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Xinjiang Great Wall Asset Financial Leasing Corporation approved to start
www.gwamcc.com 03.30.2010
 

Recently, China Great Wall Asset Management Corporation (CGWAMC ) gained approval from Ministry of Finance to successfully inject capital as RMB 1 billion to Xinjiang Great Wall Asset Financial Leasing Corporation(herein after refers to the corporation) , its wholly-owned subsidiaries. So far, the capital of the corporation rose to RMB 1.519b from 590m. Its registered capital was ranked No.7 from No.9 among 12 financial leasing corporations. This move has advantages for the corporations to raise core competitive capacity, expanding leasing transactions, guaranteeing the value of state-owned assets. 

 
  
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