The issue of new shares, what is the issue of new shares

Issued**, in several forms:

1. Initial Public Offerings (IPO);

2**Additional issuance, which is the "additional issuance" after listing. The additional issuance is also divided into - 1 public additional issuance, 2 private placement, 3 allotment, etc., 4 debt main shares, ......;

Shandong Weida, to which you mentioned, "approved the company's non-public offering of no more than 16,500,000 new shares." The term "new shares" here"Yes - the new shares, which are "new" compared to the previous "original shares". He is a type of re-issuance.

This is the refinancing of the main board enterprise, and it can also be refinanced after the IPO, but the refinancing of more than 20% or how much belongs to the public offering of the "number of people and the threshold of the amount of funds", and there will be a lot of troublesome processes.

Therefore, you see that almost all corporate refinancing, all use the non-public offering "that is, private placement, designate 10 people or corporate institutions or something", a company's private placement, in fact, it means that the company is very optimistic, and the stock price will rise sharply, because the people who are willing to invest in this company, and generally the private placement will have a premium for the stock price, so almost all companies will rise after the news of the private placement.

Original No thanks!

Legal analysis: The issuance of new shares refers to the issuance of new shares for the purpose of increasing the company's capital or raising the company's capital after the company is established. According to the relevant commercial laws and regulations of China, the company must meet the following conditions for issuing new shares:

1. The shares issued last time have been raised sufficiently, with an interval of more than one year;

2. The company has been profitable for three consecutive years, and Xianqian can never pay dividends to shareholders;

3. There is no false record in the company's financial accounting documents and accounting documents;

4. The company's expected profit margin can reach the bank deposit interest rate in the same period.

Legal basis: Company Law of the People's Republic of China

Article 133 When a company issues new shares, the general meeting of shareholders shall make a resolution on the following remorse:

1) the type and amount of new shares;

2) New share issuance**;

3) the start and end dates of the new share issuance;

4) The type and amount of new shares to be issued to the original shareholders.

1. The issuance of new shares refers to the act of issuing shares on the basis of registered capital after the establishment of the company. Share issuance refers to the legal act of raising capital and allocating shares. Depending on the stage of the company at the time of the issuance of shares, the issuance of shares can be divided into two types: establishment issuance and new share issuance.

Judging from the provisions of the Company Law and the ** Law, the issuance of shares can be divided into several different types of issuance, such as establishment issuance, reorganization issuance and new share issuance.

2. Types of new shares issued.

1) Non-capital increase issuance and capital increase issuance.

Non-capital increase issuance refers to the issuance of shares by the company to raise sufficient capital after the establishment of the company based on the authorized capital system and the total capital limit stipulated in the articles of association of the company. Capital increase issuance refers to the issuance of shares by a company for the purpose of increasing capital.

2) Public offering and non-public offering.

Public offering refers to the issuance of shares to the public; Non-public offering, also known as private placement, refers to the issuance of shares with a specific entity as the object of subscription. The procedure for a public offering is more stringent than that for a private offering.

3) Regular distribution vs. special distribution.

The usual issuance is the issuance of new shares for the purpose of capital increase; A special issuance is not for the purpose of increasing capital, but for the purpose of distributing surpluses, converting provident funds into capital, or converting convertible corporate bonds into shares.

We all know that any kind of shake in the ** market may have a very big impact on the majority of investors, if the stock price rises, we all benefit, if the stock price falls, many investors will lose money, and even lead to exit. And there is a very common vacillation in **, that is, when investors find a new issue**, and then they will be very interested in this **, but they don't know whether to start. So will the issuance of new shares have an impact on **?

Let's talk about this topic easily.

1. Analysis of the trend of new stocks.

Under normal circumstances, when the new shares are just listed, the whole is a downward trend, the reason is that because the new shares have just been listed, it is necessary to absorb the funds of the majority of investors at a low price in the market. When the funds are attracted at about the same time, they will experience **, like this** at the time of the first listing is very likely to show a limit, especially in the a** field is very common, but with the increase in the number of channels in the **now**, it also leads to many investors will not follow up uncontrollably, so it is possible to form the whole stock price fall, **weakened.

2. The issuance of new shares is a negative effect.

In fact, the re-issuance of new shares is a bad news for the whole market, and in the case of the original instability, a new round of issuance also represents a new round of IPO will be launched, which is not good news for investors and the market, because the market will usher in a big ups and downs after the IPO of the company, investors need to be careful and steady if they operate at the moment, because many investors are not clear about ** in the ups and downs of the market, It's best to wait and see what happens, and wait for the trend to stabilize before choosing to operate.

All in all, the issuance of new shares at the beginning of the first day does not have much positive effect on **, and there are even some small negative effects. However, from a long-term point of view, the issuance of any new shares actually has a promotion effect on the whole market, and in the end, the healthy development of the market must continue to inject new ones, and with these new shares can the market continue to change and move forward, so the listing of new shares is a normal and certain trend.

Shares**.

Diversify the funds in **.

A considerable number of investors are also worried about the impact of new share issuances. There are so many funds in the market, the main reason is that the issuance of new shares takes up a large part of the funds, but there are so many more**, of course, the stock price**, many people are selling ** ready to play new shares. The faster the issuance of new shares, the larger the scale, the greater the negative impact on the market, because the funds will be diverted to new shares.

From a theoretical analysis, the resumption of new stock issuance is relatively bad news. Quite a few investors are worried about the impact of new share issuances.

The main thing is to divert the funds of the ** market, and the funds in the secondary market are all going to subscribe for new shares, which will naturally cause ****.

The new share issuance system refers to a series of systems and related arrangements for the pricing, underwriting and offering of new shares in the event of an initial public offering**.

New shares refer to those that have just been issued and listed and are operating normally.

Because in the subscription process, a part of the ** funds will be frozen.

Diverted funds from the secondary market.