(1) The company can invest in other enterprises; However, unless otherwise provided by law, investors shall not be jointly and severally liable for the debts of the invested enterprises.
(2) The company's investment in other enterprises shall be decided by the board of directors, shareholders' meeting or shareholders' meeting according to the articles of association; Where the articles of association stipulate limits on investment and individual investment, they shall not exceed the prescribed limits.
Company's foreign investment, also known as company reinvestment, refers to the behavior that a company, as the main body of investment, invests abroad with the property of an enterprise as a legal person, making the company a shareholder of another enterprise.
legal ground
Article 15 of the Company Law stipulates that a company may invest in other enterprises; However, unless otherwise provided by law, investors shall not be jointly and severally liable for the debts of the invested enterprises.
Article 16 of the Company Law stipulates that the company's investment in other enterprises or providing guarantee for others shall be decided by the board of directors or the general meeting of shareholders in accordance with the provisions of the company's articles of association;
Where the articles of association stipulate limits on the total amount of investment or guarantee and the amount of individual investment or guarantee, it shall not exceed the prescribed limits.
Where a company provides a guarantee for the company's shareholders or actual controllers, it must be resolved by the shareholders' meeting or the shareholders' meeting.
Shareholders specified in the preceding paragraph or shareholders controlled by actual controllers specified in the preceding paragraph shall not participate in voting on matters specified in the preceding paragraph. The voting shall be passed by more than half of the voting rights held by other shareholders present at the meeting.