I want a copy of the financial management system and daily accounting treatment of the real estate agent.

Financial Management System of Poly Real Estate (Group) Co., Ltd.

Chapter I General Principles

Article 1 In order to strengthen the company's financial management, standardize the company's financial behavior, and safeguard shareholders' rights and interests, this financial management system is formulated in accordance with relevant national laws and regulations and the company's articles of association, combined with the actual situation of the company.

Article 2 Unless otherwise specified, the term "company" as mentioned in this system includes the holding subsidiaries at the same level and at all levels of the joint-stock company and other entities included in the consolidated accounting statements of the joint-stock company. The holding subsidiaries and other entities included in the consolidated accounting statements are collectively referred to as "subsidiaries", and other companies or entities that hold equity or similar interests but do not meet the control conditions are collectively referred to as "shareholding companies".

Article 3 This system is the basic system of the company's financial management, which is uniformly implemented within the company, and all participating companies refer to it. The financial management departments of the company and its subsidiaries shall establish and improve various financial basic work systems according to this system, relevant national laws, regulations and standards and the actual situation of the unit.

Article 4 The financial behavior and financial management of the company and its subsidiaries at the same level must abide by the relevant laws and regulations of the state and accept the inspection and supervision of the relevant competent departments, the company's board of supervisors and the audit department.

Chapter II Financial Management System

Article 5 The company's financial management follows the principle of unified management and graded responsibility. On the basis of unified management and guidance of the internal financial work of the joint-stock company in accordance with the provisions of this system, all levels and posts in the financial management system shall perform their financial management duties and assume corresponding responsibilities according to their respective responsibilities and authorities.

Article 6 The legal representative of each company is the ultimate person in charge of the company's financial management, and is responsible for the authenticity, legality and completeness of the financial accounting data of the company, and is ultimately responsible for the company's financial management in accordance with the provisions of relevant laws and regulations.

Article 7 The following major financial matters of the company shall be reviewed and approved by the shareholders' meeting of the joint-stock company according to the prescribed procedures:

(1) To decide on the company's investment plan.

(2) To approve the annual financial budget and final accounts of the company.

(3) Approve the company's profit distribution plan and loss recovery plan.

(4) The joint-stock company increases or decreases its registered capital.

(5) Issuing corporate bonds.

(6) Merger, division, dissolution, liquidation or change of corporate form of the company.

(7) Hiring or dismissing an accounting firm.

(8) Major asset purchases and sales that meet the prescribed conditions and need to be considered by the shareholders' meeting.

(9) Cross-related transactions that meet the prescribed conditions and need to be voted by the shareholders' meeting.

(10) Guarantee acts that the shareholders' meeting considers to meet the requirements of the specified conditions.

(eleven) change the use of funds raised.

(12) Other financial matters that need to be reviewed and approved by the shareholders' meeting according to laws, regulations and the Articles of Association.

Article 8 The following major financial matters of the company shall be reviewed and approved by the board of directors of the joint-stock company, and the financial matters related to the authority of the shareholders' meeting shall be reported to the shareholders' meeting for review and approval after being reviewed and approved by the board of directors:

(1) To decide on the company's business plan and investment plan.

(2) To formulate the company's annual financial budget and final accounts.

(3) Formulate the company's profit distribution plan and loss compensation plan.

(4) To formulate plans for the company to increase or decrease its registered capital, issue bonds or other securities and go public.

(5) To draw up plans for the company's major acquisition, acquisition of shares of the company or merger, division, dissolution and change of corporate form.

(VI) Deciding that it is necessary for the board of directors to consider the investment in real estate projects, equity investment, asset disposal, signing of major contracts, external guarantees, venture capital and other matters that meet the prescribed conditions.

(7) Related party transactions that meet the prescribed conditions and need to be reviewed by the board of directors.

(8) Submitting for hiring or dismissing an accounting firm to audit the company.

(9) To formulate or modify the financial management system and the company's major accounting policies, and to examine and approve the financial reports disclosed by the company.

