What is equity allocation? What is an equity allocation plan

Equity investment is the act of investing in the purchase of equity in a company for the purpose of participating in or controlling its business activities. It can occur in the open trading market, in the case of the initiation or offering of a company, and in the case of a non-public transfer of shares.

Equity division refers to the fact that due to special historical reasons and in the special development and evolution of China, the listed companies in the A** market have generally formed "two different natures" of circulating public shares and non-circulating state shares and corporate shares, which have formed a market system and structure of "different shares with different prices and different rights".

In recent years, around the solution to the problem of equity division, the market has three basic formulations, the first is called state-owned shares, the second is called full circulation of shares, and the third is to solve the problem of equity division.

Under the shareholding division system, state-owned shares and state-owned legal person shares will always occupy an absolute controlling position, and all the symptoms of the "state-owned disease" of enterprises have been transferred to listed companies, and the corporate governance structure cannot be improved. At the same time, the main leaders of the company are either the leaders of the original state-owned enterprises or parachuted from the administrative department. They are more of a leader than an entrepreneur in nature, and their main energy is to protect their own black yarn hat and please the superior leaders, and to do a good job in business management and give investors good returns, sometimes it has become a dispensable thing.

Because of this, "one year of excellent performance, two years of flat performance, three years of loss, and four years of ST" of listed companies has become a common phenomenon. Due to the lack of investment value of the company, and the operation and management of the company, the voting rights of the shareholders of tradable shares do not play a role at all, the majority of tradable investors can only be forced to turn to speculation, and every time after the ****, they hope that someone will take over with a more advanced style. This method is like a pyramid scheme activist needs to make a profit by developing downlines, and once there is no more "downline" to take over, the game of beating the drum and passing flowers is over.

While a few people make a profit, the vast majority can only end up in a loss.

2 3 of the total share capital of state-owned listed companies, and the shareholders of non-tradable shares hold the control of the listed company. Unable to profit from the market through direct trading, non-tradable shareholders will find ways to use their control to their advantage. As a result, major shareholders have excessively collected money, violated regulations, and embezzled the assets of listed companies.

While non-tradable shareholders can obtain high equity at a low cost, ordinary investors, who are tradable shareholders, have to bear huge losses. According to a document, in the eight years from 1995 to 2002, the main income of shareholders of non-tradable shares reached more than 1 trillion yuan, and the investment income of investors of tradable shares in the secondary market was a loss of 100 million yuan, with an average of about 10,000 yuan.

Equity Structure] What is Equity Distribution?

Summary. Hello, dear. [Little Red Flower] [Little Red Flower] is honored to answer for you.

The equity allocation plan refers to the fact that there are two types of shares in China's listed companies, namely non-tradable shares and tradable shares, and in addition to the huge difference in the cost of holding shares and the difference in the right to circulate, the other rights are the same for each share. Due to the large difference in the cost of shareholding, there is a serious injustice between the two types of shareholders.

If the shareholding cost of non-tradable shares and tradable shares is not taken into account, and the difference in the shareholding cost of the two types of shareholders is not recognized, the logical basis for solving the problem will be lost, let alone the protection of the legitimate rights and interests of the vulnerable group of public investors and the "three publics". There is only one criterion for judging the success or failure of the equity division reform, that is, whether the holding cost of all shares in the listed company is the same after the equity division reform.

Hello, dear. [Little Red Flower] [Little Red Flower] is honored to answer for you. Equity allocation plan refers to:

There are two types of shares in China's listed companies, non-tradable shares and tradable shares, except for the huge difference in the cost of holding shares and the difference in the rights of tradable shares, all other rights are given to each share. Due to the large difference in the cost of shareholding, there is a serious injustice between the two types of shareholders. If the shareholding cost of non-tradable shares and tradable shares is not taken into account, and the difference in the shareholding cost of the two types of shareholders is not recognized, the logical basis for solving the problem will be lost, let alone the protection of the legitimate rights and interests of the vulnerable group of public investors and the "three publics".

There is only one criterion for judging the success or failure of the equity division reform, that is: after the equity division reform, whether the holding cost of all shares in the Shanghui Heng City Company is the same.

Legal basis: Article 72 The shareholders of a limited liability company may transfer all or part of their equity to each other. The transfer of equity by a shareholder to a person other than the shareholder shall be subject to the consent of more than half of the other shareholders.

