Core Viewpoint - The successful opening of the Wuxiang Hangyang City commercial complex in Nanning, Guangxi, after five years of stagnation, highlights the effective resolution of local issues and showcases the innovative "investment + intelligence" model employed by CITIC Financial Asset Management [1][2][4]. Group 1: Project Overview - Wuxiang Hangyang City covers an area of over 130,000 square meters and is located in the financial and business service hub of Wuxiang New District, Nanning, which hosts 157 financial institutions and 7 Fortune 500 companies [2]. - The project faced a liquidity crisis leading to a halt in construction, with 70% of signed merchants withdrawing and over 1.2 billion yuan in loans at risk of default [2][3]. Group 2: Resolution Strategy - CITIC Financial Asset Management adopted a comprehensive relief plan, coordinating with local government and judicial authorities to facilitate the bankruptcy restructuring of the debtor company [2][3]. - The innovative approach combined financial support with strategic asset restructuring, effectively addressing a debt crisis of 1.285 billion yuan and enabling the project's completion [3][4]. Group 3: Economic Impact - The successful opening of Wuxiang Hangyang City has created over 1,100 jobs, resolved 33 million yuan in overdue project payments, and improved the economic landscape of the Nanning Free Trade Zone [4]. - The project has been recognized as a classic case for its innovative restructuring approach, contributing to the revitalization of the local economy and enhancing the reputation of CITIC Financial Asset Management [4][5].