Chapter 1 General Provisions
Article 1 To regulate the external guarantee activities of Sichuan Haite High-Tech Co., Ltd. (hereinafter referred to as the "Company"), effectively prevent risks associated with external guarantees, ensure the safety of the Company's assets, and protect the legitimate rights and interests of shareholders and other stakeholders, this System is formulated in accordance with the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China," "Supervision Guidance No. 8 for Listed Companies – Regulatory Requirements for Fund Transfers and External Guarantees by Listed Companies," the "Stock Listing Rules of the Shenzhen Stock Exchange" (hereinafter referred to as the "Stock Listing Rules"), the "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guidelines No. 1 – Operational Norms for Main Board Listed Companies," and other laws, administrative regulations, normative documents, and the "Articles of Association," combined with the Company's actual situation.
Article 2 External guarantee as referred to in this System means a guarantee provided by the Company for others, including guarantees provided by the Company for its holding subsidiaries.
Article 3 A holding subsidiary as referred to in this System means a wholly-owned subsidiary established by the Company's investment, a subsidiary in which the Company holds more than 50% of the equity, and a non-wholly-owned subsidiary over which the Company has actual control.
Article 4 If a holding subsidiary of the Company provides a guarantee to an entity outside the scope of the Company's consolidated financial statements, it shall be deemed as the Company providing an external guarantee and shall be handled in accordance with this System.
If a holding subsidiary provides a guarantee to a legal person or other organization within the scope of the Company's consolidated financial statements, the Company shall disclose it in a timely manner after the holding subsidiary completes the deliberation procedures, except for guarantee matters that need to be submitted for deliberation by the Company's shareholders' meeting according to relevant regulations.
Article 5 The Company and its holding subsidiaries shall perform counter-guarantee obligations in accordance with the relevant provisions of this System, fulfilling the corresponding deliberation procedures and information disclosure obligations based on the amount of the counter-guarantee provided, except for counter-guarantees provided by the Company and its holding subsidiaries for guarantees based on their own debts.
Article 6 External guarantees of the Company shall be managed uniformly. Without the approval and authorization of the Company's Board of Directors or Shareholders' Meeting, no person shall sign any contract, agreement, or other similar legal document for external guarantees in the name of the Company.
The directors and senior management personnel of the Company shall prudently handle and strictly control the debt risks arising from guarantees, and shall bear joint and several liability for losses arising from non-compliant or inappropriate external guarantees according to law.
Article 7 External guarantees of the Company shall adhere to the principles of equality, voluntariness, fairness, good faith, and mutual benefit, and shall strictly control guarantee risks.
Article 8 When the Company provides a guarantee for a holding subsidiary or a non-wholly-owned subsidiary, the other shareholders of such holding subsidiary or non-wholly-owned subsidiary shall provide equivalent guarantees or other risk control measures according to their capital contribution ratio. If such shareholder fails to provide equivalent guarantees or other risk control measures according to their capital contribution ratio, the Company's Board of Directors shall disclose the main reasons and, based on the analysis of the guaranteed object's operating conditions and solvency, fully explain whether the risk of such guarantee is controllable and whether it harms the Company's interests.
Article 9 When the Company provides a guarantee for others, it shall take necessary measures such as counter-guarantees to prevent risks. The provider of the counter-guarantee shall have actual repayment capacity.