China Xinda Asset Management Co., Ltd. is a vice-ministerial unit, affiliated to the Ministry of Finance, and its branches in various provinces and cities are bureau-level units. China Xinda Asset Management Co., Ltd. is a financial enterprise controlled by the Ministry of Finance of People's Republic of China (PRC) and People's Republic of China (PRC). Mainly engaged in the acquisition and entrusted operation of non-performing assets of financial institutions and non-financial institutions, management, investment and disposal of non-performing assets, issuance of financial bonds, interbank lending and commercial financing to other financial institutions.