Venture Capital Backing and Issuance of Seasoned Equity Offerings: Evidence from China

Juncheng Li,Songling Yang,Hemei Li,Qiuyue Zhang,Qianqian Shi 한국증권학회 2020 Asia-Pacific Journal of Financial Studies Vol.49 No.6

We analyze how venture capital (VC) affects the timing of seasoned equity offering (SEO) issuance and the post-SEO performance of Chinese companies during the 2006–2018 period. Empirical analysis confirms that VC “accelerates” SEO issuance because of greater financing demands. Thus, VC-backed firms prefer to issue their first SEOs earlier than non-VC-backed firms. Moreover, quick SEOs promoted by venture capitalists are more underpriced because of information asymmetry.

Mussel-Inspired Multifunctional Coating for Enhancing the UV-Resistant Property of Polypropylene Fibers

Zhengyi Liu,Juncheng Hu,Qi Sun,Li Chen,Xia Feng,Yiping Zhao 한국고분자학회 2017 Macromolecular Research Vol.25 No.5

In this paper, UV-resistant polypropylene (PP) fibers were prepared with a simple and versatile strategy. The PP fiber was firstly coated a polydopamine (PDA) layer by simply dipping the fiber into an alkaline dopamine solution. Then, the titania (TiO2) nanoparticles were chemically bound to the PDA layer through the reduction capacity of catechol groups in PDA, endowing the fibers with excellent UVresistant properties. The surface chemical composition of modified fibers was confirmed by attenuated total reflectance fourier transform infrared (ATR-FTIR) spectroscopy and X-ray photoelectron spectroscopy (XPS). The surface morphology and the crystalline structure of the modified fibers were studied by scanning electron microscopy (SEM) and X-ray diffraction (XRD) respectively. Thermo stability was characterized by thermogravimetry analysis. Besides, the mechanical and UV protection properties were further investigated through monofilament tensile and the UV transmittance test. The results showed that the PDA and TiO2 were successfully coated on fiber surface. Comprared to the pristine fiber, the modified fiber exhibited better thermal stability. Particularly, the as-prepared PP-PDA-TiO2 fibers could strongly resist the UV rays with no change in mechanical properties.

A modular switched‑capacitor multilevel inverter featuring voltage gain ability

Yaoqiang Wang,Juncheng Ye,Ruohan Ku,Yuchen Shen,Gen Li,Jun Liang 전력전자학회 2023 JOURNAL OF POWER ELECTRONICS Vol.23 No.1

This article presents a modular switched-capacitor multilevel inverter which uses two capacitors and a single dc source to obtain triple voltage gain. It is worth noting that the inherent inversion capacity removes the H-bridge, which can efficaciously diminish the voltage stress of switches, and the maximum voltage stress (MVS) on devices is kept within 2Vdc. Additionally, the proposed topology is able to integrate inductive load, and the capacitor voltage self-balancing can be achieved. Moreover, the modular structure also has an expandable topology which can generate more levels and raise the voltage gain by using multiple switched-capacitor units, meanwhile the voltage stress on power switches can be kept within 2Vdc. Furthermore, comprehensive analysis and comparison with other multilevel inverters have been implemented to certify the superiority of the proposed topology. Finally, the steady-state and dynamic performance of the proposed topology is examined through a seven-level inverter prototype, the validity and practicability of the topology are verified by simulations and experiments.

Influence of raw material grain composition on the properties of fused silica ceramics

Qingtao Wang,Sen Li,Huaqin Yu,Fengzhi Li,Huijun Xu,Haibo Qiao,Juncheng Liu,Qingyang Du 한양대학교 세라믹연구소 2017 Journal of Ceramic Processing Research Vol.18 No.8

Fused silica ceramics were prepared by slip casting method with various particle sizes (d50 ≈ 2.31 μm, 19.79 μm, and 71.46 μm)from three types of fused silica powder. The influence of raw material grain composition on the viscosity of slurry, bulk density,porosity, water absorption, and flexural strength of the fused silica ceramics was investigated. The slurry viscosity wasmeasured by an XND-1 viscometer. The bulk density, porosity, and water absorption of the sintered samples were obtainedby the Archimedes method. The flexural strength was measured by a three-point bending test. The phase composition andmicrostructure of the samples were characterized by X-ray diffraction (XRD) and scanning electron microscopy (SEM). Theresults show that when the grain composition was 5 : 3 : 2, slurry viscosity was 150.79 mPa·s with solid content of 75%, thefused silica ceramic particles were packed most tightly and demonstrate bulk density of 2.02 g/cm3, porosity of 6.99%, waterabsorption of 3.47%, and flexural strength of 51.27 MPa.

