Summary by Futu AI
On August 30, 2024, Yankuang Energy released a risk assessment report on Shandong Energy Group Financial Co., Ltd. for the first half of 2024. The report shows that the financial company is in good operation with no significant risk events, and all business operations are normal, and regulatory indicators meet regulatory requirements. The financial company's risk prevention and control management mechanism includes three lines of defense and has established an independent comprehensive risk management organizational structure. In addition, the financial company's liquidity risk is properly controlled, credit risk management is effective, and operational risk, market risk, and legal risk are all under control. Yankuang Energy Group Co., Ltd. is the largest shareholder of the financial company, with a shareholding ratio of 53.92%.