1. In principle, the debts of the company shall be borne by the company with its property, and shareholders shall bear limited liability to the extent of their capital contribution to the company;
2. However, in order to safeguard the interests of the company's creditors and the normal economic order, China has stipulated the system of denying the corporate personality of the shareholders of a limited company.
When it cannot be proved that the company's property is independent of shareholders' own property, shareholders should bear joint and several liability, not limited liability.
3. Shareholders bear the burden of proof on whether their personal property is separated from the company's property.
Legal basis: Article 64 of the Company Law of People's Republic of China (PRC). If the shareholders of a limited liability company cannot prove that the company's property is independent of the shareholders' own property, they shall be liable for the company's debts.
Take joint and several liability.