Significant Events
Introduction of COAMC
Chairman's Message
Company Leaders
Organizational Chart
Corporate Culture
Significant Events
COAMC Group Members
Location：
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
  • 2001
  • 2000
  • 1999
2019.12
On December 18, China Orient successfully issued 5 billion yuan of secondary capital bonds in the national inter-bank bond market, with a coupon rate of 4.18% and an issuance multiple of 2.98 times, becoming the first financial asset management company to issue both secondary capital bonds and ordinary financial bonds in the same year.
2019.11
On November 15, China Orient held the 2019 Targeted Poverty Alleviation Work Promotion Meeting. The meeting summarized and reviewed the targeted poverty alleviation work since this year and made arrangements and deployments for the completion of targeted poverty alleviation work in this year.
2019.11
On November 1, China Banking and Insurance Regulatory Commission (CBIRC) suggested to appoint Ding Jianping as Assistant President of China Orient Asset Management Co., Ltd. On December 30, after the deliberation and approval of 29th meeting of the first board of directors of China Orient, Ding Jianping was appointed as Assistant President of China Orient Asset Management Co., Ltd. The qualification approval procedures are being processed at the moment.
2019.10
On October 15, China Orient held a Group Collaborative App Release Conference. Collaborative development is a development strategy that China Orient must firmly implement. As the first group collaborative platform independently developed by China Orient, the Group Collaborative App platform is an effective carrier to realize the group collaborative development strategy.
2019.10
On October 12, China Orient held a general meeting at its headquarters to celebrate its 20th anniversary. China Orient was born at the time of the financial crisis and under the strong leadership and wise decision of the Party Central Committee. For 20 years, China Orient has always been a loyal practitioner of the national will, an important participant in the market economy and a major leader in the non-performing asset industry. In line with the principle of simplicity and enthusiasm, China Orient also held a series of celebration activities such as Yesterday, Today and Tomorrow - Story of China Orient and Myself of Republic Story-telling Session, The New Generation Says - I Grow up with Motherland speech contest, and Tea Party of Celebrating Chongyang Festival for retired officers at headquarters, etc. to review the development process of China Orient, pass on the red gene, keep in mind the original aspiration and mission, gather the development momentum to write a new chapter in the high-quality development of China Orient at a new starting point.
2019.10
On October 9, China Orient and Shandong Provincial People's Government signed a strategic cooperation agreement. According to the agreement, the two parties will carry out in-depth cooperation on the main business of non-performing asset, diversified comprehensive finance and other aspects, and rely on government platform to promote the development of the main business of non-performing asset to realize resource sharing and complementary advantages.
2019.9
On September 25, China Orient and Shenzhen Investment Holdings Co., Ltd. signed a strategic cooperation agreement. China Orient and Shenzhen Investment Holdings have actively carried out cooperation in the reform of state-owned enterprises, cooperative shareholding, joint bail-out, credit evaluation, stock underwriting and other aspects, and have established a good foundation for mutual trust and cooperation. The signing of this strategic cooperation agreement enables the two parties to jointly serve the construction of the Guangdong-Hong Kong-Macao Greater Bay Area and the pilot demonstration area of socialism with Chinese characteristics at a higher starting point, a higher level and a higher goal. On December 13, the two parties cooperated closely and sincerely to sign an equity transfer agreement on Shenzhen Foreign Trade Group, a debt-to-equity swap enterprise owned by China Orient, writing a new chapter of win-win cooperation.
2019.9
On September 12, China Banking and Insurance Regulatory Commission (CBIRC) Party Committee appointed Qiu Baolin as a member of CPC Committee and secretary of Discipline Inspection Commission of China Orient Asset Management Co., Ltd.
2019.9
On September 6, China Orient Party Committee held a special democratic life meeting on the rectification of the inspection and feedback of the China Banking and Insurance Regulatory Commission (CBIRC) Party Committee. The leadership of China Orient Party Committee conducted a comparative examination and carried out criticism and self-criticism. China Orient has deeply awarded that the patrol work is a major measure to comprehensively and strictly govern the Party. China Orient will earnestly carry out rectification according to the requirements of the CPC CBIRC Committee and the patrol work leading group.
2019.9
On September 4, at the Beijing Financial Assets Exchange (CFAE), China Orient held a ‘China Orient 20th Anniversary Asset Promotion Conference’ and signing ceremony for strategic cooperation with the Beijing Financial Assets Exchange. China Orient and CFAE will carry out in-depth cooperation in promoting the preservation and appreciation of state-owned assets, promoting the development of market-oriented debt-to-equity swap business, improving the disposal efficiency of non-performing asset, developing the business of debt financing instruments and other aspects to jointly help the high-quality development of the real economy.
2019.8
On August 27, China Orient Party Committee held a special democratic life meeting on the theme of Remain True to Original Aspiration and Keep Mission Firmly in Mind. The meeting reported on the implementation of the rectification measures of the 2018 democratic life meeting, the progress of the thematic education special rectification, and the solicitation of opinions by the thematic democratic life meeting, which were reviewed and analysed by the leadership of the China Orient Party Committee.
2019.8
On August 16, China Orient successfully issued first financial bond in 2019 in the inter-bank market. This issue of financial bonds has a scale of 4 billion yuan, a term of five years and a coupon rate of 3.4%. It’s the first single financial bond used by a financial asset management company for debt-to-equity swap. This bond is the first time to introduce targeted RRR cuts capital for debt-to-equity swap of People's Bank of China. The capital cost has been greatly reduced. It is the first time that China Orient has received policy capital support since 2006.
2019.7
From July 31 to August 1, China Orient held Mid-2019 Work Conference. The conference summarized and reviewed the work in the first half of the year, thoroughly analysed the complex situation facing the current development, and studied and deployed the work direction and measures in the second half of the year.
2019.7
On July 27, China Orient successfully applied to the National Intellectual Property Administration for registration for important trademarks such as ‘China Orient,’ ‘China Orient Asset’ and others, further enhancing the goodwill and intangible asset value of China Orient.
2019.7
On July 25, the 224th regular press conference of the banking and insurance industry China Orient Special was successfully held in the China Banking and Insurance Regulatory Commission. The theme of the press conference was Strengthen, Optimize and Enlarge Main Business of Non-performing Asset to Promote Realization of High-quality Development in China Orient. The conference conveyed to the market that China Orient as a state-owned financial asset management company, firmly held its position and function in the development of the national economy, firmly established the concept that non-performing asset management was the ‘source’ of the growth of China Orient, the ‘foundation’ of existence and the ‘way’ of development, and highlighted the firm determination of China Orient to carry out its initial mission through strengthening the main business of non-performing asset, resolving financial risks and serving the real economy.
2019.7
On July 2, China Banking and Insurance Regulatory Commission (CBIRC) recommended Zhang Xiangdong as Assistant President of China Orient Asset Management Co., Ltd. After deliberation and approval by the 26th Meeting of the First Board of Directors of China Orient Asset Management Co., Ltd. on August 26 and with approval by the CBIRC on November 20, Zhang Xiangdong was appointed as Assistant President of China Orient Asset Management Co., Ltd.
2019.7
Starting from July 1, China Orient Party Committee took the lead in a week-long intensive study and seminar according to Remain True to Original Aspiration and Keep Mission Firmly in Mind Theme Education Work Plan of China Orient Asset Management Co., Ltd. to promote learning to go deep, to heart and to reality.
2019.6
On June 20, China Orient and Alibaba held comprehensive cooperation signing ceremony and an asset promotion conference of Science and Technology Empowerment, Innovation Integration and Symbiotic Development in Hangzhou. The parties will rely on their respective advantages in their respective fields and jointly explore ways to realize the marketing and disposal of non-performing asset through Internet technologies, channels and data to realize resource sharing, customer sharing, complementary advantages and win-win cooperation.
2019.6
On June 17, China Orient Party Committee held a company system mobilization meeting on the theme of Remain True to Original Aspiration and Keep Mission Firmly in Mind to further study and implement the spirit of General Secretary Xi Jinping's important speech and the deployment of the CPC CBIRC Committee and to carry out the mobilization and deployment of theme education in the China Orient System.
2019.4
On April 11, China Orient held the mobilization meeting of the first inspection team of the Party Committee of the China Banking and Insurance Regulatory Commission (CBIRC) to inspect the company in 2019. Carrying out inspections is a major measure taken by the CPC CBIRC Committee, to strengthen and improve the Party building and a basic requirement for all-round and strict Party management. China Orient said that it would fully cooperate with the inspection work and take the inspection as an opportunity to unify its thoughts and actions into the decision-making arrangements of the CPC Central Committee, into the spirit of General Secretary Xi Jinping's important instructions and indications on financial work, into the work deployments of the CPC CBIRC Committee, and further push all works to a new level and create a new situation.
2019.4
On April 10, China Orient held a Financial Risk Prevention and Control Summit Forum and the Press Conference of China Financial Non-performing Asset Market Survey Report (2019). The holding of the summit forum and the release of the survey report are of great significance for preventing and resolving financial risks and promoting the healthy development of AMC industry under the new situation and have received extensive attention from the industry.
2019.4
On April 2, China Orient and Industrial Bank signed a strategic cooperation agreement. The parties will carry out in-depth cooperation in non-performing asset business, interbank fund business, bond issuance and underwriting business, insurance business, rating business, characteristic services and other fields, build a ‘mutual customer,’ ‘mutual product’ and ‘mutual customer manager’ system, and jointly create a new situation of cooperation.
2019.3
On March 18, Dongxing Securities, a subsidiary of China Orient, issued ‘Dongxing Securities Co., Ltd. 2019 Non-public Placement Corporate Bonds (Phase I).’ This issue of the current bonds has a scale of 4 billion yuan, a term of 1 year, a AAA corporate credit rating and a coupon rate of 3.54%. The issuance has received a total of 8.49 billion yuan of oversubscription from 23 investors, with a bid multiple of 2.12 times. This issue has realized the lower issue price of peers in the same period, reflecting investors’ full recognition of Dongxing Securities.
2019.3
On March 18, China Orient held the 2019 Work Conference for Targeted Poverty Alleviation Work Leading Group. The conference comprehensively summarized the 2018 poverty alleviation work and arranged and deployed the 2019 targeted poverty alleviation work of China Orient.
2019.1
On January 30, China Orient held the 2019 Systematic Conference on Building a Clean and Honest Party and Discipline Inspection and Supervision, conveying, studying and implementing the spirit of the 2019 conference on the building of a clean and honest Party and discipline inspection and supervision organized by the China Banking and Insurance Regulatory Commission, summarizing the 2018 conference on the building of a clean and honest Party and discipline inspection and supervision, and deploying the crucial tasks of 2019.
2019.1
From January 28 to 29, China Orient held the 2019 Work Conference in Beijing. The conference summarized and reviewed the work of 2018, thoroughly analysed the current development situation, and studied and deployed the work of 2019.
2019.1
On January 18, China Orient won the 2018 Outstanding Participating Agency Award in Asset Securitization Business issued by Shanghai Stock Exchange, which indicated that China Orient has strong influence and leading position in asset securitization.
2019.1
On January 18, China Orient signed a strategic cooperation agreement with Beijing Haidian District People's Government and ByteDance Co., Ltd. in Beijing. The three parties will take the signing of the strategic cooperation agreement as an opportunity to continue to deepen practical cooperation in non-performing asset business, industrial investment, capital operation, capital management and other fields, giving full play to their respective advantages and achieving win-win cooperation.
2019.1
On January 11, the signing ceremony of the China Orient and China Gold Group Strategic Cooperation and Marketable Debt-to-Equity Swap Project was held in Beijing. The project is the first to lock in advance the price of stock conversion, which will effectively promote enterprises to optimize their financial structure and reduce leverage ratio.
2018.12
On December 11, China Orient Signed strategic cooperation agreement with China Everbright Group in Beijing, based on which the both sides will carry out in-depth cooperation in such fields as banking business, non-performing asset business, capital market business, industry-finance integration, insurance business and characteristic services to promote mutual cooperation.
2018.12
On December 5, China Orient successfully set up “Ruri Phase-II asset backed securities in 2018” and “Xuri Phase-I backed securities in 2018”, indicating that China Orient has established a solid asset-backed security product line in stock exchanges, and become a leader in domestic asset securitization field. 
2018.11
On November 30, China Orient signed strategic cooperation agreement with Zhejiang Provincial People’s Government, based on which the both sides will carry out in-depth cooperation in such areas as non-performing asset business, industry investment, M&A and reorganization and financial consulting, in hope of achieving a win-win situation through giving full play to their respective advantages.
2018.11
On November 8, the Special Session of China Orient during the 190th Regular Press Conference of the Banking Industry was successfully held in CBIRC. The press conference focused on China Orient’s achievements in actively returning to its main business of non-performing assets and helping win the battle against financial risks, conveying to the market the confidence and resolution of China Orient in making real efforts to help deepen supply-side structural reform and improve the quality and efficiency as to its serving the real economy.
2018.11
On November 7, CBIRC appointed comrade Xiong Qiugu as the member of China Orient Party Committee.
2018.11
On November 6, China Orient organized and held a business exchange seminar with trust institutions, during which such controlling subsidiaries of China Orient as China Insurance, Bank of Dalian, Dongxing Securities, Orient Golden Credit Rating and Daye Trust shared their experience in cooperating with trust institutions, and such trust institutions (20+ in total) attending the seminar on invitation as CITIC Trust, Chongqing Trust, Zhongrong Trust, CCB Trust and AVIC Trust pointed out cooperation opportunities and proposed cooperation plans from multiple perspectives.
