★2008/1/3, the holding company of COAMC changed the name from China National Foreign Trade Financial & Leasing Co. to China National Foreign Trade Financial & Leasing Co., LTD. ★2008/1/25, President Mei Xingbao became the new member of Chinese People's Political Consultative Conference. ★2008/2/25-28, COAMC held the Annual Working Conference of 2008 in Beijing. ★2008/3/10, Dongfu Asset Management Corporation which is held by COAMC and GE’s subsibiary-CFS Investment Holdings (China) Ltd. built in Shanghai. ★2008/4/1, COAMC and the government of Tianjin signed the Cooperation Agreement of Credit System Project Construction. ★2008/5/12, COAMC and BOC held the meeting of executive board in headquarter of BOC to discuss deepening the strategic cooperation. ★2008/5/12, COAMC’s holding company-Dongxing Securities Co. Ltd. got the permission of opening from China Securities Regulatory Commission. ★2008/5/15, Dongxing Securities held the opening ceremony in Beijing and donated 1 million RMB to Sichuan Earthquake Disaster Area. ★2008/6/23，COAMC and BOC held the meeting of executive board in headquarter of COAMC and discussed how to deepen mutual strategic cooperation. ★2008/7/3, President Mei Xingbao attended the 5th Forum of China Credit Rating Development Prospect which was held by PBoC, and made a speech named Meaning and Advantages of AMC’s Transformation to Rating. ★2008/7/8, Shanghai Branch and Shanghai United Assets and Equity Exchange together held the 2008 conference of recommending NPLs. ★2008/7/18, COAMC and Shanghai Fosun High Technology (Group) Co., Ltd. signed the intention letter of Strategic Cooperation. ★2008/7/29-31, COAMC held 2008 Mid-year Working Conference.

★2007/2/9, COAMC held the Spring Festival Banquet for Investors, 23 famous foreign and domestic investor institutions and agencies attended. ★2007/3/1-3, COAMC held the Annual Working Conference of 2007 in Beijing. ★2007/4/2-7, Vice President Chen Jiangxu led a delegation to pay a visit to KAMCO in Seoul, Korea. ★2007/4/15-20, President Mei Xingbao and Assistant President Li Xin led a delegation to Hang Kong and visit the investors there. ★2007/4/17, CBRC appointed Li Xin as COAMC’s vice president, Chen Jianxiong as Party committee member and assistant president. ★2007/4/17, CBRC appointed Gao Ying as COAMC’s Party committee member and vice president. ★2007/4/25, COAMC and BOC signed strategic Cooperation Agreement. ★2007/5/11, COAMC and Bank of Jiangsu signed strategic Cooperation Agreement. ★2007/5/17-19, Dongxin United Asset Management Corporation, which is invested by COAMC and Hang Kong Yinjian International Investment Co. Ltd., held the opening ceremony. ★2007/7/4, COAMC got 500 million yuan of short-term bond of CHINALCO, which had high rate of income from the funds. ★2007/7/26, COAMC issued the document of Quality Control System and would implement since Aug. 16. ★2007/8/1-3, COAMC held the 2007 Mid-year Working Conference in Shandong Province. ★2007/8/17, COAMC’s holding company-Dongxing Securities Co. Ltd. held the 1st general meeting of shareholders, boards of directors and supervisors, elected vice President Zhang Ziai of COAMC as the 1st Chairman of Dongxing Securities. ★2007/9/5-18, President Mei Xingbao led a delegation to investigate Italy, Spain and England. They paid visit to local BOC and learn the financial market of Europe. ★2007/9/26, COAMC started using Office Automation System. ★2007/9/28, Shanghai Ruifeng International Building, which is invested by COAMC in valued-added way, held the opening ceremony. ★2007/10/11, China National Foreign Trade Financial & Leasing Corporation, which is invested by China Minmetals Corporation and COAMC, held the 1st general meeting of shareholders, boards of directors and supervisors. ★2007/11/6, COAMC and China National Building Material Group Corporation sighed the strategic Cooperation Agreement and the Agreement of Debt Restructuring. ★2007/11/26, one of COAMC’s debt-to-equity enterprises, Shandong Ruyi, was successfully IPO. ★2007/12/28, COAMC held the ceremony of Getting ISO9001 Quality Control System Certification, which singed COAMC’s improvement of management level. ★2007/12/30, COAMC disposed and recovered cash valued 24.94 billion yuan in 2007, which created a new historic record.

