Rights and obligations of minority shareholders in the company

Legal analysis: in terms of rights, minority shareholders not only have the right to return assets, the right to participate in major decisions of the company, the right to choose managers, but also the right to litigation. In terms of obligations, minority shareholders should pay their capital contributions in full within the time limit stipulated in the articles of association. In the course of the company's operation, if minority shareholders find that the directors and senior managers have harmed their own interests and individually or collectively hold 1% of the company's shares, they may submit a written request to the board of supervisors or the supervisors of a limited liability company without a board of supervisors.

Legal basis: Article 4 of the Company Law of People's Republic of China (PRC) Company enjoys the rights of earning assets, participating in major decisions and choosing managers according to law.