Under what circumstances can shareholders ask the company to buy its equity at a reasonable price?
According to Article 75 of the Company Law, in any of the following circumstances, a shareholder who votes against the resolution of the shareholders' meeting may request the company to acquire its equity at a reasonable price: 1. The company has not distributed profits to shareholders for five consecutive years, but the company has made profits for five consecutive years and meets the conditions for distributing profits stipulated in the Company Law; 2. The merger, division or transfer of the company's main property; 3. When the business term stipulated in the Articles of Association expires or other dissolution reasons stipulated in the Articles of Association occur, the shareholders' meeting will adopt a resolution to amend the Articles of Association to make the Company survive. Under any of the above circumstances, the shareholders who disagree with the above-mentioned resolution and vote against it have the right to request the company to purchase the company's equity held by them within 60 days from the date when the resolution is passed by the shareholders' meeting. The price for the acquisition of equity shall be determined through consultation between shareholders and the company. If the shareholders and the company can't reach an agreement on the share purchase, the shareholders can bring a lawsuit to the people's court within 90 days from the date of the resolution of the shareholders' meeting to resolve the dispute through litigation.