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Four major asset management companies
The four major asset management companies are China Huarong Asset Management Company, China Great Wall Asset Management Company, China Oriental Asset Management Company and China Cinda Asset Management Company. Huarong Asset Management Company correspondingly receives the non-performing assets of China Industrial and Commercial Bank; Great Wall Asset Management Company correspondingly receives the non-performing assets of ABC; Orient Asset Management Company correspondingly receives the non-performing assets of China Bank; Cinda Asset Management Company correspondingly receives the non-performing assets of China Construction Bank. Now the company also accepts and disposes of the non-performing assets of other financial institutions and non-counterpart banks.