It is a management style, the employees have shares, earn more, and then have shares will also be more responsible, business will be better and better.

Transferability of shares, that is, shares held by shareholders can be transferred according to law. As stipulated in Article 142 of the Company Law, the directors, supervisors and senior management of the Company shall declare to the Company the shares of the Company held by the Company and its changes, and the shares transferred during the term of office shall not exceed 25% of the total number of shares of the Company held by the Company each year.

The shares held by the Company shall not be transferred within l year from the date of listing and trading of the Company's shares. Directors, supervisors and senior management of the Company may not transfer their shares in the Company within six months after their departure.

Encumbrance

Encumbrance of shares refers to the pledge of shares that are legally transferable and the creation of a pledge right. A written contract shall be entered into and the pledge shall be registered with the securities registrar, and the pledge contract shall take effect from the date of registration.

Shares may not be transferred after the pledge, except with the consent of the pledgor and the pledgee. With the consent of the pledgee, the price obtained by the transfer of shares by the pledgor shall be paid to the pledgee in advance of the settlement of the secured claim or deposited with a third party agreed with the pledgee. However, the Company shall not accept the Company's shares as the subject of the pledge right.