Legal analysis: When shareholders attend the shareholders' meeting, each share they hold has one vote. However, the shares of the Company held by the Company have no voting rights. To implement the majority voting principle in the resolution of the shareholders' general meeting, two conditions must be met: first, shareholders representing the majority of shares must be present; Second, it must be passed by more than half of the voting rights held by shareholders present at the meeting. The resolution of the shareholders' meeting must be passed by more than half of the voting rights held by the shareholders present at the meeting. However, the resolutions of the shareholders' meeting to amend the Articles of Association, increase or decrease the registered capital, and the resolutions of the company's merger, division, dissolution or change of corporate form must be adopted by more than two thirds of the voting rights held by the shareholders present at the meeting. If the transfer of the company, the transfer of major assets or the provision of external guarantees must be decided by the shareholders' meeting, the board of directors shall convene the shareholders' meeting in time, and the shareholders' meeting shall vote on the above matters.
Legal basis: Article 43 of the Company Law of People's Republic of China (PRC), the discussion methods and voting procedures of the shareholders' meeting are stipulated in the company's articles of association, unless otherwise stipulated in this Law.
The shareholders' meeting shall make resolutions on amending the Articles of Association, increasing or decreasing the registered capital, and on the merger, division, dissolution or change of corporate form of the company, which must be approved by shareholders representing more than two thirds of the voting rights.