萤石网络: 关于与中国电子科技财务有限公司开展金融服务业务的风险持续评估报告

Core Viewpoint - The report evaluates the ongoing risks associated with the financial services business between Hangzhou Yingshi Network Co., Ltd. and China Electronics Technology Finance Co., Ltd., highlighting the financial company's operational status, internal controls, and risk management practices [2][10]. Group 1: Financial Company Overview - China Electronics Technology Finance Co., Ltd. is a non-bank financial institution approved by the National Financial Supervision Administration, with a registered capital of 580 million RMB and established on December 14, 2012 [2]. - The financial company's business scope includes accepting deposits, providing loans, bill discounting, and offering various financial advisory services [2]. Group 2: Internal Control and Risk Management - The financial company has established a comprehensive internal control system with 13 categories and 191 items of regulations to ensure effective management and compliance [8]. - It has a structured governance framework including a board of directors and various committees to oversee risk management and internal controls [3][8]. - Risk identification and assessment are conducted through a series of internal control systems, ensuring that each department has its own risk management protocols [3][4]. Group 3: Financial Performance - As of June 30, 2025, the financial company reported total assets of 89.495 billion RMB, liabilities of 78.103 billion RMB, and equity of 11.392 billion RMB, with a net profit of 0.597 billion RMB for the first half of 2025 [9]. - The company maintains a healthy cash position with 3.964 billion RMB in cash and deposits at the central bank, and a loan balance of 28.212 billion RMB [9]. Group 4: Regulatory Compliance - The financial company adheres to various regulatory requirements, including maintaining a capital adequacy ratio above the minimum regulatory threshold and ensuring liquidity ratios are not below 25% [11]. - The company has not engaged in any financial transactions with its parent company, maintaining a zero balance in loans and deposits as of June 30, 2025 [10].