What resolutions are needed for the first shareholders' meeting of the company?

Legal analysis: review the report of the sponsors on the preparation of the company; Adopt the articles of association; Elect members of the board of directors; Elect members of the board of supervisors; Review the establishment expenses of the company; Review the pricing of the property used by the promoters to offset the shares; If the establishment of the company is directly affected by force majeure or major changes in business conditions, a resolution not to establish the company may be made. The resolution of the founding meeting on the matters listed in the preceding paragraph must be passed by more than half of the voting rights held by the subscribers present at the meeting.

Legal basis: Article 90 of the Company Law of People's Republic of China (PRC), the promoters shall notify the subscribers of the meeting date or make an announcement fifteen days before the founding meeting. The founding meeting shall be held only when promoters and subscribers representing more than half of the total number of shares are present.

The inaugural meeting shall exercise the following functions and powers:

(1) To review the report of the promoters on the preparation of the company;

(2) adopting the articles of association;

(3) Electing members of the board of directors;

(4) Electing members of the board of supervisors;

(5) Examining the start-up expenses of the company;

(6) Examining the pricing of the property of the promoters as share proceeds.

(7) If the establishment of the company is directly affected by force majeure or major changes in business conditions, a resolution not to establish the company may be made.

The resolution of the founding meeting on the matters listed in the preceding paragraph must be passed by more than half of the voting rights held by the subscribers present at the meeting.