001391SZSE

Work Rules of the Management Team of China International Freight Airlines Co., Ltd.

Air China Cargo Co., Ltd.··24 pages

✨ AI Summary

The announcement outlines the work rules for the management team of China International Freight Airlines Co., Ltd. (the "Company"), aiming to enhance corporate governance and operational efficiency. Key responsibilities include implementing national policies, managing company operations, and ensuring effective communication with the board. The rules establish a framework for decision-making processes and accountability within the management team.

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Full Translation

AI Translation· azure_openai

Chapter One General Principles

Article 1

To thoroughly implement General Secretary Xi Jinping's important instructions on "two unifications," continuously improve the modern enterprise system with Chinese characteristics of China International Freight Airlines Co., Ltd. (hereinafter referred to as "the Company"), standardize the management team's lawful exercise of power and duties, and enhance corporate governance effectiveness, these "Work Rules of the Management Team of China International Freight Airlines Co., Ltd." (hereinafter referred to as "these Rules") are formulated in accordance with the Company Law of the People's Republic of China, relevant national laws and regulations, the Articles of Association of China International Freight Airlines Co., Ltd. (hereinafter referred to as "the Articles of Association"), and the requirements of higher authorities, combined with practical work.

Article 2

The management team is the executive body of the Company. While fully exerting its functions in business planning, implementation, and management, it consciously maintains the leadership role of the Party Committee in guiding direction, overseeing the overall situation, and ensuring implementation, as well as the role of the Board of Directors in strategic decision-making, risk prevention, and operational decision-making. The members of the management team include the President, Vice Presidents, and Chief Accountant; among them, the Vice Presidents and Chief Accountant are deputy positions within the management team.

Article 3

These Rules apply to the management team of the Company. Fully-owned, holding enterprises, and investment enterprises under the actual control of the Company shall refer to these Rules and formulate their own management team work rules based on their Articles of Association and Board of Directors' authorization.

Chapter Two Responsibilities and Authority of the Management Team

Article 4 Responsibilities of the Management Team

  1. Implement the Party's theories, guidelines, and policies, and carry out the decisions and deployments of the Central Committee of the Party, the State Council, and the national development strategy, fulfilling the work requirements of the State-owned Assets Supervision and Administration Commission, AVIC Group, and the Company's Party Committee and Board of Directors.
  2. Analyze macroeconomic conditions and the Company's status to actively plan strategies and proposals for improving production and operations, focusing on implementing the Company's development strategy and planning.
  3. Organize the implementation of Board resolutions, allocate resources reasonably, improve execution efficiency, and ensure effective achievement of the Company's operational plans and objectives.
  4. Strengthen internal management and internal control, optimize business processes, prevent and resolve risks, and continuously enhance operational efficiency and management effectiveness.
  5. Organize support for the operation of the Board of Directors 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 information provided to the Board.

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