2018.10
On October 24, comrade Hu Jianzhong was appointed and verified by CBIRC Party Committee as the deputy secretary of China Orient Party Committee. On December 27, comrade Hu Jianzhong was examined and approved by the second extraordinary general meeting of shareholders of China Orient in 2018 and verified by CBIRC as the shareholder representative supervisor of China Orient. Subsequently, comrade Hu Jianzhong was recommended by the thirteenth meeting of the first board of supervisors of China Orient and verified by CBIRC as the chief supervisor of China Orient.　
2018.10
On October 16, Dongxing Securities, a subsidiary of China Orient, set up a bail-out fund together with Haidian District, Beijing. Totaling 10 billion yuan, the fund has had its first phase (2 billion yuan) been completely raised, among which 1 billion yuan was subscribed by China Orient. The fund aims to help private technology listed companies resolve stock pledge risks etc. through accepting no more than 10% of the total equities of such listed companies. The setup of the joint bail-out fund fully demonstrates the unremitting efforts made by China Orient and its subsidiaries in focusing on main responsibilities and businesses, giving full play to the advantages of comprehensive financial services, preventing and resolving financial risks and improving the quality and efficiency in serving the real economy. 
2018.9
On September 10, China Orient signed strategic cooperation agreement with Qingdao Municipal Peoples Government, based on which the both sides will carry out in-depth cooperation in such areas as non-performing asset business, investment and financing, M&A and reorganization, credit rating, financial consulting and overseas financial business, in hope of achieving a win-win situation through giving full play to their respective advantages.
2018.8
On August 21, China Orient Signed strategic cooperation agreement with CMBC in Beijing, based on which the both sides will carry out cooperation in such areas as non-performing asset acquisition, capital operation, M&A and reorganization. 
2018.8
On August 15, China Orient issued 8 billion yuan of ordinary financial bonds in the national inter-bank bond market, including 2 billion yuan of three-year bonds, 1 billion yuan of five-year bonds and 5 billion yuan of 10-year bonds. It was the first time for China Orient to issue five-year financial bonds, realizing the full coverage of financial bonds with common terms.
2018.7
On July 23 and 24, China Orient held 2018 midyear work conference in Beijing, to review the work in the first half of the year, implement comprehensive and in-depth analysis on the economic situations, regulatory requirements and market opportunities regarding the development of the group, and make arrangements and deployments for the work in the second half of the year.
2018.7
On July 20, China Orient successfully issued 12 billion yuan of ordinary financial bonds in the national inter-bank bond market, including 2 billion yuan of three-year bonds and 10 billion yuan of 10-year bonds. The nominal interest rates the two kinds of bonds just mentioned were respectively 4.29% and 4.92%, both the minimum issuance prices for financial bonds with the same terms issued by non-banking financial institutions since the beginning of the year.　
2018.7
On July 4, the “New Situation · New Asset Management · New Journey - 2018 China AMC Strategic Cooperation Summit Forum” sponsored by China Orient was successfully held in Beijing. With the four major financial asset management companies, various local asset management companies, industry investors and other representatives of the asset management industry as participants, the forum was designed to study and analyze the challenges and opportunities faced by China’ s non-performing asset industry under the new situations. During the forum, China Orient signed strategic cooperation agreements with 49 local AMCs, issued the Initiative for the Development of China’s Non-performing Asset Industry to all other peers in the non-performing asset industry, and initiated the preparation of the 50-people forum for the development of AMC in China. 
2018.6
On June 27, China Orient, through “head-to-head” cooperation, succeeded in acquiring the non-performing asset package project of Xinhye Bank through consideration with 23.973 billion yuan, which for China Orient, is the financial non-performing asset package project with the largest single acquisition principal and investment amount in recent years.
2018.6
On June 26, China Orient signed strategic cooperation agreement with Shanghai Stock Exchange, during which the two sides exchanged in-depth views on jointly exploring new ways to prevent and resolve financial risks and reached a consensus on such strategic cooperation directions as better providing multi-level financial services for the real economy.
2018.6
On June 19, China Orient signed the “1+n” Strategic Cooperation Agreement with Japan ORIX Group, based on which the both sides will carry out in-depth cooperation in strengthening capital cooperation, building financial service platforms, sharing project resources and management experience and facilitating the construction of regional financial centers.
2018.5
On May 3, the “Ruri Special Asset Support Plan” jointly implemented by China Orient and Dongxing Securities acquired the no objection letter issued by Shanghai Stock Exchange. Reserving 50 billion yuan, the special asset support plan is valid within two years with an issuance number of less than 10.
2018.4
On April 28, comrade Deng Zhiyi was appointed and verified as the deputy secretary of China Orient Party committee by CBIRC Party Committee . On August 10, comrade Deng Zhiyi was examined and approved by the 2017 general meeting of shareholders of China Orient and verified by CBIRC as the executive director of China Orient. Subsequently, comrade Deng Zhiyi was examined and approved by the 15th meeting of the first board of directors of China Orient and verified by CBIRC as the president of China Orient.
2018.4
On April 20, Dongxing Securities, a subsidiary of China Orient, successfully raised 4.5 billion yuan in the first phase of the 7.5 billion yuan smart home appliance industry fund project in its charge. Based on the brand of China Orient, the project gave full play to the advantages of comprehensive financial services and achieved the effective connection between enterprises, government and finance. The project set two records in succession, namely filing completion with the Asset Management Association of China within only four days, and the largest single issuance ever occurred in Beijing Financial Asset Exchange.
2018.4
On April 19, the Special Session of China Orient during the 161st Regular Press Conference of the Banking Industry was successfully held in CBIRC. The press conference focused on China Orient’s efforts to strengthen its main business of non-performing assets, and mentioned China Orient’s introduction of strategic investors and other hot topics, conveying to the market the confidence and resolution of China Orient in making real efforts to help deepen supply-side structural reform and improve the quality and efficiency as to its serving the real economy.
2018.4
On April 12, the Survey Report on China’s Financial Non-performing Asset Market (2018) releasing ceremony was held in the headquarters of China Orient. Being released for 11 consecutive years, the report has become a great event in the field of non-performing asset research and also gained wide attention in the industry.
2018.3
On March 13, China Orient held the work conference of the leading group for fixed-point poverty alleviation in Changsha, Hunan, to further define the main objectives, tasks and key measures regarding the fixed-point poverty alleviation work at present and in the future.
2018.3
On March 1, China Orient Signed strategic cooperation agreement with Agricultural Bank of China Co., Ltd. in Beijing, based on which the both sides will focus on the transaction and disposal of non-performing assets, carry out diversified business cooperation in such fields as bond issuance, payment and settlement, and push their sound cooperation to a new height.
2018.2
On February 23, China Orient received the Reply of CBRC to the Introduction of Strategic Investors by China Orient(Yin Jian Fu [2018] No. 52), approving the National Council for Social Security Fund to increase its shares in China Orient as a strategic investor of China Orient, and approving China Orient to introduce China Telecom Group Co., Ltd., Guoxin Capital Co., Ltd. and Shanghai Electric Group Co., Ltd. as its new strategic investors.　　 
2018.2
On February 3, China Orient held the 2018 Construction of honest and clean Party and Discipline Inspection Work Meeting, to study and implement the spirits of the Second Plenary Session of the 19th CPC Central Commission for Discipline Inspection and the Construction of Honest and Clean Party and Discipline Inspection Work Meetingof the CBIRC system. It summarized the group’s last year work, and made arrangements for 2018. 
2018.2
On February 2, China Orient Party Committee held the 2017 Meeting of Democratic Life for Leading Cadres as Party Members, during which Party Secretary Wu Yue briefed the implementation of rectifications regarding problems proposed in the 2016 meeting of democratic life, and the solicitation of opinions and suggestions regarding the 2017 meeting of democratic life, and also made a comparative inspection on behalf of the leading group of the Party Committee.
2018.1
On February 1 and 2, China Orient held its 2018 Work Conference in Beijing, to review and summarize the work in 2017, deeply analyze current situations and problems, and study and deploy the work in 2018.
2017.12
On December 26, with approval from 2017 COAMC 4th interim shareholders’ meeting, COAMC signed business transaction documents with National Council for Social Security Fund, China Telecommunications Corporation, China Reform Capital Corporation, Shanghai Electric Group respectively. As a key step for introducing strategic investors, COAMC laid a solid foundation for future IPO process and reform and development.
2017.12
On December 22, the second session of COAMC's 1st Meeting of Workers and Staff was held in Beijing. 153 formal worker representatives from all units under the system of COAMC and one specially-invited worker representative gathered to give advice and suggestions on COAMC's reform, innovation and development.
2017.12
On December 22, 2017, the award ceremony of "2017 Gold Medal of Chinese Financial Institutions - Golden Dragon Award" was held in Beijing. COAMC won the prize of "2017 Most Competitive Asset Management Company" of 2017 Gold Medal of Chinese Financial Institutions - Golden Dragon Award.
2017.12
On December 19, 2017, a delegation led by Wu Yue - Secretary of Party Committee and Chairman of the Board of Directors of COAMC went to Shaoyang County, Hunan Province, paying a visiting to the poverty-stricken and COAMC's poverty alleviation cadres in Shaoyang. They visited and surveyed the industrial projects assisted by COAMC.
2017.12
On December 18, China Banking Association Industry Development Study Committee Re-election Meeting and first session of the third meeting was held in Beijing. 17 institutions, including COAMC, won outstanding contribution award given by Industry Development Study Committee.
2017.11
On November 2, Golden Credit Rating International, Co., Ltd, held by COAMC, announced with Russian credit rating agency ACRA that they signed MOU. ACRA is the most influential credit rating agency in Russia; its cooperation with Golden Credit would promote the financial exchange between the two countries and achieve a win-win situation.
2017.10
On October 31, COAMC held customer exchange meeting themed on “Achieve Success Together with COAMC - For Every Growth to Success” at the hall of the headquarters. Wu Yue - Secretary of the Party Committee and Chairman of the Board of Directors of COAMC attended the meeting and gave a speech. He expressed sincere thanks to the customers for their long-term support and help for COAMC and also expressed his expectations to go forward and make progress together with the customers in the aspects of focusing on main businesses and serving the real economy.
2017.10
October 16, 2016 was a memorable day in the development history of COAMC. In the past year, at the new starting point of restructuring and reform, COAMC has remained to its original aspiration and forged ahead, kept a good trend of sustainable and healthy development. The Company's size and profit have rose to a new step. The company has preliminarily become a modern financial service group with standardized governance, powerful control, serving the main business, advanced culture and outstanding performance. COAMC will focus on NPA business and give play to the advantages of full license financial toolkit, it shall arise to its task of preventing and resolving financial crisis, maintain financial stability, make greater contribution the real economy.
2017.10
On October 13, COAMC held awarding and commendation Meeting for the 1st group of grassroots Party building demonstration sites, and deployed next stage’s Party work. COAMC awarded the 10 grassroots Party building demonstration sites and deployed next step’s party construction work. In combination with the new tasks, requirements and deployments for Party building work in the 19th National Congress of the CPC, the Party organizations should make new three-year Party building plan, setting new targets and measures to push the Party building work of the company system to a new level.
2017.9
On September 28, the three international rating agencies, Standard & Poor’s (S&P), Moody’s, and Fitch Ratings completed the annual verification work for COAMC’s rating. The three agencies all kept COAMC’s current rating as S&P rated A, Moody’s rated A3, and Fitch Ratings kept BBB+, with a stale outlook. It strongly demonstrated COAMC’s positive image to the foreign investors and built COAMC’s sound credit for future development.
2017.9
On September 26, COAMC’s first credit asset structured exchange product successfully listed in China Credit Assets Registry & Exchange Co., Ltd ( CCAREC). It was also CCAREC’s first successful public competitive bidding business. With active management and continuous purchase in the product design, it became the first large public loans with circular purchase structure product, a pioneering product in the market in many ways.
2017.9
On September 26, Bank of Dalian, held by COAMC, successfully issued 5 billion yuan’s Secondary Capital Debentures in China’s interbank bond market with a 5% coupon. It supplemented Bank of Dalian’s capital stock and optimized the asset liability structure. It laid solid foundation for Bank of Dalian’s reform to an asset-light, sophisticated, and intelligent modern bank.
2017.9
On September 6, COAMC successfully issued 4 billion Yuan’s Secondary Capital Debentures, the first time that COAMC issued bonds in the open market after the restructuring, a milestone for developing the Company's medium and long-term financing channels, reducing the financing cost and optimizing the liability structure. At the same time, this issuance supplemented the Company's capital and optimized the capital structure and laid a solid foundation for COAMC to further develop its non-performing asset business.
2017.7
From July 20 to July 21, COAMC convened 2017 Half-yearly Meeting in Beijing, conveyed the spirit of National Financial Work Meeting, and summarized the past half year’s work, analyzed current problems and situation, and deployed next half year’s work. The meeting urged the staff to complete this year’s task with strong confidence and active cooperation to celebrate the grand opening of the 19th National Congress of the CPC.
2017.7
On July 18, the releasing ceremony and report meeting of 2017:  Market Research Report on NPLs in China was held in COAMC’s headquarter. The publication for the report in10 consecutive years showed COAMC’s sense of responsibility to work hard on NPA business.
2017.5
On May 16, Wu Yue , COAMC’s Party Secretary and chairman met Jean-Pierre Raffarin, former French Prime Minister and chairman of La Fondation Prospective & Innovation, and they attended the signing ceremony of strategic cooperation agreement between COAMC (International) and French Idinvest Partners.
