The process of equity pledge loan financing is equity pledge resolution; filing an equity pledge loan application; signing a written loan contract and a written equity pledge contract; handling equity pledge registration; and the lending bank issuing the loan.

The materials that need to be prepared for equity pledge loan financing include equity pledge loan application, a copy of the pledger’s ID card, a copy of the business license, the borrower’s financial statements at the end of the previous quarter, and the equity pledge company’s previous period. Annual asset valuation report, etc.

Legal Basis

Article 443 of the "People's Republic of China and Civil Code"

Where fund shares or equity are pledged, the pledge shall The right is established when the pledge is registered.

After the fund shares and equity are pledged, they may not be transferred, except with the agreement between the pledger and the pledgee. The price received by the pledger from the transfer of fund shares or equity shall be paid off the debt in advance or deposited with the pledgee.