股权分置的存在严重扭曲了我国股票市场的价格形成机制和资本市场的完善,同时也制约了上市公司治理的完善。股权分置改革会使股东的利益趋于一致,形成共同的治理基础,从而股东会从各方面改善公司的治理以提高公司的业绩。 The existence of the non-tradable shares has seriously distorted the formation mechanism of the stock market in our country and the improvement of the capital market, and at the same time, it has also restricted the improvement of the governance of listed companies. The non-tradable shares reform will bring the interests of shareholders into line with each other and form a common governance foundation so that the shareholders can improve the governance of the company in all aspects so as to enhance the performance of the company.