11.（1）昌盛公司受托对意向收购方进行登记管理不符合规定。根据有关法律规定，对征集到的意向受让方由产权交易机构负责登记管理，产权交易机构不得将对意向受让方的登记管理委托转让方进行。在本题中，产权交易机构委托昌盛公司对意向收购方进行登记管理不符合规定。
（2）由产权交易机构对意向收购方进行资格审查不符合规定。根据有关法律规定，产权交易机构要与转让方按照有关标准和要求对登记的意向受让方共同进行资格审查。在本题中，意向受让方资格审查，应该由产权交易机构和昌盛公司共同进行。
（3）确定由昌盛公司以协议转让的方式转让所持M公司出资额符合规定。根据有关法律规定，经公开征集只产生一个受让方的，可以采取协议转让的方式。在本题中，由于只有N公司1家符合条件，因此采取协议转让的方式符合规定。
12.（1）H公司提出的优先购买昌盛公司持有的M公司出资额的条件不成立。根据有关法律规定，有限责任公司的股东向股东以外的人转让出资时，在同等条件下，其它股东对该出资有优先购买权。H公司提出的条件并不是同等条件，因此不符合规定。
（2）H公司对昌盛公司转让出资额事项表示反对又不购买时，昌盛公司可以将出资额转让给N公司。根据有关法律规定，有限责任公司的股东向股东以外的人转让出资时，不同意转让的股东应当购买该转让的出资，如果不购买该转让的出资，视为同意转让。在本题中，如果H公司对昌盛公司转让出资额事项表示反对，又不能按照N公司的同等价格购买，视为同意转让，因此，昌盛公司可以将出资额转让给N公司。
13.（1）N公司公告所安排的召开临时股东大会的时间符合规定。根据有关法律规定，临时股东大会应当于会议召开15日前通知各股东。在本题中，N公司董事会5月8日发布公告，于6月12日召开临时股东大会的通知时间符合规定。
（2）N公司拟受让昌盛公司转让的出资额的事项获得了临时股东大会的批准。根据有关法律规定，上市公司重大资产重组（一年内购买、出售资产达到或超过资产总额30%的），应当由股东大会作出决议，并经出席会议的股东所持表决权的2／3以上通过。在本题中，N公司拟以每1元出资额2.8元的价格购买昌盛公司持有的M公司4000万股，超过N公司资产总额30%，应当经出席股东大会的股东所持表决权2/3以上同意，而本题出席该次临时股东大会的非流通股股东全部投了赞成票，占65%；社会公众股股东投赞成票的股份达到出席本次会议社会公众股股东所持股份总额的45%（社会公众股股东出席的有20%股份，20%的45%是9%，即达到出席会议的股东所持表决权的9%） ，合计赞成的股东所持表决权（65%＋9%＝74%）已超过出席会议的股东所持表决权的2/3。
14.The net profit of company E＝（150－ 700×6%）×（1－ 25%）＝81（万元）
The operating profit after tax of company E ＝81＋700 ×6% ×（1－ 25% ）＝112.5（万元）
The EVA of company E＝112.5－1500×5.5% ＝30（万元）
Net profit of company F＝（100－200×6%）×（1－25%）＝66（万元）
The operating profit after tax of company F＝66＋200×6%×（1－25%）＝75（万元）
The EVA of company F＝75－1000×5.5%＝20（万元）
The performance of company E is better than company F from the angle of EVA.
Merits: （1） it focuses on the process of value creation，which is consistent with the goal of increasing shareholder wealth; （2） It prevents sub-optimization and can better coordinate the interest conflicts among different departments; （3） In the framework of EVA, the company can declare their goals and achievements, and the investors can choose the most promising company by EVA.
Demerits: （1） It is an absolute indicator and cannot compare the performance of different companies or departments with different scales; （2） This indicator can mislead the users. For example, for a company the EVA is low in the growth phase, but the EVA is high in the decline phase. （3）There are many disputes in calculating the EVA, i.e. what should be included in the basic investment, what adjustment should be made for net earnings and how to fix the cost of capital.
15.Dear, sir:
I am writing to you to demonstrate the risks that our company is facing so as to take measures to deal with the risks.
They are listed as follows:
Credit risk.
Our primary clients are the building contractors, project developers, who always ask the suppliers to advance the funds to some extent, and it always takes long time for settlement. Because the business is increasing rapidly, and at the same time, under the current mode of tender, the clients takes the form of payment as the significant clauses for choosing the suppliers which result in the fast increase in account receivables.
If we cannot get the payments back in time. the service efficiency of the funds and the safety of the assets will be influenced, and then the performance of our company.
Price risk of commodities.
The costs of the raw materials account for a large percentage of the product costs, and our primary raw material belongs to the petrochemicals, which is largely affected by the international crude oil market. So if the price of the raw materials fluctuates substantially, the profitability of our company will be adversely influenced,
Exchange rate risk.
Some products are exported abroad, which is vulnerable to the change in exchange rate.
Product risk
New products are facing the risks whether they can be accepted by the clients, and the old products are facing the risks in the competition from prices.
Operational risk
With the implementation of the expansion, the existing employees cannot satisfy the rapidly increasing requirement of the human resources, and it is difficult for the new employees to get involved in the corporate culture in the short-term, which will influence the achievement of corporate strategy and operational objectives.operational risk.
In sum，we really need to take measures to respond to the business risks, otherwise the performance of our company this year, even in the future will be significantly influenced.
Yours
Faithfully
