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What is the crime of illegal transfer of equity?
Legal analysis: illegal securities business, if the circumstances are particularly serious, constitutes a crime of illegal business according to law, and should be sentenced to fixed-term imprisonment of not more than five years, and fined not less than one time but not more than five times the illegal income.

Legal basis: Article 225 of the Criminal Law of People's Republic of China (PRC), in violation of state regulations, commits one of the following illegal business operations, disrupting market order, and if the circumstances are serious, shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also, or shall only, be fined not less than one time but not more than five times the illegal income; If the circumstances are especially serious, he shall be sentenced to fixed-term imprisonment of not less than five years, and shall also be fined not less than one time but not more than five times for illegal gains or confiscation of property:

(a) operating franchise, special business projects or other restricted business projects as stipulated by laws and administrative regulations without permission;

(2) buying and selling import and export licenses, import and export certificates of origin and other business licenses or approval documents stipulated by laws and administrative regulations;

(3) illegally engaging in securities, futures or insurance business without the approval of the relevant competent department of the state;

(four) other illegal business activities that seriously disrupt the order of the city. Article 231 Where a unit commits the crimes specified in Articles 221 to 230 of this section, it shall be fined, and the persons who are directly in charge and other persons who are directly responsible shall be punished in accordance with the provisions of this section.