China Cinda Asset Management Co. Ltd. Enters RMB20 Billion Asset Management Contract

Reuters
06-26
China Cinda Asset Management Co. Ltd. Enters RMB20 Billion Asset Management Contract

China Cinda Asset Management Co. Ltd. has announced a major transaction involving the signing of an Asset Management Contract. On April 27, 2025, and June 16, 2025, Cinda Investment, acting as the investor, and Cinda Securities, serving as the asset manager, entered into an agreement with the Construction Bank Beijing Branch, which will act as the asset custodian. The agreement, known as the Asset Management Plan Contract and its Supplemental Agreement, entrusts Cinda Securities to manage investments on behalf of Cinda Investment. The transaction has received the necessary approval from the Ministry of Finance, and a detailed circular is expected to be published by July 18, 2025. The company's board has stated that the transaction terms are fair, reasonable, and beneficial for the company and its shareholders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Cinda Asset Management Co. Ltd. published the original content used to generate this news brief on June 26, 2025, and is solely responsible for the information contained therein.

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