Is it illegal for China companies to have different rights in the same share?

Different rights in the same share are valid and legal under certain circumstances. 1. The agreed form in which the proportion of capital contribution is inconsistent with the proportion of shareholding shall be clearly stipulated in the shareholders' agreement established by the company, and may be written into the articles of association if necessary. 2. The agreement that the proportion of capital contribution is inconsistent with the proportion of equity is valid only if all shareholders agree unanimously. Article 71 Shareholders of a limited liability company may transfer all or part of their shares to each other. Shareholders' transfer of equity to persons other than shareholders shall be approved by more than half of other shareholders. Shareholders shall notify other shareholders in writing to agree to the transfer of their shares. If other shareholders fail to reply within 30 days from the date of receiving the written notice, they shall be deemed to have agreed to the transfer. If more than half of the other shareholders do not agree to the transfer, the shareholders who do not agree shall purchase the transferred equity; Do not buy, as agreed to transfer. Under the same conditions, other shareholders have the priority to purchase the equity transferred with the consent of shareholders. If two or more shareholders claim to exercise the preemptive right, their respective purchase proportions shall be determined through consultation; If negotiation fails, the preemptive right shall be exercised in accordance with their respective investment proportions at the time of transfer. Where there are other provisions on equity transfer in the articles of association, such provisions shall prevail.