The enterprise share pledge can be a loan, with the loan contract as the main contract and the pledge contract as the subordinate contract. According to relevant laws and regulations, transferable shares can only be pledged. Pledge registration established. Cancellation of pledge also requires registration.

legal ground

Article 443 of the Civil Code

Where a fund share or equity is pledged, the pledge right shall be established at the time of pledge registration. After the pledge, the fund share and equity shall not be transferred, except that the pledgor and the pledgee agree through consultation. The pledgor shall pay off the debts in advance to the pledgee or deposit the proceeds from the fund share and equity transfer.

Article 434

During the existence of the pledge, if the pledgee transfers the pledged property without the consent of the pledger, causing damage or loss of the pledged property, it shall be liable for compensation.