(1) The articles of association may stipulate that the chairman and vice chairman shall be directly elected by the shareholders' meeting;
(2) It can also be stipulated that after the election of directors by the shareholders' meeting, the chairman and vice-chairman shall be decided by the members of the board of directors by the number of votes;
(3) It can also stipulate which shareholders are the chairman and vice-chairman according to the proportion of capital contribution, and so on.
2. If a director fails to be re-elected in time upon the expiration of his term of office, or if a director resigns during his term of office, resulting in a quorum of board members, the original director shall still perform his duties as a director in accordance with laws, administrative regulations and the Articles of Association before the re-elected director takes office. The resignation of the chairman shall be submitted to the board of directors, who shall submit it to the shareholders' meeting (limited liability company) for deliberation.
3. The emergence of a new chairman does not necessarily require the resignation of the original chairman, and a general election can be held at the expiration of the term of office. If the shareholders unanimously agree in writing, they may make a decision directly without convening a shareholders' meeting, and all shareholders shall sign and seal the decision document.
4. Before the term of office of a director expires, the shareholders' meeting shall not dismiss him without reason. Therefore, the general election can only be held when the time limit expires.
5. The board of directors decides to appoint or dismiss the company manager and their remuneration, and decides to appoint or dismiss the company's deputy manager and chief financial officer and their remuneration according to the nomination of the manager. Submit the resignation of the CFO to the manager and report it to the board of directors for consideration. The appointment of the new CFO is proposed by the manager and submitted to the board of directors for decision. The above is all about the "chairman election procedure", I hope it will help you.
Legal basis: People's Republic of China (PRC) Company Law.
Article 51 A limited liability company with a small number of shareholders or a small scale may have an executive director instead of a board of directors. The executive director may concurrently serve as the company manager.
Article 69 A wholly state-owned company shall have a manager who shall be appointed or dismissed by the board of directors. The manager shall exercise his functions and powers in accordance with the provisions of Article 50 of this Law. With the consent of the state-owned assets supervision and administration institution, members of the board of directors may concurrently serve as managers.
Article 115 The board of directors of a company may decide that members of the board of directors shall concurrently serve as managers.