★2006/1/10, the seminar of the operation of AMCs in 2005 was primarily held by the Ministry of Finance, jointly held by COAMC, in Beijing. ★2006/1/12-13, COAMC held the working conference of capital management in Guilin. President Mei Xingbao, Vice President Xu Gang attended the conference and made the speech. ★2006/1/25, COAMC and Yuntianhua (Group) Co. Ltd held the signature ceremony of strategic coorperation in Kunming, Yunnan, and signed the Agreement of Strategic Coorperation Framework and the Agreement of Financial Consultation. ★2006/2/18-20, COAMC held the Aunnal Conference 2006 in Beijing. President Mei Xingbao, Vice President Chen Jiangxu, Vice President Shi Junzhi, Vice President Xu Gang, Vice President Zhang Ziai, Assistant President Shi Guifen attended the seminar and made speech. ★2006/2/23, the financial scouting team from the Central Committee of Discipline and the Central Organization Dept was depatched into COAMC to start the scouting work. ★2006/3/8, COAMC held the seminar for international investors in Hang Kong, recommend assets which COAMC plan to dispose this year, and learned the opinion of investors. ★2006/3/31, COAMC successflly held the conference of recommending NPLs in Beijing. The NPLs which worth 52 billion RMB was from 23 provinces and involved 20,000 debtor enterprises. The Ministry of Finance, CBRC, PboC, SASAC and so on attended the conference. ★2006/4/26, COAMC entered the national banking bond market to begin the work of bonds exchange. ★2006/5/25, COAMC held the conference of Party committee central group study and report. The dirotor of CBRC Supervisory Rules & Regulations Department Huang Yi made the report. Huang Yi introduced and analysed the the current situation of macro-economy and finance, the transform of the national business bank, the transform of AMCs and so on. ★2006/6/1, Bank of China Limited went list in the Stock Exchange of Hong Kong Ltd. (SEHK). President Mei Xingbao was invited to present in the IPO ceremony. Hang Kong Dong Yin Limited got the placing of H shares of BOC. ★2006/6/5, in the view of Nanchang Branch’s resource is shinking, the headquarter decided to appoint Hangzhou Branch to take over the business from it and adjusted the people in charge of Nanchang Branch. ★2006/6/5, in the view of Nanchang Branch’s resource being limited, the headquarter decided to appoint Hangzhou Branch. ★2006/6/27, the sum of policy-purchased NPLs disposal and cash generation reached 28.93 billion yuan, fulfilling 100.07% of the goal set by the Ministry of Finance half year in advance. ★2006/7/7, Vice President Wang Yuelin attended the Conference of Anti-Bribe in Chinese Banking Industry, and signed in concerning files. ★2006/7/15-29, Vice President Shi Guifen led visiting team to Canada, investigated and trained in investment banking business. 7/19, Vice President Shi opened the markets of Toronto Stock Exchange. ★2006/7/28-30, COAMC held the conference of Party committee central group study in Beidai River. ★2006/8/13-16, COAMC held the Mid-year Working Conference 2006 in Changchun. ★2006/8/30-9/1, COAMC held the Conference of Legal Affair 2006 in Ha’erbin. ★2006/9/1-6, COAMC held the learning class of securities business in Shanghai. ★2006/9/19, the conference of building the ISO9001 in COAMC was held in Beijing. It is planed to build the ISO9001 system in about one year. ★2006/9/30-10/14, Vice President Wang Yuelin led a delegation to investigate Canada and had a training and investigation of investment banking. ★2006/10/31, COAMC started to use the Video Conference System and since then, COAMC could held the remote meeting. ★2006/11/21, CBRC approved COAMC to issue Dongyuan 2006-1 Asset Backed Securities Product, which was the 1st public issued NPLs product in China. ★2006/11/13-19, President Mei Xingbao led a delegation to pay a visit to KAMCO in Seoul, Korea. ★2006/12/30, COAMC and China Minmetals Corporation signed strategic Cooperation Agreement.

