Performance indicators to measure the operating results of a business, which could improve business performance, has positive significance to the promotion of enterprise development. The ownership structure is the basis of the survival and development of listed companies, how to optimize the shareholding structure in order to improve corporate performance has been a problem of listed companies. This article taking the related data of 57 listed companies in the year of 2008 to 2011 as subjects, analyzes the performance and its driving factors for empirical research. According to empirical analysis results, the first shareholders' shareholding ratio, company size, profitability and corporate performance do a significantly positive side on the performance; the second to the tenth largest shareholders and executives shareholding ratio, leverage levels and capital expenditures do a negative side.