Who are the four amc companies?

The four amc companies are China Oriental Asset Management Company (corresponding to receiving the non-performing assets of China Bank), China Cinda Asset Management Company (corresponding to receiving the non-performing assets of China Construction Bank and China Development Bank), China Huarong Asset Management Company (corresponding to receiving the non-performing assets of China Industrial and Commercial Bank) and China Great Wall Asset Management Company (corresponding to receiving the non-performing assets of China Agricultural Bank).

The main business model of AMC: the first model is buyout disposal.

After the bank packages the non-performing assets, it transfers them to the asset management company in batches. According to the size of the asset package, the asset management company can adopt a one-time buyout or phased buyout method, which can alleviate the financial pressure of the asset management company to some extent.

The second mode is cooperative disposal.

In the policy acceptance stage of non-performing assets of state-owned banks, asset management companies have a preliminary understanding of debtors, but they can't go deep into the industry. At this stage, they can combine high-quality enterprises in the same industry to reorganize non-performing assets and finally realize benefit sharing.

The third mode is anti-entrustment disposal.

After the asset management company buys out the bank's non-performing assets package, it sells the income right of the assets to the trust plan or the brokerage asset management plan. The ownership of assets still belongs to the four major asset management companies, and asset management companies continue to be responsible for the disposal of non-performing assets. In this mode, the asset management company can recover the capital cost in advance and remove the capital occupation, and the risk is borne by the investors themselves.