What is equity pledge?

The specific process of equity pledge is as follows:

1. Both parties discuss and reach an agreement on the amount, interest rate and term of equity pledge;

2. Sign the equity pledge contract;

3. Go through the registration formalities of equity pledge in the securities registration company;

4. Lenders release funds.

legal ground

Article 440th of the General Principles of Civil Law of People's Republic of China (PRC).

The following rights that the debtor or a third party has the right to dispose of may be pledged:

(1) Bills of exchange, promissory notes and checks.

(2) Bonds and certificates of deposit.

(3) Warehouse receipts and bills of lading;

(4) Transferable fund shares and equity;

(5) Transferable intellectual property rights such as the exclusive right to use a registered trademark, patent right and copyright;

(6) Existing and future accounts receivable;

(7) Other property rights that can be pledged according to laws and administrative regulations.