Four AMCs are financial companies established in the State Council on the basis of solving non-performing assets with reference to international experience, and they are also investment banking companies operating in the capital market. The four major asset management companies can purchase non-performing loans from state-owned banks and manage and dispose of the assets formed by the acquisition of non-performing loans.
As the first AMC approved to dispose of non-financial assets such as real estate, China Cinda has rich experience in the disposal of non-performing assets in real estate, energy and other industries. China Huarong Assets has implemented the key customer strategy and obtained sustainable customer resources. Non-performing assets are in the leading position among the four AMCs.
China Great Wall focuses on serving small and medium-sized enterprises, and has developed financial advisors and collective bonds for small and medium-sized enterprises. China Oriental focuses on financial business and has established its own professional advantages in the management and disposal of non-performing assets of banks.