The nature of the shareholders' meeting of a joint stock limited company is the highest authority of the company, which determines the company's business direction. According to relevant laws and regulations, a joint-stock company must set up three institutions: the shareholders' meeting, the board of directors and the board of supervisors.
Legal objectivity:
According to Article 10 1 of the Company Law, the shareholders' meeting shall be convened by the board of directors and presided over by the chairman. When the chairman is unable to perform his duties or fails to perform his duties, he shall be presided over by the vice chairman; If the vice chairman is unable to perform his duties or fails to perform his duties, more than half of the directors shall elect a director to preside over the meeting. If the board of directors fails to perform or fails to perform the duties of convening the shareholders' meeting, the board of supervisors shall convene and preside over it in time; If the Board of Supervisors fails to convene and preside over the meeting, shareholders who have held more than 0/0% of the shares of the company/KLOC-0 for more than 90 consecutive days may convene and preside over the meeting by themselves.