Legal analysis: the legal representative of the company borrows credit in his own name, and the borrowed money is used for the production and operation of the company. The company shall bear the repayment obligation, but in general, the shareholders of the company do not need to bear the repayment obligation. The legal representative, the legal person is a unit, and the legal representative is an individual.

Legal basis: Article 3 of People's Republic of China (PRC) Company Law is an enterprise legal person with independent legal person property and legal person property rights. The company is liable for its debts with all its property. Shareholders of a limited liability company shall be liable to the company to the extent of their subscribed capital contribution; Shareholders of a joint stock limited company shall be liable to the company to the extent of the shares subscribed by them.