How many shareholders made the decision?

If you want to have the right to decide, you must account for more than 5 1% of the shares. It depends on the nature of the company, the equity situation and how the articles of association are formulated. In many listed companies, even if you are the largest shareholder, you may not have the right to decide. So there is only relative, not absolute. You are the largest single shareholder, but if the small shareholders unite, you are not the largest.

According to legal procedures, the highest authority of the company is the shareholders' meeting, not the shareholders. Shareholders have the right to be driven by the shareholders' meeting, and the legal representative is elected by the shareholders' meeting or the board of directors under the shareholders' meeting. The legal representative performs the statutory work of the company and is responsible to the shareholders' meeting or the board of directors under the shareholders' meeting. At the shareholders' meeting, everything is voted according to legal procedures. Shareholders' meetings vote not by the number of people, but by the proportion of shares, which means that shareholders have the greatest right to speak and vote.

If the company has no board of directors, the shareholders' meeting will become the highest authority of the company.

The so-called power of the company needs to be explained separately here. First of all, the major shareholder will be the largest owner of the company in law. Second, the legal representative is not necessarily a major shareholder, or even a shareholder. The legal representative is elected by the shareholders' meeting and carries out the daily management of the company. A company is a legal person, and its legal representative is its social legal representative.

Therefore, in terms of the size of rights, the owner is the largest, and the legal representative of the company's administrative power is the largest. That is to say, according to the rights granted by the company law, the legal representative can make decisions as long as not all the business management matters of the company need the approval of the shareholders' meeting.

Equity is the comprehensive right of personal rights and property rights enjoyed by shareholders of a limited liability company or a joint stock limited company, that is, equity is the right of shareholders to obtain economic benefits from the company and participate in the company's operation and management based on their shareholder qualifications.

Equity is the shareholder's share of capital contribution to the start-up company, that is, the equity ratio, which directly affects the shareholder's right to speak and control the company.

Legal basis: Article 3 of the Company Law of People's Republic of China (PRC).

The company is an enterprise legal person, with independent legal person property and legal person property rights. The company is liable for its debts with all its property. Shareholders of a limited liability company shall be liable to the company to the extent of their subscribed capital contribution; Shareholders of a joint stock limited company shall be liable to the company to the extent of the shares subscribed by them.