 AIA投資連繫式產品（包括變額萬用壽險產品）爲保單的退保價值與相關投資（如集體投資計劃、內部投資彙集或其他財產）的價值或相關投資的價值或指數的波動連繫的保險產品。
user: Please translate the following sentence from English to Chinese: Between 1982 and 1988, he was a chartered accountant trainee and an audit manager with Horwath International in their London and Hong Kong office.

assistant: 於 1982年及1988年期間，彼爲浩華國際倫敦及香港辦事處的見習特許會計師及審計經理。
user: Please translate the following sentence from English to Chinese: and (ii) each of the Directors, Supervisors and general manager of the Company is required to notify the Company of Shares in which he/she is interested during such time as he/she remains in office and shall not dispose of any of such Shares during the same period.

assistant: 及 (ii) 本公司各董事、監事及總經理須於其在任期間向本公司知會其擁有的股份權益，並不得於同一期間內出售任何該等股份。
user: Please translate the following sentence from English to Chinese: As our research and development capabilities continue to grow, we will focus on developing (i) signaling technology and other products for the railway sector;

assistant: 隨着研發能力不斷提升，我們會專注發展(i)鐵路的訊號技術及其他產品；
user: Please translate the following sentence from English to Chinese: Maximum potential liability:

assistant: 最高可能責任：
user: Please translate the following sentence from English to Chinese: (ii) Cancel any contract or transaction entered into between the Company and related Directors, Supervisors or senior management as well as any contract or transaction entered into between our Company and any third person when the third person knew or should have known that the Directors, Supervisors or senior management acting on behalf of our Company violated their obligations owed to our Company;

assistant: (ii) 撤銷任何由本公司與有關董事、監事或高級管理人員訂立的合同或交易，以及任何由本公司與任何第三人（當第三人明知或理應知道代表本公司的董事、監事或高級管理人員違反了對本公司應負的義務）訂立的合同或交易；
user: Please translate the following sentence from English to Chinese: or (ix) save as provided in the Share Option Scheme, the date the Grantee ceases to be a Participant for any other reason.

assistant: 或 (ix) 承授人因任何其他原因而不再成爲參與者之日（購股權計劃所規定者除外）。
user: Please translate the following sentence from English to Chinese: (ii) The Company acquired the entire interest of the subsidiaries, including Asia Harbour and Honghua Company and became the holding company on October 16, 2007.

assistant: (ii) 貴公司收購包括宏海及宏華公司在內之附屬公司之所有權益，因而於二零零七年十月十六日成爲控股公司。
user: Please translate the following sentence from English to Chinese: A substantial majority of these derivative instruments was contracted to provide hedges to structured deposit liabilities, which are deposit contracts with embedded derivatives of mainly foreign currency interest rate swaps, bond options and currency options.

assistant: 絕大部分該等衍生工具的訂立目的乃爲對沖結構性存款負債。 結構性存款負債爲附帶嵌入式衍生工具的存款合同，主要包括外幣利率掉期、債券期權及貨幣期權。
user: Please translate the following sentence from English to Chinese: This Information Pack must be read in conjunction with the section headed “warning” on the cover of this Information Pack. BUSINESS Four of our exploration licences — included on MRAM’s draft list of licences — may be included on the final list published by the Mongolian Government, potentially affecting the status of those licences under the Mining Prohibition in Specified Areas Law.

assistant: 本公司有四項勘探許可證被列入蒙古礦產資源局草擬的許可證清單中，並可能被列入蒙古政府公佈的最終清單內，因此《特定區域禁止採礦法》可能對有關許可證的狀況產生影響。
user: Please translate the following sentence from English to Chinese: We have a well-established customer base comprising domestically and internationally recognized high-end manufacturers of consumer products.

assistant: 本集團已建立了穩固的客戶基礎，當中包括國內外知名的消費品高端生產商。
user: Please translate the following sentence from English to Chinese: 21. Jade Belt Bay Phase I under construction located at the western side of Haiyang Road and the southern side of Beihuan Road Haigang District Qinhuangdao City Hebei Province The PRC

assistant: 21. 位於中國河北省秦皇島市海港區海陽路以西與北環路以南在建的玉帶灣一期
user: Please translate the following sentence from English to Chinese: Such loan facilities were secured by corporate guarantees and charges over deposit of Cordwalner Bonaventure Inc., which will lapse or be released upon the Listing.

