According to the Company Law of People's Republic of China (PRC), the rights of shareholders in China include: the rights of shareholders, the right to participate in decision-making, the right to supervise the election of managers, the right to return assets, the right to withdraw shares, the right to effectively transfer and subscribe for new shares, and the right to propose and preside over an extraordinary general meeting of shareholders.
1. Shareholder's identity right: Articles 3 1 and 32 of the Company Law stipulate that after the establishment of a limited liability company, it shall issue a capital contribution certificate to its shareholders, and shall prepare a register of shareholders, recording their names, domiciles, capital contribution and the serial number of the capital contribution certificate. The company shall register the names of shareholders and their capital contributions with the company registration authority; Where the registered items are changed, the registration of change shall be handled. Shareholders recorded in the register of shareholders may exercise their rights according to the register of shareholders. However, without industrial and commercial registration or change of registration, it may not confront a third party. Therefore, shareholders should attach importance to the register of shareholders and industrial and commercial registration, which is the direct evidence of claiming shareholders' rights.
2. Right to participate in major decision-making: Article 37 of the Company Law stipulates that the shareholders' meeting of a limited liability company shall be composed of all shareholders. The shareholders' meeting is the authority of the company, which has the right to decide the company's business policy and investment plan, examine and approve the company's annual financial budget plan, final accounts plan, profit distribution plan and loss compensation plan, make resolutions on the company's increase or decrease of registered capital, issue corporate bonds, merge, split, change the company form, and dissolve and liquidate the company. The articles of association may also stipulate other functions and powers enjoyed by the shareholders' meeting, such as making resolutions on the company's investment in other enterprises or providing guarantees for others, especially the company's provision of guarantees for the company's shareholders or actual controllers.
3. Selection and supervision of managers: the modern enterprise system implements a moderate separation of ownership and management rights, and the company law accordingly establishes the corporate governance structure, that is, the shareholders' meeting is the authority of the company, decides the major issues of the company, and grants the management rights to the board of directors and the managers appointed by the board of directors.