★2005/2/2 and 4, the members of general manager office of COAMC’ every department reported individual’s work. ★2005/2/17, COAMC held training class of asset evaluation in Beijing. ★2005/4/5, entrusted by CBRC, COAMC successfully finished the seminar named the Infornation Disclosure Method of AMC. ★2005/4/18, COAMC successfully held the conference of recommend NPLs worth 50 billion yuan. This is the greatest scale of recommend NPLs activities of COAMC in recent years. ★2005/5/9, the Group of CBRC Review NPLs 2nd Purchase formally entered COAMC. ★2005/5/10, the Party committee of CBRC appointed Mei Xingbao as the vice chief of COAMC Party committee and president; appointed Xu Gang, Zhang Ziai as the member of Party committee and vice president; appointed Shi Guifen as the member of Party committee and assistant president. Meanwhile, former vice chief of Party committee and President Bai Shizhen left her post, former vice chief of Party committee Sun Changji left his post. ★2005/6/25, COAMC attended the conference of ICBC NPLs Public Bidding, and successfully bid 10 NPLs portfolio of Guangzhou branch sales dept., Shenzhou, Yunnan, Jiangsu, Hefei, Hubei, Tianjin, Shanxi, Dalian, Jilin, and the sum came to 121.2 billion yuan. ★2005/7/4, Shenzhou Bangxin Investment Co. Ltd. detached from Shenzhou branch and subjected to parent corp. Yu Guanjian was appointed as the general manage of Shenzhou Bangxin Investment Co. Ltd. ★2005/7/8, COAMC held the pubic competition among entire staff concerned the job offers of 12 general manager assistant and above, including 6 general manager assistants in parent company, 2 general managers and 4 general manager assistants of the branch. ★2005/7/11, entrusted by CSRC. COAMC set up the liquidating group of Minfa Securities Co. Ltd. ★2005/7/19, COAMC held the picturephone meeting named Maintain Communist Party Member’s Predominance” for entire staff. ★2005/7/28-30, COAMC held the Mid-year Conference 2005 in Dalian. Mei Xingbao President represent COAMC Party committee to do the work report named “Quicken Disposition and Recovery, Carefully Operate Resource, Change Mind, Implement Strategic Transform”. ★2005/8/18, the agreement of Nan-Guang Group Debt-to-equity Swap was signed in Beijing, President Mei Xingbao attened the signature ceremony. The State-owned Assets Supervision and Administration Commission (SASAC)’s vice director Saho Ning, the officals of SASAC Enterprise Bureau, and Nan-Guang (Group) Co. Ltd, COFCO, CRC, Sinopec, CMC and other shareholder units attended this ceremony. ★2005/8/25-26, COAMC held the working conference of operate and dispose commercially purchased NPLs in Beijing. ★2005/8/30, COAMC and BOC Group Investment Co. Ltd signed a series of agreement, including Strategic Coorperation Intent of NPLs Disposal, in Hang Kong. President Mei Xingbao, Xu Gang Vice President, Vice President Zhang Ziai and BOCI’s Liu Zhengui President, Vice President Gong Zhongjian and so on, jointly attended the signature ceremony. ★2005/8/31, COAMC joined the China Banking Association(CBA) as the formal member of CBA. ★2005/9/8, the Party committee of CBRC appointed Wang Yuelin as the the member of COAMC Party committee, the chief of COAMC’s committee of discipline investigation. ★2005/9/15, the Yunnan workgroup was detached from Chengdu branch and subjected to parent corp. The name changed to Yunnan Management dept of COAMC. ★2005/9/20-21, the Seminar of Yangtze River Delta Strategic Transform was held in Shanghai. The President of the Supervisory Board Ding Juemin attened the seminar and guided in the isuues of internal control and so on. President Mei Xingbao made the important speech. ★2005/9/30-10/13, President Mei Xingbao led visiting teams to Canada, investigated and trained in investment banking business. ★2005/10/8, the accounting and finance system (3.0) successfully put into production. It marked that COAMC entered a new era of systematic construction. ★2005/10/19, COAMC held the teleconference to convey the spirit of CBRC’s conference named “State-owned Important Banking Financial Units Consolidate and Transform”. The president of the Supervisory Board Ding Juemin made the important speech. 