The main responsibilities of China Aviation Oil Group Corporation

1. Implement the national laws, regulations and industrial policies, and operate independently according to law under the national macro-control and industry supervision, guided by market demand.

2. Exercising the corresponding investor rights for the relevant state-owned assets of relevant enterprises, operating, managing and supervising the state-owned assets formed by the state's investment in relevant enterprises according to law, and assuming the responsibility of maintaining and increasing the value accordingly.

3. To formulate and implement the development strategy, development plan, annual plan, investment plan, internal reform plan and major business decisions of the group company according to market demand, national economic and civil aviation development plan and national industrial policy.

4 according to national laws and regulations and industrial policies, optimize the allocation of production factors, organize the implementation of major investment activities, and be responsible for the input-output effect. Accelerate technological innovation and scientific and technological progress, enhance market competitiveness, and promote the development of aviation oil industry in China.

5. Deepen enterprise reform, speed up structural adjustment, transform enterprise management mechanism, establish a modern enterprise system, strengthen internal management, do a good job in enterprise restructuring, streamline institutions and divert redundant personnel, and maintain enterprise and social stability.

6. Guide and strengthen the ideological and political work and spiritual civilization construction of related enterprises of the Group Company, manage the intangible assets such as the name, trademark and goodwill of the Group Company in a unified way, and do a good job in the internal corporate culture construction of the Group Company.

7. Undertake other tasks entrusted by the State Council and relevant departments.