Can a limited liability company not hold a shareholders meeting?

Legal analysis: According to the company law, the shareholders' meeting of a limited liability company is composed of all shareholders. The shareholders' meeting is the authority of the company and exercises its functions and powers in accordance with the Company Law. A limited liability company shall have a board of directors with three to thirteen members, and its functions and powers shall be in accordance with the Company Law and the Articles of Association. A limited liability company with fewer shareholders or a smaller scale may have an executive director instead of a board of directors.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 100 The shareholders' meeting shall hold an annual meeting every year. In any of the following circumstances, an extraordinary general meeting of shareholders shall be held within two months: when the number of directors is less than two-thirds of the number stipulated in this Law or the articles of association; When the company's uncompensated losses reach one third of the total paid-in share capital; Requests from shareholders who individually or collectively hold more than 0/0% of the shares of the company/kloc; When the board of directors deems it necessary; When the board of supervisors proposes to convene; Other circumstances stipulated in the Articles of Association.

Article 101 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. If the board of directors fails to perform or fails to perform the duties of convening the shareholders' meeting, the board of supervisors shall convene and preside over it in time; If the Board of Supervisors fails to convene and preside over the meeting, shareholders who have held more than 0/0% of the shares of the company/KLOC-0 for more than 90 consecutive days may convene and preside over the meeting by themselves.