|Real Estate Investment ＆ Development Based on Distressed Assets|
The Group’s distressed asset-based property development business restructures, invests in and develops high-quality property projects acquired in the course of its distressed asset management. It generates profits from appreciation of the related assets, prevents and resolves risks of the distressed assets.
Huarong Industrial Investment & Management Co., Ltd (“Huarong Industrial”, formerly known as Huarong Real Estate established in 2009) has worked closely with the distressed asset of the parent company. By innovatively combining finance and real estate business, Huarong Industrial has served the important missions to revitalize distressed assets, promote local real economy and preserve and increase the value of state-owned assets.