Digital Transformation, Manipulation of Asset Evaluation and M&A Performance: Discussion on the Intermediary Effect of Internal Control

Chen Chen,Hee-Jung Lee,Nan Hui,Xue-Hua Qian 강원대학교 경영경제연구소 2023 Asia-Pacific Journal of Business Vol.14 No.1

Purpose - The purpose of this study was to examine the internal relevance between digital transformation, manipulation of asset evaluation and corporate M&A performance and further explores the impact path of manipulation of asset valuation on corporate M&A performance. Design/methodology/approach - This study based on the financial data of A-share listed companies in Shanghai and Shenzhen Stock Exchanges from 2013 to 2021. Findings - First, manipulation of asset evaluation is negatively correlated with M&A performance. Second, Digital transformation significantly weakens the negative correlation between manipulation of asset evaluation and corporate M&A performance. Third, The effectiveness of internal control plays a partially intermediary role in the process of manipulation of asset evaluation affecting M&A performance. Research implications or Originality - Enriching the existing literature on the subject, the study can also provide useful reference for improving the performance of corporate mergers and acquisitions, regulating asset valuation, promoting the digital transformation of enterprises and improving internal control mechanisms, with both theoretical and practical implications.

Algorithm of Gaussian Sum Filter Based on SGQF for Nonlinear Non-Gaussian Models

Chen Qian,Chengying Song,Sheng Li,Qingwei Chen,Jian Guo 제어·로봇·시스템학회 2021 International Journal of Control, Automation, and Vol.19 No.8

To improve the filtering effect of the sparse grid quadrature filter (SGQF) under non-Gaussian conditions, the Gaussian sum technique is introduced, and the Gaussian sum sparse grid quadrature filter (GSSGQF) is developed. We present a systematic formulation of the SGQF and extend it to the discrete-time nonlinear system with the non-Gaussian noise. The proposed algorithm approximates the non-Gaussian probability densities by a finite number of weighted sums of Gaussian densities, and takes the SGQF as the Gaussian sub-filter to conduct the timeand measurement update for each Gaussian component. An application in the discrete-time nonlinear system with the non-Gaussian noise has been shown to demonstrate the accuracy of the GSSGQF. It outperforms the unscented Kalman filter (UKF), the cubature Kalman filter (CKF) and the SGQF. Theoretical analysis and simulation results prove that the GSSGQF provides significant performance improvement in the calculation accuracy for nonlinear non-Gaussian filtering problems.

Construction and Characterization of a Full-length cDNA Library and Identification of Genes Involved in Salinity Stress in Wild Eggplant (Solanum torvum Swartz)

Gang Chen,Hua Wang,Jun-Yi Gai,Yue-Lin Zhu,Li-Fei Yang,Qian-Qian Liu,Gong-Chen Zhang,Guo-Hu Chen 한국원예학회 2012 Horticulture, Environment, and Biotechnology Vol.53 No.2

The objectives of this paper were to construct a full-length cDNA library and to isolate genes that confer salt tolerance from the leaves of salinity-tolerant wild eggplant variety, ‘Torvum Vigor’ (Solanum torvum Swartz). A full-length cDNA library from the leaves was successfully constructed by a switching mechanism at 5’-end of RNA transcript (SMART) approach and a long-distance PCR (LD-PCR) technique. The titer of the primary cDNA library was 3.6 ×106 cfu・mL-1 and that of the amplified library was 1.2 × 1010 cfu・mL-1. Gel electrophoresis results showed that most of the cDNA inserts ranged from 0.40 to 2.5 kb, with a recombination rate of 99%. A total of 427 randomly selected positive clones were sequenced. After removing the unsuccessful reads, 364 datasets were obtained and have been submitted to the NCBI Nucleotide Sequence Database under GenBank accession numbers JK265131-JK265494. Among the 364 submitted sequences, 74.45% of them contained full-length coding regions. BLASTX analysis revealed that 62.36% of the ‘Torvum Vigor’ expressed sequence tags (ESTs) possessed homology to known or putative proteins of other organisms. Seven genes that might be responsible for the encoding of known proteins in other organisms were identified to confer salt tolerance. This evidence demonstrated that the cDNA library constructed was a full-length library of high quality. It could be a useful resource for further research in the cloning of stress-related genes, which could be utilized in the genetic improvement of vegetable crops using transgenic technology.

