Legal basis: Article 43 of the Company Law of People's Republic of China (PRC), the discussion methods and voting procedures of the shareholders' meeting are stipulated in the company's articles of association, unless otherwise stipulated in this Law.
The shareholders' meeting shall make resolutions on amending the Articles of Association, increasing or decreasing the registered capital, and on the merger, division, dissolution or change of corporate form of the company, which must be approved by shareholders representing more than two thirds of the voting rights.