Is it useful that the company's shares are not listed?

Legal analysis: the shares in a joint stock limited company represent the shareholders' partial ownership of the company, and whether it is listed or not is legally recognized. Shareholders can get economic benefits from the company and participate in the management of the company.

Legal basis: People's Republic of China (PRC) Company Law.

Article 4 Shareholders of a company shall enjoy the right to return on assets, participate in major decisions and choose managers according to law.

Article 97 Shareholders have the right to consult the company's articles of association, shareholders' register, corporate bond stubs, minutes of shareholders' general meeting, resolutions of the board of directors, and financial and accounting reports, and make suggestions or queries on the company's operation.

Article 103 Shareholders attending the shareholders' meeting shall have one vote for each share they hold. However, the shares of the company held by the company have no voting rights.