深圳华侨城股份修订融资担保管理制度，明确多项担保规则

Core Viewpoint - Shenzhen Overseas Chinese Town Holdings announced a revised Financing Guarantee Management System aimed at standardizing the company's financing guarantee behavior and enhancing management to prevent cross-transmission of debt risks [1][2] Group 1: Scope and Types of Guarantees - The new system applies to the company and its controlled subsidiaries, with reference to financing guarantees for equity investees [1] - Various forms of financing guarantees are included, such as general guarantees, joint liability guarantees, mortgages, pledges, and implicit guarantees, but do not cover temporary guarantees for mortgage loans provided by real estate companies to homebuyers [1] Group 2: Approval Process and Conditions - Detailed regulations on guarantee approval authority are established, requiring external guarantees to be within the annual guarantee matters approved by the shareholders' meeting, with excess amounts needing board approval [1] - Specific situations, such as a single guarantee exceeding 10% of the company's latest audited net assets, require board approval and subsequent submission to the shareholders' meeting, with a two-thirds majority vote needed for guarantees exceeding 30% of total audited assets in the last twelve months [1] - Guarantees must be approved by more than half of all directors and require a two-thirds majority of attending directors for resolution, with timely external disclosure [1] Group 3: Guarantee Objects and Responsibilities - Each level of enterprise can only guarantee subsidiaries or equity investees with ongoing operational and debt repayment capabilities, prohibiting guarantees for companies lacking such capabilities unless approved by the board or shareholders' meeting [2] - Guarantees must strictly follow shareholding ratios, and any necessary over-shareholding guarantees require approval and counter-guarantees from minority shareholders [2] - The board must understand the situation of the guaranteed party, while the finance department oversees the guarantee work, the legal compliance department handles legal risks, and the board secretary's office is responsible for information disclosure [2] Group 4: Management and Penalties - The system outlines processes for management, post-guarantee management, and penalties, requiring an assessment of the creditworthiness of the guaranteed party before applying for guarantees [2] - Changes to guarantee contract terms require re-approval, and guarantees must be terminated promptly upon expiration [2] - Enterprises must maintain a ledger, manage guarantees according to the "631" principle, monitor the guaranteed party's situation, and pursue timely recovery after fulfilling guarantee responsibilities [2] - Violations will lead to accountability and compensation requirements for responsible individuals [2]