对目前的股权分置改革阶段的三个代表性方案介绍和简评,提出了简便易行的方案思路,即以总股本和流通市值不变,根据股权比例和市净率确定送股比例,对于每股净资产特别低的企业,利用市场化得出的调整系数对非流通股股东持股价格进行调整后重新确定送股比例,最终确定对价方案。 On the current three stages of the share merger reform stage introduction and briefing of the three representative programs, put forward the idea of ​​simple and easy solution, that is, the total share capital and market capitalization unchanged, according to the proportion of equity and book value to determine the proportion of shares, For companies with particularly low net assets per share, the Company adjusts the shareholding of non-tradable shareholders by adjusting the shareholding of the non-tradable shareholders with the adjustment factor of marketization, and then redefines the proportion of the shares to be delivered and finally determines the proposal of price.