上市公司國(guó)有股權(quán)轉(zhuǎn)讓問(wèn)題

上市公司國(guó)有股權(quán)轉(zhuǎn)讓問(wèn)題研究武漢華銳管理咨詢有限公司張瀚云2004年9月20日來(lái)源

2003年6月11日，*ST明珠發(fā)布公告稱，收到國(guó)資委同意大股東將其持有的*ST明珠4863.8萬(wàn)股國(guó)家股分別轉(zhuǎn)讓給山東兩家公司的批復(fù)，這是國(guó)資委掛牌后批準(zhǔn)的首家涉及國(guó)有股權(quán)轉(zhuǎn)讓的上市公司，同時(shí)，深圳市和上海市政府也在新聞媒體上公告加速上市公司國(guó)有股權(quán)的轉(zhuǎn)讓及合理配置工作，這些都標(biāo)志著新型國(guó)有資產(chǎn)管理格局基本形成，上市公司國(guó)有股權(quán)轉(zhuǎn)讓逐步納入有法可依、有章可循的有序化發(fā)展的軌道。在國(guó)有經(jīng)濟(jì)戰(zhàn)略調(diào)整的背景下，新一輪上市公司國(guó)有股權(quán)轉(zhuǎn)讓潮來(lái)臨之際，關(guān)注國(guó)有股轉(zhuǎn)讓中存在的問(wèn)題，分析如何形成規(guī)范化的轉(zhuǎn)讓規(guī)則，都成為值得我們深入研究的課題。問(wèn)題的提出上市公司國(guó)有股權(quán)轉(zhuǎn)讓的政策和趨勢(shì)目錄一、上市公司國(guó)有股權(quán)轉(zhuǎn)讓相關(guān)政策的回顧二、近期法規(guī)對(duì)國(guó)有股權(quán)轉(zhuǎn)讓活動(dòng)的推動(dòng)三、國(guó)有股權(quán)轉(zhuǎn)讓活動(dòng)的趨勢(shì)分析四、存在的問(wèn)題五、需要重視的問(wèn)題本旅資若料際來(lái)趟源上奸市盡公甩司氏國(guó)椒有迷股顛權(quán)溝轉(zhuǎn)蜘讓翁的敞政皮策酸演鬧變國(guó)預(yù)有夏股妙權(quán)貢轉(zhuǎn)煮讓悠的雪發(fā)脈展政診策州演植變萌話芽亂階努段椅（榨1裹9竊9著4惑~拾2宋0觀0排0掘.煙8早）恒墻通燙協(xié)售議權(quán)受啦讓海S妥T山棱懶光資帶產(chǎn)商運(yùn)閃作奴、紅借攏殼漸上災(zāi)市否再定怒階所段程（訊2細(xì)0洗0容0漲.猶8狐-賄2穿0巧0萌2殲.銳6驢）活胞躍遷階攏段拜（鑼2誰(shuí)0多0敬2表.億6湖~哀2幫0維0就3盤(pán).闖6偏）方荷向采光莊電眨轉(zhuǎn)噴讓父國(guó)壩有郵股升權(quán)同球業(yè)赴兼粉并倆、滿外域資違并顯購(gòu)餃、仙行晉業(yè)顧重桃組發(fā)偉展豬階漫段修（互2肉0墾0現(xiàn)3珠.善6崇~呀至扒今室）S亮T姑明槐珠瓶國(guó)蛙有耐股在轉(zhuǎn)洋讓國(guó)街民籠經(jīng)插濟(jì)污戰(zhàn)昏略痛調(diào)釘整模國(guó)章退肯民廚進(jìn)謹(jǐn)黃慎困對(duì)走待~怖~高《遣公倒司局法普》~寫(xiě)~柳《愚股油份錢有跌限絞公誼司養(yǎng)國(guó)孝有尺股濁股譽(yù)東行稅使滋股漿權(quán)礎(chǔ)行釘為墳規(guī)憶范鋪意灣見(jiàn)攏》~巨~別《甘關(guān)熟于店股膛份諷有嶺限桃公曠司械國(guó)龜有位股朱權(quán)管濫理把工糊作霞有愧關(guān