General Members
Name of Institution
China Cinda Asset Management Co., Ltd.Country
People's Republic of China (PRC)Institution at a Glance
China Cinda Asset Management Corporation, the predecessor of the Company, was the first AMC established in April 1999 pursuant to the approval of the State Council to effectively tackle financial risks and maintain the stability of the financial system as well as to facilitate the reform and development of state-owned banks and enterprises. In June 2010, China Cinda Asset Management Corporation was reorganized to establish China Cinda Asset Management Co., Ltd. In April 2012, the Company received investments from four strategic investors, namely the National Council for Social Security Fund of the PRC, UBS AG, CITIC Capital Holdings Limited and Standard Chartered Bank. On December 12, 2013, the Company was successfully listed on the main board of the Hong Kong Stock Exchange and became the first financial asset management company in China listed on the international capital market.
Our principal business segments include distressed asset management and financial services. Distressed asset management is the core business of the Company. The Company has 33 branches in 30 provinces, autonomous regions and municipalities in mainland China and seven subsidiaries as platforms for providing distressed asset management and financial services in mainland China and Hong Kong, including Nanyang Commercial Bank, Limited, Cinda Securities Co., Ltd., China Jingu International Trust Co., Ltd., Cinda Financial Leasing Co., Ltd., China Cinda (HK) Holdings Company Limited, Cinda Investment Co., Ltd. And Zhongrun Economic Development Co., Ltd. The Group had approximately 14,000 employees at the end of 2022.
In 2022, the Company was awarded the “Listed Company with the Best Investment Value and High-quality Development” of the China Securities Golden Bauhinia Awards, the “China Business Top 100 Award” and the “China Top 100 Best Operation Management Award” of the China Top 100 Listed Companies Summit Forum, the “Annual Award for Financial Contribution to Serving the Real Economy” of the China Golden Tripod Awards etc.
Shareholders
- Ministry of Finance
- National Council for Social Security Fund
- China COSCO Shipping Corporation Limited
- DBS Group Holdings Ltd
Member Since: 2014
Key Officers
Zhang Weidong, Chairman
Liang Qiang, President
Contact Us
China Cinda Asset Management Co., Ltd. (China Cinda)
Address: Building No.1, No.9 Naoshikou Street, Xicheng District, Beijing 100031
Telephone: +86-10-63080000
Website: http://www.cinda.com.cn