What does Tianqi stock do?

Tianqi Co., Ltd. is a national high-tech enterprise, a national intellectual property pilot unit and a provincial engineering technology research center. The company is a well-known supplier of logistics automation technology and equipment for modern manufacturing industry at home and abroad.

The main products are automobile assembly logistics automation system, automobile welding logistics automation system, automobile body storage logistics automation system, automobile painting logistics automation system, airport logistics automation system, automatic three-dimensional warehouse system, and products also involve bulk conveying equipment, wind power generation equipment blades, towers and so on.

Stock is a part of the ownership of a joint-stock company and a certificate of ownership issued by a joint-stock company. It is a kind of securities issued by a joint-stock company to all kinds of shareholders, as a shareholding certificate to obtain dividends and bonuses. Stocks are long-term credit instruments in the capital market and can be transferred and traded. With it, shareholders can share the company's profits, but also bear the risks brought by the company's business mistakes. Each share represents the shareholder's ownership of the basic unit of the enterprise. Every listed company will issue shares.

Every stock in the same category represents the equal ownership of the company. The share of ownership of the company owned by each shareholder depends on the proportion of shares held by each shareholder to the total share capital of the company.

Stock is an integral part of the capital of a joint-stock company and can be transferred and traded. It is the main long-term credit tool in the capital market, but the company cannot be required to return its capital contribution.

Stamp duty is a kind of tax levied on investors of buyers and sellers according to the provisions of the national tax law after stocks (including A shares and B shares) are traded.

The payment of stamp duty is deducted by the securities institution in the delivery with investors, then settled centrally in the clearing delivery between the securities institution and the stock exchange or the registration and settlement institution, and finally paid by the registration and settlement institution to the tax authorities. The charging standard is 1‰ of the A-share transaction amount, and there is no such fee for funds and bonds.

Commission refers to the fees paid by investors to brokers according to a certain proportion of the transaction amount after the entrusted securities are closed. This fee is generally composed of brokerage commissions of securities companies, transaction fees of stock exchanges and supervision fees of management institutions.