Jiangxi Ruijing Financial Asset Management Co., Ltd., a subsidiary of Intime Group, was established

On January 31st, under the guidance of the Financial Work Office of the Jiangxi Provincial People's Government and with the care and support of the Ganzhou Municipal Party Committee and Government, Jiangxi Ruijing Financial Asset Management Co., Ltd., a financial asset management company under Intime Group, was officially registered and established.

Jiangxi Ruijing Financial Asset Management Co., Ltd. has a registered capital of 1.5 billion yuan and was established by Yintai Group in conjunction with well-known domestic enterprises such as Ganzhou Development Group, Dalian Century Mall, and Global Hengtai. Yintai Group is the largest shareholder. Its main business is the bulk acquisition, management, and disposal of non-performing assets of financial enterprises, quasi financial enterprises, and other enterprises in Jiangxi Province, making it the second financial asset management company in Jiangxi Province. Jiangxi Ruijing Financial Asset Management Co., Ltd. adheres to the concept of creating value through professionalism, serving mainstream finance and the real economy, and is committed to becoming the most innovative and leading asset management institution in China. By transforming passive asset management into active asset management, fully utilizing the capital market, uniting various forces, innovating thinking and development models, providing new impetus for the disposal of local non-performing assets, and creating the best operating efficiency of non-performing assets. Including joint industrial capital and innovative new channels for asset disposal; Build a service provider incubation platform to jointly promote the management of non-performing assets through unified planning and professional division of labor; Connect with the capital market, innovate financing channels, optimize financing structure, raise high-quality and low-cost funds through multiple channels, and provide sufficient financial support for the operation of non-performing assets; Through strategic alliances, we collaborate with valuable institutions in the non-performing asset ecosystem to expand our business areas, break geographical limitations, and enhance the returns on non-performing asset disposal. Intime Group has established Shanghai Weihan Financial Leasing Co., Ltd., initiated the establishment of an online commercial bank, and invested in 51 credit cards to promote technological financial innovation. The establishment of Jiangxi Ruijing Financial will strengthen its platform advantages, leverage the professional advantages, resources, experience, and capabilities of financial asset management companies, continuously improve the efficiency of non-performing asset disposal, and prevent and resolve potential financial risks; At the same time, through asset restructuring, debt restructuring, and enterprise restructuring, social resources, especially production resources, are optimized for allocation, achieving value appreciation, optimizing services for the real economy, and helping the continuous deepening of the country's supply side structural reform, leveraging the support of capital for industry.