How to deal with the withdrawal of shares by company shareholders

Legal analysis: shareholders quit the company and no longer serve as shareholders of the company. There are two main ways to withdraw funds, one is equity transfer, that is, shareholders transfer their company's equity to others, and the other is company acquisition, that is, under certain circumstances, shareholders can ask the company to acquire their equity. Once the shareholders have fulfilled their capital contribution obligations to the company, they become the registered capital of the company, and the registered capital of the company cannot be withdrawn at will. If a shareholder transfers his capital contribution without authorization, it will constitute withdrawing his capital contribution.

Legal basis: Under any of the following circumstances in Article 74 of the Company Law of People's Republic of China (PRC), the shareholders who voted against the resolution of the shareholders' meeting may request the company to purchase its equity at a reasonable price:

(a) 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 as stipulated in this Law;

(2) The merger, division or transfer of the company's main property;

(3) Upon the expiration of the business term stipulated in the Articles of Association or other reasons for dissolution stipulated in the Articles of Association, the shareholders' meeting will adopt a resolution to amend the Articles of Association to make the Company survive.