The equity proportions of the three cores of corporate control are 67%, 5 1% and 34% respectively.
1, 67%, absolute control
67%: have absolute control, accounting for two-thirds. It can pass the resolutions of the shareholders' meeting, and has the right to amend the articles of association, increase capital and share, and other major issues. Articles of association can bind the rights and obligations of shareholders outside the contract law and company law.
2.5 1%: relative control right
5 1%: having relative control rights, accounting for more than half. Through the resolution of the shareholders' meeting, you can vote and control the company's major decisions, such as setting the salary of the board of directors and senior management, equity incentives, etc.
3.34%: one-vote veto
34%: having one veto: accounting for more than one third. If it is stipulated in the articles of association, it has direct veto power over the decisions of the shareholders' meeting. This relative setting is 67%.