The related parties in the new Company Law are controlling shareholders, actual controllers, directors, supervisors, senior managers and enterprises directly or indirectly controlled by them, which may lead to the transfer of the company's interests and are both sides of the related relationship.
Legal objectivity:
Company Law of the People's Republic of China
Article 2 16
The meanings of the following terms in this Law:
(4) 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. However, state-controlled enterprises are not related only because they are controlled by the state.