Huaihe Energy(SH:600575) Zheng Quan Zhi Xing·2025-08-29 11:44Core Viewpoint - The financial company of Huainan Mining Group has established a comprehensive risk management and internal control system to ensure the safety, liquidity, and profitability of its deposits, while effectively preventing and controlling financial risks [1][11]. Group 1: Basic Information - The financial company was approved to operate with a registered capital of 300 million yuan, which was later increased to 1 billion yuan [1]. - The ownership structure includes Huainan Mining contributing 915 million yuan (91.5%) and Huainan Dongchen Group contributing 50 million yuan (3.5%) [1]. - As of June 30, 2025, the total assets of the financial company amounted to 14.49 billion yuan, with loans issued totaling 7.05 billion yuan [11]. Group 2: Internal Control and Risk Management - The financial company has a well-defined governance structure, including a board of directors and various committees to oversee risk management and internal controls [2][5]. - A comprehensive risk prevention system has been established, including a risk information database and a dynamic process for risk identification and management [5][10]. - The company has implemented strict internal controls, including separation of incompatible duties and regular audits to ensure compliance and risk mitigation [10][12]. Group 3: Operational Performance - The financial company has maintained a capital adequacy ratio of 29.18%, significantly above the regulatory minimum of 10.5% [11]. - The liquidity ratio stands at 54.11%, indicating a strong ability to meet short-term obligations [12]. - The company has successfully absorbed deposits totaling 11.11 billion yuan, with a significant portion coming from its parent company [14].