How to Realize Stock Liquidation in Limited Liability Company

Only one is legal: equity transfer is a civil legal act in which shareholders of a company transfer their shareholders' rights and interests to others for compensation according to law, so that others can obtain equity. Article 36 After the establishment of the company, shareholders may not withdraw their capital contribution. The corporate property of a company is independent of the shareholders. After the capital contribution by shareholders, the ownership of the property used for capital contribution is transferred to the company. Each shareholder is the owner of the company, and shall bear limited liability, risks and benefits to the company within the limit of its capital contribution. Shareholders only enjoy equity, and the company shall independently bear external liabilities with all its property, and shareholders shall not withdraw their capital contribution. However, if you hold shares in the company on behalf of others and want to realize the realization of stock realization, you are suspected of fraud.

1. Stock repurchase means that listed companies buy back shares held by state shareholders and then cancel them. Repurchase of state-owned shares refers to a way for a company to buy back issued state-owned shares at a certain price or as treasury shares or cancel state-owned shares. The main payment methods can be divided into cash repurchase or divestiture repurchase. The conditions for the company to buy back shares are as follows: First, the capital structure does not meet the requirements of the Company Law that "if the company's total share capital exceeds 400 million yuan, the proportion of public shares must be above 65,438+05%". For example, Shenneng shares account for 80.25% of state-owned shares and 9.53% of public shares; Second, the company's current cash balance is sufficient, and there are no projects to invest. The company has a stable cash inflow every year; Third, the repurchase price is generally slightly higher than the net asset value per share. For example, Shenneng repurchased 65.438 billion yuan of state-owned shares at 25.65438+0 yuan. Generally speaking, as long as the company has enough cash balance, it can buy back shares.

2. Placement of state-owned shares. Placement of state-owned shares means that listed companies regularly sell some state-owned shares to specific investors, so that state-owned shares are gradually listed and circulated. By reducing its shares in this way, the social security fund can not only cash out the funds in time, but also increase the value of the allocated equity assets. Stock-shrinking circulation means that listed companies merge existing state-owned shares at the original issue price, invest in strategic investment funds, and then go public for circulation. State-owned shares and legal person shares held by strategic investment funds shall not be sold in the first year, and the types and quantity of shares to be sold must be announced six months in advance from the second year. If the country wants to quit some industries or companies, it can sell all its shares to strategic investment funds; If you don't want to quit, you can hold it for a long time and keep it relatively.