Zhuhai HUAFA Group Finance Co., Ltd
2021 annual risk continuous assessment report
In accordance with the requirements of Shanghai Stock Exchange's self regulatory guidelines for listed companies No. 5 - transactions and related party transactions, Huafa Industrial Co.Ltd.Zhuhai(600325) (hereinafter referred to as "the company") reviewed the balance sheet, income statement, cash flow statement Regular financial reports of the financial company including the statement of changes in owner's equity, understand the dynamics of the internal control and risk supervision indicators of the financial company, and evaluate the business qualification, business and risk status of the financial company. The specific situation is reported as follows:
1、 Basic information of finance company
Finance company is a non bank financial institution established with the approval of Bank Of China Limited(601988) industry supervision and Administration Commission to provide financial management services for Zhuhai HUAFA Group Co., Ltd. (hereinafter referred to as "HUAFA group") and its member units. It was approved to prepare for establishment on February 8, 2013 and obtained the opening Reply of Bank Of China Limited(601988) industry supervision and Administration Commission on September 4 of the same year (YJF [2013] No. 459), The financial license (license No.: 00367142) was obtained on September 6 of the same year, the industrial and commercial registration was handled and the business license (Registration No.: 440003 Shenzhen Zhongheng Huafa Co.Ltd(000020) 370) was obtained on September 9 of the same year, and the initial registered capital was RMB 1 billion.
On September 15, 2015, the finance company renewed its business license (Unified Social Credit Code: 914404 Xinxing Ductile Iron Pipes Co.Ltd(000778) 8756xy).
On November 29, 2016, the finance company increased its capital to RMB 1.5 billion. On February 6, 2018, the finance company increased its capital to RMB 2 billion.
On January 15, 2021, the finance company renewed the financial license (license No.: 00370170) due to the change of registration place, and renewed the business license (Unified Social Credit Code: 914404 Xinxing Ductile Iron Pipes Co.Ltd(000778) 8756xy) on April 21 of the same year.
On September 23, 2021, the finance company renewed the new version of financial license (license No.: 00971815) according to the regulatory requirements; On December 14 of the same year, the shareholders of the finance company changed and the business license was renewed (Unified Social Credit Code: 914404 Xinxing Ductile Iron Pipes Co.Ltd(000778) 8756xy).
Legal representative: Xu Jili
Registered address: 26th floor, Hengqin international financial center building, cross gate Central Business District, Hengqin new area, Zhuhai
Registered capital: 2 billion yuan
Enterprise type: other limited liability companies
The equity structure is as follows:
Name of shareholder contribution amount (RMB contribution ratio)
(10000 yuan)
Zhuhai HUAFA Group Co., Ltd. 6 Fawer Automotive Parts Limited Company(000030) %
Zhuhai Huachuang Investment Management Co., Ltd. 4 Shenzhen Zhongheng Huafa Co.Ltd(000020) %
Zhuhai HUAFA trading Holding Co., Ltd. 4 Shenzhen Zhongheng Huafa Co.Ltd(000020) %
Zhuhai cross gate CBD Construction Holding Co., Ltd. 2 Shenzhen Ecobeauty Co.Ltd(000010) %
Huafa Industrial Co.Ltd.Zhuhai(600325) 20,000 10%
Zhuhai HUAFA Investment Holding Group Co., Ltd. 2 Shenzhen Ecobeauty Co.Ltd(000010) %
Total 2 Ping An Bank Co.Ltd(000001) 00%
Business scope: handle financial and financing consulting, credit assurance and related consulting and agency business for member units; Assist member units to realize the receipt and payment of transaction funds; Approved insurance agency business; 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; Securities investment, etc; Other financial businesses approved by Bank Of China Limited(601988) Industry Regulatory Commission. (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments)
2、 Internal control of finance company
(I) control environment
In accordance with the provisions of its articles of association, the finance company has established the board of shareholders, the board of directors, the board of supervisors and other governance institutions, and formulated the rules of procedure of the shareholders' meeting, the rules of procedure of the board of directors, the rules of procedure of the board of supervisors and other systems to clarify the rights and responsibilities of the governance.
