Legal analysis: False shares contributed by shareholders are still valid. However, in the process of establishing a limited liability company, shareholders mainly bear the following two legal liabilities for capital contribution: 1, and liability for breach of contract. This means that shareholders should pay their respective subscribed capital contributions recorded in the Articles of Association in full. Shareholders who fail to pay their capital contribution according to this requirement, or fail to pay their capital contribution in full, will be liable for breach of contract. 2. Joint and several liability. That is, after the establishment of a limited liability company, it is found that the actual price of the physical objects, industrial property rights, non-patented technologies and land use rights contributed is obviously lower than the amount stipulated in the company's articles of association, and the contributing shareholders make up the difference, and other shareholders at the time of the establishment of the company are jointly and severally liable for it.
Legal basis: Article 28 of the Company Law of People's Republic of China (PRC), shareholders shall pay their subscribed capital contributions in full and on time in accordance with the articles of association. Where the shareholders make capital contributions in cash, they shall deposit their capital contributions in full into the account opened by the limited liability company in the bank; Where non-monetary property is used as capital contribution, the formalities for the transfer of property rights shall be handled according to law. Where a shareholder fails to pay the capital contribution in accordance with the provisions of the preceding paragraph, he shall be liable for breach of contract to the shareholder who has paid the capital contribution in full and on time.