Share of China's economy is unique in the field of economic phenomenon, its existence is seriously hampering the healthy development of China's securities market. Small and medium-sized long-term interests of the shareholders have been hurt, so that the share listed on the existence of the Division lost an engine for growth. China also enable the development of capital markets is a lack of a common interest in the trend of system platform. That is why we must promote the share reform of the reason why. On the share reform of the theory that we can study found that the share reform because the problems left over by history. In this paper, the split share structure reform of the North and the background of the theoretical basis for analysis, that our system of checks and the flow of non-tradable shares and shareholders conflicts of interest led to the split share structure, and the performance of the company's decline in market demand and we decided to Must be reformed. The split share structure reform will focus on "price" because of the impact of high and low price of the stock market and the process of approval, in order to avoid panic and man-made stock market volatility, we must pay in the form of value and price relative to the level of research, from which Real were drawn + model is a higher degree of interoperability and ease of calculation is expected to establish the flow of short-term stock market performance is relatively stable for the vast majority of listed companies. The derivatives (Class C) can be a good way to avoid shareholder inequalities between the occurrence of non-tradable shares to shareholders and the shareholders of the outstanding shares in the price of the issue has become a bargaining game market, and eliminate differences in price levels. Experience in the stock market crash after the lifting of the ban's impact on the size of the non-start people, how to look after the lift the market has become the subject of attention, raised the size of the non-regulated revenue through the lifting of the ban to address the impact of the market. Non-tradable share reform to a critical moment, brought about by the follow-up began to surface. We believe that the shares changed circumstances should be more concerned about the company's intrinsic value, the growth performance. The adoption of the reform to explore more of those good listed companies for China's economic development in a healthy and orderly development.