Institutional responsibilities of China Tobacco International Co., Ltd.

2 unified operation and management of tobacco state-owned trade business, formulate relevant rules and regulations, and standardize the business order; Participate in the formulation of annual plans for tobacco import and export products and be responsible for organizing their implementation; Participate in setting the price of tobacco import and export products; Organize the import of tobacco leaves, and organize the operation of overseas investment entities that purchase imported tobacco leaves.

3. Draw up the development plan and production layout of overseas enterprises in this industry; Guide, coordinate and manage the production and operation of overseas enterprises and overseas cigarette sales networks in this industry; Participate in the formulation of incentive policies to explore the international market, and study and put forward relevant incentive schemes.

4. Unified management of overseas investment and economic and trade cooperation in tobacco industry; Review and evaluate the establishment, division, merger and cancellation of overseas investment projects and overseas enterprises in this industry, and report to the State Council for approval; Coordinate and solve legal disputes in foreign trade.

5. Exercise the investor's rights to the company's wholly-owned enterprises, holding enterprises and shareholding enterprises according to law, operate and manage state-owned assets, and assume the responsibility of maintaining and increasing value; According to the authorization of the State Council, manage the personnel and labor wages of companies, overseas investment holding enterprises and overseas institutions.

6. To undertake other tasks assigned by the National Bureau and the Head Office.