The company's predecessor, China Cinda Asset Management Company, was established in April 1999. It was the first financial asset management company approved by the State Council to effectively mitigate financial risks, maintain financial system stability, and promote the reform and development of state-owned banks and enterprises. In June 2010, China Cinda Asset Management Co., Ltd. was completely restructured into China Cinda Asset Management Co., Ltd. In April 2012, the company introduced four strategic investors: the National Social Security Fund Council, UBSAG, CITIC Capital Holdings Limited, and Standard Chartered Bank. On December 12, 2013, the company was listed on the main board of the Hong Kong Stock Exchange, becoming the first Chinese financial asset management company to enter the international capital market. The company's main business includes non-performing asset management business and financial service business, of which non-performing asset management is the company's core business. The Company has 33 branches in 30 provinces, autonomous regions and municipalities in mainland China, and nine directly managed platform subsidiaries for non-performing asset management and financial services in the Mainland and Hong Kong, including Nanyang Commercial Bank Limited, Cinda Securities Co., Ltd., China Jingu International Trust Co., Ltd., Cinda Financial Leasing Co., Ltd., China Cinda (Hong Kong) Holdings Limited, Cinda Investment Co., Ltd., Cinda Capital Management Co., Ltd., Zhongrun Economic Development Co., Ltd., and Zhongrun Economic Development Co., Ltd., with group employees of about 0.014 million people. In 2024, the company won the “China Finance” “Best Listed Company Award”, the 2024 New Quality Productivity Investment Institution Soft Power Ranking “Top 20 Financial Institutions”, the 2024 China Equity Investment Market Institution Limited Partner Limited Partner, the 10th China Asset Securitization Forum “Outstanding Initiator of the Year” and “Outstanding Initiator of the Asset Securitization Innovation Business” by the Shanghai Stock Exchange in 2024. Various awards, such as the Disclosure Award, the “Jin Lingguang Award” and “Xinchuang Circuit First Prize” of the China Internet Innovation Competition, the “2024 China Brand Development Research Report” annual brand innovation development case, the China Banking Association Banking Industry “Financial Inclusive Finance” Good News Award, the “China Bank and Insurance News” “Jinnuo Financial Brand Annual Promotion Film”, Sina Finance's “2nd Financial Institutions Short Video Competition” Technology Finance Theme Award.