General Principles - The company aims to improve the management of its subsidiaries to ensure standardized operations and protect shareholders' rights [1][2] - The company defines key terms such as "subsidiary," "controlling subsidiary," and "management of subsidiaries" to clarify governance structures [2] Management Structure - The general manager is responsible for managing subsidiary affairs, including feasibility studies for establishment and termination, and maintaining communication with appointed personnel [3][4] - Various functional departments, such as finance and human resources, are designated to oversee and guide subsidiary operations [3] Establishment Management - Subsidiaries must align with the company's strategic development and enhance resource allocation [6] - The establishment of subsidiaries requires board approval and must include comprehensive documentation for decision-making [4][6] Governance of "Three Meetings" - Subsidiaries are required to establish shareholder meetings, boards of directors, and supervisory boards, with the company participating in these meetings to exercise management and oversight [5][6] Production and Operations Control - Subsidiaries must comply with national laws and align their operational goals with the company's strategic plans [19][20] - Major fixed asset investments by subsidiaries require company approval before execution [22] Financial Supervision and Management - Subsidiaries must adhere to unified financial management regulations and submit regular financial reports to the company [27][28] - The company maintains oversight of subsidiary financial activities, including auditing and budget approvals [28][29] Investment Management - Subsidiaries must report significant changes such as restructuring, mergers, and investments to the company [34] - Investment project decisions require feasibility studies and written reports for company review [35] Human Resources Management - Subsidiaries are expected to follow national labor laws and develop human resource management systems in line with company policies [37][38] - Personnel movements between the company and subsidiaries must be managed by the respective human resources departments [40] Information Disclosure - Subsidiaries must report significant matters to the company in a timely and accurate manner, ensuring compliance with disclosure regulations [42][43]
天和磁材: 子公司管理制度