Huarong Group is a state-owned enterprise. Huarong Securities, namely Huarong Securities Co., Ltd., is a national securities company registered and established by China Huarong Asset Management Co., Ltd. with the approval of China Securities Regulatory Commission, with a capital of 654.38+000 billion yuan, hereinafter referred to as "China Huarong, as the main sponsor, was jointly established by China Gezhouba Group Company". China Huarong will focus on non-performing assets based on the national functional orientation of financial asset management companies.

Brief introduction of Huarong group

The company's main business includes non-performing asset management, financial services, asset management and investment business, among which non-performing asset management is the company's core business. At present, China Huarong has 33 branches, and its service network covers 30 provinces, autonomous regions and municipalities directly under the Central Government, as well as Hong Kong and Macao Special Administrative Regions. It owns Huarong Securities, Huarong Financial Leasing, Huarong Xiangjiang Bank, Huarong Trust, Huarong Futures, Huarong Rong De, Huarong Industry, Huarong International, Huarong Consumer Finance and other platform subsidiaries.