What is a joint-stock company

The total capital of the company is divided into equal shares, which can be publicly issued to the public to raise funds, and the shares can be transferred according to law; The law has a minimum limit on the number of shareholders of a company, but there is no maximum limit; Shareholders shall bear limited liability to the company with their subscribed shares, and the company shall bear liability for the company's debts with all its assets; Each share has one voting right, and shareholders enjoy rights and assume obligations with the shares they subscribe for; The company shall disclose the accounting reports audited by certified public accountants.