国有股减持是中国股市绕不过的关。过去和现在的种种减持思路都没有得到广泛的市场认同 ,引发了理论上和实践上的轩然大波 ,给社会和个人带来了巨大损失。究其原因 ,主要是没有切实把握国有股的历史成因和真实价值。因此 ,尊重历史 ,还原国有股的真实价值 ,才能真正设计出一个科学、合理 ,让大家都满意的减持方案来。 The reduction of state-owned shares is a turning point for China’s stock market. Neither the past nor the current reduction mentality have gained broad market acceptance, triggering uproar in both theory and practice, which has brought enormous losses to society and individuals. The reason for this is that the historical cause and the true value of state-owned shares are not properly grasped. Therefore, respecting history and restoring the true value of state-owned stocks can we really design a reduction plan that is scientific, reasonable and satisfying for all.