Financial asset management companies can purchase non-performing loans from state-owned banks and manage and dispose of assets formed by purchasing non-performing loans. Financial asset management companies take preserving assets to the maximum extent and reducing losses as their main business objectives. In asset management and disposal, you can engage in debt recovery, asset leasing or other forms of transfer, reorganization and other activities. Financial asset management companies shall manage and dispose of assets in accordance with the principles of openness, competition and merit. When transferring assets, bidding, auction and bidding are mainly adopted.
Finally, the country that loses pays the bill.