1. The board of directors shall meet at least twice a year, and all directors and supervisors shall be notified ten days before each meeting;
2. Shareholders representing more than one-tenth of the voting rights, more than one-third of the directors or the board of supervisors may propose to convene an interim meeting of the board of directors. The chairman shall convene and preside over the meeting of the board of directors within ten days after receiving the proposal;
3. When the board of directors holds an interim meeting, it may separately determine the notification method and time limit for convening the board of directors.
Obligations of shareholders:
1. Abide by laws, administrative regulations and the Articles of Association;
2. Pay the capital contribution in full and on time, and may not withdraw the capital contribution;
3. Do not abuse the rights of shareholders to harm the interests of the company or other shareholders; Should be liable for compensation according to law.
4. Do not abuse the company's independent legal person status and the limited liability of shareholders to harm the interests of the company's creditors. Shareholders of a company who abuse the independent status of a company as a legal person and the limited liability of shareholders to evade debts and seriously damage the interests of creditors of the company shall be jointly and severally liable for the debts of the company.
To sum up, the board of directors is composed of directors, who are in charge of the company's affairs internally and represent the company's business decision-making and business execution agencies externally; The company has a board of directors, which is elected by shareholders (shareholders' meeting).
The board of directors shall have one chairman and one vice chairman. The method for the formation of the chairman and vice-chairman is stipulated in the articles of association of the company and is generally elected by the board of directors. The term of office of directors shall be stipulated in the articles of association, and the longest term shall not exceed three years. Upon expiration of the term of office, a director may be re-elected. Before the expiration of his term of office, the shareholders' meeting shall not dismiss him without reason.
Legal basis:
Article 40 of the Company Law of People's Republic of China (PRC)
Where a limited liability company establishes a board of directors, the shareholders' meeting shall be convened by the board of directors and presided over by the chairman; When the chairman is unable to perform his duties or fails to perform his duties, he shall be presided over by the vice chairman; If the vice chairman is unable to perform his duties or fails to perform his duties, more than half of the directors shall elect a director to preside over the meeting.
Where a limited liability company does not have a board of directors, the shareholders' meeting shall be convened and presided over by the executive director.
If the board of directors or the executive director is unable to perform or fails to perform the duties of convening the shareholders' meeting, it shall be convened and presided over by the board of supervisors or the supervisors of the company without the board of supervisors; If the Board of Supervisors or supervisors do not convene and preside over the meeting, shareholders representing more than one tenth of the voting rights may convene and preside over the meeting by themselves.