Chapter I General Provisions Article 1 These Measures are formulated to strengthen the management of special funds for soft loan projects of China Development Bank, rationally and effectively use funds and ensure the timely repayment of soft loans of China Development Bank (hereinafter referred to as "loans"). Article 2 These Measures are only applicable to the soft loans of China Development Bank borrowed by Shenyang Hengxin State-owned Assets Management Co., Ltd. according to the Cooperation Agreement between China Development Bank and Liaoning Provincial People's Government on Accelerating the Revitalization of Liaoning Old Industrial Base. Article 3 The special funds for soft loan projects of China Development Bank include loan funds and matching funds. Matching funds mainly include self-raised funds, financial allocations and other funds of the project unit. Article 4 The special funds for soft loan projects of China Development Bank are mainly used for the construction of transportation, energy, water conservancy, infrastructure and key industrial enterprises. The purpose of loan funds is the capital investment of the project. Fifth loan projects should be strictly divided into business projects and social welfare projects according to the project unit and the direction of use. Operating project loans are repaid by project units and enterprises; Loans for social welfare projects shall be arranged by the government at the same level as the declared projects. Article 6 Shenyang Hengxin State-owned Assets Management Co., Ltd. (hereinafter referred to as "Hengxin Assets Company") is a loan platform, which is responsible for signing loan contracts and borrowing, using and repaying loan funds. Article 7 The investment platform and the project enterprise shall establish a clear investor-investor relationship in accordance with market principles and relevant laws when making loan investment in business projects in a market-oriented manner. Article 8 The loan platform shall invest capital into the project unit by capital injection, and the capital investment shall adhere to the principle of holding shares by stages, and the standardized equity capital withdrawal mechanism and investment risk compensation mechanism shall be determined (the specific measures shall be formulated separately by the loan platform). Article 9 The directly related taxes and fees generated by the loan platform due to the use of loan funds by the project unit shall be borne by the project unit that actually uses the loan. Chapter II Determination and Application of Projects Article 10 A project entity applying for loan investment shall, in accordance with the relevant provisions of the National Development Bank on loan project management and the provisions of these Measures, prepare its own project proposal and feasibility study report, which shall be submitted to the municipal government for examination and approval by the superior competent department or the district/county (city) government (including the Development Zone Management Committee, the same below). Eleventh projects applying for loan investment shall meet the following conditions:

(a) in line with the transformation and revitalization plan of the old industrial base in this Municipality;

(two) in line with the basic requirements of the National Development Bank and the focus of the city;

(three) to complete the examination and approval procedures stipulated by the national or provincial and municipal investment authorities;

(four) in line with the construction conditions of land, planning, environmental protection, etc., and can start construction within the year of reporting the project;

(five) the basic implementation of self financing;

(six) has certain economic benefits, social benefits and repayment ability;

(seven) the implementation of the corresponding guarantee and mortgage measures;

(eight) other conditions that should be met. Twelfth approved by the municipal leading group to use loan investment projects, the municipal leading group instructed the relevant departments and the * * * Development Bank to demonstrate and evaluate the feasibility of the declared project. The project applicant shall provide the following materials to the relevant departments:

(1) An application for loan investment by the project unit, including: the project name, the required loan investment amount, the implementation of matching funds, the equity repurchase plan for loan investment and the source of funds;

(two) the approved project proposal and feasibility study report;

(three) the financial audit report and financial statements issued by the accounting firm of the project unit in the last three years;

(four) a copy of the business license of the project unit (with the seal of the examination and approval department);

(5) Other materials that need to be provided. Article 13 When a project unit applies for using a loan, the competent department of the project unit and the government of the project district/county (city) shall issue a letter of commitment signed by the legal representative of the competent department or the district/county (city) governor and the chief financial officer to the municipal finance department and Hengxin Assets Company to compensate the investment risk and buy back the investment equity of the loan platform.

For enterprises that have no investment from the higher authorities or the municipal government, the project unit applying for the loan shall provide Hengxin Assets Company with the property mortgage corresponding to the loan investment, the pledge of related rights or an irrevocable letter of guarantee issued by a third party recognized by Hengxin Assets Company.

The loan guarantee or property mortgage procedures of the project unit shall be handled in accordance with the provisions of relevant laws and regulations. Fourteenth Hengxin Assets Company is responsible for reporting the projects that have passed the evaluation to the China Development Bank for approval and handling the loan procedures. Chapter III Loan Borrowing Article 15 This Municipality uses the soft loan project of China Development Bank, and Hengxin Assets Company, as the borrower, is specifically responsible for borrowing the project loan and organizing the project unit to repay the due debts according to the loan agreement. Unless otherwise stipulated by the municipal government, the final debtor (i.e. the project unit) is responsible for raising funds to repay the loan. Article 16 After signing a loan contract with China Development Bank, Hengxin Assets Company will sign a loan investment agreement with the project unit, which will be countersigned by the competent department of the project unit, the guarantee unit or the municipal finance department and the relevant district/county (city) finance department (the specific contents of the loan investment agreement will be formulated separately by the relevant departments and units).