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China Cinda Asset Management Corporation · Beijing China

Company Description

29 Dongzhong St. Dong Cheng District
Beijing
10002-7
China (Map)
Phone: +86-10-6418-1266
Fax: +86-10-6418-1218
    China Cinda Asset Management is keen to acquire non-performing assets of China's largest financial institutions and other businesses. The company is one of four financial asset management companies established in 1999 by the Chinese government to manage the non-performing assets of the China Construction Bank and State Development Bank. China Cinda's services include debt collection and swapping, asset leasing, and acquiring, managing, and disposing of non-performing assets. Its portfolio includes real estate, coal, chemical, construction materials, textile, metals, and power industry assets. Units include Cinda Securities and Cinda Futures. To read the full description, subscribe now.
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    Key China Cinda Asset Management Corporation Financials

    Company TypeGovernment-owned

    Headquarters
    Fiscal Year-EndDecember
    Annual Sales (mil.)$8,610.8
    Employees330

    China Cinda Asset Management Corporation Executives

    6 executives listed for China Cinda Asset Management Corporation's Beijing,  location.
    TitleName & BioContact
    CEOGuoli TianNetwork
    Chief Legal AdvisorZhichao XuNetwork
    Deputy CEOYajing LiuNetwork

    Competition

    Competitive Landscape for China Cinda Asset Management Corporation
    Demand for credit reporting and for collections services are driven by the volume of financial transactions, and by the health of the economy. The profitability of individual companies depends largely on efficiency of operations. The profitability of collections companies that buy receivables portfolios depends on their ability to assess recovery potential. Large credit reporting companies have significant economies of scale in operations. Small companies can compete successfully in the collections segment, where customer service and personal contact are important. To read the full description, subscribe now.
    Top China Cinda Asset Management Corporation Competitors
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