Rights of the first largest shareholder

1, right to know. If minority shareholders want to safeguard their legitimate rights and interests, they must first have a full understanding of the company. According to Article 33 of the Company Law, shareholders have the right to consult and copy the articles of association, minutes of shareholders' meetings, resolutions of board meetings, resolutions of board meetings and financial and accounting reports. Shareholders may request to consult the company's accounting books. Where a shareholder requests to consult the company's accounting books, he shall submit a written request to the company, explaining the purpose.

2. Exercise the right to convene and preside over the shareholders' meeting according to law.

3. The right to transfer equity according to law. According to Article 7 1 of the Company Law, shareholders have the right to transfer their shares according to law, and exercising the right of transfer according to law is also a way for shareholders to protect their legitimate rights and interests.

4. Exercise the preemptive right.

5. The right to require the company to acquire its equity at a reasonable price according to law.

6. The right to safeguard the company and its legitimate rights and interests in its own name.

7. The right to request the people's court to dissolve the company and conduct liquidation.

2. What are the shareholders' rights of a joint-stock company?

1. Exercise the right to know according to law. At this point, there is no difference between the shareholders of a joint stock limited company and the shareholders of a limited liability company in exercising their rights.

2. Exercise the right to convene and preside over the shareholders' meeting according to law. The minority shareholders of a joint stock limited company are slightly different from the shareholders of a limited liability company when exercising this right.

According to the provisions of Article 10 1 of the Company Law, if the board of directors fails to perform or fails to perform the duties of convening the shareholders' meeting and the board of supervisors fails to convene and preside over it, shareholders who have held more than 0/0% of the shares of the company/kloc-0 for more than 90 consecutive days may convene and preside over it by themselves. There is a time limit for minority shareholders to hold shares, that is, they need to hold shares for more than 90 days. This is to prevent some shareholders from using temporary purchases to make their shareholding share reach this ratio for their own benefit.

3. Right of proposal. Small and medium-sized shareholders of joint stock limited companies should make full use of this provision and exercise their right to propose in order to strive for their rights to the maximum extent.

4. Make full use of the cumulative voting system to elect the directors you trust. Article 105 of the Company Law stipulates that the shareholders' meeting may elect directors and supervisors by adopting the cumulative voting system according to the provisions of the articles of association or the resolutions of the shareholders' meeting.

5. Entrust an agent to exercise voting rights. According to Article 106 of the Company Law, shareholders may entrust an agent to attend the shareholders' meeting, and the agent shall submit a power of attorney to the company and exercise the right to vote within the scope of authorization.

6. The right to transfer shares according to law. Except under the circumstances stipulated in Article 14 1 of the Company Law, the shares held by shareholders may be transferred according to law. This transfer varies depending on whether the shares it holds are registered or unregistered. As long as bearer shares are delivered in legal trading places, registered shares need to complete relevant procedures according to law before the transfer can take effect.

7. The right to protect the legitimate rights and interests of yourself and the company in your own name. There are two differences between the shareholders of a joint stock limited company and the shareholders of a limited liability company when exercising this right. First, the shareholders who have the right to file a lawsuit are shareholders who have held more than 1% of the company's shares individually or collectively for more than 180 days. Second, according to Article 47 of the Securities Law of People's Republic of China (PRC), directors, supervisors and senior managers of listed companies and shareholders holding more than 5% of the company's shares sell their shares within six months after purchase, or buy them again within six months after sale, and the proceeds shall be owned by the company, and the board of directors of the company shall recover the proceeds.

8. The right to request the people's court to dissolve the company and conduct liquidation. This right is no different from the shareholders of a limited liability company, but the remaining property is distributed according to the proportion of shares held by shareholders.

In order to distinguish different types of companies, we mainly divide them into limited liability companies and joint stock limited companies according to the classification of company types in China. In different companies, as shareholders, the rights they can enjoy are different, and the actual obligations they need to perform will naturally be different. In addition, the company shall not harm the legitimate rights and interests of the company and other shareholders in the process of performing its obligations.