Equity concentration refers to the degree of equity concentration of all shareholders before the split share structure because of different shareholding ratios or different quantitative indicators. The extreme concentration of equity is the main indicator to measure the distribution of a company's equity, and it is also an important indicator of the stability of Hengxing Company.

Shareholders, that is, investors or investors of joint-stock companies, as investors, enjoy the rights of owners to share benefits, make major decisions and choose managers according to the amount of investment (unless otherwise agreed by shareholders).