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China Cinda Asset Management CO Ltd (CCGDF)

China Cinda Asset Management CO Ltd (CCGDF)
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China Cinda Asset Management Co Ltd was incorporated in the People's Republic of China on June 29, 2010. The Company along with its subsidiaries is engaged in acquiring and entrusting to manage, invest and dispose of both financial and non-financial institution distressed assets; receivership; foreign investment; securities and futures dealing; financial bonds issuance, inter-bank borrowing and lending, commercial financing for other financial institutions; approved asset securitization business, financial institutions custody, closing and liquidation of business; consulting and advisory business on finance, investment, legal and risk management; assets and project evaluation; insurance; fund management; asset management; trust; financial leasing services; real estate and industrial investments and other businesses approved by the CBRC or other regulatory bodies. The Company operates in segments including distressed asset management operations, financial investment and asset management operations, and financial services operations. The distressed asset management segment comprises business including the management of assets arising from acquisition of distressed debts and debt-to-equity-swap and providing clearing settlement and fiduciary services. The financial investment and asset management segment comprises business including the management of financial investments on private funds and companies in certain other industries. The financial services segment comprises business including the provision of financial services in sectors including securities, insurance, financial leasing and asset management.
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