Can unlisted companies sell their shares?

Legal analysis: Yes. The shares of unlisted companies can be transferred during their tenure, but generally they are transferred internally first, that is, if internal shareholders are willing to contribute to the purchase, no one will subscribe, or external shareholders will be introduced, at this time, the consent of the shareholders' meeting is needed, and the prices of the shares subscribed internally and externally are different.

Legal basis: Article 71 of the Company Law of People's Republic of China (PRC). Shareholders of a limited liability company may transfer all or part of their shares to each other.

Shareholders' transfer of equity to persons other than shareholders shall be approved by more than half of other shareholders.

Shareholders shall notify other shareholders in writing to agree to the transfer of their shares. If other shareholders fail to reply within 30 days from the date of receiving the written notice, they shall be deemed to have agreed to the transfer. If more than half of the other shareholders do not agree to the transfer, the shareholders who do not agree shall purchase the transferred equity; Do not buy, as agreed to transfer.