浙江方正电机规范对外担保，明确额度与审批流程

Core Viewpoint - Zhejiang Fangzheng Electric Co., Ltd. has established a "External Guarantee Management System" to regulate external guarantee management and control guarantee risks [1][2] Group 1: External Guarantee Management System - The system applies to the company and its wholly-owned and holding subsidiaries, specifying regulations on guarantee objects, review and approval, amount authority, contract signing, risk management, information disclosure, and responsibilities [1] - The company can provide guarantees for units with independent legal status and strong debt repayment ability, subject to specific conditions [1] - Prior to making a guarantee decision, the company must assess the credit status of the guaranteed party, including basic enterprise information, financial reports, and repayment capacity [1] Group 2: Approval and Oversight - The application for guarantees must be investigated by the responsible person, who confirms the authenticity of the information before submitting it to the finance department for review and approval by the leadership [1] - The board of directors will review the application, and guarantees will not be provided if there are discrepancies such as misallocation of funds or false information [1] - Certain external guarantees require board approval and must be submitted to the shareholders' meeting if they exceed 50% of the latest audited net assets or 30% of total assets [1] Group 3: Contract Signing and Risk Management - Guarantee contracts must be signed by the chairman or authorized representative, adhering to relevant resolutions and authorization documents, without exceeding authority limits [2] - The finance department is responsible for the registration and cancellation of guarantee contracts, and the responsible person must monitor the guaranteed party's situation and report potential risks [2] - In cases of debt default or bankruptcy of the guaranteed party, the company must promptly understand the situation and initiate counter-guarantee recovery procedures [2] Group 4: Information Disclosure and Accountability - The company and its subsidiaries are required to fulfill information disclosure obligations regarding external guarantees, with responsible persons facing consequences for violations [2] - The system will be implemented after being approved by the company's shareholders' meeting [2]