The acquisition and disposal of distressed assets is the core business of China Huarong. As a key participant in the primary market for distressed debt assets and important player and provider in the secondary market, China Huarong acquires distressed assets in bulk from financial institutions such as banks through public bidding or contract transfer.

　　China Huarong has engaged in distressed asset acquisition and disposal for more than ten years. Our core competence lies in both our pricing and disposing capability of distressed assets, and our cooperative relationship with institutions including large state-owned banks, joint-stock commercial banks, city commercial banks, large and medium-sized state-owned enterprises and other institutions. We are also market leaders in terms of client resources, service functions and network coverage. Aiming at maximizing the recovery value of distressed assets, China Huarong has accomplished many successful business models including phased operation, asset restructuring, DES, individual transfer, package-and-transfer, discounted collection from debtors, liquidation, regular collection, collection through litigation, collateral settlement and debt restructuring that are befitting to the individual case features.