Legal analysis: the shareholders' rights of general limited liability companies, especially the beneficial rights of * * *, are mainly exercised through the shareholders' meeting. As an institution for all shareholders to exercise their rights and as the authority of the company, the shareholders' general meeting is a necessary system for general limited companies. A wholly state-owned company has only one investor, and only the state-authorized investment institution or state-authorized department is the sole shareholder of the company, and there is no need to set up a shareholders' meeting.
Legal basis: Article 98 of the Company Law of People's Republic of China (PRC) stipulates that the shareholders' meeting of a joint stock limited company is composed of all shareholders. The shareholders' meeting is the authority of the company and exercises its functions and powers in accordance with this Law.