Does the company's equity transfer need to be announced?

Legal analysis: the company's equity transfer does not need to be announced. Shareholders only need to reach an equity transfer agreement and go through the change registration according to law when transferring shares, and the time for applying for change to the company registration authority is within 30 days from the date of making the change resolution or decision.

Legal basis: "Regulations of the People's Republic of China on the Administration of Company Registration" Article 27 A company applying for registration of change shall submit the following documents to the company registration authority: (1) An application for registration of change signed by the legal representative of the company; (2) resolutions or decisions on changes made in accordance with the Company Law. (3) Other documents required by the State Administration for Industry and Commerce. Where the company's change of registration matters involves the revision of the articles of association, it shall submit the revised articles of association or amendments to the articles of association signed by the company's legal representative. Where laws, administrative regulations or decisions of the State Council require approval to change registered items, relevant approval documents shall also be submitted to the company registration authority. Article 34 Where a limited liability company changes its shareholders, it shall apply for registration of change within 30 days from the date of change, and submit the qualification certificate of the new shareholder or the identity certificate of a natural person.