Shandong Financial Asset Management
Shandong Financial Asset Management is an investment vehicle owned by the Shandong provincial government. It has become the majority shareholder of Hengfeng Bank after a bailout in 2019 and is the largest local asset management company in China licensed to handle non-performing assets in Shandong province. Industries it has a preference for include: Diversified/Conglomerates, Business Services, Consumer Discretionary, Consumer Products (CPG; FMCG), Consumer Services, Healthcare, Information Technology, Medical Devices & Equipment, Pharmaceuticals, Software / Internet, Telecoms & Media