A major shareholder refers to a shareholder who holds a relatively large proportion of shares, which means that this shareholder has the largest proportion relative to other shareholders. The controlling shareholder must be a major shareholder, but the major shareholder is not necessarily a controlling shareholder. Controlling shareholder refers to a shareholder whose share of shares is large enough to affect the company's daily operation and decision-making on major issues. Controlling shareholders are also divided into absolute holding and relative holding. Shareholders of a joint stock limited company attend the shareholders' meeting and each share they hold has one vote. The resolution of the shareholders' meeting must be passed by more than half of the voting rights held by the shareholders present at the meeting. A resolution on the merger, division or dissolution of the company at the shareholders' meeting must be passed by more than two thirds of the voting rights held by the shareholders present at the meeting. Amendments to the Articles of Association must be approved by more than two thirds of the voting rights held by shareholders attending the shareholders' meeting. Shareholders may entrust an agent to attend the shareholders' meeting, and the agent shall submit a power of attorney to the company and exercise the right to vote within the scope of authorization. Shareholders have the right to consult the Articles of Association, minutes of shareholders' general meeting and financial and accounting reports, and put forward suggestions or questions on the company's operation. If the resolutions of the shareholders' meeting and the board of directors violate laws and administrative regulations and infringe upon the legitimate rights and interests of shareholders, shareholders have the right to bring a lawsuit to the people's court to demand that the illegal acts and infringements be stopped.
Legal objectivity:
company law
Article 4
Shareholders of a company shall enjoy the right to return on assets, participate in major decisions and choose managers according to law.
company law
Article 33
Shareholders have the right to consult and copy the Articles of Association, minutes of shareholders' meeting, resolutions of the board of directors, resolutions of the board of directors and financial and accounting reports. Shareholders may request to consult the company's accounting books.
company law
Article 42
At the shareholders' meeting, shareholders shall exercise their voting rights in proportion to their capital contribution;
However, unless otherwise stipulated in the articles of association.