Legal basis: Article 16 of the Company Law of People's Republic of China (PRC), where a company invests in other enterprises or provides guarantees for others, it shall be decided by the board of directors or the shareholders' meeting in accordance with the articles of association. Where the articles of association stipulate limits on the total investment or guarantee amount, individual investment or guarantee amount, it shall not exceed the prescribed 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.