Guangbo(SZ:002103) Zheng Quan Zhi Xing·2025-08-22 16:16Core Viewpoint - The article outlines the external guarantee system of Guangbo Group Co., Ltd., aiming to protect investors' interests, regulate external guarantee behaviors, and control operational risks while promoting stable development of the company [2][3]. Summary by Sections General Principles - The external guarantee refers to the company providing guarantees, mortgages, pledges, or other forms of guarantees for third parties, including loan guarantees and bank guarantees [2]. - This system applies to the company and its wholly-owned and controlling subsidiaries [2]. - External guarantees must be uniformly managed and require approval from the board of directors or shareholders' meeting [3]. Risk Control and Management - The company must adhere to principles of legality, prudence, mutual benefit, and safety while strictly controlling guarantee risks [3]. - Necessary measures must be taken to verify the creditworthiness of the guaranteed party before providing guarantees [3]. - Independent directors are required to report on external guarantees in their annual reports [3]. Review of Guarantee Objects - The company can provide guarantees to entities with independent legal status that meet specific conditions, including strong debt repayment capabilities [4]. - The board of directors must analyze the credit status and risks associated with the guarantee before approval [4][5]. Approval Procedures - All external guarantees must be approved by the board of directors or shareholders' meeting [6]. - Guarantees exceeding certain thresholds, such as 10% of the latest audited net assets, require additional shareholder approval [6][7]. Execution of Guarantees - The company must manage guarantee contracts and related documents properly, ensuring timely checks and compliance with approval processes [10][11]. - If the guaranteed party fails to fulfill their obligations, the company must take necessary measures to minimize losses [11][12]. Information Disclosure - The company is obligated to disclose external guarantee information in accordance with relevant laws and regulations [12]. - All departments involved in external guarantees must report to the board secretary and provide necessary documentation for disclosure [12][13]. Responsibilities - The company must strictly follow the established system for external guarantees, and any violations by responsible parties will lead to appropriate penalties [13].