Core Points - The financing management system of Cyrus Medical Technology Group aims to standardize financing activities, enhance financial monitoring, reduce financing costs, and effectively prevent financial risks while protecting the rights of shareholders [1][2]. Group 1: General Principles - The financing activities are applicable to the company and its wholly-owned and controlling subsidiaries, with reference for joint ventures [1]. - The financing referred to in this system is limited to debt financing, excluding equity financing [1]. - Financing activities should align with the company's medium to long-term strategic development plan, considering factors such as capital structure, debt repayment capability, and long-term versus short-term benefits [1]. Group 2: Internal Control Objectives - The internal control objectives for financing activities include ensuring appropriate review before financing occurs, compliance with legal regulations, accurate interest and dividend payments, and reasonable confirmation of shareholder rights [2]. Group 3: Organization and Responsibilities - The company manager is responsible for overseeing financing management, including organizing the financing management system, planning, and supervising financing activities [3]. - The finance department conducts regular and irregular audits of financing activities [3]. - The management of subsidiaries is responsible for approving financing projects within the board's authorized scope [3]. Group 4: Financing Decision Management - Borrowing from banks must comply with relevant regulations, prioritizing the company's reputation and timely repayment to avoid penalties [3][4]. - Financing matters must be approved by the manager, board of directors, and shareholders based on the amount of financing relative to the company's audited net assets [5][6]. Group 5: Financing Process Management - Key financing processes include determining funding needs, preparing financing plans, selecting financing methods, signing contracts, and managing interest and dividend payments [6]. Group 6: Financing Result Evaluation - The finance department is responsible for evaluating financing results, ensuring legal authorization, compliance with regulations, and assessing the actual benefits and future impacts of financing [6].

Core Viewpoint - The financing management system of Anzheng Fashion Group Co., Ltd. aims to strengthen financing management, standardize financing behavior, reduce financing costs, and effectively prevent financial management risks [1][2]. Group 1: General Principles - The financing includes both equity financing and debt financing, with equity financing increasing equity capital and debt financing increasing liabilities [1]. - The company must draft financing plans based on financing goals and annual budgets, clearly defining the purpose, scale, structure, and methods of financing [1]. - Financing activities should align with the company's medium to long-term strategic development plan, balancing long-term and current interests, and considering the impact on capital structure and debt repayment capability [2]. Group 2: Decision-Making and Implementation - The company’s president, board of directors, and shareholders' meeting have decision-making authority over financing matters within their respective scopes [2]. - A written financing plan must detail the financing amount, reasons, methods, and uses of funds, as well as any guarantees provided [2][3]. - The approval process for loans or financing leases involves the finance management department's application, financial director's approval, and adherence to approval procedures [2][3]. Group 3: Approval Authority - The approval authority for financing applications varies based on the amount, with specific thresholds for board and shareholders' meeting approvals [2][3]. - The financing approval authority can be adjusted as needed based on business development, requiring application and approval [3]. Group 4: Fund Management and Usage - The company must use funds strictly according to the approved financing plan, prohibiting unauthorized changes to fund usage [4]. - Debt repayment management is crucial, with arrangements for timely payment of principal and interest based on financing agreements [5]. Group 5: Supervision and Accountability - The audit department is responsible for internal control supervision of financing activities, conducting regular audits to ensure compliance with the financing management system [6]. - Any violations or failures in duty by relevant personnel may result in economic penalties or administrative sanctions, and those causing damage to the company may be liable for compensation [7]. Group 6: Miscellaneous Provisions - Any matters not covered by this system will follow national laws and regulations, and the system will take effect upon approval by the board of directors [9].

