Does a one-person limited liability company become a joint stock limited company with two shareholders?

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The Enterprise Law stipulates that the number of shareholders of a joint stock limited company must be more than 50, while the number of shareholders of a limited liability company must be between 2 and 50. Therefore, after the number of shareholders is increased to two, the sole proprietorship company can only be changed (registered) into a limited liability company, not a joint stock limited company.