When the Shanghai United Assets and Equity Exchange called a conference of its members, in Shanghai, recently to recognize those that had performed exceptionally well in the assets and equity business, in 2012, ChemChina Asset Co walked away with a “best organization” award for the third year in a row.
The company is a property rights broker set up by the China National Chemical Corp that began standardizing operations and exploring the property rights business in 2012. The standardization covered supervision, management, rules, and oversight and helped integrate intermediary services in evaluations, auctions, and legal affairs. The company also established strategic cooperation with the China Beijing Equity Exchange, Shanghai United Assets and Equity Exchange, and Chongqing United Assets and Equity Exchange, while customizing operations in property rights transfers and assets disposition in the ChemChina system. This resulted in a “one-stop” services business model. During ChemChina’s structural adjustment, the assets company’s specialized, professional property rights services that it had developed played a significant role in regulating State-owned assets and getting the most out of the assets.
By now, the company has won trust of ChemChina and all its subsidiaries for its professional, standardized transactions involving State-owned property. It is an assets service company with a lot of experiences in property rights and assets disposition and has won recognition in China’s property and equity industry for its high standards and quality services. In winning the “best organization” award for three consecutive years it has become one of the most reliable, trustworthy property and equity service organizations in the entire country.