Can the share capital be refunded?

Capital contribution cannot be returned, but can only be transferred, and shareholders have the right to transfer all or part of their capital contribution through legal means. For the issuing company, equity capital refers to the value represented by one share when the stock is issued. The capital stock will become the property of the legal person established by the enterprise, and the enterprise shall be responsible for the debts of the company.

legal ground

Article 125 of People's Republic of China (PRC) Company Law

The capital of a joint stock limited company is divided into shares, and the amount of each share is equal.

The shares of the company take the form of shares. A stock is a certificate issued by a company to prove the shares held by shareholders.

Article 126

Stock issuance shall follow the principles of fairness and justice, and each share of the same class shall enjoy the same rights.

For the same class of shares issued at the same time, the issuance conditions and prices of each share shall be the same; Any unit or individual shall pay the same price for each share subscribed.