Core Points - The document outlines the financing and guarantee management measures of Guorui Technology Co., Ltd, aiming to strengthen management, standardize behaviors, and prevent risks [1][2] - The financing includes equity financing and debt financing, with specific definitions and examples provided [1][2] - The management principles emphasize strategic service, legal compliance, risk control, and cost reduction [2] Financing and Guarantee Management - Financing includes equity financing (e.g., issuing stocks, convertible bonds) and debt financing (e.g., loans, bond issuance) [1][2] - Guarantees are provided for loans and bond issuance of subsidiaries and affiliates, including various forms such as guarantees, mortgages, and pledges [2] - The management follows principles of serving strategy, legal compliance, risk control, and cost efficiency [2] Responsibilities and Division of Labor - The finance department is responsible for managing debt financing and guarantees, including developing related systems and managing budgets [3][4] - The securities affairs department manages equity financing, including developing relevant systems and overseeing budget proposals [4] - The legal department reviews contracts and assesses legal risks associated with financing and guarantees [4] Financing and Guarantee Conditions - Financing entities must align with the company's strategic direction and have good financial health [5][6] - Financing should not lead to excessive costs or debt crises, and must comply with national policies and regulations [5][6] - The total guarantee amount should not exceed 40% of consolidated net assets, and individual guarantees should not exceed 50% of the unit's net assets [6] Budgeting for Financing and Guarantees - Financing budgets should be based on thorough analysis and include details such as financing needs and repayment measures [16][17] - Project financing budgets must consider feasibility, risks, and costs [17][18] - Guarantees should be managed in conjunction with debt financing activities, focusing on key elements like guarantee amounts and the financial status of the guaranteed entities [18] Execution of Financing and Guarantees - Financing and guarantee budgets must be approved by the board and shareholders before execution [22][23] - The finance department is responsible for drafting borrowing plans and managing contracts with financial institutions [25][26] - All financing activities must comply with internal control standards and be documented properly [28][29] Management and Supervision - The company must establish an internal control mechanism for financing and guarantees, including regular monitoring and reporting [43][44] - Any significant changes in the financial status of guaranteed entities must be reported promptly [45] - Internal audits will be conducted to ensure compliance with financing and guarantee management procedures [48][49]

Core Points - The financing management system aims to standardize the financing behavior of the company, strengthen control over financing activities, reduce financing costs, and effectively prevent financial risks [1][5] - The financing activities must align with the company's medium to long-term strategic development plan [1][3] - The company has established a unified management and hierarchical approval system for financing activities [2][3] Section Summaries General Principles - The financing activities include raising funds through issuing stocks, bonds, or bank loans to meet operational needs [1] - The internal control objectives for financing activities focus on ensuring compliance with relevant laws and regulations [1][5] Division of Responsibilities and Authorization - The general manager is responsible for approving financing projects within the board's authorized scope [2] - The securities department manages bond and stock issuance financing, while the finance department handles borrowing-related financing [2][3] Implementation and Execution - The finance department prepares the annual financing plan based on the budget, which includes financing amount, methods, structure, and feasibility analysis [2][3] - The securities department drafts the issuance plan for bonds or stocks, which requires board and shareholder approval [2][3] Supervision and Inspection - The audit department or relevant departments are responsible for supervising and inspecting the internal controls of financing activities [5] - Any identified weaknesses in internal controls must be addressed, and significant issues should be reported in writing to relevant leaders and departments [5]

Core Points - The financing management system of Beijing Cuiwei Building Co., Ltd. aims to strengthen financing management, standardize financing behavior, reduce financing costs, and effectively prevent financial management risks [1] - The financing activities include equity financing and debt financing, with specific definitions provided for each type [1] - Financing activities must align with the company's medium to long-term strategic development plan, adhering to principles such as compliance, scale matching, risk-reward balance, and reasonable capital structure [1] Chapter Summaries Chapter 1: General Principles - The financing management system is established based on relevant laws and regulations, including the Company Law and the Shanghai Stock Exchange Listing Rules [1] - Financing includes both equity financing (e.g., issuing stocks) and debt financing (e.g., loans, bond issuance) [1] - The company must draft financing plans that clearly outline the purpose, scale, structure, and methods of financing, along with cost and risk assessments [1] Chapter 2: Management Structure and Functions - Financing activities must follow legal and regulatory approval processes, with decisions made by the shareholders' meeting, board of directors, or authorized executives [2] - The financial management department is responsible for daily financing management, including planning, implementation, and evaluation of financing activities [2][3] - The board office oversees stock and bond issuance, coordinating feasibility studies and ensuring compliance with disclosure requirements [2] Chapter 3: Decision-Making and Implementation - The financial management department prepares financing budgets based on annual budgets and conducts scientific feasibility studies for financing plans [3] - The general manager's office reviews financing plans, and any plans exceeding authorized limits must be submitted to the board of directors for approval [3] - Debt financing implementation is managed by the financial management department, while stock and bond issuance requires approval from the board and shareholders [3][4] Chapter 4: Inspection and Supervision - The audit department conducts regular and ad-hoc audits of financing activities to ensure compliance with approval processes [5] - Any issues identified during audits must be reported for corrective action, and responsible parties may face legal consequences for violations [5][6] Chapter 5: Supplementary Provisions - In case of conflicts between this system and relevant laws or regulations, the latter will prevail [6] - The board of directors is responsible for the interpretation of this system [6]

