After the equity is pledged, loans can also be made. The enterprise that handles the loan after equity pledge must be an independent legal person, conform to the national industrial policy, have good performance, be registered and managed by the securities registration center and meet other conditions stipulated in the General Rules for Loans. According to Article 434 of the Civil Law, during the pledge period, if the pledgee transfers the pledged property without the consent of the pledger, thus causing damage or loss of the pledged property, it shall be liable for compensation. Article 443rd Where it is agreed to pledge fund shares or equity, 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 425 of the Civil Code of People's Republic of China (PRC) guarantees the performance of the debt. If the debtor or a third party transfers his chattel to the creditor for possession, and the debtor fails to perform the due debt or realize the pledge according to the agreement of the parties, the creditor has the right to be paid in priority for the chattel. The debtor or the third party specified in the preceding paragraph is the pledger, the creditor is the pledgee, and the delivered movable property is the pledged property.