交叉持股又称为相互持股,是指法人股东互相进行投资,交叉持有对方服份的情况,在我们国家目前法律环境下,除了证券类企业外,其他行业交受持股是没有明确的法律限制的,这就给很多企业集团用较小现金流权教的较大控制权留下了巨大的空间;这种持股形式比较复杂,在公司整合中被经常使用.

Cross shareholding, also known as cross shareholding, refers to the situation where corporate shareholders invest in each other and cross hold each other's shares. In the current legal environment of our country, except for securities companies, there is no clear legal restriction on the transfer of shares in other industries, which leaves a huge space for many corporate groups to exercise larger control rights with smaller cash flow rights; This form of shareholding is quite complex and is often used in company integration

单一型交叉持股

Single type cross shareholding

这是一种最简单的交叉持股结构,只存在于2家公司之间,A公司对B公司持股,同时B公司又对A公司投资并持有其股权;这种持股结构是交叉持股基本的类型,其他类型交叉持股结构都由此演变而来.

This is the simplest cross shareholding structure that only exists between two companies. Company A holds shares in Company B, while Company B invests in and holds its equity in Company A; This type of shareholding structure is the basic type of cross shareholding, and other types of cross shareholding structures have evolved from it

环状型交叉持股

Circular cross shareholding

其是指各个企业相互依次持股,彼此之间形成一个闭环的持股体系,AB公司之间、BC公司之间、CD公司之间、DA公司之间相互持股,彼此成为对方股东,形成一个复杂的股权体系.

It refers to the mutual shareholding of various enterprises, forming a closed-loop shareholding system. AB companies, BC companies, CD companies, and DA companies hold shares with each other, becoming each other's shareholders, forming a complex equity system

网状型交叉持股

Mesh shaped cross shareholding

其是指所有参与交叉持股的企业,全部都与其他企业产生交叉持股关系,A、B、C、D四家公司,每1家均与其他3家公司有持股和被持股的关系,这是一种非常复杂的交叉持股结构.

It refers to all companies involved in cross shareholding, all of which have cross shareholding relationships with other companies. Companies A, B, C, and D each hold shares and are held by the other three companies. This is a very complex cross shareholding structure

放射型交叉持股

Radial cross shareholding

其是指以一家公司为核心,由该公司分别与其他公司形成交叉持股的关系,但其他公司相互之间不交叉持股.

It refers to the formation of cross shareholding relationships between a company and other companies, with one company as the core, but other companies do not cross shareholding with each other

混合型交叉持股

Mixed cross shareholding

其是指整个持股结构中.包含了上述两种以上交叉持股的形式.

It refers to the entire shareholding structure, which includes the above two or more forms of cross shareholding

在这五种类型的交叉持股结构中,单一型交叉持股、环状型交叉持股网状型交叉持股结构中不存在核心公司,各公司彼此之间没有主次关系;放型交叉持股、混合型交叉持股的结构中存在核心公司A,在股权体系中居于核心地位,一般用于集团母子公司之间相互持股;在投入同样资金的情况下，通过交叉持股可以实现对控制权的放大，同时削弱其他投资者的控制权.

Among these five types of cross shareholding structures, there is no core company in the single type cross shareholding, circular type cross shareholding, and network type cross shareholding structures, and there is no primary or secondary relationship between the companies; In the structure of diversified cross shareholding and mixed cross shareholding, there exists core company A, which occupies a core position in the equity system and is generally used for mutual shareholding between parent and subsidiary companies of the group; By investing the same amount of capital, cross shareholding can amplify control and weaken the control of other investors