CITIC Financial's Chairman of Financial Assets, Liu Zhengjun: Cultivating core competitiveness in the non-performing assets primary business.

On September 1st, Liu Zhengjun, Chairman of CITIC Financial Assets, stated at the mid-year performance release conference for 2025 that non-performing assets are the cornerstone of survival for financial asset management companies and will also be the main battleground for industry competition in the future. Regarding how to build the benchmark capabilities of the main business, Liu Zhengjun said that the future competition for financial asset management companies will first and foremost be a competition of cognition and ideology. The level of cognition determines the level at which a company can strategize and also determines whether the company can consistently find the right direction in its operations and management and do the right things.