What's the use of holding shares in the company?

Legal analysis: If you own shares in a company, it means that you own a part of the company. If you own most of the shares, it means that you can control the company. Shares representing the ownership of the company are divided into common shares, preferred shares and unpaid shares.

Legal basis: Article 103 of the Company Law of People's Republic of China (PRC), when shareholders attend the shareholders' meeting, each share they hold has one vote. However, the shares of the company held by the company have no voting rights. The resolution of the shareholders' meeting must be passed by more than half of the voting rights held by the shareholders present at the meeting. However, the resolutions of the shareholders' meeting to amend the Articles of Association, increase or decrease the registered capital, and the resolutions of the company's merger, division, dissolution or change of corporate form must be adopted by more than two thirds of the voting rights held by the shareholders present at the meeting.