Do the shareholders of the company need to bear the debt responsibility?

Legal analysis: generally speaking, it is not necessary, and it is only responsible for the company to the extent of its subscribed capital contribution or subscribed shares. Shareholders need to be jointly and severally liable to the company for abusing their limited liability and harming the interests of the company or creditors.

This law is based on Articles 3 and 20 of the Company Law of People's Republic of China (PRC).