Model of Financing Strategy

Considering information asymmetry between inside and outside of the firms,this paper discusses the financing strategy of M&A,and builds a model.According to the model,we can see that the firm with relatively expected low-productivity will choose equity financing for M&A,and the firm with relatively expected high-productivity will choose debt financing for M&A,and the firm with expected medium-productivity will not choose financing from outside.In the case of undeveloped capital market and financing tools in China,the conclusion of the model has some extent significance for helping firms to choose financing strategy for M&A rationally.     

Analysis on Micro-structure of TiN Thin Film and Polyimide with AFM

The study in molecular morphology is given with a highresolution Atomic Force Microscope AFM.IPC-208B.By taking TiN thim film prepared by magnerton sputtering method and polymide(PI) fibre for examples,the preferenthal growing plme of TiN thin film,the atomic arranges of TiN thin film on the preferential growing plme and the surficial micro-structure can be ascertained form the three-dimensional images obtamed by AFM.IPC-208B.These experiments not only identify small structures of the materials,but also affirm that AFM.IPC-208B holds the precision of atomic level and potential application in micro-structure field,at the same time it establishs the groundwork for the application in micro-process kingdom.     

Work-hardening Mechanism of Non-magnetic High Manganese ZG25Mn18Cr4 Castings

The important character of non-magnetic high manganese ZG25 Mn18Cr4 alloy is rapid work-hardening under external stress. With X-ray diffraction and TEM analysis, it is proved that the microstructures of both undeformed and deformed matrixes are austenite and carbide with some striation structure in the matrixes, the amount of stripes in the deformed matrix is obviously more than that in the undeformed matrix. Electronic diffraction analysis confirmed that the stripes in coarse austenite grains are high density lamination fault sheets. A great deal of lamination fault sheets produced by plastic deformation divides up austenite matrix, shortens the free distance of dislocation movement and results in the rapid work-hardening of ZG25Mn18Cr4 alloy.     

Building Enviornmental Monitoring System With COM

This article presents an implement of component using COM technology for collecting environmental monitoring data in environment monitoring system. The component makes the separation of data collection and data analysis available.Simultaneously by using the interface of connectable object in COM,itmakes the cooperation of the environment monitoring software with other parts of fault management software available,and also the seamless connection.It improves the system's performance by adding extensibility and potential cooperatibility.     

Research on a Novel Inverter of VSC

In order to improve waveform performance of light HVDC system, a lot of switches which operate in high frequency are used, which causes large switching losses and results high cost. A new Buck type voltage source converter(BVSC) is proposed. The new BVSC comprises a dual-buck converter and a three-phase inverter operating in grid frequency. Only two high frequency switches are used, which results good output waveform performance. In order to reduce the high frequency switching losses, a novel improved double-frequency Buck type voltage source converter(DBVSC) is also proposed. An additional dual-Buck converter is added to the BVSC, the added dual-Buck converter deals with the fundamental power that operates in low frequency, and BVSC only deals with harmonic power that operates in high frequency. The output waveform is enhanced and the switching losses are reduced in DBVSC, and the power rating is also increased. The DBVSC is very suitable for large power rating application. The one cycle control theory is adopted to control the proposed DBVSC with analog circuit, which is very simple. The proposed DBVSC and control method are verified by simulation.     

Experimental Research on High-strength Inorganic Anchoring Material

A new type of inorganic anchoring material is developed as a substitution for anchoring adhesive to overcome some imperfections in the process of planting reinforcing steel bar.The mix proportion of the anchoring material is determined by experiments.The compressive strength,adhesive force to concrete,volume stability and anchoring force with steel bar are studied.The early strength of the anchoring inorganic material is quite high: for 1d up to 38.5MPa and 3d up to 60MPa.It is a good adhesive to concrete and the adhesive strength of 28d is about 2MPa.The anchoring material will have tiny volume expansion with the age,which is beneficial to enhancing the anchoring force.The essential component of the inorganic anchoring material is cement-based material,so some defects of the organic macromolecular material can be avoided,such as poor stability and requirement for vigorous construction conditions.Its characteristics in early strength,adhesive force to concrete and volume expansion can satisfy the requirement of the construction to the planting reinforcing steel bar and the loading force,thus it can be used as a substituting material for anchoring adhesive.     

Study on DAQ System by Using LabVIEW

Dong village is very valuable for research work because of its special regional and national character and rich cultural implication. In this paper, some information about the location, form and features of Dong village is given. Then, the relationship between the culture and the settlement is analyzed, which provides a clue for understanding Dong village and will be beneficial to creating modern human settlements.     

Application of Wavelet Transform to De-noising Method

The wavelet transform is a new subject developed quickly in the past ten years. Compared with the Fourier transform, the wavelet transform is a part of time-frequency transform. The most important character is that it can be used to transform a signal into basic units at different scales and location, each unit represents a component of original signal difference from others. The wavelet transform has been proven to be a powerful and efficient tool for processing signal due to this character. This paper introduces the de-noising principles of the wavelet transform. It is proved to be an effective method by the simulating analysis.