Legal analysis: Enterprises listed in the abnormal business list are restricted in bank loans, government bidding, opening online stores, selecting advanced products and even selling commercial houses, resulting in a situation of "one place is broken and everywhere is restricted". Specifically, it has the following effects: First, the market blacklist: market entities that have not been submitted within the time limit will be included in the business exception list and publicized to the public. Those who fail to submit the annual report for three years will be directly included in the "blacklist" of serious illegal market entities, and corporate loans will be restricted at that time. Abnormal business entities will be restricted or prohibited in government procurement, project bidding, transfer of state-owned land, and awarding honorary titles. Second, the credit is damaged: if there is dishonesty, the enterprises listed in the "abnormal list" and "blacklist" will accompany them for life. When they want to make their own brands or products, their credit will be questioned, and when they cooperate with others, they are often at a disadvantage in the competition. It will also be hindered when identifying well-known trademarks. 3. Restricted person-in-charge: The relevant information of the legal representative (person-in-charge), directors, supervisors, senior managers and self-employed persons of enterprises listed in the list of enterprises that have seriously violated the law will be included in the credit supervision system, and their qualifications will be restricted. He shall not be a director, supervisor or senior manager of other commercial entities such as manager, deputy manager, chief financial officer and secretary of the board of directors of a listed company within three years.

Legal basis: Article 5 of the Company Law of People's Republic of China (PRC), when engaging in business activities, a company must abide by laws and administrative regulations, observe social morality and business ethics, be honest and trustworthy, accept the supervision of the government and the public, and assume social responsibilities. The legitimate rights and interests of the company are protected by law and shall not be infringed.