Changsha State-owned Enterprise Assets Management Co.,  

1. Successful creditor’s rights packaging case of 2006

In 2006, the company signed the “ bad loan claims transfering contract “ with the Huarong, Xinda, Orient and Great Wall Asset Management Co respectively. The company successfully got the transferee of bad loan credetor’s rights loaned by 152 enterprises such as Zhongyi Electrical Group, Changsha Brewery and so on from the four asset management corporations. The credit’s right amounted to 3.175 billion yuan .

 

2. Successful creditor’s rights packaging case of 2004

On 26 March, 2004, authorized by the municipal government, the company signed the “ bad loan claims transfering contract “ with the Changsha office of the China Oriental Asset Management Co, and got a totally transferee of the bad loan claims loaned by 8 entrprises such as Hunan Xiangci Factory, Changsha Engine Parts Plant and the second Shoe Factory in Changsha from it. The claims amounted to 154 million yuan .

 

3. Successful creditor’s rights packaging case of 2003

At the end of2003, the company, authorized by the municipal government, signed the “ bad loan claims transfering contract” with the Changsha offices of the Xinda Asset Management Co and Huarong Asset Management Co, and totally got a transferring of the bad loan claims loaned by 30 enterprises such as Changsha Heavy Machinery Plant,Changsha fructose

Plant ,Hunan Instrument Factory from them. The claims amounted to 512 million yuan.

 

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