Brief description of the corporate governance structure of China's companies

Corporate governance structure (CorporateGovernance), as the most important organizational structure in the modern enterprise system, is a set of institutional arrangements that clearly delineate the powers, responsibilities and interests between the shareholders' meeting (including shareholders), the board of directors (including directors), the supervisory board (including supervisors) and the managerial layer, as well as clear checks and balances on each other. Through such an institutional arrangement, the enterprise forms a clear interest mechanism and decision-making mechanism to ensure that the production and operation activities of the enterprise are carried out in an orderly and effective manner. The composition of the corporate governance structure, including the shareholders' meeting, the board of directors, the supervisory board and the board of managers set up in accordance with the law, as well as in the governance structure of the company's employees to play an increasingly stronger role.