Legal basis: Article 149 of the Company Law of People's Republic of China (PRC), directors and senior managers shall not commit the following acts: 1. Misappropriation of company funds; 2. Open an account for the company's funds in its own name or in the name of other individuals; (3) Lending the company's funds to others or providing guarantee for others with the company's property without the consent of the shareholders' meeting, the shareholders' general meeting or the board of directors, in violation of the provisions of the company's articles of association; 4. In violation of the articles of association of the company or without the consent of the shareholders' meeting or the shareholders' meeting, enter into a contract or conduct a transaction with the company; 5. Without the consent of the shareholders' meeting or shareholders' meeting, take advantage of his position to seek business opportunities belonging to the company for himself or others, and run the same business as the company he works for himself or others; 6. Take the commission of others' transactions with the company as your own; 7. Unauthorized disclosure of company secrets; 8. Other acts that violate the obligation of loyalty to the company. The income of directors and senior managers who violate the provisions of the preceding paragraph shall be owned by the company.