The Company Law stipulates that the provisions on the reduction of shares by directors and supervisors mainly include the following contents:
1. Dong holds no more than 25% of the company's shares each year;
2. The shares shall not be transferred within one year from the date of listing and trading, and shall not be transferred within six months after leaving the company.
Legal objectivity:
Company Law of the People's Republic of China
Article 14 1
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.