2. With different powers and responsibilities, the chairman is the top leader of a company, presiding over the production, operation and management of the company and being fully responsible for the work undertaken. The director is the person who manages the affairs of the company and the main force of the internal governance of the company. They manage the company's affairs internally and carry out economic activities on behalf of the company externally.
3. The chairman is elected by the board of directors with the consent of more than half of all directors. Directors are elected by the general meeting of shareholders, and may be held by shareholders or non-shareholders.
Extended data:
Chairman's qualification
Article 147 of the Company Law of People's Republic of China (PRC) stipulates that one of the following circumstances shall not serve as a director or chairman of the company:
1, without or with limited capacity for civil conduct;
2, because of corruption, bribery, embezzlement of property, misappropriation of property or disrupt the order of the socialist market economy, was sentenced to punishment, the execution period is less than five years, or because of the crime was deprived of political rights, the execution period is less than five years;
3. If the directors, factory directors and managers of the bankrupt company or enterprise are personally responsible for the bankruptcy of the company or enterprise, it has not been more than three years since the date of completion of the bankruptcy liquidation of the company or enterprise;
4. Being the legal representative of a company or enterprise whose business license has been revoked due to violation of the law and ordered to close down, and having personal responsibility, it has not been more than three years since the date when the business license of the company or enterprise was revoked;
5. A large amount of personal debt has not been paid off due.