China Cinda Asset Management SZSC:1359 Stock Report

China Cinda Asset Management Co., Ltd. to Report First Half, 2022 Results on Aug 29, 2022

China Cinda Asset Management Co., Ltd. announced that they will report first half, 2022 results on Aug 29, 2022

China Cinda Asset Management Co., Ltd. Provides Earnings Guidance for the Six Months Ended June 30, 2022

China Cinda Asset Management Co., Ltd. provided earnings guidance for the six months ended June 30, 2022. For the period, the company expected that the net profit attributable to equity holders of the Company for the six months ended June 30, 2022 will decrease by approximately 30% to 35% as compared to the corresponding period in 2021. The Company believes that the above changes are mainly due to the fact that the quality of certain financial assets measured at amortised cost held by the Company is under greater pressure due to the impact of changes in macroeconomic situation and market environment, thus the Company has increased the provision for credit risk.

China Cinda Asset Management Announces Resignation of ZHANG Weidong as President

The board of directors of China Cinda Asset Management Co., Ltd. (the "Company") announced that a resignation letter of Mr. ZHANG Weidong, the President of the Company, was received on July 18, 2022. Due to change of work arrangement, Mr. ZHANG Weidong resigned as the President of the Company. The resignation shall become effective as of July 18, 2022. Mr. ZHANG Weidong has confirmed that he has no disagreement with the Board and there is no other matter relating to his resignation of the President that needs to be brought to the attention of the shareholders of the Company. On June 28, 2022, the Board of the Company convened a meeting to elect Mr. ZHANG Weidong as the Chairman of the Company in accordance with the applicable laws, the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the articles of association of the Company. The appointment of Mr. ZHANG Weidong as the Chairman of the Company is subject to the approval of his qualification as the Chairman by the China Banking and Insurance Regulatory Commission (the "CBIRC"). In order to ensure the normal operation of the Board, the Board has elected Mr. ZHANG Weidong to perform the duties in place of the Chairman of the Board of Directors and the chairman of the Strategic Development Committee until his qualification as Chairman of the Board of Directors is approved by the CBIRC. The current operation of the Company sustains well. The Board will make an announcement in accordance with the applicable requirements under the Listing Rules after the appointment of a candidate for the President.

China Cinda Asset Management Co., Ltd. Announces Executive Appointments

China Cinda Asset Management Co., Ltd., Annual General Meeting, Jun 28, 2022

China Cinda Asset Management Co., Ltd., Annual General Meeting, Jun 28, 2022, at 10:00 China Standard Time. Location: Conference Room 1111, 11th Floor, No. 1 Building 9 Naoshikou Street, Xicheng District Beijing China Agenda: To consider and approve the work report of the Board for 2021; to consider and approve the report of the Board of Supervisors for 2021; to consider and approve the final financial account plan for 2021; to consider and approve the profit distribution plan for 2021; to consider and approve the budget of investment in capital expenditure for 2022; to consider and approve the appointment of accounting firms for 2022; and to consider any other matter thereof.