China Huarong Asset Management Company is a wholly state-owned financial institution approved by the State Council. It was officially established on October 19, 1999, with a registered capital of 10 billion yuan. The company is headquartered in Beijing, with 32 offices and sales departments across the country, 10 platform companies, and a service network covering 30 provinces, municipalities, and autonomous regions.
After more than ten years of successful operation and development, China Huarong has fully completed its policy asset disposal targets and tasks, in order to promote the reform and development of state-owned commercial banks, reduce debts of state-owned enterprises and maintain the stable operation of the financial system, It has made positive contributions to minimizing national losses and promoting healthy and stable development of social economy.
In compliance with the new economic and financial situation, with the support and guidance of relevant national departments, China Huarong actively and steadily promotes commercial transformation. It already owns Huarong Financial Leasing Co., Ltd., Rongde Asset Management Co., Ltd. Company, Huarong Securities Co., Ltd., Huarong International Trust Co., Ltd., Huarong Real Estate Co., Ltd., Huarong Zhiyuan Investment Management Co., Ltd., Huarong Yufu Equity Investment Fund Management Co., Ltd., Huarong Futures Co., Ltd. , Huarong Xiangjiang Bank Co., Ltd., Huarong Huitong Asset Management Co., Ltd. and other 10 platform companies have formed a platform with asset operation and management as its main business and relying on securities, leasing, trust, investment, funds, futures, banking and other businesses. The comprehensive financial service system can rely on the 32 offices and sales departments radiating across the country and the diversified business platform to give full play to its comprehensive advantages and synergistic effects to provide customers with a package of multiple financial services to meet the diverse service needs of customers. The plan It will take five years to implement the "three-step" strategy: first, vigorously promote the implementation of the "big customer" strategy and thoroughly follow the market-oriented approach; second, introduce excellent strategic investors in a timely manner and adopt a market-oriented, diversified and comprehensive approach. The development path of modern financial enterprises; the third is to choose the opportunity to go public and achieve leap-forward development of the company.
China Huarong leads the commercial transformation and development with innovation and adopts a series of innovative measures, which has enabled China Huarong to achieve 100% growth in operating performance in the past two years, and all 32 offices have turned losses into profits. , China Huarong has shown an extraordinary development trend and has begun to take shape as a financial holding group, laying a solid foundation for China Huarong's future sustainable and long-term development. In 2010, China Huarong was awarded the title of "China's Most Innovative Enterprise in 2010"; President Lai Xiaomin was awarded the title of "Top Ten Chinese Enterprise Innovation Figures of the Year in 2010".
China Huarong attaches great importance to corporate brand building and corporate culture construction. With the corporate cultural connotation of "stability, innovation, harmony and development" as the core, and the concept of "Huaying becomes beautiful, integration leads to prosperity", Efforts will be made to build China Huarong's brand, enhance the company's soft power, and promote the smooth realization of China Huarong's commercial transformation and development strategic goals.