What are the models of equity crowdfunding financing and Internet non public equity financing?

On August 10, the National Association of the State Industry Association issued a notice on adjusting the individual provisions of the "Administrative Measures for the Filing of OTC Business", pointing out that in accordance with the spirit of the China Securities Regulatory Commission's "Notice on Special Inspection of Institutions Carrying out Equity Financing Activities through the Internet" (hereinafter referred to as the "Notice"), Article 2 (10) of the "Administrative Measures for the Filing of OTC Business" (hereinafter referred to as the "Administrative Measures") "private equity crowdfunding" is amended to "Internet non-public equity financing". This means that the activities carried out by some market institutions in the name of "equity crowdfunding" are non-public equity financing or private equity investment** fundraising through the Internet, which does not belong to the scope of equity crowdfunding financing.

According to the requirements, the concept of "equity crowdfunding" refers to the public equity crowdfunding, and the current general definition of private equity crowdfunding will be given the new name of "Internet non-public equity financing". From this point of view, only Ping An, Alibaba, and JD.com, which have obtained the qualification for public equity crowdfunding, belong to the category of equity crowdfunding supervised by the China Securities Regulatory Commission, so the threshold for equity crowdfunding will be significantly raised. At present, the widespread Internet non-public equity financing is not within the scope of the above-mentioned "Notice", which means that as long as the Internet non-public equity financing platform strictly abides by the two red lines of illegal fundraising and illegal issuance, it will usher in the industry's benefit, but it is no longer appropriate to name it in the name of equity crowdfunding.

Hello, equity crowdfunding is a part of equity investment, and equity investment can be held for a long time.

Equity crowdfundingIt refers to the transfer of a certain proportion of shares by the company, and the acquisition of the company's equity by ordinary investors through capital contribution and shares, and the future equity income. Its essence is a part of equity investmentMoreover, the investment threshold is lowered, and there is a professional equity investment platform to provide high-quality projects, which reduces the blindness of investors.

Equity financingIt is an emerging financing method in the capital marketShareholders of the companyIn order to absorb the funds needed for the operation of the enterpriseTransfer of partial ownership of the enterprise, a financing method for introducing new shareholders. The new shareholders of equity financing enjoy the same benefits and rights as the old shareholders of the company's development, and bear the corresponding obligations.

Equity crowdfunding and equity financing have the following differences:

1. There is a difference in concept. Equity crowdfunding can be seen as a supplement to equity financing;

2. There are differences in channels. The former is based on online, while the latter focuses on offline;

3. The purpose of existence is not boring. The former is to promote brand awareness and integrate resources, while the latter is usually a lack of funds to seek financing.

Legal basisArticle 443 of the Civil Code of the People's Republic of China.

If the pledge is made with ** share or equity, the pledge shall be established when the pledge is registered.

**After the share and equity are pledged, they shall not be transferred, except for those agreed upon by the pledgor and the pledgee. The price obtained by the transfer of ** shares and equity by the bidder shall be paid off or deposited in advance to the pledgee.