Core Viewpoint - The internal audit system of Sanofi (Shanghai) Co., Ltd. aims to enhance management and supervision of internal departments, subsidiaries, and significant affiliates, ensuring compliance with laws and regulations while improving audit quality [1][2]. Group 1: Internal Audit Definition and Objectives - Internal audit is defined as an evaluation activity conducted by internal personnel to assess the effectiveness of internal controls, risk management, and the authenticity of financial information [2][3]. - The objectives of internal control include compliance with laws, safeguarding assets, and ensuring the accuracy and completeness of information disclosure [3][4]. Group 2: Internal Audit Department Structure - The company has established an independent internal audit department that reports directly to the board's audit committee [3][5]. - The internal audit department must have a minimum of three dedicated audit personnel, with the head being a full-time position nominated by the audit committee [3][6]. Group 3: Audit Responsibilities - The internal audit department is responsible for evaluating the completeness and effectiveness of internal control systems across the company and its subsidiaries [5][10]. - It must conduct audits on financial data, ensuring legality, compliance, and authenticity, including financial reports and performance forecasts [5][10]. Group 4: Audit Procedures - The internal audit process includes planning, notifying the audited unit, collecting evidence, and drafting audit reports [8][9]. - Audit reports must be submitted within ten days after the audit's conclusion, allowing the audited unit to provide feedback [9][10]. Group 5: Internal Control Evaluation - The internal audit department is required to submit an annual internal control evaluation report to the audit committee, detailing the effectiveness of internal controls [10][11]. - If significant deficiencies or risks are identified, the audit committee must be promptly informed [11][12]. Group 6: Compliance and Reporting - The company must disclose any significant internal control deficiencies or risks to the stock exchange and provide details on corrective measures taken [11][12]. - The internal audit department must audit significant external investments, asset purchases, and guarantees to ensure compliance with regulations [12][13]. Group 7: Training and Accountability - The internal audit department is responsible for training and evaluating audit personnel to enhance their professional skills [33][34]. - Any misconduct by audit personnel, such as leaking confidential information or providing false reports, will result in disciplinary actions [34][35].

Core Viewpoint - The report evaluates the risk management and operational status of China Minmetals Corporation's financial subsidiary, highlighting its compliance with regulations and effective risk control measures [1][10]. Group 1: Basic Information of the Financial Company - The financial company is a non-bank financial institution established in 1992, with a registered capital of RMB 500 million [1]. - It operates under the supervision of financial regulatory authorities and provides financial services to its parent group [2]. Group 2: Risk Management Framework - The financial company has established a robust governance structure, including a board of directors and a risk management committee to oversee risk management activities [2][3]. - It has implemented an internal control management system to identify and assess risks, ensuring clear responsibilities and reporting relationships among departments [3][4]. Group 3: Risk Control Activities - The company has developed detailed operational procedures for various financial activities, including settlement and fund management, to mitigate business risks [4][5]. - It employs a three-check system for credit operations, ensuring thorough investigation and approval processes to manage credit risks effectively [6]. Group 4: Operational and Financial Performance - As of June 30, 2025, the financial company reported total assets of RMB 50.301 billion, total liabilities of RMB 44.110 billion, and total equity of RMB 6.190 billion, with an asset-liability ratio of 87.69% [8]. - The company generated operating income of RMB 203 million and a net profit of RMB 99 million in the first half of 2025 [8]. Group 5: Regulatory Compliance and Risk Assessment - The financial company adheres to the regulations set forth in the Enterprise Group Financial Company Management Measures, with no significant risks identified as of June 30, 2025 [9][10]. - The company maintains a sound internal control system, ensuring compliance with financial regulations and effective risk management practices [10].