2017.5
On May 9, the inauguration ceremony of COAMC Postdoctoral Center and the 1st report meeting of postdoctoral thesis proposals was held in Beijing. Wu Yue - Secretary of the Party Committee and Chairman of the Board of Directors of COAMC, Wang Guogang - a member of the Chinese Academy of Social Sciences and President of the Financial Institute under the Chinese Academy of Social Sciences, professor Wu Xiaoqiu - Vice President of Renmin University of China attended the ceremony.
2017.3
On March 1, COAMC Zhejiang Branch cooperated with Alibaba to explore the online disposal of NPL on Taobao.com. Through this cooperation, COAMC explored innovative way to dispose NPL based on previous experience.
2017.2
On February 23, Ningbo Financial Asset Management Co., Ltd completed business registration work. As COAMC led its establishment and invested in the company, it marked remarkable progress in COAMC’s construction in local AMCs.
2017.2
On February 15, COAMC held Introduction of Strategic Investors Blue Gulf Project Launch Meeting, which marked the official beginning of introduction of strategic investors work.
2017.1
On January 23, COAMC convened 2017 construction of honest and clean Party and Discipline Inspection Work Meeting in Beijing. The meeting conveyed and implemented the sipirt of 2017 construction of honest and clean Party work meeting of the 7th plenary meeting of the 18th Central Commission for Discipline Inspection and China Banking Regulatory Commission, summarized 2017’s work on construction of honest and clean Party and deployed main tasks in 2017.
2017.1
From January 21 to 23, COAMC convened 2017 annual work meeting in Beijing. The meeting summarized last year’s work and current issue, and laid out work plan for 2017. The meeting pointed out that 2017 is the beginning year after the company’s structural reform, and it was vital to promote comprehensive party construction and seek progress in stability. With development listed as primary task, the meeting called for stable growth and to improve business performance, work hard to build a top-notch modern financial group with competitive advantages.
2016.12
By the end of 2016, the total assets of the Group was RMB 805.521 billion, which was increased by RMB 394.151 billion through comparing with that at the beginning of the year, with growth rate of 95.81%; The owner's equity was RMB 95.339 billion, which was increased by RMB 39.127 billion through comparing with that at the beginning of the year, with growth rate of 69.61%; The owner's equity attributable to the parent company was RMB 64.606 billion, which was increase by RMB 24.362 billion, with growth rate of 60.54%. In 2016, RMB 8.168 billion of net profits attributable to the parent company’s owner was realized by the Group, which was increased by RMB 1.190 billion through comparing with that at the same period of last year, with growth rate of 17.05%.
2016.12
On December 9, the award ceremony of “2016 China Financing Institution Gold List ? Golden Dragon Award” was held in Beijing. COAMC was awarded with “2016 Most Competitive Asset Management Company”, and China Insurance, subordinated to COAMC, was awarded with “2016 Best Agricultural Insurance Service Insurance Company”.
2016.8
On August 30, the foundation conference of China Orient Asset Management Co., Ltd. was held in Beijing. China Orient Asset Management Co., Ltd. is a company jointly established by Ministry of Finance and National Council for Social Security Fund with the registered capital of RMB 55.363 billion. On September 27, financial license issued by CBRC was obtained. On September 29, the new business license issued by Beijing Administration for Industry and Commerce was obtained. On October 16, China Orient Asset Management Co., Ltd. held foundation conference in Beijing.
2016.8

On August 30, Bank of Dalian and Dongxing Securities held the signing ceremony in Beijing and signed the strategic cooperation memorandum, and conducted business communication for their cooperation fields.

2016.8
On August 18, COAMC received Notice on China Orient Management Company Entering National Interbank Lending Market (Notice on Opening an Account at Lending Market) issued by China Foreign Exchange Trade System &National Interbank Funding Center, which approves China Orient to join in lending market and authorizes 100% of its paid-up capital as the highest borrowing and lending fund limit for RMB interbank lending.
2016.7
On July 28, special news conference of COAMC was successfully held in Beijing to introduce its reorganization progress and its various measures about its further strengthening of core non-performing asset businesses and deepening strategic synergy of the Group to over 30 medias from home and abroad.
2016.7
On July 15, China Insurance held the 30th anniversary and client service festival activities in Beijing, and jointly issued public benefit brand of “Love of China ? the Beauty of Insurance” together with the Central Committee of the Communist Young League.
2016.7
On July 1, Party Committee of COAMC held the commendation conference for commemorating the 95th anniversary of the founding of the CPC. The company commended outstanding members of the Communist Party, outstanding Party workers and advanced basic-level party organization.
2016.6
On June 28, Bangxin Asset, subordinated to COAMC, publicly issued the corporation bonds in 2016 in Beijing. Bond scale of RMB 1 billion, period of 6 years (3+3), credit rating of AA, issuing interest rate of 3.47%, which was the lowest issuing interest rate among all similar domestic assets management companies.
2016.6
On June 7, COAMC respectively signed cooperation agreement with Institute of Finance, Chinese Academy of Social Sciences and Renmin University of China to jointly cultivate postdoctoral research fellow.
2016.6
On June 6, on the “2016 China Internet + Brand Leader Summit Forum” jointly held by the affiliated periodical office of National Development and Reform Commission, China Internet Financial Research Center and China Financial Development Promotion Association, Eastlending was awarded with “Sample Unit of China's Internet Financial Security”.
2016.5
On May 31, Orient International, subordinated to COAMC, successfully held syndicated loan road show in Hong Kong, became the first enterprise to organize syndicated loan among four asset management companies, and further expanded the capital sources in Taiwan and Southeast Asia. 18 banks in Taiwan, and 17 banks from Japan, Korea, Singapore, India, Malaysia, the Middle East and Europe positively participated in this road show.
2016.5
On May 6, Party Committee of COAMC held the “Two-learning and one-acting” education deployment conference, to further study and carry out the General Secretary Xi Jinping’s important indication about study and education of “Two-learning and one-acting” and the spirit of study and education forum of “Two-learning and one-acting”, and comprehensively plan the systematic “Two-learning and one-acting” education in the company.
2016.5
On May 4, the Youth League Committee of COAMC organized and held the forum between leadership of the Party Committee and young employees with the theme of “I grow together with COAMC” in the headquarter.
2016.4
On April 20, CSRC reviewed the Dongxing Securities’ application for private issuance of A shares less than RMB 8 billion. Upon the audit results, Dongxing Securities’ application for private issuance of A shares passed.
2016.2
From February 29 to March 1, COAMC held 2016 construction of honest and clean government and disciplinary inspection and supervision meeting in Beijing, to communicate and implement the spirit of the 6th plenary meeting of the 18th Central Commission for Discipline Inspection and the 2016 construction of honest and clean government and disciplinary inspection and supervision meeting of CBRC, summarize the company’s honest and clean government construction and discipline inspection and supervision work in 2015 and deploy the main tasks in 2016.
2016.1
From January 20 -22, Secretary Wu Yue and Vice-president Xin Xuedong created the investigating team of 8 members, investigated 2 counterpart-assistance poor villages in Shaoyang County, Hunan Province, visited and condoled 34 poverty households to understand poverty households’ situation in detail, convened symposium with main leaders in County Party Committee and county government of Zhaoyang and the company’s leaders in the county to conduct poverty alleviation work to understand the implementation situation of fixed-point poverty alleviation work.
2016.1

On January 8, the Party Committee of COAMC held “Three Stricts and Three Honests” themed democratic life meeting. Secretary Wu Yue conducted reference inspection on behalf of the Party Committee Team of the company. Based on the requirements of “Three Stricts and Three Honests”, the members of Party Committee Team strictly conducted reference inspection, seriously carried out criticism and self-criticism, which achieved the purpose of mutual education and common enhancement.

2015.12
In 2015, Orient Asset obtained RMB 8.468 billion net profit after provision, total assets of RMB 410.723 billion, the net asset affiliated to the parent company of RMB 51.974 billion which was 5.19 times more than that of the establishment, and it achieved leapfrog development.
2015.12
On December 23, the scheme that Orient Asset holds Bank of Dalian Co., Ltd. through investment was approved by Ministry of Finance, and Orient Asset was agreed to hold 50.29% of shares of Bank of Dalian and became the holding shareholder; On December 30, the scheme of capital increase proposed by Orient Asset for Bank of Dalian was approved by China Bank Regulatory Commission, Dalian Bureau.
2015.12
On December 23, 31,780,000 shares issued publically by Shenzhen Silver Basis Technology Co., Ltd. (hereinafter referred to as “Silver Basis”, stock code: “002786”) was listed formally in Shenzhen Stock Exchange, and it was the second listed company of Orient Asset.
2015.12
In December, the overseas investment fund established by Orient International and KKR by joint investment focused on non-performing asset reorganization, discount acquisition of assets and other special opportunity investments.
2015.11
In November, Orient Bangxin Capital introduced external funds together with Dadi Digital Cinema, mainly established Orient Dadi Movie Fund, and successfully took the first step in the marketization fund operation of the cultural media field.
2015.10
Up to October 2015, the total amount of credit granting of Orient Asset in the financial institution has exceeded RMB 500 billion, and the number of credit granting financial institutions was up to 76.
2015.10
On October 23, the first general meeting of the first congress of workers and staffs of Orient Asset was convened in Beijing. The successful convening of the meeting laid a solid foundation for the implementation and boosting of implementation plan of transformation and restructuring, establishment of modern enterprise system and perfecting of corporate governance structure.
2015.9
In September, under the meticulous organization and design of the capital operation and financial market department, the first asset securitization product – asset project cooperated by Orient Asset and China Merchants Bank under the full cooperation of Beijing Office and Dalian Office was implemented successfully.
2015.9
In September, the first domestic special enterprise bond “2015 special bond of city parking lot construction project earning of Luzhou (Phase I)” rated by Golden Credit was issued formally after being approved by National Development and Reform Commission.
2015.8
On August 31, Orient Asset received the transformation and restructuring scheme which was issued by Ministry of Finance and approved by the State Council.
2015.8
On August 25, the foreign trade lease issued the financial bond successfully, and publically offered three-year capital of RMB 2 billion in the interbank market, and the coupon rate was 4.64%.
2015.8
On August 12, the explosive accident occurred in Binhai New Area of Tianjin, China Property Insurance immediately established emergency work group, and was actively engaged in the disaster relief and impairment and rapid processing and compensation action.
2015.7
In July and September, Orient Asset held the system party organization secretary and party worker training class for two terms.
2015.7
On July 29, Wanlian E-Commerce Co., Ltd. subordinated to China Insurance held the opening ceremony and inaugurating ceremony in Beijing, which marked that China Insurance took the solid step in the Internet insurance business field.
2015.7
On July 24, Orient Asset signed the franchise agreement with Anzhen Hospital. Both parties intended to build and operate Anzhen International Hospital in Dongba Town, Chaoyang District, Beijing, and become the first case that the public hospital cooperated with the social capital to found hospital by franchise model.
2015.7
On July 17, Dongxing Securities established the wholly-owned subsidiary – Dongxing Securities (Hong Kong) Financial Holding Co., Ltd. in Hong Kong, with the registered capital of 0.3 billion Hong Kong dollars, and it is mainly engaged in implementing the businesses such as Hong Kong market securities transaction agency, provision of financing and IPO financing and other businesses for securities transaction, and actively boosting the implementation of the international business of the company.
2015.6
On June 2, Orient Asset signed a long-term strategic cooperation agreement with Chery Automobile Co., Ltd. Both parties would further deepen cooperation based on the executed business at earlier stage, and promote the cooperation of both parties towards development at more wider and deeper level, and create win-win.
2015.5
On May 29, Orient Asset convened system “Three Stricts and Three Steadies” special subject education mobilization and deployment and the Party committee central group to learn enlarged meeting. Secretary Wu Yue taught Party class to all party members of the company system, and deployed the company system to comprehensively implement “Three Stricts and Three Steadies” special subject education.
2015.5
On May 11, Orient Asset signed a comprehensive strategic cooperation agreement with Ant Financial in Hangzhou. It was an important measure that Orient Asset actively responded the national “Internet +” action plan, complied with the new development trend of financial industry, and actively embraced the Internet.
2015.5
On May 4, the establishment meeting of the Young Volunteer Association of Orient Asset was held in Beijing. The establishment of the Young Volunteer Association was an important milestone in the action that Orient Asset actively bore the social responsibility.
2015.4
In April, 12 small loan companies subordinated to Orient Bangxin stood out from more than 8,000 small loan companies taking part in the appraisal, and won the title of “Top One Hundred Small Loan Companies” by virtue of 21 advantages such as risk control, featured product, operation model and social responsibility.
2015.3
From March to August, Orient Asset system organizes to conduct the educational activity with the theme of “concern on Party spirit, comply with Party rules and focus on Party discipline”.
2015.2
On February 26, 500,000,000 RMB ordinary stocks (Stock A) of initial public offering of Dongxing Securities were listed in Shanghai Stock Exchange, and Dongxing Securities became the first domestic asset management company and the listed broker.
2015.2
In February, Orient Asset signed Strategic Cooperation Agreement with China Construction Bank. In future, both parties will conduct multi-aspect and multi-level cooperation in the asset management, asset disposal, investment bank, debt financing and other businesses and lease, trust, security, insurance and other fields.
2014.12

Up to the end of 2014, the group obtained net profit of RMB 7.392 billion. The total asset was up to RMB 319.5 billion, and the net asset affiliated to the parent company was RMB 41.5 billion.

2014.12
The great achievements were obtained by management and innovation, and the performance was excellent in Shanghai Office after comprehensive authorization, the new business scale was RMB 20 billion, the total profit was RMB 0.752 billion (including RMB 0.621 billion for commercial assessment profit and RMB 0.131 billion for suspicious profit of China Construction Bank) in 2014, which was 20.90% more than that at the same term of last year.
