What are the responsibilities and authorities of the company's board of supervisors?

The duties and authorities of the Board of Supervisors are as follows: 1. Check the company's finances; 2. Supervise the directors and senior managers to perform their duties; 3. Require directors and senior managers to correct behaviors that harm the interests of the company; 4. Propose to convene an extraordinary general meeting of shareholders; 5. Put forward proposals to the shareholders' meeting.

legal ground

Article 53 of the Company Law of People's Republic of China (PRC) The board of supervisors and supervisors of companies without a board of supervisors shall exercise the following functions and powers: (1) Check the company's finances; (2) To supervise the acts of directors and senior managers in performing the duties of the Company, and put forward suggestions for the removal of directors and senior managers who violate laws, administrative regulations, articles of association or resolutions of the shareholders' meeting; (3) To require directors and senior managers to correct their actions when they harm the interests of the company; (4) Proposing to convene an extraordinary shareholders' meeting, and convening and presiding over the shareholders' meeting when the board of directors fails to perform its duties as stipulated in this Law; (five) to submit a proposal to the shareholders' meeting; (6) To institute legal proceedings against directors and senior managers in accordance with the provisions of Article 151 of this Law. (seven) other functions and powers stipulated in the articles of association.