The legal procedures for the acquisition of equity holders are as follows: 1. Determination of acquisition intention (signing the letter of intent for acquisition). The acquisition of equity involves a series of complex legal and financial issues, and the whole acquisition process may take a long time, including the early contact between the two parties and the basic intention. 2. The acquirer makes the acquisition resolution. After the basic intention of acquisition is reached, both parties must make proper arrangements for the acquisition. If the acquirer is a company, it is necessary to convene a general meeting of shareholders to form a resolution on equity acquisition. Where the acquisition authority is exercised by the board of directors of the company, the acquisition resolution shall be made by the board of directors. The resolution is the basic document for the company to implement the acquisition behavior as the acquirer. If the buyer is an individual, the individual can directly express his intention. 3. The target company holds a general meeting of shareholders, and other shareholders give up the preemptive right. In order to successfully complete the acquisition, the shareholders of the target company must hold a shareholders' meeting on the above matters and form a resolution, clearly agreeing to transfer and give up the preemptive right. Fourth, conduct due diligence on the target company and make clear the basic situation of the target company. 5. Sign the acquisition agreement. On the basis of the above work, the two sides finally reached an agreement on the acquisition and signed an acquisition agreement. The drafting and signing of the acquisition agreement is the core link of the acquisition work. 6. Subsequent change procedures. Equity purchase is different from ordinary transactions, and it inevitably involves changes in shareholders, legal persons and articles of association. For the above changes and registration procedures, the target company and its shareholders must fulfill the corresponding assistance obligations.