Changes of shareholders need to be registered with the Industrial and Commercial Bureau, and changes need to prepare complete information of the company. The change of shareholders must be carried out in accordance with the prescribed legal procedures, and the law has clear provisions on the change of shareholders and other related issues. The company's shares are bought and sold through equity transactions, causing changes in shareholders. The equity change of a limited liability company must sign an equity transfer agreement and file it with the Administration for Industry and Commerce. For public companies, the transaction of equity in the secondary market only needs to change specific shareholders and go through corresponding procedures.
Legal objectivity:
Article 137 of the Company Law of People's Republic of China (PRC) stipulates that the shares held by shareholders can be transferred according to law. Article 138 of the Company Law of People's Republic of China (PRC) * * * Shareholders shall transfer their shares at a legally established securities exchange or in other ways as stipulated by the State Council. Article 141 of the Company Law of People's Republic of China (PRC), the shares of the Company held by the promoters shall not be transferred within one year from the date of establishment of the Company. Shares issued before the public offering of shares by the company shall not be transferred within one year from the date of listing and trading of the company's shares on the stock exchange. The directors, supervisors and senior managers of the company shall report to the company the shares they hold and their changes, and the shares transferred each year during their term of office shall not exceed 25% of the total shares they hold; The shares held by the company shall not be transferred within one year from the date of listing and trading of the company's shares. The above-mentioned personnel shall not transfer their shares in the company within six months after leaving the company. The articles of association may make other restrictive provisions on the transfer of shares held by directors, supervisors and senior managers of the company.