According to the Company Law, when the business term stipulated in the articles of association expires or other dissolution occurs, the company shall be dissolved and shareholders may withdraw their shares. Other shareholders who hold the majority voting rights of the company may amend the Articles of Association through resolutions of the shareholders' meeting and decide to extend the operating period of the company.
At the same time, Article 73 of the Company Law: In any of the following circumstances, a shareholder who votes against the resolution of the shareholders' meeting may request the company to purchase its equity at a reasonable price:
(a) the company has not distributed profits to shareholders for five consecutive years, but the company has made profits for five consecutive years and meets the conditions for distributing profits as stipulated in this Law;
(2) The merger, division or transfer of the company's main property;
(3) Upon the expiration of the business term stipulated in the Articles of Association or other reasons for dissolution stipulated in the Articles of Association, the shareholders' meeting will adopt a resolution to amend the Articles of Association to make the Company survive.