Abstract: Judicial Interpretation(Three)of Company Law has stipulated the stock ownership in a valid contract with dormant partnership. However it does not stipulate the means of stock ownership of the contract of which the legal validity of the contract is to be settled or it has lost. What the anonymous investors and dummy shareholders agree on includes the ownership of investment rights, interests and the shareholders. Among them, the investment rights and interest can be agreed up by all interested parties, but the identity of the shareholders cannot. It is the premise to distinguish investment rights and interest and identity of shareholders for the judgment of ownership when the contract is invalid