(a) the acquisition and operation of non-performing assets in local and foreign currencies divested by financial institutions;
(2) Recovering local and foreign currency debts;
(3) Assets formed by non-performing loans in local and foreign currencies that are leased, transferred or reorganized;
(4) Converting creditor's rights in local and foreign currencies into equity and holding shares in the enterprise by stages;
(five) listing recommendation and bond and stock underwriting of companies within the scope of asset management;
(6) Securitization of non-performing assets approved by relevant departments;
(7) Issuing financial bonds and borrowing from financial institutions;
(eight) financial and legal advice, assets and project evaluation;
Commercial acquisition, management and disposal of non-performing assets of domestic financial institutions in accordance with market principles;
(10) Accepting entrustment to engage in the liquidation business of financial institutions approved by the financial supervision department; Accept the entrustment of the Ministry of Finance, the People's Bank of China and state-owned banks to manage and dispose of non-performing assets; Accept the entrustment of other financial institutions and enterprises to manage and dispose of non-performing assets;
(eleven) the use of cash capital management policy and commercial acquisition of physical assets of non-performing loans to make necessary investments;
(twelve) other business activities approved by the China Banking Regulatory Commission and other regulatory agencies.
Asset management usually refers to a kind of trust business of "entrusted by people to manage money on their behalf". In this sense, any institution or organization mainly engaged in this kind of business can be called an asset management company.