Core Viewpoint - The document outlines the investment and financing management rules of Tiandi Source Co., Ltd, aiming to enhance corporate governance and ensure effective decision-making in investment, financing, and asset management [2][3]. Investment and Financing Principles - The company emphasizes lawful and standardized decision-making and implementation in its investment and financing activities [2]. - Investment activities include acquiring land use rights and real estate projects, while financing encompasses various methods of raising funds [2][3]. Decision-Making Authority and Procedures - Investment decision-making authority is primarily determined by the project investment amount [5]. - The decision-making process involves the board of directors or shareholders' meeting, depending on the investment's significance [5][6]. - Prior to making investment decisions, the president must conduct research on the project's profitability, development prospects, and legal risks, followed by a written report [5][6]. Land Use Rights and Project Acquisition - The company can estimate the total amount for land use rights to be acquired through bidding within the next 12 months and must follow disclosure and review procedures based on this estimate [7][8]. Equity Investment and Financial Management - Equity investments and entrusted financial management require shareholder approval if they meet specific thresholds related to total assets, net assets, or net profits [8][9]. - Investments below these thresholds can be approved by the board of directors [8][9]. Financing Decision Authority - Financing through new stock issuance, bonds, or other equity instruments requires approval from the board and shareholders [9][10]. - Borrowing or fundraising amounts reaching 50% of the company's audited total assets must be approved by the shareholders' meeting [9][10]. External Guarantees and Asset Management - Providing guarantees for other entities requires board or shareholder approval, with specific conditions outlined for such guarantees [10][11]. - Asset purchases and sales must also be approved by the board or shareholders, excluding routine operational transactions [11][12]. Financial Assistance Decision Authority - Financial assistance transactions require approval from a majority of the board and must be disclosed [12][13]. - Specific conditions apply for financial assistance to related parties, ensuring compliance with regulations [12][13].

Core Viewpoint - The financing management measures of Shanghai Qifan Cable Co., Ltd. aim to strengthen financing management, standardize financing behavior, effectively prevent related risks, ensure fund safety, and promote the company's healthy and stable development [1][2]. Chapter 1: General Principles - The financing activities of the company include various methods such as loans, bond issuance, asset securitization, equity financing, and more [1]. - Financing activities should consider the company's medium and long-term strategic development plan, ensuring operational needs, optimizing financing structure, utilizing preferential policies, and maintaining risk control [1]. Chapter 2: Organizational Structure and Management Responsibilities - The finance management department is responsible for implementing and tracking financing work, as well as managing and supervising the financing of subsidiaries [3]. - Financing activities must be approved by the finance management department and relevant company leaders before proceeding [3]. Chapter 3: Implementation and Execution of Financing Business - The finance management department must negotiate with financial institutions to determine financing plans that align with the company's strategic development and comply with relevant laws and regulations [4]. - Financing plans should clearly define financing methods, scales, purposes, terms, costs, and repayment sources [4]. Chapter 4: Post-Financing Management - The company must plan for the repayment of principal and interest in advance, ensuring compliance with financing contracts [5]. - The finance management department should maintain sufficient cash flow to ensure timely repayment of due principal and interest [5]. Chapter 5: Supervision and Inspection - The company and its subsidiaries should regularly check the execution of the financing management measures and address any identified weaknesses [6]. - Key inspection areas include compliance with responsibilities, authorized use of funds, and daily management of financing activities [6]. Chapter 6: Penalties - Non-compliance with the financing management measures may result in criticism or penalties for responsible individuals [7]. - Economic penalties may be imposed on personnel who neglect their duties, causing adverse effects or losses to the company [7]. Chapter 7: Supplementary Provisions - The financing management measures take effect upon approval by the company's board of directors, with the board also responsible for interpretation [7].

