Legal analysis: If more than half of the participants attend the board meeting, the board meeting can be held. The meeting of the board of directors refers to the meeting convened by the board of directors to study and decide on major issues and urgent matters within the scope of the company's responsibilities. It is presided over by the chairman, and relevant departments and personnel may be invited to attend as nonvoting delegates according to the topics. It does not include the situation that some directors get together to discuss related work or the board of directors only forms written resolutions by circulation. The meeting of the board of directors is an important way for the board of directors to function and the main form of discussion.
Legal basis: Article 124 of the Company Law of People's Republic of China (PRC). Where a director of a listed company is related to the enterprise involved in the resolution of the board of directors, he shall not exercise the right to vote on the resolution, nor shall he exercise the right to vote on behalf of other directors. The board meeting can only be held when more than half of the unrelated directors are present, and the resolutions made at the board meeting must be passed by more than half of the unrelated directors. If there are less than three unrelated directors present at the board of directors, they shall be submitted to the shareholders' meeting of the listed company for deliberation.