As for the risk continuous assessment report (Revised Version) of Aerospace Science and Industry Finance Co., Ltd., according to the requirements of Shanghai Stock Exchange's self regulatory guidelines for listed companies No. 5 - transactions and related party transactions, Aisino Corporation(600271) (hereinafter referred to as " Aisino Corporation(600271) " or "company") checked the business license and financial license of Aerospace Science and Industry Finance Co., Ltd. (hereinafter referred to as "finance company"), And reviewed the regular financial reports of the financial company, including the balance sheet, income statement and cash flow statement, and evaluated its business qualification, business and risk status. The specific situation is reported as follows:
1、 Basic information of finance company
Aerospace Science and Industry Finance Co., Ltd. is a non bank financial institution approved by Bank Of China Limited(601988) Insurance Regulatory Commission (financial license No.: l0009h211 Ping An Bank Co.Ltd(000001) ) and registered with Beijing municipal market supervision and Administration Bureau (Unified Social Credit Code: 91110 Berry Genomics Co.Ltd(000710) 9288907), which is subject to the supervision and administration of the CBRC according to law.
Registered address: 12 / F, block B, No. 116, Zizhuyuan Road, Haidian District, Beijing
Registered capital: RMB four billion three hundred eighty-four million eight hundred and ninety thousand
Legal representative: Wang Houyong
Date of establishment: October 10, 2001
Business scope: handle financial and financing consulting, credit assurance and related consulting and agency business for member units; Approved concurrent insurance agency business; Assist member units to realize the receipt and payment of transaction funds; Provide guarantee to member units; Handle entrusted loans and entrusted investment between member units; Handle bill acceptance and discount for member companies; Handle the internal transfer settlement between member units and the corresponding settlement and clearing scheme design; Absorbing deposits from member units; Handle loans and financial leases for member units; Engage in interbank lending; Underwriting corporate bonds of member units; Equity investment in financial institutions; Securities investment; Buyer's credit and financial leasing of products of member units. (market entities shall independently choose business projects and carry out business activities according to law; projects that must be approved according to law shall carry out business activities according to the approved contents after being approved by relevant departments; they shall not engage in business activities of projects prohibited and restricted by national and municipal industrial policies.)
2、 Internal control of finance company
(I) control environment
In accordance with the provisions of the company law and its articles of association, the finance company establishes a three-tier governance structure. The highest authority is the shareholders' meeting, under which there are the board of directors and the board of supervisors. The shareholders' meeting is the highest decision-maker of the finance company. The board of directors is responsible for the major decisions of the finance company and is responsible to the shareholders' meeting. The financial company has clearly defined the responsibilities of the board of directors, the board of supervisors and the senior management in internal control, forming a corporate governance structure in which the board of shareholders, the board of directors, the board of supervisors and the management take their respective responsibilities, standardize operation and check and balance each other.
(II) risk identification and assessment
The finance company has formulated the provisions on comprehensive risk management. The overall objective of its internal risk control is to establish and improve the internal risk control system, implement effective risk management, cultivate risk management culture, reasonably ensure the legal compliance of operation and management, asset safety, authenticity and integrity of financial reports and relevant information, improve operation efficiency and effect, and provide guarantee for the realization of the strategic objectives of the finance company. The finance company has established a risk internal control organization system based on "three lines of defense", that is, each business department is the first line of defense; The legal and risk management department is the second line of defense; The discipline inspection and audit department is the third line of defense. The division of responsibilities among departments and posts is clear, and the reporting relationship at all levels is clear. Through the reasonable setting of departments and post responsibilities, a risk control mechanism of mutual supervision and restriction between departments and posts is formed.
(III) control activities
1. Credit guarantee business management
The loan object of the finance company is limited to the member units of China Aerospace Science and Industry Group Co., Ltd. The finance company has formulated the measures for the administration of credit guarantee, the measures for the administration of commercial bill discount business, the measures for the administration of commercial bill acceptance business, the measures for the administration of electronic commercial acceptance bill guarantee business and other systems to standardize the operation process of various credit businesses of the finance company.
The finance company has made unified and clear provisions on different credit guarantee processes and management requirements such as guarantee guarantee, mortgage guarantee, pledge guarantee and margin, and the handling of guarantee follows the principles of equality, voluntariness, fairness and integrity; The acceptance and discount business of commercial bills shall be handled in accordance with the principle of "unified credit granting, separation of loan approval, hierarchical approval and clear responsibilities and rights".
2. Fund business management
The finance company has formulated regulations on fund management and other systems to standardize the fund management of the finance company. The fund management of the financial company shall follow the following principles: (1) safety principle. Ensure the safety of funds by standardizing the control of capital accounts, effectively granting credit to cooperative interbank institutions, embedding risk control into capital business processes, etc. (2) Liquidity principle. Strengthen the management of capital position, improve the efficiency of capital allocation and ensure that the requirements of capital liquidity are met. (3) Principle of efficiency. On the premise of meeting regulatory requirements and strictly controlling risks, strive to improve the level of capital return through rational allocation and operation of funds.
3. Investment business management
The finance company has formulated the measures for the administration of securities investment business. The investment business mainly includes new share subscription, stock secondary market investment, private placement investment, fund investment, bond investment, asset management product investment, trust product investment, bank financial product investment and national debt reverse repurchase business (excluding equity investment business). The securities investment business of the finance company follows the following principles: (1) standardized operation The principle of risk prevention. The development of securities investment business shall strictly abide by relevant laws, regulations and systems, follow the requirements of "checks and balances, independence and timeliness", carefully select and standardize operation.
