What is the significance of the company's share reform? Why does the company want share reform? What's good for our bottom employees?

Hello, share reform refers to the share-trading reform of listed companies. It is a process to eliminate the differences of share transfer system in A-share market through the interest balance negotiation mechanism between non-tradable shareholders and tradable shareholders. The share setting of China Stock Exchange can be divided into four forms, namely, state shares, legal person shares, individual shares and foreign shares.

The significance of share reform:

1. Promotion of the status of circulating shareholders: The share-trading reform has promoted the status of circulating shareholders in consideration negotiations, and the company has also realized that circulating shareholders are also shareholders of the company, instead of just thinking about circulating shareholders when financing.

2. The circulating equity is superior to the non-circulating equity: In the process of share reform, the concept of circulating equity was established. At the level of circulation, the rights of tradable shareholders are superior to those of non-tradable shareholders, who must obtain the consent of tradable shareholders and pay the consideration of circulation rights.

3. The tradable shares get rich material returns: Non-tradable shareholders have to pay consideration to tradable shareholders in order to obtain the right to circulate, which also means that the shares held by tradable shareholders will increase due to the share reform of listed companies, and the interests of large tradable shareholders will be tied up with the operating conditions of listed companies, so that the interests of small and medium-sized tradable shareholders will be protected to the greatest extent and the material returns will be improved accordingly.

4. The company's material returns have also improved: especially listed companies such as st shares and poor performance stocks, with the help of the consideration mode of injecting high-quality assets in the process of share reform, the company's fundamentals have been completely improved, from a listed company hovering on the edge of losses to a listed company with excellent performance, which is an unprecedented material gain for ST agrochemical circulating shares.

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