2005/11/3, COAMC successfully transferred the NPL portfolio valued 3.53 billion from 139 enterprise in Hei Longjiang area, through the method of public bid. ★2005/11/10-15, COAMC held the seminar for general managers from north area, in Tianjin. President Mei Xingbao, Vice President Chen Jiangxu, Vice President Shi Junzhi, Vice President Xu Gang, Vice President Zhang Ziai, Assistant President Shi Guifen attended the seminar and made speech. ★2005/11/17-18, COAMC held held the seminar for general managers from south area, in Changsha. President Mei Xingbao, Vice President Xu Gang, Vice President Zhang Ziai, Assistant President Shi Guifen attended the seminar and made speech. ★2005/11/30, COAMC set up the operate stategy consultation council, Assistant President Shi Guifen was appointed as the vice director. ★2005/12/1, COAMC successfully transferred the NPL portfolio valued 4.26 billion from 284 enterprise in Shanxi area, through the method of public bid. ★2005/12/2, CBRC decided to leave Shi Junzhi’s post as vice president of COAMC. ★2005/12/7, COAMC and CITIC Trust&Inrestment Co.Ltd. signed the contract of NPLs disposal entrustship in Beijing. ★2005/12/14, COAMC held the conference of NPLs operation and disposal in Beijing. President Mei Xingbao and Vice President Zhang Ziai attended the conference and made the speech. ★2005/12/22, approved by the Ministry of Commerce, COAMC’s joint venture named “Shunwei United Asset Management Co. Ltd.” was build up. ★2005/12/28, the beginning day of Shanghai Ruifeng International Mansion’s continually building project. This building is invested by COAMC and it would become a new symbol building. ★2005/12/31, the sum of various NPLs disposal and cash generation broke the record and reached 10.5 billion. The sum of NPLs COAMC holding exceeded 500 billion, is the first one of the same business. This sum included 2005 policy NPLs worth 6.5 billion yuan, commercial operation worth 1.8 billion yuan, the cash generation of debt-to-equity swap worth 2 billion, shareholder’s bonus worth 0.18 billion.

★2004/2/24, the State Council approved the Request of AMC Reform and Development from the Ministry of Finance, agreed that the Ministry of Finance set up the Aim Review Responsibility and matched measure of AMC. President Bai Shizhen required that every branch should convey the spirit of 2004 Working Conference accorded to the newest spirit of State Council. ★2004/3/8, COAMC held the meeting and report conference of National Audit Office review group dispatched into COAMC. This audit is the fisrt time for AMC, and the review group would formally enter after Apr. ★2004/3/10, President Bai Shizhen represented COAMC to sign the NPLs disposal and recovery aim review responsibility with the Ministry of Finance. ★2004/4, IMF official interviewed the Haerbin branch of COAMC. This is the first time for IMF interview the operational circumstance of AMC in China. IMF gave high price for the achievement in asset disposal, operational innovation, development of the Haerbin branch of COAMC. ★2004/4/28, COAMC was appointed as the experimental unit of company lawyer in Beijing, and became the first AMC acquired this experimental unit qualification. ★2004/8/2-4, COAMC held the Mid-year Working Seminar in Beijing, and the concerned leaders from CBRC, the Ministry of Finance, Audit Office and the Supervisory Board of COAMCA attened the seminar and guide the work development. ★2004/8, COAMC built up the subject study group named “Set Up the Information Disclosure System of AMC”, according to the requirement of CBRC. ★2004/9, Vice President Gao Hechen attened the activity named “the Exhibition of 2004 China International Financial (Banking) Technique and Equipment”, which was primarily supported by China Finanicial Computeruzation Corp. of PBOC, jointly supported by COAMC. ★2004/10/18, CSRC decided to consign COAMC to entrust and operate Minfa Securities Co. Ltd. ★2004/11/29, COAMC and China Cinda Asset Management Corporation (CCAMC) signed the Agreement of Creditor’s Right Transfer, reffering to dispose NPLs by batch. According to the agreement, COAMC purchased 128.9 billion yuan NPLs of Construction Bank from CCAMC. This is the first time and the greatest scale for AMC package dispose NPLs through commercial method from the national business bank. ★2004/12/11, the Haerbin branch of COAMC successfully signed the agreement to utilize foreign capital for package dispose NPLs, and transferred 2.39 billion yuan NPLs of 180 debtor enterprise. ★2004/12/26, the Ministry of Finance and PBOC jointly requested CHAMC, GWAMC, COAMC and CCAMC, to develop the operation of trusteeship, and issued the Notice of the Ministry of Finance and PBOC Concerned With AMC Operating Trusteeship’s Matters. ★2004/12/29, COAMC totally disposed and recovered cash worth 6.58 billion, deducted equity cash recovery of 1.57 billion, fulfilling 108.76% of the operation goal and 100.06% of the strived goal.

