2. Resolutions made by the shareholders' meeting to amend the Articles of Association, increase or decrease the registered capital, and resolutions on merger, division, dissolution or change of corporate form of the company must be adopted by more than two thirds of the voting rights held by shareholders present at the meeting.
3. If a listed company purchases or sells major assets within one year or the amount of guarantee exceeds 30% of the company's total assets, it shall make a resolution at the shareholders' meeting, which shall be passed by more than two thirds of the voting rights held by the shareholders present at the meeting.
Extended data:
In a limited liability company or a joint stock limited company, shareholders have the right to vote on the affairs of the company according to their shares. The size of shareholders' voting rights depends on the shares held by shareholders. For a limited liability company, the shareholders shall exercise their voting rights at the shareholders' meeting in proportion to their capital contribution; In a joint stock limited company: shareholders attend the shareholders' meeting, and each share they hold has one vote.
Common stock usually represents one vote per share. Preferred shares have the priority to receive dividends and share the remaining property, but these shareholders generally have no voting rights or are subject to various restrictions at the shareholders' meeting; However, these shareholders usually have the right to vote if the dividends of preferred shares are in arrears. Voting rights may be exercised by other persons designated by shareholders.
Baidu Encyclopedia-Shareholder Voting Rights
Baidu Encyclopedia-Company Law of People's Republic of China (PRC) and China-Article 103