上海贝岭: 上海贝岭关于中国电子财务有限责任公司关联交易2025年半年度风险评估报告

Core Viewpoint - The report evaluates the risk assessment of China Electronics Finance Co., Ltd. and highlights its internal control, management, and financial status as of the first half of 2025, indicating a stable operational framework and compliance with regulatory requirements [1][12]. Group 1: Company Overview - China Electronics Finance Co., Ltd. was established in 1988 and is a national non-bank financial institution under the supervision of the People's Bank of China [1][2]. - The company underwent a merger with Zhuhai Group Finance Co., Ltd. in 2022, increasing its registered capital to 1.901 billion RMB, which was later raised to 2.5 billion RMB [2][3]. Group 2: Internal Control and Risk Management - The company has established a governance structure with a board of directors, supervisory board, and management team, ensuring clear responsibilities and operational checks [5]. - A comprehensive risk management system is in place, including internal audits and risk assessment protocols tailored to different business operations [5][10]. - The internal control system is deemed effective, with a focus on managing financial risks and ensuring compliance with regulatory standards [11][12]. Group 3: Financial Performance - As of June 30, 2025, the company reported total bank deposits of 215 million RMB and a net profit of 161 million RMB [12]. - Key regulatory indicators are met, including a capital adequacy ratio of 12.75%, liquidity ratio of 60.82%, and loan balance not exceeding 80% of the sum of deposits and paid-in capital [12][13]. - The company maintains a low level of external liabilities, with a ratio of 0.00% against net capital, indicating a strong financial position [12][13]. Group 4: Business Operations - The company primarily serves the financial needs of its parent group, China Electronics Corporation, with a focus on loans and deposits [7][12]. - Interest rates for deposits in the first half of 2025 ranged from 0.10% to 2.75%, with interest income amounting to approximately 4.999 million RMB [12][13].