1, capital accumulation fund refers to the company's various value-added caused by the invested capital itself, which is generally not due to the company's production and business activities, and has no direct relationship with the company's production and business activities. Including capital (or equity) premium, accepting cash donation, equity investment preparation, capital transfer, etc. Capital reserve fund is not accrued, while statutory reserve fund needs to be accrued according to regulations. The statutory reserve fund can be used to make up the company's losses, while the capital reserve fund cannot be used to make up the company's losses.
2. Statutory provident fund, also called compulsory provident fund, refers to the provident fund that must be drawn according to the proportion stipulated by law.
3. Arbitrary reserve fund, also known as arbitrary surplus reserve fund, refers to the reserve fund freely drawn outside the statutory reserve fund according to the company's articles of association or resolutions of the shareholders' meeting.
Tips: The above information is for reference only.
Response time: February 9, 2022. Please refer to the latest business changes announced by Ping An Bank in official website.