Core Viewpoint - The document outlines the measures and regulations established by Guangzhou HuanTou Yongxing Group Co., Ltd. to prevent the misuse of funds by controlling shareholders, actual controllers, and related parties, ensuring compliance with relevant laws and regulations [2][3][4]. Group 1: General Principles - The purpose of the system is to standardize economic behaviors between the company and its controlling shareholders, actual controllers, and related parties, preventing fund occupation [2]. - The system applies to the company and its subsidiaries included in the consolidated financial statements regarding fund transactions with controlling shareholders, actual controllers, and related parties [2]. Group 2: Definition of Fund Occupation - Fund occupation includes both operational and non-operational fund occupation, with operational occupation arising from related transactions and non-operational occupation involving various payments and loans to controlling shareholders and related parties [2][3]. Group 3: Regulation of Fund Transactions - The company must prevent any direct or indirect occupation of funds, assets, and resources by controlling shareholders and related parties [3]. - All related transactions must adhere to principles of equality, voluntariness, equivalence, and compensation, with written agreements required [3][4]. Group 4: Prohibited Fund Provision Methods - The company is prohibited from providing funds to controlling shareholders and related parties through various means, including covering expenses, lending funds, or providing guarantees without real transaction backgrounds [4][5]. Group 5: Measures to Prevent Fund Occupation - The company must strengthen the regulation of related guarantees and ensure compliance with relevant regulations [4]. - Directors and senior management are required to diligently perform their duties to safeguard company assets and report any irregularities [5]. Group 6: Accountability and Penalties - The board must take effective measures against controlling shareholders and related parties that infringe on company assets or shareholder interests [5][6]. - Violations of the regulations by directors or senior management may result in warnings, dismissal, or even criminal liability depending on the severity of the actions [6]. Group 7: Miscellaneous - The system will be executed in accordance with national laws and regulations, and any conflicts with existing laws will defer to those laws [7]. - The board is responsible for the formulation, modification, and interpretation of this system, which takes effect upon approval by the shareholders' meeting [7].
永兴股份: 永兴股份防范控股股东、实际控制人及关联方占用资金制度