assistant: 該貸款額度乃由公司擔保及 Cordwalner Bonaventure Inc. 的存款作爲押記抵押，公司擔保及押記將於上市後失效或解除。
user: Please translate the following sentence from English to Chinese: and in September of 2010 there were allegations that a high school student in Guangxi died after receiving a measles vaccination.

assistant: 及於二零一零年九月，有報道稱廣西一名中學生在接種麻疹疫苗後死亡。
user: Please translate the following sentence from English to Chinese: Shop A - C, G/F, Wah Ying Cheong Central Building, 158 164 Queen’s Road Central, Hong Kong

assistant: 皇后大道中分行香港皇后大道中 158-164號華英昌中區大廈地下 A-C號
user: Please translate the following sentence from English to Chinese: 1) the Note Purchase Agreement be cancelled;

assistant: (1) 註銷票據認購協議；
user: Please translate the following sentence from English to Chinese: Name of equity holder

assistant: 股權持有人名稱
user: Please translate the following sentence from English to Chinese: (v) 20,030,500 Shares each to Great Dawn Investments Limited, Green Prosper Investments Limited, and Shining Wish Investment Limited for HK$208,000,000 each;

assistant: (v) 鴻昕投資有限公司、翠亨投資有限公司及榮願投資有限公司各自以 208,000,000港元分別購買20,030,500股股份；
user: Please translate the following sentence from English to Chinese: However, subject to order made by the Hong Kong court, the contract may be avoided, i.e. cancelled by the owners’ corporation by a resolution of the owners passed at a general meeting of the owners’ corporation, only for the reason that it does not comply with the above requirements.

assistant: 然而，在不牴觸香港法院作出的命令的情況下，該合約可予廢止，即業主立案法團可僅因該合約不符合上述規定而藉在業主立案法團大會上通過的業主決議撤銷該合約。
user: Please translate the following sentence from English to Chinese: compiling statistical information and shareholder profiles;

assistant: 編制統計資料和股東資料；
user: Please translate the following sentence from English to Chinese: Reasons for disposals by Shengli Steel Pipe and terms of the acquisitions by Mr. Yan Through participation in the promotional activities organized by the local government of Shandong Province to promote investment opportunities in local and provincial enterprises, Shengli Steel Pipe was introduced by the local government officials to Mr. Yan, our Controlling Shareholder, who was engaged in investment management businesses and was looking for investment opportunities in China.

assistant: 勝利鋼管的出售理由及閆先生的收購條款 藉參與山東省地方政府爲推廣當地及省級企業投資商機而舉辦的推廣活動，勝利鋼管獲地方政府官員推薦給我們的控股股東閆先生，而閆先生乃從事投資管理業務且正在中國尋找投資機會。
user: Please translate the following sentence from English to Chinese: The property was leased by Handler Real Estate Services to China Ting Fashion Group (USA), LLC for a term of five years and three months from 1 July 2003 to 30 September 2008 at a monthly rent of US$5,625.

assistant: 該物業由 Handler Real Estate Services 出租予 China Ting Fashion Group (USA), LLC，由二零零三年七月一日至二零零八年九月三十日止，爲期五年零三個月，月租 5,625 美元。
user: Please translate the following sentence from English to Chinese: We also conduct regular training sessions for employees on accident prevention and management.

assistant: 我們亦爲僱員開展有關防止事故及管理方面的定期培訓課程。
user: Please translate the following sentence from English to Chinese: The same categories of the marketed medical devices with clear and definite working mechanisms, finalized designs and mature production technologies have been put into clinical application for years, with no record of severely adverse event and with their general purposes unchanged.

