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According to the Northern Rare Earth announcement, the company carried out a risk assessment of Baogang Group Finance Co., Ltd. As of June 30, 2026, the finance company had total assets of 13.192 billion yuan, revenue of 998.489 million yuan and net profit of 32.8252 million yuan in the first half of 2026; all regulatory indicators were in line with regulations, internal controls were sound, and risks were manageable. As of June 30, 2026, the company's deposit balance with the finance company was 2,917 million yuan, accounting for 62.13% of the company's total deposit; the loan balance was 45 million yuan, accounting for 0.59% of the company's total loan amount. The deposit security and liquidity are good.
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According to the Northern Rare Earth announcement, the company carried out a risk assessment of Baogang Group Finance Co., Ltd. As of June 30, 2026, the finance company had total assets of 13.192 billion yuan, revenue of 998.489 million yuan and net profit of 32.8252 million yuan in the first half of 2026; all regulatory indicators were in line with regulations, internal controls were sound, and risks were manageable. As of June 30, 2026, the company's deposit balance with the finance company was 2,917 million yuan, accounting for 62.13% of the company's total deposit; the loan balance was 45 million yuan, accounting for 0.59% of the company's total loan amount. The deposit security and liquidity are good.
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