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Institutional Arrangement



Group company

◆ A new-type state-owned enterprise under the Company Law.
◆ Carrying out general manager responsibility system under the leadership of the Board of Directors.
◆ Six administrative teams performing their own function, being responsible for their own works and seeking common development by joint cooperation.
◆ Setting up Risk Management Committee under direct control of the Board of Directors to give top priority to risk management.
◆ Examination and assessment committee to be established by members from each administrative team to attach great importance to the team construction of senior officers.


Organically integrating the work of Party Committee into the operation and management of the enterprise

◆ Based on the Responsibilities of Each Department and Procedure Rules, organically integrating corporate legal person management into Party Committee participating in decisions on major issues.
◆ Through the work of the examination and assessment committee, organically integrating Party’s supervision into decision-making power in employing people by the enterprise.
◆ By the intervention of the discipline inspection commission into the whole process of business operations including the invitation of public bidding, organically integrating strictly administering the Party into honesty and self-discipline management on various level of administrative teams.
◆ By the construction of "four excellences in theory study, in unity and cooperation, in work style and image and in performance", organically integrating strict requirement for Party members and leader into requirement on various level of administrative teams.
◆ By pushing forward "one post, double duties", organically integrating the Party’s work into management and administration.
◆ Based on the Xiangyu Cultural Outline, organically integrating the promotion of cultural and ideological progress by the Party Committee into enterprise cultural construction.


Investment enterprises

◆ Carrying out general manager responsibility system under the leadership of the Board of Directors.
◆ Strategic-driven+ financial-supervision
◆ Comprehensive Budget Management
◆ Performance management on all staff
◆ Selection and appointment based on the Human Resources Guidance
◆ Attaching great importance to the construction of administrative teams and senior officer teams
◆ Reaching a common understanding and standardizing behaviors in line with the Cultural Outline.


 

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