Core Viewpoint - The report evaluates the financial and operational risks of China Energy Group Finance Co., Ltd., highlighting its governance structure, risk management practices, and financial performance as of June 30, 2025 [1][2][10]. Group 1: Company Overview - China Energy Group Finance Co., Ltd. is controlled by China Shenhua Energy Co., Ltd. with a 60% stake held by China Energy Investment Group [1]. - The company has a registered capital of 17.5 billion RMB, with various stakeholders including China Shenhua Energy Co., Ltd. holding 32.57% [1]. - The company provides financial services such as deposit acceptance, loan processing, and financial consulting to its member units [1]. Group 2: Internal Control and Risk Management - The company has established a modern governance structure with a clear division of responsibilities among the shareholders' meeting, board of directors, and supervisory board [2]. - A risk management committee and an audit committee are in place to oversee risk management and internal audits [2][3]. - The company employs a risk matrix for dynamic monitoring and control of various business risks, ensuring effective identification and quantification of credit, market, and operational risks [3]. Group 3: Financial Performance - As of June 30, 2025, the total assets of the company amounted to 30.77 billion RMB, with total liabilities of 26.88 billion RMB and owner’s equity of 3.89 billion RMB [10]. - For the first half of 2025, the company reported operating income of 2.236 billion RMB, total profit of 2.311 billion RMB, and net profit of 1.799 billion RMB [10]. - The company has maintained a zero non-performing loan ratio, indicating strong credit asset quality [7]. Group 4: Risk Indicators - As of June 30, 2025, the company's major risk indicators met regulatory requirements, reflecting a robust risk management framework [12]. - The company has not experienced significant operational risks or regulatory penalties, indicating effective compliance with financial regulations [13][19]. Group 5: Financial Services and Transactions - The company has established a financial service agreement with its parent group, allowing for comprehensive credit facilities without collateral requirements [1][18]. - The company’s deposits from member units reached 268.588 billion RMB, with loans and advances totaling 198.851 billion RMB as of June 30, 2025 [10]. - The company has implemented strict management measures for deposit and loan operations to prevent fraud and ensure compliance with regulatory standards [4][6].

Core Viewpoint - The announcement provides a risk assessment report on Sichuan Yibin Wuliangye Group Finance Co., Ltd., detailing its financial status, internal control mechanisms, and compliance with regulatory requirements as of June 30, 2025 [1][24]. Company Overview - Sichuan Yibin Wuliangye Group Finance Co., Ltd. was established on May 5, 2014, as a non-bank financial institution approved by the China Banking Regulatory Commission [1]. - The company is located in Yibin City and operates under the monetary financial services industry, holding a financial license and business license [1]. Shareholding Structure - As of June 30, 2025, the shareholding structure of the finance company is as follows: - Sichuan Yibin Wuliangye Group Co., Ltd.: 130,388.73 million RMB (42.25%) - Yibin Wuliangye Co., Ltd.: 125,173.19 million RMB (40.56%) - Other shareholders include Agricultural Bank International Holdings Limited and several local companies [1]. Internal Control Overview - The finance company has established a governance structure including a shareholders' meeting, board of directors, and supervisory board, with clear responsibilities for risk management [1][3]. - The internal control system is designed to ensure effective risk management and compliance with regulations [1][22]. Financial Performance - As of June 30, 2025, the finance company reported the following financial metrics: - Total assets: 6,658,348.55 million RMB - Loans and discounts: 3,277,240.08 million RMB - Deposits: 5,956,208.64 million RMB - Net operating income for the first half of 2025: 21,543.82 million RMB [22]. Risk Management and Compliance - The finance company has implemented a comprehensive risk management framework, adhering to national financial regulations and internal policies [22][24]. - As of June 30, 2025, all regulatory indicators met the required standards, indicating a sound risk management and internal control system [24].

Core Viewpoint - Zhejiang Pava New Energy Co., Ltd. has been placed under other risk warnings due to a negative audit opinion on its internal controls for the 2024 financial report, effective May 6, 2025 [1][2] Group 1: Risk Warning Implementation - The company received a negative audit report from Tianjian Accounting Firm regarding its internal controls, leading to the implementation of other risk warnings as per the Shanghai Stock Exchange rules [2] - The company is required to disclose progress on the risk warning at least once a month during the warning period [1][2] Group 2: Management Changes and Measures - The company has made significant management changes, including the resignation of the former chairman and general manager, Zhang Bao, and the appointment of Wang Baoliang as the new chairman and general manager [2] - A third-party accounting firm has been engaged to further examine the areas of internal control deficiencies and to implement targeted improvements [2][5] Group 3: Compliance and Training Initiatives - The company is conducting specialized training for its management team in collaboration with intermediaries to enhance compliance awareness and operational integrity [3] - Financial personnel are receiving professional training on accounting standards to improve their understanding and application of relevant regulations [4] Group 4: Internal and External Supervision - The company is strengthening its internal audit capabilities and has plans to hire more specialized internal auditors [5] - Third-party institutions have been engaged for compliance audits to identify potential risks and improve internal processes [5] Group 5: Fund Misappropriation and Recovery Efforts - The actual controller, Zhang Bao, is reported to have misappropriated company funds totaling 191.34 million yuan, with efforts underway to recover these funds [6] - As of the announcement date, the company has received 30 million yuan back from Zhang Bao and is pursuing the recovery of the remaining amount [6] Group 6: Commitment to Internal Control Improvement - The company is committed to enhancing the effectiveness of its internal control systems and will undertake a comprehensive review and rectification of existing processes [7] - The company emphasizes the importance of protecting the rights of investors and will actively disclose relevant information regarding the progress of internal control improvements [7]

