The shareholders' meeting is an authority composed of all shareholders of a joint stock limited company, which undertakes the responsibility of making decisions on major issues of the company, such as deciding on the company's business matters and deciding to replace directors and supervisors who are not employee representatives.
The board of directors is a business executive body established in accordance with relevant laws and articles of association, and is composed of all directors. The board of directors is responsible for the shareholders' meeting of the company and reports its work.
In order to ensure the normal and orderly operation of the company, ensure the correct decision-making of the company and the correct execution of official duties by the leaders, and prevent abuse of power and harm to the interests of the company, shareholders and third parties, all countries stipulate the establishment of supervisors or supervisory committees in the company.
The shareholders' meeting shall exercise the following functions and powers:
1, and decide the company's business policy and investment plan.
2. Elect and replace the directors who are not employee representatives, and decide on the remuneration of directors.
3. Elect and replace the supervisors appointed by the shareholders' representatives, and decide on the remuneration of supervisors.
4. Review and approve the report of the board of directors.
5. Review and approve the report of the Board of Supervisors.
6. Review and approve the annual financial budget and final accounts of the Company.
7. Review and approve the profit distribution plan and loss recovery plan of the Company.
8. To make resolutions on the increase or decrease of the registered capital of the Company.
9. Make resolutions on the issuance of bonds by the company.
10. Make resolutions on the merger, division, dissolution, liquidation or change of corporate form of the company.
1 1. Modify the Articles of Association and the matters stipulated in the Articles of Association that need to be decided by the shareholders' meeting.