The investment on the incremental distribution network by mixed ownership is beneficial to the complementary advantages of all parties and the efficiency improvement of capital management. For the incremental distribution network with multiple investment entities, the investment capital and the risk are different, resulting in a certain difference in the income distribution.The cooperative game theory is applied to the profits distribution of incremental distribution network, and the Nash negotiation model is used to establish a profits distribution scheme, which makes each investor of the incremental distribution network satisfied.