《公司法》第二十七条和九十六条分别对股东出资的方式和净资产转股份的限额都做了严格的规定。但是对净资产折股中股东的出资方式以及净资产能否全额转股并没有明确,本文从净资产的形成过程,还原到相关资产角度和净资产内涵角度分别分析,从而推论出净资产不能全额折股的理由。 Article 27 and Article 96 of the “Company Law” respectively set strict rules on the ways in which shareholders can contribute to their capital and the limits on the conversion of net assets into shares. However, it is not clear whether the capital contribution method of the shareholders and the net assets can be fully converted into shares in the net assets. The paper analyzes the forming process of the net assets, the relevant assets and the connotation of the net assets respectively to deduce the net assets Reason not to fold the shares