Can the subscribed shares be pledged?

The subscribed equity can be pledged because it can be transferred. According to relevant laws and regulations, pledge to a third party requires the consent of more than half of the shareholders. Pledge registration can be established. Only transferable shares can be pledged.

legal ground

Article 430 of the Civil Code

The pledgee has the right to collect the fruits of the pledged property, unless otherwise agreed in the contract.

The fruits specified in the preceding paragraph shall be used as the expenses for collecting fruits first.

Article 440

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.