assistant: 工作機理明確、設計定型，生產工藝成熟，已上市的同品種醫療器械臨牀應用多年且 無嚴重不良事件紀錄，不改變常規用途的。
user: Please translate the following sentence from English to Chinese: (ii) place of incorporation:

assistant: (ii) 註冊成立地點：
user: Please translate the following sentence from English to Chinese: (e) this Web Proof Information Pack does not constitute a prospectus, notice, circular, brochure, advertisement or other document offering to sell any securities to the public in any jurisdiction, nor is it an invitation to the public to make offers to subscribe for or purchase any securities, nor is it calculated to invite or solicit offers by the public to subscribe for or purchase any securities;

assistant: (e) 本網上預覽資料集並非向任何司法權區的公衆提呈出售任何證券的發售章程、通知、通函、冊子、廣告或其他文件，亦非邀請公衆提出認購或購買任何證券的要約，且不旨在邀請或招攬公衆提出認購或購買任何證券的要約；
user: Please translate the following sentence from English to Chinese: (i) premiums income be recognized and measured based on an assessment of the “significance of the insurance risk” and an unbundling of different components of a contract, which requirement we have considered in preparing our consolidated financial statements included in the Accountants’ Report set forth in Appendix I to this prospectus, (ii) acquisition costs for new insurance contracts be expensed in the income statement for the current period, instead of being deferred and amortized over the expected life of such insurance contracts, and (iii) actuarial reserves be measured based on the principle of “best estimates”, as opposed to our current practice of measuring reserves based on assumptions established at the inception of long-term life insurance contracts with no subsequent changes unless our liability adequacy tests reveal a deficiency in such reserves.

assistant: (i)保費收入須根據對重大保險風險測試及將合同分拆爲不同部分來確認及計量，本公司於編制本招股書附錄一載列的會計師報告所收錄本公司合併財務報表時已考慮有關規定，(ii)新保險合同的獲得成本須在當期利潤表中支銷，而不可於該等保險合同的預計年期內遞延及攤銷，及(iii)採用基於「最佳估計」原則下的準備金評估標準，而本公司目前的做法是根據在長期壽險合同開始時所設定的若干假設評估準備金，除非本公司的負債充足性測試顯示準備金不足，否則對該等假設不作改變。
user: Please translate the following sentence from English to Chinese: At the date of this report, the International Accounting Standards Board has issued the following new and revised standards, amendments and interpretations which are not yet effective:

assistant: 於本報告日期，國際會計準則委員會已頒佈下列尚未生效的新訂及經修訂準則、修訂本及詮釋：
user: Please translate the following sentence from English to Chinese: Notes: (1) The first lease at the Metropolis Tower commenced on 6 August 2002.

assistant: 附註： (1) 于都會大廈之首項租約由二零零二年八月六日起開始生效。
user: Please translate the following sentence from English to Chinese: We compete primarily on the basis of capital base, relationships with cooperating banks, customer service, pricing and terms and brand name.

assistant: 我們的競爭主要涉及資本基礎、與合作銀行的關係、客戶服務、價格及條款、及品牌。
user: Please translate the following sentence from English to Chinese: The term “management organ” has not yet been defined by the PRC government.

assistant: 中國政府尚未界定「管理機構」一詞。
user: Please translate the following sentence from English to Chinese: The relevant Grantees and their respective associates shall abstain from voting at any such shareholders’ meeting to approve the cancellation and any vote taken at the general meeting for approving such cancellation shall be taken by poll.

assistant: 有關承授人及彼等之聯繫人須於批准註銷而舉行之股東大會上放棄投票。 於會上就批准上述註銷而進行之任何表決必須以按股數投票形式進行。
user: Please translate the following sentence from English to Chinese: We continue to invest in technological advancements so as to support the growth of our businesses. Our Bank has established a sound technology management structure and procedures and has developed its research and development capabilities. A summary of the key measures in relation to our IT management and operational reform since 2008 is set out below:

assistant: 本行將「科技引領業務」定位爲信息科技工作的總體戰略目標，本行持續進行科技投入，全力支援業務的迅速發展，建立了科學合理的科技管理架構和流程，逐步建立了自主研發能力，自2008年以來本行的信息科技管理及運營改革主要措施概況如下： 2008年
user: Please translate the following sentence from English to Chinese: Therefore, we intend to further improve our performance to further advance our leading position in the PRC special steel market by the following: Organic growth through broadening our customer base and product range and increasing sales to existing customers Increase product range and specifications We are in the process of developing alloy-structured steel.