)挺問(wèn)些題敢的學(xué)通巨知嘴》全孔面暴暫?jiǎn)瓮Ｒ繉?dǎo)棍推駐動(dòng)~祖~橡《登上個(gè)市地公腎司凍收掩購(gòu)良管蛛理門(mén)辦滲法舍》~竄~《壩關(guān)研于吼向噴外偽商門(mén)轉(zhuǎn)址讓牛上方市摧公蘆司嘴國(guó)騎有檢股和掘法服人過(guò)股字有潮關(guān)拿問(wèn)豬題稱的享通巖知待》規(guī)熟范善化~罵~《理企決業(yè)改國(guó)越有旁資賣產(chǎn)踐監(jiān)網(wǎng)督頃管矮理恩暫另行孝條本例墓》~蘿~《臉上孤市盯公脆司南國(guó)雙有倍股溉轉(zhuǎn)王讓登的意指負(fù)導(dǎo)戶意蠻見(jiàn)送》互杜動(dòng)上劃市附公階司掘國(guó)抹有鳳股全權(quán)覽轉(zhuǎn)無(wú)讓茶的隆監(jiān)腎管加層國(guó)茫有問(wèn)股港權(quán)勾轉(zhuǎn)姐讓責(zé)的現(xiàn)濃有隊(duì)監(jiān)社管箏體襖系證冶監(jiān)訊會(huì)交北易豬所經(jīng)吉貿(mào)蛋委外勒經(jīng)蘭貿(mào)磨部（驚財(cái)外政龜部競(jìng)）國(guó)親資嚴(yán)委其伶他挨部現(xiàn)門(mén)上蜻市在公云司拜股椒權(quán)鄉(xiāng)豐轉(zhuǎn)棉讓斥的恒監(jiān)么管仇部據(jù)門(mén)償:轉(zhuǎn)暴讓翼行放為諷的魚(yú)實(shí)巡壽質(zhì)徒性裁、筋合量規(guī)駁性侮審誰(shuí)查抗；強(qiáng)勒調(diào)嘆保梯護(hù)拆“弱中坑小羅投郊資月者懼的輪利夾益鞠”淺。信縣息膨披奪露那合系規(guī)尚性動(dòng)審川查漠；維最持損證研券愿交躲易碼公載平獵。外憑資恩收欄購(gòu)君是通否茫符渣合外苗商諒?fù)端踪Y凝產(chǎn)羅業(yè)嶄政克策叫。特庸殊劃行方業(yè)坐準(zhǔn)羞入搜限佛制同監(jiān)臂管國(guó)怒有另股陣權(quán)棉轉(zhuǎn)舒讓蔑的燒核稍心鍋管己理握部頓門(mén)澆：股養(yǎng)權(quán)沙轉(zhuǎn)程讓修性羊質(zhì)巷的瞧界趙定蘇；強(qiáng)堂調(diào)昨“口國(guó)港有味資懷產(chǎn)委保陸值福增博值串”帳。上迷市飾公泛司樂(lè)國(guó)芳有司股專權(quán)亦轉(zhuǎn)筍讓留監(jiān)丟管藍(lán)的仆法穩(wěn)規(guī)年體緩系監(jiān)伍管叼部造門(mén)籮主國(guó)要涉法頂規(guī)版依緩據(jù)《費(fèi)公揚(yáng)司氧法壯》誘、援《像證浴券款法騾》證膝監(jiān)描會(huì)逢《辜上槐市學(xué)公護(hù)司買收趕購(gòu)揭管聽(tīng)理吳辦游法揀》《物上真市乎公估司睬股溜東澆持蘋(píng)股循變微動(dòng)恩信杰息頌披任露館管龍理浙辦壇法與》《撲上宜市擇公缺司闊收愁購(gòu)更管哪理顧辦捎法鹿》交枕易敢所駱《撕上槳市響公廟司逝股緩東復(fù)持枝股輔變顫動(dòng)抓信彈息照披后露泊管值理凱辦秒法箭》《等股道票閥上風(fēng)市辭規(guī)蛋則貨》《者上切市褲公覺(jué)司努非獵流件通帽股墾協(xié)連議惑轉(zhuǎn)氏讓條業(yè)隔務(wù)楚辦絕理索規(guī)歇?jiǎng)t痰》《希股括份那有幟限圣公片司脊國(guó)裙有志股倆股居?xùn)|咬行跌使銳股仇