(X) Other financial matters that need to be reviewed and approved by the board of directors according to laws, regulations, the Articles of Association and this financial management system.

Article 9 The responsibilities and powers of the shareholders' meeting and the board of directors of each subsidiary in financial management shall be stipulated in the company's articles of association, but they must comply with the Company Law and other relevant laws and regulations and the company's relevant systems. Where the finance of each subsidiary involves the authority of the shareholders' meeting and the board of directors of the joint-stock company, it must be reported to the shareholders' meeting and the board of directors of the joint-stock company for deliberation and voting in accordance with the prescribed procedures in addition to the signature approval procedures required by the subordinate unit.

Article 10 General managers of companies at all levels are fully responsible for the daily financial management of the company, report financial work to the board of directors of the company, submit plans for important financial matters such as annual budget and final accounts and business plans, organize the implementation of relevant financial resolutions of the board of directors, and improve various financial systems.

Article 11 Companies at all levels shall, in principle, set up the post of chief financial officer, who shall be appointed and removed according to the company's personnel system. The chief financial officer is the person in charge of the company's finance, who is specifically responsible for the daily financial management of the company, and is responsible to the general manager of the company and reports his work. If a subsidiary fails to set up a chief financial officer due to management needs or other reasons, the financial manager shall perform the duties on its behalf.

Article 12 The company implements the appointment system of the chief financial officer. In principle, the chief financial officer of each tier-one subsidiary is appointed by the joint-stock company, and the business is managed by the financial management department of the joint-stock company. The appointed chief financial officer shall be appointed after the company has fulfilled the voting procedure of the board of directors.

Subsidiaries invested and established by subsidiaries can directly appoint financial directors and report to the financial management department and personnel department of the joint-stock company for the record.

Article 13 The main responsibilities and authorities of the company's financial directors at all levels include:

(1) Supervise and approve the financial revenue and expenditure behavior of the company according to the national financial regulations and the company system, and have the right to stop and correct acts that violate the national financial regulations and the company's financial management system and other acts that may harm the company's economic interests. If the stop is ineffective, have the right to request the company to handle it according to the regulations.

(II) Responsible for organizing the accounting of the unit, submitting financial accounting statements and various financial management statements in accordance with the unified requirements of financial regulations and the company, taking direct management responsibility for the standardization of basic financial accounting work, the authenticity and legality of accounting information and accounting materials, and taking responsibility for correcting accounting matters that do not conform to the accounting system and relevant company systems.

(III) Organizing the preparation of financial budgets and various draft financial revenue and expenditure plans, specifically organizing the implementation and supervising the implementation of relevant financial budgets, plans and plans formulated by the Company, and having the right to correct economic matters deviating from the budgets, plans and established plans or require the Company to handle them according to regulations. Complete the company's financial forecast and financial analysis regularly.

(4) Responsible for raising, recovering and managing the company's funds, ensuring the safety of funds, ensuring the fund demand of the company's project development and daily operation and management, effectively reducing the cost of funds and improving the efficiency of fund use.

(5) Be responsible for the management of the company's assets, ensure the safety and integrity of the company's assets, promote the preservation and appreciation of assets, have the right to stop the infringement of the company's assets, and require the company to handle it according to regulations.

(VI) Participate in the discussion and research on major economic issues such as the company's business plan and project investment, signing of important economic contracts, asset purchase and reorganization, and provide financial basis and professional advice for the company's major economic decisions.

(seven) responsible for the tax work of the unit, establish a good tax relationship with the tax authorities, and declare and pay all taxes and fees in full and on time in accordance with the provisions of national tax laws and regulations; Do a good job in tax planning of various development projects and legally reduce the tax cost of projects.

(eight) specifically responsible for the establishment and improvement of various financial basic work systems, take effective measures to ensure the effective implementation of various financial systems, and improve the standardization level of financial work.

