Publicity and Time Regulation of Company changes in equity

Changes in equity of the Company shall be publicized to the public through the enterprise credit information publicity system within 20 working days. Failing to fulfill the obligation of publicity on schedule, the administrative department for industry and commerce shall order it to fulfill it within a time limit. An enterprise as a legal person shall, within 30 days after the approval of the competent department or the examination and approval authority, apply to the registration authority for registration of change.

legal ground

Article 10 of the Provisional Regulations on Enterprise Information Publicity

An enterprise shall, within 20 working days from the date of its establishment, publicize the following information to the public through the enterprise credit information publicity system:

(1) Information such as the amount, time and method of capital contribution subscribed by the shareholders of a limited liability company or the promoters of a joint stock limited company;

(2) changes in equity, such as the transfer of shareholders' equity of a limited liability company;

(three) the acquisition, alteration and extension of the administrative license;

(4) Registration information of intellectual property pledge;

(5) Information on administrative punishment;

(6) Other information that should be publicized according to law.

If the administrative department for industry and commerce finds that an enterprise fails to fulfill its publicity obligations in accordance with the provisions of the preceding paragraph, it shall order it to do so within a time limit.