Legal analysis: the oral agreement of shareholders is valid. According to the relevant provisions of Chinese laws, when the parties conclude a contract, they can generally be divided into written form, oral form and other forms. If laws and administrative regulations stipulate that it should be in writing, it should be in writing. Therefore, the oral share agreement is valid. If the parties enter into a contract in the form of a contract, the contract shall be established when the parties sign, seal or press their fingerprints.

Legal basis: Article 490 of the Civil Code of People's Republic of China (PRC). If the parties enter into a contract in the form of a contract, the contract shall be established when the parties sign, seal or press their fingerprints. Before signing, sealing or fingerprinting, one party has fulfilled its main obligations, and the contract is established when the other party accepts it.