Shareholders guarantee their own companies.

Legal analysis: shareholders guarantee that the company is not illegal or illegal, but it is not recognized and meaningless. This is just a necessary insurance measure. Banks and other institutions do not recognize such guarantees. Generally, a completely unrelated third party is needed to become a real guarantee.

Legal basis: Article 16 of the Company Law of People's Republic of China (PRC) stipulates that if a company invests in other enterprises or provides guarantees for others, it shall be decided by the board of directors or the general meeting of shareholders in accordance with the provisions of the articles of association; Where the articles of association have limits on the total amount of investment or guarantee and the amount of single investment or guarantee, they shall not exceed the limits. Where a company provides a guarantee for the company's shareholders or actual controllers, it must be resolved by the shareholders' meeting or the shareholders' meeting.