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1.配售类。指上市公司非流通股东(通常指国有股股东)将其持有的股份按一定的比例和一定的价格转让(或优先转让)给流通股股东;转让后,被转让的股份成为流通股。这一方案的主要争议之处在于配售价格存在着各种相互竞争的解决办法,如以净资产向原有流通股股东配售,综合净资产和其他指标确定价格,以净资产为底限向上浮动一定幅度确定价格,以市场折价配售,按市盈率定价、竞价配售等。
1. Placement category. Refers to the non-tradable shareholders (usually state-owned shareholders) of listed companies to transfer their shares (according to a certain proportion and a certain price) to holders of tradable shares. After the transfer, the transferred shares become tradable shares. The main controversy of this program lies in the price of the placement there are various competing solutions, such as the net assets of the existing shareholders of tradable shares, the combination of net assets and other indicators to determine the price to float up to the bottom of net assets Range to determine the price to market discount Placing, price-earnings ratio pricing, auction and other placing.