The shareholding structure is not a simple shareholding ratio

Shareholding structure: the proportion of different shares and their interrelationships.

I think the first thing is that the shareholding ratio of major shareholders should not be too high, preferably not more than 25%, because it is very large to form a dominant share; secondly, the management holds shares or has implemented an equity incentive plan, which is conducive to the consistency of the interests of the management and shareholders; The high percentage of institutional ownership proves that the company is valuable; Shareholding structure refers to the proportion of shares of different natures in the total share capital of a joint-stock company and their interrelationships. I think the more reasonable ratio is as follows:

1. When there are two shareholders: 70%: 30% or 80%: 20%.

2. Three-person shareholders: 70%: 20%: 10% or 60%: 30%: 10%.

3. When there are more than four shareholders: it is recommended that the founder should keep at least one of the lines of the equity lifeline: such as the absolute holding line (67%), the relative holding line (51%), and the one-vote veto (34%)

I recommend going to Mingde to learn about the shareholding structure, Beijing Mingde Blue Eagle Investment Consulting (hereinafter referred to as "Mingde Blue Eagle") is an investment consulting agency with corporate growth and listing counseling services as its core business.

Mingde Blue Eagle is a company that is well versed in China's capital market listed company executives, securities companies, experienced corporate strategy and management consultants, senior investment and financing, legal, financial experts and people with certain first-class resource backgrounds, focusing on the growth and listing counseling services of companies to be listed.

Shareholding structureRefers to a joint-stock companyTotal share capital, the proportions of shares of different natures and their interrelationships.

The proportion of capital, natural resources, technology and knowledge, market, and management experience in the shareholding structure is influenced by the development of science and technology and economic globalization.

The impact of reasonable shareholding structure arrangement. However, with the development of enterprises, there will also be in and out, and there will inevitably be various conflicts of interest in distribution.

There are three types of shareholding structures

First, the equity is highly concentrated and the absolute controlling shareholder.

Generally, it owns more than 50% of the company's shares and has absolute control over the company.

Second, the equity is highly dispersed, the company has no major shareholders, the ownership and management rights are basically completely separated, and the proportion of shares held by Shan ** Dong is less than 10%.

Third, the company has a large controlling shareholder, and also has a major shareholder, with a shareholding ratio of between 10% and 50%.

Equity capital structure refers to the number of ownership structures of the company's equity, which includes the proportion of shares held by different types of shareholders. The ratio of equity capital structure of a company varies depending on the nature of the company, and is usually divided into listed and unlisted companies. In listed companies, there is generally a game between controlling shareholders and minority shareholders, while in non-listed companies, the shareholding structure is more dispersed.

This ratio determines the distribution of power in the corporate governance structure and influences the company's strategic decisions.

The ratio of equity capital structure is very important for a company, and different ratios can produce different effects. For example, a minority of shareholders who control a company tend to support long-term strategic decisions and encourage steady growth. However, if the shareholding structure is more dispersed, there may be different views and there may be conflicts of interest between different shareholders, which will affect the long-term development of the company.

The ratio of equity capital structure affects the financing channels and financing costs of the company. For companies with a high proportion of controlling shareholders, the leverage effect of financing from the financial market is larger, so the financing cost is relatively low. Conversely, if the shareholding structure is more dispersed, it will need to bear higher financing costs and higher financial risks.

Therefore, understanding the ratio of equity capital structure is an indispensable factor for enterprises and investors when making decisions.

Shareholding structure refers to the proportion of shares of various natures in a joint-stock company, as well as the relationship between shares. The so-called equity refers to the proportion of the shareholding company held by the person who holds the chain, as well as the equity rights and shareholder obligations according to the shareholding ratio. In other words, the rights asserted against the company based on the identity of shareholders, such as the right to dividends, voting rights, etc., are all shareholder rights, that is, equity.

The shareholding structure directly determines the organizational structure and governance structure of the company. Because, the company's shareholding structure determines the composition of the company's general meeting of shareholders, and the general meeting of shareholders, as the highest authority of the company, can determine the company's organizational structure, such as how many directors the company has, what are the rules of procedure of the board of directors, and what are the functions and powers of the board of directors, all of which can be made by the general meeting of shareholders without violating laws and regulations.

With the transfer of the joint-stock company**, the shareholders are constantly changing, so the structure of their shares will also change accordingly.

Article 71 of the Company Law [Equity Transfer].

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; If you do not purchase it, you will be deemed to have agreed to the transfer. For the equity transferred with the consent of the shareholders, under the same conditions, other shareholders have the right of first refusal. If two or more shareholders claim to exercise the right of first refusal, they shall negotiate to determine their respective purchase ratios; If the negotiation fails, the right of first refusal shall be exercised in accordance with the proportion of their respective capital contributions at the time of transfer.

Where the articles of association of the company have other provisions on the transfer of equity, such provisions shall prevail.

The shareholding structure is the basis of the corporate governance structure, and the corporate governance structure is the specific operation form of the equity structure. Different shareholding structures determine different corporate organizational structures, which determine different corporate governance structures, and ultimately determine the behavior and performance of enterprises.

First, the principle of equity structure:

Fairness, contribution and equity ratio should be positively correlated. It can be distinguished according to the importance of the job responsibilities.

Efficiency, according to the speed of personal resources, work efficiency to reasonable allocation of equity, complementary resources, complementary advantages, complement each other's strengths, learn from each other's strengths. You need to have a boss who can make quick decisions about anything.

Second, the law on the law of equity classification:

Reasonable division of equity according to the proportion of capital contribution of shareholders registered in industry and commerce.

Restricted Equity. It is funded or enjoyed at the beginning, but it may take many years to pay before the cash-out mechanism can be reached. Or in the process of enterprise development, transfer, pledge and disposal will be restricted, which is restricted equity.

Options are expectant rights. It is mainly for enterprise employees, and make a plan to motivate core employees, executives, and various VPs.