According to Article 43 of the Securities Law of People's Republic of China (PRC), employees of stock exchanges, securities companies, securities registration and settlement institutions, staff of securities supervision and administration institutions, and other personnel prohibited from participating in stock trading by laws and administrative regulations are not allowed to hold, buy or sell stocks directly or under a pseudonym or in the name of others during their term of office or within the statutory time limit, nor are they allowed to accept stocks donated by others. When becoming a person listed in the preceding paragraph, the shares already held by him must be transferred according to law.