Tianjin Jinrong Zichan Jiaoyisuo

Tianjin Financial Assets Exchange Co., Ltd. (TJFAE) was established on May 21, 2010, as China's first national-level financial asset trading platform. It was co-founded by China Great Wall Asset Management Corporation and the Tianjin Property Rights Exchange, based on a strategic cooperation agreement with the Tianjin Municipal Government.

The exchange was created to establish a comprehensive, nationwide platform for the open trading of financial assets, filling a gap in China's financial market. Its trading products include a wide array of assets such as non-performing financial assets, financial enterprise state-owned assets, credit assets, trust assets, leasing assets, funds, and insurance assets. Over the years, TJFAE has attracted significant investors. In November 2015, Ant Group, China Orient Asset Management, and CITIC Trust became shareholders, joining the original founders.

The platform serves a broad client base that includes over 2,000 financial institutions, with more than 50,000 institutional members and over 5 million individual registered investors as of early 2020. It has facilitated the circulation of over 2.6 trillion yuan in financial assets. The exchange has also been involved in partnerships with internet finance platforms like Tencent's Licaitong to offer financial products to a wider audience. In July 2024, as part of a broader regulatory-driven consolidation of local financial asset exchanges in China, the company was renamed "Tianjin Huashu Price Evaluation Co., Ltd." and its business scope was adjusted to asset evaluation and information technology consulting services.

Keywords: financial asset exchange, asset trading platform, non-performing assets, credit assets, trust assets, state-owned assets, asset circulation, financial product innovation, Ant Group, China Great Wall Asset Management, asset evaluation, information technology consulting