There is no legal prohibition on two shareholders holding 50% shares of the company. However, the arrangement of 50% equity ratio between the two shareholders may lead to the deadlock of the company and reduce the decision-making efficiency of the company. Article 142 of the Company Law stipulates that 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 l years from the date of listing and trading of the company's shares.
Legal objectivity:
Article 24 of the Company Law of People's Republic of China (PRC) A limited liability company is established by capital contribution of shareholders with less than 50 persons. Article 57 The provisions of this section shall apply to the establishment and organization of a one-person limited liability company. Where there are no provisions in this section, the provisions in the first and second sections of this chapter shall apply. A one-person limited liability company as mentioned in this Law refers to a limited liability company with only one natural person shareholder or one corporate shareholders. Article 78 To establish a joint stock limited company, there shall be two or more promoters, more than half of whom shall have their domicile in China.