Be responsible for formulating systematic systems, processes and methods according to the acceptable risk level determined by the board of directors, taking corresponding risk control measures, and ensuring the effective performance of various responsibilities of internal control;
The board of supervisors consists of six supervisors, including one chairman of the board of supervisors and two employee supervisors. The board of Directors consists of five special committees: Strategic Management Committee, compensation and assessment committee, risk management committee, securities investment decision-making committee and audit committee.
The management is appointed by the board of directors and is fully responsible for the daily work of the company. It organizes and implements the resolutions of the board of directors through 13 functional departments, including the general management department (Office of the board of directors), the party masses work department, the capital planning department, the customer business department, the settlement service department, the financial market department, the financial management department, the risk management department (legal compliance department), the discipline inspection and supervision department (audit department) and the information technology department.
Each department is the executive department for the construction and implementation of internal control. It is responsible for the construction, implementation and maintenance of its own internal control. According to the principle of "who is in charge of business work and who is responsible for internal control", it determines the contact person for internal control, defines the division of labor, implements responsibilities and jointly promotes.
Engage in interbank lending;
Issue financial corporate bonds upon approval;
Underwriting corporate bonds of member units;
Equity investment in financial institutions;
Portfolio investment.
In 2021, the company reviewed 32 new or revised systems according to the annual system revision plan.
(II) risk assessment
China Nuclear Finance Corporation has formulated a sound internal control management system and a comprehensive risk management system, and set up a risk management committee under the board of directors, which is responsible for formulating risk management policies and supervising and evaluating the overall risk situation and risk management activities of the finance company in accordance with the authorization of the board of directors; The risk management department of China Nuclear Finance Corporation shall regularly report the risk management to the board of directors every year and submit special reports on risk management to Beijing Banking Regulatory Bureau in accordance with regulatory requirements; An audit and supervision department shall be established to supervise and audit the operation of the risk management system and the risk status of business activities of CNNC finance. Each business department shall formulate corresponding standardized operation procedures, operation standards and risk prevention measures according to each business. Each department shall separate responsibilities and supervise each other, and predict, evaluate and control various risks in business operation.
(III) control activities
Control activities are the main content of internal control construction. In order to effectively control various risks, CNNC finance has formulated the implementation plan for the integration and construction of risk and internal control system, established a relatively perfect internal control system, and formed the internal control manual of CNNC Finance Co., Ltd. (2019 Edition), which covers 26 main business and management matters, 165 end-level processes, 385 key control points and 140 flow charts.
Since then, the internal control construction of CNNC finance company has stepped into a benign track of self-improvement, continued to explore the integration of internal control system and daily management, and has formed a closed-loop management mechanism of "internal control construction - internal control evaluation - internal control improvement". CNNC finance organizes the revision of some processes every year according to the problems found in the implementation and the defects found in the internal control evaluation.
(IV) overall evaluation of internal control
The corporate governance structure of CNNC finance is standardized, and the internal control system is sound and effectively implemented. China Nuclear Finance Corporation has well controlled the capital security risk in terms of capital management; The credit risk control procedures have been set up to control the credit risk; In terms of investment, we have formulated the corresponding internal control system for investment decision-making, carried out investment business carefully, and can better control investment risks. In terms of management, CNNC finance adheres to prudent operation and compliance operation, the implementation of internal control system is effective, and the risk is controlled at a reasonable level. 3、 Operation management and risk management
(I) operation
After consulting the financial statements of China Nuclear Finance Corporation, as of December 31, 2020, the cash and deposits with the central bank were 4.655 billion yuan; RMB 19.283 billion deposited with other banks; CNNC Finance Corporation realized a net interest income of 1.453 billion yuan, a total profit of 1.667 billion yuan and a net profit after tax of 1.293 billion yuan.
(II) management
Since its establishment, CNNC finance has always adhered to the principle of sound operation, and continuously standardized its business behavior and continuously 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 accounting system of financial enterprises, the measures for the administration of financial companies of enterprise groups, relevant national financial regulations and rules and its articles of association.
(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 CNNC financial company have met the specified requirements.
(IV) business transactions
As of February 28, 2022, the balance of deposits of the company and its subsidiaries in China Nuclear Finance Corporation was 4.006 billion yuan, and the balance of various loan businesses was 9.515 billion yuan.
4、 Risk assessment opinions
1. CNNC finance has legal and valid business license for enterprise legal person and financial license.
2. CNNC finance company was not found to have violated the provisions of the measures for the administration of enterprise group financial companies issued by Bank Of China Limited(601988) industry supervision and Administration Commission. 3. Since its establishment, CNNC finance has operated 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, and the measures for the administration of enterprise group financial companies. There are no major defects in the risk management of CNNC Finance.
At present, the risks of related deposit, loan and other financial businesses between the company and CNNC finance company are controllable.
China Nuclear Engineering & Construction Corporation Limited(601611) April 7, 2022
