【中文版】

生股是指在企业发行新股时，发行的新股数量超过原有股票数量的一部分。通常，企业发行新股是为了增加资本，改善财务状况，提高股东权益等。生股可以由发行人直接发行，也可以通过认股权证或其他方式发行。

生股的特点在于其具有稀释性，即新股发行会导致原有股票的每股净资产价值下降。因此，生股的发行通常需要经过董事会决议，并通知股东大会审议通过。此外，生股的发行也需要符合相关法规和监管要求。

在投资领域，生股也具有投资价值。投资者可以通过购买生股来获得企业增长和发展的机会，分享企业盈利。同时，生股的发行也为企业提供了更多的融资渠道，有利于企业的发展。

然而，需要注意的是，生股的发行也可能会对原有股东的权益造成影响。因此，在发行生股时，企业需要充分考虑和平衡各方利益，制定合理的发行方案。

总之，生股是企业发行新股时的一种重要方式，对于企业的发展和投资者的投资都具有重要的意义。

【英文版】

A new share refers to the part of the number of shares issued by a company that exceeds the original number of shares. Typically, companies issue new shares to increase capital, improve financial conditions, enhance shareholder value, etc. New shares can be issued directly by the issuer or through warrants or other methods.

The characteristic of new shares lies in its dilutive effect, which means that the issuance of new shares will result in a decrease in the net asset value per share of the original shares. Therefore, the issuance of new shares usually requires a resolution by the board of directors and notification to the shareholders' meeting for approval. In addition, the issuance of new shares also needs to comply with relevant laws and regulatory requirements.

In the investment field, new shares also have investment value. Investors can obtain opportunities for enterprise growth and development by purchasing new shares and share in enterprise profits. At the same time, the issuance of new shares also provides more financing channels for enterprises, which is beneficial for their development.

However, it should be noted that the issuance of new shares may also affect the rights and interests of original shareholders. Therefore, when issuing new shares, companies need to fully consider and balance the interests of all parties and formulate reasonable issuance plans.

In summary, new shares are an important way for companies to issue new shares, which is of great significance for enterprise development and investor investment.