【英语中国】中国视点：慷慨的广东

It's not just Chinese workers at a Honda transmission factory and Foxconn, the Taiwanese contract electronics manufacturer, who are getting more money these days. Employees at both companies in southern Guangdong province locked in generous pay raises after a strike at the Honda factory and a series of worker suicides at Foxconn.

Christmas has also come early for shareholders in Hong Kong-listed Denway Motors, which holds a 50 per cent stake in Honda's successful joint venture car factory in Guangzhou, capital of southern Guangdong province. Denway is controlled by the Guangzhou municipal government. Last month the local government's automotive flagship, Guangzhou Auto (GAC), proposed a share swap with Denway shareholders. For each of their shares in Denway they would receive 0.38 shares in GAC.

Yesterday GAC said it would raise the offer to 0.47 shares, despite having already locked in support at the lower level from Templeton Asset Management, Denway's second largest shareholder with a 15.5 per cent stake. “GAC is of the view that the previous share exchange ratio [was] reasonable and the revised share exchange ratio will further enhance the attractiveness of the offer,” GAC said in a statement. “The [revised offer] shows GAC's full respect of shareholders' interests and GAC's willingness to share its potential growth with shareholders.”

Foxconn offered its workers three raises in a bid to defuse its labour crisis. GAC no doubt is hoping that its shareholders will be satisfied with just one.

这些天，拿钱更多的不只有本田(Honda)变速器厂和台湾电子代工企业富士康(Foxconn)的中国工人。在本田变速器厂发生罢工、富士康发生一连串自杀事件之后，这两家公司在广东省的雇员均获得了大幅度提薪。

对于香港上市公司骏威汽车(Denway Motors)的股东，圣诞节也提前到来了。骏威汽车与本田在广东省会广州有一家成功的合资汽车厂，由广州市政府控股的骏威持有其中一半股权。上月，当地政府的汽车旗舰公司——广州汽车(Guangzhou Auto)向骏威股东提出了一项换股计划，股东持有的每股骏威股份可换0.38股广汽股份。

尽管这项计划已获得骏威第二大股东邓普顿资产管理(Templeton Asset Management)的支持，但广州汽车昨日宣布，将把换股比率提高至0.47股。邓普顿资产管理持有骏威15.5%股权。广汽在一份公告中表示：“广汽认为，之前的换股比率对安排股东而言乃属合理，而经修订的换股比率将进一步提升要约的吸引力。经修订的换股比率显示了广汽充分尊重安排股东的利益并与其分享广汽长远增长潜力的诚意。”

富士康连着三次为工人加薪，试图缓和劳工危机。广汽则无疑希望一次性就让股东满意。

译者/何黎