在这种条件下，收购方通过要约收购或协议收购的方式，需要对优先股进行收购

Under such conditions, the purchaser needs to acquire preferred shares through tender offer or agreement purchase to obtain a certain percentage of voting rights in the target company, and the above-mentioned shareholders who enjoy preferred shares can put forward higher requirements in order to protect their own interests. For example, the purchaser is required to redeem the preferred stock according to the maximum amount of preferred stocks in the previous year, or to purchase the preferred stock through cash, and the purchaser does not have the right to redeem. If the acquirer wishes to establish a new merger or absorb a merger, the target company ’s merger vote will be changed from the original 2/3 equity support to more than 80% of the voting rights. Assuming that the acquisition is finally completed, shareholders holding preferred shares may request that the original preferred shares be converted into voting shares, and the market value is not lower than the original redemption value.

在这种条件下，收购方通过要约收购或协议收购的方式，需要对优先股进行收购从而获得目标公司一定的表决权比例股份，而上述享有优先股的股东为了保护自我利益可以提出更高的要求，比如要求收购方按照前一年内优先股最高金额为标准赎回该优先股，或要求通过现金方式来进行优先股收购等，而且收购方不具备赎回的权利。若收购方希望进行新设合并或者吸收合并，则目标公司合并表决事项由原先2/3股权支持即成立变更为得到80%以上的投票权通过。假设收购最终完成，则持有优先股的股东可以要求将原优先股转化为具有表决权的股份，且市场价值并不低于原赎回价值。

Under such conditions, the acquirer needs to acquire the preferred shares by way of tender offer or agreement acquisition, so as to obtain a certain proportion of voting shares of the target company. In order to protect their own interests, the above shareholders with preferred shares can put forward higher requirements, such as requiring the acquirer to redeem the preferred shares according to the maximum amount of preferred shares in the previous year, or requiring Purchase preferred stock by cash, and the acquirer does not have the right to redeem. If the acquirer wishes to establish a new merger or absorb a merger, the voting matters of the merger of the target company will be changed from the original 2 / 3 equity support to the approval of more than 80% of the voting rights. Assuming the final completion of the acquisition, the holders of preferred shares can request that the original preferred shares be converted into voting shares, and the market value is not lower than the original redemption value.