深潮TechFlow|Mar 24, 2026 09:01
The Central Committee of the Communist Party of China has issued the "Regulations on Clean and Honest Conduct of State owned Enterprise Leaders": It is prohibited to accept "virtual currency" and other property
On March 24th, according to the People's Daily, the General Office of the Communist Party of China Central Committee and the General Office of the State Council recently issued the "Regulations on Clean and Honest Conduct of State owned Enterprise Leaders". Article 7 explicitly prohibits leaders of state-owned enterprises from using their power or position to seek personal gain, including: accepting gifts and virtual currency from affiliated enterprises; Accepting property in disguise by buying and selling houses, vehicles, etc. at unfair prices; Entrusting others to invest in securities and futures without contributing but benefiting; Conducting power and money transactions through anonymous shareholding or proxy holding of equity; Obtaining large returns through financial activities such as private lending; Using insider information or trade secrets of enterprises for personal gain; Supervise theft or illegal possession of enterprise property; Embezzlement of discount fees, intermediary fees, and rewards for returning property. Violators will be dealt with in accordance with regulations, discipline, and the law.
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