Decade of preparation is dedicated to one shot. Tianjin Financial Assets Exchange (TJFAE) has been founded by taking advantage of preferential policies of Binhai New Area in financial innovation in order to boost Chinas financial innovation development. It is the implementation of the significant strategy promoting the financial reform and innovation of Tianjin Binhai New Area. It is a major step for China Great Wall Asset Management Corporation (CGWAMC) and Tianjin Government to strengthen their strategic cooperation, complement each others advantages and construct the Binhai financial innovation pilot hand in hand. It also demonstrates the cooperation of its shareholders, CGWAMCC and Tianjin Property Rights Exchange, for achieving the common goal of the sustainable development of the two parties through continuous exploration and remarkable effort.

    TJFAE , headquartered in Tianjin Binhai financial innovation pilot, is a nationwide and professional exchange. As Chinas first financial asset trading platform that can support transactions across China with an aim to serve globally, TJFAE operates on the principle of Being open, fair and just, making every effort to build up the brand of Three Chains, Four XCizations, Six Coverage . Three Chains means to center on innovative product chain, while constructing the business chain which can stretch to both the upstream and downstream of the financial asset trading and creating the interconnected value chain by renewing traded products. Four X-izations means to keep on perfecting all the transaction regulations and rules, furthering the research of standardization of traded products so as to increase its technology content and achieve Institutionalization, Normalization, Specialization and Standardization of management through innovation that gradually builds the core competitiveness of TJFAE. Six Coverage means the coverage of service agency, trading system, settlement system, trading information, clients and innovative products throughout China.

    TJFAE insists on developing with the overall situation of the country economy as well as growing by means of serving the country financial innovation. We make the most use of the advantages of CGWAMC and Tianjin Property Rights Exchange, combined with substantial support from Prime Ministry Department and Tianjin Municipal Government, to integrate and optimize all the available resources around China together with local advantages into the competitive edge of TJFAE. Consequently, we initially form the six unique competitive advantages since foundation by standing at a high standing point, keeping the breakneck pace and aiming at ranking the top. Firstly, we have established 3 regional headquarters and 28 transaction services (including HongKong) across China, extending our commercial network to all the capital cities in China except that of Tibet. Secondly, we have expanded more than 11,000 diversified investors as our members throughout China, who are engaged in financial asset products, including financial institutions and all kinds of intermediary agencies specialized in auction, evaluation, law, consulting and broking. Thirdly, we have gathered a number of top experts, scholars and senior managers from both domestic and abroad as well as professionals in finance, law and accountancy and strictly trained over 100 transaction operators to provide excellent service for customers. Additionally, we have unprecedentedly worked out and issued ten independent transaction regulations involving non-performing financial asset trading, financial enterprise state-owned asset trading credit asset trading and member service. Furthermore, we have successfully developed five trading system, including project marketing system, public listing & trading system, transferee registration system, bidding system and client service system. The milestone goes to the successfully closed deal of the first non-performing financial asset remote online e-bidding project, which marks that we have succeeded in establishing the diversified product online trading platform connected to one terminal but accessible to different places. This breakthrough frees us from the traditional way of financial asset trading and creates favorable conditions for the trading of financial asset in China immersing in the environment that is open, fair and just, thus opening up e-enabling the remote online bidding and trading of financial asset in China. The last one is that we are devoted to researching and developing new products and constructing the transaction market based on our basic assets such as the non-performing financial assets, financial enterprise state-owned assets and credit assets (notes, factoring, trust assets and leased assets). For the time being, we have made great achievements in designing the standardized products and securitized products.

    Only by embracing challenges, can we enjoy the happiness success brought to us. It has been my dream for many years to create a professional financial asset trading platform where we have the most extensive market, the most abundant products, the most publicly proven way of trading, the most concentration of customers, the most adequate information and the top technology. My colleague and I, as entrepreneurs, will surely persevere in pursuing this goal. Focused on our own responsibilities and duties, all the members in TJFAE will take pains to build the financial asset trading platform bearing the most public credibility in China with all our heart and soul.