Hotgen(SH:688068) Zheng Quan Zhi Xing·2025-06-17 10:29General Principles - The external guarantee management system of Beijing Hotgen Biotech Co., Ltd. aims to standardize external guarantee behavior, effectively control risks, and ensure asset safety for the company's stable development [1][2] - The system is established based on various laws and regulations, including the Company Law and Securities Law of the People's Republic of China [2] Basic Requirements - External guarantees must adhere to principles of legality, prudence, mutual benefit, and safety, with strict risk control [3] - Any external guarantee provided by the company must be approved by the board of directors or shareholders [3][6] Approval Procedures - The company can provide external guarantees to entities with independent legal status and sufficient repayment ability, including subsidiaries under actual control [4][5] - The approval process involves a thorough review of the financial status and creditworthiness of the guaranteed party [5][6] Contract Signing - All external guarantees must be formalized in written contracts that comply with relevant laws and regulations [8][9] - The contracts should clearly define the rights and obligations of both parties, including the type and amount of the principal debt [8][9] Management of Guarantees - The company’s board of directors, shareholders, and finance department are responsible for decision-making and management of guarantee activities [9][10] - Continuous monitoring of the guaranteed party's financial health and compliance with the guarantee contract is required [10][11] Responsibilities - The company must strictly follow the established system for providing guarantees, with accountability for any violations leading to losses [12][13] - Individuals who exceed their authority in signing guarantee contracts without proper approval may face legal consequences [12][13]