东方环宇: 东方环宇关联交易决策制度

Core Points - The article outlines the related party transaction decision-making system of Xinjiang Dongfang Huanyu Gas Co., Ltd. to regulate related party transactions and protect the rights of shareholders and creditors, especially minority investors [1][2][3] Group 1: Definition of Related Parties and Transactions - Related parties include both legal entities and natural persons that have a special relationship with the company, such as those controlling more than 5% of shares [1][2] - Related transactions involve the transfer of resources or obligations between the company and its related parties, including asset purchases, financial assistance, and guarantees [3][4][5] Group 2: Reporting and Disclosure Requirements - Company directors, senior management, and shareholders holding more than 5% of shares must report related party lists and relationships to the board [6][7] - The company must disclose related party transactions in a timely manner, especially those exceeding 30 million yuan or 0.5% of the latest audited net assets [6][7][8] Group 3: Decision-Making Procedures - The decision-making process for related party transactions requires board approval for transactions above specified thresholds, ensuring transparency and fairness [5][6][7] - Related directors must abstain from voting on transactions to avoid conflicts of interest [9][10] Group 4: Exemptions and Special Cases - Certain transactions, such as those involving wholly-owned subsidiaries, may be exempt from the usual approval processes [8][9] - The company is prohibited from providing financial assistance to related parties, with specific exceptions outlined for non-controlling related companies [10][11]