The shareholding structure is the four beams and eight pillars of the company, you may not see its existence, but it determines how far a company can go. In the practice of corporate governance, the clear development direction of Alibaba, Jingdong, millet, Meituan, Haidilao and other companies has a great relationship with their stable equity structure; To a large extent, the company's sound ownership structure ensures that the company's development direction is promoted efficiently along the business philosophy of the founder and management team. On the contrary, the turmoil in the later development process of real Kung Fu, Mobike, hungry me and other companies is not unrelated to its slightly thin equity structure, when the founder and management can not control the company's right to speak, the company's development direction will be in the wind a...

Systemic risk loss is inevitably a huge difficulty to be overcome on the way of shareholder rights protection, and it is also one of the core disputes between the original defendants and the two sides. The lawyers of Shanghai Guolinghouse Law Firm will make a relatively simple basic analysis of the focus of the system risk coefficient.

On July 3, 2019, Liu Guixiang, a deputy ministerial-level full-time member of the Supreme People's Court Adjudication Committee, delivered an important speech at the National Court civil and commercial Trial work Conference, in which Liu Guixiang once again emphasized the importance of unified adjudication standards, and made clear guidance on the adjudication standards for a number of controversial issues such as judicial judgment on the validity of contracts. Among them, the rules of determining the validity of the company's external guarantee contract are particularly concerned.

Cosmetics are daily industrial products necessary for personal consumption. Because cosmetics are in direct contact with consumers' skin and directly affect consumers' health, their safety and efficacy are highly valued by consumers, manufacturers and government regulators. From the perspective of consumers, qualified cosmetics can play a role in cleaning, protection, beauty and modification, and bring pleasure to consumers; Unqualified cosmetics will cause a series of serious skin health problems such as cosmetic contact dermatitis, abnormal skin pigment, and hair damage. Health supervision of cosmetics has become an important and indispensable link to protect the health of consumers. From the perspective of operation, the violation of cosmetic hygiene regulations by cosmetic manufacturers will lead to great operating losses. If it occurs in the product listing process, it will l...

"Company" is a great institutional innovation in the history of human development. The company system, especially the limited liability system of company shareholders, has largely eliminated the concerns of investors and greatly released the enthusiasm of social investment. The wealth of Western society has changed dramatically in just a few hundred years, and it is basically created under the "limited liability system" of companies. With the development of society, the management of managers needs to be more and more diversified, so does the issue of equity. For example, the concept of equal shares and equal rights can no longer meet the needs of enterprise operation. Some operators can release equity based on the needs of company development, but they are not willing to release voting rights in proportion. Some investors are willing to make equity investments in the company, bu...

anaphora July 6, 2019, is destined to be an unacceptable day for countless small and medium-sized investors. The China Securities Regulatory Commission issued the "China Securities Regulatory Commission Prior Notice of Administrative Punishment and Market Ban" (hereinafter referred to as the "Prior Notice"), which removed the last FIG leaf of Kangdesin. Once 100 billion white horse stocks are facing the dilemma of delisting. Throughout the entire "Notice in advance", inflated profits, non-operational funds occupied by controlling shareholders, related transactions, and non-disclosure of major matters, all kinds of shocking words that make the majority of shareholders pop out one by one, beyond everyone's imagination. In fact, as early as October 28, 2018, Kangdexin chaos began to emerge, and its actual controller Zhong Yu was investigated by the CSRC. O...