On July 25, the 224th regular press conference of the banking and insurance industry was successfully held in the China Banking and Insurance Regulatory Commission. Chen Xiaokua, Assistant President of China Orient, attended the conference as the main publisher.

At the press conference, on the theme of ‘Strengthen, Optimize and Expand the Main Business of Non-performing Assets to Promote the High-quality Development of China Orient,’ Assistant President Chen Xiaokua introduced the relevant information to more than 40 mainstream financial media, including Xinhua News Agency, Xinhua Net, Financial Times, Economic Daily, Economic Information Daily, China Securities Journal, Shanghai Securities News, Securities Times, 21st Century Business Herald, National Business Daily and others. The conference focused on many hot issues of China Orient. For example, China Orient earnestly implemented the central financial policies and regulatory requirements, insisted on returning to its original source and focused on its main business, actively explored the market, increased the investment in the main business of non-performing assets, continued to carry out market-oriented debt-to-equity swap business as well as helped to prevent and resolve major financial risks, supported the deepening of structural reforms on the supply side and continuously improved the quality and efficiency of service to the real economy and others. China Orient conveys to the market as a state-owned financial asset management company and firmly grasps its position and function in the development of the national economy. The concept has been established that non-performing asset management is the ‘spring’ of China Orient growth, the ‘foundation’ of its foothold and the ‘way’ of its development. The determination has been highlighted that China Orient will fulfil its initial mission with strengthening, optimizing and expanding its main business of non-performing asset, defusing financial risks and serving the real economy.

Ning Jing - General Manager of the Comprehensive Plan and Strategic Collaboration Department of China Orient Headquarters and Yang Zheng - General Manager of the Business Management Department II attended the meeting as publishers. Jiang Yueming - General Manager of the Board of Director's Office, Zeng Tao - General Manager of the Office, and Xu Junqing - Vice General Manager of the Office accompanied the conference.