(nine) responsible for the management of the financial department and financial personnel, regular assessment of financial personnel, according to the actual situation, put forward a reasonable financial personnel allocation plan, support financial personnel to perform their duties according to law.

(10) Manage and supervise the financial management of subordinate subsidiaries, and accept and cooperate with the internal audit of superior companies and the inspection and supervision of relevant competent departments.

(eleven) according to the provisions of the company system, perform other duties related to financial management.

Article 14 Each company shall set up a financial department with full-time financial personnel. The financial department works under the leadership of the financial controller, specifically responsible for the implementation of financial accounting and various financial management work, and assists the financial controller to complete financial responsibilities.

Fifteenth financial personnel should have good moral character, professional knowledge and work experience suitable for their positions. In principle, personnel with bad records such as violating financial laws and regulations shall not be employed as the company's financial personnel.

Sixteenth financial departments at all levels should improve the post setting, improve the internal control system, and strictly implement the principle of separation of incompatible posts.

Seventeenth financial personnel must hold certificates and engage in financial work according to law.

Eighteenth financial personnel due to various reasons, job changes, must be in accordance with the handover regulations, the transfer of all financial information and other business information. Those who have not gone through the handover procedures shall not go through the procedures of job transfer, transfer or resignation.

Chapter III Financial Accounting Management

Article 19 The company implements a unified accounting policy. Companies at all levels uniformly implement the accounting laws and regulations formulated by the state, accounting standards, accounting policies and accounting estimates formulated by the company, and conduct accounting and prepare financial and accounting reports according to the unified caliber. Accounting policies, accounting estimates, specific accounting methods and financial reporting methods must comply with the provisions of accounting laws, regulations and accounting standards.

Twentieth companies at all levels should independently establish accounts and independently calculate profits and losses. Units that do not have the qualification of an independent legal person but meet the requirements for the qualification of accounting subjects may also set up accounts independently.

Article 21 The financial management department of the company and its subsidiaries shall, in accordance with relevant national laws, regulations and standards and in combination with the actual situation of the unit, establish and improve the management system of basic financial accounting work, strengthen the standardized management of basic financial accounting work, and comprehensively improve the efficiency and quality of financial accounting work. Specific accounting methods and daily financial accounting management requirements are regulated by the internal financial accounting management system formulated by the company's financial management department and its subsidiaries.

Article 22 Each company shall establish and improve the management system of financial accounting materials and accounting files, ensure the safety and integrity of financial accounting materials and accounting files, and properly keep financial accounting files in strict accordance with the time limit prescribed by the state.

Article 23 Companies at all levels shall prepare and submit financial and accounting reports according to the time and format requirements stipulated by the relevant competent departments of the state, and all subsidiaries must submit financial and accounting reports on time according to the requirements of joint-stock companies. The financial and accounting reports of each company shall be compiled according to the true transactions, events and complete and accurate account books, and shall be signed and sealed by the person in charge of the accounting institution (accounting supervisor), the person in charge of accounting work and the person in charge of the enterprise of the unit, and each signatory and seal shall be responsible for the legality, authenticity and integrity of accounting information in the financial and accounting reports within their respective responsibilities.

Article 24 The financial accounting report officially disclosed by the company shall be reviewed and approved by the board of directors of the joint-stock company. Except for normal external disclosure channels, no one may disclose the company's financial accounting information and related business information in advance, and shall not explain the disclosed financial accounting information and related business information without authorization.

Article 25 If the company's financial and accounting reports need to be audited according to regulations, they shall be audited by an accounting firm hired with the approval of the board of directors of the joint-stock company, and the audit results shall be submitted to the board of directors for deliberation.

Chapter VI Financial Budget Management

Article 26 The Company implements the budget management system, and strictly controls the costs and expenses of each company through the preparation, approval and implementation of the financial budget, so as to ensure that all business plans and financial objectives are realized on schedule. The implementation of financial budget is an important basis for the performance evaluation of each subsidiary.

