Stock issuance procedure of joint stock limited company

Legal subjectivity:

The procedure for a joint stock limited company to issue shares is to formulate an issuance plan, sign an underwriting agreement with the underwriter, and sign an agreement with the bank to collect shares. According to the relevant laws and regulations, the issue price of shares can be based on the par value or exceed the par value.

Legal objectivity:

Article 126 of the Company Law shall be issued on the principle of fairness and justice, and each share in the same category shall enjoy equal rights. For the same class of shares issued at the same time, the issuance conditions and prices of each share shall be the same; Any unit or individual shall pay the same price for each share subscribed. Article 127 The issue price of shares may be at or above par value, but not below par value.