Can the equity of Three Changes and Five Cooperatives be transferred?

The equity of a company’s shareholders can be transferred. The Company Law stipulates that shareholders of a limited liability company may transfer all or part of their equity to each other, and any transfer of equity to an external party requires the consent of a majority of the other shareholders. If the company's articles of association have other provisions on equity transfer, those provisions shall prevail.

Equity is a comprehensive right to the personal and property rights of shareholders of a limited liability company or a joint stock company. That is, equity is enjoyed by shareholders based on their shareholder qualifications and obtains economic benefits from the company. , and the right to participate in the company's operation and management. Equity is the shareholder's investment share in a start-up company, that is, the equity ratio. The size of the equity ratio directly affects the shareholder's voice and control over the company.

When investing in a partnership, shareholders bear unlimited liability; when investing in a legal person, shareholders bear limited liability. So although both are equity, there are still differences between them. The main contents of investing equity in a legal person include: shareholders have the right to bear civil liability only up to the amount of investment, shareholders have the right to participate in the formulation and modification of the legal person's articles of association, and shareholders have the right to act as managers of the legal person themselves or to decide on candidates for the manager of the legal person. , have the right to participate in the general meeting of shareholders, decide on major matters of the legal person, have the right to receive dividends from the corporate legal person, shareholders have the right to transfer equity in accordance with the law, and have the right to recover the remaining property after the legal person is terminated. These rights are derived from the rights enjoyed by shareholders by investing in legal persons.