Why do original shares generally have to be held for at least one year before they can be bought and

If it is the original stock subscribed for in the one-board market, it can be sold on the first day of listing and trading; If it is not subscribed in the first board market, but the original shares of the company that are about to be listed and traded in the ** market, it depends on the nature of the original shares (such as corporate shares, internal employee shares). For example, internal employee shares can only be listed and traded half a year after the ordinary tradable shares are listed and traded.

The original shares were issued prior to the company's listing**. In China's ** market, "original shares" have always been synonymous with profit and wealth. In the early days of China, in the primary market to the public offering of enterprises to the public, if investors buy hundreds of shares, listed in the future, up to tens of yuan, can make a small fortune, if you buy thousands of shares, you can make a fortune, if the financial strength is strong, buy tens of thousands of shares, hundreds of thousands of shares, listed in the future, the profit is millions.

This is the first pot of gold in China. The income of the original stock: through the listing to obtain several times or even dozens of times of high returns, many successful people get the first pot of gold from it.

Every other day, why don't you go to your Red Three Soldiers Private Placement, there are a lot of answers to these kinds of questions.

The landlord can go to the Red Three Soldiers Private Placement to have a look.

Original shares. The reason why it can be sold after 3 years is as follows: the original shares were issued before the company went public**.

Generally speaking, there is a sales restriction period, which is generally 3 years. After 3 years, the shares held by them will be lifted one after another, and they can be sold. Counting from the date of listing and trading of the company's **, it cannot be traded for one year, and the original shares can be traded freely after one year of holding.

The details are as follows: 1. The original shares are restricted when they are first listed, and they need to wait until one year later before they can be listed for circulation. The original shares are restricted when they are first listed, and they need to wait until one year later before they can be listed for circulation;

2. For ordinary original shares, the Company Law.

It is stipulated that it cannot be transferred within one year, and the shares before the issuance of ** by the company are called the original shares, and they cannot be bought and sold within one year from the date when the company ** is listed and traded, and the original shares can be freely traded after one year;

3. If the original shares of the company held are relatively small, then after the company is listed, bring the equity certificate and relevant documents to the ** company to open A shares with equity.

Trading account, wait until the lock-up period has passed, you can sell directly.

1. For those who want to buy the original shares, there are two main ways:

Acquisitions are made when a company issues original shares. The establishment of shares can be initiated or raised. Initiation refers to the establishment of a company by the promoter of the company subscribing for all the shares that should be issued; The establishment of a fundraising refers to the establishment of a company by which the promoter subscribes for a part of the company's shares to be issued, and the rest is open to the public.

The shares subscribed by the promoter cannot be transferred within one year, so the so-called original shares of the first in the society generally refer to the shares that were publicly raised from the public when the shares were established.

Subscription by transfer. The ** held by the promoter of the company is registered **, which cannot be transferred within one year from the date of establishment of the company, and the transfer after one year shall be carried out in the prescribed ** exchange, and shall be transferred by the shareholders in the form of endorsement or other parties stipulated by laws and administrative regulations.

For the public issuance, it can be either registered or bearer. The transfer of bearer** must be made at a legally established ** trading venue. Most of the illegal equity transactions are carried out in the name of investment consulting companies, and investment consulting institutions do not have the qualifications to buy and sell shares.

2. The original shares will have different distribution ratios according to different circumstances.

1. If the company has indeed entered the listing process, it is of course more cost-effective to subscribe for the original shares. However, the key is to judge the reliability of the listing. The general experience is:

Whether there is already a financial advisor, whether a formal audit has been done, who will do the legal opinion, who will underwrite it, etc. With more than 3 of these items, it can explain the listing process that has been entered;

2. The company's subscription** and the issuance of future listing** need to be calculated from the relevant data in the audit report. In principle, the internal subscription price should be a discount to the issue price, such as 5% off. Assuming that the issue price estimated by the underwriter is 10 yuan, the internal subscription is 5 yuan if it is discounted by 5%;

3. There are many uncertainties in the company's performance and market decision;

4. There is a time limit for the original shares to enter the secondary market for circulation and cash-out, that is, the lock-up period (lock-up period), which is generally 1-3 years, and the regulations are different in different countries, different exchanges and different sectors;

5. If the listing is not successful, it is generally not refunded (because it is already a shareholder). However, the controlling shareholder or major shareholder may also be required to repurchase shares when the listing is not reached;

6. Dividends should be based on the company's annual performance, and the board of directors decides whether to divide or not, or how much; If so, it is calculated based on the number of shares held.

I can buy it. Original shares.

It was issued before the company went public**. In China's ** market, "original shares" have always been synonymous with profit and wealth. In China**.

In the early days, the bureau was in the first-class market.

On the issue price to the public offering of enterprises, if investors buy hundreds of shares, listed in the future, up to tens of yuan, can make a small fortune, if you buy thousands of shares, you can make a fortune, if the financial strength is strong, buy tens of thousands of shares, hundreds of thousands of shares, listed in the future, the profit is millions. This is the first pot of gold in China.

Investing in original shares should pay attention to the following:

1. Look at the qualifications of the underwriters.

The purchaser should understand whether the underwriter has the qualifications to grant Wang Qiaoquan to distribute the original shares, and generally the target of the original shares underwritten by institutions authorized by the state to underwrite the original shares are sold only after careful research, and the probability of listing is relatively large; Otherwise, it is easy to be deceived.

