1. Equity pledge price of unlisted company: Based on the company's net assets corresponding to the share of the pledged equity, both parties may agree on the value of the pledged equity, or entrust a third-party asset appraisal agency to evaluate the equity value. 2. Procedures for equity transfer: 1. Convene a general meeting of shareholders of the company to study the feasibility of selling and purchasing equity, and operate in strict accordance with the procedures stipulated in the Company Law. 2. Hire a lawyer to conduct due diligence. 3. The transferor and the transferee shall conduct substantive consultation and negotiation. 4, the transferor (state-owned, collective) enterprises to the higher authorities to apply for equity transfer, and approved by the higher authorities. 5. Evaluation and capital verification. 6. If the transferred equity belongs to a state-owned enterprise or a wholly state-owned limited company, it needs to be approved and confirmed by the State-owned Assets Office, and then evaluated by an asset appraisal firm. 7. The Transferor holds a general meeting of employees or shareholders. 8. changes in equity's company needs to convene a general meeting of shareholders and form a resolution. 9. The transferor and the transferee sign an equity transfer contract or equity transfer agreement. 1, by the property rights trading center to hear the contract and its attachments, and handle the delivery procedures. Legal objectivity:

According to Article 71 of the Company Law, shareholders' transfer of equity to people other than shareholders shall be approved by more than half of other shareholders. Shareholders shall notify other shareholders in writing about the transfer of their shares for approval. If other shareholders fail to reply within 3 days from the date of receiving the written notice, they shall be deemed to agree to the transfer.