Tongwang Dynamics: Lawyer Lu Yuzhong and his delegation were invited to give a special lecture on "Risk Prevention and Control of State-owned Enterprise Operation Violations" for Guangxi Nongken Jiuquwan Farm Co., Ltd.
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2021-09-30
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On the afternoon of September 29, 2021, Lu Yuzhong, senior partner of Guangxi Tongwang Law Firm, along with lawyers Qin Yangzihan and Fei Yuye, were invited by Guangxi Nongken Jiuquwan Farm Co., Ltd. to conduct a special training on the risk prevention and control of state-owned enterprise operation violations. The leadership team members, department managers, branch supervisors of Jiuquwan Farm Company, and the leadership team members and business backbones of each subsidiary participated in this training.
Jiuquwan Farm Company is affiliated to Guangxi Nongken Group, a large state-owned enterprise directly under the Autonomous Region. It was officially established on January 18, 2019. Its predecessor was Guangxi Nongken State-owned Jiuquwan Farm. The business operations of Jiuquwan Farm Company and its subsidiaries involve agricultural planting, land consolidation and leasing, flowers, seedlings, agricultural and sideline products, agricultural supplies production and sales, engineering construction, hotel services and other fields. It is a new enterprise established in the new round of Guangxi Nongken reform, in accordance with the requirements of establishing a modern enterprise system, and implementing enterprise optimization and restructuring with the farm as the main body.
This training focuses on four key areas: the types of common violations of state-owned enterprises in operation and investment, the accountability for violations of state-owned enterprises in operation and investment, the criminal risks of violations of state-owned enterprises, and the guidelines for compliant operation of state-owned enterprises. Lawyer Lu Yuzhong and his team analyzed typical cases, interpreted laws and regulations, put forward suggestions and implementation plans, and fully shared their work experience with the participants, laying a solid foundation for Jiuquwan Farm to further strengthen the risk prevention and control of state-owned enterprise operation violations.
This training aims to actively adapt to the regulatory requirements of Nongken Group and the State-owned Assets Supervision and Administration Commission for governing enterprises according to law, comprehensively improve the ability and level of legal risk control management of Jiuquwan Farm Company, ensure legal and compliant operation, improve the state-owned assets supervision system, prevent the loss of state-owned assets, and promote the high-quality development of the farm company. The management personnel who participated in the training said that they have mastered the basic knowledge of standardized operation and investment, improved their ability to prevent risks, and will adhere to standardized operation, compliant handling of affairs, emphasis on safety, and strict control of risks in future work. The training achieved positive results.

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