China CITIC Financial Asset ManagementLtd. 

China Huarong Asset Management Co., Ltd., together with its subsidiaries, provides various financial asset management services. It operates through three segments: Distressed Asset Management, Financial Services, and Asset Management and Investment. The company manages, invests in, and disposes financial and non-financial institution distressed assets, including debt-to-equity swap assets. It is also involved in bankruptcy management, and investment and securities dealing activities; provision of financial bonds issuance, inter-bank borrowing and lending, and commercial financing for other financial institutions; asset securitization, financial institutions custody, and closing and liquidation of businesses; consulting and advisory business on finance, investment, legal, and risk management activities; and assets and project evaluation businesses. In addition, the company offers lending services to corporates and individuals, as well as clearing and settlement, financial leasing, securities and futures, fund management and asset management, trust, real estate and industrial investments, and other services, as well as accepts deposits from customers. Further, it provides leasing, futures broking, wealth management, and investment banking services, as well as personal consumption loan. The company operates 33 branches in 30 provinces, autonomous regions, and municipalities in Mainland China, and Hong Kong and Macau. The company was founded in 1999 and is headquartered in Beijing, the People's Republic of China.