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01359 CHINA CINDA

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  • 0.700
  • +0.030+4.48%
Market Closed Apr 26 16:08 CST
26.72BMarket Cap4.17P/E (TTM)

About CHINA CINDA Company

The company's predecessor, China Cinda Asset Management Company, was established in April 1999. It was the first financial asset management company approved by the State Council to effectively mitigate financial risks, maintain financial system stability, and promote the reform and development of state-owned banks and enterprises. In June 2010, China Cinda Asset Management Co., Ltd. was completely restructured into China Cinda Asset Management Co., Ltd. In April 2012, the company introduced four strategic investors: the National Social Security Fund Council, UBSAG, CITIC Capital Holdings Limited, and Standard Chartered Bank. On December 12, 2013, the company was listed on the main board of the Hong Kong Stock Exchange, becoming the first Chinese financial asset management company to enter the international capital market. The company's main business includes non-performing asset management business and financial service business, of which non-performing asset management is the company's core business. The Company has 33 branches in 30 provinces, autonomous regions and municipalities in mainland China, and nine directly managed platform subsidiaries for non-performing asset management and financial services in the Mainland and Hong Kong, including Nanyang Commercial Bank Limited, Cinda Securities Co., Ltd., China Jingu International Trust Co., Ltd., Cinda Financial Leasing Co., Ltd., China Cinda (Hong Kong) Holdings Limited, Cinda Investment Co., Ltd., Cinda Capital Management Co., Ltd., Zhongrun Economic Development Co., Ltd., and Zhongrun Economic Development Co., Ltd., with about 14,000 employees. In 2023, the company won the China Securities Golden Bauhinia Award “2023 Outstanding Listed Company”, “2023 Industry Leading Enterprise” in the 21st Century Financial Development Outstanding Case Selection, “China's Top 100 Enterprise Award” and “China's Top 100 Best Management and Operation Award” by the China Listed Companies Forum, the “Top 10 Global Asset Management Brands” by the UK's “BrandFinance” (BrandFinance) 2023, and the “Top 500 Charity for Listed Companies in China”, the Financial Corporate Social Responsibility Forum “Blue Book on Responsible Finance (2023)” ” “Outstanding Case for Serving the Real Economy”, “China Finance” Brand Case Contest “Social Responsibility Annual Case Award”, “China Banking and Insurance News”, “Jinnuo China Finance's Outstanding Social Responsibility Project of the Year”, “Shanghai Securities Journal”, “Excellent Financial Institutions LP”, and the China Banking Association's “Excellent Banking Industry “Innovation and Development” Good News Award”.

Company Profile

Symbol01359
Company NameCHINA CINDA
ISINCNE100001QS1
Listing DateDec 12, 2013
Issue Price3.58
Shares Offered5.32B share(s)
FoundedApr 19, 1999
Registered AddressChina
Chairmanweidong zhang
Secretaryjiuchao ai
Audit InstitutionPricewaterhouseCoopers, PricewaterhouseCoopers Zhongtian Certified Public Accountants (Special General Partnership)
Company CategoryMainland registration of Mainland State-owned Assets control
Registered OfficeBuilding 1, No. 9, Naoshikou Street, Xicheng District, Beijing
Head Office and Principal Place of Business12th floor, AIA Financial Centre, 1 Connaught Road Central, Central, Hong Kong
Fiscal Year Ends12-31
Employees13908
MarketHong Kong motherboard
Phone+86(10)63080000;010-63080484
Fax+86(10)63080266;010-63080223
Emaillinan@cinda.com.cn
Business Acquire and manage non-performing assets of financial institutions and non-financial institutions to manage, invest and dispose of non-performing assets; debt-for-equity conversion, management, investment and disposal of equity assets; bankruptcy management; foreign investment; trading of marketable securities; issuance of financial bonds, interbank loans, and commercial financing to other financial institutions; approved asset securitization business, financial institution custody and closure of liquidation business; financial, investment, legal and risk management consulting and advisory; asset and project evaluation; other business approved by the banking supervisory authority under the State Council.

Company Executives

  • Name
  • Position
  • Salary
  • weidong zhang
  • Chairman,Executive Director,Chairman of the Strategic Development Committee
  • --
  • qiang liang
  • President,Executive Director,Member of the Strategy Committee
  • --
  • limin zhao
  • Assistant to the President,Executive Director,Member of the Risk Management Committee
  • --
  • shaoshuang wang
  • Non-executive directors,Director of the Risk Management Committee,Strategy Committee Members
  • --
  • xiaowu chen
  • Non-executive directors,Remuneration Committee Members,Strategy Committee Members,Nomination Committee Members
  • --
  • zhengfei lu
  • Independent Non-Executive Director,Chairman of the Audit Committee,Member of the Risk Management Committee
  • --
  • zhiquan lin
  • Independent Non-Executive Director,Audit Committee Members,Member of the Strategic Development Committee
  • --
  • changyun wang
  • Independent Non-Executive Director,Audit Committee Member,Nomination Committee Members,Remuneration Committee Members
  • --
  • maosong sun
  • Independent Non-Executive Director,Director of the Remuneration Committee,Director of the Nomination Committee,Member of the Risk Management Committee,Member of the Strategic Development Committee
  • --
  • cuijun shi
  • Independent Non-Executive Director,Audit Committee Members,Member of the Strategic Development Committee,Nomination Committee Members,Remuneration Committee Members
  • --
  • qinggui zhen
  • External auditors
  • --
  • li liu
  • External auditors
  • --
  • xiaoqiang cai
  • External auditors
  • --
  • hongbing gong
  • Employee representative supervisor
  • --
  • baoxing lu
  • Employee supervisors
  • --
  • liangming yuan
  • Employee supervisors
  • --
  • lihua zhou
  • Employee supervisors
  • --
  • gan ling
  • Deputy Party Secretary
  • --
  • ligeng liu
  • VP
  • --
  • jiliang hu
  • VP
  • --
  • hongjiang li
  • Assistant to the President
  • --
  • zhengchao jiu
  • Assistant to the President
  • --
  • zhengmin wang
  • Assistant to the President
  • --
  • zhenhong luo
  • Risk Director (responsible for the company's risk management)
  • --
  • jiuchao ai
  • Company Secretary,Board Secretary,Authorized Representative
  • --
  • yingxun yang
  • chief financial officer
  • --
  • dang xiang
  • Assistant to the President
  • --

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