What is the administrative level of China Huarong Asset Management Company?

China Huarong Asset Management Company was transformed into a joint-stock company as a whole.

China Huarong Asset Management Co., Ltd. was approved by the State Council on the morning of 201210/2, and was initiated by the Ministry of Finance and China Life Insurance Group (the company), marking the transformation of China Huarong from a policy financial institution to a market financial institution.

20 15 10 10 On October 30th, China Huarong was listed on the main board of the Hong Kong Stock Exchange. By the end of 20 18, the total assets of China Huarong reached 65,438 yuan +0.7 1 trillion yuan; Net assets reached 654.38+0686 billion yuan; The total income in 20 18 years is RMB 1073 billion yuan.

Extended data

After the reorganization, China Huarong will establish a market-oriented corporate governance structure in accordance with the principles of "clear property rights, clear rights and responsibilities, separation of government from enterprises and scientific management". Establish a modern financial enterprise operation mechanism with clear rights and responsibilities, accurate positioning, scientific management, orderly operation, mutual checks and balances and resultant force.

China Huarong can provide comprehensive, multi-functional and comprehensive financial services such as non-performing asset management, asset management, banking, securities, trust, leasing, investment, futures and home purchase.

Baidu encyclopedia-China Huarong assets management co., ltd