Key points of equity structure design:

Ⅰ.  Clear core shareholders.

Ⅱ.Ensure the status of the partners' shareholders.

Ⅲ.Jump Out of the principle of allocating equity according to the proportion of capital contribution.

Ⅳ.The shareholding structure is simple and clear.

Ⅴ.Equity redemption agreement.

Ⅵ.Agreement on equity withdrawal mechanism.

Ⅶ.Prevent of external capital holdings.

Ⅷ.The equity structure should not be averaged.