2. Business operation.

Buyers should understand the current situation of the production and operation of the offering enterprise. Understand the quality of the company's operating efficiency can be derived from the company's sales revenue.

Total sales tax and profits.

and other items, these figures can be found in the company's sales manual.

3. Look at the use of the issuance.

It depends on the purpose of the issuance**. Generally speaking, the purpose of the sale is to expand some projects of reproduction, the introduction of advanced technology and equipment, and some uses to enhance the development potential of enterprises, etc., which are worth investing in. If the industrial production enterprise sells** is used to supplement working capital.

Private ownership, then we must carefully consider whether the enterprise owes too much capital outside, and the purpose of selling ** is to fill the hole or repay the loss debt of the enterprise, and the purchase of such ** will not create new regenerative value. Therefore, it is impossible to bring good returns to stock buyers, and there is a greater risk.

4. The debt situation of the enterprise.

It depends on the amount of liabilities of the enterprise being sold. When buying the ** of an enterprise, special attention should be paid to some accounting information reports published by the enterprise, which report the total assets of the enterprise for sale.

Total liabilities, net assets, etc.

5. Look at the premium sales ratio.

It depends on the proportion of the premium offering. Most of the corporate offerings** are offered at a premium. The smaller the proportion of the premium offering, the less risk the purchaser has, and the larger the proportion of the premium offering, the greater the risk to the buyer.

6. Look at the first dividend dividend.

It depends on the dividends of the ** dividend. The higher the dividend, the better the use of funds, which is of course the most expected by investors. Therefore, when choosing to buy, it is necessary to look at the level of dividends, the high dividend is the preferred object, and the low one should be carefully purchased.

Based on the above points, if you know enough about your own company, the original shares can be purchased.

Purchase of original shares.

Later, the joint-stock company is not listed, and the original shares at this time can generally only be calculated according to the ** price, and cannot be redeemed unless the enterprise agrees; Once the enterprise loses money, it can only be converted into a corporate liability and liquidated in the bankruptcy of the enterprise.

, in accordance with the regulations, the total debt is repaid.

To buy the original shares, you must first know what the original shares are, look at its issuance, that is, look at the establishment of the acquisition of shares, because the shares subscribed by the promoter shall not be transferred within one year from the date of establishment of the company, the so-called "original shares" in the society usually refer to the shares that are publicly raised from the public when the shares are established. Through the rollover of the listing, many successful people get the first pot of gold from it.

Target. Dividends can be used to achieve a much higher return than bank interest.

Extended Information: How to Withdraw Shares:

**Law. , Company Law.

The regulations on the withdrawal of shares are stricter, because the withdrawal of shares is equivalent to the reduction of the company's registered capital.

This law is very strict. If you want to withdraw shares, you need to approve the company's general meeting of shareholders, and it must be approved by more than 2 3, which is very difficult. The easiest way is to sell ** to someone else, which does not require the consent of other shareholders.

1.For 5 consecutive years, if you attend the company's general meeting of shareholders every year, and the company decides not to pay dividends every year (the company makes a profit but does not pay dividends), and you vote against each time, then you can ask the company to acquire yours according to a reasonable **, and if the company does not acquire, you can ask the court to require the company to acquire. (This provision applies to limited liability companies, and whether or not it applies to the company is controversial and depends on the judgment of the local court).

2.In the event of a merger or division of the company, and you voted against it at the general meeting of shareholders, you can ask the company to acquire your **.

You can ask the company for financial reports.

Here you go, this is the natural right of shareholders, and the provisions of the Company Law are very clear, if the company refuses, it can also sue in court. If the company has held a shareholders' meeting in recent years but has never notified you, you can also file a lawsuit.

Legal analysis: Generally speaking, there is a sales restriction period, and this sales restriction period is generally 3 years. After 3 years, the shares held by them will be lifted one after another, and they can be sold.

Legal basis: Article 141 of the Company Law of the People's Republic of China The shares of the Company held by the promoter shall not be transferred within one year from the date of establishment of the company. The shares issued before the company's public offering of shares shall not be transferred within one year from the date of listing and trading on the company's ** exchange.

Lawyer's analysis: Generally, there is a sales restriction period, and this sales restriction period is generally 3 years. After 3 years, the shares held by them will be lifted one after another, and they can be sold.

Legal basis]:

Company Law of the People's Republic of China Article 141 The shares of the Company held by the promoter shall not be transferred within one year from the date of establishment of the company. The shares issued before the company's public offering of shares shall not be transferred within one year from the date of listing and trading on the securities or securities exchanges.

Summary. Hello, the reason for the 3-year restriction period of the original shares is that the original shareholders of the listed company are afraid that the original shareholders of the listed company will carry out arbitrage operations just after the listing, which will damage the interests of investors in the market.

Hello, the reason for the 3-year restriction period of Qingsheng's original shares is that the original shareholders of the listed company are afraid that the original shareholders of the listed company will carry out arbitrage operations just after the listing, which will damage the interests of investors on the market reputation and prudent front.

The original shares are issued by the company before listing, this kind of ** generally has a restricted period, that is, investors can not sell in the secondary market during the restricted period, and after the restricted period, investors can be cautious to sell the shares in the secondary market, generally speaking, for major shareholders and controlling shareholders, they are generally not allowed to transfer and trade within three years, that is, they can only be sold after three years.