Legal analysis: the scope of equity pledge guarantee includes the pledged loan principal, interest, penalty interest, liquidated damages, loss compensation and the expenses for the storage and disposal of the pledge. According to the operating conditions of the equity issuing company, the net asset value per share, the nature of the industry and other factors, the proportion of equity pledged loans shall be determined by the lender, the borrower and the pledger through consultation, and the maximum amount of pledged loans shall not exceed 75% of the par value of equity.

Legal basis: Article 226 of the Company Law of People's Republic of China (PRC) stipulates that if the fund shares or equity are pledged, the parties concerned shall conclude a written contract. If the fund share or the equity registered by the securities registration and settlement institution is pledged, the pledge right shall be established when the securities registration and settlement institution handles the pledge registration; Where other shares are pledged, the pledge right shall be established when the administrative department for industry and commerce handles the pledge registration.