First evaluate the company's net worth per share.

1. According to the current company law, the 40% shareholder can only exit by transferring his shares. First, he should transfer them to other shareholders (shareholders have priority). This priority is for the other three shareholders* **Yes, but the exiting shareholder has the right to choose. He can choose to give it to a certain shareholder. Only when it is transferred to a third party (non-shareholder), other shareholders will have priority;

2. Press As mentioned above, this 40% is not transferred equally to the other three shareholders. If any of the other three shareholders insists on such shares, they can acquire them individually at a high ratio (for example, 1:1.2 to grab the shares); usually, If the other three shareholders all want shares, they can sell the shares at a high price (that is, a high ratio). It is important to note that if everyone is optimistic about the company, the share transfer cannot be transferred on a 1:1 basis;

3. I would also like to remind you that this 40% share is the personal asset of the exiting shareholder. As long as it meets the transfer requirements of the company law, he can freely choose to transfer it at a high price; so there is no equal share sharing among everyone as you said. situation, because if the company is not favored, no one may want these 39% shares, or they may have to be transferred at a low price (for example, at a ratio of 1:0.8)

: What should the shareholders of the company withdraw from their shares midway? Liquidation?

First, when a shareholder withdraws his shares, the remaining shareholders of the company will take over. In such a situation, there is no need for liquidation. Instead, the gains and losses from resale will be settled based on the specific circumstances of the company's net assets.

Second, the shareholders’ meeting resolved not to continue operating and managing the company. Therefore, the company needs to liquidate.

When an enterprise liquidates, it must ask an intermediary company to issue a liquidation audit report. At this stage, most tax bureaus require a tax accounting firm to issue one. Liquidation applies to bankruptcy accounting solutions.

The proceeds from liquidated assets are mainly used for liquidation expenses, followed by employee wage insurance expenses, and any remaining balance will be used to pay off debts. Any remaining balance will be distributed proportionally to the shareholders of the company. If the distribution exceeds the initial investment, income tax will also be involved.

Article 74 of the "Company Law of the People's Republic of China" Under any of the following circumstances, the shareholders of the company who voted against the resolution of the shareholders' meeting may request the company to acquire the company at a reasonable price Its equity:

(1) The company does not distribute profits to its shareholders for five consecutive years, but the company continues to make profits during those five years and meets the conditions for profit distribution stipulated in this law;

(2) The company merges, splits, or resells its main assets;

(3) The business period stipulated in the company's articles of association expires or other reasons for dissolution stipulated in the articles of association arise, and the shareholders' meeting passes a resolution to amend the articles of association to enable the company to survive of.

If the company's shareholders and the company are unable to reach an equity acquisition agreement within 60 days from the date of adoption of the resolution of the shareholders' meeting, the company's shareholders can file a lawsuit with the People's Court within 90 days from the date of adoption of the resolution of the shareholders' meeting. litigation.