华发股份: 珠海华发实业股份有限公司对珠海华发集团财务有限公司关联交易风险评估报告

Core Viewpoint - Zhuhai Huafa Industrial Co., Ltd. conducted a risk assessment report on its related party transactions with Zhuhai Huafa Group Financial Co., Ltd., indicating that the financial company has established a comprehensive internal control system and meets regulatory requirements, thus managing risks effectively [1][15]. Group 1: Basic Information of the Financial Company - Zhuhai Huafa Group Financial Co., Ltd. is a non-bank financial institution approved by the China Banking and Insurance Regulatory Commission, established to provide financial management services to Huafa Group and its subsidiaries [1]. - The financial company was established with an initial registered capital of RMB 1 billion and has undergone several changes in its business license and shareholder structure since its inception [2][3]. Group 2: Internal Control and Risk Management - The financial company has a well-defined governance structure, including a board of directors and various committees responsible for risk management, audit, and investment decisions [3][4]. - It has implemented a comprehensive internal control system that includes risk identification, assessment, and management procedures, ensuring effective risk mitigation across its operations [4][5]. Group 3: Financial Performance and Regulatory Compliance - As of December 31, 2024, the financial company reported total assets of approximately RMB 43.83 billion, total liabilities of about RMB 37.06 billion, and a net asset value of approximately RMB 6.78 billion, with an operating income of RMB 945.41 million and a net profit of RMB 761.93 million for the year [11][12]. - The financial company has maintained compliance with regulatory indicators, including a capital adequacy ratio of 17.37% and a liquidity ratio of 37.50% as of December 31, 2024 [12][13]. Group 4: Business Objectives and Advantages - The financial company's mission is to leverage its group structure to provide efficient financial management services, aiming to enhance capital utilization and create a comprehensive financial platform for Huafa Group [15].