The Group's distressed asset-based special situation investment business invests through various instruments in assets with value appreciation potential (equity and creditor's rights, physical assets, etc.). By improving the capital structure, management and operation of the enterprises, the company exits and realizes asset appreciation income through listing, mergers and acquisition.
Rongde Asset Management Co., Ltd.
The Group conducts its distressed asset-based special situation investment business through Huarong Rongde Asset Management Co., Ltd. (“Huarong Rongde”). Huarong Rongde is the joint venture asset management company established by China Huarong, Deutsche Bank AG, Clearwater Capital and other international financial institutions in Beijing on August 29, 2006. Huarong Rongde combines and integrates the strengths of China Huarong, Deutsche Bank AG, and other international financial institutions in terms of brand, expertise, network and clients. It has set up corporate governance, business system, management process and internal control mechanism in line with international standards.
Address：Rm 306, Zhuozhu Center, No. 6, Wudinghou Street, Xicheng District, Beijing, 100033, China
TEL：+86 10 59400399