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china cinda asset manageme-h (1359) Details

China Cinda Asset Management Co., Ltd., along with its subsidiaries, engages in the acquisition, management, investment, and disposal of financial and non-financial institution distressed assets in China. Its business also cover receivership; foreign investment; securities and futures dealing; financial bond issuance; inter-bank borrowing and lending; commercial financing for other financial institutions; approved asset securitization business; financial institutions custody; and closing and liquidation of business. In addition, the company’s business cover consulting and advisory business on finance, investment, legal and risk management; asset and project evaluation; insurance; fund management; asset management; trust; financial leasing services; and real estate and industrial investments and other businesses. China Cinda Asset Management Co., Ltd. was founded in 1999 and is headquartered in Beijing, the People’s Republic of China.

21,395 Employees
Last Reported Date: 09/27/16
Founded in 1999

china cinda asset manageme-h (1359) Top Compensated Officers

Chairman of the Board
Total Annual Compensation: CNY448.0K
Compensation as of Fiscal Year 2015.

china cinda asset manageme-h (1359) Key Developments

China Cinda Asset Management Co., Ltd. Announces Board Changes

The board of directors of China Cinda Asset Management Co., Ltd. announced that the resignation letter of Mr. Lu Shengliang, a non-executive director of the company, has been received on November 18, 2016. Due to work arrangement, Mr. Lu Shengliang resigned as non-executive director and member of the strategic development committee and the risk management committee of the board. On November 18, 2016, a proposal on the nomination of candidate for the director of the company was approved at the 8th board meeting in 2016, in which Mr. Zhang Guoqing was nominated to serve as non-executive director of the company. He shall begin to assume office upon the approval by the shareholders' general meeting of the company and the approval of his qualification as director by the China Banking Regulatory Commission (CBRC) until the expiry of the current session of the board. Mr. Zhang Guoqing is currently the director of the domestic compliance division under the department of regulation and supervision of the National Council for Social Security Fund (NSSF). Mr. Zhang had successively served as the teaching assistant, lecturer and associate professor of the social science department of Jiangxi University of Traditional Chinese Medicine from July 1990 to September 2000, and the officer of the regulation and supervision department and assistant consultant of the division of regulation of the NSSF from November 2003 to September 2007.

China Cinda Asset Management Co., Ltd. Announces Management Changes

China Cinda Asset Management Co., Ltd. announced that Mr. Zhu Wuxiang and Mr. Sun Baowen are appointed as directors of the company. Mr. Zhu Wuxiang and Mr. Sun Baowen will serve as independent non-executive Directors of the Board of the company with effect from October 25, 2016 until the expiry of the term of office of the current session of the Board. Mr. Zhu currently serves as an independent Director of China Fortune Land Development Co., Ltd. Mr. Sun currently serves as an independent Director of Loften Environmental Technology Co., Ltd.

China Cinda Asset Management Co., Ltd., Special/Extraordinary Shareholders Meeting, Oct 31, 2016

China Cinda Asset Management Co., Ltd., Special/Extraordinary Shareholders Meeting, Oct 31, 2016, at 09:30 China Standard Time. Location: Conference Room 1111, 11th Floor, No. 1 Building 9 Naoshikou Street, Xicheng District Beijing China Agenda: To consider and approve the proposed transfer of equity in Cinda P&C and relevant authorization.


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Price/Cash Flow 5.8x
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