CITIC FAMC Chairman Liu Zhengjun: Truly Cultivating the Core Competitiveness of Non-Performing Asset Main Business

On September 1st, Liu Zhengjun, Chairman of CITIC FAMC, stated at the 2025 mid-term performance release that the main business of non-performing assets is the foundation for the survival of financial asset management companies and will become the main track of industry competition in the future. Regarding how to build a benchmark for core capabilities, Liu Zhengjun mentioned that the competition for financial asset management companies in the future will first be a competition of cognition and concepts. The level of cognition determines the level of a company's strategic planning and also determines whether the company can consistently find the right direction and do the right things in its management