Core Points - The financing management measures aim to standardize the financing behavior of the company, strengthen control over financing activities, reduce financing costs, effectively manage financing risks, and protect the overall interests of the company [1][2][3] - The financing methods include equity financing and debt financing, with specific definitions and classifications for short-term and long-term debt financing [1][2][3] Financing Management and Decision-Making - The Board of Directors Office and the Financial Management Center are the main departments responsible for financing activities, with specific roles in evaluating and planning equity and debt financing [2][4] - A written financing plan must be prepared for equity financing, detailing the financing amount, reasons, financial status changes, future earnings impact, and comparisons of financing methods [4][5] - Decision-making authority for equity financing involves the Board of Directors Office and requires approval from the Board of Directors and shareholders [4][5] - For debt financing, different approval thresholds are set based on the amount, with specific limits for the General Manager, Chairman, and Board of Directors [5][6] Internal Financing Management - The Financial Management Center manages internal financing, ensuring that funds are used for the company's main business and not for external investments [8][9] - Internal financing requests must follow a structured approval process, with specific limits set for different levels of management [9][10] - Contracts for internal financing must clearly outline the terms, including usage, amount, duration, and responsibilities [10][11] Supervision and Inspection - The Audit Center conducts regular checks on financing activities, evaluating personnel, approval processes, legality, and effectiveness of financing plans [12][13] - The Audit Committee and independent directors oversee financing activities, ensuring compliance and addressing any violations [12][13] Additional Provisions - The management measures will be implemented after approval by the shareholders' meeting and can be modified as necessary [13]

Group 1 - The company held the 15th meeting of the 10th Supervisory Board on June 13, 2025, with all three supervisors participating in the voting, which complied with relevant regulations [2][4] - The Supervisory Board approved the financial write-off of asset losses, with a total original value of inventory and fixed assets amounting to 1,789,961.56 yuan and an estimated loss of 978,888.18 yuan, impacting the total profit for 2024 by 825,135.58 yuan [3][4] - The financial write-off will not affect the company's profit and loss for the year 2025, as the impact has already been accounted for in previous years [3] Group 2 - The company announced the proposed cancellation of its subsidiary, Guangxi Wuzhou Zhongheng Pharmaceutical (Hong Kong) Co., Ltd., during the 29th meeting of the 10th Board of Directors held on June 13, 2025 [7][12] - The reason for the cancellation is that the subsidiary has not engaged in substantial operations since its establishment, and the company aims to optimize its organizational structure and improve operational efficiency [8] - The cancellation will not involve personnel arrangements and is not expected to have a significant impact on the company's financial and operational status [9] Group 3 - The Board of Directors approved the establishment of the "Overseas Investment Management Measures" and the "Financing Guarantee Management Measures," as well as the revision of the "Financing Management System" [13][15][16] - All resolutions passed with unanimous support from the board members, indicating strong consensus on these governance measures [14][15]

Core Viewpoint - China National Materials International Engineering Co., Ltd. (中材国际) is actively managing its financing and debt structure through newly revised financing management measures and is preparing for significant shareholder meetings to discuss various financial guarantees and transactions [3][4][6]. Group 1: Trading Information - As of May 30, 2025, China National Materials International's stock closed at 9.02 yuan, down 1.2%, with a turnover rate of 0.67% and a trading volume of 151,700 shares, amounting to a transaction value of 137 million yuan [1]. - On the same day, the capital flow indicated a net outflow of 7.70 million yuan from main funds, while retail investors saw a net inflow of 4.14 million yuan [2][6]. Group 2: Company Announcements - The company released a revised financing management policy aimed at optimizing debt structure and reducing financing costs, applicable to all subsidiaries and requiring annual financing plans [3]. - The eighth board meeting approved several key proposals, including providing guarantees for associated companies and a 2025 internal borrowing plan of 1.35 billion yuan, which is subject to shareholder approval [4][5][6]. Group 3: Financial Guarantees and Transactions - The company plans to provide a guarantee of up to 35.33 million USD for QazCement Industries LLP, which is part of a larger investment in a cement production line in Kazakhstan [9]. - Additionally, the company will offer financial support and bank guarantees for its subsidiary in Brazil, with a total amount not exceeding 7.20 million USD [7][8].