China Great Wall Asset Management
Native name | 中国长城资产管理股份有限公司 |
|---|---|
| Company type | State-owned enterprise |
| Industry | Financial services |
| Founded | 2 November 1999 |
| Headquarters | Beijing, China |
Key people | Li Junfeng (President) |
| CN¥22.7 billion (2021) | |
| CN¥−8.2 billion (2021) | |
| Total assets | CN¥642.9 billion (2021) |
| Total equity | CN¥64.7 billion (2021) |
| Parent | Ministry of Finance National Council for Social Security Fund China Life Insurance Company |
| Subsidiaries | Great Wall Pan Asia Holdings |
| Website | www |
China Great Wall Asset Management Co., Ltd. is a Chinese distressed asset management company headquartered in Beijing. It is a state-owned enterprise. The company is an asset management company that originated as a bad bank for the Agricultural Bank of China. It was one of the four asset management companies that the Government of China established in 1999 in response to the 1997 Asian financial crisis.