Under the board of directors, there are risk management committee, audit committee, information technology management committee and investment decision-making committee, which are respectively responsible for reviewing the work planning, basic systems and other major matters related to risk management, audit, information technology and investment decision-making, regularly assessing relevant risks and putting forward countermeasures.
The operation management is responsible for the specific implementation of the company's daily operation and management, and exercises its functions and powers within the scope of authorization in accordance with laws, regulations and the articles of association. Under the general manager's office meeting, there are professional committees such as credit review committee, asset liability and interest rate management committee and Investment Review Committee to consider major matters related to business within the scope of authorization of the general manager's office meeting.
The finance company has set up ten departments: settlement business department, credit business department, capital business department, financial management department, risk management department, audit management department, comprehensive management department (including human resources function), innovation and development department, investment business department and information technology department, which are respectively responsible for the development of different businesses and providing logistics management support.
The finance company has continuously improved the construction of internal control system, put the standardized operation, prevention and resolution of financial risks in the first place of all work, strengthened the professional ethics and professional quality of employees through training and education, established, consolidated and improved the risk prevention awareness of employees, established rules and regulations covering all businesses and internal management, and formed an internal control system of pre prevention, in-process control and post supervision and correction.
The financial company has sound governance structure, standardized management and operation, and established an organizational structure with reasonable division of labor, clear responsibilities, mutual checks and balances and clear reporting relationship. The organization chart is as follows:
(II) risk identification and assessment
The finance company has established a sound internal control management system, formulated the comprehensive risk management measures, the five level classification management measures for asset risk, and the working measures for reporting major events and important information. The management of the company organizes the implementation of the internal control system, and each business department has formulated applicable standardized business processes, operation specifications and risk prevention measures according to the business attributes and risk characteristics The operation management shall regularly identify and evaluate the operation and management risks and formulate countermeasures.
(III) important control activities
1. Settlement business control
(1) Based on the principle of standardized management, the finance company has formulated the settlement business management measures, the settlement business operation procedures, the settlement account management measures, the online settlement management measures, the important blank voucher management measures, the RMB current deposit management measures, the fixed deposit management measures, the notice deposit management measures, the structural deposit business management measures and the agreement deposit management measures Settlement business systems such as the emergency management measures for business management system failure, the management measures for registration and query of paper commercial bills, the management measures for E-commercial bill business and the emergency management plan for the operation of e-commercial bill system clarify the operation norms and control standards of settlement business and effectively prevent relevant business risks.
(2) The finance company has prepared the post description of the settlement business department, defined the work responsibilities, authorities and reporting routes of each post, and established a risk management mechanism from pre prevention, in-process control to post supervision of each business link, such as double review system, post backup mechanism, post supervision link, large payment confirmation system and reconciliation system.
2. Capital business control
(1) The finance company has formulated the fund position management measures, fund management measures, fund plan management measures, RMB fund certification business management measures, interbank deposit management measures, interbank deposit operation procedures, interbank deposit business management measures, interbank deposit business operation specifications, interbank credit management measures, interbank lending management measures and interbank lending operation procedures The measures for the administration of interbank certificate of deposit business and other capital business management measures and operation processes have effectively prevented relevant business risks. (2) In order to prevent liquidity risk, the finance company pays close attention to the actual use and income of the group and member units, analyzes the fund trend, timely adjusts and plans the use of funds, and does a good job in position management to ensure the fund demand of member units; In the operation of fund deposit business, a interbank inquiry system has been established to review level by level and control fund risk.
