股份制

gǔfènzhì

noun

Meanings

1 joint-stock system
2 shareholding system
3 equity-based corporate structure

Characters

Examples

HSK 5

股份制是现代企业的主要组织形式。

Gǔfènzhì shì xiàndài qǐyè de zhǔyào zǔzhī xíngshì.

The joint-stock system is the main organizational form of modern enterprises.

HSK 7-9

这家国企实行了股份制改革。

Zhè jiā guóqǐ shíxíng le gǔfènzhì gǎigé.

This state-owned enterprise has carried out shareholding reform.

Tips

history

股份制改革 ('shareholding reform') was the core mechanism of China's 1990s SOE restructuring - splitting state monopolies into equity-based corporations that could list on the new Shanghai and Shenzhen exchanges.

Stroke Order

股 gǔ

份 fèn

制 zhì