Sun Create(SH:600990) Zheng Quan Zhi Xing·2025-08-27 13:17Core Viewpoint - The report evaluates the ongoing risk assessment of China Electronics Technology Finance Co., Ltd., highlighting its compliance with regulatory requirements and effective internal control systems [1][12]. Group 1: 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 [2]. - The company was established on December 14, 2012, and is located in Beijing [2]. Group 2: Internal Control and Risk Management - The company has established a comprehensive internal control system with 13 categories and 191 regulations to ensure effective management and compliance [9]. - It has a structured governance framework including a board of directors and various committees to oversee risk management and internal controls [3]. - The risk management system includes risk identification, assessment, and control measures tailored to different business operations [3][4]. Group 3: Financial Performance - As of June 30, 2025, the total assets of the finance company amounted to 89.495 billion RMB, with liabilities of 78.103 billion RMB and equity of 11.392 billion RMB [10]. - For the first half of 2025, the company reported an operating income of 0.951 billion RMB and a net profit [10]. Group 4: Compliance and Regulatory Adherence - The finance 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% [10]. - The company has not violated any regulations set forth by the National Financial Supervision Administration, indicating a strong compliance record [12]. Group 5: Related Transactions - As of June 30, 2025, the company had a loan balance of 0.937 billion RMB and a deposit balance of 0.145 billion RMB with the finance company, indicating a manageable level of financial interaction [11].