There are four main corporate governance structures.

The corporate governance structure of a company consists of four parts: asset ownership, board of directors, board of supervisors and manager. The so-called structural rationalization means that the positions of the four components are incompatible, preventing the positions of senior managers from overlapping, and corporate governance, especially the chairman and general manager, the board of directors and the general manager team, is highly overlapping. At the same time, an important feature in the framework of corporate governance structure is that the board of directors has strengthened financial constraints and control over operators. The corporate governance of small and medium-sized enterprises should build a set of control system with the board of directors as the core and the rights and interests of investors as the guarantee on the basis of the powers and responsibilities of the board of directors.

Legal basis:

Company Law of the People's Republic of China

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. Where laws and administrative regulations stipulate that the establishment of a company must be approved, the approval procedures shall be handled according to law before the company is registered. The public may apply to the company registration authority to inquire about the registered items of the company, and the company registration authority shall provide inquiry services.

Article 9 When a limited liability company is changed into a joint stock limited company, it shall meet the requirements of a joint stock limited company as stipulated in this Law. When a joint stock limited company is changed into a limited liability company, it shall meet the conditions of a limited liability company as stipulated in this Law. Where a limited liability company is changed into a joint stock limited company, or a joint stock limited company is changed into a limited liability company, the creditor's rights and debts before the company change shall be inherited by the changed company.