★2003/7/21-25, COAMC seperately held the Mid-year Working Conference in Dalian, Changsha, Wulumuqi, and Nanchang. ★2003/8/5, the new Supervisory Board entered COAMC. 2003/9/1, Baishizhen President attended the 15th Annual Conference of Pacific Economic Council held in Brunei, and made the special trip to visit workgroup in Hang Kong and Macao when back to China. ★2003/10/17, China Banking Regulatory Commission(CBRC) appointed Mei Xingbao as Party committee member and vice president, after Bai Shizhen; appointed Shi Junzhi as the vice president of COAMC. ★2003/10/21, President Bai Shizhen attended the First Session of Third Council of China Overseas Communication Association. ★2003/12, Vice President Gao Hechen visited Wuxiang, Shanxi, to attended the Ceremony of Orient Hope Primary School Establishment. ★2003/12/30, COAMC disposed and recovered cash valued 5.216 billion yuan in 2003, fulfilling 130% of 4 billion yuan task as planned; fulfilling 104% of 5 billion yuan task as strived.

★2002/2, COAMC successflly took over the Orient Hotel Holdingd Co. Ltd from the Orient Trust and Investment Corp., and held the new directorate. ★2002/2, The Bank of China and COAMC jointly issued The Guide Pronciple of BOC and COAMC Manage and Dispose the Common Debtor and Creditor’s Rignts, and The Agreement of Trusteeship and Agency Service. It would normalize both sides to manage and dispose the creditor’s rights of common debtor, avoid the loss of national asset, and maintain the common interest of these two sides. ★2002/4, the Guangzhou Branch of COAMC remit the first recliamed capital from Yanjiang Branch of BOC which was packed and sale in the end of 2001, to the investor’s account in Hang Kong. It shown that the policy obstacle of foreign investors invested in China’s NPLs would no longer exist. ★2002/2/5-8, COAMC held 2002 Work Conference in Beijing. The conference concluded that the company should further improve its fundamental work, reinforce internal control, accelerate asset disposal and optimize disposition quality. On the conference, COAMC established a cash recovery goal of RMB 5 billion yuan for the year. ★2002/5/27-29, the conference of COAMC work of whole asset disposal and review was held in Wuhan. 48. ★2002/5, COAMC held the conference of utilizing foreign capital to disposite NPL portfolio, and determined the operational model of utilizing foreign capital in future. ★2002/6/15, 14 representatives of COAMC attended the conference of Central Financial System Party Representative, and Bai Shizhen was elected as the representative of central financial system in the 16th Party Congress. ★2002/6/17-22, COAMC, together with German International Development Foundation and CAIEP, held a seminar named “International Asset Management and Disposal” in Beijing. ★2002/6, COAMC disposed of NPLs worth RMB 45.996 billion at book, recovered assets worth 21.665 billion in agreement, the rate of accumulate asset disposal reached 20% (excluded debt-to-equity swap). ★2002/6, COAMC reported on the proposal and agreement of 214 enterprise (63 have dominating shares held by COAMC), to SETC, Ministry of Finance and PBOC, and was approved by the State Council. ★2002/8, COAMC and BOC jointly dispatched workgroup, arrived to Mozambique and Yemen to collect the debt, and respectively reclaimed $ 771,000 and $ 900,000 as orginal agreement. It prevent the loss of national asset in the grestest degree, and set up the successful example of reclaiming NPLs in abroad. ★2002/8/19, COAMC and KAMCCO held the ceremony of sign the cooperation agreement. It reinforced the power of utilizing foreign capital to dispose NPLs, widened and developed the way of disposing NPLs together with foreign asset management corporations. ★2002/10/16, Vice President Chen Jiangxu led visiting teams and attened the seminar named “Merger and Acquisition in China”, which was held by German and China Economic Unity in Cologne, Germany. ★2002/11/18, COAMC held the conference of whole staff, Bai Shizhen President conveyed the spirit of 16th NPC. It inspired and ensured the confidence of whole staff to propel the various aspects of jobs of asset management and disposition. ★2002/12/6, COAMC together with American Distressed Asset Consulting and Chenery Capital Inc signed the agreement of NPLs transfer. COAMC transferred the creditor’s right of 60 projects in northeast area which valued 1.8 billion RMB NPLs at book, through the method of NPLs portfolio, wholely transferred to foreign middle and small investors. ★2002/12/30, COAMC realized a cash generation of 11 billion yuan in total, including 5.35 billion in 2002, fulfilling 107.02% of the task of cash generation valued 5 biliiion yuan.

