Risk Assessment Report on AVIC Industry Finance Co., Ltd.
I. Basic Information of AVIC Finance Co., Ltd.
AVIC Industry Finance Co., Ltd. (hereinafter referred to as "AVIC Finance") was established in 2001. It is a non-bank financial institution approved by the former China Banking Regulatory Commission (now the National Financial Regulatory Administration) to adapt to the socialist market economy and support the stable and sustainable development of China's aerospace industry. It was jointly funded by China Aerospace Science and Technology Corporation (hereinafter referred to as "Aerospace Science and Technology Group") and sixteen other member units of Aerospace Science and Technology Group, with a registered capital of RMB 6.5 billion.
As the only modern financial enterprise of Aerospace Science and Technology Group, AVIC Finance, in the process of building a new aerospace industrial system, relies on its professional advantages in the financial and capital markets. It closely follows the vision of "building a first-class financial company," taking the function of a "financial platform" as its mission, with "creating a first-class" as the primary goal, "serving aerospace" as the primary requirement, "scientific development" as the primary task, and "risk prevention" as the primary responsibility. It fully leverages its functions of capital flow and financial services, becoming an indispensable financial service provider for its member units, maximizing the group's value.
Registered Address: Floors 01-03 and 07-09, No. 31 Ping'anli West Street, Xicheng District, Beijing Legal Representative: Shi Weiguo Financial License Institution Code: L0015H211000001 Unified Social Credit Code: 91110000710928911P
Shareholder Information: AVIC Finance has a registered capital of RMB 6.5 billion. Among them, Aerospace Science and Technology Group contributed 30.20%; China Academy of Launch Vehicle Technology contributed 14.56%; China Academy of Space Technology contributed 10.92%; Shanghai Aerospace Science and Technology Research Institute contributed 10.01%; Research Institute of Aerospace Propulsion Technology contributed 9.10%; Xi'an Aerospace Science and Technology Industrial Co., Ltd. contributed 7.29%; China Great Wall Industry Corporation contributed 5.46%; China Aerospace Times Electronics Co., Ltd. contributed 2.73%; Aerospace Investment Holdings Co., Ltd. contributed 2.64%; Sichuan Aerospace Industrial Corporation contributed 1.82%; China Aerodynamics Research and Development Center contributed 1.82%; China Satcom Co., Ltd. contributed 0.91%; China Le-Ke Group Co., Ltd. contributed 0.68%; China Aerospace Long March International Trade Co., Ltd. contributed 0.48%; China Aerospace System Engineering Research Institute contributed 0.48%; China Siwei Survey and Design Institute Co., Ltd. contributed 0.45%; Beijing Shenzhou Aerospace Software Technology Co., Ltd. contributed 0.45%.
Business Scope: Licensed projects: Financial company services for enterprise groups. (For projects subject to approval according to law, business activities can be carried out only after approval by relevant departments. The specific business projects are subject to the approval documents or licenses issued by relevant departments.) (Prohibited from engaging in business activities forbidden or restricted by national and municipal industrial policies.)
II. Basic Situation of Internal Control of AVIC Finance Co., Ltd.
(I) Internal Control of AVIC Finance Co., Ltd.
In 2025, AVIC Finance conscientiously implemented the "Notice of the State-owned Assets Supervision and Administration Commission on Doing a Good Job in the Construction and Supervision of the Internal Control System of Central Enterprises in 2025" and the "Key Points for the Construction of Rules and Regulations, Internal Control, Risk Management, and Compliance Management of the Group Company in 2025." With the goal of "strengthening internal control, preventing risks, and promoting compliance," and the overall objective of "integrating into business, controlling risks, and promoting the development of the group's industry," it focused on deepening risk control in key business areas. Through continuous improvement of the comprehensive risk management system and the construction of the rules and regulations system, it continuously enhanced AVIC Finance's internal control and comprehensive risk management level, ensuring compliant and stable operation.