Legal basis: Article 73 of the Company Law of People's Republic of China (PRC), after the equity transfer, the company shall cancel the capital contribution certificate of the original shareholder, issue the capital contribution certificate to the new shareholder, and modify the records of shareholders and their capital contribution in the Articles of Association and the register of shareholders accordingly. There is no need to vote at the shareholders' meeting to amend the Articles of Association this time.
Article 34 of the Regulations on the Administration of Company Registration Where a limited liability company changes its shareholders, it shall apply for registration of change within 30 days from the date of change, and submit the qualification certificate of the new shareholder or the identity certificate of a natural person.