Government-controlled guarantee companies are companies controlled by local people's governments, limited liability companies and guarantee institutions. Among the registered capital, the state-owned assets investment and operation limited liability company holds 50% or more shares, and the rest shares absorb social funds. The company will provide credit guarantee services such as financing and performance guarantee for technology-intensive small and medium-sized enterprises that meet the development direction of national and local industries, have products, markets and development prospects, and are particularly conducive to technological progress and innovation. The company will adhere to the principle of "honesty, customer first and service first" to provide high-quality and efficient financing guarantee services for small and medium-sized enterprises and shareholder units.
The company is controlled by the government and adopts the guarantee mode of market operation, which improves the company's guarantee credit and opens up a realistic channel for the development of small and medium-sized enterprises. The company will give full play to the role of policy guarantee institutions to meet the financing needs of small and medium-sized enterprises and promote local economic development.