2014.12
Orient Asset established “Equity Investment Fund of Shanghai Free Trade Zone” together with Shanghai Lujiazui Financial Development Company, Shanghai Waigaoqiao and China Cinda. The fund is the first equity investment fund which focused on free trade zone and internal and external linkage for the first time.
2014.12
In “2014 Orient Wealth Billboard” of the annual finance selection activity sponsored by eastmoney.com and fund.eastmoney.com, and Dongxing Securities was awarded as “the Securities Company with Most Growth Potential”.
2014.10
Orient International obtained the securities transaction license of Securities and Futures Commission of Hong Kong (the first category of license regulated by activity), the business scope could be expanded to the placing, distribution, account book management or underwriting of all securities, and arrange other securities transactions related to enterprise financing.
2014.9
Hangzhou Office bid for RMB 1.657 billion non-performing asset package creditor’s right principal and interest of Agricultural Bank of China Shaoxing Branch. Up to the end of 2014, Hangzhou Office acquired a total of RMB12.325 billion of 42 non-performing asset package creditor’s right principals, which ranked first under jurisdiction.
2014.9
Dongxing Securities obtained the first batch of broker qualification of Hong Kong Stock through business smoothly through on-site inspection and all technical tests organized by Shanghai Stock Exchange.
2014.9
In the latest auto insurance claims settlement service appraisal result published by China Insurance Regulatory Commission Beijing Bureau, six comprehensive indexes of Beijing Branch, China Property Insurance ranked first, and the auto insurance claims settlement service was the “best” in the industry in Beijing.
2014.8
Orient International established 2 billion dollars overseas medium term note plan and obtained 1 billion dollars bond successful pricing successfully, obtained 10 times of over-subscription, and embodied highly recognition of overseas bond capital market for credit and excellent performance of Orient Asset.
2014.6
Orient Asset signed the strategic cooperation agreement with China Taiping Insurance Group Ltd. President Zhang Zi’ai and Wang Bin, Chairman of China Taiping Insurance Group made a speech on behalf of both party, and Vice-president Chen Jingyao signed the strategic cooperation agreement with Ding Xiangqun, Deputy General Manager of China Taiping Insurance Group.
2014.6
Orient Asset formally signed Strategic Cooperation Agreement with The Export-Import Bank of China. The Export-Import Bank of China is the second policy bank who establishes strategic cooperation relationship with our company following after China Development Bank.
2014.4
President Zhang Zi’ai and Assistant President Xu Yongli attended the cooperation agreement signing ceremony of Orient International and Great Eagle Group. Both parties established the closed-end fund which was invested in the American business office building property through cooperation and invested in the real estate enterprise with red chip structure.
2014.4
Guo Ligen, the Vice-chairman of CBRC declared the personnel appointment to the company: Wu Yue was employed as the Secretary of Committee of China Orient Asset Management Co., Ltd. of the Communist Party of China.
2014.2
Orient Asset convened the Party mass line educational practice activity summary meeting. President Zhang Zi’ai summarized the Party mass line educational practice activity of the company system, and Li Yanping, the Leader of the Fourth Supervision Group of CBRC addressed an important speech.
2014.1

After issuing five-year 0.6 billion dollars bond in September 2013, Orient International obtained three-year RMB 2.5 billion dim sum bond successful pricing again in overseas. Orient Asset become the first company to issue dollar and RMB bond in overseas among the domestic four largest asset management companies.

2013.12
By the end of 2013, total profit of COAMC exceeded RMB 10 billion for the first time. The parent company reaped RMB 8.1 billion in profit while companies in which it has a dominant share earned RMB 2.9 billion. COAMC registered a compounded growth rate of 88% in last three years. The Investment banking Department ranked the first, with a profit of RMB 815 million. Shanghai Branch, the best performer among all the branches in the past 2 years, registered a profit of RMB 564 million.
2013.11
2013/11/25-12/6, 260 junior managers of COAMC took part in training programs in Tsinghua University, Peking University, People’s University and Fudan University.
2013.11
2013/11/22, Dongxing Securities won the second place in the“2013 New Fortune Most Promising Research Institution”ranking.
2013.11
2013/11/11, the CPC Party Committee of COAMC authorized full power to COAMC Shanghai Branch and China Orient Asset Management (International) Holding Limited.
2013.10
2013/10/17, Golden Credit Rating International Co., Ltd got all the CIRC qualifications for credit rating, which made it one of the three credit rating agencies with complete set of qualifications in China.
2013.10
2013/10/13-14, COAMC held a symposium about shareholding reform and management planning in Beijing. McKinsey & Co. explained its ideas of the strategic and management planning. COAMC made the decision to reposition itself as a comprehensive financial corporation that covers the whole value chain and relies on asset management and insurance as its two growth engines.
2013.10
2013/10/10, COAMC started to organize video reading clubs every month for the whole corporation as well as its subsidiaries. Three sessions of reading club have been held since then.
2013.09
2013/9/13, China Orient Asset Management (International) Holding Limited issued USD-denominated bonds worth USD 600 million. COAMC is the first one among the four major asset management companies to issue dollar bonds. Fitch and S&P gave COAMC “A-” and “BBB+” ratings respectively.
2013.09
2013/9/9, COAMC started to build its corporate cultural system. “Innovation-driven, Self-transcendent” was highlighted as the core values of the whole corporation.
2013.07
2013/7/23, COAMC organized educational programs for CPC members which stressed the importance of relying on and serving the people. By the end of the year, the second phase of the program had been completed.
2013.07
2013/7/5-17, 150 professionals of COAMC conducted assessment for 614 investment projects of the whole corporation, covering all the projects in which we have investments at that time.
2013.07
2013/7/1, COAMC unprecedentedly recruited 89 graduates from China’s top universities such as Peking University and Tsinghua University.
2013.04
2013/4/16, as the first project approved by CIRC since its new investment policy was released, COAMC worked with an insurance company to come up with an asset-supported financing plan worth RMB 10 billion.
2013.04
2013/4/7, CRM (Customer Relationship Management) system was put into operation. Over 1000 projects, 32 provinces and 163 cities were covered.
2013.01
Early this year, the Treasury and Financial Markets Department was set up. The company withstood the test of the credit crunch in June and December of last year, and successfully financed RMB 100.6 billion.
2012.12
By the end of 2012, the pre-provision net profit which was owned by the parent company exceeded RMB 6 billion, an increase of 93% compared with the 2011 level of RMB 3.1 billion. The total asset of COAMC reached RMB 191.5 billion, enlarged by 176% compared with the size in 2011 which was RMB 69.5 billion. The net asset was as large as RMB 35.4 billion, an increase of 38% based on the RMB 25.7 billion in 2011. COAMC disposed of non-performing assets worth RMB 16.891 billion with a cash recovery of RMB 8.918 billion.
2012.11
2012/11/30-12/1, COAMC sent representatives to attend the 8th Beijing International Financial Expo.
2012.11
2012/11/29, COAMC and China Development Bank signed an Agreement of Strategic Cooperation in Beijing.
2012.11
2012/11/21, China United Insurance Holding Company got the approval from CIRC.
2012.10
2012/10/24, COAMC and Nam Kwong (Group) Co., Ltd. signed an Agreement of Strategic Cooperation in Macao.
2012.10
2012/10/22, COAMC and Guangdong Development Bank signed an Agreement of Strategic Cooperation in Guangzhou.
2012.09
2012/9/26, COAMC and the Harbin Institute of Technology Group Corporation signed an Agreement of Strategic Cooperation in Harbin.
2012.09
2012/9/21, COAMC and China Minsheng Bank signed an Agreement of Strategic Cooperation in the COAMC headquarter.
2012.09
2012/9/20, COAMC and the Bank of Beijing signed an Agreement of Strategic Cooperation in Shenzhen.
2012.08
2012/8/31, COAMC and the Bank of Jiangsu signed an Agreement of Strategic Cooperation in Nanjing.
2012.08
2012/8/28, COAMC and China United Insurance signed the financing agreement to buy the special bond worth RMB 7.81 billion issued by China United Insurance. According to this agreement, upon its maturity, the special bond owned by COAMC would become COAMC’s share in China United Insurance which accounted for 51%.
2012.07
2012/7, in the 2012 Classification of Securities Companies released by CSRC, Dongxing Securities got an A rating.
2012.07
2012/7/10-11, the 2012 Mid-year Working Conference of COAMC was held in Beijing.
2012.06
2012/6/19-20, COAMC held separate seminars for branch general managers from different regions to ask for their advice for the work in the next half of the year.
2012.06

2012/6/12, Vice President Chen Jingyao went to Tianjin to attend the 6th International Financing Conference for Chinese Companies.

Starting from 6/4, COAMC spent 4 Monday mornings in 4 consecutive weeks in providing video training courses about the insurance business and the development of the insurance industry.

2012.05
2012/5/22, Wang Shaofeng, the deputy Party secretary and the chief executive of the Xicheng District of Beijing Municipality, visited COAMC and met with President Zhang Zi’ai and Vice President Li Xin.
2012.05
2012/5/11, Dongxing Securities got the notice from CSRC saying that its IPO application was being dealt with.
2012.04
2012/4/20, the Youth League of COAMC sent a team to Wenchang primary school in the Shaoyang county of Hunan province for poverty-reduction and donation activities and help to spread the financial knowledge to the rural areas.
2012.04
2012/4/9, the COAMC Party Congress was held in Beijing.
2012.02
2012/2/13-18, COAMC offered financial business training courses in the School of Management of Fudan University for its senior and junior managers.
2012.02
2012/2/3, President Zhang Zi’ai attended the 100th anniversary ceremony of BOC upon invitation to extend the congratulations on behalf of COAMC to BOC.
2012.01
2012/1/11-13, COAMC had its meeting with all the general managers.
2012.01
2012/1/6-7, President Zhang Zi’ai attended the National Financial Work Conference.
2011.12
By the end of 2011, COAMC registered a net profit of RMB 3.247 billion, up by 213.11% compared with last year. The cash recovery of that year reached RMB 8.863 billion from non-performing asset disposal with an accumulated cash recovery as high as RMB 171.633 billion.
2011.11
2011/11/25, Dongxing Securities won the 5th place in the “best research institute for companies with small and medium size market capitalization” ranking and the 3rd place in the “most promising research institute” ranking of the 9th New Fortune.
2011.11
2011/11/17-18, COAMC held a seminar to provide an opportunity for training and sharing experience on how to better manage the risks in the investment and financing business.
2011.11
2011/11/10, President Zhang Zi’ai and Vice President Li Xin met with President Zhang Yongji and his colleagues from the South Korean Asset Management Corporation.
2011.10
2011/10/25-26, Bangxin Asset Management Co., Ltd. offered a training course about the business modal and procedure of providing financial services for SMEs.
2011.08
2011/8/8, COAMC 2011 Mid-year Working Conference was held in Hulun Buir.
2011.07
2011/7/15, Golden Credit Rating International got the approval from the department of finance of NDRC to undertake credit rating business for non-listed companies.
2011.07
2011/7/11, with PBoC’s approval, the ratings offered by Golden Credit Rating International was allowed to be used in the inter-bank bond market.
2011.07
2011/7/4, Vice Chairman of CBRC Guo Ligen and his colleagues came to COAMC to announce the adjustments in COAMC’s senior management. Huang Jiaquan was appointed as Vice President and member of the Party Committee.
2011.06
2011/6/29, the Party Committee held a video award ceremony to commemorate the 90th anniversary of the establishment of the Communist Party of China.
2011.06
2011/6/26, President Zhang Zi’ai attended the first meeting for the board of directors of China Orient Asset Management (International) Holding Limited.
2011.06
2011/6/17, chief of the COAMC discipline and inspection committee Wang Yuelin attended the donation ceremony for the Orient Hope primary school in a town called Hebo in the Shaoyang county of Hunan province.
2011.06
2011/6/9-10, Vice President Chen Jingyao accompanied by his colleagues from COAMC’s subsidiaries attended the 5th China International Financing Fair in Tianjin.
2011.05
2011/5/25, COAMC held a seminar for all its general managers to discuss the expansion of the non-policy business.
2011.05
2011/5/17, China Orient Asset Management (International) Holding Limited was established in Hong Kong.
2011.05
2011/5/4, Vice President Chen Jiangxu and Chief of Discipline and Inspection Committee attended the business forum “Marching Forward with COAMC” for young employees.
2011.05
2011/5/4, President Zhang Zi’ai attended a seminar organized by CBRC party Committee. The seminar was held for young employees to inspire them to contribute to the regulation of the banking sector.
2011.03
2011/3/28, Daye Trust Co., Ltd., the new member of the COAMC family, started its business.
2011.03
2011/3/17-30, COAMC worked with Tsinghua University and Peking University to organize 2 training sessions for its senior managers.
2011.03
2011/3/11, COAMC held a conference to recommend asset portfolios which focused on the real estate assets.
2011.03
2011/3/8, Guangzhou Science and Technology Trust and Investment Corporation was approved by CBRC to be re-registered as “Daye Trust Corporation Limited”.
2011.02

2011/2/21-25, 2011 Working Conference was held in COAMC headquarters.
2011.02
2011/2/11, President Zhang Zi’ai and Assistant President Chen Jianxiong met with Cai Minyong, President of Shanghai United Assets and Equity Exchange.
2010.12
2010/12/20-21, President Zhang Zi’ai attended the signing ceremony for the Framework Agreement of Strategic Cooperation between COAMC and Xinjiang Uygur Autonomous Region. Later, COAMC Lanzhou Branch, the Xinjiang State-owned Assets Supervision and Administration Commission and Xinjiang Xinye State-owned Assets Management Co., Ltd. signed the Agreement for Creditor’s Right Transfer concerning 149 enterprises in Xinjiang.
