Is China Shipping Property Management Co., Ltd. a central enterprise?

China Shipping Property Management Co., Ltd., a private enterprise, originated in Hong Kong and was officially registered in Shenzhen on July 199 1. It is a wholly-owned subsidiary of China Shipping Real Estate Co., Ltd. under China Overseas Group. Among them, China Overseas Group was established in Hongkong on 1979, and its parent company is China State Construction Engineering Corporation, a state-owned super-large backbone enterprise directly managed by SASAC. At present, the Group has two listed companies in Hong Kong with total assets of nearly HK$ 40 billion.

1. Criminal Law of People's Republic of China (PRC)

(1) Article 271 Personnel of companies, enterprises or other units who take advantage of their positions and illegally take the property of their own units for themselves shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention; If the amount is huge, he shall be sentenced to fixed-term imprisonment of not less than five years and may also have his property confiscated.

(2) Personnel engaged in public service in state-owned companies, enterprises or other state-owned units and personnel assigned by state-owned companies, enterprises or other state-owned units to engage in public service in non-state-owned companies, enterprises or other units shall be convicted and punished in accordance with the provisions of Articles 382 and 383 of this Law.

2. Interpretation of the Supreme People's Court and the Supreme People's Procuratorate on Several Issues Concerning the Application of Laws in Handling Criminal Cases of Corruption and Bribery Article 11 The starting point of "large amount" and "huge amount" in the crime of accepting bribes by non-state staff as stipulated in Article 163 of the Criminal Law and the crime of occupational embezzlement as stipulated in Article 271 shall be two times and five times the corresponding amount standard as stipulated in this Interpretation. The starting point of the amount of "large amount", "huge amount" and "engaging in illegal activities" in the crime of misappropriating funds stipulated in Article 272 of the Criminal Law shall be twice the amount standard of "large amount", "serious circumstances" and "engaging in illegal activities" in this interpretation.

Third, the starting point of the amount of "large amount" and "huge amount" in the crime of bribing non-state staff stipulated in the first paragraph of Article 164 of the Criminal Law should be twice the amount standard stipulated in Article 7 and Article 8, paragraph 1 of this Interpretation.

If repeated corruption is not handled, it shall be punished according to the accumulated amount of corruption.

Whoever commits the crime mentioned in the first paragraph, truthfully confesses his crime before initiating public prosecution, sincerely repents, and actively returns stolen goods to avoid or reduce the occurrence of damage. Under the circumstances specified in the first paragraph, the punishment may be lightened, mitigated or exempted; In the case of the second and third provisions, a lighter punishment may be given.

If a person commits the crime mentioned in the first paragraph and is sentenced to a suspended sentence under the circumstances specified in the third paragraph, the people's court may, according to the circumstances of the crime, at the same time decide to reduce his death sentence to life imprisonment after the expiration of the two-year suspension of execution, without commutation or parole.