【中文版】

配股是上市公司根据公司发展需要，依照有关法律规定和相应的程序，向原股票持有人发行新股票，筹集资金的行为。配股是上市公司在原有股份的基础上，向持有公司股票的股东新发行一定数量的股份。

配股与增发新股不同，配股具有强制性，股东必须购买。而增发新股是上市公司向不特定对象发行新股，股东可以自主选择是否购买。

配股的价格一般低于市场价格，因为配股是按照比例分配的，所以配股价格低于市场价格可以保证原股东可以优先购买到新股。

配股完成后，公司的股份总数和股东权益会增加，但是公司的总资产和净资产并不会增加，因为配股只是将公司的资本公积金转化为股本。

配股可以为公司提供新的资金来源，对于需要资金支持的公司来说是非常重要的。同时，配股也可以调整公司的股权结构，让公司能够更好地控制自己的股权。

【英文版】

What is Rights Issue?

Rights issue is a way for listed companies to raise funds by issuing new shares to shareholders based on the company's development needs and in accordance with relevant laws and procedures. It is a form of capital increase for listed companies, which allows shareholders to purchase new shares issued by the company.

Unlike additional share issuance, rights issue is mandatory and shareholders must purchase the new shares. Additional share issuance is the issuance of new shares by listed companies to unspecified parties, and shareholders can choose whether to purchase them voluntarily.

The price of rights issue is generally lower than the market price, because the shares are allocated according to a ratio, so the lower price of the rights issue can ensure that the original shareholders have priority in purchasing the new shares.

After completing the rights issue, the total number of shares and shareholder rights of the company will increase, but the total assets and net assets of the company will not increase, because the rights issue only converts the company's capital surplus into share capital.

Rights issue can provide new sources of funding for companies that require financial support, and it is very important for companies to adjust their shareholding structure and allow the company to better control its own shares.