Zheng Quan Zhi Xing·2025-08-25 16:34Group 1 - The core viewpoint of the article is the evaluation of Shanghai Automotive Group Finance Co., Ltd. (SAIC Finance) by Shanghai New Power Automotive Technology Co., Ltd., focusing on its operational qualifications, business, and risk status as of June 30, 2025 [1][14] - SAIC Finance was established in April 1994, with a registered capital of RMB 15.38 billion, and is a wholly-owned subsidiary of Shanghai Automotive Group Co., Ltd. [1][14] - The business scope of SAIC Finance includes accepting deposits, providing loans, bill discounting, fund settlement, and various financial advisory services [1] Group 2 - The risk management structure of SAIC Finance includes a board of directors, a supervisory board, and a comprehensive internal control system [2][5] - The board of directors is responsible for major decisions, including financial budgets, profit distribution, and risk management policies [3][4] - The supervisory board monitors financial activities and ensures compliance with laws and regulations [5] Group 3 - SAIC Finance has established a complete internal control system, including an authorization system, a regulatory framework, and a clear division of responsibilities among departments [6][7] - The company conducts regular risk assessments and has a dedicated risk management committee to oversee financial stability and compliance [8][9] - The liquidity management strategy emphasizes maintaining sufficient funds for daily operations and prioritizing high liquidity investments [8][10] Group 4 - As of June 30, 2025, SAIC Finance's total assets amounted to a significant figure, with all regulatory indicators meeting the required standards [12][13] - The company maintains a good asset quality with a low non-performing loan ratio, indicating effective credit management practices [9][10] - The investment strategy focuses on fixed-income securities, ensuring liquidity while balancing profitability and risk [10][11] Group 5 - The evaluation concludes that SAIC Finance operates within legal frameworks and has a robust internal control mechanism, ensuring sound financial practices [14] - The company has sufficient capital adequacy and provisions, indicating a strong financial position and manageable risks associated with its financial operations [14]