Overview Prioritization And Identification Discussion And Recommendation Ethical Issue Conclusion 1 Caution Innovation Responsibility Ltd., IPO, E&P, MNC Internal crisis External impact Unconventional energy The hard power The soft power Overview Prioritization And Identification Discussion And Recommendation Ethical Issue Conclusion 2 Overview Prioritization And Identification Discussion And Recommendation Ethical Issue Conclusion 3 Considerable liquidity Short-term solvency is stable Financial stability Long-term solvency is enhancement Grow fast A good development space Strengthening market Competitiveness grow faster Growth potential Great changes and risk shares Analysis1. The financial indicators in 2014 Analysis2 EVA 3 Discussion And Recommendation Analysis3 Cash forecast in 31, March 2015 3 Discussion And Recommendation GGG EEE FFF Total Cost： Cash flow Analysis3 Cash forecast in 31, March 2015 3 Discussion And Recommendation The worry of interests &The expectation of shareholders A discount to some extent when new shares release The forecast cash flow in 2015 is not able to support the point of drilling wells. The crisis of confidence Limited amount of loan Improve credibility Deal with the trust crisis Obtain the maximum loans A reasonable restriction to time 3 Discussion And Recommendation No defaults & no commercial reserves. The possibility of LG’s logging extends infinitely. LG has rights to protect their interests. The license application of GGG is conducted by YJ independently. The required 10% discount damages YJ‘s interests greatly. Discuss Recommendation No need to pay to LG for the license application of GGG LG participates in GGG's outsourcing agenda Discuss the discount for LG again 。。。以下略