★2001/1/12-15, the COAMC Conference 2001 was held in Beijing. More than 80 represents attended the meeting. President Sun Changji delivered a lecture named "Inspiring the Energy, Solidening the Basis, Focusing on Asset Management and Disposition, and Propelling the Various Aspects of Jobs". ★By the end of 2000, COAMC had disposed of assets up to RMB 18.8 billion, and recovered assets worth 4.5 billion, among which 1.3 billion was cash. ★2001/2 and 2001/4, COAMC was accepted as a member by Shenzhen Security Exchange and Shanghai Security Exchange both, thus qualified for the business of listing recommendation. That would be of great help to the company's management and operation of the equity assets. ★2001/2/5, COAMC and Korea Asset Management Corporation (KAMCO) signed MOU on NPLs dispostion. Presidents of the two companies attended the signing ceromony. COAMC and KAMCO will cooperate and communicate in many aspects such as NPLs management and disposition, information system building, and personnel training. ★2001/3, COAMC held the Debt Asset Management & Disposition Conference in Hainan province. After the conference COAMC worked out the " Rules on management of the Stored Real Estate in Hainan Province" and "Direction on the Creditor's Right Confirmation of the Real Estate in Hainan Province". ★2001/3/28-4/1, Directors and Supervisors Training Program was held in Shanghai. ★2001/5, COAMC signed cooperation agreement with Guaweb, China Auction Net and China Real Estate Developers Alliance. They agreed to develop an overall cooperation in the sales of assets online. This marked that COAMC entered a new era to take advantage of the e-business and other forms to dispose of the NPLs. ★2001/5, Suzhou Mingjiali Metal Co., Ltd. successfully registered in local Industry & Trade Administration Bureau. It was the first commercial debt-equity swap led by COAMC. ★2001/6/10, the electronic documentation transmission system of COAMC started to work, which indicated a significant improvement in OA of COAMC. ★By the end of 2001/6/31, COAMC had recovered RMB 1.1 billion in cash in 2001. ★By the end of 2000/6/31, 29 debt-equity swap enterprises had finished re-registration. among which 12 have dominating shares held by COAMC. ★2001/7/4-6, the Mid-year Conference on disposition of 2001 was held in Beijing. The conference called up entire staff to inspire the morale, develop new ideas of disposition, and reach the goal of this year successfully. ★2001/7, COAMC reorganized the headquaters, forming 11 departments as the following: Executive Office, Strategic Development Committee, Asset Disposition Management Department, Debt & Market Development Department, Equity & Investment Banking Department, Investment Asset Management Department, Accounting & Finance Department, Information Technology Department, Human Resources Department, General Auditing Department, Supervision Department. 36.2001/9,the Ministry of Personnel appointed Bai Shizhen as the new president of COAMC on the State Council's approval.Former president Sun Changji left his post at the same time. ★2001/9/20, COAMC signed cooperation agreements concerning asset disposal with Shenyinwanguo Securities Co., Ltd., Hongkong Daye Gold & Silver jewelry Company and Hongkong Fanyi Industrial Corporation on the 6th International Chinese Merchants Conference. ★2001/9/21, COAMC signed D/E swap agreement with Shenzhen Foreign Trade Group Corporation, bringing birth to the first D/E swap enterprise in domestic commercial & trading industry. ★2001/11/1, President Bai Shizhen delivered a theme speech on the 2001 NPL International Forum, which is jointly hosted by the four Chinese AMCs. COAMC introduced additional 48 asset projects worth a face value of RMB 3.2 billion on the occasion. ★2001/12/6, COAMC successfully sold an NPL portfolio worth RMB 1.8 billion to US investors with first cash payment of US$ 21 million. ★2001/12, Mr. Shi Junzhi was appointed President Assistant on the approval of the Financial Work Committee of the CCCCP. ★In 2001, COAMC disposed of Non-performing loans worth RMB 18.3 billion yuan at book, recovering assets added up to a total of 8.5 billion yuan, representing 46.5% of the book value. The company realized a cash generation of 4.4 billion yuan in the year, or 24.2% as of cash recovery rate, fulfilling 147.3% of the annual operation goal set by the Ministry of Finance.

