What does holding 10% mean?

Legal analysis: shareholders holding 10% equity have the right to: convene an interim shareholders' meeting and dissolve the company; Make temporary suggestions; Bring a shareholder representative lawsuit. Buying shares is also called shareholder, holding more than 50% of shares is called controlling shareholder, and holding less than 50% is called shareholding. In fact, from the above analysis, it can be seen that the shareholders who account for 10% of the shares cannot be counted as major shareholders, but they can still affect the company's operation to a certain extent.

Legal basis: People's Republic of China (PRC) Company Law.

Article 39 Shareholders' meetings are divided into regular meetings and temporary meetings. Regular meetings shall be held on time in accordance with the provisions of the articles of association. If shareholders representing more than one-tenth of the voting rights, more than one-third of the directors, the board of supervisors or the supervisors of a company without a board of supervisors propose to convene an interim meeting, an interim meeting shall be convened.

Article 102 When convening a general meeting of shareholders, shareholders shall be informed of the meeting time, place and matters to be considered 20 days before the meeting. The extraordinary shareholders' meeting shall be notified to all shareholders fifteen days before the meeting; Where bearer shares are issued, the time, place and matters for deliberation of the meeting shall be announced 30 days before the meeting is held. Shareholders who individually or collectively hold more than 3% of the company's shares may put forward an interim proposal and submit it to the board of directors in writing ten days before the shareholders' meeting; The board of directors shall notify other shareholders within two days after receiving the proposal and submit the interim proposal to the shareholders' meeting for consideration. The contents of the interim proposal shall fall within the terms of reference of the shareholders' meeting, with clear topics and specific resolutions. The general meeting of shareholders shall not make resolutions on matters not listed in the notices in the preceding two paragraphs. Holders of bearer shares attending the shareholders' meeting shall deposit their shares with the company five days before the shareholders' meeting and at the closing of the shareholders' meeting.