What do you mean by major shareholder?

Legal analysis: the major shareholder refers to the shareholder whose shares account for a relatively large proportion, that is to say, compared with other shareholders, this shareholder accounts for the largest proportion. The controlling shareholder must be a major shareholder, but the major shareholder is not necessarily a controlling shareholder. Controlling shareholder refers to a shareholder whose share of shares is large enough to affect the company's daily operation and decision-making on major issues. Controlling shareholders are divided into absolute holding (accounting for more than 50%) and relative holding (less than 50%, but more than 30%).

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

Article 5 A company engaged in business activities must abide by laws, administrative regulations, social ethics and business ethics, be honest and trustworthy, accept the supervision of the government and the public, and assume social responsibilities.

The legitimate rights and interests of the company are protected by law and shall not be infringed.

Article 6 To establish a company, it shall apply to the company registration authority for registration of establishment according to law. Those that meet the conditions for establishment as stipulated in this Law shall be registered as limited liability companies or joint stock limited companies respectively by the company registration authority; Those who do not meet the conditions for establishment as stipulated in this Law shall not be registered as a limited liability company or a joint stock limited company.