The Corporate Equity Structure Design And Benefit Study Of Hengyang Baida Pioneer Gas Limited Company

In iron and steel industry, the utilization of blast furnace gas is of crucialimportance in realizing energy conservation and emission reduction, and developinglow-carbon economy and cyclic economy Currently, it is a trend for high-techindustry that masters the core technology of purifying blast furnace gas to establishjoint venture Company with iron and steel industry to utilize the blast furnace gas.There exists close relationship between equity ownership structure and corporategovernance efficiency. Under certain condition, equity ownership structure determinesthe corporate governance structure, and moderate equity ownership structure is alsoone of determinants that affect the efficiency of corporate governance. The equitydesign of joint venture Company will be a core problem that shareholders from bothsides focus on. Meanwhile it is also an important problem that exerts influence on theoperation of company.The thesis will conduct a study on the equity ownership structure and corporategovernance patterns of Hengyang Baida Pioneer Gas Limited Company. With regardto the energy conservation and emission reduction and cyclic economy, this papercarries on analysis on the project technology, equity design of joint venture Company,corporate governance and project economic profits. Thereby, through establishingjoint venture Company of utilizing the blast furnace gas, high-tech industry and ironand steel industry can make waste profitable, protect environment and recyclematerials sustainably, thus actualize the win-win goal of both economic and socialbenefits.