State-owned capital investment and operation companies exercise shareholder responsibility for the enterprises they hold, safeguard the legitimate rights and interests of shareholders, undertake limited responsibilities within the amount of capital contribution, and earnestly undertake the responsibility of optimizing the layout of state-owned capital, improving the operational efficiency of state-owned capital and realizing the preservation and appreciation of state-owned assets in accordance with the principle of corresponding responsibilities and rights.
Characteristics of state-owned capital investment companies:
1. If there is no shareholders' meeting, the government or the state-owned assets supervision institution shall exercise the functions and powers of the shareholders' meeting. The government or the state-owned assets supervision institution may authorize the board of directors of a company invested and operated by state-owned capital to exercise some functions and powers of the shareholders' meeting.
2. According to the requirements of modern state-owned enterprise system with China characteristics, state-owned capital investment and operation companies should set up party organizations, boards of directors and managers, standardize the corporate governance structure, establish and improve the decision-making execution supervision mechanism with equal rights and responsibilities, coordinated operation and effective checks and balances, and give full play to the leading role of party organizations, the decision-making role of the board of directors and the management role of managers.