而这些问题的共同点在于和公司的股权结构有关系，公司的股权结构决定了这些典型问题会不会成为挂牌上市的拦路虎。

The commonality of these issues lies in their relationship with the company's equity structure, which determines whether these typical problems will become obstacles to listing.

什么是股权结构？

What is equity structure?

股权结构是指股份公司总股本中，不同性质的股份所占的比例及其相互关系。不同的股权结构决定了不同的企业组织结构，从而决定了不同的企业治理结构，终决定了企业的行为和绩效。

Equity structure refers to the proportion of shares of different natures in the total share capital of a joint-stock company and their interrelationships. Different equity structures determine different organizational structures of enterprises, thereby determining different corporate governance structures and ultimately determining the behavior and performance of enterprises.

为什么要设计股权结构？

Why design equity structure?

业内有种说法，投资=投人=投股权结构，由此可见股权结构对一家公司长远发展的重要性。而我们之所以分析股权结构，就是因为认识到了股权结构对一家企业的重要性。

There is a saying in the industry that investment=investors=equity structure, which shows the importance of equity structure for the long-term development of a company. The reason why we analyze equity structure is because we recognize the importance of equity structure for a company.

股权奠定了一家企业的基因。股权机构能够明晰合伙人之间的权利义务、责任、利益等重要问题，决定了公司的控制权掌握在谁手里，好的股权架构对公司的创立和发展有极大的好处。更重要的是，公司要走入资本市场一定要有明晰的股权结构。

Equity lays the foundation of a company's genes. Equity institutions can clarify important issues such as rights, obligations, responsibilities, and interests among partners, determining who holds the control of the company. A good equity structure is of great benefit to the establishment and development of the company. More importantly, if a company wants to enter the capital market, it must have a clear equity structure.

怎样是好的股权结构？

What is a good equity structure?

（1）简单明晰的股权结构

(1) A simple and clear equity structure

在创始的阶段，创业公司合伙人不是特别多。比较合理的架构是三个人。投资人在投资的时候会看你的创业团队，但合伙人不一定要有完整的组合。投资人在投资的时候，首先关注的是你的产品和CEO的理念，你有没有CTO，COO，这些都不重要，所以，不能为了追求创始合伙人的人数而刻意增加。

In the founding stage, there are not many partners in a startup company. A more reasonable structure consists of three people. Investors will look at your entrepreneurial team when investing, but partners may not necessarily have a complete portfolio. When investors invest, the first thing they focus on is your product and the CEO's philosophy. Whether you have a CTO or COO is not important, so you cannot deliberately increase the number of founding partners just to pursue it.

（2）有核心股东的股权结构

(2) Equity structure with core shareholders

在股权结构设计时，股东里一定要有核心股东，能够决定决策内容。

When designing the equity structure, there must be a core shareholder among the shareholders who can make decisions.

（3）股东之间能够资源互补

(3) Shareholders can complement each other's resources

股东之间的关系好是我少不了你，你少不了你，能够彼此互相帮衬。如果功能职责太过接近，一定会发生纠纷，后很容易另起炉灶。

The good relationship between shareholders is that I cannot do without you, you cannot do without you, and we can support each other. If the functional responsibilities are too close, disputes will inevitably arise and it is easy to start over.

（4）股东之间相互信任

(4) Mutual trust among shareholders

彼此各自独当一面，各干各的活，互相不干涉，彼此信任，背靠背。

Each other takes on their own responsibilities, does their own work, does not interfere with each other, trusts each other, and works back to back.

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有了济南股权设计上面的小总结，希望对广大客户有所帮助，如果有什么不理解的或者寻求帮助的请点击我们的网站：http://www.daoshangbao.com或者来电咨询，我们会尽全力为您解决

With the summary of Jinan Equity Design, we hope it can be helpful to our customers. If you have any questions or need help, please click on our website: http://www.daoshangbao.com Or call to inquire, we will do our best to solve it for you