1月26日金融一线消息，国家金融监督管理总局日前发布《关于向党中国长城资产管理股份有限公司董事长任职资格的批复》，核准向党中国长城资产管理 股份有限公司董事长的任职资格。 公开资料显示，向党出生于1971年，重庆大学技术经济及管理专业博士，高级经济师。其职业生涯始于1992年，先后任职于上海宝钢五冶质监处、中国建设 银行重庆分行。 向党于1999年加入中国信达，历任重庆办事处投资银行部高级副经理、高级经理，南京办事处主任助理、党委委员、纪委副书记，江苏分公司总经理助理、 党委委员、纪委副书记，重庆分公司副总经理、总经理、党委书记等职，2019年任中国信达总裁助理。 2020年，向党调任长城资产任党委委员、副总裁，2022年9月升任总裁，2024年12月暂代董事长职务，2025年10月正式当选董事长并不再担任总裁职务。 责任编辑：曹睿潼 1月26日金融一线消息，国家金融监督管理总局日前发布《关于向党中国长城资产管理股份有限公司董事长任职资格的批复》，核准向党中国长城资产管理 股份有限公司董事长的任职资格。 公开资料显示，向党出生于1971年，重庆大学技术经济及管理专业博士，高级经济师。其职业生涯始于1992年， ...

Core Viewpoint - The real estate industry is undergoing a deep adjustment, and Xinda Real Estate is facing significant challenges, with a projected net loss of 7.5 billion to 8.1 billion yuan for 2025, marking a nearly tenfold increase from the previous year's loss of 784 million yuan [1][2]. Financial Performance - Xinda Real Estate's net profit for 2025 is expected to be a loss of 75 billion to 81 billion yuan, a substantial increase from the 2024 loss of 7.84 billion yuan, indicating severe financial strain [2]. - The company's revenue has been declining for four consecutive years since reaching a peak of 25.86 billion yuan in 2020, with 2024 revenue dropping to 8.028 billion yuan, reverting to levels seen a decade ago [2]. - For the first three quarters of 2025, the company's revenue fell to 2.692 billion yuan, reflecting ongoing challenges in traditional real estate development [2]. Asset Impairment - A significant factor contributing to the losses is a 6.189 billion yuan asset impairment provision, which is expected to reduce the company's total profit for 2025 by the same amount [2][3]. - The impairment provision encompasses various asset categories, including bad debts, investment losses, inventory write-downs, and investment property impairments, highlighting the severe challenges faced by the company in its previous real estate investments [2][3]. Debt Situation - Xinda Real Estate currently has 17 outstanding bonds with a total value of 18.13 billion yuan, indicating a substantial debt burden [3]. - The company has a large exposure to debt and equity investments in real estate projects, which poses risks of impairment and recovery amid the industry's downturn [3]. Strategic Shift - In response to financial and debt pressures, Xinda Real Estate is pivoting towards a light-asset model focused on construction management, aiming to reduce reliance on traditional real estate development [4][5]. - The company has significantly increased its efforts in construction management since 2025, viewing it as a critical strategy to navigate operational challenges [4][5]. - The construction management business has become a major component of new project acquisitions, with 67.5% of new project area in 2025 being attributed to this segment [5]. Market Position and Competition - Despite the growth in construction management, traditional real estate development revenue fell by 27.6% in the first half of 2025, indicating that the new business model has not yet compensated for the decline in core operations [6]. - The construction management sector is becoming increasingly competitive, with major real estate firms and specialized companies entering the market, necessitating ongoing efforts in brand, management, and resource integration for Xinda Real Estate to secure a competitive position [6].

| 序 | 借款人 | 借款合同名 | | 担保合同名称 | | 原贷款行/ | | --- | --- | --- | --- | --- | --- | --- | | 특 | 名称 | 称及编号 | 担保人名称 | 及编号 | 各注 | 初始债权 | | | | | | | | 1 | | 1 | | | 胡振匆、白家庄 | | 同 一笔借款合 同,共发放内 笔,本笔借据 | 北京银行 股份有限 | | | | | 国大置业房产 | | | | | | | 《借款合同》 | | | | | | | | 0492219 | 服务集团有限 | | | 公司石家 | | | | | 公司、赵北辰、 | 0492219 001 | 编号为 | | | | 国御温 | | | 0492219 002 | | 圧分行 | | | | | 国御温泉度假 | | 0492219001 | | | | 泉度假 | | 小镇股份有限 | 0492219 003 | | | | | 小镇股 份有限 公司 | 《借款合同》 | | 0492219 004 0492219 006 | | 北京银行 股份有限 | | | | | ...