Unilateral ureteral obstruction causes gut microbial dysbiosis and metabolome disorders contributing to tubulointerstitial fibrosis

Lin Chen,Dan-Qian Chen,Jing-Ru Liu,Jun Zhang,Nosratola D. Vaziri,Shougang Zhuang,Hua Chen,Ya-Long Feng,Yan Guo,Ying-Yong Zhao 생화학분자생물학회 2019 Experimental and molecular medicine Vol.51 No.-

Chronic kidney disease (CKD) increases the risk and prevalence of cardiovascular disease (CVD) morbidity and mortality. Recent studies have revealed marked changes in the composition of the microbiome and the metabolome and their potential influence in renal disease and CVD via the accumulation of microbial-derived uremic toxins. However, the effect of unilateral ureteral obstruction (UUO) on the gut microbiome and circulating metabolites is unknown. Male Sprague-Dawley rats were randomized to UUO and sham-operated control groups. Renal histology, colonic microbiota, and plasma metabolites were examined two weeks later. We employed 16S rRNA sequence and untargeted metabolomic analyses to explore the changes in colonic microbiota and plasma metabolites and their relationship with tubulointerstitial fibrosis (TIF). The UUO rats exhibited tubular atrophy and dilatation, interstitial fibrosis and inflammatory cell infiltration in the obstructed kidney. UUO rats showed significant colonic enrichment and depletion of genera. Significant differences were identified in 219 plasma metabolites involved in lipid, amino acid, and bile acid metabolism, which were consistent with gut microbiota-related metabolism. Interestingly, tryptophan and its metabolites kynurenine, 5-hydroxytryptophan and 5-hydroxytryptamine levels, which were linked with TIF, correlated with nine specific genera. Plasma tryptophan level was positively correlated with Clostridium IV, Turicibacter, Pseudomonas and Lactobacillales, and negatively correlated with Oscillibacter, Blautia, and Intestinimonas, which possess the genes encoding tryptophan synthase (K16187), indoleamine 2,3-dioxygenase (K00463) and tryptophan 2,3-dioxygenase (K00453) and their corresponding enzymes (EC:1.13.11.52 and EC:1.13.11.11) that exacerbate TIF. In conclusion, UUO results in profound changes in the gut microbiome and circulating metabolites, events that contribute to the pathogenesis of inflammation and TIF.

Effect of Ni2Si Precipitates on Microstructure and Mechanical Properties of Cu–Zn Brasses

Wei Chen,Kai You,Jufang Yin,Ming Chen,Xiaolan Tao,Jiarui Hu,Xiaorong Chen,Qian Lei 대한금속·재료학회 2022 METALS AND MATERIALS International Vol.28 No.10

Novel ultrahigh strength Ni2Sistrengthened brasses were fabricated, and microstructure and properties were investigatedusing scanning electron microscopy, optical microscopy, transmission electron microscopy, X-ray diffraction analysis, hardnessmeasurement, and electrical conductivity test. After optimal treatments (solid solution treated at 900 ℃ for 2 h, hotrolledby 80%, cold-rolled by 80%, and ageing treated at 300 ℃ for 8 h), the Cu-20Zn-3Ni-0.68Si alloy’s hardness, tensilestrength, yield strength, and electrical conductivity is 270.6 HV, 964 MPa, 933 MPa, 21.6%IACS, and 3.4%, respectively. δ-Ni2Si precipitates formed during the annealing process, which had a crystal orientation relationship with the matrix: (001)m// (001) δ, and [110]m// [100]δ. Quasi-cleavage fracture surfaces with shallow dimples were presented in both the Cu-20Zn-1.5Ni-0.34Si and the Cu-20Zn-3Ni-0.68Si alloy. These findings give a new method to develop new high strength low-costbrass copper materials.

Intercalation of Europium Inclusion Complex of β-Cyclodextrin into Layered Double Hydroxides Through Layer-By-Layer Assembly and Its Luminescent Properties

Wenjun Zhang,Yi Chen,Yanlin Li,Sumin Guan,Yan Chen,Qian-Qian Yang,Lu Liu,Qing-Chen Xue,Yu-Cui Guang 성균관대학교(자연과학캠퍼스) 성균나노과학기술원 2017 NANO Vol.12 No.10

"In this work, organic–inorganic hybrid ultrathin transparent films (UTFs), produced by layer-by-layer (LBL) assembly of the europium inclusion complex of β-cyclodextrin ( β-CD) and Mg–Al layered double hydroxide (MgAl–NO3–LDHs) nanosheets, are reported. UV-visible (UV-Vis) absorption and fluorescence spectroscopy show orderly growth of the europium inclusion complex of β-CD/layered double hydroxide (EICC/LDH) films with an increasing number of deposition cycles. X-ray diffraction and scanning electron microscopy measurements indicate that the films feature periodic layered structures with uniform surface morphology. Moreover, when EICC is assembled with inorganic rigid LDH nanosheets, the lifetimes are prolonged due to the isolation effect, and the UTFs are transparent with high brightness, which indicate that these films could serve as new optical materials."