Article 27 The principle of unified organization and step-by-step implementation shall be followed in the preparation of financial budgets. Each company shall prepare and report the financial budget according to the unified content, format and time node of the joint-stock company. Every year, each company shall set up a budget preparation management organization under the leadership of the general manager, coordinate and organize the budget preparation of various business departments and subordinate units, and complete the preparation of the company's financial budget for the next year on time.

Article 28 The preparation of financial budget should be based on the principle of seeking truth from facts, starting from the actual situation of the unit, which is not only in line with the requirements of the company's overall development plan and budget objectives, but also in line with the company's actual situation and is feasible. The financial budget prepared by each company shall be submitted to the board of directors of the company for approval.

Article 29 The financial budget shall be implemented after being approved by the board of directors. Each company should break down all budget indicators to all levels and departments, define the person responsible for budget implementation, and take effective measures to ensure budget implementation.

Article 30 In the process of budget implementation, if the actual situation deviates or will obviously deviate from the budget due to changes in the objective environment, business plan, project development and sales progress, all companies shall promptly put forward suggestions for revision of the financial budget, and make revisions after approval according to regulations.

Chapter V Investment Management

Article 31 The company implements a unified investment management system, and the real estate project investment, equity investment, entrusted wealth management and venture capital of companies at all levels are uniformly examined and approved by the shareholders' meeting and the board of directors of the joint-stock company according to their respective authorities.

Article 32 The company's investment shall conform to the provisions of national laws and regulations and national industrial policies, the requirements of the company's development strategy and existing conditions, the principle of cost-effectiveness, and be conducive to improving economic benefits.

Article 33 The board of directors of a joint-stock company has the right to approve investment in real estate projects within 50% of the company's recently audited total assets, equity investment within 30% of the company's recently audited total assets and venture investment (investment in futures and other derivative financial instruments) not exceeding 50 million yuan. Investments exceeding the above criteria need to be approved by the shareholders' meeting.

Article 34 In order to control investment risks and ensure the economic benefits of investment projects, the management team of relevant companies should fully study and demonstrate the feasibility of the proposed investment projects, and submit the feasibility report to the board of directors or shareholders' meeting for project establishment, deliberation and decision-making. Relevant experts and professionals shall be organized to review major investment projects. The specific investment decision-making procedures are stipulated by the company's relevant management system.

Article 35 For the approved investment projects, the relevant companies shall organize the implementation in time, implement the project investment node plan in strict accordance with the feasibility study report, investment implementation plan and the approval opinions of the shareholders' meeting and the board of directors, strengthen the project development management, and take effective measures to strictly control the cost to ensure the expected economic benefits are realized as scheduled.

Thirty-sixth after the completion of the project investment, the specific implementation of the investment company shall make a post-evaluation of the economic benefits of the project.

Article 37 When a company makes equity investment or obtains control rights of other companies through mergers and acquisitions, capital injection, etc. Conduct due diligence on the target enterprise, hire an intermediary to conduct audit and evaluation, and take the value after audit and evaluation as a pricing reference.

Go on.

Chapter IV Asset Management

Article 38 Monetary funds, receivables and prepayments, long-term equity investments and intangible assets shall be managed by the Finance Department, transactional financial assets by the Securities Investment Department, productive fixed assets by the Production Management Department, unproductive fixed assets by the Office, undeveloped land by the Development Department, projects under construction and engineering equipment and materials by the Engineering Department, and completed and leased properties by the Customer Service Department. All assets shall be uniformly accounted by the financial department of the affiliated company, and financial departments at all levels shall perform accounting supervision duties on asset management. Where the daily management of assets involves other departments, the relevant departments shall cooperate.

Article 39 The purchase and sale of major assets exceeding 30% of the company's latest audited total assets within one year shall be reviewed and approved by the shareholders' meeting, and the disposal of assets within 30% of the latest audited net assets shall be reviewed and approved by the board of directors.

