The Company Law stipulates that the controlling shareholder, actual controller, directors, supervisors and senior management personnel of the company shall not use their relationship to harm the interests of the company. The so-called related relationship refers to the relationship between the controlling shareholder, actual controller, directors, supervisors and senior managers of the company and the enterprises directly or indirectly controlled by them, as well as other relationships that may lead to the transfer of the company's interests. State-controlled enterprises are not only related because they are controlled by the state. The controlling shareholder means that its capital contribution accounts for more than 50% of the total capital of a limited liability company or its shares account for more than 50% of the total share capital of a joint stock limited company; Although the amount of capital contribution or the proportion of shares held is less than 50%, shareholders who have sufficient voting rights according to their capital contribution or shares held have significant influence on the resolutions of the shareholders' meeting or shareholders' meeting. The actual controller refers to the person who can actually control the company's behavior through investment relations, agreements or other arrangements, although he is not a shareholder of the company. Senior management personnel refer to managers, deputy managers, financial officers, secretaries of the board of directors and other personnel stipulated in the articles of association of a listed company.
Legal basis: Article 21 of the Company Law of People's Republic of China (PRC), the controlling shareholder, actual controller, directors, supervisors and senior management personnel of the company shall not use their relationship to harm the interests of the company. Anyone who violates the provisions of the preceding paragraph and causes losses to the company shall be liable for compensation.