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Will corporate secret letters reveal information?
Legal basis: People's Republic of China (PRC) Company Law.
Article 5 A company engaged in business activities must abide by laws, administrative regulations, social ethics and business ethics, be honest and trustworthy, accept the supervision of the government and the public, and assume social responsibilities. The legitimate rights and interests of the company are protected by law and shall not be infringed.
Registered as a limited liability company or a joint stock limited company by the company registration authority; Those that do not conform to the provisions of this law shall not be registered as limited liability companies or joint stock limited companies.
Article 68 A wholly state-owned company shall have a manager who shall be appointed or dismissed by the board of directors. The manager shall exercise his functions and powers in accordance with the provisions of Article 49 of this Law. With the consent of the state-owned assets supervision and administration institution, members of the board of directors may concurrently serve as managers.
Article 69 Without the consent of the state-owned assets supervision and administration institution, the chairman, vice-chairman, directors and senior managers of a wholly state-owned company may not hold part-time jobs in other limited liability companies, joint stock limited companies or other economic organizations.
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