Legal analysis: generally including: teaching and research instruments, electronic products, electromechanical equipment, communication products (excluding radio transmitting equipment), Wujinjiaodian, metal materials (excluding rare and precious metals), building materials, clothing, handicrafts (excluding cultural relics) and wood. The above business scope does not include projects prohibited or restricted by national laws and regulations and the State Council. From the perspective of domestic and foreign investment, domestic technology companies can not only engage in technology development, technical services, technical consultation and technology transfer, but also engage in the sales of electronic products and machinery and equipment, as well as consulting services such as meeting etiquette and enterprise management consulting. Foreign-funded technology companies are the same as domestic-funded technology companies, except that product sales need to be written separately from wholesale and retail, and foreign-funded companies need approval to engage in retail business.
Legal basis: Article 505 of the General Principles of the Civil Law of People's Republic of China (PRC), the validity of a contract concluded by the parties beyond the business scope shall be determined in accordance with the third section of Chapter VI of Part I of this Law and the relevant provisions of this Part. Only beyond the business scope, the contract cannot be deemed invalid.