Fenglin Group(SH:601996) Zheng Quan Zhi Xing·2025-08-14 16:38Core Viewpoint - The external guarantee management measures of Guangxi Fenglin Wood Industry Group Co., Ltd. aim to protect investors' interests, regulate the company's external guarantee behavior, control asset operation risks, and promote healthy and stable development [1]. Group 1: General Provisions - The external guarantee refers to the company providing guarantees, mortgages, or pledges on behalf of others [1]. - The total amount of external guarantees includes guarantees provided by the company to its controlling subsidiaries [1]. Group 2: Guarantee Objects - The company can provide guarantees only to entities that meet specific credit conditions, including being a legally established enterprise, having repayment ability, good profitability, and no significant risks [4]. Group 3: Approval Authority - External guarantees must be reviewed by the board of directors or the shareholders' meeting, requiring a majority approval from all directors and two-thirds of attending directors [2]. - Certain guarantees exceeding specified thresholds must be submitted to the shareholders' meeting for approval [3]. Group 4: Internal Procedures - The company must verify the credit status of the guaranteed party before deciding to provide guarantees [10]. - The company should establish a management system for the custody and use of seals related to guarantee matters [5]. Group 5: Information Disclosure - The company must strictly adhere to information disclosure obligations regarding external guarantees, including timely disclosure of board or shareholder resolutions [8]. - If a guaranteed party fails to fulfill repayment obligations within 15 trading days after the due date, the company must disclose this information promptly [27]. Group 6: Other Provisions - The company and its controlling subsidiaries must follow relevant regulations when providing counter-guarantees [31]. - Any individual must not sign guarantee contracts without authorization, and any consequences arising from unauthorized actions will be borne by that individual [32].