What does the ultimate beneficiary of the enterprise mean?

Shareholders. Generally speaking, the ultimate beneficiary of a company usually refers to shareholders, and most companies will think that the actual controlling talents traced back to the controlling shareholders are the ultimate beneficiaries, whether they are related shareholders, proxy shareholders or invisible shareholders. The most important thing is to find out who the ultimate beneficiary is, and the ultimate beneficiary should bear the responsibility of shareholders. An enterprise refers to an entity engaged in economic activities such as production, transportation and trade for profit.