Shareholder introduction of China Foreign Trade Finance Leasing Co., Ltd.
Established in 1999, China orient asset management co., ltd. is one of the four state-owned financial asset management companies approved by the State Council, with a registered capital of 1000 billion yuan, which is fully funded by the Ministry of Finance and has 26 offices and business departments. Wholly owned or controlled Dongxing Securities Co., Ltd., Dongyin Development (Holdings) Co., Ltd., Oriental Hotel Management Co., Ltd., Bangxin Asset Management Co., Ltd., Jincheng International Credit Rating Co., Ltd. and many other companies, mainly engaged in the acquisition, management and disposal of non-performing assets of financial institutions, engaged in investment banking business, and gradually expanded financial services such as financial leasing, credit rating and insurance. Dongfang Company has obtained 664 billion yuan of assets from Bank of China, China Construction Bank and China Industrial and Commercial Bank. By the end of 2006, the national policy on the disposal and collection of non-performing assets has been exceeded, helping many state-owned enterprises to change their operating mechanisms and establish a modern enterprise system.