智慧财务 | 以“监”促治，以“管”固防：构筑穿透式监管体系夯实企业风险防线

Core Viewpoint - The recent series of documents released by the State-owned Assets Supervision and Administration Commission (SASAC) emphasizes the implementation of penetrating supervision in state-owned enterprises (SOEs) to enhance risk prevention and governance capabilities [2][3]. Group 1: Policy Information - The document titled "Promoting the Reform of State-owned Assets and Enterprises to Show New Atmosphere and Achieve New Breakthroughs" introduces the concept of "exploring penetrating supervision" and strengthens oversight on significant matters [3]. - The requirement to accelerate the construction of an online supervision system for state-owned enterprises is highlighted, aiming to enhance its practicality [3]. - The regulatory scope is to be expanded, extending supervision to grassroots enterprises and overseas entities [3]. - The "Further Deepening the Reform of State-owned Assets and Enterprises to Provide Solid Strategic Support for Chinese-style Modernization" document emphasizes the use of information technology to implement penetrating supervision and improve oversight of investors [3]. - The notification regarding the construction and supervision of the internal control system for central enterprises in 2025 calls for strengthening internal control systems and clarifying management and supervision responsibilities [3]. Group 2: Implementation of Penetrating Supervision - Penetrating supervision is identified as a core method for enhancing corporate governance, safeguarding state assets, and preventing systemic risks [4]. - The core value of penetrating supervision is summarized as "clear visibility, effective control, and robust prevention" [4]. - The approach aims to break down traditional regulatory barriers, achieving precise supervision across all levels of state-owned enterprises [8]. - Transaction transparency focuses on core aspects of the state-owned enterprise value chain, aiming to monitor dynamic risks throughout the business process [9]. - Data transparency leverages digital tools to eliminate information silos, enabling real-time data collection and analysis [10]. - Risk transparency targets the identification and management of substantive risks, addressing issues arising from complex organizational structures and diverse business operations [11]. Group 3: Organizational and System Improvements - A scientific institutional framework is to be established around internal governance, related transactions, risk management, and information disclosure [12]. - An efficient management organization should be constructed, clarifying responsibilities and enhancing collaboration among departments [13]. - A comprehensive risk control mechanism is to be developed, focusing on real-time monitoring and proactive risk management [15]. - An intelligent regulatory platform is to be built, integrating data from various business processes to facilitate deep analysis and risk identification [16]. Group 4: Strategic Importance - Penetrating supervision is deemed a critical measure for deepening state-owned enterprise reform and preventing systemic risks, requiring systematic enhancements in strategy, organization, processes, and technology [19].