China Huarong Asset Management
China Huarong Asset Management Co., Ltd. known as just China Huarong (Chinese: 中国华融) is a majority state-owned financial asset management company in China, with a focus on distressed debt management. It was one of the four asset management companies that the Government of China established in 1999 in response to the 1997 Asian financial crisis.
Headquarters in Beijing | |||||
| Company type | State-owned enterprise | ||||
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Traded as |
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| ISIN | CNE100002367 | ||||
| Industry | Financial services | ||||
| Founded | November 11, 1999 | ||||
| Founder | Chinese Government | ||||
| Headquarters | , China | ||||
Area served | China (Mainland and Hong Kong) | ||||
Key people | Wang Zhanfeng (Party Secretary) Lai Xiaomin (former Chairman) | ||||
| Services | financial asset management | ||||
| Revenue | CN¥75.4 billion (2015) | ||||
| CN¥22.2 billion (2015) | |||||
Net income | CN¥14.5 billion (2015) | ||||
| Total assets | CN¥866.5 billion (2015) | ||||
| Total equity | CN¥98.1 billion (2015) | ||||
| Owner |
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| Parent | Ministry of Finance of China | ||||
| Website | www | ||||
| Footnotes / references in a consolidated basis | |||||
| China Huarong Asset Management Co., Ltd. | |||||||
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| Simplified Chinese | 中国华融资产管理股份有限公司 | ||||||
| Traditional Chinese | 中國華融資產管理股份有限公司 | ||||||
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