中国出口信用保险公司 2024年度报告

With regard to the prevention and control of money laundering risks, SINOSURE fully implemented regulatory requirements for anti-money laundering, strictly fulfilled the statutory obligations, resolutely maintained the national financial order and safeguarded the economic security. In terms of preventing and controlling fraud risks, SINOSURE established a fraud risk prevention and control mechanism and developed a multidimensional fraud risk monitoring system based on big data, with behavior monitoring as the primary task and model technology as the core, facilitating high-quality business development. Regarding related-party transactions, the affiliation identification, review, disclosure, and reporting of these transactions were all conducted in compliance with laws and regulations. In 2024, for the purpose of thoroughly implementing the central government’s requirements on prevention and resolution of major financial risks, SINOSURE strengthened bottom-line and systematic thinking, and coordinated business development and risk prevention and control. Bearing in mind the ”sound, prudent, compliant and comprehensive” risk management philosophy, we focused on the balanced development of capital, risks and returns, ensuring regulatory compliance and prudent operations. Through full-process, multidimensional risk prevention and defusing, we ensured effectiveness of risk management and control and strictly safeguarded the bottom line of no occurrence of systemic risks. All risk appetite indicators met the threshold requirements, and the seven major categories of risks proved to be under control: Insurance risk The insurance risk was controllable overall, showing structural characteristics. Market risk Indicators of market risk l imits were maintained within the required regulatory and corporate thresholds. Investment operations were carried out prudently and stably. Credit risk The access threshold of credit assets rating was high, and no credit default occurred throughout the year. Operation risk The operational risk was generally controllable, with core indicators, such as the number of new operational risk events and the loss amount of operational risk, all kept within the controllable range. All business activities and management were under good condition. Strategic risk No major strategic risk events occurred. The strategic plan was made scientifically and reasonably and well implemented. Policy functions were further highlighted. Reputation risk No incidents that have significantly and adversely affected the Company’s reputation or generated major reputation risks have been identified, and the overall reputation risk is under control. Liquidity risk Our liquidity monitoring ratio was higher than that specified in the regulatory requirements. The liquidity of investment assets was strong and sound. 37 CHINA EXPORT & CREDIT INSURANCE CORPORATION ANNUAL REPORT 2024