權(quán)乒行憤為黑規(guī)搖范規(guī)意泰見(jiàn)頂》財(cái)夾政所部餃《霧關(guān)疲于身股騾份鵝有教限柱公傾司握國(guó)今有晝股耗權(quán)釀管草理繞有討關(guān)攝問(wèn)理題躺的毫通蹲知顧》國(guó)名資粉委疫《畝企冰業(yè)游國(guó)拆有愧資初產(chǎn)挎監(jiān)陷督遲管爸理飾暫汪行攤條非例狀》《嶄關(guān)址于扶企疫業(yè)宅國(guó)降有奸產(chǎn)隙權(quán)鑼轉(zhuǎn)拖讓勾有攪關(guān)匆問(wèn)托題籠的繪通敏知雜》經(jīng)旅貿(mào)肯委沫《站外假商拾投評(píng)資腸方龍向魯規(guī)流定唇》《掉外幫商告投沃資販產(chǎn)江業(yè)但指企導(dǎo)討目柄錄抽》外葵經(jīng)鐵貿(mào)隆部太《儉關(guān)礎(chǔ)于喊向狐外狗商炒轉(zhuǎn)妖讓杠上難市屬公冒司典國(guó)簡(jiǎn)有永股森及浴法值人葉股管有努關(guān)批問(wèn)流題昏的碰通含知重》《賞關(guān)圈于熔上委市截公么司柳涉憂及襲外表商姓投辯資研有少關(guān)踢問(wèn)仍題磁的商若壇干城意斧見(jiàn)瘋》兩喝點(diǎn)間總尋結(jié)上寺市窗公紐奉司儲(chǔ)國(guó)謹(jǐn)有詠股董權(quán)餓轉(zhuǎn)姥讓寶的牧政循策親演自進(jìn)窩與沈國(guó)芳有甚經(jīng)律濟(jì)文布窄局哄調(diào)彈整壯密曬切搶相偉關(guān)淹。上水市擊公齒司伸國(guó)得有抽股板權(quán)兩轉(zhuǎn)丘讓盆的謀實(shí)胃踐威活訊動(dòng)歸與罷相表關(guān)著制劃度扁的泄供臣給曉互傳動(dòng)孝發(fā)幼展囑。推賄動(dòng)鳴作親用醋之視一寬遠(yuǎn)松微的鴨政達(dá)策蒙環(huán)窯境丹有閥利聞?dòng)趫?jiān)轉(zhuǎn)源讓郵行爺為至的長(zhǎng)活寸躍受茂讓枝方主板體為資株格收放儉寬綠，蹈明釀確走了狗自其然缸人活、厲管哪理啊層汪、棵外燦資受祝讓的娃合壩法細(xì)地體位剪。受咽讓痰方主鐵體弦范進(jìn)圍浸擴(kuò)襖大跟，饅可彩以文吸慮引飼更罷多視有述實(shí)園力觀的乖市沾場(chǎng)宮主點(diǎn)體衫進(jìn)帝入史證鉆券醒市頭場(chǎng)蠟，員促兼使覺(jué)上批市紙公誰(shuí)司畫(huà)的燭國(guó)拖有氏股導(dǎo)權(quán)墻轉(zhuǎn)躬讓惰的欠活電動(dòng)援更盟加潛活示躍柔。推繳動(dòng)零作爸用你之斜二明剪確強(qiáng)的碌操脈作星指妻引宗促共進(jìn)縮慧國(guó)懸有窄股不權(quán)吼轉(zhuǎn)畏讓育的鑒健需康滴發(fā)薄展近架期刊頒筒布派的餐法障規(guī)摟與出既籮有野法歐規(guī)他互閉為盟補(bǔ)鞋充啞、燭互約為巴銜違接魔，共初痛步踩形創(chuàng)成示了畝比旬較斤完健善沙的卸上慣市芒公房誠(chéng)司搞國(guó)護(hù)有究股眾權(quán)草轉(zhuǎn)嚇讓游的海法樸律盤(pán)框糟架杏。一礙改濤原莊有確法燙規(guī)喬粗紙線甚規(guī)慎定冒的凍特鎮(zhèn)點(diǎn)澆，息為州上田市恩公問(wèn)司駐國(guó)旺有倡股置權(quán)揚(yáng)轉(zhuǎn)乖讓映提削供像了織明葡確廈的閣操變作地指壤引刮，爛激流發(fā)堅(jiān)轉(zhuǎn)綢讓響活競(jìng)動(dòng)味的龍發(fā)剪生怕。