IPO企业中“虚拟股权”股份支付研究--以华勤技术为例

Research on"Virtual Equity"Share-based Payment in IPO Enterprises--Taking Huaqin Technology as an Example

IPO企业股份支付问题一直是发行审核部门的关注重点之一,尤其是“虚拟股权”特殊的股权激励方式。文章以华勤技术公司为案例企业,探讨IPO企业“虚拟股权”目前在设立和股份支付方面的现状,以及企业上市过程中的“虚拟股权”的相关问题。研究发现,股份支付处理存在范围不明确、价值计量不准确和设定服务期限会计处理有误的情况。据此,文章提出明确股份支付的范围、对权益工具的公允价值计量和关注设定服务期限的会计处理的建议,企业也需要关注“虚拟股权”存在是否构成实质的股权以及是否存在股权代持、设置是否合法合规性、授予背景和有偿授予部分的资金来源、在法律上的权利义务属性或实质和是否存在纠纷或潜在纠纷五个方面的问题。文章的研究有助于IPO企业在上市过程中,对“虚拟股权”IPO问询的难点和股份支付会计处理进行分析总结,为有意愿IPO企业中“虚拟股权”处理的问题上提供借鉴。

The issue of stock payment for IPO companies has always been a focus of attention for the issuance review department,especially the special equity incentive method of"virtual equity".The article takes Huaqin Technology Co.,Ltd.as a case study to explore the current situation of"virtual equity"in the establishment and stock payment of IPO companies,as well as the related issues of"virtual equity"in the process of enterprise listing.Research has found that there are cases of unclear scope,inaccurate value measurement,and incorrect accounting treatment for setting service periods in the processing of share-based payments.Based on this,the article proposes suggestions on clarifying the scope of share-based payments,measuring the fair value of equity instruments,and paying attention to the accounting treatment of setting service periods.Enterprises also need to pay attention to five aspects:whether the existence of"virtual equity"constitutes substantive equity,whether there is equity agency,whether the setting is legal and compliant,the background of grant and the source of funds for paid grant,the nature or substance of legal rights and obligations,and whether there are disputes or potential disputes.The research in this article can help IPO companies analyze and summarize the difficulties of"virtual equity"IPO inquiries and the accounting treatment of share-based payments during the listing process,providing reference for the treatment of"virtual equity"in companies willing to IPO.