China Huarong Asset Management Co., Ltd. is an investment holding company principally engaged in asset management. The Company operates through three segments. Distressed Asset Management Operations segment is engaged in distressed asset management, debt equity swap asset management, custody and agency services for distressed assets, distressed asset-based special situations investment and distressed asset-based property development. Financial Services segment is engaged in the provision of financial services, including banking, securities and futures, financial leasing and asset management services, among others. Asset Management and Investment Operations segment is mainly engaged in the management of trust and other assets, financial investment, international businesses and other businesses.