中交地产2025年度内部控制评价核查意见出炉——内部控制体系稳健，暂无重大缺陷

2025年9月，中国国际金融股份有限公司（中金公司）作为中交地产股份有限公司（中交地产）非公开发行股票的保荐机构，发布了对中交地产2025年度内部控制评价报告的核查意见。报告全文详尽披露了公司内部控制体系的现状、自我评估、缺陷认定标准及核查结论，内容对投资者和市场均具有参考价值。

一、报告亮点与关键信息

• 内部控制体系健全，未发现重大缺陷——截至内部控制评价报告基准日，中交地产在财务报告及非财务报告领域均未发现重大缺陷，公司内部控制体系在所有重大方面保持有效。
• 内部控制覆盖范围广泛——纳入评价范围的单位资产总额占公司财务报表资产总额的83.44%，营业收入占比95.28%。重点覆盖资金管理、销售、采购、合同管理等高风险领域。
• 缺陷认定标准严格——报告详细披露了对财务报告和非财务报告内部控制缺陷的定量、定性认定标准，确保评价的科学性与权威性。
• 内部控制持续有效——报告期内及报告基准日至报告发出日期间，未发生影响内部控制有效性评价结论的因素。
• 历史会计差错已说明不构成重大缺陷——2025年第三季度报告中的会计差错仅为财务报表列报层面修正，不影响公司整体财务状况和实际业务。
• 保荐机构认可内部控制成效——中金公司认为中交地产的内部控制制度符合相关法规及证券监管要求，自我评价报告真实、客观地反映了现状。

二、对投资者和股东的重要提示

• 内部控制体系稳健，降低风险——健全的内部控制体系有助于保障公司经营合规、资产安全，为公司持续发展和战略目标实现提供保障。这是投资者关注公司长期价值的重要信号。
• 无重大财务及非财务缺陷——报告期内无重大内部控制缺陷，对公司财务信息的真实性、合规性形成利好，有助于增强投资者信心。
• 历史会计差错对业绩无实质影响——2025年第三季度报告会计差错仅涉及科目调整，不影响净利润、营业收入及归属于上市公司股东的权益总额，对公司基本面无重大影响。
• 监事会相关变动——公司已通过相关会议决议，未来不再单独设立监事会，相关职权由董事会审计与风险委员会行使。此举符合最新公司治理趋势，但投资者仍需关注治理结构调整对监督机制的长期影响。

三、潜在影响及价格敏感事项分析

本次内部控制评价及核查报告未发现重大内部控制缺陷，也未有任何财务造假、舞弊或系统性风险暴露。对于投资者而言，健全的内部控制体系有助于维护公司价值，增强市场信心，理论上可对公司股价形成正面支撑。此外，历史会计差错已被澄清不会对业绩造成实质负面影响，短期内不构成股价利空。公司治理结构调整虽为行业趋势，但后续执行情况值得持续关注。

四、结论

综合来看，中交地产2025年度内部控制评价及核查意见显示公司治理和风险管理水平稳健，内部控制体系健全，报告未发现任何可能对公司经营或财务状况构成重大负面影响的事项。对投资者而言，内部控制稳健是公司长期价值实现的重要基石，当前无价格敏感或重大利空事项披露。

免责声明： 本文基于公开信息整理，仅供投资者参考，不构成任何投资建议。投资有风险，入市需谨慎。

English Version

CCCG Real Estate 2025 Internal Control Evaluation Released – Robust Control System, No Major Deficiencies Found

In September 2025, China International Capital Corporation (CICC), as the sponsor for the non-public issuance of shares by CCCG Real Estate Co., Ltd. (CCCG Real Estate), released its verification opinion on the company’s 2025 internal control evaluation report. The full report provides detailed disclosures on the status, self-assessment, deficiency identification standards, and verification conclusions of the company’s internal control system. This information is of high reference value for investors and the market.

I. Key Highlights and Information

• Sound internal control system, no major deficiencies – As of the evaluation base date, CCCG Real Estate found no major deficiencies in either financial or non-financial reporting internal controls. The system remains effective in all material respects.
• Wide coverage of internal control evaluation – The scope includes units representing 83.44% of total assets and 95.28% of total operating revenue, with a focus on high-risk areas such as fund management, sales, procurement, and contract management.
• Stringent deficiency identification standards – The report discloses detailed quantitative and qualitative criteria for both financial and non-financial reporting internal control deficiencies, ensuring scientific and authoritative evaluation.
• Internal controls remain effective – No changes affecting the effectiveness conclusion occurred between the evaluation base date and the report issuance date.
• Historical accounting error clarified as non-material – The Q3 2025 accounting error was merely a classification correction, without impact on revenue, net profit, or shareholders’ equity.
• Sponsor acknowledges control effectiveness – CICC affirms that CCCG Real Estate’s internal controls meet regulatory requirements and that self-evaluation reports truthfully and objectively reflect the actual situation.

II. Important Information for Investors and Shareholders

• Robust controls reduce risk – A strong control system ensures compliance, asset safety, and supports strategic goals, which is a positive sign for long-term value.
• No major deficiencies found – No major deficiencies were identified during the period, supporting the authenticity and compliance of financial disclosures and boosting investor confidence.
• Historical accounting error not material – The Q3 2025 error involved only subject adjustments, with no impact on key financial figures or company fundamentals.
• Changes in supervisory structure – The company will no longer have a separate supervisory board; its functions will be assumed by the Audit and Risk Committee under the Board. While this aligns with governance trends, investors should monitor the long-term effects on oversight.

III. Potential Impact and Price Sensitivity Analysis

The evaluation and verification report found no major deficiencies or systemic risks, nor any signs of fraud. For investors, robust internal controls support company value and market confidence, theoretically providing positive price support. The historical accounting error clarification removes short-term uncertainty, while the governance structure adjustment warrants ongoing observation.

IV. Conclusion

Overall, CCCG Real Estate’s 2025 internal control evaluation and sponsor review show solid governance and risk management, with no issues that could materially impact operations or financials. For investors, strong controls are a fundamental of long-term value, and no price-sensitive bad news has been disclosed.

Disclaimer: This article is based on publicly available information and is for reference only. It does not constitute investment advice. Investments are risky; please proceed with caution.

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