Legal analysis: Yes, the borrower can borrow money from the lender with the company equity (shares) held by himself or a third party, as long as the lender allows it, there is no need to meet special conditions. Generally speaking, the borrower should be an enterprise (institution) legal person, other economic organizations, individual industrial and commercial households or a China natural person with full civil capacity approved and registered by the administrative department for industry and commerce (or the competent authority). If the borrower is different from the pledgor, the pledgor shall be the legal owner of the pledged equity and have the right to pledge the equity.
Legal basis: Article 400th of the Civil Code of People's Republic of China (PRC) establishes mortgage, and the parties shall conclude a mortgage contract in writing.
A mortgage contract generally includes the following clauses:
(1) The type and amount of secured creditor's rights;
(2) The time limit for the debtor to perform the debt;
(3) The name and quantity of the mortgaged property;
(4) the scope of the guarantee.