Summary by Moomoo AI
CITIC METAL CO., LTD., HAS PUBLISHED A DETAILED REPORT ON CITIC FINANCIAL CO., LTD.'S RISK MANAGEMENT PLAN. The plan aims to effectively control and prevent the company and its subsidiaries from carrying out financial services while providing financial services to CITIC Finance Limited and to safeguard the safety of the company's funds. At the request of the Shanghai Stock Exchange, the Company established a Risk Prevention Disposal Leadership Task Force, led by the Chairman, to organize risk prevention and disposal work. The task force will be responsible for monitoring and assessing the risks of transactions with financial companies and initiating emergency response procedures where necessary. The plan also includes a range of countermeasures, as well as analysis and summary work after risk flattening. The Risk Disposal Plan was approved by the Board of Directors on 26 March 2024 and entered into force on 26 March 2024.