1. Be responsible for convening the shareholders' meeting and reporting to the shareholders' meeting. 2. Implement the resolutions of the shareholders' meeting. 3. Decide on the company's business plan and investment plan. 4. Formulate the company's annual financial budget plan and final accounts plan. 5. Formulate the company's profit distribution plan and loss compensation plan.
Legal basis: Article 108 of the Company Law of People's Republic of China (PRC) establishes a board of directors with five to nineteen members. Members of the board of directors may include company employee representatives. The employee representatives in the board of directors are elected by the employees of the company through employee congresses, employee congresses or other forms of democratic elections. The provisions of Article 45 of this Law on the term of office of directors of a limited liability company shall apply to directors of a joint stock limited company. The provisions of Article 46 of this Law concerning the functions and powers of the board of directors of a limited liability company shall apply to the board of directors of a joint stock limited company.