2024/9/2 凌晨12:24 e Constitution Criminal Law of the People's Republic of China State Structure About Congress Chairman Meetings Our Work Deputies Resourc Home > Resources > Laws(Translation for Reference Only) Criminal Law of the People's Republic of China Updated: 2020-12-26 Top legislature sched upcoming standing c session Xi's special envoy to a inauguration of South president Section 3 Crimes of Disrupting Order of Company and Enterprise Management Article 158 Whoever deceives the competent company registration department and falsely declares the registered capital by using false documents of proof or other deceptive means, thus obtaining the company registration certificate, if the amount of the registered capital falsely declared China's top legislator Pakistani PM Top legislator stresse quality work of peopl congresses is large, the consequences are serious, or there are other serious circumstances, shall be sentenced to fixed-term imprisonment of not more than 3 years or short-term custody, and concurrently, a fine of not less than 1 percent but not more than 5 percent of the registered capital falsely declared; or shall be sentenced to a fine on the said scale only. Senior Chinese legisla attends Russia Day re Beijing An entity committing a crime as prescribed in the preceding paragraph shall be fined, and the directly responsible persons in charge and other directly responsible persons shall be sentenced to fixed-term imprisonment of not more than 3 years or short-term custody. Article 159 A company promoter or shareholder who, in violation of the provisions in the Company Law, makes a false capital contribution by failing to deliver the promised cash or tangible assets or to transfer property rights, or withdraws the contributed capital after the incorporation of the company, if the amount involved is large, the consequences are serious or there are other serious circumstances, shall be sentenced to fixed-term imprisonment of not more than 5 years or shortterm custody, and concurrently, a fine of not less than 2 percent but not more than 10 percent of the amount of his fake capital contribution or the capital contribution withdrawn; or shall be sentenced to a fine on the said scale only. An entity committing a crime as prescribed in the preceding paragraph shall be fined, and the directly responsible persons in charge and other directly responsible persons shall be sentenced to fixed-term imprisonment of not more than 5 years or short-term custody. Article 160 Whoever, when issuing stocks, corporate or enterprise bonds, depositary receipts, or other securities recognized by the State Council in accordance with the law, conceals important facts or fabricates major information in the prospectus for stocks, share en.npc.gov.cn.cdurl.cn/2020-12/26/c_921604_9.htm 1/6

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