Legal basis: Interim Measures for Financing Management of State-owned Enterprises
Article 3 Investment and financing mainly include:
(a) property acquisition, enterprise merger, joint venture;
(two) the establishment of the company, equity investment, capital increase and decrease;
(3) Investment in fixed assets;
(4) Raising funds by means of mortgage, pledge, lease and bond issuance. ;
(5) External guarantee.
Article 4 Enterprises shall strictly abide by relevant laws and regulations, follow scientific and democratic decision-making procedures, standardize feasibility studies and implement the accountability system. Investment and financing decisions should adhere to the principle of prudence and fully predict investment risks. In the feasibility study, the existence of uncertain factors should be judged negatively, and projects with significant uncertain factors should not be implemented in principle.