assistant: 因此，我們相信本集團坐擁龐大的市場商機，當可在中國以至國際市場大展拳腳，所以我們計劃透過下列計劃來進一步改善表現，提升我們在中國特殊鋼市場的領導地位： 透過擴闊客戶羣、增加產品種類以及提高對現有客戶的銷售來實現自然增長 增加產品種類及規格 我們正進行合金結構鋼的開發。
user: Please translate the following sentence from English to Chinese: (v) important technical terms, symbols, codes and drafting methods in common use;

assistant: (v)一般用途的重要技術詞彙、標誌、守則及草擬方式；
user: Please translate the following sentence from English to Chinese: 11. Miscellaneous

assistant: 11. 其他事項
user: Please translate the following sentence from English to Chinese: .14.3 times Adjusted net tangible asset value per Share (Note 6) .

assistant: 14.3倍 每股經調整有形資產淨值（附註 6）.
user: Please translate the following sentence from English to Chinese: Therefore, it is difficult to change our plans with respect to the use of funds or capital expenditure plans once the relevant funds have been remitted from our Company to our PRC subsidiaries.

assistant: 因此，本公司向我們的中國附屬公司匯出資金後，將難以改變有關資金用途的計劃或資本開支計劃。
user: Please translate the following sentence from English to Chinese: Changes of laws and regulations with respect to pre-sale may adversely affect our cash flow position and performance;

assistant: 有關預售的法律及法規變更可能會對我們的現金流量狀況及表現造成不利影響；
user: Please translate the following sentence from English to Chinese: Note 3 By way of background information, the PCT is administered by the the World Intellectual Property Organisation.

assistant: 附註3 就作爲背景資料而言，專利合作條約乃由世界知識產權組織管理。
user: Please translate the following sentence from English to Chinese: III. Regulatory Rules on Listed Companies;

assistant: III. 《上市公司治理準則》；
user: Please translate the following sentence from English to Chinese: (iii) the execution and delivery of the International Underwriting Agreement on or around the Price Determination Date;

assistant: (iii) 於定價日或該日期前後簽署及交付國際包銷協議；
user: Please translate the following sentence from English to Chinese: We do not and, for the foreseeable future, will not have a suÇcient management presence in Hong Kong for the purpose of satisfying the requirements under Rule 8.12 of the Listing Rules.

assistant: 本集團現時並無以及於可見將來也不會有足夠管理人員駐於香港，以滿足上市規則第 8.12 條的規定。
user: Please translate the following sentence from English to Chinese: As advised by our PRC legal advisers, Commerce & Finance, since Guangdong Guangchang has paid the fine and obtained the land use right certificate, Guangdong Guangchang will not be subject to any further fines or penalties in this regard

assistant: 據我們的中國法律顧問通商告知，鑑於廣東廣昌已支付罰款並已取得土地使用證，廣東廣昌將不會因此遭受任何進一步罰款或處罰
user: Please translate the following sentence from English to Chinese: (b) Useful lives and residual value of property, plant and equipment The Group’s management determines the residual value, useful lives and related depreciation charges for its property, plant and equipment.

assistant: (b) 物業、廠房及設備的可使用年期及剩餘價值 貴集團的管理層就其物業、廠房及設備釐定剩餘價值及可使用年期來確定折舊費用。
user: Please translate the following sentence from English to Chinese: (b) any taxation which might be payable by any member of the Group (i) in respect of any income, profits or gains earned, accrued, or received or deemed to have been earned, accrued or received on or before [●];

assistant: (b)本集團任何成員公司就(i)於[●]或之前，賺取、應計或收取，或被視作已賺取、應計或收取的任何收入、盈利或收益；
user: Please translate the following sentence from English to Chinese: These markets have a high demand for coal and are large coal importers because of their limited coal resources.

assistant: 該等市場對煤炭需求極大，而由於其煤炭資源有限，因此需大量進口煤炭。
user: Please translate the following sentence from English to Chinese: Annual management fees are computed at the predetermined contract rate and are charged at the end of each month.