2010.11
2010/11/30, COAMC leaders met with the President of Financial Times to extend the contract of cooperation.
2010.11
2010/11/29-12/5, COAMC leaders visited the Korean Asset Management Corporation.
2010.11
2010/11/19, COAMC released the updated documents which were reviewed according to GB/T 19001-2008 (or ISO 9001-2008) standards. It showed that the management system of COAMC was in line with the updated version of the ISO standards.
2010.11
2010/11/19, COAMC leaders attended the opening ceremony and the first partner meeting of the Dongfangjiahua Equity Investment Management Partnership in Tianjin.
2010.11
2010/11/10, COAMC drew a non-performing assets diagram to set the targets for NPL management in different branches. It was a dynamic diagram with the support of the asset management system.
2010.10
2010/10/12, focusing on leadership and self-perfection, a training program was provided to senior managers and staff members who were in charge of our core businesses. Wang Wencai, the deputy dean and a researcher of the Cadres College of the Organization Department of the CPC Central Committee, was invited to give lectures about leadership to enhance the effectiveness of our management.
2010.09
2010/9/26, leaders of COAMC went to Yinchuan, the capital city of Ningxia, to attend the International Investment and Trade Fair and the signing ceremony of the first Economic and Trade Forum for China and Arabic countries.
2010.09
2010/9/17, PBoC held a seminar to discuss how the four major AMCs could be integrated in the Credit Reference System as a formal response to our request to join the corporate and individual credit reference systems.
2010.09
2010/9/13, CBRC approved the proposal of reorganization and equity rights change of the Guangzhou Science and Technology Trust and Investment Corporation.
2010.08
2010/8/30, the 3.0 version of the management system was put into use after modification and improvement.
2010.07
2010/7/19, the replenishment of China Foreign Trade Financing & Leasing Co., Ltd. was completed with a registered capital of RMB 1.507 billion. COAMC and China Minmetals each reinvested RMB 500 million to hold 50% of its share.
2010.06
2010/6/18-21, COAMC held a seminar for the whole corporation to provide training for non-policy business. Professionals were invited to give lectures about private equity, financial leasing and custodian business etc. This was the largest training program provided to the whole corporation since its inception.
2010.05
2010/5/28, COAMC held a Working Conference participated by its branches in Guangzhou, Wuhan, Nanjing, Dalian and Taiyuan, focusing on the disposal of non-performing asset portfolios. They made up plans for contracted asset disposal for these branches in the next three years. These five branches held 60% of the non-performing assets of COAMC. Contracted asset disposal in these branches was a major step for COAMC.
2010.05
2010/5/18, COAMC carried out organizational adjustments. The department of investment banking was cut with its functions transferred to Dongxing Securities. The previous department of investment management was renamed as the department of institutional management which was in charge of COAMC’s wholly-owned subsidiaries, holding companies, and companies for which it was the largest shareholder. The department of investment business was set up to manage the outward investment on behalf of COAMC. The functions of the department of risk management were adjusted to mainly focus on reviewing the financing and investment projects of COAMC and its subsidiaries, and keeping track with risks of specific projects and the systemic risks as well.
2010.05
2010/5/4, CBRC chairman Liu Mingkang announced the adjustment in the COAMC top management. Mei Xingbao was replaced by Zhang Zi’ai as the President of COAMC and the deputy Party secretary. Chen Jingyao was appointed as Vice President and member of the Party Committee.
2010.03
2010/3/31-4/2, president Mei Xingbao attended the inaugural ceremony of Space-Star Venture Capital Fund, a fund that was co-sponsored by Shanghai Dongxing Investment Holding Development Co., Ltd. and Shanghai Commercial Investment (Group) Co., Ltd. The fund was registered with a capital of RMB 500 million and was focused on investment in software and information services.
2010.03
2010/3/29, Yibing Tianyuan Group Co., Ltd., a policy debt-to-equity swap project sponsored by COAMC, had its IPO in the Shenzhen Stock Exchange.
2010.03
2010/3/4, Vice President Li Xin met with chairman of board of directors of KAMCO Lu Zhuhe, President of South Korea Science/Technology and People Freemason Zhao Qingyuan, and South Korea Xingguo Investment Corporation Piao Longxin in Guangzhou.
2010.02
2010/2/27-3/1, 2010 Working Conference was held to highlight the importance to accelerate the corporate reform and market-oriented transformation by focusing on the non-performing asset disposal, intensifying the investment in non-policy business, better managing the financial assets and improving the management system of the shareholding group corporation.
2010.02
2010/2/1, the board director of BOC and the Party secretary of COAMC Xiao Gang, , came to the headquarters of COAMC accompanied by Vice President of BOC Chen Siqing, and the director of the risk control department of BOC Zhan Weijian. They met with President Mei Xingbao, Vice Presidents including Chen Jiangxu, Zhang Zi’ai, Shi Guifen, and Li Xin, as well as Assistant President Chen Jianxiong. Both sides agreed to push forward the collaboration in all aspects based on the Framework Agreement of Strategic Cooperation they had signed.
2010.01
2010/1/30, the Ministry of Finance approved the proposal of COAMC to reorganize Guangzhou Science and Technology Trust Corporation.
2010.01
2010/1/25, COAMC hosted a spring festival gala for its clients in Beijing. The theme of this gala could be roughly translated as “we stood together to withstand difficult situations in the past 10 years, and we work together to write a new chapter now”.
2009.12
By the end of 2009, COAMC registered a total cash recovery of RMB 113.1 billion, among which RMB 36.3 billion was from the non-performing assets of CBC, RMB 21.9 billion from those of ICBC. Cash recovery from policy purchased NPLs reached RMB 48.3 billion in total and that from loss assets reached RMB 1.7 billion. The total amount of cash recovery from commercial non-performing assets reached RMB 4.9 billion.
2009.12
2009/12, the Ministry of Finance issued a notice to approve the request of the four major AMCs to delete the clause in the Articles of Incorporation which said that the AMCs would only exist for 10 years.
2009.11
2009/11/18, COAMC’s Content Management Platform and Archives Management System were put into use.
2009.11
2009/11/4-5, COAMC held a seminar for the whole corporation to discuss policy debt-to-equity swap.
2009.10
2009/10/15, COAMC celebrated its 10th anniversary and handed out the awards for Exceptional Honor and Entrepreneurship. Outstanding employees and the business units which had won the competition for the highest cash recovery from NPL disposal and individual loans were also rewarded in the anniversary.
2009.09
2009/9/24, 92.73% of the share of the Orient City Square Corporation Limited in Shijiazhuang, which was held by COAMC, was transferred to the consortium made up of Shandong Commercial Group Corporation and Yinzuo Group Corporation through the stock market. This was the largest equity capital transfer in the history of AMCs.
2009.09
2009/9/19, COAMC set up a leading group and an office for equity asset restructuring to effectively reintegrate the corporate assets with overall planning.
2009.09
2009/9/18, the first IPO project undertaken by Dongxing Securities, Beijing TOREND (an outdoor products producer), was approved by CSRC to be listed in the GEM (Growth Enterprises Market).
2009.09
2009/9/17, Shanghai Dongxing Investment Holding Development Corporation completed its restructuring and was renamed as “Shanghai Dongxing Investment Holding Development Co., Ltd.”.
2009.09
2009/9/11, COAMC Wuhan Branch signed asset disposition agreements concerning assets in five regions in Wuhan with the Nanchang Branch and Changsha Branch in COAMC’s headquarters.
2009.09
2009/9/2-5, COAMC participated in the 17th International Financial Expo. Member of the Politburo of CPC Central Committee Liu Qi, Vice Chairman of the standing committee of National People’s Congress Chen Zhili, Vice Chairman of the CPPCC and Science and Technology Minister Wan Gang, the mayor of Beijing Municipality Guo Jinlong, Vice President of PBoC Su Ning, Vice President of PBoC Hu Xiaolian, attended the Expo and were briefed by COAMC about its business in the exhibition area.
2009.08
2009/8, COAMC Shanghai Branch undertook loan supervision, the first time for it to do such business.
2009.08
2009/8/8, COAMC set up a leading group with an office to establish a supplement pension system for its employees.
2009.07
2009/7/29, COAMC activated the intermediary agency management system.
2009.07
2009/7/16-18, COAMC held its 2009 Mid-year Working Conference, highlighting the need to double its efforts in cash recovery, focus on the value-added operation in key projects, and make sure that the targets for 2009 would be fulfilled.
2009.07
2009/7/14, the liquidation working group finished its job with China International Trust Investment on Science and Technology Co., Ltd. and COAMC announced that the liquidation group was dismissed.
2009.07
2009/7/6, 13, Dongxing Securities got the qualification from CSRC to undertake recommended fund sale, securities investment and asset management.
2009.06
2009/6/3, Aeon Life Insurance Company started business with COAMC as its largest shareholder.
2009.05
2009/5, Dongxing Futures Co., Ltd., a subsidiary of Dongxing Securities, was established.
2009.05
2009/5/25, COAMC held a conference to recommend asset portfolios worth RMB 30 billion scattered in over 20 provinces and municipalities.
2009.05
2009/5/8-9, COAMC held the Non-policy Businesses Working Conference in the Jingang Mountain, Jiangxi province. “Guideline for the development of non-policy businesses” was released after the conference.
2009.04
2009/4, COAMC completed the replenishment of Golden Credit Rating International Co., Ltd. and became its largest shareholder with 60% of its share.
2009.04
2009/4/8, COAMC hired an intermediary agency to carry out auditing and credit rating for its investment projects, commercial NPLs and “Zero Price” projects.
2009.04
2009/4/7, COAMC set up a steering group to initiate the additional data recording for the Asset Management System 3.0.
2009.03
2009/3/18, COAMC held a conference to conclude the study of Scientific Outlook on Development.
2009.03
2009/3, a CBRC working group was sent to COAMC to carry out on-the-spot inspection and extended check on COAMC’s investments, entrusted businesses and the management of COAMC’s equity in financial companies.
2009.02
2009/2/23-25, the 2009 Working Conference was held in Beijing. Targets were set to achieve a cash recovery of RMB 10 billion from non-performing assets disposal and reap a profit of RMB 250 million from commercial business.
2009.02
2009/2/2-6, COAMC held a “training week” activity in the whole corporation.
2009.01
2009/1/21, the principal and interest worth RMB 500 million of the prime beneficiary rights of the Wuhan layered trust project were repaid ahead of schedule.
2009.01
2009/1/19, Dongxing Securities got the Sponsor Qualification from CSRC.
2009.01
2009/1, Kingdee EAS system was deployed to replace the previous accounting system. The Internet Censorship system was put in place. The internal and external computer networks were separated with the domestic and international certification of ISO20000 and ISO27001.
2008.07
2008/7/29-31, COAMC held its Mid-Year Working Conference. “Reform and Creativity Power Transformation and Development” was the theme of this conference. COAMC reviewed the work in the first half of the year and discussed the current situation of the financial market as well as its impact on our business. Solutions had been tapped upon in order to accelerate transformation and achieve its targets of making profits. In the conference, it was made clear that extra measures needed to be taken and the reform needed to be intensified with a clear mind and proper solutions in order to ensure the fulfillment of all the targets for the year.
2008.07
2008/7/18, COAMC and Shanghai Fosun High Technology (Group) Co., Ltd. signed the letter of intent for Strategic Cooperation.
2008.07
2008/7/8, Shanghai Branch and Shanghai United Assets and Equity Exchange co-organized the 2008 conference for asset recommendation.
2008.07
2008/7/3, President Mei Xingbao attended the 5th Forum of the Prospect of China’s Credit Rating in Nanchang, Jiangxi province, which was organized by PBoC, and made a keynote speech titled the Significance and Advantages of AMC’s Turning to Credit Rating.
2008.06
2008/6/30, the principal and interest of the prime asset-backed securities of Dongyuan 2006-1 reorganized asset securitization project (the Dalian Project) were repaid ahead of schedule.
2008.06
2008/6/23, the Party Secretary of COAMC and the chairman of the PBoC board of directors Xiao Gang, moderated a luncheon in the COAMC headquarters for senior managers of COAMC and PBoC to talk about how to further their strategic cooperation.
2008.06
2008/6/20, the prime beneficiary rights of the layered trust project that included assets in Beijing, Tianjin and Hebei province came to maturity. With the joint efforts made by our colleagues, the capital pool was managed very well with sufficient cash recovery. The principal and interest for the prime beneficiary rights worth RMB 1.5 billion was paid on that day.
2008.06
2008/6/9-10, President Mei Xingbao and Assistant President Chen Jianxiong went to Tianjin to attend the second International Financing Fair for Chinese Companies. They met with Huang Xingguo, the mayor of Tianjin, and the deputy mayor Cui Jindu who was in charge of the financial sector of the city.
2008.06
2008/6/5-6, Vice President Li Xin went to Changchun to attend the signing ceremony for the memorandum of asset portfolio transfer between the COAMC Changchun Branch and the State-owned Assets Supervision and Administration Commission in Changchun.
2008.05
2008/5/27-28, COAMC held a seminar of asset disposition and value-added operation for the whole corporation. The discussion also included other topics such as the introduction of strategic investors, the management and performance evaluation of the subsidiaries and shareholding companies etc.
2008.05
2008/5/18, in the donation-raising gala staged by China’s Central TV Station themed “the Dedication of Love”, COAMC and its subsidiary Dongxing Securities donated RMB 2 million through the Ministry of Civil Affairs to the regions affected by the massive earthquake. This was their second donation. COAMC used the money to support the reconstruction and rescue work in the regions which used to offer great support to COAMC in the process of NPL disposal.
