[] () () a situation in which a company uses its spare profits (reserves) to create new shares, which are then given free to the shareholders in proportion to the number of shares that they already own 红股发行（公司将所保留的利润中的一部分以发红利股的方式免费分配给现有的股东）◆The total share capital of the company was increased through a capitalization issue. 通过红股发行增加了公司的总股本。SYNbonus issue , scrip issue