China's company law stipulates that an ordinary limited company must have several shareholders.

Legal analysis: A limited company needs at least two shareholders. The number of limited liability companies is required to be more than two and less than fifty. The establishment of a limited liability company must have two shareholders. At least it is legal to change the number of shareholders the company wants, as long as it is within the number stipulated by law. According to China's laws, a limited liability company shall have at least two shareholders. In addition, to establish a limited liability company, the number of shareholders needs to meet the statutory requirements.

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

Article 6 To establish a company, it shall apply to the company registration authority for registration of establishment according to law. Those that meet the conditions for establishment as stipulated in this Law shall be registered as limited liability companies or joint stock limited companies respectively by the company registration authority; Those who do not meet the conditions for establishment as stipulated in this Law shall not be registered as a limited liability company or a joint stock limited company.

Where laws and administrative regulations stipulate that the establishment of a company must be approved, the approval procedures shall be handled according to law before the company is registered.

The public may apply to the company registration authority to inquire about the registered items of the company, and the company registration authority shall provide inquiry services.

Article 7 A company established according to law shall be issued a business license by the company registration authority. The date of issuance of the business license of the company is the date of establishment of the company.

The company's business license shall specify the company's name, domicile, registered capital, business scope, name of legal representative and other matters.

Where the matters recorded in the company's business license change, the company shall register the change according to law, and the company registration authority shall issue a new business license.