What are the provisions of the company law on foreign loans?

Legal analysis: it needs the approval of the shareholders' meeting and the board of directors. The company law stipulates that foreign loans need the approval of shareholders or the board of directors. The company enjoys all legal person property rights formed by shareholders' investment. After the shareholders invest the relevant property in the company by way of capital contribution, the ownership of the property is transferred and becomes the property of the company, and the company enjoys the right to possess, use, benefit and dispose of its property according to law.

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

Fifteenth companies can invest in other enterprises; However, unless otherwise provided by law, investors shall not be jointly and severally liable for the debts of the invested enterprises.

Article 16 The company's investment in other enterprises or providing guarantee for others shall be decided by the board of directors, shareholders' meeting or shareholders' meeting in accordance with the provisions of the company's articles of association; Where the articles of association stipulate limits on the total amount of investment or guarantee and the amount of individual investment or guarantee, it shall not exceed the prescribed limits.

Where a company provides a guarantee for the company's shareholders or actual controllers, it must be resolved by the shareholders' meeting or the shareholders' meeting.

Shareholders specified in the preceding paragraph or shareholders controlled by actual controllers specified in the preceding paragraph shall not participate in voting on matters specified in the preceding paragraph. The voting shall be passed by more than half of the voting rights held by other shareholders present at the meeting.