Designing equity structures requires analyzing the specific types of enterprises and designing diversified structures. Next, let's talk about the three top-level setting modes of Jinan's equity structure design:
1.一元股權(quán)架構(gòu)
1. Unified equity structure
2.二元股權(quán)架構(gòu)
2. Dual equity structure
3.多元股權(quán)架構(gòu)
3. Diversified equity structure
一元股權(quán)架構(gòu)
Unified equity structure
直接按各自出資分割股權(quán)、分享股權(quán)決策權(quán)及分紅權(quán),這是簡(jiǎn)單、較傳統(tǒng)的股權(quán)架構(gòu)類型。一元股權(quán)架構(gòu)這種是指股權(quán)的股權(quán)比例、表決權(quán)(投票權(quán))、分紅權(quán)均一體化。采用該種股權(quán)架構(gòu),看似簡(jiǎn)單地解決了股權(quán)分配的難題,但由于股東之間的股權(quán)比例只能根據(jù)其出資來確定。
Directly dividing equity, sharing equity decision-making rights, and dividend rights based on their respective contributions is a simple and more traditional type of equity structure. The unitary equity structure refers to the integration of equity ratio, voting rights (voting rights), and dividend rights. Adopting this equity structure may seem like a simple solution to the problem of equity distribution, but due to the fact that the equity ratio between shareholders can only be determined based on their capital contributions.
二元股權(quán)架構(gòu)
Dual equity structure
二元股權(quán)架構(gòu)是指股權(quán)在股權(quán)比例、表決權(quán)(投票權(quán))、分紅權(quán)之間做出不等比例的安排,將股東權(quán)利進(jìn)行分離設(shè)計(jì)。比一元股權(quán)架構(gòu)更靈活一些的,還有二元股權(quán)架構(gòu)。二元股權(quán)架構(gòu)在國(guó)外非常普遍,這種股權(quán)結(jié)構(gòu)能幫助創(chuàng)始人和大股東在公司上市后仍能保持對(duì)公司的控制權(quán)。這種架構(gòu)設(shè)計(jì),適合那些需要將分紅權(quán)給某些合伙人,但將決策權(quán)給創(chuàng)始人的多個(gè)聯(lián)合創(chuàng)始人的情況。
The binary equity structure refers to the unequal proportion arrangement of equity between equity ratio, voting rights (voting rights), and dividend rights, which separates and designs shareholder rights. There is also a binary equity structure that is more flexible than a single equity structure. The dual equity structure is very common abroad, which can help founders and major shareholders maintain control over the company after its listing. This architecture design is suitable for situations where multiple co founders need to delegate dividend rights to certain partners but delegate decision-making power to the founders.

多元股權(quán)架構(gòu)
Diversified equity structure
在二元股權(quán)架構(gòu)的基礎(chǔ)上,將公司的股東分為多個(gè)類型,創(chuàng)始人、合伙人、員工、投資人,資源股東等等。針對(duì)他們的權(quán)利進(jìn)行整體性安排,以實(shí)現(xiàn)企業(yè)維護(hù)創(chuàng)始人控制權(quán)、凝聚合伙人團(tuán)隊(duì)、讓員工分享公司財(cái)富、促進(jìn)投資者進(jìn)入等目標(biāo)。相對(duì)于前兩種股權(quán)架構(gòu)來說,多元架構(gòu)能充分考慮企業(yè)各類主體間的利益關(guān)系,以及各類主體對(duì)企業(yè)本身的貢獻(xiàn)等多方因素,來指導(dǎo)股權(quán)的劃分思路;
On the basis of the binary equity structure, the shareholders of the company are divided into multiple types, including founders, partners, employees, investors, resource shareholders, and so on. Make overall arrangements for their rights to achieve the goals of maintaining founder control, consolidating partner teams, allowing employees to share company wealth, and promoting investor entry. Compared to the first two types of equity structures, a diversified structure can fully consider various factors such as the interest relationships between various entities of the enterprise, as well as the contributions of various entities to the enterprise itself, to guide the division of equity ideas;
因此在此種架構(gòu)下劃分股權(quán)能有利于公司整體的發(fā)展,而不是個(gè)別股東利益大化,同時(shí)也符合企業(yè)治理的需求。
Therefore, dividing equity under this structure can be beneficial for the rapid development of the company as a whole, rather than maximizing the interests of individual shareholders, and also meet the needs of corporate governance.
That's all for the specific content of the three top level setting modes of the equity structure. I hope it can be helpful to you. For more details, please come to our website http://www.qingyanghualv.com consulting service