Transcriptome profile of one-month-old lambs' granulosa cells after superstimulation

Wu, Yangsheng,Lin, Jiapeng,Li, Xiaolin,Han, Bing,Wang, Liqin,Liu, Mingjun,Huang, Juncheng Asian Australasian Association of Animal Productio 2017 Animal Bioscience Vol.30 No.1

Objective: Superstimulatory treatment of one-month-old lambs can achieve synchronous development of numerous growing follicles. However, these growing follicles cannot complete maturation and ovulation. Oocyte maturation and competence are acquired during follicular development, in which granulosa cells play an essential role. Methods: In this study, we applied RNA sequencing to analyze and compare gene expression between prepubertal and adult superstimulated follicle granulosa cells in sheep. Results: There were more than 300 genes that significantly differed in expression. Among these differently expressed genes, many extracellular matrix genes (EGF containing Fibulin Like Extracellular Matrix Protein 1, pentraxin 3, adrenomedullin, and osteopontin) were significantly down-regulated in the superstimulated follicles. Ingenuity pathway and gene ontology analyses revealed that processes of axonal guidance, cell proliferation and DNA replication were expressed at higher levels in the prepubertal follicles. Epidermal growth factor, T-Box protein 2 and beta-estradiol upstream regulator were predicted to be active in prepubertal follicles. By comparison, tumor protein P53 and let-7 were most active in adult follicles. Conclusion: These results may contribute to a better understanding of the mechanisms governing the development of granulosa cells in the growing follicle in prepubertal sheep.

A Nine-Level Switched-Capacitor Step-Up Inverter with Low Voltage Stress

Wang Yaoqiang,Ye Juncheng,Wang Kaige,Nie Fuquan,Li Gen,Liang Jun 대한전기학회 2023 Journal of Electrical Engineering & Technology Vol.18 No.2

This paper proposes a nine-level switched-capacitor step-up inverter (9LSUI) which can achieve a quadruple voltage gain with single dc source. Differing from other switched-capacitor inverters, the voltage stress of switches is effectively reduced due to the elimination of H-bridge, and the peak inverse voltage of all switches is kept within 2Vdc. In addition, the proposed inverter is able to integrate inductive load, and the capacitor voltage self-balancing can be achieved without any auxiliary circuits. Moreover, the topology structure can be flexibly extended to raise the output levels, and the peak inverse voltage of switches can remain constant with the increase of sub-modules in the extended structure. Comprehensive comparisons are performed to verify the outstanding advantages of the proposed inverter. Finally, the steady-state and dynamic performance of the proposed inverter is validated through an experimental prototype, and the experimental results are provided to prove the theoretical analysis.

Meta-analysis of genome-wide association studies of adult height in East Asians identifies 17 novel loci

He, Meian,Xu, Min,Zhang, Ben,Liang, Jun,Chen, Peng,Lee, Jong-Young,Johnson, Todd A.,Li, Huaixing,Yang, Xiaobo,Dai, Juncheng,Liang, Liming,Gui, Lixuan,Qi, Qibin,Huang, Jinyan,Li, Yanping,Adair, Linda S IRL Press 2015 Human molecular genetics Vol.24 No.6

<P>Human height is associated with risk of multiple diseases and is profoundly determined by an individual's genetic makeup and shows a high degree of ethnic heterogeneity. Large-scale genome-wide association (GWA) analyses of adult height in Europeans have identified nearly 180 genetic loci. A recent study showed high replicability of results from Europeans-based GWA studies in Asians; however, population-specific loci may exist due to distinct linkage disequilibrium patterns. We carried out a GWA meta-analysis in 93 926 individuals from East Asia. We identified 98 loci, including 17 novel and 81 previously reported loci, associated with height at <I>P</I> < 5 × 10<SUP>−8</SUP>, together explaining 8.89% of phenotypic variance. Among the newly identified variants, 10 are commonly distributed (minor allele frequency, MAF > 5%) in Europeans, with comparable frequencies with in Asians, and 7 single-nucleotide polymorphisms are with low frequency (MAF < 5%) in Europeans. In addition, our data suggest that novel biological pathway such as the protein tyrosine phosphatase family is involved in regulation of height. The findings from this study considerably expand our knowledge of the genetic architecture of human height in Asians.</P>