Legal analysis: Capital increase and share expansion index enterprises increase their capital by raising shares from the society, issuing shares, and acquiring shares by new shareholders. The company's capital increase must be approved by a special resolution of the shareholders' meeting (or shareholders' meeting) (it must be approved by shareholders representing more than two thirds of the voting rights). The increased registered capital must be verified by an accounting firm, and the company's articles of association must be changed, and the corresponding change registration procedures must be handled.
Legal basis: Article 34 of the Company Law of People's Republic of China (PRC), where a limited liability company increases its capital and shares, the shareholders have the priority to subscribe for the capital contribution in proportion to the paid-in capital contribution, unless otherwise agreed. In the case that the new shareholders contribute to the shares, the old shareholders also need to declare that they will give up all or part of their priority subscription.