来源：不良资产头条 不良资产处置过程中，税务筹划是不可忽视的重要环节，也是影响最终收益的风险点。合理的税务筹划不仅可以最大程度降低风险，还能提高处置收益。 然而，不良资产所涉税种繁多，不同类型的资产、不同的处置方式所产生的税率都不一样，不同地区税收征管部门对同一业务存在不同的征税方式，加上 政策规定的更新，非税务领域专业人士如不了解税种、税率、征管政策、交易结构等问题，极有可能导致项目投资或处置的定价、收益估算逻辑的谬误。 基于此，火栗网研究中心独家策划《不良资产投资处置税务详解及优化》培训班，特邀四位行业专家，专解不良资产特有税务场景，课纲覆盖了税筹前提 下的尽调估值、债务重组及破产重整，再到法拍税务疑难问题和不同交易结构下的合规管理，跟随最新法规和税收优惠政策，每讲均有"案例+实务精 讲"模式辅助理解，带领大家找出不良资产投资处置各环节中的税务关键点，破解非标处置税务难题，最大程度地将专家经验转化为可复用的方法论。 01 课程概况 主 办 方：火栗网研究中心 培训时间：2026年3月14-15日（周六、日） 培训地点：杭州市 阿里中心·西湖 会议费用： ①标准价：4500元/人，3人及以上报名4300元/ ...

Group 1 - Gansu Bank's president qualification for Shi Hailong has been officially approved, with the term starting from January 15, 2026, until the end of the fourth board term [1] - Shi Hailong, aged 52, has extensive experience in the financial sector, including roles in banking, asset management, and rural credit systems [3] - Gansu Bank, a state-owned urban commercial bank, was established on November 19, 2011, and listed on the Hong Kong Stock Exchange on January 18, 2018, with 19 primary branches and 199 operational institutions [3] Group 2 - As of June 30, 2025, Gansu Bank's total assets reached 42,748.16 billion yuan, a 3.1% increase from the end of 2024 [4] - The total amount of customer loans and advances was 24,190.60 billion yuan, reflecting a 4.5% growth compared to the end of 2024 [4] - The non-performing loan ratio decreased by 0.08 percentage points to 1.85% since the beginning of 2025, indicating improved risk management [4] - Customer deposits totaled 33,442.13 billion yuan, up 4.1% from the end of 2024, showcasing a stable asset-liability structure [4] - In the first half of 2025, Gansu Bank achieved total operating income of 2.717 billion yuan and a net profit of 399 million yuan, a 1.1% increase from the same period last year [4]

Group 1 - The core viewpoint of the article highlights the changing landscape of public fund heavyweights, with CATL maintaining its top position while Zhongji Xuchuang rapidly closes the gap [1][6] - As of the end of 2025, CATL holds a total market value of 181.83 billion yuan, while Zhongji Xuchuang has reached 162.14 billion yuan, significantly narrowing the gap from 96.01 billion yuan in the previous quarter [6][8] - The top ten heavyweights in public funds include CATL, Zhongji Xuchuang, Xinyi Semiconductor, Kweichow Moutai, Zijin Mining, Tencent Holdings, China Ping An, Cambricon Technologies, Alibaba-W, and China Merchants Bank, with total market values ranging from 57.91 billion yuan to 181.83 billion yuan [6][10] Group 2 - In the active fund category, Zhongji Xuchuang has overtaken CATL to become the top heavyweight, with a total market value of 82.54 billion yuan, while CATL's value is 69.18 billion yuan [3][10] - The active funds show a preference for technology and cyclical stocks, with significant increases in rankings for Xinyi Semiconductor and Zijin Mining, while Tencent Holdings and Alibaba-W have seen declines [3][12] - The top ten heavyweights in active funds include Zhongji Xuchuang, CATL, Xinyi Semiconductor, Tencent Holdings, Zijin Mining, Alibaba-W, Cambricon Technologies, Luxshare Precision, Kweichow Moutai, and Dongshan Precision, with market values ranging from 25.61 billion yuan to 82.54 billion yuan [10][11] Group 3 - The public fund's top ten increased holdings are dominated by "Chinese-character" stocks, focusing on the financial and energy sectors, with notable increases in Industrial Bank, China Cinda, and Industrial and Commercial Bank of China [4][15] - The financial sector saw significant increases in holdings, primarily driven by broad-based ETFs, while the energy sector also experienced collective increases from dividend ETFs [4][15] - The top ten stocks with the largest reductions in holdings are concentrated in the financial, media technology, and traditional cyclical sectors, with Oriental Fortune and Focus Media being the most significantly reduced [5][16] Group 4 - In the fourth quarter, Oriental Fortune and Focus Media were the only two stocks that saw reductions exceeding 60,000 shares, indicating a consensus among institutions to withdraw from these stocks [5][16] - The reduction in Oriental Fortune was primarily driven by multiple broad-based ETFs, while Focus Media faced significant reductions from several well-known active fund managers [5][16] - The reduction list also includes Agricultural Bank of China, Nanjing Steel, and China CITIC Bank, which were primarily affected by dividend-themed ETFs [17]

