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What level is China Great Wall Asset Management Company?

Directly under the Ministry of Finance, deputy ministerial level.

China Great Wall Asset Management Co., Ltd. was established on December 11, 2016 with a registered capital of 43.15 billion yuan. It is funded by the Ministry of Finance of the People’s Republic of China, the National Council for Social Security Fund and China Life Insurance (Group) Company.

Established with the initiative.

The company's predecessor was China Great Wall Asset Management Company, which was established with approval from the State Council in 1999.

The group is headquartered in Beijing.

It has 30 offices in 4 municipalities directly under the Central Government, 24 provincial capital cities except Qinghai, Ningxia, and Tibet, and 2 cities specifically designated in the state plan, Shenzhen and Dalian; under its jurisdiction are financial services (Great Wall Financial Leasing, Changsheng Life Insurance, Great Wall

Xinsheng Trust), intermediary business (Great Wall Financing Guarantee, Tianjin Financial Assets Exchange, Great Wall Jinqiao Consulting), ancillary business (Great Wall Guofu Real Estate, Great Wall Huanya International, Great Wall Guorong Investment, Great Wall Ningxia Asset)*** three major

category, 10 platform companies.

Since its establishment, it has acquired, managed and disposed of nearly 700 billion yuan of non-performing assets divested by Agricultural Bank of China, Industrial and Commercial Bank of China, Bank of China and other various commercial banks, successfully completing the state-imposed mission of "resolving financial risks and supporting state-owned banks"

and the reform of state-owned enterprises, maximize the preservation of assets and reduce losses".

In accordance with the requirements of national policies, Great Wall Corporation accelerates its transformation and development towards commercialization, takes "resolving financial risks, enhancing asset values, and serving economic development" as its new mission, and is committed to creating a company that takes asset management as its core and focuses on serving small and medium-sized enterprises.

, a modern financial service enterprise that uses a variety of comprehensive financial services as its means."

Focusing on the core business of asset operation and management, it has expanded from the traditional "acquisition and disposal of bank non-performing loans" to various financial services such as state-owned and state-controlled commercial banks, policy banks, trust investment companies, finance companies, urban credit cooperatives, rural credit cooperatives, etc.

Comprehensive development and management of non-performing assets owned by enterprises and related entities.

In 2011, at the China International Financial Exhibition, the "Information Solution for Non-performing Asset Management and Disposal" was awarded the "Excellent Financial Service Solution Award".

Focusing on serving small and medium-sized enterprises, with the help of professional asset management technology, diversified financial service platforms and a variety of comprehensive financial service means, we have created five major services including "financing credit enhancement, financing guarantee, financial leasing, financing consulting, and equity financing".

A comprehensive financial service system with business as its backbone.

In 2012, he was specially appointed as the vice president unit of China Small and Medium Enterprises Association.