JunZeJun Advised on the Establishment of Zhe Shang Asset Co.,Ltd

Recently，Zhe Shang Asset Co.,Ltd（ZSAMC）, as the first regional asset management company in China, was established in Hangzhou, Zhejiang Province.JunZeJuns's legal team,led by Mr. Wu Lixin, provided professional and highly effective legal services in its establishment.

 

ZSAMC, with 1.5 billion registered capital, was founded according to the Notice of MOF, CBRC on Issuing Measures for Administration of Non-performing Loan of Financial Institutions,and has started its business in Zhejiang Province.