1. The board of directors of the company shall formulate a shareholding system reform plan;
2. Convene a general meeting of shareholders to consider the reform plan and make a resolution on whether to carry out the shareholding system reform;
3. Inspect and audit companies;
4. Amend the Articles of Association and convene the founding meeting;
5. Go through the formalities of change registration.
The steps of changing a limited company into a joint-stock company are: 1, and make an overall change plan for changing into a joint-stock company; 2. Convene the shareholders' meeting and pass the resolution of changing into a joint-stock company; 3. Change the articles of association, organization, etc. 4. Convert the shares of the shareholders of the original limited company; 5. Bring all materials to the company registration authority for change registration; 6. Make a statement in the newspaper. Article 76 of the Company Law of People's Republic of China (PRC) to establish a joint stock limited company shall meet the following conditions: (1) The promoters shall meet the quorum; (2) It has the total amount of capital subscribed or paid-in by all promoters in accordance with the articles of association; (3) The issuance and offering of shares comply with the law; (4) The promoters shall formulate articles of association, which shall be adopted by the founding meeting; (5) Having a company name and establishing an organization meeting the requirements of a joint stock limited company; (6) Having a company domicile.
Legal basis: People's Republic of China (PRC) Company Law.
Article 9 When a limited liability company is changed into a joint stock limited company, it shall meet the requirements of a joint stock limited company as stipulated in this Law. When a joint stock limited company is changed into a limited liability company, it shall meet the conditions of a limited liability company as stipulated in this Law. Where a limited liability company is changed into a joint stock limited company, or a joint stock limited company is changed into a limited liability company, the creditor's rights and debts before the company change shall be inherited by the changed company.
Article 77 A joint stock limited company may be established by means of initiation or offering. A promoter refers to a company established by the promoters who subscribe for all the shares that should be issued by the company. The establishment by public offering means that the promoters subscribe for part of the shares that should be issued by the company and raise the remaining shares to the public or specific objects to establish the company.