China Cinda Asset Management Company, the predecessor of China Cinda Asset Management Co., Ltd., was established in April 1999. It was the first financial asset management company established with the approval of the State Council to effectively mitigate financial risks, maintain the stability of the financial system, and promote the reform and development of state-owned banks and enterprises. In June 2010, China Cinda Asset Management Company was completely restructured into China Cinda Asset Management Co., Ltd. In April 2012, the Company introduced four strategic investors from the National Social Security Fund Council, UBSAG, CITIC Capital Holdings Limited and Standard Chartered Bank. On 2013/12/12, 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 services business. Among them, non-performing asset management is the Company's core business. The company has 33 branches in 30 provinces, autonomous regions and municipalities directly under the Central Government in mainland China, and has seven flat table subsidiaries in the mainland and Hong Kong that are engaged in non-performing asset management and financial services, 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 Co., Ltd., Cinda Investment Co., Ltd., Zhongrun Economic Development Co., Ltd., and the group employs about 14,000 people. In 2022, the company won the China Securities Golden Bauhinia Award Annual Special Award “Listed Company with High Quality Development Value”, the “China Top 100 Enterprise Award” and “China Top 100 Best Operation Management Award” at the China Top 100 Listed Companies Summit Forum, the “Annual Financial Contribution Award for Serving the Real Economy”, the China Banking Association, the China Association of Small and Medium Enterprises, and was selected for the “Fortune” China ESG Influence List and the Forbes China ESG50 List.
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