1. Shareholders who individually or collectively hold more than 3% of the shares may propose to the shareholders' meeting that they have the right to recommend directors;
2. The employee directors are elected by the employee congress;
3. The election procedure is generally that shareholders nominate to the board of directors, which will take effect after being reviewed by the board of directors and submitted to the shareholders' meeting for consideration.
Duties of directors:
1. Call the shareholders' meeting and report the work to the shareholders' meeting;
2. Implement the resolutions of the shareholders' meeting;
3. Decide on the company's business plan and investment plan;
4. Formulate the company's annual financial budget plan and final accounts plan;
5. 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;
7. To formulate plans for the company's merger, division, dissolution or change of corporate form;
8. Decide 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;
10, formulate the basic management system of the company;
1 1. Other functions and powers stipulated in the Articles of Association.
Legal basis: Article 44 of the Company Law of People's Republic of China (PRC).
A limited liability company shall have a board of directors with three to thirteen members; However, unless otherwise provided for in Article 50 of this Law.
A limited liability company established by two or more state-owned enterprises or two or more other state-owned investors shall have staff representatives among its board members; Other members of the board of directors of a limited liability company may include representatives of employees of the company. The employee representatives in the board of directors are elected by the employees of the company through employee congresses, employee congresses or other forms of democratic elections.
The board of directors shall have a chairman and may have a vice-chairman. The method for the formation of the chairman and vice chairman shall be stipulated in the articles of association.