1. The financing guarantee shall be based on the operating principles of safety, liquidity and profitability, and a sustainable and prudent market-oriented operation mode shall be established.
2. Pre-administrative licensing shall be implemented for the market access and business scope of financing guarantees and their branches, and a license management system shall be implemented.
3. Prudent supervision shall be carried out on the capital, magnification, provision, governance, internal control, risk concentration, related party transactions, information disclosure, and qualification management of senior executives and employees of financing guarantee institutions. According to the principle of "who approves the establishment, who is responsible for supervision", according to the relevant national laws and policies, the corresponding departments are determined to be responsible for the approval, closure and daily supervision of the establishment of financing guarantee institutions in this region.
Legal basis: Article 16 of the Company Law of People's Republic of China (PRC) stipulates that if 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 provisions of the articles of association; Where the articles of association stipulate limits on the total amount of investment or guarantee and the amount of individual investment or guarantee, 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. Shareholders specified in the preceding paragraph or shareholders controlled by actual controllers specified in the preceding paragraph shall not participate in voting on matters specified in the preceding paragraph. The voting shall be passed by more than half of the voting rights held by other shareholders present at the meeting.