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Sanyuan Foods updates external equity investment management

April 21, 2025 at 12:01 PM UTCBy FilingReader AI

Beijing Sanyuan Foods (SSE:600429) has released updated "External Equity Investment Management Measures" to regulate its investment activities, establish a robust decision-making framework, mitigate risks, and enhance asset value. The measures, applicable to the company and its subsidiaries, cover investments in external enterprises, including acquisitions and joint ventures. The Board of Directors will oversee investments, supported by an Investment Review Group. Key responsibilities are assigned to departments like Strategic Investment and Financial Management. Investments exceeding certain thresholds, such as 50% of total assets or net assets exceeding CNY 50 million, require shareholder approval. The measures detail investment procedures, risk controls, and post-investment management, including financial oversight and potential asset write-downs, ensuring compliance with laws, regulations, and the company's strategic goals.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:600429Shanghai Stock Exchange
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