1. what are the three types of shareholders?

The so-called "three types of shareholders" refer to contractual private equity funds, asset management plans (mainly fund subsidiaries and brokerage asset management plans) and trust plans; "Three-type shareholders" enterprises refer to enterprises with "three-type shareholders" among direct or indirect investors.

second, in the process of ipo verification, what may be the differences between the three types of shareholders and the general shareholders?

1. Three types of shareholders are typical shareholders.

According to the expression of the Trust Law, trust refers to the act that the trustor entrusts the property right to the trustee based on his trust in the trustee, and the trustee will manage or dispose of it in his own name for the benefit of the beneficiary or for a specific purpose according to the wishes of the trustor. In reality, the three types of shareholders really need to be managers when conducting business. For example, they are all in the name of managers or trustees when registering for business. According to past ipo cases, this kind of holding relationship needs to be restored in addition to disclosure, but the asset management plan is obviously difficult to restore;

2. Lack of third-party evidence for verification

No matter whether it is a company or a partnership, there are industrial and commercial registration, organization code certificate and tax registration certificate, so it is more effective to collect third-party evidence for shareholders or partners' information, such as printing an industrial and commercial information than writing 1, words by a lawyer, and it is obviously much easier to verify related transactions and horizontal competition with this information. However, due to the lack of this link, the three types of shareholders are close to the bilateral agreement and lack of third-party evidence. For example, the trustee may have tens of thousands of customers of multiple products, and it is impossible to verify whether there are potential related parties. According to the action of this round of financial verification, if effective third-party evidence cannot be obtained, it is difficult to make it clear that it is true or not. Who knows that the enterprises in Shanghai are considered bad guys first, and then they need to find countless good people to prove that they are good people?

3. Taxation

This is a potential problem. At present, the tax agreements of various asset management plans are unclear, but the company system and partnership system need to file tax returns and pay taxes on time.