How to do a good job in the management of socially owned assets by supply and marketing cooperatives

Legal analysis: In order to strengthen and standardize the supervision and management of the socially-owned assets of supply and marketing cooperatives, the All-China Federation of Supply and Marketing Cooperatives (hereinafter referred to as the General Cooperative) revised the Measures for the Supervision and Administration of Socially Owned Assets of Supply and Marketing Cooperatives, which was deliberated and approved by the 6th Director's Office Meeting and the 32nd Party Group Meeting of the 7th Council of the General Society.

Legal basis: Article 1 of the Measures for the Supervision and Administration of Socially Owned Assets of Supply and Marketing Cooperatives In order to standardize and strengthen the supervision and management of the socially owned assets of supply and marketing cooperatives, ensure the safety and preservation and appreciation of socially owned assets, and enhance the ability of supply and marketing cooperatives to serve farmers, these measures are formulated in accordance with the relevant national laws and regulations on nuclear fuel balance, the Decision of the ***** of the Communist Party of China on Deepening the Comprehensive Reform of Supply and Marketing Cooperatives and the Articles of Association of the All-China Federation of Supply and Marketing Cooperatives.

The supply and marketing cooperatives are non-state-owned cooperative economic organizations, and the current cooperation is in name only, and some of the grassroots cooperatives are struggling. Who is the vested interest in the disposal of withered assets? At present, the cooperatives are again busy with the joy of entering the treasury, and the disposal of socially-owned assets should be decided by the owners and workers of the enterprise.

Legal analysis: supply and marketing cooperatives are non-state-owned cooperative economic organizations, and cooperatives should unite grassroots cooperatives to use existing land resources to carry out business operations according to local conditions. The disposal of socially owned assets shall be decided by the owners and employees of the enterprise.

Legal basis: Measures for the Supervision and Administration of Assets of Supply and Marketing Cooperatives

Article 8 The Council of Supply and Marketing Cooperatives at all levels is the representative and manager of the ownership of the assets of the social assets and the assets of the affiliated enterprises and institutions, and is responsible for the management of the social assets at the same level, and exercises the rights of investors such as asset returns, participation in major decision-making and the selection of managers of the invested enterprises in accordance with laws and regulations, manages and supervises the assets of the enterprises, and performs the duties of managing and supervising the assets of the affiliated institutions.

Article 9 The Socially-owned Assets Management Committee established by the Federation of Supply and Marketing Cooperatives (hereinafter referred to as the Cooperative) shall, in accordance with the authorization of the Council, strengthen the supervision of socially-owned assets and socially-owned enterprises. The operation mode of the Asset Management Committee shall be determined by the Board of Directors of the Association in light of the actual situation.

Article 10 Supply and marketing cooperatives may set up socially owned capital investment and operation companies (hereinafter referred to as "operating entities"), and authorize operating entities to perform the duties of investors of socially owned capital within the scope of authorization. The operating entity shall exercise the responsibilities of shareholders of its invested enterprises and implement the responsibility of maintaining and increasing the value of socially owned capital.

Article 11 Socially-owned enterprises shall establish and improve the modern enterprise system, improve the market-oriented operation mechanism, follow the laws of the market economy, strive to improve operational efficiency and economic benefits, enhance their competitiveness, driving force and ability to resist risks, and earnestly safeguard the legitimate interests of investors.

Article 12: Socially-owned enterprises, as the main body of the operation and management of socially-owned assets, shall improve the articles of association, clarify the legal status of Party organizations in the corporate governance structure, and make the study and discussion of Party organizations a pre-procedure for the board of directors and managers to make decisions on major business and management matters.