Traditional Culture Encyclopedia - Traditional customs - Company shares 99 and 1
Company shares 99 and 1
Legal analysis: the proportion of shareholders in the company is 99% and 1%. If there is a special agreement on dividends, they shall be distributed according to the agreement; If there is no agreement, dividends shall be paid according to the proportion of capital contribution actually paid by shareholders.
Legal basis: According to Article 35 of the Company Law of People's Republic of China (PRC), shareholders receive dividends in proportion to their paid-in capital contribution; When the company increases its capital, shareholders have the priority to subscribe for the capital contribution in proportion to the paid-in capital contribution. Except that all shareholders agree not to pay dividends according to the proportion of capital contribution or not to subscribe for capital contribution in priority.
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