(2) The principle of teamwork, division of labor and responsibility. Emphasize the overall cooperation consciousness of the investment team, and clarify the main principals of various securities investment businesses, be responsible for the research and coordination in their business fields, and enjoy the decision-making authority within the scope of authorization. (3) The principle of Hierarchical Authorization and level by level decision-making. The decision-making authority of securities investment is divided level by level according to different levels of business authorization.
4. Audit management
The finance company has formulated internal control audit systems such as internal audit articles of association, improved the internal audit system, clarified the responsibilities and authorities of internal audit, and standardized the internal audit work. The objective of internal audit is to promote the implementation of relevant national economic and financial laws and regulations, guidelines and policies, rules and regulations of regulatory institutions, provisions of the group company and internal systems of the financial company; Promote the finance company to establish and continuously improve effective risk management, internal control and compliance and corporate governance structure; Supervise and urge relevant audit objects to perform their duties effectively and jointly achieve the strategic objectives of the financial company.
5. Information system management
The finance company has formulated the application system operation management measures and system use management measures to standardize the daily management of the application system, clarify the operation and maintenance process and responsibilities, ensure the safe, stable and efficient operation of the application system, the business operation process of employees in each department, and clarify the computer operation authority of the business system. The application system clearly defines the application and approval process of the use authority of each department and the authority of each post, Ensure the standardized operation of the system and effective risk control.
The current information system of the financial company mainly includes settlement module, credit module, capital module, accounting module, etc. The financial company's system is controlled by user password, and the system administrator is responsible for authority allocation. In terms of the system background database, the system personnel can log in to the system database for operation after approval, which has a high guarantee for the security of the database; In terms of hardware equipment, the system host is stored separately and managed uniformly. It can only be entered after approval and accompanied by system management personnel, which improves the security. The finance company has realized the fund hierarchical approval function in the business system, that is, the fund payment approval according to the authority is realized according to the fund amount and payment type, which effectively ensures the safety of fund payment.
6. Settlement business
The finance company has formulated the management measures for settlement business, which clearly stipulates the fund transfer transactions related to the purchase and sale of goods, labor supply, fund allocation and other economic matters of group member units by transfer. The financial company shall follow the following principles in carrying out settlement business: abide by credit and perform payment; Do not advance funds; Free access and confidentiality for customers; Deposit before use, no overdraft is allowed.
(IV) overall evaluation of internal control
The internal control system of the finance company is complete and implemented effectively. In terms of fund management, the risk is well controlled; In terms of credit business and investment business, corresponding risk control procedures have been established to control the overall risk at a reasonable level.
3、 Operation management and risk management of finance company
(I) operation
As of December 31, 2021, the balance of deposits and interbank deposits of the finance company was 160906052 million yuan, the balance of loans and advances issued was 105692373 million yuan, the total assets was 1 Chengdu Jouav Automation Tech Co.Ltd(688070) 665 million yuan, and the owner's equity was 70980213 million yuan. In 2021, the operating income was 3081678500 yuan and the net profit was 1068170800 yuan. The overall operation condition was good. (this data is the preliminary audit data of the finance company, which has not been reviewed and approved by the relevant decision-making body for the time being)
(II) management
Since its establishment, the finance company has always adhered to the principle of sound operation, standardized its business behavior and strengthened its internal management in strict accordance with the company law of the people's Republic of China, the law of the people's Republic of China on banking supervision and administration, the measures for the administration of financial companies of enterprise groups, the measures for the implementation of administrative licensing of non bank financial institutions, relevant national financial laws and regulations and the articles of association of the finance company. According to the understanding and evaluation of the financial company's risk management, as of December 31, 2021, no major defects have been found in the capital, credit, audit, information management and other risk control systems related to the financial statements.
(III) regulatory indicators
According to the measures for the administration of financial companies of enterprise groups, as of December 31, 2021, all regulatory indicators of financial companies have met the specified requirements.
4、 Aisino Corporation(600271) deposits and loans in finance company
As of December 31, 2021, the balance of the company's deposits in the finance company is about 58661959 million yuan, and the balance of deposits in other banks is about 1993189600 yuan; The loan balance in the finance company is about 642 million yuan, and the loan balance in other banks is about 2 Beijing Sun-Novo Pharmaceutical Research Co.Ltd(688621) million yuan. In 2021, the company reasonably and orderly arranged the operating expenses, and the deposit security and liquidity in the finance company were good, and there was no delay in payment due to the insufficient cash position of the finance company.
5、 Risk assessment opinions
Based on the above judgment, Aisino Corporation(600271) believes that the financial company has legal and effective financial related business qualifications, and has established a relatively complete and reasonable internal control system, which can better control risks. Since its establishment, the finance company has operated in strict accordance with the requirements of the measures for the administration of financial companies of enterprise groups issued by Bank Of China Limited(601988) insurance supervision and Administration Commission. All regulatory indicators comply with the provisions of the measures, and there are no major defects in risk management. The security and liquidity of the company's deposits in the finance company are good, and the finance company provides the company with a good financial service platform and credit line support. The risks of related deposits and loans and other financial businesses between the company and the finance company are controllable.
March 30, 2022
