Article 44 of the Company Law stipulates that a limited liability company shall have a board of directors with 3- 13 members.
Article 50 of the Company Law stipulates that a limited liability company with fewer shareholders or a smaller scale may have an executive director instead of a board of directors.
Article 108 of the Company Law stipulates that a joint stock limited company shall set up a board of directors with 5- 19 members.
The board of directors is composed of directors, who are responsible for the company's affairs internally and represent the company's decision-making bodies externally. The company has a board of directors, which is elected by the general meeting of shareholders. The board of directors has a chairman and a vice-chairman, who are elected by the board of directors. The term of office of directors is three years. Upon expiration of the term of office, directors may be re-elected. Before the expiration of a director's term of office, the shareholders' meeting shall not dismiss him without reason.
Extended data:
Article 45 of the Company Law stipulates that a limited liability company shall have a board of directors with 3- 13 members. Article 5 1 of the Company Law stipulates that a limited liability company with fewer shareholders or a smaller scale may have an executive director instead of a board of directors.
The executive director may concurrently serve as the company manager. Of course, for a limited liability company established by two or more state-owned enterprises, the members of the board of directors should include representatives of employees; Board members of other limited liability companies may also have (or may not have) employee representatives. The staff and workers' representatives in the board of directors are elected by the staff and workers' congress, the staff and workers' congress or other forms of democratic elections.
Baidu Encyclopedia-People's Republic of China (PRC) and China Company Law