Shanghai Zhongyida Co., Ltd, formerly known as China Textile Machinery Factory, has a long history of nearly 90 years. Mainly produces textile machinery and textile machinery related equipment. The main products include high-grade rapier looms, high-grade air-jet looms and looms supporting electrical products. On June 4, 2006, the company held a board meeting, which reviewed and approved the share-trading reform and major asset restructuring. Relevant matters have been reviewed and approved at the extraordinary general meeting of shareholders held on July 3, 20 14. 2065438+July 2004, Great God Group donated 0/00% equity of Xiamen Zhongyida/KLOC to the company for free (with a valuation of 834 million yuan), providing high-quality assets for the company to carry out landscape business. Therefore, the company's main business has shifted from textile machinery to garden industry.
2. The stock is the ownership certificate issued by the joint-stock company. It is a kind of securities issued by a joint-stock company to shareholders to raise funds and obtain dividends and bonuses, as a shareholding certificate. Each share represents the shareholder's ownership of the basic unit of the enterprise. Behind every stock is a listed company. In other words, every listed company will issue shares. Each share in the same category represents the equal ownership of the company. The share of ownership of the company owned by each shareholder depends on the proportion of its shares in the total share capital of the company. Stock is an integral part of the capital of a joint-stock company and can be transferred, traded or mortgaged. It is the main long-term credit tool in the capital market, but the company cannot be required to return its capital contribution.