The difference between equity financing and non-public offering of shares

First, the difference between equity financing and non-public offering of shares:

Shares of unlisted companies cannot be called stocks, only equity or shares.

Equity financing refers to the company's dilution of equity to obtain capital in the form of private placement.

For example, if shareholder A has 100% equity and a venture capital company of 1000 is introduced, accounting for 20% equity, then shareholder A's equity will be diluted to 80%.