Core Viewpoint - The report evaluates the operational qualifications, business, and risk status of China Logistics Group Finance Co., Ltd. (Logistics Finance Company), which is fully controlled by China Logistics Group Co., Ltd. The assessment indicates that the company has established a comprehensive internal control system and effective risk management practices, ensuring compliance with regulatory requirements and maintaining financial stability [1][7][9]. Group 1: Basic Information - Logistics Finance Company obtained its financial license on March 25, 2024, and its business license on March 27, 2024, with a registered capital of RMB 3 billion [1]. - The company is wholly owned by China Logistics Group Co., Ltd., with a shareholding structure indicating 100% ownership [1]. - The main business activities include accepting deposits, providing loans, bill discounting, and offering financial advisory services to member units [1]. Group 2: Risk Management - The company has established a governance structure that includes a board of directors, supervisory board, and senior management, supported by specialized committees for strategic, audit, and risk management [2]. - A clear organizational structure with defined roles and responsibilities enhances the effectiveness of risk management, ensuring checks and balances within the decision-making process [2]. - Risk identification and assessment processes are in place, with departments responsible for developing risk control measures based on their evaluations [3]. Group 3: Internal Control and Compliance - Logistics Finance Company has developed various management methods and operational procedures to control business risks, including specific guidelines for settlement accounts and deposit management [3]. - A credit review committee and an independent credit department manage unified credit operations, ensuring compliance with lending regulations and risk assessment [3][4]. - The company has established a robust internal audit system to monitor compliance with laws and regulations, enhancing the overall effectiveness of internal controls [5][6]. Group 4: Financial Performance - As of June 30, 2025, the total assets of Logistics Finance Company amounted to RMB 11.13 billion, with loans and advances totaling RMB 6.87 billion [7]. - The total liabilities were RMB 8.15 billion, with deposits from members reaching RMB 8.10 billion, and the owner's equity stood at RMB 2.98 billion [7]. - The company reported a revenue of RMB 61 million for the first half of 2025, with a net loss of RMB 33 million attributed to loan provisioning [7]. Group 5: Regulatory Compliance - All regulatory indicators as of June 30, 2025, were within acceptable limits, indicating no significant risks [8]. - The company has not encountered any major defects in its risk control systems related to financial reporting, credit, or information management [7][9]. - The assessment concludes that the financial activities between the company and Logistics Finance Company are currently manageable in terms of risk [9].

Core Viewpoint - The independent directors of China Shipbuilding Industry Corporation held a meeting to assess the risk management of its financial subsidiary, China Shipbuilding Finance Co., Ltd, and concluded that it operates within a sound risk control framework [1][2]. Group 1: Meeting Details - The ninth independent director meeting was held on August 28, 2025, in Shanghai, with all four independent directors participating and voting [1]. - The meeting was deemed legally valid according to relevant laws and the company's internal regulations [1]. Group 2: Risk Assessment of China Shipbuilding Finance - The independent directors approved a proposal regarding the risk assessment report for the first half of the year for China Shipbuilding Finance [1]. - It was noted that China Shipbuilding Finance possesses valid financial licenses and has established a comprehensive internal control system to manage risks effectively [1]. - The assessment revealed no significant deficiencies in the risk control systems related to funds, credit, investment, and information management [1]. - The financial subsidiary is reported to have normal operations, ample funds, sound internal controls, good asset quality, high capital adequacy ratio, and sufficient provisions, indicating that the risks associated with its financial services are manageable [1].

