上海环境: 上海环境集团股份有限公司投资管理制度

Core Points - The investment management system of Shanghai Environment Group aims to standardize investment behavior, enhance internal control, mitigate risks, and protect the rights of shareholders and stakeholders [1][2] - The system applies to the company and its subsidiaries, focusing on long-term asset or equity investments [1][2] - Investment activities must align with the company's development strategy and core business focus [2] Group 1: Investment Management Structure - The investment management department is responsible for preparing the annual investment plan, conducting preliminary research, and managing investment implementation [3] - Subsidiaries are tasked with feasibility studies, project approval, and management of investment projects within their scope [3][4] - The audit department evaluates the execution of internal control procedures related to investment decisions [3][4] Group 2: Investment Approval and Authority - Investment projects requiring shareholder approval must adhere to the company's articles of association [4] - The chairman can approve single investments not exceeding 10% of the company's latest audited net assets [4] - The president exercises investment authority within the scope of their authorization [4] Group 3: Long-term Equity Investment Management - Long-term equity investments include establishing new companies, acquiring shares, and capital increases [5] - Investment proposals must include company information, investment purpose, economic feasibility, and risk analysis [5][6] - Due diligence is required for significant acquisitions, and evaluations must comply with state asset management regulations [5][6] Group 4: Project Investment Management - Project investments must align with the company's strategic goals and require prior approval from authorized entities [6][7] - Feasibility studies must be conducted for investment projects, covering external environment analysis, technical plans, and economic assessments [6][7] - The investment party is responsible for managing the entire project process, including progress, quality, and cost control [6][7] Group 5: Cost Control and Adjustments - The investment party is responsible for controlling project costs, with specific approval processes for cost overruns [8][9] - Significant changes in investment conditions require timely recommendations for project adjustments [8][9] - Annual financial budgets must align with approved investment plans to ensure funding availability [9] Group 6: Information Disclosure - Investment activities must be disclosed in accordance with relevant stock exchange rules and internal disclosure policies [10] - The board office manages external investment information disclosure, requiring cooperation from all departments and subsidiaries [10]