EN
We consider a spin-rotationally invariant Hubbard model. The original electron operator is presented in the charge-spin-fermion U(1)×SU(2) factorized form. The factorization procedure is given in terms of the emergent gauge fields. As a result, the electron appears like a composite object consisting of strongly fluctuating phase field and spatially rotating spin axis. Furthermore, we elaborate microscopically on the form of possible pairing states.