Article 75 of the new Company Law stipulates that in any of the following circumstances, the shareholders who voted 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 it has made profits for five consecutive years and meets the conditions for distributing profits stipulated in this Law; B. The merger, division or transfer of the company's main property; C. 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 passed a resolution to amend the Articles of Association to make the Company. If the shareholders and the company fail to reach an equity purchase agreement within 60 days from the date of adoption of the resolution of the general meeting of shareholders, the shareholders may bring a lawsuit to the people's court within 90 days from the date of adoption of the resolution of the general meeting of shareholders. At the same time, article 143 of the new company law also stipulates that a company may not purchase its own shares. However, except for one of the following circumstances: (1) reducing the registered capital of the company; (2) Merging with other companies holding shares of the Company; (3) Grant shares to employees of the Company; (4) Requiring the company to purchase its shares because the shareholders object to the resolution of merger or division made by the shareholders' meeting. Where a company purchases shares of the company due to items (1) to (3) of the preceding paragraph, it shall be decided by the shareholders' meeting. After the company purchases its shares in accordance with the provisions of the preceding paragraph, if it falls under the circumstances of item (1), it shall cancel the circumstances of items (2) and (4) within ten days from the date of acquisition, and transfer or cancel it within six months. The company's purchase of shares of the company in accordance with Item (3) of Paragraph 1 shall not exceed 5% of the total issued shares of the company. The funds used for the acquisition are paid from the after-tax profits of the company, and the purchased shares are transferred to the employees within one year.