上海凤凰: 上海凤凰对外提供财务资助管理制度

Core Viewpoint - The document outlines the financial assistance management system of Shanghai Phoenix Enterprise (Group) Co., Ltd., aiming to standardize the company's external financial assistance practices, clarify decision-making authority, and mitigate associated risks [1][2]. Group 1: General Principles - The purpose of the financial assistance management system is to regulate the company's external financial assistance behavior and ensure stable operations [1]. - Financial assistance includes monetary funds, physical assets, and intangible assets provided to external entities, including subsidiaries and associated companies [1]. Group 2: Financial Assistance Recipients - The company is prohibited from providing financial assistance to related parties as defined by the stock listing rules, with exceptions for non-controlling associated companies under certain conditions [2]. - Financial assistance to related parties must comply with relevant regulations and the company's related party transaction management system [2]. Group 3: Approval Authority and Procedures - Financial assistance requires approval from more than half of the board of directors and, if necessary, from the shareholders' meeting [3]. - Non-related directors must approve financial assistance matters, and if their number is insufficient, the matter must go directly to the shareholders' meeting [3]. Group 4: Risk Assessment and Disclosure - The board must evaluate the financial assistance's necessity, legality, fairness, and impact on shareholders, disclosing risks and the ability of the recipient to repay [4]. - Financial assistance exceeding 10% of the company's latest audited net assets or involving high debt ratios requires additional scrutiny and shareholder approval [4]. Group 5: Information Disclosure - The company must disclose financial assistance details, including agreements, board resolutions, and independent opinions, to the Shanghai Stock Exchange [5][6]. - Timely disclosure is required if the recipient fails to repay or faces financial difficulties [6]. Group 6: Implementation Procedures and Risk Control - The investment and asset management department is responsible for assessing the recipient's financial health and industry outlook before providing assistance [6]. - The compliance and risk control department oversees the legality and compliance of financial assistance [7].