Core Points - The internal audit system of Beijing Haitian Ruisheng Technology Co., Ltd. aims to standardize internal audit work, enhance quality, and protect investors' rights [1] - Internal audit is defined as an evaluation activity conducted by internal personnel to assess the effectiveness of internal controls, risk management, and the authenticity of financial information [1] - The internal control process is designed to ensure compliance with laws, improve operational efficiency, safeguard assets, and ensure accurate financial reporting [1] General Provisions - The company has established an audit committee under the board of directors, consisting of three non-executive directors, with a majority being independent directors [2] - An audit department is set up to supervise business activities, risk management, internal controls, and financial information, reporting directly to the board [2] - The audit department must maintain independence and is not to be under the financial department's leadership [2] Responsibilities and Overall Requirements - The audit department is responsible for evaluating the completeness and effectiveness of internal control systems across the company and its subsidiaries [3] - It conducts audits on the legality and accuracy of financial data and economic activities, including financial reports and voluntary disclosures [3] - The department must report to the audit committee at least quarterly, detailing the execution of the audit plan and any issues found [3] Specific Implementation - The audit department collaborates with external audit units and submits internal audit reports after each fiscal period [4] - It is responsible for evaluating the effectiveness of internal controls and must submit an internal control evaluation report to the board at least annually [5] - The evaluation focuses on significant non-operational financial transactions, investments, asset sales, and related party transactions [5] Information Disclosure - If significant internal control deficiencies or risks are identified, the audit department must report these to the board or audit committee promptly [7] - The company is required to disclose any major internal control issues and the measures taken to address them [7] - The annual internal control evaluation report must include a declaration of its authenticity by the board [7] Supervision and Management of Internal Audit Work - The effectiveness of internal control systems is a key performance indicator for all departments and subsidiaries [8] - Internal auditors demonstrating significant responsibility and performance will be recognized, while those failing in their duties will face disciplinary actions [8] - Any major issues in internal audit work must be reported to the relevant stock exchange [8]

泰瑞机器股份有限公司 内部审计工作制度 （2025 年 8 月修订） 第一章 总则 第一条 为规范泰瑞机器股份有限公司（以下简称"公司"）内部审计工作， 建立健全内部控制体系以及确保有效执行，保障公司及所属子公司生产经营和财 务管理等活动符合国家法律法规规定，根据《审计法》、《企业内部控制基本规 范》、《上海证券交易所股票上市规则》、《泰瑞机器股份有限公司章程》等有 关法律法规，制定本工作制度。 第二条 内部审计要按照国家有关法律规定，根据内部审计准则的要求，通 过独立、客观、公正的审计监督和咨询活动，检查评价业务活动、内部控制和风 险管理的健全性、合法性和有效性，发现问题，提出管理建议，促进企业完善治 理、增加价值和目标实现。 第三条 内部审计的实施对象是泰瑞机器股份有限公司及所属分公司、子公 司、联营公司等（以下简称"所属公司"） 第二章 组织领导 机构设置 人员配备 第四条 公司设立内部审计机构（以下简称"审计部"），对公司业务活动、 风险管理、内部控制、财务信息等事项进行监督检查。审计部对董事会负责，向 董事会审计委员会报告工作。内部审计机构在监督检查过程中，应当接受审计委 员会的监督指导。内部审计机 ...

Core Viewpoint - The report evaluates the ongoing risk management of CRCC Finance Company, a subsidiary of China Railway Construction Corporation, confirming its compliance with regulatory requirements and effective internal controls [1][16]. Group 1: Company Overview - CRCC Finance Company was established on April 18, 2012, with a registered capital of 9 billion RMB, where China Railway Construction Corporation holds a 94% stake [1]. - The company operates under a financial license and is involved in various financial services, including deposit acceptance, loan processing, and financial consulting [2]. Group 2: Internal Control and Governance - The company has established a robust internal control framework, including a board of directors and specialized committees to oversee risk management and compliance [2][4]. - The governance structure includes a risk management committee, audit committee, and strategic investment committee, ensuring clear responsibilities and effective risk oversight [5][6]. Group 3: Risk Management Framework - CRCC Finance Company employs a three-line defense model for risk management, with distinct roles for operational departments, compliance functions, and internal audit [7]. - The company has implemented detailed procedures for credit and investment management, ensuring strict adherence to regulatory standards and internal policies [10][11]. Group 4: Financial Performance - As of June 30, 2025, the company reported total assets of 120.85 billion RMB, total liabilities of 106.40 billion RMB, and a net profit of 536 million RMB [14]. - The financial indicators are within acceptable regulatory limits, indicating a stable financial position without significant risks [14][15]. Group 5: Regulatory Compliance - The company complies with the Enterprise Group Financial Company Management Measures, with no identified violations or significant deficiencies in risk management [16]. - The financial transactions with its parent company and affiliates are conducted at fair prices and follow proper approval processes, ensuring risk control [15][16].