Research on the Exercise Essential Elements of Shareholders' Priority Purchase Rights
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Shiping Li, Xiamei Dou, Xiaofei Wu
Shareholders' right of first refusal is the exclusive right to give the shareholders of the company, the scope of their rights, conditions and exercise time and other elements related to the vital interests of the parties. Combined with the requirements of Chinese company law and judicial interpretation, the exercise of the rights is limited to the case of the transfer of shares of the company's shareholders, the right subject belongs to the other shareholders of the company, "the same conditions" to adopt a comprehensive approach to exercise the right to take the agreed priority principle.
Shareholders, Priority Purchase Rights, Exercise Elements.