Legal analysis: A limited liability company should have its own executive director. A limited liability company with a small number of shareholders may have an executive director instead of an independent board of directors. The executive director may concurrently hold the position of manager of the company. Where a limited liability company does not have a board of directors, the executive director shall be the legal representative of the company.
Legal basis: Article 50 of the Company Law of People's Republic of China (PRC). A limited liability company with few 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. The functions and powers of the executive director shall be stipulated in the articles of association.