What does equity mean?

Capital invested in joint ventures or consumer cooperatives in the form of shares.

Equity is generally applicable to joint stock limited companies, equity refers to the rights and interests enjoyed by shareholders to the company, and equity corresponds to a limited liability company.

There are two types of share capital: (1) the money paid by residents in Shenzhen and Shanghai to subscribe for shares in joint-stock pilot enterprises. (2) At the beginning of the establishment of China Rural Credit Cooperative, the capital paid by the members when they joined the cooperative.