01359 CHINA CINDA

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1.240
+0.020+1.64%

Trading Dec 27 10:06 CST

47.32BMarket Cap11.07P/E (TTM)

About CHINA CINDA Company

The company's predecessor, China Cinda Asset Management Company, was established in April 1999. It was the first financial asset management company approved by the State Council to effectively mitigate financial risks, maintain financial system stability, and promote the reform and development of state-owned banks and enterprises. In June 2010, China Cinda Asset Management Co., Ltd. was completely restructured into China Cinda Asset Management Co., Ltd. In April 2012, the company introduced four strategic investors: the National Social Security Fund Council, UBSAG, CITIC Capital Holdings Limited, and Standard Chartered Bank. On December 12, 2013, the company was listed on the main board of the Hong Kong Stock Exchange, becoming the first Chinese financial asset management company to enter the international capital market. The company's main business includes non-performing asset management business and financial service business, of which non-performing asset management is the company's core business. The Company has 33 branches in 30 provinces, autonomous regions and municipalities in mainland China, and nine directly managed platform subsidiaries for non-performing asset management and financial services in the Mainland and Hong Kong, including Nanyang Commercial Bank Limited, Cinda Securities Co., Ltd., China Jingu International Trust Co., Ltd., Cinda Financial Leasing Co., Ltd., China Cinda (Hong Kong) Holdings Limited, Cinda Investment Co., Ltd., Cinda Capital Management Co., Ltd., Zhongrun Economic Development Co., Ltd., and Zhongrun Economic Development Co., Ltd., with group employees of about 0.014 million people. In 2023, the company won the China Securities Golden Bauhinia Award “2023 Outstanding Listed Company”, “2023 Industry Leading Enterprise” in the 21st Century Financial Development Outstanding Case Selection, “China's Top 100 Enterprise Award” and “China's Top 100 Best Management and Operation Award” by the China Listed Companies Forum, the “Top 10 Global Asset Management Brands” by the UK's “BrandFinance” (BrandFinance) 2023, and the “Top 500 Charity for Listed Companies in China”, the Financial Corporate Social Responsibility Forum “Blue Book on Responsible Finance (2023)” ” “Outstanding Case for Serving the Real Economy”, “China Finance” Brand Case Contest “Social Responsibility Annual Case Award”, “China Banking and Insurance News”, “Jinnuo China Finance's Outstanding Social Responsibility Project of the Year”, “Shanghai Securities Journal”, “Excellent Financial Institutions LP”, and the China Banking Association's “Excellent Banking Industry “Innovation and Development” Good News Award”.

Company Profile

Symbol01359

Company NameCHINA CINDA

ISINCNE100001QS1

Listing DateDec 12, 2013

Issue Price3.58

Shares Offered5.32B share(s)

FoundedApr 19, 1999

Registered AddressChina

Chairmanweidong zhang

Secretaryjiuchao ai

Audit InstitutionErnst & Young, Ernst & Young Huaming Certified Public Accountants (Special General Partnership)

Company CategoryMainland registration of Mainland State-owned Assets control

Registered OfficeBuilding 1, No. 9, Naoshikou Street, Xicheng District, Beijing

Head Office and Principal Place of Business12th floor, AIA Finance Centre, 1 Connaught Road Central, Central, Hong Kong

Fiscal Year Ends12-31

Employees13884

MarketHong Kong motherboard

Phone+86(10)63080000;010-63080484

Fax+86(10)63080266;010-63080223

Emaillinan@cinda.com.cn

Websitehttp://www.cinda.com.cn

Business Acquisition, fiduciary operation of non-performing assets of financial institutions and non-financial institutions; management, investment and disposal of non-performing assets; debt-for-equity conversion; management, investment and disposal of equity assets; bankruptcy management; foreign investment; trading of marketable securities; issuing financial bonds, interbank loans and commercial financing to other financial institutions; approved asset securitization business, escrow and closure of financial institutions; financial, investment, legal and risk management consulting and consulting; asset and project evaluation; other business approved by the banking supervisory and regulatory agency of the State Council.

Company Executives

Name
Position
Salary

weidong zhang
Chairman, Executive Director, Chairman of the Strategy Development Committee
711.00K

qiang liang
President, Executive Director, Strategy Committee Member
712.00K

limin zhao
VP, Executive Director, Member of the Risk Management Committee
663.00K

tianming ceng
Non-executive Directors, Member of the Risk Management Committee, Member of the Strategy Development Committee
--

xiaowu chen
Non-executive Directors, Chairman of the Risk Management Committee, Nomination Committee Members, Strategy Committee Members, Remuneration Committee Members
--

zhengfei lu
Independent Non-Executive Director, Chairman of the Audit Committee, Member of the Risk Management Committee
250.00K

zhiquan lin
Independent Non-Executive Director, Audit Committee Members, Member of the Strategy Development Committee
250.00K

changyun wang
Independent Non-Executive Director, Remuneration Committee Member, Nomination Committee Members, Audit Committee Member
250.00K

maosong sun
Independent Non-Executive Director, Chairman of the Nomination Committee, Chairman of the Remuneration Committee, Member of the Strategy Development Committee, Member of the Risk Management Committee
250.00K

cuijun shi
Independent Non-Executive Director, Remuneration Committee Members, Nomination Committee Members, Member of the Strategy Development Committee, Audit Committee Members
181.00K