What does it mean for a company limited by shares to issue shares at a premium?

Stock premium issue means that the issue price of the stock is higher than the face value of the stock.

If the issue price is equal to the face value of the stock, it is a parity issue; If the issue price is lower than the face value of the stock, it is a discount.

Stock premium issuance, that is, issuing shares at a price exceeding the face value of the shares, and the premium obtained is included in the company's capital accumulation fund account.