Chapter 1 General Principles
Article 1
To legally regulate the financial assistance activities of Yunnan Energy Investment Co., Ltd. (hereinafter referred to as "the Company"), prevent financial risks, and ensure stable operations, these measures are formulated in accordance with the "Securities Law," "Management Measures for Information Disclosure of Listed Companies," "Shenzhen Stock Exchange Stock Listing Rules," and "Self-Regulatory Guidelines No. 1 for Listed Companies on the Main Board of Shenzhen Stock Exchange."
Article 2
The term "financial assistance" as used in these measures refers to the actions of the Company and its controlling subsidiaries providing funds, entrusted loans, etc., either for a fee or free of charge, except in the following cases: the recipient of the assistance is a controlling subsidiary within the scope of the Company's consolidated financial statements, holding more than 50% of the shares, and does not include the Company's controlling shareholder, actual controller, or their related parties among other shareholders. The Company and its controlling subsidiaries providing financial assistance to their controlling subsidiaries shall comply with the provisions of these measures. If the Company encounters any of the following situations, it shall execute according to these management measures: (1) Providing assistance in the form of physical assets, intangible assets, etc., outside the main business scope; (2) Incurring expenses on behalf of others; (3) Providing the right to use assets free of charge or charging fees significantly lower than the industry average; (4) Paying advance payments significantly higher than the industry average; (5) Other actions deemed as substantial financial assistance by the Shenzhen Stock Exchange.
Article 3
When providing financial assistance, the Company shall sign an agreement with the relevant parties, stipulating the conditions to be followed by the recipient, the amount of financial assistance, duration, liability for breach, etc. If the financial assistance funds are overdue and not recovered, the Company shall promptly disclose the reasons and whether feasible remedial measures have been taken, and fully explain the board's judgment on the recipient's debt repayment ability and the risk of recovering the financial assistance. The Company shall not provide additional financial assistance to the same recipient before recovering overdue financial assistance funds.
Chapter 2 Approval Authority and Procedures for Financial Assistance
Article 4
The provision of financial assistance by the Company must be reviewed by the board of directors or the shareholders' meeting and disclosed in a timely manner.
Article 5
When the board of directors reviews the provision of financial assistance, it must be approved by more than half of all directors present, and a resolution must be made with the consent of more than two-thirds of the attending directors, excluding related directors from voting; if the number of voting directors is less than three, it shall be submitted directly to the shareholders' meeting for review.