Article 40 Companies at all levels shall establish and improve asset management measures, standardize asset management behaviors, manage and operate company assets according to law, ensure the safety and integrity of company assets, and promote the preservation and appreciation of assets.

Section 1 Fund Management

Article 41 A company may raise funds for project development, expansion, production and operation through capital increase and share expansion, corporate bonds, bank loans, issuance of trust funds, cooperative development, introduction of real estate investment funds, equal investment by minority shareholders, acceptance of funds provided by other units, bill discount, and sales rebate. , and go through the formalities of examination and approval and filing with the chairman, the board of directors and the shareholders' meeting respectively according to the prescribed authority. Fund raising should be carried out according to the actual fund demand of project development, expansion and production and operation, try to avoid idle funds and strictly control the cost of funds and financial risks.

Subordinate units without legal person status cannot directly raise equity and debt.

Article 42 A unified management system shall be implemented for the company's funds, and the company's funds at all levels shall be uniformly dispatched and used by the joint-stock company. At the end of each year, a joint-stock company shall, according to the overall development plan and business plan for the next year, prepare the company's overall capital budget for the next year, put forward a feasible plan for the overall capital demand and capital guarantee plan, and report it to the board of directors for approval before implementation. Each subsidiary should also formulate its own capital budget according to its own actual situation, which should be consistent with the company's overall capital budget.

Article 43 After the capital budget is approved, companies at all levels shall strictly implement it, carefully organize its implementation, and make plans for raising and using funds.

Article 44 All the company's funds must be included in the statutory accounting books, and it is strictly forbidden to receive and pay, to circulate outside the accounts and to set up a "small treasury" in violation of regulations. Companies at all levels should establish and implement a strict basic fund management system to ensure the safety and normal turnover of funds, ensure the timely recovery of funds receivable and improve the efficiency of fund use.

Article 45 The accountants and cashiers of companies at all levels cannot be held by the same person, and the seals required for issuing bank checks must be kept by two or more people respectively. The bank cheque seal keeper shall not stamp a blank or incomplete cheque.

Forty-sixth companies at all levels should formulate clear authority and procedures for examination and approval of capital payment according to their actual conditions, and all capital payments must be examined and approved in strict accordance with the prescribed authority and procedures. Cashiers are not allowed to pay for funds that are not approved by the prescribed procedures or exceed their authority, and other financial personnel are not allowed to handle related financial matters. The application for payment shall submit relevant supporting materials.

Forty-seventh all funds must be paid in accordance with valid contracts, legal vouchers and complete procedures, and legal and valid bills must be obtained to prevent funds from being obtained by white paper or irregular vouchers and bills. If it is temporarily impossible to obtain legal and valid bills due to special reasons, the corresponding ledger records shall be made, and the person responsible for collection and the collection period shall be clearly defined. If tax problems or other adverse effects are brought to the company due to the failure to collect in time, the responsible person shall be investigated for responsibility.

Article 48 In principle, company funds at all levels shall not be lent to other units or individuals, except that joint-stock companies allocate funds uniformly according to regulations, subsidiaries allocate funds to subordinate companies, and employees borrow money for normal business. If necessary, it must be approved by the board of directors of the company. The loan and use of funds should follow the principle of equivalent compensation to ensure safe recovery.

If an employee needs to borrow money in advance for handling business, he/she must go through the loan formalities within the scope of authorization according to the regulations, and reimburse and write off the loan or refund the loan in time after the relevant business is completed.

Company funds shall not be lent to shareholders, actual controllers and their related parties of a joint-stock company.

Article 49 Without the approval of the board of directors of a joint-stock company within the scope of its authorization, the funds of companies at all levels shall not be invested in the securities market to engage in securities trading activities, nor shall they engage in any other form of entrusted wealth management or venture capital activities.

Article 50 The financial management departments of companies and subsidiaries at the same level shall strengthen the management and supervision of cash, use cash within the prescribed scope, and ensure the safety of cash on hand. The financial department should establish a cash quota system, and the cash exceeding the quota should be deposited in the bank in time.

