CPEC(SH:600339) Zheng Quan Zhi Xing·2025-08-21 11:18Core Points - The article outlines the investment management measures of China Petroleum Engineering Group Co., Ltd. to enhance investment efficiency and reduce risks [1] - The investment management framework is designed to comply with national laws and regulations, align with the company's development strategy, and ensure the safety of funds [1][2] - The company categorizes investments into short-term and long-term, with specific guidelines for each type [2] Investment Principles - Major investments must adhere to national laws, align with the company's strategic goals, and focus on risk prevention [1] - Investments requiring government approval must follow necessary procedures to ensure compliance with macroeconomic policies [2] Decision-Making Authority - The Board of Directors and the Shareholders' Meeting are the decision-making bodies for investments, with significant projects requiring prior review by the company's Party Committee [7] - Investments meeting certain thresholds must be approved by the Board and then submitted to the Shareholders' Meeting for approval [8][9] Internal Control - The Development Planning Department is responsible for managing investment projects, including feasibility studies and final investment decision reviews [16] - Various departments, including Finance, Market Analysis, and Project Management, have specific roles in evaluating and overseeing investment projects [18][20] Annual Investment Planning - The annual investment plan consists of a framework plan and batch plans, with the framework plan requiring approval from the Party Committee and the Board of Directors [24][25] - Projects included in the batch plan must comply with the overall investment scale and have completed the necessary approval procedures [27] Implementation and Supervision - After approval, the designated department or subsidiary leads the implementation of investment projects [28] - The Strategic and ESG Committee, along with the Audit and Risk Committee, has the authority to supervise and inspect investment activities [30] Information Disclosure - The company must adhere to legal requirements for information disclosure related to investments, ensuring that all provided information is accurate and timely [32][33]