Group 1 - The recent announcement by the Bank Credit Asset Registration and Circulation Center optimizes the announcement period for non-performing asset transfers, reducing it from at least 10 working days to 5 working days under specific conditions, responding directly to market demand and improving the non-performing asset disposal mechanism [2] - Since 2025, financial regulatory authorities have introduced multiple policies to support the healthy development of the non-performing asset transfer market by standardizing participant behavior and optimizing business processes [2] - As of August 11, 2025, 15 consumer finance companies have announced non-performing loan transfers, with a total of 179 projects and an outstanding principal amount of 28.3 billion yuan [2][3] Group 2 - Among the consumer finance companies, China Bank Consumer Finance has been particularly active, completing 110 transfer transactions this year, involving outstanding principal and interest amounts of 8 billion yuan and 13.7 billion yuan respectively [2][3] - The total number of non-performing asset transfer transactions in the consumer finance sector has shown significant growth, with a year-on-year increase in loan balances reaching 1.35 trillion yuan by the end of 2024, reflecting a growth rate of 16.66% [3] - Compared to traditional methods of debt collection and litigation, transferring non-performing loans is a more cost-effective approach, allowing consumer finance companies to quickly offload historical burdens and focus resources on customer acquisition and risk control [4]