3. Credit business control
(1) Finance companies carry out credit business in strict accordance with regulatory requirements. Establish a loan management system with separate examination and approval and graded examination and approval, It has formulated the rules of procedure of the credit review committee, the measures for the management of the credit business of the member units, the administrative measures for self operated loans, the management method of entrusted loan business, the management measures for the basic database of enterprise credit information, the administrative measures for enterprise credit reporting business, the management measures for fixed assets loans, the administrative measures for pre credit investigation, the management of commercial draft acceptance, and the administrative measures for the discounting commercial bills of exchange. Measures for the administration of bill rediscount business, measures for the administration of commercial bill rediscount business, measures for the administration of bill repurchase, measures for the administration of credit business archives, measures for the administration of real estate development loans, credit compliance and information security self inspection and self correction system, credit risk emergency plan, measures for the administration of M & a loan business and measures for the administration of financial business extending the industrial chain Credit business systems and rules such as the measures for the administration of factoring business in China of extended industrial chain finance, the measures for the administration of discount business of commercial bills of extended industrial chain finance, the measures for the administration of guarantee business, the measures for the administration of credit guarantee, the provisions on the administration of mortgage and pledge warrants, and the operating rules for customer credit rating.
(2) The finance company determines the review procedure and approval authority according to the loan scale, type, term and guarantee conditions, and reviews and approves the loan in strict accordance with the procedure and authority. The finance company has established and improved the work responsibilities of the credit department and credit posts. The post setting of the credit department has a reasonable division of labor and clear responsibilities.
4. Investment business control
(1) In order to meet the needs of investment business, the finance company has formulated the rules of procedure of the investment decision-making committee and the rules of procedure of the investment review committee to clarify the responsibilities and authorities of the investment decision-making committee and the Investment Review Committee; The measures for the management of underwriting business, the measures for the management of securities investment and securities repurchase business, the measures for the management of securities underwriting business, the measures for the management of risk prevention of securities investment units, the measures for the management of securities repurchase business, and the measures for the management of risk prevention of securities investment units.
(2) The finance company has established and improved the responsibilities and authorities of the investment business department, determined the investment decision-making procedures and approval authorities, and implemented them in strict accordance with relevant regulations.
5. Internal audit control
The finance company implements a supervision and inspection system combining daily audit and internal audit, The company has formulated internal control management measures, internal control evaluation management measures, case accountability management measures, accountability management measures for violations and dereliction of duty of senior executives, discipline inspection system (Trial), management measures for case prevention and control, implementation measures for evaluation of case prevention and control work, employee behavior compliance manual and evaluation measures of the board of supervisors on the performance of directors, supervisors and senior executives The management measures for internal audit, the management measures for criminal cases, the management measures for self-assessment of money laundering and terrorist financing risks and other systems conduct daily audit and internal audit on the company's operation and management activities. The audit management department shall be responsible for the daily audit and internal audit of the financial company, and supervise and inspect the implementation of the company's internal control and the legality, compliance, safety, accuracy and effectiveness of the company's operation and management activities.
6. Information system control
(1) The finance company has formulated information system security management system, information system authorization operation management measures, data management measures, data backup management measures, computer room management measures, information system emergency management measures, network information system security emergency response plan, network management measures, information project management measures and information system change management measures Information system management systems such as information system outsourcing management measures, information system operation management measures, rules of procedure of information technology management committee, emergency plan for information technology outsourcing services, standardize the use of terminal equipment, and establish an effective mechanism for information classification, protection system and unified authorization. Formulate backup strategies for different systems, establish a backup management system, realize the automation of data backup and ensure the security of the company's information. The finance company shall organize data recovery drills irregularly to verify the correctness of data recovery process and the effectiveness of backup data.
(2) The financial company network realizes the physical isolation between the business network and the office network, and implements the special machine. Different logical areas are reasonably divided in the business network, and corresponding security equipment or access control strategies are deployed. The company has no information security events caused by improper network area division and inadequate prevention and control measures.
3、 Operation management and risk management of finance company
(I) operation
As of December 31, 2021, the total assets of the finance company are 5800272 million yuan and the net assets are Zhongxing Tianheng Energy Technology (Beijing)Co.Ltd(600856) million yuan; In 2021, the operating income was 216327 million yuan and the net profit was 893.42 million yuan.
(II) management
Since its establishment, the finance company has always adhered to the principle of steady operation and strictly followed the company law of the people's Republic of China
