Notice of the Bureau of Science and Technology of Nansha District of Guangzhou Municipality on Issuing the Management Measures of Nansha district for Technology SME Credit Risk Compensation Capital Pool

5. Conducting annual performance assessments on cooperative banks.

6. Other work within the scope of its responsibilities.

Article 5 The responsibilities of cooperative banks are as follows:

1. Strictly implementing the Notice of China Banking and Insurance Regulatory Commission on Issuance of Guidelines for Loan Risk Classification and other relevant provisions to ensure accurate loan risk classification and complete information.

2. Managing loan projects, reporting loan projects covered by the Capital Pool after loan issuance, and ensuring the authenticity, integrity, and compliance of the reported loan projects.

3. Applying for compensation funds as required, and actively handling compensated NPL projects.

4. Cooperating with relevant departments in auditing, supervision, and performance evaluation.

Article 6 The entrusted management expenses of the Capital Pool shall be included in the budget of the district science and technology department and allocated to the entrusted management organization on an annual basis. The entrusted management expenses consist of basic management fees and performance management fees. The annual standard for the basic management fee shall be 200,000 yuan, and that for the performance management fee shall be 0.06 percent of the technology credit loan granted in the current year, up to 400,000 yuan. Such fees will be allocated after review.

Chapter III Support Recipients

Article 7 The Capital Pool focuses on supporting the industrialization of science and technology projects with independent intellectual property rights, strong innovative capabilities, high technological level, promising market prospects and good economic and social effects. Priority will be given to SMEs undertaking national, provincial, municipal, and district science and technology planning projects.