The company's predecessor, China Cinda Asset Management Company, was established in April 1999 with the approval of the State Council. the first financial asset management company was established to effectively resolve 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 Co., Ltd. was transformed into China Cinda Asset Management Co., Ltd. In April 2012, the company introduced four strategic investors, namely, the National Social Security Fund Council, UBS AG, CITIC Capital Holdings Co., Ltd. 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 assets management business and financial services business, in which non-performing assets management is the core business of the company. The company has 33 branches in 30 provinces, autonomous regions and municipalities in mainland China, and seven flat-table subsidiaries engaged in non-performing assets management and financial services business in the mainland and Hong Kong. Including Nanyang Commercial Bank Co., Ltd., 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., the group employs about 15000 people.
2021 The company won "China Finance" Magazine "Best listed Company Award", "China Top 100 Enterprise Award", "China moral Enterprise Award", China Securities Golden Bauhinia Award "Best ESG practice listed Company", Sina Finance "most innovative Asset Management Company of the year", China Financial Annual Brand case Competition "Social responsibility case Award", China Banking Association "Banking inclusive Financial good News Award", China Financial Brand Summit "Model of the dissemination of China's Financial products", China SME Investment and financing Fair "excellent cases of small and medium-sized Enterprises in Financial Services" and other awards.
CEO： Weidong Zhang
Market： Hong Kong motherboard
Listing Date： 12/12/2013