中国能源集团关联交易管理的难点分析与启示建议  

Analysis and Suggestions of Related-Party Transaction Management in China Energy Groups

作　　者：乔茹[1] QIAO Ru(SINOPEC Corp.General Administration Department,Beijing 100728,China)

机构地区：[1]中国石油化工股份有限公司综合管理部,北京100728

出　　处：《能源化工财经与管理》2023年第1期35-39,54,共6页

摘　　要：为防止公司控制者通过关联交易掠夺上市公司利益,境内外交易所对关联交易均从严管理。中国石化、中国石油等多家大型能源集团集中优质资产设立股份公司,并在上海证券交易所(上交所)和香港联合交易所有限公司(联交所)同步上市,部分内部交易由此成为控股股东与上市公司的关联交易。能源集团应加强关联交易管理,按规定履行审批程序,避免受到监管机构的处罚。文章重点分析了上交所和联交所关于关联交易的规定以及能源集团关联交易的典型难点,提出能源集团应树立底线思维,重视关联交易,加强重点业务人员的关联交易意识和合规培训,利用数字化手段优化合规管理,防患于未然。In order to prevent controlling shareholders from plundering the interests of listed companies through related party transactions,domestic and foreign exchanges have tightened the regulation on such transactions.China’s large energy groups,such as Sinopec and PetroChina,have set up joint-stock companies with high-quality assets,which are listed on the Shanghai Stock Exchange(SSE)and the Stock Exchange of Hong Kong Ltd.(SEHK).Thus,some internal transactions have become related-party transactions between the controlling shareholders and the listed companies.Energy groups should strengthen the management of related-party transactions and follow the approval procedures as required to avoid punishments from regulatory authorities.This paper analyzes the SSE and SEHK regulations on related-party transactions,and the typical pain points and difficulties in these transactions of energy groups.It is suggested that energy groups should establish a bottom-line mind-set,attach importance to those transactions,enhance the awareness and compliance training of key business personnel in related-party transactions,optimize compliance management through digital means,and prevent risks.

关 键 词：能源集团 上市公司 关联人 关联交易 上海证券交易所 香港联合交易所有限公司 

分 类 号：F426.2[经济管理—产业经济] F832.51