(2) Implementing the resolutions of the shareholders' meeting.
(3) To decide on the company's business plan and investment plan;
(4) To formulate the company's annual financial budget plan and final accounts plan;
(five) to formulate the company's profit distribution plan and loss compensation plan;
(6) To formulate plans for the company to increase or decrease its registered capital and issue corporate bonds;
The board of directors is an operating executive body composed of all directors established in accordance with relevant laws, administrative regulations and policies and the articles of association of the company or enterprise. Has the following characteristics:
The board of directors is the business executive body of the authority of the shareholders' meeting or the employees' meeting of the enterprise. It is responsible for the command and management of the company or enterprise and its business activities, and is responsible for and reports its work to the shareholders' meeting of the company or enterprise. The board of directors must implement the decisions made by the shareholders' meeting or the employees' shareholders' meeting on major issues of the company or enterprise.
China's laws stipulate the number of directors of limited liability companies and joint stock limited companies respectively. Article 45 of the Company Law stipulates that a limited liability company shall have a board of directors with 3- 13 members. Article 5 1 of the Company Law stipulates that a limited liability company with fewer shareholders or a smaller scale may have an executive director instead of a board of directors. Article 109 of the Company Law stipulates that a joint stock limited company shall set up a board of directors with 5- 19 members.
legal ground
Article 46 of the Company Law of People's Republic of China (PRC), the board of directors shall be responsible to the shareholders' meeting and exercise the following powers:
(1) Convene the shareholders' meeting and report the work to the shareholders' meeting;
(2) Implementing the resolutions of the shareholders' meeting.
(3) To decide on the company's business plan and investment plan;
(4) To formulate the company's annual financial budget and final accounts;
(5) To formulate the company's profit distribution plan and loss recovery plan.
(6) To formulate plans for the company to increase or decrease its registered capital and issue corporate bonds;
(seven) to formulate plans for the merger, division, dissolution or change of corporate form of the company;
(VIII) Deciding on the establishment of the company's internal management organization;
(9) To decide on the appointment or dismissal of the company manager and their remuneration, and to decide on the appointment or dismissal of the company's deputy manager and financial officer and their remuneration according to the nomination of the manager;
(X) To formulate the basic management system of the company;
(eleven) other functions and powers stipulated in the articles of association.