Yongjin Technology (SH:603995) Zheng Quan Zhi Xing·2025-09-01 16:18Core Viewpoint - The document outlines the external guarantee management measures of Yongjin Technology Group Co., Ltd., aiming to standardize guarantee behaviors, protect investors' rights, and ensure financial safety while minimizing operational risks [1]. Group 1: General Provisions - The purpose of the management measures is to regulate the company's external guarantee activities and safeguard investor interests [1]. - The term "subsidiary" refers to companies under the actual control of Yongjin Technology [2]. - Guarantees include various forms such as loan guarantees, bank acceptance bills, and commercial acceptance bills [1][2]. Group 2: Approval and Disclosure of Guarantees - Guarantees requiring shareholder approval must first be reviewed by the board of directors [2]. - Specific conditions necessitating shareholder approval include guarantees exceeding 10% of the latest audited net assets or total guarantees exceeding 50% of net assets [2]. - The company must disclose the total amount of external guarantees and their proportion to the latest audited net assets [5]. Group 3: Contract Review and Establishment - Guarantees must be formalized through a contract that complies with relevant laws and regulations [14]. - The signatory must hold the board or shareholder meeting's resolution regarding the guarantee [16]. - Contracts must be reviewed for unfavorable terms or unforeseen risks [18]. Group 4: Risk Management - The finance department is responsible for reviewing guarantee applications and managing the guarantee process [22]. - The company must take necessary measures to control risks if the guarantor's ability to repay is in doubt [31]. - The company should initiate recovery procedures if the guaranteed party fails to fulfill repayment obligations [29]. Group 5: Responsibilities of Related Personnel - Directors and relevant personnel who violate the established procedures may be held accountable for damages caused to the company [42]. - Personnel failing to perform their duties correctly, resulting in losses, may face penalties or disciplinary actions [44]. Group 6: Implementation and Amendments - The management measures take effect upon approval by the shareholders' meeting and will be amended as necessary [45]. - In case of conflicts with future laws or regulations, the latter will prevail [45].