Debt custody is an agreement reached by policy intermediaries with debtors or creditors to transfer their debts or claims for compensation in accordance with market principles and with the support of relevant policies, which is managed by policy intermediaries in accordance with commercial law.

The so-called policy intermediary organization is an operating organization that can be supported by relevant state policies and relevant state departments. In addition to policy advantages, such operating institutions should also have talent advantages (including high-quality management talents and senior financial personnel, etc.). ) and financial advantages. There are two main operating modes of policy intermediaries, one is debt-to-equity swap, the other is pure debt custody operation, and its operating mode is equivalent to debt recovery company.