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”.
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