In the case of share repurchase, if shareholders vote against the resolution, they can ask the company to buy their shares at a reasonable price. After the equity transfer, the original shareholder's capital contribution certificate shall be cancelled, the new shareholder shall be issued with the capital contribution certificate, and the records of shareholders and their capital contribution in the Articles of Association and the register of shareholders shall be revised. The amendment of the Articles of Association does not require a vote at the shareholders' meeting.
Matters needing attention in equity transfer
First of all, it is necessary to confirm that the transferor has no administrative punishment, litigation or other events that may affect the equity transaction. Secondly, it is necessary to hire qualified accounting firms and asset appraisal companies to audit the transferor's assets, finance and other conditions as the basis for both parties to determine key factors such as transaction price through consultation.
If legal issues are involved, please ask a law firm to handle them and issue relevant documents. After the preparatory work is completed, both parties to the transaction negotiate the most critical transaction price. The transaction price will be slightly higher or lower than the evaluation price according to the assets evaluation results and taking into account factors such as the value-added potential of the enterprise.