傳統企業互聯網轉型，戰略和商業模式解決做什么、怎么做，合伙股權設計解決的是誰投資、誰來做、誰收益的問題，這些問題，不但解決了企業的產權問題，也解決了企業的分配問題，還解決了企業的經營管理問題，因此，合伙股權的設計就是企業的頂層設計。

In the Internet transformation of traditional enterprises, the strategy and business model solve the problems of what to do and how to do. The partnership equity design solves the problems of who invests, who will do and who will benefit. These problems not only solve the problem of enterprise property rights, but also solve the problem of enterprise distribution, but also solve the problem of enterprise operation and management. Therefore, the partnership equity design is the top-level design of the enterprise.

有公司的歷史就是有股權的歷史，股權伴隨每個企業生命周期的每個階段。工業化時代企業成功在于善用經理人，互聯網時代企業成功在于善用股權。那么我們在設計股權之后其他需要關注的問題是什么？

The history of a company is the history of equity. Equity accompanies each stage of each enterprise's life cycle. The success of enterprises in the industrial era lies in the good use of managers, and the success of enterprises in the Internet era lies in the good use of equity. So what are the other issues we need to pay attention to after setting up equity?

（一）公司價值

（1） Company value

公司價值的大小不僅關系股東利益，而且還影響會計信息的相關性，采用不同的方法計量股東權益，必然導致不同的結果，根據資產價值屬性選擇恰當的方法計量股東權益價值尤為關鍵。

The size of the company's value is not only related to the interests of shareholders, but also affects the relevance of accounting information. Using different methods to measure shareholders' equity will inevitably lead to different results. It is particularly critical to choose an appropriate method to measure the value of shareholders' equity according to the attribute of asset value.

（二）公司架構

（2） Company structure

股權架構就像設計大樓的架構，核心主體公司股權結構，項目子公司股權結構，關聯公司交易結構。沒有設計好大樓架構，工程隊再給力也不可能造出摩天大樓。

The ownership structure is like the structure of the design building, including the ownership structure of the core subject company, the ownership structure of the project subsidiary and the transaction structure of affiliated companies. Without the design of the awesome building, the engineering team can not build skyscrapers anymore.

（三）公司治理

（3） Corporate governance

從廣義角度理解，是研究企業權力安排的一門科學。從狹義角度上理解，是居于企業所有權層次，研究如何授權給職業經理人并針對職業經理人履行職務行為行使監管職能的科學。

From a broad perspective, it is a science to study the arrangement of enterprise power. In a narrow sense, it is a science that lives at the level of enterprise ownership, studies how to authorize professional managers and exercise supervision functions for professional managers' performance of their duties.