LEO(SZ:002131) Zheng Quan Zhi Xing·2025-09-07 09:14Core Viewpoint - The document outlines the financial assistance management system of Leo Group Co., Ltd, aiming to regulate external financial assistance, mitigate financial risks, and ensure stable operations of the company [2][3]. Group 1: Definition and Scope - External financial assistance refers to the provision of funds, entrusted loans, expense coverage, or free asset usage rights by the company and its wholly-owned or controlling subsidiaries, with certain exceptions [2]. - Exceptions include financing activities that are part of the company's main business, assistance to subsidiaries where the company holds over 50% ownership, and other situations recognized by regulatory authorities [2][3]. Group 2: Approval Process - Financial assistance must be approved by the board of directors or shareholders, requiring a majority of directors present and a two-thirds majority for approval [4][5]. - Specific conditions necessitate further scrutiny, such as when the assisted entity has a debt ratio exceeding 70% or when the assistance amount exceeds 10% of the company's latest audited net assets [5][6]. Group 3: Risk Management and Disclosure - The company must conduct thorough risk assessments of the recipient's asset quality, operational status, industry outlook, and creditworthiness before providing assistance [6][7]. - Disclosure of financial assistance must occur within two trading days post-approval, detailing the nature of the assistance, recipient information, agreement terms, risk analysis, and board opinions [7][8]. Group 4: Accountability and Compliance - Company personnel must adhere strictly to laws, regulations, and internal policies regarding financial assistance, with penalties for violations including warnings, job termination, and liability for damages [8].