Legal basis: People's Republic of China (PRC) Criminal Law.
Article 93 "State functionaries" as mentioned in this Law refers to those who are engaged in public service in state organs. Personnel engaged in public service in state-owned companies, enterprises, institutions and people's organizations, personnel engaged in public service in non-state-owned companies, enterprises, institutions and social organizations appointed by state organs, state-owned companies, enterprises and institutions, and other personnel engaged in public service according to law are regarded as national staff.
Article 166 Any staff member of a state-owned company, enterprise or institution who, by taking advantage of his position, commits any of the following circumstances, thus causing heavy losses to the national interests, shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention and shall also, or shall only, be fined: whoever causes particularly heavy losses to the national interests shall be sentenced to fixed-term imprisonment of not less than three years but not more than seven years and shall also be fined: (two) to purchase goods from the units managed by their relatives and friends at a price significantly higher than the market, or to sell goods to the units managed by their relatives and friends at a price significantly lower than the market; (3) purchasing unqualified goods from units managed by their relatives and friends.
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The above answer is only for the current information combined with my understanding of the law, please refer carefully!
If you still have questions about this issue, I suggest you sort out relevant information and communicate with professionals in detail.