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China Cinda Snapshot
China Cinda Asset Management is keen to acquire non-performing assets of China's largest financial institutions and other businesses. The company is one of four financial asset management companies established in 1999 by the Chinese government to manage the non-performing assets of the China Construction Bank and State Development Bank. China Cinda's services include debt collection and swapping, asset leasing, and acquiring, managing, and disposing of non-performing assets. Its portfolio includes real estate, coal, chemical, construction materials, textile, metals, and power industry assets. Units include Cinda Securities and Cinda Futures.
