2. When an enterprise issues other corporate bonds, it does not need the sponsor to sponsor.
3. The sponsor shall abide by the business rules and industry norms, be honest and trustworthy, be diligent and conscientious, carefully check the application documents and information disclosure materials of the issuer, and supervise the standardized operation of the issuer.
4. The qualifications of sponsors and their management measures shall be stipulated by the the State Council Securities Regulatory Authority.
Securities law:
Article 10 The public offering of securities must meet the conditions stipulated by laws and administrative regulations, and be reported to the securities regulatory authority of the State Council or the department authorized by the State Council for approval according to law; No unit or individual may publicly issue securities without approval according to law. In any of the following circumstances, it is a public offering of shares:
(1) Issuing securities to unspecified objects.
(2) More than 200 people have issued securities to specific objects.
(3) Other issuance acts as stipulated by laws and administrative regulations. Non-public issuance of securities shall not be carried out by advertising, public persuasion or disguised publicity.
Article 11 Where an issuer applies for public offering of shares, corporate bonds convertible into shares, adopts the underwriting method according to law, or publicly issues other securities that are subject to the sponsorship system as stipulated by laws and administrative regulations, it shall employ an institution with sponsorship qualification as a sponsor.