General Members
Name of Institution
Zhejiang Zheshang Asset Management Co., Ltd.Country
People's Republic of China (PRC)Institution at a Glance:
Zhejiang Zheshang Asset Management Co., Ltd., also known as Zheshang Asset was established in August 2013 and it is the first provincial asset management company in Zhejiang Province. It has a credit rating of AAA and has a registered capital of CNY 7.1 billion. Zheshang Asset strives to build an integrated asset management platform with NPA acquisition & disposal, asset operation, funds management, investment banking and financing services.
Zheshang Asset provides services nationwide. It has 24 subsidiaries, including one controlling listed company, nine asset management companies, five regional branches, and multiple functional platforms, such as fund management platforms, a bankruptcy management company, a factoring company and Fintech platforms.
Zheshang Asset always keeps its original intention in mind and follows its mission to serve the needs of governments, banks and enterprises. It has been adhering to the principle of preventing regional financial risks and serving the real economy. By the end of December 2022, Zheshang Asset has acquired over CNY 510 billion of NPL in principal and provided relief services for more than 380 institutions including 23 listed companies, dissolving financial crisis exceeding CNY 160 billion, and ensuring the employment of over 180,000 people.
Shareholders
Zhejiang International Business Group Inc. (58.64%)
Caitong Innovation Investment Co., Ltd. (20.81%)
Horizon Ascend Enterprise Management Co., Ltd. (8.50%)
Guoxin Shuangbai No.1 (Hangzhou) Equity Investment Partnership (L.P.) (6.76%)
Huzhou Communications Investment Group Co., Ltd. (4.99%)
Hangzhou Dunzhuo Equity Investment Partnership (L.P.) ( 0.29%)
Accomplishments
Member Since: 2014
Key Officer
Sun Jianhua, Chairman
Contact Us
Zhejiang Province Zheshang Asset Management Ltd.
Address: Room 301, 193 West Lake Avenue, Shangcheng District, Hangzhou City, Zhejiang Province, PRC
Telephone: +86-0571-89773888
Fax: +86-0571-89773838
Website: http://www.zsamc.com.cn