2008.05
2008/5/15-18, entrusted by President Mei Xingbao, Vice President of COAMC and chairman of the board of directors of Dongxing Securities Zhang Zi’ai, went to Chengdu and donated RMB 1 million to the Red Cross Foundation in Sichuan province. He also paid visits to COAMC employees in the earthquake-hit regions.
2008.05
2008/5/15, Dongxing Securities held its opening ceremony to announce the approval it got from the regulatory authorities, during which it declared new donations to the earthquake-affected regions.
2008.05
2008/5/12, a magnitude 7.8 earthquake hit Wenchuan in Sichuan province. COAMC headquarters in Beijing also felt the shock waves. COAMC initiated the emergency response mechanism according to ISO9001 “General Planning for Emergency Response”.
2008.05
2008/5/12, Dongxing Securities got the approval for starting business from CSRC.
2008.05
2008/5/12, President Mei Xingbao, Vice President Zhang Zi’ai, Vice President Li Xin, and Assistant President Chen Jianxiong met with PBoC leaders including the President Li Lihui, Vice President Zhu Min, and Vice President Wang Yongli in the PBoC headquarters, to exchange their views on expanding the strategic cooperation between the two sides.
2008.05
2008/5/8, COAMC held a teleconference to analyze the current business situation and share experience through case studies. This conference was quite helpful for us to reach consensus, have a better understanding of our situation, explore more creative ways for asset disposition, improve the management and take effective measures to speed up the cash recovery from asset disposal.
2008.05
2008/5/4, COAMC held a teleconference themed “Prosper with COAMC” for its young employees in the newly-renovated Hall of Finance. President Mei Xingbao expressed his high expectation for young people, saying that he wanted the young people to love their country and use that love to propel themselves to work harder.
2008.04
2008/4/1, COAMC signed the Framework Agreement of Cooperation in building a credit system with the Tianjin Municipal government. President Mei Xingbao, Assistant President Chen Jianxiong, and deputy mayor Cui Jindu attended the signing ceremony.
2008.03
2008/3/30, Dongfu Asset Management Corporation, a joint venture invested by COAMC and General Electric CFS Investment Holdings (CHINA) Limited affiliated to, was established in Shanghai.
2008.03
2008/3/20-21, COAMC held a Working Conference for non-policy NPL purchasing in 2008 to work out the basic ideas for NPL purchasing, share experience in due diligence and credit rating, arranged for the NPL portfolio purchase from China Everbright Bank.
2008.03
2008/3/11-4/8, COAMC leaders including Mei Xingbao, Chen Jiangxu, Zhang Zi’ai, Li Xin and Chen Jianxiong went to COAMC Tianjin Branch and Shijiazhuang Branch to have working meetings with the local colleagues. They worked together on the management of assets in these regions, and talked about how to reap higher return from these projects.
2008.02
2008/2/25-28, the 2008 Working Conference was held. The battle of NPL disposal came into the final stage, and the transformation of the corporation was at a critical juncture. This conference, important due to its timing, offered an opportunity to review the work in 2007, conduct an analysis on the current situation and clearly lay out the goals for 2008. COAMC also made comprehensive arrangement for corporate transformation and development in the next stage.
2008.01
2008/1/25, the standing committee of the 10th CPPCC concluded its 20th meeting. The list of members of 11th CPPCC was made public. President Mei Xingbao was elected a delegate of 11th CPPCC.
2008.01
2008/1/3, CBRC approved COAMC’s request to rename its subsidiary “China Foreign Trade Financing & Leasing Company” as “China Foreign Trade Financing & Leasing Co., Ltd.”
2007.12
In 2007, COAMC broke the record with a cash recovery of RMB 24.939 billion from non-performing assets disposal. RMB 19.549 was recovered from the non-performing assets received from CBC (Construction Bank of China) and ICBC (Industrial and Commercial Bank of China). RMB 4.59 billion was from the policy non-performing asset disposal, RMB 800 million was recovered from loss assets.
2007.12
2007/12/27, the ceremony for ISO9001 certification was held, which marked a great step forward in COAMC’s journey of perfecting its management.
2007.12
2007/12/27, the restructuring proposal of China National Foreign Trade Financial & Leasing Co., Ltd. was approved by CBRC. COAMC established its foothold in the financial leasing market which was another breakthrough since its securities business started.
2007.12
2007/12/25, President of CBRC Liu Mingkang, and its Vice President Guo Ligen, visited COAMC for inspection. President Liu conveyed the best wishes of CBRC Party Committee to COAMC employees and spoke highly of what COAMC had done and the positive changes that had occurred. Mei Xingbao, President of COAMC, reported our work to CBRC during their visit.
2007.12
2007/12/17, COAMC Beijing Branch and the Coal Mines Administration affiliated to the Ministry of Justice signed the Agreement for Debt Restructuring. President of COAMC Mei Xingbao and Deputy Party Secretary and Deputy Minister of MoJ Chen Xunqiu attended the signing ceremony and made speeches.
2007.12
2007/12/3-4, COAMC held a seminar for all its subsidiaries and companies in which it held stakes in Shanghai. This seminar put emphasis on the management of capital fund projects and clearance of the assets it had invested in compliance with the requirements of the regulatory authorities.
2007.11
2007/11/26, Shandong Ruyi had a successful IPO through debt-to-equity swap which was sponsored by COAMC. This was the first public-listed debt-to-equity swap company of which COAMC had actual control. The company traded with an offering price of RMB 13.07, a P/E ratio of 29.98, and a frozen asset worth RMB 360 billion, the largest frozen asset among all the companies listed in the SME board at that time.
2007.11
2007/11/21-30, COAMC went through an on-the-spot assessment carried out by CCIC (China Certification & Inspection (Group) Co., Ltd.), the agency responsible for ISO9001 certification.
2007.11
2007/11/8-9, COAMC held an English speech contest which was participated by all the young employees in the corporation. This contest led a wave of learning among employees which was spearheaded by the COAMC Youth League Committee.
2007.11
2007/11/6, CBRC announced that the working group for revocation and liquidation would started their work in the China International Trust and Investment on Science and Technology Co., Ltd. COAMC was entrusted by CBRC to do this job under the principles of justice, diligence, accountability, confidentiality, and risk control.
2007.11
2007/11/6, President Mei Xingbao and Assistant President Chen Jianxiong attended the signing ceremony for the Framework Agreement for Strategic Cooperation and the Agreement for Debt Restructuring with China National Building Materials Group Corporation. By signing these agreements, we could capitalize on the resources we had to participate in the restructuring of the building material industry and connect it with the capital market.
2007.10
2007/10/29, Chief of COAMC’s Discipline and Inspection Committee Wang Yuelin, participated in a poverty-reduction activity in Xiangyun, a county in Dali prefecture, Yunnan province. On behalf of COAMC, he donated some computers and accessories to Zongpeng primary school in a town called Yizhen to offer our support to the local education.
2007.10
2007/10/21-22, Dongxing Securities (which was still in the preparation process before establishment at that time) held a seminar about equities and value-added projects in Hunan province. It stressed on exploring new ways to capitalize on the equity assets and other assets. Better asset management, new opportunities and investment banking business combined would propel the transformation of COAMC and lead to an increase of asset value.
2007.10
2007/10/18, monitored by Mei Xingbao, the COAMC Party Committee organized a seminar for the central group members and general managers in the headquarters. Their discussion focused on the 17th National Party Congress and the report given by the CPC General-Secretary Hu Jintao.
2007.10
2007/10/11, China National Foreign Trade Financial & Leasing Co., Ltd. held its first shareholders’ meeting, meeting of the board of directors and the meeting of the board of supervisors, which marked a step forward for our collaboration with China Minmetals.
2007.09
2007/9/28, Shanghai Ruifeng International Building, which was completed due to COAMC’s added investment, held its inauguration ceremony which was simple but very exciting. Zhao Liqing, the chief of the board of directors of the Ruifeng building handed over the symbolic key to Mei Xingbao, the President of COAMC.
2007.09
2007/9/26, COAMC initiated its Office Automatic System and Identity Authentication System. Since then, all the office work including the circulation of documents, exchanges between different departments and holding companies, information release, and employees’ personal work can all be done within the OA system. Paperless office became a reality.
2007.09
2007/9/5-18, President Mei Xingbao visited European countries with a delegation including Italy, Spain and the UK. They visited the branch offices of BOC in these countries and learned about the financial markets in Europe to seek possible collaboration.
2007.08
2007/8/17, Dongxing Securities held its first shareholders’ assembly, the first meeting of the board of directors, and the first meeting of the board of supervisors in Beijing. These meetings approved the report of the preparation work and elected Zhang Zi’ai the first chairman of the board of directors.
2007.08
2007/8/1-3, COAMC held its 2007 mid-year Working Conference in Yantai, Shandong province. Targets set in the beginning of 2007 and the work that had been done was reviewed. It was pointed out that COAMC should maximize its profit and focus on the cash recovery from non-performing assets, preserving the capital while enhancing its profitability.
2007.07
2007/7/26, COAMC held a teleconference to release the ISO9001 documents. It announced that the ISO9001 system would be put into use starting from August 16th, which was a major step for COAMC to build its brand, accelerate its transformation and sustain its development.
2007.07
2007/7/23-24, President Mei Xingbao and Vice President Li Xin attended the signing ceremony to sign the debt-to-equity swap agreement for Macao Nanguang company, which was a policy debt-to-equity swap project sponsored by COAMC. They also attended its first shareholder meeting while Mei Xingbao was elected as the chairman of the first board of supervisors.
2007.07
2007/7/4, COAMC got RMB 500 million short-term financing bonds of China Aluminum Co., Ltd. from distributors. China Aluminum Corporation did well in its business with a high credit rating and strong liquidity. COAMC could secure high return by holding their bonds.
2007.06
2007/6/29, COAMC held a meeting between Party members and employees who had applied to join the Party. Held to commemorate the 86th anniversary of the establishment of the Communist Party of China, the meeting was centered on sustainable development and harmonious COAMC. Young employees were encouraged to devote wholeheartedly to their work with vigor and energy as the mainstay for a harmonious corporate culture and a bright future for COAMC.
2007.06
2007/6/7, COAMC headquarters held a seminar themed “asset restructuring and capital management”. The participants talked about the process and different ways for a company to carry out restructuring. Presentations were made to talk about the opportunities for equity investment in the process of a company’s shareholding reform. Case studies were provided to share some knowhow about how a company could go public by purchasing a shell or the so-called “back-door listing”.
2007.05
2007/5/31, the Party Committee, the Labor Union and the Youth League staged a knowledge contest for headquarter employees. Through the contest, our employees had a better understanding of our business. It was also very useful in strengthening the solidarity and harmony between different departments.
2007.05
2007/5/17-19, with the investment of COAMC and Hong Kong Yinjian International Investment Co., Ltd., Dongxin United Asset Management Corporation held its first meeting of the board of directors and supervisors.
2007.05
2007/5/11-13, COAMC and Bank of Jiangsu signed the Agreement for Strategic Cooperation.
2007.04
2007/4/25, COAMC and BOC signed an Agreement for Strategic Cooperation. President Mei Xingbao and President Li Lihui signed the agreement.
2007.04
2007/4/23, Yan Qingmin, the director of the human resources department of CBRC came to COAMC to announce the adjustments of the working mechanism of the board of supervisors and the appointment of Gao Ying as a Vice President and member of the Party Committee of COAMC.
2007.04
2007/4/17, CBRC issued a notice to appoint Li Xin as a Vice President and Chen Jianxiong as an Assistant President and member of the Party Committee of COAMC.
2007.04
2007/4/15-20, President Mei Xingbao and Vice President Li Xin went to Hong Kong to meet with investors for business promotion purposes.
2007.04
2007/4/2-7, Vice President Chen Jiangxu and his colleagues visited KAMCO.
2007.03
2007/3/27, COAMC held a seminar for all its general managers in the morning. In the afternoon, a general assembly was held for top managers to report their work.
2007.03
2007/3/12, an auditing group of the National Auditing Office came to COAMC and held a meeting with related departments.
2007.03
2007/3/1-3, COAMC held its 2007 Working Conference and the Party Congress.
2007.02
2007/2/9, COAMC held a banquet for investors to celebrate the spring festival in the Grand Hyatt Hotel in Beijing. Twenty three institutional investors, service providers and intermediary agencies including Earnest Borel and the Bank of America attended the banquet.
2007.01
2007/1/25, a conference was held for headquarter senior managers to report their work. Twenty three senior managers from 14 departments were evaluated.
2006.12
2006/12/30, Mei Xingbao, President of COAMC, signed the “The Framework Agreement of Strategic Cooperation” with Mr. Zhou Zhongshu, President of China Minmetals Co., Ltd.
2006.12
2006/12/18, a signing ceremony of “the Debt Reduction Project” for state-owned financial institutions was held by the Ministry of Commerce in Beijing. The creditor’s rights worth RMB 5.1 billion which was owned by COAMC were all dealt with by signing disposal agreements.
2006.11
2006/11/27-29, COAMC held a seminar which was participated by all its general managers to talk about the future reform and development of the corporation. Training courses had been offered to the general managers present in the seminar.
2006.11
2006/11/13-19, Mei Xingbao, the president of COAMC visited KAMCO, a Korean AMC, with a delegation for a study tour.
2006.11
2006/11/20, the CBRC approved the reorganized asset securitization demonstration project of Dongyuan 2006-1 which would be sponsored by COAMC. This was the first Non-performing asset securitization product that was introduced in China.
2006.10
2006/10/23-28, the Working Conference for human resource departments of the whole corporation was held in Beijing.
