Shanghai Chengfu Asset Management Co., Ltd. (hereinafter referred to as Chengfu Asset) is a professional credit risk management outsourcing institution, headquartered in Shanghai. Currently, it has established branch offices in Beijing, Guangzhou, Nanjing, Ningbo, Zhengzhou, Hefei, and other cities. Since 2005, it has provided non-performing asset management services to multiple banks and financial institutions nationwide, with a cumulative entrusted amount exceeding RMB 11.6 billion. Its major partner banks include China Guangfa Bank, Ping An Bank, Industrial Bank, Bank of Shanghai, China Minsheng Bank, China Everbright Bank, and Bank of Ningbo, among others.
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