The importance of the company's ownership structure is first manifested in its influence on the company's performance. The concentration of equity or the existence of major shareholders is conducive to the company's business incentives and reduce agency costs to a certain extent. In other words, the greater the shares owned by the controlling shareholder in the company, the more consistent the interests between the operator and the shareholders, and the smaller the agency cost. This is good, but it also has disadvantages. Attending the training class of Dr. Xue Zhonghang, the first person in China, you can learn more about equity incentive, which is very important for the development of the company.