Ruijing Asset competes for a huge asset package from Jiexin-银泰官网

Ruijing Asset competes for a huge asset package from Jiexin

2024-06-04 18:07:16

On June 3, 2024, the bidding for the CFC 2024 [01] debt transfer project of Jiexin Consumer Finance Co., Ltd. (referred to as the "Jiexin Debt Transfer Project") came to an end. Jiangxi Ruijing Financial Asset Management Co., Ltd. (referred to as "Ruijing Asset"), a subsidiary of Intime Group, successfully won a 26.464 billion yuan asset package from Jiexin. This transfer of Jiexin's debt is the largest single asset transaction in the history of personal loan approval business. After the completion of the transaction, Ruijing Asset Management has exceeded 30 billion yuan in principal in personal loan transfer business management, officially entering the leading position in the industry. Since its establishment, Ruijing Asset Management has always adhered to the Party's line and guidelines, strictly implemented the policy guidance of the Party Central Committee, and closely focused on the development plan of inclusive finance. The company takes inclusive finance as its foundation and serves small and medium-sized enterprises as its development concept, committed to serving small and micro groups and resolving C-end risks. As of the end of 2023, Ruijing Asset Management has accumulated asset management scale of approximately 49 billion yuan, acquired non-performing loans of 46 billion yuan, and resolved nearly 24 billion yuan of debt risks. Looking ahead to the future, Ruijing Asset Management will continue to promote high-quality and sustainable development of personal loan approval business, help more debtors get out of debt difficulties, return to the social credit system, further demonstrate the responsibility and commitment of local financial asset management companies, and make positive contributions to resolving group risks and maintaining financial market stability.