When the borrower intends to apply for a loan, it shall file the application documents specifying the cause of loan, purpose of fund, claimed amount, date of repayment and the latest financial statement. The application is submitted to the Company's Finance, Accounting and Investment Department for the risk evaluation upon approval of the borrower's board of directors. The contents of evaluation shall include：
The necessity of and reasonableness of extending loans to others.
Borrower credit status and risk assessment.
Impact on the company's business operations.
Financial condition, and shareholders' equity.
Whether collateral must be obtained and appraisal of the value thereof.