Article 1 In order to implement the management responsibilities of state-owned assets of railway enterprises, promote the establishment of an operating mechanism that allows enterprises to operate independently, be responsible for their own profits and losses, self-restraint, and self-development, and achieve the preservation and appreciation of state-owned assets, in accordance with the "Regulations on the Supervision and Administration of Property of State-owned Enterprises" and the state-owned

These measures are formulated in accordance with the "Trial Measures for the Assessment of Preservation and Appreciation of State-owned Assets" issued by the Asset Management Bureau, the Ministry of Finance, and the Ministry of Labor.

Article 2 The term "state-owned assets" as mentioned in these Measures refers to the state owner's rights and interests formed by the state (Ministry of Railways) in various forms of investment and investment income in railway enterprises or obtained in accordance with the law (or the re-investment of state-owned assets by railway enterprises and institutions).

State-owned legal person's rights and interests formed by investment).

Specifically, it includes capital, capital reserve fund, surplus reserve fund and undistributed profits.

Article 3 The term "preservation of state-owned assets" as mentioned in these Measures means that during the assessment period, the state's owner's equity at the end of the period is equal to the state's owner's equity at the beginning of the period; the appreciation of state-owned assets means that during the assessment period, the state's owner's equity at the end of the period is greater than the state's owner's equity at the beginning of the period.

rights and interests.

Article 4 The assessment of the maintenance and appreciation of the state-owned assets of railway enterprises generally takes the annual assessment period as the assessment period, and is based on the value of owners' equity in the enterprise's financial report during the assessment period, without considering the impact of time value of money and price changes for the time being.

Article 5: The Ministry of Railways exercises supervision and management responsibilities over the state-owned assets of railway enterprises, and conducts assessments on the maintenance and appreciation of the state-owned assets of railway enterprises in accordance with relevant national regulations.

The State-owned Assets Management Office of the Ministry of Railways is specifically responsible for the administrative management of the assessment of value preservation and appreciation of state-owned assets.

Article 6 The assessment work of maintaining and increasing the value of state-owned assets of railway enterprises determines the assessment levels based on the financial affiliation (or investment relationship) of the enterprise: 1.

The Ministry of Railways, as the assessment body for the enterprises affiliated to the ministry, conducts an overall assessment of the preservation and appreciation of the value of all state-owned assets under the jurisdiction of the enterprises affiliated to the ministry, and approves and issues the assessment index values ??for the enterprises affiliated to the ministry.

2.

Ministry-affiliated enterprises shall assess the maintenance and appreciation of state-owned assets of their transportation, industrial ancillary, industry, supply and marketing, construction and multi-business enterprises. The enterprises affiliated to the ministry shall be the assessment subjects and an assessment system shall be established step by step in accordance with the provisions of these Measures.

3.

The assessment of state-owned asset preservation and appreciation of various corporate legal entities organized by ministry-affiliated public institutions shall be conducted by each ministry-affiliated public institution as the assessment subject, under the overall supervision of the Ministry of Railways, and in accordance with the provisions of these Measures and the summary assessment indicator values ??approved by the Ministry.

Article 7 The assessment indicators for the maintenance and appreciation of the value of railway state-owned assets are: The value maintenance and appreciation rate of state-owned assets at the end of the period =──────────×100%

%, to maintain or increase the value of state-owned assets.

The value of the value preservation and appreciation indicator actually completed by the enterprise during the assessment period should be equal to or greater than the indicator value approved and issued by the assessment department.

Article 8 The assessment value of the indicators for maintaining and increasing the value of state-owned assets of a railway enterprise shall be determined based on the enterprise's recent operating level and development forecast level, deducting the influence of objective factors, and based on the actual completion of the enterprise's main operating indicators in the previous two years and the assessment period issued to the enterprise in the current year.

The profit and loss indicators in the financial plan, etc., are specifically analyzed and determined in accordance with the provisions of these Measures.

For loss-making enterprises, the reasons should be analyzed in detail, and the value of the assessment index value of value preservation and appreciation can be temporarily determined by reducing the loss amount.

Article 9 The assessment value of the maintenance and appreciation of the state-owned assets of railway enterprises shall be declared, approved and issued according to the following procedures: 1.

The enterprise shall propose a declaration plan for the assessment value of the state-owned asset preservation and appreciation indicators and a specific implementation plan to meet the assessment standards, fill in the value preservation and appreciation assessment application form (issued separately), and submit it to the superior assessment department together with the necessary calculation basis and analysis and explanation materials.

2.

The assessment indicators for maintaining and increasing the value of state-owned assets of enterprises affiliated to the ministry shall be reviewed and summarized by the Ministry of Railways, and then issued after reporting to the State-owned Assets Administration and the Ministry of Finance for review and approval.

The assessment indicators of subordinate enterprises shall be approved and issued by the subordinate enterprises.

3.

The assessment indicators of various legal entities organized by the various public institutions under the Ministry shall be reviewed by the various public institutions under the Ministry and summarized and reported to the Ministry for approval before being issued.

Article 10 At the end of the assessment year, the enterprise shall inspect, analyze and summarize the actual implementation and results according to the approved value maintenance and appreciation assessment index values ??and specific implementation plans, prepare an analysis report on the status of state-owned assets maintenance and appreciation, and submit it to the superior together with the enterprise's financial report

Approved by the assessment department.

Among them, the assessment results of the subordinate enterprises of the ministry-affiliated public institutions shall be submitted to the Ministry for approval by submitting summary reports and handling opinions.

Article 11 The analysis report on the preservation and appreciation of state-owned assets shall include the following contents: 1.

After deducting the influence of objective factors from the owner's equity at the end of the assessment period, the company's state-owned assets' value preservation and appreciation indicators are completed and factor analysis is performed; 2.

Specific objective factors affect the adjustment of assessment index values; 3.

Other situations and issues that need explanation; 4.

Measures and suggestions to further maintain and increase the value of state-owned assets.