Unstable control and restrictions on capital flow.

1. Unstable control rights: When equity relationships are complex and dispersed, there are power struggles and conflicts among multiple shareholders. This leads to difficulty in decision-making, unstable management and uncertainty about the direction of the business, thereby increasing the risk of the loan.

2. Capital flow restrictions: The company’s equity structure is complex and involves multiple investors or shareholders, so capital flow restrictions may occur. Shareholders will limit their freedom of action with regard to capital, which will affect the loan repayment ability and the borrower's credit rating.