Mode of shareholder's withdrawal: Under normal circumstances, shareholders of a limited liability company can withdraw their shares by transferring all their shares. If the shares are transferred to an outside person, they shall obtain a written statement that other shareholders give up their preemptive right with the consent of more than half of the other shareholders. Where a joint stock limited company withdraws its capital contribution, it is generally not restricted, but if it is otherwise agreed or stipulated by law, it shall be handled in accordance with the provisions.
Legal objectivity:
Article 11 of the Company Law of People's Republic of China (PRC) * * * To establish a company, the articles of association must be formulated according to law. The Articles of Association are binding on the Company, shareholders, directors, supervisors and senior management. Article 35 After the establishment of the company, shareholders may not withdraw their capital contribution. Article 200 Where the promoters and shareholders of a company withdraw their capital contribution after the establishment of the company, the company registration authority shall order them to make corrections and impose a fine of more than 5% 15% of the withdrawn capital contribution.