The company has actively engaged in social responsibility and the local infrastructure, including donating to the local primary school, providing food aid and improving the environment.
The companies that fail to keep up can choose to face a fine or purchase credits from peers with an excess.
The commission at each level integrates forces to fight corruption in government authorities, including anti-graft bureaus in people's procuratorates, and then works together with local disciplinary authorities of the Communist Party of China.
The company has already signed purchasing agreements with a number of domestic companies in the fast moving consumer goods or FMCG industry, according to Dai.
The company employed 149,500 people at the end of the third quarter— up from 109,800 for the same period last year.
The company currently has 10 million shared bikes globally and 200 million users in 250 cities around the world, said Xiang Jigui, vice-president of the company.
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The company also counts world-renowned pianist Lang Lang and artificial intelligence expert Kaifu Lee its investors.
The communique was issued after the Seventh Plenary Session of the 18th Central Committee of the Communist Party of China, which was held from Oct.11 to 14 in Beijing.
The combined profits of China's SOEs amounted to 1.82 trillion yuan (4.5 billion) in the first six months, up 7.2 percent year-on-year, the ministry said in an online statement. The growth rate slowed from the 8.7-percent increase in the first five months, the official data showed.
The committee believed that Sun's political ambition and selfish desire became overinflated. He broke many Party discipline rules and became corrupt, the newspaper reported.