HJT(SH:603577) Zheng Quan Zhi Xing·2025-08-22 08:12General Principles - The company establishes an external guarantee management system to regulate its external guarantee behavior, protect investors' rights, and enhance risk and credit management [1] - External guarantees refer to the company providing guarantees for debts owed by third parties, including guarantees for its controlling subsidiaries [1] Approval and Risk Control - The company’s controlling subsidiaries are generally prohibited from providing external guarantees unless approved by their governing bodies and reported to the company's finance department [1] - External guarantees must adhere to principles of legality, prudence, and safety, with strict risk control measures in place [1] - Guarantees exceeding 10% of the company's latest audited net assets require shareholder meeting approval, while other guarantees need board approval [1][6] Documentation and Evaluation - Guarantee applicants must provide comprehensive documentation, including financial reports and credit assessments, for the company to evaluate their financial status and repayment ability [11] - The company may hire external professionals to assess risks associated with external guarantees before board or shareholder decisions [6][11] Contract Management - All external guarantees must be documented in written contracts, which should include essential terms such as the type and amount of the guaranteed debt, duration, and liability for breach [26][30] - The company must manage guarantee contracts and related documents diligently, ensuring timely updates and compliance with legal requirements [14] Information Disclosure - The company is required to disclose the total amount of external guarantees and their proportion relative to the latest audited net assets [34] - Timely disclosure is mandated in cases where the guaranteed party fails to meet repayment obligations or faces bankruptcy [35]