Can the signature of the major shareholder represent the company?

As the case may be:

1. But it depends on the articles of association. According to the articles of association, the long-term lease of assets requires the resolution of the shareholders' meeting (the resolution of the board of directors or the general manager's office meeting or the direct approval of the general manager), depending on the authority.

2. If it is necessary to convene a general meeting of shareholders, it is necessary to convene a general meeting of shareholders, and a single shareholder has no right to decide whether it is a major shareholder or a minor shareholder. Moreover, the resolution of such shareholders' meeting has a passing rate (generally 50%). In other words, now that he is invalid, the meeting will still pass, and the minority is subordinate to the majority.

3. After the establishment of the company, it is separated from shareholders in personality and has an independent subject status. Only the legal representative can represent the company, and shareholders cannot represent the company. Therefore, the question asked by the subject, shareholders sign contracts on behalf of the company privately, has no influence on the company.

If one party fails to perform the contractual obligations or fails to meet the contractual obligations, it shall be liable for breach of contract such as continuing to perform, taking compensation measures or compensating for losses. This shows that the failure of major shareholders to fulfill their commitments may constitute a breach of contract and should bear the liability for breach of contract. The amount of compensation for breach of contract can be determined by referring to the change of stock price.

Legal basis:

Company Law of the People's Republic of China

Article 22

Resolutions of the shareholders' meeting or the shareholders' meeting or the board of directors of the company are invalid if they violate laws and administrative regulations.

If the convening procedure and voting method of the shareholders' meeting, shareholders' general meeting or the board of directors violate laws, administrative regulations or the articles of association, or the contents of the resolution violate the articles of association, the shareholders may request the people's court to cancel it within 60 days from the date of making the resolution.

Where a shareholder brings a lawsuit in accordance with the provisions of the preceding paragraph, the people's court may, at the request of the company, require the shareholder to provide corresponding guarantees.

If the company has gone through the registration of change according to the resolution of the shareholders' meeting or the shareholders' meeting or the board of directors, after the people's court declares the resolution invalid or cancels the resolution, the company shall apply to the company registration authority for cancellation of the registration of change.

Article 103

Shareholders attending the shareholders' meeting shall have one vote for each share they hold. However, the shares of the company held by the company have no voting rights.

The resolution of the shareholders' meeting must be passed by more than half of the voting rights held by the shareholders present at the meeting. However, the resolutions of the shareholders' meeting to amend the Articles of Association, increase or decrease the registered capital, and the resolutions of the company's merger, division, dissolution or change of corporate form must be adopted by more than two thirds of the voting rights held by the shareholders present at the meeting.