What is the dividend distribution principle adopted by a joint stock limited company?

Legal subjectivity:

You can initiate the establishment of a joint stock limited company and require shareholders to subscribe for all the shares of the company and pay them in full within the agreed time limit. According to the relevant laws and regulations, it can also be established through fundraising.

Legal objectivity:

Article 77 of the Company Law A joint stock limited company may be established by means of initiation or offering. A promoter refers to a company established by the promoters who subscribe for all the shares that should be issued by the company. The establishment by public offering means that the promoters subscribe for part of the shares that should be issued by the company and raise the remaining shares to the public or specific objects to establish the company. Article 78 To establish a joint stock limited company, there shall be two or more promoters, more than half of whom shall have their domicile in China.