SRX(SH:605168) Zheng Quan Zhi Xing·2025-09-02 16:14Core Viewpoint - The document outlines the external investment management system of Sanrenxing Media Group Co., Ltd., aiming to standardize investment behaviors, mitigate risks, enhance investment efficiency, and protect the interests of the company and its investors [1][2]. Summary by Sections General Principles - The external investment refers to the company's actions to invest resources such as cash, physical assets, and intangible assets in other organizations or individuals to expand operations or implement new product strategies for long-term gains [1]. - Basic principles for external investment include alignment with the company's development strategy, rational resource allocation, and the creation of good economic benefits [1]. Approval Authority for External Investments - Investments requiring government approval must follow necessary procedures to ensure compliance with national macroeconomic policies [2]. - The approval authority for external investments is categorized into three levels: - Investments meeting certain thresholds must be approved by the shareholders' meeting [2]. - Investments above specified amounts require board approval [3]. - Investments below board thresholds can be decided by the chairman [3]. Organizational Structure for Investment Management - The shareholders' meeting, board of directors, and chairman are the decision-making bodies for external investments [8]. - The board's strategic committee is responsible for coordinating and analyzing investment projects [5]. - The general manager's office is tasked with gathering investment information and conducting comprehensive analyses of potential projects [5]. Decision-Making and Asset Management - External investments are classified into short-term and long-term investments, with specific procedures outlined for each type [6][21]. - Short-term investments include assets that can be liquidated within a year, while long-term investments are those that cannot be easily converted to cash [6]. - The company must conduct feasibility studies and obtain necessary approvals before proceeding with long-term investments [22]. Financial Management and Auditing - The finance department is responsible for maintaining detailed accounting records for each investment project [34]. - Regular audits and evaluations of investment projects are mandated to ensure compliance and protect company interests [41][42]. Miscellaneous Provisions - The investment management system will be effective upon approval by the shareholders' meeting and will be revised as necessary to comply with national laws and regulations [43][44].