Judging from the content of the revision, it mainly focuses on the two pillar systems of the company law, namely, the capital system and corporate governance.

1. In terms of the capital system, the new Company Law reflects the adjustment of the legislative concept from one-sided emphasis on capital credit to equal emphasis on capital credit and asset credit, which lowers the threshold for the establishment of a company, relaxes excessive control over the company, greatly reduces the minimum registered capital of the company, relaxes the restrictions on shareholders' contribution, allows the contribution to be paid in installments, cancels the restrictions on the company's reinvestment, and expands the situation in which the company repurchases its own shares.

2. In terms of corporate governance, minority shareholders are given the right to advocate, convene and preside over the shareholders' meeting, the company is allowed to implement the cumulative voting system, the shareholders' right to know the company's account books is implemented, the voting rights of related shareholders and their directors are restricted, and it is stipulated that shareholders have the right to buy shares if they disagree with the company's resolutions, the shareholders have the right to dissolve the company when the company is deadlocked, and the shareholders have the right to file a lawsuit on behalf of the company when directors and supervisors fail to perform their duties.

3. In other aspects, the new company law further clarifies the basic property right structure and property right relationship that companies enjoy legal person property rights and shareholders enjoy equity; Allow the company to arbitrarily determine one of the chairman, executive director and manager as the legal representative; It establishes the standard of equity recognition when changes in equity, a limited company, takes the record of shareholders' register as an effective element and the change of registration as an antagonistic element. The protection of employees' interests and employees' participation in company management have been further strengthened, and the minimum proportion of employees' supervisors and employees' directors have been set up voluntarily.

4. An important breakthrough in the revision of the company law is to give the company more autonomy and reasonably define the mandatory and arbitrary norms of the company law. The company law should be mandatory, but it should also be arbitrary. The outstanding problem of the original company law is that the nature of mandatory norms and arbitrary norms is unclear, and the other is that there are too many mandatory norms and insufficient arbitrary norms. Therefore, an important understanding formed by this revision of the company law is to attach importance to and emphasize the arbitrariness of the company law norms and narrow the scope of its mandatory norms. Reflected in the law, many regulations have become arbitrary, including the priority of share transfer, share inheritance, dividend distribution and so on.