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Is Baling Group operating legally?

Baling Group is legally operated.

80 (Shanghai) Technology Co., Ltd. was established in May, 2020, 65438+April. The business scope of the company includes: licensed items: telecommunications business; Food business, general items: technical service, technical development, technical consultation, technical exchange, technology transfer and technology popularization; Software development; Information system integration service; Information system operation and maintenance services; Data processing and storage support services; Information technology consulting services, etc.

What is the definition of legal operation?

Legal analysis: legal business is a business that is certified and not illegal. Whoever, in violation of state regulations, commits one of the following illegal business operations and disrupts the market order, 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.

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) without permission, dealing in franchised or monopolized commodities or other commodities whose operation is restricted by laws and administrative regulations.

(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.

(three) without the approval of the relevant competent departments of the state, illegally engaged in securities, futures, insurance business, or illegally engaged in fund payment and settlement business.

(four) other illegal business activities that seriously disrupt the market order.