明綿確教規(guī)影定雅了潔國(guó)講有勇股罰權(quán)代轉(zhuǎn)慚讓攝的蜜申肥請(qǐng)沙豁懲免衣權(quán)同，摸降碑低短轉(zhuǎn)糾讓諷成撲本冠。推塔動(dòng)閃作埋用候之憐三透喪明盯的其信嬌息參披鈴露繁制繭度套有找利禽于栽國(guó)任有概股濃權(quán)劇定晴價(jià)涉巷及董上遞市凝公瀉司翅國(guó)毒有冠股債權(quán)廟性熔質(zhì)站變格化互的匹轉(zhuǎn)開(kāi)讓到劑產(chǎn)險(xiǎn)權(quán)絮交肉易衣所仿進(jìn)便行刑公施開(kāi)饑交凍易儀，攀是竊國(guó)趕有鞠產(chǎn)柜權(quán)勤交倘易描通秀過(guò)費(fèi)更罩加石公霜開(kāi)育、估更晚加尖透豈明艷的鳥(niǎo)市麻場(chǎng)氣化盞方腳式仇，牌使煉國(guó)冤有恩資療產(chǎn)嫁定艱價(jià)縣更岸加肉合傅理動(dòng)。產(chǎn)言權(quán)碎轉(zhuǎn)資讓尊方釣案渾過(guò)惕程紀(jì)中坑中趟介舉機(jī)澆構(gòu)殘的好引益入命了匠表夜明否了兼國(guó)秀有惑產(chǎn)堵權(quán)樓改檔革江將近采通取讓更綁加替開(kāi)倦放戶的黨態(tài)責(zé)度厘，虜以鹽吸誕取株社絨會(huì)亮各灣方揀智邊慧搶推尿進(jìn)筆國(guó)浮有乓產(chǎn)頸權(quán)誼改趁革誤的樣順缸利宇進(jìn)期行吩。轉(zhuǎn)予讓璃款枯項(xiàng)吳需族全礦額賊現(xiàn)頂金期支蘇付怠，拿對(duì)藥受酷讓眉方禽的鴨實(shí)炒力旋要鳳求行提懷高荒。國(guó)搜有咸股譽(yù)權(quán)喝轉(zhuǎn)紫讓浴活交動(dòng)勾的牽趨妄勢(shì)參分鼓析轉(zhuǎn)月讓購(gòu)目喂的填健舅康塑化轉(zhuǎn)箭讓標(biāo)活貿(mào)動(dòng)名中倍短步期帖行偶為火少足；財(cái)拜務(wù)判導(dǎo)粥向姜演仰變杠為拴戰(zhàn)介略棋導(dǎo)嚇向剃；投緊機(jī)憐趨鬧動(dòng)醒演匯變傾為廈產(chǎn)存業(yè)暴趨餅動(dòng)孫。針?biāo)鼘?duì)裂一虎些謠“臟小乳、朵弱姓、掌病繳”社的肌保穩(wěn)“漫殼翠”癥轉(zhuǎn)板讓合在雪一敲定紗時(shí)挨期手內(nèi)催仍殿存蘆在活，傍但炎更坊多非優(yōu)充勢(shì)回互糾補(bǔ)他、蘭強(qiáng)諸強(qiáng)抹聯(lián)帆合故的側(cè)國(guó)銀有勿經(jīng)些濟(jì)梳戰(zhàn)施略作性籮轉(zhuǎn)擾讓刊案末例國(guó)大有表股貸權(quán)嚼轉(zhuǎn)世讓免活院動(dòng)貫的圍趨獸勢(shì)堆分視析轉(zhuǎn)首讓時(shí)行財(cái)為圣規(guī)艇范鍛化原乒國(guó)底有密股宰權(quán)晴轉(zhuǎn)睛讓押的券灰糕色咐行惹為夏得寨到冊(cè)規(guī)害范祥；司攤法館轉(zhuǎn)和讓股條權(quán)優(yōu)托閘管信歸息浸披雖露桐更夫加滅及姿時(shí)菌充察分產(chǎn)盞權(quán)害交絡(luò)易旁所證枯券壓交街易復(fù)所國(guó)旦有向股聞權(quán)指轉(zhuǎn)圖讓白活擦動(dòng)艦的摧趨蜻勢(shì)要分細(xì)析轉(zhuǎn)率讓仁方孝式霞多湖樣困化S臭T置樺螺林云被磚新吵加率坡披佳花通水輪晨胎按(足中孟國(guó)開(kāi))挽投順資名有稠限里公指司遠(yuǎn)通托過(guò)秩競(jìng)小拍貓收挽購(gòu)呀4家4莖.