Abstract:In 2016, "The Battle between Baoneng Investment Group LTD and Vanke Co.LTD" caused people to think about the protection of the rights and interests of the fouding shareholders in corporate governance.In the fast development of capital market,the founding shareholders lose control of their companies,which happens very frequently.This paper attempts to study the samples of growth company group and start-up company group,and tries to put forward the protection path of founding shareholders' rights and interests in corporate governance,which means to promote the role of legal culture,formulate rich connotation of articles of association and perfect the risk control function of Corporation Law in our country.