★2000/1/4, PBOC approved COAMC to establish 25 branch offices nationwide in such places as Guangzhou, Nanjing, etc. ★2000/1/24-27, COAMC held the Mid-year Conference 2000 in Beijing, which was the first conference attended by all the branches. This conference provided the company significant instructions on the establishment of corporate structure and business development of all aspects. ★2000/3/31, PBOC approved COAMC to undertake the asset lease business. ★2000/5/31, COAMC, together with CCIC, held a seminar named "How To Use Foreign Capital In Restructuring Stated-owned Assets". ★2000/5, COAMC established practically all of its branches around the country. ★By the end of 2000/6, COAMC has finished purchasing the 267.4 billion non-performing loans from Bank of China. ★2000/6/22-24, the Mid-year Conference of COAMC 2001 was held in Beijing. The conference pointed out that COAMC should shift its focus to asset management and disposition. ★2000/8/23, the Supervisory Board entered COAMC on the accreditation of State Council. ★By 2000/8/25, COAMC had finished the debt-equity swap mission assigned by National Economy & Trade Committee in the main, by signing agreements worth a total of RMB 63 billion with 220 enterprises. ★2000/9/5, COAMC signed MOU with Guotaijun'an Security Co., Ltd. ★2000/9-10, COAMC held seminars on the disposition of foreign trade related assets in Beijing, Nanjing, Guangzhou, Xi'an and Dalian respectively, and formulated "Direction to Dispose of Foreign Trade Related Assets". ★2000/10 and 2000/12, Vice President Chen Jiangxu led visiting teams to USA and Europe, respectively, aiming to learn from foreign AMCs and recommend assets to overseas investors and intermediaries. ★2000/11, Vice President Bai Shizhen led a delegation to attend the "NPLs Forum of Asia Pacific" in Seoul, Korea. The delegation communicated with foreign investors and intermediaries extensively on NPLs disposing, and recommended some projects as well. The delegation also visited Japan. ★2000/11/28, PBOC revoked the China Orient Trust Company. Under the auspices of BOC, COAMC participated in the clearance of all the accounts of the COTC. COAMC assumed, managed and disposed all of the investment assets and corresponding liabilities of COTC. ★2000/11, Guangzhou branch invited PriceWaterhouseCoopers Co. to conduct an overall investigation on the assets received from Yanjiang branch of BOC. ★2000/12/12-15, the 1st Investment Business Seminar in COAMC was held in Shenzhen to cultivate talents and thus set a basis for the investment banking business. ★2000/12/22, Shaoxing Silk Factory, the first Debt-to-equity Swap Corporation led by COAMC, was formally established. v2000/12/25, COAMC was granted the A-share underwriter license by CSRC and allowed to undertake the business of listing recommendation for the assets under its management.

★1999/10/15，China Orient Asset Management Corporation(COAMC) was founded on the approval of the State Council. Sun Changji was appointed president of the company while Bai Shizhen and Chen Jiangxu as vice presidents. ★1999/10/28, COAMC signed its first debt-equity swap frame agreement with Jiangxi Phoenix Optical Corporation. ★1999/10/28, under the auspices of COAMC, State Development Bank of China, Cinda and Huarong AMC co-signed a debt-equity swap agreement with Zhejiang Chemical Fibre Corp.. It was the first time that multiple creditors co-signed an agreement with a common debtor. ★1999/11/23, China Securities Regulatory Commission (CSRC) approved COAMC to underwrite A-share of enterprises within its business scope by means of "case by case approval" instead of a general qualification.