证券配股是什么意思：中英文双语解读

中文段落：

证券配股是指上市公司为了筹集资金，向现有股东按照一定比例发行新股的行为。这种方式既可以增加公司的资本金，也可以提高股东的持股比例。

配股过程中，上市公司会根据公司的实际情况和市场需求，确定配股比例和配股价格。配股比例通常是以现有股份为基础，按照一定的比例向股东发行新股。而配股价格则是根据公司的股价、盈利能力、未来发展前景等因素综合确定的。

对于股东来说，参与配股可以增加其持有的股份数量，从而有可能获得更多的分红和股价上涨带来的收益。但同时，股东也需要承担配股带来的资金压力，因为配股通常需要股东按照比例认购新股，并支付相应的款项。

配股对于上市公司而言，是一种重要的融资方式。通过配股，公司可以筹集到更多的资金，用于扩大生产、研发新产品、拓展市场等。这有助于提升公司的竞争力和市场地位，实现可持续发展。

然而，配股也需要注意风险控制。过高的配股比例可能导致公司股本过度扩张，影响公司的盈利能力和稳定性。同时，如果配股价格过高，可能会增加股东的负担，影响公司的市场形象和股价表现。

因此，在进行配股时，上市公司需要综合考虑公司的实际情况、市场需求和股东利益，制定合理的配股方案，确保配股的顺利进行和公司的长期发展。

英文段落：

Securities allotment refers to the issuance of new shares to existing shareholders by a listed company in a certain proportion to raise funds. This method can increase the company's capital and also enhance the shareholders' holding ratio.

During the allotment process, the listed company determines the allotment ratio and price based on its actual situation and market demand. The allotment ratio is typically set on the basis of existing shares, with new shares issued to shareholders in a certain proportion. The allotment price, on the other hand, is determined comprehensively based on factors such as the company's stock price, profitability, and future development prospects.

For shareholders, participating in allotment can increase the number of shares they hold, potentially leading to more dividends and gains from stock price increases. However, shareholders also need to bear the financial pressure brought by allotment, as it typically requires them to subscribe to new shares in proportion and pay the corresponding amount.

Allotment is an important financing method for listed companies. Through allotment, companies can raise more funds for expanding production, developing new products, and expanding markets. This helps enhance the company's competitiveness and market position, enabling sustainable development.

However, risk control is also crucial in allotment. Excessively high allotment ratios may lead to excessive expansion of the company's share capital, affecting its profitability and stability. Additionally, if the allotment price is too high, it may increase the burden on shareholders, affecting the company's market image and stock performance.

Therefore, when conducting allotment, listed companies need to comprehensively consider their actual situation, market demand, and shareholders' interests. They should formulate reasonable allotment plans to ensure the smooth progress of allotment and the long-term development of the company.