皇4釘3梨%灰股拐權(quán)講，屆標(biāo)討志庫(kù)著雅外思資家競(jìng)鈴購(gòu)批上彼市組公狐司佩國(guó)棗有樂(lè)股破已委成抵為寺可候能宗；T主C先L沫集音團(tuán)成股桌份觀有單限訓(xùn)公妖司到吸融收朝合確并辭上李市紗公路司示T裹C夜L般通憲訊燙，堂母吳公驗(yàn)司代吸恭收嫁合羞并伏子浙公變司新，統(tǒng)實(shí)卵現(xiàn)油集駱團(tuán)排公古司永整濕體新上亞市秀；南座京醫(yī)新腐百豪國(guó)江有竹股氧在寬地膊方吹產(chǎn)播權(quán)屑交碧易推中僻心抓掛供牌蘆轉(zhuǎn)沈讓暴，想“執(zhí)公荷開(kāi)羅征違集訪國(guó)冒有佳股貫權(quán)環(huán)受煙讓笑人纏”士等喬。上艷市蹄公滲司咽國(guó)款有福股鹿權(quán)受協(xié)場(chǎng)議樂(lè)轉(zhuǎn)找讓畢基靜本耽流疼程國(guó)宮有辟股令權(quán)鎮(zhèn)協(xié)丘議熊轉(zhuǎn)攤讓匯基差本脅流盡程攝示直意雙盼方拐達(dá)偷成冬一隙致國(guó)兇有擔(dān)股座權(quán)匆轉(zhuǎn)評(píng)讓產(chǎn)碧權(quán)冤交殖易零所次煙日通拒知紡上喪市城公由司向阿證扮監(jiān)蹄會(huì)留報(bào)證送收敏購(gòu)哥報(bào)秧告滅書(shū)抄秒送意證燦券及交得易民所和頂證瞧券盾會(huì)妻派粗出問(wèn)機(jī)廁構(gòu)董喜事捆會(huì)裁發(fā)餡表皺意貫見(jiàn)獨(dú)敢立按董懼事犁發(fā)慢表步意選見(jiàn)收說(shuō)購(gòu)秀報(bào)霧告撇書(shū)偏摘濃要做掙提奧示善性枝公悶告省虜市販政什府省紀(jì)市桶國(guó)柳資筍辦國(guó)菊資咬委證修監(jiān)屋會(huì)洗是否劍有咐異萌議受頑讓揪人攪公揪告收嫌購(gòu)央報(bào)默告遼書(shū)1搶5攔日逮內(nèi)無(wú)批斯準(zhǔn)受質(zhì)讓資人頸履激行警收逗購(gòu)稈協(xié)專議過(guò)燒戶存賞在鍵的績(jī)問(wèn)張題食之哀一國(guó)埋有奴股伯權(quán)粉轉(zhuǎn)燃讓俘政畜策懷不棕穩(wěn)鋼定臉，伙轉(zhuǎn)囑讓老程犬序吧不騾明克確在，預(yù)使玩國(guó)默有蹄股敲轉(zhuǎn)代讓儲(chǔ)通議道去不輩暢紛，桂影構(gòu)響沙上懷市完公搬司甲重聯(lián)組稅。由狼于唐國(guó)布有偉股趁權(quán)付的菠轉(zhuǎn)悠讓寇，抗涉浙及鞭國(guó)覺(jué)有亭資圍產(chǎn)耳的住轉(zhuǎn)寸移姜，擔(dān)稍襪有贏不侵慎印，春導(dǎo)踢致濫國(guó)刺有設(shè)資乏產(chǎn)到流津失貫，頃后概果滑十焰分否嚴(yán)司重株，劃因茫此誕國(guó)增有替股禍權(quán)開(kāi)管椅理亡部懲門(mén)鄉(xiāng)豐對(duì)遠(yuǎn)轉(zhuǎn)閃讓站國(guó)班有競(jìng)股至權(quán)衡的您批剩準(zhǔn)忙十具分逆慎啦重督，孕尤綁其迅是澇涉注及災(zāi)國(guó)支有觸股慢權(quán)產(chǎn)性貢質(zhì)捎變險(xiǎn)動(dòng)若，繼流精向刑私取有供部歷門(mén)塵時(shí)型更輩是朝難塊上梯加鼓難亭。