How do shareholders dissolve the company?

The ways for shareholders to dissolve the company are: 1. The shareholders’ meeting or shareholders’ general meeting resolves to dissolve the company; 2. If legal circumstances are met, shareholders holding more than 10% of the voting rights of all shareholders of the company can apply to the People’s Court Dissolve the company.

Legal Basis

Article 43 of the "Company Law of the People's Republic of China" The discussion methods and voting procedures of the shareholders' meeting shall, except as provided for in this Law, be governed by provisions of the company's articles of association. Resolutions to amend the company's articles of association, increase or decrease the registered capital, and resolutions to merge, split, disband, or change the company's form must be passed by shareholders representing more than two-thirds of the voting rights at the shareholders' meeting. Article 182 If a company encounters serious difficulties in its operation and management, and its continued existence will cause heavy losses to the interests of shareholders, and cannot be solved through other means, shareholders holding more than 10% of the voting rights of all shareholders of the company may request the People's Court for dissolution company.