Capital accumulation fund refers to the accumulation fund directly formed due to capital reasons, such as the premium from issuing stocks above par value, revaluation and appreciation of company property, and the value of donated assets. The purpose of the provident fund is to increase the share capital. However, the capital reserve fund shall not be used to make up the company's losses. Upon the resolution of the shareholders' meeting, the reserve fund can be converted into share capital, and new shares can be issued or the par value of each share can be increased in proportion to the original shares of shareholders. When the statutory surplus reserve fund is converted into share capital, the reserve fund retained after the conversion shall not be less than 25% of the registered capital before the conversion.
Tips: The above information is for reference only, and no suggestions are made.
Reply time: 202 1-09-07. Please refer to the latest business changes announced by Ping An Bank in official website.
[I know Ping An Bank] Want to know more? Come and watch I Know Ping An Bank ~
/paim/iknow/index.html