1. Stock is a kind of securities, which is a stock certificate issued by a joint-stock company to investors when raising capital, representing the ownership of the joint-stock company by its holders (namely shareholders). Buying stocks is also a part of buying a company's business, and it can grow and develop with the company. This kind of ownership is a comprehensive right, such as attending the shareholders' meeting, voting, participating in the company's major decisions, collecting dividends or sharing the dividend difference. , but also bear the risks brought by the company's business mistakes. Getting regular income is one of the important reasons for investors to buy stocks, and dividends are the main source of regular income for stock investors.
2. Where a joint stock limited company is established by means of sponsorship, the registered capital shall be the total share capital subscribed by all promoters registered at the company registration authority. In order to completely open the market economy, the new "Company Law" of 20 14 stipulates that the establishment of a limited company and a joint stock limited company is no longer limited by the initial investment and the time limit for contribution. Where a joint stock limited company is established by offering, the registered capital shall be the total paid-in share capital registered with the company registration authority. (After the implementation of the new Company Law (20 14), both joint-stock companies and limited companies cancelled the restrictions on the minimum registered capital. If laws and administrative regulations have higher provisions on the minimum registered capital of a joint-stock company, those provisions shall prevail.
3. Approval system: also known as franchising system, it means that before issuing new securities, the issuer should not only disclose the real situation, but also meet some substantive conditions in the Company Law, such as the nature of the business operated by the issuer, the qualifications of managers, the soundness of the capital structure, and the solvency of the issuer. The competent securities department has the right to reject applications that do not meet the requirements. -The competent department has the right to directly intervene in the issuance.
4. Registration system: Before issuing new securities, the issuer must first apply for registration with the securities authorities in accordance with relevant laws and regulations. It requires the issuer to provide all information about the securities issuance itself and related securities issuance, and requires the information provided to be true and reliable. The key is whether all investors have mastered all the information released by various securities issuers before investing, and whether they can make correct investment decisions based on this information.