Tangying Agriculture St ock Co, L td in Qi onglai, Chengdu was initiated and organized by the villagers and Tangying Village Committee, its equity structure includes the equity of villagers’contracted land use right, the equity of collective land, the equity of villagers’cash, and the equity of governmental company without interests . This company is managed by management organizati on structure and running mechanism of a st ock company, L td, and its income distributi on method is stock right plus dividend plus salary . This company is a typ ical new - style village organizati on form with l ocal characteristics and is of enlightening value and practical significance t o overall urban - rural devel opment in all parts of China .