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What will happen if you miss the shareholders' meeting?
Shareholders' Meeting The shareholders' meeting is the highest authority of the company. It is composed of all shareholders, who make decisions on major issues of the company, have the right to appoint and remove directors, and have extensive decision-making power over the company's operation and management. Shareholders' meeting is not only a regular or temporary meeting attended by all shareholders, but also the highest authority of a corporate enterprise composed of all shareholders. It is an organization in which shareholders, as the owners of enterprise property, exercise property management rights over the enterprise. All major personnel appointments and dismissals and major business decisions of an enterprise are generally valid only after being recognized and approved by the shareholders' meeting.
A joint-stock company that issues shares to the public is generally required to hold a general meeting of all shareholders of the company within a period of not less than one month and not more than three months from the date of opening. The main task of the meeting is to review the statutory report submitted by the directors of the company to the shareholders of the company before the meeting 14. The purpose is to let all shareholders know and master the general situation of the company and whether they have a solid foundation to carry out important business.
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