Core Viewpoint - The Ministry of Finance has revised the "General Principles of Corporate Finance" to enhance financial management, mitigate financial risks, and protect the rights of stakeholders, while seeking public feedback on the draft [1][2]. Group 1: Overview of the Draft - The draft consists of eight chapters: general principles, capital raising, asset operation, investment activities, profit distribution, supervision and evaluation, legal responsibilities, and appendices, totaling 46 articles [1]. - The "General Principles" serve as the framework for China's corporate financial system, addressing the increasing complexity of financial activities and the issues highlighted by recent corporate failures [1]. Group 2: Financial Management Focus - The draft emphasizes post-event financial supervision while providing non-binding guidelines to encourage companies to enhance financial management, allowing for significant autonomy in decision-making [2]. - It sets baseline requirements for companies to address externalities, such as mandating the allocation of safety production funds for related expenditures, thereby protecting the interests of creditors, employees, and society [2].