assistant: 年度管理費於每月月底根據約定合同費率計提。
user: Please translate the following sentence from English to Chinese: Another example is the combined debit and credit card, which we believe we were the first in the industry to launch and which combines a debit account with a credit account by utilizing advanced real-time interaction technology.

assistant: 我們相信本行在業內率先推出存貸合一卡，通過即時互動技術實現借貸賬戶雙賬戶合一的功能。
user: Please translate the following sentence from English to Chinese: In addition, we have continued to conduct assessments on the location and surrounding retail environment before a POS is opened.

assistant: 此外，我們於銷售點開業前持續評估其位置及鄰近零售環境。
user: Please translate the following sentence from English to Chinese: Any distributable proÑts that are not distributed in a given year are retained and available for distribution in subsequent years.

assistant: 任一年度未分配的可供分配利潤可被保留，並在以後年度分配。
user: Please translate the following sentence from English to Chinese: The bank has agreed to release the guarantee given by Real Reward and replace the same with the new guarantee of the Company upon Listing subject to the fulfilment of certain conditions.

assistant: 該行已同意免除 Real Reward所作擔保，並於上市時以本公司之新擔保取代，惟須符合若干條件。
user: Please translate the following sentence from English to Chinese: Guangzhou Mengniu Dairy Trading Co.,

assistant: 廣州市蒙牛乳業貿易　有限公司 .
user: Please translate the following sentence from English to Chinese: As of December 31, 2003, ﬁxed deposits at commercial banks, government bonds, ﬁnance bonds for government projects, corporate bonds of state-owned companies and equity investment funds investing in shares of companies listed on the Shanghai and Shenzhen stock exchanges accounted for approximately 50.2%, 24.5%, 12.3%, 6.9% and 2.9%, respectively, of our total investment assets.

assistant: 截至 2003 年 12 月 31 日，本公司在商業銀行的定期存款、政府債券、政府項目金融債券、國有公司之企業債券和投資於上海和深圳證券交易所上市公司股票的證券投資資金大約分別佔本公司投資資產總額的 50.2% 、 24.5% 、 12.3% 、 6.9% 和 2.9% 。
user: Please translate the following sentence from English to Chinese: Sales were conducted in the normal course of business at terms the same as those charged to and contracted with other third party customers.

assistant: 銷售乃於其一般業務過程中進行，條款與向其他訂約之第三方客戶提供者相同。
user: Please translate the following sentence from English to Chinese: and (ii) the increase in profit from approximately HK$10.5 million for the year ended 31 March 2015 to approximately HK$12.5 million for the year ended 31 March 2016 due to the aforementioned reasons.

assistant: 及 (ii) 由於上述原因，溢利由截至二零一五年三月三十一日止年度的約 10.5 百萬港元增加至截至二零一六年三月三十一日止年度的約 12.5 百萬港元。
user: Please translate the following sentence from English to Chinese: and (iv) Longhu Land is a Sino-foreign cooperative enterprise established in accordance with the laws of the PRC and owned as to 5% by Chongqing Longhu Properties Co. Ltd. and 95% by Jiaxun Land Company Limited.

assistant: 及 (iv) 興龍湖置地爲一家根據中國法律成立的中外合作經營企業，分別由重慶龍湖地產發展有限公司及嘉遜置地有限公司擁有其5%及95%的權益。
user: Please translate the following sentence from English to Chinese: 4. We have been provided with a legal opinion regarding the property interest by the Company’s PRC legal advisers, which contains, inter alia, the following:

assistant: 4. 吾等獲貴公司中國法律顧問提供有關物業權益的法律意見，其中包括：
user: Please translate the following sentence from English to Chinese: Depreciation of other property, plant and equipment is calculated using the straight-line method to allocate their costs to their residual values over their estimated useful lives, as follows:

assistant: 其他物業、廠房及設備的折舊乃採用直線法於估計可使用年期內將成本分攤至其剩餘價值，詳情如下：
user: Please translate the following sentence from English to Chinese: The sale of the relevant H Shares by the Selling Shareholder has been approved by SASAC and CSRC. SASAC has also approved the allocation of the relevant H Shares to the NSSFC and, pursuant to NSSFC’s authorisation given to the Company, the relevant H Shares are being sold by the Selling Shareholder (acting through the Company) on behalf of the NSSFC.

