Core Viewpoint - The article emphasizes the growing importance of special asset management in the context of economic restructuring and the need for diversified asset disposal strategies, highlighting the role of JianYuan Trust in this sector [1][2]. Group 1: Special Asset Business Opportunities - JianYuan Trust has achieved a business scale of 130 billion yuan in special asset management over the past two years, positioning itself as a key player in this market [1]. - The company views itself as a "discoverer, activator, and enabler" of special asset value, focusing on risk disposal services, revitalization of state-owned assets, and comprehensive services for non-performing assets [1][13]. - The trust's unique resources, including its location in Shanghai and partnerships with major stakeholders, provide a solid foundation for its special asset business [3]. Group 2: Industry Trends and Strategic Positioning - The special asset business is seen as a "value lowland" in the financial market, with JianYuan Trust strategically focusing on this area to align with industry transformation and regulatory changes [2]. - The introduction of new regulations in the trust industry has clarified its role in supporting the real economy and protecting creditor interests, making special asset management a critical tool for financial risk mitigation [2]. Group 3: Challenges and Market Dynamics - Despite facing challenges such as complex pricing and increased competition, the special asset business is gaining importance due to its counter-cyclical nature, requiring specialized capabilities for value reconstruction [4]. - The supply of special assets is increasing in both quantity and quality, driven by various economic adjustments, creating opportunities for professional management and restructuring [4]. Group 4: Methodologies and Best Practices - JianYuan Trust has developed a methodology for asset disposal that emphasizes timely decision-making and the use of diverse tools to break deadlocks, such as bankruptcy restructuring and market-oriented reorganization [6][7]. - The company aims to shift from passive disposal to proactive management, creating an ecosystem that integrates industry, capital, judiciary, and government resources for effective asset value recovery [7]. Group 5: Future Outlook and Strategic Goals - JianYuan Trust anticipates significant growth in its special asset business, projecting a doubling of revenue in the coming year, with a focus on transforming from passive disposal to active empowerment of assets [12][13]. - The company aims to create a replicable model for special asset management that emphasizes risk resolution, value enhancement, and industrial empowerment, contributing to the broader financial ecosystem [13].

Core Viewpoint - The second asset promotion conference in Yangzhou aims to enhance asset promotion through government-court collaboration, creating an information platform to revitalize underutilized land and idle properties, thereby injecting strong legal momentum into local economic transformation and upgrading [1]. Group 1: Conference Overview - The conference attracted attention from various sectors, including representatives from the Jiangsu High Court, Yangzhou government, JD Group, bankruptcy managers, and industry scholars, discussing new paths for asset disposal and seeking cooperation opportunities [3]. - A specialized course on "Bankruptcy Law Amendments" was presented by Professor Lou Aihua from Suzhou University, providing theoretical depth and practical guidance to attendees [3]. Group 2: Key Addresses - Jiangsu High Court Vice President Wei Ruijin praised Yangzhou's innovative practices in asset disposal and emphasized the need for precise market demand alignment and improved collaborative mechanisms [3]. - Yangzhou Vice Mayor Sheng Weizhong focused on building a legal business environment to encourage investment and support economic transformation [3]. - Yangzhou Intermediate Court President Yang Xiaoyong highlighted the importance of deepening government-court collaboration and enhancing asset disposal efficiency [3]. - JD Group Vice President Han Chengxin expressed commitment to leveraging the conference as a starting point for revitalizing assets in Yangzhou [3]. Group 3: Asset Promotion and Agreements - The conference featured a concentrated promotion of 29 selected quality execution and bankruptcy assets, detailing their status, investment value, and connection methods for investors [4]. - Seven projects successfully signed investment intention agreements during the event [4]. Group 4: Discussions and Future Directions - A panel discussion on "Opportunities and Challenges in Special Asset Disposal" included insights from various industry leaders, emphasizing the critical role of bankruptcy managers in asset disposal [4]. - The successful hosting of the conference established a solid bridge for efficient asset-capital connections and exemplified the ongoing optimization of the government-court collaboration mechanism [4]. - Future efforts will focus on deepening cooperation to address asset disposal challenges, supporting Yangzhou's economic stability and industrial upgrading [4].

