He shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined or his property confiscated. According to the provisions of the Criminal Law, whoever causes a large amount of loss of interests shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also or only be fined; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than ten years and shall also be fined; If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined or confiscated. Where there are other provisions in this Law, such provisions shall prevail.

legal ground

Article 166 of the criminal law

Staff of state-owned companies, enterprises and institutions who take advantage of their positions and cause heavy losses to the interests of the state shall be sentenced to fixed-term imprisonment of not more than three years or criminal detention and shall also or only be fined; Whoever causes particularly heavy losses to the interests of the state shall be sentenced to fixed-term imprisonment of not less than three years but not more than seven years and shall also be fined.