The four financial asset management companies established in China are

China Huarong Asset Management Corporation, China Great Wall Asset Management Corporation, China Cinda Asset Management Corporation and China Oriental Asset Management Corporation. The four financial asset management companies established in China are:

1. China Huarong Asset Management Co., Ltd. is a wholly-owned commercial bank with good assets and liabilities and good credit status at home and abroad.

2. China Great Wall Asset Management Co., Ltd. conducts strict assessment on the banks stripped of non-performing loans, and does not allow the non-performing loan ratio to continue to rise.

3. China Xinda Asset Management Co., Ltd. recovers the value of non-performing loans to the maximum extent through the establishment of asset recovery responsibility system and professional operation.

4. China Orient Asset Management Corporation (hereinafter referred to as China Orient Asset Management Corporation) will convert eligible enterprises from debt to equity, and support large and medium-sized state-owned loss-making enterprises to extricate themselves from difficulties.