HDCM(SZ:000567)2023-09-25 03:50Group 1: Company Operations - The company requires an AMC license to acquire and manage non-performing individual loans nationwide [1] - Current disposal methods for non-performing loans include phone collection, mediation (including judicial mediation), and litigation [1] - The business model for managing non-performing loans includes entrusted asset management and asset acquisition management [2] Group 2: Funding Sources - The funding for non-performing loan business comes from operational income and external financing, primarily through setting up funds to attract external capital [2] - The company acts as a subordinate investor or manager in partnerships with financial institutions to recover non-performing loans using an AI disposal platform [2] Group 3: Market Size and Regulations - The estimated annual market size for non-performing individual loans in China exceeds 3 trillion yuan [2] - Current regulations prohibit the resale of acquired non-performing assets by the purchasing party, necessitating certain disposal capabilities [2]