The company law stipulates that in several cases, shareholders with more than two-thirds of the voting rights must vote, and the articles of association shall prevail. In the actual registration work, some shareholders are often not at home, or do not attend the meeting without notice.
Article 104 of the Company Law
Shareholders attending the shareholders' meeting shall have one vote for each share they hold. However, the shares of the company held by the company have no voting rights.
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.
According to Article 4 1 of the Company Law and the Regulations on the Administration of Registration of Legal Representatives of Enterprises as Legal Persons, the resolution of the shareholders' general meeting can be effective as long as two-thirds of the shareholders with voting rights attend the meeting, two-thirds of the voting rights are passed, or a certain proportion of voting rights are reached according to the articles of association.