公告日期:2024-11-07
ADAMA Ltd.
Contingency Plan for Deposits at
Sinochem Finance Co., Ltd.
Chapter 1 General Provisions
Article 1To prevent, control and mitigate risks of deposits ofADAMALtd. (hereinafter
referred to as “the Company”) at Sinochem Finance Co., Ltd. (hereinafter referred to as
“Sinochem Finance”), safeguard security and ensure the liquidity and profitability of
funds, this contingency plan is hereby formulated.
Chapter 2 Organizational Structure and Responsibilities
Article 2 The Company shall establish a leading team for deposit risk prevention and
control (hereinafter referred to as “the Leading Team”). The President and Chief
Executive Officer shall lead the Leading Team and perform as the primary person
responsible for risk prevention and control. The Chief Financial Officer shall be deputy
head of the Leading Team. Other members include relevant employees of the financial
department and legal department. The Leading Team is responsible for organizing risk
prevention and control of deposits.All units and individuals should not conceal, delay,
lie or incite others to conceal, delay or lie about deposit risks.
Article 3 As the specialized contingency body, the Leading Team should immediately
initiate the contingency plan and carry out its work in accordance with the prescribed
procedures whenever a risk occurs at Sinochem Finance.
Article 4 The following principles should be followed in handling emergencies:
(1) The leadership should be unified and the responsibility should be graded. The
Leading Team shall take the lead and be responsible to the Board of Directors,
responsible for the specific work of risk prevention and mitigation.
(2) Various relevant departments should performtheir duties, coordinateandcooperate
with each other. Relevant departments should plan proactively and implement various
measures to prevent, mitigate and resolve risks through coord……
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