China Orient Asset Management Co., Ltd.

China Orient Asset Management Co., Ltd. (Hereinafter referred to as China Orient) is a state-owned centralfinancialenterprise jointly established by the Ministry of Finance and the National Council for Social Security Fund. Established in October 1999, China Orient was then known as China Orient Asset Management Company and restructured into a limited company in 2016. Since its establishment, China Orient has been endeavoring to ‘safeguard state-owned assets, resolve financial risks and promote the reform of state-owned enterprises,' and regards the lawful and compliant operation as its lifeline. China Orient has accumulatively managed and disposed nearly 2 trillion yuan of non-performing asset, making a positive contribution to the stability of China's financial system.By the end of 2019, China Orient's total assets exceeded1.1 trillion yuan, with 26 branches in key domestic cities, covering a wide range of business, such as asset management, insurance, banking, securities, trust, credit rating and international business. China Orient now owns 12 class I subsidiaries, including China United Insurance Group Company Limited, Bank of Dalian Co., Ltd., Dongxing Securities Co., Ltd., China Orient Asset Management (International) Holding Limited, Bangxin Asset Management Co., Ltd., Shanghai Dongxing Investment Holdings Co., Ltd., China Orient Qianhai Asset Management Co., Ltd., Orient Bangxin Finance Holding Co., Ltd., Golden Credit Rating International Co., Ltd., Daye Trust Co., Ltd., Orient Bangxin Capital Co., Ltd. and Zhejiang Rongda Enterprise Management Co., Ltd., with approximately 60,000 employees across the country and service network covering the whole country.