Research On The Disposition Of Non-Performing Assets Of Casset Management Company

Due to the impact of the epidemic and various subjective and objective factors,the economic development situation in China has been exceptionally severe in the past two years,with the real economy struggling to maintain in the cracks.The number of problematic enterprises is increasing day by day,and the scale of various non-performing assets is gradually expanding,seriously affecting the development of the economy.In this context,continuously expanding domestic market demand and promoting the construction of new development patterns and the improvement of modern financial systems are the fundamental ways to promote high-quality development of the national economy in the new era.The high-quality development of the economy depends on deepening China’s financial reform and enhancing its ability to resist risks.Through the acquisition of non-performing assets,asset management companies reorganize the resources of problem projects and enterprises,effectively play the special function of adjusting the business cycle,and make great contributions to the development of the real economy.However,with the diversification of participating entities and the extension of business scope,the market-oriented development of non-performing asset management has further accelerated,which has put forward high standards for the ability of asset management companies to dispose of non-performing assets.Therefore,it is urgent to strengthen in-depth optimization research on the disposal methods of non-performing assets of asset management companies,in order to provide scientific basis for accelerating the stacking of non-performing assets and resolving financial risks.Based on domestic and foreign literature and relevant theories,this article discusses the problems and limitations of the current non-performing asset disposal method of C Asset Management Company through case analysis and practical research analysis,and proposes corresponding improvement measures from two aspects: financial non-performing assets and non-financial non-performing assets.The main analysis conclusions of the thesis are as follows:Firstly,C Asset Management Company strictly complies with the regulatory requirements of the China Banking and Insurance Regulatory Commission,focusing on the company’s main responsibilities and conducting disposal businesses such as the acquisition of financial non-performing assets and the acquisition of non-financial non-performing assets.In terms of the disposal of financial non-performing assets,seven models have been formed,namely the "financial single account acquisition + asset disposal" model,the "financial asset buyout + asset disposal" model,the "financial asset buyout + acquisition counter commission"model,the "total to total" cross regional asset acquisition + asset disposal "model,and the"financial non-performing asset acquisition + debt restructuring "model The model of "batch acquisition of personal non-performing loans + asset disposal" and the model of "acquisition of financial non-performing assets + substantive restructuring + merger and acquisition restructuring";There are two models for the disposal of non-financial non-performing assets,namely the "acquisition of non-financial non-performing assets + debt restructuring" model and the "acquisition of non-financial non-performing assets + asset disposal" model.Secondly,the main problems faced by C Asset Management Company in the disposal of financial non-performing assets include: lack of competitiveness in the quotation of financial non-performing assets and low bid winning rate;Slow disposal and recycling drive up operating costs;The marketing quality of non-performing asset disposal is not high;The channels for disposing of non-performing assets are relatively narrow;The workload of verifying collection notices is large;The main problems in the disposal of non-financial non-performing assets are:;Capital restrictions lead to low disposal efficiency;The lack of matching response measures during the disposal process has led to instability in the management of the party being disposed of.Thirdly,the main measures for improving the disposal of non-performing financial assets by C Asset Management Company include: continuously strengthening cooperation with large banks and national joint-stock banks;Actively participate in the reform of small and medium-sized financial institutions to transform insurance;Actively expanding the acquisition and disposal of non-performing assets of non bank financial institutions such as trusts;Improve the quality of due diligence in the acquisition of non-performing assets;Strengthen the classification management of non-performing assets and increase the disposal of existing assets;Establish a comprehensive evaluation system with the goal of cashing back and resolving endogenous adverse projects;The main measures for improving the disposal method of non-financial non-performing assets of C Asset Management Company include:combining equity and debt;Structured non gold bond acquisition business;The securitization of non-financial bonds.Fourthly,C Asset Management Company provides organizational management support for the disposal of non-performing assets by constructing a risk management framework with a well-developed structure and clear responsibility boundaries;Based on the implementation of effective incentive measures and the construction of a sound incentive mechanism,the work enthusiasm and initiative of technical personnel for the disposal of non-performing assets can be fully mobilized,and by improving the structural rationality of the non-performing asset disposal team,human resources guarantee can be provided for the disposal of non-performing assets;Based on "Internet plus",big data,VR and other technologies,we will build an asset management and related service platform,streamline the process,improve the security,accuracy and timeliness of information collection,and provide a technical platform guarantee for the disposal of non-performing assets.