Case Study Of China Great Wall Asset Management Company's Disposition Of Non-performing Assets Of Non-financial Institution

Under the new normal of economy,with the reform of China's economic system and the adjustment of industrial structure and the sequelae of the 4 trillion rescue policy under the financial crisis in 2008,the scale of China's non-performing assets is gradually increasing,while the economy is entering the adjustment period,and the downward pressure is increasing.By the end of the fourth quarter of 2019,the non-performing loan balance of commercial banks has reached 2.41 trillion yuan,and the non-performing loan ratio of commercial banks has reached 1.86%.In recent years,the gradually superimposed non-performing assets will be further increased in quantity due to the impact of the epidemic at the beginning of 2020.The disposal of non-performing assets needs to be deepened continuously.The non-performing asset disposal industry is facing new challenges,which makes the change of non-performing asset disposal industry accelerate in 2020,the scope will continue to extend,and the scale will continue to expand.In the case of unsatisfactory external environment,non-performing assets will bring more heavy burden to the enterprises of non-financial institutions,so as to reduce the vitality of enterprises,restrict the healthy development of enterprises,and then affect the development of the industry.At the same time,the existence of a large number of non-performing assets will also seriously threaten the security of the financial system,to a certain extent,it will bring a negative impact on the national economy.In order to speed up the disposal of non-performing assets and improve the efficiency of disposal,Great Wall Asset Management Company,when purchasing non-financial institutions' non-performing assets,uses reasonable disposal methods and makes every effort to fully consider and prevent risks.While realizing the disposal of income and non-performing assets,it can also reduce the impact of non-performing assets on the local economy.Since its establishment,Great Wall Asset has been committed to non-performing asset related businesses,has the courage to assume social responsibility,prevents and resolves major risks,and strives to achieve the positive situation of corporate and social benefits.Firstly,this paper introduces the current situation of China's non-performing assets,summarizes the relevant literature of non-performing assets at home and abroad,understands the mainstream views of non-performing assets and non-performing assets disposal,and provides analysis angles for the following analysis of the case of China Great Wall assets management corporation purchasing non-financial non-performing assets.In this paper,China Great Wall assets management corporation.acquires the creditor's rights of S company,a non-financial institution held by Shengshi Xiangye company.This paper introduces not only the credit transaction and mortgage guarantee in the case,but also the basic situation of the main enterprises involved in the case.Then,in the process of disposal of non-performing assets,the disposal of non-performing assets involved in the risk of its preventive measures and disposal proceeds are analyzed.Finally,through the analysis of the case of S company's non-performing assets disposal,it is concluded that other asset management companies need to learn from China Great Wall assets management corporation to flexibly select appropriate disposal methods,strengthen risk management and constantly comply with the development trend of the industry in order to achieve the expected effect when disposing the non-performing assets of the same kind.