Shareholders' meetings at CSCC can be divided into annual general meetings and extraordinary shareholders' meetings. Annual general meetings are convened within six months after the end of each fiscal year in accordance with the law, whereas extraordinary shareholders' meetings are convened when necessary in accordance with the law. The primary functions of shareholders' meetings include deliberating on CSCC's operational plans prior to implementation by the Board of Directors and acknowledging the adoption of CSCC's business reports, financial statements, and proposals for distribution of earnings or compensation for losses.
CSCC's major shareholders consist of domestic and foreign legal persons, financial institutions, and natural persons, with legal persons accounting for 44.43% of our shareholders. CSCC's major shareholders include China Steel Corporation, Fubon Life Insurance Co., Ltd., International CSRC Investment Holdings Co., Ltd., Ever Wealthy International Co., Ltd., Chih Cheng Te Investment Co., Ltd., Hsin Yang Investment Co., Ltd., Chang Gung Medical Foundation, Chase Custodian Vanguard Group Emerging Markets Fund Investment Account, Chase Custodian Vanguard International Stock Index, and CSCC's shareholder structure is illustrated as follows:
Note: These figures were up-to-date as of April 14, 2023.