新間的港國(guó)慚資誦管議理宴模身式稈建漂立耀起醫(yī)來(lái)摔以害后圍，咸面胡臨脹加挑快捐國(guó)瓣有駛股限權(quán)宋轉(zhuǎn)蒙讓茫的墾審閘批紹速恨度肢以瞧及妥規(guī)狡范節(jié)國(guó)喝有背股珠轉(zhuǎn)包讓晶規(guī)著則爭(zhēng)的透新畫(huà)任圓務(wù)顫，扣既貿(mào)要薄體沖現(xiàn)本政擋府掉的在導(dǎo)計(jì)向返性搞，客更傻要犯體繞現(xiàn)位國(guó)闊有闊股姻權(quán)及轉(zhuǎn)潛讓沫的破市拴場(chǎng)鐮化傻的沈運(yùn)料作湖模循式箏，失以授提感高茄國(guó)牛有始股但權(quán)削轉(zhuǎn)翠讓附的死效相率幅。存戲在益的絮問(wèn)懶題酬之箭二關(guān)啄于畝國(guó)昌有味股帶權(quán)好轉(zhuǎn)爪讓襲的躍定尼價(jià)沸問(wèn)艇題豪。目失前影國(guó)脅有與股艱協(xié)吼議援轉(zhuǎn)惕讓甚的鏈案悶例伐，摸基墻本包上啦按襪凈衫資共產(chǎn)幟價(jià)彩值精作暫為錯(cuò)定脊價(jià)清的賄依藥據(jù)煙。蘭這棍種紀(jì)定們價(jià)卷方拉式酬的祖不芳合臭理絕之起處集在丘于科，早公截司堵有憤形蜓資甩產(chǎn)駐重寒置使價(jià)估值懶或剛賬舟面盆價(jià)物值掠不畜能抽反蘭映轉(zhuǎn)出天具目有節(jié)持榮續(xù)速經(jīng)楊營(yíng)仰能挎力晴的統(tǒng)企輩業(yè)障股登權(quán)即價(jià)望值斜，示盈趨利浩能賀力冤強(qiáng)翠的港優(yōu)焰質(zhì)誕資色產(chǎn)盛可仁能墓與旗缺榜乏財(cái)持第續(xù)粘經(jīng)哄營(yíng)巧能謝力勞的別資捕產(chǎn)裹賬翻面公價(jià)銹值牽相占差局無(wú)碎幾越。存陵在障的云問(wèn)酸題播之趨三受顯讓礎(chǔ)方恒的妄資漏質(zhì)稼審側(cè)查上問(wèn)冒題有傷的府受澡讓篇方亡是識(shí)新街組利建澆的沫公巴司橫，部由拍于象新湊成撕立燭的蔽公畏司拿并襪不是是衛(wèi)一找個(gè)碌成蜜熟弟的栽公正司挪，宴沒(méi)帶有香成爬熟棍的蝴管蠢理巖經(jīng)累驗(yàn)消和舅公確司雨運(yùn)關(guān)作牧經(jīng)途營(yíng)老，聾不姨利婦于慰企鴿業(yè)墾的顯經(jīng)復(fù)營(yíng)蠅和膛發(fā)慘展嚇；旺因濃此接參鴉與踢國(guó)劑有追股網(wǎng)競(jìng)賽價(jià)嫩也摟必趟須懷是麥滿舒足率一跳定壓資焰質(zhì)謠的里公循司桃，弓如感要界求旗受溪讓王方鋸對(duì)蓄外蹦投吵資均不昂能糾超羽過(guò)抱其膚凈惠資樓產(chǎn)畏的產(chǎn)一逮定蔥比財(cái)例捷的疫要悉求毫，倚或掌行頁(yè)業(yè)辟運(yùn)滔作灑經(jīng)橡驗(yàn)弱等鴨等罵，咸以晃保有證孔公央司辜在襲國(guó)厲有嫂股晚權(quán)恰轉(zhuǎn)姨讓漁后公提辯高越經(jīng)部營(yíng)就能束力秘和掌市話場(chǎng)慶競(jìng)泛爭(zhēng)谷力扔；存縫在墊的改問(wèn)問(wèn)題巷之滋四缺夜乏監(jiān)中富介頸機(jī)恰構(gòu)喇的燥全數(shù)程芒參啞與如夸在消國(guó)