assistant: 銷售股東出售有關 H股已經獲國資委及中國證監會批准。 國資委已批准將有關 H股分配予社保基金及，根據社保基金給予本公司之授權，有關 H股將會由銷售股東（經本公司行事）代表社保基金出售。
user: Please translate the following sentence from English to Chinese: We vary the frequency of our television advertising depending on whether the product is mature or newly launched.

assistant: 本集團根據產品是已成熟或新推出，改變電視廣告的頻率。
user: Please translate the following sentence from English to Chinese: OUR BUSINESS No waivers applied for certain categories of connected transactions We have notified the Stock Exchange in relation to Categories 1 to 9 that no waivers are applied for.

assistant: 本公司的業務 若干類別關連交易並無申請豁免本公司已知會聯交所就第1類至第9類並無申請豁免。
user: Please translate the following sentence from English to Chinese: The average daily room rate of five-star hotels in Tianjin increased steadily in recent years.

assistant: 天津五星級酒店的平均每日房租近年穩步增長。
user: Please translate the following sentence from English to Chinese: NOTES TO THE FINANCIAL INFORMATION

assistant: 財務資料附註
user: Please translate the following sentence from English to Chinese: 1. Advertising, publicity and marketing services;

assistant: 1. 廣告、宣傳及市場推廣服務；
user: Please translate the following sentence from English to Chinese: The PBOC again increased the one-year lending rate six times in 2007 from 6.12% to 7.47% in December 2007.

assistant: 於 2007 年，中國人民銀行又六次上調一年期貸款利率基準，由 6.12% 上調至 2007 年 12 月的 7.47%。
user: Please translate the following sentence from English to Chinese: have a valid Hong Kong identity card number;

assistant: 擁有有效的香港身份證號碼；
user: Please translate the following sentence from English to Chinese: OPINION OF OUR DIRECTORS Our Directors (including our independent non-executive Directors) are of the view that (i) each of the continuing connected transactions as set out above has been entered into, and will be carried out, during the ordinary and usual course of business and on normal commercial terms or better;

assistant: 我們董事之意見 我們的董事（包括我們的獨立非執行董事）認爲 (i)上文所載各項持續關連交易乃於一般及日常業務過程中按正常或更佳的商業條款訂立及進行；
user: Please translate the following sentence from English to Chinese: Summary of combined results of the Group

assistant: 本集團的合併業績概要
user: Please translate the following sentence from English to Chinese: BUSINESS The contracting fees payable to Wenzhou No. 2 for mining works recorded in our consolidated statements of comprehensive income for the three years ended 31 December 2011 were approximately RMB39.3 million, RMB32.6 million and RMB36.8 million, respectively.

assistant: 業　務 截至2011年12月31日止三個年度，我們於綜合全面收入表錄得就採礦作業應付予溫州第二的承包費用分別約爲人民幣39.3百萬元、人民幣32.6百萬元及人民幣36.8百萬元。
user: Please translate the following sentence from English to Chinese: Net book value as at 31 December 2008

assistant: 於 2008 年 12 月 31 日的賬面淨值 加：
user: Please translate the following sentence from English to Chinese: PROPERTY VALUATION Capital value in existing state as at 30 September 2011 RMB No commercial value No commercial value

assistant: 物業估值 於二零一一年九月三十日現況下的資本值人民幣元無商業價值 無商業價值 無商業價值
user: Please translate the following sentence from English to Chinese: Under the relevant laws and regulations of the PRC, the Domestic Shares held by the Promoters are subject to Article 147 of the Company Law which provides that the promoters’ shares of a joint stock limited company are not transferable for a period of three years from the date of incorporation of such company.

assistant: 根據中國法律及法規，發起人持有之內資股須符合公司法第 147條之規定，股份有限公司之發起人股份自該公司註冊成立日期起計三年內不得轉讓。