根据中国银行股份有限公司深圳市分行（下称"中国银行"）与中国信达资产管理股份有限公司深圳市分 公司（下称"中国信达深圳分公司"）于2025年9月22日签署的《不良资产批量转让协议》，中国银行已 将其对《公告清单》（详见附件）所列借款人及其担保人享有的主债权及担保合同项下的全部权利，依 法批量转让给中国信达深圳分公司。中国银行及信达资产特联合公告通知各借款人及担保人以及相关债 务承继人（如有）。 中国信达深圳分公司作为上述债权的受让方，现公告要求《公告清单》中所列借款人及其担保人（包括 相关债务承继人），从公告之日起立即向中国信达深圳分公司履行主债权合同及相关文件约定的还本付 息义务及其他相应义务。本公告未尽事宜，以双方签订的转让合同为准。 特此公告。 中国银行股份有限公司深圳市分行 中国信达资产管理股份有限公司深圳市分公司 2026年1月23日 注：1.《公告清单》仅列示截至转让基准日（转让基准日为2025年8月6日）的债权本金余额，借款人和 担保人（包括相关债务承继人）及义务主体应支付的利息、罚息、复利、违约金及其它应付款，按借款 合同、担保合同及中国人民银行的有关规定或生效法律文书确定的为准。已经进入诉讼 ...

Group 1 - The core point of the news is that Jingu Trust has reduced its stake in Caesar Travel (000796) from 5.23% to 4.9999%, resulting in Jingu Trust no longer being a major shareholder with over 5% ownership [2] - Jingu Trust sold 3.6257 million shares through centralized bidding, leaving it with 80.1894 million shares in Caesar Travel [2] - The reduction in shares is attributed to Jingu Trust's own financial needs and arrangements [2] Group 2 - Prior to this reduction, Jingu Trust had already conducted two rounds of share reductions in 2025, decreasing its holdings from 102.0603 million shares to 99.8529 million shares in the first round, and from 99.8529 million shares to 83.8151 million shares in the second round [3] - Jingu Trust's shares in Caesar Travel originated from non-trading transfers due to judicial rulings related to debt repayment during the company's bankruptcy restructuring [3][4] - In December 2023, a court ruling awarded Jingu Trust 93 million shares of Caesar Travel, which accounted for 11.58% of the company's total shares, as compensation for debts owed by the controlling shareholder [3] Group 3 - According to the restructuring plan, Jingu Trust's shareholding increased from 93 million shares to 102.0603 million shares during the capital reserve conversion and share transfer process [4] - Jingu Trust has indicated that it may consider further reductions or increases in its stake in Caesar Travel within the next 12 months, depending on market conditions [5] - Jingu Trust is a subsidiary of China Cinda, holding 93.75% of its shares, with the remaining 6.25% held by the China Women's Activity Center [5]

2025年11月，习近平总书记在广东考察时强调，要深入学习宣传贯彻党的二十届四中全会精神，科学谋 划未来5年的目标、任务和举措，以全面深化改革开放推动高质量发展，久久为功推动粤港澳大湾区建 设。 中国信达锚定国家战略坐标，深度融入广东改革发展大局，将学习贯彻成效转化为推动高质量发展的强 大动能，在南粤大地书写金融报国、服务广东的崭新答卷。 深耕主责主业 筑牢金融安全屏障 金融安全是国家安全的重要组成部分，是经济社会平稳健康发展的重要基础。中国信达始终牢记金融央 企职责使命，聚焦不良资产主业，当好区域金融安全守护者，为广东经济高质量发展保驾护航。 中国信达广东分公司立足大湾区的区位优势，直面银行不良资产处置难题，以专业能力破解行业痛点。 近年来，累计收购金融不良资产包超100个，涉及债权本金超610亿元；其中，收购全国首单国有大行收 购反委托资产包及全国首单对公车贷资产包，为行业提供可复制的案例样本。在中小金融机构风险化解 领域，广东分公司累计收购超60批次资产，投入资金超100亿元。 中国信达深圳分公司奋力谱写中国特色社会主义先行示范区建设新篇章，在区域银行不良资产公开转让 市场精准发力，持续巩固行业领先地位 ...

Group 1 - The core viewpoint of the article is that China Cinda (01359) has announced the reappointment of Mr. Wang Changyun and Mr. Sun Maosong as independent non-executive directors, and Mr. Wang Pengcheng has been appointed as an independent non-executive director [1]