2006.10
2006/10/31, the first video conference was held in COAMC, which showed that we were capable of organizing such conferences with video and telecommunication technologies.
2006.10
2006/10/18, COAMC set up a working group to carry out internal rectification for Pan-Asia Trust which had stopped doing business. The working group had started their work under the leadership of the risk disposal steering group in Jilin provincial government.
2006.09
2006/9/30-10/14, Wang Yuelin, the chief of the COAMC discipline and inspection committee, visited Canada with a delegation that was made up of 26 members for a study tour and a training program about investment banking.
2006.09
2006/9/19, the teleconference about establishing the ISO9001 system in COAMC was held in Beijing to inspire and mobilize all the employees to work hard to set up the ISO9001 system and pass the certification in about one year.
2006.08
2006/8/30-9/1, COAMC held the 2006 Working Conference on legal affairs in Harbin. Legal consultants were invited to give lectures on the current hot topics.
2006.08
2006/8/21, Dalian Anyu Investment Management Co., Ltd., with the investment from both COAMC and Shanghai Shijianyu Investment Development Co., Ltd., started its business.
2006.08
2006/8/13-16, COAMC held the Mid-year Working Conference of 2006 in Changchun. Based on the achievements made in the first half of 2006, the conference was concluded with a goal for the whole corporation to push forward its reform and transformation by preserving initial investment, securing profits, better managing the resources it had and focusing on the effective disposal of non-performing assets.
2006.07
2006/7/28-30, COAMC held a seminar with an enlarged group of participants for Party committee members in Beidaihe. The discussion covered many important issues concerning the reform and transformation of COAMC and consensus had been reached among the participants.
2006.07
2006/7/15-29, Vice President Shi Guifen led a delegation to visit Canada for a study tour about investment banking. On July 19th, Vice President Shi opened the markets of Toronto Stock Exchange by blowing the siren.
2006.07
2006/7/7, Wang Yuelin, the chief of COAMC discipline and inspection committee and the deputy chief of the anti-business bribery leading group, attended the Conference of Anti-Business Bribery in China’s Banking Sector and signed the related conventions on behalf of COAMC.
2006.06
2006/6/29, COAMC held a teleconference to commemorate the 85th anniversary of the establishment of the Communist Party of China. Mei Xingbao, the deputy Party Secretary and president of COAMC gave an intriguing lecture titled “preserving the predominance of CPC members as vanguards for the reform and development of COAMC”.
2006.06
By 2006/6/27, COAMC realized an accumulated cash recovery of RMB 28.93 billion from policy-purchased NPL disposal, fulfilling 100.07% of the goal for total NPL disposal set by the Ministry of Finance half a year ahead of the schedule.
2006.06
2006/6/5, considering the fact that Nanchang Branch’s financing resource was running out, COAMC decided to entrust the Nanchang Branch to the Hangzhou Branch and made adjustments on the senior management of the Nanchang Branch.
2006.06
2006/6/1, Bank of China Limited went public in the Stock Exchange of Hong Kong Ltd. (SEHK). President Mei Xingbao was invited to attend the IPO ceremony. Hong Kong Dong Yin Limited was allowed to undertake H-share trading for BOC.
2006.05
2006/5/25, COAMC held a seminar for the central group of the Party committee. Huang Yi, the director of CBRC Supervisory Rules & Regulations Department, made a report about the current situation of China’s financial sector, the shareholding reform of state-owned commercial banks and the transformation of AMCs.
2006.04
2006/4/26, COAMC stepped in the national interbank bond market to trade bonds.
2006.03
2006/3/31, COAMC held a conference to recommend NPL portfolios in Beijing. The NPL portfolios worth RMB 52 billion in total introduced in the conference were from 23 provinces. 20,000 debtor companies were involved. Representatives from the Ministry of Finance, CBRC, PBoC, SASAC and related institutions attended the conference.
2006.03
2006/3/8, COAMC held a seminar for international investors in Hong Kong to recommend asset portfolios COAMC planned to dispose this year. Comments and advice from the international investors were drawn upon.
2006.02
2006/2/23, the financial inspection team of the Discipline and Inspection Committee and the Organization Department of the CPC Central Committee was dispatched to COAMC.
2006.02
2006/2/18-20, COAMC held the 2006 Annual Working Conference in Beijing. President Mei Xingbao, Vice President Chen Jiangxu, Vice President Shi Junzhi, Vice President Xu Gang, Vice President Zhang Zi’ai, Assistant President Shi Guifen attended the conference and made speeches.
2006.01
2006/1/25, COAMC and Yuntianhua (Group) Co., Ltd. signed the Framework Agreements for Strategic Cooperation and Financial Consultancy in Kunming, Yunnan province.
2006.01
2006/1/12-13, COAMC held a Working Conference on capital fund management in Guilin. President Mei Xingbao, Vice President Xu Gang attended the conference and made speeches.
2006.01
2006/1/10, sponsored by the Ministry of Finance and organized by COAMC, a seminar about AMCs’ performance in 2005 was held in Beijing.
2005.12
By 2005/12/31, the total cash recovery from NPL disposal reached a record-breaking level of RMB10.5 billion. The total value of its non-performing assets exceeded RMB 500 billion, the largest among all its peers. In 2005, COAMC got RMB 6.5 billion in cash recovery from policy NPLs, RMB 1.8 billion from commercial NPLs, RMB 2 billion from debt-to-equity swaps, RMB 180 million from equity dividend.
2005.12
2005/12/28, with COAMC’s investment, the construction of Shanghai Ruifeng International Mansion was restarted. It was expected to become a new landmark building in the northern Bund area.
2005.12
2005/12/22, Shunwei United Asset Management Co., Ltd., a joint venture, was set up by COAMC with the approval of the Ministry of Commerce.
2005.12
2005/12/14, COAMC held a symposium on NPLs disposal in Beijing. President Mei Xingbao and Vice President Zhang Zi’ai attended and gave speeches.
2005.12
2005/12/7, COAMC and CITIC Trust & Investment Co., Ltd. signed the contract for Asset Disposal and Custodian Business in Beijing.
2005.12
2005/12/2, CBRC decided to remove Shi Junzhi from the post of COAMC Vice President.
2005.12
2005/12/1, in Shaanxi province, COAMC successfully transferred the NPL portfolio that contained assets from 284 companies with a total value of RMB 4.258 billion through an open bidding process.
2005.11
2005/11/30, COAMC set up a consulting council led by Assistant President Shi Guifen to assist the corporation’s decision making.
2005.11
2005/11/17-18, COAMC held a seminar in Changsha for general managers of branches in the southern part of China. President Mei Xingbao, Vice President Xu Gang, Vice President Zhang Zi’ai, Assistant President Shi Guifen attended the seminar and made speeches.
2005.11
2005/11/10-15, COAMC held a seminar in Tianjin for general managers of branches in the northern part of China. President Mei Xingbao, Vice President Chen Jiangxu, Vice President Shi Junzhi, Vice President Xu Gang, Vice President Zhang Zi’ai, Assistant President Shi Guifen attended the seminar and made speeches.
2005.11
2005/11/3, COAMC successfully transferred the RMB 3.528 billion NPL portfolio containing assets received from 139 enterprises in Hei Longjiang province through an open bidding process.
2005.10
2005/10/19, COAMC held a teleconference to convey the message of CBRC’s Working Conference on “the Reform of Key State-owned Banking Financial Institutions”. The president of the Supervisory Board Ding Xianjue made an important speech.
2005.10
2005/10/8, the accounting system (the 3.0 version) was put into use, which marked another step forward in COAMC’s effort to improve its system building.
2005.09
2005/9/30-10/13, President Mei Xingbao visited Canada with a delegation for a study tour to learn about the investment banking business in Canada.
2005.09
2005/9/20-21, the Seminar on the strategic transformation of the Yangtze River Delta was held in Shanghai. The director of the Supervisory Board Ding Xianjue attended the seminar and talked about internal control. President Mei Xingbao also made an important speech. 
2005.09
2005/9/15, Yunnan working group which used to be affiliated to the COAMC Chengdu branch was upgraded into Yunnan Business Department and put under the direct control of the parent company.
2005.09
2005/9/8, the Party committee of CBRC appointed Wang Yuelin as the chief of COAMC’s discipline and inspection committee and a member of COAMC Party committee.
2005.08
2005/8/31, COAMC joined the China Banking Association (CBA) as a formal member.
2005.08
2005/8/30, COAMC and BOC Group Investment Co., Ltd. signed a series of agreements in Hong Kong, including the letter of intent concerning Strategic Cooperation on NPLs Disposal. President Mei Xingbao, Vice President Xu Gang , Vice President Zhang Zi’ai, BOCI’s Board Director Liu Zhengui, and its Vice President Gong Zhongjian attended the signature ceremony.
2005.08
2005/8/25-26, COAMC held the Working Conference on commercially purchased NPLs management and disposal in Beijing.
2005.08
2005/8/18, the Debt-to-equity Swap Agreement of Nan-Guang Group was signed in Beijing. President Mei Xingbao attended the signature ceremony. Deputy Director of the State-owned Assets Supervision and Administration Commission (SASAC)’s Sa Shaoning, officials from SASAC Enterprise Bureau, Nan-Guang (Group) Co., Ltd, COFCO, CRC, Sinopec, CMC and other shareholding companies attended this ceremony.
2005.07
2005/7/28-30, COAMC held the Mid-year Conference 2005 in Dalian. Mei Xingbao President made a work report on behalf of the COAMC Party Committee which was titled “Quicken Disposition and Cash Recovery, Carefully Manage Resources, Transform the Way of Thinking, Implement Strategic Transformation”.
2005.07
2005/7/19, COAMC held a teleconference “Maintain Communist Party Member’s Predominance” for all its employees.
2005.07
2005/7/11, Entrusted by CSRC, COAMC set up a liquidating group for Minfa Securities Co., Ltd. 
2005.07
2005/7/8, COAMC held an open competition among all the employees to give them the opportunity to compete for 12 positions in the senior management, including 6 assistant general managers for the parent company, 2 deputy general managers and 4 assistant managers for the branch offices.
2005.07
2005/7/4, Shenzhen Bangxin Investment Co., Ltd. was separated from the Shenzhen branch and was put under the direct control of the parent company. Yu Guanjian was appointed as the general manager of Shenzhen Bangxin Investment Co., Ltd.
2005.06
2005/6/25, COAMC attended the Public Bidding for ICBC NPLs. It grabbed 10 NPL portfolios from the sales department of ICBC Guangdong Branch, and other ICBC branches in Shenzhen, Yunnan, Jiangsu, Hefei, Hubei, Tianjin, Shanxi, Dalian, Jilin, with a winning bid as high as RMB 121.2 billion.
2005.05
2005/5/10, the Party committee of CBRC appointed Mei Xingbao as the Deputy Chief of COAMC Party committee and President; appointed Xu Gang, Zhang Zi’ai as members of the Party committee and Vice Presidents; appointed Shi Guifen as a member of the Party committee and Assistant President. Meanwhile, the former deputy chief of the Party committee and President of the company Bai Shizhen left her post, former Deputy Chief of Party committee Sun Changji left his post.
2005.05
2005/5/9, the reviewing group for the second transfer of NPLs dispatched by CBRC formally started their work with COAMC.
2005.04
2005/4/18, COAMC successfully held a conference to recommend NPL portfolios worth RMB 50 billion, which was the largest of its kind.
2005.04
2005/4/5, a seminar on the Information Disclosure of AMCs, entrusted by CBRC and organized by COAMC, was concluded with a complete success.
2005.02
2005/2/17, COAMC organized a training course of asset evaluation in Beijing.
2005.02
2005/2/2-4, the staff members of general manager’s office of all COAMC departments reported their work.
2004.12
By 2004/12/29, COAMC registered an NPL cash recovery of RMB 6.577 billion, and of RMB 1.57 billion when the equity cash recovery was deducted. Thus it fulfilled 108.76% of the lower planned target and 100.06% of the higher target that we strived to achieve.
2004.12
2004/12/26, the Ministry of Finance and PBoC jointly requested the four state-owned AMCs including CHAMC, GWAMC, COAMC and CCAMC to undertake custodian business, and issued “the Notice of the Ministry of Finance and PBoC Concerning AMC undertaking Trusteeship business”.
2004.12
2004/12/11, COAMC Harbin branch successfully signed an agreement to utilize foreign capital to dispose of NPL portfolios, and transferred RMB 2.39 billion worth of NPLs in 180 debtor enterprises.
2004.11
2004/11/29, COAMC and China Cinda Asset Management Corporation (CCAMC) signed the Agreement of Creditor’s Right Transfer to transfer NPLs in large quantities. According to the agreement, COAMC purchased RMB 128.9 billion Construction Bank NPL portfolios from CCAMC. This was the first time for NPLs from a state-owned commercial bank to be transferred between two AMCs through market channels on such a large scale.
2004.10
2004/10/18, CSRC decided to entrust Minfa Securities Co., Ltd. to COAMC and let COAMC run this company.
2004.09
2004/9, Vice President Gao Hechen attened the “2004 China International Financial (Banking) Technique and Equipment Expo”, which was sponsored by China Financial Computerization Corporation of PBoC, and co-organized by COAMC.
2004.08
2004/8, required by CBRC, COAMC set up a research team to carry out study on “the Information Disclosure System in AMC”.
2004.08
2004/8/2-4, COAMC held the Mid-year Working Conference in Beijing, and the officials from CBRC, the Ministry of Finance, Audit Office and the Supervisory Board of COAMC showed up and offered their suggestions.
2004.04
2004/4/28, COAMC was appointed as the demonstration unit of company lawyer in Beijing. It was the first AMC to acquire this qualification.
