Shareholders' meeting generally refers to the shareholders' meeting, which is an institution composed of all shareholders and decides major issues in the company's operation and management. The shareholders' meeting is the highest authority of the joint-stock company, which makes decisions on major issues of the company, has the right to appoint and remove directors, and has extensive decision-making power over the company's operation and management. All major personnel appointments and dismissals and major business decisions of an enterprise are generally valid only after being recognized and approved by the shareholders' meeting. According to Article 98 of the Company Law of People's Republic of China (PRC), the shareholders' meeting of a joint stock limited company is composed of all shareholders. The shareholders' meeting is the authority of the company and exercises its functions and powers in accordance with this Law.
Legal objectivity:
Article 36 The shareholders' meeting of a limited liability company shall be composed of all shareholders. The shareholders' meeting is the authority of the company and exercises its functions and powers in accordance with this Law. Article 37 of the Company Law of People's Republic of China (PRC) * * * The shareholders' meeting shall exercise the following functions and powers: (1) To decide on the company's business policy and investment plan; (2) Electing and replacing directors and supervisors who are not employee representatives, and deciding on the remuneration of directors and supervisors; (3) Examining and approving the report of the board of directors; (4) Examining and approving the reports of the board of supervisors or supervisors; (5) To examine and approve the annual financial budget plan and final accounts plan of the company; (VI) To examine and approve the profit distribution plan and loss recovery plan of the company.