000413SZSE

Risk Assessment Report for Dongxu Group Financial Co., Ltd. for the First Half of 2024

ST Xudian Co., Ltd.··6 pages

✨ AI Summary

This report evaluates the financial risks associated with Dongxu Group Financial Co., Ltd. for the first half of 2024. Key figures include total assets of 26.073 billion RMB and a net loss of 131 million RMB. The company has established internal controls and is actively addressing liquidity issues while complying with regulatory requirements. Ongoing efforts aim to improve liquidity and ensure the normal operation of the financial company.

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Risk Assessment Report for Dongxu Group Financial Co., Ltd. for the First Half of 2024

According to the "Administrative Measures for Financial Companies of Enterprise Groups" and the Shenzhen Stock Exchange's "Self-Regulatory Guidelines No. 7 for Listed Companies - Transactions and Related Transactions," Dongxu Guangdian Technology Co., Ltd. (hereinafter referred to as "Dongxu Guangdian" or "the Company") has reviewed the financial statements and related data indicators of Dongxu Group Financial Co., Ltd. (hereinafter referred to as "the Financial Company") for the first half of 2024. The Company has also verified the legality and validity of the Financial Company's "Financial License" and "Business License," and hereby issues this risk assessment report.

I. Basic Information of the Financial Company

The Financial Company is a non-bank financial institution approved by the National Financial Regulatory Administration (formerly the China Banking and Insurance Regulatory Commission) (Financial License No.: 00627955) and registered with the Hebei Provincial Administration for Industry and Commerce (Unified Social Credit Code: 91130100MA085XC83H), and is subject to supervision by the National Financial Regulatory Administration. The registered capital of the Financial Company is 5 billion RMB, with Dongxu Group Co., Ltd. (hereinafter referred to as "Dongxu Group") contributing 3 billion RMB and the Company contributing 2 billion RMB. The legal representative is Guo Xuan, and the registered address is Unit 2814-2816, 28th Floor, Letai Center (Building A), No. 39 Zhongshan East Road, Chang'an District, Shijiazhuang City, Hebei Province, with operations commencing in January 2017. The Financial Company conducts business within the scope approved by the National Financial Regulatory Administration, which mainly includes: providing financial and financing advisory services, credit verification, and related consulting and agency services for member units; assisting member units in the receipt and payment of transaction funds; approved insurance agency business; providing guarantees for member units; handling entrusted loans between member units; managing bill acceptance and discounting for member units; conducting internal transfer settlements and designing corresponding settlement and clearing plans for member units; accepting deposits from member units; providing loans and financing leases for member units; engaging in interbank borrowing; and other businesses approved by the National Financial Regulatory Administration. (Projects requiring approval may only be carried out after approval by relevant departments.)

II. Basic Situation of Internal Control of the Financial Company

(1) Control Environment

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