Can 60 shareholders control the company?

Legal analysis: Absolute holding means that shareholders' capital contribution accounts for more than 50% of the total capital of a limited liability company or their shares account for more than 50% of the total share capital of a joint stock limited company. More than 67% of the shares are absolutely controlled. Relative holding means that in the total paid-in capital of an enterprise, although the proportion of paid-in capital (share capital) owned by the investor of an economic sector does not exceed 50%, according to the agreement, he has the actual control right of the enterprise (agreement holding); Or the proportion of investors that is relatively greater than any other economic component (relative holding).

Legal basis: People's Republic of China (PRC) Company Law.

Article 97 Shareholders have the right to consult the company's articles of association, shareholders' register, corporate bond stubs, minutes of shareholders' general meeting, resolutions of the board of directors, and financial and accounting reports, and make suggestions or queries on the company's operation.

Article 43 The discussion methods and voting procedures of the shareholders' meeting shall be stipulated in the articles of association of the company, unless otherwise stipulated in this Law. The shareholders' meeting shall make resolutions on amending the Articles of Association, increasing or decreasing the registered capital, and on the merger, division, dissolution or change of corporate form of the company, which must be approved by shareholders representing more than two thirds of the voting rights.