Chapter One General Principles
Article 1
To deeply implement General Secretary Xi Jinping's important instructions on "two unifications," improve the modern enterprise system with Chinese characteristics, standardize and ensure the management team of Hubei Energy Group Co., Ltd. (hereinafter referred to as the Company) exercises its powers and performs its duties in accordance with the law, and enhance corporate governance effectiveness, these work rules are formulated based on the "Company Law of the People's Republic of China," "State-Owned Assets Law of the People's Republic of China," "Interim Rules for the Work of Central Enterprises' Boards of Directors," "Interim Guidelines for the Management Teams of Central Enterprises," and the "Articles of Association of Hubei Energy Co., Ltd." (hereinafter referred to as the Articles of Association).
Article 2
These work rules apply to the management team of the Company, which includes the General Manager, Deputy General Managers, and Chief Accountant.
Article 3
Members of the management team should consciously arm themselves with Xi Jinping's Thought on Socialism with Chinese Characteristics for a New Era, firmly uphold their ideals and beliefs, remember their original mission, deeply understand the decisive significance of the "two establishments," enhance the "four consciousnesses," strengthen the "four confidences," achieve the "two safeguards," establish and practice a correct view of performance, promote entrepreneurial spirit, be loyal to the Party, innovate courageously, manage enterprises effectively, promote enterprise development, maintain integrity, and effectively safeguard the interests of the Party and the state, investors, the Company, and the legitimate rights and interests of employees, thereby promoting the Company to grow stronger, better, and larger, enhance core functions, improve core competitiveness, and accelerate the construction of a first-class regional comprehensive energy service provider.
Article 4
The management team is the executive body of the Company, responsible for operations, implementation, and management. It should consciously maintain the leadership role of the Company’s Party Committee in directing, managing the overall situation, and ensuring implementation, and the role of the Board of Directors as the main body for strategic decision-making, risk prevention, and management. It should support external directors in fulfilling their responsibilities in rational decision-making, risk prevention, supervision, and providing advice, promoting the unity of strengthening Party leadership and improving corporate governance. Members of the management team entering the Party Committee and Board of Directors should execute their powers and duties in accordance with relevant regulations and the deliberation rules of the Party Committee and Board of Directors.
Chapter Two Responsibilities and Authority of the Management Team
Article 5
The management team shall perform the following responsibilities:
- Implement the Party's theories and policies, carry out the decisions and deployments of the Party Central Committee and the State Council, and fulfill the work requirements of higher-level units;
- Analyze and assess the macroeconomic situation and the Company's status to actively plan strategies and proposals for improving production and operations;
- Organize the implementation of Board resolutions, allocate resources reasonably, improve execution efficiency, and ensure effective achievement of the Company's operational plans and goals;
- Strengthen internal management and internal control, optimize business processes, prevent and resolve risks, and continuously improve operational efficiency and management effectiveness;
- Organize support for the operation of the Board and the performance of directors, implement mechanisms for proposing major operational management matters, maintain good communication with Board members, report work to the Board, and be responsible for the authenticity, accuracy, completeness, and timeliness of the information provided to the Board.