What is a company director?

Not necessarily. Company supervisors have shares if they are shareholders of the company, but company supervisors are not necessarily shareholders. A joint-stock company must set up a board of supervisors. The board of supervisors consists of more than three people, among whom there must be employee supervisors, and the proportion shall not be less than one third, and it shall be stipulated in the articles of association. Non-employee supervisors are elected/appointed by the shareholders' meeting or the founding meeting, that is, non-employee supervisors can employ non-shareholders or be elected by the shareholders' meeting or the founding meeting. Employee supervisors are elected by the employee congress. To sum up, the supervisors of joint-stock companies do not have to be shareholders, and shareholders naturally do not have shares. The company's supervisors shall exercise the following functions and powers: (1) to check the company's finances; (2) To supervise the acts of directors and senior managers in performing the duties of the Company, and put forward suggestions for the removal of directors and senior managers who violate laws, administrative regulations, articles of association or resolutions of the shareholders' meeting; (3) To require directors and senior managers to correct their actions when they harm the interests of the company; (4) Proposing to convene an extraordinary shareholders' meeting, and convening and presiding over the shareholders' meeting when the board of directors fails to perform its duties as stipulated in this Law; (five) to submit a proposal to the shareholders' meeting; (6) To institute legal proceedings against directors and senior managers in accordance with the provisions of Article 152 of this Law. (seven) other functions and powers stipulated in the articles of association. Legal basis: Article 51 of the Company Law of People's Republic of China (PRC) establishes a board of supervisors with no less than three members. A limited liability company with fewer shareholders or smaller scale may have one or two supervisors instead of a board of supervisors. The board of supervisors shall include an appropriate proportion of shareholders' representatives and employees' representatives, of which the proportion of employees' representatives shall not be less than one third, and the specific proportion shall be stipulated in the articles of association. The employee representatives in the board of supervisors are elected by the employees of the company through employee congresses, employee congresses or other forms of democratic elections. The board of supervisors shall have a chairman, who shall be elected by more than half of all supervisors. The chairman of the board of supervisors shall convene and preside over the meeting of the board of supervisors; If the chairman of the board of supervisors is unable to perform his duties or fails to perform his duties, more than half of the supervisors shall jointly nominate a supervisor to convene and preside over the meeting of the board of supervisors. Directors and senior managers shall not concurrently serve as supervisors.