Core Viewpoint - The acquisition of non-performing asset portfolios by Huaxing Capital Holdings is expected to provide significant investment returns as the market continues to recover, with confidence in the recovery of a substantial portion of the debts over time [1][2]. Group 1: Acquisition Details - Huaxing Capital Holdings plans to acquire two non-performing asset portfolios from Fuzhou Qifu Financing Guarantee Co., Ltd. and Fuzhou Qifu Microloan Co., Ltd. for approximately RMB 277.1 million and RMB 31.2 million, respectively [1]. - The first portfolio (Non-performing Asset Portfolio I) has an outstanding principal balance of approximately RMB 6.677 billion, with an average overdue period of 854 days, and 20% of the debts overdue for one to two years [1]. - The second portfolio (Non-performing Asset Portfolio II) has an outstanding principal balance of approximately RMB 752 million, with an average overdue period of 439 days, and 38% of the debts overdue for one to two years [1]. Group 2: Strategic Implications - The acquisition is expected to expand the company's self-operated investment scope and enhance investment returns, creating value for shareholders as the recovery value may exceed the purchase price over time [2]. - The company anticipates that the asset portfolios will diversify its income sources through increased credit-related assets, leading to sustained revenue and improved cash flow from future recoveries [2].
华兴资本控股(01911)拟斥资约3.08亿元收购两笔不良资产组合