Supervisors refer to the members of the board of supervisors of the company. Supervisors are generally elected by the shareholders' meeting. The supervisors of a wholly state-owned company are mainly appointed by institutions and departments authorized by the State Council or the State Council. In addition to the shareholders' representatives elected by the shareholders' meeting (shareholders' meeting), supervisors should also have an appropriate proportion of employee representatives. The employee representatives in the board of supervisors are democratically elected by the employees of the company. The qualification requirements of supervisors are basically the same as those of directors. In addition, directors, managers and financial personnel may not concurrently serve as supervisors.
The board of supervisors shall meet at least once every six months. The supervisor may propose to convene an interim meeting of the board of supervisors.
legal ground
Company Law of the People's Republic of China
Article 117 A joint stock limited company shall set up a board of supervisors, and its members shall not be less than three.
The board of supervisors shall include an appropriate proportion of shareholders' representatives and employees' representatives, of which the proportion of employees' representatives shall not be less than one third, and the specific proportion shall be stipulated in the articles of association. The employee representatives in the board of supervisors are elected by the employees of the company through employee congresses, employee congresses or other forms of democratic elections.
The board of supervisors shall have a chairman and may have a vice-chairman. The chairman and vice-chairman of the board of supervisors shall be elected by more than half of all supervisors. The chairman of the board of supervisors shall convene and preside over the meeting of the board of supervisors; If the chairman of the board of supervisors is unable to perform his duties or fails to perform his duties, the vice chairman of the board of supervisors shall convene and preside over the meeting of the board of supervisors; If the vice chairman of the board of supervisors is unable to perform his duties or fails to perform his duties, more than half of the supervisors shall jointly nominate a supervisor to convene and preside over the meeting of the board of supervisors.
Directors and senior managers shall not concurrently serve as supervisors. Article 124 Where a director of a listed company has an associated relationship with the enterprise involved in the resolution of the board of directors, he shall not exercise the right to vote on the resolution, nor shall he exercise the right to vote on behalf of other directors. The board meeting can only be held when more than half of the unrelated directors are present, and the resolutions made at the board meeting must be passed by more than half of the unrelated directors. If there are less than three unrelated directors present at the board of directors, they shall be submitted to the shareholders' meeting of the listed company for deliberation.