CSPM(SH:601858) Zheng Quan Zhi Xing·2025-07-11 16:13Core Points - The document outlines the performance assessment management measures for the heads of China Science Publishing and Media Co., Ltd, emphasizing the importance of safeguarding state-owned assets and enhancing shareholder value [1][2] - The assessment includes both annual and term evaluations, linking results to annual compensation and incentives [1][3] - The assessment principles focus on quality, market orientation, legal compliance, balancing short-term and long-term goals, industry benchmarking, and integrating performance evaluation with incentive mechanisms [2][3] Assessment Orientation - The assessment emphasizes efficiency and effectiveness, guiding enterprises to optimize resource allocation and improve economic benefits and capital returns [5][6] - Social benefits are prioritized, aiming to enhance the company's social influence and core competitiveness [6][7] - The focus is on core business operations, encouraging companies to strengthen their main business and address development shortcomings [7][8] Annual Assessment - The annual performance assessment consists of social benefits (55% weight) and economic benefits (45% weight) [10][11] - Economic benefits include total revenue, net profit, and economic value added (EVA) [11][12] - The assessment targets for total revenue and net profit are set to be at least 110% of the previous year's actual completion value if it shows growth [11][12] Term Assessment - The term assessment indicators include the annualized growth rate of state-owned capital preservation and the annualized growth rate of main business income, each accounting for 50% of the evaluation [19][20] - The target for the annualized growth rate of state-owned capital preservation is set at no less than 10% [19][20] - The assessment process involves the board's remuneration and assessment committee evaluating the completion of assessment targets based on audited financial reports [23][24] Special Assessment - The document states that the results of party building and discipline inspection assessments will be linked to the annual salary of the heads of enterprises [25][26] - The financial director's performance assessment will be determined based on the company's annual performance assessment and relevant regulations [25][26] Accountability - The document outlines penalties for heads of enterprises in cases of serious violations of salary management or financial misconduct, including salary deductions and potential dismissal [28][29] - Serious violations of laws and regulations leading to significant decision-making errors or asset losses will result in salary deductions and possible legal consequences [30][31]