Article 2 These Measures shall apply to all branches, subsidiaries and grass-roots enterprises of the Group Company (hereinafter referred to as enterprises).
Article 3 The term "loans" as mentioned in these Measures refers to long-term and short-term loans or entrusted loans borrowed by group companies from domestic and foreign financial institutions or government organizations. Generally divided into capital construction loans and working capital loans.
Infrastructure loans refer to loans for large and medium-sized infrastructure projects approved by the relevant state departments, loans for upper-limit technical transformation projects, and bonds-replacement liquidity loans, which refer to loans used to make up for the lack of liquidity in production and operation of enterprises.
Article 4 The loan budget mentioned in these Measures includes: loan purpose, amount, term, interest rate, repayment plan, source of repayment funds, choice of guarantee methods, etc.
Fifth loans must be based on the principle of "making full use of the credit advantages of enterprises, living within our means, strict control, overall management and standardized operation".
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The goal is to make full use of funds, reduce the cost of funds, improve the financial situation of enterprises and optimize the debt structure.