英科再生: 英科再生资源股份有限公司对外担保决策制度

Core Points - The company has established a decision-making system for external guarantees to regulate its guarantee behavior and mitigate financial risks [1] - The system applies to the company, its wholly-owned subsidiaries, and significant equity investees [1][2] - External guarantees must be approved by the board of directors or the shareholders' meeting, with specific thresholds for different types of guarantees [2][3] Group 1: General Principles - The company defines external guarantees as actions taken to provide security for debts owed by third parties, including guarantees, mortgages, and pledges [1] - All directors and senior management must carefully manage and control the risks associated with external guarantees [1] - The principles governing external guarantees include legality, prudence, mutual benefit, and safety [1] Group 2: Approval Authority - Any external guarantee must be approved by the board of directors or the shareholders' meeting [2] - Guarantees exceeding 50% of the latest audited net assets or 30% of total assets require shareholder approval [2] - Specific conditions, such as guarantees for entities with over 70% debt-to-asset ratio or single guarantees exceeding 10% of net assets, also necessitate shareholder approval [2] Group 3: Guarantee Procedures - The company must conduct a thorough review of the creditworthiness of the party requesting the guarantee [3][4] - The financial department is responsible for investigating and analyzing the financial status and operational conditions of the guaranteed party [4] - The board of directors must carefully evaluate the financial and operational status of the guaranteed party before making a decision [4] Group 4: Risk Management - The company must track and supervise the financial condition and debt repayment status of the guaranteed party during the guarantee period [6] - If the guaranteed party fails to fulfill its obligations, the company must initiate recovery procedures [6][7] - The company is required to disclose any guarantees and related information in accordance with legal and regulatory requirements [5][6]