CNPC announced yesterday that the State Council and the State Council recently announced an adjustment decision on the leadership of China National Petroleum Corporation. CNPC set up a board of directors, Jiang Jiemin took the post of chairman and party leader, but removed its general manager duties from Zhou Jiping. The manager, Zhou Jiping, also serves as a director. This also marks the formal establishment of a standardized board of directors by CNPC. Since the beginning of the year, CNPC, Sinopec and CNOOC have established a standardized board of directors.
The so-called standardization of the board of directors, that is, the company's major business decisions are decided by the board of directors, the management level reports to the board of directors, and the management and decision-making levels check and balance each other. In April this year, the Central Organization Department appointed Fu Chengyu and Wang Yilin respectively to serve as the chairman of Sinopec Group and CNOOC. Sinopec and CNOOC respectively established a board of directors and set up positions with the general manager.
However, CNPC did not disclose the specific list of other members of the board of directors. Since 2005, the SASAC has begun to promote the establishment of a standardized board of directors system in state-owned enterprises. As of now, among nearly 120 central SOEs, a total of 30% of companies have established a normative board of directors. China Coal also hired outside directors as its chairman.
For the establishment of the Board of Directors of CNPC, Zhu Boshan, general manager of Shanghai Tianqiang Management Consulting Co., Ltd. stated: “Unlike the establishment of a board of directors by a listed company in accordance with the company law, the establishment of a board of directors by the group company means that the SASAC and the central government promote the reform of the standardization of the board of directors in state-owned enterprises. The management system will be transformed.†He said that the establishment of a standardized board of directors system by CNPC is of a symbolic significance, which means that in the future, CNPC will not only attach importance to operating results in decision-making on major issues, but also take into account the interests of shareholders and the people as its major shareholder. Equity, pay more attention to social responsibility, and handle social relations well. However, he believes that the normative operation of the board of directors also depends on whether there are outside directors involved and really participate in company management.
The reporter noticed that when announcing personnel adjustments, the Central Organization Department also proposed that CNPC should attach great importance to public opinion work, improve its ability to handle public relations, deal with the media, actively and effectively guide **, and establish a “negative central enterpriseâ€. Responsible, respected good image.
The so-called standardization of the board of directors, that is, the company's major business decisions are decided by the board of directors, the management level reports to the board of directors, and the management and decision-making levels check and balance each other. In April this year, the Central Organization Department appointed Fu Chengyu and Wang Yilin respectively to serve as the chairman of Sinopec Group and CNOOC. Sinopec and CNOOC respectively established a board of directors and set up positions with the general manager.
However, CNPC did not disclose the specific list of other members of the board of directors. Since 2005, the SASAC has begun to promote the establishment of a standardized board of directors system in state-owned enterprises. As of now, among nearly 120 central SOEs, a total of 30% of companies have established a normative board of directors. China Coal also hired outside directors as its chairman.
For the establishment of the Board of Directors of CNPC, Zhu Boshan, general manager of Shanghai Tianqiang Management Consulting Co., Ltd. stated: “Unlike the establishment of a board of directors by a listed company in accordance with the company law, the establishment of a board of directors by the group company means that the SASAC and the central government promote the reform of the standardization of the board of directors in state-owned enterprises. The management system will be transformed.†He said that the establishment of a standardized board of directors system by CNPC is of a symbolic significance, which means that in the future, CNPC will not only attach importance to operating results in decision-making on major issues, but also take into account the interests of shareholders and the people as its major shareholder. Equity, pay more attention to social responsibility, and handle social relations well. However, he believes that the normative operation of the board of directors also depends on whether there are outside directors involved and really participate in company management.
The reporter noticed that when announcing personnel adjustments, the Central Organization Department also proposed that CNPC should attach great importance to public opinion work, improve its ability to handle public relations, deal with the media, actively and effectively guide **, and establish a “negative central enterpriseâ€. Responsible, respected good image.
Heavy Steel Pipe Co., Ltd , http://www.hzsteelpipe.com