The general meeting of shareholders is the highest authority of the company, which is composed of all shareholders. It makes decisions on major issues of the company and has extensive decision-making power on the operation and management of the company. The board of directors is responsible for the general meeting of shareholders. The company also has a board of supervisors, which is led by the general meeting of shareholders, and is responsible for supervising the board of directors, senior managers and the operation and management of the company. The board of directors shall appoint or dismiss the board of directors and be responsible for the daily operation of the company.