Legal analysis: financing is generally approved by the CSRC and financed by brokers. Brokers are responsible for issuing new shares, and the funds for subscription of new shares are financing funds. After deducting the issuance expenses, it will be included in the account of the listed company. The price of issuing shares generally depends on the performance of the original enterprise. The original share capital has a large income per share, and the same price-earnings ratio can enjoy a high premium, that is, a higher share price. It is certainly beneficial for listed companies to issue higher prices. Financing requires a certain proportion of unlimited financing, for example, the policy stipulates that the financing amount is 50% of the assets, that is, 50W.
Legal basis: Provisions of the Supreme People's Court on Several Issues Concerning the Application of Laws in the Trial of Private Lending Cases Article 12 A legal person or other organization raises funds from employees in the form of loans within its own unit for the production and operation of its own unit. There is no situation as stipulated in Article 52 of the Contract Law or Article 14 of these Provisions. If the parties claim that the private lending contract is valid, the people's court shall support it.