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Is it legal for the shareholders' meeting of a state-owned company to agree to use the company's assets to purchase funds?
It is legal for the shareholders' meeting of a state-owned company to agree to use the company's assets to purchase funds.

1. State-owned enterprises can purchase exclusive wealth management products (including funds and bank wealth management, etc.). ) included in its unit account according to law.

2. The income needs to pay non-operating income tax to the tax authorities according to the product type (the fund insurance is tax-free).

3.SASAC has always been very strict in financial supervision of state-owned enterprises, mainly to control their investment in the secondary market. Enterprises that invest more than 5% equity in the secondary market need to go to SASAC for approval in advance; Less than 5% people need to report to SASAC.