Shareholders shall notify other shareholders in writing to solicit consent for their equity transfer, and if other shareholders do not reply within 30 days from the date of receipt of the written notice, they shall be deemed to have agreed to the transfer. If more than half of the other shareholders do not agree to the transfer, the shareholders who do not agree shall purchase the transferred equity, and if they do not purchase it, they shall be deemed to have agreed to the transfer. [Little red locust flower] [small red flower].

Summary. Hello, the equity allocation plan refers to the specific plan for investors to allocate funds to different assets such as **, **, bonds and so on when investing.

Hello, the equity allocation plan refers to the specific plan for investors to allocate funds to different assets such as **, **, bonds and so on when investing.

Hello, the purpose of the equity allocation plan is to achieve risk diversification of assets, reduce the risk of investment shortage, and at the same time obtain better returns. A good equity allocation plan needs to consider various factors such as the investor's ability to bear the risk and damage, the investment target, and the market situation.

There are always two principles to be maintained regarding equity allocation:

1. The control of the founder's shareholders, 2. The dynamic fixed share ratio.

In particular, start-up companies may face multiple rounds of financing after the company is established, and the equity ratio of shareholders will change, so it is necessary to take into account the dynamic fixed share ratio.

1. What materials are required for the registration of industrial and commercial equity change?

The materials to be submitted are:

1. Application for Change of Company Registration signed by the legal representative of the company (with the company's official seal).

2. The company's signed "Certificate of Designated Representative or Co-entrusting Person" (stamped with the company's official seal) and a copy of the identity document of the designated representative or entrusting person; The matters to be handled, the authority, and the authorization period of the designated representative or the co-entrusting person shall be indicated.

3. Resolutions and decisions on amending the articles of association; The limited liability company submits a resolution of the shareholders' meeting signed by the shareholders representing more than two-thirds of the voting rights; The shares **** shall be submitted to the presiding officer of the meeting and the directors present at the meeting to sign the minutes of the general meeting of shareholders; A one-person limited liability company submits a written decision signed by the shareholders. The wholly state-owned company shall submit the approval documents of the state-owned assets supervision and administration agency of the local people's government or the people's assets at the same level authorized by it.

4. The amended articles of association or amendments to the articles of association (signed by the legal representative of the company).

5. If the name or name of the shareholder or promoter is changed, a copy of the name "Notice of Approval of Changing the Registered Record" shall be submitted, and a copy of the new entity qualification certificate or natural person's identity certificate after the name change of the shareholder or promoter.

5. Original and duplicate of business license.

Second, the way to realize the wild equity chant.

1. The realization of equity, that is, the process of investors recovering their investment with the equity capital they hold, and realizing investment income at the same time. It usually has the following seven exit methods, namely equity transfer, *** exit, IPO, liquidation, backdoor listing, repurchase and merger and acquisition exit.

2. Among them, the repurchase refers to the repurchase of the company held by the state shareholders by the listed company, and then the cancellation. State-owned share repurchase refers to a way of reducing the company's share capital by purchasing the issued state-owned shares with a certain amount of ** or as treasury shares or canceling them. Its main payment methods can be divided into cash buybacks or divestiture asset buybacks.

The placement of state-owned shares is to give part of the state-owned shares of listed companies to specific investors on a regular basis, so that the state-owned shares can gradually be listed and circulated. Reduced share circulation refers to the listed company merging the existing state-owned shares at the original issue price, transferring them to strategic investment**, and then listing and circulation. Generally speaking, the auction form is only used when the enterprise goes bankrupt and liquidates the property, in fact, the auction can also be used as one of the ways to realize the state-owned shares of the social security.

Legal analysis: The equity setting is determined by the investor according to its capital contribution ratio, and is divided according to the objective perspectives of funds, responsibilities, positions, and creativity. By setting up equity, the investor's status, rights, and obligations and responsibilities in the business are confirmed.

At the same time, it can be based on the investor's ability to bear risks, the amount of capital, different crosses of equity to attract investors to invest. If the configuration is not appropriate, it will cause the corresponding legal clearance risk.

Legal basis: "The Company Law of the Former People's Republic of China".

Article 72 When a people's court transfers a shareholder's equity in accordance with the compulsory enforcement procedures prescribed by law, it shall notify the company and all shareholders that the other shareholders have the right of first refusal under the same conditions. If other shareholders do not exercise the right of pre-emption within 20 days from the date of notice from the people's court, they shall be deemed to have waived the right of pre-emption.