2004.04
2004/4, IMF officials visited the Harbin branch of COAMC. This was the first time the IMF paid such visits to an AMC in China. IMF spoke highly of the achievement COAMC made in asset disposal, business innovation, and corporate development.
2004.03
2004/3/10, Bai Shizhen, the president of COAMC signed the letter of responsibility for NPL disposal with the Ministry of Finance which could serve as a yardstick to evaluate the effectiveness of our work.
2004.03
2004/3/8, COAMC met with the auditing team sent by the State Auditing Administration in a meeting and report our work. This auditing team was first of its kind for AMCs, and the team would start their work after April.
2004.02
2004/2/24, the State Council approved the Request of the Ministry of Finance related to the reform and development issues of AMCs. The Ministry of Finance could set up targets to evaluate AMCs’ effectiveness. President Bai Shizhen required that every branch of COAMC should convey this message together with the new policies made in the 2004 Working Conference to its employees.
2003.12
2003/12/30, COAMC registered a cash recovery of RMB 5.216 billion in 2003, fulfilling 130% of the previously planned RMB 4 billion cash recovery and 104% of a more ambitious goal of RMB 5 billion.
2003.12
2003/12, Party Secretary of COAMC Gao Hechen visited Wuxiang, Shanxi, to attend the Opening Ceremony of Orient Hope Primary School.
2003.10
2003/10/21, President Bai Shizhen attended the First plenum of the Third Council of China Overseas Communication Association.
2003.10
2003/10/17, China Banking Regulatory Commission (CBRC) appointed Mei Xingbao as a Vice President and a Party committee member, ranked after Bai Shizhen. Shi Junzhi was appointed as a Vice President .
2003.09
2003/9/1, Baishizhen, the President of COAMC attended the 15th Annual Conference of Pacific Economic Council in Brunei, and paid a special visit to the working group in Hong Kong and Macao during his trip back to Beijing.
2003.08
2003/8/5, the new Supervisory Board of COAMC took office.
2003.07
2003/7/21-25, COAMC held the Mid-year Working Conferences separately in Dalian, Changsha, Urumqi, and Nanchang.
2002.12
In the year of 2002, COAMC realized a cash recovery RMB 5.351 billion, making its total cash recovery reach RMB 11.016 billion, fulfilling 107.02% of the RMB 5 billion task for cash recovery.
2002.12
2002/12/6, COAMC signed the agreement of NPL transfer with American Distressed Asset Consulting and Chenery Capital Inc. to transfer the creditor’s right of 60 NPL projects in the northeastern part of China with a book value of RMB 1.8 billion. The projects were incorporated into portfolios to be transferred to foreign middle and small investors.
2002.11
2002/11/18, in the Working Conference of COAMC participated by all the employees, Bai Shizhen, the president of COAMC explained the policies made in the 16th Party Congress. People were inspired and they became more confident about our business in asset management and NPL disposition.
2002.10
2002/10/16, Vice President Chen Jiangxu visited Germany with a delegation to attend the seminar about merger and acquisition held by DCW (Deutsch-Chinesische Wirtschaftsvereinigung) in Cologne.
2002.08
2002/8/19, COAMC held a ceremony to sign a cooperation agreement with KAMCCO to step up its effort of utilizing foreign capital to offer multiple channels for NPL disposal.
2002.08
2002/8, COAMC and BOC jointly dispatched a working group to Mozambique and Yemen to collect debts. According to the pre-decided proportion, $ 771,000 and $ 900,000 were collected respectively from these two countries. The loss of national asset was minimized and this case served as a good example for overseas debt collection.
2002.06
By the end of 2002/6, COAMC had sent debt-to-equity swap proposals and agreements of 214 companies (COAMC was the largest shareholder in 63 of them) to SETC (State Economic and Trade Committee), Ministry of Finance and PBoC, 209 of them have been approved by the State Council.
2002.06
By the end of 2002/6, COAMC had disposed of NPLs worth RMB 45.996 billion in book value, recovered assets worth RMB 21.665 billion by agreements, with an accumulated asset disposal rate as high as 20% (debt-to-equity swap excluded).
2002.06
2002/6/17-22, COAMC, German International Development Foundation and CAIEP (China Association for International Exchange of Personnel), co-organized the seminar of “International Asset Management and Disposal” in Beijing.
2002.06
2002/6/15, 14 representatives of COAMC attended the Party Congress for the central financial system, and Bai Shizhen was elected as a representative for the whole central financial system in the 16th National Party Congress.
2002.05
2002/5, COAMC held a conference to discuss and decide how to utilize foreign capital NPL portfolio disposal.
2005.05
2002/5/27-29, COAMC held a conference to review the work of asset disposal of the whole corporation in Wuhan.
2002.04
2002/4, COAMC Guangzhou Branch remitted the first sum of income from the “BOC Yanjiang Branch” NPL portfolio (sold in 2001) to the foreign investor’s account in Hong Kong. It showed that the policy obstacle foreign investors faced when purchasing NPLs in China was eradicated.
2002.02
2002/2, The Bank of China and COAMC jointly issued “The Guide Principles for BOC and COAMC to Better Manage and Dispose of the Creditor’s Rights on Common Debtors”, and “The Agreement on Custodian and Agency Service”. Both agreements were instrumental for BOC and COAMC to better manage and dispose of the creditor’s rights of common debtors, avoid the loss of national asset, and safeguard the common interest.
2002.02
2002/2, COAMC took over the Orient Hotel Holding Co., Ltd from the Orient Trust and Investment Co., Ltd., and held the first meeting for the new board of directors.
2002.02

2002/2/5-8, COAMC held the 2002 Work Conference in Beijing. The conference concluded that the company should improve its basic work, reinforce internal control, accelerate asset disposal and optimize disposition quality. On the conference, COAMC set the cash recovery goal at RMB 5 billion for 2002.
2001.12
In 2001, COAMC disposed of non-performing loans worth RMB 18.291 billion at book, recovered assets worth RMB 8.513 billion in total, representing 46.5% of the book value. The company registered a cash recovery of RMB 4.418 billion with a cash recovery ratio of 24.2%, fulfilling 147.3% of the cash recovery task of RMB 3 billion that year set by the Ministry of Finance.
2001.12
2001/12, Mr. Shi Junzhi was appointed President Assistant on the approval of the Financial Work Committee of the CPC Central Committee.
2001.12
2001/12, COAMC successfully sold an NPL portfolio worth RMB 1.8 billion to foreign investors with a cash recovery of USD 21 million in the first phase of the transaction.
2001.11
2001/11/1, President Bai Shizhen delivered a keynote speech in the 2001 NPL International Forum, which was co-organized by the four Chinese AMCs. COAMC introduced another 48 asset projects worth RMB 3.2 billion at the event.
2001.09
2001/9/21, COAMC signed the debt-to-equity swap agreement with Shenzhen Foreign Trade Group Corporation, the first D/E swap enterprise in China’s commercial & trading industry.
2001.09
2001/9/20, COAMC signed cooperation agreements concerning asset disposal with Shenyin & Wanguo Securities Co., Ltd., Hong Kong Daye Gold & Silver jewelry Company and Hong Kong Fanyi Industrial Corporation during the 6th International Chinese Merchants Conference and Jiangsu Autumn Conference.
2001.09
2001/9, the Ministry of Personnel appointed Bai Shizhen as the new president of COAMC on the State Council's approval. Former president Sun Changji left his post in the meantime.
2001.07
2001/7, COAMC reorganized the headquarters, after which there were 11 departments in the headquarters: Executive Office, Strategic Development Committee, Asset Disposition Management Department, Debt & Market Development Department, Equity & Investment Banking Department, Investment Asset Management Department, Accounting & Finance Department, Information Technology Department, Human Resources Department, General Auditing Department, Supervision Department. 
2001.07
2001/7/4-6, the Mid-year Conference on asset disposal was held in Beijing. The conference inspired its entire staff to keep the stamina, show their creativity, and get the work done to fulfill the goal of this year.
2001.06
By the end of 2000/6, the re-registration of 29 debt-to-equity swap enterprises, 12 among which COAMC had a dominant share, was completed.
2001.06
By the end of 2001/6/31, COAMC had achieved a cash recovery worth of RMB 1.113 billion in 2001.
2001.06
2001/6/10, the electronic document transmission system of COAMC was put in place, which was a major step in COAMC’s effort to improve its Office Automation system.
2001.05
2001/5, Suzhou Mingjiali Metal Co., Ltd. was re-registered in the local Industry & Trade Administration Bureau, which marked the success of COAMC’s first proprietary debt-equity swap project.
2001.05
2001/5, COAMC signed a cooperation agreement with Guaweb, China Auction Net and China Real Estate Developers Alliance for collaboration on online asset transaction and entrusted asset management. This marked a substantial progress for COAMC in NPL disposal through e-commerce and other channels.
2001.03
2001/3/28-4/1, Directors and Supervisors Training Program was held in Shanghai.
2001.03
2001/3, COAMC held the Debt Asset Management & Disposition Conference in Hainan province. After the conference, COAMC formulated the "Rules on management of the Stored Real Estate assets in Hainan Province" and the "Guideline on the Creditor's Right Confirmation of the Real Estate in Hainan Province".
2001.02
2001/2/5, COAMC and Korea Asset Management Corporation (KAMCO) signed an MoU on NPL disposal which stated that both sides would cooperate and communicate in following aspects such as NPL management and disposition, information system building, and personnel training etc.
2001.02
2001/2 and 2001/4, COAMC was accepted as a member by Shenzhen Security Exchange and Shanghai Security Exchange, making it possible for COAMC to under take businesses in the capital market such as stock and bond underwriting.
2001.01
By the end of 2000, COAMC had disposed of assets up to RMB 18.82 billion, and recovered assets worth RMB 4.541 billion, among which RMB 1.334 billion was cash recovery.
2001.01
2001/1/12-15, the COAMC Working Conference 2001 was held in Beijing. It required all the COAMC employees to keep the energy, consolidate the past achievement, and focus on asset management and key projects to make progress on all fronts.
1999.11
1999/11/23, China Securities Regulatory Commission (CSRC) approved COAMC to underwrite corporate shares within its business scope. But it was not a general qualification. COAMC had to apply for approval case by case.
1999.10
1999/10/28, spearheaded by COAMC, Zhejiang Chemical Fiber Corporation signed a debt-to-equity swap agreement with COAMC, State Development Bank of China, Cinda and Huarong AMC. It was the first time that multiple creditors co-signed a debt-to-equity swap agreement with one company.
1999.10
1999/10/25, COAMC signed its first Framework Agreement for debt-to-equity swap with Jiangxi Phoenix Optical Instrument Co., Ltd.
1999.10
1999/10/15，China Orient Asset Management Corporation(COAMC) was established in Beijing. Sun Changji was appointed by the State Council the president of the company while Bai Shizhen and Chen Jiangxu were made Vice Presidents.
2000.12
2000/12/25, COAMC was granted the A-share underwriter license by CSRC and was allowed to undertake business including stock underwriting and listing recommendation for the assets under its management.
2000.12
2000/12/22, Shaoxing Silk Factory, the first firm owned by COAMC through debt-to-equity swap was formally established.
2000.12
2000/12/12-15, COAMC held its first symposium on investment banking in Shenzhen.
2000.11
2000/11, the Guangzhou branch of COAMC hired Price Waterhouse Coopers Co., Ltd. to conduct an overall investigation on the assets received from Yanjiang branch of Bank of China.
2000.11
2000/11/28, BOC and COAMC jointly formed a liquidation working group to liquidate China Orient Trust Company（COTC）. COAMC accepted, managed and disposed of all the investment assets and corresponding liabilities of COTC. 
2000.11
2000/11, Vice President Bai Shizhen led a delegation to attend the "NPLs Forum of Asia Pacific" in Seoul, Korea. The delegation communicated with foreign investors and intermediary agencies extensively on NPL disposing. The delegation also visited Japan.
2000.10
2000/10 and 2000/12, Vice President Chen Jiangxu visited USA and Europe with a COAMC delegation to learn from foreign AMCs and recommend assets to overseas investors and intermediaries.
2000.09
2000/9-10, COAMC held seminars on the disposition of foreign trade related non-performing assets in Beijing, Nanjing, Guangzhou, Xi'an and Dalian, which were followed by the publication of "The Guideline for the Dispose of Foreign Trade Related Assets".
2000.09
2000/9/5, COAMC signed an MoU with Guotaijun'an Security Co., Ltd.
2000.09
By 2000/9, COAMC had completed all the debt-to-equity swaps assigned by National Economy & Trade Committee, signing agreements with over 220 companies with a total value of RMB 63 billion.
2000.08
2000/8/23, the Supervisory Board entered COAMC on the accreditation of State Council.
2000.06
2000/6/22-24, the Mid-year Working Conference of COAMC was held in Beijing. The conference pointed out that COAMC should shift its focus to asset management and disposition.
2000.06
By the end of 2000/6, COAMC had purchased non-performing loans worth RMB 267.4 billion.
2000.05
By 2000/5, COAMC had almost completed all its work to establish 25 branches around the country.
2000.05
2000/5/31, COAMC and Hong Kong Zhongzhi Finance Limited co-organized a seminar on "How to Use Foreign Capital to Restructuring Stated-owned Assets".
2000.03
2000/3/31, PBoC approved COAMC to undertake asset leasing business.
2000.01
2000/1/24-27, COAMC held the Working Conference 2000 in Beijing. This conference was instrumental for the establishment of corporate structure and business development.
2000.01
2000/1/4, PBoC approved COAMC to establish 25 branch offices nationwide in such places as Guangzhou, Nanjing, etc.
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