Where the equity is transferred to a third party other than the shareholders, the shareholders who transfer the equity shall apply to the board of directors of the company, and the board of directors shall submit it to the shareholders' meeting for discussion and voting; The equity transfer between shareholders does not need the approval of the general meeting of shareholders, as long as the company and other shareholders are notified.

2.

The two parties sign an equity transfer agreement, stipulating the amount, price, procedures, rights and obligations of both parties, making it an effective legal document to bind and regulate the behavior of both parties. The equity transfer contract shall conform to the general provisions of the contract law.

3.

In the process of equity transfer, in order to prevent the loss of state-owned assets, according to the provisions of Article 3 of the Measures for the Evaluation of State-owned Assets issued by the State Council, the auction, transfer, merger and sale of state-owned assets shall be evaluated. Generally, the price of equity transfer cannot be lower than the value of net assets contained in equity.

4.

For the equity transfer of Chinese-foreign joint ventures or Chinese-foreign cooperative limited companies, according to the current Chinese-foreign joint venture law,