INFORMATION ON JCC FINANCIAL Sample Clauses

INFORMATION ON JCC FINANCIAL. JCC Financial is a non-bank financial company approved by the CBRC. JCC Financial was established with a view to provide an efficient centralized financial management services for both the Group and JCC Group. JCC Financial is owned as to 89% by the Company and its wholly-owned subsidiary, Jiangxi Copper Products, and as to 11% by BOCGI. The operations of JCC Financial are subject to the on-going supervision of the PBOC and the CBRC. The principal business of JCC Financial comprises providing its member entities with financial and financing consultations, credit authentication and related consultations, and agency business; assisting its member entities in transaction payments; engaging in approved insurance agency business; providing guarantees to its member entities; handling acceptance of bills and discounted notes, internal transfer settlement and relevant settlement and designing settlement plan for its member entities; provide deposit, loan and finance lease services for its member entities; engaging in inter-bank lending and handling entrusted loan and investment between its member entities. As of 31 December 2015, the audited net assets of JCC Financial attributable to the parent company was RMB2,418,220,000, and the net profit for the year attributable to the parent company was RMB309,650,000. The operating income and net profit in 2016 were RMB345,800,000 and RMB279,290,000 respectively.
Sample 1
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INFORMATION ON JCC FINANCIAL. JCC Financial is a wholly-owned subsidiary of the Company and is located in Xx. 000, Xxxx Xxxxx Xxxx, Xxxxxxxx Xxxx, Xxxxxxx Xxxxxxxx, xxx XXX. It was established on 8 December 2006 and has a registered capital of RMB2,600 million. Its legal representative is Xx. Xx Xxxx. The principal business of JCC Financial comprises providing the members of the JCC Group and members of the Group (collectively referred to as the Member Entities) with financial and financing consultations, credit authentication and related consultations, and agency business; assisting the Member Entities to collect and pay the amount of transactions; engaging in approved insurance agency business; providing guarantees to the Member Entities; handling of the entrusted loans and entrusted investment among the Member Entities; handling acceptance and discounts of notes, internal transfer and relevant settlement and designing of settlement plan for the Member Entities; providing deposit, loan and finance lease services for the Member Entities; engage in inter-bank lending; issuing approved bonds of JCC Financial; underwriting corporate bonds of Member Entities; equity investment in financial institutions; and investment in marketable securities (operation activities for the above projects which require approval in accordance with the law shall only be carried out with the approval of relevant departments). As of 31 December 2020, the audited total assets and net assets of JCC Financial were RMB20,766.65 million and RMB3,676.80 million respectively. From January to December 2020, the realised operating income and net profit of JCC Financial were RMB463.08 million and RMB302.28 million respectively. As of 30 April 2021, the unaudited total assets and net assets of JCC Financial were RMB 17 , 414 . 81 million and RMB 3 , 789 . 34 million respectively. From January to April 2021, the realised operating income and net profit of JCC Financial were RMB160.58 million and RMB112.54 million respectively.
Sample 1
INFORMATION ON JCC FINANCIAL. JCC Financial is a wholly-owned subsidiary of the Company and is located in Xx. 000, Xxxx Xxxxx Xxxx, Xxxxxxxx Xxxx, Xxxxxxx Xxxxxxxx, xxx XXX. It was established on 8 December 2006 and has a registered capital of RMB1,000 million. Its legal representative is Xx. Xx Xxxx. The principal business of JCC Financial comprises providing the member entities of the Group with financial and financing consultations, credit authentication and related consultations, and agency business; assisting the member entities of the Group to collect and pay the amount of transactions; engaging in approved insurance agency business; providing guarantees to the member entities of the Group; handling of the entrusted loans and entrusted investment among the member entities of the Group; handling acceptance and discounts of notes, internal transfer and relevant settlement and designing settlement plan for the member entities of the Group; provide deposit, loan and finance lease services for the member entities of the Group; engage in inter-bank lending ; approved issuance of bonds of JCC Financial; underwriting of corporate bonds of member entities of the Group; equity investment in financial institutions; and investment in marketable securities (operation activities for the above projects which require approval in accordance with the law shall only be carried out with the approval of relevant departments). As of 31 December 2018, the audited total assets and net assets of JCC Financial were RMB 17, 793. 98 million and RMB 3, 087 . 93 million, respectively. The audited operating income and net profit of JCC Financial for the year ended 31 December 2018 were RMB529.24 million and RMB324.86 million, respectively.
Sample 1

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