How to explain the term "full shareholding"?

Full shareholding is one of the company's equity incentive strategies. As the name implies, all employees are shareholders holding shares. The purpose of this model is to improve the enthusiasm of employees, reduce the mobility of employees, and let employees serve the enterprise more faithfully. Of course, not all employees take it for granted to issue virtual equity. Taking Huawei as an example, it is still necessary to match the corresponding qualifications and conditions when granting and exercising.

Entrust the ESOP Association (or entrust a third party, usually a financial institution) as a legal entity for custody and centralized management, and the management committee (or board) of the ESOP Association as a legal entity enters the board of directors to participate in voting and dividends. Include two types:

(1) Employees own part of the property rights of the enterprise by purchasing part of the shares of the enterprise, and obtain the corresponding management rights.

(2) employees buy all the shares of the enterprise and own all the property rights of the enterprise, so that their employees have complete management and voting rights over the enterprise.