Yangnong Chemical(SH:600486) Zheng Quan Zhi Xing·2025-08-21 09:14Core Viewpoint - The risk assessment report for Sinochem Group Finance Co., Ltd. indicates that the company's risk management design and execution related to financial statements as of June 30, 2025, are reasonable and effective [1][2]. Company Overview - Sinochem Group Finance Co., Ltd. was established in June 2008 with a registered capital of 6 billion yuan and is approved by the China Banking Regulatory Commission [3]. - The company's shareholders include Sinochem Holdings Co., Ltd. (37%), Sinochem Corporation (35%), and Sinochem Capital Co., Ltd. (28%) [3]. Business Scope - The company provides financial services to member enterprises, including deposit acceptance, loan issuance, bill discounting, fund settlement, and financial consulting [4]. Internal Control Overview - The company has established a modern corporate governance structure with a clear division of responsibilities among the shareholders' meeting, board of directors, and management [4]. - A series of internal control systems and operational procedures have been developed to manage risks effectively [5]. Risk Management - The company has a dedicated risk management department and has implemented various risk control measures tailored to different business characteristics [5]. - The company prioritizes safety, liquidity, and profitability in its fund management practices [6]. Financial Performance - As of June 30, 2025, the company's total assets amounted to 70.604 billion yuan, with total equity of 13.069 billion yuan and member deposits of 57.168 billion yuan [16]. - The company reported interest income of 635 million yuan and a net profit of 93 million yuan for the first half of 2025 [16]. Regulatory Compliance - As of June 30, 2025, the company met all regulatory requirements, including a capital adequacy ratio of 12.33% and a liquidity ratio of 61.45% [18]. - The company has not faced any significant operational risks or regulatory penalties since its establishment [18].