The term "major issues" as mentioned in these Measures refers to the foreign investment, business decision-making, property right change, asset disposal, personnel change and other matters of the second affiliated enterprise, which shall be reported to the Municipal State-owned Assets Supervision and Administration Office (Finance Bureau) (hereinafter referred to as the Municipal State-owned Assets Supervision and Administration Office) and the competent department.
Article 4 Reports on major issues of municipal enterprises are divided into examination and approval reports and filing reports. The examination and approval items need to be approved by the Municipal State-owned Assets Supervision and Administration Office (Finance Bureau) before implementation, including the decision of the Municipal State-owned Assets Supervision and Administration Office in conjunction with relevant municipal departments or the approval of the municipal government.
Legal basis: The following items in Article 6 of the Law of People's Republic of China (PRC) on State-owned Assets of Enterprises are filed.
1. Long-term development plan and annual business plan of municipal enterprises;
2 municipal enterprises internal financial accounting management system;
3 municipal enterprise employment management system;
4. Changes of management team members of municipal enterprises, directors and supervisors representing state-owned shares;
5. Municipal enterprises have caused heavy losses of state-owned assets or endangered the safety of state-owned assets due to violations of laws and regulations, major business mistakes and major legal proceedings; Arbitration or litigation involving enterprise assets, or compulsory measures such as seizure, freezing and seizure of enterprise assets by relevant organs and units.