An Image Encryption Scheme Based on Concatenated Torus Automorphisms

( Qian Mao ),( Chin-chen Chang ),( Hsiao-ling Wu ) 한국인터넷정보학회 2013 KSII Transactions on Internet and Information Syst Vol.7 No.6

A novel, chaotic map that is based on concatenated torus automorphisms is proposed in this paper. As we know, cat map, which is based on torus automorphism, is highly chaotic and is often used to encrypt information. But cat map is periodic, which decreases the security of the cryptosystem. In this paper, we propose a novel chaotic map that concatenates several torus automorphisms. The concatenated mechanism provides stronger chaos and larger key space for the cryptosystem. It is proven that the period of the concatenated torus automorphisms is the total sum of each one`s period. By this means, the period of the novel automorphism is increased extremely. Based on the novel, concatenated torus automorphisms, two application schemes in image encryption are proposed, i.e., 2D and 3D concatenated chaotic maps. In these schemes, both the scrambling matrices and the iteration numbers act as secret keys. Security analysis shows that the proposed, concatenated, chaotic maps have strong chaos and they are very sensitive to the secret keys. By means of concatenating several torus automorphisms, the key space of the proposed cryptosystem can be expanded to 2135. The diffusion function in the proposed scheme changes the gray values of the transferred pixels, which makes the periodicity of the concatenated torus automorphisms disappeared. Therefore, the proposed cryptosystem has high security and they can resist the brute-force attacks and the differential attacks efficiently. The diffusing speed of the proposed scheme is higher, and the computational complexity is lower, compared with the existing methods.

Whole-genome identification and salt- and ABA-induced expression trends of the Nicotiana tabacum CKX gene family

Chen Wenwen,Wang Genhong,Yi Meiqin,Gao Tianke,Song Chunman,Gao Qian,Xia Qingyou,Xiang Haiying 한국식물생명공학회 2023 Plant biotechnology reports Vol.17 No.3

Cytokinin hormones are indispensable for plant growth and development. Cytokinin oxidase/dehydrogenase (CKX) helps regulate the dynamic balance of endogenous cytokinin levels. However, little is known about the CKX genes of Nicotiana tabacum (NtCKXs). In silico analyses were used to isolate, characterize, and elucidate the phylogenetic relationships of 15 NtCKX genes. Multi-species phylogenetic tree construction placed NtCKX1–15 on five of the eight branches of the CKX phylogenetic tree. Protein structure and network analyses revealed that NtCKX genes located on the same phylogenetic branch generally contained several conserved motifs and have highly similar structures, with structural domains related to flavin adenine dinucleotide (FAD) and cytokinin-binding found on all of the predicted NtCKX-encoded proteins. The upstream promotor region of NtCKX genes contained many abiotic stress-responsive cis-acting elements, including DRE, ERE, MBS, MYB, and MYC. Gene expression analysis revealed that each NtCKX gene responded differently to salt stress and exogenous abscisic acid (ABA) treatment. Four NtCKX genes exhibited ABA-induced expression trends with varying peak times. Under salt stress, NtCKX expression was significantly suppressed in two genes and upregulated in five others. In summary, we provided basic information regarding the CKX gene family of N. tabacum and elucidated their gene expression patterns under abiotic stresses, including ABA treatment and salt stress. The findings of this work can serve as a foundation for future study of the functions of NtCKX genes.

LATERAL STABILITY CONTROL OF A DISTRIBUTED ELECTRIC VEHICLE USING A NEW SLIDING MODE CONTROLER

Chen Yawei,Cheng Qian,Gan Huafu,Hao Xixiang,Yuan Chenheng 한국자동차공학회 2023 International journal of automotive technology Vol.24 No.4

Lateral instability is a key problem that restricts vehicle motion safety of distributed electric vehicles (DEV). This paper designs a new lateral control system composed of subsystems of high, middle and low levels and brings forth an improved sliding mode controller (SMC) method. The similar reference longitudinal velocity generation system is designed via neural network observer and fuzzy logic controller to ensure the smooth and safe driving of the vehicle on low adhesion roads. Relevant working simulation also is carried out to verify the effectiveness of the control method above. The results show that the new control system based on the improved SMC method brings about good yaw rate and speed tracking performance of vehicles and strong robustness of the control system, and can still ensure excellent lateral driving stability on the low adhesion roads, or when making a turn or the friction coefficient is changed.

The Research of Business Spatial Feature Analysis Based on GIS Technology : Taking Guangzhou as Example

CHEN Yingbiao,QIAN Qinglan 대한지리학회 2008 대한지리학회 컨퍼런스 자료집 Vol.2 No.-