Dehehantong assisted the state-owned financial asset management company in successfully acquiring the bad asset project.

Recently, the Shanghai branch of a certain commercial bank intends to transfer its held non-performing assets (creditors' rights) package. As of the benchmark date, the principal balance of the target asset package's creditor's rights is approximately 126 million yuan, the interest balance is approximately 11 million yuan, and the total creditor's rights balance is approximately 137 million yuan. Dehehantong accepted the commission from the state-owned financial asset management company (AMC) and provided legal due diligence and transaction legal advisor services during the acquisition stage.

This service was led by Qiu Wenyu, the director of the Shanghai management committee of Dehehantong and the lead person for enterprise distress and reorganization business of Dehehantong, and the team followed up throughout the process. The team conducted a comprehensive legal analysis of the authenticity, legality, validity, cleanliness, badness, transferability, and guarantee situation of the proposed transferred creditor's rights, and in light of the situation where the collateral of the creditor's rights is commercial properties in Pu Zhou District of Shanghai and there are illegal buildings and criminal-related risks, relying on the rich practical experience accumulated in a large number of financial non-performing asset transactions and disposals, they issued detailed legal risk warnings and professional compliance opinions for the client, providing important reference basis for the client's transaction decision-making and the pricing of the target assets.

Now, this state-owned AMC has won the above non-performing asset project, the bank's non-performing asset transfer process has been successfully completed, achieving the dual goals of asset optimization disposal and compliant transaction. In the future, Dehehantong will continue to adhere to the concept of "diligence, craftsmanship, and excellence", with a professional legal team and systematic risk control experience, assist clients in solving complex non-performing asset disposal problems, injecting new vitality into this field.