Legal analysis: shareholder change process of joint-stock company: step one, the applicant applies to the industrial and commercial bureau for shareholder change. If the application is approved, it will issue an acceptance notice or a receipt of the application materials. Step 2: If the materials are complete and conform to the change, the Industrial and Commercial Bureau will issue a notice of registration decision on the spot. After 5 working days, the Administration for Industry and Commerce can receive the notice of change of registration permission and change the shareholders. For those who do not meet the acceptance conditions, the applicant shall be informed of all the materials that need to be supplemented on the spot or within 5 working days.
Legal basis: Article 72 of the Company Law of People's Republic of China (PRC), when the people's court transfers the shareholder's equity according to the compulsory execution procedures prescribed by law, it shall notify the company and all shareholders, and other shareholders have the preemptive right under the same conditions. Other shareholders who fail to exercise the preemptive right within 20 days from the date of notification by the people's court shall be deemed to have waived the preemptive right.