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The “equal conditions” clauses in the Company Law not only guarantee the transfer of shareholders’ right to freely dispose of property and the economic benefits obtained therefrom without substantial damage, but balance the interests among a company’s shareholders. As for the standards and specific content of “equal conditions” and how to identify them, however, there is still a lack of reliable legal basis. Therefore, this article, extracting the interpretation and application principles of the “equal conditions” clauses from judicial practice, aims to solve these problems.

Interpretation and Application of the “Equal Conditions” for Shareholder’s Preemptive Right in Limited Liability Companies