At the same time , the article analyzed the economic profits and negative effects . moreover , a thorough analysis was conducted on the relative advantages , disadvantages and interactive elements of going public via buying a public shell . the forth part is made of case study 笔者借助了数学工具进行了成本收益推导，借以分析买壳方在上市操作的一系列过程中折算成现值的成本与收益，同时分析各方经济效益、负面作用及买壳上市于企业的相对融资优势及制约因素。
Investment or cooperation condition into shares and share holding rights of the enterprise or even though it does convert its investment or cooperation condition into shares and rights , the conversion will not be considered at all or only considered to limited extent when distributing dividends , shouldering losses , paydebts and redistributing leftover properties while terminating cooperation . administration and reclamation of investment can be conducted in a different way from that of joint venture enterprises 中外合作经营企业与中外合资经营企业最主要的区别是，合作各方的投资或合作条件可以不折算成股权，或者虽折算成股权，但收益分配风险承担债务分担及企业终止时剩余财产的分配等，可不按投资的股权状况来决定，投资回收方式和经营管理方式也可与合资企业不同，有更大的灵活性。
Probably means : if maotai authority card is current valence is 1 yuan , according to computation , identify a scale for 10 : 1 , namely 1000 equity card , can convert becomes 100 stocks , and price of the maotai when counterpoising all right is 20 yuan , and you can go out with selling 10 yuan only , if be no good , authority can clear automatically 大概意思是：茅台权证假如当前价是1元，根据计算，认股比例为10 ： 1 ，即1000股权证，可以折算成100股股票，而行权时茅台价格是20元，而你只能以10元卖出，假如不行权会自动归零！
Share of hold of legal person share basically includes to launch an unit ( to building joint - stock company character ) with etc the legal person of all sorts of property ( unit ) the share with subscribe of its own reserves ; former cooperative weighs the stock that the convert after appraise becomes with its asset ; original company reorganizations when be joint - stock company , will former company is redundant the worker award fund that did not deliver turns the worker shares share , its droit still puts in an unit ' s charge , the individual was not used , have and discretion ; can hold according to concerned regulation the share of bank or hold of investment of place of other finance orgnaization 法人股持有股份主要包括发起单位（对新建股份公司而言）以及其他各种性质的法人（单位）以其自有资金认购的股份；原集体企业以其资产重估后折算成的股份；原有企业改组为股份公司时，将原企业多余未发的职工奖励基金转作职工共有股份，其所有权仍归单位，个人没有使用、占有和处理权；按照有关规定可以持股的银行或其他金融机构所投资持有的股份。
