As
a United States publicly traded company (NASDAQ: CHWE), Chinawe
is one of the top non-performing loans (NPL) service providers in
Mainland China.
Based on strong local knowledge,
close relationship with our cooperation parties and professional
skills, Chinawe was able to facilitate NPL resolutions. We also
participated in the NPL portfolios purchase, which was the first
time in China that a pool of NPL has been sold by any of the State-owned
asset management companies to foreign investors without any retained
interest.
Owing to its latest success in evaluating
and resolving NPL, Chinawe is extending its investments to manufacturing,
agriculture and real estate large-scale projects. The directors
of the Company believe that the combination of in-depth knowledge
of China and professional skills in the servicing industry shall
lend the Company a competitive edge in acquiring and servicing these
NPL bundles.
Chinawe shows strong competition
advantage in asset management among various industries located in
China. Along blossoming with the Chinese financial market, Chinawe
will continue to persist in the principle of sincerity, mutual benefits
and together prosper with all circles.
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