TechFlow News - Deep Tide, March 24th: According to reports from the People's Daily, the General Office of the CPC Central Committee and the General Office of the State Council recently issued the "Regulations on Clean Conduct of State-Owned Enterprise Leaders." Article 7 explicitly prohibits state-owned enterprise leaders from leveraging their authority or official positions to seek private gains, specifically including: accepting gifts, monetary rewards, and virtual currencies from affiliated enterprises; buying and selling houses and vehicles at unfair prices as a disguised form of accepting bribes; entrusting others with securities and futures investments without contributing capital yet receiving benefits; conducting power-for-money transactions through hidden equity stakes or proxy shareholding; obtaining substantial returns through financial activities such as private lending; exploiting enterprise insider information or trade secrets for personal gain; theft by those in positions of trust or illegal embezzlement or misappropriation of enterprise assets; privately pocketing discounts, intermediary fees, and reward rebates. Violators will be subject to disciplinary and legal consequences in accordance with regulations.
TechFlow News - Deep Tide, March 24th: According to reports from the People's Daily, the General Office of the CPC Central Committee and the General Office of the State Council recently issued the "Regulations on Clean Conduct of State-Owned Enterprise Leaders." Article 7 explicitly prohibits state-owned enterprise leaders from leveraging their authority or official positions to seek private gains, specifically including: accepting gifts, monetary rewards, and virtual currencies from affiliated enterprises; buying and selling houses and vehicles at unfair prices as a disguised form of accepting bribes; entrusting others with securities and futures investments without contributing capital yet receiving benefits; conducting power-for-money transactions through hidden equity stakes or proxy shareholding; obtaining substantial returns through financial activities such as private lending; exploiting enterprise insider information or trade secrets for personal gain; theft by those in positions of trust or illegal embezzlement or misappropriation of enterprise assets; privately pocketing discounts, intermediary fees, and reward rebates. Violators will be subject to disciplinary and legal consequences in accordance with regulations.