Dry shares refer to company shares obtained by the holder without making any capital contribution. They should be carefully abided by legal provisions to obtain protection. Most of them occur when other shareholders in private enterprises give away shares. The gift of dry shares is related to The interests of shareholders should be approved by the board of directors, and the dividend ratio should be written into the company's articles of association and filed with the Industrial and Commercial Bureau. The amount of dividends for dry shares is equal to the company's distributable profits multiplied by the proportion of shares held by dry shares. If there is an agreement, the agreement will take precedence. Dry stocks generally only participate in profit dividends. If there is a loss, there is generally no dividend. Dividends for dry shares mean that dividends are distributed at the end of the year or at the beginning of the year based on the size of the shares held by the dry shares. First of all, it must be clear that when dividends are distributed, each shareholder should determine the proportion of dividends based on the proportion of the company's shares he or she holds. I think everyone is very clear about this. In addition, the dividends of a formal company are not divided based on the amount of net profits obtained. Instead, according to the needs of the company's development, a part of the profits is used as funds for the company's development, and the remaining part is used. Used as dividends. 1. Wrong understanding of dry shares In reality, some people refer to investment in intangible assets such as industrial property rights and non-patented technologies as dry shares. This actually means that they do not correctly understand the asset value of intangible assets. Intangible assets whose value has been assessed and confirmed, and the transfer procedures have been completed in accordance with the law when the company is established, should be considered as actual capital contributions, not so-called dry shares. Paragraph 1 of Article 27 of the new "Company Law" stipulates that shareholders can make capital contributions in currency or in kind, intellectual property rights, land use rights and other non-monetary properties that can be valued in currency and transferred in accordance with the law; however, Exceptions are made for property that cannot be used as capital contribution according to laws and administrative regulations. Therefore, there are no dry shares in Chinese companies, so there is no such thing as using dry shares as collateral. If the shares are invested with intangible assets, you should check the company's industrial and commercial registration files. The shares in its name are the shares that can be mortgaged according to law. 2. Rights and Obligations of Shareholders The acquisition and existence of dry shares are often predicated on an effective stock grant agreement. The effectiveness of the stock bonus agreement is an agreement between shareholders, and it has the same binding effect on shareholders as the establishment agreement. The content of the stock bonus agreement can also be reflected in the articles of association. Since shareholders have not actually contributed capital, the confirmation of shareholder qualifications is entirely based on the stock gift agreement. If the stock gift agreement is revocable, invalid, or terminated, dry stock shareholders will naturally lose their shareholder qualifications. The rights and obligations of dry stock shareholders For example, the right to claim dividends and voting rights are determined by the agreement, but the shareholders' obligations, especially their external obligations, are the same as those of ordinary shareholders, because the registration of shareholders is open to the public. However, if the shares received by dry stock shareholders are defective shares, under normal circumstances, the transferee of the shares should also be liable for the capital contribution obligation of the shares. However, generally speaking, if some of the shares are defective shares and some are normal shares, then First, the donated shares are deemed to be normal shares, and only when they are insufficient, are they deemed to be defective shares.