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What does the change of investors' rights and interests mean?
Company changes in equity refers to the change of the company's equity. One is that the total number of shares changes, including capital increase and capital decrease, and the other is that the owners of shares change, that is, equity transfer.

Extended data:

Capital increase of a company refers to the act of increasing registered capital according to law in order to expand business scale, broaden business, improve the company's credit standing. There are two forms: the original shareholder's capital increase and the new shareholder's shareholding. The original shareholder's capital increase can be divided into two forms: a single shareholder's capital increase in proportion and all shareholders' capital increase in proportion. Capital reduction of a company refers to the act of reducing registered capital according to the actual situation of its operation due to excess capital or serious losses. There are two common forms: reducing the total capital contribution, changing the original capital contribution ratio without changing the capital contribution ratio, and reducing the capital contribution of each shareholder. Equity transfer is a frequent and common way for shareholders to exercise their equity, and shareholders have the right to transfer all or part of their capital contribution through legal means. The above three situations will lead to changes in the proportion and amount of the company's equity, which in turn will lead to the company's need to change the equity status registered with the Market Supervision Administration, so it is usually called equity change. Most of changes in equity is caused by capital increase and equity transfer.

Restrictions on equity transfer according to law, that is, the conditions set by laws of various countries for equity transfer. This is also one of the most important and complicated restrictions on equity transfer. According to the laws of our country, the restrictions on the transfer of shares according to law mainly include closed restrictions, restrictions on the location of equity transfer, restrictions on the holding time of promoters, restrictions on the qualifications of directors, supervisors and managers, restrictions on the transfer of special shares and restrictions on obtaining their own shares.

Closed restriction

Article 35 of the Company Law stipulates: "Shareholders may transfer all or part of their capital contributions to each other. When a shareholder transfers his capital contribution to a person other than a shareholder, it must be agreed by more than half of all shareholders; Shareholders who do not agree to the transfer shall purchase the transferred capital contribution. If you don't buy the transferred capital contribution, it is deemed that you agree to the transfer.

Restrictions on the location of equity transfer

With regard to the share transfer of a joint stock limited company, Article 144 of the Company Law stipulates: "Shareholders must transfer their shares on a legally established stock exchange." Article 146 stipulates: "The transfer of bearer shares shall take effect when the shareholders deliver the shares to the transferee at the legally established stock exchange." Restrictions on such transit places are also extremely rare in the legislation of various countries.

Time limit for sponsors to hold shares

Article 147 1 of the company law stipulates: "The shares of the company held by the promoters shall not be transferred within 3 years from the date of the establishment of the company." The restrictions on the equity transfer of promoters make the rights of promoters unequal to those of other shareholders, which is not commensurate with the equal exercise of rights by various market entities in the socialist market economy.