Does the executive director own shares?

Legal analysis: Under normal circumstances, directors have shares, but the law does not stipulate that executive directors must hold shares of the company unless there are special provisions in the articles of association.

Legal basis: Article 50 of the Company Law of People's Republic of China (PRC). A limited liability company with few shareholders or a small scale may have an executive director instead of a board of directors. The executive director may concurrently serve as the company manager. The functions and powers of the executive director shall be stipulated in the articles of association.