Article 51 All bank accounts of companies at all levels must be managed by the financial department of the company to which they belong, and no other department may open bank accounts in any name.

Bank accounts must be opened in the name of the unit, and may not be opened in the name of other units or individuals in violation of regulations. It is strictly forbidden to keep, rent or lend public funds to bank accounts.

The financial departments of companies at all levels should regularly clean up bank accounts, and cancel bank accounts that have not been used for a long time and are not needed in time.

Fifty-second fund receipts and payments must be recorded in a timely manner, so as to achieve daily settlement. Accounting personnel in the financial departments of companies at all levels shall prepare bank statements on a monthly basis and count cash to ensure that the accounts are consistent with the facts. If the accounts are inconsistent with the facts, it is necessary to find out the reasons in time, distinguish the responsibilities, and correct or investigate the responsibilities of the relevant personnel in time.

Section 2 Management of Receivables and Prepayments

Article 53 Each company shall establish and improve the management system of receivables and prepayments, improve relevant business processes, and ensure the safe recovery of receivables and prepayments.

Article 54 Companies at all levels shall establish accounts of accounts receivable and prepayments, and register the time of occurrence, the unit or individual in arrears, the reasons for arrears, the amount of arrears, the due date, the person in charge of collection, etc. One by one, and regularly clean up and collect them on time. In addition to the accounts receivable reflected in the book, the accounts receivable recorded in the general ledger should also include the income that has not been carried forward in the account, which is not reflected as accounts receivable for the time being, but belongs to accounts receivable according to the contract.

For long-term overdue accounts receivable, it should be taken as the key collection object, which should be jointly collected by finance, law, sales, customer service and other relevant departments, and pay attention to the protection of the statute of limitations, and take effective measures to ensure that the company has legal litigation rights against it, so as to avoid losing the litigation rights beyond the statute of limitations, so that accounts receivable can not be recovered. Long-term prepayments should also be cleared in time.

Article 55 Each company shall form a system of holding special meetings on accounts receivable on a regular basis, with the participation of relevant departments such as finance, law, sales and customer service, and regularly analyze and study the problems existing in accounts receivable management and seek solutions.

Article 56 For accounts receivable that are really uncollectible due to objective reasons and meet the conditions for confirmation of bad debts of the Company, companies at all levels shall, after obtaining the verification evidence, report to the board of directors for write-off of bad debts in a timely manner according to the prescribed procedures.

Article 57 If an employee of the company leaves his original work unit due to job transfer, dismissal or resignation, he shall settle the money owed to the company. If he has not gone through the settlement procedures, he shall not go through the transfer or resignation procedures.

Section 3 Management of Fixed Assets

Article 58 Companies at all levels shall establish and improve the daily management system of fixed assets, and regulate the basic work such as the purchase, construction, use, disposal, storage and registration of fixed assets to ensure the safe and effective use of fixed assets.

Article 59 When preparing the annual financial budget, each company shall determine the fixed assets purchase plan for the next year and implement the fixed assets purchase according to the budget. The purchase of extra-budgetary fixed assets shall be examined and approved according to the prescribed authority.

Article 60 The purchase, construction and disposal of fixed assets with a cumulative amount not exceeding 5 million yuan shall be examined and approved by the board of directors of the joint stock company authorized by the chairman. The purchase, construction and disposal of fixed assets with accumulated amount not exceeding 5 million yuan but not exceeding 30% of the latest audited net assets of the company shall be reviewed and approved by the board of directors of the joint-stock company; And the purchase, construction and disposal of fixed assets exceeding 30% of the company's latest audited net assets must be reviewed and approved by the shareholders' meeting of the joint stock company. According to the needs of operation and management, the chairman may authorize the purchase, construction and disposal of fixed assets within the approval authority to the general managers of companies at all levels for approval according to a certain amount.

Fixed purchases with a unit value exceeding 654.38 million yuan outside the budget of each subsidiary shall be reported to its board of directors for approval and reported to the financial management department of the joint-stock company for the record.

