Receivables and Customer Concentration - As of December 31, 2023, the total amount of receivables from financing leases, loans, and accounts receivable is approximately RMB 1,009,600,000[1] - The total amount of receivables from the top five customers is approximately RMB 870,500,000, indicating a concentration risk[1] - Two major customers account for approximately RMB 671,600,000 of the total receivables, with the largest customer contributing RMB 423,600,000[1] - The company has approximately 45 clients as of December 31, 2023, indicating a diversified customer base[1] Financing Guarantees - The company provides financing guarantees to corporate clients in mainland China, charging fees typically between 3.1% and 4.5% of the loan principal[2] - No new customers were acquired in the financing guarantee business for the fiscal years ending December 31, 2022, and December 31, 2023[2] - The management team in mainland China is responsible for approving and reviewing financing guarantees, ensuring risk management practices are in place[2] - The company operates its guarantee services with a prudent approach, balancing inherent credit risks with business opportunities[2] - The company does not use financial intermediaries or pay any intermediary fees in its business solicitation process[2] - The company monitors the credit status and financial health of its clients to manage risks associated with financing guarantees[2]
鼎丰集团汽车(06878) - 2024 - 年度业绩