Continuous Risk Assessment Report on China International Marine Containers Group Finance Co., Ltd.
According to the "Self-Regulatory Guidelines No. 7 for Listed Companies of the Shenzhen Stock Exchange - Transactions and Related Transactions," combined with the relevant documents provided by China International Marine Containers Group Finance Co., Ltd. (hereinafter referred to as "CIMC Finance"), including the "Financial License" and "Business License," CIMC Anruihuan Technology Co., Ltd. (hereinafter referred to as "the Company" or "CIMC Anruihuan") has reviewed CIMC Finance's financial reports, including the balance sheet, income statement, cash flow statement, operational qualifications, internal control system construction, operational and risk status. Based on this, a continuous risk assessment of the Company's and its consolidated subsidiaries' (hereinafter referred to as "the Group") financial business with CIMC Finance has been conducted. The specific situation is reported as follows:
I. Basic Information of CIMC Finance
CIMC Finance was established on February 9, 2010, as a non-bank financial institution approved by the National Financial Regulatory Administration, with a registered capital of RMB 1.326 billion. It currently has one shareholder: China International Marine Containers (Group) Co., Ltd. (hereinafter referred to as "CIMC Group"), which holds 100% of the shares. Financial License Institution Code: L0108H244030001. Legal Representative: Zhang Li. Registered Address: Unit ABCDEGH, 11th Floor, Building 1, China Merchants Plaza, 1166 Wanghailu, Shekou, Nanshan District, Shenzhen.
Business Scope:
- Accept deposits from member units;
- Provide loans to member units;
- Handle bill discounting for member units;
- Conduct fund settlement and payment for member units;
- Provide entrusted loans, bond underwriting, non-financial guarantees, financial advisory, credit verification, and consulting agency services for member units;
- Engage in interbank borrowing;
- Handle bill acceptance for member units;
- Provide buyer credit and consumer credit for member units;
- Engage in fixed-income securities investment;
- Conduct hedging derivative product transactions.
II. Risk Management and Internal Control of CIMC Finance
CIMC Finance has established a board of directors and a board of supervisors in accordance with the provisions of the "Articles of Association of CIMC Finance," clearly defining the responsibilities of the board of directors, supervisors, and management in internal control, thereby establishing a corporate governance structure with mutual responsibilities, standardized operations, and checks and balances among the board of directors, board of supervisors, and management.