Core Viewpoint - The "Guangzhou Bay Area International Restructuring Center" has officially commenced operations, aiming to provide systematic solutions for corporate distress and asset revitalization through a comprehensive service model combining government guidance, market efforts, and judicial support [1][2]. Group 1: Core Functions of the Center - The platform focuses on four main functions: 1. Professional diagnosis and value assessment, establishing a comprehensive evaluation system for the entire lifecycle of enterprises to accurately identify risks and values, and tailor restructuring plans [2]. 2. Resource integration and allocation, leveraging three major resource databases and seven expert committees to gather professional, capital, and industrial resources [2]. 3. Coordination between court and non-court processes, utilizing a "government-court linkage" mechanism to secure adjustment periods for enterprises and establishing a "green channel" with the Guangzhou Intermediate People's Court to ensure efficient implementation of restructuring plans [2]. 4. Industry ecosystem co-construction, collaborating with multiple industry associations and professional institutions to enhance the overall industry level through information sharing, professional research, and talent cultivation [2]. Group 2: Strategic Collaborations and Projects - The center has signed strategic cooperation agreements with seven national and local asset management companies, seven commercial banks, and seven significant industrial investment institutions, and has initiated three key projects related to real estate revitalization and corporate debt restructuring [2]. - A cooperation memorandum has been signed between the Guangzhou Municipal Financial Committee and the Guangzhou Intermediate People's Court to establish a linkage mechanism for out-of-court restructuring and in-court reorganization, focusing on eight areas including case transfer, expedited review, manager recommendations, and asset disposal optimization [5].

Core Insights - The company, Yuanyang Group, has successfully revitalized multiple entrusted projects through its subsidiary, Yuanyang Construction Management, particularly in the area of special asset disposal, receiving recognition from government and stakeholders [1][9]. Group 1: Project Delivery and Performance - The Douhui Huating project in Haining, Zhejiang, with a total construction area of 78,000 square meters, was initially stalled but was successfully delivered on time in December 2023, becoming the highest delivery rate community in the area [1][3]. - After Yuanyang's involvement, the project resolved nearly 70 complex supplier debt disputes totaling over 238 million, significantly alleviating financial pressure [3]. - The project achieved a sales revenue of 362 million in 2023, ranking among the top three best-selling projects in Haining [3]. Group 2: Operational Improvements - The Yujing Bay project in Pinghu, Zhejiang, faced significant delays but was brought back on track with the resolution of over 30 debt negotiations totaling 250 million [6][7]. - The project successfully completed the delivery of five buildings in the 27 block by August 30, 2022, receiving broad recognition from the government and stakeholders [7]. - Sales revenue for the Yujing Bay project exceeded 130 million, indicating a rise in both volume and price [7]. Group 3: Market Opportunities and Strategic Focus - The company is capitalizing on the growing market opportunities in special asset disposal, particularly as the real estate sector faces deep adjustments and an increase in distressed projects [9][11]. - Yuanyang has developed a comprehensive approach to managing complex issues related to distressed assets, including litigation, auction, and restructuring, while also integrating various operational management systems to enhance efficiency [11].

Core Insights - The annual conference on special asset disposal, themed "Gathering Strength, Renewing," was held on May 24, focusing on the latest trends and challenges in the field of special asset disposal [1] - The event brought together over a hundred professionals from academia, finance, law, and special asset disposal, fostering collaboration and communication within the special asset ecosystem [1] Group 1 - The conference aimed to address hot topics and difficulties related to objections from third parties in special asset disposal, contributing to the optimization of asset disposal processes and economic development [1] - Key speakers included Liu Bin, Huang Zhenyu, Qi Chao, Xie Zhanlin, and Ji Hongyong, who provided insights and engaged in discussions on the forefront of special asset disposal [1] - The event served as an efficient communication platform for legal service providers and enterprises, enhancing cooperation between these sectors [1] Group 2 - The conference was initiated by Beijing Guosheng Law Firm and co-hosted by several organizations, including Beijing Banking Law Research Association and JD Asset Trading Platform, receiving broad support from various sectors [2]