Can a legal person change shareholders' shares privately?

Legal analysis: legal persons cannot change their equity at will. Legal person refers to an organization that independently enjoys civil rights and undertakes civil obligations, not a natural person. The change of the legal representative of the company must be carried out in accordance with the provisions of the Company Law and the Articles of Association, otherwise it will be invalid. As shareholders, they enjoy the rights and interests of shareholders according to law. If you want to quit, you can transfer your equity to shareholders or people other than shareholders according to law.

Legal basis: Article 5 of the Company Law of People's Republic of China (PRC), when engaging in business activities, a company must abide by laws and administrative regulations, observe social morality and business ethics, be honest and trustworthy, accept the supervision of the government and the public, and assume social responsibilities.

The legitimate rights and interests of the company are protected by law and shall not be infringed.