Technology, Healthcare, Financials Dec 06, 2021 06:29 PM (GMT+8) · EqualOcean
Cailian, December 6 (Xinhua) -- SASAC today held a special promotion meeting on strengthening professional, systematic and legalized supervision. Weng Jieming, deputy director of the office of the leading group for state owned enterprise reform of the State Council, member of the Party committee and deputy director of the SASAC, said at the meeting that it is necessary to strengthen supervision over important links and key areas and build a dam to prevent the loss of state-owned assets. We should strengthen the supervision and rectification of problems such as false financial and accounting information, relying on enterprises to eat enterprises, setting up rent-seeking, illegal affiliation, shadow shareholders and shadow companies. To prevent major risks, local SASAC should take the lead in establishing an emergency intervention mechanism for special matters such as malicious acquisition and major debt default.

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