尽职调查也称谨慎性调查，是指在目标企业的配合下，投资者委托中机构从法律、财务、业务层面就与本次投资相关的一切事项展开权中介调查，目的是发现价值、发现风险，进行投资可行性分析。下面山东股权激励人员就来讲讲投资要尽职调查的相关内容吧。

Due diligence, also known as Prudential investigation, means that with the cooperation of the target enterprise, the investor entrusts the Chinese institution to conduct intermediary investigation on all matters related to the investment from the legal, financial and business levels, with the purpose of discovering value, risks and analyzing the investment feasibility. Next, Shandong equity incentive personnel will talk about the relevant content of due diligence for investment.

全面原则

Comprehensive principle

全面原则包括资料全面和人员全面。

The comprehensive principle includes comprehensive information and personnel.

调查者要尽可能地调集所有材料，发现投资暗藏的风险。比如，除查阅拟投资对象当前的工商执照外，还要查阅公司章程、股东出资证明书、出资协议、验资报告、股份转让协议、股权变更登记等一系列文件，以验证其出资是否有瑕疵，股东是否有股权转让方面的限制。

Investigators should collect all materials as much as possible to discover the hidden risks of investment. For example, in addition to consulting the current industrial and commercial license of the proposed investment object, we should also consult a series of documents, such as the articles of association, shareholders' capital contribution certificate, capital contribution agreement, capital verification report, share transfer agreement, and equity change registration, to verify whether there are defects in their capital contributions and whether shareholders have restrictions on the transfer of share rights.

在实地走访中，调查者要尽可能多地和企业人员接触，包括小股东、销售员、后勤部门、上下游客户、竞争对手等，以捕捉有价值的信息。

During the on-the-spot visit, the investigators should contact as many enterprise personnel as possible, including minority shareholders, salespeople, logistics departments, upstream and downstream customers, competitors, etc., to capture valuable information.

透彻原则

Thorough principle

是指调查不能仅停留在表面，还要关注其背后可能隐藏的风险。以专利为例，投资者不仅需要解其是否拥有有专利权，还要了解专利权是否存专利权的地域范围，以及专利许可情况、在便权诉讼风险、是否在有效期间，新换代的周期等内容:以技术人员为例，除关注

It means that the investigation should not only stay at the surface, but also pay attention to the potential risks behind it. Taking patents as an example, investors need to understand not only whether they have patents, but also whether they have patents, the geographical scope of patents, patent licensing, litigation risks in convenience, whether they are within the validity period, and the cycle of new generation. Taking technicians as an example, in addition to focusing on

技术效力、市场效力、专利更新他的学历、工作经验、技术水平外，还要留意他是否与原单位有竞业禁止约定。

In addition to his academic background, work experience and technical level, he should also pay attention to whether he has a non competition agreement with his original unit.

因地制宜原则

Principle of adapting measures to local conditions

针对不同的企业，尽职调查应该有所侧重。初创期的企业，因其股权结构简单、业务模式单一，尽职调查的侧重点应集中在创业团队、知识产权等领域:成熟期的企业，特别是处在阶段的企业，因为成立时间较长，其牵涉的法律关系更加复杂，隐藏的风险点也就更多，所以应该比照拟上市企业规则开展调查。

Due diligence should focus on different enterprises. Due to its simple equity structure and single business model, due diligence should focus on entrepreneurial teams, intellectual property rights and other fields for start-up enterprises: mature enterprises, especially those at the stage of development, should be investigated in accordance with the rules of enterprises to be listed because of their longer establishment time, more complicated legal relationships and more hidden risk points.

不同行业的企业调查重点也不同。在高科技领域，创新能力决定了企业的成长空间，尽职调查的侧重点应集中在知识产权、专利技术、人力资本优势方面。

The survey focus of enterprises in different industries is also different. In the high-tech field, the innovation ability determines the growth space of enterprises, and the focus of due diligence should focus on intellectual property, patented technology and human capital advantages.

尽职调查是做出投资决策之前不可少的一项功课，对于股权投资来说，投入大、风险大，每一次尽职调查，都要付出大的金钱、时间与机会成本。所以，掌握以上几个原则就显得为重要。关注我们http://www.guquanzhanlue.com，了解更多！

Due diligence is an indispensable lesson before making investment decisions. For equity investment, it is a big investment and a big risk. Every due diligence will cost a lot of money, time and opportunity. Therefore, it is very important to master the above principles. Follow us http://www.guquanzhanlue.com Yes, learn more!