Legal basis: Regulations on Supervision and Administration of Financing Guarantee Companies
Article 2 The term "financing guarantee" as mentioned in these Regulations refers to the act that the guarantor provides guarantee for debt financing such as loans and bond issuance of the guaranteed; A financing guarantee company refers to a limited liability company or a joint stock limited company established according to law and engaged in financing guarantee business.
Article 3 When conducting business, a financing guarantee company shall abide by laws and regulations, operate prudently, be honest and trustworthy, and shall not harm the national interests, social public interests and the legitimate rights and interests of others.