Article 61 It is forbidden for a company to purchase fixed assets in its own name with public funds, and all the purchased fixed assets must be included in the statutory accounting books for management and accounting.

Article 62 The fixed assets of the company shall be counted at least once a year and checked with the records of accounting books to ensure that the accounts are consistent with the facts. In case of inconsistency, find out the reasons in time and distinguish the responsibilities. Fixed assets that have lost their use value and need to be scrapped shall be submitted for approval and cleaned up in time according to their authority.

Section 4 Management of Other Assets

Article 63 The company shall establish and improve the bidding mechanism to effectively reduce the procurement cost of various materials and equipment. Relevant centralized management departments should do a good job in acceptance and storage to ensure its safety and integrity. Completed properties and leased properties should be maintained regularly.

Article 64 Assets formed by equity investment and securities investment and other assets shall be managed in accordance with other chapters of this system and relevant regulations of the company. The management system of the company's assets donation shall be formulated separately according to the actual situation of the company.

Chapter V Debt and Guarantee Management

Article 65 The company and its subsidiaries shall appropriately control the scale of liabilities and strictly control financial risks.

Article 66 The issuance of corporate bonds, trust funds, bank loans and other foreign loans by a company shall be approved by the board of directors and the shareholders' meeting in accordance with the prescribed authority. According to the actual situation of the company, the board of directors authorized the chairman of the joint-stock company to approve a single loan and related mortgage within the scope of the new loan amount approved by the annual general meeting of shareholders.

Article 67 The following guarantees of the company shall be reviewed and approved by the shareholders' meeting (excluding the guarantee provided for the holding subsidiary and the mortgage guarantee provided for the purchaser, and the amount of the cancelled guarantee does not account for the corresponding amount):

(1) Any guarantee provided by the company and its holding subsidiaries after the total external guarantee reaches or exceeds 50% of the latest audited net assets;

(2) Any guarantee provided by the company after the total external guarantee reaches or exceeds 30% of the latest audited total assets;

(3) The guarantee provided for the object of guarantee whose asset-liability ratio exceeds 70%;

(4) The amount of a single guarantee exceeds10% of the latest audited net assets;

(5) Guarantees provided to shareholders, actual controllers and their related parties.

The board of directors of the joint-stock company has the right to examine and approve the guarantee that does not meet the above standards and the accumulated amount does not exceed 654.38 billion yuan.

Chapter VI Revenue, Costs and Expenses

Article 68 The income of a company shall have legal basis and vouchers, and it is stipulated that all the income shall be included in the statutory accounting books, confirmed and reflected in time, and various taxes and fees shall be paid according to law.

Article 69 Each company shall establish a perfect cost control management system and strictly control the expenditure of costs and expenses according to the financial budget. The expenditure of costs and expenses shall be true and lawful, and valid original vouchers shall be obtained.

Chapter VII Profit Distribution Management

Article 70 The after-tax profits of the company in the current year shall be distributed in the following order:

(1) If there are any uncompensated losses in previous years, make up the losses in previous years;

(2) Withdraw the statutory surplus reserve fund according to law (10%);

(2) Withdraw surplus reserves according to the decision of the shareholders' meeting;

(3) Distribute the residual profits according to the decision of the shareholders' meeting.

Chapter VIII Supplementary Provisions

Article 71 Financial matters such as related party transactions and external guarantees shall be regulated by the company's special system, and all companies shall strictly abide by it.

Article 72 Where the provisions of the Articles of Association and relevant management systems on the powers and responsibilities of the shareholders' meeting, the board of directors and the chairman change, the provisions of the Articles of Association and relevant management systems shall prevail.

Article 73 If the provisions of this system conflict with the financial regulations or articles of association promulgated by the state, the provisions of the financial regulations and articles of association of the state shall prevail.

Article 74 This system shall come into effect after being reviewed and approved by the board of directors of the joint-stock company.