What's the warrant for?

The use of stock warrants is introduced as follows:

Equity certificate is the proof of the ownership of the owner's equity, so equity certificate is equivalent to equity certificate. Equity certificate is usually a certificate issued by a joint stock limited company to shareholders, which can prove how many shares the shareholders have in the company. However, we should know that the value of certificates may gradually weaken over time. Because the certificate has a time limit, it does not have the function of a certificate after expiration. Therefore, the certificate of equity is very useful and can be used as a certificate of equity circulation.

The role of rural equity certificate

1. The right to vote, to be elected and to vote: the holder of the rural share certificate has reached the age of 16, has independent civil capacity and can exercise the right to vote, to be elected and to vote;

2. Democratic supervision and management right: holders of rural share certificates can also supervise and manage rural cooperatives and urge their orderly development;

3. Right to criticize and suggest: holders of rural share certificates can also criticize the suggestions of the cooperative board of directors and correct the bad phenomena of the cooperative;

4. Welfare right: shareholders also have the right to enjoy the welfare benefits of cooperatives;

5. Dividend right: regardless of whether the enterprise is profitable or not, holders of rural share certificates can enjoy dividends and their property distribution.

Legal basis:

Article 71 of People's Republic of China (PRC) Company Law Shareholders of a limited liability company may transfer all or part of their shares to each other. Shareholders' transfer of equity to persons other than shareholders shall be approved by more than half of other shareholders. Shareholders shall notify other shareholders in writing to agree to the transfer of their shares. If other shareholders fail to reply within 30 days from the date of receiving the written notice, they shall be deemed to have agreed to the transfer.

If more than half of the other shareholders do not agree to the transfer, the shareholders who do not agree shall purchase the transferred equity; Do not buy, as agreed to transfer. Under the same conditions, other shareholders have the priority to purchase the equity transferred with the consent of shareholders. If two or more shareholders claim to exercise the preemptive right, their respective purchase proportions shall be determined through consultation; If negotiation fails, the preemptive right shall be exercised in accordance with their respective investment proportions at the time of transfer. Where there are other provisions on equity transfer in the articles of association, such provisions shall prevail.