ROSHOW(SZ:002617) Zheng Quan Zhi Xing·2025-08-14 16:03General Principles - The company establishes a decision-making system for external guarantees to protect investors' rights and ensure financial safety, in accordance with relevant laws and regulations [1][2] - External guarantees are managed uniformly by the company, requiring board or shareholder approval for any guarantee contracts [2][3] Types of Guarantees - Guarantees include various forms such as loan guarantees, bank acceptance bills, and commercial acceptance bills [2] - The company requires counterparties to provide counter-guarantees, which can include mortgages or pledges [3] Approval and Disclosure - The financial department is responsible for managing guarantee contracts, requiring applications and documentation from the parties seeking guarantees [4][5] - Guarantees exceeding certain thresholds, such as 10% of the latest audited net assets, must be approved by the board and shareholders [5][6] Risk Management - The company must continuously monitor the financial status and repayment ability of the guaranteed parties, taking action if significant deterioration occurs [8][11] - In cases of default or bankruptcy of the guaranteed party, the company must initiate recovery procedures and inform the board [11][12] Contractual Obligations - Guarantee contracts must clearly outline the principal debt, obligations, and rights of all parties involved [9][10] - Any modifications or extensions to guarantee contracts must follow the original approval process [10][11] Responsibilities and Compliance - The board is responsible for regularly reviewing the company's guarantee activities and addressing any violations promptly [14] - Individuals who violate laws or company policies regarding guarantees may face disciplinary actions [14]