The major shareholder of a legal person transfers the company's assets privately.

Legal analysis: the legal representative of the company transfers the company's property, which seriously infringes on the company's interests and should be jointly and severally liable for the company's debts. If a crime is constituted, criminal responsibility shall be investigated according to law.

Legal basis: Article 20 of People's Republic of China (PRC) Company Law, shareholders of a company shall abide by laws, administrative regulations and articles of association, exercise their rights according to law, and shall not abuse their rights to harm the interests of the company or other shareholders; The company's independent legal person status and the limited liability of shareholders shall not be abused to harm the interests of the company's creditors.

Shareholders of a company who abuse their rights and cause losses to the company or other shareholders shall be liable for compensation according to law.