|Distressed Asset Management|
Distressed asset management is the foundation of our products and businesses. We apply different operational and management models for different distressed asset market segments to realize income from appreciation in asset value and restructuring of assets. Our distressed asset management business is comprised of distressed debt asset management, DES asset management, custody and agency services for distressed assets, distressed asset-based special situations investments and distressed asset-based property development. Leveraging our professional technical advantage, extensive experience in capital operations and abundant client resources, our professional team is able to maximize the appreciation in the value of distressed assets. Based on our experience, we have explored and formed a distressed asset pricing mechanism and a risk control system that are suitable to the circumstances specific to our businesses. Meanwhile, by relying on our refined process management and risk management systems, careful and robust due diligence, flexible transaction structure planning and stringent project risk control, we have effectively controlled risks associated with our business. Prior to the acquisition of distressed asset, we conduct stringent due diligence investigation and prudent assets evaluation. After the commencement of a project, we conduct regular and consecutive monitoring as well as dynamic management of the project and the related collateral. When we dispose assets, we also conduct appropriate evaluation and make the disposal in a public and transparent manner. Through this project workflow, we could classify, reassess and enhance the value of our distressed assets, while at the same time, maximize the return of our business.