He was also found investing in public-listed companies against the rules, and trading power and money for sex.
He said there are usually two tools to increase sales: cut the prices to stimulate customers' appetite and launch new models to meet the demands of different people.
He used an initial 10-minute address to apologise. "That was a mistake and I am sorry for it," he said. Not enough was done to prevent the breach, he added, promising the company was now better prepared and was working on further improvements.
He said that when the company explained it, the response was: "Of course. How else would you cook food?" he told CNBC's "Power Lunch" on May 1.
He was denied bail, and prosecutors said they are considering a "more serious charge". The hearing was adjourned until April 10.
He stressed the need to "take state emergency measures" to make sure that new dwelling houses take shape and roads and railways are restored by Oct. 10, on which the 75th founding anniversary of the WPK falls.
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He said trading turnover between Russia and Hong Kong had fallen by nearly one-third in the first three months of this year, compared to the same period in 2019.
He spoke of the overuse of chemical fertilizers and pesticides, excessive fishing and grazing, and imprudent water use.
He told China Daily that his business has already held meetings with three companies in London this week, including a well-known drinks brand and two internet technology providers.
He serves as a group leader and directs his colleagues to take charge of daily diagnoses and treatments at the new Sino-French ward of Tongji Medical College's Tongji Hospital, which is affiliated with Huazhong University of Science and Technology in Wuhan.