Legal analysis: the company's property is responsible for the loan in the name of the company. As the legal representative of an enterprise, he must be responsible for all legal and illegal business operations of the enterprise and all creditor's rights and debts of the enterprise. The loan of the enterprise is repaid by the enterprise. The legal representative of the enterprise shall not be liable for repayment, provided that the enterprise does not commit any illegal acts such as false capital contribution, withdrawing funds or transferring assets, otherwise the shareholders or legal representative of the enterprise may bear corresponding responsibilities.

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 general meeting of shareholders 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.