Personal ID card can settle $50,000 a year.
The company uses the ID card to receive foreign exchange and then convert it into RMB, with an annual quota of only 50,000 per person.
If the company uses it, it can't go to the bank to settle foreign exchange that year.
As for the impact, if it is legal, there is basically no problem. The benefit to the company is the successful conversion of US dollars into RMB.