Sustainable Risk Control
Advanced response with regular tracking.
Risk Alert System
FENC established Risk Alert System in 2015. The administrative units conduct monthly follow-ups and examine corporate risks. In 2020, the Company held 12 risk control meetings, establishing advanced indicators and responses to avert risks, and address irregularities in the indicators with corresponding measures, improvements and optimization for prevention.
Starting from 2019, risk indicators are implemented in a systematic approach with risk management platform. For instance, the Company introduced credit rating and instant credit calculator to address credit risks and crediting management. The system automatically conducts the calculation to determine reasonable credit limits, which enhances the quality of credit decisions.
Process of Risk Alert System

Scope of Risk Alert System
Category | Risks |
Human Resources |
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External Environment |
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Corporate Assets |
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Legal Affairs |
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Finance and Accounting |
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