Beijing Xu’s Law Firm assisted China Cinda Asset Management Co., Ltd. Beijing Branch in conducting due diligence on a non-performing asset package.

China Cinda Asset Management Corporation, the predecessor of the Company, was the first AMC established in April 1999 pursuant to the approval of the State Council to effectively tackle financial risks and maintain the stability of the financial system as well as to facilitate the reform and development of state-owned banks and enterprises. On December 12, 2013, the Company was successfully listed on the main board of the Hong Kong Stock Exchange and became the first financial asset management company in China listed on the international capital market.

Principal business segments CCAMC include distressed asset management and financial services. Distressed asset management is the core business of the Company.

In 2022, the Company was awarded the “Listed Company with the Best Investment Value and High-quality Development” of the China Securities Golden Bauhinia Awards, the “China Business Top 100 Award” and the “China Top 100 Best Operation Management Award” of the China Top 100 Listed Companies Summit Forum, the “Annual Award for Financial Contribution to Serving the Real Economy” of the China Golden Tripod Awards, the "Excellent Issuer" and "Excellent Settlement Business Participant" of Shanghai clearing house, the "Good News of Innovation and Development" of the China Banking Association, and was included in the Fortune’s China ESG Impact List and Forbes China ESG50 List. Several cases of the company were selected as "Excellent Cases of Social Responsibility" in the "Blue Book of Financial Corporate Social Responsibility (2022)”, “Typical Cases of Financial Services to Specialized and New Small and Medium-sized Enterprises" by China Banking Association, and User Experience Case of the Year Award" in China Financial Brand Cases of the Year Competition.