北京大学金融与证券研究中心主任、投资基金法起草小组副组长曹凤岐在接受《粤港信息日报》记者采访时说,国有股减持办法很多,可以进行探索。国家可在发行新股时,存量低价配售。具体建议: 1.扩大国有股配售的对象。适当延长国有股配售后上市流通的时间。该途径适合于国家确定的重点国有企业控股或全资改制的上市公司。 2.引入可转换优先股,创新现有的股本结构,解决上市公司国有股和法人股的流通问题。将试点上市公司的国有股和国有法人股的一部分转为可转换优先股票,所有权不发生转移,明确可转换优先股的回报率、转股期限、转股价格以及回 Cao Fengqi, director of the Financial and Securities Research Center of Peking University and deputy leader of the drafting group of the Investment Funds Law Foundation, told reporters from Guangdong-Hong Kong Information Daily that there are many ways for the state-owned shares to be reduced and the exploration can be explored. Countries can issue new shares, low-cost stock placement. Specific recommendations: 1. To expand the object of state-owned shares placement. Appropriately extend the time for listing and distribution of state-owned shares after allotment. This approach is suitable for the state-owned key state-owned enterprises controlled or wholly-owned restructuring of listed companies. Introduce convertible preference shares, innovate the existing capital structure and solve the circulation of state-owned shares and legal person shares of listed companies. Convert the state-owned shares and state-owned legal person shares of the pilot listed companies into convertible preferred shares without any transfer of ownership, clearly define the rate of return of the convertible preferred shares, the conversion period, the conversion price and the return