Chapter I General Provisions Article 1 In order to do a good job in the entrusted operation of state-owned assets in our city, strengthen the management of state-owned assets, establish a management system and operation mechanism of state-owned assets that meet the requirements of the socialist market economy, and ensure the preservation and appreciation of state-owned assets, these measures are formulated in accordance with the relevant provisions of the state and combined with the actual situation of this city. Article 2 The term "state-owned assets" as mentioned in these Measures refers to the property or property right owned by the state, which is formed by various forms of state investment and its income, and is recognized according to laws and administrative regulations. Article 3 Entrusted operation of state-owned assets means that the Municipal State-owned Assets Management Committee (hereinafter referred to as the Municipal State-owned Assets Supervision and Administration Commission), on behalf of the government at the corresponding level, entrusts state-owned assets management companies, specific operating institutions of the municipal government, state-owned holding companies and parent companies of enterprise groups (hereinafter referred to as the trustee) established at the municipal level to operate, exercise the functions of investors or manage property rights. Article 4 These Measures shall apply to the entrusted operation of municipal state-owned assets within the administrative area of this Municipality. Article 5 The Municipal State-owned Assets Administration Bureau (SASAC, the same below) is responsible for undertaking the specific work of entrusted operation and exercising the functions of supervision and management over the asset operation of the entrusted institution. Article 6 A trustee shall meet the following basic conditions:

(a) shall not undertake administrative management and administrative functions (except the specific operating institutions of the municipal government);

(2) completing the asset verification according to the regulations can provide reliable data for determining the total assets and expected appreciation during the entrustment base period;

(3) Having the ability to realize scale operation;

(4) Having a sound asset operation management system and corresponding internal institutions. Article 7 The leadership system of the trustee institution may be the board system or the general manager responsibility system. The appointment and removal of the chairman, directors, general manager and other senior management personnel shall be implemented in accordance with the relevant provisions of this Municipality. Chapter II Rights and Obligations of the Trustee Article 8 After accepting the entrustment, the asset management company or the specific operating agency of the municipal government shall exercise the responsibilities of investor on behalf of the Municipal People's Government on the state-owned assets of the enterprise within the scope of entrustment.

After being entrusted, state-owned holding companies and parent companies of enterprise groups hold the property rights of subsidiaries and subsidiaries within the scope of entrustment and manage the property rights.

The trustee makes unified investment decisions and resource allocation for state-owned assets within the scope of entrustment. Article 9 The rights of the trustee:

(1) Exercising decision-making power over the operation of state-owned assets as an investor or a property right holder;

(2) To appoint and remove the manager (director) of a wholly state-owned enterprise within the scope of entrustment according to the prescribed procedures, and to send a representative of property rights (equity) to the board of supervisors of the holding or shareholding enterprise according to the articles of association of the enterprise;

(three) to decide or approve the asset management form of state-owned enterprises according to law, and to be responsible for the preliminary examination of the establishment, merger (merger), division and termination of state-owned enterprises;

(four) to examine and approve the mortgage and paid transfer of key equipment, complete sets of equipment and important buildings of state-owned enterprises according to law;

(five) to collect the proceeds of state-owned assets according to law;

(six) other rights stipulated by laws, regulations and rules. Article 10 Obligations of the trustee:

(a) take reasonable and effective measures to ensure the preservation and appreciation of state-owned assets within the scope of entrustment;

(two) to complete the annual assessment indicators issued by SAAC and accept the assessment by SAAC;

(three) in accordance with the relevant provisions of the state-owned assets;

(four) limited liability for corporate debts to the extent of the capital invested by the enterprise;

(five) the preparation of consolidated financial and accounting statements from the entrusted operation year;

(six) other obligations stipulated by laws, regulations and rules. Chapter III Entrustment Methods and Procedures Article 11 The Municipal State-owned Assets Supervision and Administration Commission may entrust a state-owned holding company or the parent company of an enterprise group to wholly hold the property rights of state-owned assets of the state-owned holding company and the subsidiaries (enterprises) of the enterprise group; For the state-owned assets of state-owned asset management companies and member enterprises of the specific operating institutions of the municipal government, SASAC may entrust the state-owned asset management companies and the specific operating institutions of the municipal government to exercise the functions of investors as a whole.

SASAC can entrust the state-owned assets of member enterprises one by one after the property right of the state-owned assets of the enterprise or the asset relationship changes after the property right change. Article 12 After entrusted operation, the trustee will incorporate the state-owned assets of the enterprises within the entrusted scope into the state capital and long-term investment of the trustee, and the original state capital of the enterprise will be converted into enterprise capital, which will be held by the state-owned holding company and the parent company of the enterprise group respectively, or by the asset management company and the specific operating agency of the municipal government as its investors. Thirteenth SASAC according to the needs of the city's state-owned assets operation, determine the scope of entrusted operation of state-owned assets, state-owned assets base period, put forward the basic requirements of entrusted operation. Article fourteenth the entrusted institution shall, in accordance with the provisions of the preceding article, put forward the entrusted operation plan and report it to the Municipal State-owned Assets Administration Bureau for review. The contents of the entrusted operation plan include:

(a) the establishment and management system of the trustee;

(two) the total amount, distribution and structure of state-owned assets included in the scope of entrustment (with balance sheet, income statement and property right registration summary table, etc.). );

(3) Business forms and measures for maintaining and increasing value;

(4) Expected business objectives, etc.